Slide 1: Captain Polyplast Ltd Investor Presentation
CAPTAIN POLYPLAST LTD LEADER IN MICRO IRRIGATION SOLUTIONS INVESTOR PRESENTATION June 2020 Step into a GREEN future 1
Slide 2: Executive Summary
Executive Summary About the Company: Incorporated in 1997, Captain Polyplast Limited (CPL) has established itself as one of the leading brands in the micro irrigation industry with its excellent quality products and strong distribution network. CPL has a complete range of micro irrigation soluti
Slide 3: The Opportunity
The Opportunity 3
Slide 4: Micro Irrigation Benefits
Micro Irrigation Benefits Significant saving of water due to direct Benefits of Micro Irrigation (%) application near root zone instead of complete flooding of field. Water Use Efficiency 60% Ability to control soil moisture level helps Crop Yield proper crop growth and improve yields. 47% Impro
Slide 5: Myths vs. Reality of Micro Irrigation
Myths vs. Reality of Micro Irrigation Myths Reality Drip irrigation requires more water, Although it might seem to run longer than the traditional hose or sprinkler, drip has a which increases water utility bill. slower rate of water release, and directly delivers water to the root system for be
Slide 6: About Captain Polyplast Limited (CPL)
About Captain Polyplast Limited (CPL) 6
Slide 7: Company Overview
Company Overview Captain Polyplast Limited (CPL) is a micro irrigation system Consolidated Revenue (INR Mn) solutions provider founded by Mr. Ramesh Khichadia, 2,000 15.15% 16% Chairman and Managing Director, who is a B. Tech 1,800 14% (Agriculture Engineering) from Gujarat Agriculture University
Slide 8: Key Milestones
Key Milestones 1997 2006 2008 2011 2012 Registered with Special Gujarat Green Recognition Company was Award for Commenced Commenced incorporated. Revolution Manufacturing production of production of Company Ltd round drip line flat drip line Commencement for Supply of of quality using US using Israe
Slide 9: Facilities and Distribution Network
Facilities and Distribution Network CPL has its manufacturing units located at Rajkot, Gujarat and Kurnool, Andhra Pradesh. The company has 13 Sales Offices typically concentrated in Western & Northern parts of India. Rajkot, GUJARAT 13 Stock depots catering to 750+ dealers. Kurnool, ANDHRA
Slide 10: Manufacturing Facility
Manufacturing Facility CPL has set up their modern plant at National High-Way 27 at Shapar (Veraval) near Rajkot, Gujarat and Kurnool, Andhra Pradesh. Working along with the growing market demand, it is fully equipped with hi-tech machinery and tools, with Dripline machinery from Israel and USA,
Slide 11: Key Strengths
Key Strengths Optimal utilization of resources. Diversified Product Portfolio. Appointed as Del Credere Associates cum Consignment Stockists (DCA cum CS) by Indian Experienced Management Oil Corporation for marketing of polymer products in Gujarat. Team. Key Strengths Increasing Geographic
Slide 12: Future Growth Strategy
Future Growth Strategy Increase mix of cash sales (non- Network expansion within and outside subsidy MI sales, PVC pipes, water the country. soluble fertilizers, exports) to reduce working capital. 1 2 Expecting better utilization of the Appointment as DCA cum DOPW of capacity, thereby impro
Slide 13: Business Segments
Business Segments 13
Slide 14: Business Segments
Business Segments Drip Irrigation Sprinkler Systems Solar Systems Polymer Products Systems • Emitting Pipe • Brass Sprinklers • Solar Pumps • Polypropylene • Lateral Pipe • Mini Sprinkler • Solar Power Projects (PP Granules) • Emitters • Sprinkler Pipe • Solar Water Heater • Polyethylene • Header As
Slide 15: Micro Irrigation System
Micro Irrigation System Back wash valve Sand Separator pressure, Gauge By Pass valve Hydi r Screen Filter yy lydro-cyclons Vertury ir Sand Filter Well Water Source Air Valve Main Line Flush valve ‘Submain Line Dripper/Emitter 15
Slide 16: Micro Irrigation Subsidy Model
Micro Irrigation Subsidy Model Verification of design Design layout and cost and cost and subsidy Farmer approaches micro Field survey estimation given by Collection of application estimation given by irrigation company with GPS the company for subsidy regulators Farmer share Supply and Trial run an
Slide 17: Drip Irrigation System
Drip Irrigation System Drip irrigation is a form of micro irrigation that saves water Product Application and fertilizer by allowing water to trickle down drop by drop Emitting For Drip Irrigation Systems for close to the roots of the plants, either onto the soil surface or Pipes spacing crops. di
Slide 18: Sprinkler Pipes & Mini Sprinklers
Sprinkler Pipes & Mini Sprinklers CPL offers superior sprinkler irrigation system that is designed Product Application considering the crops grown, availability of water and its composition, type of soil, elevation, temperature, humidity Metal Sprinkler Sprinkler Irrigation and wind velocity in or
Slide 19: Solar Water Pumping Systems
Solar Water Pumping Systems Designed by CPL, Solar water pumps are considered simple and clean alternative to fuel burning engines as well as generators of domestic water, irrigation and livestock requirements. The company offers best solar pumps in three variants that primarily include Captain
Slide 20: Strategic Tie Up with Indian Oil Corporation Ltd (IOCL)
Strategic Tie Up with Indian Oil Corporation Ltd (IOCL) CPL was appointed as Del Credere Associate (DCA) and Consignment Stockiest (CS) of Indian Oil Corporation Ltd (IOCL) on February, 2017. The agreement entitles CPL to market the entire portfolio of IOCL’s polymer products (raw material for p
Slide 21: Greenhouse Irrigation System
Greenhouse Irrigation System CPL has a dedicated team of engineers for complete execution of Greenhouse system right from design stage to complete implementation of the project. The Company has seen a remarkable growth in the Greenhouse segment in the first year of operations where combined proj
Slide 22: Solar Power Plants
Solar Power Plants u Solar power plants are very efficient for providing electricity as they make use of the energy of the sun. As solar energy is used in abundance for various purposes, constant efforts are being made to improvise the efficiency of solar panels, solar power plants and other systems
Slide 23: Micro Irrigation Industry
Micro Irrigation Industry 23
Slide 24: History of Drip Irrigation
History of Drip Irrigation 1860s 1913 1920 1948 1960s 1969 Germany Colorado Germany UK Israel Israel Basic First An idea of drip work in Green Desert important house Drip irrigation can drip break areas of be traced irrigation operators Negev and irrigation through was adopted a pipes began to back
Slide 25: Global Potential for Micro Irrigation Industry
Global Potential for Micro Irrigation Industry According to a report by Transparency Market Research (TMR), the global opportunity in micro irrigation systems, which stood at USD 3.1 Bn in 2017. The growth in the global market looks undying in the near future with opportunity rising at a CAGR of
Slide 26: Micro Irrigation – Journey so far in India
Micro Irrigation – Journey so far in India 1995 Accelerated Irrigation Rural 1996 1992 Benefit Programme (AIBP) Infrastructure Development 2004 Centrally Sponsored Fund Scheme on Use of Integrated Scheme of Plastic in 2010 Oilseeds, Pulses, Oil-Palm National Agriculture and Maize (ISOPOM) Horticultu
Slide 27: State wise Micro Irrigation Industry
State wise Micro Irrigation Industry Progressive States:- Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Telangana. Under performing States:- Punjab, Jharkhand, Bihar, Chhattisgarh, Goa. States where MI is yet to pick up:- Arunachal Pradesh, Manipur, Me
Slide 28: Development of Micro Irrigation in India
Development of Micro Irrigation in India In India Drip Irrigation was introduced in the early seventies at the agricultural universities and other research institutes. Significant development took place only in the eighties and further gained momentum in the early nineties. India’s population
Slide 29: Growth Drivers for Micro Irrigation Industry
Growth Drivers for Micro Irrigation Industry Domestic Market Export Market PM Krushi Sinchay Yojna has proposed an investment of INR 50,000 crores South America and Africa have not yet explored MI, hence for the next 5 years integrating micro irrigation in the flagship scheme as there is huge potent
Slide 30: Financials
Financials 30
Slide 31: Consolidated Financial Highlights (IND AS)
Consolidated Financial Highlights (IND AS) Income Statement (INR Mn) FY18 FY19 FY20 Operational Income 1,246 1,492 1,862 Total Expenses 1,099 1,313 1,580 EBITDA 147 179 282 EBITDA Margins (%) 11.80% 12.00% 15.15% Depreciation 20 18 42 Interest 59 73 101 PBT before exceptional items 68 88 139 Extraor
Slide 32: Consolidated Balance Sheet (IND-AS)
Consolidated Balance Sheet (IND-AS) Assets (INR Mn) FY19 FY20 Liabilities (INR Mn) FY19 FY20 Assets Equity and Liabilities 1. Non-Current Assets: 1. Equity (a) Property, Plant and Equipments 108 168 Equity Share Capital 101 101 (b) Capital Work in Progress 72 - Other Equity (c) Investments accounted
Slide 33: Financial Performance – (Consolidated)
Financial Performance – (Consolidated) Revenue (INR Mn) EBITDA (INR Mn) and EBITDA Margins (%) 2,000 300 15.15% 18.00% 1,500 11.80% 12.00% 15.00% 200 12.00% 1,000 9.00% 100 6.00% 500 1,246 1,492 1,862 147 179 282 3.00% 0 0 0.00% FY18* FY19* FY20* FY18* FY19* FY20* EBITDA (INR Mn) EBITDA Margin (%) P
Slide 34: Capital Market Data
Capital Market Data Share Price Performance (As on 30th June, 2020) 20% 10% 0% -10% Sensex -20% Captain -30% -40% 01-Jan-20 01-Feb-20 01-Mar-20 01-Apr-20 01-May-20 01-Jun-20 Price Data (As on 30th June, 2020) Shareholding Pattern (As on 30th June, 2020) Face Value (INR) 2.0 Market Price (INR) 28.5 5
Slide 35: Disclaimer
Disclaimer Captain Polyplast Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all even
Slide 36: Thank You
Thank You 36