Oricon Enterprises Limited · NSE:ORICONENT
Oricon Enterprises — Investor Presentation (February 2018)
38 slides from Oricon Enterprises's investor presentation, February 2018
Slide 1: Investor Presentation February 2018
Investor Presentation February 2018
Slide 2: Executive Summary
2 Executive Summary Company Overview • Oricon Enterprises Ltd.(OEL) is a 50+ year old diversified conglomorate in to Packaging, Marine Logistics, Real Estate and Petrochemicals. • The company is backed by strong promoters and operated by experienced and professional management. • Market Cap of the c
Slide 3: Oricon At a Glance
3 Oricon At a Glance Focused management team for each Diversified business model Virtually a Zero Long term Debt company business segment Packaging Largest installed capacity Setting up new Plant in Strategic Location of 9 recognized brand across of 19 Bn plastic and metal Orissa for manufacturing m
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
5 Company Overview • Oricon Enterprises Ltd (OEL) a flagship company of Parijat Revenue Breakup (in INR Crs) Enterprises has interests in Marine Logistics, Packaging, Petrochemicals and Real Estate. 58 36 70 71 308 377 • Oriental Containers Ltd (OCL) a wholly owned 100% subsidiary of 81 332 OEL is t
Slide 6: Promoter & Other Key Managerial Personnel
6 Promoter & Other Key Managerial Personnel Mr. Rajendra Somani, Managing Director OEL & OCL Other Board Members • Over 47 years of experience and associated with OCL since inception. • Mechanical Engineer from Mumbai University • Mr. S J Taparia, Independent Director. • Successful track record of s
Slide 7: Business Structure
7 Business Structure ORICON ENTERPRISES Packaging Marine Logistics Petrochemicals Real Estate • OCL is one of the largest • USL provides an end to end • OEL manufactures Pentane • Oricon Enterprises Ltd has player in the business of integrated marine logistics and ISO pentanes. signed a Joint Develo
Slide 8: Packaging Business
8 PACKAGING BUSINESS
Slide 9: Business Overview
9 Business Overview • Oriental Containers Ltd (OCL), a 100% Subsidiary of OEL, is in the business of packaging over the last 5 decades. • OCL is the largest manufacturer of plastic and metal caps & closures in India with an annual installed production capacity of ~ 19 Bn units. • Product Portfolio I
Slide 10: Competitive Edge
10 Competitive Edge Complete range of Metal and Competitive Edge 5 Brands Plastic Caps & Closures Market leader in Indian caps and closures No.1 Industry ~20 Years Of Strong OEM Relationship Strong presence across Globe through 40 Countries exports Manufacturing units at Murbad, Maharashtra 2 Facili
Slide 11: Product Offerings
11 Product Offerings PLASTIC CLOSURES (HIGH GROWTH BUSINESS) Carbonated Soft Drinks Water Application Fruit Juice Brand name: BEVSEAL CSD Brand name: BEVSEAL ALASKA Brand name: BEVSEAL – WF/HF Target Industry: Target Industry: Target Industry: Fruit Juice Carbonated Soft Drink Industry Bottled water
Slide 12: Production Capabilities
12 Production Capabilities Million units p.a. as on March 2017 GOA Facility MURBAD Facility 19,276 9,216 4,500 2,250 1,800 1,250 140 120 Plastic CSD Plastic WF/HF Plastic Alaska Crown Caps ROPP Caps Swage Seals HY Tubes Total Capacity TECHNOLOGY PARTNERS INNOVATION • Haun Chaun, Taiwan for Plastic c
Slide 13: Strategically Located Facilities
13 Strategically Located Facilities • Proximity to Ports – Both facilities are in the vicinity of prominent ports in India, thereby ensuring supply chain efficiencies, quick export fulfilment and best-in-industry input costs. • Proximity to client facilities - Both facilities are Delhi located in th
Slide 14: Strong Customer Base
14 Strong Customer Base Diversified • Comprises of blue chip global companies in food & beverage (F&B), alcoholic beverages, fast moving consumer goods (FMCG) and pharmaceutical industries. • Key customers command leadership position in their respective industries • Coca -Cola – Leader in CSD indust
Slide 15: Expansion Plans
15 Expansion Plans PREFORM MOLDINGS COST OUTLAY OEL is planning to INR 100 Crore expand into manufacturing PET Preform in 2 phases in Orissa which is a Raw material for making PET bottles. Funded from internal Accruals Benefits of Plant in Orissa • Cheapest Power in entire country at around INR 7-8
Slide 16: Awards & Accolades
16 Awards & Accolades OCL has received various awards and recognitions for its contribution to the packaging industry and excellence standards. Select awards & Recognitions include: • Indian Star award for packaging excellence for a record nine times • World Star award from the World Packaging Organ
Slide 17: Industry Overview
17 Industry Overview • The global market for industrial packaging is estimated to be around $52 Bn and is forecasted to reach $61 Bn by 2020 Market Size( in Crores) as on FY17 *CDS- Carbonated Soft Drinks clocking a growth rate of 3.4% per annum. • China, India and other APAC countries will continue
Slide 18: Marine Logistics
18 MARINE LOGISTICS
Slide 19: Business Overview
19 Business Overview Strong Equipment Base • United Shippers Ltd (USL), a 64.29% subsidiary of OEL, a closely held public limited company, incorporated in November,1952 providing integrated marine Logistics services to its clients like Lighterage, Barging, Stevedoring and last mile connectivity thro
Slide 20: Value Chain
20 Value Chain Chartering of Ships Lighterage of Cargo Barging Charter (voyage & time Transfers Cargo onto a Movement of cargo to port chartering of vessels) smaller vessel / barge on barge Transport – Road & Rail Warehousing Stevedoring Last mile transfer of Cargo Warehouse Cargo Unload cargo on po
Slide 21: Geographical presence and Clientele
21 Geographical presence and Clientele Presence across Ports in Sanghipuram Navlakhi Bedi Singach Sikka Bhavnagar Magdalla Dahanu Tuticorin
Slide 22: Indian Market Overview
22 Indian Market Overview • India has a coastline which is more than 7,517 km long, Cargo Traffic at Major Ports (MMT) interspersed with more than 200 ports. Most cargo ships that sail between East Asia and America, Europe and Africa pass through Indian territorial waters. • The government initiated
Slide 23: Evolution of Logistics Sector in India
23 Evolution of Logistics Sector in India Beyond 2014 2000-2014 • Digitization of logistics • Growth in trade volumes services to increase 1990-2000 & regulations has led to transparency resulting in • Limited to outsourcing of emergence of CFS/ICD disintermediation of Before 1990’s transportation a
Slide 24: Initiatives by Government
24 Initiatives by Government Under Sagarmala Programme, 415 Prime Minister projects, at an Narendra Modi Ministry of Government is FDI of up to 100% Increase the estimated initiated – Shipping has planning to under the cargo handling investment of National announced operate all automatic route capac
Slide 25: Petrochem Business
25 PETROCHEM BUSINESS
Slide 26: Business Overview
26 Business Overview • Oricon Enterprises Ltd engages in the business of manufacturing of pentane which is a petrochemical for industrial applications and trading activities. • Types of pentanes manufactured: • Normal Pentane - Used as a specialty solvent for extraction of paraffin from kerosene. •
Slide 27: Industry Overview - Petrochemicals
27 Industry Overview - Petrochemicals • The Global Specialty Chemicals market is expected to reach USD 530.9 Bn by 2022 growing at a CAGR of 6.3% from 2015 World Consumption of speciality chemicals 2016 and 2022. Middle & • The largest speciality chemical segments in 2016 were East Africa, Other, 1%
Slide 28: Real Estate Business
28 REAL ESTATE BUSINESS
Slide 29: Business Overview
29 Business Overview 2 acres at Worli, Mumbai 1 acre at Worli, Mumbai • Joint Development Agreement (JDA) With Indiabulls • The company plans to monetize the land bank Infraestate Limited. located near Four Seasons, Worli in the near future. • Plans to jointly develop the land parcel. JDA with India
Slide 30: Financial Performance
30 FINANCIAL PERFORMANCE
Slide 31: Income Statement-Standalone
31 Income Statement-Standalone Particulars (INR Mn) FY15 FY16 FY17 9M-FY18* Income from Operations 648 576 385 392 Other Income 187 276 128 233 Total Income 835 852 513 625 Operating Expenses 680 594 430 438 EBITDA 155 258 83 187 EBITDA Margin (%) 18.56% 30.28% 16.18% 29.92% Finance Cost 51 98 51 13
Slide 32: Balance Sheet Standalone-IND AS
32 Balance Sheet Standalone-IND AS EQUITY & LIABILITIES (INR Mn) H1-FY18 ASSETS (INR Mn) H1-FY18 EQUITY NON-CURRENT ASSETS Equity Share capital 314 Property, plant & equipment 49 Other equity 4,637 Capital work-in-progress 8 NON-CURRENT LIABILITIES Investment Property 10 Financial Liabilities Financ
Slide 33: Historical Balance Sheet- Standalone IGAAP
33 Historical Balance Sheet- Standalone IGAAP LIABILITIES (INR Mn) FY15 FY16 FY17 ASSETS (INR Mn) FY15 FY16 FY 17 Shareholder’s Fund Non-current assets Share capital 314 314 314 Fixed assets Reserves & Surplus 4,453 4,547 4,596 Tangible Assets 137 109 57 Minority Interest - - - Intangible Assets - -
Slide 34: Income Statement- Consolidated
34 Income Statement- Consolidated Particulars (INR Mn) FY15 FY16 FY17 Income from Operations 10,478 11,650 11,685 Other Income 335 290 483 Total Income 10,813 11,940 12,168 Operating Expenses 9,565 10,684 10,718 EBITDA 1,248 1,256 1,450 EBITDA Margin (%) 11.54% 10.52% 12.41% Finance Cost 159 275 192
Slide 35: Historical Balance Sheet Consolidated IGAAP
35 Historical Balance Sheet Consolidated IGAAP LIABILITIES (INR Mn) FY15 FY16 FY17 ASSETS (INR Mn) FY15 FY16 FY17 Shareholder’s Fund Non-current assets Share capital 314 314 314 Fixed assets Reserves & Surplus 6,003 6,124 6,516 Tangible Assets 6,864 8,297 4,812 Minority Interest 2,479 1,797 1,526 In
Slide 36: Capital Market Data
36 Capital Market Data 40% 35% 30% 25% 20% 15% 10% 5% 0% -5% Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Oricon Sensex SHAREHOLDING PATTERN (AS ON DECEMBER 31st, 2017) PRICE DATA (AS ON DECEMBER 31st, 2017) Face Value (INR) 2.0 Market Price (INR) 59.25 26% 72.
Slide 37: Disclaimer
37 Disclaimer Oricon Enterprises Ltd 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 ar
Slide 38: Thank You
THANK YOU ORICON ENTERPRISES LTD
Oricon Enterprises — Investor Presentation (February 2018) on 6ix