iu:3 - steel strips wheels limited
TRANSCRIPT
STEEL STRIPS WHEELS LTD'CIN: L27107P81985PLC0061 59
Head Office : lSOiTS16949 Certified
STEEL STRIPS GROUP
Date: 24.08.2021
Dalal Street,lvlumbai - 400 001
BSE Code: 5L3262
Regd. Office :
SCO 49-50, Sector-26,H/aanva Varg, Chandigarh-160 019 (lNDlA)
i"t, igt -tt1-zts311t, 2790979, 2792385
Fax: +91-172-2794834 I 2790887Website : www.sswlindia.com
The Bombay Stock Exchange Limited The National Stock Exchange of IndiaDepartment of Corporate Services, Limited25th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza,
Subject: Ana lysts/ In stitutiona I Investors Meet - SEBI (Listing Obligations andDisclosure Requirements) Regulations 2015
Dea r Sir,
This is further to our letter dated 23.08.2021 and pursuant to the provisions of Regulation3O(6) of SEBI (Listing Obligations'and Disclosure Requirements) Regulations' 2015, wewish to inform you that the Company's Analysts/ Investors meet has been fixed, theschedule of which are as follows:
Note: Changes to the Schedule mayAnalysts/Investors or the Company.
Further, we are enclosing herewith the
/Investors at the aforesaid meetings andthe Company i.e. www. sswlind ia.com
happen due to exigencies on the part of
Kindly take the same on your records for reference.
Thanking you.
Yours fa ithfu lly,For Steel Strlps Wheels Limited
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(Shaman Jindal)CGM-cu m-Compa ny Secreta ry
Plot No. C/1, G Block,Ba nd ra - Ku rla Complex, Bandra (E),
.
Mumbai - 400 051NSE Code: SSWL
investor presentation to be made to Analysts
the same shall be accessible on the website of
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Date Name of Fund / Broking House TvDe of Meetinq Ven ue24.08.2021 Edelweiss Securities Limited Group Virtual25.08.2021 One to One Call
Works
Company Overview
SSWL is a leader in designing & manufacturing automotive wheels – both under the steel & alloy category.
Led by our:
Chairman, Mr. RK Garg
Managing Director, Mr. Dheeraj Garg
Our state of the art facilities caters to a wide range of domestic and global automobile makers while following the highest quality standards.
+ Our state of the art facilities caters to a wide range of domestic and global automobile makers while following the highest quality standards.
+ We are based out of Chandigarh with manufacturing facilities at Dappar(Punjab), Oragadam (Chennai), Jamshedpur(Jharkhand), Mehsana (Gujarat) and Saraikela (Jharkhand).
Highlights
Values
Number of Employees
5000+
Founded in
1991
Wheel Plant
4
Wheels Capacity
20+ million per annum
Honesty, Integrity & Transparency as essential ingredients of a stable & strong organization.
Safety, Technology & Quality leadership.
Being bold and agile, courageously taking on challenges.
Health & Happiness of all our stakeholders
Optimal use of natural resources-fuel, water, energy.
SSWL aspires to be the
preferred global brand of
wheel solution provider
committed to excellence.
Vision
SSWL strives to build & support a customer
centric team that:
+ constantly produces & innovates superior
products with the latest technology in an
environmentally friendly & cost
competitive atmosphere
+ delivers value to all stakeholders
+ seeks to scale new heights of excellence
Mission
Manufacturing Locations
+ Dappar (Punjab) - North India
+ Oragadam , Chennai (Tamilnadu) -South India
+ Jamshedpur (Jharkhand) - East India
+ Mehsana, Gujarat – Alloy Wheel
Manufacturing locations
+ Total 23.0 Million nos p.a.
+ Dappar - 10.8 Million
+ Chennai -6.0 Million (Car/TW) & 1.50 Million (CV)
+ Jamshedpur -2.16 Million
+ Mehsana -2.5 Million(Expansion Underway to increase capacity to 3.0Mn)
Capacities
+ Tata Steel Ltd, India - 6.97%,
+ Nippon Sumitomo Metal Industries, Japan – 5.45%,
+ Kalink, South Korea- 1.34%
+ Listed company in National Stock Exchange and Bombay Stock Exchange, India.
Strategic Investors
Our Journey
1991 1997 2002 2006 2007 2008 2009
DAPPAR PLANT
Start of Commercial production for Maruti Suzuki from Dapparplant near Chandigarh
2 W & TRACTOR WHEELS
Start of Commercial production for 2 Wheelers & Tractor wheels
EXPORT
+ Start of Commercial production for Exports market by supplies of Passenger Car wheels to PSA Peugeot Citroen, France
+ Start of Commercial production for HCV wheels
PRODUCTION
Developed Semi Full face Styled wheel for Renault Romania
COLLABORATION
Technical collaboration with Ring Techs Co. Ltd., Japan
LCV WHEELS
Start of Commercial production for LCV wheels
CHENNAI PLANT
Start of production at Chennai plant
Our Journey (cont.)
2010 2016 2017 2017 2017 2021
JAMSHEDPUR PLANT
Start of production at Jamshedpur plant
SSWL CHENNAI TRUCK PLANT
Start of production of truck wheels at Chennai plant
SARAIKELA PLANT ( HOT ROLLING MILL)
+ The Hot Rolling Mill at Saraikela was incorporated primarily to provide backward integration for our steel wheels
UTE MAYR STEEL SERVICE CENTRE
Start of production at Ute Mayr Steel service centre
MEHSANA PLANT
Start of production of passenger car alloy wheels at Mehsana plant, Gujarat
MEHSANA PLANT
Alloy Wheel Capacity expanded to 2.50mn
SSWL Export Customers Locations
Brazil
Japan
Poland
Thailand
Romania
Russia
ItalyMorocco
Slovakia
Germany
France
UK
Colombia
Argentina
Netherlands
S Korea
Canada
U.A.E.Egypt
SpainAustria
Customers Locations
HungaryUSA
Domestic Business Allocations (Steel Wheels)
Key Customers SOB Key platforms
Maruti Suzuki 50% Ciaz, Baleno, Scross, Brezza, Celerio
Hynduai 45% Venue, Xcent, Grandi10, Verna
Mahindra 50% KUVTUV,XUV
Honda 50% Mobilio, WRV, Jazz, Amaze, City
MG Motors 100% Hector
Kia 55% Seltos, Carnival, Sonet
Key Customers SOB Key platforms
Mahindra 57% Jivo, Arjun, Yuvraj, Dhruv
Sonalika 45% D1745, D16TRX, RX47
Eicher 35% 551, 548 , 485
JCB 60% 3DX, 4DX, Export Model
New Holland 40% 5500 , 7500
Key Customers SOB Key platforms
Ashok Leyland 55% Ecomet, Ross, Viking, Cheetah
Tata Motors 42% Ultra LPK 1512, LPK1518, 2518, 3718 , 3118 , 4218
Key Customers SOB Key platforms
Piaggio 54% Ape city , Ape Cargo
HMSI 35% Activa, Dio, Activa 125, Grazia, Aviator
Suzuki Scooters 45% Access 125
Scooter India 100% Vikram
Two/Three wheelers
50% market share in the
passenger vehicles segment
53% market share in the MHCV segment
44% market share in the tractor segment
70% market share in the OTR segment
30% market share in 2/3Wheelers
SSWL Mindshare in Alloy Wheel Market
SSWL Nomination for Alloy Wheel Programs
SOB
Hyundai Creta 100%
Hyundai Alcazar 100%
Hyundai Venue 100%
Hyundai Verna 100%
Hyundai Aura 100%
Kia Seltos 18%
Kia Sonnet 50%
Renault Kiger 100%
Nissan Magnite 100%
Mahindra New Xuv 700 100%
Mahindra Xuv 300 100%
Tata Harrier 40%
Tata Hornbill 100%
Tata Tigor 85%
Sales Volume Performance (in Millions)
14.53
15.91
13.98 13.36
19.00
-
2.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
20.00
2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
No. of Wheels in Mn
Sales Performance Turnover Value (in Crs)
1,557
2,041
1,563 1,749
3,400
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
Rs in Cr.
Growth Drivers Export Volumes/Value
1.30 1.61
2.27
3.10
6.50
-
1.00
2.00
3.00
4.00
5.00
6.00
7.00
No. of Wheels in Mn
115
198 222
271
750
-
100
200
300
400
500
600
700
800
Value(Rs Cr.)
Growth Drivers Mehsana Plant Volume/Value Ramp up
1.94
3.12
10.88
20.00
-
5.00
10.00
15.00
20.00
25.00
2018-19 2020-21
No's in Lacs
57
102
338
650
-
100
200
300
400
500
600
700
2018-19 2020-21
Net Value(Rs Cr.)
Way Forward
Way Forward
2018-19 2020-21
2021-22
87%
3%
10%
Domestic Sales Alloy Wheels Export
65%
19%
16%
Domestic Sales Alloy Wheels Export
59%19%
22%
Domestic Sales Alloy Wheels Export
50%
24%
26%
Domestic Sales Alloy Wheels Export
EBITDA
214
263
193
220
425
0
50
100
150
200
250
300
350
400
450
2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
EBIDTA (Rs in Crs)
Earning Per Share (Rs)
48.28 52.88
15.04
31.58
125.08
-
20.00
40.00
60.00
80.00
100.00
120.00
140.00
2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
EPS
EPS
Secured Term Debt
610
595
544 548
498
400
450
500
550
600
650
2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
SECURED TERM DEBT (Rs Cr)
Debt/EBITDA
4.37
3.45
4.89
4.21
2.11
0.00
1.00
2.00
3.00
4.00
5.00
6.00
2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
Debt/EBITDA
ROCE
13.28%
15.00%
8.71%
10.68%
22.66%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
2017-18 2018-19 2019-20 2020-21 2021-22(Proj)
ROCE
Thank You…
Contact Us
Corporate Office AddressSteel Strips Wheels Ltd, S.C.O. 49-50, Sector 26, Madhya Marg, Chandigarh – 160 019, India
[email protected] (Domestic)
[email protected] (International)
+91-172-2790979
+91-172-2793112
www. sswlindia.com