Oriental Aromatics Ltd. · NSE:OAL
Oriental Aromatics — Q3 FY2023 Earnings Presentation
20 slides from Oriental Aromatics's earnings presentation, Feb 14, 2023
Slide 1: Regulation 30 disclosure letter to stock exchanges
Ref: OAL/BSE/NSE/113/2022-23 14th February, 2023 To To The Manager The Manager Department of Corporate Services, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai
Slide 2: Earnings Presentation | Q3/9M-FY23
EARNINGS PRESENTATION | Q3/9M-FY23
Slide 3: Executive Summary
Executive Summary Overview • Oriental Aromatics Ltd. is one of the largest Indian manufacturers of a variety of Aroma Chemicals, Camphor, Fragrances and Flavours. • The company is one of the privileged few integrated manufacturers of fragrances and flavours as well as aroma chemicals globally. • The
Slide 4: Company Overview
3 Company Overview
Slide 5: Company Overview
Company Overview • The Fragrance and Flavours business of Oriental Aromatics was founded by Mr. Keshavlal Bodani in Fragrances 1955 and has been nurtured and handed down to three generations of the Bodani’s. • In August 2008, Oriental Aromatics’ promoters acquired a controlling stake of 57.66% in th
Slide 6: Value Chain
Value Chain Sources of Raw Raw Materials Products/Blends Applications Materials Aroma Ingredients Incense Sticks Speciality Aroma Chemicals Pine Oil Air Fresheners Terpene based aroma chemicals Pine Tree Others Cosmetics Synthetic Camphor Alpha Pinene Spiritual Fragrance and Flavour Products Petrole
Slide 7: Q3/9M-FY23 Financial Overview
6 Q3/9M-FY23 Financial Overview
Slide 8: Q3/9M-FY23 Financial Highlights
Q3/9M-FY23 Financial Highlights Q3-FY23 Consolidated Financial Performance 9M-FY23 Consolidated Financial Performance INR 1,994 Mn INR 141 Mn 7.07 % INR 6,537 Mn INR 451 Mn 6.90 % Revenue from Revenue from EBITDA EBITDA Margin EBITDA EBITDA Margin Operations Operations INR 38 Mn 1.91 % INR 1.13/shar
Slide 9: Q3/9M-FY23 Operational Highlights
Q3/9M-FY23 Operational Highlights • Productions and sales volumes for the quarter improved by 18% & 7% respectively, on Y-o-Y basis • The company witnessed a healthy demand in Flavors & Fragrance and Camphor, where the sales volume growth was 10% and 22% Y-o-Y • Specialty aroma ingredients sales vol
Slide 10: Q3-FY23 Consolidated Income Statement (IND-AS)
Q3-FY23 Consolidated Income Statement (IND-AS) Particulars (INR Mn) Q3-FY23 Q3-FY22 Y-O-Y Q2-FY23 Q-O-Q Revenue from Operations 1,994 2,058 (3.1)% 2,208 (9.7)% Total Expenses 1,853 1,896 (2.3)% 2,062 (10.1)% EBITDA 141 162 (13.0)% 146 (3.4)% EBITDA Margins (%) 7.07% 7.87% (80) Bps 6.61% 46 Bps Other
Slide 11: YTD Consolidated Income Statement (IND-AS)
YTD Consolidated Income Statement (IND-AS) Particulars (INR Mn) 9M-FY23 9M-FY22 Y-O-Y Revenue from Operations 6,537 6,659 (1.8)% Total Expenses 6,086 5,955 2.2% EBITDA 451 704 (35.9)% EBITDA Margins (%) 6.90% 10.57% (367) Bps Other Income 50 31 61.3% Depreciation 145 124 16.9% Finance Cost 99 23 NA
Slide 12: Historical Financial Overview
11 Historical Financial Overview
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Income Statement (Mn) FY20 FY21 FY22 9M-FY23 Total Operational Income 7,594 7,088 8,688 6,537 Total Expenses 6,312 5,532 7,753 6,079 EBITDA 1,282 1,556 935 458 EBITDA Margins (%) 16.88% 21.95% 10.76% 7.01% Other Income 63 18 44 50 Depreciation 190 175 170 144 F
Slide 14: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Liabilities (INR Mn) FY21 FY22 H1-FY23 Assets (INR Mn) FY21 FY22 H1-FY23 Shareholders Fund Assets Non-Current Assets Share Capital 168 168 168 Property, Plant and Equipment 1,846 2,076 2,087 Other Equity 5,406 5,893 6,042 Intangible Asset 2 24 33 Capital WIP 125 2
Slide 15: Historical Consolidated Income Statement
Historical Consolidated Income Statement Income Statement (Mn) FY20 FY21 FY22 9M-FY23 Total Operational Income 7,599 7,088 8,688 6,537 Total Expenses 6,327 5,537 7,763 6,086 EBITDA 1,272 1,551 925 451 EBITDA Margins (%) 16.74% 21.88% 10.65% 6.90% Other Income 66 17 44 50 Depreciation 190 175 170 145
Slide 16: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Liabilities (INR Mn) FY21 FY22 H1-FY23 Assets (INR Mn) FY21 FY22 H1-FY23 Shareholders Fund Assets Share Capital 168 Non-Current Assets 168 168 Other Equity 5,405 Property, Plant and Equipment 1,846 2,079 2,090 5,884 6,029 Goodwill on Amalgamation 450 450 450 Cap
Slide 17: Consolidated Financial Performance
Consolidated Financial Performance Revenue from Operations (INR Mn) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 21.88% 25. 00% 14.38% 16. 00% 8,688 16.74% 11.34% 14. 00% 20. 00% 7,599 1,551 6,537 7,088 1,019 12. 00% 10.65% 1,272 862 15. 00% 10. 00% 6.13% 8. 00% 10. 00% 6.90%
Slide 18: Capital Market Information
Capital Market Information Stock Performance (As on 31st December, 2022) 25% 5% -15% -35% -55% Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 OAL Sensex Price Data (As on 31st December, 2022) INR Shareholding Pattern (As on 31st December, 2022) Face Value 5.00 CM
Slide 19: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Oriental Aromatics 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 s
Slide 20: Thank you