Slides
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SS SANMAR CHEMPLAST SANMAR LIMITED Chemplast Sanmar Limited Investor Presentation – Q1 FY '27
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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 (A) Speciality Segment (a) Paste PVC • Paste PVC demand improved towards the end of the quarter; outlook remains positive, aided by customs duty reinstatement and potential regulatory measures pending ADD implementation. • At Cuddalore, the capacity is being debottlenecked by 7 KTPA and we expect it to come on– stream by Oct’26. • The Cuddalore Paste PVC facility initiated productivity improvement trials to enhance operational efficiency. (b) Custom Manufactured Chemicals Division (‘CMCD’) • CMCD delivered a healthy revenue run-rate during the quarter and remains well-positioned to sustain growth momentum through FY ‘27. • Business development activities gained momentum with a focus on newer geographies, enhanced customer engagement and new product opportunities. (c) Refrigerant Gases (R-32) • Following the commencement of commercial production of our swing plant in May '26, the ramp-up to full production is underway. • Feedback from customers on the product specifications has been positive. Performance Highlights: Q1FY ’27 4 Rs. Cr All computations are on Consolidated basis Revenues EBITDA 1,100 1,256 1,125 Q1 FY '26 Q4 FY '26 Q1 FY '27 17 194 (115) PAT (64) (45) (176) Q1 FY ‘27 Q3 FY ‘26 Q1 FY ‘26 Q4 FY ‘26 Q1 FY ‘27 Q4 FY ‘26Q1 FY ‘26
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Key Highlights B) Commodity Segment – (VAC & CCVL) a) Suspension PVC • Market headwinds impacted the Suspension PVC segment this quarter: • Due to declining prices, particularly in April 2026. • Performance was further pressured by reduced sales volumes and high VCM costs stemming from geopolitical tensions in the Middle East. • Customs duty on PVC imports was also removed by Govt. in Q1, this was extended till 15th July; now restored. • Demand is likely to remain soft during the monsoon season. However, the reinstatement of customs duty and the introduction of a Minimum Import Price of USD 766/ MT, is expected to provide marginal respite for CCVL. b) Value-added Chemicals (‘VAC’) • Pricing across major VAC products remained under pressure due to higher inventories and competitive market conditions. • Operational improvements at the Mettur Caustic Soda plant continued during the quarter and are expected to support higher production levels going forward. Performance Highlights: Q1FY ’27 5
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Fire incident in Karaikal • 17 Jul ‘26: Nitrogen supply disruption led to accumulation of flammable vapours, resulting in EDC release and fire • Production shut down safely; site emergency response plan activated immediately • No injuries to employees or contractors, neither was there any spillages; Fire fully extinguished within 15 minutes • Insurance claim filed; surveyors are assessing the incident • Downtime being utilized for planned maintenance activities • No impact on Paste PVC operations; EDC being sourced through imports for the Mettur plant Performance Highlights: Q1FY ’27 6
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 MD’s Message 7 "The quarter was marked by a challenging operating environment, driven by elevated input costs following the Middle East conflict and subdued demand in certain business segments. Despite this, the Company reported consolidated revenue of Rs. 1,125 crores for the quarter. However, sharp increase in input costs severely impacted profitability, resulting in EBITDA loss of Rs. 115 crores. Paste PVC business witnessed an improvement in demand during the latter part of the quarter as raw material availability stabilized, and we expect this momentum to continue in the coming quarters. While the ADD recommendation on imports from the EU and Japan was allowed to lapse, there are potential regulatory measures which will help address the low-priced dumping of material into India. We continue to remain focused on improving operational efficiencies and strengthening our competitive position. Cuddalore’s Paste PVC capacity is being debottlenecked by 7 KTPA and is expected to come on-stream by October. Commercial production from the swing plant commenced in May 2026; commissioning of the new plants is underway and will be completed in phases by the end of this fiscal. Our CMCD, performance improved meaningfully supported by a healthy product pipeline, increasing customer engagements and expanding business opportunities. We remain confident that this positive momentum will continue through the year. The Suspension PVC business continued to face pricing pressure during the quarter. However, the re-imposition of customs duty and the introduction of the Minimum Import Price, are expected to provide some respite. The Value-added Chemicals’ performance continued to remain under pressure due to weak market prices on account of surplus availability of material. The improving outlook for our specialty businesses gives us confidence in the future outlook. The strong momentum in CMCD, together with our ongoing investments in capacity expansion and new product development, positions us well to drive profitable growth." S. Ganeshkumar Managing Director
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Segmental Highlights - Quarterly 8 “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 1,100 1,256 1,125 Q1 FY '26 Q4 FY '26 Q1 FY '27 608 661 569 Q1 FY '26 Q4 FY '26 Q1 FY '27 138 120 129 Q1 FY '26 Q4 FY '26 Q1 FY '27 354 475 427 Q1 FY '26 Q4 FY '26 Q1 FY '27 35,363 32,095 30,682 Q1 FY '26 Q4 FY '26 Q1 FY '27 26,404 31,043 24,094 Q1 FY '26 Q4 FY '26 Q1 FY '27 1,54,616 1,50,259 1,25,067 Q1 FY '26 Q4 FY '26 Q1 FY '27 92,849 87,121 70,291 Q1 FY '26 Q4 FY '26 Q1 FY '27 Revenue Break-up
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 9 Particulars Q1 FY ’27 Q1 FY ’26 Y-o-Y Q4 FY ’26 Q-o-Q Revenue from Operations 1,125 1,100 2% 1,256 -10% Cost of Goods Sold 846 733 724 Employee Cost 73 65 70 Other Expenses 319 285 267 EBITDA (115) 17 n.a. 194 n.a. EBITDA Margin % -10% 2% 15% Other income 3 9 7 Depreciation 61 53 55 EBIT (173) (27) 147 Finance Cost 59 59 58 Profit before tax and exceptional items (232) (86) 89 Exceptional items* - - (150) Profit Before Tax (232) (86) (61) Tax (57) (22) (16) PAT (176) (64) n.a. (45) n.a. Note*- The company reported an exceptional charge of Rs.149.92 Cr, driven by provision for onerous contracts and inventory write -down due to lower realizable value of finished goods. n.a. - not applicable Rs. Cr Consolidated Profit & Loss Account
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Standalone Profit & Loss Account Particulars Q1 FY ’27 Q1 FY ’26 Y-o-Y Q4 FY ’26 Q-o-Q Revenue from Operations 592 495 20% 612 -3% Cost of Goods Sold 297 214 278 Employee Cost 49 41 47 Other Expenses 239 218 205 EBITDA 7 22 -68% 83 -91% EBITDA Margin % 1% 4% 13% Other income 3 5 4 Depreciation 47 39 40 EBIT (37) (12) 46 Finance Cost 29 26 27 Profit before tax and exceptional items (66) (38) 19 Exceptional items - - (898) Profit Before Tax (66) (38) (879) Tax (16) (10) 4 PAT (49) (28) n.a. (883) n.a. Note* The Company recorded an exceptional impairment of Rs. 898 Cr on its investment in CCVL. n.a. - not applicable Rs. Cr 10
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Company Overview
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Chemplast Sanmar: Leading Chemical Manufacturer in India… R32 Marquee parentage The Sanmar Group is amongst the oldest and most prominent corporate groups in South India 4 Manufacturing sites with a high degree of backward integration (2) Experienced management team with deep domain expertise Rs. 4,224 Cr Revenue Rs. 198 Cr EBITDA Consolidated FY ’26 Note: 1. S-PVC – Suspension PVC ; Through its wholly owned subsidiary, Chemplast Cuddalore Vinyls Limited (‘CCVL’) 2. For significant portion of its operations 12 #1 manufacturer of Specialty Paste PVC resin in India Leading player in Custom Manufactured chemicals #1 manufacturer of Hydrogen Peroxide in South India #5 manufacturer of Caustic Soda in South India #1 manufacturer of S-PVC in South India & 2nd largest in India(1) One of the oldest manufacturers of Chloromethanes in India Establishing Presence in the R32
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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) 2,000 (4) (R-32) 119,000 34,000 (5) 35,000 331,000 FY ’26 Sales split 36% 12% 52% Q1 FY’27 Sales split 38% 11% 51% 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. This facility acts as a swing plant between R-22 and R-32 5. The Hydrogen Peroxide capacity is calculated at 50% concentration level, in line with industry standards. (‘mtpa’ stands for metric tons per annum) 13 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 14 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 15 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) Commissioned (May ’26)
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Mettur Location Commercial production from the swing plant commenced in May 2026; commissioning of the new plants is underway and will be completed in phases by the end of this fiscal. 3. Expanding Horizons in Fluorine Chemistry and Refrigerant Science - logical extension from R22 16 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 17 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 18 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 20
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 1. Over five decades track record 21 2009 Established the greenfield Suspension PVC facility at Cuddalore. 2007 Commissioned the Marine Terminal and EDC Plant at Karaikal 2003 Acquired the Cuddalore Caustic Soda facility from Kolkata Producers Ltd. 1997 Expanded PVC resin manufacturing capacity to 60,000 MTPA. 1967 Commenced PVC resin production at the Mettur facility. 1962 Established Chemicals and Plastics India Limited. 2013 Expanded the Speciality Paste PVC capacity at Mettur to 66,000 MTPA and the Suspension PVC capacity at Cuddalore to 3,00,000 MTPA. 2019 ● Commissioned the Hydrogen Peroxide plant at Mettur. ● Demerged the Suspension PVC business at Cuddalore. ● Completed the merger with Sanmar Speciality Chemicals Limited 2021 Commissioned the Hydrogen Peroxide plant at Mettur. Demerged the Suspension PVC business at Cuddalore. Completed the merger with Sanmar Speciality Chemicals Limited 2022 Increased Suspension PVC capacity to 3,20,000 MTPA through brownfield debottlenecking initiatives. 2026 ● Successfully ramped up the Paste PVC plant in Cuddalore to full operating capacity, consistently delivering 100% utilisation. ● Commenced commercial production of R32 refrigerant gas in May 2026. ● Multipurpose Block 3 Phase 3, CMCD commenced commercial production in May 2026. 2024 ● Commissioned the new Speciality Paste PVC facility at Cuddalore, adding 41,000 MTPA of capacity. ● Commissioned Phase II of the multipurpose block within the Custom Manufactured Chemicals Division 2023 Commissioned Phase I of the new multipurpose block within the Custom Manufactured Chemicals Division. Responsible Chemistry
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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… 22 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 (R32) – 2ktpa** • 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 ** This facility acts as a swing plant between R-22 and R-32
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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 23 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 • MPB 3 Phase 3 plant was commissioned in May ‘26 and civil & infrastructure work for the next MPB is targeted for completion by Q2 FY ‘27 • Facility being enhanced at Berigai – will leverage on the existing infrastructure available at the location • Customer engagements and new product development efforts advanced as expected with a healthy pipeline, supported by a senior hire in key markets like Japan and Europe to further strengthen customer relationships. 2,000 mtpa Phase 1 1432 mtpa Phase 2 24 Commissioned (Sep ’23) * Management Estimates Commissioned (Dec’24) 910 mtpa Phase 3 Commissioned (May ’26)
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 4. Steady Growth Industry… 25 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 192 kt 4.3 million mt ~ USD 2 billion *Management Estimates - March 2026 ‘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 26
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 5. Strong Focus on Sustainability… 27 • 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 28 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 V. S. Radhakrishnan Non Executive & Non- Independent Director 6. Committed Leadership Team With Eminent Board 29 Aditya Jain Independent Director Dr. Lakshmi Vijayakumar Independent Director Sanjay Bhandarkar Independent Director Prasad Menon Independent Director Vijay Sankar Chairman & Non Executive Director S GaneshKumar Managing Director Dr. Krishna Kumar Rangachari Business Head - Custom Manufactured Chemicals Division A R Balaji Chief Financial Officer Padmanabhan Srinivasan Company Secretary & Compliance Officer 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 31 Rs. Cr Speciality Chemicals^ Value-added Chemicals# Suspension PVC Total* mt Revenue Break-upSales Volume 1,310 1,122 980 1,464 1,537 FY '22 FY '23 FY '24 FY '25 FY '26 700 819 503 623 501 FY '22 FY '23 FY '24 FY '25 FY '26 1,45,917 1,56,820 1,41,379 1,68,333 1,34,587 FY '22 FY '23 FY '24 FY '25 FY '26 5,11,761 5,52,219 5,38,545 5,66,556 5,68,946 FY '22 FY '23 FY '24 FY '25 FY '26 66,576 70,392 71,525 98,339 1,14,651 FY '22 FY '23 FY '24 FY '25 FY '26 2,99,268 3,25,007 3,25,641 2,99,884 3,19,708 FY '22 FY '23 FY '24 FY '25 FY '26 5,892 4,941 3,923 4,346 4,224 FY '22 FY '23 FY '24 FY '25 FY '26 “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 3,883 3000 2,440 2,259 2,186 FY '22 FY '23 FY '24 FY '25 FY '26
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#41AE49 #4579BD #00AEEF #25408F #6C3F98 #7670B4 Performance Trend Revenue EBITDA PAT Net Debt All computations are on consolidated basis 20% 9% Rs. Cr Margin1% 32 1197 468 26 219 198 FY '22 FY '23 FY '24 FY '25 FY '26 5,892 4,941 3,923 4,346 4,224 FY '22 FY '23 FY '24 FY '25 FY '26 5% 649 152 (158) (110) (280) FY '22 FY '23 FY '24 FY '25 FY '26 (362) (184) 741 1,117 1,419 FY '22 FY '23 FY '24 FY '25 FY '26 5%
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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!