Havells India Limited · NSE:HAVELLS
Havells India — Q1 FY24 Earnings Presentation
9 slides from Havells India's earnings presentation, Jul 20, 2023
Slide 1: Havells Group cover letter to stock exchanges
GROUP HAVELLS " 20th July, 2023 The National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G Block Dalal Street Sandra Kurla Complex Mumbai- 400 001 Sandra (E) Mumbai- 400 051 Scrip Code : 517354 NSE Symbol : HAVELLS Sub: Information Up
Slide 2: Havells India Limited Q1 FY24 Un-audited Financial Results
GROUP " HAVELLS Havells India Limited Q1 FY24 {Quarter Ended June 30, 2023} {Un-audited Financial Results} S [.•CA I Srabtree M [ STANDARD HAVELLS
Slide 3: Table of Contents (Havells India Standalone)
Table of Contents (Havells India Standalone) 1. P&L Summary – Quarterly ................................................................................................................................3 2. Segment Wise – Quarterly.......................................................................
Slide 4: Q1 FY24 P&L Summary – Quarterly
Q1 FY24 (Quarter Ended June 30, 2023) 14% YoY Rs 402 crores Rs 287 crores Rs 2,781 crores 8.3% 6.0% Net Revenue Growth Net Cash EBITDA PAT 1. P&L Summary – Quarterly (In Rs crores) Q1 FY24 Q1 FY23 YoY (%) Q4 FY23 Net Revenue (NR) 4,824 4,230 14% 4,850 Contribution 856 726 18% 909 as a % of NR 17.7%
Slide 5: Segment Wise – Quarterly: Revenue Analysis and Contribution Margin
2. Segment Wise – Quarterly 2.1 Revenue Analysis (In Rs crores) Q1 FY24 Q1 FY23 YoY (%) Q4 FY23 Switchgears 541 517 5% 601 Cable 1,485 1,193 24% 1,568 Lighting & Fixtures 367 371 (1)% 413 Electrical Cons. Durables 877 838 5% 749 Others 248 228 9% 254 Sub Total 3,518 3,146 12% 3,586 Lloyd Consumer 1,
Slide 6: Segment Results Analysis
2.3 Segment Results Analysis (In Rs crores) Q1 FY24 Q1 FY23 Q4 FY23 Segment Segment Segment % of NR % of NR % of NR Results Results Results Switchgears 150 27.7% 135 26.2% 172 28.6% Cable 169 11.4% 87 7.3% 189 12.0% Lighting & Fixtures 53 14.4% 61 16.5% 75 18.2% Electrical Cons. Durables 96 10.9% 11
Slide 7: Balance Sheet
3. Balance Sheet (In Rs crores) June'23 (UnAudited) Mar'23 (Audited) ASSETS Non-current assets Property, plant and equipment 2,348 2,228 Capital work in progress 160 163 Goodwill 310 310 Other intangible assets 1,078 1,082 Intangible assets under development 3 3 Investment in subsidiaries 0.5 0 Fina
Slide 8: Cash Flow
4. Cash Flow (In Rs crores) Q1 FY24 FY23 PBT 382 1,450 Depreciation 76 296 Others (52) (93) Working Capital Changes 392 (697) Taxes Paid (69) (392) Operating Net Cash Flow (A) 729 565 Capex (140) (588) Others 60 106 Net Cash Flow from Investing Act. (B) (80) (481) Dividends paid (30) (470) Net borro
Slide 9: Financial Ratios
5. Financial Ratios Q1 FY24 Q1 FY23 Q4 FY23 Profitability OPM % 8.3% 8.5% 10.9% {EBITDA/NR} RONW % 17.3% 20.6% 16.9% {PAT TTM / Avg. NW} ROCE % 23.8% 26.8% 23.1% {EBIT TTM / Average Capital Employed (Net Worth + Debt)} Liquidity Current Ratio 1.8 1.9 1.8 {CA/CL} Debtor Days 17 14 21 {Debtors/NR TTM}