Divgi Torqtransfer Systems Ltd. · NSE:DIVGIITTS
Divgi Torqtransfer Systems — Q4 FY2026 Earnings Presentation
47 slides from Divgi Torqtransfer Systems's earnings presentation, May 25, 2026
Slide 1: Submission letter to stock exchanges
Divgi TorqTransfer Systems Limited Divgi TorqTransfer Systems CIN: L32201MH1964PLC013085 75, General Block, MIDC, Bhosari, Pune 411 026, India Tel: (+91-20) 63110110 Web: www.divgi-tts.com Ref.: DTTS/Sec/26-27/12 May 25, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jee
Slide 2: Preparing for the Next Orbit
PREPARING FOR THE NEXT ORBIT Divgi TorqTransfer Systems Limited Investor Presentation – Q4 & FY26
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Divgi TorqTransfer Systems Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo
Slide 4: Index
Index Sr. No. Contents Slide No. 1 Achieving New Financial Milestone 5 2 Consistent Q-o-Q Improvement – Momentum to Continue 6 3 Highlights from the Management 7-9 4 Product Diversification – Delivered Strong Results 10 5 Geographic Diversification – Expanding Global Presence 11 6 Strategic Partners
Slide 5: FY26 – Transformation Journey
FY26 – Transformation Journey 4
Slide 6: Achieving New Financial Milestone
Achieving New Financial Milestone Delivered record breaking revenue, surpassing all historical milestones FY25 FY26 Y-o-Y Total Income INR 240.1 crores Total Income INR 375.2 crores Total Income 56% EBITDA INR 58.6 crores EBITDA INR 92.3 crores EBITDA 58% EBITDA (In %) 24.4% EBITDA (In %) 24.6% PAT
Slide 7: Consistent Q-o-Q Improvement – Momentum to Continue
Consistent Q-o-Q Improvement – Momentum to Continue Rs. In Crores ~Avg. over the year FY25 FY26 ~55crs+ ~90crs+ The quarterly revenue run-rate 64.1 113.8 has nearly doubled from ~₹55 59.4 59.2 57.5 96.3 88.3 crore to ~₹100 crore, driven by 76.8 stronger product acceptance, improved wallet share with
Slide 8: Highlights from Management
Highlights from Management FY26: Beginning of the Growth Recovery Phase “FY26 marked the beginning of Divgi’s next growth phase driven by execution, scaling of new opportunities, and monetisation of strategic investments made over the past few years.” FY26 Performance Highlights • Achieved the highe
Slide 9: Highlights from Management
Highlights from Management 3. Strong Momentum in Components Business Key Highlights • Leveraging the deep application knowledge of Transmission systems deployed in in-house manufacturing process to win and execute critical components industrialization • Robust demand for high-precision machined comp
Slide 10: Highlights from Management
Highlights from Management 6. Improvement in Capacity Utilisation Key Highlights • Overall company-level capacity utilisation improved to 70%+. • EV business capacity utilisation improved to 40%+ as program activity increased. “Improving utilisation levels are expected to support stronger operating
Slide 11: Product Diversification – Delivered Strong Results
Product Diversification – Delivered Strong Results Total Income Transfer Case E-Gear Drive Components Rs. In Crores % of Total Income 190.6 183.0 28.5 25.8 112.2 155.1 24.0 375.2 110.5 50.2 278.7 273.0 34.1 35.9 240.1 0.2 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 68% 57% 46% 49% 0%
Slide 12: Geographic Diversification – Expanding Global Presence
Geographic Diversification – Expanding Global Presence Products ❑ Transfer Case ❑ EV Transmission ❑ Manual Transmission ❑ Components Europe UK Germany Asia-Pacific North America Portugal Indonesia US Japan Expanding Mexico Thailand Market Reach China o Thailand South Korea o Indonesia o Europe o Sou
Slide 13: Strategic Partnership – Key growth catalyst
Strategic Partnership – Key growth catalyst Trusted Partner for Global & Leading OEMs BorgWarner Partnership – Most Toyota Tsusho – Entry into the M&M – Long term strategic TATA – Long term EV ecosystem Transformational Collaboration Japanese Ecosystem relationship partnership o Access to global dri
Slide 14: Transfer Case | New Generation Offering
Transfer Case | New Generation Offering Customer Need: • Indian leading OEM of SUVs/ LCV have global aspirations • Requirement for state-of-the-art Transfer Case technology with auto engagement (without driver intervention), always active Transfer Case, capability for on-road and off-road terrain co
Slide 15: Progress in Our EV Transmission Business
Progress in Our EV Transmission Business Sigma Prototype NVH Quality Report Approval has been received from customer for production supplies, SOP expected to commence from Q2 FY27 NVH – Noise, Vibration & Harness 14
Slide 16: Q4 & FY26 Performance
Q4 & FY26 Performance Divgi-TTs
Slide 17: Revenue Walk – Q4FY26
Revenue Walk – Q4FY26 Total Income Transfer Case E-Gear Drive Components & Exports Rs. In Crores Other Income +87% +11% +142% +4.8x Revenue from Operations 54.1 8.3 33.4 21.7 7.5 30.9 47.0 7.1 18.8 +78% 113.9 29.0 13.8 6.2 4.5 96.3 5.6 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 Q
Slide 18: Revenue Walk – FY26
Revenue Walk – FY26 Total Income Transfer Case E-Gear Drive Components & Exports Rs. In Crores +66% +10% +124% +7.9x Other Income Revenue from Operations 183.0 28.5 112.2 66.9 25.8 +48% 110.5 375.2 50.2 22.3 10.8 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 240.0 Other Business Geographic Mix (%) Total I
Slide 19: Financial Snapshot – FY26
Financial Snapshot – FY26 Total Income (Rs. In Cr.) EBITDA (Rs. In Cr.) Profit After Tax (Rs. In Cr.) +56% +58% +92% 375.2 92.9 46.3 240.1 59.8 24.4 FY25 FY26 FY25 FY26 FY25 FY26 EBITDA (%) Profit After Tax (%) 24.4% 24.6% 12.5% 10.2% FY25 FY26 FY25 FY26 18
Slide 20: Financial Snapshot – Q4FY26
Financial Snapshot – Q4FY26 Total Income (Rs. In Cr.) EBITDA (Rs. In Cr.) Profit After Tax (Rs. In Cr.) +78% +92% +189% 113.8 28.5 15.5 96.3 23.4 11.6 64.1 15.0 5.5 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 EBITDA (%) Profit After Tax (%) 24.3% 24.5% 13.6% 22.7% 12.0% 8.4% Q4FY2
Slide 21: Key Focus Areas
Key Focus Areas Other Focus Areas Key Products Revenue (Rs. In Crores) Focus Areas Automatic Transmission: 51% 48% 49% 47% • Domestic Growth: Collaborating with a leading Indian and Japanese • Working on feasibility for localization of 45% automotive OEM on their upcoming platforms. globally proven
Slide 22: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. In Cr.) Q4FY26 Q4FY25 Y-o-Y Q3FY26* Q-o-Q FY26 FY25 Y-o-Y Revenue From Operations 107.6 58.2 90.6 352.9 218.9 Other Income 6.2 5.9 5.6 22.3 21.2 Total Income 113.8 64.1 78% 96.3 18% 375.2 240.1 56% Raw Materials 40.7 23.4 35.3 136.8 88.1 Gross Profit 73.1 40.
Slide 23: Balance Sheet
Balance Sheet Particulars (Rs. In Cr.) Mar-26 Mar-25 Particulars (Rs In Cr.) Mar-26 Mar-25 Assets Equity & Liabilities Non-Current Assets Total Equity Property, plant and equipment 247.1 243.4 Equity Share Capital 15.3 15.3 Capital work-in-progress 17.7 1.6 Other Equity 620.2 581.5 Right-of-use asse
Slide 24: Cashflow
Cashflow Particulars (Rs. In Cr.) Mar-26 Mar-25 Profit Before Tax 62.7 33.0 Adjustments for: Non -Cash Items / Other Investment or Financial Items 9.7 5.1 Operating profit before working capital changes 72.4 38.1 Changes in working capital (16.8) 4.0 Cash generated from Operations 55.6 42.1 Direct t
Slide 25: Collaborative Research Initiative with BITS Pilani
Collaborative Research Initiative with BITS Pilani MoU Signing for Collaborative Research between BITS Pilani and Divgi-TTS, Pune Strategic collaboration with BITS Pilani to Collaboration to support industry-academia establish a Centre of Excellence for Automotive talent development, with plans to o
Slide 26: Future Growth Strategies
Future Growth Strategies Divgi-TTs
Slide 27: Growth Strategy
Growth Strategy 4WD/AWD Products Electric Vehicle Powertrain Technology-Led Innovation Financial Discipline Pioneering Research Hawk-eye view to Fiscal Performance Manual Transmissions and Synchronizers Product & Application Diversity Manufacturing Excellence • RWD/ FWD Over 20 Years of manufacturin
Slide 28: Near Term Growth Outlook
Near Term Growth Outlook EV Transmission* Component Business Core Product Portfolio • We expect ramp up in production • Focus on Exports • Transfer Case: Globalization of our with several models of one of • Strengthening relationships with portfolio, evaluate manufacturing India’s preeminent EV glob
Slide 29: Long Term Growth Outlook
Long Term Growth Outlook Annual Revenue Potential • Strategy: Invest in next gen products, include additional products in driveline system, pre-development 4-Wheel Drive engagement with customers, competitiveness thru localization ~INR 300 Crores System • Focus on SUV, LCV applications in India and
Slide 30: About Divgi
About Divgi Divgi-TTs
Slide 31: Company Overview
Company Overview 1964 60+ 4 Our Valued Customers Incorporated Years of Manufacturing experience facilities Vision To be recognized as a world-class Indian brand in automotive drivetrain components and systems Strategies Product Leadership Total Income* EBITDA* PAT* • Technology-Led Innovation • Prod
Slide 32: Journey so far
Journey so far 1964 1995 2016 • Exit of BorgWarner through buy • Incorporated as Divgi Metalwares • Entered into a JV formation out of shares Private Limited agreement with BorgWarner • Investment by NRJN Family Trust 2017 2018 2019 2020 • Amalgamation of Divgi TorqTransfer • Investment by Oman Indi
Slide 33: Manufacturing Capabilities
Manufacturing Capabilities Area Located Sirsi, Uttara Kannada Dist., Shivare, Pune Dist., Bhosari, Pune, Maharashtra Shirwal, Satara Dist., Karnataka Maharashtra Maharashtra Year of Operations: 1984 1991 1996 2023 • EV Assembly • Components Precision Grinding and • Export Components Products: Honing
Slide 34: Product Portfolio
Product Portfolio Automatic/Dual Clutch Torque Transfer Systems Manual Transmissions Synchronizers EV Transmission Key Components Transmissions Category / Product ICE (4WD/AWD) ICE (Manual) ICE (Automatic) Hybrid BEV Torque Transfer Systems - - - - Manual Transmission - - - - Synchronizer Systems -
Slide 35: Product Application
Product Application 4WD/AWD Products Manual Transmissions and Synchronizers Electric Vehicle Transmission Next generation transmission products (Hybrid/Automatic) Representative Images 34
Slide 36: Marquee Customers
Marquee Customers Few clientele… 30+ 50+ 50+ 10+ 10+ 10+ Years of Years of Years of Years of Years of Years of relationship relationship relationship relationship relationship relationship MT Components, EV transmission, Transfer case Transfer Cases & EV Transmission Transfer Cases, Engine Timing Tr
Slide 37: Presence Across the World
Presence Across the World UK China Portugal Japan Korea USA Thailand Germany Mexico India Mark John Intl. Comm. Operations South Africa Indonesia Emerge as one of the fastest growing drivetrain solution companies in the world Disclaimer: This map is a generalized illustration only for the ease of th
Slide 38: Experienced Board Members
Experienced Board Members Our credible Board of Directors Praveen Kadle Chairman and Jitendra Divgi Managing Director Hirendra Divgi Executive Director Pradip Dubhashi Independent Director Independent Director Individuals of proven capability and integrity Bringing diverse competencies to the table
Slide 39: Strong Leadership Team
Strong Leadership Team Satvinder Singh Zubair Kachi Deepak Vani Sabharwal Prasanna Deshpande Chief Operating Officer & Mktg., Sales & ABD Engineering & Product Chief Growth Officer Purchase Development Jitendra Divgi Managing Director Nilesh Shukla Gopal Dalvi Mark John Sudhir Mirjankar Mfg Engineer
Slide 40: Historical Financials
Historical Financials 7 Divgi-tTs 39
Slide 41: P&L – Historical Chart
P&L – Historical Chart Total Income (Rs. In Cr.) EBITDA (Rs. In Cr.) Profit After Tax (Rs. In Cr.) 375 92 51 82 46 47 74 73 40 279 273 38 242 240 60 59 195 24 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 EBITDA (%) PAT (%) 31.0% 30.5% 29.5% 19.6% 19.1% 18
Slide 42: Financial Ratios
Financial Ratios Fixed Assets Turnover Ratio (x) Working Capital (No. of Days) 1.39 1.30 1.16 62 days 66 days 69 days 87 days 96 days 68 days 0.97 0.92 0.63 98 99 84 85 FY21 FY22 FY23 FY24 FY25 FY26 76 70 65 61 62 60 62 Leverage ratios (x) & Net Debt (Rs. In Cr.) 58 50 52 49 46 44 42 (117.9) (133.1)
Slide 43: Capex and Cash
Capex and Cash Return on Capital Employed (RoCE %)# Capital Expenditure and Cash Reserves 17.8% 18.3% IPO proceeds capex – Rs. 169.66 crores of which ~Rs. 96.92* crores already deployed 12.5% 9.3% 9.9% 311 295 5.6% 285 264 FY21 FY22 FY23 FY24 FY25 FY26 173 159 Return on Invested Capital (RoIC %) 32.
Slide 44: Historical P&L Statement
Historical P&L Statement Particulars (Rs. In Cr.) FY26 FY25 FY24 FY23 FY22 FY21 Revenue From Operations 352.9 218.9 253.4 271.0 233.8 186.6 Other Income 22.3 21.2 19.6 7.6 8.1 8.5 Total Income 375.2 240.1 273.0 278.7 241.9 195.1 Raw Materials 136.8 88.1 106.2 111.4 93.6 67.0 Gross Profit 238.4 152.0
Slide 45: Balance Sheet
Balance Sheet Particulars (Rs. In Cr.) Mar-26 Mar-25 Mar-24 Mar-23 Particulars (Rs In Cr.) Mar-26 Mar-25 Mar-24 Mar-23 Assets Equity & Liabilities Non-Current Assets Total Equity Property, plant and equipment 247.1 243.4 211.7 111.1 Equity Share Capital 15.3 15.3 15.3 15.3 Capital work-in-progress 1
Slide 46: Cashflow
Cashflow Particulars (Rs. In Cr.) Mar-26 Mar-25 Mar-24 Mar-23 Profit Before Tax 62.7 33.0 53.5 68.8 Adjustments for: Non -Cash Items / Other Investment or 9.7 5.1 0.0 6.3 Financial Items Operating profit before working capital changes 72.4 38.1 53.5 75.2 Changes in working capital (16.8) 4.0 (6.7) (
Slide 47: Contact Information
Contact Information Company : Divgi TorqTransfer Systems Limited CIN: L32201MH1964PLC013085 Mr. Aniket Kokane PRODUCT LEADERSHIP E: companysecretary@divgi-tts.com T: +91 89566 65262 LIKE NO OTHER www.divgi-tts.com Investor Relations Advisor : Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC2
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