Maruti Suzuki India Limited · NSE:MARUTI

Maruti Suzuki India — Q1 FY2011 Earnings Presentation

12 slides from Maruti Suzuki India's earnings presentation, Jul 24, 2010

  1. Slide 1: Q1 Fy'11 Financial Results

    Maruti Suzuki India Limited Q1 Fy’11 Financial Results 24th July, 2010 1

  2. Slide 2: Safe Harbour

    Safe Harbour This presentation might contain forward looking statements which involve a number of risks, uncertainties and other factors that could cause the actual results to differ materially from those in the forward looking statements. The Company undertakes no obligation to update these to refl

  3. Slide 3: Contents

    Contents 1. Q1 Fy’11 Vs Q1 Fy’10 Financial Highlights Ratio Comparison Analysis 2. Q1 Fy’11 Vs Q4 Fy’10 Ratio Comparison Analysis 3. Sales Volumes 4. Going forward 9M Fy’11 3

  4. Slide 4: Financial Highlights Q1 Fy'11 & Growth over Q1 Fy'10

    Financial Highlights Q1 Fy’11 & Growth over Q1 Fy’10 „ Sales Volume 283,324 Veh. 25.0 % „ Net Sales 80,506 Mn 27.0 % „ Op. EBIDTA 7,926 Mn (0.07%) „ PBT 6,431 Mn (20.3%) „ PAT 4,654 Mn (20.1%) 4

  5. Slide 5: Key Financial Ratios (% of Net Sales)

    Key Financial Ratios (% of Net Sales) Parameter Q1 Fy’ 11 Q1 Fy’ 10 Change bps Material Cost 79.6 78.1 150 Employee Cost 2.0 2.1 (10) Selling & Distribution expenses 3.0 2.9 10 Manufacturing Expenses 7.7 6.7 100 Royalty 5.9* 3.6 230 Power & Fuel 0.8 0.8 - Exchange Variation (0.9) 0.5 (140) Others (R

  6. Slide 6: Financial Analysis Q1 Fy'11 Vs Q1 Fy'10

    Financial Analysis Q1 Fy’11 Vs Q1 Fy’10 Income „ Increase in volumes by 25% „ Net sales up by 27% „ Average realization up by 1.6%. „ Lower other income – lower capital gains on investments sale 6

  7. Slide 7: Financial Analysis Q1 Fy'11 Vs Q1 Fy'10

    Financial Analysis Q1 Fy’11 Vs Q1 Fy’10 Material Cost to Net Sales – up by 150 bps „ Unfavorable exchange rate „ Unfavorable product mix Mfg. & Admin Cost to Net Sales – up by 100 bps „ Higher royalty expense „ Supported by foreign exchange translation gain Selling & Distribution Cost to Net Sales –

  8. Slide 8: Key Financial Ratios (% of Net Sales)

    Key Financial Ratios (% of Net Sales) Parameter Q1 Fy’ 11 Q4 Fy’ 10 Change bps Material Cost 79.6 77.9 170 Employee Cost 2.0 1.9 10 Selling & Distribution expenses 3.0 3.7 (70) Manufacturing Expenses 7.7 5.4 230 Royalty 5.9* 3.3 260 Power & Fuel 0.8 0.6 20 Exchange Variation (0.9) (0.7) (20) Others

  9. Slide 9: Financial Analysis Q1 Fy'11 Vs Q4 Fy'10

    Financial Analysis Q1 Fy’11 Vs Q4 Fy’10 Material Cost to Net Sales – higher by 170 bps „ Unfavorable product mix „ Unfavorable foreign exchange rate „ Increase in commodity prices Manufacturing & Admin Cost – higher by 230 bps „ Higher royalty expense Selling & Distribution Cost – lower by 70 bps 9

  10. Slide 10: Sales Volumes

    Sales Volumes Market Q1 FY’11 % to Total Q1 Fy’10 % to Total % Growth sales sales Total Sales Domestic 242,887 85.72 197,415 87.07 23.0 Exports 40,437 14.28 29,314 12.93 37.9 Total Sales 283,324 100 .00 226,729 100.00 25.0 Segments Q1 FY’11 % to Dom. Q1 Fy’10 % to Dom. % Growth Sales sales Domestic

  11. Slide 11: Going Forward 9M Fy'11

    Going Forward 9M Fy’ 11 „ Good demand momentum „ MSIL lowest total cost of ownership „ Product portfolio – strong & fresh, CNG, Alto - K10 due. „ Efforts to increase production „ Non-European markets focus „ Uncertainty of forex and commodities „ Most of competition launches over 11

  12. Slide 12: Thank You

    Thank You 12

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