26 slides from Styrenix Performance Materials's earnings presentation, Feb 3, 2024
Slide 1: Exchange cover letter: Investor Presentation
February 3, 2024 To, BSE Limited National Stock Exchange of India Limited Dept. DSC_CRD Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot No. C/1, ‘G’ Block, Dalal Street Bandra- Kurla Complex, Mumbai 400 001 Bandra (‘E’) Mumbai 400 051 BSE Scrip Code: 506222 NSE Symbol: STYRENIX Subject: Investor Pre
Slide 2: Styrenix Performance Materials Limited Investor Presentation Dec 2023
STYRENIX PERFORMANCE MATERIALS LIMITED INVESTOR PRESENTATION DEC 2023
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Styrenix Performance Materials Ltd. (the “Company”) solely for your information and may not be taken away, reproduced, or redistributed directly or indirectly, to any other person (whether within or outside your organization or firm) or published in
Slide 4: Disclaimer
Disclaimer No representation, warranty, guarantee or undertaking (express or implied) is made as to, and no reliance should be placed on, the accuracy, completeness or correctness of any information, including any projections, estimates, targets and opinions, contained herein, and no liability whats
Slide 5: Styrenix Overview
Styrenix Overview 4
Slide 6: The Journey So Far
The Journey So Far History of Continuously Adding Capacities Mr. Rakesh Agrawal Shiva Group lead by Incorporated Mr. Rakesh Agrawal ABS Plastics Ltd. and acquires 62.73% PS Expansion to leads it till 2012 Starts 60,000 TPA PS lines equity stake 66,000 TPA 1973 1992 1993 1995 - 1996 2000-2003 2005 -
Slide 7: Corporate Values
Corporate Values Passion for results and Entrepreneurial spirit Customer Orientation Reliability Responsibility Quick decision making and Flexibility Valuing and respecting others Absolac® ABS Absolan® SAN Styrenix® PS 6
Slide 8: A Market Leader in Engineering Polymers
A Market Leader in Engineering Polymers India’s Market Leader in ABS and leading player for Polystyrene No.1 producer of Absolac® and Absolan® in India and a leading player in the polystyrene business Styrenix PS® with unmatched experience in Styrenics Brief Technology leader in styrenics domain
Slide 9: A Market Leader in Engineering Polymers
A Market Leader in Engineering Polymers Strong position in attractive growing markets High class, well-maintained assets and strong team Efficient & flexible manufacturing facilities meeting IV Strong Demand for ABS, SAN and PS products I highest standards of compliance and SHE norms Robust Expansio
Slide 10: Market Offering and Presence
Market Offering and Presence 9
Slide 11: Our Products
Our Products Styrenix® PS Absolan® SAN Absolac® ABS General purpose and High impact polystyrene Brand Absolan is available for the Indial domestic Brand ABS is available for the Indian domestic resins are transparent polymers suitable for market. Absolan grades feature a vey well- market. Absolac pr
Slide 12: Diversified in All Industry
Diversified in All Industry Absolac® ABS Absolan® SAN Styrenix® PS 11
Slide 13: Styrene Polymer – Opaque Application across all Industry
Styrene Polymer – Opaque Application across all Industry Absolac® ABS Absolan® SAN Styrenix® PS 12
Slide 14: Styrene Polymer – Transparent Application across all Industry
Styrene Polymer – Transparent Application across all Industry Absolac® ABS Absolan® SAN Styrenix® PS 13
Slide 15: Styrenix- Wide choice to a Designer and Producer
Styrenix- Wide choice to a Designer and Producer Absolac® ABS Absolan® SAN Styrenix® PS 14
Slide 16: Footprint
Footprint 15
Slide 17: Styrenix – Presence in India
Styrenix – Presence in India Head Office -4 -6 -6 Haridwar Absolac® ABS Absolan® SAN Styrenix® PS 16
Slide 18: Strong Production footprint
Strong Production footprint Efficient and well-placed Manufacturing Facilities Production Capacities and Plant Area • Capacity - Graft rubber 24 kt/a Gujarat Nandesari - Rubber • Area - 45,000 m2 Katol Nandesari • Best in class specialty rubber technology Moxi Dahej • Capacity - SAN 100 kt/a Katol -
Slide 19: State of art R&D Center at Moxi
State of art R&D Center at Moxi Moxi Color Excellence and R&D center Established in 1996 Supports process optimization, coloring, application and new product development, customer relations and core R&D programs. • Unique product innovation capabilities with world class color excellence center (> 80
Slide 20: Financial Overview
Financial Overview 19
Slide 21: Financial Highlights
Financial Highlights Quarter and Period Ended Dec 2023 highlights Quarter Revenue (INR Crs.) Quarter EBITDA (INR Crs.) and EBITDA Margin Quarter PBT (INR Crs.) and PBT Margin % YTD Revenue (INR Crs.) YTD EBITDA (INR Crs.) and EBITDA Margin YTD PBT (INR Crs.) and PBT Margin % Absolac® ABS Absolan® SA
Slide 22: Financial Update
Financial Update Quarter and Period Ended Dec 2023 highlights (UNIT:INR Crore except EPS) % vs Jul-Sep % vs Oct-Dec Particulars Oct-Dec 23 Jul-Sep 23 Oct-Dec 22 Apr-Dec 23 Apr-Dec 22 % 23 22 Sales revenue 484.68 595.00 557.19 -19% -13% 1,623.46 1,756.99 -8% Other income 1.72 3.03 2.45 -43% -30% 6.86
Slide 23: Production Volume
Production Volume Volume in MT In Q3 23-24 : PS plant scheduled maintenance was done Absolac® ABS Absolan® SAN Styrenix® PS 22
Slide 24: Industry Outlook
Industry Outlook 23
Slide 25: Outlook
Outlook • We expect robust growth in passenger vehicle and two-wheeler market • EV segment vehicle sales is expected to stabilize and grow in coming period • Large appliances : Peak season demand for AC expected to be high which is in line with normal cyclicity of the business • Other Large applianc
Slide 26: For more information visit www.styrenix.com
For more information visit www.styrenix.com