Jubilant Industries — Q4 FY24 Earnings Presentation
28 slides from Jubilant Industries's earnings presentation, May 27, 2024
Slide 1: Exchange filing cover letter
May 27, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 533320 Symbol: JUBLINDS Sub: Investor Presentation on the Audited Financial Results of the Company
Slide 2: Earnings Presentation Q4-FY24/FY24
EARNINGS PRESENTATION Q4-FY24/FY24
Slide 3: Snapshot
SNAPSHOT Consumer Products One of the leading consumer brands in Adhesives market and a reputed player in the Wood Finishes market OVERVIEW • Jubilant Bhartia group company • Wide Product Range – B2C & B2B • Experience and capabilities built over 2 decades • Focus to grow Consumer Business Food Poly
Slide 4: Geographical Presence
GEOGRAPHICAL PRESENCE Strong diversified pan India presence along with exports in key markets Sweden Headquarters Russia Gurgaon, HRY Belgium Czech Republic France Serbia Turkmenistan Germany C USA Turkey Spain Israel China Korea B D Luxemburg Nepal Mexico EGYPT UAE INDIA Middle East Thailand Vietna
Slide 5: Manufacturing Plants
M A N U FA C T U R I N G P L A N T S Gajraula, Uttar Sahibabad, Uttar Samlya, Vadodara, Kapasan, Chittorgarh, Pradesh Pradesh Gujarat Rajasthan SSP, SPVA, Adhesive and Wood Finishes Adhesives Latex SSP TOTAL CAPACITY Polymers: 55,000 MTPA Single Super Phosphate: 400,000 MTPA 44
Slide 6: Adhesives
ADHESIVES REVENUE (INR MN) 3,512 3,065 All Heat Resistance Water Proof 1,956 Purpose Water Proof 951 955 FY20 FY21 FY22 FY23 FY24 Anti Bubble Super Fast Specialist EBIT (INR MN) Vertical Bonding, 243 For PVC, Lamination Benzene Free Acrlyic FY20 FY21 FY22 FY23 FY24 -57 -59 -53 Fast Drying High Cover
Slide 7: Adhesives: New Products Launched
ADHESIVES: NEW PRODUCTS LAUNCHED Multi surface application Synthetic Resin Adhesive Multi surface application WPC/PVC expert Industrial Use Nail free application 66
Slide 8: Adhesives: Q4-FY24/FY24 Financial Highlights
ADHESIVES: Q4-FY24/FY24 FINANCIAL HIGHLIGHTS ADHESIVES (INR MN) NET SALES EBIT * Q3-FY24 Financial Performance Q4 FY24 927 86 Q4 FY23 801 38 GROWTH 15.7% 129.3% Adhesives NET SALES EBIT * FY24 3,512 243 FY23 3,065 -53 GROWTH 14.6% * EBIT as per Segment 77
Slide 9: Adhesives Q4-FY24/FY24 Operational Highlights
A D H E S I V E S Q 4 - F Y 2 4 / F Y 2 4 O P E R AT I O N A L H I G H L I G H T S • Gained market share • Recorded strong double-digit growth • Expanded reach through wider distribution network • Strengthened contractor loyalty program • Higher EBITDA due to better product mix , lower RM costs and
Slide 10: Performance Polymers & Chemicals
P E R F O R M A N C E P O LY M E R S & C H E M I C A L S REVENUE (INR MN) 9,308 9,578 Performance polymer & chemicals business vertical product portfolio includes Consumer products, Food Polymers and Latex. 6,816 3,573 3,711 Consumer Products Adhesives Wood Finishes FY20 FY21 FY22 FY23 FY24 EBIT (IN
Slide 11: Performance Polymers & Chemicals: Q4-FY24/FY24 Financial Highlights
P E R F O R M A N C E P O LY M E R S & C H E M I C A L S : Q 4 - F Y 2 4 / F Y 2 4 FINANCIAL HIGHLIGHTS PERFROMANCE POLYMERS & CHEMICALS (INR MN) NET SALES EBIT * Q4 FY24 2,400 317 Q4 FY23 2,266 211 GROWTH 5.9% 50.7% PERFROMANCE POLYMERS & CHEMICALS NET SALES EBIT * FY24 9,578 1,346 FY23 9,308 715 G
Slide 12: Performance Polymers & Chemicals Operational Highlights
P E R F O R M A N C E P O LY M E R S & C H E M I C A L S Q 4 - F Y 2 4 / F Y 2 4 O P E R AT I O N A L H I G H L I G H T S • Gained global market share • Expanded into new geographies • New customer acquisitions • Lower Revenue growth due to lower raw material prices • Higher EBITDA driven by better
Slide 13: Agri Products
AGRI PRODUCTS REVENUE (INR MN) Agri business offers a range of 5,421 4,842 products in Crop Nutrition, Crop Growth Regulator and Crop Protection. 2,955 2,501 1,862 No.1 for Single Products sold Super Phosphate under the FY20 FY21 FY22 FY23 FY24 (SSP) in Uttar umbrella brand Pradesh. ‘Ramban’. EBIT (
Slide 14: Agri Products: Q4-FY24/FY24 Financial Highlights
AGRI PRODUCTS: Q4-FY24/FY24 FINANCIAL HIGHLIGHTS AGRI PRODUCTS (INR MN) NET SALES EBIT * Q3-FY24 Financial Performance 9M-FY24 Financial Performance Q4 FY24 603 (102) Q4 FY23 1,167 (5) GROWTH (48.4%) AGRI PRODUCTS NET SALES EBIT * FY24 2,955 (194) FY23 5,421 388 GROWTH (45.5%) * EBIT as per Segment
Slide 15: Agri Products Q4-FY24/FY24 Operational Highlights
A G R I P R O D U C T S Q 4 - F Y 2 4 / F Y 2 4 O P E R AT I O N A L H I G H L I G H T S • Revenue De-growth due to lower demand and excess supply of other phosphatic fertilizers • Relative price of SSP increased as compared to other phosphatic fertilizers • Subsidy increased announced for Kharif Se
Slide 16: Restructuring Plan
R EST R U C T U R I N G P L A N The Board of Directors of Jubilant Agri and Consumer Products Limited (“Wholly Owned Subsidiary of the Company / JACPL”) at its meeting held on i.e., February 9, 2024, discussed and in principally approved a restructuring plan under which its Agri Products and Sulphur
Slide 17: Q4-FY24/FY24 Financial Overview
Q4-FY24/FY24 FINANCIAL OVERVIEW 16 16
Slide 18: Consolidated: Q4-FY24/FY24 Financial Highlights
C O N S O L I DAT E D : Q 4 - F Y 2 4 / F Y 2 4 F I N A N C I A L H I G H L I G H T S CONSOLIDATED (INR MN) NET SALES EBITDA * PBT ** PAT*** Q3-FY24 Financial Performance Q4 FY24 3,003 223 9M-FY24 Financial 137 Performance 222 Q4 FY23 3,434 200 125 97 GROWTH (12.5)% 11.8% 10.1% 128.0% CONSOLIDATED N
Slide 19: Segment Results
S E G M E N T R E S U LT S Q4 FY24 FY24 Sr No. Particulars Mar-23 Mar-24 Y-o-Y Mar-23 Mar-24 Y-o-Y 1 Segment Sales * A) Performance Polymers & Chemicals 2,266 2,400 6% 9,308 9,578 3% B) P&K Fertilizers 1,151 580 (50)% 5,293 2,823 (47)% C) Agri Nutrients 16 23 43% 128 132 3% Revenue from Operations 3
Slide 20: Quarterly Financial Performance
Q U A R T E R LY F I N A N C I A L P E R F O R M A N C E PARTICULARS (INR MN) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Revenue from Operations 3,003 3,434 (12.5)% 2,925 2.7% Total Expenses 2,779 3,235 (14.0)% 2,658 4.6% EBITDA 224 199 11.8% 267 (16.4)% EBITDA Margins (%) 7.4% 5.8% 161 Bps 9.11% (170)Bps
Slide 21: Annual Financial Performance
ANNUAL FINANCIAL PERFORMANCE PARTICULARS (INR MN) FY24 FY23 Y-o-Y Revenue from Operations 12,533 14,729 (14.9)% Total Expenses 11,457 13,700 (16.4)% EBITDA 1,076 1,029 4.6% EBITDA Margins (%) 8.59% 7.0% 161 Bps Depreciation and amortisation expenses 150 142 5.9% Finance costs 196 194 1.2% Other Inco
Slide 22: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW 21 21
Slide 23: Historical Income Statement
H I S TO R I C A L I N C O M E S TAT E M E N T PARTICULARS (INR MN) FY20 FY21 FY22 FY23 FY24 Revenue from Operations 5,434 6,212 11,658 14,729 12,533 Total Expenses 4,920 5,696 10,661 13,700 11,457 EBITDA 514 516 997 1,029 1,076 EBITDA Margins (%) 9.46% 8.31% 8.56% 6.99% 8.59% Depreciation and amort
Slide 24: Historical Balance Sheet
H I S TO R I C A L B A L A N C E S H E E T PARTICULARS (INR MN) FY21 FY22 FY23 FY24 PARTICULARS (INR MN) FY21 FY22 FY23 FY24 Equity Non-current Assets Property, plant & Share Capital 150 150 151 151 1,385 1,516 1,685 1,707 equipment Other Equity 700 1,247 1,883 2,192 Other Intangible Assets 19 14 13
Slide 25: Key Performance Indicators
K E Y P E R F O R M A N C E I N D I C ATO R S OPERATIONAL REVENUE (INR MN) EBITDA (INR MN) & EBITDA MARGINS (%) PAT (INR MN) & PAT MARGINS (%) 1,076 3.58% 997 1,029 4.60%536 14,729 528 9.46% 3.17% 12,533 8.31% 8.56% 11,658 8.59% 2.33% 6.99% 514 516 292 5,434 6,212 172 -93 FY20 FY21 FY22 FY23 FY24 FY
Slide 26: Capital Market Information
C A P I TA L M A R K E T I N F O R M AT I O N SHARE PRICE MOVEMENT (Up to 31st March, 2024) 300.00% 250.00% 200.00% 150.00% 100.00% 50.00% 0.00% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 JUBILANT IND SENSEX MARKET DATA (INR) (As on 31ST March, 2024) SHAREHOL
Slide 27: Disclaimer
DISCLAIMER Jubilant Industries Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all event
Slide 28: Thank You
THANK YOU