Aksharchem India Ltd. · NSE:AKSHARCHEM
Aksharchem India — Investor Presentation (August 2018)
31 slides from Aksharchem India's investor presentation, August 2018
Slide 1: AksharChem (India) Limited Investor Presentation - August 2018
AksharChem (India) Limited Investor Presentation - August 2018
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by AksharChem (India) Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 3: Result Update
AksharChem . Result Update
Slide 4: Result Highlights
Result Highlights Total Volume (MT) 2,310 2,161 2,023 • Our Product Demand is intact due to which our Q1 FY17 Q1 FY18 Q1 FY19 volumes continues to grow year on year Net Revenue from • We expect Operating Operations(Rs Crs) Profit After Tax (Rs Crs) leverage to play out once utilization levels +19% +
Slide 5: From the Chairperson's Desk
From the Chairperson’s Desk At AksharChem, we believe growth is the only constant in dynamic business environment. Innovation is our heritage, the foundation on which our Company is built. Our efforts focus on continuous improvement in products and processes. Our products comply with all internation
Slide 6: Update on Capex
AksharChem . Update on Capex
Slide 7: Capacity Utilisation
Capacity Utilisation Installed Capacity Production Capacity Utilisation 9,720 9,720 9,720 100 94% 9,240 9,240 90 87% 8,441 7,800 80% 80% 7,786 80 75% 74% 7,428 6,881 70 6,000 5,838 60 5,642 50 40 30 2,393 20 10 0 FY13 FY14 FY15 FY16 FY17 FY18 Q1 FY19* * Does not include 480 TPA of Pigments which was
Slide 8: Update on Expansion Plan
Update on Expansion Plan Existing Capacity Additional Capacity Post Expansion Capacity Proposed Projects (In TPA) (In TPA) (In TPA) ORGANIC PIGMENTS CPC Green- Completed 1,920 480 2,400 DYES & INTERMEDIATES H Acid - 1,200 1,200 SPECIALTY CHEMICALS Precipitated Silica - 10,000 10,000 CPC Green H-Acid
Slide 9: Company Overview
AksharChem . Company Overview
Slide 10: We Have Developed The EDGE
We Have Developed The EDGE Largest exporter of VINYL SULPHONE in India with ~ 45% share in exports of this product 31% Revenue CAGR FY12-18 61% Net Worth CAGR FY12-18 85% Exports FY17-18 One of the largest exporters from India and among the largest players globally for CPC GREEN PIGMENT with a globa
Slide 11: With Legacy of Over 2 Decades
With Legacy of Over 2 Decades • CAPEX plan Promoted by Mrs. Became a listed entity announced for CPC Green (Capacity CPC Green, H- Paru M. Jaykrishna as IPO objective: to fund 1,440 TPA) Division of Acid & Audichem (India) Pvt. plant capacity . Asahi Songwon . Precipitated Ltd. expansion from 600 Me
Slide 12: With Right Products
With Right Products Dye Intermediates Pigments Products Vinyl Sulphone CPC Green Capacity 7,800 TPA 1,920 TPA* Usage Intermediate product for Dye Used as colouring agents Manufacturing Key Acentanilide , Caustic Soda & CPC Blue, Aluminium Chloride Raw Materials Other Chemicals & Other Chemicals * Do
Slide 13: With Diversified End User Industry
With Diversified End User Industry Plastics Rubber Plastics CPC Green CPC Green CPC Green Ink Plastics Paint CPC Green CPC Green CPC Green 13
Slide 14: With Process & Quality
With Process & Quality Investment in Focus on Superior Quality Certifications + Process Automation Technologies Technology Driven Products Resulting In • Best Quality reliable products with zero product return in the history of the Company. • No bad debts during the history of the Company. Reduction
Slide 15: With State of the Art Manufacturing
With State of the Art Manufacturing Strategically Located in the Chemical Belt of Gujarat, at Mehsana Covering over 100,000 sq mt. of area Map not to scale. All data, information and maps are provided “as is” without warranty or any representation of accuracy, timeliness or completeness. 15
Slide 16: With Expanding Footprints
With Expanding Footprints Netherlands United Kingdom Germany Russia Belgium Canada South Korea France EUROPE NORTH Italy USA AMERICA China Japan Spain Turkey India Taiwan Mexico UAE Thailand Philippines SOUTH Malaysia AMERICA Brazil Indonesia AUSTRALIA South Africa Presence in over 20 countries *Map
Slide 17: With Environmental Sustainability
With Environmental Sustainability Consistent Spending for Pollution Treatment Expenses (In Crs.) 12.0 11.6 10.8 9.7 FY15 FY16 FY17 FY18 ➢ It takes over 3 years to get Environmental Clearances from the Government Annual Pollution treatment expenses ➢ Internationally recognised processes that as a % o
Slide 18: With Experienced Board
With Experienced Board Mrs. Paru M. Jaykrishna Mr. Munjal M. Jaykrishna Founder, Chairperson & Mg. Director Jt. Managing Director & CEO Her role is that of a strategic decision Responsible for all Management and policy maker to ensure growth. decisions and overall developments of the company. Mr. Ji
Slide 19: With Awards & Accolades
With Awards & Accolades • Trishul Award for the • Top Performer Women • Special Trophy for self • Gold Award for the outstanding export Entrepreneur-NON MSME manufactured direct export outstanding export performance in Panel I: of Dyes of Rs. 25 Crores and performance in Merchant Dyes and Dye above
Slide 20: Business Strategy
AksharChem . Business Strategy
Slide 21: Reinforcing Our Strengths…
Reinforcing Our Strengths… Strong Balance Sheet Nil Debt as of Mar 2018. Debt Rating : Care A1+ for short term banking facility & CARE A+/CARE Better Planning A1+ for long term/short term bank Training facilities Achieved 87% capacity Provided training to utilisation through better technical and sho
Slide 22: … and Building a Sustainable Future
… and Building a Sustainable Future 02 04 01 03 Widen our products portfolio Focus on extending our presence in with value added products South East Asia, NAFTA and India to provide geographic hedge Focus on developing strong Maintain extensive supply business relationships with chain network across
Slide 23: Industry Opportunity
AksharChem . Industry Opportunity
Slide 24: Opportunity in the Industry
Opportunity in the Industry Dyes & Pigment (USD bn) ➢ The Indian production of dyes and pigments is expected to grow at 11.4% CAGR till 2019 : 8.4 1. Reduction in support by the Chinese government in terms of +10% ▪ Tighter pollution control norms : China’s National Environmental Protection Law 7.5
Slide 25: Strengths to drive Global Leadership
Strengths to drive Global Leadership AKSHARCHEM is compliant with INTERNATIONAL QUALITY and ENVIRONMENT STANDARDS ▪ Long term quantity contract with leading GLOBAL Customer CUSTOMERS Relationships ▪ Strong Relationship with the customers for more than 2 decades ▪ ZERO Product return till date Superi
Slide 26: Financials
AksharChem . Financials
Slide 27: Key Financial Parameters
Key Financial Parameters In Crs. Net Revenue EBITDA 15% 10% 264 77 248 200 188 42 32 27 FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 PAT Cash PAT 24% 21% 53 58 31 35 16 17 20 21 FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 FY17 was an exceptional year on the back of Chinese clampdown 27
Slide 28: Key Financial Parameters
Key Financial Parameters ROE (%) ROCE (%) 37.7% 47.5% 22.4% 26.8% 19.6% 25.2% 12.9% 18.6% Mar-15 Mar-16 Mar-17 Mar-18 Mar-15 Mar-16 Mar-17 Mar-18 Debt to Equity (x) Current Ratio (x) 0.4 2.9 0.3 1.3 1.7 0.2 1.1 0.0 Mar-15 Mar-16 Mar-17 Mar-18 Mar-15 Mar-16 Mar-17 Mar-18 FY17 was an exceptional year
Slide 29: Profit & Loss Statement
Profit & Loss Statement* Particulars (In Crs.) Q1 FY19 Q1 FY18 Y-o-Y Q4 FY18 Q-o-Q FY18 Net Revenue from Operations 75.5 63.3 19% 76.5 -1% 264.3 Raw Material 48.8 38.1 49.2 160.3 Employee Expenses 2.0 1.4 2.6 8.3 Other Expenses 16.1 11.9 15.1 54.0 EBITDA 8.5 12.0 -29% 9.6 -12% 41.7 EBITDA % 11.3% 18
Slide 30: Balance Sheet
Balance Sheet* Assets (In Crs.) Mar-18 Mar-17 Equity & Liabilities (In Crs.) Mar-18 Mar-17 Property, Plant & Equipment 86.0 64.5 Share Capital 8.2 7.3 Capital Work-in-Progress 27.3 8.9 Other Equity - Reserve 229.5 133.1 Other Intangible Assets 0.1 0.2 Financial Assets Total Equity 237.7 140.4 Invest
Slide 31: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : AksharChem (India) Limited Strategic Growth Advisors Pvt. Ltd. CIN: L24110GJ1989PLC012441 CIN: U74140MH2010PTC204285 Mr. Meet Joshi Ms. Neha Shroff / Ms. Khushbu Shah cs@aksharchemindia.com neha.shroff@sgapl.net / khush
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