Fineotex Chemical Limited · NSE:FCL

Fineotex Chemical — H1 FY20 Earnings Presentation

24 slides from Fineotex Chemical's earnings presentation, November 2019

  1. Slide 1: Fineotex Chemical Limited H1 / Q2-FY20 Earnings Presentation

    FINEOTEX CHEMICAL LIMITED H1 / Q2- FY20 Where Dependability Counts… EARNINGS PRESENTATION

  2. Slide 2: Executive Summary

    ~~ EXECUTIVESUMmMARY ©

  3. Slide 3: Executive Summary

    FINEOTEX® EXECUTIVE SUMMARY OVERVIEW BUSINESS MIX KEY STRENGTHS FY19 FINANCIALS (I-GAAP-Consolidated)  Fineotex Group founded in 1979  Fineotex is one of India’s largest  Strong Balance Sheet with Zero  Income – INR 1,823 MN; CAGR 5 is engaged in manufacturing of and most progressive speciality

  4. Slide 4: Company Overview

    COMPANY OVERVIEW 4

  5. Slide 5: Company Overview

    FINEOTEX® COMPANY OVERVIEW  Fineotex Group was established in 1979 by Mr. Surendra Industry wise Revenue Domestic Revenue Tibrewala. Break-up Break-up Adhesives  FCL was incorporated as a public limited company in 2007. The 1% Other Chemicals South East Fertilizer 2% company was listed on Bombay S

  6. Slide 6: Accreditations

    FINEOTEX® ACCREDITATIONS SA 8000 (Social Accountability ISO 9001:20015 ISO 14001:2015 OHSAS 18001:2007 Management System) Fastest growing company in chemical Recognized as a ZDHC (Zero Discharge Hazardous Chemical) manufacturing by IPF at Bombay Stock Star Export House Exchange 6

  7. Slide 7: Accreditations

    ACCREDITATIONS Fineotex awarded as IPF Fastest Growing Chemical Manufacturing Fineotex recognized amongst 25 Fastest growing Company at BSE Ltd., December 20, 2017 Chemical Companies of India by The CEO Magazine June 2018 ( Surendrakumar Tibrewala | Chairman & Managing Director Fincotex F Two Sector

  8. Slide 8: Financial Overview

    FINANCIAL OVERVIEW 8

  9. Slide 9: H1 / Q2-FY20 Financial Highlights

    FINEOTEX® H1 / Q2-FY20 FINANCIAL HIGHLIGHTS  Q2-FY20 performance (Standalone):  H1-FY20 performance (Standalone): • Revenue : INR 332 Mn; Growth of 23.4% YoY • Revenue : INR 659 Mn; Growth of 26.5% YoY • EBITDA : INR 80 Mn • EBITDA : INR 151 Mn. • Net Profit : INR 60 Mn ; Growth of 106.9 % YoY • N

  10. Slide 10: Quarterly Income Statement (Standalone)

    FINEOTEX® QUARTERLY- INCOME STATEMENT STANDALONE INCOME STATEMENT (INR Mn) Q2-FY20 Q2-FY19 Y-o-Y Q1-FY20 Q-o-Q Revenue 332 269 23.4% 326 1.8% Expenses 252 219 15.1% 253 -0.4% EBITDA 80 50 60.0% 73 9.6% Other Income 3 (2) NA (2) NA Depreciation 3 2 50.0% 3 NA Finance Cost 1 2 NA 1 NA Exceptional Item

  11. Slide 11: Half Yearly Income Statement (Standalone)

    FINEOTEX® HALF YEARLY- INCOME STATEMENT STANDALONE INCOME STATEMENT (INR Mn) H1-FY20 H1-FY19 Y-o-Y Revenue 659 521 26.5% Expenses 508 394 28.9% EBITDA 151 127 18.9% EBITDA Margins (%) 22.91% 24.38% (147)Bps Other Income 1 (6) NA Depreciation 5 5 NA Finance Cost 1 4 (75.0)% Exceptional Items - (4) NA

  12. Slide 12: Quarterly Income Statement (Consolidated)

    FINEOTEX® QUARTERLY- INCOME STATEMENT CONSOLIDATED INCOME STATEMENT (INR Mn) Q2-FY20 Q2-FY19 Y-o-Y Q1-FY20 Q-o-Q Revenue 510 432 18.1% 497 2.6% Expenses 408 352 15.9% 412 (1.0)% EBITDA 102 80 27.5% 85 20.0% Other Income (7) (3) NA (1) NA Depreciation 3 3 NA 3 NA Finance Cost 2 3 (33.3)% 1 100% Excep

  13. Slide 13: Half Yearly Income Statement (Consolidated)

    FINEOTEX® HALF YEARLY- INCOME STATEMENT CONSOLIDATED INCOME STATEMENT (INR Mn) H1-FY20 H1-FY19 Y-o-Y Revenue 1,007 861 17.0% Expenses 821 684 20.0% EBITDA 186 177 5.08% EBITDA Margins (%) 18.47% 20.56% 210Bps Other Income (8) (5) NA Depreciation 5 5 NA Finance Cost 3 5 (40.0)% Exceptional Items - (4

  14. Slide 14: Historical Standalone Income Statement

    FINEOTEX® HISTORICAL STANDALONE INCOME STATEMENT INCOME STATEMENT (INR Mn) FY14 FY15 FY16 FY17 FY18 FY19 H1-FY20 Revenue 535 650 681 757 919 1,126 659 Expenses 486 537 498 565 683 869 508 EBITDA 49 113 183 192 236 257 151 Other Income 37 48 45 44 75 12 1 Depreciation 2 4 5 6 6 9 5 Finance Cost 3 3 3

  15. Slide 15: Standalone Balance Sheet

    FINEOTEX® STANDALONE BALANCE SHEET PARTICULARS (INR Mn) FY 13 FY14 FY 15 FY16 FY17 PARTICULARS (INR Mn) FY 13 FY14 FY15 FY16 FY17 EQUITIES & LIABILITIES ASSETS Shareholder Funds 546 601 707 837 956 Non Current Assets 225 244 576 678 772 (A) Share Capital 112 112 224 225 223 (A) Fixed Assets 63 68 10

  16. Slide 16: Standalone Balance Sheet

    FINEOTEX® STANDALONE BALANCE SHEET PARTICULARS (INR Mn) FY18 FY19 H1-FY20 PARTICULARS (INR Mn) FY18 FY19 H1-FY20 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non Current Assets Equity Share Capital 223 223 223 Property, Plant & Equipment 180 247 286 Other Equity 988 1,161 1,257 Capital work-in-pr

  17. Slide 17: Standalone Financial Performance

    FINEOTEX® STANDALONE FINANCIAL PERFORMANCE Revenue(INR Mn) Net Profit (INR Mn) 1200 1,126 250 213 1000 919 200 173 800 757 151 159 681 650 150 600 535 112 100 400 58 200 50 0 0 FY14 FY15 FY16 FY17 FY18 FY19 FY14 FY15 FY16 FY17 FY18 FY19 ROE ROCE Gross Debt/Equity 21.8% 0.045 0.04 0.04 20.4% 0.04 20.

  18. Slide 18: Historical Consolidated Income Statement

    FINEOTEX® HISTORICAL CONSOLIDATED INCOME STATEMENT INCOME STATEMENT (INR Mn) FY14 FY15 FY16 FY17 FY18 FY19 H1-FY20 Revenue 867 1,020 1,087 1,354 1,429 1,823 1,007 Expenses 774 855 822 1,055 1,200 1,477 821 EBITDA 93 165 265 299 229 346 186 Other Income 28 45 33 43 52 15 (8) Depreciation 3 5 6 6 6 10

  19. Slide 19: Consolidated Balance Sheet

    FINEOTEX® CONSOLIDATED BALANCE SHEET PARTICULARS (INR Mn) FY 13 FY14 FY15 FY16 FY17 PARTICULARS (INR Mn) FY 13 FY14 FY15 FY16 FY17 EQUITIES & LIABILITIES ASSETS Shareholder Funds 581 647 763 913 1,060 Non Current Assets 200 224 556 647 743 (A) Share Capital 112 112 224 225 223 (A) Net Fixed Assets 6

  20. Slide 20: Consolidated Balance Sheet

    FINEOTEX® CONSOLIDATED BALANCE SHEET PARTICULARS (INR Mn) FY18 FY19 H1-FY20 PARTICULARS (INR Mn) FY18 FY19 H1-FY20 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non Current Assets 192 261 298 Equity Share Capital 223 223 223 Property, Plant & Equipment Other Equity 1,135 1,372 1,475 Capital work-i

  21. Slide 21: Consolidated Financial Performance

    FINEOTEX® CONSOLIDATED FINANCIAL PERFORMANCE Revenue (INR Mn) Net Profit (INR Mn) CASH FLOW FROM OPERATIONS 2,000 1,823 300 200 239 240 243 180 191 250 160 1,500 1,354 1,429 136 136 200 140 120 1,020 1,087 170 120 1,000 867 150 129 100 80 63 100 65 60 500 50 40 20 11 - 0 0 FY14 FY15 FY16 FY17 FY18 F

  22. Slide 22: Capital Market Information

    FINEOTEX® CAPITAL MARKET INFORMATION PRICE DATA (AS ON 30th September, 2019) INCREASE IN PROMOTER HOLDING INCREASE IN RETAIL SHAREHOLDERS Face value (INR) 2.0 Promoter Holding (%) Retail Shareholders Market Price (INR) 26.6 37,936 37,832 73.0 40,000 52 Week H/L (INR) 47.5/21.7 72.0 30,000 Market Cap

  23. Slide 23: Safe Harbour

    FINEOTEX® SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Fineotex Chemical Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe

  24. Slide 24: Capital Market Information

    FINEOTEX® CAPITAL MARKET INFORMATION INCREASE IN PROMOTER HOLDING PRICE DATA (AS ON 31ST DECEMBER, 2015) Promoter Holding (%) Face value (INR) 2 Market Price (INR) 26.45 75 52 Week H/L (INR) 44.6/17.8 70 70.7 71.7 Market Cap (INR Mn) 2970.3 65 66.3 Equity Shares Outstanding (Mn) 22.5 60 62.5 Free Fl

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