Sadhana Nitro Chem Limited · NSE:SADHNANIQ
Sadhana Nitro Chem — Q4 FY24 Earnings Presentation
39 slides from Sadhana Nitro Chem's earnings presentation, Jun 19, 2024
Slide 1: Exchange filing cover letter
Date: June 19, 2024 To To BSE Limited National Stock Exchange of India Limited 1st Floor, P.J. Towers, Exchange plaza, C-1, Block G, Dalal Street, Mumbai - 400001 Bandra Kurla Complex, Bandra (E), Scrip Code: 506642 Mumbai - 400051, India Symbol: SADHNANIQ Subject: Investor Presentation for the Quar
Slide 2: Sadhana Nitro Chem Limited Investor Presentation Q4FY24
Sadhana Nitro Chem Limited Investor Presentation Q4FY24 Sadhana Nitro Chem Ltd. - Investor Presentation Q4FY24
Slide 3: Contents
Contents Management Comments Liquid Effluent Waste Disposal About Us Product Portfolios Overview Capacities PAP Expansion Highlights Product Processes: Trade Nitrobenzene Chain Our Journey MAP Health, Safety & Environment ODB2 Our Mission & Values PAP Key Attributes of the Company Corporate Social M
Slide 4: Management Comments
Management Comments We are pleased to report the impressive financial performance of our company for both the quarter and year ended 31 March 2024. In Q4FY24, our Revenue from Operations grew by a robust 34%, reaching Rs. 64.55 Cr, while our EBITDA saw a commendable increase of 17%, amounting to Rs.
Slide 5: Management Note on Vision and Future Plans
01 04 Expansion & Output Portfolio Growth Expansion Last year's expansion of our ODB2 capacity from 550 TPA to 2200 TPA has significantly We anticipate substantial growth in our boosted output, allowing us to compete pharmaceutical portfolio this year, including effectively on price and secure our s
Slide 6: About Our Company
About Our Company Established in 1973, Sadhana Nitro Chem Ltd. (SNCL), is a leading manufacturer specializing in intermediate specialty chemicals. Operating from its state-of-the-art facility Roha, which is spread over 22 acres SNCL is a government recognised 2-Star Golden Export House, with 80% of
Slide 7: Overview
Overview Over 20+ 742 tonnes 248 team international exported in members clients FY24 22 acres of 12 chemicals in 50th year of being manufacturing the product line publicly listed facility Sadhana Nitro Chem Ltd. - Investor Presentation Q4FY24
Slide 8: PAP Expansion Highlights
PAP Expansion Highlights Manufacturing International Approval 2nd Facility in the world to Approved by global clients manufacture PAP from including those based in Nitrobenzene; 1st outside North Europe, Japan & Turkey America Production Environment Approval Friendly Approval from MPCB received PAP
Slide 9: Trade
Trade International Trade UK Switzerland Germany Export Sales Canada 80% of sales come from exports to South Korea Belgium, Netherlands, Thailand, USA USA, UK, Switzerland, UAE, South Korea, Spain, Hong Kong, China, Japan, Canada, Taiwan, Czech Republic, Italy Japan Domestic Trade China Indian Sales
Slide 10: Our Journey
Our Journey 1 2 3 4 5 6 1973 1975 1979 1987 1995 1996 Founded the company Commenced production Forward Integration of Expansion of capacities Commenced production Started our European and listed on the of Nitrobenzene Nitrobenzene into Dye of dyes intermediates of Meta-Amino Phenol subsidiary, comme
Slide 11: Health, Safety & Environment
Health, Safety & Environment Our Philosophy We are committed to complying with the environment, health & safety legislations with a focus on pollution control. Enhancing the skills and the competence of our employees through appropriate training thereby enhancing safety Audit & Certifications ISO 90
Slide 12: Our Mission & Values
Our Mission & Values To offer & maintain the highest quality standards of our products, in offer to create long term & sustainable business relationships with our clients. Continuously improving our products by updating technologies through customer feedback. To become a benchmark for ethical & mora
Slide 13: Key Attributes of the Company
Key Attributes of the Company Multinational Clients In the last 50 years we have had multiple quality control multinational clients which comprise of mainly conglomerates. Licenses & Permissions We have the requisite Maharashtra pollution control board licenses and permissions. Product Applications
Slide 14: Management Team
Management Team Shri Asit D. Javeri he joined the Executive Company in Year 1984 as a Chariman Director of the Company. He is now associated with the company for over 35 years Shri Nitin Jani joined the industry Managing Shri Abhishek A Javeri moved back to Whole India to take over his family busine
Slide 15: Marquee Clients
PAPER GROUP RICOH [) Koehler hoyu ADEKA Mitsui Chemicals LOREAL TEMIN @ B Bayer CropScience © *PPvION
Slide 16: Research & Development
Research & SNCL has a government Development recognised R&D Lab with a focus on Over the years, SNCL has been working towards new, patent pending processes, In house Product for several new products. These new and Process processes are both built for transitioning Development & toward green chemistr
Slide 17: Socially Responsible Waste & Effluent Management
Socially Responsible Waste & Effluent Management A key attribute of our environmental conscious approach, accredited to our R&D department is improvement of existing processes and building new processes that are either effluent free or where the effluent is converted into sellable by products.
Slide 18: Solid Waste Disposal
Solid Waste Gypsum Iron Sludge Used by cement & fertiliser Used by steel & cement Disposal industries. industries as a raw material. Sodium/ Solid Waste Potassium Sulphite The liquid effluent generated through the manufacturing Used by paper & leather processes is treated & water is industries extra
Slide 19: Liquid Effluent Waste Disposal
Liquid Effluent Waste Disposal The balance liquid effluent is sent to the centralised effluent treatment plant (CETP) in Roha. Sadhana Nitro Chem Ltd. - Investor Presentation Q4FY24
Slide 20: Product Portfolio
Product Portfolio Nitrobenzene Metanilic Acid Meta Amino Phenol Used as a starting point Used for dye Intermediate for 12 for Aniline dyes, for intermediates applications including aniline and for other Aerospace, Cosmetics, Agro, intermediates Pharma, Military, etc. Aniline 2,5 1,2,3,4- 3,3 Dinitro
Slide 21: Product Portfolio
Product Portfolio 3,3 Di Amino Para Amino Phenol ODB2 Diphenyl Sulfone Key Active Ingredient for Colourformer used for Intermediate for Paracetamol thermal paper for Aerospace and labels, Point of Sales, lightweight Resins Airline tickets, baggage tags. Aniline Oil DEAP PFD201 Intermediate for dyes
Slide 22: Capacities
PRODUCT TPA PRODUCT TPA Capacities MAP 2500 PARA AMINO PHENOL 6000 BTCA 500 (PAP) ANILINE 2,5 1400 ANILINE 1200 ODB2 2200 AMMONIUM 4000 SULPHATE PFD201 250 4,4 ODA 300 3,3 DNDS 300 NB 12000 DEMAP 500 New Products Note: PLI Awarded for PAP for 36000 TPA Sadhana Nitro Chem Ltd. - Investor Presentation
Slide 23: Product Process: Nitrobenzene Chain
Product Process: Nitrobenzene Chain Sadhana Nitro Chem Ltd. - Investor Presentation Q4FY24
Slide 24: MAP
MAP Meta Aminophenol/3- Amino Phenol It is used in 12 different specialised applications including cosmetics, modified para aramid fibres, aerospace, colourformers, developers, Epoxy Resins, Electronic Chemicals, Pharma, Agro chemicals, dyes etc. Note: Along with being largest manufacturer of MAP gl
Slide 25: Why our MAP?
Why our MAP? Chinese Manufacturers SNCL Solvent is used in the process. No solvent is used in the process. Therefore impurities enter the end Crude MAP is directly distilled into product. flakes. Purity - up to 98% Purity - 99.95% Off white granules White Flakes Backward Integrated from Benzene Depe
Slide 26: ODB2
2500 Capacity (TPA) ODB2 2-phenyl amino-3-methyl-6-dibutyl amino fluoran 2000 It is used in as a chemical in thermal paper application, widely used for credit card receipts, boarding passes, luggage tags, e-commerce slips etc. 1500 Note: ODB 2 is backward integrated - NB to MAP and further MAP to Ke
Slide 27: ODB2
ODB2 Future prospects with ODB2 From 2024, SNCL will start in-house manufacturing of one of the key raw materials required for ODB2. This RM is currently being imported from China, which increases cost and uncertainty. With full plant integration we will be the only ODB2 manufacturer across the Glob
Slide 28: PAP
PAP Para Amino Phenol Para Amino Phenol is the intermediate one step prior to the world’s leading pain killer Paracetamol. It is also used in Aerospace, Cosmetics and others apart from it’s primary usage. India needs 60000TPA of PAP to be imported from China for Paracetamol, however due to permanent
Slide 29: PAP
PAP Production Linked Incentive Scheme Sadhana Nitro Chem has been awarded from the PLI scheme for manufacturing of 36000 TPA of PAP. The company is rapidly scaling at a current run rate of about 3000 TPA. Economics SNCL’s cost of manufacturing is sustainable in the long term Manufacturers Process a
Slide 30: Para Aminophenol
Para Aminophenol PNCB Route NB Route Ammonium Sulphate is a by-product Usage Highly Polluting which is a raw material for Fertilisers Sadhana Nitro Chem is on the way to become the largest PAP manufacturer in the world and in Greyish product requiring 10% subsequently one of the top 3 Paracetamol Pu
Slide 31: PAP Global Demand - 160000 TPA & growing
PAP Global Demand - 160000 TPA & growing Manufacturers 140000 PAP Supply Spread India 120000 10% 100000 USA 12% 80000 60000 40000 20000 China 0 78% Chinese Other Indian Sadhana Nitro Chem Ltd. - Investor Presentation Q4FY24
Slide 32: Corporate Social Responsibility
Corporate Social Responsibility Women’s Reform Ashram Mumbai Central, Mumbai The promoter’s family has set up several charitable institutions dating back over a hundred years. The objectives of the trusts vary from medical & healthcare to education & Student’s Hostel Mumbai Central, Mumbai women ref
Slide 33: Income Statement Highlights
Income Statement Highlights (Consolidated) Particulars (Rs. Crores except EPS) Q4FY24 Q4FY23 YoY% Q3FY24 FY24 FY23 YoY% Revenue from Operations 64.55 48.16 34% 44.08 190.05 143.33 33% Other Income 2.47 0.32 0.77 3.96 1.79 Total Revenue 67.02 48.48 38% 44.85 194.01 145.12 34% Total Expenses excluding
Slide 34: Balance Sheet
Balance Sheet PARTICULARS YEAR ENDED YEAR ENDED PARTICULARS YEAR ENDED YEAR ENDED Consolidated (Rs. in Crores) Consolidated (Rs. in Crores) AUDITED AUDITED AUDITED AUDITED EQUITY AND LIABILITIES EQUITY 31.03.2024 31.03.2023 A. Assests 31.03.2024 31.03.2023 (a) Equity Share Capital 24.71 20.21 1. Non
Slide 35: Financial Summary - Q4FY24
Financial Summary - Q4FY24 Revenue From Operations PAT & PAT Margin EBITDA & EBITDA Margin Revenue from Operations Growth PAT PAT Margin EBITDA EBITDA Margin 70.00 In INR Crores 67.02 2.00 14.00 In INR Crores In INR Crores 3.63% 12.17 11.76 60.00 1.76 12.00 1.50 10.02 50.00 48.48 38% 10.00 27.13% 44
Slide 36: Financials Summary - FY24
Financials Summary - FY24 Revenue From Operations EBITDA & EBITDA Margin PAT & PAT Margin Revenue from Operations Growth EBITDA EBITDA Margin PAT PAT Margin In INR Crores 50.00 In INR Crores 5.00 In INR Crores 200.00 190.05 45.03 4.08 40.00 23.21% 4.00 150.00 34% 143.33 3.18 30.00 3.00 2.19% 23.01 1
Slide 37: Capital Markets Data
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Slide 38: Disclaimer
Disclaimer Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relat
Slide 39: Thank You
Thank You Investor Relations Advisor: Brijesh K. Impress Strategic Communications Private Limited Email: sadhananitro@impressir.com Sadhana Nitro Chem Ltd. - Investor Presentation Q4FY24