Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — Merger or Acquisition (2016)
22 slides from Asian Granito India's merger presentation, 2016
Slide 1: Amalgamation with Artistique Ceramics Pvt. Ltd.
Asian Granito India Ltd Amalgamation with Artistique Ceramics Pvt. Ltd. Safe harbor statement Neither the information nor any opinion expressed in this presentation constitutes an offer, or invitation to make an offer, or to buy any security issued by the company. This presentation contains predicti
Slide 2: Presentation Outline
Presentation Outline • Asian Granito India Limited (AGL) profile • Company Structure • Management Profile • Business segments • Financials • Artistique Ceramics Private Limited (ACL) profile • Merger Structure • Merger Rationale • Post Amalgamation Capital Structure • Road Ahead
Slide 3: Asian Granito India Ltd - profile
Asian Granito India Ltd - profile Asian Granito is focused on Established in 2000, Asian Granito India Ltd (AGL) is one Premiumisation. of the top four Indian ceramic companies Product Innovation. Technogical Advancement. Headquartered in Gujarat, it has 8 manufacturing facilities Contract Manuf
Slide 4: Journey and Milestone
Journey and Milestone 1000.00 8% Turnover in Rs. crore 907.00 6% 900.00 13% 840.00 796.00 800.00 30% 700.00 703.00 26% 600.00 T U R 541.98 22% N 500.00 O V E 46% 431.30 400.00 R 353.28 27% 300.00 35% 241.34 79% 190.10 200.00 323% 140.65 100.00 78.62 28% 236% 392% 0.88 4.33 5.53 18.60 0.00 2000- 2001
Slide 5: Existing company structure
Existing company structure AGL Panaria Pvt 50% Ltd Associates/JV 36.46 Astron Paper & Asian Granito % Board Mill Ltd India Limited 100 AGL Industries Subsidiary % Ltd
Slide 6: Management profile
Management profile • Has 18+ yrs of experience in the Tile industry • In 1994, promoted Kediya Industries • In 1999, he promoted Asian Tiles Ltd • Director of ICCTAS [Tiles Association] • Holds BBA degree from Sardar Patel University Mr. Kamlesh Patel - Chairman • An astute marketing mind, passionat
Slide 7: Management profile
Management profile • Has 20+ yrs of experience in the Tile industry. • In 1994, promoted Kediya Cera Tiles • In 1999, he promoted Asian Tiles Ltd. • Giving ‘Innovative Technology Edge’ • Have uncompromising Attitude towards Quality Mr. Mukesh Patel – Managing Director • Constantly seeking to create
Slide 8: Business Segments
C r e e P i s Business Segments r r f P a i i M m r c a i e i e r c d c b e R l t t a Sales Mix R e i i n FY15 Institutional – 65% Retail - l a g l n 35% & e e e s g : s e 84.30% Q P P u r r : R a i i s r c R . c e s t e z . 7 P R 0 R 5 r a a i n n 0 – c g g e - e e R : s 11.99% 3.71% : R . R a R s
Slide 9: Manufacturing Capacity
Manufacturing Capacity Production capacity ( per sq. mtr. / per annum ) Particulars Sq. Mtr. VITRIFIED 58,40,000 WALL 80,30,000 MARBLE 9,12,500 CERAMIC 23,72,500 Total Production Capacity 1,71,55,000
Slide 10: AGL Financials (over last three years)
AGL Financials (over last three years) Rs. In Year 2013 2014 Crore 2015 Audited Audited Audited Net Sales 709.84 759.13 823.23 Cash Accruals 38.80 44.09 39.04 PBT 25.38 22.49 20.02 PAT 17.11 14.14 14.47 Share Capital 22.16 22.58 22.58 Reserve 239.91 257.76 271.81 Total Net Worth 261.90 280.34 294.40
Slide 11: Amalgamation of AGL & ACL
Amalgamation of AGL & ACL Pooling of Interest Method of accounting Artistiqu 99.99% Kediya e Partnership Ceramic Ceramic s Pvt Ltd 70% 94.20% Crystal Amazon Ceramics Ceramic Industries s Pvt Ltd Limited
Slide 12: About Artistique Ceramics Pvt. Ltd. (ACPL)
About Artistique Ceramics Pvt. Ltd. (ACPL) Artistique Ceramics Pvt. Ltd. (ACPL) is engaged in the business of manufacturing ceramic wall tiles. The company was incorporated in May 2004 and having its manufacturing facility located in kheda, Gujarat and manufacturing wall tiles of sizes 10”x16, 8”x12
Slide 13: ACPL - Manufacturing Capacity
ACPL - Manufacturing Capacity Production capacity (per sq. mtr. / per annum) Particulars Sq. Mtr. Wall – Unit – 1 16,50,000 Wall – Unit – 2 16,50,000 Total Production Capacity 33,00,000
Slide 14: ACPL Financials (FY15)
ACPL Financials (FY15) Rs. In Crore Particulars 2015 Net Sales 29.40 Cash Accruals 3.32 PBT 2.60 PAT 3.25 Share Capital 3.15 Reserve 8.65 Total Net Worth 11.80
Slide 15: Crystal - Manufacturing Capacity
Crystal - Manufacturing Capacity Production capacity (per sq. mtr. / per annum) Particulars Sq. Mtr. Soluble Soft 33,00,000 GVT 16,50,000 Double Charge (New Project ) 42,90,000 Total Production Capacity 92,40,000 Crystal is getting Natural Gas from ONGC Supply at very cheaper rate which is helping c
Slide 16: Crystal Financials (FY15)
Crystal Financials (FY15) Rs. In Crore Particulars 2015 Net Sales 106.24 Cash Accruals 6.82 PBT 3.86 PAT 3.07 Share Capital 10.23 Reserve 43.38 Total Net Worth 53.61
Slide 17: Amazon - Manufacturing Capacity
Amazon - Manufacturing Capacity Production capacity (per sq. mtr. / per annum) Particulars Sq. Mtr. Porcelain tile 16,50,000 Total Production Capacity 16,50,000
Slide 18: Amazon Financials (FY15)
Amazon Financials (FY15) Rs. In Crore Particulars 2015 Net Sales 43.35 Cash Accruals 2.59 PBT 1.71 PAT 1.00 Share Capital 21.63 Total Net Worth 10.58
Slide 19: Synergies & benefits
Synergies & benefits Optimum use of resources of ACPL, Amazon & Crystal Synergy in operations Organized scale of operations in one roof of AGIL Corporate under wide network at PAN India Level. Increased Net Worth of Asian Granito India limited Effective and fast mobilization of financial r
Slide 20: Post merger capital structure
Post merger capital structure Particulars No. of Share Exiting Share Capital of AGL 2,25,82,541 ADD: New Share Allocation to ACPL Share Holder 75,04,905 Post Merger Paid Up Capital 3,00,87,446
Slide 21: Road Ahead
Road Ahead Completion of amalgamation expected by between March-16 to June-16, subject to necessary statutory, regulatory & lenders approvals Maintain robust capital structure and financial flexibility
Slide 22: Thank You
Thank You