India Pesticides Ltd. · NSE:IPL
India Pesticides — H1 FY22 Earnings Presentation
18 slides from India Pesticides's earnings presentation, 2021
Slide 1: India Pesticides Limited H1 FY22 Earnings Presentation
INDIA PESTICIDES LIMITED H1 FY22 EARNINGS PRESENTATION www.indiapesticideslimited.com
Slide 2: H1FY22 Highlights
H1FY22 Highlights INR 3,564 mn +5.7% Distinct product offerings driving consistent Revenue Y-O-Y change sustainable margins INR 1,968 mn +7.9% “During the quarter our margins continued to remain strong on back of our niche product offerings. We continued acquiring new Gross Profit | Margin 55.2% Y-O
Slide 3: Performance Summary
Performance Summary Due to deferment of shipment from one of our largest customer and container shortage; Export and technicals revenue was impacted during the quarter Y-o-Y Change Y-o-Y Change (Rs. Million) Q2 FY22 Q2 FY21 H1 FY22 H1 FY21 (%) (%) Total Income 1,823 2,197 (17.0)% 3,564 3,372 5.7% Gr
Slide 4: Performance Highlights
Performance Highlights Consistent growth with sustainable margins Rs in Million Total Income Gross Profit 55.2% 52.6% 48.3% 4,897 6,554 3,564 2,366 3,450 1,968 FY20 FY21 H1 FY21 FY20 FY21 H1 FY21 EBITDA PAT 33.0% 23.6% 28.9% 20.5% 21.2% 14.5% 1,037 1,895 1,178 708 1,345 842 FY20 FY21 H1 FY21 FY20 FY
Slide 5: Revenue Break-up
Revenue Break-up Technicals + APIs constitute 69% of total revenue during H1 FY22 Rs in Million Technicals + API Revenue Share 5,068 31% 3,833 2,360 H1 FY22 FY20 FY21 H1 FY22 Formulation 69% 1,358 947 1,075 Techinical + API Formulations FY20 FY21 H1 FY22 5
Slide 6: Performance Highlights
Performance Highlights Higher return ratios due to efficient capital and asset utilization ROE (%) ROCE (%) 42% 54% 35% 32% 41% 40% FY20 FY21 H1 FY22 FY20 FY21 H1 FY22 ROA (%) Fixed Asset Turnover 30% 5.6x 28% 5.5x 21% 4.7x FY20 FY21 H1 FY22 FY20 FY21 H1 FY22 * H1 annualized figures 6
Slide 7: Capital Structure
Capital Structure Net cash company with significant reduction in long term borrowings and increased cash flow from operations (Rs. In million) 31st Mar 2020 31st Mar 2021 30th Sep 2021 Cash Flow from Operations (Rs. Million) Long Term Borrowings 104 74 71 833 752 650 Short Term Borrowings 135 225 6
Slide 8: India Pesticides At a Glance
India Pesticides At a Glance Diversified product offerings, ability to develop client specific molecules quickly and efficiently 2 • An R&D driven chemical manufacturer of Agro-Technicals & APIs, along with growing Active Manufacturing Formulations business Facility • Focus on quality and sustainabi
Slide 9: Business Overview
Business Overview Sole Indian manufacturer of five Technicals and among the leading manufacturers globally for Captan, Folpet and Thiocarbamate Herbicide, in terms of production capacity Application Technicals / API’s Formulations Revenue Share Grip, Pendizet, Trisol, Clogold, Herbicide Prosulfocarb
Slide 10: Manufacturing Facility and Sales Network
Manufacturing Facility and Sales Network Regular inspection of manufacturing facilities by international clients, external governing authorities and internal team for QA & HSE systems for their products, facilitates continuous improvement in operations & processes Manufacturing Facilities Plants as
Slide 11: Capacity Expansion
Capacity Expansion Sandila Expansion Plan New Upcoming Facility at Hamirpur Manufacturing capacity expansion will create economies International and domestic customers ready to absorb of scale and improve efficiency in manufacturing new capacities processes • 25 acres land acquired in Hamirpur for n
Slide 12: Outlook
Outlook Product portfolio and capacity expansion will be driving factors for growth Expansion Plan • Expansion of existing facility and new manufacturing plant to drive higher production in the future Export Opportunity • China plus one policy being adopted by companies across globe Asset Turnover •
Slide 13: ESG Profile: Environment Highlights
ESG Profile Environment Highlights India Pesticides “India Pesticides checks the raw material properties and process conditions of each of manufacturing facilities the alternatives and selects the relatively safer option in terms of raw material and and corporate office is accredited with process co
Slide 14: ESG Profile: Social Highlights
ESG Profile Social Highlights “In Fiscals 2019, 2020 and 2021, More than 60% of our raw materials were sourced locally. We believe that our ability to procure raw material domestically enables us to withstand volatility in raw material prices and ensures continuous supply for our operations” Supplie
Slide 15: ESG Profile: Governance Highlights
ESG Profile Governance Highlights “The objective of this Code of Conduct for Board Members and Senior Managerial Personnel (“Policy” or “Code of Conduct”) for the Board of Directors (“Board”) including The Code of Conduct the Independent Directors of India Pesticides Limited (“IPL” or “the Company”)
Slide 16: Key Takeaways
Key Takeaways Board and Management is committed to continuous growth and sustainability Consistent growth with sustainable margins Net cash company with significant reduction in long term borrowings and increased cash flow from operations Higher return ratios due to efficient capital and asset utili
Slide 17: Disclaimer
Disclaimer Certain statements in this presentation concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The company's results may b
Slide 18: India Pesticides Limited
INDIA PESTICIDES LIMITED Corporate office: Water Works Road, Aishbagh, Lucknow - 226 004, Uttar Pradesh, India +91 522 2653602 www.indiapesticideslimited.com