Schaeffler India Ltd · NSE:SCHAEFFLER
Schaeffler India — Q2 2024 Earnings Presentation
16 slides from Schaeffler India's earnings presentation, Jul 24, 2024
Slide 1: Schaeffler India Limited Investor Presentation July 24, 2024
SCHAEFFLER Quality is our passion. The more time and expertise, the better the result. Schaeffler India Limited Investor Presentation July 24, 2024 We pioneer motion
Slide 2: Q2 2024 Awards and Accolades
Q2 2024 Awards and Accolades * e X € Kubota swaRaJ Escorts Kubota Limited Best Quality Award Special Appreciation Award on extraordinary support 24/07/2024 Schaeffler India Limited | Q2CY24 Investor Presentation mahindra™” Vendor Managed Inventory Award SCHAEFFLER MS SGZ0Ki Certificate for part desi
Slide 3: Agenda
1 Economy and Industry 2 Business Highlights - Q2 and 6M 2024 3 Financial Highlights - Q2 and 6M 2024 AGENDA
Slide 4: Economy and Industry
1 ECONOMY AND INDUSTRY Economy Gpp 1)3) trp 13) 86 8.2 81 a - 73 E 6.0 5.9 6.2 5.1 5.0 41 44 Qi Q2 Q3 Q4 Qi Q2 est. qi Q2 Q3 Q4 Qi Apr'24 May'24 2023 2024 2023 2024 Automotive Production 2) 4) cpr?) 5.2 62 64 5.4 3.6 4.0 46 5.0 49 2.6 13 qi Q2 Q3 Q4 Qi Q2 Qi Q2 Q3 Q4 Qi Q2 2023 2024 2023 2024 24/07/
Slide 5: Core Sector Performance
1 ECONOMY AND INDUSTRY Core Sector Performance 2023 MM 2024 (_) vrp.cv2024 Growth Cement Production (mn tn) Te | | Jan Feb Mar Apr May Jun jul Aug Sep Oct Nov Dec Steel Production (mn tn) 1 13 | i li Jan Feb Mar Apr May Jun jul Aug Sep Coal Production (mn tn) {97% } n ® Il Hii | Jan Feb Mar Apr May
Slide 6: Automotive Sector Performance
1 ECONOMY AND Automotive Sector Performance 2023 MM 2024 (_) vrp.cv2024 Growth Two and three wheelers (mn units)" INDUSTRY 22.2% 2.2 19 mT | Feb Mar Ap Jul Aug Sep Oct Nov Dec Passenger Vehicles (th units)? eid 438 442 42 33 | | | | Jun Jul Aug Sep Oct 420 419 434 Jan Feb Mar Apr May Cem } 375 333 N
Slide 7: Agenda: Business Highlights
1 Economy and Industry 2 Business Highlights - Q2 and 6M 2024 3 Financial Highlights - Q2 and 6M 2024 AGENDA
Slide 8: Q2 2024 Performance
2 BUSINESS HIGHLIGHTS - Q2 AND 6M 2024 Q2 2024 Performance Key messages Double-digit growth for the quarter, robust performance 4 continued across domestic and intercompany sales Margins improved due to volume gains and continued focus on cost management 3 | Working Capital and FCF reflecting timing
Slide 9: Business Developments
2 BUSINESS HIGHLIGHTS - Q2 AND 6M 2024 SCHAEFFLER Business Developments Automotive Technologies Vehicle Lifetime Solutions Bearings and Industrial Solutions Increased market coverage Business wins for deep grove ball Continued business wins in CVs") for Volume|winsforhewly/launched bearings, taper,
Slide 10: Agenda: Financial Highlights
1 Economy and Industry 2 Business Highlights - Q2 and 6M 2024 3 Financial Highlights - Q2 and 6M 2024 AGENDA
Slide 11: Revenue from operations
SCHAEFFLER 3 FINANCIAL HIGHLIGHTS - Q2 AND 6M 2024 Revenue from operations Total Revenue 2023 2024 Key Aspects mnNR + YoY growth continued for domestic businesses, up 12.7% 20,719 * QoQ growth momentum remains across domestic and intercompany Z 18,551 16,936 18492 18,291 18,483 5, exports Growth Q2'
Slide 12: Earnings Quality
3 FINANCIAL HIGHLIGHTS - Earnings Quality Q2 AND 6M 2024 SCHAEFFLER 0 EBITDA Margins 2023 2024 Key Aspects mn INR 3,848 3,230 3.388 3,480 3,490 3,328 * YoY margins moderated marginally due to business mix * QoQ margins sustained due to volume gains and continued focus on 19.1% S$ 19.0% ae. 70% cost
Slide 13: Working Capital, Capex
3 FINANCIAL HIGHLIGHTS - Q2 AND 6M 2024 Working Capital, Capex Workin ital Key Aspects None 9 Capita 2023 2024 ¥ ASP + Working Capital and free cash flow generation for the quarter reflecting 12,955 13523 13,283 870 a3 o76 cnet timing difference and business activity + Capex framework - on track Qi
Slide 14: Performance Indicators
3 FINANCIA HIGHLIGHTS - Q2 AND 6M 2024 Performance Indicators SCHAEFFLER ee UE] 22024] gti2024 | g2z023 | M2024 | 6M.2023 Revenue mn INR Revenue growth (YoY) ~ Revenue growth (QoQ) % EBITDA” mn INR EBITDA Margin % EBIT mn INR EBIT Margin % EBT mn INR EBT Margin % PAT mn INR PAT Margin % Capex” mn IN
Slide 15: Q2 2024 - Consolidated Financial Results
3 FINANCIAL HIGHLIGHTS - Q2 AND 6M 2024 SCHAEFFLER Q2 2024 - Consolidated Financial Results Particulars Schaeffler India Limited KRSV Innovative Auto Solutions Schaeffler India Limited (mn INR) Standalone Private Limited Consolidated” se Revenue 20,719 39,211 21,068 39,800 EBITDA (before 18.6% 18.5%
Slide 16: In Summary
3 FINANCIAL HIGHLIGHTS - Q2 AND 6M 2024 In Summary Double-digit growth for the quarter, revenue momentum across domestic business Intercompany sales continued to perform during the first half of 2024 Quality of earnings driven by positive volume effects and continued focus on cost management 24/07/2