Rico Auto Industries Limited · NSE:RICOAUTO
Rico Auto Industries — Investor Presentation (May 2023)
41 slides from Rico Auto Industries's investor presentation, May 2023
Slide 1: Automotive Components for Electric, Hybrid & IC Engine Vehicles
Automotive Components for Electric, Hybrid & 45, IC engine Vehicles
Slide 2: Key Facts
Focus on Electrification Key Facts Incorporated in Global Supplier of 6000 Associates 1983 Automotive 200 Robot Associates Strong in-house Components R&D Capabilities Presence in 15 All Automotive 4 Continents Manufacturing Certifications Plants
Slide 3: Key business strategies
Focus on Electrification Key business strategies Preferred De-risked 4 decades of Strategically EV Focus partner to OEMs Business Model Execution Experience located plants Client engagement Extensive product portfolio: Excellence in Proximity of the 4W Electric Motors from concept to completion Pass
Slide 4: Our Core Values
Focus on Electrification Our Core Values Vision To be the preferred supplier to OEMs across the globe. EX C I T E Excellence Commitment Integrity Teamwork Entrepreneurship The power of The power of responsibility, The power of honesty The power of working The power of pursuing being the best account
Slide 5: Board of Directors
Focus on Electrification Board of Directors Kanwal Monga Dr. Amarjit Chopra Dr. Ashok Seth Satish Sekhri Rajeev Kapoor Vinod Kumar Nagar Independent Director Independent Director Independent Director Independent Director Independent Director Independent Director Arvind Kapur Chairman, CEO & Managing
Slide 6: Organization - Executive Committee
Focus on Electrification Organization - Executive Committee Kaushalendra Verma Rajiv Kumar Miglani Samarth Kapur Rakesh Sharma Executive Director Executive Director Executive Director Chief Financial Officer Abhishek Kulshrestha R. Dharna S. Kaul Subodh Mal Shalinder Rathi Vice President Procurement
Slide 7: Rico Auto Group Structure
Focus on Electrification Rico Auto Group Structure Rico Auto Industries Limited 100% Subsidiary 94.8% Subsidiary 70% Subsidiary 100% Subsidiary 100% Subsidiary 100% Subsidiary AAN Rico Rico Friction Rico Auto Rico Auto Rico Jinfei Engineering Fluidtronics Technologies Industries Inc., Industries (UK
Slide 8: The Journey So Far
Focus on Electrification The Journey So Far 2014 >> •Sold stake in FCC Rico JV company •Acquired 70% stake in Rico Friction 2004-2013 Technologies for development and manufacturing of Friction Materials. •R&D Center Started •Initiated After Market Business •JV with MAGNA Powertrain - 1994-2003 Oil P
Slide 9: Prestigious Customers
Focus on Electrification Prestigious Customers Four Wheelers System Supplier Two Wheelers Made In India With Pride
Slide 10: Product Portfolio
Focus on Electrification Product Portfolio Made In India With Pride
Slide 11: Group Revenue – Product-segment wise
Focus on Electrification Group Revenue – Product-segment wise FY 22 FY 23 Projected Electric Electric 7% 12% 35% Engine 38% Engine Chassis 33% ₹ 1880Cr ₹ 2350Cr Chassis 31% 25% 25% 15% 12% 22% 22% Transmission Transmission 85% 88% Aluminium Ferrous Aluminium Ferrous Made In India With Pride
Slide 12: EV and Hybrid Vehicle Components
Focus on Electrification EV and Hybrid Vehicle Components EV Motor Housings Reducer Housings Diff Case for EV Hybrid Transmission Housings E-Transaxle Housings 12 Made In India With Pride
Slide 13: Aluminium Product Range
Focus on Electrification Aluminium Product Range Differential Housings Transmission Housings Cylinder Block Assy. Cover Cylinder Front Cover / Case Timing Oil Pump/Water Pump Clutch Housing Oil Pans Made In India With Pride
Slide 14: Ferrous Product Range
Focus on Electrification Ferrous Product Range Brake Disc Exhaust Manifold Turbine/ Centre Housing Main Bearing Caps Differential Case Brake Drums Pressure Plates Inertia Ring Flywheels Made In India With Pride
Slide 15: Components and Assemblies
Focus on Electrification Components and Assemblies Chain Lever Yoke sprocket Clutch hub & Inner clutch centre assemblies 2w & 4w components Clutch Assembly Made In India With Pride
Slide 16: Manufacturing and R&D Facilities
Focus on Electrification Manufacturing and R&D Facilities Made In India With Pride
Slide 17: Plant Locations
Focus on Electrification Plant Locations 1 Gurugram 9 Haridwar 27 Acres 9 2 Acres Corporate, R&D, Aluminium & 1 8 Aluminium Casting & Ferrous Casting & Machining, 6 2 Machining 7 3 CNC Machine building, Die making & Robotisation 2 Bawal 8 RJWL Manesar 15 Acres, 5 Acres, Aluminium Casting & 5 Alumini
Slide 18: Manufacturing Capabilities
Focus on Electrification Manufacturing Capabilities Machining and assembly Aluminum HPDC Ferrous Casting Dies and Moulds Engineering, R&D CNC-SPM Machine Building Made In India With Pride
Slide 19: Industry 4.0
Focus on Electrification Industry 4.0 •Digitalized performance management •On line monitoring Remotely Made In India With Pride
Slide 20: Machining & Assemblies
Focus on Electrification Machining & Assemblies Over 120 Diecasting Machines (50% above 800 Tons) Over 3000 Machines (CNCs & SPMs) Over 50% Products are Assemblies One of the Largest Machining Facility in India
Slide 21: R&D – New Product Development
Focus on Electrification R&D – New Product Development Expansion of Engineering Automation in Casting & 100+ New Projects set up to Bawal & Chennai Machining lines Higher CC Clutch Prototype Structural Concurrent Segment Cell Parts Engineering Pool of machines & 3D High Strength Special Purpose Prin
Slide 22: Engineering Capabilities
Focus on Electrification Engineering Capabilities Complete Engineering, Development Facilties in house • Feasibility, Simulation, Design, Tool Manufacturing & Project Management • Casting and Machining Process Design and Implementation • Design Centre with Variety of CAD and Simulation Software. • S
Slide 23: Special Purpose Machine Development Capabilities
Focus on Electrification Special Purpose Machine Development Capabilities With Complete Competency for Special Purpose Machine Development In House, advantage/competitive edge. 16 Axis - CNC Special Purpose Horizontal Machining Centre Machine for Case Differential for Transmission Cases • CNC Specia
Slide 24: 2W Clutch Design, Testing & Validation Capabilities
Focus on Electrification 2W Clutch Design, Testing & Validation Capabilities CVT Bench Test Rig (Japan Make) Thermogravimetric Analyzer (TGA) & Differential Scanning Calorimetry (DSC) • Road Load Simulation Test • Burn Test • Thermal Evaluation of Friction Material and • Pmax (Power) Test Friction c
Slide 25: Subsidiaries
Focus on Electrification Subsidiaries 25 Made In India With Pride
Slide 26: Rico Fluidtronics Ltd
Focus on Electrification Rico Fluidtronics Ltd Capabilities & Technologies Customers • Maruti Suzuki - India • Oil Pump Design & Development • Renault - India , Spain, Capabilities Romania, Turkey, France, Brazil, Korea • Oil Pump Testing Capabilities (Performance & Durability) • Nissan - India, UK,
Slide 27: Rico Jinfei Wheels Ltd
Focus on Electrification Rico Jinfei Wheels Ltd Capabilities & Technologies Customers • Wheel Design & Development • Hero Motor Corp – India Capabilities • Honda Motors - India • In House Wheel Testing & Validation • Bajaj Motor - India Facilities • Renault - India • Tooling Development Facilities •
Slide 28: AAN Engineering - Defence
Focus on Electrification AAN ENGINEERING - Defence CLIENTELE AS 9100D Certified • Electronic Fuse Assembly (under bidding Dec 2019) - 3500 Cr Empanelled with Ordnance Factories program value spread over 10 years • Indoor Shooting Ranges Muradnagar, Khamaria, Bolangir etc. for supply of Fuzes & Ammun
Slide 29: Award, CSR Activities & HR Initiatives
Focus on Electrification Award, CSR Activities & HR Initiatives 29 Made In India With Pride
Slide 30: Awards & Recognition
Focus on Electrification Awards & Recognition Made In India With Pride
Slide 31: CSR Initiatives
Focus on Electrification Enhancing Environmental Sustainability Promoting “ Cleanliness & Supporting Rural Sanitation” in Rural areas Development Women Empowerment, Providing Preventive Promoting Girls Education & Health Care Skill development Animal Welfare Made In India With Pride
Slide 32: Employee Engagement
Focus on Electrification Employee Engagement Sharing Vision– “Chat with MD” Induction Training – “Parichay” Skill Enhancement Trainings TPM Kick off Ceremony Best Jishu Hozen Circle Competition POSH Awareness sessions Sports Competition Yoga Training Blood Donation & Health Awareness Camp Long Servi
Slide 33: Financials
Focus on Electrification Financials 33 Made In India With Pride 33
Slide 34: Consolidated Financial Highlights – Quarterly
Focus on Electrification Consolidated Financial Highlights – Quarterly Total Revenue EBITDA 9% 9% 3% -5% 10% 700 200.0% 80 12.0% 14.0% 10.7% 600 0.0% 9.4% 9.4% 70 9.0% 12.0% 500 60 -200.0% 10.0% 400 50 8.0% -400.0% 40 300 6.0% 30 -600.0% 200 4.0% 20 520 568 586 554 609 49 51 55 59 73 -800.0% 100 2.0
Slide 35: Standalone Financial Highlights – Quarterly
Focus on Electrification Standalone Financial Highlights – Quarterly Total Revenue EBITDA 10.0% 12.1% 8% 8% 4% -9% 1% 9.8% 10.7% 60 14.0% 600 200.0% 500 0.0% 50 9.6% 12.0% 10.0% 40 400 -200.0% 8.0% 300 -400.0% 30 6.0% 200 -600.0% 20 4.0% 450 484 505 459 462 100 -800.0% 43 47 51 49 56 10 2.0% 0 -1000
Slide 36: Consolidated Financial Highlights – Yearly
Focus on Electrification Consolidated Financial Highlights – Yearly Total Revenue EBITDA 2,500 23% 30.0% 26% 300 11.8% 14.0% 10.4% 25.0% 5% 9.6% 9.4% 2,000 13% 1% 12.0% 250 20.0% 7.2% 10.0% 15.0% 1,500 200 8.0% 10.0% 150 1,000 6.0% 5.0% 100 0.0% 4.0% 167 136 107 177 241 500 1,412 1,424 1,488 1,881 2
Slide 37: Standalone Financial Highlights – Yearly
Focus on Electrification Standalone Financial Highlights – Yearly Total Revenue 17% EBITDA 10.6% 2,000 25% 30.0% 9.4% 11.7% 14.0% 200 1,800 6% 20.0% 1,600 10% 12.0% 0% 8.6% 7.2% 10.0% 1,400 150 10.0% 1,200 0.0% 1,000 8.0% 100 -10.0% 800 600 6.0% -20.0% 50 400 1,225 1,226 1,305 1,626 1,897 143 106 93
Slide 38: Standalone & Consolidated Financials (Yearly)
Focus on Electrification Standalone & Consolidated Financials (Yearly) STANDALONE CONSOLIDATED PARTICULARS FY23 FY22 YOY FY23 FY22 YOY 1,873 1,603 16.9% Operating Revenue (Net of excise duty) 2,302 1,861 23.7% 23 23 Other Income 19 20 1,897 1,626 16.7% Total Revenue 2,322 1,881 23.4% 1,836 1,590 15.
Slide 39: Standalone & Consolidated Financials – Quarterly (YoY)
Focus on Electrification Standalone & Consolidated Financials – Quarterly (YoY) STANDALONE CONSOLIDATED PARTICULARS Q4FY23 Q4FY22 YOY Q4FY23 Q4FY22 YOY 457 445 2.9% Operating Revenue (Net of excise duty) 603 515 17.2% 5 5 Other Income 6 5 462 450 2.8% Total Revenue 609 520 17.2% 444 437 1.5% Total E
Slide 40: Standalone & Consolidated Financials – Quarterly (QoQ)
Focus on Electrification Standalone & Consolidated Financials – Quarterly (QoQ) STANDALONE CONSOLIDATED PARTICULARS Q4FY23 Q3FY23 QoQ Q4FY23 Q3FY23 QoQ 457 454 0.9% Operating Revenue (Net of excise duty) 603 548 10% 5 5 Other Income 6 5 462 459 0.7% Total Revenue 609 554 10.1% 444 448 -1% Total Expe
Slide 41: Thank You
Focus on Electrification Thank You Investor Relations Jagdish Dwivedi RICO AUTO INDUSTRIES LIMITED 38 KM Stone, Delhi - Jaipur Highway, Gurgaon - 122001, Haryana (INDIA) Phone: +91 124 2824222 | 9811413490 E-mail: [email protected] Website: www.ricoauto.in
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