rainbow_analyst presentation_q3 fy13

8/12/2019 Rainbow_Analyst Presentation_Q3 FY13

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Rainbow Papers Limited

AnalystPresentation

Q3FY13ResultsUpdate


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Page 3

Consolidated P & L Quarterly Highlights

*Including

MAT

Credit

Entitlement

**TradingRevenueincludestradingofpapers&recycledwastepapers

***Revenueincl.otherincomes

Rs.Crs Q3FY2013 Q3FY2012 YoY Q2FY2013 QoQ

Revenue*** 142.97 108.6 32% 108.4 32%

TradingRevenue** 93.49 52.2 79% 109.0 14%

TotalIncomefromOperations(Net) 236.46 160.8 47% 217.4 9%

RawMaterialConsumption 73.11 52.7 39% 50.3 45%

PurchaseofTradedGoods 88.47 46.2 91% 100.1 12%

EmployeeExpenses 4.46 3.7 20% 4.4 1%

OtherExpenses 38.39 29.9 28% 31.1 23%

EBITDA 32.03 28.3 13% 31.5 2%

EBITDAofMfg.Goods 27.01 22.3 21% 22.6 20%

EBITDAMarginofMfg.Goods 18.89% 20.5% 20.8%

Interest 9.26 8.4 10% 8.46 9%

Depreciation 6.49 6.5 0% 6.5 0%

ExceptionalItem 0.00 0.0 0.0

PBT 16.28 13.4 22% 16.5 1%

Tax* 0.00 0.1 0.0

PAT 16.28 13.3 22% 16.5 1%

PATMargin 6.88% 8.3% 7.6%


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Page 4

Consolidated P & L 9m Highlights

*Including

MAT

Credit

Entitlement

**TradingRevenueincludestradingofpapers&recycledwastepapers

***Revenueincl.otherincomes

Rs.Crs 9mFY2013 9mFY2012 YoY FY2012

Revenue*** 367.72 328.1 12% 442.61

TradingRevenue** 308.7 51.4 501% 160.9

TotalIncomefromOperations(Net) 676.42 379.5 78% 603.51

RawMaterialConsumption 179.62 161.4 11% 205.7

PurchaseofTradedGoods 289.90 48.7 495% 151.9

EmployeeExpenses 12.82 10.7 19% 15.5

OtherExpenses 99.32 84.2 18% 121.0

EBITDA 94.76 74.5 27% 109.41

EBITDAofMfg.Goods 75.46 71.8 5% 100.41

EBITDAMarginofMfg.Goods 20.54% 21.9% 6% 22.6%

Interest 25.33 22.1 15% 29.12

Depreciation 19.35 19.3 0% 25.7

ExceptionalItem 0.08 0.1 267% 0.04

PBT 50.16 33.0 52% 54.56

Tax* 0.00 0.1 8.5

PAT 50.16 32.9 52% 46.05

PATMargin 7.42% 8.7% 14% 7.63%


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Page 5

PM 8 (122,000 MT) Operational

PaperMachine(PM8)rampingup

o Totalproductioncapacityreachedto

305,000MT

o Addedcapacitywillbeusedto

manufacturevalueaddedproductssuch

as

Glazed,

LWC,

Coated,

etc

o Productionstabilizing

35MWCaptivePowerPlant

o 15MW

existing

operational

plant

o 20MWtobecomeoperationalduring

thequarter

o Sufficientforcurrentcapacityand

plannedexpansion(total466,700MTPA)


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Page 6

Capacity expansion of 161,700 MTPA

InstalledCapacityof132,000MTPA

CostoftheProject Rs.480Crores:o DebttiedupofRs.294Croresand,

o Balancewill

be

funded

from

internal

accruals

and

fresh

equity

issuance

CatertoHighMarginPackagingSegment.Usedforpackagingof

Cosmetics,cigarettes,medicines,electricalappliances&products,etc

MillModernization

to

enhance

the

net

Capacity

by

29,700

MTPA

EntryintovalueaddedConsumerProductssegmentbymaking

NotebooksandCopierpapersunderRainbow brand

Annual production capacity for Notebooks and Copier Paper will be

20,000MTand7,500MTrespectively

EstimatedProjectCost Rs.150Crores:o DebttiedupofRs.75Crores

o Balancewillbefundedfrominternalaccrualsandfreshequityissuance

FoldingDuplex

Board(132,000MT)

MillModernization

(29,700MT)

and

Productionof

Notebooks&

CopierPaper

Capacitytoincreasefrom305,000MTPAto466,700MTPA


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Page 7

Promoter Holding

TheBoardofDirectorsintheirBoardMeeting

heldonDecember20,2012haveallotted

90,00,000ConvertibleWarrantstoPromoter

GroupCompany

at

Rs.

81/

per

warrant

(convertibleintoequivalentequitysharesin

oneormoretrencheswithinamaximum

periodof18monthsfromthedateof

allotmentofwarrants)

Postconversionofwarrants,thePromoter

holdingshallbe 43.74%byendofJune2014.

PromoterwillinfusetotalfundsuptoRs.72.9

croresoutofwhich25%ofthe amounti.e.

Rs.18.22

crores

has

been

brought

in

December2012towardsthesubscriptionof

ConvertibleWarrants

IncreaseinPromoterHolding


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For further information, please contact

Please refer Investor Presentation on www.rainbowpapers.com

Company:

RainbowPapersLtd.

Ms.Runel

Rathi,

Company

Secretary

[email protected]

www.rainbowpapers.com

rainbow_analyst presentation_q3 fy13

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