Centum Electronics Limited · NSE:CENTUM
Centum Electronics — 9M/Q3 FY21 Earnings Presentation
19 slides from Centum Electronics's earnings presentation, Feb 15, 2021
Slide 1: Cover letter to stock exchanges: Earnings Presentation
Ref: CEL/NSEBSE/EP/15022021 15th February, 2021 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 9M/Q3-FY21
EARNINGS PRESENTATION 9M/Q3-FY21
Slide 3: Snapshot
Snapshot 25 years of domain expertise in Global Operations with strong Concept to Commissioning 2,100 Employees Electronics Design & Manufacturing presence in India, Europe and North capabilities 650 Designers Solutions America Flexible Engagement Models Strong Supply Chain Network Strong relationsh
Slide 4: Company Overview
Company Overview • Founded in 1993, Centum Electronics Limited FY20 Key Business Segments: (Centum) is one of the largest Electronics System Operational Income (In Mn) and EBITDA • Engineering R&D (ER&D) Services (38%) – Involves Design and Manufacturing (ESDM) companies in conceptualizing and desig
Slide 5: 9M/Q3-FY21 Financial Overview
9M/Q3-FY21 FINANCIAL OVERVIEW
Slide 6: 9M/Q3-FY21 Financial Highlights
9M/Q3-FY21 Financial Highlights Q3-FY21 Standalone Performance Q3-FY21 Consolidated Performance INR 1,052 Mn INR 171 Mn 16.25% INR 2,162 Mn INR 286 Mn 13.23% Operational Income Operational EBITDA Operational EBITDA Margin Operational Income Operational EBITDA Operational EBITDA Margin INR 73 Mn 6.94
Slide 7: Q3-FY21 Financial Performance & Highlights
Q3-FY21 Financial Performance & Highlights Revenue from Operations (INR Mn) EBITDA (INR Mn) 2,500 2,274 2,162 EBITDA improved over 2,051 350 2,000 300 284 286 the previous quarter due Improvement in Centum 250 218 to increase in activity in Adetel Group resulted in 1,500 Centum Adetel Group 200 incr
Slide 8: 9M/Q3-FY21 Operational Highlights
9M/Q3-FY21 Operational Highlights • Revenue and EBITDA improved Q-on-Q primarily with better utilization in ER&D services business. However, not yet back to pre-COVID levels due to impact of second lockdown in France. • Some demand push outs on EMS and BTS business with international defence and ind
Slide 9: Q3-FY21 – Standalone Income Statement
Q3-FY21 – Standalone Income Statement Particulars (INR Mn) Q3-FY21 Q3-FY20 Y-o-Y Q2-FY21 Q-o-Q Operational Income 1,052 1,248 (15.7)% 1,186 (11.3)% Total Expenses 881 1,031 (14.5)% 970 (9.2)% EBITDA 171 217 (21.2)% 216 (20.8)% EBITDA Margins (%) 16.25% 17.39% (114) Bps 18.21% (196) Bps Other Income
Slide 10: 9M-FY21 – Standalone Income Statement
9M-FY21 – Standalone Income Statement Particulars (INR Mn) 9M-FY21 9M-FY20 Y-o-Y Operational Income 3,290 3,591 (8.4)% Total Expenses 2,746 3,056 (10.1)% EBITDA 544 535 1.7% EBITDA Margins (%) 16.53% 14.90% 163 Bps Other Income 25 34 (27.2)% Depreciation 116 94 23.4% Finance Cost 138 184 (25.0)% PBT
Slide 11: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY19 FY20 H1-FY21 Particulars (INR Mn) FY19 FY20 H1-FY21 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,039 2,098 2,082 Equity 2,172 2,363 2,494 (a) Property, Plant & Equipment 972 1,116 1,076 Share Capital 129 129 129 (b) Capital Work in progress 71
Slide 12: Q3-FY21 – Consolidated Income Statement
Q3-FY21 – Consolidated Income Statement Particulars (INR Mn) Q3-FY21 Q3-FY20 Y-o-Y Q2-FY21 Q-o-Q Operational Revenue 2,162 2,274 (4.9)% 2,051 5.4% Total Expenses 1,876 1,990 (5.7)% 1,833 2.3% EBITDA 286 284 0.7% 218 31.2% EBITDA Margin (%) 13.23% 12.49% 74 Bps 10.63% 260 Bps Other Income 16 12 33.3%
Slide 13: 9M-FY21 – Consolidated Income Statement
9M-FY21 – Consolidated Income Statement Particulars (INR Mn) 9M-FY21 9M-FY20 Y-o-Y Operational Revenue 6,109 6,547 (6.7)% Total Expenses 5,423 5,843 (7.2)% EBITDA 686 704 (2.6)% EBITDA Margin (%) 11.23% 10.76% 47 Bps Other Income 53 111 (52.3)% Depreciation 338 306 10.5% Finance Cost 221 249 (11.2)%
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY19 FY20 H1-FY21 Particulars (INR Mn) FY19 FY20 H1-FY21 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 2,981 3,759 3,753 (1) Equity 2,437 2,300 2,302 1,130 1,253 1,200 (a) Equity share capital 129 129 129 (a) Property, Plant and Equipment (b) Ot
Slide 15: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY18 FY19 FY20 9M-FY21 Operational Income 3,587 4,987 4,824 3,290 Total Expenses 3,585 4,290 4,111 2,746 EBITDA 2 697 713 544 EBITDA Margins (%) 0.06% 13.98% 14.78% 16.53% Other Income 76 38 43 25 Depreciation 120 121 132 116 Finance Cost 1
Slide 16: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY18 FY19 FY20 9M-FY21 Operational Revenue 7,811 9,304 8,833 6,109 Total Expenses 7,412 8,267 7,852 5,423 EBITDA 399 1,037 981 686 EBITDA Margin (%) 5.11% 11.15% 11.11% 11.23% Other Income 130 71 153 53 Depreciation 282 278 414 338 Financ
Slide 17: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue EBITDA & EBITDA Margin (%) PAT & PAT Margin (%)* 9,304 8,833 6.23% * 1200 14.00% 500 7.00% 7,811 11.16% 11.11% 5.31% 450 7,032 11.62% 12.00% 6.00% 1000 5.06% 400 981 10.00% 5.00% 7.94% 350 1,038 800 300 8.00% 4.00% 4,144 600 5.11% 250 1.90% 3.00%
Slide 18: Capital Market Data
Capital Market Data Stock Market Performance (as on 31st December, 2020) 30% 20% 10% 0% -10% -20% -30% -40% -50% -60% Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 CENTUM Sensex Shareholding Pattern (as on 31st December, 2020) Price Data (As on 31st December 202
Slide 19: 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
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