Suprajit Engineering Limited has informed the Exchange about Investor Presentation
Suprajit Engineering Limited
Registered & Corporate Office: #100, Bommasandra Industrial Area, Bengaluru - 560 099. Tel: +91-80-43421100, Fax: +91-80-27833279 E-mail: info@suprajit.com Web: http://www.suprajit.com Corporate Identity Number (CIN) : L29199KA l 985PLC006934
August 18, 2021
BSE 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, Block-G, Bandra Kurla Complex, Bandra (E) Mumbai-400 051 Ref: SUPRAJIT
Dear Sirs,
Sub: Investor Presentation
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 in our website at www.suprajit.com.
is also available
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
Suprajit Corporate Presentation
August 2021
Overview
1
2
3
Core business, Group and Organization Structure
Customer Profile
Strategy – Suprajit 2.0
4
5
6
Suprajit Technology Centre
Financials.
Milestones, Strengths and Accolades
- A Global Leader in Control Cables and Halogen Bulbs -
2
Core Business
Exhaustive Range of Cables
Full Product Range for Variety of Applications
Across Industries
Park Brake Cables Clutch Cables Starter Cables Door Latch Cables Push-Pull Cables Mirror Cables Tail Gate Cables Gear Shifter 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
Throttle Cables Brake cables Speedometer Tachometer Cables Seat lock Cables Engine stop Cables Idle Cable Assembly HVAC Cables Seeder cables Power take off cables
Passenger Vehicle
Two-Wheeler
- A Global Leader in Control Cables and Halogen Bulbs -
Agriculture, Powersport, Marine, Consumer Goods, etc..
4
Exhaustive Range of Halogen Bulbs
Full Product Range for Global Headlamp Requirements
OEM Leadership Across Industry
Global Aftermarket Focus
Passenger Vehicles Two-Wheelers Commercial Vehicles
India Aftermarket Europe Aftermarket US aftermarket
- A Global Leader in Control Cables and Halogen Bulbs -
5
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
Best in Class Facilities
- A Global Leader in Control Cables and Halogen Bulbs -
6
Suprajit Group Structure
Suprajit Engineering Limited
Suprajit Engineering
Suprajit Engineering Non-Automotive (SENA)
Suprajit Engineering Automotive
Phoenix Lamps Division
Technology Center
Domestic Cable Division 12 plants India
Instruments Division 1 Plant India
Non-Automotive 1 EOU India
Wescon Controls 2 plants (USA & Mexico)
Automotive (SAL India) 1 EOU India
Domestic Lamp Manufacturing 2 DTA Plants India
Export Lamp Manufacturing 1 EOU India
Suprajit USA
Suprajit Europe UK & Slovenia
Trifa Germany
Luxlite Luxembourg
Part of Parent
100% Owned (Directly or Indirectly)
Corporate Social Responsibility (CSR) Suprajit Foundation
7
Leadership Team
K. Ajith Kumar Rai Founder & Chairman
N.S.Mohan Managing Director
James Ryan President Suprajit US
Akhilesh Rai CSO, Director Suprajit Group
Akhilesh Goel COO Phoenix
Frank Klinkert CEO Trifa/Luxlite
Narayan Shankar COO SEL
Peter Greensmith CEO – SEU Director - SAL
Steve Fricker CEO SENA
Shared Functions
Gopal Doraiswamy VP Sales Americas
Praveen Rao Sr VP Marketing PLD, DCD
Ashutosh Rai Head – STC Suprajit Group
Medappa Gowda CFO & CS Suprajit Group
- A Global Leader in Control Cables and Halogen Bulbs -
8
Group Overview
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.
Global Sub-brands:
- A Global Leader in Control Cables and Halogen Bulbs -
9
Customer Profile
Customers | Automotive
* All names, images and logos are copyright of their respective owners.
- A Global Leader in Control Cables and Halogen Bulbs -
11
Customers | Non-Automotive
* All names, images and logos are copyright of their respective owners.
- A Global Leader in Control Cables and Halogen Bulbs -
12
Customers – 2 Wheelers
* All names, images and logos are copyright of their respective owners.
- A Global Leader in Control Cables and Halogen Bulbs -
13
Top 10 Customers
VW Group
BMW
John Deere Group
MTD
Toro
TVS Motor
Hero Moto Corp
Bajaj Auto
Honda
Osram
* All names, images and logos are copyright of their respective owners.
- A Global Leader in Control Cables and Halogen Bulbs -
14
Strategy – Suprajit 2.0
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
2021
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, NDS
Multiple Customers
Single Product
Mechanical Control Cables
Speedometers
Cable based levers & assemblies
Automotive Halogen Lamps Electronics
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 Aquisitions
- A Global Leader in Control Cables and Halogen Bulbs -
16
Strategy – 3 brands
Suprajit Engineering Automotive Cables
Phoenix Lamps Halogen Lamps
Wescon Controls Non-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.
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.
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.
- A Global Leader in Control Cables and Halogen Bulbs -
17
Global Footprint
Manufacturing Plants
▪ Nodia 2 Plants, SEZ & DTA
Phoenix:
India
US
Mexico
18
1
1
▪ Chennai – 1 Plant
Suprajit – India:
▪ Headquarters,
▪ Global Manufacturing Hub
▪ 15 Strategically located plants
- A Global Leader in Control Cables and Halogen Bulbs -
18
Suprajit Technology Center
Suprajit Technology Center
Global Technology Centers:
USA – Supports Agriculture and Power Sports
UK – Supports Automotive
India – Supports All Verticals
Push/Pull/Push-Pull Control Cables
✓ 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)
Halogen Lamps
Analog Speedometer
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
Friction Products
Electronic Throttle Control
Combi-Brake Systems
LED Retrofit High Power
LED Retrofit Eco
Semi-Digital Cluster
Digital Cluster
EV Cluster
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
20
Financials
Capacities
Cable Capacity
Revenue Split
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 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
(In millions)
5 2 1
0 0 1
5 0 1
0 9
0 8
6 6
350
300
250
200
150
100
50
0
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Cables Produced
Cable Capacity
CAPACITY
Cables – 300 million
Bulbs – 110 million
Bulbs, 20%
FY 20-21
Cables, 80%
- A Global Leader in Control Cables and Halogen Bulbs -
22
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
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
% 2 . 3 1
FY09
FY11
FY13
FY15
FY17
FY19
FY21
FY09
FY11
FY13
FY15
FY17
FY19
FY21
6 4 . 0
5 5 . 0
8 3 . 0
5 4 . 0
7 2 . 0
1 2 . 0
9 0 . 0
0.84
0.79
0.73
0.66
0.65
0.47
0.33
Low Long-Term Debt / Equity...
..and low Total Debt Equity Ratio
FY09
FY11
FY13
FY15
FY17
FY19
FY21
2009
2011
2013
2015
2017
2019
2021
- A Global Leader in Control Cables and Halogen Bulbs -
23
Segmental and Geographic Synergies
i
e s 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%
26%
4%
6%
FY 2009-10
64%
21%
17%
27%
FY 2020-21
35%
Automotive
2-wheeler
Aftermarket
Non-automotive
1%
FY 2001-02
99%
81%
FY 2009-10
19%
FY 2020-21
60%
40%
Global
Domestic
- A Global Leader in Control Cables and Halogen Bulbs -
24
Milestones, Strengths and Accolades
Key Milestones in Our Journey
•
•
•
•
•
•
1985
1996-2005
2011-21
1985-95
2006-10
•
• • •
• •
•
•
•
•
•
•
•
•
- A Global Leader in Control Cables and Halogen Bulbs -
26
Suprajit Strengths
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
- A Global Leader in Control Cables and Halogen Bulbs -
27
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
- A Global Leader in Control Cables and Halogen Bulbs -
28
300 Million Cables 110 Million Halogen Bulbs
One Goal
Customer Satisfaction
Thank You
www.suprajit.com