Investor Presentation - Jan 2018 R - VANS Gypsum
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TABLE OF CONTENTS
Industry Over View
About Gypsum and wall plaster
About VANS GYPSUM
Management Team
Organization Structure
Product Suite
VANS Ceiling Tiles
Gyplast
Gypbond
Product Competitor Comparison
SWOT
Financials
Business Indicators
Key Clients and Customer Orders
Marketing and Communication
Test Reports
Annexures
2INDUSTRY OVERVIEW
The global gypsum market is valued to reach 2.4 Billion USD by 2018 and 3.8 Billion USD by 2026. The real drive for
growth lies in Asia, particularly in China and India, where construction and infrastructure work has exploded in recent
years. It is expected that Asia will surpass North America to be the world’s largest gypsum board production base, lead
by China. The Companies that can dominate includes BNBM, German Knauf, Australian BORAL and French Saint-Gobain.
In India, gypsum reserves are located in Gujarat, Rajasthan, Jammu and Kashmir, Himachal Pradesh, Tamil Nadu and
Uttar Pradesh. About 90% of India's total gypsum production comes from western and north-western Rajasthan.
At present, usable gypsum reserves in India amount to 140 – 150 Million Tonne, of which around 125 Million Tonne is
available to the cement industry. These numbers are for Rajasthan and Gujarat, as reserves in other states areunusable.
On the back of rising demand from industries such as construction, ceramic, cement etc., the India gypsum market is
poised to grow significantly in the coming years. Government is also backing the industry by allowing up to 100% foreign
direct investment (FDI) for gypsum products. As a result, FDI inflows to gypsum products industry in India have
registered significant growth in the last few years.
Moreover, with ongoing rapid infrastructural developments, the country’s gypsum consumption is rising briskly. To
match up this growing demand, Indian cement makers are now looking for acquisitions of overseas gypsum mines as a
valuable option. The country is thus anticipated to witness huge growth in gypsum consumption.
Source: *www.smithersapex.com
4GYPSUM TILES, BOARDS AND WALL PLASTER
Relevance of gypsum usage in India (other than for cement industry)
Gypsum Boards
Gypsum board is the technical product name used by manufacturers to define a specific gypsum-core board material that is typically
installed on the walls and ceilings of the interior or exterior of a residential or non-residential structure. Drywall and plasterboard are non-
technical synonyms for gypsum board. Gypsum board is the premier building material
for wall, ceiling, and partition systems in residential, institutional, and commercial structures. Gypsum products provide fire resistance,
sound control, economy, versatility, quality, and convenience.
Gypsum Tiles
Ceiling suspension systems (Gypsum Tiles) are composed of a lattice that is suspended from the ceiling by string or wire. Ceiling tiles are
laid upon the lattice. Suspended ceilings are often used in offices and commercial buildings. Different gypsum ceiling tile designs provide
different acoustical and aesthetic qualities. They are available in many varieties. The installation of the tiles is not difficult, but the
installation of the suspension system is generally performed by professional installers. Gypsum Tile has become a material of choice in
construction industry because of its unique properties. It has excellent insulation properties both thermal and acoustic and can offer very
good passive fire protection, moisture resistance, impact resistance and vapour control when used in combination with the right systems.
Gypsum Wall Plaster
When a wall is constructed with brick or block, they are finished with a coat of plaster which is called internal plastering. Internal
plastering has traditionally been done through a process of sand-cement plastering finished with POP pruning. This is a two stage process
and involves multiple elements like sand, cement and water which is mixed onsite. This form of plastering is being slowly replaced by a
direct single coat application of gypsum plaster. So gypsum plaster is actually a replacement of two processes i.e. sand cement plastering &
POP punning. Gypsum plaster is produced as a result of calcinations of the raw gypsum in an automatic kettle under controlled
temperature.
5GYPSUM PRODUCTS AND THEIR USAGE
Plasterboards Decorative Plaster Building Plaster
Used for Partitions and Used for creating decorative
lining for brick and block walls, Used for walls and
the lining of walls,
and for ceilings ceilings
ceilings, roofs and floors
Gypsum Tile Gypsum Screeds Gypsum Fiberboards
Gypsum tiles used for Used for self-levelling Used for partitions and
False ceiling. floor screeds. the lining of walls,
. ceilings, roofs and floors
7FUTURE OUTLOOK
India's domestic resources of gypsum are large enough to meet increased demand. The apparent domestic demand of gypsum was
estimated at 8.71 million tonnes by 2016-17 at 9% growth rate as per the Report of the Working Group for 12 plan, Planning
Commission of India, which has already surpassed the Planning Commission estimates during 2015-16. The consumption of
gypsum (all industries) during 2015-16 was about 10.31 million tonnes.
With renewed focus on improving the economy and up scaling industrial developments, India lays greater emphasis on creation of
the infrastructure. As per the Working Group report, augmentation of infrastructural activities will endanger further growth of the
Cement Industry which concomitantly will raise the consumption of gypsum and thereby its demand, with consequence, leading to
increased dependence on imports and synthetic gypsum to meet cement demand. Further, as per the report, steps would be
necessary to find out suitable mining technology to exploit, deep-seated gypsum resources in Bhadvasi deposit, Nagaur district
Rajasthan. State-of-the-art-technology needs to be adopted for the exploitation of deep-seated gypsum.
Other segments that would attract attention would be production of gypsum wallboard which is currently negligible in India. It
could find better prospects because of its light weight and other special characteristics. It being an excellent partition material
could facilitate its utility in high rise building constructions. In view of the environmental problem arising from huge accumulation
of phospho-gypsum at different fertilizer plants, possibilities of finding other possible means for its utilisation has become a
necessity. Low-grade gypsum being cheaper could find better prospects in its application more as a
soil conditioner for reclamation of alkaline soils.
8INTRODUCTION
VANS Gypsum Pvt Ltd (Vans Gypsum) is a manufacturer of a unique range of Glass Reinforced Gypsum (GRG) False ceilings,
Wall plaster and Gypsum Ceiling Boards
In 2010, VANS Gypsum took over GSP Manufacturing Company, a UK-based company with over 40 years of experience in
the industry and a presence in over 30 countries across the globe.
The Company brings range of products to India with its headquarters in Mumbai and Sales headquarters in Chennai &
branch offices in Bangalore, Pune and Mumbai and distribution networks in Andhra Pradesh and Kerala.
Manufacturing plant is located at Kapoli, Pune, which has a production capacity of up to 5 mn square feet per month.
The company gives strong emphasis on preservation of environment and therefore all products manufactured are from
Pure Virgin Gypsum with Glass-fibre Reinforcement and is 100% recyclable
- Helps to replace sand and unavailable commodity , which are predominantly used in the interior of
the walls
- Manufacturing eco- friendly ceiling tiles
10MANAGEMENT TEAM
Mr. Vijay Parekh, Chairman
Mr. Parekh is a well-known name in global banking circles with an illustrious career spanning 25 years. He has served as President of American Express Company
(International) & Vice-Chairman & Board Member of American Express Bank. As COO and Sr. MD, Temasek Holdings, the sovereign wealth fund of the Singapore
government, he has steered its global investment portfolio of billions of dollars. His global stature and expertise gained across varied functions in world leading
financial services companies, positions him as a key resource to provide direction and inspiration to SVCL.
Mr. Parimal Ghelani, Director
25 years of experience in manufacturing, development and trading, he possesses expertise in technology & manufacturing of Vans Gypsum ceiling tiles. He was
instrumental in the negotiation and taking over of GSP Greens, UK. He plays a principle role in the running of the manufacturing facility at Kapoli, Pune. His expertise
in the technology and manufacturing of VANS Gypsum ceiling tiles makes him indispensible in delivering value and aesthetics to our customers.
Mr. Peter Raj Kapoor, Director
Mr. Peter Raj Kapoor is an entrepreneur, who has established a number of very successful companies in luxury lifestyle, Payment Services across Asia Pacific,
Australia and in India. Mr Kapoor has also diversified business interest in high end building construction materials which is now widely used across leading Builders
in India. He is Managing Director of Luxury Hues Group, Radiant Hues Group and Chairman & Managing Director of Radiant Hues Group Pte Singapore
He has over 25 years of Management, Marketing and Sales Experience with P&L responsibility across large geographies within the Asia Pacific Region as well as
managing multi functional teams. From June 2003 to 2010, he was the VP & GM for Global Merchant Services at American Express International. Through the
introduction of a series of innovative initiatives and strategic partnerships, he significantly grew American Express share in several Asian markets. In addition, he
was the Strategic Head for Merchant Sales for Japan, Asia and Australia from 2007-2009. Prior to 2003, he was the Head of the Merchant Business in India. Mr
Kapoor has been associated with American Express for over 20 years and is well known within the Card Industry across the Asia-Pac region
11BUSINESS HEADS
Mr. Atul, Vice president
An accomplished Marketing Professional, drove ambitious benchmark-setting, growth & expansion in operations & businesses with nearly 30 years of experience in
Indian & International markets. Achievement-driven with outstanding cross-cultural experience & domain like Organic Business Growth, Profit Centre Operations,
People Management and Sales & Marketing being the major ones. Commenced career with “Construction Building Materials industry” with “Leading Indian
business house – Birla Group” then with “UK multinational- BPB Gypsum Ltd.” & later on growth patch in “French multinational-Saint-Gobain Group” which
offered wide exposure on diverse technologies and environments.
Mr. Hema Mohan, General Manager
Mohan is a seasoned sales professional with over 20 years’ experience representing various building materials viz. sanitaryware, tiles, tile adhesives, wall putty and
wall plasters across South India. As a thought leader, he has spearheaded strategic sales planning and has substantially increased the revenue potential in highly
competitive markets. His strong commercial acumen with an untiring commitment has gone a long way in his key account management, large-scale contract
negotiations, order fulfillment and developing new account relationships. Mohan heads the sales team of Tamilnadu, Andhra Pradesh and Telengana. This
management graduate believes in the saying “Hard work pays; performer stays!”
12PRODUCT SUITE
13PRODUCT PROFILE
CEILING TILES
GYPSUM WALL PLASTER
GYPBOND
14VANS CEILING TILES
CEILING TILES – KEY FEATURES
VALUE AND AESTHETICS THAT LAST FOREVER
• DURABLE
LONG LASTING • SAG RESISTANT
• STRONG
ENERGY • SAVES ON LIGHTING
EFFICIENT • HEAT EFFICIENT
NOISE • BETTER NOISE REDUCTION
REDUCTION
• BETTER LOOKS
GREAT • LASTING BEAUTY
AESTHETICS • CUSTOM DESIGNED TILES
16CEILING TILES – KEY FEATURES
ECO-FRIENDLY: Enhancing productivity through a safe, healthy and happy work place
• FIRE RESISTANT
LONG LASTING • EMISSION FREE ENVIRONMENT
• NO CARCINOGENIC MATERIALS
• BACTERIA RESISTANT AND FUNGUS PROOF
GREAT INDOOR AIR
• DUST FREE
QUALITY • NATURAL GYPSUM
NOISE REDUCTION, • QUIETER WORK PLACES
BRIGHT AND • BRIGHTER WORK PLACES
COMFORTABLE • COMPFORTABLE TEMPERATURE
17CEILING TILES - TYPES
Classic Open Cell Selects
Elegant Signature Dome Concealed
18KEY CEILING TILES PROJECTS
• Presidency college
• Manipal College
• NGP College
• Ramaiah Dental College
• Mirage
• MIOT Hospitals
• GVR Tech Chennai,
• Meiban Engineering
• Nexg Space Creators
• Atmosfaira Impex Pvt Ltd
• Nspira Management Services Pvt Ltd
• VGN
• Nissan
• Michelin
• Infosys
• New Gen Digital Works Pvt Ltd
• DLF IT Park
19VANS GYPSUM
WALL PLASTER
20VANS GYPLAST
VANS Gyplast is a pure gypsum based plaster suitable
for most internal wall & partition surfaces including
brick, block and concrete.
It consists essentially of pure gypsum hemihydrate
formulated with special additives to control working
and setting characteristic. It contains pure gypsum in
natural form also eliminated from all impurities.
It gives plaster an unmatched workability because of its
smoothness, coverage and ease of application. It dries
to provide super white, smooth and fine finish for
painting.
VANS Gyplast provides great wall finish with reduced
time and cost to the customer.
21VANS GYPLAST – KEY FEATURES
VANS Gyplast can be directly applied, single coat application
Crack Free - Free from shrinkage, crack and powdering
High coverage up to 92 m2/t
Excellent strength on drying- Ultra white and smooth finish
Enhanced light reflection- Imparts true colour tone and gloss for paint
Compatible with any type of paint
Humidity resistant- Highly resistant to moisture
Hygienic - Does not allow bacteria or fungus getting formed on it
Fire & Humidity Resistant
Lightweight & Thermal resistance
Thickness can go up to 32mm for wall and 10 mm for ceilings
Affordable with 12 months shelf life
22COMPARISON CHART
Product Direct Line & Smooth Time Quality Water Shrinkage
Application Level Finish Saving Assurance Curing Cracks
Comparison
Sand Cement
Plaster - - - -
Does Not
POP - - - Require
VANS GYPSUM Does Not Do not
Plaster Require Appear
23KEY GYPLAST PROJECTS
Company Name Prestige Group DLF CEEBROS Ozone Group
Project Name Prestige Bella Vista Commander’s Court SNN Engineering College The Atlantic The Metrozone
Location Chennai Chennai Chennai Chennai Chennai
Company Name Prestige Group Prestige Group Embassy Group Embassy Group DAN hotels
Project Name Prestige Sunrise Park Prestige Lake Side Embassy Lake Terraces Embassy Pristine DAN Hotels
Habitat
Location Bangalore Bangalore Bangalore Bangalore Bangalore
24GYPLAST PROJECT LIST
Project Name Developer/Contractor Project Name Developer/Contractor
Bella Vista Prestige Group Ashraya BBCL
Commender Court DLF O2 Square Seyes Properties
Opaline Sequal Olympia Group PBSR Smondo Capacite Infra
Emami Tejomaya Emami Reality Incor- One City Tata Projects
Atlantic Ceebros Jyothi Cosmos Vamsiram Builders
174 Ceebros Avalon Manbhum Construction
Metrozone Ozone Group Prestige Lakeside Habitat Prestige Group
Messeys Casa Grande Prestige Sunrise Park Prestige Group
Aristo Casa Grande Embassy Lake Terraces Embassy Group
Aurum Pacifica Embassy Pristine Embassy Group
Krona VGN Brigade Panorama Brigade Group
Stafford VGN Ankshu Ecstasy Green Earth Projects
Costa VGN Kumar Prince Ville Kumar Properties
Temple Town VGN Fortius Infra Under the Sun Fortius Infra
Green Woods Sristi Classic Land Mark Classic Group
Risington Doshi Housing Aswani Sunshine Aswani Properties
SBIOA- Unity Enclave State Bank of India Godrej Eternity Godrej Properties
Blossom Advait Homes Golden Gate Panorama Golden Gate Properties
Iris Mahindra Lifespace East Point Assetz Property Group
Vajra BBCL Prestige Falcon City Prestige Group
Navarathina BBCL Vaishnavi Terraces Vaishnavi Group
Aswani Aesha Aswani Properties Prince Town Royal Marigold Properties
25GYPBOND
VANS GYPBOND
Gypbond is a ready-to-use internal plaster bonding agent with added aggregates, used as a primer/bonding aid
prior to plastering on surfaces such as concrete, plaster and difficult, low or non-porous substrates.
WHY
Bonding agent for GYPBOND? No hacking on
smooth surfaces wall
Ready to use, one Phthalate free Perfect for use on
cost application formulation smooth substrates
27 27BENEFITS TO KEY STAKEHOLDERS
BUILDERS APPLICATORS END USERS
Green material Easy to apply with smooth and No shrinkage cracks on walls
consistent paste and ceilings
Quality offering-Shrinkage crack
free surfaces - smooth finish Enhanced coverage – better per Reduction in the time required
day productivity for plastering and this helps in
High productivity – faster work timely possession of homes
(Reducing plastering time by Smooth and super white finish
Perfectly lined, leveled, smooth
70% ) – customer appreciation &
walls
work satisfaction
No water curing required Saving on electricity used for air
100% natural product without any
Performance – Durability, light conditioning as gypsum has
lime content – safe, non
weight (Reduces dead load on very low thermal conductivity
hazardous to skin and health
structure)
Available in Quick setting
Cleaner sites - direct application
formulation- efficient workability in
bagged product
cold and moist climatic condition
28SWOT ANALYSIS
29SWOT ANALYSIS
Strength : Weakness:
Eco – friendly products Strength Weakness Low Brand visibility
Diversified client base Acceptability of Product
Strong Management team
Opportunities :
Opportunities Threats
Threats :
Introduction of new products and
services (Metal Frame &
Accessories, Jointing and Finishing) Competitive Market
Opportunity to tap B2C market and Rising cost of raw materials
expand the institutional client base Increase in skilled labor costs
Enter new geographies within India
30FINANCIALS &
BUSINESS INDICATORS
31FINANCIAL STATEMENT
Income Statement (INR mn)
Particulars FY2013 (A) FY2013 (B) FY2015 (A) FY2016 (A) FY2017 (A)
Revenue 17.29 49.11 69.25 80.55 105.58
Growth% 184% 41% 16.31% 31.07%
EBITDA -8.39 -39.42 4.72 6.45 5.73
EBITDA Margin Nm Nm 6.8% 8.02% 5.59%
PAT -8.75 -40.05 1.60 3.45 2.14
Pat Margin Nm Nm 2.3% 2.49% 1.18%
Balance Sheet (INR mn)
Particulars FY2013 (A) FY2014 (A) FY2015 (A) FY 2016 (A) FY 2017 (A)
Net Worth -32.12 -72.06 -72.12 -53.81 -51.64
Long Term Current Liability Loan & Advance 7.79 52.53 72.24 76.27 77.09
(Associate Concern)
Long Term Trade Payable (Associate Concern) 23.14 23.14 29.67 26.14 30.00
Other Trade Payable & Current Liabilities 1.66 6.47 16.44 56.02 34.52
Non Current Assets 1.09 3.93 17.84 33.81 46.74
Current Assets (excl. cash) 14.70 40.54 43.08 46.64 44.33
Net Current Assets -18.89 -60.71 -75.87 85.65 97.28
Cash 1.30 0.37 1.94 0.43 1.07
Total Assets 17.10 44.85 62.87 80.89 92.15
32VANS GYPSUM- INCOME PROJECTION
2016-17 2017-18 2018-19 2019-20
Y/E MARCH INR (Million)
Actuals Projection Projection Projection
SALES 121.2 168.4 225.8 291.2
Change % 27 38.9 34.1 29.0
Gross Margin 28.5 39.6 53.1 68.4
GM % 24 24 24 24
Opex 23.5 25.8 28.4 31.3
Marketing Cost 0 5 6 7
Earning before interest, taxes, depreciation &
amortization 5.0 8.8 18.7 30.1
EBITDA Margin (%) 4.1 5.2 8.2 10.3
Depreciation 4.5 4 3.5 3
EBIT 0.5 4.8 15.2 27.1
Interest 0 0 0 0
Profit before tax 0.5 4.8 15.2 27.1
Tax 0.1 0.96 3.04 5.42
Tax/PBT (%) 0.41% 2.85% 6.73% 9.30%
Profit after Tax 0.4 3.8 12.2 21.7
33CAPITAL STRUCTURE
CURRENT STRUCTURE
Shareholders No of Shares % Holding
VANS Pte Ltd (Singapore) 15,621 49.0%
Vijay Parekh 8,310 26.0%
Peter Raj Kapoor 4,770 15.0%
Parimal Ghelani 3,200 10.0%
Total 31,901 100.0%
PROPOSED STRUCTURE
Shareholders No of Shares % Holding
VANS Pte Lte 15,621 39.1%
Vijay Parekh 8,310 20.9%
Peter K Kapoor 4,770 12.0%
Parimal Ghelani 3,200 8.0%
New Investor 8,000 20.0%
Total 39,901 100.0%
34VANS GYPLAST SALE
GYPLAST SALE IN METRIC TONNES
14000
12000
10000
8000
6000
4000
2000
0
Mumbai Pune Bangalore Hyderabad Chennai Total
April 2015 March 2016 April 2016 March 2017 April 2017 March 2018
Actuals April 2017 - Dec Projections Jan 2018 -
FY 2015-16 FY 2016-17 2017 March 2018 FY 2017-18 (P) % B/W
Mumbai 539 982 849 750 1,599 63%
Pune * 2,529 2,840 1,321 1,200 2,521 -11%
Bangalore * 4,032 4,860 2,284 1,500 3,784 -22%
Hyderabad - 669 625 600 1,225 83%
Chennai 1,664 2,639 2,419 1,350 3,769 43%
Total 8,763 11,990 7,498 5,400 12,898 8%
*Tightened supply due to risk criteria in Pune and Bangalore
36GYPLAST SALE (IN INR)
Value in Million
120.00
100.00
80.00
60.00
40.00
20.00
-
Mumbai Pune Bangalore Hyderabad Chennai Total
FY 2015-16 FY 2016-17 FY 2017-18 (P)
Actuals April 2017 - Dec Projections Jan 2018 -
FY 2015-16 FY 2016-17 2017 March 2018 FY 2017-18 (P) % B/W
Mumbai 4.73 7.70 6.92 6.11 13 69%
Pune 20.49 22.49 10.06 9.14 19 -15%
Bangalore 41.84 51.82 22.48 14.77 37 -28%
Hyderabad - 6.31 5.81 5.58 11 80%
Chennai 15.15 21.91 22.33 12.46 35 59%
Total 82.21 110.24 67.61 48.06 116 5%
*Since 01st July 2017, Sales price includes 5% GST viz 14% leveid as VAT in previous month & year.
37GYPLAST SALE PROJECTION (IN METRIC TONNES)
GYPLAST Sale Projection in Metric Tonnes
35,000
31,250
30,000
25,000
25,000
20,000
20,000
16,000
15,000
10,000
5,000
-
FY 2018-19 FY 2019-2020 FY 2020-2021 FY 2021-2022
Metric Tonnes 16,000 20,000 25,000 31,250
Metric Tonnes
38GYPLAST SALE PROJECTION 2018 (IN INR)
INR (million)
300
250
200
150
INR (million)
100
50
-
FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22
Projections FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22
INR (million) 136 170 212 265
39GYPLAST NET YIELD PER KILOGRAM
Period: Jan 2017 - Dec 2017
Value in INR
Cost of Material
Selling Price Yield * Net Yield ** Margin
+ Shipping
Mumbai 8.14 6.21 4.45 1.76 22%
Pune 7.61 6.21 4.45 1.76 23%
Chennai 9.23 7.72 5.45 2.27 25%
Bangalore 9.84 7.80 5.45 2.35 24%
Hyderabad 9.30 6.81 5.00 1.81 19%
Total 8.98 7.22 5.11 2.11 23.5%
* Yield = Selling Pricing Less Transport, VAT/GST, Loading/Unloading
** Net Yield = Yield Less Cost of Material, Shipping and Custom Duty
40VANS TILE SALES
VANS CEILING TILE SALE
Priority Cities
FY 2016 FY 2017 Growth (%)
Mumbai, Bangalore, Chennai, Pune, Hyderabad
SALES in Sqft 121976 173612 42.3%
SALES in INR (Million) 4.76 5.20 9%
Selling price per sqft (INR) 39.00 30.00 -
* Average selling price was reduced in 2017 with launch of classic series Tiles for large space requirement.
42VANS CEILING TILE SALE PROJECTION
Priority Cities
FY 2017 FY 2018 FY 2019 FY 2020
Mumbai, Bangalore, Chennai, Pune,
Hyderabad
Q1 1,80,000 3,60,000 6,00,000
SALES in Sqft 1,73,612 Q2 2,40,000 4,20,000 6,00,000
Q3 3,00,000 4,80,000 7,20,000
Q4 3,60,000 6,00,000 7,20,000
TOTAL 1,73,612 10,80,000 18,60,000 26,40,000
SALES in INR (Million) 5.20 32.40 55.80 79.20
Selling price per sqft (INR) 30.00 30.00 30.00 30.00
43TILE NET MARGIN
Value in INR
Selling Price Cost of Material Glass Fibre, Packaging and Frieght & Net Margin %
Labour TAX Margin
VANS TILE 30.00 5.11 10.00 7.00 7.89 26%
44KEY CLIENTS
45KEY CLIENTS
Diversified client base over various sectors proves strength in company’s product
46KEY CLIENTS
47ORDER COPIES
48ORDER COPIES
49MARKETING & COMMUNICATION
50EDM- WALL PLASTER
51EDM- GRG CEILING BOARDS
52EDM- GRG CEILING TILES, WALL PLASTER & GYPBOND
53TEST REPORT
54TEST REPORTS
55TEST REPORTS
56TEST REPORTS
57ANNEXURE
58ORGANIZATION STRUCTURE
Vijay Parekh
(Chairman)
Peter Raj Kapoor Parimal Ghelani (Director)
( Director) (Global procurement & Imports)
General Manager General Manager Atul Garg
South II South I
(Suresh Kumar) (G.Hema Mohan) Vice President Sales Accounts / Admin Logistics Marketing Production
Bangalore Tamil Nadu / Head of Tiles Team
Hyderabad
G.Vinod M.Ganesha Moorthy Abhijeet Srivastava Salman Kadri V.B.Shijosh Udayakumar KANNAN Manoj Vora
Area Sales Manager Area Sales Manager Dy. RSM (Pune) RSM (Mumbai) (Chennai) Asst.Manager Marketing Head of Production
(Chennai) Manager
Vishal Raju Islampure X.Jarald Jahangeer Raj Mahesh VijayPailwan Neeta Thoravase
Technical Area Sales Manager Dy. RSM (Pune) ASM (Mumbai) (Mmbai) Avinash Sonu Bhushan Sonavane
Coordinator Pawar Head of
Manager Manufacturing
Sudha (Mumbai)
Shunmuga Sundaram Tinkoo Kumar Open Position
(Chennai)
Area Sales Manager Area Sales Manager ASM (Mumbai)
(Pune) Kunal Desai
Srinivasa Rao Vivek Balram Quality Assurance &
Pavan Kumar (Bangalore) Shrike Packing Supervisor
Mailarapu Manager
Area Sales Manager (Khopoli)
Vijay Sundar Akash Dilip Jadhav
(Hyderabad)
(Ghatkopar) Assistant Supervisor
E.Chandra Sekhar Avinash Ganpat
Goud (Ghatkopar)
Note : Sales Manager
Current staff strength 31 (Hyderabad)
Count does not include factory staff
59VANS TILE SPECIFICATION
Calcium Mineral Fibre Other Gypsum
Characteristics VANS Gypsum Ceilings
Silicate Ceilings Ceilings Ceilings
Ranges between RH 90 and RH
RH 96
100 and come with a 10 -15 RH 90
Humidity year guarantee. These tiles, Tiles do not retain absorbed
RH 100
however, do absorb water Reliable as the product moisture
Resistance
when in direct contact with it. is Gypsum
Max. Value of RH 100
30 year anti-sag warranty
Class 0/ class1 Class 0/ class1 Class 0/ class1 Class 0/ class1
Fire Resistance under BS 476 under BS 476 under BS 476 under BS 476
part VI & VII part VI & VII part VI & VII part VI & VII
Light Resistance > 85% > 85% > 75% ≤93%
0.10 to 0.75 0.76
Sound 0.10 to 0.75 0.10 to 0.75
depending on Up to 0.90 for Acoustic
Absorption(NRC) depending on product depending on product
product Range
Sound Attenuation 32 Db 34 dB 28 dB 38 Db
60VANS TILE SPECIFICATION
Calcium Mineral Fibre Other Gypsum
Characteristics VANS Gypsum Ceilings
Silicate Ceilings Ceilings Ceilings
Thermal Conductivity 0.043 w/mC 0.057/w/mC 0.16/w/mC 0.45 w/mK
600mm X 600mm X
600 mm X 600 mm 600 mm X 600 mm 600mm X 600mm
Size (7 / 8 / 9 / 11 / 12 / 15 / 20 / 24
X 15 mm X 12 / 15 / 19 mm X 9 / 12 mm
/ 29 / 34) mm
Edge Square and Tegular Square and Tegular Only Square Square and Tegular
2.20 – 2.50 Kg / tile (7 – 9 mm)
2.50 - 2.80 Kg/tile (12 mm)
Weight 5-5.5 Kg/m2 3.8 Kg/m2 12.5 Kg/m2 2.50 - 3.00 Kg/tile (20mm)
3.30 - 4.00 Kg/tile (29 mm)
5.40 Kg/tile(34mm)
61GYPLAST PRODUCT SPECIFICATION
Physical Property
Dry Bulk Wet Bulk Initial Setting Final Setting Compressive Compressive Approx.
Density Density Time Time Strengths (24 Strengths (48 Coverage*
Parameters
Hours) Hours
667-695 1.32 – 1.46 14-18 24-26 43.80 kgf/cm2 44.12 kgf/cm2 87-92 m2/t
Unit Kg/m3 gm/cm3 Minutes Minutes
Chemical Property
Silicon Aluminum Iron(III) Calcium Diphosporus Manganese Sulphur Sodium Potassium Loss On
Parameters dioxide Oxide oxide Oxide Pentoxide oxide Trioxide oxide oxide Ignition
(SIO2) ( AI203) (Fe203) (CaO) (P205) (Mn0) (So3) (Na2O) (K2O) (L.O.I)
0.07% n.d. n.d. 38.80% n.d. n.d. 54.60% 0.01% 0.01% 5.72%
Unit
62GYPBOND SPECIFICATIONS
Technical Details
Specific Gravity 1.22g/ml
Viscosity 6000 - 12000 cP
Coverage Depending upon surface porosity approximately . 7.5m2/ Kg
Bonding Stress 0.65 N/mm2
Drying Time 24 hours
Adhesion Good adhesion to cement/ precast concrete surface
Shelf Life 2 years when stored in cool, dry conditions.
Storage Conditions Store in cool, dry conditions in the original sealed container away from
direct sunlight.
Store between 5°C and 30°C.
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