Avro India Ltd. · NSE:AVROIND
Avro India — H1 FY25 Earnings Presentation
35 slides from Avro India's earnings presentation, November 2024
Slide 1: Investors Presentation Q2 & H1FY25
Plastic Scrap RICE BAG AVRO INDIA LIMITED Plastic CREATING WASTE TO WEALTH Granules INVESTORS PRESENTAION Q2 & H1FY25 High Quality Aesthetic Furniture
Slide 2: Index
INDEX Company Overview 04 Financials 23 Annexure 27 2
Slide 3: AVRO - Trailblazer in Sustainability
Company Overview Financials Annexure AVRO - Trailblazer in Sustainability Mr. Sushil Aggarwal Chairman & Wholetime Director - AVRO INDIA LIMITED AVRO, with a legacy of over 22 years, is a technology-driven company turning plastic waste into wealth. It currently recycles 6000 MTPA of plastic waste an
Slide 4: From plastic scrap to furniture, shaping a sustainable future
Company Overview Financials Annexure From plastic scrap to furniture, shaping a sustainable future Value Proposition : Tech-driven Recycling of Plastic Waste into High-quality Plastic Granules and then into Aesthetic Furniture Amongst the largest Top 3 Plastic Generating companies in FLEXIBLE FURNIT
Slide 5: Pioneers in Flexible Recycling
Company Overview Financials Annexure Pioneers in Flexible Recycling A solution provider for plastic waste management challenges Tech-driven company pioneering advanced 1. plastic recycling technologies with global machines. Breaking the technology barrier, converting 2. plastic waste into valuable,
Slide 6: Amongst India's Top 3 Plastic Furniture Manufacturers
Company Overview Financials Annexure Amongst India’s Top 3 Plastic Furniture Manufacturers A pioneer in manufacturing high-quality furniture from recycled plastic scrap Strategic Location Leveraging globally sourced moulding o Centrally located moulding plant & Plastic Recycling technology Plant in
Slide 7: Strategic Priorities
Company Overview Financials Annexure Strategic Priorities Granules Usage Better Realization in Compounding To increase the captive consumption of Granules post the Compounded material is expected to generate 30% better capacity expansion of recycling plant and once 100% pricing than internal consump
Slide 8: Turning Plastic Scrap into Premium Products
Company Overview Financials Annexure Turning Plastic Scrap into Premium Products AVRO : Pioneering Solutions to Plastic Waste Mismanagement WHY HOW WHAT Opportunities Process Result India generates nearly 26,000 tonnes Waste sourced from Material Recovery Plastic-molded furniture made of plast
Slide 9: Building on a Strong Legacy for Future Growth
Company Overview Financials Annexure Building on a Strong Legacy for Future Growth Growing Revenue (In Rs. Million) 934 800 533 647 2021 2022 2023 2024 2018 2019 2020 2022 2022 Listing on NSE Emerge Company name changed New Moulds, New Migrated to the Main Board Online Presence on as public limited
Slide 10: $2Bn Untapped Opportunity in Plastic Waste Recycling
Company Overview Financials Annexure $2Bn Untapped Opportunity in Plastic Waste Recycling Multi-million-dollar opportunity in transforming plastic waste to wealth The Indian plastic recycling market, valued at $2.2 Bn in 2024, is projected to reach $3.6 Bn by 2030, growing at a 10.76% CAGR from 2025
Slide 11: Plastic's Long-Lasting Environmental Impact- A Challenge
Company Overview Financials Annexure Plastic’s Long-Lasting Environmental Impact- A Challenge Plastic Waste Generation & Disposal India’s Plastic Waste (26,000 T per Day) Plastic items take ages to decompose, creating lasting environmental challenges 13% 4% 36% Impact: These lengthy decomposition pe
Slide 12: End-to-End Integrated Process System
Company Overview Financials Annexure End-to-End Integrated Process System The Solution - High-quality granules, pre-mix compounds, and saleable products produced by: Captively consuming post-consumer plastics waste Procurement from Formal and Informal sources Recycling post-consumer plastic and prod
Slide 13: Sustainability and Innovation in Plastic Recycling: Our Approach
Company Overview Financials Annexure Sustainability and Innovation in Plastic Recycling: Our Approach Product Sustainable Environmental Financial and Innovation and Operations and Impact and Market Assurance Circular Economy Compliance Strategy First in India to offer a 3- Backward integration
Slide 14: Scalable Business Model
Company Overview Financials Annexure Scalable Business Model Post Consumer Process Flow Process Flow plastic waste for Dry Scrap for wet scrap collection Consumption/Usage Grinding the Grinding the material material Cement Wall Putty Packaging holds 38% of plastic use, followed by 3 stage Bags Bags
Slide 15: Transforming Waste: Policy Implementation for Plastic Recycling
Company Overview Financials Annexure Transforming Waste: Policy Implementation for Plastic Recycling Key Policy Developments on PWM between 1988 and 2022 with relevance for plastic regulation and management in India 2011 2016 1999, 2018 Environment Protection Act (Control 2022 1986 2002, 2003 Pl
Slide 16: Stakeholder Value Creation
Company Overview Financials Annexure Stakeholder Value Creation RoE and RoCE (pre tax) Working Capital Ratios Net debt to Equity and Interest Coverage 24% 0.53 70 80 89 83 21% 20% 0.21 0.44 15% 0.35 17% 14% 14% 91 89 10% 74 32 29 29 78 28 21 23 16 12 14.52 12.42 7.02 4.21 FY21 FY22 FY23 FY24 FY21 FY
Slide 17: Traceability & Transparency of Material – Digital Tool
Company Overview Financials Annexure Traceability & Transparency of Material – Digital Tool Software will be used to trace the waste management supply chain from the time/place it was generated to time/place waste reach to destination/disposal Transportation Processing Corporate Policies Monitor veh
Slide 18: Strong Competitive Edge
Company Overview Financials Annexure Strong Competitive Edge Mastery in Flexible Plastic Recycling Committed to Sustainability Pioneered using post consumer Avro’s recycled plastics reduce GHC plastic waste as raw materials emissions by 2.5 kg/kg, supporting sustainability Successful B2B & B2C Busin
Slide 19: Guidance and Outlook-Recycling Business
Company Overview Financials Annexure Guidance and Outlook-Recycling Business Social Enterprise Growth Circular Economy Use of Recycled Opportunity The company will hire Granules Strong Financial workers from diverse Compliant with the Plastic backgrounds, driving job Capacity Ramp-Up Growth By FY26,
Slide 20: Scalable in Growing Business
Company Overview Financials Annexure Scalable in Growing Business Production Capacity ( Mn Pcs) No of Distributors 450 6 250 200 100 3 3 3 FY18 FY23 FY24 FY27E Realization (Rs. Per Piece) 300 251 250 255 FY22 FY23 FY24 FY27E IncreasingProductRangeby Introducing NewMolds ExpandingSales Force forB
Slide 21: Scaling up to Drive Profitability
Company Overview Financials Annexure Scaling up to Drive Profitability Recycling Business Contribution in PAT Margin (%) Recycling Capacity (MTPA) Revenues Expected to Grow Moving Forward (In Rs. Cr.) 50,000** 15% - 18% 180 12000 5% 150 6000 100 FY23-24 FY24-25E FY26-27E FY24-25E FY26-27E FY24-25E F
Slide 22: Future Strategies for Furniture Manufacturing
Company Overview Financials Annexure Future Strategies for Furniture Manufacturing The company aims to expand capacity of its The company aims to achieve revenue of Rs. furniture moulding business to 60 lakh units 180-200 Cr. from furniture business by FY27, by FY27, financed by internal accruals wi
Slide 23: Q2 & H1FY25 Earnings
Q2 & H1FY25 Earnings November 2024 23
Slide 24: Q2 & H1FY25 Financial Performance Highlights
Company Overview Financials Annexure Q2 & H1FY25 Financial Performance Highlights Revenue EBITDA & Margin (%) PAT & PAT Margin (%) Quarter Highlights 8.2% 9.1% 5.4% 4.6% 15 16 190 10 180 8 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Half-Yearly Highlights 7.7% 8.1% 4.9% 4.0% 417 32 348 28 20 15 H1FY24
Slide 25: Q2 & H1FY25 Financial Performance Highlights
Company Overview Financials Annexure Q2 & H1FY25 Financial Performance Highlights All figures in Rs Million Particulars(Rs Mn) Q2FY25 Q1FY25 QoQ% Q2FY24 YoY% H1FY25 H1FY24 Net Sales 180 167 8% 190 -5% 348 417 Total Expenses 164 155 6% 174 -6% 319 385 EBITDA 16 12 36% 15 6% 28 32 EBITDA Margin (%) 9.
Slide 26: H1FY25– Balance Sheet
Company Overview Financials Annexure H1FY25– Balance Sheet All figures in Rs Million Particulars 30.09.2024 31.03.2024 Particulars 30.09.2024 31.03.2024 ASSETS EQUITY AND LIABILITIES Non Current assets EQUITY (a) Property, Plant and Equipment 230 203 (a) Equity share capital 101 101 (b) Capital work
Slide 27: Annexure
Annexure November 2024 27
Slide 28: Board of Directors
Company Overview Financials Annexure Board of Directors MR. SUSHIL MR. SAHIL MR. NIKHIL MS. ANITA KUMAR AGGARWAL AGGARWAL AGGARWAL AGGARWAL CHAIRMAN & WHOLETIME MANAGING DIRECTOR WHOLE TIME DIRECTOR NON EXECUTIVE DIRECTOR DIRECTOR o 30+ years of experience in plastic o An alumnus of the Singapore o
Slide 29: Diverse Product Portfolio
Company Overview Financials Annexure Diverse Product Portfolio Stools Baby Chairs Chairs 3195 Baby Desk Platinum Viva 9927 Nexa Tables Magna 29
Slide 30: Boosting Brand Recall with Mr. Sonu Sood and Strategic Social Media Marketing
Company Overview Financials Annexure Boosting Brand Recall with Mr. Sonu Sood and Strategic Social Media Marketing 30
Slide 31: Awards & Recognition
Company Overview Financials Annexure Awards & Recognition India’s Greatest Altina Entrepreneurs India’s Top Leaders 2017-18 Excellence Award, 2018 Minds, 2021 by By Asia One to to Sushil Kumar Aggarwal Brand Story to Mr. Sushil Kumar for excellence performance Mr.Sushil Aggarwal in the field of Plas
Slide 32: Historical Income Statement
Company Overview Financials Annexure Historical Income Statement All figures in Rs Million Particulars H1FY25 FY24 FY23 FY22 FY21 Revenue 348 934 800 647 533 Total Expenses 319 876 737 596 495 EBITDA 28 58 63 51 38 EBITDA Margin (%) 8% 6% 8% 8% 7% Depreciation 16 28 18 13 14 Finance Costs 7 14 9 4 3
Slide 33: Historical Balance Sheet
Company Overview Financials Annexure Historical Balance Sheet All figures in Rs Million Particulars H1FY25 FY24 FY23 FY22 FY21 Total Equity 303 289 248 207 177 Long term Borrowings 62 45 28 12 5 Other Non- Current Liabilities 3 2 1 1 1 Total Non-Current Liabilities 65 47 30 13 6 Trade Payables 81 71
Slide 34: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by AVRO INDIA LIMITED (the “Company”) solely for the information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not f
Slide 35: Thank You!
GO INDIA ADVISORS – IR FIRM Ms. Sana Kapoor sana@goindiaadvisors.com M:+91 8146550469 Ms. Sheetal Khanduja sheetal@goindiaadvisors.com THANK YOU! M : +91 9769364166 35