Bodal Chemicals Limited · NSE:BODALCHEM
Bodal Chemicals — Q1 FY2020-21 Earnings Presentation
24 slides from Bodal Chemicals's earnings presentation, Aug 14, 2020
Slide 1: Bodal Chemicals Ltd. – Exchange Submission Letter
Bodal Chemicals Ltd. COLOURS. INTEGRATION, INNOVATION. By Online Submission Sec/20-21/47 Date: 14/08/2020 To, To, The General Manager, The General Manager, BSE Ltd. National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, Rotunda Building, P.J. Tower, Plot no. C/1, G Block,
Slide 2: Quarterly Performance Q1FY2020-21
Quarterly Performance Q1FY2020-21 14th August 2020
Slide 3: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Bodal Chemicals’ future business developments and economic performance. W
Slide 4: Company Profile
i. Bodal Chemicals Ltd. Company Profile
Slide 5: History of Bodal Chemicals Ltd (Bodal)
History of Bodal Chemicals Ltd (Bodal) ▪ Bodal was incorporated in 1989 by Mr. Suresh Patel, a first-generation entrepreneur. Bodal commenced its operations by setting up small Vinyl Sulphone plant at Ahmedabad (Gujarat). ▪ At present there are three sub - segments of Products: ✓ Dye Intermediates (
Slide 6: History of Bodal Chemicals Ltd (Bodal)
History of Bodal Chemicals Ltd (Bodal) ▪ Bodal has strong presence across the globe. At present Bodal exports around 45% of its sales to 150+ customers in more than 45 countries. ▪ Subsidiaries: 1. Trion Chemicals Pvt. Ltd. (TCPL) – 100% holding 2. S P S Processors Pvt. Ltd. (SPS) – 70% holding 3. B
Slide 7: Timeline
Timeline 2006 Listed on BSE-reverse merger 2017 with Dintex Dye Chem (Unit I) Acquired 70%: SPS Processors (Zero Discharge) Acquired stake in Trion Chemicals, TCCA specialist (Zero 2006 Discharge) Acquired Unit IV 2018 2007 Dyestuff expansion by 12,000MTPA, Started building Unit VII Addition of 5MW
Slide 8: Integrated Business Model
Bodal Chemicals Ltd. Integrated Business Model
Slide 9: Manufacturing Value Chain
Input Materials – part/full in-house Manufacturing Value Chain Input Materials – external Bodal Chemicals Products End use industries End Use Input Materials Basic Chemicals Dye Intermediates Dyestuff Trion Chemicals Industry Water Vinyl Sulphone + Derivatives Reactive Dyes Textiles Para Nitro Anili
Slide 10: Quarterly Performance
i. Bodal Chemicals Ltd. Quarterly Performance
Slide 11: Q1FY21 Performance
Q3FY20 Performance Q1FY21 Performance Operational Highlights ➢ For Q1FY21, total production for standalone was 25,641MT which declined by 57% YoY and 61% QoQ. ➢ Q1FY21 was severely impacted by lockdown in the country due to temporary shutdown of the operations and decline in demand. 3,269 Financial
Slide 12: Financial – Standalone Basis
Q3FY20 Performance Financial – Standalone Basis (Rs. million) Particulars Q1FY21 Q1FY20 YoY (%) Revenue from operations 1,101 3,223 -66% Other income 70 46 54% Total Income 1,171 3,269 -64% Raw materials consumed 901 2,031 -56% Employee benefits 174 159 9% Other expenses 235 555 -58% Total expenses
Slide 13: Revenue Breakup (Standalone)
Q3FY20 Performance Revenue Breakup Breakup (Standalone) Sub-Segment Others Q1FY2021 Basic Q1FY2020 Others By Sub-Segment 14% Chemicals 2% Basic 11% Segment Chemicals Dye Intermediates Dye 13% 36% Intermediates Dyestuff 39% ByBy Dyestuff 36% 48% Q1FY2021 Q1FY2020 By Geography By Geography Export Expo
Slide 14: Consolidated Performance
Consolidated Performance 13
Slide 15: Consolidated Financials
Q3FY20 Performance Consolidated Financials Subsidiaries (Rs. million) Q1FY21 Particulars SPS Trion BCTPL BCL-China Sener Total Income 42 1 1 20 101 EBITDA (4) (7) (0) (1) 14 PAT (20) (20) (1) (1) (9) Consolidated Financials (Rs. million) Quarterly Yearly Particulars Q1FY21 Q1FY20 FY20 FY19 Operation
Slide 16: Segment Wise Data
Segment Wise Data i. Bodal Chemicals Ltd. 15
Slide 17: Sale of Products
Q3FY20 Performance Sale of Products (Rs. million) Geography- wise Revenues Q1FY21 % Share Q1FY20 % Share YoY (%) Domestic 673 62% 1,780 56% -62% Export 419 38% 1,396 44% -70% Total 1,092 100% 3,176 100% -66% Sub-Segment-wise Revenues Q1FY21 % Share Q1FY20 % Share YoY (%) Dye Intermediates 398 36% 1,
Slide 18: Management Comments
Management Comments i. Bodal Chemicals Ltd. 17
Slide 19: Management Comments
Management Comments ▪ Total production during Q1FY21 was down by 57% YoY to 25,641MT mainly due to closure of the plants for around 40 days due to lockdown in the country. For Q1FY21 on standalone basis, Basic Chemicals production (including Thionyl Chloride) stood at 22,948MT (-53% YoY), Dye Interm
Slide 20: Management Comments
Management Comments ▪ We acquired 100% stake in Trion Chemicals during Q3FY20 and the board approved its amalgamation with Bodal Chemicals Ltd in May-2020. We are near to completion of all safety related changes at Trion and confident to start operations from September 2020. ▪ Subsidiaries performan
Slide 21: Shareholding Data
Bodal Chemicals Ltd. Shareholding Data
Slide 22: Shareholding Data
Q3FY20 Performance Shareholding Data Shareholding Pattern – June 2020 Promoter & Promoter Group 35.7% Mutual Funds 58.3% Foreign Portfolio Investors Others 4.4% 1.5% Share Data Points Share Price Performance 105 Share Price (Rs) 77 95 85 77.1 75 Market Capitalization (Rs mn) 9,432 65 55 45 52 week -
Slide 23: Q1FY21 Conference Call
Q1FY21 Conference Call Management will discuss results of Q1FY21 and Outlook on a conference call on 14th August 2020 at 5.30 PM IST. The conference call dial-in numbers are: Primary number: +91-22-6280-1106 / +91-22-7115-8007 Local access number: +91-70456-71221 The numbers listed above are univers
Slide 24: Thank You
Thank You For any queries, please contact: Meet Chande Mayur Padhya IR, Bodal Chemicals Ltd. CFO, Bodal Chemicals Ltd. ir@bodal.com mayur@bodal.com Ph: +91 79 6816 0100 +91- 99099 41324 23