Paradeep Phosphates Ltd. · NSE:PARADEEP
Paradeep Phosphates — Q1 FY2024 Earnings Presentation
26 slides from Paradeep Phosphates's earnings presentation, Aug 4, 2023
Slide 1: Exchange filing cover letter: Investor Presentation
August 04, 2023 National Stock Exchange of BSE Limited, India Limited Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, MUMBAI - 400 001 Bandra (E) MUMBAI - 400 051 Dear Sir/Madam, Company's Scrip Code in BSE : 543530 Company’s Symbol in NSE : PARA
Slide 2: Earnings Presentation Q1 FY2024
www.paradeepphosphates.com Earnings Presentation Q1 FY2024 Nourishing the Future - Feeding the Nation
Slide 3: Business Overview
Business Overview o Paradeep Phosphates Limited (PPL) is India’s second largest private sector phosphatic company with a capacity of 3.0 MMTPA (finished fertilizers NPK, DAP and Urea) o Diverse consumer product portfolio of phosphatic grades of fertilizer: • Core Products : DAP, NPK-20:20:0:13, NPK-
Slide 4: PPL Investment Case
PPL Investment Case Backward integration and 3 MMTPA fungible capacity resulting in higher market share and competitive EBITDA / tonne • Total finished fertilizer capacity of 3.0 Million Metric Tons Per Annum (MMTPA) across two sites – Paradeep and Goa • Paradeep site can produce 1.8 MMTPA of DAP /
Slide 5: Q1 FY24 PPL Production Volumes
Q1 FY24 PPL Production Volumes Production Volume in MT Total fertilizers DAP Sulphuric Acid 640,784 MT 251,763 MT 212,745 MT 14% Y-o-Y 126% Y-o-Y 144% Y-o-Y N-20 Other NPKs Phosphoric Acid 162,110 MT 109,665 MT 76,165 MT 1.4% Y-o-Y 59% Y-o-Y 77% Y-o-Y Industrial Products Urea Production: 117,257 MT
Slide 6: Q1 FY24 PPL Sales Volumes
Q1 FY24 PPL Sales Volumes Sales Volume in MT Total fertilizers# DAP 621,824 MT 242,319 MT 81% Y-o-Y 90% Y-o-Y N-20 Other NPKs 127,664 MT 90,483 MT 18% Y-o-Y 87% Y-o-Y 5 Urea: 118,711 MT # Includes 42648 MT of trading Fertilizer Products
Slide 7: Q1 FY24 Performance Highlights
Q1 FY24 Performance Highlights (in Million) Total Income Quarterly Developments Rs. 30,735 EBITDA ➢ Revenue from Operations is Rs. 30,543 million, up by 25.5% as compared to Rs. 24,347 million in the corresponding quarter of the previous year Rs. (194) 25.7% Y-o-Y ➢ The expansion of captive phosphor
Slide 8: Q1 FY24 Performance Trends
Q1 FY24 Performance Trends Delivered consistent quarter on quarter Revenue and EBITDA growth (in Rupees Million) Revenue from Operations EBITDA and Margins 36,439 1,670 1,603 30,543 24,347 6.8% 4.3% (0.6)% PAT* EPS (IN RS.) (194) Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 CAGR 52% PBT and Margi
Slide 9: Farmer Engagement Q1 FY24
Farmer Engagement Q1 FY 24 Committed to creating a food secure nation through innovative and affordable solutions for the farmers 1800+ Farmer Meetings 40+ Crop Seminars Retailer Meetings Crop Seminars Field Demonstrations 90+ Retailer Meetings 60+ Demonstrations 300+ Mobile Soil Testing Labs – Digi
Slide 10: Sales and Distribution Network
Sales and Distribution Network PPL TOTAL Q1 FYTotal PPL 22-23 Q1 FY 23-24 % Increase States Covered 15 15 - Regional Marketing Offices 21 21 - Stock Points 240 512+ 850+ 850+ 314 30.8% No. of Dealers 3,411 3306 5,300+ 4,371 28.1% No. of Retailers 34,210 35,298 40,797 19.2% Farmers Covered 15.4 Lakh
Slide 11: Management Perspectives
Management Perspectives Commenting on the performance, Suresh Krishnan, Managing Director, said: “We have recorded strong production and sales volumes in Q1 FY 24. Both the sites have produced optimally. The Paradeep site in Q1 FY 24 has produced 3,53,020 MT of finished fertilizers up by 32% compare
Slide 12: Consolidated Financial Performance Summary
Consolidated Financial Performance Summary (in Rupees Million) Q1 Y-o-Y Q4 Q-o-Q Full Year Y-o-Y (Rs. Million) FY2024 FY2023 Growth(%) FY2023 Growth(%) FY2023 FY2022 Growth(%) Revenue from Operations 30,543 24,347 25.5% 36,439 (16)% 1,33,407 78,587 70% Other Income 192 97 97.1% 697 (72)% 911 393 132
Slide 13: Key Macroeconomic Growth Drivers
Key Macroeconomic Growth Drivers Food Security Policy Support Soil Health Dietary Shifts • The adequate use of fertilizers and • The Indian government has • Roughly one third of the world’s • Consumers, particularly in high- efficient nutrient management implemented a number of policies soil is degr
Slide 14: Growth Drivers in FY 2024
Growth Drivers in FY 2024 Paradeep Phosphates is looking to capitalize on the following drivers to grow topline and bottom-line in FY 24 01 Million Incremental Potential to generate Value Added NPKs 33% Lesser Fixed Capacity along with additional EBIDTA beyond DAP Cost Per Ton Backward Integration •
Slide 15: Share Holding Pattern Top Shareholders - July 2023
Share Holding Pattern Top Shareholders - July 2023 Promoters Group % PPL Shareholdings # Insurance ZACL* 50-50 Joint Companies Venture 5% Foreign Portfolio Investors ZMPPL** 5% OCP Group 56.1 % Paradeep Phosphates Mutual Funds (DII) 18% Promoter group 56% Top Shareholders# in DII, FII and Insurance
Slide 16: About PPL
ie) About PPL
Slide 17: Manufacturing Locations
Manufacturing Locations Location Paradeep, Odisha Zuarinagar, Goa Area (Acres) 2,282 260 Target Market East, Central and South West, Central and South DAP, NPK-20, N-12, N-10, NPK-10, N-12, N-14, N-19, Feriliser Products N-14 N-28, DAP, Urea Installed fertilizer NPK / DAP: 0.8 Capacity NPK / DAP: 1.
Slide 18: Core PPL Product Portfolio
Core PPL Product Portfolio Well diversified product portfolio to cover the entire range of the non urea fertilizer market • Leadership position in the non-urea fertilizer market with diversified product portfolio ensuring that farmers have access to the right products to improve their yields • The p
Slide 19: Other NPK Products
Other NPK Products NPK 14:28:14 NPK 24:24:00 NPK 14:28:0 NPK 14:35:14 • Contains Nitrogen, Phosphorus • It contains two major plant • Contains a minimum of 24.0% • Complex fertilizer containing all and Potassium in the ratio of nutrients, Nitrogen and Nitrogen and 24.0% Phosphorous major nutrients w
Slide 20: Competitive Positioning
Competitive Positioning Backward integration of Logistics Manufacturing Comprehensive Product Well Established Sales rock phosphate Advantage Capabilities Portfolio and Distribution Network Raw Material: Paradeep Plant: Paradeep Capacity 1.8 MTPA: Consumer Product Portfolio: Consolidated Pan India N
Slide 21: PPL Growth Strategy
PPL Growth Strategy Capacity Utilization and Productivity and Cost Market Expansion Identify Inorganic Growth Product Diversification Improvement Programs through New Channels Opportunities • Expand into allied areas • Enhanced the captive • Extending market • Completed the acquisition such as crop
Slide 22: Key Highlights of the Sustainability Report
Key Highlights of the Sustainability Report Key Material Topics and Materiality Index Environmental Social Governance - 276,506 KwH Total - 2,480 employees - 60% Independent renewable including contractual Directors on Board energy consumed workers - 100 % Employees - 97% Waste recycled - 25 Average
Slide 23: 2022 Sustainability Report Highlights
2022 Sustainability Report Highlights Aligned with United Nation’s SDG Reduce environmental impact by localizing Provided regular basic health facilities via the Innovate Protect Empower the raw material Molten Sulphur from Indian ‘Mobile Health Van’ initiative led by a team of Oil Corporation Limit
Slide 24: Awards & Recognitions
Awards & Recognitions Industry Recognition Awards CIDC Vishwakarma Award Accolades by CII for CSR Golden Peacock Excellence Award by Best Professionally Managed Co. Energy Conservation Initiatives Award - 2022 Odisha CSR Forum - 2022 Awards Kalinga Environment Excellence Greentech Foundation Safety
Slide 25: Disclaimer and Contact Information
Disclaimer and Contact Information Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to “Paradeep Phosphates” future business deve
Slide 26: Thank You
Thank You Registered Office Paradeep Phosphates Limited 5th Floor, Bayan Bhavan Pandit Jawaharlal Nehru Marg Bhubaneswar - 751 001, Odisha, India Contact: +91 22 6169 5988 CorpAffairsBBSR@adventz.com 25
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