Fairchem Organics Ltd · NSE:FAIRCHEMOR
Fairchem Organics — Q4 FY2024 Earnings Presentation
16 slides from Fairchem Organics's earnings presentation, May 23, 2024
Slide 1: Cover letter to stock exchanges
FAIRCHEM ORGANICS LIMITED Regd. Office & Works: 253/P and 312, Village – Chekhala, Sanand – Kadi Highway, Taluka: Sanand, District: Ahmedabad – 382 115, GUJARAT, INDIA Phone (Board Nos.): (02717) 687900, 687901, +91 90163 24095 E-mail : cs@fairchem.in CIN: L24200GJ2019PLC129759 website: www.fairchem
Slide 2: Earnings Presentation Q4-FY24/FY24
Earnings Presentation Q4-FY24/FY24
Slide 3: Company at a Glance
Company at a Glance Well entrenched Customer Forward integration to Relationships in make value added high growth products from co-product Long lasting Pan India industries like Promoted by Fairfax – Monomer (Monobasic) Raw Material Paint, Inks, India Holdings and Fatty Acid – stream to sourcing cap
Slide 4: Company Overview
Company Overview • Fairchem Organics Ltd. (Fairchem) is engaged in the business of manufacturing of Oleo Revenue & EBITDA Margin (In Mn) Chemicals and Nutraceuticals, since the last 27 years. • It has a state -of-the-art Manufacturing unit which was set up in 1995 and has over the 6,432 6,480 6,215
Slide 5: Fairchem's Competitive Advantage
Fairchem’s Competitive Advantage Major Player in the Indian Oleo Chemical Market Using Renewable Resources • Processing waste from edible oil refining process to produce high value oleo chemicals giving it price advantage • Enjoy Leadership Position in the industry due to barriers to entry • Focus o
Slide 6: ESG Initiatives
ESG Initiatives ENVIRONMENT SOCIAL GOVERNANCE Effluent Method of Disposal CSR Activities • Always be adequately capitalized • Contribution towards ‘Project Dialysis” of Zero Liquid Discharge by Multi around INR 9.2 Mn • Not overleverage the balance sheet Water Effect Evaporator and Agitated Discharg
Slide 7: Key Financial Highlights
g FAIRCHEM Key Financial Highlights
Slide 8: Q4-FY24/FY24 Financial & Operational Highlights
Q4-FY24/FY24 Financial & Operational Highlights Q4-FY24 Financial Performance • Sales of finished goods in terms of volumes for all products grew by 14.8% QoQ, while in terms of value, it was lower by INR 1,606 Mn 7.7% QoQ. INR 188 Mn 11.71% Revenue from EBITDA EBITDA Margins Operations • EBITDA dec
Slide 9: Quarterly Financial Performance
Quarterly Financial Performance PARTICULARS (INR Mn)` Q4-FY24 Q4-FY23 Y-O-Y Q3-FY24 Q-O-Q Revenue from Operations 1,606 1,519 5.7% 1,481 8.4% Total Expenses 1,418 1,327 6.9% 1,283 10.5% EBITDA 188 192 (2.1)% 198 (5.1)% EBITDA Margins (%) 11.71% 12.64% (93) bps 13.37% (166) bps Other Income 3 2 50.0%
Slide 10: Annual Financial Performance
Annual Financial Performance PARTICULARS (INR Mn) FY24 FY23 Y-O-Y Revenue from Operations 6,215 6,480 (4.1)% Total Expenses 5,545 5,756 (3.7)% EBITDA 670 724 (7.5)% EBITDA Margins (%) 10.78% 11.17% (39) bps Other Income 11 7 57.1% Depreciation 93 82 13.4% Finance Cost 42 63 (33.3)% PBT 546 586 (6.8)
Slide 11: Historical Income Statement
Historical Income Statement PARTICULARS (INR Mn) FY21 FY22 FY23 FY24 Revenue from Operations 3,966 6,432 6,480 6,215 Total Expenses 3,279 5,383 5,756 5,545 EBITDA 687 1,049 724 670 EBITDA Margins (%) 17.32% 16.31% 11.17% 10.78% Other Income 3 3 7 11 Depreciation 66 71 82 93 Finance Cost 68 69 63 42
Slide 12: Historical Balance Sheet
Historical Balance Sheet ASSETS FY22 FY23 FY24 EQUITY AND LIABILITIES FY22 FY23 FY24 Non-Current Assets EQUITY Property, Plant and Equipment 1,363 1,514 1,868 Equity Share Capital 130 130 130 Instruments entirely equity in nature Capital work-in-progress 420 349 60 Other Equity 2,191 2,462 2,769 Rig
Slide 13: Historical Cash Flow Statement
Historical Cash Flow Statement PARTICULARS (INR Mn) FY22 FY23 FY24 Cash and Cash Equivalents at Beginning of the year 0.3 0.1 0.1 Cash Flow From Operating Activities 405 496 745 Cash Flow from Investing Activities (342) (145) (176) Cash Flow From Financing Activities (63) (351) (569) Net Inc./(Dec.)
Slide 14: Key Financial Highlights
Key Financial Highlights Revenue (In Mn) EBITDA (In Mn) & EBITDA Margin (%) PAT (In Mn) & PAT Margin (%) 5 Year CAGR - 20% 5 Year CAGR - 13% 5 Year CAGR - 14% 6,432 6,480 6,215 1,049 679 724 687 670 435 405 3,966 425 3,065 484 347 2,499 361 215 15.79% 17.32% 16.31% 11.32% 10.72% 10.56% 14.44% 10.78%
Slide 15: Capital Market Data
Capital Market Data Stock Market Performance (As on 31st March, 2024) Dividend Percentage 50% 130.00% 40% 30% 75.00% 75.00% 20% 10% 35.00% 0% 25.00% 15.00% -10% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-2 3 Dec-23 Jan -24 Feb-24 Mar-24 Fairchem Organics Sensex FY19 FY20 FY21 FY22 FY23 FY2
Slide 16: Disclaimer
Disclaimer Fairchem Organics Limited Disclaimer: The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation that al