Gmm Pfaudler Limited · NSE:GMMPFAUDLR
Gmm Pfaudler — Investor Day (September 2022)
40 slides from Gmm Pfaudler's investor day presentation, Sep 6, 2022
Slide 1: Exchange filing cover letter for Analyst & Investor Day
co Pfaud er! GMM/SEC/2022-23/43 GMM/SEC/2022-23/43 September 6, September 6, 2022 2022 To, To, BSE Ltd BSE Ltd NSE Ltd NSE Ltd Phiroze Jeejeebhoy Phiroze Jeejeebhoy Towers, Towers, Exchange Plaza, Exchange Plaza, C-1, C-1, Block Block G, G, 11°st Floor, Floor, Dalal Dalal Street, Street, Bandra Kurl
Slide 2: Analyst & Investor Day: Moving Forward with Purpose
7| , EE GMM eer - Pfa udle Moving Forward | with Purpose Analyst & Investor 4 a : Zn "4 i % \N ) @o * ¥ . . oe ‘ » In )
Slide 3: Disclaimer
== Disclaimer •*This presentation has been prepared by GMM Pfauadler Limited (the “Company") and forms a part of its intellectual property which is solely for the purposes of your general information and shall not be taken away, distributed, reproduced, or redistributed or passed on, directly or ind
Slide 4: Agenda and Today's Presenters
“= Today's Presenters Agenda GMM Pfaudler - Today and Tomorrow Tarak Patel Our Markets and Platforms Thomas Kehl, Aseem Joshi, Vincent Leroux Innovation and M&A Tarak Patel Thomas Kehl Aseem Joshi Thomas Kehl, Aseem Joshi Managing Director CEO, International CEO, India Business Business Financial Pe
Slide 5: Company Overview
Company Overview GMM Pfaudler
Slide 6: History
== History Gujarat Machinery Manufacturers Pfaudler acquires 40% stake in (GMM) established and listed on the GMM Bombay Stock Exchange (BSE) = a Pfaudler increases stake in GMM to DBAG acquires Pfaudler 51%. Company renamed as GMM Pfaudler Ltd (—_ Ii 1999 GMM Pfaudler
Slide 7: The Transformation
== The Transformation ₹ 2,041 = 2541 crores Revenue pei 8x a Standalone* Growth 1001 591 378 411 . FY16 FY17 ogFY18 Oe FY19 a FY20 FY21 FY22 6 *Includes Mavag post intercompany eliminations GMM Pfaudler
Slide 8: Mergers & Acquisitions
Mergers & Acquisitions 2020 Ke y 2022 Bolt-On Pfaudler Acquisitions International since 2016 GMM a is Pfaudler
Slide 9: Today
== Today 1800+ 15 / 1OO+ Employees Manufacturing Complementary Countries Facilities brands PFAUDLER m= Glass-Lined Technology NORMAG mm Lab & Process Glass MAVAG mm Filtration & Drying MIXION m= Mixing Technology INTERSEAL m= Sealing Technology EQUILLOY m= Alloy Process Equipment EDLON m= Fluoropoly
Slide 10: Global Leader, Global Reach, Local Presence
== Global Leader Lewes Atay llmenau oan Cl aa ee ot SWITZERLAND USA Rochester At Avondale CHINA Americus INDIA Karamsad Hyderabad Ahmedabad BRAZIL Global Reach Local Presence Integrated Organization ee ee Facilities GMM Pfaudler
Slide 11: Germany
Pfaudler ~ GMM GERMANY
Slide 12: AWA,
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Slide 13: GMM Pfaudler
‘S Se She i ‘ ue hd ye GMM Pfaudler
Slide 14: Environmental Social Governance
== Environmental Social Governance GMM Pfaudler 5 year Roadmap ST ren Governance Environment Protection Healthcare Regular Monitoring and Review Responsible Business Education Conduct Transparency and Reporting Social Stewardship Environment Sustainability Reporting GMM Pfaudler
Slide 15: Building on Our Strengths
— Building on Our Strengths — Global — Execution Leadership Credibility — Wianagement me al d=le|celdlola Experience Capabilities GMM Pfaudler
Slide 16: Vision
[oF Revenue Vision ₹ = 5/00 Crores EBITDA VOW, o ₹ < 650 Crores ROCE VAeW/e GMM Pfaudler
Slide 17: Our Markets & Platforms
Our Markets & Platforms GMM 16 Pfaudler —
Slide 18: Platforms
Platforms 40% Technologies ° Systems Services Glass-Lined rs #1 (ie Leadership Process Installed Know-How Base GMM a L- Pfaudler
Slide 19: End-to-End Solutions for the Global Process Industry
Click below to see a video depicting our End-to-End Solutions for the Global Process Industry GMM Pfaudler
Slide 20: Market Leader with Positive Industry Outlook
Market Leader with Positive Industry Outlook CHEMICAL (61%) ₹ •* China+l strategy •* Demographics 2541 Americas PHARMA (32%?) 28% 1600 APAC •* Policy support / government incentives 55% 1 •¢ Reshoring from China to US & Europe 800 OTHERS (7%) •- Oil & Gas, Metals & Minerals, Paints and others that b
Slide 21: Glass-Lined
720 i : | cMM—— (~Pfaudler
Slide 22: Glass-Lined Leadership
Glass-Lined Leadership | 40% || 4000 Market Share EUs/Year Increase evita . Operational Value through Excellence Sourcing Example: Example: China & Germany facilities Stock & Sale GMM Pfaudler
Slide 23: Non Glass-Lined
GMM — 22 c- Pfaudler
Slide 24: Non Glass-Lined Complementary
Non Glass-Lined Complementary 6 Diversified Branded Product Lines Po rtfol fe) CT co, Revenue Example: Example: API Production Plant in Belgium WFE China GMM —J C- Pfaudler
Slide 25: Systems
MM — Pfaudler
Slide 26: Systems: Process Know-How
Systems Process Know-How a=a= 900+Dedicated | uaa Process Engineers $1-10 mn 3 Test Centers Order Size Grow Revenue Turnkey New through ———_ Solutions Applications Example: Example: Multiourpose Factory-US FGD* Acid Recovery
Slide 27: Services: Our Service, Your Solution
a) | | | i | oa SERVICES rt ann a. 47 i ‘ ‘ = = ae GMM ‘Pfaudier .2 : Our Service www.gmmpfaudler.com : | Your Solution oa GMM 26 Pfaudler
Slide 28: Services: Installed Base
Services Installed Base ~| 50,000+ |_| 100+ GL Installed Base Service Engineers Drive Profitability Local Improved fnretian Presence Customer Experience Example: Example: IDS Manufacturing Service App
Slide 29: Our Strategy
=— Our Strategy Glass-Lined Non Glass-Lined Systems Services I 2 3 Process Leadership Complementary Know-How Increase Profitability • Operational • • Turnkey •¢ Local Excellence Selling Solutions Presence •¢ Value •¢ Adjacent • New •¢ Improved Sourcing Industries Applications Customer Experience GMM
Slide 30: Innovation & M&A
Innovation & M&A GMM Pfaudler
Slide 31: Innovations
== Innovations Glass-Lined Non Glass-Lined Systems Services Technology Technology Green ace5000™ SmartGlass Fermentation Technologies GMM Pfaudler
Slide 32: Mergers & Acquisitions
== Mergers & Acquisitions 2017 Interseal Sealing Technology 2018 Normag Lab & Process Glass 2019 Industrial Mixing Solutions Division Mixing Technology 2020 DeDietrich Process Systems India Glass-Lined Equipment YAOV | HDO Technologies Alloy Process Equipment 2022 Hydro Air Research |talia Membrane
Slide 33: Financials
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Slide 34: Financial Performance: Revenue and EBITDA
Financial Performance 350 Revenue (=₹ crores) 2,041 EBITDA** (=₹ crores) 8x 9x Growth Growth 309 35 FY16 FY22 FY16 FY22 L_ | PFI |_| Standalone* 55 * Includes Mavag GMM ** excluding PPA and acquisition related adjustments Pfaudler
Slide 35: Financial Performance: EPS, ROCE, Net Debt
== Financial Performance ₹ EPS** (2) ROCE* (%) Net Debt : EBITDA* (times) 50 22% 6x 18% 1.1 1.2 Growth 0.5 Zero Debt FY16 FY22 FY16 FY22 Until FY FY 21 FY 22 Sep 22 20 Proforma Kvn * excluding PPA and acquisition related adjustments GMM “ post bonus impact Pfaudler
Slide 36: FY25 Guidance
FY25 Guidance Revenue (2₹ crores) EBITDA?* (2₹ crores) ROCE* (%) 3,700 630 CAGR CAGR 2,541 25% 5350 22% FY22 FY25 FY22 FY25 FY 22 FY 25 55 * excluding PPA and acquisition related adjustments dier
Slide 37: Why GMM Pfaudler?
= Why GMM Pfaudler? Proven Technology... Clear Track Leadership Strategy Record Continue to deliver on Innovation focused with Continue to leverage what was promised investments in technology global reach and and procéss know-how complementary product portfolio Long-Term Commitment 56
Slide 38: Moving Forward with Purpose
GMM ae te Pfa udler Moving Forward with Purpose
Slide 39: Thank You
GMM - Pfaudler > Thank You Investor Relations Contact Priyanka Daga Anuj Sonpal GMM Pfaudler Ltd Valorem Advisors T: +91 22 6650 3900 i an ned ae LO aol 0 10 E: investorrelations@gmmpfaudler.com E: gmmpfaudier@valoremadvisors.com Sd
Slide 40: References and Definitions
== References and Definitions ▪= Flue Gas Desulfurization (FGD) plant removes sulfur dioxides (SO2) from flue gas produced by boilers, furnaces, and other SOUrCces ▪= Purchase Price Allocation (PPA) adjustments related to fair value adjustment on inventory and amortization of acquired intangible ass