Yasho Industries Limited has informed the Exchange about Investor Presentation
Date: February 11, 2025
To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001.
Scrip Code: 541167
Dear Sir/ Madam,
To, National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051.
Symbol: YASHO
Sub: Investor Presentation for Q3FY25
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the Investor’s Presentation for Q3FY25.
The said Investor’s Presentation will be simultaneously posted on the Company’s website at www.yashoindustries.com
We request you to kindly take the same on record.
Thanking You,
For Yasho Industries Limited
Rupali Verma (Company Secretary & Compliance Officer) Membership No. A42923
Encl: As above
YASHO INDUSTRIES LIMITED REGISTERED OFFICE: Office No. 101/102, Peninsula Heights, C.D Barfiwala Marg, Juhu lane, Andheri (West), Mumbai – 400058, India TEL: +91 22 62510100; FAX: +91 22 62510199; E-Mail: info@yashoindustries.com; CIN No: L74110MH1985PLC037900
INVESTOR PRESENTATION
February - 2025
Safe Harbor
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Yasho Industries 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.
2
COMPANY OVERVIEW
Business Overview
Leading specialty and performance chemicals manufacturer
Yasho Industries is a pioneer in specialty and fine chemicals manufacturing. Incorporated in 1985 by Mr. Vinod Jhaveri. Equipped with a dedicated research and development centre and state-of the-art manufacturing facilities, we manufacture 142 products across five business verticals - Food Antioxidants, Aroma Chemicals, Rubber Chemicals, Lubricant Additives and Specialty Chemicals. Our diverse product portfolio helps us serve a dynamic and far-reaching customer base across the world including the United States of America (USA), Europe, Asia, and the Middle East, securing more than 60% of revenue from exports.
2
142
50+
2K+
32.5K
2
820+
Business Categories
Total product (All Developed in house)
Countries of presence
Customers
Manufacturing capacity (MT)
R & D centres
Employees (incl 30 R&D personnel)
4
Board of Directors
MR. VINOD JHAVERI
Chairman & Executive Director
MR. PARAG JHAVERI
Managing Director & CEO
MR. YAYESH JHAVERI
Whole Time Director
MR. ANURAG SURANA
MR. U R BHAT
Non-Executive Independent Director
Non-Executive Independent Director
DR. PRAKASH BHATE
Non-Executive Independent Director
MRS. SUDHA NAVANDAR Non-Executive Independent Director
5
Diversified portfolio of over 142 products
Consumer Division
Industrial Division
Applications
Applications
o Flavours and fragrances; personal care products - cosmetics &
toiletries
o Agro chemicals & Pharmaceutical products o Oral care preparations o Edible oil, Confectioneries & food stuff, Animal feed, Vitamin premix,
Nutraceutical
o Tyres, Automobile components, Conveyor belts, surgical gloves,
latex gloves, condoms, balloons
o Hydraulic, turbine, engine & gear oils, metal working fluids &
greases
o Stabilisers for acrylics, printing inks/coating, UPR resins and fibre
composite resins
Manufacturing Capabilities
Total Manufacturing Capability
32,500 MT
VAPI 12,500 MT
PAKHAJAN 20,000 MT
Research & Development
Research & Development
Quality Control
As the cornerstone of our business, R&D is led by our promoters with active contribution and guidance
We are working on process improvements and new products which align with our business portfolio
Recently, we have upgraded our R&D facility and now have more than 30 chemists contributing actively
Several projects are in various stages of development, and we are confident that this will help us to achieve our future growth
Research & Development & Quality Control is our core strength. YIL continues to invest in R&D and to ensure sustainable operations throughout its facilities
technological upgradation
Our In-house testing facility & the state-of- the-art laboratory uses modern quality control methods and sophisticated instrumentation such as: •
AAS(Atomic Absorption Spectrophotometer) CHNS Analyzer Differential Scanning Calorimeter (DSC) FTIR (Fourier Transforms Infrared Spectrophotometer) GC (Gas Chromatography) HPLC (High-Performance Liquid Chromatography) UV Spectrophotometer
• • •
• •
•
Certifications & Accreditation
ISO Certification
FSSC 22000 Certification
FSSAI Certification
NSF Certified
STAR KOSHER Certification
FAMIQS Certification
ecovadis Certified
HALAL Certification
8
Q3 & 9M FY25 Results Highlights
Consolidated Income Statement – Q3FY25 and 9MFY25
(INR in Lac)
10
Particulars Q3 FY25Q3 FY24Y-o-YQ2 FY259 M FY259 M FY24Y-o-YFY 24Revenue from Operations14,89113,00214.5%16,390-9%48,56842,12715.3%59,356Other Income64346345604737741Total Revenue14,95613,34816,73549,17342,86460,097Cost of Material Consumed11,9268,70211,96035,38725,94534,406Change in Inventories of Finished goods & Work in Progress-3,787-766-3,010-6,9311,2003,605Total Material Consumed8,1397,9368,95028,45627,14538,011Gross Profit6,8165,4127,78520,71715,71922,086Gross Profit Margin (%)45.6%40.5%46.5%42.1%36.7%36.8%Employee Expenses 1,6251,0631,6134,7673,1274,316Other Expenses 2,4391,7593,0247,6805,0167,049EBITDA 2,7522,5906.3%3,148-12.6%8,2697,5769.2%10,722EBITDA Margin (%) 18.4%19.4%18.8%16.8%17.7%17.8%Depreciation 13013911235370811661,562EBIT1,4512,1991,9124,5616,410-28.8%9,159EBIT Margin (%)9.7%16.5%11.4%9.3%15.0%15.2%Finance Cost 16383551423446210401,487Profit before Tax-1861,843490995,370-98.2%7,673Profit before Tax(%)-1.2%13.8%2.9%0.2%12.5%12.8%Tax -10548954-913711,879Profit After Tax-811,3544361083,999-97.3%5,795PAT Margin (%) -0.5%10.1%2.6%0.2%9.3%9.6%EPS -0.7712.973.820.7935.0850.25 Management Commentary on Results –Q3FY25 and 9MFY25
Highlights of Q3FY25 and 9MFY25:
❖ Volumes have increased 8% for Q3FY25 and 18% for 9MFY25
❖ Operating margins have improved due to better product mix and improved efficiencies.
Outlook:
❖ We are confident that the new plant will start to operate at 50% utilization starting March 2025
❖ Product prices appear to have bottomed out and there is a strong industry-wide confidence that prices
are expected to go up from here on
❖ Our focus remains on safeguarding EBITDA margins through an optimized product mix and effective
cost management
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Results Highlights (Q3FY25 and 9MFY25)
Total Revenue
EBITDA
42,864
49,173
7,576
8,269
(INR in Lac)
PAT
3,999
13,348
16,735
14,956
2,590
3,148
2,752
1,354
490
-81
102
Q3 FY24
Q2 FY25
Q3 FY25
9MFY24
9MFY25
Q3 FY24 Q2 FY25 Q3 FY25
9MFY24
9MFY25
Q3 FY24
Q2 FY25
Q3 FY25
9MFY24
9MFY25
Gross Margin (%)
EBITDA Margin (%)
PAT Margin (%)
40.5%
46.5%
45.6%
36.7%
42.1%
19.4%
18.8%
18.4% 17.7%
10.1%
9.3%
16.8%
2.9%
-0.5%
0.2%
Q3 FY24 Q2 FY25 Q3 FY25
9MFY24
9MFY25
Q3 FY24 Q2 FY25 Q3 FY25
9MFY24
9MFY25
Q3 FY24 Q2 FY25 Q3 FY25
9MFY24
9MFY25
12
Results Highlights (Q3FY25 and 9MFY25)
Category-wise Revenue Breakup
Geography-wise Revenue Breakup
Industrial Chemicals
Consumer Chemicals
International
Domestic
Q3FY25
11,791
3,108
Q3FY25
9,821
5,077
Q3FY24
11,350
1,666
Q3FY24
8,140
4,876
Category-wise Revenue Breakup
Geography-wise Revenue Breakup
Industrial Chemicals
Consumer Chemicals
International
Domestic
9MFY25
39,474
8,835
9MFY25
30,926
17,383
9MFY24
35,065
6,662
9MFY24
25,983
15,745
13
Financial Performance
Total Revenue (Lac)
62,299
68,259
60,097
Gross Profit
26,738
23,376
22,086
36,952
30,028
13,586
11,179
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
EBITDA (Rs. lac) & EBITDA Margin
PAT (Rs. Lac) & PAT Margin
14.4%
16.4%
16.9%
18.7%
17.8%
4.0%
5.9%
8.5%
9.9%
9.6%
12,602
10,721
10,330
5,909
4,179
6,787
5,794
5,229
2,148
1,199
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
14
Financial Performance
ROCE (%)
32.11
34.16
25.10
24.63
20.75
12.87
ROE (%)
Debt / Equity (x)
27.21
30.21
28.52
19.66
2.70
2.00
1.90
1.00
1.30
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
Fixed Asset Turnover (x)
Net Working Capital Days
4.06
3.77
4.94
4.40
3.65
141
122
122
91
95
Cash Flow from Operations (pre-tax)
INR in Lac
11,147
3,013
3,901
3,622
5,785
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
FY20
FY21
FY22
FY23
FY24
15
Shareholders Information
Stock Information (as on 11th February, 2025)
Market Capitalization (₹)
Shares Outstanding
Free Float
Symbol BSE / NSE
Stock Performance Chart
(As on 31st December 2024)
Shareholding Pattern (%)
1.41%
0.28%
2,286
11.4 mn.
640 crs
541167 / YASHO
26.38%
71.92%
Promoters
Public
FII
DII
Mr. Deepak Kaku Chief Financial Officer
deepak@yashoindustries.com
www.yashoindustries.com
deepak@yashoindustries.com www.yashoindustries.com
CIN – L74110MH1985PLC037900
Investor Relations:
bhavya.shah@in.mpms.mufg.com
Mr. Bhavya Shah bhavya.shah@in.mpms.mufg.com +91 80827 48577
masoom.rateria@in.mpms.mufg.com
Ms. Masoom Rateria masoom.rateria@in.mpms.mufg.com +91 98332 51393
541167
YASHO
YASHO:IN
YASO:NS