Gujarat State Fertilizers & Chemicals Limited · NSE:GSFC
Gujarat State Fertilizers & Chemicals — Q4 FY2023-24 Earnings Presentation
13 slides from Gujarat State Fertilizers & Chemicals's earnings presentation, 2024
Slide 1: Gujarat State Fertilizers and Chemicals Limited
Gujarat State Fertilizers and Chemicals Limited Investor Presentation – Q4 FY 2023-24
Slide 2: Cautionary Note - Forward Looking Statement
Cautionary Note - Forward Looking Statement This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties that could cause actual results to differ mate
Slide 3: Share Price Movement
Share Price Movement SENSEX GSFC Linear (SENSEX) Linear (GSFC) 250 203 200 165 145 150 138 122 125 110 112 100 100 100 50 0 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 GSFC Investors Presentation Q4 FY 23-24 2 of 11
Slide 4: Financial Performance
Financial Performance Rs Crores FY 23-24 FY 22-23 Particulars FY 23-24 FY 22-23 Q4 Q3 Q4 Operating Revenue 1,216 1,222 1,272 5,399 5,488 Subsidy Income 724 722 1,138 3,533 5,810 Other Income 52 81 26 376 146 Total Income 1,992 2,024 2,437 9,308 11,445 Operating EBIDTA @ 25 104 342 482 1,617 PBT 23 1
Slide 5: Volume Performance - Quarterly
Volume Performance - Quarterly Q-4 2023-24 Q-4 2022-23 Q-3 2023-24 Product Production Gross Sales Production Gross Sales Production Gross Sales Qty.-MT Qty.-MT Qty.-MT Qty.-MT Qty.-MT Qty.-MT MANUFACTURED PRODUCTS UREA 97830 101262 86490 82463 104360 104014 A. S. 94735 87202 109180 109026 94035 9975
Slide 6: Volume Performance - Annual
Volume Performance - Annual FY 2022-23 FY 2023-24 Product Producti on Gross Sales Pr oducti on Gross Sa les Qty.-MT Qty.-MT Qty.-MT Qty.-MT MANUFACTURED PRODUCTS UREA 371102 370134 377410 383534 A. S. 500246 475917 395235 402892 A.S.P. 300380 279885 325980 327284 N.P.K. 20550 20579 69600 69126 DAP 1
Slide 7: Balance Sheet Summary
Balance Sheet Summary Particulars 31-Mar-23 31-Mar-24 Variance *includes Property, plant & PPE * 2,773 2,779 0% equipment, Intangible assets, Investment 5,279 5,956 13% capital work in progress and Right of use assets Other Non Current Assets 427 550 29% High Cash Reserves and solid Cash,Bank and Sh
Slide 8: Cash Flow Summary
Cash Flow Summary Rs Crores Particulars FY 22-23 FY 23-24 Profit before Tax 1,568 664 Operating Cash flow before Working Capital Changes 1,652 522 Net Change in Working Capital (258) (639) Taxes Paid (465) (155) A Net Cash from Operating Activities 929 (272) B Net Cash (used in) Investing Activities
Slide 9: Capro-Benzene Spread
Capro-Benzene Spread CAPRO BENZENE SPREAD (US$ per MT) $740 $730 $674 $695 $673 $936 $965 $972 $980 $872 $1,676 $1,695 $1,545 $1,646 $1,675 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 GSFC Investors Presentation Q4 FY 23-24 8 of 11
Slide 10: Key Input Cost Movement
Key Input Cost Movement Imported P2o5 Ammonia Natural Gas Benzene ('000 Rs/MT) ('000 Rs/MT) (Rs/SM3) ('000 Rs/MT) 99 86 85 82 81 77 80 80 74 75 71 45 44 47 46 45 43 43 38 24 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 GSFC Investors Presentation Q4 FY 23-24 9 of 11
Slide 11: Share Holding Pattern as on 31.03.2024
Share Holding Pattern as on 31.03.2024 Public Promoters Shareholders 38% 43% FII 14% DII 5% As on Change Particulars 31-12-23 31-03-24 Promotors (GSIL) 37.84% 37.84% 0.00% Foreign Institutional/Portfolio Investment (FII/FPI) 19.81% 14.12% -5.69% Domestic Institutional Investment (DII) & Others 3.67%
Slide 12: Expansion Plan on Track
Expansion Plan on Track Ongoing Projects FY23-24 FY24-25 FY25-26 FY26-27 FY27-28 HX Crystal Project 6.6 KTPA 15 MW Solar Power Project at 15 MW(AC) Charanka Urea-II Revamping Project Energy Reduction Sulphuric Acid (SA-V) Project 198 KTPA Participation in GIPCL’S 75 MW 37.5 MW(AC) Solar Power Projec
Slide 13: THANK YOU
THANK YOU
Gujarat State Fertilizers & Chemicals — Q4 FY2023-24 Earnings Presentation on 6ix