Exide Industries Limited · NSE:EXIDEIND
Exide Industries — Q2 FY24 Earnings Presentation
16 slides from Exide Industries's earnings presentation, Nov 8, 2023
Slide 1: Investor Meet Presentation cover letter to exchanges
GIXIDI Ref no.: EIL/SEC/2023-24/63 7th November 2023 The Secretary The Secretary The Calcutta Stock Exchange Limited BSE Limited 7 Lyons Range Phiroze Jeejeebhoy Towers Kolkata - 700 001 Dalal Street, Mumbai - 400 001 CSE Scrip Code: 15060 & 10015060 BSE Scrip Code: 500086 The Secretary - National S
Slide 2: Exide Industries – Q2FY24 & H1FY24 Presentation
Exide Industries – Q2FY24 & H1FY24 Presentation November 2023
Slide 3: Key Financial Highlights
Key Financial Highlights 2
Slide 4: Q2FY24 Financial Highlights
Q2FY24 Financial Highlights Q2FY24 – Operational Highlights Revenues EBITDA • Revenues growth driven by volume growth and Rs.4,107 Crore Rs.483 Crore calibrated pricing strategies. (+10.1% YoY) (+17.0% YoY) • Automotive division witnessed demand uptick both from OEMs and in the replacement market. P
Slide 5: H1FY24 Financial Highlights
H1FY24 Financial Highlights H1FY24 – Operational Highlights Revenues EBITDA Rs.8,179 Crore Rs.915 Crore • Steady volume growth in the first half along with judicious pricing strategies supported (+7.1% YoY) (+14.4% YoY) revenue growth. • EBITDA margin increased to 11.2% in H1FY24 from 10.5% in H1FY2
Slide 6: Strong balance sheet and positive cash flow generation
Strong balance sheet and positive cash flow generation Balance sheet Highlights Particulars Unit Sept-23 Mar-23 • Continue to maintain the Shareholders’ Funds Rs. Crore 12,639 11,210 Zero debt company Total Debt Rs. Crore Nil Nil since 2011 Debt : Equity X Nil Nil Positive Cash flow generation • Pru
Slide 7: Management Commentary
Management Commentary We contiue to deliver an upbeat performance with operating profits growing by 17% and 14% in the second quarter and the first half of the current financial year respectively. Sales growth of 10% during the quarter was broad-based with both automotive and industrial verticals gr
Slide 8: Green Technology Solutions: Lithium-ion Cells & Batteries
Green Technology Solutions: Lithium-ion Cells & Batteries 7
Slide 9: Update on the lithium-ion cell manufacturing project
Update on the lithium-ion cell manufacturing project Particulars Progress • Recruitment of top tier team comprising experienced and senior personnel to support Organization project execution and delivery has been completed • Mix of internal accruals and loan financing Funding • Recently secured bank
Slide 10: Onsite construction works going on in full swing
Onsite construction works going on in full swing 9
Slide 11: Lithium-ion cell manufacturing facility – Final View
Lithium-ion cell manufacturing facility – Final View Administrative building Cell-manufacturing plant Our readiness in the emerging EV battery space Click here for the video 10
Slide 12: Financials
Financials 11
Slide 13: Standalone Profit & Loss account – Q2FY24
Standalone Profit & Loss account – Q2FY24 Particulars (Rs. Crore) Q2FY24 Q2FY23 YoY Q1FY24 QoQ Sales 4,107 3,730 10.1% 4,073 0.8% Cost of Goods Sold 2,829 2,590 2,922 Gross Profit 1,278 1,140 12.1% 1,151 11.0% Gross Profit Margin (%) 31.1% 30.6% 28.3% Employee Expenses 256 224 237 Other Expenses 538
Slide 14: Standalone Profit & Loss account – H1FY24
Standalone Profit & Loss account – H1FY24 Particulars (Rs. Crore) H1FY24 H1FY23 YOY Sales 8,179 7,637 7.1% Cost of Goods Sold 5,751 5,404 Gross Profit 2,428 2,233 8.7% Gross Profit Margin (%) 29.7% 29.2% Employee Expenses 493 439 Other Expenses 1,019 994 EBITDA 915 800 14.4% EBITDA Margin (%) 11.2%
Slide 15: Disclaimer
Disclaimer In this document, we have disclosed forward-looking information to enable analysts and investors comprehend our prospects and take investment decisions. This document and other statements–written and oral–that we periodically make, contain forward-looking statements that set out anticipat
Slide 16: THANK YOU!
THANK YOU! Investor Contact Chhavi Agarwal, CFA Head- Investor Relations & Sustainability E-mail: investor.relations@exide.co.in 15