Tata Chemicals Limited · NSE:TATACHEM
Tata Chemicals — FY2011 Earnings Presentation
16 slides from Tata Chemicals's earnings presentation, May 23, 2011
Slide 1: Media Presentation
“Serving Society through Science” Media Presentation May 23, 2011
Slide 2: Financial Highlights
Financial Highlights • Net Sales at ` 11,060 crore; up by 16% • Profit from Operations at ` 1,864 crore • PBT higher by 20% at ` 1,121 crore • PAT after Minority Interest at ` 653 crore; up 8% • EPS at ` 26.10 • Board of Directors recommend dividend of ` 10 per share
Slide 3: Corporate Initiatives
Corporate Initiatives • „i-Shakti Dals‟ launched in Delhi – Thrust on offering quality and hygienic pulses at an affordable price through linkages with the farmer • Initial investment of USD 15 million in the biofuel production in Mozambique on engineering and infrastructure • Acquired 25.1% stake i
Slide 4: Republic of Gabon (RoG)
Republic of Gabon (RoG) RoG Snapshot • An oil rich country in Equatorial West Africa • Spread across 267,667 kms • Population: 1.5 million • Economy dominated by oil & mining • Third highest GDP in Sub-Saharan Africa: USD 14,000 (2009 est.) • Sovereign Rating similar to Philippines: BB- (S&P) 4
Slide 5: Q4 FY11 Performance Highlights
Q4 FY11 Performance Highlights Overall • Healthy demand environment across all products • Rising input costs, however, continuing to exert pressure • Efficient operations enable stable margins Chemicals • Mithapur operations register encouraging performance despite cost pressures • Extreme winter an
Slide 6: Q4 FY11 Performance Highlights
Q4 FY11 Performance Highlights Consumer Products • Demand for branded salt remains strong across the nation • Encouraging response for i-Shakti pulses – Sales of over 1,000 tonnes over three months since launch • “Swach” sales strong - FY2011 sales over 4 lac units vis-à-vis target of 5 lac units •
Slide 7: PAT & EPS
PAT & EPS qp TATA FY11 PAT (Post Ml) Q4 FY11 PAT (Post Ml) (® crore) (crore) 660 480 550 150 440 420 330 653 90 220 60 110 30 04 ; - : © N & & 30.00 FY11 EPS (diluted & annualized) 8.00 Q4 FY11 EPS (diluted & non- 25.00 @) annualized) 20.00 6.00 ®) 4.00 15.00 25.61 26.10 10.00 200 5.00 _ S N © \ os
Slide 8: Key Ratios (Consolidated)
Key Ratios (Consolidated) Particulars As on March 31, 2011 As on March 31, 2010 Net Debt/Equity 0.80 0.81 Net Debt/Total Assets 0.37 0.37 Net Debt/EBITDA 2.34 2.08 EPS (Diluted & annualized) 26.10 25.61 Consolidated Cash and cash equivalents as on March 31, 2011: ` 1,345 crore 8
Slide 9: Segmental Performance
qp TATA Segmental Performance TATA CHEMICALS
Slide 10: Inorganic Chemicals
Inorganic Chemicals • Domestic demand for Soda ash and sodium bicarbonate healthy - expected to rise by 5% and 14% respectively during FY2012 • However, rising input (coal, coke & limestone) costs continue to exert pressure • Demand outlook in India, China and Latin America robust • Extreme winter d
Slide 11: Consumer Products
Consumer Products • Tata Chemicals remains the market leader with 62% market share in the National Branded segment • Branded Salt volume growth strong at ~ 10% • Momentum in “Swach” continues – FY2011 sales at over 4 lac units • New introductions “Swach” and “Swach Magic” show promise • Swach now av
Slide 12: i-Shakti Pulses
i-Shakti Pulses • India's first National brand of pulses – “i-Shakti dals” - launched 4 popular varieties of pulses (Chana, Toor, Urad & Moong) • i-Shakti dals sales at over 1,000 tonnes for FY2011 • Currently present in 3 states - to be rolled out to over 12 states during FY2012 Tata Chemicals‟ „Fa
Slide 13: Fertilizers
Fertilizers • Phosphatic Fertiliser under pressure due to low subsidy, high input costs • Subsidy rates for DAP and MOP increased to USD 612 and USD 420 respectively - increase a positive for industry – reduces pressure on operations • Improved phosphoric acid prices lend healthy visibility for IMAC
Slide 14: Rallis India
Rallis India • Strong growth in domestic business driven by value added offering to farmers in the last four years – despite the setback due to unseasonal rains Particulars (` crore) Q4 FY11 Q4 FY10 FY11 FY10 Net Sales (Incl. Other Operating 232 203 1,074 897 Income) Profit from 35 38 197 174 operat
Slide 15: Growth Projects
Growth Projects • Debottlenecking of SSP capacity at Haldia: Capacity expansion by 50K TPA at a cost of ~ ` 11 crore – expected completion by Q4 FY2012 • Expansion of domestic salt capacity: 200K TPA debottlenecking capacity at ` 180 crore on track and expected to commence operations by March 2012 •
Slide 16: Providing LIFE: Living, Industry & Farm Essentials
Providing LIFE Living, Industry & Farm Essentials Mission Serving Society through Science Values Integrity Safety Excellence Care Innovation Vision To be amongst premier chemical companies by: Leveraging Science to deliver new and innovative offerings Enhancing value to our customers Deliverin