Hle Glascoat Ltd · NSE:HLEGLAS
Hle Glascoat — Investor Presentation (November 2022)
34 slides from Hle Glascoat's investor presentation, Nov 15, 2022
Slide 1: Regulation 30 Disclosure Letter - Revised Corporate Presentation
November 15, 2022 To, The Manager, Listing Department BSE Limited, P.J. Towers, Dalal Street, Mumbai-400001 Scrip Code: 522215 Sub: REVISED - Disclosure of Material Event / Information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 –Revised Corporate
Slide 2: Corporate Presentation HLE Glascoat Limited November 2022
CORPORATE PRESENTATION HLE Glascoat Limited November 2022
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of HLE Glascoat Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or induc
Slide 4: Evolution of the Group
Evolution of the Group Growth from Engineering Excellence 3
Slide 5: HLE Glascoat Overview
HLE Glascoat Overview Leading Manufacturer of specialised processing equipment 1 Rs. 66,025.4 Lakhs Rs. 42,539.3 Lakhs critical for chemical and pharmaceutical industries Total Income (FY22) Total Income (H1 FY23) 2 Operating in a segment with a high barrier to entry 23.9% Revenue CAGR (FY20-22) 3 C
Slide 6: Background
BACKGROUND “ Late Dr. K. H Patel, obtained his Master’s Degree in Chemical Engineering from University of Southern California and PhD from Columbia University New York, returned home to ” contribute to a newly independent India. ▪ The foundation of Patel Group was laid by late Dr. K. H. Patel ▪ Over
Slide 7: Our Products: Application and Functioning
Our Products: Application and Functioning Glass Lined Filtration & Drying Equipment Equipment 6
Slide 8: Diversified Product Portfolio
Diversified Product Portfolio Filtration Glass Lined Equipment Agitated Nutsche Filters GL Reactors Agitated Nutsche Filter-Dryers GL Tanks Kilo-lab Filter-Dryers GL Heat Exchangers GL Columns GL Pipes & Fittings Drying GL Filters & Dryers Rotary Vacuum Paddle Dryers Rapid Disc Dryers/Coolers Spheri
Slide 9: Our Journey: Key Milestones
Our Journey: Key Milestones 8
Slide 10: Leading Player Across Both Verticals
Leading Player Across Both Verticals 30+ Largest Player in India 25+ One of the Largest Players in India Years of Filtration Years of Glass and Drying “Preferred Supplier” Lining In Glass Lined Equipment Leading Global Presence Manufacturer of ANFDs Acquisition of Thaletec 600+ 2,000+ Filters p.a. G
Slide 11: Highlights of Thaletec
Highlights of Thaletec 40,000 m2 Plant Area Leading Innovator Glass Lining Plant in Germany Several Patents, Registered Designs & Trademarks among other IP Highlights of Global Player Technical Glass Lining Major Global Player in the Glass 6 application specific Glass Lined Equipment segment Linings
Slide 12: Manufacturing Facilities
Manufacturing Facilities MAROLI WORKS ANAND WORKS • 15,000 m2 built-up area with nearly 13,000 m2 covered under 40 EOT cranes. • 20,000 m2 floor area covered by 33 EOT cranes. • Machine shop including VMCs, CNC Turn-mill, CNC drilling, VTLs, Amada • Five SCADA controlled electric and gas fired furna
Slide 13: Manufacturing Facilities
Manufacturing Facilities THALETEC, GERMANY • Operates a 40,000 sq. m., manufacturing facility with more than 160 employees • ISO 9001 : 2015 and EN ISO 50001 : 2018 • Capabilities to manufacture equipment with dimensions of up to 100,000 liters volume • Unmatched product offering; offers multiple on
Slide 14: Manufacturing Facilities
Manufacturing Facilities SILVASSA WORKS • 8600 m2 floor area covered by 18 EOT cranes. • Well developed welding capabilities with pulsed arc welding systems and over 30 qualified welders. • Jigs, fixtures, welding manipulators and specialized tooling for fast and repeatable performance. • Machine sh
Slide 15: Competitive Edge: Product Engineering
Competitive Edge: Product Engineering “ Pilot Plant and R&D Facility: ▪ Pilot plant and R&D facility present at Maroli Chemical Engineering Solution ▪ Our pilot plant enables our customers to conduct thorough Providers and not just ” trials on out ANFDs and RVPDs. Equipment Manufacturers ▪ Coupled w
Slide 16: Competitive Edge: Process Engineering
Competitive Edge: Process Engineering Special Purpose Machines (SPMs) and Tooling ▪ Optimized every step of the fabrication process with SPMs developed and built by our team of process engineers. ▪ Our SPMs dramatically reduce the manhours required for a job and increase process repeatability. At th
Slide 17: Robust Systems
Robust Systems 1 01 ASME Accreditation Authorized to use ASME ‘U’, ‘NB’ and ‘R’ Stamps for pressure vessels. 2 CE Compliance 02 Designing and manufacturing in compliance with CE as per Pressure Equipment, ATEX, Machinery, Electromagnetic, Low Voltage and other Directives. 303 JIS Compliance Designin
Slide 18: Project Showcase: Filtration and Drying
Project Showcase: Filtration and Drying Tilting Multifunction ANFD 8KL Pharma RVPD USA India Reactor, Filter, Dryer and Crystallizer A cantilever RVPD, supplied with a quick built into one opening front cover. ASME U-Stamp Certified MOC: SS316L MOC: SS316L 30KL RVPD ANFD for Sterile Application Indi
Slide 19: Project Showcase: Glass Lined Equipment and KL Tanks
Project Showcase: Glass Lined Equipment 50 and 65 KL Tanks Delivered Products at 32 and 40KL GMP Reactors India India Scale Glass lined vessels supplied in Glass lined GMP reactors the Indian market followed by a manufactured and sold in the repeat orders, taking the total to country. 8 installation
Slide 20: Project Showcase: Custom and Exotic Metal Equipment
Project Showcase: Custom and Exotic Metal Equipment Continuous Pan Filter Oyster Filter Germany Germany 6m diameter pan for a continuous type 6m Diameter rotating type continuous filter, filter rotating within the tolerance of compliant with ASME, CE and JIS Standards 3mm MOC: SS316L MOC: Inconel Hi
Slide 21: Geographical Presence
Geographical Presence Strong Domestic Sales Network and Global Footprint Europe Russia Channel Partner Channel Partner USA Ahmedabad Channel Partner Channel Partner Vadodara Thailand Anand Channel Partner Channel Regd. Office Partner Hyderabad Singapore Surat Sales Office, Channel Partner Channel He
Slide 22: De-risking and Diversification: A Business Imperative
De-risking and Diversification: A Business Imperative Industry-wise Revenue Break-up Product-wise Revenue Break-up Engineering & ANF Manufacturing 14% API & 6% Pharma 32% Reactors 35% ANFD 36% Agrochemicals & Pesticides Tanks 8% 7% Speciality Chemicals Others 46% 16% Our customers are spread predomi
Slide 23: Experienced Management Team
Experienced Management Team Himanshu Patel He is a qualified Electrical Engineer graduating from the University of Bombay in the year 1976 and has more than 41 years of experience in the business of chemicals and engineering. Nilesh Patel He has completed his BSc (Chemistry) from the University of B
Slide 24: Professional Management Team – India
Professional Management Team – India Director Sales and Chief Financial Senior Vice President Vice President – Marketing and Chief People Officer Officer Operations - Maroli Product Excellence People Success Total Experience: 15 years+ Total Experience: 9 years+ Total Experience: 30 years+ Total Exp
Slide 25: Professional Management Team – Germany
Professional Management Team – Germany Managing Director Managing Director Associated with Associated with Thaletec for 14 Thaletec for 14 years years Head of Finance & Head of Sales & Head of Operations Administration (CFO) Service Associated with Associated with Associated with Thaletec for 4 year
Slide 26: Future Outlook
Future Outlook Well-Positioned to Capture Future Growth Opportunities 25
Slide 27: Well-Positioned to Capture Future Growth Opportunities
Future Outlook Future Growth Opportunities Well-Positioned to Capture Order Book 1 • Robust order book for both HLE Glascoat and Thaletec, with strong tailwinds across the chemicals and Pharma industry Capacities & New Products 2 • Additional capacities onstream to generate revenues from next fiscal
Slide 28: Financial Performance
Financial Performance Key Operating Ratios and Financial Statements 27
Slide 29: Segmental Performance
Segmental Performance Revenue from Operations EBITDA PAT (H1FY23) (H1FY23) (H1FY23) Rs. 41,895.2 lakhs Rs. 6,948.8 lakhs Rs. 3,474.4 lakhs +68.8% Y-o-Y * +44.0% Y-o-Y * +27.7% Y-o-Y * Filtration, Drying and Other Equipment Glass Lined Equipment Rs. In Lakhs FY20-22 CAGR – 25.55 % Segmental Performan
Slide 30: Financial Performance - Consolidated
Financial Performance - Consolidated Revenue from Operations (Rs. Lakhs) Order Book (Rs. Lakhs) EBITDA(Rs. Lakhs) & EBITDA Margin EBITDA EBITDA Margin 65,221.8 46,302.0 19.6% 40,265.1 48,448.9 42,647.4 17.7% 11,776.4 41,895.2 9,558.8 20,618.0 19,006.6 7,623.2 17.8% 6,948.8 16.3% FY20 FY21 FY22 H1FY2
Slide 31: Profit & Loss: Q2 & H1FY23
Profit & Loss: Q2 & H1FY23 Particulars (in Rs. Lacs) Q2 FY23 Q2 FY22 Y-o-Y H1 FY23 H1 FY22 Y-o-Y Revenue from Operations 21452.8 12401.9 73.0% 41895.2 24825.4 68.8% Other Income 294.1 102.1 644.2 212.1 Total Revenues 21746.9 12503.9 73.9% 42539.3 25037.5 69.9% Cost of Materials Consumed 9538.1 7822.
Slide 32: Balance Sheet: As on 30th September 2022
Balance Sheet: As on 30th September 2022 Particulars (in Rs. Lacs) Sep-22 Mar-22 Particulars (in Rs. Lacs) Sep=22 Mar-22 Non-Current Assets Equity Share Capital 1,365.3 1,365.3 Property, Plant and Equipment 25,182.1 22,833.3 Other Equity 26,227.0 23,987.5 Right of use assets 1,391.0 1,108.2 Non Cont
Slide 33: Cash Flow Statement: As on 30th September 2022
Cash Flow Statement: As on 30th September 2022 Cash Flow Statement (Rs. Lacs) Sep-22 Sep-21 Cash Flow from Operating Activities Profit before Tax 4,942.1 3,930.6 Adjustment for Non-Operating Items 1,396.6 785.4 Operating Profit before Working Capital Changes 6,338.7 4,715.9 Changes in Working Capita
Slide 34: Thank You
Thank You Company Name: HLE Glascoat Limited (Formerly known as Swiss Glascoat Equipments Ltd.) CIN: L26100GJ1991PLC016173 Contact Person: Email Address: Mr. Naveen Kandpal, CFO investor.relations@hleglascoat.com Investor Relations Advisors : Mr. Ashish Chovatia Ms. Rasika Sawant +91 9930044680 +91