Gujarat Narmada Valley Fertilizers & Chemicals Ltd. · NSE:GNFC
Gujarat Narmada Valley Fertilizers & Chemicals — Q2 FY22 Earnings Presentation
22 slides from Gujarat Narmada Valley Fertilizers & Chemicals's earnings presentation, Oct 30, 2021
Slide 1: Regulation 30 disclosure cover letter
g G Y Gujarat Narmada Valley Nay Lay Fertilizers & Chemicals Limited GNFC CIN : L24110GJ1976PLC002903 An ISO 9001, ISO 14001, ISO 45001 & ISO 50001 Certified Company P.O. Narmadanagar - 392 015, Dist. Bharuch, Gujarat, India Ph (02642) 247001, 247002 Websites www.gnfc.in NO. SEC/BD/SE/ FAX : 02642 —
Slide 2: Conference call invitation: Q2FY22 Financial Performance
G f LS ee Aus Sd GNFC Gujarat Narmada Valley Fertilizers & Chemicals Limited is pleased to invite you for conference call to discuss The Q2FY22 Financial Performance With Mr. D. V. Parikh, General Manager & Chief Financial Officer Mr. Y. N. Patel, Head of Dept. (O&M) Mr. A. C. Shah, General Manager
Slide 3: Analyst and Shareholders Communication October 2021
Gujarat Narmada Valley Fertilizers & Chemicals Ltd Analyst and Shareholders Communication October - 2021
Slide 4: Cautionary Note - Forward Looking Statement
Cautionary Note - Forward Looking Statement Only matters in the public domain can be subject matter of discussion in this meeting. As a matter of policy, we do not provide any forecast about the future business situation. We do not comment or give guidance on future results or business outlook
Slide 5: About GNFC
About GNFC » Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) established in 1976, is a Government of Gujarat promoted and controlled company. » Listed on BSE & NSE. » Headquarter- Bharuch, Gujarat. » Business Segments – Chemicals & Fertilizers » Segment Revenue - 70% from Chemicals and
Slide 6: Strategy
Strategy Import Substitute Products Almost entire sale of about $ 700 Mn. contributes to (Atmanirbhar forex saving since almost all products are import Bharat) substitutes. Financial Prudence Products with good market potential and attractive return. Environmental , Social and Manufacturing of Energ
Slide 7: Technology Partners
Technology Partners BASF Germany Kemira OY Finland Ammonium Nitro phosphate Formic Acid B P Chemicals UK Linde AG Germany Acetic Acid Ammonia / Methanol Chematur A B Sweden Plinke Germany TDI, Aniline Concentrated Nitric Acid GE Energy USA Saipem Italy CPSU Urea Haldor Topsoe Denmark Uhde Germany (N
Slide 8: Shareholding Pattern
Shareholding Pattern Particulars 30-09-21 31-03-21 30-09-20 A Promotors 41% 41% 41% B Institutional Investors 21% 23% 21% Institutional Promotors 41% Indian Public & Non Investors 21% C Institutional Investors 38% 36% 38% Share value of 15.54 Crores Shares @ ₹ 10 per share equals to ₹ 155.42 Crore
Slide 9: Overview of Financials
Overview of Financials (₹ Crores) Q2 Q1 Q2 H1 H1 FY Particulars 21-22 21-22 20-21 21-22 20-21 20-21 Performance: The operational revenue rose to ₹2,096 Crores from ₹ 1,187 Crores, up by Revenue from Operation (RFO) 2,096 1,394 1,187 3,490 1,887 5,129 77%. This is the highest ever Q-2 revenue. Predom
Slide 10: Segment Revenue
Segment Revenue (₹ Crores) Chemicals Fertilizers Others 4000 Q 2 FY 21-22 Vs. Q 1 FY 21-22 : 3490 44 3500 Volume variance favorable as well as increase volume in all the Products except couple of products. 3000 1042 2500 2096 Q2 & H1 FY 21-22 Vs. Q2 & H1 FY 20-21 : 23 1887 2000 35 Chemical Segment r
Slide 11: Segment Results
Segment Results (₹ Crores) Chemicals Fertilizers Others 800 737 13 700 9 Chemicals: Practically on YoY basis most of the chemicals have outshine contributing to 600 substantial change in revenue and resultant profit. 500 386 5 400 350 6 7 715 4 300 Fertilizers: Fertilizer Segment Results continue to
Slide 12: Balance Sheet Summary
Balance Sheet Summary (₹ Crores) Refer As on Change Particulars Note 30-09-21 31-03-21 Absolute % Fixed Assets 3,802 3,881 (79) (2%) A. Increase in Investments due to listed investment gain ₹ 133 Crores, Investments 1,080 853 227 27% A investment in T-Bills of ₹ 98 Crores. Cash , Bank & Deposits 2,4
Slide 13: Cash Flow Summary
Cash Flow Summary (₹ Crores) H1 H1 % For the year ended Change Remark A. Working capital inflow in FY 21-22 FY 20-21 Change H1 FY 20-21 is mainly due to Realization of Subsidy and Realization of inventories. A Operating profit before Working Capital changes 839 204 635 311% B. Investing cash utilize
Slide 14: Financial Ratios
Financial Ratios Q2 Q1 Q2 H1 H1 FY Particulars Units 21-22 21-22 20-21 21-22 20-21 20-21 A Return Ratios RoE % 4.52 3.90 2.62 8.36 2.65 12.30 RoCE % 6.29 5.60 2.74 11.80 6.32 15.16 B Margin Ratios Healthy Balance EBITDA Margin % 20.56 28.19 16.36 23.61 9.01 19.56 Sheet with debt Net Profit Margin %
Slide 15: Key Feedstock Price History
Key Feedstock Price History (₹ ‘000) Oil (Rs. / MT) N (Gas) Rs. / '000 SM3 50 45 42 40 40 35 37 31 30 29 28 30 25 28 25 21 23 20 21 19 15 17 10 FY17 FY18 FY19 FY20 FY21 YTD FY22 Q-2 FY22 13 of 20
Slide 16: Feedstock Spreads
Feedstock Spreads Price (₹ ‘000/MT) Methanol Acetic Acid Highest Lowest 90 82 47 40 33 41 27 13% 36% 33% 27% 47% 64% 57% 32 32 35 24 26 24 22 FY17 FY18 FY19 FY20 FY21 YTD FY22 Q-2 FY22 14 of 20
Slide 17: Feedstock Spreads
Feedstock Spreads Price (₹ ‘000/MT) Toluene TDI Highest Lowest 263 206 167 169 172 121 159 72% 81% 71% 53% 73% 63% 61% 59 56 62 66 49 51 43 FY17 FY18 FY19 FY20 FY21 YTD FY22 Q-2 FY22 15 of 20
Slide 18: Ongoing Projects Status
Ongoing Projects Status Concentrated Nitric Formic Acid Revamp 4 MW Solar Power TDI-II plant reliability Particulars Acid (CNA)-IV Project (FAR) Project Project Production capacity 50 KTPA 6.6 KTPA 04 MW (AC) 16 KTPA Capex (₹. In Crores.) 109 83 26 170 Expected Completion October 2022 January 2022 S
Slide 19: Future Projects Status
Future Projects Status Particulars WNA AN-II Ammonia 1 Capacity (MTPA) 200000 100000 50000 2 Capex (₹. In Crores.) 890 170 195 Advantages: Ammonia will provide reliability & apart from energy saving it will act as source of captive availability for downstream products. Other projects like WNA &
Slide 20: Debottlenecking Progress
Debottlenecking Progress Particulars TDI Capex of around ₹. 98 Cr. Mechanical completion is over and production expected to start 1 by Nov-21. 2 Aniline Production Improved by 8%. 3 Ammonia Production Improved by 5%. 18 of 20
Slide 21: Questions are welcome
Questions are welcome 19 of 20
Slide 22: Thank You
Thank You 20 of 20
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