Chemplast Sanmar Limited · NSE:CHEMPLASTS
Chemplast Sanmar — Q3 FY2025 Earnings Presentation
32 slides from Chemplast Sanmar's earnings presentation, Feb 9, 2025
Slide 1: Exchange filing cover letter
9th February, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Mumbai – 400 050 Scrip Code - 543336 Scrip Symbol - CHEMPLASTS Subject: Investor Presentation Please find enclosed a copy of Investor
Slide 2: Chemplast Sanmar Ltd. Investor Presentation – Q3 FY '25
Chemplast Sanmar Ltd. Investor Presentation – Q3 FY ’25
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the ‘Presentation’), which have been prepared by Chemplast Sanmar Ltd. (the ‘Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Performance Highlights
Performance Highlights CC
Slide 5: Performance Highlights: Q3 & 9M FY '25
Performance Highlights: Q3 & 9M FY ’25 Key Highlights Revenues EBITDA PAT • Business performance improved largely on account of better prices and margins Rs. Cr on Paste PVC, improved performance of CMCD and also due to increased volumes of Paste PVC from the new Cuddalore plant 32 PVC (both Suspens
Slide 6: MD's Message
MD’s Message “Our results for the current year show a marked improvement over the same period in FY ‘24. The total revenue for the first nine months stood at Rs 3,195 crores, a growth of 11% on YoY basis. This was largely on account of better prices and margins on the PVC businesses and improved per
Slide 7: Segmental Highlights - Quarterly
Segmental Highlights - Quarterly Rs. Cr Speciality Chemicals Value -added Suspension PVC Consolidated Chemicals# Revenue Break-up 1,058 993 888 377 554 161 529 527 303 154 194 140 Q3 FY '24 Q2 FY '25 Q3 FY '25 Q3 FY '24 Q2 FY '25 Q3 FY '25 Q3 FY '24 Q2 FY '25 Q3 FY '25 Q3 FY '24 Q2 FY '25 Q3 FY '25
Slide 8: Segmental Highlights – Nine Months
Segmental Highlights – Nine Months Rs. Cr Speciality Chemicals Value -added Suspension PVC Consolidated Chemicals# Revenue Break-up 3,195 2,872 1,843 1,699 1,031 635 466 394 9M FY '24 9M FY '25 9M FY '24 9M FY '25 9M FY '24 9M FY '25 9M FY '24 9M FY '25 mt 4,18,233 3,99,477 Sales Volume 2,44,838 2,2
Slide 9: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account Rs. Cr Particulars Q3 FY ’25 Q3 FY ’24 Y-o-Y Q2 FY ’25 Q-o-Q 9M FY ’25 9M FY ’24 Y-o-Y Revenue from Operations 1,058 888 19% 993 7% 3,195 2,872 11% Cost of Goods Sold 683 603 13% 624 9% 1,992 1,985 0% Employee Cost 67 42 59% 66 1% 191 119 61% Other Expenses 276 249
Slide 10: Stand-alone Profit & Loss Account
Stand-alone Profit & Loss Account Rs. Cr Particulars Q3 FY ’25 Q3 FY ’24 Y-o-Y Q2 FY ’25 Q-o-Q 9M FY ’25 9M FY ’24 Y-o-Y Revenue from Operations 586 439 33% 516 13% 1,662 1,140 46% Cost of Goods Sold 307 235 31% 246 25% 817 541 51% Employee Cost 47 29 59% 45 5% 131 81 63% Other Expenses 217 184 18%
Slide 11: Company Overview
Company Overview CC
Slide 12: Chemplast Sanmar: Leading Chemical Manufacturer in India
Chemplast Sanmar: Leading Chemical Manufacturer in India… 4 Manufacturing Experienced management #1 Leading #1 sites with a high degree of team with deep domain expertise manufacturer manufacturer of backward integration (2) player in of Speciality Custom S-PVC in Paste PVC Manufactured South India
Slide 13: … with a Diversified Product Portfolio
… with a Diversified Product Portfolio Chemplast Sanmar CCVL (1) Speciality Chemicals Value-added Chemicals Suspension PVC Speciality Paste PVC Custom Caustic Soda Hydrogen Chloromethanes resin Manufacturing peroxide Irrigation Auto and Paper Textiles End-user Footwear Furniture Pharma Agrochemicals
Slide 14: The Sanmar Advantage: Speciality Paste PVC
1. Speciality Paste PVC Part of speciality chemical division of Chemplast Sanmar. Largest manufacturer of Speciality Paste PVC resin in India • Manufactured at Mettur facility since 1968; 41 ktpa one-step process capacity added at Cuddalore in Q4-FY ‘24 CSL is the oldest player and one of only two c
Slide 15: The Sanmar Advantage: Custom Manufactured Chemicals
2. Custom Manufactured Chemicals Part of speciality chemicals division of Chemplast Sanmar; growing Renowned for our Sustainability, Environmental and Safety rapidly on the back of 15 years of long-standing client relationships stewardship • Quality manufacturing at Berigai facility in a safe and su
Slide 16: The Sanmar Advantage: Caustic Soda, Hydrogen Peroxide, Chloromethanes
3. Caustic Soda | Hydrogen Peroxide | Chloromethanes | Ref. Gas Part of Value-added chemicals division of Chemplast Sanmar; These complete the integration story of the company • Generated as a joint product in the process of manufacture of Capacity chlorine Caustic soda 119,000 • Sold at 48-50% conc
Slide 17: The Sanmar Advantage: Suspension PVC
4. Suspension PVC (1) Largest manufacturer of S-PVC in South India Strong customer relationships with a diversified dealer/ and second largest in India customer network • Manufactured at Cuddalore facility since 2009; 331 ktpa capacity The Sanmar Advantage • This facility has a captive import termin
Slide 18: Key Strengths
Key Strengths
Slide 19: Key Strengths
Key Strengths ‣ Over five decades track record ‣ State-of-the-art manufacturing units at strategic locations ‣ Significant expansion projects – Speciality chemicals Chemplast Sanmar Limited ‣ High growth industry ‣ Strong focus on sustainability ‣ Committed leadership team with eminent board 18
Slide 20: Over five decades track record
1. Over five decades track record Commencement of Expansion of Marine terminal Capacity expansion: CCVL became a wholly Commissioned Phase 1 of manufacturing of production capacity facility and EDC Paste PVC to 66,000 tpa at owned subsidiary of our Custom Manufacturing PVC resins at of PVC resins to
Slide 21: State-of-the-art Manufacturing Units
2. State-of-the-art Manufacturing Units… 01 Mettur, Tamil Nadu • The site consist of 4 plants with high degree of integration • Paste PVC – 66 ktpa • Zero liquid discharge facility • Hydrogen Peroxide – 34 ktpa • Sourcing of power from a captive power plant of 48.5 MW • Chloromethanes – 35 ktpa • Re
Slide 22: … with a High Degree of Backward Integration
… with a High Degree of Backward Integration Mettur Plant Externally Procured Hydrogen Hydrogen By Product Peroxide 34kt Product Sold Caustic Imported Coal Methanol Soda EDC Power Plant Ref. Electrolysis Gases Paste PVC 48.5 MW VCM 70 kt 66 kt Chloromethanes Chlorine HCl HCl 35 kt Salt 400kt (Vedara
Slide 23: Significant expansion projects – Speciality chemicals
3. Significant expansion projects – Speciality chemicals 5,410 mtpa 910 Steady state mtpa 1432 Phase mtpa 3 2,000 Phase Project mtpa 2 initiated 1,068 Phase mtpa Commissioned 1 (Dec’24) Existing Commissioned (Sep ’23) Custom • Commissioned Phase 1 of new multi-purpose production block (‘MPB’) in Sep
Slide 24: High Growth Industry…
4. High Growth Industry… Custom Manufactured Products Speciality Paste PVC Suspension PVC Chemicals • India heavily import dependent • India set to outpace global Agro-CMC • India heavily import dependent • Demand growing at a fair clip market - AIs and advanced Key • Enough headroom to grow – no ca
Slide 25: … with CSL's unique position to capitalize on it
… with CSL’s unique position to capitalize on it Technology not Leverage Existing Infra available on License Owns vacant industrial land and 01 other infrastructure for future leg of Paste PVC manufacturing technology is closely expansion guarded and is not readily available on license 02 High Safet
Slide 26: Strong Focus on Sustainability…
5. Strong Focus on Sustainability… Environment • Harmonious relationship with Friendly Practices Health & Safety Measures neighboring communities • Zero liquid discharge policy • Transport safety - Installation of • Desalination plants at coastal speed control & safety systems • Receive enquiries fr
Slide 27: … with various awards & recognitions
… with various awards & recognitions Accreditations Key Awards Sword of Sword of Honor Honor British Safety ECOVADIS SILVER Star Award from British Safety Council MEDAL National Safety Council Council 2021, 2020, Mettur Safety Safety Cuddalore Plant 2 One of the two winners of the ‘Sustainability FI
Slide 28: Committed Leadership Team With Eminent Board
6. Committed Leadership Team With Eminent Board Dr. Krishna Kumar N Krishnamoorthy Vijay Sankar Ramkumar Shankar Rangachari Chairman & Managing Director Deputy Managing Director - Managing Director - Commercial Non Executive Director Custom Manufactured Chemicals Division Aditya Jain Dr. Lakshmi Vij
Slide 29: Historical Financials
Historical Financials Po
Slide 30: Historical Segmental Highlights
Historical Segmental Highlights Rs. Cr Speciality Chemicals Value-added Suspension PVC Total Revenue Break-up Chemicals# 5,892 3,880 4,941 1,272 2,992 863 2,510 3,799 3,923 1,086 913 966 740 2,440 3,123 749 1,863 511 517 376 FY '20 FY '21 FY '22 FY '23 FY '24 FY '20 FY '21 FY '22 FY '23 FY '24 FY '2
Slide 31: Performance Trend
Performance Trend Revenue EBITDA Rs. Cr 13% 22% 20% 9% 1% Margin 5,892 1,197 4,941 855# 3,799 3,923 3,123 400 468 26 FY '20 FY '21 FY '22 FY '23 FY '24 FY '20 FY '21 FY '22 FY '23 FY '24 PAT Net Debt -2% 8% 11% 3% -4% 649 2,060 310++ 1459 152 741 -47 -158 -362 -184 FY '20 FY '21 FY '22 FY '23 FY '24
Slide 32: Thank You!
Thank You! Company Chemplast Sanmar Ltd. CIN- L24230TN1985PLC011637 Harish Sridhar - Investor Relations grd@sanmargoup.com www.chemplastsanmar.com Investor relations advisor Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Shikha Puri / Shrikant Sangani shikha.puri@sgapl.net/ shrikant