Hle Glascoat Ltd · NSE:HLEGLAS
Hle Glascoat — Merger or Acquisition (August 2023)
11 slides from Hle Glascoat's merger presentation, Aug 9, 2023
Slide 1: Acquisition of Controlling Interest in Kinam Engineering Industries
ACQUISITION OF CONTROLLING INTEREST IN KINAM ENGINEERING INDUSTRIES HLE Glascoat Limited August 2023 1
Slide 2: 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 3: Kinam Engineering Industries - Overview
Kinam Engineering Industries - Overview Cumulative for FY19 to FY22 Chemicals and pharmaceutical sectors account for 60 – 70% of Kinam Engineering Industries (Partnership Firm) is engaged in the business of manufacturing heat revenues exchangers for the chemical and pharmaceutical industries. Kinam
Slide 4: Widest Product Range in the Industry
Widest Product Range in the Industry Shell & Tube Heat Exchanger Corrugated Tube Heat Exchanger Spiral Heat Exchanger Box Heat Exchanger Brand & product • Integrated with KICC corrugated • Similar to conventional tubular Comprises of circular units tube technology • Consists of a shell with a bundle
Slide 5: Capabilities
Capabilities Dedicated and Specialists in Pioneer Team led by State-of-the- Supports experienced heat among Indian professionals art software project engineering, exchangers - players on and capability for specific design & knowledge multiple experienced designing, customised proposal base technolog
Slide 6: Manufacturing Facility
Manufacturing Facility • The Manufacturing Facility is situated at Ambernath (near Mumbai), with a total area of 1,10,000 sq fts, area under cranes ~ 70,000 sq ft. in a leased premises o It is well equipped with state-of-the-art equipment, a single EOT crane of 50T capacity o The Facility is capable
Slide 7: Firm's relationships with Marquee Customers
Firm’s relationships with Marquee Customers 7
Slide 8: Financials and Valuation Parameters
Financials and Valuation Parameters FY 2020-21 FY 2021-21 FY 2022-23 Revenue 56.17 Cr 103.87 Cr 122.07 Cr Valuation Parameters based on FY23 Audited Financials EBIDTA 10.47 Cr 26.09 Cr 29.94 Cr EV/ EBITDA Multiple – 8.29 % EBIDTA % 18.64 % 25.12 % 24.03 % PBT Multiple – 9.05 % PBT 6.75 Cr 21.72 Cr 2
Slide 9: Synergies from Kinam Engineering
Synergies from Kinam Engineering The Products manufactured by Kinam are complementary to It would also lead to administrative efficiency and optimal utilization HLE Glascoat’s product lines, and there is likely to be very good of various resources being in a similar line of business and provide a sy
Slide 10: Transaction Structure
Transaction Structure The Transaction is comprised of the following phases: Resultant Structure* The Company will acquire 35.56% of profit share and ownership interest in the Phase I Firm, directly from its partners Mr. Kirit Mehta and Mr. Mehul Mehta, as well as Mehta Family* HLE Glascoat 0.5% of t
Slide 11: Thank You
Thank You Company : Investor Relations Advisors : Mr. Naveen Kandpal Chief Financial Officer Orient Capital (a division of Link Group) investor.relations@hleglascoat.co Mr. Ronak Jain m +91 98209 50544 CIN: L26100GJ1991PLC016173 ronak.jain@linkintime.co.in Mr. Irfan Raeen +91 97737 78669 irfan.raeen