Suprajit Engineering Limited has informed the Exchange about Investor Presentation
• Suprajit
Engineering Limited
Registered & Corporate Office : #100 & 101, Bommasandra Industrial Area, Bengaluru - 560 099. Tel: +91-80-43421100, Fax: +91-80-27833279 E-mail: info@suprajit.com Web : http://www.suprajll.com Corporate Identity Number (CIN) : L29199KA l 985PLC006934
IATF 16949
June 1, 2022
SSE Limited Department of Corporate Services P. J. Towers, 25th Floor, Dalal Street, Mumbai- 400 001 Ref: 532509
National Stock Exchange of India Ltd Exchange Plaza, C-1, Slock-G, Sandra Kurla Complex, Sandra (E) Mumbai- 400 051 Ref: SUPRAJIT
Dear Sirs,
Sub: Investor Presentation
Please find enclosed an updated Investors' Presentation PPT, 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�Y
Arpit Goyal Assistant Company Secretary
Encl: as above
Suprajit Corporate Presentation
June 2022
| Global Scale | Local Focus | Technology Driven
- A Global Leader in Control Cables and Halogen Bulbs -
2
Core Product Business Leadership
✓ Full Global Product Range in our Core Products ✓ Frequent replacement products with strong spares requirement ✓ World leading scale across industries, geographies and aftermarket
Applications per Vehicle
Passenger Vehicles (PV)
2/3 Wheelers
Off-Highway (OFH) – Agri, Powersports
Push/Pull/Push-Pull Control Cables
15000+ Part Numbers
15+
3-6
15+
Vehicle Lighting
80+ Part Numbers
4-6
2
2
- A Global Leader in Control Cables and Halogen Bulbs -
3
Suprajit Technology & Product Range
Global Technology Centers
USA – Supports PV & OFH
UK – Supports PV & OFH
Germany- Supports PV & OFH
China – Supports All Verticals
India – Supports All Verticals
• Suprajit’s Core Cable Engineering is now at every Customers’ Doorstep
• Suprajit Technology Center:
✓Innovate in India - disrupt globally. ✓Products that enhance or replace existing products ✓Deploy proven innovations across industries and Geographies ✓Allied products – products that enhance or substitute our core product
n o i t o M d e
i l l
A
s t r a P
l
o r t n o C
g n i t h g i L e l c i h e V
t n e m u r t s n
I
s r e t s u C
l
Push/Pull/Push-Pull Control Cables
Halogen Lamps
Analog Speedometer
Friction Products
Electronic Throttle Control
Combi-Brake Systems
Motor Actuation (EMA)
LED Retrofit High Power
LED Retrofit Eco
LDC Actuation Technology
Semi-Digital Cluster
Digital & EV Clusters
l
e b a C
l
o r t n o C
Flexible Shaft
s
m
s i n a h c e M
Seeder Gearbox + Cable Assemblies
Lever + Cable Assemblies
Valve Controllers
Mechatronic Control Mechanisms
Suprajit Technology Center
✓ Techcenter focus 2W EV and Agri-tech but has productionised innovative technology across industry ✓ Significantly higher price per product compared to core products (30 – 100 INR) ✓ Multiple patents have been filed and are now revenue generating
Products
Customers
Price (INR)
Future Growth
Digital Clusters
Mechatronic Seeder Gearboxes
Parking Brake Release Systems
700-7500
Growth in ICE and Global OPE Customers. Won first order in Canada
15000+
20000+
Made for Brazil with our cable, This Agritech product is used by our big 3 Agri customers globally
Successfully deployed in 2 Metro rail projects in India and now we are getting global tenders
Similarly, Suprajit has also developed and is supplying rotary sensors, gear shifters, and patented braking systems across EV, OPE and LCV customers. All developed by STC and handed over to regional manufacturing plants.
5
Suprajit Group
Suprajit Engineering Limited
Suprajit Engineering
Suprajit Controls Division
Phoenix Lamps Division
Technology Center
Domestic Cable Division 12 plants India
Instruments Division 1 Plant India
Non-Automotive 1 EOU India (SENA)
Automotive (SAL) 1 EOU India
Suprajit Kansas (Wescon, SENA)
Suprajit Juarez (Wescon, SENA)
Suprajit UK
Suprajit USA
Suprajit Brownsville
Suprajit Slovenia
Suprajit Matamoras
Suprajit Hungary
Shanghai Lonestar
Domestic Lamp Manufacturing 2 DTA Plants India
Export Lamp Manufacturing 1 EOU India
Trifa Germany
Luxlite Luxembourg
Part of Parent
100% Owned (Directly or Indirectly) LDC Entities
SENA & LDC will form ‘Suprajit Controls Division’ to achieve combined synergies of a global supply chain, and strong local engineering and sales teams. SENA & LDC will continue to report separately till integration is complete.
6
Ajith Rai Chairman, Founder Suprajit Group 35 years building Suprajit
Narayanshankar COO Suprajit DCD 33+ years with Suprajit
Akhilesh Goel COO Phoenix PLD 7 years with Suprajit 20+ years experience including Phillips
Strong Leadership Team
Mohan N.S. CEO, MD Suprajit Group 8 years with Suprajit 35 years with Bosch, Visteon, ZF
Jim Ryan President, Global Cables 30 years of Global Cable Experience (Teleflex, Kongsberg, Leggett& Platt)
Frank Klinkert CEO Trifa & Luxlite 7 years with Suprajit 15+ years with Luxlite
Ashutosh Rai Head Suprajit Tech Center 9 years with Suprajit 15 patents granted
Akhilesh Rai Chief Strategy Officer Suprajit Group 12 years with Suprajit MBA London Business School
Steve Fricker President and CEO SENA/Wescon 35 years in the cable industry 6 years with Suprajit
Gopal Doraiswamy VP Sales Global Suprajit Group 20 years Tier I Automotive 7 years with Suprajit
Scott Schaffer VP, Engineering SENA, STC 28 years of cable experience 6 years with Suprajit
Medappa Gowda CFO & CS Suprajit Group 30+ years with Suprajit
Neil Collis Managing Director SEU Europe Ltd 25 Years Automotive Experience 3 Years with Suprajit
Praveen Rao SVP Sales India Suprajit Group 5 years with Suprajit 20+ years at Tier 1 Automotives
7
Leadership Team
Founder & Chairman
Managing Director
President Suprajit US
COO Phoenix
CEO Trifa/Luxlite
COO SEL
CEO SEU
CEO SENA
VP LDC USA
VP LDC EU
VP LDC China
VP Global Sales
CSO, Director Suprajit Group
Shared Functions
Sr VP Marketing PLD, DCD
Head – STC Suprajit Group
CFO & CS Suprajit Group
8
Customers
Top 10 Customers Span all verticals
Extensive Global Customer Base
40+ PV OEMs and Tier-1s
10+ 2W OEMs and Tier 1s
20+ OFH OEMs and Tier 1s
10+ Lighting Tier 1s
* All names, images and logos are copyright of their respective owners.
- A Global Leader in Control Cables and Halogen Bulbs -
10
Strategy – Derisk & Grow Profitably
1985
Single Segment
Two-Wheeler
Three-Wheeler & India Aftermarket
Passenger & Commercial Vehicles, Agriculture
Power Sports, Garden Equipment, Global After market, Electric Vehicles
2022
Multiple Segments
Single Customer
TVS Motor Company
Bajaj Hero Honda Yamaha
Tata Motors, Swaraj Mazda, Eicher Motors Mahindra
BMW, VW, GM Ford, Suzuki
John Deere, Kubota, MTD
Hero Electric, Ather
Multiple Customers
Single Product
Mechanical Control Cables
Speedometers
Cable based levers & assemblies
Automotive Halogen Lamps Electronics
Electro- Mechanical Actuation
Multiple Products
Single Location
Karnataka
Maharashtra Gujarat
Haryana Uttarakhand
Rajasthan Tamil Nadu
Uttar Pradesh
UK , US, Germany, Luxembourg, Mexico, Slovenia
Multiple Locations
- Multiple States -
- Multiple Countries -
Single Brand
Multiple Brands
Through Strong Organic Growth, Capacity Expansion, and Strategic Acquisitions
- A Global Leader in Control Cables and Halogen Bulbs -
11
An Expanded Global Footprint
Manufacturing Plants
India
US
Mexico
Mexico
Hungary
China
US
LDC Plants
18
1
1
1
1
1
Warehouse
Phoenix - India: ▪ Noida 2 Plants, SEZ & DTA ▪ Chennai – 1 Plant Suprajit – India: ▪ Headquarters, Global Manufacturing Hub ▪ 15 Strategically located plants
* LDC also has Sales and Engineering teams in Novi (Detroit USA), Burton (UK), Munich (Germany), and each plant (Mexico, Hungary, China)
Capacities
Cable Capacity
Revenue Split
450
400
350
300
250
200
150
100
50
0
(In millions)
0 0 4
0 0 3
0 0 3
0 0 3
0 5 2
0 5 2
0 1 2
0 5 2
0 2 2
7 0 2
5 0 2
0 4 2
0 0 2
5 8 1
5 7 1
0 4 1
7 5 1
0 4 1
5 1 1
0 5 1
5 2 1
5 2 1
0 0 1
5 0 1
0 9
0 8
6 6
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023E
Cables Produced
Cable Capacity
CAPACITY
Cables – 400 million
Bulbs – 110 million
Bulbs, 20%
FY 21-22
Cables, 80%
- A Global Leader in Control Cables and Halogen Bulbs -
13
Group Financials
Growth in net sales…
(USD Mn)
4 . 2 6
7 . 6 4
8 . 7 2
5 . 2 8
3 . 4 1 2
1 . 1 2 2
2 . 7 3 2
1 . 2 6 1
…with healthy EBIDTA margins
…
% 2 . 6 1
% 7 . 5 1
% 6 . 6 1
% 9 . 4 1
% 6 . 4 1
% 4 . 4 1
% 1 . 4 1
% 2 . 3 1
FY09
FY11
FY13
FY15
FY17
FY19
FY21
FY22
FY09
FY11
FY13
FY15
FY17
FY19
FY21
FY22
6 4 . 0
5 5 . 0
8 3 . 0
5 4 . 0
7 2 . 0
1 2 . 0
9 0 . 0
3 0 . 0
0.84
0.79
0.73
0.66
0.65
0.47
0.33
0.31
Low Long-Term Debt / Equity...
..and low Total Debt Equity Ratio
FY09
FY11
FY13
FY15
FY17
FY19
FY21
FY22
2009
2011
2013
2015
2017
2019
2021
2022
- A Global Leader in Control Cables and Halogen Bulbs -
14
Segmental and Geographic Synergies
e s i w - y r o g e t a C
e s i w - y h p a r g o e G
1%
2.5%
FY 2001-02
96,5%
1%
FY 2001-02
99%
26%
4%
6%
FY 2009-10
64%
23%
18%
FY 2021-22
26%
33%
30%
25%
FY 2022-23E
21%
24%
Automotive
2-wheeler
Aftermarket
Non-Automotive
81%
FY 2009-10
FY 2021-22
60%
40%
55%
FY 2022-23E
19%
45%
Global
Domestic
15
Key Milestones in Our Journey
•
•
•
•
•
•
1985
1996-2005
2011-22
1985-95
2006-10
•
• • •
• •
•
•
•
•
•
•
•
•
•
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Suprajit Strengths
Global Top 3 in both control cables and halogen bulbs manufacturing
Excellent customer rapport with strong localized supply chain
Proprietary class `B’ items, giving a strategic relationship advantage.
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
World-class manufacturing with operations IATF 16949 certified
Preferred Supplier to both Domestic and Overseas Customers (OEMs and Aftermarket).
Exports to 50+ countries.
Strong presence in global aftermarket and non-automotive cable segment in US/North American
Suprajit Technology Center brings new technology to Agri, Powersports, PV, and EV 2-Wheeler Customers
- A Global Leader in Control Cables and Halogen Bulbs -
17
Awards and Recognitions
Recent Recognitions
Customer Awards and Recognitions
❖ 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.
Other 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
The Global Leader in Control Cables and Halogen Bulbs. One Goal – Customer Satisfaction
Thank You
Confidential
19