Filatex India Ltd · NSE:FILATEX
Filatex India — Investor Presentation (May 2019)
34 slides from Filatex India's investor presentation, May 8, 2019
Slide 1: Filing cover letter to stock exchanges
CIN No.L.17119DN1990PLC000091 FILATEX INDIA LIMITED FIL/SE/2019-20/08 8th May, 2019 National Stock Exchange of India Limited BSE Limited Listing Department Listing Department 5th Floor, Exchange Plaza, C -l, Block-G, 25th Floor, Pheroze JeejQebhoy Towers Bandra-Kurla Complex, Bandra (E) Dalai Street
Slide 2: Filatex India Limited Investor Presentation May 2019
Filatex India Limited Investor Presentation May 2019
Slide 3: Content
Company Overview 03 Key Strengths and Growth Drivers 18 Content Results Summary 22 Financial Overview 26 FIL | Investor Presentation | May 2019
Slide 4: Company Overview
Company Overview
Slide 5: About Us, Our Vision and Mission
About Us Incorporated in 1990, Filatex India Ltd. has emerged as one of the top Our mission five manufacturers of Polyester Filament Yarn. Our Vision To attain highest level of trust, integrity and honesty in business Starting with chips to yarn, Filatex has moved to latest technology Melt To be one
Slide 6: Polyester - The Preferred Fiber
Our Product Resistant To Stretching & Shrinking Polyester -The Stain Resistant Preferred Fiber We believe that Polyester will be the fiber of the future. Affordable Pricing Filatex has focused its future growth plans on Polyester Filament Yarns. Highly Durable Faster Dryness Easy Wash Ability Blends
Slide 7: Salient Facts And Figures
Salient Facts And Figures 2 42 ~2200 Manufacturing Export Countries Employees Units 328,300 370,100 TPA TPA Production Capacity Production Capacity (FY 2018-19) (FY 2019-20) FIL | Investor Presentation | May 2019 6
Slide 8: Our Performance
Our Performance (₹ in Crore) NET REVENUE EBIDTA PAT 2,874 85 217 % .3 16 GR CA 7% % .8 70. 28 GR GR 1,573 CA CA 79 10 2015 2019 2015 2019 2015 2019 FIL | Investor Presentation | May 2019 7
Slide 9: Our Journey
Our Journey Set-up of Poly-Condensation Added manufacturing of plant of 600 TPD capacity along with 250 TPD Spinning of POY Commissioned bright Polymerization Poly polypropylene yarns capacity of 300 TPD for spinning 190 at Dadra Plant and balanced 350 TPD of Chips at Dahej, Gujrat TPD of FDY, 25 TP
Slide 10: Our Process
Our Process Polyester Chips Purified Terephthalic Acid (PTA) Drawn Textured Yarn (DTY) Partially Oriented Yarn (POY) Mono Ethelyn Glycol (MEG) Fully Drawn Yarn (FDY) FIL | Investor Presentation | May 2019 9
Slide 11: Board Of Directors
Board Of Directors Mr. Madhu Sudhan Bhageria Mr. Purrshottam Bhaggeria Mr. Madhav Bhageria Mr. Ashok Chauhan Chairman & Managing Director Joint Managing Director Joint Managing Director Executive Director Mr. S. P. Setia Mr. S. C. Parija Ms. Pallavi Joshi Bakhru Mr. B. B. Tandon Independent Director
Slide 12: Geographical Presence
Geographical Presence Exporting to 42 countries across the Globe Canada Latvia UK Georgia Germany Poland Belarus Over 50% of Czech Turkey Italy Azerbaijan Uzbekistan DTY USA Portugal Slovenia South Korea production is Spain Croatia Morocco Greece Nepal exported Algeria Tunisia Iran Bangladesh Mexico
Slide 13: Diversified Product Portfolio
Diversified Product Portfolio We have Semi dull and Bright which are diversified in following products. Industrial intermediate product used Polyester Chips 1 to manufacture Polyester yarns. Intermediate product, post Texturizing Polyester Partially Oriented 2 used for knitting & weaving different Y
Slide 14: Catering To Diverse End Users: Apparels, Women Wear
Catering To Diverse End Users Apparels Polyester Filament Yarns are extensively used in apparels – Trousers, Shirts, Suiting & Sarees. PFY is a strong filament that can withstand strong & repetitive movements. Colour Fastness of Polyester Fiber is excellent. Its wear resistant, water resistant, wrin
Slide 15: Catering To Diverse End Users: Home Textiles, Sportswear
Catering To Diverse End Users Home Textiles & Furnishings Fully Drawn Yarn of Polyester are being used for Home Furnishings, Fashion Fabrics, Terry Towels, Bed Sheets, Curtains & Carpets. Other growing applications are Upholstery Fabrics. Stain resistance makes it ideal for carpets. Sportswear The p
Slide 16: Certifications
Certifications BS OHSAS OEKO-TEX ISO 9001 : 2015 ISO 14001 : 2015 18001 : 2007 STANDARD 100 FIL | Investor Presentation | May 2019 15
Slide 17: Production Capacities
Production Capacities PRODUCTION CAPACITIES - FY 2019-20 Net Capacity (Post Expansion Net of Captive) Products (MTPA) Production Captive Net %age 1% Polyester Chips - Semi Dull 95,300 24,900 70,400 19.0% 19% 20% Polyester Chips - Bright 34,200 13,900 20,300 5.5% Polyester POY - Semi Dull 1,44,200 1,
Slide 18: Production Split by Volume
Production Split by Volume FY18 FY19 0% 0% 2%1% 1% 10% 15% 19% 1% 24% 1% Polyester Chips - Semi Dull Polyester Chips - Bright 18% Polyester POY - Semi Dull 2,21,422 MT Polyester POY - Bright 2,79,595 MT Polyester DTY - Semi Dull 1% 23% 1% Polypropylene POY- Semi Dull 19% Polypropylene DTY 3% Polyest
Slide 19: Key Strengths & Growth Drivers
Key Strengths & Growth Drivers
Slide 20: Key Strengths
Key Strengths Integrated Economies State of Art Stringent Operations of Scale Technology Quality Control Diversified PAN India Vast Global Product Mix Client Base Foot Prints FIL | Investor Presentation | May 2019 19
Slide 21: Growth drivers (1/2)
Growth drivers (1/2) Increasing Per Capita Income Rapid Urbanization Government Policies • India’s per capita income at current prices during • According to projections, an estimated 140 million • The new indirect tax regime is expected to enhance 2017-18 is estimated to have attained a level of Rs.
Slide 22: Growth drivers (2/2)
Growth drivers (2/2) Rationalized Tax Structure Increasing Exports Home Textile Industry • To encourage domestic manufacturers of man- • Capacity built over years has led to low cost of • India’s home textile industry is expected to expand made fibres, there is an increase in import duty on producti
Slide 23: Results Summary
Results Summary
Slide 24: Result Summary – Q4 FY19 vs Q4 FY18
Result Summary – Q4 FY19 vs Q4 FY18 (Y-o-Y Basis) On standalone basis (₹ in Crore) NET REVENUE EBIDTA PAT 21.9% 705.76 18.7% 61.1% 34. 00 55.12 60 578.80 55 29. 00 28.12 50 46.42 24. 00 45 19. 00 17.46 40 14. 00 35 30 9. 00 Q4 FY18 Q4 FY19 Q4 FY18 Q4 FY19 Q4 FY18 Q4 FY19 EXPORTS YARN (MTPA) CHIPS (M
Slide 25: Result Summary – FY19 vs FY18
Result Summary – FY19 vs FY18 (Y-o-Y Basis) On standalone basis (₹ in Crore) NET REVENUE EBIDTA PAT 2,874.10 49.1% 48.16% 38.3% 216.51 41.9% 84.85 1927.59 156.55 59.78 FY18 FY19 FY18 FY19 FY18 FY19 EXPORTS YARN (MTPA) CHIPS (MTPA) 13.9% 431.60 31.8% (4.5)% 2,47,541 33,559 450. 00 378.87 35, 500 32,0
Slide 26: Profit & Loss – Q4 FY19 & FY19 (Standalone)
Profit & Loss – Q4 FY19 & FY19 (Standalone) (₹ in Crore) Particulars Q4FY19 Q3FY19 Q4 Chg(QoQ) Q4FY18 Q4 Chg(YoY) FY19 FY18 Chg(YoY) Net Revenue from operations (Net of Excise Duty) 705.76 745.8 -5.37% 578.8 21.94% 2874.1 1927.59 49.10% Other income 5.19 3.15 64.76% 2.07 150.72% 11.79 11.09 6.31% To
Slide 27: Financial Overview
Financial Overview
Slide 28: Strong Financial Performance
Strong Financial Performance (₹ in Crore) Net Revenue (₹ in Crore) EBIDTA (₹ in Crore) 216.51 2 5 0 2,874.10 2 0 1,927.59 156.55 133.17 1,572.76 1,551.01 1 5 0 1,278.23 87.47 1 0 78.87 5 0 0 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 CAGR = 16.27% CAGR = 28.72% PAT (₹ in Crore) PBT (₹ in Cror
Slide 29: Operational Performance
Operational Performance Exports (₹ in Crore) Production Volume (MTPA) Chips & Yarn 279,595 431.60 32,054 378.87 221,422 189,945 33,559 300.26 169,711 24,601 159,111 47,053 29,072 2,47,541 1,87,863 1,65,344 102.13 91.96 1,30,039 1,22,658 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 Yarns Volume
Slide 30: Profit & Loss
Profit & Loss On consolidated basis (₹ in Crore) Particulars 2014-15 2015-16 2016-17 2017-18 2018-19 Revenue from operations (gross) 1,730.59 1,418.80 1,709.68 1,974.45 2,874.10 Less : Excise duty 157.83 140.57 158.67 46.86 0.00 Revenue from operations (net) 1,572.76 1,278.23 1,551.01 1,928.04 2,874
Slide 31: Balance Sheet - Assets
Balance Sheet - Assets On consolidated basis (₹ in Crore) Particulars 2014-15 2015-16 2016-17 2017-18 2018-19 Non-Current Assets 409.4 525.4 665.9 962.0 1,017.8 Property, plant and equipment 390.6 492.3 628.4 944.5 927.88 Capital work-in-progress - 18.0 5.7 6.4 71.47 Other Intangible Assets - 0.1 0.
Slide 32: Balance Sheet – Equity & Liabilities
Balance Sheet – Equity & Liabilities On consolidated basis (₹ in Crore) Particulars 2014-15 2015-16 2016-17 2017-18 2018-19 EQUITY 170.3 209.5 325.0 385.4 472.1 Equity Share capital 32.0 32.0 43.5 43.5 43.5 Other equity 138.3 164.6 281.5 341.9 428.6 Money received against share warrants - 12.9 LIABI
Slide 33: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Filatex 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 securiti
Slide 34: Thank You
Filatex India Limited BHAGERIA HOUSE, 43 Community Centre, New Friends Colony, New Delhi – 110025 Ph: +91-11-26312503 Fax: +91-11-26849915 Thank You Email: secretarial@filatex.com www.filatex.com CIN: L17119DN1990PLC000091