Sigachi Industries Limited · NSE:SIGACHI
Sigachi Industries — Q2 FY2024 Earnings Presentation
17 slides from Sigachi Industries's earnings presentation, Nov 14, 2023
Slide 1: Exchange filing cover letter for earnings presentation
SIGACHIINDUSTRIESLIMITED CIN: L24110TG1989PLC009497 AN EXCiPACT, GMP, ISO9001:2015&FSSC22000CERTIFIEDCOMPANY www.sigachi.com To, Date: 14.11.2023 The Manager The Manager, BSE Limited NSE Limited, P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex, Mumbai-400001 Bandra (E), Mumbai- 40005
Slide 2: Earnings Presentation Q2/H1-FY24
Sigachi Industries Limited Earnings Presentation Q2/H1-FY24
Slide 3: Company Snapshot
Company Snapshot 4 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. 3,020 • 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 in with long standing relationship with 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 in Pharma: 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
Slide 7: Financial Overview
Financial Overview 6
Slide 8: Q2/H1-FY24 Consolidated Highlights
Q1-FY24 Consolidated Highlights Q2-FY24 Financial Highlights H1-FY24 Operational Highlights INR 992 MN INR 214 MN 21.67% INR 1,839 MN INR 378 MN 20.55% Operating EBITDA Operating Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Margins Income 14.3% YoY Margins 20.2 %YoY 13.2% YoY
Slide 9: Q2/H1 Operational Highlights
Q2/H1- FY23 Operational Highlights • The overall revenue in H1 experienced a robust YoY growth of 13.37%, escalating from INR 164.61 crores to INR 186.62 crores. • The price of MCC exhibited a modest YoY growth of 1.07%, advancing from 208.55/Kg to 210.8/Kg in H1 FY 24 compared to H1 FY23. • The qua
Slide 10: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q2-FY24 Q2-FY23 Y-o-Y Q1-FY24 Q-o-Q Operational Revenue 992 825 20.2% 847 17.1% Total Expenses 778 662 17.5% 683 13.9% EBITDA 214 163 31.2% 164 30.4% EBITDA Margin (%) 21.57% 19.76% 181 Bps 19.36% 221 Bps Depreciation and amortisation
Slide 11: Half Yearly Consolidated Financial Performance
Half Yearly Consolidated Financial Performance Particulars (INR Mn) H1-FY24 H1-FY23 Y-o-Y Operational Revenue 1,839 1,608 14.4% Total Expenses 1,461 1,282 14.0% EBITDA 378 326 16.0% EBITDA Margin (%) 20.55% 20.27% 28 Bps Depreciation and amortisation 45 29 55.2% Finance costs 31 17 82.4% Other Incom
Slide 12: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 Operational Revenue 1,928 2,503 3,020 1,839 Total Expenses 1,540 1,972 2,433 1,461 EBITDA 388 531 587 378 EBITDA Margin (%) 20.12% 21.21% 19.43% 20.55% Depreciation and amortisation 23 29 66 45 Finance costs 13
Slide 13: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 EQUITY 942 2,277 2,683 3,978 NON-CURRENT ASSETS 463 1,069 1,964 3,547 Equity Share Capital 77 307 307 307 a) Property, plant and equipment 376 527 960 1,702 Other Equity 865
Slide 14: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue (INR Mn) EBIDTA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 3,020 587 436 531 400 2,503 303 1,928 1,839 388 378 260 20.55% 20.12% 21.21% 19.43% 15.72% 15.98% 14.43% 14.14% FY21 FY22 FY23 H1-FY24 FY21 FY22 FY23 H1-FY24 FY21 FY22 F
Slide 15: Capital Market Information
Capital Market Information 60.0% Share Price Performance 40.0% 20.0% 0.0% -20.0% Oct-22 Nov-22 Dec-22 Feb-23 Mar-23 May-23 Jun-23 Aug-23 Sep-23 Sensex Sigachi Shareholding Pattern as on 30th September, 2023 th Market Data (INR) as on 30 September, 2023 Face Value 10.0 CMP 400.05 Public 52% Promoters
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