Gfl Ltd · NSE:GFLLIMITED

Gfl — Gujarat Fluorochemicals — Q4 FY16 Earnings Presentation

27 slides from Gfl's earnings presentation, May 2016

  1. Slide 1: Quarterly Investor Update Q4 & FY16

    GUJARAT FLUOROCHEMICALS LIMITED QUARTERLY INVESTOR UPDATE Q4 & FY16

  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  Q4 & FY16 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: Q4 & FY16 Results Highlights: Consolidated Results

    Q4 & FY16 – RESULTS HIGHLIGHTS CONSOLIDATED RESULTS Q4 FY16 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT & PAT MARGIN 18.1% 17.1% 23,843.6 3.8% 6.2% 4,085.7 15,532.0 2,806.3 149 % 1,473.2 54 % 46 % 590.9 Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 Q4 FY15 # Q4 FY16 Note: * Revenue from Operations, ** EB

  5. Slide 5: Consolidated Revenues Breakup

    Q4 & FY16 – RESULTS HIGHLIGHTS CONSOLIDATED REVENUES BREAKUP CONSOLIDATED REVENUES – BUSINESS WISE BREAKUP In Rs. Mn 23,843.6 71,986.7 2,869.2 277.2 13,326.9 32 % 53,408.1 31 % 1,676.7 15,532.0 10,168.1 2,177.5 33 % 1,957.5 14 % 416.2 18,286.4 44,141.3 97 % 27,089.7 63 % 9,300.5 2% 1% 3,474.5 13,209

  6. Slide 6: Consolidated EBITDA Breakup

    Q4 & FY16 – RESULTS HIGHLIGHTS CONSOLIDATED EBITDA BREAKUP CONSOLIDATED EBITDA – BUSINESS WISE BREAKUP In Rs. Mn 4,085.7 13,025.8 150.5 154.0 10,350.1 1,899.1 43 % 55 % 2,806.3 1,341.5 1,227.7 105.1 323.5 52 % 1,758.2 24 % 3,139.8 6,918.9 1,703.8 84 % 4,564.7 52 % 13 % 5% 676.6 765.5 2,823.3 2,953.3

  7. Slide 7: Consolidated PAT Breakup

    Q4 & FY16 – RESULTS HIGHLIGHTS CONSOLIDATED PAT BREAKUP CONSOLIDATED PAT – BUSINESS WISE BREAKUP In Rs. Mn 1,473.2 3,938.6 497 % 774.9 590.9 287 % 2,092.4 3,166.5 52 % 200.4 44.8 4,518.7 641 % 1,178.8 78 % 2,964.2 -25.9 301.2 -219.2 -104.6 52 % -40.6 796.3 1,041.7 1263 % 31 % -242.6 Q4 FY15 # Q4 FY1

  8. Slide 8: Chemicals Business - Standalone Results

    Q4 & FY16 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q4 FY16 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT & PAT MARGIN 19.5% 21.6% 8.5% 3,474.5 3,542.9 -0.7% 765.5 301.0 676.6 2% 13 % -25.9 Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 Q4 FY15 # Q4 FY16 EBIDTA EBIDTA % PAT PAT % Note: *

  9. Slide 9: Chemicals Business - Revenues Breakup

    Q4 & FY16 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q4 FY16 YoY ANALYSIS - REVENUES BREAKUP FY16 YoY ANALYSIS - REVENUES BREAKUP 13,209.7 13,383.1 3,474.5 3,542.9 825.7 1,079.2 234.7 269.2 15 % 31 % 5,027.5 4,220.3 1,200.9 3% 1,166.9 16 % 12 % 2,595.0 672.5 594.1 2,043.1 27 % 17 %

  10. Slide 10: Chemicals Business - Sales Volume Breakup

    Q4 & FY16 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q4 FY16 YoY ANALYSIS - SALES VOLUME BREAKUP (MT) FY16 YoY ANALYSIS - SALES VOLUME BREAKUP (MT) 17,752 17,678 1,14,890 31,898 1,05,451 27,501 65,837 62,820 16 % 0% 9% 5% Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 FY15 FY16 FY15 FY16 Caustic

  11. Slide 11: Chemicals Business - Price Trend

    Q4 & FY16 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q4 FY16 YoY ANALYSIS - PRICE TREND (RS PER MT) FY16 YoY ANALYSIS - PRICE TREND (RS PER MT) 28,902 24,350 26,115 23,839 43,707 40,040 37,793 33,414 21 % 17 % 7% 14 % Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 FY15 FY16 FY15 FY16 Caustic Soda

  12. Slide 12: Chemicals Business - Key Raw Materials Price Trend

    Q4 & FY16 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q4 FY16 - KEY RAW MATERIALS PRICE TREND FY16 - KEY RAW MATERIALS PRICE TREND 1,378 1,441 23,672 20,198 1,146 19,400 1,015 16,825 26 % 17 % 20 % 18 % Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 FY15 FY16 FY15 FY16 Salt (Rs/MT) Methanol (Rs/MT

  13. Slide 13: Wind Turbine Manufacturing Business (Inox Wind Limited)

    Q4 & FY16 – RESULTS HIGHLIGHTS WIND TURBINE MANUFACTURING BUSINESS (INOX WIND LIMITED) Q4 FY16 YoY ANALYSIS REVENUES* EBITDA AND EBITDA MARGIN PAT AND PAT MARGIN 18.3% 17.2% 12.7% 11.4% 18,286.4 3,139.8 2,092.4 9,300.5 1,703.8 1,178.8 97 % 84 % 78 % Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 EB

  14. Slide 14: Wind Farming Business (Inox Renewables Limited)

    Q4 & FY16 – RESULTS HIGHLIGHTS WIND FARMING BUSINESS (INOX RENEWABLES LIMITED) Q4 FY16 YoY ANALYSIS REVENUES* EBITDA** & EBITDA MARGIN PAT & PAT MARGIN 77.7% 416.2 -52.6% -37.7% 55.6% 277.2 323.5 154.0 33 % 52 % 52 % -104.6 -219.2 Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 EBIDTA EBIDTA % PAT P

  15. Slide 15: Film Exhibition Business (Inox Leisure Limited)

    Q4 & FY16 – RESULTS HIGHLIGHTS FILM EXHIBITION BUSINESS (INOX LEISURE LIMITED) Q4 FY16 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 5.6% 5.2% 2,869.2 4.8% 161.2 2,177.5 150.5 -1.9% 105.1 32 % 43 % -40.6 Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 Q4 FY15 Q4 FY16 EBIDTA EBIDTA % PAT PAT

  16. Slide 16: Balance Sheet Update

    BALANCE SHEET UPDATE Standalone FY16 FY15 Consolidated FY16 FY15 Total of Shareholder funds 29,126.1 28,555.9 Total of Shareholder funds 44,964.0 42,352.6 Share Capital 109.9 109.9 Share Capital 109.9 109.9 Reserves & Surplus 29,016.2 28,446.0 Reserves & Surplus 44,854.1 42,242.7 Minority Interest 9

  17. Slide 17: Balance Sheet Update

    BALANCE SHEET UPDATE Consolidated FY16 FY15 Consolidated FY16 FY15 Fixed Assets Total Debt Chemicals Business 20,738.2 21,031.0 Chemicals Business 4,784.4 7,169.0 Wind Turbine Manufacturing Business 5,942.1 2,502.6 Wind Turbine Manufacturing Business 14,681.1 8,743.1 Wind Farming Business 16,239.1 1

  18. Slide 18: Shareholding Structure

    SHAREHOLDING STRUCTURE Share Price Performance Market Data As on 13.05.16 (BSE) 800 Market capitalization (Rs Mn) 57,512.0 600 Price (Rs.) 523.6 400 No. of shares outstanding (Mn) 109.9 200 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Face Value (Rs.) 1.0 52 week High-Low (Rs.) 780

  19. Slide 19: Financial Summary - Standalone Financials, Chemicals Business

    FINANCIAL SUMMARY – LAST 5 YEARS STANDALONE FINANCIALS – CHEMICALS BUSINESS REVENUES * EBITDA & EBITDA MARGIN PAT & PAT MARGIN 19.8% 13,210 13,383 26.2% 17.4% 17.0% 21.4% 22.1% 11,929 11,544 11,409 5.2% 6.5% 6.0% 7.8% 3,120 2,823 2,953 2,358 2,004 1,944 744 796 1,042 597 FY12 FY13 FY14 FY15 FY16 FY1

  20. Slide 20: Financial Summary - Consolidated Financials

    FINANCIAL SUMMARY – LAST 5 YEARS CONSOLIDATED FINANCIALS REVENUES * EBITDA & EBITDA MARGIN PAT & PAT MARGIN CAGR: 26.2% 27.6% 43.4% 32.1% 71,987 17.3% 19.4% 18.1% 17.2% 53,408 5.4% 5.9% 5.5% 7,801 12,280 13,026 34,515 10,172 10,350 5,434 28,302 31,664 3,939 5,982 3,167 1,861 FY12 FY13 FY14 FY15 FY16

  21. Slide 21: Annexure

    ANNEXURE 21

  22. Slide 22: Detailed Financials: Standalone P&L Statement

    DETAILED FINANCIALS STANDALONE P&L STATEMENT Particulars (In Rs Mn) Q4 FY16 Q4 FY15 YoY % Q3 FY16 QoQ% FY16 FY15 YoY % Total Income from Operations 3,542.9 3,474.5 2.0% 3,044.0 16.4% 13,383.1 13,209.7 1.3% Cost of Material Consumed 818.2 1,144.3 -28.5% 686.4 19.2% 3,355.4 4,100.9 -18.2% Purchases of

  23. Slide 23: Detailed Financials: Standalone Balance Sheet

    DETAILED FINANCIALS STANDALONE BALANCE SHEET Particulars (Rs Mn) FY16 FY15 Particulars (Rs Mn) FY16 FY15 Share Holders’ Funds: Non-current assets: Equity share capital 109.9 109.9 Fixed Assets 20,738.2 21,031.0 Reserves and Surplus 29,016.2 28,446.0 Non-current investments 5,706.0 4,204.7 Total of S

  24. Slide 24: Detailed Financials: Consolidated P&L Statement

    DETAILED FINANCIALS CONSOLIDATED P&L STATEMENT Particulars (In Rs Mn) Q4 FY16 Q4 FY15 YoY % Q3 FY16 QoQ% FY16 FY15 YoY % Total Income from Operations 23,843.6 15,532.0 53.5% 16,062.3 48.4% 71,986.7 53,408.1 34.8% Cost of Material Consumed 11,973.8 7,991.0 49.8% 6,722.8 78.1% 32,274.5 24,126.2 33.8%

  25. Slide 25: Detailed Financials: Consolidated Balance Sheet

    DETAILED FINANCIALS CONSOLIDATED BALANCE SHEET Particulars (Rs Mn) March-16 March-15 Particulars (Rs Mn) March-16 March-15 Share Holders’ Funds: Non-current assets: Equity share capital 109.9 109.9 Fixed Assets 49,370.9 44,690.2 Reserves and Surplus 44,854.1 42,242.7 Goodwill on Consolidation 160.5

  26. Slide 26: Group Overview: Strong Pedigree

    GROUP OVERVIEW STRONG PEDIGREE  Strong legacy of more than 80 years.  Diversified businesses across industrial gases, engineering plastics, refrigerants, chemicals, cryogenic engineering, renewable energy and entertainment sectors.  More than 8,000 employees at more than 100 business units across

  27. Slide 27: Thank You

    FOR FURTHER QUERIES: THANK YOU Deepak Asher Nilesh Dalvi / Kapil Jagasia Director and Group Head (Corporate Finance) Dickenson Seagull IR Email : deepakasher@gfl.co.in Contact No : +91 9819289131 / 9819033209 Email : nilesh.dalvi@dickensonir.com Mr. Dheeraj Sood Kapil.jagasia@dickensonir.com Head IR

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