Time Technoplast Limited · NSE:TIMETECHNO

Time Technoplast — Investor Presentation (June 2020)

29 slides from Time Technoplast's investor presentation, June 2020

1. Slide 1: Investor Presentation

   Investor Presentation June 2020 BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 ©2020, Time Technoplast Ltd., All Rights Reserved

2. Slide 2: Time Techno at a Glance

   Time Techno at a Glance Revenues by Product Category (FY20) FY20 Financial Highlights REVENUES EBITDA PAT ₹35,803Mn ₹5,011 Mn ₹1,691Mn 0.4% (4.9)% (16.6)% 3% Worldwide Ranking Packaging 4% Batteries Plastic Drums, Jerry cans, Pails 5% Largest 2nd Largest 3rd Largest 60% 9% Large size Plastic Drums C

3. Slide 3: Investment Rationale

   Investment Rationale Enjoys Rating of “AA-“from renowned global rating company (CRISIL Ltd) for banking facilities Extensive R&D facility enabling the Company to develop New products under development and approval process new innovative products as a replacement for metal with approving authority su

4. Slide 4: 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

5. Slide 5: Product Portfolio

   Product Portfolio Revenue Share – FY20 Brand Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Product Devices Established Products Established Products Brand Rain Flaps Fuel Tanks Mats 81% Product 19% Value-Added Products Brand Value-Added Product Composite Composite

6. Slide 6: Key Milestones

   Key Milestones 1992 - 2000 2001 - 2006 2007 - 2010 2011 - 2019 Turnover ₹1 Bn ₹5 Bn ₹10 Bn ₹15 Bn ₹36 Bn 1999 2008 2010 2012 2019  Incorporated Pvt. Ltd. Company  Launched Automotive related  Got listed on NSE & BSE  Green field manufacturing set up  Production facilities in western Products 

7. Slide 7: Board of Directors

   Board of Directors Mr. Anil Jain Mr. Bharat Vageria Mr. Raghupathy Thyagarajan Mr. Naveen Jain Managing Director Whole Time Director, Finance Whole Time Director, Marketing Whole Time Director, Technical  Degrees in Science, Engineering  Degree in Commerce and a Fellow  Degree in Science and Mast

8. Slide 8: Meet The Team

   Meet The Team Key Management Personnel Mr. Hemant Soni Mr. Prashant Joshi Mr. Rajendra Badve Mr. Mangesh Sarfare Head- Legal & Company Secretary Chief Operating Officer Chief Technology Officer Chief Project Officer Total exp: 13 years (Time: 1 year) Total exp: 31 years (Time: 27 years) Total exp: 3

9. Slide 9: Geographical Presence

   Geographical Presence Manufacturing Presence Annual Installed Capacity India Overseas Total in 11 Countries 20 Manufacturing Plastic Products ( ‘000 MT) 216.5 86.4 302.9 locations in India to meet local demand Jammu IBC (‘000 Nos) 270 960 1,230 PE Pipes (‘000 MT) 53 - 53 Baddi Composite Cylinders (‘

10. Slide 10: Global Marquee Customers

    Global Marquee Customers Corporate Overview Business / Industry Overview Financial Overview Appendix 10

11. Slide 11: Research and Development

    Research and Development Product Re-engineering Continuous efforts towards Process Re-engineering reduction in material and Making processes more energy Dedicated team of more 1% of the total turnover Dedicated lab with state of energy consumption. efficient and using optimized than 30 people for sp

12. Slide 12: Value added products under development

    Value added products under development New Generation PU Cylinders UREA / AdBlue Tanks The new LPG Cylinder is TYPE IV composite cylinder with One of the latest techniques used to clean up diesel PU (Polyurethane) casing. With a brand-new compact emissions is known as Selective Catalytic Reduction (

13. Slide 13: Established Products - Industrial Packaging

    Established Products - Industrial Packaging  TimeTech produces Polymer drums / barrels, Jerry cans and Pails for varied packaging requirements.  The Company uses technologies of polymer processing such as blow moulding, injection moulding and extrusion to produce a wide range of products.  These

14. Slide 14: Industrial Packaging Industry – Market & Development

    Industrial Packaging Industry – Market & Development Market Drivers Emerging Packaging Scenario  Shift from metal to polymer packaging due to technical and operational  Multinational companies looking east for  The global market for industrial advantages and lower costs. lower cost of production.

15. Slide 15: Established Products - Infrastructure

    Established Products - Infrastructure High Density Polyethylene (HDPE) Pipes & Double Wall Corrugated (DWC) Pipes  TimeTech manufactures valve-regulated lead-  HDPE pipes are capable of handling semi-solid & gaseous  Double layer Pipe with outer layer having corrugation and acid (VRLA ) Batteries

16. Slide 16: Established Products - Technical & Lifestyle

    Established Products - Technical & Lifestyle Turf & Matting Disposal Bins Auto Components  TimeTech is one of the leading players in the matting  Disposal Bins a necessity for hygienic life and  Rain flaps consists of unique surface formed by segment. TTL has been delivering value for money made

17. Slide 17: Value Added Products – Intermediate Bulk Containers - IBC

    Value Added Products – Intermediate Bulk Containers - IBC Range:  1,000 Ltr capacity  2.7 Lakh units p.a. in India and Capacity:  8.4 Lakh units p.a. overseas Users:  Petrochemicals, Foods, Solvents, etc.  Space Efficiency, Eliminate Waste, Durability and Features: Eco-friendly.  Rapid growth

18. Slide 18: Value Added Products - Composite Cylinders

    Value Added Products - Composite Cylinders Range:  2kg – 22 kg capacity (largest in the world) Capacity:  1.4 Mn units p.a.  Household, Industrial, Trawlers, Caravans, BBQ, Users: Street Cooking, etc.  Explosion Proof, Non-Corrosive, Light and Features: Efficient, and Low Maintenance.  Received

19. Slide 19: Value Added Products – MOX Film

    Value Added Products – MOX Film Range:  35 to 320 GSM thickness Capacity:  12,000 MT p.a.  Agriculture, Infrastructure, Packaging, Users: Commercial Vehicles and many more  Tear/Puncture Resistant, 100% Waterproof, Features: Weathering Resistant, UV Resistant, and Chemical Resistant.  The size

20. Slide 20: FY20 Highlights

    FY20 Highlights Total Income (₹ Mn) EBITDA (₹ Mn) Revenue Share- FY20 Value (4.9)% Added 0.4% Products 35,670 35,803 5,267 5,011 19% YoY Growth YoY Growth Established Products 81% FY19 FY20 FY19 FY20  Revenue growth achieved: 0.4 % (India: (0.2)%; Overseas: 2%)  Volume growth achieved: 4% (India:

21. Slide 21: Strategic Direction towards Value Added Products

    Strategic Direction towards Value Added Products Established Products* Value Added Products* Revenue Share Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) Revenue Share- FY17 35,000 Value Added 18.7% Products, 18.6% 13% 14.6% 29,033 28,962 6,842 15.00% 6,636 25,528 13.1% 5,521 17

22. Slide 22: Consolidated Financials Highlights

    Consolidated Financials Highlights Total Income (₹ Mn) EBITDA (₹ Mn) PAT (₹ Mn) 35,670 35,803 5,267 5,011 2,027 4,752 1,804 1,691 31,049 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 Total Debt To Equity (X) EPS (₹) ROCE % 0.52 8.96 15.7% 16.0% 7.98 0.50 7.46 13.4% 0.46 FY18 FY19 FY20 FY18 FY19 FY20

23. Slide 23: Capital Market Information

    Capital Market Information Marquee Investors as on 31st March, 2020 (% of Total Equity) Public NT Asian Discovery Fund 15.1 13% Mutual Funds HDFC Trustee 9.0 11% Promoter 51% Kapitalforeningen Investin Pro - Dalton 3.8 25% Grandeur Peak 3.6 FIIs. & Foreign Companies Reliance Capital Trustee Co. Ltd.

24. Slide 24: As a part of environmental responsibility

    As a part of environmental responsibility Amta Plant, Kolkata Mahad Plant, Maharashtra Installed Solar Panels at Amta, Kolkata plant with 531 KW capacity Installed Solar Panels at Mahad Plant with 95 KW capacity Corporate Overview Business / Industry Overview Financial Overview Appendix 24

25. Slide 25: Consolidated Quarterly Income Statement

    Consolidated Quarterly Income Statement Particulars (INR Mn) Q4-FY20 Q4-FY19 Y-o-Y FY20 FY19 Y-o-Y Total Income 9,171 10,844 (15.4) % 35,803 35,670 0.4 % Total Expenses 7,980 9,124 30,792 30,403 EBITDA 1,191 1,720 (30.8) % 5,011 5,267 (4.9) % EBITDA Margin (%) 12.99% 15.86% (287) Bps 14.00% 14.77% (

26. Slide 26: Historical Consolidated Income Statement

    Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY19 FY18 Total Income 35,803 35,670 31,049 Total Expenses 30,792 30,403 26,297 EBITDA 5,011 5,267 4,752 EBITDA Margin (%) 14.00% 14.77% 15.30% Finance Cost(Net) 1,082 986 875 Depreciation 1,562 1,461 1,372 PBT 2,367 2,820 2,505 Tax

27. Slide 27: Consolidated Balance Sheet

    Consolidated Balance Sheet Particulars (INR Mn) FY20 FY19 FY18 Particulars (INR Mn) FY20 FY19 FY18 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 226 Non-Current Assets Other Equity 17,925 16,466 14,605 Fixed Assets Total Shareholder's Fund 18,151 16,692 14,831 Property, Plant

28. Slide 28: Disclaimer

    Disclaimer Time Technoplast Ltd.  No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events

29. Slide 29: For further information, please contact

    For further information, please contact: Mr. Hemant Soni Mr. Anuj Sonpal Head- Legal & Company Secretary Valorem Advisors +91 22 7111 9294 +91 22 4903 9500 hemant.soni@timetechnoplast.com time@valoremadvisors.com © 2020 Time Technoplast Limited, All Rights Reserved. “Time Technoplast” and The Time T

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