Apcotex Industries Ltd · NSE:APCOTEXIND
Apcotex Industries — Q3 FY2022 Earnings Presentation
13 slides from Apcotex Industries's earnings presentation, Jan 28, 2022
Slide 1: Exchange filing cover letter: Earnings Presentation December 2021
Date: 28th January 2022 To, To, Manager - Department of Corporate Services The Manager - Listing Department, BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, Dalal Street, Fort, Block G, Bandra - Kurla Complex, Mumbai - 400 001 Bandra
Slide 2: Earnings Presentation 9M/Q3-FY22
EARNINGS PRESENTATION 9M/Q3-FY22
Slide 3: Executive Summary
Executive Summary OVERVIEW ▶ Apcotex Industries Ltd (Apcotex) is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India. ▶ The company has one of the br
Slide 4: Company Overview
Company Overview Op. Revenue (INR Mn) and Operating EBITDA Margin (%) ▶ The company’s Taloja plant was established in 1980 as a division of Asian 8000 13.9% 16.0% Paints (India) Ltd. In 1991, the division was spun off as a separate company, 7000 12.9% 14.0% 10.8% which was headed by Mr. Atul Choksey
Slide 5: 9M/Q3-FY22 Financial Highlights
9M/Q3-FY22 Financial Highlights Q3-FY22 Financial Highlights 9M-FY22 Financial Highlights INR 2,508 Mn INR 339 Mn INR 6,794 Mn INR 946 Mn Operational Revenue Operating EBITDA Operational Revenue Operating EBITDA 13.52% INR 238 Mn 13.92% INR 679 Mn Operating EBITDA Margin Net Profit Operating EBITDA
Slide 6: Q3-FY22 Operational Highlights
Q3-FY22 Operational Highlights Business Performance: o Across all financial parameters the company has reached historical highs in Q3-FY22 o Revenues for the quarter grew by 52% YoY to INR 251 Cr. o Quarterly Volumes grew YoY for both Q3 and 9M-FY22 due to: • Full benefits of all debottlenecking pro
Slide 7: Q3-FY22 Income Statement (As per IndAS)
Q3-FY22 Income Statement (As per IndAS) Particulars (INR Mn) Q3-FY22 Q3-FY21 Y-o-Y Q2-FY22 Q-o-Q Operational Revenue 2,508 1,646 52.4% 2,434 3.0% Total Expenses 2,169 1,403 54.6% 2,120 2.3% Operating EBITDA 339 243 39.5% 314 8.0% Operating EBITDA Margin 13.52% 14.76% (124) Bps 12.90% 62 Bps Deprecia
Slide 8: 9M-FY22 Income Statement (As per IndAs)
9M-FY22 Income Statement (As per IndAs) Particulars (INR Mn) 9M-FY22 9M-FY21 Y-o-Y Operational Revenue 6,794 3,537 92.1% Total Expenses 5,848 3,151 85.6% Operating EBITDA 946 386 NA Operating EBITDA Margin 13.92% 10.91% 301 Bps Depreciation 105 113 (7.1)% Finance Cost 25 30 (16.7)% Other Income 63 4
Slide 9: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY19 FY20 FY21 9M-FY22 Operational Revenue 6,257 4,960 5,406 6,794 Total Expenses 5,581 4,626 4,708 5,848 Operating EBITDA 676 334 698 946 Operating EBITDA Margin 10.80% 6.73% 12.91% 13.92% Depreciation 118 134 145 105 Finance Cost 18 13 38 25 Other I
Slide 10: Balance Sheet
Balance Sheet Particulars (INR Mn) FY20 FY21 H1-FY22 Particulars (INR Mn) FY20 FY21 H1-FY22 Shareholders Fund 2,513 3,054 3,528 Total Non Current Assets 1,916 2,383 2,658 Equity Share Capital 104 104 104 Property, Plant and Equipment 1,239 1,441 1,563 Other Equity 2,409 2,950 3,424 Capital Work in p
Slide 11: Historical Performance Indicators
Historical Performance Indicators Operational Revenue (In Mn) Operating EBITDA and EBITDA Margin PAT and PAT Margin 8000 6,794 1000 20.0% 7000 6,257 900 18.0% 800 7.5% 10.0% 12.0 8.2% 6000 5,382 5,406 800 13.9% 16.0% 700 7.2% 4,960 10.8% 12.9% 10.0 700 11.9% 14.0% 600 5000 600 12.0% 500 8.0% 4000 50
Slide 12: Disclaimer
Disclaimer Apcotex Industries Ltd Disclaimer: This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apcotex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation t
Slide 13: Thank You
Thank You