Rashtriya Chemicals & Fertilizers Ltd. · NSE:RCF
Rashtriya Chemicals & Fertilizers — Non-Deal Roadshow (January 2023)
32 slides from Rashtriya Chemicals & Fertilizers's roadshow presentation, Jan 16, 2023
Slide 1: Schedule of Non-Deal Roadshows / Investor Meet letter
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Slide 2: Rashtriya Chemicals and Fertilizers Limited Corporate Presentation
Rashtriya Chemicals and Fertilizers Limited Corporate Presentation December, 2022
Slide 3: Disclaimer
Disclaimer THIS PRESENTATION (“PRESENTATION”) IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF RASHTRIYA CHEMICALS AND FERTILIZERS LIMITED (THE “COMPANY”). The material that follows is a Presentation of general background information about the Company’s activities as
Slide 4: Table of Content
Table of Content 1 Industry Overview 2 Company Overview 3 Key Highlights 4 Financial Highlights 3
Slide 5: Industry Overview - Urea
Industry Overview - Urea Urea Consumption is higher than other nutrients mix & remains the preferred choice of nutrient for more than two decades 2001 2021 DAP, 17% DAP, 15% MOP, 5% MOP, 5% Urea, 56% NPKS, 14% Urea, 54% NPKS, 18% Others, 8% Others, 8% Production , Sales & Import of Urea (Lakh MT) Es
Slide 6: Industry Overview - Fertilizers
Industry Overview - Fertilizers Trend & Outlook for Non Urea Fertilizers in India (Million Tonnes) 35.0 33.0 29.7 30.5 28.9 30.0 25.1 26.0 24.6 24.0 24.5 25.0 23.0 20.0 15.0 10.0 5.0 0.0 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22E FY23P FY26P Demand Forecast of Non Urea Fertilizers Products in India (M
Slide 7: Industry Overview - Fertilizers
Industry Overview - Fertilizers Production & Sales of DAP (Lakh MT) Production & Sales of Complex Fertilizers (Lakh MT) 120 140 103 105 118 115 100 95 93 120 90 104 95 96 93 93 80 100 88 91 83 65 80 60 46 54 58 45 42 60 39 38 40 24 40 20 20 0 0 FY 18 FY 19 FY 20 FY21 FY 22 Oct-22 FY 18 FY 19 FY 20 F
Slide 8: Industry Overview - Chemicals
Industry Overview - Chemicals Indian Chemicals Industry Total USD 83 Bn. Agro Bio- chemicals Speciality technology, 2 bn, 2% Chemicals, 15 2.5 bn, 3% bn, 18% Pharma- ceuticals, 20 bn, 24% Base Chemicals, 43.3 bn, 53% 7
Slide 9: Table of Content
Table of Content 1 Industry Overview 2 Company Overview 3 Key Highlights 4 Financial Highlights 8
Slide 10: Company Overview (1/2)
Company Overview (1/2) Business Description Business Description Manufacturing ManufacturingPants Units • Rashtriya Chemicals and Fertilizers Limited (RCF), a ‘Mini-Ratna’, is a leading fertilizers and chemicals manufacturing company with about 75% of its equity held by the Government of India • It
Slide 11: Company Overview (2/2)
Company Overview (2/2) EPS & DPS Payout Business (In INR) Description Share Information Manufacturing Pants 14 12.77 NSE Symbol RCF 12 10.02 BSE Symbol 524230 10 8 6.92 As on 06th December 2022 6 3.77 2.98 3.85 CMP (Rs.) 128.15 4 2.52 2.84 1.43 1.6 2 0.6 0.77 52 Week High (Rs.) 132.10 0 52 Week Low
Slide 12: Product Portfolio
Product Portfolio Product Portfolio Portfolio of Chemicals and Manufacturing Pants Financial Snapshot Fertilizers Urea Complex Fertilisers Industrial Chemicals Trading Speciality Nutrients Imported Fertilizers | Methylamines, AN Melt & Urea, DAP & MOP Other Bio-Fertilizers - “Biola” Argon etc. indig
Slide 13: Business Overview
Business Overview Diversified Product Offerings RCF manufactures and markets various fertilizers and Chemicals which have a high degree of brand recall and patronage. RCF enjoys a significant market in Urea sector and complex fertilizers produced by RCF is quite popular. RCF produces Specialit
Slide 14: Diversified Industrial Products Profile
DIVERSIFIED INDUSTRIAL PRODUCTS PROFILE PRODUCTS INDUSTRIAL APPLICATIONS DRUGS DYES ACRYLIC FIBRE CONC. NITIRIC ACID PHARMACEUTICALS TEXTILE PHARMACEUTICALS ANHYDROUS AMMONIA RUBBER AMMONIUM NITRATE EXPLOSIVES (MELT) FERTILIZERS FORMALDEHYDE METHANOL DRUGS CIVIL AVIATION 13
Slide 15: Diversified Industrial Products Profile
DIVERSIFIED INDUSTRIAL PRODUCTS PROFILE PRODUCTS INDUSTRIAL APPLICATIONS BAKERIES PHARMACEUTICALS AMMONIUM BICARBONATE TANNERIES PESTICIDES AMINES MONO/DI/TRI DRUGS DYESTUFF PHARMACEUTICALS POULTRY RAYON RUBBER DIMETHYL FORMAMIDE POLYMER DYESTUFF & PIGMENTS PHARMACEUTICAL FORMIC ACID LEATHER RUBBER
Slide 16: RCF's Market Share - Industrial Chemicals
RCF’s Market Share- Industrial Chemicals 2020-21 Product RCF Sale Industry sale (MT) Market Share (%) (MT) AMMONIA 2,97,612 77,612 26% AN MELT 10,50,000 1,40,000 13% DILUTE NITRIC ACID 1,80,000 35,000 20% CON.NITRIC ACID 3,83,000 33,000 10% METHYL AMINES 51,300 11,500 22% AMMONIUM BICARBONATE (MRUDU
Slide 17: Revenues
REVENUES REVENUES FROM FERTILIZERS US $ (MM) 1600 1408 1400 1271 1132 1200 1010 972 1000 800 600 400 200 0 FERTILIZER 2017-18 2018-19 2019-20 2020-21 2021-22 REVENUES FROM INDUSTRIAL PRODUCTS US $ (MM) 350 304 300 250 200 137 138 150 122 93 100 50 0 IPD SALES 2017-18 2018-19 2019-20 2020-21 2021-22
Slide 18: Segment Wise Performance
SEGMENT WISE PERFORMANCE Particulars (In INR Mn) FY 2021 FY 2022 FY 2023 Q1 FY 2023 H1 Segment Wise Revenue Fertilizers 64,458 95,647 29,462 71,303 Industrial Chemicals 10,238 22,670 9,609 17,390 Trading 7,996 9,688 10,465 16,573 Segment Results Fertilizers 3,351 3,659 1,037 3,811 Industrial Chemica
Slide 19: Manufacturing Facilities
Manufacturing Facilities Thal Unit Large producer of Urea along with Industrial Chemicals located 100 kms south of Mumbai spread across 997 acres (including township) IMS-ISO 14001, ISO- 9001 & OHSAS- 18001 accredited Manufactures Ammonia, Urea, Methylamines etc. Captive power capacity of 23
Slide 20: Robust Distribution Network
Robust Distribution Network Complex Fertilizer (SUPHALA) Urea (UJJWALA) BIOLA Water Soluble (SUJALA) City Compost MICROLA 0.9 State wise Sales for 2022 0.9 0.9 0.6 0.5 1.8 1.8 0.9 0.0 Maharashtra 1.9 5.6 Karnataka 6.2 Andhra Pradesh 7.0 51.9 Telangana West Bengal 18.9 Haryana Bihar Uttar Pradesh Raj
Slide 21: Policy Impact
Policy Impact POLICY IMPACT ON THE COMPANY • In case of very low Import Parity Price (IPP) of Urea and increase in gas prices, production of Urea beyond RAC is unremunerated. 1 • Urea and P&K fertilizers are still subjected to price and distribution controls. Accordingly, the trade margins are lower
Slide 22: Experienced Management Team
Experienced Management Team Key Management Personnel POLICY IMPACT ON THE COMPANY Shri S. C. Mudgerikar Smt. N. J. Shaikh Shri Milind Madukar Deo Smt Aneeta C Meshram Chairman & Managing Director (Finance) Director(Technical) Govt. Nominee Director Director Independent Directors Smt. Shashi Bala Bha
Slide 23: Awards & Accolades
Awards & Accolades Award for Excellence in Safety; Production, Promotion And Marketing Of Biofertilizer, Organic Fertilizer, City Compost Winner; Best Production Performance Award For Complex Fertilizer Plant Special Award-all received in 2021 Award for Award for Promotion & Marketing of Micronutrie
Slide 24: Table of Content
Table of Content 1 Industry Overview 2 Company Overview 3 Key Highlights 4 Financial Highlights 23
Slide 25: Key Highlights
Key Highlights Expansion Initiatives Business Strategy Capacity of 1.27 LMT being • Coal Gasification Based targeted through Coal Ammonia /Urea Plants on a JV gasification based Ammonia basis with GAIL, Coal India & /Urea project through its Joint Fertilizer Corporation at an venture at Talcher es
Slide 26: Key Highlights
Key Highlights Business Strategy Focus on Improving Efficiency NPK project at Thal : Setting of Brown Field NPK plant with about 4 lakhs MT of NPK. Estimated Project cost AN-Melt- Setting up of new INR 9,145.8 Mn. Payback plant with capacity of 425 period about 6 years. MTPD at an estimated Nano Ure
Slide 27: Key Highlights
Key Highlights Business Strategy Marketing Initiatives RCF is also using community radio services of Krishi Vigyan Kendra (KVK) Experienced Senior for telecasting Management Team with To broaden the reach farmers education Strong GoI Parentage to Farmers, RCF is programs. Farmer reach through settin
Slide 28: Table of Content
Table of Content 1 Company Snapshot 2 Industry Overview 3 Key Highlights 4 Financial Highlights 27
Slide 29: Performance Highlights FY 2023 (6M)
Performance Highlights FY 2023 (6M) RCFL achieved fertilizer sales volume of 15.96 lakh MT during 6M FY 2023 as compared to 14.66 lakh MT during EBITDA the corresponding period of previous year Total sale of manufactured fertilizers during 6M FY 2023 was 13.40 lakh MT Vs. 13.12 lakh MT during th
Slide 30: Financial Performance Highlights
Financial Performance Highlights Revenue (in INR Mn) Profit & Loss Statement & Balance SheetEBITDA (in INR Mn) 1,40,000 1,28,122 EBITDA (INR Mn) EBITDA Margin 1,20,000 8.79% 1,05,325 12,000 10.60% 12.00% 96,980 1,00,000 88,855 10,000 9.08% 8.74% 10.00% 82,812 80,000 72,820 7.34% 8,000 8.00% 5.89% 11
Slide 31: Financial Performance Highlights
Financial Performance Highlights Particulars (In INR Mn) FY 2018 Profit &FYLoss 2019Statement & BalanceFYSheet FY 2020 2021 FY 2022 FY 2022 H1 FY 2023 H1 Net sales 72,820 88,855 96,980 82,812 1,28,122 50,031 1,05,325 Operating expenses 70,152 84,418 91,095 75,297 1,18,229 46,097 96,942 EBITDA 3,280
Slide 32: Thank You
Financial Highlights Financial Ratios THANK YOU
Rashtriya Chemicals and Fertilizers — Non-Deal Roadshow (January 2023) on 6ix