Deepak Fertilisers And Petrochemicals Corporation Ltd. · NSE:DEEPAKFERT
Deepak Fertilisers And Petrochemicals — Q1 FY2025 Earnings Presentation
22 slides from Deepak Fertilisers And Petrochemicals's earnings presentation, Jul 31, 2024
Slide 1: Covering letter to stock exchanges
31st July, 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 Presentation
Slide 2: Earning Presentation Q1FY25
(BSE: 500645; NSE: DEEPAKFERT) Earning Presentation Q1FY25 Follow us on 31st July 2024
Slide 3: Content
Content Company Overview Q1FY25 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 2,200+ Employees Technical Crop Nutrition Ammonium Business US$ ~1.5 billion Nitrate (CNB) Market Capitalization (TAN) (as on 30 J
Slide 5: A Strong Competitive Offering
A Strong Competitive Offering Mining Chemicals Industrial Chemicals Crop Nutrition Capacity: Technical Ammonium Nitrate 537 KTPA Capacity: Diluted Nitric Acid 885 KTPA Capacity: NP 300 KTPA (Debottlenecking will add 50 KTPA taking total capacity Concentrated Nitric Acid 231 KTPA NPK 800 KTPA to 587
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: 28 • 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 specialty and 44% in TAN Domestic market share water-soluble 60% in CNA’ fertilizers in India 28% in DNA 39% of Revenue 18
Slide 8: Businesses Demerged for Focused Leadership
Businesses Demerged for Focused Leadership Existing Corporate Structure Resultant 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
Slide 9: Key Highlights Q1FY25
Key Highlights Q1FY25 ✓ Revenue delivered was Rs.2,281 Crores, marginal decline by 1.4% on YoY basis due to lower commodity prices. ✓ EBITDA margin improved to 20.4% against 12.1 % on YoY basis, even without one time impact the margins would have been 17.8%. ✓ Reduction in key RM Prices during Q1FY2
Slide 10: Consolidated Financial Performance: Q1FY25
Consolidated Financial Performance: Q1FY25 Promising Start with 823bps Surge in EBITDA Margin Operating Revenues (Rs. Cr) Operating EBITDA (Rs. Cr) and Margins (%) 800 30.0% 3,031 700 25.0% 600 2,313 2,281 24.4% 20.4%20.0% 500 1,902 19.7% 400 15.2% 12.1% 15.0% 1,382 300 10.0% 200 5.0% 100 272 290 74
Slide 11: Q1FY25 Consolidated Financials
Q1FY25 Consolidated Financials Rs. In Crore INR CR Q1 FY 25 Q1 FY 24* Y-o-Y growth Q4 FY 24^ Q-o-Q growth FY 24 Operating Revenue 2,281 2,313 -1.4% 2,086 9.3% 8,676 Operating EBITDA 464 281 65.5% 438 6.1% 1,287 Margins (%) 20.4% 12.1% 823 Bps 21.0% (63) Bps 14.8% Finance Cost 111 79 40.0% 112 -0.9%
Slide 12: Mining Chemicals Business (TAN): Q1FY25 Performance
Mining Chemicals Business (TAN) : Q1FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights 160 KMT ₹ 660 Q1FY25: 151 KMT ₹ 644 ₹ 640 • Technical Ammonium Nitrate sales volume surged by 23% YoY 140 KMT 137 KMT ₹ 620 ₹ 609 120 KMT ₹ 600 mainly due to improved demand. 100 KMT 111 KMT • ₹ 5
Slide 13: Industrial Chemicals Business: Q1FY25 Performance
Industrial Chemicals Business : Q1FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights Q1FY25: 80 KMT 600 KMT ₹ 519 70 KMT 22 KMT ₹ 397 500 KMT • Nitric acid volumes decreased by 12% YoY. The YoY decline was 60 KMT ₹ 405 50 KMT 21 KMT 400 KMT attributed to an extended repair job at Ta
Slide 14: Crop Nutrition Business: Q1FY25 Performance
Crop Nutrition Business: Q1FY25 Performance Revenue (Rs. Cr) and Sales Volume (KMT) Highlights 250 KMT ₹ 1200 Q1FY25: ₹ 1069 6.9 KMT ₹ 727 10 KMT ₹ 977 ₹ 1000 • During the quarter, sales of manufactured bulk fertilisers was 174 200 KMT 72 KMT 43 KMT 4 KMT ₹ 800 KMT, representing an 11% increase YoY.
Slide 15: Raw Material Price Movement in Last 18 Months
Raw Material Price Movement in Last 18 Months Ammonia Bulk FOB - ME ($/MT) 796 619 547 464 523 483 409 421 359 274 339 304 293 299 325 256 248 254 JAN-23 FEB-23 MAR-23 APR-23 MAY-23 JUN-23 JUL-23 AUG-23 SEP-23 OCT-23 NOV-23 DEC-23 JAN-24 FEB-24 MAR-24 APR-24 MAY-24 JUN-24 Phosphoric Acid Bulk CFR ($
Slide 16: Historical Consolidated Financials
Historical Consolidated Financials Operating Revenue (Rs. Cr) Operating EBITDA (Rs. Cr) EBITDA Margin (%) 11,301 2,165 8,676 19% 18% 7,663 16% 1,356 1,287 15% 5,808 4,685 955 10% 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 17: Project Update: Expansion For Future Ready
Project Update: Expansion For Future Ready TAN Project, Gopalpur Nitric Acid Project, Dahej • The Company is working on a Greenfield project in Gopalpur, Odisha for producing TAN, with a capacity • Strategic expansion of WNA (300 KTPA) and CNA of 376 KTPA at a project cost of Rs. 2,200 Cr. (150 KTPA
Slide 18: Corporate Social Responsibility for Inclusive Community Welfare
Corporate Social Responsibility for Inclusive Community Welfare Sports kits were donated to Shri Bhairavdev High Doorstep health services were provided to FMD Vaccination and Heat Induction School Ritghar, Waje High School, and Annasaheb 8,568 patients through a mobile clinic serving medicine to 335
Slide 19: Recent Awards and Recognition
Recent Awards and Recognition Ishanya Foundation of DFPCL, received the Won the "Operational Excellence in Logistics" “Societal Impact Award” at India's Moment award at the prestigious BW (Business World) Conclave by Y4D Foundation Supply Chain Competitiveness Awards 2023 Won the “Most Preferred Wor
Slide 20: Delivering Value to Our Shareholders
Delivering Value to Our Shareholders Market Cap (Rs. Crores) 8,546 6,781 6,917 6,371 2,330 669 31-Mar-20 31-Mar-21 31-Mar-22 31-Mar-23 28-Mar-24 28-Jun-24 Shareholding Pattern (June 24) Total No. of Shareholders (in 000’) 238 216 Public /Others 194 38% Promoters 173 46% 106 115 FII's 10% DII's 6% Ma
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: 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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