Jg Chemicals Limited · NSE:JGCHEM
Jg Chemicals — Q2/H1 FY25 Earnings Presentation
22 slides from Jg Chemicals's earnings presentation, Nov 14, 2024
Slide 1: Cover letter: Investor Presentation for Quarter and Half Year ended 30 September 2024
14th November, 2024 To, To, Listing Department Corporate Relations Department, National Stock Exchange of India Ltd, BSE Ltd., Exchange Plaza, 5th Floor P.J. Towers, Bandra – Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400051 Mumbai – 400001 NSE Code – JGCHEM BSE Code – 544138 Dear Sir/M
Slide 2: Earnings Presentation Q2/H1 - FY25
Earnings Presentation Q2/H1 - FY25
Slide 3: India's Largest Zinc Recycling Company
India’s Largest Zinc Recycling Company • JG Chemicals Limited (JGCL), incorporated in 1975, is the largest manufacturer of Zinc Oxide in India. FY24 Revenue Segmentation • The company started off with a small plant in Kolkata in 1975 with a capacity of about 600 MTPA, and has today 1.18% 2.22% scale
Slide 4: Geographical Presence
Geographical Presence Europe Other SAARC Countries Plan t 1, West Thailand Ben gal India Plan t 2, West Ben gal Constitutes Naidupe ta, And hra 99.25% Pra desh of total exports Australia from India • Direct customer relations – Over 95% of sales are directly to end customers, helps build strong rela
Slide 5: Marquee Clients
Marquee Clients 4 Investor Presentation
Slide 6: Manufacturing plants
Manufacturing plants West Bengal Naidupeta, Andhra Pradesh Plant 1: Jangalpur The only IATF approved ZnO facility globally and also has WHO Capacity: GMP certification (amongst the very few plants globally to have 14,400 MTPA for Zinc Oxide this). 5,040 MTPA for Recycled Zinc Ingots Capacity: 43,704
Slide 7: Environmentally Friendly Manufacturing Process
Environmentally Friendly Manufacturing Process Environmentally Friendly Manufacturing Process Use of recycled/ secondary zinc instead of primary Zinc Using recycled metal instead of finite virgin ores JGCL is the largest zinc recycling company in India. Our business 73% 82% exemplifies circular econ
Slide 8: Leading Market Position With Diversified Customer Base
Leading Market Position With Diversified Customer Base ZnO is a highly versatile chemical, it is used is for various industries with 80+ grades sold for a wide spectrum of industrial applications requiring high customization to manufacture from zinc scrap making it a complex manufacturing process ha
Slide 9: Key Strengths
Key Strengths JGCL has a very Only IATF certified facility strong brand recall, (Naidupeta) in India & image and goodwill 9 out of Top 10 global Sell over 80 grades obtained licenses to mfg. amongst the and Top 11 domestic of ZnO as per ZnO in with IPBP/USP/ customers which it has Tyre manufacturers
Slide 10: High Entry Barriers in the Industry
High Entry Barriers in the Industry Long drawn process for Customer Approvals Strong Sourcing Network of Zinc Scrap Stringent Regulatory Approvals On an average it takes about 4 to 5 years minimum The procurement of zinc scrap, which is recycled by Various licenses like IATF, WHO GMP and others to g
Slide 11: Future Growth Strategies
Future Growth Strategies Expand Product Portfolio Deeper Penetration in Domestic Markets Ramp-up of Zinc Sulphate Business Expansion to New Geographies Diversify Customer Applications in End-user Industries 10 Investor Presentation
Slide 12: Q2/H1-FY25 Financial Performance
Q2/H1-FY25 Financial Performance 11 Investor Presentation
Slide 13: Financial Highlights
Financial Highlights Q2-FY25 FINANCIAL HIGHLIGHTS H1-FY25 FINANCIAL HIGHLIGHTS Revenue From Revenue From Operations EBITDA EBITDA Margin Operations EBITDA EBITDA Margin INR 2,121 Mn INR 246 Mn 11.60% INR 4,146 Mn INR 475 Mn 11.46% Net Profit PAT Margin Basic/Diluted EPS Net Profit PAT Margin Basic/D
Slide 14: H1-FY25 Operational Highlights
H1-FY25 Operational Highlights • There has been strong growth in Q2, which was driven by overall strong demand across all user segments. • Strong volume growth across the entire zinc chemicals business. • Zinc sulphate segment has been able to sustain its growth witnessed in Q1-FY25. • The company i
Slide 15: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q2-FY25 Q2-FY24 Y-o-Y Q1-FY25 Q-o-Q Revenue from Operations 2,121 1,527 38.9% 2,025 4.7% Other Income 35 9 288.9% 5 600.0% Total Income 2,156 1,536 40.4% 2,030 6.2% Total Expenses 1,910 1,447 32.0% 1,801 6.1% EBITDA* 246 89 176.4% 229 7.4% EBITDA
Slide 16: Half-Yearly Financial Performance
Half-Yearly Financial Performance Particulars (INR Mn) H1-FY25 H1-FY24 Y-o-Y Revenue from Operations 4,146 3,250 27.6% Other Income 40 31 29.0% Total Income 4,186 3,281 27.6% Total Expenses 3,711 3,116 19.1% EBITDA* 475 165 187.9% EBITDA Margins (%) 11.46% 5.08% 638 Bps Depreciation and Amortization
Slide 17: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Revenue from Operations 6,129 7,846 6,677 4,146 Other Income 102 96 77 40 Total Income 6,231 7,942 6,754 4,186 Total Expenses 5,575 7,091 6,224 3,711 EBITDA 656 851 530 475 EBITDA Margins (%) 10.70% 10.85% 7.94% 11.46% Depreciat
Slide 18: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY23 FY24 H1-FY25 Particulars (INR Mn) FY23 FY24 H1-FY25 EQUITY 2,135 4,055 4,447 NON-CURRENT ASSETS 415 551 602 Share Capital 317 392 392 (a) Property, plant & equipment 353 417 402 Other Equity 1,759 3,592 3,971 (b) Capital Work-in-progress 9 - 3 Non C
Slide 19: Financial Highlights
Financial Highlights OPERATIONAL REVENUE (INR MN) EBITDA (INR MN) & EBITDA MARGIN NET WORTH (INR MN) (%) 4,313 7,846 3,935 6,677 10.9% 6,129 10.7% 11.5% 7.9% 4,146 1,999 851 1,477 656 530 475 FY22 FY23 FY24 H1 FY25 FY22 FY23 FY24 H1 FY25 FY22 FY23 FY24 H1 FY25 18 Investor Presentation
Slide 20: Capital Market Information
Capital Market Information Shareholding Pattern (As On 30th September, 2024) Market Data (INR) (As on 30th September, 2024) DII, 1.29% AIF, 2.48% FII, 6.61% Face Value 10.00 Public, 18.63% Promoters, 70.99% CMP 398.45 52 Week H/L 464.00/171.00 Marquee Shareholders MASSACHUSETTS INSTITUTE OF 4.62% TE
Slide 21: Disclaimer
Disclaimer JG Chemicals Limited 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 in all events no
Slide 22: Thank You
Thank You 21 Investor Presentation