Paragon Fine And Speciality Chemical Limited · NSE:PARAGON
Paragon Fine And Speciality Chemical — Investor Presentation (December 2023)
31 slides from Paragon Fine And Speciality Chemical's investor presentation, Dec 2, 2023
Slide 1: H1FY24 Investor Presentation
www.paragonind.com H1FY24 INVESTOR PRESENTATION PRIVATE & CONFIDENTIAL
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Paragon Fine & Speciality Chemical Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 3: Half Yearly Highlights Post IPO
HALF YEARLY HIGHLIGHTS POST IPO ( Amount in Rs. Lakhs) Revenue From Operations 85.20% EBITDA 115.25% PAT 104.51% Y-o-Y Y-o-Y Y-o-Y H1FY23 3248.30 H1FY23 413.40 H1FY23 292.80 H1FY24 6015.77 H1FY24 889.86 H1FY24 598.8 www.paragonind.com 03
Slide 4: At a Glance
AT A GLANCE Into custom synthesis & ROCE of 38.86% & manufacturing of RoE of 56.89% , PAT Pharma, AGRO, margin of 9.67% in Cosmetics, FY23 with Domestic Pigment & Dye Sales revenue Intermediates increasing at a CAGR 47% Adding Diversified portfolio 1. A supplement for of 140 products humans & animal
Slide 5: Varied Industries Served
VARIED INDUSTRIES SERVED PHARMACEUTICALS AGROCHEMICALS WATER TREATMENT COSMETICS SPECIALTY PIGMENTS AND DYES www.paragonind.com 05
Slide 6: About the Company
ABOUT THE COMPANY A pilot plant with two glass line assembly and three reactors installed, Manufacturing facility at for batch reaction technology Viramgam District, Ahmedabad, Gujarat equipped with reactors In-house R&D facility with 14 technocrats Promoters having more than 3 decades of Diversifie
Slide 7: Diversified Product Portfolio
DIVERSIFIED PRODUCT PORTFOLIO PRODUCT PORTFOLIO COMPRISED OF AROUND 140 PRODUCTS Product Industry Application Uses & Description DICHLONE Dye Intermediates Can be used as a color-bleeding inhibitor or as an agent to enhance the color fastness of textile dyes. Applications in the textile industry as
Slide 8: Diversified Product Portfolio
DIVERSIFIED PRODUCT PORTFOLIO PRODUCT PORTFOLIO COMPRISED OF AROUND 140 PRODUCTS Product Industry Application Uses & Description 2-AM-5- METHOXY Pharma Intermediates Used in synthesis of analgesics, BENZENE-1, 4- DISulfonic anti-inflammatory drugs, and acid Disodium SALT antibiotics 5-Nitro-2-Amino
Slide 9: Revenue Bifurcation by Industry
REVENUE BIFURCATION BY INDUSTRY June 30, 2023 Fiscal 2023 ( Amount in Rs. Lakhs) AGRO 528.53 915.64 COSMETICS 103.80 630.07 DYES 958.81 7,044.37 PHARMA 254.91 6.66 PIGMENT - 108.39 OTHERS 1032.81 1521.49 TOTAL 2,878.86 10,226.62 Fiscal 2022 Fiscal 2021 AGRO 1,478.56 360.95 COSMETICS 590.15 575.32 DY
Slide 10: Revenue Bifurcation by Geography
REVENUE BIFURCATION BY GEOGRAPHY ( Amount in Rs. Lakhs) June 30, 2023 Fiscal 2023 INDIA 1847.60 INDIA 6762.60 ASIA 956.37 ASIA 2776.49 EUROPE 75.10 EUROPE 319.68 NORTH AMERICA - NORTH AMERICA 367.85 TOTAL 2878.86 TOTAL 10226.62 Fiscal 2022 Fiscal 2021 INDIA 3812.20 INDIA 3111.73 ASIA 3404.55 ASIA 48
Slide 11: Established Manufacturing Capabilities
ESTABLISHED MANUFACTURING CAPABILITIES 7000 square meters state of the art manufacturing facility at Major Plant and Machinery installed Viramgam District, Ahmedabad, Gujarat. Boiler Machine (Steam & Thermic Heater) Pilot plant with 2 glass line assembly & 3 reactors for batch reaction Digital Weigh
Slide 12: Manufacturing Process
MANUFACTURING PROCESS CUSTOMER INQUIRY R&D ON THE QA/QC MANUFACTURING OF FINAL & RESPONSE PRODUCT ANALYSIS FINISHED GOODS INSPECTION DETAILED PROCESS CUSTOMER RAW MATERIAL PROPOSAL WITH SCOPE DISPATCH EVALUATION VALIDATION PROCUREMENT & DOCUMENTATION INSTALLED V/S PRODUCTION- CAPACITY COMPARISON Par
Slide 13: Environment, Sustainability & Safety Efforts
ENVIRONMENT, SUSTAINABILITY & SAFETY EFFORTS Membership of • Eco Care for Solid Waste Disposal Facility, • Novel Spent Acid Management for discharging 100 tons of acid per month • M/s A-One Green Enviro Project LLP for evaporation of effluent of 100 KL per day • Chhatral Environment Management Syste
Slide 14: Dedicated In-House R&D Facility
DEDICATED IN-HOUSE R&D FACILITY A Department of Scientific End to end support from the and Industrial Research initial conceptualization up to recognized facility commercialization of a product Team of 14 technocrats with Equipped with laboratories degrees such as Bachelor of engaged in development
Slide 15: New Product Development Pipeline
NEW PRODUCT DEVELOPMENT PIPELINE 2 New products under development Food Grade Folic Acid and HALQUINOL Food Grade Folic Acid, is a nutrient supplement for human and animal consumption. HALQUINOL is a veterinary antibiotic and feed additive • used to promote animal health and growth. • prevent and tre
Slide 16: Sales & Marketing Initiatives
SALES & MARKETING INITIATIVES In house Team to reach B2B Customers through Digital Marketing Participated in exhibitions like China Interdye Exhibition, Europe’s Chemspec exhibition & ChemExpo held in India Close coordination between Sales & R&D Team for product design & customized requirements Prom
Slide 17: Industry Memberships
INDUSTRY MEMBERSHIPS RECEIVED MEMBER OF ECO CARE MEMBERSHIP NOVEL SPENT ACID CERTIFICATE MANAGEMENT FOR FOR SOLID WASTE DISCHARGING 100 TONS OF DISPOSAL FACILITY. ACID PER MONTH. MEMBER OF MEMBER OF CHHATRAL M/S A-ONE GREEN ENVIRONMENT MANAGEMENT ENVIRO PROJECT LLP SYSTEM PRIVATE LIMITED FOR EVAPORA
Slide 18: Key Events and Milestones
KEY EVENTS AND MILESTONES 2022 Conversion of the Company from Private Limited to 2004 2020 Public Limited. Originally started Received ISO business of manufacture and 45001:2018 2022 sale of chemicals Received as a partnership 2018 SA 8000 2023 firm “M/s Incorporation certification. Land Acquired fo
Slide 19: Quality Certifications
QUALITY CERTIFICATIONS Sr. No. Description Registration/ Nature of Issuing Date of Date of License No. Registration Authority Issue Expiry 1 ISO 9001:2015 IND/QMS/NA Quality Management Integrated Nov. 03, Nov. 02 B- C0115B/RC3/2 284 System for the following Quality 2022 2025 scope of activities: Cer
Slide 20: Intellectual Property
INTELLECTUAL PROPERTY Sr. No. Name Applied Nature Application Date Application Number Class Present Status 1. Trademark June 27, 2022 5506051 1 Opposed 2. Trademark June 27, 2022 5506052 35 Opposed 3. Energising Wordmark August 29, 2023 9170204 1 Applied Chemistry 4. Energising Wordmark August 29, 2
Slide 21: Competitive Strengths
COMPETITIVE STRENGTHS Long standing relationships with diversified customers Wide range of products with In-house across geographies ability to customize. manufacturing • Customers from • Focused on intermediates pharmaceuticals, facility with Focus on R&D to involving complex and Agrochemicals & eq
Slide 22: Competitive Strengths
COMPETITIVE STRENGTHS Focus on Quality, Environment, Health Experienced promoters & & Safety. senior management team • Accredited with with extensive domain certification as Strong & knowledge • ISO 9001:2015 consistent • Promoter experience • ISO 14001:2015 financial enabling to capture • ISO 45001
Slide 23: Leadership with Rich Industry Experience
LEADERSHIP WITH RICH INDUSTRY EXPERIENCE Vallabh Ratanji Savalia Whole Time Director Age - 60 years Rutesh V. Savalia Kishorkumar Panchabhai Patolia Education - B.E in Chemical Director Whole Time Director Engineering Age - 32 years Age - 54 years Profile - Production, Education - Ph. D in organic E
Slide 24: Industry Overview
INDUSTRY OVERVIEW • Chemical industry expected to grow at Chemical Industry Market Size (US$ Billion) Key Growth Drivers in Industries 9.3% & contribute US$ 300 billion to • Paints & coatings: urbanization, India’s GDP by 2025. FY19 178.0 increase in middle-income • In FY22, India's dye exports tota
Slide 25: Chemical Market Is Split into Five Key Segments
CHEMICAL’S MARKET IS SPLIT INTO FIVE KEY SEGMENTS Bulk Chemicals Petrochemicals & Fertilisers Speciality Chemicals Agro Chemicals These are groups Polymers These provide nutrients These are derivatives of These chemicals are used of chemicals, These chemicals for plant growth: are basic chemicals th
Slide 26: Business Growth Strategies
BUSINESS GROWTH STRATEGIES Continue to focus on Capitalize on upward Continue to Continue to manufacturing by trend of chemical reduce operating strengthen presence expanding our industry and costs & improve in India and expand product portfolio and government policy operational our sales and proces
Slide 27: Key Financial Performance
KEY FINANCIAL PERFORMANCE ( Amount in Rs. Lakhs) Revenue from Operations EBITDA EBITDA MARGIN FY 2020-21 8325.55 FY 2020-21 615.70 FY 2020-21 7.40% FY 2021-22 8282.94 FY 2021-22 560.37 FY 2021-22 6.77% FY 2022-23 10226.62 FY 2022-23 1277.13 FY 2022-23 12.49% PAT PAT Margin Net Worth FY 2020-21 439.7
Slide 28: Statement of Profit & Loss
STATEMENT OF PROFIT & LOSS Statement Of Unaudited Financial Results For The Half Year Ended On 30th September 2023 ( Amount in Rs. Lakhs) ( Amount in Rs. Lakhs) 6 Months Ended Year Ended 6 Months Ended Year Ended 30/09/23 31/03/23 30/09/22 31/03/23 30/09/23 31/03/23 30/09/22 31/03/23 Particulars Par
Slide 29: Unaudited Statement of Assets & Liabilities as on 30th September 2023
UNAUDITED STATEMENT OF ASSETS & LIABLITIES AS ON 30TH SEPTEMBER 2023 ( Amount in Rs. Lakhs) Unaudited Audited Particulars As on As at 30/09/23 31/03/23 A) EQUITY AND LIABILITIES Shareholders' Funds A) SHARE CAPITAL 1,440.00 360.00 B) RESERVES AND SURPLUS 1,386.45 1,867.45 C) MONEY RECEIVED AGAINST S
Slide 30: Unaudited Statement of Assets & Liabilities as on 30th September 2023
UNAUDITED STATEMENT OF ASSETS & LIABLITIES AS ON 30TH SEPTEMBER 2023 ( Amount in Rs. Lakhs) Unaudited Audited Particulars As on As on 30/09/23 31/03/23 B) Assets 1 Non-current Assets A) PROPERTY, PLANT AND EQUIPMENTS & INTANGIBLE ASSETS 996.78 937.78 B) NON -CURRENT INVESTMENTS 0.05 0.05 C) DEFERRED
Slide 31: Contact Details
Corporate Office Factory 1001/1, Parshwa Tower, Viramgam, Gujarat, India Nr. Pakwan-ll, S.G. Highway, Bodakdev, Email :pfscl@paragonind.com Ahmedabad-54, Gujarat – India. Phone :+91-79-3533 5483 D I S C L A I M E R This presentation or any other documentation or information (or any part thereof ) de
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