Grp Ltd · NSE:GRPLTD

Grp — Investor Presentation (August 2022)

46 slides from Grp's investor presentation, August 2022

  1. Slide 1: Investor Presentation August 2022

    Investor Presentation August 2022 Click Here for GRP LTD’s Corporate Video

  2. Slide 2: Safe Harbor

    Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by GRP Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and s

  3. Slide 3: Performance Highlights

    Performance Highlights GRP» IMPACT POSITIVE

  4. Slide 4: Q1FY23 Performance (YoY)

    Q1FY23 Performance ( YoY ) (in Rs. Mn) Revenue Gross Profit EBIDTA PBT +49% +54% 1,241.4 +46% 650.5 830.8 61.2 +138% 422.4 41.8 13.8 5.8 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Revenue / Profitability ▪ Robust growth in Revenue on the back of demand revival in reclaim and growth in n

  5. Slide 5: Operational Highlights

    Operational Highlights Volume growth in reclaim business is 25% Volume sales in non reclaim business is lower on account of material and container shortages Made inroads into export markets in engineering plastics business Employee benefit expenses include one time Moderation in ocean freight will i

  6. Slide 6: Segment Wise Quarterly Performance Trend

    Segment Wise Quarterly Performance Trend* Reclaim Rubber Revenue Trend Non-Reclaim Revenue Trend 1,128 1,036 921 325 113 820 302 109 761 294 85 231 270 78 66 734 803 530 627 550 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Domestic Exports ✓ Substantial jump in overall reven

  7. Slide 7: Segmental Financial Highlights

    Segmental Financial Highlights* Reclaim Rubber Non-Reclaim Rubber Particulars (in Rs. Mn)* Q1FY22 Q1FY23 Q1FY22 Q1FY23 Revenue 761.3 1,128.3 66.2 109.3 Raw Material 374.5 521.8 32.8 68.6 Other Expenses 354.3 554.2 24.3 32.6 EBIDTA 32.5 52.3 9.1 8.1 EBIDTA Margin 4.3% 4.6% 13.7% 7.4% ✓ Revenue from r

  8. Slide 8: Industry highlights

    Industry highlights GRP» IMPACT POSITIVE

  9. Slide 9: Global & Indian Tyre Industry Performance

    Global & Indian Tyre Industry Performance Global Tyre Market Global Tyre trends Passenger car/Light truck tire, H1 2022 CY (% change Y-o-Y, in no. of tyres) Western and Central North & Central ✓ Global OE tire demand in PCLT segment is down by 2% Particulars South America Global market with stable d

  10. Slide 10: Consolidated Profit & Loss Statement

    Consolidated Profit & Loss Statement Profit & Loss (Rs. Mn) Q1FY23 Q1FY22 Y-o-Y / Bps Q4FY22 Q-o-Q / Bps FY22 FY21 Y-o-Y / Bps Revenue 1,241.4 830.8 49% 1,112.3 12% 3,884.2 2,797.7 39% Cost of Goods Sold 590.8 408.4 487.3 1,820.5 1,354.4 Gross Profit 650.5 422.4 54% 625.0 4% 2063.8 1443.3 43% Gross

  11. Slide 11: Consolidated Balance Sheet

    Consolidated Balance Sheet Assets (Rs. Mn) Mar-22 Mar-21 Liabilities (Rs. Mn) Mar-22 Mar-21 Non-Current Assets 1,266.9 1,153.0 Equity Share Capital 13.3 13.3 Property, Plant and Equipment 1,084.9 994.4 Other Equity 1348.9 1,302.5 Capital work in progress 1.4 16.2 Equity attributable to owners of the

  12. Slide 12: Capacity addition and capital expenditure

    Capacity addition and capital expenditure Build up additional capacity for Reclaim Rubber and Industrial Polymers Polymers Composities Allied Business over the years (Installed capacity in MT) 3,400 72,000 7,800 10,000 2,800 6,200 1,500 3,000 20,000 21,000 3,400 1,500 2,600 4,800 2,400 2021 2022 Tot

  13. Slide 13: Positive and sustainable outlook…

    Positive and sustainable outlook… MoEFC has introduced EPR norms for waste tyres 'Extended Producer Responsibility' means responsibility of producer of tyres to ensure environmentally sound management of waste tyres as per the provisions of this regulation • The obligations to recycle waste tyre dri

  14. Slide 14: Awards & Accolades

    Awards & Accolades Best Tyre Recycler 2022: RUNNER UP EcoVadis CSR Rating 2017: BRONZE 2019: SILVER 2017 At GRP, we are committed to transitioning from a ‘recycled material company’ to a ‘Sustainable Raw Material Company’. Therefore, embracing the certifications, partnerships required for achieving

  15. Slide 15: Introduction

    Introduction GRP» IMPACT POSITIVE

  16. Slide 16: Tyre Graveyards are increasing across the Globe

    Tyre Graveyards are increasing across the Globe 7.6 Billion people 1.7 billion new Creating huge in the world tyres produced a year TYRE GRAVEYARDS… 1.4 Billion Over 1 billion waste vehicles on the road tyres generated per year … HUGE OPPORTUNITY 16

  17. Slide 17: …presenting a HUGE OPPORTUNITY

    …presenting a HUGE OPPORTUNITY Huge tyre graveyards that can be seen GRP uses end-of-life tyres to Reclaim rubber, Engineering plastics, Die-cut from Space recycle and manufacture products & Polymer Composite Products 17

  18. Slide 18: It is our raison d'etre

    It is our raison d’etre Recover, Recycle, Reuse’ is GRP’s raison d’etre as well as mantra for creating a clean planet ▪ GRP is one of the leading producers of reclaim rubber ▪ It recycles end- of-life tyres, automotive inner tubes, automobile profiles and moulded rubber products to produce consisten

  19. Slide 19: …to Reduce, Reuse & Recycle

    …to Reduce, Reuse & Recycle REDUCE • Manufactured from 100% recycled rubber POLYMER and plastics COMPOSITES • Product is environmental friendly, strong and durable as a substitute to wood & concrete • Custom die forms engineered from end of life CUSTOM truck and bus bias tyres used in application DI

  20. Slide 20: Our Business

    Our Business GRP» IMPACT POSITIVE

  21. Slide 21: Believing in possibility of better tomorrow…

    Believing in possibility of better tomorrow… 7 Manufacturing Units with 81,200 Export presence in 60+ Countries tons/year capacity across 400+ customers 18% share in Indian Market & 50% of ~1.2 Mn End-of-Life tyres saved from India’s Export in reclaim rubber reaching landfills Every Year Supplies to

  22. Slide 22: … since Four Decade & Counting

    … since Four Decade & Counting Gujarat Reclaim and 1st Unit at Got its first ever Rubber Products Ankleshwar export order Limited incorporated 1974 1978 1984 2011 2006 1997 4th unit established 3rd Unit established Diversified in at Solapur at Panoli Custom Die Forms 2012 2014 2017 2020 2022 5th Uni

  23. Slide 23: …serving the needs of Global Mobility Industry

    …serving the needs of Global Mobility Industry 60+ 400+ Countries Customers Distributors 400+ Panoli Indore across 20 Vendors countries Ankleshwar Mumbai Solapur Headquarters Reclaim Rubber 7 ~1060 C-DF Industrial Polymers Manufacturing R&D Centre Units Employees >75% customers belong to Transportat

  24. Slide 24: …with our R & D Capabilities

    …with our R & D Capabilities Product Process Application ▪ Developing New ▪ Continuous ▪ Automation of Application across Development of New Processes diversified Industries Products ▪ Environment friendly ▪ Products designed ▪ Expansion in New – Zero Discharge based on Customer Product Categories a

  25. Slide 25: Reclaim Rubber

    …with Diversified Product Applications Tyre Application Inner Liner Inner Tubes Tyre Side Walls Tyre Piles Tyre Treads & Retreads Reclaim Rubber Non - Tyre Application Conveyor Belts Adhesives Automotive Roofing Footwear Profiles Moulded Goods Matting 25

  26. Slide 26: …across Business Verticals

    …across Business Verticals Industrial Polymers Custom Die Forms Industry Applications Applications Consumer Automotive Link Mats Door Mats Electrical & Electronics Industrial Industrial Mats Dock Bumpers Reprocessed Nylon Reprocessed Nylon Modified Nylon Dock Bumpers Door Mats Harvestor Pads Glass F

  27. Slide 27: …across Business Verticals

    …across Business Verticals Polymer Composite Industry Applications Commercial transportation Livestock transportation Military and Government Oil fields Transportation floor beds Oil rigs set back areas Air drop pallets 27

  28. Slide 28: …all Major Tyre and Non Tyre Customer Relationships

    …all Major Tyre and Non Tyre Customer Relationships The Brand Names mentioned are the property of their respective owners and are used here for identification purpose only.28

  29. Slide 29: …Global Partnerships for Business Growth

    …Global Partnerships for Business Growth Reclaim Rubber Polymer Composite Successful in setting up a Contract Manufacturing with an reclaim rubber unit in American company since 2017 to Malaysia and handed over to manufacture polymer composite the local partner products in India Custom Die Form Cont

  30. Slide 30: …Distinguished Board of Directors

    …Distinguished Board of Directors Dr. Peter Philip Rajendra Gandhi Harsh Gandhi Chairman & Non-Executive Director Managing Director Joint Managing Director No. of Years of Experience : More than No. of Years of Experience : More No. of Years of Experience : 16 years 40 years in General Management th

  31. Slide 31: …Distinguished Board of Directors

    …Distinguished Board of Directors Mahesh Gandhi Rajeev Pandia Saurabh Shah Non-Executive Director Independent Director Independent Director No. of Years of Experience : More than No. of Years of Experience : More No. of Years of Experience : More than 30 years in General Management than 40 years and

  32. Slide 32: …with Experienced Management Team

    …with Experienced Management Team Virendra Rathod President – Marketing Shilpa Mehta Sanjeeb Lahri and Business Kush Giramkar Chief Financial Officer Head HR & Ganesh Ghangurde Development Operations Head Reclaim Administration Rubber Head Chief Compliance Officer Procurement & Logistics • Chemical

  33. Slide 33: CSR – Impact Positive Initiatives

    CSR – Impact Positive Initiatives ▪ Our CSR vision – "to contribute towards social and economic development of the communities where we operate in. And while doing the same, we want to build a sustainable way of life for all sections of society”. ▪ GRP believes in doing business the right way and en

  34. Slide 34: Business Verticals

    Business Verticals GRP» IMPACT POSITIVE

  35. Slide 35: Manufacturer of sustainable products through 4 Business Verticals

    …Manufacturer of sustainable products through 4 Business Verticals 35

  36. Slide 36: Reclaim Rubber - Industry Leading Technology

    Reclaim Rubber - Industry Leading Technology 1ST Company in India to design, fabricate and install an entire plant & machinery for manufacture of reclaim rubber from complete indigenous components VALUE PROPOSITION Strong focus on innovation and R & D with DSIR approved lab, 1st company in India to

  37. Slide 37: Reclaim Rubber – Cost Effective Alternative

    Reclaim Rubber – Cost Effective Alternative PRODUCT OFFERING NATURAL RUBBER RECLAIM • Whole Tyre Reclaim • Ultra High & High Tensile Reclaim • Natural Tube Reclaim SYNTHETIC RUBBER RECLAIM • Butyl & Chlorobutyl Reclaim • EPDM Reclaim SPECIALITY RUBBER RECLAIM • NBR Polycoat APPLICATIONS ▪ Tyres ▪ Wa

  38. Slide 38: Industrial Polymer – Valuable Engineering Plastic

    Industrial Polymer – Valuable Engineering Plastic INDUSTRY LEADING TECHNOLOGY TARGET MARKET & APPLICATIONS Fasteners, Clips, Bushes, Plugs, 1st Indian company to commercialize the concept of Cable Ties, Sleeves, Main fold recovery and reuse of polyamide from end-of-life AUTOMOTIVE Developed in-house

  39. Slide 39: Custom Die Forms – Diverse Product Portfolio

    Custom Die Forms – Diverse Product Portfolio PRODUCTS Converts end-of-life tyres to design products used for civil & agricultural applications Custom Die Forms are meant to absorb vibrations in heavy equipment and for insulation against sound GRP – CDF produces these products in collaboration with l

  40. Slide 40: Polymer Composite

    Polymer Composite ABOUT Polymer Composite Products ▪ GRP is the exclusive manufacturer to a US based company for supply of composite products Plastics Additive ▪ The composite products are manufactured from 100% recycled rubber and plastics Rubber ▪ The product is environmentally friendly, strong an

  41. Slide 41: Growth Drivers

    Growth Drivers GRP» IMPACT POSITIVE

  42. Slide 42: We have built Sustainable Business

    We have built Sustainable Business Brand GRP carries with it Upgradation of Process and Cost Effective by replacing 7 Manufacturing Units, 20 Trust of 4 Decades Products through innovation Virgin Rubber Polymer Distributors and 400 Vendors In-house Manufacturing Brand GRP Cost Technology & Effective

  43. Slide 43: Demand drivers for Reclaim Rubber

    Demand drivers for Reclaim Rubber Global Reclaim Rubber Demand Global Reclaim Rubber market is expected to reach USD 6.32 billion by 2025 Global Demand Drivers Global Reclaim Rubber Demand (Kilo Tonnes) ➢ Growing awareness regarding COST - EFFECTIVE and ECO - FRIENDLY alternatives for virgin rubber

  44. Slide 44: With strategic shift towards increasing Reclaim Rubber

    With strategic shift towards increasing Reclaim Rubber To Reduce, Reuse and Recycle the use of fossil fuels and strategic shift towards Reclaim Rubber. By 2050 companies envisages higher use of Recycled Rubber Source: Bridgestone Corporate Site 44

  45. Slide 45: By major tyre manufacturing companies

    By major tyre manufacturing companies Break-Up of Recycled Raw Materials by Type – Our Eco & Safety strategy starts from raw materials We push innovation to FY22 increase bio-based and recycled materials while decreasing fossils A firm believer that innovation should benefit the environment, Micheli

  46. Slide 46: Contact Us

    Contact Us Company : Investor Relations Advisors : CIN: L25191GJ1974PLC002555 CIN: U74140MH2010PTC204285 Mr. Ganesh Ghangurde Mr. Shrenik Shah / Mr. Vatsal Shah Chief Compliance Officer shrenik.shah@sgapl.net / vatsal.shah@sgapl.net ganesh.ghangurde@grpweb.com +91 96647 64465 / +91 8879659884 www.gr

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