Time Technoplast Limited · NSE:TIMETECHNO

Time Technoplast — Investor Presentation (October 2020)

31 slides from Time Technoplast's investor presentation, October 2020

1. Slide 1: Investor Presentation October 2020

   Investor Presentation October 2020 BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 ©2020, Time Technoplast Ltd., All Rights Reserved

2. Slide 2: Time Techno at a Glance

   Time Techno at a Glance Revenues by Product Category (FY20) FY20 Financial Highlights REVENUES EBITDA PAT ₹35,803 Mn ₹5,012 Mn ₹1,691 Mn 3% Worldwide Ranking Packaging 4% Batteries Plastic Drums, Jerry cans, Pails 5% Largest 2nd Largest 3rd Largest 60% Large size Plastic Drums Composite Cylinder Int

3. Slide 3: Investment Rationale

   Investment Rationale Enjoys Rating of “AA-“from renowned global rating company (CRISIL Ltd) for banking facilities Extensive R&D facility enabling the Company to develop New products under development and approval process new innovative products as a replacement for metal with approving authority su

4. Slide 4: Table of Content and Safe Harbour

   Table Of Content Safe Harbour 5 Except for the historical information contained herein, statements in this Corporate Overview presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue",

5. Slide 5: Time Technoplast

   Time Technoplast Business Mix  Time Technoplast Limited (Time Tech) is Established Products Value-Added Products a multinational company and one of the leading manufacturer of technology based polymer and composite products Industrial Packaging Infrastructure Technical & Lifestyle Intermediate Comp

6. Slide 6: Product Portfolio

   Product Portfolio Brand Revenue Share – FY20 Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Established Products Devices Product Established Products Brand 81% Rain Flaps Fuel Tanks Mats Product 19% Brand Value Added Products Value-Added Product Products Composite C

7. Slide 7: Key Milestones

   Key Milestones 1992 - 2000 2001 - 2006 2007 - 2010 2011 - 2020 Turnover ₹1 Bn ₹5 Bn ₹10 Bn ₹15 Bn ₹36 Bn 1999 2008 2010 2012 2019  Incorporated Pvt. Ltd. Company  Launched Automotive related  Got listed on NSE & BSE  Green field manufacturing set up  Production facilities in western Products 

8. Slide 8: Board of Directors

   Board of Directors Mr. Anil Jain Mr. Bharat Vageria Mr. Raghupathy Thyagarajan Mr. Naveen Jain Managing Director Whole Time Director, Finance Whole Time Director, Marketing Whole Time Director, Technical  Degrees in Science, Engineering  Degree in Commerce and a Fellow  Degree in Science and Mast

9. Slide 9: Meet The Team

   Meet The Team Key Management Personnel Mr. Hemant Soni Mr. Prashant Joshi Mr. Rajendra Badve Mr. Mangesh Sarfare Head - Legal & Group Company Secretary Chief Operating Officer Chief Technology Officer Chief Project Officer Total exp: 13 years (Time: 2 year) Total exp: 31 years (Time: 27 years) Total

10. Slide 10: Geographical Presence

    Geographical Presence Manufacturing Presence Annual Installed Capacity India Overseas Total in 11 Countries 20 Manufacturing Plastic Products ( ‘000 MT) 217 86 303 Units in India to meet local demand Jammu IBC (‘000 Nos) 270 960 1,230 PE Pipes (‘000 MT) 53 - 53 Baddi Composite Cylinders (‘ 000 Nos)

11. Slide 11: Global Marquee Customers

    Global Marquee Customers Corporate Overview Business / Industry Overview Financial Overview Appendix 11

12. Slide 12: Research and Development

    Research and Development Product Re-engineering Continuous efforts towards Process Re-engineering reduction in material and Making processes more energy Dedicated team of more 1% of the total turnover Dedicated lab with state of energy consumption. efficient and using optimized than 30 people for sp

13. Slide 13: Value added products developed/ under development

    Value added products developed/ under development New Generation PU Cylinders UREA / AdBlue Tanks The new LPG Cylinder is TYPE IV composite cylinder with One of the latest techniques used to clean up diesel PU (Polyurethane) casing. With a brand-new compact emissions is known as Selective Catalytic

14. Slide 14: Established Products - Industrial Packaging

    Established Products - Industrial Packaging  TimeTech produces Polymer drums / barrels, Jerry cans and Pails for varied packaging requirements.  The Company uses technologies of polymer processing such as blow moulding, injection moulding and extrusion to produce a wide range of products.  These

15. Slide 15: Industrial Packaging Industry – Market & Development

    Industrial Packaging Industry – Market & Development Market Drivers Emerging Packaging Scenario  Shift from metal to polymer packaging due to technical and operational  Multinational companies looking east for  The global market for industrial advantages and lower costs. lower cost of production.

16. Slide 16: Established Products - Infrastructure

    Established Products - Infrastructure High Density Polyethylene (HDPE) Pipes & Double Wall Corrugated (DWC) Pipes  TimeTech manufactures valve-regulated lead-  HDPE pipes are capable of handling semi-solid & gaseous  Double layer Pipe with outer layer having corrugation and acid (VRLA ) Batteries

17. Slide 17: Established Products - Technical & Lifestyle

    Established Products - Technical & Lifestyle Turf & Matting Disposal Bins Auto Components  TimeTech is one of the leading players in the matting  Disposal Bins a necessity for hygienic life and  Rain flaps consists of unique surface formed by segment. TTL has been delivering value for money made

18. Slide 18: Value Added Products – Intermediate Bulk Containers - IBC

    Value Added Products – Intermediate Bulk Containers - IBC Range:  1,000 Ltr capacity  2.7 Lakh units p.a. in India and Capacity:  8.4 Lakh units p.a. overseas Users:  Petrochemicals, Foods, Solvents, etc.  Space Efficiency, Eliminate Waste, Durability and Features: Eco-friendly.  Rapid growth

19. Slide 19: Value Added Products - Composite Cylinders

    Value Added Products - Composite Cylinders Range:  2kg – 22 kg capacity (largest in the world) Capacity:  1.4 Mn units p.a.  Household, Industrial, Trawlers, Caravans, BBQ, Users: Street Cooking, etc.  Explosion Proof, Non-Corrosive, Light and Features: Efficient, and Low Maintenance.  Received

20. Slide 20: Value Added Products – MOX Film

    Value Added Products – MOX Film Range:  35 to 320 GSM thickness Capacity:  12,000 MT p.a.  Agriculture, Infrastructure, Packaging, Users: Commercial Vehicles and many more  Tear/Puncture Resistant, 100% Waterproof, Features: Weathering Resistant, UV Resistant, and Chemical Resistant.  The size

21. Slide 21: Q1FY21 Financial Highlights

    Q1FY21 Financial Highlights Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) PAT (₹ Mn) Cash Profit (₹ Mn) 14.6% 438 841 8,684 1,267 11.4% 4,755 259 542 -117 Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 Note: Owing to the lockdown imposed due to COVID-19 pandemic during the quarte

22. Slide 22: FY20 Financial Highlights

    FY20 Financial Highlights Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) PAT (₹ Mn) Cash Profit (₹ Mn) 14.8% 14.0% 2,027 3,546 35,670 35,803 5,267 5,012 1,691 3,312 FY19 FY20 FY19 FY20 FY19 FY20 FY19 FY20 Particulars India Overseas Volume Growth (4%) 4% 5%  The value added products grew by 3% in

23. Slide 23: Strategic Direction towards Value Added Products

    Strategic Direction towards Value Added Products Established Products* Value Added Products* Revenue Share Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 18.6% 18.6% 29,033 28,962 17.9% 14.6% 13.9% 6,842 6,636 13.1% 5,521 25,528 FY18 FY19 FY20 FY18 FY19 FY20 * Continued Business

24. Slide 24: Segmental Performance

    Segmental Performance Polymer Products* Composite Products** Revenue Share Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 25,303 25,388 10,367 10,415 15.4% 15.1% 15.1% 14.7% 14.3% 13.9% 22,057 8,992 FY18 FY19 FY20 FY18 FY19 FY20 *Polymer Products: HM-HDPE plastic Drums/Jerry Can

25. Slide 25: Consolidated Financials Highlights

    Consolidated Financials Highlights Total Income (₹ Mn) EBITDA (₹ Mn) PAT (₹ Mn) 35,670 35,803 5,267 2,027 5,011 1,804 31,049 4,752 1,691 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 Total Debt To Equity (X) EPS (₹) ROCE % 0.52 8.96 16.0% 7.98 15.7% 0.50 7.46 0.46 13.4% FY18 FY19 FY20 FY18 FY19 FY20

26. Slide 26: Consolidated Quarterly Income Statement

    Consolidated Quarterly Income Statement Particulars (₹ Mn) Q1FY21 Q4FY20 Q1FY20 Total Income 4,755 9,171 8,684 Total Expenses 4,213 7,980 7,417 EBITDA 542 1,191 1,267 EBITDA Margin (%) 11.4% 13.0% 14.6% Finance Cost (Net) 253 260 275 Depreciation 375 370 394 PBT (86) 561 598 Tax 30 158 151 PAT befor

27. Slide 27: Historical Consolidated Income Statement

    Historical Consolidated Income Statement Particulars (₹ Mn) FY20 FY19 FY18 Total Income 35,803 35,670 31,049 Total Expenses 30,792 30,402 26,297 EBITDA 5,012 5,267 4,752 EBITDA Margin (%) 14.0% 14.8% 15.3% Finance Cost(Net) 1,082 986 875 Depreciation 1,562 1,461 1,372 PBT 2,367 2,819 2,505 Tax 617 7

28. Slide 28: Historical Consolidated Balance Sheet

    Historical Consolidated Balance Sheet Particulars (₹ Mn) FY20 FY19 Particulars (₹ Mn) FY20 FY19 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 Non-Current Assets Other Equity 17,925 16,466 Fixed Assets Total Shareholder's Fund 18,151 16,692 Property, Plant & Equipment 12,857 1

29. Slide 29: As a part of environmental responsibility

    As a part of environmental responsibility Amta Plant, Kolkata Mahad Plant, Maharashtra Installed Solar Panels at Amta, Kolkata plant with 531 KW capacity Installed Solar Panels at Mahad Plant with 95 KW capacity Corporate Overview Business / Industry Overview Financial Overview Appendix 29

30. Slide 30: Capital Market Information

    Capital Market Information Sales Public Marquee Investors as on 30th June 2020 (% of Total Equity) 15% NT Asian Discovery Fund 14.7 10% HDFC Trustee 9.0 51% Mutual Promoter Funds Kapitalforeningen Investin Pro - Dalton 3.8 24% Grandeur Peak 3.6 FIIs and Foreign Total Shareholders > 30,000 Companies

31. Slide 31: For further information, please contact

    For further information, please contact: Mr. Digvijay Singh Rathore Mr. Siddesh Chawan Manager – Investor Relations Christensen IR +91 22 7111 9648 +91 22 4215 0210 digvijay.rathore@timetechnoplast.com schawan@christensenir.com © 2020 Time Technoplast Limited, All Rights Reserved. “Time Technoplast”

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