Investor Presentation · Gypsum board is the technical product name used by manufacturers to define...

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Investor Presentation Jan 2018 R

Transcript of Investor Presentation · Gypsum board is the technical product name used by manufacturers to define...

Page 1: Investor Presentation · Gypsum board is the technical product name used by manufacturers to define a specific gypsum-core board material that is typically installed on the walls

Investor PresentationJan 2018

R

Page 2: Investor Presentation · Gypsum board is the technical product name used by manufacturers to define a specific gypsum-core board material that is typically installed on the walls

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TABLE OF CONTENTS

Industry Over View About Gypsum and wall plaster

About VANS GYPSUM Management Team Organization Structure

Product Suite VANS Ceiling Tiles Gyplast

Gypbond Product Competitor Comparison SWOT

Financials Business Indicators Key Clients and Customer Orders

Marketing and Communication Test Reports Annexures

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INDUSTRY OVERVIEW

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INDUSTRY OVERVIEW

The global gypsum market is valued to reach 2.4 Billion USD by 2018 and 3.8 Billion USD by 2026. The real drive forgrowth lies in Asia, particularly in China and India, where construction and infrastructure work has exploded in recentyears. It is expected that Asia will surpass North America to be the world’s largest gypsum board production base, leadby China. The Companies that can dominate includes BNBM, German Knauf, Australian BORAL and French Saint-Gobain.

In India, gypsum reserves are located in Gujarat, Rajasthan, Jammu and Kashmir, Himachal Pradesh, Tamil Nadu andUttar Pradesh. About 90% of India's total gypsum production comes from western and north-western Rajasthan.

At present, usable gypsum reserves in India amount to 140 – 150 Million Tonne, of which around 125 Million Tonne isavailable to the cement industry. These numbers are for Rajasthan and Gujarat, as reserves in other states areunusable.

On the back of rising demand from industries such as construction, ceramic, cement etc., the India gypsum market ispoised to grow significantly in the coming years. Government is also backing the industry by allowing up to 100% foreigndirect investment (FDI) for gypsum products. As a result, FDI inflows to gypsum products industry in India haveregistered significant growth in the last few years.

Moreover, with ongoing rapid infrastructural developments, the country’s gypsum consumption is rising briskly. Tomatch up this growing demand, Indian cement makers are now looking for acquisitions of overseas gypsum mines as avaluable option. The country is thus anticipated to witness huge growth in gypsum consumption.

Source: *www.smithersapex.com

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GYPSUM TILES, BOARDS AND WALL PLASTER

Relevance of gypsum usage in India (other than for cement industry)

Gypsum BoardsGypsum board is the technical product name used by manufacturers to define a specific gypsum-core board material that is typically installed on the walls and ceilings of the interior or exterior of a residential or non-residential structure. Drywall and plasterboard are non-technical synonyms for gypsum board. Gypsum board is the premier building materialfor wall, ceiling, and partition systems in residential, institutional, and commercial structures. Gypsum products provide fire resistance, sound control, economy, versatility, quality, and convenience.

Gypsum TilesCeiling suspension systems (Gypsum Tiles) are composed of a lattice that is suspended from the ceiling by string or wire. Ceiling tiles arelaid upon the lattice. Suspended ceilings are often used in offices and commercial buildings. Different gypsum ceiling tile designs providedifferent acoustical and aesthetic qualities. They are available in many varieties. The installation of the tiles is not difficult, but theinstallation of the suspension system is generally performed by professional installers. Gypsum Tile has become a material of choice inconstruction industry because of its unique properties. It has excellent insulation properties both thermal and acoustic and can offer verygood passive fire protection, moisture resistance, impact resistance and vapour control when used in combination with the right systems.

Gypsum Wall PlasterWhen a wall is constructed with brick or block, they are finished with a coat of plaster which is called internal plastering. Internal plastering has traditionally been done through a process of sand-cement plastering finished with POP pruning. This is a two stage process and involves multiple elements like sand, cement and water which is mixed onsite. This form of plastering is being slowly replaced by a direct single coat application of gypsum plaster. So gypsum plaster is actually a replacement of two processes i.e. sand cement plastering & POP punning. Gypsum plaster is produced as a result of calcinations of the raw gypsum in an automatic kettle under controlledtemperature.

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Gypsum Tiles

Gypsum Boards

Wall Plaster

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GYPSUM PRODUCTS AND THEIR USAGE

Plasterboards Decorative Plaster Building Plaster

Gypsum Tile Gypsum Screeds Gypsum Fiberboards

Used for Partitions and

the lining of walls,

ceilings, roofs and floors

Used for creating decorative

lining for brick and block walls,

and for ceilings

Used for walls and

ceilings

Gypsum tiles used for

False ceiling.

.

Used for self-levelling

floor screeds.

Used for partitions and

the lining of walls,

ceilings, roofs and floors

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FUTURE OUTLOOK

India's domestic resources of gypsum are large enough to meet increased demand. The apparent domestic demand of gypsum was estimated at 8.71 million tonnes by 2016-17 at 9% growth rate as per the Report of the Working Group for 12 plan, Planning Commission of India, which has already surpassed the Planning Commission estimates during 2015-16. The consumption of gypsum (all industries) during 2015-16 was about 10.31 million tonnes.

With renewed focus on improving the economy and up scaling industrial developments, India lays greater emphasis on creation of the infrastructure. As per the Working Group report, augmentation of infrastructural activities will endanger further growth of the Cement Industry which concomitantly will raise the consumption of gypsum and thereby its demand, with consequence, leading to increased dependence on imports and synthetic gypsum to meet cement demand. Further, as per the report, steps would be necessary to find out suitable mining technology to exploit, deep-seated gypsum resources in Bhadvasi deposit, Nagaur district Rajasthan. State-of-the-art-technology needs to be adopted for the exploitation of deep-seated gypsum.

Other segments that would attract attention would be production of gypsum wallboard which is currently negligible in India. It could find better prospects because of its light weight and other special characteristics. It being an excellent partition material could facilitate its utility in high rise building constructions. In view of the environmental problem arising from huge accumulation of phospho-gypsum at different fertilizer plants, possibilities of finding other possible means for its utilisation has become a necessity. Low-grade gypsum being cheaper could find better prospects in its application more as asoil conditioner for reclamation of alkaline soils.

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VANS GYPSUM PVT LTD

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INTRODUCTION

VANS Gypsum Pvt Ltd (Vans Gypsum) is a manufacturer of a unique range of Glass Reinforced Gypsum (GRG) False ceilings,Wall plaster and Gypsum Ceiling Boards

In 2010, VANS Gypsum took over GSP Manufacturing Company, a UK-based company with over 40 years of experience inthe industry and a presence in over 30 countries across the globe.

The Company brings range of products to India with its headquarters in Mumbai and Sales headquarters in Chennai &branch offices in Bangalore, Pune and Mumbai and distribution networks in Andhra Pradesh and Kerala.

Manufacturing plant is located at Kapoli, Pune, which has a production capacity of up to 5 mn square feet per month.

The company gives strong emphasis on preservation of environment and therefore all products manufactured are fromPure Virgin Gypsum with Glass-fibre Reinforcement and is 100% recyclable

- Helps to replace sand and unavailable commodity , which are predominantly used in the interior of the walls

- Manufacturing eco- friendly ceiling tiles

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MANAGEMENT TEAM

Mr. Vijay Parekh, ChairmanMr. Parekh is a well-known name in global banking circles with an illustrious career spanning 25 years. He has served as President of American Express Company(International) & Vice-Chairman & Board Member of American Express Bank. As COO and Sr. MD, Temasek Holdings, the sovereign wealth fund of the Singaporegovernment, he has steered its global investment portfolio of billions of dollars. His global stature and expertise gained across varied functions in world leadingfinancial services companies, positions him as a key resource to provide direction and inspiration to SVCL.

Mr. Peter Raj Kapoor, Director

Mr. Peter Raj Kapoor is an entrepreneur, who has established a number of very successful companies in luxury lifestyle, Payment Services across Asia Pacific, Australia and in India. Mr Kapoor has also diversified business interest in high end building construction materials which is now widely used across leading Builders in India. He is Managing Director of Luxury Hues Group, Radiant Hues Group and Chairman & Managing Director of Radiant Hues Group Pte Singapore

He has over 25 years of Management, Marketing and Sales Experience with P&L responsibility across large geographies within the Asia Pacific Region as well as managing multi functional teams. From June 2003 to 2010, he was the VP & GM for Global Merchant Services at American Express International. Through the introduction of a series of innovative initiatives and strategic partnerships, he significantly grew American Express share in several Asian markets. In addition, he was the Strategic Head for Merchant Sales for Japan, Asia and Australia from 2007-2009. Prior to 2003, he was the Head of the Merchant Business in India. Mr Kapoor has been associated with American Express for over 20 years and is well known within the Card Industry across the Asia-Pac region

Mr. Parimal Ghelani, Director25 years of experience in manufacturing, development and trading, he possesses expertise in technology & manufacturing of Vans Gypsum ceiling tiles. He wasinstrumental in the negotiation and taking over of GSP Greens, UK. He plays a principle role in the running of the manufacturing facility at Kapoli, Pune. His expertisein the technology and manufacturing of VANS Gypsum ceiling tiles makes him indispensible in delivering value and aesthetics to our customers.

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BUSINESS HEADS

Mr. Atul, Vice presidentAn accomplished Marketing Professional, drove ambitious benchmark-setting, growth & expansion in operations & businesses with nearly 30 years of experience inIndian & International markets. Achievement-driven with outstanding cross-cultural experience & domain like Organic Business Growth, Profit Centre Operations,People Management and Sales & Marketing being the major ones. Commenced career with “Construction Building Materials industry” with “Leading Indianbusiness house – Birla Group” then with “UK multinational- BPB Gypsum Ltd.” & later on growth patch in “French multinational-Saint-Gobain Group” whichoffered wide exposure on diverse technologies and environments.

Mr. Hema Mohan, General ManagerMohan is a seasoned sales professional with over 20 years’ experience representing various building materials viz. sanitaryware, tiles, tile adhesives, wall putty andwall plasters across South India. As a thought leader, he has spearheaded strategic sales planning and has substantially increased the revenue potential in highlycompetitive markets. His strong commercial acumen with an untiring commitment has gone a long way in his key account management, large-scale contractnegotiations, order fulfillment and developing new account relationships. Mohan heads the sales team of Tamilnadu, Andhra Pradesh and Telengana. Thismanagement graduate believes in the saying “Hard work pays; performer stays!”

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PRODUCT SUITE

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PRODUCT PROFILE

CEILING TILES

GYPSUM WALL PLASTER

GYPBOND

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VANS CEILING

TILES

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CEILING TILES – KEY FEATURES

VALUE AND AESTHETICS THAT LAST FOREVER

• DURABLE

• SAG RESISTANT

• STRONGLONG LASTING

• SAVES ON LIGHTING

• HEAT EFFICIENT

ENERGY EFFICIENT

• BETTER NOISE REDUCTIONNOISE

REDUCTION

• BETTER LOOKS

• LASTING BEAUTY

• CUSTOM DESIGNED TILES

GREAT AESTHETICS

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CEILING TILES – KEY FEATURES

ECO-FRIENDLY: Enhancing productivity through a safe, healthy and happy work place

• FIRE RESISTANT

• EMISSION FREE ENVIRONMENT

• NO CARCINOGENIC MATERIALSLONG LASTING

• BACTERIA RESISTANT AND FUNGUS PROOF

• DUST FREE

• NATURAL GYPSUM

GREAT INDOOR AIR QUALITY

• QUIETER WORK PLACES

• BRIGHTER WORK PLACES

• COMPFORTABLE TEMPERATURE

NOISE REDUCTION, BRIGHT AND

COMFORTABLE

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CEILING TILES - TYPES

Classic

Elegant

SelectsOpen Cell

ConcealedSignature Dome

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KEY CEILING TILES PROJECTS

• Presidency college

• Manipal College

• NGP College

• Ramaiah Dental College

• Mirage

• MIOT Hospitals

• GVR Tech Chennai,

• Meiban Engineering

• Nexg Space Creators

• Atmosfaira Impex Pvt Ltd

• Nspira Management Services Pvt Ltd

• VGN

• Nissan

• Michelin

• Infosys

• New Gen Digital Works Pvt Ltd

• DLF IT Park

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VANS GYPSUM

WALL PLASTER

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VANS Gyplast is a pure gypsum based plaster suitablefor most internal wall & partition surfaces includingbrick, block and concrete.

It consists essentially of pure gypsum hemihydrateformulated with special additives to control workingand setting characteristic. It contains pure gypsum innatural form also eliminated from all impurities.

It gives plaster an unmatched workability because of itssmoothness, coverage and ease of application. It driesto provide super white, smooth and fine finish forpainting.

VANS Gyplast provides great wall finish with reduced time and cost to the customer.

VANS GYPLAST

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VANS GYPLAST – KEY FEATURES

VANS Gyplast can be directly applied, single coat application

Crack Free - Free from shrinkage, crack and powdering

High coverage up to 92 m2/t

Excellent strength on drying- Ultra white and smooth finish

Enhanced light reflection- Imparts true colour tone and gloss for paint

Compatible with any type of paint

Humidity resistant- Highly resistant to moisture

Hygienic - Does not allow bacteria or fungus getting formed on it

Fire & Humidity Resistant

Lightweight & Thermal resistance

Thickness can go up to 32mm for wall and 10 mm for ceilings

Affordable with 12 months shelf life

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COMPARISON CHART

Product

Comparison

Direct

Application

Line &

Level

Smooth

Finish

Time

Saving

Quality

Assurance

Water

Curing

Shrinkage

Cracks

Sand Cement

Plaster - - - -

POP - - - Does Not

Require

VANS GYPSUM

Plaster

Does Not

Require

Do not

Appear

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KEY GYPLAST PROJECTS

Company Name Prestige Group DLF CEEBROS Ozone Group

Project Name Prestige Bella Vista Commander’s Court SNN Engineering College The Atlantic The Metrozone

Location Chennai Chennai Chennai Chennai Chennai

Company Name Prestige Group Prestige Group Embassy Group Embassy Group DAN hotels

Project Name Prestige Sunrise Park Prestige Lake Side

Habitat

Embassy Lake Terraces Embassy Pristine DAN Hotels

Location Bangalore Bangalore Bangalore Bangalore Bangalore

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GYPLAST PROJECT LIST

Project Name Developer/Contractor

Bella Vista Prestige Group

Commender Court DLFOpaline Sequal Olympia Group

Emami Tejomaya Emami RealityAtlantic Ceebros174 Ceebros

Metrozone Ozone Group

Messeys Casa Grande

Aristo Casa GrandeAurum PacificaKrona VGN

Stafford VGN

Costa VGNTemple Town VGNGreen Woods SristiRisington Doshi Housing

SBIOA- Unity Enclave State Bank of IndiaBlossom Advait HomesIris Mahindra LifespaceVajra BBCLNavarathina BBCL

Aswani Aesha Aswani Properties

Project Name Developer/ContractorAshraya BBCL

O2 Square Seyes PropertiesPBSR Smondo Capacite InfraIncor- One City Tata Projects

Jyothi Cosmos Vamsiram Builders

Avalon Manbhum Construction

Prestige Lakeside Habitat Prestige Group Prestige Sunrise Park Prestige Group Embassy Lake Terraces Embassy Group

Embassy Pristine Embassy Group Brigade Panorama Brigade Group Ankshu Ecstasy Green Earth Projects Kumar Prince Ville Kumar Properties Fortius Infra Under the Sun Fortius Infra

Classic Land Mark Classic Group Aswani Sunshine Aswani Properties Godrej Eternity Godrej Properties Golden Gate Panorama Golden Gate Properties East Point Assetz Property Group

Prestige Falcon City Prestige Group Vaishnavi Terraces Vaishnavi Group Prince Town Royal Marigold Properties

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GYPBOND

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Gypbond is a ready-to-use internal plaster bonding agent with added aggregates, used as a primer/bonding aidprior to plastering on surfaces such as concrete, plaster and difficult, low or non-porous substrates.

VANS GYPBOND

WHY

GYPBOND?

27

Bonding agent for

smooth surfaces

Ready to use, one

cost application

No hacking on

wall

Perfect for use on

smooth substrates

Phthalate free

formulation

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BENEFITS TO KEY STAKEHOLDERS

END USERSAPPLICATORS

Green material

Quality offering-Shrinkage crack

free surfaces - smooth finish

High productivity – faster work

(Reducing plastering time by

70% )

No water curing required

Performance – Durability, light

weight (Reduces dead load on

structure)

Cleaner sites - direct application

bagged product

Easy to apply with smooth and

consistent paste

Enhanced coverage – better per

day productivity

Smooth and super white finish

– customer appreciation &

work satisfaction

100% natural product without any

lime content – safe, non

hazardous to skin and health

Available in Quick setting

formulation- efficient workability in

cold and moist climatic condition

No shrinkage cracks on walls

and ceilings

Reduction in the time required

for plastering and this helps in

timely possession of homes

Perfectly lined, leveled, smooth

walls

Saving on electricity used for air

conditioning as gypsum has

very low thermal conductivity

BUILDERS

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SWOT ANALYSIS

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SWOT ANALYSIS

Strength :

Eco – friendly products

Diversified client base

Strong Management team

Opportunities :

Introduction of new products and

services (Metal Frame &

Accessories, Jointing and Finishing)

Opportunity to tap B2C market and

expand the institutional client base

Enter new geographies within India

Weakness:

Low Brand visibility

Acceptability of Product

Threats :

Competitive Market

Rising cost of raw materials

Increase in skilled labor costs

Strength Weakness

ThreatsOpportunities

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FINANCIALS &

BUSINESS INDICATORS

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Income Statement (INR mn)

Particulars FY2013 (A) FY2013 (B) FY2015 (A) FY2016 (A) FY2017 (A)

Revenue 17.29 49.11 69.25 80.55 105.58

Growth% 184% 41% 16.31% 31.07%

EBITDA -8.39 -39.42 4.72 6.45 5.73

EBITDA Margin Nm Nm 6.8% 8.02% 5.59%

PAT -8.75 -40.05 1.60 3.45 2.14

Pat Margin Nm Nm 2.3% 2.49% 1.18%

Balance Sheet (INR mn)

Particulars FY2013 (A) FY2014 (A) FY2015 (A) FY 2016 (A) FY 2017 (A)

Net Worth -32.12 -72.06 -72.12 -53.81 -51.64

Long Term Current Liability Loan & Advance

(Associate Concern)

7.79 52.53 72.24 76.27 77.09

Long Term Trade Payable (Associate Concern) 23.14 23.14 29.67 26.14 30.00

Other Trade Payable & Current Liabilities 1.66 6.47 16.44 56.02 34.52

Non Current Assets 1.09 3.93 17.84 33.81 46.74

Current Assets (excl. cash) 14.70 40.54 43.08 46.64 44.33

Net Current Assets -18.89 -60.71 -75.87 85.65 97.28

Cash 1.30 0.37 1.94 0.43 1.07

TotalAssets 17.10 44.85 62.87 80.89 92.15

FINANCIAL STATEMENT

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VANS GYPSUM- INCOME PROJECTION

Y/E MARCH INR (Million)2016-17 2017-18 2018-19 2019-20Actuals Projection Projection Projection

SALES 121.2 168.4 225.8 291.2Change % 27 38.9 34.1 29.0Gross Margin 28.5 39.6 53.1 68.4GM % 24 24 24 24Opex 23.5 25.8 28.4 31.3Marketing Cost 0 5 6 7Earning before interest, taxes, depreciation & amortization 5.0 8.8 18.7 30.1

EBITDA Margin (%) 4.1 5.2 8.2 10.3Depreciation 4.5 4 3.5 3EBIT 0.5 4.8 15.2 27.1Interest 0 0 0 0Profit before tax 0.5 4.8 15.2 27.1Tax 0.1 0.96 3.04 5.42Tax/PBT (%) 0.41% 2.85% 6.73% 9.30%Profit after Tax 0.4 3.8 12.2 21.7

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CAPITAL STRUCTURE

Shareholders No of Shares % Holding

VANS Pte Ltd (Singapore) 15,621 49.0%

Vijay Parekh 8,310 26.0%

Peter Raj Kapoor 4,770 15.0%

Parimal Ghelani 3,200 10.0%

Total 31,901 100.0%

CURRENT STRUCTURE

PROPOSED STRUCTURE

Shareholders No of Shares % Holding

VANS Pte Lte 15,621 39.1%

Vijay Parekh 8,310 20.9%

Peter K Kapoor 4,770 12.0%

Parimal Ghelani 3,200 8.0%

New Investor 8,000 20.0%

Total 39,901 100.0%

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VANSGYPLAST SALE

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GYPLAST SALE IN METRIC TONNES

0

2000

4000

6000

8000

10000

12000

14000

Mumbai Pune Bangalore Hyderabad Chennai Total

April 2015 March 2016 April 2016 March 2017 April 2017 March 2018

FY 2015-16 FY 2016-17Actuals April 2017 - Dec

2017Projections Jan 2018 -

March 2018 FY 2017-18 (P) % B/W

Mumbai 539 982 849 750 1,599 63%Pune * 2,529 2,840 1,321 1,200 2,521 -11%Bangalore * 4,032 4,860 2,284 1,500 3,784 -22%

Hyderabad - 669 625 600 1,225 83%Chennai 1,664 2,639 2,419 1,350 3,769 43%

Total 8,763 11,990 7,498 5,400 12,898 8%

*Tightened supply due to risk criteria in Pune and Bangalore

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GYPLAST SALE (IN INR)

-

20.00

40.00

60.00

80.00

100.00

120.00

Mumbai Pune Bangalore Hyderabad Chennai Total

FY 2015-16 FY 2016-17 FY 2017-18 (P)

Value in Million

*Since 01st July 2017, Sales price includes 5% GST viz 14% leveid as VAT in previous month & year.

FY 2015-16 FY 2016-17Actuals April 2017 - Dec

2017Projections Jan 2018 -

March 2018 FY 2017-18 (P) % B/W

Mumbai 4.73 7.70 6.92 6.11 13 69%Pune 20.49 22.49 10.06 9.14 19 -15%

Bangalore 41.84 51.82 22.48 14.77 37 -28%Hyderabad - 6.31 5.81 5.58 11 80%

Chennai 15.15 21.91 22.33 12.46 35 59%Total 82.21 110.24 67.61 48.06 116 5%

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GYPLAST SALE PROJECTION (IN METRIC TONNES)

FY 2018-19 FY 2019-2020 FY 2020-2021 FY 2021-2022

Metric Tonnes 16,000 20,000 25,000 31,250

16,000

20,000

25,000

31,250

-

5,000

10,000

15,000

20,000

25,000

30,000

35,000

GYPLAST Sale Projection in Metric Tonnes

Metric Tonnes

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GYPLAST SALE PROJECTION 2018 (IN INR)

Projections FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22INR (million) 136 170 212 265

-

50

100

150

200

250

300

FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22

INR (million)

INR (million)

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GYPLAST NET YIELD PER KILOGRAM

Selling Price Yield *Cost of Material

+ ShippingNet Yield ** Margin

Mumbai 8.14 6.21 4.45 1.76 22%

Pune 7.61 6.21 4.45 1.76 23%

Chennai 9.23 7.72 5.45 2.27 25%

Bangalore 9.84 7.80 5.45 2.35 24%

Hyderabad 9.30 6.81 5.00 1.81 19%

Total 8.98 7.22 5.11 2.11 23.5%

* Yield = Selling Pricing Less Transport, VAT/GST, Loading/Unloading

** Net Yield = Yield Less Cost of Material, Shipping and Custom Duty

Period: Jan 2017 - Dec 2017Value in INR

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VANS TILE SALES

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VANS CEILING TILE SALE

Priority CitiesFY 2016 FY 2017 Growth (%)

Mumbai, Bangalore, Chennai, Pune, Hyderabad

SALES in Sqft 121976 173612 42.3%

SALES in INR (Million) 4.76 5.20 9%

Selling price per sqft (INR) 39.00 30.00 -

* Average selling price was reduced in 2017 with launch of classic series Tiles for large space requirement.

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VANS CEILING TILE SALE PROJECTION

Priority Cities

FY 2017 FY 2018 FY 2019 FY 2020Mumbai, Bangalore, Chennai, Pune, Hyderabad

Q1 1,80,000 3,60,000 6,00,000

SALES in Sqft 1,73,612 Q2 2,40,000 4,20,000 6,00,000

Q3 3,00,000 4,80,000 7,20,000

Q4 3,60,000 6,00,000 7,20,000

TOTAL 1,73,612 10,80,000 18,60,000 26,40,000

SALES in INR (Million) 5.20 32.40 55.80 79.20

Selling price per sqft (INR) 30.00 30.00 30.00 30.00

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TILE NET MARGIN

Selling Price Cost of Material Glass Fibre, Packaging and Labour

Frieght & TAX

Net Margin

Margin %

VANS TILE 30.00 5.11 10.00 7.00 7.89 26%

Value in INR

Page 45: Investor Presentation · Gypsum board is the technical product name used by manufacturers to define a specific gypsum-core board material that is typically installed on the walls

45

KEY CLIENTS

Page 46: Investor Presentation · Gypsum board is the technical product name used by manufacturers to define a specific gypsum-core board material that is typically installed on the walls

46Diversified client base over various sectors proves strength in company’s product

KEY CLIENTS

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47

KEY CLIENTS

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ORDER COPIES

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49

ORDER COPIES

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50

MARKETING & COMMUNICATION

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51

EDM- WALL PLASTER

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52

EDM- GRG CEILING BOARDS

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53

EDM- GRG CEILING TILES, WALL PLASTER & GYPBOND

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54

TEST REPORT

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55

TEST REPORTS

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56

TEST REPORTS

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57

TEST REPORTS

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58

ANNEXURE

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ORGANIZATION STRUCTURE

Jahangeer RajDy. RSM (Pune)

Abhijeet SrivastavaDy. RSM (Pune)

Vijay Parekh

(Chairman)

Peter Raj Kapoor

( Director)

G.VinodArea Sales Manager

General Manager South II

(Suresh Kumar) Bangalore

Atul GargVice President Sales

Head of Tiles

Sudha(Chennai)

Neeta Thoravase(Mmbai)

V.B.Shijosh(Chennai)

Accounts / Admin

Team

KANNAN

Marketing

Manager

Marketing

Parimal Ghelani (Director)

(Global procurement & Imports)

Note :

Current staff strength 31

Count does not include factory staff

Vishal Raju IslampureTechnical

Coordinator

General Manager South I

(G.Hema Mohan) Tamil Nadu / Hyderabad

M.Ganesha MoorthyArea Sales Manager

X.JaraldArea Sales Manager

Shunmuga SundaramArea Sales Manager

Pavan Kumar Mailarapu

Area Sales Manager (Hyderabad)

E.Chandra SekharGoud

Sales Manager(Hyderabad)

Salman KadriRSM (Mumbai)

Mahesh VijayPailwanASM (Mumbai)

Srinivasa Rao(Bangalore)

Logistics

UdayakumarAsst.Manager

(Chennai)

Avinash SonuPawar

Manager (Mumbai)Tinkoo Kumar

Area Sales Manager(Pune)

Production

Manoj VoraHead of Production

Bhushan SonavaneHead of

Manufacturing

Kunal DesaiQuality Assurance & Packing Supervisor

Vijay Sundar(Ghatkopar)

Avinash Ganpat(Ghatkopar)

Akash Dilip JadhavAssistant Supervisor

Vivek BalramShrike

Manager (Khopoli)

Open PositionASM (Mumbai)

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60

VANS TILE SPECIFICATION

CharacteristicsCalcium

Silicate Ceilings

Mineral Fibre

Ceilings

Other Gypsum

CeilingsVANS Gypsum Ceilings

Humidity

ResistanceRH 100

Ranges between RH 90 and RH

100 and come with a 10 -15

year guarantee. These tiles,

however, do absorb water

when in direct contact with it.

Max. Value of RH 100

RH 90

Reliable as the product

is Gypsum

RH 96

Tiles do not retain absorbed

moisture

30 year anti-sag warranty

Fire ResistanceClass 0/ class1

under BS 476

part VI & VII

Class 0/ class1

under BS 476

part VI & VII

Class 0/ class1

under BS 476

part VI & VII

Class 0/ class1

under BS 476

part VI & VII

Light Resistance > 85% > 85% > 75% ≤93%

Sound

Absorption(NRC)

0.10 to 0.75

depending on product

0.10 to 0.75

depending on product

0.10 to 0.75

depending on

product

0.76

Up to 0.90 for Acoustic

Range

Sound Attenuation 32 Db 34 dB 28 dB 38 Db

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VANS TILE SPECIFICATION

CharacteristicsCalcium

Silicate Ceilings

Mineral Fibre

Ceilings

Other Gypsum

CeilingsVANS Gypsum Ceilings

Thermal Conductivity 0.043 w/mC 0.057/w/mC 0.16/w/mC 0.45 w/mK

Size600 mm X 600 mm

X 15 mm

600 mm X 600 mm

X 12 / 15 / 19 mm

600mm X 600mm

X 9 / 12 mm

600mm X 600mm X

(7 / 8 / 9 / 11 / 12 / 15 / 20 / 24

/ 29 / 34) mm

Edge Square and Tegular Square and Tegular Only Square Square and Tegular

Weight 5-5.5 Kg/m2 3.8 Kg/m2 12.5 Kg/m2

2.20 – 2.50 Kg / tile (7 – 9 mm)

2.50 - 2.80 Kg/tile (12 mm)

2.50 - 3.00 Kg/tile (20mm)

3.30 - 4.00 Kg/tile (29 mm)

5.40 Kg/tile(34mm)

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62

GYPLAST PRODUCT SPECIFICATION

Parameters

Dry Bulk

Density

Wet Bulk

Density

Initial Setting

Time

Final Setting

Time

Compressive

Strengths (24

Hours)

Compressive

Strengths (48

Hours

Approx.

Coverage*

Unit667-695

Kg/m3

1.32 – 1.46

gm/cm3

14-18

Minutes

24-26

Minutes

43.80 kgf/cm2 44.12 kgf/cm2 87-92 m2/t

Parameters

Silicon

dioxide

(SIO2)

Aluminum

Oxide

( AI203)

Iron(III)

oxide

(Fe203)

Calcium

Oxide

(CaO)

Diphosporus

Pentoxide

(P205)

Manganese

oxide

(Mn0)

Sulphur

Trioxide

(So3)

Sodium

oxide

(Na2O)

Potassium

oxide

(K2O)

Loss On

Ignition

(L.O.I)

Unit0.07% n.d. n.d. 38.80% n.d. n.d. 54.60% 0.01% 0.01% 5.72%

Physical Property

Chemical Property

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GYPBOND SPECIFICATIONS

Technical Details

Specific Gravity 1.22g/ml

Viscosity 6000 - 12000 cP

Coverage Depending upon surface porosity approximately . 7.5m2/ Kg

Bonding Stress 0.65 N/mm2

Drying Time 24 hours

Adhesion Good adhesion to cement/ precast concrete surface

Shelf Life 2 years when stored in cool, dry conditions.

Storage Conditions Store in cool, dry conditions in the original sealed container away from direct sunlight. Store between 5°C and 30°C.

Page 64: Investor Presentation · Gypsum board is the technical product name used by manufacturers to define a specific gypsum-core board material that is typically installed on the walls

THANK YOU

www.vans-gypsum.com