Tata Chemicals Limited · NSE:TATACHEM
Tata Chemicals — Q3 FY2025 Earnings Presentation
23 slides from Tata Chemicals's earnings presentation, Feb 3, 2025
Slide 1: Submission of Analysts/Investors Presentation cover letter
February 3, 2025 The General Manager The Manager Corporate Relations Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500770 Symbol:
Slide 2: Chemistry of Sustainable Growth
Chemistry of Sustainable Growth Investors Communication Quarter and Nine Months Ended December 2024
Slide 3: Safe Harbour Statement
Safe Harbour Statement This Presentation, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions
Slide 4: Financial Highlights
Financial Highlights Quarter and Nine Months Ended 31 December 2024
Slide 5: Performance Highlights - All time high production volumes, lower prices
Performance Highlights - All time high production volumes, however performance affected by lower prices over PQ and PY Consolidated Geography Demand Sentiment Q3FY25 9MFY25 India ↑ ↑ Production Volumes Production Volumes China Q2FY25 ↑ H1FY25 ↑ (Soda Ash, Bicarb and Salt) (Soda Ash, Bicarb and Salt)
Slide 6: Financial Snapshot – Lower EBITDA due to decline in realisation
Financial Snapshot – Lower EBITDA due to decline in realisation, effect flowing into PBT and PAT For the Quarter Ended 31 December 2024 Consolidated | ₹ Crore Revenue EBITDA Profit Before Tax Profit After Tax 3,999 3,730 3,590 618 542 434 348 262 267 194 66 49 Q3FY25 Q2FY25 Q3FY24 Q3FY25 Q2FY25 Q3FY
Slide 7: Financial Snapshot – Nine Months Ended 31 December 2024
Financial Snapshot- Highest volumes offset by lower realisation, leading to drop in EBITDA, PBT & PAT For the Nine Months Ended 31 December 2024 Consolidated | ₹ Crore Revenue EBITDA Profit Before Tax Profit After Tax 11,378 11,946 2,404 1,626 1,524 1,165 683 491 YTD Dec 24 YTD Dec 23 YTD Dec 24 YTD
Slide 8: Unit wise Profit & Loss
Unit wise Profit & Loss Statement of Profit and Loss for the Quarter Ended December 2024 Units Consolidated India US UK Kenya Rallis Var vs Var vs Var vs Var vs Var vs Var vs ₹ Crore CY PQ PY CY PQ PY CY PQ PY CY PQ PY CY PQ PY CY PQ PY PY PY PY PY PY PY Revenues 3,590 3,999 3,730 (140) 1,166 1,009
Slide 9: Sales Volume
Sales Volume Key Products Soda Ash | In Kts Sodium Bicarbonate | in Kts Salt | in Kts India US UK Kenya India UK India UK 846 914 811 2,630 2,434 63 56 55 175 161 425 397 407 1,222 1,206 61 77 64 207 181 71 75 83 221 232 45 46 50 137 162 22 23 23 70 70 559 529 1,779 1,607 632 354 322 324 1,001 974 4
Slide 10: Production Volume
Production Volume Key Products Soda Ash | In Kts Sodium Bicarbonate | In Kts Salt | In Kts India US UK Kenya India UK India UK 961 936 842 2,815 2,613 73 56 57 185 165 446 397 412 1,259 1,206 66 76 54 206 172 59 67 167 80 70 82 227 220 50 219 21 22 67 24 70 585 520 1,799 623 1,650 366 327 330 1,032
Slide 11: Historical Financial Trends
Historical Financial Trends Consolidated | ₹ Crore Standalone | ₹ Crore 1,400 1,302 1,200 4,407 4,218 1,166 3,998 3,999 1,135 1,093 1,090 1,000 3,730 3,789 3,590 1,066 1,047 1,009 3,475 Revenue Revenue 800 600 400 200 - Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY23 Q1FY24 Q2FY24 Q3F
Slide 12: Historical Financial Trends – USA and Kenya
Historical Financial Trends USA | ₹ Crore Kenya | ₹ Crore 250 1,650 200 1,484 208 Revenue Revenue 1,326 1,307 1,281 1,391 1,260 1,273 175 163 168 150 156 146 148 100 136 50 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 1,000 50% 500 9
Slide 13: Historical Financial Trends – UK and Rallis
Historical Financial Trends UK | ₹ Crore Rallis | ₹ Crore 800 1,000 900 700 707 800 928 650 833 600 608 782 783 700 594 Revenue Revenue 553 500 525 531 534 600 598 400 500 300 400 523 522 200 300 436 200 100 100 - - Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY23 Q1FY24 Q2FY24 Q3FY24
Slide 14: Strategic Priorities
Strategic Priorities UK • Focus on value added products like pharma salt and premium grade bicarb KENYA • Sustain volume delivery to customers through customer engagement • Deliver capacity expansions USA • Maximize volumes through customer engagement • Generate cash and Grow the core deleverage • D
Slide 15: Grow the Core
Grow the Core Expansion Plan On Track Expansion - Completed Expansion - Project Pipeline Capacity (Lacs MT) Capacity (Lacs MT) Products Products Expansion Expansion Soda Ash (India) 2.3 Soda Ash (India) 3.2 Bi-carb (India) 1.4 Silica (India) 0.6 Salt (India) 3.3 Soda Ash (US) 4.0 Pharma Salt (UK) 0.
Slide 16: Sustainability Priorities
Sustainability Priorities Focus Areas & Projects ESG Focus • Improved S&P’s Corporate Sustainability Assessment Score (CSA) with high data availability Sustainable & Ethical Impacts moved up from 32 in 2023 to 49 in 2024 (Industry average 32) (All scores out of 100) Climate Change • Energy crop plan
Slide 17: Awards and Recognitions
Awards and Recognitions Tata Chemicals received Special Tata Chemicals won the ISCM award for Tata Chemicals recognized among Appreciation for DEI (Diversity, excellence in supply chain management in CII Top 20 Innovative Companies Equity, and Inclusion) at CII-EFI the chemical industry 2024 Award N
Slide 18: Annexure: Tata Chemicals Background
Annexure Tata Chemicals Background 17
Slide 19: Journey So Far
Journey So Far Till FY18 Till FY20 FY21 Onwards Divestment of Urea and Completed Demerger of Focused Chemistry Phosphate Fertiliser Consumer Products Solutions Company Business Business Footprints across Employing With Supported by R&D Centres with 4 Continents ~5000 People 13 Manufacturing 200+ Sci
Slide 20: Our Facilities – India Operations
Our Facilities India Operations India India Rallis India Limited1 Major Products Major Products Major Products Soda Ash, Bicarb, Salt, Prebiotics, Crop Care, Crop Marine Chemicals and Specialty Silica Protection and Seeds Cement (Herbicides, Fungicides and Insecticides etc.) Installed Capacity Insta
Slide 21: Our Facilities – International Operations
Our Facilities International Operations USA UK KENYA Major Products Major Products Major Products Soda Ash, Bicarb, Salt Soda Ash Soda Ash Installed Capacity Installed Capacity Installed Capacity Soda Ash: 400,000 MTPA 350,000 MTPA 2,540,000 MTPA Bicarb: 130,000 MTPA Salt: 430,000 MTPA Pharma Salt :
Slide 22: Our facilities – R&D Centers
Our facilities R&D Centers 200+ Technically Skilled Scientists in R&D Tata Chem India Innovation Centre 3 State-of-the-art Innovation Centers Rallis India R&D Centre 221 Patents Filed 148 Granted 21
Slide 23: Thank You
Thank You For any queries, please contact below : Vijay Furia Gavin Desa vfuria@tatachemicals.com gavin@cdr-india.com Damini Jhunjhunwala Suraj Digawalekar djhunjhunwala@tatachemicals.com suraj@cdr-india.com