Slide 1: Investor Presentation
Investor Presentation October 2016
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by NOCIL Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and
Slide 3: Financial Highlights – H1 FY17
Financial Highlights –H1 FY17 Revenue EBITDA +1.8% +20.1% 367 374 78 65 H1FY16 H1FY17 H1FY16 H1FY17 PBT* PAT* +36.6% +41.3% 74 49 54 35 H1FY16 H1FY17 H1FY16 H1FY17 Rs. In Crores * PBT & PAT excl. exceptional item of Rs.19.7crs 3
Slide 4: Margin Profile – H1 FY17
Margin Profile – H1 FY17 Value Addition* EBITDA Margin 52.4% 20.8% 47.2% 17.6% H1FY16 H1FY17 H1FY16 H1FY17 EBIT Margin PAT Margin** 20.2% 13.2% 16.3% 9.5% H1FY16 H1FY17 H1FY16 H1FY17 * Revenue (-) cost of raw materials consumed (-) cost of traded goods (-) change in inventories ** PAT margin excl. e
Slide 5: Financial Highlights – Q2 FY17
Financial Highlights –Q2 FY17 Revenue EBITDA 0.0% +21.5% 181 181 41 34 Q2FY16 Q2FY17 Q2FY16 Q2FY17 PBT* PAT* +37.5% +43.8% 39 26 28 18 Q2FY16 Q2FY17 Q2FY16 Q2FY17 Rs. In Crores *PBT & PAT excl. exceptional item of Rs.19.7crs 5
Slide 6: Margin Profile – Q2 FY17
Margin Profile – Q2 FY17 Value Addition* EBITDA Margin 55.6% 22.7% 49.3% 18.7% Q2FY16 Q2FY17 Q2FY16 Q2FY17 EBIT Margin PAT Margin** 21.8% 14.5% 17.0% 10.1% Q2FY16 Q2FY17 Q2FY16 Q2FY17 * Revenue (-) cost of raw materials consumed (-) cost of traded goods (-) change in inventories ** PAT margin excl.
Slide 7: Improved Ratios
Improved Ratios ROE (%) ROA (%) 16.6% 17.1% 11.5% 12.3% Mar-16 Sep-16* Mar-16 Sep-16* Working Capital (days) Interest Coverage (x) 72 29.2 51 13.7 Mar-16 Sep-16* Mar-16 Sep-16* * Calculated on TTM basis & Excl. Exceptional item of Rs.19.7crs 7
Slide 8: Industry Potential – Our Positioning
Industry Potential – Our Positioning
Slide 9: Positive Outlook
Positive Outlook Rubber Consumption Millions MT 27 26 +2% 26 25 25 24 2010 2011 2012 2013 2014 2015 Rubber Chemicals constitute ~3% - ~4% of the Rubber Consumption Source : International Rubber Study Group (March 2016) 9
Slide 10: Growth Drivers
Growth Drivers Global demand for rubber processing chemicals forecasted to increase by 4.4% to 1.5milions MT till 2020 Manufacture of Premium tires, High performance Automotive & Industrials products will increase rubber processing chemical loadings Expectations of Quality & Long service lives of th
Slide 11: Our Positioning...
Our Positioning... • Rubber Chemicals is a critical input for Rubber application Industry Diversified • With large and wide variety of products, NOCIL is one stop shop for almost all Product 1 rubber applicable industries Portfolio • One of the most dependable and sought player in Rubber Chemical In
Slide 12: .....to Encash Opportunities
.....to Encash Opportunities Manufacturing Capacities Capacities at Thane & Dahej Land & Common Infrastructure available for further expansion at Dahej Exit of Global Giants Large Diversified Groups - Rubber Chemicals as only a Small Contributor Exiting the Non Core Business as a Cost Cutting Measur
Slide 13: Key Strengths
Key Strengths Dependable Player in Experienced Rubber Wide Product Management Chemicals Range Team Industry Pipeline of New Sufficient Generation capacities at Strong of Rubber Strategic Customer Chemicals Locations Relationships with good Technical Support 13
Slide 14: Financials
Financials
Slide 15: Profit & Loss Statement
Profit & Loss Statement Rs. In Crores Q2FY17 Q2FY16 Y-o-Y Q1 FY17 Q-o-Q Revenue from Operations 181 181 193 Cost of Material Consumed 90 83 80 Purchase of Stock-in-trade 1 1 1 Changes in Inventories -10 9 17 Value Addition* 101 89 95 Value Addition (%) 55.57% 49.28% 49.34% Employee Expenses 17 14 17
Slide 16: Profit & Loss Statement
Profit & Loss Statement Rs. In Crores H1FY17 H1FY16 Y-o-Y FY16 Revenue from Operations 374 367 1.8% 715 Cost of Material Consumed 170 164 312 Purchase of Stock-in-trade 2 2 3 Changes in Inventories 6 28 44 Value Addition* 196 173 356 Value Addition (%) 52.36% 47.20% 49.74% Employee Expenses 33 29 58
Slide 17: Balance Sheet
Balance Sheet Rs. In Crores Sept-16 Mar-16 Rs. In Crores Sept-16 Mar-16 Shareholder’s Fund 539 468 Non-current assets 376 374 Share capital 162 161 Fixed assets (inc. CWIP) 292 296 Reserves & Surplus 377 307 Non-current Investments 67 47 Non-current liabilities 73 79 Long Term Loans & Advances 18 31
Slide 18: Consistent Dividend Record
Consistent Dividend Record *Dividend (Rs. In Crores) 31% 33% 34% 33% 27% 48% 34% 30% 23.2 19.4 11.3 11.3 11.2 11.2 11.3 11.3 2009 2010 2011 2012 2013 2014 2015 2016 Pay out Ratio *Dividend includes Dividend Tax paid 18
Slide 19: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : NOCIL Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L99999MH1961PLC012003 CIN: U74140MH2010PTC204285 Mr. P.Srinivasan - CFO Ms. Payal Dave / Ms. Neha Shroff finance@nocil.com payal.dave@sgapl.net / neha.shroff@sgapl.net