Commercial Syn Bags Limited · NSE:COMSYN
Commercial Syn Bags — Investor Presentation (October 2019)
36 slides from Commercial Syn Bags's investor presentation, Oct 10, 2019
Slide 1: BSE submission letter for Investor Presentation September 2019
C M=iYN Manufactuu & Erporter of FIBC, PP Fahic, Woven Sacks & Tarpaulin Date: lOth October, 2019 cOMSYN/BSE/2019-20 Online Filing at: listing'bseindia'com *t To, The General Manager, I DCS-CRD BSE Limited PhirozeJeejeebhoY Towers Dalal Street Mumbai- 400001(MH) BSEScTipID:COMSYNBSEScripCode:539986
Slide 2: Commercial Syn Bags Limited Investor Presentation September 2019
COMMERCIAL SYN BAGS LIMITED Investor Presentation September 2019
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 (FY19) • Commercial Syn Bags Limited • FIBC (Flexible Intermediate Bulk • The company’s manufacturing units (COMSYN), one of the oldest players Container) constitutes 77% of the are located at
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 • The company focuses on quality and different products like FIBC, Woven Sack customer satisfaction to maintain long term Bags, Tarpaulin, Liners, Garbage Bags, etc. relationship and
Slide 14: Business Overview
BUSINESS OVERVIEW
Slide 15: Products Overview
PRODUCTS OVERVIEW • COMSYN has about 15 packaging products like FIBC (Flexible Intermediate Bulk Container), Asbestos Bags, Container Bags, Garden Bags, Waste Bags, Tarpaulin Tarps, BOPP Bags, Woven Sacks/Bags, PP Fabric, Ground covers, Spiral Tubing and Box Bags. • The company has ISO compliant man
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 Raw Material = I | ty ae Metal Detector Liner Blown Film Plant Y Form it & sealing
Slide 17: Quality Testing
QUALITY TESTING Online Inspection Stage Tensile Testing Experienced quality teams supervise the INSPECTON TRACEBILITY Test of strength and elongation of tape, fabric, webbing production line and have and sewing yarn the authority to stop production and report the matter to QA-Head ON JOB UV Testing
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, Lamination
SPRIRAL TUBING, FABRIC, LAMINATION Application Advantages SPIRAL TUBING It is used in packaging of: • Durability Spiral tubing is just like a roll cover that is used to cover • Rolled carpets and rugs • Size Flexibility – any kind of roll. It has its mouth open which can be • Rubber hose 30 cm to 15
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
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Slide 29: Future Expansion Vision
FUTURE EXPANSION VISION Given that the plastic industry is expected to grow at a rapid pace, the management expanded its SEZ facility by 3,900 MT which is a dedicated food grade facility and has augmented the capacity by 30% in FY18. The current capacity utilisation of this plant commenced in April,
Slide 30: Financial Overview
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Slide 31: Income Statement
INCOME STATEMENT PARTICULARS (INR Mn) FY15 FY16 FY17 FY18 FY19* Q1-FY20 Operational Revenue 1,122 1,172 1,190 1,610 2,067 408 Total Expenses 996 1,034 1,073 1,460 1,814 353 EBITDA 126 138 117 150 253 55 EBITDA Margins (%) 11.23% 11.77% 9.83% 9.32% 12.24% 13.48% Other Income 9 6 20 6 11 5 Depreciatio
Slide 32: Standalone Balance Sheet
STANDALONE BALANCE SHEET PARTICULARS (INR Mn) FY18 FY19 PARTICULARS (INR Mn) FY18 FY19 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non-current Assets (A) Share Capital 118 118 (A) Fixed Assets (B) Reserves & Surplus 361 468 (i) Tangible assets 315 585 (C) Share application money pending allotmen
Slide 33: Growth in Numbers
GROWTH IN NUMBERS REVENUE (INR MN) & EBITDA MARGIN (%) PAT (INR MN) & PAT MARGIN (%) DEBT TO EQUITY (x) 1.2 2500 11.77% 12.29% 14.00% 120 5.42% 11.23% 4.72% 5.03% 6.00% 9.83% 12.00% 100 4.45% 5.00% 1.0 2000 9.32% 3.84% 2,067 10.00% 80 4.00% 0.8 1500 1,610 8.00% 0.6 60 3.00% 6.00% 1000 1,122 1,172 1,
Slide 34: Capital Market Information
CAPITAL MARKET INFORMATION Share Price Data as on 30th June, 2019 60% 40% 20% 0% -20% -40% Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 COMSYN SENSEX Price Data as on 30th June, 2019 INR Share Holding Pattern as on 30th June, 2019 Face Value 10.00 Promoters CMP
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
Commercial Syn Bags — Investor Presentation (October 2019) on 6ix