India Pesticides Ltd. · NSE:IPL
India Pesticides — Q1 FY2024 Earnings Presentation
16 slides from India Pesticides's earnings presentation, Aug 1, 2023
Slide 1: Covering letter: Investor Presentation for Q1 FY2024 results
INDIA PESTICIDES LIMITED An ISO 9001:2015, 14001:2015, 45001:2018 and 10002:2018 Company CIN No. L24112 UP1984PLC006894 GSTIN- 09AAACI3591D1ZO IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLI
Slide 2: India Pesticides Limited Earnings Presentation Q1 FY2024
INDIA PESTICIDES LIMITED Earnings Presentation Q1 FY2024 www.indiapesticideslimited.com
Slide 3: India Pesticides At a Glance
India Pesticides At a Glance Diversified product offerings, ability to develop client specific molecules quickly and efficiently An R&D-driven chemical manufacturer of Agrotechnical & APIs, along with growing 1 Formulation's business 2 Active Manufacturing Facility Sole Indian manufacturer and globa
Slide 4: Manufacturing Facility and Sales Network
Manufacturing Facility and Sales Network Manufacturing Facilities Manufacturing Facilities Plants as on 30.06.23 Technicals (MTPA) Formulations (MTPA) Presence Sales Network Dewa Road, Lucknow 2,100 3,000 R&D Centers Sandila, Hardoi 22,100 3,500 Upcoming Manufacturing Facility Total 24,200 6,500 Cos
Slide 5: Strengths & Strategies
Strengths & Strategies Product portfolio and capacity expansion will be driving factors for growth Strength Strategies R&D and Product Enhancing Deliberated Strong R&D and product development Portfolio Expansion Approach on ESG & HSE capabilities Diversified portfolio of niche and quality o Leveragi
Slide 6: Performance Highlights
Performance Highlights Management Commentary Q1 FY2024 “In Q1 FY2024, the Company faced a highly volatile global business environment, characterized by numerous challenges such as unfavorable macroeconomic scenarios, subdued volumes, high-cost inventories and steep price drops due to oversupply of r
Slide 7: Q1 FY24 Performance Highlights
Q1 FY24 Performance Highlights Rs in Million Total Income Gross Profit and Margins • Overall revenue de- • Gross Profit de-grew grew by 7.7% YoY 49% by 34.5% YoY • Multiple factors 36% • Margins impacted especially price due to muted drops, lower global volumes and demand and subdued inventory loss
Slide 8: Revenue Break-up
Revenue Break-up Technicals + APIs constitute 79% of Revenues during Q1 FY24 Rs in Million Technicals + API Revenue Share 7,066 21% 5,068 5409 1,587 FY21 FY22 FY23 Q1 FY24 Q1 FY2024 Formulation 79% 1,753 1,783 1,358 427 Techinical + API Formulations FY21 FY22 FY23 Q1 FY24 Consolidated numbers 7
Slide 9: Performance Summary
Performance Summary Y-o-Y Q-o-Q Y-o-Y (Rs. Million) Q1 FY24 Q1 FY23 Q4 FY23 FY23 FY22 (%) (%) (%) Total Income 2,047 2,217 (7.7)% 2,011 1.8% 8,982 7,293 23.2% Gross Profit 734 1,120 (34.5)% 920 (20.3)% 4,132 3,992 3.5% Gross Margin (%) 35.8% 50.5% 45.8% 46.0% 54.7% EBITDA 260 590 (55.9)% 450 (42.2)%
Slide 10: Capacity and Product Portfolio Expansion
Capacity and Product Portfolio Expansion Consistent efforts towards generating and serving future potential demand Q2 FY23 Q4 FY23 Upcoming Expansion and Product Launch • Launched a selective systemic herbicide, Hamirpur project EIA report exclusively for export purpose accepted by MOEF and meeting
Slide 11: Competitive Strengths: People, Process and Productivity
Competitive Strengths We believe in People, Process and Productivity and follow highly customer centric approach Diversified and Trusted Global Presence In-House R&D in India Quality Product Offerings Customer Base Tie-ups with top Capable of designing Sales network in 25+ Products comply with chemi
Slide 12: Engagement with Farmers
Engagement with Farmers Empowering Agriculture India Pesticides Limited (IPL) has exemplified its commitment to the farming community by actively engaging with farmers through impactful campaigning and enthusiastic participation in Farmer's exhibitions. Recognizing the crucial role farmers play in o
Slide 13: Our CSR Involvement
Our CSR Involvement Nutrition Garden & Food Forest Samagra Sudhar Chuppi Tod; Halla Bol The project developed 5 Food Forests in IPL and "Samadhan Abhiyan" NGO are Lucknow and the events were held through collaborating with UP Police and Judiciary to education on environmental protection. This Two mo
Slide 14: Key Takeaways
Key Takeaways Board and Management is committed to continuous growth and sustainability Manufacturing capacity expansion will Higher return ratios due to create economies of scale and improve efficient capital and asset efficiency in manufacturing processes utilization Consistent growth with Product
Slide 15: Disclaimer
Disclaimer Certain statements in this presentation concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The company's results may b
Slide 16: Corporate office and contact details
INDIA PESTICIDES LIMITED Corporate office: Contact us: Water Works Road, Aishbagh, Mr. S P Gupta Lucknow - 226 004, Uttar Pradesh, Chief Financial Officer India investor@indiapesticideslimited.com +91 522 2653602 +91 522 2653602 www.indiapesticideslimited.com