Company profile

The Company profile

company is the leading company in the glass industry. Glass manufacturing is one of the most
demanding process.
The company With
is the the combination
leading company inofthe suitable temperatures
glass industry. Glass and excellent technological
manufacturing is one of the
research the company has excelled in the field of glass making since many years.
most demanding process. With the combination of suitable temperatures and excellent They are working with
major sectors like research
technological automobile,
the private
company developers, SEZ,inAirports,
has excelled the Hospitality and Industrial products.
field of glass making since many years. They are working
with major sectors like automobile, private developers,
SEZ, Airports,.

Products of the company

1. Solid glass-The application of solid glass is in various industries like furniture,

home appliances and solar panels etc. End users like corporates, hotels,
airports demand for it.
2. Kool glass-Clean rooms, refrigerators, windows highly demand the users of
glass industry. Users like pharmaceuticals companies and commercial
buildings consider Kool glass as the most favorable product
3. Fort glass-Tourism industry in highly in demand these days and glasses need
to be bullet and bomb blast resistant. Users like Museum and Embassies
constructors highly demand Fort glass which is by the company.
4. Decor glass-A good ambiance and interior attracts visitors. Decor glass
manufactured by the company helps to beautify restaurants, hotels and
residential complexes.

The future vision of the company

 The company wishes to be No.1 in India by the year 2025.
 They demands to be largest manufacturer in the glass industry.
 The company wants an excellent share of international market.
 The requirement of the company is an efficient management structure that
generates to successor growth.
Transaction Brief
Company is already an NPA and banks have agreed to do One Time Settlement
subject to confirm term sheet for funding OTS by an investor and revival plan
along with funding for revival offered by an investor.

Bank outstanding
 Edelweiss INR 23 crores.
 PNB INR 9.3 crores.
 SICOM INR 3.8 crores.
 Bank of Maharashtra INR 50 lacs.

Working capital requirement.

 INR 5 crore fund based and INR 5 crore non-fund based.
 Other liabilities from government approx. INR 4 crores from EPCG INR 15
crores

Money to be received.
 From Tata AIG insurance approx. INR 20 crores and ICD from group
company INR 20 crores.

Asset value
 Plant and machinery INR 45 crores
 Corporate office approx. INR 10 crores.
 Flat approx. INR 2 crores.

Projected cash flows available for repayment

2017- 2018- 2019- 2020- 2021-22 2022- Total
Particular 18 19 20 21 23
Sales of Exiting unit 1298.0 4615.2 4845.96 5619 5899.95 6194.95 28473.0
2 8
Sales from 1 Additional 4200 4800 5100 5100 5100 24300
unit
Sales from 2nd Additional 4200 4800 5100 5100 19200
unit
Other operating income 74 528.91 830.76 931.14 966 983.7 4314.5
Total Revenue 1372.0 9344.1 14676.7 16450.1 17065.95 17378.6 76287.5
2 1 2 4 4 8

Overheads
Raw material @62.5% 827.16 5840.0 9172.95 10281.3 10666.22 10861.6 47649.3
7 4 5 9
Utilities 131.65 443.85 660.45 658.01 682.64 695.15 3271.73
Employee cost 304 480 792 871.2 958.32 1034.99 4440.51
Other operating 79.69 753.31 1054.6 1153.37 1109.29 1094.85 5245.11
expenditure
Total Operating Cost 1342.5 7517.2 11680 12963.9 13416.46 11686.6 60606.7
2 1 4 84

EBITDA 29.52 1826.8 2996.71 3486.23 3649.49 3692.01 15680.8

9 4
EBITDA % 2.15% 19.55% 20.42% 21.19% 21.38% 21.24%
Less:
Depreciation 263.95 416.13 555.48 529 344.74 279.71 2391.01
PBIT(profit before int& - 1408.7 2441.24 2957.22 3304.75 3412.3 13289.8
tax) 234.43 6 3

RS in
Lakh
PHASE PHASE
2 3
Particulars 2017- 2018- 2019- 2020- 2021-22 2022- TOTAL
18 19 20 21 23

Sales 1298.0 4615.2 4845.96 5619 5899.95 6194.95 28473.0

2 8
Other operating income 74.06 450.6 489.83 540.85 583.4 602.87 2741.62
Total Revenue 1372.0 5065.8 5335.79 6159.85 6483.35 6797.81 31214.7
9

Overheads
Raw material 827.16 2884.5 3028.73 3511.88 3687.47 3871.84 17811.5
7
Utilities 131.65 228 243.9 282.34 296.46 311.28 1493.62
Employee cost 304.36 356.8 392.48 431.73 474.9 522.39 2462.66
Other operating 79.69 401.8 421.59 484.84 508.79 533.93 2430.65
expenditure
Sub - Total 1342.8 3871.1 4086.7 4710.78 4967.61 5239.44 24218.5
7

EBITDA 29.22 1194.7 1249.09 1449.07 1515.74 1558.37 6996.2

EBITDA % 2 24 23 24 23 23 118.95
Less:
Depreciation 263.95 248.68 240.62 258.69 112.43 79.82 1024.2
Intrest 129.4 250.57 239.82 211.07 56.07 886.91
PBT - 695.46 768.66 979.31 1347.24 1478.55 4905.09
364.13

Cash profit / (Loss) - 944.14 1009.28 1238.01 1459.24 1558.37 6109.29

100.18
Less : Term Loan
repayment
income tax / MAT
Net cash profit plough - 944.14 1009.28 1238.01 1459.24 1558.37 6109.29
back 100.18