Gujarat Fluorochemicals Ltd. · NSE:FLUOROCHEM
Gujarat Fluorochemicals — Q1 FY2025 Earnings Presentation
31 slides from Gujarat Fluorochemicals's earnings presentation, Aug 13, 2024
Slide 1: Exchange filing cover letter for Q1FY25 investor presentation
GFCL: BRD: 2024 13th August, 2024 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai 400 001 Bandra (E), Mumbai 400 051 Scrip Code: 542812 Symbol: FLUOROCHEM Sub: Investor Presentation f
Slide 2: Gujarat Fluorochemicals Limited Investor Presentation Q1FY25
Gujarat Fluorochemicals Limited Investor Presentation Q1FY25
Slide 3: Earnings Update Q1FY25, Financial Trend, Company Overview, Core Competencies
Earnings Update Q1FY25 Financial Trend Company Overview Core Competencies 2
Slide 4: Earnings Update Q1FY25
[GUJARAT FLUOROCHEMICALS, Earnings Update QIFY25
Slide 5: Q1FY25 Highlights
Q1FY25 Highlights ➢ Consolidated Revenue from Operations for Q1FY25 was Rs. 1,176 Cr up by 4% on a QoQ basis. ➢ Consolidated EBIDTA for Q1FY25 was Rs. 262 Cr up by 10% on a QoQ basis and EBIDTA margins for Q1FY25 stood at 22%. ➢ Consolidated PAT for Q1FY25 was at Rs. 108 Cr up by 7% on a QoQ basis.
Slide 6: Consolidated Revenue from Operations
Consolidated Revenue from Operations 1,209 1,176 1,176 1,133 4% 3% Q4FY24 Q1FY25 Q1FY24 Q1FY25 Figures in Rs. Cr 5
Slide 7: Consolidated EBITDA & EBIDTA Margin
Consolidated EBITDA & EBIDTA Margin 29% 22% 21% 262 22% 238 348 262 25% 10% Q4FY24 Q1FY25 Q1FY24 Q1FY25 EBITDA EBITDA % EBITDA EBITDA % Figures in Rs. Cr 6
Slide 8: Consolidated PAT & PAT Margin
Consolidated PAT & PAT Margin 9% 17% 9% 201 9% 108 101 108 7% 46% Q4FY24 Q1FY25 Q1FY24 Q1FY25 PAT PAT % PAT PAT % Figures in Rs. Cr 7
Slide 9: Business Vertical – Fluoropolymers
Business Vertical – Fluoropolymers 645 685 6% Performance and Outlook - Fluoropolymer Fluoropolymers continue to improve quarter on quarter, however the revenues during this quarter have been impacted because of logistics disruptions caused Q4FY24 Q1FY25 due to red sea crisis. Revenue New fluoropoly
Slide 10: Business Vertical – Fluorochemicals
Business Vertical – Fluorochemicals 302 297 2% Performance and Outlook - Fluorochemicals Refrigerant volumes and prices have marginally improved during the quarter. Revenue Q4FY24 Q1FY25 Specialty chemicals remained muted during the quarter and continue to face headwinds from Chinese competition. 33
Slide 11: Business Vertical – Bulk Chemicals
Business Vertical – Bulk Chemicals 176 169 4% Performance and Outlook – Bulk Chemicals Revenue Q4FY24 Q1FY25 Capacity utilisation was close to the baseline operations during the quarter. During the quarter, caustic soda prices have marginally increased however 167 169 the MDC prices have softened fu
Slide 12: Financial Trends
Financial Trends 11
Slide 13: Annual Revenue, EBIDTA and PAT Trend
Annual Revenue, EBIDTA and PAT Trend 2,047 6000 5685 5000 4281 3954 4000 3403 1,198 36% 2606 2651 955 3000 1954 2518 30% 638 2000 1302 553 1344 1176 24% 262 1000 2000 2282 21% 22% 1262 1349 1763 750 22% 0 426 FY 20 FY 21 FY 22 FY 23 FY 24 Q1FY25 FY 20 FY 21 FY 22 FY 23 FY 24 Q1FY25 Domestic Revenue
Slide 14: RoCE, RoE, Working Capital & Capex Trend
RoCE, RoE, Working Capital & Capex Trend RoCE RoE 34.07% 27.14% 24.46% 20.10% 14.63% # 14.46% # 12.50% # 12.64% # FY 22 FY 23 FY 24 Q1FY25 FY 22 FY 23 FY 24 Q1FY25 Working Capital Days Capex (Rs. Cr) 1349 167 157 1050 @ 128 660 700 120 500* FY 22 FY 23 FY 24 Q1FY25 FY22 FY22 FY23 FY23 FY24 FY24 FY25
Slide 15: Company Overview
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Slide 16: INOXGFL Group
INOXGFL GROUP INOXGFL Group, with a legacy of over 90 years, is one of the largest business Groups in India. It is a forerunner in diversified business segments comprising fluoropolymer, fluorochemicals, battery chemicals, wind turbines and renewables. The Group currently with 4 listed entities has
Slide 17: Business Verticals
Business Verticals 30 years of expertise in Fluorine Chemistry FLUOROPOLYMERS Established player in Fluoropolymers, Specialty Chemicals, Refrigerants & Bulk Chemicals FLUOROCHEMICALS Three manufacturing facilities in India, Fluorspar mine in Morocco, facilities and warehouses in Europe, USA and Midd
Slide 18: Fluoropolymers Vertical
Fluoropolymers Vertical PRODUCTS PTFE MICRO POWDERS PFA PVDF FEP FKM PPA APPLICATIONS • Oil & Gas • Printing Inks • Semi-conductors • Chemical • Wire & Cable • Automotive • Improve Surface • Pharma & CPI • Engineering • Aero-space Processing • Defense • Chemicals Finish & Gloss • Food Plastics • Che
Slide 19: Fluorochemicals Vertical
Fluorochemicals Vertical PRODUCTS HF BASED TFE BASED KF BASED REFRIGERANTS APPLICATIONS • Agrochemical majorly Insecticides, • Pharmaceutical Intermediates, • Pharmaceutical Intermediates, • Air-conditioners Herbicides & Fungicides • Agrochemical Pesticide & • Agrochemical Pesticide & • Plant Growth
Slide 20: Bulk Chemicals Vertical
Bulk Chemicals Vertical PRODUCTS CAUSTIC SODA CHLOROFORM METHYLENE DI CHLORIDE CTC APPLICATIONS • Textiles • Feedstock for Refrigerant • Pharma API • Pesticides • Soaps & Detergents Gas R-22 • Foam manufacturing • Agricultural Chemicals • Alumina • Solvent - Pharma • Agri-chem & Pharma • Plastics Fo
Slide 21: Battery Materials
Battery Materials Battery agnostic offerings; covering both LFP and NMC batteries GFCL EV current product portfolio caters to ~ 40% value of LFP battery cost GFCL EV to tap significant global opportunities presented by the EV & ESS eco-systems over decades to come Fully integrated battery materials
Slide 22: Battery Materials
Battery Materials Market Size (GWh) 7,000 5,905 6,000 5,000 4,747 3,950 4,000 3,180 3,000 2,327 2,000 1,775 1,361 1,081 1,000 Product % of LFP Battery cost 0 Cathode 31% FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 Anode 20% Electrolyte 6% Separator 6% GFCL EV’s current product portfolio caters to ~ Casi
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Slide 24: Core Competencies
Core Competencies Integrated Plant Operations Manufacturing Capabilities Global Presence 23
Slide 25: Integrated Operations
Integrated Operations GFL’s vertically integrated facility makes it one of the most reliable producers of a wide range of Fluoropolymers * globally. Integration play helps GFL to maximise value addition. * Under Implementation 24
Slide 26: Manufacturing Facilities
Manufacturing Facilities RANJIT NAGAR, GUJARAT, INDIA DAHEJ, GUJARAT, INDIA JOLVA, GUJARAT, INDIA Specialty Chemicals & Refrigerants Fluoropolymers, Specialty & Bulk Fluoropolymers, Specialty & New Chemicals Age Chemicals Commissioned in 1989 Commissioned in 2007 Under Phased Commissioning Largest R
Slide 27: Research & Development
Research & Development Enables customised solutions Collaborates with renowned and develop sustainable educational and research technology institutes Equipped with team of highly efficient researchers, scientists and product specialists, state of the art equipment including application development l
Slide 28: Sustainability Awards & Certification
Sustainability Awards & Certification ESG Ratings Environment Social Governance ISO 14001:2015 ISO 45001:2018 ISO 37001:2016 Environment Management Occupational Health & Anti Bribery Management System Safety Management System System ISO 9001:2015 SA – 8000 ISO/IEC 27001:2022 Quality Management Socia
Slide 29: Environment and Social Parameters
Environment and Social Parameters Environment Social 2000282 GJ 3418 Numbers FY 23 Renewable energy inputs FY 23 Total Employee Reused 24% 8% FY 23 Integrated Waste Management FY 23 Employee Retention Rate 14% > 0.25 FY 23 Water Consumption FY 23 Lost time incident frequency rate (LTIFR) 11% >
Slide 30: Regulatory Compliance
a” ® [GUJARAT FLUOROCHEMICALS, Regulatory Compliance acorn hn INOYAGEL coup Company ‘I USE } osm : ii REACH - Registration, Evaluation, ROHS - Restriction of Hazardous Substances USP Class VI - United States Pharmacopeia Authorization and Restriction of Chemicals © GECHA EUROPEAN CHEMICALS AGENCY EC
Slide 31: Thank You
THANK YOU Vibhu Agarwal Manoj Agrawal Bhavin Desai Head Investor Relations Chief Financial Officer Company Secretary E-mail: vibhu.agarwal@gfl.co.in E-mail: manojagrawal@gfl.co.in E-mail: bvdesai@gfl.co.in This presentation and the following discussion may contain “forward looking statements” by Guj
Gujarat Fluorochemicals — Q1 FY2025 Earnings Presentation on 6ix