India Nippon Electricals Limited · NSE:INDNIPPON
India Nippon Electricals — Q4 FY24 Earnings Presentation
21 slides from India Nippon Electricals's earnings presentation, Jun 13, 2024
Slide 1: Exchange filing cover letter
June 13, 2024 National Stock Exchange of India Limited BSE Limited th Exchange Plaza, 5 Floor, Plot no C 1, Phiroze Jeejeebhoy Towers G Block, IFB Centre, Bandra Kurla Complex, Dalal Street Bandra (East), Mumbai - 400051 Mumbai - 400 001 Scrip: INDNIPPON Scrip: 532240 Dear Sir/ Madam, Sub: Investor
Slide 2: Earnings Presentation Q4-FY24/FY24
EARNINGS P R E S E N TAT I O N Q4-FY24/FY24
Slide 3: Snapshot
SNAPSHOT 39 Years 3 1 Tier 1 1,605+ Of State of the Supplier to Major Employees Experience Manufacturing Plants Research Auto OEM’s Center 14.59% 30%+ Debt Free INR 15,351 Consistent 3 Year Revenue Dividend Payout CAGR Market Cap track record 2 INVESTOR PRESENTATION
Slide 4: Company Overview
COMPANY OVERVIEW § India Nippon Electricals Limited (INEL) was incorporated in 1984 and converted into a joint venture in 1986 between Revenue (INR Mn) & EBITDA Margins (INR Mn) Lucas Indian Service Limited, a wholly-owned subsidiary of Lucas-TVS Limited, and MAHLE Electric Drives Japan Corporation,
Slide 5: Geographical Presence
GEOGRAPHICAL PRESENCE INDIA § USA § ITALY Revenue Split § CHINA 5% § SLOVENIA § TURKEY § VIETNAM § THAILAND § JAPAN § NEPAL § SRI LANKA 95% § BANGLADESH § AFRICA Domestic Export 4 INVESTOR PRESENTATION
Slide 6: Key Clientele
KEY CLIENTELE *Logos are meant for representative purposes only 5 INVESTOR PRESENTATION
Slide 7: Product Portfolio
PRODUCT PORTFOLIO Electronic Ignition Controllers Sensors Electric Vehicles After Market System It is a modern automotive It refers to the various It is the collection of various Recently established world-class A dedicated team is focusing on ignition system that replaces the electronic control uni
Slide 8: 2W Electric Vehicles
2W ELECTRIC VEHICLES Traction Motor Traction motors are powered by electricity and generate the power to rotate the wheels. Traction motors are typically mounted in the trucks where the wheels are housed. Cluster Motor Controller It refers to the instrument cluster or dashboard panel found on a two-
Slide 9: Strategic Overview
Strategic Overview
Slide 10: Key Strengths
KEY STRENGTHS Strong Client base Thrust On Technology Organizational Agility Offers wide range of Strong Customer Focus Stringent Manufacturing Practices Value Addition products 9 INVESTOR PRESENTATION
Slide 11: Future Growth Strategies
FUTURE GROWTH STRATEGIES Capitalizing on Core Business Advancing Aftermarket Business Focused on exploiting the opportunities presented within core A dedicated team and several measures are taken to strengthen product business by introducing new products for two & three-wheelers. range and distribut
Slide 12: Financial Overview
Financial Overview
Slide 13: Q4-FY24/FY24 Financial Highlights
Q4-FY24/FY24 Financial Highlights Q4-FY24 Consolidated Financial Performance FY24 Consolidated Financial Performance INR 1,957 Mn INR 216 Mn 11.04% INR 7,241 Mn INR 664 Mn 9.17% Revenue from EBITDA EBITDA Margin Revenue from EBITDA EBITDA Margin Operations Operations INR 204 Mn 10.42 % INR 9.03 INR
Slide 14: FY24 Business Highlights
FY24 BUSINESS HIGHLIGHTS • Sales outpaced industry growth • Robust growth witnessed in aftermarket sales • Retained No.1 market share position in ignition system products • Healthy business pipeline/bookings • Diversification of product portfolio into commercial vehicle and off-highway segments • Ad
Slide 15: Quarterly Consolidated Income Statement
QUARTERLY CONSOLIDATED INCOME STATEMENT Particulars (INR in Mn) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Revenue from Operations 1,957 1,580 23.9% 1,789 9.4% Operating Expenses 1,741 1,431 21.7% 1,637 6.4% EBITDA 216 149 45.0% 152 42.1% EBITDA Margins (%) 11.04% 9.43% 161 Bps 8.50% 254 Bps Depreciation 3
Slide 16: Annual Consolidated Income Statement
ANNUAL CONSOLIDATED INCOME STATEMENT Particulars (INR in Mn) FY24 FY23 Y-o-Y Revenue from Operations 7,241 6,563 10.3% Operating Expenses 6,577 6,035 9.0% EBITDA 664 528 25.8% EBITDA Margins (%) 9.17% 8.05% 112 Bps Depreciation 151 146 3.4% Finance Cost 4 4 0.0% Other Income 249 226 10.2% PBT 758 60
Slide 17: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 EQUITY AND LIABILITIES ASSETS Equity Share Capital 113 113 113 Non-Current Assets Other Equity 4,939 5,490 6,120 Property, Plant and Equipment 1,163 1,211 1,312 Shareholders Fund 5,052 5,603 6,233 Righ
Slide 18: Financial Graphs
FINANCIAL GRAPHS Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) 664 7,241 593 6,563 569 528 543 5,663 497 503 482 463 4,788 4,812 396 11.87% 11.34% 9.63% 9.17% 8.88% 8.78% 8.05% 8.23% 8.19% 7.34% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY2
Slide 19: Capital Market Data
CAPITAL MARKET DATA 1 Year Stock Performance (up to 31st March, 2024) Dividend Payout (%) 140% 120% 100% 39.1% 35.1% 36.7% 80% 32.0% 33.3% 33.3% 60% 40% 20% 0% Apr/23 May/23 Jun/23 Jul/23 Aug/23 Sep/23 Oct/23 Nov/23 Dec/23 Jan/24 Feb/24 Mar/24 Indian Nippon Electrcals Limited Sensex FY19 FY20 FY21 F
Slide 20: Disclaimer
DISCLAIMER India Nippon Electricals Limited (INEL 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
Slide 21: Thank You
Thank You
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