Garware Hi-tech Films Limited · NSE:GRWRHITECH
Garware Hi-tech Films — Q4 & FY22 Earnings Presentation
20 slides from Garware Hi-tech Films's earnings presentation, Jun 4, 2022
Slide 1: Investor presentation cover letter to stock exchanges
({ff HI-TECH FILM S June 04, 2022 The Compliance Manager The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Corporate Relationship Dept., Exchange Plaza, Plot No . C/ 1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street,Mumbai 400001. Bandra (Ea
Slide 2: Q4 & FY22 Earnings Presentation
Q4 & FY22 EARNINGS PRESENTATION
Slide 3: Disclaimer
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -~ ':::!I GARWARE- HI-TECH FILMS Disclaimer This presentation may contain forward-looking statements which are based on the company’s current expectations and estimates about the industry, management’s beliefs and various other assumptions.
Slide 4: Chairman's message
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -~ ':::!I GARWARE- HI-TECH FILMS “Our business initiatives undertaken a few years ago with a long-term vision and a financially conservative outlook are now bearing fruits. In FY22 our Company has earned record revenues and profits, despite
Slide 5: Current world outlook
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -~ ':::!I GARWARE- HI-TECH FILMS Current world outlook • Ukraine war and Russian embargo has impacted all global businesses to Russia and East Europe • GHFL has been able to replace the Russian orderbook with stable orders from US • US cont
Slide 6: Financial Overview (Consolidated)
GARWARE HI-TECH FILMS LTD. Financial Overview (Consolidated) 5
Slide 7: Consolidated Financial Performance Summary
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -~ ':::!I GARWARE- HI-TECH FILMS Consolidated Financial Performance Summary (INR in Crores) Q4FY22 Q4FY21 Change Q3FY22 FY22 FY21 Change Audited Audited % Unaudited Audited Audited % Revenue 324 288 12.43 334 1,303 989 31.71 EBIDTA 71 58 21
Slide 8: Consolidated Financial Results
Consolidated Financial Results - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -~ ':::!I GARWARE- HI-TECH FILMS (INR in Crores) Q4FY22 Q4FY21 Change Q3FY22 FY22 FY21 Change Audited Audited % Unaudited Audited Audited % Revenue 324 288 12.43 334 1,303 989 31.71 Other Income 15 6 145.22 8
Slide 9: Revenue by Region – FY22
Revenue by Region – FY22 Europe 15 Others, 25% India, 27% North Asia America 49 32 Europe, 15% South Africa USA, 33% America ' .. 2 ' 1 0 1 Australia Exported to more than 80+ Countries worldwide ~73% Exports contribution to Revenue in FY22 0 8
Slide 10: Revenue Mix - User Industry (FY21 and FY22)
Revenue Mix - User Industry (FY 21 and FY 22) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ':::!I ~ GARWARE- HI-TECH FILMS Commodity products Commodity products FY21 FY22 ________ i. __; ~-------- Thermal Thermal Plain Film Packaging Plain Film Packaging 9% Lamination Lamination 10%
Slide 11: Revenue Mix from Value-Added Products (FY21 and FY22)
Revenue Mix from Value-Added Products (FY21 and FY22) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ':::!I ~ GARWARE- HI-TECH FILMS FY21 FY22 Commodity Commodity Products Products 25% 24% Value Added Value Added Products Products 75% 76% 0 10
Slide 12: Five-Year Financial Performance - Improving Return Ratios
Five-Year Financial Performance - Improving Return Ratios - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -~ ':::!I GARWARE- HI-TECH FILMS ROE (%) ROCE (%) 20% 25% 22.72% 22.49% 18% 19.79% 17.65% 16% 19.10% 20% 15.75% 14% 13.42% 13.44% 12% 15% 10% 11.14% 8% 10% 6% 6.27% 4% 5% 2% 0% 0% FY
Slide 13: Five-year Financial Performance – Revenue, Profit & Margin growth
Five-year Financial Performance – Revenue, Profit & Margin growth - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -L ~ GARWARE- ':::!I HI-TECH FILMS Revenue* from Operations & Net Profit (INR Cr.) PAT (INR Cr.) PAT Margin (%) 180 14% 12.7% 12.8% 1,400 180 1303 160 167 12% 1,300 160 1
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ':::!I ~ GARWARE- HI-TECH FILMS (INR in Crores) Liabilities FY22 FY21 Assets FY22 FY21 Shareholders Fund 1,711 1,564 Non-Current Assets 1,536 1,433 Share Capital 23 23 Property, Plant and Equipment 1,339 1,327 O
Slide 15: Capital Expenditure Update
Capital Expenditure Update ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ':::!I GARWARE HI-TECH FILMS - Planned Capital Expenditure of INR 270 cr. for FY21 & FY22 (Completed) (In progress) Tranche 1 - INR 135 cr. Tranche 2 - INR 135 cr. Upgradation of Manufacturing Facilities
Slide 16: Overview
GARWARE HI-TECH FILMS LTD. Overview 15
Slide 17: About Garware Hi-Tech Films Ltd.
About Garware Hi-Tech Films Ltd. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ':::!I ~ GARWARE- HI-TECH FILMS The Vision of Garware Hi-Tech Films Limited is ‘To be a global leader in Specialty Performance films by incessantly exploring the cutting edge of chemistry and technology to
Slide 18: Garware Hi-Tech Films Ltd. at a Glance
Garware Hi-Tech Films Ltd. at a Glance - - - - - - - - - - - - - - - - - - - - - - - ':::!I ~ HI-TECH GARWARE FILMS - India’s only manufacturer of Sun One of the reputed brands in USA, Europe Market leader with more than Control films and Paint Protection Films and Middle East for Automotive Sun Con
Slide 19: Paint Protection Films – Applicator engagement & training
Paint Protection Films – Applicator engagement & training - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ':::!I ~ GARWARE- HI-TECH FILMS Continuous association, support and training programs with Applicator community 0 18
Slide 20: Corporate Office - Mumbai
Corporate Office - Mumbai Marketing Mumbai, Delhi and Chennai Offices Manufacturing Waluj and Chikalthana, GARWARE Facilities Aurangabad, Maharashtra HI-TECH FILMS International Subsidiaries - USA United Kingdom GARWARE HI-TECH FILMS LTD. CIN: L10889MH1957PLC010889 For queries: nikhil.mehta@bluelotu
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