Apcotex Industries Ltd · NSE:APCOTEXIND
Apcotex Industries — H1 FY19 Earnings Presentation
12 slides from Apcotex Industries's earnings presentation, Nov 2, 2018
Slide 1: Cover letter to stock exchanges
2nd November 2018 To, To, The Manager - Listing Department, Manager-Department of Corporate Services The National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th floor, Jeejeebhoy Towers, Plot no. C/1, “G” Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai-400051 Sy
Slide 2: Earnings Presentation H1/Q2-FY19
EARNINGS PRESENTATION H1/ Q2-FY19
Slide 3: Executive Summary
Executive Summary OVERVIEW ▶ Apcotex Industries Ltd (Apcotex) is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India. ▶ The company has one of the br
Slide 4: Company Overview
Company Overview Revenue (INR Mn) and Operating EBITDA Margin (%) ▶ The company’s Taloja plant was established in 1980 as a division of Asian 11.7% 13.3% 6,000 12.2% 14% Paints (India) Ltd. In 1991, the division was spun off as a separate company, 11.9% 5,000 12% which was headed by Mr. Atul Choksey
Slide 5: H1/Q2-FY19 Financial & Operational Highlights
H1/ Q2-FY19 Financial & Operational Highlights Q2-FY19 Financial Highlights*: H1-FY19 Financial Highlights: • Total Revenue: INR 1,601 Mn • Total Revenue: INR 3,098 Mn • Operating EBITDA: INR 197 Mn • Operating EBITDA: INR 368 Mn • Operating EBITDA Margin: 12.30 % • Operating EBITDA Margin: 11.88% •
Slide 6: Q2-FY19 Income Statement (As per IndAS)
Q2-FY19 Income Statement (As per IndAS) Particulars (INR Mn) Q2-FY19 Q2-FY18 Y-o-Y Q1-FY19 Q-o-Q Revenue 1,601 1,290 24.1% 1,497 6.9% Total Expenses 1,404 1,140 23.2% 1,326 5.9% Operating EBITDA 197 150 31.3% 171 15.2% Operating EBITDA Margin 12.30% 11.63% 67 Bps 11.42% 88 Bps Depreciation 30 31 (3.
Slide 7: H1-FY19 Income Statement (As per IndAS)
H1-FY19 Income Statement (As per IndAS) Particulars (INR Mn) H1-FY19 H1-FY18* Y-o-Y Revenue 3,098 2,611 18.7% Total Expenses 2,730 2,376 14.9% Operating EBITDA 368 235 56.6% Operating EBITDA Margin 11.88% 9.00% 288 Bps Depreciation 58 62 (6.5)% Finance Cost 9 10 (10.0)% Other Income 22 42 (47.6)% PB
Slide 8: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY15 FY16* FY17^ FY18^ Revenue 3,551 2,964 3,880 5,262 Total Expenses 3,136 2,570 3,589 4,621 Operating EBITDA 415 394 291 641 Operating EBITDA Margin 11.69% 13.29% 7.50% 12.18% Depreciation 90 94 121 121 Finance Cost 32 24 29 16 Other Income 56 83 10
Slide 9: Balance Sheet
Balance Sheet Particulars (INR Mn) Mar 17 Mar 18 H1-FY19 Particulars (INR Mn) Mar 17 Mar 18 H1-FY19 Shareholders Fund 2,229 2,464 2,526 Total Non Current Assets 1,576 1,586 1,517 Fixed Assets 878 782 782 Equity Share Capital 104 104 104 Capital Work in progress 60 91 123 Other Equity 2,125 2,360 2,4
Slide 10: Historical Performance Indicators
Historical Performance Indicators Revenue (In Mn) Operating EBITDA and EBITDA Margin PAT and PAT Margin 6000 5,262 13.3% 700 11.7% 12.2% 14.0% 13.0% 5000 600 450 12.0% 14.0% 400 7.6% 3,880 12.0% 4000 3,551 500 8.4% 10.0% 350 2,980 2,964 7.5% 10.0% 400 8.0%300 7.0% 3000 250 8.0% 300 6.0% 5.4% 200 4.4
Slide 11: Disclaimer
Disclaimer Apcotex Industries Ltd Disclaimer: This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apcotex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation t
Slide 12: Thank You
Thank You