Aeron Composite Limited · NSE:AERON
Aeron Composite — Investor Presentation (May 2025)
36 slides from Aeron Composite's investor presentation, May 26, 2025
Slide 1: NSE cover letter for Investor Presentation under Regulation 30
Date: 26/05/2025 To, Listing Compliance Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex Bandra (E), Mumbai – 400 051 NSE Symbol: AERON Subject: Investor Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) R
Slide 2: Aeron Composite Limited Investor Presentation March 2025
AERON COMPOSITE LIMITED Advanced Composite solutions 1 For a sustainable future Investor Presentation March 2025 https://www.aeroncomposite.com
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared by and is the sole responsibility of Aeron Composite Limited. By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or inducement to sell
Slide 4: Table of Content
Table of Content 01 Business Overview & Financials 4‐17 02 Strategic Updates 18‐25 03 Performance Snapshot 26‐29 04 Annexures 30‐34 HTTPS://WWW.AERONCOMPOSITE.COM 3
Slide 5: Company at a Glance
Company at a Glance 4 https://www.aeroncomposite.com
Slide 6: Aeron - Leading the Future of Composite Solutions
AERON ‐ LEADING THE FUTURE OF COMPOSITE SOLUTIONS Business Summary Financial Highlights (During the FY 2024‐25) Established in 2011, manufactures and supplies Rs 215.3 Cr Rs 17.9 Cr Rs 13.3 Cr Rs 25.7% Fiber Glass Reinforced Polymer (FRP) products Revenue EBITDA PAT Rev CAGR (3Y) The range of FRP pr
Slide 7: FRP (Fiber-reinforced polymer)
FRP (Fiber‐reinforced polymer) Providing long lasting and new age ‘GREEN’ solution to aging Infrastructure 6 https://www.aeroncomposite.com
Slide 8: Aeron - Integrated Business Model
AERON ‐ INTEGRATED BUSINESS MODEL Customer Centric Sustainability and Vertically Integrated Approach Longevity Focus Strong Integrated Technical Quality You can edit this text Expertise Control FRP Rods Resin Fully Integrated Manufacturing Plant with FRP Mouldings Glass Fibers State‐of‐the‐Art Techn
Slide 9: Excels in Production of FRP Products
EXCELS IN PRODUCTION OF FRP PRODUCTS Raw Materials Pultrusion Process o Resin System o Glass Fibres Mat Support o Polyester o Other Framework Heated o Vinyl Ester (VE) Additives Fibre Infeed Pultrusion formation and Die o Epoxy (EP) impregnation Main Control Roving Creel Pendant Stand Twin reciproca
Slide 10: Competitive Advantages
COMPETITIVE ADVANTAGES Diversified Market, Revenue from Diverse range of Fiber Glass Branding and various countries across the Globe Reinforce Polymer Products promotional activities Aeron’s diversified global presence, with Aeron manufactures a diverse range of Aeron’s increased branding and signif
Slide 11: Serving International and Domestic Clients
SERVING INTERNATIONAL AND DOMESTIC CLIENTS 10 https://www.aeroncomposite.com
Slide 12: Pioneering Excellence: Among India's Largest Composite Providers
PIONEERING EXCELLENCE: AMONG INDIA'S LARGEST COMPOSITE PROVIDERS FIBER GLASS REINFORCED POLYMER FRP Rods FRP Moulded Gratings PULTRUDED PRODUCTS Applications: In industrial structures, utility poles, railway Applications structures, chemical processing plants, and safety equipment Provides support a
Slide 13: Advantages of FRP/GRP/Fiberglass
ADVANTAGES OF FRP/GRP/FIBERGLASS Electrical Non Corrosion/Chemical High Strength Light Weight Conductivity Resistance Thermal Non EMI/RFI Ease of Low Life Conductivity Transparent Fabrication Cycle Cost Less Environmental Termite Flame Impact Proof Retardant 12 https://www.aeroncomposite.com
Slide 14: David vs Goliath; FRP vs Conventional Materials
DAVID VS GOLIATH; FRP VS CONVENTIONAL MATERIALS Aeron FRP Steel Aluminium Timber Corrosion Resistance High Low Medium Low Strength High High High Low Weight Low High Low Medium Electrical Conductivity Low High High Moderate Thermal Conductivity Very Low High High Low EMI/RFI Transparency Yes No No Y
Slide 15: Leading to Diverse Application Portfolio
LEADING TO DIVERSE APPLICATION PORTFOLIO Aeron Composite Ltd. boasts a diverse application portfolio, serving a wide range of industries including telecommunications, oil & gas, and renewable energy. The company's ability to tailor its FRP solutions to specific industry requirements demonstrates its
Slide 16: Strong Industry Tailwinds
STRONG INDUSTRY TAILWINDS India's composite sector is experiencing rapid growth, positioning the country favorably in the global market GLOBAL FIBER REINFORCED POLYMER INDIAN FIBER REINFORCED POLYMER COMPOSITES (FRP) COMPOSITES (FRP) (IN BILLIONS) (IN BILLIONS) 2022 2032 2021 2026 1.9 447.3 221.9 0.
Slide 17: Creating Superior Shareholder Value (1/2)
CREATING SUPERIOR SHAREHOLDER VALUE (1/2) Revenue EBITDA Profit after Tax 215 18 13 200 16 179 10 10 108 7 6 4 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 32.3% 33.2% Export vs Domestic 22.2% 22.8% 32.2% Exports Domestic 26.2% 20.4% 27.5% 17.9% 19.6% 39% 21.0% 48% 44% 65% 16.5% 7.8%
Slide 18: Creating Superior Shareholder Value (2/2)
CREATING SUPERIORS SHAREHOLDER VALUE (2/2) Working Capital Days Net Debt Ratios Receivable days Inventory Days Payable Days 92 95 1.95x 81 84 72 74 75 68 65 1.23x 60 63 53 0.43x ‐0.01x 1,167 1,204 674 ‐19 FY22 FY23 FY24 FY25 Net debt (INR Lakhs) Net Debt to EBITDA (x) FY22 FY23 FY24 FY25 Debt Equity
Slide 19: Aeron - USPs and Strategic Priorities
Aeron – USPs and Strategic Priorities 18 https://www.aeroncomposite.com
Slide 20: Strategic Priorities
STRATEGIC PRIORITIES 01 02 03 04 Continue to strengthen Setup of new Augmenting growth Continue to our existing product integrated in domestic and invest in R&D portfolio and diversify manufacturing unit global markets capabilities into new product lines Setting up a new, company- Currently exportin
Slide 21: State of the Art Manufacturing Facilities - Upgrading
STATE OF THE ART MANUFACTURING FACILITIES ‐ UPGRADING Installed Capacity (in Mt) Actual Production (in Mt) Capacity Utilization (in %) 18,845 18,845 12,815 68.0 11,555 16,503 61.3 14,550 54.0 8,906 43.5 6,330 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 20 https://www.aeroncomposite.c
Slide 22: Constructing the Future: New Products Update
CONSTRUCTING THE FUTURE: NEW PRODUCTS UPDATE The Company’s new product line will be started in this new manufacturing unit FRP Carbon Fiber Rebar Products Timeline‐ Manufacturing and initial sales commenced Product to be introduced by end of FY2026 Roads, bridges, coastal structures, water Use Cases
Slide 23: FRP Rebar: A Market on the Rise
FRP REBAR: A MARKET ON THE RISE.. INDIAN GFRP REBAR MARKET (USD MILLION) Indian GFRP Rebar Market (USD Million) 110.91 Market Growth Projections •Global FRP rebar market projected to grow at a CAGR between 10% and 14%, reaching USD 1.8 billion by 2032. 89.59 Infrastructure Investment & Opportunities
Slide 24: GIGABAR FRP Rebar: Redefining Reinforcement
GIGABAR® FRP REBAR: REDEFINING REINFORCEMENT GIGABAR® FRP Rebar is a rustproof, high‐strength, 75% lighter alternative to steel that saves up to 20% in costs, revolutionizing modern reinforced concrete construction. Aeron Composite’s premium range—including rebars, mesh, and bent elements—set new be
Slide 25: Competitive Products for Exports
COMPETITIVE PRODUCTS FOR EXPORTS Revenue from Domestic and Exports (in Cr) 129.0 109.5 Export revenue contributed 61% of 93.1 84.6 87.5 83.2 total revenue in 70.1 FY25, up from 56% in FY24. Currently, the 37.3 company sells its products in over 39 countries worldwide. FY 2022 FY 2023 FY 2024 FY 2025
Slide 26: Strong Future Growth
STRONG FUTURE GROWTH 15%+ Key Drivers Revenue Through strategic alliances with top industry players and research institutions, Aeron Composite enhances its R&D capabilities, fostering Growth continuous technological advancements (3 Years CAGR) The burgeoning demand for lightweight, high‐performance
Slide 27: Performance Snapshot
Performance Snapshot 26 https://www.aeroncomposite.com
Slide 28: Key Performance Indicators
KEY PERFORMANCE INDICATORS (In ₹Cr except percentages and ratios) Key Financial FY 22 FY 23 FY24 FY 25 YoY Performance Revenue from operations 108.3 179.4 199.7 215.3 7.8% EBITDA (excluding other 6 9.8 15.5 17.9 15.5% income) EBITDA Margin 5.5% 5.5% 7.8% 8.3% ‐ PAT 3.6 6.6 10.1 13.3 31.7% PAT Margin
Slide 29: Assets and Liabilities
ASSETS AND LIABILITIES Particulars FY 22 FY 23 FY24 FY25 Particulars FY 22 FY 23 FY24 FY25 Equity and Liabilities Non Current assets Shareholders’ funds PPE & intangibles 7.5 9.6 21.8 54.8 a. Share capital 1.3 1.6 1.6 17.0 Long term loans and 0.5 0.0 0.5 0.4 b. Reserves and surplus 14.3 23.8 33.9 84
Slide 30: Statement of Profit & Loss
STATEMENT OF PROFIT & LOSS Particulars FY22 FY23 FY24 FY25 Revenue from operations 108.3 179.4 199.7 215.3 Other income 1.6 2.6 2.0 5.5 Total Income 109.9 182.0 201.7 220.8 Cost of materials consumed 82.0 122.1 129.4 148.1 Changes in inventories of finished goods, work-in-progress (7.3) 2.8 (8.8) (2
Slide 31: Annexure
Annexure 30 https://www.aeroncomposite.com
Slide 32: Meet the Doers and Builders
MEET THE DOERS AND BUILDERS Dilipkumar Ratilal Patel Chirag Chandulal Patel Pankaj Shantilal Dadhaniya Ravi Pankajkumar Patel Chairman & Non‐ Managing Director Whole Time Director Whole Time Director Executive Director Over 14 years of experience, he MBA graduate with over 27 With 13+ years of exper
Slide 33: Journey So Far
JOURNEY SO FAR Started Moved to new Production manufacturing IPO: Conversion of Moulded unit. of the Company - Recognition Gratings Significant from Private by Department Executed increase in the Limited to of Scientific first Export capacity of Public Limited and Industrial order Pultrusion and Com
Slide 34: Quality & System Certifications
QUALITY & SYSTEM CERTIFICATIONS GOV. RECO. RoHS ISO 9001:2015 CE REACH EXPORT HOUSE 33 https://www.aeroncomposite.com
Slide 35: Branding and Promotional Activities
BRANDING AND PROMOTIONAL ACTIVITIES AIA Expo, 2024 ACETECH, 2024 Ankleshwar Expo, 2025 Elecrama, 2025 India Energy Week, 2025 Water Expo, 2025 34 https://www.aeroncomposite.com
Slide 36: For further information, please contact
Aeron Composite Limited Tel: +91-9909988266 Email: cs@aeroncomposite.com www. aeroncomposite.com https://www.aeroncomposites.com 35 For further information, please contact +91 22 62640831 Janhavi Kankriya Nikhar Arora www.goindiaadvisors.com Email: janhavi@goindiaadvisors.com Email: nikhar@goindiaad