Navin Fluorine International Limited · NSE:NAVINFLUOR
Navin Fluorine International — Q3 FY2020 Earnings Presentation
17 slides from Navin Fluorine International's earnings presentation, Jan 27, 2020
Slide 1: Navin Fluorine International Limited Investor Presentation – Q3FY20
Navin Fluorine International Limited Investor Presentation – Q3FY20 1
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Navin Fluorine International Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 3: Q3FY20: Robust Business Performance
Q3FY20: Robust Business Performance Operating Revenue (Rs. Crs) Operating EBITDA (Rs. Crs) Operating PBT (Rs. Crs) 11% 24% 23% 252 65 28 60 56 24 226 57 23 60 26 50 52 46 57 22 50 25.9% 51 24 40 22.4% 21 47 40 20 23.2% 22 30 20.3% 30 19 97 73 20 20 18 20 17 10 18 10 49 47 16 0 16 0 15 Q3 FY19 Q3 FY2
Slide 4: 9MFY20: Strong Performance continues
9MFY20: Strong Performance continues Operating Revenue (Rs. Crs) Operating EBITDA (Rs. Crs) Operating PBT (Rs. Crs) 7% 17% 16% 757 194 711 200 28 180 169 24 205 166 160 146 23 197 26 150 140 22 25.6% 24 120 21 156 22.3% 146 100 20 100 23.3% 22 20.6% 80 19 232 277 20 60 18 50 40 17 18 135 20 16 119 0
Slide 5: Increasing Share of High Value Business
Increasing Share of High Value Business Speciality Business Revenues (Rs. Crs) Growth momentum continues 9M FY20 +33% +19% 97 277 • Strong Performance in domestic & export 37% market driven by higher volumes 232 73 63% • Product Portfolio expansion and deeper penetration into existing users • Strong
Slide 6: Legacy Business Performance
Legacy Business Performance Refrigerant Business Revenues (Rs. Crs) 9M FY20 Strong Pricing power +1% +4% 57 57 197 205 • Overall increase in profitability on better 45% 55% pricing and lower cost • Strong demand from Non-Emissive sector • Prices of major raw material has seen drop India Internationa
Slide 7: Standalone Profitability Statement
Standalone Profitability Statement Particulars (Rs. Crs.) Q3 FY20 Q3 FY19 Y-o-Y % Q2 FY20 Q-o-Q % 9M FY20 9M FY19 Y-o-Y % Net Revenue from Operations 251.6 226.0 11% 263.9 -5% 757.2 710.9 7% Raw Material 107.1 102.5 122.0 344.0 333.5 Employee Expenses 29.3 24.7 27.0 9% 81.9 73.7 Other Expenses 50.0
Slide 8: Other Income Built-up
Other Income Built-up Q3 FY20 (Rs. Crs) Q3 FY19 (Rs. Crs) 11.0 10.4 -0.1 -0.9 -6.3 -7.0 4.6 2.5 Reported One Off MTM Gain Adjusted Reported One Off MTM Gain Adjusted Other Gain Other Other Gain Other Income Income Income Income 8 * One-Off Gain is towards Sale of Investments
Slide 9: Other Income Built-up
Other Income Built-up 9M FY20 (Rs. Crs) 9M FY19 (Rs. Crs) 26.1 21.8 -3.1 -4.6 -10.9 -6.2 11.0 12.1 Reported One Off MTM Gain Adjusted Reported One Off MTM Gain Adjusted Other Gain Other Other Gain Other Income Income Income Income 9 * One-Off Gain is towards Sale of Investments
Slide 10: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. Crs.) Q3 FY20 Q3 FY19 Y-o-Y % Q2 FY20 Q-o-Q % 9M FY20 9M FY19 Y-o-Y % Net Revenue from Operations 260.5 233.9 11% 272.9 -5% 785.0 743.4 6% Raw Material 111.2 106.2 126.7 358.1 349.3 Employee Expenses 33.0 29.3 32.1 95.6 87.4 Other Expenses 50.8 4
Slide 11: Business Overview
ul Ni Business Overview ‘? PADMANABH MAFATLAL, GROUP
Slide 12: Company Overview
Company Overview Manufacturing plants strategically located closer to major ports Strong Clientele base in India & abroad, including Global Innovators Largest Integrated Specialty Fluorochemical Company in India Over 50 years of expertise in Handling Fluorine Built “India’s only plant with high pres
Slide 13: Rising up Fluorine Value-Pyramid…
Rising up Fluorine Value-Pyramid… CRAMS ✓ Business progression from Contract research to contract manufacturing ✓ Manufacturing facility commercially operational Specialty Chemicals ✓ Introduction of new high value added molecules in portfolio ✓ Entry into newer geographies Inorganic Fluorides ✓ Int
Slide 14: … Growth driven by Every Business Unit
… Growth driven by Every Business Unit Commenced CRAMS Inorganic Fluorides & Refrigerants are Commenced Specialty business in 2011 traditional business since 1967 Chemicals in 2000 Inorganic Fluorides – Specialty Chemicals – FY19 – Revenue % CRAMS* – 20% Refrigerants – 30% 20% 30% Refrigerants (Incl
Slide 15: Key Strengths
Key Strengths ✓ State-of-the-art R&D centre – Navin Research Innovation ✓ Pioneered Manufacturing of Refrigerant Gases in India Centre at Surat ✓ Over 45 years of experience in handling Fluorine ✓ DSIR approved R&D Centre ✓ Extensive expertise focusing on specialty fluorine chemistry ✓ Supports in p
Slide 16: Consistent Dividend Performance
Consistent Dividend Performance Dividend as % of Face Value Robust Dividend Payout Special Dividend of 150% Special ✓ Continuous Dividend over 10 years Final Dividend of + Special 75% 390% Interim 350% ✓ Special Dividend of 600% on FV of Dividend of + 600% 200% Rs. 10 in FY12 + 240% 180% 210% 200% 1
Slide 17: Contact
Contact For further information, please contact: Company : Investor Relations Advisors : Navin Fluorine International Ltd. Strategic Growth Advisors Pvt. Ltd. CIN : L24110MH1998PLC115499 CIN : U74140MH2010PTC204285 Mr. Ketan Sablok Ms. Payal Dave / Ms. Neha Shroff Chief Financial Officer 98199 16314
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