TTB - SRF, Ltd

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SRF
An Introduction
Our pride associations
 A winner of the prestigious Deming Application Prize
 A legacy of more than 100 years – lineage of Sir Shri Ram & Dr. Bharat Ram
 Chairman – Mr. Arun Bharat Ram, former President of CII
 Promoters of The Lady Shri Ram College & The Shri Ram School
Chairman
Mr. Arun Bharat Ram
Deming Application Prize
The Lady Shri Ram College
2
SRF – at a glance
A multi-business manufacturing entity
Industrial intermediates
India, Thailand, UAE and South Africa
12 (nine in India)
Rs. 3400 crore (761 million USD)
5500 globally
75 countries
3
Our business profile
SRF
TTB
CB
PFB
EPB
P-R&D
TTB
– Technical Textiles Business
CB
– Chemicals Business
PFB
– Packaging Films Business
EPB
– Engineering Plastics Business
P-R&D – Projects & R&D
4
Present in four countries
Bhiwadi
Pantnagar
Kashipur
Gwalior
Dubai Dahej
Indore
Thailand
Trichy
Thailand
Business
TTB
CB
PFB
Manali
Port Elizabeth
Gummidipoondi
EPB
5
Corporate leadership team
Mr. Arun Bharat Ram
Chairman
Mr. Ashish Bharat Ram
Mr. Kartikeya Bharat Ram
Managing Director
Dy Managing Director
Mr. Rajdeep Anand
President & CEO (Projects & R&D)
Mr. Sushil Kapoor
President & CEO (TTB)
Mr. Roop Salotra
President & CEO (CB & PFB)
Mr. Suresh Dutt Tripathi
Mr. Rajendra Prasad
President (Corporate HR)
President & CFO
6
Our aspiration
We aspire to achieve global leadership by
continuously enhancing organizational and
people capability, developing innovative products
and processes that satisfy customers and
attaining challenging benchmarks in productivity.
7
Our journey…
1995
Packaging Films
1990
Shri Ram Fibres renamed as SRF
1989
Refrigerants
1986
Coated Fabrics
1983
Belting Fabrics
1979
Engineering Plastics
1977
Fishnet Twines
1974
Nylon Tyre Cord
1970
Incorporation of Shri Ram Fibres
8
2009
SRF purchases two businesses of
SRF Polymers - EPB and IYB
2008
Industex Technical Textiles (Pty) Ltd
- belting fabrics, South Africa
2008
Thai Baroda Industries Ltd. (TBIL)
– nylon tyre cord, Thailand
2000
Dupont Plant - nylon tyre cord
Gummidipoondi, Chennai
1995
Ceat Plant - nylon tyre cord
Gwalior
Miles to go…
2 acquisitions in India, 2 overseas
9
Market leadership – our standing
Belting fabrics
Global No. 2
Nylon 6 tyre cord fabric
Global No. 2
Tyre cord
Domestic Market Leader
Refrigerants
Domestic Market Leader
Belting fabrics
Domestic Market Leader
Fishnet
Domestic Market Leader
Packaging Films
Domestic No. 2
10
SRF Consolidated - financials
Sales
EBIDTA
Profit Before Tax
28
34
72
109
106
154
49
43
80
61
168
221
399
420
557
761
(in US$m )
Profit After Tax
11
SRF Financials – Key Ratios
Ratio: Debt/Equity - Debt/EBIDTA
4.00
3.50
3.42
3.00
2.50
2.00
1.62
1.50
1.00
0.50
1.24
0.89
0.63
1.37
0.89
0.59
0.99
0.63
2006-07
2007-08
2008-09
Debt/Equity
2009-10
2010-11
Debt / EBIDTA
12
SRF Financials – Key Ratios
Financials: Dividend Payout Ratio
60%
52%
50%
40%
30%
20%
31%
29%
20%
16%
10%
0%
2006-07
2007-08
2008-09
2009-10
2010-11
Dividend Payout Ratio
13
SRF Financials – Key Ratios
Earning Per Share
90.00
80.00
70.00
60.00
50.00
40.00
30.00
20.00
10.00
-
80.03
53.62
43.65
19.84
2006-07
2007-08
22.08
2008-09
2009-10
2010-11
EPS
14
Touching your life everyday
Industrial
Yarn
Packaging
Films
Refrigerants
Tyre Cords
Engineering
Plastics
15
Product range
TTB
Tyre Cords
CB
Refrigerants
PFB
PET Films
EPB
Engg. Plastics
Coated Fabrics
Chloromethanes
Holographic Films
Belting Fabrics
Fluorospecialities
Metallised Films
Industrial Yarns
16
Diverse applications
TTB
CB
PFB
EPB
17
Creating value through R&D…
Proven capability in ‘process development to commercialisation’
 Wide range of field of research - from nano technology to new-age
processes and product development
 Developed indigenous technology for production of HFC 134a
 Holds process patent for HFC-32 by the US Patent & Trademark Office
 Filed 12 patents for different processes…many more in pipeline
18
Technology driven company…
R&D, an integral component of business strategy

dedicated R&D centres for core businesses

equipped with state-of-the-art equipment

a pool of qualified & experienced scientists and engineers
(drawn from India’s premier academic institutes)

collaborating with a number of global innovators

engaged in developing cutting edge technologies
19
Building capabilities…
Built around people, processes and systems
 Creating the right environment – well-being, fun, excitement
 Overall development – challenging assignments, focus on
competency building and domain expertise
 Unleashing potential – Learning, Education & Training
20
… TQM - the SRF way
Businesses united through a common management system
Our work ethos - ‘People satisfy customers efficiently’
- Build Quality into the process
- Focus on ‘continuous improvement’
- People participation through systematic approaches
- Robust planning and execution
21
Invested Rs. 1250 cr in last 4 years
2007
2nd Compounding Unit plant (Pantnagar) - EPB
2008
15 MW Wind Power Farm - TTB
2009
Polyester Industrial Yarn - TTB
2009
2nd line of BOPET Film - PFB
2010
PET Polymerisation Plant - PFB
2010
Laminated Fabric Project - TTB
22
Ongoing projects - Rs. 1500 cr
At Dahej Chemical Complex in Gujarat
• Second HFC-134a plant
• Flexible Multipurpose Plant
• Mutipurpose Chemical Plant
• Intermediate Speciality Plant and
• Captive Power Plant
At Gummidipoondi in Tamil Nadu
• Capacity Enhancement of Coated Fabrics
Two new overseas units
• Greenfield unit to manufacture BOPP films – South Africa
• Joint Venture to manufacture BOPET films - Bangladesh
23
Leading the way…
 The only tyre cord company outside Japan to have won the
prestigious Deming Application Prize
 The first to introduce Spin Draw and Converter Dipping in tyre cord
business in India
 The only company in India to have ventured into manufacturing
Polyester Industrial Yarn/ Fabric for radial tyres
 The only company in India to have developed technology to
manufacture HFC-134a, a new generation refrigerant
 The first in India to commercially launch 8µ Polyester film
 The first in India to start polymer compounding
 The first company in India to give stock options to all its employees
including non management staff
24
Business benchmarks - snapshots
 Pioneered replacement of rayon with Nylon 6 tyre cord
TTB
 Pioneered replacement of cotton with Nylon 6 in bicycles
 Entire range of textile reinforcement
 The only Indian manufacturer of HFC 134a
CB
 Leading exporter of refrigerants from India
 Partnering with leading international agro & pharma Cos.
PFB
EPB
 Facilities for metallization and holography
 Caters to the leading FMCG companies of India
 More than 150 grades of engineering plastics
25
Awards & recognitions
2005
Responsible Care Logo
2006
Greentech Safety Platinum Award
2007
Greentech Environment Excellence Platinum Award
2009
ILO Recognition for creating awareness on HIV / AIDS
Deming Application Prize
2004 – Tyre Cord Business
CII-ITC Sustainability Award
2008 – Strong Commitment
2009 – Significant Achievement
26
Community partnerships
Focus areas
 Education
 Health Care - HIV AIDS
 Natural Resource Management
 Affirmative Actions
27
SRF Foundation
Advocating quality education
Rural Education Programme
- Adopted 40 schools in Mewat district, Haryana
- Impacting lives of 16000 children
Shri Sambandh
- Academic Consultancy Services
Vocational Educational & Trg Prg
- Adopted 40 schools in Mewat district, Haryana
- Impacting lives of 16000 children
Enhancing Early Education Programme
- Running nursery teachers’ training programme
The Shri Ram Schools Ranked
- Amongst the best Day Schools in India
28
We believe in
sustainable growth
through ‘total excellence’
29
Thank You
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