Syrma Sgs Technology Limited · NSE:SYRMA
Syrma Sgs Technology — Q3 FY2024 Earnings Presentation
17 slides from Syrma Sgs Technology's earnings presentation, Feb 6, 2024
Slide 1: Regulation 30 intimation cover letter to exchanges
Date: February 6, 2024 To, Listing Department Department of Corporate Service National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, G Block, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex, Bandra (East), Mumbai - 400 051. Dalal Street, Mumbai - 400 001. Symbol: SYRMA Scrip Code:
Slide 2: Syrma SGS Technology Earnings Release Q3 FY24
Syrma SGS Technology Earnings Release Q3 FY24 February 06th, 2024
Slide 3: Disclaimer
Disclaimer Certain statements in this presentation are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements o
Slide 4: 9M FY2024 Performance
SYRMA Sa 9M FY2024 Performance
Slide 5: Performance Highlights: 9M FY24
Performance Highlights : 9M FY24 ₹ million Total Revenue • Total Revenue ₹20,627 million up 48% YoY. Operating EBITDA • Operating EBITDA ₹ 1,334 up by 2.3% YoY; EBIDTA margin at 6.6% EBITDA • EBITDA ₹ 1,678 up by 11.4% YoY; EBIDTA margin at 8.1% PBT • PBT ₹ 1,066 million lower by (3.6%) YoY; PBT mar
Slide 6: Financial Highlights: 9M FY24
Financial Highlights : 9M FY24 ₹ Million Total Revenue EBITDA ₹ 20,627 ₹ 1,678 ₹ 1,507 ₹ 13,689 9M FY23 9M FY24 9M FY23 9M FY24 Profit Before Tax Profit After Tax ₹ 1,106 ₹ 1,066 ₹ 802 ₹ 791 9M FY23 9M FY24 9M FY23 9M FY24 5
Slide 7: Brief Financial Summary 9M FY24
Brief Financial Summary 9M FY24 ₹ Million Particulars 9M FY23 9M FY24 YoY Revenue From Operations 13,689 20,283 48.2% Other Income 203 344 69.3% Total Revenue 13,893 20,627 48.5% Gross Profit 4,073 4,951 21.5% Margin % 29.3% 24.0% (5.3%) Operating Expenses 2,567 3,273 27.5% EBITDA (Ex Other Income)
Slide 8: Industry Segment: 9M FY24
Industry Segment: 9M FY24 Revenue (₹ million) Industry YoY 9M FY23 9M FY24 Auto 2,796 4,686 67.6% Consumer 3,890 7,394 90.1% Healthcare 1,162 1,362 17.3% Industrials 4,540 5,708 27.6% IT and Railways 1,301 1,047 (19.5%) Total 13,689 20,197 48.2% 7
Slide 9: Q3 FY2024 Performance
SYRMA Sa Q3 FY2024 Performance
Slide 10: Performance Highlights: Q3 FY24
Performance Highlights : Q3 FY24 ₹ million Total Revenue • Total Revenue ₹7,188 million up 37% YoY. Operating EBITDA • Operating EBITDA ₹ 414 million lower by 13.9% YoY; EBIDTA margin at 5.8% EBITDA • EBITDA ₹ 509 million lower by 14.6% YoY; EBIDTA margin at 7.1% PBT • PBT ₹ 270 million lower by 40.
Slide 11: Financial Highlights: Q3 FY24
Financial Highlights : Q3 FY24 ₹ Million Total Revenue EBITDA 37% YoY (15%) YoY ₹ 7,206 ₹ 7,188 ₹ 596 ₹ 579 ₹ 509 ₹ 5,261 Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY24 Profit Before Tax Profit After Tax (40)% YoY (41)% YoY ₹ 451 ₹ 342 383 305 ₹ 270 ₹ 203 Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3
Slide 12: Brief Financial Summary Q3 FY24
Brief Financial Summary Q3 FY24 ₹ Million Particulars Q3 FY23 Q2 FY24 Q3 FY24 QoQ YoY Revenue From Operations 5,145 7,120 7,093 (0.4%) 37.9% Other Income 115 86 95 11.1% (17.4%) Total Revenue 5,261 7,206 7,188 (0.2%) 36.6% Gross Profit 1,436 1,689 1,715 1.5% 19.5% Margin % 27.3% 23.4% 23.9% 0.4% (3.
Slide 13: Industry Segment: Q3 FY23
Industry Segment: Q3 FY23 Revenue (₹ million) Industry QoQ YoY Q3 FY23 Q2 FY24 Q3 FY24 Auto 1,076 1,725 1,510 (12%) 40% Consumer 2,053 2,519 2,544 1% 24% Healthcare 92 512 693 35% 654% Industrials 1,614 1,985 1,955 (2%) 21% IT and Railways 290 376 365 (3%) 26% Total 5,126 7,117 7,067 (0.7%) 38% 12
Slide 14: Financial Ratios
Financial Ratios Particulars Q3 FY23 Q2 FY24 Q3 FY24 EBITDA Margin (Ex Other Income, %) 9.4% 6.9% 5.8% EBITDA Margin (%) 11.4% 8.0% 7.1% PBT Margin (%) 8.6% 5.3% 3.7% PAT Margin (%) 6.5% 4.2% 2.8% Net Debt to EBITDA (LTM) NM NM 0.3 Debt to Equity 0.2 0.2 0.3 ROCE (%) 12.4% 13.6% 8.3% ROCE (%, Adj fo
Slide 15: Debt and Cash
Debt and Cash ₹ Million Particulars 31-Dec-22 30-Sep-23 31-Dec-23 Term Loan 905 889 882 Working Capital Loan 2,359 3,338 4056 Total Debt 3,264 4227 4939 Investments 8,363 4702 3680 Cash and Cash Equivalents 497 748 603 Total Cash & Equivalents 8,860 5450 4283 Net Debt / (Cash) (5,596) (1222) 656 14
Slide 16: Q3 FY24: Awards & Recognitions
Q3 FY24: Awards & Recognitions Got Awarded with Bronze in 37th NCQC quality Gold award in QCFI Delhi Chapter in Award of Appreciation from UNO Minda in circle competition. Quality Circle. “Best Technology Upgradation” 7 Kaaga Management’s Capacity Kaizen Award Trophy Faster Development & Localizatio
Slide 17: Thank you
Investors Contact: Thank you Nikhil Gupta, CFA Head – Investor Relations +91 11 4700 2122 investor.relations@syrmasgs.com www.syrmasgs.com
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