Black Rose Industries Limited · BSE:BLACKROSE
Black Rose Industries — Q2 FY2025 Earnings Presentation
15 slides from Black Rose Industries's earnings presentation, Nov 11, 2024
Slide 1: Quarter 2 FY2024-25 Earnings Webinar
QUARTER 2 FY2024-25 EARNINGS WEBINAR November 11, 2024 BLACK ROSE INDUSTRIES LIMITED August 24, 2021
Slide 2: Disclaimer
Q2 FY2024-25 EARNINGS WEBINAR Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by BLACK ROSE INDUSTRIES LIMITED (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to
Slide 3: Business presence of Black Rose
Q2 FY2024-25 EARNINGS WEBINAR Polyacrylamide Business presence solid - 10,000 MTPA of Black Rose Acrylamide liquid – (in R&D) N-methylol 32,000 MTPA acrylamide (NMA) - 2,000 Chemical (20,000 MTPA for merchant MTPA distribution sales and 12,000 MTPA for Chemical captive requirement) manufacturing Acr
Slide 4: Financials – Profit & Loss (Standalone & Consolidated)
Q2 FY2024-25 EARNINGS WEBINAR Financials – Profit & Loss (Standalone & Consolidated) INR. in millions STANDALONE CONSOLIDATED Particulars Q2 FY25 Q1 FY25 Change % Q2 FY25 Q1 FY25 Change % Revenue from operations 930.46 741.76 25% 1,233.33 982.69 26% EBITDA 130.47 71.66 82% 75.25 72.26 4% Depreciatio
Slide 5: Financials – Balance Sheet (Standalone & Consolidated)
Q2 FY2024-25 EARNINGS WEBINAR Financials – Balance Sheet (Standalone & Consolidated) INR in millions STANDALONE CONSOLIDATED All ratios on basis of Standalone figures Particulars Q2 FY25 Q1 FY25 Q2 FY25 Q1 FY25 Return on Equity (%) Sources of Funds 40.00% Equity Share Capital 51.0 51.0 51.0 51.0 29.
Slide 6: Financials – (Standalone)
Q2 FY2024-25 EARNINGS WEBINAR Financials – (Standalone) Total revenue and EBITDA INR in millions Highlights 1,200 200 • Higher sales volumes and realization for 1,100 995 key distribution products R 1,000 E E B V 900 I E 800 752 130 100 T • Higher sales in local market for N D manufacturing segment
Slide 7: Financials – Revenue and geographic mix
Q2 FY2024-25 EARNINGS WEBINAR Financials – Revenue and geographic mix 1% 1% 7% MANUFACTURING 25% 24% 33% DISTRIBUTION 66% 74% 69% OTHERS Q1 FY24 Q1 FY25 Q2 FY25 21 18 EXPORTS 34 % % % LOCAL 66 % 79 82 % % Figures rounded off to closest unit percentage 7
Slide 8: Financials - Distribution
Q2 FY2024-25 EARNINGS WEBINAR Financials - Distribution Total distribution revenue and EBITDA INR in millions Highlights 800 90 • Key products add significantly to 685 80 topline as revenue up 23% 70 600 558 R 60 • Demand from US oil and gas sector 469 E E 60 B stable V 50 I E 400 48 T N 40 U 37 D A
Slide 9: Financials - Manufacturing
Q2 FY2024-25 EARNINGS WEBINAR Financials - Manufacturing Total manufacturing revenue and EBITDA INR in millions Highlights 300 80 • Local sales for AAM-L and NMA pick 270 70 up 244 240 233 60 R 210 61 186 • AAM-S impacted by dumping from 50 E E 180 B China V I E 150 40 T N U 120 35 30 D A • NMA sale
Slide 10: Acrylonitrile – Acrylamide Price Trend
Q2 FY2024-25 EARNINGS WEBINAR Acrylonitrile – Acrylamide Price Trend 1600 70 1460 1338 1328 55 1300 1293 1305 1300 1298 1320 1273 ACN Price USD/MT 1245 1239 1283 1286 1305 1200 1254 1268 1296 1265 1223 1180 1218 1195 1088 1177 40 1145 1040 65 61 57 56 57 59 63 62 62 62 62 60 900 25 Oct'23 Nov'23 Dec
Slide 11: Outlook for the current quarter: Chemical distribution
Q2 FY2024-25 EARNINGS WEBINAR Outlook for the current quarter: Chemical distribution ▪ Adequate stock levels key growth driver ▪ Domestic sales volumes to remain steady ▪ Merchant exports likely to increase ▪ Working on expanding market share as well as introduction of new products 11
Slide 12: Outlook for the current quarter: Acrylamide liquid and solid
Q2 FY2024-25 EARNINGS WEBINAR Outlook for the current quarter: Acrylamide liquid and solid ▪ Raw material prices flat ▪ Expect to increase market share in local market ▪ International logistics situation improving ▪ AAM-S sales likely to be stable 12
Slide 13: Outlook for the current quarter: PAM Liquid and NMA
Q2 FY2024-25 EARNINGS WEBINAR Outlook for the current quarter: PAM Liquid N-methylol acrylamide (NMA) ▪ Demand for ceramic binders subdued ▪ Regular orders from key customer ▪ Newer version of binder to help gain market ▪ Steady sales in the current quarter share 13
Slide 14: Outlook for the current quarter: Ongoing and Upcoming Projects
Q2 FY2024-25 EARNINGS WEBINAR Outlook for the current quarter: Ongoing and Upcoming Projects ▪ R&D development of polyacrylamide solids expected to be completed in this fiscal ▪ New R&D facility development work underway ▪ EC application in process for new specialty chemicals project with Japanese c
Slide 15: Contact
Q2 FY2024-25 EARNINGS WEBINAR Contact Mr. Ambarish Daga Director, Joint CFO & Investor Relations Officer Head office 145/A, Mittal Towers Nariman Point, Mumbai 400 021, India Call / Fax +91-22-4333-7200 +91-22-2287-3022 (Fax) Mail to investor@blackrosechemicals.com
Black Rose Industries — Q2 FY2025 Earnings Presentation on 6ix