Gfl Ltd · NSE:GFLLIMITED

Gfl — Gujarat Fluorochemicals — Q4 FY18 Earnings Presentation

24 slides from Gfl's earnings presentation, May 2018

  1. Slide 1: Quarterly Investor Update Q4 & FY18

    QUARTERLY INVESTOR UPDATE GUJARAT FLUOROCHEMICALS LIMITED Q4 & FY18

  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  KEY HIGHLIGHTS  Q4 & FY18 RESULTS HIGHLIGHTS  CONSOLIDATED RESULTS  CHEMICALS BUSINESS  WIND TURBINE MANUFACTURING BUSINESS  WIND FARMING BUSINESS  FILM EXHIBITION BUSINESS  BALANCE SHEET UPDATE  SHAREHOLDING STRUCTURE  FINANCIAL SUMMARY  ANNEXURE 3

  4. Slide 4: Key Highlights

    KEY HIGHLIGHTS  Significant improvement in chemicals business led by higher sales in all segments. CHEMICALS BUSINESS  Chemicals business revenues up 42%, EBITDA up 134%, PAT up 359% in Q4 FY18 vs. Q4 FY17 (YoY)  Results impacted due to temporary downturn in the Indian Wind Power market as a resu

  5. Slide 5: Q4 & FY18 Results

    Q4 & FY18 RESULTS 5

  6. Slide 6: Consolidated Results

    Q4 & FY18 – RESULTS HIGHLIGHTS CONSOLIDATED RESULTS Q4 FY18 YoY ANALYSIS In Rs. Cr REVENUES * EBITDA ** & EBITDA MARGIN PAT # & PAT MARGIN PAT & PAT MARGIN 10.7% 7.3% 21.2% 17.0% 6.3% -4.0% 1,890.2 400.0 202.2 991.7 183 % 62.2 64 % 72.1 48 % 58 % 168.7 -75.1 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Q4 FY17 Q

  7. Slide 7: Consolidated Revenues Breakup

    Q4 & FY18 – RESULTS HIGHLIGHTS CONSOLIDATED REVENUES BREAKUP In Rs. Cr CONSOLIDATED REVENUES – BUSINESS WISE BREAKUP 6,393.0 1,890.2 288.5 1,220.7 12 % 10 % 55.3 223.8 3,921.3 991.7 69 % 16 % 1,019.2 3,415.0 1,348.1 323.6 16.9 189.0 80 % 203.4 86 % 479.8 421.4 42 % 596.5 36 % 2,084.3 1,532.1 105.8 1

  8. Slide 8: Consolidated EBITDA Breakup

    Q4 & FY18 – RESULTS HIGHLIGHTS CONSOLIDATED EBITDA BREAKUP In Rs. Cr CONSOLIDATED EBITDA – BUSINESS WISE BREAKUP 1,205.0 400.0 25.1 146.1 57.8 75 % 201.0 756.6 44 % 168.7 210.4 96 % 67 % 65.9 229.5 43.9 560.4 2.3 113 % 115 % 184.0 595.7 78.6 300.0 134 % 99 % 9.0 -2.5 -34.1 -31.7 -81.3 -29.8 FY17 FY1

  9. Slide 9: Consolidated PAT Breakup

    Q4 & FY18 – RESULTS HIGHLIGHTS CONSOLIDATED PAT BREAKUP CONSOLIDATED PAT # – BUSINESS WISE BREAKUP In Rs. Cr 202.2 484.8 252.4 10.6 1.6 31.9 6.6 72.1 126.3 4075 % 13.6 127.6 68.1 303.3 296 % 65 % 3.7 107 % 333.3 52.4 86.7 144 % 141.0 162 % 10.1 2.0 -33.2 -30.7 65 % 136 % -55.7 -187.6 Q4 FY17 Q4 FY18

  10. Slide 10: Consolidated PAT Breakup

    Q4 & FY18 – RESULTS HIGHLIGHTS CONSOLIDATED PAT BREAKUP CONSOLIDATED PAT – BUSINESS WISE BREAKUP In Rs. Cr 62.2 240.1 -75.1 57.7 214.5 114.6 4.2 274 % 13.0 14.6 30.6 0.3 16868 % 127.6 240.7 105 % 303.3 487.3 102 % 52.4 -55.7 146.3 162 % 144 % 8.2 -184.7 -270.0 -187.2 -273.9 233 % 359 % -187.6 Q4 FY1

  11. Slide 11: Standalone Results

    Q4 & FY18 – RESULTS HIGHLIGHTS STANDALONE RESULTS Q4 FY18 YoY ANALYSIS REVENUES * EBITDA ** & EBITDA MARGIN PAT # & PAT MARGIN PAT & PAT MARGIN 14.5% 12.4% 40.3% 596.5 30.8% 12.4% 18.7% 421.4 240.7 184.0 86.7 359 % 42 % 78.6 134 % 65 % 52.4 52.4 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Q4 FY1

  12. Slide 12: Chemicals Business - Standalone Results

    Q4 & FY18 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS In Rs. Cr Q4 FY18 YoY ANALYSIS - REVENUES BREAKUP FY18 YoY ANALYSIS - REVENUES BREAKUP 596.5 2084.3 100 % 0.0 29.0 73 % 28.7 88.7 62.9 178.9 96 % 63 % 421.4 1532.1 26.9 388 % 199.8 104.5 204 % 14.8 54.4 749.8 12.9 58.9 35 % 47 %

  13. Slide 13: Wind Turbine Manufacturing Business (Inox Wind Limited)

    Q4 & FY18 – RESULTS HIGHLIGHTS WIND TURBINE MANUFACTURING BUSINESS (INOX WIND LIMITED) In Rs. Cr Q4 FY18 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 1,019.2 22.5% -14.6% 12.5% -27.4% 229.5 127.6 144 % 80 % 203.4 113 % -29.8 -55.7 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Q4 FY17 Q4 F

  14. Slide 14: Wind Farming Business (Inox Renewables Limited)

    Q4 & FY18 – RESULTS HIGHLIGHTS WIND FARMING BUSINESS (INOX RENEWABLES LIMITED) Q4 FY18 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT PAT # and PAT MARGIN 104.5% -488.5% 24.8% 19.1% 21.9% 55.3 4.2 13.6% 57.8 10.6 102 % -270.0 69 % 16.9 96 % 65 % 3.7 2.3 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Q4 FY1

  15. Slide 15: Film Exhibition Business (Inox Leisure Limited)

    Q4 & FY18 – RESULTS HIGHLIGHTS FILM EXHIBITION BUSINESS (INOX LEISURE LIMITED) Q4 FY18 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 8.7% 13.6% 17.8% 323.6 0.1% 288.5 43.9 57.7 25.1 12 % 75 % 16868 % 0.3 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Q4 17 Q4 18 EBIDTA EBIDTA % PAT PAT % FY

  16. Slide 16: Balance Sheet Update

    BALANCE SHEET UPDATE In Rs. Cr Consolidated MAR-18 Consolidated MAR-18 Net Non Current Assets Total Debt Chemicals Business 3,242.1 Chemicals Business 749.7 Wind Turbine Manufacturing Business 1,443.0 Wind Turbine Manufacturing Business 1,061.6 Wind Farming Business 384.2 Wind Farming Business 227.0

  17. Slide 17: Shareholding Structure

    SHAREHOLDING STRUCTURE Market Data As on 23.05.2018 (BSE) Share Price Performance 1000.00 Market capitalization (Rs Cr) 8978.59 Price (Rs.) 817.35 900.00 No. of shares outstanding (Cr) 10.99 800.00 Face Value (Rs.) 1.0 700.00 600.00 52 week High-Low (Rs.) 959.0 – 636.55 Dec-17 Jan-18 Feb-18 Mar-18 A

  18. Slide 18: Annexures

    ANNEXURES . ba fan mane fern SPO +i —— 4 i te a se *Mh

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

    DETAILED FINANCIALS STANDALONE P&L STATEMENT Particulars (In Rs Cr) Q4 FY18 Q4 FY17 YoY % Q3 FY18 QoQ % FY18 FY17 YoY % Revenue from Operations 596.5 421.4 41.6% 526.8 13.2% 2,084.3 1,532.1 36.0% Cost of Material Consumed 159.2 100.3 58.7% 132.7 19.9% 539.4 374.4 44.1% Purchases of stock-in-trade 0.

  20. Slide 20: Detailed Financials: Standalone Balance Sheet

    DETAILED FINANCIALS STANDALONE BALANCE SHEET Particulars (Rs Cr) Mar-18 Mar-17 Particulars (Rs Cr) Mar-18 Mar-17 Share Holders’ Funds: Non-current Assets: Equity Share Capital 11.0 11.0 Property, Plant & Equipment 1,864.6 1,858.0 Capital Work-in-progress 343.7 139.2 Other Equity 3,468.1 3,025.4 Inve

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

    DETAILED FINANCIALS CONSOLIDATED P&L STATEMENT Particulars (In Rs Cr) Q4 FY18 Q4 FY17 YoY % Q3 FY18 QoQ % FY18 FY17 YoY % Revenue from Operations 991.7 1,890.2 -47.5% 969.0 2.3% 3,921.3 6,393.0 -38.7% Cost of Material Consumed 190.2 565.0 -66.3% 168.7 12.7% 672.3 2,368.2 -71.6% Purchases of stock-in

  22. Slide 22: Detailed Financials: Consolidated Balance Sheet

    DETAILED FINANCIALS CONSOLIDATED BALANCE SHEET Particulars (Rs Cr) Mar-18 Mar-17 Particulars (Rs Cr) Mar-18 Mar-17 Share Holders’ Funds: Non-current Assets: Equity Share Capital 11.0 11.0 Property, Plant & Equipment 3,702.7 3,384.5 Other Equity 4,755.8 4,507.3 Capital Work-in-progress 724.3 410.2 In

  23. Slide 23: Group Overview: Strong Pedigree

    GROUP OVERVIEW STRONG PEDIGREE USD $3 Billion Inox Group 90 Year track record of 10,000+ employees at 150+ Distribution network spread diversified across 6 different consistent business growth business units across India over 50+ countries businesses Listed Companies Other Key Companies Gujarat Fluo

  24. Slide 24: For Further Queries

    FOR FURTHER QUERIES: Deepak Asher Director and Group Head (Corporate Finance) Email : deepakasher@gfl.co.in Bhavin Desai Company Secretary Email : bvdesai@gfl.co.in 24

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