Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — H1 FY2020 Earnings Presentation
17 slides from Time Technoplast's earnings presentation, 2019
Slide 1: Earnings Presentation – H1 / Q2-FY20
Earnings Presentation – H1 / Q2-FY20
Slide 2: Executive Summary
Executive Summary • Time Technoplast Ltd. (TimeTech) is a Multinational conglomerate and one of the leading manufacturers of diversified range of polymer based products. • Since its inception in 1992, the company has set itself apart from its competition by focusing on research and development, futu
Slide 3: Time Techno at a Glance
Time Techno at a Glance 3 2 1 Largest producer of Market leaderin 3rd largest 2nd largest Intermediate Bulk Largest large size plastic drums 8 out of 11 Composite Cylinder Range of composite worldwide countries Container (IBC) manufacturer manufacturer worldwide cylinder worldwide worldwide FY19 Tot
Slide 4: Product Portfolio
Product Portfolio Established Products Established Brands Drums & Containers Jerry Cans Conipack Pails Mats DWC Pipes HDPE Pipes Disposal Bins EnergyStorage Devices Fuel Tanks Rain Flaps Material Handling DuroGel Value Added Products Composite Cylinders Composite IBCs MOX Films 4
Slide 5: Q2-FY20 Key Financial Highlights (Consolidated)
Q2-FY20 Key Financial Highlights (Consolidated) Particulars (INR Mn) Q2-FY20 Q2-FY19 Y-o-Y Growth Total Income 8,710 8,277 5.2% EBITDA 1,214 1,077 12.7% EBITDA Margins 13.94% 13.02% 92 Bps PAT 386 316 22.1% PAT Margins 4.43% 3.82% 61 Bps Cash Profit 798 726 9.9% Volume Growth 11% 5
Slide 6: H1-FY20 Key Financial Highlights (Consolidated)
H1-FY20 Key Financial Highlights (Consolidated) Particulars (INR Mn) H1-FY20 H1-FY19 Y-o-Y Growth Total Income 17,395 16,096 8.1% EBITDA 2,481 2,287 8.5% EBITDA Margins 14.26% 14.21% 5 Bps PAT 823 749 9.9% PAT Margins 4.73% 4.65% 8 Bps Cash Profit 1,638 1,559 5.1% Volume Growth 12% 6
Slide 7: H1-FY20 Financial Highlights
H1-FY20 Financial Highlights • Revenue growth achieved: 8% (India – 8%; Overseas– 7%) • Volume growth achieved: 12% (India – 13%; Overseas– 12%) • India & Overseas Revenue: H1-FY20 - 69% : 31% (H1-FY19 - 69% : 31%) • India & Overseas EBITDA margins H1-FY20: India 14.36%; Overseas 14.04% • Net Margin
Slide 8: H1-FY20 Operational Highlights
H1-FY20 Operational Highlights • Capacity utilization: Overall 81% (India – 84%; Overseas – 74%) • Total capex in H1-FY20: INR 640 Mn Established Products for capacity expansion, re-engineering and automation: INR 416 Mn Value Added Products: INR 224 Mn Pipes • Healthy Order Book continues in our PE
Slide 9: Polymer and Composite Products
Polymer and Composite Products Polymer Products* Composite Products** Revenue (INR Mn) & EBITDA Margins (%) Revenue (INR Mn) & EBITDA Margins (%) 13,500 5,500 14.39% 14.21% 5,000 14.44% 11,500 14.12% 4,500 9,500 4,000 3,500 7,500 3,000 11,349 12,262 8,992 5,500 4,740 5,125 2,500 3,500 2,000 1,500 1,
Slide 10: Consolidated Quarterly Income Statement
Consolidated Quarterly Income Statement Particulars (INR Mn) Q2-FY20 Q2-FY19 Y-o-Y Total Income 8,710 8,277 5.2% Total Expenses 7,496 7,200 EBITDA 1,214 1,077 12.7% EBITDA Margin (%) 13.94% 13.02% 92 Bps Finance Cost (Net) 280 239 Depreciation 398 397 PBT 536 441 21.5% Tax 136 112 PAT before Minorit
Slide 11: Consolidated Half Yearly Income Statement
Consolidated Half Yearly Income Statement Particulars (INR Mn) H1-FY20 H1-FY19 Y-o-Y Total Income 17,395 16,096 8.1% Total Expenses 14,914 13,809 EBITDA 2,481 2,287 8.5% EBITDA Margin (%) 14.26% 14.21% 5 Bps Finance Cost (Net) 555 466 Depreciation 792 790 PBT 1,134 1,031 10.0% Tax 288 262 PAT before
Slide 12: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY17 FY18 FY19 Total Income 27,568 31,049 35,670 Total Expenses 23,504 26,297 30,403 EBITDA 4,064 4,752 5,267 EBITDA Margin (%) 14.74% 15.30% 14.77% Finance Cost(Net) 901 875 986 Depreciation 1,155 1,372 1,461 PBT 2,008 2,505 2,820 Tax 49
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY18 FY19 H1-FY20 Particulars (INR Mn) FY18 FY19 H1-FY20 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 226 Non-Current Assets Other Equity 14,605 16,466 17,046 Fixed Assets Total Shareholder's Fund 14,831 16,692 17,272 Property,
Slide 14: Consolidated Financials Highlights
Consolidated Financials Highlights Total Income (INR Mn) EBITDA (INR Mn) 40,000 6,000 PAT (INR Mn) 2,500 35,000 5,000 30,000 2,000 4,000 25,000 1,500 20,000 3,000 15,000 27,568 31,049 35,670 1,000 2,000 4,064 4,752 5,267 1,471 1,804 2,027 10,000 500 1,000 5,000 - - - FY17 FY18 FY19 FY17 FY18 FY19 FY
Slide 15: Capital Market Information
Capital Market Information Shareholding Pattern as on 30th September, 2019 Price Data As Per BSE (30th September, 2019) Public 10% Face Value (INR) 1.0 Market Price (INR) 59.7 Mutual 52 Week H/L (INR) 134.9/55.0 Funds 11% Market Cap (INR Mn) 13490.0 Promoter Equity Shares Outstanding (Mn) 226.1 51%
Slide 16: Disclaimer
Disclaimer Time TechnoplastLtd. 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 events no
Slide 17: Thank You
TIME7 > —sCTHANK You