Dmcc Speciality Chemicals Limited · NSE:DMCC
Dmcc Speciality Chemicals — The Dharamsi Morarji Chemical Company Limited (DMCC) — Q4 FY2020 Earnings Presentation
32 slides from Dmcc Speciality Chemicals's earnings presentation, May 2020
Slide 1: Investor Presentation (May 2020)
INVESTOR PRESENTATION (MAY 2020)
Slide 2: Agenda
Q UA RT E RLY U P DAT E A N D IMPAC T O F COVID1 9 01 G LO BA L FO OT P RINT 14 CO MPA NY AT A G LA NCE 06 MA N U FAC T U RIN G FACILIT IES 15 E VO LU T IO N O F DMCC 07 FO CU S O N R&D 17 MA N AG E ME N T T EA M 08 SU STA IN A BLE A P P ROACH 19 P RO DU C T P O RT FO LIO 12 U P CO MING E X PA NSIO
Slide 3: Financial Statement Summary
Financial Statement Summary 28.27% Q4FY20 Revenue from Operations at INR 46.54 Figures in INR Crores crores as compared to INR 64.88 crores in PARTICULARS Q4 FY20 (audited) Q3 FY20 (unaudited) Q4 FY19 (audited) Q4FY19 The drop in revenue is attributable to the drop Revenue from Operations 46.54 40.4
Slide 4: Financial Statement Summary
Financial Statement Summary Figures in INR Crores PARTICULARS As at 31st March 2020 As at 30th Sept. 2019 Shareholders Fund 144.88 126.71 Non Current Liabilities 20.22 16.38 Current Liabilities 46.77 52.81 Total 211.88 187.87 Non Current Assets 112.47 101.73 Current Assets 99.40 86.13 Total 211.88 1
Slide 5: Financial Statement Summary
Financial Statement Summary Figures in INR Crores PARTICULARS As at 31st March 2020 As at 30th Sept. 2019 Cash Flow From Operating Activities 26.99 13.14 Cash Flow from Investing Activities (16.84) (6.90) Cash Flow from Financing Activites (5.65) (6.06) Net increase/ decrease in cash and cash equiva
Slide 6: Management Remarks
Management Remarks RISE IN OTHER EXPENSES RISE IN REPAIRS AND MACHINERY EXPENSE Rise in other expenses is mainly on account of CSR Rise in maintenance costs is mainly on account of certain expenditure (which the company has incurred for the first Rise in other expenses carried out for planned annual
Slide 7: How Are We Coping Up The Situation?
HOW ARE WE COPING-UP THE SITUATION? Customer-centric focus: IMPACTS ON BUSINESS The customer is at the center of all our activities. The company remains committed to ensuring the supply to our customers. We • Industries across the globe have been affected by have been in close interaction with the e
Slide 8: Company at a Glance
Company at a Glance Incorporated in 1919, DMCC was the first producer of Sulphuric Acid & Phosphate Fertilizers in the country. Predominantly known for Single 2 MANUFACTURING UNITS EXPORTING TO 25+ countries Superphosphate (fertilizer) for almost entirety of its I N 6 CONTINENTS life, DMCC currently
Slide 9: Evolution of DMCC
Evolution of 1 2 3 DMCC FOCUS ON FERTILIZER RESTRUCTURING AND FOCUS ON SPECIALTY BUSINESS TRANSITION TIMEFRAME CHEMICALS 2007-2011 • Incorporated in the year 1919, • In 2009 the company decided to • With a strong focus on commenced operations as a exit the fertilizer business (highly research and de
Slide 10: Management Team
Management Team MR. BIMAL GOCULDAS DR. UMESH R. SHETKAR MR. DILIP T. GOKHALE MR. S.N. JADHAV Managing Director and Chief Executive Chief Operating Officer Sr. Executive Vice President & Company Vice President - Operations Officer Secretary Mr. Bimal Goculdas heads the Dr. Umesh Shetkar carries a Mas
Slide 11: Management Team
Management Team MR. SHIRISH PANDIT MR. ASHOK R. NAGARCH MR. CHIRAG JASWANT SHAH MR. JITESH DOSHI Sr. vice president - - projects General Manager – R&D Chief Finance Officer Heads the Bulk Chemicals Division - heads the Mr. Shirish Pandit, Mr. Ashok R. Nagarch, General Manager Mr. Chirag Shah holds a
Slide 12: Board of Directors
Board of Directors MR. LAXMIKUMAR N. GOCULDAS MS. MITIKA L. GOCULDAS MR. HARIDAS T. KAPADIA MR. MADHU T. ANKLESHWARIA Chairman Vice Chairperson Non-Executive, Independent Non- Executive, Independent Mr. Laxmikumar Narottam Goculdas, Ms. Mitika Laxmikumar Goculdas, is an Mr. Haridas Tricumdas Kapadia
Slide 13: Board of Directors
Board of Directors MR. ARVIND W. KETKAR MR. MUKUL M. TALY MR. SANJEEV V . JOSHI MR. BIMAL GOCULDAS Non-Executive, Independent Non-Executive, Independent Non-Executive, Independent Managing Director and Chief Executive Officer Mr. Arvind Wasudeo Ketkar is a B.Com Mr. Mukul Manoharlal Taly is B.Sc., M
Slide 14: Product Portfolio
Product Portfolio BULK CHEMICALS SPECIALTY CHEMICALS PRODUCTS FROM BORON CHEMISTRY ABOUT The company is one of the oldest The sulfonating agents manufactured by the Boron Chemistry is handled by Borax Morarji. manufacturers of Sulphuric acid in the country. company are reacted with organic substrate
Slide 15: Clientele
Clientele apcoter &. bite ARAMA cate ‘2 Celanese & COaroeanon tnt) :Hansol BI HETERO LANXESS s Paper . Mangalam Drugs DRT-ANTHEA & Organics Ltd. ATES em, GNI] saltigg a ia Pidilite
Slide 16: Global Footprint
Global Footprint A SIA SO U T H China A ME RICA Indonesia Guatemala Korea 36% Japan Jordon A FRICA Taiwan UAE Egypt EUROPE Saudi Arabia NORTH Malaysia AMERICA ASIA Turkey AU ST RA LIA 35% E U RO P E 1% 27% Belgium Denmark SOUTH France AFRICA Germany Spain Switzerland Revenue from SOUTH Italy exports
Slide 17: Manufacturing Facility – Roha Site
Manufacturing Facility – Roha Site SETUP IN SITUATED ON A 1978 88,355 sq. mt. plot prior to this situated in Ambarnath, Maharashtra Product category: Sulphur Chemistry In-house R&D center at site 10 + 3 Equipped with 10 Dedicated as 236 well as 3 Multi-Purpose plants TEAM STRENGTH 300 MT/day Capacit
Slide 18: Manufacturing Facility – Dahej Site
Manufacturing Facility – Dahej Site SETUP IN SITUATED ON A 2+2 50 2013 1,03,327 sq. mt. plot Equipped with 2 Dedicated as well TEAM STRENGTH with un-utilized land available for as 2 Multi-Purpose plants further development Next scheduled maintenance stop in Q3FY21 Product category: Boron Chemistry A
Slide 19: Focus on R&D
Focus on R&D In-house PRODUCTS UNDER Product category: PROCESS IMPROVEMENT R&D center PIPELINE Sulfones at Roha facility NEW PROCESS DEVELOPMENT Sulfones STRONG DEMAND + MARKET ACCEPTANCE The company has in-house R&D centre at its manufacturing facility in Roha, The company for the past few years ha
Slide 20: Focus on R&D
Focus on R&D
Slide 21: Sustainable Approach
Sustainable Approach • Green Cover at all factory sites • Zero liquid Discharge SUSTAINABLE • 25% of energy requirement catered through renewable The company takes pride SITES resources. in maintaining a healthy relationship with the environment. It extends its • Proud holder of Together for Sustain
Slide 22: Sustainable Approach
Sustainable Approach Green cover at our factory Zero Liquid Discharge Solar Panels at Roha New waste heat recovery system
Slide 23: Upcoming Expansion
Upcoming Expansion AVAILABLE LAND PARCEL MANUFACTURING CAPACITY Amalgamation of Borax Morarji with The Additional 300 MT/day capacity for Dharamsi Morarji Chemical Co. facilitated the sulphuric acid. availability of unutilized land parcel at Dahej, on the site of existing plant. PROPRIETARY MANUFACT
Slide 24: Upcoming Expansion
Upcoming Expansion Incremental Capital to be Expansion in Sulphuric Ideal selection criteria deployed only towards acid will be a one-time for new products – specialty and investment. It will take care Margins to be > 30% and downstream products. of captive needs for payback period to be downstream
Slide 25: Sustainable Advantages
Sustainable Advantages FOCUS ON SPECIALTY CHEMICALS STRATEGIC LOCATIONS The company through its strong research and development department has The company has its manufacturing facilities in Gujarat and Maharashtra been working on products that individually are small in market size but also which ar
Slide 26: Growth Drivers
Growth Drivers STRATEGIC PORTFOLIO ENHANCEMENT UPCOMING CAPEX TO ENHANCE GROWTH The company has streamlined its focus Upcoming CAPEX to support the growth in towards the specialty chemicals that offer revenues which will further be aided by higher and stable margins. increasing margins from the incr
Slide 27: Awards and Recognition
Awards and Recognition CERTIFICATE OF MERIT FOR CERTIFICATE OF MERIT CERTIFICATE OF MERIT CHEMEXCIL ENERGY CONSERVATION FOR EFFICIENT WASTE FOR WATER RESOURCE AWARD AND MANAGEMENT MANAGEMENT MANAGEMENT
Slide 28: Financial Statement Summary
Financial Statement Summary Figures in INR Crores PARTICULARS FY17 FY18 FY19 FY20 Revenue from operations 189.50 180.76 227.57 187.66 Total income 190.03 181.65 228.57 193.89 Total operating expense 160.34 158.75 175.07 166.08 EBITDA 30.21 23.78 54.5 34.04 EBITDA margins % 15.94% 13.16% 23.95% 18.14
Slide 29: Financial Statement Summary
Financial Statement Summary Figures in INR Crores PARTICULARS FY17 FY18 FY19 FY20 Shareholders Fund 59.83 72.77 115.78 144.88 Non Current Liabilities 18.40 23.85 19.53 20.22 Current Liabilities 70.80 57.79 52.96 46.77 Total 149.04 154.42 188.27 211.88 Non Current Assets 89.08 92.17 101.63 112.47 Cur
Slide 30: Financial Statement Summary
Financial Statement Summary Figures in INR Crores PARTICULARS FY17 FY18 FY19 FY20 Cash Flow From Operating Activities 28.99 18.36 20.85 26.99 Cash Flow from Investing Activities (8.31) (9.17) (12.69) (16.84) Cash Flow from Financing Activites (18.71) (9.05) (8.13) (5.65) Net increase/ decrease in ca
Slide 31: Get in Touch
Get in Touch MR. DILIP T GOKHALE MR. ABHISHEK MEHRA Sr. Executive Vice President & Company Investor Relations Advsior Secretary The Investment Lab The Dharamsi Morarji Chemical Co. Limited abhishek@theinvestmentlab.in dgokhle@dmcc.com
Slide 32: Safe Harbour
Safe This investor presentation has been prepared by Dharamsi Morarji Chemicals Company Limited (“DMCC”) and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered or
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