Slide 1: Earnings Call Presentation (Sept'24)
Earnings Call Presentation (Sept’24) (29/10/24)
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or proj
Slide 3: A world we are seeking to create
+ 27°C A world we are seeking MILLION AIR COOLERS to create SOLD WORLDWIDE 3
Slide 4: Table of Content
Table of Content 1 Financials 2 Performance Highlights 3 Outlook 4
Slide 5: Standalone Financials
India ka No. 1 Saat symph ony! Thinking of Tomorrow Standalone Financials
Slide 6: Standalone Quarterly Financials (₹ Cr.): Sep'24 v/s Sep'23
Standalone Quarterly Financials (₹ Cr.): Sep’24 v/s Sep’23 ▲ YoY change Margin % (/ YoY change) Revenue from Gross Margin Operations 259 128 v/s 98 (▲31%) v/s 196 (▲32%) 49.5 % (40 bps) EBITDA PAT 72 67 v/s 53 (▲37%) v/s 50 (▲36%) 27.8% (100 bps) 26.1% (70 bps) Highest ever previous Sep Qtr.: R
Slide 7: Standalone EBITDA Margin Movement: Sep'24 Qtr.
Standalone EBITDA Margin Movement: Sep’24 Qtr. 2.2 .1 27. 2 . .9 .4 EBITDA ross Employee A P Freig t EBITDA (Sep 23) Margin Bene its ent Travel t er E p. (Sep 24) 7
Slide 8: Standalone H1 Financials (₹ Cr.): Sep'24 v/s Sep'23
Standalone H1 Financials (₹ Cr.): Sep’24 v/s Sep’23 ▲ YoY change Margin %( YoY change) Revenue from Gross Margin EBITDA PAT Operations 632 325 154 136 v/s 368 (▲72%) v/s 187 (▲74%) v/s 59 (▲161%) v/s 64 (▲112%) 51.5% (80 bps) 24.3% (830 bps) 21.5% (410 bps) Capital Employed ROCE RONW Treasury (E
Slide 9: Consolidated Financials
Sympheny all N $ ‘Mi “HL” RT SELL
Slide 10: Consol. Quarterly Financials (₹ Cr.): Sep'24 v/s Sep'23
Consol. Quarterly Financials (₹ Cr.): Sep’24 v/s Sep’23 ▲ YoY change Margin % ( YoY change) Revenue from Gross Margin Operations 315 156 v/s 127 (▲23%) v/s 275 (▲15%) 49.4% (330 bps) EBITDA PAT 64 56 v/s 42 (▲50%) v/s 35 (▲61%) 20.3% (480 bps) 17.7% (500 bps) 10
Slide 11: Consol. EBITDA Margin Movement: Sep'24 Qtr.
Consol. EBITDA Margin Movement: Sep’24 Qtr. 1.3 1.9 2 .3 3.3 1.7 15.5 EBITDA ross Employee A P Freig t EBITDA (Sep 23) Margin Bene its ent Travel t er E p. (Sep 24) 11
Slide 12: Consol. H1 Financials (₹ Cr.): Sep'24 v/s Sep'23
Consol. H1 Financials (₹ Cr.): Sep’24 v/s Sep’23 ▲ YoY change Margin % ( YoY change) Revenue from Gross Margin EBITDA PAT Operations 846 428 175 144 v/s 577 (▲47%) v/s 277 (▲54%) v/s 70 (▲148%) v/s 59 (▲145%) 50.5%(250 bps) 20.6%(840 bps) 17.0%(680 bps) Capital Employed ROCE RONW (TTM Monthly Av
Slide 13: Subsidiaries' Financials
Thinking of Subsidiaries’ Financials
Slide 14: Subsidiaries Financials (₹ Cr.): Sep'24 v/s Sep'23
Subsidiaries Financials (₹ Cr.): Sep’24 v/s Sep’23 H1 FY25 Sep’24 Qtr. Particulars IMPCO, GSK, Symphony, CT, Total IMPCO, GSK, Symphony, CT, Total Mexico China Brazil Australia (Refer Note 1) Mexico China Brazil Australia (Refer Note 1) Revenue 122 41 19 74 256 10 25 18 30 83 Sep’23 107 23 7 91 229
Slide 15: Performance Highlights
Thi Performance Highlights
Slide 16: Performance Highlights: Consol. & Standalone [1/2]
Performance Highlights: Consol. & Standalone [1/2] Strong Sep’24 Qtr. Standalone per ormance: ▪ Highest ever Sep. Qtr. Revenue, EBITDA and PAT ▪ A record-breaking GT advance collection - ▪ Strong brand, product portfolio and market presence ▪ Launch of 17 new air cooler models bolstered market posit
Slide 17: Performance Highlights: Consol. & Standalone [2/2]
Performance Highlights: Consol. & Standalone [2/2] Major overdue amount from a large distributor of modern trade: ▪ Delayed payment – Sep’24 Qtr. monthly repayment schedule not honored ▪ Longstanding relationship (>10 years) since 2013, with impeccable payment track record until summer-23 ▪ Legal ac
Slide 18: Efficacy of Capital Employed (Core Business)
Efficacy of Capital Employed (Core Business) - Sustaining growth and profitability with reduced capital employed (₹ cr.) Standalone Consol. Particulars 30/9/24 30/9/23 30/9/24 30/9/23 [I] CAPITAL EMPLOYED [OF CORE BUSINESS] (A) NON-CURRENT ASSETS 76 75 388 366 Property, Plant & Equipment 68 72 96 10
Slide 19: Re-Classification of Real Estate
Re-Classification of Real Estate Sr. Location Land Carrying Market Old New No. Area Value Value* Classification Classification (Sqm.) (₹ Cr.) (₹ Cr.) [A] “Surplus Land and Building” Investment in 1 Thol, Ahmedabad 45,322 0.17 61.3 Property Bodakdev, Off. Sindhu Bhavan Road, Gross Block 2 1,254 5.7 2
Slide 20: Performance Highlights: Overseas Subsidiaries
Performance Highlights: Overseas Subsidiaries IMPCO, Mexico : ▪ Strong growth in H1 FY25: Revenue 14% and PAT 72% ▪ Revenue de-grew in Sep. Qtr.: (Off-season) ▪ Record-breaking sales in Jun’24 Qtr. ( 46% YoY) driven by extreme summer ▪ Exceptionally high-base of Sep’23 Qtr. ( 125% YoY) attribu
Slide 21: Outlook
Thinking of Tomorrow Make your choices wiser + & living healthier. Buying a Symphony Air Cooler is equivalent to planting 14 trees’ p Outlook
Slide 22: The UNEP Emissions Gap Report 2024
The UNEP Emissions Gap Report 2024 (Oct’24) 22
Slide 23: Outlook
Outlook Poised for Growth Leveraging complementary strengths “Climate crunch time is here” - Rising global Outsourced manufacturing to India and China temperatures and intensified heatwaves, driven by (Shift from CT Australia and IMPCO Mexico) climate change and inadequate global action (The 2024 UN
Slide 24: Glossary
Glossary Gross Margin (%) : % of Revenue from operations A&P Expenses : Advertisement and Sales Promotion Expenses : Earnings Before Interest, Tax, Depreciation and Amortization EBITDA (Excludes Other Income, Exceptional Items and Foreign Exchange Loss) EBITDA Margin (%) : % of Revenue from operatio
Slide 25: Thinking of Tomorrow
a Thinking of Tomorrow & Embrace Carbon-neutral Cooling that Save Today, Shape Your Tomorrow. | Master Cool! Arctic Circle | -4i | = BONAIRE | Durango | @TravelAire