Jamna Auto Industries Limited · NSE:JAMNAAUTO
Jamna Auto Industries — Q1 FY2017 Earnings Presentation
17 slides from Jamna Auto Industries's earnings presentation, Aug 13, 2016
Slide 1: Jamna Auto Industries Ltd. Company Profile 2016-17
Jamna Auto Industries Ltd. Company Profile 2016-17 1/17
Slide 2: Jamna Auto Industries Ltd
Jamna Auto Industries Ltd Sales FY 2015-16 = INR 1,256 Cr Q-1 2016-17 = INR 335 Cr Market INR 1,400 Cr Approx. Capitalization (Share Price INR 174.2/- as on 30.06.16) Production Existing – 180,000 MT 3rd in the World Spring Capacity Alliance r subtitle style Ridewell (USA) – Air Suspension & Lift Ax
Slide 3: Global Spring Manufacturers and Global Leaf Market Scale
Global Spring Manufacturers Global Leaf Market Scale Indian Market Scenario 1980’s Leaf Spring Manufacturer Base Country Capacity NHK Spring Co. Ltd. Japan 2,00,000 * Delphi USA 1,00,000 Eaton/Oxford Canada 1,00,000 Krupp Germany 40,000 Hendrickson USA 40,000 DSP USA 40,000 Rejna Europe 40,000 Hoesh
Slide 4: Shareholding Pattern
Shareholding Pattern Category No of shares Percentage Promoters 3,81,54,630 48% Individuals 2,55,60,668 32% NRIs/Foreign Nationals/OCBs 54,30,415 7% Bodies Corporate 45,72,360 6% Others 3405757 4% FIIs 17,43,269 2% Mutual Funds/UTI 6,34,100 0.8% r subtitle style Financial Institutions/Banks 1,35,177
Slide 5: Our Strengths
Our Strengths OEM Market Share 67% Manufacturing more than 460 Parts for OEMs Industry Leader in India - nearest competitor with little Market Share r subtitle style Strategically located all over India Q-1 FY17 Sales INR 335 Cr & Installed Capacity 180,000 MT p.a. 5/17 8/13/2016 5
Slide 6: Products
Products Conventional Leaf spring Air Suspension Parabolic Leaf Spring Lift Axle 6/18 8/13/2016 6
Slide 7: Presence
Presence Locations Products Markets Main Plants Yamuna Nagar Leaf Spring OE India Malanpur Parabolic Spring AM India Chennai: Maraimalai Nagar (Leaf Spring) Lift Axle OE – Exports Pillaipakkam (Lift Axle) Jamshedpur Air Suspension AM – Exports Pune (Plant & R&D Centre) Assembly Plants r subtitle sty
Slide 8: Customers
Customers r subtitle style 8/17 8/13/2016 8
Slide 9: OEM Plants
OEM Plants JAI &OEMs Presence in India JAI Existing Plants Ropar Pant 1. TATA Motors SML Isuzu Nagar 2. Ashok Leyland Alwar Ashok Leyland JAI – Pantnagar Lucknow TATA Motors Indore 1. VECV JAI – Yamuna Nagar 2. MTI Pithampur 1. Force Motors JAI – Gwalior AMW JAI – Jamshedpur Bhuj Jamshedpur TATA Mot
Slide 10: Project Lakshya
Project Lakshya Jai’s medium term strategy focused on value creation Product Diversifying Maximizing Derisking Markets Efficiency 33% 33% 33% Operational Revenue from Revenue from Break Even Goals New Products New Markets Point r subtitle style Financial 33% Net Block to be 33% funded by Net Goals D
Slide 11: Jamna Auto Industries Ltd Q1 Update
Jamna Auto Industries Ltd Q1 Update 2016-17 11/17
Slide 12: Financial Results – Q1 FY’17
Financial Results – Q1 FY’17 INR in Cr 2015-16 2015-16 2016-17 Growth* 12m Q1 Q1 in % Net Sales 1,255.8 290.1 335.1 16% Export Sales 10.8 2.7 2.5 -8% EBITDA 164.9 30.2 58.3 93% Operating Margin 119.7 21.9 40.9 87% PBT 105.0 18.7 39.4 110% PAT 71.5 12.8 27.4 114% Cash Accruals 116.7 21.1 44.8 112% EB
Slide 13: Financial Results – Q1 FY’17
Financial Results – Q1 FY’17 Sales Increased by 16% EBIDTA 17% in the quarter ROCE Improved ROCE to 61% -maintaining LAKSHAY target as announced in FY14 Debt Maintaining the status of virtual debt-free NW=NB Capital expenditure met out of internal cash generation Expansion Commercial production in t
Slide 14: Financial Highlights – Q1 FY’17
Financial Highlights – Q1 FY’17 Credit Ratings by ICRA: Long Term Rating AA- Short Term Rating A1+ Healthy Liquidity: As on 30.06.16 * INR in Cr Unutilized Working Capital Limits 50 (PO Finance & Cash Credit) Unutilized VFS Limits 70 Cash Balance 10 Total available 130 VFS – Vendor Finance Scheme *
Slide 15: CV Industry & JAI’s Journey
CV Industry & JAI’s Journey Q-1 Q-1 Growth in Q-1 Growth in 2015-16 2016-17 2015-16 OEMs – Commercial 1,75,960 2,11,599 20% 12% Vehicle Production (Nos.) JAI 's Net Sale 290 335 16% 15% (INR in Crore) JAI’s Market Share 64 67 5% 3% (%) Vehicle Production information source : SIAM (i.e adjusted for D
Slide 16: Borrowing Trend
Borrowing Trend INR in Cr 180.0 164.0 160.0 140.0 123.0 120.0 93.0 100.0 Long Term 71.0 105.0 80.0 62.0 Short Term (WC) 60.0 Total borrowing 10.0 11.4 40.0 18.0 10.0 20.0 0 11.4 0 0.0 0 Mar,2013 Mar,2014 Mar,2015 Mar,2016 Jun, 2016 Note: Figures shown above are excluding Vendor Financing Facility. 1
Slide 17: Thank You
Thank You 17/17
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