PPT(Nov 2023)

FUTURE GROWTH FACTORS

A…Ganesha Overseas, Nepal:

=Started commercial production in Feb,2023.

=Current capacity utilization
has ramped up to 70% and expected to further ramp up to over 80% by end of Q3, 2024

B…Ganesha Ecopet, Warangal

=Production of Rpet Chips and RFDY started during April, 2023. Products
are under commercial trials and approvals from various brands took longer time than our expectations.

=Commercial offtake now started from October onwards. Ramp up of capacity utilization by Q4, 2024.

C…Ganesha Ecotech, Warangal:

= Started commercial production during February, 2023. However, ramp
up of Washed flakes, being captive supply to Ecopet, is dependent on Ganesha Ecopet ramp up.

=Businesses in subsidiaries suffered a net loss of Rs. 10.3 crore during the quarter due to lower level of
operations. Operations ramp up is expected in H2, FY24.

D…B2B business

=Approvals have been received from some of the leading brands for Rpet (B2B grade) Chips and
Company has started getting orders.

= Production till December, 2023 has been booked and line is now
running at full capacity.

= Export market is also improving and we have started to book exports orders too.

=Company is putting up two more production lines which is expected to be operational over next 6-8
months in two stages.

=We are expecting to get the capacity of all three production lines booked for FY 25 over next 3-4 months.

=We joined hands with Manjushree Technopack Ltd., a leading manufacturers of Pet preforms for over 50 leading brands of the country, for joint development and marketing of Rpet Chips. This alliance will
strengthen our market penetration.

=RPSF production line at Warangal is going to start very shortly and we have already started to explore
the Southern market for the same. Filament yarn capacity will be ramping up gradually

E…Core RPSF Business:

=To mitigate the slowdown in core textile sector Company has planned to shift its focus from yarn
spinning sector to non-woven and technical textile segment, where demand and prices are better
than spinning sector.

=Company is targeting to reduce present 65% proportion of yarn spinning sector in RPSF Sale to 50% over next 6 months.

F…Exhibitions
=Company has increased its presence in national and international exhibitions and expos for
showcasing its products and it is participating almost every month in any of international/ national
exhibitions. It is benefitting Company and it has explored new markets and customers. As a result,
exports started increasing which declined during June 23 quarter.

G…Govt policies

=Government has introduced BIS standards for some of the textile products to control the dumping
from China and other neighboring countries.

=Government support through policies such as approving
B2B recycling for food grade applications & mandatory
regulations to use recycled PET from FY2024

H…Go rewise

=The brand is being launched with a commitment for the good
of tomorrow. Go Rewise is dedicated to conserving resources
and establish sustainability supremacy by efficiently recycling
PET plastic into premium quality products

Disc…invested since 2021

Howevere, company is giving flat results
(flat operating profit with high depreciation and high interest expense ) since last 2 yrs.

I will wait for next 1-2 yrs before taking any decision.

Techno electric concall – strong outlook

● Total unexecuted Orderbook : 4361 Cr
Received this quater- About 850 Cr.

● L1 in order worth 2700 Cr – including About 2000 Cr in AMI ( Smart meter ) – from Jharkhand, Tripura , J&K

● Bid of 5000 Cr yet to open- company expects further 2000 Cr from it

● Guidance:
FY24 topline – 1600-1800 Cr
FY25 – 2500 Cr

● Data centre
~ Got a land allotment in Kolkata for data centre

~ Invested 220 Cr. on chennai data centre so far. – Capex of 330 Cr. to be done by next 4-5 months ) by FY24.
~ Revenue to start flowing in from next FY

Total Capex in chennai phase 1- 1200 Cr – to be done by FY25.

● Cash on books: 1500 Cr. – to be used for growth, such as data centre assets , Smart meters etc.

~ 1000 Cr. Investment in Smart meter projects

~ To be large dividend paying company going forward as well.

~ Receivables pending from windpower: 125 Cr. From tamilnadu goverment

Disc: Invested since last year, as mentioned earlier, biased views.
I am not a SEBI registered analyst. Do your research well before any buy/ sell.

Company have submitted the application to government for the imposition of anti dumping duty? Anyone with idea on how much time government generally take to check if anti-dumping should be applied?

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