Deepak Fertilisers And Petrochemicals Corporation Ltd. · NSE:DEEPAKFERT
Deepak Fertilisers And Petrochemicals — Q4 FY2022 Earnings Presentation
24 slides from Deepak Fertilisers And Petrochemicals's earnings presentation, May 25, 2022
Slide 1: Covering letter to stock exchanges
25th May, 2022 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 f
Slide 2: Earnings Presentation Q4 FY2022
(BSE: 500645; NSE: DEEPAKFERT) Earnings Presentation Q4 FY2022 25th May 2022 MINING CHEMICALS INDUSTRIAL CHEMICALS CROP NUTRITION (BSE: DFPCL - GROW FOR 500645; INDIA, GROWNSE: WITH DEEPAKFERT) INDIA
Slide 3: Consolidated FY22 Financial Performance
2 Consolidated FY22 Financial Performance ➢ Deepak Fertilisers Revenues Crosses Rs. 7,500 Cr and PBT crosses Rs. 1,000 Cr PAT ➢ Net Debt reduction of Rs. 400 Cr; Net Debt/ Equity improved to 0.35x (FY21: 0.65x) Revenue EBITDA PAT ➢ Strong Cash Flow Generation from Operation of Rs. 1,211 Cr in FY22 I
Slide 4: Consolidated Financial Highlights
3 Consolidated Financial Highlights Strong top line growth and margin enhancement primarily supported by robust demand, improved realization and strategic initiatives being undertaken at the marketplace Y-o-Y Q-o-Q Y-o-Y Finance Cost in Q4 reduced by approx. 20% Y-o-Y Q4FY22 Q4FY21 Q3FY22 FY22 FY21
Slide 5: Cash Flow Generation
4 Cash Flow Generation Continued strong Cash Flow Generation & robust Working Capital Management helped meeting capex requirement Rs. Cr FY22 Cash Flow from Operations Cash Flow from Operations 1,211 1,310 1,248 1,211 Capex (990) Change in Borrowings 157 578 Liquid Investment (410) Others 35 FY19 FY
Slide 6: Consolidated Capital Structure
5 Consolidated Capital Structure Significant Improvement in Leverage Ratio; Net Debt/ Equity improved to 0.35x (Rs. CR) Mar-22 Sept -21 Mar-21 Leverage Ratios Mar-22 Mar-21 Change ST Debt - 78 110 Current Maturities 263 224 217 Net Debt/Equity (x) 0.35 0.65 (0.30) LT Debt 2,321 1984 2,187 Net Debt/E
Slide 7: Synergistic Business Model
6 Synergistic Business Model Quarterly Operating EBITDA Margins improved from 7% to 25% between 2019 - 2022 Operating Revenue (Rs. Cr) Production Flow Chart Natural Phosphoric RGP Sulphur gas Acid, MOP 2,012 1,575 1,294 1,293 Methanol Ammonia NPK Q4FY19 Q4FY20 * Q4FY21 Q4FY22 *Cautiously consolidate
Slide 8: Quarterly Performance Trend
7 Quarterly Performance Trend 91% of Segment Profit contributed from Chemical segment (88% in Q4 FY21) Chemicals Business Fertilisers Business Revenues (Rs. Cr) Revenues (Rs. Cr) 1,500 702 506 870 Q4FY21 Q4FY22 Q4FY21 Q4FY22 Segment Profit (Rs. Cr) Segment Profit (Rs. Cr) 524 54 37 232 Q4FY21 Q4FY22
Slide 9: Pharma / Speciality Chemicals Business Review
8 Pharma / Speciality Chemicals Business Review Quarterly Performance Trend Shift of global supply chain trend towards India to continue to drive strong demand of Nitric Acid from downstream customers Pharma / Speciality Chemicals (IPA+NA) Operational Highlights (Manufactured Sales Rs. Cr) • The rob
Slide 10: Mining Chemicals Business Review
9 Mining Chemicals Business Review Quarterly Performance Trend Demand for explosives are expected to improve with the positive outlook for infrastructure, power and mining sectors Mining Chemicals (TAN) Revenue Operational Highlights (Manufactured Sales Rs. Cr) • In Q4 FY22, Coal India’s Overburden
Slide 11: CNB Business Review
10 CNB Business Review Quarterly Performance Trend Strategically directed efforts right from Crop Specific product to farmer-focused marketing drive are expected to benefit DFPCL’s market share and margins Fertilisers Revenue (Manufactured Sales Rs. Cr) Operational Highlights (NP + NPK + Bensulf) •
Slide 12: Moving towards Crop Nutrient Solution
11 Moving towards Crop Nutrient Solution Croptek Onion Croptek Sugarcane Croptek Cotton Successfully launched three Crop Nutrient Solution
Slide 13: Farmer Offline Engagement Activities
12 Farmer Offline Engagement Activities
Slide 14: Raw Material Price Movement Trend
13 Raw Material Price Movement Trend Movement in last 11/2 Year Ammonia Bulk FOB -ME ($/MT) 1,134 900 913 874 803 599 632 614 588 606 501 513 433 280 329 251 239 244 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Phos Aci
Slide 15: Update on Upcoming Projects
14 Update on Upcoming Projects Clearly defined investment program; strong track record of peak utilization demonstrated at Dahej plant Ammonia • Total planned Investment: Rs 4,350 cr • Balance investment: Rs. 1,867 cr • Cost incurred to date: Rs. 2,483 cr • Expected commissioning: Q1 FY24 • Debt inc
Slide 16: PCL- Ammonia Project – Status Of Jun 2021 Vs May 2022
15 PCL- Ammonia Project – Status Of Jun 2021 Vs May 2022 June 2021 May 2022 Construction commenced in 5 areas Construction Going on in 18 areas in ❖ Substation ❖ Civil & Structural Work ❖ Reformer structure ❖ Equipment erection ❖ Peripheral Roads ❖ Piping Work ❖ Monsoon Preparation ❖ Electrical ❖ Bo
Slide 17: Aerial View Of Plot
16 June 2021 May 2022 Aerial View Of Plot
Slide 18: Water Sub-Station
17 June 2021 May 2022 Water Sub-Station ISBL Plant Area
Slide 19: OSBL Tank Area
18 June 2021 May 2022 OSBL Tank Area ISBL Area
Slide 20: Capital Market Scorecard
19 Capital Market Scorecard Promoters’ pledged shares now restricted to 6.94% of paid-up share capital. NDU obligation (and not ‘pledge’) of 6.24% of paid-up share capital after release of 20,14,431 (NDU) and 3,40,56,875 (Negative Lien) in April 2022 Total Shares Outstanding Key Institutional Invest
Slide 21: Capital Market Interactions
20 Capital Market Interactions Encouraging feedback received from investors and analysts on plant ‘FIRST EVER’ VIRTUAL INVESTOR MEET visit April 2022 Jan 2022 Virtual meet with Investors and Analysts held in Jan 2022; 14 reputable institutional investors and Analysts visited DFPCL Taloja and 3.5 Hou
Slide 22: Corporate Social Responsibility Recent Awards
21 Corporate Social Responsibility Recent Awards Received Certificate of Received Certificate of Vegetable Cultivation and Support Support Given to aspirants for Appreciation from National Safety Appreciation from National Safety for Water Resource development purchase of cow along with Council for
Slide 23: Key Messages
22 Key Messages DFPCL caters to strategic sectors of the Indian economy, with diversified product portfolio catering towards them…………….. • Q4 FY22 Revenue growth +28%, Operating EBITDA and Net Profit growth of 84% and 144%, respectively • Market leadership in all key product segments and strong dema
Slide 24: 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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