Fineotex Chemical Limited · NSE:FCL
Fineotex Chemical — Q1 FY2022 Earnings Presentation
23 slides from Fineotex Chemical's earnings presentation, July 2021
Slide 1: Fineotex Chemical Limited Q1 FY2022 Earnings Presentation
Fineotex Chemical Limited (BSE: 533333; NSE: FCL) Q1 FY2022 Earnings Presentation Drilling Specialties Textile Specialties Home Care and Hygiene Specialties Other Specialties
Slide 2: Q1 FY2022 Consolidated Financial Highlights
Q1 FY2022 Consolidated Financial Highlights Surendrakumar Tibrewala Chairman and Managing Director Rs 632.8 mn Rs 98.2 mn Rs 96.9 mn Total Revenue EBITDA Net Profit “Fineotex Chemical continued to deliver a robust financial performance during the year with topline growth of over 100% from the first
Slide 3: Upcoming Facility at Ambernath, Maharashtra
Upcoming Facility at Ambernath, Maharashtra About the Facility ➢ Located on ~4 acres of land ➢ The first phase is expected to be commissioned in September 2021. Equipment and machinery is currently being installed ➢ Proposed deployment of Rs. 270 million out of which Rs. 200 million has been deploye
Slide 4: Strategic Partnerships
Strategic Partnerships Joint venture with HealthGuard, Australia to become Setting up a state of art Research & Development the exclusive global marketing and sales channel centre in collaboration with Sasmira Institute, one of partner with joint operations from Malaysia India’s premier textile inst
Slide 5: Investment Case
Investment Case • Consolidated revenues from operations Q1 FY22 of Rs. 633 mn, up 108.2% YoY • Consolidated EBITDA from operations Q1 FY22 of Rs. 98 mn, up 138.8% YoY Financial Performance • Consolidated profit after tax Q1 FY22 Rs. 97 mn, up 18.2% YoY • EBITDA Margins of 15.5% and has expanded 200
Slide 6: Q1 FY2022 Performance Trend
Q1 FY2022 Performance Trend Figures in Rs. Mn. Consolidated Performance Standalone Performance Revenue from Operations EBITDA Revenue from Operations EBITDA 633 98 413 67 304 41 104 19 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Profit Before Tax Profit After Tax Profit B
Slide 7: Consolidated P&L Summary: Q1 FY2022
Consolidated P&L Summary: Q1 FY2022 (Rs. Million) Q1 FY 22 Q1 FY 21 YoY% FY 21 FY 20 YoY% Revenue from Operations 632.8 303.9 108.2% 2,185.1 1,963.4 11.3% COGS 413.1 209.7 97.0% 1,405.7 1,231.4 14.2% Gross Profit 219.7 94.2 133.3% 779.3 731.9 6.5% Gross Profit Margin 34.7% 31.0% 35.7% 37.3% Employee
Slide 8: Strategic Direction
Strategic Direction Leverage Fineotex’s industry insights and long standing customer relationships with Biotex’s high end product expertise and regional positioning to serve global customers Fineotex+ Biotex Synergies Upcoming brownfield facility at Ambernath, Maharashtra to be future ready for next
Slide 9: Synergistic Business Model
Synergistic Business Model Fineotex - India Biotex - Malaysia • Diverse product portfolio (400+ categories) • Niche product portfolio (50+ categories) across business segments Overview • High end super speciality textile chemical • Applications primarily across the entire textile applications value
Slide 10: Manufacturing Platforms (GMP Certified)
Manufacturing Platforms (GMP* Certified) Location Operating Facts Strategic Advantages Manufacturing Excellence • Total Production • Strategically located plant near key Capacity: 36,500 MT port close to Mumbai with • Current Utilisation: 56% logistical advantage to textile hubs across North, West,
Slide 11: Focus on Growth and Diversification
Focus on Growth and Diversification Home Care and Hygiene Chemicals Drilling Speciality Chemicals Other Speciality Chemicals • Customised solutions for: • Customised solutions for Oil and Gas • A unique ‘Mosquito Life Cycle Controller’ product ▪ Housekeeping, Kitchen Care and Disinfectants • Signifi
Slide 12: Home Care and Hygiene Division
Home Care and Hygiene Division Diversified Product Offering • Air freshener • Hygienic hard surface Housekeeping • Carpet cleaner cleaner • Carpet shampoo • Multi surface cleaner • Deodorizers • Surface cleaner cum • Floor cleaner disinfectant • Furniture maintainer • Toilet bowl cleaner • Glass cle
Slide 13: Specialty Textile Chemicals Overview
Specialty Textile Chemicals Overview Steps Weaving Pre-treatment Dyeing Printing Finishing De-sizing, Dyeing, Rotary Exhaust Process Sizing Scouring, Washing, Printing, Padding Bleach Fixing Table Printing Enzymes, Dyes, Acids, Dyes, Binder Softeners, Wetting & Alkali Thickener, Fixer Product Polyme
Slide 14: New Product Offerings from Biotex
New Product Offerings from Biotex ‘The Bioguard Series’ of products from Biotex with water and oil repellent features in great demand post outbreak of COVID-19 14
Slide 15: Global Customer Reach
Global Customer Reach • Sales in 60+ countries including Brazil, Bangladesh, Germany, Indonesia, Malaysia, Singapore, Syria, Thailand, USA, Venezuela and Vietnam • 30+ technical marketing experts • 100+ dealers in Indian and International markets FY21 Revenue Mix 57% 43% Facilities at Mahape and Amb
Slide 16: Consolidated Annual Performance Trend
Consolidated Annual Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 44.5% 40.3% 21.9% 21.0% 35.5% 37.3% 35.7% 19.0% 18.6% 17.4% 1,963 2,185 405 1,823 347 342 1,344 1,429 295 300 FY 17 FY 18 FY 19 FY 20 FY 21 FY 17 FY 18 FY 19 FY 20 FY 21 PBT and PBT Margin
Slide 17: Consolidated Balance Sheet and Return Ratios Trend
Consolidated Balance Sheet and Return Ratios Trend (Rs Mn) Mar-20 Sep-20 Mar-21 Cash Flow from Operations /EBITDA (%) ST Debt 28 30 34 LT Debt 0 0 0 88% Total Debt 28 30 34 83% Cash & Cash Equivalent 179 314 339 65% Net Cash 151 284 305 Equity 1,760 1,939 2,161 35% Total debt/Equity 0.02x 0.02x 0.02
Slide 18: ESG Profile: Environment Highlights
ESG Profile Environment Highlights Fineotex is accredited with “Fineotex Chemical Limited makes effort to respect, protect, and make efforts to restore the environment. FCL is ISO 9001:2015, ISO committed to ensuring clean environment beyond satisfying all stipulated requirement laid down by the sta
Slide 19: ESG Profile: Social Highlights
ESG Profile Social Highlights Fineotex is accredited “We consider our employees as our most valuable asset and have been working towards keeping them engaged and with inspired. We provide equal opportunity to all our employees” Social Strategy in Place ISO 22000 and ISO 45001 “The Company has around
Slide 20: ESG Profile: Governance Highlights
ESG Profile Governance Highlights The Board comprises of “The Company’s philosophy on Corporate Governance relates to creating an organization intended to maximize the wealth qualified members who of shareholders, establish productive and lasting relationships with all shareholders with the emphasis
Slide 21: ESG Accreditations
ESG Accreditations Key ESG Facts Certificates Bhive certified ISO 9001 ISO 14001 ISO 14045* ISO 45001 Blue Sign certified ISO 20000* SA 8000 OHSAS18001 Global Organic Textile Standard (GOTS) certified Hazard Analysis Critical Control Point (HACCP) Certification New Accreditations Indian Green Buildi
Slide 22: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Fineotex Chemical Limited (“Fineotex Chemical” or the Company) future bus
Slide 23: Fineotex Chemical Limited
Fineotex Chemical Limited FINEOTEX CHEMICAL LIMITED (CIN Number: L24100MH2004PLC144295) 42-43, Manorama Chambers, S. V. Road Bandra (West), Mumbai - 400 050, India Phone: (+91 - 22) 26559174 / 75, (+91 - 22) 26559176 / 77 Email: info@fineotex.com www.fineotex.com 23