ANALYST MEET

ASTRAL POLY TECHNIK LIMITED 22nd May 2013

AGENDA
1. About the Company 2. Scenario of Plastics 3. Manufacturing Facilities 4. Products Portfolio 5. Marketing & Branding 6. Financials 7. Key Takeaways

Astral Poly Technik Ltd.

Complete Plumbing Solutions

CPVC (59%)

PVC (40%)

Others (1%)

Background:
Astral Poly Technik (APTL) was formed in 1999 to manufacture the CPVC plumbing systems in India. First licensee of Lubrizol (USA) to manufacture and market the CPVC plumbing systems in India. Started Lead free PVC based plumbing solutions in 2004. APTL has 3 manufacturing locations at Santej, Dholka and Baddi. New facility coming at Hosur. Developed extensive distribution channel of 400+ Distributors and 13,000+ Dealers across India at the end of FY13.

Management Structure
Chairman (Non Executive & Independent) Managing Director Executive Director Independent Director Non Executive Director Mr. K Raghunath Shenoy Mr. Sandeep Engineer Mrs. Jagruti Engineer Mr. Pradip Desai Mr. Kyle Thompson

Equity Structure As on 31.03.2013

Promoter Category: Mr. Sandeep Engineer & Family Promoter Group Company (Saumya Polymers LLP) Specialty Process LLC (US based technology Partner) 35.72% 18.92% 9.18%

Non-promoter Category: FIIs DIIs Others 11.72% 0.67% 23.79%

Scenario of Plastics
Plastic Consumption
120 100 80 60 40 20 USA Brazil China India 32 13 8 109

Per Capita Consumption (per KG)

(Source : Industry Estimate)

MANUFACTURING FACALITIES

MANUFACTURING FACILITY SANTEJ, GUJARAT

MANUFACTURING FACILITY SANTEJ, GUJARAT

MANUFACTURING FACILITY BADDI, HIMACHAL PRADESH

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MANUFACTURING FACILITY BADDI, HIMACHAL PRADESH

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At Dholka (Gujarat)

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At Dholka (Gujarat)

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Developments at Hosur New plant, Tamil Nadu

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Developments at Hosur Proposed plant, Tamil Nadu

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MANUFACTURING FACILITY - KENYA (JV)

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Products Portfolio

Our Product Lines

Our Current Tie Ups

Marketing & Branding

Baddi

Depot
Delhi Ahmedabad & Dholka

Plant

Goa Bangalore Vijaywada Hossur (Proposed) Coimbatore

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 Company has a presence in all the states of

the country.

Company is slowly increasing presence in

overseas markets.

We have more than 400+ distributors across

the country.

We have more than 13000+ dealers across the

country.

BRANDING

Outdoor

Print

Electronic

Exhibitions

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OUTDOOR

Auto Bus Hoarding Wall Painting Dealer Boards

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AUTO

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BUSES

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HOARDINGS AND DEALER BOARDS

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PRINT

Magazines
o o o o

Washroom & Beyond GIHED Connect Business Success Advisor Book Design Matrix Rajasthan Samachar Darpan Hardware Darpan Evening Plus

New Papers
o o o

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EXHIBITIONS

AceTech Plast India Plumbex IPA Secutech Native IPA Dcor India

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Award Recognition During 2012-13

We were recognized with Rising Power brands of India in 2012. For the year 2013 we have already been recognized as the Indian Power brand Mr.Sandeep Engineer, Managing Director of the Company has been awarded "PowerBrands Leadership Enterprising Entrepreneur 2012 Award". AMA (Ahmedabad Management Association) has conferred Mr. Sandeep Engineer as the Outstanding Entrepreneur Award for the year 2012-13
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FINANCIALS

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Sales (Rs. Mn.) CAGR of 43%

9,000 8,211 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 FY07 FY08 FY09 FY10 FY11 FY12 FY13 969 1,933 1,358 2,902 4,108 5,793

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EBITA (Rs. Mn.) CAGR of 41%

1,200 1,000 837 800 600 428 400 200 FY07 FY08 FY09 FY10 FY11 FY12 FY13 209 140 309 566 1,118

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PBT (Rs. Mn.) CAGR of 39%

900 800 700 600 500 400 300 200 100 FY07 FY08 FY09 FY10 FY11 FY12 FY13 194 108 163 337 504 422 779

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PAT (Rs. Mn.) CAGR of 37%

700 600 500 400 300 200 100 FY07 FY08 FY09 FY10 FY11 FY12 FY13 91 171 142 280 398 336 595

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EPS (IN RS.)

30.00 26.48 25.00 20.00 15.00 10.00 5.85 5.00 FY07 FY08 FY09 FY10 FY11 FY12 FY13 14.95 12.47 7.59 17.69

6.31

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Cash Profit (Rs. Mn.) CAGR of 38%

900 800 700 600 500 400 300 200 100 FY07 FY08 FY09 FY10 FY11 FY12 FY13 113 203 204 366 443 531 772

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RoACE & RoANW (in %)

40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 FY07 FY08 FY09 FY10 FY11 FY12 FY13 5.0 18.6 18.9 10.0 16.7 22.3 24.5 28.2 23.1 24.1 26.9 28.0 25.4 24.0 34.9 34.4 20.0 15.0 25.0 30.0

RoACE (in %) - LHS

RoANW (in %) - RHS

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DEBT/EQUITY RATIO
0.60 0.50 0.40 0.31 0.30 0.21 0.20 0.10 FY07 FY08 FY09 FY10 FY11 FY12 FY13 0.22 0.30 0.48 0.42 0.37

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ASSETS TURNOVER RATIO

3.50 2.98 3.00 2.50 2.00 1.50 1.00 0.50 FY07 FY08 FY09 FY10 FY11 FY12 FY13 2.66 2.71 2.06 2.61 2.87

3.04

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Working Capital Turnover Ratio

12.0 10.0 8.0 8.0 6.0 4.0 4.0 2.0 FY07 FY08 FY09 FY10 FY11 FY12 FY13 1.7 2.5 7.1 4.4 9.4

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Capacity in M.T.
90,000 80,000 Capacity (in Mn Tonne) 70,000 60,000 50,000 40,000 30,000 20,000 10,000 FY07 FY08 FY09 FY10 FY11 FY12 FY13 9,074 11,800 25,968 30,867 42.99 48,432 56.11 58.43 62.89 58.41 64.10 59.28 65,496 77,212 70.00 60.00 50.00 40.00 30.00 20.00 10.00 Capacity Utilization (in %)

Capacity (Mn Tonne)

Capacity Utilization (in %)

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Production Vol. (M.T.) CAGR of 46%

60,000 50,000 40,000 30,000 20,000 11,163 10,000 FY07 FY08 FY09 FY10 FY11 FY12 FY13 5,091 6,895 19,411 28,289 38,825 49,495

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Sales, Inventory & Debtors (Rs. Mn.)

9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 969 1,000 1,933 1,358 862 697 495 265 784 194 674 413 329 203 FY07 FY08 FY09 FY10 FY11 1,255 2,902 1,481 1,047 4,108 5,793 Sales Inventories Debtors 8,211

1,025

FY12

FY13

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CAPEX DETAILS (In Mn.)

SR. NO. 1 2 3 4 Name FY 12 FY 13 (Proposed) 250.00 50.00 225.00 525.00 TOTAL

Land Building Plant & Machineries TOTAL

231.59 139.81 308.13 679.53

481.59 189.81 533.13 1,204.53

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Acquisition of Land for Expansion

Location At Santej At Dholka At Hosur Total Area (sq. mts.) 20,502 1,06,434 24,200 1,51,136

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Performance of Subsidiary Advanced Adhesives Limited (Manufacturing of Solvent Cement)

Particulars Sales EBITA PBT PAT Amount (In Mn.) 123.8 35.6 33.2 24.4

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KEY TAKE AWAYS

Company Consistently Delivering 40%+ growth since last 8 years. Company has a ready Capacity which can take the top line up to 12800 Mn (56% up From Present Topline) Company has new products such as Bendable , Blazemaster, Column Pipe etc in pipeline which will help in maintaining growth momentum besides existing products Hosor Plant will help in improving the southern market sales and improvement in margins. Local Manufacturing of Solvent Cement will help in improving the margins. Highly Under Leverage Company
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ASTRAL POLY TECHNIK LIMITED

Come Flow With Us & Grow With Us

THANK YOU
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