Autoline Industries Limited

120,000 MT

l components manufacturer, serving major OEMs like Autoline has an installed capacity to process 120,000 MT of steel per annum.  Tata Motors CV  Tata Motors PV & EV  Mahindra CV  Mahindra PV & EV  Ash

Rs. 1.10 million

ns  HD Hyundai  Sany  Altigreen and more. From a humble beginning in FY-96 with a revenue of Rs. 1.10 million today stands tall with a revenue of Rs. 6600 million in FY-23 and aspiring to grow to greater h

Rs. 6600 million

umble beginning in FY-96 with a revenue of Rs. 1.10 million today stands tall with a revenue of Rs. 6600 million in FY-23 and aspiring to grow to greater heights. Autoline, a medium-sized auto engineering firm

100%

ilities at: • Pantnagar (Uttarakhand) • Bhosari, Mhalunge (Pune) • Dharwad (Karnataka) • Acquired 100% stake in Dimensions Engineering Services & Nirmiti Auto Components IPO launch on BSE and NSE pla

rs,

3 In the post-pandemic era, Autoline seized opportunities in automotive and non- automotive sectors, resulting in a remarkable turnover surge of over 200%, reaching Rs. 646 Crs in FY23 from Rs. 284 Cr

200%

unities in automotive and non- automotive sectors, resulting in a remarkable turnover surge of over 200%, reaching Rs. 646 Crs in FY23 from Rs. 284 Crs in FY21. The company has shown significant profita

Rs. 646

otive and non- automotive sectors, resulting in a remarkable turnover surge of over 200%, reaching Rs. 646 Crs in FY23 from Rs. 284 Crs in FY21. The company has shown significant profitability enhancement o

Rs. 284

sectors, resulting in a remarkable turnover surge of over 200%, reaching Rs. 646 Crs in FY23 from Rs. 284 Crs in FY21. The company has shown significant profitability enhancement over the past four years,

73%

Depreciation PBIT PBIT Margin Finance Cost Exceptional items PAT PAT Margin 151.40 110.83 73% 40.57 27% 10.74 7% 4.07 6.67 4% 4.93 0.00 2.60 2% 152.82 104.51 68% 48.31 32% 12.2

27%

PBIT PBIT Margin Finance Cost Exceptional items PAT PAT Margin 151.40 110.83 73% 40.57 27% 10.74 7% 4.07 6.67 4% 4.93 0.00 2.60 2% 152.82 104.51 68% 48.31 32% 12.25 8% 3.34

7%

Margin Finance Cost Exceptional items PAT PAT Margin 151.40 110.83 73% 40.57 27% 10.74 7% 4.07 6.67 4% 4.93 0.00 2.60 2% 152.82 104.51 68% 48.31 32% 12.25 8% 3.34 8.91 6%

4%

Cost Exceptional items PAT PAT Margin 151.40 110.83 73% 40.57 27% 10.74 7% 4.07 6.67 4% 4.93 0.00 2.60 2% 152.82 104.51 68% 48.31 32% 12.25 8% 3.34 8.91 6% 4.76 0.00 4.83

“However, challenges such as high charging limited upfront infrastructure need addressing costs, rising costs fuel and BS-VI Emission Standards: A strong business case exists for replacing old vehicles with those conforming to BS-VI emission standards and designed for revised axle loads Continued GDP Growth: The overall GDP growth forecast of over 7% plays a crucial role.”

“Target installation and operational by September-24.”

“Additionally, another INR 65 Cr will be injected by November 2024 through a combination of equity and debt.”

Optimization

2

Production Plant

1

Strategic divestment

1

Economic Growth

1

Connectivity

1

Improved Efficiency

1

Enhanced Quality

1

Innovation

1

Workforce Changes

1

Experience

1

Production Plant

company's commitment The to excellence drives market expansion and its diversification. offerings, taps into new sectors, receiving orders for solar trackers, base structures, and aluminium extrusions from non-auto clients like railways. broadening By it and improvement cost Productivity reduction being critical aspects for any organization, Autoline has Build strategies and worked on it resulting in company’s net operational profit having surged by Rs. 9.9 crore year-over-year, reflecting substantial growth in profitability. operations, The company is primed to capitalize on new growth opportunities with its the expanded strategic establishment of a new plant in Sanand, Gujarat. Serving OEMs like Tata Motors Ltd. and other clients, it anticipates a positive impact on both revenue and profitability. including Integration of

Strategic divestment

Capital Raise for Growth: The company has automated several lower production material thereby enhancing the bottom line and speeding up turnaround times. lines, processing aiming costs, to Autoline Industrial Parks Limited (AIPL), AIL's subsidiary, has signed SPA with MNSC Realty & Developers Pvt Ltd. To divest its stake in AIPL that has a land parcel. The proceeds (~Rs.98 crores) will reduction and be utilized for debt working capital support. Already, Rs.40 Crs received in this FY. company Compulsorily raised ₹43.18 crores The Convertible through Debentures from new investors and ₹5.64 crores through share warrants from the promoter group. These funds will help to boost capacity to meet rising OEM demands, with expansion targeted for completion by Q3FY25. INDUSTRY OUTLOOK investments and India’s growing

Economic Growth

in economy, robust infrastructure, replacement demand contribute to a positive outlook. The overall industry has already grown by 8% year-to-date in FY2024 Middle-Class Expansion: As India’s middle class expands, consumption is expected to receive a boost. This demographic shift will likely drive demand for vehicles. and

Connectivity

Digitalization Beyond de-carbonization, digitalization and connectivity are reshaping the automotive industry, turning vehicles into 'computers on wheels’. Factors Alternative Fuels and EVs: The industry is witnessing a positive sentiment towards alternative fuels and electric vehicles (EVs). like state and central and subsidies, environmental awareness are driving this trend. However, challenges such as high charging limited upfront infrastructure need addressing costs, rising costs fuel and BS-VI Emission Standards: A strong business case exists for replacing old vehicles with those conforming to BS-VI emission standards and designed for revised axle loads Continued GDP Growth: The overall GDP growth forecast of over 7% plays a crucial role. for infrastructure investments, electrification, and a focus on logistics efficiency are additional drivers. support policy In summary, India’s automotive industry is poised for growth, with a focus on sustainability, technology, and market domin

Experience

Customization and quicker response times to customer needs. FUTURE OUTLOOK Improved margins due to enhanced operational efficiencies and increased operating leverage. High revenue growth, profitability and cash flows will result in improved capital efficiency and a stronger balance sheet. The company holds a unique position in the Indian auto industry and stands to achieve higher revenue growth by expanding its market share with existing customers & adding new customer base. Solar business to drive growth for the company Company looking forward for expansion with advanced machinery for enhancing productivity Company’s management see exciting times ahead for all its business segments. FINANCIAL OUTLOOK Q4FY24 Sales in Q4 FY24 are projected to increase by 35%~ 45% compared to Q4 FY23. Revenue from non-automotive business is projected to increase by 5%~7% in Q4. EBITDA in Q4 is forecasted to increase by 65%~75% compared to Q4FY23. In Q4FY24, operating margins across segments are expected