Aarti Industries Ltd · NSE:AARTIIND
Aarti Industries — Q1 FY24 Earnings Presentation
21 slides from Aarti Industries's earnings presentation, Aug 9, 2023
Slide 1: Results Presentation Filing Cover Letter to Stock Exchanges
August 9, 2023 To, Listing/ Compliance Department To, BSE LTD. Listing/Compliance Department Phiroze Jeejeebhoy Towers, National Stock Exchange of Dalal Street, India Limited Mumbai – 400 001. “Exchange Plaza”, Plot No. C/1, G Block Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051. BSE CODE –524
Slide 2: Aarti Industries Limited Q1 FY24 Results Presentation
Unlocking Opportunities Building a Stronger Future. Aarti Industries Limited • Q1 FY24 Results Presentation
Slide 3: Disclaimer
Disclaimer AARTI INDUSTRIES LIMITED may, from time to time, make written and oral forward looking statements, in addition to statements contained in the company's filings with BSE Limited [BSE] and National Stock Exchange of India Limited [NSE], and our reports to shareholders. The company does not
Slide 4: Agenda
Agenda 01 02 03 Company Q1 FY24 Growth Overview Financial Opportunity Results & Strategy 3
Slide 5: Vision, Mission and Values
Vision, Mission and Values OUR VISION OUR VALUES To emerge as a ‘Global partner of choice’ for leading consume Excellence of specialty chemicals and We continuously raise the bar of intermediates our performance to delight our Integrity stakeholders We practice highest ethical Care and moral Our com
Slide 6: About Aarti Industries Limited
About Aarti Industries Limited Overview Financial Trends ▪ Established by first generation technocrats in 1984 ▪ Specialized in Benzene-based derivatives 15% 15% ₹6,252 Cr. ▪ Integrated operations and high cost optimization ▪ Key value chains include Nitro Chloro Benzenes, Di-Chlorobenzenes, 5-Year
Slide 7: Key Strengths
Key Strengths Global Player in Well placed to Strong Focus on Well Diversified Benzene based Thrust on benefit from R&D and Process Across Multiple Derivatives with Sustainability Industry Tailwinds Innovation Dimensions Integrated Operations Top 3 Alternate to 40+ 100+ 45% In Chlorination and China
Slide 8: Well diversified customer across varied end-use segments
Well diversified customer across varied end-use segments % of Revenue (FY23) Key End-Use Industries Served Other Discretionary, 10% Agrochemical, 30% Polymer & Additives, 26% Pharma, 20% Dyes & Pigments, Agrochemicals Pharmaceutical Dyes/ Pigments Additives Polymer Home & Personal 12% Home & Persona
Slide 9: Sustainability Is At The Core Of What Aarti Does
Sustainability Is At The Core Of What Aarti Does AIL received the gold award in the 2022 EcoVadis ENVIRONMENT ● 11 sites are Zero Liquid Discharge (ZLD) CSR assessment, placing us in the top 3% of evaluated companies globally ● Total water recycled ~45% of the total water withdrawal in FY 23 ● More
Slide 10: Robust R&D expertise
Robust R&D expertise 2 State-of-the-art R&D 250+ 7 centres across Engineers & scientists Patents filed Maharashtra & Gujarat 2 Planned product 40+ Planned product 18,000sq. ft. introductions, more than introductions, more than ● Developed various products and processes in-house Covered by an ultra-
Slide 11: Agenda
Agenda 01 02 03 Company Q1 FY24 Growth Overview Financial Opportunity Results & Strategy 10
Slide 12: Q1 FY24 Highlights (Consolidated)
Q1 FY24 Highlights (Consolidated) Revenues EBITDA Profit Before Tax Profit After Tax 1,826 282 149 166 136 251 28.7% 1,755 135 201 48.5% 10.5% 57.2% 70 1,571 71 Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 11
Slide 13: Performance Overview – Q1 FY24
Performance Overview – Q1 FY24 Revenues of Rs. 1,571 crore; decrease EBITDA of Rs. 201 crore; decrease of PAT of Rs. 70 crore; decrease of of 10.5% over previous year 28.7% over previous year 48.5% over previous year • Revenues declined on account of decline in volumes, decline in prices of key RM a
Slide 14: Chairman's Message
Chairman’s Message Commenting on the performance for Q1 FY24, Mr. Rajendra Gogri – Chairman & MD at Aarti Industries Limited said: “We entered the new financial year on a cautious note with unprecedented challenges faced by the chemical industry mainly owing to sluggish demand. This was aggravated b
Slide 15: Q1 FY24 – Consolidated Profit & Loss
Q1 FY24 – Consolidated Profit & Loss Particulars (Rs. Crore) Q1 FY24 Q1 FY23 Y-o-Y (%) Q4 FY23 Q-o-Q (%) Gross Income from Operations 1,571 1,755 -10.5% 1,826 -14.0% Exports 674 778 -13.4% 924 -27.1% % of Total Income 42.9% 44.3% 50.6% EBITDA 201 282 -27.9% 251 -19.9% EBITDA Margin (%) 12.8% 16.0% 1
Slide 16: Agenda
Agenda 01 02 03 Company Q1 FY24 Growth Overview Financial Opportunity Results & Strategy 15
Slide 17: Future Growth Projects: Driven by R&D & Innovation
Future Growth Projects: Driven by R&D & Innovation Introducing Chloro ● Adding new chemistries and Value added Toulenes Value products Chain: (Range of products) o 40+ products for Chemicals through and Integrated Value Chain. o Chloro Toulene Base capacity: ~ 42000 Setting up Newer range of TPA Uni
Slide 18: Major Projects: FY19 – H1 FY25
Major Projects: FY19 – H1 FY25 Operationalised by FY23 To be Completed by Sept 24 Set up New Research & Operationalized Phase 1 Unit at Dahej Technology Centre at Navi SEZ for agrochemical intermediates & NCB Capacity Expansion at Vapi Mumbai Speciality Chemical Specialty Chemicals Blocks at various
Slide 19: Future Growth Opportunities & Outlook
Future Growth Opportunities & Outlook Growth Strategy Outlook Partnership with Global Companies • Collaborate with world’s leading chemical companies • Macro Concerns on demand continuing from FY23 and • Build on existing partnerships and build new ones FY24 is expected to progressively improve in H
Slide 20: About Us
About Us Aarti Industries Limited (AIL) is one of the most competitive benzene-based speciality chemical companies in the world. AIL is a rare instance of a global speciality chemicals For further information please log on to company that combines process chemistry competence (recipe focus) with sca
Slide 21: Thank you
Thank you