INTEGRATED GLOBAL OPERATIONS WITH LOCAL … Fine Sciences_Final Investor... · CHEMICALS AROMA TBHQ...

INTEGRATED GLOBAL OPERATIONS WITH LOCAL REACH

INVESTORINVESTOR PRESENTATION

DISCLAIMERThis presentation and the accompanying slides (the “Presentation”), prepared by Camlin FineSciences Limited (the “Company”), have been prepared solely for information purposes and do notconstitute any offer recommendation or invitation to purchase or subscribe for any securities andconstitute any offer, recommendation or invitation to purchase or subscribe for any securities, andshall not form the basis or be relied on in connection with any contract or binding commitmentwhatsoever. No offering of securities of the Company will be made except by means of a statutoryoffering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which theCompany considers reliable, but the Company makes no representation or warranty, express orimplied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairnessand reasonableness of the contents of this Presentation This Presentation may not be all inclusiveand reasonableness of the contents of this Presentation. This Presentation may not be all inclusiveand may not contain all of the information that you may consider material. Any liability in respect of thecontents of, or any omission from, this Presentation is expressly excluded.

The Company’s actual results levels of activity performance or achievements could differ materiallyThe Company s actual results, levels of activity, performance or achievements could differ materiallyand adversely from results expressed in or implied by this Presentation. The Company assumes noobligation 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 adoptedby the Company and the Company is not responsible for such third party statements and projectionsby the Company and the Company is not responsible for such third party statements and projections.

HIGHLIGHTS

Commissioned antioxidant blending facility with application laboratory at Tarapur, India - April, 2014.

Increase in production capacity from 600 MT p.m. to 1000 MT p.m. by de-bottlenecking its manufacturing facility at CFS Europe, Italy. - May, 2014.

Commissioned antioxidant blending facility with application laboratory in Brazil - September, 2014.

Shifted its Research & Development facility from Mumbai to new state of the art Research & Development facility with ultra modern Pilot plant at Tarapur – October, 2014.

Food application laboratory for servicing antioxidant blend customers globally, commissioned in Mumbai - February, 2015.

Global sales & application team stationed across geographies in place - March 2015Global sales & application team stationed across geographies in place March, 2015.

Green process for production of Guaiacol manufacturing commissioned - March, 2015. (patent applied)

Setting up new subsidiary Companies in China and Mexico to service these markets.

New facility to be set up at Dahej SEZ for manufacture of 9000 MT p.a. of Hydroquinone and 6000 MT p.a. of Vanillin - Expected date of commissioning September, 2017.p p g p ,

JOURNEY

20142014

2012

2011

2009

2006

POWERED BY INTEGRATION

DIPHENOLSHQ/Catechol

ANTIOXIDANTS PERFORMANCE CHEMICALS

AROMA

TBHQ

CHEMICALS

VANILLINGUAIACOL

BHA

BLENDS

ETHYL-VANILLIN

VERATROLE

BLENDS

ASP

TBC

MEHQ

PDMB

ANTIOXIDANTS

Food antioxidants are used in the stabilisation of fats and oils;

Used in a wide range of fried snack foods bakery confectionery and dairyUsed in a wide range of fried snack foods, bakery, confectionery and dairyproducts;

The key drivers are increased food safety and consumption of ready toy y p yuse food

ANTIOXIDANTS

The market for food antioxidants is largely segmented as :The market for food antioxidants is largely segmented as :

Bulk Food Antioxidants

The most widely used synthetic antioxidants, include TBHQ and BHA;

Used by edible oil manufacturers ;y ;

Ensures stability of oil during processing, transportation and increases it’s shelf life;

Ascorbyl Palmitate is used in specialised fats and oils for Baby food and cosmetic industry.

ANTIOXIDANTS

Antioxidants BlendsAntioxidants Blends

The food processing industry uses synthetic and natural antioxidants,combined with carriers to give synergistic benefits. These combinations arecombined with carriers to give synergistic benefits. These combinations arecalled as antioxidant blends;

Camlin fine sciences currently has two (2) antioxidant blendsy ( )manufacturing locations, Brazil and India;

The facility in India and Brazil are capable of manufacturing 500 MT ofLiquid Blends;

Similar facilities are planned in other geographies.

AROMA AND FLAVOURS

Vanillin and Ethyl Vanillin are one of the key ingredients in the aroma /y y gflavour market used in food, feed and fragrance industry

Market growth at 10%

Launched the product in 2012 in the international market

Forward integration from raw material to finished product to help ingaining market share.

PERFORMANCE CHEMICALS

HydroquinoneBuilding block for manufacturing antioxidants, specialty polymers, rubberchemicals and inhibitors.

Catechol B ildi bl k f l i t di t d i Ph ti lBuilding block for several intermediates used in Pharmaceutical,Agrochemicals, Food, Dyes and dyestuff.

GuaiacolGuaiacolKey intermediate used in flavour, fragrance and pharmaceutical industry

Tertiary Butyl Catechol (TBC)Tertiary Butyl Catechol (TBC)Key inhibitor used in Butadiene, Styrene, VAM and VCM

Mono Methyl Ether Hydroquinone (MEHQ)Mono Methyl Ether Hydroquinone (MEHQ)Key inhibitor in Acrylic Acid and Acrylate Industry

VeratroleVeratroleIntermediate for Agrochemicals and Pharmaceuticals

MANUFACTURING FACILITIES

INDIAOWNED :OWNED :TARAPUR

OUTSOURCED FACILITIES :OUTSOURCED FACILITIES :MAHADKHOPOLI

ITALYRAVENNA

BRAZILINDAIATUBA

TARAPUR, INDIA

RAVENNA, ITALY

INDAIATUBA, BRAZIL

RESEARCH AND DEVELOPMENT

State of Art R&D Centre has been set up at Tarapur in 2014

Total area - 800 Sq Mt.

Current strength - 25 scientists

Pil t l t f ilit bl f i t i tiPilot plant facility capable of carrying out various reactions

Focus on new product development and process improvement

R & D CENTRE

FOOD APPLICATION LABORATORIES

Providing technical assistance and development support to customers; Performance and stability studies for shelf life of various products; Performance and stability studies for shelf life of various products; Laboratory set-up in Indaiatuba, Brazil with expertise in testing performance

and stability studies. State of the Art Food Application Laboratory has been set up at Mumbai State of the Art Food Application Laboratory has been set up at Mumbai

with expertise in testing, performance and stability studies pertaining to: Fats and oils Bakery Confectionery Fried snack foods Dairy Meat

Mumbai laboratory will support satellite laboratory in Brazil and at other Mumbai laboratory will support satellite laboratory in Brazil and at other locations that may be set-up subsequently.

FOOD APPLICATION LABORATORY- MUMBAI

DAHEJ PROJECT

S tti f t i f ilit t D h j SEZ Bh h Di t i t G j t Setting up a manufacturing facility at Dahej SEZ, Bharuch District, Gujaratat an estimated cost of Rs. 191.00 Crores.

Land admeasuring 64,407.91 square meters acquired in Dahej SEZ

Project to be commissioned in September 2017 Project to be commissioned in September 2017

Fully integrated project will give cost leadership

Products to be manufactured :Hydroquinone : 9000 MTPACatechol: 6000 MTPAVanillin : 6000 MTPA

FINANCIAL OVERVIEW

FINANCIAL RESULTSCONSOLIDATED 2014-2015

(Rs. in lacs)2013-2014

(Rs. in lacs)

Gross Sales & Other Operating Income 57,057.68 51,716.91

EBIDTA 9,289.02 7,128.41

Interest 2,382.46 2,465.90

Depreciation 1,624.62 1,178.60

Profit/(Loss) before tax 5,281.94 3,483.91

Less: Provision for Tax (Net) (220.79) 612.61

Profit After Tax 5 502 73 2 871 30Profit After Tax 5,502.73 2,871.30

Cash Accruals 6,001.70 3,285.08

FINANCIAL INDICATORS-CONSOLIDATED

(Rs. in Crores)

Gross Sales & Other Operating PBT PATIncome PBT PAT

10% 51% 91%

517 17 570 58 34 84 28 7152 82 55 03517.17 570.58 34.84 28.7152.82 55.03

FY14 FY15FY14 FY15 FY14 FY15FY14 FY15 FY14 FY15FY14 FY15

FINANCIAL INDICATORS- CONSOLIDATED

FIXED ASSET Gross block (Rs in Lakhs)

30,000.00 

35,000.00 

22,831.69 

25,180.04 

30,522.43  29,793.48 

15,000.00 

20,000.00 

25,000.00 

‐

5,000.00 

10,000.00 

2011‐2012 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS- CONSOLIDATED

Net Fixed Assets (Rs in Lakhs)

10,000.00

12,000.00 7,605.18  8,404.38 

10,522.98  10,924.57 

6,000.00 

8,000.00 

10,000.00 

2,000.00 

4,000.00 

‐2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS- CONSOLIDATED

/

60,000.00  51,716.91 

57,057.68 

Gross Sales/Other Operating Income (Rs in lakhs)

40 000 00

50,000.00 

33,939.59 38,285.35 

30,000.00 

40,000.00 

10,000.00 

20,000.00 

‐2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS- CONSOLIDATED

FINANCIAL INDICATORS- CONSOLIDATED

5,281.94 

Profit before Tax (Rs in lakhs)

5,000.00 

6,000.00 

3,483.91 

,

2 000 00

3,000.00 

4,000.00 

1 073 36

2,347.91 

1,000.00 

2,000.00  1,073.36 

‐2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS- CONSOLIDATED

5,502.73 

Profit After Tax (Rs in lakhs)

5,000.00 

6,000.00 

2 871 30

3,000.00 

4,000.00 

1,509.56 

2,871.30 

1,000.00 

2,000.00 379.29 

‐2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS- CONSOLIDATED

7 000 00 6 001 70

Cash Accruals (Rs in Lakhs)

5,000.00 

6,000.00 

7,000.00 

3 285 08

6,001.70 

3,000.00 

4,000.00 

1,730.61 

2,860.16 3,285.08 

1,000.00 

2,000.00 

‐2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL RESULTSSTANDALONE 2014-2015

(Rs. in lacs)2013-2014

(Rs. in lacs)

Gross Sales & Other Operating Income 44,300.16 38,289.10

EBIDTA 6,288.44 6,092.11

Interest 2,115.11 2,239.53

Depreciation 996.30 932.00

Profit/(Loss) before tax 3,177.03 2,920.58

Less: Provision for Tax (Net) 595.27 1,023.72

Profit After Tax 2,581.76 1,896.86

Cash Accruals 3,578.06 2,828.86

FINANCIAL INDICATORS - STANDALONE

(Rs. in Crores)

Gross Sales & Other Operating PBT PATp g

IncomePBT PAT

15% 9% 36%

382 89 443 00 29 21 18 9731 77 25 82382.89 443.00 29.21 18.9731.77 25.82

FY14 FY15FY14 FY15 FY14 FY15FY14 FY15 FY14 FY15FY14 FY15

FINANCIAL INDICATORS- STANDALONE

FIXED ASSET Gross block (Rs in Lakhs)

14 000 0012,392.49 

FIXED ASSET Gross block (Rs in Lakhs)

10,000.00 

12,000.00 

14,000.00 

7 271 268,570.87 

9,836.89  10,024.16 

6,000.00 

8,000.00 7,271.26 

2,000.00 

4,000.00 

‐2010‐2011 2011‐2012 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS - STANDALONE

Net Fixed Assets (Rs in Lakhs)

6,320.12 

Net Fixed Assets (Rs in Lakhs)

5,000.00 

6,000.00 

7,000.00 

4,324.40 5,064.83  5,494.43  4,990.12 

3,000.00 

4,000.00 

5,000.00

1,000.00 

2,000.00 

‐2010‐11 2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS - STANDALONE

44 300 16

Gross Sales/Other Operating Income (Rs in lakhs)

40,000.00 

45,000.00 38,289.10 

44,300.16 

30,000.00 

35,000.00 

25,620.94 

32,276.48 

15 000 00

20,000.00 

25,000.00 

16,684.90 

5,000.00 

10,000.00 

15,000.00 

‐2010‐11 2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS- STANDALONE

FINANCIAL INDICATORS - STANDALONE

Profitbefore Tax (Rs in lakhs)

3,500.00  2,920.58  3,177.03 

Profit before Tax (Rs in lakhs)

2,500.00 

3,000.00 

,

2,252.77 

1,500.00 

2,000.00 

841.85

1,644.07 

500.00 

1,000.00 841.85 

‐2010‐11 2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS - STANDALONE

P fitAft T (R i l kh )

3 000 002,581.76 

Profit After Tax (Rs in lakhs)

2 000 00

2,500.00 

3,000.00 

1,475.91 

1,896.86 

1 000 00

1,500.00 

2,000.00 

666.20 1,014.03 

, 5.9

500.00 

1,000.00 

‐2010‐11 2011‐12 2012‐13 2013‐14 2014‐15

FINANCIAL INDICATORS - STANDALONE

C hA l (R i L kh )

4 000.003,578.06 

Cash Accruals (Rs in Lakhs)

3,000.00 

3,500.00 

4,000.00 

2,331.60 

2,828.86 

1 500 00

2,000.00 

2,500.00 

1,212.43 

1,662.97 

500.00 

1,000.00 

1,500.00 

‐2010‐11 2011‐12 2012‐13 2013‐14 2014‐15

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