Ddev Plastiks Industries Limited · NSE:DDEVPLSTIK
Ddev Plastiks Industries — Q2 FY2023 Earnings Presentation
23 slides from Ddev Plastiks Industries's earnings presentation, Nov 12, 2022
Slide 1: Outcome of Board Meeting letter to BSE
DDEV PLASTIKS Date: 12fi November, 2022 To The Manager, Listing Department, BSE Limited PJ Towers, Dalal Street, Mumbai - 400 001. Sub: Outcome of l04th of 2022-23) Board Meeting. Ref: Requlation 30 of SEBI {Listins Oblisations and Disclosure Requirementsl Resulations. 2015. Dear Sirs The Board of D
Slide 2: Earnings Presentation Q2 FY23
Earnings Presentation Q2 FY23 Leading Manufacturer of Compounds www.ddevgroup.in Filler Compounds Color Masterbatch 66KV XLPE Cable XLPE Cable Engineering Plastics PVC Compounds
Slide 3: Successful Completion of Demerger
Successful Completion of Demerger Kkalpana Industries Strategic Rationale Demerger Ratio 1:1 Simplification of business structure Manage different business independently and be fully focused on Kkalpana Industries Ddev Plastiks exploring respective growth opportunities Reprocessing Business Compound
Slide 4: Business Overview – A Leading Manufacturer of Polymer Compounds
Business Overview – A Leading Manufacturer of Polymer Compounds Q2 FY2023 Performance About Us Highlights Revenue Gross Profit • A leading manufacturer of polymer compounds in India Rs. 645 Cr Rs. 84 Cr with a capacity of 2,39,000 MTPA • 5 Manufacturing units with state-of-the art machinery, EBITDA
Slide 5: Ddev Plastiks Industries Limited Marks its Debut on BSE
Ddev Plastiks Industries Limited Marks its Debut on BSE Commenting on the Performance, Narrindra Suranna, Chairman and Managing Director said: “I am pleased to report that Ddev Plastiks limited delivered a strong performance during the quarter. The growth was primarily driven by sufficient demand fr
Slide 6: Segment Results - Trend
Segment Results - Trend Revenue - Geography Revenue - Product Category 2% 13% 19% 29% 27% 32% 27% 26% 23% 40% 33% 10% 12% 11% 9% 85% 71% 73% 68% 67% 71% 68% 60% 62% 63% Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Domestic % Exports % Polyethylene % Poly Vinyl Chloride % Oth
Slide 7: Q2 FY2023 Performance Highlights
Q2 FY2023 Performance Highlights Revenue from Operations 14.1% Y-o-Y Gross Profit and Margins 19.2% Y-o-Y 6,222 6,447 982 5,651 5,341 5,371 882 836 701 684 18.2% 12.3% 14.0% 12.6% 12.7% Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Gross Profit Margin EBITDA and Margins 30.0%
Slide 8: Capital Structure
Capital Structure (Rs. Million) FY21 FY22 H1FY23 Long Term Debt 3 0.3 0.2 Short Term Debt 855 1,290 861 Total Debt 859 1,290 861 (-) Cash & Cash Equivalents 75 61 204 Net Debt 784 1,230 656 Total Equity 3,375 3,919 4,249 Net Debt/Equity 0.23 x 0.31 x 0.15 x Net Debt/EBITDA 1.05 x 0.96 x 1.40 x Inter
Slide 9: Working Capital Days
Working Capital Days Ddev Plastiks continues to maintain efficient cash conversion cycle Inventories Days Trade Receivables Days Trade Payables Days 88 64 63 57 56 66 52 49 49 50 35 34 FY20 FY21 FY22 H1FY23 FY20 FY21 FY22 H1FY23 FY20 FY21 FY22 H1FY23 Note: www.ddevgroup.in | 8 • FY21 figures are enc
Slide 10: Return Ratios
Return Ratios Return on Capital Employed Return on Equity Return on Asset 24.3% 22.3% 18.9% 15.6% 14.0% 15.1% 7.6% 5.9% 8.7% 4.3% 6.3% 2.7% FY20 FY21 FY22 H1FY23 FY20 FY21 FY22 H1FY23 FY20 FY21 FY22 H1FY23 Note: • Restated Financials post Demerger www.ddevgroup.in | 9 • FY21 figures are enclosure of
Slide 11: Financial Performance Trend - Annual
Financial Performance Trend - Annual Strong growth across all parameters in H1 FY23 Revenue from Operations Gross Profit EBITDA Profit After Tax 22,269 3,130 1,279 17,112 15,346 2,228 548 2,135 11,818 823 1,520 748 681 330 275 13.8% 13.9% 13.0% 12.7% 211 5.7% 5.7% 4.8% 4.8% 2.4% 2.8% 1.6% 1.4% FY20
Slide 12: Financial Performance
Financial Performance Q2 Q2 Y-o-Y Q1 Q-o-Q H1 H1 Y-o-Y (Rs. Million) FY2023 FY2022 Growth(%) FY2023 Growth(%) FY2023 FY2022 Growth(%) Revenue from Operations 6,447 5,651 14.1% 5,371 20.0% 11,818 10,707 10.4% Other Income 113 44 156.1% 51 124.1% 164 67 143.6% Total Income 6,560 5,695 15.2% 5,422 21.0
Slide 13: Manufacturing Capabilities
Manufacturing Capabilities Installed Capacity Name of the Plant Products manufactured (MTPA) PE Compound 31,500 Dhulagarh – West Bengal PVC Compound 6,000 Dadra and Silvasa - Dadra Plant 1 PVC Compounds 40,000 2 Nagar Haveli Silvasa - Dadra Plant 2 PE Compounds 2,500 EP Compounds 14,500 Daman - Dama
Slide 14: Diversified Customers - Domestic
Diversified Customers - Domestic Top clientele constitutes of prominent domestic and global companies Diversified customer base across cable, footwear, pipe and packaging industry mitigates industry-specific downturn impact Well established relationships with renowned clientele provide stability to
Slide 15: Diversified Customers - Exports
Diversified Customers - Exports 01 www.ddevgroup.in | 14
Slide 16: Major Milestones Achieved
Major Milestones Achieved Setting up of factory • Set up of Engineering • Demerger of the two at Dhulagarh, Plastic Compounding businesses, Compounding Howrah, West unit at Daman &Reprocessing Bengal. Merger of Alkom Speciality Setting up of new • Started manufacturing • Listing post Demerger Compan
Slide 17: Business Growth Drivers
Business Growth Drivers In house ability for designing and testing of new Wide range of extruder capabilities provide compounds with large fully equipped labs and flexibility to produce custom quantities for wide teams range of customers Multi-location setup, minimizing transportation Excellent mark
Slide 18: Experienced Board of Directors
Experienced Board of Directors Mr Narrindra Suranna Mr. Dev Krishna Surana Chairman & Managing Director Director Associated with Company since inception. Wide Dynamic business leader and key driving force of Company. experience in Plastic Industry, Company has He have done B.Com (Hons.) from St. Xav
Slide 19: Leadership Team
Leadership Team Mr Arihant Bothra Ms. Tanvi Pandey Chief Financial Officer Company Secretary He is an Associate member of Institute of Chartered She is a graduate in commerce and has received her Accountants of India and an IIM Calcutta Alumini. membership of Institute of Company Secretaries of Indi
Slide 20: Accreditations and Industry Recognition
Accreditations and Industry Recognition ISO Certificates KEMA Approval CPRI Approval CACT Approval NFC 33209 Approval POWERGRID Approval UL Approval French Lab XLPE ROHS TESTS PVC ROHS REACH TESTS ERDA 01 www.ddevgroup.in | 19
Slide 21: Sustainability at the Core
Sustainability at the Core Anna Prashan & Pravesh Utsav to promote Distributed Tri-color T-shirts to labour and Planted over 500 trees Adivasi child admission to school & for locals on Independence Day, celebrated Har at manufacturing units and schools nutrition during Ghar Tiranga campaign at our S
Slide 22: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements • This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Ddev Plastiks Industries Limited (also referred to as the ‘Company’). By attending the meetin
Slide 23: Leading Manufacturer of Compounds
Earnings Presentation Registered Office Mumbai Office 2B, Pretoria Street, 106, Laxmi Plaza, Laxmi Industrial Estate, Kolkata – 700 071 New Link Road, Andheri (West), Mumbai – 400 053 Phone: +91 33 22823744/45/8818 Phone: +91 22 67021470/71/72 Leading Fax: +91 33 22823739 Email: kolkata@ddevgroup.in
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