Tata Chemicals Limited · NSE:TATACHEM
Tata Chemicals — Q3 FY2017-18 Earnings Presentation
19 slides from Tata Chemicals's earnings presentation, Feb 6, 2018
Slide 1: Cover letter to BSE for analysts' call presentation
February 6, 2018 BSE Limited Corporate Relations Department- Listing Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001 Tel:22721233134 Fax:22721919 Scrio Code: 500770 Dear Sir/Madam, Sub: Presentation for Analvsts' Call Ref.: Letter dated Januarv 23. 2018 informinq about Analvsts' Call Further
Slide 2: Analyst / Investors Communication on Financial results Q3 FY2017-18
Analyst / Investors Communication on Financial results for the period Q3, December 2017 of FY2017-18 Dated: 6 th February 2018
Slide 3: Safe Harbour Statement
Safe Harbour Statement “This Presentation, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expression
Slide 4: Key Highlights - Continuing Operations
Key Highlights - Continuing Operations Q3 FY18 vs. Q3 FY17 Consolidated Revenue up by Rs 68 Crs. (↑ 3% up vs. Q3 FY17) Standalone Revenue down by Rs 19 Crs. (↓ 2 % vs. Q3 FY17) Consolidated Net Profit up by Rs 348 Crs. (↑ 176% vs. Q3 FY17) Standalone Net Profit up by Rs 9 Crs. (↑ 6% vs. Q3 F
Slide 5: Key Highlights
Key Highlights Urea and Phosphatic Fertiliser Operations are disclosed as Discontinued Operations Consolidated Net Debt ↓ to Rs. 4,128 Crs from Rs. 5,573 Crs (Mar 17) Consolidated Cash & Cash equivalent as at 31st Dec 2017 was Rs. 1,849 Crs. On a Standalone basis, the Company is Net Debt fre
Slide 6: Key Highlights: Quarter ended 31 Dec, 2017
Key Highlights : Quarter ended 31 Dec, 2017 Consolidated Standalone Rs in Crore Q3 Q3 Q3 Q3 Var Var Dec17 Dec16 Dec17 Dec16 Continuing Operations Revenue 2,574 2,506 68 912 931 (19) EBITDA 563 514 49 228 240 (12) EBITDA margin 22% 21% 25% 26% Profit Before Tax 421 317 104 187 205 (18) Profit After T
Slide 7: Key Highlights: YTD 31 Dec, 2017
Key Highlights : YTD 31 Dec, 2017 Consolidated Standalone Rs in Crore YTD YTD YTD YTD Var Var Dec17 Dec16 Dec17 Dec16 Continuing Operations Revenue 7,790 8,086 (296) 2,606 2,898 (292) EBITDA 1,678 1,622 56 665 695 (30) EBITDA margin 22% 20% 26% 24% Profit Before Tax 1,199 1,105 94 632 651 (19) Profi
Slide 8: Key Highlights: Business
Key Highlights : Business Consolidated Standalone • TATA Chemicals North America (TCNA) operations • India Chemicals business registered good continue to maintain steady performance backed volumes and profitability due to operational by favourable production volumes and profitability. efficiencies •
Slide 9: Key Highlights: Update on the Divestments
Key Highlights: Update on the Divestments Urea & Customised Fertiliser Phosphatic Fertiliser • All requisite regulatory approvals, • Transfer of Haldia operations, including NCLT approval, has including Agri-Trading (bulk & non been received. bulk) business on track. • Transfer of assets to Yara • T
Slide 10: Results: Subsidiary wise Financials
Results : Subsidiary wise Financials Quarter Ended Dec– Continuing Operations Rs Crs TCL India TCNA TCEHL TCAHL Rallis Consolidated CY PY CY PY CY PY CY PY CY PY CY PY Revenues 912 931 787 809 374 399 176 145 390 365 2,574 2,506 EBITDA 228 240 180 183 63 51 27 12 38 44 563 514 PBT 187 205 160 92 25
Slide 11: Debt position as on Dec 2017
Debt position as on Dec 2017 3,000 2,500 1,312 1,189 2,000 Standalone Rs Crs 1,500 2,411 13 1,000 500 1,087 - -102 -500 Gross Debt Net Change Revaluation Gross Debt Cash & Cash Net Debt Mar'17 Dec'17 Equivalents 10,000 8,000 1,477 Consolidated 10 1,849 Rs Crs 6,000 4,000 7,443 5,977 2,000 4,128 - Gr
Slide 12: Volumes: Q3 – Dec 2017 for Key products
Volumes : Q3 – Dec 2017 for Key products Soda Ash volumes (In Kts.) Sodium Bicardonate volumes (In Kts.) 1,000 70 800 60 In Kts 600 50 400 In Kts 40 200 30 - Dec-17 Dec-16 Dec-17 Dec-16 20 Sales Production 10 - TCNA 562 556 593 561 Dec-17 Dec-16 Dec-17 Dec-16 TCML 78 68 82 78 Sales Production TCEHL
Slide 13: Volumes: YTD Dec 2017 for Key products
Volumes : YTD Dec 2017 for Key products Soda Ash volumes (In Kts.) Sodium Bicardonate volumes (In Kts.) 2,000 180 1,500 160 140 In Kts 1,000 120 In Kts 500 100 80 - 60 Dec-17 Dec-16 Dec-17 Dec-16 40 Sales Production 20 - TCNA 1,761 1,697 1,767 1,707 Dec-17 Dec-16 Dec-17 Dec-16 TCML 251 196 236 233 S
Slide 14: General Information
General Information TATA Chemicals - Share Price movement (close) TCL- Market Capitalisation and Nifty 50 Index 800 TCL - Market Cap Nifty 50 750 Price per share in Rs 700 25,000 650 20,000 600 15,000 550 10,000 500 450 5,000 400 - TATA Chemicals - Shareholding pattern Exchange Rate (Average) Shareh
Slide 15: Update
Update • Deleveraging of the balance sheet is complete • Focus now shifts to growth 14
Slide 16: India Growth Story
India Growth Story India has emerged as the fastest growing major 2 Improved global rankings highlighting favourable economic 1 economy in the world as per the CSO and IMF growth in India India is expected - Moody’s upgraded India’s sovereign rating after 14 years to to be one of the Baa2 with a sta
Slide 17: Updates of Growth Projects
Updates of Growth Projects Kick-off ceremony at Nellore in November17 • Nutritional Solutions – Nellore, AP – Board Approval – Feb 8 2017 – Total investment of Rs 270 Crore – Total Capacity of 5,000 TPA – Investment to setup state-of-the-art biotechnology unit for manufacturing of FOS – natural swee
Slide 18: TCL's Strategic Direction Ahead
TCL’s Strategic Direction Ahead FY 17 SEGMENTAL REVENUE STRATEGY GOING FORWARD (CONSOLIDATED) (₹. CR) Exited regulated Revenue From Operations businesses & grow EXIT through brands backed by science based 375 differentiation 1,768 Maintain Cost Leadership Industrial Chemicals MAINTAIN & scale furthe
Slide 19: Contact details
<p TATA CHEMICALS TATA Living, Indu g ry and Farm Essentials. For any question/queries please contact & John Mulhall = jmulhall@tatachernicals.com © +91 22 6665 8282 & Sameer Kulkarni = skulkarni@tatachemicals.com © +91 226665 7942 & Keya Muriya = kmuriya@tatachemicals.com © +91 226665 7496 & Gavin