Havells India Limited
2,043words
3turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
13%
22%
10%
Rs 424 crore
Rs 284 crore
Rs 2,220 crore
20.0%
3.1%
8.4%
20.7%
2.7%
Guidance — 3 items
Consumer Care No.
opening
“Financial Ratios .................................................................................................................................................9 2 Q3 FY23 (Quarter Ended December 31, 2022) 13% YoY Net Revenue Growth 22% CAGR 3Y Revenue Growth 10% EBITDA Margin Rs 424 crores Rs 284 crores Profit After Tax Rs 2,220 crores Net Cash 1.”
Results Summary
opening
“(C) Net Cash Flow (A+B+C) Cash & Cash Equivalent at beginning Cash & Cash Equivalent at end YTD FY23 960 219 (63) (596) (277) 243 (369) 66 (303) (282) (394) (26) (702) (762) 2,982 2,220 FY22 1,604 261 (40) 342 (414) 1,753 (255) 100 (154) (407) (97) (43) (547) 1,051 1,931 2,982 * Cash & Cash Equivalent includes bank deposits also • Working capital outgo mainly on account of increase in inventory • Capex includes Rs 236 crores towards new Air conditioner project in Sricity, Andhra Pradesh 7.”
Results Summary
opening
“Havells will be issuing fresh Information Update, like the one you are reading now; on the day it declares its Financial Results.”
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Risks & concerns — 1 flagged
Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
— Results Summary
Speaking time
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Opening remarks
Sub
Information Update on the Unaudited Financial Results Q3 2022-23 Dear Sir, In furtherance to the un-audited standalone and consolidated financial results of the Company viz. Havells India Limited already forwarded to the stock exchanges this day in compliance of Regulations 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, also please find enclosed herewith an information update on the financial results of the Company for the third quarter and nine-months ended 31st December, 2022. The above is for your information and records. Thanking you. Yours faithfully, for Havells India Limited (Sanjay Kumar Gupta) Company Secretary Encl: as above ..... rzb STANDARD I a I erabtree " HAVELLS HAVELLS INDIA LTD. Corporate Office: QRG Towers, 20, Sector 126, Expressway, Noida - 201304 , U.P (INDIA) Tel: +91- 120-3331000, Fax: +91-120-3332000 E-mail: marketing@havells.com, www.havells .com Registered Office: 904, 9th Floor, Surya K
Consumer Care No.
1800 103 1313, 1800 11 0303 (All Connections), 011 -4166 0303 (Landline) CIN: L31900DL1983PLC016304 GSTIN: 09AAACH0351E2Z2 GROUP " HAVELLS Havells India Limited Q3 FY23 {Quarter Ended December 31, 2022} {Un-Audited Financial Results} [ .CA I Srabtree • M [ S HAVELLS STANDARD Table of Contents (Havells India Standalone) 1. P&L Summary – Quarterly ................................................................................................................................3 2. Segment Wise – Quarterly ................................................................................................................................4 3. P&L Summary – Nine Months ..........................................................................................................................5 4. Segment Wise – Nine Months ..........................................................................................................................5 5. Balance Sheet ........................................
Results Summary
Q3 FY23 Q3 FY22 YoY (%) Q2 FY23 4,120 825 20.0% 75 128 3.1% 348 8.4% 424 3,652 754 20.7% 66 100 2.7% 280 7.7% 440 10.3% 12.1% 75 7 8 32 382 9.3% 98 284 6.9% (1) 283 66 12 16 33 411 11.2% 105 306 8.4% (1) 305 13% 9% 27% 24% (4)% (7)% (7)% (7)% 3,669 632 17.2% 72 87 2.4% 330 9.0% 287 7.8% 72 7 0 43 251 6.9% 65 187 5.1% (1) 186 • Revenue growth predominately volume driven • Moderating consumer demand amidst retail inflation • Margin improved sequentially with stability in RM prices in Q3 • Lloyd growth momentum maintained; however, margins remain under pressure owning to high-cost inventory and market competitiveness • Accelerated investment on brand with spend of Rs 128 cr as against Rs 100 cr Q3 last year 3 2. Segment Wise – Quarterly 2.1 Revenue Analysis (In Rs crores) Switchgears Cable Lighting & Fixtures Electrical Cons. Durables Others Sub Total Lloyd Consumer Total Q3 FY23 Q3 FY22 YoY (%) Q3 FY20 3Y CAGR (%) 514 1,412 420 935 232 3,513 607 4,120 496 1,206 408 893 184 3,187 466 3,65
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