Himadri Speciality Chemical Ltd. · NSE:HSCL
Himadri Speciality Chemical — Investor Presentation (April 2023)
27 slides from Himadri Speciality Chemical's investor presentation, Apr 28, 2023
Slide 1: Stock exchange covering letter
Ref. No: HSCL / Stock-Ex/2023-24/14 Date: 28/04/2023 E-mail: monika@himadri.com Ref: Listing Code: 500184 Ref: Listing Code: HSCL BSE Limited National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, C-1, Block-G P. J. Towers, 25th Floor, Bandra Kurla Complex, Dalal Stree
Slide 2: Transformation Unfolds
TRANSFORMATION UNFOLDS.. Sustainable High Growth Capital Disciplined Business Opportunity Balance Sheet Investor Presentation | April 2023
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Himadri Speciality Chemical Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Power the Future: Growing Present, Promising Future
Growing Present, Promising Future POWER THE FUTURE Transformation Unfolds : From Growing Carbon Value Chain to Promising Mobility and Energy Storage Opportunity We will address substantial part of the critical raw material requirements of Lithium-Ion Batteries 3
Slide 5: Sustainable Growth in Core Business through Value-added products
Sustainable Growth in Core Business through Value-added products Our Core Business will continue to deliver strong growth Coal Tar Pitch Developed specialized pitch – one of the very few global manufacturers and Improved life of anodes through continuous process improvements Carbon Black Launched a
Slide 6: Growth Trajectory in Core Business Continues
Growth Trajectory in Core Business Continues ✓ ✓ ✓ Record Revenues in FY23 Increase in EBITDA Increase in PAT Revenues increased by EBITDA increased by PAT increased by 49% to Rs. 4,172 in 153% to Rs. 408 Crores 219% to Rs. 208 FY23 in FY23 Crores in FY23 Sales Volume consistent above 90,000MT since
Slide 7: Transformation Unfolds
Transformation Unfolds From Growing Carbon Value Chain to Promising Mobility and Energy Storage Opportunity 2011 to 2021 Portfolio of Few Promising Growth Products » Aluminium Grade Pitch » Heavy Creosote Oils Opportunity » Anthracene Oil/Carbon » Graphite Grade Binder Pitch Black Oil/ CT Oil 2010 »
Slide 8: Sustainable business model powered by in-house R&D
Sustainable business model powered by in-house R&D Addressing the need for a More than 90% of the green, long-term EV and power requirement being renewable energy solution met by inhouse generated by providing critical raw clean and green power material Energy Conservation through Waste Heat Recover
Slide 9: Research & Development Initiatives
Research & Development Initiatives Anode Materials Silicon-based Anode o Natural Graphite Materials o Synthetic Graphite o Hybrid Anode 8
Slide 10: Research & Development Initiatives
Research & Development Initiatives Cathode Materials o Next generation iron based cathode Graphene – Next generation product o Alternate chemistries 9
Slide 11: Financial Performance
Financial Performance Q4FY23 & FY23 10
Slide 12: Highest ever revenue recorded in FY23
Highest ever revenue recorded in FY23 Sales Volume (MT) Sales (Rs. In Crs) EBITDA (Rs. In Crs) +9% +49% +153% 4,03,826 4,172 408 3,71,974 2,791 162 FY22 FY23 FY22 FY23 FY22 FY23 On Standalone Basis 11
Slide 13: Strong profitability recorded in Q4FY23
Strong profitability recorded in Q4FY23 Revenue (Rs. In Crs) EBITDA (Rs. In Crs) PAT (Rs. In Crs) +23% +122% 262% 1,037 1,029 122 77 106 834 63 55 21 Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4FY23 On Standalone Basis 12
Slide 14: Capital Disciplined Balance Sheet
Capital Disciplined Balance Sheet Net Debt (Rs. In Crs) Long Term Borrowings (Rs. In Crs) 583 Significant reduction in Long Term Debt 124 132 315 200 93 Mar-21 Mar-22 Mar-23 Mar-21 Mar-22 Mar-23 Net Debt to EBITDA Net Working Capital Days 4.57x 153 1.95x 62 69 0.49x Mar-21 Mar-22 Mar-23 Mar-21 Mar-2
Slide 15: Standalone P&L
Standalone P&L Particulars (In Rs. Crs) Q4 FY23 Q4 FY22 Y-o-Y Q3 FY23 Q-o-Q FY23 FY22 Y-o-Y Net Revenue From Operations 1,028.90 833.79 23.40% 1,037.39 -0.82% 4,171.84 2,791.31 49.46% Cost of Materials Consumed 782.05 670.76 823.40 3,267.14 2,250.02 Gross Profit 246.85 163.03 51.41% 213.99 15.36% 90
Slide 16: Consolidated P&L
Consolidated P&L Particulars (In Rs. Crs) Q4 FY23 Q4 FY22 Y-o-Y Q3 FY23 Q-o-Q FY23 FY22 Y-o-Y Net Revenue From Operations 1,028.90 833.79 23.40% 1,037.39 -0.82% 4,171.84 2,791.32 49.46% Cost of Materials Consumed 781.04 673.31 820.14 3,254.40 2,244.86 Gross Profit 247.86 160.48 54.45% 217.25 14.09%
Slide 17: Standalone Balance Sheet
Standalone Balance Sheet Particulars (in Rs. Crs.) Mar’ 23 Mar’22 Particulars (in Rs. Crs.) Mar’ 23 Mar’22 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,729.97 1,720.50 EQUITY 2,215.60 1,803.78 Property, Plant and Equipment 1431.78 1456.38 Equity Share Capital 43.27 41.90 Capital work-in-progre
Slide 18: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (in Rs. Crs.) Mar 23 Mar’22 Particulars (in Rs. Crs.) Mar’23 Mar’22 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,793.04 1,785.70 EQUITY 2,277.69 1,864.95 Property, Plant and Equipment 1,488.13 1514.04 Equity Share Capital 43.27 41.90 Other Equity 2,237.23
Slide 19: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Crs.) Mar-23 Mar-22 Mar-23 Mar-22 Profit Before Tax 271.81 79.47 280.25 53.47 Adjustments for: Non-Cash Items / Other Investment or Financial Items 103.69 98.8 98.96 124.86 Operating profit before working capital changes 375.5 178.27 379.2
Slide 20: Business Overview
Business Overview Integrated Business Model 19
Slide 21: Our Ethos - We Care, We Innovate
Our Ethos - “ We Care, We Innovate” Innovation To deliver value-added products across segments Sustainability Sustainable business model : We care for the Environment Employee Care Our most valuable assets 20
Slide 22: Strong Research & Development
Strong Research & Development World Class Laboratory New brands introduced with multiple grades catering to different application segments An Innovation Mindset of Speciality Carbon Black Continuous working on reducing energy consumption Continuous R&D in certain processes Focusing on new product Te
Slide 23: Current Product Portfolio
Current Product Portfolio Coal Tar Pitch Carbon Black Speciality Carbon Black Refined Naphthalene Largest Indian player 3rd Largest player in India Largest Indian Player Largest Indian Player Battery Material SNF Speciality Oils Power Dominant player in India Niche segments in India Green Power from
Slide 24: Applications across Industries
Applications across Industries Paints, Plastic & Fibre Graphite Electrodes Anti Corrosive Material Defence Construction Chemical Aluminium Lithium – Ion Batteries Infrastructure Rubber Industries Wood Preservative Oils Power Specialized Products 23
Slide 25: Marquee Clients across Industries
Marquee Clients across Industries 24
Slide 26: Future Strategy
Future Strategy Unparalleled access to growth opportunities High Value Product Strong Product Right Capacity Strong R&D Pipeline Clientele Leadership Diversified Global Cutting Edge Strategic End Markets Management Technologies Location Team Transformation Unfolds Addressing the needs of critical ra
Slide 27: Thank You
Company : CIN: L27106WB1987PLC042756 Mr. Somesh Satnalika EVP - CTD & Strategy Email: ssatnalika@himadri.com www.himadri.com Thank You Investor Relations Advisors : Ms. Payal Dave : +91 9819916314 payal.dave@linkintime.co.in Ms. Rasika Sawant: +91 9594457518 rasika.sawant@linkintime.co.in www.orient
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