Shree Pushkar Chemicals & Fertilisers Ltd. · NSE:SHREEPUSHK
Shree Pushkar Chemicals & Fertilisers — Q2 FY24 Earnings Presentation
18 slides from Shree Pushkar Chemicals & Fertilisers's earnings presentation, November 2023
Slide 1: Shree Pushkar Chemicals & Fertilisers Q2 FY24 Investor Presentation
SHREE PUSHKAR CHEMICALS & FERTILISERS LIMITED Q2 FY24 Investor Presentation SCALABLE & SUSTAINABLE 2023 Unique Zero Waste Company www.shreepushkar.com
Slide 2: Management Perspectives and Company Structure
Management Perspectives and Company Structure Commenting on the recent performance, Mr. Punit Makharia, Chairman and Managing Director said: “I am pleased to share the financial results for Q2 FY24, reflecting our commitment to growth and resilience amid challenging external factors. In this quarter
Slide 3: Q2 and H1 FY24 Consolidated Financial Highlights
Q2 and H1 FY24 Consolidated Financial Highlights INR in Crores Revenue EBITDA and EBITDA Margins PAT and PAT Margins 2% 2% 74% 185.2 14.0 8.5 181.3 13.7 4.9 4.6% 7.5% 7.5% 2.7% Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 3% (20)% (16)% 361.0 34.8 19.3 28.0 16.3 10.0% 350.0 5.5% 7.8% 4.5% H1 FY23
Slide 4: Q2 and H1 FY24 Consolidated Operational Highlights
Q2 and H1 FY24 Consolidated Operational Highlights Sales in MT Chemicals Fertilizers Total 15% (25)% (18)% 16,475 65,755 80,120 14,365 49,264 65,739 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 26% (7)% (1)% 113,259 30,014 137,059 105,702 135,716 23,800 H1 FY23 H1 FY24 H1 FY23 H1 FY24 H1 FY23 H1
Slide 5: Q2 FY24 Consolidated Profit and Loss Statement
Q2 FY24 Consolidated Profit and Loss Statement Profit & Loss Statement (Rs. in Cr) Q2 FY24 Q2 FY23 Y-o-Y % Q1 FY24 Q-o-Q % H1 FY24 H1 FY23 Y-o-Y % Revenue from Operations 185.2 181.3 2% 175.5 6% 360.7 350.0 3% Cost of Materials Consumed 123.0 122.6 112.3 235.3 220.7 Changes in Inventories (0.7) 0.2
Slide 6: Balance sheet
Balance sheet Equity & Liabilities (Cr) Sep 23 Mar 23 Assets (Cr) Sep 23 Mar 23 Equity Non-Current Assets (a) Equity Share Capital 31.6 31.6 (a) Property, plant and equipment 300.4 307.7 (b) Other Equity 422.3 406 (b) Capital Work in Progress 7.5 0 Total Equity 453.9 437.6 4.9 (c) Goodwill 4.9 Non-C
Slide 7: Cash Flow Statement
Cash Flow Statement Cash Flow Statement (Rs. Cr) Sep 23 Sep 22 Cash Flow from Operating Activities Profit before Tax 21.2 28.9 Adjustment for Non-Operating Items 6.6 6.3 Operating Profit before Working Capital Changes 27.9 35.2 Changes in Working Capital (40.4) 9.2 Cash Generated from Operations (12
Slide 8: Historical Consolidated Profit and Loss Statement
Historical Consolidated Profit and Loss Statement Profit & Loss Statement (Rs. in Crs) FY23 FY22 FY21 FY20 FY19 FY18 Revenue from Operations 684.0 584.0 354.9 346.3 451.9 395.3 Cost of Materials Consumed 431.1 375.5 199.6 209.6 290.0 295.9 Changes in Inventories (0.1) (17.7) 12.4 4.8 12.6 (23.8) Gro
Slide 9: Strong Operating Cash Flow and Net Cash Company
Strong Operating Cash Flow and Net Cash Company OCF / EBITDA (%) Rs. Crore` FY20 FY21 FY22 FY23 150% Long Term Debt 3.9 8.4 7.7 1.9 95% 91% 66% Short Term Debt 45.1 45.4 80.6 63.3 Total Debt 49.0 53.8 88.3 65.1 FY20 FY21 FY22 FY23 Cash & Investments 60.2 68.3 90.4 100.1 Capex in Crore Net Debt / (Ne
Slide 10: Shree Pushkar Chemicals & Fertilisers at a Glance (1/3)
Shree Pushkar Chemicals & Fertilisers at a Glance (1/3) Capacity Build up (MTPA) 1 2 3 FY20: 306,260 FY23: 717,660 Fully Backward Unique Zero Waste Sustainable 14,060 21,460 and Forward Company Backbone 106,000 Integrated 40,000 252,200 590,200 4 5 6 Near to End-use Chemicals Acids Fertilizers Prese
Slide 11: Shree Pushkar Chemicals & Fertilisers at a Glance (2/3)
Shree Pushkar Chemicals & Fertilisers at a Glance (2/3) Acid Complex Fertilisers Dye Intermediates Animal Health and Dye stuff Compound capable of Single product in 2001 Nutrition Own established brand of neutralizing alkalis to over 10 products now Reactive Dyes Product used as an additive for the
Slide 12: Shree Pushkar Chemicals & Fertilisers at a Glance (3/3)
Shree Pushkar Chemicals & Fertilisers at a Glance (3/3) Strategically Located Manufacturing Plants for catering to growing markets MBPPL Unit 1: Unit 1: Ratnagiri Unit 4: Ratnagiri Deewanganj Raisen, Maharashtra Maharashtra Madhya Pradesh KPPL MBPPL Unit 2: Unit 2: Ratnagiri Unit 5: Ratnagiri Meghna
Slide 13: Our Journey
Our Journey 1993 > 2010 > 2011 > 2019 > 2021 > Onwards 1993 Commenced Trading: 2011 Manufacturing SSP and Solid 2021 Expansion and Acquisition: Importing of chemical products and Conditioner: Acquisition of Madhya Bharat dye intermediates Used in-house Acid thereby reducing Phosphate Pvt Ltd Commenc
Slide 14: Strategic Investment
Strategic Investment Investment Summary (₹ in Crores) Panned Capex Facility Location Division Status Rationale Capex Incurred SPCF: Ratnagiri, Acids, Dye Intermediates Completed Capacity 5 5 Revamp Unit 1 Maharashtra & Cattle Feed Q2FY21 Expansion Meghnagar and Single Super Phosphate Diversification
Slide 15: Sustainability at its Core
Sustainability at its Core We place sustainability high on our agenda as it is an integral part of our business strategy 100% Employees are No accidents covered with health Reported in FY23 and accident insurance 100% employees 8% Were given safety Female employees and skill up- in FY23 gradation tr
Slide 16: Board of Directors
Board of Directors Mr. Punit Makharia Mr. Gautam Makharia Mr. Ramakant Nayak Chairman & Managing Director Joint Managing Director Non-Executive Director A C R C N S R Mr. Ishtiaq Ali Mr. Satpal Kumar Arora Mrs. Barkharani Nevatia Independent Director Independent Director Independent Director A N S A
Slide 17: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shree Pushkar Chemicals & Fertilisers Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or
Slide 18: Shree Pushkar Chemicals & Fertilisers Limited
SHREE PUSHKAR CHEMICALS & FERTILISERS LIMITED BSE: 539334 NSE: SHREEPUSHK CIN: L24100MH1993PLC071376 www.shreepushkar.com COMPLIANCE OFFICER & COMPANY SECRETARY Mr. Nitesh Pangle cosec@shreepushkar.com INVESTOR RELATION ADVISORS CHURCHGATE PARTNERS Rajiv Pandya / Paresh Rohra shreepushkar@churchgate
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