Navin Fluorine International Limited · NSE:NAVINFLUOR
Navin Fluorine International — Investor Presentation (July 2023)
28 slides from Navin Fluorine International's investor presentation, Aug 4, 2023
Slide 1: Intimation of Schedule of Analyst / Institutional Investor Meets
August 04, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai 400001 Mumbai 400051 Scrip Code: 532504 Symbol: NAVINFLUOR EQ Dear Sir/Madam, Subject: Intimation of Schedule of Analyst / I
Slide 2: Investor Presentation - July 2023
Investor Presentation - July 2023
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Navin Fluorine International Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Q1 FY24 Operational Performance
Q1 FY24 Operational Performance
Slide 5: Q1FY24 Performance at a glance
Q1FY24 Performance at a glance Sales Operating EBITDA Q1FY24 Operating EBITDA Margin Rs. 491 Crs Rs. 114 Crs 23.3% +23.6% +15.2% (168)bps Revenue Growth (Y-o-Y) Speciality HPP CDMO + 30.5% + 11.3% + 33.0% • Consolidated Financials
Slide 6: Q1FY24 – Segment-wise revenue breakup
Q1FY24 – Segment-wise revenue breakup Q1FY24 Highlights Specialty HPP CDMO ▪ Highest ever quarterly sales in (Rs. Crs) the Specialty segment +30.5% +11.3% +33.0% ▪ Strong year-on-year revenue 230 169 93 growth in CDMO for the third 152 Y-o-Y Performance consecutive quarter 176 70 ▪ HPP revenue impac
Slide 7: Q1FY24 – Operating Performance Highlights
Q1FY24 – Operating Performance Highlights Q1FY24 Highlights Operating EBITDA Operating PBT ▪ Operating EBITDA increased by 15% on account of NFASL Margin 24.9% 23.3% Margin 21.8% 14.9% 114 86 ▪ Higher Depreciation Charge and Interest on account of new 99 73 capacities and associated financing ▪ Oper
Slide 8: Business Vertical - Specialty Chemicals
Business Vertical - Specialty Chemicals Revenues Q1FY24 Highlights +30.5% 230 Highest ever quarterly sales in the Specialty segment in 176 Q1FY24 Strong order flow continues to strengthen long-term growth visibility Q1FY23 Q1FY24 New capability capex in Surat of Rs. 30 crs approved by the Board 35%
Slide 9: Business Vertical - HPP
Business Vertical - HPP Revenues Q1FY24 Highlights +11.3% The growth was impacted due to shutdowns during 169 152 the quarter Weak summer impacted refrigerant gas sales R32 Plant stabilization in progress and sales to start Q1FY23 Q1FY24 in Q2FY24 Q1FY24 49% 51% India International * Consolidated Fi
Slide 10: Business Vertical - CDMO
Business Vertical - CDMO Revenues Q1FY24 Highlights +33.0% Supply agreement signed with Fermion for a period of 3 93 years starting CY 2025 for the CDMO Division 70 Several late-stage opportunities identified and development work in progress Q1FY23 Q1FY24 Engineering work on CGMP4 in final stages of
Slide 11: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. Crs.) Q1 FY24 Q1 FY23 Y-o-Y Change % FY23 FY22 Y-o-Y Change % Net Revenue from Operations 491.2 397.5 24% 2,077.4 1453.4 43% Raw Material 202.7 182.3 896.0 665.6 Employee Expenses 79.2 50.7 249.4 181.5 Other Expenses 95.1 65.4 381.7 251.4 Operati
Slide 12: Standalone Profitability Statement
Standalone Profitability Statement Particulars (Rs. Crs.) Q1 FY24 Q1 FY23 Y-o-Y Change % FY23 FY22 Y-o-Y Change % Net Revenue from Operations 350.7 386.8 -9% 1,628.1 1,403.6 16% Raw Material 145.4 175.9 715.3 638.3 Employee Expenses 58.7 44.0 203.0 153.3 Other Expenses 62.1 67.1 288.0 256.7 Operatin
Slide 13: Navin Fluorine at a glance
PADMANABF MAFATLAL, GROUP.
Slide 14: Navin Fluorine – Trusted Global Partner
Navin Fluorine – Trusted Global Partner 01 One of the most respected Global Players in specialty fluorochemicals 02 Trusted partner to global Life science, Crop Science and Performance Material companies 03 Successful track record of disciplined execution Witnessing an exciting growth phase, making
Slide 15: Navin Fluorine at a glance
Navin Fluorine at a glance Manufacturing plants strategically located closer to major ports Strong global partners including pharma and Agro Innovators One of Largest Integrated Specialty Fluorochemical company in India Over 50 years of expertise in Handling Fluorine Built “India’s only plant with h
Slide 16: Integrated Business Model
Integrated Business Model • Chemical Complex at Surat spread over 135 • Backward integration for Raw material acres, houses Refrigerant, Inorganic & through 25% JV partner in the only Specialty Chemicals Plants Fluorspar beneficiation company in India • cGMP Compliant facility for CDMO in • Diversif
Slide 17: Reinforcement of Trust
Reinforcement of Trust Delivering on the 3P Strategy (Product, Platform and Partnerships) through New Capex Programs $410 Mn Multi Year Contract in High Beginning of New Partnership in agrochemicals Performance Product (HPP) backed by multi year supply contract Launch of new products in Manufacturin
Slide 18: Journey of Transformation continues…
Core Business Strategy Valuable and Presence into High- Customer’s clear Dependable demand specialized choice - Strong pillar Fluorochemical product basket of Partnership Company Increase share of CDMO & Innovation & Change growth Investment In MPP (Multi Specialty which now - Moving into the new Hi
Slide 19: ESG represents the foundation of our business
ESG represents the foundation of our business
Slide 20: Our Approach to Sustainability
Our Approach to Sustainability Approach Environment Social Governance ✓ Effective control systems ✓ Workforce ✓ Board of Directors ✓ Reducing greenhouse gas ✓ Customer and Vendors ✓ Integrity Emissions ✓ Community ✓ Long Term ✓ Compliance ✓ Managed Expansion ✓ Audit ✓ Brand 19 19
Slide 21: Annual Environment Award
Annual Environment Award The Navin Fluorine team receiving the prestigious Madhya Pradesh Annual Environment Award 20
Slide 22: Our Environment Conservation initiatives
Our Environment Conservation initiatives Reduce Zero Liquid Discharge (ZLD) Restore Reuse o We have Renewable Energy o Our Dewas unit’s zero liquid o Our Dewas unit participated in one of our sites and is in discharge facility utilises treated in Green Mahotsav by the o We are supplying some of its
Slide 23: Our Social initiatives
Our Social initiatives 1413 Full time employees as on March 23 846 Customers Workforce & Community Active Customers as on March 23 Vendors Rs. 60 L Investment in Training & Awareness Strategic investments in its workforce, Strengthened engagements with Sustained stable engagements with communities s
Slide 24: Governance Best Practice
Governance Best Practice Governance Programme Composition of Committees Out of four Members of Nomination Structured policies and processes and Remuneration Committee, addressed investor grievances three are Independent and one Non- Reported NO Executive ✓ Defaults for repayments, creditors, Accepte
Slide 25: Balanced Board with Experience and Expertise
Balanced Board with Experience and Expertise Board Demographics meetings Board Independence during Highly FY2023 engaged 9 of 12 Board 17 Directors actively involved in NFIL’s 75% are Board Committee strategic transformation Independent 8 68 years median Board director's age Highly Experienced Board
Slide 26: Board of Directors
Diversity of thought and experience Mr. Vishad P. Mafatlal Mr. Mohan M. Nambiar Mr. Pradip N. Kapadia Mr. Sunil S. Lalbhai Chairman Non-Executive Non-Independent Director Independent Director Independent Director He is an industrialist having varied He has a vast experience of over 60 years. He He i
Slide 27: Strengthening Community Engagement at Navin Fluorine
Strengthening Community Engagement at Navin Fluorine 6.15 Crores Total CSR expenditure for the year ended March 31, 2023 Touched and improved more than 84,000 lives through community development initiatives Contribution made towards the above trusts and activities SHRI SADGURU SEVA SANGH CHARUTAR AR
Slide 28: Thank You Note
Thank You Note For further information, please contact: Company : Investor Relations Advisors : Navin Fluorine International Ltd. Orient Capital (a division of Link Group) CIN : L24110MH1998PLC115499 Ms. Payal Dave +91 9819916314 Mr. Anish Ganatra payal.dave@linkintime.co.in Chief Financial Officer
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