Tata Chemicals Limited · NSE:TATACHEM
Tata Chemicals — H1 FY2004 Earnings Presentation
13 slides from Tata Chemicals's earnings presentation, Oct 28, 2003
Slide 1: H1 FY2004 Financial Results
H1 FY2004 Financial Results October 28, 2003 1
Slide 2: Overview
Overview • High volume fertiliser sales drive Encouraging • Significant enhancement topline growth in soda ash exports • Improved urea Improved realisations, Reduced support EBITDA margins fixed and variable costs arising from enhanced operational efficiencies Strong PAT • Astute financial advanceme
Slide 3: Segmental highlights
ale TATA Segmental highlights TATA CHEMICALS LIMITED
Slide 4: Inorganic chemicals – Soda ash
Inorganic chemicals – Soda ash • Increasing export outlook by domestic players Sector outlook • Growing demand from glass segment Strong export performance (81,000 MT in H1 FY 2004) Tata Chemicals No. of glass manufacturing customers appreciates 18% performance Market leadership sustained with
Slide 5: Inorganic chemicals – Salt
Inorganic chemicals – Salt • Increased demand for edible salt across the country Sector outlook • National brands strengthening presence Tata Salt continues to be the No. 1 brand in the country. Marketshare: Tata Chemicals 37.6% performance Steady demand for Samundar crystal salt Contributed R
Slide 6: Fertilisers
Fertilisers • Strong monsoon increasing demand and driving fertiliser sales Sector outlook • Group Pricing Policy expected to reward efficient manufacturers • Improved realisations Tata Chemicals • Sales volumes increase 14% over corresponding quarter performance • Babrala plant continues to be the
Slide 7: Revenue performance
Revenue performance H1 FY 2004 Q2 FY 2004 791 500 483 800 744 417 675 400 Rs. Crore Rs. Crore 550 300 425 200 300 Q2 FY2003 Q2 FY2004 Q2 FY2003 Q2 FY2004 6% 16% 7
Slide 8: EBITDA
EBITDA H1 FY 2004 Q2 FY 2004 150 139 35 300 50 250 125 120 29 28 240 40 30 221 32 90 21 180 30 Rs crore Rs crore % 30 % 120 20 60 14 60 10 30 7 0 0 0 0 H1 FY03 H1 FY04 Q2 FY03 Q2 FY04 EBITDA Margin EBITDA Margin 13% 11% 8
Slide 9: PBT
PBT H1 FY 2004 Q2 FY 2004 200 189 200 150 150 126 118 Rs. Crore Rs. Crore 100 100 73 50 50 0 0 Q2 FY2003 Q2 FY2004 Q2 FY2003 Q2 FY2004 50% 62% 9
Slide 10: PAT
PAT H1 FY 2004 Q2 FY 2004 150 8 100 5 129 7 .1 4 814 .4 6 120 4 6 75 90 81 3 Rs crore Rs crore 47 % % 4 .4 8 4 50 2 .6 60 2 2 25 30 1 0 0 0 0 H1 FY03 H1 FY04 H1 FY03 H1 FY04 PAT EPS PAT EPS 59% 71% 10
Slide 11: Financial Management
Financial Management 1.0 1000 0.8 800 0 .5 6 0.6 600 Rs crore % 918 0 .4 0 .3 6 0.4 400 750 617 200 0.2 0 0.0 30-Sep-02 30-Jun-03 30-Sep-03 Debt Debt-equity ratio 33% reduction in debt over the last twelve months 11
Slide 12: …Financial Management
…Financial Management 25 12 25 1 0 .5 20 8.4 9 8.2 15 14 Rs crore % 11 6 10 3 5 0 0 Q2 FY03 Q1 FY04 Q2 FY04 Interest Cost of borrowing Interest costs 60% lower than amount incurred in Q2 FY 2003 12
Slide 13: Growth outlook
Growth outlook • Exploring international markets Soda Ash • Enhancing relationships with key customers, strengthening global and domestic competitive Inorganic position chemicals Salt Expanding salt business by introducing variants • Capacity enhancement Fertiliser • Inorganic growth opportunities C