Himadri Speciality Chemical Ltd. · NSE:HSCL
Himadri Speciality Chemical — FY2020 Earnings Presentation
31 slides from Himadri Speciality Chemical's earnings presentation, Jul 23, 2020
Slide 1: Exchange cover letter: Investor Presentation and Media Release - Revised
Ref. No: HSCL / Stock-Ex/2020-21/33 Date: 23/07/2020 E-mail: monika@himadri.com Ref : Listing Code: 500184 Ref: Listing Code: HSCL BSE Limited National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, C-1, Block-G P. J. Towers, 25th Floor, Bandra Kurla Complex, Dalal Stre
Slide 2: Investor Presentation FY20 - Optimism
INVESTOR PRESENTATION FY20 OPTIMISM
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Himadri Speciality Chemical Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: FY20: Strategy Delivered
FY20 : Strategy Delivered » Consistent Sales Volumes » SCB Capacity Delivered Consistent Volumes in FY20 except Q4FY20 Commenced Commercialisation of 60,000 MTPA » Agile Decision Making » Strengthening Balance Sheet Reviewed Capex outflow timelines for ACM Strong Debt to Equity Ratio & Capex funded
Slide 5: Consistent Sales Volume
Consistent Sales Volume Sales Volume (MT) Sales Volume in MT Sales Volume maintained inspite of the challenging conditions throughout the Long Term Sustainable Business year & outbreak of the COVID-19 pandemic in Q4FY20 3,79,679 3,56,902 3,63,154 3,20,373 2,99,137 80,167 83,262 83,520 2,72,771 73,42
Slide 6: Speciality Carbon Black Capacity Delivered
Speciality Carbon Black Capacity Delivered Focus on Speciality Carbon with High Value-additions & Performance Speciality Carbon Black Specialty Carbon Black has high-end application in non- rubber industries like plastics, Set-up of Speciality Carbon Black at SCB Capacity fibre, wire & cable, etc. W
Slide 7: Agile Decision Making
Agile Decision Making Advance Carbon Material is a The Company is determined to Protect Long high-technology material used for Lithium-ion (Li-ion) battery Term Value …. This is the product for Future …..however, to conserve cash in the current Growth situations, we have put this project on hold Exp
Slide 8: Strengthening Balance Sheet
Strengthening Balance Sheet Net Debt Long Term Borrowings 233 Strong Balance Sheet and Sufficient Financial 223 flexibility even in these tough times… 210 200 1,118 Rs. in Crs 188 1,030 Mar 19 Jun 19 Sep 19 Dec 19 Mar 20 805 717 Net Debt / Equity 629 0.87x 463 430 0.67x 0.43x 0.26x 0.28x Mar-14 Mar-
Slide 9: Credit Rating Reaffirmed
Credit Rating Reaffirmed Non-Convertible Long Term Bank Long Term Bank /Short Commercial Paper Debenture Issue Facilities Term Bank Facilities ₹ 150 Crores ₹ 48.68 Crores ₹ 1,625 Crores ₹ 300 Crores CARE AA- ; Stable / CARE CARE AA- ; Stable CARE AA- ; Stable CARE AI+ A1+ (Double A minus; Outlook: (
Slide 10: Awards & Accolades
Awards & Accolades » Recognized as the Fastest Growing Company in ET Bengal Corporate Awards 2020 » Identified as Growth Champions(Ranked #76) in Economic times-Statista inaugural edition of India's Growth Champions 2020 by Economic Times (2020) » Gold Award for the Year in Safety Practices by Green
Slide 11: Long Term Value Protected
Long Term Value Protected Vertically integrated leading 01 Carbon Corporation 02 Portfolio Transformation 03 Strong Research & Development 04 Future Strategy 10
Slide 12: Most Integrated Speciality Carbon Corporation Globally
Most Integrated Speciality Carbon Corporation Globally 2010 2020 » Coal tar pitch – Binder grade » Aluminium Grade Pitch » Heavy Creosote Oils » Coal tar pitch – Impregnating » Graphite Grade Binder Pitch » Anthracene Oil/Carbon Black » Graphite Grade Zero QI Oil/ CT Oil » Carbon Black (Quinolene In
Slide 13: Portfolio Transformation
Portfolio Transformation From Carbon Black Most Integrated to Speciality Carbon Corporation Globally Speciality Carbon Black From Coal Tar to Advance Carbon Material From Naphthalene Transformation towards To Sulphonated High Value Products Naphthalene Formaldehyde 12
Slide 14: Strong Research & Development
Strong Research & Development 4 An New brands introduced with multiple grades catering to Innovation different application segments of Speciality Carbon Black Mindset 7% Reduction in energy consumption in certain processes World Class Laboratory Techno- Continuous 11% Commercial Increased productivi
Slide 15: Future Strategy
Future Strategy High Value Right Capacity Strong Clientele Product Pipeline Product Strategic Strong R&D Leadership Location Global Diversified End Management Cutting Edge Markets Team Technologies 14
Slide 16: Financial Performance
ass Ps Financial Performance p ~ Tih 15
Slide 17: Standalone Performance Highlights
Standalone Performance Highlights Rs. In Crs Revenue EBITDA PAT 583 123 71 428 364 17 48 35 Q4FY19 Q3FY20 Q4FY20 Q4FY19 Q3FY20 Q4FY20 -62 Q4FY19 Q3FY20 Q4FY20* * Exceptional loss of Rs. 128 crores - The Company had made investments in equity shares and given loans and advances to its wholly owned su
Slide 18: One-off impact on FY20 Profitability
One-off impact on FY20 Profitability Rs. In Crs EBITDA for FY20 * PAT for FY20 342 5 298 Provision for impairment of investment 48 and loans and advances for China operations 39 35 94 241 121 128 125 (11) Q1FY20 Q2FY20 Q3FY20 Inventory/ Q4FY20 Inventory/ Normalised Reported Receivables Receivables E
Slide 19: Standalone Profit & Loss
Standalone Profit & Loss Profit and Loss (in Rs. Crs) Q4 FY20 Q4 FY19 Y-o-Y (%) Q3 FY20 Q-o-Q FY20 FY19 Y-o-Y (%) Revenue from Operations 364 583 -38% 428 -15% 1,804 2,377 -24% Raw Material 247 387 318 1,222 1,588 Gross Profit 117 196 -40% 110 6% 582 789 -26% Employee Cost 19 16 18 73 58 Other Expen
Slide 20: Standalone Balance Sheet
Standalone Balance Sheet Particulars (in Rs. Crs.) Mar’20 Mar’19 Particulars (in Rs. Crs.) Mar’20 Mar’19 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,639 1,671 EQUITY 1,652 1,681 Property, Plant and Equipment 1,362 1,094 Equity Share Capital 42 42 Capital work-in-progress 158 126 Other Equity
Slide 21: Consolidated Profit & Loss
Consolidated Profit & Loss Particulars (In Rs. Crs) Q4 FY20 Q4 FY19 Y-o-Y (%) Q3 FY20 Q-o-Q FY20 FY19 Y-o-Y (%) Net Revenue From Operations 364.41 584.73 -38% 429.73 -15% 1,806 2,422 -25% Cost of Materials Consumed 247.98 384.44 318.85 1,224 1,600 Gross Profit 116.43 200.29 -42% 110.88 5% 582 822 -2
Slide 22: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (in Rs. Crs.) Mar’20 Mar’19 Particulars (in Rs. Crs.) Mar’20 Mar’19 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,725 1,637 EQUITY 1,734 1,631 Property, Plant and Equipment 1,439 1,168 Equity Share Capital 42 42 Capital work-in-progress 158 133 Other Equit
Slide 23: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Crs.) Mar-20 Mar-19 Mar-20 Mar-19 Profit Before Tax 70 449 194 462 Adjustments for: Non -Cash Items / Other Investment or 230 86 110 75 Financial Items Operating profit before working capital changes 300 535 304 537 Changes in working capi
Slide 24: Business Overview
Business Overview 23
Slide 25: Product Portfolio
Product Portfolio Refined Coal Tar Pitch Carbon Black Naphthalene Naphthalene 3rd Largest player Largest Indian Largest Indian #1 Producer in India Player Player Advance Carbon SNF Specialty Oils Power Material Only Company in Largest player in Niche segments in India Green Power from India India an
Slide 26: Applications across Industries
Applications across Industries Paints, Plastic & Fibre Graphite Electrodes Anti Corrosive Material Defence Construction Chemical Aluminium Lithium – Ion Batteries Infrastructure Rubber Industries Wood Preservative Oils Power Specialized Products 25
Slide 27: If You Can Be One Thing, Be Dependable
If You Can Be One Thing, Be Dependable CTP Clientele CB Clientele Others Clientele 26
Slide 28: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : CIN: L27106WB1987PLC042756 CIN: U74140MH2010PTC204285 Mr. Somesh Satnalika Ms. Payal Dave / Ms. Neha Shroff VP Strategy & Business Development +91 9819916314/ +91 7738073466 Email: ssatnalika@himadri.com Email: payal.Da
Slide 29: Sales Volume consistent inspite of challenging environment
Sales Volume consistent inspite of challenging environment ✓ Sales Volume at 3,20,373 MT for FY20 ✓ Revenues at Rs. 1,803 crore for FY20 Investor Release: 23rd July 2020, Kolkata Himadri Speciality Chemical Limited reported results for the quarter & full year ended 31st March 2020 Standalone Financi
Slide 30: Commenting on the results and performance, Mr. Anurag Choudhary
Commenting on the results and performance, Mr. Anurag Choudhary, MD & CEO of Himadri Speciality Chemical Ltd said: “FY 20 was a challenging year for us at Himadri. Inspite of the tough times, we were able to do deliver good volumes in FY20. While we maintained the volumes amidst a difficult market s
Slide 31: About Himadri Speciality Chemical Ltd
About Himadri Speciality Chemical Ltd Himadri Speciality Chemical Ltd (“Himadri Speciality”) was established in 1987, is a leading Carbon corporation with one-of-its-kind vertical integration in the world with headquarters in Kolkata, West Bengal. The Company is a market leader and significant marke
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