Ig Petrochemicals Ltd. · NSE:IGPL
Ig Petrochemicals — Q2 FY2017 Earnings Presentation
19 slides from Ig Petrochemicals's earnings presentation, Nov 24, 2016
Slide 1: Investor Presentation - Q2 & H1 FY17
cru |G PETROCHEMICALS LIMITED Investor Presentation — Q2 & Hi FY17
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by I G Petrochemicals 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 se
Slide 3: Acquisition of Maleic Anhydride Business
Acquisition of Maleic Anhydride Business Acquisition details Transaction • MA business is proposed to be • Acquisition of Maleic Anhydride acquired by IGPL as a going concern (MA) Business on a 'Slump Sale basis“. Acquisition of Maleic • Lumpsum consideration of Rs. 74.48 Anhydride (MA) crores payab
Slide 4: Q2 FY17 Performance Highlights
Q2 FY17 Performance Highlights Rs. In Cr Revenues EBITDA PAT +2.8% +33.5% +55.0% 248 255 34 20 26 13 Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 EBITDA (%) PAT (%) + 310 bps + 260 bps 13.4% 7.9% 10.3% 5.3% Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 4
Slide 5: H1 FY17 Performance Highlights
H1 FY17 Performance Highlights Rs. In Cr Revenues EBITDA PAT 953 113 60 50 73 81 42 532 511 H1 FY16 H1 FY17 FY16 H1 FY16 H1 FY17 FY16 H1 FY16 H1 FY17 FY16 EBITDA (%) PAT (%) 15.9% 9.9% 13.8% 8.0% 11.9% 6.3% H1 FY16 H1 FY17 FY16 H1 FY16 H1 FY17 FY16 5
Slide 6: Company Overview
Company Overview Numero Uno Indian manufacturer of Phthalic Anhydride (PA) Flagship company of Dhanuka Group One of the largest PA manufacturer in the world Lowest Cost producer of Phthalic Anhydride (PA) globally Higher capacity utilization with continued Consumption Pull for Phthalic Anhydride Sel
Slide 7: Focused Management
Focused Management Mr. M M Dhanuka: Chairman Mr. Nikunj Dhanuka: Managing Director & CEO Chemical Engineer from BITS, Pilani with 40 years of Over two decades of experience in the industry, experience in the industry instrumental in restructuring the business activities True Entrepreneur with
Slide 8: Phthalic Anhydride
Phthalic Anhydride Phthalic Anhydride (PA) Applications for PA is a downstream PA is used as an PA is used in a PA are product of Orthoxylene intermediate for the variety of increasing (OX) a basic Petrochemical production of application in rapidly, driven Plasticizers, both consumer PA is a versati
Slide 9: End User Industries
End User Industries 19% Plasticizers Paints 14% 41% CPC (Color Pigments) 10% Unsaturated 16% Polyester Resin (UPR) Others 9
Slide 10: Phthalic Anhydride (PA): Varied Applications
Phthalic Anhydride (PA) : Varied Applications Phthalic Anhydride Packaging Materials Textile Dyes Paints Printing Inks Plastic Pipes &Products 10
Slide 11: Manufacturing Facilities
Manufacturing Facilities 3 units at Single Location Proximity to India’s Chemical Hub 50 kms. away from Jawaharlal Located at MIDC, Taloja in Raigad Nehru Port Trust (JNPT), District, Maharashtra Nhavasheva, Mumbai, Maharashtra 11
Slide 12: Key Customers
6 Key Customers oIru xv KANSAI NEROLAC PAINTS LIMITED @ AARTI INDUSTRIES LIMITED World Leader in Resin az AkzoNobel =? Lows om L ort BADER s rr 2 12
Slide 13: Consumption Pull for Phthalic Anhydride
Consumption Pull for Phthalic Anhydride… Stabilize Crude Prices - 01 Better Realizations Global Market Improvements - 02 Well positioned to grab the opportunities Better Economic Scenario - 03 Influence demand for the product in downstream markets Infrastructure Thrust - 04 Strong & Constant domesti
Slide 14: Consumption Pull for Phthalic Anhydride
Consumption Pull for Phthalic Anhydride… Global PA Consumption - ~5.5mn tones India’s GDP Growth Rate (%) +3% UPR Others 7.5% 7.6% 7.9% 20% 25% 6.9% 7.3% Plasticizer 55% 2013 2014 2015 2016 2017E Source: World Bank Asia-Pacific consumption is Resurging of Indian ~ + 50% economy – Pick up of dema
Slide 15: Key Competitive Advantages
Key Competitive Advantages Better Recovery Processes Lowest Cost Producer • Steam Lowest generated from ProcessStrategic utilised 01 Strong • In-house generation of power Consistent • Higher efficiency and reengineering efficiently- reduces Oil consumption Clientele processhigh Cost significantly Pl
Slide 16: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. In Crs) Q2 FY17 Q2 FY16 Y-o-Y H1 FY17 H1 FY16 Y-o-Y FY16 Revenue from Operations 253.74 246.44 507.63 528.79 947.60 Other operating Income 1.24 1.55 2.89 3.13 5.24 Total Revenue 254.98 247.99 3% 510.52 531.92 -4% 952.84 Cost of Material Consumed 180.78 197.93
Slide 17: Balance Sheet
Balance Sheet Particulars (Rs. Crs) Sep-16 Mar-16 Particulars (Rs. Crs) Sep-16 Mar-16 Shareholder’s Fund 342.10 291.76 Non-current assets 350.47 348.37 Share capital 30.80 30.80 Tangible Assets 313.51 322.19 Reserves & Surplus 311.30 260.96 Intangible Assets 0.03 0.04 Non-current liabilities 80.87 9
Slide 18: Improved Performance - Ratios
Improved Performance – Ratios ROCE (%) ROE (%) Total Debt/Equity 25.8% 20.7% 0.81 24.9% 20.0% 20.2% 0.64 12.6% 0.32 8.6% 0.26 1.2% Mar-14 Mar-15 Mar-16 Sep-16 Mar-14 Mar-15 Mar-16 Sep-16 Mar-14 Mar-15 Mar-16 Sep-16 18
Slide 19: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : I G Petrochemicals Ltd Strategic Growth Advisors Pvt. Ltd. CIN: L51496GA1988PLC000915 CIN: U74140MH2010PTC204285 Mr. R . Chandrasekaran -CFO Ms. Neha Shroff / Mr. Deven Dhruva rchandra@igpetro.com neha.shroff@sgapl.net /