Friday, 29 July 2022

@AlliesFin Serve Stock Market's Post

*KABRA EXTRUSION TECHNIK*
ABOUT
Kabra Extrusiontechnik Limited was incorporated in 1982. It is part of the Kolsite group and operates in the business of plastic extrusion machinery. KET specializes in providing plastic extrusion machinery for manufacturing pipes and films. It has two manufacturing locations in Daman. Co. has also started Lithium ion battery packs business from FY21 [1] [2]

KEY POINTS
Products
Single Screw Extrusion lines for PVC, cPVC, PP-R pipes, etc.
Twin screw lines for extrusion of RPVC/ CPVC pipes, etc.
Other products: High Speed Flat and Round Drip Tube lines, Monolayer Blown Film Lines, High Capacity Mixer-coolers, etc.
Lithium Ion Battery - to start post March ’20[1]

Market Position
The Company is India’s largest manufacturer of Plastic extrusion machines.

Clients
Plastiblends India Ltd, Kothari Agritech Solapur India, Proppyl Packs Ltd., among others.

Manufacturing capabilities
Plastic
It has more than 14300 installations worldwide.
Manufacturing facilities in Daman, India.
Battery
Capacity - 3,00,000 Battery Packs for 2W or 1,25,000 Packs for 3W
Production Capacity - 500 Megawatt-hours (Mwh)

Lithium-ion Battery Packs
Company has set up a new manufacturing facility at Chakan, Pune for Module and battery packs.
Co. will be manufacturing lithium-ion Battery Packs with Battery Management Systems with technology tie-up with a European partner, to green energy storage systems and Electric vehicles transportation.
Company has commenced commercial production at its new manufacturing unit in Pune and launched a new product under the Brand Name “Battrixx”.

Capex
The company incurred CapEx of 12% of the revenue on PPE.

Joint Venture
The co. with Penta SR entered into a joint venture viz. Penta Auto Feeding India Ltd in 2015. Revenue for Penta Auto Feeding India Ltd dropped by 28% in FY20.

R&D
Company had R&D expenditure of 5% of the revenue as compared to 4% in FY19.

Focus
Company will leverage its ability to adapt new technologies in the lithium-ion battery pack with BMS, to suit Indian needs and make it available to the market.
The Company continues to focus on innovations and is also exploring new opportunities in e-commerce for its spares business.
Company brought the technology for raw material handling systems and belling machines from Penta Srl and Mecanor.
By: via @AlliesFin Serve Stock Market

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