Gfl Ltd · NSE:GFLLIMITED

Gfl — Gujarat Fluorochemicals — Q3 FY2018 Earnings Presentation

22 slides from Gfl's earnings presentation, February 2018

  1. Slide 1: Quarterly Investor Update Q3 & 9M FY18

    QUARTERLY INVESTOR UPDATE GUJARAT FLUOROCHEMICALS LIMITED Q3 & 9M FY18 1

  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  Q3 & 9M 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 Refrigerant, PTFE and VAP segments. CHEMICALS BUSINESS  Chemicals business revenues up 51%, EBITDA up 127%, PAT up 273% in Q3 FY18 vs. Q3 FY17 (YoY)  Results impacted due to temporary downturn in the Indian Wind

  5. Slide 5: Q3 & 9M FY18 Results

    Q3 & 9M FY18 RESULTS 5

  6. Slide 6: Consolidated Results

    Q3 & 9M FY18 – RESULTS HIGHLIGHTS CONSOLIDATED RESULTS Q3 FY18 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT & PAT MARGIN 1,837.0 16.5% 19.1% 6.2% 6.1% 969.0 303.1 114.6 185.5 59.5 47 % 39 % 48 % Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 EBIDTA EBIDTA % PAT PAT % 9M FY18 YoY ANALYSIS RE

  7. Slide 7: Consolidated Revenues Breakup

    Q3 & 9M FY18 – RESULTS HIGHLIGHTS CONSOLIDATED REVENUES BREAKUP In Rs. Cr CONSOLIDATED REVENUES – BUSINESS WISE BREAKUP 1,837.0 4,502.7 298.0 932.2 28.7 9% 10 % 2929.6 168.5 969.0 5% 2% 1,160.6 2,395.8 1,024.5 325.9 92 % 30.0 88 % 172.1 90.9 276.4 51 % 526.8 34 % 1,487.8 349.5 1,110.7 0.3 -4.7 -104.

  8. Slide 8: Consolidated EBITDA Breakup

    Q3 & 9M FY18 – RESULTS HIGHLIGHTS CONSOLIDATED EBITDA BREAKUP In Rs. Cr CONSOLIDATED EBITDA – BUSINESS WISE BREAKUP 303.1 805.0 31.7 121.0 20.8 46 % 38 % 587.9 185.5 143.3 166.6 69 % 46.3 56 % 184.1 6.5 63.6 330.8 110 % 116 % 152.8 411.7 127 % 86 % 67.3 221.4 -0.7 -18.6 -1.5 -11.5 -51.6 -2.3 Q3 FY17

  9. Slide 9: Consolidated PAT Breakup

    Q3 & 9M FY18 – RESULTS HIGHLIGHTS CONSOLIDATED PAT BREAKUP In Rs. Cr CONSOLIDATED PAT – BUSINESS WISE BREAKUP 114.6 289.6 177.9 3.8 59.5 250 % 30.3 56.9 88 % 8.8 13.2 107.5 96 % 175.7 322 % 143 % 94.7 246.7 175 % 25.4 273 % 93.9 1.0 163 % -23.0 -1.3 -4.0 -6.3 -2.6 -46.1 -132.0 -0.9 Q3 FY17 Q3 FY18 9

  10. Slide 10: Chemicals Business - Standalone Results

    Q3 & 9M FY18 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q3 FY18 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT & PAT MARGIN 526.8 18.0% 29.0% 7.3% 19.2% 349.5 94.7 152.8 51 % 67.3 127 % 25.4 273 % Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 PAT PAT % EBIDTA EBIDTA % 9M FY

  11. Slide 11: Chemicals Business - Standalone Results Revenue Breakup

    Q3 & 9M FY18 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS In Rs. Cr Q3 FY18 YoY ANALYSIS - REVENUES BREAKUP 9M FY18 YoY ANALYSIS - REVENUES BREAKUP 526.8 1487.8 0.0 22.4 28.7 59.6 41.5 50 % 1110.7 116.0 349.5 65 % 152 % 191.2 77.7 25.0 213 % 39.7 549.9 13.6 46.0 52 % 13.3 60 % 361.6

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

    Q3 & 9M FY18 – RESULTS HIGHLIGHTS WIND TURBINE MANUFACTURING BUSINESS (INOX WIND LIMITED) Q3 FY18 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 1,160.6 15.9% 9.3% -50.7% -20.5% 184.1 107.5 143 % 92 % 110 % 90.9 -46.1 -18.6 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 EBIDT

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

    Q3 & 9M FY18 – RESULTS HIGHLIGHTS WIND FARMING BUSINESS (INOX RENEWABLES LIMITED) Q3 FY18 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT 72.6% -80.3% -3.1% 28.7 30.0 21.6% 20.8 -0.9 5% 69 % 96 % 6.5 -23.0 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 EBIDTA EBIDTA % PAT PAT % 9M FY18 YoY A

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

    Q3 & H1 FY18 – RESULTS HIGHLIGHTS FILM EXHIBITION BUSINESS (INOX LEISURE LIMITED) Q3 FY18 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 325.9 14.2% 4.0% 298.0 10.6% 1.3% 46.3 13.2 31.7 9% 46 % 250 % 3.8 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 EBIDTA EBIDTA % PAT PAT %

  15. Slide 15: Shareholding Structure

    SHAREHOLDING STRUCTURE Share Price Performance Market Data As on 05.02.2018 (BSE) 1000.00 Market capitalization (Rs Cr) 8684.85 900.00 Price (Rs.) 790.25 800.00 No. of shares outstanding (Cr) 10.99 700.00 Face Value (Rs.) 1.0 600.00 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 52 week High-Low (Rs.) 959.0 – 4

  16. Slide 16: Annexures

    ANNEXURES 16

  17. Slide 17: Detailed Financials: Standalone P&L Statement

    DETAILED FINANCIALS STANDALONE P&L STATEMENT Particulars (In Rs Cr) Q3 FY18 Q3 FY17 YoY % Q2 FY18 QoQ % 9M FY18 9M FY17 YoY % Total Income from Operations 526.8 349.5 50.8% 458.6 14.9% 1,487.8 1,110.7 34.0% Cost of Material Consumed 132.7 87.0 52.6% 132.4 0.3% 380.2 274.1 38.7% Purchases of stock-in

  18. Slide 18: Detailed Financials: Standalone Balance Sheet

    DETAILED FINANCIALS STANDALONE BALANCE SHEET Particulars (Rs Cr) DEC-17 Particulars (Rs Cr) DEC-17 Share Holders’ Funds: Non-current Assets: Equi ty Share Capi tal 11.0 Property, Pl ant & Equi pment 1,863.4 Capi tal Work-i n-progres s 227.4 Other Equi ty 3,226.5 Investment Property 10.6 Total of Sha

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

    DETAILED FINANCIALS CONSOLIDATED P&L STATEMENT Particulars (In Rs Cr) Q3 FY18 Q3 FY17 YoY % Q2 FY18 QoQ % 9M FY18 9M FY17 YoY % Total Income from Operations 969.0 1,837.0 -47.3% 875.4 10.7% 2,929.6 4,502.7 -34.9% Cost of Material Consumed 168.7 897.0 -81.2% 152.7 10.5% 482.1 1,885.2 -74.4% Purchases

  20. Slide 20: Detailed Financials: Consolidated Balance Sheet

    DETAILED FINANCIALS CONSOLIDATED BALANCE SHEET Particulars (Rs Cr) DEC-17 Particulars (Rs Cr) DEC-17 Share Holders’ Funds: Non-current Assets: Property, Pl ant & Equi pment 3,375.8 Equi ty Share Capital 11.0 Capi tal Work-i n-progres s 592.6 Other Equity 4,664.2 Inves tment Property 10.0 Total of Sh

  21. Slide 21: 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

  22. Slide 22: 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 22

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