Ganesh Benzoplast Limited — PPTs, 19-11-2024: Investor Presentation

**Financial Highlights:** For Q2FY25, Ganesh Benzoplast Limited reported consolidated revenues of ₹976 Mn, a slight decrease from ₹1,027 Mn in Q2FY24. EBITDA increased to ₹292 Mn from ₹272 Mn, leading to a profit after tax of ₹164 Mn, up from ₹156 Mn year-over-year. The firm achieved a PAT margin of 17%.

**Strategic Initiatives and Growth Drivers:** The establishment of a joint venture with BW Confidence Enterprise Pvt Ltd for a state-of-the-art LPG terminal at Jawaharlal Nehru Port positions GBL for significant growth in the LPG market. The terminal will facilitate efficient sourcing for the Indian market with capabilities to handle the latest Very Large Gas Carriers.

**Business Developments:** The company's investment in both liquid storage and LPG logistics showcases a push towards expanding infrastructure and service offerings, which should enhance revenue streams going forward.

**Market Position and Competitive Advantage:** GBL's presence at major ports like JNPT provides a strategic advantage, with capacity utilization exceeding 100% at its JNPT terminal. This, coupled with existing contracts and clientele relationships, sustains a solid revenue base.

**Investor Implications:** With new ventures and a diversified service model in place, GBL presents a positive outlook for potential growth, though investors should watch for fluctuations in operational performance due to external market conditions.