Gujarat Narmada Valley Fertilizers & Chemicals Ltd. · NSE:GNFC
Gujarat Narmada Valley Fertilizers & Chemicals — Q1 FY2024-25 Earnings Presentation
16 slides from Gujarat Narmada Valley Fertilizers & Chemicals's earnings presentation, Aug 13, 2024
Slide 1: Stock exchange cover letter for investor presentation
NO. SEC/BD/SE/ August 13, 2024 Dy. General Manager The Manager BSE Limited Listing Department Corporate Relationship Dept., National Stock Exchange of India Limited 1 st Floor, New Trading Ring, Exchange Plaza, Rotunda Bldg., C-1, Block - “G”, PJ Towers, Dalal Street, Fort, Bandra-Kurla Complex, Ban
Slide 2: Investor Presentation – Conference Call – Q1 FY 24-25
Gujarat Narmada Valley Fertilizers & Chemicals Ltd INVESTOR PRESENTATION – CONFERENCE CALL – Q1 FY 24-25 August - 2024
Slide 3: Cautionary Note - Forward Looking Statement
Cautionary Note - Forward Looking Statement Only matters in the public domain can be subject matter of discussion in this meeting. As a matter of policy, we do not provide any forecast about the future business situation. We do not comment or give guidance on future results or business outlook
Slide 4: Strengths
Strengths Multi-product basket which helps to Robust manufacturing technologies; keep financial stability absorbed and adopted from technology experts worldwide Record capacity utilization in all plants Consistent profit since inception PAN India distribution network Strong technical team with deep
Slide 5: Key Business Updates
Key Business Updates Fertilizers: The policy frame work is being prepared for Urea Industry’s energy norms effective 1st April-2024 There is no change announced by GoI in respect of nutrient based scheme of complex fertilizers In respect of fixed costs, the requisite data has been submitted to
Slide 6: From The Desk of Managing Director
From The Desk of Managing Director Shri Pankaj Joshi Managing Director During the Q-1 FY 24-25, industrial chemicals witnessed better margins in general which helped improve the EBITDA. While the EBITDA is favourable, on Q-o-Q basis, the annual turn around at Dahej complex has limited the available
Slide 7: Financial Performance
Financial Performance (₹ Crores) FY 24-25 FY 23-24 Change Particulars • There was planned maintenance Q1 Q4 Q1 Y-o-Y shutdown of TDI-II plant during Q1 FY 24-25 resulting into lower volume of Operating Revenue 2,021 2,110 1,652 22% TDI affecting revenue apart from decrease in sales realisations. Tot
Slide 8: Segment Performance
Segment Performance S EG M E NT R E V E NU E S EG M E NT R E S U LT 33 16 16 3 2,500 150 40 16 2,000 100 1,500 1,287 1,304 118 136 1,092 50 80 1,000 500 790 701 - 520 (32) (26) (30) - (50) Q1 Q4 Q1 Q1 Q4 Q1 FY 23-24 FY 23-24 FY 24-25 FY 23-24 FY 23-24 FY 24-25 Fertilizers Chemicals Others Fertilizer
Slide 9: Feedstock Spreads: Toluene and TDI
Feedstock Spreads Toluene TDI Price (₹ ‘000/MT) Highest Highest Lowest Lowest 194 174 181 174 173 87% 122% 172% 109% 155% 114% 102% 146% 156% 122% 87 87 93 81 86 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Source: Company GNFC I Investor Presentation I Q1 FY 24-25 8 of 15
Slide 10: Feedstock Spreads: Methanol and Acetic Acid
Feedstock Spreads Methanol Acetic Acid Price (₹ ‘000/MT) Lowest Highest 38 44 43 39 43 35% 84% 68% 64% 44% 28 26 27 27 # 23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 #Methanol cost represents the weighted average cost of the Bought Out Methanol and captively produced further adjusted by the combined positi
Slide 11: Feedstock Spreads: Benzene and Aniline
Feedstock Spreads Benzene Aniline Price (₹ ‘000/MT) Highest Lowest 161 148 129 135 127 93% 76% 59% 68% 63% 83 81 80 91 72 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Source: Company GNFC I Investor Presentation I Q1 FY 24-25 10 of 15
Slide 12: Trends In Key Energy Inputs
Trends In Key Energy Inputs Oil (Rs. / MT) N (Gas) Rs. / '000 SM3 Imported Coal (Rs. / MT) ( ₹ ‘000 ) 87 66 53 13% 47 41 38 33 -19% 22 23 12 12 11 -6% 10 6 6 JUN-20 JUN-21 JUN-22 JUN-23 JUN-24 Source: Company % Represent Y-o-Y Changes N (Gas) : Considered Non Urea GNFC I Investor Presentation I Q1 F
Slide 13: Expansion Plan Timeline
Expansion Plan Timeline FY23-24 FY24-25 FY25-26 FY26-27 FY27-28 PROJECTS UNDER EXECUTION 1) Coal Based Steam & Power Plant, TDI-II Dahej 150 Mt/Hr Steam & 18 MW Power 2) Ammonia Expansion 50 KTPA PROJECTS APPROVED BY BOARD 1) Weak Nitric Acid (WNA-III) – For execution 200 KTPA 2) Ammonium Nitrate (A
Slide 14: Focus on Driving Responsible Future Growth
Focus on Driving Responsible Future Growth • CCPP : Will bring down the steam cost & overall TDI operating cost • Ammonia Expansion : Increase reliability of existing ammonia loop along with some energy saving • WNA and AN : Will strengthen company’s market share GNFC I Investor Presentation I Q1 FY
Slide 15: Conference Call Details
Conference Call Details Earning Conference Call Q1 FY2024-25 Time: Wednesday, 14 August, 2024 at 15:30 hrs. Dial-In Numbers: Primary Access +91 22 6280 1328 / +91 22 7115 8255 Diamond Pass Registration Link: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=6718428&l
Slide 16: Cautionary Note - For Further Information Please Contact
Cautionary Note - Forward Looking Statement For Further Information Please Contact: Investor relation cell at: Email: investor@gnfc.in
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