Navin Fluorine International Limited · NSE:NAVINFLUOR
Navin Fluorine International — Investor Presentation (December 2024)
34 slides from Navin Fluorine International's investor presentation, Dec 3, 2024
Slide 1: Intimation of Schedule of Analyst / Institutional Investor Meet
December 03, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai 400001 Mumbai 400051 Scrip Code: 532504 Symbol: NAVINFLUOR Dear Sir/Madam, Sub.: Intimation of Schedule of Analyst / Insti
Slide 2: Investor Presentation - October 2024
Investor Presentation - October 2024
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Navin Fluorine International Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Q2 & H1 FY25 - Operational Performance
Q2 & H1 FY25 - Operational Performance
Slide 5: Q2FY25 Performance at a glance
Q2FY25 Performance at a glance Sales Operating EBITDA Operating EBITDA Margin Q2FY25 Rs. 518.6 Crs Rs. 107.4 Crs 20.7% + 10% Y-o-Y + 9% Y-o-Y - 14 bps Y-o-Y - 1% Q-o-Q + 7% Q-o-Q + 154 bps Q-o-Q Revenue Growth (Y-o-Y) HPP Specialty CDMO 23% -15% 41% Consolidated Financials 4
Slide 6: H1FY25 Performance at a glance
H1FY25 Performance at a glance Sales Operating EBITDA Growth (Y-o-Y) Operating EBITDA Margin H1FY25 Rs. 1,042.2 Crs Rs. 207.7 Crs 19.9% 8% -2% -215 bps Revenue Growth (Y-o-Y) HPP Specialty CDMO 41% -23% 5% Consolidated Financials 5
Slide 7: Business Vertical - HPP
Business Vertical - HPP Revenues Q2FY25 Highlights +23% ✓ Continued HFO and R32 operations at an optimum level 293 238 ✓ Increase mainly reflects higher R32 sales, improved R22 realisations ✓ AHF capex for Rs. 450 crore on schedule to commission by end FY 25/ early FY 26 Q2FY24 Q2FY25 ✓ Additional R
Slide 8: Business Vertical - Specialty Chemicals
Business Vertical - Specialty Chemicals Revenues Q2FY25 Highlights -15% ✓ Sales impacted by global industry macro - cautious 185 158 demand and competitive forces ✓ Strong order visibility for Q3 & Q4 FY25 and beyond into FY26 (Surat + Dahej assets) ✓ One new molecule introduced at Surat; two furthe
Slide 9: Business Vertical - CDMO
Business Vertical - CDMO Revenues Q2FY25 Highlights +41% ✓ Strong order book position for H2FY25 68 ✓ European CDMO MSA – 48 - Strong customer projection for FY26 - Orders in hand for supply in Q4 of 2 new late-stage intermediates ✓ Strategy in-action : Q2FY24 Q2FY25 - EU Major – quantity supplied f
Slide 10: Consolidated Profitability Statement
Consolidated Profitability Statement Y-o-Y Q-o-Q Y-o-Y Particulars (Rs. Crs.) Q2 FY25 Q2 FY24 Q1 FY25 H1FY25 H1FY24 Change % Change % Change % Net Revenue From Operations 518.56 471.79 10% 523.68 -1% 1,042.24 962.94 8% Raw Material 223.98 202.02 230.39 454.37 404.71 Employee Expenses 76.95 60.86 78.
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs. Crs.) Sep'24 Mar'24 Particulars (Rs. Crs.) Sep'24 Mar'24 ASSETS EQUITY AND LIABILITIES Non-current Assets Equity Property, Plant And Equipment 1,751.47 1,685.44 Equity Share Capital 9.92 9.91 Other Equity Right-of-use Assets 45.77 48.43 (i) Reserves & Surp
Slide 12: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Cash Flow Statement (Rs. Crs.) Sept’24 Mar’24 Cash Flow From Operating Activities Profit Before Tax 145.05 335.54 Adjustment For Non-operating Items 78.07 87.60 Operating Profit Before Working Capital Changes 223.12 423.13 Changes In Working Capital 29.49 361.03 Cash
Slide 13: Standalone Profitability Statement
Standalone Profitability Statement Y-o-Y Q-o-Q Y-o-Y Particulars (Rs. Crs.) Q2 FY25 Q2 FY24 Q1 FY25 H1FY25 H1FY24 Change % Change % Change % Net Revenue From Operations 385.82 314.83 23% 376.28 3% 762.10 665.54 15% Raw Material 174.89 141.57 171.13 346.02 287.00 Employee Expenses 55.95 39.03 57.19 1
Slide 14: Standalone Balance Sheet
Standalone Balance Sheet Particulars (Rs. Crs) Sep'24 Mar'24 Particulars (Rs. Crs) Sep'24 Mar'24 ASSETS EQUITY AND LIABILITIES Non-current Assets Equity Equity Share Capital 9.92 9.91 Property, Plant And Equipment 618.58 609.35 Other Equity Right-of-use Assets 20.89 22.79 (i) Reserves & Surplus 2,21
Slide 15: Standalone Cash Flow Statement
Standalone Cash Flow Statement Cash Flow Statement (Rs. Crs.) Sept’24 Mar’24 Cash Flow From Operating Activities Profit Before Tax 132.03 292.47 Adjustment For Non-operating Items 20.20 -27.67 Operating Profit Before Working Capital Changes 152.23 264.80 Changes In Working Capital -67.19 325.89 Cash
Slide 16: Consistent Dividend Performance
Consistent Dividend Performance Dividend as % of Face Value Special Final Interim Payout % 750% 750% 150% 600% 550% 550% 550% 500% 150% 600% 150% 390% 350% 350% 300% 300% 315% 75% 200% 180% 210% 160% 160% 400% 140% 150% 150% 130% 110% 65% 75% 85% 85% 250% 250% 250% 250% 250% 75% 85% 190% 170% 85% 10
Slide 17: ESG - Sustainability Targets
ESG - Sustainability Targets E nvironment s ocial G overnance 100% recycling of packaging 10% gender diversity in 100% resolution of material by 2025 as per EPR work force by 2030 complaints compliance 30% reduction in carbon 25% gender diversity in Zero cases of corruption emission by 2030 leadersh
Slide 18: Navin Fluorine at a glance
Navin Fluorine at a glance
Slide 19: Navin Fluorine – Trusted Global Partner
Navin Fluorine – Trusted Global Partner 01 One of the most respected Global Players in specialty fluorochemicals 02 Trusted partner to global Life science, Crop Science and Performance Material companies 03 Successful track record of disciplined execution Witnessing an exciting growth phase, making
Slide 20: Integrated Pathway for Driving Growth
Integrated Pathway for Driving Growth Manufacturing Fluorination • Pioneered Manufacturing of Refrigerant • Chemical Complex at Surat spread over Gases in India 135 acres, houses Refrigerant, Inorganic & Specialty Chemicals Plants Manufacturing Fluorination • Over 50 years of experience in handling
Slide 21: Journey of Transformation continues…
Core Business Strategy Valuable and Presence into High- Customer’s clear Dependable demand specialized choice - Strong pillar Fluorochemical product basket of Partnership Company Driving operational excellence, ensuring financial robustness, disciplined execution, diversifying revenue streams, stren
Slide 22: Reinforcement of Trust
Reinforcement of Trust Delivering on the 3P Strategy (Product, Platform and Partnerships) through New Capex Programs 01 02 03 Beginning of New Partnership in Launch of new products in $410 Mn Multi Year Contract in High agrochemicals backed by multi year agrochemicals through Multi-Purpose Performan
Slide 23: Our Competitive Edge
Our Competitive Edge Reputed Brand Credible Certifications 01 Market leader known for service reliability, 07 To enhance stakeholder confidence through accreditations such manufacturing excellence, and superior value as ISO 45000-1, ISO 14000-1, ISO 9000-1 and Responsible Care. State-of-the-art Faci
Slide 24: What Sets Us Apart…
What Sets Us Apart… 01 02 03 04 05 50+ years of expertise in One of the first Indian Committed to working as both First and only producer of Largest producers of inorganic handling complex fluorine companies to enter the - a Platform Company and a hydrofluoroolefins (HFO) in fluorides in India anhyd
Slide 25: ESG represents the foundation of our business
ESG represents the foundation of our business
Slide 26: Our Approach to Sustainability
Our Approach to Sustainability Approach Environment Social Governance ✓ Effective control systems ✓ Workforce ✓ Board of Directors ✓ Reducing greenhouse gas ✓ Customer and Vendors ✓ Integrity emissions ✓ Community ✓ Long Term ✓ Compliance ✓ Managed Expansion ✓ Audit ✓ Brand 25
Slide 27: Our Environment Conservation initiatives
Our Environment Conservation initiatives Water Conservation Energy Conservation Environment • Installed a flow meter to monitor • Enhanced natural gas consumption by • The Surat facility won first prize in the consumption, replaced damaged pipelines, optimizing flue gas recycling into the water Guja
Slide 28: Impact of Key Environment Conservation Initiatives
Impact of Key Environment Conservation Initiatives Dewas plant is a 74.1% 23.6% 224.9 kl/day of water 1.38 crores kwh units Zero Liquid Discharge facility Total waste recycled renewable electricity Recovery of water from steam Consumed renewable 7-fold increase from previous condensate directly fed
Slide 29: Our Social Initiatives
Our Social Initiatives Workforce Customers & Vendors Strategic investments in its Strengthened engagements with workforce, including recruitment, vendors, in addition to customers. Due retention and training, to improve to the complex nature of resources efficiency and effectiveness. being used, the
Slide 30: Governance Best Practice
Governance Best Practice Composition of the Statutory Governance Programme Committees as on September 30, 2024 Structured policies and processes addressed investor grievances Out of 4 Members of the Audit Committee, 3 Reported NO are Independent and 1 Non-Executive ✓ Auditor qualification against th
Slide 31: Balanced Board with Experience and Expertise
Balanced Board with Experience and Expertise Board Demographics Meetings Board Independence during Highly FY 2024 engaged 5 of 9 Board 18 55% Directors are actively involved in NFIL’s Board Committee Independent strategic transformation 57 years median Directors’ age 9 Highly Experienced Board Board
Slide 32: Diversity of thought and experience
Diversity of thought and experience Board of Directors Mr. Vishad P. Mafatlal (Chairman) Ms. Apurva S. Purohit (Independent Director) He is an industrialist having varied experience of over 27+ Years in the field of Textiles She is a prominent Indian Business leader with over 31 years of experience
Slide 33: Strengthening Community Engagement at Navin Fluorine
Strengthening Community Engagement at Navin Fluorine 7.99 Crores Total CSR expenditure for the financial year ended March 31, 2024 CSR contribution made towards: CANCER PATIENT AID SHRI SADGURU SEVA SANGH CHARUTAR AROGYA BLIND PEOPLE’S ASSOCIATION TRUST MANDAL ASSOCIATION ARVIND MAFATLAL FOUNDATION
Slide 34: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Navin Fluorine International Ltd. Orient Capital (a division of Link Group) CIN : L24110MH1998PLC115499 Ms. Payal Dave +91 9819916314 payal.dave@linkintime.co.in Mr. Anish Ganatra payal.dave@linkintime.co.in Chief Finan
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