Vishnu Chemicals Limited · NSE:VISHNU
Vishnu Chemicals — Q4 FY24 Earnings Presentation
15 slides from Vishnu Chemicals's earnings presentation, May 26, 2024
Slide 1: Investor Presentation filing letter to BSE and NSE
26th May, 2024 VCL/SE/12/2024-25 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 516072 Symbol: VISHNU Through: BSE Listing Centre Through: NEAPS Sub: I
Slide 2: Speciality Performance Chemicals Q4 & FY24 Earnings Presentation
Speciality Performance Chemicals Q4 & FY24 Earnings Presentation
Slide 3: Identity, Results, About Us, Products, ESG, Summing Up
"A Ref le ctio n Of Ch emist r y " suggests a connec tion b etwe en th e products of fe red by the comp any and the sci enc e of chemis tr y. The use of "r efl ection " implies a deep under st anding or 01 02 03 em bodime nt of che mistr y, w hich is a I den t i t y t ribute to those w ho value ex p
Slide 4: 2023-24: Consolidated Highlights
2023-24: Consolidated Highlights In ₹ Cr Q4FY24 Q3FY24 QoQ FY24 FY23 YoY Operating Revenues 300 304 -1% 1213 1391 -13% Gross Profit 171 134 28% 584 638 -9% Gross Margin 57% 44% 48% 46% EBITDA 64 41 55% 202 230 -12% EBITDA Margin 21% 13% 17% 17% Depreciation 9 9 -2% 34 26 27% Finance Cost 9 9 1% 37 3
Slide 5: 2023-24: A year of resilience
2023-24: A year of resilience • Achievements in FY24 Margin expansion was driven by disciplined investments across both value addition and backward integration initiatives. • Record volumes produced and sold. Consolidated Gross Margin Consolidated EBITDA Margin • Acquired 100% equity of Ramadas Mine
Slide 6: 2023-24: Consolidated Balance Sheet
2023-24: Consolidated Balance Sheet Equity and Liabilities (₹ Cr) FY24 FY23 Assets (₹ Cr) FY24 FY23 Share Capital 13 12 Net Fixed Assets & CWIP 649 563 Reserves & Surplus 688 402 Inventory 317 207 Long Term Borrowings 78 145 Trade Receivables 230 181 Short Term Borrowings 160 157 Cash 60 21 Cum. Red
Slide 7: 2023-24: Standalone Highlights
2023-24: Standalone Highlights In ₹ Cr Q4FY24 Q3FY24 QoQ FY24 FY23 YoY Operating Revenues 243 253 -4% 1011 1222 -17% Gross Profit 130 109 19% 467 552 -15% Gross Margin 53% 43% 46% 45% EBITDA 45 33 37% 158 208 -24% EBITDA Margin 19% 16% 16% 17% Depreciation 6 6 -1% 22 20 6% Finance Cost 7 6 11% 25 28
Slide 8: 2023-24: Business Highlights
2023-24: Business Highlights • CHROMIUM CHEMICALS • BARIUM CHEMICALS • Standalone EBITDA rose 37% q-o-q from ₹33.0 cr in Q3FY24 to ₹45.4 • Sale volumes of Barium Carbonate increased 13% q-o-q. cr in Q4FY24. • Geography mix of 50:50 across Domestic:Export markets compared to • Standalone PAT improved
Slide 9: 2023-24: Management Commentary
2023-24: Management Commentary Krishna Murthy Cherukuri Chairman & Managing Director Vishnu Chemicals is pleased to end the financial year 2023-24 on a high note. The macroeconomic headwinds faced by the speciality chemicals industry and our customers proved this year to be a significant test for us
Slide 10: About Us
About Us Pioneers in manufacturing of per formance enhancing speciality chemicals with strong market leadership in Chromium Chemicals and Barium Chemicals. Listed enterprise with principle and ethical management focused on diverse needs and aspirations of our customers across 50+ countries. 9
Slide 11: Our Identity: Manufacturing Legacy of 35 years
Our Identity: Manufacturing Legacy of 35 years 1st 3 rd 5 th India’s Largest 1000+ 50+ 10 Sustainable & Chromium & Diversified Expor t End Use Responsible Barium Chemicals & Destinations Applications Manufacturer Inclusive Workforce 2 nd 4 th Integrity Excellence Collaboration Innovation Accountabil
Slide 12: We Manufacture: Chromium Chemicals
We Manufacture: Chromium Chemicals White Sodium Sulphate Potassium Dichromate Chrome Oxide Green Chromic Acid Paper Basic Chrome Sulphate Detergents Matches Sodium Dichromate Molten Glass Photographic Refractory engraving Automobiles Pigments & Dyes Ignition Agent Leather Tanning Electroplating Cera
Slide 13: We Manufacture: Barium Chemicals
We Manufacture: Barium Chemicals Sodium Sulphide Precipitated Barium Sulphate Barium Carbonate Chrome Oxide Green 12 Pigments & Dyes Water Treatment Powder Coating Ceramics & Tiles Automotive Paints Brine Purification Battery Speciality Glass Plastics Bricks Paper
Slide 14: Commitment to ESG
Commitment to ESG Commitment to Health & Safety CARE FOR THE COMMUNITY Old Age Home Plantation Rural Health Care Diversified
Slide 15: Summing Up
Summing Up Principle driven manufacturing. leadership with focus on “WHERE PERSEVERANCE AND Unique capabilities like flexible product mix and process COMMITMENT COME TOGETHER innovations executed over the years makes us one of the most efficient and resilient producers of chemicals in the areas