Deepak Nitrite Limited · NSE:DEEPAKNTR
Deepak Nitrite — Q1 FY2025 Earnings Presentation
23 slides from Deepak Nitrite's earnings presentation, Aug 6, 2024
Slide 1: Q1 FY2025 Results Presentation
RESPONSIBLE CHEMISTRY RESPONSIBLE CHEMISTRY Q1 FY2025 Results Presentation August 06, 2024 ₹ 2,186 crore ₹ 328 crore Total Income (in Q1 FY25) EBITDA (in Q1 FY25)
Slide 2: Deepak Nitrite Limited: A Leading Chemical Intermediates Producer
Deepak Nitrite Limited: A Leading Chemical Intermediates Producer RESPONSIBLE CHEMISTRY Company Overview Deepak Nitrite (DNL) is one of the fastest growing and trusted chemical intermediates company in India with a 32+ 56+ 1,000+ Products Applications Customers diversified portfolio of products that
Slide 3: Deepak Nitrite at a Glance
Deepak Nitrite at a Glance RESPONSIBLE CHEMISTRY 7 32+ 56+ Zero Modern Manufacturing Products Applications Net debt Facilities at 5 strategic locations ₹ 7,682 Cr 45+ 5,241 1,000+ FY24 Revenues Countries receive Total Workforce Customers our products ICRA AA ICRA A1+ Long-Term Rating Short-Term Rati
Slide 4: Operating Structure
Operating Structure RESPONSIBLE CHEMISTRY Deepak Nitrite Limited (DNL) Leading manufacturer of chemical intermediates in India 100% subsidiary of DNL 100% subsidiary of DNL 100% subsidiary of DNL Deepak Phenolics Limited Deepak Chem Tech Deepak Nitrite (DPL) Limited (DCTL) Corporation Inc. 100% subs
Slide 5: Enabled by World-class Manufacturing Infrastructure
Enabled by World-class Manufacturing Infrastructure RESPONSIBLE CHEMISTRY Finland Russia United Canada Kingdom Netherland Poland Belgium Germany France Switzerland Manufacturing Location United States Italy Portugal Turkey Nandesari, Gujarat (DNL, DCTL) Japan Israel Kuwait China Dahej, Gujarat (DNL,
Slide 6: Performance Culture
Performance Culture RESPONSIBLE CHEMISTRY Driving growth through groundbreaking ideas and innovation, we go beyond merely generating Innovativeness product concepts. Our focus extends to superior processes and elevating employee engagement. This holistic approach maximises growth and fosters a cultu
Slide 7: Key Growth Drivers
Key Growth Drivers RESPONSIBLE CHEMISTRY The Indian government has implemented various initiatives to bolster the chemical industry, including chemical development schemes, FAVOURABLE POLICY plastic parks and Chemicals and Petrochemicals Investment Regions (PCPIRs). Additionally, REFORMS ₹ 18,100 Cr
Slide 8: Strategies for Thriving in a Demanding Business Landscape
Strategies for Thriving in a Demanding Business Landscape RESPONSIBLE CHEMISTRY Operational Excellence Forefront of Sustainability Robust business controls Making significant Working on renewable Working capital optimization improvement in processes energy solutions to reduce Prudent raw materia
Slide 9: Company overview: Exemplary track record
Company overview: Exemplary track record RESPONSIBLE CHEMISTRY Consistently rewarded Dividend as % of Face Value shareholders Interim Final Special 40 0% Market Cap 350% 30 0% ₹ 423 bn. 250% 50% $ 5.1 bn* 20 0% 375% 375% 350% 31 July ‘24 150 % ₹ 38 bn. 100% 225% 225% $ 0.5 bn* 31 July ‘19 50% 100% 0
Slide 10: Performance highlights – Q1 FY25 (Consolidated)
Performance highlights – Q1 FY25 (Consolidated) RESPONSIBLE CHEMISTRY Particulars Key numbers Q1 FY25 Q-o-Q Y-o-Y (₹ Cr) Total Income 2,186 2% 21% 36% 82:18 36% EBITDA 328 2% 36% YoY growth in Domestic : Exports YoY growth in EBITDA in Revenue Mix for PBT in Q1FY25 PBT- Before Q1 FY25 Q1 FY25 275 2%
Slide 11: Update on Projects
Update on Projects RESPONSIBLE CHEMISTRY Project Status Acid Unit: Significant advancements have NBTF/ Hydrogenation MIBK/ MIBC been made in the Nitric Acid Unit project with all long lead equipment received and erected. Manufacturing operations are expected to commence in early part of H2. MIBK
Slide 12: Q1 FY25 – Financial Highlights
Q1 FY25 – Financial Highlights RESPONSIBLE CHEMISTRY Total Income (₹ Cr.) EBITDA (₹ Cr.) PAT (₹ Cr.) 328 2,186 203 1,800 242 150 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Y-o-Y 21% Y-o-Y 36% Y-o-Y 35% Q-o-Q absolute EBITDA is on an improving trend 12
Slide 13: Q1 FY25 vs. Q1 FY24 – Financial Highlights
Q1 FY25 vs. Q1 FY24 – Financial Highlights RESPONSIBLE CHEMISTRY REVENUE • Revenue growth was driven by a combination of improved product mix, volume growth and proactive steps to target newer territories and newer customers • The Phenolics segment demonstrated strong year-on-year revenue growth, dr
Slide 14: CMD Message
CMD Message RESPONSIBLE CHEMISTRY “International developments such as geopolitical disruptions and weakening global consumption will continue to impact the global chemical industry. We are fortunate that our business is highly dependent, to the extent of ~80%, on the domestic market which is a brigh
Slide 15: Advanced Intermediates
Advanced Intermediates RESPONSIBLE CHEMISTRY Revenue from Operations (₹ Cr.) EBIT (₹ Cr.) 708 671 716 115 67 54 Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24* Q1 FY25 Q-o-Q 7% Y-o-Y 1% Q-o-Q 23% Y-o-Y -42% Note: Q4FY24 EBIT excludes Insurance Claim of Rs. 80 Crore Key Highlights • Domestic market strength
Slide 16: Phenolics
Phenolics RESPONSIBLE CHEMISTRY Revenue from Operations (₹ Cr.) EBIT (₹ Cr.) 206 208 1,466 1,464 1,068 88 Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Q-o-Q 0% Y-o-Y 37% Q-o-Q 1% Y-o-Y 137% Key Highlights • The Phenolics business exhibited strong performance on y-o-y basis driven by favourable de
Slide 17: Outlook
Outlook RESPONSIBLE CHEMISTRY DNL is well positioned to capitalize on the 'Make in India for the World' initiative With its formidable manufacturing infrastructure and extensive process proficiency in the realm of chemistry, DNL has assumed a pivotal role as a partner for major customers, both d
Slide 18: Consolidated P&L Statement
Consolidated P&L Statement RESPONSIBLE CHEMISTRY Particulars (₹ crore) Q1 FY25 Q4 FY24 Q-o-Q (%) Q1 FY24 Y-o-Y (%) Revenue 2,167 2,126 2% 1,768 23% Other Income 19 19 -2% 32 -41% Total Revenue 2,186 2,145 2% 1800 21% Total Expenditure 1,858 1,825 2% 1,558 19% Raw Material consumption and change in
Slide 19: Consolidated P&L Statement
Consolidated P&L Statement RESPONSIBLE CHEMISTRY Particulars ( ₹ crore) Q1 FY25 Q4 FY24 Q-o-Q (%) Q1FY24 Y-o-Y (%) Advanced Intermediates 716 671 7% 708 1% Phenolics 1,464 1,466 0% 1,068 37% Less - Inter segment 12 11 14% 8 59% Total 2,167 2,126 2% 1,768 23% 19
Slide 20: Consolidated P&L Statement
Consolidated P&L Statement RESPONSIBLE CHEMISTRY Particulars ( ₹ crore) Q1 FY25 Q4 FY24 Q-o-Q (%) Q1FY24 Y-o-Y (%) EBIT Advanced Intermediates* 67 54 23% 115 -42% Phenolics 208 206 1% 88 137% EBIT % Advanced Intermediates 9% 8% 16% Phenolics 14% 14% 8% *Excludes Insurance Claim in Q4FY24 20
Slide 21: About Us & Contact Details
About Us & Contact Details RESPONSIBLE CHEMISTRY Deepak Nitrite Limited (NSE: DEEPAKNTR, BSE: For further information, please contact: 506401) is a leading chemical intermediates producer with a diversified portfolio that caters Somsekhar Nanda to the dyes and pigments, agrochemical, Chief Financial
Slide 22: Disclaimer
Disclaimer RESPONSIBLE CHEMISTRY This presentation contains forward-looking statements that involve risks and uncertainties. When used in this presentation, the words ‘anticipate,’ ‘belief,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘will’ and other similar expressions as they relate to the Company and its Bu
Slide 23: Thank You
RESPONSIBLE CHEMISTRY RESPONSIBLE CHEMISTRY Thank You