Krishana Phoschem Ltd. · NSE:KRISHANA
Krishana Phoschem — Q2 FY2023-24 Earnings Presentation
18 slides from Krishana Phoschem's earnings presentation, Nov 10, 2023
Slide 1: NSE filing cover letter for results presentation
Date : 10.11.2023 National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex, Bandra (East) Mumbai-400 051 Company Code: KRISHANA Dear Sir/Madam, Sub: Results Presentation for the Quarter -2 for the financial year 2023-24 Pursuant to Regulation 30 of the Securities and Exchange Boa
Slide 2: Results Presentation Q2 & H1 FY 2023-24
KRISHANA PHOSCHEM LIMITED (A Unit of Ostwal Group of Industries) Results Presentation Q2 & H1 FY 2023-24
Slide 3: Forward Looking Statement
Forward Looking Statement Disclaimer:- This presentation may contains “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Krishana Phoschem Limited (KPL) future business developments and eco
Slide 4: Q2FY24 Highlights
Q2FY24 Highlights • Q2 was focused on keeping the new capacities • New DAP/NPK plant commenced in Mar 23 has reached 36% capacity utilisation • Phosphoric Acid plant commenced in Mar 23 has reached 30% utilisation • Revenue at INR 2,649 million, has grown by 309% YoY • EBITDA at INR 464 million has
Slide 5: Performance Trend
Performance Trend Revenue (Rs. in Mn) EBITDA (Rs. In Mn) Margin (%) 23.9% 2,649 19.6% 20.2% 17.5% 1,654 13.7% 1,453 464 648 334 465 155 199 91 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Subsidy Receivable Subsidy Outstanding (Rs. In Mn) PAT (Rs. In Mn) Margin (%) 1,016 15.
Slide 6: Production & Sales Volume (MT)
Production & Sales Volume (MT) 2QFY23 1QFY24 2QFY24 2QFY23 1QFY24 2QFY24 SALES VOLUME (MT) 36526 29807 30430 27608 16848 0 SSP NPK 2QFY23 1QFY24 2QFY24 2QFY23 1QFY24 2QFY24 1QFY24 2QFY24 Raw Material 7549 15611 20006 Production 17823 5180 14267 (MT) 36740 16780 BRP Sulphuric Acid Phosphoric Acid 5
Slide 7: Capacity & Utilisation
Capacity & Utilisation Single Super Phosphate NPK 120,000 MTPA 330,000 MTPA Finished 100.0% 100.0% 100.0% 35.9% Goods 33.4% 1QFY24 2QFY24 2QFY23 1QFY24 2QFY24 Beneficiated Rock Phosphate Sulphuric Acid Phosphoric Acid 200,000 MTPA 264,000* MTPA 30.5% 63.1% Raw 71.8% 56.7% 20.9% Material 71.4% 62.4%
Slide 8: Key Ratios
Key Ratios H1 FY23 H1 FY24 Operational EBITDA/tonne (Rs.) 2,550 7,979 Financial Debt-Equity Ratio 0.78 1.51 Current Ratio 2.29 1.24 Working Capital (Rs. in Mn) 1153 810 Total Debt (Rs. in Mn) 1929 4394 ROCE (%) 5% 8% RONW (%) 6% 11% Debtors (Days) 82 87 Creditors (Days) 96 82 7
Slide 9: Results Table
Results Table Q2 Y-o-Y Q1 Q-o-Q H1 Y-o-Y Full Year (Rs. in Mn) FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) FY2023 Revenue from operations 2648.9 648.3 309 1653.6 60 4302.6 1310.0 228 3228.2 Other income -8.7 1.9 -570 9.6 -191 0.9 11.9 -93 28.9 Total income 2640.2 650.2 306 16
Slide 10: Chairman's Quote
Chairman’s Quote Commenting on the financial performance of the company for Q2FY24, Mr. MK Ostwal said, “Krishana Phoschem has recently made giant strides in its manufacturing ability by adding NPK/DAP. This has enabled company to successfully record three-fold growth in revenues. The capacity addit
Slide 11: Business Overview
Business Overview ▪ Krishana Phoschem Ltd. (KPL), a part of Ostwal Group of Industries, is led by Mr. MK Ostwal, a first generation technocrat entrepreneur. ▪ Mr. Ostwal is regarded as one of the pioneers of Single Super Phosphate (SSP) manufactured from BRP. He along with his sons Mr. Pankaj Ostwal
Slide 12: History of Krishana Phoschem Ltd
History of Krishana Phoschem Ltd 2012 2018 Company started 2017 Company started selling 2023 Products under self developed production of Single Super Acquired & relocated a plant Company got listed on NSE Brand Name “Annadata” Phosphate Fertilizer from Spain to Meghnagar Company setup its own Sulphu
Slide 13: State of Art Facility at Strategic Location
State of Art Facility at Strategic Location Rajasthan Dahej Seaport Gujarat Madhya Pradesh Maharashtra Hazira Seaport JNPT Seaport Meghnagar, Madhya Pradesh 12
Slide 14: Only Manufacturing Group in India with Full Backward Integration
Only Manufacturing Group in India with Full Backward Integration Beneficiated Rock Sulphuric Acid & Single Super SSP Powder & Granular form Phosphate Water Phosphate Annual capacity : 120,000 MT Beneficiation of Low grade rock to High In house Sulphuric grade rock plant with acid plant with Phosphor
Slide 15: First to implement tech-enabled marketing with deep network
First to implement tech-enabled marketing with deep network STRONG Expansive distributors and FORMIDABLE marketing reach in areas of SUSTAINABLE market & EXPANDING VISIONARY ‘Marketing Strategy’ 60 1,400 15,000 Marketing Dealers & Wholesalers professionals retailers Using Technology to directly conn
Slide 16: Competitive Advantage
Competitive Advantage PROVEN track ONLY Fully Backward BENEFITS of record Manufacturer Economies of Scale Time and again promoters have Ability to beneficiate a low-grade Rock Ostwal Group is 2nd largest SSP acquired & turnaround loss making Phosphate to High Grade Rock manufacturer enabling discoun
Slide 17: Our Promoters
Our Promoters Mr. M.K. Ostwal (Promoter, Chairman & Director) Aged 67 years has a vast 43 years experience in the sector setting up various fertilizer capacities. He is regarded as is one of the pioneers of BRP based SSP technology. A commerce graduate and founder of Ostwal Group of Industries is th
Slide 18: Thank you
Thank you KRISHANA PHOSCHEM LIMITED (A Unit of Ostwal Group of Industries ) Reg. and Corp. Off.: 5-O-20, Basement, R.C. Vyas Colony, Bhilwara (Rajasthan) 311001 CIN: L24124RJ2004PLC019288 Website: www.krishnaphoschem.com Email: secretarial@krishnaphoschem.com
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