Balkrishna Industries Limited · NSE:BALKRISIND
Balkrishna Industries — Q3 FY2020 Earnings Presentation
30 slides from Balkrishna Industries's earnings presentation, February 2020
Slide 1: Balkrishna Industries Ltd Investor Presentation
BALKRISHNA INDUSTRIES LTD Investor Presentation February 2020
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Balkrishna Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Our Performance
KT, GROWING TOGETHER Our Performance
Slide 4: 9MFY20 Performance
9MFY20 Performance 9MFY20 Rs. 974 Cr 143,794 MT Rs. 3,508 Cr EBITDA Rs. 688 Cr Sales Volume Revenue Margin : 27.8% PAT Q3FY20 Rs. 369 Cr 47,321 MT Rs. 1,183 Cr EBITDA* Rs. 221 Cr Sales Volume Revenue Margin : 31.2% PAT Board of Directors declared a 3rd Interim Dividend of Rs. 16/- per equity share 4
Slide 5: Sales Profile
Sales Profile In MT 211,261 199,213 172,419 148,244 143,794 FY16 FY17 FY18 FY19 9MFY20 5
Slide 6: Management Commentary
Management Commentary The markets continue to remain challenging. However, with improving global 01 macro-economic situation and expectation of better weather conditions and therefore our business may see better growth in FY21 compared to the current year During last quarter, we had guided for a bet
Slide 7: Profit & Loss
Profit & Loss Standalone Particulars (Rs. Cr) Q3FY20 Q3FY19 YoY % 9MFY20 9MFY19 YoY % FY19 Sales (MT) 47,321 46,780 1% 143,794 155,783 -8% 211,261 Revenue from Operations 1,161 1,206 3,425 3,893 5,244 Realized Gain on Foreign Exchange 23 -9 83 88 91 Total Income 1,183 1,197 -1% 3,508 3,981 -12% 5,33
Slide 8: Other Income and Net Forex Gain/(Loss)
Other Income and Net Forex Gain/(Loss) Standalone Particulars (Rs. Cr) Q3FY20 Q3FY19 9MFY20 9MFY19 Exchange Difference Gain (Realized) 28 2 97 102 Exchange Difference Gain (Un-Realized) -22 -34 6 8 Others 24 33 80 64 Total Other Income 30 1 182 174 Standalone Particulars (Rs. Cr) Q3FY20 Q3FY19 9MFY2
Slide 9: Balance Sheet
Balance Sheet Particulars (Rs. Cr.) Sep’19 Mar’19 Particulars (Rs. Cr.) Sep’19 Mar’19 ASSETS EQUITY AND LIABILITIES Non-current assets 4,430 3,994 EQUITY 5,017 4,679 Property, Plant and Equipment 2,983 2,707 Equity Share Capital 39 39 Capital work-in-progress 506 585 Other Equity 4,979 4,640 Investm
Slide 10: Healthy Cash holdings
Healthy Cash holdings Rs. Cr 1,204 1,131 11 66 -280 61 -118 333 Mar-16 H1FY17 H2FY17 H1FY18 H2FY18 FY19 9MFY20 Current Cash Holdings Zero Long Term Debt All figures on Standalone basis 10
Slide 11: BKT 2.0: Embarking on next Phase of Growth
BKT 2.0: Embarking on next Phase of Growth 03 0 02 01 Carbon Black Plant Replacement of Waluj Capex at Bhuj Plant Plant Commenced Production of New state of the art fully Upscaling to large sized All Phase 1 of Carbon Black integrated facility at a capex steel radial OTR Tires by project of 60,000 M
Slide 12: Strategy at BKT
KT) GROWING TOGETHER Strategy at BAT 12
Slide 13: Our Focus Area
Our Focus Area Market Reach Expand reach within existing Sales Channels as well increase footprint within replacement segment and OEMs 01 Penetrate Americas Increase share of business in USA markets by increasing 02 supplies from India Product portfolio expansion 03 Expand the product portfolio by a
Slide 14: To Serve Global OEMs…
To Serve Global OEMs… The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only 14
Slide 15: With India Production and Global Sales
With India Production and Global Sales Waluj, Maharashtra Bhiwadi, Rajasthan Chopanki, Rajasthan Our plants India – Our Bhuj, Gujarat Manufacturing base Mould plant, Dombivali 15
Slide 16: BKT – A Strong Indian Brand
BKT – A Strong Indian Brand Click here for BKT Corporate Video 16
Slide 17: Balkrishna Industries – A Snapshot
Balkrishna Industries – A Snapshot Leading ‘Off-Highway Tire” Exporter BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market Wide and comprehensive product portfolio Deep understanding of OHT market has led to capabilities to manufacture over 2,700 SKU Capacities Current Achiev
Slide 18: Our Strong Evolution
Our Strong Evolution 2018 Announced Capex for 2019 Started Manufacturing for large size Replacement of Waluj Plant, 51” diameter tires at Bhuj. capex at Bhuj Plant Plant in 2015 2009 Crosses Rs. Plant in 2006 Chopanki, 1,000 cr Bhuj, Rajasthan Turnover Gujarat Production of 2002 Started Production P
Slide 19: Awards and Accolades
Awards and Accolades BKT Earthmax SR 45 M has been awarded the best OTR tire at Hevea Awards for the Tyre BKT received award from John Deere Industry, 2019 at Enterprise Supply Management for Motortec Automechanika, Spain achieving Excellence (Partner Level Performance) 19
Slide 20: Application of our Tires
Application of our Tires Agriculture Tires Cotton Pick Harvester Tractor Vineyard Tractor Pivot Irrigator Industrial Tires Loader Telehandler Mobile Crane OTR Tires Load Haul Dump Underground Mining Container Handler 20
Slide 21: Strengthening BKT Brand : USA
Strengthening BKT Brand : USA BKT is the Official and Exclusive Tire manufacturer of MONSTER JAM and its fleet of Monster Trucks – Monster Jam is a top sporting event in America 21
Slide 22: Strengthening BKT Brand : Canada
Strengthening BKT Brand : Canada BKT Continental Cup – Curling: BKT is the Title Sponsor of Continental Cup 22
Slide 23: Strengthening BKT Brand : Italy, Europe
Strengthening BKT Brand : Italy, Europe BKT is the new Title Sponsor for the ITALIAN SERIE ‘B’ FOOTBALL CHAMPIONSHIP – THE NEWBORN - “SERIE BKT” 23
Slide 24: Strengthening BKT Brand : Spain, Europe
Strengthening BKT Brand : Spain, Europe BKT is the New Official Global Partner for the Spanish Football League “La Liga” 24
Slide 25: Strengthening BKT Brand : France, Europe
Strengthening BKT Brand : France, Europe BKT is the New TITLE Sponsor for the FRENCH Football League “COUPE DE LA LIGUE BKT” 25
Slide 26: Strengthening BKT Brand : Australia
Strengthening BKT Brand : Australia BKT is the Official “OFF-HIGHWAY TIRE PARTNER” for KFC BIG BASH LEAGUE (THE AUSTRALIAN CRICKET LEAGUE) 26
Slide 27: Strengthening BKT Brand : India
Strengthening BKT Brand : India Supporting Kabbadi by becoming the official Tire Partner for 8 marquee Teams in Pro Kabbadi League 27
Slide 28: Strengthening BKT Brand : India
Strengthening BKT Brand : India OFF-HIGHWAY TIRE PARTNER FOR THE ‘TAMIL NADU PREMIER LEAGUE’ (TNPL) FOR T-20 CRICKET 28
Slide 29: Strengthening BKT Brand : Sunny Deol our Brand Ambassador
Strengthening BKT Brand : Sunny Deol our Brand Ambassador Popular Bollywood Icon Sunny Deol is the Brand Ambassador of BKT 29
Slide 30: Company and Investor Relations Advisors contact
For further information, please contact: Company : Investor Relations Advisors : Balkrishna Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L99999MH1961PLC012185 CIN - U74140MH2010PTC204285 Mr. B K Bansal, Director - Finance Mr. Shogun Jain / Ms. Payal Dave bkbansal@bkt-tires.com shogun.ja
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