Filatex India Ltd · NSE:FILATEX
Filatex India — Q4 FY22 Earnings Presentation
29 slides from Filatex India's earnings presentation, May 31, 2022
Slide 1: Filatex India Limited Stock Exchange Intimation Letter
FILATEX INDIA LIMITED C IN N o .L 1 7 1 1 9 D N 1 9 9 0 P L C 0 0 0 0 9 1 FIL/SE/2022-23/12 31st May, 2022 National Stock Exchange of India Limited BSE Limited Listing Department Listing Department 5th Floor, Exchange Plaza, C -l, Block-G, 25th Floor, Pheroze Jeejeebhoy Towers Bandra-Kurla Complex,
Slide 2: Investor Presentation May 2022 | Q4 FY22
Investor Presentation May 2022 | Q4 FY22 FILATEX INDIA LIMITED
Slide 3: Inside this presentation
Q4 FY22 // INVESTOR PRESENTATION Inside this presentation 03 | Company Overview 20 | Milestones 04 | FY22 Highlights 22 | Production Capacities 06 | Annual Financials 23 | Product Portfolio 11 | Quarterly Financials 25 | Global Presence 15 | Growth Drivers 26 | ESG 18 | The Polyester Advantage FILAT
Slide 4: Company Overview
Q4 FY22 // INVESTOR PRESENTATION Company Overview Filatex India Limited is among the country’s leading Driven by capable leadership, the Company remains manufacturers of Polyester Filament Yarn focused on focused on increasing capacities, widening its reach, capitalising synergies created through it
Slide 5: FY22 Highlights
Q4 FY22 // INVESTOR PRESENTATION FY22 Highlights 0.33 32.76% Debt-Equity Ratio Return on Equity (RoE) 6.67 31.18% Debt Service Return on Capital Coverage Ratio Employed (RoCE) (DSCR) FILATEX INDIA LIMITED 4
Slide 6: Key Message
Q4 FY22 // INVESTOR PRESENTATION Key Message We are pleased to announce that the company has delivered substantial growth in FY22 as compared to FY21. We achieved an EBIDTA of INR 531.1 crores, profit before tax of INR 458.5 crores and profit after tax of INR 302.7 crores in FY22 which are all new h
Slide 7: Annual Results (Y-o-Y)
Q4 FY22 // INVESTOR PRESENTATION Annual Results (Y-o-Y) REVENUE FROM OPERATIONS EBIDTA (INR in crore) (INR in crore) FY22 3828.09 FY22 531.1 FY21 2227.15 FY21 347.34 PBT PAT (INR in crore) (INR in crore) FY22 458.59 FY22 302.72 FY21 239.63 FY21 165.83 FILATEX INDIA LIMITED 6
Slide 8: Annual Production & Sales (Y-o-Y)
Q4 FY22 // INVESTOR PRESENTATION Annual Production & Sales (Y-o-Y) TOTAL PRODUCTION TOTAL SALES (MTPA) (MTPA) 3,41,480 3,40,665 12,080 12,119 2,58,693 2,59,905 11,920 12,598 2,46,773 3,29,400 2,47,307 3,28,546 FY21 FY22 FY21 FY22 Yarns Volume (MTPA) Chips Volume (MTPA) FILATEX INDIA LIMITED 7
Slide 9: Profit & Loss | FY22
Q4 FY22 // INVESTOR PRESENTATION Profit & Loss | FY22 (INR crores) FY22 FY21 YoY Growth Net Revenue from operations (Net of Taxes) 3828.09 2227.15 71.88% Other income 25.23 9.46 166.71% Total Revenue 3853.32 2236.61 72.28% Total Expenses 3396.37 1996.98 70.08% Cost of materials consumed 2894.00 1602
Slide 10: Balance Sheet | FY22
Q4 FY22 // INVESTOR PRESENTATION Balance Sheet | FY22 (INR in Crore) FY 2021-22 FY 2020-21 (INR in Crore) FY 2021-22 FY 2020-21 Non-Current Assets 1,304.18 1,274.65 EQUITY 1,085.46 762.46 Property, plant and equipment 1,207.59 1,094.37 Equity Share capital 45.05 44.16 Capital work-in-progress 41.43
Slide 11: Our Growth
Q4 FY22 // INVESTOR PRESENTATION Our Growth PBT 55.29% CAGR NET REVENUE 20.06% (INR in crore) (INR in crore) 458.6 500 450 400 3,828.09 350 300 239.6 2,874.10 2,782.07 250 2,227.15 200 1,927.59 128.6 122.0 1,551.01 150 92.7 1,278.23 100 55.2 50 32.7 0 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY16 FY17 FY1
Slide 12: Operational Performance
Q4 FY22 // INVESTOR PRESENTATION Operational Performance TOTAL PRODUCTION (MTPA) TOTAL SALES (MTPA) 3,41,480 3,32,185 12,080 26,657 3,40,666 2,79,595 3,23,545 12,119 2,58,693 32,054 28,032 11,920 2,81,857 2,21,422 2,59,905 32,420 12,598 33,559 2,19,167 3,29,400 31,758 3,05,528 3,28,547 2,47,541 2,46
Slide 13: Quarterly Results (Q-o-Q)
Q4 FY22 // INVESTOR PRESENTATION Quarterly Results (Q-o-Q) REVENUE FROM OPERATIONS EBIDTA (INR in crore) (INR in crore) Q4 FY22 1090.01 Q4 FY22 145.62 Q3 FY22 1074.22 Q3 FY22 159.18 PBT PAT (INR in crore) (INR in crore) Q4 FY22 123.63 Q4 FY22 78.55 Q3 FY22 147.63 Q3 FY22 98.25 FILATEX INDIA LIMITED
Slide 14: Quarterly Results (Y-o-Y)
Q4 FY22 // INVESTOR PRESENTATION Quarterly Results (Y-o-Y) REVENUE FROM OPERATIONS EBIDTA (INR in crore) (INR in crore) Q4 FY22 1090.01 Q4 FY22 145.62 Q4 FY21 852.76 Q4 FY21 188.71 PBT PAT (INR in crore) (INR in crore) Q4 FY22 123.63 Q4 FY22 78.55 Q4 FY21 173.05 Q4 FY21 118.39 FILATEX INDIA LIMITED
Slide 15: Quarterly Production & Sales (Q-o-Q & Y-o-Y)
Q4 FY22 // INVESTOR PRESENTATION Quarterly Production & Sales (Q-o-Q & Y-o-Y) TOTAL PRODUCTION TOTAL SALES (MTPA) (MTPA) 90,398 92,509 86,336 88,268 83,906 865 3,448 708 3,460 2,876 77,698 2,162 81,030 85,628 84,808 75,536 89,533 89,061 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Yarns Volume (M
Slide 16: Profit & Loss | Q4 FY22
Q4 FY22 // INVESTOR PRESENTATION Profit & Loss | Q4 FY22 (INR crores) Q4 FY22 Q3 FY22 QoQ Growth Q4 FY21 YoY Growth Net Revenue from operations (Net of Taxes) 1090.01 1074.22 1.47% 852.76 27.82% Other income 2.93 12.96 (77.39)% 5.40 (45.71)% Total Revenue 1092.94 1087.18 0.53% 858.16 27.36% Total Ex
Slide 17: Policy Initiatives
Q4 FY22 // INVESTOR PRESENTATION Policy Initiatives The Government of India has taken several strategic steps to boost the manufacturing of man-made fibres in India MANMADE FIBRES CONTRIBUTION Introduced a minimum value addition Included synthetic TOTAL FIBRES CONSUMPTION norm of 35% on textile prod
Slide 18: Strategic Way Forward
Q4 FY22 // INVESTOR PRESENTATION Strategic Way Forward RECYCLED POLYESTER DEBOTTLENECKING CAPACITY GROWTH THROUGH VALUE ADDITION Increased awareness in customers towards environment The company has discovered a new opportunity for The company has focused on improving its value-added & sustainability
Slide 19: Growth through Value Addition
Q4 FY22 // INVESTOR PRESENTATION Growth through Value Addition The company has made a planned effort to steadily increase its product offering. It has focused on improving its value- added product portfolio in the last 5-6 years. The expansion in DTY and FDY capacities over the years has resulted in
Slide 20: Polyester- The preferred fibre
Q4 FY22 // INVESTOR PRESENTATION Polyester- The preferred fibre With the increase in fast fashion trends and the constant want to update one’s wardrobe with the latest style and design, polyester is the most preferred fibre and will continue to dominate its role in textiles in the future. Its unique
Slide 21: World Fibre Production (2008-2018)
Q4 FY22 // INVESTOR PRESENTATION World Fibre Production (2008-2018) PRODUCTION CAPACITY (in 1000 MT) CONTRIBUTION TO FIBRE GROWTH IN THE LAST DECADE Particulars 2008 % 2018 % CAGR Growth NATURAL FIBRES Raw Cotton 23,584 31.40 26,120 23.47 1.03 2,536 Other Natural Fibres 6,971 9.28 6,084 5.47 (1.35)
Slide 22: Our Journey
Q4 FY22 // INVESTOR PRESENTATION Our Journey 1994 1998 2012 Commenced Added manufacturing of Set-up of Poly-Condensation production of Mono Poly polypropylene yarns plant of 600 TPD capacity Filament yarns at Noida at Dadra Plant along with 250 TPD Spinning of POY and balance 350 TPD of Chips at Dah
Slide 23: Our Journey
Q4 FY22 // INVESTOR PRESENTATION Our Journey 2018 2020 Added Bright Polymerization Completed DTY expansion capacity of 300 TPD for spinning, project in August. Added a 190 TPD of FDY, 25 TPD of POY, cumulative 1.4 MW of and balanced 85 TPD of Bright renewable energy rooftop solar Chips at Dahej powe
Slide 24: Production Capacities
Q4 FY22 // INVESTOR PRESENTATION Production Capacities 2022 PRODUCTION CAPACITIES FY22 (in MTPA) Particulars Production Captive Use Net Capacity Polyester Chips 97,200 36,000 61,200 Polyester POY 1,94,400 1,56,600 37,800 Polyester FDY 1,22,400 720 1,21,680 Polyester DTY 1,56,600 1,440 1,55,160 Polyp
Slide 25: Our Products
Q4 FY22 // INVESTOR PRESENTATION Our Products Production in FY22 Specialty Products (in MT) 1. Filigree Used in sheer curtains, shirting, suiting, scarves etc 2. Ocean Used in fancy knitwear, sheer curtains, frills for dresses 3. Chubby Yarn 0.5 Used in fancy knitwear, tee shirts & upholstery Polyes
Slide 26: Catering to Diverse End-Users
Q4 FY22 // INVESTOR PRESENTATION Catering to Diverse End-Users Home Textiles Outdoor Clothing Wide-Range of Women Inner Industrial Use & Furnishings & Athleisure Apparels Wear Cases Polyester is being used Polyester is a fantastic Polyesters are widely used Textured Micro Deniers Polyester finds app
Slide 27: Global Presence
Q4 FY22 // INVESTOR PRESENTATION Global Presence ASIA 45+ Countries to which EUROPE 15% products are exported 09% ~25% AFRICA Drawn Texturizing Yarn (DTY) Production exported 09% NORTH AMERICA SOUTH AMERICA Rs. 353.6cr Revenue from Exports in 22% 45% FY22 FILATEX INDIA LIMITED 26
Slide 28: Responsible and Sustainable Growth
Q4 FY22 // INVESTOR PRESENTATION Responsible and Sustainable Growth At Filatex India Limited, Sustainability and environmental preservation are crucial and non-negotiable requirements. ENVIRONMENT SOCIAL GOVERNANCE Focus on environmental R&D to minimise Social Welfare activities Diverse and experien
Slide 29: Filatex India Limited
Q4 FY22 // INVESTOR PRESENTATION For more information, please contact Filatex India Limited BHAGERIA HOUSE, 43 Community Centre, New Friends Colony, New Delhi –110025 Ph: +91-11-26312503 Email: ir@filatex.com BSE: 526227 | NSE: FILATEX | ISIN: INE816B01027 | CIN: L17119DN1990PLC000091 W W W. F I L A