Slide 1: Exchange filing cover letter: Investor Meet Presentation
&EXIDE Ref no.: EIL/SEC/2023-24/16 11.05.2023 The Secretary The Secretary The Calcutta Stock Exchange Limited BSE Limited 7 Lyons Range Phiroze Jeejeebhoy Towers Kolkata - 700 001 Dalal Street, Mumbai - 400 001 CSE Scrip Code: 15060 & 10015060 BSE Scrip Code: 500086 The Secretary - National Stock Ex
Slide 2: Exide Industries – Investor Presentation May 2023
Exide Industries – Investor Presentation May 2023
Slide 3: Agenda
Agenda 1 Business Overview 2 Automotive Vertical 3 Industrial Vertical 4 New Business: Lithium-ion Batteries 5 Key Financial Highlights 6 Sustainability Initiatives & CSR 2
Slide 4: Business Overview
Business Overview 3
Slide 5: Company at a snapshot
Company at a snapshot 75+ Years of 10 Rs.15,000 Manufacturing crore+* Operations in Plants Market Capitalization India Presence in 65 million Rs.14,500 60+ Automotive Batteries produced p.a. crore+ Countries Revenues 5,200+ 5.8 billion AH Rs.1,500 Employees of Industrial Power crore+ Supply p.a. EBI
Slide 6: Key milestones – A cherished journey
Key milestones – A cherished journey Foray into • Exide enters a technical Chloride Takeover of collaboration with SVOLT Energy lead smelting Acquisition of First factory R&D Industries industrial Technology Co. Ltd., China, for operations second home established in established in Ltd. renamed under
Slide 7: Comprehensive product portfolio serving multiple applications
Comprehensive product portfolio serving multiple applications We manufacture batteries for multiple We are a reliable power solution provider for all applications in automotive sector industrial applications Vehicular Non- Vehicular Power Exports Solar 4-Wheeler 3-Wheeler Industrial applications Rai
Slide 8: R&D focus enables delivery of advanced technical solutions
R&D focus enables delivery of advanced technical solutions Exide R&D Centre, Kolkata International technical collaborations Established in 1976, it’s one of the finest R&D centers in India • Moura • Furukawa Battery • East Penn • SVOLT Energy Batteries Company Manufacturing Technology Co. Ltd • Show
Slide 9: Board of Directors and shareholding pattern
Board of Directors and shareholding pattern Name Designation Shareholding pattern as on March 31, 2023 Mr. Bharat Dhirajlal Shah Chairman and Independent Director Others Mr. R.B. Raheja Vice Chairman and Non-Executive Director 23.4% Mr. Sridhar Gorthi Independent Director Ms. Mona N Desai Independen
Slide 10: Automotive Vertical
Automotive Vertical 9
Slide 11: Ruling the automotive market with powerful brands
Ruling the automotive market with 3 powerful brands 10
Slide 12: Automotive vertical FY23 business highlights
Automotive vertical FY23 business highlights: Another year of strong growth and market share expansion 1 Growth 2 Market 3 Exports: Entering 4 Customer Outperformance Share Gains New Markets Service Double digit sales growth OEMs: Cemented long-lasting Entered new geographies Launched Annual in the
Slide 13: Growth Drivers: Near-term tailwinds are positive for the automotive sector
Growth Drivers: Near-term tailwinds are positive for the automotive sector Overall auto volumes grew at robust rate in FY23, with Key growth drivers in place for near-term PVs surpassing the 2019 high levels Passenger Vehicles Commercial Vehicles • Passenger Vehicles: Upbeat consumer sentiments, inc
Slide 14: Long-term drivers indicate strong demand for technologically advanced products
Long-term drivers indicate strong demand for technologically advanced products & solutions Increase in business activity and Rising urbanization & income levels will infrastructure development will increase create demand for personal mobility intra & inter-state connectivity • Passenger vehicle prod
Slide 15: Automotive Vertical: Getting future ready
Automotive Vertical: Getting future ready A B Revenue Operational C Margin Growth Efficiency Expansion • New product launches with technologically advanced features • Digitalization initiatives: • Aim to create optimum Increasing operational product mix – higher • Expanding domestic reach efficiency
Slide 16: Our recent launches with technologically advanced features
Our recent launches with technologically advanced features cater to evolving market needs 1 Exide Mileage 2 Exide New HUPS range: Exide Inverterz • Upgraded SKUs introduced in FY23 • This has made us more competitive in the market 3 E-Ride: battery 4 SF ISS batteries with for E-rickshaw extended war
Slide 17: Expanding domestic distribution network and our global footprints
Expanding domestic distribution network and our global footprints Direct & indirect pan India distributors/ Exports: strong focus on expanding global presence dealers: sharp increase in 3 years ▪ New products with advanced features launched in some countries ▪ Considering private labelling and contr
Slide 18: Supporting channel partners and enhancing customer experience
Supporting channel partners and enhancing customer experience Empowering channel partners through digitalization Customers: Introducing services for quicker initiatives and hassle-free solutions Hyperlocal marketing Annual Maintenance initiative enables dealers Contract (AMC) services in attracting
Slide 19: Digitalization initiatives across processes for increasing operational efficiency
Digitalization initiatives across processes for increasing operational efficiency Integrated business Sales force Logistics and planning efficiency Manufacturing warehouse • More accurate demand • Integrated data analysis • Real-time information on • Implemented industry 4.0 for forecasting provides
Slide 20: Industrial Vertical
Industrial Vertical 19
Slide 21: Industrial vertical key highlights for FY23
Industrial vertical key highlights for FY23: Consistent delivery amidst dynamic backdrop Business Highlights Outperforming Exports – Expanding New Frontiers # Underlying Markets Reach Leading SUNDAY 20%-30% growth Entered New Rooftop Solar position in the in IUPS, Solar and Geographies in Solutions
Slide 22: Mega trends across verticals: Navigating the future of business
Mega trends across verticals: Navigating the future of business Data Centers Renewable Infra Investment Automation Power • Increasing i-cloud • Railways: 100% • India’s 500 GW renewable electrification of railway • Traction Battery: adoption and rising per • Technology integration energy (RE) ambiti
Slide 23: Strategy framework: Our operating model uniquely positions us
Strategy framework: Our operating model uniquely positions us to deliver results Sustained Profitable Growth Guided by our Target Growth Focussed Return Focussed 1 2 3 4 Rooted in our Strategy Revenue Customer Operational Margin Growth at Core Efficiency Expansion • Focus on growing • Customer • Ope
Slide 24: Enriched product range across verticals to address industry trends
Enriched product range across verticals to address industry trends Data Centre Solar Standby Traction Telecom YHP Plante Standby Power Batteries Batteries Upgraded Data Top of the Line End-to-End & Rooftop Augmented Portfolio 5G Ready Batteries Centre EHP Series Batteries for Standby Solar Solutions
Slide 25: New launches and storage solutions as per evolving market requirements
New launches and storage solutions as per evolving market requirements New launches with technologically advanced BESS solutions as per customer specifications features Unique front terminal Tata Power DDL Exide CESC BESS range of batteries for Lithium Ion Gel Based VRLA data centre Exide NXT+ that
Slide 26: Growing through global outreach and customer centricity
Growing through global outreach and customer centricity Showcasing our prowess Exide EDGE| Sales automation Building brand resonance across the Globe Embracing the digital workplace Continuous Enquiry Pipeline to connect Market activity score closer to the end- to drive & track sales customer conver
Slide 27: Focusing on various levers to unlock value for margin expansion
Focusing on various levers to unlock value for margin expansion Cost Optimization Margin Expansion • Operational Excellence: Reducing the Cost-to- serve through digitalised processes • Manage channel/product mix: Optimal product & distribution channel mix • Industry 4.0 initiatives aimed at continuo
Slide 28: New Business: Lithium-ion Cells & Batteries
New Business: Lithium-ion Cells & Batteries 27
Slide 29: India's electrification demand expected to be 150GWh by 2030
India’s electrification demand expected to be 150GWh by 2030 Lithium-ion demand (GWh) in India by 2030 Key growth drivers 2025 2030 Strong policy & regulatory support 2Ws 10 - 12 40 - 45 • Auto PLI 3Ws 1.2 – 1.7 5-6 • State EV policies 4-5 • FAME extension 4Ws 40 - 45 Mobility 0.9 – 1.2 3-4 LCV / HC
Slide 30: Exide is ahead of the curve in its lithium-ion foray
Exide is ahead of the curve in its lithium-ion foray ▪ Started in 2018, now a wholly owned subsidiary for pack and module business, earlier was a JV between Exide and Exide Energy A Leclanché SA of Switzerland Private Limited ▪ Capacity: 1.5 GWh, located in auto hub of Gujarat ▪ Develops and manufac
Slide 31: Nexcharge has strong technical capabilities to cater to diverse customer specifications
Nexcharge has strong technical capabilities to cater to diverse customer specifications Our strong technical expertise …. Deep design In-house BMS Quality Economies of capability: providing competency: manufacturing: scale: High energy density, Ability to Automated scale processes thermal stability
Slide 32: Nexcharge product portfolio for key transportation and industrial markets
Nexcharge product portfolio for key transportation and industrial markets Bus Battery Pack 3 Wheeler Battery Pack 2W Medium Duty 2 Wheeler Light Duty & Heavy Duty UPS Battery Lead Acid Alternative Telecom UPS Battery 31
Slide 33: Exide is in advance stages of setting lithium-ion cell manufacturing facility
Exide is in advance stages of setting lithium-ion cell manufacturing facility Technical collaboration with Formation of subsidiary Exide Purchase of land parcel for SVolt Energy Solutions Limited setting the plant ▪ Multi-year technical collaboration ▪ Purchased 80 acres of land at ▪ Multi-gigawatt
Slide 34: Progress so far on the lithium-ion project
Progress so far on the lithium-ion project Particulars Progress Honourable Chief Minister of Karnataka and other state ministers graced the • ‘Bhoomi Poojan’ completed, and all necessary approvals/ Bhoomipoojan ceremony Land permissions have been secured • Recruitment of top-tier team comprising exp
Slide 35: Key Financial Highlights
Key Financial Highlights 34
Slide 36: Q4FY23 standalone financials: key highlights
Q4FY23 standalone financials: key highlights Revenues EBITDA & EBITDA Margin Q4FY23 Q4FY22 Q4FY23 Q4FY22 Rs.3,543 Cr. Rs.350 Cr. Rs.367 Cr. Rs. 3,417 Cr. 4% (10.2%) (10.4%) 5% PBT & PAT & PBT Margin PAT Margin Q4FY22 Q4FY23 Q4FY22 Q4FY23 Rs.272 Cr. Rs.281 Cr. Rs.201 Cr. Rs.208 Cr. (8.0%) (7.9%) 3% (
Slide 37: FY23 standalone financials: key highlights
FY23 standalone financials: key highlights EBITDA & Revenues EBITDA Margin FY22 FY23 FY22 FY23 Rs. 12,410 Cr. Rs.14,592 Cr. Rs.1,398 Cr. Rs.1568 Cr. 18% (11.3%) (10.7%) 12% PBT & PAT & PBT Margin PAT Margin FY22 FY23 FY22 FY23 Rs.1,026 Cr. Rs.1,215 Cr. Rs.765 Cr. Rs.904 Cr. (8.3%) (8.3%) (6.2%) (6.2
Slide 38: Strong balance sheet and strong cash flow generation
Strong balance sheet and strong cash flow generation Balance sheet Highlights Particulars Unit Mar-22 Mar-23 • Continue to maintain the Total Equity Rs. Crore 10,598 11,210 Zero debt company since Total Debt Rs. Crore Nil Nil 2011 Debt : Equity X Nil Nil • Healthy return ratios RoCE* % 19.3% 19.8% P
Slide 39: Consistent financial performance delivered over the years
Consistent financial performance delivered over the years Revenues EBITDA Profit after tax (Rs. Cr.) (Rs. Cr.) (Rs. Cr.) 1,568 14,592 1,411 1,398 904 1,365 1,356 844 826 12,410 765 758 10,588 10,041 9,857 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 • Strategic initiati
Slide 40: Aim to maximize investor returns through multiple initiatives
Aim to maximize investor returns through multiple initiatives Revenue Operational Improved Dividend Growth efficiency Profitability payment • Product launches • Streamlining • Improving product • Regularly paid in Indian markets supply chain to mix towards dividends to optimise inventory higher marg
Slide 41: Strong Commitment to Sustainability and CSR
Strong Commitment to Sustainability and CSR 40
Slide 42: ESG is an integral part of our business and strategy
ESG is an integral part of our business and strategy Environment 19% green energy Introducing Backward integration consumption in eco-friendly for recycling used FY23 products batteries to recover lead Social Nurturing Diversity: Maintaining 31,250+ hours of Hybrid working highest standards training
Slide 43: CSR initiatives focuses on building equal and inclusive societies
CSR initiatives focuses on building equal and inclusive societies Focus on 5 key pillars for socio-economic development: Impact created: • More than 3.1 lakh people benefited in FY23 • 80% of beneficiaries are from socially and economically disadvantaged sections • Active employee participation acro
Slide 44: Disclaimer
Disclaimer In this document, we have disclosed forward-looking information to enable analysts and investors comprehend our prospects and take investment decisions. This document and other statements–written and oral–that we periodically make, contain forward-looking statements that set out anticipat
Slide 45: THANK YOU!
THANK YOU! Investor Contact Chhavi Agarwal, CFA Head- Investor Relations E-mail: investor.relations@exide.co.in 44