PRITIKA AUTO INDUSTRIES LTD – Investor Presentation Summary

Key Operational Highlights

  • Production volumes increased by 21.61% year-on-year to 15,665 tonnes in Q2 FY27
  • For H1 FY27, production volumes rose by 18.86% to 30,033 tonnes
  • Key drivers: Healthy customer demand, improved execution, focus on scaling operations
  • Subsidiary Pritika Engineering Components Limited secured high-value export order from prominent European precision-engineering manufacturer based in Italy for specialized engineering components
  • KION USA order product approved by customer, regular production expected in 2027-28
  • Repeat and incremental business from established customers including Mahindra & Mahindra Swaraj and CNH Industrial

Segment-wise Performance

Not Specified

Financial Highlights

Q2 FY27 Performance:

  • Revenue: Rs. 153.19 crore
  • EBITDA: Rs. 21.21 crore
  • PAT: Rs. 7.43 crore
  • EPS: Not specified
  • EBITDA Margin: 13.85%
  • PAT Margin: 4.85%
  • YoY comparison: Revenue growth 31.55%, EBITDA growth 13.97%, PAT growth 12.41%
  • QoQ comparison: EBITDA margin improved to 13.85% from 13.45% in Q1 FY27

H1 FY27 Performance:

  • Revenue: Rs. 298.16 crore
  • EBITDA: Rs. 40.72 crore
  • PAT: Rs. 14.55 crore
  • EPS: Rs. 0.77
  • EBITDA Margin: 13.66%
  • PAT Margin: 4.88%
  • YoY comparison: Revenue growth 29.04%, EBITDA growth 12.93%, PAT growth 14.52%

Drivers of financial performance: Healthy demand from customer base, better business volumes, continued execution of existing programs

Key Risks: Elevated input costs impacting margins, evolving product mix

Geographical Revenue Split

Not Specified

Balance Sheet Snapshot

Not Specified

Capex & Cash Flow Health

Not Specified

Strategic & R&D Initiatives

  • Focus on customer diversification, product development and strengthening presence across domestic and international markets
  • Developing value-added products
  • Target to increase export contribution to revenues
  • Vision to achieve installed capacity of 1,00,000 tons of Machined Castings by 2028

Industry Trends & Business Environment

  • Broader automotive industry undergoing significant transformation with evolving requirements across conventional, electric and hybrid mobility platforms
  • Long-term growth expected in Earth Moving & CV Industry
  • Government's increase in load capacity per axle to boost demand for castings
  • Major modernization efforts in railways to boost demand in next decade
  • Increasing focus on infrastructure across industries, driving demand for castings
  • Increased tractor demand due to good farming conditions, government support, and market factors
  • India among the world's largest tractor markets

Management Commentary & Growth Outlook

Strategic Outlook: "We remain focused on cost optimisation, operational efficiencies and improving realisations to support a gradual improvement in our profitability profile"

Priorities for H2 FY27: Sustaining volume growth, improving capacity utilisation, enhancing operational efficiencies, maintaining disciplined approach to costs and working capital

Growth Opportunities: Leveraging precision engineering and manufacturing capabilities across specialized industrial applications, expanding international presence

Manufacturing Capacity

  • Total casting capacity: 6,000 MT/month across 5 manufacturing facilities
  • Plants located in Punjab and Himachal Pradesh
  • Integrated operations from casting to machining
  • Product portfolio includes Axle Housings, Wheel Housings, Hydraulic Lift Housings, End Cover, Plate Differential Carrier, Cylinder Blocks, Crank Cases

Key Customers

Supply to OEMs including M&M, Swaraj, TAFE, Escorts, SML Isuzu, TMTL, Ashok Leyland, New Holland Tractors India Ltd, Brakes India