Bcl Industries Ltd · NSE:BCLIND
Bcl Industries — 9M FY22 Earnings Presentation
28 slides from Bcl Industries's earnings presentation, Mar 8, 2022
Slide 1: Cover letter to stock exchanges
Regd. Office: Hazi Rattan Link Road, Post Box No. 71, l;lathinda-151001 BCL In dust�Limited Ph.: 0164-2240163, 2240443,2211628, Fax: 0164-5003638 /J Website: www.bcl.ind.in Email: bcl@mittalgroup.co. in CIN: L24231PB1976PLC003624 DATED: 08.03.2022 TO TO CORPORATE RELATIONSHIP DEPARTMENT THE MANAGER,
Slide 2: Limitless Potential - Investor Presentation March 2022
LIMITLESS POTENTIAL INVESTOR PRESENTATION March 2022
Slide 3: Executive Summary
Executive Summary Company Overview Financial Highlights – 9M - FY22 • BCL is a part of the Mittal Group founded in 1976, by Late Shri D. D. Mittal. Total Revenue - INR 14,830 Mn • Under the stewardship of Mr. Rajinder Mittal, the company has now grown into a diversified conglomerate in manufacturing
Slide 4: Company Overview
Company Overview
Slide 5: Company at A Glance
Company at A Glance Consolidated Revenue (INR Mn) • The company has transformed from 14,830 a small oil mill to one of the most 14,361 modern and largest vertically 9,037 9,255 integrated agro-based edible oil player in India with a processing capacity of 1,020 MT per day. • The company forayed into
Slide 6: Board of Directors
Board of Directors R.C. Nayyar - Chairman & Independent Director IAS (Retired) S.N. Goyal - Whole Time Director • An Indian Administrative Services graduate from 1982 batch and • Post Graduate in Commerce retired as Additional Chief Secretary, Government of Punjab. He • Has 4 decades of experience i
Slide 7: Our Evolution Since Inception
Our Evolution Since Inception 1976-1980 2006-2010 • In 1976, started with a Solvent Extracted Plant and extracting Oil from Rice Bran. • In 2007, the Company decided to diversify and after carefully learning about the • Production of Oil commenced in 1977. opportunities available, it decided to setu
Slide 8: Awards
Awards • Hind Gaurav Award 1994 - All India Achievers Conference, New Delhi • State Export Award 1993-1994 - Department of Industries, Punjab • Great Achiever of Industrial Excellent Award-2006 - Council for Economic Growth & Research, New Delhi • B.K. Goenka SEA Award 2006-10 - 4 Consecutive Years
Slide 9: Key Strengths
Key Strengths Four plus decades of The only company End-to-end rich experience, in India and the manufacturing Vertically integrated South Asian region facility from state of art plants that has a forward crushing, refining and landmark and backward to solvent housing projects integrated extraction
Slide 10: Business Overview
aff i ~ i" ausiness Overview.
Slide 11: Distillery
Distillery • BCL is one of the largest grain-based manufacturers of ENA and Ethanol in India. • The manufacturing facility of the company is a world class integrated distillation plant with a total capacity of 200 KLPD in Bathinda, Punjab. • It has a technologically advanced multi-grain Distillery f
Slide 12: Manufacturing Process of Distillery Complex
Manufacturing Process of Distillery Complex Co-generation Plant Process House Distillation Plant Bottling Plant Present Total Capacity – 200 KLPD Capacity Utilization – 100% Production Data 1,02,634 1,00,336 92,056 81,583 36,935 30,987 75,051 28,647 55,952 25,950 20,608 8,714 24,332 40,346 21,520 34
Slide 13: Expansion Plans
Expansion Plans BCL Industries has plans to take up the total group distillery capacity to 700 KLPD over the next three years. West Bengal Expansion: To capitalize on the ENA supply demand deficit scenario of North-Eastern India, BCL joined hands with the regional player M/s. Svarna Infrastructure t
Slide 14: Growth Drivers
Growth Drivers Alcohol demand of 6.3 Bn litres expected to grow at 12% annually. • Benefits of National Policy on Biofuels 2018: Industrial • Decreasing import dependency 0.7 • Cleaner Environment by reducing CO2 emission Fuel • Increasing farmer’s income by MSP Potable Ethanol 2.2 3.3 • Supporting
Slide 15: Edible Oil and Vanaspati
Edible Oil and Vanaspati • The company is engaged in the manufacturing of Vanaspati, Refined Oils, Expelling of Oils from Seeds, De-oiled cakes and Basmati & Para-boiled Rice. • The company has one of the largest integrated oil complex in North India in Bathinda. The oil complex consists of Oil Crus
Slide 16: Flagship Brands
Flagship Brands • BCL’s edible oils are sold under various brands namely Homecook, Do Khajoor and Revenue Break-Up FY21 Murli offering soybean oil, sunflower oil, cottonseed oil, vanaspati ghee, mustard oil and Contract rice bran oil. Brand (Markfed • The company also does contract manufacturing of
Slide 17: Edible Oil Manufacturing Facilities
Edible Oil Manufacturing Facilities Edible Oil Refinery Capacity: 200 MT/Day Utilization: 93% Chemical refining is done to manufacture refined edible oil, goes through the process of Degumming and neutralisation, Bleaching and Deodorisation. Vanaspati Manufacturing Capacity: 100 MT/Day Utilization:
Slide 18: Edible Oil Manufacturing Facilities
Edible Oil Manufacturing Facilities Solvent Extraction Capacity: 300 MT/Day Utilization: 41% Solvent extraction is achieved through the grinding of the seed or cake, purged or washed with petroleum distillate, which then releases the oil from the seeds. In our unit, we generally extract rice bran oi
Slide 19: Real Estate
Real Estate • Foraying into the business of real estate was part of risk mitigation strategy and broaden the company’s offerings so as to lessen the vagaries and challenges of the other industries the company is engaged in. • The company has two existing completed projects with a very large realizab
Slide 20: Industry Overview
Industry Overview
Slide 21: Indian Distillery Industry
Indian Distillery Industry ADDRESSING AN UNPRECEDENTED OPPORTUNITY ENA • India is the world’s third largest liquor market with an overall retail market size of $35 billion per annum. • The Indian alcohol market is expected to reach 16.8 Billion litres of consumption by the year 2022. • Alcohol consu
Slide 22: Indian Edible Oil Industry
Indian Edible Oil Industry Edible oil is sold in India either in Edible Oil Consumption in India consumer packs (5 lt. and less than 5 lt. pack sizes), bulk packs C AG R 25 : - 4% :4 % (15 kg/ lt.) or as loose oil in 22 C AG R :3 % tankers or barrels. AG R 21 19 C Due to change in consumer preferenc
Slide 23: Financial Overview
Financial Overview
Slide 24: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY22 Q3-FY21 Y-o-Y Q2-FY22 Q-o-Q Total Income* 5,666 4,015 41.1% 4,642 22.1% Total Expenses 5,303 3,796 39.7% 4,322 22.7% EBITDA 363 219 65.8% 320 13.4% EBITDA Margins (%) 6.41% 5.45% 96 Bps 6.89% (48) Bps Depreciation 35 32 9.4% 36 (2.8)% Fina
Slide 25: YTD Financial Performance
YTD Financial Performance Particulars (INR Mn) 9M-FY22 9M-FY21 Y-o-Y Total Income* 14,830 10,048 47.6% Total Expenses 13,869 9,455 46.7% EBITDA 961 593 62.1% EBITDA Margins (%) 6.48% 5.90% 58 Bps Depreciation 106 95 11.6% Finance Cost 50 111 (55.0)% PBT 805 387 108.0% Tax 186 98 89.8% Profit After t
Slide 26: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY20 FY21 H1-FY22 Particulars (INR Mn) FY20 FY21 H1-FY22 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,287 1,285 1,264 Share Capital 192 242 242 Capital Work in progress 192 287 525 Other Equity 1,983
Slide 27: Capital Market Data
Capital Market Data 300% 250% 200% 150% 100% 50% 0% Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 -50% BCL Industries Sensex Price Data (31st December, 2021) Shareholding Pattern (31st December, 2021) Face Value (INR) 10.0 Market Price (INR) 318.0 Promoter 52 We
Slide 28: Disclaimer
Disclaimer 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 not current after the d