BASF Analyst's Meet 27.08.2013

7/29/2019 BASF Analyst's Meet 27.08.2013

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Fund Managers Meeting

August 27, 2013


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2

Approach to the meeting

SCOPE:

Only those matters which are in public domain can be subject matter in

this meeting for any clarification required.

Policy:

As a matter of policy we do not give any prognosis about the futurebusiness situation.

CONFIDENTIAL


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Companys Performance-

FY 2012-13


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CONFIDENTIAL 4

Segmental information(Revisedfrom April 2013)

Agricultural Solution includes agrochemicals.

Performance Products includes tanning agents, leather chemicals, textile chemicals,

dispersion chemicals, specialty chemicals and fine chemicals for the food,

pharmaceuticals, animal feed and cosmetic industries. Specialty chemicals include

additives, water treatment & paper treatment , home and fabric care chemicals.

Chemicals includesmonomers ,intermediates and petrochemicals.

Functional Materials & Solutions includes catalysts,coatings,construction

chemicals,styropor,polyurethanes system and engineering plastics.

Others includes technical and service charges.

Plastics Segment ceased to exist. The part of this segment now included in Functional materials and solutions segmentand remaining part included in the chemicals segment.


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5

Income Statement Highlights - BIL

2012/13 2011/12 %Sales (Net of Excise) 39,406 35,159 +12

Profit Before Tax before exceptional item 1,785 1,497 +19

Exceptional Item (95) 0Profit Before Tax after exceptional item 1,690 1,497 +13

PAT 1,141 1,009 +13

EPS ( Rs. Per share) 26.35 23.30

Dividend per share Rs. 4.0 4.0

Dividend Payout 18% 20%

Rs Mio

CONFIDENTIAL


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6

SegmentSummary (as of March 2013)Rs Mio

Sales driven profit across most businesses

CONFIDENTIAL

Year ended Year ended

Particulars 31/03/2013 31/03/2012 Growth %

Segment Revenue

Agricultural Solution 9,229 7,914 17%

Performance Products 14,172 12,981 9%

Plastics 7,914 7,089 12%

Chemicals 464 396 17%

Functional Solution 7,014 6,318 11%

Others 614 461 33%

Total 39,406 35,159 12%

Segment Results

Agricultural Solution 769 764 1%

Performance Products 1,160 986 18%

Plastics 111 (99) >100%

Chemicals 192 137 39%

Functional Solution 196 225 -13%

Others 35 25 43%

Total 2,463 2,037 21%

Less : (i) Finance costs (171) (136)

(ii) Other un-allocable expenditure * (507) (404)

Total Profit Before Tax and exceptional items 1,785 1,497 19%

Exceptional items (95) -

Total Profit Before Tax 1,690 1,497 13%

IncludesAdmin andmisc expenses


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7

Rs. Mio

Balance Sheet as on 31st Mar 13

Description 2012-13 2011-12

EQUITY & LIABILITIES

Share Capital 433 433

Reserves & Surplus 10,993 10,054

Current & Non current Liabilities 16,631 11,448

Total 28,057 21,935

ASSETS

Fixed assets 7,547 4,885

Long term loans and advances 1,773 1,072

Other non current assets 675 40

Current assets 18,062 15,938

Total 28,057 21,935

CONFIDENTIAL


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Key Ratios


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9

Sales development

2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

875010306

1238114655

31181

3601140608

Rs Mio

CONFIDENTIAL

+15%

+13%

Including Excise


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Apr Mar 12

Net Segment Revenue

Rs Mio

Apr-Mar 13

9229, 23%

14172, 36%

7914, 20%

464, 1%

7014, 18%

614, 2%

39,406

AP

Performance Products

Plastics

Chemical & Others

Functional Solution

Others

7914, 23%

12981, 37%

7089, 20%396, 1%

6318, 18%

460, 1%

35,159

CONFIDENTIAL


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11

Key Ratios

CONFIDENTIAL

1080

1514 1505 1497

1690

2008-09 2009-10 2010-11 2011-12 2012-13

Profit Before TaxRs in Million

686

968

1178

1009

1141

2008-09 2009-10 2010-11 2011-12 2012-13

Profit after TaxRs.in Million


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12

Key Ratios

CONFIDENTIAL

3852

8658

9680

10487

11426

2008-09 2009-10 2010-11 2011-12 2012-13

Shareholders EquityRs. in Million

24.35 25.00

27.22

23.30

26.35

2008-09 2009-10 2010-11 2011-12 2012-13

Earnings per share

Rupees


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Major Capex during 2012-13

Particulars Rs Mio

Dahej Project 3,028

Optical Brightening Agent Plant Expansion - Ankleshwar 274

Software 89

Dyes Plant expansion 63

Dispersion Plant expansion- Mangalore 43

Freehold land 24

Others 383

G. Total 3,904

CONFIDENTIAL


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14

Suggested Appropriation of Profits

Proposed Dividend continued @ 40% to augment futurecapital requirement for proposed 1000 Crore project

Rs Mio

Description Mar-13 Mar-12

Profit After Tax 1,141 1,009

Surplus Brought Forward 808 808

Available for Apprpriation 1,949 1,817

Proposed dividend 173 173

Dividend Distribution Tax 29 28

General Reserve 936 807

Balance Carried Forward 810 808

CONFIDENTIAL


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1st

Quarter 2013-14


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16

Financial Summary Q1 F.Y. 2013-14

Rs Mio

Apr-Jun

2013

AprJun

2012 %Net Sales 13,595 12,919 +5

Material Cost 9,645 9,385

% to Net Sales 71% 73%

PBDIT 1,520 1,246 +22

PBIT 1,340 1,108 +21

PBT 1,317 1,063 +24

PAT 869 717 +21

Cash Profit 1,049 856 +23

EPS ( In Rs.) 20.1 16.6

CONFIDENTIAL


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Segment wise Analysis(NewfromApril2013)Rs Mio

CONFIDENTIAL

3 Months

ended

3 Months

ended

Particulars 30/06/2013 30/06/2012 Growth %

Segment Revenue

Agricultural Solutions 5,860 5,045 16%

Performance Products 3,781 3,689 2%

Chemicals 142 153 -7%

Functional Materials & Solutions 3,685 3,906 -6%

Others 127 126 1%

Total 13,595 12,919 5%

Segment Results

Agricultural Solutions 1,114 693 61%

Performance Products 262 395 -34%

Chemicals 45 68 -33%

Functional Materials & Solutions (8) 103 -108%

Others 8 3 >100%

Total 1,421 1,262 13%

Less : (i) Finance costs (23) (45)

(ii) Other un-allocable expenditure (82) (154)

Total Profit Before Tax 1,317 1,063 24%

IncludesAdmin andmisc expenses


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Dahej Project Update -


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CONFIDENTIAL19

Dahej Project Status Update

Project commenced in April 2012.

Major contracts finalized and issued by end of 2012.

Project Includes Basic Infrastructure facilities and Productionfacilities for Polyurethanes, Care Chemicals and Dispersions.

Likely to be completed and commissioned during First Quarter2014.

Total cost of the Project Approximately Rs. 1000 Crores.


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Corporate Social Responsibility


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EHS initiatives

Safety awards won by Thane and Mangalore

Site

TDS safety training for drivers, vendors and

their transporters conducted at the Navi

Mumbai site Internal events and contests to create

awareness on behavioral safety

Global Safety Week celebrated at all

locations The Mangalore site team receives the Safe Industryaward from the Government of Karnataka

CONFIDENTIAL


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8/28/2013 22

Long-term commitment

Focus areas: Education and Resourc

Conservation

Two major projects: Sadbhavana andMillion Minds

Each project carefully chosen,

linking the core philosophy of BASF

to issues important to India

The Social Dimension

CONFIDENTIAL


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BASF Kids Lab

A runaway success

Initiated in India in 2004;

approximately 50,000 kids have

participated in Mumbai, Delhi,Bangalore & Mangalore with more

than 5000 on waitlist!

CONFIDENTIAL


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Thank You

Documents

BASF Analyst's Meet 27.08.2013