India Pesticides Ltd. · NSE:IPL
India Pesticides — Q4 FY2022 Earnings Presentation
19 slides from India Pesticides's earnings presentation, 2022
Slide 1: India Pesticides Limited FY22 Earnings Presentation
INDIA PESTICIDES LIMITED FY22 EARNINGS PRESENTATION www.indiapesticideslimited.com
Slide 2: Performance Highlights
Performance Highlights Q4FY22 Q4 FY22 FY 22 INR 1,815 mn +34.3% INR 7,293 mn +11.3% Revenue Y-O-Y change Revenue Y-O-Y change INR 989 mn +33.1% INR 4,028 mn +16.8% Y-O-Y change Gross Profit | Margin 55.2% Y-O-Y change Gross Profit | Margin 54.5% INR 467 mn +22.3% INR 2,270 mn +19.8% EBITDA | Margin
Slide 3: Chairman's Message
Chairman’s Message We delivered on all front and expect this growth momentum to continue during FY23 “During the quarter our revenue grew by 34.3% supported by increased demand of new product launches . We are a R&D driven firm and constantly try to develop and innovate by targeting high demand nich
Slide 4: FY22 Performance Highlights
FY22 Performance Highlights Revenue growth of 11.3% ; EBITDA growth of 19.8% : PAT growth of 17.5% Rs in Million Total Income Gross Profit 55.2% 52.6% 48.3% 4,897 6,554 7,293 2,366 3,450 4,028 FY20 FY21 FY22 FY20 FY21 FY22 EBITDA PAT 31.1% 21.7% 28.9% 20.5% 21.2% 14.5% 1,037 1,895 2,270 708 1,345 1,
Slide 5: Quarterly Business Highlight
Quarterly Business Highlight Consistent efforts towards generating and serving future potential demand Q4 FY22 • Technical capacity expanded Q3 FY22 by 500 MT • 1 chemical soft launched during quarter • Technical capacity expanded Q2 FY22 by 500 MT • 2 chemical soft launched during quarter • Listing
Slide 6: Performance Summary
Performance Summary Robust profitability growth supported by unique diversified product offerings Y-o-Y Change Y-o-Y Change (Rs. Million) Q4 FY22 Q4 FY21 FY22 FY21 (%) (%) Total Income 1,815 1,352 34.3% 7,293 6,554 11.3% Gross Profit 989 743 33.1% 4,028 3,450 16.8% Gross Margin (%) 54.5% 54.9% 55.2%
Slide 7: Revenue Break-up
Revenue Break-up Technicals + APIs constitute 76% of total revenue during FY22 Rs in Million Technicals + API Revenue Share 24% 5,068 5,409 3,833 FY22 FY20 FY21 FY22 Formulation 76% 1,358 1,753 947 Techinical + API Formulations FY20 FY21 9M FY22 7
Slide 8: Capital Structure
Capital Structure Debt reduced by 49% ; Cash & bank balances improved to INR 1,068 mn (Rs. In million) 31st Mar 2020 31st Mar 2021 31st Mar 2022 Cash Flow from Operations (Rs. Million) Long Term Borrowings 104 74 36 833 752 758 Short Term Borrowings 135 228 119 Total Debt 240 303 155 Less: Cash & Ba
Slide 9: India Pesticides At a Glance
India Pesticides At a Glance Diversified product offerings, ability to develop client specific molecules quickly and efficiently 2 • An R&D driven chemical manufacturer of Agro-Technicals & APIs, along with growing Active Manufacturing Formulation's business Facility • Focus on quality and sustainab
Slide 10: Business Overview
Business Overview Sole Indian manufacturer of certain Technicals and among the leading manufacturers globally for Captan, Folpet and Thiocarbamate Herbicide, in terms of production capacity Key Technicals Category Application Prosulfocarb Herbicide Used in field crops, such as, wheat and potatoes Pr
Slide 11: Manufacturing Facility and Sales Network
Manufacturing Facility and Sales Network Regular inspection of manufacturing facilities by international clients, external governing authorities and internal team for QA & HSE systems for their products, facilitates continuous improvement in operations & processes Manufacturing Facilities Plants as
Slide 12: Capacity Expansion
Capacity Expansion Unit II - Sandila Expansion Plan Unit III - New Upcoming Facility at Hamirpur Manufacturing capacity expansion will create economies International and domestic customers ready to absorb of scale and improve efficiency in manufacturing new capacities processes • 70 Cr Capex outflow
Slide 13: Outlook
Outlook Product portfolio and capacity expansion will be driving factors for growth Expansion Plan • Expansion of existing facility and new manufacturing plant to drive higher production in the future Export Opportunity • China plus one policy being adopted by companies across globe Asset Turnover •
Slide 14: Environment
Environment To minimize contamination of the surrounding environment • Environment Strategy: Our manufacturing facilities are equipped with effluent treatment processes to minimize Our manufacturing contamination of the surrounding environment. Our in-house technology developed through R&D do design
Slide 15: Social
Social We do care for environment, safety and society that exist inside & outside of the organization. Our focus on sustainability leads us to help the growth of our communities • Health and Safety Initiatives: o All employees at the site undergo mandatory Health and Safety Training sessions that ar
Slide 16: Governance
Governance Maintain the highest standard of business conduct and ethics • Board Composition: Our Board comprises of total six directors, including one woman director: o 3 Independent Directors, o 2 non-executive Directors o 1 whole time executive Director • Board Diversity Policy: The Company recogn
Slide 17: Key Takeaways
Key Takeaways Board and Management is committed to continuous growth and sustainability Consistent growth with sustainable margins Net cash company with significant reduction in long term borrowings and increased cash flow from operations Higher return ratios due to efficient capital and asset utili
Slide 18: Disclaimer
Disclaimer Certain statements in this presentation concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The company's results may b
Slide 19: India Pesticides Limited
INDIA PESTICIDES LIMITED Corporate office: Water Works Road, Aishbagh, Lucknow - 226 004, Uttar Pradesh, India +91 522 2653602 www.indiapesticideslimited.com