Ion Exchange (india) Ltd. · NSE:IONEXCHANG

Ion Exchange (india) — Q2 FY2020 Earnings Presentation

23 slides from Ion Exchange (india)'s earnings presentation, Oct 31, 2019

  1. Slide 1: Submission of Analyst / Investor Presentation to BSE

    • 8 ION EXCHANGE Re1J~~~ t~ P~IU,t October 31 , 2019 To, BSE Limited The Corporate Relationship Dept. P.J. Towers, Dalal Street, Mumbai - 400 001 BSE Company Code: 500214 Dear Sir/ Madam, Sub: Submission of Analyst I Investor Presentation Pursuant to Regulation 30(6) read with Part A of Schedule III

  2. Slide 2: Earnings Presentation H1 / Q2-FY20

    • EARNINGS PRESENTATION | H1 / Q2-FY20 8 ION EXCHANGE R"6~ Uu,p~ 0 0 0

  3. Slide 3: Executive Summary

    Executive Summary BUSINESS & REVENUE (%) MIX - OVERVIEW MARQUEE CLIENTS CONSOLIDATED • Ion Exchange (India) Ltd (Ion • Engineering (56%) – Provides • Industrial – NTPC, NPC, Reliance, Exchange), formed in 1964, is a comprehensive and integrated IOCL, JSW, CPCL, L&T, Essar group, pioneer in water, wa

  4. Slide 4: Company Overview

    Company Overview • Ion Exchange was originally formed as a subsidiary of Permutit, UK in 1964. REVENUE BREAK UP FY19* It became a wholly owned Indian company in 1985. The company is Consumer currently in its 55th Year of operations. Products 9% • The company has expanded its footprints globally and

  5. Slide 5: H1 / Q2-FY20 Financial Highlights

    H1 / Q2-FY20 FINANCIAL HIGHLIGHTS  Q2-FY20 Performance (Standalone):  Q2-FY20 Performance (Consolidated): • Operating Income: INR 3,970 Mn • Operating Income: INR 4,094 Mn • Operating EBITDA: INR 296 Mn • Operating EBITDA: INR 329 Mn • Operating EBITDA Margins: 7.46% • Operating EBITDA Margins: 8.

  6. Slide 6: Q2-FY20 Operational Highlights

    Q2-FY20 OPERATIONAL HIGHLIGHTS ENGINNERING  Improvement in revenues and margins on the back of healthy order backlog at the beginning of the year.  Sri Lanka order execution is proceeding satisfactorily. Revenue recognition in the quarter has picked up pace based on work progress. CHEMICALS  Sust

  7. Slide 7: Q2-FY20 Standalone Income Statement (IND-AS)

    Q2-FY20 STANDALONE INCOME STATEMENT (IND-AS) INCOME STATEMENT (INR MN) Q2-FY20 Q2-FY19 Y-o-Y Q1-FY20 Q-o-Q Operating Income 3,970 2,288 73.5% 3,042 30.5% Expenses 3,674 2,165 69.7% 2,824 30.1% Operating EBITDA 296 123 140.7% 218 35.8% Operating EBITDA Margins (%) 7.46% 5.38% 208 Bps 7.17% 29 Bps Dep

  8. Slide 8: Segmental Breakup - Quarterly Standalone

    SEGMENTAL BREAKUP - QUARTERLY STANDALONE ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 1,300 350 337 3,200 2,683 1,113 E 1,100 979 2,700 300 V 2,200 267 900 E 1,700 250 1,180 700 N 1,200 500 200 U 700 E 200 300 150 Q2-FY19 Q2-FY20 Q2-FY19 Q2-FY20 Q2-FY19 Q2-FY20 Q2-FY19 Q2-FY2

  9. Slide 9: H1-FY20 Standalone Income Statement (IND-AS)

    H1-FY20 STANDALONE INCOME STATEMENT (IND-AS) INCOME STATEMENT (INR MN) H1-FY20 H1-FY19 Y-o-Y Operating Income 7,012 4,344 61.4% Expenses 6,497 4,126 57.5% Operating EBITDA 515 218 136.2% Operating EBITDA Margins (%) 7.34% 5.02% 232 Bps Depreciation 105 89 18.0% Finance Cost 65 81 (19.8)% Other Incom

  10. Slide 10: Segmental Breakup – Half Yearly Standalone

    SEGMENTAL BREAKUP – HALF YEARLY STANDALONE ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 2,800 650 611 4,420 2,275 E 4,500 2,300 550 496 V 3,500 1,825 1,800 450 E 2,500 2,256 1,300 350 N U 1,500 800 250 E 500 300 150 H1-FY19 H1-FY20 H1-FY19 H1-FY20 H1-FY19 H1-FY20 H1-FY19 H1-F

  11. Slide 11: Standalone Income Statement (IND AS)

    STANDALONE INCOME STATEMENT(IND AS) INCOME STATEMENT (INR MN) FY18 FY19 H1-FY20 Operating Income 9,943 11,023 7,012 Expenses 9,239 10,110 6,497 Operating EBITDA 704 913 515 Operating EBITDA Margins (%) 7.08% 8.28% 7.34% Depreciation 119 181 105 Finance Cost 157 162 65 Other Income 300 441 226 PBT 72

  12. Slide 12: Standalone Balance Sheet (As per IndAS)

    Standalone Balance Sheet (As per IndAS) PARTICULARS (INR MN) FY18 FY19 H1- FY20 PARTICULARS (INR MN) FY18 FY19 H1- FY20 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 147 147 147 (A) Property, Plant and Equipment 1,347 1,425 1,333 (B) Other Equity 2,987 3,597 3,956

  13. Slide 13: Financials - Standalone

    Financials - Standalone REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) 913 GROWTH 11,023 GROWTH GROWTH 666 704 11% 30% 39% 9,943 478 FY18 FY19 FY18 FY19 FY18 FY19 NET DEBT/EQUITY ROE and ROCE WORKING CAPITAL DAYS FY18 FY19 66 16.5% 54 13.5% 17.8% 15.2% (0.4) (0.6) FY18 FY19 FY18 FY19 ROE R

  14. Slide 14: Q2-FY20 Consolidated Income Statement (IND AS)

    Q2-FY20 CONSOLIDATED INCOME STATEMENT (IND AS) INCOME STATEMENT (INR MN) Q2-FY20 Q2-FY19 Y-o-Y Q1-FY20 Q-o-Q Operating Income 4,094 2,438 67.9% 3,211 27.5% Expenses 3,765 2,277 65.3% 2,979 26.4% Operating EBITDA 329 161 104.3% 232 41.8% Operating EBITDA Margins (%) 8.04% 6.60% 144 Bps 7.23% 81 Bps D

  15. Slide 15: Segmental Breakup - Quarterly Consolidated

    SEGMENTAL BREAKUP-QUARTERLY CONSOLIDATED ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 1300 1,159 350 337 2,762 E 3,100 1100 997 300 267 V 2,600 900 250 E 2,100 1,312 1,600 700 200 N 1,100 U 600 500 150 E 100 300 100 Q2-FY19 Q2-FY20 Q2-FY19 Q2-FY20 Q2-FY19 Q2-FY20 Q2-FY19 Q2-F

  16. Slide 16: H1-FY20 Consolidated Income Statement (IND AS)

    H1-FY20 CONSOLIDATED INCOME STATEMENT (IND AS) INCOME STATEMENT (INR MN) H1-FY20 H1-FY19 Y-o-Y Operating Income 7,305 4,722 54.7% Expenses 6,744 4,442 51.8% Operating EBITDA 561 280 100.4% Operating EBITDA Margins (%) 7.68% 5.93% 175 Bps Depreciation 113 96 17.7% Finance Cost 78 96 (18.8)% Other Inc

  17. Slide 17: Segmental Breakup - Half Yearly Consolidated

    SEGMENTAL BREAKUP - HALF YEARLY CONSOLIDATED ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 5,000 4,633 2,800 2,354 700 611 E 2,300 4,000 1,908 497 V 500 1,800 E 3,000 2,550 N 1,300 300 U 2,000 800 E 1,000 300 100 H1-FY19 H1-FY20 H1-FY19 H1-FY20 H1-FY19 H1-FY20 Q2-FY19 Q2-FY20

  18. Slide 18: Consolidated Income Statement (IND-AS)

    CONSOLIDATED INCOME STATEMENT(IND-AS) INCOME STATEMENT (INR MN) FY18 FY19 H1-FY20 Operating Income 10,549 11,623 7,305 Expenses 9,779 10,557 6,744 Operating EBITDA 770 1,066 561 Operating EBITDA Margins (%) 7.30% 9.17% 7.68% Depreciation 131 196 113 Finance Cost 187 190 78 Other Income 211 333 169 P

  19. Slide 19: Consolidated Balance Sheet (IND-AS)

    Consolidated Balance Sheet (IND-AS) PARTICULARS (INR MN) FY18 FY19 H1- FY20 PARTICULARS (INR MN) FY18 FY19 H1-FY20 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 142 142 142 (A) Property, Plant and Equipment 1,436 1,507 1,410 (B) Other Equity 1,859 2,458 2,784 (B) C

  20. Slide 20: Financials - Consolidated

    Financials - Consolidated REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) 659 11,623 1,066 10,549 GROWTH GROWTH 770 GROWTH 10% 38% 65% 399 FY18 FY19 FY18 FY19 FY18 FY19 NET DEBT/ EQUITY ROE and ROCE WORKING CAPITAL DAYS 70 FY18 FY19 24.5% 18.3% 55 25.3% 19.9% (0.6) (0.8) FY18 FY19 FY18 FY19

  21. Slide 21: Market Data (Bloomberg – ION IN, Reuters – IONX.BO)

    Market Data (Bloomberg – ION IN, Reuters – IONX.BO) 1 YEAR SHARE PRICE MOVEMENT (UPTO 30th September, 2019) 150% 100% 50% 0% -50% Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Ion Exchange Sensex PRICE DATA (AS ON 30th September, 2019) SHAREHOLDING PATTERN (AS O

  22. Slide 22: Disclaimer

    Disclaimer Ion Exchange (India) Limited 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 e

  23. Slide 23: Thank You

    @ ION EXCHANGE Refreshing the Planet

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