Punjab Chemicals & Crop Protection Limited

rs,

s of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the company’s control and difficult to predict, that could cause actual re

₹ 255

y Performance Track Record 3 Q3 & 9M FY22 RESULT HIGHLIGHTS RESULTS AT A GLANCE Q3 FY22 Revenue ₹ 255 cr, up 48% YoY Q3 FY22 EBITDA ₹ 37 cr, up 34% YoY Q3 FY22 PAT ₹ 22 cr, Up 40% YoY EBITDA Mar

48%

e Track Record 3 Q3 & 9M FY22 RESULT HIGHLIGHTS RESULTS AT A GLANCE Q3 FY22 Revenue ₹ 255 cr, up 48% YoY Q3 FY22 EBITDA ₹ 37 cr, up 34% YoY Q3 FY22 PAT ₹ 22 cr, Up 40% YoY EBITDA Margin 14.4%

₹ 37

FY22 RESULT HIGHLIGHTS RESULTS AT A GLANCE Q3 FY22 Revenue ₹ 255 cr, up 48% YoY Q3 FY22 EBITDA ₹ 37 cr, up 34% YoY Q3 FY22 PAT ₹ 22 cr, Up 40% YoY EBITDA Margin 14.4% PAT Margin 8.6% Top 10 Pr

34%

HIGHLIGHTS RESULTS AT A GLANCE Q3 FY22 Revenue ₹ 255 cr, up 48% YoY Q3 FY22 EBITDA ₹ 37 cr, up 34% YoY Q3 FY22 PAT ₹ 22 cr, Up 40% YoY EBITDA Margin 14.4% PAT Margin 8.6% Top 10 Products/Mole

₹ 22

A GLANCE Q3 FY22 Revenue ₹ 255 cr, up 48% YoY Q3 FY22 EBITDA ₹ 37 cr, up 34% YoY Q3 FY22 PAT ₹ 22 cr, Up 40% YoY EBITDA Margin 14.4% PAT Margin 8.6% Top 10 Products/Molecules contributed +65%

40%

FY22 Revenue ₹ 255 cr, up 48% YoY Q3 FY22 EBITDA ₹ 37 cr, up 34% YoY Q3 FY22 PAT ₹ 22 cr, Up 40% YoY EBITDA Margin 14.4% PAT Margin 8.6% Top 10 Products/Molecules contributed +65% of Revenu

14.4%

up 48% YoY Q3 FY22 EBITDA ₹ 37 cr, up 34% YoY Q3 FY22 PAT ₹ 22 cr, Up 40% YoY EBITDA Margin 14.4% PAT Margin 8.6% Top 10 Products/Molecules contributed +65% of Revenue for 9MFY22 Long-term Cl

8.6%

22 EBITDA ₹ 37 cr, up 34% YoY Q3 FY22 PAT ₹ 22 cr, Up 40% YoY EBITDA Margin 14.4% PAT Margin 8.6% Top 10 Products/Molecules contributed +65% of Revenue for 9MFY22 Long-term Client Deals Stron

65%

22 cr, Up 40% YoY EBITDA Margin 14.4% PAT Margin 8.6% Top 10 Products/Molecules contributed +65% of Revenue for 9MFY22 Long-term Client Deals Strong Order Book position: ₹ 1,500 cr 4 Q3 FY22

₹ 1,500

ules contributed +65% of Revenue for 9MFY22 Long-term Client Deals Strong Order Book position: ₹ 1,500 cr 4 Q3 FY22 FINANCIAL PERFORMANCE YOY COMPARISON (In ₹ cr) REVENUE GEOGRAPHICAL SPLIT 255.0

19%

INANCIAL PERFORMANCE YOY COMPARISON (In ₹ cr) REVENUE GEOGRAPHICAL SPLIT 255.0 International 19% Domestic 48% 172.5 103% 113.4 59.1 135.3 119.8 Q3 FY21 Q3 FY22 EBITDA & EBITDA MARGI

“15 BUSINESS STRATEGY 16 BUSINESS STRATEGY Identify Niche Products Partner for Contract Mfg Modus Operandi Growth Triggers • • • Target ₹ 50-100 cr revenue per product Target clients - Global Agrochemical leaders • • • Offer attractive and cost- effective solution Long term engagement favorable for both parties • • • Dedicated R&D Team Quick implementation of the Capex based on ROI  ”

Financial Assets

2

Expertise in Scaling up

1

Target regions for next leg of growth

1

Financial Assets

Investments Trade Receivables Cash & Bank Balances Others Total Assets Other Current Assets 195.7 8.7 5.7 1.1 0.5 1.3 4.2 6.5 1.7 182.3 15.0 5.3 1.3 0.5 1.3 3.0 6.5 3.1 150.5 101.3 0.9 98.0 19.8 8.5 524.1 21.1 - 83.8 14.4 12.8 451.0 20.5 8 COMPANY OVERVIEW 9 COMPANY OVERVIEW PUNJAB CHEMICALS AT A GLANCE About Us • • • Established in 1975 Specialising in agrochemicals Expanding aggressively in contract research & manufacturing (CRAMS) Our Vision To become a major Indian player in the fast-growing CRAMs segment and a preferred partner for manufacturing high-tech performance chemicals Financials • • • • • FY21 Revenue ₹ 678.2 cr FY 21 EBITDA ₹ 95.5 cr, highest in last 10 years 4 yrs Revenue CAGR : 8% 4 yrs PAT CAGR: 30% Debt/Equity as on FY21 at 0.56 Our Mission • • • • • • • • To achieve income and profitability in a sustained manner To meet the customer expectations with products of the right quality and quantity in required time To focus on products and companies which ensure better ad

Expertise in Scaling up

• • • Diversification & expansion into new geographies to expand revenue streams Product launches in FY22 Mid-sized companies with Faster turnaround R&D Pilot Commercial Expanding customer base specific requirement Production in CRAMS 17 ADVANTAGE PUNJAB CHEMICALS Anticipated Growth 2018  2025 Opportunity size Punjab Chemicals has the advantage of being a go-to CRAMS provider for both domestic & international agrochemical companies, thus positioned to gain further advantages as the industry expands Low Cost Operator Developed an efficient cost competitive process over the last decade and are maximising export potential Manufacturing and R&D Capability Availability of technically trained manpower (58 research staff), extra production capacity to fulfil incremental demands Consistent Track Record Historical association with Domestic clients helped expand base to become a preferred partner of choice for MNC clients Changing Industry Dynamics Global manufacturers are looking to decrease h

Target regions for next leg of growth

22 Latin America, South Asia, European Union PERFORMANCE TRACK RECORD 23 PAST PERFORMANCE AT A GLANCE 5 YEARS TRACK RECORD (in ₹ cr) REVENUE 535.9 495.9 642.9 549.5 678.1 1,0 00.0 900 .0 800 .0 700 .0 600 .0 500 .0 400 .0 300 .0 200 .0 100 .0 0.0 FY17 REVENUE SPLIT Domestic FY19 FY18 FY20 Export FY21 355.4 296.3 411.1 343.1 422.6 180.5 199.6 231.8 206.5 255.6 FY17 FY18 FY19 FY20 FY21 120 .0 100 .0 80. 0 60. 0 40. 0 20. 0 0.0 60. 0 50. 0 40. 0 30. 0 20. 0 10. 0 0.0 -10.0 -20.0 -30.0 EBITDA EBITDA Margin (%) 14.1% 10.3% 66.4 8.4% 41.6 7.7% 42.4 95.5 16. 0% 14. 0% 12. 0% 10. 0% 8.0 % 6.0 % 4.0 % 2.0 % 0.0 % 2.8% 14.9 FY17 FY18 FY19 FY20 FY21 8.0 % PAT PAT Margin (%) 7.2% 3.5% 2.6% 2.0% 49.1 -19.9 17.2 16.8 10.8 FY17 FY18 FY19 FY20 FY21 6.0 % 4.0 % 2.0 % 0.0 % -2.0% -4.0% 24 -6.0% PAST PERFORMANCE AT A GLANCE 5 YEARS TRACK RECORD Leverage Analysis Working Capital Analysis 2.2 68 151 FY17 5% -27% 1.6 74 117 1.0 91 91 (₹ cr) 1.0 98 99 151 0.5 75 67 106 33 -72 48 39 -135 -48 42 30 -101 56 37