Sandhar Technologies Ltd. · NSE:SANDHAR
Sandhar Technologies — Q4 FY23 Earnings Presentation
28 slides from Sandhar Technologies's earnings presentation, May 26, 2023
Slide 1: Regulation 30 intimation to stock exchanges
Ref: STL/SE/2023-2024/Regulation 30/12 Dated: 26th May, 2023 To, To, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, C-1, G-Block, Bandra-Kurla Complex Mumbai – 400 001 Bandra, (E), Mumbai – 400 0051
Slide 2: Investor Presentation Q4 FY'23 & FY 2022-23
INVESTOR PRESENTATION Q4 FY’23 & FY 2022-23
Slide 3: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), has been prepared by Sandhar Technologies Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not
Slide 4: Key Highlights - FY 2022-23
Key Highlights - FY 2022-23 (fig. in ₹ Crs.) Consolidated EBITDA EBT PAT TOTAL INCOME 25% 23% 23% 32% 2,921 262 100 74 2,331 213 81 56 9.0% 9.1% 3.5% 3.4% 2.5% 2.4% FY 22-23 FY 21-22 FY 22-23 FY 21-22 FY 22-23 FY 21-22 FY 22-23 FY 21-22 Standalone TOTAL INCOME EBITDA EBT PAT 24% 27% 32% 36% 114 84 2
Slide 5: Key Highlights – Q4, FY'23
Key Highlights – Q4, FY’23 (fig. in ₹ Crs.) Consolidated EBITDA EBT PAT TOTAL INCOME 12% 14% 12% 40% Standalone TOTAL INCOME EBITDA EBT PAT 5% 8% 14% 21% 4 All Rights Reserved @ Sandhar 2023
Slide 6: Category & Product wise Revenue - FY 22-23 & Q4, FY'23
Category & Product wise Revenue - FY 22-23 & Q4, FY'23 Category wise Revenue* Share (₹ 2,909 Crs.) Product Wise Revenue Share (%) 19.2% 19.4% 14.9% 15.2% 13.5% 14.2% 13.7% 13.6% 12.5% 12.3% Overall 2W PV OHV CV Others* 10.5% 9.2% FY 2022-23 2,909 1,615 588 465 68 173 7.6% 7.9% 8.1% 8.2% Share in % 5
Slide 7: Financial Information & Recent Updates
FINANCIAL INFORMATION & RECENT UPDATES 6
Slide 8: Profit & Loss Statement – Consolidated
Profit & Loss Statement – Consolidated (fig. in ₹ Crs) Particulars Q4 FY 23 Q4 FY 22 YoY (%) Q3 FY 23 QoQ (%) FY 22-23 FY 21-22 YoY(%) Total Income 771.10 685.49 12.5% 724.73 6.4% 2921.40 2330.68 25% Expenses Cost of materials 475.07 431.59 10.1% 445.80 6.6% 1826.87 1415.84 29% Labour cost 58.73 50.
Slide 9: Profit & Loss Statement – Standalone
Profit & Loss Statement – Standalone (fig. in ₹ Crs) Particulars Q4 FY 23 Q4 FY 22 YoY (%) Q3 FY 23 QoQ (%) FY 22-23 FY 21-22 YoY(%) Total Income 601.38 573.93 4.8% 602.39 -0.2% 2409.76 1946.17 24% Expenses Cost of materials 405.42 394.03 2.9% 399.88 1.4% 1638.17 1308.71 25% Labour cost 42.96 39.28
Slide 10: Balance Sheet
Balance Sheet (fig in ₹ Crs) Consolidated Standalone Particulars 31-Mar-2023 31-Mar-22 31-Mar-2023 31-Mar-22 Consolidated Standalone Application of Funds Inventory Holding Period Inventory Holding Period (In Days) Gross Fixed assets 1,858.47 1,523.16 1,081.14 1,033.24 Less: Acc. Depreciation 571.74
Slide 11: Cash Flow Statement
Cash Flow Statement (fig in ₹ Crs) Consolidated Standalone Particulars Mar'23 Mar'22 Mar'23 Mar'22 Cash Flows from Operating Activities Profit before tax 100.36 81.44 113.95 86.32 Depreciation and amortization expense 121.52 100.03 84.44 74.26 Other adjustments 34.33 28.68 13.20 8.02 Operating profi
Slide 12: Key Ratios – Standalone – FY 2022-23
Key Ratios* – Standalone – FY 2022-23 * Calculated as per the CARO Requirement Prescribed for annual reporting. 11 All Rights Reserved @ Sandhar 2023
Slide 13: Sandhar's EV Readiness and Product Profile
Sandhar’s EV Readiness and Product Profile 12 All Rights Reserved @ Sandhar 2023
Slide 14: EV Products Under Development
EV Products Under Development DC-DC Converter MCU Off Board Charger Motor Controller Unit DC-DC Converter (MCU) Off Board Charger • Range: 5A, 10A, 15A, 20A • Range: 1kW, 1.5kW, 2kW, 4kW, • Range: 750W, 1.25 kW, 3.3 kW • Non-isolated / Isolated 6kW • Max Charging Current: 12A, • Protections : I/P un
Slide 15: Product Road Map – DC-DC Converter
Product Road Map – DC-DC Converter 55A & 65A @ 48V – 96V (Non-Isolated & Isolated) 1. 25A & 30 A @ 48V – 96V (Non-Isolated & Isolated) 2. Microcontroller Based with CAN 25A & 30 A (Non-Isolated & Isolated) 10A (Non-Isolated 10A & 15 A ( Isolated) 14 All Rights Reserved @ Sandhar 2023
Slide 16: Product Road Map – Motor Controller
Product Road Map – Motor Controller 50KW to 80KW @ 360V,650V 90KW to 160KW @ 360V to 850V 22KW & 30KW @ 96V, 144V 4KW & 6KW @ 96V & 9KW & 16KW @ 72V, 96V & 144V Inbuilt DC – DC Convertor & 12V / 5A Sensor Less MCU 15 6KW & 9KW @ 96V All Rights Reserved @ Sandhar 2023
Slide 17: Product Road Map – Battery Charger
Product Road Map – Battery Charger 3300 W @ 48V-72V DC fast Charger OFF Board 1250 W @ 48V & 72 V & On Board Charger OFF Board & On Board Charger 900 W @ 48V – 72 V OFF Board Battery Charger 750 W @ 48V & 72V OFF Board Battery Charger 16 All Rights Reserved @ Sandhar 2023
Slide 18: Products Supplying to EVs – Two Wheelers
Products Supplying to EVs 2 Wheelers Booma Innovative Anav 1200 450 X Zeal Magnus D15 I Qube Smart Seat Flap door Products Lock Latch Lock 4 in1 lock Plastic Mirror Ignition Cam Seat Seat Lock Components Assembly Lock Lock 17 All Rights Reserved @ Sandhar 2023
Slide 19: Products Supplying to EVs – Commercial Vehicles
Products Supplying to EVs Commercial Vehicles Alfa E mini Treo Yari Treo Zor ACE EV Mirror Assembly Products Key-set Assembly 18 All Rights Reserved @ Sandhar 2023
Slide 20: Status of New Projects
Status of New Projects 19 All Rights Reserved @ Sandhar 2023
Slide 21: Status of New Projects as on 31st March 2023
Status of New Projects as on 31st March 2023 Business Land & Building S. No. Name of Company Location Status Products Division Status 1 Sandhar Technologies Limited Nalagarh, (HP) Leased Muffler and frame for two wheelers 2 Halol, (Guj) Leased Guard Saree, Chain case and fender Sandhar Engineering P
Slide 22: Sandhar Engineering Mysore – Sheet Metal Project
Sandhar Engineering Mysore – Sheet Metal Project Products Building 3D View Muffler Fuel Tank Swing Arm Frame 21 SOP:- June-23 All Rights Reserved @ Sandhar 2023
Slide 23: Sandhar Engineering Mysore – Sheet Metal Project
Sandhar Engineering Mysore – Sheet Metal Project 22 SOP:- June-23 All Rights Reserved @ Sandhar 2023
Slide 24: Machining Project – Mysore
Machining Project – Mysore 23 All Rights Reserved @ Sandhar 2023
Slide 25: Machining Project – Hosur
Machining Project – Hosur 24 All Rights Reserved @ Sandhar 2023
Slide 26: Sandhar Engineering Attibele – Sheet Metal Project
Sandhar Engineering Attibele – Sheet Metal Project Products Plant Inside View Muffler Frame 25 Dispatches started All Rights Reserved @ Sandhar 2023
Slide 27: Romania Project
Romania Project Major Products Supports Brackets Pivots Status – SOP - 27th December 2022 26 All Rights Reserved @ Sandhar 2023
Slide 28: Thank You
THANK YOU Sandhar Technologies Limited Corporate Office: Plot No. 13, Sector 44, Gurugram-122001, Haryana- India CIN: L74999DL1987PLC029553 Website: www.sandhargroup.com Email: investors@sandhar.in (For Retail Investors) Investor.relations@sandhar.in (For Institutional investors) 27 All Rights Reser