National Fertilizers Ltd. · NSE:NFL
National Fertilizers — Non-Deal Roadshow (December 2022)
33 slides from National Fertilizers's roadshow presentation, Dec 15, 2022
Slide 1: Intimation to stock exchanges of non-deal roadshows
~ cij-~I Gt C1 Q5flt1 1$ GJ •tf fFt fcl1 es NATIONAL FERTILIZERS LIMITED (A Govt. Of India Undertaking) .~ ~ a5T 3QG5;(, Cllfitct1~e ~: ~-11 , ~-24, • - 201301 Corportate Office: A-11 , Sector-24, Noida-201301 ~ 1frCJll' ~ ';J1'R (\'!'J:t). Oistt Gautam Budtt Nagar ( U.P.) ~ : 0120 2012294, 2412445,
Slide 2: Intimation to stock exchanges (duplicate scan)
~ ~~rarcf Q5flC11 ~UJ 8 fC:t f(k es NATIONAL FERTILIZERS LIMITED (A Govt. Of India Undertaking) {atmf ~ em '3t'l'am) ctlf"C4)\e ~ : ~-11, ~-24, ~ - 201301 Corportate Office; A-11 , Sector-24, Noida-201301, ~ ~ ~ "f'R (\;J.ll.), Distt. Gautam Budh Nagar ( U.P.) ~ : 0120 2012294, 2412445, ~ : 0120-241
Slide 3: National Fertilizers Limited Corporate Presentation December 2022
National Fertilizers Limited Corporate Presentation December 2022
Slide 4: Disclaimer
Disclaimer By attending the meeting/telephonic call where this presentation is made, you agree to be bound by the trailing restrictions regarding the information disclosed in this presentation. This presentation has been prepared by National Fertilizers Limited (“NFL” or the “Company”) solely for in
Slide 5: Contents
Contents 1. A Fertilizer Company Company at a Glance With 2 nd largest market share in Urea Focus on New Products, Manufacturing & 2. Unparalleled Distribution Network Key Milestones Which will continue to support growth Dynamic Approach 3. Towards changing Market Environment & Regulations with Cont
Slide 6: Company at a Glance
Company at a Glance Business Segments (Standalone) FY22 Revenue Q2FY23 Revenue INR 15,857 Cr INR 6,757 Cr 11 soil testing labs Schedule A and Miniratna Own Fertilizers* (6 Static+5 Mobile) (Category-I) Central Public NABL accredited Lab at Panipat & Sector Enterprise Vijaipur 68.3% 79.7% 2,700+ Deal
Slide 7: Key Milestones
Key Milestones 1978 Nangal Plant merged 2015 with NFL Incorporated JV for revival of (Capacity 3.3 LMT) Ramagundam Plant with installed capacity of 12.71 LMT • Commenced 1979 Vijaipur I & II (Project Cost = INR 6,338 Cr) operations of Commercial production revamped for capacity RFCL started at Panip
Slide 8: Experienced Management Team
Experienced Management Team Board of Directors Atul Baburao Patil Neeraja Adidam Prathibha Anirudham Hira Nand Ranjan Kanwar Chairman & MD (Addl. Charge) Government Nominee Director Government Nominee Director Director Finance Director Technical Director Marketing Jt. Sec., Dept. of Fertilizers Econ
Slide 9: Awards & Achievements
Awards & Achievements 1st prize for the excellent work Gold Award to Nangal Plant for Outstanding Nangal Unit received Runner-up Award for in Official Langue (Hindi) Achievement in Environmental Improvements Outstanding Achievement in Safety Patron HSE Platinum Award for Safety to Vijaipur Unit FAME
Slide 10: Vision & Mission
Vision & Mission Vision Leading Indian company in fertilizers and beyond Commitment to all stakeholders Mission Committed to serve Farming Timely supply of Fertilizers Workplace Ergonomics Community & Other Customers Quality Assurance Safety Measures Ethical Practices Energy Maximizing Conservation
Slide 11: Focus on New Products, Manufacturing & Marketing
1. A Fertilizer Company Multi-product Company with an With 2 largest market share in existing products nd established Brand – “Kisan” Focus on New Products, Manufacturing & 2. Unparalleled Distribution Network Which will continue to support growth Manufacturing Edge Dynamic Approach 3. Towards chang
Slide 12: Multi-product Company with an established Brand – Kisan
Multi-product Company with an established Brand – “Kisan” All Fertilizers & Agri Input Offerings Break-up of Fertilizers Sales LMT Bharat Urea Bharat DAP Bio Fertilizers 43 49 57 59 55 9 9 8 6 10 4 4 12 9 39 39 36 40 38 FY18 FY19 FY20 FY21 FY22 Kisan Beej Bentonite Sulphur* Kisan Compost Manufacture
Slide 13: Manufacturing Edge
Manufacturing Edge Nangal, Punjab NFL has its plants strategically located in key crop producing states Urea Capacity 4.8 LMT p.a. All plants ISO-9001-2008, ISO-14001-2004 & OHSAS-18001 certified Capacity Utilization 111.1% Nitric Acid Capacity 91,410 MT p.a. RFCL (JV), Telangana Ammonium Nitrate Ca
Slide 14: Operational Capabilities
Operational Capabilities Plant wise Production of Urea LMT 11.3 • In Punjab, Haryana & Madhya Pradesh ~53.77 LMT Urea is 10.5 10.4 9.8 9.7 consumed and production gap of ~15.01 LMT 9.5 • NFL can leverage its production in these states being a sole Urea 5.8 5.8 5.8 5.6 5.5 5.5 5.3 5.3 manufacturer 4.
Slide 15: Marketing Territories
Marketing Territories Chandigarh Noida Zonal Marketing Office Central Marketing Office Lucknow Zonal Marketing Office Mundra (Gujarat) Port* Tuna (Gujarat) Bhopal Port* Zonal Marketing Office Kandla (Gujarat) Port* Pradeep (Odisha) Port* Pipavav (Gujarat) Port* States under Zones Hyderabad Chandigar
Slide 16: Fertilizer Capacity, Demand & Consumption
Fertilizer Capacity, Demand & 1. A Fertilizer Company Consumption With 2 nd largest market share in existing products Focus on New Products, Manufacturing & Demand Drivers 2. Unparalleled Distribution Network Which will continue to support growth Urea prices regulated by GOI Dynamic Approach 3. Towa
Slide 17: Ammonia Capacity & Nitrogen Demand - Global
Ammonia Capacity & Nitrogen Demand - Global Ammonia – Capacity Nitrogen – Fertilizer Demand 187.0 189.5 187.4 188.9 190.4 105.9 107.4 108.7 110.2 111.6 1.0% 1.0% 1.0% 1.0% 1.0% 1.7% 1.8% 1.8% 1.8% 1.8% 22.6% 22.7% 23.1% 23.0% 22.9% 15.9% 15.8% 15.8% 15.8% 15.7% 55.9% 55.8% 55.8% 55.7% 55.5% 55.7% 55
Slide 18: Demand Drivers
Demand Drivers India – Fertilizer Consumption India – Urea Consumption, Production & Imports Million Tonnes Million Tonnes 6.3% 35.1 34.0 31.7 33.7 26.9 29.2 4.0 23.9 24.5 3.2 9.0 24.6 2.6 7.0 7.0 4.6% 9.1 4.0% 9.8 7.6 17.3 19.0 21.0 FY19 FY22E FY26P FY19 FY20 FY21 N P K Total Consumption Production
Slide 19: Urea prices regulated by GOI
Urea prices regulated by GOI Urea – Monthly International Prices INR per Metric Ton 70,000 55,000 40,000 25,000 10,000 Mar-19 May-19 Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 May-22 Jul-22 Sep-22 Urea prices seeking a level
Slide 20: Outlook on Share of Non-Urea Fertilizers in India
Outlook on Share of Non-Urea Fertilizers in India Production Import Sales Million Tonnes Million Tonnes Million Tonnes 4.4 4.0 4.1 4.3 4.2 4.3 2.8 4.1 4.2 2.7 2.8 0.5 3.7 1.4 10.5 10.6 9.5 9.6 0.7 9.6 8.5 6.6 4.9 4.9 9.5 10.1 10.8 3.9 4.5 3.4 FY19 FY20 FY21* FY19 FY20 FY21 FY19 FY20 FY21* DAP NPKS S
Slide 21: Favorable Policies Support
Favorable Policies Support GOI Policies Brief Description NFL Impact Industry expect budgetary allocation about Rs 2.25 Lakh Crore subsidy on fertilizers during FY Revised Fertilizer 2022-23. With support from Govt, Industry is getting subsidy on regular basis despite of high gas subsidy budget pric
Slide 22: Investment Highlights
Investment Highlights Leadership Position • 2nd Largest Urea producer with pan India presence with Strong Market • Capture 19.5% market share in Urea (Incl. Ramagundam) Share • Low demand risk for key product, as consumption has witnessed consistent growth • Multi-product offerings with well establi
Slide 23: Story in Numbers (Standalone)
1. A Fertilizer Company Story in Numbers (Standalone) With 2 nd largest market share in existing products Focus on New Products, Manufacturing 2. Capabilities & Unparalleled Distribution Network Which will continue to support growth Robust Balance Sheet (Standalone) Dynamic Approach 3. Towards chang
Slide 24: Story in Numbers (Standalone)
Story in Numbers (Standalone) All figures in INR Cr unless stated otherwise Revenue from Operations Product wise break-up of Revenue Share of Urea (Incl. Imports) & Other Fertilizers 13,135 11,906 15,857 13,135 11,906 15,857 13,135 72% 15,857 3% 3% 73% 2% 3% 5% 2% 11,906 71% 30% 31% 32% 29% 28% 27%
Slide 25: Robust Balance Sheet (Standalone)
Robust Balance Sheet (Standalone) All figures in INR Cr unless stated otherwise Gross Block Borrowings Cash Flow from Operations 6,363 8,103 1,887 3,170 7,034 5,220 5,421 7,334 1,135 2,436 769 752 734 31-Mar-20 31-Mar-21 31-Mar-22 -309 -826 31-Mar-20 31-Mar-21 31-Mar-22 Long Term Short Term Total Bo
Slide 26: Financial Snapshot (Standalone)
Financial Snapshot (Standalone) All figures in INR Cr unless stated otherwise Income Statement FY20 FY21 FY22 Balance Sheet FY20 FY21 FY22 Assets Revenue from operations 13,135 11,906 15,857 Non-Current Assets 4,767 5,015 4,950 Other Income 57 33 34 Property, Plant & Equipment 3,717 3,609 4,224 Righ
Slide 27: Financial Snapshot (Consolidated)
Financial Snapshot (Consolidated) All figures in INR Cr unless stated otherwise Income Statement FY20 FY21 FY22 Balance Sheet FY20 FY21 FY22 Assets Revenue from operations 13,135 11,906 15,857 Non-Current Assets 4,748 4,984 4,715 Other Income 57 33 34 Property, Plant & Equipment 3,717 3,609 4,224 Ri
Slide 28: Impressive Growth Script (Standalone)
1. A Fertilizer Company Impressive Growth Script With 2 nd largest market share in existing products (Standalone) Focus on New Products, Manufacturing 2. Capabilities & Unparalleled Distribution Network Which will continue to support growth Financial Snapshot (Standalone) Dynamic Approach 3. Towards
Slide 29: Impressive Growth Script (Standalone)
Impressive Growth Script (Standalone) All figures in INR Cr unless stated otherwise Revenue from Operations EBITDA & Margin 3,691 5,092 4,442 6,455 6,757 281 4% 5% 5% 4% 3% 13% 17% 180 179 185 36% 38% 30% 122 82% 80% 4.9% 4.0% 4.3% 60% 57% 66% 2.4% 2.7% Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q2FY22 Q3FY
Slide 30: Financial Results Snapshot
Financial Results Snapshot All figures in INR Cr unless stated otherwise Standalone Consolidated YoY YoY Income Statement Q2FY23 Q2FY22 Change Income Statement Q2FY23 Q2FY22 Change (%) (%) Revenue from operations 6,757 3,691 83% Revenue from operations 6,757 3,691 83% Other Income 8 11 -27% Other In
Slide 31: Financial Snapshot (Standalone)
Financial Snapshot (Standalone) All figures in INR Cr unless stated otherwise Income Statement Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Balance Sheet 31-Mar-22 30-Sep-22 Assets Revenue from Non-Current Assets 4,950 4,923 3,691 5,092 4,442 6,455 6,757 operations Property, Plant & Equipment 4,224 4,153 Righ
Slide 32: Financial Snapshot (Consolidated)
Financial Snapshot (Consolidated) All figures in INR Cr unless stated otherwise Income Statement Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Balance Sheet 31-Mar-22 30-Sep-22 Assets Revenue from Non-Current Assets 4,716 4,692 3,691 5,092 4,442 6,455 6,757 operations Property, Plant & Equipment 4,224 4,153 Ri
Slide 33: Thank You
Thank You National Fertilizers Limited (A Government of India Undertaking) CIN: L74899DL1974GOI007417 Registered Office: SCOPE Complex, Core-III, 7-Institutional Area, Lodhi Road, New Delhi - 110 003 Corporate Office: A-11, Sector-24, Noida 201301 Contact: 0120-2412294, 2412445
National Fertilizers — Non-Deal Roadshow (December 2022) on 6ix