Filatex India Ltd · NSE:FILATEX
Filatex India — Q2 FY2023 Earnings Presentation
26 slides from Filatex India's earnings presentation, November 2022
Slide 1: Investor Presentation
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | INVESTOR PRESENTATION NOVEMBER 2022 FILATEX INDIA LIMITED
Slide 2: Inside the Presentation
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 2 03 QUARTER & HALF_YEAR HIGHLIGHTS INSIDE THE 09 INDUSTRY TRENDS PRESENTATION 13 GROWTH WITH PURPOSE 16 FINANCIAL HIGHLIGHTS 19 ANNEXURES
Slide 3: Quarter & Half-Year Highlights
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 3 QUARTER & HALF-YEAR HIGHLIGHTS
Slide 4: Key Message
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 4 KEY MESSAGE Volatility and fluctuations in global energy and crude prices due to the ongoing Russia-Ukraine War along with China’s zero-Covid policy have adversely impacted the Indian Polyester industry. Low domestic consumption in China has
Slide 5: Summary of Profit and Loss Statement (Quarterly)
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 5 SUMMARY OF PROFIT AND LOSS STATEMENT Quarterly Profit & Loss Statement KEY PERFORM A N C E M ET RIC S Q2FY 23 Q1FY 23 Q2FY 22 QoQ Y oY Revenue from operations 1163.42 1023.29 964.95 13.7% 20.57% INR 1163.42 CRORES Revenue Other Income 10.50 6
Slide 6: Summary of Profit and Loss Statement (Half-Yearly)
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 6 SUMMARY OF PROFIT AND LOSS STATEMENT Half-Yearly Profit & Loss Statement KEY PERFORM A N C E M ET RIC S H1FY 23 H1FY 22 Y oY Revenue from operations 2186.71 1663.86 31.42% INR 2186. CRORES Revenue Other Income 17.09 9.34 82.98% Total Income 2
Slide 7: Summary of Balance Sheet
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 7 SUMMARY OF BALANCE SHEET PA RT IC UL A RS S ep 2022 M ar 2022 HoH Shareholders Fund 1077.19 1,085.46 (0.8%) Non-Current Liabilities Long Term Borrowings 488.08 300.79 485.71 303.68 0.5% (1.0%) 0.34x Debt Equity Ratio Current Liabilities 700.1
Slide 8: Operational Metrics
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 8 OPERATIONAL METRICS Q2FY23 vs Q1FY23 PRODUCTION H1FY23 vs H1FY22 Indian traders and consumers have PRODUCTION imported around 1,20,000 MT of 97,169 MT 1,82,619 MT polyester filaments in the last six months. Despite large volumes of 85,449 MT
Slide 9: Industry Trends
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 9 INDUSTRY TRENDS
Slide 10: World Fibre Production (2008-2021)
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 10 WORLD FIBRE PRODUCTION (2008-2021) Production Capacity (in 1000MT) FIBRES 2008 % 2021 % C A GR GROWT H N A T URA L FIBRES Polyester is the most widely used fibre worldwide. Raw Cotton 23,584 31.47 24,700 21.94 0.39 1,116 With an annual produ
Slide 11: Growth Drivers for Indian MMF Industry
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 11 GROWTH DRIVERS FOR INDIAN MMF INDUSTRY PER-CAPITA CONSUMPTION OF ALL FIBRES (IN KGS) North America 36.9 SHIFT IN DEMAND INCREASING ONLINE LOWER THAN WORLD Australia 28.6 TOWARDS MMF TREND AVERAGE PER CAPITA FIBRE The global textiles business
Slide 12: Policy Initiatives
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 12 POLICY INITIATIVES The Government of India has taken several strategic steps to boost the manufacturing of man-made fibres in India 7 MEGA TEXTILE PARKS The government has approved setting up Included synthetic seven mega textile parks under
Slide 13: Growth with Purpose
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 13 GROWTH WITH PURPOSE
Slide 14: Being a Responsible Corporate Citizen
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 14 BEING A RESPONSIBLE CORPORATE CITIZEN FOCUS ON RENEWABLE ENERGY The Company sources power from rooftop solar power plants at both its plants, with 1 MW at Dahej and 0.91 MW at Dadra. To meet the additional demand for power at the Dahej plant
Slide 15: Growing with Our Communities
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 15 GROWING WITH OUR COMMUNITIES SUPPORTING THOSE IN NEED DURING THE PANDEMIC Filatex has always prioritised sustainability and social responsibility as much as the business. The Company continues to fulfil its role as a responsible corporate ci
Slide 16: Financial Highlights
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 16 FINANCIAL HIGHLIGHTS
Slide 17: Financial Performance (1/2)
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 17 FINANCIAL PERFORMANCE (1/2) REVENUE FROM OPERATIONS EBITDA (IN INR CRORE) INR 3828.09 CRORES (IN INR CRORE) INR 531.10 CRORES 1,974.45 2,874.10 2,782.07 2,227.15 3,828.09 156.55 216.52 222.13 347.34 531.10 The company has focused on The comp
Slide 18: Financial Performance (2/2)
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 18 FINANCIAL PERFORMANCE (2/2) DEBT TO EQUITY RATIO INTEREST COVERAGE RATIO (IN TIMES) 0.33x (IN TIMES) 24.47x 1.85 1.28 1.21 0.77 0.33 Improved profitability and healthy 4.22 6.07 4.46 7.73 24.47 Consistent growth in operating margins cashflow
Slide 19: Annexures
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 19 ANNEXURES
Slide 20: Company Overview
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 20 COMPANY OVERVIEW Filatex India Limited is among the country’s leading manufacturers of Polyester Filament Yarn focused on capitalising synergies created through its integrated business model. 30+ YEARS Experience in manufacturing yarn Driven
Slide 21: Production Capacities
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 21 PRODUCTION CAPACITIES Annual Production Capacities FY23 (in MT) 4,01,040* TONNES Total Capacity *Post expansions in FY23 PA RT IC UL A RS PROD UC T ION C A PT IVE US E N ET C A PA C IT Y Polyester Chips Polyester DTY Polypropylene Polyester
Slide 22: Growth Through Value Addition
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 22 GROWTH THROUGH VALUE ADDITION 2016 2019 The company has made a planned effort to steadily increase its product offering. It has focused on improving its value-added product portfolio in the last 5-6 years. 2017 2020 The expansion in DTY and
Slide 23: Our Products
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 23 OUR PRODUCTS 2022 POLYESTER CHIPS: Industrial intermediate product used to manufacture Polyester yarns. FULLY DRAWN YARNS /FDY: Fully drawn polyester filament yarn is directly used for producing all kinds of fabrics specially for children an
Slide 24: Catering to Diverse End-Users
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 24 CATERING TO DIVERSE END-USERS HOME TEXTILES & FURNISHINGS WOMEN INNER WEAR INDUSTRIAL USE CASES OUTDOOR CLOTHING & ATHLEISURE WIDE-RANGE OF APPARELS
Slide 25: Disclaimer
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 25 DISCLAIMER This investor presentation has been prepared by Filatex India Limited and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information
Slide 26: Filatex India Limited
Q2 FY23 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | FILATEX INDIA LIMITED BHAGERIA HOUSE, 43 Community Centre, New Friends Colony, New Delhi –110025 P: +91-11-26312503 E: ir@filatex.com BSE: 526227 | NSE: FILATEX | ISIN: INE816B01027 | CIN: L17119DN1990PLC000091 www.filatex.com