Slide 1: Cover letter to stock exchanges on Earnings Presentation
Ref: CEL/NSEBSE/EP/13082022 13th August, 2022 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 Q1-FY23
EARNINGS PRESENTATION Q1-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 FY22 Key Business Segments: (Centum) is one of the largest Electronics System Operational Income (In Mn) and EBITDA • Engineering R&D (ER&D) Services (37%) – Involves Design and Manufacturing (ESDM) companies in Margins (%) conceptualizi
Slide 5: Q1-FY23 Financial Overview
© Q1-FY23 FINANCIAL OVERVIEW
Slide 6: Q1-FY23 Financial Highlights
Q1-FY23 Financial Highlights Q1-FY23 Standalone Performance: Q1-FY23 Consolidated Performance: • Operational Income: INR 980 Mn • Operational Income: INR 2,085 Mn • Operational EBITDA: INR 60 Mn • Operational EBITDA: INR 114 Mn • Operational EBITDA Margin: 6.12% • Operational EBITDA Margin: 5.47% •
Slide 7: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Revenue from Operations (INR Mn) EBITDA (INR Mn) 2, 500 2,331 2,085 35 0 321 2, 000 1,744 30 0 25 0 1, 500 20 0 114 1, 000 15 0 50 0 10 0 96 50 - 0 Q1-FY22 Q4-FY22 Q1-FY23 Q1-FY22 Q4-FY22 Q1-FY23 Q1-FY22 Q4-FY22 Q1-FY23 Q1-FY22 Q4-FY22 Q1-FY23 PAT (INR Mn
Slide 8: Q1-FY23 Operational Highlights
Q1-FY23 Operational Highlights • Revenues grew by 20% Y-o-Y due to improvement on all three business units. • Q-o-Q revenues decreased by 11% majorly in the BTS business due to the lumpy nature of domestic defence/space business. Expect BTS revenues to be concentrated in the other half of FY 22-23.
Slide 9: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q1-FY23 Q1-FY22 Y-o-Y Q4-FY22 Q-o-Q Operational Income 980 602 62.8% 1,208 (18.9)% Total Expenses 920 621 48.1% 957 (3.9)% EBITDA 60 (19) NA 251 (76.1)% EBITDA Margins (%) 6.12% NA NA 20.78% NA Other Income 14 12 16.7% 18 (22.2)% Deprec
Slide 10: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 ASSETS EQUITY AND LIABILITIES Non-Current Assets 2,118 2,110 2,120 Equity 2,363 2,547 2,645 (a) Property, Plant & Equipment 1,116 1,075 1,033 (a) Share Capital 129 129 129 (b) Capital Work in progress 14
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q1-FY23 Q1-FY22 Y-o-Y Q4-FY22 Q-o-Q Operational Revenue 2,085 1,744 19.6% 2,331 (10.6)% Total Expenses 1,971 1,649 19.5% 2,010 (1.9)% EBITDA 114 95 20.0% 321 (64.5)% EBITDA Margins (%) 5.47% 5.45% 2 Bps 13.77% (830) Bps Other Income 2
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 3,759 3,611 3,261 (1) Equity 2,300 2,401 1,985 1,253 1,184 1,120 (a) Equity share capital 129 129 129 (a) Property, Plant and Equipment (b) Other eq
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY20 FY21 FY22 Q1-FY23 Operational Income 4,824 4,245 3,480 980 Total Expenses 4,111 3,621 3,055 920 EBITDA 713 624 425 60 EBITDA Margins (%) 14.78% 14.70% 12.21% 6.12% Other Income 43 39 58 14 Depreciation 131 158 165 40 Finance Cost 277 1
Slide 14: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 Q1-FY23 Operational Revenue 8,833 8,174 7,799 2,085 Total Expenses 7,852 7,279 7,056 1,971 EBITDA 981 895 743 114 EBITDA Margins (%) 11.11% 10.95% 9.53% 5.47% Other Income 153 58 80 26 Depreciation 414 453 432 110 Finance C
Slide 15: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue EBITDA & EBITDA Margins (%) PAT & PAT Margins (%)* 981 30 0 3.00% 1.90% 1.47% 8,833 1, 000 895 14.00% 2.00% 8,174 20 0 7,799 742 1.00% 168 12.00% (26) 10 0 120 80 0 0.00% 10.00% 10.95% - -1.00% 60 0 11.11% FY20 FY21 FY22 Q1FY23 9.53% 5.47% 8.00%
Slide 16: Capital Market Data
Capital Market Data 1 Year Stock Performance upto 30th June,2022 70% Centum Sensex 60% 50% 40% 30% 20% 10% 0% -10% Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Price Data (As on 30th June, 2022) Shareholding Pattern (As on 30th June,2022) CMP 402.9 52 Week H/L
Slide 17: 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