Basf India Limited · NSE:BASF
Basf India — Investor Presentation (November 2023)
24 slides from Basf India's investor presentation, Nov 17, 2023
Slide 1: Exchange intimation letter for analysts meeting
BASF India Limited, Mumbai - 400 051, India November 17, 2023 The Market Operations Department BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001 Name of the Company : BASF INDIA LIMITED Security Code No. : 500042 Dear Sir/Madam, Re: Analysts / Fund Managers Meeting of BASF India Li
Slide 2: Analysts / Fund Managers Meeting
Analysts / Fund Managers Meeting BASF India Limited Alexander Gerding Managing Director Narendranath J. Baliga Chief Financial Officer Mumbai, November 17, 2023 Internal
Slide 3: Introduction to BASF participants present today
Introduction to BASF participants present today Mr. Alexander Gerding Mr. Narendranath Baliga Mr. Anil Choudhary Mr. Manohar Kamath Managing Director, Chief Financial Officer, Whole-time Director, & Director- Legal, General BASF India Limited BASF India Limited Head of Manufacturing Counsel (India)
Slide 4: Forward looking statements
Forward looking statements… Only matters in the public domain can be subject matter of discussion in this meeting As a matter of policy, we do not provide any forecast about the future business situation We do not comment or give guidance on future results or business outlook Internal
Slide 5: Fostering safety mindset
Fostering safety mindset Mangalore site employees commemorate Global Safety Week in August 2023 with trainings and activities Internal
Slide 6: EHS remains top priority
EHS remains top priority Continuous emphasis to foster safety culture and mindset Jan-Sept 22 Jan-Sept 23 High Severity Incident 0 0 High Severity - Process Safety 0 0 Incident Internal
Slide 7: BASF wins key recognition at Indian Chemical Council Awards
BASF wins key recognition at Indian Chemical Council Awards BASF India Limited awarded as Best Responsible Care Company in Sept 2023 Internal
Slide 8: India reflections
India reflections Macroeconomy Industries Automotive: Domestic industry Resilient GDP growth Robust showingfestive Automotive good sales growth demand Construction: Slow down Stabilizing inflation and Strong construction activities compared to PY interest rates Agriculture: Delayed Growth Mons
Slide 9: Our Financial Performance
Our Financial Performance Internal
Slide 10: Segment revenue breakup
Segment revenue breakup Rs Crores Apr 23 to Sep 23 Others 50 (1%) Agricultural Solutions Chemicals 1,229 (17%) 856 (12%) Agricultural Materials Industrial Solutions • Performance Solutions Nutrition & Care Materials 1,458 (21%) • Dispersions • Monomers • Performance Chemicals Total 7,082 Materials S
Slide 11: Financial performance
Financial performance Rs Crores QoQ Half Yearly +3% -5% 3,707 7,470 3,582 7,082 -15% 413 +34% 352 200 149 Jul- Jul- Jul- Jul- Apr- Apr- Apr- Apr- Sep 22 Sep 23 Sep 22 Sep 23 Sep 22 Sep 23 Sep 22 Sep 23 Revenue PBT bEI Revenue PBT bEI Strong volume growth, impacted by lower price realization PBT bEI:
Slide 12: Quarterly performance
Quarterly performance Rs Crores Revenue from Operations PBT before Exceptional Items -5% -15% CAGR* 22% 264 248 +3% +34% 3,888 3,707 197 200 3,582 183 3,405 3,390 3,375 171 179 3,292 3,277 149 152 3,013 137 2,898 2,805 111 97 2,460 2,507 18 S’20 D’20 M’21 J’21 S’21 D’21 M’22 J’22 S’22 D’22 M’23 J’23
Slide 13: Net Working Capital development
Net Working Capital development Net Working Capital Rs Crores Rs Crores 6,000 1,617 1,487 1,465 5,000 1,500 1,278 1,248 1,261 1,214 1,214 2,305 1,144 4,000 1,189 1,943 2,142 2,217 1,536 1,752 1,757 2,146 1,799 1,000 3,000 881 1,692 923 1,821 1,047 1,254 2,000 611 2,919 2,425 2,364 2,621 2,564 2,345
Slide 14: Revenue development by segment
Revenue development by segment Rs Crores Half year ended September 2023 7,470 107 22 217 41 107 399 7,082 5 Revenue Agricultural Materials Industrial Surface Nutrition Chemicals Others Revenue Apr-Sep 22 Solution Solutions Technologies & Care Apr-Sep 23 Revenue Apr-Sep 23 (abs.) 1,229 1,985 1,068 43
Slide 15: Results development by segment
Results development by segment Rs Crores Half year ended September 2023 95 151 413 15 10 60 33 352 19 PBT bEI Agricultural Materials Industrial Surface Nutrition Chemicals Others & PBT bEI Apr-Sep 22 Solution Solutions Technologies & Care Unallocated Apr-Sep 23 PBT bEI Apr-Sep 23 (abs.) 310 15 74 6
Slide 16: Key Performance Indicators
Key Performance Indicators HY HY HY HY 23-24 22-23 23-24 22-23 Receivable EBIT bEI 65 63 61 65 63 5.1% 5.7% Days (% to Revenue) Inventory 60 62 58 60 ROCE* 17.1% Days 12.9% (%) Cash flow from Operations 342 39 RONA* 12.3% 13.0% (Rs. Crs) (%) Operating Exps 7.6% 7.7% EPS bEI* 60.5 71.6 (% to Revenue)
Slide 17: Stakeholder connects & recognition
Stakeholder connects & recognition Internal
Slide 18: Digitalization in action
Digitalization in action Agricultural Solutions: AgShop Enhancing customer experience via AgShop – a digital business management tool from BASF Internal
Slide 19: Connecting with industry & academia
Connecting with industry & academia BASF participation in FICCI and DCPC panel discussion “Roadmap to Net Carbon Zero” in Jul 2023 Internal
Slide 20: Avtar - the power of diversity & Seramount recognizes BASF again
Avtar - the power of diversity & Seramount recognizes BASF again BASF selected for the 6th year in a row as a recipient of Nov 2023 Avtar & Seramount – 100 Best Companies for Women in India awards 17.11.2023 Internal
Slide 21: CSR efforts towards inclusion of women in chemical industry
CSR efforts towards inclusion of women in chemical industry BASF launched We-CHEMIE in collaboration with Somaiya Vidyavihar University and Indian Chemical Council enabling women from disadvantaged communities to make strong careers in the industry in Oct 2023 Internal
Slide 22: Best supplier award from Gabriel India Limited
Best supplier award from Gabriel India Limited BASF wins the Best Supplier Award from key automotive customer in Aug 2023 Internal
Slide 23: Summary and our focus areas
Summary ■ Strong Q2 financial performance despite continued margin pressures ■ As a responsible chemicals manufacturer, BASF continues to be recognized as a partner of choice by customers and stakeholders Our focus areas ■ Sustained profitable growth by staying close to our customers ■ Maintain prud
Slide 24: Internal
O- BASF We create chemistry