Valiant Organics Limited has informed the Exchange about Investor Presentation
September 15, 2023
To, To, Listing/Compliance Department Listing/Compliance Department BSE LTD National Stock Exchange of Phiroze Jeejeebhoy Towers, India Limited Dalal Street, “Exchange Plaza”, Plot No. C/1, Mumbai- 400 001. G Block Bandra-Kurla Complex, Bandra (E), Mumbai- 400 051. SCRIP CODE - 540145 SYMBOL- VALIANTORG
Sub: Presentation to Shareholders. Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
Please find enclosed herewith presentation made to the Shareholders of the Company at the 18th Annual General Meeting held today i.e. September 15, 2023.
Kindly take the same on your record.
Thanking you.
Yours faithfully, For Valiant Organics Limited
Avani D. Lakhani Company Secretary ICSI M. NO: A47118
Encl: As above
Regd. Office:109, Udyog Kshetra, 1st Floor, Mulund Goregaon Link Rd, Mulund West, Mumbai 400080, India. +91 22 6797 6683 • info@valiantorganics.com• www.valiantorganics.com
CIN NO.: L24230MH2005PLC151348
A n n u a l G e n e r a l M e e t i n g F Y 2 0 2 2 – 2 3 | S e p t e m b e r 2 0 2 3
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SNAPSHOT
One of the largest chlorophenol derivatives manufacturer globally
One of the leading manufacturer of Benzene derivatives products
One of the largest domestic PNA manufacturer
One of the few commercial players in Ortho Anisidine and Para Anisidine
Amongst 1st few domestic PAP Manufacturers
Diversified client base across Pharmaceuticals, Dyes & Pigments, Agrochemicals and specialty chemicals.
6 Manufacturing units across 5 Locations
5 Zero Liquid Discharge plants
Total Production Capacity of 70,000 TPA
1,300+ Employees
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COMPANY OVERVIEW
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Company Overview
Valiant Organics Limited was incorporated in 1984 by first generation technocrats and is headquartered out of Mumbai, India.
The company is focused on the manufacturing and marketing of specialty chemicals which find usage in a variety of industries, including agrochemicals, pharmaceuticals, dyes, pigments, and veterinary medications.
Key chemistries include Chlorination, Hydrogenation, Ammonolysis, Acetylation, Sulphonation, Methoxylation amongst others.
Over the years the company has primarily focused on manufacturing specialty chemicals that have a high demand but low supply and are primarily dependent on imports.
The company is listed on both the BSE and NSE with a market capitalization of INR 11,321.55 Mn as on 31st March, 2023
Operating Revenue (INR Mn) and EBITDA Margin (%)
FY23 Revenue Break-up – Chemistries
FY23 Revenue Break-up – End user Industry
14000
12000
10000
8000
6000
4000
2000
0
11,533
10,518
6,749
7,548
26.71%
27.19%
17.77%
15.62%
FY20
FY21 Revenue
FY22 EBITDA Margin
FY23
50.00%
45.00%
40.00%
35.00%
30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
Others, 6%
Ammonolysis, 28%
Chlorination, 20%
Hydrogenation, 46%
Pharmaceuticals, 31%
Dyes & Pigments, 41%
Agro Chemicals, 25%
Specialty Chemicals, 3%
Valiant Organics Limited | AGM FY22-23
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Manufacturing Footprint
CHLORINATION – SARIGAM Capacity: 18,000 MTPA • Products: PCP, OCP, 2,4 DCP, 2,6 DCP, • 2,4,6 TCP
AMMONOLYSIS - VAPI • •
Capacity: 10,000 MTPA Products: PNA, OCPNA
AMMONOLYSIS - TARAPUR Capacity: 6,600 MTPA • Products: PNA •
HYDROGENATION & METHOXYLATION- JHAGADIA UNIT 1 • •
Capacity: 28,800 MTPA Products: ONA/OA, PNA/PA, IPPCA, CONVERSION PRODUCTS
HYDROGENATION – JHAGADIA UNIT 2 • •
Capacity: 12,000 MTPA Products: PAP, PHARMA INTERMEDIATES
ACETYLATION & SULPHONATION – AHMEDABAD • •
Capacity: 1,800 MTPA Products: 6 ACETYL OAPSA, OA/PA ACETANILIDE, OT5SA
Valiant Organics Limited | AGM FY22-23
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Chemistries And Product Basket
Ammonolysis
Key Products: • •
Para Nitro Aniline Ortho Chloro Para Nitro Aniline
Industries Served: • •
Dyes Pigments
FY23 Revenue Share
46%
Others Acetylation Key Products: • • •
6 Acetyl OAPSA OA Acetanilide PA Acetanilide
Industries Served: • Dyes
Sulphonation Key Products: OT5SA • 4B Acid • 2B Acid •
Methoxylation Key Products: • •
Ortho Nitro Anisole Para Nitro Anisole
Industries Served: • Dyes • Pigments
Industries Served: • Dyes • Pigments
28%
06%
Valiant Organics Limited | AGM FY22-23
Hydrogenation
Ortho Anisidine Para Anisidine IPPCA
Key Products: • • • • Meta Chloro Aniline Para Amino Phenol • Ortho Amino Phenol •
Industries Served: • • • •
Dyes Pigments Pharmaceutical Agro Chemicals
20%
Chlorination
Key Products: • • • • •
Para ChloroPhenol (PCP) Ortho ChloroPhenol (OCP) 2,4 Di Chlorophenol (2,4 DCP) 2,6 Di ChloroPhenol (2,6 DCP) 2,4,6 Tri ChloroPhenol (2,4,6 TCP)
Industries Served: Agro Chemicals • Cosmetics • Veterinary • Pharmaceuticals •
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Key Strengths
Domain expertise and broad process understanding in a variety of chemistries. The executive team is made up of first-generation technocrats with more than 50 years of collective expertise.
Wide supply chain provides the continuous availability of adequate and high-quality raw materials and manufacturing.
Plant locations are strategically located near ports to provide a competitive advantage, significant logistical cost savings, and faster delivery times.
Robust Business Model
Integrated Operations
Strong Customer Relations
Distinct Product Portfolio
Domain Knowledge
Widespread Supply Chain
Strategic Location of Plants
Diverse product range and client base across numerous industries and countries provides a sustainable business model in multiple chemistries by lowering product, industry, and geographical risk.
Multi-use and backward integrated plants to produce a wide range of products and tailor them to meet the diverse needs, technical qualifications, batch sizes, and delivery schedules of our clients.
Established multi-year relationships with clients in both domestic and international markets due to high-quality standards, innovative production capabilities.
Manufacturing a diverse range of intermediates as well as value-added products for a variety of industries.
Valiant Organics Limited | AGM FY22-23
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FINANCIAL OVERVIEW
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Consolidated Financial Highlights
Operational Revenue (INR Mn)
EBITDA (INR Mn) & EBITDA Margins (%)
PAT (INR Mn) & PAT Margins (%)
11,533
10,518
6,749
7,548
2,052
2,049
1,803
26.71%
27.19%
17.77%
2,100
1,800
1,500
1,200
900
600
300
-
1,643
15.62%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
1,400
1,100
800
500
200
-100
FY20
FY21
FY22
FY23
FY20
FY21
FY22
FY23
1,282
1,309
1,279
1,026
18.70%
17.34%
11.09%
9.75%
FY20
FY21
FY22
FY23
Net Debt to Equity (x)
0.49
0.35
0.36
0.28
Net Worth (INR Mn)
7,401
6,489
5,086
4,008
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
-
Return on Capital Employed & Return on Equity (%)
31.35%
23.34%
25.74%
17.48%
19.71%
13.86%
29.97%
31.49%
ROCE
ROE (%)
35.00%
30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
FY20
FY21
FY22
FY23
FY20
FY21
FY22
FY23
FY20
FY21
FY22
FY23
14,000
12,000
10,000
8,000
6,000
4,000
2,000
-
0.6
0.5
0.4
0.3
0.2
0.1
0.0
Valiant Organics Limited | AGM FY22-23
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THANK YOU
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