Crompton Greaves Consumer Electricals Ltd. · NSE:CROMPTON
Crompton Greaves Consumer Electricals — Q3 FY2022 Earnings Presentation
12 slides from Crompton Greaves Consumer Electricals's earnings presentation, Jan 29, 2022
Slide 1: Cover letter to BSE and NSE
Crompton Crompton Greaves Consumer Electricals Limited Registered & Corporate Office: Tower 3, 1st Floor, East Wing, Equinox Business Park, LBS Marg, Kurla (West), Mumbai 400 070. India Tel: +91 22 6167 8499 F: +91 22 6167 8383 Date: January 28, 2022 W: www.crompton.co.in. CIN: L31900MH2015PLC262254
Slide 2: Standalone Results for Quarter Ended December 31, 2021
Crompton Greaves Consumer Electricals Limited Standalone Results for Quarter Ended December 31, 2021 Business grew 7% with turnover of Rs 1410 crores. Ongoing premiumisation, Cost reduction and measured pricing mitigated commodity cost inflation, enabling us to maintain superior margins. Mumbai, Jan
Slide 3: Information Update – Q3 FY22 (Standalone)
Information Update – Q3 FY22 (Standalone) January 2022
Slide 4: Table of Contents
Table of Contents ▪ Quarterly Update ▪ Key Highlights – Q3 FY 22 ▪ Summary of Q3 Results ▪ Segment Details ▪ Cash Flow highlights ▪ Cash / (Debt) ▪ Key Financial Ratios
Slide 5: Quarterly Update
Quarterly Update • Health and safety of our employees continues to be of utmost importance to the company • We have implemented a strict WFH policy across all our offices since January 2022 • ~92% of our employees are fully vaccinated. • Sales operations (dealers, distributors and retailers includin
Slide 6: Key Highlights – Q3
Key Highlights – Q3 ▪ ECD Performance (18% CAGR over Q3 FY20, Fans- 22% CAGR , Appliances- 28% CAGR; ECD 6% GoLY) o Broad based growth across all product lines. o Strong performance with a growth of 11% over last year in Fans driven by premium & deco fans o Appliance business continues growth trajec
Slide 7: Summary of Standalone Q3 Results
Summary of Standalone Q3 Results Q3 FY22 Q3 FY21 Q2 FY22 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Net Sales 1,410 1,323 6.6% 1,385 Less: Material Cost 963 896 7.6% 941 Material Margin 447 428 4.5% 443 as a % of Net Sales 31.7% 32.3% 32.0% Employee Cost 94 93 1.3% 96 Advertisement 30 11 171.0% 7 • Conti
Slide 8: Segment Details
Segment Details Segment Revenue Q3 FY22 Q3 FY21 Q2 FY22 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Electrical Consumer Durables 1,099 1,036 6% 1,096 Lighting Products 311 287 8% 288 Total Income from Operation 1,410 1,323 7% 1,385 Segment EBIT Q3 FY22 Q3 FY21 Q2 FY22 Particulars Rs. Cr EBIT % Rs. Cr EBIT
Slide 9: Cash Flow Highlights
Cash Flow Highlights Particulars Q3 FY 22 Q3 FY 21 Rs Cr. Rs Cr. Profit before exceptional items and tax 199 198 Adjustments for: Depreciation 10 7 Interest and other adjustments 4 -3 (Increase) / Decrease in Working Capital 51 93 • Working capital reduction on back of Cash from Operation 264 295 pr
Slide 10: Cash / (Debt)
Cash / (Debt) As on Dec21 As on Dec 20 As on Sep 21 Particulars Rs. Crs Rs. Crs Rs. Crs Cash and Cash Equivalent 345 442 130 Other Bank Balances 52 24 72 Current Investment 962 812 984 Less: Total Debt* 276 479 300 Net Cash / (Debt) 1,083 799 886 Net Debt/Equity NA NA NA Net Debt/EBIDTA (Annualised)
Slide 11: Key Financial Ratios
Key Financial Ratios EBIDTA Margins PBT Margins 14.8% 14.3% 14.9% 14.1% Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 RoCE RoE 68.0% 28.9% 56.7% 24.8% 9M FY21 9M FY22 9M FY21 9M FY22 RoE and RoCE computed for 9 months have been annualised
Slide 12: Thank You
Thank You
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