Gujarat Fluorochemicals Ltd. · NSE:FLUOROCHEM
Gujarat Fluorochemicals — Q4 FY2024 Earnings Presentation
31 slides from Gujarat Fluorochemicals's earnings presentation, May 6, 2024
Slide 1: Cover letter to stock exchanges for Q4FY24 Investor Presentation
GFCL: BRD: 2024 6th May, 2024 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai 400 001 Bandra (E), Mumbai 400 051 Scrip Code: 542812 Symbol: FLUOROCHEM Sub: Investor Presentation for Q
Slide 2: Gujarat Fluorochemicals Limited Investor Presentation Q4FY24
Gujarat Fluorochemicals Limited Investor Presentation Q4FY24
Slide 3: Earnings Update Q4FY24, Financial Trend, Company Overview, Core Competencies
Earnings Update Q4FY24 Financial Trend Company Overview Core Competencies 2
Slide 4: Earnings Update Q4FY24
Earnings Update QAFY24 ROCHEWICALS. wae casuree
Slide 5: Q4FY24 Highlights
Q4FY24 Highlights Consolidated Revenue from Operations for Q4FY24 was Rs. 1,133 Cr up by 14% on a QoQ basis. Consolidated EBIDTA for Q4FY24 was Rs. 238 Cr up by 15% on a QoQ basis. The EBIDTA margins for Q4FY24 were 21% flat on a QoQ basis. Consolidated PAT for Q4FY24 was at Rs. 101 Cr up by
Slide 6: Consolidated Revenue from Operations
Consolidated Revenue from Operations 1,471 1,133 1,133 14% 23% 992 Q3FY24 Q4FY24 Q4FY23 Q4FY24 Figures in Rs. Cr 5
Slide 7: Consolidated EBITDA & EBIDTA Margin
Consolidated EBITDA & EBIDTA Margin 36% 21% 21% 529 238 206 21% 55% 15% 238 Q3FY24 Q4FY24 Q4FY23 Q4FY24 EBITDA EBITDA % EBITDA EBITDA % Figures in Rs. Cr 6
Slide 8: Consolidated PAT & PAT Margin
Consolidated PAT & PAT Margin 9% 23% 8% 101 332 80 9% 70% 101 26% Q3FY24 Q4FY24 Q4FY23 Q4FY24 PAT PAT % PAT PAT % Figures in Rs. Cr 7
Slide 9: Business Vertical – Fluoropolymers
Business Vertical – Fluoropolymers 645 545 18% Performance and Outlook - Fluoropolymer Prices remained stable, however volumes have improved from the previous Q3FY24 Q4FY24 quarter as guided. As guided, destocking phenomena seems to be phasing out and we expect to Revenue 723 see continuous growth q
Slide 10: Business Vertical – Fluorochemicals
Business Vertical – Fluorochemicals 302 246 23% Performance and Outlook - Fluorochemicals Refrigerant volumes have picked up during the quarter; however prices remain sluggish. Revenue Q3FY24 Q4FY24 Both volumes and prices for specialty chemicals continue to be sluggish 476 impacting both revenue an
Slide 11: Business Vertical – Bulk Chemicals
Business Vertical – Bulk Chemicals 178 176 1% Performance and Outlook – Bulk Chemicals Revenue Q3FY24 Q4FY24 Plants ran at full capacity during the quarter. Caustic soda/MDC prices continue to remain subdued due to increased supplies on account of excess capacity creation. 237 176 26% Q4FY23 Q4FY24
Slide 12: Financial Trends
Financial Trends 4 2) a 9 o ' i | ' I Tits 11
Slide 13: Annual Revenue, EBIDTA and PAT Trend
Annual Revenue, EBIDTA and PAT Trend 6000 5685 2,047 5000 4281 3954 4000 3403 1,198 3000 2606 2651 1954 2518 955 638 36% 2000 1344 1302 553 30% 1000 2000 2282 21% 24% 22% 1262 1349 1763 0 FY 20 FY 21 FY 22 FY 23 FY 24 FY 20 FY 21 FY 22 FY 23 FY 24 Domestic Revenue Export Revenue EBIDTA EBIDTA % 1,32
Slide 14: RoCE, RoE, Working Capital & Capex Trend
RoCE, RoE, Working Capital & Capex Trend RoCE RoE 34.07% 27.14% 24.46% 20.10% 14.63% # 12.50% # FY 22 FY 23 FY 24 FY 22 FY 23 FY 24 Working Capital Days Capex (Rs. Cr) 1349 167 1050 800 @ 128 660 120 500* FY 22 FY 23 FY 24 FY22 FY22 FY23 FY23 FY24 FY24 FY25 FY25 # Excluding capital employed in Capac
Slide 15: Company Overview
CLJANAT PULOSOENEVICALS Sle ae WN Comune? COMPANY OVERVIEW.
Slide 16: INOXGFL Group
INOXGFL GROUP INOXGFL Group, with a legacy of over 90 years, is one of the largest business Groups in India. It is a forerunner in diversified business segments comprising fluoropolymer, fluorochemicals, battery chemicals, wind turbines and renewables. The Group currently with 4 listed entities has
Slide 17: Business Verticals
Business Verticals 30 years of expertise in Fluorine Chemistry FLUOROPOLYMERS Established player in Fluoropolymers, Specialty Chemicals, Refrigerants & Bulk Chemicals FLUOROCHEMICALS Three manufacturing facilities in India, Fluorspar mine in Morocco, facilities and warehouses in Europe, USA and Midd
Slide 18: Fluoropolymers Vertical
Fluoropolymers Vertical PRODUCTS PTFE MICRO POWDERS PFA PVDF FEP FKM PPA APPLICATIONS • Oil & Gas • Printing Inks • Semi-conductors • Chemical • Wire & Cable • Automotive • Improve Surface • Pharma & CPI • Engineering • Aero-space Processing • Defense • Chemicals Finish & Gloss • Food Plastics • Che
Slide 19: Fluorochemicals Vertical
Fluorochemicals Vertical PRODUCTS HF BASED TFE BASED KF BASED REFRIGERANTS APPLICATIONS • Agrochemical majorly Insecticides, • Pharmaceutical Intermediates, • Pharmaceutical Intermediates, • Air-conditioners Herbicides & Fungicides • Agrochemical Pesticide & • Agrochemical Pesticide & • Plant Growth
Slide 20: Bulk Chemicals Vertical
Bulk Chemicals Vertical PRODUCTS CAUSTIC SODA CHLOROFORM METHYLENE DI CHLORIDE CTC APPLICATIONS • Textiles • Feedstock for Refrigerant • Pharma API • Pesticides • Soaps & Detergents Gas R-22 • Foam manufacturing • Agricultural Chemicals • Alumina • Solvent - Pharma • Agri-chem & Pharma • Plastics Fo
Slide 21: Battery Materials
Battery Materials Battery agnostic offerings; covering both LFP and NMC batteries GFCL EV current product portfolio caters to ~ 40% value of LFP battery cost GFCL EV to tap significant global opportunities presented by the EV & ESS eco-systems over decades to come Fully integrated battery materials
Slide 22: Battery Materials Market Size
Battery Materials Market Size (GWh) 7,000 5,905 6,000 5,000 4,747 3,950 4,000 3,180 3,000 2,327 2,000 1,775 1,361 1,081 1,000 Product % of LFP Battery cost 0 Cathode 31% FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 Anode 20% Electrolyte 6% Separator 6% GFCL EV’s current product portfolio caters to ~ Casi
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Slide 24: Core Competencies
Core Competencies Integrated Plant Operations Manufacturing Capabilities Global Presence 23
Slide 25: Integrated Operations
Integrated Operations GFL’s vertically integrated facility makes it one of the most reliable producers of a wide range of Fluoropolymers * globally. Integration play helps GFL to maximise value addition. * Under Implementation 24
Slide 26: Manufacturing Facilities
Manufacturing Facilities RANJIT NAGAR, GUJARAT, INDIA DAHEJ, GUJARAT, INDIA JOLVA, GUJARAT, INDIA Specialty Chemicals & Refrigerants Fluoropolymers, Specialty & Bulk Fluoropolymers, Specialty & New Chemicals Age Chemicals Commissioned in 1989 Commissioned in 2007 Under Phased Commissioning Largest R
Slide 27: Research & Development
Research & Development Enables customised solutions Collaborates with renowned and develop sustainable educational and research technology institutes Equipped with team of highly efficient researchers, scientists and product specialists, state of the art equipment including application development l
Slide 28: Sustainability Awards & Certification
Sustainability Awards & Certification ESG Ratings Environment Social Governance ISO 14001:2015 ISO 45001:2018 ISO 37001:2016 Environment Management Occupational Health & Anti Bribery Management System Safety Management System System ISO 9001:2015 SA – 8000 ISO/IEC 27001:2022 Quality Management Socia
Slide 29: Environment and Social Parameters
Environment and Social Parameters Environment Social 2000282 GJ 3418 Numbers FY 23 Renewable energy inputs FY 23 Total Employee Reused 24% 8% FY 23 Integrated Waste Management FY 23 Employee Retention Rate 14% > 0.25 FY 23 Water Consumption FY 23 Lost time incident frequency rate (LTIFR) 11% >
Slide 30: Regulatory Compliance
Regulatory Compliance ROHS - Restriction of Hazardous Substances ®®ECHA EVEOPEAM CHEMICALS AGENTW SVHC - Substances of Very High Concem FDA - Food and Drug Administration Use US Pharmacopetid ‘Convention REACH - Registration, Evaluation, USP Class VI - United States Pharmacopeia Authorization and Re
Slide 31: Thank You
THANK YOU Vibhu Agarwal Manoj Agrawal Bhavin Desai Head Investor Relations Chief Financial Officer Company Secretary E-mail: vibhu.agarwal@gfl.co.in E-mail: manojagrawal@gfl.co.in E-mail: bvdesai@gfl.co.in This presentation and the following discussion may contain “forward looking statements” by Guj
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