Deepak Fertilisers And Petrochemicals Corporation Ltd. · NSE:DEEPAKFERT
Deepak Fertilisers And Petrochemicals — Q2 FY2024 Earnings Presentation
17 slides from Deepak Fertilisers And Petrochemicals's earnings presentation, Nov 2, 2023
Slide 1: Covering letter to stock exchanges
2nd November, 2023 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Code: 500645 NSE Code: DEEPAKFERT Subject: Earnings Presentati
Slide 2: Earnings Presentation Q2 FY2024
(BSE: 500645; NSE: DEEPAKFERT) Earnings Presentation Q2 FY2024 2nd November 2023
Slide 3: Consolidated Financial Performance
Consolidated Financial Performance Financial Resilience: Demonstrating 25% CAGR in Q2 EBITDA over the past 4 years Q2 Operating Revenues (Rs. Cr) Q2 Operating EBITDA (Rs. Cr) and Margins (%) 495 2,719 2,424 286 1,793 212 193 1,404 18% 1,151 117 14% 12% 12% 10% Q2FY20 Q2FY21 Q2FY22 Q2FY23 Q2FY24 Q2FY
Slide 4: Consolidated Financial Performance
Consolidated Financial Performance World-Scale Ammonia Plant Commissioned • Subsidy Impact of Rs. 267 Crores in H1: Reduced NBS subsidy on channel inventories had a significant impact on consolidated profitability in Q1 of Rs. 161 Cr and in Q2 FY24 of Rs. 106 Cr • Ammonia Plant Profitability Impacte
Slide 5: Consolidated Financial Performance
Consolidated Financial Performance Y-o-Y Q-o-Q Y-o-Y INR CR Q2 FY 24 Q2 FY 23 Q1 FY 24 H1 FY24 H1 FY23 growth growth growth Operating Revenue 2,424 2,719 (10.9%) 2313 4.8% 4,737 5,750 (17.6%) Operating EBITDA 286* 495 (42.2%) 281 2.0% 567 1235 (54.1%) Margins (%) 11.8% 18.2% (639) bps 12.1% (33) bps
Slide 6: Consolidated Capital Structure
Consolidated Capital Structure |EBITDA Margins of 12%|Gross Debt/Equity at 0.76x | (Rs. CR) Mar-23 Sep-23 ST Debt 382 1,055 Capital Structure: • The strategic implementation of the backward LT Debt 3,231 2,937 integration and expansion-growth projects are being funded through internal accruals and l
Slide 7: Mining Chemicals Business Review
Mining Chemicals Business Review TAN domestic demand is expected to improve further based on growth in coal, cement and steel production Mining Chemicals (TAN) Revenue Operational Highlights (Manufactured Sales Rs. Cr) • In Q2 FY24, the delayed arrival of monsoon supported increased demand in power,
Slide 8: Pharma / Speciality Chemicals Business Review
Pharma / Speciality Chemicals Business Review Nitric Acid demand is stabilising and is expected to improve Pharma / Speciality Chemicals (IPA+NA) Operational Highlights (Manufactured Sales Rs. Cr) • Subdued demand due to the monsoon season and low cost import from China for downstream pharma / agro
Slide 9: CNB Business Review
CNB Business Review Acceptance of impactful yield improvements with Crop Specific grades is increasing, allowing stabilisation of higher premiums Fertilisers Revenue (Manufactured Sales Rs. Cr) Operational Highlights (NP + NPK + Bensulf) • Witnessed strong demand in Q2 driven by its differential pro
Slide 10: Raw Material Price Movement in Last 18 Months
Raw Material Price Movement in Last 18 Months Ammonia Bulk FOB - ME ($/MT) 1232 1033 930 1001 1014 1037 1017 939 875 796 619 409 464 274 256 248 254 339 APR-22 MAY-22 JUN-22 JUL-22 AUG-22 SEP-22 OCT-22 NOV-22 DEC-22 JAN-23 FEB-23 MAR-23 APR-23 MAY-23 JUN-23 JUL-23 AUG-23 SEP-23 Phos acid Bulk CFR ($
Slide 11: Ammonia Greenfield Plant: Commenced Commercial Production
Ammonia Greenfield Plant: Commenced Commercial Production • The Greenfield Ammonia plant was successfully commissioned in Q2 FY24 on August 4th, 2023. Medium-term gas contracts have been secured with reliable suppliers such as GAIL, IGS, and GSPC. • Profitability was impacted by Rs. 87 Cr in Q2 duri
Slide 12: Nitric Acid Brownfield Expansion
Nitric Acid Brownfield Expansion Key Highlights: • Strategic Expansion of WNA (300 KTPA) and CNA (150 KTPA) at a project cost of Rs. 1,950 Cr • Leveraging 40 years of credible experience in Nitric Acid, DFPCL will become ‘Asia's Largest Manufacturer’ of Nitric Acid post expansion • State-of-the-art
Slide 13: TAN Project – Site Construction Work In Progress (September 2023)
TAN Project – Site Construction Work In Progress (September 2023) Compound wall Piling Work Ground Improvement Internal Road 12
Slide 14: Capital Market: Building on trust by delivering on expectations
Capital Market: Building on trust by delivering on expectations Media Interactions: Zee Business (26 sept), CNBC TV 18 Market Cap (Rs. Crores) Total No. of Shareholders (08 Sept) and BQ Prime (06 Sept) 2,28,828 8,684 1,93,628 6,781 6,917 1,72,548 1,14,678 1,00,392 1,05,866 2,330 1,172 669 Shareholdi
Slide 15: Corporate Social Responsibility for inclusive community welfare
Corporate Social Responsibility for inclusive community welfare Eye Check-up camps has been conducted Koliyad Total 53 aspirants enrolled for Basic tailoring Desktop and Printer Handed Over at Rahiyad village. In this camp total 143 patients examined course at Pale Kh. 17 aspirants completed Seconda
Slide 16: Recent Awards and Recognition
Recent Awards and Recognition Mahadhan received RMAI Corporate Excellence Winner in Best-in-class Supply Chain Award for outstanding contribution and path Innovation, in the ELSC leadership breaking work in rural India Awards as a part of the ELSC Conclave Received "CERTIFICATE OF MERIT" from Nation
Slide 17: Safe Harbour
Safe Harbour: This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Deepak Fertilisers and Petrochemicals Corporation limited’s (DFPCL) futur
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