Gfl Ltd · NSE:GFLLIMITED

Gfl — Gujarat Fluorochemicals — Q1 FY17 Earnings Presentation

24 slides from Gfl's earnings presentation, September 2016

  1. Slide 1: Quarterly Investor Update Q1 FY17

    GUJARAT FLUOROCHEMICALS LIMITED QUARTERLY INVESTOR UPDATE Q1 FY17

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by Gujarat Fluorochemicals Limited (“GFL” or “the Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future state of affairs, result

  3. Slide 3: Discussion Summary

    DISCUSSION SUMMARY  Q1 FY17 RESULTS HIGHLIGHTS  CONSOLIDATED RESULTS  CHEMICALS BUSINESS  WIND TURBINE MANUFACTURING BUSINESS  WIND FARMING BUSINESS  FILM EXHIBITION BUSINESS  SHAREHOLDING STRUCTURE  FINANCIAL SUMMARY  ANNEXURE 3

  4. Slide 4: Q1 FY17 Results Highlights: Consolidated Results

    Q1 FY17 – RESULTS HIGHLIGHTS CONSOLIDATED RESULTS Q1 FY17 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT & PAT MARGIN 20.2% 21.1% 6.1% 4.3% 1,363.2 275.4 1,093.4 230.8 82.6 47.5 20 % 16 % 43 % Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 EBIDTA EBIDTA % PAT PAT % Note: * Revenue from Operat

  5. Slide 5: Consolidated Revenues Breakup

    Q1 FY17 – RESULTS HIGHLIGHTS CONSOLIDATED REVENUES BREAKUP CONSOLIDATED REVENUES – BUSINESS WISE BREAKUP In Rs. Cr % Share Q1 FY16 Q1 FY17 1,363.2 1,093.4 Chemicals Business 25.9% 34.1% 302.5 45.8 11 % 336.9 Wind Turbine Manufacturing Business 47.2% 39.8% 61.5 34 % 643.9 435.0 32 % Wind Farming Busi

  6. Slide 6: Consolidated EBITDA Breakup

    Q1 FY17 – RESULTS HIGHLIGHTS CONSOLIDATED EBITDA BREAKUP CONSOLIDATED EBITDA – BUSINESS WISE BREAKUP In Rs. Cr % Share Q1 FY16 Q1 FY17 275.4 230.8 64.5 4% Chemicals Business 28.5% 34.4% 62.1 38.5 37 % Wind Turbine Manufacturing Business 34.0% 19.8% 52.6 93.7 51 % 45.7 Wind Farming Business 14.0% 22.

  7. Slide 7: Consolidated PAT Breakup

    Q1 FY17 – RESULTS HIGHLIGHTS CONSOLIDATED PAT BREAKUP CONSOLIDATED PAT – BUSINESS WISE BREAKUP In Rs. Cr % Share Q1 FY16 Q1 FY17 82.6 1% 25.3 Chemicals Business 33.7% 70.0% 3.5 9% 47.5 60.4 25.0 Wind Turbine Manufacturing Business 73.1% 24.8% 80 % 3.2 11.8 19 % Wind Farming Business 4.2% 6.7% 27.8 3

  8. Slide 8: Chemicals Business - Standalone Results

    Q1 FY17 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q1 FY17 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT & PAT MARGIN 373.0 7.9% 8.9% 352.7 22.2% 21.3% 78.3 79.5 33.2 27.8 6% 2% 19 % Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 EBIDTA EBIDTA % PAT PAT % Note: * Revenue fr

  9. Slide 9: Chemicals Business - Revenues Breakup

    Q1 FY17 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q1 FY17 YoY ANALYSIS - REVENUES BREAKUP % Share Q1 FY16 Q1 FY17 373.0 352.7 17 % 27.6 33.3 Caustic Soda 18.9% 21.8% 35 % 96.7 130.8 Chloromethanes 16.5% 14.8% 20 % 97.6 78.1 5% Refrigerant Gases 27.7% 20.9% 55.3 58.2 22 % PTFE 27.4

  10. Slide 10: Chemicals Business - Sales Volume and Price Trend

    Q1 FY17 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q1 FY17 YoY ANALYSIS - SALES VOLUME BREAKUP (MT) Q1 FY17 YoY ANALYSIS - PRICE TREND (RS PER MT) 15,721 26,447 27,289 29,787 13,846 42,048 25,252 35,152 18 % 14 % 3% 16 % Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY

  11. Slide 11: Key Raw Materials Price Trend

    Q1 FY17 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q1 FY17 - KEY RAW MATERIALS PRICE TREND 1,290 19,901 974 16,692 24 % 16 % Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Salt (Rs/MT) Methanol (Rs/MT) 21,865 3,652 17,607 3,133 27 % 19 % 799 580 14 % Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Fluorospar (Rs

  12. Slide 12: Wind Turbine Manufacturing Business (Inox Wind Limited)

    Q1 FY17 – RESULTS HIGHLIGHTS WIND TURBINE MANUFACTURING BUSINESS (INOX WIND LIMITED) Q1 FY17 YoY ANALYSIS REVENUES* EBITDA AND EBITDA MARGIN PAT AND PAT MARGIN 643.9 14.5% 9.4% 10.5% 2.7% 435.0 93.7 60.4 45.7 32 % 51 % 80 % 11.8 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 EBIDTA EBIDTA % PAT PAT

  13. Slide 13: Wind Farming Business (Inox Renewables Limited)

    Q1 FY17 – RESULTS HIGHLIGHTS WIND FARMING BUSINESS (INOX RENEWABLES LIMITED) Q1 FY17 YoY ANALYSIS REVENUES* EBITDA** & EBITDA MARGIN PAT & PAT MARGIN 84.1% 85.6% 7.7% 5.2% 61.5 52.6 45.8 38.5 3.5 3.2 34 % 37 % 9% Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 EBIDTA EBIDTA % PAT PAT % Note: * Reven

  14. Slide 14: Film Exhibition Business (Inox Leisure Limited)

    Q1 FY17 – RESULTS HIGHLIGHTS FILM EXHIBITION BUSINESS (INOX LEISURE LIMITED) Q1 FY17 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 21.3% 336.9 8.4% 302.5 18.4% 7.4% 64.5 62.1 25.3 25.0 11 % 4% 1% Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 EBIDTA EBIDTA % PAT PAT % Note:

  15. Slide 15: Shareholding Structure

    SHAREHOLDING STRUCTURE Share Price Performance Market Data As on 07.09.16 (BSE) 800 Market capitalization (Rs Cr) 6,448.2 600 Price (Rs.) 587.0 400 No. of shares outstanding (Cr) 10.99 200 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Face Value (Rs.) 1.0 52 week High-Low (Rs.) 704.7 – 401.1 % Sharehold

  16. Slide 16: Financial Summary - Standalone Financials, Chemicals Business

    FINANCIAL SUMMARY – LAST 5 YEARS STANDALONE FINANCIALS – CHEMICALS BUSINESS Figures are as per IGAAP REVENUES * EBITDA & EBITDA MARGIN PAT & PAT MARGIN 1,338 26.2% 21.4% 22.1% 5.2% 6.0% 7.8% 1,321 17.4% 17.0% 2.0% 1,193 1,154 1,141 0.7% 312 282 295 200 236 194 60 74 80 104 FY12 FY13 FY14 FY15 FY16 F

  17. Slide 17: Financial Summary - Consolidated Financials

    FINANCIAL SUMMARY – LAST 5 YEARS CONSOLIDATED FINANCIALS Figures are as per IGAAP In Rs. Cr REVENUES * EBITDA & EBITDA MARGIN PAT & PAT MARGIN CAGR: 26.2% 27.6% 43.4% 32.1% 7,199 17.3% 19.4% 18.1% 17.2% 5,341 5.4% 5.9% 5.5% 780 1,228 1,303 3,166 3,452 1,017 1,035 543 2,830 394 598 317 186 FY12 FY13

  18. Slide 18: Annexure

    ANNEXURE 18

  19. Slide 19: Detailed Financials: Standalone P&L Statement

    DETAILED FINANCIALS STANDALONE P&L STATEMENT Q1 FY16 Difference Q1 FY16 Q1 FY17 Particulars (In Rs Cr) YoY % Remarks IGAAP (IND-AS Vs IGAAP) IND-AS IND-AS Total Income from Operations 352.7 - 352.7 373.0 5.8% Cost of Material Consumed 87.6 - 87.6 93.9 7.3% Purchases of stock-in-trade 0.7 - 0.7 2.6 -

  20. Slide 20: Detailed Financials: Standalone Balance Sheet

    DETAILED FINANCIALS STANDALONE BALANCE SHEET Figures are as per IGAAP Particulars (Rs Cr) FY16 FY15 Particulars (Rs Cr) FY16 FY15 Share Holders’ Funds: Non-current assets: Equity share capital 10.9 10.9 Fixed Assets 2,073.8 2,103.1 Reserves and Surplus 2,901.6 2,844.6 Non-current investments 570.6 4

  21. Slide 21: Detailed Financials: Consolidated P&L Statement

    DETAILED FINANCIALS CONSOLIDATED P&L STATEMENT Particulars (In Rs Cr) Q1 FY17 Q1 FY16 YoY % Total Income from Operations 1,093.4 1,363.2 -19.8% Cost of Material Consumed 409.9 512.3 -20.0% Purchases of stock-in-trade 2.6 0.7 - Changes in inventories of finished goods, work-in-progress and stock-in-t

  22. Slide 22: Detailed Financials: Consolidated Balance Sheet

    DETAILED FINANCIALS CONSOLIDATED BALANCE SHEET Figures are as per IGAAP Particulars (Rs Cr) March-16 March-15 Particulars (Rs Cr) March-16 March-15 Share Holders’ Funds: Non-current assets: Equity share capital 10.9 10.9 Fixed Assets 4,937.1 4,469.0 Reserves and Surplus 4,485.4 4,224.3 Goodwill on C

  23. Slide 23: Group Overview: Strong Pedigree

    GROUP OVERVIEW STRONG PEDIGREE  Strong legacy of more than 80 years.  Diversified businesses across industrial gases, engineering plastics, refrigerants, chemicals, cryogenic engineering, renewable energy and entertainment sectors.  More than 8,000 employees at more than 100 business units across

  24. Slide 24: Thank You

    FOR FURTHER QUERIES: THANK YOU Deepak Asher Nilesh Dalvi / Kapil Jagasia Director and Group Head (Corporate Finance) Dickenson Seagull IR Email : deepakasher@gfl.co.in Contact No : +91 9819289131 / 9819033209 Email : nilesh.dalvi@dickensonir.com Mr. Dheeraj Sood Kapil.jagasia@dickensonir.com Head IR

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