Ganesh Benzoplast Limited · NSE:GANESHBE
Ganesh Benzoplast — Q1 FY2025 Earnings Presentation
33 slides from Ganesh Benzoplast's earnings presentation, Aug 21, 2024
Slide 1: Stock exchange filing cover letter
August 21, 2024 To The General Manager, The Manager, Department of Corporate Services – Listing Department Corporate Relations Department, National Stock Exchange of India BSE Limited, Limited Pheeroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C/1, G-Block, Bandra Ku
Slide 2: Ganesh Benzoplast Limited Investor Presentation August 2024
Ganesh Benzoplast Limited Investor Presentation |AUGUST 2024
Slide 3: A Leading End-to-End Solutions Provider In Liquid Logistics
A Leading End-to-End Solutions Provider In Liquid Logistics … • Leading independent Tank Storage Provider Liquid Storage Tanks (LST) • Total Installed Capacity of 3,52,000 KL CONSO CONSO (Q1FY25) (Q1FY24) • Presence at JNPT | Cochin | Goa Liquid Logistics • Rich Experience in Tank Fabrication & Pipe
Slide 4: Joint Venture for New LPG Terminal at JNP
Joint Venture for New LPG Terminal at JNP Ganesh Benzoplast Limited (GBL) and BW Confidence Enterprise Pvt Ltd. (BWC) has entered into a Joint Venture GBC LPG PRIVATE and Share Subscription agreement (SSA) on dated November 30, 2023 for jointly operate the Company (GBC LIMITED LPG) to develop and op
Slide 5: Recent Fund Raising by Company
RECENT FUND RAISING BY COMPANY Malabar India Fund Limited (MIF) recently invested Rs. 27.20 Crores in the company by subscribing 17 Lac MALABAR INDIA equity shares at a Issue Price of Rs. 160/- per share. MIF is Category I Foreign Portfolio Investor (FPI) and FUND LIMITED presently holds 4.95 % equi
Slide 6: Ganesh BenzoPlast Limited – Company Overlook
Ganesh BenzoPlast Limited – Company Overlook Ganesh Benzoplast Limited Liquid Storage Terminal Division Chemical Division Storage Tanks : JNPT + Cochin + Goa Chemical Plant : Tarapur GBL Chemical Infrastructure GBL LPG Infinity GBL Clean Energy Limited (WOS) Private GBL Infra Logistic Systems Confid
Slide 7: With A Journey Of Almost Three Decades in LST
... With A Journey Of Almost Three Decades in LST GBL ventures into Diversified to LST Ethanol & Extra neutral business with Liquid Alcohol manufacturing In storage tank facility Allotted Additional Nashik, with Golden Agri initially at JNPT and Land For 25 Years At International Ent. Pte Ltd, then
Slide 8: Strong Management Team To Lead the Company - Promoters
Strong Management Team To Lead the Company - Promoters Image Image Required Required Ramesh Pilani Rishi Pilani Founder & CFO Chairman & MD o Chemical Engineer, Masters o B-Tech in Chemical in Industrial Engineering, Engineering ~47 years of Masters in Finance with~20 experience in Chemical & years
Slide 9: Strong Management Team To Lead the Company - Directors
Strong Management Team To Lead the Company - Directors Image Image Required Required NN Kumar Ramesh Punjabi John Joseph Independent Director Director Independent Director o Associated with the o Associated with the o Appointed as new company since 2020 as an company since inception Independent Dire
Slide 10: Strong Management Team To Lead the Company - Directors
Strong Management Team To Lead the Company - Directors Image Image Required Required G L Kundalwal Shyam Nihate Jagruti Gaikwad Independent Director Executve Director Independent Director o Appointed on the Board on o Appointed on the Board on April 21, 2023 as Additional Director- o Associated as I
Slide 11: Liquid Storage Tanks (LST) Division
Liquid Storage Tanks (LST) Division 10
Slide 12: Leading LST Player With Diversified Liquid Handling Capabilities
Leading LST Player With Diversified Liquid Handling Capabilities … LST division provides storage tanks which are leased on rent for storing liquid chemicals, acids, phenol, oil products, edible oils & specialty chemicals LST DIVISION REVENUE (CONS.) (INR Mn) Liquid bulk storage capacity of 3,52,000
Slide 13: Coupled with a Wide Range Of Services At The Terminal
… Coupled with a Wide Range Of Services At The Terminal Storage Bunkering Barging Blending Drum Filling Providing liquid storage tanks, Fuel supply bunkering services A complimentary business Blending of products (Air ~100 containers monthly of handling & loading service of while maintaining product
Slide 14: Established Presence at Major Sea Ports
Established Presence at Major Sea Ports JNPT COCHIN GOA Year of Establishment 1996 1999 2000 Tank Capacity 500 KL-14,000KL 750 KL – 5,000 KL 750 KL-14,000KL Certified Terminals ISO 9001:2015 ISO 9001:2015 ISO 9001:2015 Number of Tanks 83 11 4 Capacity 283000KL 43000 KL 26000 KL Infrastructure at ter
Slide 15: JNPT Terminal: A Stable Cashflow Generating Asset
JNPT Terminal : A Stable Cashflow Generating Asset … Rental Revenue (INR Mn) Total Capacity 1331 1456 283000 KL - operating at > 100% occupancy (FY24) 1136 946 978 Diversified Products FY20 FY21 FY22 FY23 FY24 Handled Class A, B, and C products (MEG, CSFO/CPO (Oil), Edible Oil, RBD Palmolien, Acetic
Slide 16: Driven By Unique Value Proposition
… Driven By Unique Value Proposition JNPT – One of the Major ports POL Traffic at major Ports Storage tanks located at JNPT port leads POL traffic share has been increasing; to higher premium compared to other contributed 50.19% of total traffic in FY23 upcoming ports. compared to 37.5% of total tra
Slide 17: JNPT Terminal: Growth Potential
JNPT Terminal : Growth Potential Enhancing Tank Ability to Increase the height of existing Tanks for higher capacity leading to higher throughput Capacity Specialized Cargo Upgrading normal tanks to specialized cargo tanks also providing heating and chilling facility for the cargo at port leads to h
Slide 18: Other Terminals – Cochin and Goa
Other Terminals – Cochin and Goa Cochin Terminal Goa Terminal • Operating 43,000 KL at 95% occupancy • Operating 26,000 KL at ~ 40% occupancy (impacted by the mining ban in Goa • Handling Class A, B, and C products (MEG, CSFO/CPO (Oil), Edible Oil, RBD Palmolien, Acetic Acid/Acetone, Vam & Styrene M
Slide 19: Growth Roadmap for Cochin and Goa Terminals
Growth Roadmap for Cochin and Goa Terminals Strong Growth in Throughput to Drive Growth Future Growth Strategy 393 • To achieve maximum rental yield from 312 333 existing capacity 297 233 Cochin Terminal FY20 FY21 FY 22 FY 23 FY24 Throughput (000'MT) Currently Under Utilized Huge Opportunity Ahead F
Slide 20: Long standing relationships with Marquee Clients
Long standing relationships with Marquee Clients C J Shah & Co. 19
Slide 21: GBL welcomes its new clients
GBL welcomes it’s new clients 20
Slide 22: Foray into Railway Logistics – Deepening Service Offerings
Foray into Railway Logistics – Deepening Service Offerings … Clients Materials Storage & Handling Facility Railway Transportation arrival on Port LST provided by GBL at customers facilities Infrastructure Logistic Systems Ltd. (Formerly Stolt Rail Logistic Systems (SRLS): GBL acquired 86.5% in (FY21
Slide 23: Leading to Strong Growth Potential
… Leading to Strong Growth Potential • ILSL owns tank containers and leases rakes and tanks at various ports and inland locations Widening footprints into Rail Logistics • Enable GBL to provide additional service in their LST portfolio of services • ILSL – Into existence in the business over decade
Slide 24: Chemical Division
Chemical Division 23
Slide 25: Chemical Division Product Portfolio
Chemical Division… Product Portfolio Renowned Manufacturer & exporter of specialty chemicals, food preservatives & lubricant additives in industry; enjoys virtual monopoly of pure Benzoic Acid & it’s derivatives in India Specialty Chemicals : Methyl Benzoate, Ethyl Benzoate etc Food Preservatives :
Slide 26: Financial Performance
Financial Performance 25
Slide 27: Historical Financial Highlights-(Consolidated)
Historical Financial Highlights-(Consolidated) INR Mn FY20 FY21 FY 22 FY23 FY24 Income from Operations 2,467 2,704 3,575 4,208 4,771 Other Income 3 15 31 83 135 Total Income 2,470 2,719 3,606 4,291 4,905 Raw Material 937 746 1,426 1,878 2,156 Employee Cost 144 161 196 245 271 Other costs 754 1,003 1
Slide 28: Quarterly Financial Highlights (Consolidated)
Quarterly Financial Highlights(Consolidated) INR Mn Q1FY25 Q1FY24 Q4FY24 FY24 FY 23 Income from Operations 875 1219 1,463 4,771 4,208 Other Income 37 32 70 135 83 Total Income 912 1,251 1,533 4,905 4,905 Raw Material 309 600 787 2,156 1,878 Employee Cost 68 62 72 271 245 Other costs 247 306 341 1,38
Slide 29: LST Division Historical Financial Highlights-(Standalone)
LST Division Historical Financial Highlights-(Standalone) INR Mn FY20 FY21 FY 22 FY23 FY24 Total Rental Income from All 1,018 1,047 1,214 1,420 1,625 Terminals Other operating /Trading 210 446 253 80 194 Income Total Revenue 1,228 1,493 1,467 1,500 1,819 EBITDA 522 583 610 732 792 EBITDA Margin(Rent
Slide 30: Historical Balance Sheet-(Consolidated)
Historical Balance Sheet-(Consolidated) INR Mn Mar-20 Mar-21 Mar - 22 Mar-23 FY24 INR Mn Mar-20 Mar-21 Mar-22 Mar-23 FY24 Shareholder’s Funds 1455 2368 2849 3616 5070 Non-Current Assets 1840 2596 2827 3822 4732 Share Capital 57 62 62 65 72 Other Equity 1398 2262 2743 3503 4944 Property Plant & 1645
Slide 31: Consistently deleveraging the Balance Sheet- (Consolidated)
Consistently deleveraging the Balance Sheet- (Consolidated) Gross Debt (INR Mn) Debt to Equity (x) 618 592 0.4 0.3 220 191 132 0.08 0.05 0.03 Mar'20 Mar'21 Mar'22 Mar'23 Mar'24 Mar'20 Mar'21 Mar'22 Mar'23 Mar'24 Networth (INR Mn) 5,069 3,616 2,849 2,367 1,455 Mar'20Mar'21Mar'22Mar'23Mar'24 30
Slide 32: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ganesh Benzoplast Ltd (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not
Slide 33: Thank You
For Further Information : Ganesh Benzoplast Limited CIN: L24200MH1986PLC039836 Dina Building, First Floor, 53, M K Road, Marine Lines, Mumbai – 400002 Email: info@gblinfra.com Thank You 32