ASAHISONGNSEQ4FY2510 May 2025

Asahi Songwon Colors Limited

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Key numbers — 40 extracted
rs 04
ortrait Strengthening Business Model Global Footprint Serving Leading Brands Board of Directors 04 05 06 07 08 Asahi Songwon Colors Limited is one of the leading manufacturers of blue (Phthaloc
13,800 MT
DING RELATIONS WITH MNC’S 101 NUMBER OF CUSTOMERS SERVED MANUFACTURING CAPACITIES – PADRA 13,800 MTPA BLUE PIGMENTS ODHAV 29 KL API & API INTERMEDIATE DAHEJ 2,400 MTPA RED AND YELLOW PIGMENTS C
2,400 MT
CTURING CAPACITIES – PADRA 13,800 MTPA BLUE PIGMENTS ODHAV 29 KL API & API INTERMEDIATE DAHEJ 2,400 MTPA RED AND YELLOW PIGMENTS CHHATRAL 208 KL API & API INTERMEDIATE ASAHI SONGWON COLORS LIMITED
0%
ic & Textile applications Substantial and growing domestic market share Process water recycled: 0% Process water recycled: 80% Reducing costs and Ramping up operations End use industry diversif
80%
Substantial and growing domestic market share Process water recycled: 0% Process water recycled: 80% Reducing costs and Ramping up operations End use industry diversification - Over the last few
rs,
educing costs and Ramping up operations End use industry diversification - Over the last few years, the revenue contributions from the ink industry have come down from more than 90% to ~ 55% Coa
90%
last few years, the revenue contributions from the ink industry have come down from more than 90% to ~ 55% Coatings and plastics have become key focus areas, alongside inks. ASAHI SONGWON CO
55%
years, the revenue contributions from the ink industry have come down from more than 90% to ~ 55% Coatings and plastics have become key focus areas, alongside inks. ASAHI SONGWON COLORS LIMIT
64%
aysia 12. Philippines 13. Singapore 14. Taiwan 15. UAE 16. UK 17. Vietnam 18. Bangkok 19. Thailand 64% REVENUE CONTRIBUTIONS FROM EXPORTS IN FY25 ASAHI SONGWON COLORS LIMITED 06 INVESTOR PRESENTAT
rs. 8
the last 13 years with no quarter without sales 80% of our business comes from repeat customers. 8 0 % Repeat business for the last 12 years with no quarter having zero sales Other Marquee Clien
0 %
ast 13 years with no quarter without sales 80% of our business comes from repeat customers. 8 0 % Repeat business for the last 12 years with no quarter having zero sales Other Marquee Clients
70%
t force in the markets by continuously taking share away from China, which contributed more than 70% share in phthalocyanine pigments. Today, India caters to more than 70% of the global phthalocya
Guidance — 3 items
MANUFACTURED
opening
Expand Export Business • Over the next few years, we aim to apply for accreditations such as CEP which will allow us to grow in export business.
MANUFACTURED
opening
Exceptional Items) Profit After Tax EPS FY21 FY22 FY23 FY24 FY25 283.08 410.82 504.55 426.24 0.31 283.39 233.57 49.51 17% 1.94 8.69 39.19 31.95 26.52 5.61 416.43 378.87 31.95 8% 4.72 11.96 20.88 14.65 16.10 5.86 510.41 499.27 5.28 1% 14.02 14.86 (17.74) (18.47) (9.83) 2.81 429.05 410.79 18.26 4% 12.55 16.22 (7.70) 15.64 17.01 562.36 4.04 566.40 510.23 56.17 10% 16.47 18.77 24.98 16.86 16.76 Note: Consolidated Numbers EBITDA = PBT excl.
MANUFACTURED
opening
This should help us to focus on improving our ROE and ROCE going forward.
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Risks & concerns — 3 flagged
However, once the relationship is established, it becomes difficult for the other player to take the market share.
MANUFACTURED
The pigment and chemical industry have faced a series of disruptions in recent years, from the onset of the Covid-19 pandemic to a prolonged industry-wide slowdown.
MANUFACTURED
While the API business continues to operate in a highly competitive landscape, with pressure on realisations and profitability, we are witnessing a gradual rebalancing of the market as smaller players exit.
MANUFACTURED
Speaking time
MANUFACTURED
1
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Opening remarks
MANUFACTURED
PHTHALOCYANINE PIGMENTS • CPC Blue crude • Beta Blue • Alpha Blue 2004 SETUP IN SITUATED ON 98,000 SQ. MT. PLOT WASTE AND EFFLUENT TREATMENT FACILITIES AVAILABLE NO FORCED POLLUTION SHUTDOWNS IN THE LAST DECADE GREEN COVER AROUND FACTORY PREMISES ASAHI SONGWON COLORS LIMITED 12 INVESTOR PRESENTATION 2025 Asahi Songwon has entered into a joint venture with the UK's leading colour manufacturer, Tennants Textiles Colours Limited (TTC), to manufacture red, yellow, and orange Azo pigments. W h y A Z O P ig m e n t s ? High demand that is largely met through imports from China C h in a +1: A S t r o n g Ta ilw in d The global organic and specialty pigment market is estimated at $5 billion and Azo is the largest in volume. Domestic manufacturing will ensure lower cost of production Very few operational player in the segment Global customers Looking to shift from China 25% 20% 55% Azo Pigments HPP & others Phthalocyanine Pigments China accounts for >50% of global pigment production. Production
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