Ion Exchange (india) Ltd. · NSE:IONEXCHANG
Ion Exchange (india) — Q1 FY20 Earnings Presentation
19 slides from Ion Exchange (india)'s earnings presentation, Aug 12, 2019
Slide 1: Submission of Analyst / Investor Presentation to BSE
8 ION EXCHANGE R~~~~Uvj t~ pfA,Mt August 12, 2019 To, BSE Limited The Corporate Relationship Dept. P.J. Towers, Dalal Street, Mumbai - 400 00 I BSE Company Code: 500214 Dear Sir/ Madam, Sub: Submission of Analyst I Investor Presentation Pursuant to Regulation 30(6) read with Part A of Schedule III o
Slide 2: Earnings Presentation Q1-FY20
EARNINGS PRESENTATION | Q1-FY20
Slide 3: Executive Summary
Executive Summary BUSINESS & REVENUE (%) MIX - OVERVIEW MARQUEE CLIENTS CONSOLIDATED • Ion Exchange (India) Ltd (Ion • Engineering (56%) – Provides • Industrial – NTPC, NPC, Reliance, Exchange), formed in 1964, is a comprehensive and integrated IOCL, JSW, CPCL, L&T, Essar group, pioneer in water, wa
Slide 4: Company Overview
Company Overview • Ion Exchange was originally formed as a subsidiary of Permutit, UK in 1964. REVENUE BREAK UP FY19* It became a wholly owned Indian company in 1985. The company is Consumer currently in its 55th Year of operations. Products 9% • The company has expanded its footprints globally and
Slide 5: Q1-FY20 Financial Highlights
Q1 - FY20 FINANCIAL HIGHLIGHTS Q1-FY20 Performance (Standalone): Q1-FY20 Performance (Consolidated): • Operating Income: INR 3,042 Mn • Operating Income: INR 3,211 Mn • Operating EBITDA: INR 218 Mn • Operating EBITDA: INR 232 Mn • Operating EBITDA Margins: 7.17% • Operating EBITDA Margins: 7.23%
Slide 6: Q1-FY20 Operational Highlights
Q1 - FY20 OPERATIONAL HIGHLIGHTS ENGINNERING Increase in sales and profitability on the back of healthy order backlog at the beginning of the year. Sri Lanka order execution is proceeding satisfactorily. Revenue recognition in the quarter is based on work progress. CHEMICALS Sustained demand i
Slide 7: Q1-FY20 Standalone Income Statement (IND AS)
Q1-FY20 – STANDALONE INCOME STATEMENT (IND AS) INCOME STATEMENT (INR MN) Q1-FY20 Q1-FY19 Y-o-Y Q4-FY19 Q-o-Q Operating Income 3,042 2,056 48.0% 4,181 (27.2)% Expenses 2,824 1,960 44.1% 3,677 (23.2)% Operating EBITDA 218 96 127.1% 504 (56.7)% Operating EBITDA Margins (%) 7.17% 4.67% 250 Bps 12.05% (4
Slide 8: Segmental Breakup - Quarterly Standalone
SEGMENTAL BREAKUP - QUARTERLY STANDALONE ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 2,200 1300 1,162 300 273 E 1,737 1,700 1100 V 900 846 250 229 E 1,200 1,075 700 N 200 700 500 U E 200 300 150 Q1-FY19 Q1-FY20 Q1-FY19 Q1-FY20 Q1-FY19 Q1-FY20 Q1-FY19 Q1-FY20 170 162 0 120 10
Slide 9: FY19 Standalone Income Statement (IND AS)
FY19 - STANDALONE INCOME STATEMENT(IND AS) INCOME STATEMENT (INR MN) FY18 FY19 Operating Income 9,943 11,023 Expenses 9,239 10,110 Operating EBITDA 704 913 Operating EBITDA Margins (%) 7.08% 8.28% Depreciation 119 181 Finance Cost 157 162 Other Income 300 441 PBT 728 1,011 Tax 250 345 Profit After T
Slide 10: Standalone Balance Sheet (As per IndAS)
Standalone Balance Sheet (As per IndAS) PARTICULARS (INR MN) FY18 FY19PARTICULARS (INR MN) FY18 FY19 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 147 147 (A) Property, Plant and Equipment 1,347 1,425 (B) Other Equity 2,987 3,597 (B) Capital Work-in-progress 66 123
Slide 11: Financials - Standalone
Financials - Standalone REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) 913 GROWTH 11,023 GROWTH GROWTH 666 704 11% 30% 39% 9,943 478 FY18 FY19 FY18 FY19 FY18 FY19 NET DEBT/EQUITY ROE and ROCE WORKING CAPITAL DAYS FY18 FY19 66 16.5% 54 13.5% 17.8% 15.2% (0.4) (0.6) FY18 FY19 FY18 FY19 ROE R
Slide 12: Q1-FY20 Consolidated Income Statement (IND AS)
Q1-FY20 – CONSOLIDATED INCOME STATEMENT (IND AS) INCOME STATEMENT (INR MN) Q1-FY20 Q1-FY19 Y-o-Y Q4-FY19 Q-o-Q Operating Income 3,211 2,284 40.6% 4,318 (25.6)% Expenses 2,979 2,165 37.6% 3,719 (19.9)% Operating EBITDA 232 119 95.0% 599 (61.3)% Operating EBITDA Margins (%) 7.23% 5.21% 202 Bps 13.87%
Slide 13: Segmental Breakup - Quarterly Consolidated
SEGMENTAL BREAKUP-QUARTERLY CONSOLIDATED ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 1,871 1300 1,196 300 274 E 1,800 1100 911 250 230 V 1,238 900 E 1,300 200 N 700 800 U 500 150 E 300 300 100 Q1-FY19 Q1-FY20 Q1-FY19 Q1-FY20 Q1-FY19 Q1-FY20 Q1-FY19 Q1-FY20 130 210 0 116 108
Slide 14: FY19 Consolidated Income Statement (As per IndAS)
FY19 - CONSOLIDATED INCOME STATEMENT(As per IndAS) INCOME STATEMENT (INR MN) FY18 FY19 Operating Income 10,549 11,623 Expenses 9,779 10,557 Operating EBITDA 770 1,066 Operating EBITDA Margins (%) 7.30% 9.17% Depreciation 131 196 Finance Cost 187 190 Other Income 211 333 PBT 663 1,013 Share of Profit
Slide 15: Consolidated Balance Sheet (As per IndAS)
Consolidated Balance Sheet (As per IndAS) PARTICULARS (INR MN) FY18 FY19 PARTICULARS (INR MN) FY18 FY19 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 142 142 (A) Property, Plant and Equipment 1,436 1,507 (B) Other Equity 1,859 2,458 (B) Capital Work-in-progress 66
Slide 16: Financials - Consolidated
Financials - Consolidated REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) 659 11,623 1,066 10,549 GROWTH GROWTH 770 GROWTH 10% 38% 65% 399 FY18 FY19 FY18 FY19 FY18 FY19 NET DEBT/ EQUITY ROE and ROCE WORKING CAPITAL DAYS 70 FY18 FY19 24.5% 18.3% 55 25.3% 19.9% (0.6) (0.8) FY18 FY19 FY18 FY19
Slide 17: Market Data (Bloomberg – ION IN, Reuters – IONX.BO)
Market Data (Bloomberg – ION IN, Reuters – IONX.BO) 1 YEAR SHARE PRICE MOVEMENT (UPTO 30th JUNE, 2019) 80% 60% 40% 20% 0% -20% Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Ion Sensex PRICE DATA (AS ON 30th JUNE, 2019) SHAREHOLDING PATTERN (AS ON 30th JUNE, 2019
Slide 18: 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 19: Thank You
@ ION EXCHANGE Refreshing the Planet