Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — H1 FY2019 Earnings Presentation
17 slides from Time Technoplast's earnings presentation, 2018
Slide 1: Earnings Presentation – H1/Q2-FY19
Earnings Presentation – H1/Q2-FY19
Slide 2: Executive Summary
Executive Summary • Time Technoplast Ltd. (TimeTech) is a Multinational conglomerate and one of the leading manufacturers of diversified range of polymer based products. • Since its inception in 1992, the company has set itself apart from its competition by focusing on research and development, futu
Slide 3: Time Techno at a Glance
Time Techno at a Glance 3 2 1 Largest producer of Market leader in 3rd largest 2nd largest Intermediate Bulk Largest large size plastic drums 8 out of 10 Composite Cylinder Range of composite worldwide countries Container (IBC) manufacturer manufacturer worldwide cylinder worldwide worldwide FY18 To
Slide 4: Product Portfolio
Product Portfolio Established Brands Established Products Drums & Containers Jerry Cans Conipack Pails Mats DWC Pipes HDPE Pipes Disposal Bins Energy Storage Devices Fuel Tanks Rain Flaps Material Handling Duro Gel Value Added Products Composite Cylinders Composite IBCs MOX Films 4
Slide 5: Q2-FY19 Key Financial Highlights (Consolidated)
Q2-FY19 Key Financial Highlights (Consolidated) Particulars (INR Mn) Q2-FY19 Q2-FY18 Y-o-Y Growth Total Income 8,277 7,252 14.13% EBITDA 1,077 1,098 (1.82) % EBITDA Margins 13.02% 15.14% (212) Bps* PAT 316 420 (24.76) % PAT Margins 3.82% 5.79% (197) Bps Cash Profit 726 757 (4.09) % Volume Growth 9%
Slide 6: H1-FY19 Key Financial Highlights (Consolidated)
H1-FY19 Key Financial Highlights (Consolidated) Particulars (INR Mn) H1-FY19 H1-FY18 Y-o-Y Growth Total Income 16,096 14,062 14.46% EBITDA 2,287 2,117 8.03% EBITDA Margins 14.21% 15.05% (84) Bps PAT 749 783 (4.33)% PAT Margins 4.65% 5.57% (92) Bps Cash Profit 1559 1454 7.22% Volume Growth 11% 6
Slide 7: H1-FY19 Financial Highlights
H1-FY19 Financial Highlights • Revenue growth achieved: 14% (India – 15%; Overseas– 13%) • Volume growth achieved: 11% (India – 11%; Overseas– 12%) • India & Overseas Revenue: H1-FY19 - 69% : 31% (FY18 - 70% :30%) • India & Overseas EBITDA margins: India 14.15%; Overseas 14.32% • Net Margin (PAT) wa
Slide 8: H1-FY19 Operational Highlights
H1-FY19 Operational Highlights • Capacity utilization: Overall 80% (India – 82%; Overseas – 73%) • Total capex in H1-FY19: INR 1105 Mn Established Products for capacity expansion, re-engineering and automation: INR 829 Mn Value Added Products: INR 276 Mn • CRISIL (an S&P Global company) has improved
Slide 9: Polymer and Composite Products
Polymer and Composite Products Polymer Products* Composite Products** Revenue (INR Mn) & EBITDA Margins (%) Revenue (INR Mn) & EBITDA Margins (%) 12,500 15.50% 5,000 16.00% 15.14% 14.89% 11,500 4,500 15.00% 14.44% 10,500 15.00% 4,000 9,500 14.00% 3,500 8,500 14.12% 14.50% 7,500 3,000 13.00% 6,500 14
Slide 10: Consolidated Quarterly Financial Statement
Consolidated Quarterly Financial Statement Particulars (INR Mn) Q2-FY19 Q2-FY18 Y-o-Y Q1-FY19 Total Income 8,277 7,252 14.13% 7,819 Total Expenses 7,199 6,154 6,611 EBITDA 1,078 1,098 (1.82)% 1,208 EBITDA Margin (%) 13.02% 15.14% (212) Bps 15.45% Finance Cost (Net) 239 208 227 Depreciation 397 324 3
Slide 11: Consolidated Half Yearly Financial Statement
Consolidated Half Yearly Financial Statement Particulars (INR Mn) H1-FY19 H1-FY18 Y-o-Y Total Income 16,096 14,062 14.46% Total Expenses 13,809 11,945 EBITDA 2,287 2,117 8.03% EBITDA Margin (%) 14.21% 15.05% (84) Bps Finance Cost (Net) 466 418 Depreciation 790 653 PBT 1,031 1,046 (1.44)% Tax 262 245
Slide 12: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY16 FY17 FY18 Total Income 24,248 27,568 31,049 Total Expenses 20,748 23,504 26,297 EBITDA 3,500 4,064 4,752 EBITDA Margin (%) 14.43% 14.74% 15.30% Finance Cost(Net) 962 901 875 Depreciation 988 1,155 1,372 PBT 1,550 2,008 2,505 Tax 325
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY17 FY18 H1-FY19 Particulars (INR Mn) FY17 FY18 H1-FY19 Equity & Liabilities ASSETS Shareholder's Funds Share Capital 226 226 226 Non-Current Assets Other Equity 13,039 14,605 15,188 Fixed Assets Total Shareholder's Fund 13,265 14,831 15,414 Tangible
Slide 14: Consolidated Financials
Consolidated Financials Total Income (INR Mn) EBITDA (INR Mn) 23,609 PAT (INR Mn) 27,568 31,049 1,172 1,471 1,804 3,433 4,064 4,752 FY16# FY17 FY18 FY16# FY17 FY18 FY16# FY17 FY18 Total Debt To Equity (X) EPS (INR) ROCE % 13.51% 14.68% 15.71% 5.66 6.90 7.98 0.54 0.52 0.64 FY16 FY17 FY18 FY16 FY17 FY
Slide 15: Capital Market Information
Capital Market Information Shareholding Pattern As On 30th September, 2018 Price Data (30th September, 2018) Public 12% Face Value (INR) 1 Mutual Funds Market Price (INR) 127.8 9% 52 Week H/L (INR) 232.60/115.65 Promoter 51% Market Cap (INR Mn) 28,912.9 Equity Shares Outstanding (Mn) 226.1 FIIs & Fo
Slide 16: Disclaimer
Disclaimer Time Technoplast Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events n
Slide 17: Thank You
TIME THANK YOU