Samvardhana Motherson International Limited · NSE:MOTHERSON

Samvardhana Motherson International — Motherson Sumi Systems — Q3 FY2021 Earnings Presentation

29 slides from Samvardhana Motherson International's earnings presentation, Feb 12, 2021

  1. Slide 1: Exchange filing cover letter for Q3 results

    motherson 111 Motherson Sumi Systems Limited Head Office: C-14 A & B, Sector 1, Naida-201301 Distt. Gautam Budh Na gar, U.P. India Tel: +91-120-6752100, 6752278, Fax: +91-120-2521866, 2521966, Website: www.motherson.com February 12,2021 National Stock Exchange oflndia Limited BSE Limited Exchange Pl

  2. Slide 2: Motherson Sumi Systems Ltd. Financial Performance Q3 FY 2020-21

    Proud to be part of. Motherson Sumi Systems Ltd. (MSSL) Financial Performance Q3 FY 2020-21

  3. Slide 3: Agenda

    • Key Highlights • Results Q3 FY20 vs Q3 FY21 • Debt status • Results 9M FY20 vs 9M FY21 • Status of reorganisation • Appendix : Financial Highlights- • DWH • Subsidiaries / JVs of SAMIL

  4. Slide 4: Highlights Q3FY21

    Highlights Q3FY21. Historic high for Motherson Sumi Systems Ltd., Quarterly Revenues cross Rs. 17,500 crore mark for the first time ever, PAT is up by 194% Financial Highlights Operational Highlights Other Highlights Consolidated • Highest ever quarterly revenues of Rs. 17,923 crores, up by 15% • Op

  5. Slide 5: Results Q3 FY20 vs Q3 FY21

    • Key Highlights • Results Q3 FY20 vs Q3 FY21 • Debt status • Results 9M FY20 vs 9M FY21 • Status of reorganisation • Appendix : Financial Highlights- • DWH • Subsidiaries / JVs of SAMIL

  6. Slide 6: MSSL Consolidated: Q3FY20 vs Q3FY21

    MSSL Consolidated : Q3FY20 vs Q3FY21. (Rs in Crores) Revenues. 17,923 EBITDA. 15,551 11.4% 60. 0% 50. 0% 15% 56% 8.4% 40. 0% 2,041 30. 0% 1,309 20. 0% 10. 0% 0. 0% Q3 FY 2019-20 Q3 FY 2020-21 Q3 FY 2019-20 Q3 FY 2020-21 PBT. PAT (Concern Share). (before exceptional items) 1,175 166% 194% 441 798 271

  7. Slide 7: MSSL Standalone: Q3FY20 vs Q3FY21

    MSSL Standalone : Q3FY20 vs Q3FY21. (Rs in Crores) 43. 0% 2,069 Revenues. EBITDA. 38. 0% 1,626 33. 0% 27% 18.4% 39% 28. 0% 16.9% 23. 0% 381 274 18. 0% 13. 0% Q3 FY 2019-20 Q3 FY 2020-21 Q3 FY 2019-20 Q3 FY 2020-21 PBT. PAT. (before exceptional items) 52% 249 49% 314 167 207 Q3 FY 2019-20 Q3 FY 2020-

  8. Slide 8: DWH: Q3FY20 vs Q3FY21

    DWH: Q3FY20 vs Q3FY21. (Rs in Crores) 16. 0% Revenues. EBITDA. 15.0% 15. 0% 1,343 13.4% 202 14. 0% 44% 13. 0% 62% 935 125 12. 0% 11. 0% 194 10. 0% 120 9. 0% 8. 0% Q3 FY 2019-20 Q3 FY 2020-21 Q3 FY 2019-20 Q3 FY 2020-21 Adjusted Reported Adjusted % to revenue PBT. 188 PAT. 20 0 (before exceptional it

  9. Slide 9: SMRPBV (In Euro Terms): Q3FY20 vs Q3FY21

    SMRPBV (In Euro Terms) : Q3FY20 vs Q3FY21. (In Million Euros) Revenues. EBITDA. € 1,403 € 1,450 10.1% 3% 80. 0% 69% 70. 0% 60. 0% 6.2% € 147 50. 0% 40. 0% € 87 30. 0% 20. 0% 10. 0% 0. 0% Q3 FY 2019-20 Q3 FY 2020-21 Q3 FY 2019-20 Q3 FY 2020-21 PBT. PAT (Concern Share). (before exceptional items) € 77

  10. Slide 10: SMR & SMP (In Euro Terms): Q3FY20 vs Q3FY21

    SMR & SMP (In Euro Terms) : Q3FY20 vs Q3FY21. (In Million Euros) SMR Revenues. SMR EBITDA. 13.2% €379 26. 0% €385 24% 25. 0% 24. 0% 10.8% 23. 0% 22. 0% 21. 0% € 51 20. 0% 2% 19. 0% 18. 0% 17. 0% 16. 0% 15. 0% € 41 14. 0% 13. 0% 12. 0% 11. 0% 10. 0% 9. 0% 8. 0% 7. 0% 6. 0% 5. 0% 4. 0% 3. 0% 2. 0% 1.

  11. Slide 11: PKC (In Euro Terms): Q3FY20 vs Q3FY21

    PKC (In Euro Terms) : Q3FY20 vs Q3FY21. (In Million Euros) Revenues. EBITDA. € 286 € 286 9.8% 9.4% € 28 € 27 Q3 FY 2019-20 Q3 FY 2020-21 Q3 FY 2019-20 Q3 FY 2020-21 PBT. PAT (Concern Share). € 17 € 15 € 14 € 13 Q3 FY 2019-20 Q3 FY 2020-21 Q3 FY 2019-20 Q3 FY 2020-21 10 10

  12. Slide 12: Debt status

    • Key Highlights • Results Q3 FY20 vs Q3 FY21 • Debt status • Results 9M FY20 vs 9M FY21 • Status of reorganisation • Appendix : Financial Highlights- • DWH • Subsidiaries / JVs of SAMIL

  13. Slide 13: Net Debt

    A. Net Debt. 31.03.2020 30.09.2020 31.12.2020 Rs. In Crores Standalone Consolidated Standalone Consolidated Standalone Consolidated Gross Debt 1,419 11,790 4,763 13,118 4,639 11,292 Cash & Bank 230 4,873 1,235 5,606 245 5,086 Net Debt 1,189 6,917 3,528 7,512 4,394 6,206 Standalone Consolidated 7,512

  14. Slide 14: Results 9M FY20 vs 9M FY21

    • Key Highlights • Results Q3 FY20 vs Q3 FY21 • Debt status • Results 9M FY20 vs 9M FY21 • Status of reorganisation • Appendix : Financial Highlights- Subsidiaries / JVs of SAMIL

  15. Slide 15: MSSL Consolidated: 9MFY20 vs 9MFY21

    MSSL Consolidated : 9MFY20 vs 9MFY21. (Rs in Crores) Revenues. EBITDA. 48,070 41,911 8.3% 12. 0% 7.2% 10. 0% 4,002 8. 0% 3,009 6. 0% 4. 0% 2. 0% 9M FY 2019-20 9M FY 2020-21 9M FY 2019-20 9M FY 2020-21 PBT. PAT (Concern Share). (before exceptional items) 1,580 987 -70% -67% Exceptional costs 470 362

  16. Slide 16: MSSL Standalone: 9MFY20 vs 9MFY21

    MSSL Standalone : 9MFY20 vs 9MFY21. (Rs in Crores) Revenues. EBITDA. 30. 0% 5,094 16.9% 25. 0% 4,214 13.2% 20. 0% 862 15. 0% 557 10. 0% 5. 0% 9M FY 2019-20 9M FY 2020-21 9M FY 2019-20 9M FY 2020-21 PBT. PAT (before exceptional items) -46% 674 -48% 513 349 291 513 15 Exceptional costs 276 PAT 9M FY 2

  17. Slide 17: SMRPBV (In Euro Terms): 9MFY20 vs 9MFY21

    SMRPBV (In Euro Terms) : 9MFY20 vs 9MFY21. (In Million Euros) Revenues. EBITDA. € 4,292 € 3,445 5.7% 6. 0% 5.9% 5. 9% 5. 9% 5. 8% € 243 5. 8% € 203 5. 7% % of Revenue 5. 7% 5. 6% 5. 6% 5. 5% 9M FY 2019-20 9M FY 2020-21 9M FY 2019-20 9M FY 2020-21 PBT. PAT (Concern Share). (before exceptional items)

  18. Slide 18: SMR & SMP (In Euro Terms): 9MFY20 vs 9MFY21

    SMR & SMP (In Euro Terms) : 9MFY20 vs 9MFY21. (In Million Euros) SMR Revenues. SMR EBITDA. €1,172 €915 11.2% 11. 4% 10.2% 11. 2% 11. 0% 10. 8% € 131 € 93 10. 6% 10. 4% 10. 2% 10. 0% 9. 8% 9. 6% 9M FY 2019-20 9M FY 2020-21 9M FY 2019-20 9M FY 2020-21 SMP Revenues. SMP EBITDA. € 3,119 3.9% 4.8% 14.0%

  19. Slide 19: PKC (In Euro Terms): 9MFY20 vs 9MFY21

    PKC (In Euro Terms) : 9MFY20 vs 9MFY21. (In Million Euros) Revenues**. EBITDA. € 924 € 724 10.7% 5.9% € 99 % of Revenue € 43 9M FY 2019-20 9M FY 2020-21 9M FY 2019-20 9M FY 2020-21 PBT. PAT (Concern Share). € 63 € 50 €7 €4 9M FY 2019-20 9M FY 2020-21 9M FY 2019-20 9M FY 2020-21 18 18

  20. Slide 20: Reference Rates, Notes & Safe Harbor

    Reference Rates, Notes & Safe Harbor. Copper Rates. Notes. Average Q3 2019-20 Q3 2020-21 % Change 1. This presentation has been prepared from the unaudited financial results for the quarter LME Copper (USD / MT ) 5,888 7,174 21.8% ended on 31st December 2020. Explanatory notes have been added with a

  21. Slide 21: Status of reorganisation

    • Key Highlights • Results Q3 FY20 vs Q3 FY21 • Debt status • Results 9M FY20 vs 9M FY21 • Status of reorganisation • Appendix : Financial Highlights- • DWH • Subsidiaries / JVs of SAMIL

  22. Slide 22: Scheme Execution Progressing

    Scheme Execution Progressing M o n t h s Jul Jan Aug Sep Oct Nov Dec Feb Mar Apr May Jun Jul Aug 2020 2021 Board Approval Expected now in mid Filing of scheme with BSE, NSE, SEBI April, running slightly Scheme uploaded on websites of BSE & NSE behind originally expected schedule Receipt of BSE, NSE,

  23. Slide 23: Appendix: Financial Highlights - DWH

    • Key Highlights • Results Q3 FY20 vs Q3 FY21 • Debt status • Results 9M FY20 vs 9M FY21 • Status of reorganisation • Appendix : Financial Highlights- • DWH • Subsidiaries / JVs of SAMIL

  24. Slide 24: DWH: Income statement

    DWH: Income statement (Rs in Crores) Q3 FY 2019-20 Q3 FY 2020-21 Remark Management DWH Management DWHU DWHU DWH adjusted adjustment adjusted adjustment (a) (b) (c=a+b) (a) (b) (c=a+b) Managemet Managemet Reported Reported adjustment adjustment Revenue from contract with customers 935 935 1,343 1,343

  25. Slide 25: Ex-DWH: Income statement

    Ex - DWH: Income statement (Rs in Crores) Q3 FY 2019-20 Q3 FY 2020-21 MSSL SA MSSL SA Remark MSSL SA Management MSSL SA Management Ex DWH Ex DWH Ex DWHU adjustment Ex DWHU adjustment adjusted adjusted (a) (b) (c=a-b) (a) (b) (c=a-b) Managemet Managemet Reported Reported adjustment adjustment Revenue

  26. Slide 26: Subsidiaries / JVs of SAMIL

    • Key Highlights • Results Q3 FY20 vs Q3 FY21 • Debt status • Results 9M FY20 vs 9M FY21 • Status of reorganisation • Appendix : Financial Highlights- • DWH • Subsidiaries / JVs of SAMIL

  27. Slide 27: SAMIL Key Highlights

    SAMIL Key Highlights. Operational Highlights • Strong improvement in revenue and profitability as compared to Q2 FY 21 • For Q3 FY 21 , both revenue and EBITDA on a run rate basis better than FY 20 numbers • Gross and Net Debt for the period ended 31st March 2020 ,30th September 2020 and 31st Decemb

  28. Slide 28: Proforma Financials

    Proforma Financials. * 3 SAMIL Business (ex MSSL ex.SMRP BV) (Rs in Crores) Revenue EBITDA Net Debt 2,800 1,297 1,278 1,351 1,192 Aggregate 372 Basis 787 675 289 89 114 FY 20 Q1FY21 Q2FY21 Q3FY21 -12 FY 20 Q1FY21 Q2FY21 Q3FY21 FY 20 Q1FY21 Q2FY21 Q3FY21 2,044 1,233 1,219 1,320 1,163 252 Proportionat

  29. Slide 29: Thank you

    Thank you. Safe harbor The contents of this presentation are for informational purposes only and for the reader’s personal non-commercial use. The contents are intended, but not guaranteed, to be correct, complete, or absolutely accurate. This presentation may contain forward-looking statements base

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