Borosil Scientific Limited · NSE:BOROSCI
Borosil Scientific — Q2 FY25 Earnings Presentation
28 slides from Borosil Scientific's earnings presentation, Nov 14, 2024
Slide 1: Exchange filing cover letter
November 14, 2024 BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 544184 Trading Symbol: BOROSCI Dear Sir(s), Sub: Investor presentation on t
Slide 2: Investor Presentation Q2FY25
Enabling the Future of Science INVESTOR PRESENTATION Q2FY25
Slide 3: Safe Harbour
Safe Harbour This investor presentation has been prepared by Borosil Scientific Limited (“Company”) on a strictly confidential basis. Certain statements in this presentation may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward looking statements re
Slide 4: Borosil Scientific Debuts on BSE & NSE – 7th June 2024
Borosil Scientific Debuts on BSE & NSE – 7th June 2024 3
Slide 5: The BOROSIL Group
The BOROSIL Group The Borosil Group is a prominent Indian conglomerate that has made significant contributions to the glassware and laboratory products industry. Founded in 1962, the group has become one of the leading players in Scientific & Industrial glassware, Consumer & Kitchenware products and
Slide 6: A Legacy of more than 6 decades
A Legacy of more than 6 decades… Entry into Entry in Pharma Process System Primary Current Indian through Packaging with promoters took acquisition of acquisition of over Goel Scientific Klasspack pvt Glass Works, ltd, Nasik Baroda Scientific Division demerged from Instituted Borosil Ltd on Shifted
Slide 7: Vision Purpose Values
Vision To be the most customer-centric company Purpose Being an Indian manufacturer, our purpose is to develop safe and high-quality products that are accessible to all scientific industries in India and across the globe. Values Integrity Customer Respect Continual Accountability Safety Focus Suppor
Slide 8: About BOROSIL Scientific Limited
About BOROSIL Scientific Limited 4000+ SKUs spanning over 4 verticals The Largest Proud indigenous manufacturer of Manufacturer of Laboratory Laboratory Equipment of Glassware 4 Manufacturing locations in India in India global quality standards 4 Warehouses PAN India One of the leading Manufacturing
Slide 9: Our Business Segments
Our Business Segments Glassware Scientific Segment Segment Lab Lab Process Pharma Primary Domestic Glassware Equipment System Packaging Glassware The Largest Manufacturer of Laboratory Glassware in India 8
Slide 10: Scientific Segment
Scientific Segment Since the last 62 years, we have offered a comprehensive range of laboratory glassware and Laboratory accessories which include Calibrated Products, Laboratory bottles, wide range of laboratory Glassware glassware including Quartz ware. Our exclusive Analytical Vial range has spar
Slide 11: Glassware Segment
Glassware Segment Pharmaceutical We specialize in the production of Glass Ampoules and Tubular Glass Vials, serving as primary Primary packaging materials for pharmaceutical companies producing life-saving injectables. Packaging Our extensive range includes diverse Glass Ampoules and Tubular Glass V
Slide 12: Financial Overview Q2FY25
Financial Overview Q2FY25 Standalone Consolidated Particulars (₹ Crs) Q2FY24 Q2FY25 Growth% Q2FY24 Q2FY25 Growth% Net Sales 84.3 87.0 3.2% 92.0 102.6 11.6% EBITDA 13.9 15.2 9.9% 10.9 17.4 59.4% EBITDA (%) 16.4% 17.5% 11.9% 16.9% EBIT 10.4 11.0 6.2% 7.1 12.8 80.8% PBT 10.1 10.8 7.4% 6.3 12.4 96.1% PA
Slide 13: Financial Overview H1FY25
Financial Overview H1FY25 Standalone Consolidated Particulars (₹ Crs) H1FY24 H1FY25 Growth% H1FY24 H1FY25 Growth% Net Sales 164.1 180.4 10.0% 179.5 206.8 15.2% EBITDA 21.2 28.3 33.9% 17.7 29.4 65.6% EBITDA (%) 12.9% 15.7% 9.9% 14.2% EBIT 14.3 19.9 39.3% 10.2 20.2 97.1% PBT 13.7 19.5 42.0% 8.8 19.4 1
Slide 14: Category wise Sales Q2/H1FY25 (Consolidated)
Category wise Sales Q2/H1FY25 (Consolidated) Consolidated Particulars (₹ Crs) Q2FY24 Q2FY25 Growth% H1FY24 H1FY25 Growth% Scientific Segment Lab Consumables 36.2 35.1 -3.2% 86.6 96.3 11.2% Lab Equipments 5.9 9.0 51.3% 12.2 17.3 42.6% Process System 16.1 27.0 67.6% 16.2 27.6 70.9% SubTotal 58.3 71.1
Slide 15: Customer Segments
Customer Segments School, College & Testing Lab, 2% Universities, 13% Agricultural, 2% Cement & Mining, 0% Chemical, 1% Dairy, 1% Feed, 2% Food & Beverage, 2% Pharmaceuticals, 61% Government Research Institute, 14% Hospital & Diagnostic, 2% For FY24 14
Slide 16: Growth Theme
Growth Theme 01 02 03 04 Capitalizing on the Leveraging the Brand New Product Focus on Exports ‘Make in India’ ‘BOROSIL’ Development Initiative Borosil Scientific is a strong Borosil is a trusted name across We have a dedicated research & Strategic partnerships in various proponent of the ‘Make in I
Slide 17: Medium Term Goals
Medium Term Goals Achieve Revenue CAGR of 12-14% Improve EBITDA margins • Sustain our leading market • Emphasis on Process Sciences presence in pharmaceutical and lab equipment due to its REVENUE laboratory glassware high-profit margins EBITDA • Enhance export opportunities • Focus on improving our
Slide 18: Market Opportunity In India
Market Opportunity In India Scientific Segment Glassware Segment Laboratory Glassware Laboratory Equipment Process Equipment Pharmaceutical & Consumables Primary Packaging Serviceable Addressable Total Addressable Market Total Addressable Market size : ₹1362 Cr Serviceable Addressable Market : ~₹600
Slide 19: New Product Development
New Product Development Fat with randall Fiber with Moisture Handheld Vial Inserts Micro Vials fiber bags analyser Photometer UV Visible Spectrophotometer e-dispenser e-Titrate Over head Stirrer Hot plate stirrer Quartz Distillation 18 Unit
Slide 20: Worldwide Product Presence
Worldwide Product Presence 90+ Countries Laboratory Glassware Pharma Primary Packing Vials & Ampoules 19
Slide 21: Certifications
Certifications QMS for Design, Development, OHS Management System for Design, Manufacture & Supply of Scientific Development, Manufacturing & Laboratory Equipments & Instruments Supplying of Glasswares by TÜV Nord Cert GmbH QMS for EMS for Design, manufacturing and Development, Manufacturing supply
Slide 22: Leading Pharma Companies Believe in BOROSIL Scientific Limited
Leading Pharma Companies Believe in BOROSIL Scientific Limited 21
Slide 23: Catering to Diverse Market Segments
Catering to Diverse Market Segments Research Institutes CSIR ICAR ICMR DBT DRDO DRDO Agriculture Food & Feed Chemical 22
Slide 24: Sustainable practices and ESG priorities
Borosil Scientific Limited actively strives to integrate sustainable practices into its core operations demonstrating its commitment for a greener future Our strategic ESG priorities Way Forward • Enhancing energy efficiency • 450 kW Solar roof Top Project under • Reducing the water consumption and
Slide 25: Awards & Accolades
Awards & Accolades 2024 2024 2024 Gold Award- 49th CII National Silver Award- 15th CII National Excellence award in Quality Circle Forum Kai-zen Competition under Poka Yoke Competition under of India - NCQC -2023. 37th National Innovative Category Prevention & Control Type Convention on Quality Conc
Slide 26: Shareholding
Shareholding Shareholding % as on 30th Sep 2024 Public & Others 31.74% ~₹1629crs Market CAP DIIs Promoter & 0.37% Promoter Group 67.87% 544184 BOROSCI FIIs 0.02% BSE Ticker NSE Ticker Market Cap (NSE) as on 11TH Nov 2024 Promoter & Promoter Group FIIs DIIs Public & Others 25
Slide 27: Board Members
Board Members Mr. Pradeep Kumar Kheruka Mr. Shreevar Kheruka Non-Executive Director Non-Executive Director Mr. Vinayak Patankar Mr. Kewal Handa Whole-Time Director & Chairman & Chief Executive Officer Independent Director Mr. Chandra Kishore Mishra Mrs. Anupa Sahney Independent Director Independent
Slide 28: Stay connected with us!
Balesh Talapady Vice President Investor Relations Balesh.Talapady@borosil.com Stay connected with us! www.borosilscientific.com Registered & Corporate Office: 1101,11th Floor, Crescenzo, G-Block, Plot No C-38, Opp. MCA Club, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 27