Schaeffler India Ltd · NSE:SCHAEFFLER
Schaeffler India — Q1 2021 Earnings Presentation
17 slides from Schaeffler India's earnings presentation, Apr 28, 2021
Slide 1: Investor Presentation – Q1 2021
Schaeffler India Limited Investor Presentation – Q1 2021 April 28, 2021
Slide 2: Continue to exercise utmost caution against COVID19
Continue to exercise utmost caution against COVID19 All non production • All eligible employees Side Protection at Sub Assembly Stations Stringent Covid19 protocols at all vaccinated in a drive across all staff and offices are with Acrylic Sheets plant locations locations WFH • All plants and wareho
Slide 3: Agenda
Agenda 1 Industry & economy 2 Key highlights 3 Q1 2021 Performance update 28 Apr 2021 Schaeffler India Limited | Earnings Presentation 3
Slide 4: Economy | Rebound with looming concerns over resurgence of COVID-19
1 Industry & economy Economy | Rebound with looming concerns over resurgence of COVID-19 Key comments GDP Growth % (YoY) 1) IIP Growth % (YoY) 2) • Indian economy is projected to 5.8 5.4 5.2 4.5 contract by 8% in FY21 (Apr 2020 4.6 1.0 1.6 3.3 3.0 -57.3 -33.4 to Mar 2021). 0.4 -24.4 -2.1 -1.6 • FY22
Slide 5: Core sector performance | On growth trajectory
1 Industry & economy Core sector performance | On growth trajectory 2020 2021 Weight of sector within eight core sectors Key comments • Cement: Total production in 2020 was 290 mn T - YTD Feb ’21 Cement Cement Production (mn T) 5.4% Steel Production (mn T) 17.9% production was 21.3% higher than 30 2
Slide 6: Automotive production | Tractors leading, other segments to catch up
1 Industry & economy Automotive production |Tractors leading, other segments to catch up 2020 2021 Key Comments • Although all segments of automotive Two and three wheelers (mn Units) 1) Commercial vehicles (Th Units) 1) production are witnessing robust growth, the resurgence of Covid19 in the curre
Slide 7: Agenda – Key highlights
Agenda 1 Industry & economy 2 Key highlights 3 Q1 2021 Performance update 28 Apr 2021 Schaeffler India Limited | Earnings Presentation 7
Slide 8: Key business developments
2 Key highlights Key business developments Industrial Automotive Technologies Automotive Aftermarket Precision and Efficiency Reliability and emission reduction Increased market coverage Started supply of Linear Motion guides Key wins in PV segment for clutch TruPower continues to gain 1 1 1 from Qu
Slide 9: Agenda – Q1 2021 Performance update
Agenda 1 Industry & economy 2 Key highlights 3 Q1 2021 Performance update 28 Apr 2021 Schaeffler India Limited | Earnings Presentation 9
Slide 10: Q1 2021 | Continued momentum driving holistic growth
3 Q1 2021 Performance update Q1 2021 | Continued momentum driving holistic growth Key Messages Sales in Q1 EBIT in Q1 Continue to effectively manage Covid19 situation with all-round 41.8% vs Q1’20 82.8% vs Q1’20 focus on Employee Health & Safety 3.4% vs Q4’20 -5.5% vs Q4’20 Robust growth Y-o-Y acros
Slide 11: Revenue from operations | Strong demand and new business wins
3 Q1 2021 Performance update Revenue from operations | Strong demand and new business wins Total revenue 2020 2021 Key aspects mn INR 13,168 12,738 11,207 • Growth momentum continues across all segments Y-o-Y 9,285 4,389 • Strong operational performance continues − Production increase by >30% Y-o-Y
Slide 12: Earning Quality | Significantly improved y-o-y, sustained q-o-q
3 Q1 2021 Performance update Earning Quality | Significantly improved y-o-y, sustained q-o-q EBIT %Margin 2020 2021 Key aspects mn INR 1,708 1,417 1,806 • Revenue growth momentum and portfolio, helped achieving robust 1,806 934 performance vs Q1 2020 10.1% 13% (695) • Strong operational performance
Slide 13: Working Capital, Capex | Improved position
3 Q1 2021 Performance update Working Capital, Capex | Improved position Working Capital 2020 2021 Key aspects mn INR 8,341 8,383 7,148 6,485 6,358 • Better inventory and receivable management • Improved overdue position • Judicious capex spending Q1 Q2 Q3 Q4 • Robust Free Cash Flow generation 3M’20
Slide 14: Performance Indicators
3 Q1 2021 Performance update Performance Indicators Unit Q1 2021 Q4 2020 Q1 2020 12M 2020 12M 2019 Revenue mn INR 13,168 12,738 9,285 37,619 43,606 Revenue growth (YoY) % 41.8% 22.9% -20.8% -13.7% -4.4% Revenue growth (QoQ) % 3.4% 13.7% -10.4% EBITDA mn INR 2,186 2,317 1,378 5,402 6,461 EBITDA Margi
Slide 15: Conclusion & Outlook
3 Q1 2021 Performance update Conclusion & Outlook Resounding performance during the quarter aided by sharp market recovery, strong 1 countermeasures and new business wins 2 Continue to leverage our deep customer connect and strong technical expertise to build a robust order book from our Automotive
Slide 16: Disclaimer
Disclaimer The information contained in this presentation is provided by Schaeffler India Limited (“the Company”), to you solely for your reference. This document is being given solely for your information and for your use and may not be retained by you and neither this presentation nor any part the
Slide 17: Thank you for your attention
Thank you for your attention 28 Apr 2021 Schaeffler India Limited | Earnings Presentation 17