Mcon Rasayan India Ltd. · NSE:MCON
Mcon Rasayan India — Investor Presentation (May 2025)
30 slides from Mcon Rasayan India's investor presentation, May 2025
Slide 1: Mcon Rasayan India Ltd. Investor Presentation - May 2025
MCON RASAYAN INDIA LTD. Trusted Partner In Construction Chemicals I n v e s t o r Presentation - May 2025
Slide 2: Disclaimer
Disclaimer This document has been prepared for informational purposes only and is not an offer, invitation, or recommendation to buy or sell any securities of Mcon Rasayan India Ltd (“Mcon”, “MRIL”, "Company"). Nor shall part or all of this document form the basis of, or be relied upon in connection
Slide 3: Business Overview
Business Overview 3
Slide 4: 15 Years of Excellence & Growth
15 Years of Excellence & Growth Key Highlights Key Stats Balanced Business Mix ➢ Leading manufacturer of construction chemicals & finishing products for India 54% 59% 87% & global markets. Revenue CAGR PAT CAGR PAT CAGR Govt. Infra (FY21-25) Projects ➢ ISI-Certified Pioneer – First Indian (FY21-25)
Slide 5: Management Commentary FY25
Management Commentary FY25 FY25 “ Despite cyclical challenges and one offs (extended monsoon, elections delay and delay in NAINA project) , we made strong strategic progress. In FY25, we Revenue EBITDA enhanced our product portfolio with the launch of 9 (21% up) (11% up) new offerings and expanded o
Slide 6: Business model: De-Risked and Diversified
Business model: De-Risked and Diversified Raw Materials Supplies Manufacturing Distributors End Users You can edit this text Cement and Sand FOCO Model In House plants Majorly powder products You can edit this text Building Construction Polycarboxylate Ether Redispersible Polymer Repairs Powder Liqu
Slide 7: Strong brand across segments
Strong brand across segments Protection & Protection & Internal & 1 Beautification of 2 Beautification of 3 External Tiling Powder Product Liquid & Paste Product External Walls Internal Walls Ready Mix Mortar MCON NSA MCON NSA Admixture Grey Grey Gold Wall Finish & Paint MCON NSA MCON Tile Deco Syst
Slide 8: Strong brand across segments
Strong brand across segments Admixtures Anti Carbonation Paints Epoxy repair mortars Segmental Bonding agents Epoxy Coatings Curing Compounds Engineering Grouts Floor Hardeners Investor Presentation 8
Slide 9: The Growth Curves
The Growth Curves Delivering Growth: Revenue and Margin Expansion Strengthening Bottom Line: PAT and Margin Trends 224 227 11.50% 12.6% 5075 3.7% 5.3% 4.50% 10.1% 4213 8.6% 2.6% 7.5% 7.5% 114 3105 2.1% 1922 0.4% 50 897 898 19 4 FY20 FY21 FY22 FY23 FY24 FY25 FY20 FY21 FY22 FY23 FY24 FY25 Revenue EBIT
Slide 10: Tailwinds Fueling Sectoral Growth
Tailwinds Fueling Sectoral Growth Indian Construction Chemicals Market Size Strong Infrastructure Growth 4% CAGR 6.19 Bn Robust Government Core Sector PMAY Capex Demand Surge 4.48 Bn Accelerated activity in ₹11.1 Lakh Cr FY25 allocation at Roads, Railways, Power, allocated for FY25 – ₹84,670 Cr, up
Slide 11: USPs
USPs 11
Slide 12: 360° Product Coverage for Diverse Market Needs
360° Product Coverage for Diverse Market Needs REVENUE CONTRIBUTION Engineering Grouts Admixture 6% 1% Others 2% Deco Floor Systems 1% Concrete Flooring 5% Wall Finish and Paints Ready Mix 7% Mortar 36% Waterproofing Systems 7% Concrete Tile Adhesives and Griuts ISO ISO ISO Repair 27% 8% 9001:2015 1
Slide 13: Synergizing Core Manufacturing with FOCO Expansion
Synergizing Core Manufacturing with FOCO Expansion STRATEGIC PLANT LOCATION FOCO Model: Franchise-owned, Company-operated Rapid market expansion with minimal risk Powder Liquid Revenue Operational efficiency with controlled quality standards Location Utilisation Capacity Capacity (%) Closer proximit
Slide 14: Powering Growth across India
Powering Growth across India Rajasthan Uttar Pradesh Regional Growth Strategy • Balanced growth strategy to mitigate regional demand fluctuations. Madhya Pradesh Gujarat • Northern Region has higher Business potential Maharashtra which will be explored in 7States years to come Karnataka 19+ Cities K
Slide 15: Delivering Results through Strong Execution
Delivering Results through Strong Execution Mumbai Shapoorji Pallonji Chandak Group Mayfair Group L&T Realty Runwal Group Lodha Gujarat Pramukh Developers Samatva Infrastructure Meeraa Infra Kothari Developers Pune Rajasthan Goel Ganga Solitaire (Gangadham) Venkatesh Buildcon Manglam Group Kothari B
Slide 16: Powering Progress through In-house R&D
Powering Progress through In-house R&D 1 Strong In-House R&D Team Dedicated R&D center in Navi Mumbai with Ph.D. experts 2 Client-Centric Innovation Agile approach to solving industry-specific challenges 3 One-Stop Solution Vision Expanding R&D efforts to cover the entire construction chemical indus
Slide 17: Robust Distribution Infrastructure
Robust Distribution Infrastructure o Established presence in Mumbai with 1400+ dealers & retailers. Expansive Dealer-Retailer Network o Dealers act as extended business partners, ensuring local market penetration. o Long-standing partnerships with Chandak, Shapoorji, Pramukh and other major develope
Slide 18: Cross-Industry Customer Presence
Cross-Industry Customer Presence Investor Presentation 18
Slide 19: Empowered Leadership at the Helm
Empowered Leadership at the Helm Mr. Mahesh Bhanushali Mr Chetan Bhanushali Mr Nandan Pradhan Managing Director & Chairman Whole-time Director Whole-time Director • A seasoned technocrat with over a • Over 10 years of experience across • Brings over 25 years of corporate decade of leadership in trad
Slide 20: Empowered Leadership at the Helm
Empowered Leadership at the Helm Dhara Thakkar Sonal Doshi Dilip Jain Tapas Bimal Majumdar Puja Bhanushali Indepedent Director Indepedent Director Indepedent Director Indepedent Director Director • Chartered Accountant with 10+ • Brings 20+ years of • Leverages 25+ years of • Over 10 years of experi
Slide 21: Strategic Updates
Strategic Updates 214
Slide 22: Expanding Horizons: Building for Tomorrow
Expanding Horizons: Building for Tomorrow O wn Capac i t y (MTPA) FO CO Capac i t y FY25 (MTPA) 15,000 16,200 30,700 48,200 11,500 19,500 9,000 3.30% 5.60% 12.70% 18.50% 35.00% 44.00% 96.70% 94.40% 100.00% 87.30% 81.50% 65.00% 56.00% FY22 FY23 FY24 FY25 North West South Powder Liquid Powder Liquid *
Slide 23: Strategic Vision in Action
Strategic Vision in Action Strengthening Institutional Sales Visibility & Market Positioning ➔ Expanding relationships with large real estate ➔ Multi-channel branding & marketing strategy developers, civil & infrastructure contractors. for both retail and institutional segments. ➔ Targeting governme
Slide 24: 2028: The Next Frontier
2028: The Next Frontier 18% 16 % Market Penetration 11.5% +20% Improved share of VAP 7.5% 50.7 cr 42.1 cr 8.9 cr Operational Efficiencies FY20 FY24 FY25 FY28 Indicators - Revenue EBITDA Margin Investor Presentation 24
Slide 25: Annexure
Annexure 25
Slide 26: Building Blocks of Success
2023-25 Building Blocks ➢ Started first phase of our new manufacturing plant at Ambethi, Vapi ➢ Crossed the mark of 90+ Distributors in India and covering 19+ cities of Success ➢ Received MHDC approval to supply its chemicals to all PMAY projects in Maharashtra 2019-23 ➢ 1st Company in India to have
Slide 27: Half Yearly Statement
Half Yearly Statement Particulars (INR Mn) H2FY25 H1FY25 H2FY24 YoY% HoH% FY25 FY24 YoY% Net Sales 291.8 215.7 248.8 17.3% 35.3% 507.5 421.3 20.5% Total Expenditure 267.9 181.1 216.0 24.0% 47.9% 449.0 368.3 21.9% EBITDA 23.9 34.6 32.8 -27% -31% 58.5 53.0 10.4% EBITDA Margin (%) 8.2% 16.0% 13.2% -499
Slide 28: Income Statement
Income Statement Particulars (INR Mn) FY20 FY21 FY22 FY23 FY24 FY25 Net Sales 89.7 89.8 192.2 310.5 421.3 507.5 Total Expenditure 82.4 80.3 177.8 283.7 368.3 218.9 EBITDA 7.3 9.5 14.3 26.8 53.0 58.5 EBITDA Margin (%) 8.1% 10.6% 7.5% 8.6% 12.6% 11.53% Other Income 0.0 0.2 0.1 0.1 4.2 6.9 Depreciation
Slide 29: Balance Sheet
Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 Particulars (INR Mn) FY23 FY24 FY25 Equity & Liabilities Assets 1. Shareholders' Funds 1. Non Current Assets Share Capital 63.0 63.0 73.3 Property, Plant & Equipment 11.2 97.7 149.8 Reserves & Surplus Intangible Assets 0.0 0.1 0.1 70.7 93.5 258.5 Cap
Slide 30: Thank You
THANK YOU Register Office : 101 - A, Maxheal House, Bangur Nagar, Goregaon West, Mumbai - 400104. Consumer Care No : +91 8976907887 Email ID : info@mconrasayan.com Garima Singla Sheetal Khanduja Go India Advisors Go India Advisors garima@GoIndiaAdvisors.com sheetal@GoIndiaAdvisors.com M:+91 97800423
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