Amulya Leasing & Finance Ltd Company Profile
Dec 23, 2015
Amulya Leasing & Finance Ltd
Company Profile
Introduction Amulya Leasing & Finance Limited (ALFL) is a listed company on Bombay
Stock Exchange (BSE) with current market capitalization of around Rs 62 Crores.
In the year 2011, ALFL was taken over by Gupta family thereby making this company part of their “SUDESH GROUP”
With the vision of venturing into Micro Finance business, the company explored various possibilities but could not crytallize the vision.
For the Interest and commitment towards Investors, the Promoters decided to introduce M/s Apollo Pipes limited -another Sudesh Group Company which is the only PVC pipe manufacturer in Northern Region with widest range of plastic pipes – cPVC, uPVC and HDPE pipes and fittings in ALFL.
Consequently, in 2014, ALFL acquired 50.96% stake in Apollo Pipes limited(APL) and became its Holding Company.
More about Apollo Pipes Limited
Introduction APL, part of Sudesh Group of Industries, was set up in 2000 by
setting up of manufacturing plant at Sikandarabad, U.P. Advanced manufacturing facility set up in Dadri APL is in the business of manufacturing and marketing of Plastic
Pipes and fittings and leading manufacturer with highest capacity at single location in Northern Region.
APL is diversified and focused into value added products viz., cPVC, Column, Ribbed screen, ring fitted and Plumbing pipes and fittings.
All products manufacturing under one roof for better operating efficiency
Unit Location State ProductsInstalled
Capacity (MTA)
Apollo Pipes Limited
Dadri UPuPVC and cPVC
Pipes & Fittings, HDPE & PP Pipes
43000
APL – 5 Yrs. Journey
Consistent Sales Growth
Mile Stones: Started manufacturing
activity in Feb 2000.Started: Column Pipes - FY 07-08. HDPE Pipes - FY 09-10. uPVC Plumbing Pipes &
Fittings - FY 12-13 cPVC Pipes & Fittings - FY
13-14.
Details UoMFY
10-11 11-12 12-13 13-14 14-15
Installed Capacity kTA 26.5 32.8 36.7 39.7 43.0
Polymer Consumption kTA 10.0 9.8 12.8 14.6 16.5
Sales Turnover Rs.Cr. 79.8 102.1 134.4 166.6 200.3
Cash Profit Rs.Cr. 11.1 7.4 7.5 8.5 17.9
PBT Rs.Cr. 9.7 5.5 5.2 5.7 16.6
10-11 11-12 12-13 13-14 14-150.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
45.0
50.0
0.0
50.0
100.0
150.0
200.0
250.0Installed Capacity kTA
Polymer Consumption kTA
Sales Turnover Rs.Cr.
Cash Profit Rs.Cr.
KT
A
Rs
Crs
.
Sudesh Group of Industries Sudesh Group of Industries - Conceived and promoted by founder
Chairman Late Shri Sudesh Kumar Gupta.
The group consists of
• Steel Division - First iconic company – APL Apollo Tubes Limited (earlier known as Bihar Tubes Ltd.) started in 1986 at Sikanderabad (UP).
• Plastic Division - Apollo Pipes Ltd. started in 2000 at Sikanderabad (UP) and expanded to add another manufacturing unit at Dadri (UP).
• Galvanised Sheets, Hollow Steel Sections Division - Apollo Metalex (P) Ltd. - Sikanderabd in 2006
• Galvanised & Black Steel Tubes & Hollow Steel Section Division - Taken over Shri Lakshmi Metal Udyog Ltd. – Bengaluru in 2007.
• HFIW Steel Pipes & Hollow Steel Sections Division - Lloyds Line Pipes Ltd. - Murbad, Mumbai taken over in 2009.
Product BasketuPVC Pipes
uPVC Column Pipes
uPVC Casing Pipes
uPVC Ribbed Screen Pipes
uPVC Ring fit Pipes
uPVC Plumbing Piping
System
uPVC Agri Fittings
SWR Piping System
cPVC Piping System
HDPE Piping system
Sprinkler Irrigation
System
PLB Ducts
Complete Range of Agri and Building & Construction Products
Pipes – Our Range Applications
Agriculture Segment
Irrigation
Casing pipes
Drip irrigation
Water Management Segment
Drinking water transportation
pipes
Construction Segment
Bore well pipes
Sanitation & Sewage pipes
Plumbing Pipes
Telecom Ducting Segment
cPVC Pipes and FittingsSalient Features:• Suitable for Hot (upto93deg C) and cold water
applications• No Scaling• Detain bacterial formation and growth• Life span for > 50years• High impact strength and durability• Excellent resistant to chemicals• Smooth inner surface thus energy efficient• Fire resistant and self extinguishing• Light in weight thus easy to transport and install• Brass fittings - compatible with GI installations alsoApplications:• Hot and cold potable water distribution in
residential, commercial & industrial installations• Conveying edible oils and chemicals & corrosive
fluids
Distribution Network – Company Owned
PUNE
HYDERABAD
JAIPUR
LUDHIANA
INDORE
HEAD OFFICEDELHI
BALLABHGARH
GHAZIABAD
KANPUR
DELHI
RUDRAPUR
BENGALURU
Strong distribution presence in
North India.
New warehouses started in
Rudrapur, Ludhiana, Hyderabad,
Pune and Bengaluru - Will reduce
inventory cost for Distributors &
Dealers.
Warehousing facility in
Hyderabad, Bengaluru and Pune
to help increased presence in
Western & Southern India.
Southern India warehouses will
reduce delivery period to dealers
and retailers to 2 days from 10-12
days.
Prompt Delivery, Prominent Presence
Industry PeersDetails
Finolex Industries Ltd.
Astral Poly Technik Ltd.
Apollo Pipes Ltd.
RatingRating CRISIL A+/A1 CRISIL A+/A1 CRISIL BBB/A3+
Date (05-07-2013) (01-02-2013) (24-06-2013)
Product uPVC, cPVC Pipes & Fittings
CPVC, UPVC, Column pipes
uPVC, HDPE, CPVC Pipes and Fittings
Size (in inches) 20 mm to 400 mm 15 mm to 300 mm 20 mm to 450 mm
Raw Material
EDC (Ethylene di chloride), Ethylene, VCM (Vinyl chloride monomer), Coal, PVC
Chemicals, adhesives and others
Resin, Chemicals
Net Sales (Million INR)
FY 15FY 14FY 13
24761.424530.321448.2
12526.410732.18210.3
179316901208
PAT (Million INR)
FY 15FY 14FY 13
477.71701.41361.4
688.4772.0595.2
141.235.935.5
Presence Pan India Pan India North India
APL – Strengths & USP Only PVC pipe manufacturer in North India with widest
range of plastic pipes – cPVC, uPVC and HDPE. Diversified and focused into value added products viz.,
cPVC, Column, Ribbed screen, ring fitted and Plumbing pipes.
Well equipped with land bank for any future expansion Self sufficient on water supplies. Power Sufficiency - captive power backup for entire plant. 48 Hours delivery period. Market leader across products with strong brand pull in
North India. Pipe order book of approx. Rs 275 Crs – Expected to be
executed in FY2016
Key Focus Area New value added product with superior margins – cPVC
Pipes and Fittings launched in FY14 and is well accepted by the market.
Developing new markets on cash-n-carry model. Continue to run PVC pipes operations with cash-n-carry model.
Create and enhance Agri. & SWR fitting manufacturing facility.
Better leveraging of the ‘APL APOLLO’ brand and maintain margin profile.
APL - Growth PlanFittings Range / Capacity Enhancement – FY 14-15 and 15-16
Focus on Sales and Marketing for cPVC. Enhancement of cPVC & uPVC
Plumbing fittings.
Double the Mold library & Injection Molding Machines.
Agri. and SWR Fittings Range / Capacity Enhancement – FY 15-16
Mold library creation and to be enhanced to the tune of 150 nos.
Injection Molding Machines approx. 15 nos. in total.
Expansion / Up gradation of Existing Production Setup - FY 14-15 and FY
15-16
Capacity expansion and up-gradation of existing manufacturing capacity
for better operating efficiency to cater to enhanced pipe demand for
Water Distribution system
APL - Growth Plan Contd…Use of cPVC in Fire Sprinkler Systems
Marketing of cPVC piping system in fire hydrant systems for
replacement of MS pipes.
Market seeding - FY 15-16.
Technological Advancement
Tie Up for technology transfer and collaboration for Market seeding and
manufacturing of cost effective material (O-PVC) pipe – FY 15-16.
Geographical Expansion of Manufacturing Capacity for uPVC / cPVC Piping
System – FY 16-17
Market seeding in FY 14-15.
Finalization & work kick off in FY 15-16 to start up manufacturing in FY
16-17.
APL - Growth Plan Contd…
HDPE Pipes
Market seeding for higher dia. pipes in water and sewerage projects –
FY 14-15.
Capacity addition of higher dia. HDPE Pipes viz., 500mm, 630mm, 800,
1000mm sizes- FY 15-16.
OEM Supplies to FMCG Sector
Tie up with FMCG manufacturer/s for packaging containers for OEM
supplies - FY 16-17.
Esteemed Customers – Govt.PHED – Rajasthan
RUIDP
Minor Irrigation Department - UP
GWSSB - Gujrat
U.P. Jal Nigam
U.P. Agro Indl. Corp. Limited
- Lucknow
UP Irrigation Department
UPPCL – Lucknow
U.P. Avas Vikas Parishad
Uttranchal Pey Jal Nigam
Maharashtra Jeevan Pradikaran
Director Horticulture - Lucknow
Punjab State Water Supply & Sewerage Board
Agriculture & Horticulture Department – Panchkula,
Haryana
Agriculture & Horticulture Department – Patna, Bihar
Agriculture & Horticulture Department – Bhopal,
Madhya Pradesh
Esteemed Customers – Private Institution
Larsen & Toubro
Pratibha Industries Limited
IVRCL
Megha Engineering & Infrastructures
Limited
South West Mining Limited
Navayuga Engineering
Company Ltd
ERA Constructions
Reliance Industries Limited
IFFCO
Jaypee Infra Structures Limited
Nagarjuna Constructions
Ramky Constructions
Vichitra Constructions
Omaxe
Asian Tech
And List Goes On…
Transactions in this sector There has been significant interest among Foreign
MNC’s to acquire Indian companies in this sector. Most of the transactions in this sector have been done at north of 2 X Sales multiple. Belgian company Aliaxis Group invested USD 150 million in
Ashirvad Pipes for a 51% stake valuing the company at 3 X Sales multiple.
PE fund Westbridge capital invested $10 million in Astral pipes valuing company at 2 X Sales multiple
A Chinese MNC had given valuation of Rs 250 Crore for complete buy out of APL in 2012 valuing the company around 4 X Sales multiple
Thank You
Amulya Leasing & Finance Limited
Contact us:
Mr. Ajay Kumar [email protected]:amulyaleasing.com37, Hargobind Enclave,Vikas MargNew Delhi -110 092