Jk Tyre & Industries Limited · NSE:JKTYRE
Jk Tyre & Industries — Q3 FY2023 Earnings Presentation
33 slides from Jk Tyre & Industries's earnings presentation, Feb 6, 2023
Slide 1: Cover letter to stock exchanges
JIQtYF-e & INDUSTR'ES LiD. JKTIL:SECTL:SE:2023 Date: 6tn February 2023 BSE Ltd. I National Stocf Excnange ot tndia ttd. Phiroze Jeejeebhoy Towers, I Exchange Plaza, C -1, Block G, Dalal Street, I Bandra -Kurla Complex, Mumbai-400 001. I Bandra (E), Mumbai -400 051. Scrip Code: 530007 lscrip Code: JK
Slide 2: Earnings Presentation – Q3FY23
MANUFACTURING MARKETING EARNINGS PRESENTATION – Q3FY23 Driving smartly into the future BRANDING DIGITALISATION FINANCIAL ESG
Slide 3: Business Overview
KX Business Overview €<
Slide 4: JK Tyre at a Glance
JK Tyre at a Glance Innovation at JK Tyre 40+ 25th Years of experience in tyre Ranked top tyre company ❖ Pioneer of radial technology in India and No. 1 in Truck/Bus manufacturing in the world Radial (TBR) manufacturer ❖ State-of-the-art Centralized Tech Centre at Mysore – “Raghupati Singhania Centr
Slide 5: Global Manufacturing Platforms
Global Manufacturing Platforms India Annual Capacity by Product Line – Volumes in Million Kankroli, Laksar, Rajasthan – 1 Uttarakhand – 3 14.5 2.3 7.9 3.7 4.1 Banmore, Truck and Passenger 2/3 Wheeler Others Madhya Pradesh – 1 Bus Line Radial Radial Bias Mexico Mysuru, Karnataka – 3 Chennai, Hidalgo
Slide 6: Digital Marketing Initiatives
Digital Marketing Initiatives Social Media Content Marketing Google My Business 1 Consistent Social Media Presence 2 Content Oriented Digital Marketing No.1 Tyre Brand at Social Tyre Industry Highest no. of 600+ Brand Shops listed at Media in terms of Followers views at YouTube 77Mn+ Google My Busin
Slide 7: Extensive Distribution Network
Extensive Distribution Network Extensive Distribution Network India Distribution Network ❖ 6,000+ Dealers ❖ 500 Distributors 64 JK Tyres 421 JK Tyre 205 Xpress 59 JK Re-tread ❖ Tie up with 870 Fleet Operators Truck Wheels Steel Wheels Wheels centres ❖ Tie up with 3 Oil Marketing Companies Fully equi
Slide 8: Leadership Team
Leadership Team Dr. Raghupati Singhania Chairman & Managing Director Arun K. Bajoria Anshuman Singhania Director & President - Anuj Kathuria A. K. Kinra Sanjeev Aggarwal V. K. Misra Managing Director International President - India Financial Advisor CFO Technical Director Dr. R. Mukhopadhyay A. K. M
Slide 9: Strong R&D Capabilities
Strong R&D Capabilities Technology – Global Tech Centre (RPSCOE): • Centralized Tech Center in Mysore, Karnataka with more than 200 R&D and Technology Scientist and Engineers in following facilities: HASETRI - Asia's first and India’s foremost highly versatile and State-of-the-art Tyre / Elastomer I
Slide 10: Innovative Products Gaining Traction
Innovative Products Gaining Traction TBR - JUH XF & JDH XF Puncture Guard Tyre PCR – Taximax – 1Lac km. tyre ✓ Fuel Saver Technology Design ✓ Self-repair multiple punctures ✓ Very High Mileage & Durability ✓ Low RRC & Low Noise ✓ Hassle-free ride throughout life ✓ Superior Grip & Braking ✓ High Mile
Slide 11: Product Portfolio Differentiation
Product Portfolio Differentiation Smart Tyres Green Tyres Recently acquired smart tyre technology start-up to revolutionize “Green tyre" technology increases fuel efficiency thereby conserving Indian tyre market – First in India to launch Tyre Pressure natural resources Monitoring System (TPMS) base
Slide 12: Key Customers
Key Customers Passenger Car Tractor Truck & Bus OTR 2 Wheeler 2 Wheeler – Electric 10
Slide 13: Strengthening OEM Presence
Strengthening OEM Presence Gaining OEM footprint and volumes across segments MARUTI SUZUKI SWIFT FORCE HYUNDAI CRETA, & ALCAZAR TVS APACHE DZIRE, SWIFT, WAGONR TRAVELER KIA CARENS, & SELTOS TATA INTRA TATA GOLD 11
Slide 14: EV Tyres – Future Ready
EV Tyres – Future Ready JK Tyre unveils complete range of EV-specific smart radial tyres EV Tyres range Developed a complete range of electric vehicle (EV)-specific Smart radial tyres for all categories of trucks, buses, LCVs and passenger cars in India. Ensures ultra-low Improved wet and rolling re
Slide 15: Key Marketing Initiatives
Key Marketing Initiatives INDIAN CAR OF THE YEAR INDIAN MOTORCYCLE 2023 OF THE YEAR 2023- KIA CARENS ROYAL ENFIELD HUNTER PREMIUM CAR AWARD GREEN CAR AWARD 2023 2023 MERCEDES-BENZ EQS 580 KIA EV6 Presented 18th edition of ICOTY & IMOTY Awards 2023, most coveted awards, a platform created by JK Tyre.
Slide 16: Key Marketing Initiatives
Key Marketing Initiatives #FutureOfDriving I JK Smart Tyre JK Puncture Guard Tyre I Self-Healing (The Future of Driving is here) (Record hits of over 100 Million in 2 months) Hits of over 110 million in a less than 4 months Awarded Innovative Auto Solution at “Top Gear Awards 2022” 14
Slide 17: Brand Accolades
Brand Accolades Recognised for “ET ICONIC BRANDS OF INDIA 2022” Conferred “SUPER BRANDS 2023” 15
Slide 18: Revenue Segmentation: End User Market
Revenue Segmentation : End User Market Revenue Mix by Market – Q3FY23 Exports 16% Exports 16% India OEMs Operations Replacement Consolidated OEMs Replacement 27% 57% 24% 60% Revenue Mix by Product Line – Q3FY23 Others Others 13% 11% 2/3 Wheelers 5% 2/3 Wheelers 4% India Passenger Line Operations Con
Slide 19: Q3FY23 & 9MFY23 Performance Review
Q3FY23 & 9MFY23 Performance Review
Slide 20: Q3FY23 Financial Performance Highlights
Q3FY23 Financial Performance Highlights Consolidated Standalone (Rs. Crore) Q3FY23 Q2FY23 Q3FY22 Q3FY23 Q2FY23 Q3FY22 Turnover 3,623 3,764 3,084 2,488 2,418 2,130 EBITDA 349 305 281 218 181 201 Margin 9.6% 8.1% 9.1% 8.7% 7.5% 9.4% PBDT (Cash Profit) 228 196 177 147 122 144 PBT 113 74 88 84 48 84 PAT
Slide 21: 9MFY23 Financial Performance Highlights
9MFY23 Financial Performance Highlights Consolidated Standalone (Rs. Crore) 9MFY23 9MFY22 % change 9MFY23 9MFY22 % change Turnover 11,037 8,700 27% 7,246 5,892 23% EBITDA 946 874 8% 575 591 (3%) Margin 8.6% 10.0% (140) Bps 7.9% 10.0% (210) Bps PBDT (Cash Profit) 617 556 11% 391 418 (7%) PBT 243 265
Slide 22: FY2022 Performance Highlights (Consolidated)
FY2022 Performance Highlights (Consolidated) Key Business Highlights Q4-FY22 Consolidated Financial Performance 1. Recorded highest ever revenues of Rs.12,000 crore, INR 3,320 Cr. INR 459 Cr. INR 236 Cr. driven by strong domestic as well as highest ever Revenues (incl. exports) Exports from India EB
Slide 23: Growth Strategy
XK Growth Strategy
Slide 24: Strategic Priorities
Strategic Priorities Management remains fully committed to implement its strategy to further expand its market presence and gain market share Strengthen Product Market Position Increase Global Deleverage Maximizing Portfolio across Business Balance Sheet Benefits of Premiumization Segments Share Acq
Slide 25: Sustainability
KX Sustainability
Slide 26: Sustainability at JK Tyre
Sustainability at JK Tyre We strengthened our ESG initiatives around 5P’s sustainability platform Productivity (Resource Conservation) People Peace & (Safety & Partnership Wellbeing) 5Ps Sustainability* Poverty Protect (Standard of (Environment) living) * Conceptualized by JK Tyre 24
Slide 27: JK Tyre secured 'Best in Class' ESG rating - CareEdge
JK Tyre secured ‘Best in Class’ rating on ESG performance - CareEdge JK Tyre’s ESG performance is driven by strong commitment and performance on majority themes to ensure ESG integration. JK Tyre ESG Score Vs. Avg. Industry Score 75 65 Industry Average Industry Best - JK Tyre Environment (80) – Long
Slide 28: Sustainability Initiatives at JK Tyre
Sustainability Initiatives at JK Tyre Sustainability initiatives & practices leading to resource conservation and manufacturing excellence Research & ▪ Usage of Bio sourced materials Development Led ▪ Higher usage of recycled material Product ▪ Continuous improvement in RRC ( Rolling Resistance Coef
Slide 29: Sustainability – Environment
Sustainability – Environment Safety – Reportable Incident (Nos.) Energy Consumption (GJ / Tonne) 27 22 17 11.24 10.70 10.26 10.36 9.50 9.38 8.93 6 5 4 4 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 YTD FY23 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 YTD FY23 All Plants awarded with “Sword of
Slide 30: Sustainability – Operational Efficiencies
Sustainability – Operational Efficiencies Specific Power Consumption – Kwh / Kg Recognitions to our efforts 0.937 0.894 0.863 0.874 “Among the India’s top 30 Most Sustainable 0.810 0.802 companies, organized by Business World” 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 YTD FY23 Reducing Power C
Slide 31: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) Livelihood More than 1 lac people benefitted through our projects, viz., skill building, SHGs, agricultural & livestock Enhancement development etc. Adult literacy programs in remote villages (over 50,000 beneficiaries), Mysuru prisoners (over 6,000), Education
Slide 32: Disclaimer
Disclaimer This presentation has been prepared by JK Tyre & Industries Limited (the “Company” or “JK Tyres”) solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distr
Slide 33: JK Tyre & Industries Ltd. contact details
&K Skerry ree TOTAL CONTROL JK TYRE & INDUSTRIES LTD. HEAD OFFICE | REGISTERED OFFICE AND WORKS 3, Bahadur Shah Zafar Marg, | Jaykaygram, PO-Tyre Factory New Dethi-110002 | Kankroli - 313 342, Rajasthan T:491-11-66001112 « F: +91-11-23322059 | T: 02952-302400/330011 « F: 02952-232018 CIN:L67120RJ195
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