Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q3 FY2023 Earnings Presentation
22 slides from Time Technoplast's earnings presentation, February 2023
Slide 1: Earnings Presentation 9M/Q3 FY2023
BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 Earnings Presentation 9M/ Q3 FY2023 ©2023, Time Technoplast Ltd., All Rights Reserved
Slide 2: Management Commentary
MANAGEMENT C O M M E N TA RY “It’s been a year since Mr. Anil Jain, Co-founder and Managing Director of the Company passed away, but his vision continues to remain strong. With his values, we will continue to work towards his dream of growing the Company. The Company continues to strengthen its mark
Slide 3: Table Of Content
Table Of Content Financial Highlights Company Overview Appendix
Slide 4: Financial Highlights
Financial Highlights
Slide 5: Q3FY23 Financial Snapshot
Q3FY23 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 10% 20% 14% 12% QoQ Growth YoY Growth QoQ Growth YoY Growth Volume Growth (16% YoY) 8% 37% 14.5% 13.1% 13.5% Revenue Growth (20% YoY) 11% 42% 11,307 10,244 Revenue Contribution 64% 36% 9,427 1,365 1
Slide 6: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 15,000 10,000 18.00% 9,000 18.00% 12,000 14.4% 8,000 14.7% 14.2% 13.2% 18% 7,000 24% YoY YoY 9,000 6,000 7,601 6,450 Revenue 5,000 Revenue 6,000 Share 4,000 3,685 Share 67
Slide 7: Established Products and Value Added Products
Established Products and Value Added Products Established Products* Value Added Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 15,000 10,000 9,000 13.6% 12,000 12.2% 8,000 17.5% 17.3% 17% 7,000 18.00% 32% YoY YoY 9,000 8,446 6,000 7,251 Revenue 5,000 Revenue 6,000 Sha
Slide 8: 9MFY23 Financial Snapshot
9MFY23 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 19% 12% YoY Growth YoY Growth Volume Growth (13% YoY) 9% 23% 14.1% 13.3% Revenue Growth (19% YoY) 14% 29% 31,002 4,110 Revenue Contribution 64% 36% 3,687 26,124 EBITDA Margin 13.4% 13.0% PAT Margin
Slide 9: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 15,000 14.0% 14.4% 33,000 14,000 13.9% 30,000 12.9% 13,000 12,000 27,000 16% 11,000 10,303 25% 24,000 10,000 20,667 YoY YoY 21,000 9,000 8,256 17,853 8,000 18,000 Revenue
Slide 10: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products* Value Added Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 15,000 34,000 13.3% 14,000 17.1% 17.1% 18.00% 13,000 31,000 12.1% 12,000 28,000 16% 11,000 29% 10,000 YoY YoY 25,000 23,604 9,000 8,000 7,
Slide 11: Product Segment Wise Value and Volume Numbers
Product Segment Wise Value and Volume Numbers Value Volume YoY YoY Particulars 9MFY23 9MFY22 Growth Growth Unit 9MFY23 9MFY22 (₹ Mn) (₹ Mn) % % TURNOVER REGULAR BUSINESS Packaging (Excl. IBC Business ), Lifestyle , Auto , Batteries 22,076 18,954 16.5% M.T. 175,093 157,743 Business etc. PE Pipes 1,52
Slide 12: 9MFY23 Highlights
9MFY23 Highlights Total capex in 9MFY23 towards brownfield expansion, maintenance, re-engineering and automation ₹ 1,692 Mn. Established Products ₹ 535 Mn. Value Added Products (mainly towards IBC and CNG expansion) ₹ 1,157 Mn. Capacity utilization: Overall 81% Continued focus on improving Worki
Slide 13: 9MFY23 Highlights
9MFY23 Highlights Pipes Segment showing signs of improvement with reduction in polymer prices, inflow of new orders and release of funds to EPC contractors by government authorities for ongoing projects The pipes/ducts have substantial business potential specially in government projects like Sma
Slide 14: 9MFY23 Highlights
9MFY23 Highlights Composite Cylinder- CNG application (Cascades) Company receiving over whelming response in a short period of time for CNG Cascades with Fully Wrapped Carbon Fibre Reinforced Type- IV Composite Cylinder. Current order book position of around ₹ 2.20 billion Composite Cylinder- CN
Slide 15: Company Overview
Company Overview
Slide 16: Time Technoplast
Time Technoplast Time Technoplast Limited (Time Tech) is a multinational company and one of the leading manufacturer of technology based polymer and composite products Strong presence in Asia & MENA regions with presence in 10 different countries Leading Global outside India Industrial Packaging Has
Slide 17: Innovative and Tech Oriented Products
Innovative and Tech Oriented Products Industrial Packaging Infrastructure Focus on Innovative & Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Innovative Polymer Products Devices Tech oriented polymer products and have several firsts to our credit- Auto Components a
Slide 18: Appendix
Appendix
Slide 19: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Mn) Q3FY23 Q3FY22 9MFY23 9MFY22 FY22 Total Income 11,307 9,427 31,002 26,124 36,528 Total Expenses 9,777 8,062 26,892 22,437 31,440 EBITDA 1,530 1,365 4,110 3,687 5,088 EBITDA Margin (%) 13.5% 14.5% 13.3% 14.1% 13.9% Finance Cost (Net) 255 229 726 693 920
Slide 20: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) H1FY23 FY22 Particulars (₹ Mn) H1FY23 FY22 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 Other Equity 21,237 20,501 Non-Current Assets Total Shareholder's Fund 21,463 20,727 Fixed Assets Minority Interest 551 534 Property, Plant &
Slide 21: Consolidated Cash Flow
Consolidated Cash Flow Particulars (₹ Mn) H1FY23 FY22 Net cash flow from operating activities 1,755 2,908 Profit before tax & extraordinary items 1,285 2,594 Depreciation 824 1,574 Interest 471 920 Others 51 42 Working Capital Changes (563) (1,682) Tax Payment (313) (540) Net cash used in Investing
Slide 22: Thank You
For further information, please contact: Mr. Digvijay Singh Rathore Mr. Siddesh Chawan Thank Manager – Investor Relations Ernst & Young LLP, Investor Relations +91 22 7111 9304 digvijay.rathore@timetechnoplast.com +91 22 6192 0000 siddesh.chawan@in.ey.com You Except for the historical information co