Ganesh Benzoplast Limited · NSE:GANESHBE
Ganesh Benzoplast — Investor Presentation (November 2022)
34 slides from Ganesh Benzoplast's investor presentation, Nov 7, 2022
Slide 1: Stock exchange cover letter for investor presentation
Date: November 07, 2022 To The General Manager, The Manager, Department of Corporate Services – Listing Department Corporate Relations Department, National Stock Exchange of India BSE Limited, Limited Pheeroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C/1, G-Block, B
Slide 2: Ganesh Benzoplast Limited Investor Presentation November 2022
Ganesh Benzoplast Limited Investor Presentation | November 2022
Slide 3: A Leading End-to-End Solutions Provider In Liquid Logistics
A Leading End-to-End Solutions Provider In Liquid Logistics … • Leading independent Tank Storage Provider CONSO CONSO Liquid Storage Tanks (LST) • Total Installed Capacity of 3,09,000 KL (H1FY23) (FY 22) • Presence at JNPT | Cochin | Goa Liquid Logistics • Rich Experience in Tank Fabrication & Pipel
Slide 4: Ganesh BenzoPlast Limited – Company Overlook
Ganesh BenzoPlast Limited – Company Overlook Ganesh Benzoplast Limited Infrastructure GBL Infra Engg GBL Clean Energy GBL Chemical Logistic Systems GBL LPG PVT LTD Services Private Private Limited Limited (WOS) Limited (Formerly (WOS) Limited -EPC (WOS) Stolt Rail Logistic (WOS) (86.52%) Consolidate
Slide 5: A Journey Of Almost Three Decades in LST
... With A Journey Of Almost Three Decades in LST GBL ventures into Diversified to LST Ethanol & Extra neutral business with Liquid Alcohol manufacturing storage tank facility Allotted Additional In Nashik, with Golden initially at JNPT and Land For 25 Years At Agri International Ent. then at Cochin
Slide 6: Strong Management Team To Lead the Company - Promoters
Strong Management Team To Lead the Company - Promoters Image Image Image Required Required Required Ramesh Pilani Rishi Pilani Ramakant Pilani Founder & CFO Chairman & MD CEO o B-Tech in Chemical o Chemical Engineer, Masters o Commerce graduate ~ 40 Engineering ~47 years of in Industrial Engineering
Slide 7: Strong Management Team To Lead the Company - Directors
Strong Management Team To Lead the Company - Directors Image Image Required Required NN Kumar Ramesh Punjabi John Joseph Independent Director Director Independent Director o Associated with the o Associated with the o Appointed as new company since 2020 as an company since inception Independent Dire
Slide 8: Liquid Storage Tanks (LST) Division
Liquid Storage Tanks (LST) Division 7
Slide 9: Leading LST Player With Diversified Liquid Handling Capabilities
Leading LST Player With Diversified Liquid Handling Capabilities … LST division provides storage tanks which are leased on rent for storing liquid chemicals, acids, phenol, oil products & edible oils LST DIVISION REVENUE (CONS.) (INR Mn) Liquid bulk storage capacity of 3,09,000 KL spread across thre
Slide 10: Coupled with a Wide Range Of Services At The Terminal
… Coupled with a Wide Range Of Services At The Terminal Storage Bunkering Barging Blending Drum Filling Providing liquid storage tanks, Fuel supply bunkering services A complimentary business Blending of products (Air ~100 containers monthly of handling & loading service of while maintaining product
Slide 11: Established Presence at Major Sea Ports
Established Presence at Major Sea Ports JNPT COCHIN GOA Year of Establishment 1996 1999 2000 Tank Capacity 500 KL-14,000KL 750 KL – 5,000 KL 750 KL-14,000KL Certified Terminals ISO 9001:2015 ISO 9001:2015 ISO 9001:2015 Number of Tanks 64 12 4 Capacity 240000 KL 43000 KL 26000 KL Infrastructure at te
Slide 12: JNPT Terminal: A Stable Cashflow Generating Asset
JNPT Terminal : A Stable Cashflow Generating Asset … Rental Revenue (INR Mn) Total Capacity 1136 240,000 KL - operating at > 100% occupancy (FY22) 1,016 978 848 775 Diversified Products Handled Class A, B, and C products (MEG, CSFO/CPO (Oil), Edible FY18 FY19 FY20 FY21 FY22 Oil, RBD Palmolien, Aceti
Slide 13: Driven By Unique Value Proposition
… Driven By Unique Value Proposition JNPT – One of the Major ports POL Traffic at major Ports Storage tanks located at JNPT port leads POL traffic share has been increasing; to higher premium compared to other contributed 37.5% of total traffic in FY20 upcoming ports. compared to 33.4% of total traf
Slide 14: JNPT Terminal: Growth Potential
JNPT Terminal : Growth Potential Enhancing Tank Ability to Increase the height of existing Tanks for higher capacity leading to higher throughput Capacity Specialized Cargo Upgrading normal tanks to specialized cargo tanks also providing heating and chilling facility for the cargo at port Tanks lead
Slide 15: Other Terminals – Cochin and Goa
Other Terminals – Cochin and Goa Cochin Terminal Goa Terminal • Operating 43,000 KL at 95% occupancy • Operating 26,000 KL at ~ 40% occupancy (impacted by the mining ban in Goa • Handling Class A, B, and C products (MEG, CSFO/CPO (Oil), Edible Oil, RBD Palmolien, Acetic Acid/Acetone, Vam & Styrene M
Slide 16: Growth Roadmap for Cochin and Goa Terminals
Growth Roadmap for Cochin and Goa Terminals Strong Growth in Throughput to Drive Growth Future Growth Strategy 393 • To achieve maximum rental yield from 297 existing capacity 233 Cochin Terminal 164 123 FY18 FY19 FY20 FY21 FY 22 Throughput (000'MT) Currently Under Utilized Huge Opportunity Ahead Fu
Slide 17: Long standing relationships with Marquee Clients
Long standing relationships with Marquee Clients 16
Slide 18: GBL welcomes its new clients
GBL welcomes it’s new clients C J Shah & Co. 17
Slide 19: Ongoing Construction Work at Newly allotted Land at JNPT
… Ongoing Construction Work at Newly allotted Land at JNPT 18
Slide 20: Foray into Railway Logistics – Deepening Service Offerings
Foray into Railway Logistics – Deepening Service Offerings … Clients Materials Storage & Handling Facility Railway Transportation arrival on Port LST provided by GBL at customers facilities GBL acquired 86.5% in (FY20) Infrastructure Logistic Systems Ltd. (Formerly Stolt Rail Logistic Systems (SRLS)
Slide 21: Leading to Strong Growth Potential
… Leading to Strong Growth Potential • ILSL owns tank containers and leases rakes and tanks at various ports and inland locations Widening footprints into Rail Logistics • Enable GBL to provide additional service in their LST portfolio of services • ILSL – Into existence in the business over decade
Slide 22: EPC Service Offerings makes GBL an end-to-end Player
EPC Service Offerings makes GBL and end-to-end Player Diversified arm specialized in Rich experience in Tank Fabrication Design & EPCC activities of the & Pipeline Installation and provides Project End to End solution Experience in handling chemicals Dedicated teams for Design & like Caustic soda, H
Slide 23: EPC Business Growth Potential
EPC Business Growth Potential • Enables GBL to exercise its high technical capabilities in erecting storage tank terminals, with pipelines, that allow quick and efficient access to ports. Benefits of being a • Swift delivery gathers higher confidence from global clients such as RPG group, other part
Slide 24: Chemical Division
Chemical Division 23
Slide 25: Chemical Division
Chemical Division… Product Portfolio Renowned Manufacturer & exporter of specialty chemicals, food preservatives & lubricant additives in industry; enjoys virtual monopoly of pure Benzoic Acid & it’s derivatives in India Specialty Chemicals : Methyl Benzoate, Ethyl Benzoate etc Food Preservatives :
Slide 26: Initiated Process for Unlocking Value of the LST Business
… Initiated Process for Unlocking Value of the LST Business Continuous Losses in Chemical Business Challenges in Chemical Business Capital Intensive Upgradation at manufacturing plants Low Capacity Utilization High working Capital requirement Major Capex required to enhance the facilities Capacity u
Slide 27: Financial Performance
Financial Performance 26
Slide 28: Historical Financial Highlights (Consolidated)
Historical Financial Highlights-(Consolidated) INR Mn FY17 FY18# FY19* FY20 FY21** FY 22 H1FY 23 Income from Operations 1,181 1,692 2,116 2,467 2,704 3,575 1,878 Other Income 35 13 9 3 15 31 47 Net Income 1,216 1,705 2,126 2,470 2,719 3,606 1,925 Raw Material 339 632 878 937 746 1,426 773 Employee C
Slide 29: Quarterly Financial Highlights (Consolidated)
Quarterly Financial Highlights(Consolidated) INR Mn Q1 FY 23 Q2 FY 23 H1FY 23 YoY% QoQ% Q2 FY 22 H1FY 22 Income from Operations 920 958 1878 17.3% 4.2% 817 1601 Other Income 14 32 47 287.4% 122.8% 8 12 Net Income 934 990 1925 30% 6.00% 825 1613 Raw Material 350 423 773 34.5% 21.1% 318 612 Employee C
Slide 30: LST Division Historical Financial Highlights (Standalone)
LST Division Historical Financial Highlights-(Standalone) INR Mn FY18 FY19 FY20 FY21 FY 22 H1 FY-23 Total Rental Income 792 903 1,018 1,047 1,214 651 from All Terminals Other operating 56 128 210 446 254 56 /Trading Income Total Revenue 848 1,031 1,228 1,493 1,468 707 EBITDA 530 571 635 809 644 337
Slide 31: Historical Balance Sheet (Consolidated)
Historical Balance Sheet-(Consolidated) INR Mn Mar-18 Mar-19 Mar-20 Mar-21 Mar - 22 H1 FY 23 INR Mn Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 H1FY 23 Shareholder’s Non-Current Assets 1704 1834 1840 2596 2825 3375 807 1120 1455 2368 2849 3108 Funds Share Capital 57 57 57 62 62 62 Other Equity 750 1063 1398
Slide 32: Consistently deleveraging the Balance Sheet
Consistently deleveraging the Balance Sheet- (Consolidated) Gross Debt (INR Mn) Debt to Equity (x) 861 1.1 661 618 592 0.6 0.42 220 0.25 0.07 Mar'18 Mar'19 Mar'20 Mar'21 Mar'22 Mar'18 Mar'19 Mar'20 Mar'21 Mar'22 Free Cash Flow Generation* (INR Mn) 330.6 271 201.4 163.73 137.6 Mar'18 Mar'19 Mar'20 Ma
Slide 33: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ganesh Benzoplast Ltd (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not
Slide 34: Thank You
For Further Information : Ganesh Benzoplast Limited CIN: L24200MH1986PLC039836 Dina Building, First Floor, 53, M K Road, Marine Lines, Mumbai – 400002 Email: info@gblinfra.com Thank You 33
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