Sitara Chemicals Industries Ltd. · PSX:SITC
Sitara Chemicals Industries — Sitara Chemical Industries — Corporate-Briefing-Session-CBS-2022
14 slides from Sitara Chemicals Industries's investor presentation, November 2022
Slide 1: Sitara Chemical Industries Limited
Sitara Chemical Industries Limited
Slide 2: Outlines
OUTLINES $Uyeyy Company’s Brief Financial Highlights Operational Highlights i Future Outlook 1 va Question/ Answer Session
Slide 3: Company Brief
Sitara Chemical Industries Limited (SCIL) incorporated in September 08, 1981 as public limited company under Companies Act 1913. Company got listing in Karachi Stock Exchange in June 10, 1987 and has corporate symbol “SITC” Company is a Shariah Compliant Company certified by SECP since March 1
Slide 4: Products and Divisions
Basic Chemicals Major Specialty Chemicals Caustic Soda Liquid (32% - 50 %) Calcium Chloride (77% & 94%) Caustic Soda Flakes Magnesium Sulphate Sodium Hypochlorite Magnesium Chloride Hydrochloric Acid Ferric Chloride Liquid Chlorine Fly-Ash Bricks and Tuff Tiles Bleaching Powder
Slide 5: Economic Overview of Pakistan 2022
During the year 2022, economy of Pakistan after recovering from the pandemic maintained a V-shaped recovery by posting a real GDP growth of 5.97% as compared with 5.74% last year. Contribution of Industrial sector in real GDP growth remained at 7.2% as compared with 7.8% last year, while growth
Slide 6: Comparison with last financial year
Comparison with last financial year 2022 2022 2021 2021 (Rs. in (Rs. in (%) (%) million) million) Revenue from contracts with customers – net + 46.3% 21,626 14,785 Gross profit 13.3% 2,873 19.8% 2,933 Operating profit (EBIT) 8.3% 1,796 15.4% 2,274 Profit before taxation 4.1% 898 11.3% 1,670 Net prof
Slide 7: Caustic Soda and Yarn Production
154,023 169,275 138,424 132,092 2021 2022 2021 2022 Caustic Soda - (Liquid & Flakes) Yarn (20/s count) (Qty in M. Ton) (Qty in No. of bags)
Slide 8: Comparison with last financial year (balance sheet)
Comparison with last financial year 2022 2022 2021 (Rs. in (Rs. in (% age) million) million) Property, plant and equipment + 2% 17,345 16,923 Other non-current assets - 9% 4,094 4,510 Current assets + 22% 11,115 9,107 Total Assets + 7% 32,554 30,540 Shareholders' equity + 1% 16,038 15,882 Non-curren
Slide 9: Decrease in gross margins and PAT
Besides increase in sales revenue, decrease in gross margins and PAT is witnessed due to increase in overall energy cost, increase in other raw material prices, and increase in POL prices. The increased cost of production could not be fully passed on to customers due to domestic market conditions.
Slide 10: Products capacity and production
Designed Actual Capacity Designed Actual Capacity capacity production utilization capacity production utilization Products 2022 2021 ( -------Tons -------) % ( -------Tons -------) % Caustic Soda 207,900 150,038 72% 207,900 139,287 67% Sodium Hypochlorite 66,000 51,618 78% 66,000 44,475 67% Liquid C
Slide 11: Key Business Challenges
key Business challenges: Following are the key challenges being faced by the company currently. • Low sale demand of chemicals and textile products after contraction of global and domestic economic outlook. • Damage to cotton crop of the country after heavy flood resulting into massive increase in l
Slide 12: Expansion of Coal Fired Power Plant
Expansion of Coal Fired Power Plant (CFPP): Alhamdulillah with the changing economic scenario and increase in imported coal prices, your company has redesigned the plant on use of lignite coal (both local / imported) as feed stock. The new CFPP plant will have the flexibility of using both local l
Slide 13: Sitara Chemical Industries Limited
wa > Sitara Chemical industries Limited
Slide 14: Question Answer Session
QUESTION | mi. ANSWER SESSION
Sitara Chemical Industries — Corporate-Briefing-Session-CBS-2022 on 6ix