Oriental Aromatics Ltd. · NSE:OAL
Oriental Aromatics — Investor Presentation (June 2024)
33 slides from Oriental Aromatics's investor presentation, Jun 24, 2024
Slide 1: Stock exchange disclosure letter under Regulation 30
Ref: OAL/BSE/NSE/32/2024-25 24th June, 2024 To To The Manager The Manager Department of Corporate Services, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai - 40
Slide 2: Investor Presentation - June 2024
\ INVESTOR PRESENTATION - JUNE 2024
Slide 3: Executive Summary
E X E C U TI V E S U M M A R Y OVERVIEW FY24 CONSOLIDATED FINANCIALS • Oriental Aromatics Ltd. is one of the largest Indian manufacturers of a variety of Aroma Chemicals, Camphor, OP. INCOME – INR 8,364 Mn Fragrances and Flavours. • The company is one of the privileged few integrated PBT - INR 141 M
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
C O MPANY O VE RVIE W • The Fragrance and Flavours business of Oriental Aromatics was founded by Mr. Keshavlal Bodani in 1955 and has been nurtured and handed down to three generations of the Bodani’s. OP ERATION A L REVEN UE, PAT & EBITDA • In August 2008, Oriental Aromatics Ltd. acquired a control
Slide 6: Value Chain
VA L UE C HAIN SOURCES OF RAW MATERIALS RAW MATERIALS PRODUCTS/BLENDS APPLICATIONS INCENSE STICKS AIR FRESHENERS AROMA INGREDIENTS • Specialty Aroma Chemicals PINE TREE • Pine Oil COSMETICS • Terpene based aroma chemicals • Others SPIRITUAL SYNTHETIC CAMPHOR BALMS PETROLEUM ALPHA PINENE FRAGRANCE AN
Slide 7: Promoter Background and Board of Directors
P R O M O TE R B A C K G R O U N D A N D B O A R D O F D I R E C T O R S MR. DHARMIL A. BODANI MR. SHYAMAL A. BODANI MR. SATISH KUMAR RAY CHAIRMAN AND MANAGING DIRECTOR EXECUTIVE DIRECTOR EXECUTIVE DIRECTOR- OPERATIONS • A dynamic personality with vast experience of more than • Started his career in
Slide 8: Geographical Presence
G E O GRAPHI C AL P R E SE NCE Bareilly, Uttar Pradesh Vadodara, Gujarat Headquarters, Mumbai, Ambernath, Maharashtra, INDIAMaharashtra Manufacturing Plants Export to Countries Africa Asia Europe Egypt Bangladesh Saudi Arabia Austria Kenya China Singapore France Nigeria Hongkong South Korea Germany
Slide 9: Key Milestones
K E Y M I LESTONES Honored with the Mr. Keshavlal Since Setting up of the In August 2008, Manufacturing and Set up a one-of-its- The name of the OASL acquired land prestigious Global Bodani founded commencement, the Export-oriented controlling stake of R&D facility was kind R&D Centre in company cha
Slide 10: Manufacturing Facilities
M AN U FACT U RI NG F A C I L I T I E S BAREILLY, UTTAR PRADESH VADODARA, GUJARAT AMBERNATH, MAHARASHTRA • First Synthetic Camphor plant in India with • The-state-of-the-art manufacturing aroma • This state-of-the-art manufacturing facility has technology from DuPont of USA in 1964. chemicals facili
Slide 11: Future Capex
F U TUR E C AP E X HYDROGENATION PLANT, VADODARA MAHAD CAPEX , MAHAD The Company has planned capital expenditure as follows : EXPECTED YEAR OF CAPEX DETAIL LOCATION PRODUCT EXPECTED INVESTMENT COMMISSIONING Hydrogenation Plant Vadodara Specialty Aroma Chemicals ~INR 400-500 Mn H1 - FY25 Mahad Capex
Slide 12: R&D Setup
R &D SE T UP CENTRE FOR INNOVATION AT MUMBAI • State of the art synthesis lab • DSIR approved lab • Dedicated to research on generic specialty aroma ingredients in a sustainable way • Between 20-25 research associates • Head-space GC-MS, Flash chromatography, UV along with regular analytical set-up,
Slide 13: Key Strengths
K E Y S T R ENGTHS ESTABLISHED PLAYER VAST PRODUCT RANGE INFRASTRUCTURE SUSTAINIBILITY • 6 decades of experience in • The company’s vast product • Fosters excellence through • Adopted a sustainable sourcing Aroma Chemicals and 7 decades range finds applications in array innovation and gives utmost p
Slide 14: Business Overview
BUSINESS OVERVIEW
Slide 15: Business Mix
B USINESS M I X SPECIALTY AROMA CAMPHOR & TERPENE FLAVOURS FRAGRANCES INGREDIENTS CHEMICALS 14
Slide 16: Pine Based Aroma Chemicals Manufacturing
P I N E B A S E D A R O M A C H E M I C A LS M A N U F A C T U R I N G PINE TREES TAPPING DISTILLATION PROCESS Gum Resin Heavy Oil Gum Turpentine Oil (GTO) Residue (70%) (15%) (10%) (5%) Terpinyl Isobornnyl Camphene Pineoils Capinone Terpineol Dipentine Isoborneol Ketone 101 Acetate Perf. Acetate Is
Slide 17: Aroma Chemicals Industry Overview
A R O MA C H EM ICALS I N DUSTRY O V E RVIEW • The global aroma chemicals market size was valued at USD 5.56 billion in 2024 and is expected to expand at 4.95% CAGR to reach USD 8.59 billion in 2033. • The demand for the product is anticipated to be driven by increased consumption of flavours and fr
Slide 18: Aroma Chemicals
A R O MA C H EM ICALS Every aroma has a specific need and a unique characteristic. Whether it’s going to be used to mask, mimic or maximise a taste or smell, is key. Each aroma molecule can be adapted to suit a variety of products and offer their own signature fragrance. After all, an aroma of a pro
Slide 19: Camphor
C AMPHOR OAL is one of the prominent manufacturers of Camphor in India. Camphor is a waxy, flammable, white or transparent solid with a strong aroma. It can be produced from alpha-pinene, which is abundant in the oils of coniferous trees and can be distilled from turpentine produced as a side produc
Slide 20: Flavours & Fragrance Industry Overview
F L A V O U R S & F R A G R A N C E I N D U S T R Y OVERVIEW • The global flavours and fragrances market was valued at USD 32.2 Billion in 2023 and is expected to reach USD 43.6 Billion by 2032, at 3.3% CAGR. • APAC dominated the global industry in 2023 and accounted for the share of around 32% of t
Slide 21: Fragrance Compounds
F R A G R A N C E C O M P O U N DS A Fragrance compound, also known as an odorant, aroma, is a chemical compound that has a smell or Oduor. Perfume is described as having three sets of notes, making the harmonious scent accord. The notes unfold over time, with the immediate impression of the top not
Slide 22: Flavour Compounds
F L AVOUR C O M POU ND S Flavour is the sensory impression of food or other substance and is determined primarily by the chemical senses of taste and smell. Smell is the main determinant of a food item's flavour. While only five basic tastes - sweet, sour, bitter, salty and umami (savory) are univer
Slide 23: Facts of Fragrances and Flavours
F A C T S O F F R AGRANC ES A N D F L AVOURS Studies show that 75% of emotions The sense of smell is the first of all are triggered by smell which is linked our senses to develop. Even before to pleasure, well-being, emotion and we are born, our sense of smell is memory – handy when you want fully f
Slide 24: Strategic Overview
S T R AT E G I C O V E R V I E W Committed to be a global Increased focus on high To focus on sustainable One of its kind automated player in the specialty value - low volume chemistry and always Multi- Purpose Plant in aroma chemical space products environmentally India for specialty aroma complian
Slide 25: Financial Overview
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Slide 26: Historical Standalone Income Statement
H I ST ORI CAL S T AN D AL ONE I N C OME S T AT EM EN T INCOME STATEMENT (MN) FY21 FY22 FY23 FY24 Total Operational Income 7,088 8,688 8,491 8,364 Total Expenses 5,532 7,753 7,940 7,890 EBITDA 1,556 935 551 474 EBITDA Margins (%) 21.95% 10.76% 6.49% 5.67% Other Income 18 44 58 73 Depreciation 175 17
Slide 27: Historical Standalone Balance Sheet
H I ST ORI CAL S T AN D AL ONE B A L ANC E S H E E T LIABILITIES (INR MN) FY22 FY23 FY24 ASSETS (INR MN) FY22 FY23 FY24 Shareholders Fund Assets Non-Current Assets Share Capital 168 168 168 Property, Plant and Equipment 2,076 2,089 2,068 Other Equity 5,893 6,099 6,176 Intangible Asset 24 47 50 Capit
Slide 28: Historical Consolidated Income Statement
H I S T O R I C A L C O N S O L I D AT E D I N C O M E S T A T E M E N T INCOME STATEMENT (MN) FY21 FY22 FY23 FY24 Total Operational Income 7,088 8,688 8,491 8,364 Total Expenses 5,537 7,763 7,949 7,894 EBITDA 1,551 925 542 470 EBITDA Margins (%) 21.88% 10.65% 6.38% 5.62% Other Income 17 44 57 73 De
Slide 29: Historical Consolidated Balance Sheet
H I S T O R I C A L C O N S O L I D AT E D B A L A N C E S H E E T LIABILITIES (INR MN) FY22 FY23 FY24 ASSETS (INR MN) FY22 FY23 FY24 Shareholders Fund Assets Share Capital 168 168 168 Non-Current Assets Other Equity 5,884 6,081 6,155 Property, Plant and Equipment 2,079 2,091 2,070 Goodwill on Amalg
Slide 30: Consolidated Financial Performance
C O N S O L I DA T E D F I N A N C I A L P E R F O R M A N C E REVENUE FROM OPERATIONS (INR MN) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 8,688 21.88% 25 .0 0% 14.38% 8,491 8,364 7,088 20 .0 0% 1,019 15 .0 0% 10.65% 6.13% 6.38% 10 .0 0% 5.62% 533 2.32% 5.00 % 1.09% 1,551 92
Slide 31: Capital Market Information
C A P I T A L M A R K E T I N F O R M AT I O N STOCK PERFORMANCE (AS ON 31ST March, 2024) 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 OAL Sensex PRICE DATA (AS ON 31ST March, 2024) INR SHAREHOLDING PATTERN (AS O
Slide 32: Safe Harbour
S A F E H AR BOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Oriental Aromatics Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 33: Thank you
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