Slide 1: Earnings Presentation Q2 FY2023
www.paradeepphosphates.com Earnings Presentation Q2 FY2023 Nourishing the Future - Feeding the Nation
Slide 2: Business Overview
Business Overview Paradeep Phosphates is India’s second largest integrated phosphatic private sector company ▪ Paradeep Phosphates Limited (PPL) is India’s second largest private sector phosphatic company with a capacity of 3.0 MMTPA (finished fertilizers NPK, DAP and Urea) 3.0 MMTPA 16 States Insta
Slide 3: PPL Investment Case
PPL Investment Case Backward integration resulted in competitive EBITDA / tonne in an industry with attractive dynamics Well-positioned to capture favorable Indian fertilizer market with enabling and conducive government regulations • PPL will be able to capture a major share of growth in DAP / NPK
Slide 4: Q2 FY23 Performance Highlights
Q2 FY23 Performance Highlights (in Million) Total Income EBITDA PBT Net Profit Rs. 28,698 Rs. 1,875 Rs. 684 Rs. 511 Goa Plant one time cost : Rs. 422 Goa Plant one time cost : Rs. 422 Post Goa Plant one time cost: Rs 422 Adjusted EBITDA : Rs. 2,297 Adjusted PBT : Rs. 1,106 48.1% Y-o-Y Adjusted EBITD
Slide 5: Q2 FY23 PPL Operational Highlights
Q2 FY23 PPL Operational Highlights (Production Volume) Total Fertilizers DAP N-20 Other NPK 506,194 MT 49,450 MT 216,937 MT 115,432 MT 37% Y-o-Y (73)% Y-o-Y 43% Y-o-Y 233% Y-o-Y Zypmite Maha Zypmite+ Sulphuric Acid Phosphoric Acid 4,923 MT 6,978 MT 340,710 MT 79,610 MT 2% Y-o-Y 4% Y-o-Y (2)% Y-o-Y (
Slide 6: Leverage Profile and Working Capital Cycle
Leverage Profile and Working Capital Cycle (In Rs. millions) FY20 FY21 FY22 H1 FY23 Key Observation Long Term Debt 1,394 1,134 5,282 6,619 Increase in short term debt is balanced by increase in Short Term Debt 20,791 11,378 24,261 38,233 current assets Total Debt 22,185 12,512 29,543 44,851 Short te
Slide 7: Management Perspectives
Management Perspectives Commenting on the performance, Suresh Krishnan, Managing Director, said: “During the second quarter, we have been able to start the Goa Plant operations and all the 3 trains there are fully operational now. Also, the completion of the revamp process of the 4th granulation tra
Slide 8: Q2 FY23 Business Highlights
Q2 FY23 Business Highlights Goa Plant Integration New Product Launches New product launches: NPK 14:28:0, NPK Brownfield expansion through acquisition of 14:28:0:13 and NPK 24:24:0:0, aimed at the Goa Plant enhanced the leadership position wider geographies and to cater to new by providing wider geo
Slide 9: Manufacturing Locations
Manufacturing Locations Location Paradeep, Odisha Zuarinagar, Goa Area (Acres) 2,282 260 Target Market East, Central and South West, Central and South DAP, NPK-20, N-12, N-10, NPK-10, N-12, N-14, N-19, Feriliser Products N-14 N-28, DAP, Urea Brands Navratna and Jai Kisaan Jai Kisaan Installed Fertil
Slide 10: Sales and Distribution Network
Sales and Distribution Network PPL Total States Currently Present 16 Regional Marketing Offices 21 Stock Points 510 No. of Dealers 5,322 No. of Retailers 72,925 Farmers Covered ~ 8 Mn • Structured distribution network facilitates efficient sale of products and promotes brand visibility • Undertakes
Slide 11: Sales and Distribution Network H1 FY2023
Sales and Distribution Network H1 FY2023 Extensive sales and distribution network drives revenue growth and promotes brand visibility Regional Sales Volume Mix Regional Dealers Nos. 6.6% PPL Total 50.3% 27.2% 30.7% 28.5% 10.4% 8.6% West East North South 37.7% 5.5% 24.0% Paradeep 41.4% 38.0% 30.8% 14
Slide 12: Core PPL Product Portfolio
Core PPL Product Portfolio Well diversified product portfolio to cover the entire range of the non urea fertilizer market NPK - 10 NPK - 12 NPK - 20 DAP • Contains Nitrogen, Phosphorus • Contains Nitrogen, Phosphorus • Contains Ammonia, Phosphate • Granulated, high quality, water- and Potassium in t
Slide 13: Competitive Positioning
Competitive Positioning Manufacturing Comprehensive Product Backward integration of Capabilities Portfolio rock phosphate Paradeep capacity 1.8 MTPA: Consumer product portfolio: Raw material: NPK / DAP – 1.8 MTPA Five grades of NPK Stable source of raw materials, especially Goa capacity 1.2 MTPA: DA
Slide 14: PPL Growth Strategy
PPL Growth Strategy • Expansion of Paradeep production capacity of DAP and NPK to 1.8 MMTPA • Goa plant capacity addition by 1.2 MMTPA Capacity Expansion and Product • Paradeep sales volume mix of 54%, 28% and 17% from NPK, DAP and Urea products Diversification respectively in H1 FY2023 • Plan to ut
Slide 15: Key Growth Drivers in the Fertilizer Industry
Key Growth Drivers in the Fertilizer Industry Food Policy Industry Security Support Opportunity ▪ Global food demand continues to ▪ National Food Securities Act ▪ Growing populations and shrinking rise as population increases. (2013) covers 75% of the rural and agricultural lands due to However, lan
Slide 16: Consolidated Financial Performance Summary
Consolidated Financial Performance Summary (in Rupees Million) Q2 Y-o-Y Q1 Q-o-Q H1 Y-o-Y (Rs. Million) FY2023 FY2022 Growth(%) FY2023 Growth(%) FY2023 FY2022 Growth(%) Revenue from Operations 28,637 19,347 48% 24,347 18% 52,984 32,507 63% Other Income 61 30 107% 97 (37)% 159 74 115% Total Income 28
Slide 17: Organisational Structure
Organisational Structure Promoters Group % PPL Shareholdings – Sept 30, 2022 ZACL* 50-50 Joint Venture Others ZMPPL** 18.1% Promoter OCP Group Group Insurance 56.1% 56.1 % Companies Paradeep Phosphates 4.3% Foreign Portfolio Zuari Agro Chemicals (ZACL) has been a leading fertilizer player in Investo
Slide 18: Disclaimer and Contact Information
Disclaimer and Contact Information Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to “Paradeep Phosphates” future business deve
Slide 19: Thank You
Thank You Registered Office Paradeep Phosphates Limited 5th Floor, Bayan Bhavan Pandit Jawaharlal Nehru Marg Bhubaneswar - 751 001, Odisha, India Contact: +91 22 6169 5988 CorpAffairsBBSR@adventz.com