Slide 1: Stock exchange filing cover letter
Ref: CEL/NSEBSE/EP/28052023 28th May, 2023 To, Listing Department Department of Corporate Services - National Stock Exchange of India Limited Listing Exchange Plaza, BSE Limited Bandra Kurla Complex, P. J. Towers, Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Re: Scrip Symbol: CENTU
Slide 2: Earnings Presentation Q4-FY23/FY23
EARNINGS PRESENTATION Q4-FY23/FY23
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 FY23 Key Business Segments: (Centum) is one of the largest Electronics System Operational Income (In Mn) and EBITDA • Engineering R&D (ER&D) Services (32%) – Involves Design and Manufacturing (ESDM) companies in Margins (%) conceptualizi
Slide 5: Q4-FY23/FY23 Financial Overview
Q4-FY23/FY23 FINANCIAL OVERVIEW
Slide 6: Q4-FY23/FY23 Financial Highlights
Q4-FY23/FY23 Financial Highlights Q4-FY23 Standalone Performance: Q4-FY23 Consolidated Performance: • Operational Income: INR 1,952 Mn • Operational Income: INR 3,163 Mn • Operational EBITDA: INR 379 Mn • Operational EBITDA: INR 503 Mn • Operational EBITDA Margin %: 19.42% • Operational EBITDA Margi
Slide 7: Q4-FY23 Consolidated Financial Performance
Q4-FY23 Consolidated Financial Performance EBITDA (INR Mn) Revenue from Operations (INR Mn) 3,163 3,500 600 3,000 503 500 2,500 2,331 1,971 400 321 2,000 300 1,500 200 1,000 500 100 63 - 0 Q4-FY22 Q3-FY23 Q4-FY23 Q4-FY22 Q3-FY23 Q4-FY23 PAT (INR Mn) EBITDA Margin (%) and PAT Margin (%) 258 20.00% 15
Slide 8: Q4-FY23/FY23 Operational Highlights
Q4-FY23/FY23 Operational Highlights • Consolidated Revenue from operations in Q4 grew 60% on Q-o-Q basis and 35% on Y-o-Y basis due to better performance from all business units. Delivery of certain long gestation projects in the BTS Space segment was a major contributor to Q4 revenue. On a full yea
Slide 9: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Operational Revenue 1,952 1,208 61.6% 1,028 89.9% Total Expenses 1,573 957 64.4% 973 61.7% EBITDA 379 251 51.0% 55 NA EBITDA Margins (%) 19.42% 20.78% (136) Bps 5.35% NA Other Income 19 18 5.6% 12 58.
Slide 10: Annual Standalone Financial Performance
Annual Standalone Financial Performance Particulars (INR Mn) FY23 FY22 Y-o-Y Operational Revenue 5,006 3,480 43.9% Total Expenses 4,470 3,055 46.3% EBITDA 536 425 26.1% EBITDA Margins (%) 10.71% 12.21% (150) Bps Other Income 47 58 (19)% Depreciation 162 165 (1.8)% Finance Cost 157 146 7.5% Exception
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Operational Revenue 3,163 2,331 35.7% 1,971 60.5% Total Expenses 2,660 2,010 32.3% 1,908 39.4% EBITDA 503 321 56.7% 63 NA EBITDA Margins (%) 15.90% 13.77% 213 Bps 3.20% NA Other Income 14 26 (46.2)%
Slide 12: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance Particulars (INR Mn) FY23 FY22 Y-o-Y Operational Revenue 9,230 7,799 18.3% Total Expenses 8,469 7,056 20.0% EBITDA 761 743 2.4% EBITDA Margins (%) 8.24% 9.53% (129) Bps Other Income 59 80 (26.3)% Depreciation 438 432 1.4% Finance Cost 273 263 3.8% Share of p
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY20 FY21 FY22 FY23 Operational Revenue 4,824 4,245 3,480 5,006 Total Expenses 4,111 3,621 3,055 4,470 EBITDA 713 624 425 536 EBITDA Margins (%) 14.78% 14.70% 12.21% 10.71% Other Income 43 39 58 47 Depreciation 131 158 165 162 Finance Cost
Slide 14: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,110 2,120 2,219 Equity 2,547 2,645 2,826 (a) Property, Plant & Equipment 1,075 1,033 993 (a) Share Capital 129 129 129 (b) Capital Work in progress 23 0
Slide 15: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 FY23 Operational Revenue 8,833 8,174 7,799 9,230 Total Expenses 7,852 7,279 7,056 8,469 EBITDA 981 895 743 761 EBITDA Margins (%) 11.11% 10.95% 9.53% 8.24% Other Income 153 58 80 59 Depreciation 414 453 432 438 Finance Cost
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 3,611 3,356 3,319 (1) Equity 2,401 1,985 2,040 (a) Property, Plant and Equipment 1,184 1,120 1,071 (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 (%) 9,230 981 8,833 1.82% 3.00% 1.47% 300 8,174 895 20.00% 2.00% 7,799 200 0.73% 900 18.00% 743 761 161 1.00% 120 800 100 16.00% 0.00% 700 14.00% - -1.00% FY20 FY21 FY22 FY23 600 12.00% -100 -2.00% 50
Slide 18: Capital Market Data
Capital Market Data 1 Year Stock Performance upto 31st March, 2023 70% 60% Centum Sensex 50% 40% 30% 20% 10% 0% -10% -20% Apr-22 May-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Price Data (As on 31st March, 2023) Shareholding Pattern (As on 31st March, 2023) CMP 7
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