Sandhar Technologies Limited has informed the Exchange about Investor Presentation
Ref: STL /SE/ 2024-2025/Investor Presentation/63
Dated: 12th February, 2025
To, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001 Bandra, (E), Mumbai – 400051
National Stock Exchange of India Limited C-1, G-Block, Bandra-Kurla Complex
Listing Department,
To,
BSE Code: 541163; NSE: SANDHAR
Sub.: Intimation to Stock Exchange - Investor Presentation in connection with Un-Audited (Standalone & Consolidated) Financial Results for the Quarter and Nine Months ended on the 31st December, 2024
Dear Sir/Madam,
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with Un-Audited (Standalone & Consolidated) Financial Results for the Quarter and Nine Months ended on the 31st December, 2024.
The above information will also be available on the Company’s website www.sandhargroup.com
You are requested to take note of the same.
Thanking you,
For Sandhar Technologies Limited
Yashpal Jain (Chief Financial Officer & Company Secretary) (M. No. A13981)
Encl.: As above
Sandhar Technologies Limited
Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900
Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800
E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553
Sandhar Technologies Limited
INVESTOR PRESENTATION Q3 & 9M, FY-2024-25
SAFE HARBOUR
This presentation and the accompanying slides (the “Presentation”), has been prepared by Sandhar Technologies Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks the Indian economy and of the economies of various international and uncertainties include, but are not limited to, the performance of markets, the performance of the auto ancillary industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.
All Rights Reserved @ Sandhar 2025
2
Key Financial Highlights – Standalone – Y-o-Y
For the Quarter – Q3, FY 25
9M FY 25
Total Income
EBITDA
Total Income
EBITDA
Total Income
Increased by 6% to Rs. 742 Crs.
EBITDA Increased by 9% to Rs. 78 Crs.
Total Income
Increased by 7% to Rs. 2,171 Crs.
EBITDA Increased by 15% to Rs. 219 Crs.
EBITDA in %
PAT
EBITDA in %
PAT
EBITDA Margin
higher by 30 bps at 10.60%
PAT increased by 5% to Rs. 35 Crs.
EBITDA Margin
Higher by 70 bps at 10.10%
PAT increased by 14% to Rs. 97 Crs.
All Rights Reserved @ Sandhar 2025
3
Key Financial Highlights – Consolidated – Y-o-Y
For the Quarter – Q3, FY 25
9M FY 25
Total Income
EBITDA
Total Income
EBITDA
Total Income
Increased by 9% to Rs. 974 Crs.
EBITDA Increased by 5% to Rs. 96 Crs.
Total Income
Increased by 10% to Rs. 2,882 Crs.
EBITDA Increased by 16% to Rs. 291 Crs.
EBITDA in %
PAT
EBITDA in %
PAT
EBITDA Margin
Lower by 40 bps at 9.80%
PAT increased by 18% to Rs. 30 Crs.
EBITDA Margin
higher by 50 bps at 10.10%
PAT increased by 33% to Rs. 99 Crs.
All Rights Reserved @ Sandhar 2025
4
Consolidated Financial Growth
500 450 400
350 300 250 200 150
100 50 -
EBITDA
9.6%
9.0%
8.7%
118
148
188
9.6%
251
10.1%
291
9M FY21
9M FY22
9M FY23
9M FY24
9M FY25
EBITDA
EBITDA%
12.0%
7.0%
2.0%
200
150
100
50
-
3.0%
36
9M FY21
EBITDA
9.3%
9.5%
9.5%
9.1%
8.4%
10.9%
10.2%
10.6%
9.8%
9.8%
200
150
10.0%
100
3.4%
3.8% 3.9%
3.5%
63
68
74
76
84
91
100
90
105
96
50
25
27
30
29
500
450
400
350
300
250
200
150
100
50
-
(fig. in ₹ Crs.)
4.2%
122
3.9%
102
EBT
3.4%
74
3.9%
63
9M FY22
9M FY23
9M FY24
9M FY25
1.0%
EBT
EBT%
EBT
4.8%
4.9%
4.3%
3.9%
3.8%
3.9%
35
38
44
35
49
38
Q2, FY23
Q3
Q4
Q1, FY24
Q2
Q3
Q4
Q1, FY25
Q2
Q3
Q3
Q4
Q2, FY23
Q1, FY24
Q2
Q3
Q4
Q2
Q3
Q1, FY25
5.0%
-
1.0%
EBITDA
EBITDA%
EBT
EBT%
All Rights Reserved @ Sandhar 2025
5
Q3 - FY’25 Revenue Snapshot – Consolidated – Y-o-Y
Geographical Breakup
Category Wise
Standalone, 76.0%
Q3, FY 25
India – 89.0% Overseas – 11.0%
Standalone, 78.1%
Q3, FY 24
India – 87.7% Overseas – 12.3%
Total Revenue 973.69 Crs.
Indian Subsidiaries, 13.0%
Overseas Subsidiaries, 11.0%
Total Revenue 889.52 Crs.
Indian Subsidiaries, 9.6%
Overseas Subsidiaries, 12.3%
Product Wise
Vision Systems, 5.5%
2W, 60.9%
Locking Systems, 19.0%
Cabins & Fabrication, 15.1%
Sheet Metal, 14.1%
Q3, FY 25
Q3, FY 25
Others, 6.1%
CV, 1.5%
OHV , 15.9%
PV, 15.6%
Others, 11.1%
Assemblies, 11.4%
ADC Overseas, 11.0%
ADC Domestic, 12.8%
2W, 59.1%
Locking Systems, 19.1%
Vision Systems, 6.4%
Cabins & Fabrication, 14.1%
Q3, FY 24
Others, 5.4%
CV, 1.9%
Q3, FY 24
Others, 10.9%
Sheet Metal, 15.3%
ADC Overseas, 12.3%
OHV , 15.0%
PV, 18.6%
Assemblies, 10.9%
ADC Domestic, 11.0%
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All Rights Reserved @ Sandhar 2025
9M - FY’25 Revenue Snapshot – Consolidated – Y-o-Y
Geographical Breakup
Category Wise
Product Wise
Standalone 75.1%
Total Revenue 2,870.42 Crs.
9M, FY'25
Indian Subsidiaries 13.1%
India – 88.2% Overseas – 11.8%
Standalone 77.7%
India – 85.8% Overseas – 14.2%
9M, FY'24
Overseas Subsidiaries 11.8%
Total Revenue 2,603.27 Crs.
Indian Subsidiaries 8.1%
Overseas Subsidiaries 14.2%
Others 5.4%
CV 1.6%
OHV 14.9%
2W 61.7%
9M, FY'25
PV 16.4%
2W, 58.2%
9M, FY'24
Others, 5.3%
CV, 2.1%
Vision Systems 5.6%
Cabins & Fabrication 14.2%
Locking Systems 18.4%
Others 8.9%
Assemblies 10.7%
9M, FY'25
Sheet Metal 17.0%
ADC Overseas 11.8%
ADC Domestic 13.4%
Vision Systems, 6.3%
Cabins & Fabrication, 14.1%
Locking Systems, 18.8%
Others, 9.8%
9M, FY'24
Sheet Metal, 14.5%
ADC Overseas, 14.2%
OHV , 14.9%
PV, 19.5%
Assemblies, 10.9%
ADC Domestic, 11.4%
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All Rights Reserved @ Sandhar 2025
9M-FY 25 Financial Snapshot – Y-o-Y Consolidated
TOTAL INCOME
EBITDA
(fig. in ₹ Crs.)
EBT
PAT
10%
16%
19%
33%
Standalone
TOTAL INCOME
EBITDA
EBT
PAT
7%
15%
16%
14%
All Rights Reserved @ Sandhar 2025
8
Q3-FY 25 Financial Snapshot Consolidated
(fig. in ₹ Crs.)
TOTAL INCOME TOTAL INCOME
EBITDA EBITDA
EBT EBT
PAT PAT
9%
-2%
5%
-9%
0.1%
-22%
18%
-25%
Standalone
TOTAL INCOME
EBITDA
EBT
PAT
6%
-1%
9%
-1%
4%
-4%
5%
-4%
All Rights Reserved @ Sandhar 2025
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Financial Information & Recent Updates
10
Profit & Loss Statement – Consolidated
(fig. in ₹ Crs)
Particulars
Q3 FY 25 Q3 FY 24
YoY (%)
Q2 FY 25 QoQ (%)
9M FY 25 9M FY 24
Total Income Expenses Cost of materials Labour cost Personnel expenses Other expenses Total expenses EBITDA EBITDA % Finance costs Interest on lease liabilities Depreciation Profit before exceptional item, share of loss in joint ventures and tax (EBT) Exceptional item Profit/(Losses) from JV Profit after exceptional item, share of loss in joint ventures before tax EBT % Tax Expenses Net profit Net Profit % Other comprehensive income Total comprehensive income Comprehensive Income % Cash Profit Earnings Per Share (EPS)* Cash Earning Per Share (CEPS)*
974.44
891.80
9.27%
989.95
-1.57%
2881.64
2611.62
594.91 88.51 45.93 149.38 878.73 95.71 9.82% 12.45 1.46 43.72
545.83 76.53 42.89 135.66 800.92 90.87 10.19% 11.79 1.33 39.71
8.99% 15.64% 7.08% 10.11% 9.71% 5.32%
5.56% 9.37% 10.08%
606.52 86.16 46.94 145.72 885.34 104.61 10.57% 12.25 1.50 42.21
-1.91% 2.73% -2.15% 2.52% -0.75% -8.52%
1.58% -2.62% 3.58%
1753.17 258.96 139.99 438.86 2590.97 290.67 10.09% 37.45 4.51 126.68
1596.76 223.13 132.32 408.50 2360.71 250.91 9.61% 32.91 4.24 111.50
Growth Vs LY 10.34%
9.80% 16.06% 5.80% 7.43% 9.75% 15.84%
13.80% 6.42% 13.61%
38.08
38.03
0.13%
48.66 -21.73%
122.03
102.26
19.33%
- 3.77
0.00 0.63
493.70%
- 1.40 169.61%
0.00 7.02
0.00 1.54
354.71%
41.85
38.67
8.23%
50.05 -16.39%
129.04
103.80
24.32%
4.29% 11.90 29.95 3.07% -3.05 26.90 2.76% 75.59 4.97 12.56
4.34% 13.30 25.37 2.84% 1.66 27.02 3.03% 67.15 4.21 11.16
18.07%
- -0.46%
12.57% 18.00% 12.57%
5.06% 10.03 40.02 -25.17% 4.04% 2.37
42.39 -36.53% 4.28% 84.14 -10.17% 6.65 -25.21% 13.98 -10.17%
4.48% 30.01 99.03 3.44% -1.23 97.80 3.39% 231.52 16.45 38.46
3.97% 29.40 74.40 2.85% 2.76 77.16 2.95% 192.05 12.36 31.91
33.11%
26.75%
20.56% 33.11% 20.56%
* Not Annualized for the Quarter & Period Ended Dec’24
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Profit & Loss Statement – Standalone
(fig. in ₹ Crs)
Particulars
Q3 FY 25 Q3 FY 24
YoY (%)
Q2 FY 25
QoQ (%)
9M FY 25
9M FY 24
Growth Vs LY
742.36
Total Income Expenses Cost of materials Labour cost Personnel expenses Other expenses Total expenses EBITDA EBITDA % Finance costs Interest on lease liabilities Depreciation Profit before exceptional item and tax Exceptional item Profit after exceptional item and before tax (EBT) EBT % Tax Expenses Net profit Net Profit % Other comprehensive income Total comprehensive income Comprehensive Income % Cash Profit Earnings Per Share (EPS)* Cash Earning Per Share (CEPS)* * Not Annualized for the Quarter & Period Ended Dec’24
490.10 59.08 25.81 88.93 663.91 78.45 10.57% 4.61 0.60 24.65 48.58 - 48.58 6.54% 13.38 35.20 4.74% -0.17 35.03 4.72% 59.85 5.85 9.94
697.15
6.48%
749.56
-0.96%
2171.17
2030.67
6.92%
467.07 53.97 24.52 79.79 625.35 71.80 10.30% 2.56 0.38 22.16 46.70 0.00 46.70 6.70% 13.06 33.64 4.83% -0.01 33.63 4.82% 55.80 5.59 9.27
4.93% 9.46% 5.24% 11.45% 6.17% 9.25%
80.16% 58.39% 11.23% 4.03%
4.03%
4.64%
- 4.17%
7.26% 4.65% 7.26%
498.97 57.62 26.58 87.20 670.36 79.20 10.57% 4.10 0.64 23.97 50.50 - 50.50 6.74% 13.75 36.75 4.90% -0.66 36.09 4.82% 60.72 6.10 10.09
-1.78% 2.54% -2.90% 1.99% -0.96% -0.95%
12.53% -5.43% 2.86% -3.80%
-3.80%
-4.22%
- -2.94%
-1.42% -4.10% -1.42%
1443.16 172.33 78.90 257.40 1951.79 219.38 10.10% 12.76 1.91 71.76 132.96 - 132.96 6.12% 36.34 96.62 4.45% -1.01 95.61 4.40% 168.38 16.05 27.97
1371.98 157.47 79.11 232.07 1840.64 190.02 9.36% 7.76 1.31 65.99 114.96 - 114.96 5.66% 30.03 84.93 4.18% 0.31 85.24 4.20% 150.92 14.11 25.07
5.19% 9.44% -0.28% 10.91% 6.04% 15.45%
64.28% 46.57% 8.74% 15.65%
15.65%
13.76%
12.17%
13.75% 11.57%
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Overview
Education At Sandhar, we believe that education is the cornerstone of societal advancement. We are committed to SDG Goal 4 in ensuring inclusive and equitable quality education. Our focus is on extending Remedial Education, Pedagogy, augmented infrastructure for children from under served communities, promoting life-long learning & employability.
Environmental Sustainability Sustainability is at the heart of our operations. Sandhar is dedicated to implementing eco-friendly practices across all our activities. We actively engage in conservation initiatives and invest in renewable energy sources to minimize our environmental footprint. Our goal is to create a sustainable future for generations to come.
Community Development We are committed to SDG Goal 11. We enable people to collectively identify, prioritize and plan to solve their problems through participation, transparency, barrier removal, accountability, local power, and enhanced capacity that ultimately leads to reduce poverty, promote gender equality, and empower communities to develop sustainably.
Healthcare Sandhar supports medical camps, health screenings, and outreach programs that provide primary and preventive healthcare services to underserved communities. We are committed to SDG 3 in ensuring health & well-being for all and SDG 6 in ensuring availability & sustainable management of water and sanitation.
Skilling With only 2.3 % of the workforce in India having undergone formal skill training, Sandhar curates Structured Intervention to Create employable skills, Uplift Unorganized Workforce to facilitate equitable economic progress.
Discretionary Certain allocation each year is earmarked to revolving priorities under Schedule VII of CSR Act as per the discretion of the CSR Board
CORPORATE SOCIAL RESPONSIBILITY
Elements
Health Care
Education
Skilling & Vocational Training Senior Care
Environment- Go Green
Program
Implementing Agency
Sandhar Healthcare Centre -Village Begumpur Khatola, Gurugram
Sandhar Foundation
Sandhar ke Beti Sandhar Centre of Learning - Devli Sangam Vihar
Spring Dales ducation Society Khushi NGO
Swabhimaan
Adopt a Gran
Spring Dales Education Society
Spring Dales Education Society
Peenya Industrial Park, Bangalore
Self Implemented
Hunger & Malnutrition
Poshan
Mannat Kitchen
Protection of National Heritage Art & Culture
Art & Culture
Foundation for Indian Contemporary Art
Sandhar’s EV Readiness and Product Profile
EV Readiness
Design & Manufacture of Motor Controller, Battery Charger and DC-DC Converter for Electric Vehicle OEMs across India.
◆ Customers
Date of Incorporation Project Started First Commercial Sale done
: Jan’ 2022 : April’ 2023 : July’ 2024
Technology Partners Dynolt Technologies Amberroot Systems
: Battery Charger : Motor Controller
Part Name
Battery Charger 750w)
Pilot Lot MCU (2kW)
Pilot Lot MCU (250w)
Pilot Lot MCU (6kW)
Pilot Lot DC-DC (15Amp)
SOP
9th Aug’24 20th Dec’24 25th Feb’25
Sep’25
Sep’25
◆ Parts Developed
MCU – Motor Controller
DC-DC Converter
◆ Future Products
3 in 1 Motor Controller (MCU+ OBC + PDU)
Battery Charger with DC-DC Convertor + PDU
Isolated DC-DC Convertor (15Amp)
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15
THANK YOU
Sandhar Technologies Limited Corporate Office: Plot No. 13, Sector 44, Gurugram-122001, Haryana- India CIN: L74999DL1987PLC029553 Website: www.sandhargroup.com Email: investors@sandhar.in (For Retail Investors) Investor.relations@sandhar.in (For Institutional investors)
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