Automotive industry in india Sources ACMA

1. Automotive Industry in India

2. Automotive Clusters in India

3. Rapidly growing presence of Global OEMs
(Original equipment manufacturer)

4. Passenger Vehicles Production

5. Other Vehicles Production

6. Auto Component Industry Profile - Turnover

7. Favorable Policy Regime

8. Company
IP Rings manufacture Piston Rings predominantly
steel and Precision Net Shaped Forgings for
Transmission Applications

9. Product

10. Collaborations

11. Promoter and Promoter Group
58%
Insurance Companies
3%
Bodies Corporate
13%
Individual shareholders
capital up to Rs. 1 lakh
19%
Individual shareholders
holding excess of Rs. 1 lakh
7%
Shareholding
Promoter and Promoter Group
Insurance Companies
Bodies Corporate
Individual shareholders capital up to Rs. 1
lakh
Individual shareholders holding excess of
Rs. 1 lakh

12. Competitor

13. SWOT Analysis
Strengths Opportunities
Strong Management Innovation
Supply Chain Emerging Markets
Economies of Scale International Expansion
Cost Advantages
Customer Loyalty

14. Weaknesses Threats
Online Presence Bad Economy
Weak Brand Mature Markets
Customer Service Intense Competition
Outdated Technology Volatile Costs
SWOT Analysis

19. Capital previous year Capital Current year
Capital
expenditure
%
change
33,25,87,454 38,48,41,418
5,22,53,964 15.71
38,48,41,418 35,67,74,921
-2,80,66,497 -7.3
35,67,74,921 60,40,32,123
24,72,57,202 69
60,40,32,123 65,40,11,478
4,99,79,355 8.27
Avg 21.42
65,40,11,478 79,41,00,736
Capital expenditure

20. Company
 Founded in 1929 as a distributor of automobiles & auto
components and diversifying into manufacturing in
1959
 Serves a range of industry segments including
Passenger Cars, Multi-Utility Vehicles, Commercial
Vehicles, Farm Tractors, Three wheelers, Two Wheelers
and Stationary Engines

21. Rane Companies & Product Range

25. Volume Growth in % over previous year 2012-13 2011-12
• Vehicles assenger Cars -4 2
• Utility Vehicles 52 17
• Small Commercial Vehicles -17 27
• Light Commercial Vehicles 25 28
• Medium & Heavy -28 11
• Commercial Vehicles
• Three Wheelers -4 10
• Two Wheelers 2 16
• Farm Tractors -1 12
• Source: Society of Indian Automobile Manufacturers
INDUSTRY GROWTH

26. Domestic Sales (Rs. in crores)
2012-13 2011-12 Growth in %
Brake Linings 171.42 177.23 -3.3
Disc Pads 142.25 127.01 12.0
Other Products 40.95 33.97 20.5
Domestic Market

27. Competitor

28. Strength
• State of art R&D and manufacturing facility
• In-house formulation development and benchmarking capability
• Operational excellence
• Preferred supplier for OEMs
• Strong distribution network
• Good customer contact and rapport with Tier-1 & vehicle OEM’s
• Market leadership
• Brand equity
SWOT

29. • Unceasing cost reduction demand from OEMs from whom the
major portion of the future growth is expected to come.
• Spiralling commodity prices affecting the input costs structure.
• Dumping from China.
• Apprehension about weak economic expansion in the developed
countries.
Threats

35. Capital previous year Capital Current year
Capital
expenditure % change
17,00,000 8,00,000
-9,00,000 -52
9,00,000 13,00,000
4,00,000 44
Avg -4
13,00,000 12,48,000
Capital expenditure

36. Company
Bosch Ltd was incorporated in the year
1951 with the name Motor Industries
Company Ltd.

37. JUN' 13 MAR' 13 DEC' 12 SEP' 12
Promoter 71.18 71.18 71.18 71.18
FII 7.10 6.91 6.44 6.12
DII 11.53 11.62 12.01 12.50
Others 10.19 10.29 10.37 10.20
Total 100.00 100.00 100.00 100.00
Share Holding Pattern in (%)

38. Balance Sheet of Bosch

39. Balance Sheet of Bosch

40. • Standalone sales turnover of Rs 2,306.99 crore and a net profit of Rs 251.68 crore for the
quarter ended Jun '13.
• Bosch reported 1.70 percent increase in its net profit at Rs 251.68 crore for the second
quarter ended June 30, 2013
Financial analysis

41. Company
The company is engaged in the manufacturing of rubber
products, such as tyres, tubes, flaps, tread rubber and
conveyor belt

42. Product

43. SWOT Analysis
Strength
1.Company has remained in no.1 position in tyre industry and was the first to
reach annual turnover ofRs.5000Crore in India
2. They have 6 manufacturing facilities in India (all in south) in proximity of
rubber belt of India, with sales network divided in 4 zones; east(14), west (23),
south(33) and north(27 dealers)- very strong and developed distribution network.
3. Good export market with company exporting tyres and conveyor belts to 65
countries
4. Complete product portfolio with tyres for all types of vehicles-heavy duty
vehicles, SUVs, small & luxury cars, two & three wheelers, conveyor belts, paints
& coats and pretreads.
5. It enjoys strong brand equity and loyalty of customers.
Weakness
1. Volatility in industrial relations. Ex: the labour unrest

44. Opportunity
1. Emerging markets and growth of automobile industry
2. More tie-ups with Automobile companies as it’s mainly into B2B
market.
3.Horizontal and concentric Diversification.
Threats
1.Price wars
2. Stiff competition from national and international brands
3. Cheaper technologies
4. Volatility in prices and availability of raw material as india’s rubber production
is less than its demand.
5. Government Policies w.r.t export duties, import duties, tax levied on automobile
industries and economic condition of nation as it determines the sale of
automobiles.
6. Introduction of other transport facilities like metro, monorails and local trains

49. • MRF reported a 57.22 percent increase in standalone net profit to Rs 227.28 crore for
the third quarter ended June 30
• Standalone income stood at Rs 3,051.46 crore in the April-June quarter, compared
with Rs 3,008.27 crore in the same period of the previous financial year
• MRF said its board of directors declared an interim dividend of Rs 3 per share for
the year ending September 30, which will be paid after August 19.
Financial analysis

51. • Associated Battery Manufacturers (Ceylon) Limited
• Chloride International Ltd
• Caldyne Automatics Ltd
• Tandon Metals Ltd
• Lead Age Alloys India Ltd
• ESPEX Batteries Limited, UK
Subsidiary

52. • Award
• Future plan of action
• Current Scenario

53. SWOT Analysis
EXID
E
STRENGTH
WEAKNE
SS
OPPURTUNI
TY
THREATS

54. March 2011-12 March 2012-13
Net sales 6084.96 5117.63
Total revenues 74495 74304
Gross profit 4592 4383
Profit before tax 742.28 645.17
Tax 188.37 219.50
Profit after tax 461.17 522.78
Gross profit margin 11.02 11.69
Net profit margin 8.48 8.89
Income data

55. March 2011-12 March 2012-13
Current ratio 1.48 1.65
Inventory turnover 6.00 5.88
Debt to Equity - -
Fixed Asset Turnover 2.90 3.24
Net worth 3057.32 3423.59
Return on Net Worth 15.21 15.26
Return on capital employed (%) 21.95 21.80
Dividend Per Share 1.5 1.6
CAPEX 176 250
Balance sheet Data

56. Jun 2013 Mar 2013 Dec 2012 Sep 2012
Sales 1627.47 1541.20 1463.06 1521.36
Profit Before Tax 238.25 205.30 146.85 171.61
Tax 79.45 58.84 42.76 51.40
Profit After Tax 158.80 146.46 104.09 120.21
EPS 1.87 1.72 1.22 1.41
QUARTERLY RESULTS

58. •Anand Automotive Ltd
•Anchemo Ltd
•Victor Gasket India Ltd
•Perfect Circle India Ltd
Subsidiary

59. • Award
• Joint Venture
• Future plan of action
• Current Scenario

60. SWOT Analysis
GABRIEL
STRENGTH
WEAKNESS
OPPURTUNITY
THREATS

61. 2011-12 (Million) 2012-13 (Million )
Sales 10599.7 11544.8
Export Sales 553.1 415.5
Total Sales 1152.8 11960.3
Profit Before Tax 624.4 411.8
Profit After Tax 530.6 381.3
Return on Net Worth (%) 22.9 14.8
Income Statement

62. March 2011-12 March 2012-13
Current ratio 0.92 0.88
Inventory turnover 9.94 11.97
Debt to Equity 0.39 0.26
Fixed Asset Turnover 2.93 2.74
Return on capital employed (%) 22.29 14.8
Dividend Per Share 1.00 0.75
CAPEX 25.13 46.01
Balance Sheet

63. Jun 2013 Mar 2013 Dec 2012 Sep 2012
Sales 297.42 312.25 297.73 306.21
Profit Before Tax 10.96 10.92 9.80 15.70
Tax 1.90 0.11 0.67 3.02
Profit After Tax 9.06 10.81 9.13 12.68
EPS 0.60 0.81 0.56 0.88
QUARTERLY RESULTS

64. TVS Motor

65. Popular Product of TVS
Phoenix 125
TVS SPORT
TVS SCOOTY
TVS APACHE

66. •Sundaram Auto Components Limited
•TVS Energy Limited
•TVS Housing Limited
•TVS Motor Company (Europe) B.V
•Sundaram Business Development
•Consulting (Shanghai) Company
Limited
Subsidiary of TVS Motor

67. • Award
• Acquisition
• Future plan of action
• Government Regulation
• Current Scenario

68. SWOT Analysis
TVS
STRENGTH
WEAKNESS
OPPURTUNI
TY
THREATS

69. Market Share & Competitor
Hero Moto
41%
Honda
18%
Bajaj
18%
TVS Motor
13%
Suzuki
3%
Others
7%

70. Mar 2011-12 Mar 2012-13
Net sales 7163.23 7088.84
Gross profit 4592 4383
Interest 520 461
Profit before tax 316.46 163.58
Tax 67.39 47.56
Profit after tax 249.07 116.02
EPS 5.24 2.44
Dividend Per Share 1.30 1.20
Income data

71. Mar 2011-12 Mar 2012-13
Current ratio 0.8 0.9
Inventory turnover 33 31
Long term debt 8745 8457
Interest coverage 3.6 2.8
Debt to Equity 1.2 0.9
Return on equity 18.3 22.1
Return on capital employed(%) 19.0 14.7
Return on assets 6.7 9.0
Net Worth 1170 1225
Return on Net worth(%) 23.0 9.7
Balance sheet Data

72. Jun 2013 Mar 2013 Dec 2012 Sep 2012
Sales 1760.89 1725.29 1780.24 1661.67
Profit Before Tax 69.05 -28.49 67.00 58.17
Tax 17.18 5.02 14.55 12.98
Profit After Tax 51.87 -33.51 52.45 45.19
EPS 1.09 -.67 1.10 0.95
QUARTERLY RESULTS