IG Petrochemicals Limited — PPTs, 14-11-2024: Investor Presentation

**Financial Highlights**: For Q2 FY25, total revenue reached ₹587 Cr, a 15.4% year-over-year increase, attributed primarily to steady demand for Phthalic Anhydride. EBITDA surged by 106.9% to ₹69 Cr, marking an improved margin of 11.7% versus 6.5% in Q2 FY24. Profit after tax escalated by 180.8% to ₹28 Cr, translating to an EPS of ₹9.19.

**Strategic Initiatives and Growth Drivers**: The company is advancing its growth strategy with the upcoming Plasticizer plant in Taloja, expected to be operational by Q3 FY26, with a projected investment of approximately ₹165 Cr. Additionally, a new Compressed Biogas (CBG) plant is under development in Karnataka.

**Business Developments**: The revenue contribution from non-Phthalic businesses, such as Diethyl Phthalate and Benzoic Acid, rose to ₹52 Cr in Q2. This diversification is part of a broader strategy to target a 30% revenue share from non-PAN products.

**Market Position and Competitive Advantage**: IG Petrochemicals maintains a dominant position as India’s leading manufacturer of Phthalic Anhydride, with over 50% market share domestically, leveraging a robust production infrastructure and strategic focus on efficiency and sustainability.

**Investor Implications**: The strong financial performance alongside strategic capacity expansions could signal positive growth potential for investors. The company’s commitment to diversifying its product offerings further positions it favorably in the evolving chemical market landscape.