Nacl Industries Ltd · NSE:NACLIND
Nacl Industries — Q1 FY2024 Earnings Presentation
42 slides from Nacl Industries's earnings presentation, Sep 7, 2023
Slide 1: Stock exchange cover letter for investor presentation
NAGARJUNA NACL Industries Limited NACL Ref: NACL/SE/2023-24 September 07, 2023 1) BSE Limited 2) National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, 5t Floor, Plot No.C/1 Dalal Street, Fort, G Block, Bandra —Kurla Complex Mumbai - 400001 Bandra (E), Mumbai-400051 Stock Cod
Slide 2: Investor Presentation Q1-FY 2023-24
AGARJUN N NACL A ustries e ‘Investor Presentation Q1-FY L 2023X -24 " A\ N\
Slide 3: Forward Looking Statement
C Forward Looking Statement This presentation may include statements, which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market posit
Slide 4: Operational Highlights
Slide 5: Operational Highlights - Q1 FY24
‘ Operational Highlights - Q1 FY24 * Exports contributed 29% of the total revenues during the first quarter of FY 2024. For the quarter ended 30.06.2023, there was a decrease of 42% over the corresponding quarter. High inventories in most markets (particularly LATAM), sharp decline in Al prices and
Slide 6: Results Summary
Slide 7: Result Summary - Q1FY24
C ResultSummary-Q1FY24 60,000 4,000 3.634 40,000 s 39,016 2,000 || - . 1FY23 | 2,000 ¢ - | -4,000 -2,950 Q1FY23 QlFY24 | J \ \ PR e — Revenue Breakup Insecticides Herbicides Fungicides Plant Growth Regulators («) (31%) (»)15% (33%) 67% Q1FY23 6 Investor Presentation Q 0 O
Slide 8: Revenue Split - Q1FY24
C Revenue Split - Q1FY24 Q1FY24 Q1FY23 Product Category-wise (%) Product Category-wise (%) Formulation Technical Formulation Technical L 20% 8% 46% 51% ® [nsecticides ™ Herbicides ®Fungicides ® Plant Growth Regulators, Nematicides & others m Insecticides ® Herbicides ® Fungicides ® Plant Growth Regu
Slide 9: FY23 financial summary and revenue breakup
ftacny NACL " (In% lakhs) / N | | 2,50,000 2,12,855 25,500 20,777 2,00,000 1,64,975 20,500 15,725 10,279 1,50,000 7,604 ‘ 1,00,000 50,000 0 FY22 FY23 /3 FY22 FY23 || Revenue Breakup Insecticides Herbicides Fungicides Plant Growth Regulators ~ U (»)22% - 39% 140% 8 Investor Presentation
Slide 10: Revenue Split - FY23
C Revenue Split - FY23 FY23 22 Product Category-wise (%) Product Category-wise (%) Formulation Technical Formulation Technical 28% 20% 55% m Insecticides ® Herbicides ® Fungicides ® Plant Growth Regulators, Nematicides & others ® [nsecticides ™ Herbicides ® Fungicides ® Plant Growth Regulators, Nema
Slide 11: Profit and Loss - Q1FY24 (Standalone)
C Profit and Loss - Q1FY24 (Standalone) Particulars (X in lakhs) Y-0-Y (%) Q4FY23 Q-0-Q (%) 13¢7 Y-0-Y (%) Revenue from operations 38,601 47,534 (19%) 59,671 (35%) 211,600 163,335 30% Other income 415 293 42% 336 24% 1,255 1,640 23% Total Income 39,016 47,827 (18%) 60,007 (35%) 2,12,855 164,975 29%
Slide 12: Profit and Loss - Q1FY24 (Consolidated)
C Profit and Loss - Q1FY24 (Consolidated) Particulars (X in lakhs) )] Q4FY23 Q-0-Q (%) FY23 Revenue from operations 37,591 47,534 (21)% 59,870 (37)% 2,11,551 163,335 23% Other income 413 162 155% 378 9% 999 1,342 (34%) Total Income 38,004 47,696 (20)% 60,248 (B7N% 2,12,550 164,677 23% Expenses: (a)
Slide 13: Balance Sheet - FY23 (1/2)
C Balance Sheet - FY 23 (1/2) ASSETS Non-current assets (a) Property, plant and equipment 20,760 20,160 36,924 20,381 (b) Right-to-use assets 286 487 3,125 3,331 (c) Capital work-in-progress 2,417 1,156 5,526 10,456 (d) Intangible assets 109 239 190 109 (e) Intangible assets under development 1,542
Slide 14: Balance Sheet - FY23 (2/2)
C Balance Sheet - FY 23 (2/2) Standalone Consolidated Particulars (X in lakhs) FY23 FY22 FY23 EQUITY AND LIABILITIES Equity (a) Equity share capital 1,988 1,984 1,988 1,983 (b) Other equity 55,753 47,979 55,406 46,854 Total equity 57,741 49,963 57,394 48,837 Non-current liabilities (a) Financial lia
Slide 15: i a =) ‘a ‘= >)
i a =) ‘a ‘= >)
Slide 16: Mission and Values
Mission « To be a trusted name in providing high quality products and solutions to the farming community A « To be a trusted custom & contract manufacturing IA partner - To be a model company in meeting the expectations of all stakeholders Values Concern + Commitment « Quality + Integrity 15 Investo
Slide 17: Quick Facts
C Quick Facts ‘é,, 1,350+ 31 5 Employee Strength Geographical Million Farmers Presence ( Customers) 4 30 63 Manufacturing Years of Branded Products Units Experience
Slide 18: Geographical Reach
C Geographical Reach ey Netherland o—p‘. Uzbekistan Japan : South Korea Iran @ ‘ UAE ® fl.—l Taiwan Haiti Myanmar Yemen 3 Thailand . Vietnam Nigeria ’——' Ethiopia A Colombia Ugand d ¢ ganda ‘_. T . Ll’—o Indonesia sambis o ® S anka anzania ~__ Singapore f South Africa v 17 Investor Presentation
Slide 19: Technicals
Technicals * Profenofos ¢ Myclobutanil « Pretilachlor * Lambda-Cyhalothrin * Propiconazole * Bispyribac Sodium « Imidacloprid ¢ Tricyclazole ¢ Metribuzin « Bifenthrin « Thifluzamide ¢ Clodinafop-Propargyl ¢ Thiamethoxam « Difenoconazole ¢ Quizalofop ethyl ¢ Omethoate ¢ Flucarbazone sodium 18 Investo
Slide 20: Product Portfolio (2/2)
Product Portfolio (2/2) & Cairo O Fenny O Nagarjuna 4G < PestLock Cannon O Fury O Nagarjuna Mida O Profex O Syndicate Dxtar O Force Super O Nagarjuna Mantle 0 Profex Super O Task Gr Dxtar FS O Hurricane Plus 0 Nagarjuna Spice 0 Pymet O Task SC Ennova O Monocrown © Nagarjuna Trust O Quick 50% SP O Wa
Slide 21: Timeline (1/2)
C Timeline (1/2) Acquired two Pesticide Formulation Plants at Commencement of Ethakota in East Godavari Chemagro International The 4th Technical Monocrotophos Limited became The 3rd Technical Manufacturing block District and a Pesticide (MCP) commercial . . Manufacturing block anutac .rmg oc storage
Slide 22: Timeline (2/2)
C Timeline (2/2) Registered highest ever turnover of Rs.1640 crores for 3rd consecutive year Registered highest State-of-the-Art Co-marketing partnership Research & with leading Japanese . p turnover of Rs.1015 Received Agri Business . . Received the “Best crores . ; Development Center chemical comp
Slide 23: Board of Directors
C Board of Directors 4y Mrs. K Lakshmi Raju Mr. M Pavan Kumar Mr. N Vijayaraghavan Mr. Sudhakar Kudva Mr. Raghavender Mateti Mr. Ramkrishna Mudholkar Chairperson & Managing Director & Independent Director Independent Director Independent Director Independent Director Non-Executive Director CEO Mr. N
Slide 24: Senior Management Team
C Senior Management Team Mr. M Pavan Kumar Mr. G.Jagannadha Rao Mr. RK.S Prasad Mr. Amit Taparia Mr. H‘“’_l_Sh Chandra Mr. Ssat;)Shdl::'lmar ‘?flr- l;osh:n l‘t’l—a]::nmex"tls Managing Director & President - Executive VP -Finance Senior VP - SCM, Procurement, . Bijlwan . Vice P ‘fd“ lL " ice Presiden
Slide 25: NACL's Business Model
NACL's Business Model & 63 Branded Products, 47 NACL stock points and Thousands of retail Technical outlets across India manufacturing plants under the Company’s with a combined direct to retail production capacity of approach 23,000 TPA v v v A state-of-the-art Formulation unit with Knowledge Deliv
Slide 26: Business Strategy
C BUSINESSSTRATEGY & KRy AcCL A Strengthening and enhancing global collaborations Substantial capacity enhancement strategy in Agrochemical, Specialty Chemicals & Continue to invest in Product Registrations, Advanced Intermediaries Process know —how, Brand building Tap new geographies and I_@\' Farm
Slide 27: Strengths: R&D, governance, distribution, brand
RESEARCH & GOVERNANCE DEVELOPMENT & LEADERSHIP ARJ Capable R&D team with Accomplished Board Members NA"G A c(iNA state-of-the-art, GLP and seasoned professional CONSISTENT accredited facility, to leadership with decades of GROWTH DISTRIBUTION develop differentiated industry experience; long inedi NE
Slide 28: Certificates
Q Certificates Responsible Care™ ouR coumiTAENTO sUSTARABITY NACL INDU: ES LTD. R&D Facility 1S0 45001:2018 1SO 14001:2015 1S0 9001:2015 R&D Facility Ethakota Unit Srikakulam Unit 27 Investor Presentation
Slide 29: Awards and recognitions
* A w eoe eso eoo oo eoo eoo eoo Greentech Award Suraksha Certificate of Best Management Water Industry Champion ABSA Company of Puraskar Appreciation Award Management Award 2021 the Year Award NACL has bagged Award 2022 the “Greentech NACL'’s Srikakulam NACL's Ethakota NACL's manufacturing NACL's S
Slide 30: Key External Drivers of the Business
Key External Drivers of the Business Indian Agrochemical Market India is the fourth-largest producer of agrochemicals in the world after USA, Japan and China. The Indian agrochemical market are expected to continue to grow between 5% and 6% through 2030.Government has identified the agrochemical ind
Slide 31: Research & Development
C Research & Development ) ) R&D labs at Shadnagar and Srikakulam are DSIR Development of new generation, env1ronn'1ent recognized. Quality Control labs in the above locations and friendly and safe Formulations Ethakota are NABL accredited. Process development of Active Ingredients and Intermediates
Slide 32: Production Capacity
Production Capacity PRODUCTION CAPACITY 12,000 KL 5,600 MT 35,475 MT 17,000 MT 31 Investor Presentation
Slide 33: Capacity Expansion Plans
Capacity Expansion Plans BROWNFIELD PROJECT GREENFIELD PROJECTS NACL Industries Limited, Srikakulam, NACL Multichem Private Limited, Andhra Pradesh Ranasthalam Mandal, Srikakulam Srikakulam Technical Plant is in process of NACL Multichem, a Wholly Owned Subsidiary of increasing the capacity from 17,
Slide 34: Sustainability - Environment, Health & Safety
C Sustainability - Environment, Health & Safety Stacr NACL A Manufacturing Plants are certified Integrated Management Systems related to quality, environment, Strong EHS systems, processes, health and safety (ISO) with inspection and training who adequately green belt cover enhance awareness and ens
Slide 35: Shareholder's Information
Slide 36: Shareholders Information
Shareholders Information Stock Information (as on 30t June, 2023) (As on 30" June, 2023) é Market Capitalization () 1879.06 Cr Shareholding Pattern (%) ‘) Shares Outstanding 19,88,41,843 L= symbol BsE) / (NsE) 524709 / NACLIND 69538472 Stock Performance Chart (as of August, 2023) m ém yr 3vr SYr 10Y
Slide 37: Performance Track Record
Slide 38: Historic Quarterly Trend (1/2)
Q Historic Quarterly Trend (1/2) (Xinlakhs) ( R Revenue from operations EBITDA 7,306 60,007 56491 5,846 47,534 )5 48463 1728 4259 4,729 3,991 4,277, 44,285 3,634 3,565 3,521 39,97 3,154 2,888 2,383 32,468 3017 3441 33,043 1, 388 138 1,792 2044 26,475 27,66 2520 23,861 19,09 I Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 39: Historic Quarterly Trend (2/2)
C Historic Quarterly Trend (2/2) & (X inlakhs) PBT PAT 4,165 5,565 3,001 4 012 252 00 210 1,513 1,86 1547 1,714 o011 2,156 2,79 1,431 , ’ 2,136 2,239 910 1,905 1,432 536 I 644 309 500 143804' I 1,02 42 " I I 702 I 124 pl [ | ™ | g [ | Q1 Q2 Q3 Q4 Q1 Q4 =FY20 ©FY21 =FY22 ®mFY23 ®mFY24 =FY20 ©FY21 =FY
Slide 40: Financial Performance (1/2)
C Financial Performance (1/2) (X in lakhs) Revenue from Operations EBITDA and EBITDA Margin 2,11,600 1,19,137 1,63,335 FY21 FY22 FY21 FY22 FY23 mmm EBITDA —o—EBITDA Margin PBT and PBT Margin PAT and PAT Margin CAGR 23% CAGR 27% FY21 FY22 Fy21 FY22 FY23 = PBT —0—PBT Margin mm PAT —0—PAT Margin
Slide 41: Financial Performance (2/2)
C Financial Performance (2/2) (X in lakhs) Working Capital Days Net Worth 107 79 g 35,053 41,148 48,395 57741 FY20 FY21 FY22 FY23 ROCE and ROE Debt to Equity (x) 25.83% 20.68% 22.01% 0.24 022 17.80% 0.21 o - —0 c— _o— o— 15.71% 12.22% FY21 FY22 FY23 —0—ROCE —0—ROE FY21 FY22 FY23 40 Investor Presenta
Slide 42: Thank You
NACL Industries Limited Diagnostics 0 onladh ) 25 gy Plot No 12-A, C Block, Lakshmi Towers, o ? m:jflff:‘“ Hs8e Nagarjuna Hills, Punjagutta, Hyderabad - 500082, (] Telangana, India Mg, , W O 'NACL Industries Limited a (%) +91-40-24405100 :fl;“?iz Panjagutta Police Station @ info@naclind.com @ 9 Pragn