Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q1 FY2023 Earnings Presentation
20 slides from Time Technoplast's earnings presentation, Aug 1, 2022
Slide 1: Earnings Presentation Q1 FY 2023
Earnings Presentation Q1 FY 2023 BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 ©2022, Time Technoplast Ltd., All Rights Reserved
Slide 2: Management Commentary
MANAGEMENT COMMENTARY “ We are pleased to inform that the Company has started Fiscal 23 on an encouraging note with a healthy performance driven by good demand in Industrial packaging and robust growth in composite cylinder business. Q1 Revenue and PAT are up by 25% and 56% year-on-year led by highe
Slide 3: Agenda
Agenda Quarter Company 01 02 03 Appendix Highlights Overview © 2022 Time Technoplast Limited, All Rights Reserved. 3
Slide 4: Quarter Highlights
01 Quarter Highlights © 2022 Time Technoplast Limited, All Rights Reserved. 4
Slide 5: Q1FY23 Financial Snapshot
Q1FY23 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 25% 23% YoY Growth YoY Growth Volume Growth (13% YoY) 14% 12% 13.4% 13.1% 9,450 Revenue Growth (25% YoY) 27% 23% 7,547 1,242 1,009 Revenue Contribution 63% 37% EBITDA Margin 13.3% 12.9% PAT Margin 4
Slide 6: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 6,000 18.00% 9,000 13.3% 12.9% 5,000 13.5% 13.7% 20.4% 36.1% 6,323 4,000 YoY YoY 6,000 5,250 3,122 Revenue 3,000 Revenue Share 2,294 Share 67% 2,000 33% 3,000 1,000 0 0.00
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 (%) 12,000 6,000 12.6% 16.8% 18.00% 12.1% 16.2% 5,000 9,000 22.6% 35.6% 7,369 YoY 4,000 YoY 6,012 6,000 Revenue 3,000 Revenue Share Share 2,08
Slide 8: Product Segment Wise Value and Volume Numbers
Product Segment Wise Value and Volume Numbers Value Volume YoY YoY Particulars Q1FY23 Q1FY22 Growth Growth Unit Q1FY23 Q1FY22 (₹ Mn) (₹ Mn) % % TURNOVER REGULAR BUSINESS Packaging (Excl. IBC Business ), Lifestyle , Auto , Batteries Business 7,006 5,695 23.0% M.T. 53,902 48,351 etc. PE Pipes 363 317
Slide 9: Q1FY23 Highlights
Q1FY23 Highlights Total capex in Q1FY23 towards brownfield expansion, maintenance, re-engineering and automation ₹ 485 Mn. Established Products ₹ 145 Mn. Value Added Products ₹ 340 Mn. Capacity utilization: Overall 77% (India: 72%; Overseas: 84%) Continued focus on improving Working Capital cycl
Slide 10: Q1FY23 Highlights
Q1FY23 Highlights Pipes Unprecedented hike in raw material prices resulting in delay in procurement by EPC contractors on account of pending price hike from Government authorities The pipes/ducts have substantial business potential specially in government projects like Smart Cities, Jal Jeevan M
Slide 11: Q1FY23 Highlights
Q1FY23 Highlights Composite Cylinder- CNG application (Cascades) Company receiving over whelming response in a short period of time for CNG Cascades with Fully Wrapped Carbon Fibre Reinforced Type-IV Composite Cylinder Current order book position of over ₹ 2.5 billion. Composite Cylinder- CNG ap
Slide 12: Company Overview
02 Company Overview © 2022 Time Technoplast Limited, All Rights Reserved. 12
Slide 13: 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 14: 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 15: Appendix
03 Appendix © 2022 Time Technoplast Limited, All Rights Reserved. 15
Slide 16: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Mn) Q1FY23 Q1FY22 FY22 FY21 Total Income 9,450 7,547 36,528 30,087 Total Expenses 8,208 6,538 31,440 26,178 EBITDA 1,242 1,009 5,088 3,909 EBITDA Margin (%) 13.1% 13.4% 13.9% 13.0% Finance Cost (Net) 231 234 920 977 Depreciation 407 385 1,574 1,510 PBT 60
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) FY22 FY21 Particulars (₹ Mn) FY22 FY21 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 Other Equity 20,501 18,803 Non-Current Assets Total Shareholder's Fund 20,727 19,029 Fixed Assets Minority Interest 534 483 Property, Plant & Equ
Slide 18: Consolidated Cash Flow
Consolidated Cash Flow Particulars (₹ Mn) FY22 FY21 Net cash flow from operating activities 2,908 2,570 Profit before tax & extraordinary items 2,594 1,422 Depreciation 1,574 1,510 Interest 920 977 Others 42 (25) Working Capital Changes (1,682) (972) Tax Payment (540) (343) Net cash used in Investin
Slide 19: 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 20: For further information, please contact
For further information, please contact: Mr. Digvijay Singh Rathore Mr. Siddesh Chawan Manager – Investor Relations Ernst & Young LLP / Investor Relations +91 22 7111 9304 +91 22 6192 0000 digvijay.rathore@timetechnoplast.com siddesh.chawan@in.ey.com © 2022 Time Technoplast Limited, All Rights Reser