Filatex India Ltd · NSE:FILATEX
Filatex India — Q1 FY24 Earnings Presentation
24 slides from Filatex India's earnings presentation, Aug 4, 2023
Slide 1: Stock exchange filing letter - Investor Presentation Q1 FY24
CIN NO.L17119DN1990PLC000091 ^ FILATEX INDIA LIMITED FIL/SE/2023-24/14 4th August, 2023 National Stock Exchange of India Limited BSE Limited Listing Department Listing Department 5th Floor, Exchange Plaza, C -l, Block-G, 25th Floor, Pheroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (E) Dalai St
Slide 2: Investor Presentation August 2023
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | INVESTOR PRESENTATION AUGUST 2023 FILATEX INDIA LIMITED
Slide 3: Inside the Presentation
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 2 03 FINANCIAL & OPERATIONAL HIGHLIGHTS INSIDE THE 10 INDUSTRY TRENDS PRESENTATION 14 GROWTH WITH PURPOSE 17 COMPANY OVERIEW
Slide 4: Financial & Operational Highlights
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 3 FINANCIAL & OPERATIONAL HIGHLIGHTS
Slide 5: Key Message
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 4 KEY MESSAGE “This quarter continued to be marred with high volumes of low-priced Chinese imports flooding the Indian market. The Indian polyester industry has been facing intense competition from cheaper Chinese imports in the domestic market
Slide 6: Quarterly Profit and Loss Statement
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 5 QUARTERLY PROFIT AND LOSS STATEMENT Summary of Profit & Loss Statement KEY PERFORMA N CE METRICS Q1FY24 Q4FY23 Q1FY23 Qo Q YoY Revenue from operations 1,069.27 1,046.78 1,023.29 2.15% 4.49% INR 1069.27 CRORES Revenue Other Income 4.18 7.35 6.
Slide 7: Operational Metrics
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 6 OPERATIONAL METRICS Q1FY24 vs Q4FY23 (QoQ) PRODUCTION Q1FY24 vs Q1FY23 (YoY) Despite a large inflow of cheap PRODUCTION Chinese imports, the demand for 102,404 MT 102,404 MT Polyester yarn was robust and we achieved the highest levels of 97,6
Slide 8: Annual Profit and Loss Statement
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 7 ANNUAL PROFIT AND LOSS STATEMENT Summary of Profit & Loss Statement KEY PERFORMA N CE METRICS FY23 FY22 YoY Revenue from operations 4303.87 3828.09 12.43% INR 4303.87 CRORES Revenue Other Income 18.14 25.23 (28.10%) Total Income 4322.01 3853.
Slide 9: Annual Balance Sheet
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 8 ANNUAL BALANCE SHEET PART IC UL ARS Mar 2023 Mar 2022 YoY Shareholders Fund 1099.02 1,085.46 1.25% Non-Current Liabilities Long Term Borrowings 431.64 248.60 485.71 303.68 (11.13%) (18.14%) 0.27x Debt Equity Ratio Current Liabilities 582.52 4
Slide 10: Operational Performance
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 9 OPERATIONAL PERFORMANCE PRODUCTION (MT) SALES (MT) 3,82,133 380,197 3,40,666 3,41,480 3,32,185 3,23,545 2,81,857 2,79,595 2,59,905 2,58,693 2,21,422 2,19,167 1,99,165 1,89,945 1,59,506 1,56,768 1 FY16 FY17 FY18 FY19 FY20 FY21# FY22 FY23 FY16
Slide 11: Industry Trends
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 10 INDUSTRY TRENDS
Slide 12: World Fibre Production (2008-2021)
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 11 WORLD FIBRE PRODUCTION (2008-2021) Production Capacity (in 1000MT) FIBRES 2008 % 2021 % CAGR GROWTH NATURAL FIBRES Polyester is the most widely used fibre worldwide. Raw Cotton 23,584 31.47 24,700 21.94 0.39 1,116 With an annual production o
Slide 13: Growth Drivers for Indian MMF Industry
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 12 GROWTH DRIVERS FOR INDIAN MMF INDUSTRY PER-CAPITA CONSUMPTION OF ALL FIBRES (IN KGS) North America 36.9 SHIFT IN DEMAND INCREASING ONLINE LOWER THAN WORLD Australia 28.6 TOWARDS MMF TREND AVERAGE PER CAPITA FIBRE The global textiles business
Slide 14: Policy Initiatives
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 13 POLICY INITIATIVES The Government of India has taken several strategic steps to boost the manufacturing of man-made fibres in India 7 MEGA TEXTILE PARKS The government has approved setting up Included synthetic seven mega textile parks under
Slide 15: Growth with Purpose
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 14 GROWTH WITH PURPOSE
Slide 16: Being a Responsible Corporate Citizen
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 15 BEING A RESPONSIBLE CORPORATE CITIZEN FOCUS ON RENEWABLE ENERGY The Company currently sources power from rooftop solar power plants at both its plants, with 1 MW at Dahej and 0.91 MW at Dadra as well as 0.9 MW from a 3rd party hybrid wind so
Slide 17: Growing with Our Communities
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 16 GROWING WITH OUR COMMUNITIES SUPPORTING THOSE IN NEED DURING THE PANDEMIC Filatex prioritises sustainability and social responsibility as much as the business. The Company continues to fulfil its role as a responsible corporate citizen by in
Slide 18: Company Overview
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 17 COMPANY OVERVIEW
Slide 19: Company Overview
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 18 COMPANY OVERVIEW Filatex India Limited is among the country’s leading manufacturers of Polyester Filament Yarn focused on capitalising synergies created through its integrated business model. 30+ YEARS Experience in manufacturing yarn Driven
Slide 20: Production Capacities
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 19 PRODUCTION CAPACITIES 4,01,040 TONNES Total Capacity Annual Production Capacities FY24 (in MT) PARTICUL ARS PRODUCTIO N CAPTIVE US E NET CAPACITY Polyester Chips Polyester DTY Polypropylene Polyester POY Polyester FDY Narrow Woven Fibres Pol
Slide 21: Our Products
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 20 OUR PRODUCTS 2023 POLYESTER CHIPS: Industrial intermediate product used to manufacture Polyester yarns. FULLY DRAWN YARNS /FDY: Fully drawn polyester filament yarn is directly used for producing all kinds of fabrics specially for children an
Slide 22: Catering to Diverse End-Users
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 21 CATERING TO DIVERSE END-USERS HOME TEXTILES & FURNISHINGS WOMEN INNER WEAR INDUSTRIAL USE CASES OUTDOOR CLOTHING & ATHLEISURE WIDE-RANGE OF APPARELS
Slide 23: Disclaimer
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | 22 DISCLAIMER This investor presentation has been prepared by Filatex India Limited and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information
Slide 24: Filatex India Limited
Q1 FY24 INVESTOR PRESENTATION | FILATEX INDIA LIMITED | FILATEX INDIA LIMITED BHAGERIA HOUSE, 43 Community Centre, New Friends Colony, New Delhi –110025 P: +91-11-26312503 E: ir@filatex.com BSE: 526227 | NSE: FILATEX ISIN: INE816B01035 CIN: L17119DN1990PLC000091 www.filatex.com