NIMIR INDUSTRIAL CHEMICALS LIMITEDCorporate Briefing Session

Date: 15th September, 2020

• Listed on Pakistan Stock Exchange in 1996 (Incorporated in 1994)

• Company Symbol: NICL

• Membership of Industry Associations and Trade Bodies:

– Pakistan Business Council– Lahore Chamber of Commerce and Industry– Pakistan Chemicals Manufacturers Association– Pakistan Soap Manufacturers Association

• Auditors of the company: EY Ford Rhodes (Chartered Accountants)

• Legal Advisor : Cornelius, Lane & Mufti.

• Management buy out from Knightsbridge (an American group) in year 2011.

• Acquired Descon Chemicals Limited in Jan-16 through SPV Subsidiaries. Later thiscompany was renamed as NIMIR Resins Limited

• Financial Year: July to June

• Paid up Capital : Rs. 110.5 Million shares of Rs. 10 each

• Market Capitalization as on 11 Sep 2020: Rs. 9 Billion

• Rating: A+ for long term and A1 for short term by PACRA.

COMPANY INFORMATION

14.8 KMSheikhupura-Faisalabad Road(Driving time 60 mins from Lahore city)

LOCATION

NICL Plant

CORE BUSINESS AT A GLANCE

Distilled Fatty Acid / Oleo Chemicals

Soap noodlesStearic AcidGlycerine

Pharmaceutical, Alkyd Resin, Tobacco, Cosmetics.

Textile SectorCleaning & BleachingSteel

Finished toilet soap bars

Toilet soap

Tyre and Rubber Plastic, Textile Softener, Metal Polishing, Plastic, Cosmetics and Soap.

Soap Noodles(Palm Bright)

Stearic Acid(Double & Triple Press)

Glycerine

Caustic SodaSodium Hypochlorite

Hydrochloric Acid

Soap Bars

AerosolsBody sprays, Shaving foams, hair sprays, air fresheners, insecticides, starch spray etc.

COMPLIANCE AND CERTIFICATIONS

NICL is a Good Manufacturing Practices (GMP) compliant company.

ISO 9001: 2015

OUR CLIENTS

Major Events since 2011

2011Management

buyoutCapacity

Oleo 24K MT Chlor 31K MT

2017Oleo

Capacity 52K MT

2019Capacity

Oleo 90K MT,Soap Finishing Plant 45K MT

2015Capacity

Oleo 36K MT

2016Acquisition

of Nimir Resins Ltd

2018Capacity

Oleo 68K MT/ Commissioned Soap finishing

plant15K MT

2020 & OnwardCapacity

Oleo 110K MT/SFL 75K MTCommissioned Aerosols

Plant 30Mln CansProjects in Pipeline

1-New Caustic Soda Plant 142K MT

2- Power House-20 MW3-Personal/Home Care

Continuous efforts to attain a Sustainable, Profitable growth.

OUR PERFORMANCE – HORIZON 6 YEARS (Standalone)

Production Capacities (M.Ton) & Results

220 285

621 634

838

983

-

200

400

600

800

1,000

1,200

2015 2016 2017 2018 2019 2020

Capital ExpenditurePKR in Millions

Current201425,000 37,000

--

55,350

3,918194.6

110,000 50,000 75,000

15 Mln Cans210,000

20,220926.4

Oleo ChemicalsChlor AlkaliSoap FinishingAerosolsTotal

Gross Turnover (PKR Mln)

Net Profit (PKR Mln)

% Change340% 35%

New Business New Business

279%

416%376%

Increase85,000 13,000 75,000

-154,650

16,303731.8

Cumulative CAPEX of PKR 3.58 Billion Over the period.

Key Operating & Financial Data for Last Six Years (Standalone)

PKR in Million

2015 2016 2017 2018 2019 2020

Net Sales 3,663 5,011 7,369 12,091 14,850 17,173

Gross Profit 561 972 1,065 1,549 2,030 2,546

Operating Profit 412 765 835 1,295 1,733 2,177

Profit before taxation 294 603 701 887 1,159 1,349

Profit after taxation 222 441 471 696 810 926

EBITDA 520 832 1,003 1,340 1,804 2,319

Paid-up Capital 1,106 1,106 1,106 1,106 1,106 1,106

Net Worth 1,681 1,788 2,144 2,615 3,035 3,623

Long Term Loans and Leases 166 348 354 480 592 1,004

Current Liabilities 1,199 1,784 2,763 4,274 4,566 5,845

Current Assets 1,494 1,966 2,926 4,726 5,076 6,769

Total Assets 3,153 4,029 5,474 7,588 8,514 10,849

Breakup value per share - Rupees 15.2 16.2 19.4 23.6 27.4 32.8

Earnings per share - Rupees 2.0 4.0 4.3 6.3 7.3 8.4

Current Ratio 1.25 : 1 1.1 : 1 1.06 : 1 1.11 : 1 1.11 : 1 1.16 : 1

Long Terms Debt to Equity Ratio 9 : 91 16 : 84 14 : 86 16 : 84 16 : 84 22 : 78

Interest Coverage Ratio 3.77 7.67 6.17 5.34 4.22 3.24

FINANCIAL PERFORMANCE

4,285 5,864

8,624

14,222

17,432

20,220

-

4,000

8,000

12,000

16,000

20,000

24,000

2015 2016 2017 2018 2019 2020

Gross Turnover - StandalonePKR in million

4,285

7,007

11,571

18,186

22,723

25,373

-

5,000

10,000

15,000

20,000

25,000

30,000

2015 2016 2017 2018 2019 2020

Gross Turnover - ConsolidatedPKR in million

FINANCIAL PERFORMANCE

294

733 774 972

1,325 1,544

222 554 508

796 966

1,061

520

999 1,187

1,535

2,181

2,743

-

500

1,000

1,500

2,000

2,500

3,000

2015 2016 2017 2018 2019 2020

Profitability - ConsolidatedPKR in million EBITDA

Profit Before Taxation

Profit After Taxation

294

603 701

887

1,159

1,349

222 441 471

696 810

926 520

832 1,003

1,340

1,804

2,319

-

500

1,000

1,500

2,000

2,500

2015 2016 2017 2018 2019 2020

Profitability - StandalonePKR in million

Profit Before Taxation

Profit After Taxation

EBITDA

INVESTOR INFORMATION

Note: Share Par value was changed from Rs. 5 To Rs 10 on 16th Jan 2014.

1.0

2.0 2.0

3.0 3.0 3.0

2.0

4.0 4.3

6.3

7.3

8.4

-

2.0

4.0

6.0

8.0

10.0

2015 2016 2017 2018 2019 2020

EPS Vs Dividend (Rs.) Dividend Per Share Earning Per Share

15.2 16.2 19.4

23.6

27.4

32.8

-

5.0

10.0

15.0

20.0

25.0

30.0

35.0

2015 2016 2017 2018 2019 2020

Breakup ValuePKR per share

INVESTOR INFORMATION

166 348 354 480 592

1,004

1,681 1,788 2,144

2,615

3,035

3,623

-

1,000

2,000

3,000

4,000

2015 2016 2017 2018 2019 2020

Equity & Long term loanPKR in million

Long term loans and Leases Equity

1,199 1,784

2,763

4,274 4,566

5,845

1,494 1,966

2,926

4,726 5,076

6,769 1.25

1.10

1.06

1.11 1.11

1.16

0.95

1.00

1.05

1.10

1.15

1.20

1.25

1.30

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

2015 2016 2017 2018 2019 2020

Current RatioCurrent Liabilities Current Assets Current Ratio

RatioValues PKR “000”

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