India Pesticides Ltd. · NSE:IPL
India Pesticides — Q2 FY2025 Earnings Presentation
33 slides from India Pesticides's earnings presentation, Nov 7, 2024
Slide 1: India Pesticides Limited exchange filing cover letter
INDIA PESTICIDES LIMITED An ISO 9001:2015, 14001:2015, 45001:2018 and 10002:2018 Company CIN No. L24112 UP1984PLC006894 GSTIN- 09AAACI3591D1ZO IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLI
Slide 2: Q2 and H1 FY2025 Investor Presentation
INDIA PESTICIDES LIMITED Q2 and H1 FY2025 Investor Presentation November 2024 www.indiapesticideslimited.com
Slide 3: Index
INDEX Page No. 3-9 Financial Performance Page No. 10-16 Company Overview Page No. 17-21 Growth Strategies Page No. 22-24 Management Page No. 25-30 Sustainability and Key Takeaways 2
Slide 4: Financial Performance
FINANCIAL PERFORMANCE 3
Slide 5: Q2 and H1 FY25 Performance Highlights
Q2 and H1 FY25 Performance Highlights Management Commentary Q2 FY2025 EBITDA Margin PAT Margin “We continued our growth momentum in the second quarter of FY25 and Total Revenue achieved a Revenue growth of 13.6%, driven by increased volumes. This growth was further supported by favourable agricultur
Slide 6: Q2 FY2025 Performance Highlights
Q2 FY2025 Performance Highlights Rs in Cr. Total Income Gross Profit and Margins 234 105 88 224 77 44.8% 39.1% 37.5% 206 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 EBITDA and Margins PAT and Margins 26 39 32 20 19 31 16.6% 11.1% 15.1% 9.5% 14.2% 8.7% Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 INVESTOR
Slide 7: H1 FY2025 Performance Highlights
H1 FY2025 Performance Highlights Rs in Cr. Total Income Gross Profit and Margins 458 193 151 36.7% 42.0% 411 H1 FY24 H1 FY25 H1 FY24 H1 FY25 EBITDA and Margins PAT and Margins 71 45 57 35 13.9% 15.5% 8.5% 9.9% H1 FY24 H1 FY25 H1 FY24 H1 FY25 INVESTOR PRESENTATION Consolidated numbers 6 6
Slide 8: Q2 FY2025 Revenue Break-up
Q2 FY2025 Revenue Break-up Technicals + APIs constitute 61% of revenue during H1 FY2025 Rs in Cr. Technicals + API Q2 FY2025 Revenue Split 707 541 492 43% 274 57% FY22 FY23 FY24 H1FY25 Technical + API Formulations Formulation 188 32% 178 175 175 68% FY22 FY23 FY24 H1FY25 Domestic Exports INVESTOR PR
Slide 9: Q2 FY2025 Performance Summary
Q2 FY2025 Performance Summary YoY QoQ YoY (Rs. In Cr.) Q2 FY25 Q2 FY24 Q1 FY25 H1 FY25 H1 FY24 % % % Total Income 234 206 13.6% 224 4.5% 458 411 11.5% Gross Profit 105 77 35.8% 88 19.7% 193 151 27.8% Gross Margin (%) 44.8% 37.5% 39.1% 42.0% 36.7% EBITDA 39 31 25.2% 32 22.1% 71 57 23.9% EBITDA Margin
Slide 10: Liquidity Profile
Liquidity Profile Cash & bank balances at INR 127 Cr. (Rs. in Cr.) 31st Mar 2023 31st Mar 2024 30th Sep 2024 Cash Flow from Operations (Rs. In Cr.) Cash & Bank Balance including 119 99 140 131 Long term deposit Add Investment 12 10 16 45 Less: Borrowings 4 18 20 17 Net Cash 107 132 127 FY23 FY24 H1
Slide 11: Company Overview
COMPANY OVERVIEW 10
Slide 12: India Pesticides at a Glance
India Pesticides at a Glance Diversified product offerings, ability to develop client specific molecules quickly and efficiently An R&D-driven chemical manufacturer of Agrochem technical & APIs, along with 1 growing Formulation's business 2 Active Manufacturing Facility Sole Indian manufacturer and
Slide 13: Our Journey
Our Journey 2024 2023 Incorporated a new subsidiary “Amona Received Specialities Private 2021 environmental Limited” clearance of India Pesticides Hamirpur Commissioned an 2020 Limited listed on expansion intermediate plant BSE and NSE project towards Backward Acquired Shalvis Integration of one of
Slide 14: Competitive Strengths
Competitive Strengths We believe in People, Process and Productivity and follow highly customer centric approach Diversified and Trusted Global Presence Quality Product In-House R&D in Customer Base Offerings India Tie-ups with top Sales network in 25+ Products comply with Capable of designing chemi
Slide 15: Customer Profile
Customer Profile Long term customer relationships developed over the years driven by quality product offerings Key Customers • Major customers include MNCs that look to collaborate with active ingredient manufacturers in India • Customer relationships are led by the ability to manufacture complex of
Slide 16: Manufacturing Facility and Sales Network
Manufacturing Facility and Sales Network Manufacturing Facilities Manufacturing Facilities Plants as on 30.09.24 Technicals (MTPA) Formulations (MTPA) Presence Sales Network Dewa Road, Lucknow 2,100 3,000 R&D Centers Sandila, Hardoi 22,100 3,500 Upcoming Manufacturing Facility Total 24,200 6,500 Cos
Slide 17: Product Overview
Product Overview Key Technicals Category Application PEDA Intermediate Used For Pretilachlor Pyriproxyfen Insecticides Used in field crops Diafenthiuron Insecticides Used on Cotton plants Prosulfocarb Herbicide Used in field crops, such as, wheat and potatoes Pretilachlor Herbicide Widely used for p
Slide 18: Growth Strategies
GROWTH STRATEGIES 17
Slide 19: Investment Case
Investment Case ❖ R&D focus led to the launch of market-leading products and the receipt of the Technical Equivalence (TEQ) certification from the EU In-house R&D and Backward Integration 1 ❖ In-house R&D and backward integration of process and technology, with 2 in-house R&D centers ❖ Planning to i
Slide 20: Strengths & Strategies
Strengths & Strategies Product portfolio and capacity expansion will be driving factors for growth Strength Strategies R&D and Product Enhancing Deliberated Strong R&D and product development Portfolio Expansion Approach on ESG & HSE capabilities Diversified portfolio of niche and quality o Leveragi
Slide 21: Capex Plans
Capex Plans Consistent efforts towards generating and serving future potential demand Capacity Expansion Sandila + Hamirpur Technology Upgradation Expanding the installed Budgeted Capex of Rs. Company is enhancing its capacity of Intermediate Growing ~110 Crore for FY25 Digital Technology Plant at S
Slide 22: Annual Goals – Actions
Annual Goals – Actions New niche products in • Speeding up the R&D on-going trials on new products portfolio Increasing the market • Improving capacity utilization of plants share of existing products in FY25 • New customers for existing products • Continuous Process Innovation Process • Optimizing
Slide 23: Management
MANAGEMENT 22
Slide 24: Promotor Group and Board Members
Promotor Group and Board Members Anand Swarup Madhu Dikshit Agarwal Mohan V Tanksale Adesh K Gupta Director, Founder Independent Director Independent Director Chairperson and Promoter Vishal Swarup Vishwas Swarup Rajendra S Sharma Dr. Kuruba Adeppa Rahul A Bagaria Agarwal Agarwal Non- Exec
Slide 25: Key Management Personnel
Key Management Personnel Dheeraj Kumar Jain Aditya Kumar Nigam Chief Executive Officer - IPL Chief Executive Officer - SSL Satya Prakash Gupta Narendra Ojha Chief Financial Officer Company Secretary and Compliance Officer INVESTOR PRESENTATION 24 24
Slide 26: Sustainability
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Slide 27: Engagement with Farmers
Engagement with Farmers Empowering Agriculture India Pesticides Limited (IPL) has exemplified its commitment to the farming community by actively engaging with farmers through impactful campaigning and enthusiastic participation in Farmer's exhibitions. Recognizing the crucial role farmers play in o
Slide 28: Awards and Accolades
Awards and Accolades Mr. Satya Prakash Gupta- Awarded by BIS for achieving India Pesticides Limited CFO of IPL received the Five Years of Zero-Defect won ‘CFO Awards’ award from Honorable Excellence of Manufacturing in the Small Enterprises Union Minister Mr Ashiwini ISI marked products Category Vai
Slide 29: Our CSR Involvement
Our CSR Involvement Nirmal Jal Pariyojana Samagra Sudhar Chuppi Tod; Halla Bol Through this project, we have We chose four villages for holistic IPL and NGO "Samadhan Abhiyan" implemented a rooftop rainwater development. We refurbished an unused collaborated with UP Police to raise harvesting system
Slide 30: ESG Initiatives
ESG Initiatives Environment Sustainability E S Socially Responsible Structure G Diversified Board • The ‘Food Forestation’ project • Conducted skill development • A diverse board is essential for transformed idle lands at five specified programs for Aanganwadi workers sustaining our competitive adva
Slide 31: Moving with Commitment
Moving with Commitment Management is committed to continuous growth and sustainability Sustaining HSE & ESG Standards Higher return ratios due to efficient meeting expectations of Global Clients capital and asset utilization Consistent growth with Product portfolio and capacity sustainable margins e
Slide 32: Disclaimer
Disclaimer Certain statements in this presentation concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The company's results may b
Slide 33: Contact
INDIA PESTICIDES LIMITED For further information, please contact S P Gupta Chief Financial Officer India Pesticides Limited +91 522 265 3602 investor@indiapesticideslimited.com Simran Malhotra / Atul Modi Investor Relations Advisor Churchgate Partners +91 22 6169 5988 ipl@churchgatepartners.com www.