Jk Tyre & Industries Limited · NSE:JKTYRE
Jk Tyre & Industries — Q4 FY2024 Earnings Presentation
28 slides from Jk Tyre & Industries's earnings presentation, May 21, 2024
Slide 1: Investor’s Presentation – Q4FY24 & FY24
Investor’s Presentation – Q4FY24 & FY24
Slide 2: Company Overview
Company Overview
Slide 3: JK Tyre at a Glance
JK Tyre at a Glance Leading tyre manufacturing company in India with significant brand presence globally Q4FY24 Consolidated Financials ❖ Pioneer of radial technology in India and No. 1 in Truck/Bus Radial (TBR) INR 3,714 Cr. INR 497 Cr. INR 175 Cr. manufacturer YoY Growth 2% YoY Growth 28% YoY Grow
Slide 4: Strong Customer Connect and OEM Presence
Strong Customer Connect and OEM Presence.. Passenger Car Tractor Truck & Bus OTR 2-Wheeler 2-Wheeler – Electric 4
Slide 5: Management Team
Management Team Dr. Raghupati Singhania Chairman & Managing Director Anshuman Singhania Arun K. Bajoria Anuj Kathuria A. K. Kinra Sanjeev Aggarwal V. K. Misra Managing Director Director & President – Int. President - India Financial Advisor CFO Technical Director Dr. R. Mukhopadhyay A. K. Makkar Sri
Slide 6: Combined Installed capacity of about 34 million tyres/annum
Combined Installed capacity of about 34 million tyres/annum 1 Presence in Mexico (JK Tornel) Kankroli (Rajasthan) 3 Laksar (Uttarakhand) Bus/Truck Farm Others 2/3-Wheeler Bus/Truck Farm 1 1 Hidalgo Banmore (Madhya Pradesh) 1 1 Tultitlan Passenger (Radial) Azcapotzalco 3 1 Bus/Truck Passenger Others
Slide 7: Innovative products are conceptualized indigenously by strong R&D team
Innovative products are conceptualized indigenously by strong R&D team “Raghupati Singhania Centre of Excellence (RPSCOE), Mysore, Karnataka ✓ Asia's first and India’s foremost highly versatile and State-of-the-art Tyre / Elastomer Institute with over 200 R&D and Technology scientists working in JK
Slide 8: Digital marketing initiatives
Digital marketing initiatives Social Media Content Marketing Google My Business Widespread 1 Social Media Presence Content Oriented No.1 Tyre Brand on Facebook & Highly engaging brand videos 600+ Brand Shops listed at Google 2 Instagram with respect to and content reaching out to My Business and bei
Slide 9: Diversified product portfolio catering to consumers across segments
Diversified product portfolio catering to consumers across segments.. Portfolio of Products catering to full range of vehicle segments JK Tyre is first company in India to introduce Truck/Bus Radial Tyres Truck/Bus Truck/Bus LCV/SCV LCV/SCV Farm Passenger Car Radial Bias Radial Bias Radial & Bias Ra
Slide 10: JK Tyre is premiumizing products across its portfolio
JK Tyre is premiumizing products across its portfolio Truck/Bus Passenger ✓ Premiumization in both Radial & Bias categories ✓ Ultra-high-performance tyres “Levitas Ultra” ✓ Has vast range of fuel-efficient next generation ✓ Low resistance and noise level “Ranger HPe” premium SKUs like “Jetsteel JDC-
Slide 11: Backed by launch of various innovative products
Backed by launch of various innovative products.. Technologically advanced and eco-friendly tyres in line with market requirements TBR - JUH XF & JDH XF Puncture Guard Tyre Levitas Ultra (UHP) ✓ Fuel Saver Technology Design ✓ Self-repair multiple punctures ✓ Utmost Comfort ✓ Low RRC & Low Noise ✓ Ha
Slide 12: Complemented by new generation products
..complemented by new generation products Smart Tyres Puncture Guard Tyres Acquired smart tyre technology company in 2019 - First in India to launch Tyre Pressure Monitoring System (TPMS) based on sensor technology. Reduces fuel bills by Enhances tyre life increasing fuel efficiency Real time asset
Slide 13: Brand Accolades
Brand Accolades Recognised for “ET ICONIC BRANDS OF INDIA 2022” Conferred “SUPER BRANDS 2023” 13
Slide 14: Key Marketing Initiatives
Key Marketing Initiatives Grand Launch done at Key News Channels ‘Desh Ka Tyre – JK Tyre’ - an anthem, that brings alive REPUBLIC NETWORK | CNN NEWS 18 | INDIA TV & MANY MORE the idea of ‘India Meets India’ through a magnificent narrative. The idea stems from ‘Jab Hindustan Mile Hindustan Se’ - brid
Slide 15: Key Marketing Initiatives – Levitas Ultra (UHP Tyre)
Key Marketing Initiatives LEVITAS ULTRA (UHP TYRE) - Best in class ride quality & experience - Lowest cabin noise & high cornering stability - Shortest braking distance in dry & wet conditions - Speed Rating – W and Y with 5 star fuel savings Launch of “ The Levitas Ultra (Ultra High Performance) –
Slide 16: Mega Icon @ National Geographic Channel - Dr. Raghupati Singhania, CMD
Mega Icon @ National Geographic Channel - Dr. Raghupati Singhania, CMD
Slide 17: Establishing strong presence globally
..and establishing strong presence globally 800+ 30+ 1,300+ 138 67 6,000+ SKUs Mobility Customers Fleet Operators Dealers Distributors Dealers & Distributors 750+ 77 140+ Brand Shops Retread Centres Sales, Service & Stocking Points North & Latin Mexico America India 72 Distributors 63 Distributors A
Slide 18: Providing multiple growth verticals for the company
…providing multiple growth verticals for the company Revenue Mix by Market – Consolidated Exports 16% Exports 18% OEMs FY24 Q4FY24 23% Replacement OEMs Replacement 61% 22% 60% Revenue Mix by Product Line – Consolidated Others 13% Others 10% 2/3 Wheelers 2/3 Wheelers 4% 4% FY24 Truck and Bus Q4FY24 P
Slide 19: Financial Performance Highlights – JK Tyre (Consolidated)
Financial Performance Highlights – JK Tyre (Consolidated) Revenues (in Rs. Crores) EBITDA & PAT (in Rs. Crores) 16,000 14,681 15,046 2,500 16.0% 14.8% 2,122 14,000 14.1% 14.0% 12,020 2,000 12,000 12.0% 11.6% 10,000 9,145 1,349 9.2% 1,334 10.0% 8,753 1,500 1,110 9.1% 8,000 1,016 8.0% 1,000 811 6.0% 6
Slide 20: Q4FY24 Financial Performance Highlights
Q4FY24 Financial Performance Highlights Consolidated (Rs. in crore) Standalone (Rs. in crore) Particulars y-o-y y-o-y Q4FY24 Q3FY24 Q4FY23 Q4FY24 Q3FY24 Q4FY23 change change Turnover 3,714 3,700 3,645 2% 2,629 2,574 2,404 9% EBITDA 497 563 389 28% 346 373 231 50% Margin 13.4% 15.2% 10.7% +271 bps 13
Slide 21: FY24 Financial Performance Highlights
FY24 Financial Performance Highlights Consolidated (Rs. Crore) Standalone (Rs. Crore) Particulars y-o-y y-o-y FY24 FY23 FY24 FY23 change change Turnover 15,046 14,681 2% 10,349 9,649 7% EBITDA 2,122 1,334 59% 1,397 806 73% Margin 14.1% 9.1% +501 bps 13.5% 8.4% +514 bps PBDT (Cash Profit) 1,675 880 9
Slide 22: Strategy for Growth
Strategy for Growth Management remains fully committed to implement its strategy to further expand its market presence Strengthen Increase Product Maximizing Market Global Deleverage Portfolio Benefits of Position across Presence Balance Sheet Premiumization Acquisitions Segments 1. Focus on increas
Slide 23: Sustainability at JK Tyre
Sustainability at JK Tyre The Company strengthened its ESG initiatives around 5P’s sustainability platform Productivity (Resource Conservation) People (Safety Peace & & Wellbeing) Partnership 5Ps Sustainability* Poverty Protect (Standard of (Environment) living) * Conceptualized by JK Tyre 23
Slide 24: JK Tyre secured ‘Best in Class’ rating on ESG performance - CareEdge
JK Tyre secured ‘Best in Class’ rating on ESG performance - CareEdge JK Tyre’s ESG performance is driven by strong commitment and performance on majority themes to ensure ESG integration. JK Tyre ESG Score Vs. Avg. Industry Score 78 65 Industry Average Industry Best - JK Tyre Environment (89) – Long
Slide 25: Sustainability Initiatives at JK Tyre
Sustainability Initiatives at JK Tyre Sustainability initiatives & practices leading to resource conservation and manufacturing excellence Research & ▪ Usage of Bio sourced materials Development Led ▪ Higher usage of recycled material Product Development ▪ Continuous improvement in RRC (Rolling Resi
Slide 26: Sustainability Initiatives at JK Tyre (contd…)
Sustainability Initiatives at JK Tyre (contd…) Specific Power Consumption – Kwh / Kg Recognitions to our efforts 0.937 0.95 0.894 0.9 0.863 0.874 0.85 0.810 0.802 “Among the India’s top 30 Most Sustainable 0.783 0.781 companies, organized by Business World” 0.8 0.75 0.7 2016-17 2017-18 2018-19 2019-
Slide 27: Sustainability – Environment
Sustainability – Environment Safety – Reportable Incident (Nos.) Energy Consumption (GJ / Tonne) 27 22 17 11.24 10.70 10.26 10.36 9.50 9.38 8.95 8.70 6 5 4 4 3 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 All Plants a
Slide 28: JK Tyre & Industries Ltd. contact details
&K Skerry ree TOTAL CONTROL JK TYRE & INDUSTRIES LTD. HEAD OFFICE | REGISTERED OFFICE AND WORKS 3, Bahadur Shah Zafar Marg, | Jaykaygram, PO-Tyre Factory New Dethi-110002 | Kankroli - 313 342, Rajasthan T:491-11-66001112 « F: +91-11-23322059 | T: 02952-302400/330011 « F: 02952-232018 CIN:L67120RJ195
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