Slide 1: Earnings Presentation Q3 FY2023
www.paradeepphosphates.com Earnings Presentation Q3 FY2023 Nourishing the Future - Feeding the Nation
Slide 2: Business Overview
Business Overview Paradeep Phosphates is India’s second largest integrated phosphatic private sector company ▪ Paradeep Phosphates Limited (PPL) is India’s second largest private sector phosphatic company with a capacity of 3.0 MMTPA (finished fertilizers NPK, DAP and Urea) 3.0 MMTPA 16 States Insta
Slide 3: PPL Investment Case
PPL Investment Case Backward integration and capacity expansion resulting in competitive EBITDA / MT in an industry with attractive dynamics Well-positioned to capture favorable Indian fertilizer market with enabling and conducive government regulations • PPL will be able to capture a major share of
Slide 4: Q3 FY23 Performance Highlights
Q3 FY23 Performance Highlights (in Million) Total Income EBITDA PBT Net Profit Rs. 44,040 Rs. 3,773 Rs. 2,424 Rs. 1,803 62% Y-o-Y 76% Y-o-Y 43% Y-o-Y 41% Y-o-Y EBITDA / MT Quarterly Developments • EBITDA for the quarter is Rs. 3,773.1 million, up by 76 % as compared to Rs 2,147.2 million of the Rs.
Slide 5: Q3 FY23 Business Highlights
Q3 FY23 Business Highlights Goa Plant is fully stabilized, Paradeep Plant is running at 5,000 MT of daily average production from December 2022 Growing Demand Attractive Opportunities Paradeep Plant Goa Plant • Successfully completed the granulation • Goa operations is now fully stabilized process f
Slide 6: Q3 FY23 PPL Operational Highlights
Q3 FY23 PPL Operational Highlights (Production Volume) Total Fertilizers DAP N-20 Other NPKs 6,21,815 MT 231,314 MT 127,649MT 138,581 MT 66% Y-o-Y (10)% Y-o-Y 33% Y-o-Y 553% Y-o-Y Sulphuric Acid Phosphoric Acid 342,440MT 85,645MT (3.6%) Y-o-Y (2.3%) Y-o-Y Industrial Products Fertiliser Products and
Slide 7: Q3 FY23: Brownfield Backward Integration
Q3 FY23 : Brownfield Backward Integration Brownfield backward-integration projects to enhance earnings potential at the Paradeep Plant Phosphoric Acid Sulphuric Acid Ramping up the captive production capacity Ramping up the captive production capacity from from 1.4 MMTPA to 2 MMTPA over the next two
Slide 8: Quarter Performance Trends
Quarter Performance Trends (in Rupees Million) Q3 YoY EBIDTA has increased by 76 % while Revenue from Operations has increased by 62% Revenue from Operations EBITDA and Margins 62.3% 75.7% 43,984 3,773 Y-O-Y Y-O-Y 27,093 28,637 2,148 1,875 7.9% 8.6% 6.5% PAT* EPS (IN RS.) CAGR 52% Q3 FY22 Q2 FY23 Q3
Slide 9: Annual Performance Trends
Annual Performance Trends Consistent improvement in financial performance with 9M FY2023 EBITDA and Revenue exceeding the FY2022 performance (in Rupees Million) Revenue from Operations EBITDA and Margins 96,968 9.3% 19.9% 7,104 7,318 CAGR CAGR 78,587 5,924 5,615 59,600 4,984 4,808 4,947 51,647 43,57
Slide 10: Management Perspective
Management Perspective Commenting on the performance, Suresh Krishnan, Managing Director, said: “During the third quarter, we have been able to operate both the plants steadily with the help of our strong supply-side linkages notwithstanding a volatile global macro-environment. Post acquisition of t
Slide 11: Awards & Recognitions: Q3 FY23
Awards & Recognitions: Q3 FY23 Received Kalinga Safety Received 13th “Exceed Received best Achieved 4.25 star rating as Excellence Award-2022 in Award” 2022 on OSH in production recognition by CII Eastern Platinum Category during Platinum category, Goa performance award region during the Encon the “
Slide 12: Farmer Engagement: 9M FY23
Farmer Engagement: 9M FY23 5,530 2,991 9M FY 23 9M FY 23 Farmer Meetings Product Demonstrations 678 2,436 9M FY 23 9M FY 23 Crop Seminars Campaign Days 1,240 173 9M FY 23 9M FY 23 Wall and Shop Paintings Retailer Meets 127 70 23rd December’22 29th December’22 Jai Kisaan Diwas PMKSK Meets 8,833 farme
Slide 13: Macro Economic Trends: Published CFR Prices in USD
Macro Economic Trends 1,850 1,650 Published CFR Prices in USD 1,450 1,250 1,050 850 650 450 250 50 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Phos Acid DAP Ammonia MOP Sulphur Phos Rock o Covid followed by the Russia-Ukraine War have led to increased pric
Slide 14: Manufacturing Locations
Manufacturing Locations Location Paradeep, Odisha Zuarinagar, Goa Area (Acres) 2,282 260 Target Market East, Central and South West, Central and South DAP, NPK-20, N-12, N-10, NPK-10, N-12, N-14, N-19, Feriliser Products N-14 N-28, DAP, Urea Installed Fertiliser NPK / DAP: 0.8 Capacity NPK / DAP: 1.
Slide 15: Core PPL Product Portfolio
Core PPL Product Portfolio Well diversified product portfolio with focus on NPKs to improve farm yield and farmers’ income • PPL manufactures a versatile mix of products. Our core product portfolio includes DAP, NPK-20, NPK-12, NPK-10. Besides these, we also manufacture NPKs like NPK 14, NPK 19, NPK
Slide 16: Sales and Distribution Network
Sales and Distribution Network PPL Total States Currently Present 16 Regional Marketing Offices 21 Stock Points 510 No. of Dealers 5,322 No. of Retailers 72,925 Farmers Covered ~ 8 Mn • Structured distribution network facilitates efficient sale of products and promotes brand visibility • Undertakes
Slide 17: Competitive Positioning
Competitive Positioning Manufacturing Comprehensive Product Backward integration of Capabilities Portfolio rock phosphate Paradeep capacity 1.8 MTPA: Consumer product portfolio: Raw material: NPK / DAP – 1.8 MTPA Five grades of NPK Stable source of raw materials, especially Goa capacity 1.2 MTPA: DA
Slide 18: PPL Growth Strategy
PPL Growth Strategy • Expand into allied areas such as crop protection and specialty plant nutrition • To achieve best capacity utilization for 3 MMTPA capacity (1.8 MMTPA at Paradeep Capacity Utilization and Product Plant and 1.2 MMTPA for Goa Plant) Diversification • To have the product mix aligne
Slide 19: Consolidated Financial Performance Summary
Consolidated Financial Performance Summary (in Rupees Million) Q3 Y-o-Y Q2 Q-o-Q 9M Y-o-Y (Rs. Million) FY2023 FY2022 Growth(%) FY2023 Growth(%) FY2023 FY2022 Growth(%) Revenue from Operations 43,984 27,093 62% 28,637 54% 96,968 59,600 63% Other Income 55 63 (13)% 61 (9)% 214 137 56% Total Income 44
Slide 20: Organisational Structure
Organisational Structure Promoters Group % PPL Shareholdings – Dec 31, 2022 ZACL* 50-50 Joint Venture Insurance ZMPPL** Companies 4% Foreign Portfolio OCP Group Investors 56.1 % 5% Paradeep Phosphates Mutual Funds 17% Promoter Zuari Agro Chemicals (ZACL) has been a leading fertilizer player in group
Slide 21: Capital Market Information
Capital Market Information Share Price Information, as on 30th Dec 2022 80 CAGR Return: PPL +34% S&P BSE Sensex +11% Key Facts 30th Dec 2022 70 BSE Ticker 543530 Rebasd to Paradeep Phosphates Share Price CMP (Rs.) 59 60 Shares O/S (Cr) 81 50 Market Cap (Rs. Cr) 4,797 52 Week H/L (Rs.) 69 / 38 40 30
Slide 22: Disclaimer and Contact Information
Disclaimer and Contact Information Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to “Paradeep Phosphates” future business deve
Slide 23: Thank You
Thank You Registered Office Paradeep Phosphates Limited 5th Floor, Bayan Bhavan Pandit Jawaharlal Nehru Marg Bhubaneswar - 751 001, Odisha, India Contact: +91 22 6169 5988 CorpAffairsBBSR@adventz.com