Oriental Aromatics Ltd. · NSE:OAL
Oriental Aromatics — Q2 FY2024 Earnings Presentation
20 slides from Oriental Aromatics's earnings presentation, November 2023
Slide 1: Stock exchange disclosure letter under Regulation 30
Ref: OAL/BSE/NSE/96/2023-24 10" November, 2023 To To The Manager The Manager Department of Corporate Services, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai -
Slide 2: Earnings Presentation | Q2/H1-FY24
EARNINGS PRESENTATION | Q2/H1-FY24
Slide 3: Executive Summary
Executive Summary Overview • Oriental Aromatics Ltd. is one of the largest Indian manufacturers of a variety of Aroma Chemicals, Camphor, Fragrances and Flavours. • The company is one of the privileged few integrated manufacturers of fragrances and flavours as well as aroma chemicals globally. • The
Slide 4: Company Overview
3 Company Overview
Slide 5: Company Overview
Company Overview • The Fragrance and Flavours business of Oriental Aromatics was founded by Mr. Keshavlal Bodani in Fragrances 1955 and has been nurtured and handed down to three generations of the Bodani’s. • In August 2008, Oriental Aromatics’ promoters acquired a controlling stake of 57.66% in th
Slide 6: Value Chain
Value Chain Sources of Raw Raw Materials Products/Blends Applications Materials Aroma Ingredients Incense Sticks Speciality Aroma Chemicals Pine Oil Air Fresheners Terpene based aroma chemicals Pine Tree Others Cosmetics Synthetic Camphor Alpha Pinene Spiritual Fragrance and Flavour Products Petrole
Slide 7: Q2/H1-FY24 Financial Overview
6 Q2/H1-FY24 Financial Overview
Slide 8: Q2/H1-FY24 Financial Highlights
Q2/H1-FY24 Financial Highlights Q2-FY24 Consolidated Financial Performance H1-FY24 Consolidated Financial Performance INR 2,268 Mn INR 110 Mn 4.85% INR 4,425 Mn INR 120 Mn 2.84% Revenue from EBITDA EBITDA Margin Revenue from EBITDA EBITDA Margin Operations Operations INR 24 Mn 1.06% INR 0.72 /share
Slide 9: Q2/H1-FY24 Operational Highlights
Q2/H1-FY24 Operational Highlights • During the quarter, the company witnessed a healthy demand in Fragrance and Flavours. • There was a volume and value growth in Fragrance and Flavour division. However, Aroma Chemicals and Camphor division continue to stay under pressure for margin and sales growth
Slide 10: Q2-FY24 Consolidated Income Statement (IND-AS)
Q2-FY24 Consolidated Income Statement (IND-AS) Particulars (INR Mn) Q2-FY24 Q2-FY23 Y-O-Y Q1-FY24 Q-O-Q Revenue from Operations 2,268 2,208 2.7% 1,957 15.9% Total Expenses 2,158 2,062 4.7% 1,948 10.8% EBITDA 110 146 (24.7)% 9 NA EBITDA Margins (%) 4.85% 6.61% (176) Bps 0.46% 439 Bps Other Income 28
Slide 11: H1-FY24 Consolidated Income Statement (IND-AS)
H1-FY24 Consolidated Income Statement (IND-AS) Particulars (INR Mn) H1-FY24 H1-FY23 Y-O-Y Revenue from Operations 4,225 4,543 (7.0)% Total Expenses 4,105 4,233 (3.0)% EBITDA 120 310 (61.3)% EBITDA Margins (%) 2.84% 6.82% (398) Bps Other Income 34 44 (22.7)% Depreciation 98 95 3.2% Finance Cost 101 5
Slide 12: Historical Financial Overview
11 Historical Financial Overview
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement Income Statement (Mn) FY21 FY22 FY23 H1-FY24 Total Operational Income 7,088 8,688 8,491 4,225 Total Expenses 5,532 7,753 7,940 4,104 EBITDA 1,556 935 551 121 EBITDA Margins (%) 21.95% 10.76% 6.49% 2.86% Other Income 18 44 58 34 Depreciation 175 170 193 97 Finan
Slide 14: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Liabilities (INR Mn) FY22 FY23 H1-FY24 Assets (INR Mn) FY22 FY23 H1-FY24 Shareholders Fund Assets Non-Current Assets Share Capital 168 168 168 Property, Plant and Equipment 2,076 2,089 2,043 Other Equity 5,893 6,099 6,048 Intangible Asset 24 47 48 Non-Current Liab
Slide 15: Historical Consolidated Income Statement
Historical Consolidated Income Statement Income Statement (Mn) FY21 FY22 FY23 H1-FY24 Total Operational Income 7,088 8,688 8,491 4,225 Total Expenses 5,537 7,763 7,949 4,105 EBITDA 1,551 925 542 120 EBITDA Margins (%) 21.88% 10.65% 6.38% 2.84% Other Income 17 44 57 34 Depreciation 175 170 194 98 Fin
Slide 16: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Liabilities (INR Mn) FY22 FY23 H1-FY24 Assets (INR Mn) FY22 FY23 H1-FY24 Shareholders Fund Assets Share Capital 168 168 168 Non-Current Assets Other Equity 5,884 6,081 6,028 Property, Plant and Equipment 2,079 2,091 2,045 Goodwill on Amalgamation 450 450 450 Non
Slide 17: Consolidated Financial Performance
Consolidated Financial Performance Revenue from Operations (INR Mn) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 21.88% 25. 00% 14.38% 16. 00% 8,688 8,491 14. 00% 20. 00% 1,551 12. 00% 7,088 1,019 10. 00% 6.13% 15. 00% 10.65% 8. 00% 6.38% 10. 00% 6. 00% 4,225 2.32% 925 4. 00%
Slide 18: Capital Market Information
Capital Market Information Stock Performance (As on 30th September, 2023) 25.0% 5.0% -15.0% -35.0% -55.0% Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 OAL Sensex Price Data (As on 30th September, 2023) INR Shareholding Pattern (As on 30th September, 2023) Face
Slide 19: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Oriental Aromatics Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 20: Thank you