Autoline Industries Limited · NSE:AUTOIND
Autoline Industries — Investor Presentation (February 2024)
24 slides from Autoline Industries's investor presentation, Feb 21, 2024
Slide 1: Regulation 30 disclosure of analyst/investor meet
om Sew fie B ~~ on oT af oa te at AUTOMLINE AUTOLINE INDUSTRIES LTD. Regd. Office : Survey Nos. 313/314, Nanekarwadi, Chakan, Tel - Khed, Dist. - Pune : 410 501, INDIA & : +91 2135 664865 / 6, Fax : +91 2135 664864. Website : www.autolineind.com CIN-L34300PN1996PLC 104510 % IAT 16949 Date: 21-02-202
Slide 2: Investor Meet
Commercial Vehicles Railways Consumer Durables Split ACs INVESTOR MEET Battery Pack Components
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared for informational purposes only. This Presentation does not constitute a prospectus, Offering circular or offering memorandum and is not an offer or initiation to buy or sell any securities, nor shall part or all of this presentation from the basis of,
Slide 4: Agenda
Introduction Quarterly and Annual Financials Agenda Key Financial Metrics Strategy & Outlook Historical Financials
Slide 5: About Autoline
ABOUT AUTOLINE Autoline has an Autoline is among installed capacity to process Autoline, a medium-sized auto India’s largest Sheet Metal engineering firm, crafts sheet components manufacturer, serving major OEMs like 120,000 MT metal components, sub- of steel per annum. assemblies, and assorted part
Slide 6: Our Journey
OUR JOURNEY 2013-2016 1999-2005 2023-… • Witnessed downturn in • Production Facilities business but survived. • Divestment of AIPL established at: • Broadening Client and land parcel • Chakan Unit 1 & II Product Portfolio • New plant at Sanand • Pimpri Unit • Successful CCD issue 1996-1998 2006-2012
Slide 7: Industries Served
INDUSTRIES SERVED Automotive Components Solar E-Bicycle Railways Components Construction Power Equipment's Generation
Slide 8: Key Financials
KEY FINANCIALS REVENUES EBITDA (FIGURES IN INR CRS) (FIGURES IN INR CRS) 800 60 48 41 40 600 40 400 20 11 11 566 647 -9 200 390 385 452 0 -1 316 284 0 -20 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY22-23 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY22-23 In the post-pandemic
Slide 9: Business Verticals
Automotive Components Business Non-Auto Components Verticals Railways Solar Components
Slide 10: Customers Mechanical Assemblies / Clientele
Small Other Major Exhaust Mechanical BIW* Customers Systems Assemblies Parts CLIENTELE
Slide 11: Summary of Standalone Results
SUMMARY OF STANDALONE RESULTS Particulars Q3 Q3 Change 9 Months 9 Months Change (INR in Crores) FY 22-23 FY 23-24 % FY 22-23 FY 23-24 % Revenue 151.40 152.82 0.9% 497.64 461.83 -7.2% CORM 110.83 104.51 -5.7% 374.51 325.77 -13.0% % of Revenue 73% 68% 75% 71% Gross Contribution 40.57 48.31 19.1% 123.1
Slide 12: Standalone Expenditure Analysis
STANDALONE EXPENDITURE ANALYSIS Particulars Q3 Q3 Change 9 Months 9 Months Change (As a % of Revenue) FY 22-23 FY 23-24 % FY 22-23 FY 23-24 % Cost of Raw Material (CORM) 73% 68% -6.6% 75% 71% -6.3% Employee benefits expenses 6% 6% 9.4% 5% 6% 17.0% Finance costs 3% 3% -4.2% 3% 3% 5.1% Depreciation a
Slide 13: Standalone Key Ratios
STANDALONE KEY RATIOS Particulars 31st Dec'22 31st Dec'23 (INR in Crores) Net Fixed Asset 99.43 119.22 Fixed Asset Turns Fixed Asset Turns 4.90 4.20 Sales/Average Net Fixed Assets Receivables 97.35 64.54 Average Receivables Days Avg. Receivables in Days 54.94 54.24 (Average Receivables/Sales) x 270
Slide 14: Standalone Balance Sheet
STANDALONE BALANCE SHEET Particulars 31st Dec'22 31st Dec'23 Particulars (INR in Crores) 31st Dec'22 31st Dec'23 (INR in Crores) Net Fixed Assets A 96.61 105.71 Gross Debt 196.75 177.60 Right of use Assets B 2.82 13.51 Cash & Bank Balance 4.44 50.44 Other Non Current Assets C 106.93 123.69 Net Debt
Slide 15: Major Highlights of Q3 FY24
MAJOR HIGHLIGHTS OF Q3 FY24 Market Growth Operational Set up of Sanand & Diversification: Optimization: Production Plant: The company's commitment to Productivity improvement and cost The company is primed to capitalize on excellence drives market expansion and reduction being critical aspects for a
Slide 16: Industry Outlook
INDUSTRY OUTLOOK Alternative Fuels and EVs: The industry is witnessing a positive sentiment towards Economic Growth: India’s growing alternative fuels and electric vehicles economy, investments in (EVs). Factors like state and central infrastructure, and robust subsidies, rising fuel costs, and repl
Slide 17: Future Growth Strategy
FUTURE GROWTH STRATEGY Aligning investments in Pune for TML PV & Mahindra in sync with their increased Opportunities with demand and expansion plans. Existing Customers Setting up of a new manufacturing plant at Sanand for Nexon Volume increase & New Sierra business. Auto IC & EV Segments Oppo
Slide 18: Expansion in Pune – Industry 4.0 Enabled
EXPANSION IN PUNE – INDUSTRY 4.0 ENABLED Addition of a new robotic press Investment of line including 1000T, 800T, 600T, Rs. 60 Cr. for presses and and 500T presses additional facilities. (Total: 5 presses) Press line set up in existing Target installation and Chakan plant with new shed operational
Slide 19: Sanand New Setup - Industry 4.0 Enabled
SANAND NEW SETUP - INDUSTRY 4.0 ENABLED INDUSTRY 4.0 - KEY TECHNOLOGIES Internet of Big Data Things (IoT) and Analytics Artificial Cloud Intelligence (AI) Computing Customer Improved Efficiency: Enhanced Quality: Innovation: Supply Chain Workforce Changes: Experience: Optimized processes Data-driven
Slide 20: Future Outlook
FUTURE OUTLOOK Improved margins due to enhanced operational efficiencies and increased operating leverage. High revenue growth, profitability and cash flows will result in improved capital efficiency and a stronger balance sheet. The company holds a unique position in the Indian auto industry and st
Slide 21: Financial Outlook Q4FY24
FINANCIAL OUTLOOK Q4FY24 Sales EBITDA in Q4 FY24 are Revenue in Q4 is projected to from non-automotive forecasted to business is projected to increase by increase by increase by 35%~ 45% 65%~75% compared to Q4 5%~7% compared to FY23. in Q4. Q4FY23. In Q4FY24, operating margins across segments The ca
Slide 22: Historical Consolidated Profit & Loss Statement
HISTORICAL CONSOLIDATD PROFIT & LOSS STATEMENT Particulars 9M FY24 FY23 FY22 FY21 FY20 Net Revenue 464.73 649.75 567.20 284.69 316.27 Cost of Materials Consumed 344.95 482.33 402.61 186.37 223.86 Purchase of Products for Sale - - - - - Change in Inventory of Finished Goods, -18.73 3.99 -3.66 2.46 7.
Slide 23: Historical Consolidated Balance Sheet
HISTORICAL CONSOLIDATED BALANCE SHEET Balance Sheet - Liabilities (Rs Cr) 9M FY24 FY23 FY22 FY21 FY20 Share Capital 39 39 38 31 27 Reserves & Surplus 151 100 88 53 76 Equity 190 139 125 84 103 Long-Term Borrowings 47 31 28 65 49 Deferred Tax Liabilities 0 0 0 0 0 Other Long-Term Liabilities 2 2 1 0
Slide 24: Thank You!
Thank You! We look forward to working with you!
Autoline Industries — Investor Presentation (February 2024) on 6ix