Srf Limited · NSE:SRF
Srf — Investor Presentation (November 2010)
30 slides from Srf's investor presentation, November 2010
Slide 1: SRF An Introduction
XO SRe We always find a better way SRF An Introduction
Slide 2: Our pride associations
Our pride associations A winner of the prestigious Deming Application Prize A legacy of more than 100 years – lineage of Sir Shri Ram & Dr. Bharat Ram Chairman – Mr. Arun Bharat Ram, former President of CII Promoters of The Lady Shri Ram College & The Shri Ram School Chairman Deming Applicat
Slide 3: SRF – at a glance
SRF – at a glance Business A multi-business manufacturing entity Products Industrial intermediates Countries India, Thailand, UAE and South Africa present Plant Locations 12 (nine in India) Turnover Rs. 2500 crore ($ 550 million) Workforce 4000 globally Exporting to 75 countries 3
Slide 4: Our business profile
Our business profile SRF TTB CB PFB EPB P-R&D TTB – Technical Textiles Business CB – Chemicals Business PFB – Packaging Films Business EPB – Engineering Plastics Business P-R&D – Projects & R&D 4
Slide 5: Present in four countries
Present in four countries Bhiwadi Pantnagar Kashipur Gwalior Dubai Dahej Thailand Indore Thailand Trichy Business TTB Manali CB Port Elizabeth Gummidipoondi PFB EPB 5
Slide 6: Corporate leadership team
Corporate leadership team Mr. Arun Bharat Mr. Ashish Bharat Mr. Kartikeya Bharat Ram Ram Ram Dy Managing Director Chairman Managing Director Mr. Rajdeep Anand Mr. Roop Salotra President & CEO (Projects & President & CEO (CB & PFB) R&D) Mr. Sushil Kapoor Mr. Suresh Dutt Mr. Rajendra Prasad President
Slide 7: Our aspiration
Our aspiration We aspire to achieve global leadership by continuously enhancing organizational and people capability, developing innovative products and processes that satisfy customers and attaining challenging benchmarks in productivity. 7
Slide 8: Our journey…
Our journey… 1995 Packaging Films 1990 Shri Ram Fibres renamed as SRF 1989 Refrigerant s 1986 Coated Fabrics 1983 Belting Fabrics 1979 Engineering Plastics 1977 Fishnet Twines 1974 Nylon Tyre Cord 1970 Incorporation of Shri Ram Fibres 8
Slide 9: Market leadership – our standing
arket leadership – our standing Belting fabrics Global No. 2 Nylon 6 tyre cord fabric Global No. 2 Tyre cord Domestic Market Leader Refrigerants Domestic Market Leader Belting fabrics Domestic Market Leader Fishnet Domestic Market Leader Packaging Films Domestic No. 2 9
Slide 10: Segmental revenues
Segmental revenues TTB – Technical Textiles Business CB – Chemicals Business PFB – Packaging Films Business EPB – Engineering Plastics Business 10
Slide 11: SRF Consolidated - financials
SRF Consolidated - financials (in Rs. Crore) 2579 2045 1705 699 477 393 341 324 218 198 135 140 Sales EBIDTA Profit Before Tax Profit After Tax 2007-08 2008-09 2009-10 11
Slide 12: SRF Financials – Key Ratios
SRF Financials – Key Ratios Ratio - Debt/Equity - Debt/EBIDTA 4.00 3.50 3.42 3.00 2.50 2.33 2.00 1.50 1.62 1.23 1.24 1.37 1.00 0.89 0.89 0.50 0.63 0.59 - 2005-06 2006-07 2007-08 2008-09 2009-10 Debt/Equity Debt / EBIDTA 12
Slide 13: SRF Financials – Key Ratios
SRF Financials – Key Ratios Financials - Dividend Payout Ratio 60% 50% 52% 40% 30% 29% 31% 20% 21% 16% 10% 0% 2005-06 2006-07 2007-08 2008-09 2009-10 Dividend Payout Ratio 13
Slide 14: SRF Financials – Key Ratios
SRF Financials – Key Ratios Earning Per Share 60.00 53.62 50.00 43.65 40.00 30.00 20.00 19.84 22.08 15.91 10.00 - 2005-06 2006-07 2007-08 2008-09 2009-10 EPS 14
Slide 15: Touching your life everyday
Touching your life everyday Industrial Packagin Yarn g Films Refrigeran ts Tyre Cords Engineerin g Plastics 15
Slide 16: Product range
Product range TTB CB PFB EPB Tyre Cords Refrigerants PET Films Engg. Plastics Coated Fabrics Chloromethanes Holographic Films Belting Fabrics Fluorospecialities Metallised Films Industrial Yarns 16
Slide 17: Diverse applications
Diverse applications TTB CB PFB EPB 17
Slide 18: Creating value through R&D…
Creating value through R&D… Proven capability in ‘process development to commercialisation’ Wide range of field of research - from nano technology to new- age processes and product development Developed indigenous technology for production of HFC 134a Holds process patent for HFC-32 by the US
Slide 19: Technology driven company…
Technology driven company… R&D, an integral component of business strategy dedicated R&D centres for core businesses equipped with state-of-the-art equipment a pool of qualified & experienced scientists and engineers (drawn from India’s premier academic institutes) collaborating with a numbe
Slide 20: Building capabilities…
Building capabilities… Built around people, processes and systems Creating the right environment – well-being, fun, excitement Overall development – challenging assignments, focus on competency building and domain expertise Unleashing potential – Learning, Education & Training 20
Slide 21: … TQM - the SRF way
… TQM - the SRF way Businesses united through a common management system Our work ethos - ‘People satisfy customers efficiently’ - Build Quality into the process - Focus on ‘continuous improvement’ - People participation through systematic approaches - Robust planning and execution 21
Slide 22: Invested Rs. 1250 cr in last 4 years
ested Rs. 1250 cr in last 4 years 2007 2nd Compounding Unit plant (Pantnagar) - EPB 2008 15 MW Wind Power Farm - TTB 2009 Polyester Industrial Yarn - TTB 2009 2nd line of BOPET Film - PFB 2010 PET Polymerisation Plant - PFB 2010 Laminated Fabric Project - TTB 22
Slide 23: Leading the way…
Leading the way… The only tyre cord company outside Japan to have won the prestigious Deming Application Prize The first to introduce Spin Draw and Converter Dipping in tyre cord business in India The only company in India to have ventured into manufacturing Polyester Industrial Yarn/ Fabric f
Slide 24: Business benchmarks - snapshots
siness benchmarks - snapshots Pioneered replacement of rayon with Nylon 6 tyre TTB cord Pioneered replacement of cotton with Nylon 6 in bicycles Entire range of textile reinforcement The only Indian manufacturer of HFC 134a CB Leading exporter of refrigerants from India Partnering with leading
Slide 25: Miles to go…
acquisitions in India, 2 overseas SRF purchases two businesses of 2009 SRF Polymers - EPB and IYB Miles to go… 2008 Industex Technical Textiles (Pty) Ltd - belting fabrics, South Africa 2008 Thai Baroda Industries Ltd. (TBIL) – nylon tyre cord, Thailand 2000 Dupont Plant - nylon tyre cord Gummidipoo
Slide 26: Awards & recognitions
Awards & recognitions 2005 Responsible Care Logo 2006 Greentech Safety Platinum Award 2007 Greentech Environment Excellence Platinum Award 2009 ILO Recognition for creating awareness on HIV / AIDS Deming Application CII-ITC Sustainability Prize Award 2008 – Strong Commitment 2004 – Tyre Cord Busines
Slide 27: Community partnerships
Community partnerships Focus areas Education Health Care - HIV AIDS Natural Resource Management Affirmative Actions 27
Slide 28: SRF Foundation
SRF Foundation Advocating quality education Rural Education Programme - Adopted 40 schools in Mewat district, Haryana - Impacting lives of 16000 children Shri Sambandh - Academic Consultancy Services Vocational Educational & Trg Prg - Adopted 40 schools in Mewat district, Haryana - Impacting lives o
Slide 29: We believe in
We believe in sustainable through ‘total growth excellence’ 29
Slide 30: Thank You
XD SRE We always find a better way Thank You