National Fertilizers Ltd. · NSE:NFL
National Fertilizers — FY2019-20 Earnings Presentation
82 slides from National Fertilizers's earnings presentation, 2020
Slide 1: Financial Results FY 2019-20
Financial Results FY 2019‐20 National Fertilizers Limited
Slide 2: Brief Overview
BRIEF OVERVIEW Introduction • Incorporated on 23rd August, 1974. • Share Capital details as on 31.03.2020. Authorized capital : Rs. 1,000.00 crore. Paid up capital : Rs. 490.58 crore. Net-worth : Rs. 1920.94 crore. Shareholding Pattern as on 31.03.2020: Government of India 74.71% Financial
Slide 3: Brief on Urea Manufacturing Activities
BRIEF ON UREA MANUFACTURING ACTIVITIES UREA Vijaipur‐I Vijaipur‐II Bathinda Panipat Nangal ANNUAL CAPACITY (Lakhs Metric Ton) – 8.646 8.646 5.115 5.115 4.785 32.31 LMT (Revised Assessed Capacity) Annual Capacity after Urea Capacity 9.999 10.662 5.115 5.115 4.785 Enhancement Projects at Vijaipur‐I &
Slide 4: Brief on Other Manufacturing Activities
BRIEF ON OTHER MANUFACTURING ACTIVITIES Cont… Other Manufacturing:‐ (Industrial Products, Bio‐Fertilizers , Technical Surplus Ammonia) etc. : S. No. Products Located in No. of Annual Capacity of each streams stream (MT) Industrial Products 1. Nitric acid Nangal 2* 69436 2. Ammonium Nitrate Nangal 2*
Slide 5: Brief on Trading Activities
BRIEF ON TRADING ACTIVITIES (Sale Based) Cont… Traded Goods : S. Products 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 No. Imported Fertilizers LMT LMT LMT LMT LMT 9. DAP (LMT) 0.51 2.14 3.28 5.04 6.85 10. MOP (LMT) ‐ ‐ 0.27 ‐ 0.74 11. APS (LMT) ‐ ‐ 0.26 0.26 0.39 12. NPK 12:32:16 (LMT) ‐ ‐ ‐ 0.68 0.50 1
Slide 6: Production of Urea
Production of Urea (Qty. in LMT) Production of Urea Plants 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 NANGAL 5.47 5.02 5.43 5.41 5.75 PANIPAT 5.67 5.43 5.60 5.74 5.52 BATHINDA 5.48 5.68 5.63 5.84 5.63 VIJAIPUR- I 9.92 10.58 10.50 10.28 9.84 VIJAIPUR-II 11.44 11.39 10.95 11.32 10.53 TOTAL 37.99 38.10 38
Slide 7: Performance Highlights FY 2019-20
PERFORMANCE HIGHLIGHTS FY 2019‐20 Performance highlights during the FY 2019‐20. 1. Production of Urea: 37.27 LMT [CPLY 38.59 LMT] .Capacity Utilization of 115.35%. 2. Nangal Unit achieved Ever lowest energy consumption. 3. Ever best Sale of all fertilizers: 57.03 LMT [CPLY 48.95 LMT] 4. Ever best
Slide 8: Financial Performance at a Glance
FINANCIAL PERFORMANCE AT A GLANCE (Preceding 5 Years) (Rs. crore) SL .No. Particulars 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 1 Production (Urea) (LMT) 37.99 38.10054 38.10250 38.59 37.27 2 Capacity Utilization w.r.t. RAC (Urea %) 117.60 117.90 117.94 119.46 115.35 3 Sale of Urea (LMT) 36.41 37.58 3
Slide 9: Financial Performance at a Glance (Balance Sheet Items)
FINANCIAL PERFORMANCE AT A GLANCE (Preceding 5 Years) (Rs. crore) Particulars 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 SL. No. 20 Net Fixed Assets 4291 4109 4144 4127 4382 21 Working Capital 1487 1424 981 1144 532 22 Long Term Borrowings 1828 981 171 341 769 STL (without SBA) 4296 1989 2695 4670 6119
Slide 10: Sales (Preceding 5 Years)
SALES (Preceding 5 Years) SL .No. Particulars 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 1 Sale of Urea (LMT) 36.41 37.58 39.16 38.98 36.08 2 Bio‐Fertilizers (LMT) 0.005 0.005 0.005 0.006 0.007 3 BS (LMT) ‐ ‐ ‐ 0.07 0.08 4a Sale of Traded Goods:‐ (Fertilizers) 1. DAP (LMT) 0.51 2.14 3.28 5.04 6.85 2. M
Slide 11: 5 Year's Growth & Trends
5 YEAR’S GROWTH & TRENDS 11
Slide 12: Sale of All Fertilizers (Quantity)
Sale of All Fertilizers (Quantity ) LMT All Fertilizers Imported Fertilizers, Compost, Bio‐ 9.10 Fertilizers & 60.00 6.27 Other Traded 3.93 Goods 50.00 2.20 0.51 11.85 Imported Urea Quantity in LMT 40.00 0 0 3.70 (Govt. A/c) 0 30.00 20.00 36.41 37.58 39.16 38.98 36.08 10.00 Urea Manufactured 0.00 FY
Slide 13: Sale of Urea Manufactured (Quantity)
Sale of Urea Manufactured (Quantity ) LMT Sale of Urea (Manufactured) 42.00 39.16 38.98 39.00 37.58 36.41 36.08 36.00 Quantity in LMT 33.00 30.00 27.00 24.00 21.00 18.00 15.00 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period 13
Slide 14: Sale of Urea (Manufactured + Traded)
Sale of Urea (Manufactured + Traded(Govt. a/c) (Quantity ) LMT Sale of Urea (Manufactured+Traded) 45.00 3.70 11.85 40.00 Sale of Urea 35.00 (Traded) Quantity in LMT 30.00 25.00 39.16 38.98 36.41 37.58 36.08 20.00 Sale of Urea (Manufactured) 15.00 10.00 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Pe
Slide 15: Sale of Traded Fertilizers (Quantity)
Sale of Traded Fertilizers (Quantity) LMT Sale of Traded Fertilizers DAP 22.00 0.10 0.74 Urea 20.00 0.25 0.19 0.39 18.00 0.50 NPK 12:32:16 16.00 NPK 12:26:26 Quantity in LMT 14.00 11.85 12.00 APS 0.26 10.00 0.21 0.68 8.00 BS 3.70 6.00 0.26 Compost 4.00 0.27 0.12 6.85 0.01 0.03 5.04 2.00 0.03 3.28 Mo
Slide 16: Sale of DAP
Sale of DAP (For 5 years)(Quantity) LMT DAP 6.85 7.00 6.00 5.04 Quantity in LMT 5.00 4.00 3.28 3.00 2.14 2.00 1.00 0.51 0.00 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period 16
Slide 17: Sale of Industrial Products including Technical Surplus Ammonia
Sale of Industrial Products including Technical Surplus Ammonia (Quantity) LMT Total Industrial Product 1.00 0.90 0.87 0.84 0.80 0.81 0.80 0.70 Quantity in LMT 0.60 0.57 0.50 0.40 0.30 0.20 0.10 0.00 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period 17
Slide 18: Sale Value of All Fertilizers
Sale value of All Fertilizers (Rs. crore) Sale Value of all Fertilizers 12555.90 13000 11976.53 12000 Sale Values in Rs. Crore 11000 10000 9000 8733.61 8000 7527.65 7410.93 7000 6000 5000 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period Growth of 4.84% as compared to CPLY. CAGR of 13.36% duri
Slide 19: Sale Value of All Products
Sale value of All Products (Rs. crore) Urea + Traded Goods+ IP etc. 14000 12781.71 13000 12214.03 Sale Values in Rs. Crore 12000 11000 10000 8928.29 9000 7765.88 7643.36 8000 7000 6000 5000 4000 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period Growth of 4.65% as compared to CPLY. CAGR of 12.9
Slide 20: EBITDA
Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) (Rs. crore) EBITDA 1200.00 1013.24 1000.00 859.54 Value in Rs. crore 800.00 592.00 555.21 600.00 535.86 400.00 200.00 0.00 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period 20
Slide 21: EBITDA to Gross Sale %
EBITDA TO GROSS SALE % EBITDA TO GROSS SALE % 9.00% 8.30% 8.00% 7.17% 7.26% 7.00% 6.72% 6.03% 6.00% Value in % 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period 21
Slide 22: Subsidy Accrued vs Subsidy Outstanding
Subsidy accrued V/S Subsidy outstanding (Rs. crore) Subsidy Claimed V/s subsidy outstanding after receipt of SBA 9000 8295.68 8111.36 8000 7000 Subsidy Claimed Value in Rs. crore 5934.55 5774.97 6000 5430.64 4958.15 5110.17 5000 4604.28 4000 3501.34 Subsidy 2879.93 Outstanding 3000 (Net of SBA) 2000
Slide 23: Finance Cost
Finance cost (Rs. crore) Finance cost 450 405.47 400 350 Value in Rs. crore 316.36 300 250 227.88 189.84 189.57 200 150 100 50 1 0 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period Finance cost has increase by Rs 89.11 crore as compared to CPLY (28.17%) due to higher average borrowings due to de
Slide 24: Profit Before Tax (PBT)
Profit Before Tax (PBT) (Rs. crore) PBT 500 463.37 Value in Rs. crore 400 324.88 334.83 288.42 300 200 136.14 100 0 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period PBT of Rs 136.14 crore is worked out before exceptional item of Rs 388.85 crore. After considering exceptional item of Rs 388.85
Slide 25: Profit After Tax (PAT)
Profit After Tax (PAT) (Rs. crore) Profit After Tax (PAT) 400 298.45 300 Value in Rs. crore 198.62 208.16 212.77 200 100 0 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 ‐100 ‐200 ‐171.01 Period 25
Slide 26: Earning Per Share (EPS)
Earning Per Share (EPS) (Rs. / Share) Earning Per Share (EPS) 8 6.08 6 4.05 4.24 4.34 Amount In Rs. 4 2 0 FY 15‐16 FY 16‐17 FY 17‐18 2018‐19 2019‐20 ‐2 ‐4 ‐3.49 26
Slide 27: Short Term Borrowings
Short Term Borrowings (Rs. crore) Short term borrowings including SBA* 8000 7334 7000 6122 Value in Rs. Crore 6000 5000 4296 4000 3154 2890 3000 2000 1000 0 FY 15‐16 FY 16‐17 FY 17‐18 FY 18‐19 FY 19‐20 Period *Borrowings at concessional interest rate arranged by GoI through special banking arrangeme
Slide 28: Performance for the FY 2019-20
PERFORMANCE FOR THE FY 2019‐20 28
Slide 29: Overall Performance
OVERALL PERFORMANCE (Rs. crore) S. No. Particulars FY 2019-20 CPLY Increase/(decrease ) Rs. crore % 1 Total Revenue From Operations 13135.36 12429.13 706.23 6 2 Total Expenses 12275.82 11415.89 859.93 8 3 Earnings before interest, depreciation and tax (EBITDA)(1‐2) 859.54 1013.24 (153.70) (15) 3(a)
Slide 30: Production, Purchase & Sale
PRODUCTION, PURCHASE & SALE LMT Particulars FY 2019-20 CPLY Increase/(decrease) LMT LMT LMT % Urea Production 37.27 38.59 (1.32) (3) Urea Sale (Produced) 36.08 38.98 (2.90) (7) DAP / MOP /APS / NPK (12:32:16) / NPK (10:26:26) / BS / 18.41 13.90 4.51 32 Urea (Govt A/c Imported) purchase DAP / MOP / A
Slide 31: Sale Value & Quantity Break-up for the FY 2019-20
SALE VALUE & QUANTITY BREAK‐UP FOR THE FY 2019‐20 31
Slide 32: Sale Quantity with Value of Manufactured Fertilizers
Sale quantity with value of Manufactured Fertilizers (Urea, Bio Fertilizer & BS) FY 2019-20 CPLY Inc./ (Dec.) with Particulars Value (Rs. Value (Rs. CPLY (Rs. Qty. Qty. crore) crore) crore) (A) Manufactured Fertilizers (urea) 1. Sales of urea (LMT) 36.08 1911.85 38.98 2024.83 (112.98) 2. Subsidy on
Slide 33: Sale Quantity and Value of Traded Fertilizers & Other Traded Goods
Sale quantity and value of Traded Fertilizers & Other Traded Goods (i.e. Agro Chemicals & Seeds) FY 2019‐20 CPLY Inc./ (Dec.) with Particulars Value (Rs. Value (Rs. CPLY (Rs. Qty. Qty. crore) crore) crore) (C)Traded Fertilizers (C.1) Imported Fertilizers 1. DAP (LMT) 6.85 2361.65 5.04 1883.53 478.12
Slide 34: Sale Quantity and Value of Industrial & Other Products
Sale quantity and value of Industrial & Other Products FY 2019-20 CPLY Inc./ (Dec.) with Particulars Value (Rs. Value (Rs. Qty. Qty. CPLY (Rs. crore) crore) crore) D. Other Traded Goods (OTG) 1. Seeds (Quintals) 138009 47.17 70786 24.89 22.28 288214 8.19 640533 11.71 (3.52) 2. Agro Chemicals (Kgs/Lt
Slide 35: Sale of Urea (Zone Wise)
SALE OF UREA (ZONE WISE) (LAKH MT) Zonal Offices FY 2019-20 CPLY Increase/ (Decrease) Chandigarh(6 States) 17.50 17.68 (0.18) Bhopal (6 States) 13.23 13.69 (0.46) Lucknow (5 States) 13.13 11.32 1.81 Hyderabad (6 States)* 4.07 - 4.07 TOTAL 47.93 42.73 5.24 *Hyderabad zone started functioning w.e.f.
Slide 36: Plant Locations, Marketing Territory, Port Handling & JV
(Plant Locations, Marketing Territory, Port handling & JV) 36
Slide 37: Farmer's Education Programs for Balanced Use of Fertilizers
Farmer ’s education programs for balanced use of Fertilizers etc. (Under Agriculture extension Services) Sr. Program / Activity 2019‐20 Nos. of Programs No. of Farmers 1 Training / Education Programs for a One day Training Programs for Dealers/Retailers/Cooperatives/m- 36 2505 FMS/DBT/FAI Trainings
Slide 38: Revenue From Operation Growth For FY 2019-20
Revenue From Operation Growth For FY 2019‐20 Rs. 13135.36 crore (FY‐2019‐20) (5.68%) Rs. 12429.13 crore (FY‐2018‐19) 38
Slide 39: Sale Quantity and Value of All Fertilizers
Sale Quantity and Value of All Fertilizers For FY 2019‐20 & 2018‐19 Quantity Value 57.03 LMT Rs. 12555.90 crore (FY‐2019‐20) (FY‐2019‐20) (16.51%) (4.84%) 48.95 LMT Rs. 11976.53 crore (FY‐2018‐19) (FY‐2018‐19) 39
Slide 40: Sale Quantity & Value of Traded Fertilizers
Sale Quantity & Value of Traded Fertilizers For FY 2019‐20 & 2018‐19 Quantity Value 20.87 LMT Rs. 3722.32 crore (FY-2019-20) (FY‐2019‐20) (52.41%) (111.02%) 9.89 LMT Rs. 2442.32 crore (FY‐2018‐19) (FY‐2018‐19) 40
Slide 41: Sale Value Breakup All Fertilizers % Sale FY 2019-20
Sale Value Breakup All Fertilizers % Sale FY‐2019‐20 NPK 10:26:26 Water 0.49% Bio Fertilizers Soluble Urea (Govt. A/C) Compost 0.08% 0.02% Fertilizers Imported NPK 0.01% Calcium 6.59% Bentonite Sulphur APS 12:32:16 Nitrate 0.83% 1.31% 0.17% 0.00% SSP Powder & Plain 0.04% MOP 1.48% DAP 18.81% Urea 70
Slide 42: Sale Value Breakup All Fertilizers % Sale (CPLY)
Sale Value Breakup All Fertilizers % Sale Cont.. CPLY Compost Bio Fertilizers 0.07% 0.02% Bentonite Sulphur Calcium Nitrate Urea (Govt. A/C) 0.09% 0.00% Imported 2.17% Water Soluble NPK 12:32:16 NPK 10:26:26 Fertilizers APS 1.89% 0.00% 0.00% 0.53% SSP Powder & Plain 0.00% MOP 0.00% DAP 15.73% Urea 7
Slide 43: Sale Breakup of All Fertilizers + Agri Related Business vs Industrial Product
Sale Breakup of All Fertilizers + Agri related Business Vs Industrial Product % Sale FY‐2019‐20 CPLY All Fertilizers + All Fertilizers + Agri Related Agri Related Business 1.64% Business 1.33% IP (Including IP (Including Technical Technical Surplus Surplus 98.67% Ammonia & 98.36% Ammonia & Carbon sl
Slide 44: Details of Expenses for the FY 2019-20
DETAILS OF EXPENSES FOR THE FY 2019‐20 44
Slide 45: Details of Expenses for FY 2019-20
Details of Expenses for FY 2019‐20 Particulars FY 2019-20 CPLY Increase/ Remarks (Decrease) Production of urea (LMT) 37.27 38.59 (1.32) Lower by 1.32 LMT Sale of urea (LMT) 36.08 38.98 (2.90) Lower by 2.90 LMT (Rs. crore) (Rs. crore) (Rs. crore) Cost of Materials consumed 4577.13 4738.34 (161.21) De
Slide 46: Purchase of Traded Goods (Qty. and Value)
Purchase of Traded goods (Qty. and Value) FY 2019-20 CPLY Increase/ Qty. (Decrease) Inc./ (Dec.) Particulars Value Value Qty. Qty. with CPLY with CPLY (Rs. crore) (Rs. crore) (Rs. crore) % DAP (LMT) 4.87 1282.16 8.13 2517.05 (3.26) (1234.89) MOP (LMT) 1.18 239.43 ‐ ‐ 1.18 239.43 APS (LMT) 0.52 109.5
Slide 47: Purchase Value and Quantity of Traded Fertilizers
Purchase Value and Quantity of Traded Fertilizers Quantity Value 18.66LMT Rs. 2219.72 crore (FY‐2019‐20) (FY‐2019‐20) (32.15%) (25.39 %) 14.12LMT Rs. 2935.94 crore (FY‐2018‐19) (FY‐2018‐19) 47
Slide 48: Urea Production, On Stream Days & Energy Consumption FY 2019-20
UREA PRODUCTION, ON STREAM DAYS & ENERGY CONSUMPTION FOR THE FY 2019‐20 48
Slide 49: Urea Production
UREA PRODUCTION Lakh MT FY 2019‐20 FY 2018‐19 Variance with CPLY Unit Actual Actual Nangal 5.75 5.41 0.34 Panipat 5.52 5.74 (0.22) Bathinda 5.63 5.84 (0.21) Vijaipur I 9.84 10.28 (0.44) Vijaipur II 10.53 11.32 (0.79) Total 37.27 38.59 (1.32) During the FY 2019‐20, production of 37.27 LMT of Urea l
Slide 50: Production of Urea Trend of 5 Years
Production of Urea trend of 5 years (Qty. in LMT) Production of Urea 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 Units Annual Annual Annual Annual Annual 5.47 5.02 5.43 5.41 5.75 NANGAL 5.67 5.43 5.60 5.74 5.52 PANIPAT 5.48 5.68 5.63 5.84 5.63 BATHINDA 9.92 10.58 10.50 10.28 9.84 VIJAIPUR- I 11.45 11.39
Slide 51: On-Stream Days Trend of 5 Years
On-Stream Days trend of 5 Years (No. of Days) Stream Days 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 Units Annual Annual Annual Annual Annual 342 316 334 331 349 NANGAL 348 334 342 347 335 PANIPAT 336 349 342 355 344 BATHINDA 328 349 346 343 330 VIJAIPUR- I 347 338 320 348 329 VIJAIPUR-II 51
Slide 52: Energy Consumption
ENERGY CONSUMPTION (GCAL/MT OF UREA) Energy Norms for Energy Norms for Actual Energy Units 2019‐20* 2018‐19** FY 2019‐20 FY 2018‐19 Nangal 7.065 7.083 6.722 6.728 Panipat 7.558 7.592 6.956 6.700 Bathinda 7.430 7.459 6.864 6.719 Vijaipur I 5.884 5.896 5.950 5.885 Vijaipur II 5.500 5.500 5.527 5.438
Slide 53: Energy Consumption Trend of 5 Years
ENERGY CONSUMPTION TREND OF 5 YEARS (GCAL/MT OF UREA) Units FY 2015‐16 FY 2016‐17 FY 2017‐18 FY 2018‐19 FY 2019‐20 Nangal 7.012 7.012 6.819 6.728 6.722 Panipat 7.259 7.112 6.762 6.700 6.956 Bathinda 7.003 6.924 6.859 6.719 6.864 Vijaipur I 5.750 5.784 5.753 5.885 5.950 Vijaipur II 5.410 5.364 5.372
Slide 54: Analysis of Finance Cost
Analysis of Finance Cost 54
Slide 55: Break Up of Total Finance Cost for FY 2019-20
BREAK UP OF TOTAL FINANCE COST FOR FY 2019‐20 (Rs. crore) The finance cost for the year ended March-2020 was Rs. 405.47 crore as compared to Rs. 316.36 crore during CPLY as per details below :- Particulars FY 2019-20 CPLY Increase/ (Decrease) Interest on Long Term Loans 12.85 8.78 4.07 Interest on w
Slide 56: Analysis of Finance Cost on Working Capital for FY 2019-20
ANALYSIS OF FINANCE COST ON WORKING CAPITAL FOR FY 2019‐20 Rs. crore Increase/ Particulars FY 2019-20 CPLY (Decrease) Interest on working capital Loans (excluding 287.28 240.72 46.56 interest on Imported trading activities) Interest on Imported Trading Activities 91.98 55.07 36.91 Other borrowing co
Slide 57: Steps Taken to Reduce Finance & Forex Cost
STEPS TAKEN TO REDUCE FINANCE & FOREX COST Company has adopted the strategy of borrowing through CP for a period of 30 to 90 days. During the year Company has issued Commercial Paper(83% of Total Borrowing) at interest in the range of 7.40% to 5.14%. Total Short term funds of Rs. 550 crore in th
Slide 58: Profit Variance Analysis for FY 2019-20
PROFIT VARIANCE ANALYSIS FOR FY 2019‐20 Company has earned profit before tax (Before Exceptional Item of Rs 388.85 crore) of Rs. 136.14 crore during FY 2019‐20 as against profit before tax of Rs. 463.37 crore during CPLY i.e. an decrease in profit by Rs. 327.23 crore (38%). PBT has decreased mainly
Slide 59: Performance for the Quarter March-2020
PERFORMANCE FOR THE QUARTER MARCH‐2020 59
Slide 60: Overall Performance (Quarter)
OVERALL PERFORMANCE (Rs. crore) S. Particulars Qtr. March- CPLY Increase/(decrease) No. 2020 Rs.Crore % 1 Total Revenue From Operations 3014.43 3133.21 (118.78) (4) 2 Total Expenses 2747.66 2854.58 (106.92) (4) 3 Earnings before interest, depreciation and 266.77 278.63 11.86 4 tax (EBITDA) (1-2) 3(a
Slide 61: Production, Purchase & Sale (Quarter)
PRODUCTION, PURCHASE & SALE LMT Particulars Qtr. March- CPLY Increase/(decrease) 2020 LMT % Urea Production 10.02 9.70 0.32 3 Urea Sale 8.63 9.40 (0.77) (8) DAP/ MOP/APS/ NPK/BS/Urea 1.82 5.86 (4.04) (68.94) (Govt A/c Imported) purchase DAP/ MOP/APS/ NPK/BS/Urea 4.56 4.41 0.15 3.40 (Govt A/c Importe
Slide 62: Sale Value & Quantity Break-up for the Quarter March-2020
SALE VALUE & QUANTITY BREAK‐UP FOR THE QUARTER MARCH‐2020 62
Slide 63: Sale Quantity and Value of Manufactured Fertilizers (Quarter)
Sale quantity and value of Manufactured Fertilizers (Urea & Products other than urea) Qtr. March-2020 CPLY Inc./ (Dec.) Particulars Value Value with CPLY Qty. Qty. (Rs.Crore) (Rs.Crore) (Rs.Crore) (A) Manufactured Fertilizers (urea) 1. Sales of urea 8.63 484.03 9.40 491.29 (7.26) 2. Subsidy on Urea
Slide 64: Sale Quantity and Value of Traded Fertilizers & Other Traded Goods (Quarter)
Sale quantity and value of Traded Fertilizers & Other Traded Goods Qtr. March-2020 CPLY Inc./ (Dec.) with Particulars Value Value CPLY Qty. Qty. (Rs.Crore) (Rs.Crore) (Rs.Crore) (C)Traded Fertilizers (C.1) Imported Fertilizers 1. DAP (LMT) 0.99 306.84 1.09 412.65 (105.81) 2. MOP (LMT) 0.19 45.72 ‐ ‐
Slide 65: Sale Quantity and Value of Industrial & Other Products (Quarter)
Sale quantity and value of Industrial & Other Products Qtr. March-2020 CPLY Inc./ (Dec.) with Particulars Value Value Qty. Qty. CPLY (Rs.Crore) (Rs.Crore) (Rs.Crore) D. Other Traded Goods (OTG) 1. Seeds (Quintals) 42329 13.55 9502 4.25 9.30 16419 0.70 47544 2.36 (1.66) 2. Agro Chemicals (Kgs/Ltrs.)
Slide 66: Zone Wise Sale of Urea for Quarter Ended 31st March 2020
Zone wise sale Urea (Including Imported Urea on Govt. A/c) For Qtr Ended 31st March 2020 (LAKH MT) Zonal Offices Jan – Mar 20 Jan – Mar 19 Increase/ (Decrease) Chandigarh Zone 3.82 4.63 (0.81) Bhopal Zone 3.15 4.39 (1.24) Lucknow Zone 3.51 3.68 (0.17) Hyderabad Zone* 1.28 - 1.28 TOTAL 11.76 12.70 (0
Slide 67: Details of Expenses for the Quarter March-2020
DETAILS OF EXPENSES FOR THE QUARTER MARCH‐2020 67
Slide 68: Details of Expenses for Qtr. March 20
Details of Expenses for Qtr. March 20 Particulars Qtr. CPLY Increase/ Remarks March- (Decrease) 2020 Production of urea (LMT) 10.02 9.70 0.32 Higher by 0.32 LMT Sale of urea (LMT) 8.63 9.40 (0.77) Lower by 0.77 LMT (Rs. (Rs. (Rs. Crore) Crore) Crore) Cost of Materials Due to increase in production b
Slide 69: Production, On Stream Days & Energy Consumption for the Quarter
PRODUCTION, ON STREAM DAYS & ENERGY CONSUMPTION FOR THE QUARTER MARCH‐2020 69
Slide 70: Urea Production (Quarterly)
UREA PRODUCTION (Quarterly) Lakh MT Jan‐March CPLY Variance with CPLY Unit 2020 Actual Actual Nangal 1.47 1.44 0.03 Panipat 1.37 1.51 (0.14) Bathinda 1.53 1.40 0.13 Vijaipur I 2.67 2.65 0.02 Vijaipur II 2.98 2.70 0.28 Total 10.02 9.70 0.32 Production of Urea during the quarter was higher at all un
Slide 71: Production of Urea in 4th Quarter in Preceding 5 Years
Production of Urea in 4th Quarter in Preceding 5 years (Qty. in LMT) Production of Urea for the 4th Quarter (Jan to March) 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 Units Q4 Q4 Q4 Q4 Q4 NANGAL 1.27 1.19 1.15 1.44 1.47 PANIPAT 1.43 1.44 1.18 1.51 1.37 BATHINDA 1.50 1.38 1.50 1.40 1.53 VIJAIPUR- I 2.59
Slide 72: On-Stream Days for the 4th Quarter in Preceding 5 Years
On-Stream Days (for the 4th Quarter in Preceding 5 Years) (No. of Days) Stream Days for the 4th Quarter (Jan to March) 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 Units Q4 Q4 Q4 Q4 Q4 NANGAL 79 75 75 86 90 PANIPAT 86 88 71 90 81 BATHINDA 89 83 90 85 91 VIJAIPUR- I 84 85 89 90 91 VIJAIPUR-II 91 80 88 84
Slide 73: Energy Consumption (Quarter)
ENERGY CONSUMPTION (GCAL/MT OF UREA) Energy Norms for Energy Norms for Actual Energy Units 2019‐20 2018-19 Jan‐March Jan‐March 2020 2019 Nangal 7.065 7.083 6.640 6.841 Panipat 7.558 7.592 6.831 6.720 Bathinda 7.430 7.459 6.812 6.792 Vijaipur I 5.884 5.896 5.805 5.669 Vijaipur II 5.500 5.500 5.414 5.
Slide 74: Break Up of Total Finance Cost for Qtr. March 2020
BREAK UP OF TOTAL FINANCE COST FOR Qtr. March 2020 (Rs. crore) Particulars Qtr. CPLY Increase/ March 2020 (Decrease) Interest on Long Term Loans (ECB) 3.06 3.05 0.01 Interest on working capital Loans 73.07 66.19 6.88 (excluding interest on fertilizer trading activities) Other borrowing costs (CP rel
Slide 75: Analysis of Finance Cost on Working Capital for Qtr. March 2020
ANALYSIS OF FINANCE COST ON WORKING CAPITAL FOR Qtr. March 2020 Rs. crore Increase/ Particulars Qtr March,2020 CPLY (Decrease) Interest on working capital Loans (excluding 73.07 66.19 6.88 interest on trading activities) Interest on Trading Activities 13.88 19.23 (5.35) Other borrowing costs (CP rel
Slide 76: Segment Results for FY 2019-20
SEGMENT RESULTS FOR FY 2019‐20 76
Slide 77: Segment Results
SEGMENT RESULTS (Rs. crore) Particulars FY 2019-20 FY 2018-19 Segment Revenue Own Fertilizers (Urea, BS and Bio-fertilizers) 9111.69 9718.10 69.37% 78.19% Fertilizer Trading 3763.89 2442.32 28.65% 19.65% Other Products and services 259.78 268.71 1.98% 2.16% Total 13135.36 12429.13 Segment Results {P
Slide 78: Sale Breakup Segment Wise
Sale Breakup Segment wise‐Urea/Traded goods/Industrial Product & Others Product & Services (Value & % Sale) FY‐2019‐20 FY‐2018‐19 Other Products Fertilizer Other & Trading , Products Fertilizer services, Rs & services, Trading , Rs 268.71, 3,763.89, Rs 259.78, Rs 2.16% 28.65% 1.98% 2,442.32, 19.65%
Slide 79: New Projects and Other Activities
NEW PROJECTS AND OTHER ACTIVITIES 79
Slide 80: Projects and Other Activities Status
Projects and Other Activities status Company has contributed Rs. 447.63 crore upto 30.06.2020 towards equity in its JV Company (RFCL. Company has entered into a manpower management consultancy agreement with RFCL where in the company shall provide manpower management consultancy to RFCL for a pe
Slide 81: Overview of Ramagundam Project
Overview of Ramagundam Project (Being executed by RFCL) Joint Venture of NFL, Engineers India Limited (EIL) & Fertilizers Corporation of India Limited (FCIL) is undertaking the revival of Ramagundam unit of FCIL through RFCL Plant Capacity Ammonia Plant : 2200 MTPD (0.726 MMTPA) Urea Plant : 3850
Slide 82: Thank You
THANK YOU 82
National Fertilizers — FY2019-20 Earnings Presentation on 6ix