Ion Exchange (India) Ltd. · NSE:IONEXCHANG
Ion Exchange (India) — Q1 FY2019 Earnings Presentation
16 slides from Ion Exchange (India)'s earnings presentation, 2018
Slide 1: Earnings Presentation Q1-FY19
EARNINGS PRESENTATION | Q1-FY19
Slide 2: Executive Summary
Executive Summary BUSINESS & REVENUE (%) MIX - OVERVIEW MARQUEE CLIENTS CONSOLIDATED • Ion Exchange (India) Ltd (Ion • Engineering (58%) – Provides • Industrial – NTPC, NPC, Reliance, Exchange), formed in 1964, is a comprehensive and integrated IOCL, JSW, CPCL, L&T, Essar group, pioneer in water, wa
Slide 3: Company Overview
Company Overview • Ion Exchange was originally formed as a subsidiary of Permutit, UK in 1964. REVENUE BREAK UP FY18* It became a wholly owned Indian company in 1985. The company is currently in its 54th Year of operations. Consumer Products • The company has expanded its footprints globally and pos
Slide 4: Q1-FY19 Standalone Financial Highlights
Q1-FY19 STANDALONE FINANCIAL HIGHLIGHTS Q1-FY19 Performance: • Total Income: INR 2,216 Mn • EBITDA: INR 256 Mn • EBITDA Margins: 11.55% • Net Profit: INR 109 Mn • PAT Margins: 4.92% • Diluted EPS: INR 9.08 per share 4
Slide 5: Q1-FY19 Standalone Operational Highlights
Q1-FY19 STANDALONE OPERATIONAL HIGHLIGHTS ENGINNERING • Encouraging order visibility in the capital goods industry. • Revenue against Sri Lanka order has been recognized based on work progress. CHEMICALS • Margins have remained under pressure due to rising commodity prices. CONSUMER PRODUCTS • Impro
Slide 6: Q1-FY19 Standalone Income Statement (IND AS)
Q1-FY19 – STANDALONE INCOME STATEMENT (IND AS) INCOME STATEMENT (INR MN) Q1-FY19 Q1-FY18 Y-o-Y Q4-FY18 Q-o-Q Total Income* 2,216 2,137 3.7% 3,355 (33.9)% Total Expenses 1,960 1,962 (0.1)% 2,928 (33.1)% EBITDA 256 175 46.3% 427 (40.0)% EBITDA Margins (%) 11.55% 8.19% 336 Bps 12.73% (118) Bps Deprecia
Slide 7: Segmental Breakup-Quarterly Standalone
SEGMENTAL BREAKUP-QUARTERLY STANDALONE ENGINEERING (INR MN) CHEMICALS (INR MN) CONSUMER PRODUCTS (INR MN) R 1100 1,075 950 932 300 E 846 256 991 V 1000 850 250 229 E N 900 750 200 U E 800 650 150 Q1-FY18 Q1-FY19 Q1-FY18 Q1-FY19 Q1-FY18 Q1-FY19 0 100 89 110 Q1-FY18 Q1-FY19 99 80 91 -5 E 90 B 60 -10 4
Slide 8: FY18 Standalone Income Statement (IND AS)
FY18 – STANDALONE INCOME STATEMENT(IND AS) INCOME STATEMENT (INR MN) FY17 FY18 Total Income* 9,811 10,243 Total Expenses 8,862 9,239 EBITDA 949 1,004 EBITDA Margins (%) 9.67% 9.80% Depreciation 108 119 Finance Cost 128 157 PBT 713 728 Tax 243 250 Profit After Tax 470 478 PAT Margins (%) 4.79% 4.67%
Slide 9: Standalone Balance Sheet (As per IndAS)
Standalone Balance Sheet (As per IndAS) PARTICULARS (INR MN) FY17 FY18 PARTICULARS (INR MN) FY17 FY18 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 147 147 (A) Property, Plant and Equipment 887 1,347 (B) Other Equity 2,562 2,987 (B) Capital Work-in-progress 336 66
Slide 10: Financials - Standalone
Financials - Standalone REVENUES* (INR MN) EBITDA (INR MN) PAT (INR MN) GROWTH GROWTH GROWTH 470 478 10,243 1,004 4% 9,811 6% 2% 949 FY17 FY18 FY17 FY18 FY17 FY18 NET DEBT/EQUITY ROE and ROCE WORKING CAPITAL DAYS 24.3% FY17 FY18 70 65 20.3% 65 61 60 17.3% 15.2% (0.3) 55 ROE ROCE (0.4) 50 FY17 FY18 F
Slide 11: FY18 Consolidated Income Statement (IND AS)
FY18 – CONSOLIDATED INCOME STATEMENT(IND AS) INCOME STATEMENT (INR MN) FY17 FY18 Total Income* 10,594 10,760 Total Expenses 9,776 9,779 EBITDA 818 981 EBITDA Margins (%) 7.72% 9.12% Depreciation 118 131 Finance Cost 163 187 PBT 537 663 Share of Profit of equity accounted Investee 1 1 Tax 248 264 Pro
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet (As per IndAS) PARTICULARS (INR MN) FY17 FY18 PARTICULARS (INR MN) FY17 FY18 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 142 142 (A) Property, Plant and Equipment 977 1,436 (B) Other Equity 1,525 1,859 (B) Capital Work-in-progress 336 6
Slide 13: Financials - Consolidated
Financials - Consolidated REVENUES* (INR MN) EBITDA (INR MN) PAT **(INR MN) 10,760 398 10,594 981 GROWTH GROWTH GROWTH 2% 20% 818 38% 288 FY17 FY18 FY17 FY18 FY17 FY18 NET DEBT/ EQUITY ROE and ROCE WORKING CAPITAL DAYS 69 16.8% 19.6% 67 FY17 FY18 26.1% 24.3% (0.4) ROE ROCE (0.6) FY17 FY18 FY17 FY18
Slide 14: Market Data (Bloomberg – ION IN, Reuters – IONX.BO)
Market Data (Bloomberg – ION IN, Reuters – IONX.BO) 1 YEAR SHARE PRICE MOVEMENT (UPTO 30th JUNE, 2018) Ion Exchange (India) Ltd Sensex 30% 20% 10% 0% -10% -20% -30% Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 PRICE DATA (AS ON 30th JUNE, 2018) SHAREHOLDING PAT
Slide 15: Disclaimer
Disclaimer Ion Exchange (India) Limited 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 e
Slide 16: Thank You
@ ION EXCHANGE Refreshing the Planet
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