Bharat Forge Ltd · NSE:BHARATFORG
Bharat Forge — Investor Presentation (October 2016)
18 slides from Bharat Forge's investor presentation, October 2016
Slide 1: Investor Presentation October 2016
INVESTOR PRESENTATION October 2016 | Bharat Forge Ltd. | Pune MAKING IN INDIA FOR THE WORLD
Slide 2: Bharat Forge Limited - A Global Industrial Conglomerate
Bharat Forge Limited - A Global Industrial Conglomerate BHARAT FORGE: PROFILE GLOBAL FORGING CONGLOMERATE • Consolidated Revenues: ~ US$ 1.2 Bn Geography Capacity (TPA) • 9 Manufacturing locations across 4 countries. 403,750 • Global Marquee Customer base of more than 35 OEM’s &Tier- 1 companies acr
Slide 3: Bharat Forge Limited – Key Differentiators
Bharat Forge Limited – Key Differentiators Full service supply capability Technology & Innovation Strong focus on product innovation and cutting edge technology Development partners Relationship Leveraging relationship to expand Key in to new sectors Differentiators Strong Marquee Clientele Customer
Slide 4: Transformational Shifts around three Success Levers
Transformational Shifts around three Success Levers 1. From ‘Muscle Power’ to ‘Brain Power’ PEOPLE 2. Creating a ‘Knowledge Workforce’ 3. Modernizing ‘Technology & Operations’ TECHNO- 4. From a ‘Generic Supplier’ to a ‘Partner of LOGY Choice’ ENGINEERING 5. From an ‘Indian Company’ to a ‘Global & Co
Slide 5: Marquee Customers
Marquee Customers BHARAT FORGE MAKING IN INDIA FOR THE WORLD 5
Slide 6: Highlights : Q1 FY2017
Highlights : Q1 FY2017 Strong growth in the Maintaining a healthy New order win from Witnessing good domestic market - both balance sheet by existing customer in the progress in the Industrial and Auto generating free cash. export PV market. aerospace sector. segment witnessed On target to be net de
Slide 7: Standalone Results - Q1 FY 2017
Standalone Results - Q1 FY 2017 (INR Million) Particulars Q1 FY17 Q1 FY16 % change Shipment Tonnage 49,098 51,984 (5.6) Domestic Revenue 5,492 5,066 8.4 Export Revenue 4,079 6,795 (40.0) Total Revenue 9,571 11,861 (19.3) EBITDA 2,537 3,692 (31.3) EBITDA % 26.5% 31.1% PBT before Ex Gain/ (loss) 1,882
Slide 8: Geographical Breakup - Standalone
Geographical Breakup - Standalone Q1 FY 2017 Q1 FY 2016 2% 4% 18% 15% India India 57% Americas 43% Americas 23% Europe 38% Europe Asia-Pac Asia-Pac Particulars (INR Million) Q1 FY 2017 Q1 FY 2016 % Change India 5,492 5,066 8.4 Americas 2,149 4,467 (51.9) Europe 1,769 1,830 (3.3) Asia Pacific 161 499
Slide 9: Segmental Breakup - Standalone
Segmental Breakup - Standalone Q1 FY 2017 Q1 FY 2016 10% 8% Commercial Commercial Vehicles Vehicles 55% Industrial 41% 51% 35% Industrial Passenger Passenger Vehicles Vehicles Particulars (INR Million) Q1 FY 2017 Q1 FY 2016 % Change Commercial Vehicles 4,688 5,435 (13.7) Industrial 3,003 4,399 (31.7
Slide 10: Increasing resilience with diversification
Increasing resilience with diversification Q1 FY 2017 Q1 FY 2017 Q3 FY 2013 26.5% Q3 FY 2013 19.7% Q4 FY 2009 Q4 FY 2009 9.6% 20.6% 14.6% -0.8% EBITDA MARGINS PBT MARGINS Q4 FY 2009 Q4 FY 2009 10.1% 0.99 Q3 FY 2013 Q3 FY 2013 5.4% 0.55 Q1 FY 2017 Q1 FY 2017 1.8% 0.19 INTEREST COSTS (%) D/E (NET) RAT
Slide 11: Segmental Diversification
Segmental Diversification YEAR YEAR YEAR YEAR YEAR SECTOR DE RISKED BUSINESS MODEL 2001 2004 2012 2015 2017 TRUCK PASSENGER CAR GEOGRAPHICAL DIVERSIFICATION CONSTRUCTION MINING SECTOR DIVERSIFICATION AGRICULTURE OIL & GAS PRODUCT EXPANSION AEROSPACE 30,000 Revenue Development Exports (INR Million) 2
Slide 12: Industrial sector business : De-risking
Industrial sector business : De-risking • Focusing on further diversifying the industrial business and increase presence in the non- commodity related sectors. • Broaden scope of product offering to sectors which are have a long business cycle. • Redeploying the assets, both human and capital which
Slide 13: AEROSPACE – Key focus area
AEROSPACE – Key focus area • One of the very few auto comp suppliers who have made the transition to supplying in to critical aerospace sector • Achieved NADCAP certificate in 2011 at the first attempt • Leveraged existing assets to address the aerospace opportunity • Continuing to focus on developm
Slide 14: Growth Drivers
Growth Drivers Continued focus on From an product innovation, new Engine/Chassis technology and advanced Supplier manufacturing Powertrain solutions provider TRANSITION INNOVATE DIVERSIFY DE-RISK Broaden scope of Increase value content product offering to per equipment by sectors having a long lev
Slide 15: Asset Light Capex: Changing the Approach
Asset Light Capex: Changing the Approach CUSTOMER PRODUCT CAPEX PEOPLE PRODUCT CAPEX PEOPLE CUSTOMER MAKING IN INDIA FOR THE WORLD 15
Slide 16: State of Markets
State of Markets Particulars INDIA NORTH AMERICA EUROPE Commercial Vehicles Passenger Vehicles – High End Passenger Vehicles – Mass Market Oil & Gas Construction Mining Aerospace Power (Renewable & Thermal) MAKING IN INDIA FOR THE WORLD 16
Slide 17: Disclaimer
Disclaimer This presentation contains certain forward looking statements concerning Bharat Forge’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statemen
Slide 18: Thank You
/ <— BHARAT FORGE Nw KALYANI THANK YOU