Jg Chemicals Limited · NSE:JGCHEM
Jg Chemicals — Q4 FY24 Earnings Presentation
16 slides from Jg Chemicals's earnings presentation, May 1, 2024
Slide 1: Earnings Presentation Q4-FY24 / FY24
Earnings Presentation Q4-FY24 / FY24
Slide 2: Company Overview
Company Overview • JG Chemicals Limited (JGCL), incorporated in 1975, is the largest manufacturer of Zinc Oxide in India. Revenue (INR Mn) and EBITDA Margins (%) • The company started off with a small plant in Kolkata in 1975 with a capacity of about 600 MTPA and has 7,846 today scaled up to become
Slide 3: 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 4: Robust Global Supply Chain
Robust Global Supply Chain Sourcing of Raw Material is a High Entry Barrier Maintaining Raw materials inventory Zinc dross across Zinc ash / scrap facilities Most of the zinc oxide enables us to produced is from zinc Used for Used for blend different 6 1 dross (scrap) production of production of com
Slide 5: Environmentally Friendly Manufacturing Process
Environmentally Friendly Manufacturing Process Use of recycled/ secondary zinc instead of primary Zinc 73% 82% Reduction in energy Reduction in carbon consumption footprint Using recycled metal instead of finite virgin ores JGCL business is a prime example of success of circular economy model which
Slide 6: High Entry Barriers In Key-end Use Industries
High Entry Barriers In Key-end Use Industries Stringent norms by Global & Indian tyre Supplier To Top Tyre Manufacturers manufacturers Tyre manufacturers under scrutiny by OEMS for 9 out of Top 10 global and top 11 domestic tyre product quality; hence, focus on scalability reliability, manufacturers
Slide 7: Zinc Sulphate: Diversifying Product Pool by Leveraging Inherent Strengths
Zinc Sulphate: Diversifying Product Pool by Leveraging Inherent Strengths in Sourcing and Sales • Zinc sulphate is an inorganic compound which is used in the agriculture industry, as medication and as a nutritional supplement • JGCL has a 10,080 MTPA capacity for manufacturing zinc sulphate & allied
Slide 8: Diversifying Product Offerings & Entering New Verticals
Diversifying Product Offerings & Entering New Verticals Ramp-up of Zinc Sulphate Business Increasing Content Per Tyre JGC intends to ramp-up the offering in the JGC has very strong relationships with the zinc sulphate business and intend to also tyre sector and is evaluating certain develop our own
Slide 9: Financial Overview
Financial Overview Q4-FY24 / FY24 9 Investor Presentation
Slide 10: Financial Highlights
Financial Highlights Q4-FY24 Financial Highlights FY24 Financial Highlights INR 1,814 Mn INR 200 Mn 11.03% INR 6,677 Mn INR 530 Mn 7.94% Operating Income Operating EBITDA* Operating EBITDA Operating Income Operating EBITDA* Operating EBITDA Margins Margins INR 136 Mn 7.49% INR 4.00 INR 321 Mn 4.81%
Slide 11: Strong Recovery Witnessed in H2 Which Underpins the Strength of the Business
Strong Recovery Witnessed in H2 Which Underpins the Strength of the Business • JGC has recorded an impressive performance in Q4-FY24 backed by strong demand from EBITDA* (INR Mn) & EBITDA Margins (%) customers and overall stability in the prices of zinc. This has resulted in H2 margin profile revert
Slide 12: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Revenue from Operations 1,814 1,943 (6.6)% 1,613 12.5% Other Income 29 32 (9.4)% 17 70.6% Total Income 1,843 1,975 (6.7)% 1,630 13.1% Total Expenses 1,643 1,787 (8.1)% 1,465 12.2% EBITDA* 200 188 6.4% 165 21.2%
Slide 13: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 H2-FY24 FY24 Revenue from Operations 6,129 7,846 3,250 3,427 6,677 4,353 Other Income 51 102 96 31 47 77 Total Income 6,231 7,942 3,281 3,473 6,754 4,404 Total Expenses 5,575 7,091 3,116 3,108 6,224 3,922 EBITDA 656 851 165 366
Slide 14: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY23 FY24 Particulars (INR Mn) FY23 FY24 EQUITY 2,135 4055 NON-CURRENT ASSETS 415 551 Share Capital 317 392 (a) Property, plant & equipment 353 417 Other Equity 1,759 3592 (b) Capital Work-in-progress 9 - Non Controlling Interest 59 71 (c) Intangible Ass
Slide 15: Capital Market Information
Capital Market Information Shareholding Pattern (As On 31st March, 2024) DII, 1.34% AIF, 1.83% FII, 6.22% Market Data (INR) (As on 30th April, 2024) Public, 19.62% Face Value 10.00 CMP 266.00 Promoters, 70.99% 52 Week H/L 274.40/171.00 Market Cap (INR Mn) 10,423.49 Marquee Shareholders MASSACHUSETTS
Slide 16: 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