Ashok Leyland Limited · NSE:ASHOKLEY
Ashok Leyland — Non-Deal Roadshow (June 2024)
11 slides from Ashok Leyland's roadshow presentation, Jun 23, 2024
Slide 1: Exchange intimation letter on investor meet
June 23, 2024 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers C-1, Block G Dalal Street Bandra Kurla Complex Mumbai - 400 001 Bandra (E), Mumbai - 400 051 SCRIP CODE: 500477 SCRIP CODE: ASHOKLEY Dear Sir/Madam, Sub: Intimation of schedule of investor me
Slide 2: Progress update on Medium-term Goals
Ashok Leyland Limited Progress update on Medium-term Goals HONG KONG & SINGAPORE June 24-26, 2024
Slide 3: Our 75th Year - A Record Year
O U R 7 5 TH Y E A R - A R E C O R D Y E A R • Highest Ever Sales Revenue INR 38,367 Cr, 6% up from LY 2nd Highest CV Sales Volume, 194,553 units • Highest Ever EBITDA 4,607Cr, 57% up from LY • Highest Ever Margins 12.0% EBITDA • Nearly Zero Net-Debt • All Engines Firing, including non-CV Businesses
Slide 4: Medium-Term Goals
Medium-Term Goals Investor Conference June 2023, Mumbai 1 2 3 Pursue Superior Returns Next-Gen Products MHCV Market Share Double-digit EBITDA (Near Term), Ready in next 24 months Safely at above 30% and Mid-teens (Medium Term); with all Alternate Fuels; confidently moving to 35%+ Cost Leadership Inv
Slide 5: Significant Progress on All Medium-Term Goals
Significant Progress on All Medium-Term Goals… 1 2 3 Pursue Superior Returns Next-Gen Products MHCV Market Share Double-digit EBITDA (Near Term), Ready in next 24 months Safely at above 30% and Mid-teens (Medium Term); with all Alternate Fuels; confidently moving to 35%+ Cost Leadership Invest in Sw
Slide 6: Significant Progress on All Medium-Term Goals
Significant Progress on All Medium-Term Goals 4 5 6 LCV & IO Driving growth in ESG & CSR Grow in North & East; Non-CV Businesses Carbon Neutral by 2030 Plan sub-2T entry ; Aftermarket, Defence and Net Zero @100 Expand IO portfolio Power Solutions – 1mn RTS Goal Significant Upside Governance at highe
Slide 7: Ashok Leyland – Expanding Horizons
Ashok Leyland – Expanding Horizons Opportunity Enhancement into Allied Avenues Aggressively pursuing product superiority in e- Digitalizing Freight Buses and e-LCVs Ecosystem; initial phases IPO to accelerate growth and valuation HINDUJA LEYLAND FINANCE Engineering Services 59% CAGR in company with
Slide 8: In the Right Place
IN THE RIGHT PLACE India is the fastest growing major world economy today India Set to Cement Role as New GDP Political continuity will help drive reforms and Growth Champion growth Estimated real GDP growth (YoY) of the world’s largest CY23 Growth rates economies in selected years (%) Slated to be
Slide 9: Key Economic Drivers
KEY ECONOMIC DRIVERS Economy Freight Industry 8.2% 7.2% ▲ 1.4% ▲ 4.9% India GDP FY24 Actuals FY25 Forecast Railway Freight traffic Apr’24 (YoY) IIP Mar’24 (YoY) CPI Inflation 5.4% 4.5% ▲ 2.4% ▲ 1.2% FY24 Actuals FY25 Forecast Air traffic Apr’24 (YoY) Mining Mar’24 (YoY) RBI Repo Rate 6.5% 6.0% Major
Slide 10: CV Growth Drivers
CV GROWTH DRIVERS Average age of M&HCVs increased to ~10 years, highest in past two decades Road construction expected to pick-up with new Govt in place Delinquency trends remained steady 9 Source: ICRA
Slide 11: Thank You
THANK YOU