PANAMAPET

Corporate Office & Communication Address: 40I Aza House, 24, Turner Road, Bandra (W), Mumbai 400 050. Website: www.panamapetro.com Phone : 9I-22-42I77777 I Fax : 9I-22-42I77788 I E-mail : ho@panamapetro.com CIN No. L23209GJI982PLC005062 June 09, 2022 Bombay Stock Exchange Limited National Stock Exchange of India Limited, Pjiroze Jeejeebhoy Towers, Exchange Plaza,5th Floor,Plot No. C/1 Dalal Street, Fort, G Block,Bandra-Kurla Complex Mumbai 400 001 Bandra (E) ,Mumbai-400 051 Scrip Code: 524820 Scrip Symbol :PANAMAPET Sub. : Investor Update Dear Sir/Madam , Pursuant to Regulation 46(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of Presentation on quarter and financial year ended March 31, 2022 for the information of members and investors. This is for your information and records. Thanking You, For Panama Petrochem Limited Gayatri Sharma Company Secretary & Compliance Officer Panama Petrochem Investor Presentation May 2022 UAE Subsidiary May 2022 Safe Harbor The Corporate Presentation (the “Presentation”) is based on management estimates and is being provided to you (herein referred to as the “Recipient”) only for information purposes. The sole purpose of this Presentation is to provide preliminary information on the business activities of the Company, in order to assist the recipient in understanding the Company. This Presentation does not purport to be all inclusive or necessarily include all information that a prospective investor may desire in evaluating the Company. The Company expressly disclaim any and all liability for any errors and/or omissions, representations or warranties, expressed or implied as contained in this document. This Presentation has been prepared for information purposes relating to this Company only and upon the express understanding that it will be used only for the purposes set forth above. In furnishing this Presentation, the Company do not make any obligation to provide the Recipient with access to any additional information on the Company or its subsidiaries. This Presentation should not be deemed an indication of the state of affairs of the Company nor shall it constitute an indication that there has been no change in the business or state of affairs of the Company since the date of publication of this Presentation. Any clarifications / queries on the proposal as well as any future communication regarding the Company should be addressed to Panama Petrochem Limited / the Company. May 2022 Contents Key Business Highlights Q4 FY22 & 12M FY22 Financial Update Corporate Overview Product Overview New Product Development Capacity Addition Environmentally Compliant Dividend Policy Annual Financial Highlights May 2022 Q4 FY22 Financial Update Particulars Q4 Q3 Q4 FY FY YOY (Consolidated) FY22 FY22 FY21 2022 2021 Change Rs. In Crores Audited Audited (%) Total Revenue 510.92 510.38 543.00 2138.08 1452.15 47.23 Materials Consumed 398.57 404.36 413.57 1660.03 1120.30 Employee Cost 3.65 4.28 8.83 24.02 26.33 Other Expenses 36.53 33.05 38.73 152.31 109.45 EBIDTA 72.17 68.69 81.87 301.72 196.07 53.88 EBIDTA margin (%) 14.1 13.5 15.1 14.1 13.5 Depreciation 2.17 2.11 1.94 8.40 7.61 Finance Cost 1.30 1.68 1.88 7.06 8.95 Profit Before Tax 68.70 64.90 78.05 286.26 179.51 Income Tax 12.48 10.78 18.05 55.92 44.16 Profit After Tax 56.22 54.12 60.00 230.34 135.35 70.18 Earning Per Share 9.29 8.95 9.92 38.08 22.37 May 2022 Company Overview Commenced operations in 1982, leading manufacturers & exporters of petroleum based speciality oils. Net Revenue* More than 80 variant ofspeciality products used in across Rs. 2138 Crores industries like inks & resins, textiles, rubber,cosmetics and pharma, power generation, cables etc. Four manufacturing plants in India with state of the art EBIDTA technology located at Ankleshwar ,Dahej, Daman and Taloja. Rs. 302 Crores 100 %EOU facility at Taloja Wholly owned manufacturing subsidiary “Panol Industries RMCFZE “ at UAE, catering to GCC and MENA region. Net Profit Rs. 230 Crores Company exports to more than 70 countries with overseas revenue contributes around 40% Consolidated installed capacity of the Companyis 2.40 lakhs TPA. EPS Listed on BSE &NSE and Luxembourg Stock Exchange Rs. 38.08 DSIR approved R&D Centreat Ankleshwar ,Gujarat with latest analyticalfacility *YE March 2022 Audited May 2022 Company Overview Manufacturing Units with Installed Capacities Panama PetrochemLtd. 2,40,000 TPA Ankleshwar Daman 50,000 TPA 60,000 TPA Taloja Dahej SEZ 75,000 TPA 15,000 TPA PANOL , UAE 100% Subsidiary 40,000 TPA May 2022 Product Overview Speciality Products White Oils Petroleum Jelly Transformer Oils Ink & Coating Oils Knitting Oils & Rubber Process Industrial Oils & Antistatic Coning Drilling Fluids Oils Lubricants Oils May 2022 Revenue Mix SALES (%) Others, 9 Printing Ink, 20 Transformer Oil, 7 Knitting & Antistatic Coning Oil , 19 Cosmetics & Pharma, 24 Rubber Process Oil, 21 May 2022 Star Export House Export Markets (40%) USA Latin America Europe African Sub- Middle East South East Asia continent Australia May 2022 New Products in Pipeline AArroommaa FFrreeee DDiissttiillllaatteess ffoorr IInnkk && CCooaattiinngg IInndduussttrryy AArroommaattiicc FFrreeee SSoollvveenntt ffoorr PPaaiinntt IInndduussttrryy BBiioo--ddeeggrraaddaabbllee ooiillss ffoorr ddrriilllliinngg && OOiill EExxpplloorraattiioonn AArroommaattiicc ffrreeee aanndd nnoonn--ccaarrcciinnooggeenniicc nneeww ggeenneerraattiioonn ooiillss ffoorr RRuubbbbeerr IInndduussttrryy ssuucchh aass TTDDAAEE && RRAAEE May 2022 Capacity Addition PPrrooppoosseedd CCaappaacciittyy AAddddiittiioonn bbyy 4400%% oovveerr tthhrreeee yyeeaarrss ppeerriioodd EEnnhhaanncceedd CCaappaacciittyy ttoo ssttaarrtt ccoonnttrriibbuuttiinngg ffrroomm FFYY002233 PPllaannnneedd VVoolluummee ggrroowwtthh ffoorr nneexxtt 44 yyeeaarrss.. PPrrooppoosseedd CCaappaacciittyy aaddddiittiioonn ttoo PPaannooll,, UUAAEE bbyy 5500%% May 2022 Environmentally Compliant CCoommppaannyy iiss aassssiiggnneedd IISSOO 1144000011:: 22001188 PPiioonneeeerr iinn iinnttrroodduucciinngg eeccoo ffrriieennddllyy pprroodduuccttss ffoorr IInnkk iinndduussttrriieess.. EEccoo FFrriieennddllyy EEddggee iinn pprroovviiddiinngg IImmppoorrtt SSuubbssttiittuuttee pprroodduuccttss FFiirrsstt iinn IInnddiiaa ttoo iinnttrroodduuccee eeccoo ffrriieennddllyy ddrriilllliinngg fflluuiiddss ffoorr oonnsshhoorree && ooffffsshhoorree eexxpplloorraattiioonn aass cceerrttiiffiieedd bbyy NNIIOO.. May 2022 Environmentally Compliant PPiioonneeeerr iinn iinnttrroodduucciinngg ssppeecciiaalliittyy RRuubbbbeerr PPrroocceessss ooiill wwiitthh lloowweesstt ttooxxiicciittyy BBIIUU cceerrttiiffiiccaatteess ffoorr lloowweesstt PPHH ccoonntteenntt bbyy GGeerrmmaann AAggeennccyy PPllaann ttoo iinnttrroodduuccee eeccoo ffrriieennddllyy pprroodduuccttss iinn PPeessttiicciiddee IInndduussttrryy FFooccuusseedd RReesseeaarrcchh && DDeevveellooppmmeenntt ttoowwaarrddss GGRREEEENN tteecchhnnoollooggyy May 2022 Dividend Policy “The Company stands committed to deliver sustainable value to all its stakeholders and will strive to distribute an appropriate level of profits earned in the form of dividend. “ Equity Dividend (%) 450 400 400 350 300 250 200 150 100 100 100 60 60 60 60 50 50 40 50 25 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 * Detailed Dividend Distribution Policy of the Company is available on Company’s website. May 2022 Shareholding Pattern AAss oonn 3311sstt MMaarr 22002222 Public 29% Promoters 71% * As per voting capital of the Company. May 2022 Financial Snapshot Revenue & Margins Return Ratios 37.3 40 50 32 2500 15 2138 26.9 40 30 2000 21.3 38.1 1500 1347 1272 1453 10 16.9 30 20 1006 14.1 1000 8.1 10.3 20 13.5 5 22.4 8.1 5.7 10 500 10 10.1 0 0 7.3 8.6 0 4.8 0 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022 Sales (In Crs.) EBIDTA Margin (%) ROCE (%) EPS (Rs.) PAT (Rs. Crs) Free Cash Flow (Rs. Crs) 250 230.34 200 157.79 150 200 100 150 135.35 41.01 50 19.49 100 0 60.97 51.89 2018 2019 2020 2021 2022 43.8 50 28.78 -50 -8.42 -100 0 -99.91 2017 2018 2019 2020 2021 2022 -150 May 2022 Annual Financials - Income Particulars (Rs. Crores) Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Revenue 903.50 1347.38 1272.05 1006.35 1452.15 2138.08 Expenses 824.39 1238.18 1169.42 949.51 1256.08 1836.36 EBIDTA 79.11 109.2 102.63 56.84 196.07 301.72 Depreciation 4.87 5.29 5.92 7.25 7.61 8.40 PBIT 74.24 103.91 96.71 49.59 188.46 293.32 Interest 8.58 13.76 25.17 17.44 8.95 7.06 PBT 65.66 90.15 71.54 32.15 179.51 286.26 Tax 21.86 29.18 19.66 3.37 44.16 55.92 PAT 43.80 60.97 51.88 28.78 135.35 230.34 May 2022 Annual Financials – Balance Sheet Particulars (Rs. Crores) Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Equity Capital 8.07 12.10 12.10 12.10 12.10 12.10 Reserves 304.72 359.42 401.67 420.92 548.87 756.11 Borrowings 32.58 45.13 159.90 50.67 65.17 29.81 Other Liab. 323.42 559.31 345.53 273.22 366.48 455.17 Total 668.79 975.96 919.20 756.91 992.62 1253.19 Net Block 129.61 147.97 167.31 189.77 207.45 235.08 Other Assets 539.18 827.99 751.89 567.14 785.17 1018.11 Total 668.79 975.96 919.20 756.91 992.62 1253.19 Cash Flow Statement 178.80 56.07 170.02 From Operations 58.56 33.87 -78.31 -21.01 -14.47 -110.96 For Investments -20.85 -14.38 -21.60 FREE CASH 37.71 19.49 -99.91 157.79 41.60 59.06 From Financing -36.04 -6.13 81.25 -136.30 -1.29 -67.47 Net Cash Flow 1.67 13.36 -18.66 21.49 40.31 -8.41 May 2022 Thank You Contact : Mahesh Narvekar Vice President – Corporate Relations mahesh@panamapetro.com investorrelations@panamapetro.com Phone : +91 22 42177741 May 2022