Jk Tyre & Industries Limited · NSE:JKTYRE
Jk Tyre & Industries — Q2 FY2022 Earnings Presentation
30 slides from Jk Tyre & Industries's earnings presentation, Oct 29, 2021
Slide 1: Exchange filing letter: Earnings Presentation Q2 FY 2022
Jl(tYFpe & INDUSTRIES LTD, JKTIL:SECTL:SE:2021 Date:29tn October 2021 BSE Ltd I National Stock Exchange of lndia Ltd. Phiroze Jeejeebhoy Towers, I Exchange Plaza, C -1, Block G, Dalal Street, I Bandra -Kurla Complex, Mumbai-400001. I Bandra (E), Mumbai -400 051, Through: BSE Listing Centre I Through
Slide 2: Sustainability in Mobility - Earnings Presentation Q2 FY2022
SUSTAINABILITY IN MOBILITY EARNINGS PRESENTATION Q2 FY2022
Slide 3: Business Overview, Performance Review, Growth Strategy, Sustainability
1 Business Overview 2 Q2FY22 & H1FY22 Performance Review 3 Growth Strategy 4 Sustainability 1
Slide 4: JK Tyre at a Glance
JK Tyre at a Glance Innovation at JK Tyre 40+ 25th Years of experience in tyre Ranked top tyre company Pioneer of radial technology in India and No. 1 in Truck/Bus manufacturing in the world Radial (TBR) manufacturer State-of-the-art Centralized Tech Centre at Mysore – “Raghupati Singhania Centr
Slide 5: Global Manufacturing Platforms
Global Manufacturing Platforms India 12 Manufacturing Facilities with Annual Production Capacity of 5,75,000 Metric Tonnes (~32 million tyres) Laksar, Uttarakhand – 3 Installed Capacity Utilization Kankroli, Rajasthan – 1 (MT) Q2FY22 Consolidated 5,75,000 85% Banmore, Madhya Pradesh – 1 Annual Capac
Slide 6: Digital Marketing Initiatives
Digital Marketing Initiatives Social Media Content Marketing Google My Business 1 Consistent Social Media Presence 2 Content Oriented Digital Marketing No.1 Tyre Brand at Social Tyre Industry Highest no. of 600+ Brand Shops listed at Media in terms of Followers views at YouTube 77Mn+ Google My Busin
Slide 7: Extensive Distribution Network
Extensive Distribution Network Extensive Distribution Network India Distribution Network 6,000+ Dealers 500 Distributors 59 JK Tyres 421 JK Tyre 205 Xpress 50 JK Re-tread Tie up with 870 Fleet Operators Truck Wheels Steel Wheels Wheels centres Tie up with 3 Oil Marketing Companies Fully equi
Slide 8: Leadership Team
Leadership Team Dr. Raghupati Singhania Chairman & Managing Director Anshuman Singhania Arun K. Bajoria A. K. Kinra Sanjeev Aggarwal V. K. Misra Pravin Chaudhari Managing Director Director & President Financial Advisor CFO Technical Director ED – JK TORNEL Dr. R. Mukhopadhyay A. K. Makkar Srinivasu
Slide 9: Strong R&D Capabilities
Strong R&D Capabilities Technology – Global Tech Centre (RPSCOE): • Centralized Tech Center in Mysore, Karnataka with more than 200 R&D and Technology Scientist and Engineers in following facilities: HASETRI - Asia's first and India’s foremost highly versatile and State-of-the-art Tyre / Elastomer I
Slide 10: Innovative Products Gaining Traction
Innovative Products Gaining Traction TBR - JUH XF & JDH XF PCR – Levitas (UHP) PCR – Taximax – 1Lac km. tyre Fuel Saver Technology Design Short Braking Distance Very High Mileage & Durability Low RRC & Low Noise High cornering stability Superior Grip & Braking High Mileage Better Tra
Slide 11: Product Portfolio Differentiation
Product Portfolio Differentiation Smart Tyres Green Tyres Recently acquired smart tyre technology start-up to revolutionize “Green tyre" technology increases fuel efficiency thereby conserving Indian tyre market – First in India to launch Tyre Pressure natural resources Monitoring System (TPMS) base
Slide 12: Key Customers
Key Customers Passenger Car Tractor Truck & Bus OTR 2 Wheeler 2 Wheeler – Electric 10
Slide 13: Strengthening OEM Presence
Strengthening OEM Presence Gaining OEM footprint and volumes across segments HYUNDAI CRETA, MARUTI SUZUKI SWIFT ALCAZAR & KIA SELTOS DZIRE, SWIFT, WAGONR TVS APACHE Force Traveler TATA INTRA TATA GOLD 11
Slide 14: Key Marketing Initiatives
Key Marketing Initiatives #FutureOfDriving I JK Smart Tyre Zindagi Ke Pahiye - Youtube Campaign (The Future of Driving is here) (Record hits of over 80 Million – Highest in Tyre Industry) Hits of over 48 million in a less than 6 weeks Awarded Digital Campaign of the year by Global Digital Marketing
Slide 15: Revenue Segmentation: End User Market
Revenue Segmentation : End User Market Revenue Mix by Market – Q2FY22 Exports 18% Exports 21% India Operations Replacement Consolidated OEMs Replacement 24% 58% OEMs 58% 21% Revenue Mix by Product Line – Q2FY22 Others Others 16% 14% 2/3 Wheelers 5% 2/3 Wheelers 4% India Operations Consolidated Truck
Slide 16: Business Overview, Performance Review, Growth Strategy, Sustainability
1 Business Overview 2 Q2FY22 & H1FY22 Performance Review 3 Growth Strategy 4 Sustainability 14
Slide 17: Q2FY22 Financial Performance Highlights
Q2FY22 Financial Performance Highlights Consolidated Standalone (Rs. Crore) Q2 FY22 Q1 FY22 Q2 FY21 Q2 FY22 Q1 FY22 Q2 FY21 Turnover 2,998 2,618 2,286 2028 1734 1482 EBITDA 303 289 367 201 188 228 Margin 10.1% 11.1% 16.0% 9.9% 10.9% 15.4% PBDT (Cash Profit) 197 182 243 143 130 154 PBT 102 75 167 84
Slide 18: H1FY22 Financial Performance Highlights
H1FY22 Financial Performance Highlights Consolidated Standalone (Rs. Crore) H1 FY22 H1 FY21 % change H1 FY22 H1 FY21 % change Turnover 5,616 3,425 64% 3,762 2,283 65% EBITDA 593 370 60% 390 259 50% Margin 10.6% 10.8% (20) bps 10.4% 11.3% (90) bps PBDT (Cash Profit) 378 116 225% 273 105 161% PBT 176
Slide 19: H1 FY2022 Performance Highlights (Consolidated)
H1 FY2022 Performance Highlights (Consolidated) Improved performance in H1FY2022 Consolidated Operations 5,616 930 593 64% 96% 60% 60% Revenues (incl. exports) Exports from India EBIDTA (Rs. Crore) (Rs. Crore) (Rs. Crore) 378 109 4.58 3.3x Cash Profit (PBDT) Profit After Tax Earnings Per Share (Rs.
Slide 20: Debt Position on September 30, 2021
Debt Position on September 30, 2021 Target to reduce Long term Debt by 40% by FY2024 Net Debt (Rs. crore) Net Debt to EBITDA (Times) 5,412 4,483 4,759 5.33x 3.32x 3.03x FY2020 FY2021 H1FY22 FY2020 FY2021 H1FY22 Interest Coverage Ratio (Times) Net Debt to Equity (Times) 3.69x 2.23x 2.90x 1.61x 1.74x
Slide 21: Business Overview, Performance Review, Growth Strategy, Sustainability
1 Business Overview 2 Q2FY22 & H1FY22 Performance Review 3 Growth Strategy 4 Sustainability 19
Slide 22: Strategic Priorities
Strategic Priorities Management remains fully committed to implement its strategy to further expand its market presence and gain market share Strengthen Product Market Position Increase Global Deleverage Maximizing Portfolio across Business Balance Sheet Benefits of CIL Premiumization Segments Share
Slide 23: Business Overview, Performance Review, Growth Strategy, Sustainability
1 Business Overview 2 Q2FY22 & H1FY22 Performance Review 3 Growth Strategy 4 Sustainability 21
Slide 24: Sustainability at JK Tyre
Sustainability at JK Tyre We strengthened our ESG initiatives around 5P’s sustainability platform Productivity (Resource Conservation) People Peace & (Safety & Partnership Wellbeing) 5Ps Sustainability* Poverty Protect (Standard of (Environment) living) * Conceptualized by JK Tyre 22
Slide 25: Sustainability Initiatives at JK Tyre
Sustainability Initiatives at JK Tyre Sustainability initiatives & practices leading to resource conservation and manufacturing excellence Research & Usage of Bio sourced materials Development Led Higher usage of recycled material Product Continuous improvement in RRC ( Rolling Resistance Coef
Slide 26: Sustainability – Environment
Sustainability – Environment Safety – Reportable Incident (Nos.) Energy Consumption (GJ / Tonne) 27 22 17 11.24 10.70 10.26 10.36 6 9.50 4 2016-17 2017-18 2018-19 2019-20 2020-21 2016-17 2017-18 2018-19 2019-20 2020-21 All Plants awarded with “Sword of Honour” by British World’s Lowest energy consum
Slide 27: Sustainability – Operational Efficiencies
Sustainability – Operational Efficiencies Specific Power Consumption – Kwh / Kg Recognitions to our efforts 0.937 0.894 0.874 “Asian Manufacturing Leadership Award for 0.863 0.810 Best in class Green Manufacturing” 2016-17 2017-18 2018-19 2019-20 2020-21 Reducing Power Consumption trend every year “
Slide 28: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) Livelihood More than 1 lac people benefitted through our projects, viz., skill building, SHGs, agricultural & livestock Enhancement development etc. Adult literacy programs in remote villages (over 50,000 beneficiaries), Mysuru prisoners (over 6,000), Education
Slide 29: Disclaimer
Disclaimer This presentation has been prepared by JK Tyre & Industries Limited (the “Company” or “JK Tyres”) solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distr
Slide 30: JK Tyre & Industries Ltd. contact details
MkOrvreE= TOTAL CONTROL JK TYRE & INDUSTRIES LTD. HEAD OFFICE 3, Bahadur Shah Zafar Marg, New Delhi - 110 002 T: +91-11-66001112 © F: +91-11-23322059 REGISTERED OFFICE AND WORKS Jaykaygram, PO-Tyre Factory Kankroli - 313 342, Rajasthan T: 02952-302400/330011 « F: 02952-232018 CIN:L67120RJ1951PLC0459
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