Ion Exchange (india) Ltd. · NSE:IONEXCHANG
Ion Exchange (india) — Q2 FY22 Earnings Presentation
23 slides from Ion Exchange (india)'s earnings presentation, Oct 29, 2021
Slide 1: Submission of Analyst/Investor Presentation to BSE
• ION EXCHANGE Qe,~ >t,~~Uvrj t~ p~~t October 29, 2021 To, BSE Limited The Corporate Relationship Dept. P.J. Towers, Dalal Street, Mumbai - 400 001 BSE Company Code: 500214 Dear Sir/ Madam, Sub: Submission of Analyst/ Investor Presentation Pursuant to Regulation 30(6) read with Part A of Schedule II
Slide 2: Earnings Presentation – H1 / Q2-FY22
EARNINGS PRESENTATION – H1 / Q2-FY22
Slide 3: Executive Summary
Executive Summary OVERVIEW • Ion Exchange (India) Ltd (Ion Exchange), formed in 1964, is a pioneer in water, waste water treatment & FY21: Operating environment solutions and caters to various industries, institutions, homes & communities. Income* INR 14,495 • Headquartered in Mumbai, the company ha
Slide 4: Company Overview
Company Overview • Ion Exchange was originally formed as a subsidiary of Permutit, UK in 1964. It FY21 REVENUE BREAKUP* became a wholly owned Indian company in 1985. The company is currently in its 56th Year of operations. • The company has expanded its footprints globally and possesses a diversifie
Slide 5: H1 / Q2-FY22 Financial Highlights
H1 / Q2-FY22 Financial Highlights Q2-FY22 Performance (Standalone) Q2-FY22 Performance (Consolidated) INR 3,647 Mn INR 397 Mn 10.89% INR 3,782 Mn INR 397 Mn 10.50% Operating Income Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating EBITDA Margins Margins INR 301 Mn 8.25% I
Slide 6: H1 / Q2-FY22 Operational Highlights
H1 / Q2-FY22 Operational Highlights ENGINEERING Ø Healthy Order book on the back of steady flow of medium sized orders coupled with two large sized EPC orders received from UP Jal Nigam and IOCL Paradip in earlier quarter. Ø Execution of the Sri Lanka Order was affected during the quarter due to Cov
Slide 7: Q2-FY22 Standalone Income Statement (IND-AS)
Q2-FY22 Standalone Income Statement (IND-AS) INCOME STATEMENT (INR MN) Q2-FY22 Q2-FY21 Y-o-Y Q1-FY22 Q-o-Q Operating Income 3,647 3,753 (2.8)% 3,006 21.3% Expenses 3,250 3,331 (2.4)% 2,641 23.1% Operating EBITDA 397 422 (5.9)% 365 8.8% Operating EBITDA Margins (%) 10.89% 11.24% (35) Bps 12.14% (125)
Slide 8: Segmental Breakup - Quarterly Standalone
Segmental Breakup - Quarterly Standalone ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 1,086 1,311 353 E 2,525 V 222 E 2,109 N U E Q2-FY21 Q2-FY22 Q2-FY21 Q2-FY22 Q2-FY21 Q2-FY22 286 Q2-FY21 Q2-FY22 E B I 163 129 246 (6) (10) T Q2-FY21 Q2-FY22 Q2-FY21 Q2-FY22 7
Slide 9: H1-FY22 Standalone Income Statement (IND-AS)
H1-FY22 STANDALONE INCOME STATEMENT (IND-AS) INCOME STATEMENT (INR MN) H1-FY22 H1-FY21 Y-o-Y Operating Income 6,653 6,351 4.8% Expenses 5,891 5,622 4.8% Operating EBITDA 762 729 4.5% Operating EBITDA Margins (%) 11.45% 11.48% (3) Bps Depreciation 134 133 0.8% Finance Cost 40 58 (31.0)% Other Income
Slide 10: Segmental Breakup – Half Yearly Standalone
Segmental Breakup – Half Yearly Standalone ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 2,471 589 E 4,144 1,940 V 422 E N 3,832 U E H1-FY21 H1-FY22 H1-FY21 H1-FY22 H1-FY21 H1-FY22 538 H1-FY21 H1-FY22 431 E 265 250 B I T (19) (20) H1-FY21 H1-FY22 H1-FY21 H1-FY22 9
Slide 11: Q2-FY22 Consolidated Income Statement (IND-AS)
Q2-FY22 Consolidated Income Statement (IND-AS) INCOME STATEMENT (INR MN) Q2-FY22 Q2-FY21 Y-o-Y Q1-FY22 Q-o-Q Operating Income 3,782 3,900 (3.0)% 3,141 20.4% Expenses 3,385 3,490 (3.0)% 2,783 21.6% Operating EBITDA 397 410 (3.2)% 358 10.9% Operating EBITDA Margins (%) 10.50% 10.51% (1) Bps 11.40% (90
Slide 12: Segmental Breakup - Quarterly Consolidated
Segmental Breakup - Quarterly Consolidated ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 2,635 353 E 2,208 1,347 V 1,122 E 222 N U E Q2-FY21 Q2-FY22 Q2-FY21 Q2-FY22 Q2-FY21 Q2-FY22 283 Q2-FY21 Q2-FY22 E 226 B 167 (5) I 131 (8) T Q2-FY21 Q2-FY22 Q2-FY21 Q2-FY22 11
Slide 13: H1-FY22 Consolidated Income Statement (IND-AS)
H1-FY22 CONSOLIDATED INCOME STATEMENT (IND-AS) INCOME STATEMENT (INR MN) H1-FY22 H1-FY21 Y-o-Y Operating Income 6,923 6,552 5.7% Expenses 6,168 5,830 5.8% Operating EBITDA 755 722 4.6% Operating EBITDA Margins (%) 10.91% 11.02% (11) Bps Depreciation 140 141 (0.7)% Finance Cost 52 71 (26.8)% Other In
Slide 14: Segmental Breakup – Half Yearly Consolidated
Segmental Breakup – Half Yearly Consolidated ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) 4,336 3,975 R 589 E 2,598 V 1,950 422 E N U E H1-FY21 H1-FY22 H1-FY21 H1-FY22 H1-FY21 H1-FY22 555 H1-FY21 H1-FY22 E 278 405 222 B I T (17) (18) H1-FY21 H1-FY22 H1-FY21 H1-FY22 13
Slide 15: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW 14
Slide 16: Historical Standalone Income Statement (IND-AS)
Historical Standalone Income Statement (IND-AS) INCOME STATEMENT (INR MN) FY19 FY20 FY21 H1-FY22 Operating Income 11,023 14,072 14,018 6,653 Expenses 10,110 12,862 12,067 5,891 Operating EBITDA 913 1,210 1,951 762 Operating EBITDA Margins (%) 8.28% 8.60% 13.92% 11.45% Depreciation 181 221 261 134 Fi
Slide 17: Historical Standalone Balance Sheet (IND-AS)
Historical Standalone Balance Sheet (IND-AS) PARTICULARS (INR MN) FY20 FY21 H1-FY22 PARTICULARS (INR MN) FY20 FY21 H1-FY22 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 147 147 147 (A) Property, Plant and Equipment 1,385 1,421 1,382 (B) Other Equity 4,668 6,123 6,5
Slide 18: Historical Consolidated Income Statement (IND-AS)
Historical Consolidated Income Statement (IND-AS) INCOME STATEMENT (INR MN) FY19 FY20 FY21 H1-FY22 Operating Income 11,623 14,798 14,495 6,923 Expenses 10,557 13,453 12,472 6,168 Operating EBITDA 1,066 1,345 2,023 755 Operating EBITDA Margins (%) 9.17% 9.09% 13.96% 10.91% Depreciation 196 235 277 14
Slide 19: Historical Consolidated Balance Sheet (IND-AS)
Historical Consolidated Balance Sheet (IND-AS) PARTICULARS (INR MN) FY20 FY21 H1-FY22 PARTICULARS (INR MN) FY20 FY21 H1-FY22 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 142 142 142 (A) Property, Plant and Equipment 1,459 1,486 1,443 (B) Other Equity 3,489 4,916 5
Slide 20: Consolidated Financial Performance
Consolidated Financial Performance REVENUES (INR MN) OPERATING EBITDA (INR MN) PAT (INR MN) REVENUE EBITDA PAT 14,798 14,495 CAGR 11% CAGR 53% 2,023 CAGR 38% 11,623 1,433 10,549 1,345 1,066 942 770 659 755 399 505 6,923 FY18 FY19 FY20 FY21 H1-FY22 FY18 FY19 FY20 FY21 H1-FY22 FY18 FY19 FY20 FY21 H1-F
Slide 21: Market Data (Bloomberg – ION IN, Reuters – IONX.BO)
Market Data (Bloomberg – ION IN, Reuters – IONX.BO) 1 YEAR SHARE PRICE MOVEMENT (UP TO 30th September, 2021) 300% 250% 200% 150% 100% 50% 0% Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Ion Sensex PRICE DATA (AS ON 30th September, 2021) SHAREHOLDING PATTERN (AS
Slide 22: Disclaimer
Disclaimer Ion Exchange (India) Limited 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 e
Slide 23: Thank You
THANK YOU