Ig Petrochemicals Ltd. · NSE:IGPL
Ig Petrochemicals — Q3 FY21 Earnings Presentation
23 slides from Ig Petrochemicals's earnings presentation, Feb 12, 2021
Slide 1: Investor Presentation – Regulation 30 filing letter
12th February, 2021 SECT/1042 BSE Limited The National Stock Exchange of India Ltd. Corporate Relationship Department Exchange Plaza 1st Floor, P J Towers Bandra Kurla Complex Dalal Street Bandra (East) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 500199 Scrip Code: IGPL Dear Sir, Sub: Investor Pre
Slide 2: I G Petrochemicals Limited Investor Presentation – February 2021
I G Petrochemicals Limited Investor Presentation – February 2021 1
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of I G Petrochemicals Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or
Slide 4: Company Overview
cru Company Overview
Slide 5: Company Overview
Company Overview India’s Largest Phthalic Anhydride (PAN) manufacturer and 2nd largest in the world PAN is a downstream product of Orthoxylene (OX) a basic Petrochemical Plants are situated at Taloja and are engineered & designed with modern technologies. Steam generated from the production process
Slide 6: Manufacturing Capacity
Manufacturing Capacity 302,110 222,110 PA 4 80,000 De-bottlenecking 169,110 PA 3 53,000 53,000 116,110 PA 2 53,000 53,000 53,000 63,110 45,000 53,000 53,000 53,000 53,000 PA 1 18,110 18,110 18,110 18,110 18,110 45,000 45,000 45,000 45,000 45,000 45,000 1992 1996 2000 2014 2020 2024e Phthalic Anhydri
Slide 7: Greenfield Expansion
Greenfield Expansion Proposed expansion of Phthalic Anhydride (PAN) & its Derivatives Plants Total PAN Capacities Post Expansion (MTPA) 36% 3,02,110 Greenfield Capacity Addition ~222,110 80,000 of PAN up to 80,000 MTPA 1,69,110 53,000 & its Derivatives Products in Gujarat Pre Recently Greenfield Pos
Slide 8: Key Strengths
cru Key Strengths
Slide 9: Key Competitive Strengths
Key Competitive Strengths Capacity Utilized Recovery Process Strong Clientele High Capacity Utilization with Steam generated from Diversified Product Use in Multiple Annual contract for its sales to Processes are utilized Industries Indian Customers efficiently Low Customer Concentration Low Cost Pr
Slide 10: Industry Overview
cru Industry Overview
Slide 11: Industry & Outlook
Industry & Outlook Imports Imports have risen Infrastructure continuously in the last 3 Infrastructure Development years on back of high Development domestic demand High government spending Highest Budget by the for Infrastructure FY18 – ~1,00,000 MT government for Development FY19 – ~1,40,000 MT In
Slide 12: Huge Domestic Opportunity
Huge Domestic Opportunity Low per capita consumption of End User Industry of PAN in India 20.0 India Consumption World Consumption 17.0 17.0 4.0 3.0 3.0 1.4 2.1 1.6 1.7 1.2 0.2 Polyesters Plastics Synthetic Rubber Synthetic Fibre Polymer Paints Opportunity…. 2x 6x 9x 4x 8x 9x End User Industry expec
Slide 13: End User Industry & Application of PAN
End User Industry & Application of PAN PLASTICIZERS Used in manufacturing of poly vinyl chloride (PVC) products which is used for manufacturing a ALKYD RESINS & PAINTS range of consumer care, personal care and home care products like shoes, wires & cables, pipes & Used in manufacturing of paints and
Slide 14: Maleic Anhydride
Maleic Anhydride India’s only manufacturer of Maleic Anhydride; made through wash water which gets derived through manufacturing of PAN END USER INDUSTRY • Spandex (Elastics) Indian Market Size for Maleic Anhydride (MA) is ~70,000 -75,000 MTPA • Unsaturated Polyester Resins (UPR) • Lubricating Oil A
Slide 15: Quarterly Highlights
cru Quarterly Highlights
Slide 16: Financial Highlights – Q3 FY21 (Y-o-Y)
Financial Highlights – Q3 FY21 (Y-o-Y) Rs. Crores Revenue^ EBITDA^ PAT 14% 433% 1,305% 315 97 63 277 18 4 Q3FY20 Q3FY21 Q3FY20 Q3FY21 Q3FY20 Q3FY21 EBITDA Margin^ (%) PAT Margin (%) 30.8% 19.9% 6.6% 1.6% Q3FY20 Q3FY21 Q3FY20 Q3FY21 ^ Includes Other Income * On Consolidated Basis 15
Slide 17: Financial Highlights – 9M FY21 (Y-o-Y)
Financial Highlights – 9M FY21 (Y-o-Y) Rs. Crores Revenue^ EBITDA^ PAT 159% 422% -12% 794 156 88 702 60 17 9MFY20 9MFY21 9MFY20 9MFY21 9MFY20 9MFY21 EBITDA Margin^ (%) PAT Margin (%) 22.3% 12.6% 7.6% 2.1% 9MFY20 9MFY21 9MFY20 9MFY21 ^ Includes Other Income * On Consolidated Basis 16
Slide 18: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Crores)* Q3FY21 Q3FY20 Y-o-Y 9MFY21 9MFY20 Y-o-Y FY20 Total Revenue ^ 315.5 276.6 14% 701.6 794.4 -12% 1,064.8 Total Raw Material 171.9 217.4 426.5 602.7 817.2 Employee Expenses 15.4 15.4 45.2 43.9 60.2 Other Expenses 31.1 25.6 73.8 87.7 109.4 EBITDA^ 97.1 18
Slide 19: Capacity Expansions & Strategies
Capacity Expansions & Strategies 18
Slide 20: Capacity Expansions & Strategies
Capacity Expansions & Strategies PA 4 Plant Advance Plasticizers Greenfield Expansion • Project Cost : Rs 370 Crores • Project Cost : Rs 30 Crores • Project Cost : ~Rs 600 Crores • PAN Capacity of 53,000 MTPA • Capacity of 8,400 MTPA • Expected to be commissioned in • Capacity commissioned in • Capa
Slide 21: Financial Highlights
cru Financial Highlights
Slide 22: Financial Highlights
Financial Highlights Revenue^ (Rs. Crores) EBITDA^ (Rs. Crores) and Margin % 5.0% 6.8% 11.9% 16.2% 23.4% 17.3% 6.8% 22.3% 1,304 267 1,204 1,187 1,144 1,037 1,059 226 953 168 156 702 113 80 72 60 FY14 FY15 FY16 FY17 FY18 FY19 FY20 9MFY21 FY14 FY15 FY16 FY17 FY18 FY19 FY20 9MFY21 PAT (Rs. Crores) and
Slide 23: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : I G Petrochemicals Ltd Strategic Growth Advisors Pvt. Ltd. CIN: L51496GA1988PLC000915 CIN: U74140MH2010PTC204285 Mr. Pramod Bhandari - CFO Mr. Shrikant Sangani pbhandari@igpetro.com shrikant.sangani@sgapl.net +91 9619595