Slide 1: Q4 FY23 & FY23 Earnings Presentation
Q4 FY23 & FY23 EARNINGS May 2023 PRESENTATION. NSE : LINC BSE : LINC Linc Limited Bloomberg : LINC:IN (formerly Linc Pen and Plastics Limited) 1
Slide 2: Inside This Presentation
Inside This Presentation . 1. Executive . 5. 9. Quarterly Summary . Highlights Shareholding Pattern 03 . 08 - 11 . 16 . . . . 2. Management Operational Commentary 04 . . 6. Highlights 12 - 13 . . 10. Why Linc? 17 . Quarterly . 3. Key Highlights 05 - 06 . . 7. Profit & Loss 14 . . 11. Disclaimer 18 .
Slide 3: Executive Summary
Executive Summary. ➢ Among Top 3 brands ➢ New Writing Instrument ➢ Global brand from ➢ Asia’s largest stationery in India for Writing brand launched in FY19 by Mitsubishi Pencil Co. Ltd, giant. • Linc Ltd. is one of Instruments. Linc in MRP ₹10 and above Japan. India’s largest writing segment. instr
Slide 4: Management Commentary
Management Commentary. “FY23 has been a landmark year for our company as we posted highest ever revenue and profit. Operating income stood at ₹ 48,676 lacs, a growth of 37.1% against the previous financial year. Q4 FY 23 income also registered strong growth, viz 24.2% YoY and 10.2% QoQ. Buoyed by in
Slide 5: Key Highlights
Key Highlights. Operating Income up 24.2% YoY, Gross Profit up 85.7% YoY at ₹4,709 10.2% QoQ at ₹ 13,729 lacs lacs and Margin stood at 34.3%. Gross Profit and GPM were also the highest in a quarter Operating EBITDA up 235.6% YoY at 'Pentonic' Sales continued to grow ₹ 1,961 lacs and Margin stood at
Slide 6: Key Highlights (Cont.)
Key Highlights (Cont.) . Financial performance at all time high… 48,676 6,136 12.6% 36,694 39,699 35,496 3,826 ₹ LACS 9.6% ₹ LACS 25,666 1987 6.9% 1,017 2,153 6.1% 15,197 7,434 9,805 8,441 4.0% 5,753 FY 19 FY 20 FY 21 FY 22 FY 23 FY 19 FY 20 FY 21 FY 22 FY 23 Operating EBITDA Operating EBITDA Margin
Slide 7: Annual Highlights
Annual Highlights. ₹ Lacs Operating Gross Operating PBT PAT Cash Income Profit EBITDA Profit1 48,676 15,197 6,136 5,009 3,740 5,151 Growth (YOY) 37.1% 80.0% 185.0% 361.5% 359.8% 145.8% Margin2(%) 31.2% 12.6% 10.2% 7.6% Margin 744 bps 654 bps 718 bps 536 bps Expansion/Contraction (YOY) EPS/CEPS 25.15
Slide 8: Quarterly Highlights
Quarterly Highlights. ₹ Lacs Operating Gross Operating PBT PAT Cash Income Profit EBITDA Profit1 13,729 4,709 1,961 1,658 1,233 1,598 Growth (YOY) 24.2% 85.7% 235.6% 316.4% 312.2% 155.3% Growth (QOQ) 10.2% 14.1% 7.8% 11.3% 10.8% 8.9% Margin2(%) 34.3% 14.3% 12.0% 8.9% Margin –YoY 1136 bps 900 bps 845
Slide 9: Quarterly Highlights (Cont.)
Quarterly Highlights (Cont.). ₹ Lacs ROE(%)2 ROCE(%)2 Particulars 31-Mar-23 31-Dec-22 30-Sep-22 31-Mar-22 23.4% Net Worth 17,722 16,526 15,412 14,285 21.7% 27.9% 30.2% 18.8% 24.1% Gross Debt - - - 299 5.9% 7.7% Cash & Cash equivalent 760 1,604 822 9 Net Debt (760) (1,604) (822) 290 FY 22 Q2'23 Q3'23
Slide 10: Quarterly Highlights (Cont..)
Quarterly Highlights (Cont..). ₹ Lacs Writing Instruments Other Products Writing Instruments Other Products Revenue Own Brands Licensed Brands Own Brands Licensed Brands Pentonic Linc & Others (Uni-Ball) Pentonic Linc & Others (Deli) Q4 FY23 4,024 6,298 1,949 76 705 649 Sales Contribution (%)
Slide 11: Quarterly Highlights (Cont..)
Quarterly Highlights (Cont..). ₹ Lacs Writing Instruments Trade Channel Other Products Revenue General Trade Corporate Modern Trade E-Commerce Exports Q4 FY23 8,919 688 727 268 3,099 Sales Contribution (%) 65.1% 5.0% 5.3% 2.0% 22.6% Q3 FY23 8,468 329 660 230 2,910 Sales Contribution (%) 67.2% 2.6
Slide 12: Operational Highlights
Operational Highlights. Increasing touch points Focus on brand building 2,41,424 3.1% 2,18,471 48,676 39,996 2.8% 1,48,898 36,694 35,496 1,41,970 ₹ LACS 1,16,963 25,666 1.7% 65,000 1.5% 50,000 56,553 1.6% 539 1,242 414 602 1380 FY 19 FY 20 FY 21 FY 22 FY 23 FY 19 FY 20 FY 21 FY 22 FY 23 Total Touch
Slide 13: Operational Highlights (Cont..)
Operational Highlights (Cont..). Growth in average realization of Pens Focus on higher margin products + 24.4% 29.9% 7,600 5.53 5.62 5.57 5.62 5.80 5.42 25.5% 6,110 2340 31.2% 4.9 1526 147 In Lacs 4.52 111 4.32 3.96 23.8% ₹ 3.65 7.0% 4473 5114 21.8% 0.0% 20.3% FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY1
Slide 14: Quarterly Profit & Loss
Quarterly Profit & Loss. ₹ Lacs Particulars Q4 FY 23 Q4 FY 22 YoY Change Q3 FY 23 QoQ Change FY 23 FY 22 YOY Change Operating Income 13,729 11,055 24.2% 12,455 10.2% 48,676 35,496 37.1% Gross Profit 4,709 2,536 85.7% 4,126 14.1% 15,197 8,441 80.0% Gross Profit (%) 34.3% 22.9% 49.5% 33.1% 3.5
Slide 15: Focus on Shareholder Value Creation
Focus on Shareholder Value Creation. Net Cash from Operating Activities Vs Dividend Payout 5,000 60.0% 52% 4,723 4,000 50.0% 4,338 • Sharp increase in Free Cash Flow in FY23 3,835 40.0% ₹ LACS 3,000 3,317 • Consistent Dividend Pay-out track record (Other than Covid years 33% 30.0% 2,000 20% 12% due
Slide 16: Shareholding Pattern
Shareholding Pattern. 26.8% Promoters Mitshubishi Pencil Co Ltd 0.3% 59.25% IEPF 0.2% NRI, FII etc. 13.5% Other Public As on 31st March’23 16
Slide 17: Why Linc?
Why Linc?. Education sector Strong Balance Sheet with experiencing strong tail zero debt and free cash in winds in India; hence hand; strong top & bottom- demand for company’s line growth products will continue to grow Presence over all categories Strong in-house – Roller Pen, Gel Pen & Ball manufac
Slide 18: Disclaimer
Disclaimer. The information contained in this presentation is provided by Linc Limited (the “Company”). Although care has been taken to ensure that the information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the information is subject to change without
Slide 19: Thank You
Thank You. For further details please contact Director Finance & CFO Investor Relations Advisor N.K.Dujari Email: investors@linclimited.com Phone No.: +91 9830042353 Sanjeev Sancheti Landline: +91 33 68262100 Email: ss@uirtus.in Phone No.: +91 9836244222 19