Fineotex Chemical Limited · NSE:FCL
Fineotex Chemical — Q3 FY2023 Earnings Presentation
30 slides from Fineotex Chemical's earnings presentation, Feb 4, 2023
Slide 1: Fineotex Investor Presentation 9M & Q3 FY2022-2023
FINEOTEX® A Speciality Chemical Producing Public Listed Company February 04, 2023 To, General Manager, The Manager, Listing Department, Listing & Compliance Department Bombay Stock Exchange Limited, The National Stock Exchange of India Limited P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla
Slide 2: Fineotex Chemical Limited Investor Presentation February 2023
Fineotex Chemical Limited (BSE: 533333; NSE: FCL) Textile Specialties Investor Presentation February 2023 Other Specialties Cleaning & Hygiene Specialties Drilling Specialties
Slide 3: Fineotex: A leader in textile specialty chemicals
Fineotex: A leader in textile specialty chemicals Specialty chemicals producer with a focus on textiles 470+ ~70 chemicals Product Categories Countries Present Team of 34 professionals for providing technical solutions to customers Bluesign, ZDHC, 104,000 MT p.a. Star Export House Installed capaciti
Slide 4: Long standing track record of consistently creating value
Long standing track record of consistently creating value 2004 2007 2011 2014 2015 ❖ Accredited with ❖ Acquisition of FCPL ❖ Listed on BSE ❖ Bonus declared on 1:1 ❖ Listed on NSE ISO 9001:2008 by Fineotex Chemical ❖ Incorporated wholly owned basis ❖ Received Star ❖ Incorporation of Limited subsidiar
Slide 5: Sustainability at its Core
Sustainability at its Core We place sustainability high on our agenda as it is an integral part of our business strategy 100% 21% 4,17,000 units Employees are covered Female employees in Electricity purchased in with health and accident FY22 FY22 insurance 100% employees Rs 50.00 Lakhs Zero Were giv
Slide 6: Tailored solutions across the textile value chain with a focus on realisations
Tailored solutions across the textile value chain with a focus on realisations 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, Wettin
Slide 7: Global Customer Reach
Global Customer Reach • Sales in ~70 countries including Brazil, Bangladesh, Germany, Indonesia, Malaysia, Singapore, Syria, Thailand, USA, Venezuela and Vietnam • 34+ technical marketing experts • 110+ dealers in Indian and International markets Q3 FY23 Revenue Mix 25% 75% Facilities at Mahape and
Slide 8: Successfully leveraged core textile expertise into new high growth areas
Successfully leveraged core textile expertise into new high growth areas Customised Technical Solutions Besides manufacturing specialty chemicals, we also offer customized technical solutions and services through our dedicated focus on R&D activities by our strong alliances with partners and institu
Slide 9: Developed technical expertise to enter attractive new markets
Developed technical expertise to enter attractive new markets • Customised solutions for: ▪ Housekeeping, Kitchen Care and Disinfectants ▪ Public Health and Hygiene Cleaning and Hygiene Chemicals • The plant has been approved and certified by the Food & Drugs Administration (Maharashtra State) depar
Slide 10: Cleaning and Hygiene Chemicals
Cleaning and Hygiene Chemicals 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 11: Successful acquisition and realisation of synergies with Biotex
Successful acquisition and realisation of synergies with Biotex Fineotex - India Biotex - Malaysia • Diverse product portfolio (470+ categories) • Niche product portfolio (50+ categories) across business segments Overview • High end super speciality textile chemical • Applications primarily across t
Slide 12: Recent collaborations to expand product profile and geographical reach
Recent collaborations to expand product profile and geographical reach Strategic collaboration with Eurodye-CTC, Belgium, Strategic collaboration with HealthGuard, Australia to Setting up a state of art Research & Development to commercialize specialty chemicals for the Indian become the exclusive g
Slide 13: Manufacturing Platforms (GMP Certified)
Manufacturing Platforms (GMP* Certified) Location Strategic Advantages Manufacturing Excellence • Strategically located plant near key port close to Mumbai with logistical advantage to textile hubs across North, West, South and Central India Mahape and Ambernath, Mumbai, India • Easy access to high
Slide 14: Accreditations: Biotex Malaysia
Accreditations: Biotex Malaysia Certificate Value Proposition • Bluesign is recognized as a leading certification for sustainability in the global textile industry. As a partner, Biotex is committed to applying the bluesign system to meet the highest level of safety for both people and environment,
Slide 15: Accreditations: Fineotex India
Accreditations: Fineotex India Certificate Value Proposition • ISO 9001:2015 defines the guiding principles to create efficiencies by aligning and streamlining processes throughout the organization, create new opportunities, meet regulatory requirements, and help organizations expand into new market
Slide 16: Attractive specialty chemicals industry dynamics
Attractive specialty chemicals industry dynamics • India has one of the largest global chemical markets and is ranked sixth in the world and fourth in Asia in terms of global sale of chemicals. India accounts for 2.5% of the world’s global chemical sales • The industry is expected to reach US$ 304 b
Slide 17: Positioned to capitalize on the growing demand and increase its market share
Positioned to capitalize on the growing demand and increase its market share • Partnering with International companies to establish manufacturing facilities in India • Continue to develop direct customer relationships and expand distribution network and market penetration Market Expansion • Developm
Slide 18: Board of Directors
Board of Directors Surendrakumar Tibrewala Sanjay Tibrewala Aarti Jhunjhunwala Navin Mittal Chairman and Managing Director Executive Director Executive Director Independent Director C Alok Dhanuka CS Bindu Shah Dr. Sunil Waghmare Independent Director Independent Director Independent Director C C C C
Slide 19: Management Team
Management Team Surendra Kumar Tibrewala Sanjay Tibrewala Aarti Jhunjhunwala Education: B.Com and LLB Education: B.Com and P.G. in Textile Education: B.Com and M.Com Chemicals and Processing Managing Director Chief Financial Officer Head - International Marketing Arindam Choudhuri Noa N. Ouakass Ked
Slide 20: Fineotex Key Highlights during FY2022
Fineotex Key Highlights during FY2022 Q1 FY2022 Q2 FY2022 Q3 FY2022 Q4 FY2022 • Appointed Mr. Arindam • Strategic collaboration with • Commenced operations in the • The NRC of the Board has Choudhuri as the CEO. A HealthGuard®, Australia and facility located in Ambernath, approved a grant of 70,673
Slide 21: Fineotex Key Highlights during FY2023
Fineotex Key Highlights during FY2023 Q1 FY2023 Q2 FY2023 Q3 FY2023 Q4 FY2023 • Celebrated 11 years of listing • Company has been included in • Honoured with the Women at • Crisil ratings upgraded to on the Indian stock market the Nifty Microcap Index work leadership award by A/Stable (Long Term) an
Slide 22: Key Messages
Key Messages Fineotex: A leader in textile specialty chemicals Long standing track record of consistently creating value Sustainability at the core of Fineotex operations Tailored solutions across the textile value chain with a focus on realisations Diversified revenues across clients, products and
Slide 23: Financial Performance
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Slide 24: Consolidated Quarterly Performance Trend
Consolidated Quarterly Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 40.1% 41.2% 26.1% 38.2% 23.9% 23.3% 584 1,051 1,092 136 251 286 Q3 FY 21 Q3 FY 22 Q3 FY 23 Q3 FY 21 Q3 FY 22 Q3 FY 23 PBT and PBT Margin PAT and PAT Margin 31.7% 23.0% 20.6% 26.6% 18.2%
Slide 25: Consolidated Annual Performance Trend
Consolidated Annual Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 20.1% 21.1% 35.5% 37.3% 35.7% 36.1% 36.9% 33.7% 19.0% 18.6% 19.3% 17.4% 1,823 1,963 2,185 3,682 2,468 3,793 347 342 406 712 497 799 FY 19 FY 20 FY 21 FY 22 9M FY 22 9M FY 23 FY 19 FY 20 FY
Slide 26: Key Return Ratios Trend
Key Return Ratios Trend Return on Capital Employed (%) Return on Equity (%) 29.1% 34.9% 23.4% 28.0% 22.7% 21.4% 25.6% 21.5% 19.6% 15.8% 19.1% 8.4% FY 19 FY 20 FY 21 FY 22 9M FY 22 9M FY 23 FY 19 FY 20 FY 21 FY 22 9M FY 22 9M FY 23 ROE= PAT/Average Equity ROCE = EBIT/Average Capital Employed (Capital
Slide 27: Consolidated P&L Summary: Q3 and 9M FY2023
Consolidated P&L Summary: Q3 and 9M FY2023 Particulars (Rs. Million) Q3 FY23 Q3 FY22 YoY% 9M FY23 9M FY22 YoY% Revenue from Operations 1,092 1,051 4.0% 3,793 2,468 53.7% COGS 642 650 (1.1%) 2,514 1,557 61.5% Gross Profit 450 401 12.2% 1,279 912 40.3% Gross Profit Margin 41.2% 38.2% 33.7% 36.9% Emplo
Slide 28: Fineotex ESG Accreditations
Fineotex ESG Accreditations Bhive certified Certificates Blue Sign certified ISO 9001 ISO 14001 ISO 14045 ISO 45001 ECO Passport by OEKO-TEX ISO 20000 SA 8001 OHSAS18001 ISO 22000 Global Organic Textile Standard (GOTS) certified Hazard Analysis Critical Control Point Certification Indian Green Build
Slide 29: 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 30: 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 29