Slide 1: Cover letter to stock exchanges on investor presentation
ELIN ELECTRONICS LIMITED ELIN HOUSE, 4771, BHARAT RAM ROAD, 23 DARYA GANJ, NEW DELHI-110 002 W®bslt® : \^/ww.®llnlndla.com T®l. : 91-1143000400 Fax : 91-11-23289340 =£#"= Februay 13th, 2024 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Departm
Slide 2: Q3FY24 & 9MFY24 Earnings Presentation
Elin Electronics Limited Q3FY24 & 9MFY24 Earnings Presentation February 2024
Slide 3: Q3FY24 Snapshot
Q3FY24 Snapshot Total Income EBITDA Profit After Tax INR 2,367 million INR 85 million INR 26 million up ~17% YoY from down ~36% YoY from down ~42% YoY from INR 2,022 million INR 132 million INR 46 million Net Cash / (Debt) Net WC Days INR 793 million ~69 days from from INR 1,012 million ~74 days 1
Slide 4: 9MFY24 Snapshot
9MFY24 Snapshot Total Income EBITDA Profit After Tax INR 7,639 million INR 281 million INR 103 million down 5% YoY from down 50% YoY from down 59% YoY from INR 8,067 million INR 563 million INR 252 million Net cash and equivalents of INR 793 million as at 31 Dec 2023 1
Slide 5: Q3FY24 & 9MFY24 Snapshot
Q3FY24 & 9MFY24 Snapshot Amounts in INR million Q3-FY23 Q3-FY24 Q2-FY24 Q3-FY24 9MFY23 9MFY24 Revenue 2,022 2,367 2,733 2,367 8,067 7,639 EBITDA 132 85 99 85 563 281 Margin % 6.5% 3.6% 3.6% 3.6% 7.0% 3.7% PAT 46 26 39 26 252 103 Revenue grew ~17% on a YoY basis and down ~13% on a QoQ basis, primar
Slide 6: Revenue Breakdown
Revenue Breakdown Amounts in INR million Q3-FY23 Q3-FY24 Q2-FY24 Q3-FY24 9MFY23 9MFY24 Lighting, Fans & Switches 753 709 796 709 2,641 2,337 Small Appliances 314 465 690 465 1,805 1,682 FHP Motors 352 465 557 465 1,488 1,563 Other EMS 75 102 85 102 254 280 Total EMS 1,494 1,741 2,128 1,741 6,189 5,8
Slide 7: Expenditure Analysis
Expenditure Analysis Q3-FY23 Q3-FY24 Q2-FY24 Q3-FY24 9MFY23 9MFY24 Cost of Material 71.5% 73.8% 74.3% 73.8% 73.9% 73.9% Consumed Employee Benefits 14.0% 14.9% 14.1% 14.9% 12.2% 14.4% Other Expenses 8.0% 7.7% 8.0% 7.7% 7.0% 8.0% EBITDA 6.5% 3.6% 3.6% 3.6% 7.0% 3.7% Finance Costs 1.5% 0.8% 0.5% 0.8% 1
Slide 8: Lighting, Fans & Switches
Lighting, Fans & Switches Amounts in INR million Q3-FY23 Q3-FY24 Q2-FY24 Q3-FY24 9MFY23 9MFY24 Lighting 592 600 643 600 1,853 1,839 Flashlights 49 24 55 24 265 182 Fans 77 59 66 59 390 229 Switches 35 26 32 26 133 86 Total 753 709 796 709 2,641 2,337 Lighting revenue (ex-flashlights) grew ~3% YoY
Slide 9: Small Appliances
Small Appliances Amounts in INR million Q3-FY23 Q3-FY24 Q2-FY24 Q3-FY24 9MFY23 9MFY24 Kitchen & Home Care 182 234 459 234 1,333 1,028 Personal Care 132 231 231 231 472 654 Total 314 465 690 465 1,805 1,682 Kitchen & home care revenue grew YoY across categories viz. mixer grinders, irons etc Mixe
Slide 10: Fractional Horsepower Motors
Fractional Horsepower Motors Amounts in INR million Q3-FY23 Q3-FY24 Q2-FY24 Q3-FY24 9MFY23 9MFY24 Consumer Durables 265 358 481 358 1,078 1,253 Fans 39 69 43 69 265 189 Others 48 38 33 38 145 121 Total 352 465 557 465 1,488 1,563 Motors of Consumer durables comprise mixer grinders, hand blenders a
Slide 11: Capex Overview (9MFY24)
Capex Overview (9MFY24) Amounts in INR million Ghaziabad Baddi Goa Total (9MFY24) Land & Building 0.0 4.5 0.0 4.5 Plant & Machinery 24.0 31.3 1.4 56.6 Electrical Installation 17.5 1.8 0.1 19.4 Tools, Dies & Moulds 15.1 31.0 0.9 47.0 Others 14.2 2.7 0.2 17.1 Total 70.8 71.2 2.6 144.6 Capex in Q3FY2
Slide 12: Status of New Product Launches
Status of New Product Launches Description Category Current Status BLDC Fans Lighting, Fans & Switches Launched in Q1FY24 TPW Fans Lighting, Fans & Switches Launched in Q1FY24 Heated Hair-Brush Small Appliances Launched in Q3FY24 Electric Sterilizer Small Appliances Product under testing, launch in
Slide 13: Thank You
Thank You