Chemplast Sanmar Limited

rs,

2nd November, 2023 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code - 543336 National Stock Exchange of India Limited Exch

8%

formance Highlights: Q2 & H1 FY ’24 Rs. Cr Margin Key Highlights Revenues EBITDA PAT 8% -3% 5% 3% -6% 3% 1,194 996 988 98 39 46 -35 26 -64 Q2 FY ’23 Q1 FY

3%

ce Highlights: Q2 & H1 FY ’24 Rs. Cr Margin Key Highlights Revenues EBITDA PAT 8% -3% 5% 3% -6% 3% 1,194 996 988 98 39 46 -35 26 -64 Q2 FY ’23 Q1 FY ’24

5%

ghlights: Q2 & H1 FY ’24 Rs. Cr Margin Key Highlights Revenues EBITDA PAT 8% -3% 5% 3% -6% 3% 1,194 996 988 98 39 46 -35 26 -64 Q2 FY ’23 Q1 FY ’24 Q2 FY

6%

2 & H1 FY ’24 Rs. Cr Margin Key Highlights Revenues EBITDA PAT 8% -3% 5% 3% -6% 3% 1,194 996 988 98 39 46 -35 26 -64 Q2 FY ’23 Q1 FY ’24 Q2 FY ’24 Q2 F

2.5%

both Suspension and Paste PVC were marginally higher in Q2 FY ’24 on a q-o-q basis - prices were 2.5% to 5% higher sequentially • Caustic Soda and Chloromethanes prices witnessed further correctio

10%

rection in Q2 FY ’24 as compared to Q1 FY ‘24 • Energy costs during the quarter were lower by ~10% compared to Q1 FY ’24 • Our Karaikal plant and two of our plants at Mettur received the prestigi

11%

plants at Mettur received the prestigious Sword of Honour award from the British Safety Council 11% 1% 6% -2% Projects Update 2,606 1,984 293 79 11 -38 • CMC Phase 1 – Commissio

1%

at Mettur received the prestigious Sword of Honour award from the British Safety Council 11% 1% 6% -2% Projects Update 2,606 1,984 293 79 11 -38 • CMC Phase 1 – Commissioned b

2%

received the prestigious Sword of Honour award from the British Safety Council 11% 1% 6% -2% Projects Update 2,606 1,984 293 79 11 -38 • CMC Phase 1 – Commissioned by end of Se

Rs. 1000 crore

espect to steady state capacity utilization of the new production block and are on track to achieve Rs. 1000 crores revenues in the next 3-4 years. While we face headwinds in the near-term, the business prospects

133,786 mt

24 Q2 FY ’24 Q2 FY ’23 Q1 FY ’24 Q2 FY ’24 77,933 85,620 81,822 139,688 134,340 133,786 mt 20,064 17,869 18,534 41,690 30,851 33,430 p u k a e r B e u n e v e R l e m u o V s

“296 Cr; Estimated Project Capex for FY ’24 - Rs.”

Note

2

Capacity expansion

1

Note

1. 2. 3. S-PVC – Suspension PVC ; Through its wholly owned subsidiary, Chemplast Cuddalore Vinyls Limited (“CCVL”) For significant portion of its operations Through FIH Mauritius Investments Limited … with a Diversified Product Portfolio Chemplast Sanmar CCVL (1) Speciality Chemicals Other Chemicals Suspension PVC Speciality Paste PVC resin Custom Manufacturing Caustic Soda Hydrogen peroxide Chloromethanes End-user industries Footwear Auto and Furniture upholstery Pharma Agrochemicals Paper Textile Paper Textiles Pharma Irrigation Urban infra Artificial leather products Mats Fine Chemicals Capacity 66,000 mtpa 1,068 mtpa Organic and Inorganic Chemicals Effluent treatment at refineries Dis- infectants Agro- Chemicals Refrigerants (HFOs) Real estate 119,000 mtpa 34,000(2) mtpa 35,000 mtpa 331,000 mtpa FY ’23 Sales split FY ’23 EBITDA split 22% 17% 65% 61% 35%

Note

1. 2. Wholly-owned subsidiary of Chemplast Sanmar Ltd. The Hydrogen Peroxide capacity is calculated at 50% concentration level, in line with industry standards. (‘mtpa’ stands for metric tons per annum) 16 1. Paste PVC Part of speciality chemical division of Chemplast Sanmar. Largest manufacturer of Speciality Paste PVC resin in India • Manufactured at Mettur facility since 1968; 41 ktpa expansion coming up at Cuddalore • Primary raw materials include VCM, EDC, Ethylene and Chlorine • Manufactures significant portion of EDC and all of VCM requirements in-house. This provides flexibility in operations and reduces dependence on external suppliers • High repeat business – customer stickiness Capacity (in mt) Key growth drivers 107,000 41,000 66,000 • India is heavily substitution opportunity import-dependent - import • 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 Ex

Capacity expansion

Paste PVC to 66,000 tpa at Mettur S-PVC to 300,000 tpa at Cuddalore CCVL became a wholly owned subsidiary of our Company; Listing on Indian stock exchanges, post IPO Commissioned Phase 1 of Custom Manufacturing Chemicals Division’s new multi-purpose block 1967 1997 2007 2013 2021 2023 1962 1988 2003 Incorporation of erstwhile Chemicals and Plastics India Ltd. Amalgamation of MCIC with erstwhile Chemicals and Plastics India Ltd. Acquisition of caustic soda facility at Karaikal from Kothari Petrochemicals 2009 Greenfield S-PVC facility commissioned at Cuddalore 2019 2022 Commissioning of Hydrogen Peroxide plant at Mettur Demerger of S-PVC Undertaking of the Company at Cuddalore Amalgamation of Sanmar Speciality Chemicals Ltd.with our Company S-PVC capacity enhanced to 331,000 tpa by way of debottlenecking 23 2. State-of-the-art Manufacturing Units… 01 Mettur, Tamil Nadu • The site consist of 4 plants with high degree of integration • Paste PVC – 66 ktpa • Hydrogen Peroxide – 34 ktpa • Ch