Slide 1: Cover letter to stock exchanges: Earnings Presentation March 2024
7th May 2024 To, To, The Manager - Listing Department, Manager-Department of Corporate Services The National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, 5th floor, Jeejeebhoy Towers, Plot no. C/1, "G" Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai-400051 Symbol
Slide 2: Earnings Presentation Q4-FY24/FY24
Slide 3: Executive Summary
2 A Executive Summary --- aP.!!Otex OVERVIEW ► Apcotex Industries Ltd (Apcotex) is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India. ► The company
Slide 4: Company Overview
3 A Company Overview --- aP.!!Otex Operational Revenue (INR Mn) and EBITDA Margin (%) ► The company's Taloja plant was established in 1980 as a division of Asian Paints (India) Ltd. In 1991, the division was spun off as a 11,246 separate company, which was headed by Mr. Atul Choksey, former MD of As
Slide 5: Financial Highlights
4---· A Financial Highlights --- aP.!!Otex Q4-FY24 Financial Highlights FY24 Operational Highlights INR 3,106 Mn INR313 Mn INR 11,246 Mn INR 1,139 Mn Operational Revenue EBITDA Operational Revenue EBITDA 21.3% YoY (8.2)% YoY 4.1% YoY (28.1)% YoY 10.08% INR 153 Mn 10.13% INR 539 Mn EBITDA Margin Net
Slide 6: Q4-FY24/FY24 Operational Highlights
5 A Q4-FY24/FY24 Operational Highlights --- 8:P.!!Otex Q4-FY24 • Highest Quarterly volume - Growth of 34% YoY • Highest Quarterly export volume - Growth of 71% YoY • Revenue growth of 21% YoY, due to increased volumes, product mix and better price realizations • EBITDA: Decreased 8% YoY due to lower
Slide 7: Quarterly Financial Performance
6---· A Quarterly Financial Performance --- 8:P.!!Otex Particulars (INR Mn) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Operational Revenue 3,106 2,561 21.3% 2,570 20.9% Total Expenses 2,793 2,220 25.8% 2,316 20.6% EBITDA 313 341 (8.2)% 254 23.2% EBITDA Margins 10.08% 13.32% (324) Bps 9.88% 20Bps Depreciati
Slide 8: Annual Financial Performance
7---· A Annual Financial Performance --- 8:P.!!Otex Particulars (INR Mn) FY24 FY23 Y-o-Y Operational Revenue 11,246 10,799 4.1% Total Expenses 10,107 9,214 9.7% EBITDA 1,139 1,585 (28.1)% EBITDA Margins 10.13% 14.68% (455) Bps Depreciation 315 152 NA Finance Cost 156 51 NA Other Income 77 73 5.5% PB
Slide 9: Historical Income Statement
8---· A Historical Income Statement --- 8:P.!!Otex Particulars (INR Mn) FY21 FY22 FY23 FY24 Operational Revenue 5,406 9,569 10,799 11,246 Total Expenses 4,708 8,171 9,214 10,107 EBITDA 698 1,398 1,585 1,139 EBITDA Margins 12.91% 14.61% 14.68% 10.13% Depreciation 145 141 152 315 Finance Cost 38 32 51
Slide 10: Balance Sheet
9 A Balance Sheet --- 8:P.!!Otex Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 Shareholders Fund 3,962 4,760 5,218 Total Non Current Assets 3,014 4,809 4,959 Equity Share Capital 104 104 104 Property, Plant and 1,560 3,834 3,838 Other Equity 3,858 4,656 5,114 E ui ment Tota
Slide 11: Historical Performance Indicators
10 _ _ _ _..._ A Historical Performance Indicators --- 8:P.!!Otex EBITDA (INR Mn) EBITDA Margin(%) PAT (INR Mn) and PAT Margin(%) Operational Revenue (INR Mn) 10,799 11,246 1,585 9,569 5,406 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Net Debt to Equity (x) Asset Turn Over Ratio (x)
Slide 12: Disclaimer
11 A Disclaimer --- 8:P.!!Otex Apcotex Industries Ltd Disclaimer: This presentation and the accompanying slides (the "Presentation"), which have been prepared by Apcotex Industries Limited (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommenda
Slide 13: Thank You
Thank You