Syrma Sgs Technology Limited · NSE:SYRMA
Syrma Sgs Technology — Q4 and FY23 Earnings Presentation
14 slides from Syrma Sgs Technology's earnings presentation, May 18, 2023
Slide 1: Intimation under Regulation 30 SEBI Listing Regulations - Investor Presentation
Date: May 18, 2023 To, Listing Department Department of Corporate Service National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, G Block, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai - 400 051. Dalal Street, Mumbai - 400 001. Symbol: SYRMA Scrip Code: 543
Slide 2: Syrma SGS Technology Earnings Release Q4 and FY23
Syrma SGS Technology Earnings Release Q4 and FY23 May 18th, 2023
Slide 3: Performance Highlights: FY23
Performance Highlights : FY23 ₹ million Total Revenue • Total Revenue up 63% YoY to ₹ 20,921 million EBITDA • EBITDA up by 61% YoY to ₹ 2,315 million; EBIDTA margin at 11.1% PBT • PBT up 61% YoY to ₹ 1,787 million; PBT margin at 8.5% PAT • PAT up 61% YoY to ₹ 1,231 million; PAT margin at 5.9% Export
Slide 4: Brief Financial Summary FY23
Brief Financial Summary FY23 ₹ Million Particulars FY22 FY23 % Change, YoY Total Revenue 12,843 20,921 62.9% Gross Profit 3,922 5,517 40.6% Margin % 30.5% 26.4% (4.2%) Operating Expenses 2,485 3,201 28.8% EBITDA 1,437 2,315 61.1% Margin % 11.2% 11.1% (0.1%) Depreciation and amortization 249 312 25.1
Slide 5: Financial Highlights: FY23
Financial Highlights : FY23 ₹ Million Revenue EBITDA ₹ 20,921 ₹ 2,315 ₹ 1,437 ₹ 12,843 FY22 FY23 FY22 FY23 Profit Before Tax Profit After Tax ₹ 1,231 ₹ 1,787 ₹ 765 ₹ 1,108 FY22 FY23 FY22 FY23 4 Notes: FY22 financials are based on Proforma Consolidated financials.
Slide 6: Industry Segments
Industry Segments Revenue (₹ million) Industry YoY FY22 FY23 Auto 2,515 4,029 60.2% Consumer 2,577 6,597 156.0% Healthcare 1,619 1,633 0.9% Industrials 4,412 6,422 45.6% IT and Railways 1,543 1,802 16.7% Total 12,666 20,484 61.7% 5 Notes: FY22 financials are based on Proforma Consolidated financials
Slide 7: Industry Segment: Material Margins
Industry Segment: Material Margins Material Margin (%) Industry FY22 FY23 Auto 20.4% 22.1% Consumer 38.1% 17.1% Healthcare 48.5% 53.9% Industrials 31.4% 29.9% IT and Railways 5.3% 9.8% Notes: FY22 financials are based on Proforma Consolidated financials. 6
Slide 8: Balance Sheet Summary
Balance Sheet Summary ₹ Million ASSETS FY22 FY23 Net Fixed Assets 2,973 4,310 Goodwill & Intagibles 1,214 1,268 Strategic Investments 47 60 Other non-current assets 243 36 Current Assets 6,280 10,939 Treasury 784 8,800 Total Assets 11,542 25,412 EQUITY AND LIABILITIES FY23 FY22 Equity Equity share c
Slide 9: Debt and Cash
Debt and Cash ₹ Million Particulars 31-Mar-22 31-Mar-23 Term Loan 566 899 Working Capital Loan 1,377 2,570 Total Debt 1,942 3,468 Investments 381 8,291 Cash and Cash Equivalents 369 544 Total Cash & Equivalents 750 8,836 Net Debt / (Cash) 1,192 (5,367) 8
Slide 10: Financial Ratios
Financial Ratios Particulars FY221 FY23 EBITDA Margin (%) 11.2% 11.1% PAT Margin (%) 8.6% 8.5% Net Working Capital Days2 75 74 Net Working Capital Days3 93 90 Net Debt to EBITDA 0.8 NM ROCE (%) 16.8% 15.0% ROCE (%)4 20.2% 23.8% Notes: 1. FY22 financials are based on Proforma Consolidated financials.
Slide 11: Brief Financial Summary Q4 FY23
Brief Financial Summary Q4 FY23 ₹ Million Particulars Q4 FY22 Q3 FY23 Q4 FY23 % Change, QoQ % Change, YoY Total Revenue 3,793 5,244 7,012 33.7% 84.8% Gross Profit 1,042 1,419 1,676 18.1% 60.8% Margin % 27.5% 27.1% 23.9% (3.2%) (3.6%) Operating Expenses 708 823 867 5.3% 22.5% EBITDA 334 596 808 35.7%
Slide 12: Financial Highlights: Q4 FY23
Financial Highlights : Q4 FY23 ₹ Million Revenue EBITDA 85% YoY 142% YoY ₹ 7,012 ₹ 808 ₹ 596 ₹ 5,244 ₹ 334 ₹ 3,793 Q4 FY22 Q3 FY23 Q4 FY23 Q4 FY22 Q3 FY23 Q4 FY23 Profit Before Tax Profit After Tax 180% YoY 153% YoY ₹ 429 ₹ 681 ₹ 342 ₹ 451 ₹ 169 ₹ 243 Q4 FY22 Q3 FY23 Q4 FY23 Q4 FY22 Q3 FY23 Q4 FY23
Slide 13: FY23: Awards & Recognitions
FY23 : Awards & Recognitions The Golden Globe Tiger Awards (Asia Edition) Award for “Best In Training & Organizational Development” By Innovation & Technology Excellence Award by Wabtec ELCINA's Special Jury Award for "Electronics Company of the World HRD Congress Corporation Year" for 2021-22; Awar
Slide 14: Thank you
Investors Contact: Thank you Nikhil Gupta, CFA +91 - 11 - 4235 1122 investor.relations@syrmasgs.com www.syrmasgs.com
Syrma SGS Technology — Q4 and FY23 Earnings Presentation on 6ix