Cummins India Limited · NSE:CUMMINSIND
Cummins India — Shareholder Meeting (August 2023)
20 slides from Cummins India's shareholder meeting presentation, Aug 3, 2023
Slide 1: Intimation of presentation at 62nd AGM
Ref: STEX/SECT/2023 August 03, 2023 The Relationship Manager, National Stock Exchange of India Limited DCS-CRD (NSE), BSE Limited (BSE), Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Fort, Bandra – Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 0
Slide 2: Cummins India Limited 62nd Annual General Meeting
CUMMINS INDIA LIMITED (CIL) 62nd ANNUAL GENERAL MEETING Ashwath Ram Managing Director, Cummins India Limited August 3, 2023 Public 1
Slide 3: Agenda
AGENDA Cummins Inc. – Leadership Change update and Q1 Financial performance Cummins India Limited (CIL) – Our Story and Commitment to ‘Power with Purpose’ CIL – Business Highlights, Awards and FY2022-23 Financial Performance CIL Growth Strategy CIL – Business Responsibility and Sustainability Report
Slide 4: Leadership Change Update
CUMMINS INC. LEADERSHIP CHANGE UPDATE Effective August 1, 2023 Jennifer Rumsey has been appointed as the Chair of the Cummins Inc. Board of Directors. The combined roles of Chair and CEO will position Rumsey to continue leading the company into the future, leveraging her technical expertise, dee
Slide 5: Financial Performance: Cummins Inc. Q1 2023
CUMMINS INC. FINANCIAL PERFORMANCE Revenue: $8.5 billion EBITDA*: $1.4 billion, 16.1% of sales Increased 32% from Q1’22 Compared to $755 million, 11.8% of sales in Q1’22 Cummins Inc. Q1 2023 performance Q2 2023 CMI EARNINGS CONFERENCE CALL *EBITDA is earnings before interest, taxes, depreciation and
Slide 6: Our Commitment to Power with Purpose
OUR COMMITMENT TO POWER WITH PURPOSE CUMMINS INDIA LIMITED Public 5
Slide 7: Our Story
CUMMINS INDIA LIMITED OUR STORY Public 6
Slide 8: Power with Purpose
CUMMINS INDIA LIMITED POWER WITH PURPOSE Public 7
Slide 9: FY 2022-23 Key Business Highlights
CUMMINS INDIA LIMITED FY 2022-23 KEY BUSINESS HIGHLIGHTS 25,000+ Strengthened association with Indian Army, Indian Navy and Indian Railways generator sets delivered Launched Retrofit Emission Control Kit, Brake Lining, Funnel Moved to new-gen electronic 4 and Record revenue driven by Fuel Filter, Ge
Slide 10: FY 2022-23 Awards & Recognitions
CUMMINS INDIA LIMITED FY 2022-23 AWARDS & RECOGNITIONS “Gold” employer in the Golden Peacock India Workplace Equality Sustainability Award Index (IWEI) Top Employer 2022 in the engineering 2022 sector Golden Peacock Green Channel Status Occupational Health and Certification for Safety Award 2022 in
Slide 11: Financial Performance FY 2022-23
CUMMINS INDIA LIMITED FINANCIAL PERFORMANCE FY 2022-23 Revenue Cash generated from operations ₹ 7,612 Cr Profit before Interest Tax ₹ 811 Cr Dividend ₹ 1,522 Cr 1250% 10
Slide 12: Revenue and PBIT Trend
CUMMINS INDIA LIMITED REVENUE AND PBIT TREND Revenue CAGR: 34% 8,500 1,600 Figures are in ₹ Crores 7,500 1,522 1,400 6,500 1,200 5,500 1,000 4,500 1,038 800 3,500 824 600 2,500 400 1,500 200 500 4,256 6,026 7,612 -500 - FY 2021 FY 2022 FY 2023 Revenue PBIT Sales: • FY 2021 is impacted due to pandemi
Slide 13: Domestic vs Exports Trend
CUMMINS INDIA LIMITED DOMESTIC VS EXPORTS TREND Figures are in ₹ Crores Domestic CAGR Exports CAGR 34% 33% 7,612 2,050 6,026 CAGR: 34% 1,610 26% 4,256 5,562 1,153 4,416 3,103 68% 74% FY 2021 FY 2022 FY 2023 Domestic Export Total 12
Slide 14: Dividend Trend
CUMMINS INDIA LIMITED DIVIDEND TREND Figures are in ₹ Crores 800 1400% 1250% 700 1200% 600 925% 1000% 500 750% 800% 400 300 693 600% 513 416 400% 200 200% 100 - 0% FY 2021 FY 2022 FY 2023 Excluding Dividend Distribution tax 13
Slide 15: Multiple Tailwinds Positively Influencing CIL Growth Story in India
CUMMINS INDIA LIMITED MULTIPLE TAILWINDS ARE POSITIVELY INFLUENCING CIL GROWTH STORY IN INDIA Government support to boost manufacturing – Aatmanirbhar Stringent emission norms (CPCBIV+) Bharat Increased focus on infrastructure India’s focus on decarbonization development led economic growth Focus on
Slide 16: Growth Strategy
CUMMINS INDIA LIMITED GROWTH STRATEGY Profitable growth H2 Grow the Grow the After-market India for the Hydrogen BESS, Power-gen Industrial Globe (e.g., Rail fuel Electrification core core cells) solutions (e.g., Rail, Mining, grid storage) Cost Material Footprint Value selling variabalisation effic
Slide 17: Business Responsibility and Sustainability Report Highlights FY 2022-23
CUMMINS INDIA LIMITED BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT HIGHLIGHTS FY 2022-23 Powering People, Planet and Prosperity through relentless focus on Environmental, Social and Governance ENVIRONMENT SOCIAL GOVERNANCE Driving Environmental Stewardship for Empowering People and Communities
Slide 18: We Will Continue to Live Our Values and Deliver on Our Brand Promise
CUMMINS INDIA LIMITED WE WILL CONTINUE TO LIVE OUR VALUES AND DELIVER ON OUR BRAND PROMISE OF INNOVATION AND DEPENDABILITY 60+ YEARS OF GLOBAL EXPERIENCE YOU ENGINEERED FOR INNOVATION FOOTPRINT CAN DEPEND ON THE CUSTOMER SERVICE DIGITAL DIVERSITY, EQUITY POWERING A AND SOLUTIONS & INCLUSION SUSTAINA
Slide 19: Thank You for Your Trust and Partnership
THANK YOU FOR YOUR TRUST AND PARTNERSHIP 18
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