Apcotex Industries Ltd · NSE:APCOTEXIND
Apcotex Industries — Q3 FY20 Earnings Presentation
13 slides from Apcotex Industries's earnings presentation, Feb 15, 2020
Slide 1: Cover letter to stock exchanges - Earnings Presentation February 2020
apeoxex xr 15th February 2020 To, To, The l\4anager - Listing Department, l\,4anager-Department of Corporate Services The National Stock Exchange of lndia Ltd BSE Limited Exchange Plaza, sth floor, Jeejeebhoy Towers, PIot no. C/l, "G" Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai- 400 00'l
Slide 2: Earnings Presentation 9M / Q3-FY20
EARNINGS PRESENTATION 9M / Q3-FY20
Slide 3: Executive Summary
Executive Summary OVERVIEW ▶ Apcotex Industries Ltd (Apcotex) is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India. ▶ The company has one of the br
Slide 4: Company Overview
Company Overview Revenue (INR Mn) and Operating EBITDA Margin (%) ▶ The company’s Taloja plant was established in 1980 as a division of Asian 13.3% Paints (India) Ltd. In 1991, the division was spun off as a separate company, 10.8% 11.7% 11.9% which was headed by Mr. Atul Choksey, former MD of Asian
Slide 5: 9M / Q3-FY20 Financial Highlights
9M / Q3-FY20 Financial HIghlights Q3-FY20 Financial Highlights: 9M-FY20 Financial Highlights: ▶ Total Revenue: INR 1,096 Mn ▶ Total Revenue: INR 3,804 Mn ▶ Operating EBITDA: INR 6 Mn ▶ Operating EBITDA: INR 254 Mn ▶ Operating EBITDA Margin: 0.55% ▶ Operating EBITDA Margin: 6.68% ▶ Net Profit: INR (1
Slide 6: Q3-FY20 Operational Highlights
Q3-FY20 Operational Highlights: Positives: ▶ Out of Capex Phase 1 of INR 100cr, INR 85cr has been spent till December 31, 2019 and rest will be completed by end of Q4. ▶ Captive Power plant will be commissioned shortly resulting in savings in Valia power costs from April 2020. ▶ Debottlenecking proj
Slide 7: Q3-FY20 Income Statement (As per IndAS)
Q3-FY20 Income Statement (As per IndAS) Particulars (INR Mn) Q3-FY20 Q3-FY19 Y-o-Y Q2-FY20 Q-o-Q Revenue 1,096 1,641 (33.2)% 1,241 (11.7)% Total Expenses 1,090 1,472 (26.0)% 1,173 (7.1)% Operating EBITDA 6 169 (69.4)% 68 (91.2)% Operating EBITDA Margin (%) 0.55% 10.30% (975)Bps 5.48% (493)Bps Deprec
Slide 8: 9M-FY20 Income Statement (As per IndAS)
9M-FY20 Income Statement (As per IndAS) Particulars (INR Mn) 9M-FY20 9M-FY19 Y-o-Y Revenue 3,804 4,739 (19.7)% Total Expenses 3,550 4,203 (15.5)% Operating EBITDA 254 536 (52.6)% Operating EBITDA Margin (%) 6.68% 11.31% (463)Bps Depreciation 98 88 11.4% Finance Cost 9 14 (35.7)% Other Income 47 46 2
Slide 9: Historical Income Statement (As per IndAS)
Historical Income Statement (As per IndAS) Particulars (INR Mn) FY17** FY18 FY19 9M-FY20 Revenue 3,880 5,382 6,257 3,804 Total Expenses 3,589 4,744 5,581 3,550 Operating EBITDA 291 638 676 254 Operating EBITDA Margin 7.50% 11.85% 10.80% 6.68% Depreciation 121 121 118 98 Finance Cost 29 16 18 9 Other
Slide 10: Balance Sheet (As per IndAS)
Balance Sheet (As per IndAS) Particulars (INR Mn) Mar 18 Mar 19 H1-FY20 Particulars (INR Mn) Mar 18 Mar 19 H1-FY20 Shareholders Fund 2,464 2,778 2,734 Total Non Current Assets 1,535 1,624 1,920 Equity Share Capital 104 104 104 Fixed Assets 782 750 1,065 Capital Work in progress 91 212 187 Other Equi
Slide 11: Historical Performance Indicators
Historical Performance Indicators Revenue (In Mn) Operating EBITDA (INR Mn) and PAT (INR Mn) and PAT Margin (%) 6,257 EBITDA Margin (%) 5,382 13.3% 13.0% 11.7% 11.9% 10.8% 3,880 3,551 7.5% 2,964 7.5% 7.0% 7.2% 5.4% 415 394 291 638 676 247 385 211 386 466 FY15 FY16* FY17**^ FY18^ FY19^ FY15 FY16* FY1
Slide 12: Disclaimer
Disclaimer Apcotex Industries Ltd Disclaimer: This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apcotex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation t
Slide 13: Thank You
Thank You