134
IFFCO AT A GLANCE 2009-10 (Published in May 2010 )
IFFCO AT A GLANCE 2009-10
(Published in May 2010 )
FOREWORDFOREWORD
It gives me immense pleasure to release new and updated edition of “IFFCOat a Glance“- a popular annual compilation providing key information of theSociety in a concise format. Its vital information is ready reckoner of statisticald t t IFFCO ffi i l d i itdata to IFFCO officials and visitors.
Important information in International Units is also available under the chapter“ Information for International Guests”.
With Best Wishes
(Dr. U.S. AWASTHI)Managing DirectorManaging Director
I N D E X
S. No Chapters Page No.
1. IFFCO In Brief 1-11
CO f2. IFFCO Plants and Performance 12-33
3. Marketing and Sales Performance 34-46
4. Financial Performance 47-54a c a e o a ce 5
5. Human Resources,CSR and Bio Fertilisers 55-68
6. Information and Communication Technology 69-74
7. Awards received by IFFCO 75-79
8. Investments by IFFCO 80-87
9 Vi i F it 88 1149. Visionary Fruits 88-114
10. Vision 2015 115-121
11. Information for International Guests 122-130
IFFCO IN BRIEF
ORIGIN OF IFFCO
Till mid sixties cooperatives in India had no productionfacility despite marketing nearly 70% of fertilisers.facility despite marketing nearly 70% of fertilisers.
IFFCO was established as the farmers’ own initiative inCooperative Sector on 3rd Nov. 1967 with the proposedplants at Kalol & Kandla.
With the enactment of Multi State Co-operative SocietiesAct 2002 IFFCO is deemed to be registered as a MultiAct 2002, IFFCO is deemed to be registered as a MultiState Co-operative Society. The Society is fully ownedby Cooperatives.by Cooperatives.
(As on March 2010)PRODUCTION CAPACITY
♦ Largest producer of fertilisers in the country♦ No. of Plant Locations : Five♦ Installed Annual Capacity (‘000 MT)
UREA - 4242.2NPK/DAP - 4335.4TOTAL ‘N’ - 2628.2TOTAL ‘P2O5’ - 1712.8
Contributed about 21.7% to the total ‘N’ and 27.5% to thetotal “P2O5” produced in the country during the year 2009-10
SHARE CAPITAL (As on 31st March 2010)
(Rs in Crore)
Authorised Share Capital : 1000.00
S b ib d d 426 24
(Rs in Crore)
Subscribed and : 426.24Paid up Capital
(Entire Share Capital wholly owned by Cooperatives)
GROWTH OF MEMBER SOCIETIES
(As on 31st March)
3507237381
39824 39862
25528 26960 2813430200
57
1967-68 1974-75 1980-81 1986-87 1992-93 1998-99 2004-05 2008-09 2009-10
CUMULATIVE PRODUCTION TILL DATE(As on 31st March 2010)
(In Lakh MT)
UNIT PRODUCT PRODUCTION
KALOL UREA 150.35
PHULPUR - I UREA 155.44
PHULPUR - II UREA 106.92
AONLA - I UREA 184.44
AONLA - II UREA 117.79AONLA II UREA 117.79
TOTAL UREA 714.94
KANDLA NPK 266.87
DAP 164.68
PARADEEP NP 25.72
DAP 18.80
TOTAL NPK/DAP 476.07
TOTAL FERTS. 1191.01
NUTRIENTS ‘N’ 394.56
‘P2O5’ 168.40
CUMULATIVE ACHIEVEMENTS TILL DATE
FERTILISER PRODUCTION 1191.01 Lakh MT(As on 31st March 2010)
FERTILISER SALE 1356.84 Lakh MT
TURNOVER Rs. 1, 41,747 Crore
PROFIT BEFORE TAX Rs. 7,454 Crore
PROFIT AFTER TAX Rs. 5,755 Crore
CONTRIBUTION TO EXCHEQUER Rs. 7,629 Crore
HIGHLIGHTS OF 2009-10
Highest Production of Fertilisers (Previous Best 71.68 lakh MT in 2008-09)
81.98 lakh MT
Highest Production of Urea (Previous Best 40.68 lakh MT in 2008-09)
43.24 lakh MT
Highest Production of NP/NPK/DAP 38 74 lakh MTHighest Production of NP/NPK/DAP(Previous Best 32.26 lakh MT in 2006-07)
38.74 lakh MT
Highest Sales of Fertilisers (P i B t 112 58 l kh MT i 2008 09)
118.27 lakh MT (Previous Best 112.58 lakh MT in 2008-09)
Highest Sale of Urea (Previous Best 58.69 lakh MT in 2008-09)
63.35 lakh MT
Highest Sales of NP/NPK/DAP (Previous Best 53.89 lakh MT in 2008-09)
54.92 lakh MT
Contd….
HIGHLIGHTS OF 2009-10
Profit Before Tax (Best Rs. 807.1 crore in 2002-03)
Rs 567.28 Crore
P fit Aft T R 401 10 CProfit After Tax (Best Rs. 557.21 crore in 2002-03)
Rs. 401.10 Crore
Sales Turnover (Best Rs 32933 crore in 2008 09)
Rs. 16809 Crore (Best Rs 32933 crore in 2008-09)
Plant Productivity (Best 1669 MT/Employee in 2005-06)
1608 MT/Employee *
Highest Marketing Productivity (Previous Best 7397 MT/Employee in 2008-09)
7885 MT/Employee
Lowest Composite Energy Consumption 5 832 Gcal/MT Of UreaLowest Composite Energy Consumption(Previous lowest 5.907 Gcal/MT of Urea in 2007-08)
5.832 Gcal/MT Of Urea
* Includes Paradeep Unit
(000 MT)GROWTH IN PRODUCTION CAPACITIES
As on Date UREA NPK/DAP Total Ferts. Jan.’75 - 415.6 415.6Apr ’75 396 0 415 6 811 6Apr.’75 396.0 415.6 811.6Mar.’81 891.0 415.6 1306.6Sep.’81 891.0 881.3 1772.3J l ’88 1617 0 881 3 2498 3Jul.’88 1617.0 881.3 2498.3Dec.’96 2343.0 881.3 3224.3Aug.’97 2491.5 881.3 3372.8Dec.’97 3217.5 881.3 4098.8Aug.’99 3217.5 1600.1 4817.6Apr.’01 3689.4 1973.6 5663.0Apr.’02 3689.4 2191.1 5880.5Apr.’04 3689.4 2415.4 6104.8Oct.’05 3689.4 4335.4 8024.8Dec ’08 4242.2 4335.4 8577.6
Contd….
GROWTH IN PRODUCTION CAPACITIES(Lakh MT)
43.3543.35
50UreaNPK/DAP
32.18 32.18
36.89 36.89 36.8942.42
36.8930
40 NPK/DAP
16.17
23.43 24.91
21 9124.1520
30
3.96
8.91 8.91
21.91
16.0019.74
108.81 8.81 8.81
4.164.168.81 8.81
4.160
n '75 r '75 '81 '81 l '88 c '96 '97 c '97 '99 r '01 r '02 r '04 t '05 c'08
Jan. 7
Apr.7
Mar.8
Sep.8
Jul. 8
Dec.9
Aug.9
Dec.9
Aug.9
Apr .0
Apr .0
Apr .0
Oct.0
Dec 0
IFFCO PLANTS & PERFORMANCE
KALOL UNITYEAR OF COMMISSIONING : 1975INVESTMENT : Rs. 71.23 Crore
KALOL UNIT
INVESTMENT : Rs. 71.23 Crore
YEAR OF EXPANSION : 1997INVESTMENT R 149 70 CINVESTMENT : Rs. 149.70 Crore
PRODUCT CAPACITY TECHNOLOGYTPD TPA
AMMONIA 1100 3,63,000 M.W. KELLOG & HTASAMMONIA 1100 3,63,000 M.W. KELLOG & HTASUREA 1650 5,44,500 STAMICARBON and H & G‘N’ 759 2,50,470
KANDLA UNITYEAR OF COMMISSIONING : 1975INVESTMENT : Rs. 24.26 CroreYEAR OF FIRST EXPANSION : 1981YEAR OF FIRST EXPANSION : 1981INVESTMENT : Rs. 28.60 CroreYEAR OF SECOND EXPANSION: 1999INVESTMENT : Rs 205 30 CroreINVESTMENT : Rs. 205.30 Crore
PRODUCT CAPACITY TECHNOLOGYTPA
‘ P2O5’ 9,10,000 FOUR STREAMS (A,B,C & D) BASED ON
TVA SLURRY GRANULATION PROCESS.TWO STREAMS (E & F) BASED ON AZFPIPE REACTOR TECHNOLOGY.
‘N’ 3 51 540‘N’ 3,51,540
PHULPUR UNITYEAR OF COMMISSIONING : 1981INVESTMENT : Rs. 205.2 Crore Phulpur - I
YEAR OF EXPANSION : 1997INVESTMENT : Rs.1190 Crore Phulpur – II
YEAR OF DEBOTTLENECKING: 2008INVESTMENT : Rs.185.3 Crore
PRODUCT CAPACITY TECHNOLOGYTPD TPATPD TPA
AMMONIA 2955 9,75,150 KELLOG & HTAS UREA 5145 16,97,850 SNAMPROGETTI‘N’ 2367 7,81,011
AONLA UNITYEAR OF COMMISSIONING : 1988INVESTMENT : Rs. 651.6 Crore AONLA- I
YEAR OF EXPANSION : 1996INVESTMENT : Rs. 954.7 Crore AONLA- II
YEAR OF DEBOTTLENECKING: 2008INVESTMENT : Rs.149.2 Crore
PRODUCT CAPACITY TECHNOLOGYTPD TPATPD TPA
AMMONIA 3480 11,48,400 HALDOR TOPSOEUREA 6060 19,99,800 SNAMPROGETTI‘N’ 2788 9,19,908
PARADEEP UNIT
INVESTMENT : Rs. 2237 Crore
PARADEEP UNIT
PRODUCT CAPACITY TECHNOLOGYTPA
PHOS ACID 8 75 000 JACOBS ENGPHOS. ACID 8,75,000 JACOBS ENG.SULPHURIC ACID 23,10,000 LURGI GmbH
P2O5 (Fert Grades) 8 02 800 JACOBS ENGP2O5 (Fert. Grades) 8,02,800 JACOBS ENG.
N 3,25,200
POWER 2 x 55 MW
KALOL EXPANSION PROJECT - IIKALOL EXPANSION PROJECT II
IFFCO has envisaged setting up 13.86 Lakh MT of Ureaplant at Kalolplant at Kalol.
Project cost is likely to be about Rs. 4500 crore.
No objection certificate received from Gujarat IndustrialNo objection certificate received from Gujarat IndustrialCorporation.
Environment clearance has been received from Ministryof Environment and Forests (MoEF).
Pre Project activities have been completed.
O
PLANT HIGHLIGHTS OF 2009-10KALOL
Produced highest ever 6.00 lakh MT of Urea with capacityili i f 110% A hi d l ifiutilisation of 110%. Achieved lowest specific energy
consumption of 5.796 Gcal/MT of Urea during 2009-10.
PHULPUR
Produced highest ever 17.23 lakh MT of Urea with capacityg p yutilisation of 101%.
Phulpur-I and Phulpur-II produced highest ever 7 23 LMT andPhulpur I and Phulpur II produced highest ever 7.23 LMT and10.00 LMT of Urea, respectively, with lowest specific energyconsumption of 6.6872 Gcal/MT of Urea by Phulpur-I and 5.6660Gcal/MT of Urea by Phulpur IIGcal/MT of Urea by Phulpur-II.
Contd….
PLANT HIGHLIGHTS OF 2009-10
AONLA
Produced 20.01 lakh MT of Urea with capacity utilisation ofp y100%. Best production was 20.05 lakh MT of Urea in 2008-09.
Aonla –I produced highest ever 10.00 lakh MT of Urea andoperated with specific energy consumption of 5.690 Gcal/MT.
Aonla-II also produced 10.0 lakh MT of Urea and operated withspecific energy consumption of 5.5439 Gcal/MT. The Bestproduction was 10.18 lakh MT of Urea during 2008-09.
Contd….
PLANT HIGHLIGHTS OF 2009-10
KANDLAThe unit produced 23.74 lakh MT of NPK/DAP. Best productionwas 26 86 lakh MT of NPK/DAP in 2005-06was 26.86 lakh MT of NPK/DAP in 2005-06.
The plant operated with specific energy consumption of 0.244Gcal/MT of P2O5 Best was 0 222 Gcal/MT of P2O5 in 2005-06
PARADEEP
Gcal/MT of P2O5. Best was 0.222 Gcal/MT of P2O5 in 2005-06.
Produced highest ever 15.00 lakh MT of NP/DAP during the year2009-10 registering a rise of 14.9 % over last year.
The plant operated with lowest specific energy consumption of1.784 Gcal/MT of P2O5. It has come down from 3.164 Gcal/MT ofP O i 2006 07 t 1 784 G l/MT i 2009 10P2O5 in 2006-07 to 1.784 Gcal/MT in 2009-10.
Contd….
TOTAL FERTILISER PRODUCTION(Lakh MT)
81.98
64.35 70.12 68.47 71.68
2005-06 2006-07 2007-08 2008-09 2009-10
PRODUCTWISE PRODUCTION PERFORMANCE
(Lakh MT)
81.98
COMPLEX UREA TOTAL
( )
64.3570.12 68.47 71.68
37 18 37 86 39.63 40.68 38 7443.24
27.17
37.1832.26
37.86
28.8431.00
38.74
2005-06 2006-07 2007-08 2008-09 2009-10
NUTRIENTWISE PRODUCTION PERFORMANCE
(Lakh MT)
P2O5 N
(Lakh MT)
20.85 22.17 22.36 23.2925.85P2O5 N
9.76 11.29 9.94 9 1811.94
9.18
2005-06 2006-07 2007-08 2008-09 2009-10
UNITWISE PRODUCTION PERFORMANCE(L kh MT)
UNIT PLANT 2005-06 2006-07 2007-08 2008-09 2009-10
KALOL AMMONIA 3.44 3.46 3.18 3.28 3.84
(Lakh MT)
UREA 5.45 5.60 5.45 5.60 6.00
PHULPUR-I AMMONIA 3.20 3.41 3.76 3.93 4.23 UREA 5.51 5.73 6.30 6.63 7.235.51 5.73 6.30 6.63 7.23
PHULPUR-II AMMONIA 5.16 5.06 5.20 4.76 5.84 UREA 8.85 8.83 9.24 8.41 10.00
AON A I AMMONIA 4 9 08 10 69 8AONLA-I AMMONIA 4.79 5.08 5.10 5.69 5.78 UREA 8.63 8.85 8.76 9.87 10.00
AONLA-II AMMONIA 5.48 5.20 5.67 5.90 5.84 UREA 8.75 8.85 9.89 10.18 10.00
TOTAL UREA 37.18 37.86 39.63 40.68 43.24
Contd…
UNITWISE PRODUCTION PERFORMANCE
(L kh MT)
UNIT PLANT 2005-06 2006-07 2007-08 2008-09 2009-10
KANDLA 10:26:26 5.83 5.72 8.41 10.41 11.91
(Lakh MT)
12:32:16 11.23 11.00 6.91 5.38 4.61
DAP 9.81 8.04 4.86 2.15 7.23 NPK/DAP 26.87 24.76 20.18 17.94 23.74
PARADEEP NP - 3.32 2.73 8.70 10.98 DAP 0.30 4.18 5.93 4.37 4.02 NP/DAP 0.30 7.50 8.66 13.06 15.00 Total (Kandla +Paradeep)
27.17 32.26
28.84 31.00 38.74
TOTAL MATERIAL 64.35 70.12 68.47 71.68 81.98 N 20.85 22.17 22.36 23.29 25.85 P2O5 9.76 11.29 9.94 9.18 11.94
Note : Kandla DAP include 25150 MT of MAP during 2008-09
UNIT PLANT 2005 06 2006 07 2007 08 2008 09 2009 10
STREAM DAYS ACHIEVEDUNIT PLANT 2005-06 2006-07 2007-08 2008-09 2009-10
KALOL AMMONIA 325 327 315 336 344 UREA 328 328 320 331 345 PHULPUR-I AMMONIA 315 324 341 328 346 UREA 318 337 332 319 331 PHULPUR-II AMMONIA 336 316 329 293 344336 316 329 293 344 UREA-I 335 309 339 299 342 UREA-II 324 308 322 301 346 AONLA-I AMMONIA 315 321 313 338 347 UREA-I 312 311 285 335 337 UREA-II 315 325 307 343 343315 325 307 343 343AONLA-II AMMONIA 362 326 334 346 322 UREA-I 332 313 330 331 318
UREA II UREA-II 347 324 322 334 316
Contd…
UNIT PLANT 2005-06 2006-07 2007-08 2008-09 2009-10
STREAM DAYS ACHIEVED
KANDLA TRAIN A 299 225 242 206 259
TRAIN B TRAIN B 317 303 249 203 279 TRAIN C 309 302 248 218 306 TRAIN D 329 299 239 194 281 TRAIN E 316 301 225 206 288 TRAIN F 321 293 235 190 293 AVERAGE 315 287 240 @ 203 @ 286
@ Low due to shortage of raw material
Contd…
STREAM DAYS ACHIEVED
UNIT PLANT 2005-06 2006-07 2007-08 2008-09 2009-10
PARADEEP SAP TRAIN - I - 197 268 248 316 TRAIN - II - 180 221 271 316
PAP TRAIN - A - 308 275 306 319 PAP TRAIN - A - 308 275 306 319NP/DAP TRAIN A - 97 165 232 261
TRAIN B - 96 107 218 263 TRAIN C - 190 151 220 262 AVERAGE - 128 141 223 262
CAPACITY UTILISATION (As Percentage)
UNIT PRODUCT 2005-06 2006-07 2007-08 2008-09 @ 2009-10 @
KALOL UREA 100 103 100 103 110 PHULPUR-I UREA 100 104 114 109 104 PHULPUR-II UREA 102 102 107 93 100 AONLA-I UREA 100 102 101 106 100 AONLA-II UREA 101 102 114 109 100 KANDLA P2O5 106 96 73 60 87 PARADEEP P2O5 - 32 41 47 50 TOTAL N 102 93 94 94 98 P2O5 106 66 58 53 70
@ A d it ith ff ti d t@ As per revamped capacity with effective dates.
Specific Energy Consumption of Urea PlantsENERGY (Gcal/MT Urea)
2005-06 2006-07 2007-08 2008-09 2009-10
KALOL 6.187 5.981 5.956 5.949 5.796
PHULPUR – I 7.432 7.098 6.862 6.895 6.687
PHULPUR –II 5.795 5.788 5.833 5.988 5.666
AONLA – I 5.618 5.673 5.706 5.697 5.690
AONLA –II 5.494 5.510 5.517 5.522 5.544
Composite Energy Consumption
5.983 5.923 5.907 5.943 5.832
Specific energy consumption of Phosphatic PlantsSpecific energy consumption of Phosphatic Plants
ENERGY (Gcal/MT P2O5)
2005-06 2006-07 2007-08 2008-09 2009-10
KANDLA 0.222 0.224 0.275 0.304 0.244
PARADEEP* - 3.164 2.558 2.111 1.784
* Acquired in October 2005
Commitment to Better Environment & Quality Management
B All IFFCO Units and townships have attractive landscapesurrounded by thousands of trees.
B IFFCO is committed to improve safety, health andenvironment in and around our plants in line withenvironment in and around our plants in line withinternational norms.
B Kalol, Phulpur, Aonla and Kandla Units hold ISO-14001Certificate for Environment Management System.g y
B Kalol, Phulpur and Aonla Units have received ISO-9001 forQuality Management.
MARKETING and SALES
HIGHEST EVER SALE
Marketing Division of IFFCO achieved highest eversales of 118.27 lakh MT of fertilisers during 2009-10.Previous best was 112.58 lakh MT in 2008-09.
Society achieved highest ever sales of 63.35 lakh MTof Urea and 54 92 lakh MT of NP/NPK/DAP duringof Urea and 54.92 lakh MT of NP/NPK/DAP during2009-10. Previous best was 58.69 lakh MT of Ureaand 53.89 lakh MT of NP/NPK/DAP during 2008-09.
MARKETING TERRITORIES OF IFFCO
MARKETING CENTRAL OFFICE
NORTH CENTRAL ZONE
(LUCKNOW)
NORTH ZONE(CHANDIGARH)
SOUTH ZONE (BANGALOORU)
WEST ZONE(BHOPAL)
EAST ZONE(KOLKATA)
W B ASSAMUP,BIHAR
JHARKHAND,UTTARANCHAL
PUN, HAR,RAJ, J&K,HP, DELHI
AP, TN, KAR,
KERALAPONDICERRY
GUJ, MP,MAH, GOA
CHHATTISGARH
W.B. ASSAM, ORISSA,
MANIPUR, TRIPURA,
MEGHALAYA
MARKETING CHANNELSDistribution of fertilisers mainly through the Cooperative System:
State level Apex Cooperative Marketing Federation acts as wholesaler
Direct supplies to Societies in some States
IFFCO-NCDC Cooperative Societies
Small quantities to institutional agencies like Agro Industries Corporation etc
158 IFFCO Farmers Service Centres
DISTRIBUTION & WAREHOUSING
B TRANSPORTATION
DISTRIBUTION & WAREHOUSING
B Both by Rail (90%) and Road (10%)
B WAREHOUSING
B Federations & Cooperative Godownsp
B Central Warehousing Corporation (CWC) and
B State Warehousing Corporation (SWC)
TOTAL SALE OF FERTILISERS(Lakh MT)
93 24
112.58 118.27
81.95 86.1 93.24
2005-06 2006-07 2007-08 2008-09 2009-10
SALES PERFORMANCE(L kh MT)(Lakh MT)
COMPLEX UREA
54 29 53 8958.69
54 92
63.35
COMPLEX UREA
50.13
33 69
52.41
38.95
54.29 53.89 54.92
31.82 33.69
2005 06 2006 07 2007 08 2008 09 2009 102005-06 2006-07 2007-08 2008-09 2009-10
PRODUCT 2005-06 2006-07 2007-08 2008-09 2009-10
SALES PERFORMANCE ( In Lakh MT)
UREA OWN 37.40 38.81 39.66 40.71 43.22 IMPORTS 12.73 13.60 14.63 17.98 20.13
TOTAL 50 13 52 41 54 29 58 69 63 35 TOTAL 50.13 52.41 54.29 58.69 63.3520:20:0 - 1.97 4.05 8.20 11.38 10:26:26 5.61 5.25 9.31 10.76 11.95 12:32:16 10.95 9.80 8.84 5.51 4.62 NP/NPK TOTAL 16.56 17.02 22.20 24.47 27.94 DAP OWN 9.56 9.89 14.23 6.63 11.139.56 9.89 14.23 6.63 11.13 IMPORTS 5.70 6.57 2.36 21.91 15.84 TOTAL DAP 15.26 16.46 16.59 28.54 26.98 MOP 0 21 0 16 0 88 0 00MOP - 0.21 0.16 0.88 0.00NP/NPK/DAP/MOP
TOTAL 31.82 33.69 38.95 53.89 54.92
TOTAL 81 95 86 10 93 24 112 58 118 27FERTS. 81.95 86.10 93.24 112.58 118.27
SALES DURING KHARIF SEASON
54 03 55.05
NPK/DAP UREA TOTAL(Lakh MT)
38 4443.44
54.03
27.70
55.05
20 36
31.20
23 34
38.44
23.34 29.2224.81 27.35
10.84
20.36
15.10
23.3420.10
2005 2006 2007 2008 2009
PRODUCT 2005 2006 2007 2008 2009
SALES DURING KHARIF SEASON ( In Lakh MT)
PRODUCT 2005 2006 2007 2008 2009
UREA 20.37 23.34 23.34 24.81 27.70
NP - 0.91 2.81 3.75 4.57
NPK 10:26:26 2.90 3.02 3.78 6.49 3.12
NPK 12 32 16 3 21 3 94 5 69 2 96 1 48NPK 12:32:16 3.21 3.94 5.69 2.96 1.48
NP/NPK 6.11 7.87 12.28 13.20 9.17
DAP/MAP 4.73 7.23 7.82 15.15 18.18
MOP 0.00 0.00 0.00 0.88 0.00
TOTAL NPK/DAP
10.84 15.10 20.10 29.22 27.35
TOTAL 31.20 38.44 43.44 54.03 55.05TOTAL FERTS.
31.20 38.44 43.44 54.03 55.05
SALES DURING RABI SEASON ( In Lakh MT)
58.55 63.22NPK/DAP UREA TOTAL
50.7547.66 49.80
58.55
20 98
29.77 29.07 30.95
24.66
33.89
27.57
35.65
20.9818.59 18.85
2005-06 2006-07 2007-08 2008-09 2009-10
SALES DURING RABI SEASON ( In Lakh MT)
PRODUCT 2005-06 2006-07 2007-08 2008-09 2009-10
UREA 29 77 29 07 30 95 33 89 35 65UREA 29.77 29.07 30.95 33.89 35.65NP - 1.06 1.24 4.45 6.81 NPK 10:26:26 2.71 2.23 5.52 4.27 8.83NPK 12:32:16 7.74 5.86 3.15 2.55 3.14 NP/NPK TOTAL 10.45 9.15 9.91 11.27 18.78DAP/MAP 10.53 9.23 8.92 13.39 8.79 MOP - 0.21 0.02 0.00 0.00 TOTAL NPK/DAP 20.98 18.59 18.85 24.66 27.57
TOTAL FERTS. 50.75 47.66 49.80 58.55 63.22
Handling of imported Fertilisers Qty. (Lakh MT)
Particulars 2005-06 2006-07 2007-08 2008-09 2009-10
OMIFCO UREANo of VESSELS
6.73 9.10 9.76 9.55 10.19No. of VESSELS 24 32 32 30 32
UREA (GOI A/C)No. of VESSELS
6.93 4.56 5.36 7.82 10.33
18 12 19 26 3018 12 19 26 30
DAPNo. of VESSELS
5.95 6.78 2.19 21.98 15.88
12 15 6 66 39
MAPNo. of VESSELS
0.0 0.38 0.0 0.50 0.0
0 3 0 7 0
TOTAL FertilisersNo. of Vessels
19.61 20.82 17.31 39.85 36.40
54 62 57 129 101
FINANCIAL PERFORMANCE
FINANCIAL PERFORMANCE (In Rs. Crore)
2005-06 2006-07 2007-08 2008-09 2009-10
SALES TURNOVER 9942.93 10330.11 12162.82 32933.30 16808.57
PROFIT BEFORE TAX 481.90 251.25 380.52 441.95 567.28
PROFIT AFTER TAX 341.35 175.02 257.59 360.01 401.10
SHARE CAPITAL 422.73 422.92 423.93 426.28 426.24
RESERVES AND SURPLUS
3132.66 3218.92 3264.73 3532.59 3844.26
NETWORTH 3555.39 3641.84 3688.66 3958.87 4270.50
NET ASSETS EMPLOYED 9049.17 10661.98 10998.49 17303.77 16319.45
INVESTMENTS – JVs/ ASSOCIATES/OTHERS
776.16 740.46 770.57 914.00 892.33
INVESTMENTS – FERTILISER BONDS
- - 646.16 6638.95 6638.95
PROFIT BEFORE TAX (PBT) (In Rs. Crore)
567.28481.9
251 25380.52
441.95
251.25
2005-06 2006-07 2007-08 2008-09 2009-10
PROFIT AFTER TAX (PAT) (In Rs. Crore)( ) ( s. C o e)
341.35 360.01401.10
175.02
257.59
2005-06 2006-07 2007-08 2008-09 2009-10
TURNOVER (In Rs. Crore)
32933
1216316809
9943 1033012163
2005-06 2006-07 2007-08 2008-09 2009-10
NETWORTH (In Rs. Crore)
3555 3642 3689 39594271
2005-06 2006-07 2007-08 2008-09 2009-10
CRISIL Ratings :-
CREDIT RATINGS ASSIGNED TO IFFCOCRISIL Ratings :
AA-(outlook stable) rating on IFFCO’s Long Term BorrowingProgramme. This rating indicates high degree of safety withregard to timely payment of interest and principal on theinstrument.
“P1+” rating to IFFCO’s Rs. 100 Crore Commercial PaperProgramme. This rating indicates that the degree of safety withregard to timely payment of interest and principal on theinstrument is Very Strong.
Governance and Value Creation (GVC) rating at “GVC Level 2”.( ) gThis rating indicates that the capability of the Society withrespect to wealth creation for all its stakeholders, while adoptingsound corporate governance practices, is high.p g p g
Contd….
FITCH Ratings :-
CREDIT RATINGS ASSIGNED TO IFFCOg
Short Term Rating of “F1+ (Ind)” to IFFCO’s working capital/shortterm borrowings. This rating indicates that the degree of safetywith regards to timely payment of interest and principal on theinstrument is very strong.
Long Term Rating of “AA (Ind) (outlook Negative)” to the LongTerm Debt Programme of IFFCO. This rating indicates highdegree of safety with regard to timely payment of interest andprincipal on the instrument.
CARE Ratings :-PR1+ (P one plus) rating to IFFCO’s working capital facilities/Short Term Loans having tenure upto one yearShort Term Loans having tenure upto one year.
CARE ‘AA’ (Double A) rating to External Commercial Borrowingsand other existing long term borrowings having tenure of overand other existing long term borrowings having tenure of overone year.
HUMAN RESOURCES,
CORPORATE SOCIAL RESPONSIBILITIES
&
BIO FERTILISERSBIO FERTILISERS
PLANT PRODUCTIVITY PER EMPLOYEE (MT)( )(Production Units)
16691608
1394 1354 1376
2005-06 2006-07 2007-08 2008-09 2009-10
SALE PRODUCTIVITY PER EMPLOYEE (MT)(M k ti Di i i )(Marketing Division)
6158
73977885
5565 57366158
2005-06 2006-07 2007-08 2008-09 2009-10
CORPORATE SOCIAL RESPONSIBILITIES
Corporate Social Responsibility is our commitment towardssustainable economic development, working withemployees and their families, the local community andsociety at large to improve their quality of life.
Society has undertaken activities in the areas of communitySociety has undertaken activities in the areas of communitydevelopment, environment protection and horticulture,health care/medical facilities and literacyenhancement/empowerment programme.
IFFCO spent Rs. 45.92 crore on various social developmentactivities during 2009-10. It was Rs. 49.00 crore during 2008-09.
Agricultural Extension and fertiliser use promotion
SERVICE TO FARMERSAgricultural Extension and fertiliser use promotionprogrammes are an integral part of the marketing activity.Programmes are conducted through Area/State/Zonal offices
d th id f i lt l i ti tunder the guidance of agricultural scientists.
Programmes undertaken are :
Balanced Fertilisation programmesAdoption of villages for all round socio-economic p gdevelopmentFarmers visit to various agricultural institutes and research farmsresearch farmsFarmers’ Meetings, Field Days and Crop SeminarsStatic/Mobile Soil Testing Laboratories with Audio-visual aidsvisual aids
Contd…
(Number)SERVICE TO FARMERS
PROGRAMME 2005-06 2006-07 2007-08 2008-09 2009-10
TWO PLOT DEMONSTRATION
710 763 1006 806 881
FARMERS’ 4466 3208 3433 3450 3586 MEETINGS
FIELD DAYS 734 714 779 807 825
CROP SEMINARS 157 151 169 124 153CROP SEMINARS 157 151 169 124 153
CRITICAL INPUT PACKAGES
8257 6011 6519 6842 8125
SOIL TESTING CAMPAIGNS
1056 652 530 542 497
Contd…
SERVICE TO FARMERS
PROGRAMME 2005-06 2006-07 2007-08 2008-09 2009-10
(Number)SERVICE TO FARMERS
VETERINARYCAMPAIGNS
124 120 165 121 119
MEDICAL CHECKUP
105 66 108 10 114
SALES POINT PERSONNEL TRAINING
1116 989 1111 1070 1118
FARMERS 3520 4269 5167 5912 3711FARMERS TRAINING AND VISITS (PP)
3520 4269 5167 5912 3711
VILLAGES ADOPTED
405 402 431 438 434 ADOPTED
PP – Persons participated
Contd…
(Rs. In Lakh) SERVICE TO FARMERS
ITEM 2005-06 2006-07 2007-08 2008-09 2009-10
GRANTS TO CORDET
163.90 172.20 186.47 225.16 236.54
DEMONSTRATION EXPENSES
274.96 215.50 252.22 249.01 347.67
BENEFIT TO 936.55 1085.56 1010.67 2036.60 1793.34FARMERS TRAINING EXPENSES
133.50 184.73 183.26 192.13 164.97
OTHER PROM 331 12 364 70 586 22 810 52 567 97OTHER PROM. PROG/CROP FILMS/IRDP ETC.
331.12 364.70 586.22 810.52 567.97
SANKAT HARAN 715.00 798.00 822.00 880.00 948.00SANKAT HARAN BIMA YOJANA
715.00 798.00 822.00 880.00 948.00
TOTAL EXPENDITURE
2555.03 2820.69 3040.84 4393.42 4058.49
Contd…
SERVICE TO FARMERS
Other Social Activities/Development Programmes include :
S l f f dd i d htSupply of fodder in drought prone areas
Veterinary Checkup and Distribution of Medicines
Human Health Checkup and Distribution of Medicines
Providing drinking water facilitiesProviding drinking water facilities
Assistance to School / School children
Watershed development projects
COOPERATIVE RURAL DEVELOPMENT TRUST (CORDET)
PROMOTED BY IFFCO
z LOCATIONS
KALOL (GUJARAT)
PHULPUR (U.P.)
KANDLA (GUJARAT)KANDLA (GUJARAT)
ACTIVITIES OF CORDET
z Farmers’ Training
z Soil Testing
z Production of Bio Fertilisers
z Demonstration Farming
z Seed Multiplication
PRODUCTION OF BIO - FERTILISERSCORDET - PHULPUR & KALOL
(Qty in MT)
STRAIN 2005-06 2006-07 2007-08 2008-09 2009-10
CO U U & O(Annual Capacity 325 MT & 200 MT) *
Rhizobium 18.76 9.97 17.25 11.70 14.54 Azotobacter 159.28 158.06 168.82 224.76 316.48
PSBPSB 228.42 204.00 211.01 284.08 368.38 Azospirillium 14.86 3.65 12.49 7.03 9.36
A t b tAcetobacter 9.80 18.59 5.59 2.35 10.52
Total Production 431.12 394.27 415.16 529.91 719.28Production 431.12 394.27 415.16 529.91 719.28
Capacity Utilisation (%) 179.63 164.28 172.98 220.80 137.01
• With effect from 01.04.2009, previously it was 240 MT
SALE OF BIO - FERTILISERS (Qty in MT)
STRAIN 2005-06 2006-07 2007-08 2008-09 2009-10
Rhizobium 18.40 9.99 17.66 11.60 14.52
Azotobacter 152.11 141.65 173.90 235.61 302.71
PSB 217 13 206 20 219 49 283 05 353 35PSB 217.13 206.20 219.49 283.05 353.35
Azospirillium 14.88 2.37 11.30 8.80 9.94
Acetobacter 14.19 14.93 9.87 2.64 10.52
Total Sale 416.71 375.14 432.22 541.10 691.04
PRODUCTION & SALE OF LIQUID BIO - FERTILISERS
(Qty in Litre)UNIT / STRAIN Production Sale
PHULPUR (5000 Lt/Annum)
(Qty in Litre)
( )
Azotobacter 2954.0 1285.8
PSB 3269.5 1505.7
TOTAL 6223.5 2791.5
Capacity Utilisation 124.5 % KALOL (1100 Lt/Annum)KALOL (1100 Lt/Annum)
Azotobacter 683.8 624.3
PSB 671 7 661 0PSB 671.7 661.0
TOTAL 1355.5 1285.3
C it Utili ti 123 2 %Capacity Utilisation 123.2 %
WATER SOLUBLE FERTILISERS
Increase in area under drip irrigation
Demand for 100% water soluble fertilisers are increasingin the country
The present demand is mostly being met by imports
IFFCO has successfully produced 165 MT and 470 MT ofIFFCO has successfully produced 165 MT and 470 MT ofUrea Phosphate during the year 2008-09 and 2009-10respectively at its R&D Lab at Kandla Unit
INFORMATION AND COMMUNICATION TECHNOLOGY
z Wide Area Network (WAN) upto Area Office level with Corporate
Major ICT Activities
Server at Delhi.
z Virtual Private Network (VPN) connecting all Offices of IFFCO.
z IP Telephones available upto Area Office Many phones have videoz IP Telephones available upto Area Office. Many phones have videofacility.
z Video conferencing extensively used nationally and internationally
z Among first Corporate to successfully implement e-procurementbased on Public Key Infrastructure, Digital Certificate under legalframework of IT ACT 2000.
z Integrated Corporate enterprise wide Applications in all Areas likeHR, Finance, Marketing, Transportation, Materials, Maintenance,Production etc.
z Benefit of Pre-audit annual accounts by 1st week of April every yearfor the last five years.
z Server consolidated at Head Office and disaster recovery systemz y yset up at Kalol.
Contd…
Major ICT Activities
All Software developed by in-house expertise, often consultedby other organizations.
HRMS, an in-house developed ERP, having 25 applications forHRMS, an in house developed ERP, having 25 applications forbetter Corporate Governance and internal workflow.
Intranet applications on Rules & Procedures, News, Weather,Crop growing periods Notice Board Technical PapersCrop growing periods, Notice Board, Technical Papers,Telephone, Blood Group, Software Project MonitoringHardware Complaints and Annual Confidential Reports etc.
Multilingual Agri Information Portal to extend benefit of ICT toCooperatives and farmers. More than 100 touch screen basedKiosks installed in 16 states.
Free Multilingual email facilities to Cooperatives.
Work flow applications implemented to reduce paper work.
Contd…
ICT ACTIVITIES DURING 2009-2010
Symantec antivirus server has been consolidatedand clients installed on all the machines across the
ICT ACTIVITIES DURING 2009 2010
and clients installed on all the machines across thecountry for protection against virus attacks.
MIS Portal, Materials Management System, PlantM i t M t S t W tMaintenance Management System, WaterManagement System, Product Dispatch System etc.have been further upgraded.
Biometrics Attendance Recording System has beenintroduced in Paradeep and Aonla Units.
IFFCO has also provided software support to ITGIIFFCO has also provided software support to ITGI,ICPL, IKSL, IKSEZ and OMIFCO.
Contd…
Network & Security Setup
Internet4 Mbps
Remote offices HO Saket office
1. Field Officers 450 (Approx) 2. VPN Client to work from home
10 Mbps
* 5 MbpsLoad BalancerHA Mode 4 Mbps
Kandla Plant
Aonla Plant
Kalol DR
Paradeep Plant
IPS JuniperCisco 2811
Phulpur Plant
External Switch Cisco 2960Cisco-2811
Cisco-2811Cisco-2811 Cisco-2811
Cisco-2811
PIX Firewall (515E)
Kalol Plant PIX Firewall (515E)
in HA Mode
ASA 5510 Fi ll
Cisco-2811
Cisco 2811 Cisco-2811
Iron Port C150 (Antispam)
Links for other Mktg
offices
FirewallInternal Switch Cisco 2950
HCL NOC/SOC
MPLS VPN
LLCisco 2851
Cisco 2811Cisco 1841Routers
BSNL, Airtel & Tulip
Approx. 140 Links
8X 2Mbps (BSNL) Nehru Place
(IKSL)
(75Nos)
Kolkata Patna
Cisco 4503 L3 Switch
Cisco 2851
Core Router In GLBP Mode
IP Phones
Cisco-2811Security Servers
Cisco-2811
2 Mbps
Mumbai
JaipurLucknow ZOChandigarh
ZO Bhopal ZO
Firewall CheckpointAhmedabadBanglore
ZO
ZO
*
Legends:-3560 L3 Switch
Cisco-2811
Cisco-2811Cisco-2811
Cisco-2811
Cisco-2811
Cisco-2811Cisco-2811
yWebsense, Antivirus
Orion NMSWhatsup Gold
Call Manager(VOIP)Entrust VPNEIQ Syslog
Tulip Applications Servers Database ServersAirtel *RF(512Kb)BSNL(2MB) SpectraNet
Users Zone
EIQ Syslog
052010V3
Contd…
AWARDS RECEIVED BY IFFCO
Contd…
MAJOR AWARDS RECEIVED DURING2009-10
►“IFFCO was crowned with maiden dot Coop Global Award forCooperative Excellence from International Cooperative Alliance(ICA). Shri Surinder Kumar Jakhar, Chairman of IFFCO, receivedthe award.
►Th B t P f A d f FAI f Nit (A i )►The Best Performance Award of FAI for Nitrogenous (Ammonia)fertiliser has been won by Aonla unit. Aonla unit also won “GoldAward” in Fertiliser Sector for outstanding achievement inEnvironment Management from Greentech Foundation New DelhiEnvironment Management from Greentech Foundation, New Delhibesides TERI Environment Award 2009.
►The FAI awards for 2009 have been awarded to Paradeep Unit►The FAI awards for 2009 have been awarded to Paradeep Unitfor “ Improvement in overall performance of a company” and “BestTechnical Innovation Award” for modification of scrubbing section,Flash Coolers Filtration System in Phosphoric Acid PlantFlash Coolers Filtration System in Phosphoric Acid Plant.
Contd..
MAJOR AWARDS RECEIVED DURING2009-10
►Kalol unit has been awarded the prestigious “Gujarat StateSafety Award: 2008” for the Lowest Disable Injury Index for the fifthSafety Award: 2008 for the Lowest Disable Injury Index for the fifthconsecutive year in the category of Chemicals, Fertilisers andDistilleries and received “PRASHANSA PATRA” from “NationalSafety Council of India Safety Award 2008” in manufacturingSafety Council of India Safety Award 2008 in manufacturingsector for “Developing and Implementing an effective ManagementSystem and Procedures and achieving good performance inOSH”.
►Kalol unit also bagged five prizes from Gujarat HorticultureAssociation for “Institutional Garden”. “Cut Flowers & Vegetables “,“Society Garden (Dwarka and Kasturinagar)”, “Traffic Island, GH-2”, and Overall First Prize “Governer’s trophy”.
Contd..
MAJOR AWARDS RECEIVED DURING2009-10
►Phulpur unit got First Prize for Best Production Performance in►Phulpur unit got First Prize for Best Production Performance inNitrogenous Fertiliser Sector from FAI besides “Water efficientUnit” Award from confederation of Indian Industry for Excellencein Water Management and First Prize for “National Energyin Water Management and First Prize for National EnergyConservation Award-2008 in Fertiliser sector from Ministry ofPower, Govt. of India.
►Kandla Unit received “SUN and NDTV Green IT Award (1st
Prize) under category of Technology for a Greener Workplace
Contd
MAJOR AWARDS RECEIVED DURING2009-10
IFFCO IT Team got number of prestigious awards inIFFCO IT Team got number of prestigious awards in2009-10 such as Top 10 Green I.T. Enterprise Award,CIO 100 Award, Uptime Champion Award 2009,Enterprise Connect Award 2009, The Great MindEnterprise Connect Award 2009, The Great MindChallenge Business Award 2009 etc.
Public Relations Society of India presented First Prizey pto IFFCO’S Annual Report for 2008-09.
INVESTMENTS BY IFFCO
INVESTMENTS OUTSIDE IFFCO (As on 31.03.2010)
Indian Potash Ltd (IPL)
IFFCO’s Equity : Rs. 2.68 CroreIFFCO s Equity : Rs. 2.68 CrorePercentage of Equity held : 34%Activity : Marketing of Potash
and Imported Fertilisers
Industries Chimiques du Senegal (ICS) I & II
IFFCO’s Equity : Rs. 80.37 CrorePercentage of Equity held : 18.54 %Plant Site : Darou SenegalPlant Site : Darou, SenegalProducts : Rock Phosphate, Phosphoric
Acid and NPK Fertilisers
Contd….
INVESTMENTS OUTSIDE IFFCO (As on 31 03 2010)
IFFCO - TOKIO General Insurance Company Ltd. (ITGI)
INVESTMENTS OUTSIDE IFFCO (As on 31.03.2010)
IFFCO’s Equity Investment : Rs. 303.78 CrorePercentage of Equity held : 72.64%Activity : General InsuranceActivity : General Insurance
Oman India Fertiliser Company (OMIFCO)p y ( )
IFFCO’s Equity : Rs. 329.08 CrorePercentage of Equity held : 25%Plant Site : Sur, OmanProducts : Ammonia, Urea
Contd….
National Commodity and Derivative Exchange (NCDEX)INVESTMENTS OUTSIDE IFFCO (As on 31.03.2010)
IFFCO’s Equity Investment : Rs. 13.50 CrorePercentage of Equity held : 12%Redeemable Preference Shares : Rs. 10 Crore A ti it O Li T di iActivity : On Line Trading in
commodity futuresNational Collateral Management Services Ltd. (NCMSL)IFFCO’s Equity : Rs 4 CroreIFFCO’s Equity : Rs. 4 CrorePercentage of Equity held : 13.56%Activity : Collateral Risk Management
ServicesIFFCO Chhattisgarh Power LtdProject Cost (Estimated) : Rs. 7500 CroreIFFCO’s Equity investment : Rs.51.80 CroreDebt : Equity Ratio : 70 : 30IFFCO Equity : 74%Acti it Po er Generation (1320 MW)Activity : Power Generation (1320 MW)
Contd….
Kisan International Trading FZE (KIT)INVESTMENTS OUTSIDE IFFCO (As on 31.03.2010)
Investment : Rs. 11 Crore* IFFCO’s Equity: Rs. 1.20 CroreLocation : DubaiActivity : Special purpose vehicle (SPV) for shipping, logistics
d i t t i J i t V tand investments in new overseas Joint Ventures.* Includes Rs. 9.80 crore towards 9 bonus shares
received during 2007-08
Jordan India Fertiliser Company (JIFCO)Project Cost : USD 640 MillionIFFCO Equity : 52% (Rs. 59.11 Crore)IFFCO Equity : 52% (Rs. 59.11 Crore)Activity : Phosphoric Acid Plant (1500 MT/Day)
IFFCO Kisan Sanchar Ltd. (IKSL)Paid up Share Capital : Rs. 5 CroreIFFCO Equity : Rs. 3.65 Crore% of Equity held : 72.99 %Activity : Rural Telecom related ServicesActivity : Rural Telecom related Services
Contd….
INVESTMENTS OUTSIDE IFFCO (As on 31.03.2010)
LEGEND INTERNATIONAL HOLDING AUSTRALIALEGEND INTERNATIONAL HOLDING AUSTRALIA
• PERCENTAGE EQUITY HELD BY KIT : 11%• ACTIVITY : Mining of rock phosphate
FREE PLAY ENERGY INDIA LTD.
• IFFCO EQUITY : 30%IFFCO EQUITY : 30%• IFFCO INVESTMENT : Rs. 4.83 crore• ACTIVITY : Non conventional energy
products and devices
ARIA CHEMICALS (ORISSA) LTD.
• IFFCO EQUITY : 40%• IFFCO INVESTMENT : 0.45 crore• ACTIVITY : Aluminium fluoride facility at
Paradeep for production of 20000 MT Aluminium Fluoride
Contd….
INVESTMENTS OUTSIDE IFFCO (As on 31.03.2010)
IFFCO Kisan SEZ Ltd.
Project Cost : Rs. 660 CroreIFFCO E it R 0 25 CIFFCO Equity : Rs. 0.25 CroreActivity : Setting up Multi product “IFFCO
Kisan SEZ” at Nellore (AP)
OthersIFFCO Kisan Bazar Limited : Rs. 15 CroreCO sa a a ted s 5 C o eIndian Farm Forestry DevelopmentCooperative (IFFDC) : Rs. 12.54 CroreGrow Max Agri Corp : Rs 2 34 CroreGrow Max Agri. Corp : Rs. 2.34 CroreMaharashtra State Coop. Bank Ltd. : Rs. 0.10 Crore
P j t/L ti Obj ti E ti t d C t
INFRASTRUCTURAL INVESTMENTSProject/Location Objective Estimated Cost
Jetty To handle liquid raw materials for Kandla NPK/DAP it
Rs. 24 Crore (commissioned i M ’98)NPK/DAP unit in May’98)
Railway Box Wagons 336 wagons for Rs. 40 Crore under ”own your wagon scheme”
fertiliser movements from Kandla unit
Naphtha tank wagons
100 tank wagons for movement of Naphtha to Phulpur
Rs. 15 Crore
Unit
Railway line/siding * Speedy Movement of Fertilisers
Rs. 46.5 Crore * Work in progress
of Fertilisers
VISIONARY FRUITS
ISIO
NS "
"VIS
IFFCO’s GROWTH
As on Production (‘000 MT)
Sales(‘000 MT)
Turnover (Rs.crore)
Net Worth(Rs.crore)
01.04.1995(Before)
2935.6 3216.3 1932.9 1219.0
31 03 2000 5275 6 5172 1 4688 9 2386 731.03.2000(During Vision 2000)
5275.6 5172.1 4688.9 2386.7
31.03.2005 6153.7 6464.5 7397.0 3301.2(During Mission 2005)
31.03.2010(During Vision 2010)
8197.8 11826.5 16808.6 4270.5
31.03.2015*(During Vision 2015)
15000 15000 30000 7500
* Targets
GLORIES OF VISION 2000
Q In the year 1993, IFFCO initiated major ExpansionProjects for all the four operating units by setting up newProjects for all the four operating units by setting up newplants or by way of expansion of existing plants
Q B th 1999 ll th f j t f IFFCOQ By the year 1999, all the four projects of IFFCO werecompleted at a cost of Rs. 2500 crore without any costand time overrun
Q Investment to the equity capital were made from internalresources of the Society
Q Production capacity of the Society was doubled
Contd..
A l j t l t d h d f h d l i D 1996 t
GLORIES OF VISION 2000Aonla project completed ahead of schedule in Dec 1996 at acost of Rs. 955 crore. Commercial production started from25.12.1996
Kalol Ammonia and Urea Plants Revamped in August 1997 at aninvestment of Rs. 149.7 crore
Phulpur Expansion Project completed in December 1997 within32 months from the zero date at an investment of Rs 119032 months from the zero date at an investment of Rs. 1190crore. Commercial Production started from 22.12.1997
Kandla Expansion completed at a Project cost of Rs. 205.3crore and commercial production started on 5.8.1999, 77 daysh d f h d lahead of schedule
Industries Chimiques Du Senegal (ICS)
ICS successfully restructured by IFFCO Consortium
Industries Chimiques Du Senegal (ICS)
IFFCO Consortium has taken over managementcontrol of ICS Senegal
Major rehabilitation work of ICS plant facilities andRock phosphate mines for improving the productionperformance has been taken up to achieve fullperformance has been taken up to achieve fullcapacity utilisation
ICS exported 2 57 lakh MT of P2O5 to IFFCO duringICS exported 2.57 lakh MT of P2O5 to IFFCO duringthe year 2009 which is 39% higher than 2006
Indian Potash Limited (IPL)
♦ IPL is primarily engaged in trading of imported
Indian Potash Limited (IPL)
Potassic and Non-Potassic Fertilisers.
♦ During 2008 09 IPL achieved highest ever sales♦ During 2008-09, IPL achieved highest ever salesturnover of Rs. 32155 crore with a Net profit of Rs. 106crore.
♦ IFFCO received a dividend of Rs. 0.97 crore from IPLfor the year 2008 09for the year 2008-09.
Contd…
IFFCO-TOKIO GENERAL INSURANCE CO. LTD. (ITGI)
Diversified into General Insurance due to • Tremendous potential available • To serve the insurance needs of farmers• IFFCO’s Rural Brand Equity• Low gestation period• Low gestation period
The scope includes a mix of following:• Rural Insurance Business• Rural Insurance Business• Fire Insurance Business• Marine Insurance Business• Miscellaneous Insurance Business
Operations began in Dec 2000Operations began in Dec. 2000
Contd…
OPERATIONS OF ITGIC Gross premium in 2009-10 : Rs. 1639.56 crore *
C Profit before tax in 2009-10 : Rs. 38.61 crore *
C Cooperative Institutions like State, District and UrbanCooperative Banks, Cotton Cooperatives, DairyCooperatives and Sugar Cooperatives are used for sellingCooperatives and Sugar Cooperatives are used for sellingITGI products.
C To strengthen Cooperative Channels, ITGI is recruiting Agentsfrom Cooperative Societies so that the benefits of Insurancereaches the village populace.
C Cooperative Agents are trained and all the expenses are borneC Cooperative Agents are trained and all the expenses are borneby ITGI. Society gets an additional income by way ofCommission.
* (Provisional) Contd…
SANKAT HARAN BIMA YOJANA BY ITGI
C Linked with purchase of each bag of IFFCO/IPL fertiliserfrom Cooperative Society/FSC.p y
C Maximum liability limited to Rs. 1 lakh irrespective of theb f b h dnumber of bags purchased
C Cash receipt is evidence of insurance cover
C Policy provided insurance cover to 78.05 lakh farmers
C Disbursed claims to the tune of Rs. 56.74 crore (uptoFebruary 2010) since September 2001
Contd…
INSURANCE PRODUCTS OF ITGI
Apart from meeting general insurance requirements of ruralarea like policies for Home, Shops, Tractors, two Wheelersarea like policies for Home, Shops, Tractors, two Wheelersetc., ITGI has also launched :
Barish Bima YojnaMausam Bima YojnaKisan Suvidha Bima YojnaMahila Suraksha Bima YojnaMahila Suraksha Bima YojnaJanta Bima YojnaJansuraksha Bima YojnaJanswasthaya Bima YojnaSankat Haran Bima Yojna
IFFCO Kisan Sanchar Ltd. (IKSL)
► IKSL incorporated in April 2007 with objective to useInformation Communication Technology to empower farmers inrural India and to strengthen the cooperative network in thecountry.
► IKSL received the certificate of Incorporation on 12.04.2007and certificate for commencement of Business on 13.06.2007.
► As on 31.03.2010, paid up share capital of IKSL was Rs. 5crore, in which IFFCO held an investment of Rs. 3.65 crore withequity share holding of 72.99%.
Contd…
IKSL OPERATIONS
► IKSL has grown beyond its pilot stage and emerged as a keyplayer in rural telecom retailing services in the country
► IKSL has commenced full fledged activities in 18 states
►Subscriber base of IKSL reached around 50 lakh in March►Subscriber base of IKSL reached around 50 lakh in March2010
►About 22000 cooperative societies have adopted thisp pchannel as a diversification option
► IKSL forged strategic tie ups with State AgriculturalUniversities and Research Institutions to ensure the qualityand relevance of information supplied through its VASplateform
Kisan International Trading FZE (KIT)
KIT has been set up by IFFCO as a wholly ownedsubsidiary of IFFCO in Dubai in April 2005.
KIT has become a leading internationalorganisation to handle Import and Export of fertilisersand fertiliser raw materials and intermediates.
KIT is also catering to requirement of importedg q pUrea, DAP, MAP for various customers in India.
D i 2009 10 KIT hi d t f USD 404During 2009-10, KIT achieved turnover of USD 404million with a net profit of USD 13.94 million. KIT paidDividend of Rs. 51.80 crore to IFFCO for the year 2009-10.
Grassroots Ammonia/Urea complex at Qalhat Oman at a cost of
OMAN INDIA FERTILISER PROJECT (OMIFCO)Grassroots Ammonia/Urea complex at Qalhat, Oman, at a cost ofUSD 892 million. Commercial production started from July 14,2005.
The project comprises two Ammonia and two Urea plants of2x1750 MTPD and 2x2530 MTPD respectively. Installed capacity of1.652 million MT of Urea per annum.p
Entire production of Urea is being purchased by GoI under UreaOfftake Agreement.
Surplus Ammonia being purchased by IFFCO.
OMIFCO produced 2.029 million MT of Urea and 0.125 million MTof surplus Ammonia during the year 2009 and earned USD 146of surplus Ammonia during the year 2009 and earned USD 146million as Profit after Tax.
OMIFCO conferred with HIS MAJESTY CUP AWARD 2009 on28.12.2009
National Commodity and Derivative Exchange
(NCDEX)
NCDEX is one of the national exchanges for ”On LineTrading” in commodity futures Agricultural produce
( )
Trading in commodity futures. Agricultural produceoccupies a quarter of commodity basket.
IFFCO holds 12% equity stake in NCDEX with an objectiveof empowering farming community and CooperativeSocieties and for giving better return on their crop produce.g g p p
NCDEX is the leading exchange promoted by NABARD,NSE LIC CRISIL d IFFCO Oth j h h ldNSE, LIC, CRISIL and IFFCO. Other major shareholders arePNB, Canara Bank and Goldman Sachs.
Contd……
NCDEX
There were over 840 Trading and Clearing Members andover 27000 trading terminals as on March 31, 2010.
Commodities traded on the Exchange stood at 56comprising of 42 agricultural products, 2 energy, 6 metals,2 b lli 3 ll d 1 b dit M h 312 bullion, 3 pollymers and 1 carbon credit as on March 31,2010.
Provisional estimated income during 2009-10 was Rs. 96.18crore with Profit before Tax at Rs. 21.18 crore.
NCDEX has accredited over 400 warehouses with storagecapacity of 1.4 million MT. NCDEX has 62 depositoryparticipants and 12 clearing Banks.p p g
National Collateral Management Services Ltd. (NCMSL)
IFFCO and NCDEX has also promoted a subsidiary company bythe name of National Collateral Management Services Limited(NCMSL) on 28th September 2004 with objective of :( ) p j
Providing end-to-end Collateral Risk Management SolutionsA dit ti / G di f W hAccreditation / Grading of WarehousesEmpanelment of Graders / CertifiersFacilitating structures for Commodity LendingInsurance tie up and adequate liability coverage
Other major shareholders are ICICI Bank, Canara Bank,Punjab National Bank Corporation Bank Bank of India HDFCPunjab National Bank, Corporation Bank, Bank of India, HDFCBank, HAFED and Karur Vysya Bank
For the year 2008-09, NCMSL achieved total income of Rs.74.51 crore with PAT of Rs. 2.35 crore.
IFFCO KISAN BAZAR LTD. (IKBL)
IFFCO Kisan Bazar Ltd. was incorporated on26.02.2004 with the objective to undertake business inagri-input and consumer goods for the benefit off d tifarmers and cooperatives.
IKBL invested Rs 13 40 crore to acquire 90 %IKBL invested Rs. 13.40 crore to acquire 90 %shareholding in Baylis Generator’s Ltd. which holdspatents to convert mechanical energy into electricalp gyenergy.
INVESTMENT FOR CAPACITY INCREASE
►Energy Saving Project (ESP) has been implemented inll A i d U Pl t t K l l Ph l d A lall Ammonia and Urea Plants at Kalol, Phulpur and Aonla
units with total investment of Rs. 412 Crore (USD 103Million).
►Capacity Enhancement Project (CEP) has increasedUrea capacity to 42.42 lakh tonne from 36.89 lakh tonne.Urea capacity to 42.42 lakh tonne from 36.89 lakh tonne.
►Acquired NPK/DAP Plant of 2 Million MTPA atP d l ith Ph h i A id d S l h i A idParadeep alongwith Phosphoric Acid and Sulphuric Acidat a cost of USD 505 Million in October 2005.
IFFCO Chhattisgarh Power LTD. (ICPL)
IFFCO has entered the power sector by incorporating ajoint venture company named “IFFCO Chhattisgarh PowerLimited” (ICPL) with Chhattisgarh State Electricity BoardLimited” (ICPL) with Chhattisgarh State Electricity Board(CSEB) on January 25, 2006 to set up a 1320 MW coal basedMega Power Plant based on supercritical technology at anestimated project cost of Rs. 7500 Crore.
The project is envisaged to be financed with debt : equityThe project is envisaged to be financed with debt : equityratio of 70:30.
The State Government has allocated Tara Coal Block for theICPL project.
Contd….
IFFCO Chhattisgarh Power LTD. (ICPL)
ICPL has formed a Joint Venture company named CMDCIPCL Coal Ltd. (CICL) with Chhattisgarh Mineral DevelopmentCorporation to develop Tara Coal BlockCorporation to develop Tara Coal Block.
CMDC holds 51% share capital and ICPL holds 49% sharecapital.
The process for land acquisition is in final stage alongwithp q g gother clearances like Environmental clearance and Forestclearance.
Commercial Operation by ICPL is expected to commencein the year 2013-14.
IFFCO d J d Ph h t Mi C Ltd
Jordan India Fertiliser Company (JIFCO)
IFFCO and Jordan Phosphates Mines Company Ltd.(JPMC) have formed a limited liability Joint Venture Companyby the name of Jordan India Fertiliser Company (JIFCO) ony p y ( )March 6, 2008 to set up a Phosphoric Acid Plant of capacity1500 MT of P2O5 per day at Eshidiya with estimated Project
t f US $640 illicost of US $640 million.
IFFCO and JPMC will hold equity in ratio of 52% and 48%,respectively. JPMC will make available the required quantity ofRock Phosphate for the project.
International Finance Corporation (IFC) has beenappointed Lead Financial Arranger-cum-Advisor for theproject.
Legend International Holdings Inc. Australia
Legend has exploration interests in QueenslandTerritory Australia having phosphate deposits of 1 0Territory, Australia, having phosphate deposits of 1.0billion tonne at 16% P2O5.
Legend has been granted mining lease in majority of itsD- Tree Project Tenements having proven resources of 305million tonne at 15% P2O5million tonne at 15% P2O5.
Rock phosphate from legend to IFFCO would help inproduction of quality phosphate fertilisers in India ininterest of farmers.
Americas Petrogas Inc., Canada
IFFCO and its Associates acquired about 10% stake inAmericas Petrogas Inc., Canada (API) alongwith 20% stake inGrowmax Agri CorpGrowmax Agri Corp.
API holds 11 blocks having 1.37 million acres in Neuqueng qbasin of Argentina for exploration of oil and gas.
G A i C 100% f A i P t h PGrowmax Agri Corp. owns 100% of Americas Potash PeruS.A. having interest in potash deposit.
IFFCO and its Associates would have right to 50% potashofftake from Peru project.
IFFCO KISAN SEZ (IKSEZ)
IFFCO is setting up a multi-product KISAN Special EconomicZone (IKSEZ) at Nellore with an investment of Rs. 660 crore.
The foundation stone was laid on 21.03.2008 by Dr. Y.S.Rajasekhara Reddy, Hon’ble Chief Minister of Andhraj y,Pradesh.
Th SEZ i h i 1023 h t (2527 ) f l d dThe SEZ is having 1023 hectares (2527 acre) of land ownedby IFFCO.
The investors have expressed a keen interest to participatein IKSEZ project.
Contd…
IFFCO KISAN SEZ (IKSEZ)
♦ The Project will be developed in 4 Phases, 1st Phase isexpected to be completed by 2011. The site is located on NH-5 (Howrah Chennai Highway) and is close to Krishnapatnam5 (Howrah-Chennai Highway) and is close to Krishnapatnamport .
♦ The project will consist of farmer friendly facilities likeLogistics Zone with State-of-the-art Warehousing facilities,Cold Storage Food Processing zoneCold Storage, Food Processing zone.
♦ The project would also have Agribiotech Park, DemoCentres, Training Plots, Green Houses, Model Dairy Farms,Incubation Centres, Distribution Centre, Highway Rural Mart,Health Care Centre etcHealth Care Centre etc.
Contd…
IFFCO KISAN SEZ (IKSEZ)
♦ Agro Food Park would be backed with Agriclinics,Nurseries, Soil Testing Centres, Microfinance, Smart CardSystems Farmer and Rural Youth Training Centres RuralSystems, Farmer and Rural Youth Training Centres, RuralMarts/Village Business Centres.
♦ There would also be plenty of scope to increase anddevelop dairy and livestock farming in the region to involve“women power” to create secondary revenue streams inp ytimes of down turns.
♦ Th t d d d t ti i d t i i l d♦ The expected secondary and tertiary industries includeAutomobile Components, Pharmaceuticles and Leatherproducts etc.
VISION 2015
BROAD VISION OF THE SOCIETY
C To augment the incremental income of farmers byhelping them to increase their crop productivitythrough balanced use of energy efficient fertilisers
C To maintain the environmental health
C To make cooperative societies economically anddemocratically strong for professionalised servicesto the farming comm nit to ens re an empo eredto the farming community to ensure an empoweredrural India.
C To diversify into other profitable business areasC To diversify into other profitable business areas,apart from fertiliser sector, for sustained growthand adequate return to member shareholders
IFFCO f ll i l t d it li C t Pl l
VISION 2015
IFFCO successfully implemented its earlier Corporate Plans namely“VISION 2000”, “MISSION 2005” and ‘VISION 2010’ which resulted intobecoming one of the largest producer and marketer of ChemicalF tili b i f IFFCO’ i ti it tti j i tFertilisers by expansion of IFFCO’s existing units, setting up jointventure companies overseas and diversification into new sectors.
IFFCO has now visualised a comprehensive Plan entitled ‘VISION-2015’IFFCO has now visualised a comprehensive Plan entitled VISION 2015having objectives of :-
Production of fertilisers through expansion of existing units
Setting up of additional fertiliser production facilities in India andAbroad through joint ventures
Di ifi ti i t th fit bl tDiversification into other profitable sectors
Strengthening raw material sourcing through Strategic joint ventures
Formulation of Strategic Alliances through IFFCO consortiumFormulation of Strategic Alliances through IFFCO consortium
Major salient features of ‘Vision 2015’Major salient features of Vision-2015
Become Global Leader in Fertilisers Production to cater to Food Security needs of the Nation.
Maximise synergies of core business through Downstream valueAdditions and Forward/Backward integration.
Enhance presence in International markets through strategicj i t t d S i ti A i itijoint ventures and Synergistic Acquisitions.
Promote Integrated Nutrient Management to improve efficiencyof fertiliser use and to promote location specific research anof fertiliser use and to promote location specific research anefficient fertiliser practices.
Contd…
Major salient features of ‘Vision-2015’
Bring sustainability and strategies to prevent climatechanges by reducing Energy consumption, ImprovingResources management and promoting Renewable EnergyResources management and promoting Renewable Energysources.
Help Cooperative Societies to become economicallystrong, professionally managed and to equip Farmingcommunity with advanced agricultural practices forimproved productivity to ensure empowered Rural India.improved productivity to ensure empowered Rural India.
Achieve Fertilisers Production/Marketing target of 15million tonne per annum with an annual turnover of Rs.30,000 crore.
MAJOR PROJECTS IN HAND
B IFFCO CHHATTISGARH POWER LIMITED
B JORDAN INDIA FERTILISER COMPANY
B LEGEND INTERNATIONAL HOLDINGS INC.
B AMERICAS PETROGAS INCB AMERICAS PETROGAS INC.
B IFFCO KISAN SEZ
TARGETS UNDER VISION - 2015
Area of Operation Projected Target
Production of Fertlisers
15 Million TonneFertlisersSale of Fertilisers 15 Million Tonne
Turnover USD 6500 Million
Networth USD 1700 MillionNetworth USD 1700 Million
IMPORTANT INFORMATION
FOR
INTERNATIONAL GUESTSINTERNATIONAL GUESTS
PRODUCTION PERFORMANCE
10000 COMPLEX UREA TOTAL
(‘000 MT)
7012 68477168
8198
8000
9000
6435
6000
7000
2717
37183226
3786
2884
3963
3100
4068 38744324
4000
5000
1000
2000
3000
10002005-06 2006-07 2007-08 2008-09 2009-10
SALES PERFORMANCE
(‘000 MT)
1125811827
11000
13000COMPLEX UREA TOTAL
81958610
9324
63357000
9000
54925389
38953369
63355869542952415013
5000
7000
33693182
1000
3000
10002005-06 2006-07 2007-08 2008-09 2009-10
FINANCIAL PERFORMANCE
2005-06 2006-07 2007-08 2008-09 2009-10
SALES TURNOVER 2096 78 2178 43 2564 91 6945 02 3544 62
(USD Million )
SALES TURNOVER 2096.78 2178.43 2564.91 6945.02 3544.62
PROFIT BEFORE TAX 101.62 52.98 80.24 93.20 119.63
PROFIT AFTER TAX 71.98 36.91 54.32 75.92 84.58
SHARE CAPITAL 93.65 93.69 93.91 94.44 94.43
RESERVES & SURPLUS 693.99 713.10 723.25 782.59 851.63
NETWORTH 787.64 806.79 817.16 877.02 946.06
NET ASSETS EMPLOYED 2004.69 2361.98 2436.53 3833.36 3615.30
INVESTMENTS – JV’S/A i t
171.95 164.04 170.71 202.48 197.68JV’S/Associates INVESTMENTS – Fertiliser Bonds
- - 143.15 1470.75 1470.75
The Revenue and Balance Sheet items have stated at the current Financial Year average rate of Rs. 47.42 per US$ and year-end rate of Rs. 45.14 per US$ respectively, to make the same comparablep $ p y, p
PROFIT BEFORE TAX (PBT) AND PROFIT AFTER TAX (PAT)
(USD Million)
200
240
PBT PAT
101.62 93 2119.63
120
160
52.9880.24
93.271.98
36.9154.32
84.5875.92
40
80
02005-06 2006-07 2007-08 2008-09 2009-10
TURNOVER AND NETWORTH
T N t th
(USD Million)
6945.02
Turnover Networth
3544.62
2096.78
787.
64
2178.43
806.
79
2564.91
817.
16
877.
02
946.
06
7
2005-06 2006-07 2007-08 2008-09 2009-10
HIGHLIGHTS OF 2009-10Production of Fertilisers 8.20 Million MT(Previous best 7.17 million MT in 2008-09)
Highest Sales of Urea & NPK/DAP 11.83 Million MT(Previous best 11.23 million MT in 2008-09)
Profit Before Tax USD 119.63 Million (Best USD 167.21 million in 2002-03)
Profit After Tax USD 84.58 Million (Best USD 115.44 million in 2002-03)
Sale Turnover USD 3544.62 Million (Best USD 6945.02 million in 2008-09)
CUMULATIVE ACHIEVEMENTS
FERTILISER PRODUCTION 119.10 Million MT(Till 31st March, 2010)
FERTILISER SALE 135.68 Million MT
TURNOVER USD 29891.82 Million
PROFIT BEFORE TAX USD 1571.91 Million
PROFIT AFTER TAX USD 1213.62 Million
CONTRIBUTION TO USD 1608.81 Million EXCHEQUER
GROWTH IN PRODUCTION CAPACITIES
(in Million MT)6
3 693 693 69
4.344.34
4
5 UreaNPK/DAP
2.34 2.49
3.21 3.22 4.243.693.693.69
3.693
4
0 4
0.89 0.89
1.622.19
2.421.97
1.61
2
0.40.88 0.88 0.88
0.420.42 0.420.880.88
0
1
75 75 81 81 88 96 97 97 99 01 02 04 05 08
Jan.'
75Apr.
'75Mar.
'81Sep
.'81
Jul.'8
8Dec
.'96
Aug.'9
7Dec
.'97
Aug.'9
9Apr.
'01Apr.
'02Apr.
'04Oct.
'05Dec
'08
