Apcotex Industries Ltd · NSE:APCOTEXIND
Apcotex Industries — Q4 FY2022-23 Earnings Presentation
13 slides from Apcotex Industries's earnings presentation, Apr 28, 2023
Slide 1: Exchange filing cover letter for Earnings Presentation
28th April 2023 To, To, The Manager - Listing Department, Manager-Department of Corporate Services The National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, 5th floor, Jeejeebhoy Towers, Plot no. C/1, “G” Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai-400051 Sym
Slide 2: Earnings Presentation Q4-FY23/FY23
EARNINGS PRESENTATION Q4-FY23/FY23
Slide 3: Executive Summary
Executive Summary OVERVIEW ▶ Apcotex Industries Ltd (Apcotex) is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India. ▶ The company has one of the br
Slide 4: Company Overview
Company Overview Operational Revenue (INR Mn) and EBITDA Margin (%) ▶ The company’s Taloja plant was established in 1980 as a division of Asian Paints (India) Ltd. In 1991, the division was spun off as a separate company, 12000 10,799 24.0% which was headed by Mr. Atul Choksey, former MD of Asian Pa
Slide 5: Financial Highlights
Financial Highlights Q4-FY23 Financial Highlights FY23 Financial Highlights INR 2,561 Mn INR 341 Mn INR 10,799 Mn INR 1,585 Mn Operational Revenue EBITDA Operational Revenue EBITDA 13.32% INR 232 Mn 14.68% INR 1,079 Mn EBITDA Margin Net Profit EBITDA Margin Net Profit 9.06% INR 4.48/share 10.00% INR
Slide 6: Q4-FY23/FY23 Operational Highlights
Q4-FY23/FY23 Operational Highlights • Crossed INR 1,000 cr in Annual Revenue and INR 100 cr in PAT for the first time. • Q4-FY23 Margins were impacted due to overall pressure on demand in Nitrile latex, while NBR Margins returned to normalcy due to fall in import freight. Capex Update: • Multi-purpo
Slide 7: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Operational Revenue 2,561 2,775 (7.7)% 2,341 9.4% Total Expenses 2,220 2,322 (4.4)% 2,035 9.1% EBITDA 341 453 (24.7)% 306 11.4% EBITDA Margins 13.32% 16.32% (300)Bps 13.07% 25 Bps Depreciation 41 36 13.9% 37 10.
Slide 8: Annual Financial Performance
Annual Financial Performance Particulars (INR Mn) FY23 FY22 Y-o-Y Operational Revenue 10,799 9,569 12.9% Total Expenses 9,214 8,171 12.8% EBITDA 1,585 1,398 13.4% EBITDA Margins 14.68% 14.61% 7 Bps Depreciation 152 141 7.8% Finance Cost 51 32 59.4% Other Income 73 79 (7.6)% PBT 1,455 1,304 11.6% Tax
Slide 9: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY20 FY21 FY22 FY23 Operational Revenue 4,960 5,406 9,569 10,799 Total Expenses 4,626 4,708 8,171 9,214 EBITDA 334 698 1,398 1,585 EBITDA Margins 6.73% 12.91% 14.61% 14.68% Depreciation 134 145 141 152 Finance Cost 13 38 32 51 Other Income 59 52 79 73
Slide 10: Balance Sheet
Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 Shareholders Fund 3,054 3,962 4,760 Total Non Current Assets 2,383 3,014 4,809 Equity Share Capital 104 104 104 Property, Plant and Equipment 1,441 1,560 3,834 Other Equity 2,950 3,858 4,656 Capital Work in progres
Slide 11: Historical Performance Indicators
Historical Performance Indicators Operational Revenue (INR Mn) EBITDA (INR Mn) EBITDA Margin (%) PAT (INR Mn) and PAT Margin (%) 10,799 1,585 1,079 9,569 1,398 988 4,960 5,406 698 442 14.6% 14.7% 10.3% 10.0% 334 12.9% 8.2% 166 6.7% 3.4% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Ass
Slide 12: Disclaimer
Disclaimer Apcotex Industries Ltd Disclaimer: This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apcotex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation t
Slide 13: Thank You
Thank You
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