Oriental Aromatics Ltd. · NSE:OAL
Oriental Aromatics — Q2 FY2023 Earnings Presentation
20 slides from Oriental Aromatics's earnings presentation, Nov 10, 2022
Slide 1: Regulation 30 disclosure cover letter to BSE and NSE
Ref: OAL/BSE/NSE/84/2022-23 10th November, 2022 To To The Manager The Manager Department of Corporate Services, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai
Slide 2: Earnings Presentation | Q2/H1-FY23
EARNINGS PRESENTATION | Q2/H1-FY23
Slide 3: Executive Summary
Executive Summary Overview • Oriental Aromatics Ltd. is one of the largest Indian manufacturers of a variety of Aroma Chemicals, Camphor, Fragrances and Flavours. • The company is one of the privileged few integrated manufacturers of fragrances and flavours as well as aroma chemicals globally. • The
Slide 4: Company Overview
3 Company Overview
Slide 5: Company Overview
Company Overview • The Fragrance and Flavours business of Oriental Aromatics was founded by Mr. Keshavlal Bodani in Fragrances 1955 and has been nurtured and handed down to three generations of the Bodani’s. • In August 2008, Oriental Aromatics’ promoters acquired a controlling stake of 57.66% in th
Slide 6: Value Chain
Value Chain Sources of Raw Raw Materials Products/Blends Applications Materials Aroma Ingredients Incense Sticks Speciality Aroma Chemicals Pine Oil Air Fresheners Terpene based aroma chemicals Pine Tree Others Cosmetics Synthetic Camphor Alpha Pinene Spiritual Fragrance and Flavour Products Petrole
Slide 7: Q2/H1-FY23 Financial Overview
6 Q2/H1-FY23 Financial Overview
Slide 8: Q2/H1-FY23 Financial Highlights
Q2/H1-FY23 Financial Highlights Q2-FY23 Consolidated Financial Performance H1-FY23 Consolidated Financial Performance INR 2,208 Mn INR 146 Mn 6.61 % INR 4,543 Mn INR 310 Mn 6.82 % Revenue from Revenue from EBITDA EBITDA Margin EBITDA Operations EBITDA Margin Operations INR 63 Mn 2.85 % INR 1.88 INR
Slide 9: Q2-FY23 Operational Highlights
Q2-FY23 Operational Highlights • During the quarter, the company witnessed a healthy demand in Fragrance, Flavours & Camphor. • Specialty Aroma ingredients & Terpene chemicals have seen a bit of softening of demand due to over-stocking of materials in the supply chain. However, the forecasting for t
Slide 10: Q2-FY23 Consolidated Income Statement (IND-AS)
Q2-FY23 Consolidated Income Statement (IND-AS) Particulars (INR Mn) Q2-FY23 Q2-FY22 Y-O-Y Q1-FY23 Q-O-Q Revenue from Operations 2,208 2,305 (4.2)% 2,336 (5.5)% Total Expenses 2,062 2,107 (2.1)% 2,171 (5.0)% EBITDA 146 198 (26.3)% 165 (11.5%) EBITDA Margins (%) 6.61% 8.59% (198) Bps 7.06% (45) Bps Ot
Slide 11: H1-FY23 Consolidated Income Statement (IND-AS)
H1-FY23 Consolidated Income Statement (IND-AS) Particulars (INR Mn) H1-FY23 H1-FY22 Y-O-Y Revenue from Operations 4,543 4,601 (1.3)% Total Expenses 4,233 4,059 4.3% EBITDA 310 542 (42.8)% EBITDA Margins (%) 6.82% 11.78% (496) Bps Other Income 44 31 41.9% Depreciation 95 81 17.3% Finance Cost 57 16 N
Slide 12: Historical Financial Overview
11 Historical Financial Overview
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Income Statement (Mn) FY20 FY21 FY22 H1-FY23 Total Operational Income 7,594 7,088 8,688 4,543 Total Expenses 6,312 5,532 7,753 4,229 EBITDA 1,282 1,556 935 314 EBITDA Margins (%) 16.88% 21.95% 10.76% 6.91% Other Income 63 18 44 44 Depreciation 190 175 170 94 Fi
Slide 14: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Liabilities (INR Mn) FY21 FY22 H1-FY23 Assets (INR Mn) FY21 FY22 H1-FY23 Shareholders Fund Assets Non-Current Assets Share Capital 168 168 168 Property, Plant and Equipment 1,846 2,076 2,087 Other Equity 5,406 5,893 6,042 Intangible Asset 2 24 33 Capital WIP 125 2
Slide 15: Historical Consolidated Income Statement
Historical Consolidated Income Statement Income Statement (Mn) FY20 FY21 FY22 H1-FY23 Total Operational Income 7,599 7,088 8,688 4,543 Total Expenses 6,327 5,537 7,763 4,233 EBITDA 1,272 1,551 925 310 EBITDA Margins (%) 16.74% 21.88% 10.65% 6.82% Other Income 66 17 44 44 Depreciation 190 175 170 95
Slide 16: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Liabilities (INR Mn) FY20 FY21 FY22 H1-FY23 Assets (INR Mn) FY20 FY21 FY22 H1-FY23 Shareholders Fund Assets Share Capital 168 168 Non-Current Assets 168 168 Other Equity 4,473 5,405 Property, Plant and Equipment 1,815 1,846 2,079 2,090 5,884 6,029 Goodwill on Am
Slide 17: Consolidated Financial Performance
Consolidated Financial Performance Revenue from Operations (INR Mn) EBITDA (INR Mn) EBITDA MARGINS (%) PAT (INR Mn) PAT MARGINS (%) 21.88% 25. 00% 14.38% 16. 00% 14. 00% 16.74% 20. 00% 11.34% 1,551 8,688 1,019 12. 00% 7,599 862 1,272 10.65% 7,088 10. 00% 15. 00% 6.13% 8. 00% 4,543 10. 00% 6.82% 6. 0
Slide 18: Capital Market Information
Capital Market Information Stock Performance (As on 30th September, 2022) 25% 5% -15% -35% -55% Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 OAL Sensex Price Data (As on 30th September, 2022) INR Shareholding Pattern (As on 30th September, 2022) Face Value 5.0
Slide 19: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Oriental Aromatics 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 s
Slide 20: Thank you