Annual Highlights Report No : 17
#XPROIndia FY 22 Annual Report Highlights
Like & Retweet for better reach !
#XPROIndia FY 22 Annual Report Highlights
Like & Retweet for better reach !
1. Company Updates :
During FY22, upon shareholder approval and receipt of
subscription amounts, allotted on a preferential basis
19,68,000 Convertible Warrants to
β (a) Central India General Agents Limited (2,62,000
warrants)
β Janardhan Trading Co. Limited (66,000 warrants) -
During FY22, upon shareholder approval and receipt of
subscription amounts, allotted on a preferential basis
19,68,000 Convertible Warrants to
β (a) Central India General Agents Limited (2,62,000
warrants)
β Janardhan Trading Co. Limited (66,000 warrants) -
both members of the promoter group
β (b) Malabar India Fund Limited (βMalabarβ), a category
I foreign portfolio investor (non-promoter, public)
(16,40,000 warrants)
β Issue price (βwarrant exercise priceβ) of Rs.762 per
warrant, including a premium of Rs.752 each
β (b) Malabar India Fund Limited (βMalabarβ), a category
I foreign portfolio investor (non-promoter, public)
(16,40,000 warrants)
β Issue price (βwarrant exercise priceβ) of Rs.762 per
warrant, including a premium of Rs.752 each
2. Business Segments
The main raw materials used by the Company are
Thermoplastic Resins (such as Polypropylene, including
special grades for dielectric films, Styrenic Polymers and
LD/LLD Polyethylene, etc.)
β Biax Division - Manufactures a range of coextruded BOPP
The main raw materials used by the Company are
Thermoplastic Resins (such as Polypropylene, including
special grades for dielectric films, Styrenic Polymers and
LD/LLD Polyethylene, etc.)
β Biax Division - Manufactures a range of coextruded BOPP
Films and Dielectric Films which are used in applications
ranging from food packaging to specialized films used in
electrical applications as an insulator. Besides also used for
print lamination, cigarette overwraps, adhesive tape, etc
ranging from food packaging to specialized films used in
electrical applications as an insulator. Besides also used for
print lamination, cigarette overwraps, adhesive tape, etc
β Coex Division - Coex Division manufactures coextruded
sheets, thermoformed refrigerator liners and coextruded cast
films. Difference between Biax and this division is in here
they use various polymers (except BOPP) such as ABS,
Polystyrene, PP and PE
sheets, thermoformed refrigerator liners and coextruded cast
films. Difference between Biax and this division is in here
they use various polymers (except BOPP) such as ABS,
Polystyrene, PP and PE
3. Performance Highlights
β The dielectric film line (Biax Division Unit II at Bajora) has
delivered healthy volumes on production - This unit remains
β The dielectric film line (Biax Division Unit II at Bajora) has
delivered healthy volumes on production - This unit remains
the sole Indian manufacturer of high-quality dielectric BOPP
films
This plant has established itself in the market competing with
the imports from China(price led); Japan, South Korea and
Europe (quality led)
β Exports to USA and Germany continued well in the midst of
pandemic
films
This plant has established itself in the market competing with
the imports from China(price led); Japan, South Korea and
Europe (quality led)
β Exports to USA and Germany continued well in the midst of
pandemic
β Growth in EV (electrical vehicles) segment can be good for
companyβs dielectric products
β Operations of the subsidiary company Xpro Global Limited
remain insignificant
β Company is selling its Biax division Unit 1 at Bajora, The
companyβs dielectric products
β Operations of the subsidiary company Xpro Global Limited
remain insignificant
β Company is selling its Biax division Unit 1 at Bajora, The
payment for the same is received completely and used to
reduce long term borrowings β due to this Debt Equity ratio
has decreased significantly
reduce long term borrowings β due to this Debt Equity ratio
has decreased significantly
4. Manufacturing Facilities
Bajora, West Bengal - Biax Unit, Film technology originally
sourced from U.K
β Ranjangaon, Mumbai - Coex Unit
β Greater Noida, UP - Coex Unit
Bajora, West Bengal - Biax Unit, Film technology originally
sourced from U.K
β Ranjangaon, Mumbai - Coex Unit
β Greater Noida, UP - Coex Unit
5. Product Portfolio
β Biax division
β Dielectric Grade BOPP film
β Metalized Films
β Packaging Films
β Coex division
β Coextruded Plastic sheets
β Release Films
β Hygiene Films
β Stretch Wrap Film
β Soft Blister Film
β Sheet & Thermoformed Components - Primary
β Biax division
β Dielectric Grade BOPP film
β Metalized Films
β Packaging Films
β Coex division
β Coextruded Plastic sheets
β Release Films
β Hygiene Films
β Stretch Wrap Film
β Soft Blister Film
β Sheet & Thermoformed Components - Primary
application of this segment is for Refrigerator inners
and door liners
and door liners
6. Financials
Aggregate production volumes rose marginally to 29,508 MT
(Previous year 28,478 MT)
β Sales - Rs. 471.72 Crores (FY21 - 373.35 Crores)
β EBITD - Rs. 65.66 Crores (FY21 - 42.48 Crores)
β Exports - Rs. 22.62 Crores (FY21 - 9.55 Crores)
Aggregate production volumes rose marginally to 29,508 MT
(Previous year 28,478 MT)
β Sales - Rs. 471.72 Crores (FY21 - 373.35 Crores)
β EBITD - Rs. 65.66 Crores (FY21 - 42.48 Crores)
β Exports - Rs. 22.62 Crores (FY21 - 9.55 Crores)
β Debt to Equity - 0.51 (FY21 - 1.48)
Micro Cap Club : valueeducator.com
Micro Cap Club : valueeducator.com
Loading suggestions...