Nimir Resins Ltd. · PSX:NRSL
Nimir Resins — Investor Presentation (November 2023)
12 slides from Nimir Resins's investor presentation, Nov 24, 2023
Slide 1: NIMIR RESINS Ltd. Corporate Briefing Session
NIMIR RESINS Ltd. Corporate Briefing Session Date: 24th November, 2023
Slide 2: Company Information
COMPANY INFORMATION • Incorporated in 1964 (Listed on PSX Since 1991) • Company Symbol: NRSL: Name again changed Converted into Name changed to Descon to Nimir Resins Incorporation as private Public Limited chemicals Ltd when Limited when company Company as Nimir merged with Descon acquired by Nimir
Slide 3: Location
LOCATION NRL Plants Plant 1 14.5 KM, Lahore- Sheikhupura Road (Driving time 30 mins from Lahore city) Plant 2 14.8 Km. Sheikhupura - Faisalabad Road (Driving time 60 mins from Lahore city)
Slide 4: Core Business at a Glance
CORE BUSINESS AT A GLANCE • Alkyd Resins & Modified Alkyds Resins for Decorative, Refinish & OEM Paints. • Amino Resins (Urea & Melamine Formaldehyde). • Rosin Modified Resins (Maleic & Phenolic). Coatings & Emulsions • Acrylic, Styrene Acrylic & PVA Emulsion binders. • Wetting Agent, Antifoam and d
Slide 5: Compliance and Certifications
COMPLIANCE AND CERTIFICATIONS NRL is a Good Manufacturing Practices (GMP) compliant company. ISO 9001: 2015
Slide 6: Our Major Clients
NIMIR OUR MAJOR CIENTS RESPONSIBLE Packaging AkzoNobel §,/” oN BERGER’ mdavlier Trusted Worldwide PAINTS CENTURY PAPER & BOARD MILLS LIMITED G@BIS PNY! GN) PREMIER sie () GROUP Inspired by Nature Emm BETTER CHEMISTRY
Slide 7: Key Operating & Financial Data for Last Six Years
Key Operating & Financial Data for Last Six Years PKR Million 2018 2019 2020 2021 2022 2023 Summary of Profit and Loss Net Sales 3,580 4,883 4,499 6,278 8,271 9,371 Gross Profit 330 500 506 794 1,075 1,208 Operating profit 236 389 394 652 906 992 Finance Cost 75 168 185 113 214 376 Profit before tax
Slide 8: Financial Performance
FINANCIAL PERFORMANCE Gross Turnover 12,000 PKR in million 11,063 9,753 10,000 8,000 7,405 6,000 5,424 5,298 4,067 4,000 2,000 - 2018 2019 2020 2021 2022 2023 1,200 Profitability 1,044 PKR in million 1,000 887 EBITDA 800 670 602 Profit 576 Before Tax 600 502 415 Profit after 375 400 Tax 196 187 359
Slide 9: Financial Performance
FINANCIAL PERFORMANCE Accumulated (Loss)/Profit PKR in million 1,000 Accumulated (Loss)/Profit Profit after Tax 808 800 600 359 417 367 386 400 103 154 127 200 43 0 (200) 2018 2019 2020 2021 2022 2023 (400) (321) (600) (450) (605) (800) Break Up Value & Earnings Rupees Per Share Breakup value Earnin
Slide 10: Financial Performance
FINANCIAL PERFORMANCE Net Worth and Long Term Loan & Leases Long term borrowings / Lease Net Worth 3,500 3,136 3,000 2,433 2,500 2,070 2,000 1,712 1,500 1,166 1,011 1,000 500 178 5 5 23 122 122 - 2018 2019 2020 2021 2022 2023 Current Ratio Values PKR “000” Current Liabilities Current Assets Current
Slide 11: Future Outlook
Future Outlook ➢ Company has surpassed its last year performance despite severe economical & Political turbulence and is expected to improve its performance in current year under the following macro economic conditions. • Political & economical stability is expected after the election • Discount rat
Slide 12: Thank You
Thank You Future is being close to customers and meeting their expectations each and every time.