Elgi Equipments Limited · NSE:ELGIEQUIP
Elgi Equipments — Q4 FY24 Earnings Presentation
10 slides from Elgi Equipments's earnings presentation, May 28, 2024
Slide 1: Exchange filing cover letter for earnings call video and presentation
May 28, 2024 National Stock Exchange of lndia Ltd. BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers C-1, Block G Bandra Kurla Complex Dalal Street Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Through: NEAPS Through: BSE Listing Centre Dear Sir/Madam, Subject: Video link and presentation of the
Slide 2: Analyst Call Q4 FY24
Analyst Call Q4 FY24 28 May 2024
Slide 3: Q4 FY24 vs Q4 FY23 EBITDA reconciliation
Q4 FY24 VS Q4 FY 23 EBITDA reconciliation INR Mn • Sales grew 3.6% ; Contribution% higher by 0.3% • EBITDA should have been INR 1,456 Mn based on contribution on increased Sales. • However, EBITDA is INR 1,252 Mn. This is on account of: • Increase in employee cost - INR 201 Mn (13% Increase) • Sever
Slide 4: Sales highlights
Q4 FY24 Sales highlights INR Mn 120+ Countries where ELGi does business 28 Countries with direct presence 3 Countries with manufacturing presence Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2024 | All Rights Reserved 3
Slide 5: Financial highlights
Q4 FY24 Financial highlights INR Mn Revenue Revenue • Growth over previous year 3.6% • Sequential growth 5.4% PBT Profitability (PBT/Revenue) • 2% drop YoY due to one-time severance costs & higher other income in PY • 1% sequential drop due to one time severance costs & strategic initiatives Confiden
Slide 6: Sales Mix
Q4 FY24 Sales Mix - FY’24 mix change influenced by drop in North America and Europe Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2024 | All Rights Reserved 5
Slide 7: Consolidated financials
Consolidated financials INR Mn * *Q4 FY23 includes profit from sales of property in USA Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2024 | All Rights Reserved 6
Slide 8: YTD FY24 EBITDA reconciliation
YTD FY24 EBITDA reconciliation INR Mn • Sales grew 5.8% ; Contribution higher by 1.7% • EBITDA should have been INR 5,743 Mn based on increased sales and contribution. • However, EBITDA is INR 4,860 Mn. This is on account of: • Increase in employee cost - INR 830 Mn (14%) – • Increment 450 Mn (8%),
Slide 9: Net cash position
Q4 FY24 Net cash position INR Mn Mar'23 Mar'24 Debt (5,059) (5,605) Cash 5,657 7,745 Net Cash 598 2,140 Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2024 | All Rights Reserved 8
Slide 10: Thank you
Thank you