Slide 1: FY 2016 Results Presentation
FY 2016 Results Presentation June 2016 1
Slide 2: Consolidated FY16 Performance Highlights
Consolidated FY16 Performance Highlights Revenue Operating Income -4% Rs. 7,226 Crs 55% Rs. 1,010 Crs Operating Margin PAT after MI 530 bps 13.9% 115% Rs. 371 Crs Lower raw material cost passed on to Continued Improvement in Jindal Films customers resulting in lower revenues operations 2
Slide 3: Consolidated FY16 Performance Highlights
Consolidated FY16 Performance Highlights • Revenue at Rs 7,226 Crores led by Operating Revenue Rs Crs – Jindal Films 62.6% of sales – JPFL stand alone 36.6% of sales -4% – Global Nonwovens Ltd 0.8% of sales 7,539 7,226 • Operating income at Rs 1,010 Crores a growth of 55% – Led by improved operating
Slide 4: Business Evolution
Business Evolution Reorganization 2014 – 2016 • Merged Manufacturing business of Jindal Photo • 14,000 TPA Coater plant commissioned • Received BRC Packaging and Packaging Materials – Standard Certified at Nasik Facility Acquired – Exxon Mobil BOPP films Business • Another 8.7 meter, thin PET film l
Slide 5: Business Structure
Business Structure FY 16 Operating Revenues Jindal Poly Films Leader in BOPP and BOPET films in India JPFL - India 36.6% Jindal Films 62.6% Jindal Films Acquired BOPP films business Others 0.8% Leader in BOPP films in US and Europe, specialising in metalized and coated films 5
Slide 6: Business Details
Business Details 6
Slide 7: Our Manufacturing Setup
Our Manufacturing Setup Number of lines BOPET BOPP Coating Metalizing Non-Woven India - Nasik 5 lines 6 lines 2 lines 10 lines 1 Line Europe - 9 lines 5 lines 2 lines - United States - 6 lines 3 lines 1 lines - Total Installed Capacity 1,27,000 TPA 4,25,000 TPA 18,000 TPA Scheduled Capacity Addition
Slide 8: Speciality Films
Speciality Films Coated Films / BOPET BOPP Metalized Films Improves shelf life of Vacuum deposits of Aluminum on Product product and increases Higher moisture retention BOPET and BOPP Films to provide Characteristic product appeal properties, easy to recycle better barrier / Provides advanced barrie
Slide 9: Global Nonwovens Ltd
Global Nonwovens Ltd Polypropylene based nonwoven packaging solutions NonWovens with REICOFIL Germany Technology SS Rolls – Weight 10 – 17 GSM 60% Our Range SMS Rolls – Weight 12 – 55 GSM 40% Applications Hygiene and medical applications Nasik – plant commissioned on 1st July 2015, Capacity Capacity
Slide 10: Financial & Operating performance
Financial & Operating performance 10
Slide 11: Consolidated Financials: Q4 & FY16
Consolidated Financials: Q4 & FY16 Quarterly Yearly Particulars (Rs. in Crores) Q4FY16 Q4FY15 YoY % FY16 FY15 YoY % 1,802 1,769 2% Revenue 7,226 7,539 -4% 1,564 1,586 Operating Cost 6,215 6,888 238 184 29% Operating Income 1,010 650 55% 13.2% 10.4% Operating Income Margin 14.0% 8.6% 3 5 Other Income
Slide 12: Standalone Financials: Q4 & FY16
Standalone Financials: Q4 & FY16 Quarterly Yearly Particulars (Rs. in Crores) Q4FY16 Q4FY15 YoY % FY16 FY15 YoY % 631 666 -5% Revenue 2,644 2,756 -4% 575 570 Operating Cost 2,271 2,469 56 96 -42% Operating Income 374 287 30% 8.8% 14.4% Operating Income Margin 14.1% 10.4% 13 20 Other Income 34 40 16
Slide 13: Jindal Films (US & Europe) - P&L Statement
Jindal Films (US & Europe) - P&L Statement USD Million FY16 FY15 Financials as per EU – IFRS Revenue 691 791 Substantial improvement in Operating Cost 606 732 profitability since acquisition Operating Income 85 60 USD 85 Mn Operating Income Margin 12.3% 7.6% USD 60 Mn Depreciation 29 32 Finance Cost
Slide 14: Jindal Films (US & Europe) - Balance Sheet
Jindal Films (US & Europe) - Balance Sheet USD Million Mar ‘16 Mar ‘15 Financials as per EU – IFRS Shareholders Funds 177 129 Total Non-current Liabilities 156 175 Debt & finance 85 98 Other Long- term Liabilities 71 78 Total Current Liabilities 169 159 Debt & financing 45 55 Accounts payable 68 65
Slide 15: Managing Debt at Comfortable Levels
Managing Debt at Comfortable Levels • Global Non Woven project under TUFS with interest and capital subsidy • FY16 Financing Developments – – Refinancing of the acquisition loan of USD 93 Mn with a new loan from a consortium of Indian, European Banks and American Banks – The same has resulted in ove
Slide 16: Balance Sheet
Balance Sheet Standalone Consolidated Particulars (Rs. in Crores) Mar ‘16 Mar ‘15 Mar ’16 Mar ‘15 Shareholders Funds 1,805 1,543 Net Worth 2,395 1,775 Minority Interest 641 468 564 436 Total Non-current Liabilities 1870 1954 370 256 Long-term borrowings 1,249 1,229 193 180 Other Long- term Liabiliti
Slide 17: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jindal Poly Films Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit