Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q1 FY2024 Earnings Presentation
20 slides from Time Technoplast's earnings presentation, Aug 1, 2023
Slide 1: Earnings Presentation Q1 FY 2024
BSE: 532856 | NSE: TIMETECHNO | ISIN: INE508G01029 | CIN: L27203DD1989PLC003240 Earnings Presentation Q1 FY 2024 ©2023, Time Technoplast Ltd., All Rights Reserved
Slide 2: Management Commentary
MANAGEMENT C O M M E N TA R Y “We are pleased to begin the year on an encouraging note with a good year-on-year (Y-o-Y) volume growth of 18% and revenue growth of 14% driven by demand in Industrial Packaging and robust growth in CNG Composite Cylinder business (83%). Profit after Tax (PAT) for Q1 al
Slide 3: Table Of Content
Table Of Content Financial Highlights Company Overview Appendix
Slide 4: Financial Highlights
Financial Highlights
Slide 5: Q1FY24 Financial Snapshot
Q1FY24 Financial Snapshot Total Income (₹ Mn) EBITDA (₹ Mn) and Margin (%) Particulars India Overseas 14.3% 19.4% YoY Growth YoY Growth Volume Growth (18% YoY) 19% 17% 13.1% 13.7% Revenue Growth (14% YoY) 15% 13% 10,803 9,450 Revenue Contribution 63% 37% 1,482 EBITDA Margin 13.9% 13.4% 1,242 PAT Mar
Slide 6: Segmental Performance
Segmental Performance Polymer Products* Composite Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 15,000 10,000 18.00% 9,000 18.00% 12,000 8,000 14.5% 13.3% 13% 13.7% 17% 12.9% 7,000 YoY YoY 9,000 6,000 7,135 Revenue 5,000 Revenue 6,323 6,000 Share 4,000 3,658 Share 66
Slide 7: Established Products and Value Added Products
Established Products and Value Added Products Established Products* Value Added Products** Revenue (₹ Mn) EBITDA Margins (%) Revenue (₹ Mn) EBITDA Margins (%) 15,000 10,000 9,000 12,000 12.7% 8,000 12.1% 12% 16.8% 17.0% 18.00% 24% 7,000 YoY YoY 9,000 8,232 6,000 7,369 Revenue 5,000 Revenue 6,000 Sha
Slide 8: Product Segment Wise Value and Volume Numbers
Product Segment Wise Value and Volume Numbers Value Volume YoY YoY Particulars Q1FY24 Q1FY23 Growth Growth Unit Q1FY24 Q1FY23 (₹ Mn) (₹ Mn) % % TURNOVER REGULAR BUSINESS Packaging (Excl. IBC Business ), Lifestyle , Auto , Batteries Business etc. 7,819 7,006 11.6% M.T. 62,548 53,902 PE Pipes 413 363
Slide 9: Q1FY24 Highlights
Q1FY24 Highlights Total capex in Q1FY24 towards brownfield expansion, maintenance, re-engineering and automation ₹ 435 Mn. Established Products ₹ 180 Mn. Value Added Products (mainly towards IBC and CNG expansion) ₹ 255 Mn. ▪ Capacity utilization: Overall 80% ▪ Continued focus on improving Working C
Slide 10: Q1FY24 Highlights
Q1FY24 Highlights Composite Cylinder- LPG application ▪ Supplies on-going for 0.75 million Type-IV LPG Composite cylinders received from Indian Oil Corporation Limited (IOCL) ▪ Supply for same order quantity to begin for a further period of up to 12 months, on same terms and conditions ▪ Good potent
Slide 11: Q1FY24 Highlights
Q1FY24 Highlights Composite Cylinder- CNG application (on-board) ▪ Company in discussion with OEMs for supply of Fully Wrapped Carbon Fibre Reinforced Type-IV Composite Cylinder for On Board (vehicle) applications. ▪ Besides the OEMs, who have explicitly expressed their preference for Type-IV cylind
Slide 12: Q1FY24 Highlights
Q1FY24 Highlights Consolidation cum Restructuring of Overseas business ▪ The Board of Directors and Members have approved the consolidation cum restructuring of overseas business in full/part by way of disinvestment of majority stake to Strategic Partner/ Investor Partner. The proceeds will be used
Slide 13: Company Overview
Company Overview
Slide 14: Time Technoplast
Time Technoplast Time Technoplast Limited (Time Tech) is a multinational company and one of the leading manufacturer of technology-based polymer and composite products Strong presence in Asia & MENA regions with presence in 10 different countries outside India Leading Global Industrial Packaging Com
Slide 15: Innovative and Tech Oriented Products
Innovative and Tech Oriented Products Auto Industrial Packaging Infrastructure Innovative Polymer Components Focus on Innovative & Tech Products Drums & Containers Jerry Cans Conipack Pails HDPE Pipes Energy Storage oriented polymer products Devices and have several firsts to our credit- ▪ 1st to la
Slide 16: Appendix
Appendix
Slide 17: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Mn) Q1FY24 Q1FY23 FY23 FY22 Total Income 10,803 9,450 42,932 36,528 Total Expenses 9,321 8,208 37,123 31,440 EBITDA 1,482 1,242 5,809 5,088 EBITDA Margin (%) 13.7% 13.1% 13.5% 13.9% Finance Cost (Net) 264 231 1,052 920 Depreciation 455 407 1,709 1,574 PBT
Slide 18: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) FY23 FY22 Particulars (₹ Mn) FY23 FY22 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 Other Equity 22,467 20,501 Non-Current Assets Total Shareholder's Fund 22,693 20,727 Fixed Assets Minority Interest 582 534 Property, Plant & Equ
Slide 19: Consolidated Cash Flow
Consolidated Cash Flow Particulars (₹ Mn) FY23 FY22 Net cash flow from operating activities 3,702 2,908 Profit before tax & extraordinary items 3,048 2,594 Depreciation 1,709 1,574 Interest 1,052 920 Others 55 42 Working Capital Changes (1,506) (1,682) Tax Payment (656) (540) Net cash used in Invest
Slide 20: Thank You
For further information, please contact: Mr. Digvijay Singh Rathore Thank You Manager – Investor Relations +91 22 7111 9304 digvijay.rathore@timetechnoplast.com Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words