Exide Industries Limited · NSE:EXIDEIND
Exide Industries — Q2 FY25 Earnings Presentation
19 slides from Exide Industries's earnings presentation, November 2024
Slide 1: Exide Industries – Q2FY25 & H1FY25 Presentation
Exide Industries – Q2FY25 & H1FY25 Presentation November 2024
Slide 2: Company Update
Company Update 2
Slide 3: Company snapshot
Company snapshot Legacy of 75+ years of Long-term rating: ICRA AAA/Stable operations in India Short-term rating: ICRA A1+ Diversified product portfolio, with batteries Debt-free company from 2.5Ah to 20,200Ah Exide Presence in 60+ Listed on stock Industries countries exchanges since 1979 Limited 10
Slide 4: Realigning the portfolio for a sharper Go-To-Market strategy
Realigning the portfolio for a sharper Go-To-Market strategy Trade - catering to Institutional– catering International the B2C market to the B2B market Business Mobility Vehicular Automotive OEMs Batteries 4-Wheeler 2-Wheeler 3-Wheeler 4-Wheeler 2-Wheeler 3-Wheeler Traction Reserve Infrastructure ba
Slide 5: Key Financial Highlights
Key Financial Highlights 5
Slide 6: Demand trends and outlook in key end-user markets
Demand trends and outlook in key end-user markets Market Trend Market Market Trend Market H1FY25 Outlook H1FY25 Outlook 4W Trade Vehicular Market OEMs 2W Trade Industrial market Infrastructure Non-vehicular Telecom (Home-UPS) Industrial- International UPS Trade Business Solar Solutions 6
Slide 7: Q2FY25 Financial Highlights
Q2FY25 Financial Highlights Q2FY25 – Operational Highlights Revenues EBITDA • Revenue growth driven by uptick in demand in Rs.4,267 Crore Rs.484 Crore the replacement businesses and the (+3.9% YoY) (EBITDA margin: 11.3%) international business. • The two-wheeler and four-wheeler replacement markets
Slide 8: H1FY25 Financial Highlights
H1FY25 Financial Highlights H1FY25 – Operational Highlights Revenues EBITDA Rs.8,580 Crore Rs.978 Crore • Sales is driven by steady growth in the overall trade business and in the international (+4.9% YoY) (EBITDA margin: 11.4%) business. • Replacement demand is picking up across end- user markets a
Slide 9: Strong balance sheet and positive cash flow generation
Strong balance sheet and positive cash flow generation Balance sheet Highlights Particulars Unit Mar-24 Sept-24 Total Equity Rs. Crore 13,137 14,196 • Continue to maintain the zero debt:equity Total Debt Rs. Crore Nil Nil Debt : Equity X Nil Nil • Healthy return ratios RoCE* % 20.1% 20.4% Positive C
Slide 10: Management Commentary
Management Commentary In the first half of the year, we have delivered EBITDA and PBT margin of 11.4% and 9.0%, respectively. Efficient procurement coupled with cost optimisation initiatives have led to stability in operating performance, despite high commodity prices. For the near-term, business ou
Slide 11: Green Technology Solutions: Lithium-ion Cells & Batteries
Green Technology Solutions: Lithium-ion Cells & Batteries 11
Slide 12: Exide is ahead of the curve in its lithium-ion foray
Exide is ahead of the curve in its lithium-ion foray Exide Industries Limited 100% Subsidiary Exide Energy Solutions Limited (EESL) A B Lithium-ion Cell manufacturing Lithium-ion packs and module plant, Bengaluru facility, Prantij (Gujarat)* • Construction & project works under • Earlier a subsidiar
Slide 13: Significant progress across workstreams for timely completion
Significant progress across workstreams for timely completion Particulars Progress • Main cell building, admin building, warehouse and other support building nearing completion Project Construction • Key mechanical and electrical utilities works continuing in the buildings • Equipment placement and
Slide 14: Onsite Construction works are in advanced stages...
Onsite Construction works are in advanced stages... 14
Slide 15: Financials
Financials 15
Slide 16: Standalone Profit & Loss account – Q2FY25
Standalone Profit & Loss account – Q2FY25 Particulars (Rs. Crore) Q2FY25 Q2FY24 YoY Q1FY25 QoQ Sales 4,267.3 4,106.7 3.9% 4,312.8 -1.1% Cost of Goods Sold 2,921.3 2,829.2 2,989.5 Gross Profit 1,346.0 1,277.5 5.4% 1,323.3 1.7% Gross Profit Margin (%) 31.5% 31.1% 30.7% Employee Expenses 267.5 256.1 26
Slide 17: Standalone Profit & Loss account – H1FY25
Standalone Profit & Loss account – H1FY25 Particulars (Rs. Crore) H1FY25 H1FY24 YOY Sales 8,580.1 8,179.3 4.9% Cost of Goods Sold 5,910.8 5,751.2 Gross Profit 2,669.2 2,428.1 9.9% Gross Profit Margin (%) 31.1% 29.7% Employee Expenses 532.5 493.3 Other Expenses 1,158.8 1,019.5 EBITDA 977.9 915.3 6.8%
Slide 18: Disclaimer
Disclaimer In this document, we have disclosed forward-looking information to enable analysts and investors comprehend our prospects and take investment decisions. This document and other statements–written and oral, that we periodically make, contain forward-looking statements that set out anticipa
Slide 19: THANK YOU!
THANK YOU! Investor Contact Chhavi Agarwal, CFA Head- Investor Relations & Sustainability E-mail: investor.relations@exide.co.in 19