Sharda Motor Industries Ltd. · NSE:SHARDAMOTR
Sharda Motor Industries — Q4 FY25 Earnings Presentation
35 slides from Sharda Motor Industries's earnings presentation, May 25, 2025
Slide 1: Submission letter to BSE and NSE
SMIL: LISTING/25-26/2505/01 May 25, 2025 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, 5th Floor Pheroze Jeejeebhoy Towers Plot No. C/1, G Block Dalal Street, Mumbai - 400 001 Bandra - Kurla Complex, Mumbai - 400 051 (SCRIP CODE - 535602) (Symb
Slide 2: Investor Presentation May 2025
InvestorPresentation MAY 2025 www.shardamotor.com
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”) have been prepared by Sharda Motor Industries Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall
Slide 4: Contents
Contents 0 5 1. Company Overview 2. Emission Control Vertical 3. Lightweighting Vertical 4. Global Business Vertical 5. Board & Management Details 6. Financials and CSR 3 Privileged & Confidential, © 2025, All Rights Reserved.
Slide 5: Company Overview
Company Overview
Slide 6: Company Overview
Company Overview 0 5 Business Verticals 08 Manufacturing Facilities Head office in Delhi, India Emission Control Chennai – 2, Pune – 3, Lightweighting Nashik – 2, Sanand - 1 Global Business 1000+ On-Roll Employees Strategic Supply Chain Management Collaborations FY 25 Revenue: ~30% value Market shar
Slide 7: Sharda Motor | The journey so far
6 Sharda Motor | The journey so far 0 5 1994 1998 2002 1986 1987 Launch of 1ˢᵗ large scale Foray into Exhaust Ventured into Suspension Inception of IPO & Listing at Delhi 2007 production unit & entry Systems business with assembly business & Sharda Motor Stock Exchange Investment in into Trim busine
Slide 8: Sharda Motor | Product Portfolio
Sharda Motor | Product Portfolio Soft-top Canopies Independent Front Suspension Emission Control Systems Assembly Upper & Lower Control Arm Front Axle Assembly 7 Privileged & Confidential, © 2025, All Rights Reserved.
Slide 9: Strategically located best-in-class manufacturing facilities
Strategically located best-in-class manufacturing facilities State-of-the-art manufacturing facilities located at the heart of India’s automotive clusters Corporate Office Manufacturing facility Delhi ● Corporate Office R&DFacility Sanand ● Exhaust System Nashik 2 facilities ● Exhaust Systems ● Roof
Slide 10: Overview | Emission Control Vertical
Overview | Emission Control Vertical From an idea to its manufacturing, Sharda Motor leads the market in this category ~30% Value Market Share in India for the passenger vehicle & Comprehensive Customer Base: Catering to both domestic Light Commercial Vehicle segment. and international markets. Serv
Slide 11: State-of-the art Research and Development set up
State-of-the art Research and Development set up State-of-the-art R&D facility at Chennai Design&DevelopmentCentre at Namyang, South Korea Established in 2011,working with Strategic Established R&D unit for exhaustsystemin2002and Customersand Sharda Motor’s INDIAR&D emissioncontrolsystemin 2010 at M
Slide 12: R&D focused approach has yielded tremendous results for Sharda Motor
R&D focusedapproach has yieldedtremendous resultsfor Sharda Motor 0 5 Sharda Motor has filed 13 IPs in last 3 years and 3 patents granted Capital steadily invested over the years to build competencies in R&D IP - 01 Exhaust Micro- perforated Patch Patent Granted Documented Standard, Testing & Analys
Slide 13: State-of-the-art, future-ready capabilities
State-of-the-art, future-ready capabilities ShardaMotorhas invested inits units Fully-backward integrated manufacturing facilitiesready for incrementalgrowthwithoutcapex Gross Tangible Assets (INR crores) TubeMillManufacturing-( BackwardIntegration) ● Wide product range of ERW tubes in the industry
Slide 14: Overview | Lightweighting Vertical
Overview | Lightweighting Vertical From an idea to its manufacturing, Sharda Motor is one of the fastest growing player in this product category ~12.5% value market share for Passenger vehicle & Light Commercial Vehicle Control Arms in India Comprehensive Services from design to validation. Strategi
Slide 15: Lightweighting emerges as one of the key megatrends for Auto OEMs globally
Lightweighting emerges as one of the key megatrends for Auto OEMs globally Drivers of Lightweighting • To reduce fuel consumption by lowering CO2 emissions CAFÉ Norms • Serves twin purpose of Govt- Reducing oil imports and controlling pollution (CO2 emission CAFÉ Norms CO2 target roadmap regulation)
Slide 16: Targeting the biggest markets with our core capabilities
Targeting the biggest markets with our core capabilities Key Markets Key Segments USA EUROPE Commercial Genset CEV Tractor Vehicle (Under 100 HP) Select Target Products Tractor Components (DOC, Genset Hot End SCR Outlet Assembly Exhaust Pipe DPF, SCR) CEV Components Heat Shield Temperature Controlle
Slide 17: Capitalizing on emerging theme of 'China+1' to grow revenues from overseas customers
Capitalizing on emerging theme of ‘China+1’ to grow revenues from overseas customers Over the last few years, on the back of supply chain issues led by the COVID-1 9 pandemic and trade war shocks, trade relations between US, EU and China have been disrupted. In addition, new emission norms have also
Slide 18: Sharda Motor has deep-rooted relationships with marquee OEMs
Sharda Motor has deep-rooted relationships with marquee OEMs 0 5 Cateringtocustomersacrossvehiclesegments Sharda Motor is well recognized by its customers for its quality and reliability FY25 Consolidated Revenue from Operations split by 2024 2024 2025 2025 end-user vehicle segment (%) 16th National
Slide 19: Significant New Orders Received in FY25 in New Verticals
Significant New Orders Received in FY25 in New Verticals Already Announced Other orders in emerging growth areas Suspension Emission Suspension CEV Control Arms Components Control Arms Adjacencies Lightweighting Global Business Lightweighting Emission Control Vertical Vertical Vertical Vertical One
Slide 20: Key favourable Market Trends shaping our Growth Strategy
Key favourable Market Trends shaping our Growth Strategy Lightweighting Trend Strong requirement for Lightweighting due to Multi powertrains, upcoming CAFÉ norms & Safety requirements ▪ Consolidating market for high tensile control arms ▪ Few local players with new age lightweighting technology Chin
Slide 21: Key Future Growth Areas
Key Future Growth Areas Scaling up the Growing revenue from Capturing opportunities in M&A in Powertrain Lightweighting Vertical exports with focus on increasing domestic Agnostic Products & entry Europe & USA Markets addressable Market & into adjacent exponential Adjacencies markets ▪ Increasing Ma
Slide 22: Operations overseen by well-experienced board…
Operations overseen by well-experienced board… Mr. Navin Paul Mr. Kishan Parikh Mr. Ajay Relan Chairman, Non- Mr. Nitin Vishnoi Independent Non- Managing Director Executive Director Executive Director and Executive Non- Company Secretary Independent Director ● Has over 23 years of work experience ●
Slide 23: …complimented by experienced senior management
…complimented by experienced senior management Mr. Ajay Relan Mr. Aashim Relan Mr. G D Takkar Mr. Nitin Vishnoi Mr. Deepak Group Chief Executive Group CFO Executive Director Managing and Company Manchanda Director Officer CEO Global Business Secretary ● Responsible for managing ● Dynamic entrepreneu
Slide 24: Consolidated Key Financial Highlights Q4 FY25
Consolidated Key Financial Highlights Q4 FY25 Revenue from Operations (INR Crores) EBITDA (INR Crores) PAT (INR Crores) 88 101 750 99 84 703 690 95 75 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 23 Privileged & Confidential, © 2025, All Rights Reserved.
Slide 25: Consolidated Key Financial Highlights FY25
Consolidated Key Financial Highlights FY25 Revenue from Operations (INR Crores) EBITDA (INR Crores) PAT (INR Crores) 396 315 2,809 2,837 300 361 FY24 FY25 FY24 FY25 FY24 FY25 24 Privileged & Confidential, © 2025, All Rights Reserved.
Slide 26: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crores) Q4FY25 Q4FY24 YoY Q3FY25 QoQ FY25 FY24 YoY Revenue from Operations 749.9 703.4 7% 690.0 9% 2,836.6 2,809.3 1% Cost of Goods Sold 558.7 519.8 509.0 2,096.3 2,142.8 Gross Profit 191.2 183.6 4% 181.0 6% 740.3 666.4 11% Gross Profit Margin 25
Slide 27: Consolidated Balance Sheet
Consolidated Balance Sheet Equity & Liabilities (Rs. Crores) Mar-25 Mar-24 Assets (Rs. Crores) Mar-25 Mar-24 Non - Current Assets 337.0 586.1 Total Equity 1,061.8 1,005.9 Property Plant & Equipments 195.2 189.1 Share Capital 5.7 5.9 Capital Work In Progress 8.5 0.0 Reserves & Surplus 1,056.1 999.9 R
Slide 28: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. Crores) 31-Mar-25 31-Mar-24 Net Profit Before Tax 420.0 399.2 Adjustments for: Non -Cash Items / Other Investment or Financial Items -22.4 -27.1 Operating profit before working capital changes 397.6 372.1 Changes in working capital -25.4 99.5 Cash ge
Slide 29: Historical Consolidated Key Financial Highlights
Historical Consolidated Key Financial Highlights Revenue from Operations (INR Crores) EBITDA (INR Crores) PAT (INR Crores) CAGR: 8% CAGR: 20% CAGR: 28% 396 315 2,809 2,837 300 2,700 361 2,255 282 208 228 149 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 28 Privileged & Confidential, ©
Slide 30: Historical Consolidated Key Financial Highlights
Historical Consolidated Key Financial Highlights Return on Equity % Return on Capital Employed 39% 38% 37% 34% 35% 31% 30% 30% FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 29 Privileged & Confidential, © 2025, All Rights Reserved. Note : Return on Equity = Net Profit After Tax/Total Equity; Return on Cap
Slide 31: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (Rs. Crores) Q4FY25 Q4FY24 YoY Q3FY25 QoQ FY25 FY24 YoY Revenue from Operations 749.9 703.4 7% 690.0 9% 2,836.6 2,809.3 1% Cost of Goods Sold 558.7 519.8 509.0 2,096.3 2,142.8 Gross Profit 191.2 183.6 4% 181.0 6% 740.3 666.4 11% Gross Profit Margin 25.5
Slide 32: Standalone Balance Sheet
Standalone Balance Sheet Equity & Liabilities (Rs. Crores) Mar-25 Mar-24 Assets (Rs. Crores) Mar-25 Mar-24 Non - Current Assets 353.8 605.3 Total Equity 1,078.7 1,025.1 Property Plant & Equipments 195.2 189.1 Share Capital 5.7 5.9 Capital Work In Progress 8.5 0.0 Reserves & Surplus 1,072.9 1,019.2 R
Slide 33: Standalone Cash Flow Statement
Standalone Cash Flow Statement Particulars (Rs. Crores) 31-Mar-25 31-Mar-24 Net Profit Before Tax 417.5 394.5 Adjustments for: Non -Cash Items / Other Investment or Financial Items -19.9 -22.4 Operating profit before working capital changes 397.6 372.1 Changes in working capital -25.5 99.5 Cash gene
Slide 34: Corporate Social Responsibility – Sharda Unnati CSR Programmes
Corporate Social Responsibility – Sharda Unnati CSR Programmes Sharda - Green India Campaign Sharda Educate Blood Donation Drives Sharda Motor believes in promoting Infrastructure development, learning Organized regular voluntary blood donation environmental sustainability through regular tree mater
Slide 35: Contact Us
Contact Us Sharda Motor Industries Ltd. Investor Relations Advisors Mr. G D Takkar Mr. Kanav/ Mr. Salman Mohammed Shiras Group CFO AVP/ Associate - Investor Relations Practice 011-47334100 +91 9910036240 / +91 9654552746 gd.takkar@shardamotor.com kanav.Khanna@in.ey.com/ salman.shiras@in.ey.com www.s
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