Borosil Renewables Limited · NSE:BORORENEW
Borosil Renewables — FY2020 Earnings Presentation
17 slides from Borosil Renewables's earnings presentation, Jul 16, 2020
Slide 1: Revised Presentation cover letter to stock exchanges
July 16, 2020 The DC CS - CRD BSE Liimited Natiional Stock k Exchangee of India Ltd. L Corporaate Relationnship Deparrtment Exch hange Plazaa, C-1, Blocck G, 1st Flooor, New Tradding Ring, Bandra Kurla Complex, C Rotunda Building, P. J. Towerrs, Bandra (East), Mumbai M – 4400 051 Dalal Street, Mumbb
Slide 2: Borosil Renewables Limited
Gujarat Borosil Ltd. Borosil Renewables Limited. 1
Slide 3: Borosil Renewables Limited
Borosil Renewables Limited • Part of the Borosil Group - pioneers in glass manufacturing in India • India’s sole manufacturer of Low Iron Textured Solar Glass • World’s first manufacturer of 2mm fully tempered solar glass • Manufacturing facility at Bharuch, Gujarat 2
Slide 4: Developments in FY20
Developments in FY20 • The Board had earlier approved a composite scheme of amalgamation and arrangement involving the company, Erstwhile Gujarat Borosil Ltd., Fennel Investments, Vyline Glass Works Ltd. and Borosil Limited. • The National Company Law Tribunal, Mumbai Bench (NCLT) approved the schem
Slide 5: New Brown field Solar Glass Plant with Capacity 240 TPD
New Brown field Solar Glass Plant with Capacity 240 TPD (1.2 GW annual Capacity) • Work on SG-2 project had started on 19th April 2018 and was completed by the team in record time. • The team was able to light the furnace on 6th June 2019, in less than 14 months, ahead of plan. • Glass was first dra
Slide 6: Rebuild of Existing Solar Glass Plant with enhanced Capacity of 210 TPD
Rebuild of Existing Solar Glass Plant with enhanced Capacity of 210 TPD • The Rebuild was started on 18th August 2019 and was completed by the team in record time. • The Commercial production of SG # 1 Rebuild was started 2nd December 2019. The furnace was light up on 1st November 2019. The glass wa
Slide 7: Impact of the COVID-19 pandemic on the business
Impact of the COVID-19 pandemic on the business • The business of the Company has been severely impacted by Covid-19 pandemic. At the start of the lockdown, the Company was forced to shut down production from both the furnaces and put the same on soak at high temperature till 23rd April 2020. • In t
Slide 8: Financial Highlights –Q4 FY 20 & FY20
Borosil Renewables Limited (BRL) Financial Highlights –Q4 FY 20 & FY20 Particulars Q4 Q4 QoQ FY 20 FY 19 Growth FY 20 FY 19 Growth in % in % Revenue From Operations (Rs. In Crore) 94.26 62.13 51.7% 271.16 216.76 25.1% EBITDA (Rs. In Crore) 21.19 9.49 123.3% 40.04 41.80 -4.2% Interest (Rs. In Crore)
Slide 9: Key Financial Data
Borosil Renewables Limited (BRL) Key Financial Data Rs. In Lakhs Particulars As at 31st March 2020 Non-current Assets 37,175 Current Assets 12,797 TOTAL ASSETS 49,972 Equity 32,644 Non-current Liabilities 9,069 Current Liabilities 8,259 Total Equity & Liabilities 49,972 8
Slide 10: Sunny Outlook for Indian Solar Energy - Strong Govt. initiatives for demand
Sunny Outlook for Indian Solar Energy - Strong Govt. initiatives for demand • Strong Govt. impetus targeting 100 GW installed capacity by 2022 under National Solar Mission. • Substantial capacity added after 2014. The total installed capacity as on 31.3.2020 stands at 37 GW. • Govt providing push an
Slide 11: Sunny Outlook for Indian Solar Energy - Policy Boost to local production
Sunny Outlook for Indian Solar Energy- Policy Boost to local production • India has imposed anti-dumping duty in August 2017 against solar tempered glass imports from China. Unfortunately, no ADD was imposed by Authority despite ascertaining injury to domestic industry. • Govt trying to develop an e
Slide 12: BRL- Strong Growth Prospects
BRL- Strong Growth Prospects • Net Sales growth 12.6% CAGR FY14-20 in Solar Business. • New products-thinner glass in 2.5 and 2.8 mm becoming popular and helping customers reduce cost. Sale of these thicknesses now comprise of 20% of the Company’s sales in 2019-20. In export markets, 2mm fully tempe
Slide 13: BRL’s competitive advantage
BRL’s competitive advantage • Market Leadership in Indian Solar Glass Market – Cost competitive with supplies from China /Malaysia except for subsidies in inputs/costs in those countries and incentives on exports. • State of the art manufacturing with strong testing and R&D infrastructure – High deg
Slide 14: BRL offers world’s first 2 mm fully tempered glass
BRL offers world’s first 2 mm fully tempered glass. New generation Photovoltaics First in the world ! APPLICATIONS Solar windows Solar car parks Solar rooftops Solar curtain walls
Slide 15: Innovation led - Engineering and R&D Capabilities
Innovation led -Engineering and R&D Capabilities Results Achieved through Passion for Innovation and R&D Antimony free Low Developed technology to manufacture world’s first antimony free low iron textured Solar Glass Iron Solar Glass Prevented use of 250 MT of toxic element antimony per annum
Slide 16: Disclaimer
Disclaimer “This investor presentation has been prepared by Borosil Renewables Limited (“Borosil”) on a strictly confidential basis. Certain statements in this presentation may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward looking statements ref
Slide 17: Thank you
Thank you 16