Navin Fluorine International Limited · NSE:NAVINFLUOR
Navin Fluorine International — Investor Presentation (April 2024)
28 slides from Navin Fluorine International's investor presentation, Apr 1, 2024
Slide 1: Intimation of Schedule of Analyst / Institutional Investor Meet
April 01, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai 400001 Mumbai 400051 Scrip Code: 532504 Symbol: NAVINFLUOR EQ Dear Sir/Madam, Subject: Intimation of Schedule of Analyst / In
Slide 2: Investor Presentation – February 2024
Investor Presentation – February 2024
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Navin Fluorine International Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Centenary birth year of Shri Arvind N. Mafatlal
Centenary birth year of Shri Arvind N. Mafatlal Arvind N. Mafatlal Postal Stamp Prime Minister Shri. Narendra Modi released a special postal stamp in honour of industrialist and philanthropist Shri Arvind Bhai Mafatlal to celebrate the centenary birth year of the late businessman and philanthropist
Slide 5: Q3FY24 & 9MFY24 Operational Performance
Q3FY24 & 9MFY24 Operational Performance
Slide 6: 9MFY24 Performance at a glance
9MFY24 Performance at a glance Sales Operating EBITDA Operating EBITDA Margin 9MFY24 Rs. 1,465 Crs Rs. 288 Crs 19.7% +6.1% -17.3% -557 bps Revenue Growth (Y-o-Y) Specialty HPP CDMO + 9.9% + 10.3% -12.5% • Consolidated Financials 5
Slide 7: Q3FY24 Performance at a glance
Q3FY24 Performance at a glance Sales Operating EBITDA Operating EBITDA Margin Q3FY24 Rs. 502 Crs Rs. 76 Crs 15.1% -11.0% -51.4% -1,253 bps Revenue Growth (Y-o-Y) Specialty HPP CDMO -4.5% -0.6% -41.5% • Consolidated Financials 6
Slide 8: Business Vertical - Specialty Chemicals
Business Vertical - Specialty Chemicals Revenues Q3FY24 Highlights -4.5% 186 ✓ Sales impacted due to deferral of campaigns and channel 177 inventory destocking ✓ 1 Molecule added at Dahej; 4 in pipeline for next quarter Q3FY23 Q3FY24 ✓ Agro specialty capex – Chemical charge expected by March/ April
Slide 9: Business Vertical - HPP
Business Vertical - HPP Revenues Q3FY24 Highlights -0.6% ✓ R32 is operating at optimal capacity. Additional 253 251 capacity expansion of 4,500 MT approved by Board at a capex of Rs. 84 crore. Expected to be commissioned by Feb’25 ✓ Pricing Pressure in R22 exports continues and is expected to stabil
Slide 10: Business Vertical - CDMO
Business Vertical - CDMO Revenues Q3FY24 Highlights -41.5% ✓ Postponement of sales for key molecules to next fiscal 125 impacted Q3FY24 sales 73 ✓ Entered into a strategic partnership with a US based CDMO player. The arrangement is mutually beneficial providing access to new chemistries, scale up op
Slide 11: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. Crs.) Q3 FY24 Q3 FY23 Y-o-Y Change % Q2 FY24 Q-o-Q Change % 9M FY24 9M FY23 Y-o-Y Change % Net Revenue from Operations 501.8 563.6 -11% 471.8 6% 1464.8 1380.3 6.1% Raw Material 231.4 246.4 202.0 636.1 612.3 Employee Expenses 74.5 68.6 60.9 214.6
Slide 12: Standalone Profitability Statement
Standalone Profitability Statement Particulars (Rs. Crs.) Q3 FY24 Q3 FY23 Y-o-Y Change % Q2 FY24 Q-o-Q Change % 9M FY24 9M FY23 Y-o-Y Change % Net Revenue from Operations 358.7 423.5 -15% 314.8 14% 1024.2 1176.7 -13% Raw Material 176.7 191.2 141.6 463.7 528.7 Employee Expenses 53.9 55.9 39.0 151.6 1
Slide 13: Consistent Dividend Performance
Consistent Dividend Performance Dividend as % of Face Value Special Final Interim 750% 600% 550% 550% 550% 500% 150% 600% 150% 390% 350% 400% 300% 300% 315% 150% 75% 200% 180% 210% 160% 160% 400% 140% 150% 150% 130% 110% 65% 75% 85% 85% 250% 250% 250% 250% 75% 85% 190% 170% 85% 100% 110% 65% 65% 75%
Slide 14: Navin Fluorine at a glance
PADMANABF MAFATLAL, GROUP.
Slide 15: Navin Fluorine – Trusted Global Partner
Navin Fluorine – Trusted Global Partner 01 One of the most respected Global Players in specialty fluorochemicals 02 Trusted partner to global Life science, Crop Science and Performance Material companies 03 Successful track record of disciplined execution Witnessing an exciting growth phase, making
Slide 16: Navin Fluorine at a glance
Navin Fluorine at a glance Manufacturing plants strategically located closer to major ports Strong global partners including pharma and Agro Innovators One of Largest Integrated Specialty Fluorochemical company in India Over 50 years of expertise in handling Fluorine Built “India’s only plant with h
Slide 17: Integrated Business Model
Integrated Business Model • Chemical Complex at Surat spread over 135 • Backward integration for Raw material acres, houses Refrigerant, Inorganic & through 25% JV partner in the only Specialty Chemicals Plants Fluorspar beneficiation company in India • cGMP Compliant facility for CDMO in • Diversif
Slide 18: Reinforcement of Trust
Reinforcement of Trust Delivering on the 3P Strategy (Product, Platform and Partnerships) through New Capex Programs $410 Mn Multi Year Contract in High Beginning of New Partnership in agrochemicals Performance Product (HPP) backed by multi year supply contract Manufacturing and supply of a new Fluo
Slide 19: Journey of Transformation continues…
Core Business Strategy Valuable and Presence into High- Customer’s clear Dependable demand specialized choice - Strong pillar Fluorochemical product basket of Partnership Company Increase share of CDMO & Innovation & Change growth Investment In MPP (Multi Specialty which now - Moving into the new Hi
Slide 20: ESG represents the foundation of our business
ESG represents the foundation of our business
Slide 21: Our Approach to Sustainability
Our Approach to Sustainability Approach Environment Social Governance ✓ Effective control systems ✓ Workforce ✓ Board of Directors ✓ Reducing greenhouse gas ✓ Customer and Vendors ✓ Integrity emissions ✓ Community ✓ Long Term ✓ Compliance ✓ Managed Expansion ✓ Audit ✓ Brand 20 20
Slide 22: Our Environment Conservation initiatives
Our Environment Conservation initiatives Reduce Zero Liquid Discharge (ZLD) Restore Reuse o We have Renewable Energy o Our Dewas unit’s zero liquid o Our Dewas unit participated in one of our sites and is in discharge facility utilises treated in Green Mahotsav by the o We are supplying some of its
Slide 23: Our Social initiatives
Our Social initiatives 1413 Full time employees as on March 23 846 Customers Workforce & Community Active Customers as on March 23 Vendors Rs. 60 L Investment in Training & Awareness Strategic investments in its workforce, Strengthened engagements with Sustained stable engagements with communities s
Slide 24: Governance Best Practice
Governance Best Practice Governance Programme Composition of Committees Out of four Members of Nomination Structured policies and processes and Remuneration Committee, addressed investor grievances three are Independent and one Non- Reported NO Executive ✓ Defaults for repayments, creditors, Accepte
Slide 25: Balanced Board with Experience and Expertise
Balanced Board with Experience and Expertise Board Demographics meetings Board Independence during Highly FY2023 engaged 9 of 12 Board 17 Directors actively involved in NFIL’s 75% are Board Committee strategic transformation Independent 8 69.5 years median Board director's age Highly Experienced Boa
Slide 26: Board of Directors
Diversity of thought and experience Mr. Vishad P. Mafatlal (Chairman) Mr. Atul K. Srivastava (Independent Director) He is an industrialist having varied experience of over 26 Years in the field of Textiles and Chemicals. He holds a Bachelor of He has an experience of over 46 years in large corporate
Slide 27: Strengthening Community Engagement at Navin Fluorine
Strengthening Community Engagement at Navin Fluorine 6.15 Crores Total CSR expenditure for the year ended March 31, 2023 Touched and improved more than 84,000 lives through community development initiatives Contribution made towards the above trusts and activities SHRI SADGURU SEVA SANGH CHARUTAR AR
Slide 28: Thank You
Thank You For further information, please contact: Company : Investor Relations Advisors : Navin Fluorine International Ltd. Orient Capital (a division of Link Group) CIN : L24110MH1998PLC115499 Ms. Payal Dave +91 9819916314 Mr. Anish Ganatra payal.dave@linkintime.co.in Chief Financial Officer anish
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