Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q3 FY2020 Earnings Presentation
16 slides from Time Technoplast's earnings presentation, February 2020
Slide 1: Earnings Presentation 9M / Q3-FY20
Earnings Presentation 9M / Q3-FY20 February 2020 BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 ©2020, Time Technoplast Ltd., All Rights Reserved
Slide 2: Time Techno at a Glance
Time Techno at a Glance Revenues by Product Category (FY19) FY19 Financial Highlights REVENUES EBITDA PAT ₹35,670 Mn ₹5,267 Mn ₹2,027 Mn 15% 11% 12% 3% Worldwide Ranking Packaging 5% Batteries Plastic Drums, Jerry cans, Pails 5% Largest 2nd Largest 3rd Largest 58% Large size Plastic Drums Composite
Slide 3: Time Technoplast Business Mix
Time Technoplast Business Mix Time Technoplast Limited (Time Tech) is Established Products Value-Added Products a multinational company and one of the leading manufacturer of technology based polymer and composite products Industrial Packaging Infrastructure Technical & Lifestyle Intermediate Comp
Slide 4: Product Portfolio
Product Portfolio Revenue Share – FY19 Brand Drums & Containers Jerry Cans Conipack Pails HDPE Pipes DWC Pipes Energy Storage Devices Product Established Products Established Products Brand Rain Flaps Fuel Tanks Mats 81% Product 19% Value-Added Products Brand Value-Added Composite Products Product C
Slide 5: Q3-FY20 Key Financial Highlights (Consolidated)
Q3-FY20 Key Financial Highlights (Consolidated) Particulars (INR Mn) Q3-FY20 Q3-FY19 Y-o-Y Growth Total Income 9,237 8,729 5.8% EBITDA 1,341 1,261 6.3% EBITDA Margins(%) 14.52% 14.45% 7 Bps PAT 485 542 (10.5)% PAT Margins(%) 5.25% 6.21% (96) Bps Cash Profit 901 844 6.8% Volume Growth 10% Note: PAT o
Slide 6: 9M-FY20 Key Financial Highlights (Consolidated)
9M-FY20 Key Financial Highlights (Consolidated) Particulars (INR Mn) 9M-FY20 9M-FY19 Y-o-Y Growth Total Income 26,632 24,825 7.3% EBITDA 3,822 3,547 7.8% EBITDA Margins(%) 14.35% 14.29% 6 Bps PAT 1,308 1,291 1.3% PAT Margins(%) 4.91% 5.20% (29) Bps Cash Profit 2,540 2,404 5.7% Volume Growth 11% Note
Slide 7: 9M-FY20 Highlights
9M-FY20 Highlights Total Income (₹ Mn) EBITDA (₹ Mn) Revenue Share- 9M-FY20 26,632 3,822 Value Added Products 20% 7% 24,825 7% 3,547 YoY Growth YoY Growth Established Products 80% 9M-FY19 9M-FY20 9M-FY19 9M-FY20 Revenue growth achieved: 7% (India: 8%; Overseas: 6%) Volume growth achieved: 11% (I
Slide 8: 9M-FY20 Operational Highlights
9M-FY20 Operational Highlights • Capacity utilization: Overall 82% (India – 85%; Overseas – 75%) • Total capex in 9M-FY20: INR 1,065 Mn Established Products for capacity expansion, re-engineering and automation: INR 750 Mn Value Added Products: INR 315 Mn Pipes • Healthy Order Book continues in our
Slide 9: Polymer and Composite Products
Polymer and Composite Products Polymer Products* Composite Products** Revenue Share 18,724 Revenue Share- 9M- FY19 17,464 7,908 Composite 7% 7,362 Products, 29.67% 7% YoY Growth EBITDA YoY Growth 14.29% Polymer EBITDA Products, EBITDA 14.49% 70.33% 14.21% EBITDA 14.48% Revenue Share- 9M- FY20 Compos
Slide 10: Consolidated Quarterly Income Statement
Consolidated Quarterly Income Statement Particulars (INR Mn) Q3-FY20 Q3-FY19 Y-o-Y Total Income 9,237 8,729 5.8% Total Expenses 7,896 7,468 EBITDA 1,341 1,261 6.3% EBITDA Margin (%) 14.52% 14.45% 7 Bps Finance Cost (Net) 268 246 Depreciation 400 287* PBT 673 728 (7.5)% Tax 172 170 PAT before Minorit
Slide 11: Consolidated Nine Months Income Statement
Consolidated Nine Months Income Statement Particulars (INR Mn) 9M-FY20 9M-FY19 Y-o-Y Total Income 26,632 24,825 7.3% Total Expenses 22,810 21,278 EBITDA 3,822 3,547 7.7% EBITDA Margin (%) 14.35% 14.29% 6 Bps Finance Cost (Net) 822 712 Depreciation 1,193 1,077* PBT 1,807 1,758 2.8% Tax 460 431 PAT be
Slide 12: Consolidated Financials Highlights
Consolidated Financials Highlights Total Income (₹ Mn) EBITDA (₹ Mn) PAT (₹ Mn) 35,670 5,267 31,049 4,752 2,027 27,568 4,064 1,804 1,471 FY17 FY18 FY19 FY17 FY18 FY19 FY17 FY18 FY19 Total Debt To Equity (X) EPS (₹) ROCE % 0.54 8.96 7.98 16.0% 6.90 15.7% 0.52 0.50 14.7% FY17 FY18 FY19 FY17 FY18 FY19
Slide 13: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY19 FY18 FY17 Total Income 35,670 31,049 27,568 Total Expenses 30,403 26,297 23,504 EBITDA 5,267 4,752 4,064 EBITDA Margin (%) 14.77% 15.30% 14.74% Finance Cost(Net) 986 875 901 Depreciation 1,461 1,372 1,155 PBT 2,820 2,505 2,008 Tax 73
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) H1-FY20 FY19 FY18 Particulars (INR Mn) H1-FY20 FY19 FY18 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 226 Non-Current Assets Other Equity 17,046 16,466 14,605 Fixed Assets Total Shareholder's Fund 17,272 16,692 14,831 Property,
Slide 15: Capital Market Information
Capital Market Information Marquee Investors as on 31st December, 2019 (% of Total Equity) Public NT Asian Discovery Fund 15.1 13% Mutual Funds HDFC Trustee 9.0 11% Promoter 51% Kapitalforeningen Investin Pro - Dalton 3.8 25% Grandeur Peak 3.6 FIIs. & Foreign Companies Reliance Capital Trustee Co. L
Slide 16: Thank You
Thank You © 2020 Time Technoplast Limited, All Rights Reserved. “Time Technoplast” and The Time Technoplast Logo are trademarks of Time Technoplast Limited. In addition to Company data, data from market research agencies, Stock Exchanges and industry publications has been used for this presentation.