agson global private limitedagsonglobal.com/sites/all/themes/agson/images/company...started business...
TRANSCRIPT
Delivering Growth Sustainably Nourishing Lives
AGSON GLOBAL PRIVATE LIMITED
Nourishing Lives
VISION Agson aspires to be the most admired , value based, billion dollar company adding values to its customers’ and society at large, empowering its team.
MISSION Agson strives to be the leader with major share in domestic market and strong global presence with complete professionalism and values.
Nourishing Lives
Apresh Garg has more than 2 decades of experience in the trade.
Started business from one shop in Khari Boali (Delhi) and have scaled it to a Pan
India operations.
Member of prestigious US Indian Business Council, Washington DC
President of Agro Importer Associations of India.
Representing Almond Board of California in India.
Diplomat - Recently appointed Honorary Secretary General of Republic of Kiribati
(An Island Nation in the Central Pacific Ocean).
Philanthropic activity – Education of Poor Children
Nourishing Lives
AGPL was incorporated in 1997 initially as Gopal Impex Pvt Limited It was renamed as Agson Global Private Limited in 2008. Company started business operations with trading of dry fruits namely almonds, pistachios, walnuts, gum, dry ginger, cloves, spices, raisins and black pepper among others. However over a period of time company started focusing on high value, high growth products. Company has narrowed its focus on importing and processing mainly almonds. In order to diversify and earn higher returns, company entered into the field of manufacturing of Menthol products, creating infrastructure i.e warehousing and manufacturing of garments for exports.
Nourishing Lives
Importing and selling of Almonds and other Dry Fruits in domestic and Global markets.
Market Leader having 20% of the Indian market share.
State of the Art manufacturing Unit at Kundli, Haryana ( NCR Town)
Installed Capacity 10,000 MT
Present Capacity utilisation 7000MT
All Global certifications are in place.
Warehouse facility at Kundli, Haryana (NCR Town).
Warehousing capacity of 5.5 lac sq ft.
Leasing of space has already started and the major lease for 2.10 lac sq ft has been done with Amazon - Worlds Largest E Commerce Company
Export Oriented unit for manufacturing of Womens’ basic Garments used by masses.
Manufacturing facility on lease at Udyog Vihar, Gurgaon.
Almond Menthol Logistic Garments
Nourishing Lives
Global Scenario
United States of America is the single largest producer, with the country contributing to over 80% of the global almond production.
Globally Almond Kernel market size is 8 lakh tons
European Union, India, Japan, Canada and Turkey are the major importers with imports
While, the peak harvesting period of the Californian crop starts from mid-August and extends till September.
Indian Scenario
The ever-expanding middle class and increase in health awareness, has lead the growing consumption of almond in the country in recent years.
Indian Almond Kernel market size is 1.05 lakh tons.
More than 95% of almonds consumed by Indians is imported with more than 80% of imports being sourced from California.
The Indian festival season extending from September to December is the peak consumption period for almonds.
Nourishing Lives
With increasing Per Capital Income and health awareness among people the demand for Almond is on rise in India. Almond has been AGPL’s core business with almost 80% of the revenue coming from this division. AGPL with 2 decades experience in the industry has carved itself a major share in the Almond industry of India. The demand for Almond in India is expected to rise further and this gives AGPL an opportunity to reach new heights.
Nourishing Lives Global Scenario Globally, India is the largest producer and exporter of Menthol Flakes.
The other major producers in the world are China, Brazil, US and Japan.
Out of total global production of Menthol flakes India contributes around 73%, China 18% and others 9%.
The major exports are directed to countries like China, France, Germany, Japan etc.
About 50% of total Menthol flakes production is exported to China, whereas menthol crystals are exported to US and European countries.
Indian Scenario India's annual production of Menthol flakes has been rising in the recent years to meet the
rising demand, Uttar Pradesh is India's largest producing state, contributing almost 80-90%, to the country's total production, followed by Bihar, Punjab, Haryana and Himachal Pradesh.
Cultivation of mint in India starts from February - March every year and the crop takes around 90 days to mature. First harvesting is done during May - June. Farmers undertake at least two harvestings from the crop. Menthol flakes production in India begins from mid-June and steady arrivals are seen till November.
The major production/trading centres of Menthol flakes cover the districts of Moradabad, Rampur, Barabanki, Sitapur and Lucknow in the Central Uttar Pradesh; Chandigarh & Jalandhar in Punjab.
Menthol finds usage in many industry like pharma, confectionery, personal care products, oral care products, chewing gums etc.
Applications
Nourishing Lives
State of the Art unit situated at HSIDC, Kundli, Sonepat. One of the largest unit of Menthol unit in terms of installed capacity of 10000 MT p.a. Present capacity utilisation @ 70%. AGPL has obtained all Global Certifications such as ISO 22000, GMP, HACCP, DA, FSSAI and Drug License required for exports. AGPL’s unit commenced operations from April 2013 and has now successfully runned for more than 2 years. The unit achieved breakeven in its first year of operations.
Nourishing Lives Industry Scenario
Textile sector contributes 14% to industrial production and 4% to GDP.
Readymade garments was the largest contributor to the Textile and
apparel export from India in FY 15. Apparel segment had a share of 40% in overall textile market.
The industry accounts for nearly 13 per cent of total exports
The size of India’s textile market in 2014 was US$ 99 billion; the
market is expected to expand at a CAGR of 9.6 per cent over 2014 –23
Nourishing Lives
With our relationships abroad and healthy margins, AGPL ventured into Garment division in the last quarter of the FY 14-15.
AGPL set up the manufacturing facility at Udyog Vihar, Gurgoan in the NCR.
The unit is 100% export oriented providing natural hedge to the company.
Manufacturing Women’s wear daily wear apparels.
Export orders from Hong Kong, Dubai etc.
Track Record of zero rejection of the export orders.
Nourishing Lives
Traditionally, warehouses in India were “godowns”, gradually they are evolving into modern setups.
By 2015, the share of organized sector of the warehousing industry is estimated to reach 15% from the current 9%.
This demand shall be driven by a combination of growing GDP, maturing industry segments, GST implementation, rising external trade and share of organized retail.
Nourishing Lives
Located strategically at Kundli in the outskirts of Delhi and at closer proximity to the industrial town of Sonepat, Haryana.
State of the Art facility with constructed area of 55,627 sq. meters facility
The facility got operational in December 2014.
Encouraging response from the leading e-retailers
and FMCG brands.
Almost 50% of the area leased out to the world renowned E- Commerce company – Amazon.
Strong and sustainable
financial performance
• Company has grown at CAGR of 35.81% in the last 5 years • Profitability has grown by almost 4 times in last 5 years. • Lowly leveraged • Satisfactory liquidity position
Well Developed Footprint
• Corporate office at the capital of India i.e. Delhi • Facilities at Kundli, Haryana. • Pan India Presence • Global Reach
High quality infrastructure,
processes & resources
Poised for accelerated
growth
• State of the Menthol Art unit • Global certifications for the Menthol products. • Products well accepted in the international market • Set up world class logistic park
• Well capitalised • Ready for expanded avenues of growth • Leverage on new opportunities to better utilize
existing distribution and expertise
Nourishing Lives
• Started as a one man , one office in 1997.
• Holding 20% market share in domestic Almond Market.
• Strategic diversification.
Leadership Market Position
• State of the Art facilities.
• Globally accepted products.
• Professional management.
Best in class operations
• Good network of dealers /distributors .
• Supply arrangement to all town and cities of India.
• On time delivery
Pan India Network
• Dealing with .wholesalers and distributors
• Serving renowned Corporate Clients.
• Repeat orders
Customer Base
Nourishing Lives
92%
8%
Revenue Contribution By Market FY 14-15
Domestic Sales Export Sales
Revenue Contribution By Market FY 15-16
Strong Domestic Presence Increasing Global Footprint
21%
79%
Nourishing Lives
Well Diversified Product Mix
77.80%
18.50%
0.01% 3.69%
Revenue Contribution By Product – FY 14-15
Almond Menthol Logistic Garments
67.12%
15.73%
0.55% 16.60%
Revenue Contribution By Product – FY 15 -16
Almond Menthol Logistic Garments
Nourishing Lives
0
500
1000
1500
2000
2500
FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15
445
620
758
1470
2057
Sales
AGPL’s revenue has been growing consistently. With increasing sales , AGPL is completed focused on increasing its profitability. Revenues have grown at a CAGR of 35.82% in the last 5 years. With new business verticals getting operationalize and stabilize, AGPL is set to reach new heights. AGPL aims to achieve revenue size of Rs. 5000+ crs by FY 2018.
Nourishing Lives
EXTERNAL CREDIT RISK RATING &
OTHER CERTIFICATION
LAST YEAR NOW
Long Term : CARE BBB – (Triple BBB minus) Short Term: CARE A3
Long Term : Upgraded to CARE BBB (Triple BBB ) Short Term: CARE A3
AWARDED RECOGNITION OF TWO STAR EXPORT HOUSE
Nourishing Lives
For Your time and Support