Slide 1: Exchange Filing Cover Letter for Earnings Presentation
31st July 2023 The Listing Department, The Manager The Manager, The Calcutta Stock The Department of The Listing Department, Exchange Ltd. Corporate Services, National Stock Exchange of 7, Lyons Range, BSE Limited, P. J. India Limited, Exchange Kolkata – 700001 Towers, Plaza, Dalal Street, Bandra Ku
Slide 2: Q1 FY24 Earnings Presentation
Q1 FY24 EARNINGS July 2023 PRESENTATION. NSE : LINC BSE : LINC Linc Limited Bloomberg : LINC:IN (formerly Linc Pen and Plastics Limited) 1
Slide 3: Inside This Presentation
Inside This Presentation . 1. 5. . 9. Executive Summary . Operational Highlights Why Linc? 15 03 . 10 - 11 . . . 2. . 6. 10. Management . Quarterly Commentary Profit & Loss Disclaimer 04 . 12 . 16 . . 3. . 7. . 11. Focus on Key Highlights Shareholder Thank You 05 . Value Creation . 17 . 13 . 4. 8. Q
Slide 4: 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 India’s Instruments. Linc in MRP ₹10 and above Japan. largest writing instrument seg
Slide 5: Management Commentary
Management Commentary. “Operating income in Q1 FY24 stood at ₹ 11,188 lacs, a growth of 14.2% against the corresponding quarter previous year. Gross profit margins also increased to 32.3% in Q1 FY24 as against 25.4% in the corresponding period previous year. However, the same contracted sequentially
Slide 6: Key Highlights
Key Highlights. Operating Income up 14.2% YoY & Gross Profit up 45.4% YoY at ₹3,616 down (18.5%) QoQ at ₹ 11,188 lacs lacs and Margin stood at 32.3%. Operating EBITDA up 64.5% YoY at 'Pentonic' Sales continued to grow ₹ 1,315 lacs and Margin stood at and was over 36% of total revenue for 11.8% Q1 FY
Slide 7: Quarterly Highlights
Quarterly Highlights. ₹ Lacs Operating Gross Operating PBT PAT Cash Income Profit EBITDA Profit1 11,188 3,616 1,315 1,004 739 1,112 Growth (YOY) 14.2% 45.4% 64.5% 69.3% 68.6% 45.2% Growth (QOQ) (18.5%) (23.2%) (33.0%) (39.4%) (40.1%) (30.5%) Margin2(%) 32.3% 11.8% 8.9% 6.5% Margin –YoY 693 bps 359 b
Slide 8: Quarterly Highlights (Cont.)
Quarterly Highlights (Cont.). ₹ Lacs ROE(%)2 ROCE(%)2 Particulars 30-Jun-23 31-Mar-23 30-Jun-22 Net Worth 18,452 17,722 14,724 23.4% 30.2% 16.3% 21.9% 12.1% 15.9% Gross Debt - - - Cash & Cash equivalent 1,560 760 486 Net Debt (1,560) (760) (486) Jun'22 Mar'23 Jun'23 Jun'22 Mar'23 Jun'23 Fixed Assets
Slide 9: 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 Q1 FY24 4,013 4,296 1,624 69 528 644 Sales Contribution (%) 35.9
Slide 10: Quarterly Highlights (Cont..)
Quarterly Highlights (Cont..). ₹ Lacs Writing Instruments Trade Channel Other Products Revenue General Trade Corporate Modern Trade E-Commerce Exports Q1 FY24 7,729 494 753 307 1,890 Sales Contribution (%) 69.2% 4.4% 6.7% 2.7% 16.9% Q4 FY23 8,919 688 727 268 3,099 Sales Contribution (%) 65.1% 5.0
Slide 11: Operational Highlights
Operational Highlights. Increasing touch points Focus on brand building 241,424 245,543 3.1% 218,471 48,676 39,996 2.8% 148,898 144,052 36,694 35,496 141,970 ₹ LACS 116,963 2.2% 25,666 1.7% 65,000 1.5% 50,000 56,553 1.6% 11,188 539 1,242 414 602 1380 244 FY 19 FY 20 FY 21 FY 22 FY 23 Jun-23 FY 19 FY
Slide 12: Operational Highlights (Cont..)
Operational Highlights (Cont..). Growth in average realization of Pens Focus on higher margin products + 2.3% 36.5% 29.9% 1,632 5.53 5.62 5.57 5.62 5.80 5.69 25.5% 1,594 32.3% 4.9 5.56 31.2% 496 668 5.42 In Lacs 4.52 34 4.32 3.96 35 ₹ 3.65 7.0% 23.8% 1064 929 21.8% 0.0% 20.3% FY 18 FY 19 FY 20 FY 21
Slide 13: Quarterly Profit & Loss
Quarterly Profit & Loss. ₹ Lacs Particulars Q1 FY 24 Q1 FY 23 YoY Change Q4 FY 23 QoQ Change FY 23 Operating Income 11,188 9,794 14.2% 13,729 (18.5%) 48,676 Gross Profit 3,616 2,487 45.4% 4,709 (23.2%) 15,197 Gross Profit (%) 32.3% 25.4% 27.3% 34.3% (5.8%) 31.2% Operating EBITDA 1,315 799 6
Slide 14: Focus on Shareholder Value Creation
Focus on Shareholder Value Creation. Net Cash from Operating Activities Vs Dividend Payout 5,000 60.0% 52% 50.0% 4,723 4,000 4,338 • NCOA continues to be strong in Q1 FY 24 40.0% 3,835 3,000 ₹ LACS 3,317 • Consistent Dividend Pay-out track record (Other than Covid years 33% 30.0% 2,000 20% 12% due t
Slide 15: Shareholding Pattern
Shareholding Pattern. 25.8% Promoters 1.3% Mitshubishi Pencil Co Ltd 0.2% 59.28% IEPF 13.5% NRI, FII etc. Other Public As on 30th June’23 14
Slide 16: 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 17: 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 18: 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 Website: www.uirtus.in Phone No.: +91 9836244222 17