Deepak Fertilisers And Petrochemicals Corporation Ltd. · NSE:DEEPAKFERT
Deepak Fertilisers And Petrochemicals — Q1 FY2024 Earnings Presentation
15 slides from Deepak Fertilisers And Petrochemicals's earnings presentation, Jul 28, 2023
Slide 1: Cover letter to stock exchanges
28th July, 2023 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Code: 500645 NSE Code: DEEPAKFERT Subject: Earnings Presentation
Slide 2: Earnings Presentation Q1 FY2024
(BSE: 500645; NSE: DEEPAKFERT) Earnings Presentation Q1 FY2024 28 July 2023 MINING CHEMICALS INDUSTRIAL CHEMICALS CROP NUTRITION
Slide 3: Consolidated Financials: Q1 FY24 highlights
Consolidated Financials: Q1 FY24 2 Successful commencement of trial production of Greenfield Ammonia facility at Taloja • Subsidy Impact of Rs. 161 Cr - Reduced NBS subsidy of Rs.161 Cr on channel inventory significantly impacted consolidated profitability in Q1 FY24 • Encountered adverse price fluc
Slide 4: Embarking on FY24: Q1 FY24 commenced with a Net Profit of Rs. 114 Cr
Consolidated Financials: Q1 FY24 3 Embarking on FY24: Q1 FY24 commenced with a Net Profit of Rs. 114 Cr Q-o-Q INR CR Q1FY24 Q1FY23 Y-o-Y growth Q4FY23 growth Operating Revenue 2,313 3,031 (23.7)% 2,796 (17.3)% Operating EBITDA 281 740 (62.1)% 469 (40.2)% Margins (%) 12.1% 24.4% 16.8% Net Profit 114
Slide 5: Q1 FY24 Chemical Segment contributed 53% of Operating Revenue
Quarterly Performance Trend 4 Q1 FY24 Chemical Segment contributed 53% of Operating Revenue Chemicals Business Fertilisers Business Revenues (Rs. Cr) Revenues (Rs. Cr) 1,771 1,256 Inputs required 1,238 form DFPCL 1,069 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Segment Profit (Rs. Cr) Segment Profit (Rs. Cr) 729 1
Slide 6: Better market conditions and Implementation of SGQR supported IPA Volumes
Pharma / Speciality Chemicals 5 Business Review Better market conditions and Implementation of SGQR supported IPA Volumes Pharma / Speciality Chemicals (IPA+NA) Operational Highlights (Manufactured Sales Rs. Cr) • Q1 FY24 Nitric Acid volumes increased by 7% y-o-y. NA production was impacted due to e
Slide 7: Adverse price fluctuations in TAN on account of import surges
Mining Chemicals Business Review 6 Adverse price fluctuations in TAN on account of import surges and drop in Russian FGAN prices Mining Chemicals (TAN) Revenue Operational Highlights (Manufactured Sales Rs. Cr) • Despite the high-base of Q1 FY23, all key market indicators are showing positive trends
Slide 8: Consumption in Q2 is expected to increase on account of good monsoon
CNB Business Review 7 Consumption in Q2 is expected to increase on account of good advancing monsoon and increasing sowing Fertilisers Revenue (Manufactured Sales Rs. Cr) Operational Highlights (NP + NPK + Bensulf) • Govt. notification on subsidy was announced in May’23, which reduced the NBS from J
Slide 9: Raw Material Price Movement in Last 18 Months
Update on Raw Material 8 Raw Material Price Movement in Last 18 Months Ammonia Bulk FOB - ME ($/MT) 1134 1232 1033 930 1001 1014 1037 1017 939 913 874 875 796 619 409 274 256 248 JAN-22 FEB-22 MAR-22 APR-22 MAY-22 JUN-22 JUL-22 AUG-22 SEP-22 OCT-22 NOV-22 DEC-22 JAN-23 FEB-23 MAR-23 APR-23 MAY-23 JU
Slide 10: Update on Upcoming Projects
Update on Upcoming Projects 9 Project Update Ammonia • Total planned Investment: Rs 4,350 Cr • Expected commissioning: Q2 FY24 • Equity Infused: Rs. 1,690 Cr • Total planned Investment: Rs. 2,201 Cr TAN • Expected commissioning: H2 FY26 • Equity Infused: Rs. 470 Cr Ammonia Capacity (MTPA) Q1 FY24 Q2
Slide 11: Ammonia Project – Commencement of Trial Production on July 10, 2023
Ammonia Project – Commencement10 of Trial Production on July 10, 2023
Slide 12: TAN Project – Site Construction Work In Progress
TAN Project – Site Construction11 Work In Progress (April 2023) TSSEL- Access road & bridge over water body Compound Wall Ground Improvement
Slide 13: Capital Market: Building on trust by delivering on expectations
Capital Market Update 12 Capital Market: Building on trust by delivering on expectations Market Cap (Rs. Crores) 7,539 6,781 6,917 2,330 1,172 669 31 March 2019 31 March 2020 31 March 2021 31 March 2022 31 March 2023 21 July 2023 Institutional Investor - ASIA PACIFIC (EX-JAPAN) BEST INVESTOR Total N
Slide 14: Corporate Social Responsibility for inclusive community welfare
CSR and Awards 13 Corporate Social Responsibility for inclusive community welfare Successfully completed Aarogyam project; Installed digital learning facility in installed Domestic R.O/Water Purifier at classrooms of schools across Taloja and Rahiyad Aanganwadi (Dahej) benefiting 45 Dahej. Also, ren
Slide 15: Safe Harbour
Safe Harbour: This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Deepak Fertilisers and Petrochemicals Corporation limited’s (DFPCL) futur
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