Slide 1: Exchange filing cover letter – Investors' Release
November 03, 2022 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: Investor Release Q2FY23
Orient Electric Limited Investor Release Q2FY23
Slide 3: Q2FY23 Result Snapshot
Q2FY23 Result Snapshot Orient faced a challenging quarter, but the rest of year looks optimistic Q2 FY23 Revenue ₹ in crore H1 FY23 Revenue ₹ in crore 6% 4% 594 1,132 511 1,003 1,017 435 434 613 Q2FY20 Q2FY21 Q2FY22 Q2FY23 H1FY20 H1FY21 H1FY22 H1FY23 • In Fans, due to BEE Star rating transition lead
Slide 4: Q2FY23 Result Snapshot Contd.. Margins
Q2FY23 Result Snapshot Contd.. Margins : EBITDA had momentarily shrunk in H1, but lined up for a leap in H2 Q2FY23 EBITDA H1FY23 EBITDA ₹ in crore 90 9.0% 70 14.0% 8.3% 13.3% 80 8.0% 60 12.0% 70 7.0% 6.5% 6.3% 50 10.4% 10.0% 60 6.0% 50 5.0% 40 8.0% 84 4.4% 40 4.0% 30 58 62 6.0% 30 66 3.0% 5.0% 20 4.
Slide 5: Q2 FY23 – ECD Segment Performance
Q2 FY23 – ECD Segment Performance ECD : Trade Channel de-stocking and one-time set up of direct distribution affected primary sales Q2FY23 Revenue H1FY23 Revenue Q2FY23 EBIT H1FY23 EBIT ₹ in crore 60 18.0% 80 12.0% 2% 3% 16.8% 16.0% 70 10.8% 50 9.8% 10.0% 10.0% 14.0% 60 40 12.3% 12.0% 8.0% 50 10.0%
Slide 6: Q2 FY23 – L & S Segment Performance
Q2 FY23 – L & S Segment Performance Lighting & Switchgear : Segment continued to perform consistently with double digit growth Q2FY23 Revenue H1FY23 Revenue Q2FY23 EBIT 50 H1FY23 EBIT ₹16% in crore 9% 13.9% 30 45 18% 14% 10% 15.8% 12.2% 14.6% 40 16% 11.6% 25 12% 35 14% 11.3% 8.5% 10% 20 30 12% 25 10
Slide 7: Q2 FY23 – Channel Expansion
Q2 FY23 – Channel Expansion As a focused initiative of Go-to-Market strategy, the company is relentlessly working on Channel expansion : 1. Go-to-Market : 1. Fans – OEL has touched approximately 9000 retailers in 6 direct-to-market states and by year-end we are focused to expand our distribution rea
Slide 8: Key product launches
Key product launches Fans Appliances Lighting & Switchgear Water Heaters Deco Wall Lights I-Tome Plus with Remote Fontus Quadc Maverick Enamour Prime Bahubali Rapidus COB Emergency LED Ecotech Supreme Backlit Trim Downlighter Lamp 15W Pacific Air Kitchen Appliances Joylight Series Hector Deco Ujala
Slide 9: Q2 FY23 Results Profit & Loss Statement
Q2 FY23 Results Profit & Loss Statement Particular (₹ in Crore ) Q2 FY23 Q2 FY22 YoY % Q1 FY23 QoQ% Revenue from Operations 510.6 594.4 -14.1% 621.6 -17.9% COGS 376.4 424.9 -11.4% 448.8 -16.1% Gross Profit 134.2 169.4 -20.8% 172.8 -22.3% Gross Margin % 26.3% 28.5% -222bps 27.8% -152bps Employee Expe
Slide 10: Thank You!
Thank You! investor@orientelectric.com abc@orientelectric.com www.orientelectric.com Follow us DISCLAIMER: Cautionary statement regarding forward-looking statements This presentation may contain certain forward-looking statements relating to Orient Electric Limited. (“OEL”, or “Company”) and its fut