Slide 1: Corporate Presentation
Leader in Lifestyle Kitchen Products Advancing through Innovation. Progressing through Expansion. Corporate Presentation May 2022
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Acrysil 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,
Slide 3: Vision & Mission
Vision & Mission Vision Mission Core Values ▪ To go beyond customer satisfaction by manufacturing ▪ Creativity To be the leading global player in high-quality products and providing excellent service ▪ Passion Kitchen and Bath segment ▪ Precision ▪ To keep up with the latest trends in technology ▪ D
Slide 4: Company Overview
Company Overview
Slide 5: Numero Uno Position
Numero Uno Position Only Introduced Certification for Manufacturer with Schock PVD Technology for Technology (Germany) Steel Sinks ISO 9001:2015, ISO 14001:2015 In Asia in Quartz Sink ISO 45001:2018 PAN India presence Quartz Sink Capacity Exports ~ 1,500+ dealers, 840,000* sinks per annum 55+ countr
Slide 6: Promoters of the Company
Promoters of the Company Late Shri. Ashwin Parekh, Founder • Late Shri Ashwin M. Parekh, the Chairman Emeritus, was the Founder of Acrysil and laid the groundwork for the organization’s rich legacy of success, trust and consistency • Started as a manufacturer of quartz kitchen sinks, Acrysil grew un
Slide 7: Acrysil – Over the Years
Acrysil – Over the Years 2022 Acrysil started its first Acquisition of Launched 2021 Tickford international Kitchen subsidiary in Orange Appliances in Limited, Germany – the Domestic 2020 Commenced holding Acrysil GmbH. Market under supplies of Quartz sinks to company of its the brand operating Star
Slide 8: Board of Directors
Board of Directors Mr. Chirag A. Parekh Mr. Jagdish R. Naik Chairman and Managing Director Independent Director He graduated from premier ' European University’ A Chartered Accountant, was a partner of a reputed Accounting firm - M/s After joining the company in 1993, he successfully steered it to b
Slide 9: Our Core Team
Our Core Team Anand Sharma Neha Poddar Manish Thakkar Mitesh Chauhan CFO & COO Company Secretary Sr. Vice President Vice President (Exports) (Operations) Jairaj Nair Shrenik Chopra Pradeep Trivedi Sayali Raorane VP (Sales & Marketing) Vice President HR Head Corporate HR Manager Domestic Business (In
Slide 10: Product Portfolio
Product Portfolio Sinks Kitchen Appliances Product Segment Bathroom Suite Bath Fittings 10
Slide 11: Sinks
Sinks
Slide 12: Only Company to make Quartz Sinks in Asia with German Technology
Only Company to make Quartz Sinks in Asia with German Technology Only Company Different Models Plant Capacity Many Outlets in Asia The only company in Asia and 4 plants having a combined Developed more than 150+ The brand is available in among a few companies capacity of 8,40,000* models to cater to
Slide 13: Stainless Steel Sinks – Quadro Sinks the Focus Area
Stainless Steel Sinks – Quadro Sinks the Focus Area Stainless-Steel Sinks Contribution: 14% to Consolidated revenue * Production Capacity 90,000 sinks per annum^ Target Market for Quadro (Designer) Sinks Caters to high end segment who are willing to pay a premium for superior quality, design and fin
Slide 14: Kitchen Appliances
Kitchen Appliances 000
Slide 15: Kitchen Appliances – Multifold Growth Opportunity
Kitchen Appliances – Multifold Growth Opportunity Chimneys Dish Washer Cook Tops Built in Ovens Product Portfolio Wine Chillers Cooking Range Micro Wave Owens Currently Hoods contributing ~5% to the Revenue* Manufacturing and Trading of Poised to become a significant player in the Appliances overall
Slide 16: Bath Segment
Bath Segment
Slide 17: Bath Segment – Synergetic Move to Leverage Quartz Technology
Bath Segment – Synergetic Move to Leverage Quartz Technology FUNDAMENTALS OF THE BUSINESS ▪ Brand owned by Acrysil’s Wholly owned Product Range of Subsidiary in Germany, Branding Synergy Innovation Achievements Details Products ‘Acrysil GmbH’ Synergy in Quartz Developed full ▪ 60+ Showrooms & SIS St
Slide 18: Business Model
Business Model
Slide 19: Moulds an Integral Part of Manufacturing Process
Moulds an Integral Part of Manufacturing Process Input Processing Output Purchase of Moulds All the Moulds are imported Production Capacity 840,000* units per annum Variety of Moulds ▪ Has more than 150 moulds Place: Bhavnagar, Gujarat ▪ 400+ SKU’s Made to Order Life of Moulds Made as per the custom
Slide 20: Domestic Presence - Strengthening of our Brands
Domestic Presence - Strengthening of our Brands Dealer Network 1500 1500 1500 1500 1300 1200 800 550 400 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Distributor Network 80 82 82 82 82 ARABIAN BAY OF 60 65 SEA BENGAL 45 30 Sales Distributor 2013-14 2014-15 2015-16 2016-17
Slide 21: Products with Global Standards sold in 55 Countries
Products with Global Standards sold in 55 Countries Company presently exports to over 55+ countries. Plan to expand further by acquiring new customers and penetrating in new geographies Map not to scale. All data, information and maps are provided “as is” without warranty or any representation of ac
Slide 22: Presence in UK through Acrysil Products Ltd.
Presence in UK through Acrysil Products Ltd. (formerly known as Homestyle Products Ltd.) Acrysil holds 100% in Homestyle Products through Acrysil UK Limited The name of Homestyle Products Limited has been changed to Acrysil Products Limited Products sold under Acrysil Products Ltd. Revenues (Mn. GBP
Slide 23: Acrysil UK Acquires Tickford Orange Limited
Acrysil UK Acquires ‘Tickford Orange Limited’, holding company of its operating subsidiary ‘Sylmar Technology Limited’ The acquisition is a natural and strategic fit for Acrysil and will catapult the Company into new orbit of growth Acquisition Revenues (Mn. GBP) Covid Impact 14.0 13.9 12.3 10.9 Ove
Slide 24: Our Distribution Model
Our Distribution Model International Domestic Strong Foothold in India STRATEGIC Acquisition of Significant Presence in UK Homestyle Products Limited 1,500+ Dealers 75+ Franchise 80+ Galleries Market (now known as Acrysil Products Shop Limited - A kitchen products distribution company) 82+ Distribut
Slide 25: Industry Overview
Industry Overview
Slide 26: Industry Overview
Industry Overview Factors Paving way for the Industry The global market for kitchen sinks was valued at USD 3.1 billion in ▪ Rising Consumer Aspirations 2020 and estimated to witness a ~5 Million Units ▪ Increase in spending on home improvement products CAGR of 4% over 2021-2030 ▪ Home improvement t
Slide 27: Multiple Growth Drivers
Multiple Growth Drivers Strong Distribution Network Strengthen the Distribution network by tie up with Homestyle and Short Term plan to add new 100 galleries and 34 more distributor ACHEIVED Branding & Technology Focused on capturing the Brand Mindspace of niche Consumers Growth Huge Product Range D
Slide 28: Partnership Paving the way forward
Partnership Paving the way forward Marquee Clients • The role of partnerships act as the catalyst in • Entered into partnership with IKEA Supply AG, leveraging market presence and delivering Switzerland, in August 2020 for manufacturing unique products and supplying Quartz Kitchen Sinks • Acrysil ha
Slide 29: Pillars of Integrated Business
Pillars of Integrated Business Manufacturing Facilities & Distribution Network Brand Product Basket Technology & Gallery • Quartz Sinks: 8,40,000 pa* , • The acquisition of 100% stake • Brand promotion on TV and in Stainless Steel : 90,000 pa and in a distribution company : • Offers a wide range of
Slide 30: Awards & Certifications
Awards & Certifications FGI’s Award for ‘Best Exports IPF Fastest growing Manufacturing Performance & Promotion’ Company Award 03 04 If Design Award to Sternhagen SaniQ kristall Certificate for ‘Best CSR wash basin 02 05 practices’ by Rotary Club Award Certificate for 01 06 Manufacturing Innovation
Slide 31: Marketing campaign for 'Carysil' Brand
Marketing campaign for ‘Carysil’ Brand ➢ Acrysil has signed Bollywood celebrity ‘Vaani Kapoor’ for new marketing campaign #TheHeartofMyHome for its ‘Carysil’ Brand ➢ Under the ‘Carysil’ brand, company sells lifestyle kitchen sinks and built-in appliances ➢ Campaign #TheHeartofMyHome unveils a new ra
Slide 32: Financial Highlights
Financial Highlights
Slide 33: Consistent Growth
Consistent Growth Rs. Crores Total Income EBITDA 492 116 +22.1% +34.4% 316 72 252 280 197 51 181 41 26 26 FY17 FY18 FY19 FY20 FY21* FY22* FY17 FY18 FY19 FY20 FY21 FY22^ PAT After MI Cash PAT After MI 65 83 +51.9% +43.4% 39 52 34 22 26 17 19 8 12 14 FY17 FY18 FY19 FY20 FY21 FY22 FY17 FY18 FY19 FY20 F
Slide 34: Improving Return Ratios
Improving Return Ratios Return on Capital Employed (%) Return on Equity (%) +710 bps 24.0% 28.9% 21.8% 21.3% 20.7% 16.9% +2180 bps 20.2% 16.4% 14.5% 13.2% 10.3% 7.1% FY17 FY18 FY19 FY20 FY21 FY22 FY17 FY18 FY19 FY20 FY21 FY22 34
Slide 35: Revenue Mix
Revenue Mix Geography-wise Revenue Product-wise Revenue FY22 Export 20% Domestic 80% 9% 77% 14% 5% 95% Quartz Sink Steel Sink Appliances & Others Strengthening ‘Carysil’ Brand 35
Slide 36: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crs.) FY22 FY21 FY20 FY19 FY18 FY17 Revenue 483.9 309.7 276.2 251.6 196.5 181.0 Gain / (Loss) on Foreign Exchange 8.5 5.8 - - - - Total Income 492.4 315.5 276.2 251.6 196.5 181.0 Raw Material 209.5 141.8 137.4 129.3 82.6 69.5 Employee Expenses 29
Slide 37: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. Crs.) 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17 Non-current assets 245.8 170.3 138.8 126.7 117.5 104.3 Property Plant & Equipment 168.3 121.2 97.8 94.2 87.2 74.7 Right to use of assets 12.3 5.0 1.4 - - - Goodwill 23.9 23.9 23.9 23.5 23.5 22.9
Slide 38: Consolidated Balance Sheet
Consolidated Balance Sheet Liabilities (Rs. Crs.) 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17 Total Equity 256.9 194.0 160.2 136.5 119.6 113.6 Share capital 5.3 5.3 5.3 5.2 5.2 5.2 Other Equity 248.4 186.1 152.5 127.7 113.1 106.5 Money received against Share Warrants - - 0.0 2.1 0.0
Slide 39: Regular Dividend Payout
Regular Dividend Payout Dividend 21.2% 22.8% 27.8% 21.7% 18.1% 14.3% 13.6% 9.9% Payout (excl. DDT) 24.3 21.9 18.9 18.0 14.7 8.4 6.6 5.0 5.0 4.6 4.0 2.0 2.4 1.0 1.2 1.2 2015 2016 2017 2018# 2019# 2020# 2021# 2022# EPS DPS The Board of Directors have recommended a final dividend of Rs. 1.20 per equity
Slide 40: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : CIN: L26914MH1987PLC042283 CIN: U74140MH2010PTC204285 Mr. Anand Sharma - CFO Mr. Rahul Agarwal/ Ms. Khushbu Shah cfo@acrysil.com rahul.agarwal@sgapl.net/ khushbu.shah@sgapl.net +91 9821438864 / +91 9820601181 www.acrysil