Ifgl Refractories Ltd. · NSE:IFGLEXPOR
Ifgl Refractories — Q4 FY16 Earnings Presentation
19 slides from Ifgl Refractories's earnings presentation, May 2016
Slide 1: IFGL Refractories Ltd Result Update Presentation
IFGL REFRACTORIES LTD RESULT UPDATE PRESENTATION , May 2016
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), has been prepared by IFGL Refractories Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not for
Slide 3: Industry Overview
INDUSTRY OVERVIEW
Slide 4: World Steel Capacity Utilization at a Nine Month High
World Steel Capacity Utilization… …at a Nine Month High Source – World Steel 4
Slide 5: World Steel Short Range Outlook 2016-2017
World Steel Short Range Outlook 2016-2017 Source – World Steel 5
Slide 6: IFGL - Ready to Capitalize
IFGL - Ready to Capitalize Increase Steel Steel Demand in Stabilizing World Production In the World ex- Economy to India on back of China to is lead to recovery Infrastructure expected to of Steel Demand growth & grow in 2016 in Developed Safeguards Economies IFGL is present in 50% of the Steel SIGN
Slide 7: Our Performance
=, = = Na = > lt a” af ’ i, - { r i j « ¢ F | ; . Y r, e as} s d i 4 f / ! Our Performance
Slide 8: Consolidated Profit & Loss
Consolidated Profit & Loss Particulars [Rs. Crs] Q4 FY16 Q4 FY15 Growth % FY16 FY15 Growth % Commentary Total Income 178 172 3.6% 722 793 -9.0% USA : Heavy dumping from China led to lower domestic Raw Material 87 87 365 406 production thus impacted profitability Employee 32 29 120 118 Expenses Germa
Slide 9: Standalone Financial Highlights – FY16
Standalone Financial Highlights – FY16 Standalone Turnover [Rs. Crs] EBITDA [Rs. Crs] 338.2 307.3 48.9 37.1 FY15 FY16 FY15 FY16 Domestic V/s Export Sales [%] PAT [Rs. Crs] 26.9 18.6 47.0% Exports Domestic 53.0% FY15 FY16 9
Slide 10: Consolidated Financial Highlights – FY16
Consolidated Financial Highlights – FY16 Consolidated Turnover [Rs. Crs] Normalized EBITDA [Rs. Crs] 793.5 722.1 98.9 87.4 FY15 FY16 FY15 FY16 Normalized EBITA margin PAT After MI [Rs. Crs] 12.6% 12.2% 53.1 42.0 FY15 FY16 FY15 FY16 *Normalized EBITDA is before Provisions (other than Tax) which is pa
Slide 11: Subsidiary Performance – FY16
Subsidiary Performance – FY16 Monocon Group [GBP mn] EI Ceramics [$ mn] 27.4 16.6 15.4 22.8 2.6 2.3 1.5 1.6 1.5 1.1 0.7 0.8 FY15 FY16 FY15 FY16 Revenue EBITDA IFGL Exports [Rs. Crs] Hofmann Ceramic [Euro mn] PAT 10.6 46.5 43.8 10.2 11.5 1.1 0.9 0.7 6.6 6.6 0.6 0.4 FY15 FY16 FY15 FY16 11
Slide 12: Reputed Global Brand
fveth Reputed Global Brand
Slide 13: Strong Brand in Global Refractories Market
Strong Brand in Global Refractories Market Consolidated Turnover [Rs. Crs.] FY16 Sales by Region +4.5% 781 793 Europe UK 722 [exc UK] 9% 676 33% 606 Americas 24% India Asia [exc 22% India] 12% India Europe [exc UK] UK Americas FY12 FY13 FY14 FY15 FY16 Asia [exc India] 13
Slide 14: IFGL Five Year Performance
IFGL Five Year Performance Particulars [Rs. Crs] FY12 FY 13 FY 14 FY 15 FY 16 Total Income 607.1 676.8 781.0 793.5 722.1 Raw Material 303.8 352.3 378.0 406.1 365.2 Employee Expenses 84.3 98.7 110.0 117.9 119.6 Other Expenses 141.8 163.2 181.0 170.6 149.9 EBITDA* 77.2 62.7 113.0 98.9 87.4 EBITDA %* 1
Slide 15: Growth in the face of challenges
Growth in the face of challenges Revenue EBITDA PAT Monocon Group [GBP mn] EI Ceramics [$ mn] Hofmann Ceramic [Euro mn] 27.6 27.4 16.8 10.6 16.6 26.1 15.9 10.2 10.2 15.4 9.9 2.7 2.6 1.1 22.8 2.2 0.9 1.5 1.6 0.7 2.5 2.3 1.5 0.5 0.5 0.6 1.6 1.1 1.3 1.5 0.8 0.3 1.1 0.7 0.2 0.7 FY13 FY14 FY15 FY16 FY13
Slide 16: EBITDA and ROCE: increasing focus on Return Matrix
…increasing focus on Return Matrix* Monocon Group# EI Ceramics Hofmann Ceramic +530Bps 5.1% 13.6% 10.4% 4.9% 10.5% EBITDA 5.1% FY13 FY16 FY13 FY16 FY13 FY16 +720Bps 5.4% 16.4% 20.4% 4.6% 13.2% 9.5% ROCE FY13 FY16 FY13 FY16 FY13 FY16 • Local currency financials in reporting country •# For FY16 perfor
Slide 17: Sustainable Shareholder Value Creation
Sustainable Shareholder Value Creation Return on Capital Employed Net Debt : Equity Ratio [x] Net Debt : EBITDA Ratio [x] 22% 0.7 1.9 18% 18% 1.4 0.5 14% 13% 0.3 0.8 0.7 0.2 0.4 0.1 FY12 FY13 FY14 FY15 FY16 FY12 FY13 FY14 FY15 FY16 FY12 FY13 FY14 FY15 FY16 * Consolidated ROCE = EBIT/ (Total Debt + N
Slide 18: Dividend Record
Dividend Record 20.0% 20.0% 17.5% 15.0% 15.0% FY12 FY13 FY14 FY15 FY16 Particulars (Rs.) FY12 FY13 FY14 FY15 FY16 Consolidated Book Value per Share 64.1 70.9 95.1 99.6 111.7 Consolidated Earning Per Share 11.3 7.9 18.3 15.1 12.1 Dividend Per Share 1.5 1.5 1.75 2.00 2.00 18
Slide 19: Contact
Contact For further information, please contact: Company : Investor Relations Advisors : IFGL Refractories Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L27202OR1989PLC002971 CIN - U74140MH2010PTC204285 Mr. Rajesh Agrawal Mr. Shogun Jain / Ms. Sanjita Ghosh rajesh.agrawal@ifgl.in jshogun@sgapl.net