Transcript CorporatePresentationV10

SRF
An Introduction
Our pride associations
 a winner of the prestigious Deming Prize
 a legacy of more than 100 years – lineage of Sir Shri Ram & Dr. Bharat Ram
 chairman – Mr. Arun Bharat Ram, former President of CII
 promoters of The Lady Shri Ram College & The Shri Ram Schools
Deming Prize
The Lady Shri Ram College
Chairman
Mr. Arun Bharat Ram
2
SRF – at a glance
A multi-business manufacturing entity
Industrial intermediates
India, Thailand and South Africa
14 (eleven in India)
Rs. 4000 crore (675 million USD)
5500 globally
75 countries
3
Our business profile
SRF
TTB
CB
PFB
EPB
CTG
TTB
– Technical Textiles Business
CB
– Chemicals Business
PFB
– Packaging Films Business
EPB
– Engineering Plastics Business
CTG
– Chemicals Technology Group
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Present in three countries
Bhiwadi
Pantnagar
Kashipur
Gwalior
Kashipur
Rayong, Thailand
Dahej
Indore
Business
CB
PFB
Trichy
Durban
TTB
Rayong, Thailand
Thailand
Manali
Port Elizabeth
Gummidipoondi
EPB
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Corporate leadership team…
Mr. Arun Bharat Ram
Mr. Ashish Bharat Ram
Mr. Kartikeya Bharat Ram
Managing Director
Dy Managing Director
Chairman
Mr. Rajdeep Anand
President (CTG)
Mr. Sushil Kapoor
President & CEO
(TTB)
Mr. Rajendra Prasad
President & CFO
Continued…
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…Corporate leadership team
Mr. Sanjay Chatrath
President & CEO (TCF)
Mr. Ajay Chowdhury
President & CHRO
Mr. Prashant Mehra
President & CEO (PFB)
Mr. Suresh Kannan
President & CEO (BF, CF & LF)
Mr. Prashant Yadav
President & CEO (EP & FCB)
Mr. Anurag Jain
President & CEO (SCB)
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Our aspiration
We aspire to achieve global leadership by continuously
enhancing organizational and people capability, developing
innovative products and processes that satisfy customers and
attaining challenging benchmarks in productivity.
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Our journey…
2010
Packaging Films
1995
1990
Refrigerants
1989
1986
Belting Fabrics
Coated Fabrics
Engineering Plastics
1977
1974
Incorporation of Shri Ram
Fibres
Shri Ram Fibres renamed as
SRF
1983
1979
Fishnet Twines
Laminated Fabric
Nylon Tyre Cord
1970
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2 acquisitions in India, 2 overseas
2009
SRF purchases two businesses of
SRF Polymers - EPB and IYB
Industex Technical Textiles (Pty) Ltd
- belting fabrics, South Africa
2008
2000
1995
Thai Baroda Industries Ltd. (TBIL)
– nylon tyre cord, Thailand
Miles to go…
2008
Dupont Plant - nylon tyre cord
Gummidipoondi, Chennai
Ceat Plant - nylon tyre cord, Gwalior
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Market leadership – our standing
Belting fabrics
Nylon
6 tyre
cord
fabric
Nylon
6 tyre
cord
fabric
Tyre cord
Global No. 2
Global No. 2
Domestic Market Leader
Refrigerants
Domestic Market Leader
Belting fabrics
Domestic Market Leader
Fishnet
Domestic Market Leader
Packaging Films
Domestic No. 2
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SRF consolidated - financials
In USD mio
761
783
694
666
557
399
221
168
156
61
Sales
106
112 94
2009-10
109
110
64
43
EBIDTA
2008-09
154
35
72
PBT
2010-11
2011-12
2012-13
74
28
47 27
PAT
2013-14
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SRF financials – key ratios
Ratio: Debt/Equity - Debt/EBIDTA
4.50
3.85
4.00
3.42
3.50
3.00
2.81
2.33
2.50
1.62
2.00
1.50
1.23
1.24
0.89
1.00
0.63
1.55
1.37
0.99
0.89
0.59
0.70
0.88
1.07
0.63
0.50
2005-06
2006-07
2007-08
2008-09
2009-10
Debt/Equity
2010-11
2011-12
2012-13
2013-14
Debt / EBIDTA
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SRF financials – key ratios
Financials: Dividend Payout Ratio
60%
52%
50%
41%
40%
31%
29%
30%
25%
21%
26%
20%
16%
20%
10%
0%
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
Dividend Payout Ratio
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SRF financials – key ratios
Earning Per Share
90.00
80.03
80.00
64.10
70.00
53.62
60.00
44.05
43.65
50.00
40.00
30.00
19.84
15.91
28.29
22.08
20.00
10.00
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
EPS
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Touching your life everyday
LAMINATED FABRICS
PACKAGING
FILMS
FLUOROSPECIALITIES
FOR Pesticides
INDUSTRIAL
YARN
REFRIGERANTS
TYRE CORD
ENGINEERING
PLASTICS
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Product range
TTB
Tyre Cords
CB
Refrigerants
PFB
PET Films
EPB
Engg. Plastics
Belting Fabrics
Chloromethanes
Holographic Films
Coated Fabrics
Laminated Fabrics
Fluorospecialities
Metallised Films
Industrial Yarns
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Diverse applications
TTB
CB
PFB
EPB
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Creating value through R&D…
Proven capability in ‘process development to commercialization’
 Wide range of field of research - from nano technology to new-age processes and
product development
 Developed indigenous technology for production of HFC 134a
 Holds process patent for HFC-32 by the US Patent & Trademark Office
 filed 39 patents so far…..many more in the pipeline
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Technology driven company…
R&D, an integral component of business strategy

dedicated R&D centres for core businesses

equipped with state-of-the-art equipment

a pool of qualified & experienced scientists and engineers (drawn from
India’s premier academic institutes)

collaborating with a number of global innovators

engaged in developing cutting edge technologies
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Building capabilities…
Built around people, processes and systems
 Creating the right environment – well-being, fun, excitement
 Overall development – challenging assignments, focus on competency building and
domain expertise
 Unleashing potential – Learning, Education & Training
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… TQM - the SRF way
Businesses united through a common management system
Our work ethos - ‘People satisfy customers efficiently’
-
Build Quality into the process
-
Focus on ‘continuous improvement’
-
People participation through systematic approaches
-
Robust planning and execution
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Invested Rs. 1600 cr during 2009-2013
2012
New Chemical Complex in Dahej commissioned
2011
First phase of Expansion in Coated Fabrics - TTB
2010
Laminated Fabric Project - TTB
2009
Polyester Industrial Yarn - TTB
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Chemical Complex at Dahej, Gjarat
Announced investment of ~Rs.1400 crore at Dahej
• Dahej expected to be a 291 acre chemical complex: 100 acre being
presently developed
Plants commissioned during
2013-14
• Anhydrous Hydrogen Fluoride
(AHF) plant
• HFC 134a plant
• two Specialty Chemicals Plants
• one Captive Power Plant (CPP) of
15 MW capacity
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Leading the way…

The only tyre cord company outside Japan to have won the prestigious Deming Application Prize

The first to introduce Spin Draw and Converter Dipping in tyre cord business in India

The only company in India to have ventured into manufacturing Polyester Industrial Yarn/
Fabric for radial tyres

The only company in India to have developed technology to manufacture HFC-134a, a new
generation refrigerant

The first in India to commercially launch 8µ Polyester film

The first in India to start polymer compounding

The first company in India to give stock options to all its employees including non management
staff
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Business benchmarks - snapshots
TTB
 Pioneered replacement of rayon with Nylon 6 tyre cord
 Pioneered replacement of cotton with Nylon 6 in bicycles
 Entire range of textile reinforcement
CB
 The only Indian manufacturer of HFC 134a
 Leading exporter of refrigerants from India
 Partnering with leading international agro & pharma Cos.
PFB
EPB
 Facilities for metallization and holography
 Caters to the leading FMCG companies of India
 More than 150 grades of engineering plastics
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Awards & recognitions….
SRF in Forbes’ ‘Best Under a Billion List’ 2011
CII-ITC Sustainability Award
2008 – Strong Commitment
2009, 2010 & 2011 – Significant Achievement
Deming Application Prize
2004 – Tyre Cord Business
2012 – Chemicals Business
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Awards & recognitions
2005
Responsible Care Logo
2006
Greentech Safety Platinum Award
2007
Greentech Environment Excellence Platinum Award
2009
ILO Recognition for creating awareness on HIV / AIDS
2011
NRM project chosen by a consortium of Netherland based
Civil Society Organizations as a unique model of BusinessNGO partnership
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Community partnerships
Focus areas
 Education
 Health Care - HIV AIDS
 Natural Resource Management
 Affirmative Actions
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SRF Foundation
Advocating quality education
Mewat Rural Education Programme
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Adopted 40 schools in Mewat district, Haryana
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Impacting lives of 16000 children
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IBM KidSmart - Early Learning Centres: 37 locations
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Udaan - residential learning camp for adolescent girls
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Avishkar – mobile van for science promotion and right to
education
Vocational Educational & Trg Prg
Enhancing Early Education Programme
- Nursery teachers’ training programme
The Shri Ram Schools Ranked
- Amongst the best Day Schools in India
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We believe in
sustainable growth,
through ‘total excellence’
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Thank You