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Jubilant Industries Ltd.

BSE: 533320 Sector: Agri and agri inputs
NSE: JUBLINDS ISIN Code: INE645L01011
BSE 00:00 | 23 Jul 130.55 -2.60
(-1.95%)
OPEN

133.35

HIGH

134.00

LOW

129.50

NSE 00:00 | 23 Jul 131.40 -0.05
(-0.04%)
OPEN

130.00

HIGH

134.30

LOW

126.05

OPEN 133.35
PREVIOUS CLOSE 133.15
VOLUME 3655
52-Week high 285.00
52-Week low 129.50
P/E
Mkt Cap.(Rs cr) 156
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 133.35
CLOSE 133.15
VOLUME 3655
52-Week high 285.00
52-Week low 129.50
P/E
Mkt Cap.(Rs cr) 156
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Jubilant Industries Ltd. (JUBLINDS) - Chairman Speech

Company chairman speech

Dear Shareholders

I am happy to share my thoughts with you at the end of an interesting year!

Financial Year 2016-17 has been a mixed year. Company's business gets directly impactedby performance of Construction Sector Agriculture and Transport. While there was goodnews on Agriculture front which grew by 4.9% against last year growth of 0.7%Construction grew by 1.7% against last year growth of 5%.

FY 2017 Financial Highlights

Your company has been able to improve its performance in agri-sector due to positiveenvironmental factors.

The Consolidated Revenue from operations of the company dropped by 15% to reach Rs.551 Crore in FY 2017 as compared to Rs. 652 Crore in FY 2016. Earnings before interesttaxes exceptional items depreciation and amortization (EBITDA) stands at Rs. 40 Crore inFY 2017. The drop in revenue is mainly on account of spin-off of Retail business in lastyear.

Agribusiness generated revenue from operations of Rs. 138 Crore with an increase of 1%YoY. Performance Polymer segment witnessed a drop of 1% in revenues from operations to Rs.413 Crore.

After accounting for depreciation and amortization of Rs. 9 Crore the Company's PBITstands at Rs. 31 Crore. After accounting for financial charges of Rs. 30 Crore andexceptional items of Rs. 2 Crore PBT stands at Rs. (1) Crore and Profit/(Loss) after Taxat Rs. (19) Crore.

FY 2018 Outlook

Overall current year should deliver much improved numbers due to strong performance byAgribusiness and growth driven by Consumer Products.

Good monsoon should help the Fertilizer business. Our focus on distribution and newproduct introduction in Consumer Products Division should help us gain market share. Whilevolume pressure in Food Polymers business continues we are focusing on establishing EsterGum as a new product line. VP Latex business is expected to do well with the prediction ofgood growth in Commercial Vehicles sales.

Your company is fully align to GST transition and expect smooth transition to the newIndirect-Tax regime.

I take this opportunity to thank all our employees customers vendors bankers andshareholders for their continued support.

Best Wishes.

Hari S Bhartia

Chairman

Date: 24th May 2017