Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q3 FY2022 Earnings Presentation
25 slides from Time Technoplast's earnings presentation, Feb 12, 2022
Slide 1: Earning Presentation 9M / Q3 FY 2022
Earning Presentation 9M / Q3 FY 2022 BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 ©2022, Time Technoplast Ltd., All Rights Reserved
Slide 2: In Memoriam: Mr. Anil Jain
IN MEMORIAM A VISIONARY WHO SHAPED THE FUTURE. A KARAMYOGI WHOSE ACTIONS PERFORMED LOUDER THAN HIS WORDS. It is with deep sadness and heavy heart, we inform you about sudden demise of Mr. Anil Jain, Co- Founder & Managing Director of the Company on 6th February, 2022. Mr. Jain & his 3 other Co-Promo
Slide 3: Management Commentary
MANAGEMENT COMMENTARY “ Though COVID-19 re-emerged this quarter with the new Omicron variant, the Company continued to strengthen its market position and achieved sustained momentum and good growth across businesses. As India emerges as an increasingly significant global chemicals supply destination
Slide 4: Agenda
Agenda Quarter Company 01 02 03 Appendix Highlights Overview © 2022 Time Technoplast Limited, All Rights Reserved. 4
Slide 5: Quarter Highlights
01 Quarter Highlights © 2022 Time Technoplast Limited, All Rights Reserved. 5
Slide 6: Q3FY22 Financial Snapshot
Q3FY22 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 12.8% 20.9% YoY Growth YoY Growth Volume Growth (9% YoY) 8% 10% 14.3% 14.5% Revenue Growth (13% YoY) 13% 13% 9,427 13.5% 9,150 Revenue Contribution 70% 30% 3.0% 1,312 4.0% 1,365 8,354 1,129 EBITDA M
Slide 7: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 6,000 18.00% 14.4% 9,000 13.5% 14.7% 5,000 13.6% 11.4% 16.0% 6,450 4,000 6,000 5,789 YoY YoY 2,970 Revenue 3,000 2,559 Revenue Share Share 68.5% 2,000 31.5% 3,000 1,000 0
Slide 8: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products* Value Added Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 6,000 12,000 13.6% 12.8% 5,000 17.5% 9,000 9.9% 16.4% 18.00% 24.0% 4,000 7,251 YoY YoY 6,600 6,000 Revenue 3,000 Revenue Share 2,176 Share
Slide 9: 9MFY22 Financial Snapshot
9MFY22 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 27.1% 41.9% YoY Growth YoY Growth Volume Growth (22% YoY) 21% 24% 14.1% 26,124 Revenue Growth (27% YoY) 27% 28% 12.6% 20,553 Revenue Contribution 67% 33% 3,687 EBITDA Margin 14.2% 14.0% 2,597 PAT Ma
Slide 10: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 15,000 18.00% 24,000 14.0% 14,000 21,000 12.6% 13,000 14.4% 12,000 17,853 12.8% 18,000 25.5% 11,000 30.7% 10,000 YoY YoY 15,000 14,223 9,000 8,256 8,000 Revenue Revenue 12
Slide 11: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products* Value Added Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 30,000 7,500 17.1% 18.00% 15.6% 27,000 13.3% 6,500 24,000 11.8% 5,732 5,500 21,000 20,392 26.2% 30.6% YoY 4,389 YoY 4,500 18,000 16,164 15
Slide 12: Product Segment Wise Value and Volume Numbers
Product Segment Wise Value and Volume Numbers Value Volume YoY YoY Particulars 9MFY22 9MFY21 Growth Growth Unit 9MFY22 9MFY21 (₹ Mn) (₹ Mn) % % TURNOVER REGULAR BUSINESS Packaging (Excl. IBC Business ), Lifestyle , Auto , Batteries Business 18,954 14,991 26.4% M.T. 157,743 129,051 22.2% etc. PE Pipe
Slide 13: 9MFY22 Highlights
9MFY22 Highlights Total capex in 9MFY22 towards brownfield expansion, maintenance, re-engineering and automation ₹ 1,269 Mn. Established Products ₹ 583 Mn. Value Added Products ₹ 686 Mn. Capacity utilization: Overall 74% (India: 70%; Overseas: 79%) Continued focus on improving Working Capital cy
Slide 14: 9MFY22 Highlights
9MFY22 Highlights Mox Films Company innovating new applications of the MOX films and is launching new products in the market like Truck covers, Pond Liners, Mulching Film, Poly house Films and Films for Agricultural use. Continued focus on export markets of Thailand, Malaysia, Germany UK & USA.
Slide 15: 9MFY22 Highlights
9MFY22 Highlights Composite Cylinder- CNG application (on-board) During the month of May 2021, the Company has finally received approval from PESO and Bureau Veritas under ISO: 11439-2013 as applicable for manufacturing of Fully Wrapped Carbon Fibre Reinforced Type-IV Composite Cylinder for On Boa
Slide 16: Company Overview
02 Company Overview © 2022 Time Technoplast Limited, All Rights Reserved. 16
Slide 17: Time Technoplast
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 18: Innovative and Tech Oriented Products
Innovative and Tech Oriented Products Industrial Packaging Infrastructure Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Innovative Polymer Products Focus on Innovative & Tech Devices oriented polymer products and have several firsts to our credit- Auto Components a
Slide 19: Appendix
03 Appendix © 2022 Time Technoplast Limited, All Rights Reserved. 19
Slide 20: Consolidated Quarterly Income Statement
Consolidated Quarterly Income Statement Particulars (₹ Mn) Q3FY22 Q3FY21 9MFY22 9MFY21 FY21 Total Income 9,427 8,354 26,124 20,553 30,087 Total Expenses 8,062 7,225 22,437 17,956 26,178 EBITDA 1,365 1,129 3,687 2,597 3,909 EBITDA Margin (%) 14.5% 13.5% 14.1% 12.6% 13.0% Finance Cost (Net) 229 240 69
Slide 21: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (₹ Mn) H1FY22 FY21 FY20 Particulars (₹ Mn) H1FY22 FY21 FY20 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 226 Non-Current Assets Other Equity 19,437 18,803 17,925 Fixed Assets Total Shareholder's Fund 19,663 19,029 18,151 Prop
Slide 22: Historical Consolidated Cash Flow
Historical Consolidated Cash Flow Particulars (₹ Mn) H1FY22 FY21 FY20 Net cash flow from operating activities 1,108 2,570 3,012 Profit before tax & extraordinary items 1,081 1,422 2,367 Depreciation 776 1,510 1,562 Interest 464 977 1,082 Others 34 (25) 91 Working Capital Changes (1,035) (972) (1,466
Slide 23: Capital Market Information
Capital Market Information Marquee Investors as on 31st December 2021 (% of Total Equity) Promoter NT Asian Discovery Fund 14.5 51% HDFC Trustee 9.0 Grandeur Peak 2.3 19% Public Life Insurance Corporation of India 0.9 20% 10% Total Shareholders > 66,000 FIIs and Foreign Mutual Funds/ Companies Insur
Slide 24: Safe Harbour
SAFE HARBOUR Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
Slide 25: For further information, please contact
For further information, please contact: Mr. Digvijay Singh Rathore Mr. Siddesh Chawan Manager – Investor Relations Christensen Advisory +91 22 7111 9304 +91 22 4215 0210 digvijay.rathore@timetechnoplast.com schawan@christensenir.com © 2022 Time Technoplast Limited, All Rights Reserved. “Time Techno