Ddev Plastiks Industries Limited · NSE:DDEVPLSTIK
Ddev Plastiks Industries — Q4 FY2023 Earnings Presentation
25 slides from Ddev Plastiks Industries's earnings presentation, 2023
Slide 1: Earnings Presentation Q4 FY23 and FY23
Earnings Presentation Q4 FY23 and FY23 Leading Manufacturer of Compounds www.ddevgroup.in Filler Compounds Color Masterbatch 66KV XLPE Cable XLPE Cable Engineering Plastics PVC Compounds
Slide 2: Business Overview – A Leading Manufacturer of Polymer Compounds
Business Overview – A Leading Manufacturer of Polymer Compounds About Us Q4 FY2023 Performance Highlights • A leading manufacturer of polymer compounds in India Revenue 7.2% Gross Profit 54.6% with a capacity of 2,39,000 MTPA Y-o-Y Y-o-Y Rs. 667 Cr Rs. 136 Cr • 5 manufacturing units with state-of-th
Slide 3: Q4 FY23 Management Commentary
Q4 FY23 Management Commentary Commenting on the Performance, Narrindra Suranna, Chairman and Managing Director said: “FY23 has proven to be a remarkable year for our Company as we became public, thus advancing ourselves towards a promising future. We successfully navigated through challenges posed b
Slide 4: FY2023 Performance Highlights
FY2023 Performance Highlights Revenue from Operations 12.4% Y-o-Y Gross Profit and Margins 21.5% Y-o-Y 25,037 22,269 3,804 17,112 3,130 15,346 2,228 2,135 13.0% 13.8% 13.9% 15.0% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 EBITDA and Margins 45.2% Y-o-Y Profit After Tax and Margins 90.0% Y-o-Y 1,857 1,0
Slide 5: Q4 FY2023 Performance Highlights
Q4 FY2023 Performance Highlights Revenue from Operations 7.2% Y-o-Y Gross Profit and Margins 54.6% Y-o-Y 6,547 6,672 1,364 6,222 6,447 5,371 882 921 836 684 20.2% 14.0% 12.6% 12.7% 14.1% Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 EBITDA and Margins 94.7% Y-o-Y Profit After
Slide 6: Capital Structure
Capital Structure (Rs. Million) FY21 FY22 FY23 Long Term Debt 3 0.3 - Short Term Debt 855 1,290 558 Total Debt 859 1,290 558 (-) Cash & Cash Equivalents 75 61 70 Net Debt 784 1,230 488 Total Equity 3,375 3,919 4,943 Net Debt/Equity 0.23 x 0.31 x 0.10 x Net Debt/EBITDA 1.05 x 0.66 x 0.38 x Instrument
Slide 7: Return Ratios
Return Ratios Return on Capital Employed Return on Equity Return on Asset 32.4% 23.5% 11.3% 24.6% 17.4% 15.0% 18.9% 8.5% 16.0% 6.4% 6.5% 3.0% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Note: • Restated Financials post Demerger • FY21 figures are enclosure of different business verti
Slide 8: Financial Performance
Financial Performance Q4 Y-o-Y Q3 Q-o-Q Full Year Y-o-Y (Rs. Million) FY2023 FY2022 Growth(%) FY2023 Growth(%) FY2023 FY2022 Growth(%) Revenue from Operations 6,672 6,222 7.2% 6,547 1.9% 25,037 22,269 12.4% Other Income 89 74 19.8% 5 1758.5% 258 223 15.5% Total Income 6,761 6,296 7.4% 6,552 3.2% 25,
Slide 9: Segment Results - Trend
Segment Results - Trend Revenue - Geography Revenue - Product Category 2% 13% 19% 23% 32% 33% 29% 30% 27% 23% 40% 10% 9% 9% 10% 85% 68% 67% 71% 70% 71% 68% 67% 60% 63% Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Domestic % Exports % Polyethylene % Poly Vinyl Chloride % Othe
Slide 10: Operational Performance
Operational Performance Utilization Installed Products User Industry Capacity (TPA) FY18 FY19 FY20 FY21 FY22 FY23 Antifab/ Filled Compounds/ Packaging Goods 36,000 45,758* 33,776 24,154 27,435 34,684 27,244 Master Batches Wire & Cable Industry. PVC Compounds 44,000 31,941 31,518 33,570 23,602 18,282
Slide 11: Manufacturing Capabilities
Manufacturing Capabilities Installed Name of the Plant Products manufactured Capacity (MTPA) Anti fibrillation Compound-PE & PP 27,500 Dhulagarh – West Bengal Sioplas 4,000 PVC Compound 6,000 Dadra and PVC Compounds Cables 38,000 2 Nagar Haveli Silvasa - Dadra Plant 1 HFFR 2,000 Silvasa - Dadra Plan
Slide 12: Product Portfolio
Product Portfolio Antifab / Filled Sioplas Compound / XLPE Engineering Plastics PVC Compounds HFFR Compounds/ Master Compound / Semicons Compounds Batches 01 www.ddevgroup.in | 12
Slide 13: New Product Launches / Important Developments
New Product Launches / Important Developments Approval for WTR (Water Tree Retardant) XLPE for 72 KV Application • Ddev Plastiks Industries has launched their first locally produced WTR XLPE (Water Tree Retardant XLPE) for the insulation of cables up to 72 KV • This insulation material is highly eff
Slide 14: Diversified Customers - Domestic
Diversified Customers - Domestic Top clientele constitutes of prominent domestic and global companies Diversified customer base across cable, footwear, pipe and packaging industry mitigates industry-specific downturn impact Well established relationships with renowned clientele provide stability to
Slide 15: Diversified Customers - Exports
Diversified Customers - Exports 01 www.ddevgroup.in | 15
Slide 16: Business Growth Drivers
Business Growth Drivers In house ability for designing and testing of new Wide range of extruder capabilities provide compounds with large fully equipped labs and flexibility to produce custom quantities for wide teams range of customers Multi-location setup, minimizing transportation Excellent mark
Slide 17: Successful Completion of Demerger Strategic Rationale
Successful Completion of Demerger Kkalpana Industries Strategic Rationale Demerger Ratio 1:1 Simplification of business structure Manage different business independently and be fully focused on Kkalpana Industries Ddev Plastiks exploring respective growth opportunities Reprocessing Business Compound
Slide 18: Major Milestones Achieved
Major Milestones Achieved • Set up of Engineering • Demerger of the two Setting up of factory Plastic Compounding businesses, Compounding at Dhulagarh, Howrah, West unit at Daman & Reprocessing Company Bengal. and Setting up of new • Started manufacturing • Listing post Demerger Incorporated and Set
Slide 19: Experienced Board of Directors
Experienced Board of Directors Mr Narrindra Suranna Mr. Dev Krishna Surana Chairman & Managing Director Director Associated with Company since inception. Wide Dynamic business leader and key driving force of Company. experience in Plastic Industry, Company has He have done B.Com (Hons.) from St. Xav
Slide 20: Leadership Team
Leadership Team Mr Arihant Bothra Ms. Tanvi Goenka Chief Financial Officer Company Secretary He is an Associate member of Institute of Chartered She is a graduate in commerce and has received her Accountants of India and an IIM Calcutta Alumini. membership of Institute of Company Secretaries of Indi
Slide 21: Accreditations and Industry Recognition
Accreditations and Industry Recognition ISO Certificates KEMA Approval CPRI Approval CACT Approval NFC 33209 Approval POWERGRID Approval UL Approval French Lab XLPE ROHS TESTS PVC ROHS REACH TESTS ERDA 01 www.ddevgroup.in | 21
Slide 22: Awards & Recognitions
Awards & Recognitions Mr. Narrindra Suranna, Chairman and Managing Director of Ddev Plastiks has received The Economic Times Asia’s most promising Business Leader Award 2023 01 www.ddevgroup.in | 22
Slide 23: Sustainability at the Core
Sustainability at the Core Anna Prashan & Pravesh Utsav to promote Distributed Tri-color T-shirts to labour and Planted over 500 trees Adivasi child admission to school & for locals on Independence Day, celebrated Har at manufacturing units and schools nutrition during Ghar Tiranga campaign at our S
Slide 24: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements • This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Ddev Plastiks Industries Limited (also referred to as the ‘Company’). By attending the meetin
Slide 25: Leading Manufacturer of Compounds
Earnings Presentation Registered Office Mumbai Office 2B, Pretoria Street, 106, Laxmi Plaza, Laxmi Industrial Estate, Kolkata – 700 071 New Link Road, Andheri (West), Mumbai – 400 053 Phone: +91 33 22823744/45/8818 Phone: +91 22 67021470/71/72 Leading Fax: +91 33 22823739 Email: kolkata@ddevgroup.in
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