Supreme Petrochem Limited · NSE:SPLPETRO
Supreme Petrochem — Q3 FY2024 Earnings Presentation
23 slides from Supreme Petrochem's earnings presentation, Jan 18, 2024
Slide 1: Submission letter to BSE and NSE under Regulation 30
,o SUPREME PETROCHEM LTD Regd. Office : Solitaire Corporate Park, Building No. 11,5th Floor, 167' Guru Hargovindji Marg, Andheri-Ghatkopar Link Road, Chakala, Andheri (East), Mumbai-4o0 093. INDIA @ :91-22-6709'1900 Fax -022-4OOS 5681 ' CIN:123200MH1989PLC054633 Website : www.supremepetrochem.com r
Slide 2: Earnings Presentation Q3/9M-FY24
SUPREME PETROCHEM LIMITED EARNINGS PRESENTATION Q3/9M-FY24
Slide 3: Snapshot
Snapshot Strong Promoter Lineage: Taparias (Supreme Industries), Rajan Raheja Long-term Credit rating AA-/Stable from CRISIL and AA-/ Outlook (Exide, Prism Johnson, Sonata Software) Stable from IND-Ra and short-term rating A1+ from both Market Leader in Polystyrene and Expanded Debt Free Company Pol
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
Company Overview • SPL was formed as joint venture between the Supreme Industries Ltd., India's largest plastics processor and the well diversified Rajan Raheja Group. • Supreme Petrochem Limited (SPL) started commercial operations in October 1995 with the business to manufacture Polystyrene (PS). •
Slide 6: Key Strengths
Key Strengths Leading Manufacturers of Polystyrene & Expandable Polystyrene in India with over 25 years of experience First mover advantage in XPS Well placed to benefit from the growth in the domestic consumer durables, automobiles, Government emphasis on Comprehensive styrenics product Universal E
Slide 7: Future Growth Strategies
Future Growth Strategies Capacity Expansion 1 • Polystyrene expansion and first phase of EPS expansion commenced commercial production from January 2023 • The company is undertaking capex for enhancing Compounds and Masterbatches, EPS and XPS capacities at its Amdoshi Plant to cater to the additiona
Slide 8: Exhibitions
Exhibitions Plastivision 2023 Mumbai Plast Imagen 2023 Mexico 7 Supreme Petrochem Limited 7
Slide 9: CSR Initiatives
CSR Initiatives E-Classroom Facility Providing Natural Drinking Water 8 Anganwadi Centre Public Toilet Automated ELISA Machine & Refrigerated Centrifuge donated by SPL to Jankalyan Raktakendra, Mahad Supreme Petrochem Limited 8
Slide 10: Sustainability Initiatives
Sustainability Initiatives • Sustainable and inclusive growth, well being of society & employees and effective corporate governance are part of ideology the company follows for creating long term value for its stakeholders. • Company has taken the following actions in this direction :- ꟷ Installed z
Slide 11: Sustainability Initiatives
Sustainability Initiatives • Mass ABS plant under implementation employs technology specifically chosen inter- alia for its low carbon foot print. • Extruded Polystyrene Insulation Foam Board (XPS) when used in a building results in energy savings and reduced carbon footprints due to its superior in
Slide 12: Financial Overview
FINANCIAL OVERVIEW
Slide 13: Q3/9M-FY24 Financial Highlights
Q3/9M-FY24 Financial Highlights Q3-FY24 Financial Highlights 9M-FY24 Financial Highlights INR 11,877 Mn INR 949 Mn 7.99% INR 36,905 Mn INR 2,915 Mn 7.90% Operating Income Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating EBITDA Margins Margins INR 677 Mn 5.70% INR 3.60/Sh
Slide 14: Q3/9M-FY24 Business Highlights
Q3/9M-FY24 Business Highlights • Styrene Monomer prices were range bound during the quarter. • The Company’s sale of manufactured products during the quarter were flat on YoY basis with marginal increase of 1.7%. • The Company’s sale of manufactured products including exports increased by 12% on YoY
Slide 15: Q3/9M-FY24 Operating Highlights
Q3/9M-FY24 Operating Highlights Operational Revenue (INR Mn) Operational EBITDA (INR Mn) Quantities Sold in MT 0.6% (20.4)% 1.7% 11,804 11,877 Q3-FY24 1,192 70,623 69,469 949 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 Operational Revenue (INR Mn) Operational EBITDA (INR Mn) Quantities Sold in M
Slide 16: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY24 Q3-FY23 Y-o-Y Q2-FY24 Q-o-Q Revenue from Operations 11,877 11,804 0.6% 12,777 (7.0)% Total Expenses 10,928 10,612 3.0% 11,714 (6.7)% EBITDA 949 1,192 (20.4)% 1,063 (10.7)% EBITDA Margins (%) 7.99% 10.10% (211)Bps 8.32% (33)Bps Depreciation
Slide 17: YTD Financial Performance
YTD Financial Performance Particulars (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Revenue from Operations 36,905 39,004 (5.4)% Total Expenses 33,990 34,505 (1.5)% EBITDA 2,915 4,499 (35.2)% EBITDA Margins (%) 7.90% 11.53% (363)Bps Depreciation and amortisation expenses 435 331 31.4% Finance costs 55 28 96.4% Oth
Slide 18: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 9M-FY24 Revenue from Operations 31,852 50,323 52,872 36,905 Total Expenses 25,162 41,282 46,290 33,990 EBITDA 6,690 9,041 6,582 2,915 EBITDA Margins (%) 21.00% 17.97% 12.45% 7.90% Depreciation and amortisation expenses 392 419 466 435 F
Slide 19: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY22 FY23 H1-FY24 Particulars (INR Mn) FY22 FY23 H1-FY24 EQUITY 15,156 18,439 18,593 NON-CURRENT ASSETS 5,333 7,025 9,118 Share Capital 376 376 376 Property, plant & equipment 3,020 5,115 6,355 Other Equity 14,780 18,063 18,217 Intangible Assets 5 4 3 Ca
Slide 20: Key Financial Highlights
Key Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 50,323 52,872 9,041 2 8 .0 0 % 6,690 36,905 6,633 2 8 .0 0 % 6,582 2 1 .0 0 % 14.99% 31,852 4,775 4,981 2 1 .0 0 % 21.00% 17.97% 1 4 .0 0 % 13.18% 2,915 1 4 .0 0 % 12.45% 14.99%
Slide 21: Capital Market Information
Capital Market Information Share Price Movement (Up to 31st December , 2023) 60% 40% 20% 0% -20% Jan/2023 Feb/2023 Mar/2023 Apr/2023 May/2023 Jun/2023 Jul/2023 Aug/2023 Sep/2023 Oct/2023 Nov/2023 Dec/2023 SPL SENSEX Market Data (INR) (As on 31st December 2023) Shareholding Pattern (As on 31st Decemb
Slide 22: Disclaimer
Disclaimer Supreme Petrochem Limited Disclaimer: 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
Slide 23: Thank You
THANK YOU