Chemfab Alkalis Ltd. · NSE:CHEMFAB
Chemfab Alkalis — Q4 FY25 Earnings Presentation
39 slides from Chemfab Alkalis's earnings presentation, May 15, 2025
Slide 1: Exchange submission letter for investor presentation
REF: CHEMFAB/SEC/2025-26 15 th May, 2025 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department The Manager, Listing Department Phiroze Jeejeebhoy Towers, “Exchange Plaza” Dalal Street, Bandra - Kurla Complex, Bandra (E) Mumbai- 400 001. Mumbai - 400 051 BSE – Scrip C
Slide 2: Investor Presentation Q4 & FY25 – May 2025
CHEMFAB A LKA LIS LIMITED Investor Presentation Q4 & FY25 – MAY 2025
Slide 3: Disclaimer
Disclaimer This document which has been prepared by Chemfab Alkalis Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe any securities, and shall not form the basis or be relied on in connection with any cont
Slide 4: Introducing Chemfab Alkalis Limited
INTRODUCTION Introducing As India's first adopter of membrane cell technology in 1985, the Chemfab Alkalis Company has established itself as one of the leading caustic soda manufacturer with 65,700 TPA capacity. Since 2018, the Company strategically expanded into manufacturing Oriented Poly Vinyl Li
Slide 5: Innovation & Sustainability Milestones
INTRODUCTION 2024 2014 2017 • MAJOR OPVC EXPANSION: Innovation & FIRST IN INDIA: ZERO-WASTE INNOVATION: Commissioned Lines 3 & Line 4 increasing • Upgraded to BiTAC® electrolysers, Patented a process to convert product range from 110 mm upto 630 further enhancing production brine sludge into bricks/
Slide 6: Steering Chemfab’s Growth and Innovation
INTRODUCTION Steering Chemfab’s Growth and Innovation Mr. Suresh Krishnamurthi Rao Mr. V.M. Srinivasan Mr. Prasath S Chairman CEO CFO Provides strategic leadership and Leads Chemfab's growth journey Ensures financial discipline, vision, backed by decades of industry through a strong focus on long-te
Slide 7: Chlor Alkali Business
01 Chlor Alkali Business Q4 & FY25 – MAY 2025
Slide 8: Our Chlor Alkali Portfolio
CH LO R A LK A LI B USINESS Our Chlor Alkali Portfolio OUR CHLOR-ALKALI DIVISION AT PUDUCHERRY, MANUFACTURES SIX ESSENTIAL CHEMICAL PRODUCTS POWERING MULTIPLE INDUSTRIES WHILST CONSISTENTLY IMPLEMENTING CUTTING-EDGE GREEN TECHNOLOGIES. Caustic Soda Lye Caustic Soda Flakes Liquid Chlorine K E K E K E
Slide 9: Our End-to-End Manufacturing Infrastructure
CH LO R A LK A LI B USINESS Our End-to-End Manufacturing Infrastructure OUR PUDUCHERRY FACILITY STANDS AS THE CORNERSTONE OF OUR CHEMICAL BUSINESS WITH 65,700 TPA CAUSTIC SODA CAPACITY. THIS TECHNOLOGICALLY ADVANCED PLANT MAINTAINS INDUSTRY -LEADING UTILISATION RATES WHILE DEMONSTRATING OUR ENVIRONM
Slide 10: Our Vertical Integration Strategy
CH LO R A LK A LI B USINESS Our Vertical Strategic Rationale Scale Integration B • Secure high-quality raw material F • Address negative chlorine realisations B • Total salt holdings: 2,370+ acres F • Capacity: 10,000 TPA Strategy • Insulate from • Create value-added • Kanthadu: Aluminium Chloride m
Slide 11: Strategic Upgrades Underway
CH LO R A LK A LI B USINESS Strategic Upgrades Underway OUR STRATEGIC INITIATIVES FOCUS ON ENHANCING OPERATIONAL EFFICIENCY AND REDUCING COSTS IN OUR CAUSTIC SODA BUSINESS THROUGH TARGETED INVESTMENTS IN TECHNOLOGY MODERNISATION AND POWER OPTIMISATION. ASPECT TECHNOLOGY MODERNISATION POWER EFFICIENC
Slide 12: Caustic Soda Price Trends
CH LO R A LK A LI B USINESS Average Yearly CCAL ECU Prices vs Caustic Soda Import Prices Caustic Soda (FY 21- FY 25) Price Trends 60,000 59,638 750 700 55,000 650 650 600 50,000 550 45,177 45,000 500 510 39,997 490 450 39,495 40,000 400 425 350 35,000 32,681 300 30,000 275 250 FY21 FY22 FY23 FY24 FY
Slide 13: Historical Segmental Performance
CH LO R A LK A LI B USINESS Historical Segmental Performance Chemical & Related Products Revenue Profit Before Interest and Tax (₹ IN CR ORES) (₹ IN CR ORES) FY25 190.64 FY25 -5.20 FY24 201.49 FY24 12.09 FY23 292.95 FY23 90.38 FY22 225.75 FY22 42.79 FY21 134.12 FY21 1.35 Capital Employed Return on C
Slide 14: OPVC Pipes Business
02 OPVC PIPES Business Q4 & FY25 – MAY 2025
Slide 15: Pioneering Advanced Water Infrastructure for a Sustainable India
O PV C PIPES BU SINESS Pioneering IN 2018, CHEMFAB ALKALIS LIMITED (CCAL) STRATEGICALLY DIVERSIFIED Advanced Water INTO THE MANUFACTURING OF ORIENTED POLY VINYL CHLORIDE (OPVC) PIPES, POSITIONING ITSELF AT THE FOREFRONT OF INDIA'S EVOLVING WATER INFRASTRUCTURE LANDSCAPE. OPVC PIPES, A NEW -GENERATIO
Slide 16: OPVC Pipes: The Future of Water Infrastructure
O PV C PIPES BU SINESS OPVC Pipes: The Future of Water Infrastructure ORIENTED POLY VINYL CHLORIDE (OPVC) PIPES REPRESENT A SIGNIFICANT LEAP FORWARD IN WATER INFRASTRUCTURE TECHNOLOGY, OFFERING SUPERIOR PERFORMANCE, COST -EFFECTIVENESS, AND SUSTAINABILITY COMPARED TO TRADITIONAL DUCTILE IRON (DI) PI
Slide 17: OPVC's Journey in Reshaping Indian Infrastructure
O PV C PIPES BU SINESS OPVC's Journey 2017 MILESTONE IMPACT in Reshaping INTRODUCTION of BIS IS First national standard aligning with 16647:2017 for OPVC Pipes ISO 16422, enabling mass production Indian Infrastructure 2018-19 MILESTONE IMPACT Few early manufacturers Industry opens up to a new produc
Slide 18: Increasing Acceptance across the Country
O PV C PIPES BU SINESS Increasing Acceptance across the Country State-wise Year of Acceptance 2017 2018 2019 2021 2022 2023 2024 West Chhattisgarh Bengal Telangana Assam Andhra Tamilnadu Pradesh Maharashtra Goa Karnataka Madhy a Kerala Rajasthan Pradesh Pondicherry Other Key Developments OPVC pipes
Slide 19: Growth Drivers – Jal Jeevan Mission
O PV C PIPES BU SINESS Growth Drivers – Budgetary Allocation Jal Jeevan Mission 2024-25 ₹22,694 crore allocated 2025-26 ₹67,000 crore allocated (against original allocation ₹70,000 crore) Launch & Objectives Launched Aim 15th August 2019 Provide Functional Household Tap Connections (FHTCs) to every
Slide 20: Growth Drivers - Jal Jeevan Mission
O PV C PIPES BU SINESS Growth Drivers - Jal Jeevan Mission Extension and Future Plans Tap water supply in Households (HHs) India As on 15/08/2019 As on 22/03/2025 • Mission extended till 2028 to cover remaining 20% rural households • Focus on improving infrastructure quality and ensuring operation a
Slide 21: Growth Drivers – AMRUT 2.0
O PV C PIPES BU SINESS Growth Drivers – AMRUT 2.0 Objectives Driving OPVC Pipes Demand AMRUT 2.0 THE ATAL MISSION FOR REJUVENATION AND URBAN Universal Sewerage TRANSFORMATION (AMRUT) 2.0, LAUNCHED ON 1 OCTOBER 2021, Water Coverage and Septage IS A SIGNIFICANT CATALYST FOR OPVC PIPES ADOPTION IN 100%
Slide 22: The Backbone of our OPVC Pipes Scale & Capabilities
O PV C PIPES BU SINESS The Backbone of our Scale & Capabilities OPVC Pipes Leadership 4 operational First Indian Highly automated lines (14,000 TPA Manufacturer facility requiring capacity)-India’s producing pipes just 10 permanent Sri City Plant, Andhra Largest upto 630 mm staff per shift on Prades
Slide 23: Our Global Technology Advantage
O PV C PIPES BU SINESS Our Global Technology Advantage CHEMFAB ALKALIS LIMITED LEVERAGES CUTTING -EDGE TECHNOLOGY FROM GLOBAL LEADER MOLECOR TO PRODUCE HIGH-QUALITY OPVC PIPES, POSITIONING ITSELF AT THE FOREFRONT OF INDIA'S WATER INFRASTRUCTURE REVOLUTION. Key Technological Advantage The partnership
Slide 24: Capacity Expansion Roadmap in Sri City
O PV C PIPES BU SINESS Capacity Expansion Roadmap in Sri City Q4FY26 Operational Line - 07 Q3FY26 Cumulative Capacity (TPA) – 23,000 Q2FY26 Operational Line - 06 Incremental Capacity Cumulative Capacity (TPA) – 3,000 Operational Line - 05 (TPA) – 20,000 2024-25 Capex Incurred Cumulative Capacity Inc
Slide 25: Unit Economics of CAPEX
O PV C PIPES BU SINESS Unit Economics of CAPEX Unit Economics Strategic Insights of Line Additions Per Line Capacity 2,500-3,000 T PA, depending on size of pipe man ufactured Revenue Potential per Line ₹45-50 crore at full utilisation depending on the m ix o f s ize of pipe Rapid Scale-Up Capacity a
Slide 26: Historical Segmental Performance
O PV C PIPES BU SINESS Historical Segmental Performance OPVC Revenue Profit Before Interest and Tax (₹ IN CR ORES) (₹ IN CR ORES) FY25 131.45 FY25 31.95 FY24 125.79 FY24 31.47 FY23 38.41 FY23 0.88 FY22 45.84 FY22 -2.59 FY21 46.69 FY21 3.21 Capital Employed Return on Capital Employed (₹ IN CR ORES) (
Slide 27: Financial Highlights
03 Financial Highlights Q4 & FY25 – MAY 2025
Slide 28: Summary of Standalone - Profit & Loss Statement
FINA NCIA L H IGH LIGH TS Summary of Standalone - Profit & Loss Statement (₹ IN CRORES) PARTICULARS FY21 FY22 FY23 FY24 FY25 REVENUE FROM OPERATION 180.81 271.59 331.36 327.29 322.09 OPERATIONAL EBITDA 23.41 56.73 112.20 57.62 53.29 EBITDA MARGIN % 12.94% 20.89% 33.86% 17.61% 16.54% OTHE R INCOME 1.
Slide 29: Summary of Standalone - Balance Sheet
FINA NCIA L H IGH LIGH TS Summary of Standalone - Balance Sheet (₹ IN CRORES) PARTICULARS FY21 FY22 FY23 FY24 FY25 A SSETS NON-CURR ENT A SSETS 259.94 259.58 289.17 411.56 472.19 NE T BL OCK (EXCL UDING RO U) 197.48 187.32 184.17 174.63 242.25 CAPITAL WORK-IN-PROGRESS 4.58 7.32 13.69 57.20 11.70 CUR
Slide 30: Summary of Standalone - Cash Flow Statement
FINA NCIA L H IGH LIGH TS Summary of Standalone - Cash Flow Statement (₹ IN CRORES) PARTICULARS FY21 FY22 FY23 FY24 FY25 CASH FLOW FROM OPE RATING ACTIVITIES 45.55 55.18 96.85 52.09 60.92 CASH FLOW FROM INVESTING AC TIVITIES (6.54) (21.29) (51.87) (130.48) (107.16) CASH FLOW FROM FINANCIN G ACTIVITI
Slide 31: Strategic Way Forward
04 Strategic Way Forward Q4 & FY25 – MAY 2025
Slide 32: Our Blueprint for Sustained Growth
S T R A TE G I C W A Y F O R W A R D Our Blueprint for Sustained Growth OPVC Pipes Business Chlor-Alkali Business Optimisation CAPACITY TECHNOLOGICAL MARKET OPERATIONAL EXPANSION IN OPVC EXCELLENCE PENETRATION AND EFFICIENCY PIPES DEMAND VISIBILITY Investing ₹60 crore in • Leveraging strategic • Mai
Slide 33: Quarterly Highlights
05 Quarterly Highlights Q4 & FY25 – MAY 2025
Slide 34: Management Commentary
Q UA RT E R LY H I G H LI G H T S Management Commentary I am pl eased to sha re an update on Chemfab Alkal is Limited ’s On the Pipes front, the sec ond half of FY25 sa w a temporary performa nce and outlook as we conclude FY25 and look ahead moderation in sal es, attri butab le to delayed g overnme
Slide 35: Segmental KPI’s
Q UA RT E R LY H I G H LI G H T S Segmental KPI’s Chlor Alkali Segment REVENUE FROM OPERATION EBITDA EBITDA MARGINS ECU Realisations (₹ IN CR ORES) (₹ IN CR ORES) (IN %) (₹ IN CR ORES) (IN ₹) Q4FY25 56.31 Q4FY25 5.32 Q4FY25 9.44% Q4FY25 42386 Q3FY25 44.75 Q3FY25 1.84 Q3FY25 4.10% Q3FY25 38290 Q4FY24
Slide 36: Summary of Profit & Loss (Chlor Alkali & OPVC)
Q UA RT E R LY H I G H LI G H T S Summary of Profit & Loss (Chlor Alkali & OPVC) (₹ IN CRORES) Y-O-Y Q-O-Q PARTICULARS Q4FY25 Q4FY24 Q3FY25 CHANGE CHANGE REVENUE FROM OPERATION 87.85 82.30 7% 79.21 11% OPERATIONAL EBITDA 15.68 13.16 19% 14.49 8% OPERATIONAL EBITDA MARGIN % 17.85% 16.00% 185 bps 18.2
Slide 37: Summary of Profit & Loss – Chlor Alkali Segment
Q UA RT E R LY H I G H LI G H T S Summary of Profit & Loss – Chlor Alkali Segment (₹ IN CRORES) Y-O-Y Q-O-Q PARTICULARS Q4FY25 Q4FY24 Q3FY25 CHANGE CHANGE REVENUE FROM OPERATION 56.31 47.18 19% 44.75 26% EBITDA 5.32 2.52 111% 1.84 189% EBITDA MARGIN % 9.44% 5.34% 410 bps 4.10% 534 bps OTHE R INCOME
Slide 38: Summary of Profit & Loss – OPVC Segment
Q UA RT E R LY H I G H LI G H T S Summary of Profit & Loss – OPVC Segment (₹ IN CRORES) Y-O-Y Q-O-Q PARTICULARS Q4FY25 Q4FY24 Q3FY25 CHANGE CHANGE REVENUE FROM OPERATION 31.53 35.12 (10%) 34.46 (8%) EBITDA 10.37 10.64 (3%) 12.65 (18%) EBITDA MARGIN % 32.88% 30.31% 257 bps 36.71% (382) bps OTHE R INC
Slide 39: Thank You – Contact Us
C ON TACT US CHEMFAB ALKALIS LIMITED TIL ADVISORS PRIVATE LIMITED COMPANY SECRETARY Abhishek Mehra & COMPLIANCE OFFICER INVESTOR RELATIONS TEAM House, GST Salai, CONSULTANT Thank Vandalur, CHENNAI 600048 +91 95588 14500 ccalcosecy@ccal.in abhishek@theinvestmentlab.in You Q4 & FY25 – MAY 2025