Slide 1: Exchange filing letter for Q4 FY22 investor presentation
May 5, 2022 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: CL23, CL25 CP Listed ISIN: INE482A14BA3, INE482A14BB1, INE482
Slide 2: Q4 FY22 – Investor Presentation | 5th May 2022
Q4 FY22 – Investor Presentation | 5th May 2022
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: Table of Contents
Table of Contents Section 1: RPG Group Overview 4-6 Section 2: Business Overview 7-17 Section 3: Financial Performance 18-26 Section 4: ESG Highlights 27-31
Slide 5: Section 1: RPG Group Overview
Section 1: RPG Group Overview Section 1: RPG Group Overview
Slide 6: 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 AD in banki
Slide 7: RPG Group: Key Financials
RPG Group: Key Financials FY17-21 Gross Total Income (Rs Cr.) FY17-21 CAGR: EBITDA PAT CAGR: 7.0% EBITDA 10.1% 3,006 PAT 8.9% 26,269 2,594 23,833 24,682 2,423 21,766 2,218 20,052 2,045 1,377 1,031 1,099 1,111 980 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Market Cap Net Worth ROE ROCE 12,000.
Slide 8: Section 2: Business Overview
Section 2: Business Overview Section 1: RPG Group Overview
Slide 9: Overview
Overview India’s leading tyre company for 60+ years Presence in 100+ countries, with strong brand recall 4,600+ dealers, 625+ CEAT special channels #No 1 player in Sri Lanka in terms of market share 7 Manufacturing facilities - Mumbai, Nasik, Halol, Nagpur, Ambernath, Chennai & Sri Lanka FY22 Revenu
Slide 10: Board of Directors
Board of Directors Harsh Vardhan Goenka Anant Goenka Arnab Banerjee Pierre E. Cohade Chairman, Non Executive Director Managing Director COO and Whole Time Director Non Executive, Non Independent Director Paras K. Chowdhary Atul C. Choksey Haigreve Khaitan Mahesh S. Gupta Non Executive, Non Independe
Slide 11: Leadership Team
Leadership Team Anant Goenka Kumar Subbiah Arnab Banerjee Milind Apte Saurav Mukherjee Managing Director Executive Director, Finance & CFO Chief Operating Officer Senior Vice President, Human Senior Vice President, Global Sales Resources & Supply Chain Peter Becker Renji Isaac Jayasankar Kuruppal Am
Slide 12: Growth Strategy
Growth Strategy Extensive Distribution Accelerated Growth in International Business Strong Brand Differentiated Products OEM Relationships World Class R&D 11
Slide 13: Extensive Distribution
1 Extensive Distribution FMCG style distribution, industry leading number of Continuously expanding footprint and enriching touch-points customer experience 4,600+ 550 625+ 125 300+ 10 600+ Dealers & Channel Partners CEAT Special Channels Distributors Districts (Shoppe / SIS) Approximate number as o
Slide 14: Strong Brand
2 Strong Brand Focused campaigns around umbrella theme of Safer & Smarter Mobility Karthi Sivakumar roped in for Continued association with IPL as Select digital campaigns SecuraDrive Campaign in Tamil Nadu Strategic Timeout Partner 13
Slide 15: Deep OEM Partnerships
3 Deep OEM Partnerships Honda Royal Enfield Bajaj Yamaha Suzuki Hero Hero Electric Piaggio LML Tork Tunwal Okinawa Scooters Kawasaki Maruti Suzuki TATA Motors Mahindra Renault Hyundai KIA Nissan Force Motors Datsun Skoda Peugeot Volkswagen Morris Garage TATA Motors Ashok Leyland VECV Escorts AMW TAF
Slide 16: World Class R&D
4 World Class R&D • Consistently churning variants across vehicle platforms and geographies • Focus on upcoming technologies like Electric Vehicle, Smart Tyres and Sustainability • Significant investment on tyre testing infrastructure like Anechoic Chamber, Flat Track Test Machine • 100+ patent fili
Slide 17: Differentiated Products – Platforms & Recent OEM Launches
5 Differentiated Products – Platforms & Recent OEM Launches Performance based platforms Stronger OEM relationships, better traction for replacement cycle Volkswagen Virtus Mahindra Thar Nissan Magnite Yezdi Adventure Okaya EV Scooter Suzuki Gixxer Olectra EV Bus Ashok Leyland Ecomet Tata Motors BS V
Slide 18: Accelerated Growth In International Business
6 Accelerated Growth In International Business Key Export Markets ~71% Emerging markets YoY Growth in Export Revenue 100+ 12 Countries Present EU and Americas new focus areas. Business driven by local insights and marketing 740+ 76 SKUs in Off-Highway Tyres Addition / progress in FY22 17
Slide 19: Section 3: Financial Performance
Section 3: Financial Performance
Slide 20: Consolidated: Q4 FY22 Financial Highlights
Consolidated: Q4 FY22 Financial Highlights Q4 FY22 v/s Q4 FY21 (YoY) Q4 v/s Q3 FY22 (QoQ) • Net revenue INR 2,592 Crs increased 13.2% • Net revenue INR 2,592 Crs increased 7.4% • Gross margin 33.5 % contracted by 847 bps • Gross margin 33.5 % contracted by 46 bps • EBITDA margin 7.5% contracted by 4
Slide 21: Consolidated: Q4 and FY22 Financials
Consolidated: Q4 and FY22 Financials All figures in INR Crs Parameter Q4 FY21 Q3 FY22 Q4 FY22 QoQ YoY FY21 FY22 YoY Net Revenue from operations 2,289.7 2,413.3 2,592.0 7% 13% 7,609.6 9,363.4 23% Raw Material 1,328.3 1,593.2 1,723.1 8% 30% 4,266.3 6,027.6 41% Gross margin 961.5 820.1 868.9 6% -10% 3,
Slide 22: Consolidated: Financial Trends
Consolidated: Financial Trends All figures in INR Crs Revenue EBITDA and Margin 9,363 1,019 7,610 741 739 6,985 6,779 663 9.5% 10.9% 13.4% 13.4% 7.9% FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 PAT and Margin Debt and Leverage Ratios 432 2,097 1,929 251 1,498 1,418 230 2.3x 2.6x 1.4x 2.8x Debt/EBITDA 71
Slide 23: Standalone: Q4 and FY22 Financials
Standalone: Q4 and FY22 Financials All figures in INR Crs Parameter Q4 FY21 Q3 FY22 Q4 FY22 QoQ YoY FY21 FY22 YoY Net Revenue from operations 2,279.0 2,406.1 2,576.4 7% 13% 7,572.8 9,312.6 23% Raw Material 1,325.9 1,591.9 1,720.6 8% 30% 4,251.3 6,012.1 41% Gross margin 953.1 814.3 855.9 5% -10% 3,32
Slide 24: Section 4: ESG Highlights
Section 4: ESG Highlights ORPG cent ll
Slide 25: Sustainability Goals
Sustainability Goals Manufacturing ✓ Plant electricity through rooftop / captive solar plants ✓ Using briquette as fuel Materials Transportation ✓ Greener raw materials; Reduce Carbon Footprint by 50% ✓ Network optimization recycled crumb rubber by 2030 ✓ Alternate Mode of Transport ✓ ESG compliant
Slide 26: Select Environment & Society Initiatives
Select Environment & Society Initiatives Ranked No. 1 ~29% reduction in 5-10% reduction in amongst Rubber 26% plant power Nagpur, Chennai water consumption rolling resistance Industry in India on through solar roof platinum and Halol per MT (YoY) for select SKUs (YoY) ESG risk framework top plant go
Slide 27: GOO06
GOO06 000 ORPG