Essen Speciality Films Limited · NSE:ESFL
Essen Speciality Films — Investor Presentation (August 2023)
25 slides from Essen Speciality Films's investor presentation, Aug 6, 2023
Slide 1: Outcome of Analyst/Investors/HNI Meet and submission of Presentation
August 06, 2023 To, National Stock Exchange of India Limited The Listing Department Exchange Plaza, C-1, Block - G, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051 NSE Symbol: ESFL Subject: Outcome of Analyst/ Investors/ HNI Meet and submission of Presentation Reference: Regulation 30 of the S
Slide 2: www.essenspeciality.com
www.essenspeciality.com 01
Slide 3: About Us
About Us We started out as a small family business with a single product line in 2002 as a contract manufacturer for the world’s largest Home Furnishing Retailer. Backed by 35+ years of rich machine manufacturing experience of Rajoo Engineers Ltd, we have since then grown into a company that is supp
Slide 4: Core Team
Core Team Pallav Doshi J T Jhalavadia Ankit Shah Dharmendra Rathore Vijay Kolhe MANAGING DIRECTOR BUSINESS STRATEGIST BUSINESS DEVELOPMENT AGM OPERATIONS CFO HEAD Vijay has been an integral B.Tech – Electronics Has 50 years of experience Has 9 years of experience Engineering with With over 10 years
Slide 5: Our Milestones so far
Our Milestones so far 2002 2006 2007 2008 2013 Rajoo Group Factory Introduced Sustainability Recognition establishes Expansion Food-Grade Initiative Supplier of ESSEN Added 15,000 safe printed 15,000 sq.mtr the Year by Speciality Square meter. PP Placemats. for Solar IKEA. Films Pvt. Ltd. Plant . 20
Slide 6: To Whom We Serve Globally
To Whom We Serve Globally FaLBY i BEES — Walmart>|c = 885 _- Shurtape ~=—- Fred/Meyer Beyond any store of its kind’ D> WW : SS xons = EY Bolia-com ”. 05
Slide 7: Compliances
Compliances f e FCCA fl OEKO-TEX® z Trade with purpose RO SCO oy Rebs Walmart, Factory > Sls) STANDARD 100 S28 Global Recycled PRUITY Re, 5 =-—" @aso ~ = ye Standard oD Gy) GEES sme! sede GLOBAL , by eS) SETA the Sedex Members Ethical Trade Audit SECURITY @) staney Module ig An AEO Certified Company
Slide 8: Unique Proposition
Unique Proposition 1 2 3 4 ISO 9001:2015 Certified, a Exporting to 24 Countries 20+ Years plastic processing Catering to the market in fully integrated, owing to the quality of our expertise. All of our 6 Categories - Bath Area, sustainable & products. Our products are customers trust our solid Kitc
Slide 9: Product Categories
Bathroom Kitchen & Storage & Essentials Dining Organization Fitness & Home Outdoor Lifestyle Decòr & Utility 08
Slide 10: Our Product Range
Our Product Range Bathroom Essentials Kitchen & Dining Storage & Organization • PEVA Shower Curtains and Liners • Chopping Boards • Shelf Liners / Drawer Mats • Shower Curtain Accessories • Table Covers • Desk Mat • Bath Tub and Shower Mats • Disposable Party Table Covers • EVA Foam Placemats and Co
Slide 11: Market Summary: Shower Curtain
SHOWER CURTAIN Market Summary (EU + NA) $431 million Purchased globally in 2022 $611 million Expected to reach by 2027 5.59% CAGR Major Shower Curtain Retailers ✓ Inter IKEA Holding BV ✓ The Home Depot Inc. ✓ Walmart Inc. ✓ Kroger ❑ Lowe’s Companies Inc. ❑ Target Corp. 10 https://www.maximizemarketr
Slide 12: Market Summary: Artificial Plants & Flowers
ARTIFICIAL PLANTS & FLOWERS Market Summary (EU + NA) $765 million Purchased globally in 2022 $1.079 billion Expected to reach by 2027 6.93% CAGR Major Artificial Plants & Flowers Retailers ✓ Inter IKEA Holding BV – 10% market share in this retailer’s total market ❑ Target Corp. ❑ Walmart Inc. o Hobb
Slide 13: Market Summary: Yoga Mats
YOGA MATS Market Summary (EU + NA) $13.20 billion Purchased globally in 2022 $18.75 billion Expected to reach by 2027 7.6% CAGR Major Yoga Mat Retailers ✓ Kmart Australia ❑ Walmart Inc. o Lululemon Inc o Gaiam Inc. o Target Corp. o Aldi o Decathlon 12
Slide 14: Market Summary: Interlocking Foam Tiles
INTERLOCKING FOAM TILES Market Summary (EU + NA) $1.014 billion Purchased globally in 2022 $2.092 billion Expected to reach by 2032 Major Interlocking Foam Tiles Retailers 6.80% CAGR ✓ Inter IKEA Holding BV – 100% market share in this retailer’s total market ❑ Walmart Inc. ❑ 99 cents only o Home Dep
Slide 15: Our Competitive Strengths
One of the very few companies in India 1 who are compliant with numerous Indian and International Compliances We use compression moulding techniques to 2 manufacture Food-Grade Safe EVA Foam One of the few companies in the world who Our Competitive Strengths manufactures TVOC-complaint Kid’s Puzzle
Slide 16: Growth Drivers
Growth Drivers First Mover’s Advantage Wedding & Gifting Market Due to turmoil in geopolitics in last Potential of high quality, affordable few years has forced retailers to de- products ideal for Indian Weddings risk their sourcing and corporate gifting Rapidly Growing Industry Indian Market Embrac
Slide 17: Multiple Strategies for a long-term growth
Multiple Strategies for a long-term growth Increasing our Global presence Increased Capacity and maximize Operational economies of excellence scale through efficiency Expand our existing product portfolio Strengthen our marketing network 16
Slide 18: Financials
Financials
Slide 19: Our Financials
Particulars Year Ended on Year Ended on Year Ended on (Rs. in lakhs) March 31, 2021 March 31, 2022 March 31, 2023 Revenue Domestic Sales 712.13 2,278.18 3,027.51 Export Sales 8,865.57 9,465.40 8,833.67 Other Income 103.08 113.59 186.91 Gross Income 9,680.78 11,857.17 12,048.09 Expenses Our Financial
Slide 20: Balance Sheet
Particulars 31-Mar-21 31-Mar-22 31-Mar-23 (Rs. in lakhs) 20-21 21-22 22-23 Liabilities Short-term borrowings from banks 1,541.36 2,229.10 332.98 Sundry creditors 715.94 659.50 1,026.01 Average creditors 398.57 687.72 842.75 Short-term borrowings from others 1,459.93 1,340.99 1,128.54 Other current l
Slide 21: Our Profit Margin Trends
Our Profit Margin Trends Gross Profit Margin (FY21-FY23) Net Profit Margin (FY21-FY23) 20.74% 26.82% 4.54% 11.42% 30.00% 21.14% 15.00% 9.93% 20.00% 10.00% 10.00% 5.00% 0.00% 0.00% FY 21 FY 22 FY 23 FY 21 FY 22 FY 23 20
Slide 22: Solvency Ratios and ROCE
Solvency Ratios and ROCE Debt Equity Ratio (FY21-FY23) ROCE % FY21-FY23 20% 18.38% 0.11 18% 16.95% 0.15 16% 0.07 14% 0.1 0.06 12% 11.32% 10% 0.05 8% 6% 4% 0 2% FY 21 FY 22 FY 23 0% FY21 FY22 FY23 21
Slide 23: Objects of the Offer
Objects of the Offer Prepayment or Funding the working General corporate Offer for Sale repayment of all or a capital requirements of purposes Our Company will not portion of certain our Company The balance is proposed receive any proceeds outstanding Our Company proposes to be utilized for from the
Slide 24: The Offer
Initial Public Offer (IPO) Dates: June 23 to June 27, 2023 Anchor Allotment on: June 22, 2023 Price Band: Rs. 101 to Rs 107 for per equity shares offered IPO Size: Rs. 66.33 Crores Lot Size: 1,200 Equity shares Minimum Investment Rs. 1,21,200 (Lower band) to Rs. 1,28,400 (Upper band) Amount in Crore
Slide 25: Thank You
THANK YOU www.essenspeciality.com
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