Ester Industries Limited · NSE:ESTER
Ester Industries — Q4 FY2016 Earnings Presentation
26 slides from Ester Industries's earnings presentation, May 2016
Slide 1: Q4 & FY16 Results Presentation
Q4 & FY16 Results Presentation May - 2016
Slide 2: Disclaimer
Disclaimer Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could cause actual resu
Slide 3: Index
Index Q4 FY16 Performance 04 Business Overview 16 Strategic Shift – The New Ester 21 Business Outlook 24 About Us 26 3
Slide 4: Q4 & FY16 Performance
Q4 & FY16 Performance EST INDUSTRIES LTD.
Slide 5: Key Developments – Q4 & FY16
Key Developments – Q4 & FY16 Meaningful progress towards transforming the business from “Commodity” to “Innovative” Specialty Polymer Business gaining traction o Filed (incremental) patent during the year for sulfonated polyester master batch, taking total patent applications to 8 o Felicitated
Slide 6: Financial - Q4 FY16 Performance
Financial - Q4 FY16 Performance Q4 Q3 Q-o-Q Q4 Y-o-Y Y-o-Y Particular (Rs cr) FY16 FY15 FY16 FY16 (%) FY15 (%) (%) Soft performance of film business resulted in lower revenue generation. Ester Total Income 183.48 174.15 5.4 208.53 (12) 770.82 896.27 (14) working towards improving overall product mix
Slide 7: Chairman’s Comments
Chairman’s Comments Commenting on the results, Mr. Arvind Singhania, Chairman, Ester Industries said ” FY 16 has been a fairly productive year for us, a year wherein we moved a step closer to our eventual target of transforming the company into innovation and technology driven. Our progress towards
Slide 8: Business Wise - Revenue Contribution
Business Wise - Revenue Contribution Q4 FY16 Q4 FY15 10% 2% 22% 23% 67% 76% FY16 FY15 8% 2% 19% 20% 72% 79% 8 PF – Polyester Films; EP – Engineering Plastics; SP – Specialty Polymers
Slide 9: Business Performance (Rs. cr)
Business Performance…….. (Rs. cr) Specialty Polymers Polyester Films & Chips Engineering Plastics 703 173 67 155 549 19 20 12 45 158 41 5 4 123 70 62 12 11 22 13 5 5 -3 -4 Q4 FY15 Q4 FY16 FY15 FY16 Q4 FY15 Q4 FY16 FY15 FY16 Q4 FY15 Q4 FY16 FY15 FY16 9 PF – Polyester Films; EP – Engineering Plastics;
Slide 10: Specialty Polymers
Specialty Polymers Leveraging strong R & D base to continuously Particulars Q4 Q4 % FY16 FY15 % (Rs cr) FY16 FY15 create innovative products to address customized needs Revenues 19.3 4.64 316.19 66.82 19.65 240.04 Product portfolio - 18 products of which patents EBIT 3.5 (2.5) - 11.96 (3.92) - h
Slide 11: Specialty Polymers – Products & Applications
Specialty Polymers – Products & Applications Polyethylene Terephthalate (PET) Products Polybutylene Terephthalate (PBT) Polyethylene Naphthalate (PEN) Master Batches Rigid Packaging – Hot-fill / Beer Kegs Textile – Flame Retardant Applications Carpets – Stain Resistant Master Batches Heat Sealable E
Slide 12: Awards
Awards • Felicitated at the 6th National Awards for Technology Innovation 2015-16 in Petrochemicals under the category of “Innovation in Polymeric Materials” • Joint Winner in the category of Innovation in Polymeric Materials for “Modified Polyester for Hotfill Application by Injection Stretch Blow
Slide 13: Polyester Films
Polyester Films A leading and well known player in the Polyester Film Particulars Q4 Q4 % FY16 FY15 % (Rs cr) FY16 FY15 industry Manufactures and markets polyester films under the brand Revenues 122.79 158.42 (22.49) 548.86 703.31 (21.96) “UmaPET” EBIT 13.06 22.20 (41.17) 62.02 70.29 (11.76) M
Slide 14: Polyester Films – Products & Applications
Polyester Films – Products & Applications White Opaque High Clear Products High Barrier Embossable Heat Saleable Twist Wrap Shrink film Anti - Static Metalized High Barrier Matte Flexible Packaging Applications Barrier Packaging Embossing Lidding Label & Graphics 14
Slide 15: Engineering Plastics – Products & Applications
Engineering Plastics – Products & Applications A well regarded manufacturer of Engineering plastics Particulars Q4 Q4 % FY16 FY15 % (Rs cr) FY16 FY15 Manufactures and markets engineering plastics under the brand name “Estoplast” Revenues 41.40 45.47 (8.96) 155.15 173.31 (10.48) Manufacturing c
Slide 16: Business Overview
ESTER INDUSTRIES LTD. Business Overview
Slide 17: Quick Facts
Quick Facts Founded Corporate Headquarters Businesses & Annual Capacities 1985 GURGAON, Polyester Chips – 70 KT INDIA Specialty Polymers – 30 KT Polyester Film – 57 KT Global Presence People Metallized Film – 13.2 KT EXPORTS TO 50+ 560+ Engineering Plastics – 16.5 KT COUNTRIES 17
Slide 18: Our Presence
Our Presence Haryana Uttarakhand Gurgaon Corporate Headquarter Khatima Manufacturing facility 18
Slide 19: Global Presence
Global Presence USA Ukraine Iran Thailand Canada Italy Turkey Nepal Brazil Germany Israel Srilanka Peru Spain South Africa Bangladesh Argentina United Kingdom Tunisia China Colombia Austria Kenya Malaysia Chile Poland Morocco Vietnam Ecuador Bulgaria Nigeria Taiwan Uruguay Oman Egypt Korea Venezuela
Slide 20: Financials (Rs. cr)
Financials…….. (Rs. cr) Revenue EBITDA 928.0 886.0 896.3 79.3 74.1 75.2 47.2 770.8 FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 PAT EPS 8.4 4.6 1.3 3.9 0.6 0.6 (5.3) (0.8) FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 20
Slide 21: Strategic shift – The new Ester
Strategic shift – The new Ester
Slide 22: Business Transformation – “Commodity” to “Technology”
Business Transformation – “Commodity” to “Technology” New Product Value Addition Technology Innovation Customisation Development Past Present Future One amongst many in the Transforming from a Aiming to be a Technology Polyester Film and “commodity” to “technology” driven enterprise Engineerin
Slide 23: Driving Profitable Growth
Driving Profitable Growth Focus on building technological capabilities; emphasis on R&D and innovative product development Patent already filed for 8 products; many more in the pipeline Specialty Polymers Significant opportunities with large global entities, especially in USA & EU across var
Slide 24: Business Outlook
ESTER INDUSTRIES LTD. Business Outlook
Slide 25: Business Outlook
Business Outlook Specialty Polymers • Business prospects looks bright on the back of strong product portfolio, exciting product pipeline and high entry barriers • Expect business to deliver strong revenue and profitability growth in the long term Polyester Films • Greater awareness of environmental
Slide 26: Investor Contacts
Investor Contacts About Us: (CIN :- L24111UR1985PLC015063) Incorporated in 1985, Ester Industries Limited (EIL) is an ISO 9001:2008,ISO 22000:2005,TS16949:2002 certified Company engaged in the manufacture of polyester films, specialty polymers, engineering plastics and polyester chips with manufactu