Aether Industries Ltd. · NSE:AETHER
Aether Industries — Q3 FY24 Earnings Presentation
18 slides from Aether Industries's earnings presentation, Feb 1, 2024
Slide 1: Cover letter to stock exchanges: Presentation on Financial Results
February 1, 2024 Ref. No.: AIL/SE/93/2023-24 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai-400001, MH. Mumbai-400051, MH. Scrip Code: 543534 Symbol: AETHER Dear Madam / Sir, Subject: Pr
Slide 2: Q3 FY24
Q3 FY24 February 1, 2024 AETHER.NS | 543534
Slide 3: Highlights
HIGHLIGHTS New Customers Customer Audits We have started business with 15 new customers during the Successfully concluded 7 customer audits and certi cation quarter across all business models audits in Q3 FY24 Pilot Plant Expansion Site 3++ Expansion On-going procurement and installation of equipmen
Slide 4: Snapshot
SNAPSHOT Y-o-Y Y-o-Y is comparison of Q3 FY24 with Q3 FY23 1,682 378 22% 191 11% Q3FY24 1% 26% 46% 1,705 507 30% 350 21% Q3FY23 9MFY-o-9MFY 9MFY-o-9MFY is comparison of 9MFY24 with 9MFY23 (INR MM) Revenue EBITDA PAT 5,113 1,463 29% 871 17% 9MFY24 6% 3% 6% 4,833 1,426 929 19% 9MFY23 30% EBITDA and PA
Slide 5: Business Segments
BUSINESS SEGMENTS (INR MM) Large Scale 57% Manufacturing FY21 3,249 FY22 3,955 FY23 3,357 Advanced intermediates and speciality chemicals 9MFY24 2763 with application across the industry spectrum Contract Research and Manufacturing 14% Services - CRAMS FY21 359 FY22 479 FY23 817 Contract research, s
Slide 6: Aether Today
AETHER TODAY REVENUE FROM OPERATIONS INR MM 29.1% Agro CAGR 44% 6,511 5,970 4,806.40 4,538 By Application 3.2% Multiple 3,038 Pharma 3.6% Photography 49.5% 2,033 8.0% Material Science 1,092 4.4% Coatings 0.9% Textiles FY18 FY19 FY20 FY21 FY22 FY23 9MFY24 0.8% Oil & Gas 0.6% Food Additives EBITDA% 30
Slide 7: Research and Development
RESEARCH AND DEVELOPMENT R&D has been critical to success and a differentiating factor vis-à-vis competitors Experts at helm of R&D / CRAMS Consistently rising R&D expenditure SEPTEMBER-23 DECEMBER-23 270 277 10.0% Highly qualified employees, Highly qualified employees, 7.5% including including 6.6%
Slide 8: Announcement: Partnership with Global Lithium-Ion battery producer
ANNOUNCEMENT Partnership with Global Lithium-Ion battery producer Aether Industries executes strategic agreement with Global Lithium-Ion Battery Producer to announce entry in the electrolyte additives space Aether Industries Limited (NSE: AETHER, BSE: 543534), one of India’s leading specialty and ne
Slide 9: Standalone Financial Results for Q3 and 9MFY24
STANDALONE FINANCIAL RESULTS FOR Q3 AND 9MFY24 INR MM Particulars Q3FY24 Q2FY24 Q3FY23 9MFY24 9MFY23 FY23 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Revenue from operations 1,554 1,642 1,671 4,806 4,673 6,511 Other income 128 152 34 306 160 165 Total income 1,682 1,794 1,705 5,112 4,8
Slide 10: Site 3++
SITE 3++ Production of 3 to 5 Products upon commercialisation of the project Located diagonally opposite to the current Manufacturing Facility 2 in GIDC, Sachin, Surat, Gujarat, India Additional 3500 MT capacities approximately per annum will be added on commercialisation of the project July 2023 Se
Slide 11: Site 4
SITE 4 Dedicated to CEM upon commercialisation of the project Located within 200 meters of the current Manufacturing Facility 2 in GIDC, Sachin, Surat, Gujarat, India Aether Speciality Chemicals Limited 100% wholly owned subsidiary July 2023 February 2024 project initiation Expected to be commission
Slide 12: Site 5
SITE 5 S5 - Panoli 21° 32' 19.302" N, 73° 0' 11.34" E 125,874.64 sq. mtrs. / 31 acres (approximate) Acquired land in GIDC auction for future expansions 12 times the land bank of the current land at Site-2 Easy proximity to NH8 54 Kms drive from current locations in Surat Plot nos. 14 + 15, Panoli GI
Slide 13: Expansion of World's Largest Pilot Plant
EXPANSION OF WORLD’S LARGEST PILOT PLANT As of 23.01.24 56 reactors ⎸ SS-316, GLR, Hast-C, Ti / PFA coated ⎸ 500 to 6000 L ⎸ full vac. to 30 bar ⎸ -20 to 300 ℃ 10 batch / cont. distillation columns ⎸ SS-316, GLR, Hast-C ⎸ full vac. to 10 bar ⎸ 150 to 800 mm diam. ⎸ 24-100 stages Wiped film evaporato
Slide 14: Accident - Update
Accident - Update • Fire accident on November 29, 2023 Manufacturing Facility 2. • Total 11 casualties reported. The families of the deceased, compensated Rs 50 lakhs per family. • The injured workers hospitalised and given the best treatment, expenses borne by the Company. • Compensation of Rs 25 l
Slide 15: QEHS: Health and Safety
QEHS Health and Safety ISO 9001 INDIAN GMP • Undertaking hazard and operability studies before for Quality for Manufacturing commencing commercial production of new products • Dedicated team of safety personnel UN GLOBAL COMPACT • Mobile application for safety and emergencies ISO 45001 • Modern fire
Slide 16: QEHS: Quality and Environment
QEHS Quality Environment High standards of quality for products Vibrant infrastructure installed for environment and sustainability efforts To cover To ensure • 100 KLPD in-house zero liquid discharge (ZLD) plant • Triple stage multiple effect evaporator (MEE) • Mechanical vapour recompression (MVR)
Slide 17: Environmental Social Governance
ENVIRONMENTAL SOCIAL GOVERNANCE Environmental Social Governance • Adoption of the green chemistries or • Focused on: • Technically sound and extensively more accurately sustainable chemistry - Education experienced Board members since inception. - Life Saving measures • Transparency and accountabili
Slide 18: Forward-looking statements disclaimer
Certain statements and opinions with respect to the anticipated future performance of the company in the presentation (“forward - looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be correct. Such forward -lo