Commercial Syn Bags Limited · NSE:COMSYN
Commercial Syn Bags — Investor Presentation (March 2022)
37 slides from Commercial Syn Bags's investor presentation, Mar 7, 2022
Slide 1: BSE corrigendum letter for Investor Presentation March 2022
COMSYN Manufacturer & Exporter of FIBC, PP Fabric, Woven Sacks & Tarpaulin COMSYN/BSE/2021-22 Date: 07 March 2022 Online Filing at: listing. bseindia.com To, The General Manager, DCS-CRD BSE Limited PhirozeJeejeebhoy Towers, Dalal Street Mumbai- 400001(MH) BSE Scrip ID: COMSYN _ BSE Scrip Code: 5399
Slide 2: Investor Presentation – March 2022
COMMERCIAL SYN BAGS LIMITED Investor Presentation – March 2022
Slide 3: Executive Summary, Company, Business, Industry, Strategic, Financial Overview
01 Executive Summary 02 Company Overview 03 Business Overview 04 Industry Overview 05 Strategic Overview 06 ₹ Financial Overview 2
Slide 4: Executive Summary
EXECUTIVE SUMMARY Company Overview Revenue Mix Manufacturing Financial Highlights and Distribution Network (FY21) • Commercial Syn Bags Limited • FIBC (Flexible Intermediate Bulk • The company’s manufacturing units (COMSYN), one of the oldest players Container) constitutes more than are located at P
Slide 5: Company Overview
COMPANY OVERVIEW
Slide 6: Company Overview
COMPANY OVERVIEW 1. Commercial Syn Bags Limited (COMSYN), incorporated in 1984 in Indore, Madhya Pradesh has over three decades of experience in the packaging industry and has a presence in over 25 Revenue (INR Mn), EBITDA Margin (%) countries worldwide. 2. The Company is into manufacturing of Flexi
Slide 7: Key Milestones
KEY MILESTONES 1984 1986 1993 2002 2008 2011 • Incorporation of the • Commencement of • Conversion of the company • Received ISO 9001:2008 • AIFTMA Award for Export • Set up UNIT II company commercial production from Private Limited to a certification excellence 2006-2007 in • AIFTMA Export Promotio
Slide 8: Management
MANAGEMENT Mr. Anil Choudhary - Chairman & Managing Director, Promoter Mr. Virendra Singh Pamecha - Whole Time Director • Post Graduate in Economics, Graduate in Science and Diploma in Marketing Management • WTD since March 26, 2016 and acts as an occupier of the company‘s factories and is from the
Slide 9: Awards & Accolades
AWARDS & ACCOLADES AIFTMA Award for AIFTMA Award for Export Excellence for Export Excellence for Recognized by winner in medium winner in medium One of the Top Government of India scale jumbo bags scale jumbo bags Performers in BSE as Two Star Export category for the year category for the year SME S
Slide 10: Industries Catered
INDUSTRIES CATERED Chemical Industry Agriculture Industry Construction Industry Food Industry Pharma Industry Waste Management 9
Slide 11: Global Footprint
GLOBAL FOOTPRINT INDORE, MP Unit I – Indore, MP Unit II – Indore, MP Unit III – Indore, MP SEZ Unit – Indore, MP 10
Slide 12: Manufacturing Facilities
MANUFACTURING FACILITIES The plants are well facilitated with modern machineries and technologies to get a higher output and better quality of finished products. Unit I – Indore, MP Unit II – Indore, MP SEZ Unit – Indore, MP Established immediately after Started in the year 2011, the Started in the
Slide 13: Key Strengths
KEY STRENGHTS Product Diversification Quality Testing, Export Compliant • The product portfolio comprises of about 15 different products like Flexible Intermediate • The company focuses on quality and Bulk Container Bags (FIBC) which are also called customer satisfaction to maintain long term as Jum
Slide 14: Business Overview
BUSINESS OVERVIEW
Slide 15: Products Overview
PRODUCTS OVERVIEW • COMSYN has about 15 packaging products like Flexible Intermediate Bulk Container Bags (FIBC) which are also called as Jumbo Bags, HDPE/PP Tarpaulin, Asbestos Bags, Container Bags, Garden Bags, Box Bags, HDPE/PP Bags, BOPP Bags, Ground Covers, Pond Liners, Mulch Film, Spiral Tubin
Slide 16: Process Flow Chart
COMSYN FABRIC Looms 10 Tepe Plant LohiaLorex ‘Shute 8 shuttle 7Gshutle LAMINATION PRINTING curone 1.4P2, Remecs upto 4 efor automatic » » Load Test Raw Material = I | ty ae Metal Detector Liner Blown Film Plant Y Form it & sealing
Slide 17: Quality Testing
QUALITY TESTING Online Inspection Stage INSPECT TRACEBIL Tensile Testing Experienced quality ON ITY teams supervise the Test of strength and elongation of tape, fabric, webbing production line and have and sewing yarn the authority to stop ON JOB TRAININ TESTING production and report G UV Testing th
Slide 18: FIBC (Flexible Intermediates Bulk Containers)
FIBC (Flexible Intermediates Bulk Containers) • FIBC bag is a customized product. Advantages Types of Loops • FIBC bags are formed through the processing • Convenient material handling solution and of the PP granules (thermoplastic polymer). reduces labour dependency The bag can also be laminated an
Slide 19: Tarpaulin
TARPAULIN • COMSYN has the capability to manufacture tarpaulins and plastic sheeting of the highest standards that can meet or exceed the specifications established by the International Technical Committee (ITC), a consortium made up of members from the UNHCR, UNICEF, ICRC, IFRC, OXFAM, MSF and othe
Slide 20: Bags
BAGS Application Advantages Handling and disposing of asbestos is a • As a lining for other • It is heat resistant ASBESTOS precarious process due to its deadly products • Provides insulation BAG consequences. Fibrous asbestos waste is • As a general building board • Useful for partitioning encapsul
Slide 21: Bags / Sacks
BAGS / SACKS Application Advantages BOPP laminated PP woven bags • Packaging of pet food, sugar, • Water resistant features high quality graphics and grains, seeds, minerals, salt • High tensile strength is ideally suited to the retail and chemicals • Available in various dimensions, market. The BOP
Slide 22: Covers / Liners / Films
COVERS/ LINERS/ FILMS Application Advantages Ground Cover (weed barrier, • Agriculture • Endure extended periods of GROUND conservation fabric or weed • Horticulture sunlight block) is an engineered black • Floriculture • Resist insect and wildlife damage COVERS woven polypropylene geotextile • Cons
Slide 23: Spiral Tubing, Fabric, Laminates
SPRIRAL TUBING, FABRIC, LAMINATES Application Advantages SPIRAL TUBING It is used in packaging of: • Durability Spiral tubing is just like a roll cover that is used to cover any kind • Rolled carpets and rugs • Size Flexibility – 30 of roll. It has its mouth open which can be closed after inputting
Slide 24: Vermibed, Non Woven Fabric, Flexible Pipes
VERMIBED, NON WOVEN FABRIC, FLEXIBLE PIPES Application Advantages HDPE VERMIBED • Economic way to • Eco-friendly The company produces 100% heat sealed Vermibeds which are convert all bio- • Easy to use degradable waste into Technology 4 easy to install with ready-made structural unit and tested at e
Slide 25: Industry Overview
COMSYN INDUSTRY | OVERVIEW,
Slide 26: Plastic Packaging Industry Overview
PLASTIC PACKAGING INDUSTRY OVERVIEW Global Plastic Industry • The global plastic packaging market size was valued at USD 348.08 billion in 2020 and is expected to grow at a compound Item wise composition of annual growth rate (CAGR) of 4.2% from 2021 to 2028. Indian Exports (%) • Sales of packaging
Slide 27: FIBC
FIBC 1. The global flexible intermediate bulk container (FIBC) market size is projected to grow to End User 813.5 million units by 2021. 2. Growing steadily and taking significant strides since early 2000, the Indian FIBC industry has CAGR 2016-2021 demonstrated its excellence to become one of the l
Slide 28: Key Growth Drivers in Future: FIBC Segment
KEY GROWTH DRIVERS IN FUTURE: FIBC SEGMENT Inherent advantages of FIBC include: • Lower labour and packaging cost Low usage of FIBC in bulk • Space management packaging in domestic market • Product durability • Easy discharge resulting in significant savings in packaging cost of the product • Lightw
Slide 29: Strategic Overview
COMSYN OVERVIEW ie, 2
Slide 30: Future Expansion Vision
FUTURE EXPANSION VISION Continuous research and development helps its understanding and enables effective response to market and customer needs. Technology upgradation and cost optimization are continuous processes followed by the company and are of key importance to ensure a continuous improvement
Slide 31: Financial Overview
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Slide 32: Historical Consolidated Income Statement
HISTORICAL CONSOLIDATED INCOME STATEMENT PARTICULARS (INR Mn) FY19 FY20 FY21 9M-FY22 Operational Revenue 2,067 1,910 2,137 2,246 Total Expenses 1,810 1,672 1,890 2,006 EBITDA 257 238 247 240 EBITDA Margins (%) 12.43% 12.46% 11.56% 10.69% Other Income 11 19 13 13 Depreciation 62 70 76 69 Finance Cost
Slide 33: Historical Consolidated Balance Sheet
HISTORICAL CONSOLIDATED BALANCE SHEET PARTICULARS (INR Mn) FY20 FY21 H1-FY22 PARTICULARS (INR Mn) FY20 FY21 H1-FY22 EQUITY & LIABILITIES ASSETS Equity 689 787 851 Non-current Assets 780 945 1,014 (A) Share Capital 118 118 118 (A) Property, Plant & Equipment 580 871 846 (B) Reserves & Surplus 571 669
Slide 34: Financial Performance in Charts
FINANCIAL PERFORMANCE IN CHARTS REVENUE (INR MN) & EBITDA MARGIN (%) PAT (INR MN) & PAT MARGIN (%) DEBT TO EQUITY (x) 2500 12.43% 12.46% 14.00% 5.47% 5.97% 1.2 11.56% 10.69% 140 5.62% 7.00% 12.00% 120 5.43% 6.00% 1.0 2000 9.32% 2,137 2,067 10.00% 100 3.84% 5.00% 0.8 1500 1,910 1,610 2,246 8.00% 80 4
Slide 35: Capital Market Information
CAPITAL MARKET INFORMATION Share Price Data as on 31st December, 2021 350% 300% 250% 200% 150% 100% 50% 0% -50% Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Comsyn Sensex Price Data as on 31st December, 2021 INR Share Holding Pattern as on 31st December 2021 Fa
Slide 36: Disclaimer
DISCLAIMER No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 37: Thank You
THANK YOU
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