Ddev Plastiks Industries Limited · NSE:DDEVPLSTIK
Ddev Plastiks Industries — Q3 FY2024 Earnings Presentation
22 slides from Ddev Plastiks Industries's earnings presentation, Jul 2, 2024
Slide 1: Earnings Presentation Q3 FY2024 – Leading Manufacturer of Compounds
Earnings Presentation Q3 FY2024 Leading Manufacturer of Compounds www.ddevgroup.in Filler Compounds Color Masterbatch 66KV XLPE Cable XLPE Cable Engineering Plastics PVC Compounds
Slide 2: Business Overview – A Leading Manufacturer of Polymer Compounds
Business Overview – A Leading Manufacturer of Polymer Compounds Q3 FY2024 • A leading manufacturer of polymer compounds in India with a capacity of 2,42,000 MTPA • 5 manufacturing units with state-of-the art machinery, Q3 49.3% Q3 75.9% Q3 infrastructure, equipment, and R&D facilities YoY YoY • Dive
Slide 3: Q3 and 9M FY2024 Management Commentary
Q3 and 9M FY2024 Management Commentary Commenting on the Performance, Narrindra Suranna, Chairman and Managing Director said: “Amidst a challenging quarter characterized by notable market corrections and subdued festive season demand, we stand resilient and delivered strong performance. This accompl
Slide 4: Q3 FY2024 Performance Highlights
Q3 FY2024 Performance Highlights Revenue from Operations Gross Profit and Margins 21.6% Y-o-Y 6,547 6,672 1,364 6,381 6,423 5,535 1,090 1,159 1,120 921 20.2% 20.1% 16.9% 17.9% 14.1% Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 EBITDA and Margins 49.3% Y-o-Y Profit After Tax
Slide 5: 9M FY2024 Performance Highlights
9M FY2024 Performance Highlights Revenue from Operations Gross Profit and Margins 38.1% Y-o-Y 25,037 22,269 3,804 3,130 3,369 18,340 15,346 2,135 18.2% 13.8% 13.9% 15.0% FY21 FY22 FY23 9MFY24 FY21 FY22 FY23 9MFY24 EBITDA and Margins 72.4% Y-o-Y Profit After Tax and Margins 115.3% Y-o-Y 1,857 1,901 1
Slide 6: Segment Results - Trend
Segment Results - Trend Revenue - Geography Revenue - Product Category 29% 28% 23% 23% 27% 23% 24% 22% 20% 30% 10% 9% 10% 10% 9% 71% 72% 77% 77% 70% 70% 63% 67% 67% 68% Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Domestic % Exports % Polyethylene % Poly Vinyl Chloride % Oth
Slide 7: Financial Performance
Financial Performance Q3 Y-o-Y Q2 Q-o-Q 9M Y-o-Y (Rs. Million) FY2024 FY2023 Growth(%) FY2024 Growth(%) FY2024 FY2023 Growth(%) Revenue from Operations 5,535 6,547 (15.5)% 6,423 (13.8)% 18,340 18,365 (0.1)% Other Income 28 5 494.0% 55 (47.9)% 157 169 (6.9)% Total Income 5,564 6,552 (15.1)% 6,478 (14
Slide 8: Operational Performance
Operational Performance Utilization Installed Products User Industry Capacity (TPA) 9M FY18 FY19 FY20 FY21 FY22 FY23 FY24 Antifab/ Filled Compounds/ Master Packaging Goods 36,000 45,758* 33,776 24,154 27,435 34,684 27,244 17,659 Batches Wire & Cable Industry. PVC Compounds 44,000 31,941 31,518 33,57
Slide 9: Manufacturing Capabilities
Manufacturing Capabilities Installed Name of the Plant Products manufactured Capacity (MTPA) Anti fibrillation Compound-PE & PP 27,500 Dhulagarh – West Bengal Sioplas 4,000 PVC Compound 6,000 Dadra and PVC Compounds Cables 38,000 2 Nagar Haveli Silvasa - Dadra Plant 1 HFFR 5,000 Silvasa - Dadra Plan
Slide 10: Product Portfolio
Product Portfolio Antifab / Filled Sioplas Compound / XLPE Engineering Plastics PVC Compounds HFFR Compounds/ Master Compound / Semicons Compounds Batches 01 www.ddevgroup.in | 10
Slide 11: Diversified Customers - Domestic
Diversified Customers - Domestic Top clientele constitutes of prominent domestic and global companies Diversified customer base across cable, footwear, pipe and packaging industry mitigates industry-specific downturn impact Well established relationships with renowned clientele provide stability to
Slide 12: Diversified Customers - Exports
Diversified Customers - Exports 01 www.ddevgroup.in | 12
Slide 13: Business Growth Drivers
Business Growth Drivers In house ability for designing and testing of new Wide range of extruder capabilities provide compounds with large fully equipped labs and flexibility to produce custom quantities for wide teams range of customers Multi-location setup, minimizing transportation Excellent mark
Slide 14: Successful Completion of Demerger
Successful Completion of Demerger Kkalpana Industries Strategic Rationale Demerger Ratio 1:1 Simplification of business structure Manage different business independently and be fully focused on Kkalpana Industries Ddev Plastiks exploring respective growth opportunities Reprocessing Business Compound
Slide 15: Major Milestones Achieved
Major Milestones Achieved • Set up of Engineering • Demerger of the two Plastic Compounding businesses, Compounding unit at Daman & Reprocessing Company Setting up of factory Setting up of new • Started manufacturing • Listing post Demerger Incorporated and Setting up of new at Dhulagarh, factory at
Slide 16: Experienced Board of Directors
Experienced Board of Directors Mr Narrindra Suranna Mr. Dev Krishna Surana Chairman & Managing Director Director Associated with Company since inception. Wide Dynamic business leader and key driving force of Company. experience in Plastic Industry, Company has He has done B.Com (Hons.) from St. Xavi
Slide 17: Leadership Team
Leadership Team Mr Arihant Bothra Ms. Tanvi Goenka Chief Financial Officer Company Secretary He is an Associate member of Institute of Chartered She is a graduate in commerce and has received her Accountants of India and an IIM Calcutta Alumini. membership of Institute of Company Secretaries of Indi
Slide 18: Accreditations and Industry Recognition
Accreditations and Industry Recognition ISO Certificates KEMA Approval CPRI Approval CACT Approval NFC NFC 33209 33209 Approval Approval VDE Approval POWERGRID Approval UL Approval French French Lab Lab XLPE ROHS TESTS PVC ROHS REACH TESTS ERDA 01 www.ddevgroup.in | 18
Slide 19: Awards & Recognitions
Awards & Recognitions Awarded by Excellence in Awarded by “Excellence “Sub-Sector-Plastics in Exports- Polymers & Polymer Petrochemicals” by Processing / Compounding Federation of Indian Chemicals” by Federation of Chambers of Commerce Indian Chambers of Commerce and Industry (FlCCl) and Industry (F
Slide 20: Sustainability at the Core
Sustainability at the Core Undertaken the CSR Initiative of providing Distributed balanced nutrition food to School Planted over 500 trees Nutrition Supplement to TB patients in Students at Surangi Govt. High School at manufacturing units and schools Surangi Village. Eye check ups of 600 persons and
Slide 21: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements • This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Ddev Plastiks Industries Limited (also referred to as the ‘Company’). By attending the meetin
Slide 22: Leading Manufacturer of Compounds
Earnings Presentation Registered Office Mumbai Office 2B, Pretoria Street, 106, Laxmi Plaza, Laxmi Industrial Estate, Kolkata – 700 071 New Link Road, Andheri (West), Mumbai – 400 053 Phone: +91 33 22823744/45/8818 Phone: +91 22 67021470/71/72 Leading Fax: +91 33 22823739 Email: kolkata@ddevgroup.in
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