Centum Electronics Limited · NSE:CENTUM
Centum Electronics — H1 FY2021 Earnings Presentation
20 slides from Centum Electronics's earnings presentation, Nov 18, 2020
Slide 1: Earnings Presentation Cover Letter to Stock Exchanges
Ref: CEL/NSEBSE/IP/18112020 18th November, 2020 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 – 400 001 Mumbai – 400 051 Re: Scrip Symbol:
Slide 2: Earnings Presentation H1/Q2-FY21
EARNINGS PRESENTATION H1/Q2-FY21
Slide 3: Snapshot
Snapshot 25 years of domain expertise in Global Operations with strong Concept to Commissioning 2,100 Employees Electronics Design & Manufacturing presence in India, Europe and North capabilities 650 Designers Solutions America Flexible Engagement Models Strong Supply Chain Network Strong relationsh
Slide 4: Company Overview
Company Overview • Founded in 1993, Centum Electronics Limited FY20 Key Business Segments: (Centum) is one of the largest Electronics System Operational Income (In Mn) and EBITDA • Engineering R&D (ER&D) Services (38%) – Involves Design and Manufacturing (ESDM) companies in conceptualizing and desig
Slide 5: H1/Q2-FY21 Financial Overview
H1/Q2-FY21 FINANCIAL OVERVIEW
Slide 6: H1/Q2-FY21 Financial Highlights
H1/Q2-FY21 Financial Highlights Q2-FY21 Standalone Performance: Q2-FY21 Consolidated Performance: • Operational Income: INR 1,186 Mn • Operational Income: INR 2,051 Mn • Operational EBITDA: INR 216 Mn • Operational EBITDA: INR 218 Mn • Operational EBITDA Margin: 18.21% • Operational EBITDA Margin: 1
Slide 7: Q2-FY21 Financial Performance & Highlights
Q2-FY21 Financial Performance & Highlights Revenue from Operations (INR Mn) EBITDA (INR Mn) and EBITDA Margin (%) Covid-19 impacted 218 228 2,500 250 consolidated Q2-FY21 2,051 2,058 1,897 Higher revenues and performance especially in 11% 181 11% 2,000 200 Cost productivity the international ER&D 1,
Slide 8: Covid-19 Update
Covid-19 Update Ensuring the health and safety of employees and supporting customers are the top priorities during these challenging times Employee Health & Safety Support customers Conserve cash & Cut costs • Govt guidelines like social distancing, • Continued to work and support • Temporary auster
Slide 9: H1/Q2-FY21 Operational Highlights
H1/Q2-FY21 Operational Highlights • The international ER&D services vertical has been impacted due to lower utilisations as a result of the Covid-19 pandemic related issues, especially in the global Aerospace and Automotive sectors. • The company is seeing promising green shoots of recovery in the D
Slide 10: Q2-FY21 – Standalone Income Statement
Q2-FY21 – Standalone Income Statement Particulars (INR Mn) Q2-FY21 Q2-FY20 Y-o-Y Q1-FY21 Q-o-Q Operational Income 1,186 1,093 8.5% 1,053 12.6% Total Expenses 970 921 5.3% 895 8.4% EBITDA 216 172 25.6% 158 36.7% EBITDA Margins (%) 18.21% 15.74% 247 Bps 15.00% 321 Bps Other Income 7 13 (46.2)% 8 (12.5
Slide 11: H1-FY21 – Standalone Income Statement
H1-FY21 – Standalone Income Statement Particulars (INR Mn) H1-FY21 H1-FY20 Y-o-Y Operational Income 2,239 2,344 (4.5)% Total Expenses 1,866 2,025 (7.9)% EBITDA 373 319 16.9% EBITDA Margins (%) 16.66% 13.61% 305 Bps Other Income 16 25 (36.0)% Depreciation 77 60 28.3% Finance Cost 96 128 (25.0)% PBT 2
Slide 12: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY19 FY20 H1-FY21 Particulars (INR Mn) FY19 FY20 H1-FY21 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,039 2,098 2,082 Equity 2,172 2,363 2,494 (a) Property, Plant & Equipment 972 1,116 1,076 Share Capital 129 129 129 (b) Capital Work in progress 71
Slide 13: Q2-FY21 – Consolidated Income Statement
Q2-FY21 – Consolidated Income Statement Particulars (INR Mn) Q2-FY21 Q2-FY20 Y-o-Y Q1-FY21 Q-o-Q Operational Revenue 2,051 2,058 (0.3)% 1,897 8.1% Total Expenses 1,833 1,830 0.2% 1,716 6.8% EBITDA 218 228 (4.4)% 181 20.4% EBITDA Margin (%) 10.63% 11.08% (45) Bps 9.54% 109 Bps Other Income 10 69 (85.
Slide 14: H1-FY21 – Consolidated Income Statement
H1-FY21 – Consolidated Income Statement Particulars (INR Mn) H1-FY21 H1-FY20 Y-o-Y Operational Revenue 3,947 4,274 (7.7)% Total Expenses 3,547 3,853 (7.9)% EBITDA 400 421 (5.0)% EBITDA Margin (%) 10.13% 9.85% 28 Bps Other Income 37 98 (62.2)% Depreciation 211 201 5.0% Finance Cost 145 170 (14.7)% Sh
Slide 15: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY19 FY20 H1-FY21 Particulars (INR Mn) FY19 FY20 H1-FY21 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 2,981 3,759 3,753 (1) Equity 2,437 2,300 2,302 (a) Property, Plant and Equipment 1,130 1,253 1,200 (a) Equity share capital 129 129 129 (b) Ca
Slide 16: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY18 FY19 FY20 H1-FY21 Operational Income 3,587 4,987 4,824 2,239 Total Expenses 3,585 4,290 4,111 1,866 EBITDA 2 697 713 373 EBITDA Margins (%) 0.06% 13.98% 14.78% 16.66% Other Income 76 38 43 16 Depreciation 120 121 132 77 Finance Cost 15
Slide 17: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY18 FY19 FY20 H1-FY21 Operational Revenue 7,811 9,304 8,833 3,947 Total Expenses 7,412 8,267 7,852 3,547 EBITDA 399 1,037 981 400 EBITDA Margin (%) 5.11% 11.15% 11.11% 10.13% Other Income 130 71 153 37 Depreciation 282 278 414 211 Financ
Slide 18: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue EBITDA & EBITDA Margin (%) PAT & PAT Margin (%)* 9,304 8,833 * 1200 14.00% 7,811 11.16% 500 6.23% 7.00% 11.11% 7,032 11.62% 12.00% 5.31% 450 1000 6.00% 5.06% 400 10.00% 7.94% 800 5.00% 350 8.00% 4,144 300 4.00% 600 5.11% 250 981 6.00% 1,038 1.90%
Slide 19: Capital Market Data
Capital Market Data Stock Market Performance (as on 30th September, 2020) 20% 10% 0% -10% -20% -30% -40% -50% -60% Oct-2019 Nov-2019 Dec-2019 Jan-2020 Feb-2020 Mar-2020 Apr-2020 May-2020 Jun-2020 Jul-2020 Aug-2020 Sep-2020 CENTUM Sensex Shareholding Pattern (as on 30th September, 2020) Price Data (A
Slide 20: 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