Shree Pushkar Chemicals & Fertilisers Ltd. · NSE:SHREEPUSHK
Shree Pushkar Chemicals & Fertilisers — Q4 FY2020 Earnings Presentation
27 slides from Shree Pushkar Chemicals & Fertilisers's earnings presentation, Jun 30, 2020
Slide 1: Shree Pushkar Chemicals and Fertilisers Limited Investor Presentation Q4 & FY20
Shree Pushkar Chemicals and Fertilisers Limited Investor Presentation Q4 & FY20
Slide 2: Agenda
Agenda 01 Q4 and FY20 Result Highlights 02 Company Overview 03 Chemical (DI and DS) Segments Overview 04 Fertilisers Segments Overview 05 Growth Strategy 06 Historical Financial Highlights 2
Slide 3: Q4 and FY20 Result Highlights
Q4 and FY20 Result Highlights
Slide 4: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement (Rs. Cr) Q4FY20 Q4FY19 % Change FY20 FY19 % Change Net Sales 67.8 102.2 -33.7% 284.4 400.2 -28.9% Cost of Raw Material 39.6 75.8 179.9 273.8 Employee Cost 5.9 5.9 20.8 26.7 Other Expenses 13.9 12.3 42.8 41.1 Total Expenditure 59.4 93.9 243.5 341.7 EBITDA 8.5 8.3
Slide 5: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement (Rs. Cr) Q4FY20 Q4FY19 % Change FY20 FY19 % Change Net Sales 86.7 117.6 -26.3% 346.3 451.9 -23.4% Cost of Raw Material 51.0 84.2 214.4 302.6 Employee Cost 7.0 6.7 24.9 30.1 Other Expenses 17.9 16.1 56.7 52.1 Total Expenditure 75.9 107.0 296.1 384.8 EBITDA 10.8
Slide 6: Standalone Balance Sheet
Standalone Balance Sheet (Rs. Cr) Mar-20 Mar-19 (Rs. Cr) Mar-20 Mar-19 EQUITY & LIABILITY ASSETS Share Capital 30.8 30.7 Non-Current Assets Total Reserves 263.0 245.9 Fixed Assets incl CWIP & intangible 181.0 148.4 Shareholder's Funds 293.8 276.6 Investment in subsidiary 21.3 21.3 Long-Term Borrowin
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet (Rs. Cr) Mar-20 Mar-19 (Rs. Cr) Mar-20 Mar-19 EQUITY & LIABILITY ASSETS Share Capital 30.8 30.7 Non-Current Assets Total Reserves 275.4 253.7 Fixed Assets incl CWIP & intangible 215.5 182.7 Shareholder's Funds 306.2 284.4 Long-Term Borrowings Financial Assets 60.3 4.0 Secu
Slide 8: FY20 Segmental Performance
FY20 Segmental Performance FY19 Segment Breakup FY20 Segment Breakup Acid & Others Acid & Others Cattle Feed 2% Cattle Feed 2% 1% 1% Dyestuff Fertilisers Dyestuff Fertilisers 22% 22% 24% 36% Dye Dye Intermediate Intermediate 51% 39% Consolidated financials Consolidated financials FY19 Consolidated R
Slide 9: Company Overview
a Company Overview
Slide 10: Completely Integrated Product Portfolio
Completely Integrated Product Portfolio Acid Complex DCP – Cattle Feed Fertilisers Dye Intermediates Dyestuff Capacity 40,000 MTA 4,500 MTA 1,50,000 MTA 8,986 MTA 6,000 MTA Acid - Sulphuric Cattle Feed - DCP SSP, NPK, SOP and Soil Vinyl Sulphone, H-Acid, Reactive dyes Products Acid, Oleum and Condit
Slide 11: A Cost-Efficient Business Model
A Cost-Efficient Business Model Strategic All manufacturing facilities are within MIDC, Lote Parshuram, Maharashtra, thus offering numerous Plant Location logistics and management control advantages Own Logistics Own Logistics fleet that brings ease of transportation without time delays in sourcing
Slide 12: While Maintaining Best In Class Environmental Compliance
While Maintaining Best In Class Environmental Compliance Efficient use of byproducts: effluents/ wastes from one production activity are utilized in other product verticals to create a set of value-added products Zero waste company: the methodology of using effluents of one vertical in another leads
Slide 13: Chemical (DI and DS) Segments Overview
Chemical (DI and DS) Segments Overview
Slide 14: Overview Of Dyestuff And Dye Intermediates
Overview Of Dyestuff And Dye Intermediates Single product in 2001 to over 10 products now Revenue (Rs. Cr) Product Capacity MTPA 227 200 H-Acid 3,150 Dye Intermediates VS 3,700 135 Wide range of products K-Acid 960 under one roof Gamma 480 Meta Ureido Aniline 600 R Salt 96 FY18 FY19 FY20 Lower reven
Slide 15: The Evolution of Chemical Business
The Evolution of Chemical Business FY 16 - IPO FY 20 - Now Way ahead A dye intermediates An integrated dye Market leader with company player with a one of the largest diversified portfolio capacities Evolved from 2 products in 2001 to a Expanded DI products basket; Planned capex of Rs. 75 Cr to furt
Slide 16: Industry Opportunities For Dye And Dye Intermediates
Industry Opportunities For Dye And Dye Intermediates ▪ The Indian Dyestuff and Dye Intermediate industry is undergoing a transitionary phase – the country went from being a net importer to a leading exporter across the globe ▪ The Indian Dye Intermediates market is expected to grow to $6.3 billion b
Slide 17: Fertilisers Segments Overview
Fertilisers Segments Overview
Slide 18: Overview of Fertiliser Segment
Overview of Fertiliser Segment Pan-India presence in key agriculture states Product Capacity MTPA Single Super Phosphate (SSP) 2,00,000 Backward Maharastra and Nitrogen Phosphorus Potassium (NPK) 18,000 Shree Pushkar integration from DI Standalone Karnataka Sulphate of Potash (SOP) 20,000 and dyestu
Slide 19: The Evolution of Fertilizer Business
The Evolution of Fertilizer Business FY 16 - IPO FY 20 - Now Way ahead A fertiliser producer A key fertiliser Market leader with with presence in producer with wider range of fertiliser select states presence products and pan India presence Initial expansion into fertilizer Acquired Kisan Phosphates
Slide 20: Industry Opportunities For Fertilisers
Industry Opportunities For Fertilisers ▪ Fertilisers are a key component in the growth of India’s agriculture sector, which accounts for about a sixth of the country’s GDP ▪ India is the world’s second-largest consumer of fertilisers and the world’s third-largest producer Strong Industry Demand Driv
Slide 21: Growth Strategy
a Growth Strategy
Slide 22: CAPEX Plan To Tap Into These Opportunities
CAPEX Plan To Tap Into These Opportunities Rs. 110 Cr DI Expansion MBPL Acquisition Revamp – Unit 1 Rs. 75 Cr Rs. 28 Cr Rs. 5 Cr • 52 Cr already incurred • Revamp of Unit 1 has • Will bring additional • Equipment machinery been completed 1,50,000 TPA of and premises being set • Will see the results
Slide 23: Historical Financial Highlights
Historical Financial Highlights
Slide 24: Key Financial Highlights - Consolidated
Key Financial Highlights - Consolidated Revenue (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 452 41 395 67 37 36 346 61 50 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 24
Slide 25: Delivering Consistent Financial Performance - Consolidated
Delivering Consistent Financial Performance - Consolidated EBITDA Margin ROCE ROE 21.0% 15.4% 19.9% 17.0% 14.8% 14.5% 15.7% 15.1% 12.1% FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 ROCE = EBIT/Average Capital Employed (Equity + Short & Long Term Debt) ROE = Net Income/Average Shareholders Equity A Z
Slide 26: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shree Pushkar Chemicals and Fertilisers Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or
Slide 27: Thank You
Thank You Shree Pushkar Chemicals & Fertilisers Ltd S N Sengupta, Associate Director sengupta@shreepushkar.com Pareto Capital (Investor Relations) Pooja Dokania pooja.dokania@paretocapital.in Rishav Das rishav.das@paretocapital.in 210, B Wing, Kanakia Wall Street Andheri East, Mumbai - 400069
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