Filatex India Ltd · NSE:FILATEX
Filatex India — Q3 FY2023 Earnings Presentation
25 slides from Filatex India's earnings presentation, February 2023
Slide 1: Investor Presentation
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | INVESTOR PRESENTATION FEBRUARY 2023 FILATEX INDIA LIMITED
Slide 2: Inside the Presentation
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 2 03 QUARTER & 9 MONTHS HIGHLIGHTS INSIDE THE 09 INDUSTRY TRENDS PRESENTATION 13 GROWTH WITH PURPOSE 16 FINANCIAL HIGHLIGHTS 19 ANNEXURES
Slide 3: Quarter & 9 Months Highlights
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 3 QUARTER & 9 MONTHS HIGHLIGHTS
Slide 4: Key Message
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 4 KEY MESSAGE “China’s continued zero-Covid policy adversely impacted the Indian Polyester industry. Low domestic consumption in China compelled Chinese polyester manufacturers to flood Indian markets as well as international markets at very lo
Slide 5: Summary of Profit and Loss Statement
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 5 SUMMARY OF PROFIT AND LOSS STATEMENT Quarterly Profit & Loss Statement KEY PERFORM A N C E M ET RIC S Q3FY 23 Q2FY 23 Q3FY 22 QoQ Y oY Revenue from operations 1,070.38 1163.42 1,074.22 (8.00%) (0.36%) INR 1070.38 CRORES Revenue Other Income (
Slide 6: Summary of Profit and Loss Statement
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 6 SUMMARY OF PROFIT AND LOSS STATEMENT 9 Months Profit & Loss Statement KEY PERFORM A N C E M ET RIC S 9M FY 23 9M FY 22 Y oY Revenue from operations 3257.09 2738.08 18.96% INR 3257.09 CRORES Revenue Other Income 10.79 22.30 (51.61%) Total Inco
Slide 7: Operational Metrics
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 7 OPERATIONAL METRICS Q3FY23 vs Q2FY23 PRODUCTION 9MFY23 vs 9MFY22 Indian traders and consumers have PRODUCTION imported over 2,50,000 MT of 99,969 MT 2,82,587 MT polyester filaments in the last nine months. Despite large volumes of 97,169 MT i
Slide 8: Industry Trends
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 8 INDUSTRY TRENDS
Slide 9: World Fibre Production (2008-2021)
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 9 WORLD FIBRE PRODUCTION (2008-2021) Production Capacity (in 1000MT) FIBRES 2008 % 2021 % C A GR GROWT H N A T URA L FIBRES Polyester is the most widely used fibre worldwide. Raw Cotton 23,584 31.47 24,700 21.94 0.39 1,116 With an annual produc
Slide 10: Growth Drivers for Indian MMF Industry
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 10 GROWTH DRIVERS FOR INDIAN MMF INDUSTRY PER-CAPITA CONSUMPTION OF ALL FIBRES (IN KGS) North America 36.9 SHIFT IN DEMAND INCREASING ONLINE LOWER THAN WORLD Australia 28.6 TOWARDS MMF TREND AVERAGE PER CAPITA FIBRE The global textiles business
Slide 11: Policy Initiatives
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 11 POLICY INITIATIVES The Government of India has taken several strategic steps to boost the manufacturing of man-made fibres in India 7 MEGA TEXTILE PARKS The government has approved setting up Included synthetic seven mega textile parks under
Slide 12: Growth with Purpose
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 12 GROWTH WITH PURPOSE
Slide 13: Being a Responsible Corporate Citizen
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 13 BEING A RESPONSIBLE CORPORATE CITIZEN FOCUS ON RENEWABLE ENERGY The Company currently sources power from rooftop solar power plants at both its plants, with 1 MW at Dahej and 0.91 MW at Dadra. Committed to further reducing its carbon emissio
Slide 14: Growing with Our Communities
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 14 GROWING WITH OUR COMMUNITIES SUPPORTING THOSE IN NEED DURING THE PANDEMIC Filatex prioritises sustainability and social responsibility as much as the business. The Company continues to fulfil its role as a responsible corporate citizen by in
Slide 15: Financial Highlights
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 15 FINANCIAL HIGHLIGHTS
Slide 16: Financial Performance (1/2)
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 16 FINANCIAL PERFORMANCE (1/2) REVENUE FROM OPERATIONS EBITDA (IN INR CRORE) INR 3828.09 CRORES (IN INR CRORE) INR 531.10 CRORES 1,974.45 2,874.10 2,782.07 2,227.15 3,828.09 156.55 216.52 222.13 347.34 531.10 The company has focused on The comp
Slide 17: Financial Performance (2/2)
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 17 FINANCIAL PERFORMANCE (2/2) DEBT TO EQUITY RATIO INTEREST COVERAGE RATIO (IN TIMES) 0.33x (IN TIMES) 24.47x 1.85 1.28 1.21 0.77 0.33 Improved profitability and healthy 4.22 6.07 4.46 7.73 24.47 Consistent growth in operating margins cashflow
Slide 18: Annexures
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 18 ANNEXURES
Slide 19: Company Overview
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 19 COMPANY OVERVIEW Filatex India Limited is among the country’s leading manufacturers of Polyester Filament Yarn focused on capitalising synergies created through its integrated business model. 30+ YEARS Experience in manufacturing yarn Driven
Slide 20: Production Capacities
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 20 PRODUCTION CAPACITIES Annual Production Capacities FY23 (in MT) 4,01,040* TONNES Total Capacity *Post expansions in FY23 PA RT IC UL A RS PROD UC T ION C A PT IVE US E N ET C A PA C IT Y Polyester Chips Polyester DTY Polypropylene Polyester
Slide 21: Growth Through Value Addition
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 21 GROWTH THROUGH VALUE ADDITION 2016 2019 The company has made a planned effort to steadily increase its product offering. It has focused on improving its value-added product portfolio in the last 5-6 years. 2017 2020 The expansion in DTY and
Slide 22: Our Products
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 22 OUR PRODUCTS 2022 POLYESTER CHIPS: Industrial intermediate product used to manufacture Polyester yarns. FULLY DRAWN YARNS /FDY: Fully drawn polyester filament yarn is directly used for producing all kinds of fabrics specially for children an
Slide 23: Catering to Diverse End-Users
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 23 CATERING TO DIVERSE END-USERS HOME TEXTILES & FURNISHINGS WOMEN INNER WEAR INDUSTRIAL USE CASES OUTDOOR CLOTHING & ATHLEISURE WIDE-RANGE OF APPARELS
Slide 24: Disclaimer
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 24 DISCLAIMER This investor presentation has been prepared by Filatex India Limited and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information
Slide 25: Filatex India Limited
Q3 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | FILATEX INDIA LIMITED BHAGERIA HOUSE, 43 Community Centre, New Friends Colony, New Delhi –110025 P: +91-11-26312503 E: ir@filatex.com BSE: 526227 | NSE: FILATEX ISIN: INE816B01035 CIN: L17119DN1990PLC000091 www.filatex.com