Surya Roshni Limited has informed the Exchange regarding Investor Presentation February, 2020
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An ISIISO 9001, An IS/ISO 14001 & IS: 18001 Company
SURYA ROSHNI LIMITED
CIN • L31501HR1973PLC007543 2nd Floor, Padma Tower-1 . RaJendra Place, New Delhi-110 008 Ph.· +91-11-25810093-96, 47108000 Fax: +91-11-25789560 E-mail . cs@surya.in Website : www.surya.co.in
SRL/se/19-20/47 February 13, 2020
The Secretary The Stock Exchange, Mumbai New Trading Ring, 14th Floor, Rotunda Building, P.J.Towers, Dalal Street, Fort, MUMBAI-400 001 Scrip Code: 500336
The Manager (Listing Department) The National stock Exchange of India Ltd Exchange Plaza, 5th floor Plot No. C/ 1, G Block Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 NSE Symbol: SURY AROSNI
Re
:
INVESTOR PRESENTATION
Dear Sir,
In terms of Regulation 30 read with Para A of Schedule Ill and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copy of the "Investor presentation - February, 2020". Copy of the same is also being uploaded on the website of the Company at, http://www.surya.co.in
Kindly take the same in your records.
Thanking you,
Enclosed: as above.
• Regd. Office: Prakash Nagar, Sankhol, Bahadurgarh, Haryana -1 24507, Ph.: 01 276-241540-41
Surya Roshni Limited
Investors Presentation February 2020
Updated 9MFY20 Results
0
Contents
1
Company Overview
2
3
4
Steel Pipes & Strips
Lighting & Consumer Durables
Financial Highlights
5
Growth Drivers
6
7
Board of Directors and KMP’s
Client & Customers
1
Surya Roshni – Four Decade Strong Foundation
Established in 1973, SURYA
spearheaded the technological
revolution and evolved as one of the
fully integrated Steel Pipes & Strips
and Lighting & Consumer Durables
conglomerate
Strong brand and wide spread
distribution network
# 1 in India for manufacturing of ERW
GI Pipes
Largest exporter of ERW Pipes
# 2 in India for Lighting products
50 + Exports across countries globally
100 % Backward integrated
5 years + Association with over 50% of lighting distributors
2,500 + Distributors
2,50,000 Retail/Dealer outlets Strong Rural Base
FY 2018-19
Rs 59,750 million, 21% YoY ↑
Net Revenue
Rs 3,761 million, 8% YoY ↑
EBITDA
9M FY 2019-20
Rs 41,324 million
Net Revenue
Rs 2,665 million
EBITDA
2
Strong Core Values Driving Profitable Growth
Surya Parivar Principle-centric, Close-knit Family, Trust, Mutual Respect And Team Spirit
Profitable growth
Core Values
Integrity Moral Principles, Undivided Spirit. Reflects in Personal Lives, Financial Transactions and Business Deals.
Social Responsibility Eco-Friendly Products, Optimized Resources to Conserve the Environment.
Customer Satisfaction Customers - Guiding Stars Future Endeavours and Improvement.
Professionalism
Product Development
Productivity and Perfection
Performance Evaluation
Promotional Activities
Payback on Capex
3
With a PAN India Manufacturing Presence
Active across India
Steel Pipe & Strips Plants
Bahadurgarh (Haryana) 1973
Gwalior (Madhya Pradesh) 2010
Anjar (Gujarat) 2010
Hindupur (AP) 2017
Corporate Office Delhi
Lighting Plants
R &D Center (STIC) Noida
Kashipur (Uttarakhand) 1984
Malanpur (Gwalior) 1992
Branches
North Zone
East Zone
West and Central Zone
South Zone
4
Consistent Financial Performance – 5 Years
Net Revenue
Profit Before Tax
Profit After Tax
(INR in million)
59,750
49,312
38,835
28,571
29,642
1,561
1,725
1,080
1,208
618
541
868
631
1,176
863
FY15
FY16
FY17
FY18
FY19
FY15
FY16
FY17
FY18
FY19
Net Worth
9,509
10,473
11,519
6,350
6,915
Debt
9,476
8,950
10,709
10,974
11,915
FY15
FY16
FY17
FY18
FY19
FY15
FY16
FY17
FY18
FY19
Long Term Credit Rating improved from ‘A-’ to ‘A+’. Short Term Credit Rating at ‘A1’, CP ‘A1+’
5
Steel Pipes & Strips
Extensive Applications
6
Steel Pipes & Strips Business – leading by quality
Position and Brand
Company is the largest exporter of ERW Pipes and largest manufacturer of ERW GI pipes in India under Brand “PRAKASH SURYA”
Particulars
Turnover (Net of Taxes) (Rs. in million)
Value increase (in %)
Volume Growth (in %)
Plant Locations
Year of Establishment
Products
Exports
2017-18
35,545
36%
20%
2018-19
44,267
25%
10%
Bahadurgarh (Haryana)
1973
Gwalior (M.P.)
2010
Anjar (Gujarat)
2010
Hindupur (A.P)
2017
ERW Steel pipes (GI, Black, Hollow section), Spiral, API, 3LPE coated & CR sheets
More than 50 countries (UAE, Australia, Egypt, EU, Canada, US etc.)
Marketing Network
Over 250 Dealers and 21,000 Retailers (B2C - 70%)
Raw materials Suppliers
SAIL, JSW, Hindustan Zinc, Tata Steel, Essar Steel
Production Capacity
Posco, Angang, Sngang, Zaporzhstal, Hyundai, Benxi, Anchan
Particulars
Capacity (p.a)
ERW Pipes (including GI - 2,50,000 MT)
900,000 MT
Spiral (including offline – 1,40,000 MT)
200,000 MT
CR Sheets
3 LPE Coating
115,000 MT
External; 1,850,000 sq mtr, Internal; 1,100,000 sq. mtr.
Surya – the only co. in India to have 30” Pipe Galvanized facility
7
Steel Pipes & Strips Segment Performance Improvement
Pre - Merger
Post Merger - Surya Global, Anjar (Guj)
(INR in million)
Particulars
FY15
FY16
FY17
FY18
FY19
CAGR%
Sales Volume (Qty in MT)
368,286
427,833
615,376
738,943
812,050
22%
Net Revenue
17,076
16,536
26,049
35,545
44,267
27%
EBITDA
879
837
1,765
2,102
2,269
27%
PBT
-122
-98
370
644
743
42%
Net Worth
3,503
3,438
5,567
6,390
6,712
18%
Debt
5,063
5,455
7,393
7,750
7,862
12%
8
Steel Pipes & Strips – Offerings and Applications
Steel Pipes
Cold Rolled
GI (33%)
Black (24%)
Hollow Section (19%)
API & 3 LPE Coated and Spiral Pipes (11%)
CR Strips / Sheets (13%)
Applications
Applications
Applications
Applications
Agriculture Casing and tubing Hot and Water Plumbing pipe Green Houses Fire Fighting Street Light Poles GP Pipes Solar Panels Spur Lines
Construction Works Fabrication Powder Coating Sign Boards Industrial Application Scaffoldings Poles & Towers
Engineering & Architectural Structures Airport, Metros, Railways infrastructure Urban Development Electrical Poles/ Telecom Towers Solar Structure
Oil & Gas Pipelines Oil Well Casing City Gas Distribution Pipelines Plant Piping Water Pipelines – Mains Industrial water Lines Chilled water pipelines
Applications
Auto Components Electrical Motor Stamping Furniture & Fittings Domestic Appliances Drums and Barrels Cycle Rims Umbrella Tubes, Ribs Engineering Applications
Agriculture
Fire Fighting
Housing
Infrastructure
Urban
Railway
City Gas
Smart City
9
Strategically Located State-of-the-art Manufacturing Units
Anjar, Gujarat - ERW and Spiral
Est 2010
Hindupur, Andhra Pradesh
Est 2017
Spread across 92 Acres to target export markets;
Establish for manufacturing ERW (GI, Black, Section)
merged with the Company w.e.f. April 2016
pipes
Proximity to major Kandla and Mundra Ports gives
Proximity to premium market of South India –
strategic advantage in exports and imports
savings in logistic cost; eligible for tax incentives
Manufactures ERW and Spiral pipes (GI, Black,
under the A.P. State Policy
Section) and API Pipes with coating
Full utilization in first full year of operation (2018-
19), expansion during current year to 200,000 MTPA
To decentralized manufacturing units nearer to market place
10
Strategically Located State-of-the-art Manufacturing Units
Bahadurgarh (NCR – Delhi)
Est 1973
Gwalior (Madhya Pradesh)
Est 2010
Spread across 55 acres, close proximity to Bahadurgarh Metro Station and KMP ERW pipe plant established in 1973/ Cold Rolled (CR) Sheets plant established in 1991 Manufactures ERW pipes (GI, Black, Section), API Pipes for CGD. Serves NCR and North Indian market Continuous thrust on efficiency and cost reduction
Spread across 51 acres, centrally located, serving UP, MP, Rajasthan and Chhattisgarh markets Established for manufacturing ERW pipes (GI, Black, Section) Eligible for state industrial incentives upto 2025 Ample Infrastructure facilities for future expansions Expanding, with state of art technology, into range of Section Pipes to capture strong demand
Value-added products and cost efficiencies to drive future profitability
11
Recently Commissioned 3LPE Coating Manufacturing Unit
The 3LPE Coating Plant from SELMERS, Netherlands, in Anjar, Gujarat, fully operational.
Established track record, obtained accreditations, certifications of ISO 9001,14001 & 18001
Specialized API Pipe with 3LPE Coating, used in transportation of Petroleum & Natural Gas, City Gas Distribution and Water Pipelines
High growth area - special thrust from Government on building modern infrastructure with low cost transportation
Strong demand from CGD and Oil and Gas Sector
Over Rs. 350 crore order book under execution, facility is fully booked for next two quarters and expecting continuous flow of orders.
Savings in coating cost, Eligible for State Industrial Incentives. Higher capacity utilisation of the Spiral/ERW facilities
12
Leveraging Strong Brand and Distribution Network
Advertisement in Local print Media
The International Tube and Pipe Trade Fair, Germany, April 2018
TV Advertisement for Prakash Surya Steel Pipes
Selling with ‘Prakash Surya’ Brand across India via established Dealer and Distributor network.
Strong brand leadership, historical presence, channel reach across India with strong presence in Tier II and Rural India, relationship build over decades
Participation in events, dealer meets to engage channel partners
Use of media, local print to build brand franchisee
13
Oil and Gas Sector – API Pipes
Advantage India
Robust Demand
Rising Investment
Supportive FDI Guidelines
Policy Support
India is the world’s third largest energy consumer globally. Demand for primary energy in India is expected to increase threefold by 2035 to 1,516 million tonnes of oil.
The oil and gas industry is growing robustly and players are undertaking investments to cater to the burgeoning demand. Foreign Investor will have opportunities to invest in project worth US$ 300 billion in Oil and Gas sector
The government allowed 100% FDI in upstream and private sector refining projects.
Government has enacted various policies such as the OALP and CBM policy to encourage investments.
India will see an investment of USD 100 billion by 2024 in oil refining, pipelines, city gas distribution networks and LNG terminals.
14
City Gas Distribution – CGD
Financial Year 2018-19 was truly a revolutionary year for City Gas
Distribution (CGD) sector in India
Proposed investment after 9th and 10th round of bidding is about
INR 1.2 lacs crores
Massive expansion of CGD network is a part of Govt efforts to
raise the share of natural gas in the energy basket to 15% by
2030 from current 6.2%
Increase in the piped City Gas user: Piped cooking gas users in
India increased from 42 lacs in March 2018 to over 54 lacs till
September 1, 2019. Licenses awarded further would take this
number to 5 crore by 2030
PNGRB auctioned 228 Geographical Areas covering 406 districts
after 10th round of bidding, shall cover 70% of population.
CNG Station planned to be 10,000 by 2030 from 1769
CGD licenses awarded to IOCL, HPCL, Gujarat Gas, Adani Gas,
Bharat Gas amongst others
This should benefit ERW Steel Pipe Industry and more
particularly to Surya after installation of 3LPE coating facility
15
‘Nal Se Jal’ – Piped Water for All
India has 16% of world’s population and 15% of its livestock, while only 4% of water resources
Government thrust to provide piped water to all households by 2024, up from c18% at present. Massive challenge to add 150 mn households across 0.5 mn + villages over the next five years
Wide variation in water stress across region
Jal Shakti – A new ministry for unifying the water management functions
256 districts to ensure five important water conservation,
o Water conservation and rain water harvesting
o Renovation of traditional and other water bodies/ tanks
o Reuse and bore well recharge structures
o Watershed development and
o Intensive afforestation
Pipes – Major sector to get benefit – Cos engaged in GI, MS, HDPE, PVC, CPVC Pipes
o Main Pipelines – Connected from secondary source
o Sub Main Pipes – Connected from main pipelines
o Service/ branch pipes – Connected from sub-main for distribution to
households
Budget Allocation of INR 3.6 lacs crores over five years 2020 to 2024
Pipes will be @ 40% of the total investment, followed by EPC 25%, Water Management 25%, Pumps and Valves 10%
Major targeted states : Uttar Pradesh, Bihar, Rajasthan, Madhya Pradesh, Andhra Pradesh, Gujarat
16
Global Footprints
Dubai EXPO 2020
Qatar FIFA 2022
Dubai Frame
Ras Abu Aboud Stadium
Museum of Future
Lusail Iconic Stadium
Strong Export potential
Largest exporter of ERW Pipes and ERW Galvanized Steel Pipes (GI) from India, holds 60% share, targeting export of API Pipes
Exports to over 50 countries East, including Middle USA, Europe, Australia, Canada, Mexico, Ghana, Nigeria, among others
India's Export* (ERW GI & Black Pipes)
21%
Surya
8%
11%
60%
*Data Source: Nitva, 01.08.18-31.07.19
17
Lighting & Consumer Durables
18
Lighting & Consumer Durables Segment – Leading by Technology and Product innovation
Position and Brand
2nd Largest in Lighting – Marketing under brand “SURYA”
Particulars
Turnover (Net of Taxes) (Rs. in million)
LED Growth (%)
Plant / R&D Locations
Year of Establishment
Products
Exports
2017-18
13,833
45%
Kashipur (Uttarakhand)
1984
2018-19
15,534
36%
Gwalior (M.P)
1992
Noida NCR
2012
LED lights (Lamps, Street Lights, Down-lighters, Panels, Luminaires, etc.), Conventional lights (GLS, FTL, HID) and Fan & Home Appliances. Company ranked as 6th in the Fans Industry.
To more then 40 Countries including Middle East and U.K
Marketing Network
Over 2,500 Dealers and 2,50,000 Countrywide Retailers on PAN India
Raw materials Suppliers
Hindalco, Tata , Reliance, Nichia, Mitsui, Foshan Nationstar, Dongguan, Glass Bond, MLS.
Production Capacity (Per annum)
LED Bulbs
LED Street Lights
LED Tubes & Fittings
GLS
90 MN PCS
3.60 MN PCS
10 MN PCS
200 MN PCS
19
Offering Diverse Range of Fast Moving Electrical Goods LEDs
Lamps
Battens
Down Lighters
Luminaries
Fans
Home Appliances & Fittings
PVC (Pipes & Fittings)
Conventional Lighting
Revenue Split FY19 Lighting 72% LED – Conventional 28% Lighting 100%
Revenue Split FY19 Lighting & Consumer Durables Segment 83% Lighting – Consumer Durables 14% PVC 3% Total 100%
Consumer Durables
Conventional Lighting
20
World-class Facilities with Innovation-driven R&D Centre
Manufactures LED lights (Lamps, Street Lights, Downlighters and fittings) & Conventional Lights, filaments, PCBs & Drivers
Lighting Glass Plant, manufacturing LED lights (lamps, street lights, decorative lighting ) and conventional lights (GLS, FTL), Caps, PCBs, Drivers, etc
Kashipur
Gwalior
R&D – To drive the change towards Smart Lighting Surya Technology & Innovation Centre (STIC) - duly approved by DSIR and NABL at Noida - was established in 2011 with a focus on development of LED Lighting products.
21
Lighting Business – at a glance
Transition to LED Lighting in the Industry
Consistent growth in LED Lighting in volumes, steep
price correction, CFL phased out and FTL to follow
Consolidation in LED to benefit large players
Sales to EESL witnessed deferment, focusing on direct
sales
Surya ventured into LED Façade, Solar Lighting Products
and Smart LED Lighting
Executing orders for Ahmedabad, Vadodra Railway
Station, Leh Palace, Delhi Street Light, Renowned Retail
Chains etc.
SURYA’s Strength
India’s 2nd largest lighting products company,
LEDs now constitutes 75% of total lighting
Completely backward integrated
Strong B2C presence in India with rural focus,
major presence in B2B
EESL – Out of 10.8 mn Street Lights installed
under SLNP in India, Surya supplied 25%,
Ujala - aims to replace 770 mn inefficient bulbs,
361 mn already distributed, 11% by Surya and
out of 7.2 million LED Tube Lights, Surya
contributed 40%
22
Fan and Home Appliances Business
Entered into the Fan business in FY 2014
Ventured into Domestic Appliances business in
Gained No. 6 slot in the Fan market
Provides wide categories of premium
decorative and colourful range of ceiling, table,
pedestal, wall mounting fans and exhaust fans
Launched Anti Dust and other new designs of
energy efficient fans
FY 2015
Provides feature rich, contemporary range of
Water Heaters, Room Coolers
Domestic Appliances like Room Heaters,
OFR, Dry Irons, Steam Irons and Immersion
Heater, mixer grinders
Kitchen Appliances, Cooktops, hand
bladder
23
PVC Pipes – Offering Sizeable Business Opportunities
28% Revenue Growth in FY19, Rs. 481 mn as compared to Rs. 377 mn in FY18
Applications: Water Management, Infrastructure, Housing Sector, Agriculture & Irrigation System, Domestic And Industrial Drainage System – Cold/ Hot Water Plumbing, Industrial Process Lines, Swimming Pool, Salt Water Lines etc
Leverage existing distribution network
Expanding product range with in-house manufacturing unit at Kashipur
Capacity Expanded by 3,000 MTPA in May 2019, reaching upto 8,200 MTPA to augment stronger growth
Sizeable business opportunity with Strong Brand of ‘Prakash Surya’ and Distribution Network
24
CPVC | uPVC | AGRI | SWR | COLUMN PIPES & FITTINGS
Distribution Strength – PAN India reach
• Rural based distribution network, one of the largest in
•
•
•
•
industry
2,50,000 Retail Outlets
Strong dealer relations (50% of B2C distributors have more than 5 years of association)
Transparent and attractive polices, schemes, incentives and foreign tours
Secondary Network of 300+ RTF & 2,500+ DSPs supports primary network and promotes effective communication with the market, engagement activities with electricians and architects
• Complete product range, strong R&D and quality management teams to develop in-house solutions for specific micro markets and resolve issues timely
• Decentralised branch / depot network system - quick
logistical movements, prompt delivery, customer feedback and satisfaction
Metro Cities, 16%
Tier II, 32%
East 18%
West 25%
Revenue by Marketing FY19
Rural, 52%
Revenue by Region FY19
Leader in various states such as AP, Telangana MP, Chhattisgarh, Uttar Pradesh and Jharkhand
Second in Karnataka, Delhi, Maharashtra, Bihar, Rajasthan and Uttaranchal, among others
South 29%
North 28%
25
Enhancing Brand Visibility
Principal Sponsor Rajasthan Royals, IPL 2019
Light India Show 2018, New Delhi
Dealer Conference, Singapore Cruise
Scan to view the AD
TV Advertisement, ‘Golmal Again’ Hindi Movie
Surya Water Heater – TV Advertisement
Surya Fans Print Add with celebrity
Scan to view the AD
Scan to view the AD
26
Future Positive Trends
Growth factors:
Indian Lighting Industry grew massively in LED lighting with major drop in conventional lighting, estimated to touch USD 5 billion, multifold growth in next 5 years. With 100 Smart Cities underway, India moving towards Futuristic Smart Intelligent Lighting. State Govts to focus on independent projects.
Surya’s Strategy:
With strong focus on expanding LED product range for both B2C and B2B, Surya works towards improving productivity, automation and cost rationalization. Ventured into LED Façade & Solar Lighting Products. GTM approach strategy for mapping of market, Sales force automation
Surya Lighting - Kumbh Mela
Solar
Futuristic Intelligent Smart Lighting
Surya Lighting – Kolkata Airport
27
Financials
28
Key Financial Performance FY2018-19
Company as a whole Company as a whole Company as a whole
(INR in million)
Net Revenue
Up 21%
59,750
3,486
49,312
EBITDA
Up 8%
3,761
PBT
Up 10%
1,725
1,561
PAT
Up 12%
1,208
1,080
FY18
FY19
FY18
FY19
FY18
FY19
FY18
FY19
Steel Pipes & Strips Steel Pipes & Strips Steel Pipes & Strips
Lighting & Consumer Durables Lighting & Consumer Durables
Net Revenue
Up 25%
44,267
PBT
Up 15%
743
35,545
644
Net Revenue
Up 12%
15,534
13,833
PBT
Up 7%
982
917
FY18
FY19
FY18
FY19
FY18
FY19
FY18
FY19
FY19 (Consolidated) includes the financials of WOS established for Odisha Street Lighting Project
29
Key Financial Performance – Debt-Equity. ROE%. ROCE%
Company as a whole
Steel Pipes & Strips
Lighting & Consumer Durables
Debt
Net Worth
Debt
Net Worth
Debt
Net Worth
(INR in million)
10,473
11,519
10,974
11,915
6,390
7,750
6,712
7,862
FY18
FY19
FY18
FY19
4,083
3,224
FY18
4,807
4,053
FY19
ROE% ROCE%
ROE% ROCE%
ROE% ROCE%
10.8%
11.0%
12.5%
12.8%
7.6%
7.3%
11.2%
10.6%
15.6%
16.5%
16.2%
15.6%
ROE%
ROCE%
FY18
FY19
ROE%
ROCE%
ROE%
ROCE%
FY18
FY19
FY18
FY19
30
Key Financial Performance – 9MFY20
Company as a whole
Steel Pipes & Strips
Lighting & Consumer Durables
Net Revenue
Net Revenue
42,706
41,324
31,940
31,940
(INR in million)
Net Revenue
10,792
9,445
9MFY19
9MFY20
9MFY19
9MFY20
9MFY19
9MFY20
EBITDA
2,563
2,665
EBITDA
1,545
1,895
1,018
EBITDA
770
9MFY19
9MFY20
9MFY19
9MFY20
9MFY19
9MFY20
31
Key Performance – 9MFY20
Surya, aggressively advertising on TV for its Steel Pipes after being one of the principal sponsor of
Rajasthan Royals IPL 2019 team
Adopted lower income tax rates for the Financial year 2019-20
Steel Pipes & Strips Segment
Strengthening product portfolio with higher contribution from value added products viz API &
Spiral, GI Pipes. Improving the profitability of the segment
12% volume growth, EBITDA grew by 23%. During Q3FY20 EBITDA per ton improved to Rs. 3,433 as
compare to Rs. 2,879 in Q3FY19. During 9M FY20 EBITDA per ton improved to Rs. 3,182 as compare
to Rs. 2,904 in 9MFY19.
The segment witnessed improvement in all the divisions including trade, exports and API Pipes.
Lighting & Consumer Durables Segment
Witnessed 3% growth excluding sales of EESL and Conventional Lighting. Sales to EESL witnessed
deferment, declined from Rs. 1,921 mn in 9MFY19 to Rs. 900 mn in 9MFY20.
The conventional lighting de grew by 20% in 9MFY20.
The higher operating cash flow of the segment has resulted into debt reduction in the company.
32
Strategic thrust and priorities
Constant thrust on Value added and Quality products in both the segment, resulting in better
product mix with high margins, generate higher returns
Participate in the tenders for Oil & Gas as well as CGD and Water to attain maximum utilization of
API pipe/ 3LPE coating facility
Rationalising overheads, operational efficiency by modernization, de-bottlenecking and adopting
state-of-the-art technology and disciplined approach on Capex.
Increasing spent on advertisement and publicity on all the media in both the segments
Move up the value chain, ventured into LED Façade and Solar Lighting products. LBG division
getting orders for Smart City, Railway Stations, Flyovers, bridges, temples, Monuments and
Tourists spots lighting.
Increase reach in metros and launching of premium categories of quality products
Strengthen engagements with marquee customers through accreditation, improvement on cost
effective product mix and timely deliveries
Aim to receive project approvals across product categories in both the divisions
Strengthen capital efficiency through channel financing arrangement for dealers (without
recourse), Working Capital Management and thrust on ROCE and ROE improvement
33
Chairman & Board of Directors
Shri J. P. Agarwal Executive Chairman
Shri Raju Bista Managing Director
Smt Urmil Agarwal Director
Shri Vinay Surya Whole Time Director
Awarded with ‘Padma Shree’. He is the driving force behind creating Surya as one of the most reputed, trusted and successful Company in both business verticals viz. Steel Pipe & Strips and Lighting & Consumer Durables.
Young, Dynamic with 33 years of age, has been the growth engine for the Company. His discipline, dedication and visionary power has helped in achieving the overall development of the Company. He is President of ELCOMA. He is also the Member of Parliament.
Woman director of the Company, having sound business acumen & understanding of both the businesses of the Company.
Possess vast experience of over 21 years in Marketing, Export, Commercial, Financial & Operational field. He has done an M.B.A. from Swinburn University, Australia.
34
Key Managerial Personnel's (KMPs)
Shri R.N. Maloo Executive Director & Group CFO
A qualified CA with 33 years experience in Corporate Affairs, Finance, Commercial & Taxation. He held CFO positions in renowned companies and also in CA practice as partner with M/s Kalani & Co, Jaipur.
Shri Tarun Baldua CEO – Steel Operations
A qualified Chartered Accountant with 34 years of experience in Commercial, Operations and Administration of various businesses across industries.
Shri Ramanjit Singh CEO – Lighting Operations
A qualified MBA- operation with 34 years of experience in Operational and served on the post of Sr. Director at Philips India. He led multiple initiatives to accelerate innovation & growth in lighting industry.
Shri B.B. Singal Sr. V. P. & Company Secretary
A qualified CA, Company Secretary and Cost Accountant having a rich experience of over 24 years in Secretarial Function, Corporate Laws, Accounts, Direct Tax & Investor Relationship.
35
Board of Directors
Shri T.S. Bhattacharya Ex-MD of SBI has an illustrious professional career
Shri Ravinder Kumar Narang - Ex-Chairman of IOCL with vast experience in the field of Operations, Project Development & Marketing Network.
Shri K.K. Narula Ex-Chief General Manager from SBI Chandigarh (LHO). He is also the Chairman of the Audit Committee.
Shri S S Khurana Ex-Chairman of Railway Board and Ex-officio Principal Secretary to Government of India.
Shri S K Awasthi Ex-Managing Director of PNB Capital, worked in various Senior Level Positions
Shri Sunil Sikka A post graduate in Management (FMS Delhi) and an Ex-President of Havells (India) Limited & ELCOMA. During his tenure, he led multiple initiatives to accelerate growth in marketing of consumer electrical and lighting in India
Shri Kaustubh N Karmarkar – Whole time Director, with vast experience of over 21 years in the field of Management & Human Resources and Planning
36
Clients & Customers
37
Disclaimer
This presentation does not constitute an offer from Surya Roshni Limited to any party and the information contained
herein will not form the basis of any contract. Neither Surya Roshni Limited nor any of its shareholders, directors,
employees, agents or representatives makes any warranty or representation as to the accuracy or completeness of the
information contained herein. This presentation contains map for better understanding of reader for reference purpose
only. The representation of political boundaries and names do not necessarily reflects the actual position.
This Presentation contains forward-looking statements about the business, financial performance, skills, and prospects
of the Company. Statements about the plans, intentions, expectations, beliefs, estimates, predictions or similar
expressions for future are forward-looking statements, which should be viewed in context of many risk issues and events
that could cause the actual performance to be different from that contemplated in this Investor Presentation but not
limited to, the impact of changes in oil, steel prices worldwide, exchange rates, technological obsolescence and
domestic, economic & political conditions. We cannot assure that outcome of this forward looking statements will be
realized. The Company disclaims any duty to update the information given in the presentation.
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Thank You
Surya Roshni Limited
Regd. Office Prakash Nagar, Sankhol Bahadurgarh Distt. Jhajjar, Haryana: 124 507 CIN: L31501HR1973PLC007543
Padma Tower - 1, Rajendra Place, New Delhi - 110008 (INDIA)
Corporate Office
Ph: +91-11 47108000 Fax no: +91-11 25789560
Website www.surya.co.in
Contact Detail Sushil Singhal: +91 9871179555 Tarun Goel: +91 9810248348
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