Gujarat Narmada Valley Fertilizers & Chemicals Ltd. · NSE:GNFC
Gujarat Narmada Valley Fertilizers & Chemicals — Q2 FY22 Earnings Presentation
22 slides from Gujarat Narmada Valley Fertilizers & Chemicals's earnings presentation, Nov 1, 2021
Slide 1: Regulation 30 disclosure letter to stock exchanges
G y Gujarat Narmada Valley Wa 4 Fertilizers & Chemicals Limited ee CIN : L24110GJ1976PLC002903 An ISO 9001, ISO 14001, ISO 45001 & ISO 50001 Certified Company P.O. Narmadanagar - 392 015, Dist. Bharuch, Gujarat, India Ph (02642) 247001, 247002 Websites www.gntc.in NO. SEC/BD/SE/ FAX : 02642 — 247084
Slide 2: Conference call invitation for Q2FY22 financial performance
G Ree ES wi I NEC Gujarat Narmada Valley Fertilizers & Chemicals Limited is pleased to invite you for conference call to discuss The Q2FY22 Financial Performance With Mr. D. V. Parikh, General Manager & Chief Financial Officer Mr. Y. N. Patel, Head of Dept. (O&M) Mr. A. C. Shah, General Manager & Co
Slide 3: Analyst and Shareholders Communication October 2021
Slide 4: Cautionary Note - Forward Looking Statement
bs Ke Cautionary Note - Forward Looking Statement \ G) ( KKe Qa (s hy ee. Zz y a =" Only matters in the public domain can be subject matter of discussion in this meeting. =" As a matter of policy, we do not provide any forecast about the future business situation. =" We do not comment or give guidan
Slide 5: About GNFC
wd, bs (sy IS* \ G) About GNFC > ( ~\e Qa Zz hy a i; » Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) established in 1976, is a Government of Gujarat promoted and controlled company. » Listed on BSE & NSE. » Headquarter- Bharuch, Gujarat. all » Business Segments — Chemicals & Fertiliz
Slide 6: Products with good import substitute potential
Import ) Substitute Products (Atmanirbhar Bharat) Financial Prudence Products with good market potential and attractive return. Environmental , Social and Manufacturing of Energy efficient Products with Governance Environment Friendly Technologies. (ESG) 4 of 20
Slide 7: Technology licensors and partners
BASF Germany Kemira OY Finland a B P Chemicals UK ez Linde AG Germany Zain LL bhi mero unrlayy Saipem Italy Haldor Topsoe Denmark Uhde Germany (Now ThyssenKrupp)
Slide 8: Shareholding pattern
fsiyIS* (RRY ( 4) Ls] a Z a Particulars 30-09-21 31-03-21 30-09-20 A | Promotors 41% 41% 41% B | Institutional Investors 21% 23% 21% Institutional Indian Public & Non 0 0, (2) 0 Investors 21% C Institutional Investors eas 36% 38% v Share value of 15.54 Crores Shares @ 2 10 per share equals to = 155.
Slide 9: Financial performance summary
” s GNFC (% Crores) Q2 Q1 Q2 H1 H1 FY Particulars 21-22 | 21-22 | 20-21 21-22 20-21 | 20-21 Performance: The operational x to 32,096 Crores from % 1,187 Crores, up by Revenue from Operation (RFO) 2,096; 1,394 1,187 3,490 1,887} 5,129 77%. This is the highest ever Q-2 revenue. Predominantly the reven
Slide 10: Segment Revenue
ES ( ey \ 6) yr Qa Zz Segment Revenue hy a (® Crores) l™ Chemicals MFertilizers im Others ( \ 4000 Q2FY 21-22 Vs. Q1 FY 21-22: 3500 Volume variance favorable as well as increase volume in all the Products except couple of products. 3000 2500 Q2 & H1 FY 21-22 Vs. Q2 & H1 FY 20-21: 2000 Chemical Segme
Slide 11: Segment Results
KE i ISX Way Ses EOL GNFC (® Crores) Chemicals Fertilizers MM! Others 800 737 13 (— \ 700 Chemicals: Practically on YoY basis most of the chemicals 600 have outshine contributing to substantial change in revenue and resultant profit. 500 P yf 400 300 Fertilizers: Fertilizer Segment Results continue
Slide 12: Balance Sheet Summary
Ke Re Wa Balance Sheet Summary GNFC (® Crores) As on Change Refer Particulars Note (— > 30-09-21 31-03-21 Absolute % Fixed Assets 3,802 3,881 (79) (2%) A. Increase in Investments due to listed investment gain % 133 Crores, Investments ee 853 227 2% investment in T-Bills of = 98 Crores. Cash , Bank &
Slide 13: Cash Flow Summary
Cash Flow Summary (® Crores) H1 H1 % For th ded ~~ 8" | Change | R Ch k A. Working capital inflow in onmne year ende FY 21-22| FY 20-21 H1 FY 20-21 is mainly due to Realization of Subsidy and Realization of inventories. A | Operating profit before Working Capital changes 839 204 635 311% B. Investin
Slide 14: Key financial ratios
Ke Re GNFC . . Q2 Q1 Q2 H1 H1 FY Particulars Units | 94-22 | 24-22 | 20-21 | 24-22 | 20-21 | 20-21 | / \ A |Return Ratios RoE % 4.52 3.90 2.62 8.36 2.65) 12.30 RoCE % 6.29 5.60 2.74 11.80 6.32} 15.16 B | Margin Ratios Healthy Balance EBITDA Margin % 20.56 28.19 16.36 23.61 9.01} 19.56 Sheet with deb
Slide 15: Key Feedstock Price History
fsIS* (RRY Key Feedstock Price History 4) Zz iy ( Qa hy a (2 ‘000) —eOil (Rs./ MT) —eN (Gas) Rs. / '000 SM3 42 40 40 35 30 25 20 15 10 FY17 FY18 FY19 FY20 FY21 YTD FY22 Q-2 FY22 a 13 of 20
Slide 16: Feedstock Spreads
sss > Way ANN Feedstock Spreads Fa GNFC Price ( ‘000/MT) OMethanol (Acetic Acid Highest Lowest 90 82 | 47 | | | 401 i a1 i 27 : a : 1 _ —t~— 1 ' 1 13% 36% 33% 27% ee 47% 64% 57% . 32 | : 3 35 24 26 ; 24 22 4 FY17 FY18 FY19 FY20 FY21 YTD FY22 Q-2 FY22 Z 14 of 20
Slide 17: Feedstock Spreads
Sd mY Oz Feedstock Spreads , oo yo Price ( ‘000/MT) OToluene OTDI Highest Lowest 169 172 72% 81% 71% 53% 73% 63% 61% Laas ----}8---- FY17 FY18 FY19 FY20 FY21 YTD FY22 Q-2 FY22 15 of 20
Slide 18: Ongoing Projects Status
ES Ongoing Projects Status ( ey \ 6) yr Ls] a Z a Concentrated Nitric Formic Acid Revamp 4 MW Solar Power TDI-I! plant reliability Particulars Acid (CNA)-IV Project (FAR) Project Project Production capacity 50 KTPA 6.6 KTPA 04 MW (AC) 16 KTPA Capex (%. In Crores.) 109 83 26 170 Expected Completion O
Slide 19: Future Projects Status
( ee bs (xe Future Projects Status \ 8) Z er Ls] a a Particulars Ammonia 1 Capacity (MTPA) 200000 100000 50000 2 Capex (®. In Crores.) 890 170 195 Advantages: Y Ammonia will provide reliability & apart from energy saving it will act as source of captive availability for downstream products. Y Other
Slide 20: Debottlenecking Progress
ES ( ey \ 0) yr Debottlenecking Progress Ls] a Z a TDI Capex of around 2%. 98 Cr. Mechanical completion is over and production expected to start by Nov-21. 2 Aniline Production Improved by 8%. 3 Ammonia Production Improved by 5%. a 18 of 20
Slide 21: Questions are welcome
(fKe ( KRe Ls] ee. Z y a a Questions are welcome 19 of 20
Slide 22: Thank You
Sy JAs Gaz AN , Se Thank You 20 of 20
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