Amber Enterprises India Ltd. · NSE:AMBER
Amber Enterprises India — Q4 FY24 Earnings Presentation
23 slides from Amber Enterprises India's earnings presentation, May 18, 2024
Slide 1: Cover letter to BSE and NSE
www.ambergroupindia.com Date: 18 May 2024 To To Secretary Secretary Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Department of Corporate Services Phiroze Exchange Plaza, Bandra Kurla Complex, Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Mumbai – 400
Slide 2: Q4FY24 Result Presentation
Amber Enterprises India Limited Q4FY24 Result Presentation May 2024 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Amber Enterprises India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Consolidated Performance
Consolidated Performance Rs. In Crs REVENUE^ EBITDA# Operating EBITDA* PAT 6.8% 8.1% 6.9% 7.7% FY24 6,927 6,729 547 164 471 475 519 139 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 7.4% 8.6% 6.8% 8.3% Q4FY24 3,003 2,805 108 240 234 99 222 204 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 ▪ Incr
Slide 5: Consolidated Operating EBITDA & Revenue Build-up
Consolidated Operating EBITDA & Revenue Build-up Rs. In Crs Q4FY24 FY24 2,806 480 6,729 484 123 1,241 480 2,199 484 5,009 1,241 REVENUE^ Consumer Electronics Railway Sub- Total Consumer Electronics Railway Sub- Total Durables Division* Division* systems & Durables Division* Division* systems & Mobil
Slide 6: Capacity building across business divisions has fuelled growth
Capacity building across business divisions has fuelled growth 5% 4% 4% 4% 11% 13% 14% 17% Q4FY21 Q4FY22 Q4FY23 Q4FY24 Rs. 1,598 Crs Rs. 1,938 Crs Rs. 3,003 Crs Rs. 2,806 Crs 84% 83% 82% 79% 7% 7% 6% 7% 15% 15% 16% 18% FY21 FY22 FY23 FY24 Rs. 3,031 Crs Rs. 4,207 Crs Rs. 6,927 Crs Rs. 6,729 Crs 78% 7
Slide 7: Consumer Durables Division
CONSUMER DURABLES DIVISION
Slide 8: Consumer Durables: Product Portfolio
Consumer Durables: Product Portfolio Product Portfolio • RAC: o Split AC, Window AC, Inverter AC o Cassette AC and Ductables • RAC Components: o Heat Exchanger RAC ODU / IDU Window AC o Injection Molding o Motor o Copper Tubing o Cross-Flow & Axial Fans o Sheet metal components • Non-RAC Components
Slide 9: Consumer Durables Division Performance
Consumer Durables Division Performance Q4FY24 FY24 Comments • Expanded into non-RAC applications such as telecom, smart meters and automobiles • Amber enjoys a market share of 27.3% of the REVENUE* manufacturing footprint of RAC industry 2,475 5,380 5,009 2,199 1,346 1,610 3,302 • Owing to improved
Slide 10: Entering into fully automatic washing machine business
Entering into fully automatic washing machine business Amber Enterprises India Limited Acquisition Synergy Executed definitive agreement with Resojet on 21-03-2024 Strengthen its Consumer Durables Division Acquired 50% stake on 4th May 2024 Expand footprint in the consumer durables space, beyond roo
Slide 11: Electronics Division
ELECTRONICS DIVISION
Slide 12: Electronics: Product Portfolio
Electronics: Product Portfolio Product Portfolio for PCBA’s and PCB • Consumer Durables and • Automobiles: Smart watch and TWS RRH & BBU Bluetooth speaker Electronics: • 2-wheeler • Air Conditioner • 4 – Wheeler • Microwave • Refrigerator • Energy Solutions • Television Microwave PCBA • Smart Energy
Slide 13: Diversification into various other business applications
Diversification into various other business applications Comments 1% (Automobile) 1%(Automobile) 1% (Energy) • To gain a competitive edge amid the transition from fixed-speed to 19% 4% 4% inverter ACs, we acquired ILJIN and EVER in 2018. This strategic move 19% enhanced our leadership position as an
Slide 14: Electronics Division Performance
Electronics Division Performance Q4FY24 FY24 Comments • Revenue grew by 10% YoY to Rs. 1,241 Crs. In FY24 • Operating EBITDA Margin grew by 110 REVENUE* 484 bps YoY to 5.6% in FY24 415 1,125 1,241 245 • Wearable segment witnessing a strong 172 617 growth 455 • Telecom products reflecting a robust Q4
Slide 15: Railway Sub-systems & Mobility Division
RAILWAY SUB-SYSTEMS & MOBILITY DIVISION
Slide 16: Railway Sub-systems & Mobility: Product Portfolio
Railway Sub-systems & Mobility: Product Portfolio Product Portfolio • Railways & Metros: o Coach HVAC System Railway & Metro Coach ACs Saloon AC Cabin AC o Driver Cab AC o Pantry & its Equipment o Doors (External & Internal) o Gangways o Further adding Pantograph, driving Doors Gangway gear and coup
Slide 17: Strategic initiatives in place to improve the wallet share
Strategic initiatives in place to improve the wallet share Comments % Wallet share per passenger coach • To broaden our market reach in the HVAC sector, we acquired Sidwal in 2019 to address the mobility infrastructure needs of the country, encompassing railways, metro systems, buses, and defence. •
Slide 18: Railway Sub-systems & Mobility Division Performance
Railway Sub-systems & Mobility Division Performance Q4FY24 FY24 Comments • Revenue grew by 13.7% YoY to Rs. 480 Crs. in FY24 REVENUE* • Groundbreaking ceremony of new greenfield 480 facility for SIDWAL has been done in May’24 123 422 113 and is expected to commence operations by 80 82 289 201 Q1FY26
Slide 19: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE
Slide 20: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs in Crs) Q4FY24 Q4FY23 YoY FY24 FY23 YoY Revenue from Operations 2,805 3,003 -7% 6,729 6,927 -3% Raw Material Consumption (RMC) 2,336 2,593 5,500 5,868 Gross Profit 470 409 15% 1,229 1,059 16% Gross Margins (%) 16.7% 13.6% 18.3% 15.3% Employee Expe
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs in Crs.) 31-Mar-24 31-Mar-23 Particulars (Rs in Crs.) 31-Mar-24 31-Mar-23 Non-Current Assets 3,237 2,407 Equity 2,116 1,954 Property, plant and equipment (including 2,092 1,789 Equity share capital 34 34 Right-of-use assets) Capital work-in-progress 24 13 O
Slide 22: Consolidated Cash Flow
Consolidated Cash Flow Particulars (Rs in Crs.) FY24 FY23 Operating profit before working capital changes 508 433 Changes in working capital 503 (58) Cash generated from operations 1,011 374 Direct taxes paid (net of refund) (46) (54) Net Cash from Operating Activities (A) 965 321 Net Cash from Inve
Slide 23: Contact Us
Contact Us Company : Investor Relations Advisors : CIN: L28910PB1990PLC010265 CIN: U74140MH2010PTC204285 Mr. Sudhir Goyal Mr. Rahul Agarwal / Mr. Karan Thakker sudhirgoyal@ambergroupindia.com rahul.agarwal@sgapl.net / karan.thakker@sgapl.net +91 98214 38864 / +91 81699 62562 www.ambergroupindia.com
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