LUMAXTECH

Lumax” LATL:CS:IP:2019-20 Date: 13.02.2020 BSE Limited The National Stock Exchange of India Limited Listing Compliance Department Listing Compliance Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Mumbai - 400 001 Bandra Kurla Complex, Bandra (E), Mumbai - 400051 Company Code : 532796 Company Code: LUMAXTECH Subject: Investor Presentation for the 3% Quarter ended 31° December, 2019 Dear Sir/Ma’am, Please find enclosed herewith the Investor Presentation of the Company for the 3% Quarter ended 31* December, 2019. The above information is also being made available on the website of the Company at www.lumaxworld.in/lumaxautotech. You are requested to take the same on records and oblige. Thanking you, Yours faithfully, For LUMAX AUrT O TECHNOLOGIES LIMITED 4 f ANIL TYAGI COMPANY SECRETARY M.NO. A-16825 Encl.: as above 3 9 7 9 4 Lumax Auto Technologies Limited 3 C P L Plot No. -878, Udyog Vihar T +91 124 4760000 8 1 9 Phase-V, Gurugram - 122016 E shares@lumaxmail.com 1 L D 0 9 Haryana, India +. 3 9 L 3 1 www.lumaxworld.in DK JAIN CIN: Lumax Auto Technologies Limited - REGD. OFFICE : 2” Floor, Harbans Bhawan-ll, Commercial Complex, Nangal Raya, GEOVE New Delhi - 110046, T - +91 11 4985 7832, E - cao@lumaxmail.com Lumax Auto Technologies Limited Investor Presentation – February 2020 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Lumax Auto Technologies Limited (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 connectionwith anycontract or binding commitment whatsoever.No offering of securities ofthe 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 and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the 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. 2 DK Jain Group Leader in Automotive Lighting & Seven Decade Strong Gear Shifters 14 Entities in 8 States 29 Manufacturing Facilities 4 R&D Centres (India) Over 9,000 Employees & 1 Design Centre (Taiwan) 3 Two Listed Entities Lumax Auto Technologies Limited Group Revenue Break Up (%) FY19 Revenue of Rs. 3,370 Cr Products & Services Intake Systems, Integrated Plastic modules, 2-wheeler Chassis & Lighting, Gear Shifters, Shift Tower, Seat Structures, LED Lighting, Aftermarket, Telematics Products and Services, Oxygen Sensors, Antennas & other vehicle communication products 5% Partnerships 55% • Ituran – Israel • Cornaglia SPA- Italy • FAE – Spain • Mannoh – Japan • JOPP -Germany • Gill -Austem – USA, Korea* • Yokowo - Japan • Alpine – Japan *Underprocessofseparation 40% Lumax Industries Limited Products & Services Lumax Industries Limited End-to-end Automotive Lighting Solutions Lumax Auto Technologies Limited Other Entities Partnerships • Stanley – Japan • SL Corporation - Korea 4 Diversified Product Range – 4-wheelers & CV 6 Fostering Partnerships to Deliver Excellence Japan Korea Italy JV FOR LIGHTING JV FOR LIGHTING AND OTHER JV FOR EMISSION SYSTEMS AUTOMOTIVE PARTS Relationship Since 1984 Relationship Since 1997 Relationship Since 2007 78.72% in SL Lumax 37.5% in Lumax 50% in Lumax Cornaglia Auto Limited Industries Limited Technologies Pvt Limited Japan JV FOR SEAT FRAMES, JV FOR GEAR SHIFTERS STRUCTURES AND MECHANISMS Relationship Since 2008 Relationship Since 2013* 45% in Lumax Mannoh Allied 50% in Lumax Gill-Austem Technologies Limited Auto Technologies Pvt. Ltd. *Underprocessofseparation 8 Fostering Partnerships to Deliver Excellence JAPAN ISRAEL SPAIN EXCLUSIVE DISTRIBUTORSHIP JV FOR SALE OF TELEMATICS JV FOR OXYGEN SENSORS AGREEMENT PRODUCTS AND SERVICES Relationship Since 2017 Relationship Since 2017 Relationship Since 2014 50% in Lumax Ituran Telematics Pvt.Ltd. 49% in Lumax FAE Technologies Pvt.Ltd. GERMANY JAPAN JV FOR MANUFACTURE AND JV FOR MANUFACTURE AND SUPPLY SUPPLY TRANSMISSION PRODUCTS ANTENNAS & OTHER VEHICLE COMMUNICATION PRODUCTS Relationship Since 2019 Relationship Since 2020 50% in Lumax JoppAllied Technologies Ltd 9 29 Locations close to Customers State MfgLocations # Haryana Bawal 1 Dharuhera 1 Gurugram 2 Manesar 3 Maharashtra Pune 9 Waluj 3 Karnataka Bengaluru 2 Gujarat Sanand 1 Facilities Location Mehsana 1 Gurugram, Manesar, R&D Centre Tamil Nadu Sriperumbudur 1 Pune Design Centre Taiwan Uttarakhand Haridwar 1 Corporate HQ Gurugram Pantnagar 3 After Market Himachal Gurugram Kale Amb 1 Division Pradesh 29 Plants in 7 States Total 29 Lumax Industries Limited & Lumax Auto Technologies Limited, along with its subsidiaries, JVs & Associates Map not to scale. All data, information and maps are provided “as is” without warranty or any 10 representation of accuracy, timeliness or completeness Enhanced 360°Customer View Understand the Customer  A real understanding of varying customer needs & the capability to deliver outstanding results Experienced Team Environmental Conscious  Environment-conscious work  Highly Qualified & Experienced practices workforce of dedicated professionals Technology Leadership Research & Development  Partnerships with global players provides competitive edge  Government approved 3 R&D facilities & 1 Overseas Design  Avant-grade technology at par with the Centre in Taiwan best players worldwide Global Footprints Faster Turnaround  Global footprint through  Lightning-fast turnaround time & exports impressive speed to market 11 Relationships with Diversified Customers Two Wheeler Four Wheeler Commercial Vehicle Tier 1 12 The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only Relationships with Diversified Customers Tractor/FES Export Defence & Aero Space … Strong After Market Exports Presence 13 The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only Lumax Auto Technologies Limited Driving Growth through Diversified Products Competitive Strengths Award Lumax Brand Awarded with Prestigious JIPM Award Renowned LUMAX Brand Auditors Customer Outreach Statutory Auditors -S. R. Strong OEM presence Batliboi & Co. LLP. & Over 300 Channel Partners Internal Audit by Deloitte Products & Services Intake Systems, Integrated Plastic R&D Centre modules, 2-wheeler Chassis & Lighting, Govt certified R&D center Gear Shifters, Gear Shift Towers, Seat Structures, LED Lighting, Aftermarket, Oxygen sensors, Telematics Products, Antennas & other vehicle communication products Manufacturing Capabilities Partnerships Manufacturing Plants with Quality 8 Successful Partnerships Certifications across India with Global Players 15 Milestones 2007-10 1997: A Unit was setup in Waluj, Maharashtra to manufacture Chassis 2000: The company was 1981: LumaxAuto Electricals selected as cluster member 2007: Setup Seat frame was established to manufacture for TPM activities by Bajaj 2001-2006 manufacturing plant in PCNTDA, 2-wheeler Lighting at Bhosari, Auto Bhosari, Maharashtra. Maharashtra JV company with Cornaglia, 1988: Name of the company Italy started as Lumax Cornaglia was changed to Dhanesh Auto Auto Technologies Pvt Limited. Electricals PvtLimited 2002: Setup the Plant at 1991-2000 Lumax Auto Technologies Chakan, Maharashtra to Limited listed on Stock manufacture 2-wheeler exchange Lighting 2009: Entered a TA with 2006: Lumax DK Auto Mannoh Industrial Company, Industries Limited became a Japan for manufacturing of 100% subsidiary. Name of the 1981-90 Gear Shift Lever company was changed to Lumax Auto Technologies 2010: Setup a unit at Kala-Amb, Limited HP to manufacture diversified auto components for After Market 16 Milestones 2013: Setup a plant at Narsapur, Karnataka to manufacture Moulded parts Formed JV with Gill Austem LLC, USA to manufacture Seat frames & Mechanism 2014: JV company with Mannoh Industrial Company, Japan 2011: Setup state-of-the art started as Lumax Mannoh Allied Surface Mounted Technology 2015-16 Technologies Limited unitinManesar,Haryana 2012: Setup the first Robotic Motorcycle Chassis plant in 2015: Setup another Robotic Waluj, Maharashtra. Pantnagar Motorcycle Chassis plant in plant received TPM excellence Waluj, Maharashtra 2013-14 award from JIPM Formed JV with Sipal, Italy for Aerospace & Defence Engineering services 2011-12 2016: Pantnagar plant received TPM consistency award from JIPM 17 Milestones 2017: Chakan plant received TPM excellence award from JIPM 2020 Formed a JV with IturanLocation 2018: Setup an R&D center and Control Limited, Israel to under Lumax CornagliaAuto provide Telematics Products and Technologies Pvt Limited at Services Pune 2020: Bengaluru plant has Formed a JV with FAE, Spain to been awarded JIPM-TPM manufacture Oxygen Sensors Excellence award 2019 Set up Assembly facility in JV with Yokowo, Japan to Mehsana, Gujarat under LMAT manufacture and supply Antennas and other vehicle 2019: Inauguration of Chassis communication products 2018 facility at Aurangabad MOU with Ananda, China JV with JOPP, Germany to for manufacturing and sale 2017 manufacture and supply of various powertrain transmission products to the products for EV Indian automotive industry Subsidiary entity Lumax DK Auto Industries Limited merged with the Standalone entity 18 Well defined Corporate Structure Lumax Auto Technologies Limited 50% 50% 55% 100% 100% Lumax Cornaglia Lumax Gill-Austem Lumax Mannoh Lumax Management Lumax Integrated Auto Technologies Auto Technologies Allied Technologies Services Pvt Limited Ventures Limited Pvt Limited Pvt Limited Limited June 2007 Nov 2013 July 2013 Jan 2015 May 1991 Management Air Intake Systems Seat Structures Gear Shifters Holding Company Support 45% SIPAL Engineering Pvt. 50% 51% 50% Limited Feb 2015 Lumax JOPP Allied Lumax FAE Lumax Ituran Technologies Pvt Technologies Pvt Telematics Pvt Aerospace & Defence Space Engineering Limited Limited Limited 100% April 2019 July 2017 August 2017 Lumax Energy Solutions Pvt. Limited Transmission Telematics Products Oct 2003 Oxygen Sensors Products and Services Non-Auto LED Lighting Date of Incorporation Subsidiaries Associate Fostering Partnerships to Deliver Excellence USA Italy Japan Japan Korea JV for Seat Frames, Exclusive Distributorship JV for Emission Systems JV for Gear Shifters Structures and Mechanism Agreement Relationship Since 2007 Relationship Since 2008 Relationship since 2013* Relationship since 2014 50% in Lumax Cornaglia Auto 45% in Lumax Mannoh Allied 50% in Lumax Gill-AustemAuto Technologies Pvt Limited Technologies Limited Technologies Pvt Limited *Underprocessofseparation Spain Israel Germany Japan JV for Oxygen Sensors JV for Telematics Products JV for Gear Shift Towers, JV for Antennas & other Vehicle and Services AMT Kits & AGS Communication Products 2017 2017 2019 2020 49% in Lumax FAE 50% in Lumax Ituran 50% in LumaxJOPP Allied Technologies Pvt Limited Telematics Pvt Limited Technologies 20 Cater to Diversified Segments  Lighting Module(incl.  Gear Shift Lever  Integrated Plastic HT/TL/Indicators & Put Text Here MYooduurle sText Here  Gear Shift Tower Others)  Gear Shift Lever  Chassis for 2-wheelers  Intake Systems  Seat Structures  Fabricated parts for 3-  Seat Structures wheelers  Telematics Products  Integrated Plastic and Services  Integrated Plastic Modules Modules  Telematics Products  Oxygen Sensors and Services  Telematics Products and Services After Market Presence in all Segments 21 Key Customer Relationships Four Wheeler Commercial Vehicle Two Wheeler Export Tier 1 22 The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only Strategic Locations Close to Customers Pantnagar (UK) Manesar (HR) No of Plants: 1 No of Plants: 2 Lighting Integrated Plastic Modules Products Painted Parts Products Gear Shifters Domestic Trading Gurugram (HR) Domestic and Exports Trading -After Markets Chakan & Bhosari ( (MH) Mehsana (GJ) No of Plants:6 No of Plants: 1 Lighting, AdjMotors Products Air Intake System Products Gear Shifters CAC Ducts, Fabrication Waluj & Aurangabad (MH) No of Plants:3 Bengaluru (KN) R&D Centre in Manesar Chassis & Fabricated No of Plants:1 Products parts Integrated Plastic Products Modules 14 Plants in 5 States Map not to scale. All data, information and maps are provided “as is” without warranty or any 23 representation of accuracy, timeliness or completeness Share Holding as of 31st December, 2019 Shareholding breakup Others 20.89% Institutions Promoters 23.23% 55.88% 24 Experienced Promoters Mr. Dhanesh Kumar Jain Mr. Anmol Jain Mr. Deepak Jain Chairman Managing Director Director  He is 44 years of age & is a Business  He is 76 years of age & holds a MBA  Heis40yearsofage&holdsBachelors Graduate from Illinois Institute of degree from Delhi university & has inBusinessAdministrationinFinance& Technology, USA with specializationin successfully completed President Supply Chain Management (Double Operations Management & Management Program from Harvard major) from Michigan State University, InternationalBusiness BusinessSchool U.S.A.  He has undergone extensive training  Over 50 years of experience in the  He worked as a Management Trainee atStanleyCo.Limited,U.S.A.&Stanley automotive industry in management, with GHSP, U.S.A. & subsequently, ElectricCo.Limited,Japan.Hehasover operations&administrativeroles joined Lumax Group, in 2000 & has 21yearsexperience over17yearsofexperience  Hehasheldvariousindustrypositions  He was chairman of ACMA’s HR/IR &  He has held various positions in Past president of ACMA, president Skill Development Committee, past Industry associations. He was the suppliers association – Toyota chairman of Sustainable Technology National Coordinator of ACMA- YBLF KirloskarMotors,ChairmanofTrade Development Committee of ACMA, from 2014-16. He was also the Fairs Committee ACMA, Co- past National Coordinator of Young Chairman CII Haryana State Council in chairman ofRegional Committee on Business Leader Forum of ACMA and 2012-13 MembershipofNorthernRegionCII, past president of Supplier’s club, Past Chairman of CSR sub-  He is currently the President of Honda HondaCarsIndiaLimited committee of the Northern Region Cars India Supplier’s Club & MC  He is member of Young President’s ofCII member of Bajaj Auto Vendor organization and Entrepreneurs Association organization. He also holds the position of President of ACMA & Vice President of Toyota Kirloskar Supplier’sAssociation 25 Supported by Strong Independent Directors Mr. RoopSalotra Mr. MilapJain Ms. DiviyaChanana Mr. Arun Malhotra Mr. K KGandhi Mr. A P Gandhi  He is 68 years of age &  He is 67 years of  She is 45 years of  He is 60 years of age  He is 73 years of age •He is 80 years old & is a is a Mechanical age & holds B.A. age and she is a & holds B.E & holds B.E mechanical engineer Engineer, followed by (Pol.Sc. Hons.) Graduate & holds Mechanical & MBA Mechanical from BITs •He has held top various Management from Revenshaw Diploma in Travel from IIM, Kolkata  He is associated with leadership positions in Development programs College, Cuttack and Tourism. She  He is an Indian SIAM for the last 18 prestigious  He retired from SRF  He is a retired has over 15 years automotive sector years and is currently organisations having Group, after spending Indian Revenue of rich experience veteran, his last Principal Advisor over 40 years of 24 years, as CEO & Service Officer in the said field assignment was as the  He is a Member of experience President, is now an with 38 years of  She is Executive Managing Director of various Government •His last assignment was advisor to the service. He retired Director of Damus Nissan India and Policy Committees as President at Hyundai Managing Director of as Chief Travels Private thereafter as Senior including Expert Motors India Limited. SRF Limited. He has Commissioner of Limited. The Corporate Advisor at Committee on Auto Prior to that he was been actively involved Delhi, Income Tax Company is Nissan India Fuel Vision and Policy Chief Executive –R&D at in CII –Climate Change Department, Govt. engaged in  He has over 30 years 2025, Air Quality Escorts Limited & at & Environment of India. Currently supporting and of experience with Monitoring, Emission Telco before that, councils. He is former he is a Director of auxiliary transport organization like inventory and holding various senior Chairman of Indian Mahavir activities; activities Escorts, Bajaj Auto preparing policy positions in the area of Chemical Council- International, a of travel agencies Ltd, and Maruti Suzuki documents for issues manufacturing Northern Region NGO India Ltd confronting the operations Indian Automobile Industry 26 Professional & Experienced Team Mr. Naval Khanna Mr. Sanjay Mehta Mr. Vikas Marwah Mr. Atul Jain Corporate Head –Taxation Director & Group CFO Chief Strategy Officer Corporate Head -Materials Age: 62 years Age: 52 years Age: 51 years Age: 49 years Experience: 42 years Experience: 28 Years Experience: 28 Years Experience: 26 Years Ms. Priyanka Sharma Ms. IbhaLal Mr. Sanjay Sachdev Corporate Corporate Head -HR Corporate Head -Legal Communication & CSR Age: 52 years Age: 53 Years Age: 50 years Experience: 26 Years Experience: 27 Years Experience: 24 Years 27 Professional & Experienced Team Mr. Rajesh Dubbewar Mr. VivekJakhmola Mr. Sanjay Bhagat Head Metallic Head Body & Trim and Emission Head After Market Age: 52 years Age: 44 years Age: 53 years Experience: 31 years Experience: 22 years Experience: 28 years Mr. Ashish Dubey Mr Anil Tyagi Chief Financial Officer Company Secretary Age: 52 years Age: 48 years Experience: 28 Years Experience: 21 years 28 Clear focus on Improving Performance 1 Achieve Leadership in India & Set Sight on the Global Market The Only Gear Shifter Manufacturer in India to have Localised R&D Capability and 2 Gearing to Access the Global Markets Air Intake Systems – Increase Presence in Domestic Market & Enhance Customer 3 Outreach Seat Frames & 2-Wheeler Chassis – Increase Presence in Domestic Market & 4 Enhance Customer Outreach 5 Diversification – All Diversifications Planned in Future to be under LATL 6 Ramping-up “After Market Business” to see Accelerated Growth 7 Benefits from BS VI 29 Product-wise Revenue Q3 FY20* Product-wise Revenue mix Q3 FY19 Product-wise Revenue mix Q3 FY20 (Rs. 292 Crores) (Rs. 287 Crores) Other Misc Other Misc Intake Intake Lighting Lighting 6% 6% Systems Systems 13% 14% 4% 4% Chasis Chasis 18% 17% Integrated Plastic Gear Gear Integrated Modules Shifters Shifters Plastic 30% 11% 10% Modules 29% After After Market Market 19% 20% *Performance highlights excludes Discontinued Operations of PCB business 31 Product-wise Revenue 9M FY20* Product-wise Revenue mix 9M FY19 Product-wise Revenue mix 9M FY20 (Rs. 886 Crores) (Rs. 868 Crores) Other Misc Other Misc Intake Lighting Intake Lighting 7% 8% Systems 12% Systems 13% 4% 4% Chasis Chasis 14% 17% Integrated Integrated Gear Plastic Gear Plastic Shifters Modules Shifters Modules 12% 33% 11% 30% After After Market Market 17% 18% *Performance highlights excludes Discontinued Operations of PCB business 32 Segmental Revenue Break-Up Q3 FY20: Sales Channel* Sales Channel Q3 FY19 Sales Channel Q3 FY20 (Rs. 292 Crores) (Rs. 287 Crores) 19% 20% 81% 80% OEM After Market OEM After Market *Performance highlights excludes Discontinued Operations of PCB business 33 Segmental Revenue Break-Up 9M FY20: Sales Channel* Sales Channel 9M FY19 Sales Channel 9M FY20 (Rs. 886 Crores) (Rs. 868 Crores) 17% 18% 83% 82% OEM After Market OEM After Market *Performance highlights excludes Discontinued Operations of PCB business 34 Segmental Revenue Break-Up Q3 FY20: Category* Category Q3 FY19 Category Q3 FY20 (Rs. 292 Crores) (Rs. 287 Crores) 6% 6% 7% 6% 19% 52% 47% 20% 16% 20% 2/3 Wheeler Passenger Car After Market CV Others 2/3 Wheeler Passenger Car After Market CV Others *Performance highlights excludes Discontinued Operations of PCB business 35 Segmental Revenue Break-Up 9M FY20: Category* Category 9M FY19 Category 9M FY20 (Rs. 886 Crores) (Rs. 868 Crores) 6% 5% 7% 7% 18% 17% 50% 51% 20% 20% 2/3 Wheeler Passenger Car After Market CV Others 2/3 Wheeler Passenger Car After Market CV Others *Performance highlights excludes Discontinued Operations of PCB business 36 Client wise- Revenue Q3 FY20* Client-wise Revenue mix Q3 FY19 Client-wise Revenue mix Q3 FY20 (Rs. 292) (Rs. 287 Crores) Toyota Toyota Others Others 1% 2% LEAR 13% LEAR 13% Bajaj Auto 2% Bajaj Auto 1% 37% 41% MSIL MSIL 8% 5% HMSI 10% HMSI 11% LIL LIL Aftermarket 9% Aftermarket 6% 20% 19% *Performance highlights excludes Discontinued Operations of PCB business 37 Client wise- Revenue 9M FY20* Client-wise Revenue mix 9M FY19 Client-wise Revenue mix 9M FY20 (Rs. 886 Crores) (Rs. 868 Crores) Toyota Others Others Toyota 2% 13% LEAR 11% 2% LEAR Bajaj Auto 2% Bajaj Auto 3% 38% 38% MSIL MSIL 7% 6% HMSI 12% HMSI 13% LIL Aftermarket LIL 8% 18% 10% Aftermarket 17% *Performance highlights excludes Discontinued Operations of PCB business 38 Strong historical financial performance Revenue EBITDA^ 1,187 123.9 1,111 116.2 965 905 837 868 86.1 87.8 75.2 70.9 FY15 FY16 FY17* FY18* FY19* 9MFY20* FY15 FY16 FY17* FY18* FY19* 9MFY20* PAT After MI Cash PAT 53.2 80.3 48.7 74.0 69.9 43.7 58.1 34.5 52.6 31.8 48.4 29.0 FY15 FY16 FY17* FY18* FY19* 9MFY20* FY15 FY16 FY17* FY18* FY19* 9MFY20* Consolidated Results Rs. Crores ^EBITDA includes share of profits from Jv’s & other income * Financials as per IND AS 39 Expansion funded through Internal Accruals Gross Block Long Term Loan 481 487 40.2 424 375 332 28.1 306 21.3 15.0 11.0 11.5 FY15 FY16 FY17* FY18* FY19* 9MFY20* FY15 FY16 FY17* FY18* FY19* 9MFY20* Capex Long Term Debt / Equity 79 0.16 52 0.10 36 31 0.05 0.04 16 0.03 0.03 13 FY15 FY16 FY17* FY18* FY19* 9MFY20* FY15 FY16 FY17* FY18* FY19* 9MFY20* Consolidated Results Rs. Crores * Financials as per IND AS 40 Return Ratios ROE (%) ROCE (%) 16.2 28.0 13.5 24.0 12.2 11.2 11.2 10.7 18.0 18.3 18.5 16.5 FY15 FY16 FY17* FY18* FY19* 9MFY20*# FY15 FY16 FY17* FY18* FY19* 9MFY20*# Dividend (% of Face Value) EPS^ (in Rs.) 150.0 7.8 7.2 6.4 100.0 5.1 4.7 4.2 70.0 47.0 47.0 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17* FY18* FY19* 9MFY20* ROCE = EBIT / Capital Employed Consolidated Results # TTM Basis Capital Employed = Networth+ Long Term Debt including Current Maturity ^ EPS on FV of Rs. 2 per share * Financials as per IND AS Networth= Shareholder’s Equity –OCI Reserve41 Consolidated Quarterly Performance Highlights*# Revenue EBIDTA^ PAT after MI 10.9% 10.2% 5.2% 4.0% 292 32 15 287 29 12 Q3FY19 Q3FY20 Q3FY19 Q3FY20 Q3FY19 Q3FY20 # Performance highlights excludes Discontinued Operations of PCB business Rs. Crores ^EBITDA includes share of profits from Jv’s & Other Income * Financials as per IND AS 42 Consolidated 9MFY20 Performance Highlights*# Revenue EBIDTA^ PAT after MI 10.8% 10.1% 4.9% 5.0% 886 95 44 44 868 88 9MFY19 9MFY20 9MFY19 9MFY20 9MFY19 9MFY20 # Performance highlights excludes Discontinued Operations of PCB business Rs. Crores ^EBITDA includes share of profits from Jv’s & Other Income * Financials as per IND AS 43 Consolidated P&L Statement*# Particulars (Rs. in Crores.) Q3 FY20 Q3 FY19 Y-o-Y 9M FY20 9M FY19 Y-o-Y Revenue 287.00 291.85 -1.66% 868.17 886.27 -2.04% Raw Material Consumption 194.49 201.07 588.04 602.19 Employee Expenses 34.74 35.03 102.77 101.95 Other Expenses 33.90 29.69 101.04 98.07 Other Income 5.43 5.96 11.58 11.55 Profit of JV -0.08 -0.07 -0.14 -0.20 EBITDA 29.21 31.95 -8.56% 87.76 95.40 -8.01% EBITDA % 10.2% 10.9% 10.1% 10.8% Depreciation 8.74 6.52 26.23 19.18 Finance Cost 2.56 0.83 7.14 1.80 Profit Before Tax Before Excpetional Items 17.92 24.60 -27.17% 54.40 74.43 -26.91% Exceptional Item Gain/(Loss) 0.00 0.00 0.00 -5.29 Profit Before Tax After Excpetional Items 17.92 24.60 -27.17% 54.40 69.14 -21.32% Tax 4.61 8.41 9.63 23.52 Profit After Tax (Before Minority Interest) 13.31 16.19 -17.81% 44.77 45.62 -1.87% Minority Interest 1.70 1.00 1.06 1.94 Profit After Tax (After Minority Interest) 11.61 15.20 -23.60% 43.71 43.68 0.07% PAT Margin% 4.0% 5.2% 5.0% 4.9% EPS 1.70 2.23 6.41 6.41 44 * Financials as per IndAS ^ EPS on FV of Rs. 2 per share #Performance highlights excludes Discontinued Operations of PCB business Consolidated Balance Sheet* ASSETS (Rs. in Crores.) Sep-19 Mar-19 EQUITY & LIABILITIES Sep-19 Mar-19 Non-current assets Equity Property, plant and equipment 264.37 287.20 Equity Share capital 13.63 13.63 Capital work-in-progress 33.16 22.25 Investment Property 18.45 18.73 Non-Controlling Interest 45.48 42.31 Intangible Assets 45.45 1.36 Other equity 448.53 466.51 Goodwill 0.17 0.17 Sub-total -Shareholders' funds 507.64 522.46 Investment in Jointly controlled Entities 0.75 0.46 LIABILITIES Financial assets Non-current liabilities Investments 70.84 101.28 Loans 5.20 4.87 Financial liabilities Others 0.00 0.05 Borrowings 18.49 8.23 Income tax Assets 2.63 2.74 Provisions 4.20 8.06 Other non-current assets 13.23 11.20 Deferred Tax Assets (net) 1.63 1.69 Other Non-Current Liabilities 23.97 0.00 Assets held for Sale 3.66 3.66 Deferred tax liabilities (net) 13.47 20.68 Sub-total -Non-Current Assets 459.52 455.66 Sub-total -Non-current liabilities 60.12 36.97 Current assets Current liabilities Inventories 57.95 59.51 Financial assets Financial liabilities Loans 0.88 0.95 Borrowings 76.28 58.20 Investments 22.17 18.51 Trade payables 174.32 238.93 Trade receivables 210.40 277.55 Other financial liabilities 36.41 40.37 Cash and cash equivalents 43.07 26.01 Bank balances other than Cash 36.42 30.48 Provisions 12.24 6.31 Others 45.51 1.25 Current tax liabilities 0.78 0.22 Other current assets 29.10 20.41 Other current liabilities 37.23 26.87 Assets held for Sale 0.00 39.99 Sub-total -Current liabilities 337.25 370.89 Sub-total -Current Assets 445.50 474.66 TOTAL -ASSETS 905.02 930.32 TOTAL -EQUITY AND LIABILITIES 905.02 930.32 * Financials as per IndAS 45 Awards & Recognition Lumax Auto Technologies Limited, Pantnagar won the Silver Award in Excellence in HSE (Health, Safety and Environment) - Very Large Category at ACMA Technology Summit & Awards in November, 2019. 47 Awards & Recognition Lumax Gill-Austem Auto Technologies Pvt Ltd won the Gold Award in Excellence in HSE (Health, Safety & Environment) - Small Category at the ACMA Technology Summit & Awards in November, 2019. 48 Awards & Recognition Lumax Mannoh Allied Technologies Limited, Manesar won the Bronze Award in Excellence in HR at the ACMA Technology Summit & Awards in November, 2019. 49 Awards & Recognition Lumax Mannoh Allied Technologies Limited, Manesar bagged Silver Award at ICQCC 2019 held at Tokyo, Japan in September, 2019. A total of 368 teams from 13 countries participated in the global Quality Control Circles competition. 50 Awards & Recognition Lumax Mannoh Allied Technologies Limited won the Part Design & Development (Supplier Design Category) Award from Maruti Suzuki India Limited in May, 2019. 51 Awards & Recognition Lumax Mannoh Allied Technologies Limited awarded for Improvement in Quality Performance by Maruti Suzuki India Limited in May, 2019 52 Awards & Recognition Lumax Cornaglia Auto Technologies Pvt. Ltd. was awarded the Silver Award in Manufacturing Excellence (Medium Category) and Lumax Auto Technologies Limited , Pantnagar was awarded the Silver Award in Manufacturing Excellence (Large Category) by ACMA in 2019 53 Awards & Recognition Award – LATL Chakan Plant, Received JIPM Award for TPM Excellence, Category B on 23rd March 2017 54 Awards & Recognition Award for Excellence in Consistent TPM Commitment 55 State-of-the-Art Manufacturing Facilities 56 State-of-the-Art Manufacturing Facilities 57 State-of-the-Art Manufacturing Facilities 58 CSR Initiatives Towards its endeavour to give back to society, the group has taken various initiatives towards Education of the underprivileged. Four schools in the NCR region, close to its facilities have been adopted, starting with improving its infrastructure, to facilitating the annual fee so as to ensure a Education conducive environment for learning and continuity in Health education. Also provide support towards maintaining good health of the communityarounditsfacilities 59