SRF

An Introduction

Our pride associations

a winner of the prestigious Deming Prize
a legacy of more than 100 years lineage of Sir Shri Ram & Dr. Bharat Ram
chairman Mr. Arun Bharat Ram, former President of CII
promoters of The Lady Shri Ram College & The Shri Ram Schools

Deming Prize

The Lady Shri Ram College

Chairman
Mr. Arun Bharat Ram

SRF at a glance
A multi-business manufacturing entity
Industrial intermediates
India, Thailand and South Africa
14 (eleven in India)
Rs. 4000 crore (675 million USD)
5500 globally

75 countries

Our business profile

SRF

TTB

CB

PFB

EPB

CTG

TTB

Technical Textiles Business

CB

Chemicals Business

PFB

Packaging Films Business

EPB

Engineering Plastics Business

CTG

Chemicals Technology Group

4

Present in three countries

Bhiwadi

Pantnagar
Kashipur

Gwalior

Kashipur
Rayong, Thailand

Dahej
Indore
Business

CB
PFB

Trichy

Durban

TTB

Rayong, Thailand

Thailand

Manali
Port Elizabeth

Gummidipoondi

EPB
5

Corporate leadership team

Mr. Arun Bharat Ram

Mr. Ashish Bharat Ram

Mr. Kartikeya Bharat Ram

Managing Director

Dy Managing Director

Chairman

Mr. Rajdeep Anand

President (CTG)

Mr. Sushil Kapoor

President & CEO
(TTB)

Mr. Rajendra Prasad

President & CFO

Continued
6

Corporate leadership team

Mr. Sanjay Chatrath

President & CEO (TCF)

Mr. Ajay Chowdhury

President & CHRO

Mr. Prashant Mehra

President & CEO (PFB)

Mr. Suresh Kannan

President & CEO (BF, CF & LF)

Mr. Prashant Yadav

President & CEO (EP & FCB)

Mr. Anurag Jain

President & CEO (SCB)
7

Our aspiration
We aspire to achieve global leadership by continuously
enhancing organizational and people capability, developing
innovative products and processes that satisfy customers and
attaining challenging benchmarks in productivity.

Our journey
2010
Packaging Films

1995
1990

Refrigerants

1989
1986

Belting Fabrics

Coated Fabrics

Engineering Plastics

1977
1974

Incorporation of Shri Ram

Fibres

Shri Ram Fibres renamed as

SRF

1983
1979

Fishnet Twines

Laminated Fabric

Nylon Tyre Cord

1970

2 acquisitions in India, 2 overseas

2009

SRF purchases two businesses of

SRF Polymers - EPB and IYB
Industex Technical Textiles (Pty) Ltd
- belting fabrics, South Africa

2008

2000

1995

Thai Baroda Industries Ltd. (TBIL)

nylon tyre cord, Thailand

Miles to go

2008

Dupont Plant - nylon tyre cord

Gummidipoondi, Chennai
Ceat Plant - nylon tyre cord, Gwalior
10

Market leadership our standing

Belting fabrics
Nylon
6 tyre
cord
fabric
Nylon
6 tyre
cord
fabric
Tyre cord

Global No. 2
Global No. 2
Domestic Market Leader

Refrigerants

Domestic Market Leader

Belting fabrics

Domestic Market Leader

Fishnet

Domestic Market Leader

Packaging Films

Domestic No. 2
11

SRF consolidated - financials

In USD mio

761

783
694
666

557

399

221
168

156

61

Sales

106

112 94

2009-10

109

110
64

43
EBIDTA

2008-09

154

35

72

PBT
2010-11

2011-12

2012-13

74

28

47 27

PAT
2013-14

12

SRF financials key ratios

Ratio: Debt/Equity - Debt/EBIDTA

4.50
3.85

4.00
3.42

3.50
3.00

2.81
2.33

2.50
1.62

2.00
1.50

1.23

1.24

0.89

1.00

0.63

1.55

1.37
0.99
0.89

0.59

0.70

0.88

1.07

0.63

0.50
2005-06

2006-07

2007-08

2008-09

2009-10

Debt/Equity

2010-11

2011-12

2012-13

2013-14

Debt / EBIDTA

13

SRF financials key ratios

Financials: Dividend Payout Ratio

60%

52%

50%
41%
40%
31%

29%
30%

25%
21%

26%

20%
16%

20%
10%
0%
2005-06

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

2013-14

Dividend Payout Ratio

14

SRF financials key ratios

Earning Per Share

90.00

80.03

80.00
64.10

70.00
53.62

60.00

44.05

43.65

50.00

40.00
30.00

19.84

15.91

28.29

22.08

20.00
10.00
2005-06

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

2013-14

EPS

15

Touching your life everyday

LAMINATED FABRICS

PACKAGING
FILMS

FLUOROSPECIALITIES
FOR Pesticides

INDUSTRIAL
YARN
REFRIGERANTS
TYRE CORD

ENGINEERING
PLASTICS

16

Product range
TTB
Tyre Cords

CB
Refrigerants

PFB
PET Films

EPB
Engg. Plastics

Belting Fabrics
Chloromethanes

Holographic Films

Coated Fabrics
Laminated Fabrics
Fluorospecialities

Metallised Films

Industrial Yarns

17

Diverse applications
TTB

CB

PFB

EPB

18

Creating value through R&D

Proven capability in process development to commercialization
Wide range of field of research - from nano technology to new-age processes and
product development
Developed indigenous technology for production of HFC 134a
Holds process patent for HFC-32 by the US Patent & Trademark Office

filed 39 patents so far..many more in the pipeline

19

Technology driven company

R&D, an integral component of business strategy

dedicated R&D centres for core businesses

equipped with state-of-the-art equipment

a pool of qualified & experienced scientists and engineers (drawn from

Indias premier academic institutes)

collaborating with a number of global innovators

engaged in developing cutting edge technologies

20

Building capabilities
Built around people, processes and systems
Creating the right environment well-being, fun, excitement
Overall development challenging assignments, focus on competency building and
domain expertise

Unleashing potential Learning, Education & Training

21

 TQM - the SRF way

Businesses united through a common management system
Our work ethos - People satisfy customers efficiently

Build Quality into the process

Focus on continuous improvement

People participation through systematic approaches

Robust planning and execution

22

Invested Rs. 1600 cr during 2009-2013

2012

New Chemical Complex in Dahej commissioned

2011

First phase of Expansion in Coated Fabrics - TTB

2010

Laminated Fabric Project - TTB

2009

Polyester Industrial Yarn - TTB

23

Chemical Complex at Dahej, Gjarat

Announced investment of ~Rs.1400 crore at Dahej
Dahej expected to be a 291 acre chemical complex: 100 acre being
presently developed
Plants commissioned during
2013-14
Anhydrous Hydrogen Fluoride
(AHF) plant
HFC 134a plant
two Specialty Chemicals Plants

one Captive Power Plant (CPP) of

15 MW capacity

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Leading the way

The only tyre cord company outside Japan to have won the prestigious Deming Application Prize

The first to introduce Spin Draw and Converter Dipping in tyre cord business in India

The only company in India to have ventured into manufacturing Polyester Industrial Yarn/
Fabric for radial tyres

The only company in India to have developed technology to manufacture HFC-134a, a new
generation refrigerant

The first in India to commercially launch 8 Polyester film

The first in India to start polymer compounding

The first company in India to give stock options to all its employees including non management
staff
25

Business benchmarks - snapshots

TTB

Pioneered replacement of rayon with Nylon 6 tyre cord

Pioneered replacement of cotton with Nylon 6 in bicycles
Entire range of textile reinforcement

CB

The only Indian manufacturer of HFC 134a

Leading exporter of refrigerants from India
Partnering with leading international agro & pharma Cos.

PFB

EPB

Facilities for metallization and holography

Caters to the leading FMCG companies of India

More than 150 grades of engineering plastics

26

Awards & recognitions.

SRF in Forbes Best Under a Billion List 2011

CII-ITC Sustainability Award

2008 Strong Commitment
2009, 2010 & 2011 Significant Achievement

Deming Application Prize

2004 Tyre Cord Business
2012 Chemicals Business
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Awards & recognitions

2005

Responsible Care Logo

2006

Greentech Safety Platinum Award

2007

Greentech Environment Excellence Platinum Award

2009

ILO Recognition for creating awareness on HIV / AIDS

2011

NRM project chosen by a consortium of Netherland based

Civil Society Organizations as a unique model of BusinessNGO partnership

28

Community partnerships
Focus areas
Education
Health Care - HIV AIDS
Natural Resource Management
Affirmative Actions

29

SRF Foundation
Advocating quality education
Mewat Rural Education Programme
-

Adopted 40 schools in Mewat district, Haryana

Impacting lives of 16000 children

IBM KidSmart - Early Learning Centres: 37 locations

Udaan - residential learning camp for adolescent girls

Avishkar mobile van for science promotion and right to

education

Vocational Educational & Trg Prg

Enhancing Early Education Programme
- Nursery teachers training programme
The Shri Ram Schools Ranked
- Amongst the best Day Schools in India
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We believe in
sustainable growth,
through total excellence

31

Thank You