Slide 1: Earnings Call Presentation (FY23 & Q4FY23)
Earnings Call Presentation (FY23 & Q4FY23)
Slide 2: Disclaimer: Safe Harbour Statement
Disclaimer Safe Harbour 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 expectat
Slide 3: Million Air Coolers Sold Worldwide
+ MILLION AIR COOLERS SOLD WORLDWIDE 3
Slide 4: 'Refreshing Lives' to 'Thinking of Tomorrow'
‘Refreshing Lives’ to ‘Thinking of Tomorrow’ THINKING OF A DIVERSE AND PASSION TO MAKE LEADER TOMORROW AMBITIOUS TEAM TOMORROW WITH OUR GUIDING DEFINING THE BETTER FOR THE PRINCIPLE NEXT STEMPS EVERYONE PURPOSE 4
Slide 5: 'Kal Ki Soch' towards sustainable living
‘Kal Ki Soch’ towards sustainable living A sustainability digital campaign in collaboration with renowned poet and filmmaker – Vineet KKN ‘Panchhi’ Bringing about change and consciousness among patrons with a compelling message called “KAL KI SOCH” Drawing synergies between the use of air coolers an
Slide 6: Diet 3D 55B, Diet 3D 30B, Winter 80B
Diet 3D 55B Diet 3D 30B Winter 80B 6 *Under test conditions
Slide 7: Table of Content
Table of Content 1 Performance Highlights 2 Financials (FY23 & Q4FY23) 3 Outlook 7
Slide 8: Performance Highlights
Performance Highlights
Slide 9: Performance Highlights (FY23)
Performance Highlights (FY23) 1 Highest ever standalone and domestic sales surpassing pre-Covid historical high → 24% and 21% growth respectively vis-à-vis FY20 2 The undisputed market leader with a market share of ~ 50% in India → Accelerated product offtake across models Robust domestic sales grow
Slide 10: Performance Highlights (Q4FY23)
Performance Highlights (Q4FY23) 1 Highest ever Q4 domestic sales despite unseasonal rains in March-23 → 23% growth vis-à-vis Q4FY22 (historical highest Q4) 2 Launched world’s 1st BLDC air cooler range and ‘Duet Mini’ – A personal cooler 3 Global headwinds severely impacted performance of CT Australi
Slide 11: Financials
Thinking of Tomorrow mlarclarercits
Slide 12: Standalone: FY23 Financials (₹ cr.)
Standalone : FY23 Financials (₹ cr.) ▲ YoY change Margin %( YoY change) Revenue from Gross Margin EBITDA PAT Operations 885 424 176 165 ▲38% ▲47% ▲53% ▲49% 47.9%(290 bps) 20.0%(210 bps) 18.6%(130 bps) Monthly Avg. Return on Capital Return on Net Treasury* Capital Employed Employed Worth (of Core
Slide 13: Standalone: FY23 EBITDA Margin Movement
Standalone : FY23 EBITDA Margin Movement 13
Slide 14: Standalone: Q4FY23 Financials (₹ cr.)
Standalone : Q4FY23 Financials (₹ cr.) ▲/ ▼ YoY change Margin %( / YoY change) Revenue from Gross Margin EBITDA PAT Operations 239 117 48 43 ▼(-5%) ▲8% ▼(-1%) ▼(-1%) 48.9%(600 bps) 20.0%(80 bps) 17.9%(80 bps) Monthly Avg. Return on Capital Return on Net Capital Employed Employed^ Worth (of Cor
Slide 15: Standalone: Q4FY23 EBITDA Margin Movement
Standalone : Q4FY23 EBITDA Margin Movement 15
Slide 16: Consolidated: FY23 Financials (₹ cr.)
Consolidated : FY23 Financials (₹ cr.) ▲/ ▼ YoY change Margin %( / YoY change) Revenue from Gross Margin EBITDA PAT Operations 1,184 521 138 116 ▲14% ▲11% ▼(-14%) ▼(-5%) 43.8%(130 bps) 11.6%(390 bps) 9.7%(200 bps) Monthly Avg. Return on Capital Return on Net Capital Employed Employed Worth (of
Slide 17: Consolidated: FY23 EBITDA Margin Movement
Consolidated : FY23 EBITDA Margin Movement 17
Slide 18: Consolidated: Q4FY23 Financials (₹ cr.)
Consolidated : Q4FY23 Financials (₹ cr.) ▲/ ▼ YoY change Margin %( / YoY change) Revenue from Gross Margin EBITDA PAT Operations 308 127 23 16 ▼(-20%) ▼(-28%) ▼(-72%) ▼(-75%) 41.3%(490 bps) 7.6%(1380 bps) 5.2%(1150 bps) Monthly Avg. Return on Capital Return on Net Capital Employed Employed^ Wo
Slide 19: Subsidiaries: FY23 Financials (₹ cr.)
Subsidiaries : FY23 Financials (₹ cr.) ▲/ ▼ YoY change Revenue from Gross Margin EBITDA PAT Operations CT, Australia 225 46 (-43) (-43) ▼(-38%) ▼(-64%) ▼(-236%) ▼(-490%) IMPCO, Mexico 117 41 8 2 ▲15% ▲8% ▼(-35%) ▼(-76%) GSK, China 32 11 (-0) (-3) ▼(-14%) ▼(-13%) ▲97% ▲66% 19
Slide 20: Outlook
Thinking of Tomorrow Outlook
Slide 21: Outlook
Outlook Driving transformation at CT Australia Innovative value-added products; Calibrated price hikes; and Softening of material, labour and freight cost In-house Strategies in place to build on strong FY23 Manufacturing Revamping domestic sales, with better margins to Product Outsourcing categorie
Slide 22: Driving Transformation at CT Australia
Driving Transformation at CT Australia Existing Shifting to new age, products better margin products Portable Air Conditioner Evaporative Ducted Gas Rooftop Cooler Heater Portable Air Coolers Electric Outdoor Strip Heater Commercial Cooler Electric Fireplace Electric Panel Electric Convector Electri
Slide 23: Glossary
Glossary CT Australia Climate Technologies, Australia 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) EBITDA Margin (%) : % of Revenue from operatio
Slide 24: www.symphonylimited.com
www.symphonylimited.com MEXICO CHINA AUSTRALIA USA Brazil Impco S de R L de C V Guangdong Symphony Climate Technologies Bonaire USA LLC Symphony Keruilai Air Coolers Co. Ltd. Pty. Ltd. Climatizadores Ltda AYAX 611, Parque No. 3 Hongjin Road, 26 Nylex Avenue 3774, West Cheyenne Av Pedra Branca, 184,