Tinna Rubber & Infrastructure Limited · NSE:TINNARUBR
Tinna Rubber & Infrastructure — Q1 FY24 Earnings Presentation
23 slides from Tinna Rubber & Infrastructure's earnings presentation, Jul 31, 2023
Slide 1: Regulation 30 filing letter to stock exchanges
TINNA RUBBER AND INFRASTRUCTURE LTD CIN NO. : L51909DL1987PLC027186 Regd. Office : Tinna House, No-6, Sultanpur, Mandi Road, Mehrauli, New Delhi -110030 (INDIA) Tel. : (011) 4951 8530 (70 Lines), (011) 4900 3870 (30 Lines) E-mail : tinna.delhi@tinna.in URL - www.tinna.in Date: 31st July, 2023 To, To
Slide 2: Earnings Presentation | Q1-FY24
EARNINGS PRESENTATION | Q1-FY24
Slide 3: Company Overview
Company Overview Caring for Environment Operational Revenue (INR Mn) EBITDA Margins (%) 2,954 Tinna Rubber & Infrastructure Limited (TRIL), was founded in 1977 under the visionary leadership of Mr 2,292 Bhupinder Kumar Sekhri who has five decades of experience in rubber industry. 1,301 16.10% 12.42%
Slide 4: Journey So Far
Journey So Far Caring for Environment Expanded capacity of Set up four Successfully Reclaim Rubber and set waste tyre penetrated up a subsidiary in recycling plants exports Netherlands and became the market 2021 Pioneered the largest producer concept of rubberized of recycled asphalt (CRMB) for rubb
Slide 5: Sector-Wise Use and Sale Contribution
Sector-Wise Use and Sale Contribution Caring for Environment Bitumen Roads Conveyor Belt Steel Abrasives Gym Tiles Crumb Rubber Infill Tyres Medical Dropper Rubber Mats Infrastructure Sector Industrial Sector Steel Sector Consumer Sector 49% 28% 16% 7% * Percentage share is based on FY23 Revenue Con
Slide 6: Manufacturing Facilities – India and Oman
Manufacturing Facilities – India and Oman Caring for Environment Panipat (Haryana) Saham Delhi (Al Batnah) (Headquarters) Mathura (Uttar Pradesh) INDIA OMAN Haldia (West Bengal) Wada (Maharashtra) Total 5 plants, 4 in India and 1 in Oman. Gummidipondi Bitumen Emulsion Plant (Tamil Nadu) Reclaim Rubb
Slide 7: Key Strengths
Key Strengths Caring for Environment Fully Integrated, 99.5% recovery Zero Liquid Logistically well from collection of from tyres (Zero Discharge placed ELTs to production Waste) Operations Manufacturing of recycled Locations materials Experience of High ability of The largest Pioneer and largest 5
Slide 8: Enabling Circular Economy
Enabling Circular Economy Caring for Environment TRIL business is a prime example of success of circular economy model which involves utilizing existing materials and products efficiently through recycling and reusing. TRIL recovers 99.5% material from End-of-Life Tires (ELT), converting them into s
Slide 9: Creating road for sustainability - Build India
Creating road for sustainability - Build India Caring for Environment IIT TIRUPATI FINDING ON LIFE CYCLE ASSESSMENT (VIRGIN BITUMEN V/S CRMB) Global tyre companies target to In a study done by Ragn-Sells CRMB (Crumb Rubber Modified Bitumen) has meet Sustainable Development Dockatervinning AB, Sweden
Slide 10: Financial Overview
Caring for Environment Financial Overview Earnings Presentation | www.tinna.in 9
Slide 11: Q1-FY24 Key Financial Highlights
Q1-FY24 Key Financial Highlights Caring for Environment Q1-FY24 Financial Performance- Standalone Revenue from Operations EBITDA EBITDA Margins INR 806 Mn INR 121 Mn 15.03 % -1.8% Y-o-Y 6.2% Y-o-Y 114 Bps Y-o-Y PAT PAT Margins Diluted EPS INR 70 Mn 8.70 % INR 8.19 16.4% Y-o-Y 135 Bps Y-o-Y 16.83% Y-
Slide 12: Q1-FY24 Key Operational Highlights
Q1-FY24 Key Operational Highlights Caring for Environment Infrastructure Sales • The company has secured a two year contract for supply of Crumb Rubber Modifier from Indian Oil Corporation Limited, worth INR 107 Cr. • MOEFCC has issued a landmark advisory advocating the usage of Recycled/Waste mater
Slide 13: Expansion Plan, New Initiatives
Expansion Plan, New Initiatives Caring for Environment • Company ventures into recycling of PCR (Passenger Car Redial) tyres. ELT - Passenger • Capacity -60,000 MT, annually Tyre Recycling • Commencement of Production-By Q4, FY24 at Varle (MH) • Expected Annual Revenue- INR 986 Mn • Company ventures
Slide 14: Quarterly Key Sector Performance
Quarterly Key Sector Performance Caring for Environment Sector-wise Revenue Breakup Infrastructure Sector Industrial Sector Revenue Revenue (INR Mn) (INR Mn) 430 408 377 222 211 178 Q1-FY23 Q4-FY23 Q1-FY24 Q1-FY23 Q4-FY23 Q1-FY24 Consumer Sector Revenue Steel Sector Revenue (INR (INR Mn) Mn) 128 114
Slide 15: Quarterly Financial Performance Charts
Quarterly Financial Performance Charts Caring for Environment Revenue From Operations EBITDA (INR Mn) & EBITDA Margins (%) (INR Mn) 821 805 727 114 117 74 13.89% 10.18% 14.53% Q1-FY23 Q4-FY23 Q1-FY24 Q1-FY23 Q4-FY23 Q1-FY24 Diluted EPS (INR) PAT (INR Mn) and PAT Margins (%) 8.23 7.89 71 7.17 68 61 7
Slide 16: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Caring for Environment Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-o-Y Q4-FY23 Q-o-Q Operational Income 805 821 (1.9)% 727 10.7% Total Expenses 688 707 (2.7)% 653 5.4% EBITDA 117 114 2.6% 74 58.1% EBITDA Margins (%) 14.53% 13.89% 64 bps 10.18% 435 bps Other In
Slide 17: Historical Consolidated Income Statement
Historical Consolidated Income Statement Caring for Environment Particulars (INR Mn) FY21 FY22 FY23 Q1-FY24 Operational Income 1,301 2,292 2,954 805 Total Expenses 1,127 1,923 2,587 688 EBITDA 174 369 367 117 EBITDA Margins (%) 13.37% 16.10% 12.42% 14.53% Other Income 17 34 61 4 Depreciation 79 86 7
Slide 18: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Caring for Environment Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 706 696 676 Share Capital 86 86 86 Capital WIP 4 6 3 Other Equity 582 688 874 Right
Slide 19: Historical Financial Performance Charts- P&L Statement
Historical Financial Performance Charts- P&L Statement Caring for Environment Revenue From Operations EBITDA (INR Mn) & (INR Mn) EBITDA Margins (%) 2,954 369 367 2,292 1,301 174 1,227 805 117 86 13.37% 16.10% 14.53% 12.42% 7.01% FY20 FY21 FY22 FY23 Q1-FY24 FY20 FY21 FY22 FY23 Q1-FY24 Diluted EPS (IN
Slide 20: Historical Financial Performance Charts- Balance Sheet
Historical Financial Performance Charts- Balance Sheet Caring for Environment ROE & ROCE (x) Net D/E (x) 0.98 0.96 24.44% 22.24% 0.86 21.81% 23.65% 0.59 0.99% 0.94% -0.15% FY20 FY21 FY22 FY23 -7.19% ROE ROCE FY20 FY21 FY22 FY23 Fixed Asset Turnover (x) Debt (INR Mn) & Interest Coverage Ratio (x) 4.2
Slide 21: Capital Market Data
Capital Market Data Caring for Environment 1 Year Share Price Performance 140% 120% 100% 80% 60% 40% 20% 0% -20% 01-Jul-22 01-Sep-22 01-Nov-22 01-Jan-23 01-Mar-23 01-May-23 Tinna Rubbers & Infra Ltd BSE Price Data (As on 30th June, 2023) Shareholding Pattern (As on 30th June, 2023) Face Value (INR)
Slide 22: Disclaimer
Disclaimer Caring for Environment Tinna Rubber and Infrastructure Disclaimer: 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
Slide 23: Thank You
Caring for Environment Thank You Earnings Presentation | www.tinna.in 22
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