Slide 1: Exchange filing cover letter for earnings presentation
10th May, 2024 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001 Scrip Code – 532513 National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No. C/1 G Block Bandra - Kurla Complex, Bandra - (E) Mumbai - 400 051 Scrip Symbol – TVSELECT Dear Sir / Madam, Sub: Earnings
Slide 2: TVS Electronics Ltd. Earnings Presentation Q4-FY24/FY24
1 TVS Electronics Ltd. Earnings Presentation Q4-FY24/FY24
Slide 3: Snapshot
2 Snapshot PRODUCTS & SOLUTIONS CUSTOMER SUPPORT SERIVCES Electronic Manufacturing Services OPERATIONS FY24 FINANCIALS State-of-the-art Integrated service hardware solutions for 70000 Sq. ft of ESD provider for Global 600+ Employees Revenue: INR 3,660 Mn retail, BFSI & logistics compliant factory OE
Slide 4: Company Overview
3 Company Overview TVS Electronics (TVS-E) Limited was The company has emerged as one of the The company caters to vast incorporated in 1986, under the frontrunners in the IT peripherals, point-of- customer segments including, sale solutions, field support services and Retail, BFSI, Shipping & Logis
Slide 5: Business Segments
4 Business Segments Product & Customer Solutions Group Support (PSG) Services (CSS) 73% 27% Point of Field Transaction Support Products Services Track & IT Trace Infrastructure Products Managed Services Repair Manufacturing Services E-Auction Business Mix Percentage as on FY24
Slide 6: Marquee Clientele
5 Marquee Clientele Products & Solutions Customer Support Services Top 10 Customer Concentration* 96% RETAIL IT & Peripherals 41% 37% 28% 27% 30% Health Care & Manufacturing Government Entities Hospitality Banks FY19 FY20 FY21 FY22 FY23 FY24 *Note: Online Distribution Business segment with high volu
Slide 7: Strategic Overview
6 Strategic Overview Hardware devices with software solutions Single point solution provider •The retail and parking sectors are undergoing a digital • Our aim is to be the trusted single-point solution provider, transformation and software solutions play a crucial role offering reliable point of tr
Slide 8: Q4-FY24/FY24 Highlights
“: Q4-FY24/FY24 HIGHLIGHTS
Slide 9: Q4-FY24/FY24 Financial Highlights
8 Q4-FY24/FY24 Financial Highlights Q4-FY24 performance FY24 performance INR 971 Mn INR 26 Mn 2.68 % Revenue from Operations EBITDA EBITDA Margin INR 3,660 Mn INR 96 Mn 2.62% Revenue from Operations EBITDA EBITDA Margin INR 6 Mn 0.62% INR 0.30/share INR 3 Mn 0.08% INR 0.15/share PAT PAT Margin EPS P
Slide 10: Q4-FY24 and FY24 Operational Highlights
9 Q4-FY24 and FY24 Operational Highlights • The products and solutions vertical clocked a revenue of INR 726 Million in Q4 FY 24, which grew by 16% QoQ. This was primarily driven by project sales. The EBIT from this business unit for the quarter was higher by INR 2.4 Mn compared to preceding quarter
Slide 11: Q4-FY24 Financial Performance
10 Q4-FY24 Financial Performance Particulars (INR Mn) Q4-FY24 Q3-FY24 Q-o-Q Q4-FY23 Y-o-Y Revenue from Operations 971 869 11.7% 852 14.0% Total Expenses 945 863 9.5% 821 15.1% EBITDA 26 6 NA 31 (16.1)% EBITDA Margin (%) 2.68% 0.69% 199 Bps 3.64% (96) Bps Other Income 11 5 NA (1) NA Depreciation 31 2
Slide 12: FY24 Financial Performance
11 FY24 Financial Performance Particulars (INR Mn) FY24 FY23 Y-o-Y Revenue from Operations 3,660 3,535 3.5% Total Expenses 3,564 3,337 6.8% EBITDA 96 198 (51.5)% EBITDA Margin (%) 2.62% 5.60% (298) Bps Other Income 26 15 73.3% Depreciation 109 71 53.5% Finance Cost 20 14 42.9% PBT (7) 128 NA Tax (10
Slide 13: Historical Income Statement
12 Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 FY24 Revenue from Operations 2,246 3,079 3,535 3,660 Total Expenses 2,160 2,815 3,337 3,564 EBITDA 86 264 198 96 EBITDA Margin (%) 3.83% 8.57% 5.60% 2.62% Other Income 21 12 15 26 Depreciation 78 63 71 109 Finance Cost 19 10 14 20 Pr
Slide 14: Balance Sheet
13 Balance Sheet Equity and Liabilities (INR Mn) FY22 FY23 FY24 Assets (INR Mn) FY22 FY23 FY24 Equity Non Current Assets Share Capital 186 186 187 Property, Plant & Equipment 75 166 392 Other Equity 740 832 801 Right of use assets 51 44 32 Total Equity 926 1,018 988 Capital Work in Progress 2 18 1 N
Slide 15: Financial Highlights
14 Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 3,660 151 3,535 264 3,079 198 2,246 95 86 96 4.90% 8.57% 2.69% 5.60% 3 3.83% 0.36% 8 2.62% 0.08% FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 ROE AND ROCE (%) Net D
Slide 16: Capital Market Data
15 Capital Market Data Stock Market Performance (As on 31st March, 2024) 30% 20% 10% 0% -10% -20% -30% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 TVS Electronics BSE Sensex Price Data (As on 31st March, 2024) INR Shareholding Pattern (As on 31st March 2024) F
Slide 17: Disclaimer
16 Disclaimer TVS Electronics Limited Disclaimer: 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
Slide 18: Thank You
17 Thank You