Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Investor Presentation (February 2019)
32 slides from Time Technoplast's investor presentation, February 2019
Slide 1: Investor Presentation – February 2019
Investor Presentation – February 2019
Slide 2: Index
Index 1. 2. 3. 4. Executive Company Business/ Financial Summary Overview Industry Overview Overview 2
Slide 3: Executive Summary
TIME, 1. Executive Summary
Slide 4: Executive Summary
Executive Summary • Time Technoplast Ltd. (TimeTech) is a Multinational conglomerate and one of the leading manufacturers of diversified range of polymer based products. • Since its inception in 1992, the company has set itself apart from its competition by focusing on research and development, Over
Slide 5: Company Overview
2. Company Overview 5
Slide 6: Time Techno at a Glance
Time Techno at a Glance 3 2 1 Largest producer of Market leader in 3rd largest 2nd largest Intermediate Bulk Largest large size plastic 8 out of 11 Composite Cylinder Range of drums worldwide countries Container (IBC) manufacturer manufacturer composite cylinder worldwide worldwide worldwide FY18 To
Slide 7: Product Portfolio: Established Brands and Products
Product Portfolio Established Brands Established Products Drums & Containers Jerry Cans Conipack Pails Mats DWC Pipes HDPE Pipes Disposal Bins Energy Storage Devices Fuel Tanks Rain Flaps Material Handling Duro Gel Value Added Composite Cylinders Composite IBCs MOX Films Products 7
Slide 8: Key Milestones
Key Milestones Expansion through a calculated mix of organic as well as inorganic growth 1992 - 2000 2001 - 2006 2007 - 2010 2011 - 2017 INR 1 Bn INR 5 Bn INR 10 Bn INR 15 Bn INR 25 Bn 1999 2008 2010 2012 2016 • Incorporated Pvt. Ltd. • Launched Automotive • Got listed on NSE & BSE • Green field man
Slide 9: Management Team
Management Team Mr. Raghupathy Thyagarajan Mr. Naveen Jain Mr. Anil Jain Mr. Bharat Vageria Whole Time Director - Whole Time Director - Managing Director Whole Time Director - Finance Marketing Technical • Degrees in Science, Engineering • Degree in Commerce and a • Degree in Science and • Degree in
Slide 10: Geographical Presence
Geographical Presence Annual Installed Capacity India Overseas Total Plastic Products ( ‘000 MT) 181 68 249 IBC (‘000 Nos) 240 720 960 Jammu PE Pipes (‘000 MT) 53 - 53 Composite Cylinders (‘ 000 Nos) 1,400 - 1,400 Baddi MOX Films (MT) 12,000 - 12,000 Pant Nagar Bhuj INDIA Ahmedabad Egypt Bahrain Tai
Slide 11: Global Marquee Customers
Global Marquee Customers TIMET ADITYA BIRLA @ Cadila © Cardolite Healthcare Limited ; as ExxonMobil FUCHS (96) é C Y 4 HUNTSMAN / FY WG. oe comm @& 2 | ESP. uns . J xf Ashland 9 >a ASHOK LEYLAND, AkzoNobel Cargill oes) CYTEC <> Technologies IDEMITSU IndianOil ‘LIFESCIENCES Momi t ‘@\ Nestle —_— DU L
Slide 12: Research and Development
Research and Development Dedicated team of more than 30 people for Research Product Re-engineering: Continuous efforts towards and development. reduction in material and energy consumption. 1% of the total turnover spending on research and Process Re-engineering: Making processes more energy 1% deve
Slide 13: Business/Industry Overview
3. Business/Industry Overview 13
Slide 14: Established Products
ESTABLISHED PRODUCTS TIME
Slide 15: Established Products - Industrial Packaging
Established Products - Industrial Packaging • TimeTech produces Polymer drums / barrels, Jerry cans and Pails for varied packaging requirements. • The Company uses technologies of polymer processing such as blow moulding, injection moulding and extrusion to produce a wide range of products. • These
Slide 16: Industrial Packaging Industry – Market & Development
Industrial Packaging Industry – Market & Development Market • The global market for industrial packaging is estimated to be around $52 Bn and is forecasted to reach $61 Bn by 2020 clocking a growth rate of 3.4% per annum GLOBAL IP MARKET % SHARE BY • China, India and other APAC countries will contin
Slide 17: Established Products - Infrastructure
Established Products - Infrastructure High Density Polyethylene (HDPE) Pipes & Double Wall Corrugated (DWC) Pipes • HDPE pipes are capable of handling semi-solid & • Double layer Pipe with outer layer having • TimeTech manufactures valve-regulated lead- gaseous effluents and has unmatched resistance
Slide 18: Established Products - Technical & Lifestyle
Established Products - Technical & Lifestyle Turf & Matting Disposal Bins Auto Components • TimeTech is one of the leading players in the matting • Rain flaps consists of unique surface formed by segment. TTL has been delivering value for money • Disposal Bins a necessity for hygienic life and multi
Slide 19: Value Added Products
VALUE ADDED PRODUCTS TIME
Slide 20: Value Added Products – Intermediate Bulk Containers - IBC
Value Added Products – Intermediate Bulk Containers - IBC • Range: 1,000 Ltr capacity • Capacity: 2.4 Lakh units p.a. in India and 7.2 Lakh units p.a. overseas • Users: Petrochemicals, Foods, Solvents, etc. • Features: Space Efficiency, Eliminate Waste, Durability and Eco-friendly. • Opportunity: o
Slide 21: Value Added Products - Composite Cylinders
Value Added Products - Composite Cylinders • Range: 2kg – 22 kg capacity (largest in the world) • Capacity: 1.4 Mn units p.a. • Users: Household, Industrial, Trawlers, Caravans, BBQ, Street Cooking, etc. • Features: Explosion Proof, Non-Corrosive, Light and Efficient, and Low Maintenance. • Opportun
Slide 22: Value Added Products – MOX Film
Value Added Products – MOX Film • Range: 35 to 320 GSM thickness • Capacity: 12,000 MT p.a. • Industry: Agriculture, Infrastructure, Packaging, Commercial Vehicles and many more • Features: Tear/Puncture Resistant, 100% Waterproof, Weathering Resistant, UV Resistant, and Chemical Resistant. • Opport
Slide 23: Financial Overview
4. Financial Overview TIME 23
Slide 24: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products Value Added Products Revenue & EBITDA Margins (%)* Revenue & EBITDA Margins (%)* 6,000 18.61% 21.00% 30,000 15.00% 14.18% 14.30% 14.30% 19.00% 25,000 14.50% 5,000 14.00% 17.00% 20,000 4,000 17.15% 17.60% 13.50% 15.00% 15,000 13.00
Slide 25: Polymer and Composite Products
Polymer and Composite Products Polymer Products* Composite Products** Revenue (INR Mn) & EBITDA Margins Revenue (INR Mn) & EBITDA Margins (%) 18,500 15.28% (%) 14.21% 16.00% 8,000 14.99% 14.48% 16.00% 16,500 14.00% 7,000 14.00% 14,500 12.00% 6,000 12.00% 12,500 5,000 10.00% 10.00% 10,500 8.00% 4,000
Slide 26: Consolidated Nine Months Financial Statement
Consolidated Nine Months Financial Statement Particulars (INR Mn) 9M-FY19 9M-FY18 Y-o-Y Total Income 24,825 21,611 14.9% Total Expenses 21,278 18,329 EBITDA 3,547 3,282 8.1% EBITDA Margin (%) 14.29% 15.19% (90) Bps Finance Cost (Net) 712 628 Depreciation 1,077 987 PBT 1,758 1,667 5.5% Tax 431 385 PA
Slide 27: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY16 FY17 FY18 Total Income 24,248 27,568 31,049 Total Expenses 20,748 23,504 26,297 EBITDA 3,500 4,064 4,752 EBITDA Margin (%) 14.43% 14.74% 15.30% Finance Cost(Net) 962 901 875 Depreciation 988 1,155 1,372 PBT 1,550 2,008 2,505 Tax 325
Slide 28: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY17 FY18 H1-FY19 Particulars (INR Mn) FY17 FY18 H1-FY19 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 226 Non-Current Assets Other Equity 13,039 14,605 15,188 Fixed Assets Total Shareholder's Fund 13,265 14,831 15,414 Tangible
Slide 29: Consolidated Financials
Consolidated Financials Total Income (INR Mn) EBITDA (INR Mn) 23,609 PAT (INR Mn) 27,568 31,049 3,433 4,064 4,752 1,172 1,471 1,804 FY16# FY17 FY18 FY16# FY17 FY18 FY16# FY17 FY18 Total Debt To Equity EPS (INR) ROCE % (X) 13.51% 14.68% 15.71% 6.90 7.98 0.64 0.54 0.52 5.64 FY16 FY17 FY18 FY16 FY17 FY
Slide 30: Capital Market Information
Capital Market Information Shareholding Pattern As On 31st December, 2018 Price Data (31st December, 2018) Public 11% Face Value (INR) 1.0 Mutual Funds Market Price (INR) 100.85 9% 52 Week H/L (INR) 232.6/93.0 Market Cap (INR Mn) 22,806.9 Promoter Equity Shares Outstanding (Mn) 226.1 51% FII & Forei
Slide 31: Disclaimer
Disclaimer Time Technoplast Ltd. 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 events n
Slide 32: Thank You
TIME THANK YOU
Time Technoplast — Investor Presentation (February 2019) on 6ix