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This presentation and the accompanying slides (the Presentation), which have been prepared by Asian Granito India Limited
(the Company), have been prepared solely for information purposes and do not constitute any offer, recommendation or
invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract
or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory
offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but
the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth,
accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all
inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or
any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Companys market opportunity and business
prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees
of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict.
These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of
various international markets, the performance of the industry in India and world-wide, competition, the companys ability to
successfully implement its strategy, the Companys future levels of growth and expansion, technological implementation, changes
and advancements, changes in revenue, income or cash flows, the Companys market preferences and its exposure to market
risks, as well as other risks. The Companys actual results, levels of activity, performance or achievements could differ materially
and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any
forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties
included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements
and projections.
2
Sr.no.
Particulars
Page no.
Company Overview
Management Details
12
Capacity
15
Products
20
Clientele/Promotions
26
Innovation
30
Distribution Network
32
Manufacturing Efficiencies
35
Growth Drivers
37
10
Financials
44
3
EBITDA
+6%
44%
265
250
31
22
Q2FY16
Q2FY17
Q2FY16
EBIT
+44%
56%
22
15
Q2FY16
Q2FY17
10
6
Q2FY17
Q2FY16
Q2FY17
EBITDA
+7%
56%
478
449
56
36
H1 FY16
H1 FY17
H1 FY16
EBIT
+54%
75%
39
25
H1 FY16
H1 FY17
16
9
H1 FY17
H1 FY16
H1 FY17
Margin Profile
EBITDA (%)
PAT (%)
310 bps
110 bps
11.8%
8.7%
3.6%
2.5%
Q2FY16
Q2FY17
Q2FY16
370 bps
130 bps
11.7%
8.0%
H1 FY16
Q2FY17
3.3%
2.0%
H1 FY17
H1 FY16
H1 FY17
On Consolidated basis
Revenue Break-up
43%
45%
43%
49%
44%
49%
9%
11%
8%
Q2FY16
Q2FY17
Q2FY16
Own Manuafacturing
Outsourcing
44%
41%
16%
Q2FY17
JV / Associate
Revenue Break-up
43%
46%
44%
52%
44%
52%
4%
H1FY16
10%
4%
H1FY17
Own Manuafacturing
H1FY16
Outsourcing
45%
42%
13%
H1FY17
JV / Associate
Launched double-charged
polished vitrified tiles
Introduced 8-colour digital
printing
Increased manufacturing
units to 8 and capacity to
1,00,00 0 sq. mtrs per day
including outsource
2015
Expanded capacity
of Wall tiles to
20,000 sq. mtr per
day
Commenced
producyion of
marble slabs
Establised new
digital printing
technology for
Cearmic Wall Tiles
2014
Commenced Quartz
slab production
Launched digital
glazed vitrified tiles
Introduced fourcolour digital
printing technology
2012-2013
Establised vitrified
tiles facility at
Himmatnagar with
4,000 sq. mtr per
day capacity and
expanded to
18,000 sq. mtr per
day
2011
2009-2010
2007-2008
Commenced
Production of
Ceramic Floor with
2,500 Sq. mtr per
day capacity and
expanded to 6,000
sq. mtr per day
2004-2006
2002-2003
History
Amalgamation of
Artisique Ceramic
Pvt Ltd with Asian
Granito Ltd (AGL)
Overview
Ranked amongst
Top
Ceramic Companies of
the Nation
Rank amongst
Top 4
Exporting Products
across
State of Art
Manufacturing
Facilities
spread across Gujarat
90 +
Showrooms
90 Showrooms
with over 80
Over
Exclusive Showrooms
across India
8 Plants
50 Countries
4000+
Dealers / SubDealers
00
4000
Over
Dealers
&
Sub-Dealers
50 Countries
Over 40X
Capacity
Growth
40X
Over
growth in just 16 years
10
st
To introduce
WORLDS WHITEST
(CARARRA WHITE) Double
Charge Vitrified Tiles
To introduce
FULL BODY
Tiles in India
To introduce
SLIMGRES TILES
Jumbo 1000x1000mm & Imperio 800x800mm Double Charge Technology World
Pioneer Technology first in India
11
Management
12
13
Professional Team
Sr. V. P - Marble &
Quartz
Chief Financial
Officer
Kalidas Patel
Associate V. P GVT
G. M Finance &
Commercial
B. M. Singhal
Rahul Sharma
CA Himanshu Shah
Sr. G. M International
Marketing
Rajesh Iyer
CS Renuka Upadhyav
V. P Operation (Tiles
Division)
B. G. Pattanshetty
14
Capacity
15
16
Manufacturing Facilities
Manufacturing Facilities
Dalpur - Amazoon
Porcelain Ceramic
18
13 Digital
8 Colour Printing
Machines
India's BIGGEST KILN with 5 Line Tiles in Single Process world first in
India by SACMI
19
Products
20
Product Portfolio
Asian
Granito
* Revenue Contribution
Ceramic
Tiles
*(34%)
Vitrified
Tiles
*(35%)
Grestek
*(13%)
Marble &
Quartz *(18%)
Soluble Salt
Marvel Colour Body Tiles
Wall
Tiles
Floor
Tiles
Homogenous Body
Slimgress
Nano Tech - Double Charge
Grandura Exteriors
Digital Wall
Porcellanto
Grandura Digital
Hard Stone
Hi-Tech Tuff Guard Digital
XXL
Multi Colour
Marble
Nano Crystal
Marble
Imported Natural
Marble
Onix Marble
21
22
Vitrified Tiles
Soluble Salt
Homogenous Body
Grandura Exteriors
Grandura Digital
23
24
Marble
Quartz
25
Clientele /
Promotion
26
27
28
ACE TECH
Innovation
30
Size in mm
300 x 600, 600 x 1200,
600 x 600, 196 x 1,200
800 x 800
1000 x 1000
800 x 800
800 x 1200
Polished Vitrified Tile (Double Charge) & Big Crack Stone (new
design introduced first time in India)
Hardstone (Outdoor Tiles in 16 mm & 10 mm thickness)
Grandura (Parking Tiles)
304 x 350
Gresek SLIMGRES
600 x 1200
31
Distribution
Network
All India Market Reach; Distribution Reach Direct Dealers / Subdealers: +4000
Unique 80+ AGL Tile World Exclusive across India
32
4,500
11%
500
35%
21%
1,200
2,800
33%
FY14
FY15
FY16
Total
West
South
North
East
33
Global Footprint
Manufacturing
Efficiencies
Capacity Built up
Post Amalgamation : Owned Capacity of 88,000 Sq. mts per day
43,000
8,000
Total
Morbi Total
45,000
37,000
Joint Venture
8,000
27,000
6,000
Dalpur
Idar
Total
Dalpur
10,000
Dholka Mehsana
Amazoon
Artistique
Crystal
AFFIL
Growth Drivers
04
03
02
01
Industry
Growth
B2C
Segment
Value
Added
Product
Amalgamation
Synergies
37
Scheme of Amalgamation
Scheme of Amalgamation of Artistique Ceramics Private Limited into Asian Granito India Ltd
Asian Granito
Limited
Artistique
Ceramic Pvt
Kediya
Ceramics
99.99%
94.20%
70%
Amazon
Ceramics
Crystal
Ceramics
Consideration : 157 equity shares of face value of Rs.10/- at par each fully paid-up of Asian Granito Ltd
for every 100 equity shares of face value of Rs.10/- each fully paid-up held in Artistique Ceramics
38
Amalgamation - Synergies
Artistique Ceramic
Artistique Ceramic
Asian Granito
Ltd
39
04
Glazed Vitrified Tiles
03
Double Charge Tiles
02
Polished Vitrified Tiles
01
Ceramic Tiles (Wall & Floor)
01
02
03
04
05
40
FY2015
H1 FY2017
100%
13%
19%
17%
87%
81%
83%
Tiles
Marble &
Quartz
Total
Tiles
Marble &
Quartz
Total
100%
GVT
Double
Charge
Marble &
Quartz
Total
100%
39%
41%
23%
22%
30%
13%
Tiles
100%
43%
14%
100%
100%
18%
18%
GVT
Double
Charge
18%
20%
GVT
Double
Charge
41
Institutional
Dealer Network
65%
Future
Retail
Institutional
50%
Industry Growth
Smart Cities - New city creation could create office and housing
demand
43
Q2FY17
242.29
1.52
243.80
47.35
99.10
11.32
13.99
23.57
30.15
18.31
7.51%
0.09
5.41
12.99
5.33%
5.18
7.81
1.62
6.19
2.54%
2.06
Q2FY16
235.80
0.37
236.18
58.15
103.32
-8.42
13.10
29.71
22.97
17.34
7.34%
0.43
5.60
12.17
5.15%
6.16
6.01
1.38
4.63
1.96%
2.05
Y-o-Y
3.23%
5.60%
6.71%
29.95%
33.74%
H1 FY17
434.92
1.99
436.91
86.49
183.55
4.48
25.68
47.48
53.79
35.43
8.11%
0.12
10.70
24.85
5.69%
10.45
14.40
3.35
11.05
2.53%
3.67
H1 FY16
428.51
0.94
429.44
105.11
181.53
-11.32
24.62
54.16
43.52
31.83
7.41%
0.58
10.46
21.94
5.11%
11.22
10.72
2.78
7.95
1.85%
3.53
Y-o-Y
1.74%
11.31%
13.24%
34.29%
39.02%
FY16
870.73
2.25
872.97
211.70
353.61
0.78
50.60
102.13
84.12
70.04
8.02%
1.02
21.22
49.84
5.71%
23.75
26.09
7.15
18.93
2.17%
6.71
44
Q2FY17
264.15
1.30
265.45
72.27
74.48
1.99
16.02
29.90
39.52
31.27
11.78%
0.09
9.06
22.31
8.41%
10.28
0.00
12.03
2.23
9.80
0.85
-1.03
9.63
3.63%
3.2
Q2FY16
249.10
1.05
250.15
68.29
86.01
-11.64
15.62
40.04
30.06
21.79
8.71%
0.63
6.94
15.48
6.19%
7.59
0
7.88
1.55
6.33
0.39
-0.57
6.16
2.46%
2.72
Y-o-Y
6.12%
43.56%
44.18%
52.63%
54.77%
56.25%
H1 FY17
475.65
2.61
478.26
125.89
145.19
-11.48
31.35
64.69
66.51
56.10
11.73%
0.30
17.86
38.54
8.06%
18.23
0.00
20.31
4.61
15.70
1.58
-1.37
15.91
3.33%
5.29
H1 FY16
446.97
1.61
448.59
115.25
168.64
-14.57
27.60
64.48
51.20
35.99
8.02%
0.79
11.83
24.95
5.56%
12.77
0.00
12.18
2.94
9.24
0.43
-0.57
9.11
2.03%
4.03
Y-o-Y
6.61%
55.89%
54.49%
66.71%
69.88%
74.65%
FY16
990.96
2.92
993.88
237.11
386.73
-8.61
58.86
127.91
101.07
90.81
9.14%
1.38
27.55
64.64
6.50%
29.11
-0.52
35.01
11.27
23.74
2.18
-1.66
24.26
2.44%
8.47
45
Sep-16
Mar-16
Share Capital
30
23
Total Reserves
312
301
Share Suspense
Shareholder's Funds
342
331
Long-Term Borrowings
18
Particulars (Rs.crs)
Sep-16
Mar-16
Fixed Assets
218
225
35
35
33
36
20
22
22
289
300
10
10
Inventories
186
190
50
52
Trade receivables
204
177
171
148
16
13
Trade Payables
125
150
18
18
17
22
321
321
425
404
Total Liabilities
714
704
Total Assets
714
704
46
Sep-16
Mar-16
Share Capital
30
23
Total Reserves
350
333
Share Suspense
Shareholder's Funds
380
363
Minority Interest
20
19
Long-Term Borrowings
133
118
31
Particulars (Rs.crs)
Sep-16
Mar-16
Fixed Assets
398
398
18
13
12
24
22
26
30
451
461
28
27
Inventories
259
245
192
176
Trade receivables
232
197
226
199
21
17
Trade Payables
129
156
25
28
32
31
11
398
392
539
489
Total Liabilities
989
950
Total Assets
989
950
47
230
206
190
187
143
276
111
221
193
191
89
163
104
80
58
65
FY10
FY11
Inventory
76 78
FY12
Debtors
88 92
FY13
Creditors
89
109
FY14
135
70
95
FY15
113
65
89
FY16
Standalone Figures
FY16 Standalone Results of Asian Granito Ltd include results of Artistique Ceramics Private Ltd
48
CIN : L17110GJ1995PLC027025
Mr. Himanshu Shah
CIN: U74140MH2010PTC204285
Ms. Neha Shroff / Deven Dhruva
ca@aglasiangranito.com
neha.shroff@sgapl.net /
deven.dhruva@sgapl.net
www.aglasiangranito.com
www.sgapl.net
49