Jubilant Industries — Q3 FY24 Earnings Presentation
22 slides from Jubilant Industries's earnings presentation, Feb 9, 2024
Slide 1: Exchange intimation letter for investor presentation
February 9, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 533320 Symbol: JUBLINDS Sub: Investor Presentation on the Unaudited Financial Results of the Co
Slide 2: Earnings Presentation Q3/9M-FY24
EARNINGS PRESENTATION Q3/9M-FY24
Slide 3: Snapshot
SNAPSHOT Consumer Products One of the leading consumer brands in Adhesives market and a reputed player in the Wood Finishes market OVERVIEW • Jubilant Bhartia group company • Wide Product Range – B2C & B2B • Experience and capabilities built over 2 decades • Focus to grow Consumer Business Food Poly
Slide 4: Geographical Presence
GEOGRAPHICAL PRESENCE Strong diversified pan India presence along with exports in key markets Sweden Headquarters Russia Noida, UP Belgium Czech Republic France Serbia Turkmenistan Germany C USA Turkey Spain Israel China Korea B D Luxemburg Nepal Mexico EGYPT UAE INDIA Middle East Thailand Vietnam A
Slide 5: Manufacturing Plants
M A N U FA C T U R I N G P L A N T S Gajraula, Uttar Sahibabad, Uttar Samlya, Vadodara, Kapasan, Chittorgarh, Pradesh Pradesh Gujarat Rajasthan SSP, SPVA, Adhesive and Wood Finishes Adhesive Latex SSP TOTAL CAPACITY Polymers: 55,000 MTPA Single Super Phosphate: 400,000 MTPA 44
Slide 6: Performance Polymers & Chemicals
P E R F O R M A N C E P O LY M E R S & C H E M I C A L S Performance polymer & chemicals business vertical product portfolio includes Consumer products, Food Polymers and Latex. REVENUE (INR MN) 9,308 Consumer Products Adhesives 7,176 Wood Finishes 6,816 3,716 3,573 3,711 Latex Food Polymers VP Late
Slide 7: Adhesives
ADHESIVES REVENUE (INR MN) 3,065 2,585 All Heat Resistance Water Proof Purpose Water Proof 1,956 964 951 955 Anti Bubble Super Fast Specialist Vertical Bonding, For PVC, Lamination Benzene Free Acrlyic FY19 FY20 FY21 FY22 FY23 9M-FY24 66
Slide 8: Agri Products
AGRI PRODUCTS Agri business offers a range of REVENUE (INR MN) products in Crop Nutrition, Crop Growth Regulator and Crop Protection. 5,421 4,842 No.1 for Single Products sold Super Phosphate under the (SSP) in Uttar umbrella brand Pradesh. ‘Ramban’. 2,501 2,353 1,873 1,862 FY19 FY20 FY21 FY22 FY23
Slide 9: Q3/9M-FY24 Financial Overview
Q3/9M-FY24 FINANCIAL OVERVIEW 88
Slide 10: Q3/9M-FY24 Financial Highlights
Q3/9M-FY24 FINANCIAL HIGHLIGHTS Consolidated NET SALES EBITDA * PBT ** PAT Q3-FY24 Financial Performance 9M-FY24 Financial Performance Q3 FY24 2925 267 186 (230) GROWTH -16% 32% 64% -444% Consolidated NET SALES EBITDA * PBT ** PAT 9M' FY24 9529 854 606 70 GROWTH -16% 3% 2% -84% *EBITDA is before non
Slide 11: Q3/9M-FY24 Operational Highlights
Q 3 / 9 M - F Y 2 4 O P E R AT I O N A L H I G H L I G H T S Performance polymers and chemical segment Adhesives • Strong double-digit growth in adhesives business • Higher EBITDA due to better product mix and Lower RM • Market share gained Other than Adhesives • Higher EBITDA due to customer/produc
Slide 12: Segment Results
S E G M E N T R E S U LT S Rs. Mn Sr. Q3 9M Ended Particulars No. Dec-22 Dec-23 Growth % Dec-22 Dec-23 Growth % 1 Segment Sales * A) Performance Polymers & Chemicals 2171 2422 12% 7042 7176 2% i) Adhesives 732 841 15% 2263 2585 14% ii) Other Performance Chemicals & Chemicals 1439 1581 10% 4779 4591
Slide 13: Restructuring Plan
Restructuring Plan The Board of Directors of Jubilant Agri and Consumer Products Limited (“Wholly Owned Subsidiary of the Company / JACPL”) at its meeting held today, i.e., February 9, 2024, discussed and in principally approved a restructuring plan under which its Agri Products and Sulphuric Acid B
Slide 14: Quarterly Financial Performance
Q U A R T E R LY F I N A N C I A L P E R F O R M A N C E PARTICULARS (INR MN) Q3-FY24 Q3-FY23 Y-o-Y Q2-FY24 Q-o-Q Revenue from Operations 2,925 3,479 (15.9%) 3,117 (6.2%) Total Expenses 2,658 3,278 (18.9%) 2,886 (7.9%) EBITDA 267 201 32.5% 231 15.6% EBITDA Margins (%) 9.1% 5.8% 333 Bps 7.40% 171 Bps
Slide 15: YTD Financial Performance
YTD FINANCIAL PERFORMANCE PARTICULARS (INR MN) 9M-FY24 9M-FY23 Y-o-Y Revenue from Operations 9,529 11,296 (15.6%) Total Expenses 8,675 10,466 (17.1%) EBITDA 854 830 2.9% EBITDA Margins (%) 9.0% 7.3% 161 Bps Depreciation and amortisation expenses 113 108 4.5% Finance costs 147 142 3.8% Other Income 1
Slide 16: Historical Balance Sheet
H I S TO R I C A L B A L A N C E S H E E T PARTICULARS (INR MN) FY21 FY22 FY23 H1-FY24 PARTICULARS (INR MN) FY21 FY22 FY23 H1-FY24 Equity Non-current Assets Property, plant & Share Capital 150 150 151 151 1,385 1,516 1,685 1,702 equipment Other Equity 700 1,247 1,883 2,183 Other Intangible Assets 19
Slide 17: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW 16 16
Slide 18: Key Performance Indicators
K E Y P E R F O R M A N C E I N D I C ATO R S OPERATIONAL REVENUE (INR MN) EBITDA (INR MN) & EBITDA MARGINS (%) PAT (INR MN) & PAT MARGINS (%) 997 1,029 14,729 854 4.60% 4.22% 9.46% 3.17% 622 8.31% 8.56% 536 11,658 8.96% 6.99% 9,529 514 516 5,434 6,212 172 0.06% -93 6 FY20 FY21 FY22 FY23 9M-FY24 FY2
Slide 19: Historical Income Statement
H I S TO R I C A L I N C O M E S TAT E M E N T PARTICULARS (INR MN) FY20 FY21 FY22 FY23 9M– FY24 Revenue from Operations 5,434 6,212 11,658 14,729 9,529 Total Expenses 4,920 5,696 10,661 13,700 8,675 EBITDA 514 516 997 1,029 854 EBITDA Margins (%) 9.46% 8.31% 8.56% 6.99% 9.0% Depreciation and amorti
Slide 20: Capital Market Information
C A P I TA L M A R K E T I N F O R M AT I O N SHARE PRICE MOVEMENT (Up to 31st December, 2023) 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% -20.00% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 JUBILANT IND SENSEX MARKET DATA (INR) (As on 31ST December, 2023) SHARE
Slide 21: Disclaimer
DISCLAIMER Jubilant Industries Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all event
Slide 22: Thank You
THANK YOU