Fineotex Chemical Limited · NSE:FCL
Fineotex Chemical — Q4 FY2023 Earnings Presentation
23 slides from Fineotex Chemical's earnings presentation, May 22, 2023
Slide 1: Fineotex – Earnings Presentation Filing Letter
FINEOTEX® A Speciality Chemical Producing Public Listed Company May 22, 2023 To, General Manager, The Manager, Listing Department, Listing & Compliance Department Bombay Stock Exchange Limited, The National Stock Exchange of India Limited P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Compl
Slide 2: Fineotex Chemical Limited Q4 and FY2023 Earnings Presentation
Fineotex Chemical Limited (BSE: 533333; NSE: FCL) Textile Q4 and FY2023 Specialties Earnings Presentation Other Specialties Cleaning & Hygiene Specialties Drilling Specialties
Slide 3: FY2023 Consolidated Financial Highlights
FY2023 Consolidated Financial Highlights Surendrakumar Tibrewala Rs 5,170 mn Rs 1,126 mn Rs 896 mn Chairman and Managing Director Consolidated EBITDA Net Profit Revenue We are happy to share that FY2023 was a huge success. We not only met but surpassed our financial targets, and also saw strong grow
Slide 4: Diversifying Its Business Portfolio
Diversifying Its Business Portfolio Overview of Textile Chemical segment Overview of the Cleaning and Hygiene segment Specialty chemicals producer with a focus on textiles Successfully diversified into the cleaning and hygiene chemicals business Team of 34 professionals for providing technical solut
Slide 5: Consolidated Quarterly Performance Trend
Consolidated Quarterly Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 36.2% 23.8% 35.0% 34.5% 17.1% 17.7% 750 1,214 1,377 128 215 327 Q4 FY 21 Q4 FY 22 Q4 FY 23 Q4 FY 21 Q4 FY 22 Q4 FY 23 PBT and PBT Margin PAT and PAT Margin 18.9% 24.2% 20.1% 15.9% 14.0%
Slide 6: Consolidated Annual Performance Trend
Consolidated Annual Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 23.2% 26.6% CAGR CAGR 21.8% 37.3% 19.0% 18.6% 19.3% 35.5% 35.7% 36.1% 34.4% 17.4% 1,823 1,963 2,185 3,682 5,170 347 342 406 712 1,126 FY 19 FY 20 FY 21 FY 22 FY 23 FY 19 FY 20 FY 21 FY 22
Slide 7: Key Return Ratios Trend
Key Return Ratios Trend Return on Capital Employed (%) Return on Equity (%) 34.2% 28.7% 28.0% 23.4% 22.7% 21.5% 19.1% 19.6% 15.8% 8.4% FY 19 FY 20 FY 21 FY 22 FY 23 FY 19 FY 20 FY 21 FY 22 FY 23 ROE= PAT/Average Equity ROCE = EBIT/Average Capital Employed (Capital Employed = Total Equity + Short Ter
Slide 8: Consolidated P&L Summary: FY2023
Consolidated P&L Summary: FY2023 Particulars (Rs. Million) Q4 FY23 Q4 FY22 YoY% FY23 FY22 YoY% Revenue from Operations 1,377 1,214 13.4% 5,170 3,682 40.4% COGS 878 795 10.5% 3,392 2,351 44.3% Gross Profit 499 419 19.0% 1,778 1,331 33.6% Gross Profit Margin 36.2% 34.5% 34.4% 36.1% Employee Benefit Ex
Slide 9: Fineotex Strategic Rationale
Fineotex Strategic Rationale Fineotex Overview Customised Solution • Specialty chemicals producer with a focus on textiles chemicals Besides manufacturing specialty chemicals, we also offer customized technical solutions and services through our dedicated focus on R&D • Successful expansion into the
Slide 10: Focus on Growth and Diversification
Focus on Growth and Diversification Cleaning and Hygiene Chemicals Drilling Speciality Chemicals Other Speciality Chemicals • Customised solutions for: • Customised solutions for Oil and Gas • Non toxic eco-friendly solution designed with ▪ Housekeeping, Kitchen Care and Disinfectants • Significant
Slide 11: Strategic Partnerships
Strategic Partnerships Strategic collaboration with Eurodye-CTC, Belgium, to Strategic collaboration with HealthGuard, Australia to Setting up a state of art Research & Development commercialize specialty chemicals for the Indian become the exclusive global marketing and sales centre in collaboratio
Slide 12: Synergistic Business Model with Biotex
Synergistic Business Model with Biotex Fineotex - India Biotex - Malaysia • Diverse product portfolio (400+ categories) • Niche product portfolio (50+ categories) across business segments Overview • High end super speciality textile chemical • Applications primarily across the entire textile applica
Slide 13: Manufacturing Platforms (GMP Certified)
Manufacturing Platforms (GMP* Certified) Location Operating Facts Strategic Advantages Manufacturing Excellence • Total Production Capacity of • The Ambernath plant is fungible and has the Mahape is 36,500 MT capabilities to manufacture products for both • Ambernath plant had the textile chemical an
Slide 14: Fineotex Key Highlights during FY2023
Fineotex Key Highlights during FY2023 Q1 FY2023 Q2 FY2023 Q3 FY2023 Q4 FY2023 • Celebrated 11 years of listing • Company has been included in • Honoured with the Women at • Crisil ratings upgraded to on the Indian stock market the Nifty Microcap Index work leadership award by A/Stable (Long Term) an
Slide 15: Cleaning and Hygiene Division: Diversified Product Offering
Cleaning and Hygiene Division Diversified Product Offering • Air freshener • Hygienic hard surface Housekeeping • Carpet cleaner cleaner • Carpet shampoo • Multi surface cleaner • Deodorizers • Surface cleaner cum • Floor cleaner disinfectant • Furniture maintainer • Toilet bowl cleaner • Glass clea
Slide 16: Key Products in the Specialty Textile Chemicals Segment
Key Products in the Specialty Textile Chemicals Segment Steps Weaving Pre-treatment Dyeing Printing Finishing De-sizing, Dyeing, Rotary Exhaust Process Sizing Scouring, Washing, Printing, Padding Bleach Fixing Table Printing Enzymes, Dyes, Acids, Dyes, Binder Softeners, Wetting & Alkali Thickener, F
Slide 17: Global Customer Reach
Global Customer Reach • Sales in ~70 countries including Brazil, Bangladesh, Germany, Indonesia, Malaysia, Singapore, Syria, Thailand, USA, Venezuela and Vietnam • 34+ technical marketing experts • 110+ dealers in Indian and International markets Q4 FY23 Revenue Mix 35% 65% Facilities at Mahape and
Slide 18: Growth in Textile Chemical Industry and Cleaning and Hygiene
Growth in Textile Chemical Industry and Cleaning and Hygiene Textile Chemical Cleaning and Hygiene Growth outlook for Specialty Chemicals Growth outlook for Cleaning and Hygiene • The global specialty chemicals market size was valued at • The global cleaning services market size was valued at USD 61
Slide 19: Management Team
Management Team Surendra Kumar Tibrewala Sanjay Tibrewala Aarti Jhunjhunwala Education: B.Com and LLB Education: B.Com and P.G. in Textile Education: B.Com and M.Com Chemicals and Processing Managing Director Chief Financial Officer Head - International Marketing Arindam Choudhuri Noa N. Ouakass Ked
Slide 20: Sustainability at its Core
Sustainability at its Core We place sustainability high on our agenda as it is an integral part of our business strategy 100% 21% 4,17,000 units Employees are covered Female employees in Electricity purchased in with health and accident FY22 FY22 insurance 100% employees Rs 50.00 Lakhs Zero Were giv
Slide 21: Fineotex ESG Accreditations
Fineotex ESG Accreditations Bhive certified Certificates Blue Sign certified ISO 9001 ISO 14001 ISO 14045 ISO 45001 ECO Passport by OEKO-TEX ISO 20000 SA 8001 OHSAS18001 ISO 22000 Global Organic Textile Standard (GOTS) certified Hazard Analysis Critical Control Point Certification Indian Green Build
Slide 22: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Fineotex Chemical Limited (“Fineotex Chemical” or the Company) future bus
Slide 23: Fineotex Chemical Limited
Fineotex Chemical Limited FINEOTEX CHEMICAL LIMITED (CIN Number: L24100MH2004PLC144295) 42-43, Manorama Chambers, S. V. Road Bandra (West), Mumbai - 400 050, India Phone: (+91 - 22) 26559174 / 75, (+91 - 22) 26559176 / 77 Email: info@fineotex.com www.fineotex.com 22