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AG VENTURES LIMITED — Investor Presentation 2021
Feb 6, 2021
61015_rns_2021-02-06_da910d38-5ad2-4343-b7d6-ecb4394d6d5a.pdf
Investor Presentation
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February 06, 2021
The Manager The Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (E) Mumbai – 400 001 Mumbai – 400 051
BSE STOCK CODE: 506579 NSE SYMBOL: OCCL
Dear Sirs/Madam,
Re: Investor Presentation for the quarter and nine months ended 31[st] December 2020
Pursuant to the provision of the Listing Regulations, 2015 enclosed please find herewith a copy of the Investor Presentation for the quarter and nine months ended 31st December, 2020.
Thanking you,
Yours faithfully,
For Oriental Carbon & Chemicals Ltd Pranab Kumar Maity Company Secretary
Encl.: As above
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Oriental Carbon & Chemicals Limited
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…Creating Innovations
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Investor Presentation – February 2021
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1
Safe Harbor
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This presentation and the accompanying slides (the “Presentation”), which have been prepared by Oriental Carbon & Chemicals 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 securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. 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.
Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.
Oriental Carbon & Chemicals Limited
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Q3 & 9M FY21 Financial Highlights
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Q3 FY21 Standalone: Strong Growth Momentum
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Revenues^ (Rs. Crs)
EBITDA^ (Rs. Crs)
PAT (Rs. Crs)
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COVID-19 impact COVID-19 impact COVID-19 impact
28.4
109.0 42.8
88.3
33.5
81.9 81.8 20.4
29.0
17.1
24.8 16.0
46.9
9.0
1.4
Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21
•
Disruption from CoVID-19 Short-Lived
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-
Recovery in Performance
-
Sales momentum expected to sustain going forward
^incl. Other Income
Oriental Carbon & Chemicals Limited
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Standalone Financial Highlights: Q3 FY21
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Revenues^ (Rs. Crs)
EBITDA^ (Rs. Crs) PAT (Rs. Crs)
+33% +72% +78%
109.0 42.8 28.4
81.9 81.8 +33% 33.5 +28% 20.4 +39%
24.8 16.0
Q3 FY20 Q2 FY21 Q3 FY21 Q3 FY20 Q2 FY21 Q3 FY21 Q3 FY20 Q2 FY21 Q3 FY21
EBITDA^ (%) PAT (%)
+900 bps +660 bps
41.0% 26.1%
39.3% 24.9%
-170 bps +120 bps
30.3% 19.5%
Q3 FY20 Q2 FY21 Q3 FY21 Q3 FY20 Q2 FY21 Q3 FY21
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^incl. Other Income
Oriental Carbon & Chemicals Limited
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Standalone Profit & Loss Statement
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| Particulars (Rs. Crs.) | Standalone | Standalone | Standalone |
|---|---|---|---|
| Q3 FY21 Q3 FY20 Y-o-Y |
Q2 FY21 Q-o-Q |
9M FY21 9M FY20 Y-o-Y |
|
| Total Income from Operations^ | 109.0 81.9 33% |
81.8 33% |
237.8 264.7 -10% |
| Raw Material* Employee Expenses Other Expenses |
22.7 23.5 13.0 11.0 30.6 22.7 |
13.1 11.3 23.9 |
48.9 69.6 33.5 33.5 70.1 82.1 |
| EBITDA^ | 42.8 24.8 72% |
33.5 28% |
85.3 79.5 7% |
| EBITDA Margin (%) ^ | 39.3% 30.3% |
41.0% | 35.9% 30.0% |
| Depreciation | 5.1 5.0 |
5.1 | 15.2 15.1 |
| EBIT | 37.7 19.8 90% |
28.5 32% |
70.1 64.5 9% |
| EBIT Margin (%) | 34.6% 24.2% |
34.8% | 29.5% 24.4% |
| Finance Cost Profit before Tax Tax |
1.3 2.3 36.3 17.5 108% 7.9 1.5 |
1.7 26.8 36% 6.4 |
4.9 7.2 65.2 57.3 14% 14.9 2.9 |
| Profit After Tax | 28.4 16.0 78% |
20.4 39% |
50.2 54.4 -8% |
| PAT Margin (%) | 26.1% 19.5% |
24.9% | 21.1% 20.6% |
| Other Comprehensive Income | -0.7 0.2 |
-0.3 | -0.3 -0.5 |
| Total Comprehensive Income | 27.8 16.2 72% |
20.1 38% |
49.9 53.9 -7% |
| EPS | 28.47 16.00 |
20.43 | 50.29 54.48 |
^incl. Other Income, *Total Raw material cost incl. change in Inventories
Oriental Carbon & Chemicals Limited
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Balance Sheet - Standalone
| EQUITY & LIABILITIES (Rs. Crs.) | Sep-20 | Mar-20 |
|---|---|---|
| Equity Share Capital Other Equity |
10.0 474.2 |
10.0 458.0 |
| Total Equity | 484.2 | 468.0 |
| Financial Liabilities Borrowings Lease Liability Other Financial Liabilities Provisions Deferred Tax Liabilities (Net) |
97.4 5.5 0.1 2.7 22.8 |
96.1 5.8 0.2 2.5 20.7 |
| Total Non-Current Liabilities | 128.6 | 125.3 |
| Financial Liabilities Borrowings Lease Liability Trade Payables Other Financial Liabilities Other Current Liabilities Provisions |
49.4 0.0 15.2 37.4 5.7 2.2 |
38.3 0.0 14.4 24.5 6.9 1.6 |
| Total Current Liabilities | 109.9 | 85.8 |
| Total Equity and Liabilities | 722.7 | 679.1 |
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| ASSETS (Rs. Crs.) | Sep-20 | Mar-20 |
|---|---|---|
| Property, Plant and Equipment Capital Work-in-progress Other Intangible Assets Intangible Assets Under Development Financial Assets Investments Loans Others Other Non-Current assets |
329.4 55.0 0.4 0.0 0.0 32.6 0.5 7.2 20.8 |
337.9 25.3 0.4 0.0 0.0 29.6 0.5 7.2 19.6 |
| Total Non-Current Assets | 445.9 | 420.5 |
| Inventories Financial Assets Investments Trade Receivables Cash and Cash Equivalents Bank balances Loans Others Financial Assets Current Tax Assets (Net) Other Current Assets |
35.4 20.0 65.4 1.8 134.2 0.7 8.5 0.2 10.5 |
34.2 2.4 66.7 23.3 117.3 0.6 3.0 1.1 10.1 |
| Total Current Assets | 276.8 | 258.6 |
| Total Assets | 722.7 | 679.1 |
Oriental Carbon & Chemicals Limited
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Standalone Cashflow Statement
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| Particulars (Rs. Crs.) | Sep-20 | Sep-19 |
|---|---|---|
| Net Profit Before Tax | 28.8 | 39.8 |
| Adjustments for: Non Cash Items / Other Investment or Financial Items | 8.2 | 14.5 |
| Operating profit before working capital changes | 37.0 | 54.3 |
| Changes in working capital | 0.3 | 7.2 |
| Cash generated from Operations | 37.4 | 61.5 |
| Direct taxes paid (net of refund) | -4.1 | -9.8 |
| Net Cash from Operating Activities | 33.2 | 51.7 |
| Net Cash from Investing Activities | -67.6 | -39.5 |
| Net Cash from Financing Activities | 12.9 | -12.8 |
| Net Decrease in Cash and Cash equivalents | -21.5 | -0.6 |
| Add: Cash & Cash equivalents at the beginning of the period | 23.3 | 1.8 |
| Cash & Cash equivalents at the end of the period | 1.8 | 1.1 |
Oriental Carbon & Chemicals Limited
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Consolidated Profit & Loss Statement
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| Particulars (Rs. Crs.). | Consolidated | Consolidated | Consolidated |
|---|---|---|---|
| Q3 FY21 Q3 FY20 Y-o-Y |
Q2 FY21 Q-o-Q |
9M FY21 9M FY20 Y-o-Y |
|
| Total Income from Operations^ | 120.4 92.3 30% |
93.5 29% |
265.4 298.5 -11% |
| Raw Material* Employee Expenses Other Expenses |
29.1 29.2 15.4 13.5 31.7 23.5 |
19.5 13.7 24.8 |
64.4 87.9 40.2 40.8 72.6 84.8 |
| EBITDA^ | 44.2 26.1 70% |
35.5 25% |
88.3 85.0 4% |
| EBITDA Margin (%) ^ | 36.8% 28.2% |
38.0% | 33.3% 28.5% |
| Depreciation | 5.4 5.4 |
5.3 | 16.0 16.1 |
| EBIT | 38.8 20.7 88% |
30.2 29% |
72.3 68.9 5% |
| EBIT Margin (%) | 32.3% 22.4% |
32.3% | 27.2% 23.1% |
| Finance Cost Profit before Tax Tax |
1.4 2.4 37.5 18.3 105% 7.9 1.5 |
1.8 28.4 32% 6.4 |
5.1 7.4 67.2 61.4 9% 14.9 2.9 |
| Profit After Tax | 29.6 16.8 76% |
22.1 34% |
52.2 58.5 -11% |
| PAT Margin (%) | 24.6% 18.2% |
23.6% | 19.7% 19.6% |
| Other Comprehensive Income Non-Controlling Interest |
-0.7 0.1 0.5 0.4 |
-0.3 0.8 |
-0.3 -0.6 1.0 2.0 |
| Total Comprehensive Income | 28.3 16.5 71% |
20.9 35% |
50.9 55.9 -9% |
| EPS | 29.04 16.40 |
21.25 | 51.29 56.52 |
^incl. Other Income, *Total Raw material cost incl. change in Inventories
Oriental Carbon & Chemicals Limited
9
Balance Sheet - Consolidated
| EQUITY & LIABILITIES (Rs. Crs.) | Sep-20 | Mar-20 |
|---|---|---|
| Equity Share Capital Other Equity |
10.0 471.2 |
10.0 454.6 |
| Total Equity | 481.3 | 464.6 |
| Non-Controlling Interest | 11.6 | 11.2 |
| Financial Liabilities Borrowings Lease Liability Other Financial Liabilities Provisions Deferred Tax Liabilities (Net) |
97.6 5.5 0.2 3.1 22.8 |
96.3 5.8 0.3 2.9 20.7 |
| Total Non-Current Liabilities | 129.2 | 126.0 |
| Financial Liabilities Borrowings Lease Liability Trade Payables Other Financial Liabilities Other Current Liabilities Provisions |
52.8 0.0 19.8 40.9 7.1 2.2 |
38.8 0.0 18.7 27.4 8.7 1.7 |
| Total Current Liabilities | 122.9 | 95.4 |
| Total Equity and Liabilities | 745.0 | 697.2 |
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| ASSETS(Rs. Crs.) | Sep-20 | Mar-20 |
|---|---|---|
| Property, Plant and Equipment Capital Work-in-progress Other Intangible Assets Intangible Assets Under Management Financial Assets Investments Loans Others Other Non-Current assets |
344.6 55.0 0.6 0.0 18.0 0.5 7.6 20.9 |
353.5 25.3 0.6 0.0 15.1 0.5 7.2 19.6 |
| Total Non-Current Assets | 447.2 | 421.8 |
| Inventories Financial Assets Investments Trade Receivables Cash and Cash Equivalents Bank balances Loans Others Financial Assets Current Tax Assets (Net) Other Current Assets |
43.5 20.0 69.7 6.0 136.7 0.6 8.5 1.2 11.6 |
42.1 2.4 71.3 23.4 119.4 0.6 3.0 2.2 11.1 |
| Total Current Assets | 297.8 | 275.4 |
| Total Assets | 745.0 | 697.2 |
Oriental Carbon & Chemicals Limited
10
Consolidated Cashflow Statement
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| Particulars (Rs. Crs.) | Sep-20 | Sep-19 |
|---|---|---|
| Net Profit Before Tax | 29.7 | 43.1 |
| Adjustments for: Non Cash Items / Other Investment or Financial Items | 8.8 | 14.8 |
| Operating profit before working capital changes | 38.5 | 57.9 |
| Changes in working capital | 0.8 | 5.9 |
| Cash generated from Operations | 39.3 | 63.8 |
| Direct taxes paid (net of refund) | -4.1 | -9.9 |
| Net Cash from Operating Activities | 35.2 | 54.0 |
| Net Cash from Investing Activities | -68.2 | -40.0 |
| Net Cash from Financing Activities | 15.6 | -14.6 |
| Net Decrease in Cash and Cash equivalents | -17.4 | -0.6 |
| Add: Cash & Cash equivalents at the beginning of the period | 23.4 | 3.8 |
| Cash & Cash equivalents at the end of the period | 6.0 | 3.2 |
Oriental Carbon & Chemicals Limited
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Consistent Dividend Records
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Dividend (% of Face Value)
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120%
100% 100% 100%
85% 85%
70%
50% 50%
40%
FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20
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The Board of Directors has declared an Interim Dividend for the Financial Year 2020-2021 of Rs.4/- per equity share of Rs.10/- each (40% of FV)
Oriental Carbon & Chemicals Limited
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Company Overview
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Duncan JP Goenka Group Duncan JP Goenka Group Company Company One of the market leader in the One of the market leader in the production of Insoluble Sulphur production of Insoluble Sulphur
Aims to be the most respected, Aims to be the most respected, most preferred technology driven most preferred technology driven Insoluble Sulphur supplier to the Insoluble Sulphur supplier to the Rubber industry Rubber industry
State of the art manufacturing facilities in State of the art manufacturing India at Dharuhera (Haryana) and at facilities in India at Dharuhera Mundra (Gujarat) (Haryana) and at Mundra (Gujarat)
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OCCL is a people and technology OCCL is a people and technology driven driven company company Our products are “REACH” compliantOur products are “REACH” compliant
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12 Yea10 Year CAGRAGR
Revenues – 12%Revenues – 18%
EBITDA – 24%
EBITDA – 22%
PAT – 30%
PAT – 37%
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Domestic Share of 55% - 60%
Global market share of ~10%
Customer Base + 40
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Oriental Carbon & Chemicals Limited
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KEY STRENGTHS
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Key Strengths
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Niche Product Portfolio of Insoluble Sulphur, Sulphuric Acid & Olems offered in various grades to satisfy diverse compounding requirements majorly for Tire industry
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HIGH ENTRY
BARRIERS
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High Entry Barriers with regards to
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•
Customer Approvals
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-
Technology
-
Capital Intensive
The Company has Strong Relationships with over 40+ Customers having presence in 21 countries across the globe
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EXPERIENCED
MANAGEMENT
TEAM
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Have an Experienced Management Team with over 3 decades of experience in this field
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CAPACITY
EXPANSION
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Continuous Expansion of Capacities of Insoluble Sulphur have taken place from 3,000 MT in 1994 to 34,000 MT currently
One of the market leader in the Continuous Focus on Cost production of Insoluble Sulphur Optimizations with regards to Domestic Share of ~60% Raw Material, Freight, Power and other Fixed Costs Global market share of ~10%
Oriental Carbon & Chemicals Limited
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We deliver a Niche Product Portfolio…
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93%
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7%
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INSOLUBLE SULPHUR
SULPHURIC ACID & OLEUMS
▪ Insoluble Sulphur is sold under the brand “DIAMOND SULF”
-
Application : Used as vulcanising agent in application where sulphur loading levels are required above the sulphur solubility rating of particular elastomers
-
DIAMOND SULF is offered in various grades to satisfy diverse compounding requirements majorly for Tire industry
-
High Dispersion Grades
▪ Manufactures both Commercial Grade and Battery Grade Sulphuric Acid and Oleums
- Application : Dehydrating agent, catalyst, active reactant in chemical processes, solvent, detergents and absorbent
▪ Offered in following Grades
-
Grades of exact purity : Storage battery, rayon, dye, Detergent and pharmaceutical industries
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High Stability Grades
-
Special Grades
-
Grades of less specifications :Steel, heavy chemical and superphosphate industries
Oriental Carbon & Chemicals Limited
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With Strong Customer Relationships…
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Oriental Carbon & Chemicals Limited
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Having Presence in 21 Countries
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RUSSIA
EUROPE
NORTH AMERICA
CHINA
INDIA
SOUTH EAST ASIA
AFRICA
SOUTH AMERICA
...across the globe
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Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness.
Oriental Carbon & Chemicals Limited
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We have Continuously expanded…
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Mundra Plant – Phase I & II
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Dharuhera Plant
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Set up Insoluble Sulphur Capacity of Mundra Plant
Dharuhera Plant – EOU
11000 MTPA Increase Insoluble Sulphur
Set up 2nd line of Insoluble Sulphur
Capacity by 11,000 MTPA
with capacity of 4,000 MTPA Acquired 50% Equity shares of
Schrader Duncan Ltd. Phase I – 5,500MT (2017) –
Commenced Production
1978 2004 2014 2017
1994 2008 2016 2018
Mundra Plant
Dharuhera Plant Debottlenecking Dharuhera + Mundra
Capacity Increase
Insoluble sulphur Insoluble Sulphur: 23,000 MTPA
Capacity increased to
operations started with
12,000 MTPA Sulphuric Acid: 46,000 MTPA in July 2018
capacity of 3,000 MTPA
Expansion of 11,000 MTPA at Mundra in 2
Phases is underway
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Incorporated as Dharuhera Chemicals Ltd to manufacture Sulphuric Acid of 30,000 MTPA
Mundra Plant Phase II – 5,500MT – Commenced Production in July 2018
Oriental Carbon & Chemicals Limited
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Having State of Art Manufacturing Facilities…
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| Product name | Annual Capacity (MT) | Location | No. Of Lines | ||
|---|---|---|---|---|---|
| Insoluble Sulphur | 12,000 | Dharuhera (Haryana) | 2 | ||
| Insoluble Sulphur | 22,000 | SEZ Mundra (Gujarat) | 4 | ||
| Sulphuric Acid / Oleum | 46,000 | Dharuhera (Haryana) | 1 |
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Oriental Carbon & Chemicals Limited
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We use Cost Optimization Strategies
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| KEY RAW MATERIAL |
LOGISTICAL ADVANTAGE |
FIXED COSTS |
POWER COST OPTIMIZATION |
TAX BENEFIT |
|
|---|---|---|---|---|---|
| Sulphur available easily due to ample |
Presence at the Port gives Location |
With increase production the plants Operating |
at | Self-Sufficiency of steam for Plant at |
|
| supply | Advantage of reduced | Leverage to play out | Dharuhera | SEZ location of | |
| Naphthenic Oil is | Logistic & Freight Cost | Expansion has resulted in | Benefits from Lower | Mundra Plant - Income Tax |
|
| procured from domestic as well as international players |
~67% of the sales constitutes Exports |
reduced Fixed cost/ Overheads per MT as R&D and Utilities have been |
Power Cost in SEZ Gujarat |
Exemption benefit | |
| shared |
Oriental Carbon & Chemicals Limited
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Experienced Management Team
Mr. J. P. Goenka - Promoter & Chairman
-
Graduate from Kolkata University – An Industrialist associated with the renowned multi-Industry group name Duncan
-
▪ Having 55 years of Experience in the industries of diverse business interests such as Jute & Cotton Textiles, Wool-Tops, Industrial Explosives, Rubber Chemicals & Engineering products
Mr. Akshat Goenka - Promoter & Jt. Managing Director
-
Graduate in Economics & International Relations from University of Pennsylvania, USA
-
▪ Lead the team for setting up new Plant for manufacturing Insoluble Sulphur at SEZ Mundra, Gujarat
Mr. Vijay Sabbarwal: President (Operations)
-
He is an IIT graduate & heading the Operations of the company from 2014
-
Has over 25 years of experience in diverse Industrial segments like Chemicals, FMCG, Consumer Durables, Auto etc
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Mr. Arvind Goenka - Promoter & Managing Director
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Commerce Graduate from Kolkata University with 30 years of Experience in managing jute, lubricants and carbon black industry with expertise in finance & international marketing
-
Responsible for the Long-term Goal Setting & Monitoring the progress of the Company
Mr. Anurag Jain - Chief Financial Officer (CFO)
-
Part of the company from last 26 years
-
He brings dynamism to the Financial & Commercial Operations of the company & has played a key role in the Growth and Restructuring of the company over the years
Mr. Muneesh Batta: Vice President (Marketing)
-
An M.B.A (International Business) with over 20 years of experience in International business
-
▪ Responsible for marketing of Insoluble Sulphur & increasing market share of Diamond Sulf overseas
Oriental Carbon & Chemicals Limited
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Having High Entry Barriers
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| Product Portfolio In house Technology Customer Approvals Capital Intensive |
• Various grades to satisfy diverse compounding requirements of leading tire manufacturers • Ongoing development of New Grades to meet Customer requirements |
|---|---|
| • Minimum 24 months required by Customers to approve & validate product from new supplier • Widely accepted around the world as a preferred vendor by leading tire manufacturers |
|
| • Edge over the others - Proven Track Record In-house Technology |
|
| • In house R&D team works on a continuous basis to improve Quality of product and its Properties • In house technology team to maintain the technical and quality edge at each production stage |
OCCL has successfully implemented its In-house Technology which has been approved by all our Customers across the globe
Oriental Carbon & Chemicals Limited
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KEY GROWTH OPPORTUNITIES
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Global Tyre Industry
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Tire Production Tire Rubber Consumption
(mn units) (‘000 tonnes)
+3.2%
+3.1%
2,098 31,733
+2.2%
1,788 +2.3% 27,281
1,691
24,737
1,433 21,692
2006 2011 2016 2021E 2006 2011 2016 2021E
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Source: Notch Report
Oriental Carbon & Chemicals Limited
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Insoluble Sulphur – Demand Forecast
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Geographical Breakup Radialisation Effect
$22 bn Investment Insoluble Sulphur to Tire Rubber Ratio
1.4
Asia
9%
1% 1.36
North America
17%
Europe 1.31
South America 1.27
28% 45%
Africa & Middle
East
2006 2011 2016 2021E
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* Insoluble Sulphur Demand (‘000 tonnes)
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+3.8%
311
+3.4%
264
258
250
236
227 228
178
2005 2011 2012 2013 2014 2015 2016 2021E
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Source: Notch Report * Also incl. Insoluble Sulphur used for Non-Tire Goods
Oriental Carbon & Chemicals Limited
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Key Growth Drivers
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Capacity Expansion
Radialization
Geographical Penetration
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Capacity expansion at Mundra
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In-house technology and Common Infrastructure available
An increase in rate of Radialization in Commercial Vehicles in India will lead to an increase in requirement of
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North America is the largest market for Insoluble sulphur with potential for growth to increase share
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Strategic Location to meet Export demand
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Approval from all Large Global Tire Companies
Insoluble Sulphur
- Insoluble sulphur requirement increasing at a fast pace in Asia – High Growth Market
Increase in Automation in Tire Industry and Higher Performance Expectation from Tires will also drive the demand of Insoluble Sulphur
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Capacity Expansion…Ready for Future Growth
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+47.8%
Addition 34,000
Existing
28,500 5,500
23,000 23,000 5,500
17,500 5,500
28,500
12,000 5,500 17,500 23,000
12,000
2011 2012 2013 2015 2017 2018
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Brownfield Expansion
To cater to the Growth in Insoluble Sulphur Demand
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Large Tire manufacturers expanding their business in Asia – High Growth Market
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Increase in market share in the Domestic & International market
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Grabbing opportunities of increasing Radialisation in India
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Increase presence in North American Market
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Strong R&D and in house Technology to support future expansion
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Increase from Natural Growth of Existing Customers
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New Project Announced…
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INSOLUBLE SULPHUR Expansion of Insoluble Sulphur Capacity by 11,000 MT Expansion in 2 phases of 5,500 MT each
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SULPHURIC ACID
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Expansion of Sulphuric Acid Capacity by 42,000 MT Total Capacity of Sulphuric Acid would become 88,000 MT
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Capital investment would be of ~Rs.216 crores including Working Capital of Rs. 7.5 crores
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The Project is proposed to be funded by a mix of Loans and Internal accruals with a debt equity ratio of 2:1
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For further information, please contact:
Company :
Oriental Carbon & Chemicals Ltd. CIN: L24297WB1978PLC031539 Mr. Anurag Jain - CFO [email protected]
http://www.occlindia.com/
Investor Relations Advisors :
Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Mr. Varun Divadkar/ Ms. Khushbu Shah [email protected]/ [email protected]
+91 9763702204/ +91 9820601181
www.sgapl.net
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