Slide 1: Investor Presentation May 2017
KT) GROWING TOGETHER Investor Presentation May 2017 > f / ™ - | . =< ’ 7 *! 1 f , SO HW ia AAT f » ‘ ,. . ay Aw ; ~ * an a 2 » . \ ‘ a ‘ “) » 4 ,
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Balkrishna Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Our Performance
BK’T, GROWING TOGETHER Our Performance
Slide 4: Our Focus Area
Our Focus Area Utilization Increase Production from Bhuj and other plants so as to attain higher Utilization levels and faster return on Investments Penetration Penetrate deeper within existing Sales Channels as well increase footprint across Geographies in all product categories and gain market sha
Slide 5: Performance Snapshot
Performance Snapshot Volume Growth FY17 Volume growth at 17% 61% YoY to 172,419 MT while for Q4FY17 growth was 14% 32% Margin Profile EBITDA margin for FY17 was 32.1% while for Q4FY17 was 17% 28.4% Profitability FY17 PAT at Rs. 717 Cr with a growth of 61% YoY while for Q4FY17 PAT was Rs. 137 Cr Volu
Slide 6: Consolidated Financial Results as per IND-AS
Consolidated Financial Results as per IND-AS Standalone Consolidated Particulars (Rs.Crs) Q4FY17 Q4FY16 YoY % FY17 FY16 YoY % Sales (MT) 46,149 40,438 14% 172,149 147,535 17% Revenue from Operations 1,003 870 3,784 3,289 Realized Gain on Foreign Exchange 46 146 122 285 Total Income 1,049 1,017 3% 3,
Slide 7: Consolidated Balance Sheet as per IND-AS
Consolidated Balance Sheet as per IND-AS Particulars (Rs. Crs.) March'17 March'16 Particulars (Rs. Crs.) March'17 March'16 ASSETS EQUITY AND LIABILITIES Non-current assets 4,043 3,833 EQUITY 3,543 2,775 Property, Plant and Equipment 2,837 2,855 Equity Share Capital 19 19 Capital work-in-progress 110
Slide 8: Reconciliation as per I-GAAP
Reconciliation as per I-GAAP Standalone Consolidated Particulars (Rs. Crs) Q4FY16 FY16 Net Profit for the period as per Indian GAAP 155 576 Accounting for Derivatives and foreign exchange differences -40 -147 Fair value measurement of Investments 12 -16 Other adjustments -4 -21 Deferred tax on Ind -
Slide 9: Other Income and Net Forex Gain/(Loss)
Other Income and Net Forex Gain/(Loss) Standalone Consolidated Particulars (Rs. Crs) Q4FY17 Q4FY16 FY17 FY16 Exchange Difference Gain 43 32 124 65 Others 19 39 130 109 Total Other Income 62 71 254 174 Standalone Consolidated Particulars (Rs. Crs) Q4FY17 Q4FY16 FY17 FY16 Foreign Exchange Fluctuation
Slide 10: Cash Holdings / Long Term Debt Profile
Long Term Debt Profile 1,724 In Rs. Cr 40 13 3 Long Term Debt -340 -369 18 810 -238 -41 Mar-15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Current Long term Debt 153 1,346 175 180 Cash Holdings 149 -47 875 -71 112 -180 Mar-15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Curren
Slide 11: Sales Profile
Sales Profile In MT FY18 Volume Guidance at 185,000MT – 190,000 MT +17% 172,149 154,156 147,535 142,810 FY14 FY15 FY16* FY17* FY18E * AS per IND-AS 11
Slide 12: BKT - A Strong Indian Brand
BK /T GROWING TOGETHER BKT - A Strong Indian Brand 12
Slide 13: Balkrishna Industries – A snapshot
Balkrishna Industries – A snapshot Leading ‘Off-Highway Tire” Exporter BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market Wide and comprehensive product portfolio Deep understanding of OHT market has led to capabilities to manufacture over 2,400 SKU Capacities Achievable cap
Slide 14: Our Strong Evolution
Our Strong Evolution 2009 Crossed Rs. 1000cr Turnover India’s Largest Off-Highway Tire Manufacturer 14
Slide 15: India Production with Global Sales – An Indian MNC
India Production with Global Sales – An Indian MNC Aurangabad, Maharashtra Bhiwadi, Rajasthan Chopanki, Rajasthan Our India – Our Bhuj, Tyre plants Gujarat Manufacturing base 15
Slide 16: Serving Global OEMs
BK /T Serving Global OEMs anowne ToamTian @e A.acco Your Agriculture Company JOHN DEERE SAME ans =~ EB ae or were \ HAMM Kiybota. sera CASE fit AGRICULTURE KALMAR CARGOTEC 16
Slide 17: R&D and Branding strengthening BKT Brand
R&D and Branding strengthening BKT Brand Exclusive Sponsor of Monster Continuous Investments to evolve Jam Event in USA Showcases robustness and Strong R&D Team performance of Tires BKT R&D BRAND Branding Design & produce over 100 Frequent participation in global SKUs annually trade fairs and exhibi
Slide 18: Application of our Tires
Application of our Tires Agriculture Tires Cotton Pick Harvester Tractor Vineyard Harvester Pivot Irrigator Industrial Tires Loader Regular Dumper Trailer OTR Tires Load Haul Dump Underground Mining Container Handler 18
Slide 19: BKT Brand Ambassador
BKT Brand Ambassador To help strengthen Brand BKT in India Markets 19
Slide 20: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Balkrishna Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L99999MH1961PLC012185 CIN - U74140MH2010PTC204285 Mr. B K Bansal, Director - Finance Mr. Shogun Jain / Ms. Payal Dave bkbansal@bkt-tires.com shogun.ja