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For the complete report, get in touch with us at : [email protected] The Bearings Market inIndiais part of Netscribes’ Manufacturing Series reports. Infrastructure expansion coupled with industrial growth will have a favorable impact on the Indian bearings market. The report begins with an overview of the major macro economic indicators which highlights the present economic scenario prevalent inIndia. It is followed by an introduction section provides a classification of the Indian bearings market. It also includes a snapshot of the different categories of bearings that find an extensive application in the In dian market. The market overview section begins with an overview of the market structure of the Indian bearings market. This section provides a brief snapshot of the Indian bearings industry. It also contains a brief description of the after market supply chain of the Indian bearings market. The next section provides a brief description of the bearing manufacturing process including the major operations used in bearings production. The report then focuses on the major production hubs for bearings and the hubs for manufacturing bearings components inIndia It also provides detailed information about the exports and imports of bearings inIndiain terms of value. Factors driving the growth of bearings market inIndiaare also explained in detail. Growing demand for automobiles and auto components are one the major factors influencing the growth of the bearings market. Increased investment in wind turbines inIndiaprovides a major opportunity for market growth. Robust construction & mining equipment market has also facilitated further development of the market. Expanding railway sector boosts the demand for bearings in the market. Healthy economic outlook also stimulates the growth of the Indian bearings industry.
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Bearings Market – India
February 2013
2
Executive Summary
Market
Drivers & Challenges
Trends
Competitive Landscape
Bearings market in India is expected to witness robust growth owing to huge investments in infrastructure by the government
Global collaborationChanging customer preferencesFocus on technology development
Drivers•Growing demand for automobiles and auto components
• Increased investment in wind turbines•Robust construction & mining equipment market
•Expanding railway sector•Well established foundry industry •Healthy economic outlook
Challenges•Counterfeit products•Stiff competition in the market •Rise in steel price
Major Players
Company 1 Company 2
Company 3 Company 4
Company 5 Company 6
BEARINGS MARKET IN INDIA 2013.PPT
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•Macro Economic Indicators
•Introduction
•Market Overview
•Bearings Manufacturing Process
•Bearing Hubs
•Export ‐ Import
•Drivers and Challenges
•Trends
•Competitive Landscape
•Strategic Initiatives
•Appendix
BEARINGS MARKET IN INDIA 2013.PPT
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Macro Economic Indicators (1/3)
z4
INR tn
14
12
11
10Q‐
13
y4
k3
k2
z2
y1 k4z1
k1
Q‐
x2y2
z3
y3x1
Q ‐ Q‐
20‐‐20‐‐ 20‐‐20‐‐
GDP at Factor Cost: X
Inflation Rate: Y
0.0
0.2
0.4
0.6
0.8
1.0
%
20‐‐
x5
20‐‐
x4
20‐‐
x3
20‐‐
x2
20‐‐
x1
BEARINGS MARKET IN INDIA 2013.PPT
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Focus on infrastructure development presents a huge growth opportunity to the Indian bearings market
Bearings Market India – Overview
Market Size & Growth
• Bearings market in India is characterized by the presence of a large number of established domestic and foreign players leading to high competitive rivalry
•Unorganized sector of the Indian bearings industry primarily caters to the requirement of the replacement market
• Growing demand from diverse sectors is expected to ensure a robust market growth
Bearing Market Structure (20‐‐)
x1
x2
BA
0
50
100
150Z%
INR bn
20‐‐e20‐‐e
x6
x3
20‐‐e20‐‐
x5
x2
20‐‐e20‐‐
x4
x1
BEARINGS MARKET IN INDIA 2013.PPT
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Despite steady growth in exports, India continues to remain import…
Total ExportsCountry wise Exports
(20‐‐)
• Point 1
• Point 2
0
5
10
15
20
INR bn
20‐‐
x2
20‐‐
x1
Z%
20‐‐
x4
20‐‐
x3
Exports – X Bearings
x7
x3
x6
x2
x5
x1
x4Others
Country 4
Country 6
Country 3
Country 2
Country 5
Country 1
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Drivers & Challenges – Summary
Drivers
Growing Demand for Automobiles and Auto Components
Increased Investment in Wind Turbines
Robust Construction & Mining Equipment Market
Expanding Railway Sector
Well Established Foundry Industry
Healthy Economic Outlook
Challenges
Counterfeit Products
Stiff Competition in the Market
Rise in Steel Price
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Growing Demand for Automobiles and Auto Components
Automotive sector in India accounts for the largest share in demand of bearings in the Indian market
Impact
Automotive – Share of Bearings DemandGrowing Demand for Automobiles
• Finding 1• Finding 2
y1
y2
BA
Point 1
BEARINGS MARKET IN INDIA 2013.PPT
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10,000
20,000
30,000
40,000
50,000
x3x2
000’ units
20‐‐e20‐‐e20‐‐
Z%x5
20‐‐
x4
20‐‐
x1
9
Trends – Summary
Key Trends
Global Collaboration
Focus on Technology Development
Changing Customer Preferences
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Players operating in the market are focusing on alliances with global majors to strengthen their market presence
Collaboration with global
players to drive market growth
• Point 1• Point 2• Point 3
Global Collaboration
Company Collaboration
Company 1 Company 1
Company 2 Company 2
Company 3 Company 3
Company 4 Company 4
Company 5 Company 5
Company 6 Company 6
Company 7 Company 7
Company 8 Company 8
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Competitive Benchmarking (1/5)
Public Trading Comparables (FY 20‐‐)
Company 3Company 2Company 1
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‐
‐
‐
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‐
‐
‐
‐
‐
‐
‐Market Capitalization (INR mn)
Share Price (INR)
EV/EBITDA (x)
EV/Revenue (x)
PE Ratio
BEARINGS MARKET IN INDIA 2013.PPT
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Public: Domestic Company – Company 1 (1/4)
Key People
Products and Services
Company Information Offices and Centres – India
Category Products/Services
Segment Product 1, product 2, product 3,………………….
Others Product 1, product 2, product 3………
Name Designation
Person 1 Designation
Person 2 Designation
Person 3 Designation
Person 4 Designation
Head Office
Corporate Address Address
Tel No. 91 ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
Fax No. 91 ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
Website website
Year of Incorporation 19‐‐
Ticker Symbol ‐‐‐‐‐‐
Stock Exchange ‐‐‐
BEARINGS MARKET IN INDIA 2013.PPT
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Financial Snapshot Key Ratios
Financial Summary
• The company earned a net profit of INR x mn in FY 20‐‐, as compared to net profit of INR y mn in FY 20‐‐
• The company reported total Income of INR x mn in FY 20‐‐registering an increase of x% over FY 20‐‐
• The company earned an operating margin of x% in FY 20‐‐, a decrease of y percentage points over FY 20‐‐
• The company reported debt to equity ratio of x in FY 20‐‐, an increase of y% over FY 20‐‐
Financial Summary
Indicators Value Market Capitalization (INR) ‐
Total Enterprise Value (INR) ‐
EPS (INR) ‐PE Ratio (Absolute) ‐
Particulars y‐o‐y change
(20‐‐‐‐)20‐‐ 20‐‐ 20‐‐ 20‐‐
Profitability RatiosOperating Margin ‐ ‐ ‐ ‐ ‐‐
Net Margin ‐ ‐ ‐ ‐ ‐
Profit Before Tax Margin ‐ ‐ ‐ ‐ ‐
Return on Equity ‐ ‐ ‐ ‐ ‐
Return on Capital Employed ‐ ‐ ‐ ‐ ‐
Return on Working Capital ‐ ‐ ‐ ‐ ‐
Return on Assets ‐ ‐ ‐ ‐ ‐
Return on Fixed Assets ‐ ‐ ‐ ‐ ‐
Cost RatiosOperating costs (% of Sales) ‐ ‐ ‐ ‐ ‐
Administration costs (% of Sales)
‐ ‐ ‐ ‐ ‐
Interest costs (% of Sales) ‐ ‐ ‐ ‐ ‐
Liquidity RatiosCurrent Ratio ‐ ‐ ‐ ‐ ‐
Cash Ratio ‐ ‐ ‐ ‐ ‐
Leverage RatiosDebt to Equity Ratio ‐ ‐ ‐ ‐ ‐
Debt to Capital Ratio ‐ ‐ ‐ ‐ ‐
Interest Coverage Ratio ‐ ‐ ‐ ‐ ‐
Efficiency RatiosFixed Asset Turnover ‐ ‐ ‐ ‐ ‐
Asset Turnover ‐ ‐ ‐ ‐ ‐
Current Asset Turnover ‐ ‐ ‐ ‐ ‐
Working Capital Turnover ‐ ‐ ‐ ‐ ‐
Capital Employed Turnover ‐ ‐ ‐ ‐ ‐
Profit / Loss
Total Income
0
5,000
10,000
0
200
400
600
ProfitINR mn
Total IncomeINR mn
x4
20‐‐
y3
20‐‐
x3
20‐‐ 20‐‐
y1
x1
y2
y4
x2
Public: Domestic Company – Company 1 (2/3)
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Key Business Segments Key Geographic Segments
Business Highlights
Public: Domestic Company – Company 1 (3/4)
Description News
Overview• A leading manufacturer of bearings conforming to stringent global standards and is a leading supplier to the automotive industry in both the domestic and the foreign market
Company Network
• Company has a vast distributor and dealer network spanning across x states and y districts
• Distributor network of the company is also present in Country 1, Country 2and Country 3 to service after market
Alliance• In 19‐‐, company entered into a X alliance with Company 2 and obtained Y from Company 3
0%
50%
100%
x1
20‐‐
A
0%
20%
40%
60%
80%
100%
y1
20‐‐
X
Country 1 is the only geographic segment in which
the company operates
Company operates under a single large segment in India
BEARINGS MARKET IN INDIA 2013.PPT
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Public: Domestic Company – Company 1 (4/4)
•XX •XX
•XX •XX
BEARINGS MARKET IN INDIA 2013.PPT
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