Bharat Forge Ltd · NSE:BHARATFORG
Bharat Forge — Q4 FY22 Earnings Presentation
17 slides from Bharat Forge's earnings presentation
Slide 1: Bharat Forge Ltd Analyst Update – Q4FY22
BHARAT FORGE LTD ANALYST UPDATE – Q4FY22
Slide 2: Analyst Update- Q4FY22 Results
Analyst Update- Q4FY22 Results BFL 3 Month Report: “The company ended the year on a strong note with topline growing by 28% to Rs 16,741 million driven by pickup in both domestic & Export markets. EBITDA margins at 25.7% in Q4 FY22 were maintained as compared to Q4 FY21, despite MANAGEMENT COMMENTS
Slide 3: ESG Focus: Green operations
ESG Focus: Green operations MANAGEMENT COMMENTS Elements FY2020 FY2022 % change Remark STANDALONE HIGHLIGHTS Gross Water consumption INDIA BUSINESS 1,071,132 946,997 10% (KL) INTERNATIONAL BUSINESS 836 816 100% recycling Net Waste generation (MT) CONSOLIDATED HIGHLIGHTS ANNEXURES Renewable energy as
Slide 4: Standalone Financial Highlights Q4 FY22
Standalone Financial Highlights Q4 FY22 REVENUES MANAGEMENT COMMENTS 16,741 16,021 13,074 Revenues at Rs 16,741 million in Q4FY22 grew by 28.0% as compared to Q4 STANDALONE HIGHLIGHTS FY21 on back of 26.7% growth in domestic revenues and 28.5% growth in export revenues. INDIA BUSINESS Q4 FY22 Q3 FY2
Slide 5: Standalone Financial Highlights FY22
Standalone Financial Highlights FY22 MANAGEMENT COMMENTS Revenues 62,546 36,516 Robust revenue growth of 71.3% on back of sharp recovery in Domestic & STANDALONE HIGHLIGHTS Export markets and pass thru impact of raw material inflation. INDIA BUSINESS FY22 FY21 INTERNATIONAL BUSINESS EBITDA EBITDA in
Slide 6: Review of India Business
Review of India Business Automotive Business: The Automotive industries performance in FY22 has been very Commercial Vehicles encouraging despite unabated challenges the industry has had to weather ranging MANAGEMENT COMMENTS from supply chain related issues, increased cost of ownership due to regul
Slide 7: Review of International Business
Review of International Business Automotive Business: The Automotive revenues across EU & North America and across Passenger Vehicles and Commercial Vehicles witnessed moderate recovery in the Commercial Vehicles Jan – March period. CV revenues grew by 5.3% sequentially while the PV revenues grew MA
Slide 8: Review of International Business
Review of International Business Rs. Million MANAGEMENT COMMENTS PARTICULARS Q4FY22 Q3FY22 Q4FY21 FY2022 FY2021 STANDALONE HIGHLIGHTS Americas 6,290 5,775 4,380 25,092 11,174 INDIA BUSINESS Europe 2,778 2,656 2,670 10,631 7,423 INTERNATIONAL BUSINESS Asia Pacific 323 187 259 980 1,045 CONSOLIDATED H
Slide 9: Consolidated Financial Highlights FY22
Consolidated Financial Highlights FY22 Revenues MANAGEMENT COMMENTS 1,04,610 63,363 Rs. Million STANDALONE HIGHLIGHTS Particulars March 31, 2022 March 31, 2021 FY22 FY21 INDIA BUSINESS Long Term Debt 23,151 26,328 EBITDA WC & Bill Discounting 33,394 23,626 INTERNATIONAL BUSINESS 19,803 Equity 66,267
Slide 10: Financial Annexures
FINANCIAL ANNEXURES fF. BHARAT FORGE |
Slide 11: Standalone P&L Highlights Q4 FY22
Standalone P&L Highlights Q4 FY22 Rs. Million STANDALONE MANAGEMENT COMMENTS Q4FY22 Q3FY22 QoQ% Q4FY21 YoY% FY22 FY21 % Change FINANCIALS Shipment Tonnage 57,543 53,365 7.8 55,837 3.1 221,514 165,396 33.9 STANDALONE HIGHLIGHTS Domestic Revenue 7,161 7,221 (0.8) 5,653 26.7 24,997 16,388 52.5 Export R
Slide 12: Standalone Balance Sheet Highlights as on Mar 31, 2022
Standalone Balance Sheet Highlights as on Mar 31, 2022 Rs. Million MANAGEMENT COMMENTS Particulars (Standalone) March 31,2022 March 31, 2021 STANDALONE HIGHLIGHTS Long Term Debt 17,834 20,643 Working Capital & Bill Discounting 21,215 15,560 INDIA BUSINESS Equity 71,098 59,486 INTERNATIONAL BUSINESS
Slide 13: Consolidated Financial reconciliation
Consolidated Financial reconciliation Rs. Million FY 2022 – 15 months BFL + BFIL WOS Indian Subs Total MANAGEMENT COMMENTS Total Revenue 62,225 40,641 1,745 1,04,611 EBITDA 15,994 3,947 (138) 19,803 STANDALONE HIGHLIGHTS PBT 12,308 793 (245) 12,856 Exchange Gain/(loss) 409 (53) - 356 INDIA BUSINESS
Slide 14: Subsidiary Financials
Subsidiary Financials Rs. Million MANAGEMENT COMMENTS Overseas Mfg. Ops Jan – Mar 2022 Oct – Dec 2021 Jan – Mar 2021 CY 2021 15 Months CY 2020 Total Revenue 9,083 8,073 8,100 31,558 40,641 23,361 STANDALONE HIGHLIGHTS EBITDA 746 702 951 3,201 3,947 1,221 EBITDA % 8.2% 8.7% 11.7% 10.1% 9.7% 5.2% INDI
Slide 15: Overseas Operations & Subsidiary Financials
Overseas Operations & Subsidiary Financials Rs. Million Indian Subsidiaries Jan – Mar 2022 Oct – Dec 2021 Jan – Mar 2021 FY2022 FY2021 MANAGEMENT COMMENTS Total Revenue 772 473 491 1,745 1,005 EBITDA (136) 36 68 (138) 10 STANDALONE HIGHLIGHTS EBITDA% (17.6)% 7.6% 13.8% (7.9)% 1.0% INDIA BUSINESS PBT
Slide 16: Disclaimer
DISCLAMER 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 statement
Slide 17: Thank You
THANK YOU Bharat Forge Ltd Rajhagopalan S Tel: +91 98601 44866 Email: SRajhagopalan@bharatforge.com S-Ancial Technologies Pvt Ltd Vijay Gyanchandani / Vishal Mehta Tel: +91 96194 38448 / +91 93264 78472 Email: vijay@s-ancial.com vishal@s-ancial.com