Himadri Speciality Chemical Ltd. · NSE:HSCL
Himadri Speciality Chemical — Q3 FY2022 Earnings Presentation
29 slides from Himadri Speciality Chemical's earnings presentation, Feb 28, 2022
Slide 1: Exchange filing cover letter
Himadri Ref. No: HSCL / Stock-Ex/2021-22/72 Date: 28/02/2022 E-mail: mon i ka(a)h i mad ri.com Ref: Listing Code: 500184 (Equity) Ref: Listing Code: HSCL BSE Limited National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, C-1, Block-G P. J. Towers, 25th Floor, Bandra Ku
Slide 2: Investor Presentation Q3FY22
PTIMISM INVESTOR PRESENTATION Q3FY22
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Himadri Speciality Chemical Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Innovations: To deliver value-added products across segments
Innovations: To deliver value-added products across segments In-house R&D team enabled Himadri to forward integrate and regularly launch new specialised products as well as improve the quality of the existing products significantly Faster Growth through Value-added products COAL TAR PITCH Developed
Slide 5: Sustainable Model of Development
Sustainable Model of Development Energy Conservation • Waste Heat Recovery System • Energy savings through Water Conservation • Process Re-engineering 03 Proactive investments in Equipment, People and 02 04 Processes with the objective to Strict Control Measures against Air, Water, Solid reduce effl
Slide 6: Volumes sustained and Revenues inching up in Q3FY22
Volumes sustained and Revenues inching up in Q3FY22 Sales Volume (MT) Revenue (Rs. In Crs) EBITDA (Rs. In Crs) PAT (Rs. In Crs) 8.7% 5.3% 4.6% 3.7% 1.8% 2.1% 98,277 772 41 93,577 93,451 17 645 36 16 34 467 12 Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY22 ✓ Topli
Slide 7: Consistent Sales Volume
Consistent Sales Volume Sales Volume (MT) Sales Volume YTD (MT) Due to disruption in operations on the back of COVID-19 2nd wave there was slow pick in the sales 3,79,679 volumes 3,56,902 3,63,154 3,41,931 98,277 3,20,373 96,632 93,577 93,451 83,938 86,200 2,73,229 63,084 Q1FY21 Q2FY21 Q3FY21 Q4FY21
Slide 8: Strong Balance Sheet
Strong Balance Sheet Long Term Borrowings Net Debt (Rs. In Crs) -88 233 188 +230 154 145 660 124 583 527 Mar 19 Mar 20 Mar 21 Sep-21 Dec-21 463 430 Net Debt/Equity 0.38x 0.34x 0.28x 0.30x 0.26x Mar-19 Mar-20 Mar-21 Sep-21 Dec-21 Mar-19 Mar-20 Mar-21 Sep-21 Dec-21 7 On Standalone basis
Slide 9: Employee Care - Most valuable assets
Employee Care - Most valuable assets Himadri Care Employee Engagement Securing Employees Organization Sponsored Vaccination Camp • Packed Food at our canteen for all • Several Virtual Workshops on • Enhancement of Health Insurance for incumbents at plant with maintaining social distancing Norms. “Ma
Slide 10: Credit Ratings by CARE & ICRA
Credit Ratings by CARE & ICRA Long Term Bank Facilities Long Term Bank/Short Term Bank Facilities Commercial Paper ₹ 112.3 Crores ₹ 1,625 Crores ₹ 300 Crores CARE A+ , Stable CARE A+; Stable/ CARE A1+ CARE A1+ (Singla A plus ; Outlook: (Single A plus; Outlook: (A one plus) Stable) Stable/ A One Plus
Slide 11: Long Term Value Protected
Long Term Value Protected 01 02 Vertically integrated leading Portfolio Transformation Carbon Corporation 03 04 Strong Research & Development Future Strategy 10
Slide 12: Most Integrated Speciality Carbon Corporation Globally
Most Integrated Speciality Carbon Corporation Globally 2010 » Aluminium Grade Pitch 2022 » Heavy Creosote Oils » Graphite Grade Binder Pitch » Anthracene Oil/Carbon Black » Graphite Grade Zero QI Oil/ CT Oil » Coal tar pitch – Binder grade (Quinolene Insoluble) coal tar » SNF » Coal tar pitch – Impr
Slide 13: Portfolio Transformation
Portfolio Transformation From Carbon Black Most Integrated to Speciality Carbon Corporation Globally Speciality Carbon Black From Coal Tar to Advance Carbon Material From Naphthalene Transformation towards To Sulphonated High Value Products Naphthalene Formaldehyde 12
Slide 14: Strong Research & Development
Strong Research & Development World Class An Continuous Techno- Large Knowledge Laboratory Innovation Mindset R&D Commercial Team Bank New brands introduced with multiple grades Working towards Continuous working on Increasing productivity of Manufactured speciality catering to different reducing en
Slide 15: Future Strategy
Future Strategy High Value Right Capacity Strong Clientele Product Pipeline Product Strategic Strong R&D Leadership Location Global Diversified End Management Cutting Edge Markets Team Technologies 14
Slide 16: Financial Performance
x Financial Performance Himadri I ~ Tih 15
Slide 17: Standalone P&L – Q3FY22 & 9MFY22
Standalone P&L – Q3FY22 & 9MFY22 Particulars (In Rs. Crs) Q3FY22 Q3FY21 Y-o-Y Q2FY22 Q-o-Q 9MFY22 9MFY21 Y-o-Y Net Revenue From Operations 772.49 466.81 65% 645.28 20% 1957.52 1113.92 76% Cost of Materials Consumed 639.62 339.7 515.74 1579.26 809.64 Gross Profit 132.87 127.11 5% 129.54 3% 378.26 304
Slide 18: Consolidated P&L – Q3FY22 & 9MFY22
Consolidated P&L – Q3FY22 & 9MFY22 Particulars (In Rs. Crs) Q3FY22 Q3FY21 Y-o-Y Q2FY22 Q-o-Q 9MFY22 9MFY21 Y-o-Y Net Revenue From Operations 772.49 466.81 65% 645.29 20% 1957.53 1113.92 76% Cost of Materials Consumed 630.92 339.28 516.67 1571.55 805.07 Gross Profit 141.57 127.53 11% 128.62 10% 385.9
Slide 19: Standalone Balance Sheet
Standalone Balance Sheet Particulars (in Rs. Crs.) Sep' 21 Mar’21 Particulars (in Rs. Crs.) Sep' 21 Mar’21 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,658.53 1,656.31 EQUITY 1,740.66 1,708.28 Property, Plant and Equipment 1,335.78 1,352.30 Equity Share Capital 41.90 41.90 Capital work-in-prog
Slide 20: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (in Rs. Crs.) Sep' 21 Mar’21 Particulars (in Rs. Crs.) Sep' 21 Mar’21 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,747.19 1,743.75 EQUITY 1,823.69 1,792.22 Property, Plant and Equipment 1,416.79 1,431.93 Equity Share Capital 41.90 41.90 Capital work-in-pr
Slide 21: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Crs.) Sep-21 Mar-21 Sep-21 Mar-21 Profit Before Tax 33.26 63.98 29.63 64.57 Adjustments for: Non-Cash Items / Other Investment or Financial Items 39.12 82.6 40.98 82.95 Operating profit before working capital changes 72.38 146.58 70.61 147
Slide 22: Business Overview
Pad Business Overview Himadri 21
Slide 23: Product Portfolio
Product Portfolio Coal Tar Pitch Carbon Black Speciality Carbon Black Refined Naphthalene 3rd Largest player in Largest Indian Player Largest Indian Player Largest Indian player India Advance Carbon Material SNF Specialty Oils Power Largest Indian player Largest player in India Niche segments in Ind
Slide 24: Applications across Industries
Applications across Industries Paints, Plastic & Fibre Graphite Electrodes Anti Corrosive Material Defence Construction Chemical Aluminium Lithium – Ion Batteries Infrastructure Rubber Industries Wood Preservative Oils Power Specialized Products 23
Slide 25: If You Can Be One Thing, Be Dependable
If You Can Be One Thing, Be Dependable CTP Clientele CB Clientele Others Clientele 24
Slide 26: Contact Details
Contact Details: Company : Investor Relations Advisors : CIN: L27106WB1987PLC042756 (a division of LinkIntime) Mr. Somesh Satnalika Ms. Payal Dave : +91 9819916314 VP Strategy & Business Development payal.dave@linkintime.co.in Email: ssatnalika@himadri.com www.himadri.com www.orientcap.com 25
Slide 27: Investor Release: Q3FY22 Standalone Financial Highlights
Investor Release: February 2022, Kolkata Himadri Speciality Chemical Limited Sales Volume at Revenue EBITDA reported results for the quarter -ended 93,451 MT Rs. 772 crs Rs. 36 crs 31st December 2021 Standalone Financial Highlights: Volumes sustained and Revenues inching up Sales Volume (MT) Revenue
Slide 28: CEO commentary on results and performance
Commenting on the results and performance, Mr. Anurag Choudhary, MD & CEO of Himadri Speciality Chemical Ltd said: “ I am happy to inform you all that inspite of the tough market environment we have been able to grow our revenues by 20% compared to Q2FY22. Our volumes have inched back to pre covid l
Slide 29: About Himadri Speciality Chemical Ltd
About Himadri Speciality Chemical Ltd Himadri Speciality Chemical Ltd (“Himadri Speciality”) was established in 1987, is a leading Carbon corporation with one-of-its-kind vertical integration in the world with headquarters in Kolkata, West Bengal. The Company is a market leader and significant marke
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