Himadri Speciality Chemical Ltd. · NSE:HSCL
Himadri Speciality Chemical — Q2 FY21 Earnings Presentation
30 slides from Himadri Speciality Chemical's earnings presentation, Nov 11, 2020
Slide 1: Exchange filing cover letter
Ref. No: HSCL / Stock-Ex/2020-21/75 Date: 11/11/2020 E-mail: monika@himadri.com Ref :Listing Code: 500184 Ref: Listing Code: HSCL BSE Limited National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, C-1, Block-G P. J. Towers, 25th Floor, Bandra Kuria Complex, Dalai Stree
Slide 2: Investor Presentation Q2FY21
INVESTOR PRESENTATION Q2FY21
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Himadri Speciality Chemical Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Standalone Performance Highlights
Standalone Performance Highlights Business is starting to return back to normalcy Sales Volume (MT) Revenue (Rs. In Crs) EBITDA (Rs. In Crs) Rs. In Crs 83,938 389 48 364 73,423 40 63,084 258 6 Q4FY20 Q1FY21 Q2FY21 Q4FY20 Q1FY21 Q2FY21 Q4FY20 Q1FY21 Q2FY21 Production is ramping up and Realisations ch
Slide 5: Sales Volume
Sales Volume Demand Scenario Sales Volume (MT) • Coal Tar Pitch: Aluminium manufacturing being a continuous process, its demand remained largely inelastic; graphite Business is progressively getting back to normal & electrode’s production suffered volumes are picking up again • Carbon Black: Tyre in
Slide 6: Debt at Comfortable level
Debt at Comfortable level Net Debt Long Term Borrowings 233 Strong Balance Sheet and Sufficient Financial 223 flexibility even in these tough times… 210 200 Rs. in Crs 193 188 1,118 1,030 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Sep-20 805 717 Net Debt / Equity 629 491 0.87x 430 463 0.67x 0.43x 0.26x 0.28
Slide 7: Standalone Profit & Loss
Standalone Profit & Loss Particulars (In Rs. Crs) Q2FY21 Q2FY20 Y-o-Y (%) Q1FY21 Q-o-Q H1FY21 H1FY20 Y-o-Y (%) Revenue from Operations 389.24 487.19 -20% 257.87 51% 647.11 1,010.87 Raw Material 277.64 320.86 192.30 469.94 657.54 Gross Profit 111.60 166.33 -33% 65.57 70% 177.17 353.33 Employee Cost 1
Slide 8: Standalone Balance Sheet
Standalone Balance Sheet Particulars (in Rs. Crs.) Sep’20 Mar’20 Particulars (in Rs. Crs.) Sep’20 Mar’20 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,683.62 1,639.66 EQUITY 1,687.53 1,651.51 Property, Plant and Equipment 1,343.55 1,360.76 Equity Share Capital 41.88 41.88 Capital work-in-progre
Slide 9: Consolidated Profit & Loss
Consolidated Profit & Loss Particulars (In Rs. Crs) Q2FY21 Q2FY20 Y-o-Y (%) Q1FY21 Q-o-Q H1FY21 H1FY20 Y-o-Y (%) Net Revenue From Operations 389.24 487.19 -20% 257.87 51% 647.11 1,011.66 Cost of Materials Consumed 271.69 322.02 194.10 465.79 656.96 Gross Profit 117.55 165.17 -29% 63.77 84% 181.32 35
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (in Rs. Crs.) Sep’20 Mar’20 Particulars (in Rs. Crs.) Sep’20 Mar’20 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,769.98 1,725.98 EQUITY 1,771.62 1,733.70 Property, Plant and Equipment 1,421.95 1,438.88 Equity Share Capital 41.88 41.88 Capital work-in-prog
Slide 11: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Crs.) Sep-20 Sep-19 Sep-20 Sep-19 Profit Before Tax 12.48 175.48 13.83 168.17 Adjustments for: Non -Cash Items / Other Investment or 35.31 36.56 36.03 41.99 Financial Items Operating profit before working capital changes 47.79 212.04 49.86
Slide 12: Credit Rating Reaffirmed
Credit Rating Reaffirmed Non-Convertible Long Term Bank Long Term Bank /Short Commercial Paper Debenture Issue Facilities Term Bank Facilities ₹ 150 Crores ₹ 48.68 Crores ₹ 1,625 Crores ₹ 300 Crores CARE AA- ; Stable CARE AA- ; Stable CARE AA- ; Stable / CARE CARE A1+ A1+ (Double A minus; Outlook: (
Slide 13: Awards & Accolades
Awards & Accolades » Recognized as the Fastest Growing Company in ET Bengal Corporate Awards 2020 » Identified as Growth Champions(Ranked #76) in Economic times-Statista inaugural edition of India's Growth Champions 2020 by Economic Times (2020) » Gold Award for the Year in Safety Practices by Green
Slide 14: Long Term Value Protected
Long Term Value Protected Vertically integrated leading 01 Carbon Corporation 02 Portfolio Transformation 03 Strong Research & Development 04 Future Strategy 13
Slide 15: Most Integrated Speciality Carbon Corporation Globally
Most Integrated Speciality Carbon Corporation Globally 2010 2020 » Coal tar pitch – Binder grade » Aluminium Grade Pitch » Heavy Creosote Oils » Coal tar pitch – Impregnating » Graphite Grade Binder Pitch » Anthracene Oil/Carbon Black » Graphite Grade Zero QI Oil/ CT Oil » Carbon Black (Quinolene In
Slide 16: Portfolio Transformation
Portfolio Transformation From Carbon Black Most Integrated to Speciality Carbon Corporation Globally Speciality Carbon Black From Coal Tar to Advance Carbon Material From Naphthalene Transformation towards To Sulphonated High Value Products Naphthalene Formaldehyde 15
Slide 17: Strong Research & Development
Strong Research & Development 4 An New brands introduced with multiple grades catering to Innovation different application segments of Speciality Carbon Black Mindset 7% Reduction in energy consumption in certain processes World Class Laboratory Techno- Continuous 11% Commercial Increased productivi
Slide 18: Future Strategy
Future Strategy High Value Right Capacity Strong Clientele Product Pipeline Product Strategic Strong R&D Leadership Location Global Diversified End Management Cutting Edge Markets Team Technologies 17
Slide 19: Financial Performance
ass Ps Financial Performance p ~ Tih 18
Slide 20: Consolidated Profit & Loss
Consolidated Profit & Loss Particulars (In Rs. Crs) FY20 FY19 Y-o-Y (%) Net Revenue From Operations 1,806 2,422 -25% Cost of Materials Consumed 1,224 1,600 Gross Profit 582 822 -29% Employee Benefits Expense 74 60 Other Expenses 213 200 EBITDA 294 563 -48% Other Income 8 8 Foreign Exchange Fluctuati
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (in Rs. Crs.) Mar’20 Mar’19 Particulars (in Rs. Crs.) Mar’20 Mar’19 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,725 1,637 EQUITY 1,734 1,631 Property, Plant and Equipment 1,439 1,168 Equity Share Capital 42 42 Capital work-in-progress 158 133 Other Equit
Slide 22: Cash Flow Statement
Cash Flow Statement Consolidated Particulars (Rs. Crs.) Mar-20 Mar-19 Profit Before Tax 194 462 Adjustments for: Non -Cash Items / Other Investment or Financial Items 110 75 Operating profit before working capital changes 304 537 Changes in working capital 13 34 Cash generated from Operations 317 57
Slide 23: Business Overview
Business Overview 22
Slide 24: Product Portfolio
Product Portfolio Refined Coal Tar Pitch Carbon Black Naphthalene Naphthalene 3rd Largest player Largest Indian Largest Indian #1 Producer in India Player Player Advance Carbon SNF Speciality Oils Power Material Only Company in Largest player in Niche segments in India Green Power from India India a
Slide 25: Applications across Industries
Applications across Industries Paints, Plastic & Fibre Graphite Electrodes Anti Corrosive Material Defence Construction Chemical Aluminium Lithium – Ion Batteries Infrastructure Rubber Industries Wood Preservative Oils Power Specialized Products 24
Slide 26: If You Can Be One Thing, Be Dependable
If You Can Be One Thing, Be Dependable CTP Clientele CB Clientele Others Clientele 25
Slide 27: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : CIN: L27106WB1987PLC042756 CIN: U74140MH2010PTC204285 Mr. Somesh Satnalika Ms. Payal Dave / Ms. Neha Shroff VP Strategy & Business Development +91 9819916314/ +91 7738073466 Email: ssatnalika@himadri.com Email: payal.Da
Slide 28: Sales Volume back to normalcy in Q2FY21
Sales Volume back to normalcy in Q2FY21 ✓ Sales Volume at 83,938 MT for Q2FY21 ✓ Revenues at Rs.389 crore for Q2FY21 Investor Release: 11th November 2020, Kolkata Himadri Speciality Chemical Limited reported results for the quarter & half year ended 30th September 2020 Standalone Financial Highlight
Slide 29: CEO commentary on results and performance
Commenting on the results and performance, Mr. Anurag Choudhary, MD & CEO of Himadri Speciality Chemical Ltd said: “First half of the financial year 2021 has been challenging for us at Himadri on account of nationwide shutdown enforced to fight Coronavirus. It had halted manufacturing activities acr
Slide 30: About Himadri Speciality Chemical Ltd
About Himadri Speciality Chemical Ltd Himadri Speciality Chemical Ltd (“Himadri Speciality”) was established in 1987, is a leading Carbon corporation with one-of-its-kind vertical integration in the world with headquarters in Kolkata, West Bengal. The Company is a market leader and significant marke
Himadri Speciality Chemical — Q2 FY21 Earnings Presentation on 6ix