Apcotex Industries Ltd · NSE:APCOTEXIND
Apcotex Industries — Q2 FY2021 Earnings Presentation
13 slides from Apcotex Industries's earnings presentation, Oct 29, 2020
Slide 1: Earnings Presentation – October 2020 (Q2 – FY 2020-21) exchange cover letter
Date: 29th October 2020 To, To, Manager - Department of Corporate Services The Manager - Listing Department, BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, Dalal Street, Fort, Block G, Bandra - Kurla Complex, Mumbai - 400 001 Bandra
Slide 2: Earnings Presentation H1/Q2-FY21
EARNINGS PRESENTATION H1/Q2-FY21
Slide 3: Executive Summary
Executive Summary OVERVIEW ▶ Apcotex Industries Ltd (Apcotex) is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India. ▶ The company has one of the br
Slide 4: Company Overview
Company Overview Revenue (INR Mn) and Operating EBITDA Margin (%) ▶ The company’s Taloja plant was established in 1980 as a division of Asian 7000 10.8% 14.0% 11.9% Paints (India) Ltd. In 1991, the division was spun off as a separate company, 6000 12.0% which was headed by Mr. Atul Choksey, former M
Slide 5: H1/Q2-FY21 Financial Highlights
H1/Q2-FY21 Financial Highlights Q2-FY21 Financial Highlights: H1-FY21 Financial Highlights: • Total Revenue: INR 1,293 Mn • Total Revenue: INR 1,891 Mn • Operating EBITDA: INR 185 Mn • Operating EBITDA: INR 142 Mn • Operating EBITDA Margin: 14.31% • Operating EBITDA Margins: 7.51% • Net Profit: INR
Slide 6: Q2-FY21 Operational Highlights
Q2-FY21 Operational Highlights • All business operations back to normal in this quarter. • This quarter Apcotex has achieved highest ever quarterly sales volumes, in domestic as well as in the Exports side. • We have managed the cash flow well during the pandemic/lockdown period without enhancing wo
Slide 7: Q2-FY21 Income Statement (As per IndAS)
Q2-FY21 Income Statement (As per IndAS) Particulars (INR Mn) Q2-FY21 Q2-FY20 Y-o-Y Q1-FY21 Q-o-Q Revenue 1,293 1,241 4.2% 599 115.9% Total Expenses 1,108 1,173 (5.5)% 642 72.6% Operating EBITDA 185 68 172.1% (43) NA Operating EBITDA Margin 14.31% 5.48% 883 Bps - NA Depreciation 40 32 25.0% 37 8.1% F
Slide 8: H1-FY21 Income Statement (As per IndAS)
H1-FY21 Income Statement (As per IndAS) Particulars (INR Mn) H1-FY21 H1-FY20 Y-o-Y Revenue 1,891 2,708 (30.2)% Total Expenses 1,749 2,459 (28.9)% Operating EBITDA 142 249 (43.0)% Operating EBITDA Margin 7.51% 9.19% (168) Bps Depreciation 77 63 22.2% Finance Cost 23 7 NA Other Income 31 33 (6.1)% PBT
Slide 9: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY18 FY19 FY20 H1-FY21 Revenue 5,382 6,257 4,960 1,891 Total Expenses 4,744 5,581 4,626 1,749 Operating EBITDA 638 676 334 142 Operating EBITDA Margin 11.85% 10.80% 6.73% 7.51% Depreciation 121 118 134 77 Finance Cost 16 18 13 23 Other Income 71 77 59
Slide 10: Balance Sheet
Balance Sheet Particulars (INR Mn) FY-19 FY-20 H1-FY21 Particulars (INR Mn) FY-19 FY-20 H1-FY21 Shareholders Fund 2,778 2,513 2,633 Total Non Current Assets 1,624 1,916 2,148 Equity Share Capital 104 104 104 Property, Plant and 750 1,239 1,447 Equipment Other Equity 2,674 2,409 2,529 Capital Work in
Slide 11: Historical Performance Indicators
Historical Performance Indicators Operational Revenue (In Mn) Operating EBITDA and EBITDA Margin PAT and PAT Margin 7000 6,257 800 11.9% 14.0% 7.5% 6000 5,382 10.8% 500 7.2% 8.0% 4,960 700 12.0% 450 7.0% 5000 600 400 10.0% 350 6.0% 4000 500 6.8% 8.0%300 5.0% 3000 400 250 3.4% 4.0% 6.0% 300 200 3.0%
Slide 12: Disclaimer
Disclaimer Apcotex Industries Ltd Disclaimer: This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apcotex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation t
Slide 13: Thank You
Thank You