Autoline Industries Limited · NSE:AUTOIND
Autoline Industries — Investor Presentation (2010)
74 slides from Autoline Industries's investor presentation, 2010
Slide 1: Autoline Industries Ltd. – Engineering Transformation
AUTOLINE INDUSTRIES LTD. . . . . . Engineering Transformation To be an Innovation driven, Global Leader in Design, Engineering and Manufacturing of Automotive Mechanical Systems”
Slide 2: Group Overview
Group Overview I Autoline Industries Commenced operations in 1995 as Autoline Pressings / Autoline Stampings and Listed in January 2007 under the present name AUTOLINE INDUSTRIES LIMITED. Dalstrop, Sweden Listed on Bombay Stock Exchange – 532797 National Stock Exchange ‐ AUTOIND Milan, Italy Troy, M
Slide 3: Manufacturing Locations - India
MANUFACTURING LOCATIONS ‐ INDIA Autoline operates through Eleven manufacturing facilities (all of which are ISO/TS 19649:2002 certified) and four Design & Styling Centers in Pune India’s Automotive & IT hub, Chennai, USA, Italy. CHAKAN ‘I’ India CHAKAN ‘II’ India: CHAKAN ‘III’ India: Area - 14373 SQ
Slide 4: Manufacturing / Units Locations - India
MANUFACTURING / UNITS LOCATIONS ‐ INDIA KUDALWADI BHOSARI UNIT ‘I’, ‘I’ BHOSARI UNIT ‘II’ BHOSARI UNIT ‘III’ , India: PUNE India: PUNE India PUNE India: Area -1,000 Sq M Area - 4,000 Sq M Area - 1,400 Sq M Area - 5064 Sq M Confidential 4 4
Slide 5: Manufacturing Locations - India
MANUFACTURING LOCATIONS ‐ INDIA UTTARAKHAND UNIT ‘I’ UTTARAKHAND UNIT UTTARAKHAND UNIT II India: (Nirmiti - PLOT 5 ) India: ( PLOT 6 ) India: (PLOT 8 ) 4,500 Sq M UNDER CONSTRUCTION 7970 Sq M Confidential 5 5
Slide 6: Manufacturing / Units Locations - India
MANUFACTURING/ UNITS LOCATIONS ‐ INDIA DESIGN & ENGINEERING UNIT UNIT- DESIGN & ENGINEERING UNITUNIT- Nuvent Technologies Pvt Ltd Autoline Design Software Ltd Chennai, India Pune, India 100 ACRES OF LAND ACQUIRED BY AUTOLINE INDUSTRIAL PARKS LTD (SUBSIDIARY OF AUTOLINE)) Confidential 6 6
Slide 7: Manufacturing / Units Locations - Foreign
MANUFACTURING/ UNITS LOCATIONS ‐ FOREIGN Autoline Industries INC USA Zagato Milan, Italy DEP Autoline INC, USA Butler Indiana , USA 23,000Sq. M, Styling, Troy, Michigan, USA – Design 14 000S M 14,000Sq. M, M Manufacturing f t i Design & Manufacturing Confidential 7 7
Slide 8: Automotive Industry: The Value Matrix
Automotive Industry: The Value Matrix % of Value of the automobile selling price Technology Innovation &Value Addition Information Systems- in 5% - 15% vehicle semiconductor based 30% - 50% data processing & transmission systems Electronic Systems Systems- Sensor and measurement 10% - 20% system, ga
Slide 9: Group Work Canvas
Group Work Canvas Style Research Visualization Assembly Stamping Clay Modelling Tooling Feasibility Testing Prototyping CAD Styling Morphing Confidential 9 9
Slide 10: Value Chain
Value Chain Marketing, Tool Sales, Styling Product Product Design Prototyping Manufacturing Di t ib ti Distribution Design Engineering Development & Service Core Competence OEM Confidential 1010
Slide 11: Group Overview - Business Segments
Group Overview I Business Segments Complete C l t Floor, Fl Roof R f andd Door D Pedal Control Systems, Jack Automotive Engineering Panel Sub Assemblies,Driver Assemblies, Hinges, Strikers Services for Concept, Styling, Cabins, Load Bodies and Banjo and checkers, Parking Brake Product Design & Devel
Slide 12: Concept, Styling, Design - Zagato, Milan, Italy
Concept, Styling, Design I Zagato, Milan, Italy • Zagato is a historical Automotive and Design Italian company established in 1919. • The design division employs an international team of stylists and engineers. Preliminary Design Phase: packaging, ergonomics, homologation, functionality. • The model
Slide 13: Concept, Styling, Design - Zagato, Milan, Italy
Concept, Styling, Design I Zagato, Milan, Italy Confidential 1313
Slide 14: Expertise Product & Technology - Design & Development
Expertise Product & Technology I Design & Development Confidential 1414
Slide 15: Rapid Transport System
Styling, Design, Prototype Rapid Transport System Autoline, styled this Vehicle in house in Zagato, Milan, CAE by DEP Autoline USA and this Fully Functional Prototype Vehicle manufactured in Chakan, Chakan India plant and exported for customer approval Confidential 1515
Slide 16: Concept, Styling, Design - DEP Autoline Inc USA
Concept, Styling, Design I DEP AUTOLINE INC USA DEP has introduced a path breaking software “MESHWORKS MORPHER that enables the user to rapidly change an existing FE / CFD Mesh into a new target shape without having to redraw it in the CAD system aimed at reducing the overall product development cyc
Slide 17: DEP Autoline Inc USA - MeshWorks
Concept, Styling, Design I DEP AUTOLINE INC USA NONLINEAR PROBLEMS DESIGN OPTIMIZATION MESHWORKS DURABILITY CFD & THERMAL NVH CRASH & OCCUPANT SAFETY Confidential 1717
Slide 18: DEP Autoline - Rapid Vehicle Morphing
Concept, Styling, Design I DEP AUTOLINE INC USA NISSAN CUBE Rapid Vehicle Morphing NISSAN MICRA Courtesy of Nissan Corp. Confidential 1818
Slide 19: Product Development - Early Development Stage
Product Development I Early Development Stage Wheelbase change Rear overhang change Roof height change Full Vehicle Morphing to fit New Styling Data Confidential 1919
Slide 20: Product Engineering Capability
Product Engineering capability ¾ HyperMesh ¾ Hyper Form ¾ Morpher ¾ FEM Ansys ¾ Nastran FEA CAD ¾ Catia V4 ¾ C i V5 Catia ¾ Pro / Engineer ¾ UniGraphics ¾ AutoCAD Confidential 2020
Slide 21: Product Engineering Capability and Tools - CAE
Product Engineering capability and Tools CAE Confidential 2121
Slide 22: Design Engineering Capabilities - Autoline Design Software Ltd
Design Engineering Capabilities I Autoline Design Software Ltd Design engineering center: Pune, India Manpower: 50 India Scanned Data Quality / EMS Systems : Certified with ISO9001:2000 Divisions: Chasis Small Mechanical assemblies Special Purpose Utilities Body structure Surface Model Special Purpo
Slide 23: Example of Pedal Redesign
Expertise Product & Technology I Design & Development An Example of Pedal Redesign Original Redesign 6 Bolt Stamped Bracket Location Constrain Pedal Arm Brake Plate Normal Load Area Achieved more than 30% of cost reduction without disturbing customer constraints & functionality Confidential 2323
Slide 24: Example of Hinge Redesign
Expertise Product & Technology I Design & Development An Example of Hinge Redesign Existing Design New proposed design • Extremely rigid. • Sufficient rigidity • Bulky • Less weight • Can not be manufactured • Easy to manufacture (Being stamped product ) • Raw material cost is high. • All opening, c
Slide 25: Example of Jack Redesign
Expertise Product & Technology I Design & Development An Example of Jack Redesign Original Design Final Design Quick Jack * 10% lighter (Patent Pending) 40% less parts Stronger Process optimized Less Scrap Confidential 2525
Slide 26: Example of Park Brake Redesign
Expertise Product & Technology I Design & Development An Example of Park Brake Redesign Project 1 Project 2 Project 3 ‐ Push Down Release type foot Project 4 ‐ Brake by foot, release by hand operated parking Brake Confidential 2626
Slide 27: Value Engineering
Expertise Product & Technology I Value engineering Initial weight Optimised weight Weight After Implementation 87.55 kg g 90.40 kg g 102 3 kkg 102.3 (-14.75 kg) (-11.9 kg) Confidential 2727
Slide 28: Design & Development - Park Brake Designs
Expertise Product & Technology I Design & Development Design 1 ‐ Push Down Release type foot Design 3 ‐ CONCEPT DESIGN operated parking Brake (ASSEMBLY) Design 3 ‐ CONCEPT DESIGN Design 2 ‐ CONCEPT DESIGN Design 2 ‐ CONCEPT DESIGN (EXPLODED VIEW) (ASSEMBLY) (EXPLODED VIEW) Confidential 2828
Slide 29: Patents & Awards
Expertise Product & Technology I Patents & Awards Jack design wizard – NISHABDH Design of Ergonomic Handle Adjuster – EHA Design of Manual Parking Brake ‐ MPB Quick jack Roto Crank Roto‐Crank Load Body Extender Confidential 2929
Slide 30: Design Capabilities - Common Cab Design
Design Capabilities – Common Cab design for Commercial Vehicles OEM OEM Autoline OEM OEM Confidential 3030
Slide 31: Design Capabilities - High Deck Load Body
Design Capabilities ‐ High Deck load Body UNCONSTRAINED MODAL ANALYSIS Confidential 3131
Slide 32: Design Capabilities - Wish Bone
Design Capabilities Wish Bone Air bags Wi h Bone Wish B Assembly A bl ¾Rear Suspension is mounted on the Wish Bone Assembly ¾Rear Axle is also loaded on the wish bone ¾It serves as the support for the Structure and distribute load Confidential 3232
Slide 33: Medium & Large Stamped Assemblies
Medium & Large Stamped Assemblies I Pune, Maharashtra & Pantnagar, Uttarakhand Manufacturing units: Chakan (Unit I) Large Sub assemblies & full assemblies Chakan (Unit II) Large assemblies for Heavy Vehicles Chakan (Unit III) Tubular products, Cross Members, Silencers & Exhaust, Jacks Bhosari (Unit
Slide 34: Medium & Large Stamped Assemblies Product Range
Medium & Large Stamped Assemblies Product Range Door Inner Reinf. Waist Frt. Door Inner/Outer Roof Bonnet Inner T/LID(T/GATE) Suspension Tower Tail Gate Inner Assy. Front Bumper Inner D Pillar Top LH/RH / Outer Door Hinge Battery Tray FIP Bracket Reinf. Waist Rear Door Assy. Frt. Floor Inner/Outer A
Slide 35: Products - Medium & Large Stamped Assemblies
Products I Medium & Large Stamped Assemblies Exhaust System-Cold End Banjo Beam 1 Ton & .75 Ton Brake Assembly Assembly Brackets Assembly Cross members Confidential 3535
Slide 36: Products - Medium & Large Stamped Assemblies
Product I Medium & Large Stamped Assemblies Tipper Load Body For Tata Ace Mudguard Assembly Front Floor Assembly for Car Confidential 3636
Slide 37: Products - Exports to Cummins North America
Products I Medium & Large Stamped Assemblies Exports to Cummins North America Air Baffle Assembly Bracket Sensor Adaptor Carburetor Side Control Box Assembly Bracket Chassis Filter Box Control Door Control Confidential 3737
Slide 38: Products - Exports to Cummins North America
Product I Medium & Large Stamped Assemblies Exports to Cummins North America F ll Skid Assembl Full Assembly F ll Skid Assembly Full Assembl Welding Fi Fixture t e Confidential 3838
Slide 39: Pedal Systems / Foot Control Modules
Product I Pedal Systems / Foot Control Modules Pedal Control System Advanced Technology Collapsible Pedal System Adjustable with collapsible Adjustable Pedal System pedal system Confidential 3939
Slide 40: Hinges, Checker, Striker, Stopper
Products I Hinges, Checker, Striker, Stopper Hinges Confidential 4040
Slide 41: Jack Assembly with Tool Kit
Products I Jack Assembly with Tool Kit Scissor Jack with Tool Kit Torque Reducer Spare Tyre Winch Bottle Jack with Tool Kit Confidential 4141
Slide 42: Parking Brake & Gear Shifter
Products I Parking Brake & Gear Shifter Z shape Parking Brake Advanced Technology Foot Operated Park Brake Gear Shifter Confidential 4242
Slide 43: Customers
Customers Confidential 4343
Slide 44: Growth Path
Growth Path FY 31st March 2005-2006 Zagato Vehicle Styling & Customization Revenue: 111.32 Cr Dura Automotive/Butler Plant Sep 2008 Screw Jacks PBT: 7.70 Cr & Tool Kits PAT: 7.01 Cr Nirmiti Dec. 2007 100% stake Pedals & Hinges DEP High End Design Dec. 2007 100% stake TML Engineering May 2007 : 51% s
Slide 45: Financial Performance - Turnover and Net Profit
FINANCIAL PERFORMANCE Turnover (Rs. in Millions) Net Profit (Rs. in Millions) 6000 350 4748 316 7 316.7 5000 300 4000 3814.5 3831.57 250 217 200 3000 2133.3 150 152 2000 1113.3 100 1000 684 8 684.8 70 1 70.1 66 24 66.24 50 18.2 0 0 Confidential 4545
Slide 46: Financial Performance - EPS and Dividend
FINANCIAL PERFORMANCE Earning per share Dividend % 50 50 45 45 30 27.59 40 35 20 14 66 14.66 16 89 16.89 30 10.1 25 20 10 18 3.03 20 3.84 15 10 0 10 5 5 0 Confidential 4646
Slide 47: Financial Performance - PBT/Sales and PAT/Sales
FINANCIAL PERFORMANCE PBT/ Sales PAT/ Sales 0.12 11 10% 11.10% 11 36% 11.36% 0.1 8.85% 8 13% 8.13% 0.08 5.91% 0.06 4.57% 0.04 2.54% 0.02 1.34% 0 2006 07 2006‐07 2007 08 2007‐08 2008 09 2008‐09 2009 10 2009‐10 Confidential 4747
Slide 48: Financial Performance - Net Worth
FINANCIAL PERFORMANCE Net Worth (Rs. in Millions) 2500.00 2268.23 2133.36 2000.00 1669.97 1500.00 1000.00 1030.64 500.00 215.83 91.79 0.00 2004 05 2004‐05 2005 06 2005‐06 2006 07 2006‐07 2007 08 2007‐08 2008 09 2008‐09 2009 10 2009‐10 Confidential 4848
Slide 49: Shareholding Pattern as on 24th September 2010
SHAREHOLDING PATTERN AS ON 24TH SEPTEMBER, 2010 % of shareholding as on 24.9.2010 A)) PROMOTERS 26.81 B) OTHER ASSOCIATES 47.08 C) MR. JHUNJHUNWALA & ASSOCIATES 6 75 6.75 12.30 D) VENTURE CAPITAL GROUP E) OTHER PUBLIC SHAREHOLDERS 7.07 Confidential 4949
Slide 50: Executive Management
Executive Management • MR. SHIVAJI TUKARAM AKHADE: Managing Director and Chief Executive Officer (CEO), is co-founder & promoter with long and varied experience in trading as well as manufacturing. He is in total charge of the day to day operations of the Company. • MR. M. RADHAKRISHNAN: Jt. Managin
Slide 51: Non-Executive Directors
Non – Executive Directors • MR. P.B. NIMBALKAR: a Non- Executive Chairman and Independent Director, a commerce graduate, with a law degree, has over 36 years of experience with RBI, IDBI and SIDBI. He was ex- Chairman and Managing Director of SIDBI. Currently he is also on the Board of SICOM Limited
Slide 52: Infrastructure
Infrastructure Robotic Line Total of 11 Robots Chakan Unit II – Line II Robotic Transfer Line Fully Auto Transfer Line Chakan Unit II – Line I Chakan Unit II – Line II Confidential 5252
Slide 53: Infrastructure
Infrastructure Machine Name Total Spot Weld 192 CO2 Weld 87 Proj. Weld 20 Arc Weld 7 Press Capacity Number Presses 63 Drilling ll 27 High Tonnage 2000 1 Lathe 9 800 – 1100 6 Revetting 6 500 – 700 13 Milling 19 150 ‐ 400 27 p Compressor 20 Cranes 17 50 ‐100 10 Grinders 34 Low Tonnage 50 6 Sanders 16
Slide 54: In House Tool Design & Development
In House Tool Design & Development Tool Design & Manufacturing • Chakan Plant II : 50,000 sq feet of built‐up area for Commercial Tool Room • Dedicated Team of Experts of In‐house tool designing, automated manufacturing facilities using advanced robotics. • Every manufacturing facility has a tool ro
Slide 55: In House Tool Room Facility
In House Tool Room Facility In‐House Dedicated Tool‐Room (Area 4,650 Sq M) Tooling : Design, Manufacture and Maintenance Jobs Jo Jomach ac 3 32 Mecof M5 Agile Max Speed Mandrel 160 00 rpm Max Speed Mandrel 21000 rpm Zagato - Milan Zagato - Milan Confidential 5555
Slide 56: Projects - Tooling
Projects I Tooling Project MODEL AMT in Lacs TATA ACE IRIS PC 172 ZIP GC 120 Super Ace 70 Safari 18 32 709/407/Sumo 120 Y1 48 Cummins Generators 22 Chrysler India Truck 55 AL ‐ Nissan Truck 38 GM India Passenger Car 30 VW India Passenger Car 120 Total 827 Confidential 5656
Slide 57: Projects - Tooling
Projects I Tooling Confidential 5757
Slide 58: In House 3D CMM Inspection Facility
In House 3D CMM Inspection Facility Confidential 5858
Slide 59: Business Division Overview - Small Mechanical Assemblies
Business Division Overview I Small Mechanical Assemblies • Nirmiti Autocomponents is into DESIGN, DEVELOPMENT and MANUFACTURING of MECHANICAL ASSEMBLIES of various mechanisms since 1988. • In year 2007 Nirmiti Autocomponents was acquired by Autoline Industries. With this Acquisition Autoline Group c
Slide 60: Nirmiti Autocomponents, Pune, India
Nirmiti Autocomponents, Pune, India • Manufacturing Plants : Nirmiti ‐ Pune, India • Quality / EMS Systems : ISO/TS 16949 , ISO 14001, OHSAS 18001 Implementation of GM QSB, VW Formal Q, GMP through CII initiative Nirmiti, Pune India 3216 Sq Mt Manufacturing • Nirmiti D&B DUNS No: 92 180 7819 • Produ
Slide 61: Autoline / Nirmiti, Pantnagar, India
Autoline /Nirmiti, Pantnagar, India • Manufacturing Plants : Pantnagar, North India • Product Range Load Body Pedal Control Systems Door Hinge Door Inner Assy Rear Wall Assy Sub Frame • Customers Tata Motors Plot No. 8 Pantnagar Uttarakhand , India Press Line Plot No. 8 Load body assembly Line Plot
Slide 62: Autoline Industries Inc, USA
Autoline Industries Inc, USA • Tech. through 100% Acquisition: DURA Automotive ,USA ( Jack and Tool kits) (Now After acquisition known as Autoline Industries USA Inc.) • Manufacturing Plants : USA ‐ Butler, Butler Indiana • Manpower: 150 • Quality / EMS Systems : ISO/TS/6949 , ISO 14001 – 2004, QS 9
Slide 63: Recent Awards & Recognitions
Recent awards & recognitions General Motor's “Supplier of the Year Award - 2009 2009". – Autoline Industries Industries, USA Inc at GM Dome, Warren, USA, on March 11, 2010 in recognition of its performance in brake and clutch pedal product line. (Th only (The l other th IIndian di C Company b being
Slide 64: Recent Awards & Recognitions
Recent awards & recognitions Best performance award for “excellence excellence in Quality Quality” in sheet metal business at National Vendor meet of TATA MOTORS LIMITED. – 3rd February, 2010 Confidential 6464
Slide 65: Tata Motors ranked Chakan plant 1 number one in sheet metal
• Tata Motors Limited ranked Chakan plant ‐1 as number one in sheet Metal ffamilyy and 4th in all PCBU suppliers. Confidential 6565
Slide 66: Cummins ABO Supplier Award 2009
ABO SUPPLIER AWARD “For Excellence Performance & Support” in 2009 RECEIVED FROM CUMMINS, IPO INDIA‐ 2nd SEPTEMBER, 2010 Cummins Supplier Annual Scorecard – 2009 for delivery and technology ‐ “A+” for quality and internal process ‐ “A” For costing ‐“B” Confidential 6666
Slide 67: Manufacturing Assembly Process - Jack Assembly
Manufacturing Assembly Process I Jack Assembly • Assembly SPM • Spinning SPM • Trunion Clinching SPM • Screw Clinching SPM • Handle Clinching SPM • Traceability coder • Stowage height adjuster Confidential 6767
Slide 68: Manufacturing Assembly Process - Pedal Assembly
Manufacturing Assembly Process I Pedal Assembly Confidential 6868
Slide 69: Manufacturing Assembly Process - Pedal Assembly
Manufacturing Assembly Process I Pedal Assembly Assembly Line with Automation Confidential 6969
Slide 70: Quality Lab
Quality Lab Confidential 7070
Slide 71: Product Durability and Validation Testing - Pedal System
Product Durability and Validation Testing I Pedal System Linear drive unit for load application Load cell to measure forces String Pot or LVDT to measure displacement Rigid test fixture Structural Testing designed to simulate vehicle environment D bilit chamber Durability h b with ith ffullll ttempe
Slide 72: Product Durability and Validation Testing - Jacks
Product Durability and Validation Testing I Jacks 1. Vehicle & Bench Testing 2. Environmental Testing 3 3. C Corrosion i Test T t Chambers Ch b 4. Slope Testing / System Testing 5. Component Performance Analysis Confidential 7272
Slide 73: Summary
SUMMARY • Autoline has a global manufacturing footprint and strong presence in the industry. • Autoline is a Full Service Supplier with the capabilities of Product styling, Engineering, Development , Prototyping and mass Manufacturing of products. • A consistent growth year on year. • Strong experie
Slide 74: Thank You
Thank You Confidential 8484