Steel Strips Wheels Ltd · NSE:SSWL
Steel Strips Wheels — Investor Presentation (December 2021)
26 slides from Steel Strips Wheels's investor presentation, Dec 22, 2021
Slide 1: Schedule of Analysts/Institutional Investor Meet
STEEL STRIPS WHEELS LTD. @ ,,,,,,,*,,,o*o,, CtN: L271 07pB19g5pLC006159 Head Office : |50/T516949 Certified SCO 49-50, Sector-26, Madhya tVarg, Chand jgarh_160 019 flNDtA) Dated: 22.!2,202L ret. : +91_172_2793112, 27gog7g. zigzsas' Fax : +9i -172-2794834 t 27\O8AT Bombay Stock Exchange Limited ^, .W
Slide 2: Steel Strips Wheels Ltd
STEEL STRIPS WHEELS LTD Delivering Value Seeking Excellence
Slide 3: Company Overview
Company Overview SSWL is a leader in designing Our state of the art facilities caters to a Led by our: & manufacturing automotive wide range of domestic and global wheels – both under the steel automobile makers while following Chairman, Mr. RK Garg & alloy category. the highest quality standards. M
Slide 4: Highlights and Values
Highlights Values Honesty, Integrity & Transparency as essential ingredients of a stable & Founded in Wheel Plant strong organization. 1991 4 Safety, Technology & Quality leadership. Being bold and agile, courageously taking on challenges. Optimal use of natural resources- fuel, water, energy. Wheel
Slide 5: Manufacturing Locations
Manufacturing Locations Manufacturing locations Capacities Strategic Investors + Dappar (Punjab) - North India + Total 23.0 Million nos p.a. + Tata Steel Ltd, India - 6.97%, + Oragadam , Chennai (Tamilnadu) - + Dappar - 10.8 Million + Nippon Sumitomo Metal Industries, South India + Chennai -6.0 Mill
Slide 6: Our Journey
Our Journey DAPPAR PLANT 2 W & TRACTOR EXPORT PRODUCTION Start of Commercial WHEELS + Start of Commercial production for Exports Developed Semi Full production for Maruti Start of Commercial market by supplies of Passenger Car face Styled wheel for Suzuki from Dappar production for 2 wheels to PSA P
Slide 7: Our Journey (cont.)
Our Journey (cont.) JAMSHEDPUR SSWL CHENNAI SARAIKELA PLANT ( HOT ROLLING MILL) PLANT TRUCK PLANT + The Hot Rolling Mill at Saraikela was Start of production at Start of production of incorporated primarily to provide Jamshedpur plant truck wheels at backward integration for our steel wheels Chennai
Slide 8: Partners - Passenger Vehicle
Partners - PASSENGER VEHICLE
Slide 9: Partners - Tractor
« Strips Wheels Limited Gm Partners - TRACTOR , oS. & sua © Mahindra = wrennarona EICHER ESCORTS JOHN DEERE 2 YANMAR @ Gromax gam GD Kuhotacantan
Slide 10: Partners - Commercial Vehicle / OTR
Partners - COMMERCIAL VEHICLE / OTR
Slide 11: Partners - 2-3 Wheeler
han Strips Wheels Limited We Partners - 2-3 WHEELER Z ad GJrrccio HONDA Mahindra SS . nr AMPERE SUZUKI cy By GREAVES
Slide 12: SSWL Export Customers Locations
SSWL Export Customers Locations Russia UK Germany Poland Canada Netherlands Slovakia USA France Romania Japan Austria Hungary Spain S Korea Italy Morocco Egypt U.A.E. Thailand Colombia Brazil Argentina Customers Locations
Slide 13: Domestic Business Allocations (Steel Wheels)
Domestic Business Allocations (Steel Wheels) 50% market share in the 53% market share in the passenger vehicles segment MHCV segment Key Customers SOB Key platforms Key Customers SOB Key platforms Maruti Suzuki 50% Ciaz, Baleno, Scross, Brezza, Celerio Ashok Leyland 55% Ecomet, Ross, Viking, Cheetah
Slide 14: SSWL Mindshare in Alloy Wheel Market
SSWL Mindshare in Alloy Wheel Market SSWL Nomination for Alloy SOB Wheel Programs Hyundai Creta 100% Hyundai Alcazar 100% Hyundai Venue 100% Hyundai Verna 100% Hyundai Aura 100% Kia Seltos 18% Kia Sonnet 50% Renault Kiger 100% Nissan Magnite 100% Mahindra New Xuv 700 100% Mahindra Xuv 300 100% Tata
Slide 15: Sales Performance Turnover Value
Sales Performance Turnover Value (in Crs) Rs in Cr. 4,000 3,500 3,500/3,600 3,000 2,500 2,041 2,000 1,749 1,636 1,557 1,563 1,500 1,000 500 - 2017-18 2018-19 2019-20 2020-21 2021-22(H1) 2021-22(Proj)
Slide 16: Growth Drivers Export Value
Growth Drivers Export Value Value(Rs Cr.) 1,000 900 900 800 700 600 500 481 400 300 271 222 198 200 115 100 - 2017-18 2018-19 2019-20 2020-21 2021-22(H1) 2021-22(Proj)
Slide 17: Growth Drivers Mehsana Plant Value
Growth Drivers Mehsana Plant Value Net Value(Rs Cr.) 700 650 600 500 400 338 293 300 200 102 100 57 - 2018-19 2019-20 2020-21 2021-22(H1) 2021-22(Proj)
Slide 18: EBITDA (Rs in Crs)
EBITDA(Rs in Crs) EBIDTA (Rs in Crs) 500 450 450 400 350 300 263 250 238 214 220 193 200 150 100 50 0 2017-18 2018-19 2019-20 2020-21 2021-22(H1) 2021-22(Proj)
Slide 19: Earning Per Share (Rs)
Earning Per Share (Rs) 140.00 118.03 120.00 100.00 80.00 60.00 52.88 48.28 40.00 31.58 20.00 15.04 - 2017-18 2018-19 2019-20 2020-21 2021-22(Proj) EPS
Slide 20: Secured Term Debt (Rs Cr)
Secured Term Debt(Rs Cr) 650 610 600 595 544 548 550 498 500 450 400 2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
Slide 21: Debt/EBITDA
Debt/EBITDA 6.00 4.89 5.00 4.37 4.21 4.00 3.45 3.00 2.00 2.00 1.00 0.00 2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
Slide 22: Fixed Asset Turnover Ratio
Fixed Asset Turnover Ratio 2.500 2.39 2.300 2.100 1.900 1.700 1.52 1.54 1.500 1.39 1.300 1.20 1.100 0.900 0.700 0.500 2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
Slide 23: ROCE
ROCE 30.00% 24.93% 25.00% 20.00% 15.00% 15.00% 13.28% 10.68% 10.00% 8.71% 5.00% 0.00% 2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
Slide 24: Key Strategies Going Ahead
Key Strategies Going Ahead • Prioritise reduction in company debt. 1. • Targeting threshold ROC of 25% for the company. 2. • Operating expense optimization with introduction 3. of major robotic overhauling. • Shift overall Sales Mix towards EBITDA accretive 4. segments(Alloy/Exports)
Slide 25: Way Forward
Way Forward 2018-19 2020-21 10% 3% 16% 19% 65% 87% Domestic Sales Alloy Wheels Export Domestic Sales Alloy Wheels Export 2021-22(H1) Way Forward 30% 26% 52% 50% 18% 24% Domestic Sales Alloy Wheels Export Domestic Sales Alloy Wheels Export
Slide 26: Thank You…
Contact Us Corporate Office Address Steel Strips Wheels Ltd, S.C.O. 49- 50, Sector 26, Madhya Marg, Chandigarh – 160 019, India +91-172-2790979 +91-172-2793112 marketing@sswlindia.com (Domestic) intl.marketing@sswlindia.com (International) www. sswlindia.com Thank You…
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