Tvs Electronics Limited · NSE:TVSELECT
Tvs Electronics — Q3 FY2024 Earnings Presentation
18 slides from Tvs Electronics's earnings presentation, Feb 15, 2024
Slide 1: Intimation letter to stock exchanges
15th February, 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: E
Slide 2: Earnings Presentation Q3/9M-FY24
1 TVS Electronics Ltd. Earnings Presentation Q3/9M-FY24
Slide 3: Snapshot
2 Snapshot PRODUCTS & SOLUTIONS CUSTOMER SUPPORT SERIVCES OPERATIONS FY23 FINANCIALS Leading Transaction Diversified Business & Automation Products Preferred Service Partner 600+ Employees Revenue: INR 3,535 Mn company across Global Brands 3+ Decades Experience Field Support Services 6 Branch Office
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) 72% 28% Point of Field Transaction Support Products Services Track & IT Trace Infrastructure Products Managed Services Repair Manufacturing Services E-Auction Business Mix Percentage as on 9M-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% Health Care & Manufacturing Government Entities Hospitality Banks FY19 FY20 FY21 FY22 FY23 *Note: Online Distribution Business segment with high volume low ma
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 t
Slide 8: Q3/9M-FY24 Highlights
“> Q3/9M-FY24 HIGHLIGHTS
Slide 9: Q3/9M-FY24 Financial Highlights
8 Q3/9M-FY24 Financial Highlights Q3-FY24 performance 9M-FY24 performance INR 869 Mn INR 6 Mn 0.69% Revenue from Operations EBITDA EBITDA Margin INR 2,690 Mn INR 70 Mn 2.60% Revenue from Operations EBITDA EBITDA Margin INR (17) Mn (1.96)% INR (0.93)/share INR (3) Mn (0.11)% INR (0.15)/share PAT PAT
Slide 10: Q3/9M-FY24 Operational Highlights
9 Q3/9M-FY24 Operational Highlights • The Products and Solutions vertical clocked a revenue of INR 627 Million in Q3-FY24, which grew by 6.8% YoY. This was primarily driven by higher B2B sales, with comparatively lower margins in order to expand our customer base and enter new verticals. • The Custo
Slide 11: Q3-FY24 Financial Performance
10 Q3-FY24 Financial Performance Particulars (INR Mn) Q3-FY24 Q2-FY24 Q-o-Q Q3-FY23 Y-o-Y Revenue from Operations 869 922 (5.7)% 886 (1.9)% Total Expenses 863 884 (2.4)% 843 2.4% EBITDA 6 38 (84.2)% 43 (86.0)% EBITDA Margin (%) 0.69% 4.12% (343) Bps 4.85% (416) Bps Other Income 5 5 0.0% (3) NA Depre
Slide 12: 9M-FY24 Financial Performance
11 9M-FY24 Financial Performance Particulars (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Revenue from Operations 2,690 2,683 0.3% Total Expenses 2,620 2,517 4.1% EBITDA 70 166 (57.8)% EBITDA Margin (%) 2.60% 6.19% (359) Bps Other Income 15 17 (11.8)% Depreciation 78 64 21.9% Finance Cost 13 12 8.3% PBT (6) 107 N
Slide 13: Historical Income Statement
12 Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 9M-FY24 Revenue from Operations 2,246 3,079 3,535 2,690 Total Expenses 2,160 2,815 3,337 2,620 EBITDA 86 264 198 70 EBITDA Margin (%) 3.83% 8.57% 5.60% 2.60% Other Income 21 12 15 15 Depreciation 78 63 71 78 Finance Cost 19 10 14 13
Slide 14: Balance Sheet
13 Balance Sheet Equity and Liabilities (INR Mn) FY22 FY23 H1-FY24 Assets (INR Mn) FY22 FY23 H1-FY24 Equity Non Current Assets Share Capital 186 186 186 Property, Plant & Equipment 75 166 214 Other Equity 740 832 813 Right of use assets 51 44 42 Total Equity 926 1,018 999 Capital Work in Progress 2
Slide 15: Financial Highlights
14 Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 151 3,535 264 3,079 2,690 198 95 2,246 86 4.90% 8.57% 70 2.69% 5.60% 0.36% 8 -0.11% 3.83% 2.60% FY21 FY22 FY23 9M-FY24 -3 FY21 FY22 FY23 9M-FY24 FY21 FY22 FY23 9M-FY24 ROE AND ROC
Slide 16: Capital Market Data
15 Capital Market Data Stock Market Performance (As on 31st December, 2023) 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% -10.00% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 TVS Electronics BSE Sensex Price Data (As on 31st December, 2023) INR Shareholding Pattern
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