Fineotex Chemical Limited · NSE:FCL
Fineotex Chemical — Investor Presentation (May 2021)
33 slides from Fineotex Chemical's investor presentation, May 3, 2021
Slide 1: Fineotex Chemical Limited exchange filing cover letter
FINEOTEX® A Speciality Chemical Producing Public Listed Company 3" May, 2021 To, General Manager, The Manager, Listing Department, Listing & Compliance Department BSE Limited, The National Stock Exchange of India P.J. Towers, Dalal Street, Limited Mumbai — 400 001 Exchange Plaza, Bandra Kurla Comple
Slide 2: Fineotex Chemical Limited Investor Presentation
Fineotex Chemical Limited (BSE: 533333; NSE: FCL) Investor Presentation May 2021 Drilling Specialties Textile Specialties Home Care and Hygiene Specialties Other Specialties
Slide 3: Agenda
Agenda Company Overview 3 – 16 Sustainability Approach 17 – 25 Financial Performance 26 – 30 2
Slide 4: Company Overview
Company Overview 3
Slide 5: An Introduction to Fineotex
An Introduction to Fineotex Speciality chemicals producer for 4+ decades with a market 450+ 60+ leading position in the international textiles industry Product Categories Countries Present Bluesign, ZDHC, 43,000+ MT p.a. Successful entry into home care and hygiene and drilling Star Export House Inst
Slide 6: Fineotex Investment Case
Fineotex Investment Case Business Dynamics Acquisition Track Record Global Customer Reach • Fineotex and Biotex associated with • Biotex (73% owned) net profit has • International acceptance by high quality and innovation across grown by a factor of 10x since profile customers industries globally ac
Slide 7: Our Evolution
Our Evolution 1995 2004 2007 2011 2014 ❖ Incorporation of ❖ Accredited with ❖ Acquisition of FCPL ❖ Listed on BSE ❖ Bonus declared on 1:1 Fineotex ISO 9001:2008 by Fineotex Chemical ❖ Incorporated wholly owned basis Chemical ❖ Incorporation of Limited subsidiary in Malaysia ❖ Accredited with ISO Ind
Slide 8: Driving Future Growth
Driving Future Growth Home Care Specialities Hygiene Specialities Textile Specialities Drilling Specialities Leverage core manufacturing and development expertise into new high growth areas 7
Slide 9: Focus on Growth and Diversification
Focus on Growth and Diversification Home Care and Hygiene Chemicals Drilling Speciality Chemicals Other Speciality Chemicals • Customised solutions for: • Customised solutions for Oil and Gas • A unique ‘Mosquito Life Cycle Controller’ product ▪ Housekeeping, Kitchen Care and Disinfectants • Signifi
Slide 10: Home Care and Hygiene Division
Home Care and Hygiene Division Diversified Product Offering • Air freshener • Hygienic hard surface Housekeeping • Carpet cleaner cleaner • Carpet shampoo • Multi surface cleaner • Deodorizers • Surface cleaner cum • Floor cleaner disinfectant • Furniture maintainer • Toilet bowl cleaner • Glass cle
Slide 11: Upcoming Facility at Ambernath, Maharashtra
Upcoming Facility at Ambernath, Maharashtra About the Facility ➢ Located on ~4 acres of land ➢ The facility is progressing as per schedule and is expected to be commissioned in Q1 FY2022. Equipment and machinery is currently being installed ➢ Proposed deployment of Rs. 270 million out of which Rs. 2
Slide 12: Synergistic Business Model
Synergistic Business Model Fineotex - India Biotex - Malaysia • Diverse product portfolio (400+ categories) • Niche product portfolio (50+ categories) across business segments Overview • High end super speciality textile chemical • Applications primarily across the entire textile applications value
Slide 13: Specialty Textile Chemicals Overview
Specialty Textile Chemicals Overview Steps Weaving Pre-treatment Dyeing Printing Finishing De-sizing, Dyeing, Rotary Exhaust Process Sizing Scouring, Washing, Printing, Padding Bleach Fixing Table Printing Enzymes, Dyes, Acids, Dyes, Binder Softeners, Wetting & Alkali Thickener, Fixer Product Polyme
Slide 14: New Product Offerings from Biotex
New Product Offerings from Biotex ‘The Bioguard Series’ of products from Biotex with water and oil repellent features in great demand post outbreak of COVID-19 13
Slide 15: Global Customer Reach
Global Customer Reach • Sales in 60+ countries including Brazil, Bangladesh, Germany, Indonesia, Malaysia, Singapore, Syria, Thailand, USA, Venezuela and Vietnam • 30+ technical marketing experts • 100+ dealers in Indian and International markets FY21 Revenue Mix 57% 43% Facilities at Mahape and Amb
Slide 16: Strategic Direction
Strategic Direction Leverage Fineotex’s industry insights and long standing customer relationships with Biotex’s high end product expertise and regional positioning to serve global customers Fineotex+ Biotex Synergies Upcoming brownfield facility at Ambernath, Maharashtra to be future ready for next
Slide 17: State-of-the-Art R&D Infrastructure
State-of-the-Art R&D Infrastructure • One of the finest R&D capabilities in the industry • State-of-the-art technology that is constantly updated through our in-house R&D facilities Overview • Capabilities to develop and customize products to adhere to client requirements • Modern Equipment such as
Slide 18: Sustainability Approach
Sustainability Approach 17
Slide 19: Board of Directors
Board of Directors Surendrakumar Tibrewala Sanjay Tibrewala Aarti Jhunjhunwala Navin Mittal Chairman and Managing Director Executive Director Executive Director Independent Director Alok Dhanuka CS Bindu Shah Dr. Anand Patwardhan Dr. Sunil Waghmare Independent Director Independent Director Independe
Slide 20: Management Team
Management Team Surendra Kumar Tibrewala Sanjay Tibrewala Aarti Jhunjhunwala Education: B.Com and LLB Education: B.Com and P.G. in Textile Education: B.Com and M.Com Chemicals and Processing Managing Director Chief Financial Officer Head - International Marketing Noa N. Ouakass Kedar Sankar Sonai Ra
Slide 21: Manufacturing Platforms (GMP Certified)
Manufacturing Platforms (GMP* Certified) Location Operating Facts Strategic Advantages Manufacturing Excellence • Total Production • Strategically located plant near key Capacity: 36,500 MT port close to Mumbai with • Current Utilisation: 56% logistical advantage to textile hubs across North, West,
Slide 22: Accreditations: Biotex Malaysia
Accreditations: Biotex Malaysia Certificate Value Proposition • Bluesign is recognized as a leading certification for sustainability in the global textile industry. As a partner, Biotex is committed to applying the bluesign system to meet the highest level of safety for both people and environment,
Slide 23: Accreditations: Fineotex India
Accreditations: Fineotex India Certificate Value Proposition • ISO 9001:2015 defines the guiding principles to create efficiencies by aligning and streamlining processes throughout the organization, create new opportunities, meet regulatory requirements, and help organizations expand into new market
Slide 24: Visit our ESG Profile
Visit our ESG Profile on “The Company has specified programs in support of inclusive growth and equitable development. It is the endeavor of the company to ensure that there is continuous improvement in its economic, environmental and social performance as the tagline of the company reads as “let us
Slide 25: ESG Profile: Environment and Social Highlights
Visit our ESG Profile on Environment Highlights Social Highlights “Fineotex Chemical Limited makes effort to respect, protect, and “We consider our employees as our most valuable asset and have make efforts to restore the environment. FCL is committed to ensuring been working towards keeping them en
Slide 26: ESG Profile: Governance Highlights and Key Facts
Visit our ESG Profile on Governance Highlights Key ESG Facts “The Company’s philosophy on Corporate Governance relates to creating an organization intended to maximize the wealth of Bhive certified shareholders, establish productive and lasting relationships with all shareholders with the emphasis l
Slide 27: Financial Performance
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Slide 28: H2 FY21 Compared to H2 FY20
H2 FY21 Compared to H2 FY20 Rs. Mn. Revenue and Gross Margin EBITDA and EBITDA Margin 19.8% 37.7% 37.2% 16.3% 265 Cash Flow from Operations 1,334 956 156 H2 FY 20 H2 FY 21 H2 FY 20 H2 FY 21 336 PBT and PBT Margin PAT and PAT Margin 135 25.2% 19.0% H2 FY 20 H2 FY 21 336 254 5.2% 2.1% 50 20 H2 FY 20 H
Slide 29: Consolidated Annual Performance Trend
Consolidated Annual Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 40.3% 21.0% 35.5% 37.3% 35.7% 19.0% 18.6% 17.4% 1,963 2,185 405 1,823 347 342 1,429 300 FY 18 FY 19 FY 20 FY 21 FY 18 FY 19 FY 20 FY 21 PBT and PBT Margin PAT and PAT Margin 25.6% 20.4% 23
Slide 30: Consolidated Balance Sheet and Return Ratios Trend
Consolidated Balance Sheet and Return Ratios Trend (Rs Mn) Mar-20 Sep-20 Mar-21 Cash Flow from Operations /EBITDA (%) ST Debt 28 30 34 88% 83% LT Debt 0 0 0 Total Debt 28 30 34 Cash & Cash Equivalent 179 314 339 35% Net Cash 151 284 305 21% Equity 1,760 1,939 2,161 Total debt/Equity 0.02x 0.02x 0.02
Slide 31: Consolidated P&L Summary: Q4 and FY2021
Consolidated P&L Summary: Q4 and FY2021 (Rs. Million) Q4 FY21 Q4 FY20 YoY% Q3 FY 21 QoQ% FY 21 FY 20 YoY% Revenue from Operations 750.2 435.8 72.1% 583.5 28.6% 2,185.1 1,963.4 11.3% COGS 487.4 265.5 83.6% 349.6 39.4% 1,405.7 1,231.4 14.2% Gross Profit 262.8 170.3 54.3% 233.9 12.3% 779.3 731.9 6.5% G
Slide 32: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Fineotex Chemical Limited (“Fineotex Chemical” or the Company) future bus
Slide 33: Fineotex Chemical Limited
Fineotex Chemical Limited FINEOTEX CHEMICAL LIMITED (CIN Number: L24100MH2004PLC144295) 42-43, Manorama Chambers, S. V. Road Bandra (West), Mumbai - 400 050, India Phone: (+91 - 22) 26559174 / 75, (+91 - 22) 26559176 / 77 Email: info@fineotex.com www.fineotex.com 32