Platinum Industries Limited · NSE:PLATIND
Platinum Industries — Q1 FY2025 Earnings Presentation
32 slides from Platinum Industries's earnings presentation, Aug 16, 2024
Slide 1: Regulation 30 announcement letter to NSE and BSE
Date: 16th August, 2024 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited (“BSE”) (“NSE”) Department of Corporate Services Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex Bandra [E], Mumbai – 400051 Dalal Street, Fort, Mum
Slide 2: Investor Presentation Q1 FY2025
Investor Presentation Q1 FY2025
Slide 3: Disclaimer
Disclaimer This information may contain certain forward-looking statements/details in the current scenario, which is extremely dynamic and increasingly fraught with risks and uncertainties. Actual results, performances, achievements or sequence of events may be materially different from the views ex
Slide 4: Presentation Guide
Presentation Guide Performance Highlights – Q1 FY25 4-5 Operational Highlights – Q1FY25 6 Company Overview 7-8 Product Portfolio & Application 9-10 Company Presence 11 Key Milestones 12 Public Listing on BSE & NSE 13 Proposed Facilities 14 Industry Overview 15-16 Investment Rationale 17 Promoters, B
Slide 5: Performance Highlights – Q1 FY25
Performance Highlights – Q1 FY25 2,643.92 Mn 636.89 Mn 435.02 Mn Revenue from Operations (Rs) EBITDA (Rs) PAT (Rs) Strong Financials 17.27 % 22.25 % 0.02 FY24 ROCE (%) ROE (%) Debt to Equity 1026.55 Mn 204.68 Mn 177.38 Mn Revenue from Operations (Rs) EBITDA (Rs) PAT (Rs) Consistent Growth Q1FY25 65.
Slide 6: Performance Highlights – Q1 FY25 Standalone and Consolidated
Performance Highlights – Q1 FY25 Revenue From Operation EBITDA PAT 42.64% 859.07 192.45 170.98 19.02% 50.25% Standalone (₹ million) 602.28 113.80 161.69 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Revenue From Operation EBITDA PAT 1,026.55 177.38 26.42% Consolidated 65.80% 204.68 55.66% (₹ milli
Slide 7: Operational Highlights – Q1FY25
Operational Highlights – Q1FY25 • Revenue From Operations: Platinum reported consolidated revenues of ₹1,027 million, a significant 66% increase from ₹619 million in Q1 FY2024. This achievement signifies not only the first time the Company has surpassed the ₹1000 million mark in a quarter but also u
Slide 8: Company Overview
PLATINUM. Company Overview
Slide 9: About Platinum Industries Limited
About Platinum Industries Limited • Platinum Industries Ltd. is a premier multi-product company in the speciality chemicals sector, specialising in PVC & CPVC Additives, Metal Soaps and lubricants. • The Company's product range includes lead stabilisers, Hybrid low lead stabilisers, Highstab Ca-Zn/C
Slide 10: Product Portfolio
Product Portfolio 1 2 3 4 PVC Stabilizer CPVC Additives Lubricants Metallic Soaps Lead Based • CPVC Add Pack • PE Wax • Calcium Stearates • Lead Based Stabilizer • CPVC Compound • OPE Wax • Zinc Stearates • Hybrid Low Lead Stabilizer • Lubpack • Magnesium Stearates • Booster Lead Stabilizer • PVC Ad
Slide 11: Product - Applications
BEN UM. Product - Apprications. a =i a
Slide 12: Presence
Presence We are leading suppliers domestically and serve a global network of 30 countries. 11
Slide 13: Key Milestones
Key Milestones •Incorporated as LLP and started the production of lead and non-lead based PVC Stabilizers 2016 •Started production of CPVC additives and lubricants 2018 •Set up of Research & Development center at Palghar, Maharashtra 2019 •Converted from LLP to Private Limited Company 2020 •Started
Slide 14: Public Listing on BSE & NSE (March 2024)
Public Listing on BSE & NSE (March 2024) Issue Initial Public Offer of up to 13,761,225 equity shares (excluding Pre- IPO placement undertaken of 910,700 equity shares) of face value ₹ 10 each comprising of Fresh Issue Issue Size ₹ 2,353.17 Million (at upper price band) Issue opened at ₹225 on NSE s
Slide 15: About Proposed Facilities
About Proposed Facilities Egypt Palghar • Proposed Facility shall be set up through their • Proposed facility is being set up to modernize subsidiary Platinum Stabilizers Egypt LLC in Egypt for and expand capacity of non-lead based manufacturing PVC stabilizers and CPVC Additives to stabilizers. inc
Slide 16: Industry Overview
Industry Overview • The speciality chemicals industry was valued at $750-770 billion at the global level in 2021. The segment clocked 3-4% Compound annual growth rate (CAGR) over 2016-21. • Between 2021 and 2026, the market is expected to grow at 4-5% CAGR to $950-970 billion. • The Indian specialit
Slide 17: Industry Overview
Industry Overview • The global PVC stabilizer market is estimated to grow at 4% CAGR from 1.47 million tons in 2022 to 1.76 million tons by 2027. • The global market size by value is estimated at $5.2 billion in 2022. • India PVC stabilizers market at 90 thousand tons in FY22 which is expected to gr
Slide 18: Investment Rationale
Investment Rationale Consistent financial Revenue from Operations, EBIDTA and PAT have grown at a CAGR of 41.32%, 101.61% and performance 107.93% from FY 2021 to FY 2024 In house R&D facility. Also having technical collaboration with Dr. Horst Michael Schiller, an R & D and internationally renowned
Slide 19: Promoters
Promoters • Krishna Rana, is the Chairperson • Parul Rana is the Director of Platinum and Managing Director of Platinum Industries Limited, a leading PVC and Industries Limited - India's leading CPVC additive manufacturer in India. PVC & CPVC Additive Manufacturer. • She completed her higher seconda
Slide 20: Board of Directors
Board of Directors Anup Singh Executive Director He holds Bachelor of Technology degree in Chemical Engineering from Uttar Pradesh Technical University. He has over a decade of experience in handling production processes in the chemical industry. His key areas of experience are operational managemen
Slide 21: Key Managerial Personnel
Key Managerial Personnel Krishnan Balaji Chief Executive Krishnan Balaji is the Chief Executive Officer of the Company. He holds a Master of Science in Officer Economics and Bachelor of Chemical Engineering from the Birla Institute of Technology & Science at Pilani, Rajasthan. Prior to being associa
Slide 22: Results Overview
PLATINUM. Results Overview
Slide 23: Q1FY25 Standalone Profit & Loss Statement
Q1FY25 Standalone Profit & Loss Statement QTR 1 Particulars (₹ in Million) Growth Q1 FY25 Q1 FY24 Revenue From Operation 859 602 42.7% COGS 546 355 53.8% Gross Profit 313 247 26.7% Gross Margin % 36.47% 40.98% - 452 bps Employee Expenses 37 22 68.2% Other Expenses 84 63 33.3% EBIDTA 192 162 18.5% EB
Slide 24: Q1FY25 Consolidated Profit & Loss Statement
Q1FY25 Consolidated Profit & Loss Statement QTR 1 Particulars (₹ in Million) Growth Q1 FY25 Q1 FY24 Revenue From Operation 1,027 619 66% COGS 687 364 89% Gross Profit 340 255 33% Gross Margin % 33.11% 41.20% - 809 bps Employee Expenses 40 25 60% Other Expenses 95 68 40% EBIDTA 205 162 27% EBIDTA Mar
Slide 25: Working Capital Update
Working Capital Update 62 61 61 58 57 53 53 52 50 43 41 39 30 28 27 25 Account Payable (Days) Collection Period (Days) Inventory (Days) Net Working Capital (Days) FY 2021-22 62 61 28 27 FY 2022-23 50 61 41 52 FY 2023-24 43 57 39 53 Q1 FY2025 30 58 25 53 24
Slide 26: Past Financial History
Past Financial History Particulars (₹ in Million) 2024 2023 2022 2021 Revenue from Operations 2,643.92 2,314.81 1,881.56 892.69 Other income 25.88 10.74 10.82 2.61 Total Income 2,669.80 2,325.55 1,892.38 895.30 Operating EBITDA 636.89 549.32 264.36 78.24 PAT 435.02 375.84 177.48 48.15 Cashflow from
Slide 27: Past Financial History
Past Financial History Particulars 2024 2023 2022 2021 Revenue Growth (%) 14% 23% 111% Operating EBITDA Growth (%) 16% 112% 235% PAT Growth (%) 16% 112% 269% Operating EBITDA Margin (%) 24% 23% 13% 8% PAT Margin (%) 16% 16% 9% 5% ROE (%) 22% 90% 132% 139% ROCE (%) 17% 57% 53% 74% Debt to Equity rati
Slide 28: Past Financial History
Past Financial History Revenue Growth (%) Operating EBIDTA Margin (%) ROE (%) 24% 23% 132% 139% 111% 90% 13% 8% 14% 23% 22% FY 2024 FY 2023 FY 2022 FY 2024 FY 2023 FY 2022 FY 2021 FY 2023 FY 2023 FY 2022 FY 2021 Operating EBITDA Growth (%) PAT Margin (%) ROCE (%) 16% 16% 74% 235% 57% 53% 9% 112% 5%
Slide 29: Past Financial Statements - Profit & Loss Statement
Past Financial Statements - Profit & Loss Statement Particulars (₹ in Million) 2024 2023 2022 2021 Revenue from Operations 2,643.92 2,314.81 1,881.56 892.69 Other income 25.88 10.74 10.82 2.61 Total Income 2,669.80 2,325.55 1,892.38 895.30 Cost of Materials Consumed 1,495.87 1,282.60 873.13 590.27 P
Slide 30: Past Financial Statements - Balance Sheet
Past Financial Statements - Balance Sheet Particulars (₹ in Million) 2024 2023 2022 2021 Assets Non-Current Assets 546.01 389.5 77.57 60.92 Property, Plant and Equipment 358.16 292.27 44.38 36.34 Other non-current assets 187.85 97.20 33.19 24.58 Current Assets 3,403.69 822.21 767.21 261.64 Inventori
Slide 31: Historical Revenue Bifurcation
Historical Revenue Bifurcation Bifurcation of Revenue in terms of Products Category ₹ in Millions Product Category Mar 24 2023 2022 2021 Revenue % Revenue % Revenue % Revenue % PVC Stabilizers - Lead based stabilizers 466.3 18.53% 274.48 11.73% 318.97 17.30% 293.03 32.87% - Non-Lead based stabilizer
Slide 32: Thank You
THANK YOU! PLATINUM INDUSTRIES LIMITED You can reach out to us at: Mrs. Bhagyashree Mallawat Mr. Manoj Saha Company Secretary and Compliance Officer Director Email: cs@platinumindustriesltd.com Email: platinum@dickensonworld.com Strictly Private & Confidential Unistone Capital Private Limited – SEBI
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