Slide 1: Earnings Call Presentation (Q4 FY24 and FY24)
Earnings Call Presentation (Q4 FY24 and FY24) (30-April-24)
Slide 2: Safe Harbor Statement
Safe Harbor 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 expectations or proj
Slide 3: A world we are seeking to create
+ 27°C A world we are seeking MILLION AIR COOLERS to create SOLD WORLDWIDE 3
Slide 4: Symphony Air Cooler Ad 2024
Symphony Air Cooler Ad 2024 Thandi Thandi Rimjhim Feeling Shopkeeper 4
Slide 5: Table of Content
Table of Content 1 Performance Highlights 2 Financials 3 Outlook 5
Slide 6: Performance Highlights
Thi Performance Highlights
Slide 7: Performance Highlights: Consol. & Standalone
Performance Highlights: Consol. & Standalone Consol. Standalone Financials Highest ever quarterly India domestic revenue Q4 FY24 FY24 Q4 FY24 FY24 ▪ Despite the strong base effect (Q4 FY23) Revenue 332 1,156 251 796 ▪ Fuelled by a searing summer with “above normal” temperatures Cashing in on India’s
Slide 8: Performance Highlights: Overseas Subsidiaries
Performance Highlights: Overseas Subsidiaries (CT + IMPCO + GSK + Brazil) Q4 FY24 FY24 CT, Australia: ▪ Demand headwind persists Revenue 111 433 ▪ Cost rationalization driving improvement in EBITDA starting Q3 FY24 Previous Year 97 385 ▪ EBITDA loss narrowed, despite lower sale YoY change (%) +15% +
Slide 9: Consolidated Financials
Consolidated Financials
Slide 10: Consol. (Q4 FY24): Financials (₹ Cr.)
Consol. (Q4 FY24): Financials (₹ Cr.) ▲/ ▼ YoY change Margin %( / YoY change) Revenue from Gross Margin Operations 332 161 ▲27% ▲8% 48.5%(720 bps) EBITDA PAT 60 48 ▲158% ▲200% 18.2%(1,060 bps) 14.5%(930 bps) 10
Slide 11: Consol. (FY24): Financial (₹ Cr.)
Consol. (FY24): Financial (₹ Cr.) ▲/ ▼ YoY change Margin %( / YoY change) Revenue from Gross Margin EBITDA* PAT Operations 1,156 555 170 148 ▼(-3%) ▲7% ▲24% ▲28% 48.0%(420 bps) 14.7%(310 bps) 12.8%(310 bps) Monthly Avg. Return on Capital Return on Net Capital Employed Employed Worth (of Core B
Slide 12: Consol. (FY24): EBITDA Margin Movement
Consol. (FY24): EBITDA Margin Movement *Excluding exceptional items 12
Slide 13: Standalone Financials
Enjoy the symphony of in every corner with
Slide 14: Standalone (Q4 FY24): Financials (₹ Cr.)
Standalone (Q4 FY24): Financials (₹ Cr.) ▲/ ▼ YoY change Margin %( / YoY change) Revenue from Gross Margin Operations 251 121 ▲4% ▲5% 48.4%(50 bps) EBITDA* PAT 63 46 ▲33% ▲9% 25.3%(530 bps) 18.5%(60 bps) *Excluding exceptional item of ₹ 7.73 cr. towards provision for expected credit loss on lo
Slide 15: Standalone (FY24): Financials (₹ Cr.)
Standalone (FY24): Financials (₹ Cr.) ▲/ ▼ YoY change Margin %( / YoY change) Revenue from Gross Margin EBITDA* PAT Operations 796 390 160 153 ▼(-10%) ▼(-8%) ▼(-9%) ▼(-7%) 49.0%(110 bps) 20.2%(20 bps) 19.2%(60 bps) Monthly Avg. Return on Capital Return on Net Treasury^ Capital Employed Employe
Slide 16: Standalone (FY24): EBITDA Margin Movement
Standalone (FY24): EBITDA Margin Movement *Excluding exceptional items 16
Slide 17: Subsidiaries' Financials
Thi Subsidiaries’ Financials
Slide 18: Subsidiaries (FY24): Financials - CT Australia, IMPCO Mexico
Subsidiaries (FY24): Financials (₹ Cr.) [1/2] ▲/ ▼ YoY change Margin %( / YoY change) Revenue from EBITDA PAT Operations CT - 185 (-23) (-25) Australia ▼(-18%) v/s (-43) v/s (-43) (-12.2%)(680 bps) (-13.3%)(560 bps) Revenue from EBITDA* PAT Operations IMPCO - 178 27 11 Mexico ▲51% ▲223% ▲454% 1
Slide 19: Subsidiaries (FY24): Financials - GSK China, Symphony Brazil
Subsidiaries (FY24): Financials (₹ Cr.) [2/2] ▲/ ▼ YoY change Margin %( / YoY change) Revenue from EBITDA PAT Operations GSK - 44 5 0.4 China ▲36% v/s (-0.1) v/s (-3.5) 10.3%(1,050 bps) 0.9%(1,160 bps) Revenue from EBITDA PAT Operations Symphony - 26 3 1 Brazil ▲178% v/s (-0.4) v/s (-0.7) 9.7%(
Slide 20: Outlook
Thinking of Tomorrow Make your choices wiser |. & living healthier. Buying a Symphony Air Cooler is equivalent to planting Outlook
Slide 21: Outlook [1/2]
Outlook [1/2] India Summer 2024: ▪ Southern India, Eastern India, and Maharashtra in the throes of summer - experiencing prolonged heatwaves ▪ Sizzling summer heating up Symphony air cooler sales across geographies and channels “Numero Uno” in the air cooler industry: ▪ Innovative value-added produc
Slide 22: Outlook [2/2]
Outlook [2/2] Major business transformation at CT, Australia: [A] Initiatives already implemented / in advanced stage: Substantial ▪ Pre-Acquisition : ~ A$ 14 million (viz. ₹ 77 cr. p.a.) 1 rationalization ▪ FY24 : ~ A$ 9 million (viz. ₹ 49 cr. p.a.) of CODB ▪ FY25 onwards : ~ A$ 7 million (viz. ₹ 3
Slide 23: Glossary
Glossary 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, Exceptional Items and Foreign Exchange Loss) EBITDA Margin (%) : % of Revenue from operatio
Slide 24: Thank You
Thinking of Tomorrow Thank You | Master Cool! Arctic Circle | Ki | = BONAIRE | Durango | @TravelAire