Slide 1: Cover letter to stock exchanges: Earnings Presentation
Ref: CEL/NSEBSE/EP/10112022 10th November, 2022 To, Listing Department Department of Corporate Services ‐ Listing National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Re: Scrip Symbol:
Slide 2: Earnings Presentation Q2/H1-FY23
EARNINGS PRESENTATION Q2/H1-FY23
Slide 3: Snapshot
Snapshot 25+ years of domain expertise in Global Operations with strong Concept to Commissioning 1,800 Employees Electronics Design & Manufacturing presence in India, Europe and North capabilities 650 Designers Solutions America Flexible Engagement Models Strong Supply Chain Network Strong relations
Slide 4: Company Overview
Company Overview • Founded in 1993, Centum Electronics Limited H1-FY23 Key Business Segments: (Centum) is one of the largest Electronics System Operational Income (In Mn) and EBITDA • Engineering R&D (ER&D) Services (34%) – Involves Design and Manufacturing (ESDM) companies in conceptualizing and de
Slide 5: Q2/H1-FY23 Financial Overview
Q2/H1-FY23 FINANCIAL OVERVIEW
Slide 6: H1/Q2-FY23 Financial Highlights
H1/Q2-FY23 Financial Highlights Q2-FY23 Standalone Performance: Q2-FY23 Consolidated Performance: • Operational Income: INR 1,046 Mn • Operational Income: INR 2,011 Mn • Operational EBITDA: INR 34 Mn • Operational EBITDA: INR 83 Mn • Operational EBITDA Margin: 3.25% • Operational EBITDA Margin: 4.13
Slide 7: Q2-FY23 Consolidated Financial Performance
Q2-FY23 Consolidated Financial Performance Revenue from Operations (INR Mn) EBITDA (INR Mn) 2 ,5 0 1 4 0 2,085 121 2,011 1 2 0 114 1,724 2 ,0 0 1 0 1 ,5 0 83 8 0 6 0 1 ,0 0 4 0 5 0 2 0 - 0 Q2-FY22 Q1-FY23 Q2-FY23 Q2-FY22 Q1-FY23 Q2-FY23 PAT (INR Mn) EBITDA Margin (%) and PAT Margin (%) 7.02% Q2-FY22
Slide 8: Q2/H1-FY23 Operational Highlights
Q2/H1-FY23 Operational Highlights • YOY Increase in Revenues was primarily driven by good growth in the EMS division • Decline in EBITDA & PAT margins was mainly due to lower contribution from BTS business due to the lumpy nature of domestic defence/space business. • Order book improved significantl
Slide 9: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q2-FY23 Q2-FY22 Y-o-Y Q1-FY23 Q-o-Q Operational Income 1,046 821 27.4% 980 6.7% Total Expenses 1,012 748 35.3% 920 10.0% EBITDA 34 73 (53.4)% 60 (43.3)% EBITDA Margins (%) 3.25% 8.89% (564) Bps 6.12% (287) Bps Other Income 10 32 (68.8)%
Slide 10: Half Yearly Standalone Financial Performance
Half Yearly Standalone Financial Performance Particulars (INR Mn) H1-FY23 H1-FY22 Y-o-Y Operational Income 2,026 1,423 42.4% Total Expenses 1,932 1,362 41.9% EBITDA 94 61 54.1% EBITDA Margins (%) 4.64% 4.29% 35 Bps Other Income 24 38 (36.8)% Depreciation 81 83 (2.4)% Finance Cost 70 79 (11.4)% Excep
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q2-FY23 Q2-FY22 Y-o-Y Q1-FY23 Q-o-Q Operational Revenue 2,011 1,724 16.6% 2,085 (3.5)% Total Expenses 1,928 1,603 20.3% 1,971 (2.2)% EBITDA 83 121 (31.4)% 114 (27.2)% EBITDA Margins (%) 4.13% 7.02% (289) Bps 5.47% (134) Bps Other Inco
Slide 12: Half Yearly Consolidated Financial Performance
Half Yearly Consolidated Financial Performance Particulars (INR Mn) H1-FY23 H1-FY22 Y-o-Y Operational Revenue 4,096 3,468 18.1% Total Expenses 3,900 3,250 20.0% EBITDA 196 218 (10.1)% EBITDA Margins (%) 4.79% 6.29% (150) Bps Other Income 32 45 (28.9)% Depreciation 218 223 (2.2)% Finance Cost 125 134
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY20 FY21 FY22 H1-FY23 Operational Income 4,824 4,245 3,480 2,026 Total Expenses 4,111 3,621 3,055 1,932 EBITDA 713 624 425 94 EBITDA Margins (%) 14.78% 14.70% 12.21% 4.64% Other Income 43 39 58 24 Depreciation 131 158 165 81 Finance Cost 2
Slide 14: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY21 FY22 H1-FY23 Particulars (INR Mn) FY21 FY22 H1-FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,110 2,120 2,136 Equity 2,547 2,645 2,594 (a) Property, Plant & Equipment 1,075 1,033 970 (a) Share Capital 129 129 129 (b) Capital Work in progres
Slide 15: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 H1-FY23 Operational Revenue 8,833 8,174 7,799 4,096 Total Expenses 7,852 7,279 7,056 3,900 EBITDA 981 895 743 196 EBITDA Margins (%) 11.11% 10.95% 9.53% 4.79% Other Income 153 58 80 32 Depreciation 414 453 432 218 Finance C
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 H1-FY23 Particulars (INR Mn) FY21 FY22 H1-FY23 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 3,611 3,261 2,990 (1) Equity 2,401 1,985 1,900 (a) Property, Plant and Equipment 1,184 1,120 1,039 (a) Equity share capital 129 129 129 21 0 0
Slide 17: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue EBITDA & EBITDA Margins (%) PAT & PAT Margins (%)* 981 3. 00% 3 0 8,833 1.90% 1.47% 895 20. 00% 8,174 2. 00% 2 0 7,799 9 0 18. 00% 742 1. 00% 8 0 16. 00% 1 0 168 (94) 7 0 14. 00% 120 0. 00% - - 1.00 % 6 0 12. 00% 5 0 10. 00% - 1 0 0 FY20 FY21 FY2
Slide 18: Capital Market Data
Capital Market Data 1 Year Stock Performance upto 30th September,2022 Centum Sensex 40% 30% 20% 10% 0% -10% -20% -30% Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Price Data (As on 30th September, 2022) Shareholding Pattern (As on 30th September,2022) CMP 481.1
Slide 19: Disclaimer
Disclaimer Centum Electronics Limited 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 in all eve