Excel Industries Limited · NSE:EXCELINDUS
Excel Industries — Q2 & H1 FY25 Earnings Presentation
40 slides from Excel Industries's earnings presentation, Nov 14, 2024
Slide 1: Exchange filing cover letter
IS/ISO9001:2015 IS/ISO14001:2015 IS/ISO 45001:2018 Excel Industries Ltd. Certifiedby BIS. 14th November, 2024 Certifiedby BIS. BSE Ltd. National Stock Exchange of India Ltd. Listing Department, Listing Department, Pheeroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Bandra
Slide 2: Investor Presentation | Q2 & H1 FY25
EXCEL INDUSTRIES LIMITED Investor Presentation | Q2 & H1 FY25
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Excel 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 sec
Slide 4: Q2 & H1 FY25 Financial Performance
Q2 & H1 FY25 Financial Performance 3
Slide 5: Q2 & H1FY25 Results Highlights (Standalone)
Q2 & H1FY25 Results Highlights (Standalone) Q2FY25 H1FY25 ₹ 269 Crs ₹ 49 Crs ₹ 34 Crs ₹ 534 Crs ₹ 88 Crs ₹ 66 Crs Revenue EBITDA PAT Revenue EBITDA PAT • In Q2 FY25, the Company achieved a revenue of ₹269 crs representing a 1.51% increase from Q1 FY25. The increase was mainly due to higher price rea
Slide 6: Standalone performance in Q2 FY25
Standalone performance in Q2 FY25 Revenue (₹ in Crs) EBITDA (₹ in Crs) PAT (₹ in Crs) 26% 2% 49 9% 265 269 39 34 32 Q1FY25 Q2FY25 Q1 FY25 Q2 FY25 Q1 FY25 Q2 FY25 Revenue Profile (₹ in Crs) EBITDA Margin (%) PAT Margin (%) 18.3% 12.7% 11.9% 265 269 14.8% 226 222 39 47 Q1Y25 Q2 FY25 Q1 FY25 Q2 FY25 Q1
Slide 7: Standalone performance in H1 FY25
Standalone performance in H1 FY25 Revenue (₹ in Crs) EBITDA (₹ in Crs) PAT (₹ in Crs) 834% 29% 88 1223% 534 66 412 10 5 H1 FY24 H1 FY25 H1FY24 H1FY25 H1FY24 H1FY25 Revenue Profile (₹ in Crs) EBITDA Margin (%) PAT Margin (%) 16.6% 12.3% 534 412 449 344 2.3% 1.2% 68 85 H1FY24 H1FY25 H1 FY24 H1 FY25 H1
Slide 8: Standalone Profit and loss Statement
Standalone Profit and loss Statement Particulars (₹ in Crs) Q2 FY25 Q1 FY25 Q-o-Q Q2 FY24 Y-o-Y H1FY25 H1FY24 Y-o-Y Revenue from Operations 268.9 264.9 1.5% 198.0 35.8% 533.8 412.3 29.5% Cost of goods sold 129.9 137.9 125.1 267.8 258.9 Gross Profit 139.1 127.0 9.5% 72.9 90.7% 266.0 153.4 73.4% Gross
Slide 9: Consolidated Profit and loss Statement
Consolidated Profit and loss Statement Particulars (₹ in Crs) Q2 FY25 Q1 FY25 Q-o-Q Q2 FY24 Y-o-Y H1FY25 H1FY24 Y-o-Y Revenue from Operations 268.9 264.9 1.51% 198.0 35.8% 533.8 412.3 29.5% Cost of goods sold 129.8 137.9 125.1 267.8 258.9 Gross Profit 139.1 127.0 9.51% 72.9 90.7% 266.1 153.4 73.4% G
Slide 10: Standalone Balance Sheet
Standalone Balance Sheet Particulars (₹ Crs) Sep’24 Mar’24 Particulars (₹ Crs.) Sep’24 Mar’24 ASSETS Equity Non - Current Assets (a) Equity share capital 6.3 6.3 Property, plant and equipment 384.9 382.9 (b) Other equity 1239.1 1069.4 Right of use assets 36.1 21.1 Total Equity 1245.4 1075.7 Investme
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Crs) Sep’24 Mar’24 Particulars (₹ Crs.) Sep’24 Mar’24 Assets Equity Non - Current Assets (a) Equity share capital 6.3 6.3 Property, plant and equipment 387.7 385.5 (b) Other equity 1584.3 1420.8 Right of use assets 37.2 22.1 Total Equity 1590.6 1427.1 Invest
Slide 12: Excel Industries Ltd. Pioneer in Chemical and Environment Management business
Excel Industries Ltd. Pioneer in Chemical and Environment Management business 11
Slide 13: Diversified Business Segments
Diversified Business Segments… Excel Industries Limited Chemicals Environment & Biotech Agrochem Intermediates Organic Waste Management Composting & Biogas Specialty Chemicals Municipal Solid Waste Management Polymer Additives Plastic Waste Management Pharmaceuticals Construction & Demolition Interm
Slide 14: Diversified Product Portfolio
… Diversified Product Portfolio Chemicals ENVIRON - BIOTECH Integrated MSW 01 Agrochemical intermediates 01 • Manufacturing of Compost, Refuse derived fuel (RDF), Recovery of Metals • P2S5, PSCl3, DETC, DMTC, DMPAT, NaTCP and Plastics recovery & recycling 02 Speciality Chemicals 02 Excel OWC • HEDP,
Slide 15: Diversified Product Applications
… Diversified Product Applications Agrochemical Corrosion Inhibitors Polymer Aids and Pharma & Veterinary Other Organic Intermediates & Chelating Agents Property modifiers Intermediates Organophosphorus Oilfield and Lube additive Water treatment Soaps & Detergents Mining additives Insecticides and H
Slide 16: Environment & Biotech
Environment & Biotech Description Product Uses Process • Can handle waste • Residential societies quantities up to 2 MT • Hotels/Restaurants EXCEL per day. • Educational Institutes ORGANIC • Decentralized • Omce Canteens WASTE organic waste treatment system. • Hospital Kitchen/Canteen CONVERTOR • In
Slide 17: Company Overview
Company Overview
Slide 18: Excel Industries At Glance
Excel Industries At Glance Established in Rs. 826Cr 1941 Revenue* • Established in 1941 with an objective to make India self reliant in chemicals by developing indigenous chemical technologies • Excel Industries manufactures complex products through 2 3 Mfg the best-in-class technological setup Segm
Slide 19: Journey So Far
Journey So Far Pre 1970’s 1970’s 1980’s 1990’s 2000’s 2010’s 2020’s 1941 - Excel 1971 - Excel goes 1983 – Manufacture of 1991 – Excel 2000 - Excel 2012 - Inauguration of 2020 –Environmental industries founded public, with our first DETC commenced at celebrates golden develops a co- Pharma facility a
Slide 20: Executive Leadership Team
Executive Leadership Team Mr. Ashwin C. Shroff Mr. Ravi A. Shroff Executive Chairman Managing Director • He has been part of the Company since 1965 and his • He is a third generation industrialist who is qualified as a leadership continues to inspire the entire group to march Chemical Engineer with
Slide 21: Eminent Board
Eminent Board Mr.Dipesh Mr. Ninad D. K. Gupte Shroff Mr. Mr.Vihang Virkar Atul G. Shroff Mr. Mr. Rajesh Harish Varma N. Motiwalla Mr. Ninad D. Gupte is a Bachelor of Science from Bombay Mr. Vihang Virkar holds a degree in Bachelor of Legal Mr. Rajesh Varma holds a Bachelor of Commerce (B. Com) Unive
Slide 22: State Of The Art Manufacturing Facilities
State Of The Art Manufacturing Facilities LOTE • This site is a leading producer of Organo phosphonates which are used as chelating agents in a wide range of applications including water treatment, soaps and detergents, textile auxiliaries and I & I cleaners. ROHA • Products manufactured in this sit
Slide 23: Awards & Accolades
Awards & Accolades Jamnalal Bajaj fair business ENCON, Govt of India Award PC Ray award for Indigenous for Energy Efficiency Technology Practices Award 1992 2004 1965 ICC Lifetime Achievement JSW Earth Care Award to ICC Product Stewardship Award to Mr. Ashwin Shroff Excel’s NGO ,VRTI for CSR Award 2
Slide 24: Awards & Accolades
Awards & Accolades Shrestha Suraksha Puraskar in Chemical Manufacturing Sector for the year 2021 from Certificate for Longest Accident Free period & National Safety Council of India Lowest Frequency Rate Certificate of Appreciation from National Safety Council of India Award of Excellence in Sub-Sec
Slide 25: Awards & Accolades (2/2)
Awards & Accolades (2/2) 2022 : ICC Certificate of Merit. Category : Received Bronze medal for sustainability "Make in India Partnering Award” was FICCI Chemicals and Petrochemicals from Ecovadis presented to Excel during Rallis' Annual Awards 2022“ Category "Sustainability : Management of Health an
Slide 26: Ethical responsibility - Pillar of our CSR
Ethical responsibility - Pillar of our CSR 25
Slide 27: Excel's Three Pillars of Sustainability
Excel’s Three Pillars of Sustainability All Three Aspects – People, Profit and Planet must be balanced to ensure Sustainability People in Excel Industries Planet refers to the are guaranteed a work commitment by Excel environment where Industries to employees find implement value in what environment
Slide 28: Corporate Social Responsibility
Corporate Social Responsibility • Engaged in CSR initiatives since inception. • Endeavors towards creating positive change for the environment and the communities we serve. • Committed to the UN’s Sustainability Development Goals. ₹ 12+ Crs spent on CSR activities in last 5 years 27
Slide 29: Protecting the Environment
Protecting the Environment Water Security Through Community Animal Husbandry Drinking Water Facility Sand Filter Repairs of Water Wells, At- Nivi Adivasiwadi , Fish Farming Pond follow-up Visit – Goat farming – Bhise Taluka Roha - Raigad At – Pale khurd Village Roha - Raigad Roha Raigad Yashwantkhar
Slide 30: Social Upliftment
Social Upliftment Women Empowerment Millets Cakes Training, VRTI Training Hall, Nauvari Training , VRTI Hall, Roha Taluka, Flower making training, VRTI Hall Roha Taluka, Support to bussiness stall, Bhat Hall, Roha Taluka, Raigad Raigad Raigad Roha Taluka , Raigad Education Health School Head Master
Slide 31: Industry has a Huge Potential
Industry has a Huge Potential
Slide 32: Global Industry Overview
Global Industry Overview… China-plus-one MARKET SEGEMENTATION The Global Specialty Chemical Industry was valued at $910Bn in 2021 and is projected to reach $1240Bn by 2026, growing at a CAGR of - Agrochemicals - Specialty Polymers - Surfactants 6.4% from 2021 to 2026*. - Dyes and Pigments - Textile
Slide 33: Indian industry growing at double digit
…Indian industry growing at double digit India is expected to remain a driving force in The Indian chemical industry is expected to reach $304 Asia for chemical demand in 2024 given its billion by 2025, growing at a CAGR of 9.3%. (Source: TOI) strong economic growth and resilient The Indian Specialt
Slide 34: Historical Financial Performance
Historical Financial Performance 33
Slide 35: Historical Performance
Historical Performance REVENUE (Rs in Crs) EBITDA (Rs in Crs) PAT (Rs in Crs) (Standalone) Chemicals ENBT 230 160 1.178 1.090 826 129 127 93 702 749 121 78 70 1.153 1.067 685 730 812 24 15 18 20 25 23 14 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 REVENUE MIX Chemicals
Slide 36: Historical Performance
Historical Performance (Standalone) Return on Capital Employed Return on Equity 34% 23% 19% 24% 19% 14% 13% 10% 3% 2% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 WORKING CAPITAL ANALYSIS# Net Debt / Equity -0.11 -0.01 -0.08 -0.07 -0.14 *82 203 78 84 62 139 52 56 *82 55 60 75 36 60 40 51 44 *47
Slide 37: Consistent shareholder returns
Consistent shareholder returns FY20 FY21 FY22 FY23 FY24 Rs 145.5 crores Rs 36.1 crore Rs 14.1 crore Rs 28.3 crore Rs 14.1 crore Rs 6.91 crore Returned to shareholders Dividend Dividend Dividend Dividend Dividend in the last 10 years; 28% Payout Payout Payout Payout Payout CAGR growth 36.1 28.3 15.7
Slide 38: Capital allocation over the last few years
Capital allocation over the last few years Capital Expenditure Capacity Expansion New Products The company executed Rs 346 Crs of Received EC from regulatory bodies to increase Capex throughout the course of the four- its production capabilities and product Introduced capacities for new products lik
Slide 39: Key takeaways
Key takeaways Sustainable Industrial Enhancing Changing Capturing Consumer oriented solutions processes R&D landscapes opportunities approach Delivering sustainable Sustainability helps to Enhancing R&D Recognizes the Many companies are The new product solutions for a better reduce carbon footprint
Slide 40: Thank You
Thank You Company : Investor Relations Advisors : Excel Industries Limited CIN: L24200MH1960PLC011807 Mr. Bhavya Shah: +91 8082748577 Mr. Devendra Dosi, CFO bhavya.shah@linkintime.co.in Chief Financial Officer Ms. Shiwani Karwat: +91 9833251393 Email: devendra.dosi@excelind.com Shiwani.karwat@linkin
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