Sandhar Technologies Limited

SANDHAR Growth. Motivation. Better Life

(

Ref: STL I REG-30/ BSEI NSEI 2021-2022/83

Dated: 06[11] ' August, 2021

To,

Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

To,

Listing Department, National Stock Exchange oflndia Limited C-1, G-Block, Bandra-Kurla Complex Bandra, (E), Mumbai - 400 051

BSE Code: 541163; NSE: SANDBAR

Sub: Intimation to Stock Exchange- Investor Presentation in connection with Un-Audited Standalone & Consoldated Financial Results fr the quarter ended 30'" June,2021

Dear Sir/Madam,

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with Un-Audited Standalone & Consolidated Financial Results for the quarter ended 30[th ] June, 2021, the same is uploaded on the website of the Company www.sandhargroup.com

Kindly take the same on record.

Thanking you,

Yours Faithfully,

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Encl.: As above

Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511 800 E-mail: [email protected], website: w .sandharqroup.com; CIN-L74999DL l 987PLC029553

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INVESTOR’S PRESENTATION Q1 FY 21-22 Performance

Safe Harbour

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This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sandhar Technologies Ltd. (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 connection with any contract or binding commitment whatsoever. No offering of securities of the 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 tire 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 forwardlooking 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.

Key Highlights

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Strong performance in Q1 FY 22 despite 2[nd] wave of Covid-19, revenues stood at Rs. 411.67 Crs. registering a growth of 217% over Q1 FY 21. Similarly PAT grew by 107%.

Industry Updates

Financials (Q1 FY 22 vs Q1 FY 21)

Industry registered a growth of 138% in Q1 FY 22 where as Sandhar has achieved a growth of 217% from Q1 FY 21.

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Sandhar Rev. Gr % Industry Sales vol. Gr %
Overall Growth 2W 4W CV OHV
252% 243%
188%
138%
467%
318%
292%
217%
117%
106%
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Consolidated

Revenue of Rs. 411.67 Crs., up by 217%.
EBITDA of Rs. 32.68 Crs., up by 371%.
Cash Profit of Rs. 29.16 Crs., up by 576%.
Cash EPS of Rs. 4.84

Standalone

Revenue of Rs. 319.05 Crs., up by 219%.
EBITDA of Rs. 20.84 Crs., up by 291%.
Cash Profit of Rs. 18.49 Crs., up by 451%.
• Cash EPS of Rs. 3.07

Our Footprint

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42 State of-art-the-manufacturing facilities Technical collaboration with South Korea, Japan & Taiwan

Revenue Model

Key Customers

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2 W
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PV
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CV
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OHV

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3W

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Products Revenue

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Others, 13%
Aluminium Die
Casting, 28%
Assemblies, 8%
Cabins, 12%
Sheet Metal,
Proprietary
14%
Business, 25%
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Geographical Revenue

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78% 22%
Domestic Overseas
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Q1-FY 22 Financial Snapshot (fig. in Rs. Crs)

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Consolidated
Standalone
Revenue EBITDA Revenue EBITDA
40.00 32.68 20.84
217% 371% 35% 219% 319.05 291%
411.67 30.00
25%
20.00
7%
15%
10.00 8% (10.89)
100.00
129.99 - (12.05) 5% -11%
(10.00) -9% -5%
(20.00) -15%
Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22
Q1 FY 21 Q1 FY 22
EBT PAT EBT PAT
104%
107% 105% 105%
15 90% 10 10%
10
1.77 15% 80%
5.00 (40.11) 2.11 70% (27.85) 1.35 10% 5
0.4% 5% 5 (31.13) 0.5% 60% 0 0.4% 0 (20.82) 0.99 0.3% 0%
(5.00) 50% 0%
-5%
-5 40% -5
(15.00) -15% 30% -10 -10%
-10%-10
-15 -24% 20%
(25.00) -25% 10%
-15
(35.00) -31% -35%-25 0%-10% -20 -28% -20%-20 -21% -20%
-20%
(45.00) -45%-35 -30% -30 -30%-25 -30%
Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22
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Profit & Loss Statement – Consolidated (fig. in Rs. Crs)

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Particulars Q1 FY 22 Q1 FY 21 YoY (%)	Q4 FY 21 QoQ (%)	FY 21
Total Revenue 411.67 129.99 217%	645.12 -36%	1,874.34
Expenses Cost of materials 230.51 68.85 235% Labour cost 39.20 19.33 103% Personnel expenses 30.32 22.13 37% Other expenses 78.97 31.73 149%	383.10 -40% 49.59 -21% 30.22 0% 101.28 -22%
		1,092.12
		160.31
		117.43
		305.30
Total expenses 379.00 142.04 167%	564.20 -33%	1,675.16
EBITDA 32.68 (12.05) 371%	80.92 -60%	199.18
EBITDA % 7.94% -9.27% Finance costs 3.87 3.06 26% Depreciation 23.86 21.54 11%	12.54% 3.96 -2% 24.23 -2%	10.63%
		16.02
		93.95
Profit before tax 4.95 (36.65) 114%	52.73 -91%	89.21
PBT % 1.20% -28.19% Losses from JV 3.19 3.46	8.17% 2.19 45%	4.76%
		11.20
Profit before tax after JV losses 1.77 (40.11) 104%	50.54 -97%	78.02
Tax Expenses (0.34) (8.98) 96%	10.29 -103%	20.18
Net profit 2.11 (31.13) 107%	40.24 -95%	57.83
Net Profit % 0.51% -23.95% Other comprehensive income (0.50) 0.94	6.24% (2.34)	3.09% (3.75)
Total comprehensive income 1.62 (30.19) 105%	37.91 -96%	54.09
Comprehensive Income % 0.39% -23.23%	5.88%	2.89%
Cash Profit 29.16 (6.13) 576%	66.67 -56%	162.98
Earnings Per Share (EPS) 0.35 (5.17) 107%*	6.69 -95%	9.61
Cash Earning Per Share (CEPS) 4.84 (1.02) 576%*	11.08 -56%	27.08

EPS not annualized for quarter

Profit & Loss Statement – Standalone (fig. in Rs. Crs)

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Particulars Q1 FY 22 Q1 FY 21 YoY (%)	Q4 FY 21 QoQ (%)	FY 21
Total Revenue 319.05 100.00 219%	552.40 -42%	1,594.70
Expenses Cost of materials 206.75 64.27 222% Labour cost 29.51 14.76 100% Personnel expenses 18.73 15.13 24% Other expenses 43.21 16.73 158%	357.47 -42% 39.88 -26% 18.63 1% 68.39 -37%
		1,018.56
		130.71
		78.16
		204.13
Total expenses 298.20 110.89 169%	484.38 -38%	1,431.56
EBITDA 20.84 (10.89) 291%	68.02 -69%	163.14
EBITDA % 6.53% -10.89% Finance costs 2.00 1.42 41% Depreciation 17.50 15.55 13%	12.31% 2.28 -12% 17.79 -2%	10.23%
		9.09
		68.57
Profit before tax 1.35 (27.85) 105%	47.95 -97%	85.48
PBT % 0.42% -27.85% Tax Expenses 0.36 (7.03) 105%	8.68% 10.45 -97%	5.36%
		20.25
Netprofit 0.99 (20.82) 105%	37.49 -97%	65.23
Net Profit % 0.31% -20.82% Other comprehensive income (1.01) 0.51	6.79% (1.22)	4.09% (4.00)
Total comprehensive income (0.02) (20.31) 100%	36.28 -100%	61.23
Comprehensive Income % -0.01% -20.31%	6.57%	3.84%
Cash Profit 18.49 (5.27) 451%	55.29 -67%	133.80
Earnings Per Share(EPS) 0.16 (3.46) 105%*	6.23 -97%	10.84
Cash Earning Per Share(CEPS) 3.07 (0.88) 451%*	9.19 -67%	22.23

EPS not annualized for quarter

WOS Performance (fig in Rs. Crs)

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EBT
Revenue EBITDA
92.74
11.84
3.58
29.99
(8.96)
(1.16)
Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22
Q1 FY 21 Q1 FY 22
209% 1121% 140%
JV Performance (fig in Rs. Crs)
PAT
EBITDA
Revenue
15.55
3.86
(3.19)
(1.75) (3.52)
(1.94)
Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22
9%
303% -11%
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*Considered 50%

New Business- Supplies Started to Electric Vehicles

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(FY 2021-22)

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Product Category Products Supplied

Key Customer

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Ignition & Switch Locking System
• Latch System
• Hook & Striker KABIRA MOBILITY KABIRA PUR ENERGY
MOBILITY
• Mirror & Vision System
• Wheel Assembly

Overseas New Business- Supplies Started to Electric Vehicles

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(FY 2021-22)

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Product Category Products Supplied

Key Customer

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TRW
•
Seat Belt retractor components
•
Wiper systems components
TRW
•
Electronic circuits housings
and covers
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Revenue at consolidated level from this segment stands Rs. 12.07 Crs. for Q1 FY 22.

Potential New Business for Electric Vehicles (FY 2021-22)

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Purchase Order Received Schedule Awaited

Products to be Supplied

Customer Portfolio

Ignition & Switch Locking System
Latch System
Door Handles
Battery Locking System
Mirrors & Vision System

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Strom Motors

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KUSALVA INTERNATIONAL LTD

NDA Signed- Presently under Technical Discussion

Ignition & Switch Locking System
Latch System
USB
Mirrors & Vision System

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OZOTEC AUTOMOBILES PVT LTD

Business from Electronification (FY 2021-22)

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Division / Company Products Supplied
Key Customer
Relay
Sandhar Automotive Gurugram,
JEM Division
• Revenue - Q1 Rs. 1.39 Crs.
Rear View ECU Sensor with Bezel
Camera
Sandhar Whetron Electronics
Pvt. Ltd.
•
Revenue - Q1 Rs. 0.25 Crs. Sensor (5
Colors)
Retainer
ECU
Feeder Cable
Shark Fin Antenna
Winnercom Sandhar
Technologies Pvt. Ltd.
• Revenue - Q1 Rs. 6.53 Crs.
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Electronic Control Unit

Business from Electronification (FY 2021-22)

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Division / Company Products Supplied
Key Customer
Feeder Cable
Sandhar Hanshin Auto
Technologies Pvt. Ltd.
• Revenue - Q1 Rs. 2.29 Crs.
Sandhar Han Sung Technologies MCB
Pvt. Ltd. .
• Revenue - Q1 Rs. 1.27 Crs.
Jinyoung Sandhar Mechatronics Switches
Pvt. Ltd.
• Revenue - Q1 Rs. 8.12 Crs.
AVN Panel Assemblies
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Electronic Control Unit

Future Outlook

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Expecting the Revenue CAGR of 30% over the next 3 years.

Strongly looking for inorganic growth opportunities in near future.

Focusing on better returns by achieving economies of production and leveraging long standing relationships with OEMs.

New overseas plant in Romania to be operational in FY 22 resulting in major growth in overseas business.

Launching new products in 4 wheeler and Off highway vehicle segment.

Future Outlook

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Expanding product portfolio with OEMs.

Increasing business with EV OEMs with existing and new products.

Centre for innovation & development (In-house R&D center) is consistently working on development of technology driven products in Auto-Space.

Joint Ventures companies to ramp-up in near future to meet increasing demand of diversified products including E-Products with latest technology.

Committed to maximize the wealth & return and minimize the risks of stakeholders.

Shareholding Pattern FY22 vs FY21

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Mutual Funds, Retail, 12.24%
15.69% Mutual Funds, Retail, 12.37%
15.74%
FII, 1.70%
FII, 1.55%
Promoters,
Promoters,
70.37%
70.35%
Q1 FY'22 FY'21
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Sandhar Technologies Limited CIN: L74999DL1987PLC029553 Email: [email protected]

AI assistant

Sandhar Technologies Limited — Investor Presentation 2021

60876_rns_2021-08-06_a5acb239-1d6e-4c36-accb-0d1b9fcddc5f.pdf

Ref: STL I REG-30/ BSEI NSEI 2021-2022/83

To,

To,

BSE Code: 541163; NSE: SANDBAR

Sub: Intimation to Stock Exchange- Investor Presentation in connection with Un-Audited Standalone & Consoldated Financial Results fr the quarter ended 30'" June,2021