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GUJARAT FLUOROCHEMICALS LIMITED

QUARTERLY INVESTOR UPDATE


Q2 & H1 FY17

DISCLAIMER

This presentation and the following discussion may contain forward looking statements by Gujarat Fluorochemicals
Limited (GFL or the Company) that are not historical in nature. These forward looking statements, which may
include statements relating to future state of affairs, results of operations, financial condition, business prospects,
plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the
management of GFL about the business, industry and markets in which GFL operates.

These statements are not guarantees of future performance, and are subject to known and unknown risks,
uncertainties, and other factors, some of which are beyond GFLs control and difficult to predict, that could cause
actual results, performance or achievements to differ materially from those in the forward looking statements.
Such statements are not, and should not be construed, as a representation as to future performance or achievements
of GFL. In particular, such statements should not be regarded as a projection of future performance of GFL. It should
be noted that the actual performance or achievements of GFL may vary significantly from such statements.

DISCUSSION SUMMARY

Q2 & H1 FY17 RESULTS HIGHLIGHTS


CONSOLIDATED RESULTS
CHEMICALS BUSINESS

WIND TURBINE MANUFACTURING BUSINESS


WIND FARMING BUSINESS
FILM EXHIBITION BUSINESS
BALANCE SHEET UPDATE
SHAREHOLDING STRUCTURE
FINANCIAL SUMMARY
ANNEXURE

Q2 & H1 FY17 RESULTS HIGHLIGHTS


CONSOLIDATED RESULTS
Q2 FY17 YoY ANALYSIS
REVENUES*

EBITDA ** & EBITDA MARGIN


19.2%

1,770.3

17.5%

6.2%

271.1

110.3

1,545.1
339.9
13 %

Q2 FY16

PAT & PAT MARGIN

20 %

Q2 FY17

Q2 FY16

89.7
19 %

Q2 FY17

EBIDTA

5.8%

EBIDTA %

Q2 FY16

Q2 FY17

PAT

PAT %

H1 FY17 YoY ANALYSIS


REVENUES*

EBITDA ** & EBITDA MARGIN


19.5%

3,159.0

2,665.7

615.3

16 %

H1 FY16

18.8%
501.9

PAT & PAT MARGIN


6.1%
193.0
137.2

18 %

H1 FY17

Note: * Revenue from Operations, ** EBIDTA excluding Other Income

H1 FY16

EBIDTA

5.1%

29 %

H1 FY17

EBIDTA %

H1 FY16

PAT

H1 FY17

PAT %
In Rs. Cr

Q2 & H1 FY17 RESULTS HIGHLIGHTS


CONSOLIDATED REVENUES BREAKUP
In Rs. Cr

CONSOLIDATED REVENUES BUSINESS WISE BREAKUP


1,770.3
307.8

3,159.0
3%

62.1

1,016.3

1,545.1

610.3

297.4
26 %

78.4

21 %

800.2

4%

107.9

2,665.7
634.3

30 %

139.9

26 %

1,235.2

1,660.2

2%

732.9

354.7

360.9

29.4
Q2 FY16

8.2
Q2 FY17

% Share

Q2 FY16

Q2 FY17

Chemicals Business

20.0%

23.4%

Wind Turbine Manufacturing Business

57.4%

Wind Farming Business

4%

761.2

47.7

-104.9

H1 FY16

H1 FY17

% Share

H1 FY16

H1 FY17

Chemicals Business

23.2%

28.6%

51.8%

Wind Turbine Manufacturing Business

52.6%

46.3%

3.5%

5.1%

Wind Farming Business

3.4%

5.2%

Film Exhibition Business

17.4%

19.2%

Film Exhibition Business

19.3%

23.8%

Other Subsidiaries / Intersegment

1.7%

0.5%

Other Subsidiaries / Intersegment

1.5%

-3.9%

Q2 & H1 FY17 RESULTS HIGHLIGHTS


CONSOLIDATED EBITDA BREAKUP
CONSOLIDATED EBITDA BUSINESS WISE BREAKUP
339.9
56.5

615.3
52 %

121.0

271.1
27.2

53.5
31 %
144.5

In Rs. Cr

92.2

69.9

26 %

89.3
33 %
122.5

238.1

30 %

38 %

146.8

101.1
2%

0.1 %

76.1

74.7

9.3

-1.8
Q2 FY17

Q2 FY16

% Share

501.9

Q2 FY16

Q2 FY17

Chemicals Business

22.5%

27.6%

Wind Turbine Manufacturing Business

42.5%

Wind Farming Business

154.4

154.2

9.6

-10.9

H1 FY16

H1 FY17

% Share

H1 FY16

H1 FY17

Chemicals Business

25.1%

30.7%

37.3%

Wind Turbine Manufacturing Business

38.7%

29.2%

15.7%

25.8%

Wind Farming Business

15.0%

24.4%

Film Exhibition Business

16.6%

10.0%

Film Exhibition Business

19.7%

17.8%

Other Subsidiaries / Intersegment

2.7%

-0.7%

Other Subsidiaries / Intersegment

1.6%

-2.2%

Q2 & H1 FY17 RESULTS HIGHLIGHTS


CONSOLIDATED PAT BREAKUP
CONSOLIDATED PAT BUSINESS WISE BREAKUP
110.3

21.3
6.2

193.0
93 %
158 %

93.9
40 %
26.7

In Rs. Cr

32 %

-37.8

Q2 FY16

% Share

46.5
9.7

89.7
15.9

1.6

43 %
137.2
97 %

26.5
19.1

56 %

68.3

26 %

68.5

154.3

56.5

35.3

54.5

-19.6

-72.0

Q2 FY17

H1 FY16

Q2 FY16

Q2 FY17

Chemicals Business

24.3%

39.4%

Wind Turbine Manufacturing Business

85.1%

Wind Farming Business


Film Exhibition Business
Other Subsidiaries / Intersegment /
Minority Interest

% Share

-45.2

H1 FY17
H1 FY16

H1 FY17

Chemicals Business

28.2%

49.9%

63.0%

Wind Turbine Manufacturing Business

79.9%

49.8%

5.6%

17.7%

Wind Farming Business

5.0%

13.9%

19.3%

1.8%

24.1%

19.3%

-34.3%

-21.9%

Film Exhibition Business


Other Subsidiaries / Intersegment /
Minority Interest

-37.3%

-32.9%

Q2 & H1 FY17 RESULTS HIGHLIGHTS


CHEMICALS BUSINESS - STANDALONE RESULTS
Q2 FY17 YoY ANALYSIS
REVENUES*

EBITDA ** & EBITDA MARGIN


21.5%

20.7%

76.1

74.7

360.9

354.7

PAT & PAT MARGIN


9.8%

7.5%

35.3

26.7
2%

Q2 FY16

2%

Q2 FY17

Q2 FY16

32 %

Q2 FY17

EBIDTA

EBIDTA %

Q2 FY16

Q2 FY17

PAT

PAT %

H1 FY17 YoY ANALYSIS


REVENUES*

EBITDA ** & EBITDA MARGIN


761.2

732.9

21.1%

20.3%

154.4

154.2

4%
H1 FY16

PAT & PAT MARGIN

Note: * Revenue from Operations, ** EBIDTA excluding Other Income

H1 FY16

EBIDTA

68.5

54.5

0.1 %
H1 FY17

9.0%

7.4%

26 %
H1 FY17

EBIDTA %

H1 FY16

PAT

H1 FY17

PAT %
In Rs. Cr

Q2 & H1 FY17 RESULTS HIGHLIGHTS


CHEMICALS BUSINESS - STANDALONE RESULTS
In Rs. Cr

H1 FY17 YoY ANALYSIS - REVENUES BREAKUP

Q2 FY17 YoY ANALYSIS - REVENUES BREAKUP

761.2
60.7

360.9

732.9

32.3

60.0

1%

115.8

215.0

17 %

13 %

50.6

160.4

17 %

132.8

75.1

5%

71.3

140.0

5%

133.3

82.1

11 %

91.0

157.6

17 %

183.6

Q2 FY17

H1 FY16

354.7
24.9

114.7
57.9

Q2 FY16

30 %

250.8

H1 FY17
H1 FY16

H1 FY17

Caustic Soda

21.5%

24.1%

19.8%

Chloromethanes

19.1%

17.5%

16.3%

14.0%

Refrigerant Gases

21.9%

17.4%

PTFE

32.3%

32.1%

PTFE

29.3%

33.0%

Other Products

7.0%

8.9%

Other Products

8.2%

8.0%

% Share

Q2 FY16

Q2 FY17

Caustic Soda

23.2%

25.2%

Chloromethanes

21.2%

Refrigerant Gases

% Share

1%

Q2 & H1 FY17 RESULTS HIGHLIGHTS


WIND TURBINE MANUFACTURING BUSINESS (INOX WIND LIMITED)
Q2 FY17 YoY ANALYSIS
REVENUES*

EBITDA ** and EBITDA MARGIN


14.2%

1,016.3

800.2

12.6%

144.5

101.1
21 %

Q2 FY16

PAT and PAT MARGIN


9.2%
93.9

30 %

Q2 FY17

Q2 FY16

40 %

Q2 FY17

EBIDTA

7.0%

EBIDTA %

Q2 FY16

56.5

Q2 FY17

PAT

PAT %

H1 FY17 YoY ANALYSIS


REVENUES*

EBITDA ** and EBITDA MARGIN

1,660.2

14.3%
1,235.2

11.9%

238.1

PAT and PAT MARGIN


9.3%
5.5%
154.3

146.8
38 %

26 %

H1 FY16

H1 FY17

H1 FY16

EBIDTA
Note: * Revenue from Operations, ** EBIDTA excluding Other Income

56 %

H1 FY17

EBIDTA %

H1 FY16

PAT

68.3

H1 FY17

PAT %
In Rs. Cr

10

Q2 & H1 FY17 RESULTS HIGHLIGHTS


WIND FARMING BUSINESS (INOX RENEWABLES LIMITED)
REVENUES*

EBITDA ** and EBITDA MARGIN


78.4

PAT and PAT MARGIN

89.1%

86.1%

62.1

69.9

20.2%

9.9%

15.9

53.5
26 %

Q2 FY16

31 %

Q2 FY17

Q2 FY16

6.2

Q2 FY17

EBIDTA

EBIDTA %

158 %

Q2 FY16

Q2 FY17

PAT

PAT %

H1 FY17 YoY ANALYSIS


REVENUES*

EBITDA ** and EBITDA MARGIN

13.6%

87.6%

85.4%

9.0%

139.9

19.1

122.5

107.9
92.2
30 %

H1 FY16

PAT and PAT MARGIN

9.7

33 %

H1 FY17

H1 FY16

EBIDTA
Note: * Revenue from Operations, ** EBIDTA excluding Other Income

H1 FY17

EBIDTA %

H1 FY16

PAT

97 %

H1 FY17

PAT %
In Rs. Cr

11

Q2 & H1 FY17 RESULTS HIGHLIGHTS


FILM EXHIBITION BUSINESS (INOX LEISURE LIMITED)
Q2 FY17 YoY ANALYSIS
REVENUES*

EBITDA ** and EBITDA MARGIN

6.9%

18.4%
307.8

297.4

9.1%

56.5
3%

PAT and PAT MARGIN

52 %

27.2

0.5%
21.3
93 %
1.6

Q2 FY16

Q2 FY17

Q2 FY16

Q2 FY17

EBIDTA

EBIDTA %

Q2 FY16

Q2 FY17

PAT

PAT %

H1 FY17 YoY ANALYSIS


REVENUES*

EBITDA ** and EBITDA MARGIN


634.3

610.3

PAT and PAT MARGIN


7.6%

19.8%

4.2%

14.1%
46.5

121.0
89.3
4%

H1 FY16

26 %

H1 FY17

H1 FY16

EBIDTA
Note: * Revenue from Operations, ** EBIDTA excluding Other Income

43 %

H1 FY17

EBIDTA %

H1 FY16

PAT

26.5

H1 FY17

PAT %
In Rs. Cr

12

BALANCE SHEET UPDATE

Consolidated

SEP-16

Net Non Current Assets


Chemicals Business

Consolidated

SEP-16

Total Debt
2,643.9

624.5

Wind Turbine Manufacturing Business

1,718.1

Wind Farming Business

1,692.6

Wind Farming Business

1,174.3

Film Exhibition Business

872.0

Film Exhibition Business

229.4

Others / Eliminations

150.5

Eliminations

Wind Turbine Manufacturing Business

297.6

Chemicals Business

-432.6

Net Non Current Assets

5,656.7

Total Debt

Consolidated

SEP-16

2,982.1
1,972.2
540.4
549.9
-1,414.3
1,000.3
5,630.6
SEP-16

Eliminations

-331.4

Net Current Assets

3,287.7

Consolidated
Total Equity
Chemicals Business
Wind Turbine Manufacturing Business
Wind Farming Business
Film Exhibition Business
Eliminations
Minority Interest
Total Equity

SEP-16

Key Balance Sheet Ratios Consolidated

Net Current Assets


Chemicals Business
Wind Turbine Manufacturing Business

962.6
2,727.1

Wind Farming Business

22.1

Film Exhibition Business

-92.7

Key Balance Sheet Ratios Standalone


Net Debt : Equity

0.2

Net Debt : Equity

3,313.7
SEP-16

0.5
In Rs. Cr

13

SHAREHOLDING STRUCTURE
Share Price Performance

Market Data

800

As on 11.11.16 (BSE)

Market capitalization (Rs Cr)

5,745.2

600
400
200
May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Price (Rs.)

523.0

No. of shares outstanding (Cr)

10.99

Face Value (Rs.)


52 week High-Low (Rs.)

% Shareholding September 2016


Public /
Others, 23.57
FII, 3.70
DII, 4.40

Source: Company

Promoter &
Promoter
Group, 68.33

Key Institutional Investors September 2016

1.0
666.7 401.1
% Holding

Reliance Capital

1.82%

Reliance Life Insurance

1.32%

UTI MF

1.19%

Fidelity Investments

1.13%

Birla Sunlife MF

1.12%

Source: Company

14

FINANCIAL SUMMARY LAST 5 YEARS


STANDALONE FINANCIALS CHEMICALS BUSINESS
Figures are as per IGAAP

REVENUES *
1,193

1,154

1,141

EBITDA & EBITDA MARGIN

1,321

1,338

26.2%

17.4%

17.0%

200

194

312

FY12

FY13

FY14

FY15

FY16

FY12

* Revenues excludes significant CER Income


during FY12 and FY13.

55%
6%
17%
16%
FY12
Caustic Soda
PTFE

6%

8%

34%

39%

38%

32%

10%
16%

11%
19%

15%

19%

21%

19%

2,142

25%

25%

19%

22%

FY13

FY14

FY15

FY16

14%

7%

Chloromethanes
Others

FY14

21.4%

22.1%

282

295

FY15
FY16
EBITDA Margin %

2.0%

Refrigerants

0.3

0.3

0.3

0.1

5.2%

0.7%

6.0%

7.8%

80

104

236

FY12

LEVERAGE ANALYSIS

REVENUES BREAKUP
5%

FY13
EBITDA

PAT & PAT MARGIN

60

74

FY13
PAT

FY14

FY15
FY16
PAT Margin %

RETURN METRICS
0.2

11.0%
8.8%
4.7%

2,495

2,525

2,856

2,913

640

847

696

371

456

FY12

FY13

FY14

FY15

FY16

Net Debt

Equity

Net Debt to Equity

3.3% 2.4%2.8% 2.9%

FY12

FY13
ROCE %

FY14

4.3%
3.6%
3.0%

FY15

FY16

ROE %

ROE: PAT/Avg. Equity, ROCE: EBIT/Avg. Capital Employed [(Capital Employed = Equity + Total Debt)

Note: FY15 standalone PAT is adjusted to exclude Rs 302.7 cr gain from the Offer for Sale (sale of 1 cr Inox Wind Limited shares) by GFL as a part of Inox Wind Limited IPO.

In Rs. Cr

15

FINANCIAL SUMMARY LAST 5 YEARS


CONSOLIDATED FINANCIALS
Figures are as per IGAAP

In Rs. Cr

REVENUES

EBITDA & EBITDA MARGIN

CAGR: 26.2%

43.4%

7,199

27.6%
32.1%

17.3%

19.4%

2,830

FY12

3,166

3,452

5.4%

780

1,303

1,035

1,017

17.2%

18.1%

5,341
1,228

PAT & PAT MARGIN

FY14

FY15

FY16

FY12

FY13
EBITDA

FY14

186

0.7

0.5

0.3

3,159

3,297

4,235

2,075

2,250

1,448

FY13
Net Debt

FY14
Equity

2,718
1,251
FY12

0.7

FY12

FY15
FY16
EBITDA Margin %

LEVERAGE ANALYSIS

5.5%

317

394

FY15

FY16

543

598

FY13

5.9%

FY13
PAT

FY14

PAT Margin %

RETURN METRICS
0.5

33.7%
31.1%
18.5%
17.7%

4,496

12.1%

7.3% 5.8%

8.4% 13.6%9.0%

2,442

FY15
FY16
Net Debt to Equity

FY12

FY13
FY14
ROCE %

Note: FY15 consolidated PAT is adjusted to exclude Rs 268.6 cr gain from the Offer for Sale (sale of 1 cr Inox Wind Limited shares) by
GFL as a part of Inox Wind Limited IPO.

FY15
FY16
ROE %
ROE: PAT/Avg. Equity, ROCE: EBIT/Avg. Capital Employed [(Capital
Employed = Equity + Total Debt)

16

ANNEXURE

17

DETAILED FINANCIALS
STANDALONE P&L STATEMENT
Particulars (Rs Cr)
Total Income from Operations
Cost of Material Consumed
Purchases of stock-in-trade
Excise Duty

Changes in inventories of finished goods, work-in-progress


and stock-in-trade
Employee benefit expense
Power and fuel
Foreign Exchange Fluctuation (Gain)/Loss (net)
Other Expenses
EBITDA
EBITDA Margin %
Depreciation and amortization expense
Other Income
Finance Cost
Exceptional items
PBT
Tax Expense
PAT
PAT Margin %
Earnings Per Share (EPS)

Q2 FY17

Q2 FY16

YoY %

Q1 FY17

QoQ %

H1 FY17

H1 FY16

YoY %

360.9

354.7

1.8%

400.3

-9.8%

761.2

732.9

3.9%

93.2

97.5

-4.4%

93.9

-0.7%

187.1

185.1

1.1%

4.5

0.4

2.6

7.1

1.1

25.4

27.8

-8.6%

27.3

-6.9%

52.6

53.3

-48.8%

-15.8

-10.8

9.5

-6.3

18.3

31.9

25.2

26.2%

30.2

5.5%

62.1

51.9

19.5%

77.7

78.1

-0.5%

88.0

-11.7%

165.7

154.9

6.9%

1.2

-2.3

-1.4

-0.2

-5.3

68.2

62.6

9.0%

70.8

-3.6%

139.0

119.3

16.5%

74.7

76.1

-1.9%

79.5

-6.0%

154.2

154.4

-0.2%

20.7%

21.5%

-77bps

19.9%

84bps

20.3%

21.1%

-82bps

37.4

36.3

3.1%

36.8

1.4%

74.2

70.6

5.1%

15.2

11.7

30.3%

13.8

10.7%

29.0

21.7

33.8%

7.1

11.0

-35.1%

8.1

-11.8%

15.2

23.8

-36.1%

5.3

0.0

0.0

5.3

0.0

50.7

40.6

25.0%

48.3

4.9%

99.0

81.7

21.2%

15.4

13.9

10.9%

15.2

1.5%

30.6

27.2

12.5%

35.3

26.7

32.3%

33.2

6.5%

68.5

54.5

25.6%

9.8%

7.5%

226bps

8.3%

150bps

9.0%

7.4%

156bps

3.17

2.38

33.2%

3.05

3.9%

6.22

5.10

22.0%

18

DETAILED FINANCIALS
STANDALONE BALANCE SHEET
Particulars (Rs Cr)

SEP-16
11.0

Other Equity

2,971.1

Total of Shareholder Funds

2,982.1

Non-current Liabilities:
Borrowings
Other Non-current Financial Liabilities

SEP-16

Non-current Assets:

Share Holders Funds:


Equity Share Capital

Particulars (Rs Cr)

197.6
4.7

Property, Plant & Equipment

1,865.0

Capital Work-in-progress

86.4

Investment Property

10.9

Other Intangible Assets

46.0

Investments

517.2

Loans

162.5

Others Non-Current Financial Assets

13.0

14.0

Other Non-current Assets

151.4

Deferred Tax Liabilities (Net)

189.8

Total Non-current Assets

2,852.4

Total of Non-current Liabilities

406.0

Current Assets:

Provisions

Current Liabilities:
Borrowings
Trade payables
Other Current Financial Liabilities
Other Current Liabilities
Provisions
Total of Current Liabilities
Total Equity & Liabilities

376.7
73.5
137.0
20.3

Inventories

324.3

Investments

158.0

Trade receivables

354.8

Cash and Bank Balances


Loans

12.9
220.5

Other Current Financial Assets

32.9

8.1

Other Current Assets

47.9

615.6

Total Current Assets

1,151.3

Total Assets

4,003.7

4,003.7

19

DETAILED FINANCIALS
CONSOLIDATED P&L STATEMENT
Particulars (Rs Cr)
Total Income from Operations
Cost of Material Consumed
Purchases of stock-in-trade
Excise Duty
Changes in inventories of FGs, WIP, and stock-in-trade
Employee benefit expense
Power and fuel
Erection, Procurement & Commissioning Cost
Film Exhibition Cost
Foreign Exchange Fluctuation (Gain)/Loss (net)
Other Expenses
Expenditure Capitalised
EBITDA
EBITDA Margin %
Depreciation and amortization expense
Other Income
Finance Cost
Exceptional items
PBT
Tax Expense
PAT
Share of profit of associate
Share of Minority in (profit)/loss
PAT after minority interest and share of profit of associate
PAT Margin %
Earnings Per Share (EPS)

Q2 FY17
1,545.1
579.4
6.5
25.4
-4.4
87.8
100.6
98.2
86.7
-1.6
295.3
0.0
271.1
17.5%
88.3
18.6
60.4
7.0
148.1
37.2
110.9
0.1
-21.2
89.7
5.8%
8.28

Q2 FY16
1,770.3
824.4
0.4
27.8
-15.4
65.7
101.9
80.6
86.6
4.7
253.8
0.0
339.9
19.2%
81.1
27.0
57.3
0.0
228.6
72.3
156.3
-1.1
-44.8
110.3
6.2%
9.78

YoY %
-12.7%
-29.7%
-8.6%
33.7%
-1.3%
21.9%
0.1%
16.3%
-20.2%
-165bps
8.9%
-31.2%
5.4%
-35.2%
-48.5%
-29.1%
52.6%
-18.7%
-43bps
-15.3%

Q1 FY17
1,120.6
409.9
2.6
27.3
-30.8
83.3
114.2
38.5
95.4
-3.5
247.8
-94.7
230.8
20.6%
86.1
26.6
68.3
0.0
103.1
37.0
66.0
-1.9
-16.6
47.5
4.2%
4.30

QoQ %
37.9%
41.3%
-6.9%
5.5%
-11.8%
154.9%
-9.1%
19.2%
17.5%
-305bps
2.6%
-30.1%
-11.6%
43.7%
0.5%
67.9%
-28.0%
88.7%
156bps
92.6%

H1 FY17
2,665.7
989.3
9.1
52.6
-35.2
171.1
214.8
136.8
182.1
-5.1
543.1
-94.7
501.9
18.8%
174.4
45.2
128.7
7.0
251.1
74.3
176.9
-1.8
-37.8
137.2
5.1%
12.57

H1 FY16
3,159.0
1,336.7
1.1
53.3
16.4
131.6
201.2
157.0
171.8
11.1
463.7
0.0
615.3
19.5%
157.5
53.2
109.7
0.0
401.3
126.1
275.3
-2.6
-79.6
193.0
6.1%
17.61

YoY %
-15.6%
-26.0%
-48.8%
30.0%
6.8%
-12.9%
6.0%
17.1%
-18.4%
-65bps
10.7%
-14.9%
17.3%
-37.4%
-41.1%
-35.7%
52.5%
-28.9%
-96bps
-28.6%

20

DETAILED FINANCIALS
CONSOLIDATED BALANCE SHEET
Particulars (Rs Cr)
Share Holders Funds:
Equity Share Capital
Other Equity
Total of Shareholder Funds
Non-Controlling Interest
Non-current Liabilities:
Borrowings
Other Financial Liabilities
Provisions
Deferred Tax Liabilities (Net)
Other Non-current Liabilities
Total of Non-current Liabilities
Current Liabilities:
Borrowings
Trade payables
Other Financial Liabilities
Other Current Liabilities
Provisions
Current Tax Liabilities (Net)
Total of Current Liabilities
Total Equity & Liabilities

SEP-16
11.0
4,619.4
4,630.3
1,000.3
994.3
9.6
30.8
174.6
168.9
1,378.1
2,130.7
1,034.6
453.1
225.5
25.1
47.1
3,916.0
10,924.8

Particulars (Rs Cr)


Non-current Assets:
Property, Plant & Equipment
Capital Work-in-progress
Investment Property
Goodwill on Consolidation
Other Intangible Assets
Investments
Loans
Others Financial Assets
Deferred Tax Assets (Net)
Other Non-current Assets
Total Non-current Assets
Current Assets:
Inventories
Investments
Trade receivables
Cash and Bank Balances
Loans
Other Financial Assets
Other Current Assets
Total Current Assets
Total Assets

SEP-16
4,449.8
432.7
10.2
16.2
98.6
294.6
0.0
215.9
74.3
448.2
6,040.5
1,060.1
245.4
2,816.5
469.9
31.2
169.1
92.2
4,884.3
10,924.8

21

GROUP OVERVIEW
STRONG PEDIGREE

90 year track record of ethical business growth.


USD $3Bn Inox Group is diversified across industrial gases, engineering plastics, refrigerants, chemicals, cryogenic engineering, renewable energy and entertainment.
More than 9,000 employees at more than 150 business units across India.
Distribution network spread across more than 50 countries around the world.

Listed Companies

Gujarat Fluorochemicals
Limited
Largest producer of
chloromethanes, refrigerants
and Polytetrafluoroethylene
in India
Pioneer of carbon credits in
India

Inox Wind Limited

Other Key Companies

Inox Leisure
Limited

Inox Air Products Private


Limited

Inox India Private


Limited

Inox Renewables
Limited

Largest producer of
cryogenic liquid storage and
transport tanks in India

Engaged in the business of


setting up and operating of
wind farms

Offers comprehensive
solutions in cryogenic
storage, vaporization and
distribution engineering

Existing operating capacity of


~ 260 MW in states of
Rajasthan, Maharashtra,
Tamil Nadu and Madhya
Pradesh

Fully integrated player in the


wind energy market

One of the largest multiplex


chain in India

50:50 joint venture with Air


Products Inc., USA

State-of-the-art manufacturing
plants near Ahmedabad
(Gujarat) and at Una (Himachal
Pradesh) and new facility in
Madhya Pradesh. Madhya
Pradesh facility one of the
largest in Asia

In the business of setting up,


operating and managing a
national chain of multiplexes
under the brand name INOX

Largest producer of
industrial gases in India

Ability to provide end-to-end


turnkey solutions for wind
farms

Present in 57 cities with 112


multiplexes and 440 screens

40 plants spread throughout


the country

Has operations in India, USA,


Canada, Netherlands and
Brazil

STRONG SPONSORSHIP OF INOX GROUP - RECOGNIZED AND TRUSTED CORPORATE GROUP

22

FOR FURTHER QUERIES:

THANK YOU
Deepak Asher
Director and Group Head (Corporate Finance)
Email : deepakasher@gfl.co.in

Nilesh Dalvi
Dickenson Seagull IR
Contact No : +91 9819289131
Email : nilesh.dalvi@dickensonir.com

Mr. Dheeraj Sood


Head IR- Inox Group
Contact No: 0120 6149881
Email : dheeraj.sood@inoxwind.com
23

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