National Fertilizers Ltd. · NSE:NFL
National Fertilizers — Non-Deal Roadshow (October 2016)
74 slides from National Fertilizers's roadshow presentation, Oct 18, 2016
Slide 1: Intimation to stock exchanges: institutional investors meet schedule
CIN : L74899DLI974GO1007417 erate prafaa : Corporate Office : y11, taex-24, atest — 201 301 A-11, Sector-24, NOIDA - 201 301 wly fore ata mae qa TR (soo) pe a Hees Paar pl is ee Vd GRANTS : 0120-2412294, 2412445, 3292201—-08 : 0120- : , 01-08 saan Titanen’ fafa WAT : 0120-2412397 Fax : 0120-2412397
Slide 2: Intimation to stock exchanges (duplicate copy)
CIN : L74899DLI974GO1007417 erate prataa : Corporate Office : Q w11, taer-24, aber — 201 301 A-1, Sector-24, NOIDA - 201 301 WNT 4 farar tay . IR (Boy) Distt. : Gautam Budh Nagar (U.P. . vd wih Phone : 0120-2412294, 2412445, 3292201-08 Be oe eet TION, REINS Tax 101080 I: 0120-2412397 GE cs. .cor. We
Slide 3: Financial Performance for the Financial Year 2015-2016
FINANCIAL PERFORMANCE FOR THE FINANCIAL YEAR 2015-2016 1
Slide 4: Disclaimer
Disclaimer This presentation has been prepared by National Fertilizers Limited (the “Company”) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form par
Slide 5: Disclaimer.. contd..
Disclaimer.. contd.. The information contained in these materials has not been independently verified. None of the Company, its directors, the President of India, acting through the Ministry of Chemicals and Fertilizers or affiliates, nor any of its or their respective employees, advisers or represe
Slide 6: Performance Highlights 2015-16
PERFORMANCE HIGHLIGHTS 2015-16 EVER HIGHEST UREA PRODUCTION OF 37.99 LAKH MT (118% CAPACITY UTILISATION OF RAC OF 32.31 LMT) AND IS 2ND LARGEST PRODUCER WITH 15.5% MARKET SHARE. UREA SALE OF 36.41 LMT WAS MARGINALLY LOWER (0.38 LMT) AS COMPARED TO CPLY* (36.79 LMT) DUE TO POOR DEMAND OWING TO GL
Slide 7: Financial Performance - Annual
Financial Performance - Annual (` Crore) INCREASE / % INCREASE/ Particulars 2015-16 2014-15 (DECREASE) (DECREASE) Production quantity of urea (LMT) 37.99 36.39 1.60 4.40% Sale quantity of urea (LMT) 36.41 36.79 (0.38) (1.03)% Sale of urea (Net of Excise Duty) 1966.37 1938.25 28.12 1.45% Subsidy on u
Slide 8: Production of Urea
Production of Urea Increase/ 2015-16 2014-15 (Decrease) Unit On stream Production On stream Production (Lakh MT) days (Lakh MT) days (Lakh MT) Nangal 342 5.47 293 4.78 0.69 Panipat 348 5.67 318 5.12 0.55 Bathinda 336 5.48 351 5.60 (0.12) Vijaipur I 328 9.92 320 9.51 0.41 Vijaipur II 347 11.45 343 11
Slide 9: Quarter-wise Production of urea
Quarter-wise Production of urea (in LMT) Increase/ Particulars 2015-16 2014-15 (Decrease) Quarter-1 8.20 9.30 (1.10) Quarter-2 9.80 9.10 0.70 Quarter-3 10.23 10.38 (0.15) Quarter-4 9.76 7.61 2.15 Annual 37.99 36.39 1.60 Production of urea during Qr-1 was lower as compared to CPLY mainly due to plann
Slide 10: Energy consumption (Gcal / MT Urea)
Energy consumption (Gcal / MT Urea) Pre-set Energy Revised Energy Actual Unit Norms (upto Norms 31.05.2015) w.e.f. 01.06.2015 2015-2016 2014-2015 1 2 3 4 5 Nangal 7.095 No change 7.012 7.017 Panipat 7.614 No change 7.259 7.500 Bathinda 7.479 No change 7.003 7.131 Vijaipur I 5.952 5.904 5.750 5.740 V
Slide 11: Energy Data
ENERGY DATA % Increase / Increase / Particulars UNIT 2015-16 2014-15 (Decrease) (Decrease) GAS CONSUMPTION Thousand MMBTU 79119 76631 2488 3.25% (NCV basis) RATE OF GAS USD/ MMBTU 9.96 12.43 (2.47) (19.87)% (NCV basis) GAS COST ` CRORE 5122.15 6048.55 (926.40) (15.32)% PRDUCTION OF UREA LAKH MT 37.9
Slide 12: Sale Break up - Annual
Sale Break up - Annual (` Crore) Sale Value Product name Increase/ 2015-16 2014-15 (Decrease) Own Manufactured products (a) Urea 7350.51 8399.39 (1048.88) (b) Industrial Products at Nangal Nitric Acid – 54% 33.53 30.36 3.17 Nitric Acid – 60% 82.77 59.83 22.94 Sodium Nitrate / Nitrite 9.44 7.54 1.90
Slide 13: Urea Sale Break up– Zone-wise
Urea Sale Break up– Zone-wise Zone wise sale performance of urea is as follows :- (Qty. in Lakh MT) Increase / Zonal Offices 2015-16 2014-15 (Decrease) Chandigarh Zone 16.44 15.67 0.77 Bhopal Zone 9.34 10.77 (1.43)* Lucknow Zone 10.63 10.35 0.28 TOTAL 36.41 36.79 (0.38) Bhopal Zone sale of urea was
Slide 14: Sale Analysis of Industrial Products (IPs)
Sale Analysis of Industrial Products (IPs) Particulars 2015-16 2014-15 Increase/ (Decrease) (%) Nitric Acid -60% - Qty. in MT 66024 54883 20.30% - Rate in (`/MT) 12536 10901 15.00% - Sale value (` crore) (a) 82.77 59.83 38.34% Nitric Acid-54% - Qty. in MT 28861 29619 -2.56% - Rate in (`/MT) 11621 10
Slide 15: Total Expenses (Other than Finance Cost and Depreciation)
Total Expenses (Other than Finance Cost and Depreciation) Year ended Increase / Particulars 31ST Mar, 2016 31ST Mar, 2015 (Decrease) Production (Qty. in LMT) 37.99 36.39 1.60 Despatches (Qty. in MT) 37.15 36.57 0.58 (` Crore) Cost of Materials consumed 3637.59 4348.41 (710.82) Power and Fuel 2423.93
Slide 16: Breakup of Material consumed and Power and Fuel costs
Breakup of Material consumed and Power and Fuel costs (` Crore) Year ended Increase / Particulars 31ST Mar, 2016 31ST Mar, 2015 (Decrease) A. Cost of Materials consumed Natural gas 3443.46 4121.48 (678.02) Packing Material 127.67 132.29 (4.62) Chemicals, catalysts, oils, lubricants, stores 66.46 94.
Slide 17: Details of Purchase of stock in trade
Details of Purchase of stock in trade (` Crore) Year ended ST ST Increase / Particulars 31 Mar, 31 Mar, (Decrease) 2016 2015 Purchases of stock-in trade Seeds 16.04 12.10 3.94 DAP (Imported) 102.21 - 102.21 DAP (Indg.) 41.12 - 41.12 Gas Swapping purchase 94.33 - 94.33 Bentonite sulphur 4.11 2.14 1.9
Slide 18: Changes in inventories of finished goods and semi-finished goods
Changes in inventories of finished goods and semi-finished goods (Value in ` Crore) Year ended Increase / Particulars 31ST Mar, 2016 31ST Mar, 2015 (Decrease) Urea Urea A. Opening Inventories Value Value Value (LMT) (LMT) Semi-finished goods (Ammonia) 22.81 31.70 (8.89) Finished 0.37 67.67 0.78 143.
Slide 19: Details of other expenses
Details of other expenses ` crore Increase / Particulars 2015-16 2014-15 (Decrease) Rent, Rates, Taxes and Insurance 21.79 20.24 1.55 Security expenses* 43.12 39.83 3.29 Travelling expenses 13.20 13.41 (0.21) Water charges 16.64 16.07 0.57 Retailer Margin 18.39 18.40 (0.01) Bank charges 3.01 3.00 0.
Slide 20: Finance Cost Analysis
Finance Cost Analysis ` crore Saving/ Particulars 2015-16 2014-15 (Increase) Interest on Working capital loans 192.52 267.35 74.83 Interest on Long term Loans 22.97 29.14 6.17 Other Finance cost (stamping cost, Hedging/Exchange rate variation and interest on 12.39 4.87 (7.52) security deposits etc.)
Slide 21: Steps taken to reduce Finance Cost in 2015-16 onwards
Steps taken to reduce Finance Cost in 2015-16 onwards 1. Changed the credit instrument mix (CP ratio increased) to reduce the average finance cost 2. Optimizing on availability of suppliers credit to maximum 3. Credit rating for long term loans have been assessed by ICRA as AA (stable) during June 2
Slide 22: Details of other income
Details of other income ` crore Increase / Particulars 2015-16 2014-15 (Decrease) Interest income on Term 5.40 0.93 4.47 Deposits Other Interest income 5.15 4.29 0.86 Rent Income 16.04 15.06 0.98 Sale of scrap 4.68 6.37 (1.69) Other misc. income 15.06 10.48 4.58 Total Income 46.33 37.13 9.20 Other m
Slide 23: Unit wise Profit/ (Loss) before tax (PBT)
Unit wise Profit/ (Loss) before tax (PBT) (` Crore) Increase/ Unit 2015-16 2014-15 (Decrease) Nangal (12.70) (83.25) 70.55 Panipat 37.63 (35.66) 73.29 Bathinda 26.26 (15.87) 42.13 Vijaipur I 57.94 98.31 (30.37) Vijaipur II 170.60 80.08 90.52 Traded Goods 3.76 1.11 2.65 TOTAL 283.49 44.72 238.77 Ther
Slide 24: Comparison of actual profit/(loss) for year ended 31st March 2016
Comparison of actual profit / (Loss) for the year ended 31st March, 2016 with 31st March, 2015. (` Crore) Profit / (Loss) before tax for the financial year 2015-16 (Audited) 283.49 Profit / (Loss) before tax for the financial year 2014-15 (Audited) 44.72 Net increase in Profit 238.77 A: Reasons for
Slide 25: Comparison of actual profit/(loss) for year ended 31st March 2016 (contd.)
Comparison of actual profit / (Loss) for the year ended 31st March, 2016 with 31st March, 2015. (` Crore) B: The above increase in profit has been off-set by the following: 1 Receipt/ Accountal of past period subsidy arrears in CPLY (reimbursement of Purchase Tax at Vijaipur Units pertaining to earl
Slide 26: Borrowings
Borrowings (` Crore) As on As on Reduction during Particulars 31.03.2016 31.03.2015 2015-16 (%) Long Term Borrowings - Rupee Term Loan (AFCP) 1540.00 2310.00 33.33% - External Commercial Borrowings (USD 36.95 million as on 31.03.16) 247.20 262.24 5.75% - Bonds 40.16* 70.28 42.86% Total Long Term Bor
Slide 27: Net Worth
Net Worth (` crore) As on As on Increase/ S. No. Particulars 31.03.2016 31.03.2015 (Decrease) A Reserves and Surplus 1 General Reserve 322.85 302.75 20.10 2 Capital Reserve 2.51 2.51 - 3 Debenture Redemption Reserve 10.04 17.57 (7.53) Corporate Social Responsibility 4 4.01 5.26 (1.25) Reserve Surplu
Slide 28: Debt-Equity & Debt Service coverage ratio
Debt-Equity & Debt Service coverage ratio (` Crore) S. No. Particulars 2015-16 2014-15 1 Total Borrowings (Outstanding) including 6119.59 7644.79 AFCP* 2 Total Borrowings (Outstanding) excluding 4629.76 5410.05 AFCP 3 Borrowings (excluding Short term borrowings) 287.36 332.52 excluding AFCP 4 Net wo
Slide 29: Significant Financial Ratios
Significant Financial Ratios Particulars Unit 2015-16 2014-15 2013-14 EBITDA/ Net Sales % 7.62 4.91 2.14 EBIDTA to Interest Times 2.60 1.39 0.84 Return (PAT) on net worth % 12.27 1.77 (6.00) Earning per share (EPS) ` 4.02 0.53 (1.83) Current Ratio Times 1.32:1 1.27:1 1.34:1 Dividend ` crore 59.36 8.
Slide 30: National Fertilizers Limited
wy NATIONAL FERTILIZERS LIMITED 28
Slide 31: National Fertilizers Limited
National Fertilizers Limited
Slide 32: Disclaimer
Disclaimer This presentation has been prepared by National Fertilizers Limited (the “Company”) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form par
Slide 33: Disclaimer.. contd..
Disclaimer.. contd.. The information contained in these materials has not been independently verified. None of the Company, its directors, the President of India, acting through the Ministry of Chemicals and Fertilizers or affiliates, nor any of its or their respective employees, advisers or represe
Slide 34: Industry Overview, Company Overview, Key Investment Highlights
Industry Overview Company Overview Key Investment Highlights Financial Highlights Awards and CSR Initiatives
Slide 35: Industry Overview
Industry Overview Details of production, consumption and import of urea (mn tonnes) 35 31 31 32 30 30 32 28 30 22 22 24 24 25 23 23 23 20 15 7.8 8.0 8.4 8.5 8.6 10 6.6 7.1 5 0 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17P Domestic consumption is far higher than production of urea Producti
Slide 36: Largest urea player in listed space in India
Largest urea player in listed space in India 25.0% 20.0% 19.1% 15.5% 15.0% 10.4% 10.0% 9.3% 8.7% 5.5% 5.0% 4.9% 5.0% 4.0% 2.8% 0.0% IFFCO NFL RCF KRIBHCO CFCL NFCL TCL INDO GULF K.SHYAM GNFC 15.5 % share of NFL in country’s urea production (2015-16) Source: Company 6
Slide 37: Recent Urea Policies and its Impact on NFL
Recent Urea Policies and its Impact on NFL Modified New pricing Scheme of Urea stage –III (Notified on 2nd April 2014) Fixed cost element included in the concession price was based on the data for FY 2002-03 and was due for updation as it was resulting in un-recovered fixed cost to the urea units. F
Slide 38: Industry Overview, Company Overview, Key Investment Highlights
Industry Overview Company Overview Key Investment Highlights Financial Highlights Awards and CSR Initiatives
Slide 39: Overview of Plants
Overview of Plants Nangal Unit Panipat Unit Bathinda Unit Vijaipur-I & II Units 9
Slide 40: Brief on Plants and Trading Activities
Brief on Plants and Trading Activities Urea Vijaipur-II Vijaipur-I Bathinda Panipat Nangal Capacity (LMT)– 32.31 LMT 8.646 8.646 5.115 5.115 4.785 After Revamp – 35.68 LMT 10.662 9.999 5.115 5.115 4.785 Capacity utilization (2015-16) w.r.t. RAC 132.4% 114.8% 107.2% 110.9% 114.2% Comm. Production 31s
Slide 41: Evolution Timelines
Evolution Timelines Urea Cap. Year Evolution (LMT) 1974 Incorporated on 23-08-1974 to set up Fuel Oil based plants at Panipat & Bathinda - 1978 Nangal Plant merged with NFL in April 1978 on regrouping of FCIL. Capex – INR 300 cr. 3.30 1979 Panipat & Bathinda Plants started commercial production in 1
Slide 42: Overview of Business
Overview of Business Urea Production & Sales Overall Revenues (FY16) Sale value INR mn (excluding subsidy) (MTPA) 3.8 3.7 3.7 3.6 3.6 3.6 4 Products 2011-12 2012-13 2013-14 2014-15 2015-16 3.4 3.4 3.2 3.2 3 Urea 17,488.6 15,749.2 18,829.1 19,382.5 19,663.7 95.82% Industrial 1,709.1 956.3 534.1 1,054
Slide 43: Industry Overview, Company Overview, Key Investment Highlights
Industry Overview Company Overview Key Investment Highlights Financial Highlights Awards and CSR Initiatives
Slide 44: Key drivers for investment in NFL
Key drivers for investment in NFL 1 Policy benefits Attractive contribution beyond RAC Neem coated production mandatory Reduction in gas price pursuant to Gas Pooling 9 2 New initiatives undertaken Increasing demand for fertilizers Increasing sale of traded goods (DAP/MOP/ Consistently increasing de
Slide 45: Planned Capacity Additions & Energy Conservation Initiatives
Planned Capacity Additions & Energy Conservation Initiatives Urea: 1.27 MTPA, BS: 25k TPA, MoP: 8k TPA Estimated Completion Project Deliverables Period Status Capex Reduction in Energy Purge gas recovery plant at Additional Urea production (149 INR 29 Crore Completed Commissioned in July 2016 Vijaip
Slide 46: Ramagundam Fertilizers & Chemical Limited (RFCL) Project
Ramagundam Fertilizers & Chemical Limited (RFCL) Project Joint Venture (JV) Ramagundam Fertilizers & Chemical Limited (RFCL) Date of JV Agreement 14th January 2015 Equity Partners & Equity NFL – 26%, EIL – 26%, FCIL - 11% Annual Urea Production 1.271 MTPA Zero Date 25th September 2015 Project Time S
Slide 47: Performance Highlights 2015-16
Performance Highlights 2015-16 Ever highest urea production of 37.99 Lakh MT (118% capacity utilisation of RAC of 32.31 LMT) and is 2nd largest producer with 15.5% market share Urea sale of 36.41 LMT was marginally lower (0.38 LMT) as compared to CPLY* (36.79 LMT) due to poor demand owing to glut li
Slide 48: Financial Performance - Annual
Financial Performance - Annual For the Financial Year Increase / % Increase/ Particulars (INR Crs) 2015-16 2014-15 (Decrease) (Decrease) Production quantity of urea (LMT) 37.99 36.39 1.60 4.40% Sale quantity of urea (LMT) 36.41 36.79 (0.38) (1.03)% Sale of urea (Net of Excise Duty) 1,966.37 1,938.25
Slide 49: Robust marketing network across North India
Robust marketing network across North India Single Brand “Kisan” across all Fertilizer Products Presence in largest fertilizer consuming states, thereby Fertilizer Products - Brand ‘KISAN’ a household name enabling it to get better market share Nangal Jammu Panipat (Haryana) Neem Coated Urea Kisan D
Slide 50: Well maintained relationships with farmers
Well maintained relationships with farmers 1 Crop seminars & training programs organized 88 farmer training programs/ crop seminars were organized during 1 2015-16 benefitting more than 6000 farmers 5 This sensitized farmers to issues related to soil fertility status like Krishi Melas & Agriculture
Slide 51: Experienced Management Team with members from the Government and Industry
Experienced Management Team with members from the Government and Industry Board of Directors Shri Manoj Shri Smt. Bhavnaben Mishra Shri M Sagar Shri R. K. Shri Dharam Gurinderjit Kardambhai Sh. Kuntal Chairman & Mathews Chandiok Pal Singh Sandhu Dave Director Sensarma Managing Director Joint Secreta
Slide 52: Better monsoon to drive demand for fertilizers
Better monsoon to drive demand for fertilizers Above average rainfall in NFL’s key target markets State Rainfall Map Central India Actual & Normal Rainfall for the Period: 01-06-2016 to 12-10-2016 Monsoon Post Monsoon 800 80 600 60 400 40 Rainfall (mm) Rainfall (mm) 200 20 0 0 20/Aug/16 30/Aug/16 10
Slide 53: Industry Overview, Company Overview, Key Investment Highlights
Industry Overview Company Overview Key Investment Highlights Financial Highlights Awards and CSR Initiatives
Slide 54: Financial highlights
Financial highlights Historical Revenues (net of subsidy) Historical EBITDA 25,000 23,323 7,000 9.0% 20,586 5,914 19,425 19,691 6,000 8.0% 20,000 17,006 7.0% 5,000 4,186 7.6% 6.0% 15,000 4,000 3,420 5.0% 10,000 3,000 4.9% 4.0% 4.7% 1,719 3.0% 2,000 5,000 175 2.0% 1,000 0.3% 2.1% 1.0% 0 0 0.0% FY2012
Slide 55: Financial highlights
Financial highlights Networth Debt Profile 18,000 17,544 100,000 17,500 17,000 80,000 75,583 76,448 16,500 15,837 16,066 61,196 16,000 56,149 60,000 15,500 14,940 40,397 50,023 14,810 17,033 15,000 40,000 29, 846 42,922 14,500 14,000 20,000 13,838 39,116 35,186 26,425 13,500 16,008 18,274 13,000 0 F
Slide 56: Industry Overview, Company Overview, Key Investment Highlights
Industry Overview Company Overview Key Investment Highlights Financial Highlights Awards and CSR Initiatives
Slide 57: Awards & Accolades received
Awards & Accolades received Nangal Unit Vijaipur Unit Skoch Renaissance Award-2014” for FAI Best Technical Innovation Runner Up Ammonia Feedstock Changeover Project Award-2014 (AFCP) as the best project in the country “Green tech Environment Award 2014” from Green tech Foundation Group (Kolkata) Pan
Slide 58: Corporate Social Responsibility Initiatives undertaken by NFL
Corporate Social Responsibility Initiatives undertaken by NFL CSR Focus Skill development & Construction activities for Assistance to the disabled Children’s health training schools Rural development Afforestation Soil Testing Women empowerment projects Assessment camp for disabled persons organised
Slide 59: Thank You
THANK YOU
Slide 60: Financial Performance for the Quarter June 2016
FINANCIAL PERFORMANCE FOR THE QUARTER JUNE 2016 1
Slide 61: Disclaimer
Disclaimer This presentation has been prepared by National Fertilizers Limited (the “Company”) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form par
Slide 62: Disclaimer.. contd..
Disclaimer.. contd.. The information contained in these materials has not been independently verified. None of the Company, its directors, the President of India, acting through the Ministry of Chemicals and Fertilizers or affiliates, nor any of its or their respective employees, advisers or represe
Slide 63: Performance Highlights
PERFORMANCE HIGHLIGHTS Production of urea has increased by 0.55 Lakh MT as compared to CPLY*. Sale quantity of urea has increased by 0.25 Lakh MT as compared to CPLY. Sale value has decreased due to fall Gas price by 31.69%. Sale value of Other Products (without gas swap) has increased by `
Slide 64: Overall Performance
OVERALL PERFORMANCE `crore Particulars For the quarter CPLY INCREASE / % INCREASE/ 30.06.2016 (DECREASE) (DECREASE) Production of Urea (LMT) 8.75 8.20 0.55 6.71% Sale quantity of urea (LMT) 7.55 7.30 0.25 3.4% Sales of urea (including subsidy)* 1291.50 1516.18 (224.68) (14.8)% Sale of other manufact
Slide 65: Total expenses (other than Finance cost and Depreciation)
Total expenses (other than Finance cost and Depreciation) ` crore Particulars Quarter CPLY Increase/ June 16 (Decrease) Production of urea (Qty. in LMT) 8.75 8.20 0.55 Dispatches of urea (Qty. in lakh MT) 8.17 7.36 0.81 Cost of Materials consumed 619.36 847.97 (228.61) Purchase of stock in trade (i.
Slide 66: Total expenses (other than Finance cost and Depreciation) contd..
Total expenses (other than Finance cost and Depreciation) contd.. Reasons for Increase/ Decrease in Expenses Decrease in material consumed, Power and fuel cost is due to decrease in prices of gas (by 31.69%) however, it is partially off-set by higher production of urea (by 0.55 LMT). Purchase of
Slide 67: Urea Production
UREA PRODUCTION Lakh MT April-June 2016 Increase/ CPLY (Decrease) Unit On stream Production On stream Production (LMT) days (LMT) days (LMT) Bathinda 89 1.42 63 1.00 0.42 Vijaipur I 87 2.63 73 2.18 0.45 Vijaipur II 74 2.44 75 2.44 0.00 Nangal 67 1.06 82 1.28 (0.22) Panipat 76 1.20 80 1.30 (0.10) Tot
Slide 68: Energy Consumption
ENERGY CONSUMPTION (GCAL/MT OF UREA) Revised Energy Actual Energy Pre-set Norms Norms (w.e.f. Units (up to 31.05.2015) 1.06.2015) Apr-June 2016 Apr-June 2015 Bathinda 7.479 7.479 6.930 7.240 Vijaipur I 5.952 5.904 5.771 5.857 Vijaipur II 5.712 5.569 5.421 5.544 Nangal 7.095 7.095 7.376 7.246 Panipat
Slide 69: Indian Accounting Standard
INDIAN ACCOUNTING STANDARD (Ind AS) implemented w.e.f.1.04.2016 The key Indian Accounting Standards (Ind AS) provisions having impact are as under: Ind AS 101: Provides an option to carry the fixed assets either at fair value or at the same costs. The Company has opted for the same costs. Ind AS 16:
Slide 70: Comparison of actual Profit/(Loss) before tax for quarter ended 30th June 2016
Comparison of actual Profit/ (Loss) before tax for the quarter ended ` crore 30th June 2016 with quarter ended 30th June 2015 Profit / (Loss) before tax for the Quarter ended 30th June 2016 0.17 Profit / (Loss) before tax for the Quarter ended 30th June 2015 (16.51) Increase in Profit 16.68 A: Reaso
Slide 71: Comparison of actual Profit/(Loss) before tax contd..
Comparison of actual Profit/ (Loss) before tax for the quarter ended 30th June 2016 with quarter ended 30th June 2015 contd.. ` crore The above increase in profit has been off-set B: by the following: Higher receipt /accountal of past period subsidy 1 7.73 arrears in CPLY 2 Increase in marketing exp
Slide 72: Debt to Equity Ratio
DEBT TO EQUITY RATIO ` crore S. Particulars As on As on No. 30th June 30th June 2016 2015 1 Long term Borrowings 1640.84 2455.19 2 Short term Borrowings 2552.14 1823.64 3 Total Borrowings 4192.98 4278.83 4 Borrowings pertaining to AFCP excluded 1347.68 2117.76 being reimbursed by GoI 5 Net Borrowing
Slide 73: Significant Financial Ratios
Significant Financial Ratios Qr. June Qr. June Particulars Unit 2016 2015 EBITDA/ Net Sales % 6.87 4.64 EBIDTA to Interest Times 1.34 1.09 Return (PAT) on net worth % 0.01% (1.12)% Earning per share (EPS) ` (0.01) (0.21) Current Ratio Times 1.47 1.57 Book value of share ` 34.18 30.13 14
Slide 74: Thank You
THANK YOU 15
National Fertilizers — Non-Deal Roadshow (October 2016) on 6ix