rico auto industries limited investor presentation - july 2017.pdf · although rico auto industries...
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Web: www.ricoauto.in
RICO AUTO INDUSTRIES LIMITED
Investor PresentationJuly 2017
A world class integrated supplier ofAutomotive Components & Assemblies
Web: www.ricoauto.in
Emergency Evacuation Plan
Safety Is Our First Priority. Evacuate in case of emergency by hearing a
long hooter. Follow the following steps:
• Use the emergency exits and move
towards nearest Assembly Point No.-2 in
front of dispensary.
• During Plant Tour - Follow the host
Instruction to reach safely at emergency
exits.
• Follow Your host.
• Maintain distance from machines.
• Only follow the Red path designated for
walking
c
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All statements included or incorporated by reference in this presentation, other than statements orcharacterizations of historical fact, are forward-looking statements. These forward-looking statementsare based on our current expectations, estimates and projections about our industry, management'sbeliefs and certain assumptions made by us. Although Rico Auto Industries Limited believes that theexpectations reflected in such forward looking statements are reasonable, there can be no assurancethat such expectations will prove to be correct. Any forward-looking statement speaks only as of thedate on which such statement was made, and Rico Auto Industries Limited undertakes no obligation toupdate or revise any forward-looking statements, whether as a result of new information, future eventsor otherwise. No assurance can be given that actual results, performance or achievement expressed in,or implied by, forward looking statements within this disclosure will occur, or if they do, that anybenefits may be derived from them.
Safe Harbor Statement
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TABLE OF CONTENTKey Business Strategies
Vision, Strategies and Values
Strong Customer Value Chain & Milestones
Key Management
Geographical Presence
Product Divisions & Segments
Global Customers
Joint Ventures & Subsidiaries
After Market Initiative
Facilities & Infrastructure
R&D Capabilities
Organizational Structure
Financial Overview
Stock information
Awards & Recognition
CSR
04
05
07
09
11
12
16
17
20
23
27
35
36
38
39
40
Web: www.ricoauto.in
• Client engagementfrom concept tocompletion stage
• Strong in-house R&Dcapabilities.
• Long-establishedrelationship withOEMs.
Preferred partnerto OEMs
• Proximity of itsplants to the OEMs.
• Just in timeapproach
• Last MileConnectivity foroverseas customers
Strategicallylocated plants
• Excellence inengineering criticalproducts.
• Strong focus onproduct & processinnovation.
4 decades ofExecution Experience
Extensive productportfolio :
• Passenger vehicles,
• Commercial /Off Road Vehicles
• 2 Wheelers
• System Suppliers
• Balanced business:Segments / Geography
De-risked BusinessModel
Key Business Strategies
Web: www.ricoauto.in
6
To be the preferred supplier to OEM’s across the Globe.Vision
Strategies
RICO AUTO INDUSTRIES LIMITEDNext >
Preferred SupplierCustomer Focused Enterprise,Efficient Account, Program &Launch Management
GlobalizationGlobal Teams, Global Presence &Scale
World Class QualityISO TS 16949, ISO 14001, OHSAS18001
Integrated Services -Concept to DeliveryDesign, & Development , Testing& Validation, Tooling &Prototyping, Casting(Aluminum& Ferrous), Machining &Assembly, Logistics Management
PeopleTraining, Skill Building,Empowerment and Leadership
Shareholder ValueFocus on return on CapitalEmployed Consistent DividendDistribution
Web: www.ricoauto.in
ET
IC
EX
ENTREPRENEURSHIPThe power of persuing new challengeswith speed, flexibility and ownership
TEAMWORKThe power of working together
INTEGRITYThe power of honesty andtransparency
COMMITMENTThe power of responsibility,accountability and ownership
EXCELLENCEThe power of being the best
Core Values
Web: www.ricoauto.in
Strong Customer Value Chain
R&D - Design Development, Validation & Testing
Engineering CAD CAM CAE
Manufacturing - Dies & Tooling
Casting - Aluminum & Ferrous
Manufacturing & Process Engineering
Machining & Assembly
Logistic Management
Concept tocompletion
Web: www.ricoauto.in
R&D Center StartedAdded Customers – NISSAN, TATA, Perkins2004-06
Technical Collaboration FCC JapanCommercial Production Started (1986)Aluminum Die Casting & Machining (Dharuhera)Focus – Hero Honda & Maruti Suzuki
1985-86
ISO 9000
International Market OEM Supplier – MEC JapanFerrous Casting & Machining (Gurgaon)Focus – Maruti Suzuki
1990-92
QS 9000
TS 16949ISO 14001 OHSAS 18001
FORD Q1CAT SQEP-Bronze
Full Service Engineering Design DevelopmentAdded Customers – FORD, Landrover, Jaguar2000-02
JV (50:50) FCC RICO (Clutch Assembly)Started Exports – GM, Eaton, Cummins
1994-96
Aluminium Die Casting & Machining (Gurgaon)1999-00
Enhanced Ferrous and Aluminum CapacityAdded Customers – GM, Caterpillar, Honeywell, Detroit Diesel, Volvo
2003-04
JV with MAGNA Powertrain (Oil Pump, Water Pump)JV with Jinfei China (Aluminum Alloy Wheels – 2 Wheelers)Added Customers – JATCO, Magna, Renault, BMW
2007-09
2010-14 Added new facilities - Plants At Bhiwadi, Sanand, & HaridwarAdded Customers – Musashi, GKN, Toyota, VW, Kohler, Avtec.
Added new facilities- Plants At Bawal & ChennaiAdded Customers – Bentley, PSA.
2015-17 VDA 6.3CAT SQEP-Silver
The Journey So Far
GM QSB
Web: www.ricoauto.in
Arvind KapurChairman, CEO & Managing Director
Board of Directors
Arun KapurJoint Managing Director
Upasana KapurNon-executive director
Rakesh Kapurnon-executive director
Vinod Kumar NagarIndependent Director
Rajeev KapoorIndependent Director
Satish SekhriIndependent Director
Dr. Ashok SethIndependent Director
Amarjit ChopraIndependent Director
Kanwal MongaIndependent Director
Web: www.ricoauto.in11
Management Team
N. K. SethiManagement Advisor
O. P. AggarwalFinancial Advisor
Advisory Committee
B. M. JhambCompany Secretary
Company Secretary
SurendraSingh
President & COO
Rakesh SharmaVice President
Finance
R. K. MiglaniVice President
Operations
M. K. JainVice President
(Corporate Quality)
R. DharnaVice President
Operations
Sandeep RajpalVice President
Marketing
Abhishek KulshresthaVice President (Procurement,Vendor Devp. & After Market.)
Web: www.ricoauto.in
15 Acres 27 Acres
GURGAON(Corporate, R&D, Tool
Manufacturing, Ferrous Casting, Al.HPDC, Machining)
2 Acres
HARIDWAR(Al. HPDC, Machining)
12 Acres
CHENNAI(Al. HPDC, Machining)
BHIWADI / PATHREDI(Machining)
12 Acres
5.5 Acres
SANAND(Al. HPDC, Machining)
BAWAL(Al. HPDC, Machining)
DHARUHERA(Al. HPDC, Machining)
5 Acres
5 Acres
MANESAR(Al. GDC, Machining)
Manufacturing Locations - 14
Web: www.ricoauto.in
35%
46%
19%
Engine Transmission Chassis Suspension & Braking System
Group Revenue – Product Segment Wise
Web: www.ricoauto.in
Domestic73%
Exports27%
Domestic Exports
Ferrous29%
Aluminum Ferrous
Aluminium71%
Revenue – Product Segment
Web: www.ricoauto.in
Engine Business
Engine Block(Renault, Tata)
Case Chain/ Case Timing(Honda, Renault, Suzuki)
Oil Pan(Suzuki, Honda, GM, Tata )
Bearing Cap(Renault, Cummins )
Exhaust Manifold(Renault, Nissan, Suzuki)
Turbo Outlet(Renault)
EGR Pipe(Renault)
Assy. Cover CylinderHead (Suzuki, GM)
Balancer Shaft(GM)
Cam Cap Support / LadderFrame (Renault, Suzuki)
Engine & SupportBrackets (Suzuki,
Renault, VW, Volvo)
Turbine/ Center Hsg(Nissan, Tata, GM, Suzuki, Fiat,
Honda, Ford, Hyundai, JCB)
Web: www.ricoauto.in
Transmission Business
Transmission Case(Eaton, Renault, Suzuki )
Shifter Forks(Suzuki)
Differential Case & Housing(BMW, GKN, Suzuki, Ford, Honda)
Clutch Housing(Renault , Eaton )
Clutch Plate(Eaton)
Ground Sleeve & Shaft(Allison )
Retainer Bearing(Jatco)
Web: www.ricoauto.in
Four Wheelers
System Supplier
Two Wheelers
Global Customers
Web: www.ricoauto.in
Oil PumpWater Pump(Automotive Engines)(India & Europe)
50% : 50%
Year FY 15-16 FY 16-17
Oil & Water Pump Assemblies( Nos in Mn) 28%
Turnover (INR CR)
Magna – Rico (Joint Venture)
Web: www.ricoauto.in
Aluminum Alloy WheelsTwo Wheelers
93.49% : 6.51%
Year FY 15-16 FY 16-17
Alloy Wheels5.4%
Turnover INR CR
Rico Jinfei (Joint Venture)
Web: www.ricoauto.in
AAN ENGINEERING INDUSTRIES LTD.
Enlisted and Registered with DGS&D, & DPSU’s (HAL, HVF, ECIL )
Year FY 15-16 FY 16-17
Turnover (INR CR)
AAN – DefenseVertical
Web: www.ricoauto.in
o Aftermarket BusinessInitiated on 20th May’2017
o First Phase – 2W Range
o Second Phase – 4WRange from Jan.’2018
After Market Initiative
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Product Spectrum
After Market Initiative
Web: www.ricoauto.in
o Turbo Manifoldso Water-cooled Bearing Housingo Clutches for Motorcycleso CVT for Scooters
o Motors - Covers & Housingso Transmission - Housings & Diff Caseso Light Weighting – Structural Parts
o Stainless Steelo Low Si Cu Mg Alloy (Rico Spec)
Electric Programs
Products
New Metallurgy
New Technology Foray
Web: www.ricoauto.in
Over 100 High Pressure Die Casting Machines (upto 2500 Tns Locking Force)Largest High Pressure Die Casting Capacity in India including GDC & LPDC.
Aluminum
Web: www.ricoauto.in
4 Molding Lines - 2 DISA & 2 Horizontal (SINTO & DISA)Vertical Size ( 650 * 535 * 130~330) & Horizontal Size ( 610 * 510 * 200+200)
Material: Gray (FC), Ductile (FCD), SiMo, SiMo Chrome
Ferrous
Web: www.ricoauto.in
Over 2000 Machines (CNCs & SPMs)One of the Largest Machining Facility in India
Over 50% of Our Product Range is with Assemblies
Machining & Assemblies
Web: www.ricoauto.in
PATHREDI ( near Bhiwadi )
New Iron Foundry & Machine ShopTarget – June 2018
BAWAL
New Machine Shop ReadyAluminium Casting Shop Expansion - July 2017
CHENNAI
Aluminium Casting & Machine Shop ExpansionTarget - August 2017
Expansion Plans
Web: www.ricoauto.in
Capabilities (Over 60 Seats)
CAD – CAMNX, Pro E, Catia, C3P, Ideas, Vericut
CAE - FEA, CFD, Ansys, FCX, MSC Fatigue
Magmasoft, 3D Printing
Advantages
Concurrent Engineering with Customers
Inhouse Designing, Prototyping & Special CNC MachineBuilding
Shorter development time.
R & D / Engineering
Web: www.ricoauto.in
Process Change – GDC to HPDCWeight Reduction – 0.55 Kg
Quality ImprovementWeight Reduction – 0.50 Kg
Process Change – GDC to HPDCWeight Reduction – 1.80 Kg
Process Change – GDC to HPDCWeight Reduction – 0.85 Kg
Machining Elimination
Process Change
Weight Reduction
Quality Improvement
Machining elimination
Product Optimization
Web: www.ricoauto.in
Product Optimization
OLD PART WT1.100 Kg
NEW PART WT0.810 Kg
o PART PRODUCED IN HPDC PROCESo MEETING POROSITY REQUIREMENTSo MEETING STRENGTH REQUIREMENT
NTA BRACKET
Web: www.ricoauto.in
Design & Manufacturing
o Dies for HPDC Critical Parts upto 2500 To Dies for LPDC & GDC dies.
Tools & Die Manufacturing
Manufacture over 250 Dies & Patterns and 800 Die Inserts Annually
Web: www.ricoauto.in
SIAM Projections - Auto Industry
Overall9-12%
Scooters15-18%
Motorcycle7-9 %
6-9 %
PV
9-12 %
M&HCVs
6-9 %
LCV
Two Wheelers
Impact of GST Implementation is yet to be ascertained.
Web: www.ricoauto.in
Organizational Structure
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Financial Review
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Financial Review
Web: www.ricoauto.in
Stock InformationStock Data
50.10%43.26%
6.64%
Promoters
Others
Institutions
Shareholding PatternMarket Cap 878.00
(in Crs.) (as on July 10, 2017)
Stock Price 64.90(as on July 10, 2017)
52 Week (High / Low) 75.25 / 40.35
NSE / BSE RICOAUTO / 520008
No. of Shares Outstanding 13,52,85,000
Free Float 48.88%
Stock Performance (as on July 10th, 2017)
Web: www.ricoauto.in
Awards & Recognition
Web: www.ricoauto.in
Corporate Social Responsibility
Enhancing EnvironmentalSustainability
Supporting RuralDevelopment
Providing PreventiveHealth Care
Promoting Girls Education& Skill Development
Promoting “ Cleanliness &Sanitation” in Rural areas
Web: www.ricoauto.in
Corporate Social Responsibility
Eye Checkup Camp for External VehicleOperator
10th Jan 2017
Jan. 2017
Joy of Giving
Distributed Lunch Box, Water Bottle, Softtoys, Winter Clothes & bags
CSR Project Sites
Ongoing CSR siteGovt. Middle School , Village
Jiwana
Inauguration Ceremony of CSR SiteOn 25th July 2016
Ride Safe Program
Ride Safe Program with HERO MotoCorp12th Jan 2017
Create With Joy Workshop21st January 2017
Toilet Facility Provided inPHC of Banipur
Govt. School , VillageMalpura
Govt. Middle School ,Village Chaupanki
Step Up Education Facility For NathupurSlum Area operated by HPPI
Oct 2nd – Oct 8th
Web: www.ricoauto.in
Induction Training – “Parichay” Company Wide Training – “Jagriti” Kaizen Award Ceremony
Best Work Place - Competition
Long Service AwardsSports Competition Yoga Training
Employees Children Safety Competition
Health Awareness Camp
Family Connect Program
Organizational HR / IR InitiativesEmployee Engagement & Nurturing Harmony
Web: www.ricoauto.in
Thanks
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