Slide 1: Investor Presentation Q4 FY24 exchange cover letter
ATL/ SEC/21 May 15, 2024 The Secretary, The Secretary, National Stock Exchange of India Ltd., BSE Ltd. Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400001. Mumbai - 400 051 Sub: Investor Presentation-Q4 FY24 Dear Sirs, Pursuant to Regulation 30(
Slide 2: Earnings Presentation | Q4 FY24
Earnings Presentation | Q4 FY24
Slide 3: Disclaimer
Disclaimer These materials have been prepared by Apollo Tyres Limited together with its subsidiaries (the “Company”), are for informational purposes only and do not constitute a prospectus or an offer document, or form part of an offer, solicitation or invitation of any offer to purchase or subscrib
Slide 4: Consolidated Financial Snapshot
Consolidated Financial Snapshot Q4 FY24 Financial Performance FY24 Financial Performance Revenue EBITDA* EBITDA Margins* Revenue EBITDA* EBITDA Margins* INR 62,582 Mn INR 10,280 Mn 16.4% INR 253,777 Mn INR 44,473 Mn 17.5% Y-o-Y Y-o-Y Y-o-Y Y-o-Y Y-o-Y Y-o-Y +0.2% +3% +44 Bps +3% +34% +404 Bps Net Pr
Slide 5: Performance Summary – FY24
Performance Summary – FY24 Revenue Revenue Mix Consolidated – Mix Consolidated FY24FY22 – YTD Consolidated Consolidated By Region Others, Revenue EBITDA 3% ~₹254 Bn ~₹44 Bn (17.5%) Europe1, 30% Capacity Utilization India Europe APMEA, 75% 76% 67% Note: 1. Europe Includes operations of ReifenCom Reve
Slide 6: Operating Highlights – India
Operating Highlights – India Q4 FY24 Revenue (₹ Mn) • On a YoY basis, overall volumes were up marginally, 43,662 43,874 helped by double digit growth in exports and mid single growth in replacement segment, particularly in TBR (+7%) and PCR (+10%) segments respectively. However, we witnessed double
Slide 7: Operating Highlights – Europe
Operating Highlights – Europe1 Q4 FY24 Revenue (€ Mn) • During the quarter, while PCT industry volumes were flattish, we had growth in volumes. More importantly, we witnessed growth of more than 7% in the UHP segment. 182 177 • Continuing with our premiumization journey, UHP mix for the quarter stoo
Slide 8: Consolidated Cash Flow & Balance Sheet Highlights
Consolidated Cash Flow & Balance Sheet Highlights Capex (₹ Bn) 8 Key Highlights 7 • FY24 Capex incurred was below guidance • Registered free cash flow generation, helped by improvement in operating performance and judicious capex spends FY23 FY24 • The gross debt during the period came down, thereby
Slide 9: Financial Statements
Financial Statements
Slide 10: Profit & Loss (Quarterly) – Consolidated
Profit & Loss (Quarterly) – Consolidated Particulars (₹ Mn) Q4 FY24 Q4 FY23 Q3 FY24 % Change - YoY % Change - QoQ Revenues 62,582 62,473 65,954 0.2% -5.1% Raw Material 33,024 35,370 35,192 Staff Cost 7,288 6,882 7,669 Other Costs 11,990 10,237 11,012 EBITDA 10,280 9,985 12,081 3.0% -14.9% EBITDA Mar
Slide 11: Profit & Loss (YTD) – Consolidated
Profit & Loss (YTD) – Consolidated Particulars (₹ Mn) FY24 FY23 % Change - YoY Revenues 2,53,777 2,45,681 3.3% Raw Material 1,36,631 1,46,371 Staff Cost 29,640 26,199 Other Costs 43,033 39,975 EBITDA 44,473 33,137 34.2% EBITDA Margin (%) 17.5% 13.5% Depreciation 14,778 14,191 Other Income 1,536 411
Slide 12: Profit & Loss (Quarterly) – Standalone
Profit & Loss (Quarterly) – Standalone Particulars (₹ Mn) Q4 FY24 Q4 FY23 Q3 FY24 % Change - YoY % Change - QoQ Revenues 43,874 43,662 43,319 0.5% 1.3% Raw Material 26,087 27,329 25,620 Staff Cost 2,755 2,678 2,831 Other Costs 8,187 6,692 7,028 EBITDA 6,845 6,964 7,840 -1.7% -12.7% EBITDA Margin (%)
Slide 13: Profit & Loss (YTD) – Standalone
Profit & Loss (YTD) – Standalone Particulars (₹ Mn) FY24 FY23 % Change - YoY Revenues 1,75,393 1,73,010 1.4% Raw Material 1,04,911 1,17,021 Staff Cost 11,087 10,259 Other Costs 28,429 24,620 EBITDA 30,966 21,109 46.7% EBITDA Margin (%) 17.7% 12.2% Depreciation 9,165 9,071 Other Income 1,358 751 EBIT
Slide 14: Thank you
For further details please feel free to get in touch with the IR team Himanshu Sharma Head – IR & Budgeting himanshu.sharma1@apollotyres.com Thank you