Tata Chemicals Limited · NSE:TATACHEM
Tata Chemicals — Q1 FY24 Earnings Presentation
20 slides from Tata Chemicals's earnings presentation, Aug 7, 2023
Slide 1: Exchange submission letter for analysts/investors presentation
August 7, 2023 The General Manager The Manager Corporate Relations Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500770 Symbol: TA
Slide 2: Investors Communication: Quarter Ended June 2023
Investors Communication ----------------------------- Quarter Ended June 2023
Slide 3: Safe Harbour Statement
Safe Harbour Statement “This Presentation, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expression
Slide 4: Financial Highlights
Financial Highlights Quarter Ended: June 2023 3
Slide 5: Performance Highlights: Consolidated
Performance Highlights : Consolidated Q1FY24 ₹ 4,218 Cr (CY) vs Revenue ↑ 6% ₹ 3,995Cr (PY) ▪ Higher revenue on account of better realizations partly impacted by lower volumes (dispatches in India impacted by cyclone Biparjoy for 10 days) ₹ 1,043 Cr (CY) vs EBITDA ↑ 3% ₹ 1,015 Cr (PY) ▪ EBITDA growt
Slide 6: Financial Snapshot for the Quarter Ended June 23
Financial Snapshot for the Quarter Ended June 23 Consolidated | ₹ Crore Revenue EBITDA Profit Before Tax Profit After Tax 4,218 4,407 3,995 1,043 965 1,015 749 686 797 578 694 641 Q1FY24 Q4FY23 Q1FY23 Q1FY24 Q4FY23 Q1FY23 Q1FY24 Q4FY23 Q1FY23 Q1FY24 Q4FY23 Q1FY23 Revenue up by ₹ 223 Crore (↑6%) EBIT
Slide 7: Sales Volumes | Key Products
Sales Volumes | Key Products Soda Ash | In Kts Sodium Bicarbonate | in Kts Salt | in Kts India US - Domestic US - Export UK Kenya India UK India UK 803 897 885 53 56 58 384 415 418 55 63 83 57 60 72 75 88 65 24 23 28 295 371 276 312 340 330 240 291 237 29 33 30 155 166 169 Q1FY24 Q4FY23 Q1FY23 Q1FY2
Slide 8: Unit wise Profit & Loss
Unit wise Profit & Loss Statement of Profit and Loss for the quarter ended June 23 Units Consolidated TCL India US UK Kenya Rallis Q1 Q4 Q1 Var Q1 Q4 Q1 Var Q1 Q4 Q1 Var Q1 Q4 Q1 Var Q1 Q4 Q1 Var Q1 Q4 Q1 Var Rs Cr FY24 FY23 FY23 Vs PY FY24 FY23 FY23 Vs PY FY24 FY23 FY23 Vs PY FY24 FY23 FY23 Vs PY F
Slide 9: Historical Financial Trends
Historical Financial Trends Consolidated | ₹ Crore Standalone | ₹ Crore 2,00 0 1,80 0 4,239 4,148 4,407 4,218 1,60 0 3,995 1,40 0 3,481 1,20 0 Revenue 3,023 3,141 1,225 1,218 1,302 1,185 1,00 0 800 1,115 1,135 600 847 931 400 200 - Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY22 Q3FY2
Slide 10: Expansion Plan on track
Expansion Plan on track Expansion - Ongoing Expansion - Planned Capacity Incremental Capacity Products (Lacs MT) FY23 H1 FY24 H2 FY24 Products (beyond Ongoing Expansion) Expansion Soda Ash 2.3 Soda Ash ~30% 0.45 1.85 Bicarb 0.7 Bicarb ~40% 0.70 Salt 3.3 3.30 Silica 5x Till June 23 Target Completion
Slide 11: Strategic Priorities
Strategic Priorities • Deliver consistent market and customer delivery performance through customer engagement TCL • Deliver capacity expansions on schedule - Soda Ash, Bicarb & Salt expansion on stream by FY24 • Continue focus on cost management • Extend Portfolio offerings: New product introductio
Slide 12: Sustainability
Sustainability ESG initiatives Priorities Focus Areas & Projects ESG Focus Sustainable & Ethical Impacts • ESG Action Report published with integrated report FY23 Climate • Biomass scaleup study underway Change Absolute carbon emission reduction • Energy Efficiency projects under implementation. Ene
Slide 13: Awards and Recognitions
Awards and Recognitions Innovation Centre bags 'Gold Standard Award' at the 4th CII National EHS Circle Competition 2023 The CII National EHS Circle Award for "Best Case in Resource Management" is attributed to the 'Scrap to Art' project installed at IC At the 7th Annual Treasury Management India Su
Slide 14: Tata Chemicals - Background Annexure
Tata Chemicals - Background Annexure 13
Slide 15: Journey So far
Journey So far Till FY21 FY20 FY18 Onwards Divestment of Urea Completed and Phosphate Demerger of Focused Chemistry Solutions Fertiliser Business Consumer Products Company Business With 13 Supported by 3 R&D Footprint across 4 Employing ~5,000 Manufacturing centers with Continents people units 200 +
Slide 16: Our Facilities | India Operations
Our Facilities | India Operations India India Rallis India Limited1 Major Soda ash, Bicarb, Salt, Marine chemicals Prebiotics Crop Care, Crop Protection and Seeds Products and Cement Specialty silica (herbicides, fungicides and insecticides, etc) Soda Ash: 1,091,000 MTPA Installed Prebiotic: 5,000 M
Slide 17: Our Facilities | International Operations
Our Facilities | International Operations US UK Kenya Major Soda Ash, Bicarb, Soda Ash Soda Ash Products Salt Soda Ash: 400,000 MTPA Installed 2,540,000 MTPA Bicarb: 130,000 MTPA 350,000 MTPA Capacity* Salt: 430,000 MTPA Lostock & Winnington, Location Wyoming, US Magadi, Kenya Middlewich, UK * Inclu
Slide 18: TCL Innovation Centre | R&D Facilities
TCL Innovation Centre Our Facilities | R&D Facilities • 200+ Technically skilled Scientists in R&D • 3 State-of-the-art innovation Centers • Intellectual property |200 patents filed; 133 granted Rallis India R&D 17
Slide 19: Soda Ash Sales Volume Trends
Soda Ash Sales Volume Trends Domestic Domestic Exports India | In Kts 617 615 610 608 US | In Kts 178 176 578 586 568 561 167 169 166 535 156 154 156 155 317 353 320 323 276 289 313 371 295 261 264 266 292 292 272 297 237 240 - - - - - - - - Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY22
Slide 20: Thank You
Thank You For any queries please contact below : Sriram Srinivasan ssriram@tatachemicals.com Damini Jhunjhunwala djhunjhunwala@tatachemicals.com Gavin Desa gavin@cdr-india.com Chemistry of Resilience Suraj Digawalekar suraj@cdr-india.com 19