Ghcl Limited · NSE:GHCL
Ghcl — Q3 FY2025 Earnings Presentation
30 slides from Ghcl's earnings presentation, Jan 31, 2025
Slide 1: Intimation to stock exchanges: Investors' Presentation Q3FY25
January 31, 2025 माघ – शुक्ल पक्ष, िवतीया िवक्रम स वत २०८१ National Stock Exchange of India BSE Limited Limited Corporate Relationship Department, “Exchange Plaza” 1st Floor, New Trading Ring, Rotunda Building, P.J. Bandra – Kurla Complex, Towers, Bandra (E), Mumbai – 400 051 Dalal Street, Fort, Mum
Slide 2: GHCL Limited Q3 FY25 Investor Update
GHCL Limited Q3 FY25 Investor Update January 2025
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by GHCL Limited (the “Company” or “GHCL”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 4: Management commentary on Q3 FY25 Results
Management commentary on Q3 FY25 Results “Focusing on core operational excellence, we have reported a healthy financial Commenting on the performance during Q3, in the light of moderating industry conditions. We have sustained performance, our stature amongst clients as a reliable and consistent sup
Slide 5: Performance highlights – Q3 FY25
Performance highlights – Q3 FY25 Revenue EBITDA PAT Cash Profit Rs. crore 807 259 168 196 Q3 FY25 Vs. % Change 13% 9% 8% (0.3%) Q2 FY25 (Q-o-Q) Q3 FY25 Vs. % Change (1%) 57% 69% 56% Q3 FY24 (Y-o-Y) 4
Slide 6: Performance highlights – 9M FY25
Performance highlights – 9M FY25 Revenue EBITDA PAT* Cash Profit Rs. crore 2466 722 474 557 9M FY25 Vs. % Change 3% (7%) 5% 6% 9M FY24 * Note: Excluding exceptional items of Rs. 219 Crore in 9M FY24 on account of non-cash gain on demerger of spinning business. 5
Slide 7: Q3 FY25 highlights
Q3 FY25 highlights (Rs. In Crore) Particulars Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q Quarterly Trend Revenue 807 813 (1)% 810 0% 32% 28% 28% 24% 20% EBITDA 259 165 57% 228 13% 813 165 840 201 849 235 810 228 807 259 EBITDA Margin % 32.0% 20.3% 1170 bps 28.2% 380 bps Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 F
Slide 8: Key developments
Key developments GHCL received Environmental Clearance from the Ministry of Environment, Forest and Climate Change for its Soda Ash Greenfield Project in Kutch, Gujarat o This will help the Company set up a 1.1 MMTPA Soda Ash plant over six years at a capital outlay of Rs. 6,500 crore On Novembe
Slide 9: Resource allocation & key financial ratios
Resource allocation & key financial ratios Efficient Capital Allocation For 9M FY25 Net Cash Surplus Rs. 242 Cr. Rs. 114 Cr. Growth Capex Dividend Net Cash Surplus Rs. 921 Cr. Gross Debt Rs. 115 Cr. Rs. 556 Cr. Cash Inflows Generated x Key Ratios Rs. 82 Cr. Rs. (20) Cr. Net Cash to Equity ROCE**
Slide 10: Profit & loss statement
Profit & loss statement (Rs. In Crore) Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9M FY25 9M FY24 Y-o-Y Revenue 807 813 -1% 810 0% 2466 2,659 -7% Operating Expenses 548 648 -15% 582 -6% 1744 1,959 -11% EBITDA 259 165 57% 228 13% 722 699 3% EBITDA Margins 32.0% 20.3% 1170 bps 28.2% 380 bps 29.3% 26.3% 300 b
Slide 11: GHCL – A class leader with proven track record of strong execution
GHCL – A class leader with proven track record of strong execution Cost and margin leader due Backward integration of raw to focus on cost materials with nearby captive competitiveness limestone mines and salt fields Customer Innovated from coke to serviceability and briquette coke for cost segmenta
Slide 12: Proven track record of financial performance
Proven track record of financial performance Revenue (Rs. Cr.) EBITDA (Rs. Cr.) 4,584 1,520 3,498 3,061 2,659 2,466 899 2,324 2,362 2,041 672 686 737 699 722 488 FY19 FY20 FY21 FY22 FY23 FY24 9MFY24 9MFY25 FY19 FY20 FY21 FY22 FY23 FY24 9MFY24 9MFY25 • Relative to the prior 5 years, FY24 stands out f
Slide 13: Building a resilient tomorrow
Building a resilient tomorrow Key Growth levers • Vacuum salt from waste energy to be sold in B2B edible salt market • Bromine project at existing salt work for 2800 MT capacity • Greenfield Soda Ash project of 5.5L MT (phase I) followed by 5.5L MT (phase II) • Raw Salt production of 17L MT for capt
Slide 14: Global outlook on the soda ash industry
Global outlook on the soda ash industry Soda Ash Market Overview by Key Regions GLOBAL SIZE: CAPACITY~79 MMT, PRODUCTION-66 MMT* China: Americas: Delivered strong domestic Soda Ash Market was CAPACITY: 15.1 MMT demand despite weakness in real oversupplied due to increased PRODUCTION: ~13 estate sect
Slide 15: Company Overview
Company Overview
Slide 16: GHCL – An introduction
GHCL – An introduction 1 Targeting Best-in-class Professional Mgmt. • To grow profits at a CAGR 15% on a long-term • Operations management • Focused management approach horizon • CAPEX planning and execution • Strategy led by professional • To inculcate value systems that defines our culture • Finan
Slide 17: Product offerings
Product offerings Key sodium carbonate variant Soda Ash Density: ~0.7g/cc Light Essential for: Detergent manufacturing & Soap manufacturing High-quality Soda Ash Dense production Dense Soda Derived from sodium chloride and limestone Ash Uses include: Detergents, Cleaning industries, Wate
Slide 18: Key application of Soda ash
Key application of Soda ash Other applications include Chemicals, Water treatment, Pulp & Paper, Textiles, Metallurgy, etc. Glass Manufacturing Detergents & Soaps Renewable Energy Emerging Applications Solar Panel Battery Manufacturing Manufacturing for EV’s By embracing these emerging applications,
Slide 19: Key application of Sodium bicarbonate
Key application of Sodium bicarbonate Tannery Pharma Food Animal Feed Chemicals Flue Gas Multiple uses of Sodium Bi-Carbonate across various industries to grow along with India’s economic growth and rising aspirations 18
Slide 20: Unique value proposition
Unique value proposition Best in class Focus to emerge 3 decades of operational as a sustainable Indian efficiencies and business Manufacturing capacity organization experience utilizations Leading soda Business Professionally ash player in philosophy of managed India inclusive growth of workforce a
Slide 21: Evolution of GHCL through the years
Evolution of GHCL through the years Commenced Soda Ash Spindles capacity increased to Soda Ash production capacity Soda Ash production Production with 4.2 Lacs 175K, installed 3320 rotors in increased to 11 Lacs MTPA / capacity enhanced to 12 MTPA which was further spinning year in FY2019 Lacs MT in
Slide 22: Our objective
Our objective “Achieve a CAGR growth of 15% in bottom-line with creating value for all our 5 stakeholders” Responsible Growth ESG Organic Growth – CAPEX, Non- CAPEX led Growth, Growth – HSE – Zero Harm, CSR – M&A/ JV and Optimize Return on Responsible Citizen and Capital Renewable Energy Brand Image
Slide 23: Core values at forefront
Core values at forefront MISSION • GHCL is a unique workplace which is dotted with its Responsibly maximising Core Values, defining its culture stakeholder value • Every employee in the Company is expected to imbibe its Core Values and interact within the business ecosystem with all its stakeholders
Slide 24: Quest for innovation
Quest for innovation IMPLEMENTATION OF ROBOTIC PROCESS AUTOMATION RBC Plant innovation: Commissioned a 150 TPD energy-efficient Rotating Biological Contactor (RBC) plant. Equipped with advanced technologies for optimal wastewater treatment and reduced energy consumption. Enables resource recovery fr
Slide 25: Sustainability vision
Sustainability vision Zero Harm Initiative Target – Zero reportable injuries Savings of Rs. Target – Zero environmental incidents 11.6 Crore through process efficiency Climate Warrior Initiative initiatives Target – 30% reduction in Scope 1 and 2 emissions by 2030 Target – Implementation of
Slide 26: Empowering over 10,000 Women
Empowering over 10,000 Women Transforming Lives Through Self Help Groups & Skill Development Thriving Communities: Over 262 SHGs empowering 6,000+ women in rural areas to achieve financial independence, better health, and education. Skill Development Impact: 4,000+ women trained in sewing, jute bag
Slide 27: Awards & recognitions
Awards & recognitions Gujarat Lignite Mines Safety & Most Trusted Leaders Award Mahatma Award Great Place To Work Swachhata Mr. R.S. Jalan, MD GHCL was GHCL Khadsaliya Lignite Mines honored with the prestigious “India’s received 17 awards Most Trusted Leaders Award” by The CSR Excellence Great Place
Slide 28: Guided by a visionary team
Guided by a visionary team R S Jalan Raman Chopra Managing Director CFO & Executive Director Anurag Dalmia Neelabh Dalmia Dr. Manoj Vaish Experienced and (Non-Executive Chairman) (Executive Director, Growth & (Independent Lead Director) Diversification) accomplished Board of Directors Mrs. Vijaylaxm
Slide 29: About us
About us GHCL Limited was incorporated on 14th October 1983. The Company has established itself as a well-diversified group with an ascertained footprint in chemicals and consumer products segments. In Chemicals, the Company mainly manufactures Soda Ash (Anhydrous Sodium Carbonate) that is a major r
Slide 30: Thank You
GHCL Thank You