#Deepaknitrite Q3 2022 Concall Highlights 🧪🧪

Operational Highlights

1. The revenue for the quarter was ₹1748 cr it was up 41% YoY as against ₹1240 Cr in same quarter previous year
2. EBITDA margins stood at 22% translation to EBITDA of ₹378 Cr
Continued robust revenue momentum was fuelled by solid growth trajectory in Phenolics
3. In Q3 FY22, the company has achieved highest ever top line in a quarter, both on standalone and consolidated basis

4. Business segments are interwoven, this means that if prices of
BI increases, you may see a simultaneous dip in FSC segment, as internal product transfers take place at market prices. This year has been very strong for BI segment.

5. In FSC segment, as most are long term contracts, there is some lag in passing the input costs
6. In 9MFY22 volumes grew by 10% partially because of brownfield expansion

7. Evaluating opportunities to develop expertise in levels of fluorination and photochlorination.
8. China is the largest manufacturer of certain commodities but most of it is captively consumed, so it doesn't really impact much to the domestic capacities

9. Phenol and acetone will remain strong in further quarters
10. Last year was covid period, thus it is essential to understand that YoY volume growth is with the base of covid year and thus seems to be higher

11. Captive consumption of phenol is around 20-25% and expected to rise upto 40-45%, post expansion
12. Having dominant wallet share and market position in operating geographies with most of the products having 75-80% market share

13. Rise in crude price have impacted the propylene prices

14. Revoke of anti dumping duty does not affect the business
Fine & Specialty
1. Fine & Speciality Chemicals revenue stood at ₹206.66 cr down by 2% YoY
2. The performance of the FSC segment must be seen in light of significant challenges linked to logistics.
3. In addition to this, the Company witnessed elevated raw material costs from BC segment

Performance Products
1. Performance product segment stands to benefit from demand supply asymmetries
2. Performance Products Revenue was ₹169.88 cr up by 88% YoY

3. Momentum in DASDA demand is seen, resulting in higher realisation and OBA was also able to pass on this increase in DASDA costs
Phenolics

1. Phenolics revenue stood at ₹1,033.11 cr up by 38.3% YoY

2. Capacity utilisation was 117%

3. Company plans to bring in downstream products of phenol in FY 22-23
Capex

Brownfield expansion of IPA was commissioned on 19th December 2021. This has doubled the IPA capacity to 60,000 MTPA

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Feb 13
#CDSL Q3 2022 ConCall Highlights

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Numbers Update-

1. Demat accounts across both the depositories stands at 8.4cr,

2. CDSL has 70% of the share at 5.8 cr accounts.
3. The revenue for the Q3 was 151 cr up by more than 50% YoY

4. Number of Demat AC opened as of Dec 21 is more than 29 Lakhs.

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Feb 13
#LatentViewAnalytics Q3 2022 Concall Highlights

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Numbers Update-

1. The revenue for Q3 was 107 cr up by 13.7% QoQ an 37.7% YoY

2. EBITDA stood at 32.2 cr for Q3 and EBITDA margins stood at 29.9%, giving the industry highest margins.
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4. Technology sector contributes around 67% of revenues

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Business Updates-

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Feb 13
#ExpleoSolutions Q3 concall highlights

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Numbers Update -

1. The revenue for the quarter was 120 cr up by 9% QoQ

2. EBITDA stood at Rs 187 million vs Rs 137 million in Q3FY21, up by 36.6%
3. PAT was at Rs 116 million vs Rs 125 million in Q3FY21
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The 9M PAT was up by 12.3%

4. Net cash position stood at 163 cr
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2. Attrition remains the challenge
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Feb 13
#DivisLaboratories Q3 FY22 concall highlights 💊💊

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1. Revenues for the quarter stood at ₹2510 Cr (46% growth YoY).

2. PBT for the quarter stood at ₹1034 Cr (61% growth YoY).
3. Exports contributed to 92% of revenues for the quarter. Europe and the US contributed to 79% of revenues .

4. Generics contributed to 40% and Custom Synthesis contributed to 60% of revenues for the quarter. Nutraceutical business contributed ₹166 Cr for the quarter.
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Feb 13
#ErisLifesciences Q3 FY22 concall highlights 💊💊

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1. Revenues for the quarter stood at ₹332 Cr (7% growth YoY).
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3. The Guwahati facility contributed to 80% of the revenues for the quarter. Operating cash flow to EBITDA stood at 73% for the 9 months.
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Feb 13
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2. Gross margins decline by 840 bps YoY.
3. Gross margin compression is due to product mix and they had inventory of increased RM prices which were adjusted to the lower realizations they received.
4. They are seeing an uptick in opportunities in the regulated markets and are expecting to see a sequential recovery from here. They believe that some of the products that they let go due to increased competition is playing in their favor.
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