Tinna Rubber & Infrastructure Limited · NSE:TINNARUBR
Tinna Rubber & Infrastructure — Investor Presentation (August 2022)
30 slides from Tinna Rubber & Infrastructure's investor presentation, Aug 12, 2022
Slide 1: Investor Presentation filing letter to stock exchanges
TINNA RUBBER AND INFRASTRUCTURE LTD CIN NO. : L51909DL1987PLC027186 Regd. Office : Tinna House, No-6, Sultanpur, Mandi Road, Mehrauli, New Delhi -110030 (INDIA) Tel. : (011) 4951 8530 (70 Lines), (011) 4900 3870 (30 Lines) E-mail : [email protected] URL - www.tinna.in Date: August 12, 2022 To, To
Slide 2: Investor Presentation | August 2022
INVESTOR PRESENTATION | AUGUST 2022
Slide 3: Company Overview
Company Overview 2
Slide 4: Company Overview
Company Overview • Tinna Rubber & Infrastructure Limited (TRIL), was founded in 1977 under the visionary Operational Revenue (In INR Mn) EBITDA Margins (%) leadership of Mr Bhupinder Kumar Sekhri. 2,292 • The company transforms end of life tyres into rubber and steel, which further have application
Slide 5: Key Strengths
Key Strengths Experience of 5 decades in rubber 100% recovery from tyres (Zero Waste) processing Fully Integrated, from collection of ELTs to production Strong sourcing tie-ups of End-of-Life tyres from of recycled materials the U.S.A., Australia, Middle East, Africa and Europe Manufacturing plants
Slide 6: From Medicinal Dropper to New Tyres and Roads – We serve all
From Medicinal Dropper to New Tyres and Roads – We serve all Sports Turf Roads Gym Tiles Conveyor Belts Rubber Mats Medicine Dropper New Tyres Investor Presentation | www.tinna.in 5
Slide 7: Board of Directors
Board of Directors Mr. Bhupinder Kumar Sekhri Mr. Gaurav Sekhri Mr. Subodh Kumar Sharma Mrs. Promila Kumar Chairman & Managing Director Director Director & Chief Operating Officer Woman Director Mr. Bhupinder Kumar is the promoter of the Mr. Gaurav Sekhri is educated in London, and Mr. Subodh Kumar
Slide 8: Key Milestones
Key Milestones Introduced light Commercialised state weight rubber Diversified into edible of the art reclaim slippers with state- oils & agro rubber plant in of-the-art Japanese Tie-up with commodities and Kalamb (Himachal Bridgestone for Group founded technology and Set up state-of-the- Pradesh) a
Slide 9: The only tyre recycling company to have a Pan-India presence
The only tyre recycling company to have a Pan-India presence 3 of our plants are located near ports to Sirmour (Himachal facilitate import of waste tyres Pradesh) and re-export of finished goods. Panipat (Haryana) Mathura (Uttar Pradesh) All plants located near vibrant industrial hubs. Purba Medinip
Slide 10: Manufacturing Facilities
Manufacturing Facilities Shifting of tyres for Plant Shredding Machine Grinding Conveyor Seving & Packing Sieving Process Auto Feeding Section Operation Conveying & Refining Feed Hopper & Devulcanizing Auto Feeding Section Packing & Stacking No New Investments on Capex required to maintain Allied Pl
Slide 11: Certifications
Certifications Environmental Occupational Health & Prestigious 2022 Recircle IATF Certified By Quality Quality Management Management System Safety Management Award in Rubberised Asphalt (Austria) for Delhi Office system certification Certification System Certification Category & Chennai Plant Invest
Slide 12: Esteemed Clientele
Esteemed Clientele Investor Presentation | www.tinna.in 11
Slide 13: Business Overview
Business Overview 12
Slide 14: Waste to Wealth
Waste to Wealth • TRIL is a specialty materials company that uses environment friendly technologies to transform rubber from end-of-life tyres into materials for new tyres and other rubber-based industrial products & applications. • The company uses only End-of-Life Tyres (ELT) procured within India
Slide 15: Enabling Circular Economy
Enabling Circular Economy • Today’s manufacturing by and large follows linear economy process where in they take raw materials from the environment and turns them into new products, which are then discarded into the environment. • On the other hand, circular economy involves utilizing existing mater
Slide 16: Creating Road for Sustainability
Creating Road for Sustainability In a study done by Ragn-Sells Däckåtervinning AB, Sweden, 2018, Life Cycle Assessment was carried out comparing: Road Made from Normal Bitumen Versus Modified Bitumen. Four test surfaces were prepared with different layer composition (Refer Figure-1). Life Cycle Asse
Slide 17: Road Sector Products
Road Sector Products Crumb Rubber Modifier (CRM) • Crumb Rubber Modifier(CRM) is blend of waste tire rubber, hydrocarbons and cross Road Sector Product Volumes (MT) linkers, which further can be blended with bitumen in certain ratio. • The Flexural range of CRM offers binders that are stable and eas
Slide 18: Road Sector Industry and Growth Drivers
Road Sector Industry and Growth Drivers Rubber Crumb: Addressable Market size in Road/Infrastructure Sector Growth Drivers • Aggressive New Road Construction Speed: 30 Kms Per Day • GOI in process of making use of CRMB mandatory on the top layer of all road surfaces. • CRMB Requirement per Km of Roa
Slide 19: Non-Road Sector Products
Non-Road Sector Products Hi-Tensile Ultrafine Reclaim Rubber Non Road Sector Product Volume (MT) • Tinna Hi-Tensile Reclaim is 100% strained and a devulcanized rubber • It is grain less and free from foreign matter allowing smooth extrusion and good finish • It is REACH, PAH, RoHS compliant and free
Slide 20: Non-Road Sector Industry and Growth Drivers
Non-Road Sector Industry and Growth Drivers Crumb Rubber Industry: Opportunities for Reclaim Rubber in the Tyre Sector ● The floor mats application segment is expected to expand at a rapid pace during the forecast period. Floor mats Raw Material Cost Breakup Potential Potential consume between 50,00
Slide 21: Steel Products
Steel Products Steel Abrasives • Steel abrasives are used for shot blasting, shot peening and other surface treatment applications where small steel particles are fired upon a workpiece with the help of a compressed air/ centrifugal wheel to remove, clean, strengthen (peen) or polish metal surfaces.
Slide 22: Government Initiatives: Key enablers for future growth
Government Initiatives: Key enablers for future growth Gadkari says not very happy with steel, cement Environment Ministry brings out draft EPR Infra sector at cusp of upturn driven by govt companies' approach in road construction notification for waste tyres push: Analysts Source – Times of India S
Slide 23: Financial Overview
Financial Overview 22
Slide 24: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 Q1-FY23 Operational Income 1,227 1,301 2,292 821 Total Expenses 1,141 1,127 1,923 707 EBITDA 86 174 369 114 EBITDA Margins (%) 7.01% 13.37% 16.10% 13.89% Other Income 29 17 34 6 Depreciation 76 79 86 22 Interest 94 96 90 16
Slide 25: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 711 706 696 Share Capital 86 86 86 Capital WIP 33 4 6 Investments Property 53 53 53 Other Equity 582 582 6
Slide 26: Financial Performance Chart- P&L Statement
Financial Performance Chart- P&L Statement Revenue From Operations EBITDA (In INR Mn) & (INR Mn) EBITDA Margins (%) 2,292 369 1,227 1,301 821 174 114 86 16.10% 13.89% 13.37% 7.01% FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 Diluted EPS (INR) PAT and Cash Profit (INR Mn) 254.10 19.73 90.61 169 82 7
Slide 27: Financial Performance Chart- Balance Sheet
Financial Performance Chart- Balance Sheet ROE (%) & ROCE (%) Net D/E (x) Stock Turnover Ratio (x) 3.69 24.44% 0.98 0.96 0.86 21.81% 2.31 2.13 9.94% 0.99% -0.15% FY20 FY21 FY22 FY20 FY21 FY22 -7.19% FY20 FY21 FY22 ROE ROCE Fixed Asset Turnover Ratio (x) Interest Coverage Ratio (x) 3.4 3.53 1.8 1.6 1
Slide 28: Capital Market Data
Capital Market Data Stock Return (As on 30th June 2022) 500% 450% 400% 350% 300% 250% 200% 150% 100% 50% 0% -50% -100% Jul/2021 Aug/2021 Sep/2021 Oct/2021 Nov/2021 Dec/2021 Jan/2022 Feb/2022 Mar/2022 Apr/2022 May/2022 Jun/2022 TINNA BSE Price Data (As on 30th June 2022) Shareholding Pattern (As on 3
Slide 29: Disclaimer
Disclaimer Tinna Rubber and Infrastructure Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinio
Slide 30: Thank You
Cowesea. Caring for Environment THANK YOU
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