National Fertilizers Ltd. · NSE:NFL

National Fertilizers — Q4 FY2023 Earnings Presentation

30 slides from National Fertilizers's earnings presentation, Mar 31, 2023

  1. Slide 1: National Fertilizers Limited Earning Presentation

    National Fertilizers Limited Earning Presentation Quarter and Year Ended March 31st 2023 1

  2. Slide 2: Company at a Glance

    Company at a Glance Incorporated on 23rd August, 1974. Schedule A and Miniratna (Category-I) Central Public Sector Enterprise 2nd largest Urea Player in India Share Capital Details as on 31st March 2023 Shareholding Pattern as on 31st March 2023 1000 2773.83 12.34% Crore Crore 12.95% 490.58 Crore

  3. Slide 3: Vision & Mission

    Vision & Mission Vision “To be a leading Indian company in fertilizers and beyond with commitment to all stakeholders.” Mission Committed to serve Farming + Timely supply of Fertilizers and + Quality Assurance Community & Other Customers other services Safety Measures + Ethical Practices + Professio

  4. Slide 4: Manufacturing Edge

    Manufacturing Edge NFL has its plants strategically located in key crop producing states Nangal, Punjab All plants ISO-9001-2008, ISO-14001-2004 & OHSAS-18001 certified Urea Capacity (RAC) 4.79 LMT p.a. Nitric Acid Capacity 182820 MT p.a. Ammonium Nitrate Capacity 1,18,800 MT p.a. RFCL (JV), Telanga

  5. Slide 5: Marketing Territories

    Marketing Territories Noida Central Marketing Chandigarh Office Zonal Marketing Office 2,700+ Dealers Pan India Distribution Network Lucknow Zonal Marketing Office Mundra (Gujarat) Port* Tuna (Gujarat) Bhopal Port* Zonal Marketing Office Kandla (Gujarat) Port* Pradeep (Odisha) Port* Pipavav (Gujarat

  6. Slide 6: Multi-product Company with an established Brand – Kisan

    Multi-product Company with an established Brand – “Kisan” All Fertilizers & Agri Input Offerings Bharat Urea Bharat DAP Bio Fertilizers Traded Products • DAP • Calcium Nitrate • MOP • Compost • NPK • Certified Seeds • NPS, APS • Agrochemicals • WSF • Bentonite Sulphur • Potash from Molasses Bentonit

  7. Slide 7: Performance Trends

    Vol Uh Ces “—S e2 REREQRMANCE r% ' ~ TRENDS ‘

  8. Slide 8: Production of Urea

    PRODUCTION OF UREA Capacity utilization 121.81% w.r.t. RAC in % 117.59% 115.35% 119.46% 109.06% (LMT) 39.35 38.59 TOTAL 37.99 37.27 35.23 VIJAIPUR-II VIJAIPUR- I BATHINDA 11.87 11.26 10.53 11.32 9.54 PANIPAT 10.5 9.66 9.84 10.28 NANGAL 10.41 5.83 5.28 5.77 5.63 5.84 5.70 4.68 5.83 5.52 5.74 5.45 5.3

  9. Slide 9: Plant-wise On Stream Days

    PLANT – WISE ON STREAM DAYS 359 348 329 348 296 344 325 330 343 VIJAIPUR-II 354 VIJAIPUR- I 354 354 344 355 BATHINDA 325 PANIPAT 346 286 356 335 347 NANGAL 341 331 336 349 331 2022-23 2021-22 2020-21 2019-20 2018-19 9

  10. Slide 10: Sale of All Fertilizers (Quantity) LMT

    Sale of All Fertilizers (Quantity ) LMT 80.00 (LMT) 70.00 9.01 60.00 0.49 0.34 4.56 Indigenous Traded Fertilizers 50.00 17.53 19.03 0.21 20.52 15.27 9.68 40.00 Imported Traded Fertilizers 30.00 Own Manfactured Fertilizers (Urea, Bio, 20.00 Bentonite Sulphure) 40.18 39.86 36.17 39.05 34.76 10.00 0.00

  11. Slide 11: Financial Performance at a Glance

    FINANCIAL PERFORMANCE AT A GLANCE 29809 (Rs. Crore) 29199 15883 Total Income 11939 13192 12481 15738 Total Expenses 12276 10992 11416 2022-23 2021-22 2020-21 2019-20 2018-19 EBITDA (Revenue from operation- Total Expenses) Profit Before Tax Profit After Tax 1200 610 1072 456 464 1000 1013 914 343 298

  12. Slide 12: Finance Cost

    FINANCE COST FY 22-23 FY 21-22 FY 20-21 FY 19-20 FY 18-19 ₹ 301.64 Crore ₹ 132.96 Crore ₹ 291.23 Crore ₹ 405.48 Crore ₹ 316.36 Crore 12

  13. Slide 13: Key Financial Ratio

    KEY FINANCIAL RATIO Earning Per Share (Rs. 10/- each) Current Ratio (Rs./Share ) (No. of Times) 10 9.3 1.16 9 1.15 8 1.14 1.14 7 1.12 1.11 6 6.08 1.1 5 5.09 1.08 4 3 1.06 1.06 1.06 2 2.21 1.04 1 1.02 0 0 1 2018-19 2019-20 2020-21 2021-22 2022-23 2018-19 2019-20 2020-21 2021-22 2022-23 Return on Capi

  14. Slide 14: Performance for the Financial Year 2022-23

    PERFORMANCE FOR THE FINANCIAL YEAR 2022-23 14

  15. Slide 15: Sales Performance Highlights

    SALES PERFORMANCE HIGHLIGHTS SALES OF OWN MANUFACTURED FERTILIZERS SALES OF TRADED FERTILIZERS 30 42 25 40 20 38 15 26.54 36 40.18 10 19.84 34 5 34.76 32 0 2022-23 2021-22 2022-23 2021-22 (LMT) SALES OF ALL FERTILIZERS 80 70 60 50 40 30 66.72 54.6 20 10 0 2022-23 2021-22 15

  16. Slide 16: Production & Purchase Performance

    PRODUCTION & PURCHASE PERFORMANCE PRODUCTION OF OWN FERTILIZERS PURCHASE OF TRADED FERTILIZERS 40 30 25 38 20 36 15 28.52 39.58 10 22.43 34 35.41 5 32 0 2022-23 2021-22 2022-23 2021-22 (LMT) PRODUCTION AND PURCHASE OF ALL FERTILIZERS 70 65 60 68.1 55 57.84 50 2022-23 2021-22 16

  17. Slide 17: Financial Performance

    FINANCIAL PERFORMANCE Rs. Crore FY 2022-23 FY 2021-22 Total Revenue from Operations 29616.52 15857.09 EBITDA 1071.63 586.72 PBT 609.77 144.82 PAT 456.10 108.20 17

  18. Slide 18: Key Financial Ratios

    KEY FINANCIAL RATIOS FY 22-23 FY 22-23 3.56 2.26 FY 22-23 FY 22-23 9.30 FY 21-22 1.44 FY21-22 3.11 1.59 FY 21-22 FY 21-22 2.21 1.37 Interest Debt Service Service Coverage Coverage Earning Ratio Ratio Debt Equity Per Share No. of Times No. of Times Rs/Share Ratio No. of Times 18

  19. Slide 19: Finance Cost

    FINANCE COST Rs. Crore FY 2022-23 FY 2021-22 Interest on Long Term Loans 53.60 A 34.11 Interest on Long Term Loans Interest on Working Capital 248.04 B 98.85 Interest on Working Capital Loans Loans Total Finance Cost 301.64 A+B 132.96 Total Finance Cost 19

  20. Slide 20: Energy Consumption

    ENERGY CONSUMPTION (Gcal/MT OF UREA) Energy Norms for Actual Energy Units 2022-23 2022-23 Nangal 6.500 6.274 Panipat 6.500 6.334 Bathinda 6.500 6.357 Vijaipur I 5.860 5.620 Vijaipur II 5.500 5.426 20

  21. Slide 21: Performance for the Quarter Ended March-2023

    PERFORMANCE FOR THE QUARTER ENDED MARCH-2023 21

  22. Slide 22: Sales Performance Highlights

    SALES PERFORMANCE HIGHLIGHTS SALES OF OWN MANUFACTURED FERTILIZERS SALES OF TRADED FERTILIZERS 10.5 (LMT) 7.00 10 6.80 9.5 9 6.60 6.96 10.04 8.5 6.40 8 8.61 6.5 7.5 6.20 Q4 FY 22-23 Q4 FY 21-22 Q4 FY 22-23 Q4 FY 21-22 SALES OF ALL FERTILIZERS 17.50 17.00 16.50 16.00 15.50 17.00 15.00 14.50 15.11 14.

  23. Slide 23: Production & Purchase Performance

    PRODUCTION & PURCHASE PERFORMANCE PRODUCTION OF OWN FERTILIZERS PURCHASE OF TRADING FERTILIZERS (LMT) 10.5 7.8 7.6 10 7.4 9.5 7.2 10.13 7.59 7 9 9.18 6.8 7 8.5 6.6 Q4 FY 22-23 Q4 FY 21-22 Q4 FY 22-23 Q4 FY 21-22 PRODUCTION AND PURCHASE OF ALL FERTILIZERS 17.2 17.1 17 16.9 16.8 17.13 16.7 16.6 16.77

  24. Slide 24: Financial Performance

    FINANCIAL PERFORMANCE Rs. Crore JAN-MAR 2023 JAN-MAR 2022 Total Revenue from Operations 6267.84 4442.29 EBITDA (330.82) 180.81 PBT (359.37) 63.65 PAT (268.87) 48.17 24

  25. Slide 25: Plant-wise On Stream Days

    Plant-wise On Stream Days 89 VIJAIPUR-II 82 90 VIJAIPUR- I 88 BATHINDA 90 PANIPAT 78 NANGAL 89 42 89 89 Q4 FY 22-23 Q4 FY 21-22 25

  26. Slide 26: Segment Results

    SEGMENT RESULTS 26

  27. Slide 27: Segment Performance for FY 2022-23

    SEGMENT PERFORMANCE FOR FY 2022-23 SEGMENT REVENUE SEGMENT RESULT AS PER IND-AS Rs. Crore Rs. Crore 1041 3.51 % Own Fertilizers (Urea, BS Own Fertilizers (Urea, BS and Bio-fertilizers) 361 and Bio-fertilizers) 9162 Fertilizer Trading Fertilizer Trading 30.94 % 985 19414 Other Products and -367 Servi

  28. Slide 28: Consolidated Accounts

    CONSOLIDATED ACCOUNTS 28

  29. Slide 29: Consolidated Accounts

    CONSOLIDATED ACCOUNTS Rs. Crore STANDALONE CONSOLIDATED Particulars FY 2022-23 FY 2021-22 FY 2022-23 FY 2021-22 Revenue from operations 29616.52 15857.09 29616.52 15857.09 Total Expenses 28897.73 15604.92 28897.73 15604.92 Profit/(Loss) from operations before other income, 718.79 252.17 718.79 252.1

  30. Slide 30: Thank You

    THANK YOU 30

National Fertilizers — Q4 FY2023 Earnings Presentation on 6ix