NOCIL Limited · NSE:NOCIL
NOCIL — Investor Presentation (October 2017)
27 slides from NOCIL's investor presentation, October 2017
Slide 1: Investor Presentation October 2017
Investor Presentation October 2017
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by NOCIL 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 securities, and
Slide 3: Financial Highlights
Financial Highlights
Slide 4: Financial Highlights – H1 FY18
Financial Highlights – H1 FY18 Revenue from Operations* Operating EBITDA +18.3% +37.0% 443 109 374 79 H1FY17 H1FY18 H1FY17 H1FY18 PBT# PAT#** +43.0% +42.6% 108 73 76 51 H1FY17 H1FY18 H1FY17 H1FY18 Rs. In Crores * Revenue from operations is net of GST/Excise duty Financials are as per Ind AS 4
Slide 5: Margin Profile – H1 FY18
Margin Profile – H1 FY18 Value Addition* Operating EBITDA Margin +159bps +335bps 52.4% 53.9% 24.6% 21.2% H1FY17 H1FY18 H1FY17 H1FY18 PBT Margin PAT Margin +422bps +280bps 24.4% 16.4% 20.2% 13.6% H1FY17 H1FY18 H1FY17 H1FY18 * Revenue (-) cost of raw materials consumed (-) cost of traded goods (-) cha
Slide 6: Financial Highlights – Q2 FY18
Financial Highlights – Q2 FY18 Revenue from Operations* Operating EBITDA +25.5% +28.0% 228 54 181 42 Q2FY17 Q2FY18 Q2FY17 Q2FY18 PBT PAT +37.1% +39.5% 55 38 40 27 Q2FY17 Q2FY18 Q2FY17 Q2FY18 Rs. In Crores * Revenue from operations is net of GST/Excise duty Financials are as per Ind AS 6
Slide 7: Margin Profile – Q2 FY18
Margin Profile – Q2 FY18 Value Addition* Operating EBITDA Margin -314bps +46bps 55.6% 52.4% 23.3% 23.7% Q2FY17 Q2FY18 Q2FY17 Q2FY18 PBT Margin PAT Margin +203bps +168bps 24.0% 16.7% 22.0% 15.1% Q2FY17 Q2FY18 Q2FY17 Q2FY18 * Revenue (-) cost of raw materials consumed (-) cost of traded goods (-) chan
Slide 8: Company Overview
Wh ARVIND MAFATLAL GRouP NOcIL LIMITED Company Overview
Slide 9: NOCIL in a Snapshot
NOCIL in a Snapshot Part of Arvind Mafatlal Group Largest Rubber Chemicals Manufacturer in India Expertise in Rubber Chemical Business over 4 decades State of the Art, Innovative, Sustainable & Competitive Technologies Wide range of Rubber Chemicals to suit customer needs Long Term Business Relation
Slide 10: Management Team
Management Team Mr. Hrishikesh . A. Mafatlal – Promoter & Chairman Mr. S. R. Deo – Managing Director • Executive Chairman and Promoter Director of NOCIL Ltd • M. Tech. in Chemical Engineering from IIT Kanpur • Associated with the company for nearly 38 years in various • B.Com. (Hons.) & has attended
Slide 11: Manufacturing facilities
Manufacturing facilities Navi Mumbai Plant Dahej Plant Set up in 1976 Commercialized operation in March 2013 Located in Trans-Thane Creek industrial area at Navi Located about 45 kms from Bharuch, Gujarat Mumbai, Thane - Belapur’s industrial zone designated for the chemical Industry, about 40 kms aw
Slide 12: Products & their Usage
Products & their Usage ACCELERATORS Increase the speed of vulcanization to improve productivity ANTI-DEGRADANTS An anti-degradant is an ingredient in rubber compounds which deters the ageing of rubber products thereby enhancing service life ANTI-OXIDANTS Chemical compound that inhibits degradation d
Slide 13: Our Value Proposition
Our Value Proposition Products & Product Forms R & D and Quality Assurance ▪ Experienced, capable & innovative ▪ Wide Range of Rubber Chemical Products team ▪ Varied Product Forms of R & D scientists. ▪ Ultra Modern Laboratories & Pilot 1 Plant Facilities ▪ Latest Analytical Instruments 3 2 Sales, M
Slide 14: R&D and Total Quality Management
R&D and Total Quality Management Research & Technology Quality Assurance Certifications Development ▪ NOCIL’s Research Centre is ▪ Quality Management ▪ ISO 9001:2008 recognized by Ministry of Science System with a focus on and Technology, Government of Quality of Raw materials, ▪ ISO 14001:2004 Indi
Slide 15: Industry Potential
Industry Potential Our Positioning
Slide 16: Positive Outlook: Global Rubber Consumption
Positive Outlook Global Rubber Consumption (Natural + Synthetic) Million MT +2% 28 26 27 25 25 26 24 2010 2011 2012 2013 2014 2015 2016 Rubber Chemicals constitute ~3% - ~4% of the Rubber Consumption Source : Rubber Statistical Bulletin, April - June 2017 edition 16
Slide 17: Growth Drivers
Growth Drivers 01 High performance tyres & extended life, Automotive & Industrial products will increase rubber processing chemical loadings Increased environmental compliance in China 02 Rising Income levels & increase in Motor vehicle ownership rates, 03 especially in developing nations would need
Slide 18: FUTURE Ready
Wh ARVIND MAFATLAL GRouP NOCIL LIMITE D FUTURE Ready
Slide 19: Dahej Plant – A Game Changer
Dahej Plant – A Game Changer ✓ Strong R&D Capabilities ✓ It is a zero wastage plant, resulting in significant cost reduction • Process R&D : Significant reduction in cost ✓ Strong position in High-value added products of production ✓ Operating Leverage playing out • Product R&D : Strong pipeline of
Slide 20: CAPEX
CAPEX ✓ To capitalize on growth opportunities, our Company has recently planned Capex of Rs. 170 crores ✓ The Capex will be commissioned in 2 Phases ▪ Phase I – Expansion at Navi Mumbai is expected to complete by April-May 2018 ▪ Phase II – Expansion at Dahej is expected to complete by September 201
Slide 21: Key Strengths
Key Strengths Dependable & Quality Wide Experienced Player in Product Management Rubber Range Team Chemicals Industry New Committed capacity plans for addition in Strong future Rubber Customer growth Chemicals Relationships with good Technical Support 21
Slide 22: Financials
Wh ARVIND MaFATLAL GRour NOCIL LIMITED Financials
Slide 23: Statement of Profit & Loss - Quarterly
Statement of Profit & Loss - Quarterly Particulars (Rs. In Crores) Q2 FY18 Q2 FY17 Y-o-Y Revenue from Operations* 227.6 181.3 26% Cost of Material Consumed 104.7 89.8 Purchase of Stock-in-trade 0.7 1.0 Changes in Inventories 2.9 -10.2 Value Addition** 119.3 100.8 Value Addition (%) 52.4% 55.6% Emplo
Slide 24: Statement of Profit & Loss – Half Yearly
Statement of Profit & Loss – Half Yearly Particulars (Rs. In Crores) H1 FY18 H1 FY17 Y-o-Y Revenue from Operations* 442.5 374.1 18% Cost of Material Consumed 215.0 170.1 Purchase of Stock-in-trade 1.6 1.9 Changes in Inventories -12.7 6.3 Value Addition** 238.7 195.9 Value Addition (%) 53.9% 52.4% Em
Slide 25: Balance Sheet
Balance Sheet Particulars (Rs. In Crores) 30-Sep-17 Particulars (Rs. In Crores) 30-Sep-17 ASSETS EQUITY AND LIABILITIES Non-current assets 390.2 EQUITY 760.6 Property, Plant and Equipment 280.8 Equity Share Capital 164.4 Capital work-in-progress 10.3 Other Equity 596.2 Investment Property 0.5 Other
Slide 26: Consistent Dividend Record
Consistent Dividend Record 35.5 23.2 19.4 11.3 11.3 11.2 11.2 11.3 11.3 2009 2010 2011 2012 2013 2014 2015 2016 2017 Dividend(Rs. Crs) *Dividend includes Dividend Tax paid 26
Slide 27: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : NOCIL Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L99999MH1961PLC012003 CIN: U74140MH2010PTC204285 Mr. P. Srinivasan - CFO Ms. Payal Dave / Ms. Neha Shroff finance@nocil.com payal.dave@sgapl.net / neha.shroff@sgapl.ne