Linde India Ltd. · NSE:LINDEINDIA
Linde India — FY2015 Earnings Presentation
13 slides from Linde India's earnings presentation, December 2015
Slide 1: Financial Results 2015
Financial Results 2015 Linde India Limited Moloy Banerjee, Managing Director 1
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements about Linde India Limited (“Linde”) and its respective businesses. These include, without limitation, those concerning the strategy of Linde‘s, future growth potential of markets and products, profitability in specific areas, the futur
Slide 3: Executive Summary - 2015
Executive Summary - 2015 Highlights Lowlights Safety : Safety continues to remain a key Over capacity in global steel industry: focus area across all the businesses Subdued domestic demand and cheap import of steel adversely affected the domestic Interest : Cost of borrowings lower by 80 bps steel p
Slide 4: Performance – Year ended 2015
Performance – Year ended 2015 2014 2015 Var. Net Revenue [RsM] 14,707 15,541 +6% ` EBITDA* [RsM] 2,878 2,615 -9% Return on sales (ROS) [%] 19.6% 16.8% -280bps EBIT* [RsM] 1,064 999 -6% PBT * [RsM] 36 101 +181% PAT [RsM] 54 235 +335% EPS reported [Rs] 0.63 2.75 +336% — EBITDA of 2014 benefitted from
Slide 5: Revenue & EBITDA by divisions – Year ended 2015
Revenue & EBITDA by divisions – Year ended 2015 Revenue 6% [RsM] [RsM] EBITDA -9% 15,541 2,878 14,707 1,857 -3% 2,615 1,909 642 3,503 445 -31% 3,878 756 727 13,683 +7% 12,798 2,236 2,169 -3% 9,256 10,519 1,945 1,338 2014 2015 2014 2015 Projects (Engineering) Gases and related products Projects (Engi
Slide 6: Performance – Q4 2015
Performance – Q4 2015 Q4 2014 Q4 2015 Var. Net Revenue [RsM] 4,015 4,189 +4% EBITDA [RsM] 947 708 -25% Return on sales (ROS) [%] 23.6% 16.9% -670bps EBIT [RsM] 395 280 -29% PBT [RsM] 130 57 -56% PAT [RsM] 65 48 -26% EPS reported [Rs] 0.78 0.56 -28% — Growth in revenue reflects growth in packaged gas
Slide 7: Revenue & Operating Profit by Divisions – Q4 2015
Revenue & Operating Profit by Divisions – Q4 2015 Revenue 4% [RsM] [RsM] EBITDA -25% 4,189 947 4,015 515 581 +13% 232 3,503 708 3,878 756 130 -44% 727 3,499 3,608 +3% 715 9,256 10,519 578 1,945-19% 1,338 Q4 2014 Q4 2015 Q4 2014 Q4 2015 Projects (Engineering) Gases and related products Projects (Engi
Slide 8: Outlook
Outlook — Air separation units with production capacity of 2 X 1,000 tonnes per day (tpd) at Tata Steel in Kalinganagar, Odisha are under commissioning. Expected to be on-stream in next 1-2 months time — Company’s Project Engineering Division realised order intake of 4,074 MINR in 2015 including an
Slide 9: Appendix
THE LINDE GROUP Appendix
Slide 10: Linde India – 2015 Key balance sheet items
Linde India – 2015 Key balance sheet items [RsM] 2014 2015 ∆ Shareholders’ Funds 13,892 13,926 -0.2% Non-current liabilities 15,939 17,957 -13% Long-term borrowings 11,024 13,383 -21% Current Liabilities 8,964 4,759 +47% Total Equities and Liabilities 38,795 36,642 +6% Non-current assets 32,582 30,9
Slide 11: Linde India – Q4 2015 Key P&L items
Linde India – Q4 2015 Key P&L items [RsM] Q4 2014 Q4 2015 ∆ Revenue 4,015 4,189 +4% Other Income 196 52 -73% Total expenses 3,815 3,960 -4% EBIT 395 280 -29% EBIT margin [%] 9.8% 6.7% -310bps EBT 130 57 -56% Exceptional Item 0 0 0% Tax expense 64 9 +86% Net income 65 48 -26% EPS 0.78 0.56 -28% 11
Slide 12: Linde India – Year ended 2015 Key P&L items
Linde India – Year ended 2015 Key P&L items [RsM] 2014 2015 ∆ Revenue 14,707 15,541 +6% Other Income 314 443 +41% Total expenses 13,957 14,985 -7% Power and Fuel 1 6,154 7,469 +21% Freight 2 1,304 1,234 -5% Depreciation and amortisation (including impairment) 3 1,813 1,615 -11% EBIT 1,064 999
Slide 13: Contact
Contact Phone: +91 33 6602-1600 Email: pawan.marda@linde.com Internet: www.linde.in 13