Commercial Syn Bags Limited · NSE:COMSYN
Commercial Syn Bags — Investor Presentation (September 2020)
36 slides from Commercial Syn Bags's investor presentation, Sep 28, 2020
Slide 1: BSE filing cover letter for Investor Presentation
COM SYN Malllfacturer & Exporterof FIBC,PP Fabric,Woven Sacks & Tarpaulin CO MSYN/BSE/2020-21 Date: zs" September, 2020 Online Filing at: listing.bseindia.com To, The General Manager, DCS-CRD BSE Limited PhirozeJeejeebhoyTowers Dalal Street Mumbai- 40000 I (MH) BSE Scrip ID: COMSYN BSE Scrip Code: 5
Slide 2: Commercial Syn Bags Limited Investor Presentation – September 2020
COMMERCIAL SYN BAGS LIMITED Investor Presentation – September 2020
Slide 3: Executive Summary Company Overview Business Overview
01 Executive Summary 02 Company Overview 03 Business Overview 04 Industry Overview 05 Strategic Overview 06 ₹ Financial Overview 2
Slide 4: Executive Summary
EXECUTIVE SUMMARY Company Overview Revenue Mix Manufacturing Financial Highlights and Distribution Network (FY20) • Commercial Syn Bags Limited • FIBC (Flexible Intermediate Bulk • The company’s manufacturing units (COMSYN), one of the oldest players Container) constitutes more than are located at P
Slide 5: Company Overview
COMPANY OVERVIEW
Slide 6: Company Overview
COMPANY OVERVIEW 1. Commercial Syn Bags Limited (COMSYN), incorporated in 1984 in Indore, Madhya Revenue (INR Mn), EBITDA Margin (%) Pradesh has over three decades of experience in the packaging industry and has a presence in over 25 countries worldwide. 2. The Company is into manufacturing of Flexi
Slide 7: Key Milestones
KEY MILESTONES 1984 1986 1993 2002 2008 2011 • Incorporation of the • Commencement of • Conversion of the • Received ISO • AIFTMA Award for Export • Set up UNIT II company commercial production company from Private 9001:2008 certification excellence 2006-2007 in • AIFTMA Export Promotion • Unit I –
Slide 8: Management
MANAGEMENT Mr. Anil Choudhary - Chairman & Managing Director, Promoter Mr. Virendra Singh Pamecha - Whole Time Director • Post Graduate in Economics, Graduate in Science and Diploma in Marketing Management • WTD since March 26, 2016 and acts as an occupier of the company‘s factories and is from Univ
Slide 9: Awards & Accolades
AWARDS & ACCOLADES AIFTMA Award for AIFTMA Award for Export Excellence for Export Excellence for Recognized by winner in medium winner in medium One of the Top Government of India scale jumbo bags scale jumbo bags Performers in BSE as Two Star Export category for the year category for the year SME S
Slide 10: Industries Catered
INDUSTRIES CATERED Chemical Industry Agriculture Industry Construction Industry Food Industry Pharma Industry Waste Management 9
Slide 11: Global Footprint
GLOBAL FOOTPRINT INDORE, MP Unit I – Indore, MP Unit II – Indore, MP Unit III – Indore, MP SEZ Unit – Indore, MP 10
Slide 12: Manufacturing Facilities
MANUFACTURING FACILITIES The plants are well facilitated with modern machineries and technologies to get a higher output and better quality of finished products. Unit I – Indore, MP Unit II – Indore, MP SEZ Unit – Indore, MP Established immediately after Started in the year 2011, the Started in the
Slide 13: Key Strengths
KEY STRENGHTS Product Diversification Quality Testing, Export Compliant • The product portfolio comprises of about 15 different products like Flexible Intermediate • The company focuses on quality and Bulk Container Bags (FIBC) which are also customer satisfaction to maintain long term called as Jum
Slide 14: Business Overview
BUSINESS OVERVIEW
Slide 15: Products Overview
PRODUCTS OVERVIEW • COMSYN has about 15 packaging products like Flexible Intermediate Bulk Container Bags (FIBC) which are also called as Jumbo Bags, HDPE/PP Tarpaulin, Asbestos Bags, Container Bags, Garden Bags, Box Bags, HDPE/PP Bags, BOPP Bags, Ground Covers, Pond Liners, Mulch Film, Spiral Tubin
Slide 16: Process Flow Chart
COMSYN FABRIC Looms 10 Tepe Plant LohiaLorex ‘Shute 8 shuttle 7Gshutle LAMINATION PRINTING curone 1.4P2, Remecs upto 4 efor automatic » » Load Test = I | ty ae Metal Detector Raw Material Liner Blown Film Plant Y Form it & sealing
Slide 17: Quality Testing
QUALITY TESTING Online Inspection Stage INSPECT TRACEBIL Tensile Testing Experienced quality ON ITY teams supervise the Test of strength and elongation of tape, fabric, webbing production line and have and sewing yarn the authority to stop ON JOB TRAININ TESTING production and report G UV Testing th
Slide 18: FIBC (Flexible Intermediate Bulk Containers)
FIBC (Flexible Intermediates Bulk Containers) • FIBC bag is a customized product. Advantages Types of Loops • FIBC bags are formed through the processing • Convenient material handling solution and of the PP granules (thermoplastic polymer). reduces labour dependency Bag can also be laminated and pr
Slide 19: Tarpaulin
TARPAULIN • COMSYN has the capability to manufacture tarpaulins and plastic sheeting of the highest standards that can meet or exceed the specifications established by the International Technical Committee (ITC), a consortium made up of members from the UNHCR, UNICEF, ICRC, IFRC, OXFAM, MSF and othe
Slide 20: Bags
BAGS Application Advantages Handling and disposing of asbestos is a • As a lining for other • It is heat resistant ASBESTOS precarious process due to its deadly products • Provides insulation BAG consequences. Fibrous asbestos waste is • As a general building board • Useful for partitioning encapsul
Slide 21: Bags / Sacks
BAGS / SACKS Application Advantages BOPP laminated PP woven bags • Packaging of pet food, sugar, • Water resistant features high quality graphics and grains, seeds, minerals, salt • High tensile strength is ideally suited to the retail and chemicals • Available in various dimensions, market. The BOP
Slide 22: Covers / Liners / Films
COVERS/ LINERS/ FILMS Application Advantages Ground Cover (weed barrier, • Agriculture • Endure extended periods of GROUND conservation fabric or weed • Horticulture sunlight block) is an engineered black • Floriculture • Resist insect and wildlife damage COVERS woven polypropylene geotextile • Cons
Slide 23: Spiral Tubing, Fabric, Laminates
SPRIRAL TUBING, FABRIC, LAMINATES Application Advantages SPIRAL TUBING Spiral tubing is just like a roll cover that is used to cover any kind It is used in packaging of: • Durability of roll. It has its mouth open which can be closed after inputting • Rolled carpets and • Size Flexibility – 30 the r
Slide 24: Industry Overview
COMSYN INDUSTRY. OVERVIEW ai
Slide 25: Plastic Packaging Industry Overview
PLASTIC PACKAGING INDUSTRY OVERVIEW Global Plastic Industry • The global packaging industry is USD 700 Bn in size and is expected to be over USD 1 Tn by 2020, while in India the industry Item wise composition of size is placed at USD 32 Bn and is expected to reach USD 73 Bn by FY20 (18% CAGR). India
Slide 26: FIBC
FIBC 1. The global flexible intermediate bulk container (FIBC) market size is projected to grow to End User 813.5 million units by 2021. 2. Growing steadily and taking significant strides since early 2000, the Indian FIBC industry has CAGR 2016-2021 demonstrated its excellence to become one of the l
Slide 27: Key Growth Drivers in Future: FIBC Segment
KEY GROWTH DRIVERS IN FUTURE: FIBC SEGMENT Inherent advantages of FIBC include: • Lower labour and packaging cost Low usage of FIBC in bulk • Space management packaging in domestic market • Product durability • Easy discharge resulting in significant savings in packaging cost of the product • Lightw
Slide 28: Strategic Overview
COMSYN STRATEGIC jf OVERVIEW
Slide 29: Future Expansion Vision
FUTURE EXPANSION VISION Continuous research and development helps its understanding and enables effective response to market and customer needs. Technology upgradation and cost optimization are continuous processes followed by the company and are of key importance to ensure a continuous improvement
Slide 30: Financial Overview
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Slide 31: Income Statement
INCOME STATEMENT PARTICULARS (INR Mn) FY18 FY19* FY20* Q1-FY21* Operational Revenue 1,610 2,067 1,910 350 Total Expenses 1,460 1,810 1,672 304 EBITDA 150 257 238 46 EBITDA Margins (%) 9.32% 12.43% 12.46% 13.14% Other Income 6 11 19 2 Depreciation 40 62 70 16 Finance Cost 26 56 43 8 PBT 90 150 144 24
Slide 32: Balance Sheet
BALANCE SHEET PARTICULARS (INR Mn) FY19 FY20 PARTICULARS (INR Mn) FY19 FY20 EQUITIES & LIABILITIES 586 689 ASSETS 650 781 Shareholder Funds Non-current Assets (A) Share Capital 118 118 (A) Property, Plant & Equipment 595 580 (B) Reserves & Surplus 468 571 (B) Capital work-in-progress 17 139 (C) Othe
Slide 33: Growth in Numbers
GROWTH IN NUMBERS REVENUE (INR MN) & EBITDA MARGIN (%) PAT (INR MN) & PAT MARGIN (%) DEBT TO EQUITY (x) 2500 12.24% 12.46% 14.00% 120 5.47% 5.97% 7.00% 0.9 0.8 2000 9.83% 9.32% 12.00% 100 6.00% 0.7 2,067 4.45% 0.6 3.84% 10.00% 5.00% 1500 1,910 80 0.5 4.00% 1,610 8.00% 60 0.4 6.00% 3.00% 1000 1,190 4
Slide 34: Capital Market Information
CAPITAL MARKET INFORMATION Share Price Data as on 30th June, 2020 20% 10% 0% -10% -20% -30% -40% Jan-20 Feb-20 Mar-20 May-20 Jun-20 BSE Comsyn Price Data as on 30th June, 2020 INR Share Holding Pattern as on 30th June 2020 Face Value 10.0 Promoters CMP 50.8 58.04% 52 Week H/L 60.0/ 36.1 Market Cap (
Slide 35: 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
Slide 36: Thank You
THANK YOU
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