Jindal Poly Films Limited · NSE:JINDALPOLY
Jindal Poly Films — Q1 FY2017 Earnings Presentation
15 slides from Jindal Poly Films's earnings presentation, September 2016
Slide 1: Q1 FY 2017 Results Presentation
Q1 FY 2017 Results Presentation September 2016 1
Slide 2: Q1FY17 Performance Highlights
Q1FY17 Performance Highlights • Jindal Poly Films (Consolidated): – Revenue at Rs 1,779 Crores declined by 8% (Q1 FY’16), which more or less represents price decrease on account of raw material prices – Operating income at Rs 290 Crores Vs Rs 341 Crores in Q1FY16 Operating Revenue Rs Crs • Operating
Slide 3: Business Evolution
Business Evolution Reorganization • Merged Manufacturing business of Jindal Photo • 41,000 TPA new BOPP line commissioned in July 2016 2014 – 2016 • 14,000 TPA Coater plant commissioned • Received BRC Packaging and Packaging Materials – Standard Certified at Nasik Facility • Global Nonwoven commence
Slide 4: Business Structure
Business Structure FY 16 Operating Revenues Jindal Poly Films Leader in BOPP and BOPET films in India JPFL - India 36.6% Jindal Films 62.6% Jindal Films Acquired BOPP films business from Others Exxon Mobil in Year 2013 0.8% Leader in BOPP films in US and Europe, specialising in metalized and coated
Slide 5: Business Details
Business Details 5
Slide 6: Our Manufacturing Setup
Our Manufacturing Setup Number of lines BOPET BOPP Coating Metalizing Non-Woven India - Nasik 5 lines 7 lines 2 lines 10 lines 1 Line Europe - 9 lines 5 lines 2 lines - United States - 6 lines 3 lines 1 lines - Total Installed Capacity 1,27,000 TPA 4,66,000 TPA 18,000 TPA Scheduled Capacity Addition
Slide 7: Speciality Films
Speciality Films Coated Films / BOPET BOPP Metalized Films Improves shelf life of Vacuum deposits of Aluminum on Product product and increases Higher moisture retention BOPET and BOPP Films to provide Characteristic product appeal properties, easy to recycle better barrier / Provides advanced barrie
Slide 8: Global Nonwovens Ltd
Global Nonwovens Ltd Polypropylene based nonwoven packaging solutions NonWovens with REICOFIL Germany Technology SS Rolls – Weight 10 – 17 GSM 60% Our Range SMS Rolls – Weight 12 – 55 GSM 40% Applications Hygiene and medical applications Nasik – plant commissioned on 1st July 2015, Capacity Capacity
Slide 9: Financial & Operating performance
Financial & Operating performance 9
Slide 10: Financials: Q1 FY17 (As per Ind AS)
Financials: Q1 FY17 (As per Ind AS) Standalone Consolidated Particulars (Rs. in Crores) Q1FY17 Q1FY16 YoY % Q1FY17 Q1FY16 YoY % Revenue 596 760 -22% 1779 1930 -8% Operating Cost 518 604 1488 1589 Operating Income 78 156 -50% 291 341 -15% Operating Income Margin 13.2% 20.5% 16.3% 17.7% Other Income 8
Slide 11: Jindal Films (US & Europe) - P&L Statement
Jindal Films (US & Europe) - P&L Statement USD Million Q1FY17 FY16 FY15 Financials as per EU – IFRS Exchange Rate (Euro /USD) 1.1292 1.1013 1.0780 Substantial improvement in operating Revenue 176 691 665 income since acquisition Operating Cost 146 606 615 USD 85 Mn Operating Income 30 85 50 USD 60 M
Slide 12: Jindal Films (US & Europe) - Balance Sheet
Jindal Films (US & Europe) - Balance Sheet USD Million Mar ‘16 Mar ‘15 Financials as per EU – IFRS Exchange Rate (Euro /USD) 1.1013 1.0780 Shareholders Funds 171 129 Total Non-current Liabilities 150 175 Debt & finance 82 98 Other Long- term Liabilities 68 77 Total Current Liabilities 163 159 Debt &
Slide 13: Managing Debt at Comfortable Levels
Managing Debt at Comfortable Levels • Global Non Woven project under TUFS with interest and capital subsidy • Recent Financing Developments – – Amalgamation of GNL with JPFL will bring in reduction in present interest rates of GNL. Tie-up is more or less done Rs Crores Debt to Equity Mar – 16 Debt b
Slide 14: Balance Sheet (As per Indian GAAP)
Balance Sheet (As per Indian GAAP) Standalone Consolidated Particulars (Rs. in Crores) Mar ‘16 Mar ‘15 Mar ’16 Mar ‘15 Shareholders Funds Net Worth 1,805 1,543 2,395 1,775 Minority Interest 641 468 Total Non-current Liabilities 564 436 1870 1954 Long-term borrowings 370 256 1,249 1,229 Other Long- t
Slide 15: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jindal Poly Films Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit