Borosil Renewables Limited · NSE:BORORENEW
Borosil Renewables — Q1 FY21 Earnings Presentation
13 slides from Borosil Renewables's earnings presentation, Aug 20, 2020
Slide 1: Cover letter to BSE and NSE
August 20, 2020 The DC CS - CRD BSE Liimited Natiional Stock k Exchangee of India Ltd. L Corporaate Relationnship Deparrtment Exch hange Plazaa, C-1, Blocck G, 1st Flooor, New Tradding Ring, Bandra Kurla Complex, C Rotunda Building, P. J. Towerrs, Bandra (East), Mumbai M – 4400 051 Dalal Street, Mum
Slide 2: Borosil Renewables Limited
Gujarat Borosil Ltd. Borosil Renewables Limited. 1
Slide 3: Borosil Renewables Limited
Borosil Renewables Limited • Part of the Borosil Group - pioneers in glass manufacturing in India • India’s sole manufacturer of Low Iron Textured Solar Glass • World’s first manufacturer of 2mm fully tempered solar glass • World’s only manufacturer to have successfully made of antimonate free solar
Slide 4: Update on Impact of the COVID-19 pandemic on the business
Update on Impact of the COVID-19 pandemic on the business • The outbreak of Coronavirus (COVID-19) has impacted businesses globally. The Company had to shut down its hot end production lines/furnaces in March 2020 and put them on soak till 23rd April, 2020 in its plant in Bharuch District of Gujarat
Slide 5: Financial Highlights – Q1 FY 21 and Q1 & Q4 FY 20
Borosil Renewables Limited (BRL) Financial Highlights –Q1 FY 21 and Q1 & Q4 FY 20 Particulars Q 1 FY 21 Q 4 FY 20 Q 1 FY 20 FY 20 Growth % QoQ Revenue From Operations (Rs. In Crore) 54.07 94.26 43.82 271.16 23.4% EBITDA (Rs. In Crore) 10.08 21.19 3.70 40.04 172.6% Interest (Rs. In Crore) 2.10 3.01 0
Slide 6: Sunny Outlook for Indian Solar Energy - Strong Govt. initiatives for demand
Sunny Outlook for Indian Solar Energy - Strong Govt. initiatives for demand • Strong Govt. impetus targeting 100 GW installed capacity by 2022 and 300 GW by 2030 under National Solar Mission. • Substantial capacity added after 2014. The total installed capacity as on 31.3.2020 stands at 37 GW. • Gov
Slide 7: Sunny Outlook for Indian Solar Energy - Policy Boost to local production
Sunny Outlook for Indian Solar Energy- Policy Boost to local production • India imposed anti-dumping duty in August 2017 on imports of solar tempered glass imports. Unfortunately, no ADD was imposed by Authority on Malaysian imports despite ascertaining injury to domestic industry. • Govt trying to
Slide 8: BRL - Strong Growth Prospects
BRL- Strong Growth Prospects • Net Sales growth 12.6% CAGR FY14-20 in Solar Business. • New products-thinner glass in 2.5 and 2.8 mm rising in popularity by helping customers reduce cost. Sale of these thicknesses reached 18% of the Company’s sales in 2019-20. 2mm fully tempered glass and 2.5 mm are
Slide 9: BRL's competitive advantage
BRL’s competitive advantage • Market Leadership in Indian Solar Glass Market – Cost competitive with supplies from China/Malaysia except for subsidies in inputs/costs in those countries and incentives on exports. • State of the art manufacturing with strong testing and R&D infrastructure – High degr
Slide 10: BRL offers world's first 2 mm fully tempered glass
BRL offers world’s first 2 mm fully tempered glass. New generation Photovoltaics First in the world ! APPLICATIONS Solar windows Solar car parks Solar rooftops Solar curtain walls
Slide 11: Innovation led - Engineering and R&D Capabilities
Innovation led -Engineering and R&D Capabilities Results Achieved through Passion for Innovation and R&D Antimony free Low Developed technology to manufacture world’s first antimony free low iron textured Solar Glass Iron Solar Glass Prevented use of 250 MT of toxic element antimony per annum
Slide 12: Disclaimer
Disclaimer “This investor presentation has been prepared by Borosil Renewables Limited (“Borosil”) on a strictly confidential basis. Certain statements in this presentation may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward looking statements ref
Slide 13: Thank you
Thank you 12