Deepak Fertilisers And Petrochemicals Corporation Ltd. · NSE:DEEPAKFERT
Deepak Fertilisers And Petrochemicals — Q3 FY2023 Earnings Presentation
18 slides from Deepak Fertilisers And Petrochemicals's earnings presentation, Feb 3, 2023
Slide 1: Exchange filing cover letter
03rd February, 2023 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Code: 500645 NSE Code: DEEPAKFERT Subject: Earnings Presentat
Slide 2: Earnings Presentation Q3 FY2023
(BSE: 500645; NSE: DEEPAKFERT) Earnings Presentation Q3 FY2023 03rd February 2023 MINING CHEMICALS INDUSTRIAL CHEMICALS CROP NUTRITION
Slide 3: Consolidated Financials: 9M FY22-23
Consolidated Financials: 9M FY22-23 2 Best Ever Q3 and 9M Financial Performance with High Growth Trajectory in Place Around 40% Gas Tied Up for Ammonia Project at Attractive Discount to Spot Revenue From Operations Operating EBITDA • Segment Performance: • 9M Chemicals Segment contributed ~87% of se
Slide 4: Consolidated Financials: Q3 FY23
Consolidated Financials: Q3 FY23 3 9M EBITDA Doubled; Q3 Jumps by 31% INR CR Q3FY23 Q3FY22 Y-o-Y growth 9M FY23 9M FY22 Y-o-Y growth Operating Revenue 2,755 1,956 40.9% 8,505 5,651 50.5% Operating EBITDA 461 352 31.0% 1,696 854 98.6% Margins (%) 16.7% 18.0% (126) bps 19.9% 15.1% 483 bps Finance Cost
Slide 5: Synergistic Business Model
Synergistic Business Model 4 Quarterly Operating Margins improved from 9% to 17% between Q3 FY20 – Q3 FY23 High level of Integration and Fungibility in Upstream – Downstream Operations Operating Revenue (Rs. Cr) Refinery Grade Muriate of Natural Gas Sulphur Propylene Potash 2,755 1,956 IPA Methanol
Slide 6: Quarterly Performance Trend
Quarterly Performance Trend 5 Robust Performance across segments driven by Demand and Transformation Initiatives Chemicals Business Fertilisers Business Revenues (Rs. Cr) Revenues (Rs. Cr) 1,134 1,615 1,182 769 Q3FY22 Q3 FY23 Q3FY22 Q3 FY23 Segment Profit (Rs. Cr) Segment Profit (Rs. Cr) 451 59 319
Slide 7: Mining Chemicals Business Review
Mining Chemicals Business Review 6 Growth momentum is expected to continue in Q4 FY23, which typically is the period of peak production for Mining and Infrastructure activities Mining Chemicals (TAN) Revenue Operational Highlights (Manufactured Sales Rs. Cr) • Post Q2 i.e., after monsoon period, the
Slide 8: Pharma / Speciality Chemicals Business Review
Pharma / Speciality Chemicals 7 Business Review Steel Grade Nitric Acid commercialization planned during Q4 FY23 Pharma / Speciality Chemicals (IPA+NA) Operational Highlights (Manufactured Sales Rs. Cr) • Prices of all grades of Nitric Acid remained strong. Extended plant 454 maintenance period at D
Slide 9: CNB Business Review
CNB Business Review 8 9M Fertilisers Segment revenues grew by 39% y-o-y with segment margins of 7% Operational Highlights Fertilisers Revenue (Manufactured Sales Rs. Cr) (NP + NPK + Bensulf) • Q3 Fertilisers Segment revenues grew by 47% y-o-y with segment margins 5% • Delayed withdrawal of South wes
Slide 10: Update on Raw Material
Update on Raw Material 9 Raw Material Price Movement in Last 18 Months Ammonia Bulk FOB - ME ($/MT) 1134 1232 913 1033 930 1001 1014 1037 1017 939 803 900 874 877 513 599 632 614 588 606 MAY-21 JUN-21 JUL-21 AUG-21 SEP-21 OCT-21 NOV-21 DEC-21 JAN-22 FEB-22 MAR-22 APR-22 MAY-22 JUN-22 JUL-22 AUG-22 S
Slide 11: Update on Upcoming Projects
Update on Upcoming Projects 10 Clearly Defined and Well Funded Capex Program • Total planned Investment: Rs 4,350 cr Ammonia • Cost incurred to date: Rs. 3,290 cr • Balance investment: Rs. 1,060 cr • Debt incurred to date: Rs. 1,956 cr • Expected commissioning: Q1 FY24 • Equity Infused: Rs. 1,334 Cr
Slide 12: Ammonia Project – Site Construction Work In Progress
Ammonia Project – Site Construction 11 Work In Progress (December 2022) Click Here to Watch Latest Ammonia Plant Video :Youtube DFPCL Link ISBL Water Package Area
Slide 13: Corporate Restructuring
Corporate Restructuring 12 Deepak Fertilisers Announced Demerger of its Mining Chemicals & Fertiliser Businesses • The Board of Directors of Smartchem Technologies Limited (‘STL’) at its meeting held in Dec Strategic Rationale: 2022 approved a Corporate Restructuring Plan with the objective of unloc
Slide 14: Capital Market Update
Capital Market Update 13 Capital Market: Building on trust by delivering on expectations Market Cap (Rs. Crores) Total No. of Shareholders Institutional Ownership (%) 23% 21% 11,083 1,82,471 1,93,465 9,026 1,51,462 15% 1,18,723 1,02,200 4,498 6% 5% 858 1,615 31-Dec-19 31-Dec-20 31-Dec-21 30-Sep-22 3
Slide 15: DFPCL – ESG Profile
DFPCL – ESG Profile 14 DFPCL ESG Profile: Launched an online ESG profile platform on DFPCL Corporate website, providing accessible streamlined ESG information to all stakeholders • DFPCL ESG profile is one stop solution for all ESG queries with consolidated searchable data at one place • Provides ea
Slide 16: CSR and Awards
CSR and Awards 15 Inclined Towards Overall Societal Development DFPCL participated and won in category of ‘Best Zero Trust Security- Manufacturing’ by Quantic India’s Cyber Security Excellence Awards 2022 Provided tolls and equipment’s (Electric Beautician Aspirants undergoing session Pump, Diesel E
Slide 17: Strategic Roadmap for Transformation Journey
16 Strategic Roadmap for Transformation Journey • Getting the size right by building upon: • 40+ years of deep-rooted knowledge base and proven experience • Operational Excellence through improved plant efficiencies and capacity utilizations besides low-cost debottlenecking initiatives • Strong alig
Slide 18: Safe Harbour and Investor Relations contacts
Safe Harbour: This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Deepak Fertilisers and Petrochemicals Corporation limited’s (DFPCL) futur
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