Sterling Tools Limited · NSE:STERTOOLS
Sterling Tools — Q4 FY2022 Earnings Presentation
26 slides from Sterling Tools's earnings presentation, May 18, 2022
Slide 1: Cover letter to NSE and BSE
By NEAPS By Listing Centre National Stock Exchange of India Limited General Manager “Exchange Plaza”, BSE Limited Bandra–Kurla Complex, Bandra (E) 1st Floor, P. J. Towers Mumbai-400051 Dalal Street Mumbai – 400001 Security Code No.: STERTOOLS Security Code No.: 530759 Date: 18th May, 2022 Ref.: STL/
Slide 2: Sterling Tools Ltd Investor Presentation
STERLING TOOLS LTD 1 Investor Presentation Investor Presentation
Slide 3: Table of Contents
1 About Sterling Tools Ltd 03 TABLE OF CONTENTS 2 History & Milestones 04 3 Board of Directors 05 4 Mission & Vision 06 5 Fasteners Business 07-12 6 Electric Vehicle Auto Components Business 13-18 7 Financial Summary 19-22 8 CSR 23
Slide 4: About Sterling Tools Ltd (STL)
About Sterling Tools Ltd (STL) 1 STL is the 2nd largest automotive fastener manufacturer in India since last 4 decades 1 Well diversified presence across all automotive segments and customers 2 Strategically located 4 Manufacturing facilities- 3 in North India (Faridabad) and 1 in South India (Banga
Slide 5: History & Milestones
History & Milestones SGEM secured Swaraj Tractors an order Eicher Group worth INR Fourth 600 mn for Punjab Tractors Third Plant- MCUs from a Incorporation as a Pvt Ltd Escorts Plant- Prithla Bangalore leading Indian Company Hero (Palwal) Plant e2W OEM 1982-1999 2004 1979 1981 1999 2019 2020 2021 202
Slide 6: Board Of Directors
Board Of Directors Mr. Manohar Lal Aggarwal Mr. Anil Aggarwal Chairman Emeritus Chairman-cum Managing Director 38+ years of experience Expertise in Manufacturing, Project management, Administration, Product and Project development and Quality control for auto components Mr. Atul Aggarwal Dr. Triloki
Slide 7: Our Mission and Vision
Our Mission and Vision Vision We provide reliable and superior quality auto components to our customers by harnessing best-in-class manufacturing practices, clean and green technology, 360 Degree entrepreneurial spirit, and passion of our people Achieving • Be the most trusted brand for our customer
Slide 8: Fasteners Business
Fasteners Business ee Terene®
Slide 9: Product Range- Fasteners
Product Range- Fasteners Bolts and Screws Nuts Size : M5 to M24 and equivalent inch series M6 to M 22 and equivalent inch series Lengths: 8 mm to 250 mm Engine / Special Fasteners Standard / Chassis Fasteners Chassis Engine Special Standards Fasteners Fasteners Fasteners Indian German Japanese Ameri
Slide 10: Pan India Presence- Fasteners
Pan India Presence- Fasteners Haridwar Gurugram (3 locations) Udham Singh Nagar Wire Drawing Unit- Faridabad Prithla Plant, Distt.-Palwal Faridabad (3 locations) Mehsana DLF Plant, Faridabad Ahmedabad Pithampur Nagpur Nasik Zahirabad Bhiwandi Altible Pune Puzhal Warehouse- 16 Bangalore Manufacturing
Slide 11: Manufacturing Facilities
Manufacturing Facilities DLF Plant, Faridabad Wire Drawing Plant, Faridabad Prithla Plant, Palwal Bangalore Plant 10 Investor Presentation Strictly Confidential
Slide 12: Key Clientele- Fasteners
Key Clientele- Fasteners Passenger Vehicles Two Wheelers Farm Equipment Commercial Vehicles Exports Railways/Construction STRONGHOLD Aftermarket Strong Pan-India presence with 100 Distributors 11 Investor Presentation Strictly Confidential
Slide 13: Well Diversified Revenue Mix
Well Diversified Revenue Mix Channel-wise Mix Segment-wise Mix 75% 22% 19% 18% 10% 17% 15% 10% 14% OEM Exports Replacement 2W PV CV Farm equipment & Off-road Retail Exports 12 Investor Presentation *Data as on FY22 12 Investor Presentation Strictly Confidential
Slide 14: Electric Vehicle Auto Components Business
Electric Vehicle Auto Components Business
Slide 15: Sterling Gtake E-mobility Ltd. (SGEM)
Sterling Gtake E-mobility Ltd. (SGEM) 1 Partnership between Sterling Tools and Jiangsu Gtake of Shenzhen (China). 2 Gtake is a technology leader in motor control units for electric and hybrid vehicles and has a dominant market share in the electric CV space in China. 3 The agreement calls for the co
Slide 16: About Motor Control Unit (MCU)
About Motor Control Unit (MCU) A Motor Control Unit (MCU) is an electronic module that interfaces with the Motor 1 as well as the Battery Pack to control the electric vehicle’s speed, acceleration and range based on the throttle input. MCUs are one of the most important components of an EV and requi
Slide 17: SGEM Product Portfolio
SGEM Product Portfolio Product: D00 Product: D06 Product: D03 Application: Low Speed Scooter Application: High Speed Scooter Application: Performance Scooters & 3W Product: D04 Product: G05 Product: G02 Application: Light Commercial Vehicles Application: Passenger Vehicles Application: Heavy Commerc
Slide 18: SGEM – Performance & Future Plans
SGEM – Performance & Future Plans 1 SGEM has production orders from 10 EV OEMs. FY23 total order book is at > INR 1,750mn. SGEM is in advanced stages of discussions with 30 more automobile (EV) OEMs for their MCU requirements for different vehicle segments, 2 including two-wheelers, three-wheelers,
Slide 19: Sterling Group EV Vision
Sterling Group EV Vision Battery / BMS AC/DC chargers / OBC Motor Motor Controller 18 Investor Presentation Strictly Confidential
Slide 20: Financial Summary
Financial Summary ee Terene®
Slide 21: Standalone Yearly Financials
Standalone Yearly Financials REVENUE EBITDA % & EBITDA MARGIN % Rs. In Mn 6,000 5,186 21.0% 17.8% 18.2% 18.9% 15.4% 5,000 4,585 4,746 Margin 4,000 3,703 3,581 1,200 1,000 963 923 733 3,000 800 675 675 2,000 600 400 1,000 200 0 0 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 PBT & PBT MARGIN% PAT
Slide 22: Standalone Yearly Financials
Standalone Yearly Financials NETWORTH Net Debt/Equity (x) Rs. In Mn 0.40 3,631 0.34 4,000 3,346 0.35 3,087 3,500 2,842 0.30 3,000 0.23 0.25 2,480 0.25 2,500 0.21 0.20 2,000 0.15 1,500 0.10 1,000 0.05 500 - 0 FY18 FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 ROE % & ROCE % GROSS BLOCK 5,000 4,719 4,124 4,
Slide 23: Standalone Quarterly Financials
Standalone Quarterly Financials REVENUE EBITDA & EBITDA Margin (%) Rs. In Mn 1,600 1,395 17.7% 15.9% 17.8% 15.1% 13.3% 1,400 1,277 1,286 1,200 1,161 Margin 250 227 228 1,000 904 200 176 185 800 150 144 600 100 400 50 200 0 0 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 PBT &
Slide 24: CSR- Giving Back To The Society
CSR- Giving Back To The Society • Transformed the lives of 15 deaf children through Cochelar Surgery conducted by Health Chiranjiv Medical Foundation. INR 23.75 mn • Supported 588 Children under Childhood Cancer care through Cankids-in partnership with Safdarjung Hospital. • Provided benefit to 1365
Slide 25: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the "Presentation") have been prepared by Sterling Tools Ltd (the "Company") solely for informational purposes and do not constitute an offer, recommendation, or invitation to purchase or subscribe for any securities, and shall not
Slide 26: Sterling Tools Limited
Sterling Tools Limited Mr. Pankaj Gupta (CFO) / Mrs. Vaishali Singh (CS) Contact No : +91 99717 88441 / +91 99115 10001 E-mail : Pankaj.gupta@stlfasteners.com / vaishalis@stlfasteners.com Add : Unit No: 515, DLF Tower–A, Jasola District Center, New Delhi- 110025 S-ancial Technologies Pvt Ltd Mr. Vij