INVESTOR MEET THROUGH WEBINAR 26 th MAY 2020 OPERATING IN THREE - PowerPoint PPT Presentation

Astral, where innovation flows… INVESTOR MEET THROUGH WEBINAR 26 th MAY 2020

OPERATING IN THREE PIPING PIPING HIGH GROWTH BUSINESS ADHESIVES & ADHESIVES & SEALANTS SEALANTS CATEGORIES INFRASTRUCTURE INFRASTRUCTURE PRODUCTS PRODUCTS

CORPORATE STRUCTURE ASTRAL POLY TECHNIK LIMITED RESINOVA SEAL IT APL ABPL CHEMIE LTD UK KENYA 100% 97.45% 80% 50% SEAL IT USA 100%

• One of India’s fastest growing piping companies • A Fortune India 500 company • Comprehensive range of piping & adhesives

THE MOST TRUSTED CONSUMER VALIDATED PIPE BRAND 2019 SUPERBRANDS INDIA 2019

ASTRAL THE TRENDSETTER First to introduce CPVC piping Three adhesives mfg. units in in India India – and two abroad Introduced countless Known for zero-compromise innovations in piping category quality and service Offers the widest Always ahead on the piping product range technology curve Six piping mfg. units Robust network of in India - and one abroad channel partners

ASTRAL GROUP – BUSINESS SEGMENTS Plumbing Epoxy Adhesives & Putty • CPVC, PVC & Pex Silicone Sealants Drainage Construction Chemicals • SWR, Low Noise drainage, PVA Sewerage, Storm-water Cyanoacrylate Agriculture Solvent Cements Industrial Tapes Fire Protection Polymeric Filling Compound Conduit & Cable Protection Anaerobic Adhesives Ancillary Industrial Adhesives Infrastructure Instant Hand Sanitizer DWC Piping Ducting Telerex

ASTRAL GROUP – PRODUCTION FACILITIES

COMING SOON – PLANT IN EAST INDIA NEW PIPING PLANT COMING UP AT BHUBANESHWAR, ODISHA, TO CATER TO NORTH EAST MARKETS The company has purchased approx. 100,000 sq. yard land to establish manufacturing facility in Bhubaneswar, Odisha (East India). Construction will start in current year, plant will be ready by March 2021.

ASTRAL GROUP – PAN INDIA PRESENCE

CORE COMPETENCIES, ADVANTAGE ASTRAL Seamless backward Unbeatable integration quality World-class mfg. Wide and deep capabilities & distribution technical tie-ups reach Product innovations Strong brand & value engineering equity

ASTRAL LOYALTY PROGRAM India’s first and an unique loyalty program for plumbers across the country

• • TV and print ads On-ground cricket match branding BRANDING • • Outdoor brand promotion Brand association – IPL • • Radio ads Dealer meets AND • • Trade exhibitions Plumber meets ADVERTISING • • Dealer shop branding Consultant meets • • In-film product integration Digital Marketing

BRANDING AND COMMUNICATIONS

BRANDING AND COMMUNICATIONS

BRANDING AND COMMUNICATIONS Ranveer Singh comes aboard as brand ambassador of Astral Pipes

PIPING: ADHESIVES : ROBUST  800+ Distributors  1300+ Distributors DISTRIBUTION  31,000+ Dealers  130,000+ Dealers NETWORK

COVID-19 PREPAREDNESS & RESPONSE An instant hand sanitizer for Astral strong protection!

COVID-19 PREPAREDNESS & RESPONSE • Very cost effective tool for hand hygiene • Made from PVC pipes and fittings • Easy to install and carry

COVID-19 PREPAREDNESS & RESPONSE • Contributed to PM Cares Fund, CM’s Relief Fund and Collector’s Funds. • Provided cash vouchers to needy plumbers across the country • Took care of meals of daily wagers stuck at manufacturing units • Distributed ration kits in nearby areas of our manufacturing units • Provided stethoscopes to hospitals

CORPORATE SOCIAL RESPONSIBILITY ACTIVITIES CARRIED OUT AT ASTRAL CHARITABLE TRUST • Regular Yoga and Meditation sessions conducted. • Health experts invited to conduct informative sessions on various health related issues.

CORPORATE SOCIAL RESPONSIBILITY ICU on Wheels – Donated to CIMS Hospital, Ahmedabad.

CORPORATE SOCIAL RESPONSIBILITY DISTRIBUTION OF RATION KIT TO BLIND DISTRIBUTION OF HEARING AID KITS COUPLES THROUGH NAVJYOT TRUST

CORPORATE SOCIAL RESPONSIBILITY INSTALLATION OF SOLAR PUMPS IN DONATED VEHICLES TO RANTHAMBORE VARIOUS NATIONAL PARKS AND TIGER RESERVE SANCTUARIES FOR PATROLLING

CORPORATE SOCIAL RESPONSIBILITY • Distribution of sanitary pads among municipal school girls • Ration kit distribution to needy segments • Project Jaldhara – community owned water harvesting – created check dam in Malakhera, Rajasthan • Contribution to Earth Brigade Foundation for wild life conservation • Contribution to Wild Life Trust of India towards flood relief in Assam • Project Ujala – lighting up tribal villages in Karnataka • Providing insulin and its treatment to needy patients • Contribution to Gujarat Cancer Society • Installation of 1KV Solar Power Stations to 5 anti-poaching camps

CORPORATE SOCIAL RESPONSIBILITY • Water purifiers donated to Guardbook Conservation Foundation • Cotton carry bags distributed in villages to reduce plastic bag usage • Schools upgradation program under which modern equipment were donated to 15 Government Primary Schools in Gandhinagar district • Contribution made to Health and Care Foundation and Blind Peoples Association for C3 Ophthalmic Screening Device • Partnered with Gujarat CSR Authority, Govt. of Gujarat for Khoj Museum to be constructed at riverfront, Ahmadabad • Contributed to Rotary club Ahmadabad Metro Charitable Trust for “Prosthetic Hand Camp“

FINANCIAL HIGHLIGHTS 26-05-2020 27

PIPING BUSINESS (INR MN.) EBIDTA EBIDTA NET REVENUE NET REVENUE 3,806 20,428 19,157 3,154 15,819 2,477 14,767 13,180 2,153 1,670 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Sales of FY 18 is regrouped in compliance with Ind AS 115. During the year 18-19, Rex Poly extrusion is amalgamated with the company w.e.f. July 10, 2018. 26-05-2020 28

PIPING BUSINESS (INR MN.) PBT (BEFORE EXCEPTIONAL ITEM) PBT (BEFORE EXCEPTIONAL ITEM) PAT PAT 2,008 2,570 2,202 1,836 1,414 1,592 1,190 1,066 1,039 729 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 During the year 18-19, Rex Poly extrusion is amalgamated with the company w.e.f. July 10, 2018. 26-05-2020 29

PIPING BUSINESS (INR MN. EXCEPT EPS) EPS (IN INR) EPS (IN INR) CASH PROFIT CASH PROFIT 13.33 2,907 9.40 2,085 7.94 7.11 1,657 1,484 4.89 1,083 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 During the year 18-19, Rex Poly extrusion is amalgamated with the company w.e.f. July 10, 2018. EPS for FY 16 to FY 19 have been adjusted for bonus shares issued in current period. 26-05-2020 30

PIPING BUSINESS - RATIOS, CAPACITY & PRODUCTION DEBT / EQUITY RATIO DEBT / EQUITY RATIO CAPACITY UTILIZATION (IN ‘000 MT) CAPACITY UTILIZATION (IN ‘000 MT) 0.23 0.18 0.17 0.09 238.73 0.12 205.29 FY16 FY17 FY18 FY19 FY20 152.10 SALES (IN ‘000 MT) SALES (IN ‘000 MT) 137.71 135.64 127.76 120.82 105.75 87.69 132.20 77.91 122.99 103.99 89.45 77.94 FY 16 FY 17 FY 18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 During the year 18-19, Rex Poly extrusion is amalgamated with the company w.e.f. July 10, 2018. 26-05-2020 31

PIPING BUSINESS – WORKING CAPITAL IN DAYS Inventory No. of days Debtors No. of days Net Working Capital No. of days 75 66 61 57 58 55 51 43 49 49 47 27 38 34 25 FY16 FY17 FY18 FY19 FY20 • Inventory days are higher than normal days mainly because of sudden lock down announced by Government due to COVID-19 pandemic during the pick sales period of March End, Similarly Receivables days have come down proportionately. • Sales of FY 18 is regrouped in compliance with Ind AS 115. • During the year 18-19, Rex Poly extrusion is amalgamated with the company w.e.f. July 10, 2018. 26-05-2020 32

PIPING BUSINESS – GROSS PROFIT MARGIN 40.0% 36.5% 33.1% 35.0% 31.4% 28.8% 30.0% 26.6% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% FY16 FY17 FY18 FY19 FY20 26-05-2020 33

ADHESIVES BUSINESS SUMMARY OF SUBSIDIARIES (INR MN.) EBIDTA EBIDTA NET REVENUE NET REVENUE 856 6,347 816 5,830 765 5,265 4,584 586 3,940 420 Sales of FY 18 is regrouped in compliance with Ind AS 115. FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 26-05-2020 34

ADHESIVES BUSINESS – GROSS PROFIT MARGIN 45.0% 40.9% 40.0% 36.4% 36.5% 35.7% 31.7% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% FY16 FY17 FY18 FY19 FY20 26-05-2020 35

GROUP REVENUE BREAKUP – FY 19-20 Piping 77% Adhesives 23% 26-05-2020 36

CONSOLIDATED (INR MN.) NET REVENUE NET REVENUE EBIDTA EBIDTA 4,534 25,779 3,967 25,073 3,268 20,729 18,947 2,703 16,778 2,035 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Sales of FY 18 is regrouped in compliance with Ind AS 115. 26-05-2020 37

CONSOLIDATED (INR MN.) PBT PBT PAT PAT 3,061 2,496 2,834 2,481 1,973 1,757 2,007 1,446 1,315 1,019 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 26-05-2020 38

CONSOLIDATED (INR MN. EXCEPT EPS) EPS EPS CASH PROFIT CASH PROFIT 16.45 3,575 13.01 2,787 11.68 2,328 9.65 1,948 6.77 1,437 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 26-05-2020 39