Slide 1: Earnings Presentation filing cover letter to stock exchanges
Ref: CEL/NSEBSE/EP/12082023 12th August, 2023 To, Listing Department, Department of Corporate Services – Listing, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Re: Scrip Symbol
Slide 2: Earnings Presentation Q1-FY24
EARNINGS PRESENTATION Q1-FY24
Slide 3: Snapshot
Snapshot 25+ years of domain expertise in Global Operations with strong Concept to Commissioning 1,800 Employees Electronics Design & Manufacturing presence in India, Europe and North capabilities 650 Designers Solutions America Flexible Engagement Models Strong Supply Chain Network Strong relations
Slide 4: Company Overview
Company Overview • Founded in 1993, Centum Electronics Limited Q1-FY24 Key Business Segments: (Centum) is one of the largest Electronics System Operational Income (In Mn) and EBITDA • Engineering R&D (ER&D) Services (33%) – Involves Design and Manufacturing (ESDM) companies in Margins (%) conceptual
Slide 5: Q1-FY24 Financial Overview
© Q1-FY24 FINANCIAL OVERVIEW
Slide 6: Q1-FY24 Financial Highlights
Q1-FY24 Financial Highlights Q1-FY24 Standalone Performance: Q1-FY24 Consolidated Performance: • Operational Income: INR 1,248 Mn • Operational Income: INR 2,443 Mn • Operational EBITDA: INR 142 Mn • Operational EBITDA: INR 179 Mn • Operational EBITDA Margin %: 11.38% • Operational EBITDA Margin %:
Slide 7: Q1-FY24 Consolidated Financial Performance
Q1-FY24 Consolidated Financial Performance EBITDA (INR Mn) Revenue from Operations (INR Mn) 3,163 3,500 600 3,000 503 2,443 500 2,085 2,500 400 2,000 300 1,500 200 179 114 1,000 100 500 - 0 Q1-FY23 Q4-FY23 Q1-FY24 Q1-FY23 Q4-FY23 Q1-FY24 PAT (INR Mn) EBITDA Margin (%) and PAT Margin (%) 20.00% 258 1
Slide 8: Q1-FY24 Operational Highlights
Q1-FY24 Operational Highlights • Consolidated revenue increased by 17% Y-o-Y mainly due to an increase in EMS business. Revenue decreased Q-o-Q due to higher revenue of BTS in the previous quarter, which is lumpy in nature. • EBITDA margins increased from 5% in Q1-FY23 to 7% in Q1-FY24 due to improv
Slide 9: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-o-Y Q4-FY23 Q-o-Q Operational Revenue 1,248 980 27.4% 1,952 (36.0)% Total Expenses 1,106 920 20.2% 1,573 (29.7)% EBITDA 142 60 NA 379 (62.5)% EBITDA Margins (%) 11.38% 6.12% 526 Bps 19.42% (804) Bps Other Income 42 14
Slide 10: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,110 2,120 2,219 Equity 2,547 2,645 2,826 (a) Property, Plant & Equipment 1,075 1,033 993 (a) Share Capital 129 129 129 (b) Capital Work in progress 23 0
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-o-Y Q4-FY23 Q-o-Q Operational Revenue 2,443 2,085 17.2% 3,163 (22.8)% Total Expenses 2,264 1,971 14.9% 2,660 (14.9)% EBITDA 179 114 57% 503 (64.4)% EBITDA Margins (%) 7.33% 5.47% 186 Bps 15.90% (857) Bps Other Income
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 3,611 3,356 3,319 (1) Equity 2,401 1,985 2,040 (a) Property, Plant and Equipment 1,184 1,120 1,071 (a) Equity share capital 129 129 129 (b) Capital
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY21 FY22 FY23 Q1-FY24 Operational Revenue 4,245 3,480 5,006 1,248 Total Expenses 3,621 3,055 4,470 1,106 EBITDA 624 425 536 142 EBITDA Margins (%) 14.70% 12.21% 10.71% 11.38% Other Income 39 58 47 42 Depreciation 158 165 162 45 Finance Cos
Slide 14: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY21 FY22 FY23 Q1-FY24 Operational Revenue 8,174 7,799 9,230 2,443 Total Expenses 7,279 7,057 8,468 2,264 EBITDA 895 742 762 179 EBITDA Margins (%) 10.95% 9.52% 8.26% 7.33% Other Income 58 80 59 48 Depreciation 453 432 438 106 Finance Cos
Slide 15: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue PAT & PAT Margins (%) EBITDA & EBITDA Margins (%) 1.47% 9,230 400 2.00% 895 350 8,174 0.73% 15.00% 1.00% 7,799 0.57% 300 762 900 742 250 13.00% 0.00% 200 800 11.00% 150 -1.00% 10.95% 120 14 700 100 67 9.00% 50 600 9.52% -2.00% - 8.26% 500 7.00% F
Slide 16: Capital Market Data
Capital Market Data 1 Year Stock Performance upto 30th June, 2023 280% Centum Sensex 230% 180% 130% 80% 30% -20% Jul-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Price Data (As on 30th June, 2023) Shareholding Pattern (As on 30th June, 2023) CMP 1,386.4 52 W
Slide 17: Disclaimer
Disclaimer Centum Electronics Limited 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 in all eve