Himadri Speciality Chemical Ltd. · NSE:HSCL
Himadri Speciality Chemical — Q2 FY2023 Earnings Presentation
28 slides from Himadri Speciality Chemical's earnings presentation, Oct 31, 2022
Slide 1: Cover letter to stock exchanges
Ref. No: HSCL / Stock-Ex/2022-23/67 Date: 31/10/2022 E-mail: monika@himadri.com Ref: Listing Code: 500184 Ref: Listing Code: HSCL BSE Limited National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, C-1, Block-G P. J. Towers, 25th Floor, Bandra Kurla Complex, Dalal Stree
Slide 2: Investor Presentation – Q2FY23
INVESTOR PRESENTATION – Q2FY23
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Himadri Speciality Chemical Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Growing Present, Promising Future
Growing Present, Promising Future Power the Future Transformation Unfolds : From Growing Carbon Value Chain to Promising Mobility and Energy Storage Opportunity We will address substantial part of the critical raw material requirements of Lithium-Ion Batteries
Slide 5: Faster Growth in Core Business through Value-added products
Faster Growth in Core Business through Value-added products Coal Tar Pitch Developed specialized pitch – one of the very few global manufacturers and Improved life of anodes through continuous process improvements Our Core Business will continue to deliver strong growth Carbon Black Launched a serie
Slide 6: Growth Trajectory in Core Business Continues
Growth Trajectory in Core Business Continues Record Revenues in Q2FY23 Significant jump in EBITDA Significant jump in *PBT Record revenues achieved in EBITDA jumped by 177% to PBT jumped by 348% to Rs. Q2FY23 of Rs. 1059 Crs Rs. 95 Crores in Q2FY23 66 Crores in Q2FY23 Sales Volume consistent above 9
Slide 7: Transformation Unfolds
Transformation Unfolds From Growing Carbon Value Chain to Promising Mobility and Energy Storage Opportunity 2011 to 2021 Portfolio of Few Promising Growth Products » Aluminium Grade Pitch » Heavy Creosote Oils Opportunity » Anthracene Oil/Carbon Black » Graphite Grade Binder Pitch 2010 » Graphite Gr
Slide 8: Sustainable business model is the key
Sustainable business model is the key 01 More than 90% of the power 04 requirement being met by Strict Control Measures against Air, inhouse generated clean and Water, Solid or Noise Pollution green power 02 No Water Discharge from Plants Addressing the need for a green, long-term EV and renewable e
Slide 9: Financial Performance
Financial Performance Performance in Q2FY23
Slide 10: Highest ever quarterly sales recorded in Q2FY23
Highest ever quarterly sales recorded in Q2FY23 Sales Volume (MT) Sales (Rs. In Crs) +3% +64% 1,09,229 1,047 1,059 93,577 96,502 645 Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 9
Slide 11: Strong profitability recorded in Q2FY23
Strong profitability recorded in Q2FY23 Revenue (Rs. In Crs) EBITDA (Rs. In Crs) *PBT (Rs. In Crs) +1.2% +12.2% +35.8% 1,047 1,059 95 66 85 +64.1% 48 645 +176.9% 34 15 +348.0% Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 On Standalone basis *PBT is before exceptional item 10
Slide 12: Capital Disciplined Balance Sheet
Capital Disciplined Balance Sheet Net Debt (Rs. In Crs) & Net Debt to Equity Long Term Borrowings (Rs. In Crs) Peak Debt -63.1% Net Debt / 0.26X 0.28X 0.34X 0.17X 0.36X 314 Equity 233 188 Increase in debt is due to higher requirement of 124 132 116 Working Capital Mar 19 Mar 20 Jun-20 Mar 21 Mar-22
Slide 13: Standalone P&L – Q2FY23
Standalone P&L – Q2FY23 Particulars (In Rs. Crs) Q2FY23 Q2FY22 Y-o-Y Q1FY23 Q-o-Q H1FY23 H1FY22 Y-o-Y Net Revenue From Operations 1,058.91 645.28 64.10% 1,046.64 1.17% 2,105.55 1,185.03 77.68% Cost of Materials Consumed 830.03 515.74 831.66 1,661.69 939.64 Gross Profit 228.88 129.54 76.69% 214.98 6.
Slide 14: Consolidated P&L – Q2FY23
Consolidated P&L – Q2FY23 Particulars (In Rs. Crs) Q2FY23 Q2FY22 Y-o-Y Q1FY23 Q-o-Q H1FY23 H1FY22 Y-o-Y Net Revenue From Operations 1,058.91 645.29 64.10% 1,046.64 1.17% 2,105.55 1,185.04 77.68% Cost of Materials Consumed 822.2 516.67 831.02 1,653.22 940.63 Gross Profit 236.71 128.62 84.04% 215.62 9
Slide 15: Standalone Balance Sheet
Standalone Balance Sheet Particulars (in Rs. Crs.) Sep’ 22 Mar’22 Particulars (in Rs. Crs.) Sep’ 22 Mar’21 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,748.07 1,720.50 EQUITY 2,019.12 1,803.78 Property, Plant and Equipment 1435.93 1456.38 Equity Share Capital 41.93 41.90 Capital work-in-progre
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (in Rs. Crs.) Sep’ 22 Mar’22 Particulars (in Rs. Crs.) Sep’22 Mar’22 ASSETS EQUITY AND LIABILITIES Non-Current Assets 1,809.51 1,785.70 EQUITY 2,077.12 1,864.95 Property, Plant and Equipment 1490.54 1514.04 Equity Share Capital 41.93 41.90 Capital work-in-progr
Slide 17: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Crs.) Sep-22 Sep-21 Sep-22 Sep-21 Profit Before Tax 83.81 33.26 90.19 29.63 Adjustments for: Non-Cash Items / Other Investment or Financial Items 74.22 39.12 68.55 40.98 Operating profit before working capital changes 158.03 72.38 158.74 7
Slide 18: Business Overview
Business Overview Integrated Business Model
Slide 19: Our Ethos – We Care, We Innovate
Our Ethos – “ We Care, We Innovate” Innovation Sustainability Employee Care Innovations: To deliver Sustainable business Employees: Our most value-added products model : We care for the valuable assets across segments Environment 18
Slide 20: Current Product Portfolio
Current Product Portfolio Coal Tar Pitch Carbon Black Speciality Carbon Black Refined Naphthalene Largest Indian player 3rd Largest player in Largest Indian Player Largest Indian Player India Advance Carbon Material SNF Specialty Oils Power Largest player in India Niche segments in India Green Power
Slide 21: Strong Research & Development
Strong Research & Development World Class An Innovation Continuous R&D Techno-Commercial Global Knowledge Laboratory Mindset Team Bank New brands introduced with multiple grades Working towards Continuous working on Increasing productivity Manufactured speciality catering to different reducing energ
Slide 22: Applications across Industries
Applications across Industries Paints, Plastic & Fibre Graphite Electrodes Anti Corrosive Material Defence Construction Chemical Aluminium Lithium – Ion Batteries Infrastructure Rubber Industries Wood Preservative Oils Power Specialized Products 21
Slide 23: Marquee Clients across Industries
Marquee Clients across Industries 22
Slide 24: Future Strategy
Future Strategy Unparalleled access to growth opportunities High Value Product Right Capacity Strong Clientele Transformation Unfolds Pipeline Addressing the needs of critical raw material requirements of Lithium-Ion Batteries Product Strong R&D Strategic Location Leadership Diversified End Global C
Slide 25: Contact Details
Contact Details: Company : Investor Relations Advisors : CIN: L27106WB1987PLC042756 Mr. Somesh Satnalika Ms. Payal Dave : +91 9819916314 VP Strategy & Business Development payal.dave@linkintime.co.in Email: ssatnalika@himadri.com Ms. Rasika Sawant: +91 9594457518 rasika.sawant@linkintime.co.in www.h
Slide 26: Growth Trajectory in Core Business Continues
Revenues EBITDA increased PBT increased increased by 64% by 177% to by 348 % to Net Debt to to Rs. 1059 Crs Rs. 95 Crs Rs. 66 Crs Equity at in Q2FY23 in Q2FY23 in Q2FY23 0.36X *PBT is before exceptional item Investor Release: 29th October 2022, Kolkata Himadri Speciality Chemical Limited reported re
Slide 27: CMD commentary on results and performance
Commenting on the results and performance, Mr. Anurag Choudhary, CMD of Himadri Speciality Chemical Ltd said: “This was another quarter of excellence at Himadri Specialty Chemicals Limited which is undergoing a transformation. During this quarter, we successfully launched new grades of specialty car
Slide 28: About Himadri Speciality Chemical Ltd
About Himadri Speciality Chemical Ltd Himadri Speciality Chemical Ltd (“Himadri Speciality”) was established in 1987, is a leading Carbon corporation with one-of-its-kind vertical integration in the world with headquarters in Kolkata, West Bengal. The Company is a market leader and significant marke
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