Slide 1: NOCIL Limited Investor Presentation Q2FY24
NOCIL LIMITED INVESTOR PRESENTATION Q2FY24 1 1
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by NOCIL 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 securities, an
Slide 3: Financial Highlights Q2FY24
Financial Highlights Q2FY24 3
Slide 4: Quarterly Performance
Quarterly Performance Sales Volume* (Index) Revenue from Operations (Rs. In crores) 151 136 133 509 127 117 108 389 393 397 351 326 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 FY23 FY23 FY23 FY23 FY24 FY24 FY23 FY23 FY23 FY23 FY24 FY24 *Base to 100; considering Q1FY20 base period Highlights ➢ Volumes for Q2
Slide 5: Annual Performance
Annual Performance Sales Volume* (Index) Revenue from Operations (Rs. In Crores) 1,571 1,617 131 128 126 719 852 925 114 597 898 720 748 328 FY21 FY22 FY23 FY24 (Annualised) FY21 FY22 FY23 H1FY24 H2 H1 *Base to 100; considering FY20 base period 5
Slide 6: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Rs. In Crores Q2FY24 Q1FY24 Q-o-Q Q2FY23 Y-o-Y H1FY24 H1FY23 Y-o-Y Net Revenue from Operations 351 397 -12% 389 -10% 748 898 -17% Raw Material 191 223 229 413 498 Changes in inventory 7 5 -23 12 (20) Value Addition * 153 169 -10% 184 -17% 322 420 -23% Employee Ex
Slide 7: Balance Sheet
Balance Sheet Assets (Rs. In Crores ) 30-Sept-23 31-Mar-23 Equity and Liabilities (Rs. In Crores ) 30-Sept-23 31-Mar-23 Non-current assets 1,065 976 EQUITY 1,651 1,552 Property, Plant and Equipment 638 653 Equity Share Capital 167 167 Right of Use Assets 227 231 Other Equity 1,484 1,385 Capital work
Slide 8: Cash Flow Statement
Cash Flow Statement Particulars (Rs. In Crores) Sept-23 Sept-22 Cash flow from operating activities Profit before tax 84 138 Adjustments for noncash items / non operating items 17 27 Operating profit before working capital changes 100 166 Working capital reductions/(increases) 19 56 Cash flows gener
Slide 9: Business Overview
Business Overview 9
Slide 10: Company Overview
Company Overview CAGR growth from 2016 - 2023 +12% +9% Revenue EBITDA ~30% +8% Dividend Payout Operating PBT more than 6 years Part of Largest Arvind Mafatlal Group Rubber Chemicals Manufacturer in India Expertise in Rubber Chemical Long Term Business Relationships Business over 4 decades with Tire
Slide 11: Management Team
Management Team Dr. Narendra Gangal Mr. Hrishikesh. A. Mr. P. Srinivasan Dr. Chinmoy Nandi Vice President (QA, Mr. Anand V.S Mafatlal President Finance & Vice President (Research Analytical & Outsourced Managing Director Promoter & Chairman Chief Financial Officer & Development) Research) ➢ Executiv
Slide 12: Glimpse of our Plants
Glimpse of our Plants NOCIL’s manufacturing facilities are equipped with State-Of-The-Art Technologies that enable the Company to manufacture products that meet International Standards Navi Mumbai, Maharashtra ➢ The Navi Mumbai production plant, established in 1976, situated in the Trans-Thane Creek
Slide 13: Our Value Proposition
Our Value Proposition ➢ Wide Range of Rubber Products & Product Chemical Products 01 Forms ➢ Varied Product Forms Long Term Relationships ➢ Market Responsive Approach Sales, Marketing & with Customers Technical Services 02 ➢ Strong MTS Team to over 40 Countries offer Technical Services ➢ Experienced
Slide 14: Products & their Usage
Products & their Usage These are ingredients in rubber ANTI-DEGRADANTS/ compounds which deter the ageing and inhibit degradation due to oxygen attack 01 03 ANTI-OXIDANTS of rubber products, thereby enhancing service life Experienced, 02 capable & Latest innovative analytical team of R&D instruments
Slide 15: R&D and Total Quality Management
R&D and Total Quality Management Research & Technology Quality Assurance Certifications Development ➢ NOCIL’s Research Centre at ➢ Quality Management System with a ➢ Independent assurance statement Navi Mumbai recognized by focus on Quality of Raw materials, issued by Bureau Veritas (India) Pvt. Min
Slide 16: Technology & Speciality Chemicals – Moving up the curve
Technology & Speciality Chemicals – Moving up the curve Technology-driven Endeavours Strengthening Presence in Rubber Chemicals Continual Technological Improvement in Product & Processes Strong position in specialized applications R&D Capabilities leading to significant reduction in cost of producti
Slide 17: Rubber Chemicals – Industry Trends
Rubber Chemicals – Industry Trends Stringent Environmental compliance Cost increase in China leading to Better level playing field NOCIL has been awarded by ICC for “Excellence in Management of Environment” under the large chemical industry High Performance Tires Rising Income Extended life, Automot
Slide 18: Strong Foundation Through Our Geographical Presence
Strong Foundation Through Our Geographical Presence Global customers continue to value the strengths and capabilities of your company. With available capacities and gaining of approvals at new locations, will enable your Company to leverage growth opportunities to fulfil its long-term vision of doub
Slide 19: Industry–Academia Collaboration
Industry –Academia Collaboration NOCIL has been awarded by ICC for Indian Chemical Council (ICC) Best “Industry - Academia Collaboration Award” 19
Slide 20: Rubber Consumption
Rubber Consumption Global Rubber Consumption (Natural + Synthetic) In million tonnes 29.8 29.1 29.7 29.0 28.6 • Rubber Chemicals 28.4 constitute ~3.5% of the 27.5 27.5 Rubber Consumption Covid year • Global Rubber 26.6 consumption for Q1CY23 shows a de-growth of 26.2 around 3% on q-o-q basis 25.5 20
Slide 21: NOCIL Total Sales vs. Global Rubber Consumption Trend
NOCIL Total Sales vs. Global Rubber Consumption Trend 250 Indexed 202 194 200 174 156 160 154 150 139 119 124 100 106 100 113 116 115 119 118 102 105 107 110 107 100 50 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 NOCIL Sales Global Rubber Consumption 01 02 04 03 Global Rubber Chemical G
Slide 22: NOCIL Total Sales vs. Domestic Rubber Consumption Trend
NOCIL Total Sales vs. Domestic Rubber Consumption Trend 250 Indexed 230 217 200 186 182 184 166 165 151 150 132 100 108 139 146 134 126 100 113 119 113 100 100 108 108 50 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 NOCIL Sales Domestic Rubber Consumption 02 01 Company is largest domesti
Slide 23: Why NOCIL is a Supplier of Choice
Why NOCIL is a “Supplier of Choice” Environment Friendly Product Testing & Critical factors pivotal towards NOCIL Processes emerging as a prominent player in the Dependable Player Validation rubber chemical industry are: Approved and registered Continuous investments are Dependable & quality player
Slide 24: China + 1 Strategy
CHINA + 1 STRATEGY Rubber Chemicals Industry Currently, China is a dominant Global sourcing strategy player in the Rubber Chemical expected to undergo a Industry contributing over 80% change to include China +1 India Rest of World Tire majors across world NOCIL is Dependable, Non- looking for altern
Slide 25: Environmental, Social, and Governance
Environmental, Social, and Governance 25 25
Slide 26: Environmental Initiatives
Environmental Initiatives 504.64 MW ‘3R’ approach’ that focuses on 64,290 Kilo Litres Electricity through alternate pollution prevention & waste Less water consumption in energy sources for operations management, promoting a 2022-23 sustainable environment in 2022-23 Investing in R&D of Implementing
Slide 27: Social Engagement
Social Engagement Promoting Healthcare (Including Preventive Healthcare): ➢ CSR initiatives extend to providing community health programmes for the underprivileged residing in rural and tribal areas ➢ Allocated funds to renowned NGOs such as The Cancer Patients Aid Association (CPAA), which enables
Slide 28: Social Engagement
Social Engagement Sports And Games - Support The Indian Athletes In Winning Olympic Gold Medals: ➢ Financial support to The Foundation for Promotion of Sports and Games (Olympic Gold Quest), an esteemed NGO founded by renowned icons Geet Sethi and Prakash Padukone. ➢ Dedicated to narrowing gap betwe
Slide 29: Social Engagement
Social Engagement Promoting Education For Underprivileged And Poor Children: ➢ Guided by its motto “Be Great by Your Sadhana, Service & Sacrifice“ Adruta Home’s mission is to raise parentless abandoned children suffering from extreme poverty, destitution and negligence with love and care providing t
Slide 30: Historical Financial Highlights
Historical Financial Highlights 30
Slide 31: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Rs. In Crores FY23 FY22 Y-o-Y Net Revenue from Operations 1,617 1571 3% Raw Material 888 859 Changes in inventory -24 -89 Value Addition * 729 712 2% Employee Expenses 87 81 Other Operating Expenses 389 345 Operating EBITDA 253 286 -12% Operating EBITDA Margin 15
Slide 32: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. In Crores ) 31-Mar-23 31-Mar-22 Equity and Liabilities (Rs. In Crores ) 31-Mar-23 31-Mar-22 Non-current assets 976 987 EQUITY 1,552 1,445 Property, Plant and Equipment 653 674 Equity Share Capital 167 167 Right of Use Assets 231 231 Capital work-in-progress 9 8
Slide 33: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (Rs. In Crores) FY23 FY22 Cash flow from operating activities Profit before tax 202 241 Adjustments for noncash items / non operating items 50 45 Operating profit before working capital changes 252 286 Working capital reductions/(increases) 80 (256) Cash f
Slide 34: Consistent Dividend Payout
Consistent Dividend Payout Dividend as % of Face Value 30% 30% 25% 25% 25% 20% 18% 12% 10% 6% 6% FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20* FY21 FY22 FY23 27% 48% 34% 30% 37% 29% 27% 38% 38% 28% 34% Pay out Ratio = (Dividend + DDT) / PAT * Interim Dividend 34
Slide 35: Thank You
Thank You NOCIL Limited CIN: L99999MH1961PLC012003 NOCIL Limited Mr. P. Srinivasan - CFO CIN: L99999MH1961PLC012003 finance@nocil.com Mr. P. Srinivasan - CFO Ms. Mugdha Khare finance@nocil.com mugdha.khare@nocil.com Ms. Mugdha Khare www.nocil.com mugdha.khare@nocil.com www.nocil.com Strategic Growth