Black Rose Industries Limited · BSE:BLACKROSE

Black Rose Industries — Q3 FY2024 Earnings Presentation

16 slides from Black Rose Industries's earnings presentation, Feb 6, 2024

  1. Slide 1: Q3 FY2023-24 Earnings Webinar

    Q3 FY2023-24 EARNINGS WEBINAR February 6, 2024 BLACK ROSE INDUSTRIES LIMITED August 24, 2021

  2. Slide 2: Disclaimer

    Q3 FY2023-24 EARNINGS WEBINAR Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by BLACK ROSE INDUSTRIES LIMITED (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to

  3. Slide 3: Business presence of Black Rose

    Q3 FY2023-24 EARNINGS WEBINAR Polyacrylamide Business presence solid - 10,000 MTPA of Black Rose Acrylamide liquid – (in R&D) N-methylol 32,000 MTPA acrylamide (NMA) - 2,000 Chemical (20,000 MTPA for merchant MTPA distribution sales and 12,000 MTPA for Chemical captive requirement) manufacturing Acr

  4. Slide 4: Financials – Profit & Loss (Standalone & Consolidated)

    Q3 FY2023-24 EARNINGS WEBINAR Financials – Profit & Loss (Standalone & Consolidated) INR. in millions STANDALONE CONSOLIDATED Particulars Q3 FY24 Q2 FY24 Change % Q3 FY24 Q2 FY24 Change % Revenue from operations 592.82 701.28 -15% 936.17 838.57 12% EBITDA 81.07 90.14 -10% 83.74 90.79 -8% Depreciatio

  5. Slide 5: Financials – Balance Sheet (Standalone & Consolidated)

    Q3 FY2023-24 EARNINGS WEBINAR Financials – Balance Sheet (Standalone & Consolidated) INR in millions All ratios on basis of Standalone figures STANDALONE CONSOLIDATED Return on Equity (%) Particulars Q3 FY24 Q2 FY24 Q3 FY24 Q2 FY24 20.00% Sources of Funds Equity Share Capital 51.0 51.0 51.0 51.0 Res

  6. Slide 6: Financials – (Standalone)

    Q3 FY2023-24 EARNINGS WEBINAR Financials – (Standalone) Total revenue and EBITDA INR in millions Highlights 120 712 700 R E E • EBITDA% growth for fifth 603 B V 600 I consecutive quarter E 90 80 T N 81 D U A E 500 • Increase in distribution volumes 400 40 Q2 FY24 Q3 FY24 • Exports decline vis-à-vis

  7. Slide 7: Financials – Revenue and geographic mix

    Q3 FY2023-24 EARNINGS WEBINAR Financials – Revenue and geographic mix 1% 1% MANUFACTURING 34 33 % % DISTRIBUTION 65 66 % % OTHERS Q3 FY24 Q2 FY24 27 EXPORTS 34 % % 66 LOCAL 73 % % Figures rounded off to closest unit percentage 7

  8. Slide 8: Financials - Distribution

    Q3 FY2023-24 EARNINGS WEBINAR Financials - Distribution Total distribution revenue and EBITDA INR in millions Highlights 60 469 • Distribution margin up 20% QoQ 50 389 400 R E • Subdued demand from US oil and gas E 40 V B sector I E 38 36 T N U 200 30 D E A • Improved supply from principals for some

  9. Slide 9: Financials - Manufacturing

    Q3 FY2023-24 EARNINGS WEBINAR Financials - Manufacturing Total manufacturing revenue and EBITDA INR in millions Highlights 80 232 • Manufacturing volumes remain flat QoQ 202 60 200 61 R E E V 51 B • AAM-L realization decreased in both E 40 I domestic and international market T N D U 100 A E 20 • NMA

  10. Slide 10: Acrylonitrile – Acrylamide Price Trend

    Q3 FY2023-24 EARNINGS WEBINAR Acrylonitrile – Acrylamide Price Trend 80 1,750 75 1,600 70 1,503 1,479 65 1,441 1,450 1,408 1,405 60 ACN Price USD/MT 1,453 1,426 1,371 55 1,300 1,245 1,205 1,223 1,239 1,296 50 1,154 1,150 1,223 1,218 1,195 1,077 45 1,045 1,132 1,088 40 1,000 1,069 1,020 35 959 850 30

  11. Slide 11: Outlook for the current quarter: Chemical distribution

    Q3 FY2023-24 EARNINGS WEBINAR Outlook for the current quarter: Chemical distribution  Increased support from suppliers  Domestic demand stable  Focus on greater market outreach  Sales volumes and revenues to increase  Merchant export volumes to pickup 11

  12. Slide 12: Outlook for the current quarter: Acrylamide liquid and solid

    Q3 FY2023-24 EARNINGS WEBINAR Outlook for the current quarter: Acrylamide liquid and solid  Raw material prices firm  Acrylamide volumes and revenue expected to increase  Chinese dumping of acrylamide powder continues  Export volumes pick up  International logistics may affect supplies to certa

  13. Slide 13: Outlook for the current quarter: PAM Liquid and NMA

    Q3 FY2023-24 EARNINGS WEBINAR Outlook for the current quarter: PAM Liquid N-methylol acrylamide (NMA)  Subdued demand for ceramic binders  New customer additions continue  Work on newer versions and polyacrylate-based  Higher sales of NMA in current and upcoming dispersant continue quarters 13

  14. Slide 14: Outlook: On-going and Upcoming Projects

    Q3 FY2023-24 EARNINGS WEBINAR Outlook for the current quarter: On-going and Upcoming Projects  R&D team fully focused on development of polyacrylamide solids  Discussions going on for specialty chemicals project with Japanese collaboration  Toll manufacturing projects under discussion with U.S. a

  15. Slide 15: Manufacturing business Capacities and CAPEX

    Q3 FY2023-24 EARNINGS WEBINAR Manufacturing business Capacities and CAPEX Product Capacity CAPEX in Rs. Incurred in Technology Further MTPA Crores* Rs. Crores* possibility MTPA Acrylamide (L) 20,000 + 41 MCI 60,000 12,000 Polyacrylamide (L) 40,000 4 In-house 40,000 NMA 2,000 <1 In-house - 59 Acrylam

  16. Slide 16: Contact

    Q3 FY2023-24 EARNINGS WEBINAR Contact Mr. Ambarish Daga Director, Joint CFO & Investor Relations Officer Head office 145/A, Mittal Towers Nariman Point, Mumbai 400 021, India Call / Fax +91-22-4333-7200 +91-22-2287-3022 (Fax) Mail to investor@blackrosechemicals.com

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