ANNUAL GENERAL MEETING 31 st July 2019
Annual General Meeting 2019 Disclaimer The communication may contain statements relating to future business developments, company’s performance and economic performance that may constitute ‘forward looking statements’ . While these forward looking statements represent the company’s judgments and future expectations, a number of factors could cause actual developments and results to differ materially from expectations. The company undertakes no obligation to publicly revise any forward-looking statements to reflect future events or circumstances. ANNUAL GENERAL MEETING 2019
Carborundum Universal Limited ABRASIVES ELECTRO MINERALS INDUSTRIAL CERAMICS SUPER REFRACTORIES ANNUAL GENERAL MEETING 2019
CUMI’s Inception Acquired a coated Incorporated as a joint Universal Carborundum Grinding abrasives facility from Ajax venture in 1954 between USA Wheel ,UK Products Pvt Ltd. Carborundum Company USA, Universal Grinding Wheel Bonded abrasives facility Company, UK and the set up in Chennai India Murugappa, India Business activity - manufacture of Coated Abrasives, Bonded Abrasive, Super- Refractories, Electro-Minerals, Industrial 28 manufacturing locations across India, South Africa, Ceramics, and Ceramic Fibers Russia, Australia & China Exports its products globally All the manufacturing facilities of Carborundum Over 20000 varieties of Products Universal are ISO 9001:2000 and ISO 14001 Certified Incorporated on April 21, 1954 ANNUAL GENERAL MEETING 2019
CUMI Business Portfolio – FY19 Abrasives Share of Share of Sales PBIT Revenue : Rs 11.4 bn EBIT : Rs 1.5 bn Capital Employed : Rs 5.4 bn Electr o Electro Abras Abrasives Ceramics Miner Minerals ives 43% als 32% 39% Revenue : Rs 5.9 bn 35% EBIT : Rs 1.1 bn Ceramics Ceramics 22% 29% Capital Employed : Rs 4.0 bn Electro Minerals Revenue : Rs 26.5 bn Revenue : Rs 9.2 bn CUMI FY -19 EBIT : Rs 3.8 bn EBIT : Rs 1.2 bn Projected Capital Employed : Rs 15.1 bn Capital Employed : Rs 5.7 bn ANNUAL GENERAL MEETING 2019
CUMI is essentially a Material Science Company Exploit Abrasive, Wear, Heat Containment, Insulation, Corrosion Resistance, and other properties of materials. Major emerging opportunities: Aerospace – like SiC / SiC fibre Bio Materials. AI related materials Energy storage materials – Graphite, Graphene, Li Industry 4.0 – sensors, IOT CUMI Business = Industrial Consumables + Industrial Durables + New Materials ANNUAL GENERAL MEETING 2019
Where Do We Sell? India ~ 50% Europe (Incl. Russia) ~ 24% Americas ~ 10% Asia Pacific ~ 10% ME & Africa ~ 2% Australia ~ 4% ANNUAL GENERAL MEETING 2019
Abrasives Engineering Precision Surfaces
Abrasives – Engineering Surfaces INDUSTRIES SERVED ANNUAL GENERAL MEETING 2019
Global Business – Local Nature Europe: $5.5 bn Middle East: $0.3 bn North America: $4.5 bn APAC: $23.0 bn India: $1.5 bn Rest of World: $5.0 bn CAGR – 4%-5% $40 Bn ANNUAL GENERAL MEETING 2019
Abrasives – Drivers For Growth Automobile Infrastructure Growing Investments. 9% CAGR. Smart Cities EV – No short term disruption Airports Railways & Transportation led growth Engineering Robust Growth led by domestic Steel consumption & NSP Led Growth exports 300 Mil Tonnes by 2030 ANNUAL GENERAL MEETING 2019
Customer Expectations Mass Market Customers Precision Abrasives Customers • • Product Availability Productivity & Machine OEE • • Manual to Machine Precise Surface Finish • • Value For Money Performance Cost Per Component • • Complete Product Basket Application Support • • Safety One Stop Tool Management Solutions ANNUAL GENERAL MEETING 2019
CUMI Abrasives – Way Forward Among the top 10 Digitalization of Processes, Strong Domestic Play, Abrasives Brand in the Data Analytics Select Global Markets world Process Excellence Systems 20% from International Business Efficient Manufacturing, Strong Distribution Leverage Channel Strength in India – Core & Strategic Sourcing, Building Adjacencies Partnerships Inorganic Growth in US/Europe/China Repositioning Precision Abrasives - CUMI/Wendt Combined Offering Cost Leadership & Agile Innovation ANNUAL GENERAL MEETING 2019
Strategic Levers For Growth Coated Abrasives - Growth Thru Capacity Addition & NPD Precision Abrasives - Growth Through In-House Development & Strategic Partnerships Bonded Mass Market Products - Growth Through Capacity Utilization & Strategic Sourcing Channel Expansion & Supply Chain Transformation – Building unmatched distribution in India Adjacencies – Growth Leveraging Channel Management Strengths Project Trtiya – Coated Maker Expansion in SPR International Business – Growth by • Precision Products at Select Geographies • Coated Jumbos for Convertors • Inorganic Partnerships ANNUAL GENERAL MEETING 2019
International Business Precision Abrasives in US, Europe & China Mass Market Products in Middle East & Russia Brand Visibility Built over 15 Years Platform set for Growth through leveraging current brand recognition and reach along with Strategic Partnerships ANNUAL GENERAL MEETING 2019
Electro Mineral Division
CUMI – Electro Minerals Division Engineering | Energy | Environment ANNUAL GENERAL MEETING 2019
Global Business – Resource Dependent Russia: $1 bn Europe: $5 bn China: $12 bn North America : $5 bn India: $0.08 bn Rest of World: $2 bn CAGR – 4%-5% $25 Bn Market Size for Fused Minerals ANNUAL GENERAL MEETING 2019
EMD – Drivers For Growth Abrasives Driven by growth in Auto, Steel & Infrastructure Energy Electronics Black & Green Silicon Carbide & Renewables driven by Solar, Specialty Ultra Fine Powders in Electric Vehicles, Nuclear & Fossil Mobility & Sensor Technology Fuels Steel Environment Protection NSP Led Growth Driven by Filters for Auto & 300 Mil Tonnes by 2030 Industrial Gas Filtration ANNUAL GENERAL MEETING 2019
Customer Expectations Regular Minerals Speciality Minerals • • Consistent Quality Application Support • • Competitive & Predictable Price Trends Stringent Pre-Qualification • • Range of Products Ability to Customize • Material Science Knowledge ANNUAL GENERAL MEETING 2019
CUMI Electro Minerals – Way Forward To be a Globally Recognized Manufacturer Global Markets addressing Energy, of Complete Range of Synthetic Minerals Engineering & Environment Build Economies of Scale in commodities to achieve Cost Competitiveness Leverage low cost feedstock and technology to create value add products Identify and build growth platforms in adjacent verticals Create value cells in new lines of high growth businesses Target Inorganic Opportunities for Scale Efficient Mineral Processing & Bulk Sourcing Digitalization of Processes, Data Capabilities Analytics Contracting of capacities (regulars) & Business Process Excellence Systems Development for specialities Proactive Innovation & Application skills for specialities ANNUAL GENERAL MEETING 2019
CUMI EMD – Strategy For Growth Innovation Value Pyramid ANNUAL GENERAL MEETING 2019
Volzhsky Abrasive Works, Russia VAW Russia – Silicon Carbide, 80,000 tpa Foskor Zirconia – Fused Zirconia, 5000 tpa ANNUAL GENERAL MEETING 2019
VAW – Growth Projects Fused Magnesia NbSiC for Aluminium smelter & pots. Magnesia Carbon Bricks opportunity Lowest cost Silicon Carbide producer: ~ 90K tons to 100K tons Rail car fusion at VAW ANNUAL GENERAL MEETING 2019
Venturing into Nano Materials Inauguration of ‘ Boehmins & Nano Materials’ Plant at CUMI SEZ, Edapally, Kerala ANNUAL GENERAL MEETING 2019
Capacity Expansion - Bohemin ANNUAL GENERAL MEETING 2019
Graphene/Graphene Composites Carbon Nano Tubes The new offering from CUMI……. ANNUAL GENERAL MEETING 2019
Same weight ! Graphite RM Graphene ANNUAL GENERAL MEETING 2019
Process Area Outside View • Process Area- Out Side View ANNUAL GENERAL MEETING 2019
Application Lab ANNUAL GENERAL MEETING 2019
Graphene Opportunities in E-Vehicles ANNUAL GENERAL MEETING 2019 31
Graphene – Current and Future Applications Electronics Touch Screens Aerospace Automobiles Battery Automobile Aerospace Paints Conductive Inks Battery Paint Wearable Wear-ables Tyre Rubber/tires ANNUAL GENERAL MEETING 2019 32
Graphene Based Products from CUMI ANNUAL GENERAL MEETING 2019
New Opportunities ANNUAL GENERAL MEETING 2019
Industrial Ceramics
Industrial SBU Ceramics Wear Technical Business Ceramics Ceramics Group Product Lines Lined Wear Resistant Grinding Engineered Metallized Equipment Liners Media Ceramics Ceramics Bulk Material Handling Fluid Handling Vacuum Interrupters Markets and Ceramic Tile/Mineral Processing Battery Tooling Solid Oxide Fuel Cells Applications Coal Based Thermal Power Ignition System Night Vision Cameras Mining Ballistic Protection Communication Devices Cement Customized Ceramic products Steel ANNUAL GENERAL MEETING 2019
Key Industries Served ANNUAL GENERAL MEETING 2019
Recommend
More recommend
