Chambal Fertilisers & Chemicals Ltd. · NSE:CHAMBLFERT
Chambal Fertilisers & Chemicals — Q4 FY2021 Earnings Presentation
24 slides from Chambal Fertilisers & Chemicals's earnings presentation, May 10, 2021
Slide 1: Exchange filing cover letter
CHAMBAL FERTILISERS AND CHEMICALS LIMITED May 10, 2021 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, 25th Floor, Dalal Street Sandra Kurla Complex, Mumbai - 400 001 Sandra (E) Mumbai - 400 051 Dear Sir, Pursuant to Regulation 30 of the S
Slide 2: Chambal Fertilisers and Chemicals Limited Investor presentation
Chambal Fertilisers and Chemicals Limited Investor presentation 31st March 2021 Page of 23
Slide 3: Disclaimer
Disclaimer The following slides may contain “forward looking statements” including, statements relating to the implementation of strategic initiatives by Chambal Fertilisers and Chemicals Limited (“CFCL” or “Chambal” or “Company”) and future business developments and economic performance. While
Slide 4: Highlights for Q4 and FY21
Highlights for Q4 and FY 21 Page 3 of 23
Slide 5: Key business developments: FY21
Key business developments: FY21 Highest ever EBIDTA, PBT and PAT due to robust operating performance in FY 2020-21 Increase in sales of DAP, MOP and NPK Higher production and sales of UREA and better efficiency Additional allocation of Rs 62,600 crore fertiliser subsidy by Govt. of India - Reduc
Slide 6: Urea production and sales: Q4 and Year End (FY20 vs FY21)
Urea production and sales : Q4 and Year End (FY20 vs FY 21) Gadepan I & II Plants 20.76 21.05 19.96 18.89 • The plants operated 5.34 4.82 at optimal capacity. 3.96 4.01 • During FY 20‐21 Energy of all three Q4 FY20 Q4 FY21 FY20 FY21 plants was better in Urea Production Urea Sales comparison to the p
Slide 7: Non urea fertiliser sales volumes continue to grow
Non urea fertiliser sales volumes continue to grow : Q4 and Year End (FY20 vs FY21) DAP Sales MOP Sales NPK Sales 12.80 • In line with CFCL’s strategy of enhancing thrust on non urea fertilisers, sales of 9.58 DAP, NPK and MOP fertilisers grew strongly in the year. • Sales of P&K fertilisers through
Slide 8: Financial overview Q4 and Year End (FY20 vs FY21) - Standalone
Financial overview Q4 and Year End (FY20 vs FY21)‐ Standalone Revenue (INR Crore) Urea Non Urea EBITDA (INR crore) Margin % 19.8% 16.8% 4,059 5,367 8,145 7,350 2,526 2,082 334 136 12.3% 18.7% 246 301 1,633 1,503 Q4 FY 20 Q4 FY 21 FY 20 FY21 Q4 FY20 Q4 FY21 FY20 FY21 * Before exceptional items • Reve
Slide 9: Financial overview Q4 and Year End (FY20 vs FY21) - Standalone
Financial overview Q4 and Year End (FY20 vs FY21)‐ Standalone PAT ( INR crore)* Margin % 10.1% PBT ( INR crore)* Margin % 15.3% 7.1% 10.4% 1,286 1,959 880 1,292 3.1% 5.4% 7.8% 11.1% 61 178 109 126 Q4 FY 20 Q4 FY 21 FY 20 FY21 Q4 FY 20 Q4 FY 21 FY 20 FY21 * Excluding one time deferred tax credit * Be
Slide 10: Detail of Other Income and Other Expenses (Standalone)
Detail of Other Income (Standalone) (INR Crore) Particulars Q4 FY 20 Q4 FY 21 FY 20 FY 21 Dividend Income ‐ ‐ 71.83 25.48 Mark to Market & Exchange rate variation 14.91 (45.38) 30.38 (1.08) Insurance Claim Received 3.65 1.91 28.73 11.67 Other Miscellaneous Income 10.40 10.04 48.40 23.82 Total 28.96
Slide 11: P&L overview (Standalone) - Continued Operations
P&L overview (Standalone) ‐ Continued Operations Total Income (INR Crore)* EBITDA before exceptional items (INR Crore) Margin (%) 12,385 12,779 19.8% 10,236 2,526 16.8% 2,082 7,609 7,618 13.2% 12.1% 12.3% 1,354 924 933 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 • Revenue increase/decrease is
Slide 12: Equity and Borrowings (Standalone)
Equity and Borrowings (Standalone) Total Shareholder Funds (INR crore) Equity Reserves Total 5,292 4,876 3,916 3,240 3,500 2,535 2,482 2,898 2,824 2,119 416 416 416 416 416 FY17 FY18 FY19 FY20 FY21 Debt (INR crore) – Continued Operations FY17 FY18 FY19 FY20 FY21 Long Term 1,075 3,157 4,383 4,680 3,8
Slide 13: Fixed Assets, Receivables and Capital Employed (Standalone)
Fixed Assets, Receivables and Capital Employed (Standalone) – Continued Operations Fixed Assets (INR crore) Capital Employed (INR crore) 6,955 6,786 6,641 13,530 11,785 5,298 8,507 9,140 6,688 2,806 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Receivables ( INR Crore) Subsidy Received (INR Cror
Slide 14: Financials Ratios (Standalone) - Continued Operations
Financials Ratios (Standalone) – Continued Operations ROE (%) RoCE (%) ‐ Before Exceptional Items 24.3% 24.5% 22.5% 16.4% 16.8% 12.9% 13.3% 17.1% 10.2% 10.5% FY17 FY18 FY19 FY20* FY21* FY17 FY18 FY19 FY20 FY21 Dividend Per Share Dividend Payout (%) 7.5 24.3% 21.9% 22.8% 20.0% 18.4% 4.0 1.9 1.9 2.0 F
Slide 15: Financials Ratios (Standalone) - Continued Operations
Financials Ratios (Standalone) – Continued Operations Total Debt to Equity (times) Debt to EBIDTA 2.6 2.5 5.6 5.8 1.9 1.6 3.9 4.0 0.7 1.5 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Interest Coverage Ratio Debt Service Coverage Ratio 2.8 8.1 2.3 2.1 1.8 1.8 5.8 5.0 3.5 3.6 FY17 FY18 FY19 FY20
Slide 16: Chambal - Overview
Chambal – Overview Page 15 of 23
Slide 17: About Chambal
About Chambal One of the largest Agri‐Products Company in India . Strong Balance Sheet, Zero short term debt and financially sound Highly experienced management team with strong track record Selling a portfolio of products valuing over Rs. 12,500 crore annually Largest single site Urea manufacturer
Slide 18: Chambal value proposition
Chambal value proposition Quality of Management Scale of manufacturing Strong Brand and Channel operations connect Market potential Distribution and reach Emphasis on sustainability Intense focus on cost and environmental leadership protection Page 17 of 23
Slide 19: Scale of manufacturing operations with cost leadership
Scale of manufacturing operations with cost leadership Three plants of the Company located at Gadepan in Kota district of Rajasthan Annual production of more than ~3.3 million MT of urea Company accounts for over 13% of the total urea produced in the country Gadepan ‐ I Ammonia Plant with a ca
Slide 20: Distribution and Reach
Distribution and Reach (other than new territories) Unparalleled reach Deeply entrenched in 9 states and 1 dealer and union territory distribution network and brand Jammu REGIONAL across North, Western and association built over Chandigarh Karnal OFFICES Bathinda Central India. decades Hisar Agra Ja
Slide 21: Strong Brand and Channel Connect
Strong Brand and Channel Connect SALES PATTERN 2020‐21 CFCL enjoys long standing dealer and retailer partnerships developed over two decades MARKET SHARE STATE UREA DAP MOP CFCL’s brand Uttam is the preferred brand amongst farmers in Punjab, Haryana, Bihar 10% 12% 28% Rajasthan, Madhya Pradesh and J
Slide 22: Market Potential
Market Potential FOOD BELT; LARGELY IRRIGATED – LOWER CONSUMPTION VARIABILITY Bihar Chhattisgarh Haryana J&K 7.5 5.7 6.5 1.16 1.8 0.5 72% 31% 92% 43% 5.4 6 Madhya Pradesh Punjab Rajasthan Uttar Pradesh 25 7.8 25 26.9 11.4 10.6 46% 99% 42% 80% 21.6 7.7 Gross Cultivated Area mha Gross Irrigated Area m
Slide 23: Environment and Sustainability
Environment and Sustainability • Sustainability is an integral part of Chambal’s corporate philosophy. • Consumption of fresh water per MT of urea manufactured is the lowest in fertilizer industry in India. • The company uses only harvested rain water in operations. • The Company follows the concept
Slide 24: Contact Us
Contact Us For queries and requests, please contact: Abhay Baijal, CFO Gavin Desa / Rishab Barar Chambal Fertilisers and Chemicals Limited CDR India Tel: +91 11 4169 7900 Tel: +91 22 6645 1237 / 1235 Email: abhay.baijal@chambal.in Email: gavin@cdr‐india.com Company Website : www.chambalfertilisers.c
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