Navin Fluorine International Limited · NSE:NAVINFLUOR
Navin Fluorine International — Q1 FY17 Earnings Presentation
19 slides from Navin Fluorine International's earnings presentation
Slide 1: Navin Fluorine International Limited Result Update Presentation Q1 FY17
Navin Fluorine International Limited Result Update Presentation Q1 FY17
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Navin Fluorine International Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 3: Journey Up the Value Chain Gains Momentum
Journey Up the Value Chain Gains Momentum... ...Driven by Business, Product & Geography Mix 3 Note: Q1 FY17 Results compared with Q1FY16
Slide 4: Standalone Profitability Statement
Standalone Profitability Statement Rs. Crs. Q1 FY17 Q1 FY16 Change % Revenue 164 150 9% Raw Material 65 71 Employee Expenses 18 16 Other Expenses 41 38 Operating EBITDA 40 26 55% Operating EBITDA Margin 24.2% 17.0% 714bps Interest Expenses 0 0 Depreciation 6 5 Operating PBT 34 21 64% Operating PBT M
Slide 5: Revenue Mix: Business Unit Wise
Revenue Mix : Business Unit Wise 7% 12% 37% 32% 16% 16% 40% 40% Q1 FY16 Q1 FY17 CRAMS Inorganic Fluorides Specialty Chemicals Refrigerant Gases 5 * Standalone Results
Slide 6: Business Units Performance: Refrigerants and Inorganic Fluorides
Business Units Performance Refrigerants Inorganic Fluorides Revenue (Rs.Crs) 215 113 105 195 194 98 99 94 176 154 66 26 FY12 FY13 FY14 FY15 FY16 Q1 FY17 FY12 FY13 FY14 FY15 FY16 Q1 FY17 Exports Exports 5% Geographic Mix – Q1 FY17 21% Domestic 95% Domestic 79% 6 * Standalone Results
Slide 7: Business Units Performance: Specialty Chemicals and CRAMS
Business Units Performance Specialty Chemicals CRAMS** Revenue (Rs.Crs) 239 87 215 178 159 156 26 31 53 14 19 FY12 FY13 FY14 FY15 FY16 Q1 FY17 FY13 FY14 FY15 FY16 Q1 FY17 Domestic 0% Exports Geographic Mix – Q1 FY17 38% Exports 100% Domestic 62% 7 ** CRAMS business generating revenue since FY13 * St
Slide 8: Key Updates
Key Updates Manufacturing Facility at Dewas • India’s only plant with cGMP compliant capabilities for high pressure 01 fluorination • Numerous Customer Audits completed successfully • Plant commercially operational Greenfield Facility at Dahej, Gujarat • JV with Piramal Enterprises Ltd. to develop,
Slide 9: Business Overview
Responsible Care” Business Overview rN Wh ARVIND MAFATLAL GROUP
Slide 10: Overview
Overview Built “India’s only plant with high pressure fluorination capabilities with Largest Integrated Specialty cGMP compliance” for CRAMS Business Fluorochemical Company in India Manufacturing plants Over 45 years of expertise strategically located in Handling Fluorine closer to major ports Stron
Slide 11: Business Units (BU) - Standalone
Business Units (BU) - Standalone FY11 – Revenue % FY16 – Revenue % Commenced CRAMS business in 2011 CRAMS – 0% CRAMS – 14% Commenced Specialty Chemicals in Specialty Specialty 2000 Chemicals – 27% Chemicals – 38% Inorganic Fluorides & Refrigerants are Refrigerants (incl. Refrigerants – traditional b
Slide 12: Clients across the Globe
& e Clients across the Globe Ne ; UJ CLARIANT™ Cs) Bayer syngenta Cs) Bayer CropScience 2. PHARMACEUTICAL anaadl Bem. —_INDUSTRIESLTD. eo LUPIN AUROBINDO ‘Committed to Healthier Life e ae Y Dr.ReDpy's LIFE. RESEARCH . HOPE 12 ARVIND MAFATLAL GROUP
Slide 13: Key Strengths
Key Strengths Fluorination Capabilities In-house R&D Pioneered Manufacturing of State-of-the-art R&D centre – Navin Refrigerant Gases in India Research Innovation Centre at Surat Over 45 years of experience in DSIR approved R&D Centre handling Fluorine Supports in product addition & Exte
Slide 14: Growth driven by Every Business Unit
Growth driven by Every Business Unit CRAMS Business progression from Contract Research to Contract Manufacturing cGMP compliant manufacturing facility operational Specialty Chemicals Introduction of new high value added molecules in portfolio Entry into newer geographies Inorganic Fluorides
Slide 15: Strategy Begins to Yield Results
Strategy Begins to Yield Results Operating EBITDA Margin (%) Operating PBT Margin (%) 18% 14% 15% 13% 10% 12% 8% 8% FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 Return on Net Worth (%) Return on Capital Employed (%) 14% 18% 10% 12% 9% 9% 11% 11% FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 15 * Standalone Res
Slide 16: Consolidated Profitability Statement
Consolidated Profitability Statement Rs. Crs. FY16 FY15 Change % Revenue 680 592 15% Raw Material 311 289 Employee Expenses 81 74 Other Expenses 171 156 EBITDA 117 72 63% EBITDA Margin 17.3% 12.2% 506 bps Interest Expenses 4 3 Depreciation 22 20 Operating PBT 91 49 87% Operating PBT Margin 13.4% 8.2
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet Rs. Crs. Mar’16 Mar’15 Shareholder’s Fund Share capital 10 10 Reserves & Surplus 636 578 Minority Interest - 13 Non-current liabilities Long term borrowings 48 27 Deferred Tax Liabilities (net) 37 32 Other non-current liabilities 29 28 Current liabilities Short term borrow
Slide 18: Consistent Dividend Performance
Consistent Dividend Performance Dividend as % of Face Value Robust Dividend Payout Declared Highest ever Total Dividend @ 210% Interim Final Continuous Dividend since last 10 years 160% 160% 150% 150% 150% 140% Special Dividend of Rs. 60 per share in FY 12 Declared Final Dividend of Rs.11 per
Slide 19: Contact
Contact For further information, please contact: Company : Investor Relations Advisors : Navin Fluorine International Ltd. Strategic Growth Advisors Pvt. Ltd. CIN : L24110MH1998PLC115499 CIN : U74140MH2010PTC204285 Mr. Sitendu Nagchaudhuri Ms. Sanjita Ghosh / Mr. Shogun Jain Chief Financial Officer
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