Slides
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Chemplast Sanmar Ltd. Investor Presentation – Q3 & 9M FY ’26
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Safe Harbour This presentation and the accompanying slides (the ‘Presentation’), which have been prepared by Chemplast Sanmar Ltd. (the ‘Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This Presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company. 2
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Performance Highlights
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Key Highlights PVC (both Suspension and Paste) • Domestic demand for Paste PVC remained stable during the quarter. The ADD on Paste PVC imports from the EU and Japan is progressing well. • The Suspension PVC business faced a difficult operating environment, impacted by weather-related disruptions, lower import prices due to the non-implementation of long-awaited ADD. • On the positive side, the Chinese government’s decision to withdraw the Suspension PVC export tax rebate effective from April 2026 is expected to reduce the export competitiveness of Chinese exporters. We are already seeing some signs of revival in the Suspension PVC pricing. Custom Manufactured Chemicals Division (‘CMCD’) • CDMD performance was impacted by the agrochemical slowdown, while new product development and capacity expansion initiatives continued as planned. Value-added Chemicals (‘VAC’) • Caustic soda prices and margins remained under pressure globally, with domestic overcapacity adding to the impact. • Hydrogen Peroxide volumes were impacted during Q3, primarily due to reduced caustic soda output at the Mettur facility. Performance Highlights: Q3 & 9M FY ’26 4 Rs. Cr All computations are on Consolidated basis Revenues EBITDA 1,058 1,033 835 Q3 FY '25 Q2 FY '26 Q3 FY '26 32 43 (57) Q3 FY ‘26 PAT Revenues EBITDA 3,195 2,968 9M FY '25 9M FY '26 PAT 182 4 9M FY '25 9M FY '26 (56) (234) 9M FY’25 9M FY’26 (49) (51) (119) Q3 FY ‘25 Q3 FY ‘26Q2 FY ‘26 Q3 FY ‘25 Q2 FY ‘26
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 MD’s Message 5 “Q3 FY ‘26 was a challenging quarter, with performance impacted by pricing pressure across products. Despite these headwinds, we remained focused on disciplined execution, cost control, and maintaining operational stability, while continuing to progress on our strategic initiatives. We are seeing some signs of revival in the Suspension PVC segment on the pricing side, driven by policy changes around the tax rebate by the Chinese Government. The ADD investigation on Paste PVC imports from the EU and Japan is progressing well. On the capex front, MPB-3 Phase 3 and MPB-4 civil works are progressing as planned, with completion expected in Q4 FY ‘26 and Q1 FY ‘27, respectively. On our refrigerant gas project, the R32 capacity expansion to 14 ktpa is underway, including two new R32 plants (10 ktpa and 2 ktpa) and conversion of existing R22 capacity into a swing plant at Mettur; commercial sales are expected post swing-plant commissioning in Q4 FY ’26. Consequently, we expect to start FY ‘27 on a stronger note, with easing of pricing pressure in our key products. With new capacity additions nearing completion, and regulatory and structural developments supporting improved market sentiment, we believe that Company is well placed to navigate near-term volatility and deliver sustainable growth going forward.” Ramkumar Shankar Managing Director
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Segmental Highlights - Quarterly 6 “mt “stands for metric tons ^ - specialty chemicals comprises of Paste PVC, CMCD and Refrigerant gas # - VAC includes Caustic Soda, Chloromethanes & Hydrogen Peroxide Rs. Cr Specialty Chemicals^ Value - Added Chemicals# Suspension PVC Consolidated mt Sales Volume 1,058 1,033 835 Q3 FY '25 Q2 FY '26 Q3 FY '26 525 523 394 Q3 FY '25 Q2 FY '26 Q3 FY '26 153 138 105 Q3 FY '25 Q2 FY '26 Q3 FY '26 380 372 336 Q3 FY '25 Q2 FY '26 Q3 FY '26 39,435 36,732 30,377 Q3 FY '25 Q2 FY '26 Q3 FY '26 24,931 29,028 28,177 Q3 FY '25 Q2 FY '26 Q3 FY '26 1,34,341 1,42,730 1,21,322 Q3 FY '25 Q2 FY '26 Q3 FY '26 69,975 76,970 62,768 Q3 FY '25 Q2 FY '26 Q3 FY '26 Revenue Break-up
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Segmental Highlights – Nine Months 7 “mt “stands for metric tons ^ - specialty chemicals comprises of Paste PVC, CMCD and Refrigerant gas # - VAC includes Caustic Soda, Chloromethanes & Hydrogen Peroxide Rs. Cr Specialty Chemicals^ Value - Added Chemicals# Suspension PVC Consolidated mt Sales Volume 3,195 2,968 9M FY '25 9M FY '26 1,699 1,525 9M FY '25 9M FY '26 454 381 9M FY '25 9M FY '26 1,042 1,062 9M FY '25 9M FY '26 1,26,243 1,02,492 9M FY '25 9M FY '26 71,747 83,608 9M FY '25 9M FY '26 4,18,235 4,18,687 9M FY '25 9M FY '26 2,20,245 2,32,587 9M FY '25 9M FY '26 Revenue Break-up
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Consolidated Profit & Loss Account 8 Particulars Q3 FY ’26 Q3 FY ’25 Y-o-Y Q2 FY ’26 Q-o-Q 9M FY’26 9M FY’25 Y-o-Y Revenue from Operations 835 1,058 -21% 1,033 -19% 2,968 3,195 -7% Cost of Goods Sold 573 683 644 1,949 1,992 Employee Cost 65 67 65 195 191 Other Expenses 254 276 281 821 830 EBITDA (57) 32 n.a. 43 n.a. 4 182 -98% EBITDA Margin % -7% 3% 4% 0% 6% Other income 5 11 7 21 33 Depreciation 53 47 52 159 137 EBIT (105) (4) n.a. (2) n.a. (134) 78 n.a. Finance Cost 58 59 60 178 174 Profit Before Tax (163) (63) n.a. (62) n.a. (311) (96) n.a. Tax (44) (14) (11) (77) (40) PAT (119) (49) n.a. (51) n.a. (234) (56) n.a. n.a. - not applicable Rs. Cr
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Standalone Profit & Loss Account Particulars Q3 FY ’26 Q3 FY ’25 Y-o-Y Q2 FY ’26 Q-o-Q 9M FY’26 9M FY’25 Y-o-Y Revenue from Operations 504 586 -14% 558 -10% 1,558 1,662 -6% Cost of Goods Sold 275 307 279 768 817 Employee Cost 47 47 44 132 131 Other Expenses 197 217 218 633 640 EBITDA (14) 15 n.a. 18 n.a. 26 74 -65% EBITDA Margin % -3% 2% 3% 2% 4% Other income 2 4 3 11 14 Depreciation 39 35 38 116 102 EBIT (51) (16) n.a. (17) n.a. (80) (15) n.a. Finance Cost 26 21 28 80 61 Profit Before Tax (77) (37) n.a. (45) n.a. (160) (76) n.a. Tax (20) (8) (10) (40) (35) PAT (56) (30) n.a. (36) n.a. (120) (40) n.a. n.a. - not applicable Rs. Cr 9
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Company Overview
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Chemplast Sanmar: Leading Chemical Manufacturer in India… #1 manufacturer of Specialty Paste PVC resin in India #1 manufacturer of S- PVC in South India & 2nd largest in India(1) Leading player in Custom Manufactured chemicals #1 manufacturer of Hydrogen Peroxide in South India One of the oldest manufacturers of Chloromethanes in India #5 manufacturer of Caustic Soda in South India Marquee parentage The Sanmar Group is amongst the oldest and most prominent corporate groups in South India Fairfax, a well-known international investor, has been an investor since 2016 in the SHL Chemicals Group (3) 4 Manufacturing sites with a high degree of backward integration (2) Experienced management team with deep domain expertise Rs. 4,346 Cr Revenue Rs. 219 Cr EBITDA Consolidated FY ’25 Note: 1. S-PVC – Suspension PVC ; Through its wholly owned subsidiary, Chemplast Cuddalore Vinyls Limited (‘CCVL’) 2. For significant portion of its operations 3. Through FIH Mauritius Investments Limited 11
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Chemplast Sanmar CCVL (2) … with a Diversified Product Portfolio End-user industries Specialty Paste PVC resin Custom Manufacturing Refrigerant Gases (HFOs) Caustic Soda Hydrogen peroxide Chloromethanes Capacity (mtpa) 107,000 4,500 (3) 1,700 (R-22) 119,000 34,000 (4) 35,000 331,000 FY ’25 Sales split 34% 14% 52% Q3 FY’26 Sales split 40% 13% 47% Specialty Chemicals(1) Value-added Chemicals Suspension PVC Note: 1. Specialty chemicals comprises of Paste PVC, CMCD and Refrigerant gas 2. Wholly-owned subsidiary of Chemplast Sanmar Ltd. 3. Including capacity of the Phase 1 and Phase 2 expansions of the new Multi -purpose Block 4. The Hydrogen Peroxide capacity is calculated at 50% concentration level, in line with industry standards. (‘mtpa’ stands for metric tons per annum) 12 Footwear Auto and Furniture upholstery Artificial leather products Mats Pharma Agrochemicals Fine Chemicals Irrigation Real estate Urban infra Paper Textile TextilesPaper Organic and Inorganic Chemicals Effluent treatment at refineries Dis- infectants Pharma Agro- Chemicals Refrigerants AC
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 1. Specialty Paste PVC 13 CSL is the oldest player and one of only two companies in India having the requisite technology > 60% of Paste PVC capacity is backward integrated Leadership position in Indian market; With the 41 ktpa expansion, CSL has ~83% of domestic production capacity and ~66% market share with the downstream capacities configured to CSL’s resin quality Long-standing customer relationships The Sanmar Advantage Part of Specialty chemical division of Chemplast Sanmar. Largest manufacturer of Specialty Paste PVC resin in India • Manufactured at Mettur facility since 1968; 41 ktpa one-step process capacity added at Cuddalore in Q4-FY ‘24 • Primary raw materials include EDC, Ethylene, Chlorine and VCM (for 41 ktpa - Cuddalore facility) • In-house capacity to manufacture significant portion of EDC and all of VCM requirements for the backward integrated capacity of 66 ktpa. This provides flexibility in operations and reduces dependence on external suppliers. • High repeat business – customer stickiness Key growth drivers • India is heavily import-dependent - import substitution opportunity • Enough headroom to grow – no capacity expansions have been announced – technology is a barrier • Growing demand in end-user industry driven by low per capita consumption • Customer stickiness
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 2. Custom Manufactured Chemicals 14 Renowned for our Sustainability, Environmental and Safety stewardship Professional management with high standards of ethics and integrity Proven track record of execution, with a long history of partnerships with global originator and innovator companies Extremely careful with the intellectual property of our customers Ability to handle complex chemistries and complex chemicals due to our process technology, process improvement and product development capabilities. World-class research and development capability combined with a broad range of chemical technologies at production scale Highly qualified engineers and chemists Benefit and advantage of having facilities with land available for future expansion Proactive investment in ‘best in class’ hardware - production blocks, lab and pilot capabilities, process safety labs The Sanmar Advantage Part of specialty chemicals division of Chemplast Sanmar; growing rapidly on the back of 15 years of long-standing client relationships • Quality manufacturing at Berigai facility in a safe and sustainable manner • Custom manufactures starting materials, advanced intermediates and active ingredients for global innovator companies – ‘One Product to One Customer’ strategy • Wide range of chemistry capabilities such as cyanation, hydrogenation, liquid purification etc. • In-house process research, process engineering and large-scale manufacturing capabilities, making it a one-stop shop manufacturing of newly discovered molecules Capacity (in mt) Key growth drivers • India’s share in the global outsourced Agro CMC market increasing at a faster pace of 10%- 12% • Increasing EU regulatory constraints • ‘China +1’ strategy - India to be a focus region as companies move away from China for custom manufacturing • Higher penetration of API manufacturing in India 1068 5410 2000 1432 910 Existing Phase 1 Phase 2 Phase 3 Steady state Commissioned (Sep ’23) Commissioned (Dec ’24) Project initiated
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Mettur Location 10 ktpa (new) + 2 ktpa (new) + 2 ktpa (existing R22 to be converted as a swing plant) Total 14 ktpa R32 capacity 3. Expanding Horizons in Fluorine Chemistry and Refrigerant Science - logical extension from R22 15 Smaller Impact on Environment R-32 has zero ODP (Ozone Depletion Potential) Low GWP (Global Warming Potential), i.e., 675, lower than the GWP of currently used R-410A or R-22. High Energy Efficiency Lower peak power use helps ease grid load during high-demand periods Low Flammability R-32 (Class 2L) has a low burning velocity, minimizing flame spread and reducing fire hazards. Risk assessments confirm R-32's safe use in equipment with minimal fire risk. Growing market India’s demand for Room Air Conditioning is growing strongly Attractive project economics Fluorination Chemistry One of the earliest producers of Refringent gases and Chloromethanes in India. Chloroform from Mettur plant is used as input for R-22 production. Expertise in R22 Commenced Refrigerant Gas operations in October 1988 at Mettur, Tamil Nadu, manufactures hydrochlorofluorocarbons (HCFCs / R22) – capacity of 1,700 mtpa Company manufactures and markets HCFCs under the brand name Mettron. Benefits of R32 Rationale End User Market • Residential Air Conditioning • Commercial Air Conditioning • Industrial Refrigeration & Cold-chain • Refrigerated trucks and trailers R32
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Part of Value-added chemicals division of Chemplast Sanmar; these complete the integration story of the company 4. Caustic Soda | Hydrogen Peroxide | Chloromethanes 16 Caustic soda Hydrogen Peroxide Chloromethanes Capacity 119,000 mtpa Capacity 34,000 mtpa Capacity 35,000 mtpa • Generated as a joint product in the process of manufacture of chlorine • Sold at 48-50% concentration to customers • Part of downstream integration as a value-added product • Plant is designed for a capacity of 34,000 tons per year of 50 percent concentration. Production process adopted is environment- friendly • Refers to a group of products namely, Methyl Chloride, Methylene Dichloride, Chloroform and Carbon Tetra Chloride • Part of downstream integration as a value-added product Fully integrated operations resulting in sufficient control over feedstock Entire chlorine consumed in-house; no disposal issues Diversified product portfolio and customer base The Sanmar Advantage
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 5. Suspension PVC 17 Strong customer relationships with a diversified dealer/ customer network Leadership position in South India Shore-based facility for seamless and safe import of feedstock Asset-light model with sufficient infrastructure for future expansions The Sanmar Advantage Largest manufacturer of S-PVC (1) in South India and second largest in India • Manufactured at Cuddalore facility since 2009; 331 ktpa capacity • This facility has a captive import terminal facilitating VCM imports for PVC production • One-step non-integrated manufacturing process Key growth drivers • Significant gap between demand and supply: Despite new capacity addition announcements, India will continue to be a huge deficit market • Import substitution opportunity: More than 60% of Indian demand served through imports • Growing demand in end-user industry driven by low per capita consumption 1. Through its wholly owned subsidiary, Chemplast Cuddalore Vinyls Limited (‘CCVL’)
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Key Strengths
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Key Strengths Chemplast Sanmar Limited ‣ Over five decades track record ‣ State-of-the-art manufacturing units at strategic locations ‣ Significant expansion projects – Speciality chemicals ‣ Steady growth industry ‣ Strong focus on sustainability ‣ Committed leadership team with eminent board 19
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 1. Over five decades track record 20
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 • The site consist of 4 plants with high degree of integration • Zero liquid discharge facility • Sourcing of power from a captive power plant of 48.5 MW • Access to salt fields at Vedaranyam, a key raw material • Fully equipped, Multi-purpose facility • Fully automated with distributed control systems and modern technologies • Capability to support development work in various chemistries at the laboratory scale and pilot scale • Zero liquid discharge plant | Desalination plant • Captive terminal for import of feedstock and sale of product • Two captive power plants of 8.5 MW and 3.5 MW • Double walled insulated cryogenic Ethylene storage tank with 4 kt capacity • Access to salt fields at Vedaranyam, a key raw material • Zero liquid discharge plant • Desalination plant • Captive terminal for import of feedstock • Two refrigerated VCM storage tanks with a capacity of 7,500 mt each Cuddalore, Tamil Nadu 2. State-of-the-art Manufacturing Units… 21 Location 01 Mettur, Tamil Nadu Berigai, Tamil Nadu02 03 Karaikal, Puducherry 04 • Paste PVC – 66 ktpa • Hydrogen Peroxide – 34 ktpa • Chloromethanes – 35 ktpa • Refrigerant gas – 1.7 ktpa • Custom manufacturing – 4,500 mtpa • EDC – 84 ktpa (Captive purpose) • Suspension PVC - 331 ktpa • Paste PVC – 41 ktpa Combined Caustic Soda capacity of 119 ktpa, manufactured at Mettur and Karaikal
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Karaikal Plant Mettur Plant Salt 400kt (Vedaranyam) Power Plant 12 MW Electrolysis EDC 84 kt Gas Ethylene Chlorine State Grid … with a High Degree of Backward Integration Coal Power Plant 48.5 MW Electrolysis Caustic Soda Methanol Imported EDC Paste PVC 66 kt Chlorine Chloromethanes 35 kt Hydrogen Hydrogen Peroxide 34kt HCl HCl VCM 70 kt Externally Procured By Product Product Sold Quantity of EDC manufactured at Karaikal plant and the EDC imported will depend on the relative pricing vis-à-vis international markets 22 Caustic Soda Ref. Gases Backward Integration Paste PVC ✓ CMC division NA Caustic Soda ✓ Hydrogen Peroxide ✓ Chloromethanes ✓ Suspension PVC New Paste PVC (Cuddalore)
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 3. Significant expansion projects – Speciality chemicals 1,068 mtpa Starting point (2021) 5,410 mtpa Steady state Custom Manufacturing USD 2 Billion Addressable market size* • Commissioned Phase 1 of new multi-purpose production block (‘MPB’) in Sep ‘23 • Commissioned Phase 2 of multi-purpose block (‘MPB’) in Dec’24 • Project activities for Phase 3 of new MPB is expected to be completed by Q4 FY ‘26 and civil & infrastructure work for the next MPB is targeted for completion by Q1 FY ‘27 • Facility being enhanced at Berigai – will leverage on the existing infrastructure available at the location 2,000 mtpa Phase 1 1432 mtpa Phase 2 23 Commissioned (Sep ’23) * Management Estimates Commissioned (Dec’24) 910 mtpa Phase 3 Project initiated
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 4. Steady Growth Industry… 24 Specialty Paste PVC Suspension PVC Custom Manufactured Chemicals Products Key Highlights End user Addressable Market Size* Chemplast Sanmar Position • India heavily import dependent • Enough headroom to grow – no capacity expansions announced – technology is a barrier • Customer ‘stickiness’ • India heavily import dependent • Demand growing at a fair clip • New capacities announced are not enough to meet growing demand • India set to outpace global Agro-CMC market - AIs and advanced intermediates • ‘China + 1’ play • High margin business • Predominantly leather cloth followed by mats, gloves etc. • Leather cloth caters to footwear, auto upholstery and other upholstery segments • Predominantly for pipes used for water conveyancing, construction etc. • Other segments like window profiles, furniture are fast growing • Market leader in India – first to seed the product in India – Leadership position strengthened further post the 41 ktpa capacity addition in FY ‘24 • 2nd largest in India and largest player in South India • Dominant presence in South and East markets • Feedstock tie-up key to expansion • Agri and Pharma innovators • Top priority for capital allocation - will drive growth for CSL going forward • Additional capex of ~ Rs. 160 crore will further enhance the capacity of the new multi-purpose production block • CSL’s track record in customer relationships helping in winning new orders 178 kt 4.3 million mt ~ USD 2 billion *Management Estimates - March 2025 ‘mtpa’ stands for metric tons per annum; ‘ktpa’ stands for kilo tons per annum
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 … with CSL’s unique position to capitalize on it Leverage Existing Infra Owns vacant industrial land and other infrastructure for future leg of expansion High Safety & Quality Standards High standards of Environmental, Health and Safety compliance, extended customer validation and approvals process, ongoing process innovation and optimization, high-quality standards and stringent specifications Ability to Handle Feedstock Significant expertise is available within the Chemplast ecosystem in processing and handling complex chemicals such as Chlorine, Ethylene dichloride, Fluorine, Peroxides, Chlorosilanes and Sodium Cyanide Technology not available on License Paste PVC manufacturing technology is closely guarded and is not readily available on license Long term relationships With feedstock suppliers & customers Complex Chemistry Well-renowned in the industry for our chemistry strengths & ability to handle complex chemicals 01 03 05 06 02 04 25
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 5. Strong Focus on Sustainability… 26 • Zero liquid discharge policy • Desalination plants at coastal facilities - avoid usage of groundwater • Rain water harvesting & ground water recharging capacities at Mettur facility Environment Friendly Practices Health & Safety Measures • Transport safety - Installation of speed control & safety systems in trucks • Process safety – PSM, BBS • Personnel safety – PPE • Harmonious relationship with neighboring communities • Receive enquiries from potential customers focused on sustainability • Reduce power and water cost Pioneers in Zero Liquid Discharge • Installed Zero Liquid Discharge (ZLD) facilities at its Mettur plant • In Cuddalore and Karaikal, ZLD has been the norm right since the inception of the units • In Sep ’09, Chemplast became the first chemical manufacturer to achieve 100% ZLD in all its plants Annual sustainability reports published for over a decade
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 … with various awards & recognitions 27 Key AwardsAccreditations Sword of Honor British Safety Council 2020, Cuddalore 5-Star Rating British Safety Council Cuddalore, Mettur (All Plants) Sword of Honor British Safety Council 2021, Mettur Plant 2 ECOVADIS SILVER MEDAL ICC’s Award for Excellence in Management of Environment 2021 Star Award from National Safety Council FICCI Sustainability Award Excellence in Safety (Petrochemicals) 2017 Sustainability CSR Safety Safety FICCI Safety system Excellence Award 2019 Safety One of the two winners of the ‘Sustainability Award for Carbon Reduction’ presented by Syngenta, a global innovator and a key customer of the Custom Manufactured Chemicals Division Sword of Honor British Safety Council 2023, Plant 1 & 4, Mettur & Karaikal
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Sumit Maheshwari Non-Executive & Non-Independent Director 6. Committed Leadership Team With Eminent Board 28 Aditya Jain Independent Director Dr. Lakshmi Vijayakumar Independent Director Sanjay Bhandarkar Independent Director Prasad Menon Independent Director Vijay Sankar Chairman & Non Executive Director Ramkumar Shankar Managing Director Dr. Krishna Kumar Rangachari Business Head - Custom Manufactured Chemicals Division N Muralidharan Chief Financial Officer M Raman Company Secretary & Compliance Officer M N Bhaskaran Executive Director – Head of Operations Distinguished Board of Directors Experienced Management Team Vikram Hosangady Independent Director Mukund Iyer Deputy Managing Director M Shanmugananth Deputy Managing Director
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Historical Financials
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Historical Segmental Highlights 30 Rs. Cr Speciality Chemicals^ Value-added Chemicals# Suspension PVC Total* mt Revenue Break-upSales Volume 937 1,310 1,122 980 1,464 FY '21 FY '22 FY '23 FY '24 FY '25 351 699 819 503 623 FY '21 FY '22 FY '23 FY '24 FY '25 2,511 3,883 3,000 2440 2259 FY '21 FY '22 FY '23 FY '24 FY '25 1,04,441 1,45,917 1,56,820 1,41,379 1,68,333 FY '21 FY '22 FY '23 FY '24 FY '25 4,41,587 5,11,761 5,52,219 5,38,545 5,66,556 FY '21 FY '22 FY '23 FY '24 FY '25 63,849 66,576 70,392 71,525 98,339 FY '21 FY '22 FY '23 FY '24 FY '25 2,73,296 2,99,268 3,25,007 3,25,641 2,99,884 FY '21 FY '22 FY '23 FY '24 FY '25 3,799 5,892 4,941 3,923 4,346 FY '21 FY '22 FY '23 FY '24 FY '25 “mt “stands for metric tons ^ - specialty chemicals comprises of Paste PVC, CMCD and Refrigerant gas # - VAC includes Caustic Soda, Chloromethanes & Hydrogen Peroxide *- Consolidated revenue excludes inter-company sales between CSL & CCVL
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Performance Trend Revenue EBITDA PAT Net Debt All computations are on consolidated basis Historical numbers are restated post CCVL acquisition in FY ‘21 ++ Excludes post tax impact of gains/ (loss) from JV & Associates: Rs. 100 Cr gain in FY ’21; These investments have been delinked in FY ’21. 22% 20% Rs. Cr Margin9% 31 855 1,197 468 26 219 FY '21 FY '22 FY '23 FY '24 FY '25 3,799 5,892 4,941 3,923 4,346 FY '21 FY '22 FY '23 FY '24 FY '25 1% 8% 11% 3% 310++ 649 152 (158) (110) FY '21 FY '22 FY '23 FY '24 FY '25 -4% 1459 (362) (184) 741 1,117 FY '21 FY '22 FY '23 FY '24 FY '25 5% -3%
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Custom Manufacturing Revenue is likely to grow with the commissioning of the new multi-purpose facility, healthy product pipeline and increasing demand from innovator companies 2 Suspension PVC 4 The margins are likely to improve and sustain over the medium to long term given the global imbalance with demand growth expected to exceed supply growth Speciality Paste PVC The Company expects margins to improve and sustain over the medium to long term driven by the tightness in global demand supply 1 32 Way forward Chloromethanes As new capacities in India settle into the market, margins are expected to remain under pressure in the short-term and then improve, as the downstream demand continues to expand 6 Hydrogen Peroxide 7 In the short-term, realisations are under pressure and expect to stabilize in the medium-term Caustic Soda Realisations are healthy and expected to be stable going forward5 R - 32 3 Foray into next generation refrigerant gases; Logical extension from R - 22
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Chemplast Sanmar Ltd. CIN- L24230TN1985PLC011637 Harish Sridhar - Investor Relations grd@sanmargoup.com www.chemplastsanmar.com Company Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Shikha Puri / Aashaka Thakar shikha.puri@sgapl.net/ aashaka.thakar@sgapl.net +91 9819282743 / +91 9328603124 www.sgapl.net Investor relations advisor http://www.sgapl.net/images/sgapl_logo.jpg Thank You!