Slide 1: Earning Presentation H1 / Q2 FY 2022
Earning Presentation H1 / Q2 FY 2022 BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 ©2021, Time Technoplast Ltd., All Rights Reserved
Slide 2: Management Commentary
“ Overall recovery has been quicker after the second wave and the Company has seen significant improvement in the performance with revenue growth of 21% Q-O-Q and 23% Y-O-Y. The performance this quarter was thus strong despite an increase in prices of key raw materials M A N A G E M E N T C O M M E
Slide 3: Agenda
Agenda Financial Company 01 02 03 Appendix Highlights Overview © 2021 Time Technoplast Limited, All Rights Reserved. 3
Slide 4: Financial Highlights
01 Financial Highlights © 2021 Time Technoplast Limited, All Rights Reserved. 4
Slide 5: Q2FY22 Financial Snapshot
Q2FY22 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas YoY Growth 23% YoY Growth 42% Volume Growth (16% YoY) 15% 16% 9,150 1,312 Revenue Growth (23% YoY) 21% 27% 7,444 7,547 1,009 926 Revenue Contribution 68% 32% 21% 14.3% 13.4% 30% QoQ Growth 12.4% EBI
Slide 6: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 6,000 18.00% 14.1% 9,000 14.8% 12.3% 5,000 12.7% 21% 28% 6,152 YoY 4,000 YoY 6,000 5,100 2,993 Revenue 3,000 Revenue Share 2,337 Share 67% 2,000 33% 3,000 1,000 0 0.00% 0
Slide 7: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products* Value Added Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 15,000 6,000 13.5% 5,000 12,000 11.6% 17.4% 23% 18.00% 24% 4,000 15.6% YoY YoY 9,000 7,129 Revenue 3,000 Revenue 6,000 5,819 Share Share 2
Slide 8: H1FY22 Financial Snapshot
H1FY22 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 37% Volume Growth (32% YoY) 32% 33% YoY Growth YoY Growth 58% Revenue Growth (37% YoY) 37% 37% 16,697 2,321 12,199 Revenue Contribution 65% 35% 1,468 13.9% 12.0% EBITDA Margin 13.9% 13.8% PAT Margin
Slide 9: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 18,000 10,000 18.00% 13.8% 9,000 15,000 14.2% 12.0% 8,000 35% 12.2% 41% 7,000 12,000 11,402 YoY YoY 6,000 5,287 9,000 8,434 Revenue 5,000 Revenue Share 4,000 3,756 Share 6
Slide 10: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products* Value Added Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 10,000 24,000 13.1% 9,000 21,000 8,000 11.2% 16.9% 18,000 37% 7,000 18.00% 35% 15.2% YoY YoY 15,000 6,000 13,141 12,000 Revenue 5,000 Reve
Slide 11: Product Segment Wise Performance
Product Segment Wise Performance Value Volume Y-o-Y Y-o-Y H1FY22 H1FY21 Growth Growth Particulars Unit H1FY22 H1FY21 (₹ Cr.) (₹ Cr.) % % TURNOVER REGULAR BUSINESS Packaging (Excl. IBC Business ), Lifestyle , Auto , Batteries 12,248 8,906 37.5 M.T. 101,272 76,711 32.0 Business etc. PE Pipes 893 658 3
Slide 12: H1FY22 Highlights
H1FY22 Highlights Total capex in H1FY22 ₹ 732 Mn. Established Products for capacity expansion, re-engineering and automation ₹ 403 Mn. Value Added Products ₹ 330 Mn. Capacity utilization: Overall 72% (India: 67%; Overseas: 78%) Management focus on improving Working Capital cycle time to continue
Slide 13: H1FY22 Highlights
H1FY22 Highlights MOX Films Company innovating new applications of the MOX films and is launching new products in the market like Truck covers, Pond Liners, Mulching Film, Poly house Films and Films for Agricultural use. Continued focus on export markets of Thailand, Malaysia, Germany UK & USA.
Slide 14: H1FY22 Highlights
H1FY22 Highlights Composite Cylinder- CNG application (on-board) During the month of May 2021, the Company has finally received approval from PESO and Bureau Veritas under ISO: 11439-2013 as applicable for manufacturing of Fully Wrapped Carbon Fibre Reinforced Type-IV Composite Cylinder for On Boa
Slide 15: Company Overview
02 Company Overview © 2021 Time Technoplast Limited, All Rights Reserved. 15
Slide 16: Time Technoplast
Time Technoplast Business Mix Time Technoplast Limited (Time Tech) is Established Products Value-Added Products a multinational company and one of the leading manufacturer of technology based polymer and composite products Industrial Packaging Infrastructure Technical & Lifestyle Intermediate Comp
Slide 17: Innovative and Tech Oriented Products
Innovative and Tech Oriented Products Industrial Packaging Infrastructure Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Innovative Polymer Products Focus on Innovative & Tech Devices oriented polymer products and have several firsts to our credit- Auto Components a
Slide 18: Appendix
03 Appendix © 2021 Time Technoplast Limited, All Rights Reserved. 18
Slide 19: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Mn) Q2FY22 Q2FY21 H1FY22 H1FY21 FY21 Total Income 9,150 7,444 16,697 12,199 30,087 Total Expenses 7,838 6,518 14,376 10,731 26,178 EBITDA 1,312 926 2,321 1,468 3,909 EBITDA Margin (%) 14.3% 12.4% 13.9% 12.0% 13.0% Finance Cost (Net) 230 247 464 500 977 De
Slide 20: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) H1FY22 FY21 FY20 Particulars (₹ Mn) H1FY22 FY21 FY20 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 226 Non-Current Assets Other Equity 19,437 18,803 17,925 Fixed Assets Total Shareholder's Fund 19,663 19,029 18,151 Property, Plant
Slide 21: Consolidated Cash Flow
Consolidated Cash Flow Particulars (₹ Mn) H1FY22 FY21 FY20 Net cash flow from operating activities 1,108 2,570 3,012 Profit before tax & extraordinary items 1,081 1,422 2,367 Depreciation 776 1,510 1,562 Interest 464 977 1,082 Others 34 (25) 91 Working Capital Changes (1035) (972) (1,466) Tax Paymen
Slide 22: Capital Market Information
Capital Market Information Marquee Investors as on 30th September 2021 (% of Total Equity) Promoter NT Asian Discovery Fund 14.6 51% HDFC Trustee 9.0 Grandeur Peak 2.3 17% Public Life Insurance Corporation of India 1.6 21% 11% Kapitalforeningen Investin Pro - Dalton 1.1 FIIs and Foreign Mutual Funds
Slide 23: Safe Harbour
SAFE HARBOUR Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
Slide 24: For further information, please contact
For further information, please contact: Mr. Digvijay Singh Rathore Mr. Siddesh Chawan Manager – Investor Relations Christensen Advisory +91 22 7111 9304 +91 22 4215 0210 digvijay.rathore@timetechnoplast.com schawan@christensenir.com © 2021 Time Technoplast Limited, All Rights Reserved. “Time Techno