Paradeep Phosphates Ltd. · NSE:PARADEEP
Paradeep Phosphates — Q3 FY2024 Earnings Presentation
29 slides from Paradeep Phosphates's earnings presentation, Feb 7, 2024
Slide 1: Investor Presentation filing letter to exchanges
February 07, 2024 National Stock Exchange of BSE Limited, India Limited Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, MUMBAI - 400 001 Bandra (E) MUMBAI - 400 051 Dear Sir/Madam, Company's Scrip Code in BSE : 543530 Company’s Symbol in NSE : PA
Slide 2: Earnings Presentation Q3 and 9M FY2024
www.paradeepphosphates.com Nourishing the Future - Feeding the Nation Earnings Presentation Q3 and 9M FY2024
Slide 3: Business Overview
Business Overview o Paradeep Phosphates Limited (PPL) is India’s second largest private Key Metrics sector phosphatic company with a capacity of 3.0 MMTPA finished fertilizers (NPKs, DAP and Urea) 3.0 MMTPA +8 Mn o Diverse consumer product portfolio of phosphatic grades of fertilizer: Installed Capa
Slide 4: Q3 FY24 Performance Highlights
Q3 FY24 Performance Highlights (in Rupees Million) Total Income EBITDA Quarterly Developments Rs. 26,037 Rs. 2,911 ➢ Profit margins improved led by backward integration , softening raw material prices and (40.9)% Y-o-Y (22.8)% Y-o-Y our ability to store raw-materials at plant sites Margins : 11.2 %
Slide 5: Q3 FY24 PPL Operational Highlights (Production Volumes)
Q3 FY24 PPL Operational Highlights (Production Volumes) Total fertilizers DAP N-20 541,874 MT 163,525 MT 270,427 MT (13)% Y-o-Y (29)% Y-o-Y 82% Y-o-Y Other NPK Sulphuric Acid Phosphoric Acid 66,248 MT 341,380 MT 156,335 MT (44)% Y-o-Y nm% Y-o-Y 30% Y-o-Y Industrial Products Urea Production: 41,675 M
Slide 6: Q3 FY24 PPL Operational Highlights (Sales Volumes)
Q3 FY24 PPL Operational Highlights (Sales Volumes) Total fertilizers DAP 591,162 MT 207,955 MT (6)% Y-o-Y (2)% Y-o-Y N-20 Other NPK 240,589 MT 93,065 MT 51% Y-o-Y (32)% Y-o-Y Urea Sales: 49,553 MT 5 Total sales volumes exceed total production volumes in the quarter Fertilizer Products
Slide 7: Q3 FY24 Performance Trends
Q3 FY24 Performance Trends Profit margins have improved primarily led by our backward integration capacity ramp-up and softening of raw material prices including our ability to store raw-materials at plant sites (in Rupees Million) Revenue from Operations EBITDA and Margins 43,984 3,773 36,830 2,911
Slide 8: Management Perspective
Management Perspective Commenting on the performance, Mr. N Suresh Krishnan, Managing Director, said: “Notwithstanding a lesser than expected rainfall and lower reservoir levels this fiscal, we have striven to do well. Our performance in NPKs, particularly N-20, has been good for Q3 as well as for 0
Slide 9: Annual Performance Trends
Annual Performance Trends (in Rupees Million) Revenue from Operations EBITDA and Margins 133,407 8,921 7,104 7,318 96,968 93,324 78,587 5,615 5,387 51,647 10.8% 9.0% 7.5% 6.6% 5.7% FY21 FY22 FY23 9M FY23 9M FY24 FY21 FY22 FY23 9M FY23 9M FY24 PAT* EPS (IN RS.) CAGR 52% PBT and Margins Net Profit and
Slide 10: Consolidated Financial Performance Summary
Consolidated Financial Performance Summary (in Rupees Million) Q3 Y-o-Y Q2 Q-o-Q 9M Y-o-Y (Rs. Million) FY2024 FY2023 Growth(%) FY2024 Growth(%) FY2024 FY2023 Growth(%) Revenue from Operations 25,950 43,984 (41.0)% 36,830 (29.5)% 93,324 96,968 (3.8)% Other Income 86 55 56.0% 110 (21.4)% 388 214 81.4
Slide 11: Farmer Engagement: 9M 2024
Farmer Engagement: 9M 2024 Fostering continuous engagement with farmers, retailers and channel partners across our wide distribution network 4,884+ Farmer Meetings 274+ Crop Seminars Retailer Meetings Crop Seminars Field Demonstrations 162+ Retailer Meetings 803+ Demonstrations 3,202+ Mobile Soil Te
Slide 12: Sustainability & ESG at PPL
Sustainability & ESG at PPL PPL has recently published its second ESG Report. The ESG report comprehensively details PPL's sustainability-oriented performance and initiatives implemented across its operations during fiscal year 22-23. This report is a significant milestone that builds upon our inaug
Slide 13: Our Sustainability Strategy
Our Sustainability Strategy 12 PPL Sustainability report 2023
Slide 14: CSR at PPL
CSR at PPL CSR Highlights 75.4 50,000+ FY 22-23 CSR Spends Beneficiaries Rupees Million From our CSR initiatives 25 19 7000 Anganwadi High Schools Students Centres Developed benefited Navratna Balygruha Initiative In Jagatsinghpur District from Digital Classrooms Education Primary school, STEM based
Slide 15: Key Macroeconomic Trends
Key Macroeconomic Trends • Recent reduction of NBS rates coupled with lesser rainfall and lower reservoir levels may • Increasing awareness pertaining to soil profile create short-term headwinds and nutrition management of soil is expected to spur the market growth over the next few years • Key raw
Slide 16: Share Holding Pattern Top Shareholders - December 2023
Share Holding Pattern Top Shareholders - December 2023 Promoters Group % PPL Shareholdings # ZACL* 50-50 Joint Venture Insurance Companies ZMPPL** 4.6% Foreign Portfolio Investors OCP Group 5.1% 56.1 % Paradeep Phosphates Mutual Funds (DII) Promoter 17.5% group Top Shareholders# in DII, FII and Insu
Slide 17: About PPL
2 PPL Puradeep Phosphates Linited About PPL
Slide 18: Investment Case
Investment Case Backward integration and 3 MMTPA fungible capacity resulting in competitive EBITDA / tonne and market-oriented product mix • Total finished fertilizer capacity of 3.0 Million Metric Tons Per Annum (MMTPA) across two sites – Paradeep and Goa • Paradeep site can produce 1.8 MMTPA of DA
Slide 19: Manufacturing Locations
Manufacturing Locations Location Paradeep, Odisha Zuarinagar, Goa Area (Acres) 2,282 260 Target Market East, Central and South West, Central and South DAP, NPK-20, N-12, N-10, NPK-10, N-12, N-14, N-19, Feriliser Products N-14 N-28, DAP, Urea Installed fertilizer NPK / DAP: 0.8 Capacity NPK / DAP: 1.
Slide 20: Sales and Distribution Network: 9M FY24
Sales and Distribution Network: 9M FY24 Market Presence PPL States Covered 15 Regional Marketing Offices 21 Stock Points 529 No. of Dealers 5,600+ No. of Retailers 75,000+ Farmers Covered ~ 8+ Mn • Our pan-India distribution network enables wide reach and access to farmers, retailers and channel par
Slide 21: Core PPL Product Portfolio
Core PPL Product Portfolio Well diversified product portfolio to cover the entire range of the non-urea fertilizer market • Leadership position in the non-urea fertilizer market with diversified product portfolio ensuring that farmers have access to the right products to improve their yields • The p
Slide 22: Newer NPK Products
Newer NPK Products NPK 14:28:14 NPK 24:24:00 NPK 14:28:0 NPK 14:35:14 NPK 15:15:15:09 • Contains Nitrogen, • It contains two major • Contains a minimum of • Complex fertilizer • Complex fertilizer having Phosphorus and plant nutrients, Nitrogen 24.0% Nitrogen and containing all major NPK ratio of 1:
Slide 23: Competitive Positioning
Competitive Positioning Backward integration of Logistics Manufacturing Comprehensive Product Well Established Sales rock phosphate, NH3 Advantage Capabilities Portfolio and Distribution Network Raw Material: Paradeep Plant: Paradeep Capacity 1.8 MTPA: Consumer Product Portfolio: Consolidated Pan In
Slide 24: PPL Growth Strategy
PPL Growth Strategy Capacity Utilization and Productivity and Cost Market Expansion Identify Inorganic Growth Product Diversification Improvement Programs through New Channels Opportunities • Expand into allied areas such • Enhanced the captive • Extending market presence • Completed the acquisition
Slide 25: Key Highlights of the Sustainability Report of FY 23
Key Highlights of the Sustainability Report of FY 23 24 Note : Data pertain to the fiscal period of 2022-23
Slide 26: Additional ESG Initiatives
Additional ESG Initiatives Voluntarily published our first BRSR report for ESG related policies have been formulated and implemented organization-wide in line with our FY 22-23 in line with SEBI guidelines. ESG strategy. Formed an ESG steering committee of senior Conducting water-stress assessments
Slide 27: Awards & Recognitions
Awards & Recognitions Recent Awards Awards and Accolades Energy Conservation FAI Best Plant and Environment Award - 2023 Management -2023 CSR Golden Peacock Excellence Award by Award - 2022 Odisha CSR Forum - 2022 Industry Recognition Recognition for “Shared PAP Best Exceed Award 2022 on Vision for
Slide 28: Disclaimer and Contact Information
Disclaimer and Contact Information Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to “Paradeep Phosphates” future business deve
Slide 29: Thank You
Thank You Registered Office Paradeep Phosphates Limited 5th Floor, Bayan Bhavan Pandit Jawaharlal Nehru Marg Bhubaneswar - 751 001, Odisha, India Contact: +91 22 6169 5988 CorpAffairsBBSR@adventz.com 28
Paradeep Phosphates — Q3 FY2024 Earnings Presentation on 6ix