Slide 1: Q2 FY2014 Result Update
Q2 FY2014 Result Update October 2013
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Balkrishna Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Standalone – Tire Business: Financial Highlights – Q2 FY2014
Standalone – Tire Business : Financial Highlights – Q2 FY2014 Rs.Crs Q2 FY14 Q2 FY13 YoY % Q1 FY14 H1 FY14 H1 FY13 YoY % Sales (MT) 33,145 37,152 34,941 68,086 74,153 Net Sales 830 881 807 1,638 1,701 Other Operating Income 9 4 8 18 6 Revenue 840 885 -5% 816 1,655 1,707 -3% Raw Material 401 558 415
Slide 4: Standalone – Tire Business: Balance Sheet – Q2 FY2014
Standalone – Tire Business : Balance Sheet – Q2 FY2014 Rs. Crs. Sep-13 Mar-13 Rs. Crs. Sep-13 Mar-13 Shareholder’s Fund Non-current assets Share capital 19 19 Fixed assets 2,611 2,223 Reserves & Surplus 1,610 1,400 Long-term loans and advances 286 279 Non-current liabilities Non-current investments
Slide 5: On-going Expansion at Manufacturing Facilities
Manufacturing Facilities Tire manufacturing facility Aurangabad, Maharashtra Bhiwadi, Rajasthan Existing Chopanki, Rajasthan Bhuj, Gujarat Mould Manufactuirng Unit Dombivali, Maharashtra On-going Expansion at Ramp up to take place in a phased manner as below • FY 13 – 10,000 MT • FY 14 –
Slide 6: Volume Trend
Volume Trend 37,152 34,061 34,941 33,145 30,125 Q2 FY13 Q3 FY13 Q4 FY13 Q1 FY14 Q2 FY14 In MT 6
Slide 7: One-stop shop for off highway tires
One-stop shop for off highway tires Sales Volume : Q2 FY2014 Agriculture Others, 3% Tractors, Trailers, Farm equipments OTR, 34% OTR Industrial, Construction & Earth Mover tires Agriculture , 63% Others Sports, Utility vehicles, All Terrain Vehicles Agriculture OTR Others 7
Slide 8: Presence in various sales channels
Presence in various sales channels Q2 FY2014 Q2 FY2013 Suppliers to leading OEMs OEMs, OEMs, 19% 13% Off- Off- Take, Take, 4% 4% Distrib Distrib utors, utors, 83% 77% Distributors Caters to replacement market Strong global network • Well diversified global distributor network Expanding market
Slide 9: Roadmap for future growth
Roadmap for future growth 6 Increase in production 5 capability Sustainable Business Growth Increase Expansion of exposure with OEMs production 4 capacities Improvement in Expanding OEM Operating Base Efficiency 3 Focus on cost management New Product Introduction 2 All steel radial mining ty
Slide 10: Demand Drivers
Demand Drivers Improving U.S. economy Growing pace of activity in emerging markets Rising demand for OTR tyres Increasing brand acceptance among OEMs 10
Slide 11: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : Balkrishna Industries Ltd. Strategic Growth Advisors Pvt. Ltd. Mr. B K Bansal, Director - Finance Ms. Swapnil Misra / Mr. Gaurang Vasani bkbansal@bkt-tires.com mswapnil@sgapl.net / vgaurang@sgapl.net www.bkt-tires.com w