Slide 1: Q4 & FY23 Results Presentation
www.godeepak.com RESPONSIBLE CHEMISTRY Q4 & FY23 Results Presentation 11 May, 2023 Rs. 8,020 crore Rs. 315 crore Turnover (in FY23) PBT (in Q4 FY23) 17% 12% Q-o-Q
Slide 2: Contents
Contents RESPONSIBLE CHEMISTRY Q4 & FY23 Awards & Company Performance Accolades and Overview Overview & Project Highlights Updates 3 5 8 Q4 & FY23 Performance Financial of Strategic Annexures Highlights Business Units 10 13 16 2
Slide 3: Deepak Nitrite Limited: A Leading Chemical Intermediates Producer
Deepak Nitrite Limited: A Leading Chemical Intermediates Producer RESPONSIBLE CHEMISTRY Company Overview Deepak Nitrite (DNL) is one of the fastest growing and trusted chemical intermediates company in India with a diversified portfolio of products that caters to multiple industries with myriad appl
Slide 4: Company overview: Exemplary track record
Company overview: Exemplary track record RESPONSIBLE CHEMISTRY Seizing the opportunity Excellence in execution Value creation Delivered marked improvement Sustained increase in return ratios, Consistently rewarded across various parameters with zero debt levels shareholders Market Cap. (in ₹ Crore)
Slide 5: Performance highlights – Q4 & FY23 (Consolidated)
Performance highlights – Q4 & FY23 (Consolidated) RESPONSIBLE CHEMISTRY Key numbers Particular Q4 FY23 Q-o-Q Y-o-Y FY23 Y-o-Y (Rs. Crore) 18% 77:23 16% 0.00x Domestic : Exports Consol. Net D/E EBITDA Margin for EBIT Margin for Revenue Mix for Ratio for Revenue 1,974 -2% 5% 8,020 17% Q4 FY23 Q4 FY23
Slide 6: Performance overview & other highlights… (1/2)
Performance overview & other highlights… (1/2) RESPONSIBLE CHEMISTRY ➢ The Board of Directors has recommended a Final Dividend of Rs. 7.5 per equity share (375%) of face value of Rs. 2 each for FY2022-23 ➢ The Phenol plant has clocked utilization of more than 120% for the quarter, and, achieved high
Slide 7: Performance overview & other highlights… (2/2)
Performance overview & other highlights… (2/2) RESPONSIBLE CHEMISTRY ➢ The Company submitted insurance claim for fire at Nandesari Plant. The Company has received an interim payments of ₹11 crore upto March 2023 and a further ₹14 crore in April 2023 aggregating to ₹ 25 crore ➢ Dahej unit of DNL achi
Slide 8: Awards & Accolades
Awards & Accolades RESPONSIBLE CHEMISTRY Deepak Nitrite’s 51st Annual Report won three awards at the League of American Communications Professionals (LACP). The report ranked among Top Business Today awarded Deepak Nitrite's CMD, Mr. Deepak Nitrite's Annual Report 2021-22 received the 100 Reports Wo
Slide 9: Update on Projects
Update on Projects RESPONSIBLE CHEMISTRY Investment in Deepak Chem Tech Limited ➢ DNL has cumulatively invested of ₹405 crore in DCTL upto March 2023 ➢ Out of ₹405 crore received, close to ₹378 crore has already been deployed towards growth projects ➢ DCTL has recruited key team members, including p
Slide 10: Q4 FY23 – Financial Highlights
Q4 FY23 – Financial Highlights RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) EBITDA (Rs. Cr.) PAT (Rs. Cr.) 267 2,004 1,974 414 234 1,876 361 209 328 Q4 FY22 Q3 FY23 Q4 FY23 Q4 FY22 Q3 FY23 Q4 FY23 Q4 FY22 Q3 FY23 Q4 FY23 Y-o-Y 5% Q-o-Q -2% Y-o-Y -13% Q-o-Q 10% Y-o-Y -13% Q-o-Q 12% ➢ DNL's yea
Slide 11: FY23 – Financial Highlights
FY23 – Financial Highlights RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) EBITDA (Rs. Cr.) PAT (Rs. Cr.) 1,067 8,020 1,646 6,845 1,337 852 FY22 FY23 FY22 FY23 FY22 FY23 Y-o-Y 17% Y-o-Y -19% Y-o-Y -20% ➢ Revenue grew strongly due to higher ➢ EBITDA performance was impacted ➢ Profit after tax was lowe
Slide 12: CMD Message
CMD Message RESPONSIBLE CHEMISTRY “Our company has performed well in the fiscal year 2023, with healthy topline growth driven by stable demand and high plant efficiency. We have strengthened our market position in several product portfolios and achieved production and delivery volume benchmarks. Des
Slide 13: Advanced Intermediates
Advanced Intermediates RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) PBT (Rs. Cr.) 759 810 194 135 Q4 FY22 Q4 FY23 Q4 FY22 Q4 FY23 Y-o-Y 7% Y-o-Y -30% Key Highlights ➢ Despite facing global volatility and inflationary pressures, the company was able to cater to healthy demand and fulfill its delivery
Slide 14: Phenolics
Phenolics RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) PBT (Rs. Cr.) 1,131 1,173 180 170 Q4 FY22 Q4 FY23 Q4 FY22 Q4 FY23 Y-o-Y 4% Y-o-Y 5% Key Highlights ➢ DPL achieved strong sales growth as it operated the Phenol plant at high levels with all products achieving production volumes ahead of rated cap
Slide 15: Outlook
Outlook RESPONSIBLE CHEMISTRY ➢ DNL stands to reap the benefits of the 'Make in India for the World' initiative and the resurgence of the China+1 strategy, with a plethora of opportunities emerging in the sector ➢ With projects close to ₹25 billion lined up across its key product lines, DNL is clear
Slide 16: Consolidated P&L Statement
Consolidated P&L Statement RESPONSIBLE CHEMISTRY Particulars ( ₹ crore) Q4 FY23 Q4 FY22 Y-o-Y (%) FY23 FY22 Y-o-Y (%) Revenue 1,961 1,872 5% 7,972 6,802 17% Other Income 13 4 255% 48 43 12% Total Revenue 1,974 1,876 5% 8,020 6,845 17% Total Expenditure 1,613 1,462 10% 6,683 5,199 29% • Raw Material
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet RESPONSIBLE CHEMISTRY As on March 31, As on Sept 30, As on March 31, Particulars (Rs. crore) 2023 2022 2022 Assets Non-Current Assets 2,390 2,219 2,146 Current Assets 2,739 2,450 2,285 Total Assets 5,129 4,669 4,430 Liabilities Shareholders’ Funds 4,090 3,651 3,338 Non-Cur
Slide 18: Consolidated Segmental Financials – Revenue
Consolidated Segmental Financials – Revenue RESPONSIBLE CHEMISTRY Particulars ( ₹ crore) Q4 FY23 Q4 FY22 Y-o-Y (%) FY23 FY22 Y-o-Y (%) Advanced Intermediates 801 750 7% 3,034 2,511 21% Phenolics 1,170 1,128 4% 4,970 4,303 16% Less - Inter segment 9 6 32 12 Total 1,961 1,872 5% 7,972 6,802 17% 18
Slide 19: Consolidated Segmental Financials – EBITDA & Margin
Consolidated Segmental Financials – EBITDA & Margin RESPONSIBLE CHEMISTRY Particulars ( ₹ crore) Q4 FY23 Q4 FY22 Y-o-Y (%) FY23 FY22 Y-o-Y (%) EBITDA Advanced Intermediates 137 193 -29% 555 596 -7% Phenolics 177 176 1% 594 867 -31% EBITDA % Advanced Intermediates 17% 26% 18% 24% Phenolics 15% 16% 12
Slide 20: About Us & Contact Details
About Us & Contact Details RESPONSIBLE CHEMISTRY For further information, please contact: Deepak Nitrite Limited (NSE: DEEPAKNTR, BSE: 506401) is a leading chemical intermediates Somsekhar Nanda producer with a diversified portfolio that caters Chief Financial Officer to the dyes and pigments, agroc
Slide 21: Disclaimer
Disclaimer RESPONSIBLE CHEMISTRY This presentation contains forward-looking statements that involve risks and uncertainties. When used in this presentation, the words ‘anticipate,’ ‘belief,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘will’ and other similar expressions as they relate to the Company and its Bu
Slide 22: Thank You
RESPONSIBLE CHEMISTRY Thank You