Crompton Greaves Consumer Electricals Ltd. · NSE:CROMPTON
Crompton Greaves Consumer Electricals — Q3 FY2023 Earnings Presentation
14 slides from Crompton Greaves Consumer Electricals's earnings presentation, Feb 2, 2023
Slide 1: Exchange filing cover letter: Highlights of Q3 FY 2022-23
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: February 2, 2023 To, To, BS
Slide 2: Information Update Q3 FY23
POWER SAVINGS _ GUIDE Information Update Q3 FY23
Slide 3: Disclaimer
Disclaimer This presentation does not constitute an offer from Crompton Greaves Consumer Electricals Ltd. or any of its affiliates (“Crompton”) to any party and the information contained herein will not form the basis of any contract. Neither Crompton nor any of their respective affiliates, sharehol
Slide 4: Index
1 Key Highlights Index 2 Financial Performance 3 Segment Performance
Slide 5: Key Highlights of Q3 CGCEL
Key Highlights of Q3 CGCEL Consolidated Q3 revenue growth is 7.5% and YTD Dec is 32% 1 The slow growth momentum of September continued in Q3 as the consumer demand remained weak owing to high retail inflation and price volatility. The anticipated festive demand was affected and the warmer winter fur
Slide 6: Key Highlights of Q3 Butterfly
Key Highlights of Q3 Butterfly Q3 revenue growth is 1% and YTD Dec is 13% Continue to make progress on priority areas: 1 Increasing Strategic choice of change in channel mix in favour of retail has resulted in increasing share of retail share of retail business (YTD Dec ~19% GoLY) 2 With continued f
Slide 7: Key Highlights of Q3
Key Highlights of Q3 Revenue Margins Channel ▪ Alternate channels continued ECD Performance growth momentum with 45% ▪ Transition of Fans business to the new BEE norms Material margins stood at growth v/s LY impacted all segments in Q3 31.3% v/s 31.7% LY ▪ Appliances delivered consistent growth with
Slide 8: CGCEL New Product Launches
CGCEL New Product Launches Ceiling Fans: Mixer Grinders Fans ► Energion Groove with Wood finish – High speed Appl. ► Questa Royal – 750W mixer with motor Vent-X 5 Star Energy Efficient BLDC Fan technology and overload protector Water Heater: Residential: ► Amica Classic – High quality coated tank wi
Slide 9: CGCEL Standalone Financial Performance
CGCEL Standalone Financial Performance Revenue (in Rs. cr.) EBITDA (in Rs. cr.) PAT (in Rs. cr.) 4,205 3,841 539 1,410 1,266 475 412 344 202 130 148 84 Q3'22 Q3'23 YTD'22 YTD'23 Q3'22 Q3'23 YTD'22 YTD'23 Q3'22 Q3'23 YTD'22 YTD'23 ▪ Q3 revenue declined by 10% vs LY due to the continued slowdown in Q3
Slide 10: CGCEL Standalone Segment Performance
CGCEL Standalone Segment Performance Segment Revenue Q3 FY23 Q3 FY22 Y-o-Y YTD Dec 22 Y-o-Y ECD 1,020 1,099 -7% 3,430 11% Lighting 246 311 -21% 776 2% Total 1,266 1,410 -10% 4,205 9% Segment EBIT Q3 FY23 Q3 FY22 Y-o-Y YTD Dec 22 Y-o-Y ECD 162 213 -24% 572 -5% ECD % 15.8% 19.4% 16.7% Lighting 25 33 -
Slide 11: Key action areas to revive growth
Key action areas to revive growth 1 Fans - Ramp up production and optimise cost further 2 Pumps - Strengthen the product portfolio through new brand architecture and strategic pricing actions 3 Lighting - Structured GTM approach to drive reach expansion along with aggressive cost saving initiatives
Slide 12: BGAL Standalone Financial Performance
BGAL Standalone Financial Performance Revenue (in Rs. cr.) EBITDA (in Rs. cr.) PAT (in Rs. cr.) 870 770 89 248 73 50 246 36 22 20 9 12 Q3'22 Q3'23 YTD'22 YTD'23 Q3'22 Q3'23 YTD'22 YTD'23 Q3'22 Q3'23 YTD'22 YTD'23 ▪ Flat growth in Q3 but YTD Dec recorded growth of ~13% v/s LY ▪ Aggressive efforts on
Slide 13: CGCEL Q3 Consolidated Profit & Loss Statement
CGCEL Q3 Consolidated Profit & Loss Statement Particulars Q3 FY23 Q3 FY22 Y-o-Y YTD Dec 22 Y-o-Y Net Sales 1,516 1,411 7% 5,079 32% Less: Material Cost 1,023 964 6% 3,454 32% Material Margin 493 447 10% 1,624 32% as a % of Net Sales 32.5% 31.7% 32.0% In Q3, invested ~Rs 16 Cr for EBIDTA 152 202 -25%
Slide 14: Registered Office
Registered Office: Crompton Greaves Consumer Electricals Limited, Equinox Business Park, 1st Floor, Tower 3, LBS Marg, Kurla (W), Mumbai - 400070, Maharashtra, India +91 22 6167 8499 For any query, please write us at: crompton.investorrelations@crompton.co.in Connect with us on www.crompton.co.in
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