Slide 1: GFL Limited Quarterly Investor Update Q2FY20
GFL LIMITED QUARTERLY INVESTOR UPDATE Q2FY20 1
Slide 2: Disclaimer
DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by GFL Limited (“GFL” or “the Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future state of affairs, results of operations, fin
Slide 3: Index
INDEX Background Demerger Scheme Background Salient features of the Scheme Structure before the Scheme Structure after the Scheme Consolidated Financial Results Assets and Liabilities bifurcation Shareholding Structure 3
Slide 4: Background
BACKGROUND INOX Group is a diversified conglomerate engaged in the business of industrial gases, fluorochemicals, multiplexes, wind energy solutions and cryogenic engineering Gujarat Fluorochemicals Limited (GFL) has been engaged in the business of manufacturing of chemicals (caustic soda, chlor
Slide 5: Salient Features of the Scheme
SALIENT FEATURES OF THE SCHEME Appointed Date of Demerger: April 1, 2019 Post demerger, the name of GFL is changed to GFL Limited (GFL1) and the name of the company to which the chemical business is transferred, is changed to Gujarat Fluorochemicals Limited (GFL2) Share entitlement ratio: 1 eq
Slide 6: Structure Before the Scheme
STRUCTURE BEFORE THE SCHEME Promoters Public 68.33% 31.67% GFL 51.32% 56.98% Chemical Business Cinema Business Wind Energy Business Other Businesses - 100% stake in IIL - Ranjitnagar Plant - 100% stake in IRL - Dahej Plant - Captive Wind Power Plants - 100% stake in GFL Singapore - 100% stake in GFL
Slide 7: Structure After the Scheme
STRUCTURE AFTER THE SCHEME Promoters Public Promoters Public 68.33% 31.67% 68.33% 31.67% GFL 2 GFL 1 Chemical Business 51.32% 56.98% Cinema Wind Energy Other Businesses Business Business - Ranjitnagar Plant - Dahej Plant - 100% stake in IIL - Captive Wind Power Plants - 100% stake in IRL - 100% stak
Slide 8: Consolidated Financial Results
CONSOLIDATED FINANCIAL RESULTS In Rs. Cr Q2FY20 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT # & PAT MARGIN 25% 814 13% 3% -1% 661 166 107 21 19 % 0 135 % 55 % 21 0 -7 Q2 FY19 Q2 FY20 Q2 FY19 Q2 FY20 Q2 FY19 Q2 FY20 -7 EBIDTA EBIDTA % PAT IT Credit PAT % H1FY20 YoY ANALYSIS REVENUES* EBITDA
Slide 9: Consolidated – Revenue Breakup
CONSOLIDATED – REVENUE BREAKUP In Rs. Cr CONSOLIDATED REVENUES – BUSINESS WISE BREAKUP 814 1490 1465 661 47 365 780 12 42 % 30 % 1013 520 18 78 % 66 % 437 867 6 3 68 % 54 % 398 139 0 0 0 0 -176 Q2 FY19 Q2 FY20 H1 FY19 H1 FY20 % Share Q2 FY19 Q2 FY20 % Share H1 FY19 H1 FY20 GFL Limited 0.0% 0.0% GFL
Slide 10: Consolidated – EBITDA Breakup
CONSOLIDATED – EBITDA BREAKUP In Rs. Cr CONSOLIDATED EBITDA – BUSINESS WISE BREAKUP 166 358 2 107 258 251 % 142 % 91 % 82 % 48 168 131 318 102 % 69 % 8 11 51 1027 % 122 529 % 2 37 0 1 -1 0 0 -6 -1 Q2 FY19 Q2 FY20 H1 FY19 H1 FY20 % Share Q2 FY19 Q2 FY20 % Share H1 FY19 H1 FY20 GFL Limited -0.1% -0.8%
Slide 11: Consolidated – PAT Breakup
CONSOLIDATED – PAT BREAKUP In Rs. Cr CONSOLIDATED PAT – BUSINESS WISE BREAKUP -7 12 66 146 % 3 0 21 21 % 0 2613 % 35 51 62 14 178 % 8 8 0 -1 7014 % 10 14 16 714% -46 -6 -4 10 % 12 % -60 -5 -10 Q2 FY19 Q2 FY20 H1 FY19 H1 FY20 % Share Q2 FY19 Q2 FY20 % Share H1 FY19 H1 FY20 GFL Limited 36.1% 113.7% GF
Slide 12: Consolidated – Assets Breakup
CONSOLIDATED – ASSETS BREAKUP 2,503 Rs. in crores 467 2,250 1,866 1,102 45 1,648 39 1,750 774 977 741 1,250 1,100 673 14 0 1,822 205 1,627 454 750 1,140 1,086 182 375 851 0 250 440 232 143 (80) (61) (250) (404) (734) (750) Fixed Assets Right of Use assets Trade Receivables Other Assets Inventories F
Slide 13: Consolidated – Liabilities Breakup
CONSOLIDATED – LIABILITIES BREAKUP 4,000 3,447 Rs. in crores 117 3,500 1,174 3,000 2,500 2,379 2 681 2,000 1,338 135 1,500 21 277 1,234 857 2,376 8 119 4 242 1,000 1,905 53 1,279 500 1,103 1,000 11 - 11 0 (430) (374) (437) (500) Equity Lease liabilities Other Liabilities Trade Payables Borrowings De
Slide 14: Shareholding Structure – GFL Limited
SHAREHOLDING STRUCTURE – GFL LIMITED Share Price Performance Market Data As on 31.10.2019 (BSE) Market capitalization (Rs Cr) 927 210 190 170 Price (Rs.) 84.35 150 130 No. of shares outstanding (Cr) 10.99 110 90 Face Value (Rs.) 1.0 70 50 30 52 week High-Low (Rs.) 172.28-48.55 07-8-19 17-8-19 27-8-1
Slide 15: For Further Queries
FOR FURTHER QUERIES: Deepak Asher Director and Group Head (Corporate Finance) Email : deepakasher@gfl.co.in Dhruv Shah Company Secretary Email : dhruv.shah@gfl.co.in 15