Garware Technical Fibres Limited · NSE:GARFIBRES
Garware Technical Fibres — Investor Presentation (May 2023)
49 slides from Garware Technical Fibres's investor presentation, May 30, 2023
Slide 1: Regulation 30 disclosure cover letter
GARWARE TECHNICAL FIBRES GTFL:SEC:2023 May 30, 2023 BSE Limited Corporate Relationship Department, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai 400001. (Company code: 509557) National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1, 'G' Block, Bandra-Kurla C
Slide 2: Better Ideas in Action
Better Ideas in Action www.garwarefibres.com
Slide 3: Garware Technical Fibres Limited – At a Glance
Garware Technical Fibres Limited – At a Glance • Pioneer in Technical Textiles in India • In Top 50 companies and in Top 25 • 5000+ workforce with presence in 75 countries Manufacturing companies in India as per GPTW • Producing 80MT per day & operating with • Well qualified R&D team of 22 scientist
Slide 4: Mission
Mission “To Provide innovative, application focused solutions to enhance value of our customers globally” 3
Slide 5: Our Four Pillars of Value
Our Four Pillars of Value Ownership Improve Bond Enhance Own the process of Continuously Enhance our Enhance delivering Improve our Family Bond Stake Holder results with Products & with the Value Entrepreneur Services to Employees & through ial Spirit & become Business Profitable Joy of preferred Pa
Slide 6: GTFL Infrastructure
GTFL Infrastructure 5
Slide 7: Manufacturing facility at Pune
Manufacturing facility at Pune Pune manufacturing facility conforms to ISO 9000:2015 standards and boasts state-of-the-art machinery Products Ropes PPMF Twines Cargo Nets Rope Articles Geo Textiles Gangway Nets PPMF Yarns Metal Gabions 6
Slide 8: Wai Facility
Wai Facility 7
Slide 9: Manufacturing facility at Wai is the largest unit in India
Manufacturing facility at Wai is the largest unit in India and spread across 40 acres Wai manufacturing facility conforms to ISO 9000:2015 and ISO 14001:2015 standards and boasts state-of-the-art machinery Products Aquaculture Cage Nets Sports & Agricultural Nets Plateena (Dyneema) Adventure Nets Co
Slide 10: GTFL's Strong Focus on Manufacturing Excellence
GTFL’s Strong Focus on Manufacturing Excellence Total Preventive Maintenance (TPM) Silver award – India Green Manuf. Certification Challenge Jishu 5S Framework Hozen (JH) LEAN Kanban Kaizen PRINCI PLES Pull 8D Process System Advanced Product Quality Planning 9
Slide 11: GTFL Application Areas
GTFL Application Areas 10
Slide 12: Our Innovative, Application focused Solutions Portfolio
Our Innovative, Application focused Solutions Portfolio… Fisheries Aquaculture Shipping & IPD Sports • Fully assembled Trawls • Cage Nets • 8 Strand Shipping Ropes • Tennis Nets • Purse Seine Nets • Predator protection Nets • 3 Strand Industrial Ropes • Volley Ball Nets • Gill Nets • Anti Bird Nets
Slide 13: Our Innovative, Application focused Solutions Portfolio
Our Innovative, Application focused Solutions Portfolio… Agriculture Geosynthetics Coated Fabrics Plateena • Anti Bird Nets • Reinforced Soil • Tarpaulins • Aquaculture Cage Nets • Anti Hail Nets Structures • Hanger Covers • Mooring & Towing Ropes • Shade Nets • Landfill • Awnings • Trawl Nets • Ser
Slide 14: GTFL Aquaculture Business
GTFL Aquaculture Business 13
Slide 15: Growing aquaculture
- Growing aquaculture 180 160 140 120 Million tonnes live weight (LW) 8 2000 2005 2010 2015 2020 2025 Wild capture for human consumption was Farmed Atlantic salmon mm Aquaculture for human consumption === Population rebased Development of global average fish consumption 30 Kg per capita o uw & & GO
Slide 16: Salmon Prices Over the Last Few Years
Salmon Prices Over the Last Few Years Salmon Prices ($ per kg) since Jan 2022 Salmon Prices ($ per kg) since Jan 2013 9 8 7 6 5 Jan 2023 Salmon prices have increased from 5.5 USD per kg in Salmon prices have increased from 2.5 USD per kg in Jan 2022 to 8.8 USD per kg in May 2023 2013 to 8.8 USD per
Slide 17: Major Players in the industry
Major Players in the industry MOWI • All-time high revenue of EUR 1362.4 million (EUR 1 095.3 million). • Q1 2023 -All-time high Operational EBIT of EUR 322 million. Financial EBIT of EUR 381 million • Salmon prices record-high for a first quarter on tight supply-demand balance. • Stellar operationa
Slide 18: Norway Aquaculture Industry Update
Norway Aquaculture Industry Update • After protracted negotiations Resource rent tax has been finalized at @ 25% as compared to the initial suggestion of @40%. • The proposed resource rent tax in Norway is expected to be finally approved by Parliament before the summer break in June, with retrospect
Slide 19: Salmon Supply Trends
Salmon Supply Trends Salmon Supply 4.1 Total harvest of Atlantic salmon 2002-2021 Chile (CAGR 5 %) Global (CAGR 5 %) Norway (CAGR 7 %) a CAGR Global Norway 2 Chile 2002-2021 5% 7% 5% 2012-2021 . 4% 3% 8% 2021-2026E 4% 3% 2% wi GARWARE
Slide 20: Sports Nets
Better Ideas in Action Sports Nets www.garwarefibres.com
Slide 21: Sports Nets business of GTFL
Sports Nets business of GTFL • Under the sports portfolio, we provide around 50 different products TENNIS • Our range of sports nets confirms to all international standards and is used in various tournaments • GTFL holds the major market share in the tennis nets and baseball netting segment in the U
Slide 22: Sports Nets business of GTFL
Sports Nets business of GTFL • GTFL has spread its wings in the sports allied sector by entering into the metal frames business for baseball practice BASEBALL screens; Further growth is planned with new metal products like Tennis Posts, Metal Baskets and other allied products • In the allied sector,
Slide 23: GTFL Marine Fisheries
GTFL Marine Fisheries 22
Slide 24: Challenges in Domestic Marine Fisheries
Challenges in Domestic Marine Fisheries • Rising fuel costs/ fuel consumption • Less fish catch & low quality fish catches 23
Slide 25: Rising fuel prices- BIG concern in trawling
Rising fuel prices- BIG concern in trawling Trawl fishing operational expenses are as below Fuel cost is almost 65-70% in trawl fishing Approx 20% increase has already happened since last year Fuel 64% Fishing Gear 6% Food & Misc 5% Ice 3% Boat Maintenance 3% Crew Remuneration 16% Oil/Lubricants
Slide 26: Solutions from GTFL
Solutions from GTFL (MOR) (SNG) (Nest) (X2 TWR) (MOR) (X2 & NGB) Belly Runner & BTR (BTR) TOP - SNG Bottom - BTR 25
Slide 27: Key Benefits to customers
Key Benefits to customers Key Benefits Impact Incremental (vertical) mouth Leads to higher fish catches (More coverage to water column opening of Trawl vertically) High speed Cover more fishing ground w- leads to incremental fish catches Fuel saving Trawls being lighter and stable trawl geometry whi
Slide 28: Sustainability
Better Ideas in Action Sustainability 27
Slide 29: GTFL's Strong Internal Actions on Sustainability
GTFL’s Strong Internal Actions on Sustainability Water Green House Gas Emission • Every year we are reducing our water consumption per MT of production. • Annually increasing our usage of renewable sources of energy • Honoured with CII National Water Excellence Award powered by Niti Ayog • Trial of
Slide 30: GTFL's Strong External Actions on Sustainability
GTFL’s Strong External Actions on Sustainability V2 Technology Seal Pro: Anti-Predator Nets for Seals • V2 Technology reduces copper release in • Sapphire PE nets have increased the environment significantly as compared salmon farm protection leading to a to paint coated nylon cages reduction in sea
Slide 31: GTFL Geo-synthetics Business
GTFL Geo-synthetics Business 30
Slide 32: Geosynthetics – A Brief Overview
Geosynthetics – A Brief Overview Geosynthetics are polymer-based materials used in infrastructure solutions for environmental friendliness and lower overall cost Rockfall Protection works for a project in state of Jharkand •Roads •Railways •Airports •Ports Coastal Protection works for a project in S
Slide 33: Rockfall & Slope Protection
Rockfall & Slope Protection Location: Keonjhar, Odisha Implementation of Soil Slope Stability Measures and Rockfall Protection along New Railway Broad Gauge Line 32
Slide 34: Landfill and Liners
Landfill and Liners Chanderiya, Rajasthan Construction of Secure Landfill Facility & Jarofix Yard Facility 33
Slide 35: Landfill & Lining
Landfill & Lining We are progressing successfully with the Ground Improvement Project at the Red Mud /Tailing Pond Facility at Vedanta Lanjigarh, Odisha. It is the first of its kind project in India in which ground improvement techniques is employed to augment the Tailing Pond Capacity. 34
Slide 36: GEO Division – Landfill & Lining
GEO Division – Landfill & Lining Design and Development of Gypsum Stack at SPIC-Tuticorin We are about to complete and commission the Gypsum Stack Project at SPIC-Tuticorin-Tamilnadu, and the first of its kind in which from Design, Engineering, material procurement and commissioning of the project i
Slide 37: GEO Division – Landfill & Lining
GEO Division – Landfill & Lining Design and Development of Landfill Capping We have successfully designed and executed the scientific capping of Landfill Facility at Hindustan Zinc Ltd 36
Slide 38: Avalanche Protection
Avalanche Protection UT of Ladakh Implementation of Avalanche Control Measures in UT of Ladakh 37
Slide 39: Future – Rockfall Protection and Erosion control
Future – Rockfall Protection and Erosion control 1. Out of a total allocation of Rs 110 L Cr by the Central Government under the National Infrastructure Pipeline from 2020 – 2025, Roads & Highways share is Rs 20 L Cr. And Railways is Rs 14 L Cr. 2. There is an increasing awareness of the need to pro
Slide 40: Future – Rockfall Protection and Erosion control
Future – Rockfall Protection and Erosion control • There is a similar momentum in Railways for protection of running as well as new tracks. • GTFL Geo division has been a joint patent holder with Railways for some time for rock fall solutions and we have further enhanced those solutions with newer d
Slide 41: Future – Landfills & Linings
Future – Landfills & Linings • Landfills are increasingly being recognized as the most viable alternative for disposal of solid waste. Garware is well positioned as a reliable turnkey solution provider for industrial waste landfills. • The key driver for industrial waste landfills is industrial prod
Slide 42: GTFL GEO Export Product Offerings
GTFL GEO Export Product Offerings WOVEN & FABRIC FORMS Highways & Coastal Protection Works AQUAROCK BAGS Coastal & River Training Works ROCGUARD® WITH EARLY WARNING SYSTEMS Rock-fall Protection Works GARMAT SUPREME Erosion Control Works 41
Slide 43: Exports
Exports Erosion Control and Scour Protection along Erosion Control and Scour Protection along a coastal road in Cumbria, North England a river bank in Cumbria, North England 42
Slide 44: Exports
Exports 43 Installation of Erosion Control and Scour Protection AquaRockBag in England
Slide 45: Future – Exports
Future – Exports • Global Market Size 10-12 Bn USD, Growing at 9% CAGR y-o-y • Complete supply value chain needed for Geo-synthetic manufacturing is available in India • With China+1 sentiment in global supply chain India is well poised to become second manufacturing hub for the Word • GTFL is expor
Slide 46: Leadership Team
Leadership Team 45
Slide 47: Experienced Management Team
Experienced Management Team Mr. Vayu R Garware Mr. Shujaul Rehman Mr. Tiru Kulkarni Chairman & Managing Chief ExecutiveOfficer President Geo-Synthetics Director •Over two decades of extensive • Graduate from Wharton • Over two decades of understanding of the global geo synthetic Business School,USA
Slide 48: Experienced Management Team
Experienced Management Team Mr. Ravendra Mishra Head-Human Capital Mr. Vivek Kulkarni President –Operations •More than 25 years of experience •More than 30 years of valuable experience in in operations & HRM manufacturing •An administrator par •An expert in operations and operational excellence with
Slide 49: Thank You
Better Ideas in Action Thank You INDIA USA UK CANADA AUSTRAILA CHILE NORWAY www.garwarefibres.com 48
Garware Technical Fibres — Investor Presentation (May 2023) on 6ix