Elin Electronics Limited · NSE:ELIN
Elin Electronics — Q3 FY2025 Earnings Presentation
12 slides from Elin Electronics's earnings presentation, Feb 8, 2025
Slide 1: Elin Electronics Limited stock exchange cover letter
ELIN ELECTRONICS LIMITED Regd. a Corp. Office : 4771. BHARAT RAM ROAD, 23 DARYA CANJ, NEW DELHI-110 002 Website : \^/ww.elinindia.com Tel. : 91-1143000400 Fax : 91-11.23289340 February O8th, 2025 National Stock Exchange of India Limited BSE Lindted Exchange Plaza, 5th Floor, Corporate Relationship D
Slide 2: Q3 & 9MFY25 Earnings Presentation
Elin Electronics Limited Q3 & 9MFY25 Earnings Presentation February 2025
Slide 3: Q3FY25 Snapshot
Q3FY25 Snapshot Total Operating Income EBITDA Profit After Tax INR 2,663 million INR 76 million INR 14 million up ~13% YoY from down ~11% YoY from down ~ 47% YoY from INR 2,367 million INR 85 million INR 26 million Net Cash / (Debt) Net WC Days INR 1,087 million ~ 59 days (Dec 2024) from from INR 98
Slide 4: Q3FY25 & 9MFY25 Snapshot
Q3FY25 & 9MFY25 Snapshot INR million Q3-FY24 Q3-FY25 Q2-FY25 Q3-FY25 9MFY24 9MFY25 Revenue 2,367 2,663 3,046 2,663 7,639 8,645 EBITDA 85 76 113 76 281 321 Margin % 3.6% 2.9% 3.7% 2.8% 3.7% 3.7% PAT 26 14 48 14 103 121 Revenue grew ~13% on a YoY basis and down ~13% on a QoQ basis: YoY growth was
Slide 5: Revenue Breakdown
Revenue Breakdown INR million Q3-FY24 Q3-FY25 Q2-FY25 Q3-FY25 9MFY24 9MFY25 Lighting, Fans & Switches 709 676 666 676 2,337 2,237 Small Appliances 465 523 829 523 1,682 1,988 FHP Motors 465 558 741 558 1,563 1,956 Other EMS 102 155 111 155 280 405 Total EMS 1,741 1,912 2,347 1,912 5,862 6,586 Precis
Slide 6: Expenditure Analysis
Expenditure Analysis Q3-FY24 Q3-FY25 Q2-FY25 Q3-FY25 9MFY24 9MFY25 Cost of Material Consumed 73.8% 74.7% 75.2% 74.7% 73.9% 74.5% Employee Benefits 14.9% 14.9% 14.1% 14.9% 14.4% 14.5% Other Expenses 7.7% 7.5% 7.0% 7.5% 8.0% 7.3% EBITDA 3.6% 2.9% 3.7% 2.9% 3.7% 3.7% Finance Costs 0.8% 0.6% 0.7% 0.6% 0
Slide 7: Lighting, Fans & Switches
Lighting, Fans & Switches INR million Q3-FY24 Q3-FY25 Q2-FY25 Q3-FY25 9MFY24 9MFY25 Lighting 600 512 500 512 1,839 1,646 Flashlights 24 34 61 34 182 200 Fans 59 107 87 107 229 320 Switches 26 24 18 24 86 71 Total 709 676 666 676 2,337 2,237 Lighting revenue declined ~15% YoY as the industry contin
Slide 8: Small Appliances
Small Appliances INR million Q3-FY24 Q3-FY25 Q2-FY25 Q3-FY25 9MFY24 9MFY25 Kitchen & Home Care 234 232 494 232 1,028 1,121 Personal Care 232 290 336 290 653 867 Total 465 523 829 523 1,682 1,988 Kitchen & home care revenue was flat YoY despite addition of sale of OFR which is a new category Subs
Slide 9: Fractional Horsepower Motors
Fractional Horsepower Motors INR million Q3-FY24 Q3-FY25 Q2-FY25 Q3-FY25 9MFY24 9MFY25 Consumer Durables 358 449 612 449 1,253 1,533 Fans 69 39 68 39 189 226 Others 39 70 61 70 120 197 Total 465 558 741 558 1,563 1,956 Motors of Consumer durables comprise mixer grinders, hand blenders and chimney
Slide 10: Capex Overview (9MFY25)
Capex Overview (9MFY25) Ghaziabad Baddi Goa Total Land & Building 97 - - 97 Plant & Machinery 66 3 27 96 Electrical Installation 10 1 0 11 Tools, Dies & Moulds 35 12 6 53 Others 17 2 1 20 Total 226 17 34 277 Capex in Q3FY25 was INR 59 million, largely on account of INR 36 million of P&M and INR 14
Slide 11: Status of New Product Launches
Status of New Product Launches Description Category Current Status Electric Kettle Small Appliances Product under development, launch in FY25 OTG Small Appliances Product under development, launch in FY25 Chimney Small Appliances Product under development, launch in FY26 Air Fryers Small Appliances
Slide 12: Thank You
Thank You