Nacl Industries Ltd · NSE:NACLIND
Nacl Industries — Q3 FY2023 Earnings Presentation
44 slides from Nacl Industries's earnings presentation, Feb 14, 2023
Slide 1: Cover letter to stock exchanges
A NJ\GARJUNA NACL NACL Industries Limited Ref: NACL/SE/2022-23 February 14, 2023 1) BSE Limited 2) National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, 5 th Floor, Plot No.Cf 1 Dalal Street, Fort, G Block, Bandra -Kurla Complex Mumbai - 400001 Bandra (E), Mumbai-400051 Stoc
Slide 2: NACL Industries Limited Investor Presentation Q3 FY2023
NACL Industries Limited Investor Presentation | Q3 FY2023
Slide 3: Forward Looking Statement
Forward Looking Statement This presentation may include statements, which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market positio
Slide 4: Operational Highlights
OPERATIONAL HIGHLIGHTS 3 Investor Presentation
Slide 5: Operational Highlights – Q3 & 9M FY23
Operational Highlights – Q3 & 9M FY23 • Record Quarterly Earnings: • Consolidated EBITDA at Rs 3,931 lakhs up 13% YoY • Consolidated Net Profit at Rs 1,653 lakhs, up 15% YoY • Consecutive twelve quarters of QoQ revenue growth • Exports contributed 44% of the total revenues during the third quarter o
Slide 6: Results Summary
RESULTS SUMMARY 5 Investor Presentation
Slide 7: Result Summary – Q3FY23
Result Summary – Q3FY23 (In ₹ lakhs) Revenue EBITDA* PAT 48,663 3,991 1,547 1,600 3,565 40,480 20% 12% 3% Q3FY22 Q3FY23 Q3FY22 Q3FY23 Q3FY22 Q3FY23 • Growth in revenue enabled EBITDA • Despite cost pressure, profit has • Strong revenue growth aided by growth increased by 3% YoY higher realization an
Slide 8: Result Summary – Q3FY23 Revenue Breakup
Result Summary – Q3FY23 (In ₹ lakhs) Revenue Breakup Insecticides 10% Herbicides 49% Q3FY23 Q3FY22 Q3FY23 Q3FY22 16,031 14,568 8,517 5,716 Fungicides 19% Plant Growth Regulators 119% Q3FY23 Q3FY22 Q3FY23 Q3FY22 20,781 17,437 2,692 1,231 7 Investor Presentation
Slide 9: Revenue Split – Q3FY23
Revenue Split – Q3FY23 (In ₹ lakhs) Q3FY23 Q3FY22 Product Category-wise (%) Product Category-wise (%) Formulation Technical Formulation Technical 6% 5% 4% 2% 25% 29% 26% 28% 47% 48% 54% 16% 59% 10% 21% 20% Insecticides Herbicides Fungicides Plant Growth Regulators & others Insecticides Herbicides Fu
Slide 10: Revenue Split – Q3FY23 Geographical
Revenue Split – Q3FY23 (In ₹ lakhs) Q3FY23 Geographical Revenue Split (₹ lakhs) Q3FY22 Geographical Revenue Split (₹ lakhs) 22,413 25 , 00 30 , 00 27,107 14% 12% 25 , 00 21,356 3% 20 , 00 17,563 5% 4% 20 , 00 4% 15 , 00 7% 15 , 00 Exports Exports 55% 10 , 00 10 , 00 19% 77% 5,00 5,00 0 0 Domestic Ex
Slide 11: Result Summary – 9M FY23
Result Summary – 9M FY23 (In ₹ lakhs) Revenue EBITDA* PAT 153,407 13,471 6,114 5,502 11,448 118,095 30% 18% 11% 9M FY22 9M FY23 9M FY22 9M FY23 9M FY22 9M FY23 Insecticides xx% Herbicides xx% Fungicides xx% Plant Growth Regulators xx% Insecticides 13% Herbicides 34% Fungicides 48% Plant Growth Regul
Slide 12: Revenue Split – 9M FY23
Revenue Split – 9M FY23 (In ₹lakhs) 9M FY23 Product Category-wise (%) 9M FY22 Product Category-wise (%) Formulation Technical Formulation Technical 6% 4% 4% 2% 26% 21% 21% 29% 51% 56% 54% 56% 14% 19% 22% 15% Insecticides Herbicides Fungicides Plant Growth Regulators & others Insecticides Herbicides
Slide 13: Profit and Loss – Q3 & 9M FY23 (Standalone)
Profit and Loss – Q3 & 9M FY23 (Standalone) Particulars (₹ in lakhs) Q3 FY23 Q3 FY22 Y-o-Y 9M FY23 9M FY22 Y-o-Y Revenue from Operations (Net of Excise) 48,463 39,976 21% 1,52,488 1,16,729 31% Other Income 200 504 919 1,366 Total Income 48,663 40,480 20% 1,53,407 1,18,095 30% Cost of materials consu
Slide 14: Profit and Loss – Q3 & 9M FY23 (Consolidated)
Profit and Loss – Q3 & 9M FY23 (Consolidated) Particulars (₹ in lakhs) Q3 FY23 Q3 FY22 Y-o-Y 9M FY23 9M FY22 Y-o-Y Revenue from Operations (Net of Excise) 48,214 39,976 21% 152,240 116,729 30% Other Income 176 431 621 1181 Total Income 48,391 40,407 20% 152,861 117,910 30% Cost of materials consumed
Slide 15: Corporate Identity
CORPORATE IDENTITY 14 Investor Presentation
Slide 16: About NACL, Mission, Values
About NACL Mission NACL has been an established player • To be a trusted name in providing high quality in the Agrochemical industry since products and solutions to the farming community 1993. The Company started as an Active Ingredient manufacturer and • To be a trusted custom & contract manufactur
Slide 17: Quick Facts
Quick Facts 1,200+ 31 5 Employee Strength Geographical Million Farmers Presence ( Customers ) 4 30 63 Manufacturing Years of Branded Products Units Experience 16 Investor Presentation
Slide 18: Geographical Reach
Geographical Reach Russia Netherland Uzbekistan Japan USA South Korea China Iran Mexico Taiwan UAE Myanmar Haiti Yemen Thailand Vietnam Panama Nigeria Ethiopia Colombia Uganda 31 - Countries Tanzania Indonesia Brazil Sri Lanka Zambia Singapore 1,200+ - Employees Australia 04 - Manufacturing Plants S
Slide 19: Product Portfolio (1/2) – Technicals
Product Portfolio (1/2) Technicals Insecticides Fungicides Herbicides • Profenofos • Myclobutanil • Pretilachlor • Lambda-Cyhalothrin • Propiconazole • Bispyribac Sodium • Imidacloprid • Tricyclazole • Metribuzin • Bifenthrin • Thifluzamide • Clodinafop-Propargyl • Thiamethoxam • Difenoconazole • Qu
Slide 20: Product Portfolio (2/2)
Product Portfolio (2/2) Status Cairo Fenny Nagarjuna 4G Pest Lock Cannon Fury Nagarjuna Mida Profex Syndicate Insecticides Dxtar Force Super Nagarjuna Mantle Profex Super Task Gr Task SC Dxtar FS Hurricane Plus Nagarjuna Spice Pymet Ennova Monocrown Nagarjuna Trust Quick 50% SP Warrior Warrior Plus
Slide 21: Timeline (1/2)
Timeline (1/2) Acquired two Pesticide Commencement of Chemagro International The 3rd Technical The 4th Technical Formulation Plants at Monocrotophos (MCP) Limited became Nagarjuna Manufacturing block Manufacturing block Ethakota in East Godavari commercial production Agrichem Limited and the was est
Slide 22: Timeline (2/2)
Timeline (2/2) Registered highest ever turnover of Rs.1640 crores for 3rd consecutive year State-of-the-Art Co-marketing partnership Registered highest Research & with leading Japanese turnover of Rs.1015 Received the “Best Received Agri Business Development Center chemical companies for crores Mana
Slide 23: Board of Directors
Board of Directors Mrs. K Lakshmi Raju Mr. M Pavan Kumar Mr. C. Varada Rajulu Mr. N Vijayaraghavan Mr. Sudhakar Kudva Mr. Raghavender Mateti Chairperson & Managing Director & Executive Director - Independent Director Independent Director Independent Director Non-Executive Director CEO Corporate Affa
Slide 24: Senior Management Team (1/2)
Senior Management Team (1/2) Mr. M Pavan Kumar Mr. C. Varada Rajulu Mr. G. Jagannadha Rao Mr. R.K.S Prasad Managing Director & CEO Executive Director - President – Executive VP – Corporate Affairs International key accounts Finance & CFO Mr. Amit Taparia Mr. Harish Chandra Bijlwan Mr. Satish Kumar S
Slide 25: Senior Management Team (2/2)
Senior Management Team (2/2) Mr. Seshagiri Rao Mr. Srinivasa Rao Bitra Mr. S. Mani Prasad Dr. Sunil Kumar Singh Vice President- Plant Senior General Manager & Head – Human Potential Head - Research & Operations (Technical Plant) Head - Plant Operations Development Development (Formulations Unit) Dr.
Slide 26: NACL's Business Model
NACL’s Business Model An integrated and growing footprint on an extended value chain 63 Branded Products, 47 NACL stock points and Thousands of retail Technical outlets across India manufacturing plants under the Company’s with a combined direct to retail production capacity of approach 23,000 TPA A
Slide 27: Business Strategy
BUSINESS STRATEGY Strengthening and enhancing global collaborations Substantial capacity enhancement in Agrochemical, Specialty Chemicals & Continue to invest in Product Registrations, Advanced Intermediaries in pursuit of the Process know –how, Brand building core manufacturing interest Tap new geo
Slide 28: NACL – A Unique Investment Case
NACL – A Unique Investment Case RESEARCH & GOVERNANCE DEVELOPMENT & LEADERSHIP Capable R&D team with Accomplished Board Members state-of-the-art, GLP and seasoned professional CONSISTENT accredited facility, to leadership with decades of GROWTH DISTRIBUTION develop differentiated industry experience
Slide 29: Certificates
Certificates RC certificate GLP certificate DSIR R&D Facility ISO Accreditations NABL Accreditations ISO 45001:2018 ISO 14001:2015 ISO 9001:2015 R&D Facility Ethakota Unit Srikakulam Unit 28 Investor Presentation
Slide 30: Awards and Accolades
Awards and Accolades Greentech Award Suraksha Certificate of Best Management Water Industry Champion ABSA Company of Puraskar Appreciation Award Management Award 2021 the Year Award NACL has bagged Award 2022 the “Greentech NACL’s Srikakulam NACL’s Ethakota NACL’s manufacturing NACL's Srikakulam NAC
Slide 31: Key External Drivers of the Business
Key External Drivers of the Business Indian Agrochemical Market India is the fourth-largest producer of agrochemicals in the world after USA, Japan and China. The Indian agrochemical market are expected to continue to grow between 5% and 6% through 2030.Government has identified the agrochemical ind
Slide 32: Research & Development
Research & Development R&D labs at Shadnagar and Srikakulam are DSIR Development of new generation, environment recognized. Quality Control labs in the above locations and friendly and safe Formulations Ethakota are NABL accredited. Process development of Active Ingredients and Intermediates R&D lab
Slide 33: Production Capacity
Production Capacity Ethakota Unit 1, AP Ethakota Unit 2, AP PRODUCTION CAPACITY Liquid Formulation 12,000 KL Powder Formulation 5,600 MT Granule Formulation 35,475 MT Technical Grade 19,000 MT Srikakulam Unit, AP Dahej Unit, GJ 32 Investor Presentation
Slide 34: Capacity Expansion Plans
Capacity Expansion Plans Newly Commissioned Project The Greenfield site at Dahej, Gujarat has successfully commenced commercial production with a capacity of 6,000MT /Annum from 28 th December, 2022 NACL Spec-Chem Limited, It proposes to establish a R&D lab and a pilot plant focused on specialty che
Slide 35: Green Field Project at Dahej (Gujarat) Completed
Green Field Project at Dahej (Gujarat) Completed 34 Investor Presentation
Slide 36: Sustainability – Environment, Health & Safety
Sustainability – Environment, Health & Safety Manufacturing Plants are certified Integrated Management Systems Strong EHS systems, processes, related to quality, environment, inspection and training who health and safety (ISO) with enhance awareness and ensure adequately green belt cover practices S
Slide 37: Shareholder's Information
SHAREHOLDER’S INFORMATION 36 Investor Presentation
Slide 38: Shareholders Information
Shareholders Information Stock Information (as on 30th January, 2023) (As on 31th December 2022) Market Capitalization (₹) 18,95 Cr Shareholding Pattern (%) Shares Outstanding 19.83 Cr Free Float 300.76 Cr Symbol (BSE) / (NSE) 524709 / NACLIND 34.53% Stock Performance Chart (as of January, 2023) 63.
Slide 39: Performance Track Record
PERFORMANCE TRACK RECORD 38 Investor Presentation
Slide 40: Historic Quarterly Trend (1/2)
Historic Quarterly Trend (1/2) (₹ in lakhs) Revenue from operations 7,000 EBITDA 60,00 0 56,491 6,000 5,846 47,534 48,463 47,287 50,00 0 44,285 4,729 5,000 39,976 4,259 4,277 40,00 0 3,991 34,417 33,043 4,000 3,634 32,468 3,565 30,172 3,521 30,00 0 27,663 3,154 26,475 25,202 2,888 23,868 3,000 2,383
Slide 41: Historic Quarterly Trend (2/2)
Historic Quarterly Trend (2/2) (₹ in lakhs) PBT PAT 4,500 3,500 4,012 4,000 3,001 3,000 3,500 3,409 2,524 2,500 3,000 2,921 2,796 2,102 2,500 2,156 2,000 1,869 2,041 2,239 1,600 2,136 1,714 1,513 1,547 2,000 1,905 1,500 1,431 1,500 1,432 1,000 910 1,025 804 644 1,000 702 536 500 500 500 424 309 143
Slide 42: Financial Performance (1/2)
Financial Performance (1/2) (₹ in lakhs) Revenue from Operations EBITDA and EBITDA Margin CAGR 17% CAGR 27% 10.61% 9.49% 18,00 12 . 0% 16,00 7.44% 14,00 12,00 164,016 10,00 119,137 6.0% 0 12,806 15,725 8,000 101,489 6,000 4,000 7,607 2,000 - 0.0% 0 FY20 FY21 FY22 FY20 FY21 FY22 EBITDA EBITDA Margin
Slide 43: Financial Performance (2/2)
Financial Performance (2/2) (₹ in lakhs) Working Capital Days Net Worth 107 79 82 48,395 41,148 35,053 FY20 FY21 FY22 FY20 FY21 FY22 ROCE and ROE Debt to Equity (x) 22.01% 0.24 20.68% 0.21 13.57% 15.71% 12.22% 0.10 4.50% FY20 FY21 FY22 ROCE ROE FY20 FY21 FY22 42 Investor Presentation
Slide 44: Thank You
NACL Industries Limited Plot No 12-A, C Block, Lakshmi Towers, Nagarjuna Hills, Punjagutta, Hyderabad - 500082, Telangana, India +91-40 -24405100 info@naclind.com https://naclind.com/ S-Ancial Technologies Pvt. Ltd. (Investor Relations) 215, Shivshakti Industrial Estate, J. R. Boricha Marg, Lower Pa