Dharmaj Crop Guard Ltd. · NSE:DHARMAJ
Dharmaj Crop Guard — Q2 FY2024 Earnings Presentation
14 slides from Dharmaj Crop Guard's earnings presentation, November 2023
Slide 1: Limitless Growth
Limitless Growth Dharmaj Crop Guard Limited Q2 & H1FY24 Earnings Presentation | November 2023
Slide 2: Performance Highlights (Q2)
Performance Highlights (Q2) 2 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 FINANCIAL HIGHLIGHTS Revenue from Operations EBITDA & EBITDA Margin PAT & PAT Margin (₹ Mn) (₹ Mn & %) (₹ Mn & %) 14% YOY 35% YOY 42% YOY 2,527 12% 12% 9% 9% 10% 250 7% 13% 350 2,217 9% 12% 300 8% 200 12% 30
Slide 3: Performance Highlights (H1)
Performance Highlights (H1) 3 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 FINANCIAL HIGHLIGHTS Revenue from Operations EBITDA & EBITDA Margin PAT & PAT Margin (₹ Mn) (₹ Mn & %) (₹ Mn & %) 16% YOY 30% YOY 42% YOY 4,146 375 497 12% 600 10% 400 9% 264 12% 350 381 9% 500 12% 8% 12% 30
Slide 4: Profit & Loss Summary (Q2 & H1)
Profit & Loss Summary (Q2 & H1) 4 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 (₹ Mn) YoY YoY Particulars Q2FY23 Q1FY24 Q2FY24 H1FY23 H1FY24 Change Change Revenue from Operations 2,217 1,619 2,527 14% 3,588 4,146 16% Gross Profit 375 356 500 33% 649 856 32% Gross Profit Margin (%)
Slide 5: Balance Sheet Summary (H1)
Balance Sheet Summary (H1) 5 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 (₹ Mn) Particulars H1FY23 FY23 H1FY24 TOTAL EQUITY 1,110 3,214 3,590 Non-Current Liabilities 551 378 513 Borrowings 513 335 496 Current Liabilities 1,785 792 2,099 Borrowings 143 189 223 Trade Payables 1,591
Slide 6: Management Commentary
Management Commentary 6 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 I am pleased to share insights into our Company’s Our efforts to improve operational efficiency have yielded performance for Q2FY24. Amidst a dynamic operating positive results, with EBITDA margins showing YOY env
Slide 7: Strengthened Product Portfolio & Team
Strengthened Product Portfolio & Team 7 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 Recently launched products (B2C portfolio) 300+ Dealers & Distributors added during H1FY24, taking the total to 4,800+ ~10 Team Strength addition in Sales & Marketing during Q2FY24, taking the tota
Slide 8: Latest Demand Generation Activity
Latest Demand Generation Activity 8 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 Dealer meets, field days, product demonstrations, in both, new & existing markets
Slide 9: Active Ingredients – Project Overview
Active Ingredients – Project Overview 9 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 November 2023 Commissioning of Apr-19 intermediates & Foraying into Technicals 3 separate production Acquired land technical block & Intermediates blocks: parcel on 99 year manufacturing through 2
Slide 10: Active Ingredients – Project Overview
Active Ingredients – Project Overview 10 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 Manufacturing Capacity Project Financing • Potential ~3X Fixed Asset • 2,500 TPA dedicated • Partial IPO Proceeds: ₹105 Cr Turns at Optimum Capacity MPBD capacity • Term Loans Sanctioned: Up to Ut
Slide 11: Active Ingredients – Project Status
Active Ingredients – Project Status 11 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 Status as of early October 2023. Commissioning Planned at end of November 2023. Utility, Common Tank MEE & ETP Area Plant – 1 Building Reactor Installation Farm & IB Yard Completed Reactor Installat
Slide 12: Active Ingredients – Plant Capabilities
Active Ingredients – Plant Capabilities 12 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 Chemistry Capabilities Reaction Capabilities • Chlorination • Batch Reaction • Alkylation • Chain Reaction • Friedel Crafts • Continuous Process Reaction • Hydrogenation Chemistry Reaction • Hig
Slide 13: Shareholding & Market Statistics
Shareholding & Market Statistics 13 Dharmaj Crop Guard Limited | Investor Presentation Q2 & H1FY24 NSE Symbol DHARMAJ Public BSE Scrip Code 543687 25.23% IPO Issue Price Band ₹216 to ₹237 Current Market Price ₹251 FII Promoters 52 Week High/Low ₹279 / ₹137 4.36% 70.40% Shares Outstanding 3.38 Cr Mar
Slide 14: For more details read FY23 Investor Presentation
For more details read FY23 Investor Presentation DHARMAJ CROP GUARD LIMITED Vinay Joshi Chief Financial Officer cfo@dharmajcrop.com 079 2960 3735 W: www.dharmajcrop.com Safe Harbour This document which have been prepared by Dharmaj Crop Guard Limited (the “Company”), have been prepared solely for in