Shree Pushkar Chemicals & Fertilisers Ltd. · NSE:SHREEPUSHK
Shree Pushkar Chemicals & Fertilisers — H1 FY21 Earnings Presentation
29 slides from Shree Pushkar Chemicals & Fertilisers's earnings presentation, December 2022
Slide 1: Shree Pushkar Chemicals and Fertilisers Limited Investor Presentation
Shree Pushkar Chemicals and Fertilisers Limited Investor Presentation Q2 & H1FY21
Slide 2: Agenda
Agenda 01 Q2 &H1FY21 Result Highlights 02 Company Overview 03 Chemical (DI and DS) Segments Overview 04 Fertilisers Segments Overview 05 Growth Strategy 06 Historical Financial Highlights 2
Slide 3: Q2 & H1FY21 Result Highlights
Q2 & H1FY21 Result Highlights
Slide 4: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Quarter Half-Year (Rs. Cr) Q2FY21 Q2FY20 Y-o-Y Q1FY21 Q1FY20 Y-o-Y Net Sales 59.0 67.1 -12.0% 103.7 144.7 -28.4% Cost of Raw Material 34.7 41.8 64.0 94.0 Employee Cost 4.2 4.9 8.2 10.0 Other Expenses 11.2 8.9 21.5 20.9 Total Expenditure 50.1 55.6 93.7 124.9 EBITD
Slide 5: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Quarter Half-Year (Rs. Cr) Q2FY21 Q2FY20 Y-o-Y Q1FY21 Q1FY20 Y-o-Y Net Sales 76.9 81.9 -6.1% 140.7 174.0 -19.1% Cost of Raw Material 45.1 49.8 87.9 109.9 Employee Cost 5.3 6.0 10.2 11.9 Other Expenses 15.0 12.4 28.0 27.6 Total Expenditure 65.4 68.2 126.1 149.5
Slide 6: Standalone Balance Sheet
Standalone Balance Sheet (Rs. Cr) Sep-20 Mar-20 (Rs. Cr) Sep-20 Mar-20 EQUITY & LIABILITY ASSETS Share Capital 30.8 30.8 Non-Current Assets Total Reserves 269.2 263.0 Fixed Assets incl CWIP & intangible 182.2 181.0 Shareholder's Funds 300.0 293.8 Investment in subsidiary 21.3 21.3 Long-Term Borrowin
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet (Rs. Cr) Sep-20 Mar-20 (Rs. Cr) Sep-20 Mar-20 EQUITY & LIABILITY ASSETS Share Capital 30.8 30.8 Non-Current Assets Total Reserves 283.7 275.4 Fixed Assets incl CWIP & intangible 215.7 215.5 Shareholder's Funds 314.5 306.2 Long-Term Borrowings Financial Assets 71.6 60.3 Sec
Slide 8: Segmental Performance
Segmental Performance Q2FY21 Segment Breakup H1FY21 Segment Breakup Acid & Others Acid & Others Cattle Feed 1% Cattle Feed 1% Dyestuff Dyestuff 1% 1% 24% 19% Fertilisers Fertilisers 40% 51% Dye Dye Intermediate Intermediate 28% 34% Consolidated financials; Fertilizers include Kisan Phosphates Consol
Slide 9: Company Overview
a Company Overview
Slide 10: Completely Integrated Product Portfolio
Completely Integrated Product Portfolio Acid Complex DCP – Cattle Feed Fertilisers Dye Intermediates Dyestuff Capacity 40,000 MTA 4,500 MTA 1,50,000 MTA 8,986 MTA 6,000 MTA Acid - Sulphuric Cattle Feed - DCP SSP, NPK, SOP and Soil Vinyl Sulphone, H-Acid, Reactive dyes Products Acid, Oleum and Condit
Slide 11: A Cost-Efficient Business Model
A Cost-Efficient Business Model Strategic All manufacturing facilities are within MIDC, Lote Parshuram, Maharashtra, thus offering numerous Plant Location logistics and management control advantages Own Logistics Own Logistics fleet that brings ease of transportation without time delays in sourcing
Slide 12: While Maintaining Best In Class Environmental Compliance
While Maintaining Best In Class Environmental Compliance Efficient use of byproducts: effluents/ wastes from one production activity are utilized in other product verticals to create a set of value-added products Zero waste company: the methodology of using effluents of one vertical in another leads
Slide 13: Chemical (DI and DS) Segments Overview
Chemical (DI and DS) Segments Overview
Slide 14: Overview Of Dyestuff And Dye Intermediates
Overview Of Dyestuff And Dye Intermediates Single product in 2001 to over 10 products now Revenue (Rs. Cr) Capacity – 8,986 MTPA 227 200 Dye Intermediates ▪ A wide portfolio of dye intermediates – H-Acid, VS, K-Acid, 135 Wide range of products Gamma Acid, R Salt, among others under one roof ▪ Capaci
Slide 15: The Evolution of Chemical Business
The Evolution of Chemical Business FY 16 - IPO FY 20 - Now Way ahead A dye intermediates An integrated dye A major market company player with a player amongst the diversified portfolio largest in India Evolved from a single product in 2001 Expanded DI products basket; Planned capex of Rs. 75 Cr to f
Slide 16: Industry Opportunities For Dye And Dye Intermediates
Industry Opportunities For Dye And Dye Intermediates ▪ The Indian Dyestuff and Dye Intermediate industry is undergoing a transitionary phase – the country went from being a net importer to a leading exporter across the globe ▪ The Indian Dye Intermediates market is expected to grow to $6.3 billion b
Slide 17: Fertilizers Segments Overview
Fertilizers Segments Overview
Slide 18: Overview of Fertilizer Segment
Overview of Fertilizer Segment Pan-India presence in key agriculture states Product Capacity MTPA Single Super Phosphate (SSP) 3,50,000 Backward Maharastra and Nitrogen Phosphorus Potassium (NPK) 18,000 Shree Pushkar integration from DI Standalone Karnataka Sulphate of Potash (SOP) 20,000 and dyestu
Slide 19: The Evolution of Fertilizer Business
The Evolution of Fertilizer Business FY 16 - IPO FY 20 - Now Way ahead A fertiliser producer A key fertiliser Market leader with with presence in producer with wider range of fertiliser select states presence products and pan India presence Initial expansion into fertilizer Acquired Kisan Phosphates
Slide 20: Industry Opportunities For Fertilizers
Industry Opportunities For Fertilizers ▪ Fertilisers are a key component in the growth of India’s agriculture sector, which accounts for about a sixth of the country’s GDP ▪ India is the world’s second-largest consumer of fertilizers and the world’s third-largest producer Strong Industry Demand Driv
Slide 21: Growth Strategy
a Growth Strategy
Slide 22: CAPEX Plan To Tap Into These Opportunities
CAPEX Plan To Tap Into These Opportunities Rs. 110 Cr DI Expansion MBPL Acquisition Revamp – Unit 1 Rs. 75 Cr Rs. 28 Cr Rs. 5 Cr • Rs 57.6 Cr already • The acquisition has • Revamp of Unit 1 has incurred completed and has been completed • Equipment machinery started operations. Will • Will see the r
Slide 23: Historical Financial Highlights
Historical Financial Highlights
Slide 24: Key Financial Highlights - Consolidated
Key Financial Highlights - Consolidated Revenue (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 452 41 395 67 37 36 346 61 50 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 24
Slide 25: Delivering Consistent Financial Performance - Consolidated
Delivering Consistent Financial Performance - Consolidated EBITDA Margin ROCE ROE 21.0% 15.4% 19.9% 17.0% 14.8% 14.5% 15.7% 15.1% 12.1% FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 ROCE = EBIT/Average Capital Employed (Equity + Short & Long Term Debt) ROE = Net Income/Average Shareholders Equity A Z
Slide 26: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement (Rs. Cr) FY20 FY19 FY18 Net Sales 284.4 400.2 370.2 Cost of Raw Material 179.9 273.8 258.3 Employee Cost 20.8 26.7 17.0 Other Expenses 42.8 41.1 37.7 Total Expenditure 243.5 341.7 313.0 EBITDA 40.9 58.5 57.2 EBITDA Margin% 14.4% 14.6% 15.4% Other Income 3.3 2.4 1
Slide 27: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement (Rs. Cr) FY20 FY19 FY18 Net Sales 346.3 451.9 395.3 Cost of Raw Material 214.4 302.6 272.1 Employee Cost 24.9 30.1 18.69 Other Expenses 56.7 52.1 43.35 Total Expenditure 296.1 384.8 334.1 EBITDA 50.3 67.1 61.15 EBITDA Margin% 14.5% 14.8% 15.5% Other Income 3.3
Slide 28: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shree Pushkar Chemicals and Fertilisers Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or
Slide 29: Thank You
Thank You Shree Pushkar Chemicals & Fertilisers Ltd S N Sengupta, Associate Director sengupta@shreepushkar.com Pareto Capital (Investor Relations) Pooja Dokania pooja.dokania@paretocapital.in Rishav Das rishav.das@paretocapital.in 210, B Wing, Kanakia Wall Street Andheri East, Mumbai - 400069
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