Atul Auto Ltd · NSE:ATULAUTO
Atul Auto — Investor Presentation (July 2015)
23 slides from Atul Auto's investor presentation, July 2015
Slide 1: Atul Auto Limited
ATUL AUTO LIMITED Growing Bigger Growing Better… 1
Slide 2: Disclaimer
Disclaimer This presentation contains forward looking statements regarding future events and future results of Atul Auto Limited ( the company) , that are based on the current expectations, estimates, forecasts and projections about the industries in which the company operates, and on the beliefs an
Slide 3: Content
Content Sr. No. Particulars Page 1 Three wheeler Industry • At a Glance – Domestic & Export 5 • Market Overview 6 • Key Enablers & Growth drivers 7 2 Atul Auto Limited – Corporate Overview • About us 9 • Board of Directors & Share Holding 10 • Consistent track record of Product development 11 • Prod
Slide 4: Three Wheeler Industry
THREE WHEELER INDUSTRY Growing Bigger Growing Better… 4
Slide 5: Industry – At a Glance
Industry – At a Glance 1200000 DOMESTIC 1000000 EXPORT 800000 TOTAL 600000 Poly. (TOTAL) 400000 Expected to grow @ 200000 6% - 8% 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Domestic – 57% Export – 43% 5,31,927 units 4,07,957 units Application Fuel-type Tonnage Appli
Slide 6: Market Overview
Market Overview MARKET TYPICAL END USERS CHARACTERISTICS Accounts for ~ 15% of the market Large Corporates in FMCG, Institutional National presence and brand Pharma & Construction equity a pre-requisite to penetrate segment High volume, low margins Captive Accounts for ~20% of the market Mid-size co
Slide 7: Key Enablers And Growth Drivers
Key Enablers And Growth Drivers • India is one of the largest manufacturer for 3-wheelers producing volume of ~ 950,000 units p.a. and growing at 6-8% p.a.. Having a domestic market of ~ 550,000 units p.a.. • 3-wheelers is an important element of goods transportation in the country – Provides last m
Slide 8: Corporate Overview
CORPORATE OVERVIEW Growing Bigger Growing Better… 8
Slide 9: About us
About us • Fastest growing player in 3 wheeler industry in India, growing at a CAGR of 25% for last five years, having installed capacity of 60,000 units per annum at Rajkot Plant • Caters to diverse customer base in the Cargo & Passenger segment, available on both the platforms i.e. 350 kgs payload
Slide 10: Board of Directors & Share Holding
Board of Directors & Share Holding J J Chandra Chairman and Managing Director M J Patel Whole Time Director & CFO Niraj J Chandra Whole Time Director Vijay K Kedia Non Executive Director CA Hemant Bhatt Independent and Non Executive Director Rajkot Hasmukh Adhvaryoo Independent and Non Executive Dir
Slide 11: Consistent track record of product development
Consistent track record of product development Road Master (RTV) Customized 0.5 ton (FE) vehicles 1975 - 2000 2000 onwards 2003 onwards 0.5 ton (RE) 0.5 ton (Atul SMART-FE) 0.35 ton Diesel 2009 onwards 2011 onwards 2013 onwards Growing Bigger Growing Better… 11
Slide 12: Consistent track record of product development
Consistent track record of product development Atul Gemini Gx 0.35 tn Gasoline/Alternative fuel 2015 onwards • Will be able to cater larger market size • Product suitable for urban and overseas market • Will be available with alternative fuel like CNG and LPG • It will complete the portfolio consist
Slide 13: Products & Network
Products & Network FE 0.5 Tn New Gen. FE 0.5 Tn RE 0.5 Tn RE 0.35 Tn Growing Bigger Growing Better… 13
Slide 14: Products & Network
Products & Network Jammu 17 Regional Offices & 3 Training Centers Kashmir Punjab Himachal Haryana Uttaranchal 200 Primary Dealerships Rajasthan Uttar Pradesh Assam 120 Secondary Dealerships Bihar Jharkhand Gujarat Madhya Pradesh Orissa Overseas Presence Maharashtra Bangladesh Tanzania Andhra
Slide 15: Market Share (3W) – Domestic – FY 15
Market Share (3W) – Domestic – FY 15 PASSENGER SIL CARGO 6% AAL PVPL SIL TVS AAL 18% 1% 4% 5% 27% BAL 0% PVPL M&M 53% M&M 8% BAL 23% 54% TOTAL DOMESTIC INDUSTRY SIL TVS AAL 2% 3% PVPL 8% 32% M&M BAL 11% 44% Source - SIAM Growing Bigger Growing Better… 15
Slide 16: Growth in Market Share – 0.5 Tn Domestic
Growth in Market Share – 0.5 Tn Domestic 20.0% 18.0% 18.0% 16.7% 15.6% 15.5% 16.0% 14.0% 13.2% 12.9% 13.8% 11.5% 12.0% 9.4% 10.8% 10.0% 9.0% 9.3% 8.0% 6.4% 6.9% 6.0% 5.0% 4.0% 2.0% 0.0% 2011 2012 2013 2014 2015 0.5 tn Domestic Passenger Market Share Cargo Market Share Growing Bigger Growing Better…
Slide 17: Growth Strategy & Expansion
Growth Strategy & Expansion • While the company has captured phenomenal growth based on its value offerings in the market, it is expected that it will continue this growth momentum in the time to come. • Atul Auto is continuously introducing products across three wheeler segment, aggressively enteri
Slide 18: Financial Performance
FINANCIAL PERFORMANCE Growing Bigger Growing Better… 18
Slide 19: Financial Performance
Financial Performance Turn Over (INR millions) 6000.0 4000.0 4900.7 4292.6 3628.6 2000.0 2979.8 2010.7 0.0 2010-11 2011-12 2012-13 2013-14 2014-15 Sales Instl. capacity increased to 48K from 24k 50000 150.0% 114.8% 40000 88.9% 80.5% 86.6% 78.0% 100.0% 30000 20000 37557 32040 50.0% 10000 27000 19404
Slide 20: Financial Performance
Financial Performance Operating EBDITA 800.0 11.8% 15.0% 11.0% 10.6% 9.4% 9.2% 600.0 10.0% 400.0 5.0% 200.0 453.9 579.2 189.8 275.5 400.8 0.0 0.0% 2010-11 2011-12 2012-13 2013-14 2014-15 Operating EBDITA (in millions) Operating EBDITA (%) Profitability 40.0% 35.0% 33.6% 31.6% 27.9% 30.0% 23.5% 20.0%
Slide 21: Dividend History
Dividend History 120% 32% 33% 33% 32% 100% 31% 100% 80% 30% 30% 29% 27% 29% 60% 75% 28% 60% 40% 27% 50% 40% 26% 20% 25% 0% 24% 2010-11 2011-12 2012-13 2013-14 2014-15 Dividend Pay out Ratio Dividend % Note:- 1 - During the year 2014-15 the Company has split its shares to the face value of INR 5/shar
Slide 22: Key Financial Indicators
Key Financial Indicators FY 11 FY 12 FY 13 FY 14 FY 15 Q1-FY 16 Particulars Actual Actual Actual Actual Actual Actual Volume (No. of Vehicles) 19,404 27,000 32,040 37,557 41,598 8,838 Turnover (INR in Millions) 2010.7 2979.8 3,628.6 4,292.6 4,900.7 1059.4 Growth (on TO) 48.2% 21.8% 18.3 % 14.2% 6.8%
Slide 23: Thank You
THANK YOU Regd. Office:- Atul Auto Limited, NH 8-B, Nr. Micro wave Tower, Shapar (Veraval), Dist – Rajkot (Gujarat) CIN - L54100GJ1986PLC016999 Growing Bigger Growing Better… 23