Mcon Rasayan India Ltd. · NSE:MCON
Mcon Rasayan India — H2 FY2024 Earnings Presentation
33 slides from Mcon Rasayan India's earnings presentation, May 2024
Slide 1: MCON Rasayan India Ltd Investor Presentation – H2 & FY 2024
MCON Rasayan India Ltd Investor Presentation – H2 & FY 2024
Slide 2: Disclaimer
Disclaimer This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Mcon Rasayan India Ltd (“Mcon”, “MRIL”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection
Slide 3: Agenda
01. About The Company 04. Financial Highlights 02. Business Overview 05. Way Forward 03. Industry Overview 06. Annexure 3 Investor Presentation
Slide 4: About the Company
ABOUT THE COMPANY 01 4
Slide 5: Our Company
Our Company MCON Rasayan Ltd is the leading manufacturer and supplier of high-quality construction chemicals and specialty building finishing products to the Indian industry and overseas markets. 100+ 75+ 1500+ Products Distributors Retailers 4 States 3+ 1500+ 15+ Cities Customers Lakh sq. Ft. of in
Slide 6: Our Team
Our Team Mr Chetan Bhanushali Mr Nandan Pradhan Whole-time Director Whole-time Director Mr. Mahesh Bhanushalii ✓ He serves as the Sales Director of Managing Director & Chairman ✓ He is the Executive Director & plays a MCON Rasayan India Ltd. central role in overseeing all aspects ✓ He has been at th
Slide 7: Our Journey (1/2)
Our Journey (1/2) 2008-10 2012-13 2014-15 Formation of Mcon Rasayan as Opens new Semi Automatic Completed 100+ projects in a propietary firm for the plant in Vapi, Gujarat. Mumbai alone. Manufacturing & Sale of Construction Chemicals with its ISO Certification for the Vapi Received the Coveted CE fi
Slide 8: Our Journey (2/2)
Our Journey (2/2) 2016-18 2019-22 2023-24 Started exports to neighboring 1st Company in India to have ISI 1st Company in the field of countries mark for 3 major product Construction Chemicals to get ranges: listed on the NSE. Converted to a India Ltd ❑ Tile Adhesives Company. ❑ Waterproofing Admixtu
Slide 9: Vision & Mission
Vision & Mission VISION MISSION Aims to create a MCON Rasayan Ecosystem wherein To simplify, improve and increase the productivity all the counterpart: customer, vendors, employees, & in construction and infrastructure industry by shareholders reap benefits from the growth engine, providing innovati
Slide 10: Business Overview
02 BUSINESS OVERVIEW
Slide 11: Products Verticals
Products Verticals Powder Products To simplify, improve and increase the productivity in construction and infrastructure industry by providing innovative, easy to use products at affordable prices”. Liquid Products Aim to provide innovative products to the construction industry at affordable prices,
Slide 12: Product Profiling
Product Profiling The Product Range can be defined in a unique way to ensure the utility of the products in various construction activities. 01 - Repair Rehabilitate the Concrete by – Concrete Repairs & Anti Corrosive Systems. 02 - Care for the Concrete – Admixtures & Waterproofing Systems 03 - Deco
Slide 13: Product Portfolio
Product Portfolio Protection & Beautification Basements, swimming 1 4 of External Walls pools, etc waterproofing Product List: 6 Product List: • Ready Mix Mortar (P) • Waterproofing (L) • Wall Finish & Paint (L) • Tile Adhesive (P) • Deco System (P) 3 • Grouting (P) • Eproxy Grout (P) Protection & B
Slide 14: Product Mix
Product Mix % of Total Sales 2% 2% Ready Mix Mortar 3% 2% 6% Tile Adhesive & Grouts Concrete Repair 4% Waterproofing Systems 6% 42% Wall Finish & Paints Deco Floor System 11% Concrete Flooring MAARVEL Series Paints Admixture 21% Engineering Grouts 14 Investor Presentation
Slide 15: Revenue Break-up: FY24
Revenue Break-up: FY24 Building Repair & Retail Govt. Infra Construction Rehabilitation Network Projects 65% 12% 12% 11% (% of Total Sales) (% of Total Sales) (% of Total Sales) (% of Total Sales) 15 Investor Presentation
Slide 16: Plants & Capacity
Plants & Capacity FY24 Further As of 30 As of As on addition in Manufacturing Dec, 1st Apr 01.04.23 March, Units 2023 2024 2024 MTPA Sarigam Phase 1 Phase 2 Powder 2,000 2,800 -- 2,800 Liquid 500 900 -- 900 Ambethi 10% 35% 55% Powder 18,000 24,000 12,500 36,500 Liquid -- -- 8,000 8,000 Chikli Plant
Slide 17: Geographical Presence
Geographical Presence Rajasthan Madhya Pradesh Gujarat Maharashtra 4 States 15+ Cities 17 Investor Presentation
Slide 18: Company Clientele
Company Clientele A few of our many prestigious clients/partners... 18 Investor Presentation
Slide 19: Why MCON?
Why MCON? In-house R&D Department ▪ Gathers feedback from clients & implements it with a team of experienced professionals. ▪ Expansion has been driven by continuous R&D efforts aimed at adapting to the evolving dynamics of the construction and infrastructure industries. Continuous Business Developm
Slide 20: Industry Overview
03 INDUSTRY OVERVIEW
Slide 21: Construction Chemicals Market - India
Construction Chemicals Market - INDIA Major players USD 2.30 Billion 13.44% Market Size - 2024 CAGR USD 4.32 Billion (2024-2029) Market Size - 2029 Market Demand Pushers: • 15% YoY Growth in Rising residential & commercial Residential Sector is Indian Housing sales construction activities and Antici
Slide 22: Financial Highlights
04 FINANCIAL HIGHLIGHTS
Slide 23: Half Yearly & Annual Performance
Half Yearly & Annual Performance Half Yearly Performance – H2 FY24 (YoY) Net Sales Growth EBIT Growth EBITDA Margin 38.2% 140.0% 13.2% EBITDA Growth Net Profit Growth Net Profit Margin 152.1% 147.2% 4.6% Annual Performance – FY24 (YoY) Net Sales Growth EBIT Growth EBITDA Margin 35.7% 100.5% 12.6% EB
Slide 24: Growth Rate
Growth Rate EBITDA (Rs Mn) Revenue from Operations (Rs Mn) 53 9.5 26.8 7.3 14.3 FY20 FY21 FY22 FY23 FY24 421.3 Profit After Tax (Rs Mn) 310.5 22.4 192.2 11.4 89.7 89.8 5 0.9 2.2 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 24 Investor Presentation
Slide 25: Half Yearly Income Statement
Half Yearly Income Statement Particulars (INR Mn) H2FY24 H1FY24 H2FY23 YoY% HoH% FY24 FY23 YoY% Net Sales 248.8 172.5 180.1 38.2 44.3 421.3 310.5 35.7 Total Expenditure 216.0 152.3 167.1 29.3 41.9 368.3 283.7 29.8 EBITDA 32.8 20.2 13.0 152.1 62.4 53.0 26.8 97.5 EBITDA Margin (%) 13.2% 11.7% 7.2% +59
Slide 26: Income Statement
Income Statement Particulars (INR Mn) FY19 FY20 FY21 FY22 FY23 FY24 Net Sales 69.8 89.7 89.8 192.2 310.5 421.3 Total Expenditure 64.3 82.4 80.3 177.8 283.7 368.3 EBITDA 5.5 7.3 9.5 14.3 26.8 53.0 EBITDA Margin (%) 7.9% 8.1% 10.6% 7.5% 8.6% 12.6% Other Income 0.4 0.0 0.2 0.1 0.1 4.2 Depreciation 2.1
Slide 27: Balance Sheet
Balance Sheet Particulars (INR Mn) FY24 FY23 FY22 Particulars (INR Mn) FY24 FY23 FY22 Equity & Liabilities Assets 1. Shareholders' Funds 1. Non Current Assets Share Capital 63.0 63.0 15.0 Property, Plant & Equipment 97.7 11.2 13.4 Reserves & Surplus 93.5 70.7 9.0 Intangible Assets 0.1 0.0 0.0 Capita
Slide 28: Way Forward
05 WAY FORWARD
Slide 29: Way Forward
Way Forward Phase I production commenced in PLANT 01 EXPANSION the new Ambethi Plant. Phase II will start by late end of FY2024. Looking to expand operations in Delhi NCR region and Southern India as well as exploit the TARGET 02 MARKETS surrounding markets of Lucknow, Agra, Kanpur, etc. Company is
Slide 30: Annexure
06 ANNEXURE 30
Slide 31: Our Products
Our Products 31 Investor Presentation
Slide 32: Some of Our Projects
Some of Our Projects Mumbai Gujarat Adani 10 BKC, Global City, Bharat Infra, Sheerji Construction, Nagjua Group, Bandra Virar Kandivali Surat Silvassa Happy Home City, Goregaon Sports Shivaji Park, Vibrant Business Atlantis Group. Matunga Club Mumbai Park, Vapi Nikol, Ahmedabad Pune Rajasthan Goel G
Slide 33: Thanks!
Thanks! MCON Rasayan India Ltd 101/A, Maxheal House, Bangur Nagar, off Link Road, Goregaon West, Mumbai – 400090 Email: info@mconrasayan.com www.mconrasayan.com For further information please contact: KAPTIFY® Consulting Strategy & Investor Relation | Consulting Tel: +91 845 288 6099 Email: contact@