Ganesha Ecosphere Limited · NSE:GANECOS
Ganesha Ecosphere — Q1 FY2017 Earnings Presentation
28 slides from Ganesha Ecosphere's earnings presentation, July 2016
Slide 1: Ganesha Ecosphere Limited
Ganesha Ecosphere Limited Investor Presentation July 2016 Responsibility + Opportunity = Sustainability
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Ganesha Ecosphere Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any
Slide 3: Company Overview
Company Overview S
Slide 4: Amongst leading waste management companies in India
Amongst leading waste management companies in India Largest recycling Company of PET waste material in India • Pioneer in manufacturing of recycled staple fibre (RSPF) and yarn State of art manufacturing facilities • Located in Kanpur, Bilaspur & Rudrapur (Uttarakhand), Total capacity of 97,800 TPA
Slide 5: Journey so far
Journey so far 1989-95 2006-08 2013-14 2014-15 2015-16 • Established by Mr. • Set up plant in • Enhanced RPSF capacity to • Set up RPSF • 3 state of art manufacturing Shyam Sunder Sharma Rudrapur 27,000 TPA from 18,000 Capacity of 21,000 plants ( Chairman & MD) (Uttarakhand) with TPA at Kanpur unit
Slide 6: Management team
Management team • Founder/ 1st generation entrepreneur and textile technocrat with Shyam Sunder Sharmma management experience of over 52 years including 25 years at Chairman & Managing Director senior positions in Birla group companies • Looks into overall management, strategic planning & developmen
Slide 7: State of Art Manufacturing facilities
State of Art Manufacturing facilities Rudrapur (Uttarkhand) Capacity (MTPA) 2016 2015 Bilaspur (Uttarkhand) Total capacity 97,800 83,800 Kanpur (Uttar Pradesh) Kanpur (Uttar Pradesh) 30,000 30,000 Twisted Filament Yarn 3,000 3,000 RPSF 27,000 27,000 Rudrapur (Uttarakhand) 39,600 39,600 RPSF 39,600 3
Slide 8: Strategic advantage
Strategic advantage Largest capacity Sourcing Collection network across the country helps Pioneered & Largest mobilise nearly 250 tonnes of PET waste manufacturer of RSPF with per day, translating into adequate raw combined capacity of 87,600 TPA material availability to feed production lines . Rich
Slide 9: Industry Overview
Industry Overview >
Slide 10: PET Industry opportunity - Global
PET Industry opportunity - Global Global PET Packaging Consumption PET Packaging Market • Expected @ 5% CAGR over • Expected to reach 21.1 mn next 3 years; driven by tonnes by 2021, growth of 4% increasing demand from p.a during 2016-21 emerging economies like Asia • Growth anticipated at 4.8% - Pac
Slide 11: PET Industry opportunity - India
PET Industry opportunity - India • PET resins - witnessed robust growth over last • Rapidly expanding population of 1.25 billion five years - increasing usage in various end user Indians driving Indian FMCG market growth to industries such as packaging & bottling, approx US$49 billion in 2016 automo
Slide 12: Textile Industry opportunity - India
Textile Industry opportunity - India Indian Textiles Industry Government’s New Textile Policy • Expected to reach US$ 223 bn • Rs. 6,000-cr new textile policy by 2021 will foresee significant • Contributes ~ 5% to India’s GDP flexibility in labour laws • 2nd largest employment • Sector expected to b
Slide 13: Business Overview
Business Overview S
Slide 14: Recycling process of PET Waste
Recycling process of PET Waste.... The Process End Products Sorting & Conversion • Waste sorted for Spun Yarn colour, Non-PET • High end • Collection of PET removed, Cleaned, Waste through drawing and Chipped to small crimping • Twisted Filament wide collection flakes, Converted into machines & Recy
Slide 15: Creating customized products catering to diverse sector applications
... Creating customized products catering to diverse sector applications Apparels Sportswear Home furnishing Automotive Industrial textiles 15
Slide 16: Our focus…
Our focus… • Recycled a record 4.43 • Collected nearly billion PET bottles 79,703 tonnes of PET wastes • Saved nearly 5.9 • Eliminated 1.19 lac cubic yards lac tonnes of CO2 space from turning into landfill ...To create a Better World 16
Slide 17: Way Ahead
Way Ahead
Slide 18: Growth drivers
Growth drivers.... Smart Cities Man Made Fibre • Govt announced 1st list of 20 cities • Over past few years, man made to be developed into smart cities fibre made from recycled PET bottles and other waste material • Each city to receive funding upto Rs has been gaining strength 1,000 crore over 5 ye
Slide 19: Increased Demand + Operational efficiencies…
Increased Demand + Operational efficiencies… Branding Collection at source Capacity Expansion Leased Model • Initiatives taken to • Working with beverages • Plans to increase • Leased spindles for value make the use of companies for creating recycling capacity addition and increase capacity Recycled
Slide 20: Financials
Financials
Slide 21: Strong Operational performance
Strong Operational performance PET Bottles Processes (in Bn) 4.4 Revenue (Rs. Crore) 3.8 621.9 646.5 3.4 498.8 435.1 2.4 FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 EBITDA (Rs. Crore) / Margin (%) PAT (Rs. Crore) / Margin (%) 30 5.5% 6.00% 11.7% 4.9% 80 11.1% 311.2% 12.0% 3.8% 10.4% 25 3.7% 5.00% 70 10.
Slide 22: Strengthening Balance Sheet
Strengthening Balance Sheet Book Value (Rs. Crore) 110.4 Total Debt (Rs. Crore) 201.6 95.5 81.1 160.7 166.5 66.5 118.2 FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 Debt/Equity RoCE (%) 1.6 1.6 17.0% 14.0% 13.0% 13.3% 1.1 0.6 FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 *RoCE = EBIT/Capital Employed 22
Slide 23: Annual Profitability Highlights
Annual Profitability Highlights Rs. in Crore FY16 FY15 YoY % Production (MT) 86,493 71,841 20.4% Total Income from Operations 648.75 624.95 3.8% Raw Materials 409.27 415.76 -1.6% Employee Cost 39.32 33.67 16.8% Other Cost 124.86 110.84 12.6% Total Expenditure 573.45 560.27 2.4% EBITDA 75.30 64.68 16
Slide 24: Balance Sheet Highlights
Balance Sheet Highlights Rs. in Crore Mar-16 Mar-15 Rs. in Crore Mar-16 Mar-15 Shareholder’s Funds 200.18 177.92 Non-current Assets 259.32 270.78 Share capital 19.18 47.28 Reserves & Surplus 181.00 129.93 Fixed assets 256.50 267.70 Money received against warrants - 0.71 Long-term loans & advances 2.
Slide 25: Quarterly Performance
Quarterly Performance >
Slide 26: Q1 FY17 Highlights
Q1 FY17 Highlights In Rs. Crores Revenue EBITDA and EBITDA Margin % 165.81 11.75% 10.93% 152.85 18.12 17.94 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 PBT 9.01 PAT and PAT Margin % 3.81% 3.49% 8.46 5.79 5.82 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 • Decline in Revenue, on account of sales realization - decreasing crud
Slide 27: Q1 FY17 Performance
Q1 FY17 Performance Rs. in Crore Q1 FY17 Q1 FY16 YoY % Q4 FY 16 QoQ % Total Income from Operations 152.85 165.81 -7.8% 158.01 -3.3% Raw Materials 92.13 106.75 -13.7% 99.65 -7.5% Employee Cost 10.26 8.98 14.3% 10.26 0% Other Cost 32.51 31.96 1.7% 29.61 9.8% Total Expenditure 134.90 147.69 -8.7% 139.5
Slide 28: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : Ganesha Ecosphere Ltd. Bridge Investor Relations Pvt. Ltd. CIN: L51109UP1987PLC009090 CIN: U74900MH2016PTC273679 Mr. Gopal Agarwal Ms. Savli Mangle gopal@ganeshaecosphere.com savli@bridge-ir.com Mr. Dheeraj Manwani dhee