Slide 1: Exchange filing cover letter for earnings presentation
Ref: CEL/NSEBSE/EP/23052024 23rd May, 2024 To, Listing Department, Department of Corporate Services – Listing, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Re: Scrip Symbol: C
Slide 2: Earnings Presentation Q4-FY24/FY24
EARNINGS PRESENTATION Q4-FY24/FY24
Slide 3: Snapshot
Snapshot 25+ years of domain expertise in Global Operations with strong Concept to Commissioning 1,800 Employees Electronics Design & Manufacturing presence in India, Europe and North capabilities 650 Designers Solutions America Flexible Engagement Models Strong Supply Chain Network Strong relations
Slide 4: Company Overview
Company Overview • Founded in 1993, Centum Electronics Limited FY24 Key Business Segments: (Centum) is one of the largest Electronics System Operational Income (In Mn) and EBITDA • Engineering R&D (ER&D) Services (31%) – Involves Design and Manufacturing (ESDM) companies in conceptualizing and desig
Slide 5: Q4-FY24/FY24 Financial Overview
Q4-FY24/ FY24 FINANCIAL OVERVIEW
Slide 6: Q4-FY24/FY24 Financial Highlights
Q4-FY24/ FY24 Financial Highlights Q4-FY24 Standalone Performance: Q4-FY24 Consolidated Performance: • Operational Income: INR 1,685 Mn • Operational Income: INR 2,969 Mn • Operational EBITDA: INR 170 Mn • Operational EBITDA: INR 180 Mn • Operational EBITDA Margin %: 10.09% • Operational EBITDA Marg
Slide 7: Q4-FY24 Consolidated Financial Performance
Q4-FY24 Consolidated Financial Performance EBITDA (INR Mn) Revenue from Operations (INR Mn) 3,163 3 ,5 0 6 0 3 ,0 0 2,982 2,969 503 5 0 2 ,5 0 4 0 288 2 ,0 0 3 0 1 ,5 0 2 0 180 1 ,0 0 1 0 5 0 - 0 Q4-FY23 Q3-FY24 Q4-FY24 Q4-FY23 Q3-FY24 Q4-FY24 PAT (INR Mn) EBITDA Margin (%) 15.90% 3 0 258 2 5 0 9.66
Slide 8: Q4-FY24/FY24 Operational Highlights
Q4-FY24/FY24 Operational Highlights • As a major milestone, Consolidated Revenue from Operations for the full year FY24 crossed the INR 10,000 Mn mark for the first time ever, by growing 18% YoY • Strong Financial Performance in FY24 on a Standalone basis with revenue from operations growing by 26%
Slide 9: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Operational Revenue 1,685 1,952 (13.7)% 1,763 (4.4)% Total Expenses 1,515 1,573 (3.7)% 1,539 (1.6)% EBITDA 170 379 (55.1)% 224 (24.1)% EBITDA Margins (%) 10.09% 19.42% (933) bps 12.71% (262) bps Other
Slide 10: Annual Standalone Financial Performance
Annual Standalone Financial Performance Particulars (INR Mn) FY24 FY23 Y-o-Y Operational Income 6,328 5,006 26.4% Total Expenses 5,541 4,470 24.0% EBITDA 787 536 46.8% EBITDA Margins (%) 12.44% 10.71% 173 bps Other Income 67 47 42.6% Depreciation 184 162 13.6% Finance Cost 180 157 14.6% PBT 490 264
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Operational Revenue 2,969 3,163 (6.1)% 2,982 (0.4)% Total Expenses 2,789 2,660 4.8% 2,694 3.5% EBITDA 180 503 (64.2)% 288 (37.5)% EBITDA Margins (%) 6.06% 15.90% (984) bps 9.66% (360) bps Other Inco
Slide 12: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance Particulars (INR Mn) FY24 FY23 Y-o-Y Operational Revenue 10,908 9,230 18.2% Total Expenses 10,049 8,468 18.7% EBITDA 859 762 12.7% EBITDA Margins (%) 7.87% 8.26% (83) bps Other Income 68 59 15.3% Depreciation 453 438 3.4% Finance Cost 346 273 26.7% Share of
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY21 FY22 FY23 FY24 Operational Revenue 4,245 3,480 5,006 6,328 Total Expenses 3,621 3,055 4,470 5,541 EBITDA 624 425 536 787 EBITDA Margins (%) 14.70% 12.21% 10.71% 12.44% Other Income 39 58 47 67 Depreciation 158 165 162 184 Finance Cost
Slide 14: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,120 2,219 2,480 Equity 2, 645 2,826 3,124 (a) Property, Plant & Equipment 1,033 993 1,053 (a) Share Capital 129 129 129 (b) Capital Work in progress - 5
Slide 15: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY21 FY22 FY23 FY24 Operational Revenue 8,174 7,799 9,230 10,908 Total Expenses 7,279 7,057 8,468 10,049 EBITDA 895 742 762 859 EBITDA Margins (%) 10.95% 9.52% 8.26% 7.87% Other Income 58 80 59 68 Depreciation 453 432 438 453 Finance Cost
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 3,356 3,360 3,038 (1) Equity 1,985 2,040 1,967 (a) Property, Plant and Equipment 1,120 1,071 1,126 (a) Equity share capital 129 129 129 (b) Capital
Slide 17: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue PAT & PAT Margins (%) EBITDA & EBITDA Margins (%) 1.47% 10,908 2. 00% 895 0.73% 1 5 0 859 15. 00% 9,230 1 0 1. 00% 762 120 9 0 8,174 742 67 13. 00% 5 0 7,799 -0.26% 0. 00% 8 0 - 11. 00% - 1.00 % FY21 FY22 FY23 FY24 7 0 10.95% - 5 0 -28 9. 00% 6 0
Slide 18: Capital Market Data
Capital Market Data 1 Year Stock Performance upto 31st March,2024 170% 150% Centum Sensex 130% 110% 90% 70% 50% 30% 10% -10% -30% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Price Data (As on 31st March, 2024) Shareholding Pattern (As on 31st March,2024
Slide 19: Disclaimer
Disclaimer Centum Electronics Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all eve