Oriental Aromatics Ltd. · NSE:OAL
Oriental Aromatics — Investor Presentation (September 2023)
32 slides from Oriental Aromatics's investor presentation, Sep 14, 2023
Slide 1: Regulation 30 disclosure cover letter to exchanges
Ref: OAL/BSE/NSE/80/2023-24 14th September, 2023 To To The Manager The Manager Department of Corporate Services, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai
Slide 2: Investor Presentation | August 2023
INVESTOR PRESENTATION | August 2023
Slide 3: Executive Summary
Executive Summary Overview • Oriental Aromatics Ltd. is one of the largest Indian manufacturers of a variety of Aroma Chemicals, Camphor, Fragrances and Flavours. • The company is one of the privileged few integrated manufacturers of fragrances and flavours as well as aroma chemicals globally. • The
Slide 4: Company Overview
3 Company Overview
Slide 5: Company Overview
Company Overview • The Fragrance and Flavours business of Oriental Aromatics was founded by Mr. Keshavlal Bodani in Fragrances 1955 and has been nurtured and handed down to three generations of the Bodani’s. • In August 2008, Oriental Aromatics’ promoters acquired a controlling stake of 57.66% in th
Slide 6: Value Chain
Value Chain Sources of Raw Raw Materials Products/Blends Applications Materials Aroma Ingredients Incense Sticks Speciality Aroma Chemicals Pine Oil Air Fresheners Terpene based aroma chemicals Pine Tree Others Cosmetics Synthetic Camphor Alpha Pinene Spiritual Fragrance and Flavour Products Petrole
Slide 7: Promoter Background and Board of Directors
Promoter Background and Board of Directors Mr. Dharmil A. Bodani – Chairman and Managing Director Ms. Amruda V. Nair - Non-Executive & Independent Director • A dynamic personality with vast experience of more than 3 decades in fragrance, • Has experience in leading international hospitality brands.
Slide 8: Geographical Presence
Geographical Presence Bareilly, Uttar Pradesh Vadodara, Gujarat Ambernath, Maharashtra Export to Countries Headquarters, Mumbai, INDIA Manufacturing Plants Africa Malaysia Europe North America Egypt Myanmar France Mexico Nigeria Oman Geneva USA Pakistan Germany Asia Singapore Netherlands South Ameri
Slide 9: Key Milestones
Key Milestones Mr. Keshavlal Since Setting up of the In August 2008, Commissioned The company In April the equity Listing of Commissioned a Bodani founded commencement, Export-oriented controlling stake of a dedicated acquired business shareholders of Equity shares Specialty Aroma Oriental the compa
Slide 10: Manufacturing Facilities
Manufacturing Facilities Bareilly, Uttar Pradesh • First Synthetic Camphor plant in India with technology from DuPont of USA in 1964. • This plant produces more than ~7,900 MTPA of pine based chemicals and other end products. • The plant has the ability to handle chemical operations such as fraction
Slide 11: R&D Set Up
R&D Set Up Centre for Innovation at Mumbai • State of the art synthesis lab • DSIR approved lab • Dedicated to research on generic speciality aroma ingredients in a sustainable way • Between 20-25 research associates • Head-space GC-MS, Flash chromatography, UV along with regular analytical set-up,
Slide 12: Key Strengths
Key Strengths • 6 decades of experience in Aroma Chemicals and 7 decades of experience in Fragrances and Flavours Established • Evolved as a one stop shop solution provider for the F&F Industry Player • Strong Raw Material sourcing capability • Pioneer in the field of Terpene Chemistry in India • On
Slide 13: Business Overview
12 Business Overview
Slide 14: Business Mix
Business Mix Business Mix Aroma Chemicals & Camphor Fragrances & Flavors 13
Slide 15: Pine based Aroma Chemicals Manufacturing
Pine based Aroma Chemicals Manufacturing Pine Trees Tapping Distillation Process Gum Resin Heavy Oil Gum Turpentine Oil (GTO) Residue (70%) (15%) (10%) (5%) Terpinyl Isobornnyl Camphene Pineoils Capinone Terpineol Dipentine Isoborneol Ketone 101 Acetate Perf. Acetate Isobornyl Acetate Camphor 14
Slide 16: Aroma Chemicals Industry Overview
Aroma Chemicals Industry Overview • The global aroma chemicals market size was valued at USD 5.35 billion in 2021 and is expected to expand at 4.1% CAGR to reach USD 7.7 billion in 2030. • The demand for the product is anticipated to be driven by increased consumption of flavours and fragrance produ
Slide 17: Aroma Chemicals
Aroma Chemicals • Every aroma has a specific need and a unique characteristic. Whether it’s going to be used to mask, mimic or maximise a taste or smell, is key. • Each aroma molecule can be adapted to suit a variety of products and offer their own signature fragrance. After all, an aroma of a produ
Slide 18: Camphor
Camphor • OAL is one of the prominent manufacturers of Camphor in India. • Camphor is a waxy, flammable, white or transparent solid with a strong aroma. • It can be produced from alpha-pinene, which is abundant in the oils of coniferous trees and can be distilled from turpentine produced as a side p
Slide 19: Facts of Fragrances and Flavours
Facts of Fragrances and Flavours The sense of smell is the first of all our senses to develop. Even before we are born, our sense of smell is fully formed and functioning. A study indicates that 80% of the flavours we taste come from what we smell (which is why foods can become flavourless when we h
Slide 20: Flavours & Fragrance Industry Overview
Flavours & Fragrance Industry Overview • The global flavours and fragrances market was valued at USD 29.15 Billion in 2022 and is expected to reach USD 44.6 Billion by 2027, at 5.4% CAGR. • APAC dominated the global industry in 2022 and accounted for the highest share of more than 31.40% of the over
Slide 21: Fragrance Compounds
Fragrance Compounds • A Fragrance compound, also known as an odorant, aroma, is a chemical compound that has a smell or odour. • Perfume is described as having three sets of notes, making the harmonious scent accord. The notes unfold over time, with the immediate impression of the top note leading t
Slide 22: Flavour Compounds
Flavour Compounds • Flavour is the sensory impression of food or other substance and is determined primarily by the chemical senses of taste and smell. • Smell is the main determinant of a food item's flavour. • While only five basic tastes - sweet, sour, bitter, salty and umami (savoury) are univer
Slide 23: Strategic Overview
Strategic Overview 1 2 3 4 To focus on One of its kind Committed to be a Increased focus on sustainable chemistry automated Multi- global player in the high value- low and always Purpose Plant in India specialty aroma volume products environmentally for specialty aroma chemical space compliant chemi
Slide 24: Financial Overview
23 Financial Overview
Slide 25: Historical Standalone Income Statement
Historical Standalone Income Statement Income Statement (Mn) FY21 FY22 FY23 Q1-FY24 Total Operational Income 7,088 8,688 8,491 1,957 Total Expenses 5,532 7,753 7,940 1,947 EBITDA 1,556 935 551 10 EBITDA Margins (%) 21.95% 10.76% 6.49% 0.51% Other Income 18 44 58 6 Depreciation 175 170 193 48 Finance
Slide 26: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Liabilities (INR Mn) FY21 FY22 FY23 Assets (INR Mn) FY21 FY22 FY23 Shareholders Fund Assets Non-Current Assets Share Capital 168 168 168 Property, Plant and Equipment 1,846 2,076 2,089 Other Equity 5,406 5,893 6,099 Intangible Asset 2 24 47 Capital WIP 125 210 369
Slide 27: Historical Consolidated Income Statement
Historical Consolidated Income Statement Income Statement (Mn) FY21 FY22 FY23 Q1-FY24 Total Operational Income 7,088 8,688 8,491 1,957 Total Expenses 5,537 7,763 7,949 1,948 EBITDA 1,551 925 542 9 EBITDA Margins (%) 21.88% 10.65% 6.38% 0.46% Other Income 17 44 57 6 Depreciation 175 170 194 48 Financ
Slide 28: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Liabilities (INR Mn) FY21 FY22 FY23 Assets (INR Mn) FY21 FY22 FY23 Shareholders Fund Assets Share Capital 168 Non-Current Assets 168 168 Other Equity 5,405 Property, Plant and Equipment 1,846 2,079 2,091 5,884 6,081 Goodwill on Amalgamation 450 450 450 Capital W
Slide 29: Consolidated Financial Performance
Consolidated Financial Performance Revenue from Operations (INR Mn) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 21.88% 25.00% 14.38% 16.00% 8,688 8,491 20.00% 14.00% 12.00% 7,088 1,551 1,019 10.00% 15.00% 6.13% 10.65% 8.00% 6.38% 10.00% 2.32% 6.00% 4.00% 925 2.00% 5.00% 533 0
Slide 30: Capital Market Information
Capital Market Information Stock Performance (As on 30th June, 2023) 25.0% 5.0% -15.0% -35.0% -55.0% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 OAL Sensex Price Data (As on 30th June, 2023) INR Shareholding Pattern (As on 30th June, 2023) Face Value 5.00 CMP
Slide 31: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Oriental Aromatics Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 32: Ohiental homaties Sid
Ohiental homaties Sid
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