Slide 1: Earnings Presentation Q2 and H1 FY2024
www.paradeepphosphates.com Earnings Presentation Q2 and H1 FY2024 Nourishing the Future - Feeding the Nation
Slide 2: Business Overview
Business Overview o Paradeep Phosphates Limited (PPL) is India’s second largest private sector phosphatic company with a capacity of 3.0 MMTPA (finished fertilizers NPK, DAP and Urea) o Diverse consumer product portfolio of phosphatic grades of fertilizer: • Core Products : DAP, NPK-20:20:0:13, NPK-
Slide 3: PPL Investment Case
PPL Investment Case Backward integration and 3 MMTPA fungible capacity resulting in higher market share and competitive EBITDA / tonne • Total finished fertilizer capacity of 3.0 Million Metric Tons Per Annum (MMTPA) across two sites – Paradeep and Goa • Paradeep site can produce 1.8 MMTPA of DAP /
Slide 4: Q2 FY24 Performance Highlights (YoY Growth)
Q2 FY24 Performance Highlights (YoY Growth) (in Million) Total Income EBITDA Quarterly Developments Rs.36,940 Rs. 2,670 ➢ The quarter witnessed a strong growth in sales 28.7% Y-o-Y 42.4% Y-o-Y and production volumes leading to significant Margins : 7.2 % improvement in top-line and bottom-line. ➢ Pr
Slide 5: Q2 FY24 PPL Operational Highlights (Production Volume)
Q2 FY24 PPL Operational Highlights (Production Volume) Total fertilizers DAP N-20 651,882 MT 178,432 MT 216,324 MT 29% Y-o-Y 261% Y-o-Y (1) % Y-o-Y Other NPK Sulphuric Acid Phosphoric Acid 136,669 MT 354,900 MT 132,140 MT 18% Y-o-Y 4% Y-o-Y 66% Y-o-Y Industrial Products Urea Production: 120,458 MT 5
Slide 6: Q2 FY24 PPL Operational Highlights (Sales Volumes)
Q2 FY24 PPL Operational Highlights (Sales Volumes) Total fertilizers DAP 807,400 MT 252,009 MT 78% Y-o-Y 500% Y-o-Y N-20 Other NPK 234,361 MT 198,963 MT 24% Y-o-Y 72% Y-o-Y Urea Sales: 120,957 MT 6 Fertilizer Products
Slide 7: Q2 FY24 Performance Trends
Q2 FY24 Performance Trends Delivered strong year on year revenue and profitability growth with improved margins (in Rupees Million) Revenue from Operations EBITDA and Margins 36,830 2,670 28,637 30,543 1,875 6.5% 7.2% (0.6)% PAT* EPS (IN RS.) (194) Q2 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q1 FY24 Q2 FY24 CAG
Slide 8: Management Perspectives
Management Perspectives Commenting on the performance, Suresh Krishnan, Managing Director, said: “We have been able to achieve a good set of numbers in Q2 of FY 24. Our Q2 production volumes rose by 25% YoY and sales volumes increased by 78% YoY leading to a 28.72 % growth in our topline and 42 % to
Slide 9: Annual Performance Trends
Annual Performance Trends (in Rupees Million) Revenue from Operations EBITDA and Margins 133,407 8,921 7,104 5,615 78,587 67,374 52,984 51,647 3,545 2,476 10.8% 9.0% 6.7% 6.6% 3.7% H1 FY23 H1 FY24 FY21 FY22 FY23 H1 FY23 H1 FY24 FY21 FY22 FY23 PAT* EPS (IN RS.) CAGR 52% PBT and Margins Net Profit and
Slide 10: Leverage Profile and Working Capital Cycle
Leverage Profile and Working Capital Cycle (In Millions) FY21 FY22 FY23 H1 FY24 Key Observations Long Term Debt 1,134 5,282 6,119 5,955 Short Term Debt 11,378 24,261 40,192 32,896 • Short-term debt has improved significantly due to higher velocity in subsidy receivables. Total Debt 12,512 29,543 46,
Slide 11: Consolidated Financial Performance Summary
Consolidated Financial Performance Summary (in Rupees Million) Q2 Y-o-Y Q1 Q-o-Q H1 Y-o-Y (Rs. Million) FY2024 FY2023 Growth(%) FY2024 Growth(%) FY2024 FY2023 Growth(%) Revenue from Operations 36,830 28,637 28.6% 30,543 20.6% 67,374 52,984 27.2% Other Income 110 61 79.6% 192 (42.7)% 302 159 90.3% To
Slide 12: Key Macroeconomic Trends
Key Macroeconomic Trends • The Indian government has implemented a number of • Increasing awareness pertaining to soil profile and policies to increase the use of fertilizers and to boost nutrition management of soil is expected to spur agricultural production the market growth over the next few yea
Slide 13: Farmer Engagement: H1 2024
Farmer Engagement: H1 2024 Committed to creating a food secure nation through innovative and affordable solutions for the farmers 3,170+ Farmer Meetings 220+ Crop Seminars Retailer Meetings Crop Seminars Field Demonstrations 120+ Retailer Meetings 360+ Demonstrations 1,780+ Mobile Soil Testing Labs
Slide 14: Share Holding Pattern Top Shareholders - Sept 2023
Share Holding Pattern Top Shareholders - Sept 2023 Promoters Group % PPL Shareholdings # ZACL* 50-50 Joint Insurance Venture Companies 4% Foreign Portfolio ZMPPL** Investors OCP Group 6% 56.1 % Paradeep Phosphates Mutual Funds (DII) Promoter 19% group 56% Top Shareholders# in DII, FII and Insurance
Slide 15: About PPL
ie) About PPL
Slide 16: Manufacturing Locations
Manufacturing Locations Location Paradeep, Odisha Zuarinagar, Goa Area (Acres) 2,282 260 Target Market East, Central and South West, Central and South DAP, NPK-20, N-12, N-10, NPK-10, N-12, N-14, N-19, Feriliser Products N-14 N-28, DAP, Urea Installed fertilizer NPK / DAP: 0.8 Capacity NPK / DAP: 1.
Slide 17: Sales and Distribution Network
Sales and Distribution Network Market Presence PPL States Covered 15 Regional Marketing Offices 21 Stock Points 512 No. of Dealers 5,322 No. of Retailers 72,925 Farmers Covered ~ 8+ Mn • Structured distribution network facilitates efficient sale of products and promotes brand visibility • Undertakes
Slide 18: Core PPL Product Portfolio
Core PPL Product Portfolio Well diversified product portfolio to cover the entire range of the non urea fertilizer market • Leadership position in the non-urea fertilizer market with diversified product portfolio ensuring that farmers have access to the right products to improve their yields • The p
Slide 19: Other NPKs Products
Other NPKs Products NPK 14:28:14 NPK 24:24:00 NPK 14:28:0 NPK 14:35:14 • Contains Nitrogen, Phosphorus • It contains two major plant • Contains a minimum of 24.0% • Complex fertilizer containing all and Potassium in the ratio of nutrients, Nitrogen and Nitrogen and 24.0% Phosphorous major nutrients
Slide 20: Competitive Positioning
Competitive Positioning Backward integration of Logistics Manufacturing Comprehensive Product Well Established Sales rock phosphate, NH3 Advantage Capabilities Portfolio and Distribution Network Raw Material: Paradeep Plant: Paradeep Capacity 1.8 MTPA: Consumer Product Portfolio: Consolidated Pan In
Slide 21: PPL Growth Strategy
PPL Growth Strategy Capacity Utilization and Productivity and Cost Market Expansion Identify Inorganic Growth Product Diversification Improvement Programs through New Channels Opportunities • To achieve best capacity • Enhanced the captive • Extending market • Completed the acquisition utilization f
Slide 22: Key Highlights of the Sustainability Report
Key Highlights of the Sustainability Report Key Material Topics and Materiality Index Environmental Social Governance - 276,506 KwH Total - 2,480 employees - 60% Independent renewable including contractual Directors on Board energy consumed workers - 100 % Employees - 97% Waste recycled - 25 Average
Slide 23: 2022 Sustainability Report Highlights
2022 Sustainability Report Highlights Aligned with United Nation’s SDG Reduce environmental impact by localizing Provided regular basic health facilities via the Innovate Protect Empower the raw material Molten Sulphur from Indian ‘Mobile Health Van’ initiative led by a team of Oil Corporation Limit
Slide 24: ESG Initiatives in FY 24
ESG Initiatives in FY 24 PPL is in the journey of implementing various ESG initiatives in the FY 24 fiscal year The company published its maiden BRSR FY 23 1 report in accordance with SEBI guidelines The company is in process of publishing the FY 23 2 Sustainability Report including scope-3 GHG foot
Slide 25: Awards & Recognitions
Awards & Recognitions Industry Recognition Awards CIDC Vishwakarma Award Accolades by CII for CSR Golden Peacock Excellence Award by Best Professionally Managed Co. Energy Conservation Initiatives Award - 2022 Odisha CSR Forum - 2022 Awards Recognition for “Shared PAP Best Kalinga Environment Excell
Slide 26: Disclaimer and Contact Information
Disclaimer and Contact Information Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to “Paradeep Phosphates” future business deve
Slide 27: Thank You
Thank You Registered Office Paradeep Phosphates Limited 5th Floor, Bayan Bhavan Pandit Jawaharlal Nehru Marg Bhubaneswar - 751 001, Odisha, India Contact: +91 22 6169 5988 CorpAffairsBBSR@adventz.com 27