Gujarat State Fertilizers & Chemicals Limited · NSE:GSFC
Gujarat State Fertilizers & Chemicals — Q2 FY24 Earnings Presentation
16 slides from Gujarat State Fertilizers & Chemicals's earnings presentation, Nov 7, 2023
Slide 1: Cover letter to stock exchanges
GUJARAT STATE FERTTLTZERS & CHEMICALS UMTTED ffi Fertilizernagar - 391 75O. Vadodara, Gujarat, lNDlA. Cl N : 199999GJ L962PLC00112 1 NO.SEC/SE/RE G-3 0/2 023 7th Novemberr2023 The Corporate Relationship Department The Manager, Listing Department BSE Limited National Stock Exchange of India Ltd. lst
Slide 2: Q2 Performance Highlights
Q 2 FY 23-24 Results Update Media Release Gandhinagar, November 7, 2023 Q2 Performance Highlights • Revenue from Rs 3017 Cr Operation Rs 307 • Book Value Rs 410 Cr • EBIDTA Rs 7.14 • Basic EPS • Net Debt to Rs 285 Cr • PAT 0 Times Equity ratio HIGHLIGHTS: Highest Ever Q2 Revenue (Rs. 3017 Cr.) owi
Slide 3: Capex led Growth Plan and Outlook
Q 2 FY 23-24 Results Update Media Release Capex led Growth Plan: Ongoing Projects FY 22-23 FY 23-24 FY 24-25 FY 25-26 FY 26-27 Ammonium Sulphate-IV 132K TPA Project HX Crystal Project 6.6K TPA 15 MW Solar Power Project at 15 MW(AC) Charanka Urea-II Revamping Project Energy Reduction Sulphuric Acid (
Slide 4: About GSFC and Disclaimer
Q 2 FY 23-24 Results Update Media Release On the Industrial Products front, volatile international market conditions are likely to keep margins limited. Management will continue to optimize the Product Mix to mitigate this impact. About GSFC: GSFC is a joint sector company promoted by Government of
Slide 5: Gujarat State Fertilizers and Chemicals Limited – Q2 FY 23-24
Gujarat State Fertilizers and Chemicals Limited Investor Presentation – Q2 FY 2023-24
Slide 6: Cautionary Note - Forward Looking Statement
Cautionary Note - Forward Looking Statement This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties that could cause actual results to differ mate
Slide 7: GSFC: Many first in India
GSFC: Many first in India… Pioneered the manufacturing of DAP complex fertilizer Largest manufacturer of Nylon-6 Largest manufacturer of Caprolactam The only manufacturer of Melamine The manufacturer of Liquid Calcium Nitrate/ Liquid CN(Fortified) The only manufacturer of HX Sulphate Crystal GSFC In
Slide 8: Companies Promoted by GSFC
Companies Promoted by GSFC GSFC Agrotech Limited Gujarat Chemical Port (wholly-owned Ltd. (formerly GCPTCL) subsidiary) (8%) Gujarat Green Revolution Company Vadodara Enviro (47%) Channel Ltd. (29%) Gujarat Narmada Valley Fertilizers & Chemicals Vadodara Jal Sanchay VJSPL Pvt. Ltd. (60%) (20%) Gujar
Slide 9: Share Price Movement
Share Price Movement GSFC SENSEX Linear (GSFC) Linear (SENSEX) 132 135 125 125 115 115 113 107 106 105 100 103 95 100 91 85 75 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 GSFC Investors Presentation Q2 FY 23-24 4 of 10
Slide 10: Financial Performance
Financial Performance Rs Crores FY 23-24 FY 22-23 FY 23-24 FY 23-24 FY 22-23 Particulars Q2 Q2 Q1 H1 Operating Revenue* 1,775 1,245 1,775 1,186 2,961 2,709 Subsidy Income 1,242 1,160 1,242 846 2,088 2,758 Total Revenue 3,212 2,478 3,212 2,080 5,292 5,569 Operating EBIDTA @ 215 395 215 138 353 931 PB
Slide 11: Volume Performance
Volume Performance Q-2 2023-24 Q-2 2022-23 Q-1 2023-24 Product Production Gross Sales Production Gross Sales Production Gross Sales Qty.-MT Qty.-MT Qty.-MT Qty.-MT Qty.-MT Qty.-MT MANUFACTURED PRODUCTS UREA 103350 105655 85451 82720 71870 72603 A. S. 121325 130324 139920 127777 85140 85616 A.S.P. 84
Slide 12: Capro-Benzene Spread
Capro-Benzene Spread CAPRO BENZENE SPREAD (US$ per MT) $863 $794 $740 $730 $1,187 $673 $911 $936 $965 $872 $2,050 $1,705 $1,676 $1,695 $1,545 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 GSFC Investors Presentation Q2 FY 23-24 7 of 10
Slide 13: Key Input Cost Movement
Key Input Cost Movement Imported P2o5 Ammonia Natural Gas Benzene ('000 Rs/MT) ('000 Rs/MT) (Rs/SM3) ('000 Rs/MT) 117 106 99 96 86 80 82 77 83 75 80 74 71 62 45 60 46 43 43 24 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 GSFC Investors Presentation Q2 FY 23-24 8 of 10
Slide 14: Share Holding Pattern as on 30.09.2023
Share Holding Pattern as on 30.09.2023 Public Promoters Shareholders 38% 39% FII 21% DII 2% As on Change Particulars 30-06-23 30-09-23 Promotors (GSIL) 37.84% 37.84% 0.00% Foreign Institutional/Portfolio Investment (FII/FPI) 20.54% 20.69% 0.15% Domestic Institutional Investment (DII) & Others 2.15%
Slide 15: Expansion Plan on Track
Expansion Plan on Track Ongoing Projects FY22-23 FY23-24 FY24-25 FY25-26 FY26-27 Ammonium Sulphate-IV Project 132K TPA HX Crystal Project 6.6K TPA 15 MW Solar Power Project at Charanka 15 MW(AC) Urea-II Revamping Project Energy Reduction Sulphuric Acid (SA-V) Project 198K TPA 10 MW Electrolyser base
Slide 16: Thank You
THANK YOU
Gujarat State Fertilizers & Chemicals — Q2 FY24 Earnings Presentation on 6ix