Centum Electronics Limited · NSE:CENTUM
Centum Electronics — Investor Presentation (December 2024)
29 slides from Centum Electronics's investor presentation, Dec 10, 2024
Slide 1: Exchange filing cover letter: Investor Presentation
© CENTUM Ref: CEL/NSEBSE/IP/10122024 10th December, 2024 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 – 400 051 Mumbai – 400 001 Re: S
Slide 2: Investor Presentation December 2024
INVESTOR PRESENTATION December 2024
Slide 3: Snapshot
Snapshot 30+ years of domain expertise in Concept to Commissioning 1,900+ Employees Strong Supply Chain Network Global Operations with strong Electronics Design & capabilities 600+ Engineers with 600+ suppliers presence in Asia, Europe and Manufacturing Solutions North America Healthy Order Book of
Slide 4: Key Investment Highlights
Key Investment Highlights Strong macro tailwinds – Centum present in multiple high growth markets End-to-end solutions across the value chain with demonstrated ability to create unique IP Diversified product portfolio having applications across industry verticals with high entry barriers World class
Slide 5: Centum: Present in multiple high growth markets
Centum: Present in multiple high growth markets EMS Market Outlook ER&D Market Outlook Defence & Space Market Outlook Global EMS Market (USD Bn) Indian EMS Market (INR Bn) Global ER&D Spend (USD Tn) India’s share of Global corporate India's Defence Production India's Defence Exports ER&D sourcing (U
Slide 6: Highly Embedded in Value Chain across Segments
Highly Embedded in Value Chain across Segments ER&D EMS BTS ✓ Engineering Services involve conceptualizing, ✓ EMS Services include manufacturing solutions ✓ The Built to Specification services include taking a designing and certifying of Electronic Hardware, focused on a High reliability & High Comp
Slide 7: Global Design & Manufacturing Facilities
Global Design & Manufacturing Facilities Unit 1 - Micro Electronics Unit 2 - EMS Manufacturing – Manufacturing – Bangalore Aerospace Park, Bangalore 35p (Class 1K, 10K clean room) (6 SMT lines) 1600p 295p* Testing Lab – Bangalore Design Dep. - Belgium (MIL/Space certified) Canada Design Dep. - Franc
Slide 8: Diversified Product portfolio
Diversified Product portfolio 7
Slide 9: Build-to-Specification (BTS)
Build-to-Specification (BTS) Space Defence Railway Earth Observation Satellite Subsystems Missile Control & Guidance Public Address & Intercom • Laser guided ATGM* Manufactured under license by DPSU • Product range: Passenger Emergency Intercom, Driver • Delivered ~1,000 subsystems and modules • Ful
Slide 10: EMS solutions
EMS solutions Strong manufacturing capabilities across the value chain Facility PCB Assembly Inspection/Test Box Build & Integration Environment • AOI, Auto XRAY Cleaning & Coating • Modules, LRUs Stress Pack & Ship • 350,000 sq. ft. • 6 Flexible SMT lines • ICT, JTAG, FPT • 2 Facilities • 5 Waves*
Slide 11: ER&D Solutions
ER&D Solutions Embedded Product Aerospace Hardware/ Software certification support solution expertise Remote Braking Control A320 Neo A350 Unit Embedded ARINC615 data Alternate Extension Remote data Computing loading computers Control Module concentrator of the braking control system Embedded Electr
Slide 12: Long-standing relationships with marquee customer base
Long-standing relationships with marquee customer base Verticals Few key customers Long Standing Relationship with clients Largest French Defence Co, Average Business period relationship of Top 3-5 Customers in each vertical (in years) DPSUs Defence 20 ISRO, DRDO 15 15 15 Space 10 10 Top European ai
Slide 13: Strong outlook across segments
Strong outlook across segments Standalone Revenue (INR Mn) Subsidiary Revenue (INR Mn) Consolidated Revenue (INR Mn) BTS EMS ER&D BTS ER&D BTS EMS 2Y CAGR (FY22-24): 34.9% 2Y CAGR (FY22-24): 2.9% 2Y CAGR (FY22-24): 18.3% 6,328 4,580 10,908 4,319 4,224 9,229 5,005 7,799 1,794 1,608 1,828 4,985 3,480
Slide 14: Growth Strategies
CENTUM Growth Strategies
Slide 15: EMS – Key growth drivers
EMS – Key growth drivers • Won a major In-flight entertainment program with existing Aerospace customer • Middle east– New Customers ramping for missile programs Aerospace, Defence, Space • Strong pipeline of opportunities for avionics and defence • Strong demand for Passenger Information Systems fo
Slide 16: Defence & Space (BTS)
Defence & Space (BTS) Current Capabilities: Multidisciplinary differentiated technical capabilities • Satellite Payloads for Electronic Warfare (ELINT), MiniSAR, Hyperspectral Imaging electronics • Satellite Bus & Launch Vehicle systems for Power, Data Handling, Controls, Sensors Processing • Radar
Slide 17: ER&D – Turnaround Strategy
ER&D – Turnaround Strategy Margin Improvement Growth • Utilisation improvement • Growth with existing customers in Aerospace & Automotive • Cost Reduction in Canada subsidiary through Offshoring sectors • Gross Margin improvement • Selected as a Platinum Supplier for a Defence & Aerospace customer •
Slide 18: Experienced Board of Directors and Leadership Team
Experienced Board of Directors and Leadership Team Apparao V Mallavarapu - Chairman & MD Rajiv C Mody - Independent Director ▪ Founded Centum Electronics in the year 1993. ▪ Founder, Chairman, Managing Director & CEO - Sasken Technologies Ltd. ▪ Appointed as Honorary Consul of Brazil by The Embassy
Slide 19: Standalone Financial Highlights
Standalone Financial Highlights Operational Revenue – (INR Mn) EBITDA & EBITDA Margins (%) - (INR Mn) PAT & PAT Margins (%) - (INR Mn) 2Y CAGR (FY22-24): 34.8% 2Y CAGR (FY22-24): 36.1% 2Y CAGR (FY22-24): 75.5% 6,328 12.2% 12.4% 10.7% 11.1% 5.7% 5,006 4.7% 3.9% 3,480 3.4% 2,996 787 362 537 425 194 33
Slide 20: Subsidiary Financial Highlights
Subsidiary Financial Highlights Operational Revenue - (INR Mn) EBITDA & EBITDA Margins (%) - (INR Mn) PAT & PAT Margins (%) - (INR Mn) 2Y CAGR (FY22-24): 11.5% (127) (183) 4,580 7.3% 4,319 4,224 (3.0%) (390) 5.3% 317 (652) (8.5%) (8.9%) 2,057 225 1.6% 1.1% 72 23 (15.1%) FY22 FY23 FY24 H1FY25 FY22 FY
Slide 21: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue - (INR Mn) EBITDA & EBITDA Margins (%) - (INR Mn) PAT & PAT Margins (%) - (INR Mn) 2Y CAGR (FY22-24): 18.3% 2Y CAGR (FY22-24): 7.6% 67 0.7% 10,908 859 (28) (0.8%) 9,230 742 762 (0.3%) (42) 7,799 9.5% 8.3% 7.1% 7.9% 5,053 358 (6.9%) (535) FY22 FY2
Slide 22: Annexures
Annexures CENTUM 21
Slide 23: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Operational Revenue 3,480 5,006 6,328 2,996 Total Expenses 3,055 4,470 5,541 2,663 EBITDA 425 536 787 333 EBITDA Margins (%) 12.21% 10.71% 12.44% 11.11% Other Income 58 47 67 28 Depreciation 165 162 184 96 Finance Cos
Slide 24: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,120 2,219 2,480 2,580 Equity 2,645 2,826 3,124 3,239 (a) Property, Plant & Equipment 1,033 993 1,053 1,028 (a) Share Capital 129 129 129
Slide 25: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Operational Revenue 7,799 9,230 10,908 5,053 Total Expenses 7,057 8,468 10,049 4,695 EBITDA 742 762 859 358 EBITDA Margins (%) 9.52% 8.26% 7.87% 7.08% Other Income 80 59 68 28 Depreciation 432 438 453 234 Finance Co
Slide 26: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 3,356 3,360 3,038 3,059 (1) Equity 1,985 2,040 1,967 1,889 (a) Property, Plant and Equipment 1,120 1,071 1,126 1,097 (a) Equity shar
Slide 27: Diversified Product portfolio across Industries & Segments
Diversified Product portfolio across Industries & Segments ER&D EMS BTS ✓ ✓ ✓ Defence ✓ ✓ Space ✓ ✓ ✓ Aerospace ✓ ✓ ✓ Transportation ✓ ✓ ✓ Automotive ✓ ✓ Industry & Energy ✓ ✓ Healthcare 26
Slide 28: Awards, Recognition & Certifications in Last Few Years
Awards, Recognition & Certifications in Last Few Years Best Electronics Champion Of Manufacturing Innovation Company In A&D (Mr Mallavarapu Category Apparao) Highest Growth – Global Growth Electronic Hardware Centum in Forbes Electronics Man of the Company Exporter Asia’s 200 BUB list Year Best Elec
Slide 29: 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
Centum Electronics — Investor Presentation (December 2024) on 6ix