Gabriel India Limited · NSE:GABRIEL
Gabriel India — Q3 FY2020 Earnings Presentation
22 slides from Gabriel India's earnings presentation, February 2020
Slide 1: Gabriel India Ltd Result Update Presentation Q3 & 9M FY20
Successful Growth Gabriel India Ltd Quality Result Update Presentation Q3 & 9M FY20 Research & Development Customer Relationships
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), has been prepared by Gabriel India Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form t
Slide 3: Financial Highlights – For 9M FY20
Financial Highlights – For 9M FY20 Cash Flow From Operations Cash flow from operations to the tune of Rs. 1,106 Mn in 9M FY20 as compared to Rs. 694 Mn in 9M FY19 PAT PAT of Rs. 581 Mn in 9M FY20 compared to Rs. 777 Mn in 9M FY19; PAT Margin of 4.0% EBITDA EBITDA of Rs. 1,047 Mn in 9M FY20 compared
Slide 4: Profit and Loss Statement
Profit and Loss Statement Particulars (Rs. Mn) Q3 FY20 % of Rev Q3 FY19 % of Rev YoY Q2 FY20 % of Rev QoQ Revenue from Operations 4,555 100.0% 5,100 100.0% -10.7% 4,727 100.0% -3.6% Raw Material 3,321 72.9% 3,705 72.7% 3,538 74.9% Employee Expenses 404 8.9% 378 7.4% 389 8.2% Other Expenses 508 11.1%
Slide 5: Profit and Loss Statement
Profit and Loss Statement Particulars (Rs. Mn) 9M FY20 % of Rev 9M FY19 % of Rev YoY Revenue from Operations 14,453 100.0% 15,662 100.0% -7.7% Raw Material 10,655 73.7% 11,297 72.1% Employee Expenses 1,198 8.3% 1,166 7.4% Other Expenses 1,553 10.7% 1,763 11.3% EBITDA 1,047 7.2% 1,435 9.2% -27.0% Oth
Slide 6: Revenue Mix
Revenue Mix Segment – Mix Channel – Mix 3.5% 3.8% 3.8% 2.2% 5.0% 1.9% 13.0% 13.6% 13.8% 12.0% 13.4% 12.0% 11.0% 12.9% 13.2% 11.1% 11.1% 12.1% 19.9% 21.9% 24.2% 24.8% 22.6% 31.3% 85.5% 85.1% 85.2% 84.9% 83.9% 84.9% 68.1% 64.0% 66.1% 62.1% 61.4% 55.6% FY18 FY19 9MFY19 9MFY20 Q3FY19 Q3FY20 FY18 FY19 9M
Slide 7: Quarterly Performance Trend
Quarterly Performance Trend Revenue EBITDA PAT 942 950 1,713 1,778 20,765 827 173 18,331 343 257 1,462 5103 465 226 15,206 221 Q4 4968 375 430 215 3882 5100 402 187 4555 176 Q3 4471 351 322 289 3721 515 5416 455 266 185 Q2 4727 313 213 4717 383 3919 Q1 490 267 221 4176 5146 5171 353 390 412 201 204
Slide 8: Balance Sheet
Balance Sheet ASSETS (Rs. Mn.) Sep-19 Mar-19 EQUITY AND LIABILITIES (Rs. Mn.) Sep-19 Mar-19 Non-current assets 4,067 3,970 EQUITY 6,130 5,900 Property, Plant and Equipment 2,862 2,955 Capital work-in-progress 707 538 Equity Share Capital 144 144 Investment Property 22 22 Other Equity 5,986 5,756 Int
Slide 9: Key Ratios
Key Ratios D:E Ratio (x) ROIC* (%) 33.2% 0.31 29.1% 27.8% 27.7% 26.7% 0.23 21.9% 19.9% 18.0% 0.04 0.03 0.02 0.02 0.01 0.01 FY13 FY14 FY15 FY16 FY17 FY18 FY19 H1 FY20 FY13 FY14 FY15 FY16 FY17 FY18 FY19 H1 FY20 * Invested capital excluding Cash & Bank balances, Mutual Fund investments and returns ther
Slide 10: Cash Flows
Cash Flows PARTICULARS (Rs. Mn) H1 FY20 H1 FY19 Net Profit Before Tax 540 823 Operating Profit before Working Capital changes 738 977 Cash Generated from Operations 780 544 Direct taxes paid (net of refund) -139 -188 Net Cash Flow from Operating Activities (A) 641 356 Net Cash Flow from Investing Ac
Slide 11: "Great Place to Work"
“Great Place to Work” 2019 ▪ Rank #90 among Top 100 Companies to work for in India ▪ Rank #89 among Top 100 Companies to 2018 work for in India ▪ Ranked in Top 25 workplaces in manufacturing in India ▪ Ranked #2 in Auto & Auto Component 2017 Industry ▪ Rank #52 among Top 100 Companies to work for in
Slide 12: Awards / Accolades
AWARDS / ACCOLADES Gabriel Chakan won par excellence award in NCQC Gabriel Chakan won Toyota Quality Circle Award at and qualified for ICQC to be held in 2020 Regional Level 12
Slide 13: Business Overview
GABRIEL Business Overview l 13 ACYM —awsysco (7 Faurecia — orscena GABRIEL Halex Henkel power @orson MIAHLE Pando > E> seicen UJA Valeo
Slide 14: Company at a Glance
Company at a Glance Incorporated The company, Gabriel India, in 1961 Experienced & Professional Management Pioneers of Shock Absorber manufacturing in India Innovation Strong R&D with over 75 patents filed in Products & Processes Only Player Present in all Segment 2/3 Wheelers, Passenger Cars and Co
Slide 15: Pioneer of Ride Control Products…
Pioneer of Ride Control Products… 2/3 Wheeler Passenger Car CV & Railways Front Forks Cartridges Shock Absorbers Hydraulic Shock Gas Shock Cabin Dampers Absorbers Absorbers Gas Shock McPherson Seat Dampers Absorbers Struts After Market across all segments 15
Slide 16: …with Diversified Revenue
…with Diversified Revenue Revenue (Rs. Mn) Segment Mix: 9M FY20 2/3 Wheelers 20,765 68.1% 18,331 15,206 14,355 14,305 14,453 12,813 Passenger Commercial cars Vehicles 19.9% 12.0% Channel Mix: 9M FY20 OE, 84.9% FY14 FY15 FY16 FY17 FY18 FY19 9M FY20 Aftermarket , 12.9% Exports, Note: Data from FY17 on
Slide 17: Strategic Manufacturing Footprint
Strategic Manufacturing Footprint Ashok Leyland SML Isuzu Tata Motors Auto OEMs Honda Cars Honda Motorcycles TVS Motors GIL Plants ICML Yamaha India Maruti Suzuki Parwanoo GIL Satellite Locations Suzuki Motorcycles Manesar Khandsa Hero MotoCorp MG Motors Tata Motors Sanand Dewas Tata Motors Honda Mo
Slide 18: Strategy Going Ahead
Strategy Going Ahead 18
Slide 19: Strategic Business Unit Approach
Strategic Business Unit Approach 2/3 Wheeler Passenger Car • Quality & Process • Product Innovation Technology • Improving Market Share • Capacity Enhancement 01 04 02 03 CV & Railways Aftermarket • Product Development • Product Technology • Expanding Reach • New Product Devolvement To derive benefi
Slide 20: SBU Wise – Key Customers
SBU Wise – Key Customers 2/3 Wheeler Passenger Car CV & Railways 20
Slide 21: Key Drivers for Growth
Key Drivers for Growth • Exports Focus • Inorganic Growth • Global Manufacturing Footprint Sales Growth • Customer Focus • Debt Reduction • Break Even Point (BEP) Reduction Efficiency Technology & Improvement • Simplification of Innovation Parts • Improvement in quality • Automation • R & D Focus .
Slide 22: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : Gabriel India Ltd. Strategic Growth Advisors Pvt. Ltd. CIN : L34101PN1961PLC015735 CIN : U74140MH2010PTC204285 Mr. Rishi Luharuka Mr. Varun Divadkar / Mr. Jigar Kavaiya Rishi.luharuka@gabriel.co.in varun.divadkar@sgapl.