Yasho Industries Ltd. · NSE:YASHO
Yasho Industries — Investor Presentation (May 2021)
34 slides from Yasho Industries's investor presentation, May 13, 2021
Slide 1: Yasho Industries Limited Investor Presentation – May 2021
Yasho Industries Limited Investor Presentation – May 2021
Slide 2: Safe Harbour
2 Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Yasho Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 3: Financial Highlights
3 Financial Highlights
Slide 4: Business Highlights
4 Business Highlights Q4FY21 FY21 41% 23% Total Revenue Total Revenue growth on YoY basis growth on YoY basis 76% 38% EBITDA EBITDA growth on YoY basis growth on YoY basis 38% 21% Sales Volume Sales Volume growth on YoY basis growth on YoY basis India Ratings and Research (Ind-Ra) has assigned Long-
Slide 5: Business Highlights
5 Business Highlights “We are pleased to report the highest quarterly & annual performance for our company. Demand for all major chemicals have seen growth in H2FY21 as compared to H1FY21 despite all ongoing challenges in the country and the global market. Our revenue grew by 41% on YoY basis for th
Slide 6: Financial Highlights
6 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) PAT (Rs. Crs.) 14.0% 17.4% 3.0% 8.3% Margin +41.4% +76.0% +288.3% 110.1 19.2 9.1 77.9 10.9 2.3 Q4FY20 Q4FY21 Q4FY20 Q4FY21 Q4FY20 Q4FY21 Export (%) Volume (MTPA) EBITDA/ Tonne** (Rs) +38.1% 63.9% 2,325 70,718 55.1% 60,649 1,684 Q4FY20 Q4FY2
Slide 7: Highest Quarterly Performance
7 Highest Quarterly Performance Revenue (Rs. Crs.) 110.2 97.5 87.8 90.5 88.9 82.4 77.9 73.8 73.0 66.2 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Revenue Includes Other Income
Slide 8: Growing Contribution From Value Added Segments
8 Growing Contribution From Value Added Segments FY21 Segment-wise Revenue Breakup (Rs 357 Cr) FY20 Segment-wise Revenue Breakup (Rs 293 Cr) 15% 14% 25% 26% Aroma 5% 8% Food Antioxidant Rubber 35% 20% 16% Lubricant 36% Speciality Excluding Other Income
Slide 9: Profit & Loss Statement
9 Profit & Loss Statement Particulars (Rs. In Crs.) Q4FY21 Q4FY20 Y-o-Y Q3FY21 Q-o-Q FY21 FY20 Y-o-Y Revenue from Operation 107.4 77.2 39.1% 92.4 16.2% 359.4 297.1 21.0% Other income 2.7 0.7 5.1 10.1 3.2 Total Revenue 110.1 77.9 41.4% 97.5 13.0% 369.5 300.3 23.1% Cost of Material Consumed 66.9 47.1
Slide 10: Balance Sheet
10 Balance Sheet ASSETS (Rs. Crs) Mar-21 Mar-20 EQUITY AND LIABILITIES (Rs. Crs.) Mar-21 Mar-20 Non-Current Assets Shareholders Funds 78.9 57.5 Property, Plant and Equipment 103.1 91.3 Shareholder's equity 10.9 10.9 Capital Work-in-Progress - 11.6 Reserve & Surplus 68.0 46.6 Intangible Assets 16.8 1
Slide 11: Cash Flow Statement
11 Cash Flow Statement Particulars (Rs. Crs.) Mar-21 Mar-20 Net Profit Before Tax 30.8 16.8 Adjustments for: Non Cash Items / Other Investment or Financial Items 27.8 25.7 Operating profit before working capital changes 58.6 42.5 Changes in working capital (19.6) (8.1) Cash generated from Operations
Slide 12: Performance Highlights
12 Performance Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) PAT (Rs. Crs.) 12.5% 12.4% 11.7% 14.3% 16.0% 1.9% 3.1% 3.5% 4.0% 5.8% Margin +16.8% 369.5 +24.4% 59.1 21.5 343.4 300.3 +55.2% 254.2 40.1 42.9 198.4 31.6 11.9 12.1 24.7 8.0 3.7 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 F
Slide 13: Key Ratios
13 Key Ratios ROE (%) ROCE (%) Net Debt / Equity (x) 26.0% 27.2% 20.5% 6.8 23.5% 17.5% 21.2% 20.9% 15.4% 13.7% 14.1% 3.8 2.9 2.5 1.7 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Fixed Asset Turnover (x) Working Capital Days 5.9 191 164 151 3.7 3.6 124 3.4 3.3 104 FY17 F
Slide 14: Company Overview
14 Company Overview
Slide 15: Yasho Industries Ltd: A Snapshot
15 Yasho Industries Ltd : A Snapshot Manufacturer of specialty and Technocrat Promoters performance chemicals Strong Presence in Global Certifications Over 40 Countries Business Vertical : 5 Total Products : 160 9,200 MT 3 Manufacturing Units in Manufacturing Capacity Vapi, Gujarat
Slide 16: Our Journey from Aromatic Chemicals to Rubber & Lubricant additives
16 Our Journey from Aromatic Chemicals to Rubber & Lubricant additives • Expansion at Unit-2, realigning the • Commenced exclusive • Commenced manufacturing of • Commenced manufacturing of • Upgraded to ISO 9001:2015 products produced at both units operations for Aromatic various Rubber Chemicals va
Slide 17: Diversified Business Portfolio
17 Diversified Business Portfolio Highly Competitive segments Limited Competition, Export Opportunity and Superior Margin Profile Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemical Business Verticals Multi-Products Multi-Applications Multi-Reach
Slide 18: Made in India: Delivering Globally
18 Made in India : Delivering Globally Strong Presence in over 40 countries across Exports over 60% FY21 Segment-wise Europe, America, Middle East and Asia. Revenue Breakup (Rs 357 Cr) 15% Aroma 25% 8% Food Antioxidant Rubber 16% 36% Lubricant Speciality FY21 Region-wise Revenue Breakup (Rs 357 Cr)
Slide 19: Large Marquee Clients
19 Large Marquee Clients We are a customer-centric producer, with the ability to deliver as per the specifications desired by our buyers. Serving 1,000+ Clients The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only
Slide 20: Our Facilities are Multipurpose & Multiproduct
20 Our Facilities are Multipurpose & Multiproduct Total Capacity 3 Units at 3,700 MTPA expanded Competitive Edge 9,200 MTPA Vapi, Gujarat in last 3 years • 950 MTPA Additional Capacity added in FY19 Strategically located within 200 Kms Unit 1: 3,450 MTPA 01 from Nhava Sheva Sea Port Designed to be ‘
Slide 21: Research & Development is core to our approach
21 Research & Development is core to our approach • Being a specialty chemical company, Our R&D Team is the backbone of the company. It has contributed greatly to the growth and expansion of our company. • Our R&D facility is DSIR certified, thereby having official recognition by the Government • Ou
Slide 22: Committed to Environment
22 Committed to Environment Greening our Operations Our R&D capabilities identify This has helped to reduce Further, the use of process bottlenecks and waste generated at the environment-friendly catalysts undertake specific initiatives to facilities. in the units help in enhance efficiencies. This
Slide 23: Global Certifications: Highly Compliant Manufacturer
23 Global Certifications : Highly Compliant Manufacturer HALAL – certifies various ISO 9001:2015 – products processed by us is registered Quality standards with Jamiat Ulama Halal Foundation (JUHF) Delivering Highest Quality Products Across the Globe FSSC 22000 – FSSAI – certifies items of food prod
Slide 24: Board of Directors
24 Board of Directors Mr. Vinod Jhaveri Mr. Ashok Malaviya Chairman & Executive Director Non-Executive Independent Director • One of the founding promoters of the Company. He is a Commerce • Commerce graduate from Mumbai University with over 20 years of graduate from Gujarat University experience in
Slide 25: Business Overview
25 Business Overview
Slide 26: Aroma Chemicals
26 Aroma Chemicals Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • We are the market leaders for clove oil and its derivatives • Chemicals like fatty esters and natural essential / aroma oils cater to a gamut of personal care products such as cosmetics an
Slide 27: Food Antioxidants
27 Food Antioxidants Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • Fatty oils and oil-based foods are prone to auto-oxidation that results in a rancid taste and unpleasant odour • Our antioxidants help inhibit the negative effects of oxidation. • The YA
Slide 28: Rubber Chemicals
28 Rubber Chemicals Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • Our range of rubber chemicals is used to manufacture rubber products like tyres, automotive components like hoses, seals, conveyor belts, and others • They are also used in the manufactur
Slide 29: Lubricant Additives
29 Lubricant Additives Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • Our Lubricant additives improve the performance of lubricants by providing critical performance parameters • They improve boundary lubricity, extreme pressure properties, inhibit corro
Slide 30: Specialty Chemicals
30 Specialty Chemicals Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • These value-added chemicals are used as stabilisers for acrylics, printing inks, UPR resins and fibre composite resins, as cross linkers for thermoplastics urethanes, electroplating ch
Slide 31: Embracing Opportunities
31 Embracing Opportunities Opportunities Our Edge Future Ready • Recognized Global Partner • Capacity Ready for Future Growth • China +1 Opportunity • Strategically located near Port • Continuous Product Development • Strong Domestic Demand • Multi-purpose , Multiproduct Plant • Dedicated R&D Centre
Slide 32: We have a De-Risked & Diversified Product Portfolio
32 We have a De-Risked & Diversified Product Portfolio • Our distributed product portfolio catering to multiple industries which insulates us from downturns in specific industries • It also gives us more avenues to market our innovative products and solutions • While Food Antioxidants and Aroma Chem
Slide 33: Way Forward
33 Way Forward Capacity Ramp-up Focusing on High Margin Products • 1,200 MTPA capacity added in Mar-April 2020 • We plan to improve our product mix significantly to • We plan to reach optimum utilization by 2022 high margin Rubber, Lubricant and Specialty products portfolio Strengthening Balance She
Slide 34: Contact Information
Contact Information Company : Investor Relations Advisors : Yasho Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN – L74110MH1985PLC037900 CIN - U74140MH2010PTC204285 Mr. Yayesh Jhaveri Mr. Shrikant Sangani / Ms. Pankti Majithia Email - yayesh@yashoindustries.com Email - shrikant.sangani@sgap