Ig Petrochemicals Ltd. · NSE:IGPL
Ig Petrochemicals — Q2 FY22 Earnings Presentation
23 slides from Ig Petrochemicals's earnings presentation, Nov 2, 2021
Slide 1: Investor Presentation – Regulation 30 cover letter
2nd November, 2021 SECT/1042 BSE Limited The National Stock Exchange of India Ltd. Corporate Relationship Department Exchange Plaza 1st Floor, P J Towers Bandra Kurla Complex Dalal Street Bandra (East) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 500199 Scrip Code: IGPL Dear Sir, Sub: Investor Pres
Slide 2: I G Petrochemicals Limited Investor Presentation – November 2021
I G Petrochemicals Limited Investor Presentation – November 2021
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by I G Petrochemical Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 4: Q2 & H1FY22 Highlights
Q2 & H1FY22 Highlights
Slide 5: Highest Ever Quarterly & Half Yearly Performance
Highest Ever Quarterly & Half Yearly Performance Highest Ever Key Highlights Quarterly Performance Half-Yearly Performance • Highest Ever Quarterly & Half Yearly Performance in terms of Revenue & Profitability Total Revenue^ Rs 473 Cr 95% Rs 862 Cr 123% growth on YoY basis • Credit Rating Improved t
Slide 6: Performance Highlights
Performance Highlights Revenue^ (Rs. Cr) EBITDA^ (Rs. Cr) PAT (Rs. Cr) 17.5% 21.0% 9.5% 13.7% Margin 95% +134% +180% 473 100 65 243 43 23 Q2 FY21 Q2 FY22 Q2 FY21 Q2 FY22 Q2 FY21 Q2 FY22 Revenue^ (Rs. Cr) EBITDA^ (Rs. Cr) PAT (Rs. Cr) Margin 15.3% 21.4% 6.6% 13.5% 123% +212% +359% 862 184 117 386 59
Slide 7: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Cr) Q2 FY22 Q2 FY21 Y-o-Y H1 FY22 H1 FY21 Y-o-Y Total Revenue^ 473.1 243.1 94.6% 861.7 386.2 123.1% Total Raw Material 320.1 160.6 566.0 254.5 Employee Expenses 17.4 15.6 35.6 29.8 Other Expenses 36.1 24.4 75.8 42.7 EBITDA 99.5 42.5 134.0% 184.4 59.1 211.7% E
Slide 8: Balance Sheet
Balance Sheet Particulars (Rs. Cr) Sep - 21 Mar - 21 Particulars (Rs. Cr) Sep - 21 Mar - 21 Equity Non-Current assets Equity Share Capital 30.8 30.8 Property, Plant and Equipment 690.9 698.3 Other Equity 884.3 791.2 Capital Work-In-Progress 140.6 131.9 Goodwill 2.0 2.0 Total Equity 915.1 822.0 Other
Slide 9: Company Overview
X14) URE EEET TTT} NULAGWTT ua) Company Overview
Slide 10: India's Largest Phthalic Anhydride (PAN) Manufacturer
India’s Largest Phthalic Anhydride (PAN) Manufacturer 1988 Largest Lowest INCORPORATED IN THE YEAR PAN* MANUFACTURER IN COST PRODUCER OF PAN INDIA 20+ 3rd Largest ISO Certified END USER INDUSTRIES PAN MANUFACTURER IN THE ISO 9001:2015 SERVED WORLD ISO 14001:2015 Largest >50% 2.22 Lakhs MTPA MAN* MAN
Slide 11: Our State of the Art Manufacturing Facilities
Our State of the Art Manufacturing Facilities VISION “To be a well-diversified chemicals company with a leadership position in Phthalic Anhydride Industry’’ Plants are engineered with Technical collaboration with Lurgi Gmbh, Germany and are designed on the low energy-based processes The company has
Slide 12: Integrated Manufacturing Process
Integrated Manufacturing Process PA I PA III PA II PA IV Turbine/Generator Turbine/Generator Turbine/Generator Turbine/Generator /Blower /Blower /Blower /Blower Air Orthoxylene Air Orthoxylene Air O-Xylene Air Orthoxylene Reactor Reactor Reactor Reactor Steam PA (Gases) Steam PA (Gases) PA (Gases) S
Slide 13: Our Manufacturing Capacities of PAN
Our Manufacturing Capacities of PAN Phthalic Anhydride (PAN) Capacity (MTPA) 275,110 Brownfield expansion 222,110 of PAN 53,000 De-bottlenecking 169,110 53,000 53,000 116,110 63,110 53,000 53,000 53,000 45,000 53,000 53,000 53,000 53,000 18,110 18,110 18,110 18,110 18,110 45,000 45,000 45,000 45,000
Slide 14: Serving 20+ End User Industries
Serving 20+ End User Industries Plasticizers Alkyd Resins & Paints Unsaturated Polyester Resin CPC Pigments • Used in manufacturing of • Paints • Thermostat for manufacturing • Inks poly vinyl chloride (PVC) • Lacquers of ͤfiberglass reinforced plastics • Photovoltaic cells products • Dyes insect re
Slide 15: Board of Directors
Board of Directors Shri M M Dhanuka Shri Nikunj Dhanuka Non-executive Chairman Managing Director & CEO Background : B.E. (Chem) and a founder member of the Background : Management Graduate and is associated with the Company along with his brother Late Shri Shyam Sunder Company since 1998. In charge
Slide 16: Investing In Growth
Investing In Growth
Slide 17: Capacity Expansion & Strategies
Capacity Expansion & Strategies PA 4 Plant Phthalic Anhydride Capacity Post PA 5 Expansion (MTPA) • PAN Capacity of 53,000 MTPA Commissioned +24% • Capacity commissioned in Dec 2020 31% 2,75,110 2,22,110 53,000 1,69,110 53,000 Advance Plasticizers (DEP) • Capacity of 8,400 MTPA Commissioned Pre PA4
Slide 18: Strong Operating Cash Flow
Strong Operating Cash Flow Net Debt (Rs in Cr) 144 129 Our Total Repayment of Long-term 68 Debt was Rs 62 Cr in FY21 including 52 26 prepayment of Rs 41 Cr 20 FY17 FY18 FY19 FY20 FY21 H1FY22 Net Cash Flow Operating Activities (Rs in Cr) 198 147 147 95 94 Positive Operating Cash Flow 73 FY17 FY18 FY1
Slide 19: Financial Highlights
Financial Highlights
Slide 20: Historical Financial Highlights
Historical Financial Highlights Total Revenue ^ (Rs. Cr) EBITDA ^ (Rs. Cr) PAT (Rs. Cr) 1,311 1,148 1,128 1,041 1,065 303 190 267 226 147 168 102 117 72 21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 EBITDA Margin (%) PAT Margin (%) 27% 23% 17% 17% 13% 16% 10% 9% 7% 2%
Slide 21: Key Ratios
Key Ratios Net Debt/ Equity (x) Return on Equity(%) 0.23 27.7% 26.0% 0.20 23.2% 18.6% 0.13 0.08 0.04 3.3% FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Return on Capital Employed(%) Net Working Capital Days 43.2% 39 40 37 31.7% 30 28.9% 26.5% 18 5.9% FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20
Slide 22: Way Forward
Way Forward High Capacity Utilization Cater To Increasing & Recovery Process To To Complete Diverse End-user Drive Efficiencies And Brownfield PA-5 Project Industries Of PAN Cost Reduction 04 06 02 05 01 03 To Rampup New Diversification Into Increase International Downstream Advanced Downstream & Ot
Slide 23: Thank You
For further information, please contact I G Petrochemicals Ltd CIN: L51496GA1988PLC000915 Mr. Pramod Bhandari – CFO Email -pbhandari@igpetro.com www.igpetro.com Thank Strategic Growth Advisors Pvt. Ltd. You CIN - U74140MH2010PTC204285 Mr. Shrikant Sangani / Ms. Pankti Majithia Email - shrikant.sanga