National Fertilizers Ltd. · NSE:NFL
National Fertilizers — FY2017-18 Earnings Presentation
70 slides from National Fertilizers's earnings presentation, March 2018
Slide 1: Financial Results FY 2017-18
Financial Results FY 2017‐18 National Fertilizers Limited
Slide 2: Brief Overview
BRIEF OVERVIEW Introduction • Incorporated on 23rd August, 1974. • Share Capital details as on 31.03.2018. 31 03 2018 ¾ Authorized capital : ` 1,000.00 crore. ¾ Paid up capital : ` 490.58 crore. ¾ Net-worth : ` 1,987.40 crore. Shareholding Pattern as on 31.03.2018: 31 03 2018: ¾ Government of India
Slide 3: Brief on Plants and Trading Activities
BRIEF ON PLANTS AND TRADING ACTIVITIES UREA Vijaipur‐II Vijaipur‐I Bathinda Panipat Nangal ANNUAL CAPACITY (LMT) – 32.31 LMT (RAC) 8.646 8.646 5.115 5.115 4.785 Annual Capacity p y after Urea Capacity p y Enhancement Projects j 10.662 9.999 5.115 5.115 4.785 at Vijaipur‐I & II units – 35.68 LMT Capa
Slide 4: Financial Performance at a Glance
FINANCIAL PERFORMANCE AT A GLANCE (Current &Preceding 3 Years) SL .No. Particulars 2014‐15 2015‐16 2016‐17 2017‐18 1 Production (Urea) (LMT) 36 39 36.39 37 99 37.99 38 10054 38.10054 38 10250 38.10250 2 Sale of Urea (LMT) 36.57 36.41 37.58 39.16 # 3 Capacity Utilization w.r.t. RAC (Urea %) 112.60 11
Slide 5: Performance Highlights
PERFORMANCE HIGHLIGHTS ¾ Ever best b achievements h d during h FY 2017‐18. the 1. Production of Urea: 38.10250 LMT ( CPLY 38.10054 LMT) 2. Sale of Urea: 39.16 LMT (CPLY 37.58 LMT) 3. Import of DAP/MOP/APS/NPK/BS: 4.47 LMT (CPLY 2.17 LMT) 4. Sale of DAP/MOP/APS/NPK/BS/Compost: 3.93 LMT (CPLY 2.20 LMT
Slide 6: 5 Year Growth & Trends
5 YEAR GROWTH & TRENDS 6
Slide 7: Production of Urea (Quantity) LMT
Production of Urea (Quantity ) LMT Production of Urea in LMT 38.5 37.99 38.10054 38.10250 38 37.5 Ever Best 37 36.5 36.36 36.39 36 35.5 35 FY 13 13‐14 14 FY 14 14‐15 15 FY 15 15‐16 16 FY 16 16‐17 17 FY 17‐18 17 18 ¾There is no change in installed capacity (35.68 LMT) of the Plants during last 5 year
Slide 8: Import of DAP/MOP/APS/NPK/BS
Import of DAP/MOP/APS/NPK/BS (Quantity ) LMT Purchase of Traded Goods CAGR of 259% during last 3 years 4.47 4.500 4.000 Ever Growth 106% as 3.500 Best Purchase Quaantity in LMT compared to CPLY 3.000 2.17 2.500 2.000 1.500 0.51 1.000 0.02 0 02 0.005 0.500 0.000 FY 13‐14 FY 14‐15 FY 15‐16 FY 16‐17 FY
Slide 9: Sale of Urea (Quantity) LMT
Sale of Urea (Q (Quantityy ) LMT UREA CAGR of 2% during last 5 years 40.00 39.16 39.00 Growth 4.20% as comparedd to CPLY Quantitty in LMT Ever 38.00 37.58 Best 37.00 36 57 36.57 36 41 36.41 36.00 35.78 35.00 35 00 34.00 FY 13‐14 FY 14‐15 FY 15‐16 FY 16‐17 FY 17‐18 Period 9
Slide 10: Sale of Traded Goods (Quantity) LMT
Sale of Traded Goods (Quantity) LMT CAGR of 224% during last 3 years DAP/MOP/APS/BS/COMPOST 3.93 ntity in LLMT Growth 79% as 4.000 compared to CPLY 3.500 2.20 Ever 3.000 Best 2.500 Saale Quan 2 000 2.000 0 51 0.51 1.500 0.02 0.004 1.000 0.500 0.000 FY 13‐14 FY 14‐15 FY 15‐16 FY 16‐17 FY 17‐18 Period
Slide 11: Sale of All Fertilizers (Quantity) LMT
Sale of All Fertilizers ((Quantity) y) LMT CAGR of 4% during last 5 years All Fertilizers 45.00 Growth 8.32 % as 43.09 43 09 compared to CPLY 39.78 40.00 36.57 36.92 Ever 35.80 Best ntity in LMTT 35.00 30.00 Quan 25.00 20.00 15.00 FY 13‐14 FY 14‐15 FY 15‐16 FY 16‐17 FY 17‐18 Period 11
Slide 12: Sale Value of All Products
Sale value of All Product ((` Crore)) Urea +Traded Goods+ IP, etc. 10000 2 3% during last 5 years CAGR of 2.3% `8928.29 9000 `8519.69 Growth 16.81% as compared to CPLY `8017 03 `8017.03 Ever Sale Values in ` Crore e 8000 `7765.88 `7643.36 Best 7000 6000 5000 4000 FY 13‐14 FY 14‐15 FY 15‐16 FY 16‐17
Slide 13: Share of Non Urea Products in Total Turnover
SHARE OF NON UREA PRODUCTS IN TOTAL TURNOVER ((` in crore)) 9000 8500 120.3 1303.06 8000 86.2 7500 415.37 895.03 7000 6500 Non 6000 Urea ` in crore 5500 5000 4500 8399.39 4000 7930.83 7625.23 7350.51 3500 6748 33 6748.33 Urea 3000 2500 2000 1500 1000 500 FY 13‐14 FY 14‐15 FY 15‐16 FY 16‐17 FY 17‐18
Slide 14: Share of Non Urea Products in Total Turnover (%)
SHARE OF NON UREA PRODUCTS IN TOTAL TURNOVER (in %) 100.00% 1.0% 1.5% 5% 12% 15% 75.00% Non Urea 99% 98.5% 95% 88% 85% Urea 50.00% 25.00% FY 13‐14 FY 14‐15 FY 15‐16 FY 16‐17 FY 17‐18 ¾% are rounded off 14
Slide 15: Sale of Industrial and Other Products
Sale of Industrial and Other Products (Quantity) LMT Industrial Products CAGR of 43% during last 5 years 0 90 0.90 0.80 0 88 0.88 0.80 Growth 10% as uantity in LLMT 0.70 compared 0.60 0.57 to CPLY 0 51 0.51 0.50 0.40 0.30 0.28 Qu 0.20 0.10 0.00 FY 13‐14 FY 14‐15 FY 15‐16 FY 16‐17 FY 17‐18 Period ¾In
Slide 16: Sale of Seeds (Quintals)
Sale of Seeds (Quintals) ( ) Seeds 90000 76706 60786 60000 53031 54481 * 42694 30000 0 FY 13‐14 13 14 FY 14‐15 14 15 FY 15‐16 15 16 FY 16‐17 16 17 FY 17‐18 17 18 ¾Procurement constraints from NSC from 2014‐15 onwards and hence Seed p multiplication p program(SMP) g ( ) taken up p. ¾* Includes 31205
Slide 17: EBITDA (₹ crore)
Earnings before interest, tax, depreciation and amortization (EBITDA) (` crore) EBITDA `747.38(Excluding provision for pay‐ 800 Revision & Gratuity) 700 `501.68 Including provision for pay‐ 600 `556.97 `555.30 R i i & Gratuity) Revision G i ) Value in ` crore 500 400 `376.57 300 200 `134.49 100 0 FY
Slide 18: Profit Before Tax (PBT)
Profit before tax (PBT), (` Crore) `543.58 (excluding PBT provision for pay‐Revision & Gratuity and other income from sale of assets) 600 500 `334.83 (Including provision for pay‐Revision & Value in ` crore Gratuity and income from 400 sale of assets) `324.88 300 `283.49 Ever 200 Best In V 100 Last
Slide 19: Profit After Tax (PAT)
Profit after tax ((PAT)) ((` Crore) PAT 250 `208.17 `212.77 `197.09 ue in ` ccrore 200 Ever 150 Best In 100 Last 15 `26 24 `26.24 Valu 50 Years 0 FY 14‐15 FY 15‐16 FY 16‐17 FY 17‐18 Period ¾ Reference note with slide no. 18. 19
Slide 20: Earning Per Share (EPS)
( ) of `10 Earningg Per Share (EPS) Earning Per Share (EPS) of ` 10 5 4.5 4.24 4 34 4.34 4.05 4 Ever 3.5 Best 3 In Last 2.5 15 2 Years 1.5 1 0.53 0.5 0 FY 14‐15 FY 15‐16 FY 16‐17 FY 17‐18 ¾Reference note with slide no. 18. 20
Slide 21: Performance for FY 2017-18
PERFORMANCE FOR FY 2017‐18 21
Slide 22: Overall Performance for FY 2017-18
OVERALL PERFORMANCE for FY 2017‐18 `Crore Particulars FY 2017-18 CPLY Increase/(decrease) ( ) ` Crore % Gross Sales 8928.29 7643.36 1284.93 17 Total Expenses (excluding provision for Pay-Revision and 8180.91 7062.86 1118.05 16 Gratuity) Total Expenses (including provision for Pay-Revision and 8426.6
Slide 23: Sale (Qty. & Value)
SALE (QTY. & VALUE) ` `crore Particulars FY 2017-18 FY 2016-17 Increase/(decrease) ` Crore % Sale quantity of Urea (LMT) 39.16 37.58 1.58 LMT 4 Sale quantity of DAP/MOP/APS 3.93 2.20 1.73 LMT 79 /BS/Compost (LMT) (details in slide no. 24) Total 43.09 39.78 3.31 LMT 8 Gross Sales of urea 7625.23 6748
Slide 24: Sale Break up of Traded Goods
Sale Break up of Traded goods (Qty. and Value) FY 2017 2017-18 18 FY 2016 2016-17 17 Qty. Increase// Qty. Inc./ Value (Decrease) Inc./ Particulars Value (Dec.) Qty. Qty. (` with CPLY (Dec.) (` Crore) with CPLY Crore)) (` Crore) with CPLY % DAP (LMT) 3.28 986.38 2.14 650.69 335.69 53 1.14 MOP (LMT) 0
Slide 25: Sale Break up of Industrial & Other Products
Sale Break up of Industrial & Other Products (Qty. & Value) 2017-18 FY 2017 18 CPLY Qty Qty Qty. Increase/ Increase/ Inc./ (Dec.) (Decrease) Particulars Value Value (Decrease) with CPLY Qty. Qty. with CPLY with CPLY (` Crore) (` Crore) (` Crore) % Ni i A Nitric Acid id (MT) 69403 123.96 67949 153.24
Slide 26: Sale of All Fertilizers (Zone Wise)
SALE OF ALL FERTILIZERS (ZONE WISE) (LAKH MT) Zonal Offices Actual Increase/ FY 2017-18 CPLY (Decrease) Chandigarh 17.79 16.42 1.37 Bhopal 11.95 11.09 0.86 Lucknow 13.35 12.27 1.08 TOTAL 43 09 43.09 39 78 39.78 3 31 3.31 ¾Sale of all fertilizers during the period was higher by 3.31 Lakh MT (8%) as c
Slide 27: Turnover Growth in FY 17-18
Turnover Growth in FY 17‐18 ` 8928.29 crore ( (FY‐2017‐18) ) (17%) ` 7643.36 crore (FY‐2016‐17) ¾Turnover i.e. Revenue from operations. 27
Slide 28: Total Revenue Growth in FY 17-18
Total Revenue Growth in FY 17‐18 ` 9024.63 crore (FY‐2017‐18) (17.39%) ` 7687.95 crore (FY‐2016‐17) ¾Total Revenue i.e. Revenue from operations + Other income = Total Income. 28
Slide 29: Sale - Urea/IP/Traded Goods (Value & % Turnover)
Sale ‐Urea/IP/Traded ggoods (Value ( & % turnover ) FY 2016‐17 FY 2017‐18 `706.75 ` 1130.52 crore (9.2%) crore (12.6%) `188.28 crore (2.5%) `172.54 crore (2%) Urea Urea Traded Goods Traded Goods Industrial Product Industrial Product `6748.33 `7625.23 crore (88.3%) crore (85.4%) ¾Industrial Products
Slide 30: Urea Sales Quantity & Value
Urea Sales Quantity & Value Quantity Value 39.16 LMT ` 7625.23 crore (FY‐2017‐18) (FY‐2017‐18) (4%) (13%) 37.58 LMT ` 6748.33 crore (FY‐2016‐17) (FY‐2016‐17) 30
Slide 31: Traded Goods Sale Quantity & Value
Traded Goods Sale Quantity & Value Quantity Value 3.93 LMT ` 1106.95 crore (FY‐2017‐18) (FY‐2017‐18) (68%) (79%) 2.20 LMT ` 660.21 crore (FY‐2016‐17) (FY‐2016‐17) 31
Slide 32: Sale Quantity & Value of Industrial Products
Sale Quantity & Value of Industrial Products Quantity Value 0.84 LMT ` 161.24 crore (FY‐2017‐18) (FY‐2017‐18) (5%) (13.7%) 13 7%) 0.80 LMT ` 186.86 crore (FY‐2016‐17) (FY‐2016‐17) ¾*There is reduction in sale value of IP mainly due to decrease in sale realization of Nitric Acid due to cheaper import
Slide 33: Sale of Agro Chemicals
Sale of Agro chemicals (No. of Packets) Agro chemicals 400000 369533 350000 uantity in Nos 300000 Growth 1358% 250000 as compared d 200000 to CPLY 150000 Qu 100000 25350 50000 0 FY 16 16‐17 17 FY 17 17‐18 18 Period ¾*Prior to 2016 ¾ 2016‐17 17 NFL was doing Agro Agro‐chemicals chemicals business on
Slide 34: Details of Expenses for FY 2017-18
DETAILS OF EXPENSES FOR FY 2017‐18 34
Slide 35: Details of Expenses for FY 2017-18
Details of Expenses for FY 2017‐18 Particulars FY 2017-18 CPLY Increase/ Remarks (Decrease) Production of urea (LMT) 38.10 38.10 196 MT Higher by 196 MT during FY17-18 Sale of urea (LMT) 39.16 # 37.58 1.58 (` Crore) (` Crore) (` Crore) Cost of Materials 3399 15 3399.15 3015 06 3015.06 384 09 384.09
Slide 36: Purchase of Traded Goods (Qty. and Value)
Purchase of Traded goods (Qty. and Value) Particulars FY 2017-18 CPLY Increase/ Qty. Inc./ Qty. Inc./ Qty. Value Qty. Value (Decrease (Dec.) (Dec.) (` Crore) (` Crore) ) with with with CPLY CPLY CPLY % (` Crore) DAP (IMP) (LMT) 3.29 783.1 2.14 531.1 252.01 53.7 1.15 MOP (IMP) (LMT) 0.27 39.56 ‐ ‐ 39
Slide 37: Purchase Value and Quantity of Traded Goods
Purchase Value and Quantity of Traded Goods Quantity Value 4.59 LMT ` 1003.89 crore (FY‐2017‐18) (FY‐2017‐18) (108.60%) (87.50%) 2.20 LMT ` 535.41 crore (FY‐2016‐17) (FY‐2016‐17) 37
Slide 38: Production, Stock, Energy Consumption for FY 2017-18
PRODUCTION, STOCK, ENERGY CONSUMPTION FOR FY 2017 2017‐18 18 38
Slide 39: Urea Production
UREA PRODUCTION Lakh MT FY 2017 2017-18 18 CPLY Variance with CPLY Unit i Actual Actual Nangal 5.43 5.02 0.41 Panipat 5.60 5.43 0.17 Bathinda 5.62 5.68 (0.06) Vijaipur I 10.50 10.58 (0.08) Vij i Vijaipur II 10 95 10.95 11 39 11.39 (0 44) (0.44) Total 38.10250 38.10054 0.00196 ¾Ever best ¾E b t produ
Slide 40: Energy Consumption
ENERGY CONSUMPTION (GCAL/MT OF UREA) A t l Energy Actual E Units Energy Norms FY 2017-18 CPLY NUP Nangal 7.095 6.819 7.012 Panipat p 7.614 6.762 7.112 Bathinda 7.479 6.859 6.924 Vij i Vijaipur I 5 904 5.904 5 753 5.753 5 784 5.784 Vijaipur II 5.569 5.372 5.364 >Energy >E consumptionti during d i cur
Slide 41: Urea Stock
UREA STOCK (LAKH MT) Unit As on 31.03.2018 As on 31.03.2017 Silo 0.91 1.24 MIT 0.10 0.48 Warehouse 0.40 0.74 Total stock 1.41 2.46 Details of silo stock N Nangal l 0 09 0.09 0 04 0.04 Panipat 0.08 0.19 Bathinda 0.12 0.21 Vijaipur I 0.16 0.35 Vijaipur II 0.46 0.45 Total 0.91 1.24 41
Slide 42: Stock of Traded Fertilizer
Stock of Traded Fertilizer (MT) Unit As on 31.03.2018 As on 31.03.2017 DAP 215 - APS 25845 - NPK 38500 - BS - 63 Compost - 30 Total 64560 93 42
Slide 43: Analysis of Finance Cost
Analysis of Finance C t Cost 43
Slide 44: Commercial Paper Borrowings vis-à-vis Other Short Term Borrowings
Commercial Paper (CP) Borrowings vis‐à‐vis other short term borrowings (` crore)) 3000.00 155.01 2500.00 5.74% Average CC/STL 316.14 161.74 13.01% borrowings 6.95% Value in ` crore 2000.00 excluding SBA 1814.57 65.46% 1500.00 2545.99 2114.54 2166.75 94.26% 1119.29 1000.00 86.99% 93.05% 70.55% Averag
Slide 45: Weighted Average Finance Cost on CP and Short Term Borrowings
Comparative weighted average finance cost on Commercial Paper (CP) Borrowings and Total short term Borrowings 12.00% 9.64% 9.63% Weighted Average 8.65% 8.75% rate of Interest Rate 7.81% 8.05% on CP Borrowings (%) 8.00% 6.91% 7.04% 6.32% 6.38% 4.00% Weighted h d Average rate of Interest Rate on total
Slide 46: Four Year Interest Trend of Short Term Finance Cost
Four year Interest trend of short term finance cost d ti Value reduction V l (` crore ) and d % ((on lik like tto lik like b i) basis) Particulars a t cu a s 2014‐15 0 5 2015‐16 0 5 6 2016‐17 0 6 2017‐18 0 8 Working Capital Interest (` crore) 269 196 166 173 Less Interest on trading activities 1 36
Slide 47: Break Up of Total Finance Cost for FY 2017-18
BREAK UP OF TOTAL FINANCE COST FOR FY 2017‐18 ` Crore P ti l Particulars FY 2017 18 2017-18 CPLY I Increase/ / (Decrease) Interest on Long Term Loans 8.07 13.58 (5.51) Interest on working capital Loans 134.35 162.38 (28.03) ( (excluding l di i t interestt on t di trading activities) Other borrowing
Slide 48: Analysis of Finance Cost on Working Capital
ANALYSIS OF FINANCE COST ON WORKING CAPITAL FOR FY 2017‐ 18 ` Crore C Increase/ Particulars FY 2017-18 CPLY (Decrease) Interest on working capital Loans (excluding interest on trading activities) 134.35 162.38 (28.03) Interest on Trading Activities 35.66 0.95 34.71 Other borrowing costs (CP related
Slide 49: Steps Taken to Reduce Finance Cost
STEPS TAKEN TO REDUCE FINANCE COST ¾ CP borrowing increased to 94% (88% in CPLY). CPLY) ¾ Interest cost saving by 60 bps (6.32% against 6.92% in CPLY) achieved in CP borrowings. ¾ Longer duration CPs raised to reduce CP overhead cost . ¾ The Th maturity t it dates d t off CP borrowings b i planned l
Slide 50: Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Earnings before Interest Tax, Interest, Tax Depreciation and Amortization (EBITDA) 50
Slide 51: EBITDA With & Without Impact of Pay Revision & Gratuity
Earnings before interest, tax, depreciation and amortization (EBITDA) (With & Without Impact of Pay revision & Gratuity) `Crore Particulars FY 2017-18 CPLY Increase/(decrease) ` Crore % Gross Sales 8928.29 7643.36 1284.93 17 Total Expenses (excluding provision for Pay- 8180.91 7063.06 1117.85 16 Rev
Slide 52: Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Earnings before interest, tax, depreciation and amortization (EBITDA) ` 747.38 crore (FY‐2017‐18) ` 501.68 crore (FY‐2017‐18) (Excluding provision for Pay-Revision Pay Revision and (Including provision for Pay-Revision Pay Revision Gratuity and income from sale of assets) and Gratuity and income fro
Slide 53: Financial Performance for FY 2017-18
FINANCIAL PERFORMANCE for FY 2017‐18 Company has earned Profit Before Tax of ` 334.83 crore after provision for gratuity and pay revision for ` 245.70 crore (`25.20 crore during CPLY) the year as against Profit Before Tax of ` 324.88 crore during CPLY i.e. increase in profit by ` 9.95 crore. crore P
Slide 54: Important Financial Indicators
Important Financial Indicators Particulars Unit FY 14-15 FY 15-16 FY 16-17 FY 17-18 Debt Service Ti Times 0 94 0.94 2 13 2.13 2 39 2.39 2 34 2.34 Coverage Ratio Interest Coverage Times 1.39 2.65 3.16 3.15 Ratio Debt to Equity 1.54 Ratio Times 5.07 3.62 2.26 Earning Per Share ` /Share of ` 10 0 53 0.
Slide 55: Segment Results for FY 2017-18
SEGMENT RESULTS FOR FY 2017‐18 55
Slide 56: Segment Results
SEGMENT RESULTS ` crore FY 2017-18 FY 2016-17 Particulars ` crore % ` crore % Segment Revenue Own Fertilizers (Urea, BS and Bio- 7626.66 85.42% 6750.72 88.32% fertilizers) Fertilizer Trading 1106.95 12.40% 660.21 8.64% Other Products 194.68 2.18% 232.43 3.04% 8928.29 100.00% 7643.36 100.00% Total Se
Slide 57: Performance for Quarter Ended March 2018
PERFORMANCE FOR QUARTER ENDED MARCH 2018 57
Slide 58: Overall Performance (Quarter Ended 31.03.2018)
OVERALL PERFORMANCE (Quarter Ended 31.03.2018) `Crore Particulars Qtr Qtr. CPLY Increase/(decrease) March 2018 ` Crore % Gross Sales (All Products) detail next slide 2095.73 1858.72 237.01 13 Total Expenses (excluding provision for Pay‐Revision and Gratuity) y) 1872.09 1668.54 203.55 12 Total Expens
Slide 59: Sale (Quarter ended 31.03.2018)
SALE (Quarter ended 31.03.2018) `crore Particulars Qtr. CPLY Increase/(decrease) March 2018 ` Crore % Sale quantity of urea 8.97 8.71 0.26(LMT) 3 (LMT) Sale q quantity y of 0.12 0.11 0.01 (LMT) 9 DAP/MOP/NPK (LMT) Gross Sales of urea 2012.33 1783.37 228.96 13 Sale of other products – 83 40 83.40 75
Slide 60: Sale of Traded Goods (Quarter Ended 31.03.2018)
Sale of Traded goods (Quarter Ended 31.03.2018) Q Qtr. Q Qty. CPLY Inc./ March 2018 Inc./ Qty. Inc./ (Dec.) Particulars (Dec.) (Dec.) Value Value with CPLY Qty. Qty. with CPLY with CPLY (` Crore) (` Crore) (` Crore) % DAP (LMT) 0.06 12.58 0.09 24.84 (12.26) (33) (0.03) MOP (LMT) 0.02 3.53 ‐ ‐ 3.53 0
Slide 61: Sale of Industrial Products & Others (Quarter Ended 31.03.2018)
Sale of Industrial Products & Others (Quarter Ended 31.03.2018) Qtr. March 2018 CPLY Increase/ Qty. Qty. Inc. / (Decrease) Inc./ (Dec.) (Dec.) with Particulars Value Value with CPLY CPLY Qty. Qty. with CPLY (` Crore) (` Crore) (` Crore) % Nitric Acid (MT) 18952 37.05 17509 33.40 3.65 8 1443 Ammonium
Slide 62: Finance Cost (Quarter Ended 31.03.2018)
FINANCE COST (Quarter Ended 31.03.2018) ` Crore 2018 was ` 46.72 March-2018 The finance cost for the quarter ended March 46 72 crore and was higher by ` 10.22 crore as compared to ` 36.50 crore during CPLY as per details below: Particulars Qtr. CPLY Increase/ March 2017 (Decrease) Interest on Long T
Slide 63: Details of Expenses (Quarter Ended 31.03.2018)
Details of Expenses (Quarter Ended 31.03.2018) Qtr. CPLY Increase/ Remarks Particulars March 2017 (Decrease ) Production of urea (LMT) 9.62 9.29 0.33 Sale of urea (LMT) 8.97 8.71 0.26 (` Crore) (` Crore) (` Crore) C t off Materials Cost M t i l consumed d 994 60 994.60 838 99 838.99 1 61 155.61 Main
Slide 64: Urea Production (Quarter Ended 31.03.2018)
UREA PRODUCTION (Quarter Ended 31.03.2018) Lakh MT Jan‐March Jan March Variance CPLY Unit 2018 with CPLY Actual Actual Nangal 1 15 1.15 1 19 1.19 (0 04) (0.04) Panipat 1.18 1.44 (0.26) Bathinda 1 50 1.50 1 38 1.38 0 12 0.12 Vijaipur I 2.72 2.56 0.16 Vijaipur II 3 07 3.07 2 72 2.72 0 35 0.35 Total 9.
Slide 65: Financial Performance (Quarter Ended 31.03.2018)
FINANCIAL PERFORMANCE (Quarter Ended 31.03.2018) ¾Company has earned profit before tax of ` 104.24 crore after provision for gratuity and pay revision for ` 85.56 crore (` 25.20 crore during CPLY) during the quarter ended 31st March, 2018 as against profit before tax of ` 122.06 crore during CPLY i.
Slide 66: Summarized Comparison on Like to Like Basis and Otherwise
Summarized Comparison on like to like basis and otherwise `Crore Particulars FY 2017-18 FY 2016-17 G Gross Sales S l 8928 29 8928.29 7643.36 643 36 Total Expenses (with provision for Pay-Revision 8426.61 7088.06 and Gratuity/EL/HPL) EBITDA 501.68 555.30 Impact of pay revision and gratuity 245.70 25.
Slide 67: Project Activities
PROJECT ACTIVITIES 67
Slide 68: Project Activities
Project Activities ¾ Energy saving scheme at Nangal, Bathinda and Panipat units at an estimated cost of ~ ` 700 crore has been taken up and work is in progress. ¾ Energy saving schemes at Vijaipur I & II with capex of ` 220 crore. TEFR is under finalization. ¾ Company C has t ib t d ` 218.69 h contr
Slide 69: Overview of Ramagundam Project
Overview of Ramagundam Project Joint Venture of NFL, Engineers India Limited (EIL) & Fertilizers Corporation of India Limited (FCIL) is undertaking the revival of Ramagundam unit of FCIL ¾ Plant Capacity p y Ammonia Plant : 2200 MTPD (0.726 MMTPA) Urea Plant : 3850 MTPD (1.27 MMTPA) ¾ C t ‐ ` 5254 c
Slide 70: Thank You
NFL THANK YOU
National Fertilizers — FY2017-18 Earnings Presentation on 6ix