Greaves Cotton Limited · NSE:GREAVESCOT
Greaves Cotton — Q4 FY2021 Earnings Presentation
20 slides from Greaves Cotton's earnings presentation, May 5, 2021
Slide 1: Cover letter to stock exchanges: Investor Presentation
GREAVES SINCE 1859 5th May, 2021 The Manager - Listing The Manager - Listing BSE Limited National Stock Exchange of India Limited BSE Code - 501455 NSE Code - GREAVESCOT Dear Sir/Madam, Sub: Investor Presentation This is further to our letter dated 30th April, 2021 and pursuant to Regulation 30 of S
Slide 2: Recovery. Resilience. Resurgence. Q4 and Full Year FY2021 Earnings Presentation
RECOVERY. RESILIENCE. RESURGENCE. AUTOMOTIVE NON-AUTOMOTIVE E-MOBILITY RETAIL FINANCE Q4 and Full Year FY2021 Earnings Presentation (May 5, 2021) www.greavescotton.com
Slide 3: Greaves Group – Q4 FY21 Business Overview
Greaves Group – Q4 FY21 Business Overview One of the leading and diversified engineering companies in India with a rich legacy and brand trust of over 162 years… A leading manufacturer of Cleantech Powertrain Solutions, Revenue EBITDA PAT Generator sets, Farm equipment, E-Mobility, Aftermarket spa
Slide 4: Greaves' Re-imagination Journey Gaining Pace
Greaves’ Re-imagination Journey Gaining Pace Growth rebounding, despite sustained weakness in 3W Industry Quarterly Revenue Trend (INR Cr.) NBFC Crisis 520 Covid Impact & 15 23 26 68 Rapid Recovery 58 27 390 42 486 495 506 528 477 490 495 406 452 447 458 437 457 391 360 9 288 147 Q4FY17 Q1FY18 Q2FY1
Slide 5: Greaves - Active role in nation building
Greaves - Active role in nation building Building stronger foundation with continued investment in critical sectors to support Indian economy Continued investment in technological enhancement through the acquisition of the Signed an MOU with Government of Tamil electric three-wheeler ELE brand by Am
Slide 6: FY2021 Key Highlights
FY2021 Key Highlights Key Highlights for Greaves Group Nagesh Basavanhalli Fostering resilient recovery across key segments in the Managing Director and Group CEO organization – Q4FY21 growth nearing all time high. However, headwinds from COVID Wave 2 may impact short term “Overall we saw growth i
Slide 7: Management Perspective
Management Perspective Ajit Venkataraman Sunil Shahi Roy Kurian (CEO, Automotive Business) (CEO, Non-Automotive business) (COO, Electric Mobility-2W & 3W) The pandemic severely impacted the 3W Business exhibited strong growth momentum Leadership team strengthened to accelerate business with th
Slide 8: Ampere – Q4 FY21 Overview
Ampere – Q4 FY21 Overview Ampere – Market Leader in E-Mobility Twelve years of experience in EV technology, designing and 100% 155% manufacturing electric vehicles Volume Growth (Y-o-Y) Revenue Growth (Y-o-Y) Ampere is a market leader with strong presence in both B2C and B2B segments Strong ph
Slide 9: Upcoming EV Megasite of Ampere
Upcoming EV Megasite of Ampere Q4 and Full Year FY2021 EARNINGS PRESENTATION 8
Slide 10: Greaves Group - Financial Performance
Greaves Group - Financial Performance Greaves Consolidated Result FY21 Segment Revenues (INR Cr.) Revenue EBITDA PAT 18% 250 0 200 0 1911 1500 Engines 150 0 Aftermarket 48% 100 0 12% 386 520 E-Mobility 21 127 80 500 24 1 42 14 0 Others -500 -19 23% Q4 FY20 Q4 FY21 FY20 FY21 STANDALONE Q4FY21 Q4FY20
Slide 11: Financial Snapshot
Financial Snapshot Strong Working Capital Management NWC – GCL Consolidated (INR Cr.) 259 209 151 111 93 84 27 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 - GCL maintained strong cash position despite COVID-19 challenges Cash Position – GCL Consolidated (INR Cr.) 353 273 211 176 172 180 148* Se
Slide 12: Strong Volume growth across businesses, except Auto Engines
Strong Volume growth across businesses, except Auto Engines FY21 FY20 GROWTH (%) VOLUMES (Units) Q4 12M Q4 12M Q4 12M Auto Engines 29,665 94,658 38,028 2,52,495 (22%) (63%) Non-Auto Engines 13,673 43,629 8,756 38,411 56% 14% Engines 43,338 1,38,287 46,784 2,90,906 (7%) (52%) Genset 1,100 2,922 736 3
Slide 13: Consolidated Financial Snapshot
Consolidated Financial Snapshot GCL Consolidated (INR Cr.) Particulars Q4FY21 Q4FY20 Growth % FY21 FY20 Growth % Income from Operations 520 386 35% 1500 1911 (21%) RMC (%) 71.5% 71.8% 72.0% 68.9% Employee Cost 39 32 142 173 Others Expenses 68 53 199 211 EBITDA 42 24 76% 80 210 (62%) EBITDA Margin 8.
Slide 14: Greaves Momentum Continues
Greaves Momentum Continues Greaves Non-Auto Equipment enhancing productivity for customers Growth momentum continues even under challenging business scenarios Greaves Genius Gensets installations for critical applications Awareness Campaigns on using dependable Greaves Agri products Q4 and Full Year
Slide 15: Greaves' Momentum Continues
Greaves’ Momentum Continues You Move, We Move with our range of Electric 2W Fostering E-mobility adoption in India. Market share of 20% in 2W EV category SCHOOL FIRST TIME JOBBERS AND EARLY SENIOR CITIZENS WOMEN STUDENTS TECH ADOPTERS MEN AND FAMILY BUSINESS OWNERS Q4 and Full Year FY2021 EARNINGS P
Slide 16: Greaves' Momentum Continues
Greaves’ Momentum Continues Getting closer to customer with more touch points with the new Ampere dealerships New-age Ampere dealerships with standardized Visual Identity Consistent Brand Communication- In store Uniform merchandizing at dealerships Q4 and Full Year FY2021 EARNINGS PRESENTATION 15
Slide 17: Greaves' Momentum Continues
Greaves’ Momentum Continues Ensuring Employee Health and Safety during the pandemic People health care and safety are at the core of our practices Safety week celebration at Greaves Vaccination drive at Greaves’ manufacturing plants Blood donation drive at Greaves Q4 and Full Year FY2021 EARNINGS PR
Slide 18: Greaves' Momentum Continues
Greaves’ Momentum Continues Serving our community through various CSR Initiatives Maintaining our philosophy of building a better tomorrow by implementing positive social impact initiatives Supporting the community in the fight against COVID Uplifting the community through Greaves programs and proje
Slide 19: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Greaves Cotton (“Greaves” or the Company) future business developments an
Slide 20: For further information, please contact Greaves Cotton Limited
AUTOMOTIVE NON-AUTOMOTIVE E-MOBILITY RETAIL FINANCE REGISTERED OFFICE For further information, please contact Greaves Cotton Limited Unit No. 701, 7th Floor, Tower 3 Equinox Business Park, LBS Marg, Kurla West, Mumbai 400070. Ashok Jaiswar Bijay Sharma / Bopiah Ganapathy CIN – L99999MH1922PLC000987