Slide 1: Cover letter to stock exchanges
30" May, 2022 The Listing Department, The Manager The Manager, The Calcutta Stock Exchange | The Department of Corporate | The Listing Department, Ltd, Services, National Stock Exchange of India 7, Lyons Range, BSE Limited, P. J. Towers, Limited, Exchange Plaza, Kolkata - 700001 Dalal Street, Bandra
Slide 2: Linc Limited (formerly Linc Pen and Plastics Limited)
NSE : LINC BSE : LINC Linc Limited Bloomberg : LINC:IN (formerly Linc Pen and Plastics Limited) 1
Slide 3: Contents
1. Executive . 5. 9. Quarterly Shareholding Summary . Highlights Pattern 03 . 07 - 10 . 15 . . . . 2. Management Operational Commentary 04 . . 6. Highlights 11 - 12 . . 10. Why Linc? 16 . . 3. Key Highlights 05 . . 7. Quarterly Profit and Loss 13 . . 11. Disclaimer 17 Focus on . . 4. Annual Highligh
Slide 4: Executive Summary
➢ Among Top 3 brands ➢ New Writing Instrument ➢ Global brand from ➢ Asia’s largest stationery in India for Writing brand launched in FY19 by Mitsubishi Pencil Co. Ltd, giant. • Linc Ltd. is one of Instruments. Linc in MRP ₹10 and above Japan. India’s largest writing segment. instrument companies wit
Slide 5: Management Commentary
“On the backdrop of Schools & Colleges reopening fully due to removal of Covid induced restrictions, our revenue has displayed reasonable growth both sequentially as well as YoY. Our Operating Income for Q4 FY 22 at ₹ 11,055 lacs surpassed pre covid level of ₹ 10,098 lacs in Q4 FY 20. With students
Slide 6: Key Highlights
Operating Income up 17.9% YoY, Gross Profit up 17.0% YoY at 16.0% QoQ at ₹ 11,055 lacs. ₹2,536 lacs and Margin stood at Dividend of 18% declared at a 22.9% dividend payout of ~33% Operating EBITDA down 10.6% 'Pentonic' Sales continued to YoY at ₹ 584 lacs and Margin grow and was over 25% of stood at
Slide 7: Annual Highlights
₹ Lacs Growth (YOY) 38.3% 46.7% 111.7% NA2 NA2 64.6% Margin(%) 23.8% 6.1% 3.1% 2.3% Margin 136 bps 210 bps 454 bps 228 bps Expansion/Contraction (YOY) EPS/CEPS 5.47 14.09 Note: 1. Cash Profit = PAT add Depreciation 2. Considered NA as PBT was negative and PAT was minute in FY 21 3. Margins calculate
Slide 8: Quarterly Highlights
₹ Lacs Growth (YOY) 17.9% 17.0% -10.6% -9.7% -51.7% -32.3% Growth (QOQ) 16.0% 4.9% -13.0% 8.0% 7.4% 1.7% Margin(%) 22.9% 5.3% 3.6% 2.7% Margin -18 bps -168 bps -110 bps -390 bps Expansion/Contraction (YOY) EPS/CEPS 2.01 4.21 Note: 1. Cash Profit = PAT add Depreciation 2. Margins calculated on Operat
Slide 9: Operational Highlights: Balance Sheet
₹ Lacs Particulars 31-Mar-22 31-Dec-21 31-Mar-21 ROE(%)2 ROCE(%)2 Net Worth 14,285 13,979 13,471 6.6% 7.7% 5.9% 5.0% Short Term Borrowing 299 142 812 Long Term Borrowing - - - 0.0% -0.6% Gross Debt 299 142 812 FY 21 Dec' 21 FY 22 FY'21 Dec' 21 FY'22 Cash & Cash equivalent 9 63 14 Net Debt/Equity Ne
Slide 10: Revenue by brand
₹ Lacs Writing Instruments Writing Instruments Other Products Other Products Revenue Own Brands Licensed Brands Own Brands Licensed Brands Pentonic Linc & Others (Uni-Ball) Pentonic Linc & Others (Deli) Q4 FY22 3,202 5,346 1,367 1 79 336 Sales Contribution (%) 31.0% 51.7% 13.2% 0.01% 0.8% 3.3
Slide 11: Revenue by trade channel
₹ Lacs Writing Instruments Trade Channel Other Products Revenue General Trade Modern Trade E-Commerce Corporate Exports Q4 FY22 6,536 299 443 144 2,909 Sales Contribution (%) 63.3% 2.9% 4.3% 1.4% 28.2% Q3 FY22 6,043 309 469 90 1,734 Sales Contribution (%) 69.9% 3.6% 5.4% 1.0% 20.1% Q4 FY21 5,675
Slide 12: Increasing touch points; focus on brand building
Increasing touch points Focus on brand building 2,18,471 1,67,584 3.1% 1,48,898 1,51,328 39,996 1,35,184 1,45,150 35,049 36,694 35,496 1,16,963 33,189 ₹ LACS 78,710 25,666 65,000 56,553 62,405 66,736 1.7% 46,000 50,000 45,765 1.5% 1.3% 1.6% 454 177 0.5% 539 1,242 414 602 FY 18 FY 19 FY 20 Dec 20 Mar
Slide 13: Average realization and higher margin products
Growth in average realization of Pens Focus on higher margin products 5.53 5.62 5.57 5.62 25.5% 24.7% 4.90 20.0% 17.2% 23.8% 4.52 4.32 3.96 ₹ 3.65 7.0% 21.8% 0.0% FY 18 FY 19 FY 20 FY 21 FY 22 FY18 FY19 FY20 FY21 FY22 FY18 FY20 FY 22 Average Pentonic Pentonic Share in Revenue Company GPM • Consisten
Slide 14: Quarterly Profit and Loss
₹ Lacs Particulars Q4 FY 22 Q4 FY 21 YOY Change Q3 FY 22 QOQ Change FY22 FY21 YOY Change Operating Income 11,055 9,377 17.9% 9,533 16.0% 35,496 25,666 38.3% Gross Profit 2,536 2,168 17.0% 2,416 4.9% 8,441 5,753 46.7% Gross Profit (%) 22.9% 23.1% -0.8% 25.3% -9.5% 23.8% 22.4% 6.1% Op EBITDA
Slide 15: Shareholder Value Creation
FCF VS DIVIDEND PAYOUT 5000 60.0% 52% 4,723 4000 50.0% • Steady increase in Free Cash Flow 34% 3,835 40.0% ₹ LACS 3000 3,317 • Consistent Dividend Pay-out track record of greater than 30% 33% 30.0% 2000 12% (Other than Covid years due to cash conservation) 20.0% 2,044 0% 534 223 1,317 1000 267 268 1
Slide 16: Quarterly Shareholding Pattern
27.4% Promoters Mitshubishi Pencil Co Ltd 0.3% IEPF 58.70% 0.2% NRI, FII etc. 13.5% Other Public As on 31st Mar 22 15
Slide 17: Why Linc?
Education sector Strong Balance Sheet with experiencing strong tail very low leverage winds in India; hence demand for company’s products will continue to grow Presence over all categories Strong in-house – Roller Pen, Gel Pen & Ball manufacturing facilities with Pen - in affordable & mid judicious
Slide 18: Disclaimer
The information contained in this presentation is provided by Linc Limited (the “Company”). Although care has been taken to ensure that the information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the information is subject to change without notice, its
Slide 19: Thank You
For further details please contact Director Finance & CFO Investor Relations Advisor N.K.Dujari Email: investors@lincpen.com Phone No.: +91 9830042353 Sanjeev Sancheti Landline: +91 33 68262100 Email: ss@uirtus.in Phone No.: +91 9836244222 18