Slide 1: Stock exchange filing letter for Q2 FY24 investor presentation
October 16, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai 400 001 Mumbai 400 051 Security Code: 500878 Symbol: CEATLTD NCD Symbol: CL25, CL26 CP Listed ISIN: INE482A14BT3, INE482A14BU1 IN
Slide 2: Q2 FY24 Investor Presentation
#RoadToSiberia Q2 FY24 | Investor Presentation | 16th October 2023
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 4: Section 1: RPG Group and CEAT Overview
Section 1: RPG Group and CEAT Overview Section 1: RPG Group Overview
Slide 5: RPG Group: Powered by Passion, Driven by Ethics
RPG Group: Powered by Passion, Driven by Ethics UNLEASHTALENT RPG Enterprises was founded in 1979. The group currently operates various businesses in Infrastructure, Technology, Life Sciences, Plantations and Tyre industries . The group has business TOUCHLIVES history dating back to 1820 in banking,
Slide 6: CEAT Overview
CEAT Overview 55,000+ touchpoints 1st Deming Grand prize winner and 1st Lighthouse recognised facility Highest in tyre industry globally brand connect with “grip” and “safety” 140+ Patent filings Rs. 11,315 cr 8.7% 50+ OEM relationships revenue (FY23) EBITDA (FY23) 8,000+ 0.6x AA Permanent employees
Slide 7: Section 2: Q2 FY24 Performance
Section 2: Q2 FY24 Performance Section 1: RPG Group Overview
Slide 8: Consolidated Financial Performance (1/2)
Consolidated Financial Performance (1/2) Revenue Rs. 3,053 Cr, +4.0% QoQ, +5.5% YoY Diversified Product Mix 1 Rs. Cr Truck & Bus PC/UV LCV 3,053 2,935 2,894 2/3W Off Highway 30% (30%) 20% (20%) 7% (8%) Q2 FY24 Q1 FY24 Q2 FY23 27% (26%) 16% (16%) • Healthy QoQ volume growth driven by strong OEM deman
Slide 9: Consolidated Financial Performance (2/2)
Consolidated Financial Performance (2/2) EBITDA margin 15.1%, +202 bps QoQ, +808 bps YoY Debt Rs. 1,890 Cr, D/E 0.5x, Debt/EBITDA 1.3x EBITDA Margin Debt Rs. Cr 2,302 15.1% 13.1% 1,989 1,890 7.0% Q2 FY24 Q1 FY24 Q2 FY23 Q2 FY24 Q1 FY24 Q2 FY23 • Reduction in RM basket cost and favourable product • C
Slide 10: Operational Highlights (1/2)
Operational Highlights (1/2) CEAT Wins Deming Grand Prize 9
Slide 11: Operational Highlights (2/2)
Operational Highlights (2/2) Sponsor and Tyre Partner of Wander Shafali Verma becomes brand 25th Edition of CEAT Cricket Rating Beyond Boundaries, Road to Siberia ambassador Awards 10
Slide 12: Consolidated: Summary P&L
Consolidated: Summary P&L All figures in Rs. Cr Parameter Q2 FY24 Q1 FY24 Q2 FY23 QoQ YoY H1 FY24 H1 FY23 YoY Net Revenue from operations 3,053.3 2,935.2 2,894.5 4.0% 5.5% 5,988.5 5,712.9 4.8% Raw Material 1,729.8 1,729.6 1,953.3 0.0% -11.4% 3,459.3 3,878.3 -10.8% Gross margin 1,323.6 1,205.6 941.2
Slide 13: Standalone: Summary P&L
Standalone: Summary P&L All figures in Rs. Cr Parameter Q2 FY24 Q1 FY24 Q2 FY23 QoQ YoY H1 FY24 H1 FY23 YoY Net Revenue from operations 3,043.2 2,921.2 2,886.4 4.2% 5.4% 5,964.4 5,689.5 4.8% Raw Material 1,724.8 1,721.6 1,951.1 0.2% -11.6% 3,446.4 3,867.6 -10.9% Gross margin 1,318.4 1,199.6 935.3 9.
Slide 14: Section 3: ESG Highlights
Section 3: ESG Highlights ORPG cat
Slide 15: ESG Highlights
ESG Highlights Sustainability Vision: Reduce carbon footprint by 50% by 2030 Key Social Initiatives 500+ farmers trained in ~16% reduction in overall tCO2e per MT of production 1 organic and regenerative cultivation 2 Prepared and distributed ~36% plant power through renewable sources 2 29,000+ seed
Slide 16: ORPG
ORPG GOO0G6 000