Bcl Industries Ltd · NSE:BCLIND
Bcl Industries — Investor Presentation (June 2023)
27 slides from Bcl Industries's investor presentation, Jun 9, 2023
Slide 1: Corrigendum cover letter to stock exchanges
Regd. Office: Hazi Rattan Link Road, Post Box No. 71, Bathinda-151001 Ph.: 0164-2240163, 2240443, 2211628, Fax: 0164-5003638 Website: www.bcl.ind.in Email: bcl@mittalgroup.co.in CIN: L24231PB1976PLC003624 TO TO CORPORATE RELATIONSHIP THE MANAGER, DEPARTMENT BSE LIMITED NATIONAL STOCK EXCHANGE OF FLO
Slide 2: Investor Presentation June 2023
Investor Presentation June 2023
Slide 3: Executive Summary
Executive Summary Company Overview • BCL is a part of the Mittal Group founded in 1976, by Late Shri D. D. Mittal. • Under the stewardship of Mr. Rajinder Mittal, the company has today diversified into a conglomerate of manufacturing and development with business interests spread across a variety of
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company at A Glance
Company at A Glance Consolidated Revenue (INR Mn) 20,012 • BCL Industries Ltd is one of the largest agro processing company in North India with 18,266 business interests in Edible oils, Rice Milling, Grain Based Distillery and Real Estate. 14,592 The company is listed on both NSE and BSE and is one
Slide 6: Board of Directors
Board of Directors Mr. R.C. Nayyar - Chairman & Independent Director IAS (Retired) Mr. Rajinder Mittal - Managing Director • An Indian Administrative Services graduate from 1982 batch and • Commerce graduate and an alumnus of Birla Public retired as Additional Chief Secretary, Government of Punjab.
Slide 7: Our Evolution Since Inception
Our Evolution Since Inception 1976-1980 2006-2010 • 1976- Started with a Solvent Extracted Plant and extracting Oil from Rice Bran. • 2007- Diversified in distillery business. • 1977- Commenced Oil Production • 2010- Installed a new Green Field, Grain-Based Distillery-Ethanol Industry Unit of 100 •
Slide 8: Key Strengths
Key Strengths Four plus decades of The only company End-to-end Technologically Expansion plans Equity Value / rich experience, in India and the manufacturing advanced machines have enabled Balance Sheet size Vertically integrated South Asian region facility from bringing growth and company to is les
Slide 9: Business Overview
BUSINESS OVERVIEW
Slide 10: Distillery
Distillery • BCL is one of the largest grain-based manufacturers of ENA and Ethanol in India having over 40 years of experience in agro processing industry of the leadership team. • The manufacturing facility of the company is a world class integrated distillation plant with a total capacity of 400
Slide 11: Manufacturing Process of Distillery Complex
Manufacturing Process of Distillery Complex Co-generation Plant Process House Distillation Plant Bottling Plant Production Data Distillery Capacity (in KLPD) 1,43,356 By introducing an eco-friendly 700 production and distribution 1,00,336 38,566 92,056 99,217 system in the manufacturing 300 81,583 2
Slide 12: Expansion Plans
Expansion Plans BCL Industries has plans to take up the total group distillery capacity to 850 KLPD over the next two years. West Bengal Expansion: To capitalize on the ENA supply demand deficit scenario of North-Eastern India, BCL installed 200 KLPD state- of-the-art ENA plant at Kharagpur, under i
Slide 13: Growth Drivers
Growth Drivers • BCL has a significant opportunity and advantage to bag additional tenders and further consolidate its position in the Ethanol/ENA Industry through its Kharagpur plant which has fully commenced operations Ethanol Capacity for 200 KLPD capacity and ongoing plant expansion at Bathinda
Slide 14: Edible Oil and Vanaspati
Edible Oil and Vanaspati • The company is engaged in the manufacturing of Vanaspati, Refined Oils, Expelling of Oils from Seeds, De-oiled cakes and Basmati & Para-boiled Rice. • The company has one of the largest integrated oil complex in North India in Bathinda. The oil complex consists of Oil Crus
Slide 15: Flagship Brands
Flagship Brands Revenue Break-Up FY23 • BCL’ s edible oils are sold under brand namely Homecook, offering vanaspati ghee, soyabean oil, mustard oil, sunflower oil, cottonseed oil and rice bran oil. Contract Brand • The company also does contract manufacturing of edible oils for a large player like M
Slide 16: Edible Oil Manufacturing Facilities
Edible Oil Manufacturing Facilities Edible Oil Refinery Chemical refining is done to manufacture refined edible oil, goes through the process of Degumming and neutralisation, Bleaching and Capacity: 200 MT/Day Deodorisation. Utilization: 78% Refined oils are hydrogenated with the help of hydrogen ga
Slide 17: Edible Oil Manufacturing Facilities
Edible Oil Manufacturing Facilities Solvent Extraction Solvent extraction is achieved through the grinding of the seed or cake, purged or washed with petroleum distillate, which Capacity: 300 MT/Day then releases the oil from the seeds. In our unit, we generally extract rice bran oil. DOC is a by-pr
Slide 18: Real Estate
Real Estate • Foraying into the business of real estate was part of risk mitigation strategy and broaden the company’s offerings so as to lessen the vagaries and challenges of the other industries the company is engaged in. • The company has two existing completed projects with a very large realizab
Slide 19: Industry Overview
INDUSTRY OVERVIEW
Slide 20: Indian Distillery Industry
Indian Distillery Industry ADDRESSING AN UNPRECEDENTED OPPORTUNITY ENA • The liquor industry in India is one of the fastest-growing beverage markets globally with an estimated market size of 54.74 billion USD in 2023. • The market is expected to grow at a CAGR of 7.0% between 2023 to 2033 and will r
Slide 21: Indian Edible Oil Industry
Indian Edible Oil Industry Edible Oil Consumption in India Edible oil is sold in India either in consumer packs (5 lt. and less CAGR 25 than 5 lt. pack sizes), bulk packs : - 4% 4% 22 GR: (15 kg tin.) or as loose oil in % CA R: 3 21 tankers or barrels. 19 CAG Due to change in consumer preferences, t
Slide 22: Financial Overview
FINANCIAL OVERVIEW
Slide 23: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 FY23 Total Income* 9,255 14,592 20,012 18,266 Total Expenses 8,623 13,626 18,555 16,963 EBITDA 632 966 1,457 1,303 EBITDA Margins (%) 6.83% 6.62% 7.28% 7.13% Depreciation 135 128 147 250 Finance Cost 148 259 177 198 PBT 349
Slide 24: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,285 1,296 3,160 Share Capital 242 242 242 Capital Work in progress 287 1,663 2,123 Other Equity 2,605 3,
Slide 25: Consolidated Financial Highlights
Consolidated Financial Highlights Total Revenue (INR Mn) EBITDA (In INR Mn) & EBITDA Margins (%) Net Profit (In INR Mn) & PAT Margins (%) 1,457 848 20,012 1,303 18,266 14,592 644 966 9,255 632 422 6.62% 7.28% 7.13% 258 4.24% 3.53% 2.89% 6.83% 2.79% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 F
Slide 26: Capital Market Data
Capital Market Data 50.00% Stock Performance upto 31st March, 2023 30.00% 10.00% -10.00% -30.00% -50.00% Apr, 22 May, 22 Jun, 22 Jul, 22 Aug, 22 Sep, 22 Oct, 22 Nov, 22 Dec, 22 Jan, 23 Feb, 23 Mar, 23 Sensex BCL Price Data (As on 31st March, 2023) Shareholding Pattern (As on 31st March, 2023) Face V
Slide 27: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d