Yasho Industries Ltd. · NSE:YASHO
Yasho Industries — Q2 FY2021 Earnings Presentation
33 slides from Yasho Industries's earnings presentation, Nov 18, 2020
Slide 1: Yasho Industries Limited Investor Presentation – November 2020
Yasho Industries Limited Investor Presentation – November 2020
Slide 2: Safe Harbour
2 Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Yasho Industries 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 s
Slide 3: Quarterly Highlights
3 Quarterly Highlights
Slide 4: Business Highlights
4 Business Highlights “We are pleased to report strong revenue growth of 34% for the quarter on YoY basis at Rs 88.9 Cr. 34% This increase in revenue is on back of robust demand for our products across the globe. Our sales Total Revenue volume grew by 24% and absolute EBITDA grew by 21%. As we scale
Slide 5: Financial Highlights
5 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) PAT (Rs. Crs.) 16.3% 14.7% 4.9% 3.5% Margin +34.4% +20.9% -1.6% 88.9 13.1 3.2 3.2 10.8 66.2 Q2FY20 Q2FY21 Q2FY20 Q2FY21 Q2FY20 Q2FY21 Export (%) Volume* (MTPA) EBITDA/ Tonne** (Rs) 54.3% 57.7% 1,815 71,415 64,498 1,465 Q2FY20 Q2FY21 Q2FY20
Slide 6: Profit & Loss Statement
6 Profit & Loss Statement Particulars (Rs. In Crs.) Q2FY21 Q2FY20 Y-o-Y Q1FY21 Q-o-Q H1FY21 H1FY20 Y-o-Y FY20 Revenue from Operation 87.54 65.82 33.0% 72.03 21.5% 159.57 146.48 8.9% 297.06 Other income 1.38 0.36 0.93 2.31 2.13 3.22 Total Revenue 88.92 66.18 34.4% 72.96 21.9% 161.88 148.62 8.9% 300.2
Slide 7: Balance Sheet
7 Balance Sheet ASSETS (Rs. Crs) Sep-20 Mar-20 EQUITY AND LIABILITIES (Rs. Crs.) Sep-20 Mar-20 Fixed Assets Shareholders Funds 63.44 57.51 Property, Plant and Equipment 101.8 91.3 Shareholders equity 10.9 10.9 Intangible Assets 17.8 15.1 Reserve & Surplus 52.5 46.6 Capital Work-in-Progress - 11.6 No
Slide 8: Cash Flow Statement
8 Cash Flow Statement Cash Flow Statement (Rs in Cr) Sep-20 Sep-19 Operating profit before working capital changes 24.2 18.4 Changes in working capital -15.3 3.0 Cash generated from operations 8.9 21.5 Direct taxes paid (net of refund) 1.2 1.0 Net Cash from Operating Activities 7.7 20.5 Net Cash fro
Slide 9: Company Overview
9 Company Overview
Slide 10: Yasho Industries Ltd : A Snapshot
10 Yasho Industries Ltd : A Snapshot Manufacturer of specialty and Technocrat Promoters performance chemicals Strong Presence in Global Certifications Over 40 Countries Business Vertical : 5 Total Products : 160 9,200 MT 3 Manufacturing Units in Manufacturing Capacity Vapi, Gujarat
Slide 11: Our Journey from Aromatic Chemicals to Rubber & Lubricant additives
11 Our Journey from Aromatic Chemicals to Rubber & Lubricant additives • Expansion at Unit-2, realigning the • Commenced exclusive • Commenced manufacturing of • Commenced manufacturing of • Upgraded to ISO 9001:2015 products produced at both units operations for Aromatic various Rubber Chemicals va
Slide 12: Diversified Business Portfolio
12 Diversified Business Portfolio Highly Competitive segments Limited Competition, Export Opportunity and Superior Margin Profile Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemical Business Verticals Multi-Products Multi-Applications Multi-Reach
Slide 13: Made in India : Delivering Globally
13 Made in India : Delivering Globally Strong Presence in over 40 countries across Exports over 55% H1FY21 Segment-wise Europe, America, Middle East and Asia. Revenue Breakup (Rs 159 Cr) 13% Aroma 7% 30% Food Antioxidant Rubber 32% 18% Lubricant Speciality H1FY21 Region-wise Revenue Breakup (Rs 159
Slide 14: Large Marquee Clients
14 Large Marquee Clients We are a customer-centric producer, with the ability to deliver as per the and many more … specifications desired by our buyers. The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only
Slide 15: Our Facilities are Multipurpose & Multiproduct
15 Our Facilities are Multipurpose & Multiproduct Total Capacity 3 Units at 3,700 MTPA expanded Competitive Edge 9,200 MTPA Vapi, Gujarat in last 2 years • 950 MTPA Additional Capacity added in FY19 Strategically located within 200 Kms Unit 1: 3,450 MTPA 01 • FY20: 92% Capacity Utilization from Nhav
Slide 16: Research & Development is core to our approach
16 Research & Development is core to our approach • Being a specialty chemical company, Our R&D Team is the backbone of the company. It has contributed greatly to the growth and expansion of our company. • Our R&D facility is DSIR certified, thereby having official recognition by the Government • Ou
Slide 17: Committed to Environment
17 Committed to Environment Greening our Operations Our R&D capabilities identify This has helped to reduce Further, the use of process bottlenecks and waste generated at the environment-friendly catalysts undertake specific initiatives to facilities. in the units help in enhance efficiencies. This
Slide 18: Global Certifications : Highly compliant Manufacturer
18 Global Certifications : Highly compliant Manufacturer HALAL – certifies various ISO 9001:2015 – products processed by us is registered Quality standards with Jamiat Ulama Halal Foundation (JUHF) Delivering Highest Quality Products Across the Globe FSSC 22000 – FSSAI – certifies items of food prod
Slide 19: Board of Directors
19 Board of Directors Mr. Vinod Jhaveri Mr. Ashok Malaviya Founder, Chief Financial Officer & Whole Time Director Non-Executive Independent Director • One of the founding promoters of the Company. He is a Commerce • Commerce graduate from Mumbai University with over 20 years of graduate from Gujarat
Slide 20: Business Overview
20 Business Overview
Slide 21: Aroma Chemicals
21 Aroma Chemicals Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • We are the market leaders for clove oil and its derivatives • Chemicals like fatty esters and natural essential / aroma oils cater to a gamut of personal care products such as cosmetics an
Slide 22: Food Antioxidants
22 Food Antioxidants Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • Fatty oils and oil-based foods are prone to auto-oxidation that results in a rancid taste and unpleasant odour • Our antioxidants help inhibit the negative effects of oxidation. • The YA
Slide 23: Rubber Chemicals
23 Rubber Chemicals Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • Our range of rubber chemicals is used to manufacture rubber products like tyres, automotive components like hoses, seals, conveyor belts, and others • They are also used in the manufactur
Slide 24: Lubricant Additives
24 Lubricant Additives Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • Our Lubricant additives improve the performance of lubricants by providing critical performance parameters • They improve boundary lubricity, extreme pressure properties, inhibit corro
Slide 25: Specialty Chemicals
25 Specialty Chemicals Aroma Chemicals Food Antioxidants Rubber Chemicals Lubricant Additives Specialty Chemicals • These value-added chemicals are used as stabilisers for acrylics, printing inks, UPR resins and fibre composite resins, as cross linkers for thermoplastics urethanes, electroplating ch
Slide 26: Embracing Opportunities
26 Embracing Opportunities Opportunities Our Edge Future Ready • Recognized Global Partner • Capacity Ready for Future Growth • China +1 Opportunity • Strategically located near Port • Continuous Product Development • Strong Domestic Demand • Multi-purpose , Multiproduct Plant • Dedicated R&D Centre
Slide 27: We have a De-Risked & Diversified Product Portfolio
27 We have a De-Risked & Diversified Product Portfolio • Our distributed product portfolio catering to multiple industries which insulates us from downturns in specific industries • It also gives us more avenues to market our innovative products and solutions • While Food Antioxidants and Aroma Chem
Slide 28: Financial Highlights
28 Financial Highlights
Slide 29: Performance Highlights
29 Performance Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) PAT (Rs. Crs.) 12.5% 12.4% 11.7% 13.9% 15.1% 1.9% 3.1% 3.5% 4.0% 3.7% Margin +14.8% +19.2% +48.0% 343.4 40.1 41.8 11.9 12.0 300.3 254.2 31.6 8.0 198.4 24.7 24.5 161.9 6.0 3.7 FY17 FY18 FY19 FY20 H1FY21 FY17 FY18 FY19 FY20 H1FY21 FY17 FY1
Slide 30: Quarterly Performance Highlights
30 Quarterly Performance Highlights Revenue (Rs. Crs.) 87.8 90.5 88.9 82.4 77.9 73.8 73.0 66.2 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Revenue Includes Other Income
Slide 31: Performance Highlights
31 Performance Highlights ROE (%) ROCE (%) Net Debt / Equity (x) 26.0% 17.5% 6.8 23.5% 15.2% 16.0% 21.2% 20.7% 13.7% 14.1% 18.9% 3.8 2.9 2.5 2.5 FY17 FY18 FY19 FY20 H1FY21 FY17 FY18 FY19 FY20 H1FY21 FY17 FY18 FY19 FY20 H1FY21 Fixed Asset Turnover (x) Working Capital Days 5.9 191 164 155 149 3.4 3.7
Slide 32: Way Forward
32 Way Forward Capacity Ramp-up Focusing on High Margin Products • New 1200 MTPA capacity added in Mar-April 2020 • We plan to improve our product mix significantly to • We plan to reach optimum utilization by 2022 high margin Rubber, Lubricant and Specialty products portfolio Strengthening Balance
Slide 33: Contact Information
Contact Information Company : Investor Relations Advisors : Yasho Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN – L74110MH1985PLC037900 CIN - U74140MH2010PTC204285 Mr. Yayesh Jhaveri Mr. Shrikant Sangani Email - yayesh@yashoindustries.com Email - shrikant.sangani@sgapl.net www.yashoindustr