Dcw Ltd. · NSE:DCW
Dcw — Q4 FY2024 Earnings Presentation
21 slides from Dcw's earnings presentation, May 16, 2024
Slide 1: Exchange filing cover letter for investors' presentation
[OJ DCW LIMITED May 16, 2024 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza Bldg. Department of Corporate Services, 5th Floor, Plot No.C-1 1st floor, New Trading Ring ‘G’ Block, Near Wockhardt, Rotunda Building, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Mumbai 400 051 Dal
Slide 2: DCW Limited Earning Presentation Q4-FY24 / FY24
DCW Limited Earning Presentation Q4-FY24/ FY24 1
Slide 3: Snapshot
Snapshot BUSINESS 8+ 2 Pioneer Leading Largest and Unique Decades of State-of-the-Art In India Soda Ash, C-PVC, Manufacturer of Commercial scale Experience Integrated Synthetic Rutile & C-PVC and SIOP manufacturer of SIOP in Manufacturing Units SIOP in India the Asia OPERATIONS 12+ 2,000+ Zero 58 MW
Slide 4: Business Overview
Business Overview Financial Highlights Historical Financial Overview 3
Slide 5: Company Overview
Company Overview 0 DEIU LIMITIO Operating Revenue (INR Mn) and EBITDA Margins (%) • Incorporated in 1939, DCW Ltd. was established as Dhrangadhra Chemical Works at Dhrangadhra, 26,338 Gujarat as India’s first Soda Ash plant. 24,547 18,716 • Since then DCW has pioneered and created a strong presence
Slide 6: Key Milestones
Key Milestones 0 DEIU LIMITIO Growth in Commodity Chemicals Expansion towards Specialty Chemicals Setup one of the Entered into a Technical Commenced Commissioning of the first integrated License and Support production of 1st Chlor-alkali Plant at plants in India to Agreement with Rockwood and only
Slide 7: Marquee Customers
Marquee Customers 0 DEIU LIMITIO Commodity Chemicals ~ FinOlex -- --NDUSTRIES l,♦ !TNPLI (ashirvad) NALCO PIPES '' - - - - - - - - - - - - - - - - - - - - - - I - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Slide 8: Value Proposition
Value Proposition 0 DEW LIMITID Significant Scale-up Opportunities Technology Tie-ups Diversified Application Base Niche & Diversified Product Mix Over 2,500- acre land bank available at Licensed technology from Arkema Catering to over 15 industries with Diversified product mix of Sahupuram facility
Slide 9: Financial Highlights
Business Overview Financial Highlights Historical Financial Overview 8
Slide 10: Key Financial and Operational Highlights
Key Financial and Operational Highlights Q4-FY24 Financial Performance Q4-FY24/FY24 Operational Highlights: • QoQ revenue rose by 56% on account of volume growth in Synthetic Rutile and pick up in exports. Synthetic Iron Oxide (SIOP) & CPVC both demonstrated highest ever Revenue from EBITDA sales vo
Slide 11: Quarterly Key Segmental Performance
Quarterly Key Segmental Performance 0 DEIULIMITIO Revenue (INR Mn) & EBITDA Margin (%) C-PVC SIOP Caustic Division PVC Soda Ash 617 2,494 2,053 676 1,812 989 508 1,932 1,707 473 382 408 606 594 40.7% 752 23.1% 35.5% 38.4% 30.7% 4.2% 10.1% 9.0% 10.3% 0.0% 9.5% 39.2% 36.5% -9.2% -7.3% Q4-FY23 Q3-FY24
Slide 12: Yearly Key Segmental Performance
Yearly Key Segmental Performance 0 DEIU LIMITIO Revenue (INR Mn) & EBITDA Margin (%) C-PVC SIOP Caustic Division PVC Soda Ash 2,190 2,033 9,561 9,279 3,621 1,649 6,914 2,359 5,612 1,539 37.9% 26.4% 34.2% -1.6% -0.8% 18.6% 28.2% 34.0% 8.6% 2.8% FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 Produc
Slide 13: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance 0 DEIULIMITIO Particulars (INR Mn) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Operational Income 6,217 5,881 5.7% 3,978 56.3% Total Expenses 5,584 4,886 14.3% 3,784 47.6% EBITDA 633 995 (36.4)% 194 NA EBITDA Margins (%) 10.18% 16.92% (674) Bps 4.88% 530 Bps Othe
Slide 14: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance 0 DEIU LIMITIO Particulars (INR Mn) FY24 FY23 Y-o-Y Operational Income 18,716 26,338 (28.9)% Total Expenses 16,961 22,053 (23.1)% EBITDA 1,755 4,285 (59.0)% EBITDA Margins (%) 9.38% 16.27% (689) Bps Other Income 183 153 19.6% Depreciation 938 902 4.0% Intere
Slide 15: Historical Financial Overview
Business Overview Financial Highlights Historical Financial Overview 14
Slide 16: Historical Income Statement
Historical Income Statement 0 DEIU Particulars (INR Mn) FY21 FY22 FY23 FY24 Operational Income 14,643 24,547 26,338 18,716 Total Expenses 12,549 21,299 22,053 16,961 EBITDA 2,094 3,248 4,285 1,755 EBITDA Margins (%) 14.30% 13.23% 16.27% 9.38% Other Income 113 61 153 183 Depreciation 874 885 902 938
Slide 17: Historical Balance Sheet
Historical Balance Sheet 0 DEIU LIMITIO Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 13,386 12,839 13,005 Share Capital 522 590 590 Other Equity 7,496 9,661 9,727 Capital Work in progress 8
Slide 18: Financial Performance
Financial Performance 0 DEIU LIMITIO Revenue From Operations (INR Mn) EBITDA (INR Mn) & EBITDA Margins PAT (INR Mn) 26,338 % 24,547 1,920 4,285 18,716 3,248 14,643 1,075 12,773 2,094 1,755 FY20 FY21 FY22 FY23 FY24 1,465 11.47% FY20 14.30% FY21 13.23% FY22 16.27% FY23 9.38% FY24 -268 111111111 FY20 -
Slide 19: Capital Market Data
Capital Market Data 0 DEIU LIMITIO 1 Year Stock Performance (up to 31st March, 2024) 60% 50% 40% 30% 20% 10% 0% -10% Apr/23 May/23 Jun/23 Jul/23 Aug/23 Sep/23 Oct/23 Nov/23 Dec/23 Jan/24 Feb/24 Mar/24 DCW Sensex Price Data (As on 31st March, 2024) INR Shareholding Pattern (As on 31st March, 2024) Fa
Slide 20: Disclaimer
Disclaimer 0 DEWLIMITID DCW Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events n
Slide 21: Thank You
THANK YOU 20