Apcotex Industries Ltd · NSE:APCOTEXIND
Apcotex Industries — Q2 FY2025 Earnings Presentation
13 slides from Apcotex Industries's earnings presentation, Oct 25, 2024
Slide 1: Exchange filing cover letter for earnings presentation
25th October 2024 To, To, The Manager - Listing Department, Manager-Department of Corporate Services The National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, 5th floor, Jeejeebhoy Towers, Plot no. C/1, “G” Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai-400051 S
Slide 2: Earnings Presentation Q2/H1-FY25
Earnings Presentation Q2/H1-FY25
Slide 3: Executive Summary
2 Executive Summary OVERVIEW ▶ Apcotex Industries Ltd (Apcotex) is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India. ▶ The company has one of the
Slide 4: Company Overview
3 Company Overview ▶ The company’s Taloja plant was established in 1980 as a division of Operational Revenue (INR Mn) and Asian Paints (India) Ltd. In 1991, the division was spun off as a EBITDA Margin (%) separate company, which was headed by Mr. Atul Choksey, former 12,000 10,799 11,246 MD of Asia
Slide 5: Financial Highlights
4 Financial Highlights Q2-FY25 Financial Highlights H1-FY25 Financial Highlights INR 3,511 Mn INR 275 Mn INR 6,877 Mn INR 593 Mn Operational Revenue EBITDA Operational Revenue EBITDA 25.8% YoY (13.0)% YoY 23.5% YoY 3.9% YoY 7.83% INR 110 Mn 8.62% INR 258 Mn EBITDA Margin Net Profit EBITDA Margin Net
Slide 6: Q2/H1-FY25 Operational Highlights
5 Q2/H1-FY25 Operational Highlights Q2-FY25 • Highest quarterly revenue of INR 3,511 Mn, increase by 26% Y-o-Y driven by increased volume and product mix • Highest quarterly volume, representing a growth of 12% Y-o-Y • Highest export volume, increasing by 31% Y-o-Y, and export revenue (34% of Sales
Slide 7: Quarterly Financial Performance
6 Quarterly Financial Performance Particulars (INR Mn) Q2-FY25 Q2-FY24 Y-o-Y Q1-FY25 Q-o-Q Operational Revenue 3,511 2,792 25.8% 3,366 4.3% Total Expenses 3,236 2,476 30.7% 3,048 6.2% EBITDA 275 316 (13.0)% 318 (13.5)% EBITDA Margins 7.83% 11.32% (349) Bps 9.45% (162) Bps Depreciation 106 78 35.9% 9
Slide 8: YTD Financial Performance
7 YTD Financial Performance Particulars (INR Mn) H1-FY25 H1-FY24 Y-o-Y Operational Revenue 6,877 5,570 23.5% Total Expenses 6,284 4,999 25.7% EBITDA 593 571 3.9% EBITDA Margins 8.62% 10.25% (163) Bps Depreciation 204 152 34.2% Finance Cost 83 79 5.1% Other Income 48 37 29.7% PBT 354 377 (6.1)% Tax 9
Slide 9: Historical Income Statement
8 Historical Income Statement Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Operational Revenue 9,569 10,799 11,246 6,877 Total Expenses 8,171 9,214 10,107 6,284 EBITDA 1,398 1,585 1,139 593 EBITDA Margins 14.61% 14.68% 10.13% 8.62% Depreciation 141 152 315 204 Finance Cost 32 51 156 83 Other Income 7
Slide 10: Balance Sheet
9 Balance Sheet Particulars (INR Mn) FY23 FY24 H1-FY25 Particulars (INR Mn) FY23 FY24 H1-FY25 Shareholders Fund 4,760 5,217 5,438 Total Non Current Assets 4,809 4,958 5,002 Equity Share Capital 104 104 104 Property, Plant and 3,834 3,838 3,693 Other Equity 4,656 5,113 5,334 Equipment Total Non Curre
Slide 11: Historical Performance Indicators
10 Historical Performance Indicators EBITDA (INR Mn) EBITDA Margin (%) PAT (INR Mn) and PAT Margin (%) Operational Revenue (INR Mn) 10,799 11,246 1,585 1,398 1,079 9,569 988 1,139 6,877 539 593 10.3% 258 14.6% 14.7% 10.0% 10.1% 4.8% 3.8% 8.6% FY22 FY23 FY24 H1-FY25 FY22 FY23 FY24 H1-FY25 FY22 FY23 F
Slide 12: Disclaimer
11 Disclaimer Apcotex Industries Ltd Disclaimer: This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apcotex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitatio
Slide 13: Thank You
Thank You