Ice Make Refrigeration Ltd. · NSE:ICEMAKE
Ice Make Refrigeration — Investor Presentation (September 2022)
32 slides from Ice Make Refrigeration's investor presentation, September 2022
Slide 1: Investors Presentation
ICE MAKE REFRIGERATION LIMITED INVESTORS PRESENTATION
Slide 2: Disclaimer
This presentation and the accompanying slides (of the Presentation), which have been prepared by Ice Make Refrigeration Limited (referred as ‘We’ or ‘the Company’ hereon) have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or s
Slide 3: Management message on year and growth opportunities
As a company, we held onto our business purpose and growth fundamentals throughout the year. We endured the unprecedented challenges with utmost willpower and prudence. The Covid-19 pandemic impacted the Indian cold chain market significantly. However, owing to various mobility restrictions, India g
Slide 4: Corporate Profile and Industries We Serve
CORPORATE PROFILE o Incorporated in 1993 INDUSTRIES WE SERVE o Headquartered in Ahmedabad o Among the country’s leading refrigeration equipment manufacturing Agriculture companies Dairy Hospitals o Strong customer base in domestic and overseas market o Strong R&D focused team Pharmaceuticals o Workf
Slide 5: Key Metrics and Business Verticals
KEY METRICS BUSINESS VERTICALS Promoters’ experience in 30+ years the cold chain industry Cold room ₹ 201.19 ₹ 15.46 Crores Crores Manufacturing plant 3 Commercial refrigeration REVENUE EBITDA 65+ Business associates FINANCIAL Industrial refrigeration STRENGTH Product basket 50+ PAT EPS Transport re
Slide 6: Revenue from Business Verticals, Mission and Vision
REVENUE FROM BUSINESS VERTICALS OUR MISSION o Dedicatedly produce high-quality end-to-end customised cooling solutions for a diverse 12.45% set of customers across the industries o Consistently exceed customers’ expectations through quality, on-time delivery and after- sales service o Remain agile &
Slide 7: Company milestones timeline
2019 2020 2021 2022 Launched low temperature, Completed 30 years of Expanded manufacturing Launched solar cold room low -humidity dryer, business; Launched facility for transport brand with the brand manufactured specifically Freeze Dryer for the farm Refrigeration, at Vamaj, name ‘SOLOPerifresh’ fo
Slide 8: Cold Room
COLD ROOM 2003 Year of Commencement PURPOSE Preservation chambers Insulating materials, such as MATERIAL USED Polyurethane Foam (PUF), with FOR BUILDING refrigeration system Capability to produce thickness of 60- 150 mm, as per customer needs; reducing deterioration of products during the FEATURES f
Slide 9: Solar Cold Room
SOLAR COLD ROOM 2018 Year of Commencement o Hybrid cold room designed for use throughout the year, even when there’s no sunlight o Can be used with an alternate power DESCRIPTION source during the absence of sunlight i.e. electric power and/or DG power o Comes with Plug & Play feature which makes it
Slide 10: Commercial Refrigeration
COMMERCIAL REFRIGERATION 1993 Year of Commencement Standardised temperature-controlled PURPOSE storage system Insulating materials, such as MATERIAL USED Polyurethane Foam (PUF), with FOR BUILDING refrigeration system Faster cooling through direct expansion, during tank made of AISI 304 SS, digital
Slide 11: Industrial Refrigeration
INDUSTRIAL REFRIGERATION 2003 Year of Commencement Facilitating temperature-controlled PURPOSE storage of large quantities of inventories Insulating materials, such as coolants, MATERIAL USED coils, compressors, chambers and FOR BUILDING conductors Ice water intensively cools the product FEATURES wi
Slide 12: Transport Refrigeration
TRANSPORT REFRIGERATION 2012 Year of Commencement To maintain refrigerated trucks and trailers temperatures of 1.5⁰ C to 4⁰ C for PURPOSE cold food, and -18⁰ C for all types of frozen food MATERIAL USED Insulating materials, and refrigeration FOR BUILDING systems, among others Low-weight, high-stren
Slide 13: Ammonia Refrigeration
AMMONIA REFRIGERATION 2018 Year of Commencement Ammonia is the only refrigerant that is exclusively and extensively used in food PURPOSE and dairy beverage & brewery and ice cream MATERIAL USED Cost-efficient, consumes less power, high FOR BUILDING turnover Hospitality, dairy, ice-cream, horticultur
Slide 14: SOLOPerifresh solar powered cold storage
Ice Make’s innovative solar powered cold storage, SOLOPerifresh, is for empowering the farmers and Farmer Producer Organisations (FPOs). HOW IS IT USEFUL? o SOLOPerifresh cold storage is powered by green energy which will enable farmers to maintain quality, freshness, and increase shelf-life of temp
Slide 15: Manufacturing Plants, Branch Offices and Representatives
o Equipped with latest & advanced technology, ensuring cost-efficiency & competitive pricing o Consistency in quality of products to meet industry standards o Strong marketing and distribution network o Efficient after-sales services o Team of skilled technical engineers MANUFACTURING PLANTS BRANCH
Slide 16: Global Footprint
GLOBAL FOOTPRINT U.S.A. Tanzania Uganda Zambia Nepal Sierra Leone Bhutan U.A.E. Japan Bahrain Kenya Congo Bangladesh Seychelles Algeria Maldives Nigeria Madagascar Libya Mauritius Sri Lanka Afghanistan Australia Disclaimer: This map is a generalised illustration only for the ease of the reader to un
Slide 17: Our Customers
HIMALAYAN AMUL COCA COLA HINDUSTAN UNILEVER SUBWAY KOHLER INDIAN RAILWAY FOOD PARK ADITYA BIRLA VADILAL MONGINIS INTAS KITCHEN EXPRESS SUDHA KMSCL CHEMICALS SIKKIM INDIAN RED CROSS HLL LIFECARE CAMBAY CO-OPERATIVE MILK ISRO ARVIND FUTURE RETAIL SOCIETY LIMITED PRODUCERS UNION LTD HAVMOR SANCHI THIRU
Slide 18: Indian Cold Chain Market Overview
- AN OVERVIEW INDIAN COLD CHAIN MARKET INDUSTRY KEY HIGHLIGHTS COLD CHAIN APPLICATION INDUSTRIES o Valued ₹ 1.59 Trillion in 2020-21 400 million MT Perishable food is produced every year o Anticipated to reach Hospitality ₹ 3.67 Trillion by 2026-27 World’s Largest Producer Of consumer and dairy prod
Slide 19: Growth Drivers
- GROWTH DRIVERS 2 4 Higher investment Healthcare 1 3 5 in cultivation of products like fruits and vaccines, vegetables would biopharmaceuticals increase and clinical trial requirement for products are Consumers are Cold chain logistics Rising need for refrigeration, sensitive to heat shifting to he
Slide 20: Operational Performance
OPERATIONAL PERFORMANCE 20
Slide 21: Vertical-wise Sales
- VERTICAL-WISE VERTICAL-WISE SALES IN 2021-22 (%) VERTICAL-WISE SALES IN 2020-21 (%) 12.45 7.42 11.17 9.83 50.17 18.75 22.60 55.23 7.42 4.95 Cold room Transport Refrigeration Cold room Transport Refrigeration Industrial Refrigeration Ammonia Refrigeration Industrial Refrigeration Ammonia Refrigerat
Slide 22: Zone-wise Sales
- ZONE-WISE ZONE-WISE SALES IN 2021-22 (%) ZONE-WISE SALES IN 2020-21 (%) 3.22 6.00 5.05 4.41 11.30 10.21 8.62 10.35 5.32 7.16 67.58 60.78 East South East South West Nation Dealer West Nation Dealer North Export North Export 22
Slide 23: Financial Performance
FINANCIAL PERFORMANCE 23
Slide 24: Quarterly Financials (Consolidated)
- QUARTERLY REVENUE FROM OPERATIONS EBITDA* EBITDA MARGIN (₹ In Lakhs) (₹ In Lakhs) (%) 7,479.11 909.98 12.06 5,207.68 550.4 10.44 Q4 2020-21 Q4 2021-22 Q4 2020-21 Q4 2021-22 Q4 2020-21 Q4 2021-22 PAT** PAT MARGIN (₹ In Lakhs) (%) 581.35 7.72 5.76 303.5 *EBITDA: Earnings Before Interest, Tax, Deprec
Slide 25: Quarterly Financials (Standalone)
- QUARTERLY REVENUE FROM OPERATIONS EBITDA* EBITDA MARGIN (₹ In Lakhs) (₹ In Lakhs) (%) 896.98 7,690.42 11.61 5,379.85 565 10.38 Q4 2020-21 Q4 2021-22 Q4 2020-21 Q4 2021-22 Q4 2020-21 Q4 2021-22 PAT** PAT MARGIN (₹ In Lakhs) (%) 553.43 7.16 5.48 298.11 *EBITDA: Earnings Before Interest, Tax, Depreci
Slide 26: Standalone Annual Financial Summary
(₹ in Lakhs) PARTICULARS 2021-22 2020-21 2019-20 2018-19 2017-18 TOTAL REVENUE 20,119.23 13,262.40 13,671.72 12,957.98 10,167.84 EBITDA* 1,546.38 1,168.39 1,491.59 1,417.20 1,301.07 EBIDTA MARGIN (%) 7.69 8.81 10.91 10.94 12.80 PAT** 809.99 449.32 666.86 783.44 663.32 PAT MARGIN (%) 4.05 3.39 4.88 6
Slide 27: Consolidated Annual Financial Summary
(₹ in Lakhs) PARTICULARS 2021-22 2020-21 2019-20 2018-19 2017-18 TOTAL REVENUE 20,680.29 13,587.10 13,815.54 13,200.70 10,326.24 EBITDA* 1,518.61 1,155.23 1,398.58 1,417.54 1,319.63 EBIDTA MARGIN (%) 7.34 8.50 10.12 10.74 12.78 PAT** 732.03 361.29 505.16 748.02 663.46 PAT MARGIN (%) 3.54 2.66 3.66 5
Slide 28: ESG Initiatives
- ESG INITIATIVES ENVIRONMENT SOCIAL GOVERNANCE o We understand the significance of o Our CSR wing aims to eradicate poverty and o Transparency and good corporate environmental protection hunger, to promote education, animal governance is among our top priorities welfare, health care including preve
Slide 29: Certifications and Awards
CERTIFICATIONS AWARDS o Received recognition for annual report 2017- 18, at the League of American Professionals (LACP) 2017-18 Vision Awards o Ranked 27th amongst the Top 100 Global CE Certification ISO 9001:2015 14001:2015 Reports, receiving ‘Gold’ for ‘Excellence in & ISO 45001:2018 Investor Comm
Slide 30: Board of Directors
- BOARD OF DIRECTORS MR. CHANDRAKANT P. PATEL MR. RAJENDRA P. PATEL MR. VIPUL I. PATEL Chairman & Managing Director Joint Managing Director Joint Managing Director Age: 54 years Age: 52 years Age: 47 years Co-founder and Promoter Director Co-founder and Promoter Director Co-founder and Promoter Dire
Slide 31: Board of Directors
- BOARD OF DIRECTORS MS. DARSHA R. KIKANI MR. HARSHADRAI P. PANDYA MR. KRISHNAKANT L. PATEL Independent Director Independent Director Independent Director Age: 65 years Age: 72 years Age: 64 years Company Secretary & Management Professional Engineer/Technical Businessman o Holds over 31 years of wor
Slide 32: Plant and Corporate Office
ICE MAKE REFRIGERATION LIMITED PLANT AND CORPORATE OFFICE 226, Dantali Industrial Estate, On Gota-Vadasar Road, Near Ahmedabad City, At: Dantali, Ta: Kalol, Dist.: Gandhinagar 382721, Gujarat, India CIN: L29220GJ2009PLC056482 Website: www.icemakeindia.com Phone: +91-9879107881 (Ext:- 220/221) Email:
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