Time Technoplast Limited · NSE:TIMETECHNO
Time Technoplast — Q3 FY2019 Earnings Presentation
17 slides from Time Technoplast's earnings presentation, February 2019
Slide 1: Earnings Presentation – 9M / Q3-FY19
Earnings Presentation – 9M / Q3-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 11 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: Q3-FY19 Key Financial Highlights (Consolidated)
Q3-FY19 Key Financial Highlights (Consolidated) Particulars (INR Mn) Q3-FY19 Q3-FY18 Y-o-Y Growth Total Income 8,729 7,549 15.6% EBITDA 1,261 1,165 8.2% EBITDA Margins 14.45% 15.43% (98) Bps* PAT 542 467 16.1% PAT Margins 6.21% 6.19% 2 Bps Cash Profit 844 815 3.6% Volume Growth 15% *Raw material pri
Slide 6: 9M-FY19 Key Financial Highlights (Consolidated)
9M-FY19 Key Financial Highlights (Consolidated) Particulars (INR Mn) 9M-FY19 9M-FY18 Y-o-Y Growth Total Income 24,825 21,611 14.9% EBITDA 3,547 3,282 8.1% EBITDA Margins 14.29% 15.19% (90) Bps PAT 1,291 1,250 3.3% PAT Margins 5.20% 5.79% (59) Bps Cash Profit 2,404 2,269 5.9% Volume Growth 13% 6
Slide 7: 9M-FY19 Financial Highlights
9M-FY19 Financial Highlights • Revenue growth achieved: 15% (India – 15%; Overseas– 15%) • Volume growth achieved: 13% (India – 12%; Overseas– 15%) • India & Overseas Revenue: 9M-FY19 - 70% : 30% (FY18 - 71% :29%) • India & Overseas EBITDA margins: India 14.31%; Overseas 14.25% • Net Margin (PAT): I
Slide 8: 9M-FY19 Operational Highlights
9M-FY19 Operational Highlights • Capacity utilization: Overall 82% (India – 84%; Overseas – 76%) • Total capex in 9M-FY19: INR 1,716 Mn Established Products for capacity expansion, re-engineering and automation: INR 1,317 Mn Value Added Products: INR 399 Mn Pipes • Healthy Order Book continues in ou
Slide 9: Polymer and Composite Products
Polymer and Composite Products Polymer Products* Composite Products** Revenue (INR Mn) & EBITDA Margins (%) Revenue (INR Mn) & EBITDA Margins (%) 15.28% 14.21% 8,000 14.99% 14.48% 16.00% 18,500 16.00% 16,500 14.00% 7,000 14.00% 14,500 12.00% 6,000 12.00% 12,500 5,000 10.00% 10.00% 10,500 8.00% 4,000
Slide 10: Consolidated Quarterly Financial Statement
Consolidated Quarterly Financial Statement Particulars (INR Mn) Q3-FY19 Q3-FY18 Y-o-Y Q2-FY19 Q-o-Q Total Income 8,729 7,549 15.6% 8,277 5.5% Total Expenses 7,468 6,384 7,199 EBITDA 1,261 1,165 8.2% 1,078 17.0% EBITDA Margin (%) 14.45% 15.43% (98) Bps 13.02% 143 Bps Finance Cost (Net) 246 210 239 De
Slide 11: Consolidated Nine Months Financial Statement
Consolidated Nine Months Financial Statement Particulars (INR Mn) 9M-FY19 9M-FY18 Y-o-Y Total Income 24,825 21,611 14.9% Total Expenses 21,278 18,329 EBITDA 3,547 3,282 8.1% EBITDA Margin (%) 14.29% 15.19% (90) Bps Finance Cost (Net) 712 628 Depreciation 1,077 987 PBT 1,758 1,667 5.5% Tax 431 385 PA
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) PAT (INR Mn) 27,568 31,049 23,609 3,433 4,064 4,752 1,172 1,471 1,804 FY16# FY17 FY18 FY16# FY17 FY18 FY16# FY17 FY18 Total Debt To Equity (X) EPS (INR) ROCE % 15.71% 13.51% 14.68% 5.64 6.90 7.98 0.64 0.54 0.52 FY16 FY17 FY18 FY16 FY17 FY
Slide 15: Capital Market Information
Capital Market Information Shareholding Pattern As On 31st December, 2018 Price Data (31st December, 2018) Public 11% Face Value (INR) 1.0 Mutual Funds Market Price (INR) 100.85 9% 52 Week H/L (INR) 232.6/93.0 Market Cap (INR Mn) 22,806.9 Promoter 51% Equity Shares Outstanding (Mn) 226.1 FII & Forei
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