Suprajit Engineering Limited June 2016
Group Structure Suprajit Group Suprajit Engineering Limited (15+1 plants) 62% Phoenix Lamps Limited (3 plants) Suprajit Europe (100% owned) Suprajit Automotive (100% owned) Suprajit USA (Branch) Suprajit Foundation (CSR Arm) Luxlite Luxembourg (100% owned) Trifa Germany (100% owned) Announced merger of Phoenix with Suprajit recently
Global Footprint
Manufacturing facilities World-class manufacturing with operations TS 16949 certified. Global standards in manufacturing, testing and quality assurance. Vertical process integration for key processes and optimized supply chain.
Exhaustive range of cables Park Brake Cables Clutch Cables Starter Cables Throttle Cables Door Latch Cables Push-Pull Cables Mirror Cables Tail Gate Cables Gear Shifter Cables Tyre lifting Cables Fuel Filler cables Hood Lock & Release Cables Window Regulator Cables Cables for Seat Belts Seat Recliners & Seat Belt Cables. Speedometer & Tachometer Cables And many more… Indicative List of Our Products Used in a 4W Indicative List of Our Products Used in a 2W
Fuel Sender Unit assembly Aftermarket Products Indicators Filters Speedometers CDI & Regulators Fuel Sender Unit assembly Mirrors Stator Coils
Phoenix Lamps Limited A complete range of Halogen lamps Recently acquired, publicly traded company. A complete range of Halogen lamps
OE Market share (India) Segmental Sales Revenue Market Position Top 5 in Halogen headlamps (80 million / year). Dominant supplier in Indian Automotive Lighting Industry. Supplier to both Domestic and Overseas Customers (OEMs and Aftermarket). 50+ private labels across the globe. Exports to 50+ countries. Revenues US$ 53 million with operational EBIDTA of 14%. Annual capacity 87 million. OE Market share (India) Segmental Sales Revenue A complete range of Halogen lamps
Domestic Customers Automotive OEM / Tier 1 2&3 Wheelers OEM
Global customers Automotive OEM / Tier 1 Non-automotive
Multiple aftermarket products Strategy Derisk LCV HCV Automotive Exports Non Automotive Aftermarket One Segment To Multi segments 2 Wheeler 3 Wheeler Segment M&M TATA Eicher Swaraj HMSI More.. GM Ford Suzuki Magna More.. John Deere BMW Kubota VW More.. HMCL One Customer To Multi Customers Yamaha TVS Customer Bajaj Maharastra Gujarat Haryana Uttarakhand Rajasthan Tamilnadu One State to Multi State To Multi country (limited) Location Karnataka UK Hungary US China Germany Multiple States Product Auto lamps Cables Multi products Cables Speedometers Multiple aftermarket products Phoenix 4 acquisitions – Shah Concabs / Gills Cables / Pricol Cable Division / Phoenix
Key Milestones in Our Journey 4 acquisitions – 3 in cable space - Proven track record of integration. Strong Organic growth
Management Team
Cable capacities
Robust Financials (Group) Robust growth in net sales… …high EBIDTA … ...high net profit Net Sales ~4.6x (USD Mn) (USD Mn) EBIDTA ~5.3x (USD Mn) Net Profit ~8.0X supported by low Long Term Liabilities / Equity... resulting in exceptional RoCE… ….and high EBIDTA margins EBIT A Global Leader in Control Cables
Customer awards and recognitions Volkswagen – ‘A’ Grade Supplier Award, Quality Performance Award. Honda Motor Cycles and Scooters – Quality and Delivery Achievement Award. - A grade supplier Award. John Deere – Accelerated Global Sourcing Award. Brose Key Supplier Award. General Motors - Supplier Quality Excellence Award (3 years in a row). Bajaj Auto Limited – TPM Excellence Award. Tata Motors – Green Card for ‘0’ PPM. Hero MotoCorp Limited – Direct Online Supply (DOL) Award. Bajaj Auto Limited - Quality Consistency Gold Award. Yamaha - Cost Reduction & VA/VE activity award. - A grade excellence Award. TVS, Bajaj and Mahindra – various Awards. And many more…. Other Awards 1995 KSFC: Entrepreneur of the year for the promoter 2006 CNBC/ICICI/CRISIL: SME of the year Auto Ancillary of the year 2007 NASSCOM: Best IT user Award in Automotive Sector 2010 KSFC: Outstanding Enterprise of the State.
Segmental and Geographic Synergies Category-wise Geography-wise
Financial Overview Rs. In lakhs
Financial Overview Rs. In lakhs
Suprajit’s strengths TS 16949 Plants A Global Leader in Control Cables Mass manufacturer with competitive cost advantage. High productivity and low overhead costs. Excellent customer rapport. A proprietary class `B’ item, giving a strategic pricing and relationship advantage. Good manufacturing system. Excellent R&D system. Best supply chain footprint. Good testing facilities. Ability to setup modular capacities at low capex. Industry beating operational costs and low financial costs. Good management team, motivated and focused. “Value for money supplier” with best QCDD rating. TS 16949 Plants A Global Leader in Control Cables
Customer Satisfaction 225 million cables 87 million halogen lamps One Goal Customer Satisfaction Low Cost Base Logistical Advantage R & D Strength
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