Aether Industries Ltd. · NSE:AETHER
Aether Industries — Q1 FY2025 Earnings Presentation
23 slides from Aether Industries's earnings presentation, Jul 19, 2024
Slide 1: Presentation on Financial Results cover letter to exchanges
July 19, 2024 Ref. No.: AIL/SE/27/2024-25 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai-400001, MH. Mumbai-400051, MH. Scrip Code: 543534 Symbol: AETHER Dear Madam / Sir, Subject: Prese
Slide 2: Q1 2024-25
Q1 2024-25
Slide 3: Agenda
Agenda Innovation for a Sustainable Future 01 Aether Today (03) 02 Aether Tomorrow (04) 03 Highlights (05) 04 Financial Snapshots (06) 05 Announcements (10) 06 Accident Updates (12) 07 Expansions (13) 08 QEHS (16) 09 Business Models (17) 10 Research & Development (18) 11 QIP Funds Utilisation (19) 1
Slide 4: Aether Today
Aether Today 6,511 5,970 5,957 EBITDA % 30.4 Revenue 4,538 29.3 27.3 3,038 25.3 25.3 24.4 24.3 2,033 1,920 21.7 1,092 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Q1 FY25 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Q1 FY25 PAT % 19.5 Export# 18.2 42.0% Others LSM 15.7 15.8 2.0% 66.0% 13.2 13.8 CRAMS 11.5 14.0% By Busi
Slide 5: Aether Tomorrow
Aether Tomorrow Renewables Agrochemicals & Sustainability • Saudi Aramco Technologies Company - CO2nverge® Polyols: up to 40% by weight carbon dioxide Introducing • Electrolyte additives for lithium ion batteries - Global Lithium-Ion Battery Producer. New Business • Novoloop, Inc. - Polymer depolyme
Slide 6: Highlights
SSA with Baker Hughes 5MW Solar Power Plant Site 2 75% of the site operational for launch of 6 products at Site 4. out of the 15MW order for Auto Tracker Solar with all regulatory approvals in place and Commercial orders to be manufactured Power Plant, 5MW commissioned in June 24 remaining 25% to be
Slide 7: Q on Q Standalone
Q on Q Standalone Revenue EBITDA PAT 1,920 524 303 27% 16% Q1 FY25 49% 234% 2930% 1,287 157 10 12% 1% Q4 FY24 Q on Q is Comparison of Q1 FY25 with Q4 FY24 All numbers are in INR MM
Slide 8: Y on Y Standalone
Investor deck Y on Y Standalone Revenue EBITDA PAT 1,920 524 303 27% 16% Q1 FY25 17% 11% 1% 1,638 474 302 29% 18% Q1 FY24 Y-o-Y is comparison of Q1 FY25 with Q1 FY24 All numbers are in INR MM
Slide 9: Q on Q Consolidated
Investor deck Q on Q Consolidated Revenue EBITDA PAT 1,920 521 299 27% 16% Q1 FY25 49% 262% 2236% 1,291 144 -14 11% -1% Q4 FY24 Q on Q is Comparison of Q1 FY25 with Q4 FY24 All numbers are in INR MM
Slide 10: Y on Y Consolidated
Y on Y Consolidated Revenue EBITDA PAT 1,920 521 299 27% 16% Q1 FY25 18% 11% 1% 1,634 470 298 29% 18% Q1 FY24 Y-o-Y is comparison of Q1 FY25 with Q1 FY24 All numbers are in INR MM
Slide 11: 6 new Products for Baker Hughes
Announcement 6 new Products for Baker Hughes Aether Industries signed a 5-year (extendable) contract to manufacture 6 new products for Baker Hughes globally, with a focus on India's oil and gas sector. This "Make in India" project will be primarily executed by Aether's subsidiary, Aether Speciality
Slide 12: Solar Power Plant - Auto Tracker
Announcement Solar Power Plant - Auto Tracker New auto-tracker project work started from the date of order, Completion in phases scheduled in the FY 2024-25. Initial 5 MW commissioned in Q1FY25. This will start adding to the bottom lines of the Company. Remaining 10 MW - the equipment and other rela
Slide 13: Accident Update: Site 2 resumed 75%
Accident Update The Site 2 has resumed 75% will be 100% operational soon with the reinstatement of various assets along with approval from various regulatory and other government authorities 12
Slide 14: Site 3++
Site 3++ • Site expansion - construction on schedule! • Equipment and machinery secured - arriving September 2024 • All approvals secured - ready for a smooth transition • Commissioning expected by end of FY25
Slide 15: Site 4
Site 4 • Site ready and commissioned in March 2024 • SSA with Baker Hughes executed • Commercial orders to start soon • 6 Products to be launched currently - in phased manner
Slide 16: Site 5
Site 5 • EC approved in December 2023, ordering of equipment started • Ground digging, wall fencing and plinth work completed • Building work started for phase one production block • Phase one expected to be commissioned by end of FY26
Slide 17: QEHS
QEHS ISO 9001 Indian GMP 17%* ISO 45001 UN Global 7.31% - QC/QA/ADL Team. 4.70% - Safety Team ISO 14001 Ecovadis Medal 5.22% - Environment Team ISO 27001 11* times our facilities have been audited by Aether has implemented QEHS system to achieve a holistic approach to excellence. This includes Impro
Slide 18: Business Models
Business Models 66% 14% 18% Large Scale Contract Research & Contract | Exclusive Manufacturing Manufacturing Services Manufacturing Advanced intermediates and Contract research, scale-up services, Manufacture under contractual speciality chemicals with application technology development, low volume
Slide 19: R&D expenses 142.61 MM or 7.43% of total revenue
Differentiating Factor ₹ 987 (15.4%) R&D expenses 142.61 MM or 7.43% of total revenue in Q1FY25 ₹ 501 (7.5%) ₹ 393 (6.6%) ₹ 193 (4.3%) ₹ 121 (4%) ₹ 53 (2.6%) All numbers are in INR MM FY19 FY20 FY21 FY22 FY23 FY24
Slide 20: QIP Fund Utilisation
QIP Fund Utilisation Objects of Issue Amount as per Amount % Amount Pending to be PPD (A) Utilised (B) Utilised (C) Utilised (D = A - B) Funding capex for Green eld Project - Site 3++ 1,830.00 444.67 24.30% 1385.33 Funding capex for Green eld Project - Site 5 (1st phase) 3,300.00 294.88 8.94% 3,005.
Slide 21: Standalone Financial Results
Standalone Financial Results Particulars Q1FY25 Q4FY24 Q1FY24 FY24 Unaudited Audited Unaudited Audited Revenue from operations 1,800 1,150 1,611 5,957 Other income 120 136 26 443 Total income 1,920 1,287 1,638 6,400 Cost of goods sold # 1,024 752 769 3,193 Employee bene ts expense 105 116 85 386 Oth
Slide 22: Consolidated Financial Results
Consolidated Financial Results Particulars Q1FY25 Q4FY24 Q1FY24 FY24 Unaudited Audited Unaudited Audited Revenue from operations 1,800 1,175 1,611 5,982 Other income 120 116 23 392 Total income 1,920 1,291 1,634 6,374 Cost of goods sold # 1,024 768 769 3,209 Employee bene ts expense 105 116 86 386 O
Slide 23: Forward-looking statements disclaimer
Certain statements and opinions with respect to the anticipated future performance of the company in the presentation (“forward - looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be correct. Such forward -lo