Rashtriya Chemicals & Fertilizers Ltd. · NSE:RCF
Rashtriya Chemicals & Fertilizers — Investor Presentation (February 2024)
30 slides from Rashtriya Chemicals & Fertilizers's investor presentation, Feb 15, 2024
Slide 1: Exchange cover letter: schedule of analyst/investor meet
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Slide 2: Rashtriya Chemicals and Fertilizers Limited Corporate Presentation
Rashtriya Chemicals and Fertilizers Limited Corporate Presentation Feb, 2024
Slide 3: Disclaimer
Disclaimer THIS PRESENTATION (“PRESENTATION”) IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF RASHTRIYA CHEMICALS AND FERTILIZERS LIMITED (THE “COMPANY”). The material that follows is a Presentation of general background information about the Company’s activities as
Slide 4: Table of Content
Table of Content 1 Industry Overview 2 Company Overview 3 Key Highlights 4 Financial Highlights 3
Slide 5: Industry Overview - Urea
Industry Overview - Urea Urea Consumption is higher than other nutrients mix & remains the preferred choice of nutrient for more than two decades 2001 2021 DAP, 17% DAP, 15% MOP, 5% MOP, 5% Urea, 56% NPKS, 14% Urea, 54% NPKS, 18% Others, 8% Others, 8% Production , Sales & Import of Urea (Lakh MT) Es
Slide 6: Industry Overview - Fertilizers
Industry Overview - Fertilizers Trend & Outlook for Non Urea Fertilizers in India (Million Tonnes) 35.0 33.0 29.7 30.5 28.9 30.0 25.1 26.0 24.6 24.0 24.5 25.0 23.0 20.0 15.0 10.0 5.0 0.0 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22E FY23P FY26P Demand Forecast of Non Urea Fertilizers Products in India (M
Slide 7: Industry Overview - Fertilizers
Industry Overview - Fertilizers Production & Sales of DAP (Lakh MT) Production & Sales of Complex Fertilizers (Lakh MT) 120 140 103 105 105 118 115 100 95 93 120 104 101 100 95 96 93 93 93 80 83 80 60 45 42 43 60 39 38 40 40 20 20 0 0 FY 19 FY 20 FY21 FY 22 FY 23 P FY 19 FY 20 FY21 FY 22 FY 23 P Pro
Slide 8: Industry Overview - Chemicals
Industry Overview - Chemicals Indian Chemicals Industry Total USD 83 Bn. Agro Bio- chemicals Speciality technology, 2 bn, 2% Chemicals, 15 2.5 bn, 3% bn, 18% Pharma- ceuticals, 20 bn, 24% Base Chemicals, 43.3 bn, 53% 7
Slide 9: Table of Content
Table of Content 1 Industry Overview 2 Company Overview 3 Key Highlights 4 Financial Highlights 8
Slide 10: Company Overview (1/2)
Company Overview (1/2) Business Description Business Description Manufacturing ManufacturingPants Units • Rashtriya Chemicals and Fertilizers Limited (RCF), a ‘Navratna, is a leading fertilizers and chemicals manufacturing company with about 75% of its equity held by the Government of India • It has
Slide 11: Company Overview (2/2)
Company Overview (2/2) EPS & DPS Payout Business (In INR) Description Share Information Manufacturing Pants 20.00 17.53 NSE Symbol RCF BSE Symbol 524230 15.00 12.77 As on 14th February 2024 10.00 CMP (Rs.) 146.40 6.92 5.30 52 Week High (Rs.) 190.00 5.00 3.77 3.85 2.52 2.84 2.98 52 Week Low (Rs.) 89.
Slide 12: Product Portfolio
Product Portfolio Product Portfolio Portfolio of Chemicals and Manufacturing Pants Financial Snapshot Fertilizers Urea Complex Fertilisers Industrial Chemicals Trading Speciality Nutrients Imported Fertilizers | Methylamines, AN Melt & Urea, DAP & MOP Other Bio-Fertilizers - “Biola” Argon etc. indig
Slide 13: Business Overview
Business Overview Diversified Product Offerings RCF manufactures and markets various fertilizers and Chemicals which have a high degree of brand recall and patronage. RCF enjoys a significant market in Urea sector and complex fertilizers produced by RCF is quite popular. RCF produces Specialit
Slide 14: Diversified Industrial Products Profile
DIVERSIFIED INDUSTRIAL PRODUCTS PROFILE PRODUCTS INDUSTRIAL APPLICATIONS DRUGS DYES ACRYLIC FIBRE CONC. NITIRIC ACID PHARMACEUTICALS TEXTILE PHARMACEUTICALS ANHYDROUS AMMONIA RUBBER AMMONIUM NITRATE EXPLOSIVES (MELT) FERTILIZERS FORMALDEHYDE METHANOL DRUGS CIVIL AVIATION 13
Slide 15: Diversified Industrial Products Profile
DIVERSIFIED INDUSTRIAL PRODUCTS PROFILE PRODUCTS INDUSTRIAL APPLICATIONS BAKERIES PHARMACEUTICALS AMMONIUM BICARBONATE TANNERIES PESTICIDES AMINES MONO/DI/TRI DRUGS DYESTUFF PHARMACEUTICALS POULTRY RAYON RUBBER DIMETHYL FORMAMIDE POLYMER DYESTUFF & PIGMENTS PHARMACEUTICAL FORMIC ACID LEATHER RUBBER
Slide 16: Segment Wise Performance
SEGMENT WISE PERFORMANCE Particulars (In INR Mn) FY 2021 FY 2022 FY 2023 Segment Wise Revenue Fertilizers 64,458 95,647 1,46,420 Industrial Chemicals 10,238 22,670 32,260 Trading 7,996 9,688 35,710 Segment Results Fertilizers 3,351 3,659 7,520 Industrial Chemicals 2,295 5,047 8,850 Trading 984 392 (
Slide 17: Manufacturing Facilities
Manufacturing Facilities Thal Unit Large producer of Urea along with Industrial Chemicals located 100 kms south of Mumbai spread across 997 acres (including township) IMS-ISO 14001, ISO- 9001 & OHSAS- 18001 accredited Manufactures Ammonia, Urea, Methylamines etc. Captive power capacity of 23
Slide 18: Robust Distribution Network
Robust Distribution Network Complex Fertilizer (SUPHALA) Urea (UJJWALA) BIOLA Water Soluble (SUJALA) City Compost MICROLA 0.9 State wise Sales for 2023 0.9 0.9 0.6 0.5 1.8 1.8 0.9 0.0 Maharashtra 1.9 5.6 Karnataka 6.2 Andhra Pradesh 7.0 51.9 Telangana West Bengal 18.9 Haryana Bihar Uttar Pradesh Raj
Slide 19: Policy Impact
Policy Impact POLICY IMPACT ON THE COMPANY • In case of very low Import Parity Price (IPP) of Urea and increase in gas prices, production of Urea beyond RAC is unremunerated. 1 • Urea and P&K fertilizers are still subjected to price and distribution controls. Accordingly, the trade margins are lower
Slide 20: Experienced Management Team
Experienced Management Team Key Management Personnel POLICY IMPACT ON THE COMPANY Shri S. C. Mudgerikar Smt. N. J. Shaikh Ms. Ritu Goswami Smt Aneeta C Meshram Chairman & Managing Director (Finance) Director(Technical) Govt. Nominee Director Director DR. AJAY SHANKER SINGH Shri. Gopinathan Nair Anil
Slide 21: Awards & Accolades
Awards & Accolades Award for Excellence in Safety; Production, Promotion And Marketing Of Biofertilizer, Organic Fertilizer, City Compost Winner; Best Production Performance Award For Complex Fertilizer Plant Special Award-all received in 2021 Award for Award for Promotion & Marketing of Micronutrie
Slide 22: Table of Content
Table of Content 1 Industry Overview 2 Company Overview 3 Key Highlights 4 Financial Highlights 21
Slide 23: Key Highlights
Key Highlights Expansion Initiatives Business Strategy Capacity of 1.27 LMT being • Coal Gasification Based targeted through Coal Ammonia /Urea Plants on a JV gasification based Ammonia basis with GAIL, Coal India & /Urea project through its Joint Fertilizer Corporation at an venture at Talcher es
Slide 24: Key Highlights
Key Highlights Business Strategy Focus on Improving Efficiency NPK project at Thal : Setting of Brown Field NPK plant with about 4 lakhs MT of NPK. Estimated Project cost AN-Melt- Setting up of new INR 9,145.8 Mn. Payback plant with capacity of 425 Nano Urea Project- Signed MTPD at an estimated MoU
Slide 25: Key Highlights
Key Highlights Business Strategy Marketing Initiatives RCF is also using community radio services of Krishi Vigyan Kendra (KVK) Experienced Senior for telecasting Management Team with To broaden the reach farmers education Strong GoI Parentage to Farmers, RCF is programs. Farmer reach through settin
Slide 26: Table of Content
Table of Content 1 Company Snapshot 2 Industry Overview 3 Key Highlights 4 Financial Highlights 25
Slide 27: Performance Highlights FY 2024
Performance Highlights FY 2024 RCFL achieved fertilizer sales volume of 28.57 lakh MT during 9M FY 2024 as compared to 25.54 lakh MT during the EBITDA corresponding period of previous year Total sale of manufactured fertilizers during 9M FY 2024 was 20.62 lakh MT Vs. 21.19 lakh MT during the pre
Slide 28: Financial Performance Highlights
Financial Performance Highlights Revenue (in INR Mn) Profit & Loss Statement & Balance SheetEBITDA (in INR Mn) 250,000 18,000 EBITDA (in Rs. Cr) EBITDA Margin 12% 214,515 16,165 16,000 10.60% 200,000 10% 14,000 8.79% 11,257 150,000 12,000 8% 128,122 7.34% 7.54% 10,000 8,781 96,980 5.89% 7,120 6% 100
Slide 29: Financial Performance Highlights - Profit & Loss Statement
Financial Performance Highlights - Particulars (In INR Mn) FY Profit 2019 & Loss Statement FY 2020 & Balance FY 2021Sheet FY 2022 FY 2023 9MFY 24 Net sales 88,855 96,980 82,812 1,28,122 2,14,515 1,31,017 Operating expenses 84,418 91,095 75,297 1,18,229 1,99,784 1,27,824 EBITDA 5,234 7,120 8,781 11,2
Slide 30: Thank You
Financial Highlights Financial Ratios THANK YOU
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