20 Microns Limited · NSE:20MICRONS
20 Microns — Q1 FY20 Earnings Presentation
35 slides from 20 Microns's earnings presentation, Aug 14, 2019
Slide 1: Cover letter to stock exchanges
a0 MIC RONS T €& OD 347, GIDC Industrial Estate, Waghodia - 391760, Dist. Vadodara, Gujarat, India. 14" August, 2018 To: BOMBAY STOCK EXCHANGE LIMITED Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Fort, MUMBAI - 400 001. SCRIP CODE : 533022 NATIONAL STOCK EXCHANGE OF INDI
Slide 2: 20 Microns Limited Q1 FY20 Result Update Presentation
20 Microns Limited Q1 FY20 Result Update Presentation – August 2019 “India’s Leading Producer of Ultrafine Industrial Minerals & Speciality Chemicals With Expanding Global Footprints.”
Slide 3: MD's Message & Financial Highlights
MD’S MESSAGE & FINANCIAL HIGHLIGHTS
Slide 4: Managing Director's Message – Q1 FY20
Managing Director’s Message – Q1 FY20 “We are happy to share with you our financial and business performance of the first quarter ended FY20, consolidated revenue stood at Rs. 137.8 crore – with a growth of 17% YoY, predominantly driven by change in product mix and contribution of higher value produ
Slide 5: Standalone Quarterly Financial Highlights
Standalone Quarterly Financial Highlights REVENUE (Rs. cr) EBIDTA (Rs. Cr) 20 19 18 17 127.8 16 15 14 18.4 107.8 13 16.1 12 Q1 FY19 Q1 FY20 11 10 Q1 FY19 Q1 FY20 PAT (Rs. Cr) 9 8 7 6 5 8 4 6.5 3 2 1 Q1 FY19 Q1 FY20 0
Slide 6: Standalone Quarterly Profit & Loss Highlights
Standalone Quarterly Profit & Loss Highlights (Rs. Crore) Q1 FY20 Q1 FY19 Y-o-Y % Q4 FY19 Q-o-Q % Total Income from Operations 127.8 107.8 19% 116.6 10% Cost of Raw Material Consumed 65.6 49.6 57.3 Changes in Inventory 1.2 1.6 0.8 Total Raw Material Consumed 66.8 51.2 58.1 Employee Cost 11.2 10.3 11
Slide 7: Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights REVENUE (Rs. cr) EBIDTA (Rs. Cr) 20 19 18 17 137.8 16 15 19.8 14 17.7 117.7 13 12 Q1 FY19 Q1 FY20 11 10 Q1 FY19 Q1 FY20 PAT (Rs. Cr) 8.6 8.4 8.2 8 7.8 8.5 7.6 7.4 7.2 7.5 7 Q1 FY19 Q1 FY20
Slide 8: Consolidated Quarterly Profit & Loss Highlights
Consolidated Quarterly Profit & Loss Highlights (Rs. Crore) Q1 FY20 Q1 FY19 Y-o-Y % Q4 FY19 Q-o-Q % Total Income from Operations 137.8 117.7 17% 130.2 6% Cost of Raw Material Consumed 70.2 53.7 63.9 Changes in Inventory 1.0 1.8 0.7 Total Raw Material Consumed 71.3 55.5 64.6 Employee Cost 12.6 11.4 1
Slide 9: Consolidated Annual Financial Highlights
Consolidated Annual Financial Highlights REVENUE (Rs. cr) EBIDTA (Rs. cr) & EBITDA Margin (%) 80.00 479.7 68.9 59.7 70.00 409.7 431.4 55.4 60.00 359.6 46.2 50.00 40.00 30.00 12.3 13.5 13.8 14.4 20.00 10.00 0.00 FY16 FY17 FY18 FY19 FY16 FY17 FY18 FY19 EBIDTA EBIDTA Margin (%) PAT (Rs. cr) & PAT Margi
Slide 10: Consolidated Annual Profit & Loss Highlights
Consolidated Annual Profit & Loss Highlights (Rs. Crore) FY19 FY18 Y-o-Y % FY17 FY16 Total Income from Operations 479.7 431.4 11% 409.7 359.6 Cost of Raw Material Consumed 230.0 196.7 178.2 171.5 Purchase of traded goods 0.4 3.9 3.0 0.0 Changes in Inventory (2.2) (1.4) 3.8 (1.0) Total Raw Material C
Slide 11: Consolidated Balance Sheet as on 31st March
Consolidated Balance Sheet as on 31st March (Rs. Crore) FY19 FY18 FY17 FY16 (Rs. Crore) FY19 FY18 FY17 FY16 Non-current Assets Equity Equity Share Capital 17.6 17.6 17.6 17.6 Property, Plant & Equipment 194.4 184.1 175.7 177.0 Other Equity 148.6 125.8 107.1 92.1 Capital Work in Progress 2.9 7.7 6.8
Slide 12: Product Wise Sales Breakup – FY19
Product Wise Sales Breakup – FY19 10% *Sr no. Name and Description of main product % to Revenue 10% 1 Calcium Carbonate 48 48% 2 China Clay/ Kaolin 21 11% 3 Talc 11 4 Specialty Chemicals 10 21% 5 Others 10 *All of the above breakups Includes exports Calcium Carbonate China Clay/ Kaolin Talc Specialt
Slide 13: Industry-wise Sales Breakup – FY19
Industry-wise Sales Breakup – FY19 Domestic – 83% Exports – 17% *Sr no. Industry Contribution(%) *Sr no. Industry Contribution(%) 1 Paint 58 1 Paint 85 2 Plastic 22 2 Allied 8 3 Allied 8 3 Plastic 5 4 Rubber 5 4 Rubber 2 5 Paper 4 6 Others 3 4% 3% 5% 2% 5% 8% 8% 58% 22% 85% Paint Plastic Allied Rubb
Slide 14: Key Financial Ratios
Key Financial Ratios RoE% RoCE% 17.6 25.3 16.1 15.2 13.5 18.9 16.9 15.6 FY16 FY17 FY18 FY19 FY16 FY17 FY18 FY19 RoA% Net Debt To Equity (x) 6.7 6.1 1.5 5.8 1.2 4.6 0.9 0.7 FY16 FY17 FY18 FY19 FY16 FY17 FY18 FY19
Slide 15: Company Overview
C O M PA N Y O V E RV I E W
Slide 16: Company Overview
Company Overview Leading producer of Ultrafine Industrial Global Footprints with Varied 02 Minerals & Speciality Chemicals Product Basket Diverse product mix with leading player Global footprint of Ultrafine Industrial Minerals 01 across ~48 nations. Domestically very few & Speciality Chemicals with
Slide 17: Successful Transformation
Successful Transformation Success Implementation Post successfully implementing the product development in the Strategy 20 microns grabbed the domestic market, we now have set opportunity and started Planning Considering high import prices, up manufacturing base globally to manufacturing in India at
Slide 18: Business Overview
BUSINESS O V E RV I E W
Slide 19: Product Group
Product Group Specialty Chemicals & Industrial Minerals Retail Functional Additives Ground Calcium Rheological Additives White Pigment Opacifier 20MCC (Mineral based Carbonate (Organo Clay) Construction Chemical) Synthetic Barium Natural Baryte Inorganic Thickeners Sulphide Minfert (Mineral based Su
Slide 20: Product Transformed Into
Product Transformed Into Specialty Functional Chemicals & Fillers & Retail Functional Extenders Additives Hydrophobic admixture creates permanent waterproof concrete for Fillers are primarily common Plaster, Slab and other masonry It is used in small quantities to inorganic mineral powders, added wo
Slide 21: Touching Everyday Life
Touching Everyday Life 1 2 Turning Minerals Into specialty solutions 3 That delivers high performance 4 For our industrial customers applications & functions products and processes
Slide 22: Industry-wise Product Application
Industry-wise Product Application Paints & Construction & Coatings Construction Chemicals Ceramics Paper & Printing Ink Agrochemicals Plastics & Polymer Textiles & Leather Rubber
Slide 23: Product-wise Global Presence
Product-wise Global Presence *Product Talc Calcite Quartz Calcined Dolomite Attapulgite Specialty China Baryte Wax Feldspar Mica Red Clay Chemical Clay Oxide China Bangladesh Malaysia UAE Indonesia Germany Thailand Saudi Arabia Oman Sri Lanka *Above are the key markets consuming our products Exports
Slide 24: State of the Art Manufacturing Facilities
State of the Art Manufacturing Facilities Alwar, Rajasthan Hosur, Tamil Nadu Alwar, Rajasthan Bhuj, Gujarat Waghodia, Gujarat Vadadala, Gujarat
Slide 25: Mining Capacity & Location
Mining Capacity & Location Approx. Approx. Sr. Value of Details of Mines Reserves (In No. Reserves (In Lakhs Tons) Lakhs) China Clay – Mines, Bhuj, Dist. Kutchh, Gujarat. 1. Area–11.89 Hector 17.756 2574.62 China Dolomite Mine, Taluka – Chhota Udaipur, Dist. 2. 13.890 4860.75 Vadodara, Gujarat, Area
Slide 26: Group Structure - Subsidiaries
Group Structure - Subsidiaries 20 Microns 20 Microns 20 Microns 20 Microns 20 MCC FZE SDN BHD Vietnam Nano Pvt. Ltd. 100% holding Subsidiary 99.99% holding Subsidiary 100% Capital Contribution - LLC 97.21% holding Subsidiary 88.73% holding Subsidiary Total Turnover - Rs. 5.51 Cr. Total Turnover Rs.
Slide 27: Key Strengths
Key Strengths • Strong product pipeline from varied • Successfully implemented industries SAP across business to ease financial transactions, product • Delivers high value added products and functional life cycles and supply chain 07 activities • Competitive edge solutions to various with strong mar
Slide 28: Strong In-House R&D Facility
Strong In-House R&D Facility • Established R&D facility with an aim to achieve • Tied up with several external agencies such as Central Company's objective to become globally Glass & Ceramic Research Institute, Kolkata, Vallabh competitive by product innovation, upgradation of Vidyanagar (Gujarat);
Slide 29: Innovative Specialty Products – Industry Application
Innovative Specialty Products – Industry Application Innovative Specialty Products Paints & Plastics Paper Rubber Ink & Adhesive & Construction Agro Cosmetic & Hydrocarbon Steel & Coating Pigments Sealent Chemicals Oral Care Foundry Lithomer – White Pigment Opacifier Basofix - Synthetic Barium Sulph
Slide 30: Key Regulatory Approvals
Key Regulatory Approvals Approved Research & Development centre by DSIR, Government of India
Slide 31: Key Clientele
Key Clientele 20 HICRONS' Schlumberger a Dow de The Chemical ASF a ® oO staat seat fates Z SP trivent m Oilindia limited == /d Vx Pas Beckers ITC Limited [2e 3 hindware 7 +f AkKkzoNobel Roca FiunwrssnaBRi ericson CISIL ee Ericing es touch imovaion UM DE B STRIES 27 NEROLAC HUGHES BAYE R A. kes minis
Slide 32: Growth Levers
GROWTH LEVERS
Slide 33: Growth Levers
Growth Levers 1. Focus on Product Innovation • Continued focus on product innovation enables to remain the trend setter for ultra fine minerals ranging from 20 microns to 0.5 microns. Company now aims to reach milestone of 0.2 microns, which will further improve our margins. 2. Retail Push - Waterpr
Slide 34: For further details, please feel free to contact
For further details, please feel free to contact: 20 Microns Limited KDA Strategic Advisors LLP CIN: L99999GJ1987PLC009768 LLPIN: AAG-8440 Contact: Mr. Atil Parikh Contact: Mr. Dhiren Shethia/ Mr. Arpit Gandhi Email Id: atil@20microns.com Phone: +91-22-26110007/ 26150007 Email Id: dhirens@kdg.co.in
Slide 35: Disclaimer
Disclaimer This presentation and the supplementary slides (the “Presentation”), which have been prepared by 20 Microns Limited (the “Company”), is solely for information purposes and do not constitute any offer, recommendation or invitation to buy or subscribe for any securities, and shall not form