Bharat Forge Ltd · NSE:BHARATFORG
Bharat Forge — Investor Presentation (February 2017)
16 slides from Bharat Forge's investor presentation, February 2017
Slide 1: Investor Presentation February 2017
INVESTOR PRESENTATION February 2017 | Bharat Forge Ltd. | Pune MAKING IN INDIA FOR THE WORLD
Slide 2: Bharat Forge Limited - A Global Industrial Conglomerate
Bharat Forge Limited - A Global Industrial Conglomerate BHARAT FORGE: PROFILE GLOBAL FORGING CONGLOMERATE • Consolidated Revenues: ~ US$ 1.2 Bn Geography Capacity (TPA) • 10 Manufacturing locations across 5 countries. 403,750 • Global Marquee Customer base of more than 35 OEM’s &Tier- 1 companies ac
Slide 3: Bharat Forge Limited – Key Differentiators
Bharat Forge Limited – Key Differentiators New product development leveraging Technology & Innovation strong in –house R&D capabilities Develop critical components with shortest lead time Development partners Relationship Leveraging relationship to expand Key in to new sectors Differentiators Strong
Slide 4: Transformational Shifts around three Success Levers
Transformational Shifts around three Success Levers 1. From ‘Muscle Power’ to ‘Brain Power’ PEOPLE 2. Creating a ‘Knowledge Workforce’ 3. Modernizing ‘Technology & Operations’ TECHNO- 4. From a ‘Generic Supplier’ to a ‘Partner of LOGY Choice’ ENGINEERING 5. From an ‘Indian Company’ to a ‘Global & Co
Slide 5: Standalone Results – Q3 FY 2017
Standalone Results – Q3 FY 2017 (INR Million) Particulars Q3 FY17 Q2 FY17 % change Shipment Tonnage 47,068 46,203 1.9 Domestic Revenue 5,048 4,844 4.2 Export Revenue 4,852 4,515 7.5 Total Revenue 9,900 9,359 5.8 EBITDA 2,719 2,528 7.6 EBITDA % 27.5% 27.0% PBT before Ex Gain/ (loss) 2,005 1,922 4.3 P
Slide 6: Geographical Breakup - Standalone
Geographical Breakup - Standalone Q3 FY 2017 Q2 FY 2017 4% 3% 17% 19% India India 51% Americas 26% 52% Americas 28% Europe Europe Asia-Pac Asia-Pac Particulars (INR Million) Q3 FY 2017 Q2 FY 2017 % Change India 5,048 4,844 4.2 Americas 2,766 2,412 14.7 Europe 1,682 1,781 (5.6) Asia Pacific 404 322 2
Slide 7: Segmental Breakup - Standalone
Segmental Breakup - Standalone Q3 FY 2017 Q2 FY 2017 Commercial 13% 10% Commercial Vehicles Vehicles Industrial 36% 51% 42% 48% Industrial Passenger Passenger Vehicles Vehicles Particulars (INR Million) Q3 FY 2017 Q2 FY 2017 % Change Commercial Vehicles 4,191 4,249 (1.4) Industrial 3,688 2,989 23.4
Slide 8: Performance of International Operations
Performance of International Operations (INR Million) Particulars Oct - Dec Jul – Sep % change 2016 2016 Total Income 5,051 4,995 1.1 EBITDA 474 418 13.4 EBITDA % 9.4% 8.4% PBT 89 29 • Strong focus on productivity improvement and cost control has yielded good results. • Improved product mix, new tec
Slide 9: Direction going forward – Across sectors
Direction going forward – Across sectors Make Sweat Increase use of Develop high content per existing internal technology equipment Move up the assets & R&D and and enhance value chain improve facility sophisticated addressable asset products to.. market turnover MAKING IN INDIA FOR THE WORLD 9
Slide 10: Increasing resilience with diversification
Increasing resilience with diversification Q1 FY 2017 Q1 FY 2017 Q3 FY 2013 26.5% Q3 FY 2013 19.7% Q4 FY 2009 Q4 FY 2009 9.6% 20.6% 14.6% -0.8% EBITDA MARGINS PBT MARGINS Q4 FY 2009 Q4 FY 2009 10.1% 0.99 Q3 FY 2013 Q3 FY 2013 5.4% 0.55 Q1 FY 2017 Q1 FY 2017 1.8% 0.19 INTEREST COSTS (%) D/E (NET) RAT
Slide 11: Segmental Diversification
Segmental Diversification YEAR YEAR YEAR YEAR YEAR SECTOR 2001 2004 2012 2015 2017 DE RISKED BUSINESS MODEL TRUCK GEOGRAPHICAL DIVERSIFICATION PASSENGER CAR CONSTRUCTION & MINING AGRICULTURE SECTOR DIVERSIFICATION OIL & GAS PRODUCT EXPANSION AEROSPACE 30,000 Revenue Development Exports (INR Million)
Slide 12: Growth Drivers
Growth Drivers Continued focus on From an product innovation, new Engine/Chassis technology and advanced Supplier manufacturing Powertrain solutions provider TRANSITION INNOVATE DIVERSIFY DE-RISK Broaden scope of Increase value content product offering to per equipment by sectors having a long lev
Slide 13: Asset Light Capex: Changing the Approach
Asset Light Capex: Changing the Approach CUSTOMER PRODUCT CAPEX PEOPLE PRODUCT CAPEX PEOPLE CUSTOMER MAKING IN INDIA FOR THE WORLD 13
Slide 14: Acquisition - Walker Forge LLC (BF PMT Technologie LLC)
Acquisition - Walker Forge LLC (BF PMT Technologie LLC) Markets accessed by ……… ……… helps increase our product portfolio MAKING IN INDIA FOR THE WORLD
Slide 15: Disclaimer
Disclaimer This presentation contains certain forward looking statements concerning Bharat Forge’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statemen
Slide 16: Thank You
<* BHARAT FORGE Ww KALYANI THANK YOU