Aarti Industries Ltd · NSE:AARTIIND
Aarti Industries — Q3 FY2025 Earnings Presentation
21 slides from Aarti Industries's earnings presentation, Feb 1, 2025
Slide 1: Results Presentation Filing Letter to Exchanges
February 1, 2025 To, To, Listing/ Compliance Department Listing/Compliance Department BSE LTD. National Stock Exchange of Phiroze Jeejeebhoy Towers, India Limited Dalal Street, “Exchange Plaza”, Plot No. C/1, Mumbai – 400 001. G Block Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051. NSE CODE:AA
Slide 2: Q3FY25 Performance Update
Q3FY25 Performance Update Resilient Today 01 Feb 2025 Promising Tomorrow
Slide 3: Disclaimer
2 Disclaimer AARTI INDUSTRIES LIMITED may, from time to time, make written and oral forward looking statements, in addition to statements contained in the company's filings with BSE Limited [BSE] and National Stock Exchange of India Limited [NSE], and our reports to shareholders. The company does no
Slide 4: Index
3 Index Company overview Q3FY25 and YTM FY25 Highlights Future Outlook and Roadmap An excerpt from Aarti Mural that adorns the facade of our Vadodara Office
Slide 5: Index: Company overview
4 Index Company overview Q3FY25 and YTM FY25 Highlights Future Outlook and Roadmap An excerpt from Aarti Mural that adorns the facade of our Vadodara Office
Slide 6: Aarti Industries at a Glance
5 Aarti Industries at a Glance Toluene based Sulphuric Acid Downstream Products Products ● Established by first generation technocrats in 1984 Benzene based Speciality Other Speciality ● Integrated operations and high-cost optimization Chemicals Downstream Chemicals ● Key value chains include Nitro
Slide 7: Our Ethos
6 Our Ethos PURPOSE Right Chemistry for AIL VALUES a Brighter Tomorrow CARE VISION To emerge as a Global Partner of Choice for leading consumers of INTEGRITY speciality chemicals and intermediates MISSION Delighted Stakeholders EXCELLENCE
Slide 8: Index: Q3FY25 and YTM FY25 Highlights
7 Index Company overview Q3FY25 and YTM FY25 Highlights Future Outlook and Roadmap An excerpt from Aarti Mural that adorns the facade of our Vadodara Office
Slide 9: Q3 & YTM FY25 Highlights (Consolidated)
8 Q3 & YTM FY25 Highlights (Consolidated) YoY : 8% ▲ YoY : 12%▼ YoY : 63%▼ QoQ: 14%▲ QoQ: 17%▲ QoQ: 12%▼ ● Non-Energy Business Volumes: ● YoY: ▲14%, ● QoQ: ▲8% ● Volume uptick visible across end applications of Dyes, Pigments, Polymer Additives, while Agrochemicals continues to remain Q3FY24 Q2FY25
Slide 10: Business Highlights
9 Business Highlights Nitro-toluene & Ethylation expansion projects successfully commissioned and are under volume ramp-up Agreement signed with Cleanmax & Prozeal for renewable power purchase | AIL’s renewable share in total power purchase will exceed 75% and achieve significant cost savings from Q
Slide 11: Capacities and utilization trend for few major products
10 Capacities and utilization trend for few major products Capacity (in Q1 Q2 Q3 9M 9M Y-o-Y 9M FY25 Product Groups KTPA) FY22 FY23 FY24 FY25 FY25 FY25 FY24 FY25 9 month Utilization% (Expanded period) 108 NCB 76.6 77.8 73.5 19.5 19.0 22.9 54.7 61.4 12% 76% (From Q3FY24) DCB 120 74.6 84.2 80.7 24.1 2
Slide 12: Revenue by End Use
11 Revenue by End Use Rs 7,012 cr Rs 2,012 cr Rs 1,786 cr Rs 2035cr Rs 5833 cr Agrochemicals & 18% 16% 21% 20% 18% Fertilizers ● 9M end-use application mix is broadly similar to FY24 end-use mix. 10% 13% Dyes, Pigments and 12% 14% 12% Printing Inks ● Agrochemical sector continues to be under pressur
Slide 13: Application wise market updates & business highlights (1/2)
12 Application wise market updates & business highlights (1/2) End Use Agrochemical & Fertilizers Energy & Additives Chloro Anilines, Di Chloro Phenols, Ethylated & Key Products MMA, CaCl2 Fluorinated products Revenue Share1 18% 36% Domestic Export Domestic Export Domestic / Exports1 56% 44% 20% 80%
Slide 14: Application wise market updates & business highlights (2/2)
13 Application wise market updates & business highlights (2/2) End Use Dyes, Pigments & Printing Inks Pharmaceuticals Polymer and additives PNCB, MDCB & Fluorinated Key Products PNCB, DCBH, PNT PDCB, MPDA, ONA compounds Revenue Share1 12% 10% 14% Domestic Export Domestic Export Domestic Export Domes
Slide 15: Index: Future Outlook and Roadmap
14 Index Company overview Q3FY25 and YTM FY25 Highlights Future Outlook and Roadmap An excerpt from Aarti Mural that adorns the facade of our Vadodara Office
Slide 16: Key EBITDA Growth Drivers in near term (H2FY25 - FY28)
15 Key EBITDA Growth Drivers in near term (H2FY25 - FY28) Switching to BPT¹ to improve Cogen Cost Renewable Power phase 2 Optimisation Waste energy streams utilization, ETP cost optimisation Fixed cost optimization ₹ 150-200 Cr Yield improvement Acid, DCB & NCB ramp-up Volume and margin Ethylation &
Slide 17: Growth Outlook - consistent with previous update
16 Growth Outlook - consistent with previous update Core YTD EBITDA Contract-1 Cancellation Projected Annual EBITDA Consistent volume growth over 3 yrs driven 1800-2200 by increased capacities Operating leverages and cost optimisation initiatives to drive EBITDA growth beyond volume growth Capex for
Slide 18: Long term growth focus areas - seed investments for growth beyond 3 years
17 Long term growth focus areas - seed investments for growth beyond 3 years Leveraging R&D and tech for asset light growth ● Have built significant R&D and technical capability which allows us to develop new chemistries ● Plan to leverage asset-light tolling / outsourcing model for early commercial
Slide 19: Foray into Chemical Recycling of plastics
18 ● The first Plastic Materials Recycling Facility (PMRF) in Re Sustainability and Hyderabad will advance recycling Recycling Pvt Ltd (ReSRL), a infra and support sustainable waste Re Sustainability Company Foray into (ReSL), and management Aarti Circularity Limited (ACL), ● This Partnership is com
Slide 20: Certifications
19 Certifications The certifications listed above may be applicable to only some manufacturing units of Aarti Industries
Slide 21: Thank You
Thank You +91 22 67976666 investorrelations@aarti-industries.com