Sona Blw Precision Forgings Limited has informed the Exchange about Investor Presentation
Date: - 20th July, 2025
BSE Ltd. Regd. Office: Floor - 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001. BSE Scrip Code: 543300
National Stock Exchange of India Ltd. Listing Deptt., Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 NSE Scrip: SONACOMS
Subject: - Investor Presentation.
Dear Sir / Madam,
In compliance with Regulation 30 read with Para 15(a) of Part A of Schedule III and other applicable provisions (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosed herewith the Investor Presentation on the signing of term sheet for formation of Joint Venture (“JV”) in China.
SEBI
the
of
Kindly take the same on record.
Thanking you, For Sona BLW Precision Forgings Limited
Ajay Pratap Singh Senior Vice President - Group General Counsel, Company Secretary and Compliance Officer
Enclosed: As above
Entry Into China EV Market
20 July 2025
Disclaimer
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sona BLW Precision Forgings Ltd. (the “Company”), have been prepared 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 contains certain forward-looking statements concerning the Company’s future business prospects and business profitability. Such forward- looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that are difficult to predict. These risks and uncertainties include, but are not limited to, the Company’s ability to manage growth, the fluctuations in earnings, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, the Company’s ability to manage its international operations, Government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect in future or update any forward-looking statements made from time to time by or on behalf of the Company.
© Sona BLW Precision Forgings Limited (Sona Comstar). Reproduction and distribution of this Presentation without the permission of Sona Comstar is prohibited.
2
Compelling Strategic Rationale for Transaction
Aligns with our new strategy of increasing focus on the eastern world markets
China EV market is the largest and fastest growing EV market in the world
With a strong establishment in China, JNT is a compelling JV partner for us to enter Chinese market
Combining both our strengths and confirmed orders from customers, we aim to be one of the key suppliers of Driveline systems in China
Sona Comstar to hold controlling stake in the JV, while JNT takes over operational responsibilities
Note: JNT means Jinnaite Machinery Co. Ltd.
3
Aligns with our new strategy of increasing focus on the eastern world markets
We have grown 10x in the last 10 years by focusing on three key strategic decisions
Current Strategy
3,450 ₹mn FY15 Revenue
Now we are adding new strategic decisions to lead the future growth
New Strategy
New Product Verticals
4,350
50
Electric
150
New Product Verticals
3,200
8,850
West
Auto
4,000
7,850
West
3,650
Electric
New Product Verticals
32,100 ₹mn
Mobility
West + East
Electric + Intelligent & Connected
Note: Revenue numbers are rounded off to the nearest multiple of ₹50 million for better readability
4
35,550 ₹mn FY25 Revenue
China EV market is the largest and fastest growing EV market in the world
China EV Sales (in million units)1
China EV market is a Global Juggernaut
82.0%
11.3 Mn EV Sales in 2024
66% 2024 share in Global EV Market
11% Expected CAGR till 2030
48.0%
21.2
Increasing influence of Chinese OEMs Globally
38.0%
29.0%
15.0%
1.0% 1.5% 2.4% 4.7% 5.0% 5.7%
11.3
Global EV Sales
Chinese Brands dominated 76% of Global EV sales in 20242
Exports
Chinese car exports rose from ~1 Mn in 2020 to over 6 Mn in 20243
8.1
5.9
3.3
Overseas Investments
Investments acquisitions bolster global presence
in overseas
factories and
0.2
0.3
0.6
1.1
1.1
1.1
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2030E
BEV
PHEV
EV sales share (%)
Tapping New Markets
Over 70% of EV sales in Southeast Asia and Latin America are from Chinese OEMs4
Strategic Advantages
Growth by competitive pricing, advanced technology, and increased investment
Sources: 1. IEA Global EV Outlook 2025 - STEPS scenario, 2. Feb 2025 Report by RHO Motion, 3. China Association of Automobile Manufacturers; Chinadaily, 4. Reuters news article
5
With a strong establishment in China, JNT is a compelling JV partner for us to enter Chinese market
High-end complex casting and molding production base and a world-class foundry with patented technology
Strong technology orientation
Strong IP ownership (63 patents, 36 proprietary technologies), and active involvement in Chinese national standard formation (5 national standards formulated), Several collaboration with universities and research institutes
Strong customer base across various mobility segments such as Automotive, Off- highway vehicles, and Railway
Global customer base
Apart from Chinese OEMs, it also supplies to Global OEMs from North America, Europe, and Japan
Recognized as National-level specialized and innovative “Little Giant“ in 2021
National level recognitions
Winner of China High Quality Casting Gold Award, Recognized as a Green Foundry Enterprise by National Green Factory Program
6
With both our strengths and confirmed orders, we aim to be one of the key suppliers of Driveline systems in China
Sona Comstar’s strengths
JNT’s strengths
Design, development and testing
Precision Forging
Precision Machining
+
Casting and Moulding
End customer connect
Local Sourcing and Supply Chain Management
Strong hold in differential assembly
Local Compliance Management
market outside China
JV to generate revenue from H2FY26 from the existing customer base of JNT
7
Sona Comstar to hold controlling stake in the JV with majority on the board, while JNT takes over operational responsibilities
60%
40%
Sona Comstar + JNT Joint Venture
Sona Comstar will invest $12 mn and
JNT will invest $8 mn in the JV
Majority
representation of
Sona
Comstar on a 5 members’ board of
the JV
Operations of the JV entity will be led
by
JNT
through
Managing
Director/General Manager
8
Thank You