Suprajit Engineering Limited

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Suprajit Enneering Limited Registered & Coote ice: #100, Bommasandra Industrial Area, Bengaluru - 560 099. Tel: +91-80-43421100, Fax: +91-80-27833279 E-mail: [email protected] Web: http://.suprajit.com Corporate Identi Number (CIN) : L29199l 985PLC006934 BSE Limited Department of Corporate Services P. J. Towers, 25th Floor, Dalal Street, Mumbai-400 001 Ref: 532509 Dear Sirs, Sub: Investor Presentation August 18, 2021 National Stock Exchange of India Ltd Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (E) Mumbai-400 051 Ref: SUPRAJIT Please find enclosed Investors' Presentation, which may be presented to various investors, analysts while meeting and also while attending investor conferences, if any, from time to time. This presentation is also available in our website at www.suprajit.com. This is for your Information and records. This may be considered as compliance under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you, Yours faithfully, For Suprajit Engineering Limited \ 1 Medappa Gowda J CFO & Company Secretary Encl: as above

Transcript of Suprajit Engineering Limited

Page 1: Suprajit Engineering Limited

Suprajit Engineering Limited

Registered & Corporate Office: #100, Bommasandra Industrial Area,

Bengaluru - 560 099. Tel: +91-80-43421100, Fax: +91-80-27833279

E-mail: [email protected] Web: http://www.suprajit.com

Corporate Identity Number (CIN) : L29199KA l 985PLC006934

BSE Limited

Department of Corporate Services

P. J. Towers, 25th Floor, Dalal Street,

Mumbai-400 001

Ref: 532509

Dear Sirs,

Sub: Investor Presentation

August 18, 2021

National Stock Exchange of India Ltd

Exchange Plaza, C-1, Block-G,

Bandra Kurla Complex, Bandra (E)

Mumbai-400 051

Ref: SUPRAJIT

Please find enclosed Investors' Presentation, which may be presented to various

investors, analysts while meeting and also while attending investor conferences, if any,

from time to time. This presentation is also available in our website at

www.suprajit.com.

This is for your Information and records.

This may be considered as compliance under Regulation 30 of SEBI (Listing Obligations

and Disclosure Requirements) Regulations, 2015.

Thanking you,

Yours faithfully,

For Suprajit Engineering Limited

\r-0°'/1 Medappa Gowda J

CFO & Company Secretary

Encl: as above

Page 2: Suprajit Engineering Limited

Suprajit Corporate Presentation

August 2021

Page 3: Suprajit Engineering Limited

1Core business, Group and

Organization Structure

2 Customer Profile

3 Strategy – Suprajit 2.0

4 Suprajit Technology Centre

6Milestones, Strengths and

Accolades

- A Global Leader in Control Cables and Halogen Bulbs - 2

Overview

5 Financials.

Page 4: Suprajit Engineering Limited

Core Business

Page 5: Suprajit Engineering Limited

- A Global Leader in Control Cables and Halogen Bulbs - 4

Exhaustive Range of Cables

Park Brake Cables

Clutch Cables

Starter Cables

Door Latch Cables

Push-Pull Cables

Mirror Cables

Tail Gate Cables

Gear Shifter Cables

Throttle Cables

Brake cables

Speedometer

Tachometer Cables

Seat lock Cables

Engine stop Cables

Idle Cable Assembly

HVAC Cables

Seeder cables

Power take off cables

Tire lifting Cables

Fuel Filler cables

Hood Lock/Release Cables

Window Regulator Cables

Cables for Seat Belts

Recliners Cables

Battery comp open cables

Hand throttle cables

Foot throttle cables

Full Product Range for Variety of Applications Across Industries

Passenger Vehicle

Two-Wheeler

Agriculture, Powersport, Marine, Consumer Goods, etc..

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- A Global Leader in Control Cables and Halogen Bulbs - 5

Exhaustive Range of Halogen Bulbs

Passenger Vehicles

Two-Wheelers

Commercial Vehicles

India Aftermarket

Europe Aftermarket

US aftermarket

Full Product Range for Global Headlamp Requirements

Global Aftermarket FocusOEM Leadership Across Industry

Page 7: Suprajit Engineering Limited

- A Global Leader in Control Cables and Halogen Bulbs - 6

Best-in-class Facilities

Best in Class Facilities

World-class manufacturing with operations IATF 16949 certified.

Global standards in manufacturing, testing and quality assurance.

Vertical process integration for key processes and optimized supply chain.

IATF 16949 Plants

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Phoenix Lamps Division Suprajit Engineering Suprajit Engineering

Automotive

Suprajit Engineering

Non-Automotive (SENA)

Suprajit Europe

UK & Slovenia

Automotive

(SAL India)

1 EOU India

Suprajit

USA

Corporate Social Responsibility (CSR)

Suprajit Foundation

Wescon Controls

2 plants (USA &

Mexico)

Suprajit Engineering Limited

LuxliteLuxembourg

Suprajit Group Structure

7

TrifaGermany

Non-Automotive

1 EOU India

Domestic Cable

Division

12 plants India

Domestic Lamp

Manufacturing

2 DTA Plants India

Export Lamp

Manufacturing

1 EOU India

Technology

Center

Part of Parent

100% Owned (Directly or Indirectly)

Instruments

Division

1 Plant India

Page 9: Suprajit Engineering Limited

Leadership Team

N.S.Mohan

Managing Director

- A Global Leader in Control Cables and Halogen Bulbs - 8

Ashutosh Rai

Head – STC

Suprajit Group

Praveen Rao

Sr VP Marketing

PLD, DCD

Akhilesh Rai

CSO, Director

Suprajit Group

Frank Klinkert

CEO

Trifa/Luxlite

Peter Greensmith

CEO – SEU

Director - SAL

Narayan Shankar

COO

SEL

Akhilesh Goel

COO

Phoenix

Steve Fricker

CEO

SENA

K. Ajith Kumar Rai

Founder & Chairman

Medappa Gowda

CFO & CS

Suprajit Group

Shared Functions

James Ryan

President

Suprajit US

Gopal Doraiswamy

VP Sales

Americas

Page 10: Suprajit Engineering Limited

Top 3 in control cables and halogen bulbs manufacturing, globally.

Leading supplier in Indian Automotive Industry.

Preferred Supplier to both Domestic and Overseas Customers (OEMs and Aftermarket).

Exports to 50+ countries.

Strong presence in non-automotive cable segment in US/North American markets through Wescon.

Strong Brands: Suprajit, Wescon and Phoenix.

Group Overview

- A Global Leader in Control Cables and Halogen Bulbs - 9

Global Sub-brands:

Page 11: Suprajit Engineering Limited

Customer Profile

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Customers | Automotive

- A Global Leader in Control Cables and Halogen Bulbs - 11

* All names, images and logos are copyright of their respective owners.

Page 13: Suprajit Engineering Limited

Customers | Non-Automotive

- A Global Leader in Control Cables and Halogen Bulbs - 12

* All names, images and logos are copyright of their respective owners.

Page 14: Suprajit Engineering Limited

Customers – 2 Wheelers

- A Global Leader in Control Cables and Halogen Bulbs - 13

* All names, images and logos are copyright of their respective owners.

Page 15: Suprajit Engineering Limited

Top 10 Customers

- A Global Leader in Control Cables and Halogen Bulbs - 14

Bajaj Auto

TVS Motor

Honda

VW Group

Hero Moto Corp

MTD

ToroOsram

BMW

John Deere Group

* All names, images and logos are copyright of their respective owners.

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Strategy – Suprajit 2.0

Page 17: Suprajit Engineering Limited

Hero

Electric,

Ather, NDS

Power Sports, Garden

Equipment, Global After

market, Electric Vehicles

20211985

Single Segment

Single Customer

Single Product

Single Location

Single Brand

Multiple Segments

TVS Motor

Company

Bajaj

Hero Honda

Yamaha

Tata Motors, Swaraj

Mazda, Eicher Motors

Mahindra

BMW, VW,

GM Ford,

Suzuki

John Deere,

Kubota,

MTD

Multiple Customers

Two-WheelerThree-Wheeler &

India AftermarketPassenger & Commercial

Vehicles, Agriculture

Mechanical

Control CablesMultiple Products

Automotive

Halogen Lamps

Electronics

Cable based levers

& assembliesSpeedometers

Karnataka Maharashtra

Gujarat

Haryana

Uttarakhand

Rajasthan

Tamil Nadu

Uttar Pradesh UK , US, Germany,

Luxembourg, Mexico, Slovenia

Multiple Locations

Multiple Brands

Strategy – Derisk & Grow Profitably

- A Global Leader in Control Cables and Halogen Bulbs - 16

- Multiple States - - Multiple Countries -

Through Strong Organic Growth, Capacity Expansion, and Strategic Aquisitions

Page 18: Suprajit Engineering Limited

Suprajit Engineering

Automotive Cables

14 manufacturing facilities in India

including EOU for non-

automotive.

SAL – EOU facility for

automotive

SEU - Tech Centre in Tamworth,

UK.

SEK – Owned Warehouse in

Koper, Slovenia.

Over 35 years of expertise in

cables.

Phoenix Lamps

Halogen Lamps

3 manufacturing facilities in

India.

A full-fledged office in Germany

and warehouse in Luxembourg.

Acquired by Suprajit in May

2015 and merged with Suprajit

in August 2017

Acquired halogen plant of

Osram in Chennai, in 2019.

Over 30 years of expertise in

Halogen Lamps.

Wescon Controls

Non-Automotive cables

Manufacturing facility in Wichita,

Kansas, USA.

1 Maquiladora facility in Juarez,

Mexico.

Acquired by Suprajit in

September 2016.

Over 75 years of expertise in

cables & controls.

Strategy – 3 brands

- A Global Leader in Control Cables and Halogen Bulbs - 17

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Phoenix:

▪ Nodia 2 Plants, SEZ & DTA

▪ Chennai – 1 Plant

Suprajit – India:

▪ Headquarters,

▪ Global Manufacturing Hub

▪ 15 Strategically located plants

Global Footprint

- A Global Leader in Control Cables and Halogen Bulbs -18

Manufacturing Plants

India 18

US 1

Mexico 1

Page 20: Suprajit Engineering Limited

Suprajit Technology Center

Page 21: Suprajit Engineering Limited

Suprajit Technology Center

Lever + Cable

Assemblies

Friction

Products

Analog

SpeedometerSemi-Digital

Cluster

Halogen

Lamps

Alli

ed M

oti

on

C

on

tro

l Par

tsV

ehic

le L

igh

tin

gIn

stru

men

t C

lust

ers

Electronic

Throttle Control

Global Technology Centers:

USA – Supports Agriculture and Power Sports

UK – Supports Automotive

India – Supports All Verticals

Push/Pull/Push-Pull

Control Cables

Digital

Cluster

EV

Cluster

Co

ntr

ol C

able

M

ech

anis

ms

Seeder Gearbox +

Cable Assemblies

Flexible

Shaft Valve

Controllers

LED Retrofit

High Power

LED Retrofit

Eco

Combi-Brake

Systems

✓ Continuously building inhouse expertise in allied

products that enhance value add

✓ Technology & Product Cross-Selling across

Suprajit Markets and Geographies

✓ Designed and Manufactured Inhouse

✓ Experienced Electronics and Mechatronics Teams

✓ Globally 13 Patents (confirmed or in-review)

20

Page 22: Suprajit Engineering Limited

Financials

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Capacities

- A Global Leader in Control Cables and Halogen Bulbs - 22

66

90 100 115

125 140 157 185 210

220

207

205

80

105 125 140

150 175 200

250

250

250

300

300

0

50

100

150

200

250

300

350

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

(In millions)

Cables Produced Cable Capacity

Revenue Split

Cables – 300 millionCAPACITY

Bulbs – 110 million

Cable Capacity

Bulbs, 20%

Cables, 80%

FY 20-21

Page 24: Suprajit Engineering Limited

Group Financials

- A Global Leader in Control Cables and Halogen Bulbs - 23

27.8 46

.7 62.4 82

.5

162.

1

214.

3

221.

1

FY09 FY11 FY13 FY15 FY17 FY19 FY21

(USD Mn)

Growth in net sales… ……with healthy EBIDTA margins

0.55 0.

46

0.27

0.38 0.

45

0.21

0.09

FY09 FY11 FY13 FY15 FY17 FY19 FY21

13.2

% 16.2

%

15.7

%

14.9

%

16.6

%

14.6

%

14.4

%

FY09 FY11 FY13 FY15 FY17 FY19 FY21

0.84

0.66 0.65

0.79 0.73

0.47

0.33

2009 2011 2013 2015 2017 2019 2021

..and low Total Debt Equity RatioLow Long-Term Debt / Equity...

Page 25: Suprajit Engineering Limited

Segmental and Geographic Synergies

- A Global Leader in Control Cables and Halogen Bulbs -24

1% 2.5%

96,5%

1%

99%

FY

2001-02

FY

2001-02

Ca

teg

ory

-wis

eG

eogr

aph

y-w

ise

Automotive 2-wheeler Aftermarket Non-automotive

Global Domestic

6%

4%

26%

64%

FY

2009-10

81%

19%

FY

2009-10

27%

21%

17%

35%

FY

2020-21

60%40%FY

2020-21

Page 26: Suprajit Engineering Limited

Milestones, Strengths and Accolades

Page 27: Suprajit Engineering Limited

1985

1985-95

1996-2005

2006-10

2011-21

Key Milestones in Our Journey

- A Global Leader in Control Cables and Halogen Bulbs -26

Page 28: Suprajit Engineering Limited

Industry leading scale leads to material cost advantage, high productivity and low overhead costs.

Excellent customer rapport with strong localized supply chain.

A proprietary class `B’ item, giving a strategic relationship advantage.

Suprajit Technology Center to bring new technologies and products to customers.

Ability to setup modular capacities at low capex for dynamic growth.

Industry beating operational and financial costs.

Excellent management team, motivated and focused.

“Value for Money Supplier” with best QCDD rating

Suprajit Strengths

- A Global Leader in Control Cables and Halogen Bulbs - 27

Page 29: Suprajit Engineering Limited

❖ BMW India – Best Delivery Performance 2019

❖ Maruti Suzuki – Green Supplier Status Award

❖ TVS Motors – Best Supplier of the Year 2021 Award

❖ Volkswagen – ‘A’ Grade Supplier Quality Performance Award

❖ Mahindra MSES and SBCB Award

❖ Honda Motorcycles & Scooters – Quality & Delivery Achievement.

❖ General Motors - Supplier Quality Excellence Award (3 years running)

❖ John Deere – Accelerated Global Sourcing Award.

❖ Brose Key Supplier Award.

❖ Bajaj Auto Limited – TPM Excellence Award.

❖ Tata Motors – Green Card for ‘0’ PPM.

❖ Hero MotoCorp Limited – Direct Online Supply (DOL) Award.

❖ Bajaj Auto Limited - Quality Consistency Gold Award.

❖ Yamaha - Cost Reduction & VA/VE & ‘A Grade’ Excellence Award.

❖ TVS, Bajaj and Mahindra – various Awards.

❖ KSFC: Entrepreneur of the year for the promoter, 1995

❖ CNBC/ICICI/CRISIL:- SME & Auto Ancillary of the Year. 2006

❖ NASSCOM: Best IT user Award in Automotive Sector, 2007

❖ KSFC: Outstanding Enterprise of the State, 2010

❖ BMA – Entrepreneur of the Year, 2017

Customer Awards and Recognitions

Other Awards

Awards and Recognitions

- A Global Leader in Control Cables and Halogen Bulbs - 28

Recent Recognitions

Page 30: Suprajit Engineering Limited

One Goal

Customer Satisfaction

300 Million Cables

110 Million Halogen Bulbs

Page 31: Suprajit Engineering Limited

Thank You

www.suprajit.com