Oriental Aromatics Ltd. · NSE:OAL
Oriental Aromatics — Q3 FY21 Earnings Presentation
22 slides from Oriental Aromatics's earnings presentation, Jan 21, 2021
Slide 1: Regulation 30 disclosure cover letter to BSE and NSE
Ref: OAL/BSE/NSE/80/2020-21 21st January, 2021 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 | 9M / Q3-FY21
EARNINGS PRESENTATION | 9M / Q3-FY21
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 Pooja Fragrance and Flavour Products Petroleum B
Slide 7: 9M/Q3-FY21 Financial Overview
6 9M/Q3-FY21 Financial Overview
Slide 8: 9M / Q3-FY21 Financial Highlights
9M / Q3-FY21 Financial Highlights Q3-FY21 Standalone Financial Performance Q3-FY21 Consolidated Financial Performance INR 1,907 Mn INR 538 Mn 28.21% INR 1,907 Mn INR 533 Mn 27.95% Revenue from EBITDA EBITDA Margins Revenue from EBITDA EBITDA Margins Operations Operations INR 364 Mn 19.09% INR 10.80
Slide 9: Q3-FY21 Operational Highlights
Q3-FY21 Operational Highlights • During the quarter, the company witnessed a healthy demand across all product categories i.e. Aroma Chemicals, Flavours & Fragrances and Camphor. • Sales Volumes for the quarter grew by 7% on a Q-o-Q basis and 13% on a Y-o-Y basis. • Sales Realizations for Camphor im
Slide 10: Q3-FY21 Standalone Income Statement (IND-AS)
Q3-FY21 Standalone Income Statement (IND-AS) Particulars (INR Mn) Q3-FY21 Q3-FY20 Y-O-Y Q2-FY21 Q-O-Q Revenue from Operations 1,907 1,754 8.7% 1,838 3.8% Total Expenses 1,369 1,474 (7.1)% 1,347 1.6% EBITDA 538 280 92.1% 491 9.6% EBITDA Margin (%) 28.21% 15.96% 1,225 Bps 26.71% 150 Bps Other Income 3
Slide 11: 9M-FY21 Standalone Income Statement (IND-AS)
9M-FY21 Standalone Income Statement (IND-AS) Particulars (INR Mn) 9M-FY21 9M-FY20 Y-O-Y Revenue from Operations 4,878 5,913 (17.5)% Total Expenses 3,664 4,999 (26.7)% EBITDA 1,214 914 32.8% EBITDA Margin (%) 24.89% 15.46% 943 Bps Other Income 12 33 (63.6)% Depreciation 135 139 (2.9)% Finance Cost 14
Slide 12: Q3-FY21 Consolidated Income Statement (IND-AS)
Q3-FY21 Consolidated Income Statement (IND-AS) Particulars (INR Mn) Q3-FY21 Q3-FY20 Y-O-Y Q2-FY21 Q-O-Q Revenue from Operations 1,907 1,754 8.7% 1,838 3.8% Total Expenses 1,374 1,478 (7.0)% 1,348 1.9% EBITDA 533 276 92.9% 490 8.8% EBITDA Margin (%) 27.95% 15.74% 1,221 Bps 26.66% 129 Bps Other Income
Slide 13: 9M-FY21 Consolidated Income Statement (IND-AS)
9M-FY21 Consolidated Income Statement (IND-AS) Particulars (INR Mn) 9M-FY21 9M-FY20 Y-O-Y Revenue from Operations 4,878 5,918 (17.6)% Total Expenses 3,666 5,009 (26.8)% EBITDA 1,212 909 33.3% EBITDA Margin (%) 24.85% 15.36% 949 Bps Other Income 12 35 (65.7)% Depreciation 135 139 (2.9)% Finance Cost
Slide 14: Historical Financial Overview
13 Historical Financial Overview
Slide 15: Historical Standalone Income Statement (IND-AS)
Historical Standalone Income Statement (IND-AS) Income Statement (Mn) FY18 FY19 FY20 9M-FY21 Total Operational Income 5,057 7,526 7,594 4,878 Total Expenses 4,398 6,372 6,319 3,664 EBITDA 659 1,154 1,275 1,214 EBITDA Margin (%) 13.03% 15.33% 16.79% 24.89% Other Income 41 13 70 12 Depreciation 148 17
Slide 16: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Liabilities (INR Mn) FY19 FY20 H1-FY21 Assets (INR Mn) FY19 FY20 H1-FY21 Shareholders Fund Assets Share Capital 168 168 168 Non-Current Assets Other Equity 3,752 4,470 4,898 Property, Plant and Equipment 1,941 1,814 1,755 Intangible Asset 58 24 7 Non-Current Liabi
Slide 17: Historical Consolidated Income Statement (IND-AS)
Historical Consolidated Income Statement (IND-AS) Income Statement (Mn) FY18 FY19 FY20 9M-FY21 Total Operational Income 5,060 7,547 7,599 4,878 Total Expenses 4,413 6,397 6,335 3,666 EBITDA 647 1,150 1,264 1,212 EBITDA Margin (%) 12.79% 15.24% 16.63% 24.85% Other Income 4 13 74 12 Depreciation 148 1
Slide 18: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Liabilities (INR Mn) FY19 FY20 H1-FY21 Assets (INR Mn) FY19 FY20 H1-FY21 Shareholders Fund Assets Share Capital 168 168 168 Non-Current Assets Other Equity 3,751 4,473 4,901 Property, Plant and Equipment 1,941 1,815 1,755 Goodwill on Amalgamation 450 450 450 Cap
Slide 19: Financial Performance (Consolidated)
Financial Performance (Consolidated) Revenue from Operations (INR Mn) EBITDA (INR Mn) EBITDA MARGIN (%) PAT (INR Mn) PAT MARGIN (%) 30.00% 16.30% 24.85% 7,599 7,547 25.00% 1,264 1,212 862 1,147 795 20.00% 12.41% 12.79% 5,060 16.63% 11.34% 4,878 15.00% 571 4,577 6.10% 15.20% 4.94% 647 10.00% 568 7.57
Slide 20: Capital Market Information
Capital Market Information 1 Year Stock Return as on 31st December, 2020 250% 150% 50% -50% Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 SENSEX OAL Price Data (31st December , 2020) Shareholding Pattern as on 31st December, 2020 Face Value (INR) 5.0 CMP (INR) 5
Slide 21: 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 22: Oriental Aromatics Ltd
Ohiental homaties Lid