Slide 1: Cover letter to stock exchanges on investor presentation
ELIN ELECTRONICS LIMITHD Regd. Office : 4771, BHARAT RAM ROAD, 23 DARYA GANJ, NEW DELHI-110 002 Website : www.elinindia.com Tel. : 91-1143000400 Fax : 91-11-23289340 May 30, 2024 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Department, Plot N
Slide 2: Q4FY24 & FY24 Earnings Presentation
Elin Electronics Limited Q4FY24 & FY24 Earnings Presentation May 2024
Slide 3: Q4FY24 Snapshot
Q4FY24 Snapshot Total Income EBITDA Profit After Tax INR 2,778 million INR 124 million INR 35 million up ~3% YoY from up ~41% YoY from up ~ 122% YoY from INR 2,687 million INR 88 million INR 16 million Net Cash / (Debt) Net WC Days INR 828 million ~ 68 days from from INR 724 million ~66 days 1
Slide 4: FY24 Snapshot
FY24 Snapshot Total Income EBITDA Profit After Tax INR 10,417 million INR 405 million INR 139 million down ~ 3% YoY from Down ~ 38% YoY from down ~ 48% YoY from INR 10,754 million INR 651 million INR 268 million Net cash and equivalents of INR 828 million as at 31 Mar 2024 1
Slide 5: Q4FY24 & FY24 Snapshot
Q4FY24 & FY24 Snapshot INR million Q4-FY23 Q4-FY24 Q3-FY24 Q4-FY24 FY23 FY24 Revenue 2,687 2,778 2,367 2,778 10,754 10,417 EBITDA 88 124 85 124 651 405 Margin % 3.3% 4.5% 3.6% 4.5% 6.1% 3.9% PAT 16 35 26 35 268 139 Revenue grew ~3.5% on a YoY basis and ~17.5% on a QoQ basis: YoY growth was large
Slide 6: Revenue Breakdown
Revenue Breakdown INR million Q4-FY23 Q4-FY24 Q3-FY24 Q4-FY24 FY23 FY24 Lighting, Fans & Switches 909 785 709 785 3,551 3,122 Small Appliances 700 687 465 687 2,505 2,368 FHP Motors 464 492 465 492 1,952 2,055 Other EMS 119 135 102 135 373 416 Total EMS 2,191 2,099 1,741 2,099 8,380 7,961 Precision
Slide 7: Expenditure Analysis
Expenditure Analysis Q4-FY23 Q4-FY24 Q3-FY24 Q4-FY24 FY23 FY24 Cost of Material 74.8% 74.0% 73.8% 74.0% 74.1% 74.0% Consumed Employee Benefits 13.3% 13.7% 14.9% 13.7% 12.4% 14.2% Other Expenses 8.7% 7.8% 7.7% 7.8% 7.4% 7.9% EBITDA 3.3% 4.5% 3.6% 4.5% 6.1% 3.9% Finance Costs 0.9% 0.8% 0.8% 0.8% 1.2%
Slide 8: Lighting, Fans & Switches
Lighting, Fans & Switches INR million Q4-FY23 Q4-FY24 Q3-FY24 Q4-FY24 FY23 FY24 Lighting 675 569 600 569 2,529 2,408 Flashlights 64 45 24 45 329 227 Fans 137 138 59 138 528 368 Switches 32 33 26 33 165 119 Total 909 785 709 785 3,551 3,122 Lighting revenue (ex-flashlights) declined ~15% YoY as the
Slide 9: Small Appliances
Small Appliances INR million Q4-FY23 Q4-FY24 Q3-FY24 Q4-FY24 FY23 FY24 Kitchen & Home Care 448 437 234 437 1,781 1,466 Personal Care 252 249 232 249 724 903 Total 700 687 465 687 2,505 2,368 Kitchen & home care revenue declined YoY by INR 10 million Growth in mixer grinders revenue offset by dec
Slide 10: Fractional Horsepower Motors
Fractional Horsepower Motors INR million Q4-FY23 Q4-FY24 Q3-FY24 Q4-FY24 FY23 FY24 Consumer Durables 318 380 358 380 1,396 1,633 Fans 84 59 69 59 349 247 Others 62 54 39 54 207 175 Total 464 492 465 492 1,952 2,055 Motors of Consumer durables comprise mixer grinders, hand blenders and chimney Le
Slide 11: Capex Overview (FY24)
Capex Overview (FY24) INR million Ghaziabad Baddi Goa Total (FY24) Land & Building 0.5 4.5 0.0 5.0 Plant & Machinery 41.0 53.2 3.2 97.4 Electrical Installation 22.2 1.8 0.4 24.4 Tools, Dies & Moulds 20.1 33.3 1.1 54.5 Others 15.5 3.1 0.3 18.8 Total 99.2 95.9 5.0 200.1 Capex in Q4FY24 was INR 56 mi
Slide 12: Status of New Product Launches
Status of New Product Launches Description Category Current Status BLDC Fans Lighting, Fans & Switches Launched in Q1FY24 TPW Fans Lighting, Fans & Switches Launched in Q1FY24 Heated Hair-Brush Small Appliances Launched in Q3FY24 Electric Sterilizer Small Appliances Launched in Q4FY24 Trimmer 3000 S
Slide 13: Thank You
Thank You