Slide 1: Cover letter to stock exchanges: Investors' Presentation
[OJ DCW LIMITED February 14, 2024 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza Bldg. Department of Corporate Services, 5th Floor, Plot No.C-1 1st floor, New Trading Ring ‘G’ Block, Near Wockhardt, Rotunda Building, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Mumbai 400 05
Slide 2: DCW Limited Earning Presentation Q3/9M-FY24
DCW Limited Earning Presentation Q3/9M-FY24 1
Slide 3: Snapshot
Snapshot BUSINESS 8+ 2 Pioneer Leading Largest and Decades of State-of-the-Art In India Soda Ash, C-PVC, Manufacturer of Unique Experience Integrated Synthetic Rutile & C-PVC and SIOP Commercial scale Manufacturing Units SIOP in India manufacturer of SIOP in the Asia OPERATIONS 12+ 2,000+ Zero 58 MW
Slide 4: Business Overview, Financial Highlights, Historical Financial Overview
Business Overview Financial Highlights Historical Financial Overview 3
Slide 5: Company Overview
Company Overview 0 DEIU LIMITIO Operating Revenue (INR Mn) and EBITDA Margins • Incorporated in 1939, DCW Ltd. was established as Dhrangadhra Chemical Works at Dhrangadhra, (%) 26,338 Gujarat as India’s first Soda Ash plant. 24,547 • Since then DCW has pioneered and created a strong presence in the
Slide 6: Key Milestones
Key Milestones 0 DEIU LIMITIO Growth in Commodity Chemicals Expansion towards Specialty Chemicals Setup one of the Entered into a Technical Commenced Commissioning of the first integrated License and Support production of 1st Chlor-alkali Plant at plants in India to Agreement with Rockwood and only
Slide 7: Marquee Customers
Marquee Customers 0 DEIU LIMITIO Commodity Chemicals ~ FinOlex -- --NDUSTRIES l,♦ !TNPLI (ashirvad) NALCO PIPES '' - - - - - - - - - - - - - - - - - - - - - - I - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Slide 8: Value Proposition
Value Proposition 0 DEW LIMITID Significant Scale-up Opportunities Technology Tie-ups Diversified Application Base Niche & Diversified Product Mix Over 2,500- acre land bank available at Licensed technology from Arkema Catering to over 15 industries with Diversified product mix of Sahupuram facility
Slide 9: Capital Expenditure
Capital Expenditure 0 DEIU LIMITIO • To further strengthen its position, DCW has planned a capital expenditure of INR 125 Crs to make further inroads into Specialty Chemicals and expand its CPVC capacity and with line-balancing capex to increase the utilization of SIOP capacity to near 100% from cur
Slide 10: Business Overview, Financial Highlights, Historical Financial Overview
Business Overview Financial Highlights Historical Financial Overview 9
Slide 11: Key Financial and Operational Highlights
Key Financial and Operational Highlights Q3-FY24 Financial Performance Q3/9M-FY24 Operational Highlights: • Revenue declined on a QOQ and YOY basis due to price correction across Revenue from EBITDA all business segments, barring SIOP wherein the price remained steady EBITDA Margins Operations vis-à
Slide 12: Quarterly Key Segmental Performance
Quarterly Key Segmental Performance 0 DEIULIMITIO Revenue (INR Mn) & EBITDA Margin (%) C-PVC SIOP Caustic Division PVC Soda Ash 2,275 545 1,699 1,742 1,707 508 382 898 443 358 557 606 1,021 322 31.0% 752 20.0% 40.7% 35.0% 9.0% 37.0% -1.9% 28.0% 43.7% 7.8% 20.0% -1.0% -6.0% -3.9% -8.0% Q3-FY23 Q2-FY2
Slide 13: 9M Key Segmental Performance
9M Key Segmental Performance 0 DEIU LIMITIO Revenue (INR Mn) & EBITDA Margin (%) C-PVC SIOP Caustic Division PVC Soda Ash 1,717 7,629 7,226 2,632 1,416 1,131 5,102 1,765 973 3,117 37.0% 32.9% 31.2% 37.0% 1.0% -4.3% 17.0% 25.3% 2% 8.0% 9M-FY23 9M-FY24 9M-FY23 9M-FY24 9M-FY23 9M-FY24 9M-FY23 9M-FY24 9
Slide 14: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance 0 DEIU LIMITIO Particulars (INR Mn) Q3-FY24 Q3-FY23 Y-o-Y Q2-FY24 Q-o-Q Operational Income 3,978 5,792 (31.3)% 4,141 (3.9)% Total Expenses 3,784 4,777 (20.8)% 3,726 1.6% EBITDA 194 1,015 (80.9)% 415 (53.3)% EBITDA Margins (%) 4.88% 17.52% NA 10.02% (514)
Slide 15: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance 0 DEIU LIMITIO Particulars (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Operational Income 12,499 20,457 (38.9) % Total Expenses 11,378 17,166 (33.7)% EBITDA 1,121 3,291 (65.9)% EBITDA Margins (%) 8.97% 16.09% (712) bps Other Income 127 109 16.5% Depreciation 693 674 2.8% In
Slide 16: Business Overview, Financial Highlights, Historical Financial Overview
Business Overview Financial Highlights Historical Financial Overview 15
Slide 17: Historical Income Statement
Historical Income Statement 0 DEIU Particulars (INR Mn) FY21 FY22 FY23 9M-FY24 Operational Income 14,643 24,547 26,338 12,499 Total Expenses 12,549 21,299 22,053 11,378 EBITDA 2,094 3,248 4,285 1,121 EBITDA Margins (%) 14.30% 13.23% 16.27% 8.97% Other Income 113 61 153 127 Depreciation 874 885 902 6
Slide 18: Historical Balance Sheet
Historical Balance Sheet 0 DEIU LIMITIO Particulars (INR Mn) FY22 FY23 H1-FY24 Particulars (INR Mn) FY21 FY22 H1-FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 13,386 12,839 12,491 Share Capital 522 590 590 Other Equity 7,496 9,661 9,787 Capital Work in prog
Slide 19: Financial Performance
Financial Performance 0 DEIU LIMITIO Revenue From Operations (INR Mn) EBITDA (INR Mn) & EBITDA Margins PAT (INR Mn) 26,338 % 24,547 1,920 4,285 3,248 14,643 1,075 12,773 12,499 2,094 1,465 1,121 16.27% -268 3 14.30% 13.23% 38 11.47% 8.97% 111111111 - FY20 FY21 FY22 FY23 9M-FY24 FY20 FY21 FY22 FY23 9
Slide 20: Capital Market Data
Capital Market Data 0 DEIU LIMITIO Shareholding Pattern (As on 31st December, 2023) 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% -5.00% -10.00% -15.00% -20.00% -25.00% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 DCW2 Sensex Price Data (As on 31st December, 2023) IN
Slide 21: Disclaimer
Disclaimer 0 DEWLIMITID DCW Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events n
Slide 22: Thank You
THANK YOU 21