Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q4 FY2018 Earnings Presentation
16 slides from Time Technoplast's earnings presentation, 2018
Slide 1: Bringing Polymers to Life – Earnings Presentation Q4 & FY18
BRINGING POLYMERS TO LIFE EARNINGS PRESENTATION – Q4 & FY18
Slide 2: 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 Overview developm
Slide 3: TimeTech at a Glance
TimeTech at a Glance 3 2 1 Largest producer of Market leader 3rd largest 2nd largest Intermediate Bulk Largest large size plastic in Composite Cylinder Range of drums worldwide 8 out of 10 Container (IBC) manufacturer manufacturer composite cylinder countries worldwide worldwide worldwide FY18 FY18
Slide 4: Product Portfolio
Product Portfolio Segment Product range Our Brands Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Devices Material Handling ESTABLISHED PRODUCTS Mats Fuel Tanks Rain Flaps Disposal Bins Composite Cylinders Composite IBCs MOX Films VALUE ADDED PRODUCTS 4
Slide 5: Q4-FY18 Key Financial Highlights (Consolidated)
Q4-FY18 Key Financial Highlights (Consolidated) Y-o-Y Particulars (INR Mn) Q4-FY18 Q4-FY17 Growth Revenues 9,438 8,115 16.3% EBITDA 1,470 1,140 28.9% EBITDA Margins 15.58% 14.05% 153 Bps PAT 554 431 28.5% PAT Margins 5.86% 5.31% 55 Bps Volume Growth 19% 5
Slide 6: FY18 Key Financial Highlights (Consolidated)
FY18 Key Financial Highlights (Consolidated) Y-o-Y Particulars (INR Mn) FY18 FY17 Growth Revenues 31,049 27,568 12.6% EBITDA 4,752 4,064 16.9% EBITDA Margins 15.30% 14.74% 56 Bps PAT 1,804 1,471 22.6% PAT Margins 5.81% 5.34% 47 Bps Volume Growth 16% • The Board of Directors have recommended dividend
Slide 7: FY18 Financial Highlights
FY18 Financial Highlights • Revenue growth achieved 13% (India – 12%; Overseas– 14%) • Volume growth achieved 16% (India – 14%; Overseas– 17%) • India & Overseas Revenue: FY18 - 70% : 30% (FY’17 - 71% :29%) • India & Overseas EBITDA margins: FY18 – India 15.48% & Overseas 14.87% (FY’17 – 14.92% & 14
Slide 8: FY18 Financial Highlights
FY18 Financial Highlights • The value added products grew by 51% in FY’18 as compared to previous year. The share of value added products has been 18% of the total sales in the year ended 31st March,2018 as against 12% in the corresponding previous year. The company’s focus remains to increase the s
Slide 9: FY18 Operational Highlights
FY18 Operational Highlights • Capacity utilization: Overall 83% (India – 86%; Overseas – 71%) • PE Pipes : Healthy Order Book continues in PE Pipe business Aprox. 16,000 MT ( Rs. 1900 Mn ) • DWC Pipes: Increasing demand of Double Walled Corrugated (DWC) pipes. order in Hand for Aprox. 1500 MT (Rs. 1
Slide 10: Polymer and Composite Products
Polymer and Composite Products Polymer Products* Composite Products** Revenue & EBITDA Margins (%) 10,000 Revenue & EBITDA Margins (%) 15.20% 25,000 9,000 15.60% 15.00% 8,000 15.40% 15.07% 14.80% 20,000 7,000 15.40% 15.20% 14.60% 6,000 15.00% 14.40% 15,000 14.79% 5,000 14.62% 14.59% 14.80% 14.06% 14
Slide 11: Consolidated Financials
Consolidated Financials Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 31,049 4,065 4,752 1,804 23,609 27,568 3,433 1,172 1,471 FY16 FY17 FY18 FY16 FY17 FY18 FY16 FY17 FY18 Total Debt to Equity (x) EPS (INR) ROCE % 15.71% 14.68% 13.51% 0.64 6.90 7.98 0.54 0.52 5.66 FY16 FY17 FY18 FY16 FY17 FY18 FY16
Slide 12: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY16 FY17 FY18 Total Revenue 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 962 901 875 Depreciation 988 1,155 1,372 PBT 1,550 2,008 2,505 Tax 325 494
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY17 FY18 Particulars (INR Mn) FY17 FY18 Equity & Liabilities ASSETS Shareholder's Funds Non-Current Assets Share Capital 226 226 Fixed Assets Reserves and Surplus 13,039 14605 Tangible Assets 10,999 11,991 Total Shareholder's Fund 13,265 14,831 Intang
Slide 14: Capital Market Information
Capital Market Information Price Data (31st March - 2018) SHAREHOLDING PATTERN AS ON Face Value (INR) 1 31ST MARCH 2018 Market Price (INR) 159.5 Public 12% 52 Week H/L (INR) 232.6/111.0 Mutual Funds Market Cap (INR Mn) 36,082 9% Promoter 53% Equity Shares Outstanding (Mn) 226.1 FIIs & Foreign Co. 1
Slide 15: 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 16: Thank You
TIME THANK YOU