Talbros Automotive Components Limited · NSE:TALBROAUTO
Talbros Automotive Components — Q2 FY2022 Earnings Presentation
31 slides from Talbros Automotive Components's earnings presentation, Nov 8, 2021
Slide 1: Talbros Automotive Components Ltd Q2FY22 Investor Presentation
Slide 2: Safe Harbour
Safe Harbour talb Autometive Components This presentation and the accompanying slides (the “Presentation”), which have been prepared by Talbros Automotive Components Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitat
Slide 3: Talbros Automotive Components Ltd (TACL) - Group
Talbros Automotive Components Ltd (TACL) - Group talb O Product Portfolio Entities TACL Group Turnover*(Rs. Crs) H1FY21 H1FY22 TACL Standalone 106 H1iFY21 H1FY22 Marelli Talbros Chassis Systems 72 Pvt Ltd Talbros Marugo Rubber Pvt Ltd 25 * Includes other income Including Total Share of JV 3
Slide 4: Consolidated Q2 — FY22 Highlights
Consolidated Q2 — FY22 Highlights talb Autometive Components oe Commenting on the performance Mr. Anuj Talwar, Jt. Managing Director, Talbros > 146 ... Automotive Components Limited said: “Talbros has reported Rs.285crs. of revenue during H1FY22 marking 77% of growth on YoY basis. The financials for
Slide 5: Venturing into EV
Venturing into EV talbr en nn en en nn nn ee en en en ene en enn en nen ene FORGINGS oo Supplying parts for Plug-in hybrid Electric Vehicles to OEMs globally : Vo eee eee ee ee ee ee ee ee ne ee ee ee ee ee ne ee ee ee ee ee ee ee ee ee” talbros nA MARELLI o Marelli Talbros is working on new RFQ’s f
Slide 6: Multi-year orders received in FY21 — Adding to growth in FY22
Multi-year orders received in FY21 — Adding to growth in FY22 talb Automotive Components O Multi-Year order win for BIW parts Technical Assistance Agreement with SANWA Careful Strategic Planning And Implementation Efforts ° Entered in a Technical Assistance Agreement o Marelli Talbros Chassis System
Slide 7: Consolidated Performance Highlights
Consolidated Performance Highlights talb Total Income from Operations ° EBIDTA O PAT = v7 10.0 Q 110.2 Sam o = oO Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 284.5 39.5 21.1 = Sm o > 160.7 18.9 o I 1.1 H1FY21 = H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 Rs. Crores Includes Other Income 7
Slide 8: Q2 & H1 FY22 Standalone Business Performance Highlights
Q2 & H1 FY22 Standalone Business Performance Highlights talb O Total Income from Operations ° EBIDTA Gaskets | ! 178.9 90.9 68.1 Qary2t QaFy22 HIFY21 — HAFY22 Q2FY21 Q2FY22_—-HIFY21_—_—‘HAFY22 Forgings CD : 55.0 | 43.0 7.7 7.9 Q2FY21 Q2FY22 Hi1FY21 H1FY22 Q2FY21 Q2FY22 H1FY21 H1FY22 Rs. Crores Inclu
Slide 9: Q2 & H1 FY22 JV's Performance Highlights
Q2 & H1 FY22 JV’s Performance Highlights talb O Nippon Leakless Talbros Pvt Ltd Marelli Talbros Chassis Systems Pvt Ltd Talbros Marugo Rubber Pvt Ltd Total Income from Operations Total Income from Operations Total Income from Operations 36.0 72.5 24.6 33.2 Q2FY21 Q2FY22 H1FY21 H1FY22 Q2FY21 Q2FY22 H
Slide 10: Domestic Break Up / Overall Break Up
Across varied segments... Domestic Break Up* @ 2&3 Wheelers m@ Passenger Vehicle m HCV & LCV @ Agri & Off Loaders @ Others Overall Break Up* MOEM JW Exports m After Market M™ Others *Proportionate Share of JV 10
Slide 11: Improving Our Key Metrics
Improving Our Key Metrics Return on Equity Return on Capital Employed Debt/Equity ——___- e ——— 16.4% 18.2% 0.77 14.1% 10.5% 0.44 9.0% 0.37 FY20 FY21 H1FY22 FY20 FY21 H1FY22 FY20 FY21 H1FY22 Note: * All the ratios have been calculated on Consolidated Basis * PAT, Net Worth and Capital Employed is exc
Slide 12: Q2 & H1 — FY22 Consolidated Profit & Loss Statement
Q2 & H1 — FY22 Consolidated Profit & Loss Statement talb Automotive Components O Particulars (Rs. In crores) Q2FY22 ova Pal ha ead H1FY21 Revenue from Operations 144.0 108.3 33.0% 280.8 157.0 78.8% Other Income 1.7 2.0 3.7 3.7 Total revenue from Operation 145.7 110.2 32.2% 284.5 160.7 77.0% Raw Mate
Slide 13: H1 FY22 Consolidated Balance Sheet
H1 FY22 Consolidated Balance Sheet talb Autometive Components O ASK} Sep-21 Mar-21 EQUITY AND LIABILITIES Sep-21 Mar-21 Non-current assets Equity Property, plant and equipment 146.7 145.4 Equity Share capital 12.3 12.3 Capital work in progress 1.0 3.0 Other equity 257.8 235.2 Investment property 3.0
Slide 14: H1 — FY22 Consolidated Cash Flow Statement
H1 — FY22 Consolidated Cash Flow Statement O rad Ol ee CM Og H1FY22 H1FY21 PBT 25.2 1.4 Adjustments 14.3 16.0 Operating profit before working capital changes 39.5 17.4 Changes in working capital -11.9 11.7 Cash generated from operations 27.6 29.1 Direct taxes paid (net of refund) -10.0 Net Cash from
Slide 15: Hedged Portfolio
Hedged Portfolio... talb Autometive Components O H1 FY22 - Revenue Contribution ® Segments Product Portfolio Market Exposure TMR _*>_ "= ig el 4% NLK = 2 Wheelers = Gaskets = OEMs 4% 7 3Wheelers . Heat Shields =» After Market (— MTC = Passenger Vehicles = Forgings =» Exports 10% Chassis Systems . =
Slide 16: Having Diversified Customer base - Top 10 Customers
Having Diversified Customer base - Top 10 Customers O FY21 H1 FY22 01 Hero Motocorp Limited 10% 01 Maruti Suzuki India Limited 9% 02 Maruti Suzuki India 9% 02 Bajaj Auto 9% 03 Bajaj Auto 9% 03 ae Metin) 7% 04 Jaguar Land Rover Limited 6% 04 Hero Motocorp Limited 7% 05 GKN Driveline Brunico 6% 05 Tat
Slide 17: Gasket Business
Gasket Business talb Automotive Components. O Standalone — Total Income. In — House tool design and manufacturing 333 ~40% Market share in Gaskets 3x the nearest 67 292 265 287 competitor Market Leader in — Two Wheeler, Agri & Off Loaders, 179 HCV & LCV segment Single Source Supplier for 5 of our cu
Slide 18: Standalone Business — Forgings
Standalone Business — Forgings talb Automotive Components 42436) 166 170 One stop solution for Hot Forging (750 to 2,500 Ton Press) 134 Exports 115 ; 106 EEL In-House tool design and manufacturing Strong presence in Overseas Market & Supplier to top Tier | companies One Stop Solution for Die Design,
Slide 19: Strong Global Partnerships - Joint Ventures
Strong Global Partnerships - Joint Ventures talb Automotive Components. O (NLLK) AaU-SLVAL RASH > NIPPON LEAKLESS CORPORATION talbros nA MARELLI © Marugo Rubber Industries, Ltd, = Nippon Leakless Talbros Pvt Ltd (NLK) Marelli Talbros Chassis Systems Pvt Ltd (MTC) Talbros Marugo Rubber Pvt Ltd (TMR)
Slide 20: JV's Performance Highlights - Total Income from Operations
JV’s Performance Highlights - Total Income from Operations talb O Nippon Leakless Talbros Pvt Ltd | Marelli Talbros Chassis Systems Pvt Ltd | Talbros Marugo Rubber Pvt Ltd 108.7 106.0 124.3: 22.0 45.8 109.0 40.8 41.0 83.4 85.8 705 ' 30.9 24.6 7 I i q : FY17, FY18 FY19 FY20) FY21 H1FY22 FY17 = FY18 F
Slide 21: About Us
About Us O as Over 6 Decades of experience in Auto Component manufacturing Diversified Auto Component player with presence across Two Wheelers, ona Passenger, Commercial Vehicles and Farm Equipment's Wide client base, “40% revenue from top 5 clients & ») Businesses across OEMs, Exports and After Mar
Slide 22: Leadership Team driving Growth & Profitability
Leadership Team driving Growth & Profitability talb Automotive Components Anuj Talwar - Joint Managing Director Is a Bachelor in Business Administration from college of William & Mary, Virgina, USA and Master of Business Administration from Boston University Graduate School of Management. He has bee
Slide 23: Board of Directors
Board of Directors O * Mr. Naresh Talwar, aged 80 years, is a Promoter and Non- Executive * Mr. Umesh Talwar, has done B.Com (Hons) from Delhi University and MBA Mr. Naresh Talwar Chairman of the Company. He has been associated with the Company Mr. Umesh Talwar from XLRI, Jamshedpur. He has more tha
Slide 24: Executive Management
Executive Management talb Autometive Components O Mr. Manish Khanna | Mrs. Seema Narang Chief Financial Officer Company Secretary A Qualified CA and MBA, he has over 17 years of experience with LeeBoy India She has over 29 years of experience in the secretarial department and has worked with Constru
Slide 25: Scope of Joint Ventures
Scope of Joint Ventures talb Automotive Components. — ee | Rear Twist Beam Axle Lr ——_— =| Front Cross Members LL Wheel Group + Corner Module | Control Arms MMT Existing Business r | MMT Planned for Future oll Leste I nsottroe | 25
Slide 26: Evolving Product Portfolio
Evolving Product Portfolio Automotive Components. JV with Marugo Evolution Rubber Continues... Revenue FY07 JV with Magneti | Marelli Hoses Hoses TA with SANWA Anti Vibration Anti Vibration Acquired Sheet Metal, Products Products Entry into Forgings, with NLK - Gaskets “has toms | Revenue FY21 Anti-
Slide 27: Diversified Customer - OEM
Diversified Customer - OEM talbn © EB. tm. Hero CL, @ VAMAHA sum Z BAIAS STaie toad in GP ee GD MARUTI @ _ Rx HYUNDAI @\p Mahindra ws SUZUKI : TATA @s © HCV/LCV ronce (oars) DAIMLER ae CD Mahindra €& © TATA FORCE = VE COMMERCIAL VEHICLES = “ASHOK LEYLAND : Agri & Off Loader nm _ @* INTERNATIONAL is0
Slide 28: Equity
Equity talb O Consistently paying Dividend for the last 50 years 1.5 1.5 1.5 / / ' FY13 FY14 FY15 FY16 FY17 Promoter Shareholding I I 51.5% 53.9% 54.0% 56.6% 56.6% 56.6% 56.6% 58.2% © 1 58.2% 0 69 46.3% 41.6% 44.5% 45.6% 6 I I l l l l I I l l l l I Jun-10 Jun-11 Jun-12 Jun-13 Jun-14 Jun-15 Jun-16 De
Slide 29: Appreciation From Customers
Appreciation From Customers O ® ASHOK LEYLAND PRUER CAPABILITY ENMANCEMENT General Motors Company 30001 Van Dyke Avenue : CERTIFICATE OF APPRECIATION Warren, MI 48083 This Certificate is awarded to www.gm.com P ‘ TALBROS AUTOMOTIVE COMPONENTS LTD : Rae (HARYANA) We congratulate and appreciate your p
Slide 30: Customer Awards for Best Performances
Customer Awards for Best Performances talb Automotive Components ACMA 16" Quality Circle HR Association india PNGIHR Eicher Engine Toyota Kirloskar Competition 2019 Gold Award 2019 Excellence Award 2018 Supplier Meet 2018 Zero Defect Supplies 2018 Pe Td : @TOYOTA “TOYOTA KIRLOSKAR AUTO PART: PVELTD,
Slide 31: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : SG A Strategic Growth Advisors Talbros Automotive Components Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L29199HR1956PLC033107 CIN: U74140MH2010PTC204285 Ms. Seema Narang Mr. Shogun Jain / Ms. Akashi Modi seema narang
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