Slide 1: Cover letter to stock exchanges
TIME” November 12, 2022 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5th Floor, 1* Floor, New Trading Ring, Plot No. C-1, Block G, Rotunda Building, Bandra — Kurla Complex, P.J. Towers, Dalal Street, Bandra (East), Mumbai — 400 051 Fort, Mumbai — 400 001 Symbol: TIMETECHNO S
Slide 2: Earnings Presentation H1/Q2 FY 2023
Earnings Presentation H1/ Q2 FY 2023 BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 ©2022, Time Technoplast Ltd., All Rights Reserved
Slide 3: Management Commentary
MANAGEMENT COMMENTARY “ We are pleased to report a consistent, healthy growth this quarter and first half, driven by good business performance. The Company delivered a healthy revenue growth of 18% in H1FY23. Our top priority continues to remain in strengthening the revenue share of Value-Added Prod
Slide 4: Agenda
Agenda Quarter Company 01 02 03 Appendix Highlights Overview © 2022 Time Technoplast Limited, All Rights Reserved. 3
Slide 5: Quarter Highlights
01 Quarter Highlights © 2022 Time Technoplast Limited, All Rights Reserved. 4
Slide 6: Q2FY23 Financial Snapshot
Q2FY23 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 12% 2% YoY Growth YoY Growth Volume Growth (9% YoY) 5% 17% 14.3% 13.1% 13.1% 10,244 Revenue Growth (12% YoY) 8% 21% 1,312 1,242 1,338 Revenue Contribution 65% 35% 9,450 8% 8% 9,150 EBITDA Margin 13.
Slide 7: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 14.1% 6,000 18.00% 9,000 12.7% 14.8% 5,000 13.8% 6,743 10% 17% 6,152 4,000 YoY 3,497 YoY 6,000 2,993 Revenue 3,000 Revenue Share Share 66% 2,000 34% 3,000 1,000 0 0.00% 0
Slide 8: 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 13.5% 17.4% 17.0% 18.00% 11.8% 5,000 9,000 9% 22% 7,789 4,000 7,129 YoY YoY 6,000 Revenue 3,000 Revenue 2,455 Share Share 2,0
Slide 9: H1FY23 Financial Snapshot
H1FY23 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 18% 11% YoY Growth YoY Growth Volume Growth (11% YoY) 9% 14% 13.9% 13.1% 19,695 Revenue Growth (18% YoY) 16% 22% 2,580 2,321 Revenue Contribution 64% 36% 16,697 EBITDA Margin 13.2% 12.9% PAT Margin
Slide 10: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 14,000 18.00% 13.8% 13,000 18,000 12.8% 12,000 14.2% 13.8% 11,000 15,000 15% 25% 13,066 10,000 YoY 9,000 YoY 12,000 11,402 8,000 Revenue 7,000 6,619 Revenue 9,000 Share 6,
Slide 11: 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 (%) 10,000 24,000 13.1% 9,000 16.9% 16.9% 18.00% 21,000 12.0% 8,000 18,000 15% 7,000 28% 15,158 YoY YoY 15,000 6,000 13,141 12,000 Revenue 5,0
Slide 12: Product Segment Wise Value and Volume Numbers
Product Segment Wise Value and Volume Numbers Value Volume YoY YoY Particulars H1FY23 H1FY22 Growth Growth Unit H1FY23 H1FY22 (₹ Mn) (₹ Mn) % % TURNOVER REGULAR BUSINESS Packaging (Excl. IBC Business ), Lifestyle , Auto , Batteries Business 14,180 12,248 15.8% M.T. 110,712 101,272 etc. PE Pipes 977
Slide 13: H1FY23 Highlights
H1FY23 Highlights Total capex in H1FY23 towards brownfield expansion, maintenance, re-engineering and automation ₹ 1,075 Mn. Established Products ₹ 374 Mn. Value Added Products ₹ 701 Mn. Capacity utilization: Overall 78% (India: 73%; Overseas: 85%) Continued focus on improving Working Capital cy
Slide 14: H1FY23 Highlights
H1FY23 Highlights Pipes Segment showing signs of improvement with reduction in polymer prices, inflow of new orders and release of funds to EPC contractors by government authorities for ongoing projects. The pipes/ducts have substantial business potential specially in government projects like Sm
Slide 15: H1FY23 Highlights
H1FY23 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 ₹ 2.25 billion. Composite Cylinder- CNG a
Slide 16: Company Overview
02 Company Overview © 2022 Time Technoplast Limited, All Rights Reserved. 15
Slide 17: 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 18: 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 19: Appendix
03 Appendix © 2022 Time Technoplast Limited, All Rights Reserved. 18
Slide 20: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Mn) Q2FY23 Q2FY22 H1FY23 H1FY22 FY22 Total Income 10,244 9,150 19,695 16,697 36,528 Total Expenses 8,906 7,838 17,115 14,376 31,440 EBITDA 1,338 1,312 2,580 2,321 5,088 EBITDA Margin (%) 13.1% 14.3% 13.1% 13.9% 13.9% Finance Cost (Net) 240 230 471 464 920
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) H1FY23 FY22 Particulars (₹ Mn) H1FY23 FY22 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 Other Equity 21,237 20,501 Non-Current Assets Total Shareholder's Fund 21,463 20,727 Fixed Assets Minority Interest 551 534 Property, Plant &
Slide 22: Consolidated Cash Flow
Consolidated Cash Flow Particulars (₹ Mn) H1FY23 FY22 Net cash flow from operating activities 1,755 2,908 Profit before tax & extraordinary items 1,285 2,594 Depreciation 824 1,574 Interest 471 920 Others 51 42 Working Capital Changes (563) (1,682) Tax Payment (313) (540) Net cash used in Investing
Slide 23: 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 24: 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 Reserv