Slide 1: Q2 FY 17-18 – Investor Presentation
Q2 FY 17-18 – Investor Presentation
Slide 2: Agenda
Agenda • Financial Performance – Q2 FY 17-18 • Company Outlook – FY 17-18 • PMP Acquisition • Oxygen Sensor – Technology Agreement with Kerdea • Partnership with ACHR • Joint Venture with Zorg Industries • Pricol Do Brazil • Vision Slide # 2
Slide 3: Q2 Financial Performance – FY 2017-18
Q2 Financial Performance – FY 2017-18 Standalone: • Income from Operations stands at INR 3184 Million (INR 318.4 Crore) in Q2 FY 17-18 • Pricol Limited’s revenues experienced a growth at 7% from INR 2929 Million (excluding SLD revenues of INR 606 Million) to INR 3140 Million (excluding SLD revenues)
Slide 4: Industry Wise Growth Trend – H1 FY 17-18
INDUSTRY WISE GROWTH TREND–H1–FY 17-18 2016-17 (H1 2017-18 (H1 % Change (FY 17-18) Segments - PRICOL Actuals) Actuals) Pricol Market 2W & 3W 3,186 3,840 21% 9% 4W 363 399 10% 5% Negative CV 281 355 26% Growth Negative ORV 87 96 10% Growth Tractors 215 289 34% 9% Note: Pricol Growth is estimated on V
Slide 5: Standalone Financials at a Glance – Q2 FY 17-18 & H1 FY 17-18
STANDALONE FINANCIALS AT A GLANCE – Q2 FY 17-18 & H1 FY 17-18 ₹ in Million Quarter Ended Half Year Ended Particulars 30.09.2017 30.09.2016 30.09.2017 30.09.2016 Unaudited - Ind AS Net Sales 3043.9 3398.9 5793.8 6646.6 Total Income (Net of Excise Duty) 3184.0 3539.7 6112.3 6919.3 Earnings before Inte
Slide 6: Leverage – Standalone
LEVERAGE – STANDALONE ₹ in Million Standalone - H1 FY 17-18 Particulars FY 2017-18 FY 2016-17 Long Term Borrowings 200.00 316.67 Short Term Borrowings 1043.58 766.81 Debt [A] 1243.58 1083.47 Equity [B] 8448.92 8327.66 EBITDA [C] 576.74 1367.92 Principal Repayment + Interest [D] 143.82 261.60 Debt/Eq
Slide 7: Company Outlook for FY 2017-18
Company Outlook for FY 2017-18 • For comparison purposes, revenues are expected to grow at 18% this year excluding Speed Limiting Device revenues • Even after including last year’s Speed Limiting Device revenues, Pricol is expected to grow at 1 % compared to previous year REVENUE BREAKUP – PRODUCT G
Slide 8: Pricol Wiping Systems
Pricol Wiping Systems • PMP Acquisition was completed in August 2017 • Integration is in progress • Expected to add revenues of more than INR 3750 Million in FY 2017-18 Slide # 8
Slide 9: Oxygen Sensor – Technology Agreement with Kerdea
Oxygen Sensor – Technology Agreement with Kerdea • Signed an Exclusive licensing agreement with Kerdea Technologies for Oxygen (O2) Sensor expanding sensor portfolio be ready for the upcoming Bharat Standard (BS)- VI Emission Regulations • Post the rollout of BS-VI norms by 2020, Pricol is expecting
Slide 10: Partnership with ACHR
Partnership with ACHR • An exclusive agreement with Wenzhou Huirun Electrical Machinery Co., Ltd for technical collaboration and, supply and production of Fuel Pump and Fuel Pump Modules in India • Support Pricol Limited with product & process technologies for opportunities arising in all segments l
Slide 11: Joint Venture with Zorg Industries
Joint Venture with Zorg Industries • Joint-Venture for the Manufacture and Supply of Parking Assistance Systems. • Reverse Parking Sensors will become a mandatory feature for all passenger cars manufactured after July 2019 • An initial production capacity of 1 Million units • Shareholding of 60% and
Slide 12: Pricol do Brasil
Pricol do Brasil • Restructuring is nearing completion and the plant is moved to a new location. Commissioning of machines and customer validations have been completed successfully. The new factory will be fully operational from end Nov 2017 • Investment of USD 7 Million (Employee Severance - USD 5
Slide 13: Pricol Limited: Vision 2020
Pricol Limited : Vision 2020 Vision 2020 Joint Organic Growth Venture/Technology Inorganic Growth Partnership 4 more greenfield O2 Sensors Telematics plants Park Assist Systems Automotive Sensors Fuel Pump Module Wiping Systems Hydraulics Slide # 13
Slide 14: > PASSIONATE
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