Slide 1: Covering letter to NSE: Earnings Presentation Q2/H1-FY24
22nd November, 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 Symbol: SINTERCOM Series: EQ Subject: Earnings Presentation Q2/H1-FY24 Dear Sir/ Madam, Please find enclosed
Slide 2: Sintercom India Ltd. Earnings Presentation Q2/H1-FY24
Sintercom India Ltd. Investor Presentation- March 2021 EARNINGS PRESENTATION Q2/H1-FY24
Slide 3: 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 (%) • The Company has integrated manufacturing facilities and has increased its capacity from 1,980 MTPA to 3,600 MTPA
Slide 4: 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 5: Client List
Client List Sintercom Clientele: H1-FY24 Client-wise Revenue Bajaj Auto Limited, Bhavani 6.75% Industries, 2.40% Miba Clientele: Mahindra PSA, 15.65% & Mahindra, 46.12% INA- Schaeffler /Catensys, 8.23% Dana Graziana (Off Road), Others, 0.52% 1.71% Maruti Suzuki Limited, 18.62% Sintercom India Limite
Slide 6: 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 H1- FY24 Segment-wise Rev
Slide 7: Key Financial Highlights
~ @D Sowexoy Key Financial Highlights
Slide 8: Key Financial and Operational Highlights
Key Financial and Operational Highlights Q2-FY24 Financial Performance Q2/H1- FY24 Operational Highlights: • Flattish YOY sales for the H1 FY 24. QOQ registered sales growth of 13% mainly coming INR 219 Mn INR 35 Mn 15.98% from the new products getting into serial production. Revenue from EBITDA EBI
Slide 9: Manufacturing Metrics
Manufacturing Metrics Capacity Utilization (MTPA) Product Mix 3,600 3,600 3,600 60% 60% 60% 60% 1,790 1,800 1,360 976 945 40% 40% 40% 40% FY21 FY22 FY23 H1-FY24 FY21 FY22 FY23 H1-FY24 Utilisation Capacity Diesel Gasoline OEM wise Sourcing Segment Wise Revenue (INR Mn) 10.36 15.46 5.15 20.67 240.85 3
Slide 10: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q2-FY24 Q2-FY23 Y-o-Y Q1-FY24 Q-o-Q Revenue from Operations 219 216 1.4% 190 15.3% Expenses 184 189 (2.6)% 159 15.7% EBITDA 35 27 29.6% 31 12.9% EBITDA Margins (%) 15.98% 12.50% 348 Bps 16.32% (34) Bps Other Income 1 - NA - NA Finance cost 11 6 83
Slide 11: Half Yearly Income Statement
Half Yearly Income Statement Particulars (INR Mn) H1-FY24 H1-FY23 Y-o-Y Revenue from Operations 409 412 (0.7)% Expenses 342 361 (5.3)% EBITDA 67 51 31.4% EBITDA Margins (%) 16.38% 12.38% 400 Bps Other Income 1 1 NA Finance cost 20 15 33.3% Depreciation and amortisation expenses 41 40 2.5% Profit bef
Slide 12: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 Revenue from Operations 472 599 822 409 Expenses 438 545 708 342 EBITDA 34 54 114 67 EBITDA Margins (%) 7.20% 9.02% 13.87% 16.38% Other Income 5 1 1 1 Finance cost 39 29 33 20 Depreciation and amortisation expenses 62 71 79 41 P
Slide 13: Balance Sheet
Balance Sheet Equity and Liabilities (INR Mn) FY22 FY23 H1-FY24 Assets (INR Mn) FY22 FY23 H1-FY24 Share Capital 265 275 275 Non-current assets Reserves and Surplus 731 721 725 Fixed assets Total Equity 996 996 1,000 Property, Plant & Equipment 729 703 769 Non Current Liabilities Other Intangible ass
Slide 14: Key Financial Highlights
Key Financial Highlights Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) 114 822 599 472 67 409 54 34 13.87% 16.38% 7.20% 9.02% FY21 FY22 FY23 H1-FY24 FY21 FY22 FY23 H1-FY24 Cash Conversion Cycle (Days) Net Debt/Equity (x) 0.27 0.28 239 0.24 191 172 0.13 FY21 FY22 FY23 FY21 FY22 FY23 H1-FY23 S
Slide 15: Capital Market Data
Capital Market Data 1 Year Stock Price Return (As on 30th September, 2023) 60% 50% 40% 30% 20% 10% 0% -10% -20% Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Sintercom Nifty Smallcap 250 Price Data (As on 30th September, 2023) Shareholding Structure (As on 30th
Slide 16: 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 17: Thank You!
Thank You! 16