Uflex Limited · NSE:UFLEX
Uflex — Investor Presentation (June 2019)
55 slides from Uflex's investor presentation, June 2019
Slide 1: Uflex Limited
UFLEX LIMITED India’s largest multinational flexible packaging materials and solution company Manufacturing Globally to serve Locally June 2019
Slide 2: 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 3: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 4: About Uflex
About Uflex Engaged in providing end-to-end flexible packaging solutions to customers viz. packaging design & color scheme, packaging structure, packaging products (value added anti-counterfeiting solutions to prevent look-alikes from eroding the brand equity of our clients world over & filling ma
Slide 5: Characteristics of Flexible Packaging
Characteristics of Flexible Packaging Preserve / Protect / Promote products – Barrier Properties/ Better Aesthetics Lower energy use at all levels of Production/ Transportation/ Disposal Lighter weight with reduction at source Less storage space Ease of transportation & convenience of hand
Slide 6: Business Presence Throughout the Packaging Value Chain
Business Presence Throughout the Packaging Value Chain 6
Slide 7: Flexible Packaging Solutions We Offer
Flexible Packaging Solutions We Offer For : A. Solid Products (5 grams to 40 kg.) B. Semi Liquid Products (10 ml to 1000 ml) C. Liquid Products (65 ml to 1000 ml) 7
Slide 8: Packaging Film Business
Packaging Film Business Properties: Barrier Properties, High Tensile & Dielectric Strength, Thermal & Chemical Stability & Toughness Application: Food Packaging, Electric Insulation, Graphic Arts and BOPET Films Imaging Capacity (TPA): India – 54,000; Dubai – 52,000; Mexico- 60,000; Egypt – 30,000;
Slide 9: CPP and Metallized Films
Properties : Highly Dynamic & Versatile Films with High Gloss, Greater Transparency, Better Heat Salability, Good Twisting Property & Better Tear Strength Application : Retort Packing, Food Wraps, Anti Wraps, Anti Fog, Garments Bag, Deep Freeze Applications etc. CPP Films Capacity (TPA) : India – 4,
Slide 10: Flexible Packaging Business
Flexible Packaging Business Products : Flexible Laminates : Made out of combinations of BOPP, BOPET, VMPET, Flexible VMOPP, BON, CPP, Aluminum Foil, Paper, LDPE/LLDPE/m-LLDPE, HDPE, Laminates, Acid Co-Polymer, Ionomer, Saran Coating, Security Holograms Pouches, Bags, Flexi -Tubes & Pre – Formed Pouc
Slide 11: Packaging & Converting Machines
llOT enabled Converting Machines: Extrusion Coating & Lamination Machine ‘EX LAM 400’ designed with high-line speed of 400 mpm; Solventless Laminator Machine ‘Super S-1300’; and Gearless CI Flexo Printing Press ‘Elisa’ with high automation level making Uflex the first ever Indian company to offer
Slide 12: Group Companies Structure
Group Companies Structure UFLEX LIMITED Overseas Businesses Indian Businesses Packaging Uflex Packaging Inc Uflex Europe Ltd. USA (100% sub.) UK (100% sub.) Cylinders Inks & Adhesives Flex Middle East Flex Chemicals Pvt. Ltd. Holography Noida Dubai (100% sub.) Moscow (100% Sub.) Engineerin
Slide 13: Packaging Manufacturing Facilities & Services
Packaging Manufacturing Facilities & Services India's Largest Multinational Flexible Packaging Materials and Solution Company Uflex has over thirty years of experience in polymer technology. Setting milestones of success and innovation, Uflex is known for manufacturing and supplying products, delive
Slide 14: Packaging Films Manufacturing Facilities & Capacity: India
Packaging Films Manufacturing Facilities & Capacity India BOPET Film Line (3): • 3x6.7 meters each for Biaxially Oriented Polyethylene Terephthalate (BOPET) Film with a combined capacity of 54,000 TPA. • The line produces films for various applications in the thickness range of 9-50 microns BOPP Fil
Slide 15: Dubai Facility
Contd. DUBAI BOPET Film Line (2): • 1x6.7 meter wide High Performance BOPET Film line of 22,000 MT p.a. capacity commissioned in Mar 2005 under Phase 1. • 1x8.7 meter wide High Performance BOPET Film line of 30,000 MT p.a. capacity commissioned in Sep 2007 under Phase 2. • The line produces films fo
Slide 16: Mexico Facility
Contd. MEXICO BOPET Film Line (2): • 2x8.7 meter wide High Performance BOPET Film line of 60,000 MT p.a. capacity commissioned in under April 2009 Phase 1 and July 2011 Phase 2. • The line produces films for various applications in the thickness range of 9-50 microns. • Specialized Films: High Barri
Slide 17: Egypt Facility
Contd. EGYPT BOPP Film Line (1) & CPP Film Line (1): • 1x8.7 meter wide High Performance BOPP Film line of 35,000 MT p.a. capacity commissioned in September,2010 under Phase 1. • The line produces films for various applications in the thickness range of 15-50 microns. • 1x3.0 meter wide High Perform
Slide 18: Poland Facility
Contd. POLAND BOPET Film Line (1): • 1x8.7 meter wide High Performance BOPET Film line of 30,000 MT p.a. capacity commissioned in July 2012. • The line produces films for various applications in the thickness range of 9-50 microns. Metallizer Line (2): • State-of-art metallizer commissioned • Produc
Slide 19: Kentucky Facility
Contd. KENTUCKY BOPET Film Line (1): • 1x8.7 meter wide High Performance BOPET Film line of 30,000 MT p.a. capacity commissioned in Jan 2013. • The line produces films for various applications in the thickness range of 9-50 microns • Specialized Films: High Barrier, High Bond, ‘Asclepius’ Brand 90%
Slide 20: Plant Capacities
Plant Capacities Products India Dubai Mexico Egypt Poland USA Total (A) Main Products Laminates/ Pouches/ Tubes/ Big Bags (TPA) 135,000 135,000 (Flexible Packaging Products) Liquid Packs (Million Packs) 7,000 7,000 BOPET Film (TPA) 54,000 52,000 60,000 30,000 30,000 30,000 256,000 BOPP Film
Slide 21: Uflex's Facilities at Strategic Locations
Uflex’s Facilities at Strategic Locations Poznan, Poland (Packaging Film) Kentucky, USA (Packaging Film) Jammu, India (Packaging) Altamira, Mexico 6th Oct. City, Egypt Noida, India (Packaging Film & Packaging) (Packaging Film) (Packaging Film) Sanand, India (Aseptic Packaging Material for Liquid Pro
Slide 22: Strong Presence at All Major Business Centers
Strong Presence at All Major Business Centers Agents / Distributors Direct Presence 22
Slide 23: Key Customers
Key Customers Key Customers Uflex’s emphasis on product innovation, quality enhancement together with competitive price and just-in-time deliveries makes it preferred vendor worldwide 23
Slide 24: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 25: Vision, Mission & Values
Vision, Mission & Values • VISION “Be a leading company and preferred supplier for providing flexible packaging solutions to customers across the world maximizing value for all stakeholders” • MISSION To meet customers’ dynamic packaging needs by providing innovative, productive, cost-effective, opt
Slide 26: Values
Contd. VALUES Trust & Respect Customer Value Creation Innovation Global Perspective Speed In All Directions Socio-Environmental Sustainability 26
Slide 27: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 28: Corporate Goals & Strategies
Corporate Goals & Strategies A. GOALS: To grow global market share To become preferred vendor for customers To grow revenues, profits and generate free cash flows To increase assets’ efficiencies to enhance return on capital To run business with environmental and social responsibility B. S
Slide 29: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 30: Flexible Packaging Industry
Flexible Packaging Industry Indian Flexible Packaging Industry is growing at 15-17% annually. The increasing demand for flexible packaging products gives strategic advantage to organized players in the domain. The industry provides an ideal opportunity for investment. Rigid Packaging Flexible Packag
Slide 31: Major Players Worldwide
Global flexible packaging industry is growing at 5 - 5.5% annually and expected to grow at least at the same rate in future. Shift to Asian suppliers is due to competitive advantage of Asian countries V/s Western countries on account of better quality, large product portfolio, prompt service and qui
Slide 32: End Use Segments
End Use Segments Flexible Packaging BOPET Films BOPP Films Laminates (Indian Scenario) (Worldwide Scenario) (Worldwide Scenario) 12% 17% 26% 1% 17% 14% 5% 45% 9% 26% 14% 21% 24% 54% 15% Packaging Industrial Electrical Packaging Adhesive Tapes Processed Foods Mouth Freshener Imaging Magnetic Media Pe
Slide 33: Raw Materials for Packaging Films & Packaging Solutions
Raw Materials for Packaging Films & Packaging Solutions • Used as raw material for manufacturing of polyester films, polyester yarn and PET bottles after PTA + MEG intermediary poly condensation process • Used as raw material in the production of polypropylene films Poly Propylene • Three general ty
Slide 34: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 35: Proven Business Strategy & Key Growth Drivers
Proven Business Strategy & Key Growth Drivers Provides complete flexible packaging solution i.e. Packaging Design & colour scheme Packaging Structure Integration Packaging Products Packaging Equipments Flexibility in innovation & product development Large capacities built up at strateg
Slide 36: Distinct Features
Large S & D network on global basis Strong Sales & Entails diversified & valuable customers with global Distribution Network business potential Improves global reach Global Expansion Distinct Strategy Better service to customers Advantages of competitive Features Strong Leadership & Manage
Slide 37: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 38: Major Product Innovations
Major Product Innovations Packaging Film: Packaging Products: Green PET & rPET Film EB Curing Standup Bags & Spot hologram product Direct Emboss able PET Film Single Dose Biodegradable Sachet Antistatic Twistable PET Film High Barrier Laminate for shampoo sachet Special Heat-sealable P
Slide 39: Major Product Innovations (Contd.)
Major Product Innovations (Contd.) Packaging Film: Packaging Products/ Achievements: Melamine Free, Acrylic Coated BOPET ESL Aseptic Flexi-Pouch Machine for packaging Milk & other beverages Film Profile pouch with sonically sealed spout for packing liquids Thinnest AlOx coated Polyester Film
Slide 40: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 41: Corporate Governance
A. Corporate Governance 3 Tier Governance framework with proper delegation of decision making at all levels. • Board & committees • Management committees • Heads of business group & corporate functions Board composition comprises • 5 Independent Directors out of 8 members. One nominee of financi
Slide 42: Management Team
B. Management Team The company has a very strong and experienced management team with proven track record and long association, almost since the inception. Ashok Chaturvedi – Chairman and Managing Director Mr. Ashok Chaturvedi is First Generation Entrepreneur and the Founder Promoter of Uflex Grou
Slide 43: Management Team (Contd.)
Amitava Ray – Whole Time Director Mr. Amitava Ray is an Honors Graduate in Economics & Mathematics from Presidency College, Kolkata and PGDM from Kolkata University. He has been associated with Uflex Group for over 17 years now. He served at Uflex Limited as President & Chief Executive Officer of
Slide 44: Management Team (Contd.)
Apoorvshree Chaturvedi – Director - EU Operations & Sustainability, Uflex Group Mr. Apoorvshree Chaturvedi is the Director of European Union Operations and Head of Corporate Sustainability Actions on ESG and Growth Related Ventures at Uflex Group. He drives worldwide strategic initiatives’ develop
Slide 45: Management Team (Contd.)
P. L. Sirsamkar – President Technical & New Product Development (Films Business) Mr. P.L. Sirsamkar is Instrumentation and Electronics Engineer associated and has been with the Group for over 26 years now. Prior to Uflex, he worked with several reputed organizations like Garware & Polyplex. He has
Slide 46: Management Team (Contd.)
Dinesh Jain – President - Legal & Corporate Affairs Mr. Dinesh Jain is a Post Graduate in Management and Law (Gold Medalist) from Agra University. He has been associated with the Group for over 28 years & rich & rewarding experience of four decades. Mr. Jain is a member of All India Management Ass
Slide 47: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 48: Key Financials - Consolidated
Key Financials- Consolidated UFLEX LIMITED - CONSOLIDATED (INR in MN) 2016-17 2017-18 2018-19 - Total revenues - Domestic 30397 33427 37260 - International 31415 33890 42488 61812 67317 79748 - EBITDA 8989 9026 10075 - Net Profit 3485 3105 3138 - Cash Accruals 6561 6606 7405 - Gross Block 61243 6425
Slide 49: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 50: CSR Initiatives
CSR Initiatives Environmental Sustainability: During the first quarter of the new financial year, we undertook the construction and fencing of four rain water structures in and around the ponds in three villages namely; Mohbalipur, Nagla Shahpur and Dayanatpur of Gautam Budh Nagar District, Uttar Pr
Slide 51: Agenda
Agenda 1. Company Overview 2. Vision, Mission & Values 3. Corporate Goals & Strategies 4. Industry Structure & Developments 5. Proven Business Strategy & Key Growth Drivers 6. Major Product Innovations 7. Governance and Key Management Team 8. Key Financials 9. CSR Initiatives 10. Recent Awards/ Acco
Slide 52: Recent Awards/ Accolades
Recent Awards/ Accolades Uflex winner for Excellence in Sustainable Packaging in the category of ‘Solid Dosage Forms’ for its pharma packaging innovation Alu-Au Laminates at the 4th Annual India Packaging Awards.(May 2019) Uflex Chairman & Managing Director Mr. Ashok Chaturvedi conferred with 'F
Slide 53: Recent Awards/ Accolades (Contd.)
Recent Awards/ Accolades (Contd.) Uflex Authorized “Economic Operator Tier 2” (Importer & Exporter) by Central Board of Indirect Taxes and Customs. (November 2018) Golden Cylinder Award by Gravure Association of the Americas for Haldiram’s Classic Salted Pack. (October 2018) Uflex won Awards 2
Slide 54: Recent Awards/ Accolades (Contd.)
Recent Awards/ Accolades (Contd.) Economic Times Polymers Lifetime Achievement Award to Chairman & Managing Director of Uflex Limited, Mr. Ashok Chaturvedi. (March 2018) 5 World Star Packaging Excellence Awards. (December 2017) 5 IFCA Awards for Excellence in Packaging. (October 2017) 5 Indi
Slide 55: Thank You
THANK YOU To know more, please visit us at www.uflexltd.com