Sigachi Industries Limited · NSE:SIGACHI
Sigachi Industries — Q2 FY2023 Earnings Presentation
17 slides from Sigachi Industries's earnings presentation, Oct 27, 2022
Slide 1: Cover letter to stock exchanges on Q2 FY23 earnings presentation
SIGACHI INDUSTRIES LIMITED CIN: U24110TG1989PLC009497 AN EXCiPACT GMP, ISO 9001:2015 &FSSC 22000 CERTIFIED COMPANY s To, Date: 27.10.2022 The Manager The Manager, BSE Limited NSE Limited, P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex, Mumbai-400001 Bandra (E), Mumbai- 400051. (BSE
Slide 2: Earnings Presentation Q2/H1-FY23
Sigachi Industries Limited Earnings Presentation Q2/H1-FY23
Slide 3: Company Snapshot
Company Snapshot 3 state-of-the-art Supported by manufacturing Experienced facilities situated in Management Team R&D Facility in Hyderabad and Dahej is Gujarat Legacy of more approved by than 3 decades in DSIR and also manufacturing of have other 2 in- cellulose-based house excipient Long standing
Slide 4: Company Overview
Company Overview • Sigachi Industries Limited (Sigachi), incorporated in the year 1989, is one of the Revenue (INR Mn) & EBITDA Margins (%) leading manufacturers of Micro Crystalline Cellulose (MCC) in the world. 2,503 • Sigachi manufactures high-quality cellulose-based excipients, which predominant
Slide 5: Key Strengths
Key Strengths Presence across diverse industry verticals One of the leading manufacturers of MCC with long standing relationship with in India with over 30 years’ experience: customers : • Made advancements in development of • Customization of products based on MCC and positioned as one of the key c
Slide 6: Strategy going forward
Strategy going forward Diversifying Product Mix: Enhancing global footprint: Expanding manufacturing capacites: Manufacturing higher grades of products Increasing market share by At Dahej and Jhagadia to focus on the as well as enhancing product basket by exploring untapped markets growing demand of
Slide 7: Financial Overview
Financial Overview 6
Slide 8: Q2/H1-FY23 Consolidated Highlights
Q2/H1-FY23 Consolidated Highlights Q2-FY23 Financial Highlights H1-FY23 Financial Highlights INR 825 Mn INR 163 Mn 19.76% INR 1,608 Mn INR 326 Mn 20.27% Operating Income Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating EBITDA Margins Margins +44% YoY +21% YoY -384 Bps Yo
Slide 9: Q2/H1-FY23 Operational Highlights
Q2/H1-FY23 Operational Highlights • Revenue growth driven by increased demand for MCC across all industries, with volume growth of ~8.5% and realisation growth of ~25% in Q2-FY23 on a YOY basis. • Decline in EBITDA margins in Q2-FY23 on a YOY and QOQ basis was due to higher raw material costs and in
Slide 10: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q2-FY23 Q2-FY22 Y-o-Y Q1-FY23 Q-o-Q Operational Revenue 825 572 44.2% 783 5.4% Total Expenses 662 437 51.5% 620 6.8% EBITDA 163 135 20.7% 163 NA EBITDA Margin (%) 19.76% 23.60% (384) Bps 20.82% (106) Bps Depreciation and amortisation
Slide 11: Half Yearly Consolidated Financial Performance
Half Yearly Consolidated Financial Performance Particulars (INR Mn) H1-FY23 H1-FY22 Y-o-Y Operational Revenue 1,608 1,121 43.4% Total Expenses 1,282 864 48.3% EBITDA 326 257 26.8% EBITDA Margin (%) 20.27% 22.93% (266) Bps Depreciation and amortisation 29 14 NA Finance costs 17 4 NA Other Income 38 4
Slide 12: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY20 FY21 FY22 H1-FY23 Operational Revenue 1,391 1,928 2,503 1,608 Total Expenses 1,143 1,540 1,972 1,282 EBITDA 248 388 531 326 EBITDA Margin (%) 17.83% 20.12% 21.21% 20.27% Depreciation and amortisation 20 23 29 29 Finance costs 23
Slide 13: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY20 FY21 FY22 H1-FY23 Particulars (INR Mn) FY20 FY21 FY22 H1-FY23 EQUITY 646 942 2,277 2,504 NON-CURRENT ASSETS 371 463 1,069 1,882 Equity Share Capital 77 77 307 307 a) Property, plant and equipment 312 376 527 794 Other Equity 569 865 1,9
Slide 14: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue (INR Mn) EBIDTA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 531 400 2,503 1,928 388 303 1608 326 264 1,391 203 248 20.27% 16.42% 20.12% 21.21% 17.83% 14.59% 15.72% 15.98% FY20 FY21 FY22 H1-FY23 FY20 FY21 FY22 H1-FY23 FY20 FY21 FY
Slide 15: Capital Market Information
Capital Market Information 15% Share Price Movement Upto 30th Sept 5% -5% -15% -25% -35% -45% -55% -65% Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 SENSEX SIGACHI Shareholding Pattern as on 30th Sept, 2022 th Market Data (INR) as on 30 Sept, 2022 Face Value 10.0 CMP
Slide 16: Disclaimer
Disclaimer Sigachi Industries Limited Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are
Slide 17: Thank You
Thank You 16