Nimir Resins Ltd. · PSX:NRSL
Nimir Resins — Corporate Update (December 2024)
15 slides from Nimir Resins's corporate update, Dec 9, 2024
Slide 1: Nimir Resins Limited Corporate Briefing Session
NIMIR RESINS LIMITED Corporate Briefing Session Date: 09th December 2024
Slide 2: Company Information
COMPANY INFORMATION • Incorporated in 1964 (Listed on PSX Since 1991) • Company Symbol: NRSL: Name again changed Converted into Name changed to Descon to Nimir Resins Incorporation as private Public Limited chemicals Ltd when Limited when company Company as Nimir merged with Descon acquired by Nimir
Slide 3: Location – Nimir Resins Limited
Location – Nimir Resins Limited Factory / Registered Office 14.5 KM, Lahore- Sheikhupura Road, Lahore – Head Office: Pakistan. (Driving time 30 mins from Lahore city) 122 - B Muslim Town, Noon Avenue, Lahore.
Slide 4: Core Business at a Glance
NIMIR CORE BUSINESS AT A GLANCE One of the Leading & Oldest manufacturer of Resins, Emulsions & Additives for the Coatings industry. Range include following products. All types of Alkyd Resins & Modified Alkyds for Decorative, Refinish & OEM Paints. Amino Resins, Saturated Polyesters, Epoxy ester &
Slide 5: Core Business at a Glance
NIMIR CORE BUSINESS AT A GLANCE Complete range of specialty chemicals for pre-treatment and finishing for textile industry including. Textile Auxiliaries Optical Brighteners Binders and PVAs PVAs for finishing Binders for non-woven & woven interlining Textile Chemicals / Auxilia Manufacturing all si
Slide 6: Compliance and Certifications
COMPLIANCE AND CERTIFICATIONS NRSL is a Good Manufacturing Practices (GMP) compliant company. ISO 9001: 2015
Slide 7: Our Major Clients
NIMIR OUR MAJOR CIENTS RESPONSIBLE Packaging AkzoNobel §,/” oN BERGER’ mdavlier Trusted Worldwide PAINTS CENTURY PAPER & BOARD MILLS LIMITED GOBIS KANSAI =) PREMIER i \ . Ra! ina Diamond | RUDOLF Brighto Paints NIPPON PAINT G R i (|) P a Inspired by Nature = BETTER CHEMISTRY
Slide 8: Key Operating & Financial Data for Last Six Years
Key Operating & Financial Data for Last Six Years
Slide 9: Financial Performance
FINANCIAL PERFORMANCE Gross Turnover PKR in million 12,000 11,063 10,176 9,753 10,000 8,000 7,405 6,000 5,424 5,298 4,000 2,000 - 2019 2020 2021 2022 2023 2024 Profitability 1,200 PKR in million EBITDA 1,044 1,000 887 981 670 800 602 576 Profit 600 415 502 before tax 375 400 434 154 187 359 367 386
Slide 10: Financial Performance
FINANCIAL PERFORMANCE Current Ratio Current Liabilities Current Assets Current Ratio 6,000 2.00 1.77 5,167 1.80 5,000 1.44 4,745 1.56 1.71 1.60 1.34 4,154 1.40 4,000 1.45 3,175 3,271 1.20 3,016 3,000 2,515 2,532 1.00 2,341 1,870 2,032 0.80 2,000 1,758 0.60 0.40 1,000 0.20 - - 2019 2020 2021 2022 202
Slide 11: Financial Performance: Wealth Generated and Distributed
FINANCIAL PERFORMANCE WEALTH GENERATED AND DISTRIBUTED FOR THE YEAR 2024 2024 Finance cost Wealth Rs million %age Employees 3.7% retained 3.5% 2.7% Wealth Generated Sales with sales Tax 10,176 99.5% Other operating profit 46 0.5% 10,222 100.0% Duties & taxes 19.4% Distribution of Wealth Year 2023-24
Slide 12: Restructuring of the Nimir Group
Restructuring of the Nimir Group Restructuring of the Nimir Group: ➢ A Scheme of Arrangement, filed with the Honorable Lahore High Court for approval in September 2023, was granted in January 2024. All statutory requirements related to this matter have been duly fulfilled. ➢ Resultantly • The immedi
Slide 13: Future Outlook
Future Outlook Business Outlook: ➢ The new fiscal year, which began on July 1, 2024, brought some hope for economic recovery, driven by easing inflation, decreasing interest rates, and the potential for an IMF bailout package. ➢ All though domestic demand across sectors such as paint, textiles, and
Slide 14: CSR & ESG
CSR & ESG Corporate Social Responsibilities ➢ The Company recognizes its social responsibilities as a key member of the community. It is committed to contribute its resources for the betterment of the environment. Its Health, Safety, and environmental (HSE) policies are geared towards the betterment
Slide 15: Thank You
Thank You