Aarti Industries Ltd · NSE:AARTIIND
Aarti Industries — Q2 FY24 Earnings Presentation
21 slides from Aarti Industries's earnings presentation, Nov 6, 2023
Slide 1: Results presentation cover letter to stock exchanges
November 6, 2023 To, Listing/ Compliance Department To, BSE LTD. Listing/Compliance Department Phiroze Jeejeebhoy Towers, National Stock Exchange of Dalal Street, India Limited Mumbai – 400 001. “Exchange Plaza”, Plot No. C/1, G Block Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051. BSE CODE –5
Slide 2: Aarti Industries Limited Q2 FY24 Results Presentation
Unlocking Opportunities Building a Stronger Future Aarti Industries Limited • Q2 FY24 Results Presentation
Slide 3: Disclaimer
Disclaimer AARTI INDUSTRIES LIMITED may, from time to time, make written and oral forward-looking statements, in addition to statements contained in the company's filings with BSE Limited [BSE] and National Stock Exchange of India Limited [NSE], and our reports to shareholders. The company does not
Slide 4: Agenda
Agenda 01 02 03 Company Q2 FY24 Growth Overview Financial Opportunity Results & Strategy 3
Slide 5: Our Ethos
Our Ethos PURPOSE Right Chemistry for a Brighter Tomorrow CARE VISION To emerge as a Global Partner of Choice for leading consumers of speciality INTEGRITY chemicals and intermediates MISSION Delighted Stakeholders EXCELLENCE
Slide 6: About Aarti Industries Limited
About Aarti Industries Limited Overview Financial Trends ▪ Established by first generation technocrats in 1984 ▪ Specialized in Benzene-based derivatives 15% 15% ₹6,252 Cr. ▪ Integrated operations and high-cost optimization ▪ Key value chains include Nitro Chloro Benzenes, Di-Chlorobenzenes, 5-Year
Slide 7: Key Strengths
Key Strengths Global Player in Well placed to Strong Focus on Well Diversified Benzene based Thrust on benefit from R&D and Process Across Multiple Derivatives with Sustainability Industry Tailwinds Innovation Dimensions Integrated Operations Top 3 Alternate to 40+ 100+ 45% In Chlorination and China
Slide 8: Well diversified customer base across varied end-use segments
Well diversified customer base across varied end -use segments Key End-Use Industries Served Agrochemicals Pharmaceutical Dyes/ Pigments Additives Polymer Home & Personal Care Other industries include personal care ingredients, nutra-functional ingredients, water, etc. Key Customers 7
Slide 9: Sustainability Is At The Core Of What Aarti Does
Sustainability Is At The Core Of What Aarti Does Environment • 11 sites are Zero Liquid Discharge (ZLD) • Total water recycled ~45% of the total water withdrawal in FY 22 • More than 6010 KL water harvested through rainwater in FY 22 • Recycled 90% waste, remaining 10% is responsibly disposed Social
Slide 10: Pioneering R&D Excellence
Pioneering R&D Excellence State-of-the-art R&D centres Planned product introductions, more than 50% 2 at Maharashtra & Gujarat 40+ products will be launched first time in India 19 PhDs and 18,000 Covered by an ultra-modern 19 Patents filed 220+ scientists Sq. Ft. synthesis laboratory Fully Digitised
Slide 11: Agenda: Q2 & H1 FY24 Financial Results
Agenda 01 02 03 Company Q2 & H1 FY24 Growth Overview Financial Opportunity Results & Strategy 10
Slide 12: Q2 & H1 FY24 Highlights (Consolidated)
Q2 & H1 FY24 Highlights (Consolidated) Revenues EBITDA Profit Before Tax Profit After Tax 15.9%* 30.0%* 1,847 267 150 15.5%* 124 233 201 91 1.7%* 82 70 1,597 71 1,571 Q2 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q1 FY24 Q2 FY24 Revenues EBITDA Profit Before Tax Pro
Slide 13: Performance Overview – Q2 FY24
Performance Overview – Q2 FY24 Revenue of Rs. 1,597 crore; an EBITDA of Rs. 233 crore; an increase PAT of Rs. 91 crore; an increase of increase of 2% over Q1 FY24 of 16% over Q1 FY24 30% over Q1 FY24 • The performance improved on a sequential basis due to volume gains in several products. Headwinds
Slide 14: Chairman's Message
Chairman’s Message Commenting on the performance for Q2 FY24, Mr. Rajendra Gogri – Chairman & Managing Director at Aarti Industries Limited said: “I am glad to share that we have reported a strong performance, during the challenging times, reflected by 16% gains in absolute EBITDA compared to the pr
Slide 15: Q2 & H1 FY24 – Consolidated Profit & Loss
Q2 & H1 FY24 – Consolidated Profit & Loss Particulars (Rs. Crore) Q2 FY24 Q2 FY23 Y-o-Y (%) Q1 FY24 Q-o-Q (%) H1 FY24 H1 FY23 Y-o-Y (%) Gross Income from Operations 1,597 1,847 -13.5% 1,571 1.7% 3,168 3,603 -12.1% Exports 854 927 -7.9% 674 26.7% 1,528 1,705 -10.4% % of Total Income 53.5% 50.2% 42.9%
Slide 16: Agenda: Growth Opportunity & Strategy
Agenda 01 02 03 Company Q2 FY24 Growth Overview Financial Opportunity Results & Strategy 15
Slide 17: Future Growth Projects: Driven by R&D & Innovation
Future Growth Projects: Driven by R&D & Innovation ● Adding new chemistries and Value added products Manufacturing Outsourcing / o 40+ products for Chemicals through Strategic Alliances and Integrated Value Chain. o Chloro Toulene Base capacity: Setting up Universal ~ 42000 TPA Multipurpose Plants (
Slide 18: Major Projects: FY19 – H1 FY25
Major Projects: FY19 – H1 FY25 Operationalised by FY23 To be Completed by Sept 24 Set up New Research & Operationalized Phase 1 Unit at Dahej Technology Centre at Navi SEZ for agrochemical intermediates & NCB Capacity Expansion at Vapi Mumbai Speciality Chemical Specialty Chemicals Blocks at various
Slide 19: Future Growth Opportunities & Outlook
Future Growth Opportunities & Outlook Growth Strategy Outlook Partnership with Global Companies • Collaborate with world’s leading chemical companies • Macro Concerns on demand continuing from FY23 and FY24 is expected to progressively improve in H2FY24. • Build on existing partnerships and build ne
Slide 20: About Us
About Us Aarti Industries Limited (AIL) is one of the most competitive benzene-based speciality chemical companies in the world. AIL is a rare instance of a global speciality chemicals company that For further information please log on to combines process chemistry competence (recipe focus) with sca
Slide 21: Thank you
© AARTI INDUSTRIES