automotive industry in india

Automotive Industry in India

Automotive Clusters in India

Rapidly growing presence of Global OEMs

(Original equipment manufacturer)

Passenger Vehicles Production

Other Vehicles Production

Auto Component Industry Profile - Turnover

Favorable Policy Regime

Company

IP Rings manufacture Piston Rings predominantly steel and Precision Net Shaped Forgings for

Transmission Applications

Product

Collaborations

Promoter and Promoter Group58%

Insurance Companies3%

Bodies Corporate13%

Individual shareholders capital up to Rs. 1 lakh

19%

Individual shareholders holding excess of Rs. 1

lakh7%

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

Competitor

SWOT Analysis

Strengths OpportunitiesStrong Management Innovation

Supply Chain Emerging Markets

Economies of Scale International Expansion

Cost Advantages

Customer Loyalty

Weaknesses Threats

Online Presence Bad Economy

Weak Brand Mature Markets

Customer Service Intense Competition

Outdated Technology Volatile Costs

SWOT Analysis

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 -2,80,66,49

7 -7.335,67,74,921 60,40,32,123 24,72,57,2

02 6960,40,32,123 65,40,11,478 4,99,79,35

5 8.27

Avg 21.4265,40,11,478 79,41,00,736

Capital expenditure

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

Rane Companies & Product Range

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

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

Competitor

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

• 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

Capital previous year Capital Current year

Capital expenditure

% change

17,00,000 8,00,000-9,00,000 -52

9,00,000 13,00,0004,00,000 44

Avg -413,00,000 12,48,000

Capital expenditure

Company

Bosch Ltd was incorporated in the year 1951 with the name Motor

Industries Company Ltd.

  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 (%)

Balance Sheet of Bosch

Balance Sheet of Bosch

• 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

Company

The company is engaged in the manufacturing of rubber products, such as tyres, tubes, flaps, tread

rubber and conveyor belt

Product

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.

Weakness1. Volatility in industrial relations. Ex: the labour unrest2. Intense competition due to presence of other global brands

Opportunity

1. Emerging markets and growth of automobile industry2. More tie-ups with Automobile companies as it’s mainly into B2B market.3.Horizontal and concentric Diversification.

Threats

1.Price wars2. Stiff competition from national and international brands3. 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 keeping pollution hazards caused by combustion of automobile fuels.

• 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

• Associated Battery Manufacturers (Ceylon) Limited

• Chloride International Ltd• Caldyne Automatics Ltd • Tandon Metals Ltd• Lead Age Alloys India Ltd• ESPEX Batteries Limited, UK

Subsidiary

• Award

• Future plan of action

•Current Scenario

SWOT Analysis

EXIDE

STRENGTH

WEAKNESS

OPPURTUNITY

THREATS

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

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

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

• Anand Automotive Ltd• Anchemo Ltd• Victor Gasket India Ltd• Perfect Circle India Ltd

Subsidiary

• Award

• Joint Venture

• Future plan of action

• Current Scenario

SWOT Analysis

GABRIEL

STRENGTH

WEAKNESS

OPPURTUNITY

THREATS

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

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

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

TVS Motor

Popular Product of TVSPhoenix 125

TVS SPORT

TVS SCOOTY

TVS APACHE

• 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

• Award

• Acquisition

• Future plan of action

• Government Regulation

• Current Scenario

SWOT Analysis

TVS

STRENGTH

WEAKNESS

OPPURTUNITY

THREATS

Market Share & Competitor

Hero Moto41%

Honda18%

Bajaj18%

TVS Motor13%

Suzuki3%

Others7%

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

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

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