Nocil Limited · NSE:NOCIL
Nocil — Investor Presentation (May 2021)
27 slides from Nocil's investor presentation, May 2021
Slide 1: NOCIL Limited Investor Presentation May 2021
NOCIL LIMITED Investor Presentation May 2021 FIRM STEPS. FOCUSED APPROACH.
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by NOCIL 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 securities, an
Slide 3: Strong Momentum Continues
Strong Momentum Continues Sales Volume* (MT) Revenue from Operation (Rs. In crores) Operating EBITDA (Rs. In crores) +3% +17% +38% 144 149 322 56 51 275 115 100* 230 222 37 31 53 107 7 Q1FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 *Base to 1
Slide 4: Quarterly Performance: Strong Momentum
Quarterly Performance: Strong Momentum Sales Volume* (MT) Revenue from Operation (Rs. In crores) Operating EBITDA (Rs. In crores) 144 149 Lockdown Impact 115 109 Lockdown 322 56 100 100 98 51 Impact 275 48 230 Lockdown 210 213 222 36 37 Impact 37 194 31 53 107 7 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2
Slide 5: Annual Performance
Annual Performance Sales Volume (MT) Revenue from Operation (Rs. In crores) +14% +9% 1,043 925 846 FY19 FY20 FY21 FY19 FY20 FY21 FY21 has register 14% growth in volumes and 9% growth in revenue, inspite of challenging H1FY21 5
Slide 6: China + 1 Strategy
CHINA + 1 STRATEGY Rubber Chemicals Industry Currently, China is a dominant player in the Rubber Chemical Industry vis a vis India India Rest of World Global sourcing strategy expected to undergo a change to include China +1 India will play an important role as a supplier China NOCIL is expected to
Slide 7: Business Update
Business Update Work from Home • Implemented work from home during the nationwide lockdown • On receipt of approvals form government authorities started operation at facilities Business Operations: Update for FY21 • From 10th June started Corporate offices with limited workforce • With ease in lockd
Slide 8: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Rs. In Crores Q4FY21 Q4FY20 Y-o-Y Q3FY21 Q-o-Q FY21 FY20 Y-o-Y Remarks Net Revenue from Operations 322 213 51% 275 17% 925 846 9% Raw Material 180 106 155 505 388 Value Addition * 142 106 34% 119 19% 420 458 -8% Value Addition % 44.2% 50.0% 43.4% 45.4% 54.2% Employ
Slide 9: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Rs. In Crores Q4FY21 Q4FY20 Y-o-Y Q3FY21 Q-o-Q FY21 FY20 Y-o-Y Remarks Net Revenue from Operations 322 213 51% 275 17% 925 846 9% Raw Material 180 106 155 505 388 Value Addition * 142 106 34% 119 19% 420 458 -8% Value Addition % 44.2% 50.0% 43.5% 45.4% 54.2% Empl
Slide 10: Standalone Balance Sheet
Standalone Balance Sheet Assets (Rs. Crs.) 31-Mar-21 31-Mar-20 Equity and Liabilities (Rs. Crs.) 31-Mar-21 31-Mar-20 Non-current assets 989 1,011 EQUITY 1,274 1,176 Property, Plant and Equipment 890 768 Equity Share Capital 166 166 Capital work-in-progress 14 156 Investment Property 0^ 0^ Other Equi
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. Crs.) 31-Mar-21 31-Mar-20 Equity and Liabilities (Rs. Crs.) 31-Mar-21 31-Mar-20 Non-current assets 992 1,017 EQUITY 1,285 1,185 Property, Plant and Equipment 916 796 Equity Share Capital 166 166 Capital work-in-progress 14 156 Other Equity 1,119 1,019 Investmen
Slide 12: Cashflow Statement
Cashflow Statement Standalone Consolidated Particulars (Rs. In Crores) Year Ended Year Ended Year Ended Year Ended 31st Mar 21 31st Mar 20 31st Mar 21 31st Mar 20 Cash flow from operating activities Profit before tax 104 152 107 152 Adjustments for noncash items / non operating items 24 24 25 26 Ope
Slide 13: Business Overview
Business Overview
Slide 14: Company Overview
Company Overview ▪ Part of Arvind Mafatlal Group ▪ Expertise in Rubber Chemical Business over 4 decades ▪ Largest Rubber Chemicals Manufacturer in India ▪ Long Term Business Relationships with Tyre Majors (Both Domestic & International) ▪ Awarded Responsible Care Logo by Indian Chemical Council Reve
Slide 15: Management Team
Management Team Mr. Hrishikesh . A. Mafatlal – Promoter & Chairman Mr. S. R. Deo – Managing Director • Executive Chairman and Promoter Director of NOCIL Ltd • M. Tech. in Chemical Engineering from IIT Kanpur • B.Com. (Hons.) & has attended the Advanced Management • Associated with the company for ne
Slide 16: Glimpse of our Plants
Glimpse of our Plants Navi Mumbai Plant Dahej Plant • Set up in 1976 • Commenced operations in March 2013 • Located in Trans-Thane Creek industrial area at Navi Mumbai, • Located about 45 kms from Bharuch, Gujarat Thane - Belapur’s industrial zone designated for the chemical Industry, about 40 kms a
Slide 17: Our Value Proposition
Our Value Proposition 01 01 Products & Product Forms • Wide Range of Rubber Chemical Products • Varied Product Forms Long Term Relationships 02 Sales, Marketing & Technical Service with Customers • Market Responsive Approach over 40 Countries • Strong MTS Team to offer Technical Services 03 02 03 R
Slide 18: Products & their Usage
Products & their Usage ANTI-DEGRADANTS/ ANTI-OXIDANTS 1 ▪ These are ingredients in rubber compounds which deter the ageing and inhibit degradation due to oxygen attack of rubber products, thereby enhancing service life ONE STOP SHOP ACCELERATORS With 2 ▪ Increase the speed of vulcanization ▪ Permit
Slide 19: R&D and Total Quality Management
R&D and Total Quality Management Research & Technology Development Quality Assurance Certifications ▪ NOCIL’s Research Centre at ▪ ISO 50001: 2018 ▪ Quality Management System Navi Mumbai recognized by ▪ ISO 9001:2008 with a focus on Quality of Ministry of Science and Raw materials, Finished ▪ ISO 14
Slide 20: Technology & Speciality Chemicals – Moving up the curve
Technology & Speciality Chemicals – Moving up the curve Key Factors Continual Technological Strong position in High- Improvement in Product & value added products ` Processes R&D Capabilities leading to Operating leverage due significant reduction in cost Favourable Positioning to scaling-up of busi
Slide 21: Rubber Chemicals – Industry Trends
Rubber Chemicals – Industry Trends High Performance Tyres Stringent Environmental compliance Extended life, Automotive & Cost increase in China Industrial products will increase leading to Better level rubber processing chemical playing field loadings Rising Income Levels Increase in Motor vehicle o
Slide 22: Rubber Consumption
Rubber Consumption Global Rubber Consumption (Natural + Synthetic) In Lakh tonnes 2.5 6.8 • Rubber Chemicals constitute 9.4 -18.8 ~4% of the Rubber Consumption 8.8 269.6 • Global Rubber consumption registered de-growth of only 4.5 ~6.5% in CY20 v/s de-growth of ~15% in H1 CY20 6.1 255.4 2013 2014 20
Slide 23: CAPEX Update
CAPEX Update Phase I – Rs. 170 crores ^ Phase II – Total Capex of Rs. 300 crores ^ • Phase I (a) - Expansion at Navi Mumbai has been • For expansion of its production facilities for commissioned and the commercial production Rubber Chemicals (including intermediates have started from Jun’18 captivel
Slide 24: Why NOCIL is a Supplier of Choice
Why NOCIL is a “Supplier of Choice” Non-Chinese Dependable Player Environment Friendly Processes Pipeline of New Generation of Rubber Chemicals Continuous investments done Non-Chinese Dependable & Development of Niche products to adopt various innovative Quality Player with Committed using innovativ
Slide 25: Annual Performance Trend
Annual Performance Trend Revenue from Operations* Operating EBITDA PBT Rs. In Crores 1,043 290 278 968 263 255 925 846 742 176 159 146 152 127 104 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 * Revenue from operations is net of GST/Excise duty 25
Slide 26: Consistent Dividend Payout
Consistent Dividend Payout Dividend as % of Face Value 25% 25% 25% 20% 18% 12% 10% FY15 FY16 FY17 FY18 FY19 FY20* FY21 34% 30% 37% 29% 27% 38% 38% Final dividend of Rs. 2 per share for the year subject to approval by the shareholders at the Annual General Meeting Pay out Ratio = (Dividend + DDT) / P
Slide 27: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : NOCIL Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L99999MH1961PLC012003 CIN: U74140MH2010PTC204285 Mr. P. Srinivasan - CFO Mr. Jigar Kavaiya finance@nocil.com Jigar.kavaiya@sgapl.net +91 9920602034 Ms. Mugdha Khare mu