Slide 1: Q4 & FY22 Results Presentation
Q4 & FY22 Results Presentation RESPONSIBLE CHEMISTRY 04 May, 2022
Slide 2: Contents
Contents RESPONSIBLE CHEMISTRY Company Overview 3 Q4 & FY22 Results & Updates 5 Key Developments 9 Performance of Strategic Business Units 11 Annexures 17 2
Slide 3: Deepak: Overview – Leading Chemical Intermediates player
Deepak: Overview – Leading Chemical Intermediates player RESPONSIBLE CHEMISTRY Company Overview 30+ 56+ 1,000+ Products Applications Customers Deepak Nitrite (DNL) is one of the fastest growing and Company trusted chemicalOverview intermediates company in India with a diversified portfolio of produc
Slide 4: Company overview: Successful and proven track record
Company overview: Successful and proven track record RESPONSIBLE CHEMISTRY Seizing the opportunity Excellence in execution Value creation Showed marked improvement across Sustained increase in return ratios, Consistently rewarded various parameters with debt levels at all-time low shareholders Marke
Slide 5: Performance highlights – FY22 result updates
Performance highlights – FY22 result updates RESPONSIBLE CHEMISTRY Consolidated – FY22 vs FY21 Key numbers – Consolidated 56% 30% 24% 21% INR 6,845 crore INR 1,646 crore EBITDA Margin for FY22 EBIT Margin for FY22 Revenues EBITDA 78 : 22 0.00x Domestic : Exports Revenue Consol. Net D/E Ratio for FY2
Slide 6: Performance overview
Performance overview RESPONSIBLE CHEMISTRY ➢ In FY22, reported highest ever Revenue, EBITDA and PAT in the Company’s history, despite a challenging operating environment that was marked by rising prices of key raw materials and other utilities, constraints in logistics and material movement as well
Slide 7: Q4 FY22 – Financial Highlights
Q4 FY22 – Financial Highlights RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) EBITDA (Rs. Cr.) PAT (Rs. Cr.) 1,876 1,748 1,469 461 290 267 Y-o-Y 414 Y-o-Y 242 Y-o-Y 28% 378 10% 8% Q-o-Q Q-o-Q Q-o-Q 7% 10% 10% Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 ➢ Strong perform
Slide 8: FY22 – Financial Highlights
FY22 – Financial Highlights RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) EBITDA (Rs. Cr.) PAT (Rs. Cr.) 1,067 1,646 6,845 1,269 776 4,381 FY21 FY22 FY21 FY22 FY21 FY22 ➢ Combination of high utilisation and ➢ The Company has faced ➢ In addition to strong operational focused pricing have enabled DNL to unp
Slide 9: Key developments
Key developments RESPONSIBLE CHEMISTRY ➢ DNL received redemption proceeds of Rs. 230 crore during the quarter from its OCPS with DPL. Aggregate proceeds received during FY22 stand at Rs. 280 crore which redeem the OCPS fully ➢ DNL has achieved RoCE of over 30% (standalone) for over 10 consecutive qu
Slide 10: CMD Message
CMD Message RESPONSIBLE CHEMISTRY “Our FY22 performance encapsulates the heightened resilience and agility in our Business Model as we have scaled new benchmarks in revenues and profitability during the year. This was achieved in the backdrop of sharp inflation in operating costs, higher input price
Slide 11: Basic Intermediates (BI)
Basic Intermediates (BI) RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) EBITDA (Rs. Cr.) 1,261 338 760 222 FY21 FY22 FY21 FY22 Key Highlights ➢ The Company undertook de-bottlenecking and capacity augmentation in key products in the BI segment, which has enabled it to increase volumes towards the second hal
Slide 12: Fine & Specialty Chemicals (FSC)
Fine & Specialty Chemicals (FSC) RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) EBITDA (Rs. Cr.) 846 351 279 767 FY21 FY22 FY21 FY22 Key Highlights ➢ Prices of Finished Products were abnormally higher during the prior year which have normalised during FY22. Owing to nature of the business, the Company has
Slide 13: Performance Products (PP)
Performance Products (PP) RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) EBITDA (Rs. Cr.) 529 117 304 38 FY21 FY22 FY21 FY22 Key Highlights ➢ Demand trends for key products have significantly improved during the year, resulting in sharp rise in volume accompanied by improved sales realization ➢ Combination
Slide 14: Phenolics
Phenolics RESPONSIBLE CHEMISTRY Revenue (Rs. Cr.) EBITDA (Rs. Cr.) 4,291 973 2,560 719 FY21 FY22 FY21 FY22 Key Highlights ➢ All key products in the segment, viz. Phenol, Acetone and IPA experienced attractive realisation rates though FY22 ➢ Commendable EBITDA performance was achieved despite sharp i
Slide 15: Update on Projects
Update on Projects RESPONSIBLE CHEMISTRY Key updates ➢ DPL has commissioned its captive power plant during the quarter. This is expected to lead to production efficiencies due to assured and consistent power supply ➢ Projects approved by the Board aggregating to Rs. 1,500 crore are being implemented
Slide 16: Outlook
Outlook RESPONSIBLE CHEMISTRY ✓ The Company’s project commitments are driven by getting: ▪ Value-added products of Phenol and Acetone ▪ Adding new chemistry platforms ▪ Investing into upstream integration projects to improve margins ✓ A well-capitalized balance sheet & past track record of executing
Slide 17: Consolidated P&L Statement
Consolidated P&L Statement RESPONSIBLE CHEMISTRY Particulars (Rs. crore) Q4FY22 Q4 FY21 Y-o-Y (%) FY22 FY21 Y-o-Y (%) Revenue 1,872 1,463 28% 6,802 4,360 56% Other Income 4 6 -33% 43 22 95% Total Revenue 1,876 1,469 28% 6,845 4,381 56% Total Expenditure 5,198 3,112 67% • Raw Material expenses 1,187
Slide 18: Consolidated Balance Sheet
Consolidated Balance Sheet RESPONSIBLE CHEMISTRY As on March 31, As on Sept 30, As on March 31, Particulars (Rs. crore) 2022 2021 2021 Assets Non-Current Assets 2,146 2,110 2,108 Current Assets 2,285 1,768 1,452 Total Assets 4,430 3,877 3,560 Liabilities Shareholders’ Funds 3,338 2,828 2,347 Non-Cur
Slide 19: Consolidated Segmental Financials – Revenue
Consolidated Segmental Financials – Revenue RESPONSIBLE CHEMISTRY Particulars (Rs. crore) Q4 FY22 Q4 FY21 Y-o-Y (%) FY22 FY21 Y-o-Y (%) Basic Intermediates 399 245 63% 1,261 760 66% Fine & Speciality Chemicals 235 206 14% 846 767 10% Performance Products 161 87 86% 529 304 74% Phenolics 1,122 938 20
Slide 20: Consolidated Segmental Financials – EBITDA & Margin
Consolidated Segmental Financials – EBITDA & Margin RESPONSIBLE CHEMISTRY Particulars (Rs. crore) Q4 FY22 Q4 FY21 Y-o-Y (%) FY22 FY21 Y-o-Y (%) EBITDA Basic Intermediates 103 81 27% 338 222 52% Fine & Speciality Chemicals 83 85 -3% 279 351 -20% Performance Products 45 7 570% 117 38 206% Phenolics 20
Slide 21: About Us & Contact Details
About Us & Contact Details RESPONSIBLE CHEMISTRY Deepak Nitrite Limited (NSE: DEEPAKNTR, BSE: 506401) is one of the For further information, please contact: leading chemical intermediates with diversified portfolio that caters to the dyes and pigments, agrochemical, pharmaceutical, plastics, textile
Slide 22: Disclaimer
RESPONSIBLE CHEMISTRY This presentation contains forward-looking statements that involve risks and uncertainties. When used in this presentation, the words ‘anticipate,’ ‘belief,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘will’ and other similar expressions as they relate to the Company and its Businesses ar
Slide 23: Thank You
Thank You RESPONSIBLE CHEMISTRY