Slide 1: Cover letter to NSE and BSE: Investors' Presentation
UMITED August 13, 2024 To, National Stock Exichange of India Ltd. BSE Limited Exichange Plaza Bldg. Department of Corporate Services, 5th Boor, Plot No.C-1 1st floor, New Trading Ring 'G' Block, Near Wockhardt, Rotunda Building, Bandra Kuda Complex Phiroze Jeejeebhoy Towers, Mumbai 400 051 Dalal Str
Slide 2: DCW Limited Earning Presentation Q1-FY25
DCW Limited Earning Presentation Q1-FY25 1
Slide 3: Snapshot
Snapshot BUSINESS 8+ 2 Pioneer Leading Largest and Unique Decades of State-of-the-Art In India Soda Ash, C-PVC, Manufacturer of Commercial scale Experience Integrated Synthetic Rutile & C-PVC and SIOP manufacturer of SIOP in Manufacturing Units SIOP in India the Asia OPERATIONS 12+ 2,000+ Zero 58 MW
Slide 4: Business Overview
Business Overview Financial Highlights Historical Financial Overview 3
Slide 5: Company Overview
Company Overview DEW 0 LIMITIC Operating Revenue (INR Mn) and EBITDA Margins (%) • Incorporated in 1939, DCW Ltd. was established as Dhrangadhra Chemical Works at Dhrangadhra, 26,338 Gujarat as India’s first Soda Ash plant. 24,547 18,716 • Since then DCW has pioneered and created a strong presence i
Slide 6: Key Milestones
Key Milestones 0 DEW LIMITIC Growth in Commodity Chemicals Expansion towards Specialty Chemicals Setup one of the Entered into a Technical Commenced Commissioning of the first integrated License and Support production of 1st Chlor-alkali Plant at plants in India to Agreement with Rockwood and only S
Slide 7: Marquee Customers
Marquee Customers 0 DEW LIMITIC Commodity Chemicals ~ ~FinOlex ~ ®- • NDUSTRIES l,♦:ITNPLI (ashirvad) NALCO PIPES ~ vedanta ~~TRICON ~- transforming elements Specialty SpecialtyChemicals Chemicals ~ ~ ASTRAL PIPES ::.=:.> TCIHOTIIMaJM : •J<ERRA @ Calarbiatics• iiim SPECIALTY 11:@Fifi &,preme SUPREME
Slide 8: Value Proposition
Value Proposition 0 D£W ll M ITI 0 Significant Scale-up Opportunities Technology Tie-ups Diversified Application Base Niche & Diversified Product Mix Over 2,500- acre land bank available at Licensed technology from Arkema Catering to over 15 industries with Diversified product mix of Sahupuram facil
Slide 9: Capital Expenditure Update
Capital Expenditure Update 0 DEW LIMITIC Planned Date of Product Actual Date of Capitalisation Change in Capacity Remarks Capitalisation Capacity enhanced from Production Ramp-up started in SIOP Line Balancing Capex Q4-FY24 Q1-FY25 18,000 TPA to 30,000 TPA Q1-FY25 Capacity doubled from 10,800 Produc
Slide 10: Financial Highlights
Business Overview Financial Highlights Historical Financial Overview 9
Slide 11: Key Financial and Operational Highlights
Key Financial and Operational Highlights 0 DEW LIMITIC Q1-FY25 Operational Highlights: Q1-FY25 Financial Performance • Revenue from Operations increased by 14% YOY despite price erosion across all product segments except in PVC. • Commodity segment volumes across most products showed marginal growth
Slide 12: Quarterly Key Segmental Performance
Quarterly Key Segmental Performance 0 DEW LIMITIC Revenue (INR Mn) & EBITDA Margin (%) C-PVC SIOP Caustic Division PVC Soda Ash 849 676 2,494 1,951 602 1,811 617 1,653 464 485 594 1,344 268 1,081 589 40.7% 12.6% 17.2% 35.6% 4.1% 34.1% 35.8% 4.5% 9.5% 29.8% -13.1% -0.1% -2.4% 0.0% 31.1% Q1-FY24 Q4-FY
Slide 13: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance 0 DEW Particulars (INR Mn) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Operational Income 4,995 4,380 14.0% 6,217 (19.7)% Total Expenses 4,543 3,869 17.4% 5,584 (18.6)% EBITDA 452 511 (11.5)% 633 (28.6)% EBITDA Margins (%) 9.05% 11.67% (262) Bps 10.18% (113) Bps
Slide 14: Historical Financial Overview
Business Overview Financial Highlights Historical Financial Overview 13
Slide 15: Historical Income Statement
Historical Income Statement 0 DEW Particulars (INR Mn) FY22 FY23 FY24 Q1-FY25 Operational Income 24,547 26,338 18,716 4,995 Total Expenses 21,299 22,053 16,961 4,543 EBITDA 3,248 4,285 1,755 452 EBITDA Margins (%) 13.23% 16.27% 9.38% 9.05% Other Income 61 153 183 64 Depreciation 885 902 938 246 Inte
Slide 16: Historical Balance Sheet
Historical Balance Sheet 0 DEW LIMITIC Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 13,386 12,839 13,005 Share Capital 522 590 590 Other Equity 7,496 9,661 9,727 Capital Work in progress 81
Slide 17: Financial Performance
Financial Performance 0 DEW LIMITIC Revenue From Operations (INR Mn) EBITDA (INR Mn) & EBITDA Margins % PAT (INR Mn) 26,338 4,285 24,547 1,920 18,716 3,248 14,643 2,094 1,755 1,075 16.27% - 4,955 - -- 14.30% 13.23% 9.38% 452 157 67 9.05% 38 FY21 FY22 FY23 FY24 Q1-FY25 FY21 FY22 FY23 FY24 Q1-FY25 FY2
Slide 18: Capital Market Data
Capital Market Data 0 DEW LIMITIC 1 Year Stock Performance (up to 30th June, 2024) 70% 60% 50% 40% 30% 20% 10% 0% -10% Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 DCW Sensex Price Data (As on 30th June, 2024) INR Shareholding Pattern (As on 30st June, 2024) Fa
Slide 19: Disclaimer
Disclaimer 0 D£Wll M ITI 0 DCW Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all event
Slide 20: Thank You
THANK YOU 19