Excel Industries Limited · NSE:EXCELINDUS
Excel Industries — Q1 FY25 Earnings Presentation
38 slides from Excel Industries's earnings presentation, Aug 12, 2024
Slide 1: Filing cover letter to BSE and NSE
IS/ISO9001:2015 IS/ISO14001:2015 IS/ISO 45001:2018 Excel Industries Ltd. Certifiedby BIS. 12th August, 2024 BSE Ltd. National Stock Exchange of India Ltd. Listing Department, Listing Department, Pheeroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Bandra (E), Fort, Mumbai-
Slide 2: Excel Industries Limited Investor Presentation Q1 FY25
EXCEL INDUSTRIES LIMITED Investor Presentation | Q1 FY25
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Excel Industries 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 sec
Slide 4: Q1 FY25 Financial Performance
Q1 FY25 Financial Performance 3
Slide 5: Q1 FY25 Results Highlights (Standalone)
Q1 FY25 Results Highlights (Standalone) Q1 FY25 ₹ 264.9 Cr ₹ 39.2 Cr ₹ 31.5 Cr Revenue EBITDA PAT • In Q1 FY25, the Company achieved a revenue of ₹264.9 crore. representing a 13.45% increase from Q4 FY24. The growth is primarily driven by enhanced price realization and a notable uptick in demand for
Slide 6: Standalone performance in Q1 FY25
Standalone performance in Q1 FY25 Revenue (₹ in Crs) EBITDA (₹ in Crs) PAT (₹ in Crs) +204% +331% +13% 39 32 265 234 13 7 Q4 FY24 Q1 FY25 Q4 FY24 Q1 FY25 Q4 FY24 Q1 FY25 Revenue Profile (₹ in Crs) EBITDA Margin (%) PAT Margin (%) 14.8% 11.9% 265 234 226 5.5% 195 3.1% 39 39 Q4 FY24 Q1 FY25 Q4 FY24 Q1
Slide 7: Standalone Profit and loss Statement
Standalone Profit and loss Statement Particulars (₹ in Crs) Q1 FY25 Q4 FY24 Q-o-Q Q1 FY24 Y-o-Y Revenue from Operations 264.9 233.5 13.5% 214.3 23.6% Cost of goods sold 137.9 138.8 133.8 Gross Profit 127.0 94.8 33.9% 80.5 57.7% Gross Margin (%) 47.9% 40.6% 37.6% Employee Expenses 28.9 26.8 25.8 Othe
Slide 8: Consolidated Profit and loss Statement
Consolidated Profit and loss Statement Particulars (₹ in Crs) Q1 FY25 Q4 FY24 Q-o-Q Q1 FY24 Y-o-Y Revenue from Operations 264.9 233.5 13.5% 214.3 23.6% Cost of goods sold 137.9 138.8 133.8 Gross Profit 127.0 94.8 34.0% 80.5 57.8% Gross Margin (%) 47.9% 40.6% 37.6% Employee Expenses 28.9 26.8 25.8 Ot
Slide 9: Pioneer in Chemical and Environment Management business
Excel Industries Ltd. Pioneer in Chemical and Environment Management business 8
Slide 10: Diversified Business Segments
Diversified Business Segments… Excel Industries Limited Chemicals Environment & Biotech Agrochem Intermediates Organic Waste Management Composting & Biogas Specialty Chemicals Municipal Solid Waste Management Polymer Additives Plastic Waste Management Pharmaceuticals Construction & Demolition Interm
Slide 11: Diversified Product Portfolio
… Diversified Product Portfolio Chemicals ENVIRON - BIOTECH Integrated MSW 01 Agrochemical intermediates 01 • Manufacturing of Compost, Refuse derived fuel (RDF), Recovery of Metals • P2S5, PSCl3, DETC, DMTC, DMPAT, NaTCP and Plastics recovery & recycling 02 Speciality Chemicals 02 Excel OWC • HEDP,
Slide 12: Diversified Product Applications
… Diversified Product Applications Agrochemical Corrosion Inhibitors Polymer Aids and Pharma & Veterinary Other Organic Intermediates & Chelating Agents Property modifiers Intermediates Organophosphorus Oilfield and Lube additive Water treatment Soaps & Detergents Mining additives Insecticides and H
Slide 13: Environment & Biotech
Environment & Biotech Description Product Uses Process • Can handle waste • Residential societies quantities up to 2 MT • Hotels/Restaurants EXCEL per day. • Educational Institutes ORGANIC • Decentralized • Omce Canteens WASTE organic waste treatment system. • Hospital Kitchen/Canteen CONVERTOR • In
Slide 14: Company Overview
Company Overview
Slide 15: Excel Industries At Glance
Excel Industries At Glance Established in Rs. 826Cr 1941 Revenue* • Established in 1941 with an objective to make India self reliant in chemicals by developing indigenous chemical technologies • Excel Industries manufactures complex products through 2 3 Mfg the best-in-class technological setup Segm
Slide 16: Journey So Far
Journey So Far Pre 1970’s 1970’s 1980’s 1990’s 2000’s 2010’s 2020’s 1941 - Excel 1971 - Excel goes 1983 – Manufacture of 1991 – Excel 2000 - Excel 2012 - Inauguration of 2020 –Environmental industries founded public, with our first DETC commenced at celebrates golden develops a co- Pharma facility a
Slide 17: Executive Leadership Team
Executive Leadership Team Mr. Ashwin C. Shroff Mr. Ravi A. Shroff Executive Chairman Managing Director • He has been part of the Company since 1965 • He is a third generation industrialist who is and his leadership continues to inspire the qualified as a Chemical Engineer with Masters entire group t
Slide 18: Eminent Board
Eminent Board Mr. Dipesh K. Shroff Mr. Atul G. Shroff Mr. Harish N. Motiwalla An industrialist with vast experience in the Chemicals and Mr. Motiwalla is a Chartered Accountant and a highly Agrochemicals Industries, Mr. Dipesh K Shroff serves as the A highly experienced Industrialist, Mr. Atul Shrof
Slide 19: Incoming Independent Directors w.e.f 13th August 2024
Incoming Independent Directors w.e.f 13th August 2024. Mr. Ninad D. Gupte • Mr. Ninad D. Gupte is a Bachelor of Science from Bombay University, PGDBM from XLRI-Jamshedpur and has Diploma in Tax Management. • He has a vast experience of 49 years in Agri and Specialty Chemicals Industry. • He is curre
Slide 20: State Of The Art Manufacturing Facilities
State Of The Art Manufacturing Facilities LOTE • This site is a leading producer of Organo phosphonates which are used as chelating agents in a wide range of applications including water treatment, soaps and detergents, textile auxiliaries and I & I cleaners. ROHA • Products manufactured in this sit
Slide 21: Awards & Accolades
Awards & Accolades Jamnalal Bajaj fair business ENCON, Govt of India Award PC Ray award for Indigenous for Energy Efficiency Technology Practices Award 1992 2004 1965 ICC Lifetime Achievement JSW Earth Care Award to ICC Product Stewardship Award to Mr. Ashwin Shroff Excel’s NGO ,VRTI for CSR Award 2
Slide 22: Awards & Accolades
Awards & Accolades Certificate for Longest Accident Free period & Lowest Frequency Rate Certificate of Appreciation from National Safety Council of India Shrestha Suraksha Puraskar in Chemical Manufacturing Sector for the year 2021 from National Safety Council of India Leading Company Contributing T
Slide 23: Awards & Accolades (2/2)
Awards & Accolades (2/2) 2022 : ICC Certificate of Merit. Category : Received Bronze medal for sustainability "Make in India Partnering Award” was FICCI Chemicals and Petrochemicals from Ecovadis presented to Excel during Rallis' Annual Awards 2022“ Category "Sustainability : Management of Health an
Slide 24: Ethical responsibility - Pillar of our CSR
Ethical responsibility - Pillar of our CSR 23
Slide 25: Excel's Three Pillars of Sustainability
Excel’s Three Pillars of Sustainability All Three Aspects – People, Profit and Planet must be balanced to ensure Sustainability People in Excel Industries Planet refers to the are guaranteed a work commitment by Excel environment where Industries to employees find implement value in what environment
Slide 26: Corporate Social Responsibility
Corporate Social Responsibility • Engaged in CSR initiatives since inception. • Endeavors towards creating positive change for the environment and the communities we serve. • Committed to the UN’s Sustainability Development Goals. ₹ 12+ Crs spent on CSR activities in last 5 years 25
Slide 27: Protecting the Environment
Protecting the Environment Water Security Through Community Animal Husbandry Drinking Water Facility Sand Filter Repairs of Water Wells, At- Nivi Adivasiwadi , Fish Farming Pond follow-up Visit – Goat farming – Bhise Taluka Roha - Raigad At – Pale khurd Village Roha - Raigad Roha Raigad Yashwantkhar
Slide 28: Social Upliftment
Social Upliftment Women Empowerment Millets Cakes Training, VRTI Training Hall, Nauvari Training , VRTI Hall, Roha Taluka, Flower making training, VRTI Hall Roha Taluka, Support to bussiness stall, Bhat Hall, Roha Taluka, Raigad Raigad Raigad Roha Taluka , Raigad Education Health School Head Master
Slide 29: Industry has a Huge Potential
Industry has a Huge Potential
Slide 30: Global Industry Overview
Global Industry Overview… China-plus-one MARKET SEGEMENTATION The Global Specialty Chemical Industry was valued at $910Bn in 2021 and is projected to reach $1240Bn by 2026, growing at a CAGR of - Agrochemicals - Specialty Polymers - Surfactants 6.4% from 2021 to 2026*. - Dyes and Pigments - Textile
Slide 31: Indian industry growing at double digit
…Indian industry growing at double digit The Indian chemical industry is expected to reach $304 India is expected to remain a driving force in billion by 2025, growing at a CAGR of 9.3%. (Source: TOI) Asia for chemical demand given its strong The Indian Specialty Chemical Industry was economic growt
Slide 32: Historical Financial Performance
Historical Financial Performance 31
Slide 33: Historical Performance
Historical Performance REVENUE (Rs in Crs) EBITDA (Rs in Crs) PAT (Rs in Crs) (Standalone) Chemicals ENBT 230 160 1.178 1.090 826 129 127 93 702 749 121 78 70 1.153 1.067 685 730 812 24 15 18 20 25 23 14 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 REVENUE MIX Chemicals
Slide 34: Historical Performance
Historical Performance (Standalone) Return on Capital Employed Return on Equity 34% 23% 19% 24% 19% 14% 13% 10% 3% 2% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 WORKING CAPITAL ANALYSIS# Net Debt / Equity -0.11 -0.01 -0.08 -0.07 -0.14 *82 203 78 84 62 139 52 56 *82 55 60 75 36 60 40 51 44 *47
Slide 35: Consistent shareholder returns
Consistent shareholder returns FY20 FY21 FY22 FY23 FY24* Rs 145.5 crores Rs 36.1 crore Rs 14.1 crore Rs 28.3 crore Rs 14.1 crore Rs 6.91 crore Returned to shareholders Dividend Dividend Dividend Dividend Dividend in the last 10 years; 28% CAGR growth Payout Payout Payout Payout Payout 36.1 28.3 15.7
Slide 36: Capital allocation over the last few years
Capital allocation over the last few years Capital Expenditure Capacity Expansion New Products The company executed Rs 346 Crs of Received EC from regulatory bodies to increase Capex throughout the course of the four- its production capabilities and product Introduced capacities for new products lik
Slide 37: Key takeaways
Key takeaways Sustainable Industrial Enhancing Changing Capturing Consumer oriented solutions processes R&D landscapes opportunities approach Delivering sustainable Sustainability helps to Enhancing R&D Recognizes the Many companies are The new product solutions for a better reduce carbon footprint
Slide 38: Thank You
Thank You Company : Investor Relations Advisors : Excel Industries Limited CIN: L24200MH1960PLC011807 Mr. Bhavya Shah: +91 8082748577 Mr. Devendra Dosi, CFO bhavya.shah@linkintime.co.in Chief Financial Officer Ms. Shiwani Karwat: +91 9833251393 Email: devendra.dosi@excelind.com Shiwani.karwat@linkin