Chembond Chemicals Limited · NSE:CHEMBONDCH
Chembond Chemicals — Q4 2023-24 Earnings Presentation
45 slides from Chembond Chemicals's earnings presentation, 2024
Slide 1: Chembond Chemicals Limited
Chembond Chemicals Limited About us and our activities 2023-24
Slide 2: Welcome
Welcome • Chembond Chemicals Limited was founded in 1974 • Consistent performer; dividend paying since inception • Pan-India manufacturing, sales and service footprint • Head Office in Navi Mumbai, MH • DSIR certified R&D facilities at Navi Mumbai, MH and Dudhwada, GJ • Family driven, professionally
Slide 3: Core Business Units
Core Business Units ANIMAL WATER MATERIAL HEALTH AND TECHNOLOGIES TECHNOLOGIES NUTRITION CONSTRUCTION INDUSTRIAL DISTRIBUTION CHEMICALS HYGIENE • Businesses aligned by solutions offered and segments catered • Each business has a team of specialists working in the field with customers
Slide 4: Business Unit Walkthroughs
Business Unit Walkthroughs 2023-24
Slide 5: Water Technologies
Water Technologies Chembond Water Technologies Limited Chembond Clean Water Technologies Limited Chembond Water Technologies (Malaysia) Sdn Bhd Chembond Water Technologies (Thailand) Co. Ltd. 2023-24
Slide 6: Water
Water • Water is extensively used by industries • Different areas / applications of water in industry: • Raw Water, Boiler Water, Cooling Water, Wastewater, RO membrane • Raw water quality and availability varies across the country / world • Treatment of raw water for any further use thus becomes cr
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Slide 8: What We Do
What We Do • Specialty Water Treatment chemicals • Raw water treatment coagulants • Boiler water treatment formulations • Cooling water treatment products • Wastewater treatment flocculants • Reverse Osmosis (RO) membrane treatment chemicals • Water treatment equipment • Filtration systems for suspe
Slide 9: Application Areas
Application Areas
Slide 10: Complete Water Treatment solutions
Complete Water Treatment solutions Chembond Clean Water Technologies Ltd Chembond Water Technologies Ltd Complete Bio- Water Equipment remediation Chemicals Treatment solutions
Slide 11: Superior Performance = Customer Satisfaction
Superior Performance = Customer Satisfaction Technical Superior Products Monitoring Services Performance
Slide 12: Customer Segments
Customer Segments Petro- Cement Fertilizer Pulp & Paper chemical Commercial & Institutional Refining Steel Speciality Pharma, Food & Textiles & Dyeing Chemicals Power Beverage, Dairy
Slide 13: Our Silver Bullets
Our Silver Bullets • Integrated solutions – equipment, bio-remediation and chemicals • Trained, Empowered and Dedicated services team • Pioneer in India for leading edge technology introductions: • Glassy Zinc Polyphosphate corrosion inhibitor • Chlorine Dioxide based oxidizing biocide • Multicompon
Slide 14: Material Technologies
Material Technologies Chembond Material Technologies Private Limited Phiroze Sethna Private Limited Gramos Chemicals India Private Limited 2023-24
Slide 15: Material Technologies
Material Technologies Wide range of synergistic products offered • Metal Treatment Chemicals • Automotive Sealants • Industrial Coatings and Specialty Additives • Engineering Adhesives • Paint Booth Wipes and Chemicals • MRO Products Used in automotive (OEM’s and components), steel, appliance, engin
Slide 16: Metal Treatment Chemicals
Metal Treatment Chemicals Pretreatment of steel for automotive and Wire and tube drawing appliance industry Metal working, Coil coating lubrication and cleaning
Slide 17: Automotive Sealants
Automotive Sealants Typical Sealant Applications Passenger & Commercial Vehicles
Slide 18: Engineering Adhesives
Engineering Adhesives Levens Thread Locker
Slide 19: High Performance Coatings
High Performance Coatings Levens for Industrial & Commercial Floors
Slide 20: Material Technologies Value Chain
Material Technologies Value Chain Flooring Rust Loosen Anaerobics Underbody Steel & Coil Waterborne Coagulant Structural Anti-Seize Epoxies Seam Conversion Epoxies Tack Cloths Chain Lube Silicones Hemming Cleaners PU Masking Repair Epoxies PU Cavity Wax Lubricants DTM Peelable Cyano Structural NewGe
Slide 21: Animal Health and Nutrition
Animal Health and Nutrition Chembond Biosciences Limited 2023-24
Slide 22: About
About • Chembond entered this segment in 2010 • Produce nutritional supplements for animal health industry • Catering mainly to the poultry and dairy industry • Presence across India with manufacturing at Tarapur • Quality products at excellent value • Experienced yet young team
Slide 23: Product Range
Product Range Products that enhance nutrition, reduce waste, improve mortality rates α D3 , other Minerals, Disinfectants, Enzymes, Vitamin incl. Water Probiotics, concentrates Chelated Purification, Prebiotics and Minerals Sanitizers Premixes
Slide 24: Construction Chemicals
Construction Chemicals Chembond Chemicals Limited 2023-24
Slide 25: Products
Products • Products for a wide range of applications • Admixtures for concrete modification • Sealants based on Polysulphide, PU and Acrylics • Waterproofing solutions for under-construction and built-up structures • Repair mortars for concrete roads, structures and flooring • Curing compounds for c
Slide 26: Customer Segments
Customer Segments Roads Industrial Ports & Jetties Applicators Influencers Dams Metro Rail Metro Rail Bridges Contractors Builders Airports Distributors
Slide 27: Construction Chemicals
Construction Chemicals
Slide 28: Industrial Hygiene
Industrial Hygiene Chembond Calvatis Industrial Hygiene Systems Ltd 2023-24
Slide 29: Industrial Hygiene Systems
Industrial Hygiene Systems • A JV between Chembond and Calvatis GmbH, Germany • Cleaning and hygiene products and systems for: • Industrial applications in beverage, food processing, dairy and brewing industries • Institutional applications in kitchens, laundry and housekeeping sections
Slide 30: Industrial Applications Institutional Applications
Industrial Applications Institutional Applications Food House- Applications Beverage Dairy Applications Kitchen Laundry Processing keeping Air Treatment √ Air Freshening / De-odorizing √ √ Bottle Washing √ √ Bathroom Cleaning √ Cleaning-in-Place (CIP) √ √ √ Bleaching √ √ √ Cold Fogging √ √ √ Dishwas
Slide 31: Chemical Distribution
Chemical Distribution Chembond Distribution Limited 2023-24
Slide 32: What We Do
What We Do • Import, stock and sell specialty chemicals • Additives for water treatment chemicals • Additives for construction chemicals • Additives for paints and inks • Polyurethane primers, sealants and coatings
Slide 33: Financial Information
Financial Information Chembond Chemicals Limited 2023-24
Slide 34: Executive Commentary
Executive Commentary Q4 2023-24 Consolidated Revenue from operations at Rs. 121.8 crores 6.3% vs Q3 2023-24 0.2% vs Q4 2022-23 Revenue performance of BU’s vs Q3 2023-24 vs Q4 2022-23 Water Technologies 10.1 % 0.6 % Material Technologies 0.5 % 4.3 % Animal Health 7.7 % 12.2 % Construction Chemicals 1
Slide 35: Executive Commentary (continued)
Executive Commentary (continued) Q4 2023-24 Consolidated EBITDA of Rs.13.06 crores 26.3% vs Q3 23-24 12.3% vs Q4 22-23 Consolidated PBT of Rs. 11.29 crores 29.5% vs Q3 23-24 13.6% vs Q4 22-23 Softened RM costs vs Q3 23-24 = product margin down by 0.7% points Lower RM costs vs Q4 22-23 = product marg
Slide 36: Share of Revenue by Segment (consolidated)
Share of Revenue by Segment (consolidated) Animal Nutrition Polymers Animal Trading 6.3% 0.5% Nutrition 7.3% Trading 6.5% 5.8% Material Technologies Water Technologies Material Water 32.5% 49.8% Technologies Technologies 30.5% 49.7% Construction Construction Chemicals Chemicals Hygiene Chemicals Hyg
Slide 37: Revenue from Operations – Q on Q
Revenue from Operations – Q on Q Rs. lakhs 12,183 12,203 11,460 11,202 11,366 11,062 11,015 9,765 9,447 9,350 8,376 7,771 1,355 1,240 1,233 1,432 1,455 1,203 1,271 1,275 1,157 1,167 1,062 1,113 Q4 2023-24 Q3 2023-24 Q2 2023-24 Q1 2023-24 Q4 2022-23 Q3 2022-23 Q2 2022-23 Q1 2022-23 Q4 2021-22 Q3 2021
Slide 38: Revenue from Operations – Y o Y
Revenue from Operations – Y o Y Rs. lakhs Standalone Consolidated 46,199 44,044 34,898 30,131 27,445 26,804 15,629 5,260 5,086 5,854 4,564 4,204 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 39: Product Margin %
Product Margin % 54.90 Standalone Consolidated 51.39 50.79 48.24 47.78 47.07 47.26 42.04 41.64 45.00 39.07 25.42 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 40: EBITDA – Q on Q
EBITDA – Q on Q Rs. lakhs 2,383 Standalone Consolidated 1,772 1,490 1,306 1,262 1,196 1,031 903 740 584 522 459 404 406 277 269 299 187 181 225 160 139 67 99 Q4 2023-24 Q3 2023-24 Q2 2023-24 Q1 2023-24 Q4 2022-23 Q3 2022-23 Q2 2022-23 Q1 2022-23 Q4 2021-22 Q3 2021-22 Q2 2021-22 Q1 2021-22 Higher Fre
Slide 41: EBITDA – Y on Y
EBITDA – Y on Y Rs. lakhs Standalone Consolidated 6,658 3,921 3,351 2,944 2,571 1,552 1,368 1,302 1,136 1,023 706 816 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 42: Profit Before Tax
Profit Before Tax Rs. lakhs 5,986 Standalone Consolidated 3,395 2,853 2,441 2,054 1,265 1,093 883 789 706 455 531 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 43: 5 Year Financial Performance – Consolidated
5 Year Financial Performance – Consolidated Rs. lakhs Highlights 2022-23 2021-22 2020-21 2019-20 2018-19 Operating Result Revenue From Operations 44,044.41 34,898.08 27,444.58 26,804.28 30,130.94 Other Income 463.61 861.08 1,533.09 303.78 393.14 Finance Cost 104.13 68.91 42.19 78.29 78.20 Depreciati
Slide 44: 5 Year Financial Performance – Standalone
5 Year Financial Performance – Standalone Rs. lakhs Highlights 2022-23 2021-22 2020-21 2019-20 2018-19 Operating Result Revenue From Operations 5,086.45 4,563.92 4,203.69 5,854.29 15,628.96 Other Income 541.34 1,010.51 1,191.20 655.81 564.58 Finance Cost 6.48 4.82 7.11 4.86 29.12 Depreciation 243.87
Slide 45: Contact Us
Contact Us Chembond Chemicals Limited Chembond Centre EL-71 Mahape MIDC Navi Mumbai 400710. INDIA www.chembondindia.com T: +91 22 62643000 - 03 F: +91 22 27681294 E: cs@chembondindia.com
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