Crompton Greaves Consumer Electricals Ltd. · NSE:CROMPTON
Crompton Greaves Consumer Electricals — Q3 FY2021 Earnings Presentation
11 slides from Crompton Greaves Consumer Electricals's earnings presentation, Jan 22, 2021
Slide 1: Stock exchange cover letter: Highlights of Q3 FY 2020-21
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 T: +91 22 6167 8499 F: +91 22 6167 8383 W: www.crompton.co.in CIN: L31900MH2015PLC262254 Date: January 22, 2021 To, To, BS
Slide 2: Information Update – Q3 FY21 (Consolidated)
Information Update – Q3 FY21 (Consolidated) January 2021
Slide 3: Table of Contents
Table of Contents ▪ Quarterly Update ▪ Key Highlights – Q3 FY 21 ▪ Summary of Q3 Results ▪ Segment Details ▪ Cash Flow highlights ▪ Cash / (Debt) ▪ Key Financial Ratios
Slide 4: Quarterly Update
Quarterly Update • Employee’s health and safety continues to company’s top most priority • Most of the macro indicators have been reflecting a strong recovery for the Indian economy in Q3, higher liquidity in the markets and uptrend in recent GST collections point towards restoration of normalcy • W
Slide 5: Key Highlights – Q3
Key Highlights – Q3 ▪ ECD Performance o Broad based growth across all business o Strong performance by Fans driven by premium fans growing 51% GoLY o Appliances business continues exponential growth with Geysers growing 50% o Domestic pumps business grew by 25% ▪ Lighting Performance o B2C Lighting
Slide 6: Summary of Q3 Results
Summary of Q3 Results Q3 FY21 Q3 FY20 Q2 FY21 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Net Sales 1,348 1,071 25.8% 1,213 • Marginal improvement v/s LY. Less: Material Cost 916 729 25.6% 813 Commodity cost headwind Material Margin 433 342 26.4% 400 impacted sequential performance as a % of Net Sales 32.
Slide 7: Segment Details
Segment Details Segment Revenue Q3 FY21 Q3 FY20 Q2 FY21 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Electrical Consumer Durables 1,036 787 32% 932 Lighting Products 312 284 10% 282 Total Income from Operation 1,348 1,071 26% 1,213 Segment EBIT Q3 FY21 Q3 FY20 Q2 FY21 Particulars Rs. Cr EBIT % Rs. Cr EBIT
Slide 8: Cash Flow Highlights
Cash Flow Highlights Particulars Q3FY21 Q3FY20 Rs Cr. Rs Cr. Profit before exceptional items and tax 202 139 Adjustments for: Depreciation 7 6 Interest and other adjustments -3 -4 (Increase) / Decrease in Working Capital 96 7 • Improved collection and efficient Cash from Operation 302 147 management
Slide 9: Cash / (Debt)
Cash / (Debt) As on Dec 20 As on Dec 19 As on Sep 20 Particulars Rs. Crs Rs. Crs Rs. Crs Cash and Cash Equivalent 467 39 213 Current Investment 818 498 1,020 Less: Total Debt* 479 350 479 Net Cash / (Debt) 807 188 755 Net Debt/Equity NA NA NA Net Debt/EBIDTA (Annualised) NA NA NA o Company’s cash co
Slide 10: Key Financial Ratios
Key Financial Ratios Note: Last Year RoE includes impact of tax refund and interest thereon. Like to Like RoE of LY is 32.6% *RoCE and RoE has been annualised
Slide 11: Thank You
Thank You
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