Ganesha Ecosphere Limited · NSE:GANECOS
Ganesha Ecosphere — Q1 FY2024 Earnings Presentation
22 slides from Ganesha Ecosphere's earnings presentation, Aug 3, 2023
Slide 1: Ganesha Ecosphere Limited stock exchange disclosure letter
GANESHA ECOSPHERE LIMITED GESL/2023-24 August 3, 2023 To, To, The BSE Limited, National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, 1st Floor, New Trading Wing, Bandra- Kurla Complex, Rotunda Building, Bandra (East), PJ Towers, Mumbai-400051. Dalal Street, Fort
Slide 2: Ganesha Ecosphere Q1FY24 Performance Presentation
Ganesha Ecosphere Q1FY24 PERFORMANCE PRESENTATION
Slide 3: Towards a Greener Future
Towards a Greener Future OUR VISION To become a global corporate citizen, committed to recycle every pet bottle which is thrown into waste with world class recycling facilities and to create wealth for our stakeholders through conducting business around social & environmental concerns. OUR MISSION W
Slide 4: Sustainability for People & Planet
Sustainability for People & Planet With and by recycling plastic waste into useful products, GESL brings a real difference to businesses, environment & communities. Directly impacts the environment by Creating a sustainable, circular reducing the burden of waste on the planet economy on a global lev
Slide 5: Product Portfolio
Product Portfolio RPET Yarn Spinning Non-woven carpets / felts FIBER Non-woven fabric/ carpets / felts Non-woven carpets / scrubbers Fiber filling Clothing Fabrics Product Padding Insulation Sarees & Dress Material Applications Carpets Upholstery & Hosiery Needle Punch fabric
Slide 6: GESL has grown exponentially over the last 10 years
GESL has grown exponentially over the last 10 years Last 10 years at a Glance Crossed INR 500 crore revenue INR 1132.86 Crore Revenue in FY22-23 Crossed INR 1000 with a 8.53% CAGR growth in the last 10 years crore revenue 2014 Current market capitalization of INR 1848.51 2019 crore compared to INR 8
Slide 7: Financial Highlights
Financial Highlights
Slide 8: Q1FY24 Performance Highlights
Q1FY24 Performance Highlights REVENUE FROM OPERATIONS INR 17.18 cr. 27,030 MT 21% decrease from Q1FY23 Production Volume EBITDA 293.0 27645 MT in Q1FY23 300 27.43 Cr. in Q1FY23 250 231.8 200 150 100 7.41% 100% EBITDA Margin Capacity Utilization 50 0 9.36% in Q1FY23 102% in Q1FY23 Q1FY24 Q1FY23 3.70%
Slide 9: Q1FY24 Consolidated Performance
Q1FY24 Consolidated Performance INR 254.12 Cr. INR 25.50 Cr. 10.04% REVENUE EBITDA EBITDA Margin INR 3.45 Cr. 1.38% PAT PAT Margin
Slide 10: Management Analysis: Yarn and textile industry facing reduced export demand
Management Analysis Yarn and textile industry is facing heat from reduced export demand due to slow down in Europe and US 1 In May and June 23, the textile exports from India were down by 14.7% and 11.3%. Company’ exports are substantially down by 47% 2 Demand and pricing pressure on domestic suppli
Slide 11: Management Analysis: Company's subsidiaries performance
Management Analysis Company’s subsidiaries performance - 1 Ganesha Overseas, Nepal: Started commercial production in Feb,2023. Current capacity utilization has ramped up to 50% and expected to further ramp up to over 75% by end of Q3, 2024 Ganesha Ecopet, Warangal Production of Rpet Chips and RFDY s
Slide 12: Management Outlook
Management Outlook 1 Core Business : - Recycled Polyester Staple fiber market has started to improve, with sales pressure easing and new orders flowing in due to empty pipelines. - Domestic demand also improving looking to coming festive season. - Q2 expected on a comparatively better note 2 New Bus
Slide 13: Q1FY24 Performance- Standalone
Q1FY24 Performance- Standalone Particulars (Rs in Crore) Q1FY24 Q4FY23 Q1FY23 Net Revenue from operation 231.82 255.04 292.95 Other Income 5.18 5.19 2.39 Total Revenue 237.00 260.23 295.34 Total expenses Cost of materials consumed/ Traded goods 166.57 179.45 197.06 Changes in inventories (9.50) (20.
Slide 14: Q1FY24 Operational Performance
Q1FY24 Operational Performance Production vs Sales Volumes (in MT) 35000 30000 25000 20000 15000 10000 5000 0 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Production 27645 27950 29904 29637 27030 Sales Volume 27241 29232 26728 26635 24887
Slide 15: Q1FY24 Performance Highlights
Q1FY24 Performance Highlights 350 318.2 295.3 300 275.5 260.2 237.0 250 200 150 100 50 0 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Revenue (in INR crores) 40 12.6% 11.5% 14.00% 30 28.1 10.5% 26.9 35 12.00% 23.8 9.4% 25 30 34.2 20.5 7.4% 10.00% 29.2 20 17.1 25 33.0 8.00% 20 27.4 15 20.0 20.9 6.00% 11.6 15 1
Slide 16: Q1FY24 Performance- Consolidated
Q1FY24 Performance- Consolidated Particulars (Rs in Crore) Q1FY24 Net Revenue from operation 254.12 Other Income 2.94 Total Revenue 257.06 Expenses Cost of materials consumed/ Traded goods 177.61 Changes in inventories (19.18) Employee benefits expense 17.68 Finance costs 11.39 Depreciation and amor
Slide 17: Way Forward
Way Forward
Slide 18: GESL is entering into a new age of recycling
GESL is entering into a new age of recycling Increasing demand for rPET across industries Increasing demand for recycled products directly from the end customers owing to increasing awareness Established companies with sustainability targets to reduce the use of plastic and leverage recycled product
Slide 19: 3 Pillars of Strength
Conception of Go Rewise The brand is being launched with a commitment for the good of tomorrow. Go Rewise is dedicated to conserving resources and establish sustainability supremacy by efficiently recycling PET plastic into premium quality products State-of-the-art Technology: The products will be p
Slide 20: Our Offerings under Go Rewise
Our Offerings under Go Rewise Products being launched aim to close the plastic recycling loop by manufacturing a number of premium quality products made from recycled PET bottles • High-quality and anti-contaminated rPET Flakes used for 01 rPET Flakes manufacturing high quality end products • Availa
Slide 21: Safe Harbour
Safe Harbour Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
Slide 22: Thank you!
Thank you! For further details, please contact us at: gesl@ganeshaecosphere.com