Gfl Ltd · NSE:GFLLIMITED

Gfl — Gujarat Fluorochemicals — H1 FY17 Earnings Presentation

23 slides from Gfl's earnings presentation, November 2016

  1. Slide 1: Quarterly Investor Update Q2 & H1 FY17

    GUJARAT FLUOROCHEMICALS LIMITED QUARTERLY INVESTOR UPDATE Q2 & H1 FY17

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by Gujarat Fluorochemicals Limited (“GFL” or “the Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future state of affairs, result

  3. Slide 3: Discussion Summary

    DISCUSSION SUMMARY  Q2 & H1 FY17 RESULTS HIGHLIGHTS  CONSOLIDATED RESULTS  CHEMICALS BUSINESS  WIND TURBINE MANUFACTURING BUSINESS  WIND FARMING BUSINESS  FILM EXHIBITION BUSINESS  BALANCE SHEET UPDATE  SHAREHOLDING STRUCTURE  FINANCIAL SUMMARY  ANNEXURE 3

  4. Slide 4: Consolidated Results

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS CONSOLIDATED RESULTS Q2 FY17 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT & PAT MARGIN 19.2% 17.5% 6.2% 5.8% 1,770.3 1,545.1 339.9 271.1 110.3 89.7 13 % 20 % 19 % Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 EBIDTA EBIDTA % PAT PAT % H1 FY17 YoY ANALYSIS

  5. Slide 5: Consolidated Revenues Breakup

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS CONSOLIDATED REVENUES BREAKUP In Rs. Cr CONSOLIDATED REVENUES – BUSINESS WISE BREAKUP 1,770.3 3,159.0 307.8 1,545.1 2,665.7 3% 610.3 4% 62.1 297.4 107.9 634.3 26 % 78.4 30 % 139.9 1,016.3 1,660.2 21 % 800.2 26 % 1,235.2 2% 4% 732.9 761.2 354.7 360.9 47.7 -104.9 29.4

  6. Slide 6: Consolidated EBITDA Breakup

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS CONSOLIDATED EBITDA BREAKUP CONSOLIDATED EBITDA – BUSINESS WISE BREAKUP In Rs. Cr 339.9 615.3 56.5 52 % 121.0 26 % 501.9 271.1 53.5 27.2 89.3 92.2 31 % 33 % 69.9 122.5 144.5 30 % 238.1 38 % 101.1 146.8 2% 0.1 % 76.1 154.4 154.2 74.7 9.3 -1.8 9.6 -10.9 Q2 FY16 Q2 FY1

  7. Slide 7: Consolidated PAT Breakup

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS CONSOLIDATED PAT BREAKUP CONSOLIDATED PAT – BUSINESS WISE BREAKUP In Rs. Cr 110.3 193.0 21.3 46.5 43 % 93 % 6.2 89.7 9.7 137.2 1.6 15.9 158 % 97 % 26.5 19.1 93.9 154.3 56.5 56 % 40 % 68.3 32 % 35.3 54.5 26 % 68.5 26.7 -19.6 -45.2 -37.8 -72.0 Q2 FY16 Q2 FY17 H1 FY16

  8. Slide 8: Chemicals Business - Standalone Results

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS Q2 FY17 YoY ANALYSIS REVENUES* EBITDA ** & EBITDA MARGIN PAT & PAT MARGIN 21.5% 20.7% 7.5% 9.8% 354.7 360.9 76.1 74.7 35.3 26.7 2% 2% 32 % Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 EBIDTA EBIDTA % PAT PAT % H1 FY17 YoY A

  9. Slide 9: Chemicals Business - Revenues Breakup

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS CHEMICALS BUSINESS - STANDALONE RESULTS In Rs. Cr Q2 FY17 YoY ANALYSIS - REVENUES BREAKUP H1 FY17 YoY ANALYSIS - REVENUES BREAKUP 360.9 732.9 761.2 354.7 60.7 24.9 32.3 60.0 30 % 1% 114.7 115.8 215.0 250.8 1% 17 % 13 % 160.4 17 % 132.8 57.9 50.6 75.1 5% 71.3 5% 133.

  10. Slide 10: Wind Turbine Manufacturing Business (Inox Wind Limited)

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS WIND TURBINE MANUFACTURING BUSINESS (INOX WIND LIMITED) Q2 FY17 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 14.2% 12.6% 9.2% 1,016.3 7.0% 800.2 144.5 93.9 101.1 56.5 21 % 30 % 40 % Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 EBIDTA EBID

  11. Slide 11: Wind Farming Business (Inox Renewables Limited)

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS WIND FARMING BUSINESS (INOX RENEWABLES LIMITED) REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 86.1% 89.1% 20.2% 78.4 62.1 9.9% 69.9 15.9 53.5 26 % 31 % 6.2 158 % Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 EBIDTA EBIDTA % PAT PAT % H1 FY17 YoY ANALYSI

  12. Slide 12: Film Exhibition Business (Inox Leisure Limited)

    Q2 & H1 FY17 – RESULTS HIGHLIGHTS FILM EXHIBITION BUSINESS (INOX LEISURE LIMITED) Q2 FY17 YoY ANALYSIS REVENUES* EBITDA ** and EBITDA MARGIN PAT and PAT MARGIN 18.4% 6.9% 307.8 297.4 9.1% 0.5% 56.5 21.3 3% 52 % 27.2 93 % 1.6 Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 EBIDTA EBIDTA % PAT PAT % H

  13. Slide 13: Balance Sheet Update

    BALANCE SHEET UPDATE Consolidated SEP-16 Consolidated SEP-16 Net Non Current Assets Total Debt Chemicals Business 2,643.9 Chemicals Business 624.5 Wind Turbine Manufacturing Business 297.6 Wind Turbine Manufacturing Business 1,718.1 Wind Farming Business 1,692.6 Wind Farming Business 1,174.3 Film Ex

  14. Slide 14: Shareholding Structure

    SHAREHOLDING STRUCTURE Share Price Performance Market Data As on 11.11.16 (BSE) 800 Market capitalization (Rs Cr) 5,745.2 600 Price (Rs.) 523.0 400 No. of shares outstanding (Cr) 10.99 200 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Face Value (Rs.) 1.0 52 week High-Low (Rs.) 666.7 – 401.1 % Sh

  15. Slide 15: Financial Summary - Standalone Financials - Chemicals Business

    FINANCIAL SUMMARY – LAST 5 YEARS STANDALONE FINANCIALS – CHEMICALS BUSINESS Figures are as per IGAAP REVENUES * EBITDA & EBITDA MARGIN PAT & PAT MARGIN 1,338 26.2% 21.4% 22.1% 5.2% 6.0% 7.8% 1,321 17.4% 17.0% 2.0% 1,193 1,154 1,141 0.7% 312 282 295 200 236 194 60 74 80 104 FY12 FY13 FY14 FY15 FY16 F

  16. Slide 16: Financial Summary - Consolidated Financials

    FINANCIAL SUMMARY – LAST 5 YEARS CONSOLIDATED FINANCIALS Figures are as per IGAAP In Rs. Cr REVENUES EBITDA & EBITDA MARGIN PAT & PAT MARGIN CAGR: 26.2% 27.6% 43.4% 32.1% 7,199 17.3% 19.4% 18.1% 17.2% 5,341 5.4% 5.9% 5.5% 780 1,228 1,303 3,166 3,452 1,017 1,035 543 2,830 394 598 317 186 FY12 FY13 FY

  17. Slide 17: Annexure

    ANNEXURE 17

  18. Slide 18: Detailed Financials - Standalone P&L Statement

    DETAILED FINANCIALS STANDALONE P&L STATEMENT Particulars (Rs Cr) Q2 FY17 Q2 FY16 YoY % Q1 FY17 QoQ % H1 FY17 H1 FY16 YoY % Total Income from Operations 360.9 354.7 1.8% 400.3 -9.8% 761.2 732.9 3.9% Cost of Material Consumed 93.2 97.5 -4.4% 93.9 -0.7% 187.1 185.1 1.1% Purchases of stock-in-trade 4.5

  19. Slide 19: Detailed Financials - Standalone Balance Sheet

    DETAILED FINANCIALS STANDALONE BALANCE SHEET Particulars (Rs Cr) SEP-16 Particulars (Rs Cr) SEP-16 Share Holders’ Funds: Non-current Assets: Equity Share Capital 11.0 Property, Plant & Equipment 1,865.0 Capital Work-in-progress 86.4 Other Equity 2,971.1 Investment Property 10.9 Total of Shareholder

  20. Slide 20: Detailed Financials - Consolidated P&L Statement

    DETAILED FINANCIALS CONSOLIDATED P&L STATEMENT Particulars (Rs Cr) Q2 FY17 Q2 FY16 YoY % Q1 FY17 QoQ % H1 FY17 H1 FY16 YoY % Total Income from Operations 1,545.1 1,770.3 -12.7% 1,120.6 37.9% 2,665.7 3,159.0 -15.6% Cost of Material Consumed 579.4 824.4 -29.7% 409.9 41.3% 989.3 1,336.7 -26.0% Purchase

  21. Slide 21: Detailed Financials - Consolidated Balance Sheet

    DETAILED FINANCIALS CONSOLIDATED BALANCE SHEET Particulars (Rs Cr) SEP-16 Particulars (Rs Cr) SEP-16 Share Holders’ Funds: Non-current Assets: Equity Share Capital 11.0 Property, Plant & Equipment 4,449.8 Other Equity 4,619.4 Capital Work-in-progress 432.7 Total of Shareholder Funds 4,630.3 Investme

  22. Slide 22: Group Overview - Strong Pedigree

    GROUP OVERVIEW STRONG PEDIGREE  90 year track record of ethical business growth.  USD $3Bn Inox Group is diversified across industrial gases, engineering plastics, refrigerants, chemicals, cryogenic engineering, renewable energy and entertainment.  More than 9,000 employees at more than 150 busin

  23. Slide 23: Thank You

    FOR FURTHER QUERIES: THANK YOU Deepak Asher Nilesh Dalvi Director and Group Head (Corporate Finance) Dickenson Seagull IR Email : deepakasher@gfl.co.in Contact No : +91 9819289131 Email : nilesh.dalvi@dickensonir.com Mr. Dheeraj Sood Head IR- Inox Group Contact No: 0120 6149881 Email : dheeraj.sood@

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