c: at rpg house worli, mumbai 400030, india...corporate service department, 1 st floor, p.j. towers,...

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June 11, 2019 BSE Limited, Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 Security Code: 500878 The National Stock Exchange of India Limited, Exchange Plaza, 3 rd Floor, Plot No. C/1, “G” Block, Bandra Kurla Complex, Bandra East, Mumbai 400 051 Symbol: CEATLTD Sub: Annual Investor Conference- Reg. 30 Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Company’s Policy on Determination of Materiality of Events, please find below the details of the Analyst/ Institutional Investors meet which will be participated by the Company along with the presentation to be made at the same: Date Particulars Location June 12, 2019 RPG Annual Investor Conference 2019 Mumbai Thanking you, Yours faithfully, For CEAT Limited Vallari Gupte Company Secretary & Compliance Officer Encl. As above C: AT CEAT Ltd. RPG House 463 Dr. Annie Besant Road, Worli, Mumbai 400030, India +91 22 24930621 CIN: L251 00MH1958PLC011041 www.ceat.com An R~G Company

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Page 1: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

June 11, 2019

BSE Limited, Corporate Service Department,

1st Floor, P.J. Towers,

Dalal Street, Mumbai 400 001

Security Code: 500878

The National Stock Exchange of India Limited, Exchange Plaza, 3rd Floor,

Plot No. C/1, “G” Block,

Bandra Kurla Complex, Bandra East,

Mumbai 400 051

Symbol: CEATLTD

Sub: Annual Investor Conference- Reg. 30

Dear Sir/Madam,

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 and the Company’s Policy on Determination of Materiality

of Events, please find below the details of the Analyst/ Institutional Investors meet which will be

participated by the Company along with the presentation to be made at the same:

Date Particulars Location

June 12, 2019 RPG Annual Investor Conference 2019

Mumbai

Thanking you,

Yours faithfully,

For CEAT Limited

Vallari Gupte

Company Secretary & Compliance Officer

Encl. As above

C: AT CEAT Ltd. RPG House 463 Dr. Annie Besant Road, Worli, Mumbai 400030, India +91 22 24930621 CIN: L251 00MH1958PLC011041 www.ceat.com

An ~» R~G Company

Page 2: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

CEAT

Annual Investor ConferenceJune 12, 2019

Page 3: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

Overview

2

✓ FY19 Sales at INR 6,985 Crore; 11.2% growth

✓ EBITDA at INR 663 Crore; margin at 9.5%

✓ PAT at INR 251 Crore; margin at 3.6%

✓ Debt / Equity ratio at 0.54x

Financial Update

CEAT became a

$1 Billion Revenue

Organization

FY 19 Revenue Breakup by Product

FY 19 Revenue Breakup by Market

Note : Consolidated revenue breakup

Truck and Buses, 31%

2/3 Wheelers, 31%

LCV, 12%

Passenger Cars / UV, 13%

Farm, 7%

Speciality, 6%

Exports, 14%

OEM, 31%Replacement, 55%

Page 4: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

Auto Sector Performance

3

7%20%

38%

-3% -2% -6% 2%-3% 0% -2% -1% -3% 3%

Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar FY19

Passenger Vehicles (YoY growth per month)

76%

43% 42%30% 30% 24% 25%

6%-8% 2% -3% 3%

18%

Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar FY19

Commercial Vehicles (YoY growth per month)

17%9%

22%

8%3% 4%

18%

7%-2% -6% -4% -17%

5%

Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar FY19

2-Wheelers (YoY growth per month)

Page 5: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

Strategy

4

Global Reach

Strong Brand

OEM RelationshipsDifferentiated Product

Extensive Distribution

World Class R&D

Page 6: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

Differentiated Products

5

1

130K Kms

140K Kms

Benchmark WinMile X3-D

CEAT

Gripp X3 Everlasting Grip Tyres

for motorcycles

Milaze X3Mileage up to

1,00,000 Kms for cars

WinMile X3-DBest mileage in

Long-haul for trucks

Page 7: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki
Page 8: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

Strong Brand

7

2

Continued association with Sports

Innovative Marketing

Cricket Association grows stronger… Official Partner of Torino FC

Page 9: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

Extensive Distribution

8

CEAT Shoppe Shop in Shop (SIS) Multi Brand Outlet CEAT Bike Shoppe

3

4500+Dealers

280+2W Distributors

500+ CEAT Franchisees

400+ MBO / SIS

212

464

612

FY12 FY15 FY19

CEAT District Coverage

Page 10: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

OEM Relationships

9

Excellence in Customer Delight

Top OEM Recognitions

Consistent High Performance

4

Hyundai Maruti Suzuki

OEM Relationships

KIA Motors Ford Hyundai Skoda Renault Nissan

Volkswagen Piaggio Peugeot TATA Motors HondaDaimler

Maruti Suzuki Ashok Leyland Eicher BajajDatsun Hero

Mahindra & Mahindra Escorts Royal Enfield SuzukiYamaha

Project entered/launched over last 18 months

Page 11: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

World Class R&D

10

State-of-the-Art R&D Center, Halol

5

R&D Office, Germany

▪ Significant investment on tyre testing infrastructure like Anechoic Chamber, Flat Track Test Machine

▪ Focus on upcoming technologies like Electric Vehicle, Sustainability and Smart Tyres

Page 12: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

Global Reach

11

Successful Launch in Europe

4 Season Drive &Endura Drive

Official Tyre Partner of Torino FC

6

Italy and Spain continue to perform well

✓ Exports to 90+ Countries in 7 clusters

✓ Sri Lanka: Leadership position in the market and with 50+% market share

✓ Entering other territories like Australia and New Zealand

Page 13: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

12

Growing Share of Passenger Segment

26%

14% FY10

45%

Revenue % from Passenger Car and 2/3 Wheeler

FY14

FY19

Page 14: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

13

Capacity Expansion – the Game Changer

1. 2-Wheeler includes outsourcing capacity

Total CAPEX of Rs. 4,000 Crore

Existing Additional

TBR 2,800 tyres/day at Halol1,400 tyres/day Rs. 1,000 Cr

PCR 28,000 tyres/day at Chennai20,000 tyres/day Rs. 2,050 Cr

2W¹ 50,000 tyres/day at Nagpur90,000 tyres/day Rs. 450 Cr

OHT 60 tons/day at Ambernath40 tons/day Rs. 500 Cr

Page 15: C: AT RPG House Worli, Mumbai 400030, India...Corporate Service Department, 1 st Floor, P.J. Towers, Dalal Street, Mumbai 400 001 ... Consistent High Performance 4 Hyundai Maruti Suzuki

Y O UT H A N K