Ganesh Benzoplast Limited · NSE:GANESHBE
Ganesh Benzoplast — Investor Presentation (February 2021)
24 slides from Ganesh Benzoplast's investor presentation, February 2021
Slide 1: Ganesh Benzoplast Limited - BSE filing letter
GANESH BENZOPLAST LIMITED CIN:L24200MH1986PLC039836 / PAN NO : AAACG1259J Regd. Off. : Dina Building, 1"Floor,53 Maharshi Karve Road, Marine Lines (E), Mumbai - 400 002. Tel. : (91) (22) - 6140 6000 . Fax : 6140 6001 I 2839 5612 Email : compliances.gbl@gmail.com . Website : www.gblinfra.com Febrwary
Slide 2: Investor Presentation | February 2021
GANESH BENZOPLAST LIMITED INVESTOR PRESENTATION | February 2021
Slide 3: Company at a Glance
Company at a Glance Business Overview o Leading independent Liquid Storage Tank (LST) provider with 83 storage tanks; since 1993 o Manufacturer & exporter of food preservatives, lubricant additives & specialty Leading Liquid Storage provider at JNPT chemicals; since 1986 Products Facilities Marquee
Slide 4: Journey so far…
Journey so far… Diversified to LST business with Established liquid Acquired 86.5% Liquid storage tank storage tank facility Equity stake in Stolt facility at JNPT at Goa Terminal. Rail Logistics Terminal. Systems 1986 1993 1999 2000 2018 2020 Commenced the Chemical Business Established Liquid Consi
Slide 5: Key Management Team…
Key Management Team… Ramesh Pilani Ramakant Pilani Rishi Pilani Raunak Pilani Ramesh Punjabi Founder & CFO CEO Chairman & MD Director Director o B-Tech in Chemical o Commerce o Chemical Engineer o M. Tech (Computer o B. Tech (Hons) in Engineering ~47 graduate ~ 40 & Masters in Science), IIT Chemical
Slide 6: Business Segments
Business Segments Liquid Storage Tanks (LST) Chemicals JNPT Cochin Goa Food Preservatives Lubricant Additives Speciality Chemicals Capacity : 83 storage tanks with total capacity of 3,03,000 KL Capacity : 24,000 MTPA Provides liquid tank storage services at major ports Manufacturing & Exporting of s
Slide 7: Leading player in Liquid Storage……
Leading player in Liquid Storage…… GBL is a tank storage provider, with ~30 years of experience in storage and handling of liquid chemicals and oil products Liquid bulk storage capacity of 3,03,000 KL spread across 3 strategically located terminals at JNPT (Mumbai), Goa & Cochin and are connected by
Slide 8: ….Service offerings in LST Division
….Service offerings in LST Division Storage Bunkering Providing liquid storage tanks, handling & Fuel supply bunkering services while loading service of various products maintaining product quality Barging Blending A complimentary business which is mainly provided to major oil companies and Blending
Slide 9: Strategically Located Terminals
Strategically Located Terminals JNPT COCHIN GOA Year of Establishment 1996 1999 2000 Tank Capacity 500 KL-14,000KL 750KL – 5,000 KL 750 KL-14,000KL Certified Terminals ISO 9001:2008 ISO 9001:2008 ISO 9001:2008 Number of Tanks 63 12 4 Infrastructure at terminals are fully equipped with modern firefig
Slide 10: JNPT Terminal: A Stable Cashflow Generating Asset
JNPT Terminal : A Stable Cashflow Generating Asset Revenue (INR Mn) Total Capacity 245,115 KL with at 100% occupancy 1,016 848 775 671 Products Handled Class A, B, and C products (MEG, CSFO/CPO (Oil), Edible Oil, RBD Palmolien, Acetic FY17 FY18 FY19 FY20 Acid/Acetone, Vam Styrene Monomer, Crude Glyc
Slide 11: JNPT Terminal: Provides stable revenue visibility
JNPT Terminal : Provides stable revenue visibility Storage Land – Major Entry Barrier Ability to store Class A liquids; Limited Availability of new land giving higher revenue realizations parcel & Cost of Land - Major Entry . Barrier for new entrant Strategic Location Storage tanks located at main p
Slide 12: Other Terminals
Other Terminals COCHIN GOA Throughput (000’MT) • Operating 43,550 KL at 75% occupancy 182 • Operating 25,000 KL at ~ 40% • Handling Class A, B, and C occupancy 134 123 products (MEG, CSFO/CPO (Oil), Edible Oil, RBD Palmolien, Acetic 99 • Handling Class A, B, and C Acid/Acetone, Vam & Styrene product
Slide 13: Rail Logistics services complementing LST business
Rail Logistics services complementing LST business …… Stolt Rail Logistics Systems Overview Benefits o Improves safety by reducing manual and o GBL acquired 86.5% in Stolt Rail Logistics truck handling Systems o Improves efficiency by providing one stop o Provides bulk-liquid cargo transportation lo
Slide 14: EPC services providing end to end solution
EPC services providing end to end solution …… Diversified arm specialized in Rich experience in Tank Fabrication Design & EPCC activities of the & Pipeline Installation and provides Project End to End solution Experience in handling chemicals Dedicated teams for Design & like Caustic soda, Hydrogen
Slide 15: Chemical Division….
Chemical Division…. Product Portfolio Renowned Manufacturer & exporter of specialty chemicals, food preservatives & lubricant additives in industry; enjoys virtual monopoly of pure Benzoic Acid & it’s derivatives in India Specialty Chemicals : TBN Boosters, Octane Boosters, Defoamers, Food Preservat
Slide 16: …Challenges in Chemical Business…
…Challenges in Chemical Business… • High working Capital Capital Intensive requirement FY2020 • Revenue share : 50% Upgradation required at • Major Capex required to enhance manufacturing plants the facilities • EBITDA Margins :9% • EBIT contribution INR 61 Mn Low Capacity Utilization • Capacity uti
Slide 17: … Considering Separation of Businesses
… Considering Separation of Businesses GBL Infrastructure Ltd Improve Focus • Creating independent listed companies with leadership on positions in well-defined verticals Each Business • Business specific specialized strategy to enable sustainable growth Enabling Growth • Creating strong growth plat
Slide 18: Financial Performance
Financial Performance "> VAVAVA. r\/\L\4 @/\/\Z7 Y AVAVAVAN
Slide 19: Q3/9M FY21 Consolidated Financial Highlights
Q3/9M FY21 Consolidated Financial Highlights INR Mn Q3FY21 Q3FY20 y-o-y% Q2FY21 9MFY21 9MFY20 Income from Operations 666 609 543 1,730 1,798 Other Income 1 0 2 3 0 Net Income 667 609 10% 545 1732 1798 Raw Material 168 230 121 428 731 Employee Cost 42 37 34 109 96 Other costs 252 169 181 576 531 EBIT
Slide 20: Consistently deleveraging the Balance Sheet
Consistently deleveraging the Balance Sheet Gross Debt (INR Mn) Debt to Equity (x) 861 1.1 661 617 533 0.6 0.4 0.3 Mar'18 Mar'19 Mar'20 Sep'20 Mar'18 Mar'19 Mar'20 Sep'20 19
Slide 21: Historical Financial Statement
Historical Financial Statement INR Mn FY17 FY18# FY19* FY20 9MFY21 Income from Operations 1,181 1,692 2,116 2,467 1,730 Other Income 35 13 9 3 3 Net Income 1,216 1,704 2,126 2,470 1,732 Raw Material 339 632 878 937 428 Employee Cost 85 114 122 144 109 Other costs 380 429 555 754 576 EBITDA 412 530 5
Slide 22: Historical Balance Sheet
Historical Balance Sheet INR Mn Mar-18 Mar-19 Mar-20 Sep-20 INR Mn Mar-18 Mar-19 Mar-20 Sep-20 Shareholder’s Funds 807 1,120 1,455 1,693 Non-Current Assets 1704 1,834 1,840 1,800 Share Capital 57 57 57 57 Property Plant & Equipment 1,518 1,636 1,645 1,585 Other Equity 750 1,063 1,398 1,636 CWIP 81 1
Slide 23: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ganesh Benzoplast Ltd (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not
Slide 24: Thank You
For Further Information : Ganesh Benzoplast Limited CIN: L24200MH1986PLC039836 Dina Building, First Floor, 53, M K Road, Marine Lines, Mumbai – 400002 Email: contact@gblinfra.com Thank You 23
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