Ice Make Refrigeration Ltd. · NSE:ICEMAKE
Ice Make Refrigeration — Investor Presentation (September 2019)
27 slides from Ice Make Refrigeration's investor presentation, September 2019
Slide 1: Ice Make Refrigeration Limited Investor Presentation
ICE MAKE REFRIGERATION LIMITED INVESTOR PRESENTATION Sep 2019
Slide 2: Index
INDEX 02 ICE MAKE REFRIGERATION LIMITED - AT A GLANCE 03 AMONGST INDIA’S LEADING MANUFACTURERS OF REFRIGERATION EQUIPMENT 04 DRIVEN BY STRONG VISION AND MISSION 05 ACCOMPLISHMENTS OVER THE YEARS… 06 BUSINESS VERTICALS 09 SUPPORTED BY STATE-OF-THE-ART MANUFACTURING FACILITIES… 10 DRIVEN BY COMPETITIV
Slide 3: Ice Make Refrigeration Limited - At a Glance
22 ICE MAKE REFRIGERATION LIMITED - AT A GLANCE 1993 Year of Inception ₹ 129.58 crores Revenues in 2018-19 27.44% 25+ Years YOY GROWTH Promoter’s Experience in the Cold Chain Industry ₹ 14.17 crores EBIDTA in 2018-19 10.94% 2 Manufacturing Facilities at Gujarat and Tamil Nadu ₹ 125.45 crores Market
Slide 4: Amongst India's Leading Manufacturers of Refrigeration Equipment
33 AMONGST INDIA’S LEADING MANUFACTURERS OF REFRIGERATION EQUIPMENT Engaged in the business of offering a comprehensive and highly customised suite of cooling products and accessories. Five Business verticals – Cold Room, Commercial Refrigeration, Industrial Refrigeration, Transport Refrigeration an
Slide 5: Driven by Strong Vision and Mission
44 DRIVEN BY STRONG VISION AND MISSION VISION MISSION Create Ice Make Brand as an Dedicatedly produce high quality Industry leader in providing end-to-end customized cooling customer centric cooling solutions for divers set of solutions, driven by values, customers across the industries performance,
Slide 6: Accomplishments Over the Years
55 ACCOMPLISHMENTS OVER THE YEARS… 1993 2009 2011 Established as a proprietorship Incorporated as a Private Limited Awarded Indian Leadership Award firm under the names of Ice Company which took over the for Industrial Development by All Make Refrigeration and Hi Make running business of M/s Ice Mak
Slide 7: Business Verticals: Cold Room and Commercial Refrigeration
66 BUSINESS VERTICALS Cold Room Commercial Refrigeration Year of commencement: 2002 Year of commencement: 1993 Edge: Capability to produce thickness of Edge: Faster cooling owing to direct 60 mm to 150 mm as per the customer expansion, durable tank made of AISI 304 needs, reduce the deterioration of
Slide 8: Business Verticals: Industrial and Transport Refrigeration
77 BUSINESS VERTICALS Industrial Refrigeration Transport Refrigeration Year of commencement: 2003 Year of commencement: 2012 Edge: Ice water intensively cools the Edge: Low weight, high strength with solid product without any risk and less insulator power load Product line: Refrigerated Container, P
Slide 9: Business Verticals: Ammonia Refrigeration
88 BUSINESS VERTICALS Ammonia Refrigeration Year of commencement: 2018 Edge: Cost efficient, consumes less power, higher turnover Storage: with temperature range of 10° C to - 22° C End users: Food and beverage, dairy, ice cream, brewery and pharma sectors 2.15% Contribution to standalone revenues i
Slide 10: Supported by State-of-the-Art Manufacturing Facilities
99 SUPPORTED BY STATE-OF-THE-ART MANUFACTURING FACILITIES… 3,42,000 sq.ft. Land areas at Dantali 28,500 sq.ft. Land areas at Chennai Plant 1: Gandhinagar, Gujarat, India Plant 2: Chennai, Tamil Nadu, India Vertical/Product Line Units Installed Capacity Square Product Line Units Installed Capacity Co
Slide 11: Driven by Competitive Supporting Strengths
1010 … DRIVEN BY COMPETITIVE SUPPORTING STRENGTHS Equipped with latest & advanced technology that leads to cost-efficiency and Head Office competitive pricing Manufacturing Plant I & II Consistent delivery of quality products to meet the standards of domestic and Branch Office Dealers & Associates i
Slide 12: Global Footprints
1111 … DRIVEN BY COMPETITIVE SUPPORTING STRENGTHS GLOBAL FOOTPRINTS U.S.A Tanzania Uganda Zambia Nepal Sierra Leone Bhutan U.A.E Japan Bahrain Kenya Congo Bangladesh Seychelles Algeria Maldives Nigeri Madagascar Libya Mauritius Sri Lanka Afghanistan Note: map not to scale
Slide 13: Catering to Marquee Clientele
1212 CATERING TO MARQUEE CLIENTELE Amul Coca Cola Hindustan Unilever Subway Kohler Indian Railway Himalayan Food Park Aditya Birla Vadilal Monginis Intas Kitchen Express Sudha KMSCL Chemicals Cambay Indian Red Cross Sikkim ISRO Arvind Future Retail HLL Lifecare Society Co-operative Milk Limited Prod
Slide 14: Promoters & Board of Directors
1313 PROMOTERS & BOARD OF DIRECTORS Mr. Chandrakant P. Patel Mr. Rajendra P. Patel Mr. Vipul I. Patel Chairman & Joint Managing Joint Managing Managing Director Director Director Age: 51 years Age: 48 years Age: 43 years Co-founder and Co-founder and Co-founder and Promoter Director Promoter Directo
Slide 15: Promoters & Board of Directors
1414 PROMOTERS & BOARD OF DIRECTORS Ms. Darsha R. Kikani Dr. Hasmukh B. Patel Mr. Harshadrai P. Pandya Independent Director Independent Director Independent Director Age: 61 years Age: 59 years Age: 67 years Company Secretary Chartered Accountant Engineer / Technical Holds professional qualification
Slide 16: Awards and Certifications
1515 AWARDS AND CERTIFICATIONS AWARDS CERTIFICATIONS Received recognition for the annual report 2017-18 at the League of American Professionals (LACP) 2017-18 Vision Awards, ranking 27th amongst the top 100 global reports and receiving ‘gold’ for excellence in investor communication DSIR Approved CE
Slide 17: Standalone Financial
1616 STANDALONE FINANCIAL Revenues EBIDTA (₹ lakhs) (₹ lakhs) 12,957.98 1,301.07 1,417.20 10,167.84 1,026.99 8,788.28 7,182.07 707.20 5,061.84 431.66 2014-15 2015-16 2016-17 2017-18 2018-19 2014-15 2015-16 2016-17 2017-18 2018-19 PAT EBIDTA Margin (₹ lakhs) (%) 12.80 783.44 11.69 10.94 663.32 9.85 8
Slide 18: Standalone Financial
1717 STANDALONE FINANCIAL PAT Margin ROCE (%) (%) 6.52 40.82 5.71 6.05 33.62 25.76 23.64 3.64 21.05 2.12 2014-15 2015-16 2016-17 2017-18 2018-19 2014-15 2015-16 2016-17 2017-18 2018-19 ROE Debt to Equity (%) (X) 32.18 0.75 24.71 0.56 13.49 14.87 15.53 0.36 0.002 0.001 2014-15 2015-16 2016-17 2017-18
Slide 19: Standalone Financial Figures
1818 STANDALONE FINANCIAL FIGURES (₹ lakhs) Particulars 2018-19 2017-18 2016-17 2015-16 2014-15 Total Revenue 12,957.98 10,167.84 8,788.28 7,182.07 5,061.84 EBITDA 1,417.20 1,301.07 1,026.99 707.20 431.66 EBIDTA Margin (%) 10.94 12.80 11.69 9.85 8.53 PAT 783.44 663.32 501.79 261.24 107.37 PAT Margin
Slide 20: Consolidated Financials Figures
1919 CONSOLIDATED FINANCIALS FIGURES (₹ lakhs) Particulars 2018-19 2017-18 Total Revenue 13,200.70 10,326.24 EBITDA 1417.54 1,319.63 EBIDTA Margin (%) 10.74% 12.78% EBIT 1,167.96 1,153.65 PAT 748.02 663.46 PAT Margin (%) 5.67% 6.43% Net Worth 5,007.12 4,459.56 Long Term Debt 127.42 232.40 Cash and C
Slide 21: Industry Overview
2020 INDUSTRY OVERVIEW Refrigeration products can be broadly classified into five categories Key commodities stored in organized multipurpose cold storages Dairy 10-20% 15-20% Products Agro 3-5% Products Cold Rooms and Commercial Industrial Transport Ammonia Storage Products Refrigeration Refrigerat
Slide 22: Industry Overview
2121 INDUSTRY OVERVIEW Temperature Controlled Warehouses (TCW) Temperature Controlled Vehicles (TCV) TCW play an important role in conserving the quality of the product TCV are equipped with active refrigeration for temperature controlled and decreasing the post-harvest losses carriage of perishable
Slide 23: Opportunities and Priorities
2222 OPPORTUNITIES AND PRIORITIES Growth in Shift Towards Key Strategic Priorities Organized Food Fruits and Retail Vegetables Industry Increase the output and reduce the cost Growth Drivers Growth in the Increasing Processed Food Demand from Sector the Healthcare Improve efficiency and Sector quali
Slide 24: House Holds
2323 House holds 219M 293M 386M High High High 1M (1%) 8M (3%) 29M (7%) High Income & Upper Upper Upper Upper Middle Income Mid Mid Mid Segment 16M (7%) 61M (21%) 168M (44%) 1 in 4 households today Lower Lower Lower 1 in 2 households by 2030 Mid Mid Mid ~70M fewer low income 51M (23%) 97M (33%) 132M
Slide 25: Opportunities in Agriculture Sector
2424 Rise in production of horticulture Opportunities in Agriculture Sector product Production Surplus lost due to lack of ‘in-range’ demand (million tonnes) Shortfall in supply due to lack of delivery system Increasing awareness of agri-logistics to delivery 315 across regions 312 2017-18 2018-19 (
Slide 26: Safe Harbour
2525 SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ice Make Refrigeration Limited. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 27: Thank You
THANK YOU 2626 ICE MAKE REFRIGERATION LIMITED PLANT AND CORPORATE OFFICE 226, Dantali Industrial Estate, On Gota-Vadasar Road, Near Ahmedabad City, At: Dantali, Ta: Kalol, Dist.: Gandhinagar - 382721, Gujarat State, India CIN: L29220GJ2009PLC056482 Website: www.icemakeindia.com Phone: +91-9879107881
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