Oriental Aromatics Ltd. · NSE:OAL
Oriental Aromatics — Q3 2024 Earnings Presentation
20 slides from Oriental Aromatics's earnings presentation, Feb 13, 2024
Slide 1: Regulation 30 disclosure cover letter to BSE and NSE
Ref: OAL/BSE/NSE/129/2023-24 13th February, 2024 To To The Manager The Manager Department of Corporate Services, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai
Slide 2: Earnings Presentation Q3/9M-FY24
EARNINGS PRESENTATION Q3/9M-FY24
Slide 3: Executive Summary
EXECUTIVE SUMMARY OVERVIEW FY23 CONSOLIDATED FINANCIALS • Oriental Aromatics Ltd. is one of the largest Indian manufacturers of a variety of Aroma Chemicals, Camphor, OP. INCOME - INR 8,491 Mn Fragrances and Flavours. • The company is one of the privileged few integrated PBT - INR 275 Mn manufacture
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
COMPANY OVERVIEW • The Fragrance and Flavours business of Oriental Aromatics was founded by Mr. Keshavlal Bodani in 1955 and OPERATIONAL REVENUE, PAT & EBITDA MARGIN (INR) has been nurtured and handed down to three generations of the Bodani’s. • In August 2008, Oriental Aromatics Ltd. acquired a con
Slide 6: Value Chain
VALUE CHAIN SOURCES OF RAW MATERIALS RAW MATERIALS PRODUCTS/BLENDS APPLICATIONS INCENSE STICKS AIR FRESHENERS AROMA INGREDIENTS • Specialty Aroma Chemicals PINE TREE • Pine Oil COSMETICS • Terpene based aroma chemicals • Others SPIRITUAL SYNTHETIC CAMPHOR BALMS PETROLEUM ALPHA PINENE FRAGRANCE AND F
Slide 7: Financial Overview
6 Q 3/9 M-FY 24 FINANCIAL OVERVIEW
Slide 8: Q3/9M-FY24 Financial Highlights
Q3/9M-FY24 FINANCIAL HIGHLIGHTS Q3-FY23 CONSOLIDATED FINANCIAL PERFORMANCE 9M-FY23 CONSOLIDATED FINANCIAL PERFORMANCE INR 1,974 Mn INR 141 Mn 7.14% INR 6,199 Mn INR 260 Mn 4.19% REVENUE FROM EBITDA EBITDA MARGIN REVENUE FROM EBITDA EBITDA MARGIN OPERATIONS OPERATIONS INR 26 Mn 1.32% INR 0.78/share I
Slide 9: Q3/9M-FY24 Operational Highlights
Q3/9M-FY24 OPERATIONAL HIGHLIGHTS • Production volume in the group have shown a healthy double-digit growth across all the divisions. • The company witnessed a healthy demand in Speciality aroma ingredients division, while the demand in the Flavour & Fragrance and Camphor division was lower than the
Slide 10: Q3-FY24 Consolidated Income Statement (IND-AS)
Q3-FY24 CONSOLIDATED INCOME STATEMENT (IND-AS) INCOME STATEMENT (MN) Q3-FY24 Q3-FY23 Y-O-Y Q2-FY24 Q-O-Q Total Operational Income 1,974 1,994 (1.0)% 2,268 (13.0)% Total Expenses 1,833 1,853 (1.1)% 2,158 (15.1)% EBITDA 141 141 0.0% 110 28.2% EBITDA Margins (%) 7.14% 7.07% 7 Bps 4.85% 229 Bps Other In
Slide 11: YTD Consolidated Income Statement (IND-AS)
YTD CONSOLIDATED INCOME STATEMENT (IND-AS) INCOME STATEMENT (MN) 9M-FY24 9M-FY23 Y-O-Y Total Operational Income 6,199 6,537 (5.2)% Total Expenses 5,939 6,086 (2.4)% EBITDA 260 451 (42.4)% EBITDA Margins (%) 4.19% 6.90% (271) Bps Other Income 55 50 10.0% Depreciation 147 145 1.4% Finance Cost 169 99
Slide 12: Historical Financial Overview
11 HISTORICAL FINANCIAL OVERVIEW
Slide 13: Historical Standalone Income Statement
HISTORICAL STANDALONE INCOME STATEMENT INCOME STATEMENT (MN) FY21 FY22 FY23 9M-FY24 Total Operational Income 7,088 8,688 8,491 6,199 Total Expenses 5,532 7,753 7,940 5,936 EBITDA 1,556 935 551 263 EBITDA Margins (%) 21.95% 10.76% 6.49% 4.24% Other Income 18 44 58 55 Depreciation 175 170 193 146 Fina
Slide 14: Historical Standalone Balance Sheet
HISTORICAL STANDALONE BALANCE SHEET LIABILITIES (INR MN) FY22 FY23 H1-FY24 ASSETS (INR MN) FY22 FY23 H1-FY24 Shareholders Fund Assets Share Capital 168 168 168 Non-Current Assets Property, Plant and Equipment 2,076 2,089 2,043 Other Equity 5,893 6,099 6,048 Intangible Asset 24 47 48 Capital WIP 210
Slide 15: Historical Consolidated Income Statement
HISTORICAL CONSOLIDATED INCOME STATEMENT INCOME STATEMENT (MN) FY21 FY22 FY23 9M-FY24 Total Operational Income 7,088 8,688 8,491 6,199 Total Expenses 5,537 7,763 7,949 5,939 EBITDA 1,551 925 542 260 EBITDA Margins (%) 21.88% 10.65% 6.38% 4.19% Other Income 17 44 57 55 Depreciation 175 170 194 147 Fi
Slide 16: Historical Consolidated Balance Sheet
HISTORICAL CONSOLIDATED BALANCE SHEET LIABILITIES (INR MN) FY22 FY23 H1-FY24 ASSETS (INR MN) FY22 FY23 H1-FY24 Shareholders Fund Assets Share Capital 168 168 168 Non-Current Assets Other Equity 5,884 6,081 6,028 Property, Plant and Equipment 2,079 2,091 2,045 Goodwill on Amalgamation 450 450 450 Non
Slide 17: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE REVENUE FROM OPERATIONS (INR MN) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 21.88% 25.00% 14.38% 8,688 8,491 7,088 20.00% 6,199 1,019 15.00% 10.65% 6.13% 10.00% 6.38% 4.19% 2.32% 5.00% 533 1,551 925 542 260 197 -0.16% 0.00% -10 FY21 FY22 FY
Slide 18: Capital Market Information
CAPITAL MARKET INFORMATION STOCK PERFORMANCE (AS ON 31ST DECEMBER, 2023) 20.0% 15.0% 10.0% 5.0% 0.0% -5.0% -10.0% -15.0% -20.0% -25.0% -30.0% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 OAL Sensex PRICE DATA (AS ON 31ST DECEMBER, 2023) INR SHAREHOLDING PATTERN
Slide 19: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Oriental Aromatics 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
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