Ion Exchange (india) Ltd. · NSE:IONEXCHANG
Ion Exchange (india) — Q4 FY22 Earnings Presentation
23 slides from Ion Exchange (india)'s earnings presentation, May 30, 2022
Slide 1: Submission of Analyst/Investor Presentation covering letter
8 ION EXCHANGE R~~e,1,Pt,UuJ tPu, P~nd, May 30, 2022 To To BSE Limited National Stock Exchange of India Limited The Corporate Relationship Dept. Exchange Plaza, C-1 , Block- G, P.J. Towers, Dalal Street Bandra Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai-400 051 Scrip Code: 500214 Scrip Code:
Slide 2: Earnings Presentation Q4-FY22 / FY22
EARNINGS PRESENTATION –Q4-FY22/ FY22
Slide 3: Executive Summary
Executive Summary OVERVIEW • Ion Exchange (India) Ltd (Ion Exchange), formed in 1964, is a pioneer in water, waste water treatment & FY22: Operating environment solutions and caters to various industries, institutions, homes & communities. Income* • Headquartered in Mumbai, the company has seven man
Slide 4: Company Overview
Company Overview • Ion Exchange was originally formed as a subsidiary of Permutit, UK in 1964. It REVENUE BREAKUP (FY22)* became a wholly owned Indian company in 1985. The company is currently in its 58th Year of operations. • The company has expanded its footprints globally and possesses a diversif
Slide 5: Q4-FY22 / FY22 Financial Highlights
Q4-FY22/ FY22 Financial Highlights Q4-FY22 Performance (Standalone) Q4-FY22 Performance (Consolidated) INR 4,657 Mn INR 782 Mn 16.79% INR 4,964 Mn INR 951 Mn 19.16% Operating Income Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating EBITDA Margins Margins INR 662 Mn 14.22%
Slide 6: Q4-FY22 / FY22 Operational Highlights
Q4-FY22/ FY22 Operational Highlights ENGINEERING Ø The company continues to witness encouraging order flows both in domestic and international market Ø Regarding Sri Lanka order, the company in this quarter had commenced progressive handover of the completed stages of the Project to Sri Lanka Water
Slide 7: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance INCOME STATEMENT (INR MN) Q4-FY22 Q4-FY21 Y-o-Y Q3-FY22 Q-o-Q Operating Income 4,657 4,329 7.6% 3,784 23.1% Expenses 3,875 3,528 9.8% 3,359 15.4% Operating EBITDA 782 801 (2.4)% 425 84.0% Operating EBITDA Margins (%) 16.79% 18.50% (171) Bps 11.23% 556 Bps D
Slide 8: Quarterly Standalone Segmental Breakup
Quarterly Standalone Segmental Breakup ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 2,984 1,432 425 E 377 2,844 V E 1,241 N U E Q4-FY21 Q4-FY22 Q4-FY21 Q4-FY22 Q4-FY21 Q4-FY22 558 364 Q4-FY21 Q4-FY22 456 E B 304 I T (14) (18) Q4-FY21 Q4-FY22 Q4-FY21 Q4-FY22 7
Slide 9: Annual Standalone Financial Performance
Annual Standalone Financial Performance INCOME STATEMENT (INR MN) FY22 FY21 Y-o-Y Operating Income 15,094 14,018 7.7% Expenses 13,123 12,067 8.8% Operating EBITDA 1,971 1,951 1.0% Operating EBITDA Margins (%) 13.06% 13.92% (86) Bps Depreciation 268 261 2.7% Finance Cost 76 99 (23.2)% Other Income 46
Slide 10: Annual Standalone Segmental Breakup
Annual Standalone Segmental Breakup ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 9,027 5,256 8,999 1,366 E 4,298 1,084 V E N U E FY21 FY22 FY21 FY22 FY21 FY22 939 1,125 FY21 FY22 864 E B I 1,059 T FY21 FY22 FY21 FY22 (41) (40) 9
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance INCOME STATEMENT (INR MN) Q4-FY22 Q4-FY21 Y-o-Y Q3-FY22 Q-o-Q Operating Income 4,964 4,452 11.5% 3,882 27.9% Expenses 4,013 3,595 11.6% 3,455 16.2% Operating EBITDA 951 857 11.0% 427 122.7% Operating EBITDA Margins (%) 19.16% 19.25% (9) Bps 11.00% 816 Bps
Slide 12: Quarterly Consolidated Segmental Breakup
Quarterly Consolidated Segmental Breakup ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 3,208 2,910 425 E 1,515 377 V 1,298 E N U E Q4-FY21 Q4-FY22 Q4-FY21 Q4-FY22 Q4-FY21 Q4-FY22 732 557 Q4-FY21 Q4-FY22 389 E B I 345 T (14) (16) Q4-FY21 Q4-FY22 Q4-FY21 Q4-FY22 11
Slide 13: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance INCOME STATEMENT (INR MN) FY22 FY21 Y-o-Y Operating Income 15,769 14,495 8.8% Expenses 13,637 12,472 9.3% Operating EBITDA 2,132 2,023 5.4% Operating EBITDA Margins (%) 13.52% 13.96% (44) Bps Depreciation 280 277 1.1% Finance Cost 100 126 (20.6)% Other Incom
Slide 14: Annual Consolidated Segmental Breakup
Annual Consolidated Segmental Breakup ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 9,407 9,351 1,366 E 5,579 1,084 V 4,396 E N U E FY21 FY22 FY21 FY22 FY21 FY22 1,068 995 1,208 FY21 FY22 E 1,062 B I T (36) (37) FY21 FY22 FY21 FY22 13
Slide 15: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW 14
Slide 16: Historical Standalone Financial Performance
Historical Standalone Financial Performance INCOME STATEMENT (INR MN) FY19 FY20 FY21 FY22 Operating Income 11,023 14,072 14,018 15,094 Expenses 10,110 12,862 12,067 13,123 Operating EBITDA 913 1,210 1,951 1,971 Operating EBITDA Margins (%) 8.28% 8.60% 13.92% 13.06% Depreciation 181 221 261 268 Finan
Slide 17: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet PARTICULARS (INR MN) FY20 FY21 FY22 PARTICULARS (INR MN) FY20 FY21 FY22 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 147 147 147 (A) Property, Plant and Equipment 1,385 1,421 1,389 (B) Capital Work-in-progress 115 146 200 (B) Ot
Slide 18: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance INCOME STATEMENT (INR MN) FY19 FY20 FY21 FY22 Operating Income 11,623 14,798 14,495 15,769 Expenses 10,557 13,453 12,472 13,637 Operating EBITDA 1,066 1,345 2,023 2,132 Operating EBITDA Margins (%) 9.17% 9.09% 13.96% 13.52% Depreciation 196 235 277 280 F
Slide 19: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet PARTICULARS (INR MN) FY20 FY21 FY22 PARTICULARS (INR MN) FY20 FY21 FY22 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 142 142 142 (A) Property, Plant and Equipment 1,459 1,486 1,446 (B) Other Equity 3,489 4,916 6,414 (B) Capita
Slide 20: Consolidated Financial Performance
Consolidated Financial Performance REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) REVENUE EBITDA PAT 15,769 CAGR 11% CAGR 29% CAGR 42% 14,798 14,495 2,023 2,132 1,617 11,623 1,433 10,549 1,345 1,066 942 770 659 399 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22
Slide 21: Market Data
Market Data (Bloomberg – ION IN, Reuters – IONX.BO) 1 YEAR SHARE PRICE MOVEMENT (UP TO 31st March, 2022) 120% 100% 80% 60% 40% 20% 0% -20% Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Ion Sensex PRICE DATA (As on 31st March, 2022) SHAREHOLDING PATTERN (As on 31
Slide 22: Disclaimer
Disclaimer Ion Exchange (India) Limited 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 e
Slide 23: Thank You
THANK YOU