Elantas Beck India Limited · NSE:ELANTAS
Elantas Beck India — Investor Presentation (January 2013)
42 slides from Elantas Beck India's investor presentation, January 2013
Slide 1: ELANTAS Beck India Ltd. Corporate Presentation
ELANTAS Beck India Ltd. Corporate Presentation January 2013
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by ELANTAS Beck India Limited (the “Company”) solely for your information and for your use and may not be taken away, distributed, reproduced or redistributed or passed on, directly or indirectly, to any other person (whether within or outside your orga
Slide 3: Overview
Overview 1 Company Highlights 2 Segment Details & Key Financials 3 Key Investment Highlights 4 Strategy Overview
Slide 4: Company Highlights
Overview 1 Company Highlights
Slide 5: ELANTAS Beck India: Overview
ELANTAS Beck India: Overview Shareholding Pattern (Sept 2012) Incorporated in 1956 as Dr. Beck & Company India Ltd., ELANTAS Beck India Ltd. (EBIL) is present in India for 56+ years Acquired by World’s leading company in Liquid Electrical Insulation ELANTAS Gmbh, part of global specialty chemica
Slide 6: History & Milestones
History & Milestones 1956 1961 1967 1981 1989 1997 2003 2006 2007 2009 Start of Business ALTANA AG Incorporated on March ALTANA Electrical 15, 1956 as “Dr. Beck Insulation & Company India Ltd.” GmbH acquired the worldwide electrical insulation products business Name change of Schenectady Name change
Slide 7: Geographic Presence
Geographic Presence Legend Head Office Manufacturing Sites Regional Offices New Delhi Kolkata Ankleshwar, Gujarat R&D Facility Pimpri, Maharashtra Manufacturing Facility, Ankleshwar, Gujarat Bangalore Manufacturing Facility, Pimpri, Maharashtra Corporate Office, Pimpri, Maharashtra 7
Slide 8: Business Segments & Product Lines
Business Segments & Product Lines 8
Slide 9: Value Chain
Value Chain Secondary Insulation Electronic & Engineering Materials Raw Primary Magnet Wire Equipment Maintenance/ OEMs Materials Insulation Producers Producers Repair Our products are applied in different parts of the value chain of the electrical industry 9
Slide 10: Primary Insulation, Secondary Insulation, Electronic & Engineering Materials Products and Applications
Primary Insulation, Secondary Insulation, Electronic & Engineering Materials Products and Applications EBIL produces insulating materials for the electrical and electronics industry. Applications are found in electric motors, household appliances, cars, generators, transformers, capacitors, TV sets,
Slide 11: Plant Details: Pimpri, Maharashtra
Plant Details: Pimpri, Maharashtra Pimpri, Maharashtra Date of Inception 1956 Products Manufactured Primary Insulations, Secondary Insulation, Electronics & Engineering Materials and Intermediates Installed Capacity 7,400 MT (2,480 MT for Wire Enamels and Impregnating Varnishes and 4,920 for Synthet
Slide 12: Plant Details: Ankleshwar, Gujarat
Plant Details: Ankleshwar, Gujarat Ankleshwar, Gujarat Date of Inception 1981 Products Manufactured Primary Insulations, Air Drying Varnishes & Intermediates Installed Capacity 16,820 MT (16,320 MT for Wire Enamels and Impregnating Varnishes and 500 MT for Synthetic Resins) No. of Employees 47 (23 M
Slide 13: Strong R&D Set-up
Strong R&D Set-up Team of 10 dedicated well-qualified employees Well equipped laboratories in Pimpri, Maharashtra and Ankleshwar, Gujarat Dedicated labs for each business line (PI, SI & E&EM) Company’s R&D Department and activities have been granted recognition by the Department of Science &
Slide 14: Certifications and Awards
Certifications and Awards 1996 1997 2009 Certifications EN ISO 9001: 2008 QMS EN ISO 14001: 2004 EMS EN ISO 18001: 2007 OHSAS Successfully integrated into one system in 2009: IMS Present Accreditations: Quality System (ISO 9000) Environment Management System (ISO 14000) Occupational Health & S
Slide 15: Price Movement: Key Raw Materials
Price Movement: Key Raw Materials Raw materials are mainly polymer pre- cursors (MDA, TMA, MDI) and solvents (cresol, phenol, NMP) for resin synthesis Top 10 raw materials account for 60% of total Important suppliers are BASF, Merisol, Dow Chemical, etc. Top 10 suppliers represent 45% of tot
Slide 16: Parent Overview: Elantas Gmbh
Parent Overview: Elantas Gmbh Segment-wise Revenue Split Parent Background ELANTAS GmbH, holding company of the Division Electrical Insulation within the ALTANA Group, is the Promoter of ELANTAS Beck India Ltd. ALTANA is a global specialty chemicals company with 41 production facilities and 48 ser
Slide 17: Part of Global Specialty Leader: ALTANA Group
Part of Global Specialty Leader: ALTANA Group Group Business Entities Business Divisions Converting Paint Additives Coatings Primary Insulation Specialties Secondary Plastic Additives Graphic Arts Graphic Arts Insulation Electronic & Industrial Cosmetic & Product Portfolio Engineering Applications p
Slide 18: Global Footprint
Global Footprint Headquarters ELANTAS Beck Gmbh, ELANTAS Beck, ELANTAS Production, Sales U.K. Germany Headquarters, Sales office Germany ELANTAS Tongling, China ELANTAS PDG, USA ELANTAS Zhuhai, China ELANTAS Isolantes Elétricos do Brasil, ELANTAS Italia, ELANTAS Beck Brazil Italy India, India With p
Slide 19: Segment Details & Key Financials
Overview 2 Segment Details & Key Financials
Slide 20: Primary Insulation Segment
Primary Insulation Segment Description To manufacture enameled wires which are further used in transportation, automotive, White goods, Consumer Goods HVAC, Motors & Transformers, Power Generation & Distribution, Lighting, Aerospace/ Defense Market Size & Trends Sales Breakdown Market Size & Growth
Slide 21: Secondary Insulation Segment
Secondary Insulation Segment Description Secondary insulation or impregnation involves replacing air trapped inside the wire windings with insulation material; it is used in manufacturing Motors, Transformers, used in Industrial Drives, Power generation & distribution, Automotive, HVAC, Lightning, e
Slide 22: Electronic and Engineering Materials
Electronic and Engineering Materials Description For a range of electrical equipment's such as sensors, instrument transformers, induction systems, and printed wiring boards, additional properties are desired such as improved heat dissipation, much greater mechanical stability at high vibrational fo
Slide 23: Key Financials
Key Financials Net Operating Revenue (INR MN) EBITDA (INR MN) Profit After Tax (INR MN) Margins (%) 23
Slide 24: Key Financials
Key Financials Return on Equity Return on Invested Capital Dividend Payout Cash & Liquid Investments (INR MN) 24
Slide 25: Key Investment Highlights
Overview 3 Key Investment Highlights
Slide 26: ELANTAS Beck India Strongly Positioned to Achieve Growth
ELANTAS Beck India Strongly Positioned to Achieve Growth 26
Slide 27: Strong Industry Growth Expectations
Strong Industry Growth Expectations The demand for Primary/ Secondary Insulation and Electronic and Engineering Materials is a derived demand from several industries including Electronic Equipment's, Power Segment and Automotive Component Industries All these industries are in high growth trajec
Slide 28: Strong Parentage
Strong Parentage ALTANAAG, global leader in specialty chemicals, is the ultimate parent Products made by o fey) © o Group employee = ALTANA Group are 0&3 8 strength of 5,300+ —_l! sold in over 100 ee The Group business is fe>) countries worldwide a2] oO eceideelnal spread across 4 c Europe contribut
Slide 29: Significant Barriers to Entry
Significant Barriers to Entry High-tech/Niche Focus • Well defined niches with very specific performance requirements Strong R&D Investments • Successful players need to have application technology capabilities close to their customers • Important technologies patent protected Technology • Underwrit
Slide 30: Leading Position in Key Markets
Leading Position in Key Markets Market Leader in all Operating Segments Consistently Increasing Market Share (volume-wise) 30
Slide 31: Technology Leadership
Technology Leadership Global Market Leader Part of a global leader in liquid insulation material manufacturing Localization per customer requirements +The products are suitably adopted and modified per customer requirements in India Global R&D support India R&D team leverages on the capabilities of
Slide 32: Strong Focus on Research & Innovation
Strong Focus on Research & Innovation 32
Slide 33: Innovation in Application
Innovation in Application 33
Slide 34: Established Client Relationships
Established Client Relationships Marquee Client Base across Industries SH Haryana Salasar Group 34
Slide 35: Management Expertise
Management Expertise Mr. Rajeev Bhide Managing Director Mr. Sharadkumar Shetye Over 31 years of experience across corporate finance, Director- Manufacturing accounting procurement and business administration. He Over 41 years of experience across Project has been working with ELANTAS Beck india Ltd.
Slide 36: Strategy Overview
Overview 4 Strategy Overview
Slide 37: Strategy Overview
Strategy Overview hee core Strategy oe + Retain overall market share in the electrical insulations segments + Grow market share in the highly specialized Electrical Insulations applications ‘mae Focus on Electrical Products and Engineering Segment rey + Attain market leadership in electrical & engin
Slide 38: Focus on Electronic & Engineering Material Segment
Focus on Electronic & Engineering Material Segment 38
Slide 39: New Product Innovation & Introduction
New Product Innovation & Introduction Focus on New Product Innovation & Introduction Major Products Introduced in India since 2008 39
Slide 40: In-Organic Growth Plans
In-Organic Growth Plans Growth of ELANTAS through acquisitions Year of Acquisition Company Country 1988 Wiedeking Germany 1993 Dea Tech Italy 1994 PPG Wire Enamels Italy 1995 Rhenatech Germany 1996 P.D. George US 1998 Camattini Italy Siva Italy Tongling Siva China 2000 Phelps Dodge Wire Enamels US S
Slide 41: Focus on Expanding Margins
Focus on Expanding Margins 41
Slide 42: Thank you for your attention.
Thank you for your attention.
ELANTAS Beck India — Investor Presentation (January 2013) on 6ix