About Hella India Lighting Unlisted Shares

1. Hella ​India Lighting is the Indian arm of German automotive lighting major, Hella. HELLA is known for setting global standards for quality, customer orientation and has created a niche for itself in both international and domestic market as a supplier to leading vehicle manufacturers. HELLA has an experience of over 50 years of its presence in Indian market as it entered Into JV with JMA Industries in the year 1959. HELLA India Lighting Ltd. was established as 81% subsidiary of HELLA GmbH & Co. KGaA of Germany in 2005 by ending the JV JMA Industries.

2. Hella India Lighting basically provides Projector Lamps, LED Lamps, Auxillary Lamps, Lubricants, Spark Plugs and Coolants diretcly to OEMs and in the aftermarket. OEM means they provide directly to original manufacturers such as Maruti, Tata Motors etc. And, after market is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.

3. It was delisted in the year 2015 at Rs.52.39 per share. This is the exit price offered by the company and same was accepted by the shareholders.

4. Revenue of the company has increased from mere 50 Crores in 2011 to 196 Crores in 2021. However, from 2019 to 2021 period, the revenue has reduced from 200 Crores to 196 Crores. The main reason for reduction in the revenue is slowdown in the automobile industry, as Hella India Lightning mainly supply automotive products.

5. Hella India Automotive Private Limited holds ~31% and Holding company Hella Holding International, GmbH Holds 69% shares.

6. Products of the Hella Lightning

7. New Issuance of Shares by Hella India on 08.08.2023

a) The Company issued Equity Shares to Hella Holding International Gmbh, a member of the promoter group.

b) The purpose was to raise capital to buy out minority shareholders of the Company.

c) This was done following the Composite Scheme's approval with the National Company Law Tribunal (NCLT).

d) From this issuance, the Company received ₹54,45,80,618.

e) 5,52,313 equity shares were issued at ₹986/- per share (including a premium).

f) On 8th August 2023, these shares were allotted to Hella Holding International Gmbh.

g) The raised funds will be invested in Fixed Deposits with Deutsche Bank until further directions from the NCLT.

Hella India Unlisted Share Key Highlights from FY21-22 Business Performance

1. In FY21-22, Hella India has started to provide LED Front Lightning Systems to 2W Electric Vehicle by entering in partnership with 5 OEMSs.

2. First time ever a LED Head Lamp in popular 5.75” size was locally developed and manufacturing at their Derabassi Plant by Hella India.

3. With the help of Hella Sales Company in the USA, Hella India also bought and successfully launched LED Marker lamps for Global Business to a very promising Global EV OEM in the USA.

4. In Aftermarket Business Division, a full range of filters and lubricants for 2 wheelers and cars was launched with zest and fervour. Bulb for 2 wheelers, Wave 95 Dia Horn, Aux Lamp Black Magic Series and Commercial Vehicle head Lamp upgrades were also added to the HELLA repertoire.

5. In August 2021, The Great Place To Work Institute, in their special study, recognised Hella India Leadership practices as “India’s Best Leaders in Times of Crisis 2021”, in the mid-size category.

Financial Performance of Hella India Unlisted Share

1. The revenue has increased from 195 Crores in Fy21 to 305 Crores in Fy22.

2. Gross margins in the business is 45% in FY22.

3. EBITDA for FY22 stands at 40 Crores up from 17 Crores in Fy21.

4. PAT has increased from just 3 lacs in Fy21 to 16 Crores in FY22.

5. EPS for Fy22 is Rs.50 per share.

6. M.cap = 126 Crores at Rs.400 per share

About Hella India Lighting Unlisted Shares

1. Hella ​India Lighting is the Indian arm of German automotive lighting major, Hella. HELLA is known for setting global standards for quality, customer orientation and has created a niche for itself in both international and domestic market as a supplier to leading vehicle manufacturers. HELLA has an experience of over 50 years of its presence in Indian market as it entered Into JV with JMA Industries in the year 1959. HELLA India Lighting Ltd. was established as 81% subsidiary of HELLA GmbH & Co. KGaA of Germany in 2005 by ending the JV JMA Industries.

2. Hella India Lighting basically provides Projector Lamps, LED Lamps, Auxillary Lamps, Lubricants, Spark Plugs and Coolants diretcly to OEMs and in the aftermarket. OEM means they provide directly to original manufacturers such as Maruti, Tata Motors etc. And, after market is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.

3. It was delisted in the year 2015 at Rs.52.39 per share. This is the exit price offered by the company and same was accepted by the shareholders.

4. Revenue of the company has increased from mere 50 Crores in 2011 to 196 Crores in 2021. However, from 2019 to 2021 period, the revenue has reduced from 200 Crores to 196 Crores. The main reason for reduction in the revenue is slowdown in the automobile industry, as Hella India Lightning mainly supply automotive products.

5. Hella India Automotive Private Limited holds ~31% and Holding company Hella Holding International, GmbH Holds 69% shares.

6. Products of the Hella Lightning

7. New Issuance of Shares by Hella India on 08.08.2023

a) The Company issued Equity Shares to Hella Holding International Gmbh, a member of the promoter group.

b) The purpose was to raise capital to buy out minority shareholders of the Company.

c) This was done following the Composite Scheme's approval with the National Company Law Tribunal (NCLT).

d) From this issuance, the Company received ₹54,45,80,618.

e) 5,52,313 equity shares were issued at ₹986/- per share (including a premium).

f) On 8th August 2023, these shares were allotted to Hella Holding International Gmbh.

g) The raised funds will be invested in Fixed Deposits with Deutsche Bank until further directions from the NCLT.

Hella India Unlisted Share Key Highlights from FY21-22 Business Performance

1. In FY21-22, Hella India has started to provide LED Front Lightning Systems to 2W Electric Vehicle by entering in partnership with 5 OEMSs.

2. First time ever a LED Head Lamp in popular 5.75” size was locally developed and manufacturing at their Derabassi Plant by Hella India.

3. With the help of Hella Sales Company in the USA, Hella India also bought and successfully launched LED Marker lamps for Global Business to a very promising Global EV OEM in the USA.

4. In Aftermarket Business Division, a full range of filters and lubricants for 2 wheelers and cars was launched with zest and fervour. Bulb for 2 wheelers, Wave 95 Dia Horn, Aux Lamp Black Magic Series and Commercial Vehicle head Lamp upgrades were also added to the HELLA repertoire.

5. In August 2021, The Great Place To Work Institute, in their special study, recognised Hella India Leadership practices as “India’s Best Leaders in Times of Crisis 2021”, in the mid-size category.

Financial Performance of Hella India Unlisted Share

1. The revenue has increased from 195 Crores in Fy21 to 305 Crores in Fy22.

2. Gross margins in the business is 45% in FY22.

3. EBITDA for FY22 stands at 40 Crores up from 17 Crores in Fy21.

4. PAT has increased from just 3 lacs in Fy21 to 16 Crores in FY22.

5. EPS for Fy22 is Rs.50 per share.

6. M.cap = 126 Crores at Rs.400 per share