Nacl Industries Ltd · NSE:NACLIND
Nacl Industries — Q3 FY2024 Earnings Presentation
36 slides from Nacl Industries's earnings presentation, Feb 29, 2024
Slide 1: Cover letter to stock exchanges
A NA.GAR.JUNA NACL NACL Industries Limited Ref: NACL/SE/2023-24 February 29, 2024 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 Sto
Slide 2: NACL Industries Limited Investor Presentation Q3 & 9M FY 2023-24
NACL Industries Limited Investor Presentation Q3 & 9M FY 2023 -24
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
Slide 5: Operational Highlights – Q3 and 9M FY24
Operational Highlights – Q3 and 9M FY24 • The quarter and nine-month period witnessed a confluence of adverse factors that hampered performance. Weaker global demand, steep in input prices, supply chain disruptions, steep drop in product prices and others, that hampered sales and put pressure on mar
Slide 6: Results Summary
RESULTS SUMMARY
Slide 7: Result Summary – Q3FY24
Result Summary – Q3FY24 (In ₹ lakhs) 60,000.00 5,000.00 2,000.00 1,600.00 48,663.00 3,991.00 4,000.00 1,000.00 40,000.00 35,563.00 3,000.00 - 2,000.00 20,000.00 Q3FY23 Q3FY24 1,000.00 334.00 (1,000.00) 0.00 - (2,000.00) Q3FY23 Q3FY24 Q3FY23 Q3FY24 (1,323.00) Revenue EBITDA PAT Revenue Breakup Insect
Slide 8: Revenue Split – Q3 FY24
Revenue Split – Q3 FY24 Q3 FY24 Q3 FY23 Product Category-wise (%) Product Category-wise (%) Formulation Technical Formulation Technical 13% 2% 6% 5% 24% 27% 47% 46% 23% 50% 46% 55% 16% 14% 21% 5% Insecticides Herbicides Fungicides Plant Growth Regulators, Nematicides & others Insecticides Herbicides
Slide 9: Result Summary – 9M FY24
Result Summary – 9M FY24 (In ₹ lakhs) 1,60,000.00 1,53,407.00 13,471.00 10,000.00 15,000.00 6,114.00 1,50,000.00 10,000.00 5,000.00 1,40,000.00 1,33,229.00 1,30,000.00 5,000.00 - 487.00 9M FY23 9M FY24 1,20,000.00 0.00 (5,000.00) 9M FY23 9M FY24 9M FY23 9M FY24 (4,125.00) Revenue EBITDA PAT Revenue
Slide 10: Revenue Split – 9M FY24
Revenue Split – 9M FY24 9M FY24 9M FY23 Product Category-wise (%) Product Category-wise (%) Formulation Technical Formulation Technical 12% 3% 5% 3% 28% 26% 21% 19% 48% 52% 48% 57% 14% 21% 22% 21% Insecticides Herbicides Fungicides Plant Growth Regulators, Nematicides & others Insecticides Herbicide
Slide 11: Profit and Loss – Q3 & 9M FY24 (Standalone)
Profit and Loss – Q3 & 9M FY24 (Standalone) Particulars (₹ in lakhs) Q3FY24 Q3FY23 Y-o-Y (%) Q2FY24 Q-o-Q (%) 9M FY24 9M FY23 Y-o-Y (%) Revenue from operations 35,376 48,463 -27% 58,677 -40% 1,32,654 1,52,488 -13% Other income 187 200 -7% 100 87% 575 919 -37% Total Income 35,563 48,663 -27% 58,777 -
Slide 12: Profit and Loss – Q3 & 9M FY24 (Consolidated)
Profit and Loss – Q3 & 9M FY24 (Consolidated) Particulars (₹ in lakhs) Q3 FY24 Q3 FY23 Y-o-Y (%) Q2 FY24 Q-o-Q (%) 9M FY24 9M FY23 Y-o-Y (%) Revenue from operations 36,540 48,215 -24% 58,026 -37% 1,32,157 1,52,240 -13% Other income 152 176 -14% 63 141% 501 621 -19% Total Income 36,692 48,391 -24% 58
Slide 13: Corporate Identity
CORPORATE IDENTITY
Slide 14: About NACL, Mission and Values
About NACL Mission NACL established itself as an • To be a trusted name in providing high quality Agrochemical player in 1993. The products and solutions to the farming community Company started as an Active Ingredient manufacturer and has • To be a trusted custom & contract manufacturing built a si
Slide 15: Quick Facts
Quick Facts 1,400+ 31 5 Employee Strength Geographical Million Farmers Presence ( Customers ) 4 30 66+ Manufacturing Years of Branded Products Units Experience 14 Investor Presentation
Slide 16: Geographical Reach
Geographical Reach Russia Netherland Uzbekistan Japan USA South Korea China Iran Mexico Taiwan UAE Myanmar Haiti Yemen Thailand Vietnam Panama Nigeria Ethiopia Philippines Colombia Uganda 31 - Countries Tanzania Indonesia Brazil Sri Lanka Zambia Singapore 1,400+ - Employees Australia 04 - Manufactur
Slide 17: 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 18: Product Portfolio (2/2)
Product Portfolio (2/2) Status Bushi Ennova Hurricane Plus Nagarjuna Mida Syndicate Cairo Fenny Monocrown Profex Insecticides Task Gr Cannon Force Nagarjuna 4G Profex Super Task SC Dxtar Force Super Nagarjuna Mantle Pymet Warrior Dxtar FS Fury Nagarjuna Spice Pest Lock Warrior Plus Quick SP Trust Co
Slide 19: NACL's Business Model
NACL’s Business Model 66 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 state-of-the-art Formulation unit with Knowledge Delivery R&D
Slide 20: Business Strategy
BUSINESS STRATEGY Strengthening and enhancing global collaborations Substantial capacity enhancement strategy in Agrochemical, Specialty Chemicals & Continue to invest in Product Registrations, Advanced Intermediaries Process know –how, Brand building Tap new geographies and Farmer Centric product s
Slide 21: 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 22: 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 21 Investor Presentation
Slide 23: 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 24: 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 25: 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 26: 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 17,000 MT (SKLM) Technical Grade 6,000 MT (Dahej) Srikakulam Unit, AP Dahej Unit, GJ 25 Investor Presentation
Slide 27: Capacity Expansion Plans
Capacity Expansion Plans BROWNFIELD PROJECT GREENFIELD PROJECTS NACL Industries Limited, Srikakulam, NACL Multichem Private Limited, Andhra Pradesh Ranasthalam Mandal, Srikakulam Srikakulam Technical Plant is in process of NACL Multichem, a Wholly Owned Subsidiary of increasing the capacity from 17,
Slide 28: 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 29: Performance Track Record
PERFORMANCE TRACK RECORD
Slide 30: Historic Quarterly Trend (1/2)
Historic Quarterly Trend (1/2) (₹ in lakhs) Revenue from operations 70,000 8,000 EBITDA 7,306 60,007 58,677 60,000 56,491 6,000 5,846 4,729 50,000 47,534 48,463 47,287 4,259 4,277 3,991 44,285 4,000 3,634 3,565 3,521 39,976 3,154 3,103 38601 2,888 2,383 40,000 34,417 35,376 2,138 2,044 32,468 33,043
Slide 31: Historic Quarterly Trend (2/2)
Historic Quarterly Trend (2/2) (₹ in lakhs) PBT PAT 8,000 5,000 4,165 4,000 6,000 5,565 3,001 3,000 2,524 4,012 2,102 4,000 3,409 1,869 1,714 1,5471,600 2,000 2,921 2,796 1,4311,513 2,041 2,136 2,239 858 910 1,905 2,156 1,000 644 2,000 1,432 536 500 1,112 309 804 1,025 702 424 - - Q1 Q2 Q3 Q4 Q1 Q2
Slide 32: Financial Performance (1/2)
Financial Performance (1/2) (₹ in lakhs) Revenue from Operations EBITDA and EBITDA Margin CAGR 21% CAGR 18% 25,0 00 12. 00% 2,11,600 20,0 00 10.61% 9.49% 15,0 00 10,0 00 9.76% 1,19,137 1,63,335 5,00 0 12,806 15,725 20777 - 6.0 0% FY21 FY22 FY23 FY21 FY22 FY23 EBITDA EBITDA Margin PBT and PBT Margin
Slide 33: Financial Performance (2/2)
Financial Performance (2/2) (₹ in lakhs) Working Capital Days Net Worth 121 82 107 48,395 79 35,053 41,148 57741 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 ROCE and ROE Debt to Equity (x) 25.83% 20.68% 22.01% 0.24 17.80% 0.21 0.22 15.71% 12.22% FY21 FY22 FY23 ROCE ROE FY21 FY22 FY23 32 Investor Present
Slide 34: Shareholder's Information
SHAREHOLDER’S INFORMATION
Slide 35: Shareholders Information
Shareholders Information Stock Information (as on December 31, 2023) (As on December 31, 2023) Market Capitalization 1,483 Cr Shareholding Pattern (%) Shares Outstanding 19,89,51,844 Symbol (BSE) / (NSE) 524709 / NACLIND 7,10,49,928 Stock Performance Chart (as of December, 2023) 12,69,15,859 9,86,05
Slide 36: 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