Tata Chemicals Limited · NSE:TATACHEM
Tata Chemicals — Q2 FY25 Earnings Presentation
24 slides from Tata Chemicals's earnings presentation, Oct 17, 2024
Slide 1: Submission of Analysts/Investors Presentation cover letter
October 17, 2024 The General Manager The Manager Corporate Relations Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500770 Symbol:
Slide 2: Chemistry of Sustainable Growth
Chemistry of Sustainable Growth Investors Communication Quarter and Half Year Ended September 2024
Slide 3: Safe Harbour Statement
Safe Harbour Statement This Presentation, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions
Slide 4: Financial Highlights
Financial Highlights Quarter and Half Year Ended 30 September 2024
Slide 5: Performance Highlights
Performance Highlights Consolidated Geography Demand Sentiment Q2FY25 H1FY25 India Q2FY25 H1FY25 ↑ China ↑ ↓ Revenue Revenue Asia ex. China & India ₹ 3,999 Cr (CY) vs. ₹ 3,789 Cr (PQ) ₹ 7,788 Cr (CY) vs. ₹8,216 Cr (PY) Europe ₹ 3,998 Cr (PY) Americas EBITDA EBITDA Global Outlook ₹ 618 Cr (CY) vs. ₹
Slide 6: Financial Snapshot: Quarter Ended September 2024
Financial Snapshot For the Quarter Ended 30 September 2024 Consolidated | ₹ Crore Revenue EBITDA Profit Before Tax Profit After Tax 3,999 3,789 3,998 819 618 513 574 393 348 269 267 175 Q2FY25 Q1FY25 Q2FY24 Q2FY25 Q1FY25 Q2FY24 Q2FY25 Q1FY25 Q2FY24 Q2FY25 Q1FY25 Q2FY24 Revenue higher by ₹ 210 Crore
Slide 7: Financial Snapshot: Half Year Ended September 2024
Financial Snapshot For the Half Year Ended 30 September 2024 Consolidated | ₹ Crore Revenue EBITDA Profit Before Tax Profit After Tax 7,788 8,216 1,862 1,192 1,262 971 617 442 YTD Sep 24 YTD Sep 23 YTD Sep 24 YTD Sep 23 YTD Sep 24 YTD Sep 23 YTD Sep 24 YTD Sep 23 Revenue lower by ₹ 428 Crore (↓ 5%)
Slide 8: Unit wise Profit & Loss
Unit wise Profit & Loss Statement of Profit and Loss for the Quarter Ended September 2024 Units Consolidated India US UK Kenya Rallis Var vs Var vs Var vs Var vs Var vs Var vs ₹ Crore CY PQ PYCY PQ PY CY PQ PY CY PQ PY CY PQ PY CY PQ PY PQ PQ PQ PQ PQ PQ Revenues 3,999 3,789 3,998 210 1,009 1,047 1,
Slide 9: Balance Sheet
Balance Sheet As on September 2024 Consolidated (₹ Cr) Standalone (₹ Cr) Particulars 30-Sep-24 31-Mar-24 30-Sep-24 31-Mar-24 Non - Current Assets 31,231 30,389 21,249 19,047 Inventories 2,349 2,524 864 939 Investments 601 615 389 368 Trade Receivables 2,142 1,900 200 232 Cash and Bank Balance 555 64
Slide 10: Sales Volume
Sales Volume Key Products Soda Ash | In Kts Sodium Bicarbonate | in Kts Salt | in Kts India US UK Kenya India UK India UK 914 871 822 1,784 1,623 56 57 54 113 107 397 402 415 797 799 77 69 61 146 117 75 76 77 150 149 46 47 55 92 112 23 25 24 48 48 632 588 545 1,220 1,078 322 326 338 647 650 33 32 30
Slide 11: Production Volume
Production Volume Key Products Soda Ash | In Kts Sodium Bicarbonate | In Kts Salt | In Kts India US UK Kenya India UK India UK 936 918 854 1,855 1,772 56 56 58 112 109 397 416 406 813 794 76 65 53 141 118 70 77 62 147 138 50 57 80 108 152 22 24 25 46 46 623 591 533 1,214 1,130 327 339 344 666 656 34
Slide 12: Historical Financial Trends: Consolidated and Standalone
Historical Financial Trends Consolidated | ₹ Crore Standalone | ₹ Crore 1,400 1,302 1,200 4,148 4,407 4,218 1,218 3,998 3,999 1,135 1,093 1,090 1,000 3,730 3,789 1,066 1,047 1,009 3,475 Revenue Revenue 800 600 400 200 - Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY23 Q4FY23 Q1FY24 Q2F
Slide 13: Historical Financial Trends: USA and Kenya
Historical Financial Trends USA | ₹ Crore Kenya | ₹ Crore 250 1,650 200 241 1,484 208 Revenue Revenue 1,323 1,326 1,307 1,281 1,391 1,260 175 163 168 150 156 146 148 100 50 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 1,000 50% 500 9
Slide 14: Historical Financial Trends: UK and Rallis
Historical Financial Trends UK | ₹ Crore Rallis | ₹ Crore 800 1,000 900 700 739 707 800 928 650 833 600 608 782 783 700 594 Revenue Revenue 553 500 525 531 600 400 500 630 598 300 400 523 200 300 436 200 100 100 - - Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY23 Q4FY23 Q1FY24 Q2FY24
Slide 15: Strategic Priorities
Strategic Priorities UK • Focus on value added products like pharma salt and premium grade bicarb KENYA • Sustain volume delivery to customers through customer engagement • Deliver capacity expansions USA • Maximize volumes through customer engagement • Generate cash and Grow the core deleverage • D
Slide 16: Grow the Core: Expansion Plan On Track
Grow the Core Expansion Plan On Track Expansion - Completed Expansion - Ongoing Products Capacity (Lacs MT) Expansion Products Capacity (Lacs MT) Expansion Soda Ash 2.3 (India) Soda Ash 3.2 Bi-carb 1.4 (India) Silica 0.6 Salt (India) 3.3 Pharma Salt Salt 2.3 0.7 (UK)# ~ ₹ 1,200 Cr ~ ₹ 400 Cr ~ ₹ 2,3
Slide 17: Sustainability Priorities, Focus Areas & Projects
Sustainability Priorities Focus Areas & Projects ESG Focus • Submitted emission, water, biodiversity and plastic footprint to Carbon Disclosure Project Sustainable & Ethical Impacts • Extended Producer Responsibility obligation fulfilled for FY24 Climate Change • Scale up of co-firing biomass is on
Slide 18: Awards and Recognitions
Awards and Recognitions Tata Chemicals is ranked 16th Tata Chemicals Europe won the Tata Chemicals Magadi won the among India’s Top 50 Most Inspirational Big Business Tata Engage Awards 2024 for Tata Chemicals Europe Sustainable Companies by Award for inspiring the next their significant contributio
Slide 19: Annexure: Tata Chemicals Background
Annexure Tata Chemicals Background 18
Slide 20: Journey So Far
Journey So Far Till FY18 Till FY20 FY21 Onwards Divestment of Urea and Completed Demerger of Focused Chemistry Phosphate Fertiliser Consumer Products Solutions Company Business Business Footprints across Employing With Supported by R&D Centres with 4 Continents ~5000 People 13 Manufacturing 200+ Sci
Slide 21: Our Facilities: India Operations
Our Facilities India Operations India India Rallis India Limited1 Major Products Major Products Major Products Soda Ash, Bicarb, Salt, Prebiotics, Crop Care, Crop Marine Chemicals and Specialty Silica Protection and Seeds Cement (Herbicides, Fungicides Installed Capacity and Insecticides etc.) Insta
Slide 22: Our Facilities: International Operations
Our Facilities International Operations USA UK KENYA Major Products Major Products Major Products Soda Ash, Bicarb, Salt Soda Ash Soda Ash Installed Capacity Installed Capacity Installed Capacity Soda Ash: 400,000 MTPA 350,000 MTPA 2,540,000 MTPA Bicarb: 130,000 MTPA Salt: 430,000 MTPA Location Loca
Slide 23: Our Facilities: R&D Centers
Our facilities R&D Centers 200+ Technically Skilled Scientists in R&D Tata Chem India Innovation Centre 3 State-of-the-art Innovation Centers Rallis India R&D Centre 219 Patents Filed 147 Granted 22
Slide 24: Thank You
Thank You For any queries, please contact below : Vijay Furia Gavin Desa vfuria@tatachemicals.com gavin@cdr-india.com Damini Jhunjhunwala Suraj Digawalekar djhunjhunwala@tatachemicals.com suraj@cdr-india.com