Engro Fertilizers Ltd. · PSX:EFERT
Engro Fertilizers — Q3 2024 Earnings Presentation
17 slides from Engro Fertilizers's earnings presentation, 2024
Slide 1: Agenda
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Agenda 1 EFERT Highlights Industry & EFERT Business 2 Performance 3 Contributions & Challenges 4 Way Forward 5 Q&A Session www.engro.com
Slide 2: 1. EFERT Highlights
Q3 2023 Engro Briefing– Corporate Briefing Q3 2024 Analyst Limited Fertilizers 1. EFERT Highlights www.engro.com
Slide 3: Financial Highlights
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Financial Highlights YTD Financial Revenue Profitability EPS Highlights PKR 171.8 bn PKR 17.9 Bn PKR 13.47 /share 16% vs SPLY 20% vs SPLY vs. 11.27 SPLY Quarterly Financial Revenue Profitability EPS Highlights PKR 58.6 bn PKR 8.6 Bn PKR 6.41 11%
Slide 4: 2. Industry & EFERT Business Performance
Q3 2023 Engro Briefing– Corporate Briefing Q3 2024 Analyst Limited Fertilizers 2. Industry & EFERT Business Performance www.engro.com
Slide 5: Factors affecting Pakistan's agriculture landscape
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Factors affecting Pakistan’s agriculture landscape CHALLENGES OPPORTUNITIES • Reducing interest rate will enable farmer Reduction in Commodity Prices borrowing • Controlled inflation and lower fuel cost will result in lower farmer input cost Cha
Slide 6: Urea Production & Sales Q3 2024
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Urea Production & Sales Q3 2024 UREA – Q3 PRODUCTION' KT UREA – Q3 SALES' KT 692 558 600 577 618 577 489 450 425 466 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 UREA – 9M PRODUCTION' KT UREA – 9M SALES' KT 1694 1716 1744 1726 1560 1568 154
Slide 7: Urea Industry & Market Share Q3 2024
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Urea Industry & Market Share Q3 2024 Urea Industry Sales * Urea Market Share * 1,844 6% 3% 19% 16% 1,535 40% 47% 38% 30% 2023 2024 2023 2024 EFERT FFC Fatima Agri-tech Urea industry has declined by 17% Urea market share declined by 8% www.engro.
Slide 8: DAP Industry & Market Share Q3 2024
Engro Fertilizers Limited – Corporate Briefing Q3 2024 DAP Industry & Market Share Q3 2024 DAP Industry Sales * DAP Market Share * 2% 15% 5% 487 8% 385 77% 59% 16% 18% 2023 2024 2023 2024 EFERT FFC Fatima Private DAP industry has declined by 21% DAP market share improved by 2% www.engro.com * Estima
Slide 9: Urea Inventory
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Urea Inventory INDUSTRY INVENTORY (KT) – Urea * 650 619 550 491 450 350 318 250 150 100 78 50 Q3 20 Q3 21 Q3 22 Q3 23 Q3 24 600 88 500 97 400 198 300 200 100 236 0 Industry Inventory Fatima Efert Agritech FFC • Full year demand expected to remai
Slide 10: DAP Inventory
Engro Fertilizers Limited – Corporate Briefing Q3 2024 DAP Inventory INDUSTRY INVENTORY (KT) – DAP * 650 509 550 450 400 348 350 298 250 150 84 50 Q3 20 Q3 21 Q3 22 Q3 23 Q3 24 400 19 350 55 300 250 158 200 150 100 168 50 0 Industry Inventory Others - Private FFC Efert Fatima • Full year demand expe
Slide 11: 3. Contributions & Challenges
Q3 2023 Engro Briefing– Corporate Briefing Q3 2024 Analyst Limited Fertilizers 3.Contributions & Challenges www.engro.com
Slide 12: Urea – Contributing to the Nation
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Contributing to the Nation Import Substitution - shielding farmers from Contribution to the National Exchequer higher costing international Urea International * Local Urea Urea MRP per bag - PKR 7,118 4,649 The Company contributed ~PKR 31.8 Bn t
Slide 13: Gas Pricing Snapshot
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Gas Pricing Snapshot Gas price increase is only for 60% of the sector. Remaining 40% represents major players, 40% continues at PKR i.e. FFC and Fatima. 580/MMBtu. This gas price increase has resulted in gas cost disparity. It now costs Engro su
Slide 14: 4. Way Forward
Q3 2023 Engro Briefing– Corporate Briefing Q3 2024 Analyst Limited Fertilizers 4. Way Forward www.engro.com
Slide 15: Engro Agri Tech - UgAi
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Engro Agri Tech - UgAi Plan Fertilizer Purchases Digital Platform with Enables the farmers to AI Enabled Services Employ More Efficient Fertilizer Mix Drone Satellite Geo-Fencing Mapping Mapping Quality Genuine Product Seamless Bank Also gives f
Slide 16: Pressure Enhancement Facility
Engro Fertilizers Limited – Corporate Briefing Q3 2024 Way Forward Pressure Enhancement Facility • USD 300Mn CAPEX by the fertilizer industry to enhance gas pressure from Mari field, thereby securing long term sustainability of company operations • Phase 1 • Scope 1: 90% completed, Expected completi
Slide 17: Q&A Session
Session