Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — Investor Presentation (2022)
52 slides from Asian Granito India's investor presentation, 2022
Slide 1: Investor Presentation
Investor Presentation Constantly Evolving Luxury Surfaces & Bathware Company
Slide 2: Disclaimer
DISCLAIMER This Investor Presentation has been prepared by Asian Granito India Limited (AGL) and does not constitute a prospectus, letter of offer or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivere
Slide 3: Asian Granito India Limited
Asian Granito India Limited An innovation led constantly evolving Luxury Surfaces and Bathware Company Integrated Product Driven by Strategic Best in Class Infrastructure Portfolio Executions AGL has deployed best in Have built one of the AGL’s history and future class manufacturing broadest portfol
Slide 4: Asian Granito Limited - Quality driven new age Luxury Surfaces and Bathware Solutions Company
Asian Granito Limited - Quality driven new age Luxury Surfaces and Bathware Solutions Company • Incorporated in 1995 as Karnavati Fincap Private Limited and commenced Tiles operations in 2001, Asian Granito Limited (AGL) is a new age luxury surfaces and bathroom solutions 9 32.3 Mn Sqm company headq
Slide 5: A Journey Full of Evolution and Growth
A Journey Full of Evolution and Growth AGL’s Journey is full of evolution, expansions and diversifications presenting the true example of staying relevant, always AGL Group was First Plant of Ceramic Floor Tiles Established vitrified tiles facility Listed on Stock Exchanges. Introduced Commenced pro
Slide 6: Integrated Product Portfolio
Integrated Product Portfolio 6
Slide 7: Largest portfolio of Luxury Surfaces and Bathroom Solutions (1/2)
AGL is having one of the largest portfolio of Luxury Surfaces and Bathroom Solutions under Single Umbrella (1/2) From Flooring to Walls to Countertops to Bathware, AGL provides Solutions for every Space Asian Granito India Limited (AGL) Tiles and Slabs Marble & Quartz Sanitaryware & Fittings Existin
Slide 8: Largest portfolio of Luxury Surfaces and Bathroom Solutions (2/2)
AGL is having one of the largest portfolio of Luxury Surfaces and Bathroom Solutions under Single Umbrella (2/2) From Flooring to Walls to Countertops to Bathware, AGL provides Solutions for every Space 950 2361 116 906 97 530 SKUs SKUs SKUs SKUs SKUs SKUs Ceramic Floor & Wall Polished Vitrified Gla
Slide 9: Amongst the Market Leaders, AGL is the Youngest Player
Amongst the Market Leaders, AGL is the Youngest Player ticking all the segments in Green within Short Span of 20 Years AGL is present across all the segments of Surfaces and Bathware Solutions providing an integrated portfolio to the Customers Particulars AGL Kajaria Somany HR Johnson Varmora Simpol
Slide 10: Stellar Growth
Stellar Growth 10
Slide 11: Growth Superior than Peers
Growth Superior than Peers AGL has positioned itself as highest growing amongst the INR 1,000 Crores+ Listed Players in the Industry 70.0% High Growth Players 60.0% Company Sales CAGR 5 Net Profit Years CAGR 5 Years 50.0% AGL 5.0% 6.1% Kajaria 2.2% 5.0% 5 Years Net Profit Growth % Prism Johnson* 0.8
Slide 12: AGL drove strongly through the pandemic
AGL drove strongly through the pandemic AGL’s delivered highest growth amid pandemic too, thanks to its diversified mix and established network across the globe Y-o-Y Sales Growth in the Pandemic Year FY21 over FY20 Amongst Large Listed Players, AGL was lowest affected by Deadly Second Wave of Pande
Slide 13: Driven by Strategic Executions
Driven by Strategic Executions 13
Slide 14: AGL Enhanced Strategic Integration Programme (ESIP)
AGL Enhanced Strategic Integration Programme (ESIP) A Long Term focused strategic growth acceleration and excellence plan to achieve our vision Global Go-to-market Expansion Long Term Brand Vision Visibility Total Revenue Expansion of Enhancement of INR 6,000 Multi-material Crores Portfolio Innovati
Slide 15: Specific Strategic Pillars in execution of ESIP
Specific Strategic Pillars in execution of ESIP Blend of Manufacturing, Branding and Go-to-Market Initiatives Manufacturing of Value Added In-house manufacturing plant for Innovative SPC Flooring Bathware to expand margins India’s largest Single Roof Wall Tile New manufacturing plant for Large Plant
Slide 16: Additional Manufacturing Infrastructure across existing and new Value Added Products
Additional Manufacturing Infrastructure across existing and new Value Added Innovative Products Near to Short Term is set to witness multiple manufacturing plants from AGL Project GVT Sanitaryware SPC Flooring Quartz New Project Quartz Expansion Wall Tiles AGL Sanitaryware Pvt. Company Future Cerami
Slide 17: Foray into Stone Plastic Composite (SPC) Flooring (1/3)
Foray into Stone Plastic Composite (SPC)- a New Age Innovative Flooring (1/3) Having a Portfolio of Unique Floorings to further expand AGL’s Core Theme i.e. Single Roof Offerings The Product The Opportunity AGL’s Motivation Stone Plastic Composite (SPC), also referred to as solid polymer core, is a
Slide 18: Foray into Stone Plastic Composite (SPC) Flooring (2/3)
Foray into Stone Plastic Composite (SPC)- a New Age Innovative Flooring (2/3) Having a Portfolio of Unique Floorings to further expand AGL’s Core Theme i.e. Single Roof Offerings The Product The Opportunity AGL’s Motivation Global SPC Flooring Market Size (USD Bn) Geographical Breakup of the Global
Slide 19: Foray into Stone Plastic Composite (SPC) Flooring (3/3)
Foray into Stone Plastic Composite (SPC)- a New Age Innovative Flooring (3/3) Having a Portfolio of Unique Floorings to further expand AGL’s Core Theme i.e. Single Roof Offerings The Product The Opportunity AGL’s Motivation 01 02 03 USD 40 Bn market opportunity AGL can leverage its established AGL c
Slide 20: Enhancement of Brand Visibility and Global Go-to-Market Expansion
Enhancement of Brand Visibility and Global Go-to-Market Expansion Brand Visibility Enhancement Further Expansion of Domestic Expand International Presence through New Age Means Touch Points through Strategic Planning • Expand exclusive showrooms • Add new dealerships and • Expand and leverage Social
Slide 21: Well Established Market Reach
Well Established Market Reach 21
Slide 22: AGL's reach covers all the states and union territories across the country
AGL’s reach covers all the states and union territories across the country Touch Company Owned 6,500+ Points 12 Display Centres Distributors, Dealers States and UTs 2,700+ & Sub Dealers 35 Reached Exclusive Countries 299 Franchise 100+ Exports 22
Slide 23: Multi-model approach to reach each corner of the country and across the world
Multi-model approach to reach each corner of the country and across the world AGL has adopted effective blend of Distributor & Dealer Network, Exclusive Franchise Points and Own Display Centres Distributor Dealer Franchise Own Display Network Network Network Centres 67 Distributors 2,700+ Dealers 29
Slide 24: Extensive reach throughout the country through Dealers and Distributors
Extensive reach throughout the country through vast network of Dealers and Distributors Chandigarh, 10 Andhra Pradesh, 107 Dadra and Chattisgarh, 21 Nagar Haveli, 1 Delhi, 33 Tamil Nadu, Assam, 55 Arunachal 231 Pradesh, 4 West Bengal, 140 Uttar Pradesh, Himachal 234 Pradesh, 91 Goa, 12 Telangana, 10
Slide 25: AGL has continuously thrived to expand the retail network over past 10 years
AGL has continuously thrived to expand the retail network over past 10 years Over recent years, AGL has been actively focusing on expanding the retail footprint Presence through Exclusive and Own Touch Points Addition of Distributors, Dealers and Sub-dealers over last 10 Years across the country 500
Slide 26: Marquee Corporate, Institutional and Projects Clientele
Marquee Corporate, Institutional and Projects Clientele 26
Slide 27: State of the Art Infrastructure
State of the Art Infrastructure
Slide 28: Deployment of State of the Art Global Technologies to manufacture the best of Surfaces
Deployment of State of the Art Global Technologies at work to manufacture the best of Surfaces AGL is technologically well equipped through partnering with best in class technology and material providers across the globe AGL AGL AGL Machines Amazoone Crystal Affil Ivanta Dholka Idar Dalpur Ball Mill
Slide 29: Most Innovative and Modern Technology at AGL Group
Most Innovative and Modern Technology coming at Play at AGL Group Adicon Ceramica, AGL’s Associate Concern has installed one of the most advanced renowned technology for Value Added Mega Slabs Key Features of the Plant installed by Adicon: • SACMI Continua+ PCR 2000 version • End to end line from Sp
Slide 30: Technology Adoption and Upgradation
Technology Adoption and Upgradation- AGL has led the Indian Ceramic Story to induct most latest innovations at work For years, AGL has been introducing most latest and unique technologies and products to the industry AGL is highly respected for having many “First Times” in its basket and the trend i
Slide 31: State of the Art Infrastructure
State of the Art Infrastructure Infrastructure has always played one of the most critical role in getting AGL where it is today on the league table AGL Dalpur Plant (Wall Tiles) AGL Dalpur Plant (GVT) AGL Dalpur Plant (Marble & Quartz) Ahmedabad Head Office Mehsana Idar Himmatnagar AGL Dholka Plant
Slide 32: Industry Overview
Industry Overview 32
Slide 33: India's Ceramic Tiles Production
Indian’s Ceramic Tiles Production Over the years, India has delivered consistent performance in production of tiles, ranking at No.2 Position Globally after China India’s Ceramic Tile Production In Past 5 Years, Indian Ceramic Industry has grown at Highest Highest Y-o-Y Growth Delivered in the World
Slide 34: India's Ceramic Tiles Consumption
Indian’s Ceramic Tiles Consumption Not just production, India surpassed Brazil to become 2nd Largest Ceramic Tiles Consumption Country globally after China India’s Ceramic Tile Consumption Over Past 5 Years, Indian Ceramic Tile Consumption has grown Highest Y-o-Y Growth Delivered in the World at Hig
Slide 35: India's Ceramic Tiles Industry
India’s Ceramic Tiles Industry Growing Organisation of the Industry led by government reforms Ceramic Tiles Market Systemic shift from Unorganized INR 38,500 Crore to Organized segment . . . Organized Unorganized INR 18,500 Crore INR 20,000 Crore 51.0% 52.0% 50.0% Listed Majors Unlisted INR 8,500 Cr
Slide 36: India's Ceramic Tiles Exports
India’s Ceramic Tiles Exports Not leaving any stone unturned, India surpassed Spain to become 2nd Largest Exporter of Ceramic Tiles globally after China India’s Pie in Global Ceramic Tiles Exports in CY2020 38%+ CAGR growth in Ceramics exports from India % of World Exports (figures in sq.mt. Mn.) Ot
Slide 37: Fundamental fueling Domestic Demand and Consumption
Fundamental fueling Domestic Demand and Consumption Rapid Urbanisation Rate in India By 2030, 77% of India’s population will comprise of Millennials & Gen Z2 Lower Mid & Upper Mid will together constitute ~78% of population by 2030 4 4 4 3 4 4 3 3 4 3 3 3 3 10 11 3 3 8 Median Age 31 4 3 3 7 5 2 3 6
Slide 38: Recent Key Trends in the Indian Ceramic Tiles Story
Recent Key Trends in the Indian Ceramic Tiles Story Growing Urbanisation resulting into Rising demand for Commercial Real increasing need for new homes in Cities Estate in top cities across the country Rising disposable incomes resulting into Consistent addition of New capacities need for higher sta
Slide 39: Financials
Financials 39
Slide 40: Balance Sheet
Balance Sheet Particulars (INR in crores) Consolidated Standalone FY21 FY20 FY19 FY21 FY20 FY19 Fixed assets 457.3 462.8 471.5 235.8 246.2 231.1 Capital work in progress 24.4 9.4 0.1 0.1 0.7 0.0 Investments 46.3 29.8 27.6 46.7 36.7 54.0 Trade receivables 420.3 374.3 400.2 350.6 336.0 330.5 Inventory
Slide 41: Statement of Profit & Loss
Statement of Profit & Loss Particulars (INR in crores) Consolidated Standalone 9M FY22 FY21 FY20 FY19 9M FY22 FY21 FY20 FY19 Revenue from operations 1,085.4 1,292.3 1,224.5 1,186.7 929.8 1,036.2 1,013.2 1,005.1 Cost of material consumed 206.2 214.6 306.5 326.8 133.5 137.9 173.9 205.1 Purchase of sto
Slide 42: Growing Profitability and Stakeholders' Returns and Declining Debt Levels
Growing Profitability and Stakeholders’ Returns and Declining Debt Levels Debt Equity Ratio (x) ROCE % 0.81 13.4% 12.2% 11.0% 0.65 0.59 10.5% 10.6% 0.46 8.6% 0.40 8.8% 0.33 7.4% 0.20 0.13 Declined due to slowdown led by FY19 FY20 FY21 6M FY22 FY19 FY20 FY21 9M FY22 Second Wave Consolidated Standalon
Slide 43: Quarterly Performance
Quarterly Performance Since outbreak of COVID, AGL was able to recover quickly and posted strong Q-o-Q growth (except during the deadly second wave). On the back of healthy growth in volumes and realisations in Q3 FY22, AGL posted its highest quarterly revenue of Rs. 436.6 crores on a consolidated b
Slide 44: Revenue Segmentation
Revenue Segmentation Consolidated Revenue Segmentation by Product (INR in Cr) Increasing Share of Value Added GVT Products in the overall Tiles Sales Mix 40% 100% 30 0 36 38 31 36% 36% 10 21 24 34% 90% 211 170 35% 32% 268 184 31% 80% 30% 28% 31% 70% 25% 22% 60% 20% 20% 19% 50% 20% 14% 15% 40% 961 10
Slide 45: Net Sales Realisation growing with more Value Added Products
With addition of More Value Added Products, Net Sales Realisation (NSR) has been growing With rising share of Value Added Products in the Overall mix, Shares of Value Added Products pricing is improving over the period (NSR) (GVT, Quartz and Composite Marble) as % of Total Revenue 400.00 25.00% 43.5
Slide 46: AGL Group Structure and Shareholding Pattern
AGL Group Structure and Shareholding Pattern ASIAN GRANITO INDIA LIMITED AGL INDUSTRIES AMAZOONE CRYSTAL CERAMIC AGL GLOBAL TRADE FUTURE CERAMICS AGL SANITARYWARE AGL SURFACES LIMITED CERAMICS LIMITED INDUSTRIES LIMITED PRIVATE LIMITED PRIVATE LIMITED PRIVATE LIMITED PRIVATE LIMITED 100% 97.77% 70%
Slide 47: Thank You
Asian Granito India Limited THANK YOU Office 202, Dev Arc, Opp. Iskcon Temple, S.G. Highway, Ahmedabad- 380015, Gujarat, India 47
Slide 48: Annexures
Annexures 48
Slide 49: Awards & Recognition
Awards & Recognition Art Of Architecture FAAA ISO 9001 2015 & GRIHA Council AGL Gujarat Brand Readers Digest - Trusted IGBC - 2019 Dialogues Ahmedabad 2017 14001 2015 Dalpur JULY - 2019 Leadership Award - 2018 Consumer Brand - 2019 Expert Choice Award Fortune India Next 500 Gujarat Brand Leadership
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