PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation06-07-2022
06-07-2022
PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Closure of Trading Window
Closure of Trading Window30-06-2022
PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Compliances-Reg.24(A)-Annual Secretarial Compliance
In compliance with SEBI Circular No. CIR/CFD/CMD/27/2019 dated February 8, 2019, please find enclosed copy of Annual Secretarial Compliance Report dated 27.05.2022 issued by M/s A. Arora & Co., Practicing Company Secretary for the financial year 2021-22.27-05-2022
PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 23, 2022 for Sukhbir Singh Dahiya & Others23-05-2022
Q4FY22 Quarterly Result Announced for Punjab Alkalies & Chemicals Ltd.
Punjab Alkalies & Chemicals announced Q4FY22 results: Revenue from Operations of Rs. 1,611 million, growth of 113 % YoY from Rs. 756 million in Q4 FY21 EBITDA of Rs. 593 million, up 169% YoY from Rs. 221 million in Q4 FY21 Net Profit of Rs. 422 million, a nine-fold increase compared to Rs. 46 million in Q4 FY21 Net Debt of Rs. 356 million with Cash and Cash equivalent of Rs. 252 million as on 31st March 2022 Commenting on the results, Mr. Naveen Chopra, Managing Director, said: “I am pleased to report that the company has delivered an exceptional performance in Q4 FY22 and closed the year on a strong note. The quarter performance reflects the underlying strength of our business operations especially after completion of divestment by the Punjab State Industrial Development Corporation Ltd. The company has now become a non-government entity and our experienced senior management team is committed to implement the outlined strategic growth plan and deliver accelerated growth in the coming years. In Q4 FY22, PACL delivered consolidated Revenue from Operations of Rs. 1,611 million, an increase of 113 % YoY. The growth was supported by favourable and improving demand environment across end-user industries and improved price realizations due to increase in commodity prices globally. EBITDA for the period was Rs. 593 million, an increase of 169% YoY. Operating margins stood at 36.8% and are one of the highest in the industry. We believe that current operating profitability is sustainable in the near future. Net Profit was Rs. 422 million, a nine-fold increase compared to Rs. 46 million in Q4 FY21 with margins of 25.4%. During the quarter, we have expanded our manufacturing capacity from 300 TPD to 500 TPD which will help in increasing production volumes of caustic soda by ~ 40% and the consequent incremental revenue is expected from Q1 FY23 onwards. The growth momentum is anticipated to continue in the coming quarters driven by strong demand scenario and prices are expected to stabilize at current levels amidst the ongoing rising global energy price environment. In the year ahead, PACL will embark on a step-up phase of growth with several initiatives planned: A power plant with 35 mw capacity will be commissioned which will not only act as a captive energy source but also reduce the cost of production across our operations, once the coal prices and supply stabilizes PACL is commissioning a SBP (Stable Bleaching Powder) Plant which is expected to operationalize by Q2 FY23. We are also awaiting regulatory approvals for Aluminium Chloride project which should operationalize by Q3 FY23. These projects will consume chlorine as a key raw material thereby increasing the production of caustic soda and will drive company topline and profitability. The total cost of these projects is estimated at Rs. 100 crore PACL has applied for environmental clearance for a paracetamol API manufacturing project (where benzene and chlorine are the key raw materials). The manufacturing unit will be backward integrated through the consumption of PACL’s products such as chlorine, hydrochloric acid, hydrogen gas and caustic soda. This is a milestone project with investment commitment of Rs. 170 crore and will be funded through a combination of internal accruals and debt Looking ahead, we remain optimistic of maintaining our growth momentum as markets have started stabilizing. With a clear expansion plans and strategic direction, PACL is well positioned to deliver incremental profitable growth in the coming year and create wealth for all stakeholders.” Result PDF20-05-2022
PUNJAB ALKALIES & CHEMICALS LTD. - 506852 - Compliance Under Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulation, 2015.
In terms of Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015, please find enclosed the disclosure of Related Party Transactions for the half year ended 31st March, 2022.20-05-2022