Fineotex Chemical Limited · NSE:FCL

Fineotex Chemical — Q2 FY2019 Earnings Presentation

23 slides from Fineotex Chemical's earnings presentation, November 2018

  1. Slide 1: Fineotex Chemical Limited H1/Q2-FY19 Earnings Presentation

    FINEOTEX CHEMICAL LIMITED H1/ Q2-FY19 Where Dependability Counts… EARNINGS PRESENTATION

  2. Slide 2: Executive Summary

    ~~ EXECUTIVESUMmMaARY ©

  3. Slide 3: Executive Summary

    FINEOTEX® EXECUTIVE SUMMARY OVERVIEW BUSINESS MIX KEY STRENGTHS FY18 FINANCIALS (I-GAAP-Consolidated)  Fineotex Group founded in 1979  Fineotex is one of India’s largest  Strong Balance Sheet with Zero  Income – INR 1,431 MN , year is engaged in manufacturing of and most progressive speciality D

  4. Slide 4: Company Overview

    COMPANY OVERVIEW 4

  5. Slide 5: Company Overview

    FINEOTEX® COMPANY OVERVIEW  Fineotex Group was established in 1979 by Mr. Surendra Industry wise Revenue Domestic Revenue Tibrewala. Break-up Break-up Adhesives Other  FCL was incorporated as a public limited company in 2007. The 1% Chemicals South East Fertilizer 2% company was listed on Bombay S

  6. Slide 6: Accreditations

    FINEOTEX® ACCREDITATIONS SA 8000 (Social Accountability ISO 9001:20015 ISO 14001:2015 OHSAS 18001:2007 Management System) Fastest growing company in chemical Recognized as a ZDHC (Zero Discharge Hazardous Chemical) manufacturing by IPF at Bombay Stock Star Export House Exchange 6

  7. Slide 7: Financial Overview

    FINANCIAL OVERVIEW 7

  8. Slide 8: Q2-FY19 Financial Highlights

    FINEOTEX® Q2-FY19 FINANCIAL HIGHLIGHTS (IND-AS)  Q2-FY19 performance (Standalone):  H1-FY19 performance (Standalone): • Revenue : INR 269 Mn; Growth of 23.4% YoY • Revenue : INR 521 Mn; Growth of 17.6% YoY • EBITDA : INR 50 Mn; • EBITDA : INR 126 Mn; Growth of 6.8% YoY • EBITDA Margin : 18.59% • E

  9. Slide 9: Quarterly Income Statement (Standalone)

    FINEOTEX® QUARTERLY- INCOME STATEMENT STANDALONE (As Per IND-AS) INCOME STATEMENT (INR Mn) Q2-FY19 Q2-FY18 Y-o-Y Q1-FY19 Q-o-Q Revenue 269 218 23.4% 251 7.2% Expenses 219 153 43.1% 176 24.4% EBITDA 50 65 (23.1)% 75 (33.3)% EBITDA Margins (%) 18.59% 29.82% NA 29.88% NA Other Income (2) 19 NA (4) NA D

  10. Slide 10: Half Yearly Income Statement (Standalone)

    FINEOTEX® HALF YEARLY- INCOME STATEMENT STANDALONE (As Per IND-AS) INCOME STATEMENT (INR Mn) H1-FY19 H1-FY18 Y-o-Y Revenue 521 443 17.6% Expenses 395 325 21.5% EBITDA 126 118 6.8% EBITDA Margins (%) 24.18% 26.64% (246) Bps Other Income (6) 29 NA Depreciation 4 3 33.3% Finance Cost 4 2 100.0% Excepti

  11. Slide 11: Quarterly Income Statement (Consolidated)

    FINEOTEX® QUARTERLY- INCOME STATEMENT CONSOLIDATED (As Per IND-AS) INCOME STATEMENT (INR Mn) Q2-FY19 Q2-FY18 Y-o-Y Q1-FY19 Q-o-Q Revenue 432 349 23.8% 429 0.7% Expenses 353 268 31.7% 332 6.3% EBITDA 79 81 (2.5)% 97 (18.6)% EBITDA Margins (%) 18.29% 23.21% (492) Bps 22.61% (432) Bps Other Income (3)

  12. Slide 12: Half Yearly Income Statement (Consolidated)

    FINEOTEX® HALF YEARLY- INCOME STATEMENT CONSOLIDATED (As Per IND-AS) INCOME STATEMENT (INR Mn) H1-FY19 H1-FY18 Y-o-Y Revenue 861 670 28.5% Expenses 685 523 31.0% EBITDA 176 147 19.7% EBITDA Margins (%) 20.44% 21.94% (150) Bps Other Income (4) 30 NA Depreciation 5 3 66.7% Finance Cost 5 2 150.0% Exce

  13. Slide 13: Historical Standalone Income Statement

    FINEOTEX® HISTORICAL STANDALONE INCOME STATEMENT (As Per I-GAAP) INCOME STATEMENT (INR Mn) FY14 FY15 FY16 FY17 FY18 Revenue 535 650 681 757 921 Expenses 486 537 498 565 680 EBITDA 49 113 183 192 241 EBITDA Margins (%) 9.16% 17.38% 26.87% 25.36% 26.17% Other Income 37 48 45 44 73 Depreciation 2 4 5 6

  14. Slide 14: Standalone Balance Sheet

    FINEOTEX® STANDALONE BALANCE SHEET (As Per I-GAAP) PARTICULARS (INR Mn) FY 13 FY14 FY 15 FY16 FY17 PARTICULARS (INR Mn) FY 13 FY14 FY15 FY16 FY17 EQUITIES & LIABILITIES ASSETS Shareholder Funds 546 601 707 837 956 Non Current Assets 225 244 576 678 772 (A) Share Capital 112 112 224 225 223 (A) Fixed

  15. Slide 15: Standalone Balance Sheet

    FINEOTEX® STANDALONE BALANCE SHEET (As Per IND-AS) PARTICULARS (INR Mn) FY17 FY18 H1-FY19 PARTICULARS (INR Mn) FY17 FY18 H1-FY19 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non Current Assets Equity Share Capital 223 223 223 Property, Plant & Equipment 163 180 235 Other Equity 798 988 1,061 Capi

  16. Slide 16: Standalone Financial Performance

    FINEOTEX® STANDALONE FINANCIAL PERFORMANCE (As Per I-GAAP) Revenue EBITDA M (%) Net Profit 1000 921 30.0% 250 222 900 800 757 25.0% 26.9% 26.2% 200 700 650 25.4% 681 20.0% 151 159 17.4% 600 535 150 500 15.0% 112 400 100 300 10.0% 58 200 9.2% 50 5.0% 100 0 0.0% 0 FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY

  17. Slide 17: Historical Consolidated Income Statement

    FINEOTEX® HISTORICAL CONSOLIDATED INCOME STATEMENT (As Per I-GAAP) INCOME STATEMENT (INR Mn) FY14 FY15 FY16 FY17 FY18 Revenue 867 1,020 1,087 1,354 1,431 Expenses 774 855 822 1,055 1,129 EBITDA 93 165 265 299 302 EBITDA Margin (%) 10.73% 16.18% 24.38% 22.08% 21.10% Other Income 28 45 33 43 52 Deprec

  18. Slide 18: Consolidated Balance Sheet

    FINEOTEX® CONSOLIDATED BALANCE SHEET (As Per I-GAAP) PARTICULARS (INR Mn) FY 13 FY14 FY 15 FY 16 FY17 PARTICULARS (INR Mn) FY 13 FY14 FY 15 FY 16 FY17 EQUITIES & LIABILITIES ASSETS Shareholder Funds 581 647 763 913 1,060 Non Current Assets 200 224 556 647 743 (A) Share Capital 112 112 224 225 223 (A

  19. Slide 19: Consolidated Balance Sheet

    FINEOTEX® CONSOLIDATED BALANCE SHEET (As Per IND-AS) PARTICULARS (INR Mn) FY17 FY18 H1-FY19 PARTICULARS (INR Mn) FY17 FY18 H1-FY19 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non Current Assets 173 192 247 Equity Share Capital 223 223 223 Property, Plant & Equipment Other Equity 902 1,135 1,243

  20. Slide 20: Consolidated Financial Performance

    FINEOTEX® CONSOLIDATED FINANCIAL PERFORMANCE (As Per I-GAAP) Revenue EBITDA M (%) Net Profit CASH FLOW FROM OPERATIONS 1,600 30.0% 300 200 1,354 1,431 249 1,400 24.4% 239 180 191 25.0% 250 160 1,200 1,087 22.1% 136 136 1,020 20.0% 200 140 1,000 867 21.1% 170 120 800 10.7% 16.2% 15.0% 150 129 100 600

  21. Slide 21: Capital Market Information

    FINEOTEX® CAPITAL MARKET INFORMATION PRICE DATA (AS ON 30th September, 2018) INCREASE IN PROMOTER HOLDING INCREASE IN RETAIL SHAREHOLDERS Face value (INR) 2.0 Promoter Holding (%) Retail Shareholders Market Price (INR) 39.45 37,936 73.0 40,000 52 Week H/L (INR) 106.05/31.35 72.0 30,000 Market Cap (I

  22. Slide 22: Safe Harbour

    FINEOTEX® SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Fineotex Chemical Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe

  23. Slide 23: Capital Market Information

    FINEOTEX® CAPITAL MARKET INFORMATION INCREASE IN PROMOTER HOLDING PRICE DATA (AS ON 31ST DECEMBER, 2015) Promoter Holding (%) Face value (INR) 2 Market Price (INR) 26.45 75 52 Week H/L (INR) 44.6/17.8 70 70.7 71.7 Market Cap (INR Mn) 2970.3 65 66.3 Equity Shares Outstanding (Mn) 22.5 60 62.5 Free Fl

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