Beruflich Dokumente
Kultur Dokumente
Safe Harbor
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 Companys 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 companys ability to
successfully implement its strategy, the Companys future levels of growth and expansion, technological implementation, changes
and advancements, changes in revenue, income or cash flows, the Companys market preferences and its exposure to market
risks, as well as other risks. The Companys 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.
+10.3%
-0.8%
207
205
9MFY15
9MFY16
61
9MFY15
+14.6%
67
41
36
9MFY16
9MFY15
9MFY16
29%
9MFY15
17%
9MFY16
9MFY15
9MFY16
About The
Company
01
REVENUE
INCREASE
10 Years CAGR
7.5x
21 %
CUSTOMER
BASE
EBITDA
+40
10 Years CAGR
31 %
MARKET
PAT
SHARE
10 Years CAGR
10 %
41 %
5
2005
2015-16
Dharuhera Plant
Insoluble sulphur
operations started with
capacity of 3,000 MTPA
2008
Dharuhera + Mundra
Insoluble Sulphur: 23,000 MTPA
Sulphuric Acid: 46,000
Expansion of 11,000MTPA at Mundra
in 2 Phases is underway
1994
Debottlenecking: Capacity Increase
Debottlenecking: Capacity
increased to 12,000 MTPA
2011-2012
Mundra Plant Phase I & II
1978
Dharuhera Plant
Incorporated as Dharuhera Chemicals
Ltd to manufacture Sulphuric Acid of
30,000 MTPA
Management Team
Mr. Arvind Goenka: Promoter & Managing Director
Manufacturing Facilities
Product name
Location
No. Of Lines
Insoluble Sulphur
12,000
Dharuhera (Haryana)
Insoluble Sulphur
11,000
46,000
Dharuhera (Haryana)
1
8
Business
Overview
02
Product Profile
Insoluble Sulphur (IS)
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
1. High Dispersion Grades
2. High Stability Grades
3. Special Grades
Sulphuric Acid
Manufactures both Commercial Grade and Battery Grade Sulphuric Acid and
Oleums
10
Product Performance
Insoluble Sulphur (Revenue Rs. Crs)
118
FY10
206
216
FY12
FY13
260
273
FY14
FY15
143
FY11
16
18
21
19
13
FY10
FY11
FY12
FY13
FY14
FY15
11
Power Cost
Raw Material
Key Raw Materials :
- Sulphur available
easily due to ample
supply
- Naphthenic Oil is
procured from
domestic as well as
international players
Freight
Presence at the Port
gives Location
Advantage of
reduced Logistic &
Freight Cost
~71 % of the sales
constitutes Exports
Tax Exemption
Fixed Costs
Self-Sufficiency of
steam for Plant at
Dharuhera
Benefits from Lower
Power Cost in SEZ
Gujarat
With increase
production at the
plants Operating
Leverage to play
out
Future Expansion
will result in
reduced Fixed
cost/ Overheads
per MT as R&D
and Utilities will
be shared
SEZ location of
Mundra Plant Income Tax
Exemption
benefit
12
13
North Asia
Russia
North
America
Europe
China
India
Africa
Southeast Asia
South
America
14
Opportunities
03
15
Product Portfolio
An increase in rate of
Radialization in
Commercial Vehicles in
India will lead to an
increase in requirement
of Insoluble Sulphur
Growth
Drivers
Geographical Penetration
North America is the largest
market for Insoluble sulphur
with potential for growth to
increase share
Insoluble sulphur requirement
increasing at a fast pace in
Asia High Growth Market
Capacity Expansion
Capacity expansion at Mundra
In-house technology and
Common Infrastructure
available
Strategic Location to meet
Exports demand
Approval from all Large Global
Tire Companies
16
Higher Performance
Expectation from Tires
03
Radial Revolution
Radialization in Asia
Fast Growing Market
Source: Notch Report
17
+21.8%
2,254
21,499
17,647
1,868
16,745
1,776
1,689
15,858
1,689
15,389
15,334
2011
2012
1,634
12,456
1,397
2005
2011
2012
2013
2014
2015
2020E
2005
2013
2014
2015
2020E
18
7%
Asia
4%
North America
16%
1.34
Europe
1.35
1.35
1.35
2012
2013
2014
1.36
1.37
1.3
56%
South America
17%
2005
2011
2015
2016E
2020E
227
228
236
2011
2012
2013
250
264
277
2015
2016E
178
2005
2014
2020E
19
+47.8%
Existing
34,000
28,500
23,000
5,500
5,500
23,000
5,500
17,500
12,000
5,500
28,500
23,000
17,500
12,000
2011
2012
2013
2015
2017
2018
20
Customer
Approvals
In house
Technology
Capital
Intensive
21
Financial
Highlights
04
22
Revenue Breakup
Domestic (Rs. Crs)
Exports(Rs. Crs)
102
+14.0%
176
96
180
+18.6%
93
85
140
143
FY12
FY13
70
95
53
FY10
77
FY11
FY12
FY13
FY14
FY15
FY10
FY11
FY14
FY15
23
Q3FY16
Q3FY15
Y-o-Y
61.64
0.93
62.57
2.76
65.33
15.47
7.90
8.06
13.37
20.52
32.8%
3.37
17.15
27.4%
1.62
15.53
1.85
13.68
21.9%
64.56
0.05
64.61
1.82
66.43
16.19
10.22
6.94
13.13
19.94
30.9%
3.25
16.69
25.8%
1.83
14.86
2.15
12.71
19.7%
3%
3%
5%
8%
24
9MFY16
9MFY15
Y-o-Y
202.76
2.59
205.35
4.98
210.33
53.33
26.27
23.08
40.67
66.98
32.6%
12.28
54.71
26.6%
4.59
50.12
9.15
40.97
20.0%
206.57
0.38
206.95
7.66
214.60
60.78
32.01
20.78
40.32
60.70
29.3%
9.67
51.03
24.7%
6.01
45.02
9.27
35.75
17.3%
10%
7%
11%
15%
25
Sep-15
Mar-15
Sep-15
Mar-15
Shareholders Fund
271.47
244.18
Non-current assets
251.91
248.43
Share capital
10.31
10.31
193.77
191.75
261.16
233.87
Non-current Investments
14.71
14.71
Non-current liabilities
54.10
66.49
43.44
41.97
31.60
44.09
Current assets
147.01
142.68
21.12
21.12
Current Investments
31.85
26.61
1.38
1.29
Inventories
44.18
37.26
Current liabilities
73.34
80.43
Trade receivables
45.62
51.49
20.98
25.73
14.55
17.72
Trade payables
18.99
15.35
7.28
5.16
33.38
39.35
3.54
4.44
Total Liabilities
398.92
391.10
Total Assets
398.92
391.10
26
FY15
FY14
346.80
129.29
42.01
39.41
67.91
68.19
19.7%
13.63
16.38
0.00
65.43
18.9%
10.35
55.08
9.82
45.27
-3.02
48.29
13.9%
330.82
115.83
44.25
33.43
68.39
68.92
20.8%
5.03
12.94
2.70
63.70
19.3%
13.54
50.16
9.63
40.54
0.05
40.49
12.2%
+4.8%
331
347
FY14
FY15
-1.0%
69
68
FY14
FY15
+19.3%
48
40
FY14
FY15
27
FY15
FY14
FY15
FY14
Shareholders Fund
244.22
206.93
Non-current assets
262.40
257.79
Share capital
10.31
10.31
219.12
224.37
233.91
196.62
Non-current Investments
0.18
0.31
Minority Interest
14.57
17.59
43.10
33.11
Non-current liabilities
66.92
86.36
Current assets
176.92
147.44
44.09
66.33
21.12
18.44
Current Investments
26.61
11.16
1.72
1.59
Inventories
53.03
49.71
Current liabilities
113.61
94.33
Trade receivables
67.58
64.65
39.79
30.08
18.25
12.36
Trade payables
29.65
23.09
6.90
5.25
44.17
41.16
4.54
4.32
Total Liabilities
439.32
405.22
Total Assets
439.32
405.22
28
85%
70%
40%
40%
FY10
FY11
50%
50%
FY12
FY13
FY14
FY15
29
http://www.occlindia.com/
www.sgapl.net
30