Xpro India Limited · NSE:XPROINDIA
Xpro India — Investor Presentation (November 2021)
37 slides from Xpro India's investor presentation, Nov 3, 2021
Slide 1: Disclosure under Regulation 30 - Investor Presentation
XPRO INDIA TIMITED B irla Building (2nd Floor), xtroindia 9/1, R. N. Mukherjee Road, Kolkata - 700 001. India Tel. : +91-33-40823700/22200600 e-mail : xprocal@xproindia.com November 3, 2021 National Stock Exchange of lndia Ltd. The Dy. General Manager "Exchange Plaza", Bombay Stock Exchange Limited
Slide 2: Xpro India Limited Investor Presentation
Xpro India Limited Investor Presentation
Slide 3: Extract from Letter to Stock Exchanges (29 Oct 2021)
Extract from Letter to Stock Exchanges (29 Oct 2021)…… “Xpro India Limited intends to pursue material expansion of capacity by adding new manufacturing lines for Dielectric and other technical grades of biaxially oriented polypropylene film. The first phase would double capacity at its existing faci
Slide 4: Diversified Business Operating In Niche Segments
Diversified Business Operating In Niche Segments Xpro India Limited: Is a diversified multi-divisional, multi-locational business catering to multiple end user industry segments and enjoying a strong Brand Equity Has core competencies in the polymer processing and co-extrusion industry with technica
Slide 5: Diverse Product Range for Specialized Applications
Diverse Product Range for Specialized Applications Dielectric / Capacitor Films Speciality Biaxially Oriented Polypropylene Films Coextruded Plastic Sheets Thermoformed Liners Cast Coextruded Films Investor Presentation | November 2021 4
Slide 6: Diversified End Use
Diversified End Use Essential application in high growth & sunrise sectors White Goods, EV & Hybrid vehicles … Investor Presentation | November 2021 5
Slide 7: Multi Location
Multi Location Faridabad Coex Division, Greater Noida Delhi Biax Division, Barjora Kolkata Production Mumbai Facilities Coex Division, Hyderabad Ranjangaon Registered Office Corporate Chennai Office Other Offices Investor Presentation | November 2021 6
Slide 8: Some of our Valued Partner Clients
Some of our Valued Partner Clients… • Impressive list of customers comprising leading Indian, and Transnational Companies • Xpro a key partner over many years • Customers recognise that Xpro builds in Quality and consistency • Xpro does not compromise in Safety, environment or regulatory requirement
Slide 9: Biax Division
Biax Division THE ONLY DOMESTIC PRODUCER OF CAPACITOR/DIELECTRIC FILMS
Slide 10: Potential Uses of Biax Dielectric films
Potential Uses of Biax Dielectric films Capacitors for hybrid cars and EVs Application areas include ∙ Capacitors for use in Fan, Cooler, ∙ Microwave Oven Capacitors Washing Machine and Air ∙ Low Voltage industrial Power Conditioners Factor Correction Capacitors ∙ Power Transmission & Distribution ∙
Slide 11: Product Portfolio
Product Portfolio Dielectric Grade BOPP Film Dielectric / Capacitor Films • Specialty Biaxially Oriented BOPP Film – very different from packaging grade and other types of BOPP Films; • Xpro Biax Dielectric Films are specially designed polypropylene films manufactured by the stenter process on highl
Slide 12: Manufacturing Facilities
Manufacturing Facilities • Xpro is the only domestic producer of Capacitor/Dielectric Films; • BOPP films produced with main equipment from Bruckner, Germany; • Film technology originally sourced from U.K.; • Dielectric film technology developed in-house is constantly updated; Barjora, West Bengal •
Slide 13: Dielectric Film Unit at a glance
Dielectric Film Unit at a glance Investor Presentation | November 2021 12
Slide 14: Key Milestones – Biax Division
Key Milestones – Biax Division 1992 Barjora Established 2002 Metalliser 2003 Pithampur Acquired 2005-09 Pithampur (JV) 2011 Pithampur Merged (exit in 2018) 2015 New Dielectric Film Unit Investor Presentation | November 2021 13
Slide 15: Coex Division
Coex Division LEADERSHIP POSITION IN SUPPLIES OF SHEETS/LINERS TO REFRIGERATOR INDUSTRY
Slide 16: Product Portfolio - Coextruded Plastic Sheets
Product Portfolio - Coextruded Plastic Sheets Coextruded Plastic Sheets Multi-layer Co-extruded Sheets • Xpro offers a wide range of mono-layer and coextruded plastic sheets, produced on highly sophisticated equipment based on various thermoplastic resins (such as PS, PP, ABS, PE etc.) specially des
Slide 17: Product Portfolio – Sheet & Thermoformed Components
Product Portfolio – Sheet & Thermoformed Components Sheet Applications • XPRO COEX have several fully automatic specialized lines for continuous vacuum forming for thickwall applications at the Greater Noida and Ranjangaon units; • Thermoforming plants specially designed for high production requirem
Slide 18: Product Portfolio - Cast Coextruded Films
Product Portfolio - Cast Coextruded Films Cast Coextruded Films Xpro Cast Films are produced on the most sophisticated multilayer coextrusion film lines. A wide range of speciality cast films are offered including Release Films Hygiene Films Stretch Wrap Film Soft Blister Film Polyethylene based emb
Slide 19: Manufacturing Facilities
Manufacturing Facilities Greater Noida, (Uttar Pradesh) Ranjangaon, Maharashtra • Xpro is the predominant player and leader in supplies of Sheet/liner to the Indian Refrigerator Industry; • The Coex Division is engaged in the manufacture of Coextruded Multilayer Plastic Sheets and Coextruded Multila
Slide 20: Coex Division at a glance
Coex Division at a glance Investor Presentation | November 2021 19
Slide 21: Key Milestones – Coex Division
Key Milestones – Coex Division 1984 1985 1993 & 1996 2001 Sheets Cast Films Significant Significant (Faridabad) (Faridabad) expansion expansion (sheets) (cast films) 2003 2004 2008 2008 Thermoforming Sheets Sheets Thermoforming (Gr. Noida) (new unit (new unit (Ranjangaon) Gr. Noida) Ranjangaon) 2010
Slide 22: The Exciting Future
The Exciting Future AT AN INFLECTION POINT
Slide 23: The Exciting Future
The Exciting Future ∙ The only manufacturer of dielectric films in India meeting about 33% of domestic needs. The balance presently met through imports offers a natural market. ∙ Capacitors essential to electricity distribution and consumption; A growing market with added thrust on infrastructure; B
Slide 24: Well Recognised…..
Well Recognised….. A sample representation of awards and other recognition earned by Biax and Coex Divisions of the Company for vendor support, product development, quality and excellence Investor Presentation | November 2021 23
Slide 25: Certification
Certification At Xpro, we firmly recognize that total customer satisfaction is the key to our success. Our aim is to build sound customer relationships through creation of value for them, and in the process earn an equitable return for ourselves. Quality is built into products through appropriate ma
Slide 26: Financials
Financials Q2FY22 FINANCIAL HIGHLIGHTS
Slide 27: Q2 FY22 Consolidated Financial Performance
Q2 FY22 Consolidated Financial Performance Revenues (Rs. Crs) Gross Profit (Rs. Crs) EBITDA (Rs. Crs) +30% 126.5 +26% +41% 97.7 37.0 17.2 29.5 12.2 Q2 FY21 Q2 FY22 Q2 FY21 Q2 FY22 Q2 FY21 Q2 FY22 PAT (Rs. Crs) +125% 10.8 4.8 Q2 FY21 Q2 FY22 Investor Presentation | November 2021 26
Slide 28: Q2 FY22 Profit & Loss Statement
Q2 FY22 Profit & Loss Statement Particulars (Rs. Crs) Q2FY22 Q2FY21 Y-o-Y Q1 FY22 Q-o-Q H1 FY22 H1 FY21 Y-o-Y (%) Revenue from Operations 126.5 97.7 30% 91.1 39% 217.7 123.9 76% Cost of Materials Consumed 88.3 62.1 62.1 150.4 80.2 Change in Inventories of finished goods, work-in-progress 1.2 6.1 -0.
Slide 29: Consolidated Balance Sheet
Consolidated Balance Sheet EQUITY & LIABILITIES (Rs. Crs) Sep-21 Mar-21 ASSETS (Rs. Crs) Sep-21 Mar-21 Equity Share Capital 11.8 11.8 Property, Plant and Equipment 165.6 170.2 Other Equity 93.7 78.1 Right of Use of Assets 9.0 8.9 Capital Work-in-progress 0.0 0.3 Total Equity 105.6 89.9 Financial Ass
Slide 30: Abridged Cash Flow Statement
Abridged Cash Flow Statement Particulars (Rs in Cr) 30-Sep-2021 30-Sep-2020 Profit before Tax 15.9 -5.5 Operating profit before working capital changes 29.0 9.6 Changes in working capital -7.0 10.1 Cash generated from operations 22.0 19.7 Direct taxes paid (net of refund) 0.4 -0.6 Net Cash from Oper
Slide 31: Performance in Charts
Performance in Charts Revenue (Rs. Crs) EBITDA (Rs. Crs) PAT (Rs. Crs) 346.8 354.8 373.4 41.1 15.9 26.5 30.6 28.7 217.7 7.9 2.3 1.2 FY19 FY20 FY21 H1-FY22 FY19 FY20 FY21 H1-FY22 FY19 FY20 FY21 H1-FY22 Earnings Per Share (in Rs) EBITDA Margins (%) PAT Margins (%) +44.7% 13.4 11.0% 13.0% 7.3% +235% 7.
Slide 32: Half Year Performance in Charts
Half Year Performance in Charts Revenues (Rs. Crs) EBITDA (Rs. Crs) PAT (Rs. Crs) Overcame Wave 1 Lockdown impact +76% +193% 217.7 28.7 15.9 123.9 9.8 H1-FY21 H1-FY22 H1-FY21 H1-FY22 -7.9 H1-FY21 H1-FY22 Earnings Per Share (in Rs) EBITDA Margins (%) Positive EPS +63% 13.4 13.0% 8.0% -6.7 H1-FY21 H1-
Slide 33: Capital Disciplined Growth
Capital Disciplined Growth RoCE* (%) RoE# (%) Net Debt to Equity (x) 15.8% 9.2% 2.07 1.89 10.0 % 9.9% 1.42 2.9% 1.5% Mar-19 Mar-20 Mar-21 Mar-19 Mar-20 Mar-21 Mar-19 Mar-20 Mar-21 Cash Flow from Operations (Rs. Crs.) 47.9 39.3 28.7 FY19 FY20 FY21 #RoE = Net Profit/Avg. Total Equity *RoCE = EBIT/Avg.
Slide 34: Board of Directors
Board of Directors Sri Sidharth Birla (Chairman) Smt. Madhushree Birla (Director) Industrialist with experience in industry and business of about 43 years, is a Science Honors Graduate and Graduate from University of Ahmedabad, was first appointed on the Board of the Company holds a Master’s Degree
Slide 35: Board of Directors
Board of Directors Ms. Suhana Murshed (Independent Director) Sri Utsav Parekh (Independent Director) Holds a Bachelor’s Degree in Commerce with honours. He has vast and continuing experience of about Ms. Suhana Murshed is a Partner at Khaitan & Co and is based in Kolkata, West Bengal. She has extens
Slide 36: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Xpro India 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
Slide 37: Thank You
Thank You Company Investor Relations Advisor Xpro India Limited Orient Capital (a division of Link Group) CIN: L25209WB1997PLC085972 Ms. Rasika Sawant: +91 9594457518 rasika.sawant@linkintime.co.in Mr. Amit Dhanuka amit.dhanuka@xproindia.com Mr. Faraz Ahmed: +91 96197 05105 Faraz.ahmad@linkintime.co