Nacl Industries Ltd · NSE:NACLIND
Nacl Industries — Q1 FY2023 Earnings Presentation
46 slides from Nacl Industries's earnings presentation, August 2022
Slide 1: NACL Industries Limited Investor Presentation Q1 FY2023
N.f\GARJUNA NACL - ----- ---------- .,. ............. • ....... '' '' ,,,, ,-----'- -------' ..., D ,,' ',,, ,/ '\ ,/ '\ : \ I : \I : ~ I I :I \I : I \ / \\ \ ,,, i I '\,, ',, ............. .,,,.. " • ; '~ •• ■ NACL INDUSTRIES LIMITED ................ __ ■• ■ ■ ••• • • ••• ••• ••• ••• •• •• ■ • • •
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation may include statements, which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market positio
Slide 3: Table of Contents
TABLE OF CONTENTS CORPORATE IDENTITY 04 OPERATIONAL HIGHLIGHTS 10 RESULTS SUMMARY 12 PERFORMANCE TRACK RECORD 21 ■ ■ ■ ■ ■ ■ ANNEXURE 27 ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ SHAREHOLDERS INFORMATION 43 • • • • • • • • • 3 Investor Presentation • •
Slide 4: Corporate Identity
• ---------- ................ \ \ \ \ CORPORATE IDENTITY • • •••••• • • • • • • • •• • • • • • • •• ·.•~-~-. . . . • • • • •• •• • • • • • •• •• • • . .·. · •••••••••••••••••• • • • • • • •• •• •• •• • • • • • •••••••••••••••••• • • • • • • • • • •• • • • • • • • • • • • • •• •• • • • • • • • • • •
Slide 5: About NACL
About NACL Mission NACL has been an established player • To be a trusted name in providing high quality in the Agrochemical industry since products and solutions to the farming community 1993. The Company started as an Active Ingredient manufacturer and • To be a trusted custom & contract manufactur
Slide 6: Quick Facts
Quick Facts 12,500 30 5 ---- c:, ~-0 Retailers Geographical Million Farmers Presence ( Customers ) 3 25+ 57 Manufacturing ~ Years of Branded Products Units Experience 1,200+ Employee Strength 6 Investor Presentation
Slide 7: Geographical Reach
Geographical Reach A J;',\GARJUI'/A, NACL USA 30 - Countries Uzbekistan 12,500 - Retailers Iran Lebanon Nepal Egypt Taiwan Thailand 35 - Revenue from International (%) Sudan Jordan India Costa Rica Yemen Columbia Uganda Ethiopia Tanzania Sri Lanka Ecuador 03 - Manufacturing Plants Brazil Zambia Para
Slide 8: Product Portfolio (1/2) Technicals
Product Portfolio (1/2) A J;',\GARJUI'/A, NACL Technicals Insecticides Fungicides Herbicides • Profenofos • Myclobutanil • Pretilachlor • Lambda-Cyhalothrin • Propiconazole • Bispyribac Sodium • Imidacloprid • Tricyclazole • Metribuzin • Bifenthrin • Thifluzamide • Clodinafop-Propargyl • Thiamethoxa
Slide 9: Product Portfolio (2/2)
Product Portfolio (2/2) Cairo Fenny Nagarjuna 4G Profex Status Trust Cannon Fury Nagarjuna Mida f Profex Super f Syndicate Warrior Insecticides Dxtar Force Super Nagarjuna Mantle i Pymet i Task Gr Warrior Plus Dxtar FS Hurricane Plus Nagarjuna Spice i<? Quick 50% SP i<? Task SC Ennova Monocrown Pest
Slide 10: Operational Highlights
• ---------- ................ \ \ \ \ OPERATIONAL HIGHLIGHTS • • •••••• • • • • • • • •• • • • • • • •• ·.•~-~-. . . . • • • • •• •• • • • • • •• •• • • . .·. · •••••••••••••••••• • • • • • • •• •• •• •• • • • • • •••••••••••••••••• • • • • • • • • • •• • • • • • • • • • • • • •• •• • • • • • • • •
Slide 11: Operational Highlights – Q1FY23
Operational Highlights – Q1FY23 • NACL Industries Limited records its highest ever quarterly revenue in Q1 FY2023, as revenue grows by 46% YoY • Top line growth has significantly improved this quarter, but EBITDA and PAT might have been better, but for the steep increase in the cost of raw material,
Slide 12: Results Summary
• ---------- ................ \ \ \ \ RESULTS SUMMARY • • •••••• • • • • • • • •• • • • • • • •• ·.•~-~-. . . . • • • • •• •• • • • • • •• •• • • . .·. · •••••••••••••••••• • • • • • • •• •• •• •• • • • • • •••••••••••••••••• • • • • • • • • • •• • • • • • • • • • • • • •• •• • • • • • • • • • • • •
Slide 13: Result Summary – Q1FY23
Result Summary – Q1FY23 (In ₹ lakhs) 46% 15% 6% 1,513 47,534 3,634 3,154 32,468 1,431 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Revenue EBITDA PAT Revenue Breakup Insecticides Herbicides Fungicides Plant Growth Regulators 26% 55% 79% 10% Q1FY23 17,665 9,352 17,941 1,872 Q1FY22 I 14,058 I 6,047 I 10,
Slide 14: Revenue Split – Q1FY23
Revenue Split – Q1FY23 Q1FY23 Q1FY22 Product Category-wise (%) Product Category-wise (%) Formulation Technical Formulation Technical 7% 2% 9% 9% 25% 13% 29% 55% 56% 55% 29% 59% 14% 22% 16% ■ Insecticides ■ Herbicides ■ Fungicides ■ Plant Growth Regulators, Nematicides & others ■ Insecticides ■ Herbi
Slide 15: Result Summary – FY22
Result Summary – FY22 (In ₹ lakhs) 38% 23% 51% 7,604 1,64,016 15,725 1,19,134 12,806 5,029 FY21 FY22 FY21 FY22 FY21 FY22 Revenue EBITDA PAT Revenue Breakup Insecticides Herbicides Fungicides Plant Growth Regulators 28% 33% 52% 48% FY22 68,618 26,842 61,211 3,789 FY21 I 53,578 I 20,253 I 40,143 I 2,5
Slide 16: Revenue Split – FY22
Revenue Split – FY22 FY22 FY21 Product Category-wise (%) Product Category-wise (%) Formulation Technical Formulation Technical 3% 2% 4% 21% 28% 20% 28% 52% 57% 55% 60% 19% 15% 15% 20% ■ Insecticides ■ Herbicides ■ Fungicides ■ Plant Growth Regulators, Nematicides & others ■ Insecticides ■ Herbicides
Slide 17: Profit and Loss – Q1FY23 (Standalone)
Profit and Loss – Q1FY23 (Standalone) Particulars (₹ in lakhs) Q1FY23 Q1FY22 Y-o-Y (%) Q4FY22 Q-o-Q (%) FY22 FY21 Y-o-Y (%) Revenue from operations 47,534 32,468 46% 47,287 1% 164,016 119,137 38% Other income 417 315 32% 274 52% 1,640 1,536 7% Total Income 47,951 32,783 46% 47,561 1% 165,656 120,673
Slide 18: Profit and Loss – Q1FY23 (Consolidated)
Profit and Loss – Q1FY23 (Consolidated) Particulars (₹ in lakhs) Q1FY23 Q1FY22 Y-o-Y (%) Q4FY22 Q-o-Q (%) FY22 FY21 Y-o-Y (%) Revenue from operations 47,534 32,468 46% 47,287 1% 164,016 119,137 38% Other income 286 267 7% 161 78% 1,342 1,466 -8% Total Income 47,820 32,735 46% 47,448 1% 165,358 120,6
Slide 19: Balance Sheet (1/2)
Balance Sheet (1/2) Standalone Consolidated Particulars (₹ in lakhs) FY22 FY21 FY22 FY21 ASSETS Non-current assets (a) Property, plant and equipment 20,354 18,572 20,381 18,572 (b) Right-to-use assets 461 349 3,331 3,249 (c) Capital work-in-progress 955 2,748 10,456 2,846 (d) Other intangible assets
Slide 20: Balance Sheet (2/2)
Balance Sheet (2/2) Standalone Consolidated Particulars (₹ in lakhs) FY22 FY21 FY22 FY21 EQUITY AND LIABILITIES Equity (a) Equity share capital 1,983 1,962 1,983 1,962 (b) Other equity 46,412 39,186 46,854 39,898 Total equity 48,395 41,148 48,837 41,860 Non-current liabilities (a) Financial liabilit
Slide 21: Performance Track Record
• ---------- ................ \ \ \ \ PERFORMANCE TRACK RECORD • • •••••• • • • • • • • •• • • • • • • •• ·.•~-~-. . . . • • • • •• •• • • • • • •• •• • • . .·. · •••••••••••••••••• • • • • • • •• •• •• •• • • • • • •••••••••••••••••• • • • • • • • • • •• • • • • • • • • • • • • •• •• • • • • • • •
Slide 22: Historic Quarterly Trend (Revenue, EBITDA)
Historic Quarterly Trend (2/2) (₹ in lakhs) - Revenue from operations EBITDA - 50,000 47,534 4,000 5,000 50,000 47,287 4,729 3,634 44,285 45,000 4,277 4,500 4,259 45,000 3,500 40,000 39,976 3,154 4,000 40,000 3,000 3,565 3,521 35,000 34,417 3,500 32,468 33,043 35,000 30,172 2,888 2,500 30,000 3,000
Slide 23: Historic Quarterly Trend (PBT, PAT)
Historic Quarterly Trend (2/2) (₹ in lakhs) PBT PAT 2,500 - 2,041 4,000 3,500 3,409 1,600 1,400 1,431 - 1,513 3,000 2,500 2,524 2,000 1,905 3,000 2,921 1,200 2,796 2,102 1,869 2,000 2,500 1,000 1,714 1,500 2,239 2,136 1,547 2,000 800 1,500 C 1,000 1,432 536 1,500 600 804 1,000 910 1,025 1,000 400 64
Slide 24: Financial Performance (1/2)
Financial Performance (1/2) (₹ in lakhs) Revenue from Operations EBITDA and EBITDA Margin CAGR 17% CAGR 27% l 1,19,137 1,64,016 18,0 00 16,0 00 14,0 00 12,0 00 7.44% 10.61% 12,806 15,725 9.49% 12. 00% 1,01,489 10,0 00 8,00 0 7,607 6.0 0% 6,00 0 4,00 0 2,00 0 - 0.0 0% FY20 FY21 FY22 FY20 FY21 FY22 EB
Slide 25: Financial Performance (2/2)
Financial Performance (2/2) A J;',\GARJUI'/A, NACL (₹ in lakhs) Working Capital Days Net Worth 107 48,395 79 82 41,148 35,053 FY20 FY21 FY22 FY20 FY21 FY22 ROCE and ROE Debt to Equity (x) 22.01% 0.24 20.68% 0.21 13.57% 15.71% 12.22% 0.10 4.50% FY20 FY21 FY22 -0- ROCE ROE FY20 FY21 FY22 25 Investor P
Slide 26: Credit Rating
Credit Rating A J;',\GARJUI'/A, NACL Reaffirmed • (A One) ---·-·-·-·-. CARE A1 .,. .,. ... ... ,, ₹ 115.00 Crores ,, ---■- .... ... ' .,. ,, ,, ' / ' Short Term Bank Facilities Long Term Bank Facilities •• ' •• • % ,, / ₹ 400.38 Crores ' ,, ' ... .,. .... _____ ...... ,, ,, ' ' ... ... .; ..... __ -
Slide 27: Annexure
• ---------- ................ \ \ \ \ ANNEXURE • • •••••• • • • • • • • •• • • • • • • •• ·.•~-~-. . . . • • • • •• •• • • • • • •• •• • • . .·. · •••••••••••••••••• • • • • • • •• •• •• •• • • • • • •••••••••••••••••• • • • • • • • • • •• • • • • • • • • • • • • •• •• • • • • • • • • • • • •• •• •
Slide 28: Timeline (1/2)
Timeline (1/2) Acquired two Pesticide Commencement of Chemagro International The 3rd Technical The 4th Technical Formulation Plants at Monocrotophos (MCP) Limited became Nagarjuna Manufacturing block Manufacturing block Ethakota in East Godavari commercial production Agrichem Limited and the was est
Slide 29: Timeline (2/2)
Timeline (2/2) State-of-the-Art Co-marketing partnership Bagged “India's Best Company Registered highest Registered highest Research & with leading Japanese of the Year Award – 2017”, by turnover of Rs.1000 ever turnover of Development Center chemical companies for International Brand Consulting cro
Slide 30: Board of Directors
Board of Directors Mrs. K Lakshmi Raju Mr. M Pavan Kumar Mr. C. Varada Rajulu Mr. N Vijayaraghavan Mr. Sudhakar Kudva Mr. Raghavender Mateti Chairperson & Managing Director & Executive Director - Independent Director Independent Director Independent Director Non-Executive Director CEO Corporate Affa
Slide 31: Senior Management Team (1/2)
Senior Management Team (1/2) Mr. M Pavan Kumar Mr. C. Varada Rajulu Mr. G. Jagannadha Rao Mr. R.K.S Prasad Managing Director & CEO Executive Director - President – International key Executive VP – Finance & Corporate Affairs accounts CFO Mr. Amit Taparia Mr. Harish Chandra Bijlwan Mr. Amit Tandon Mr
Slide 32: Senior Management Team (2/2)
Senior Management Team (2/2) Roshan Mammen Mr. S. Mani Prasad Mr. Srinivasa Rao Bitra Seshagiri Rao Vice President - Exports Head – Human Potential Senior General Manager & Senior General Manager & Development Head - Plant Operations Head - Plant Operations (Formulations Unit) (Technical Plant) Dr.
Slide 33: NACL's Business Model
NACL’s Business Model 50+ Branded Products, 47 NACL stock points and 12,500 retail Technical outlets across India manufacturing plant under the Company’s with a production direct to retail capacity of 10,000 approach metric tons per annum A state-of-the-art Formulation unit with Knowledge Delivery R
Slide 34: Business Strategy
BUSINESS STRATEGY Strengthening and enhancing global collaborations Substantial capacity enhancement strategy in Agrochemical, Specialty Chemicals & Continue to invest in Product Registrations, Advanced Intermediaries Process know –how, Brand building Tap new geographies and Farmer Centric product s
Slide 35: NACL – A Unique Investment Case
NACL – A Unique Investment Case RESEARCH & GOVERNANCE DEVELOPMENT & LEADERSHIP Capable R&D team with Accomplished Board Members NJ\GARJUNA state-of-the-art, GLP and seasoned professional CONSISTENT NACL accredited facility, to leadership with decades of GROWTH DISTRIBUTION develop differentiated ind
Slide 36: Certificates
Certificates RC certificate GLP certificate _ _ . . . , o,,. ICC..S.ll/ RN:/1'11~ -----'---•· -·---- --- ~ _... ...... , ..oe..,..,.,,__.,.a.....,.. -!=~=~~~~. ~nt Responsi ble Care® -•··-~ . ,..,_._ _... . ............. ...... -·-k-1•"-"~ __........... -.-· .....- .. - ... OUR OOMMlTMENT TO SUST,'d
Slide 37: Awards and Accolades
Awards and Accolades * * * * * * * •••• ••• •••• •••• •••• •••• •••• Best Company of Greentech Award Suraksha Certificate of Best Management Water Industry Champion the Year 2017 Puraskar Appreciation Award Management Award 2021 NACL has bagged Award NACL has been the “Greentech NACL’s Srikakulam NA
Slide 38: Sustainability – Environment, Health & Safety
Sustainability – Environment, Health & Safety Indian Agrochemical Market The agrochemicals market in India is expected to register 8% CAGR to reach US$ 3.7 billion by FY22 and US$ 4.7 billion by FY25. With the government propagating the development of the agricultural sector and with the recent prop
Slide 39: Research & Development
Research & Development R&D labs at Shadnagar and Srikakulam are DSIR Development of New generation, environment recognized. Quality Control labs in the above locations and friendly and safe formulations Ethakota are NABL accredited. Process development of active ingredients and intermediates R&D lab
Slide 40: Production Capacity
Production Capacity Ethakota Unit, AP PRODUCTION CAPACITY 12,000 KL Liquid Formulation 5,600 MT Powder Formulation 35,475 MT Granule Formulation Technical Grade 10,000 MT* *Being expanded to 25000 MT Srikakulam Unit, AP 40 Investor Presentation
Slide 41: Capacity Expansion Plans
Capacity Expansion Plans NACL is in process of BROWNFIELD NACL Industries increasing the existing Plant PROJECT ► Limited, Srikakulam, Andhra Pradesh ► capacity of 10,000 MT/Annum to 25,000 MT/Annum. GREENFIELD PROJECTS NACL Multichem Pvt. Ltd, NACL Spec-Chem Limited, Ranasthalam Mandal, CAPACITY Da
Slide 42: Green Field Project at Dahej (Gujarat) Nearing Completion
Green Field Project at Dahej (Gujarat) Nearing Completion 42 Investor Presentation
Slide 43: Sustainability – Environment, Health & Safety
Sustainability – Environment, Health & Safety Manufacturing Plants are certified Integrated Management Systems Strong EHS systems, processes, related to quality, environment, inspection and training who health and safety (ISO) with enhance awareness and ensure adequately green belt cover practices S
Slide 44: Shareholder's Information
• ---------- ................ \ \ \ \ SHAREHOLDER’S INFORMATION • • •••••• • • • • • • • •• • • • • • • •• ·.•~-~-. . . . • • • • •• •• • • • • • •• •• • • . .·. · •••••••••••••••••• • • • • • • •• •• •• •• • • • • • •••••••••••••••••• • • • • • • • • • •• • • • • • • • • • • • • •• •• • • • • • • •
Slide 45: Shareholders Information
Shareholders Information Stock Information (as on 2nd August, 2022) (As on 30th June 2022) - ~ Market Capitalization (₹) 1,444.28 Cr Shareholding Pattern (%) 0 Shares Outstanding 19.83 Cr ~ Free Float 288.86 Cr 34.18% k::: Symbol (BSE) / (NSE) 524709 / NACLIND Stock Performance Chart (as on 2nd Augu
Slide 46: Thank You
MART PVT t,&J,~ NACL Industries Limited Plot No 12-A, C Block, Lakshmi Towers, Nagarjuna Hills, Punjagutta, Hyderabad - 500082, Telangana, India ' ' 9 NACL Industries Limited +91-40 -24405100 info@naclind.com https://naclind.com/ Pragna Hospit~ls' ' Pan1agutta Police Station ~l>W tHiL Vashoda H so S