Ion Exchange (india) Ltd. · NSE:IONEXCHANG
Ion Exchange (india) — Q4 FY2020 Earnings Presentation
21 slides from Ion Exchange (india)'s earnings presentation, Jun 29, 2020
Slide 1: Ion Exchange: Refreshing the Planet
@ ION EXCHANGE Refreshing the Planet June 29, 2020 To, BSE Limited The Corporate Relationship Dept. P.J. Towers, Dalal Street, Mumbai — 400 001 BSE Company Code: 500214 Dear Sir/ Madam, Sub: Submission of Analyst / Investor Presentation Pursuant to Regulation 30(6) read with Part A of Schedule III o
Slide 2: Earnings Presentation – FY20 / Q4-FY20
EARNINGS PRESENTATION – FY20 / Q4-FY20
Slide 3: Executive Summary
Executive Summary OVERVIEW • Ion Exchange (India) Ltd (Ion Exchange), formed in 1964, is a pioneer in water, waste water treatment & FY20: Operating environment solutions and caters to various industries, homes & communities. Income* • Headquartered in Mumbai, the company has six manufacturing & ass
Slide 4: Company Overview
Company Overview • Ion Exchange was originally formed as a subsidiary of Permutit, UK in 1964. It REVENUE BREAK UP FY20* became a wholly owned Indian company in 1985. The company is currently in its Consumer 56th Year of operations. Products • The company has expanded its footprints globally and pos
Slide 5: FY20 / Q4-FY20 Financial Highlights
FY20 / Q4-FY20 FINANCIAL HIGHLIGHTS q Q4-FY20 Performance (Standalone): q Q4-FY20 Performance (Consolidated): • Operating Income: INR 3,279 Mn • Operating Income: INR 3,511 Mn • Operating EBITDA: INR 327 Mn • Operating EBITDA: INR 393 Mn • Operating EBITDA Margins: 9.97% • Operating EBITDA Margins:
Slide 6: FY20 / Q4-FY20 Operational Highlights
FY20 / Q4-FY20 OPERATIONAL HIGHLIGHTS Business Operations Ø Operations of the Company were affected in Q4-FY20 due to COVID 19 pandemic and the resultant lockdowns in several geographies including India. Ø This resulted in deferral of despatches in all the three segments thereby impacting the sales
Slide 7: Q4-FY20 Standalone Income Statement (IND-AS)
Q4-FY20 STANDALONE INCOME STATEMENT (IND-AS) INCOME STATEMENT (INR MN) Q4-FY20 Q4-FY19 Y-o-Y Q3-FY20 Q-o-Q Operating Income 3,279 4,181 (21.6)% 3,781 (13.3)% Expenses 2,952 3,677 (19.7)% 3,413 (13.5)% Operating EBITDA 327 504 (35.1)% 368 (11.1)% Operating EBITDA Margins (%) 9.97% 12.05% (208) Bps 9.
Slide 8: Segmental Breakup - Quarterly Standalone
SEGMENTAL BREAKUP- QUARTERLY STANDALONE ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 3,300 1,500 350 325 322 E 2,800 2,854 1,134 1,013 300 V 2,300 2,055 1,000 E 250 N 1,800 500 200 U 1,300 E 800 0 150 Q4-FY19 Q4-FY20 Q4-FY19 Q4-FY20 Q4-FY19 Q4-FY20 Q4-FY19 Q4-FY20 250 230 300
Slide 9: Standalone Income Statement (IND-AS)
STANDALONE INCOME STATEMENT (IND-AS) INCOME STATEMENT (INR MN) FY20 FY19 Y-o-Y Operating Income 14,072 11,023 27.7% Expenses 12,862 10,110 27.2% Operating EBITDA 1,210 913 32.5% Operating EBITDA Margins (%) 8.60% 8.28% 32 Bps Depreciation 221 181 22.1% Finance Cost 132 162 (18.5)% Other Income 485 4
Slide 10: Segmental Breakup - Standalone
SEGMENTAL BREAKUP- STANDALONE ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 10,800 1,500 8,919 5,000 4,431 1,256 E 8,800 4,091 1,300 4,000 1,097 V 6,800 6,397 3,000 1,100 E 900 4,800 2,000 N U 2,800 1,000 700 E 800 0 500 FY19 FY20 FY19 FY20 FY19 FY20 800 FY19 FY20 850 759 0 60
Slide 11: Standalone Balance Sheet (As Per IND-AS)
STANDALONE BALANCE SHEET (As Per IND-AS) PARTICULARS (INR MN) FY20 FY19 PARTICULARS (INR MN) FY20 FY19 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 147 147 (A) Property, Plant and Equipment 1,623 1,425 (B) Other Equity 4,668 3,597 (B) Capital Work-in-progress 179
Slide 12: Financials - Standalone
FINANCIALS - STANDALONE REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) GROWTH GROWTH GROWTH 14,072 28% 33% 49% 1,210 991 11,023 913 666 FY19 FY20 FY19 FY20 FY19 FY20 NET DEBT/EQUITY ROE and ROCE WORKING CAPITAL DAYS FY19 FY20 54 49 20.60% 17.8% 16.5% 17.30% (0.5) (0.6) FY19 FY20 ROE ROCE F
Slide 13: Q4-FY20 Consolidated Income Statement (IND-AS)
Q4-FY20 CONSOLIDATED INCOME STATEMENT (IND-AS) INCOME STATEMENT (INR MN) Q4-FY20 Q4-FY19 Y-o-Y Q3-FY20 Q-o-Q Operating Income 3,511 4,318 (18.7)% 3,982 (11.8)% Expenses 3,118 3,719 (16.2)% 3,590 (13.1)% Operating EBITDA 393 599 (34.4)% 392 0.3% Operating EBITDA Margins (%) 11.19% 13.87% (268) Bps 9.
Slide 14: Segmental Breakup - Quarterly Consolidated
SEGMENTAL BREAKUP-QUARTERLY CONSOLIDATED ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) 2,919 R 3,100 1,300 1,203 400 1,102 323 E 2,600 2,198 1,100 326 V 2,100 300 900 E 1,600 N 1,100 700 200 U 600 500 E 100 300 100 Q4-FY19 Q4-FY20 Q4-FY19 Q4-FY20 Q4-FY19 Q4-FY20 350 310 Q4-FY19
Slide 15: Consolidated Income Statement (As per IND-AS)
CONSOLIDATED INCOME STATEMENT (As per IND-AS) INCOME STATEMENT (INR MN) FY20 FY19 Y-o-Y Operating Income 14,798 11,623 27.3% Expenses 13,452 10,557 27.4% Operating EBITDA 1,346 1,066 26.3% Operating EBITDA Margins (%) 9.10% 9.17% (7) Bps Depreciation 237 196 20.9% Finance Cost 160 190 (15.8)% Other
Slide 16: Segmental Breakup - Consolidated
SEGMENTAL BREAKUP- CONSOLIDATED ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) 5,000 4,689 1,500 R 10,800 9,386 4,234 1,257 E 8,800 4,000 1,300 6,851 1,099 V 6,800 3,000 1,100 E 900 4,800 2,000 N U 2,800 1,000 700 E 800 0 500 FY19 FY20 FY19 FY20 FY19 FY20 770 FY19 FY20 800 850 73
Slide 17: Consolidated Balance Sheet (IND-AS)
CONSOLIDATED BALANCE SHEET (IND-AS) PARTICULARS (INR MN) FY20 FY19 PARTICULARS (INR MN) FY20 FY19 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 142 142 (A) Property, Plant and Equipment 1,697 1,507 (B) Other Equity 3,489 2,458 (B) Capital Work-in-progress 179 123 E
Slide 18: Financials - Consolidated
FINANCIALS - CONSOLIDATED REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) GROWTH GROWTH GROWTH 14,798 940 11,623 27% 26% 43% 1,346 1,066 659 FY19 FY20 FY19 FY20 FY19 FY20 NET DEBT/ EQUITY ROE and ROCE WORKING CAPITAL DAYS FY19 FY20 55 25.3% 25.9% 44 (0.7) 24.5% 23.3% (0.8) FY19 FY20 ROE ROC
Slide 19: Market Data (Bloomberg – ION IN, Reuters – IONX.BO)
Market Data (Bloomberg – ION IN, Reuters – IONX.BO) 1 YEAR SHARE PRICE MOVEMENT (UPTO 31st MARCH, 2020) 200% 150% 100% 50% 0% -50% Apr/19 May/19 Jun/19 Jul/19 Aug/19 Sep/19 Oct/19 Nov/19 Dec/19 Jan/20 Feb/20 Mar/20 Ion Sensex PRICE DATA (AS ON 31st MARCH, 2020) SHAREHOLDING PATTERN (AS ON 31st MARCH
Slide 20: Disclaimer
Disclaimer Ion Exchange (India) Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all e
Slide 21: Thank You
THANK YOU
Ion Exchange (India) — Q4 FY2020 Earnings Presentation on 6ix