Signet Industries Limited has informed the Exchange about Investor Presentation

To, The Secretary National Stock Exchange of Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai-400051

India

To, The Corporate Relationship Department Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001

Dated: 16th August, 2023

Ref: SIGNET INDUSTRIES LIMITED (ISIN: INE529F01035) BSE Scrip Code: 512131, NSE

Symbol: SIGIND

Sub.:‐Investor Presentation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation which is also being uploaded on the website of the Company. Kindly take note of the above.

Thanking you

Yours faithfully For Signet Industries Limited

Preeti Singh Company Secretary M.No A26118

SIGNET INDUSTRIES LIMITED

Investor Presentation Q1FY2024

1

DISCLAIMER

This information may contain certain forward-looking statements/details in the current scenario, which is

extremely dynamic and increasingly fraught with risks and uncertainties. Actual results, performances,

achievements or sequence of events may be materially different from the views expressed herein.

Investors/shareholders/public are hence cautioned not to place undue reliance on these statements/details,

and are advised to conduct their own investigation and analysis of the information contained or referred to in

this section before taking any action with regard to their own specific objectives. Further, the discussion

following here in reflects the perceptions on major issues as on date and the opinions expressed here are

subject to change without notice. The Company undertakes no obligation to publicly update or revise any of

the opinions or forward-looking statements expressed in this section, consequent to new information, future

events or otherwise.

2

Company Overview

− Signet Industries is a diversified company engaged in manufacturing of

plastic products and wholesale trade of chemicals and plastics

− The Company’s manufacturing segment is engaged in manufacturing of

irrigation and plastic products

− The Company trades in products like PVC Resins, Polyolefins, PET Resins

and Plasticizers

− Signet has wind power generation units in the state of Maharashtra and

Rajasthan

•

•

•

•

TRADING

PVC Resin

Polyolefin • HDPE • LLDPE

•

PP

PET Resin

Plasticizer’s • DOP • DBP

3 2 Y F

MANUFACTURING

REVENUE ₹1017.69 cr

EBITDA ₹72.38 cr

PAT ₹13.16 cr

Micro irrigation system

HDPE Sprinkle Pipe, HDPE Pipes & Cable Duct

PVC Pipes & Fittings

Spray Pumps

Crates

Ghamela

Moulded Furniture

5

The Enterprising Journey So Far

1994-2000 Distribution of DCW’s PVC resins and imported Poly- olefins. Added Reliance as client in 1996 & HPL IN 2000

2007-2010 Expanded injection moulding for household/lifestyle products in 2007. And in 2010 started injection moulding for furniture & first pilot project for Drip irrigation with 1line

1986-1991 Incorporated in 1985 & listed on BSE. It started trading of LDPE manufactured by Oswal Petrochemicals Ltd.

2002-2005 Set up 1st reprocess unit in 2002. 1st pilot project of injection moulding in 2005

2011-2013 Started work on mega project at Pithampur for drip irrigation/HDPE & PVC pipes. Completed the project in record 6 months time. In 2012 started registration in APMIP & GGRC of various states

2014-2016 Expanded dealer networks. Expanded PVC line for infrastructure projects. In 2016 expanded HDPE facility for irrigation & infrastructure NSE listing in March ‘2015. Production of 300-500mm large diameter pipes

2017-2018 Entered CPVC pipes & fitting segment. Expanded PVC fitting range. Expansion of HDPE & Drip irrigation capacity. Launched diameter fitting plant for HDPE pipes

6

Our Business Segment and Product

IRRIGATION PRODUCTS

AGRICULTURE PRODUCTS

• Flat Emitting Pipes • Round Emitting Pipes • Online Drip Systems • MIS Accessories • •

Sprinkler Irrigation Systems Project implementation & Services

POLYMER TRADING • Pet Resins • PVC Resins • HDPE Granules • LLPD Granules • PP Granules • LDPE Granules • LLDPE Granules

• RPVC Pipe & Fittings • Casing Pipe • HDPE Pipes • Column Pipes • Rain Pipes •

Spray Pumps, Ghamelas, Milk Canes, Crates etc.

INFRASTRUCTURE PRODUCTS • UPVC Pipe & Fittings • CPVC Pipe & Fittings • SWR Pipe & Fittings • Construction Ghamelas • Air duet & Telephone Pipes • Ducting Pipe • DCW Pipe

7

MANUFACTURING

8

Micro Irrigation

A D V A N T A G E S A N D D Y N A M I C S

30-70% Savings in Water

20-25% Savings in Electricity

20-30% Savings in Labour

20-30% Savings of fertilizers

80% Increase in Crop Yield

40-60% Increase in Net Annual Income

in Agriculture

Micro Irrigation technology plays a vital role in increasing saving water and productivity through effective utilization of every drop of water

− Increase in production & productivity − Improves quality & ensure early maturity of the crops − Fertigation and Chemigation save costs, increase efficacy − Control diseases − Use of saline water − Suitable for undulating land − High water use efficiency − Soil erosion is eliminated

Response of Different Crops to Micro Irrigation Systems

WATER SAVINGS (%) 45 68 68 56 48 40 45 50 61 42 66

CROPS Banana Cauliflower Chilly Cucumber Grapes Ground nut Pomegranate Sugarcane Sweet lime Tomato Watermelon

INCREASE IN YIELD (%)

52 70 28 48 23 152 45 99 50 60 19

9

Extensive Range of MIS Products

PRODUCTS

Flatsil Integral Dripline

Golsil Integral Dripline

Silonline Drippers

Plain Lateral

Fertilizer Tank

Plastic Disc / Screen Filter

Ventury Injector

Metal Disc Screen Filter

Control Valves

Sand Media Filter

Other Valves

Hydro Cyclone Filter

Drip Poly Fitting

Our Formidable Reach & Presence

Our Plant

Our Offices

Our Depots

10

Agri and Infrastructure Segment

Sprinkler Irrigation System

HDPE Pipes

HDPE Cable Duct

ADVANTAGE

APPLICATIONS

•

• •

•

•

•

Chemically inert, and suitable to use liquid fertilizers and pesticides Corrosion resistant, flexible and tough; Protection from sunrays, as pipes are UV Stabilized Strong, durable and cost effective

•

• • •

corrosion and

Excellent resistance High flow characteristics Good abrasion resistance Smooth frictional losses

inner walls minimizes

chemical

Field Crops: Wheat, Gram, Pulses, Vegetables, Cotton, Soya Bean, Tea , Coffee and other fodder crops.

Applications:

Other Residential, Industrial, Hotel, Resorts, Public, Government Enterprises, Golf Courses, Race Courses.

For Agriculture Use: Sprinkler irrigation system, Lift irrigation plan, Drip irrigation

For Industrial Use: Sewage and drainage system, Air conditioning and ducting, Dumping radioactive waste, Discharge of saline water, Discharge of chilled water, Discharge of edible oil, fruit juice and pulp milk and other edible products and Discharge of acid, bases and alkaline chemical solution

•

•

•

Low co-efficient of friction for easy, safe and fast installation by high speed air blowing without damage to duct. Reduced cost of installation and repair or upgrades Provides an alternative to HSAB of cable

Telecommunication, Computer Network,

Automatic Signalling, Railways Information

Network, Highways Cable service provider,

Broad Band Networks, Electric Cable

Installation, etc.

11

Manufacturing Segment – Revenue Mix

3% O T H E R M A N U F A C T U R E D G O O D S

74% I R R I G A T I O N

23% I N F R A S T R U C T U R E

Revenue Mix

12

Polymer Trading Business

13

Polymer Import & Distribution Business

Product

Principal/Vendor

PVC Resin

Imports/DCW Ltd

Polyolefin • HDPE • LLDPE • pp

Imported & locally produced

PET Resin

Reliance Industries

One of the leading players in distribution of Polymers in Central India

Sole distributor for Leading manufacturers of Polymer products

Importing PVC resin and CPVC Compounds from world-renowned suppliers Base II International | NCT | LG Chet | Maru Bani | Formosa Plastics | Sasol

14

Strategically Located Plant in Central India - Indore

− Total land area of 16.5 acres with constructed area of

plant machinery and utilized is only 60%

− Latest technology/know-how from Switzerland, Israel

and USA

− With Millefleur and DRTS machines

PLANT CAPACITY

− HDPE 3000 tons per month

− Drip 700 tons per month

− PVC pipes 2200 tons per month

− Injection molding 400 tons per month

− Blow molding 50 tons per month

15

Investment Rationale

Backward and forward integration strategy

Nil industry legacy issues

Experienced Promoter & Team

State of the art manufacturing plant

 Bringing down manufacturing costs and ability to charge premium for brand– Saurabh Shaktiman

 Absence of issues related to long outstanding, unpaid government subsidies or working capital

inefficiencies

 Hands on promoter focus having more than four decades experience in the field of plastics and

Agro-Industries with due support from professional management team

 State of the art automated manufacturing plant meeting global standards – quality first approach

Dealership Network

 Growing dealership network across key states in India

Cash & carry model

 Pioneer in sales scheme development - cash & carry model for farmers with no access to subsidy

Robust supply chain

End to end solution provider

 Among the top 4 players to have created robust and complex supply chain across India

 End to end solution for drip irrigation from project design to implementation and after sales

service

16

Financials

17

Financial Performance - Snapshots

Net Sales (₹ crore)

PBT (₹ crore)

975.9

882.8

827.0

877.26

1017.68

22

17.14

19.1

11.69

11.7

FY19

FY20

FY21

FY22

FY23

FY19

FY20

FY21

FY22

FY23

4.7

3.9

EPS (₹) 4.6

4.3

2.7

PAT (₹ crore)

14.7

13.72

11.79

13.16

8.38

FY19

FY20

FY21

FY22

FY23

FY19

FY20

FY21

FY22

FY23

18

Financial Performance - Snapshots

Net Sales (₹ crore)

EBITDA (₹ crore)

219

289

22

28

Q1FY23

Q1FY24

Q1FY23

Q1FY24

PAT (₹ crore)

32

EPS (₹)

0.96

15

0.38

Q1FY23

Q1FY24

Q1FY23

Q1FY24

19

Key Financials- P&L Accounts

₹ in lacs

Net Sales

Raw Material

Employee Cost

Other Expenses

Total Expenditure

EBITDA

EBITDA (%)

Other Income

Interest

Depreciation

PBT

Tax

Def Tax

Net Profit

Q1FY24

28881.90

13450.82

724.35

2452.89

28503.02

1871.13

47.59

1203.72

240.94

426.47

-136.93

30.10

320.04

Q1FY23

21913.53

11002.91

686.70

1742.58

21728.10

1570.55

31.19

1136.28

217.65

216.62

-101.63

32.45

147.44

QoQ Change%

31.80

22.25

5.48

40.76

31.18

19.14

52.58

5.94

10.70

96.87

34.73

-7.24

117.06

20

Strategy

MIS

Capacity increase by 25% through debottlenecking cost of ₹ 1.5 cr. Taking production to 9-10 lakh mtr p.d. Entry to new states. Improvement in inventory management

Introduction of high margin products. Increase in capacity to 13000 tons @ ₹ 3 cr giving revenue potential of ₹ 130 cr additional. HDPE solid wall pipes with investment of ₹ 14cr

DWC

PVC & CPVC

Pipe fitting for PVC & CPVC. High margins products with high automation plant

Through it helps to de-risk the R/M dependence. Being non-focused area, it will remain stagnant

Trading

21

Thank You

For more information please contact xxx