Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Investor Presentation (May 2018)
30 slides from Time Technoplast's investor presentation, May 24, 2018
Slide 1: Bringing Polymers to Life – Investor Presentation May 2018
BRINGING POLYMERS TO LIFE INVESTOR PRESENTATION – MAY 2018
Slide 2: Index
Index 1. 2. 3. 4. Executive Company Business/ Financial Summary Overview Industry Overview Overview 2
Slide 3: Executive Summary
TIME, 1. Executive Summary
Slide 4: 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 Overview developm
Slide 5: Company Overview
2. Company Overview 5
Slide 6: Product Portfolio
Product Portfolio Segment Product range Our Brands Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Devices Material Handling ESTABLISHED PRODUCTS Mats Fuel Tanks Rain Flaps Disposal Bins Composite Cylinders Composite IBCs MOX Films VALUE ADDED PRODUCTS 6
Slide 7: TimeTech at a Glance
TimeTech at a Glance 3 2 1 Largest producer of Market leader 3rd largest 2nd largest Intermediate Bulk Largest large size plastic in Composite Cylinder Range of drums worldwide 8 out of 10 Container (IBC) manufacturer manufacturer composite cylinder countries worldwide worldwide worldwide FY18 FY18
Slide 8: Key Milestones
Key Milestones Expansion through a calculated mix of organic as well as inorganic growth 1992 - 2000 2001 - 2006 2007 - 2010 2011 - 2017 INR 1 Bn INR 5 Bn INR 10 Bn INR 15 Bn INR 25 Bn 1999 2008 2010 2012 2016 • Incorporated Pvt. Ltd. • Launched Automotive • Got listed on NSE & BSE • Green field man
Slide 9: Management Team
Management Team Mr. Raghupathy Thyagarajan Mr. Naveen Jain Mr. Anil Jain Mr. Bharat Vageria Whole Time Director - Whole Time Director - Managing Director Whole Time Director - Finance Marketing Technical • Degrees in Science, Engineering • Degree in Commerce and a • Degree in Science and • Degree in
Slide 10: Geographical Presence
Geographical Presence Annual Installed Capacity India Overseas Total Plastic Products ( ‘000 MT) 181 68 249 IBC (‘000 Nos) 240 720 960 Jammu PE Pipes (‘000 MT) 53 - 53 Baddi Composite Cylinders (‘ 000 Nos) 1,400 - 1,400 MOX Films (MT) 12,000 - 12,000 Pant Nagar Bhuj INDIA Ahmedabad Egypt Bahrain Tai
Slide 11: Global Marquee Customers
Global Marquee Customers TIMET @ Cadila © Cardolite Healthcare Limited i Fuchs ExxonMobil aS & om @ 0 y, PY << HUNTSMAN ye a jusiawr LANXESS Technologies IDEMITSU IndianOil ‘LIFESCIENCES LOREAL Be Bi neste _—. 7's P G x sites MOMENTIVE) NANDAN | soirmacoiue | “Pidilite | wi ithe» a4 PURAC | Bidahi s
Slide 12: Research and Development
Research and Development Dedicated team of more than 30 people for Research Product Re-engineering: Continuous efforts towards and development. reduction in material and energy consumption. 1% of the total turnover spending on research and Process Re-engineering: Making processes more energy 1% deve
Slide 13: Business/Industry Overview
3. Business/Industry Overview 13
Slide 14: Established Products
ESTABLISHED PRODUCTS 14
Slide 15: Established Products - Industrial Packaging
Established Products - Industrial Packaging • TimeTech produces Polymer drums / barrels, Jerry cans and Pails for varied packaging requirements. • The Company uses technologies of polymer processing such as blow moulding, injection moulding and extrusion to produce a wide range of products. • These
Slide 16: Industrial Packaging Industry – Market & Development
Industrial Packaging Industry – Market & Development Market • The global market for industrial packaging is estimated to be around $52 Bn and is forecasted to reach GLOBAL IP MARKET % SHARE BY $61 Bn by 2020 clocking a growth rate of 3.4% per annum 2020 • China, India and other APAC countries will c
Slide 17: Established Products - Infrastructure
Established Products - Infrastructure High Density Polyethylene (HDPE) Pipes & Double Wall Corrugated (DWC) Pipes • HDPE pipes are capable of handling semi- • Double layer Pipe with outer layer having • TimeTech manufactures valve-regulated lead- solid & gaseous effluents and has corrugation and inn
Slide 18: Established Products - Technical & Lifestyle
Established Products - Technical & Lifestyle Turf & Matting Disposal Bins Auto Components • TimeTech is one of the leading players in the • Rain flaps consists of unique surface formed by matting segment. TTL has been delivering value • Disposal Bins a necessity for hygienic life and multiple tuffs
Slide 19: Value Added Products
VALUE ADDED PRODUCTS 19
Slide 20: Value Added Products – Intermediate Bulk Containers - IBC
Value Added Products – Intermediate Bulk Containers - IBC • Range: 1,000 Ltr capacity • Capacity: 2.4 Lakh units p.a. in India and 7.2 Lakh units p.a. overseas • Users: Petrochemicals, Foods, Solvents, etc. • Features: Space Efficiency, Eliminate Waste, Durability and Eco-friendly. • Opportunity: o
Slide 21: Value Added Products - Composite Cylinders
Value Added Products - Composite Cylinders • Range: 2kg – 22 kg capacity (largest in the world) • Capacity: 1.4 Mn units p.a. • Users: Household, Industrial, Trawlers, Caravans, BBQ, Street Cooking, etc. • Features: Explosion Proof, Non-Corrosive, Light and Efficient, and Low Maintenance. • Opportun
Slide 22: Value Added Products – MOX Film
Value Added Products – MOX Film • Range: 35 to 320 GSM thickness • Capacity: 12,000 MT p.a. • Industry: Agriculture, Infrastructure, Packaging, Commercial Vehicles and many more • Features: Tear/Puncture Resistant, 100% Waterproof, Weathering Resistant, UV Resistant, and Chemical Resistant. • Opport
Slide 23: Financial Overview
4. Financial Overview TIME, 23
Slide 24: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products Value Added Products Revenue & EBITDA Margins (%)* 6,000 Revenue & EBITDA Margins (%)* 19.00% 30,000 14.70% 14.60% 5,000 18.50% 25,000 14.50% 18.61% 4,000 18.00% 20,000 14.59% 14.40% 15,000 3,000 14.30% 17.50% 14.18% 14.18% 14.20%
Slide 25: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY16 FY17 FY18 Total Revenue 24,248 27,568 31,049 Total Expenses 20,748 23,504 26,297 EBITDA 3,500 4,064 4,752 EBITDA Margin (%) 14.43% 14.74% 15.30% Depreciation 988 1,155 1,372 Finance Cost 962 901 875 PBT 1,550 2,008 2,505 Tax 325 494
Slide 26: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY17 FY18 Particulars (INR Mn) FY17 FY18 Equity & Liabilities ASSETS Shareholder's Funds Non-Current Assets Share Capital 226 226 Fixed Assets Reserves and Surplus 13,039 14,605 Tangible Assets 10,999 11,991 Total Shareholder's Fund 13,265 14,831 Intan
Slide 27: Consolidated Financials
Consolidated Financials Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 31,049 4,065 4,752 1,804 23,609 27,568 3,433 1,172 1,471 FY16 FY17 FY18 FY16 FY17 FY18 FY16 FY17 FY18 Total Debt to Equity (x) EPS (INR) ROCE % 15.71% 14.68% 13.51% 0.64 6.90 7.98 0.54 0.52 5.66 FY16 FY17 FY18 FY16 FY17 FY18 FY16
Slide 28: Capital Market Information
Capital Market Information Price Data (31st March - 2018) SHAREHOLDING PATTERN AS ON Face Value (INR) 1.0 31ST MARCH 2018 Market Price (INR) 159.5 Public 12% 52 Week H/L (INR) 232.6/111.0 Mutual Funds Market Cap (INR Mn) 36,082 9% Promoter 53% Equity Shares Outstanding (Mn) 226.1 FIIs & Foreign Co.
Slide 29: Disclaimer
DISCLAIMER Time Technoplast Ltd. 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 n
Slide 30: Thank You
TIME THANK YOU