Ganesha Ecosphere Limited · NSE:GANECOS
Ganesha Ecosphere — Q3 FY24 Earnings Presentation
31 slides from Ganesha Ecosphere's earnings presentation, Feb 14, 2024
Slide 1: Ganesha Ecosphere Limited exchange disclosure cover letter
GA ESHA ECOSPHERE LIMITED GESL/2023 -24/ February 14, 2024 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
Slide 2: Ganesha Ecosphere Q3FY24 Performance Presentation
Ganesha Ecosphere Q3FY24 PERFORMANCE PRESENTATION
Slide 3: 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 4: Financial Highlights
Financial Highlights
Slide 5: Q3FY24 Standalone Performance Highlights (QoQ)
Q3FY24 Standalone Performance Highlights (QoQ) REVENUE FROM OPERATIONS INR 31.29cr. 28,447 MT 5.69% decrease from Q2FY24 Production Volume EBITDA 29,781 MT in Q2FY24 23.49 Cr. in Q2FY24 300 260.6 245.8 250 200 150 12.73% 107% Capacity Utilization 100 EBITDA Margin 50 112% in Q2FY24 9.01% in Q2FY24 0
Slide 6: Q3FY24 Standalone Performance Highlights (YoY)
Q3FY24 Standalone Performance Highlights (YoY) REVENUE FROM OPERATIONS 9.2% decrease from Q3FY23 INR 31.29cr. 28447 MT Production Volume EBITDA 29,904 MT in Q3FY23 300 270.7 34.19 Cr. in Q3FY23 245.8 250 200 150 100 12.73% 107% 50 EBITDA Margin Capacity Utilization 0 12.63% in Q3FY23 112% in Q3FY23
Slide 7: Q3FY24 Consolidated Performance Highlights (QoQ)
Q3FY24 Consolidated Performance Highlights (QoQ) REVENUE FROM OPERATIONS INR 39.98 cr. 32,722 MT* 2.26% increase from Q2FY24 Production Volume EBITDA 31,779 MT* in Q2FY24 25.32 Cr. in Q2FY24 300 284.8 278.5 250 200 150 14.03% 87% Capacity Utilization 100 EBITDA Margin 50 rPET granules 9.09% in Q2FY2
Slide 8: Q3FY24 Performance- Standalone
Q3FY24 Performance- Standalone Particulars (Rs in Crore) Q3FY24 Q2FY24 Q3FY23 (9M) FY24 (9M) FY23 Net Revenue from operation 245.75 260.59 270.73 738.17 877.82 Other Income 6.02 6.01 4.80 17.21 11.24 Total Revenue 251.77 266.60 275.53 755.38 889.06 Total expenses Cost of materials consumed/ Traded g
Slide 9: Q3FY24 Performance- Consolidated
Q3FY24 Performance- Consolidated Particulars (Rs in Crore) Q1FY24 Q2FY24 Q3FY24 9M FY24 Net Revenue from operation 254.12 278.45 284.83 817.40 Other Income 2.94 3.23 4.00 10.17 Total Revenue 257.06 281.68 288.83 827.57 Expenses Cost of materials consumed/ Traded 177.61 172.72 189.66 539.99 goods Cha
Slide 10: Q3FY24 Standalone Operational Performance
Q3FY24 Standalone Operational Performance Production vs Sales Volumes (in MT) 35000 30000 25000 20000 15000 10000 5000 0 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Production 29904 29637 27030 29781 28447 Sales Volume 26728 26635 24887 29434 27340
Slide 11: Q3FY24 Standalone Financial Performance
Q3FY24 Standalone Financial Performance 280 275.5 270 266.6 260.2 260 251.8 250 240 237.0 230 220 210 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Revenue (in INR crores) 40 12.6% 11.5% 12.7% 14.00% 30 28.1 26.0 35 12.00% 23.8 9.0% 25 30 34.2 7.4% 10.00% 31.3 20 18.1 25 29.2 8.00% 20.9 20 23.5 15 19.6 6.00% 1
Slide 12: Management Remarks on numbers
Management Remarks on numbers • Prices of finished goods stabilised during the quarter • Moderation in raw material prices • Supplies of rPET granules started to a leading brand improving capacity utilization of this product line to 86% during the quarter. • Improvement in EBITDA margins to 14% on c
Slide 13: 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 14: Company Overview
1 96,600+ MTPA of PET Waste converted annually recycling 6bn+ bottles Company Overview
Slide 15: Ganesha Ecosphere | Leading PET plastic Recycling Company
Ganesha Ecosphere | Leading PET plastic Recycling Company Company Overview Ganesha Ecosphere Ltd: Company structure ▪ Incorporated in 1987 by Mr. Shyam S. Sharmma, Ganesha Ecosphere Limited engaged in manufacturing of Recycled Polyester Staple Fiber (RPSF), Dyed yarn and Recycled Spun Flagship compa
Slide 16: Industry Overview
2 Increasing focus on sustainability to drive the growth of rPET Industry Overview
Slide 17: Increasing focus on sustainability to drive the growth of rPET
Increasing focus on sustainability to drive the growth of rPET Global PET market poised to grow Followed by strong growth potential in the Indian market Global market size in $ Bn Global PET Demand in Mn MT Indian market size in $ Bn Indian PET Demand in Mn MT ~24.8% 11 ~13.8% ~3.8% ~13.3% 83 ~2.6%
Slide 18: Key Strengths
3 Leading PET Plastic Recycling Company With Deep Domain Expertise Driving Towards A Sustainable Future Key Strengths
Slide 19: Key Strengths
Key Strengths Leading player in the PET recycling space Recycles significant share of India’s PET bottle waste Across manufacturing and sourcing of plastic Deep domain expertise waste through network of 250+ suppliers 500+ product variants and new brand Offering a wide product portfolio launched und
Slide 20: Leading player in the PET plastic recycling space
Leading player in the PET plastic recycling space Best in class technologies Research and Large network of suppliers Certified & approved Deep domain expertise for recycling PET bottles development capabilities processes & customers Crossed Crossed rPET & rPET FDY Ganesha recycles INR 500 crore Reve
Slide 21: Deep Domain Expertise – Created Strong Competencies
Deep Domain Expertise – Created Strong Competencies Value chain Transporting to PET Bottle Shredding & Conversion of Sorting Washing Storing End-user Collection Cleaning Flakes to Resin Industries rPET flakes converted to Post Consumer PET Bottles Recycling facilities crush pellets/resins which are
Slide 22: Offering a wide product portfolio
Offering a wide product portfolio… rPET fibre rPET spun yarn Products Solid Fibre Hallow/ Fire Short-cut Micro fibre Trilobal fibre Polyester Melange Single yarn Double yarn Filament and dope Conjugated retardant fibre staple fibre yarn dyed fibre Applications Spinning, Stuffing in Industrial Blendi
Slide 23: Long standing relationships with clients
Long standing relationships with clients Having a footprint across the world With long standing relationships Exports across ~20+ countries ▪ Network of more than 400+ customers ▪ The company’s client base is diversified FY23 segment wise revenue* 10% Spinning segment ~11% 25% Revenues* from Technic
Slide 24: State of the art manufacturing facilities
State of the art manufacturing facilities across 6 plants strategically located across the expanse of India and Nepal Kanpur 18,000 TPA Manufacturing units have best in class certifications having a strong focus on quality rPET Fiber 15,000 TPA Dyed Textured yarn 3,000 TPA Rudrapur 39,600 TPA rPET F
Slide 25: Driving towards a sustainable future
Driving towards a sustainable future Shifting towards clean renewable energy plant’s across its production facilities in Temra, Bilaspur & Kanpur with a total installed capacity of 9.1 MWp of Rooftop Solar Plant. Partnership with a leading IPP for supply of Solar Power for captive consumption Warang
Slide 26: Key Strategies
4 Strive to become the preferred & largest provider for recycled plastic products Key Strategies Globally
Slide 27: Expansion playbook
Expansion playbook Strengthen client relationships Build relations with major brands Focusing on high value products to help them meet their • Unlock the potential of GoRewise and sustainability goals work on high margin products Focusing on the export market • Focus on new high value products Const
Slide 28: Entering into a new age of recycling through Go Rewise
…entering into a new age of recycling through 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 ART TECHNOLOGY FOCUS
Slide 29: Launching new products under Go Rewise
Launching new products in the space under Every product manufactured under the brand goes through stringent quality checks to ensure only highest quality rPET products are supplied to our partners Product name rPET Chips – Bottle Grade rPET Chips – Textile Grade rPET Fibers & Yarns Target Customers
Slide 30: Accelerating brand building and visibility for Go Rewise
Accelerating brand building and visibility for Go Rewise Textiles Packaging
Slide 31: Thank you!
Thank you! For further details, please contact us at: secretarial@ganeshaecosphere.com