Chemplast Sanmar Limited · NSE:CHEMPLASTS
Chemplast Sanmar — Q4 FY2025 Earnings Presentation
38 slides from Chemplast Sanmar's earnings presentation, May 13, 2025
Slide 1: Investor Presentation filing letter to BSE and NSE
13th May, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Mumbai – 400 050 Scrip Code - 543336 Scrip Symbol - CHEMPLASTS Subject: Investor Presentation Please find enclosed a copy of Investor Pre
Slide 2: Chemplast Sanmar Ltd. Investor Presentation – Q4 & FY ’25
Chemplast Sanmar Ltd. Investor Presentation – Q4 & FY ’25
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the ‘Presentation’), which have been prepared by Chemplast Sanmar Ltd. (the ‘Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Performance Highlights
Performance Highlights CC
Slide 5: Performance Highlights: Q4 & FY ’25
Performance Highlights: Q4 & FY ’25 Key Highlights Revenues EBITDA PAT Margin Rs. Cr • Total revenue grew by 10% & 11% for Q4 & FY ‘25, largely driven by ramp-up of 2% 3% 3% Specialty Chemicals facilities at Cuddalore & Berigai 37 PVC (both Suspension and Paste) 1,151 32 1,051 1,058 Q4 FY ‘24 Q3 FY
Slide 6: MD’s Message
MD’s Message “During FY ‘25, the company has improved its performance as compared to FY ‘24 with sales increasing by 11% from Rs. 3,923 crores in FY ‘24 to Rs 4,346 crores in FY ‘25, led by production ramp-up of new Specialty Chemicals capacities at Cuddalore & Berigai, Tamil Nadu. The EBITDA improv
Slide 7: Segmental Highlights - Quarterly
Segmental Highlights - Quarterly Rs. Cr Specialty Chemicals^ Value - Added Chemicals# Suspension PVC Consolidated* Revenue Break-up 1,151 1,051 1,058 604 556 170 575 434 152 397 119 537 Q4 FY '24 Q3 FY '25 Q4 FY '25 Q4 FY '24 Q3 FY '25 Q4 FY '25 Q4 FY '24 Q3 FY '25 Q4 FY '25 Q4 FY '24 Q3 FY '25 Q4 F
Slide 8: Segmental Highlights – Yearly
Segmental Highlights – Yearly Rs. Cr Specialty Chemicals^ Value -added Chemicals# Suspension PVC Consolidated* Revenue Break-up 4,346 3,923 2,448 2,298 1,764 1,152 504 624 FY '24 FY '25 FY '24 FY '25 FY '24 FY '25 FY '24 FY '25 mt 5,66,556 5,38,545 Sales Volume 3,25,641 2,99,884 1,68,333 98,339 1,41
Slide 9: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account Rs. Cr Particulars Q4 FY ’25 Q4 FY ’24 Y-o-Y Q3 FY ’25 Q-o-Q FY ’25 FY ’24 Y-o-Y Revenue from Operations 1,151 1,051 10% 1,058 9% 4,346 3,923 11% Cost of Goods Sold 761 724 683 2,753 2,708 Employee Cost 68 51 67 259 170 Other Expenses 285 255 276 1,115 1,019 EBITDA
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet Rs. Cr Assets Mar ’25 Mar ’24 Equity And Liabilities Mar ’25 Mar ’24 Non-Current Assets Equity a) Property, Plant And Equipment 4,405 3,846 a) Equity Share Capital 79 79 b) Capital Work in Progress 137 190 b) Other Equity 1,955 1,587 c) Instruments entirely equity in natur
Slide 11: Consolidated Cashflow Statement
Consolidated Cashflow Statement Rs. Cr Particulars Mar ’25 Mar ’24 Net Profit Before Tax (169) (226) Adjustments for: Non-Cash Items / Other Investment or Financial Items 395 247 Operating profit before working capital changes 226 22 Changes in working capital (81) (247) Cash generated from Operatio
Slide 12: Stand-alone Profit & Loss Account
Stand-alone Profit & Loss Account Rs. Cr Particulars Q4 FY ’25 Q4 FY ’24 Y-o-Y Q3 FY ’25 Q-o-Q FY ’25 FY ’24 Y-o-Y Revenue from Operations 726 516 41% 586 24% 2,388 1,656 44% Cost of Goods Sold 417 307 307 1,234 848 Employee Cost 53 37 47 184 118 Other Expenses 228 188 217 868 748 EBITDA 28 (16) n.a
Slide 13: Stand-alone Balance Sheet
Stand-alone Balance Sheet Rs. Cr Assets Mar ’25 Mar ’24 Equity And Liabilities Mar ’25 Mar ’24 Non-Current Assets Equity a) Property, Plant And Equipment 3,461 2,918 a) Equity Share Capital 79 79 b) Capital Work in Progress 136 186 b) Other Equity 4,118 3,761 c) Instruments entirely equity in nature
Slide 14: Stand-alone Cashflow Statement
Stand-alone Cashflow Statement Rs. Cr Particulars Mar ’25 Mar ’24 Net Profit Before Tax (112) (156) Adjustments for: Non Cash Items / Other Investment or Financial Items 222 96 Operating profit before working capital changes 110 (60) Changes in working capital 107 (29) Cash generated from Operations
Slide 15: Company Overview
Company Overview CC
Slide 16: Chemplast Sanmar: Leading Chemical Manufacturer in India
Chemplast Sanmar: Leading Chemical Manufacturer in India… 4 Manufacturing Experienced management #1 Leading #1 sites with a high degree of team with deep domain expertise manufacturer manufacturer of backward integration (2) player in of Specialty Custom S-PVC in Paste PVC Manufactured South India &
Slide 17: … with a Diversified Product Portfolio
… with a Diversified Product Portfolio Chemplast Sanmar CCVL (2) Specialty Chemicals(1) Value-added Chemicals Suspension PVC Specialty Paste PVC Custom Caustic Soda Hydrogen Chloromethanes resin Manufacturing peroxide Irrigation Auto and Paper Textiles End-user Footwear Furniture Pharma Agrochemical
Slide 18: The Sanmar Advantage: Specialty Paste PVC
1. Specialty Paste PVC Part of Specialty chemical division of Chemplast Sanmar. Largest manufacturer of Specialty Paste PVC resin in India • Manufactured at Mettur facility since 1968; 41 ktpa one-step process capacity added at Cuddalore in Q4-FY ‘24 CSL is the oldest player and one of only two comp
Slide 19: The Sanmar Advantage: Custom Manufactured Chemicals
2. Custom Manufactured Chemicals Part of specialty chemicals division of Chemplast Sanmar; growing Renowned for our Sustainability, Environmental and Safety rapidly on the back of 15 years of long-standing client relationships stewardship • Quality manufacturing at Berigai facility in a safe and sus
Slide 20: Expanding Horizon in Fluorine Chemistry and Refrigerant Science
3. Expanding Horizon in Fluorine Chemistry and Refrigerant Science - logical extension from R22 Rationale Greenfield Expansion of Expertise in R22 Fluorination Chemistry Growing market R32 Commenced Refrigerant Gas operations in October 1988 at Mettur, Tamil Nadu, manufactures hydrochlorofluorocarbo
Slide 21: The Sanmar Advantage: Caustic Soda, Hydrogen Peroxide, Chloromethanes
4. Caustic Soda | Hydrogen Peroxide | Chloromethanes Part of Value-added chemicals division of Chemplast Sanmar; these complete the integration story of the company • Generated as a joint product in the process of manufacture of Capacity chlorine Fully integrated operations resulting in The Sanmar A
Slide 22: The Sanmar Advantage: Suspension PVC
5. Suspension PVC (1) Largest manufacturer of S-PVC in South India Strong customer relationships with a diversified dealer/ and second largest in India customer network • Manufactured at Cuddalore facility since 2009; 331 ktpa capacity The Sanmar Advantage • This facility has a captive import termin
Slide 23: Key Strengths
Key Strengths
Slide 24: Key Strengths
Key Strengths ‣ Over five decades track record ‣ State-of-the-art manufacturing units at strategic locations ‣ Significant expansion projects – Speciality chemicals Chemplast Sanmar Limited ‣ High growth industry ‣ Strong focus on sustainability ‣ Committed leadership team with eminent board 23
Slide 25: Over five decades track record
1. Over five decades track record Commencement of Expansion of Marine terminal Capacity expansion: CCVL became a wholly Commissioned Phase 1 Construction Work manufacturing of production capacity facility and EDC Paste PVC to 66,000 owned subsidiary of our of Custom of Phase 3 PVC resins at of PVC r
Slide 26: State-of-the-art Manufacturing Units
2. State-of-the-art Manufacturing Units… 01 Mettur, Tamil Nadu • The site consist of 4 plants with high degree of integration • Paste PVC – 66 ktpa • Zero liquid discharge facility • Hydrogen Peroxide – 34 ktpa • Sourcing of power from a captive power plant of 48.5 MW • Chloromethanes – 35 ktpa • Re
Slide 27: … with a High Degree of Backward Integration
… with a High Degree of Backward Integration Mettur Plant Externally Procured Hydrogen Hydrogen By Product Peroxide 34kt Product Sold Caustic Imported Coal Methanol Soda EDC Power Plant Ref. Electrolysis Gases Paste PVC 48.5 MW VCM 70 kt 66 kt Chloromethanes Chlorine HCl HCl 35 kt Salt 400kt (Vedara
Slide 28: Significant expansion projects – Speciality chemicals
3. Significant expansion projects – Speciality chemicals 5,410 mtpa 910 Steady state mtpa 1432 Phase mtpa 3 2,000 Phase Project 1,068 mtpa 2 initiated mtpa Phase Commissioned Starting 1 point (Dec’24) (2021) Commissioned (Sep ’23) Custom • Commissioned Phase 1 of new multi-purpose production block (
Slide 29: High Growth Industry…
4. High Growth Industry… Products Specialty Paste PVC Suspension PVC Custom Manufactured Chemicals • India heavily import dependent • India set to outpace global Agro-CMC • India heavily import dependent • Demand growing at a fair clip market - AIs and advanced Key • Enough headroom to grow – no cap
Slide 30: … with CSL’s unique position to capitalize on it
… with CSL’s unique position to capitalize on it Technology not Leverage Existing Infra available on License Owns vacant industrial land and 01 other infrastructure for future leg of Paste PVC manufacturing technology is closely expansion guarded and is not readily available on license 02 High Safet
Slide 31: Strong Focus on Sustainability…
5. Strong Focus on Sustainability… Environment • Harmonious relationship with Friendly Practices Health & Safety Measures neighboring communities • Zero liquid discharge policy • Transport safety - Installation of • Desalination plants at coastal speed control & safety systems • Receive enquiries fr
Slide 32: … with various awards & recognitions
… with various awards & recognitions Accreditations Key Awards Sword of Sword of Honor Honor British Safety ECOVADIS SILVER Star Award from British Safety Council MEDAL National Safety Council Council 2021, 2020, Mettur Safety Safety Cuddalore Plant 2 One of the two winners of the ‘Sustainability FI
Slide 33: Committed Leadership Team With Eminent Board
6. Committed Leadership Team With Eminent Board Dr. Krishna Kumar Vijay Sankar Ramkumar Shankar Rangachari N Muralidharan Chairman & Managing Director Managing Director - Chief Financial Officer Non Executive Director Custom Manufactured Chemicals Division Aditya Jain Dr. Lakshmi Vijayakumar Indepen
Slide 34: Historical Financials
Historical Financials Po
Slide 35: Historical Segmental Highlights
Historical Segmental Highlights Rs. Cr Value-added Speciality Chemicals^ Suspension PVC Total* Chemicals# Revenue Break-up 1,764 5,892 4,941 1,378 3,883 4,346 1,310 1,152 3,799 3,923 3,000 937 819 2,511 2,448 702 2,298 624 504 352 FY '21 FY '22 FY '23 FY '24 FY '25 FY '21 FY '22 FY '23 FY '24 FY '25
Slide 36: Performance Trend
Performance Trend Revenue EBITDA Rs. Cr 22% 20% 9% 1% 5% Margin 5,892 1,197 4,941 4,346 855 3,799 3,923 468 219 26 FY '21 FY '22 FY '23 FY '24 FY '25 FY '21 FY '22 FY '23 FY '24 FY '25 PAT Net Debt 8% 11% 3% -4% -3% 649 310++ 1459 152 1,117 741 -158 -110 -362 -184 FY '21 FY '22 FY '23 FY '24 FY '25
Slide 37: Way forward
Way forward The Company expects margins to improve and Speciality Paste 1 sustain over the medium to long term driven by PVC the tightness in global demand supply The margins are likely to improve and sustain Suspension over the medium to long term given the global 4 imbalance with demand growth exp
Slide 38: Thank You!
Thank You! Company Chemplast Sanmar Ltd. CIN- L24230TN1985PLC011637 Harish Sridhar - Investor Relations grd@sanmargoup.com www.chemplastsanmar.com Investor relations advisor Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Shikha Puri / Shrikant Sangani shikha.puri@sgapl.net/ shrikant