Himadri Speciality Chemical Ltd. · NSE:HSCL
Himadri Speciality Chemical — Q1 FY2017 Earnings Presentation
24 slides from Himadri Speciality Chemical's earnings presentation, August 2016
Slide 1: Himadri Speciality Chemical Ltd Result Update Presentation August 2016
HIMADRI SPECIALITY CHEMICAL LTD Result Update Presentation August 2016
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Himadri Speciality Chemical Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, an
Slide 3: Table Of Contents
Table Of Contents Quarterly Financial Performance Annual Financial Performance Company Overview
Slide 4: Quarterly Financial Highlights-Standalone
Quarterly Financial Highlights-Standalone §
Slide 5: Quarterly Financial Highlights- Q1FY17
Quarterly Financial Highlights- Q1FY17 62% 217% 159% Gross Profit EBITDA PAT Rs 93.9 cr Rs 51.2 cr Rs 11.6 cr 1585 bps 1423 bps 155% Gross Profit Margin EBITDA Margin EPS 36.8% 20.1% 0.28 in Q1 FY17
Slide 6: Quarterly Financial Highlights- Q1FY17
Quarterly Financial Highlights- Q1FY17 Sales Volume (In MT) 79,839 Revenue from Operations (Rs. Crs) 79,182 310.2 305.5 75,661 275.9 260.2 255.1 72,954 67,162 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q1FY16 # Q2FY16 Q3FY16 Q4FY16 Q1FY17 # EBITDA (Rs. Crs) / Margin (%) PAT (Rs. Crs) / Margin (%) 60.0 25.0%
Slide 7: Quarterly Profitability Highlights
Quarterly Profitability Highlights Rs. Cr. Q1 FY17 # Q1 FY16 # YoY % • Revenue from operations at Revenue from Operations 255.1 275.8 Rs 255 crore, mainly on account Other Operating Income 0.0 0.1 of decrease in price Total Income 255.1 275.9 (7.6%) realisations; volumes have Raw Material & other di
Slide 8: Quarterly Highlights- Standalone
Quarterly Highlights- Standalone Geographical Breakup Segmental (Rs. Cr.) Q1 FY17 Q1 FY16 YoY % Carbon Materials & Q1FY17 Q1FY16 Chemicals Revenue 251.2 272.5 (7.8%) Domestic Exports EBIT 37.3 -5.0 5% 16% EBIT Margin 14.9% -1.8% Capital Employed 1,696.6 1,827.7 Power Revenue 7.5 6.6 12.2% 84% 95% EB
Slide 9: Recent Developments
Recent Developments New Logo – A Butterfly; an aesthetically designed to illustrate the wings of growth • Depicts sense of life, growth and care that accurately represents values and journey of Group • Himadri – a vibrant, ever-growing and environment-friendly Company like a butterfly • Multiple win
Slide 10: Annual Financial Highlights
Annual Financial Highlights
Slide 11: Financial Highlights- Standalone
Financial Highlights- Standalone 565bps 26% Gross Profit Margin EBITDA 27.9% Rs 155 cr 455bps 0.98 EBITDA Margin Debt Equity Ratio 13.5% 1.32 in FY15
Slide 12: Financial Highlights- Standalone
Financial Highlights- Standalone Sales Volume (In MT) Revenue from Operations (Rs. Crs) 1,363 1,378 2,99,137 2,72,771 1,152 2,59,968 FY14 FY15 FY16 FY14 FY15 FY16 Gross Profit (Rs. Crs) EBITDA* (Rs. Crs) 324 179 321 155 123 306 FY14 FY15 FY16 FY14 FY15 FY16 *EBITDA is inclusive of other operating in
Slide 13: Annual Balance Sheet Highlights- Standalone
Annual Balance Sheet Highlights- Standalone Net worth Total Debt 889 1,326 1,089 867 834 827 FY14 FY15 FY16 FY14 FY15 FY16 Net Debt (Rs. Crs) Net Working Capital (Rs. Crs) 746 1,118 616 1,030 805 468 FY14 FY15 FY16 FY14 FY15 FY16
Slide 14: Consolidated Annual Profitability Highlights
Consolidated Annual Profitability Highlights Rs. Cr. FY-16 FY-15 YoY • Revenue from Revenue from Operations 1,182.6 1,436.3 (18%) operations at Rs 1,183 crore, mainly on Other Operating Income 0.8 1.7 account of decrease in Total Income 1,183.4 1,438.0 (18%) price realisation; Raw Material & other d
Slide 15: Consolidated Balance Sheet Highlights
Consolidated Balance Sheet Highlights Rs. Cr. FY-16 FY-15 Rs. Cr. FY-16 FY-15 Shareholder’s Funds 846.9 788.5 Non-current Assets 1,332.5 1,365.9 Share capital 41.8 38.6 Fixed assets 1,211.3 1,242.4 Reserves & Surplus 805.0 749.9 Non-current Investments 2.0 2.0 Minority Interest - 0.3 Long-term loans
Slide 16: Company Overview
Company Overview
Slide 17: Company Overview
Company Overview • One of few integrated Speciality Carbon Chemical Largest Coal Tar Pitch companies in the world with global leadership position manufacturing company • Largest producer of Coal Tar Pitch in India with ~65% market share • One of the few global manufacturers to produce Zero Quinolene
Slide 18: Journey So Far
Journey So Far Started operations of expanded 2014 capacity of coal tar distillation at Mahistikry, Hooghly • R&D centre recognized by Government of India 2011 • Commissioned production of SNF at Hooghly • Started a CTP plant in China 2012 2010 Expanded Carbon Black capacity and power plant at Hoogh
Slide 19: Business Overview
Business Overview Coal Tar Pitch Complex speciality chemical with 22 chemical and physical properties obtained through coal tar distillation Carbon Black One of most important industrial chemicals in world with applications in rubber, plastics, coating, inks and batteries
Slide 20: Key Strengths
Key Strengths Compelling Competitive Position Storage & Distribution Strategic Sourcing Advantages • Long-term relationships with all major Indian raw • Plants well-connected through various material suppliers • Engaged in producing a wide range of carbon transportation modes (like railways and road
Slide 21: Strategically Located Manufacturing Facilities
Strategically Located Manufacturing Facilities Howrah, West Bengal Hooghly, West Bengal Vapi, Gujarat Korba, Chattisgarh Sambalpur, Orissa Capacity (MTPA) CTD CB SNF Vizag, Andhra Pradesh Howrah 48,000 Hooghly 3,22,000 1,20,000 50,000 Vizag 30,000 Vapi 18,000 Total 4,00,000 1,20,000 68,000 Korba* 60
Slide 22: Professional Management Team
Professional Management Team More than two decades of experience in finance and overall operations of Company Anurag Choudhary Under his leadership company gained reputation in international markets, undertook CEO expansion projects, raised capital through prominent investors viz; CVC & Bain Cap
Slide 23: Strategic Outlook
Strategic Outlook Key Growth Drivers Strategic Objectives Be amongst top three producers of Coal Tar Maintaining domestic leadership in Coal Tar Pitch products globally Leverage significant demand for Carbon Black in Become lowest cost producer of Coal Tar products tyre and speciality segmen
Slide 24: For further information, please contact
500184 HCIL HCI IN HMCH.NS For further information, please contact: Company : Investor Relations Advisors : Himadri Speciality Chemical Ltd. Bridge Investor Relations Pvt. Ltd. Savli Mangle Anurag Choudhary savli@bridge-ir.com anurag@himadri.com Dheeraj Manwani dheeraj@bridge-ir.com www.himadri.com
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