Fiberweb (india) Limited · NSE:FIBERWEB
Fiberweb (india) — H1 FY18 Earnings Presentation
30 slides from Fiberweb (india)'s earnings presentation, December 2017
Slide 1: Fiberweb (India) Limited
Fiberweb (India) Limited x Manufacturers of : Spunbond Nonwoven Fabrics 20" December, 2017 Dy. General Manager (Corporate Relation Dept.), The Bombay Stock Exchange Ltd., 1* Floor, New Trading Ring, Rotunda Bldg., P.J. Towers, Dalal Street, Fort, MUMBAI - 400 001. Dear Sir, We enclose herewith a Rev
Slide 2: Q2 & H1 FY18 Result Update Presentation
Fiberweb (India) Limited Q2 & H1 FY18 Result Update Presentation December 2017
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Fiberweb (India) Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any
Slide 4: Table of Contents
Table of Contents ➢ Chairman’s Message ➢ Consolidated Quarterly & Half Yearly Financial Highlights ➢ Consolidated Annual Financial Highlights ➢ Company Overview
Slide 5: Chairman's Message
01 Business Overview Chairman’s Message
Slide 6: Chairman's Message – Q2 FY18
Chairman’s Message – Q2 FY18 Commenting on the quarterly results, Mr. Pravin Sheth, Chairman and Managing Director, Fiberweb (India) Limited said : “This second quarter of financial year FY18, we have registered a fantastic revenue growth of over 180% and our overall profit has also shown a tremendo
Slide 7: Consolidated Quarterly & Half Yearly Financial Highlights
02 Consolidated Quarterly & Half Yearly Financial Highlights Quarterly Highlights
Slide 8: Quarterly Financial Highlights – Q2 FY18 Vs. Q2 FY17
Quarterly Financial Highlights – Q2 FY18 Vs. Q2 FY17 182% 152% Revenue EBTIDA Rs. 62.1 cr Rs. 9.1 cr 203% 166% PAT EPS Rs. 8.5 cr Rs. 5.9 vs. Rs. 2.2 7
Slide 9: Quarterly Highlights – Q2 FY18
Quarterly Highlights – Q2 FY18 Revenue (Rs. Crore) 68.6 62.1 53.7 26.6 22.1 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 EBITDA (Rs. Crore) PAT (Rs. Crore) 10 9.0 8.5 9.1 8.1 9 8.4 8.0 7.7 8.2 8 7.0 7 6.0 6 5.0 5.0 5 4.0 3.6 4.0 4 2.8 3.0 3 2 2.0 1 1.0 0 0.0 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q2 FY1
Slide 10: Quarterly Profitability Highlights – Q2 FY18
Quarterly Profitability Highlights – Q2 FY18 Rs. Crore Q2 FY18 Q2 FY17 YoY % Q1 FY18 QoQ % Total Income from Operations 62.1 22.1 181.6% 53.7 15.7% Raw Materials 48.2 14.7 41.6 Employee Cost 1.2 1.0 1.0 Other Cost 3.6 2.7 2.7 Total Expenditure 53.0 18.4 45.3 EBITDA 9.1 3.6 151.6% 8.4 8.3% Interest 0
Slide 11: Half Yearly Financial Highlights – H1 FY18
Half Yearly Financial Highlights – H1 FY18 230% 165% Revenue EBTIDA Rs. 115.8 cr Rs. 17.5 cr 215% 186% PAT EPS Rs. 16.2 cr Rs. 11.7 vs. Rs. 4.1 10
Slide 12: Half Yearly Profitability Highlights – H1 FY18
Half Yearly Profitability Highlights – H1 FY18 Rs. Crore H1 FY18 H1 FY17 YoY % Total Income from Operations 115.8 35.1 230.3% Raw Materials 89.9 20.2 Employee Cost 2.2 2.0 Other Cost 6.2 6.2 Total Expenditure 98.3 28.5 EBITDA 17.5 6.6 165.3% Interest 0.0 0.0 Depreciation 1.5 1.6 Other Income 0.2 0.1
Slide 13: Half Yearly Balance Sheet Highlights – As on 30th Sep'17
Half Yearly Balance Sheet Highlights – As on 30th Sep’17 As on 30th As on 30th Rs. Crore Rs. Crore Sep’17 Sep’17 Shareholder’s Funds 123.5 Non-current assets 76.7 Share Capital 14.4 Fixed assets 37.3 Reserves & Surplus 109.1 Capital work in progress 33.4 Non-current liabilities 0.00 Long-term loans
Slide 14: Consolidated Annual Financial Highlights
03 Consolidated Annual Financial 03 Highlights
Slide 15: Annual Financial Highlights – FY17
Annual Financial Highlights – FY17 111% 155% 265bps Revenue EBTIDA EBITDA Margin Rs. 130.4 cr Rs. 20.0 cr 15.3% 142% 174bps 116% PAT PAT Margin EPS Rs. 17.2 cr 13.2% Rs. 13.7 vs. Rs. 6.3 14
Slide 16: Financial Highlights - FY17
Financial Highlights - FY17 Revenue (Rs. Crore) 130.4 64.6 68.5 61.9 50.8 FY13 FY14 FY15 FY16 FY17 EBITDA (Rs. Crore) / Margin (%) PAT (Rs. Crore) / Margin (%) 25 18% 20.0 13.2% 14% 15.3% 11.5% 16% 12% 20 12.6% 14% 15.0 10% 12% 15 8% 10% 10.0 17.2 6% 8% 10 20.0 3.0% 6% 4% 3.8% 5.0 3.2% 4% -1.2% 7.1
Slide 17: Balance sheet Highlights
Balance sheet Highlights Total Asset Turnover (x) RoCE (%) 18.7% 1.1 1.0 0.9 0.9 0.6 7.9% 3.1% 0.1% -1.0% FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 Networth Turned Positive in FY17 – Rs. 92 Crore RoE Stands at 19% 16
Slide 18: Annual Profitability Highlights
Annual Profitability Highlights Rs. Crore FY17 FY16 YoY % Total Income from Operations 130.4 61.9 110.5% Raw Materials 91.9 34.8 Employee Cost 4.3 4.2 ▪ Better realization on account of Other Cost 14.2 15.2 higher contribution from value Total Expenditure 110.4 54.1 added products EBITDA 20.0 7.8 15
Slide 19: Balance Sheet Highlights – As on 31st March'17
Balance Sheet Highlights – As on 31st March’17 As on 31st As on 31st As on 31st As on 31st Rs. Crore Rs. Crore Mar-17 Mar-16 Mar-17 Mar-16 Shareholder’s Funds 92.1 -44.7 Non-current assets 45.8 42.5 Share capital 13.3 12.6 Fixed assets 38.8 40.9 Reserves & Surplus 78.8 -57.3 Non-current Investments
Slide 20: Company Overview
04 Company Overview
Slide 21: Company Overview
Company Overview Pioneer and amongst leading players in manufacturing of Spun bond non Woven Fabric in India ▪ Commissioned 3,000 MT of Meltblown fabric in Nov’17 100% Export Oriented Unit ▪ Over 70% Revenues from Exports Strong focus on Quality ▪ International accreditations and certifications -ISO
Slide 22: Journey So Far
Journey So Far 2017 Crossed Rs.100 cr. topline Diversified into manufacturing of Meltblown products 2016 80% of Export business from USA, 10% from UK, 8% from Europe 2007 Landmark order of 2,000 Tons from USA 2005 Increase exports to USA 2005 Exports to UK, Europe, New Zealand & Australia 1997 Expor
Slide 23: Professionally Experienced Team
Professionally Experienced Team Mr. Pravin Sheth- Chairman & Managing Director Mr. Bhavesh Sheth – Non Executive Non Independent Director ▪ B. Com, LLB, Chartered Accountant ▪ B. Com, Chartered Accountant and CFA ▪ Over 5 decades of industry experience ▪ Responsible for business development, busines
Slide 24: Wide Product Portfolio...
Wide Product Portfolio... Protective Hospitals & Lining/Backing/Interlining Bed sheets & Industries Garments Upholstery, luggage's & Pillow/Head covers Garments Benefits – Easy to cut, stich, heat seal, print, dye & laminate Crop Cover Soil Cover Wind & Insect Protection Benefits – Increases farm pr
Slide 25: Wide Product Portfolio Contd...
Wide Product Portfolio Contd... Baby Diapers Adult Diapers Feminine Hygiene Products Benefits – Soft, hydrophilic properties, non toxic & non irritating, uniform and strong Used in – Absorbents, Filtration, Spill Kits, Marine Spill response, Wipers and Rags, Strom water management, Speciality Produc
Slide 26: State-of-Art Manufacturing Facilities
State- of- Art Manufacturing Facilities Spunbond Capacity – 7,500 MT Unit 1, Daman (U.T.) – 5,000 MT ▪ Globally leading, renowned and proven spunbond technology from Reifenhauser Gmbh, Germany ▪ High quality products - accepted by large companies as end-users across developed countries Unit 2 , Dama
Slide 27: Wide Global Reach
Wide Global Reach UK USA UAE India Australia South Africa New Zealand .... Over 70% Revenues from Exports 26
Slide 28: Key Strengths
Key Strengths Multiple Sector Applications ▪ Products used across diverse multiple industries for various end uses Zero Debt Company ▪ Debt free Company 01 ▪ Q1FY17 – Out of BIFR and turned Net worth Positive Strong & Robust Order Book 06 ▪ Strong and healthy Order book 02 Presence Across Globe ▪ 10
Slide 29: Way Ahead...
Way Ahead... To cater increasing demand of Non woven fabric across markets (domestic & international), Identified better opportunity i.e. Flatbond, which has a growing market and higher margins Continue using Leased capacity of 2,500 MT to increase capacity of Spunbond by 50%, leads to increase in p
Slide 30: Thank You
Thank You 507910 FWB FIBE.BO For further information, please contact: Company : Investor Relations Advisors : Fiberweb (India) Limited. Bridge Investor Relations Pvt. Ltd. CIN No. L25209DD1985PLC004694 CIN No. U74900MH2016PTC273679 Mr. Pravin Sheth Ms. Savli Mangle Chairman & Managing Director 022 2