Black Rose Industries Limited · BSE:BLACKROSE
Black Rose Industries — FY2024 Earnings Presentation
15 slides from Black Rose Industries's earnings presentation, Jun 6, 2024
Slide 1: FY 2023-24 Earnings Webinar
FY 2023-24 EARNINGS WEBINAR June 06, 2024 BLACK ROSE INDUSTRIES LIMITED August 24, 2021
Slide 2: Disclaimer
FY2023-24 EARNINGS WEBINAR Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by BLACK ROSE INDUSTRIES LIMITED (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to pur
Slide 3: Business presence of Black Rose
FY2023-24 EARNINGS WEBINAR Polyacrylamide Business presence solid - 10,000 MTPA of Black Rose Acrylamide liquid – (in R&D) N-methylol 32,000 MTPA acrylamide (NMA) - 2,000 Chemical (20,000 MTPA for merchant MTPA distribution sales and 12,000 MTPA for Chemical captive requirement) manufacturing Acryla
Slide 4: Financials – Profit & Loss (Standalone & Consolidated)
FY2023-24 EARNINGS WEBINAR Financials – Profit & Loss (Standalone & Consolidated) INR. in millions STANDALONE CONSOLIDATED Particulars YE FY24 YE FY23 Change % YE FY24 YE FY23 Change % Revenue from operations 2,811.71 2,780.92 1% 3,804.17 4,304.40 -12% EBITDA 315.47 140.45 125% 326.53 159.56 105% De
Slide 5: Financials – Balance Sheet (Standalone & Consolidated)
FY2023-24 EARNINGS WEBINAR Financials – Balance Sheet (Standalone & Consolidated) INR in millions STANDALONE CONSOLIDATED All ratios on basis of Standalone figures Particulars YE FY24 YE FY23 YE FY24 YE FY23 Return on Equity (%) Sources of Funds 20.00% Equity Share Capital 51.0 51.0 51.0 51.0 14.64%
Slide 6: Financials – (Standalone)
FY2023-24 EARNINGS WEBINAR Financials – (Standalone) Total revenue and EBITDA INR in millions Highlights 2,900 600 2,851 R 2,850 480 E E • EBITDA % more than doubles over 2,795 B V 2,800 315 360 I previous year E T N 2,750 240 D U A E • Increase in sales volumes by 20% 2,700 120 139 2,650 - YE FY23
Slide 7: Financials – Revenue and geographic mix
FY2023-24 EARNINGS WEBINAR Financials – Revenue and geographic mix 1% 1% MANUFACTURING 29 31 % % DISTRIBUTION 70 68 % % OTHERS FY23 FY24 30 EXPORTS 34 % % 70 66 LOCAL % % Figures rounded off to closest unit percentage 7
Slide 8: Financials - Distribution
FY2023-24 EARNINGS WEBINAR Financials - Distribution Total distribution revenue and EBITDA INR in millions Highlights 1965 2000 1897 210 • Distribution margin up 60% YoY 1500 • Subdued demand from US oil and gas sector R 140 E E 142 B V I E 1000 • Strong support and improved supply from T N D princi
Slide 9: Financials - Manufacturing
FY2023-24 EARNINGS WEBINAR Financials - Manufacturing Total manufacturing revenue and EBITDA INR in millions Highlights 1000 300 917 • AAM-L sales volume increased 812 750 • EBITDA % increased by 70% YoY R 200 207 E E B V E 500 I • AAM-S and NMA sales pick up during the T N D year U A E 100 110 250
Slide 10: Acrylonitrile – Acrylamide Price Trend
FY2023-24 EARNINGS WEBINAR Acrylonitrile – Acrylamide Price Trend 1600 75 60 1400 1408 1405 1300 1305 1293 1245 1195 45 ACN Price USD/MT 1296 1223 1223 1205 1283 1200 1154 1254 1268 1239 1218 1077 30 1045 1132 1088 1000 1069 1020 15 959 800 0 Apr'23 May'23 June'23 July'23 Aug'23 Sept'23 Oct'23 Nov'2
Slide 11: Outlook for the current year: Chemical distribution
FY2023-24 EARNINGS WEBINAR Outlook for the current year: Chemical distribution Increased support from suppliers Focus on greater market outreach and new product addition Domestic sales volume and revenues to increase Merchant export volumes expected to be steady Impact of international log
Slide 12: Outlook for the current year: Acrylamide liquid and solid
FY2023-24 EARNINGS WEBINAR Outlook for the current year: Acrylamide liquid and solid Raw material prices expected to moderate AAM-L volume and revenue expected to increase AAM-S sales to pick up significantly International logistics may affect supplies to certain markets 12
Slide 13: Outlook for the current year: PAM Liquid and NMA
FY2023-24 EARNINGS WEBINAR Outlook for the current year: PAM Liquid N-methylol acrylamide (NMA) Subdued demand for ceramic binders Regular orders from key customer Work on newer versions continue Higher sales of NMA in current year Polyacrylate-based dispersant undergoing plant trials 13
Slide 14: Outlook: On-going and Upcoming Projects
FY2023-24 EARNINGS WEBINAR Outlook for the current year: On-going and Upcoming Projects R&D development of polyacrylamide solids expected to be completed in this fiscal New R&D facility finalized EC application under progress for new specialty chemicals project with Japanese collaboration Se
Slide 15: Contact
FY2023-24 EARNINGS WEBINAR Contact Mr. Ambarish Daga Director, Joint CFO & Investor Relations Officer Head office 145/A, Mittal Towers Nariman Point, Mumbai 400 021, India Call / Fax +91-22-4333-7200 +91-22-2287-3022 (Fax) Mail to investor@blackrosechemicals.com