Ig Petrochemicals Ltd. · NSE:IGPL
Ig Petrochemicals — Q1 FY22 Earnings Presentation
23 slides from Ig Petrochemicals's earnings presentation, Aug 8, 2021
Slide 1: Investor Presentation – Regulation 30 covering letter
8th August, 2021 SECT/1042 BSE Limited The National Stock Exchange of India Ltd. Corporate Relationship Department Exchange Plaza 1st Floor, P J Towers Bandra Kurla Complex Dalal Street Bandra (East) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 500199 Scrip Code: IGPL Dear Sir, Sub: Investor Presen
Slide 2: I G Petrochemicals Limited Investor Presentation – August 2021
I G Petrochemicals Limited Investor Presentation – August 2021
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by I G Petrochemical Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 4: Q1 FY22 Highlights
Q1 FY22 Highlights
Slide 5: Continued Business Momentum
Continued Business Momentum Revenue^ (Rs. Cr) EBITDA^ (Rs. Cr) PAT (Rs. Cr) 11.6% 21.8% 1.6% 13.2% Margin 172% +411% +2,241% 389 85 52 143 17 2 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Key Highlights • In Q1FY22, demand for Phthalic Anhydride was healthy in domestic as well in international m
Slide 6: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Cr) Q1 FY22 Q1 FY21 Y-o-Y Total Revenue^ 388.6 143.0 171.7% Total Raw Material 245.9 93.9 Employee Expenses 18.2 14.2 Other Expenses 39.7 18.3 EBITDA 84.9 16.6 410.5% EBITDA Margin (%) 21.8% 11.6% Depreciation 11.3 8.0 EBIT 73.6 8.6 753.1% EBIT Margin (%) 18.
Slide 7: Company Overview
X14) URE EEET TTT} NULAGWTT ua) Company Overview
Slide 8: India's Largest Phthalic Anhydride (PAN) Manufacturer
India’s Largest Phthalic Anhydride (PAN) Manufacturer 1988 Largest Lowest INCORPORATED IN THE YEAR PAN* MANUFACTURER IN COST PRODUCER OF PAN INDIA 20+ 3rd Largest ISO Certified END USER INDUSTRIES PAN MANUFACTURER IN THE ISO 9001:2015 SERVED WORLD ISO 14001:2015 Largest >50% 2.22 Lakhs MTPA MAN* MAN
Slide 9: Our State of the Art Manufacturing Facilities
Our State of the Art Manufacturing Facilities VISION “To be a well-diversified chemicals company with a leadership position in Phthalic Anhydride Industry’’ Plants are engineered with Technical collaboration with Lurgi Gmbh, Germany and are designed on the low energy-based processes The company has
Slide 10: Integrated Manufacturing Process
Integrated Manufacturing Process PA I PA III PA II PA IV Turbine/Generator Turbine/Generator Turbine/Generator Turbine/Generator /Blower /Blower /Blower /Blower Air Orthoxylene Air Orthoxylene Air O-Xylene Air Orthoxylene Reactor Reactor Reactor Reactor Steam PA (Gases) Steam PA (Gases) PA (Gases) S
Slide 11: Our Manufacturing Capacities of PAN
Our Manufacturing Capacities of PAN Phthalic Anhydride (PAN) Capacity (MTPA) 125+ Clients 222,110 De-bottlenecking 169,110 53,000 ~55% 116,110 Revenue contribution from Paints, Plasticizer & 53,000 53,000 CPC Pigments Industries 63,110 45,000 53,000 53,000 53,000 18,110 18,110 18,110 18,110 20+ End
Slide 12: Serving 20+ End User Industries
Serving 20+ End User Industries Plasticizers Alkyd Resins & Paints Unsaturated Polyester Resin CPC Pigments • Used in manufacturing of • Paints • Thermostat for manufacturing • Inks poly vinyl chloride (PVC) • Lacquers of ͤfiberglass reinforced plastics • Photovoltaic cells products • Dyes insect re
Slide 13: Board of Directors
Board of Directors Shri M M Dhanuka Shri Nikunj Dhanuka Non-executive Chairman Managing Director & CEO Background : B.E. (Chem) and a founder member of the Background : Management Graduate and is associated with the Company along with his brother Late Shri Shyam Sunder Company since 1998. In charge
Slide 14: Investing In Growth
Investing In Growth
Slide 15: Capacity Expansion & Strategies
Capacity Expansion & Strategies Post PA 4 Plant Expansion (MTPA) Commissioned Phthalic Anhydride Maleic Anhydride Benzoic Acid +31.3% +17.8% +30% PA 4 Plant 2,22,110 7,660 1,300 6,500 1,160 1,000 300 1,69,110 53,000 • Project Cost : ~Rs 345 Crore • Loan : ~Rs 125 Crore (ECB) • PAN Capacity of 53,000
Slide 16: Strong Operating Cash Flow
Strong Operating Cash Flow Net Debt (Rs in Cr) 164 150 74 Our Total Repayment of long term 52 52 Debt was Rs 57 Cr FY17 FY18 FY19 FY20 FY21 Net Cash Flow Operating Activities (Rs in Cr) 201 183 139 94 84 Positive Operating Cash Flow FY17 FY18 FY19 FY20 FY21 On Consolidated Basis 15
Slide 17: Financial Highlights
Financial Highlights
Slide 18: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Cr) FY21 FY20 Y-o-Y Total Revenue ^ 1,126.9 1,064.8 6% Total Raw Material 651.4 817.2 Employee Expenses 70.7 60.2 Other Expenses 102.9 109.6 EBITDA 301.9 78.1 287% EBITDA Margin (%) 26.8% 7.3% Depreciation 34.1 29.9 EBIT 267.8 48.2 456% EBIT Margin (%) 23.8%
Slide 19: Balance Sheet
Balance Sheet Particulars (Rs. Cr) Mar - 21 Mar - 20 Particulars (Rs. Cr) Mar - 21 Mar - 20 Non-Current assets Equity Property, Plant and Equipment 698.3 467.0 Equity Share Capital 30.8 30.8 Capital Work-In-Progress 131.9 339.5 Other Equity 791.2 601.9 Goodwill 2.0 2.0 Other Intangible Assets 0.3 2.
Slide 20: Historical Financial Highlights
Historical Financial Highlights Total Revenue ^ (Rs. Cr) EBITDA ^ (Rs. Cr) PAT (Rs. Cr) 1,311 1,148 1,128 1,041 1,065 303 190 267 226 147 168 102 117 72 21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 EBITDA Margin (%) PAT Margin (%) 27% 23% 17% 17% 13% 16% 10% 9% 7% 2%
Slide 21: Key Ratios
Key Ratios Net Debt/ Equity (x) Return on Equity(%) 0.23 27.7% 26.0% 0.20 23.2% 18.6% 0.13 0.08 0.04 3.3% FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Return on Capital Employed(%) Net Working Capital Days 43.2% 39 40 37 31.7% 30 26.5% 28.9% 18 5.9% FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20
Slide 22: Way Forward
Way Forward High Capacity Utilization Cater To Increasing & Recovery Process To To Complete Diverse End-user Drive Efficiencies And Greenfield Project Industries Of PAN Cost Reduction 04 06 02 05 01 03 To Commission New Diversification Into Increase International Downstream Advanced Downstream & Oth
Slide 23: Thank You
For further information, please contact I G Petrochemicals Ltd CIN: L51496GA1988PLC000915 Mr. Pramod Bhandari – CFO Email -pbhandari@igpetro.com www.igpetro.com Thank Strategic Growth Advisors Pvt. Ltd. You CIN - U74140MH2010PTC204285 Mr. Shrikant Sangani / Ms. Pankti Majithia Email - shrikant.sanga