Slide 1: Exchange filing cover letter for earnings presentation
Ref: CEL/NSEBSE/EP/08022023 8th February 2023 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: CE
Slide 2: Earnings Presentation Q3/9M-FY23
EARNINGS PRESENTATION Q3/9M-FY23
Slide 3: Snapshot
Snapshot 25+ years of domain expertise in Global Operations with strong Concept to Commissioning 1,800 Employees Electronics Design & Manufacturing presence in India, Europe and North capabilities 650 Designers Solutions America Flexible Engagement Models Strong Supply Chain Network Strong relations
Slide 4: Company Overview
Company Overview • Founded in 1993, Centum Electronics Limited 9M-FY23 Key Business Segments: (Centum) is one of the largest Electronics System Operational Income (In Mn) and EBITDA • Engineering R&D (ER&D) Services (34%) – Involves Design and Manufacturing (ESDM) companies in Margins (%) conceptual
Slide 5: Q3/9M-FY23 Financial Overview
Q3/9M-FY23 FINANCIAL OVERVIEW
Slide 6: Q3/9M-FY23 Financial Highlights
Q3/9M-FY23 Financial Highlights Q3-FY23 Standalone Performance: Q3-FY23 Consolidated Performance: • Operational Income: INR 1,028 Mn • Operational Income: INR 1,971 Mn • Operational EBITDA: INR 55 Mn • Operational EBITDA: INR 51 Mn • Operational EBITDA Margin %: 5.35% • Operational EBITDA Margin %:
Slide 7: Q3-FY23 Consolidated Financial Performance
Q3-FY23 Consolidated Financial Performance EBITDA (INR Mn) Revenue from Operations (INR Mn) 2,500 200 187 2,000 2,011 1,971 180 2,000 160 140 1,500 120 83 100 1,000 80 60 51 500 40 20 - 0 Q3-FY22 Q2-FY23 Q3-FY23 Q3-FY22 Q2-FY23 Q3-FY23 PAT (INR Mn) EBITDA Margin (%) and PAT Margin (%) 35 9.35% 12.00
Slide 8: Q3/9M-FY23 Operational Highlights
Q3/9M-FY23 Operational Highlights • Q3-FY23 consolidated revenue growth was flat on a Y-o-Y and Q-o-Q basis as revenues from Engineering services (Centum TNS France) improved due to higher utilisation, but this was offset by the significant drop in revenues from Passenger Information Solutions busin
Slide 9: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q3-FY23 Q3-FY22 Y-o-Y Q2-FY23 Q-o-Q Operational Income 1,028 849 21.1% 1,046 (1.7)% Total Expenses 973 747 30.3% 1,012 (3.9)% EBITDA 55 102 (46.1)% 34 61.8% EBITDA Margins (%) 5.35% 12.01% (666) Bps 3.25% 210 Bps Other Income 12 12 NA 1
Slide 10: YTD Standalone Financial Performance
YTD Standalone Financial Performance Particulars (INR Mn) 9M-FY23 9M-FY22 Y-o-Y Operational Income 3,054 2,272 34.4% Total Expenses 2,904 2,099 38.4% EBITDA 150 173 (13.3)% EBITDA Margins (%) 4.91% 7.61% (270) bps Other Income 36 40 (10.0)% Depreciation 121 125 (3.2)% Finance Cost 109 106 2.8% Excep
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q3-FY23 Q3-FY22 Y-o-Y Q2-FY23 Q-o-Q Operational Revenue 1,971 2,000 (1.5)% 2,011 (2.0)% Total Expenses 1,920 1,813 5.9% 1,928 (0.4)% EBITDA 51 187 (72.7)% 83 (38.6)% EBITDA Margins (%) 2.59% 9.35% (676) bps 4.13% (154) bps Other Incom
Slide 12: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance Particulars (INR Mn) 9M-FY23 9M-FY22 Y-o-Y Operational Revenue 6,067 5,468 11.0% Total Expenses 5,818 5,048 15.3% EBITDA 249 420 (40.7)% EBITDA Margins (%) 4.10% 7.68% (358) Bps Other Income 56 55 1.8% Depreciation 329 339 (2.9)% Finance Cost 193 189 2.1% Excep
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY20 FY21 FY22 9M-FY23 Operational Income 4,824 4,245 3,480 3,054 Total Expenses 4,111 3,621 3,055 2,904 EBITDA 713 624 425 150 EBITDA Margins (%) 14.78% 14.70% 12.21% 4.91% Other Income 43 39 58 36 Depreciation 131 158 165 121 Finance Cost
Slide 14: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY21 FY22 H1-FY23 Particulars (INR Mn) FY21 FY22 H1-FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,110 2,120 2,136 Equity 2,547 2,645 2,594 (a) Property, Plant & Equipment 1,075 1,033 970 (a) Share Capital 129 129 129 (b) Capital Work in progres
Slide 15: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 9M-FY23 Operational Revenue 8,833 8,174 7,799 6,067 Total Expenses 7,852 7,279 7,056 5,818 EBITDA 981 895 743 249 EBITDA Margins (%) 11.11% 10.95% 9.53% 4.10% Other Income 153 58 80 56 Depreciation 414 453 432 329 Finance C
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 H1-FY23 Particulars (INR Mn) FY21 FY22 H1-FY23 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 3,611 3,261 2,990 (1) Equity 2,401 1,985 1,900 (a) Property, Plant and Equipment 1,184 1,120 1,039 (a) Equity share capital 129 129 129 (b) Ca
Slide 17: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue PAT & PAT Margins (%) EBITDA & EBITDA Margins (%) 981 3.00% 300 8,833 1.82% 1.47% 8,174 895 20.00% 2.00% 7,799 200 900 18.00% 743 1.00% 800 16.00% 100 161 120 6,067 0.00% 700 14.00% - -1.00% 12.00% 600 FY20 FY21 FY22 9M-FY23 (191) -100 -2.00% 500
Slide 18: Capital Market Data
Capital Market Data 1 Year Stock Performance upto 31st December, 2022 30% Centum Sensex 20% 10% 0% -10% -20% -30% -40% Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Price Data (As on 31st December, 2022) Shareholding Pattern (As on 31st December, 2022) CM
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