Fineotex Chemical Limited · NSE:FCL
Fineotex Chemical — Q4 FY2021 Earnings Presentation
21 slides from Fineotex Chemical's earnings presentation, Jul 1, 2021
Slide 1: Fineotex Chemical Limited Q4 and FY2021 Earnings Presentation
Fineotex Chemical Limited (BSE: 533333; NSE: FCL) Q4 and FY2021 Earnings Presentation Drilling Specialties Textile Specialties Home Care and Hygiene Specialties Other Specialties
Slide 2: FY2021 Consolidated Financial Highlights
FY2021 Consolidated Financial Highlights Rs 2,185.1 mn Rs 405.4 mn Rs 445.6 mn Total Revenue EBITDA Net Profit Surendrakumar Tibrewala Chairman and Managing Director “Fineotex Chemical continued to deliver a robust financial performance during the year with PAT growth of over 200% for the 35.7% 18.6
Slide 3: H2 FY21 Compared to H2 FY20
H2 FY21 Compared to H2 FY20 Revenue and Gross Margin EBITDA and EBITDA Margin 19.8% 37.7% 37.2% 16.3% Cash Flow from Operations 265 1,334 956 156 H2 FY 20 H2 FY 21 H2 FY 20 H2 FY 21 PAT and PAT Margin 3,364 PBT and PBT Margin 25.2% 19.0% 1,347 H2 FY 20 H2 FY 21 336 254 5.2% 2.1% 50 20 H2 FY 20 H2 FY
Slide 4: Consolidated Balance Sheet and Return Ratios Trend
Consolidated Balance Sheet and Return Ratios Trend (Rs Mn) Mar-20 Sep-20 Mar-21 Cash Flow from Operations /EBITDA (%) ST Debt 28 30 34 88% 83% LT Debt 0 0 0 65% Total Debt 28 30 34 Cash & Cash Equivalent 179 314 339 35% Net Cash 151 284 305 21% Equity 1,760 1,939 2,161 Total debt/Equity 0.02x 0.02x
Slide 5: Upcoming Facility at Ambernath, Maharashtra
Upcoming Facility at Ambernath, Maharashtra About the Facility ➢ Located on ~4 acres of land ➢ The facility is progressing as per schedule and is expected to be commissioned in Q1 FY2022. Equipment and machinery is currently being installed ➢ Proposed deployment of Rs. 270 million out of which Rs. 2
Slide 6: Investment Case
Investment Case • Consolidated revenues from operations FY21 of Rs. 2,185 mn, up 11.3% YoY • Consolidated profit after tax FY21 Rs. 445.6 mn, up 211.4% YoY Financial Performance • EBITDA Margins of 18.6% and has expanded 120 bps and PAT Margin of 20.4% • Plough back of Rs. 242 mn invested into the e
Slide 7: Consolidated P&L Summary: Q4 and FY2021
Consolidated P&L Summary: Q4 and FY2021 (Rs. Million) Q4 FY21 Q4 FY20 YoY% Q3 FY 21 QoQ% FY 21 FY 20 YoY% Revenue from Operations 750.2 435.8 72.1% 583.5 28.6% 2,185.1 1,963.4 11.3% COGS 487.4 265.5 83.6% 349.6 39.4% 1,405.7 1,231.4 14.2% Gross Profit 262.8 170.3 54.3% 233.9 12.3% 779.3 731.9 6.5% G
Slide 8: Consolidated Annual Performance Trend
Consolidated Annual Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 44.5% 40.3% 21.9% 21.0% 35.5% 37.3% 35.7% 19.0% 18.6% 17.4% 1,963 2,185 405 1,823 347 342 1,344 1,429 295 300 FY 17 FY 18 FY 19 FY 20 FY 21 FY 17 FY 18 FY 19 FY 20 FY 21 PBT and PBT Margin
Slide 9: Strategic Direction
Strategic Direction Leverage Fineotex’s industry insights and long standing customer relationships with Biotex’s high end product expertise and regional positioning to serve global customers Fineotex+ Biotex Synergies Upcoming brownfield facility at Ambernath, Maharashtra to be future ready for next
Slide 10: Synergistic Business Model
Synergistic Business Model Fineotex - India Biotex - Malaysia • Diverse product portfolio (400+ categories) • Niche product portfolio (50+ categories) across business segments Overview • High end super speciality textile chemical • Applications primarily across the entire textile applications value
Slide 11: Manufacturing Platforms (GMP Certified)
Manufacturing Platforms (GMP* Certified) Location Operating Facts Strategic Advantages Manufacturing Excellence • Total Production • Strategically located plant near key Capacity: 36,500 MT port close to Mumbai with • Current Utilisation: 56% logistical advantage to textile hubs across North, West,
Slide 12: Focus on Growth and Diversification
Focus on Growth and Diversification Home Care and Hygiene Chemicals Drilling Speciality Chemicals Other Speciality Chemicals • Customised solutions for: • Customised solutions for Oil and Gas • A unique ‘Mosquito Life Cycle Controller’ product ▪ Housekeeping, Kitchen Care and Disinfectants • Signifi
Slide 13: Home Care and Hygiene Division
Home Care and Hygiene Division Diversified Product Offering • Air freshener • Hygienic hard surface Housekeeping • Carpet cleaner cleaner • Carpet shampoo • Multi surface cleaner • Deodorizers • Surface cleaner cum • Floor cleaner disinfectant • Furniture maintainer • Toilet bowl cleaner • Glass cle
Slide 14: Specialty Textile Chemicals Overview
Specialty Textile Chemicals Overview Steps Weaving Pre-treatment Dyeing Printing Finishing De-sizing, Dyeing, Rotary Exhaust Process Sizing Scouring, Washing, Printing, Padding Bleach Fixing Table Printing Enzymes, Dyes, Acids, Dyes, Binder Softeners, Wetting & Alkali Thickener, Fixer Product Polyme
Slide 15: New Product Offerings from Biotex
New Product Offerings from Biotex ‘The Bioguard Series’ of products from Biotex with water and oil repellent features in great demand post outbreak of COVID-19 15
Slide 16: Global Customer Reach
Global Customer Reach • Sales in 60+ countries including Brazil, Bangladesh, Germany, Indonesia, Malaysia, Singapore, Syria, Thailand, USA, Venezuela and Vietnam • 30+ technical marketing experts • 100+ dealers in Indian and International markets FY21 Revenue Mix 57% 43% Facilities at Mahape and Amb
Slide 17: Visit our ESG Profile
Visit our ESG Profile on “The Company has specified programs in support of inclusive growth and equitable development. It is the endeavor of the company to ensure that there is continuous improvement in its economic, environmental and social performance as the tagline of the company reads as “let us
Slide 18: Visit our ESG Profile: Environment and Social Highlights
Visit our ESG Profile on Environment Highlights Social Highlights “Fineotex Chemical Limited makes effort to respect, protect, and “We consider our employees as our most valuable asset and have make efforts to restore the environment. FCL is committed to ensuring been working towards keeping them en
Slide 19: Visit our ESG Profile: Governance Highlights and Key ESG Facts
Visit our ESG Profile on Governance Highlights Key ESG Facts “The Company’s philosophy on Corporate Governance relates to creating an organization intended to maximize the wealth of Bhive certified shareholders, establish productive and lasting relationships with all shareholders with the emphasis l
Slide 20: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Fineotex Chemical Limited (“Fineotex Chemical” or the Company) future bus
Slide 21: Fineotex Chemical Limited
Fineotex Chemical Limited FINEOTEX CHEMICAL LIMITED (CIN Number: L24100MH2004PLC144295) 42-43, Manorama Chambers, S. V. Road Bandra (West), Mumbai - 400 050, India Phone: (+91 - 22) 26559174 / 75, (+91 - 22) 26559176 / 77 Email: info@fineotex.com www.fineotex.com 21