Fineotex Chemical Limited · NSE:FCL
Fineotex Chemical — Investor Presentation (May 2022)
37 slides from Fineotex Chemical's investor presentation, May 24, 2022
Slide 1: Fineotex Chemical Limited exchange filing letter
FINEOTEX A Speciality Chemical Producing Public Listed Company . 9.1 1 45M c) 41 INO May 24, 2022 To, General Manager, The Manager, Listing Department, Listing & Compliance Department, BSE Limited, The National Stock Exchange of India Limited, P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla
Slide 2: Fineotex Chemical Limited Investor Presentation May 2022
Fineotex Chemical Limited (BSE: 533333; NSE: FCL) Textile Investor Presentation Specialties May 2022 Other Specialties Cleaning & Hygiene Specialties Drilling Specialties
Slide 3: Agenda
Agenda Company Overview 3 – 21 Financial Performance 22 – 26 Sustainability Approach 27 – 34 2
Slide 4: Company Overview
Company Overview 3
Slide 5: An Introduction to Fineotex
An Introduction to Fineotex Specialty chemicals producer with a focus on textiles 470+ ~70 chemicals Product Categories Countries Present Team of 34 professionals for providing technical solutions to customers Bluesign, ZDHC, 83,000 MT p.a. Star Export House Installed capacities Accreditations Succe
Slide 6: Our Evolution
Our Evolution 2004 2007 2011 2014 2015 ❖ Accredited with ❖ Acquisition of FCPL ❖ Listed on BSE ❖ Bonus declared on 1:1 ❖ Listed on NSE ISO 9001:2008 by Fineotex Chemical ❖ Incorporated wholly owned basis ❖ Received Star ❖ Incorporation of Limited subsidiary in Malaysia ❖ Accredited with ISO Export H
Slide 7: Fineotex Investment Case
Fineotex Investment Case Business Dynamics Acquisition and JV Track Global Customer Reach • Fineotex and Biotex associated with Record quality and innovation across • Biotex (73% owned) net profit has • International acceptance by high industries globally grown by a factor of 10x since profile custo
Slide 8: Synergistic Business Model With Biotex
Synergistic Business Model With Biotex Fineotex - India Biotex - Malaysia • Diverse product portfolio (470+ categories) • Niche product portfolio (50+ categories) across business segments Overview • High end super speciality textile chemical • Applications primarily across the entire textile applica
Slide 9: Key Products in the Specialty Textile Chemicals Segment
Key Products in the Specialty Textile Chemicals Segment 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, F
Slide 10: Product Offerings from Biotex
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 9
Slide 11: Focus on Growth and Diversification (1/2)
Focus on Growth and Diversification (1/2) Cleaning Specialities Hygiene Specialities Textile Specialities Drilling Specialities Leverage core manufacturing and development expertise into new high growth areas 10
Slide 12: Focus on Growth and Diversification (2/2)
Focus on Growth and Diversification (2/2) Cleaning and Hygiene Chemicals Drilling Speciality Chemicals Other Speciality Chemicals • Customised solutions for: • Customised solutions for Oil and Gas • Non toxic eco-friendly solution designed with ▪ Housekeeping, Kitchen Care and Disinfectants • Signif
Slide 13: Cleaning and Hygiene Division
Cleaning 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 clea
Slide 14: Strategic Partnerships (1/2)
Strategic Partnerships (1/2) Strategic collaboration with Eurodye-CTC, Belgium, to commercialize specialty chemicals for the Indian market Addition to its portfolio, specialized pre-treatment and dyeing products for the cotton-synthetic and woollen fibre/ fabric/ yarn Facilitates an efficient produc
Slide 15: Strategic Partnerships (2/2)
Strategic Partnerships (2/2) Strategic collaboration with HealthGuard, Australia to Setting up a state of art Research & Development become the exclusive global marketing and sales centre in collaboration with Sasmira Institute, one of channel partner with joint operations from Malaysia India’s prem
Slide 16: New Facility at Ambernath, Maharashtra
New Facility at Ambernath, Maharashtra About the Facility ➢ Located on ~4 acres of land ➢ Production began on 9th November 2021 ➢ State of the art technological updates have been implemented ➢ Capacity enhanced to 40,000 MT through efficient process management vis-à-vis planned 36,000 MT Strategic A
Slide 17: 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 • Ambernath plant to logistical advantage to textile hubs gradually provide an acro
Slide 18: Global Customer Reach
Global Customer Reach • Sales in ~70 countries including Brazil, Bangladesh, Germany, Indonesia, Malaysia, Singapore, Syria, Thailand, USA, Venezuela and Vietnam • 34+ technical marketing experts • 110+ dealers in Indian and International markets FY22 Revenue Mix 42% 58% Facilities at Mahape and Amb
Slide 19: 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 20: Board of Directors
Board of Directors Surendrakumar Tibrewala Sanjay Tibrewala Aarti Jhunjhunwala Navin Mittal Chairman and Managing Director Executive Director Executive Director Independent Director C Alok Dhanuka CS Bindu Shah Dr. Anand Patwardhan* Dr. Sunil Waghmare Independent Director Independent Director Indepe
Slide 21: 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 Arindam Choudhuri Noa N. Ouakass Ked
Slide 22: 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 The facility at Ambernath, Maharashtra is future ready for next phase of growth. P
Slide 23: Financial Performance
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Slide 24: Q4 FY2022 Performance Trend
Q4 FY2022 Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 39.1% 35.0% 34.5% 17.4% 17.1% 17.7% 1,214 215 750 128 436 76 Q4 FY 20 Q4 FY 21 Q4 FY 22 Q4 FY 20 Q4 FY 21 Q4 FY 22 PAT and PAT Margin 15.9% 14.0% 120 170 (61) Q4 FY 20 Q4 FY 21 Q4 FY 22 23
Slide 25: Consolidated P&L Summary: Q4 and FY2022
Consolidated P&L Summary: Q4 and FY2022 Particulars (Rs. Million) Q4 FY22 Q4 FY21 YoY% FY 22 FY 21 YoY% Revenue from Operations 1,213.9 750.2 61.8% 3,682.3 2,185.1 68.5% COGS 794.6 487.4 63.0% 2,351.3 1,405.7 67.3% Gross Profit 419.3 262.8 59.6% 1,331.0 779.3 70.8% Gross Profit Margin 34.5% 35.0% 36
Slide 26: Consolidated Annual Performance Trend
Consolidated Annual Performance Trend Rs. Mn. Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 44.5% 40.3% 37.3% 36.1% 21.9% 21.0% 35.5% 35.7% 19.3% 19.0% 18.6% 17.4% 3,682 712 1,963 2,185 1,823 1,344 1,429 406 300 347 342 295 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 17 FY 18 FY 19 FY
Slide 27: Consolidated Balance Sheet and Return Ratios Trend
Consolidated Balance Sheet and Return Ratios Trend (Rs Mn) Mar-21 Sep-21 Mar-22 Return on Equity (%) ST Debt 34 77 19 LT Debt 0 0 0 22.7% 23.4% Total Debt 34 77 19 18.3% Cash & Cash Equivalent 339 309 381 15.8% Net Cash 305 231 362 Equity 2161 2337 2694 Total debt/Equity 0.02x 0.03x 0.01x 8.4% CRISI
Slide 28: Sustainability Approach
Sustainability Approach 27
Slide 29: ESG Accreditations
ESG Accreditations Key ESG Facts Certificates Bhive certified ISO 9001 ISO 14001 ISO 14045 ISO 45001 Blue Sign certified ISO 20000 SA 8001 OHSAS18001 ISO 22000 ECO Passport by OEKO-TEX Global Organic Textile Standard (GOTS) certified New Accreditations Hazard Analysis Critical Control Point (HACCP)
Slide 30: 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 31: 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 32: ESG Profile - Environment
ESG Profile - Environment Focusing on Environmental factors and make efforts to restore the environment • Environment Strategy in Place: FCL is committed to ensuring clean environment beyond satisfying all stipulated requirement laid down by the statutory authorities and in the process constantly wo
Slide 33: ESG Profile - Social
ESG Profile - Social Committed to improve economic, environmental and social performance • Social Strategy in Place: The Company has specified programs in support of inclusive growth and equitable 100% employees development. It is the endeavor of the Company to ensure that there is continuous improv
Slide 34: ESG Profile - Social
ESG Profile - Social Committed to improve economic, environmental and social performance • Product Development: We've always been dedicated to enhancing our technologies and research and development No accidents so that we can meet a wide range of consumer needs and offer even more high-quality item
Slide 35: ESG Profile - Governance
ESG Profile - Governance Focus on maximizing the wealth of shareholders, establish productive and lasting relationships with all shareholders • Corporate Governance Policies: The Company’s philosophy on Corporate Governance relates to creating an organization intended to maximize the wealth of share
Slide 36: 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 37: 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 36