Deepak Fertilisers And Petrochemicals Corporation Ltd. · NSE:DEEPAKFERT
Deepak Fertilisers And Petrochemicals — Q2 FY2025 Earnings Presentation
24 slides from Deepak Fertilisers And Petrochemicals's earnings presentation, Oct 29, 2024
Slide 1: Cover letter to stock exchanges
29th October, 2024 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Code: 500645 NSE Code: DEEPAKFERT Subject: Earnings Presentati
Slide 2: Earning Presentation Q2FY25
(BSE: 500645; NSE: DEEPAKFERT) Earning Presentation Q2FY25 Follow us on October 2024
Slide 3: Content
Content Company Overview Q2FY25 Results Overview Project Update Corporate Social Responsibilities Shareholder Value
Slide 4: India's Leading Chemical and Fertilisers Producer
India’s Leading Chemical and Fertilisers Producer Industrial 40+ Years Chemicals Rich Experience of Developing (IC) 3 verticals 6 Manufacturing Sites Leadership Position 2,300+ Employees Mining Business Crop Nutrition (TAN) Business US$ ~1.6 billion (CNB) Market Capitalization (as on 30 September 20
Slide 5: Strong Competitive Offering
Strong Competitive Offering Mining Chemicals Industrial Chemicals Crop Nutrition Capacity: Technical Ammonium Nitrate Capacity: Diluted Nitric Acid 885 KTPA Capacity: NP 300 KTPA 587 KTPA Concentrated Nitric Acid 231 KTPA NPK 800 KTPA Iso Propyl Alcohol 70 KTPA Bensulf 57 KTPA • Only manufacturer of
Slide 6: Strategic Geographic Footprints
Strategic Geographic Footprints Dahej, Gujarat Panipat, Haryana Capacity (KMTPA) Geographic Advantage Capacity (KMTPA) Geographic Advantage • DNA: 149 • Major customers of nitroaromatics • Bensulf: 32 • Oil-seed growing belts of North and • CNA: 92 and nitrocellulose are located in Central India Guj
Slide 7: Leadership Position In All Business Portfolio
Leadership Position In All Business Portfolio Mining Chemicals Industrial Chemicals Crop Nutrition Business Pioneer in ISO Propyl Alcohol Leading player in Domestic market share Domestic market share specialty and 40% in TAN 53% in CNA’ water-soluble 29% in DNA fertilizers in India 30% in Merchant I
Slide 8: Businesses Demerged for Focused Leadership
Businesses Demerged for Focused Leadership Earlier Corporate Structure Current Corporate Structure DFPCL Industrial Value Added Industrial Value Added Chemicals Real Estate Chemicals Real Estate (IC) (VARE) DFPCL (IC) (VARE) DFPCL (IC & VARE) Crop Technical Crop Nutrition Ammonium Nutrition DMSL Min
Slide 9: Transitioning From Commodity To Specialty
Transitioning From Commodity To Specialty Technical Ammonium ➢ Cartridge Based Explosives Technical Services & TAN Supplier Blast Based Services & Downstream Operations Nitrate (ANS, LDAN, HDAN) ➢ ANFO Based Bulk Explosives (TCO, Down-the-Hole) New Business Models (TAN) Industry Specific Grades Appl
Slide 10: Results Update: Key Highlights of Q2FY25 (Consolidated)
Results Update: Key Highlights of Q2FY25 (Consolidated) Absolute EBITDA Revenue Growth PAT Growth Growth 13% (YoY) 73% (YoY) 237% (YoY) Net Debt to EBITDA EBITDA Margin PAT Margin Growth Growth September 2024: 1.64x March 2024: 2.66 x 619 bps 518 bps (YoY) (YoY)
Slide 11: Consolidated Financial Performance: Q2FY25
Consolidated Financial Performance: Q2FY25 Continued Growth momentum in Q2FY25 with 619 bps Surge in EBITDA Margin Operating Revenues (Rs. Cr) Operating EBITDA (Rs. Cr) and Margins (%) ₹ 600 20.0% ₹ 2719 ₹ 2747 18.0% 18.0% ₹ 500 ₹ 2424 18.2% 16.0% 14.0% ₹ 400 11.8% 13.7% ₹ 1793 11.8% 12.0% ₹ 300 10.
Slide 12: Q2FY25 and H1FY25 Consolidated Financials
Q2FY25 and H1FY25 Consolidated Financials Rs. In Crore INR CR Q2FY25 Q2FY24 YoY Q1FY25 QoQ H1FY25 H1FY24 YoY Operating Revenue 2,747 2,424 13% 2,281 20% 5,028 4,737 6% Operating EBITDA 494 286 73% 464 6% 959 567 69% Margins (%) 18% 12% 619 bps 20% (237) Bps 19% 12% 710 bps Finance Cost 103 107 (4)%
Slide 13: Mining Chemicals Business (TAN): Q2FY25 Performance
Mining Chemicals Business (TAN) : Q2FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights 160 K MT ₹ 700 ₹ 644 140 KMT ₹ 600 ₹ 482 Q2FY25: 120 K MT ₹ 525 ₹ 500 100 KMT ₹ 400 • In Q2 FY25, our premium product LDAN's sales volume soared by 80 K MT 16% YoY and rose by an impressive 20% in
Slide 14: Industrial Chemicals Business: Q2FY25 Performance
Industrial Chemicals Business : Q2FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights 80 KMT ₹ 456 ₹ 499 600 KMT Q2FY25 Overview: 70 KMT ₹ 426 500 KMT 60 KMT 23 KMT 24 KMT • Nitric acid volumes decreased slightly by 1% YoY, and IPA volumes fell by 400 KMT 20 KMT 50 KMT 10% YoY basis.
Slide 15: Crop Nutrition Business: Q2FY25 Performance
Crop Nutrition Business: Q2FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights ₹ 1475 Q2 FY25 Overview: 350 KMT ₹ 1600 ₹ 1263 9 KMT ₹ 1400 300 KMT 55 KMT 250 KMT 9 KMT ₹ 977 ₹ 1200 ▪ In Q2 FY25, manufactured bulk fertilizer has achieved highest ever sales volume 200 KMT 106 KMT 10 KM
Slide 16: Raw Material Price Movement in Last 18 Months
Raw Material Price Movement in Last 18 Months Ammonia Bulk FOB - ME ($/MT) 547 523 464 483 421 405 430 339 319 353 360 362 304 293 299 256 248 254 MAY-23 JUN-23 JUL-23 AUG-23 SEP-23 OCT-23 NOV-23 DEC-23 JAN-24 FEB-24 MAR-24 APR-24 MAY-24 JUN-24 JUL-24 AUG-24 SEP-24 OCT-24 Phosphoric Acid Bulk CFR ($
Slide 17: Historical Consolidated Financials
Historical Consolidated Financials Operating Revenue (Rs. Cr) Operating EBITDA (Rs. Cr) EBITDA Margin (%) 2,165 11,301 19% 18% 8,676 16% 7,663 1,356 1,287 15% 5,808 955 10% 4,685 464 * * FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 PAT (Rs. Cr) Net Debt/Equity (x) EPS (
Slide 18: Attractive Capex of Rs.4,500 crores Underway
Attractive Capex of Rs.4,500 crores Underway TAN Project, Gopalpur Nitric Acid Project, Dahej o Capacity : WNA 300 KTPA & C’NA 150 KTPA o Capacity: 376 KTPA. o Expected Commissioning: H2FY26 o Expected Commissioning: H2FY26 o Post-expansion, total WNA capacity will be closer to o Post-expansion, tot
Slide 19: Strengthening Our Balance Sheet
Strengthening Our Balance Sheet (Rs. CR) Sep-24 Mar-24 Leverage Ratios Sep-24 Mar-24 Change ST Debt 1,099 654 Net Debt/Equity (x) 0.55x 0.63x -0.07 LT Debt 2,276 3,063 Current Maturities 268 329 Net Debt/EBIDTA (x) 1.64x 2.66x -1.01 Total Debt 3,643 4,045 Cash & Cash Equivalent 269 226 • Increase in
Slide 20: Delivering Value to Our Shareholders
Delivering Value to Our Shareholders Market Cap* (Rs. Crores) Shareholding Pattern (Sep 24) Public /Others 13,482 35% Promoters 45% 8,546 6,781 6,917 6,371 2,330 669 FII's 10% DII's Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Jun-24 Sep-24 10% * Market cap represents as on date. Total No. of Shareholders (in
Slide 21: Market Dominance And Demand Outlook Well Aligned With India's Growth Story
Market Dominance And Demand Outlook Well Aligned With India’s Growth Story Capital expenditure Market leadership in projects strategically most categories positioned for emerging opportunities Establishing market Taking strides in Key digitization to enable dominance through strategic initiatives Ta
Slide 22: Recent Awards and Recognition
Recent Awards and Recognition LEADERSHIP (BEST CEO) Won the "Operational Excellence in Logistics" Business Today, named Mr. Sailesh Mehta, award at the prestigious BW (Business World) Chairman & Managing Director, DFPCL as the ‘BT Supply Chain Competitiveness Awards 2023 Won the “Most Preferred Work
Slide 23: Corporate Social Responsibility for Inclusive Community Welfare
Corporate Social Responsibility for Inclusive Community Welfare Project- LEED Project-Aarogyam Project- Vocational Skill Development Project-Dairy Development Yellow Ribbon NGO & Artisan Fair, Pune Mobile Medical Unit, Taloja Banking & Finance course, Pune Support for Purchase of Buffalo. Taloja Gya
Slide 24: Safe Harbour
Safe Harbour: This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Deepak Fertilisers and Petrochemicals Corporation limited’s (DFPCL) futur
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