JMT Auto — Q1 FY2017 Earnings Presentation
14 slides from JMT Auto's earnings presentation, Sep 15, 2016
Slide 1: Q1 FY2017 Earnings Presentation
Q1 FY2017 Earnings Presentation September 15, 2016
Slide 2: 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 JMT Auto’s future business developments and economic performance. While t
Slide 3: Consolidated Business Overview
Consolidated Business Overview Business JMT Auto is a gear & shaft manufacturer and a precision machining company Segments Auto and Non-Auto segments Highlights Amongst the top 3 gear-shaft manufacturers in the country Plants India (7), Germany (2), Romania (1), Sweden (1) Key Customers Audi, Contin
Slide 4: Investment Rationale
Investment Rationale 1. Diversified end market exposure across passenger car, commercial vehicles and non-automotive markets 2. Manufacturing presence in Europe provides access to well performing markets in the region 3. Facilities across locations with a back-end low manufacturing cost base (Romani
Slide 5: Key Customers and End Market Profile
Key Customers and End Market Profile End Market Key Customers Products Passenger Common Rails Valve Bodies Connecting Rods Gear Parts Cars Crankcases Cylinder Heads Gear Housings Commercial Vehicles Gear Input shaft Helical Gear RA Shaft Wheel Hubs Non – Automotive Frac Valve Insert Seat Valve Retai
Slide 6: Q1 FY2017 Performance Highlights
Q1 FY2017 Performance Highlights Q1 FY2017 vs. Q1 FY2016 JMT Standalone JMT International Business Total Income EBITDA Total Income EBITDA Rs. 814.8 mn Rs. 135.8 mn Rs. 6,755.9 mn Rs. 309.9 mn (4.7)% +3.6% Commenting on the performance, Mr. Sanjay Tiku, Director & CEO of JMT Auto said: “I am quite p
Slide 7: Financial Performance and Discussion
Financial Performance and Discussion Standalone Financial Summary1 Financial Commentary1 Q1 y-o-y Revenues decreased as sales to a key customer in the commercial vehicle segment declined due to lower end Growth (Rs. mn) FY2017 FY2016 (%) product demand Total Income2 814.8 854.6 (4.7)% Domestic s
Slide 8: Recent Corporate Developments
Recent Corporate Developments Operational Update FY2016 Acquisitions Dispatch of Special Gears for the automotive industry REGE Holding (Acquired in June 2015) increased by 44% q-o-q in Q1 FY2017 due to increased REGE has a broad product portfolio with 10 product groups demand – the largest bein
Slide 9: Detailed Segment Profile
Detailed Segment Profile Revenues by Geography1 Q1 y-o-y India, 12% (Rs. mn) FY2017 FY2016 Growth (%) Segment Revenue Domestic 814.8 854.6 (4.7)% International, 88% International 6,755.9 - na2 Revenues by Product1 Others, 22% Wheel Valve Hub, 25% Segment EBITDA Body, 5% Gear & Domestic 135.7 131.0 3
Slide 10: Senior Management
Senior Management Sanjay Tiku, CEO and Whole Time Director Appla Acharya, Vice President, Design & Development • Has been associated with the Company since 2013 • Has been associated with the Company since 1991 • Has an experience of approximately 21 years across Business Administration, • Has an ex
Slide 11: Board of Directors
Board of Directors Sanjay Chhabra, Chairman and Independent Director Aditya Malhotra, Director • Board member since March, 2014, as Non-Executive Independent Director • Board member since April 2015, as Promoter Director • Vast experience in the field of International Trade & Marketing, Procurements
Slide 12: Capital Structure
Capital Structure Particulars (Rs. mn)1 31 Mar 16 ROCE (%)1 Short Term Borrowings 5,009.2 13.2% Long Term Borrowings2 4,637.9 12.5% Total Debt 9,647.1 11.9% Less: Cash & Cash (694.1) Equivalents FY2014 FY2015 Pro forma (Q1 Net Debt / (Net Cash) 8,953.0 FY2017 annualised) 3 Agency Instrument Rating I
Slide 13: Strategic Direction
Strategic Direction 1 Leverage JMT’s market leading position in the hydraulics equipment industry to grow the core business 2 Further enhance the end user segment and customer base 3 Capitalise on emerging opportunities from future growth areas like commercial vehicles & construction equipment 4 Dev
Slide 14: CIN: L42274DL1997PLC270939 C-19 & 20, D 8-12, NS 29-34 7th Phase, Industrial Area, Adityapur
Ajay Kumar +91 11 4234 4444 CIN: L42274DL1997PLC270939 JMT Auto Limited [email protected] C-19 & 20, D 8-12, NS 29-34 7th Phase, Industrial Area, Adityapur Jitesh Bhatia / Ravi Gothwal +91 22 6169 5988 Jamshedpur – 832109; Jharkhand (India) Churchgate Partners [email protected] Pho