Schaeffler India Ltd · NSE:SCHAEFFLER
Schaeffler India — Q2 2024 Earnings Presentation
18 slides from Schaeffler India's earnings presentation, Jul 24, 2024
Slide 1: Regulation 30 filing cover letter to exchanges
Schaeffler India Limited · Pune · Maharashtra BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C – 1, Block G, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai-400001 Mumbai-400051 Company Code: 505790 Company Code: SCHAEFFLER Sub: Investor Presen
Slide 2: Schaeffler India Limited Investor Presentation
Schaeffler India Limited Investor Presentation July 24, 2024 Copyright Schaeffler AP, 2024 – All rights reserved. |
Slide 3: Q2 2024 Awards and Accolades
Q2 2024 Awards and Accolades Special Appreciation Award Vendor Managed Certificate for part design Best Quality Award on extraordinary support Inventory Award & development 24/07/2024 Schaeffler India Limited | Q2CY24 Investor Presentation Copyright Schaeffler AP, 2024 – All rights reserved. | 2
Slide 4: Economy and Industry, Business Highlights, Financial Highlights
1 Economy and Industry 2 Business Highlights - Q2 and 6M 2024 3 Financial Highlights - Q2 and 6M 2024
Slide 5: Economy
E CEOCNOONMO YM A 1 Y NADN D I N IDNUDSUT SR TY R Y Economy GDP 1) 3) IIP 1) 3) Key Aspects 8.2 8.6 7.3 8.1 7.8 • Q2 GDP growth estimated at 7.3%, on 7.3 6.0 5.9 6.2 5.1 5.0 growth path supported by moderating 4.1 4.4 inflation domestic demand and above average monsoon estimates • IIP growth in 2024
Slide 6: Core Sector Performance
E CEOCNOONMO YM A 1 Y NADN D I N IDNUDSUT SR TY R Y Core Sector Performance 2023 2024 YTD CY2024 Growth 4.2% 8.3% Cement Production (mn tn) Steel Production (mn tn) Key Aspects Core industry growth for YTD’24 37 13 13 13 12 13 registered at 6.5% compared to 4.9% 37 37 12 12 12 12 12 36 35 36 32 34 3
Slide 7: Automotive Sector Performance
E CEOCNOONMO YM A 1 Y NADN D I N IDNUDSUT SR TY R Y Automotive Sector Performance 2023 2024 YTD CY2024 Growth 22.2% 8.8% Two and three wheelers (mn units)1) Passenger Vehicles (th units)2) Key Aspects 2.2 2.1 2.1 471 1.9 2.0 2.0 2.0 438 433 442 434 1.9 1.9 1.9 425 419 420 419 1.8 1.7 1.7 381 406 403
Slide 8: Business Highlights - Q2 and 6M 2024
1 Economy and Industry 2 Business Highlights - Q2 and 6M 2024 3 Financial Highlights - Q2 and 6M 2024
Slide 9: Q2 2024 Performance
B UBSUI SN IENS ES S H 2 S I HG IHGLHI LG IHGTHS T –S Q - 1Q 2A NA DN D3 M6 M2 022042 4 Q2 2024 Performance Key messages Sales EBITDA Double-digit growth for the quarter, robust performance 13.3% vs Q2’23 18.6% Q2’24 1 continued across domestic and intercompany sales 12.0% vs Q1’24 18.3% Q1’24 2 Mar
Slide 10: Business Developments
B UBSUI SN IENS ES S H 2 S I HG IHGLHI LG IHGTHS T –S Q - 1Q 2A NA DN D3 M6 M2 022042 4 Business Developments Automotive Technologies Vehicle Lifetime Solutions Bearings and Industrial Solutions Reliability and emission reduction Increased market coverage Precision and Efficiency Business wins for d
Slide 11: Financial Highlights - Q2 and 6M 2024
1 Economy and Industry 2 Business Highlights - Q2 and 6M 2024 3 Financial Highlights - Q2 and 6M 2024
Slide 12: Revenue from operations
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 2N D A N3DM 62M0 2240 2 4 Revenue from operations Total Revenue Key Aspects 2023 2024 mn INR • YoY growth continued for domestic businesses, up 12.7% 20,719 • QoQ growth momentum remains across domestic and intercompany 16,936 18,492 1
Slide 13: Earnings Quality
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 2N D A N3DM 62M0 2240 2 4 Earnings Quality EBITDA 1) Key Aspects Margins 2023 2024 mn INR 3,848 3,388 3,480 3,490 3,328 • YoY margins moderated marginally due to business mix 3,230 • QoQ margins sustained due to volume gains and contin
Slide 14: Working Capital, Capex
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 2N D A N3DM 62M0 2240 2 4 Working Capital, Capex Working Capital Key Aspects mn INR 2023 2024 • Working Capital and free cash flow generation for the quarter reflecting 15,670 timing difference and business activity 12,955 13,523 13,28
Slide 15: Performance Indicators
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 2N D A N3DM 62M0 2240 2 4 Performance Indicators Unit Q2 2024 Q1 2024 Q2 2023 6M 2024 6M 2023 Revenue mn INR 20,719 18,492 18,291 39,212 35,228 Revenue growth (YoY) % 13.3% 9.2% 4.6% 11.3% 6.2% Revenue growth (QoQ) % 12.0% -0.3% 8.0% -
Slide 16: Q2 2024 - Consolidated Financial Results
3 FINANCIAL HIGHLIGHTS - Q2 AND 6M 2024 Q2 2024 - Consolidated Financial Results Particulars Schaeffler India Limited KRSV Innovative Auto Solutions Schaeffler India Limited (mn INR) Standalone Private Limited Consolidated1) Q2 2024 6M 2024 Q2 2024 6M 2024 Q2 2024 6M 2024 Revenue 20,719 39,211 353 5
Slide 17: In Summary
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 2N D A N3DM 62M0 2240 2 4 In Summary 1 Double-digit growth for the quarter, revenue momentum across domestic business Committed to create long- 2 Intercompany sales continued to perform during the first half of 2024 term value with foc
Slide 18: Disclaimer
3 FINANCIAL HIGHLIGHTS - Q2 AND 6M 2024 Disclaimer The information contained in this presentation is provided by Schaeffler India Limited (“the Company”), to you solely for your reference. This document is being given solely for your information and for your use and may not be retained by you and ne