Fineotex Chemical Limited · NSE:FCL
Fineotex Chemical — Investor Presentation (November 2015)
37 slides from Fineotex Chemical's investor presentation, November 2015
Slide 1: Cover letter to stock exchanges
FINEOTEX CHEMICAL LIMITED 155/119 17™ November, 2015 To, General Manager, Listing Department, The Bombay Stock Exchange Limited, P.J, Towers, Dalal Street, Mumbai - 400 001 Company code: 533333 The Manager, Listing & Compliance Department The Nationa! Stock Exchange of India : Limited | Exchange Pla
Slide 2: Fineotex Chemical Limited Investor Presentation November 2015
Fineotex Chemical Limited Where Dependability Counts... Investor Presentation November 2015
Slide 3: Safe Harbour
FINEOTEX® Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Fineotex Chemical Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Snapshot
FINEOTEX® Snapshot Expertise of Product Presence EBITDA – 30% over 35 years Range of over across 33 PAT – 29% in Speciality 400 Products Countries 4YCAGR Chemicals Diversified Customers ZERO DEBT and Product Base Strong R&D Experienced Technical Production Management Knowhow Relationships Facilities
Slide 5: Evolution
FINEOTEX® Evolution Incorporation of 1995 Incorporation of Fineotex Accredited with ISO 9001:2008 2003 Fineotex Chemical Registered Trademark for Chemical Private Limited 2004 ‘FINEOTEX’ Industries (FCI) Acquisition of Fineotex Chemical Industries Listed on BSE 2007 by Fineotex Chemical
Slide 6: Key strengths overview
FINEOTEX® Strengthening 10 Stakeholders Value 09 Certifications 01 Experienced Board Of Directors 08 Customization Product 02 Multi-Product Manufacturing Facilities 07 Innovating Products 03 In-House Research & Development Brands 06 Varied Products for Multiple 04 Presence the Globe across Industrie
Slide 7: Experienced Board Of Directors
FINEOTEX® 01 Experienced Board Of Directors Mr. Surendra Kumar Tibrewala - Chairman & MD Mr. Sanjay Tibrewala – Executive Director & CFO • Commerce graduate from from Mumbai University & a Law • Commerce Graduate from Mumbai University & a Post graduate from Government Law College Graduate, having s
Slide 8: Multi-Product Manufacturing Facilities
FINEOTEX® 02 Multi-Product Manufacturing Facilities Indian Facility at Mahape, Navi Mumbai Malaysian Facility at Bander Baru Bangi, Malaysia 7
Slide 9: Varied Manufacturing Process
FINEOTEX® Varied Manufacturing Process SULPHONATION Sulphation and Sulphonation are the most widely used processes for the production of synthetic anionic surface active agents derived from a wide range of synthetic and natural feedstocks ESTERIFCATION The method to derive products from PHOSPHONATIO
Slide 10: In-House Research & Development
FINEOTEX® 03 In-House Research & Development 2 state-of-the-art laboratories at Navi Mumbai & Andheri continually updated with in house R&D Undertaking constant development measures through in-house R&D to stand up with the growing requirements of the clients Laboratories are equipped with all
Slide 11: Well Equipped Research Laboratories
FINEOTEX® Well Equipped Research Laboratories 10
Slide 12: Strong Brand Positioning
FINEOTEX® Strong Brand Positioning Fineotex® Finocon® Fineocoll® Finofix® Finox® 11
Slide 13: Presence across the Globe
FINEOTEX® 04 Presence across the Globe Presence in 33 countries like Argentina, Bangladesh, Indonesia, Thailand, Pakistan, Colombia, Singapore, UAE, Sri Lanka, Tanzania etc Company expands its export directly & also indirectly through export house Constantly tapping new markets, tie ups with r
Slide 14: Strong Client Relationships
FINEOTEX® 05 Strong Client Relationships 13
Slide 15: Strong Client Relationships
FINEOTEX® Strong Client Relationships 14
Slide 16: Strong Client Relationships
FINEOTEX® Strong Client Relationships 15
Slide 17: Varied Products for Multiple Industries
FINEOTEX® 06 Varied Products for Multiple Industries Paper & Adhesives for Paint Wood & Handicraft Agro Chemical Textile & Garment Water Leather Treatment 16
Slide 18: Multi-Stage Textile Applications
FINEOTEX® Multi-Stage Textile Applications... Woven Fabric Fibre Yarn Knits/Hosiery Pre-Treatment Dyeing Bleaching Printing Finishing 17
Slide 19: With Multiple Product Offering
FINEOTEX® ...with Multiple Product Offering Anti-back Staining Agent Printing Process Core Alkali Neutraliser Demineralising Agent Sequestering Agent Penetrating Agents Fixation Accelerators in Polyester Silicone Defoamer White Inks Thickeners Desizing Agent Wetting Agent Neautralizer Fixers in Pigm
Slide 20: Innovating Products
FINEOTEX® 07 Innovating Products... Low Temperature Bleaching Multifunctional Auxiliary for Sodium Alginate Substitute Pretreatment Process Soda Ash Substitute Acetic Acid Substitute Water & Oil Repellent Zero Formaldehyde Resin Highly Concentrated Silicone Towel Silicones 19
Slide 21: With Value Proposition
FINEOTEX® ...with Value Proposition Lower Per Unit Cost 04 • Higher Yield Products • Better Productivity leading to reduction of Time and Energy Innovation - Better Efficacy Products • Lower generation of Effluent • Products with higher efficiency • Suits all types of Substrates, Processes and Machi
Slide 22: Product Customization
FINEOTEX® 08 Product Customization Customer Centric Workforce The philosophy of every person working at Fineotex is ‘Customer Comes First Customized Products Modifying the products as per customer needs is one of our core competencies Packaging Fineotex provides the right packaging as per Seaworthy
Slide 23: Certifications
FINEOTEX® 09 Certifications ISO 9001:2008 GOTS ISO 14001:2004 Version 4.0 OHSAS Star Export 18001:2007 House 22
Slide 24: Strengthening Stakeholders Value
FINEOTEX® 10 Strengthening Stakeholders Value 01 Zero Debt Company 02 Bonus Issued in 1:1 ratio 03 4 years PAT CAGR of 29% 04 Promoter Stake up from 62.5% to ~72% 05 Proposed Dividend Payout Doubled 23
Slide 25: Standalone Quarter Financial Performance
FINEOTEX® Standalone Quarter Financial Performance Total Income EBITDA +3% +31% 168.4 173.8 48.1 36.6 Q2 FY15 Q2 FY16 Q2 FY15 Q2 FY16 PAT EBITDA & PAT Margin +9% EBITDA % PAT % 30.1 27.6 27.7% 21.7% 16.4% 17.4% Q2 FY15 Q2 FY16 Q2 FY15 Q2 FY16 24 Rs. in Millions
Slide 26: Standalone Half Year Financial Performance
FINEOTEX® Standalone Half Year Financial Performance Total Income EBITDA +4% +51% 327.0 341.4 94.6 62.6 H1 FY15 H1 FY16 H1 FY15 H1 FY16 PAT EBITDA & PAT Margin +35% EBITDA % PAT % 59.6 27.7% 44.2 19.1% 17.5% 13.5% H1 FY15 H1 FY16 H1 FY15 H1 FY16 25 Rs. in Millions
Slide 27: Standalone Profit & Loss account
FINEOTEX® Standalone Profit & Loss account Rs. In Millions Q2 FY16 Q2 FY15 Y-O-Y H1 FY16 H1 FY15 Y-O-Y Total Income 173.8 168.4 3% 341.4 327.0 4% Raw Material 101.6 122.7 199.2 234.4 Employee Cost 5.0 5.7 10.5 8.8 Other Expenses 22.2 19.2 44.5 42.5 Other Income 3.1 15.8 7.5 21.3 EBITDA 48.1 36.6 31%
Slide 28: Standalone Financial Performance
FINEOTEX® Standalone Financial Performance Total Income EBITDA 650 161 +25% +27% 535 407 333 79 79 88 2012 2013 2014 2015 2012 2013 2014 2015 PAT EBITDA & PAT Margin EBITDA % PAT % 112 +30% 23.8% 24.7% 19.5% 58 16.4% 17.2% 51 54 15.4% 13.3% 10.9% 2012 2013 2014 2015 2012 2013 2014 2015 27 Rs. in Mil
Slide 29: Standalone Profit & Loss account
FINEOTEX® Standalone Profit & Loss account Rs. In Millions FY15 FY14 FY13 FY12 Total Income 649.9 534.6 406.9 333.2 Raw Material 434.5 395.1 296.4 233.0 Employee Cost 21.8 21.8 18.0 13.6 Other Expenses 81.0 67.5 38.0 29.4 Other Income 48.1 37.5 25.0 22.1 EBITDA 160.8 87.8 79.4 79.3 EBITDA Margin 24.
Slide 30: Standalone Balance Sheet
FINEOTEX® Standalone Balance Sheet Rs. In Millions Sep-15 Mar-15 Rs. In Millions Sep-15 Mar-15 Shareholder’s Fund 767.6 707.3 Non-current assets 619.7 324.6 Fixed assets (inc. CWIP) 120.9 105.5 Share capital 224.6 224.6 Non – Current Investments 400.9 134.0 Reserves & Surplus 543.0 482.7 Deferred Ta
Slide 31: Consolidated Quarter Financial Performance
FINEOTEX® Consolidated Quarter Financial Performance Total Income EBITDA after MI +9% +73% 314.2 68.9 289.1 39.8 Q2 FY15 Q2 FY16 Q2 FY15 Q2 FY16 PAT after MI EBITDA & PAT Margin after MI +50% EBITDA % PAT % 21.9% 44.0 29.4 13.8% 14.0% 10.2% Q2 FY15 Q2 FY16 Q2 FY15 Q2 FY16 30 Rs. in Millions
Slide 32: Consolidated Half Year Financial Performance
FINEOTEX® Consolidated Half Year Financial Performance Total Income EBITDA after MI +4% +71% 544.9 567.7 127.4 74.4 H1 FY15 H1 FY16 H1 FY15 H1 FY16 PAT after MI EBITDA & PAT Margin after MI +57% EBITDA % PAT % 80.5 22.4% 51.3 13.7% 14.2% 9.4% H1 FY15 H1 FY16 H1 FY15 H1 FY16 31 Rs. in Millions
Slide 33: Consolidated Profit & Loss account
FINEOTEX® Consolidated Profit & Loss account Rs. In Millions Q2 FY16 Q2 FY15 Y-O-Y H1 FY16 H1 FY15 Y-O-Y Total Income 314.2 289.1 9% 567.7 544.9 4% Raw Material 198.1 219.6 347.1 396.3 Employee Cost 8.1 6.5 17.0 14.6 Other Expenses 39.4 37.2 77.4 75.3 Other Income 7.8 15.3 14.2 20.6 EBITDA 76.6 41.1
Slide 34: Consolidated Financial Performance
FINEOTEX® Consolidated Financial Performance Total Income EBITDA +9% 1,019.8 210.3 958.5 +29% 866.7 798.1 119.5 120.3 96.9 2012 2013 2014 2015 2012 2013 2014 2015 PAT EBITDA & PAT Margin EBITDA % PAT % 129.1 +29% 20.6% 70.4 12.5% 13.9% 12.7% 65.0 12.1% 60.0 7.5% 7.3% 7.5% 2012 2013 2014 2015 2012 20
Slide 35: Consolidated Profit & Loss account
FINEOTEX® Consolidated Profit & Loss account Rs. In Millions FY2015 FY2014 FY2013 FY2012 Total Income 1,019.8 866.7 958.5 798.1 Raw Material 682.3 616.2 693.2 594.8 Employee Cost 37.0 35.4 42.8 35.5 Other Expenses 135.6 122.9 128.1 93.3 Other Income 45.4 27.9 25.2 22.5 EBITDA 210.3 120.3 119.5 96.9
Slide 36: Consolidated Balance Sheet
FINEOTEX® Consolidated Balance Sheet Rs. In Millions Sep-15 Mar-15 Rs. In Millions Sep-15 Mar-15 Shareholder’s Fund 825.5 763.2 Non-current assets 592.0 518.0 Fixed assets (inc. Goodwill) 126.7 116.5 Share capital 224.6 224.6 Goodwill on Consolidation 61.4 61.4 Reserves & Surplus 600.9 538.6 Non – C
Slide 37: For further information, please contact
FINEOTEX® For further information, please contact: Company : Investor Relations Advisors : Fineotex Chemical Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L24100MH2004PLC144295 CIN: U74140MH2010PTC204285 Ms. Raina D’Silva Mr. Sudeep Chatterjee/ Mr. Jigar Kavaiya raina@fineotex.com csudeep@sgapl.net
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