Slide 1: Bharat Forge Ltd Analyst Update – Q1FY23
BHARAT FORGE LTD ANALYST UPDATE – Q1FY23
Slide 2: Analyst Update- Q1FY23 Results
Analyst Update- Q1FY23 Results BFL 3 Month Report: “The company’s performance in Q1 FY23 was steady with Revenue and EBITDA witnessing growth on a MANAGEMENT COMMENTS sequential basis. Topline grew by 5.1% to Rs 17,594 million while EBITDA grew by 6.8% to Rs 4,600 million. Export revenues at Rs 10,4
Slide 3: Standalone Financial Highlights Q1 FY23
Standalone Financial Highlights Q1 FY23 REVENUES MANAGEMENT COMMENTS 17,594 16,741 13,718 Revenues at Rs 17,594 million in Q1FY23 grew by 5.10% as compared to Q4 STANDALONE HIGHLIGHTS FY22 on back of 11.5% growth in Export revenues. Domestic revenues declined by 3.7% due to decline in MHCV productio
Slide 4: Review of India Business
Review of India Business Commercial Vehicles MANAGEMENT COMMENTS Automotive Business: After a stellar performance in FY22, activity levels took a breather STANDALONE HIGHLIGHTS 2,338 2,532 with automotive production declining as compared to the Jan – Mar quarter. MHCV & PV 1,271 production during th
Slide 5: Review of International Business
Review of International Business Commercial Vehicles Automotive Business: The automotive export revenues has witnessed growth on both MANAGEMENT COMMENTS QoQ & YoY basis across Commercial & Passenger Vehicle segments. Revenues from the CV segment has grown by 13.5% sequentially while the PV segment
Slide 6: Review of Export Business
Review of Export Business Rs. Million MANAGEMENT COMMENTS PARTICULARS Q1FY23 Q4FY22 Q1FY22 STANDALONE HIGHLIGHTS Americas 7,029 6,290 6,247 INDIA BUSINESS Europe 3,108 2,778 2,645 INTERNATIONAL BUSINESS Asia Pacific 339 323 265 CONSOLIDATED HIGHLIGHTS Total 10,475 9,392 9,156 ANNEXURES 6
Slide 7: Consolidated Financial Highlights Q1 FY23
Consolidated Financial Highlights Q1 FY23 Revenues MANAGEMENT COMMENTS Rs. Million 28,515 27,619 21,511 STANDALONE HIGHLIGHTS Particulars June 30, 2022 March 31, 2022 Apr-Jun 22 Jan-Mar 22 Apr-Jun 21 INDIA BUSINESS Long Term Debt 26,244 23,151 EBITDA WC & Bill Discounting 34,603 33,394 INTERNATIONAL
Slide 8: Financial Annexures
FINANCIAL ANNEXURES fF. BHARAT FORGE |
Slide 9: Standalone P&L Highlights Q1 FY23
Standalone P&L Highlights Q1 FY23 Rs. Million MANAGEMENT COMMENTS STANDALONE FINANCIALS Q1FY23 Q4FY22 QoQ% Q1FY22 YoY% Shipment Tonnage 57,915 57,543 0.6 53,512 8.2 STANDALONE HIGHLIGHTS Domestic Revenue 6,895 7,161 -3.7 4,418 56.1 Export Revenue 10,475 9,392 11.5 9,156 14.4 INDIA BUSINESS Other Ope
Slide 10: Standalone Balance Sheet Highlights as on June 30, 2022
Standalone Balance Sheet Highlights as on June 30, 2022 Rs. Million MANAGEMENT COMMENTS Particulars (Standalone) June 30, 2022 March 31,2022 STANDALONE HIGHLIGHTS Long Term Debt 21,030 17,834 Working Capital & Bill Discounting 22,218 21,215 INDIA BUSINESS Equity 72,932 71,098 INTERNATIONAL BUSINESS
Slide 11: Subsidiary Financials
Subsidiary Financials Rs. Million MANAGEMENT COMMENTS Overseas Mfg. Ops Apr - Jun 2022 Jan – Mar 2022 Apr – Jun 2021 Total Revenue 10,490 9,083 8,533 STANDALONE HIGHLIGHTS EBITDA 495 746 925 EBITDA % 4.7% 8.2% 10.8% INDIA BUSINESS PBT before Ex Gain/(Loss) (221) 146 246 INTERNATIONAL BUSINESS EBITDA
Slide 12: Overseas Operations & Subsidiary Financials
Overseas Operations & Subsidiary Financials Rs. Million Indian Subsidiaries Apr – Jun 2022 Jan – Mar 2022 Apr – Jun 2021 MANAGEMENT COMMENTS Total Revenue 364 772 127 EBITDA (83) (136) (24) STANDALONE HIGHLIGHTS PBT Before Exchange Gain/(Loss) (160) (133) (46) INDIA BUSINESS Rs. Million INTERNATIONA
Slide 13: Disclaimer
DISCLAMER 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 statement
Slide 14: Thank You
THANK YOU Bharat Forge Ltd Rajhagopalan S Tel: +91 98601 44866 Email: SRajhagopalan@bharatforge.com S-Ancial Technologies Pvt Ltd Vijay Gyanchandani / Vishal Mehta Tel: +91 96194 38448 / +91 93264 78472 Email: vijay@s-ancial.com vishal@s-ancial.com