Sumitomo Chemical India Ltd. · NSE:SUMICHEM
Sumitomo Chemical India — Investor Presentation (June 2024)
47 slides from Sumitomo Chemical India's investor presentation, June 2024
Slide 1: Sumitomo Chemical India Limited Investor Presentation - June 2024
Sumitomo Chemical India Limited Investor Presentation - June 2024
Slide 2: Safe Harbour
Safe Harbour SCI 2.0 This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sumitomo Chemical India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscr
Slide 3: Financial Performance & Key Highlights
Financial Performance & Key Highlights
Slide 4: Performance Highlights – Quarter
Performance Highlights – Quarter SCI 2.0 Revenue (Rs Crs) Gross Profit (Rs. Crs) & Gross Profit Margin (%) +45% +16% 326 839 724 225 38.9% 31.1% Q1FY24 Q1FY25 Q1FY24 Q1FY25 EBITDA (Rs. Crs) & PAT (Rs Crs) & EBITDA Margin (%) PAT Margin (%) +100% +105% 161 127 81 62 19.2% 15.1% 11.1% 8.5% Q1FY24 Q1FY
Slide 5: Performance Highlights – Q1FY25
Performance Highlights – Q1FY25 SCI 2.0 ✓ The India Meteorological Department (IMD) had predicted a ‘above normal’ monsoon, which boosted market sentiments during Q1FY25. However, India recorded below-normal rainfall in June, with the deficit at 11%, the highest in five years. However, surplus rainf
Slide 6: 'Every Day Farmers' Day' Campaign
'Every Day Farmers’ Day' Campaign SCI 2.0 Sumitomo Chemical India Limited is recognized for its innovative approach to demand generation. We have enhanced these efforts with the launch of our meticulously planned 100-day 'Every Day Farmers’ Day' Campaign. Leveraging unique, internally developed digi
Slide 7: 'Every Day Farmers' Day' Campaign
'Every Day Farmers’ Day' Campaign SCI 2.0 7 Innovate Nurture Grow www.sumichem.co.in
Slide 8: New Product Launches - PAN India
New Product Launches - PAN India SCI 2.0 Pyclome Santana Sumiblue Diamond Insecticide Insecticide Plant Growth Regulator Clothianidin 3.5% + Clothianidin 0.5% GR Gibberellic Acid 0.1 % GR Pyriproxyfen 8% SE Derecho Fungicide Ethaboxam 40% SC Korko Promalin Danitol® NXT Insecticide Plant Growth Regul
Slide 9: New Product Launches - PAN India
New Product Launches - PAN India SCI 2.0 Herbicide Oxadiargyl 1% + Pretilachlor 6% GR Category: Herbicide Insecticide Chlorantrasniliprole 0.4% w/w GR Herbicide Glufosinate Ammonium 13.5 SL Fungicide TriBasic Copper Sulfate 34.5% W/V SC Fungicide Herbicide TriBasic Copper Sulfate 34.5% W/V SC Tembot
Slide 10: Consolidated Profit & Loss Account Statement
Consolidated Profit & Loss Account Statement SCI 2.0 Particulars (Rs. Crs) Q1FY25 Q1FY24 YoY Q4FY24 QoQ FY24 Revenue from Operations 838.9 724.2 16% 674.2 24% 2,843.9 COGS 512.5 498.9 392.7 1,775.1 Gross Profit 326.4 225.4 45% 281.5 16% 1,068.9 Gross Profit % 38.9% 31.1% 780 bps 41.7% -284 bps 37.6%
Slide 11: Revenue Breakup – Q1FY25
Revenue Breakup – Q1FY25 SCI 2.0 Product Breakup Geographic Breakup 9% 8% 4% 6% 2% 1% 2% 0% 4% 7% 3% 2% 2% 0% 4% 0% 0% 8% 35% 3% 39% 8% 7% Q1FY24 Q1FY25 Q1FY24 Q1FY25 8% 33% 86% 85% 34% Insecticides PGR Fungicides Domestic Japan Europe North America Herbicides Metal Phosphides AND & EHD* Africa Asia
Slide 12: Consolidated Working Capital Movement
Consolidated Working Capital Movement SCI 2.0 Change Change Particulars (Rs. Crs) Jun-24* Jun-23* (Jun-23 to Mar-24* (Mar-24 to Jun-24) Jun-24) Inventory (A) 586.6 805.6 -219.0 610.4 -23.8 Inventory Days (Inventories/ COGS* No. of days in period) (i) 104 147 126 Trade Receivables (B) 751.6 810.0 -58
Slide 13: Financial Performance Trend
Financial Performance Trend SCI 2.0 Gross Profit Margin % EBITDA Margin % PAT Margin % 1200.0 45.0% 1121.7 39.8% 41.7% 38.4% 39.0% 37.6% 985.5 40.0% 1000.0 36.1% 38.1% 38.9% 37.9% 910.4 31.1% 903.5 35.1% 35.3% 838.9 35.0% 782.0 31.3% 800.0 753.7 707.2 724.2 30.0% Revenue (Rs. In crores) 665.1 651.6
Slide 14: Company Overview
Company Overview
Slide 15: Journey to 15x Growth in India
Journey to 15x Growth in India SCI 2.0 SCIL – Vision & Mission Strategically Located Manufacturing Facilities Formidable Player in the Indian Strong Focus on R&D, Process Innovation Agrochemicals Space and Safety, Health and Environment (SHE) Diversified & De-risked Portfolio Across Autonomous Board
Slide 16: SCIL - Vision & Mission
SCIL - Vision & Mission SCI 2.0 Vision & Values Mission Vision: Marketing and Sales: • To be a trusted market leader in Indian crop- • Further penetration into Indian market & take protection sector leadership; expand exports • To develop a vibrant corporate culture • Strengthen Sales Force, Distrib
Slide 17: Journey to 12x Growth in India in last 14 years
Journey to 12x Growth in India in last 14 years SCI 2.0 Feasibility study to set-up correct business model to Exploration Phase : 2000 – 2009 capture potential in Indian market and start aggressive growth phase Manufacturing JV with New Acquired product - 2000 Chemi Industries 2002 Started EHD (Publ
Slide 18: Formidable Player in the Indian Agrochemicals Space
Formidable Player in the Indian Agrochemicals Space SCI 2.0 5 200+ Brands Manufacturing Grown 12x+ over FY11-24 700+ SKUs Facilities Rs. Bn 14 12x 25+ Patents Technical 200+ Registrations 28.4 Actives 15,000+ Direct 1600+ Employees Distributors & 1500+ FDOs# #FDOs - Field Development 60 Depots Offic
Slide 19: Diversified & De-risked Portfolio Across the Agro-Chem Value Chain
Diversified & De-risked Portfolio Across the Agro-Chem Value Chain SCI 2.0 Well-Diversified across multiple dimensions Business Products Geographies Customers Crops Served Segments Diversified Portfolio Across Segments Geographic Diversification with Exports to ~50 countries Generics Speciality 10%
Slide 20: Strong Brand and Well-Entrenched Distribution Network
Strong Brand and Well-Entrenched Distribution Network SCI 2.0 ✓ Strong brand with market leading position across various product categories ✓ Dual brand portfolio can offer products at all price points serving multiple 26 States 60 Depots customer sub-segments ✓ In-depth knowledge of own research pr
Slide 21: Expanding Brand Visibility and Connect
Expanding Brand Visibility and Connect SCI 2.0 ✓ Wide range of generics and speciality products for Increased crop presence and providing crop protection solutions ✓ More than 1,500+ Relationship managers connecting to 4.4 million+ farmers throughout crop cycle ✓ Over 200 brands covering maximum of
Slide 22: Digital Marketing Initiatives
Digital Marketing Initiatives SCI 2.0 Develop “Digital Marketing” as a parallel support to Traditional marketing system leading to improved sales. YouTube - Advantage ✓ Our Digital Assets : 23 websites (9 local languages), engaged with 20 million consumers in FY23 More than 53,000 subscribers http:/
Slide 23: Strategically Located Manufacturing Facilities
Strategically Located Manufacturing Facilities SCI 2.0 Connectivity to Major Cities and Proximity to Main Highways, Ports Reduces Logistic Time and Costs Plant Location Area (acres) Segment Served Product Manufactured Manufacturing of Technical Grade Pesticides Technical Grade Products: Bhavnagar ~5
Slide 24: R&D: End-to-End Product Development Capabilities
R&D: End-to-End Product Development Capabilities SCI 2.0 ❑ 3 fully equipped, DSIR approved R&D labs located at Mumbai, Bhavnagar and Gajod capable of synthesis, technical product and formulation development; Soil Health Research Laboratory and in-house field trials ❑ R&D Team comprises of 75+ qualif
Slide 25: Thrust on Safety, Health and Environment (SHE)
Thrust on Safety, Health and Environment (SHE) SCI 2.0 Quality Certifications Ensure Consistent product quality and healthy Abiding by SCC Japan’s EHS Policies working environment at manufacturing sites Four Start Export House by Ministry of Commerce and Industry Authorized Economic Operator AEO (Ti
Slide 26: Awards & Accolades
Awards & Accolades SCI 2.0 Quality Certifications Ensure Consistent product quality and healthy working environment at manufacturing sites Jamnalal Bajaj Award for “Fair Business and Practices” National Safety Award by Labour Ministry, Government of India for safety performance Chemexcil Best Export
Slide 27: Autonomous Board with Vast Industry Experience
Autonomous Board with Vast Industry Experience SCI 2.0 Dr. Mukul Govindji Asher Preeti Gautam Mehta Chairman and Independent Director Independent Non-executive Director ▪ Professorial Fellow at Lee Kuan Yew School of Public Policy at ▪ 31 years of experience in corporate laws, foreign investment the
Slide 28: Autonomous Board with Vast Industry Experience
Autonomous Board with Vast Industry Experience SCI 2.0 Tadashi Katayama Masanori Uzawa Non-executive Director Non-executive Director ▪ MBA from Vanderbilt University, U.S.A. ▪ MBA from University of Virginia, USA and a and a Master’s degree from Kyoto Bachelor’s degree from the University of Univers
Slide 29: Growth Strategies
Growth Strategies SCI 2.0 Continued Investment in R&D and Pipeline Capacity Expansion Achieving Market Leadership in • Aim to invest in seamless integration of R&D between SCIL and SCC • units which would help improve our production processes, Driving operational efficiencies maintaining highest saf
Slide 30: Financial Performance & Key Takeaways
Financial Performance & Key Takeaways
Slide 31: Historical Performance Highlights
Historical Performance Highlights SCI 2.0 Revenue (Rs Crs) EBITDA (Rs. Crs) & EBITDA Margin (%) PAT (Rs Crs) +5% +10% +17% 3,511 667 502 3,065 600 424 2,645 2,844 2,425 487 475 345 370 2,228 333 291 205 166 18.4% 19.6% 19.0% 13.7% 16.7% 13.0% FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY
Slide 32: Consolidated Profit & Loss Account Statement
Consolidated Profit & Loss Account Statement SCI 2.0 Particulars (Rs. Crs) FY24 FY23 FY22 FY21 FY20 FY19 Net Revenue from Operations 2,843.9 3,511.0 3,061.2 2,644.9 2,424.8 2,228.4 COGS 1,775.1 2,270.6 1,908.0 1,655.4 1,607.6 1,458.9 Gross Profit 1,068.9 1,240.3 1,153.2 989.5 817.2 769.6 Gross Profi
Slide 33: Consolidated Balance Sheet
Consolidated Balance Sheet SCI 2.0 Assets (Rs. Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Equity & Liabilities (Rs. Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Non-Current Assets (A) 640.4 581.2 487.6 367.6 360.6 318.3 EQUITY (A) 2,444.5 2,381.8 1,927.2 1,541.3 1,221.8 1,048.4 Property, Plant
Slide 34: Consolidated Working Capital Movement
Consolidated Working Capital Movement SCI 2.0 Particulars (Rs. Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Inventory (A) 610.4 888.7 937.8 754.4 588.0 680.6 Inventory Days (Inventories/ COGS*365) (i) 126 143 179 166 134 170 Trade Receivables (B) 715.9 946.1 843.1 848.2 849.8 671.0 Trade Receivabl
Slide 35: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement SCI 2.0 Year ended Year ended Year ended Year ended Year ended Year ended Particulars (Rs. Crs) 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar19 Net Profit Before Tax 502.9 654.2 575.7 453.3 266.5 259.8 Adjustments for: Non-Cash Items / Other Investment or
Slide 36: Key Takeaways
Key Takeaways SCI 2.0 Formidable Player in the Indian Experienced Management Team Well-diversified Product Portfolio Strong Brand and Well-Entrenched Agro-chem Space and Board of Directors Across Agro-Chem Value Chain Distribution Network ▪ Strong / leadership position across ▪ Strong management and
Slide 37: Annexures
Annexures Glance of various events to bring people together
Slide 38: Glance of various events to bring people together
Glance of various events to bring people together SCI 2.0 Strategic Workshop of senior and middle management to deliberate on growth acceleration Logo showing Core Values Logo for Annual Sales Team meeting - Manthan Logo for Annual Distributors meeting - means joint efforts to squeeze out the result
Slide 39: Annual Sales Conference – Sumi Manthan 2024
Annual Sales Conference – Sumi Manthan 2024 SCI 2.0 • Annual Sales Team Conference – Sumi Manthan 2024 (conducted at Pune, Hyderabad, Bangalore, Delhi, Indore and Kolkata in April and May) • To be followed by Distributors Meetings – Sumi Bandhan 2024 and Annual Goal Setting Meetings 2024 at our manu
Slide 40: Annual Sales Conference – Sumi Manthan 2023
Annual Sales Conference – Sumi Manthan 2023 SCI 2.0 Innovate Nurture Grow 40 www.sumichem.co.in
Slide 41: Annual Distributor Meet – Sumi Bandhan
Annual Distributor Meet – Sumi Bandhan SCI 2.0 Innovate Nurture Grow 41 www.sumichem.co.in
Slide 42: Goal Setting Meet – Bhavnagar 2023
Goal Setting Meet – Bhavnagar 2023 SCI 2.0 Innovate Nurture Grow 42 www.sumichem.co.in
Slide 43: Goal Setting Meet – Gajod 2023
Goal Setting Meet – Gajod 2023 SCI 2.0 Innovate Nurture Grow 43 www.sumichem.co.in
Slide 44: Goal Setting Meet – Vapi, Silvassa, Tarapur 2022 and 2023
Goal Setting Meet – Vapi, Silvassa, Tarapur 2022 and 2023 SCI 2.0 Innovate Nurture Grow 44 www.sumichem.co.in
Slide 45: SCC senior management India visit – May 2023
SCC senior management India visit – May 2023 SCI 2.0 Innovate Nurture Grow 45 www.sumichem.co.in
Slide 46: SCC senior management India visit – June 2022
SCC senior management India visit – June 2022 SCI 2.0 Innovate Nurture Grow 46 www.sumichem.co.in
Slide 47: For further information, please contact
SCI 2.0 For further information, please contact: Company : Investor Relations Advisors : Sumitomo Chemical India Limited Strategic Growth Advisors Pvt. Ltd. CIN: L24110MH2000PLC124224 CIN: U74140MH2010PTC204285 Mr. Jigar Kavaiya / Mr. Parin Narichania +91 99206 02034 / +91 99300 25733 investor.relat
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