Cool Caps Industries Limited · NSE:COOLCAPS
Cool Caps Industries — Q1 FY24 Earnings Presentation
41 slides from Cool Caps Industries's earnings presentation, Aug 14, 2023
Slide 1: Cover letter to NSE for investor presentation
goCIt CAPS INDUSTtsIES t.INdITE.D Regd. Office : 23, Sarat Bose Road, 1st Floor, Suite - 1C, Kolkata -700 O20, W.8., lndia COOL CAPS Ph. : 033 4070 3238, E-mail : accounts@coolcapsindustries.in / cs@coolcapsindustries.tn INDUSTRIES CIN : 1271 01W8201 5P1C208523 SYMBOL: COOLCAPS Dated: 14,08.2023 lSl
Slide 2: Cool Caps Industries Ltd Q1 FY24 Investor Presentation
COOL CAPS INDUSTRIES LTD THE PERFECT CLOSURE FOR YOUR BOTTLE Q1’FY24 INVESTOR PRESENTATION Refer to Disclaimer
Slide 3: Disclaimer
Disclaimer This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Cool Caps Industries Ltd (“Cool Caps”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection w
Slide 4: Contents
Contents Performance About Business 1 Highlights 2 Us 3 Overview ▪ Organisation Structure; Business Mix ▪ Quarterly Highlights ▪ Company Background ▪ Product Portfolio; Raw Material to Finished Goods ▪ Quarterly Financial Summary ▪ Lead Management ▪ Business Units; Business Operations ▪ Journey ▪ On
Slide 5: Performance Highlights (Q1'FY24)
Performance Highlights (Q1’FY24)* Revenue EBITDA EBITDA Margin INR 358.7 Mn INR 42.5 Mn 11.9% 31.0% 43.6% +104 bps YoY YoY YoY PBT Net Profit EPS INR 24.1 Mn INR 17.2 Mn INR 1.49 21.5% 15.2% 15.2% YoY YoY YoY *Consolidated Investor Presentation 4
Slide 6: Quarterly Income Statement (Consolidated)
Quarterly Income Statement (Consolidated) Particulars (INR Mn) Q1FY24 Q4FY23 Q1FY23 YoY% FY23 FY22 YoY% Revenue from Operations 358.7 591.2 273.9 31.0 1816.4 529.0 243.4 Total Expenditure 316.2 543.2 244.3 29.4 1675.9 452.4 270.4 EBITDA 42.5 48.0 29.6 43.6 140.6 76.6 83.6 EBITDA Margin (%) 11.9 8.1
Slide 7: About Us
ABOUT US
Slide 8: About Us
About Us November, 2015 March, 2022 Kolkata, West Bengal Pan India Incorporation IPO Head Office Presence & Distribution Network Cool Caps Industries Ltd. is mainly engaged in the business of manufacturing of a wide range of Plastic Bottle Caps and closures, and also trade in Shrink films & Plastic
Slide 9: Lead Management
Lead Management • 30+ years of experience in the Indian Plastic Packaging Industry. • He completed his graduation from University of Kolkata and successfully completed his ICWA in 1993. • The foundation of our business was laid down by Mr. Rajeev Goenka, who ventured into plastic industry back in 19
Slide 10: Lead Management
Lead Management • 9+ years of overall experience including work experience in Advisory Services with Ernst & Young LLP for ~3.5 years. • He completed his ISB-EY programme in General Management from Indian School of Business, Hyderabad and Bachelor of Commerce (Honors) from St. Xavier’s College, Kolk
Slide 11: Our Journey
Our Journey 1994 2007 2017 2021 2023 Started as S.R Enterprises, a Purv Flexipack commenced its Formed Cool Caps Industries • Purv Packaging commenced Cool Caps Industries Ltd proprietorship firm, trades in operations at Guwahati. Pvt. Ltd. to start the first manufacturing of Anti Microbial register
Slide 12: Business Overview
BUSINESS OVERVIEW
Slide 13: Business Overview
Business Overview Cool Caps Industries Limited Current Activity: Purv Technoplast Purv Ecoplast o Manufacturing of - Purv Packaging (Subsidiary) (Subsidiary) ▪ Alaska Caps & CSD Caps (Subsidiary) (Capacity: 180 Mn caps p.m.) Recycling Activity Commencing: Current Activity: ▪ 5 Ltr & 10 Ltr PET Prefo
Slide 14: Business Mix
Business Mix Manufacturing Plastic Trading in Trading of Bottle Caps Shrink Film Plastic Granules 40% 7% 53% Our company is mainly engaged in the This product has a demand within our Our company is also involved in trading of business of manufacturing of a wide range of existing customer base and th
Slide 15: Product Portfolio
Current Upcoming Proposed Product Portfolio Mineral Water Alaska Caps Shrink Films RPET Flakes Bottle Caps (For Mineral Water Bottle) RPET Chips/ Juice Bottle Caps Preforms Alaska Caps Granules (For Mineral Water Bottle) Multilayer Flexible Soda Bottle AlaskaCaps Caps Company is expanding its Packag
Slide 16: Raw Material to Finished Goods
Raw Material to Finished Goods LDPE/LLDPE HDPE Granules BOPP Films Films Mineral 27mm Alaska Used Water Used Packaging Anti-microbial Used Shrink Film Packaging Caps for Bottle for Film for 28mm CSD Used Soda Multi-layer Used Labelling & Used Bottle Packaging Labels Closures for Bottle Flexible Film
Slide 17: Business Unit (1/4)
Business Unit (1/4) Purv Technoplast (wholly owned subsidiary) Current Operations Future Operations PET Bottles Washing & Cleaning RPET Flakes RPET Flakes RPET Chips (To be manf. in Purv Ecoplast) Demographics: Business Operations: Location: Nalbari (Assam) • RPET Flakes will be sold in the open mar
Slide 18: Business Unit (2/4)
Business Unit (2/4) Purv Ecoplast (wholly owned subsidiary) Current Operations Future Operations LDPE/LLDPE Films Shrink Films & Zip Lock Bags RPET Flakes RPET Chips Preforms (Supplied from Purv Technoplast) (Mfg. in Cool Caps Ind.) Demographics: Business Operations: Location: Howrah (West Bengal) •
Slide 19: Business Unit (3/4)
Business Unit (3/4) Cool Caps Industries Ltd Current Operations Future Operations HDPE Granules Alaska & CSD Caps RPET Chips Preforms HDPE/PCPP Granules Bottle handles (Supplied from Purv Ecoplast) PET Granules Preforms Demographics: Business Operations: • Manufacturing of 27mm Alaska Caps & CSD Cap
Slide 20: Business Unit (4/4)
Business Unit (4/4) Purv Packaging (wholly owned subsidiary) Current Operations Future Operations BOPP Films Anti – Microbial Polyester Films Printing of Labels Demographics: Business Operations: Location: Howrah (West Bengal) • Production of anti-microbial polyester films from BOPP films. Operation
Slide 21: Business Operations
Business Operations Presence across the value chain for FMCG Packaging Manufacturing Printing • LDPE Film • Rotogravure Printing Machine. • Shrink Wrap • Flexo Printing Machine with 8 45% • Caps & Closures 10% colours. Distribution Pouching • PET, CPP & BOPP Films • Plain, stand up, side seal, spout
Slide 22: One Stop Solution - Beverage Packaging
One Stop Solution - Beverage Packaging • 27 MM Alaska Caps with a capacity of 2170 Mn caps p.a. #1 38% Mineral Water Caps • Printed & Embossed • Through compression molding machine • CSD- 1 pc / 2 pc #2 6% CSD (Caps) • Capacity of 300 Mn caps p.a. • Through compression molding machine • 5 Litre Jar:
Slide 23: CAPEX & Capacity
CAPEX & Capacity INR 800 Million INR 600 Million o Setup of New Unit at Nalbari, Assam for converting o Setup of New units in Assam & Telangana RPET Flakes to RPET Chips o Manufacturing of Bottle Caps & Jars o Operational from April 2025 onwards o Additional Capacity o Proposed Capacity – 18000 Tonn
Slide 24: Geographical Presence
Geographical Presence Operational Locations • 28 years in business from S.R Enterprises to Cool Caps Industries Limited. 5+ years of experience in manufacturing. • Cool Caps Industries Ltd. have a widespread network of 3 manufacturing units, 1 corporate office from and 2 branch offices North to East
Slide 25: Recycling
Recycling FDA approved fully automated PET Bottle Recycling Facility in Nalbari, Assam The key point of post-consumer PET bottle recycling is the removal percentage of impurity which is mixed in the duration from beverage factory to recycling point. Stage I - Purv Technoplast Stage II - Purv Ecoplas
Slide 26: Recycling Strategy
Recycling Strategy Collection & Conversion Manufacturing of Plastic Bottles to of Caps & Closures, Segregation RPET Flakes Preforms, Handles, of Plastic Waste Bottles Shrink Films & Others BACKWARD INTEGRATION Washing & Cleaning Transformation of Waste Bottles of RPET Flakes to RPET ensuring minimum
Slide 27: Clientele
Clientele With the growth in the business of these super giants, eventually cool caps will grow Top Customer & Suppliers (Rs mn) with pace, alongside expansion and innovation the future. 1521.0 1451.9 803.9 647.6 Customers Suppliers Top 5 Top 10 Investor Presentation 26
Slide 28: SWOT Analysis
SWOT Analysis Strengths Weaknesses • Modern technology plant & • Limited reach in the exports market. machineries, therefore increased • • efficiency & decreased costs. Cordial relations with customers In depth knowledge of industry – S commercial & technical. • Experienced Management & Operational
Slide 29: Competitive Strengths
Competitive Strengths Location EPR o Cool Caps Industries falls in the Category (iv) o 1st in North-East to set up a recycling facility for plastic plastic waste processor with its upcoming waste project as per the guidelines of MoEFCC, which o Ease in import of raw materials from nearby countries l
Slide 30: Industry Overview
INDUSTRY OVERVIEW
Slide 31: Why PET?
Why PET? In India, PET resin consumption has grown by an average of 10-12% per year, reaching 1.10 Mn tones per year (TPA) in 2020. Why the Global focus is on PET: The Global Recycled PET Market: • Pet is transparent, reclose-able and can be designed to be reusable with the added advantage of being
Slide 32: Plastic Industry
Plastic Industry Indian plastic industry market is one of the leading sectors in the country’s economy. Plastic Industry (USD Bn) 1000.0 823.8 Government Initiatives USD Billion $ 800.0 609.0 • The Union Ministry of Commerce and Industry of India targets to increase the plastic exports of the 600.0
Slide 33: Benefits of Recycling
Benefits of Recycling Industry Benefits: Can improve the life of some of Boost in Sales due to consumer Companies that use recycled the most marginalized awareness & government has plastic are more likely to attract communities in India & also made it mandatory to use attention, helping in creating
Slide 34: Financial Highlights
Financial Highlights
Slide 35: Annual Income Statement (Consolidated)
Annual Income Statement (Consolidated) Particulars (INR Mn) FY20 FY21 FY22 FY23 Revenue from Operations 255.78 311.31 528.98 1816.43 Total Expenditure 195.36 239.73 452.42 1675.87 EBITDA 60.42 71.58 76.56 140.56 EBITDA Margin (%) 23.62 22.99 14.47 7.74 Other Income 1.75 1.67 13.20 13.77 Depreciation
Slide 36: Annual Balance Sheet (Consolidated)
Annual Balance Sheet (Consolidated) Particulars (INR Mn) FY23 FY22 Particulars (INR Mn) FY23 FY22 Equity and Liabilities Assets Equity Non-Current Assets Equity Share Capital 115.60 115.60 Property, Plant and Equipment & Intangible Assets Reserves & Surplus 244.48 187.38 Total Equity 360.08 302.98 -
Slide 37: Performance Charts (Consolidated)
Performance Charts (Consolidated) Revenue (INR Mn) EBITDA (INR Mn) 2000 150 1800 100 1600 140.6 50 1400 71.6 76.6 60.4 1200 0 FY20 FY21 FY22 FY23 1000 1816.4 PAT (INR Mn) 800 60 600 50 40 400 30 57.1 528.9 45.7 200 20 35.7 255.8 311.3 32.1 10 0 0 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Investor Pres
Slide 38: Way Forward
Way Forward
Slide 39: Proposed Business Structure
Proposed Business Structure Our business model focuses on waste management and washing services. In accordance with the Latest Plastic Waste Management (Amendment) Rules, 2022, the company now seeks to address growing demand for PET Flakes. Collection & • Open market purchase of waste materials. • A
Slide 40: Way Forward
Way Forward Apart from using RPET Flakes & RPET Chips/ Granules for inhouse consumption, it will be supplied to other players of the industry adding to the revenue of the company. Preforms & Bottle handles of different Backward integration will lead the dimensions, printed bottle labels are company
Slide 41: Thank You
THANK YOU For further details kindly contact KAPTIFY ® Consulting Strategy & Investor Relations | Consulting Tel: +91-845 288 6099 | Email: contact@kaptify.in www.kaptify.in