Supreme Petrochem Limited · NSE:SPLPETRO
Supreme Petrochem — Q2 FY24 Earnings Presentation
19 slides from Supreme Petrochem's earnings presentation, Oct 30, 2023
Slide 1: Submission letter to stock exchanges
SUPREME PETROCHEM LTD ,O Regd. Offlce : Solitaire Corporate Park, Building No. 11,Sth Floor, 167, Guru Hargovindji Marg' Andheri-Ghatkopar Link Road, Chakala, Andheri (East), Mumbai-400 093. INDIA @ z 91-22-6709 1900 o CIN : 123200MH'1989PLC054633 Website : wwwsupremepetrochem.com o E-mail ; corpora
Slide 2: Earnings Presentation Q2/H1-FY24
SUPREME PETROCHEM LIMITED EARNINGS PRESENTATION Q2/H1-FY24
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: Snapshot
Snapshot Strong Promoter Lineage: Raheja’s (Exide, Prism Johnson, Sonata Long-term Credit rating AA-/Stable from CRISIL and AA-/ Outlook Software), Taparia’s (Supreme Industries) Stable from IND-Ra and short-term rating A1+ from both Market Leader in Polystyrene and Expanded Debt Free Company Polyst
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 1 Capacity Expansion • 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: CSR Initiatives
CSR Initiatives E-Classroom Facility Providing Natural Drinking Water Anganwadi Centre Public Toilet Blood Donation Camps organised by SPL Supreme Petrochem Limited 7
Slide 9: Financial Overview
FINANCIAL OVERVIEW
Slide 10: Q2/H1-FY24 Financial Highlights
Q2/H1-FY24 Financial Highlights Q2-FY24 Financial Highlights H1-FY24 Financial Highlights INR 12,777 Mn INR 1,063 Mn 8.32% INR 25,028 Mn INR 1,967 Mn 7.86% Operating Income Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating EBITDA Margins Margins INR 781 Mn 6.11% INR 4.15/
Slide 11: Q2/H1-FY24 Business Highlights
Q2/H1-FY24 Business Highlights • For the quarter, company’s domestic sales volume of manufactured products increased by 22.7% YoY and by 3.9% on QoQ, while export volume increased by 62.6% YoY and by 12.7% on QoQ. • Total volumes in Q2-FY24 increased by 27.7% YoY and by 5.2% on QoQ. • Total volumes
Slide 12: Q2/H1-FY24 Operating Highlights
Q2/H1-FY24 Operating Highlights Operational Revenue (INR Mn) Operational EBITDA (INR Mn) Quantities Sold in MT 3.5% 34.7% 1,063 27.7% 12,777 81,131 12,346 Q2-FY24 789 63,548 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 Operational Revenue (INR Mn) Operational EBITDA (INR Mn) Quantities Sold in MT
Slide 13: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q2-FY24 Q2-FY23 Y-o-Y Q1-FY24 Q-o-Q Revenue from Operations 12,777 12,346 3.5% 12,251 4.3% Total Expenses 11,714 11,557 1.4% 11,346 3.2% EBITDA 1,063 789 34.7% 905 17.5% EBITDA Margins (%) 8.32% 6.39% 193 Bps 7.39% 93 Bps Depreciation and Amortiza
Slide 14: Half-Yearly Financial Performance
Half-Yearly Financial Performance Particulars (INR Mn) H1-FY24 H1-FY23 Y-o-Y Revenue from Operations 25,028 27,200 (8.0)% Total Expenses 23,061 23,894 (3.5)% EBITDA 1,967 3,306 (40.5)% EBITDA Margins (%) 7.86% 12.15% (429) Bps Depreciation and Amortization expenses 284 220 29.1% Finance costs 25 18
Slide 15: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 Revenue from Operations 31,852 50,323 52,872 25,028 Total Expenses 25,162 41,282 46,290 23,062 EBITDA 6,690 9,041 6,582 1,966 EBITDA Margins (%) 21.00% 17.97% 12.45% 7.86% Depreciation and amortisation expenses 392 419 466 284 F
Slide 16: 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 17: 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 6,633 2 8 .0 0 % 6,582 2 1 .0 0 % 14.99% 31,852 4,775 4,981 25,028 2 1 .0 0 % 21.00% 17.97% 1 4 .0 0 % 13.18% 1 4 .0 0 % 12.45% 14.99% 1,967
Slide 18: 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 19: Thank You
THANK YOU