Slide 1: Cover letter to stock exchanges
October 25, 2024 Listing Department Department of Corporate Services -Listing National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Phiroze JeeJeebhoy Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Mumbai - 400 051 Fort, Mumbai – 400 001 Trading Symbol:
Slide 2: Earnings Presentation Q2 & H1 FY25
O r i ent E l ec t r i c Li mi ted Earnings Presentation Q2 & H1 FY25 October 25, 2024
Slide 3: Strategy in Action | Key Updates
Strategy in Action | Key Updates Premiumization | Taking shape Lighting | Strategic thrust Go to Market | ECD Service Direct-to-Market Premiumization across categories been stepped up Geared for disproportionate growth through distribution Transitioning fans servicing from MD to Direct through produ
Slide 4: Financial Results | Snapshot
Financial Results | Snapshot Q2FY25 H1FY25 Sales Gross Profit Margin Gross Profit Margin Sales ₹ 660Cr ₹ 214Cr 32.4% ₹ 1,415 Cr ₹ 464Cr 32.8% +16.4% YoY YoY +24.5% +210bps -12.5% QoQ QoQ -14.6% -76bps +11.2% YoY YoY +19.6% +230bps EBITDA Margin PBT* Margin EBITDA Margin PBT* Margin ₹ 36Cr 5.4% ₹ 14C
Slide 5: Financial Results | Highlights
Financial Results | Highlights Robust Growth| Strategy in action delivering results Achieved 16.4% YoY revenue growth, with encouraging performance in the lighting, appliances and Fans segments on the back of digital thrust, festival lifting and higher realizations. Gross Margin expansion by 210 bps
Slide 6: Lighting & Switchgear
Lighting & Switchgear
Slide 7: Financial Results | Q2FY25 Segment Highlights
Financial Results | Q2FY25 Segment Highlights Industry leading growth in Lighting – driven by premiumization Revenue ▪ L&S grew at ~8% YoY, with distribution network expansion and 221 NPD contributing 5% of the revenue. ▪ Lighting achieved double-digit value growth and high teens 210 volume growth d
Slide 8: Electrical Consumer Durables
Slide 9: Financial Results | Q2FY25 Segment Highlights
Financial Results | Q2FY25 Segment Highlights Accelerating ECD growth with innovation and consumer centricity Revenue ▪ ECD achieved robust revenue growth of ~ 21% YoY, driven by an improved product mix and higher volumes. 545 ▪ Appliances saw significant double-digit growth, fueled by strong 440 pe
Slide 10: Business Initiatives
Business Initiatives
Slide 11: New Product Launches – H1 FY25
New Product Launches – H1 FY25 ECD Aeon BLDC Pro Aerosense UL BLDC Aerosense Non-UL Arena Blanco Zippy Pro Kitchen Klassic MG – 500W Pro BLDC Pro Lighting Crystal Recess COB Prism Spot Razor 3CCT panel Moodlight Recess Magnelite Fold Magnelite Grille Magnelite Linear Magnelite Track Downlighter Pane
Slide 12: Lighting: Focus on building Value-Added LUM product portfolio
Lighting: Focus on building Value- Added LUM product portfolio Digital Films and Influencers to promote LUM products Packaging Refresh Premium products Retail Visibility Driving Premium Imagery in BTL 11
Slide 13: Fans: Investments continued to build premium and BLDC portfolio
Fans: Investments continued to build premium and BLDC portfolio TV support continued for focus markets South, Hyperlocal OOH in South Markets Expanding Retail presence West and WB focused Project Spotlight Live fan displays at premium counters Strong 360 support to build flagship model – Aeon BLDC M
Slide 14: Key Projects executed in Street Lighting and Façade
Key Projects executed in Street Lighting and Façade Rail Bhawan Srinagar Smart City Ayodhya Puri Parikrama Marg FY24 ▪ Rail Bhawan ▪ Srinagar smart city ▪ Surat Ahmedabad Metro Puri ▪ Mumbai Metro Rail Corp Surdarshan Setu Meerut Najibabad, Package No 1 ▪ Ayodhya ▪ Surdarshan Setu ▪ Puri Parikrama M
Slide 15: Financial Summary
Financial Summary 14
Slide 16: Profit & Loss Statement
Profit & Loss Statement Particular (in Rs Crore ) Q2 FY25 Q2 FY24 YoY% Q1 FY25 QoQ% H1'25 H1'24 YoY% Revenue from Operations 660.2 566.9 16.4% 754.9 -12.5% 1415.0 1272.5 11.2% COGS 446.4 395.2 12.9% 504.7 -11.6% 951.1 884.5 7.5% Gross Profit 213.8 171.7 24.5% 250.2 -14.6% 464.0 388.0 19.6% Gross Mar
Slide 17: Balance Sheet
Balance Sheet Particular (in ₹ Crore) As at Sep 30, 2024 As at Mar 31, 2024 Particular (in ₹ Crore) As at Sep 30, 2024 As at Mar 31, 2024 Assets Equities & Liabilities Non-Current Assets Equity and Share Capital 21 21 Property, Plant and Equipment 375 140 Other Equity 629 618 Capital work in progres
Slide 18: Key Ratios – H1FY25
Key Ratios – H1FY25 Financial ratios H1FY23 H1FY24 H1FY25 Comments ROCE (pre-tax) 29.2% 20.7% 15.4% Higher asset base due to Hyderabad plant capitalisation Current Ratio 1.6 1.5 1.3 Net Working Capital Days 22 27 19 Debt-Equity ratio 0.03 0.03 0.03 Position as on September end (₹ Cr) H1FY23 H1FY24 H
Slide 19: Shareholder Information
Shareholder Information Shareholding Pattern – Sep 30, 2024 Other DIIs 2.11% FIIs (1.40%) 6.99% (6.56%) Stock Data Bloomberg Ticker ORIENTEL IN Promoters BSE Ticker 541301 Mutual Funds 38.31% 25.78% NSE Ticker ORIENTELEC (26.33%) Market Capitalization (₹ Cr.) - Sep 30, 2024 5,129 No. of Shares Outst
Slide 20: Thank You!
THANK Orient Electric Limited CIN : L31100OR2016PLC025892 YOU! Regd. Office: Unit VIII, Plot No.7, Bhoinagar, Bhubaneswar, Odisha 751012 investor@orientelectric.com www.orientelectric.com Follow us DISCLAIMER: Cautionary statement regarding forward-looking statements This presentation may contain ce