April 2014

PROJECT SMAC

Opportunity To Acquire An Indian Auto Component Manufacturer
Private and Confidential






Private and Confidential
OPPORTUNITY OVERVIEW
Opportunity To Acquire An Indian Auto Component Manufacturer
TARGET OVERVIEW
The target is an India based group which is engaged in manufacturing of
sheet metal based auto components.
The group is tier I supplier of automotive stampings, tools & dies and other
assemblies to OEMs.
Number of Plants : 7
Employee strength : 700+
MANUFACTURING FACILITIES
1
2
3
BUSINESSES
6 manufacturing units
Single manufacturing
unit
Maharashtra
Gujarat
(USD Mn) FY12 FY13 FY14 E FY15 E FY16 E FY17 E FY18 E
Sales 34 40 46 53 61 70 81
Growth 17% 15% 15% 15% 15% 15%
EBITDA 3.3 4.0 4.6 5.2 5.9 6.6 7.4
Margin 9.6% 10.0% 10.0% 9.8% 9.6% 9.4% 9.2%
Sheet Metal Stamping
Toolroom & Stamping
Assembly
Page | 3
Other Assemblies &
Components
Private and Confidential
BUSINESSES
THE GROUP
Page | 4
Company 2
Toolroom & Stamping
Assembly

Sales: $3.6 Mn
EBITDA: $0.7 Mn

PRODUCTS: Tools, dies, Moulds,
Pressure die casting dies, Panel
Checkers, & Inspection/ welding
Fixtures
FACILITIES: Design, Simulation, CNC
programming, Reverse engineering
and coordinate measuring machine

FY13
{
Company 1
Sheet Metal Stamping

Sales: $22.6 Mn
EBITDA: $2.5 Mn
PRODUCTS
Long Member & Cross car Beam
Foot Control Assemblies: Break &
Clutch Paddle
Sheet Metal Stamping
Welding Assemblies
Seat Frame Assemblies

FY13 {
REVENUE MIX OF THE GROUP
Company 3
Other Assemblies &
Components

Sales: $13.8 Mn
EBITDA: $0.8 Mn
FY13
{
PRODUCTS


Load Body Fabrication
57%
9%
35%
Sheet Metal Stamping
Toolroom & Stamping Assembly
Other Assemblies & Components
Private and Confidential
CLIENTS
CLIENTS & FACILITIES
Page | 5
Private and Confidential
PRODUCT MIX
TATA MOTORS
SEAT FRAME COMPONENTS MAHINDRA GROUP
TATA MOTORS & FIAT GENERAL MOTORS
Page | 6