Yasho Industries Ltd. · NSE:YASHO
Yasho Industries — Q2 FY24 Earnings Presentation
23 slides from Yasho Industries's earnings presentation, Oct 31, 2023
Slide 1: Cover letter to stock exchanges
Date: October 31, 2023 To, To, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Mumbai, Bandra-Kurla Complex, Bandra (East), Maharashtra – 400 001. Mumbai – 400 051. Scrip Code: 541167 Symbol: YASHO Sub: Investor Pr
Slide 2: Investor Presentation Q2FY24 | October 2023
INVESTOR PRESENTATION Q2FY24 | October 2023
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Yasho Industries 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 secu
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Business Overview
Business Overview Leading specialty and performance chemicals manufacturer Yasho Industries is a pioneer in specialty and fine chemicals manufacturing, incorporated in 1985 by Mr. Vinod Jhaveri. Equipped with a dedicated research and development centre and state-of the-art manufacturing facilities,
Slide 6: History Timeline
History Timeline 1985 1993 1996 2000 2001 Incorporated as Commenced exclusive Name changed to Started ISO 9001:2008 Vasu Preservatives operations for Aromatic Yasho Industries manufacturing certified for Private Limited and Specialty Chemicals Pvt. Ltd various rubber highquality under Companies and
Slide 7: Board of Directors
Board of Directors MR. VINOD JHAVERI MR. PARAG JHAVERI MR. YAYESH JHAVERI Chairman & Executive Director Managing Director & CEO Whole Time Director MR. ANURAG SURANA MR. U R BHAT DR. PRAKASH BHATE MRS. SUDHA NAVANDAR Non-Executive Independent Director Non-Executive Independent Director Non-Executive
Slide 8: Diversified portfolio of over 148 products
Diversified portfolio of over 148 products Consumer Division Industrial Division Applications Applications o Flavours and fragrances; personal care products - cosmetics & toiletries o Tyres, Automobile components, Conveyor belts, surgical gloves, latex o Agro chemicals as pheromones; Pharmaceutical
Slide 9: Product Pipeline & Revenue Potential
Product Pipeline & Revenue Potential Industrial Current Revenue Customer Additives Revenue Potential* Lubricant Manufacturers Product A/B N/A 3000 Cr Product C India + EU/USA N/A 2000 Cr Product D Global MNC Players 35 Cr 500 Cr 8
Slide 10: Manufacturing Capabilities
Manufacturing Capabilities Capacity Capacity Additions Prowess Manufacturing 1500 MTPA added with Located close to Nhava 5,850 MTPA process change and Sheva Sea Port Efficient Unit - I Logistics plant correction Manufacturing 900 MTPA capacity Multi-purpose plant to 5,450 MTPA Unit - II added throug
Slide 11: Update on Capex – Trial run to start in Q3FY24
Update on Capex – Trial run to start in Q3FY24 Capacity Expansion 50% of land is still available in Pakhajan Greenfield Project at Pakhajan, Gujarat for expansion Estimated Cost ~ Rs 400 Crores for Phase 1 Target Products Industrial Chemicals, EBITDA Margin > 20% 17,500 Timeline ~Q4FY24 to commence
Slide 12: Green Field Project at Pakhajan, Gujarat
Green Field Project at Pakhajan, Gujarat 11
Slide 13: Research & Development
Research & Development Certifications & Accreditation Research & Development Quality Control ISO Certification FSSC 22000 Certification As the cornerstone of our business, R&D is Research & Development & Quality Control is led by our promoters with active contribution our core strength. YIL continue
Slide 14: Q2 & H1 FY24 Results Highlights
Q2 & H1 FY24 Results Highlights
Slide 15: Results Highlights (Q2 FY24)
Results Highlights (Q2 FY24) (INR. in lakhs) Total Income Operating EBITDA & Margin PAT & PAT Margin 19.1% 11.4% 19,515 3,737 16% 2,235 14,349 8.1% 2,304 1,166 Q2FY23 Q2FY24 Q2FY23 Q2FY24 Q2FY23 Q2FY24 Category-wise Revenue Breakup Geography-wise Revenue Breakup Industrial Chemicals Consumer Chemica
Slide 16: Results Highlights (H1 FY24)
Results Highlights (H1 FY24) (INR. in lakhs) Total Income Operating EBITDA & Margin PAT & PAT Margin 37,649 18.9% 11% 29,516 7,116 16.8% 4,172 8.9% 4,986 2,645 - H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 Category-wise Revenue Breakup Geography-wise Revenue Breakup Industrial Chemicals Consumer Chemi
Slide 17: Consolidated Income Statement – Q2 & H1 FY24
Consolidated Income Statement – Q2 & H1 FY24 (INR. in Lac) Particulars (INR in Lac) Q2 FY24 Q2 FY23 Y-o-Y Q1FY24 Q-o-Q H1FY24 H1FY23 Y-o-Y Revenue from Operations 14,109 19,347 -27% 15,031 -6% 29,140 37,071 -21% Other Income 240 169 136 376 578 Total Revenue 14,349 19,515 15,167 29,516 37,649 Cost o
Slide 18: Consolidated Balance Sheet
Consolidated Balance Sheet (INR. in Lac) Assets Sept'23 Mar’23 Equity & Liabilities Sept'23 Mar’23 Property, plant and equipment 16,554 16,008 Equity Share Capital 1,140 1,140 Other Equity 25,219 22,656 Capital Work‐in‐Progress 30,461 12,335 Total Equity 26,358 23,796 Right of Use Asset 850 696 Fina
Slide 19: Cashflow
Cashflow (INR. in Lac) Cash Flow Statement Sep-23 Mar-23 Cash Flow from Operating Activities Profit before Tax 3,515 9,037 Adjustment for Non-Operating Items 1,500 3,476 Operating Profit before Working Capital Changes 4,934 12,514 Changes in Working Capital 6,396 -6,728 Cash Generated from Operation
Slide 20: Financial Performance
Financial Performance (Rs. In lac) Total Revenue Gross Profit 68,259 27,726 62,299 23,882 36,952 13,586 30,028 11,179 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 EBITDA & EBITDA Margin PBT & PBT Margin PAT & PAT Margin 14.4% 16.4% 16.9% 18.8% 5.7% 8.5% 11.6% 13.5% 4.0% 5.9% 8.5% 9.9% 9,060 6,787 12,602
Slide 21: Financial Performance
Financial Performance ROE (%) ROCE (%) Net Debt / Equity (x) 30.4 28.5 35.8 2.5 27.2 20.9 26.9 1.8 20.5 1.4 15.4 1.0 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Fixed Asset Turnover (x) Working Capital Days Cash Flow from Operations (Rs. in lakhs) 4.4 4.3 141 5,785 122 122 3.1 3.0 91
Slide 22: Shareholders Information
Shareholders Information Stock Information (as on 31st October 2023) (As on 30th Sept 2023) Market Capitalization (₹) 1,929 Cr Shareholding Pattern (%) Shares Outstanding 11.4 mn Free Float 540 Cr Symbol BSE / NSE 524709 / YASHO 28.46% Stock Performance Chart (as on 31st October 2023) 71.54% Promote
Slide 23: Yasho Industries contact details
Mr. Deepak Kaku Chief Financial Officer deepak@yashoindustries.com www.yashoindustries.com CIN – L74110MH1985PLC037900 Investor Relations: Mr. Bhavya Shah bhavya.shah@linkintime.co.in +91 80827 48577 Mr. Nachiket Kale nachiket.kale@linkintime.co.in 541167 +91 99209 40808 YASHO www.orientcap.com YASH