Tata Chemicals Limited · NSE:TATACHEM
Tata Chemicals — Q2 FY2012 Earnings Presentation
12 slides from Tata Chemicals's earnings presentation, Nov 11, 2011
Slide 1: Media Presentation
“Serving Society through Science” Media Presentation November 11, 2011
Slide 2: Q2 FY12 Performance Snapshot
Q2 FY12 Performance Snapshot* All comparisons with Q2 FY11 117% PAT at ` 275 core as compared to ` 127 crore EBIDTA at ` 674 crore against ` 428 crore 57% Net Sales at ` 3,571 crore vis-à-vis ` 2,984 crore 20% * Consolidated
Slide 3: H1 FY12 Performance Snapshot
H1 FY12 Performance Snapshot* All comparisons with H1 FY11 38% PAT at ` 475 core as compared to ` 343 crore EBIDTA at ` 1,201 crore against ` 946 crore 27% Net Sales at ` 6,525 crore vis-à-vis ` 5,507 crore 18% * Consolidated
Slide 4: Q2 FY12 Consolidated Financials
Q2 FY12 Consolidated Financials Some perspectives: • Q2 FY12 revenue does not recognise subsidy income of ` 14 crore on opening stock of raw materials for Phosphatic & Potassic fertilisers, in accordance with the office memorandum issued by the Department of Fertilisers (DoF) dated July 11, 2011. Th
Slide 5: Q2 FY12 Business Highlights
Q2 FY12 Business Highlights • Firm demand environment across major products with stable pricing situation • Improving realisations combined with efficient operations offset the pressure exerted from rising input costs • Growth across all locations - domestic and international • Customised fertiliser
Slide 6: Q2 FY12 Consolidated Financials
Q2 FY12 Consolidated Financials Net Income from Operations Profit from Operations (` crore) (` crore) 700 57% 4,000 20% 3,500 600 3,000 500 2,500 400 2,000 674 3,571 300 1,500 2,984 200 428 1,000 500 100 0 0 PAT (Post MI) EPS (Diluted and Non-annualised) 300 (` crore) (` ) 117% 12 112% 250 10 200 8
Slide 7: Key Ratios (Consolidated)
Key Ratios (Consolidated) Particulars As on September 30, 2011 As on September 30, 2010 Net Debt/Equity 0.74 0.61 Net Debt/Total Assets 0.36 0.38 Net Debt/EBITDA 1.95 1.75 Working Capital Cycle (Days) 43 33 Consolidated Cash and cash equivalents as on September 30, 2011: ` 1,320 crore 7
Slide 8: Business Performance
qp TATA Business Performance TATA CHEMICALS
Slide 9: Chemicals
Chemicals • Domestic demand for soda ash stable, rising input costs continue – partially mitigated by operational efficiencies • Tata Chemicals Magadi’s improved performance driven by higher production and better realisations • Higher production volumes combined with renegotiated contracts improve p
Slide 10: Consumer Products
Consumer Products • Tata Chemicals remains the market leader with 64% market share in the National Branded segment • Strong demand for branded salt across the nation - Branded Salt volumes growth at ~ 10% • Off-take for i-Shakti range of pulses robust backed by strong sales promotion activities 10
Slide 11: Fertilizers
Fertilizers • Rehook of ammonia convertor at Babrala on schedule – expected to be completed by Q4 FY12 • Sustained improvement in volumes of customised fertiliser • Higher sales volumes at IMACID improve performance 11
Slide 12: Growth Projects
Growth Projects • Expansion of domestic salt capacity: 200,000 TPA debottlenecking capacity at ` 180 crore on track and expected to commence operations by March 2012 • Debottlenecking of SSP capacity at Haldia: Capacity expansion by 50K TPA at a cost of ~ ` 11 crore – expected completion by Q4 FY201