SANDHAR · 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’sability

Ref: STL/REG-30/BSE/NSE/2019-2020/57

10th February, 2020

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

SANDHAR Growth. Motivation. Better Life

To, Listing Department, National Stock Exchange oflndia Limited C-1, G-Block, Bandra-Kurla Complex Bandra, (E), Mumbai - 400 0051

BSE ot.l : 541163; N E: SANDBAR

Sub: Intimation to Stock Exch~mge -Investor Presentation in connection wi.th Un-Audited Standalone & Consolidated Financ.ial Re ult for the quarter and nine months ended 3181 December, 2019.

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 and nine months ended 31 st December, 2019.

The aforesaict presentation is also available on the Company website - www.sandhar6rroup.com

Kindly take the above on your record.

Thanking you,

Yours faithfully,

(Arvin Whole-Tim Chief Financial Officer & Company Secretary

~ ~IN: 01877905

Encl: As above

OGIES LIMITED

Sandhar Technologies Limited

Corporate Office : 13, Sector-44, Gurugram-122002, Haryana, India. Ph:+91-124-4518900 Registered Office : B-6/20, Local Shopping Complex, Safdarjung Enclave, New Delhi- 110029, India, Ph:+91-11-40511800

Email - [email protected]; website - www.sandhargroup.com; CIN - L7 4999DL1987PLC029553

All Rights Reserved@Sandhar 2020 2

Safe Harbour

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sandhar Technologies Ltd. (the “Company”), have been prepared solely forinformation 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 inconnection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering documentcontaining 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 orwarranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of thisPresentation. 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, orany omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunityand business prospects that are individually and collectively forward-looking statements. Such forward looking statements are not guarantees of future performance and aresubject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performanceof 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 abilityto 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 orachievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by theCompany and the Company is not responsible for such third party statements and projections.

SANDHAR Growth. Motivation. Better Life


Industry Performance (Vol. in Mn)

20

.78

2.6

6

0.6

2

0.9

16

.6

23

.84

3.0

4

0.8 0.9

5

19

.04

T o t a l V o l . P V s C V s 3 W 2 W

Indian Auto Sector

YTD Dec'19 YTD Dec'18

12.8%

16

.6

4.7

5

11

.34

0.5

19

.04

5.6

4

12

.73

0.6

8

T o t a l 2 W S c o o t e r s M o t o r c y c l e s M o p e d s

2 Wheelers


12.8%

2.6

6

1.7

0.8

6

0.1

3.0

4

2.0

8

0.8

0.1

6

T o t a l P V P a s s e n g e r C a r s

U t i l i t y V e h i c l e s

V a n s

Passenger Vehic les

YTD Dec' 19 YTD Dec'18

12.7%

0.6

2

0.1

9

0.4

2

0.8

0.3

2

0.4

8

T o t a l C V M & H C V s L C V s

CVs


22.8%


Q3 FY’20 Financial Snapshot (fig. in Rs. Crs)

48

3

57

0

50

4

REVENUE

Q3 FY'20 Q3 FY'19 Q2 FY'20

4.2%GR Vs Q2

15.2%GR Vs LY

Consolidated Standalone

40

5 49

6

43

1

REVENUE

Q3 FY'20 Q3 FY'19 Q2 FY'20

18.2% 5.9%

GR Vs Q2GR Vs LY

17

20

18

PAT/PAT%

Q3 FY'20 Q3 FY'19 Q2 FY'20

19.1% 10.2%GR Vs Q2GR Vs LY

4.1 4.1

4.3

16.2%GR Vs Q2GR Vs LY

28.3%

14

20

17

PAT/PAT%

Q3 FY'20 Q3 FY'19 Q2 FY'20

2.9

3.5

3.3

53

61

54

EBITDA/EBITDA %

Q3 FY'20 Q3 FY'19 Q2 FY'20

3%GR Vs Q2

14.5%GR Vs LY

10.910.8

10.8

20

33

21

EBT/EBT %

Q3 FY'20 Q3 FY'19 Q2 FY'20

2.0%GR Vs Q2

38.3%GR Vs LY

4.2

5.84.1

44

54

45

EBITDA/EBITDA%

Q3 FY'20 Q3 FY'19 Q2 FY'20

18.3% 1.3%GR Vs Q2GR Vs LY

10.910.9

10.4

GR Vs LY

22

32

22

EBT/EBT%

Q3 FY'20 Q3 FY'19 Q2 FY'20

29.4% 1.6%GR Vs Q2

5.5

6.4

5.1

22 22

24

EBT/EBT%

Q3 FY'20 Q2 FY'20 Q1 FY'20


Q3 FY’20 Financial Snapshot (Contd.) (fig. in Rs. Crs)

48

3 50

4

55

3

REVENUE

Q3 FY'20 Q2 FY'20 Q1 FY'20

12.7%GR Vs Q1

4.2%GR Vs Q2


40

5 43

1 47

3

REVENUE

Q3 FY'20 Q2 FY'20 Q1 FY'20

5.9% 14.2%

GR Vs Q1GR Vs Q2

17

18

16

PAT/PAT%

Q3 FY'20 Q2 FY'20 Q1 FY'20

10.1% 2.7%GR Vs Q1GR Vs Q2

4.3

4.3

3.4

0.6%

GR Vs Q1GR Vs Q2

53 5

4

56

EBITDA/EBITDA %

Q3 FY'20 Q2 FY'20 Q1 FY'20

6.1%

GR Vs Q1

3.0%

GR Vs Q2

10.9

10.810.1

20 2

1

23

EBT/EBT %

Q3 FY'20 Q2 FY'20 Q1 FY'20

10.5%GR Vs Q1

2.0%GR Vs Q2

4.1 4.1 4.1

44

45

47

EBITDA/EBITDA%

Q3 FY'20 Q2 FY'20 Q1 FY'20

1.3% 6.6%GR Vs Q1GR Vs Q2

10.910.4

10.0

GR Vs Q2

1.6% 8.4%GR Vs Q1

5.5 5.15.2

16.2%

14 1

7

14

PAT/PAT%

Q3 FY'20 Q2 FY'20 Q1 FY'20

2.9

3.3

2.5

63

10

3

EBT/EBT%

9M FY'20 9M FY'19

6

9M FY’20 Financial Snapshot (fig. in Rs. Crs)

All Rights Reserved@Sandhar 2020

Consolidated

15

40

17

48

REVENUE

9M FY'20 9M FY'19

45

70

PAT/PAT%

9M FY'20 9M FY'19

Standalone

13

10 15

28

REVENUE

9M FY'20 9M FY'19

13

6 16

4

EBITDA/EBITDA%

9M FY'20 9M FY'19

10.410.7

69

10

1

EBT/EBT%

9M FY'20 9M FY'19

5.36.6

51

68

PAT/PAT%

9M FY'20 9M FY'19

3.9

4.5

4.1

5.9

16

3

18

5

EBITDA/EBITDA%

9M FY'20 9M FY'19

2.9

4.0

11.9% 12.1%

38.5% 35.3%

14.3% 17.1%

31.9% 25.1%

10.6 10.6

9

Sandhar Vs Industry


Customers OEM Gr% STL Gr %

-16.0% -14.1%

-13.0% -0.7%

-36.1% -40.1%

NA -11.3%

NA -8.6%

-15.4% 4.8%

NA -2.8%

NA 22.5%

NA -20.4%

-31.0% -26.5%

-12

-8.5

-12

.4

-32

.6

-16

.3

-12

.8

-12

.5

-12

.7

-22

.8

O V E R A L L G R O W T H 2 & 3 W P V C V O H V

Sandhar Rev Gr % Industry Vol. Gr %

60

%

21

%

2% 1

3%

4%

58

%

21

%

2% 1

4%

5%

2 & 3 W P V S C V S O H V S O T H E R S

YTD Dec-19 YTD Dec-18

Segment wise Revenue

Product wise Revenue

22

%

9% 11

%

12

% 19

%

17

%

10

%22

%

10

%

12

%

13

%

16

%

17

%

11

%

L O C K I N G S Y S T E M

V I S I O N S Y S T E M

S H E E T M E T A L O H V A D C A S S E M B L I E S O T H E R S

YTD Dec-19 YTD Dec-18

N.A


Balance Sheet (fig in Rs. Crs)


Dec' 19 March' 19 Dec' 19 March' 19

Application of Funds

Net Fixed assets 854.6 780.8 622 617.5

Non-current investments 37.8 30.7 84 67.4

Other non-current assets 11.8 19.3 9.2 17.5

Current assets 467.2 630.7 339.9 477.3

Total Application of Funds 1,371.4 1,461.5 1,055.1 1,179.7

Sources of Funds

Share capital 60.2 60.2 60.2 60.2

Reserves and surplus 689.7 659.4 689.2 648.5

Shareholders' Funds 749.9 719.6 749.4 708.7

Minority Interest 3.7 3.5 - -

Long Term Secured Loans 7.2 8.4 0.3 0.6

Other Non-current liabilities 90.3 23.9 19.2 11.7

Short Term Loans 189.9 259.5 37.5 113.2

Current liabilities & Provisions 330.4 446.6 248.8 345.6

Total Sources of Funds 1,371.4 1,461.5 1,055.1 1,179.7

INVENTORY HOLDING PERIOD

59

52

55

YTD Dec'19 FY19 FY18

DEBT-EQUITY RATIO

0.3

0.4

0.8


Note: All of the above graphs are on consolidated basis

71

70 71


CREDITORS HOLDING PERIOD

RECEIVABLES COLLECTION PERIOD

43

40

37


Consolidated - Cash Flow Management


Cash Generated from Operations

Rs. 153.25 Crs

Working Capital Changes

Rs. 40.22 Crs

Other ReceiptsRs. 7.85 Crs

Rs. 72.39 Crs Rs. 75.81 Crs Rs. 7.06 Crs Rs. 9.22 Crs Rs. 15.84 Crs Rs. 21.23 Crs

Reduction in Borrowings

Payment to Capital Creditors

Investments in JV Dividend Paid (FY 2018-19 final)

Interest Paid Income Tax Paid

Total Inflows- Rs. 201.32 Crs

Total Outflows- Rs. 201.55 Crs

(0.3

)

(0.2

) 0.0

(0.5

)

(0.4

)

(0.1

)

(0.0

)

(0.5

)

(0.6

)

(0.3

)

(0.0

)

(0.9

)

JPY USD Others Total

Forex Gain/ (Loss) (Rs. in Crs)

Raw Materials Capital Goods Total

10

Working Capital Utilization and Forex Exposure


22

.5 5

7.4

37

.9

11

7.9

6.9 6.4 3.9 17.2

29

.4 6

3.8

41

.9

13

5.1


Total Currency exposure (Rs. in Crs)


10

4.9

6

87

.49

63

.12

83

.26

99

.5

14

2.3

3

12

9.2

2

Q 1 Q 2 Q 3 Q 4 ^

2019-20 2018-19

Ave

rage

In

tere

st R

ate

Ave

rage

wo

rkin

g C

apit

al (

In C

rs)

3 M MCLR (YBL) Q1 Q2 Q3 Q4

FY 2019-20 9.00% 8.50% 7.99% NA

FY 2018-19 8.83% 8.96% 8.88% 8.62%

8.83

8.96

8.888.62

9

8.5 7.99

6

6.5

7

7.5

8

8.5

9

9.5

2018-19 % 2019-20 %

2.3

7.0

0.2

9.4

- 0.6

- 0.6

2.3

7.6

0.2

10

.1


Outstanding Currency Exposure (Rs. in Crs)


11

WOS Performance (fig in Rs. Crs)


11

11

STPL-REVENUE

9M FY'20 9M FY'19

2

3

STPL-EBITDA

9M FY'20 9M FY'19

1

3

STPL-EBT

9M FY'20 9M FY'19

Note: STB figures on consolidated basis

22

0

21

1

STB-REVENUE

9M FY'20 9M FY'19

25

19

STB-EBITDA

9M FY'20 9M FY'19

4

3

STB-EBT

9M FY'20 9M FY'19

4.3% 31.6% 33.3%

33.3% 66.7%

12All Rights Reserved@Sandhar 2020

JV Performance(fig in Rs. Lakhs)

*All the above figures represent 50% share in JV

S. No. Name of Joint Ventures Product Name

Net Income

YTD

Dec 2019

(Actual)*

Net Income

YTD

Dec 2018

(Actual)*

EBITDA YTD

Dec 2019

(Actual)*

EBITDA YTD

Dec 2018

(Actual)*

PAT

YTD

Dec 2019 (Actual)*

PAT

YTD

Dec 2018

(Actual)*

Investment

Held by STL

as at

31 December

2019

Gross Block

including CWIP

as at

31 December

2019

1 Indo Toolings Forging Dies, Jigs & Furnitures 1,308.35 847.23 123.28 71.42 62.03 18.03 308.84 208.13

2Jinyoung Sandhar

Mechatronics Pvt LtdAVN Panel, Switch, etc. 1,012.67 752.47 -159.81 (111.92) (302.07) (172.89) 900.07 4,093.60

3Kwangsung Sandhar

Technologies

Sunvisor, Cargo Screen, Blackout

Tape, Glove Box, Blow molded

products, etc.

0.65 - -7.17 - (7.17) - 109.52 636.54

4Sandhar Amkin

IndustriesHelmets 400.30 1.33 -297.81 (8.06) (350.11) (8.06) 762.00 1,754.03

5Sandhar Daeshin Auto

Systems Gear Shifter, Parking Brake - - -0.03 (0.38) (0.03) (0.38) 1.07 -

6Sandhar Daewha

Automotive Systems

Fuel Pump, Fuel/ Air Filter, Starter

Motor, Wiper Blade69.75 0.53 -80.30 (50.26) (162.88) (42.21) 1,482.31 2,346.80

7Sandhar Ecco Green

Energy Solar Power Plants 4.78 14.63 3.75 (7.63) 2.89 (10.50) 74.43 18.92

8Sandhar Han Shin

Automotive

Antenna Cable, HSD Cable, AVM

Cable- - -3.04 - (3.04) - 1.00 -

9Sandhar Han Shin

Auto Technologies - - - - (2.89) - (2.89) 1.00 -

10Sandhar Han Sung

Technologies

Relay's press parts, Electric switch

parts, other press parts891.57 721.69 -75.20 (59.98) (194.28) (134.52) 1,218.00 2,599.86

11Sandhar Whetron

Electronics

AVM Cameras, DVR, Blind Spot

Detection etc.16.62 0.36 13.67 (0.98) 6.88 (1.08) 683.07 834.13

12Winnercom Sandhar

Technologies

Shark-Fin Antenna, Micro-Pole

Antenna, Glass Antenna, Etc.- - (6.08) - (6.08) - 400.00 351.53

Total 3,704.70 2,338.25 (488.73) (170.68) (953.85) (354.50) 5,941.32 12,843.54

13

Shareholding Pattern December 19 vs December 18

December 2019

Share Price Movement

11.99%

70.25%

2.63%

15.13%

Retail Promoters FII Mutual Funds

13.45%

70.21%

3.48%

12.86%

Retail Promoters FII Mutual Funds

200

220

240

260

280

300

320

340

01-04-19 22-04-19 13-05-19 03-06-19 24-06-19 15-07-19 05-08-19 26-08-19 16-09-19 07-10-19 28-10-19 18-11-19 09-12-19 30-12-19 20-01-20

December 2018


Annual - Rs. 17.40 Crs Annual - Rs. 71.91 Crs Annual - Rs. 97.08 Crs

Annual - Rs. 27.08 Crs


* Includes BS-VI related New Business 125.21 Crs

Total:-Annual - Rs. 264.46 Crs*; FY20 (YTD DEC19): Rs. 11.91 Crs

Act Vs 66.72 Crs Bud.)


New Business Status

OHV – Rs. 29.78 Crs

14

THANK YOU

Documents

SANDHAR · 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’sability