Nocil Limited · NSE:NOCIL
Nocil — Q4 FY2024 Earnings Presentation
36 slides from Nocil's earnings presentation, May 29, 2024
Slide 1: Stock exchange covering letter for investor presentation
Date:29th May 2024 The Secretary The National Stock Exchange of India The Bombay Stock Exchange Limited Ltd. “P.J. Towers” Exchange Plaza Dalal Street Bandra Kurla Complex, Mumbai-400 001 Bandra (East) Scrip Code: 500730 Mumbai-400 051 Symbol: NOCIL Dear Sir, Sub: Investor Presentation Pursuant to R
Slide 2: NOCIL Limited Investor Presentation Q4 & FY24
NOCIL LIMITED INVESTOR PRESENTATION Q4 & FY24 1 1
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by NOCIL Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, an
Slide 4: Financial Highlights Q4 & FY24
Financial Highlights Q4 & FY24 3
Slide 5: Quarterly Performance
Quarterly Performance Sales Volume* (Index) Revenue from Operations (Rs. In crores) 151 136 133 138 509 127 123 117 108 389 393 397 351 341 357 326 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY23 FY23 FY23 FY24 FY24 FY24 FY24 FY23 FY23 FY23 FY23 FY24 FY24 FY24 FY24 *Base to 100; considerin
Slide 6: Annual Performance
Annual Performance Sales Volume* (Index) Revenue from Operations (Rs. In crores) 1,617 131 1,572 1,445 128 126 925 114 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 *Base to 100; considering FY20 base period 5
Slide 7: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Rs. In Crores Q4FY24 Q3FY24 Q-o-Q Q4FY23 Y-o-Y FY24 FY23 Y-o-Y Net Revenue from Operations 357 341 5% 393 (-9%) 1,445 1,617 (11%) Raw Material 190 184 199 787 912 Changes in inventory 17 (1) 34 28 (24) Value Addition * 150 158 (5%) 159 (6%) 630 729 (14%) Employee
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. In Crores ) 31-Mar-24 31-Mar-23 Equity and Liabilities (Rs. In Crores ) 31-Mar-24 31-Mar-23 Non-current assets 1,039 976 EQUITY 1,699 1,552 Property, Plant and Equipment 636 653 Equity Share Capital 167 167 Right of Use Assets 230 231 Other Equity 1,532 1,385 C
Slide 9: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. In Crores) Mar-24 Mar-23 Cash flow from operating activities Profit before tax 180 202 Adjustments for noncash items / non-operating items 13 51 Operating profit before working capital changes 193 253 Working capital reductions/(increases) 48 80 Cash
Slide 10: Business Overview
Business Overview 9
Slide 11: Company Overview
Company Overview Growth in the Decade FY2015 FY2024 Revenue (in. Rs. Crs) 719 1,445 2.0x EBITDA (in. Rs. Crs) 112 195 1.7x Operating PBT (in. Rs. Crs) 82 141 1.7x Part of Largest Arvind Mafatlal Group Rubber Chemicals Manufacturer in India Expertise in Rubber Chemical Long Term Business Relationship
Slide 12: Management Team
Management Team Dr. Chinmoy Nandi Dr. Narendra Gangal Mr. Hrishikesh. A. Mr. P. Srinivasan Mr. Prasanna Pandit Vice President (QA, Mr. Anand V.S Vice President (Research Mafatlal President Finance & President – Operations & Analytical & Outsourced Managing Director & Development) Promoter & Chairman
Slide 13: Glimpse of our Plants
Glimpse of our Plants NOCIL’s manufacturing facilities are equipped with State-Of-The-Art Technologies that enable the Company to manufacture products that meet International Standards Navi Mumbai, Maharashtra ➢ The Navi Mumbai production plant, established in 1976, situated in the Trans-Thane Creek
Slide 14: Our Value Proposition
Our Value Proposition ➢ Wide Range of Rubber Products & Product Chemical Products 01 Forms ➢ Varied Product Forms Long Term Relationships ➢ Market Responsive Approach Sales, Marketing & with Customers Technical Services 02 ➢ Strong MTS Team to over 40 Countries offer Technical Services ➢ Experienced
Slide 15: Products & their Usage
Products & their Usage These are ingredients in rubber ANTI-DEGRADANTS/ compounds which deter the ageing and inhibit degradation due to oxygen attack 01 03 ANTI-OXIDANTS of rubber products, thereby enhancing service life Experienced, 02 capable & Latest innovative analytical team of R&D instruments
Slide 16: R&D and Total Quality Management
R&D and Total Quality Management Research & Technology Quality Assurance Certifications Development ➢ NOCIL’s Research Centre at ➢ Quality Management System with a ➢ Independent assurance statement Navi Mumbai recognized by focus on Quality of Raw materials, issued by Bureau Veritas (India) Pvt. Min
Slide 17: Technology & Speciality Chemicals – Moving up the curve
Technology & Speciality Chemicals – Moving up the curve Technology-driven Endeavours Strengthening Presence in Rubber Chemicals Continual Technological Improvement in Product & Processes Strong position in specialized applications R&D Capabilities leading to significant reduction in cost of producti
Slide 18: Rubber Chemicals – Industry Trends
Rubber Chemicals – Industry Trends Stringent Environmental compliance Cost increase in China leading to Better level playing field NOCIL has been awarded by ICC for “Excellence in Management of Environment” under the large chemical industry High Performance Tires Rising Income Extended life, Automot
Slide 19: Strong Foundation Through Our Geographical Presence
Strong Foundation Through Our Geographical Presence Global customers continue to value the strengths and capabilities of your company. With available capacities and gaining of approvals at new locations, will enable your Company to leverage growth opportunities to fulfil its long-term vision of doub
Slide 20: Awards & Accreditations
NOCIL LIMITED. | Awards & Accreditations a | | | ®LacPp 2 ® Lace @LacP esa ounce neon 2022/23 VISION AWARDS NOCIL Limited NOCIL Limited NOCIL Limited SGA Advista SGA Advista SGA Advista is presented with the is presented with the s recognized for developing one of the Platinum Award Technical Achiev
Slide 21: Awards & Accreditations
Awards & Accreditations Recertified for Accorded by Responsible Care Logo by EcoVadis Indian Chemical Council Sustainability Rating 20
Slide 22: Rubber Consumption
Rubber Consumption Global Rubber Consumption (Natural + Synthetic) In million tonnes 29.9 29.1 29.5 29.0 29.0 • Rubber Chemicals constitute ~3.5% of the 28.4 Rubber Consumption 27.5 27.6 • Global Rubber Covid year consumption for CY23 26.6 shows a de-growth of 26.2 around 2% compared to 25.5 CY22 20
Slide 23: NOCIL Total Sales vs. Global Rubber Consumption Trend
NOCIL Total Sales vs. Global Rubber Consumption Trend 250 Indexed 202 194 197 200 174 156 160 154 150 139 119 124 100 106 100 113 116 115 119 118 118 102 105 107 110 107 100 50 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 NOCIL Sales Global Rubber Consumption 01 02 04 03 Global Rubb
Slide 24: Why NOCIL is a Supplier of Choice
Why NOCIL is a “Supplier of Choice” Environment Friendly Product Testing & Critical factors pivotal towards NOCIL Processes emerging as a prominent player in the Dependable Player Validation rubber chemical industry are: Approved and registered Continuous investments are Dependable & quality player
Slide 25: China + 1 Strategy
CHINA + 1 STRATEGY Rubber Chemicals Industry Currently, China is a dominant Global sourcing strategy player in the Rubber Chemical expected to undergo a Industry contributing over 80% change to include China +1 India Rest of World Tire majors across world NOCIL is Dependable, Non- looking for altern
Slide 26: Environmental, Social, and Governance
Environmental, Social, and Governance 25 25
Slide 27: Environmental Initiatives
Environmental Initiatives 504.64 MW ‘3R’ approach’ that focuses on 64,290 Kilo Litres Electricity through alternate pollution prevention & waste Less water consumption in energy sources for operations management, promoting a 2022-23 sustainable environment in 2022-23 Investing in R&D of Implementing
Slide 28: Social Engagement
Social Engagement Promoting Healthcare (Including Preventive Healthcare): ➢ CSR initiatives extend to providing community health programmes for the underprivileged residing in rural and tribal areas ➢ Allocated funds to renowned NGOs such as The Cancer Patients Aid Association (CPAA), which enables
Slide 29: Social Engagement
Social Engagement Sports And Games - Support The Indian Athletes In Winning Olympic Gold Medals: ➢ Financial support to The Foundation for Promotion of Sports and Games (Olympic Gold Quest), an esteemed NGO founded by renowned icons Geet Sethi and Prakash Padukone. ➢ Dedicated to narrowing gap betwe
Slide 30: Social Engagement
Social Engagement Promoting Education For Underprivileged And Poor Children: ➢ Guided by its motto “Be Great by Your Sadhana, Service & Sacrifice“ Adruta Home’s mission is to raise parentless abandoned children suffering from extreme poverty, destitution and negligence with love and care providing t
Slide 31: Historical Financial Highlights
Historical Financial Highlights 30
Slide 32: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Rs. In Crores FY24 FY23 FY22 Net Revenue from Operations 1,445 1,617 1,571 Raw Material 787 912 948 Changes in inventory 28 (24) -89 Value Addition * 630 729 712 Employee Expenses 92 87 81 Other Operating Expenses 342 389 345 Operating EBITDA 195 253 286 Operatin
Slide 33: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. In Crores ) 31-Mar-24 31-Mar-23 31-Mar-22 Equity and Liabilities (Rs. In Crores ) 31-Mar-24 31-Mar-23 31-Mar-22 Non-current assets 1,039 976 987 EQUITY 1,699 1,552 1,445 Property, Plant and Equipment 636 653 674 Equity Share Capital 167 167 167 Right of Use Ass
Slide 34: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (Rs. In Crores) FY24 FY23 FY22 Cash flow from operating activities Profit before tax 180 202 241 Adjustments for noncash items / non operating items 13 51 45 Operating profit before working capital changes 193 253 286 Working capital reductions/(increases)
Slide 35: Consistent Dividend Payout
Consistent Dividend Payout Dividend as % of Face Value 30% 30% 30% 25% 25% 25% 20% 18% 12% 10% 6% FY14 FY15 FY16 FY17 FY18 FY19 FY20* FY21 FY22 FY23 FY24 48% 34% 30% 37% 29% 27% 38% 38% 28% 34% 38% Pay out Ratio = (Dividend + DDT) / PAT * Interim Dividend 34
Slide 36: Thank You
Thank You NOCIL Limited CIN: L99999MH1961PLC012003 NOCIL Limited Mr. P. Srinivasan - CFO CIN: L99999MH1961PLC012003 finance@nocil.com Mr. P. Srinivasan - CFO Ms. Mugdha Khare finance@nocil.com mugdha.khare@nocil.com Ms. Mugdha Khare www.nocil.com mugdha.khare@nocil.com www.nocil.com Strategic Growth