Slide 1: Exchange filing cover letter for Earnings Presentation Q3 FY2022-23
16th February, 2023 BSE Limited Phiroze Jeejeebhoy Towers, ,Dalal Street, Mumbai - 400 001 Scrip Code - 532513 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra - Kurla Complex Bandra (E) Mumbai - 400 051 Scrip Symbol - TVSELECT Dear Sir/ Madam, Sub: E
Slide 2: Earnings Presentation Q3/9M-FY23
1 TVS Electronics Ltd. Earnings Presentation Q3/9M-FY23
Slide 3: Snapshot
2 Snapshot PRODUCTS SERVICES OPERATIONS FY22 FINANCIALS Leading Transaction Servicing over 2,00,000 Automation Company in customers every month 500+ Employees Revenue: INR 3,079 Mn IT Industry 19,000+ Pin codes 3+ Decades Experience Serviced and Logistics 1 Factory EBITDA: INR 264 Mn coverage > 90%
Slide 4: Company Overview
3 Company Overview TVS Electronics (TVS-E) Limited was incorporated in 1987, under the The company has emerged as one of the The company caters to vast leadership of Mr. Gopal Srinivasan frontrunners in the IT peripherals, point-of- customer segments including, and is a part of the esteemed TVS sale
Slide 5: Business Segments
4 Business Segments Product & Customer Solutions Support Group (PSG) Services (CSS) 68% 32% Point of Warranty Transaction Management Products Services Track & IT Trace Infrastructure Products Managed Services Repair Manufacturing Services E-Auction Business Mix Percentage as on 9M-FY23
Slide 6: An Established Eco-System
5 An Established Eco-System 1 Factory CUSTOMERS DISTRIBUTORS PRODUCTS & SERVICES Quality Management Services Total Employee Involvement Channel Financing Logistic Tie Up D2C Deep Analysis Options Small offices & Homes Customer Centricity Process Audit 6 Branch Offices Own Website E-Commerce Platform
Slide 7: Marquee Clientele
6 Marquee Clientele Products & Solutions Top 10 Customer Concentration* RETAIL BFSI 96% 41% 37% 28% Hospitality Government Entities Railways FY19 FY20 FY21 FY22 *Note: Online Distribution Business segment with high volume low margin was terminated during FY19, resulted in customer Customer Support S
Slide 8: Strategic Overview
7 Strategic Overview Hardware coupled with solution & analytics Leveraging rich B2B experience to be a D2C player • Tie ups with 3 software companies to • Launched an on-demand service platform, namely ‘Assure’ provide bundled software solutions to retail ,catering to consumer durable electronic pro
Slide 9: Q3/9M-FY23 Highlights
8 Q3/9M-FY23 HIGHLIGHTS
Slide 10: Q3/9M-FY23 Financial Highlights
9 Q3/9M-FY23 Financial Highlights Q3-FY23 performance 9M-FY23 performance INR 886 Mn INR 43 Mn 4.85% INR 2,683 Mn INR 166 Mn 6.19% Revenue from Operations EBITDA EBITDA Margin Revenue from Operations EBITDA EBITDA Margin INR 14 Mn 1.58% INR 0.74/share INR 80 Mn 2.98% INR 4.30/share Net Profit Net Pr
Slide 11: Q3/9M-FY23 Operational Highlights
10 Q3/9M-FY23 Operational Highlights • Revenue for the quarter was impacted due to slowdown in offtake in the market, driven by seasonal factors as well as inflationary pressures. The Company expects this trend to improve in the coming quarters. • The consolidation of factories at Tumkur, Karnataka
Slide 12: Quarterly Financial Performance
11 Quarterly Financial Performance Particulars (INR Mn) Q3-FY23 Q2-FY23 Q-o-Q Q3-FY22 Y-o-Y Revenue from Operations 886 933 (5.0)% 873 1.5% Total Expenses 843 874 (3.5)% 789 6.8% EBITDA 43 59 (27.1)% 84 (48.8)% EBITDA Margin (%) 4.85% 6.32% (147) Bps 9.62% (477) Bps Other Income (3) 14 (121.4)% 3 (2
Slide 13: YTD Financial Performance
12 YTD Financial Performance Particulars (INR Mn) 9M-FY23 9M-FY22 Y-o-Y Revenue from Operations 2,683 2,195 22.2% Total Expenses 2,517 2,009 25.3% EBITDA 166 186 (10.8)% EBITDA Margin (%) 6.19% 8.47% (228) Bps Other Income 17 8 112.5% Depreciation 64 44 45.5% Finance Cost 12 6 100.0% PBT 107 144 (25
Slide 14: Historical Income Statement
13 Historical Income Statement Particulars (INR Mn) FY20 FY21 FY22 9M-FY23 Revenue from Operations 2,587 2,246 3,079 2,683 Total Expenses 2,478 2,160 2,815 2,517 EBITDA 109 86 264 166 EBITDA Margin (%) 4.21% 3.83% 8.57% 6.19% Other Income 54 21 12 17 Depreciation 104 78 63 64 Finance Cost 24 19 10 1
Slide 15: Balance Sheet
14 Balance Sheet Equity and Liabilities (INR Mn) FY21 FY22 H1-FY23 Assets (INR Mn) FY21 FY22 H1-FY23 Equity Non Current Assets Share Capital 186 186 186 Property, Plant & Equipment 78 84 72 Other Equity 632 740 805 Right of use assets 63 51 66 Total Equity 818 926 991 Capital Work in Progress 0 2 57
Slide 16: Financial Highlights
15 Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 151 3,079 264 2,587 2,683 2,246 166 80 109 86 8.57% 6.19% 4.90% 4.21% 3.83% 8 2.98% 0.15% 4 0.36% FY20 FY21 FY22 9M-FY23 FY20 FY21 FY22 9M-FY23 FY20 FY21 FY22 9M-FY23 ROE AND ROCE
Slide 17: Capital Market Data
16 Capital Market Data Stock Market Performance (As on 31st December, 2022) 80% 60% 40% 20% 0% -20% Jan22 Feb22 Mar22 Apr22 May22 Jun22 Jul22 Aug22 Sep22 Oct22 Nov22 Dec22 TVS Electronics BSE Sensex Price Data (As on 31st December, 2022) INR Shareholding Pattern (As on 31st December, 2022) Face Valu
Slide 18: Disclaimer
17 Disclaimer TVS Electronics Limited Disclaimer: 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
Slide 19: Thank You
18 Thank You