CHAMBAL FERTILISERS AND CHEMICALS LIMITED

May 19, 2022

BSE Limited National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G,
25th Floor, Dalal Street Bandra Kurla Complex,
Mumbai -400 001 Sandra (E)
Mumbai - 400 051

Dear Sir,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the presentation,
on the financial results of the Company for the quarter and year ended March 31, 2022, which shall be
shared with the Analysts / Investors.

You are requested to notify your constituents accordingly.

Thanking You,

Yours sincerely,
for Chambal Fertilisers and Chemicals Limited

Rajveer Singh
Vice President - Legal & Secretary

Encl.: a/a

Corporate One, First Floor, 5, Commercial Centre, Josolo, New Delhi - 110 025 • Tel.: 91-11-46581300, 41697900 • Fox: 91-11-40638679
Emoii ; corporote@chombol.in • www.chombolfertilisers.com • Cl N: L.24 l 24RJ 1985PLC003293
Regd. Office : Godepon, District Koto, Rojosthon - 325 208
Tel No.: 91-744- 2782915; Fox No.: 91-7455-274130
INVESTOR PRESENTATION

Quarter and Year Ended March 31, 2022

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Disclaimer

The following slides may contain “forward looking statements” including statements relating to the implementation of
strategic initiatives by Chambal Fertilisers and Chemicals Limited (“CFCL” or “Chambal” or “Company”) and future business
developments and economic performance.
While these forward looking statements indicate the Company’s assessment with regard to the development of its
business, there are a number of risks, uncertainties and other unknown factors that could cause actual developments and
results to differ materially from the Company’s expectations.
These factors include, but are not limited to, general market, macro‐economic, governmental and regulatory trends,
movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the
financial conditions of third parties dealing with the Company, legislative developments, and other key factors that could
affect the Company’s business and financial performance.
The Company undertakes no obligation to periodically revise any forward looking statements to reflect future/ likely events
or circumstances.

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Contents

Status of
Highlights Ammonium Nitrate
1 2 Project

Performance –
Quarter and Year Financial Ratios
4
Ended

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Highlights

• Gadepan III plant production continued beyond 100% post approval from Government of India.
Significant benefit for the country considering high international price of Urea.
• Higher procurement of phosphatic fertilizer for upcoming Kharif. Prices remain elevated with
global demand‐supply and added Russia‐Ukraine situation.
• Strong double digit growth in Crop Protection Chemicals (CPC) and Specialty Nutrients (SN)
continues.
• ‘Seed to Harvest’ pilot project carried out. Plan to scale up further in next Financial Year to support
farmers for quality CPC and SN products of major crops.
• Use of Drones on pilot basis to demonstrate efficient spray of CPC and SN products.
• Higher input prices leading to increase in working capital. However, continued support from
Government of India on subsidy payments.
• Joint Venture – Indo Maroc Phosphore S.A. ‐ IMACID continues to perform well.
• Technical Ammonium Nitrate project progressing as per plan.

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Technical
Ammonium Nitrate
Project

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Status of Technical Ammonium Nitrate (TAN) Plant

 Overall progress is as per plan for completion in Financial Year 24‐25.

 Bidding Process is on for the Project.

 Globally leading technology licensors participating in the bids.

 Applications for statutory approvals initiated.

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Performance - Quarter
and Year Ended March
31, 2022

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Performance Highlights : Quarter and Year Ended FY 2021-22 Vs FY 2020-21 – Consolidated
Amount (Rs. Crore)

Revenue from Operations EBITDA * 1.4%

16069 26.3% 2637 2600
12719

101.6% 29.1%
3307 435
1641 337

Q4 Year Q4 Year
FY 21‐22 FY 20‐21 FY 21‐22 FY 20‐21

PAT * 11.1% Cash Profit * 2194 10.7%

1566
1410 1981

19.6% 32.3%
244 204 350 265

Q4 Year Q4 Year
FY 21‐22 FY 20‐21 FY 21‐22 FY 20‐21

* Before Exceptional Items

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Performance Highlights : Quarter and Year Ended FY 2021-22 Vs FY 2020-21 – Standalone
Amount (Rs. Crore)

Revenue from Operations 26.3%

EBITDA ‐7.0%
16069 2536
2358
12719

101.6% 28.9%
3307
1641 385 299

Q4 Year Q4 Year
FY 21‐22 FY 20‐21 FY 21‐22 FY 20‐21

PAT ‐4.4% Cash Profit ‐0.2%

1287 1347 1915 1919

32.6%
17.1%
194 165 300 226

Q4 Year Q4 Year
FY 21‐22 FY 20‐21 FY 21‐22 FY 20‐21

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 Urea Production and Sales
Urea Production
33.13 33.14 33.47 33.79 Revenue from Operations
(Rs. Crore)
Urea P&K Fertilisers CPC & SN
7.88 6.94 6.98 6.53 10926

Q4 FY 21‐22 Q4 FY 20‐21 FY 21‐22 FY 20‐21 7350

5060
P & K Fertiliser Sales 3078
4671

DAP Sales MOP Sales NPK Sales 1504

204 25 121 16 472 309
12.80
Q4 FY 21‐22 Q4 FY 20‐21 FY 21‐22 FY 20‐21

6.87

2.93
1.28 1.59 • Urea Revenue increased due to significantly
0.29 0.14 0.16 0.27 0.68
0.05 higher gas prices.
Q4 FY 21‐22 Q4 FY 20‐21 FY 21‐22 FY 20‐21 • Low impact of P&K volume on revenue due to
high input price
• DAP & MOP sales significantly lower due to availability constraints • Strong double digit growth in CPC and SN
continues
Unit - Lakh/MT 10/17
Financial Position - Standalone
Amount (Rs. Crore)
Total Shareholders’ Funds Net Debt ( net of cash surplus)
Equity Reserves Total 3729
6184
5768 2962
5292
4876

416 416

As at March 31, 2022 As at March 31, 2021 As at March 31, 2022 As at March 31, 2021

Receivables Subsidy Received

10434 10329
Market Debtors Subsidy Debtors
2102

1103

49 72

As at March 31, 2022 As at March 31, 2021 FY 21‐22 FY 20‐21*

* excluding subsidy receipt of Rs.1,274 crore under Special Banking Arrangement.

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Major Items of Other Income - Standalone Amount (Rs. Crore)
FY 21‐22 FY 20‐21
27.89
25.48
23.85
20.67
18.72
15.71
11.67 12.09
9.39

Dividend Insurance Claim Investment Scrap & Other Other Dividend Insurance Claim Investment Income Other
Income sale Miscellaneous Miscellaneous

Major Items of Other Expenses - Standalone

FY 21‐22 FY 20‐21
3019.28
1645.54

778.85
633.99
243.92 212.02
126.51 102.78

Power & Fuel Freight & Packing Material Other Power & Fuel Freight & Packing Material Other
Forwarding Miscellaneous Forwarding Miscellaneous
Note : 1. Increase in Power & Fuel due to increase in gas prices.
2. Decrease in Freight & Forwarding mainly due to lower volumes of fertilisers.
3. Increase in packing material due to increased cost.
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Financial Ratios

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Financials Ratios (Standalone) – Continued Operations

ROE (%) ROCE (%) - Before Exceptional Items

24.3% 20.4% 20.5%
22.5%
20.3%
16.4% 16.8% 13.3%
10.2% 10.5%

FY18 FY19 FY20* FY21* FY22* FY18 FY19 FY20 FY21 FY22

Dividend Per Share Dividend Payout (%)

7.5 7.5
24.3% 24.9%
22.8%
20.0%
18.4%
4.0

1.9 2.0

FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20* FY21* FY22*

*Excluding one time deferred tax benefit of Rs. 344 crore , Rs. 61.25 crore and Rs. 33 Crore crore during FY 2020, FY 2021 and FY 2022 respectively.
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Financials Ratios (Standalone) – Continued Operations

Debt to Equity Ratio Net Debt to EBITDA

2.6%
2.5% 5.5 5.8
1.9%
3.9

0.7% 0.7% 1.6

1.2

FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22

Interest Coverage Ratio Debt Service Coverage Ratio

2.8
19.4 2.3 2.3
1.8 1.8

7.8
5.8 5.0
3.6

FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22

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Pan India Presence
Accessible market
We have made inroads in
(of total market size)
the emerging markets
• Urea : 88%
during 1st year of
• DAP : 88% REGIONAL OFFICES
operations with sales of Jammu
• MOP : 71%
2.11 Lakh MT of Chandigarh Karnal Existing Territories offices
• NPK : 76% Bathinda
phosphatic and potassic
• Crop Protection Hisar
New Territories offices
Fertilisers
Chemicals : 90%
Agra
Jaipur Bareilly
Deeply Lucknow
Udaipur
entrenched Patna
dealer and Jabalpur Kolkata
Marketing distribution Indore
Bhopal
Ahmedabad
network network and
comprises of Raipur
brand association
built over Aurangabad Hyderabad
decades

20 ~3,750 Vijayawada
Regional offices Dealers

~50,000
Retailers 16/17
Contact Us

For queries and requests, please contact:

Abhay Baijal, CFO Gavin Desa / Rishab Barar

Chambal Fertilisers and Chemicals Limited CDR India

Tel: +91 11 4169 7900 Tel: +91 22 6645 1237 / 1235

Email: abhay.baijal@chambal.in Email: gavin@cdr‐india.com
rishab@cdr‐india.com
For further details kindly visit Company Website :
www.chambalfertilisers.com

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