Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q4 FY2020 Earnings Presentation
14 slides from Time Technoplast's earnings presentation, June 2020
Slide 1: Earnings Presentation FY20 / Q4-FY20
Earnings Presentation FY20/ Q4-FY20 June 2020 BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 ©2020, Time Technoplast Ltd., All Rights Reserved
Slide 2: Time Techno at a Glance
Time Techno at a Glance Revenues by Product Category (FY20) FY20 Financial Highlights REVENUES EBITDA PAT ₹35,803Mn ₹5,011 Mn ₹1,691Mn 0.4% (4.9)% (16.6)% 3% Worldwide Ranking Packaging 4% Batteries Plastic Drums, Jerry cans, Pails 5% Largest 2nd Largest 3rd Largest 60% Large size Plastic Drums Comp
Slide 3: Business Mix
Time Technoplast Business Mix Time Technoplast Limited (Time Tech) is Established Products Value-Added Products a multinational company and one of the leading manufacturer of technology based polymer and composite products Industrial Packaging Infrastructure Technical & Lifestyle Intermediate Comp
Slide 4: Product Portfolio
Product Portfolio Revenue Share – FY20 Brand Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Devices Product Established Products Established Products Brand Rain Flaps Fuel Tanks Mats 81% Product 19% Value-Added Products Brand Value-Added Composite Products Product C
Slide 5: Q4-FY20 Key Financial Highlights (Consolidated)
Q4-FY20 Key Financial Highlights (Consolidated) Particulars (INR Mn) Q4-FY20 Q4-FY19 Y-o-Y Growth Total Income 9,171 10,844 (15.4) % EBITDA 1,191 1,720 (30.8) % EBITDA Margins(%) 12.99% 15.86% (287) Bps PAT 383 737 (48.0) % PAT Margins(%) 4.18% 6.79% (261) Bps Cash Profit 773 1,142 (32.3) % Volume G
Slide 6: FY20 Key Financial Highlights (Consolidated)
FY20 Key Financial Highlights (Consolidated) Particulars (INR Mn) FY20 FY19 Y-o-Y Growth Total Income 35,803 35,670 0.4 % EBITDA 5,011 5,267 (4.9) % EBITDA Margins(%) 14.00% 14.77% (77) Bps PAT 1,691 2,027 (16.6) % PAT Margins(%) 4.72% 5.68% (96) Bps Cash Profit 3,312 3,546 (6.6) % Volume Growth 4%
Slide 7: FY20 Highlights
FY20 Highlights Revenue Share- FY20 Value 0.4% (4.9)% Added 35,670 35,803 5,267 5,011 Products 19% YoY Growth YoY Growth Established Products 81% FY19 FY20 FY19 FY20 Revenue growth achieved: 0.4 % (India: (0.2)%; Overseas: 2%) Volume growth achieved: 4% (India: 4%; Overseas: 5%) In FY20 India
Slide 8: FY20 Operational Highlights
FY20 Operational Highlights • Capacity utilization: Overall 80% (India – 82%; Overseas – 75%) • Total capex in FY20: INR 1,454 Mn Established Products for capacity expansion, re-engineering and automation: INR 944 Mn Value Added Products: INR 510 Mn Pipes • Healthy Order Book continues in our PE Pip
Slide 9: Polymer and Composite Products
Polymer and Composite Products Polymer Products* Composite Products** Revenue Share 0.34% 0.46% Revenue Share- FY19 25,388 10,367 25,303 10,415 YoY Growth YoY Growth Composite Products, EBITDA EBITDA 29.06% 14.65% EBITDA 15.05% EBITDA 13.88% 14.27% Polymer Products, 70.94% Revenue Share- FY20 Compos
Slide 10: Consolidated Financials Highlights
Consolidated Financials Highlights Total Income (₹ Mn) EBITDA (₹ Mn) PAT (₹ Mn) 35,670 35,803 5,267 5,011 2,027 4,752 1,804 1,691 31,049 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 Total Debt To Equity (X) EPS (₹) ROCE % 0.52 8.96 15.7% 16.0% 7.98 0.50 7.46 13.4% 0.46 FY18 FY19 FY20 FY18 FY19 FY20
Slide 11: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY19 FY18 Total Income 35,803 35,670 31,049 Total Expenses 30,792 30,403 26,297 EBITDA 5,011 5,267 4,752 EBITDA Margin (%) 14.00% 14.77% 15.30% Finance Cost(Net) 1,082 986 875 Depreciation 1,562 1,461 1,372 PBT 2,367 2,820 2,505 Tax
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY20 FY19 Particulars (INR Mn) FY20 FY19 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 Non-Current Assets Other Equity 17,925 16,466 Fixed Assets Total Shareholder's Fund 18,151 16,692 Property, Plant & Equipment 12,857 12,785 M
Slide 13: Capital Market Information
Capital Market Information Marquee Investors as on 31st March, 2020 (% of Total Equity) Public NT Asian Discovery Fund 15.1 13% Mutual Funds HDFC Trustee 9.0 11% Promoter 51% Kapitalforeningen Investin Pro - Dalton 3.8 25% Grandeur Peak 3.6 FIIs. & Foreign Companies Reliance Capital Trustee Co. Ltd.
Slide 14: For further information, please contact
For further information, please contact: Mr. Hemant Soni Mr. Anuj Sonpal Head- Legal & Company Secretary Valorem Advisors +91 22 7111 9294 +91 22 4903 9500 hemant.soni@timetechnoplast.com time@valoremadvisors.com © 2020 Time Technoplast Limited, All Rights Reserved. “Time Technoplast” and The Time T