Slide 1: Q2 2017 Results
Q2 2017 Results Linde India Limited Moloy Banerjee, Managing Director 1
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements about Linde India Limited (“Linde”) and its respective businesses. These include, without limitation, those concerning the strategy of Linde, future growth potential of markets and products, profitability in specific areas, the future
Slide 3: Executive Summary – H1 2017
Executive Summary – H1 2017 Highlights Lowlights Safety : Safety continues to remain a key focus Industrial Production: Overall demand remains area across all the businesses. muted reflected by low IIP numbers and negative private capital formation. Revenue : Revenue has steadily grown in onsite and
Slide 4: Performance – Q2 2017
Performance – Q2 2017 Q2 2016 Q2 2017 Var. Net Revenue [RsM] 4,305 4,933 +15% EBITDA [RsM] 769 806 +5% EBITDA Margin [%] 17.8% 16.3% -150 bps EBIT [RsM] 282 311 10% PBT [RsM] -27 -45 -64% PAT [RsM] -20 -22 -10% EPS reported [Rs] -0.23 -0.26 -13% — Revenue up 15% (+628 MINR) driven by gases 9% (+339
Slide 5: Revenue & Operating Profit by Divisions – Q2 2017
Revenue & Operating Profit by Divisions – Q2 2017 Revenue Against Previous Year Operating Profit Against Previous Year +15% MINR +5% MINR PED Gases 4,933 806 4,305 725 +66% 769 436 113 2,412 2,794 21% 93 533 15% 3,869 4,208 290 676 692 +9% 17% 16% 1568 265 175 Q2 2016 Q2 2017 Q2 2016 Q2 2017 — Onsit
Slide 6: Outlook
Outlook — While India’s GDP is expected to grow at 6- 7%, largely driven by services sector, industrial production is lagging as reflected in IIP growth of 2 - 3%. — After a brief improvement in March 2017, steel production fell in Q2. Mining also shows declining growth rate since Q4-2016. There is
Slide 7: Appendix
THE LINDE GROUP Appendix
Slide 8: Linde India – 2017 Key balance sheet items
Linde India – 2017 Key balance sheet items [RsM] Dec 2016 Q2 2017 ∆ Shareholders’ Funds 13,953 13,893 -0.4% Non-current liabilities 11,547 9,422 -18.4% Long-term borrowings 9,897 7,763 -21.5% Current Liabilities 11,644 12,911 10.8% Total Equities and Liabilities 37,144 36,227 -2.5% Non-current asset
Slide 9: Linde India – Q2 2017 Key P&L items
Linde India – Q2 2017 Key P&L items [RsM] Q2 2016 Q2 2017 ∆ Revenue 4,305 4,933 +15% Other Income 7 6 -14% Total expenses -4,030 -4,629 +15% EBIT 282 311 10% EBIT margin [%] 6.5% 6.0% -51 bps Interest Expense -309 -301 3% EBT -27 10 64% Exceptional Item 0 -55 Tax expense 8 23 198% Net income -20 -22
Slide 10: Contact
Contact Phone: +91 33 6602-1600 Email: pawan.marda@linde.com Internet: www.linde.in 10