Deepak Fertilisers And Petrochemicals Corporation Ltd. · NSE:DEEPAKFERT
Deepak Fertilisers And Petrochemicals — Q4 FY2023 Earnings Presentation
18 slides from Deepak Fertilisers And Petrochemicals's earnings presentation, May 19, 2023
Slide 1: Covering letter to stock exchanges
19th May, 2023 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Code: 500645 NSE Code: DEEPAKFERT Subject: Earnings Presentation f
Slide 2: Earnings Presentation Q4 FY2023
(BSE: 500645; NSE: DEEPAKFERT) Earnings Presentation Q4 FY2023 19th May 2023 MINING CHEMICALS INDUSTRIAL CHEMICALS CROP NUTRITION
Slide 3: Consolidated Financials: FY22-23 – Board Proposes Highest-Ever Dividends of 100%
Consolidated Financials: FY22-23 2 Board Proposes Highest-Ever Dividends of 100% • Segment Performance: Revenue From Operations Operating EBITDA • FY23 Chemicals Segment contributed ~85% of segment profits. Revenues grew by 40% y-o-y and margins increased from 25% (FY22) to 31% (FY23) (+47.5% Y-o-Y)
Slide 4: FY23 PAT Surges to Rs. 1,221 Cr whilst Revenues Hit Rs. 11,301 Cr
Consolidated Financials: Q4 FY23 3 FY23 PAT Surges to Rs. 1,221 Cr whilst Revenues from Operations Hit Rs. 11,301 Cr Y-o-Y Q-o-Q Y-o-Y INR CR Q4FY23 Q4FY22 Q3FY23 FY23 FY22 growth growth growth Operating Revenue 2,796 2,012 38.9% 2,755 1.5% 11,301 7,663 47.5% Operating EBITDA 469 502 (6.5)% 461 1.7%
Slide 5: No large Loan Repayments due in next 3 years
Consolidated Capital Structure 4 No large Loan Repayments due in next 3 years (Rs. CR) Mar-23 Sep-22 Mar-22 Leverage Ratios Mar-23 Mar-22 Change ST Debt 115 85 - Net Debt/Equity (x) 0.48x 0.35x 0.13 LT Debt 3,231 2,750 2,321 Current Maturities 267 246 263 Net Debt/EBIDTA (x) 1.16x 1.05x 0.12 Total D
Slide 6: Synergistic Business Model
Synergistic Business Model 5 Quarterly Operating Margins improved from 9% to 17% between Q4 FY20 – Q4 FY23 Operating Revenue (Rs. Cr) High level of Integration and Fungibility in Upstream – Downstream Operations Refinery Grade Muriate of 2,796 Propylene Natural Gas Potash Sulphur 2,012 1,575 IPA Met
Slide 7: Q4FY23 Chemicals Segment contributed ~80% of Segment Profits
Quarterly Performance Trend 6 Q4FY23 Chemicals Segment contributed ~80% of Segment Profits Chemicals Business Fertilisers Business Revenues (Rs. Cr) Revenues (Rs. Cr) 1,500 1,297 Inputs required 1,493 form DFPCL 506 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Segment Profit (Rs. Cr) Segment Profit (Rs. Cr) 524 102
Slide 8: Pharma / Speciality Chemicals Business Review
Pharma / Speciality Chemicals 7 Business Review DNA & CNA demand and pricing is expected to remain stable in coming months Pharma / Speciality Chemicals (IPA+NA) Operational Highlights (Manufactured Sales Rs. Cr) • In Q4FY23, Acid business achieved a capacity utilization of 89% while the IPA busines
Slide 9: Mining Chemicals Business Review
Mining Chemicals Business Review 8 Government's spending on infrastructure projects should further support explosives demand in the Mining and Infrastructure segments Mining Chemicals (TAN) Revenue Operational Highlights (Manufactured Sales Rs. Cr) • In Q4 FY23, all the key market indicators of TAN
Slide 10: CNB Business Review
CNB Business Review 9 FY23 Fertilisers Segment revenues grew by 59% y-o-y with segment margins of 7% Fertilisers Revenue (Manufactured Sales Rs. Cr) Operational Highlights (NP + NPK + Bensulf) • Continued emphasis on innovating and developing crop nutrition products like Croptek, Solutek etc helped
Slide 11: Update on Raw Material: Price Movement Trend
Update on Raw Material 10 Raw Material Price Movement Trend Ammonia Bulk FOB Spot Avg - ME ($/MT) 1232 1134 1033 1001 1014 1037 1017 900 913 874 930 939 877 803 796 599 632 614 588 606 619 513 409 274 MAY-21 JUN-21 JUL-21 AUG-21 SEP-21 OCT-21 NOV-21 DEC-21 JAN-22 FEB-22 MAR-22 APR-22 MAY-22 JUN-22 J
Slide 12: Update on Upcoming Projects
Update on Upcoming Projects 11 Ammonia Clearly Defined and Well Funded Capex Program • Total planned Investment: Rs 4,350 cr • Balance investment: Rs. 719 cr • Equity incurred to date: Rs. 1,674 cr • Expected commissioning: Q1 FY24 • Debt incurred to date: Rs. 1,957 cr • Total planned Investment: Rs
Slide 13: Ammonia Project – Site Construction Work In Progress (April 2023)
Ammonia Project – Site Construction Work In Progress (April 2023) Watch Latest Ammonia Plant Video: Click HERE
Slide 14: TAN Project – Site Construction Work In Progress (April 2023)
TAN Project – Site Construction Work In Progress (April 2023) NORTH SIDE BW VIEW FROM APPROCH ROAD TOWARS TATASEZ BW EAST SIDE BOUNDARY WALL BY TATASEZ VERTICAL PILE LOAD TEST WORKING PILE IS IN PROGRESS AT PB-03
Slide 15: Capital Market: Building on trust by delivering on expectations
Capital Market Update 14 Capital Market: Building on trust by delivering on expectations Significant Improvement in Market Cap (Rs. Crores) Institutional Ownership (%) NSE TOP 500 Ranking 6,781 6,917 21.22% 674 598 15.85% 530 403 401 2,330 6.82% 1,172 4.97% 4.60% 669 31 March 31 March 31 March 31 Ma
Slide 16: CSR and Awards
CSR and Awards 15 Inclined Towards Overall Societal Development Received award for excellence in procurement at the 6th procurement excellence summit & awards 23, which was organized by UBS Forum and IVALUA All 288 participants in the wadi program Women's health awareness program have successfully c
Slide 17: Full Year 2023 Journey So Far: A Compendium
16 Full Year 2023 Journey So Far: A Compendium • Corporate Restructuring: Announced Demerger plan of its Mining Chemicals in Dec 2022; Composite scheme of arrangement has been admitted with National Company Law Tribunal (NCLT) on January 25, 2023 • Aarti Industries (AIL) and DFPCL signs a binding te
Slide 18: Safe Harbour
Safe Harbour: This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Deepak Fertilisers and Petrochemicals Corporation limited’s (DFPCL) futur
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