Slide 1: Cover letter to stock exchanges: Investor Presentation Q1 FY25
ELIN ELECTRONICS LIMITED Regd. Office : 4771, BHARAT RAM ROAD, 23 DARYA GANJ, NEW DELHI-110 002 Website : www.eljnindia.com Tel. : 91-1143000400 Fax : 91-11123289340 August 06, 2024 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Department, Plo
Slide 2: Q1FY25 Earnings Presentation
Elin Electronics Limited Q1FY25 Earnings Presentation Aug 2024
Slide 3: Q1FY25 Snapshot
Q1FY25 Snapshot Total Income EBITDA Profit After Tax INR 2,936 million INR 133 million INR 59 million up ~16% YoY from up ~36% YoY from up ~ 55% YoY from INR 2,538 million INR 98 million INR 38 million Net Cash / (Debt) Net WC Days INR 823 million ~ 64 days from from INR 828 million ~68 days 1
Slide 4: Q1FY25 Snapshot
Q1FY25 Snapshot INR million Q1-FY24 Q1-FY25 Q4-FY24 Q1-FY25 Revenue 2,538 2,936 2,778 2,936 EBITDA 98 133 124 133 Margin % 3.9% 4.5% 4.5% 4.5% PAT 38 59 35 59 Revenue grew ~16% on a YoY basis and ~6% on a QoQ basis: YoY growth was largely on account of better growth in small appliances and FHP m
Slide 5: Revenue Breakdown
Revenue Breakdown Amounts in INR million Q1-FY24 Q1-FY25 Q4-FY24 Q1-FY25 Lighting, Fans & Switches 832 894 785 894 Small Appliances 527 636 687 636 FHP Motors 541 656 492 656 Other EMS 93 140 135 140 Total EMS 1,993 2,327 2,099 2,327 Precision Components & 539 607 597 607 Others Medical Cartridges 6
Slide 6: Expenditure Analysis
Expenditure Analysis Q1-FY24 Q1-FY25 Q4-FY24 Q1-FY25 Cost of Material Consumed 73.7% 73.6% 74.1% 73.6% Employee Benefits 14.3% 14.6% 13.7% 14.6% Other Expenses 8.2% 7.3% 7.8% 7.3% EBITDA 3.9% 4.5% 4.5% 4.5% Finance Costs 1.1% 0.6% 0.8% 0.6% Depreciation 1.9% 1.9% 2.7% 1.9% Profit Before Tax 1.9% 2.7
Slide 7: Lighting, Fans & Switches
Lighting, Fans & Switches Amounts in INR million Q1-FY24 Q1-FY25 Q4-FY24 Q1-FY25 Lighting 596 634 569 634 Flashlights 103 105 45 105 Fans 104 126 138 126 Switches 28 28 33 28 Total 832 894 785 894 Lighting revenue (ex-flashlights) grew ~6% YoY and ~11% QoQ Discussions with potential new customer
Slide 8: Small Appliances
Small Appliances Amounts in INR million Q1-FY24 Q1-FY25 Q4-FY24 Q1-FY25 Kitchen & Home Care 336 395 437 395 Personal Care 190 242 249 242 Total 527 636 687 636 Kitchen & home care revenue increased ~17% YoY Growth in mixer grinders revenue offset by decline in revenue from irons Capacity utili
Slide 9: Fractional Horsepower Motors
Fractional Horsepower Motors Amounts in INR million Q1-FY24 Q1-FY25 Q4-FY24 Q1-FY25 Consumer Durables 415 471 380 471 Fans 76 120 59 120 Others 50 65 54 65 Total 541 656 492 656 Motors of Consumer durables comprise mixer grinders, hand blenders and chimney Led by growth primarily in mixer grinde
Slide 10: Capex Overview (Q1FY25)
Capex Overview (Q1FY25) INR million Ghaziabad Baddi Goa Total (Q1FY25) Land & Building - - - - Plant & Machinery 5.8 1.4 0.3 7.5 Electrical Installation 0.4 0.1 - 0.5 Tools, Dies & Moulds 19.8 2.9 0.7 23.4 Others 3.1 0.7 - 3.8 Total 29.1 5.1 1.0 35.2 Capex in Q1FY25 was ~INR 35 million; CWIP as on
Slide 11: Status of New Product Launches
Status of New Product Launches Description Category Current Status Trimmer 3000 Small Appliances Product under development, launch in FY25 Electric Kettle Small Appliances Product under development, launch in FY25 Oil Filled Radiator Small Appliances Product under development, launch in FY25 Chimney
Slide 12: Thank You
Thank You