Baheti Recycling Industries Limited · NSE:BAHETI
Baheti Recycling Industries — Investor Presentation (November 2025)
29 slides from Baheti Recycling Industries's investor presentation, Nov 15, 2025
Slide 1: Submission of Investor Presentation to NSE
Date: 15/11/2025 To, The Listing Department, The National Stock Exchange Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (E), MUMBAI – 400051 Dear Sir/Madam, Sub: Submission of Investor Presentation Ref: NSE Symbol BAHETI; ISIN- INE029Q01017 This has reference to Regulation 30(6) read with Par
Slide 2: Baheti Recycling Industries Limited Investor Presentation H1FY26
BAHETI RECYCLING INDUSTRIES LIMITED INVESTOR PRESENTATION H1FY26
Slide 3: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by Baheti Recycling Industries Limited (The “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, an
Slide 4: About Baheti Recycling
ABOUT BAHETI RECYCLING Incorporated in 1994, we are an Aluminium Recycling company, primarily engaged in processing Aluminium based metal scrap to manufacture Aluminium alloys in the form of Ingots and Aluminium de-ox alloys which takes shape of cubes, ingots, shots & notch bars. Our recycled produc
Slide 5: Baheti: At a Glance
BAHETI: AT A GLANCE We are in the business of pioneering Sustainable Metal Scrap and Recycling Solutions. 7+ Decades 10+ 10,323 Rich Industry Experience Industrial Applications Volumes Sold in H1FY26 IATF License 1 Pair 5 Acres of New TRF+Skelner to be Granted in June 2025 Land Parcel installed work
Slide 6: Key Highlights H1FY26
KEY HIGHLIGHTS H1FY26 Bagged an order worth ₹ 50 crores from ArcelorMittal Nippon Steel India Private Limited for the supply of 1,720 metric tonnes of aluminium deoxidants Installed proposed capacity scaled to 38,000 MTPA with ₹10 crores CAPEX per combination of Tilting Rotary Furnace(TRF) and Skeln
Slide 7: From the Promoter's Desk
FROM THE PROMOTER’S DESK With three decades of pioneering sustainable metal recycling, Baheti Recycling Industries Limited has evolved into one of India’s leading aluminium recyclers, trusted by over 150 clients worldwide. We are consistently expanding, now with a new 12,500 MTPA wire rod facility o
Slide 8: Product Portfolio
PRODUCT PORTFOLIO Recycled Aluminium Solutions 01. Aluminium Alloy Ingots 02. Aluminium Notch Bars 03. Aluminium Cubes 04. Aluminium Ingots 05. Aluminium Shots Superior corrosion Temperature-resistant Precision-engineered Dimensional precision High-temperature resistance meets engineering with dimen
Slide 9: Manufacturing Facility
MANUFACTURING FACILITY Where Quality Takes Shape BAHETI’S MANUFACTURING 5 2.5 29,160MT 64% EXCELLENCE Acres of Acres of Production Capacity Total Land Idle Land Available Capacity Utilization 8 1 7 OUR EXISTING MACHINERY Furnaces of Tilting Rotary Electric Furnaces of 300KGs/each Furnace with Skelne
Slide 10: Recycling Process
RECYCLING PROCESS Incoming Raw Material Visual Inspection Container Wise Reporting Pre-Heating Furnace Fluxing Weighment Segregation Melting Preparation Melting of Scrap Drossing Gate-In Inspection Report Filteration Spectro Analysis Degassing Addition of alloying Removing of FE Pouring Approval by
Slide 11: Catalysts for the Next Phase of Growth
CATALYSTS FOR THE NEXT PHASE OF GROWTH IATF Certification New IATF 16949 certification enables direct supply to Tier-1 automotive manufacturers. Capacity Scaling Up Strategic Brownfield Expansion Systematic expansion of Replacing traditional Furnaces with pairs of manufacturing capabilities to meet
Slide 12: Carbon Footprint & EPR
CARBON FOOTPRINT & EPR Managing carbon footprints and Aluminium recycling already fulfilling EPR norms enhances sustainability credentials, attracts Why this emits ~95% less CO₂ than producing primary aluminium ESG-conscious investors, and opens access to green supply Matters making it central to th
Slide 13: 8X Asset Turnover Model
8X ASSET TURNOVER MODEL Superior Capital Efficiency in Manufacturing Introducing New Machinery: One Pair of TRF and Skelner, expected to be live by H2FY26 ₹25 Cr. ₹200 Cr. 8X Machinery + Land Annual Revenue Asset Capex for 1 pair of Tilting Rotary Furnace with Skelner Target from it Turnover (Cost p
Slide 14: Industrial Application
INDUSTRIAL APPLICATION The company has strategized and is well postioned to set up a capacity for Aluminium Wire Rods in FY27 Wires Rod Pursuing aerospace sector certifications and regulatory approvals Aerospace Aerospace through ongoing compliance and due diligence processes. Pistons Pistons Piston
Slide 15: Our Way Forward: Vision 2028
OUR WAY FORWARD: VISION 2028 1 Diversifying our Product Portfolio by addition of new products and verticals in our Core portfolio. This expansion helps us capture new market opportunities while leveraging our existing capabilities and expertise. 2 Scaling up Cash Flows by optimizing operational effi
Slide 16: The Baheti Advantage
THE BAHETI ADVANTAGE Scrap Processing- Manufacturing Excellence The company operates high-quality processing methods utilizing advanced technology to transform raw metal scrap into potent material 02 that is ready to be smelted in Baheti’s furnaces. This process ensures the production of premium alu
Slide 17: High Entry Barrier
HIGH ENTRY BARRIER Clientele Machinery Legacy Financials Compliance Customer Scrap Sourcing Importance of Working Capital Regulatory Relationships Network Legacy, Brand Trust, Intensity and Compliance and Institutional Financial Strain Knowledge Decades-old OEM Globally trusted 7 Decades of High-vol
Slide 18: Our Growth Story
OUR GROWTH STORY First time revenue crossing Baheti Recycling Industries Ltd was 500 crore. Entered into South founded by Late Shri Bansilal Ramkishan India Market. Modernization of Shah. The company used to trade Shifted from 5 small Mr. Yash Shah joined the The company got listed Plants. Added new
Slide 19: Operational Performance
OPERATIONAL PERFORMANCE Particulars FY21 FY22 FY23 FY24 FY25 FY27E Capacity (MT) 12,000 12,000 16,800 29,160 29,160 38,000 Actual Production (MT): - Aluminium Alloy Ingots 4,931 5,925 8,472 10,494 11,576 - - Aluminium Deox 3,194 5,128 6,454 7,849 7,034 - Total Actual Production (MT) 8,125 11,053 14,
Slide 20: Marquee Clientele
MARQUEE CLIENTELE CHEMICALS & MATERIALS ENERGY, POWER & ELECTRICALS ENGINEERING & MANUFACTURING STEEL & METAL DIVERSIFIED AUTOMOTIVE 19
Slide 21: Our Promoters
OUR PROMOTERS Completed Higher Secondary from H. B. Kapadia New High School, Ahmedabad. Have an experience of around 35 years in the metal industry. Mr. Shankerlal Shah He is on the board since inception and currently looks after the overall Chairman & Whole Time management and operation of the comp
Slide 22: Our Board of Directors
OUR BOARD OF DIRECTORS Mr. Manoj Shah Mr. Dheeraj Singhvi Chief Financial Officer Chief Transformation Officer Mr. Shankerlal Bahedia Mr. Devang Patel Chief Administrative Officer QC Head Ms. Ayushi Shah Mr. Atul Sharma Non - Executive Director General Manager: Strategic Sales & Brand Promotion 21
Slide 23: Industry Tailwinds
INDUSTRY TAILWINDS The India Aluminium Scrap Recycling Market is experiencing robust expansion, valued at $3.8 billion in 2024 and projected to reach $11.2 billion by 2034, growing at a CAGR of 10.9%. 10% 10% 10% The Automotive Sector is the most significant driver, accounting for 40% of secondary a
Slide 24: Certifications and Accreditations
CERTIFICATIONS AND ACCREDITATIONS ISO: 45001:2018 ISO: 14001:2015 DUNS Registered International Automotive Task Force IS 617:1994: One Star Export House ISO: 9001:2015 Certification granted in June 2025 23
Slide 25: Our Presence
OUR PRESENCE We currently serve over 25 cities in India and aim to expand our reach to additional cities with a focus on higher tick size. To boost our global presence, we plan to expand our international operations into European countries, including Hungary, Turkey, Germany, and the UK. 24
Slide 26: ESG Practices
ESG PRACTICES Recycling Recycling is the key component of modern waste reduction theory. At BRIL, aluminium scrap is used to produce fine aluminium products. Human Resources We have strong commitment to our employees and our peopleWe have strong commitment to our employees and our people Environment
Slide 27: Profit and Loss
PROFIT AND LOSS (₹ in Crores) H1FY26 H1FY25 YoY % FY25 Revenue from Operations 315.14 257.19 22.53 534.31 Cost of materials consumed 231.98 192.20 - 416.98 Employee Expenses 5.67 2.16 - 5.5174 Other Expenses 12.16 11.59 - 24.24 EBITDA 21.23 16.47 28.94 40.63 EBITDA % 6.74 6.40 - 7.75 Other income 0.
Slide 28: Balance Sheet
BALANCE SHEET (₹ in Crores) Particulars March 2025 March 2024 Equity Capital 10 10 Reserves 49 31 Borrowings 158 102 Other Liabilities 32 21 Total Liabilities 249 165 Fixed Assets 20 10 CWIP 2 8 Investments - - Other Assets 227 147 Total Assets 249 165 27
Slide 29: Get in touch
Get in touch ir@bahetiindustries.com AYUSH DIVECHA | DHVIJ PATEL G12-14, 7th Floor- Commerce Centre, Mumbai- 400034 Email : ir@merlincapital.co.in Contact : +91 81048 55515
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