Nitin Fire Protection Industries Limited Corporate Presentation - - PowerPoint PPT Presentation

Corporate Presentation

Nitin Fire Protection Industries Limited

Corporate Presentation

SINCE 1984

Introduction

i i i i d i i i d ( ) i i i i h

Operating

Nitin Fire Protection Industries Limited (NFPIL) is a Fire Protection System Integrator, with an agenda to provide wide range of systems to protect and prevent from disaster / hazard of fire.

Over 580 Employees Operating Since 1984 In INDIA 1000 + Happy Employees world wide Customers 25000+ P j t Direct Sales in Projects Completed Direct Sales in Over 25 Countries Direct Presence in INDIA,UAE,UK SINGAPORE SINGAPORE

2

Area Of Focus

Off h

Nitin Fire Protection Industries Provide End to End Fire Protection Solutions and System for various Sectors like

Defence Sector Aerospace sector Nuclear & Offshore Platforms, Refineries, Control Rooms Hospitals and Hospitality Thermal Power Plants Hospitality sector Industrial & Warehouses & Industrial & Manufacturing Units Warehouses & Commercial Spaces Server Rooms & Data Centres 3

RANGE OF WORLD CLASS FIRE PROTECTION SOLUTIONS UNDER ONE ROOF

Comprehensive solutions provider with a wide range of products ranging from basic level fire extinguishers to sophisticated fire protection systems and gas based suppression systems for mission critical areas as well as services

Fire Detection

• Manual / Automatic Fire / Flame / Smoke alarm

conventional & intelligent systems

Breakup

Turnkey Solutions Detection Systems Gas Suppression

conventional & intelligent systems

• Gas based systems used for protection of high value

equipment and critical assets, server rooms, control rooms, data centres etc. using hydrocarbon and

• Automatic Fire Detection & Suppression System For

Vehicle

Business

Suppression Systems Fire Protection

, g y inert gases which are environmental friendly for protecting critical assets

Hydrant / Sprinkler systems Deluge valve and spray nozzle Water & Foam Based Fire protection systems

Designs Supply Testing &

Commissioning

Protection

Products

• Portable fire extinguishers
• tect o

Systems

• Accessories of Fire Fighting Systems

Distribution

Fire P

AMC Services

• Maintenance of fire protection systems

Distribution 4

Corporate Structure

NITIN FIRE PROTECTION INDUSTRIES LIMITED (NFPIL)

100% 100% 100%

NITIN FIRE PROTECTION INDUSTRIES LIMITED (NFPIL)

(Listed on INDIAN Stock Exchange 05.06.2007) (Statutory Joint Auditor : Deloitte Haskins & Sells LLP And Haribhakti & Co. LLP)

Nitin Global Pte Ltd

Singapore Distribution of Protection products

Nitin Ventures FZE

UAE Distribution of Fire protection products in

Eurotech Cylinders Pvt Ltd

India Distribution of High Pressure Industrial Seamless cylinder

100% 100% 100%

Subsidiaries

p in South‐east Asia protection products in Middle East and GCC y Manufactured in China Distributed in India

11 11%

Statutory Auditor: Deloitte Haskins & Sells LLP

S

• ciates

Worthington Nitin Cylinders Pvt Ltd

India Manufacturing of Seamless cylinder i Vi kh t J i t t ith

New Age Company LLC

UAE Turnkey fire protection systems provider in UAE

40% NELP VI

India Investment in Onshore Oil Block with GAIL/GSPC/ HPCL/BPCL

11.11%

Firetec Systems Ltd

UK Distribution of Fire Protection products

Asso

in Visakhapatnam Joint venture with Worthington Industries USA y p Since 1976 HPCL/BPCL Awarded under NELP VI in European regions

60% Owned by Worthington industries USA 40% Owned by Nitin fire protection Industries Limited Incorporated in 2013 Acquired by Nitin Ventures FZE

5

Key Milestones

Acquisition of management control in New Age Co. LLc UAE. Listed once again under F b A i f Best SME Award by Business Today Group 23rd September Delhi UL Approved Novec 1230 Fire suppression

Incorporated as Nitin Industries

First Indian Company to use Ozone friendly Fire Protection Successfully listed on BSE & NSE and expansion

Received ISO 9001:2000

Acquisition 40% stake in New Age Co. LLC in Dubai through its Nitin ventures Forbes Award Listed on Forbes Asia for best under a billion for the Forbes Asia for the year 2010. Divestment of cylinder manufacturing business through JV with Worthington Listed for the 3rd consecutive year under Forbes Asia for Only Company to receive LPCB approval for Inert Gases Fire suppression 100 % Subsidiary incorporated Firetec Systems Ltd in UK under Nitin ventures Listed into S&P 500 Bse Index 2014 Annual Sales Crossed Over pp system UL Approved FM200 Fire suppression system Asia Pacific Entrepreneurship Award (Outstanding Received major orders from ONGC for replacement

• f Ozone

depletion Fire Suppression systems at their offshore

1995 1995 1998 1998 2004 2004 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 2012 2012 2013 2013 2014 2014 2015 2015 1984 1984

Nitin Industries

Systems p in UAE

9001:2000

Nitin ventures FZE year 2009 Worthington Industries Inc. Forbes Asia for the year 2011 suppression systems Nitin ventures FZE Crossed Over 1000 Cr. category Award) e

• s o e

Platforms

0 Cr 1000

6

GLOBAL PRESENCE OF THE COMPANY

Operating since 1984 Amongst top fire protection players in India

India Europe

Operating since 2013 Providing end-to-end solutions for fire protection solutions Operating since 2013

Firetec Systems Limited, UK

Incorporated for expansion into

European Market

Operating since 1976

Singapore UAE p

Operating since 1976 Offices in Abu Dhabi, Dubai and Sharjah with experience

in installation in seven emirates of UAE

Providing end-to-end solutions for fire protection & safety Operating since 2010 100 % subsidiary incorporated

for Expansion into Asian market

Distribution of fire protection Class A certified contractor of UAE for installation of fire

fighting system by Civil Defence. p products in South East Asia 7

Highly experienced management with deep understanding of customer needs

Strong senior m anagem ent team … …w ith deep industry experience

l

• Mr. David Adkins

Global Sales Head UK

• Total experience: 30 years in fire industry
• 8 years senior management role within European

Division of UTC Fire and Security

• Final position with UTC European General Manager Global

Fire Suppression (division revenue in excess of $400 mn)

• Business owner for 17 years, start up through to sale to
• Mr. Partho Roy

CEO – Marketing, INDIA

• Total experience: 25 years
• Experience in the field of fire detection, fire

extinguishing, gas detection and networking

• Holds a Bachelor’s degree in Computer

“science from University

• f Missouri, U.S.A.
• With the group since 2006

Global Sales Head, UK

y , p g Kidde plc

• With the group since 2012
• Total experience: 36 years
• Previously

worked with UTC Fire and Security as its

• Total experience: 39 years
• Associated with Nitin Fire for 18 years
• In charge of the technological development
• Mr. John Sellens

Sales & Marketing, MENA

• Previously

worked with UTC Fire and Security as its managing director based in the UAE, responsible for sales into Russia, Central Europe, Middle East and Central Asia

• With the group since 2012
• f products and technical negotiations with

customers in respect of turnkey and general fire safety products

• Holds a Masters degree in arts
• With the group since 1994
• Mr. Gopal Krishna Shahi

General Manager, INDIA

8

Strong Track Record

Long and

• ISO 9001:2000 company, successfully completed 31 years of operation in India
• More than 8,500 direct installation on pan India basis and more than 25,000 indirect installation

done through various contractors

successful

• perating

history

done through various contractors

• Track record of executing a number of large‐scale fire protection systems installation projects
• Focus on developing customized solutions to meet customer needs and strong after‐sales

support

• Understand clients problem and helping them to provide quick, safest, environmental

friendly, best quality and cost effective fire protection solutions

• Wide range of fire protection equipment and products
• Design capability for providing fire protection solutions to simple as well as complex mission

Design capability for providing fire protection solutions to simple as well as complex mission critical assets

• Skilled and trained engineers / manpower with continuous training to meet with evolving

technology

• Environmentally clean ozone friendly gas suppression system using clean Inert Gases

Focus on technology and product developm ent

• Environmentally clean ozone friendly gas suppression system using clean Inert Gases
• Dedicated in‐house team to monitor development of latest range of products

p 9

FEW LIST OF PROJECTS COMPLETED IN UAE

• S. NO

CLIENT CONSULTANT PROJECT

1 MEYDAN GROUP LLC TAK DESIGN CONSULTANT DUBAI RACING CLUB CABLE TUNNEL 2 TEHNICAL ENGG CONT DESIGN & ARCHITECTURE BUREAU (G+2) MADINA MALL 3 SOBHA CONTRACTING NATIONAL ENGINEERING BUREAU 3B+G+10 & 3B+G+4 BLDG (DAFFODIL) 4 AL MASAOOD BERGUM PRIME ENGINEERING HAMEEM RESIDENT 5 S.S.LOOTAH PORT SAEED ENGG. MEDICAL COLLEGE 6 EMIRATES FLIGHT CATERRING AKKAWI ENGINEERING SP‐751 RENOVATION & IMPROVEMENT 7 SOBHA CONTRACTING AL WASAL DUBAI POLICE VIP DETECTION CENTRE 8 SOBHA CONTRACTING DUBAI CONSULTANTS 3B+G+3P+16 BLDG.(SAPPHIRE) 9 AL RAEEL NATIONAL DORSCH GROUP 7500MEN CAMP 10 ARMS ELECTROMECHANICAL SARAYA ENGINEERING WARE HOUSE ( TYRE STORAGE) 11 MODERN BLDG CONTG BEL YOAHAH ARCHITECTURAL & ENGG. 2B+G+14 RES/COM BLDG AT AL BARSHA 12 NASEEM AL SHARQ SAFEER CONSULTANTS AL FOHA MALL 13 JOHN SISK & SON CONSTRUCTION UPA MASFOUT HOSPITAL – AJMAN 14 AL HADI CONTRACTING AL ARABIA LULU HYPERMARKET 15 SAM BUILDING CONTRACTING ALIGN CONSULTANT P713 CAPAROL 15 SAM BUILDING CONTRACTING ALIGN CONSULTANT P713 CAPAROL 16 CITY DIAMOND CONT AL TAKAMUL AL HANDASI B+G+1 BUSINESS BLDG 17 POSITIV EPACKAGING AL JASSIM ENG. PROPOSED WAREHOUS,G+M OFFICE AND FACTORY FOR POSTIVE PACKAGING 18 GEACO DASTUR CONSULTANT EXECUTIVE HOTEL APARTMENTS 19 YOUSUF & AMAN CONTG. ARCH CORP ARCH.ENG. 3B+G+M+3 BLDG. 20 AL HIKMA CONTG. ENG.ADNAN SAFFARINI FACTORY & OFFICE 21 ASWAN CONTG ARJ CONSULTANT B+G+3 RETAIL COMM.BLDG 22 KARYTA GULF CONSTRUCTION AL THORATH ENGINEERING TAMM PROTO TYPE AT MIRFA 22 KARYTA GULF CONSTRUCTION AL THORATH ENGINEERING TAMM PROTO TYPE AT MIRFA 23 RSA LOGISTICS TORPY ENGINEERING (G+M) OFFICE WAREHOUSE 24 KHALFAN AL SHAER ( DESERT FAL) BIN DALMOUK 2B+G+11+GYM BLDG 25 AMANA STEEL KLING CONSULTANT DJ‐179‐DIP‐1 FACILITIES FAMO 1& 2 26 AL ATTAS CONTRACTING CIVIL DEFENCE FUJAIRAH DIRETORATE OF CIVIL DEFENSE @ FUJAIRAH 27 TAFSEER GENERAL CONT. SUSTAINABLE CREATIVE RUWAIS CAMP 28 DARWISH ENGG. EMIRATES UAE ARMED FORCES MISC CONSTRUCTION AT SIGNAL CORPS CAMP 29 S.S.LOOTAH PORT SAEED ENGG. G+2 LABOUR ACCOMM. 30 MODERN BLDG CONTG BEL YOAHAH ARCHITECTURAL & ENGG. B+G+12 BLDG. 31 ZABEEL CONTRACTING ART CONSULTANT B+G+7 BLDG. 32 AL KAUTHER CONTRACTING CO FREELINE ENG.CONSULTANT DEWA (CONSTRUCTION OF COMBINATED 33 ALBATECH CONSTRUCTION THE ARAB OFFICE EMIRATES STEEL INDUSTRIES

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FEW LIST OF PROJECTS COMPLETED IN INDIA

Client Project Location Client Project Location Client Project Location Aircel Cellular Ltd Multiple Locations Airport Authority of India Nagpur / Mumbai / Delhi Aker Powergas Pvt. Ltd. Mumbai American Express Bank Mumbai Bajaj Alliance Pvt. Ltd Mumbai Bh d P Li it d H i j National Stock Exchange Mumbai / Chennai/ Hyderabad NTPC Limited Multiple Locations Oil & Natural Gas Corporation Ltd Offshore / Onshore P D Hinduja Hospitals Ltd. Mumbai Gujarat Energy Transmission Corporation Limtied Gujarat Hathway Cable & Datacom Ltd Mumbai Hawlett Packard Mumbai HDFC Bank Multiple Locations Hindustan Petroleum Corporation Multiple Locations Bhander Power Limited Hazira Bharat Sanchar Nigam Limited Multiple Locations BG India Offshore BNP Paribas India Solutions P. Ltd. Mumbai Bajaj Auto Ltd., Pune British Gas Exploration & Mumbai Pfizer Limited Navi Mumbai Prana Studios Pvt Ltd . Mumbai Punjab National Bank Mumbai Ranbaxy Laboratories Ltd. Mumbai p p Hutchison Essar Cellular Ltd Multiple Locations Idea Cellular Ltd Multiple Locations Indo Rama Synthetics (India) Ltd. Nagpur The International Business Machines Mumbai Indus Tower Ltd Pan India Protection India Ltd Mumbai Cairn India Ltd. Rajasthan Centre for Railway Information Systems Delhi Chennai Petroleum Corporation Chennai Contemporary Health Cure Pvt. Ltd Mumbai Reliance Industries Ltd. Multiple Locations Reserve Bank of India Mumbai SIEMENS LTD Bangalore Tata AIG Life Insurance Mumbai T t C lt S i M lti l L ti IPCA Pharmaceticals Pvt Limited Mumbai Jet Airways Mumbai John‐ Deere India Pvt Ltd Pune JSL Limited Haryana Juipter Hospital Mumbai Credit Suisse First Boston Securities Pvt.Ltd Mumbai Delhi Integrated Multi Modal Transit System Ltd Delhi Dena Bank Mumbai Department of Atomic Energy Hyderabad Diebold Software Services P.Ltd Mumbai Tata Consultancy Services Multiple Locations Tata Motors Ltd Mumbai Vodafone Inds Ltd. Multiple Locations Wipro Limited Multiple Locations WNS Global Services Pvt.Ltd Multiple Locations KidZania Imagination Edutainment India (P) Ltd, Mumbai Larsen & Toubro Multiple Locations Lilivati Hospital Mumbai Loop Mobile (India) Ltd. Mumbai Mahanagar Gas Limited Mumbai / Navi Mumbai Diebold Software Services P.Ltd Mumbai Dishnet Wireless Ltd Multiple Locations Ferring Pharmaceuticals P. Ltd. Navi Mumbai Fugro Survey Navi Mumbai Gemini Power Hydraulic Pvt Limited. Mumbai p Maruti Suzuki Ltd. Uttar Pradesh Mahindra & Mahindra Ltd Mumbai Mirae Asset Global Investments (India) Pvt.Ltd Mumbai

11

Capital History

• Listed during June 2007 on both the recognized stock exchanges in India
• The IPO oversubscribed by more than 48 times & the issue price was 190/‐per equity share of

FV Rs10/

IPO FY % Bonus History

Date Bonus Ratio

FV Rs10/‐

Dividend History FY % FY – 15 10 FY – 13 10 22‐09‐2011 5:2 03‐11‐2014** 1:3 FY –12 20 FY – 11 50 FY –10 35

Splits History Old Value New Value

Stock Splits FY 10 35 FY – 09 30 FY – 08 20

Split Face Value Rs 10.00 to Face Value Rs 2.00 No capital raised since 2007

13‐08‐2010 10 2

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**Approved issue of bonus shares in EGM held on 03‐11‐2014

Key Financial Highlights ‐ Standalone

Balance Sheet (Rs. in mn.) FY11 FY12 FY13 FY14 FY15 FY16 (HY) Net Worth 1,264 1,381 1504 1,485 1,607 1,688

Cashflow Statement

Net Debt 433 1,651 1,677 2,216 1,978 2,927 Sources of Funds 1,697 3,033 3,181 3,701 3,585 4,615 Fixed Assets (incl. CWIP) 27 134 353 349 437 633 Investments 638 843 592 591 575 575 (Rs. in mn.) FY11 FY12 FY13 FY14 FY15 Cash flow from Operating Activities (314) (938) 332 (289) 647 Income Statement Investments 638 843 592 591 575 575 Net Working Capital 1,032 2,056 2,236 2,761 2,573 3,407 Application of Funds 1,697 3,033 3,181 3,701 3,585 4,615 (Rs. in Mn.) FY11 FY12 FY13 FY14 FY15 FY16 (HY) Revenue 1,477 1,635 3,521 4,554 4,889 3,017 EBITDA 190 231 312 347 511 313 PAT 237 101 175 110 135 75 PAT 237 101 175 110 135 75

13

Key Financial Highlights ‐ Consolidated

B l Sh t Cashflow Statement Balance Sheet

(Rs. in mn.) FY‐11 FY‐12 FY‐13 FY‐14 FY‐15 FY‐16 (HY) Net Worth 2,321 2,657 3,175 3,711 4,427 5,503 N t D bit 1 332 2 717 2 936 3 556 3 989 5 124

(Rs. in mn.) FY‐11 FY‐12 FY‐13 FY‐14 FY‐15

Cash flow from Operating Activities

(132) (948) 402 10 216

Net Debit 1,332 2,717 2,936 3,556 3,989 5,124 Sources of Funds 3,654 5,374 6,111 7,267 8,416 10,627 Fixed Assets (incl. CWIP) 1,383 1,514 1,822 1,994 2,144 2,193

Income Statement

Investments 607 663 360 14 381 396 Net Working Capital 1,664 3,197 3,929 5,259 5,891 8,038 Application of Funds 3,654 5,374 6,111 7,267 8,416 10,627

Income Statement

(Rs. in mn.) FY‐11 FY‐12 FY‐13 FY‐14 FY‐15 FY‐16 (HY) Revenue 4,382 5,360 7,047 10,161 11,466 7,920 growth % 39.40% 22.30% 31.47% 44.19% 12.86% EBITDA 649 748 893 1,077 1,268 1,006 margin % 14.80% 14.00% 12.70% 10.60% 11.05% 12.70% PAT 579 470 614 665 671 601 margin % 13.20% 8.80% 8.70% 6.55% 5.85% 7.59%

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Key Market Information Shareholding Pattern

#Shareholding Pattern

Few of our Institutional Shareholders

Others 12.46

Name of the Shareholder as on 30/09/2015

Promoters 72.52 Institutional 15.02

# as on November 28 2015

AUSTRALIAN UNITY ACRON CAPITAL ASIA SMALL CAP FUND INDUS PORTFOLIO PVT LTD

Market Information

as on November 28 2015

Pledge: As on 28/11/2015, 70,683,161 equity shares of the Company have been pledged for the working capital needs of the biz

DFA INVESTMENT DIMENSIONS GROUP INC JOHN HANCOCK FUNDS II EMERGING MARKETS VALUE FUND

Particulars as on 30/09/2015 (BSE) Rs. CMP 41.90 Market Cap (Rs. MN) 12,246 52 week high Adjusted 55.30

PLUTUS TERRA INDIA FUND GENRAL INSURANCE COPRPORATION OF INDIA

g j 52 week low Adjusted 27.20 Face Value 2.00 Total No. Total of Share Holder as on dt. 31‐03‐2015 22279

THE EMERGING MARKETS SMALL CAP SERIES OF THE DFA INVESTMENT TRUST COMPANY

15

Industry Dynamics

• Global Fire & Security market is estimated to

be c.US$ 100bn, growing in excess of GDP and is expected to grow at CAGR of c.15% Thi i d i l l d b TYCO h i

Key long term dem and drivers

Technology

Demand for innovation and new applications Application and systems convergence Mandatory government regulations

• This industry is currently lead by TYCO having

12% of the market share alongwith UTC, Honeywell, Siemens in the space.

• Highly fragmented market with top five

Regulations

Stringent environmental standards Growth market codes and standards proliferation

Customers

Interest in latest technology and increasing

awareness

Increasingly price conscious

• Highly fragmented market with top five

players account for less than 20% share.

• NFPIL currently enjoys 0.1% share of the

Global Fire Industry

Increasingly price conscious

Infrastructure

Increase in infrastructure investments Commercial and residential constructions

Global Fire Industry.

• There

is a definite demand for Fire Protection products worldwide with newer products under development products under development

• The Innovation and Product Development

are the critical aspects of success in the industry

16

Source: TYCO Annual Report 2015

VISION 2020

• Make Our Company a Global Brand Worldwide
• Accelerate growth via entering into growing market
• Develop & Promote Technologically sound products
• Lookout for in‐organic opportunities in this space;
• Lookout for in‐organic opportunities in this space;
• Introduce & penetrate the largest market for Fire protection, North America;
• Expansion in terms of manufacturing and R&D programmes
• Fully integrated service setup backed by experienced industry veterans
• Work towards setting up newer guidelines for effective Fire Safety solutions for the end users

17

Our Strengths Position Us to Win

Customer Demand

• Increased

demand for integrated fire protection systems

• Growing

niche product segment for Competitive Landscape

• Fragmented market
• Increasing industry consolidation

specialised products

• Growth

market codes and standards proliferation

• Implementing fire codes and standards

Strengths & Opportunities

• Technology leadership
• Accelerated development and integration
• f new technologies & service offerings

p g Technology Evolution

• Integration of Fire and Gas Suppression

Systems g g

• Vertical‐market specific skills and solutions
• Accelerate technology advancements
• Broaden footprints

Systems

• Demand

for innovation and new applications

• Application and systems convergence
• Vertical

specific technologies and Vertical specific technologies and applications

18

Accelerate Organic Growth

L i ti t b f th Leverage existing customer base for growth with newer range of products Improve customer service through end‐to‐ d l ti ff i end solution offerings Differentiate offerings through innovation E d tf li & d t ff i Expand portfolio & product offerings Local Presence to drive growth within each region Local market‐driven R&D supported by global technology and resources I ti i l l l d k ti Investing in local sales and marketing capabilities

19

Corporate Social Responsibility

The Company has been involved in various projects for the uplift of the society and takes steps to help the underprivileged at the time of Emergency help the underprivileged at the time of Emergency. NFPIL Conduct’s Eye Camp & Blood Camp Test center at various intervals through out the year NFPIL has actively participated in sending Relief Material to Nepal Earthquake in Emergency crisis's NFPIL Supply Food items & Books to underprivileged society through the year at regular intervals.

20

Disclaimer

All the information contained in this presentation has been prepared solely by the Company. No information contained herein has been independently verified by anyone else. Any person placing reliance on the information contained in this presentation or any other communication by the Company does so at his or her own risk and the Company shall not be liable for any loss or damage caused pursuant to any act or omission based on

• r in reliance upon the information contained herein.

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Nitin Fire Protection Industries Limited

C t H d t

Nitin Fire Protection Industries Limited

Corporate Headquarter:

501, Delta, Technology Street, Hiranandani Gardens, Powai, Mumbai ‐ 400 076. Maharashtra, India. Ph: +91 22 4045 7000 Fax: +91 22 2570 1110 Website : http://www nitinfire com Email : nitinfire@vsnl com Website : http://www.nitinfire.com Email : nitinfire@vsnl.com