Cummins India Limited · NSE:CUMMINSIND
Cummins India — Shareholder Meeting (August 2022)
18 slides from Cummins India's shareholder meeting presentation, Aug 10, 2022
Slide 1: Intimation of presentation at 61st Annual General Meeting
Ref: STEX/SECT/2022 August 10, 2022 The Relationship Manager, National Stock Exchange of India Limited DCS-CRD (NSE), BSE Limited (BSE), Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Fort, Bandra – Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 0
Slide 2: Cummins India Limited 61st Annual General Meeting
CUMMINS INDIA LIMITED (CIL) 61st ANNUAL GENERAL MEETING Ashwath Ram Managing Director, Cummins India Limited August 10, 2022 Public 1
Slide 3: Agenda
Agenda Cummins Inc. CEO Transition update and Q2, 2022 Financial Performance Cummins India Limited (CIL) – 60 Years Legacy and our Top Priorities CIL FY2021-22 Financial Performance Highlights Trends, CIL Growth Strategy and Destination Zero 2
Slide 4: Meet our new global CEO
CUMMINS INC. M E E T O U R N E W G LO B A L C E O Effective August 1, 2022, Jennifer Rumsey, President and COO, has been promoted to President and CEO of Cummins Inc. She is the seventh CEO and first woman to lead the company since it was founded in 1919. Tom Linebarger has ended his term as CEO, no
Slide 5: Cummins Inc. Q2 2022 performance
revenue: $6.6 billion EBITDA*: $1.0 billion, 15.7% of sales Sa les increa sed 8% from Q 2’21 C ompared to $974 million, 15.9% of sales Cummins Inc. Q2 2022 performance *E B IT D A is earnings before interest, taxes, depreciation and amortiz ation, and excludes costs related to the indefinite suspens
Slide 6: Years Legacy & Top Priorities
60 YEARS LEGACY & TOP PRIORITIES CUMMINS INDIA LIMITED Public 5
Slide 7: A legacy of 60 years
CUMMINS INDIA LIMITED A legacy of 60 years.. 2022 Cummins completes 60 years in India! Public 6
Slide 8: Top Three Priorities
CUMMINS INDIA LIMITED TOP THREE PRIORITIES Public 7
Slide 9: Financial Performance CIL FY 2021-22
Financial Performance CIL FY 2021-22 Revenue: ₹ 6,026 Cr Profit before Interest Tax: ₹ 1,171 Cr Cash generated from operations: ₹ 707 Cr Dividend: 925% 8
Slide 10: Revenue and PBIT Trend
CUMMINS INDIA LIMITED REVENUE AND PBIT TREND Revenue CAGR: 9% 6,500 1,200 1,150 6,000 1,100 5,500 1,038 1,050 5,000 1,000 4,500 950 900 4,000 824 850 3,500 799 800 3,000 750 5,062 4,256 6,026 2,500 700 FY 2020 FY 2021 FY 2022 Revenue PBIT Figures are in ₹ Crores Sales: • FY 2020 and FY 2021 signific
Slide 11: Domestic vs Exports Trend
CUMMINS INDIA LIMITED DOMESTIC VS EXPORTS TREND Domestic CAGR Exports CAGR 8.2% 11.7% 6,026 30% 1,610 5,062 26% 30% 1,291 4,256 26% 32% 32% 27% CAGR: 9.1% 4,416 27% 70% 74% 1,153 3,771 73% 3,103 68% 68% 70% 74% 73% FY 2020 FY 2021 FY 2022 Domestic Export Total Figures are in ₹ Crores 10
Slide 12: Dividend Trend
CUMMINS INDIA LIMITED DIVIDEND TREND 600 1000% 550 950% 925% 500 900% 850% 450 800% 400 750% 750% 350 700% 513 700% 300 416 650% 388 250 600% 200 550% 150 500% FY 2020 FY 2021 FY 2022 Figures are in ₹ Crores FY FY2020 FY 2021 FY 2022 Dividend Payout% 68% 67% *68% (as a % of Profit after Tax) * Excep
Slide 13: Looking into the Future: Trends, Growth Strategy and Destination Zero
LO O K I N G I N TO T H E FU T U R E TRENDS, CIL GROWTH STRATEGY AND DESTINATON ZERO 12
Slide 14: Key Trends: Industry and Economy
INDUSTRY and ECONOMY KEY TRENDS Stringent Emission norms Alternate Fuels Impetus on Infrastructure Rail Electrification development Push for Domestic Favorable Policies Manufacturing Public 13
Slide 15: Growth Strategy
CUMMINS INDIA LIMITED GROWTH STR ATEGY Profitable growth OEM Beyond engines Rail Alternate and Exports After-market penetration electrification Renewal Hydrogen Sources Beyond engine Rail (PSBU, EBU & components electrification (incl. fuel Supply Chain) cells) Material Footprint Value selling Cost v
Slide 16: Destination Zero
Destination Zero Cummins Inc. has launched Destination Zero, as a company wide strategy to achieve zero emissions by reducing greenhouse gas (GHG) emissions and supporting the transition to decarbonized power. CIL is committed to support Cummins Inc. in this journey of achieving Zero Emissions for a
Slide 17: Sharp focus on the future to take forward our legacy
CUMMINS INDIA LIMITED SHARP FOCUS ON THE FUTURE TO TAKE FORWARD OUR LEGACY OF TECHNOLOGY LEADERSHIP, INNOVATION AND DEPENDABILITY 60-YEAR HISTORY OF GLOBAL EXPERIENCE YOU ENGINEERED FOR INNOVATION FOOTPRINT CAN DEPEND ON THE CUSTOMER SERVICE AND DIGITAL DIVERSITY, EQUITY & POWERING A SUPPORT SOLUTIO
Slide 18: Thank You
THANK YOU PUBLIC 17 17