Slide 1: Cover letter to stock exchanges on 9th AGM
>';..< prtcal PRICDL Passion LIMITED to Excel 109, Race Course Coimbatore 641018, India '- +91 422 4336000 '11 +91 422 4336299 ? city@pricol.co.in e, pricol. com CIN:L34200TZ2011PLC022194 PL/SEC/TGT /2020-21/044 ;.. CUSTOMERS /.. EMPLOYEES ;.. SHAREHOLDERS /.. SUPPLIERS Thursday, 17th September, 202
Slide 2: Proceedings of the 9th Annual General Meeting
Proceedings of the 9th Annual General Meeting of Pricol Limited held on Wednesday, the 16th September 2020 at 3.00 p.m. through Video Conference (VC) / Other Audio Visual Means (OAVM) at the deemed Venue at Registered Office 109, Race Course, Coimbatore 641 018 - Meeting started 3.00 p.m. at Meeting
Slide 3: AGM proceedings: proxies and e-voting
• since there was no physical attendance of the members, the requirement of appointment of proxies was not applicable. • Electronic voting facility atthe AGM isbeing made available to enable members, who have not cast their votes through remote e-voting to exercise their voting rights. The e-voting
Slide 4: AGM proceedings: auditors and presentation
Mr.T.G.Thamizhanban, Company Secretary, Mr.V.S.Srinivasan of M/s. VKS Aiyer & Co, Statutory Auditors, Mr.P.Eswaramoorthy, Secretarial Auditor & Scrutiniser, individually identified themselves and also stated the location from where they are participating. Chairman informed the members that AGM Notic
Slide 5: AGM proceedings: e-voting and closure
• E-voting would be open for 15 minutes from the end of the Meeting on the NSDL e-voting platform to enable those shareholders who had not cast their vote to cast their vote. • Mr.P.Eswaraoorthy, of M/s.P.Eswaramoorthy & Company, Company Secretaries was appointed by the Board of Directors of the Com
Slide 6: Welcome to Pricol Limited's 9th Annual General Meeting
Welcome to Pricol Limited’s 9th Annual General Meeting 16 September 2020 Slide 1
Slide 7: Agenda
Agenda Financial Performance FY 19-20 Select New Business Wins Key Investments Company Outlook FY 20-21 Slide 2
Slide 8: Financial Performance FY 19-20
Financial Performance FY 19-20 Slide 3
Slide 9: Standalone Financial Performance FY 19-20
Standalone Financial Performance FY 19-20 Pricol’s standalone revenue from operations for FY 19-20 is INR 1142.00 crores. Overall there was a 12% degrowth in revenue compared to the previous year due to decreased sales on account of the continued slowdown in the Automotive Industry. The industry
Slide 10: Standalone – Segment wise Growth – July'19 vs July'20
Standalone – Segment wise Growth – July’19 vs July’20 (In INR crores) Pricol Sales - YOY Growth Comparison Segment July'19 July'20 Pricol % Market % Two / Three Wheeler 67.73 72.29 7% -30 Four Wheeler 3.38 4.15 23% -30 SIAM data yet to be Commercial Vehicle 4.34 6.88 58% released Tractors 4.66 3.36
Slide 11: Consolidated Financial Performance FY 19–20
Consolidated Financial Performance FY 19–20 The consolidated financials comprises operations of Pricol Limited, Pricol Surya Indonesia, Pricol Asia, Pricol Espana (including its step-down subsidiary Pricol Wiping, Czech) and Pricol Wiping India. Pricol do Brasil and Pricol Wiping Mexico financials
Slide 12: Capex Investment in FY 19-20
Capex Investment in FY 19-20 Standalone capex investment in FY 19-20 was INR 53.73 crores. (In INR crores) Particulars FY 19-20 Building & Infrastructure 1.67 Plant & Machinery 29.83 Others* 5.11 Tooling 17.12 Standalone Total Capex 53.73 *Others include test lab and quality lab equipment, Design
Slide 13: Divestment of Subsidiaries
Divestment of Subsidiaries Pricol do Brasil and Pricol Wiping Systems Mexico We decided to exit Pricol do Brasil due to mounting losses year on year. Chroma GP LLC, USA was the identified potential buyer who was interested in acquiring the asset along with Wiping Operations in Czech, Mexico an
Slide 14: Divestment of Subsidiaries
Divestment of Subsidiaries Pricol Wiping Systems Czech S.R.O Business in Czech was affected badly due to the Covid-19 pandemic. Volkswagen group, which contributes about 80% of our sales in Czech, had a drastic decline in sales and they were not giving any volume commitment or forecast for the u
Slide 15: Select New Business Wins
Select New Business Wins Slide 10
Slide 16: Fuel Pump Module – 2W
Fuel Pump Module – 2W Fuel Pump Module for multiple 2W models Customers: Domestic 2W OEMs Manufacturing Locations: Manesar, Coimbatore Slide 11
Slide 17: Connected Clusters – 2W
Connected Clusters – 2W Next Generation Connected Clusters for multiple models of 2W EV and non -EV Customer : Domestic 2W OEM Manufacturing Location: Coimbatore & Pantnagar Slide 12
Slide 18: Digital Clusters – 2W
Digital Clusters – 2W Next Generation Digital Clusters for multiple models of 2W Customer : Domestic 2W OEM Manufacturing Location: Manesar & Pantnagar Slide 13
Slide 19: Digital Clusters – Commercial Vehicles
Digital Clusters – Commercial Vehicles Next Generation Digital Commercial Vehicle Clusters Customer : Domestic CV OEMs Manufacturing Location: Coimbatore, Manesar & Pune Slide 14
Slide 20: Digital Cluster – Passenger Cars
Digital Cluster – Passenger Cars Next Generation Digital Passenger Vehicle Clusters Customer : Domestic PV OEM Manufacturing Location: Pune Slide 15
Slide 21: Oil Pumps, Water Pumps and Valves
Oil Pumps, Water Pumps and Valves Oil Pumps, Water pumps and Purge Valve for motorcycles and off-road vehicles Customer : International and Domestic OEMs Manufacturing Location: Coimbatore Slide 16
Slide 22: Revenue for New Products
Revenue for New Products Annualized NPD revenue is expected to contribute about 40% of the total sales in a full year of normal operations under stable economic and market conditions. The NPD revenue is the highest in the history of the company. Necessary capacities have been created across al
Slide 23: Key Investments
Key Investments PRICOL LIMITED Passion to Excel
Slide 24: Key Investments
Key Investments CV Electronic DIS assembly line 4W Digital Car DIS assembly line 2W TFT DIS assembly line Oil pump assembly line - Exports Fuel pump module assembly lines Water pump assembly lines - Exports Slide 19
Slide 25: Company Outlook FY 20-21
Company Outlook FY 20-21 Slide 20
Slide 26: Standalone Outlook FY20-21
Standalone Outlook FY20-21 The automotive industry after almost 18 months of continuous degrowth was impacted severely due to extensive lockdowns in Q1 of FY 20-21. Nevertheless, with the limited operations in the month of June’20, we were able to achieve a turnover of INR 117.36 crores in Q1 FY 2
Slide 27: Standalone Outlook FY20-21
Standalone Outlook FY20-21 Industry experts predict a sharp slowdown post the festival season once the pent up demand is fulfilled compounded by the sharp economic correction in the economy. Fortunately, for our company, the quantum of new product revenue and new customer addition will mitigate
Slide 28: Passion to Excel
> PASSIONATE > SUSTAINABLE > oynamic > EvoLvine — —— Vv mw >3< pricol Slide 23 PRICOL LIMITED Passion to Excel