Garware Technical Fibres Limited · NSE:GARFIBRES
Garware Technical Fibres — Non-Deal Roadshow (November 2022)
62 slides from Garware Technical Fibres's roadshow presentation, Nov 28, 2022
Slide 1: Disclosure under Regulation 30 – Investor meet schedule
· GTFL:SEC:2022 BSE Limited e ~ GARWARE TECHNICAL FIBRES November 28, 2022 Corporate Relationship Department, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai 400001. (Company code: 509557) National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1, 'G' Block, Ban
Slide 2: Better Ideas in Action
Better Ideas in Action www.garwarefibres.com
Slide 3: Garware Technical Fibres Limited – At a Glance
Garware Technical Fibres Limited – At a Glance • Pioneer in Technical Textiles in India • Great Place to Work certified. Top • Presence in 75 countries 50 companies in India. • 5000 + employees • Well qualified R&D team of 22 • We produce 80MT per day & 20,000 scientists and 5 Doctorates SKUs SKU’s
Slide 4: Mission
Mission “To Provide innovative, application focused solutions to enhance value of our customers globally” 3
Slide 5: Our Four Pillars of Value
Our Four Pillars of Value Ownership Improve Bond Enhance Own the process of Continuously Enhance our Enhance delivering Improve our Family Bond Stake Holder results with Products & with the Value Entrepreneur Services to Employees & through ial Spirit & become Business Profitable Joy of preferred Pa
Slide 6: GTFL Financials Rs Crs.
GTFL Financials Rs Crs. Turnover PAT 180 1200 1189 165 158 141 1100 126 1034 120 1018 105 1000 963 900 886 60 800 700 0 F18 F19 F20 F21 F22 F18 F19 F20 F21 F22 5
Slide 7: GTFL Infrastructure
GTFL Infrastructure 6
Slide 8: Manufacturing facility at Pune
Manufacturing facility at Pune Pune manufacturing facility conforms to ISO 9000:2015 standards and boasts state-of-the-art machinery Products Ropes PPMF Twines Cargo Nets Rope Articles Geo Textiles Gangway Nets PPMF Yarns Metal Gabions 7
Slide 9: Manufacturing facility at Wai
Manufacturing facility at Wai is the largest unit in India and spread across 40 acres Wai manufacturing facility conforms to ISO 9000:2015 and ISO 14001:2015 standards and boasts state-of-the-art machinery Products Aquaculture Cage Nets Sports & Agricultural Nets Plateena (Dyneema) Adventure Nets Co
Slide 10: Wai Facility
Wai Facility
Slide 11: Extrusion
Extrusion 10
Slide 12: Knotless Netting
ettnend = SESE BEBE big 30a WY N Syne we Knotless Netting
Slide 13: Netloft
Netloft 12
Slide 14: GTFL's Strong Focus on Manufacturing Excellence
GTFL’s Strong Focus on Manufacturing Excellence Total Preventive Maintenance (TPM) Silver award – India Green Manuf. Certification Challenge Jishu 5S Framework Hozen (JH) LEAN Kanban Kaizen PRINCI PLES Pull 8D Process System Advanced Product Quality Planning 13
Slide 15: GTFL Application Areas
GTFL Application Areas 14
Slide 16: Our Innovative, Application focused Solutions Portfolio
Our Innovative, Application focused Solutions Portfolio… Fisheries Aquaculture Shipping & IPD Sports • Fully assembled Trawls • Cage Nets • 8 Strand Shipping Ropes • Tennis Nets • Purse Seine Nets • Predator protection Nets • 3 Strand Industrial Ropes • Volley Ball Nets • Gill Nets • Anti Bird Nets
Slide 17: Our Innovative, Application focused Solutions Portfolio
Our Innovative, Application focused Solutions Portfolio… Agriculture Geosynthetics Coated Fabrics Plateena • Anti Bird Nets • Reinforced Soil • Tarpaulins • Aquaculture Cage Nets • Anti Hail Nets Structures • Hanger Covers • Mooring & Towing Ropes • Shade Nets • Landfill • Awnings • Trawl Nets • Ser
Slide 18: GTFL Aquaculture Business
GTFL Aquaculture Business 17
Slide 19: Growing aquaculture
— Growing aquaculture Million tonnes live weight (LW) 8 2000 2005 2010 Wild capture for human consumption mmm Aquaculture for human consumption 2015 2020 2025 mam Farmed Atlantic salmon == Population rebased Development of global average fish consumption 30 Kg per capita o ou 6 & GARWARE
Slide 20: Supply of farmed and wild salmonids
Supply of farmed and wild salmonids
Slide 21: Total harvest of Atlantic salmon 2011-2026E
Total harvest of Atlantic salmon 2011-2026E
Slide 22: Global trade flow of farmed Atlantic Salmon
Global trade flow of farmed Atlantic Salmon
Slide 23: North America - Atlantic Salmon Consumption
North America - Atlantic Salmon Consumption Tonnes WFE 1200000 1000000 800000 600000 At 1 million tonnes WFE by 2030 ? 2005 2010 Est. 2015 2020E Est. 2025 proj 2030 proj Fy GARWARE
Slide 24: V2 Update
Better Ideas in Action V2 Update
Slide 25: Key Challenges – Bio Fouling and Copper Sedimentation
Key Challenges – Bio Fouling and Copper Sedimentation Top Challenges in • Causing an annual • This is added with current • Frequent net Aquaculture release of more than 1000 Tons of copper into high cost of cleaning cleaning causes loss of appetite leading to Norwegian waters operation during the re
Slide 26: Estimated Annual release of 1000 Tons Copper from AF coating
Estimated Annual release of 1000 Tons Copper from AF coating in Norwegian Waters 1000 Tons/year of copper released in Norwegian Waters
Slide 27: Total Number of Insitu cleaning for V2 vs HDPE nets – Norway Site
Total Number of Insitu cleaning for V2 vs HDPE nets –Norway Site Total no. of cleanings (2 nets) 45 41 40 35 Total Number of Cleaning 30 25 20 18 V2 HDPE 15 10 5 0 V2 Nets HDPE Cleanings saved due to V2 nets ~ 60 % - Cost per cleaning~ NOK 20 000,- Total savings in 5,5 months 23 x 20 000,- = NOK 460
Slide 28: V2 Nets – Reduction in Cleaning – Norway Experience
V2 Nets – Reduction in Cleaning – Norway Experience Currently under Trial in Norway 30% - 40% reduction in cleaning (mainly based on photos) Represent significant savings
Slide 29: V2 Cage results – Canada (Customer 1)
V2- Cage results –Canada (Customer 1) CANADA: June 21 to Jan22 Marsh Bay Site – Dec 2021 discussion and update • In water since June 2021 • Cleaning done : Control HDPE -11 times, V2 Nets – 4 times • Last cleaning done : 28th Oct Feedback from customer is positive on the V2 nets usage and performanc
Slide 30: Sustainable HDPE Cage Net Solution for Aqua Farming – V2 Nets
SUSTAINABLE HDPE CAGE NET SOLUTION FOR AQUA FARMING – V2 NETS Reduction in Sedimentation One of the key benefits of V2 nets is reduction in sedimentation at the farm site. STIM AS conducted tests on V2 nets to evaluate the sedimentation at a farm site installed with V2 nets. 29
Slide 31: New Development – Predator Cage Solutions
Better Ideas in Action New Development – Predator Cage Solutions
Slide 32: Sapphire-CFR
Sapphire -CFR www.garwarefibres.com
Slide 33: TUNA Attacks – GTFL's Solution – Sapphire CFR
TUNA Attacks – GTFL’s Solution – Sapphire CFR NEW Slide added
Slide 34: Sapphire CFR Nets – New age Predator Net
Sapphire CFR Nets* – New age Predator Net Suitable for both type of designs (Umbrella and Straight) 8-10% higher stiffness than Sapphire Ultra Core MBX 30% higher Cut Resistance than Sapphire Ultra Core MBX Ease of handling – 10 to 15% reduced weight for same Strength * Patent Pending
Slide 35: Tuna fish experiment
Tuna fish experiment www.garwarefibres.com
Slide 36: Sapphire CFR – Experiment of Impact of Tuna Fish
New Development - Sapphire CFR – Experiment of Impact of Tuna Fish Point of contact Sapphire –CFR -2.1 mm, MBS: 150 kgf
Slide 37: Sapphire X18
Sapphire X18 www.garwarefibres.com
Slide 38: Sapphire X18 – Stiff Predator Net
Sapphire X18 – Stiff Predator Net High Stiffness of netting in its class Superior Cut resistance Ease of handling compared to Monofilament Stiff nets Effective predator control – tried and tested in Chilean waters
Slide 39: Non Salmon Expansion – GTFL's Solution
Non Salmon Expansion – GTFL’s Solution Expansion in Non Salmon Species – a key agenda for growth • New customers added in Species like Barramundi, Sea Bass, Sea Bream, Amberjack, Tilapia • Customers added during last 1 year in • Mexico • Panama • Indonesia • Turkey • Srilanka, Singapore and Brunei
Slide 40: Sports Nets
Better Ideas in Action Sports Nets www.garwarefibres.com
Slide 41: Sports Nets business of GTFL
Sports Nets business of GTFL • GTFL has been awarded with the platinum award for the highest exporter of sports goods from India by Sports Goods Export Promotion Council (SGEPC) sponsored by the ministry of Commerce and Industry, Government of India for consecutive 3 years FY 17-18 to FY 19-20 • GTF
Slide 42: Sports Nets business of GTFL
Sports Nets business of GTFL • The sports nets business has seen a CAGR of 20% in Sales Value for last 5 years TENNIS • Under the sports portfolio, we provide around 50 different products • Our range of sports nets confirms to all international standards and is used in various tournaments SOCCER • G
Slide 43: GTFL Marine Fisheries & Agriculture
GTFL Marine Fisheries & Agriculture 42
Slide 44: Challenges in Domestic Marine Fisheries
Challenges in Domestic Marine Fisheries • Rising fuel costs/ fuel consumption • Less fish catch & low quality fish catches 43
Slide 45: Rising fuel prices – BIG concern in trawling
Rising fuel prices- BIG concern in trawling Trawl fishing operational expenses are as below Fuel cost is almost 65-70% in trawl fishing Approx 20% increase has already happened since last year Fuel 64% Fishing Gear 6% Food & Misc 5% Ice 3% Boat Maintenance 3% Crew Remuneration 16% Oil/Lubricants
Slide 46: VP Route: Paradigm shift
Paradigm shift VP Route: - Annual cost - Benefits ( Additional fish catches & Fuel saving) - Pay back period 45
Slide 47: Key Benefits to customers
Key Benefits to customers Key Benefits Impact Incremental (vertical) mouth Leads to higher fish catches (More coverage to water column opening of Trawl vertically) High speed Cover more fishing ground w- leads to incremental fish catches Fuel saving Trawls being lighter and stable trawl geometry whi
Slide 48: GTFL Geo-synthetics Business
GTFL Geo-synthetics Business 47
Slide 49: Geosynthetics – A Brief Overview
Geosynthetics – A Brief Overview Geosynthetics are polymer-based materials used in infrastructure solutions for environmental friendliness and lower overall cost Rockfall Protection works for a project in state of Jharkand •Roads •Railways •Airports •Ports Coastal Protection works for a project in S
Slide 50: Geosynthetics - Benefits
Geosynthetics - Benefits Saves Natural Resources Fast Construction Project Saves Project Cost High Consistent Quality 49
Slide 51: Geosynthetics – Business Model
Geosynthetics – Business Model Design Turnkey Projects Supply Installation 50
Slide 52: Focused Applications – Domestic Markets
Focused Applications – Domestic Markets Lining Rockfall Protection Rockfall Protection Erosion Control Lining for Leachate pond Railways Highways Major Industry 51
Slide 53: Future – Rockfall Protection and Erosion control
Future – Rockfall Protection and Erosion control • Out of a total allocation of Rs 110 L Cr by the Central Government under the National Infrastructure Pipeline from 2020 – 2025, Roads & Highways share is Rs 20 L Cr. And Railways is Rs 14 L Cr. • There is an increasing awareness of the need to prote
Slide 54: Future – Rockfall Protection and Erosion control
Future – Rockfall Protection and Erosion control • There is a similar momentum in Railways for protection of running as well as new tracks. • GTFL Geo division has been a joint patent holder with Railways for some time for rock fall solutions and we have further enhanced those solutions with newer d
Slide 55: Future – Landfills & Linings
Future – Landfills & Linings • Landfills are increasingly being recognized as the most viable alternative for disposal of solid waste. Garware is well positioned as a reliable turnkey solution provider for industrial waste landfills. • The key driver for industrial waste landfills is industrial prod
Slide 56: GTFL GEO Export Product Offerings
GTFL GEO Export Product Offerings WOVEN & FABRIC FORMS Highways & Coastal Protection Works AQUAROCK BAGS Coastal & River Training Works ROCGUARD® WITH EARLY WARNING SYSTEMS Rock-fall Protection Works GARMAT SUPREME Erosion Control Works 55
Slide 57: Focused Applications – Exports
Focused Applications – Exports Lining Rockfall Protection Fabric Forms (Geo-containers) Rockfall Protection For River Training Works For Geohazard Mitigation 56 Colombia Philippines
Slide 58: Focused Applications – Exports
Focused Applications – Exports Lining Rockfall Protection Aqua Rock Bags Fabric Forms (Saddle Bags) For Coastal Protection Works For Pipeline Protection Works 57 Poland Oman
Slide 59: Future – Exports
Future – Exports • Global Market Size 10-12 Bn USD, Growing at 9% CAGR y-o-y • Complete supply value chain needed for Geo-synthetic manufacturing is available in India • With China+1 sentiment in global supply chain India is well poised to become second manufacturing hub for the Word • GTFL is expor
Slide 60: Experienced Management Team
Experienced Management Team Mr. Vayu R Garware Mr. Shujaul Rehman Mr. Mukesh Surana Chairman & Managing Chief Executive Officer Chief Financial Officer Director •Over 2 decades of global experience • Graduate from Wharton • Over two decades of Business School, USA in the entire gamut of finance, exp
Slide 61: Experienced Management Team
Experienced Management Team Mr. Vivek Kulkarni Mr. Ravendra Mishra President –Operations Head-Human Capital •More than 30 years of •More than 25 years of valuable experience in experience manufacturing in operations & HRM •An expert in operations •An administrator par and operational excellence with
Slide 62: Thank You
Better Ideas in Action Thank You INDIA USA UK CANADA AUSTRAILA CHILE NORWAY www.garwarefibres.com 61
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