Slide 1: NSE filing cover letter
15th September, 2023 To, The Manager- Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G-Block, Bandra- Kurla Complex, Bandra (E) Mumbai 400 051, India Series EQ & Symbol: SINTERCOM Subject: Investor Presentation Dear Sir/ Madam, Please find enclosed herewith
Slide 2: Sintercom India Ltd. Investor Presentation August 2023
Sintercom India Ltd. Investor Presentation- March 2021 INVESTOR PRESENTATION AUGUST 2023
Slide 3: Company Overview
~ QD Sowrercoy Company Overview
Slide 4: Company Overview
Company Overview • Established in 2007, Sintercom India Limited is the leading automotive sintered components manufacturer located in Pune, India. Revenue (INR Mn) & EBITDA Margins (%) 822 • The Company has integrated manufacturing facilities and has increased its capacity from 1,980 MTPA to 3,600 M
Slide 5: Miba Overview
Miba Overview Manufacturing Prowess Global Footprint Financial Strength Powder Metal Process Expertise Revenue* Added Value Sintered Components 971 WORLDWIDE (in EUR million) • Comprehensive Advice 30 PRODUCTION SITES • Design and Validation 7,400 EMPLOYEES 7366 Employees • Choice Of Material Engine
Slide 6: Milestones
Milestones Managing Director Conversion of Conversion of forged Mr. Jignesh Raval has Stainless Steel Forged to Sintered to sintered Shift won “Male Hego Boss rings in CV Tower Components in Entrepreneur of the Conversion of segment and PV segment and The company listed Year Award” by IPF Forged to
Slide 7: Sintercom Technology Roadmap
Sintercom Technology Roadmap SINTERCOM – PIONEER IN SINTERING TECHNOLOGY IN INDIA INTRODUCTION OF SINTER HARDENING TECHNOLOGY IN INDIA DEVELOPMENT OF SS HIGH CONVERSION OF FORGED RINGS TEMPERATURE SINTERING TO SINTERED – A FIRST IN INDIA CONVERSION OF FORGED DEVELOPMENT OF DENSCOMP SPROCKETS TO SINT
Slide 8: Vision, Mission, Values and Strength
Vision, Mission, Values and Strength • Global leadership in sintering business by providing innovative technology for processes & people • Increase sinter component leverage in an automobile up to 10 kgs. per vehicle Our Vision • Innovation in Motion –Technologies for a Cleaner Planet and • Improve
Slide 9: Board of Directors
Board of Directors Hari Nair, Chairman Jignesh Raval, Managing Director • Member of Board active since 2015 • 25+ years of experience at Tenneco, COO at Tenneco for 5 years, • Member of Board & Managing Director CEO at Anitar Investments, M&A Consultant at NM Rothschild & active since 2007 Sons, Mem
Slide 10: Management Team
Management Team Jignesh Raval, Managing Director • Member of Board & Managing Director active since 2007 • 9 years of experience at Tenneco Inc as Executive Director, GSCM 25+ years of experience in the automotive industry • Degree in Engineering Nikhil Chavan, Head – Sales & Marketing Pankaj Bhataw
Slide 11: Awards & Recognitions
Awards & Recognitions Mr. Jignesh Raval has won “Male Entrepreneur of the Year Award” by IPF Industrial Excellence Awards 2020 Business Excellence Award for “Best Supplier - Make in India” awarded by Dun & Bradstreet during the year 2019-20. Appreciation from Maruti Suzuki for VAVE Appreciation from
Slide 12: What is Sintering and Advantages
What is Sintering and Advantages • Sintering is a heat treatment commonly used to increase the strength and structural integrity Sintering Casting of a given material. The temperature used for sintering is below the melting point of the major constituent of the Powder Metallurgy material. After comp
Slide 13: Sinter – A Green Technology
Sinter – A Green Technology Minimal material wastage and energy consumption 100 90 80 70 60 Material wastage % 50 40 Energy consumption 30 MJ per kg finished product 20 10 0 MACHINING HOT DROP COLD OR SAND OR SINTERING PROCESSES FORGING WARM EXTRUSION DIE CAST Source: Powder Metallurgy Review, July
Slide 14: Manufacturing Process
Manufacturing Process Tool Design Sintering/ √ Compacting Sinter Hardening Re-pressing Surface Densification Machining Heat/steam Treatment, Packing and shipping Tapering (optional) Deburring, etc. Premix Powder Responsible Use of Resources Raw Material Intensity 1,04 kg Raw Material/kg Product Meta
Slide 15: General Production Process Flow
General Production Process Flow Every Process stage has been linked with SAP for traceability and monitoring Sintering / Sinter Tool Design RM Receipt RM Checking Compaction Tempering Hardening General Production Process Flow Final Inspection & Induction Machining Heat Treatment Packing Hardening (I
Slide 16: Manufacturing Facilities
Manufacturing Facilities Tool Design RM Checking Compaction Sintering / Sinter Hardening Final Inspection & Packing Machining (I/H & O/S) Sintercom India Limited Investor Presentation 15
Slide 17: Client List
Client List Sintercom Clientele: Q1-FY24 Client-wise Revenue Bajaj Auto Limited, Miba Clientele: 15.34% Mahindra & Mahindra, 46.35% Bhavani Industries 2.41% PSA, 0.72% Schaeffler, 9.16% Dana Graziana (Off Road), 0.65% Others, 2.43% Maruti Suzuki Limited, 22.94% Sintercom India Limited Investor Prese
Slide 18: Business Overview
~ QD Sowrercoy Business Overview
Slide 19: Business Portfolio
Business Portfolio Bearing Cap Cam to Cam Back Lash Gears Liquid Dispensing Metering Chain Sprockets INDUSTRIAL Parts ENGINE PRODUCTS GOODS Belt Pulleys Synchro Rings Mass Balancer Assembly TRANSMISSION ELECTRIC VEHICLES BODY Synchroniser Hubs CHASIS Electric Power Steering Q1-FY24 Segment-wise Reve
Slide 20: Engine
Engine • The engine product portfolio includes BEARING CAP - A bearing cap is the part of the CAM TO CAM BACKLASH GEARS - Designed to engine drive gears, chain sprockets, engine block which contains the main bearings of reduce the free play/backlash between the belt pulleys, and engine shaft bearing
Slide 21: Transmission
Transmission • The product portfolio includes synchro hubs, INTERLOCK FINGER - Interlock Finger works in REVERSE SYNCHRO HUB - Component is used for pre- synchro rings, and drive-train gears. alignment with Shift finger & Block Shift actuator in synchronization, i.e., it generates the load on the •
Slide 22: Body/Chassis
Body/Chassis OXYGEN SENSOR BOSS - Interlock Finger works FLANGE TYPE SENSOR BOSS - High-density stainless-steel bosses are manufactured for a • The company produces components of in alignment with Shift finger & Block Shift actuator in the gear shifting mechanism. variety of applications including t
Slide 23: Industrial Goods
Industrial Goods • LIQUID DISPENSING METERING PARTS – • SYNCHRO RINGS – The purpose of the These are very integral for any unit to synchronizer ring is to produce friction torque determine exact quantity of Fuel dispensed. in order to decelerate/accelerate the shaft All types of fuels pass thru the
Slide 24: Electric Vehicle Components under Development
Electric Vehicle Components under Development • The company is in the development stage for manufacturing of components required in Electric Vehicle. • In addition to this, it is also equipped to offer soft magnetic composite (SMC) components and assemblies for applications in modern electric motors
Slide 25: New Technology
New Technology EV Application: SMC : Soft Magnetic Composites (SMC) part’s Structural Parts ▪ Compact design ▪ Ready to Mount Helical Gears : ▪ Integrated ▪ Complex Shape ▪ High Performance ▪ Helix Tooth profile ▪ Cost efficiency ▪ High performance ▪ Flexible design ▪ Good NVH Behavior Modular desig
Slide 26: Manufacturing Metrics
Manufacturing Metrics Capacity Utilization (MTPA) Product Mix 3,600 3,600 3,600 60% 60% 60% 60% 1,790 1,360 976 900 447 40% 40% 40% 40% FY21 FY22 FY23 Q1-FY24 FY21 FY22 FY23 Q1-FY24 Utilisation Capacity Diesel Gasoline OEM wise Sourcing Segment Wise Revenue (INR Mn) 20.67 10.36 15.46 3.23 240.85 309
Slide 27: Industry Overview & Future Growth Opportunities
Industry Overview & Future Growth Opportunities 26
Slide 28: Auto Industry
Auto Industry • India is the third-largest automotive market, with 5.06 million units combined produced in the passenger and commercial vehicles Automobile production trend (in Mn) categories in 2022-23. • The two wheelers segment dominate the market in terms of volume owing to a growing middle clas
Slide 29: Auto-ancillary Industry
Auto-ancillary Industry • The Indian auto-components industry has experienced healthy growth over the last few years. The auto component industry is projected to record US$ 200 billion in revenue by 2026. As per the Automobile Component Manufacturers Association Aggregate Turnover (US$ billion) (ACM
Slide 30: Sintering Technology Future Opportunities
Sintering Technology Future Opportunities Process Application Sintering Automotive • Powder metal is compacted into net shape using die tooling • Engine: Gears, Sprockets, Rotors, Pulleys, Spacers • Compacted components are then sintered into furnaces at high temperatures • Transmissions: Synchro Hu
Slide 31: Future Business Strategy & Growth Drivers
Future Business Strategy & Growth Drivers Key Business Strategies: • Enhancing our customer base: Continue to enhance OEM network and work closely with OEM customers to develop new products for Market Size PV their vehicles and marketing and branding and further intend to widen the sales network to
Slide 32: The Road to Fuel Efficiency & CO2 Compliance – Regulatory Landscape
The Road to Fuel Efficiency & CO2 Compliance – Regulatory Landscape Markets starting to align below a nominal 100g/km NEDC equivalent creating significant cost challenges for OEM’s China: 164 g/km in 2015 China government policy attempts to force 150 compliance and cement a position of global compet
Slide 33: Financial Overview
~ QD Sowrercoy Financial Overview
Slide 34: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 Q1-FY24 Revenue from Operations 472 599 822 190 Expenses 438 545 708 159 EBITDA 34 54 114 31 EBITDA Margins (%) 7.20% 9.02% 13.87% 16.32% Other Income 5 1 1 0 Finance cost 39 29 33 9 Depreciation and amortisation expenses 62 71 79 20 Pr
Slide 35: Balance Sheet
Balance Sheet Equity and Liabilities (INR Mn) FY21 FY22 FY23 Assets (INR Mn) FY21 FY22 FY23 Share Capital 255 265 275 Non-current assets Reserves and Surplus 782 731 721 Fixed assets Total Equity 1,037 996 996 Property, Plant & Equipment 740 729 703 Non Current Liabilities Other Intangible assets 13
Slide 36: Capital Market Data
Capital Market Data 1 Year Stock Price Return (As on 30th June, 2023) 60% 50% 40% 30% 20% 10% 0% -10% -20% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Sintercom Nifty Smallcap 250 Price Data (As on 30th June, 2023) Shareholding Structure (As on 30th June, 2023
Slide 37: Disclaimer
Disclaimer Sintercom India Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all ev
Slide 38: Thank You!
~ QD Sowrercoy