Aarti Industries Ltd · NSE:AARTIIND
Aarti Industries — Q3 FY24 Earnings Presentation
21 slides from Aarti Industries's earnings presentation, Feb 9, 2024
Slide 1: Exchange filing cover letter for results presentation
February 9, 2024 To, Listing/ Compliance Department To, BSE LTD. Listing/Compliance Department Phiroze Jeejeebhoy Towers, National Stock Exchange of Dalal Street, India Limited Mumbai – 400 001. “Exchange Plaza”, Plot No. C/1, G Block Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051. BSE CODE –5
Slide 2: Aarti Industries Limited Q3 FY24 Results Presentation
Unlocking Opportunities Building a Stronger Future Aarti Industries Limited • Q3 FY24 Results Presentation
Slide 3: Disclaimer
Disclaimer AARTI INDUSTRIES LIMITED may, from time to time, make written and oral forward-looking statements, in addition to statements contained in the company's filings with BSE Limited [BSE] and National Stock Exchange of India Limited [NSE], and our reports to shareholders. The company does not
Slide 4: Agenda
Agenda 01 02 03 Company Q3 & 9M FY24 Growth Overview Financial Opportunity Results & Strategy 3
Slide 5: Our Ethos
Our Ethos PURPOSE Right Chemistry for a Brighter Tomorrow CARE VISION To emerge as a Global Partner of Choice for leading consumers of speciality INTEGRITY chemicals and intermediates MISSION Delighted Stakeholders EXCELLENCE
Slide 6: About Aarti Industries Limited
About Aarti Industries Limited Overview Financial Trends ▪ Established by first generation technocrats in 1984 ▪ Specialized in Benzene-based derivatives 15% 15% ₹6,252 Cr. ▪ Integrated operations and high-cost optimization ▪ Key value chains include Nitro Chloro Benzenes, Di-Chlorobenzenes, 5-Year
Slide 7: Key Strengths
Key Strengths Global Player in Benzene Well placed to benefit Strong Focus on R&D Well Diversified Across Thrust on based Derivatives with from Industry Tailwinds and Process Innovation Multiple Dimensions Sustainability Integrated Operations Top 3 Alternate to 40+ 100+ 44% In Chlorination and China
Slide 8: Key End-Use Industries Served; Well Diversified Across Various Regions
Key End-Use Well Diversified Across Various Regions Industries Served Textiles and Fabrics Export North America 13% Europe 11% 48 Paints China 6% Medicines % Japan 3% Air Fresheners 52 Domestic Agrochemicals ROW 15% Polymers & Additives Oil Refineries Key Customers Revenue Break-up (FY 2022-23) 12 A
Slide 9: Sustainability Is At The Core Of What Aarti Does
Sustainability Is At The Core Of What Aarti Does Environment • 11 sites are Zero Liquid Discharge (ZLD) • Total water recycled ~44% of the total water withdrawal in FY23 • More than 6,500 KL water harvested through rainwater in FY23 • Recycled 92% waste, remaining 8% is responsibly disposed Social •
Slide 10: Pioneering R&D Excellence
Pioneering R&D Excellence State-of-the-art R&D centres Planned product introductions, more than 50% 2 at Maharashtra & Gujarat 40+ products will be launched first time in India 19 PhDs and 18,000 Covered by an ultra-modern 7 Patents filed 220+ scientists Sq. Ft. synthesis laboratory Fully Digitised
Slide 11: Agenda
Agenda 01 02 03 Company Q3 & 9M FY24 Growth Overview Financial Opportunity Results & Strategy 10
Slide 12: Business updates
Business updates December 2023 January 2024 Entered into a long-term supply contract with a Global Entered into a 4-year supply contract worth over Rs. 6,000 Agrochem major for a niche agrochemical intermediate with a crore with a multinational conglomerate for a niche specialty revenue potential of
Slide 13: Q3 & 9M FY24 Highlights (Consolidated)
Q3 & 9M FY24 Highlights (Consolidated) Revenues EBITDA Profit Before Tax Profit After Tax 18.30% 36.26% 15.02% 42.68% 137 1,889 289 160 124 1,854 268 233 117 91 82 1,597 Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY24 Revenues EBITDA Profit Before Tax
Slide 14: Performance Overview – Q3 FY24
Performance Overview – Q3 FY24 Revenue of Rs. 1,889 crore; an EBITDA of Rs. 268 crore; an increase PAT of Rs. 124 crore; an increase of increase of 18% over Q2 FY24 of 15% over Q2 FY24 36% over Q2 FY24 • Sequential improvement in volumes owing to better demand visibility for products targeted at app
Slide 15: Chairman's Message
Chairman’s Message Commenting on the performance for Q3 FY24, Mr. Rajendra Gogri – Chairman & Managing Director at Aarti Industries Limited said: “The recent few months has been noteworthy for Aarti Industries, with the attainment of two major high value orders on a consecutive basis from prominent
Slide 16: Q3 & 9M FY24 – Consolidated Profit & Loss
Q3 & 9M FY24 – Consolidated Profit & Loss Particulars (Rs. Crore) Q3 FY24 Q3 FY23 Y-o-Y (%) Q2 FY24 Q-o-Q (%) 9M FY24 9M FY23 Y-o-Y (%) Gross Income from 1,889 1,854 1.9% 1,597 18.3% 5057 5,456 -7.3% Operations Exports 1,100 888 23.9% 854 28.9% 2,628 2,593 1.3% % of Total Income 58.2% 47.9% 53.5% 52
Slide 17: Agenda
Agenda 01 02 03 Company Q3 FY24 Growth Overview Financial Opportunity Results & Strategy 16
Slide 18: Future Growth Projects: Driven by R&D & Innovation
Future Growth Projects: Driven by R&D & Innovation ● Adding new chemistries and Value added products Manufacturing Outsourcing / o 40+ products for Chemicals through Strategic Alliances and Integrated Value Chain. o Chloro Toulene Base capacity: Setting up Universal ~ 42000 TPA Multipurpose Plants (
Slide 19: Future Growth Opportunities & Outlook
Future Growth Opportunities & Outlook Growth Strategy Outlook Partnership with Global Companies • Collaborate with world’s leading chemical companies • Macro Concerns on demand continuing from FY23 and is FY24 expected to progressively improve in H2FY24. • Build on existing partnerships and build ne
Slide 20: About Us
About Us Aarti Industries Limited (AIL) is one of the most competitive benzene-based speciality chemical companies in the world. AIL is a rare instance of a global speciality chemicals company that For further information please log on to combines process chemistry competence (recipe focus) with sca
Slide 21: Thank you
Thank you