India Nippon Electricals Limited · NSE:INDNIPPON
India Nippon Electricals — Q3/9M-FY25 Earnings Presentation
22 slides from India Nippon Electricals's earnings presentation, Feb 17, 2025
Slide 1: Exchange filing cover letter: Investor Presentation
February 17, 2025 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (East), Mumbai – 400 051 Mumbai - 400 001 Symbol: INDNIPPON Scrip: 532240 Dear Sir/ Madam, Sub: Investor Presentation Pursuant to Re
Slide 2: Earnings Presentation Q3/9M-FY25
EA R N I N G S P R ES E N TAT I O N Q3/9M-FY25
Slide 3: Snapshot
SNAPSHOT 39 Years 3 1 Tier 1 1,605+ Of State-of-art Supplier to Major Employees Experience Manufacturing Auto OEM’s Plants Research Center INR 30%+ 14.59% 15,966 Mn Consistent Debt Free 3 Year Revenue CAGR Market Cap Dividend Payout track record 2 EARNINGS PRESENTATION
Slide 4: Company Overview
COMPANY OVERVIEW ▪ India Nippon Electricals Limited (INEL) was incorporated in 1984 and owned by Lucas Indian Service Limited, a wholly- Revenue (INR Mn) & EBITDA Margins (%) owned subsidiary of Lucas-TVS Limited to manufacture electronic ignition systems for two-wheelers, three-wheelers and portabl
Slide 5: Geographical Presence
GEOGRAPHICAL PRESENCE INDIA ▪ USA ▪ ITALY FY24 Revenue Split ▪ CHINA 5% ▪ SLOVENIA ▪ TURKEY ▪ VIETNAM ▪ THAILAND ▪ JAPAN ▪ NEPAL ▪ SRI LANKA ▪ BANGLADESH 95% ▪ AFRICA Domestic Export 4 EARNINGS PRESENTATION
Slide 6: Key Clientele
KEY CLIENTELE *Logos are meant for representative purposes only 5 EARNINGS PRESENTATION
Slide 7: Product Portfolio
PRODUCT PORTFOLIO Electronic Ignition Controllers Sensors Electric Vehicles Aftermarket System It is a modern automotive It refers to the various It is the collection of various Recently established world-class A dedicated team is focusing on ignition system that replaces the electronic control unit
Slide 8: 2W Electric Vehicles
2W ELECTRIC VEHICLES Traction Motor Traction motors are powered by electricity and generate the power to rotate the wheels. Traction motors are typically mounted in the trucks where the wheels are housed. Cluster Motor Controller It refers to the instrument cluster or dashboard panel found on a two-
Slide 9: Strategic Overview
Strategic Overview
Slide 10: Key Strengths
KEY STRENGTHS Strong Client base Thrust On Technology Organizational Agility Offers wide range of Strong Customer Focus Stringent Manufacturing Practices Value Addition products 9 EARNINGS PRESENTATION
Slide 11: Future Growth Strategies
FUTURE GROWTH STRATEGIES Capitalizing on Core Business Advancing Aftermarket Business Focused on exploiting the opportunities presented within core A dedicated team and several measures are taken to strengthen product business by introducing new products for two & three-wheelers. range and distribut
Slide 12: Financial Overview
Financial Overview
Slide 13: Q3/9M-FY25 Financial Highlights
Q3/9M-FY25 FINANCIAL HIGHLIGHTS Q3-FY25 Consolidated Financial Performance 9M-FY25 Consolidated Financial Performance INR 2,147 Mn INR 262 Mn 12.20% INR 6,111 Mn INR 672 Mn 11.00% Revenue from EBITDA EBITDA Margin Revenue from EBITDA EBITDA Margin Operations Operations INR 160 Mn 7.45% INR 7.06/shar
Slide 14: Operational Highlights
OPERATIONAL HIGHLIGHTS • Sales recorded a strong year-over-year growth of 20% in Q3 FY25 and 16% in 9M FY25, outperforming the industry's 15% growth. • Sales growth driven by increase in urban demand for festivals and healthy monsoon precipitation. However, delayed harvest payment dampened rural dem
Slide 15: Quarterly Consolidated Income Statement
QUARTERLY CONSOLIDATED INCOME STATEMENT Particulars (INR in Mn) Q3-FY25 Q3-FY24 Y-o-Y Q2-FY25 Q-o-Q Revenue from Operations 2,147 1,789 20.0% 2,099 2.3% Operating Expenses 1,885 1,637 15.1% 1,859 1.4% EBITDA 262 152 72.4% 240 9.2% EBITDA Margins (%) 12.20% 8.50% 370 Bps 11.43% 77 Bps Depreciation 65
Slide 16: YTD Consolidated Financial Performance
YTD CONSOLIDATED FINANCIAL PERFORMANCE Particulars (INR in Mn) 9M-FY25 9M-FY24 Y-o-Y Revenue from Operations 6,111 5,284 15.7% Operating Expenses 5,439 4,836 12.5% EBITDA 672 448 50.0% EBITDA Margins (%) 11.00% 8.48% 252 Bps Depreciation 142 113 25.7% Finance Cost 3 3 NA Other Income 203 166 22.3% P
Slide 17: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Particulars (INR in Mn) FY21 FY22 FY23 FY24 9M-FY25 Revenue from Operations 4,812 5,663 6,563 7,241 6,111 Operating Expenses 4,349 5,166 6,035 6,577 5,439 EBITDA 463 497 528 664 672 EBITDA Margins (%) 9.63% 8.78% 8.05% 9.17% 11.00% Depreciation 103 129 146 151 142 Finan
Slide 18: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (INR Mn) FY23 FY24 H1-FY25 Particulars (INR Mn) FY23 FY24 H1-FY25 EQUITY AND LIABILITIES ASSETS Equity Share Capital 113 113 113 Non-Current Assets Other Equity 5,490 6,120 6,542 Property, Plant and Equipment 1,211 1,312 1,352 Shareholders Fund 5,603 6,233 6,65
Slide 19: Financial Graphs
FINANCIAL GRAPHS Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) 7,241 593 6,563 664 672 6,111 553 5,663 503 482 528 4,812 497 463 396 11.00% 9.63% 9.17% 8.88% 9.05% 8.78% 8.05% 8.23% 8.19% 7.34% FY21 FY22 FY23 FY24 9M-FY25 FY21 FY22 FY23 FY24 9M-FY25 FY21 FY22 FY2
Slide 20: Capital Market Data
CAPITAL MARKET DATA 1 Year Stock Performance (up to 31st December, 2024) 60% Dividend Payout (%) 50% 40% 39.1% 35.1% 36.7% 30% 32.0% 33.3% 33.3% 20% 10% 0% -10% Jan/24 Feb/24 Mar/24 Apr/24 May/24 Jun/24 Jul/24 Aug/24 Sep/24 Oct/24 Nov/24 Dec/24 India Nippon Electricals Limited Sensex FY19 FY20 FY21
Slide 21: Disclaimer
DISCLAIMER India Nippon Electricals Limited (INEL Disclaimer) No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and
Slide 22: Thank You
Thank You
India Nippon Electricals — Q3/9M-FY25 Earnings Presentation on 6ix