Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q1 FY2018 Earnings Presentation
17 slides from Time Technoplast's earnings presentation, 2017
Slide 1: Bringing Polymers to Life: Earnings Presentation Q1-FY18
BRINGING POLYMERS TO LIFE EARNINGS PRESENTATION – Q1-FY18
Slide 2: 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 3: 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 9 Container (IBC) manufacturer manufacturer composite cylinder countries worldwide worldwide worldwide (2kg-22kg)
Slide 4: 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 MOX Films Composite IBCs VALUE ADDED PRODUCTS 4
Slide 5: Q1-FY18 Key Financial Highlights (Consolidated)
Q1-FY18 Key Financial Highlights (Consolidated) Y-o-Y Particulars (INR Mn) Q1-FY18 Q1-FY17 Growth Revenues* 6,809 6,200 9.82% EBITDA 1,019 920 10.65% EBITDA Margins 14.95% 14.83% 12 bps PAT 363 319 13.79% PAT Margins 5.33% 5.15% 18 bps Volume Growth 12% * Includes Other Income 5
Slide 6: Q1-FY18 Financial Highlights
Q1-FY18 Financial Highlights • Sale Value grew by 10% led by volume growth of 12% • Finance cost reduced by 69 bps (3.78% to 3.09%) • Cash profit grew by 17% • India & Overseas Revenue – Q1-FY18 - 68% : 32% (69% : 31%) • EBITDA margins in overseas and India are almost similar (14.59% vs.15.13%). How
Slide 7: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products (INR Mn) Value Added Products (INR Mn) Revenue & EBITDA Margins (%) Revenue & EBITDA Margins (%) 14.38% 17.75% 14.35% 17.60% 5,353 5,657 1,152 847 Q1-FY17 Q1-FY18 Q1-FY17 Q1-FY18 REVENUE SHARE – Q1-FY17 REVENUE SHARE – Q1-FY18 Val
Slide 8: Q1-FY18 - Key Operational Highlights
Q1-FY18 - Key Operational Highlights Particulars Value (INR Mn) Q1 FY18 Q1 FY17 Y-o-Y Established Products Plastic Products 5,126 4,928 4.02% PE Pipes 531 425 24.94% Total (A) 5,657 5,353 5.69% Value Added Products Intermediate Bulk Container (IBC) 807 723 11.51% Composite Cylinders 252 124 102.53%
Slide 9: Q1-FY18 Operational Highlights
Q1-FY18 Operational Highlights • Capacity utilization above 50% on run rate basis in the very first quarter of product launch of Mox Films • Established fabrication facility for MOX Films at existing location Silvassa and also at Hosur, Hyderabad, Baddi & Pantnagar for timely delivery • 100% Enhance
Slide 10: Consolidated Quarterly Financial Statement
Consolidated Quarterly Financial Statement Particulars (INR Mn) Q1-FY18 Q1-FY17 Y-o-Y Q4-FY17 Total Revenue 6,809 6,200 9.82% 8,115 Total Expenses 5,791 5,280 9.67% 6,975 EBITDA 1,018 920 10.65% 1,140 EBITDA Margin (%) 14.95% 14.83% 12 bps 14.05% Depreciation 328 264 24.24% 325 Finance Cost 210 234
Slide 11: Strategic Direction towards Value Added Products
Strategic Direction towards Value Added Products Established Products Value Added Products Revenue & EBITDA Margins (%)* Revenue & EBITDA Margins (%)* 14.3% 17.6% 17.2% 14.2% 14.2% 16.9% 19,823 20,734 23,870 2,370 2,875 3,698 FY15 FY16 FY17 FY15 FY16 FY17 REVENUE SHARE - FY15 REVENUE SHARE - FY17 Va
Slide 12: Consolidated Financials – Continued Business
Consolidated Financials – Continued Business Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 27,568 1,471 22,192 23,609 3,433 4,065 1,078 1,172 3,212 FY15 FY16 FY17 FY15 FY16 FY17 FY15 FY16 FY17 Total Debt to Equity (x) EPS (INR) ROCE % 14.68% 13.51% 12.88% 0.78 6.90 0.64 0.54 5.66 5.22 FY15 FY16 FY17
Slide 13: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY15 FY16 FY17 Total Revenue* 24,797 24,248 27,568 Total Expenses 21,375 20,748 23,504 EBITDA 3,422 3,500 4,064 EBITDA Margin (%) 13.8% 14.43% 14.74% Depreciation 875 988 1,155 Finance Cost 1,043 962 901 PBT 1,504 1,550 2,008 Tax 373 325
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY15 FY16 FY17 Particulars (INR Mn) FY15 FY16 FY17 Equity & Liabilities ASSETS Shareholder's Funds Non-Current Assets Share Capital 210 210 226 Fixed Assets Reserves and Surplus 10,163 11,472 13,039 Tangible Assets 10,280 10,203 10,999 Money received a
Slide 15: Capital Market Information
Capital Market Information Price Data (30-June-2017) SHAREHOLDING PATTERN AS ON Face Value (INR) 1 30TH JUNE 2017 Public Market Price (INR) 159.55 11% Mutual Funds 52 Week H/L (INR) 177.00/48.85 9% Market Cap (INR Mn) 36,082 Promoter 53% FII Equity Shares Outstanding (Mn) 226.1 27% 1 Year Avg. tradi
Slide 16: 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 17: Thank You
TIME THANK YOU