Gujarat Narmada Valley Fertilizers & Chemicals Ltd. · NSE:GNFC
Gujarat Narmada Valley Fertilizers & Chemicals — Q2 FY2023-24 Earnings Presentation
18 slides from Gujarat Narmada Valley Fertilizers & Chemicals's earnings presentation, Nov 8, 2023
Slide 1: Cover letter to stock exchanges on investor presentation
Gujarat Narmada Valley ND G oe Vo Fertilizers & Chemicals Limited GNFC “wR zg os Amit Mahotsay CIN : L24110GJ1976PLC0O02903 An ISO 9001, ISO 14001, ISO 45001 & ISO 50001 Certified Company P.O. Narmadanagar - 392015, Dist. Bharuch, Gujarat, India Ph. (02642) 247001, 247002 Website : www.gnfc.in NO. S
Slide 2: Investor Presentation - Conference Call - Q2 FY 23-24
Gujarat Narmada Valley Fertilizers & Chemicals Ltd INVESTOR PRESENTATION - CONFERENCE CALL - Q2 FY 23-24 November - 2023 \ munication ( '‘SOoOmpuis » BE ea
Slide 3: Cautionary Note - Forward Looking Statement
Cautionary Note - Forward Looking Statement v" Only matters in the public domain can be subject matter of discussion in this meeting. v' As a matter of policy, we do not provide any forecast about the future business situation. v" We do not comment or give guidance on future results or business outl
Slide 4: Strengths
Strengths Multi-product basket which helps to Robust manufacturing technologies; keep financial stability absorbed and adopted from technology experts worldwide Record capacity utilization in all plants Consistent profit since inception PAN India distribution network Strong technical team with deep
Slide 5: Key Business Updates
Key Business Updates Fertilizers: * Nutrient based subsidy (NBS) rates are announced for Rabi. Effectively down by ~33% in case of GNFC * |mproved receipt of subsidy keeping subsidy level down thereby generating better operating cash flow = Government is actively working on policy for urea industrie
Slide 6: From The Desk of Managing Director
From The Desk of Managing Director Managing Director During Q-2 FY 23-24, company has commenced operation of its brownfield CNA-IV with annual production capacity of 50,000 MT. While Q-2 physical and financial performance is better as compared to Q-1, both are really not comparable in view of shutdo
Slide 7: Financial Performance
Financial Performance (X Crores) FY 23-24 FY 22-23 FY 23-24 | FY 22-23 | Change Particulars There was annual planned Q2 Ql Q2 H1 Y-0-Y maintenance shutdown during H-1 FY Operating Revenue 2,080 1,652 2,587 3,732 5,283 (29%) 23-24 resulting into lower volume affecting revenue apart from decrease in s
Slide 8: Segment Performance
Segment Performance SEGMENT REVENUE SEGMENT RESULT 3,000 300 200 2,000 100 1,000 i 520 ~ . § (100) FY 23-24 FY 23-24 FY 22-23 FY 23-24 FY 23-24 FY 22-23 Fertilizers Chemicals Others Fertilizers Chemicals Others Q-2 Vs Q-1: Fertilizer segment result continue to negative mainly due to low subsidy of c
Slide 9: Segment Performance
Segment Performance SEGMENT REVENUE SEGMENT RESULT 48 6,000 p ~ 12 ) °0 1,300 - a000 bo 1,000 2000 : © BAN AN BN 00 © Ran fans | SE 100 A 207 Sitawas yd 1,372 § - ~ (200) (136) ~ (46) H1 H1 H1 H1 FY 23-24 FY 22-23 FY 23-24 FY 22-23 - i. - . - - [= Fertilizers El Chemicals [1 Others © Fertilizers © C
Slide 10: Balance Sheet Summary
Balance Sheet Summary (X Crores) Particulars 30-09-23 31-03-23 Variance Net Fixed Assets 3,332 3,383 (2%) CWIP 186 186 - Investments 3,127 3,106 1% Cash & Bank 2,297 2,031 13% Deposit with GSFS 650 800 (19%) The key changes are in Net Working Capital Net Working Capital 507 487 (57%) mainly due to r
Slide 11: Cash Flow Summary
Cash Flow Summary (X Crores) H1 H1 Particulars Variance FY 23-24 FY 22-23 A | Operating Cash Flow before Working Capital changes 314 1,118 (72%) Net Change in Working Capital 347 (674) 151% Operating cash flows are higher Taxes Paid (194) (249) 22% than profits mainly due to subsidy B | Net cash fro
Slide 12: Feedstock Spreads
Feedstock Spreads m Toluene ~ TDI fice ( ) Pri ZT ‘000/MT Highest \ Lowest Source: Company =D 2 GNFC | Investor Presentation | Q2 FY 23-24 ANY SEY EEE ~~ =m ooo. 1 of 17
Slide 13: Feedstock Spreads
Feedstock Spreads Price (Z ‘000/MT) m Methanol = Acetic Acid Highest Source: Company bY 4 GNFC | Investor Presentation | Q2 FY 23-24 ANY SEY EEE ~~ =m ooo. 12 of 17
Slide 14: Feedstock Spreads
Feedstock Spreads Price (Z ‘000/MT) m Benzene Aniline Highest Source: Company bY 4 GNFC | Investor Presentation | 02 FY 23-24 AY AEP MENEEEE mm eoeoooo. 13 of 17
Slide 15: Trends In Key Energy Inputs
Trends In Key Energy Inputs -®-0il (Rs. /MT) -@=N (Gas) Rs. /'000 SM3 -@-Imported Coal (Rs. / MT) Source: Company % Represent Y-0-Y Changes N (Gas) : Considered Non Urea GNFC | Investor Presentation | Q2 FY 23-24 AEE AEE SEER 0 ------m mmm mmm mmm mmm mm meme 14 of17
Slide 16: Expansion Plan
Expansion Plan Ongoing Projects FY22-23 FY23-24 FY24-25 FY25-26 FY26-27 FY27-28 4 MW Solar Power Project 04 MV (AC) Coal Based Steam & Power Plant, TDI-I 150 Mt/Hr. Steam & 18 MW Power 10 MW Electrolyser based Green Hydrogen Project Phase - I: 5 MW Electrolyzer Weak Nitric Acid (WNA-II1) 200 KTPA Am
Slide 17: Conference Call Details
Conference Call Details Earning Conference Call Q2 FY2023-24 = | Time: Thursday, 09t" November, 2023 at 03:30 pm IST oO pd oO (00) (00) (00) (8) (8) oOo [o]) ~~ =. XQ oN No No XQ =~ on No += += — O > N N w N N a) a) [) wn wn 1 3 ® 0 << 3 = Q Diamond Pass Registration Link: https://services.choruscal
Slide 18: For Further Information Please Contact
For Further Information Please Contact: Investor relation cell at: "4 Email: investor@gnfc.in
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