Fineotex Chemical Limited · NSE:FCL
Fineotex Chemical — Q1 FY17 Earnings Presentation
18 slides from Fineotex Chemical's earnings presentation, Aug 16, 2016
Slide 1: Fineotex Chemical Limited – Earnings Presentation Cover Letter
FINEOTEX CHEMICAL LIMITED 16s/43 16" August 2016 To, General Manager, The Manager, Listing Department, Listing & Compliance Department The Bombay Stock Exchange Limited, The National Stock Exchange of India Limited P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai — 400 001 Ban
Slide 2: Executive Summary
Ts executive summary ©
Slide 3: Executive Summary
FINEOTEX® EXECUTIVE SUMMARY OVERVIEW BUSINESS MIX KEY STRENGTHS FY16 FINANCIALS § Fineotex Group founded in 1979 § Fineotex is one of India’s largest § Strong Balance Sheet with Zero § Total Income – INR 1,121 MN , 5 is engaged in manufacturing of and most progressive speciality Debt; High ROE and R
Slide 4: Company Overview
> company overview ©
Slide 5: Company Overview
FINEOTEX® COMPANY OVERVIEW § Fineotex Group was established in 1979 by Mr.Surendra Industry wise Revenue Break-up Tibrewala FerGlizer Chemicals Adhesives 3% 4% § FCL was incorporated as a public limited company in 2007. The company was listed on Bombay Stock Exchange in March 2011, Other and listed
Slide 6: Q1/FY17 Financial Highlights
FINEOTEX® Q1/FY17 FINANCIAL HIGHLIGHTS q Q1-FY17 performance (Standalone): • Total Income : INR 189 Mn; Growth of 9.9% YoY • EBITDA : INR 51 Mn; Growth of 10.9% YoY • EBITDA Margin : 26.98%; Increase by 24 bps • Net Profit : INR 33 Mn; Growth of 13.8% YoY • PAT Margin : 17.46%; Increase by 60 bps •
Slide 7: Financial Overview
FINANCIAL OVERVIEW 7
Slide 8: Quarterly - Standalone Statement
FINEOTEX® QUARTERLY- STANDALONE STATEMENT INCOME STATEMENT (INR Mn) Q1 - FY17 Q4 - FY16 Q-O-Q Q1-FY16 Y-O-Y Total Income* 189 203 (6.9)% 172 9.9% Expenses 138 131 5.3% 126 9.5% EBITDA 51 72 (29.2)% 46 10.9% EBITDA Margin % 26.98% 35.46% (848) bps 26.74% 24 bps DepreciaGon 1 1 NA 1 NA Finance Cost 1
Slide 9: Quarterly - Consolidated Statement
FINEOTEX® QUARTERLY- CONSOLIDATED STATEMENT INCOME STATEMENT (INR Mn) Q1 FY17 Q4 FY16 Q-O-Q Q 1 FY16 Y-O-Y Total Income* 303 295 2.7% 260 16.5% Expenses 231 209 10.5% 196 17.9% EBITDA 72 86 (16.3)% 64 12.5% EBITDA Margin % 23.76% 29.15% (539) bps 24.61% (85) bps DepreciaGon 1 1 NA 2 (50)% Finance Co
Slide 10: Historical Standalone Income Statement
FINEOTEX® HISTORICAL STANDALONE INCOME STATEMENT INCOME STATEMENT (INR Mn) FY13 FY14 FY15 FY16 Total Income* 432 572 698 726 Expenses 353 485 537 498 EBITDA 79 87 161 228 EBITDA Margin % 18.29% 15.2% 23.06% 31.40% DepreciaGon 2 2 5 5 Finance Cost 4 3 2 3 Extra-Ordinary Items 0 2 0 0 PBT 73 80 154 22
Slide 11: Standalone Balance Sheet
FINEOTEX® STANDALONE BALANCE SHEET PARTICULARS FY 13 FY14 FY 15 FY16 PARTICULARS FY 13 FY14 FY15 FY16 EQUITIES & LIABILITIES ASSETS Shareholder Funds 546 601 707 837 Non Current Assets 225 244 576 669 (A) Share Capital 112 112 224 225 (A) Net Fixed Assets 63 68 106 120 (B) Reserves& Surplus 434 489
Slide 12: Standalone Financial Performance
FINEOTEX® STANDALONE FINANCIAL PERFORMANCE Total Income EBITDAM% Net Profit 800 726 35.0% 160 698 30.0% 140 572 600 31.4% 25.0% 120 432 100 20.0% 400 23.1% 15.0% 80 151 18.3% 60 112 200 15.2% 10.0% 40 5.0% 54 58 20 0 0.0% 0 FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 ROCE ROE Gross Debt/Equity 25 21.79 2
Slide 13: Historical Consolidated Income Statement
FINEOTEX® HISTORICAL CONSOLIDATED INCOME STATEMENT INCOME STATEMENT (INR Mn) FY13 FY14 FY15 FY16 Total Income* 984 895 1,065 1,121 Expenses 864 774 855 822 EBITDA 120 121 210 299 EBITDA Margin % 12.19% 13.51% 19.72% 26.67% DepreciaGon 3 3 5 6 Finance Cost 6 4 3 4 Extra-Ordinary Items 0 2 0 0 PBT 111
Slide 14: Consolidated Balance Sheet
FINEOTEX® CONSOLIDATED BALANCE SHEET PARTICULARS FY 13 FY14 FY 15 FY 16 PARTICULARS FY 13 FY14 FY15 FY-16 EQUITIES & LIABILITIES ASSETS Shareholder Funds 581 647 763 913 Non Current Assets 200 224 556 647 (A) Share Capital 112 112 224 225 (A) Net Fixed Assets 66 76 117 131 (B) Reserves& Surplus 469
Slide 15: Consolidated Financial Performance
FINEOTEX® CONSOLIDATED FINANCIAL PERFORMANCE Total Income EBITDA % Net Profit CASH FLOW FROM OPERATIONS 1,065 1,121 1200 30.00% 200 170 140 984 180 113 1000 895 25.00% 120 160 129 800 26.60% 20.00% 140 100 120 80 600 19.70% 15.00% 100 70 54 80 65 60 41 400 10.00% 60 40 12.20% 13.50% 40 11 200 5.00% 2
Slide 16: Capital Market Information
FINEOTEX® CAPITAL MARKET INFORMATION INCREASE IN PROMOTER HOLDING PRICE DATA (AS ON 30th JUNE, 2016) Face value (INR) 2 Promoter Holding (%) Market Price (INR) 28.3 75.0 52 Week H/L (INR) 44.6/17.8 70.0 Market Cap (INR Mn) 3,178.09 70.7 71.7 71.7 Equity Shares Outstanding (Mn) 112.3 65.0 66.3 66.3 F
Slide 17: Safe Harbour
FINEOTEX® SAFE HARBOUR This presenta.on and the accompanying slides (the “Presenta.on”), which have been prepared by Fineotex Chemical Limited (the “Company”), have been prepared solely for informa.on purposes and do not cons.tute any offer, recommenda.on or invita.on to purchase or subscribe for any
Slide 18: Capital Market Information
FINEOTEX® CAPITAL MARKET INFORMATION INCREASE IN PROMOTER HOLDING PRICE DATA (AS ON 31ST DECEMBER, 2015) Face value (INR) 2 Promoter Holding (%) Market Price (INR) 26.45 75 52 Week H/L (INR) 44.6/17.8 70 Market Cap (INR Mn) 2970.3 70.7 71.7 65 Equity Shares Outstanding (Mn) 22.5 66.3 60 62.5 Free Fl