Mamata Machinery

Limited
Investor Presentation
December 2024
 Disclaimer

Mamata Machinery Limited (The “Company") is contemplating the potential, subject to necessary approvals, market conditions, and other
considerations, of initiating an initial public offering of its equity shares ("IPO") and has submitted the Red Herring Prospectus to the
Platform of BSE, NSE and SEBI. Prospective investors should be aware that investing in equity shares involves a significant level of risk. For
detailed information regarding such risks, potential investors are advised to refer to the section titled "Risk Factors" in the Red Herring
Prospectus. It is crucial to note that certain visuals utilized in this presentation may be for illustrative purposes only, aiming to convey the
broad categories that the company actively engages with. This presentation is created by Mamata Machinery Limited (the "Company") solely
for informational purposes and does not constitute an offer, recommendation, or invitation to purchase or subscribe to any securities. It
shall not be considered as the basis or relied upon in connection with any contract or binding commitment whatsoever. The issuance of
securities by the company will only take place through a statutory offering document containing comprehensive information about the
company. This presentation is compiled by the company based on information and data deemed reliable, but the company makes no explicit
or implied representation or warranty whatsoever. No reliance should be placed on the truth, accuracy, completeness, fairness, and
reasonableness of the contents of this presentation. Information contained in Red herring prospectus should only be relied upon, company
do not ensure the accuracy and correctness of the contents mentioned in this presentation. It may not encompass all relevant information,
and any liability regarding the contents or omissions of this presentation is explicitly disclaimed. Certain topics discussed in this
presentation may involve statements concerning the Company's market opportunities and business prospects that are forward-looking.
These forward-looking statements are not assurances of future performance and are subject to known and unknown risks, uncertainties,
and assumptions that are challenging to predict. Such risks and uncertainties include, but are not restricted to, the performance of the
Indian economy and global markets, industry performance, competition, successful strategy implementation, future growth, technological
changes, and other factors. The Company assumes no obligation to update any forward-looking information contained in this presentation.
Any third-party forward-looking statements and projections included in this presentation are not endorsed by the Company, and the
Company is not accountable for such third-party statements and projections.

Investor Presentation 2
Company Overview
 Mamata Machinery: Pioneering Global Packaging Machinery Solutions

o Mamata Machinery Limited (Mamata, The Company), started commercial

operation in 1989 with Bag and pouch making machines. Over the years,
expanding its product portfolio with packaging machines and co-extrusion
machines.
o The company has installed over 4,500 machines across 75 countries till date.
o The company serves a wide range of applications in growing sectors like FMCG,
food & beverage, consumer goods, and e-commerce sectors globally.
o Supported by a strong global sales network with its wholly owned subsidiary
Mamata Enterprises Inc. in the USA and agents in Europe, South Africa, and Asia.
o Trusted by leading brands such as Balaji Wafers, Emirates National Factory,
Laxmi Snacks, Jflexy Packaging, Chitale Foods, Gits Food Products among others.
o The company’s commitment to innovation is reflected in its Industry 4.0 certified
machines, with ability of remote diagnostics and ability to process recyclable
films.
o With state-of-the-art manufacturing facilities in Ahmedabad, India (ISO
9001:2015 certified) and Bradenton, Florida, USA, Mamata Machinery maintains
quality standards.

Investor Presentation 4
 Mamata Machinery @ Glance: Key Facts & Figures

35+ years in 2 international 197 Global reach ISO Certified 9001:2015

business offices- Florida, Team Size across 75 for design, manufacture, installation
Illinois countries and services

R&D Team: 65.28% Over 4,500 Best Plastics and 4 Patents Granted:
Polymers Brands Award
87 engineers & Export Sales machines High-speed bag stacking,
by Economic Times
application experts in FY24 installed globally Flat-bottom pouch-making,
(No. Of Awards-5) (2019-
Multi-Purpose Sealing Module,
2022)
A Cross Sealing Device

FY24 (in millions)

Marketed under the
Revenue- 2,366.11
Brand- Vega and Win
EBITDA- 471.78
PAT- 361.25

Investor Presentation 5
 Major Achievements And Milestones

1989 1997 2022

Started commercial Entered plastic 2003 Introduced
operation as a extrusion Incorporated secondary packaging
1991 business automation
manufacturer of wholly owned
Introduced servo
microprocessor- foreign subsidiary,
technology
controlled bag Mamata
making machines 1992 Enterprises Inc for
Entered exports operation in USA 2022
market Introduced
vertical form fill
seal (VFFS)
machine

Investor Presentation 6
 Distinguished Awards, Certifications & Accomplishments

2006 2010 2011 2012

Certificate of Excellence in Silver trophy for top micro Gold trophy for top micro Silver trophy for top micro
productivity, quality, enterprise exporter from enterprise exporter from enterprise exporter from
innovation, and EEPC India, Western EEPC India, Western EEPC India.
management from Region. Region.
Institute of Economic
Studies (IES)

2019
2015 2017 to
2023

Award for export Award for export excellence in The Best Plastics and
excellence in miscellaneous special Polymers Brands Award by
miscellaneous special machinery, small enterprise Economic Times.
machinery , small category from EEPC India,
enterprise category, from Western Region.
EEPC India.
Pick fill seal machine model
PFS 260 awarded
PACMACHINE 2017 by the
Indian Institute of Packaging

Investor Presentation 7
 World-Class Manufacturing Facilities: Asset-Light, Cost-Effective

The company's manufacturing facilities are equipped with comprehensive testing and quality control systems.

Ahmedabad Capabilities: Florida

CAD design, software
Manufacturing Capabilities Facilities: development, assembly, testing. USA (650.32 sqm)
Sarkhej - Bavla Highway, Sanand, Ahmedabad,
Gujarat (20,662 sqm)

Asset light and cost competitive manufacturing base with extensive vendor network developed over the years.

Investor Presentation 8
 Manufacturing Process & Operational Model Insights

Design And Body Mechanical Sub-Assemblies, Electrical And Packing And

Software Fabrication Components Assembly, Electronic Dispatch
Development Painting & Final Shop
Integration

In House Outsourced

• Mamata Machinery focuses on in-house high-end design, engineering, assembly, and testing while outsourcing mechanical tasks.
• Software and coding required for controlling the machines are developed in-house at the manufacturing facility of a company.
• Products are built to order, with designs provided by the company, supported by a dedicated vendor network for component
Optimised
manufacturing.
Manufacturing • Components like servo drives, HMIs, and electronics are sourced externally.
Facility • The company’s robust IT infrastructure includes Microsoft SQL servers and a fully customized in-house ERP system covering all key
operations.

Investor Presentation 9
 Global Footprint: Offices, Agents & Market Reach

International Offices:
Bradenton, Florida, USA;
Montgomery, Illinois, USA.

Sales Agents:
Over 5 countries including Europe, South
Africa, and Asia.

Global Sales Network:

Serving 75 countries.

Investor Presentation 10
 Revenue Bifurcation By Geography

(In %) (In %) (In %) (In %)

30th June, 2024 Fiscal 2024 Fiscal 2023 Fiscal 2022
27.86
49.83 36.60
35.59 33.76 27.18 32.34
1.08
41.23

3.31 0.29
0.08
22.96
9.82 19.88
4.60 19.20 4.56
9.32 2.52 7.26 3.80 1.12

India United States Of America Canada Mexico Kuwait Portugal South Africa Rest of the World
In ₹ Million & In %
Particulars 30th June, 2024 % Fiscal 2024 % Fiscal 2023 % Fiscal 2022 %
India 76.96 27.86 798.70 33.76 546.00 27.18 621.79 32.34
United States Of America 2.98 1.08 454.37 19.20 461.11 22.96 382.21 19.88
Canada - - 59.74 2.52 145.84 7.26 21.45 1.12
Mexico - - 108.87 4.60 91.69 4.56 73.08 3.80
Kuwait 27.12 9.82 - - - - - -
Portugal 25.74 9.32 78.26 3.31 - - - -
South Africa - - - - 1.61 0.08 5.64 0.29
Rest of the World 137.62 49.83 841.99 35.59 735.27 36.60 792.70 41.23
Total 270.42 2,341.93 1,981.52 1,896.87

Investor Presentation 11
 Key Clients Driving Success Across Diverse Sectors

Top Clients: Balaji Wafers, Dass Polymers, Jflexy Packaging, Emirates National Factory.

Food & Beverages

Packaging Industry Plastic Industry
Industry

Client
Industries:
Food &
Beverages,
Packaging service
providers, Plastic
Industry

Investor Presentation 12
 Key Customer Contributions To Operational Performance

30th June, 2024 (In %) Fiscal 2024 (In %) Fiscal 2023 (In %) Fiscal 2022 (In %)

59.62 21.39 19.67 20.19

74.64 31.69 30.00 30.59

Top Five Customers Top Ten Customers

In ₹ Million & In %

Particulars 30th June, 2024 % Fiscal 2024 % Fiscal 2023 % Fiscal 2022 %

Top Five Customers 161.86 59.62 501.07 21.39 390.07 19.67 382.28 20.19

Top Ten Customers 202.61 74.64 742.70 31.69 594.82 30.00 579.06 30.59

Investor Presentation 13
 Expanding Market Presence Through Targeted Exhibition Campaigns

India Plast Iplex – Bangalore Plastvision India

K Trade Fair – Germany Sweets and Snacks Expo – USA Gulfood – Dubai

Investor Presentation 14
 Experienced & Visionary Board Of Directors

Mr. Mahendra Patel Mr. Chandrakant Patel Ms. Ruchita Patel Ms. Neha Nowlakha
Chairman and Managing Joint Managing Director Independent Director Independent Director
Director
Over 30 years of experience Over 8 years of experience Over 20 years of experience
Over 40 years of experience

Mr. Subba Bangera Mr. Munjal Patel

Independent Director Independent Director

Over 20 years of experience Over 20 years of experience

Investor Presentation 15
 The Expertise Behind Operations: Core Management Team

Mr. Apurva Kane Mr. Dharmisth Patel Mr. Prashant H. Pandya Mr. Snehal Patel Madhuri Sharma
CEO President MEI Business Head VFSS Business Head HFFS CS & Compliance
Division Division Officer
Over 40 years of Over 20 years of
experience experience Over 40 years of Over 33 years of Over 14 years of
experience experience experience

Mr. Dharmendra Panchal Mr. Hemang Mistry Mr. Dipak Modi Mr. Jignesh Shah Mr. Kishan Patel
Business Head Converting Senior Manager Design CFO IT Head HR & Admin Head
Over 36 years of Over 27 years of Over 24 years of Over 25 years of Over 33 years of
experience experience experience experience experience

Investor Presentation 16
 Building On Strengths: Core Competencies & Strengths

Global customer-
Customized centric network
systems expertise:
Leading exporter of Technology & As of September 30, Experienced
machinery: The company uses Innovation-driven 2024, the company Management Team:
advanced quality products: serves a global
With 35+ years of manufacturing customer base across The company boasts a
experience and over infrastructure and The company leverages 75 countries, efficiently qualified senior
4,500 global technology to customize technology and expanding its footprint management team with
installations, the solutions, enhance innovation-focused in key markets like Asia significant expertise in
company is one of the efficiency, and deliver development to design Pacific, the USA, and the finance, manufacturing,
leading exporter of award-winning high-quality products European Union through and sales, positioning it
plastic bag and pouch products. that meet evolving a strong sales network. well to capitalize on
production machinery. market demands and future growth
drive industrial opportunities.
excellence.

Investor Presentation 17
Business Overview
 Extensive Product Range With Global Support & Services

Bag & Pouch Making Machines: Packaging Machines: Co-Extrusion Blown Film Machines:
Side/bottom seal, universal, servo HFFS, PFS, VFFS, Multi-Lane Sachet. Mono, 3 layer, 5 layer & 7 layer.
wicketers, etc.

Attachments After-sales
Modular and customizable options. Global support network
& Spares Services:

Investor Presentation 19
 Cutting Edge Solutions: Bag & Pouch Making Machines

Side Seal Bag Maker Bottom Seal Bag Maker Universal Machines Servo Wicketers

Center Seal And Three Side Stand Up Zipper Pouch Maker In Line Spout Pouch Maker Vega Plus And Flat Bottom
Seal Pouch Makers Pouch Making System

Types: Technical Specs: Key Applications:

Side/bottom seal, universal, 10 to 120 microns thickness, Handle bags, garment bags,
servo wicketers, center seal, up to 450 cycles per minute. hygiene bags, zipper bags.
stand-up zipper.

Investor Presentation 20
 Packaging Machines: Comprehensive Packaging Solutions

Horizontal Form Fill & Seal Machines:

High-speed, small footprint, laminate and co-
extruded films.

Pick Fill Seal Machines:

High-speed, large format pouches, multiple
HFFS Pouch Machines Pick-Fill-Seal (PFS) Machines changeovers.

Multi-Lane Sachet Machines:

100 cycles per minute, up to six lanes.

Vertical Form Fill Seal Machines:

Packaging for solids, liquids, powders, granules.

Multi-Lane Sachet Packaging VFFS Machines

Machine

Investor Presentation 21
 Comprehensive Co-Extrusion Blown Film Machines

Mono & 3 layer Lines:

900-1750 microns, up to 900 microns output.

Mono and 3 layer film lines 5 & 7 layer Lines:

Advanced extrusion capabilities for complex
films.

Key Applications:
Lamination films, shrink films, stretch cling,
industry liners.

5 and 7 layer lines

Investor Presentation 22
 Comprehensive Revenue Breakdown By Product Categories

(In %) (In %) (In %) Fiscal 2022 (In %)

30th June, 2024 Fiscal 2024 Fiscal 2023
3.20 1.81
5.30 13.76 1.91 11.31
13.34
11.14
31.78
12.17

14.77 63.41
38.45 60.51 7.39 66.82
10.35
22.76 4.31

Bag and Pouch Making Machines Co-Extrusion Blown Film Machinery Packaging Machinery Attachment & Spares After Sales

In ₹ Million & In %

Particulars 30th June, 2024 % Fiscal 2024 % Fiscal 2023 % Fiscal 2022 %

Bag and Pouch making Machines 106.19 38.45 1,500.46 63.41 1,215.33 60.51 1,284.64 66.82

Co-Extrusion Blown Film Machinery - - 102.04 4.31 207.94 10.35 142.07 7.39

Packaging Machinery 62.86 22.76 349.52 14.77 244.50 12.17 214.12 11.14

Attachment and Spares 87.76 31.78 315.71 13.34 276.42 13.76 217.38 11.31

After Sales 14.64 5.30 75.62 3.20 38.42 1.91 34.82 1.81

Total 271.45 2,343.35 1,982.61 1,893.03

Investor Presentation 23
 Pioneering Technology Through Advanced R&D & Patents

Patents:
• Four granted patents for high-speed bag stacking, flat-bottom pouch-
making, cross sealing device and multi-purpose sealing module for
plastic film-based bags and pouches making machine.

R&D Team:
87 engineers and application experts in electronics,
mechanical, software design.

Patents:
Technology Integration:
• Two granted patents for high-speed bag
Industry 4.0, remotestacking
diagnostics, and machinery
and flat-bottom with ability
pouch-making.
to process recyclable
• Two films.
applied patents for cross sealing device
and multi-purpose sealing module for plastic
film-based bags and pouches making machine

Investor Presentation 24
Industry Overview
 Essential Growth Drivers In The Global Packaging Machinery Market

(In US$ Bn)

Global Market Size of Packaging
Machinery Market
Ensures product safety through various
functions like filling, sealing, and labeling.
60.80
Crucial
Role

46.80

Growing Increasing use across food & beverages,

Demand pharmaceuticals, personal care, and e-
commerce.

Market
Growth
From USD 46.8 billion in 2022 to USD 60.8
billion by 2028, with a 4.5% CAGR. FY22 FY28P

Source: DRHP Page No 135

The global packaging machinery market is projected to grow significantly, driven by increasing demand across various industries, expanding from $46.8
billion in 2022 to $60.8 billion by 2028.

Investor Presentation 26
 Indian Packaging Sector Dynamics: Market Growth & Machinery Demand

Indian Packaging Industry: A Global Hub Soaring Demand: Expanding Markets Drive Growth in Packaging
Machinery
Economic Driver: Food & Beverage:
Key sector in India’s 3rd-largest economy (PPP) and 5th-largest in GDP. Major driver, with a projected market of USD 505 billion by 2027
Global Share: boosting packaging machinery demand.
Contributes 10-15% to the global packaging market.
Pharmaceuticals:
Rapid Growth: Significant growth, with the market expected to rise from USD 49.78
Projected to grow from USD 50.5B in 2019 to USD 130.14B by 2023.
billion to USD 130 billion by 2030, increasing packaging needs.
Competitive Edge:
Up to 40% lower costs than some European regions. FMCG Sector:
7.5% growth in Q2 2023, with a market value of USD 56.8 billion and
Government Boost:
Supported by 'Make in India' and GST reforms. increased e-commerce driving higher demand for flexible packaging.
Indian Packaging Industry (In US $ Bn) India Packaging Machinery Market Size
(In US $ Bn)

209 6.00
5.50

4.20
130

50.5

FY19 FY23 FY25F FY20 FY23 FY27F

India's packaging industry is set to grow from $50.5B in 2019 to $209B by FY25, driving demand for packaging machinery, projected to reach $6B by FY27.
Source: DRHP Page No 136,151
Investor Presentation 27
 Sustainable Growth: The Rapid Expansion Of India's Flexible Packaging Market

India's flexible packaging market is projected to grow from $13 billion in 2018 to $49 billion by 2023, driven by sustainability innovations and
rising demand in key sectors.

Indian Flexible Packaging Industry: Leading the Future of Sustainable Packaging

(In US $ Bn)
Rapid Market Valued at USD 12.92 billion in 2022, projected to reach Indian Flexible Packaging Industry
Growth USD 49 billion by 2023, with 12.6% CAGR growth (2022-
2027).
49

Innovation and Flexible packaging emphasizes resource efficiency,

Sustainability offering lightweight, customizable, recyclable, and
compostable solutions that enhance product protection
and appeal.

13

Rising
Demand in Driven by increased demand for packaged food,
Key Sectors beverages, and personal care items due to superior
barrier properties and convenience. FY18 FY23E
Source: DRHP Page No 125

Investor Presentation 28
 Robust Growth In India's Packaging Trade: Export And Import Dynamics

India's packaging trade shows strong growth, with exports rising to ₹ 23.8 Bn in FY23 (21% YoY increase) and imports reaching ₹ 67.7 Bn,
driven by e-commerce demand.

Export Demand Overview: Import Demand Snapshot:

Growth: Imports:
Exports rose from INR 13.9 billion in FY 2019 to INR 23.2 billion in FY 2024, INR 73.50 billion in FY 2024, up 9% from FY 2023.
with a CAGR of 16.1%.
E-Commerce Growth:
Recent Surge: Surge in online shopping drives higher packaging needs.
Notable YoY increases of 19% in FY 2022 and 21% in FY 2023.
Top Suppliers:
China (34%), Germany (27%).

Annual Export (In ₹ Bn) Annual Import (In ₹ Bn)

28.20 73.50
67.70
23.80 62.70
19.60
15.50 16.50 42.70
36.60

FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24
Source: DRHP Page No 158 140
Investor Presentation 29
 Benchmarking Against Peer Groups: Performance & Comparison

Mamata Machinery
Peer 1 Peer 2 Peer 3
Limited
Particulars (Consolidated)
March 31, 2024 March 31, 2024 March 31, 2024 March 31, 2024

Face Value Per Equity Share (In ₹) 10.00 1.00 2.00 5.00

Total Income (in ₹ million) 2,413.08 2,012.86 3,569.18 6,146.55

EPS Basic (In ₹) 14.65 3.41 (1.19) 9.80

EPS Diluted (In ₹) 14.65 3.41 (1.19) 9.67

PAT Margin (%) 15.27 10.65 (2.18) 5.56

EBITDA Margin (%) 19.94 13.52 6.30 9.98

CAGR in Revenue from Operations (%) 17.80 10.43 (6.22) (9.29)

NAV (₹ per share) 53.59 20.59 41.07 134.52

RoNW (In %) 27.39 16.59 (2.89) 7.48

P/E - 57.16 Negative 30.64

CMP (In ₹) - 194.90 66.07 296.30

Investor Presentation 30
Financial Overview
 Consolidated Key Financial Highlights

Total Income EBITDA PAT EBITDA % PAT %

471.78 19.94

2,413.08

2,101.29 361.25 15.57

1,965.68

299.38 11.82 15.27

237.44
216.97 225.05 11.29 11.20

FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24

All Amount In ₹ Mn & Margins In %

Investor Presentation 32
 Consolidated Key Ratios

ROE (In %) (In %)

ROCE
27.76 31.29
23.12
25.73

19.41
15.71

FY22 FY23 FY24

FY22 FY23 FY24

Debt to Equity Ratio (In Times) (In Times)

Debt Service Coverage Ratio

13.86
0.2 12.55

0.15

0.09

1.51

FY22 FY23 FY24 FY22 FY23 FY24

Investor Presentation 33
 Consolidated Key Ratios

Current Ratio (In Times) Receivable Turnover Ratio (In Times)

1.21 11.36 11.84

0.99 1.03
8.62

FY22 FY23 FY24 FY22 FY23 FY24

Earnings Per Share (In ₹)

Net Asset Value Per Share
(In ₹)

14.65 53.59
47.62
38.71
8.41
8.11

FY22 FY23 FY24 FY22 FY23 FY24

Investor Presentation 34
 Consolidated Profit & Loss Statement
All Amount In ₹ Mn & Margins In %

Particulars 30th June 2024 FY24 FY23 FY22

Revenues 276.20 2,366.11 2,008.65 1,922.47

Other Income 15.73 46.97 92.64 43.21

Total Income 291.93 2,413.08 2,101.29 1,965.68

Raw Material 82.95 1,002.43 918.88 852.96

Employee costs 92.34 438.00 399.14 367.82

Other expenses 104.05 453.90 453.19 402.30

Finance Costs 1.84 15.29 10.61 11.27

Depreciation 7.50 34.13 34.26 35.94

Total Expenditure 288.70 1,943.75 1,816.08 1,670.30

Profit before exceptional, extraordinary items and tax 3.23 469.33 285.20 295.37

Exceptional Items - - - -

PBT 3.23 469.33 285.20 295.37

Tax 1.05 108.08 60.16 78.40

PAT 2.18 361.25 225.05 216.97

PAT Margin 0.79% 15.27% 11.20% 11.29%

EPS (in ₹) 0.09 14.65 8.41 8.11

Investor Presentation 35
 Consolidated Balance Sheet
All Amount In ₹ Mn
th th
30 June 30 June
Equities & Liabilities FY24 FY23 FY22 Assets FY24 FY23 FY22
2024 2024
Equity 246.08 27.34 29.72 29.72 Non Current Assets
Reserves 1,087.14 1,296.48 1,249.04 1,010.84 Fixed assets 633.29 633.80 626.85 612.91
Net Worth 1,333.22 1,323.82 1,278.76 1,040.56 Non Current Investments 4.13 3.96 2.53 1.67
Non Current Liabilities Long Term Loans and
advances
Non Current Borrowings 24.94 25.72 28.17 39.01
Deferred Tax Assets (Net) 45.90 46.98 58.60 66.60
Lease Liabilities 6.53 8.71 9.84 11.81
Other Financial Assets 398.57 478.55 604.36 425.97
Long Term Provision 3.39 5.46 2.10 2.06
Total Non Current Assets 1,081.90 1,163.29 1,292.33 1,107.16
Deferred Tax Liabilities 7.83 7.00 3.59 4.53
Current Assets
Total Non Current Liabilities 42.69 46.89 43.71 57.41
Inventories 905.87 698.02 702.81 718.08
Current Liabilities
Current Investment - - 70.00
Current Borrowings 18.49 90.24 158.17 169.60
Trade receivables 211.38 372.81 175.95 163.27
Lease Liabilities 9.54 10.05 2.95 7.55
Cash & Bank Balance 75.53 39.66 51.67 24.71
Trade Payables 345.89 275.47 252.71 305.60
Other Financial current assets 26.74 21.87 6.15 4.24
Current Tax Liabilities (Net) 19.19 28.19 12.27 5.49
Short Term Loans & Advances 6.51 11.51 - -
Other Current Liabilities 630.03 583.35 513.81 555.55
Other Current Assets 100.53 67.71 55.77 75.83
Provision 9.42 16.86 22.30 21.54
Total Current Assets 1,326.57 1,211.58 992.35 1,056.13
Total Current Liabilities 1,032.56 1,004.16 962.22 1,065.32
Total Assets 2,408.48 2,374.87 2,284.68 2,163.29
Total Liabilities 2,408.48 2,374.86 2,284.68 2,163.29

Investor Presentation 36
 Consolidated Cash Flow Statement
All Amount In ₹ Mn

Particulars 30th June 2024 FY24 FY23 FY22

Cash from Operation (18.08) 193.74 171.70 371.92

Cash from Investments 79.04 124.34 (96.84) (350.12)

Cash from Financing (0.30) (362.66) (29.96) (33.32)

Net Cash Flow 60.66 (44.58) 44.89 (11.51)

Investor Presentation 37
Issue Overview
 Issue Highlights

Offer Size (No. of Shares) Up To 7,382,340 Equity Shares No. Of Equity Shares 24,607,800 Equity Shares

Face Value ₹ 10/- Each

Post Issue Implied Market Cap ₹ 597.97 Crore (at Upper Price Band)
Offer Size ₹ 179.39 crore (at Upper Price Band)

Price Band ₹ 230 to ₹ 243 per share Pre Issue Holding

Lot Size 61 Equity Shares

Promoter & Promoter Group 22,749,910 Equity Shares 92.45%
Issue Period
Public 1,857,890 Equity Shares 7.55%
Anchor Bidding 18th December, 2024

Issue Opens 19th December, 2024 Listing On BSE & NSE

Issue Closing 23rd December, 2024

Offer Structure

QIB ( Including Anchor Quota) Up To 3,673,670 Equity Shares

HNI Not Less Than 1,102,101 Equity Shares

Retail Not Less Than 2,571,569 Equity Shares

Employee Up To 35,000 Equity Shares

Investor Presentation 39
The Way Forward
 Strategic Growth Path: Vision For Expansion & Innovation

Diversify and expand customer reach:

The company plans to expand packaging machine
exports to Europe, Africa, and the Middle East in
addition to USA & India to grow international market
share and improve margins.

Broaden product innovation:

The company aims to strengthen customer
relationships, expand product offerings globally, and
diversify into new FMCG sectors while innovating in
food packaging.

Optimize costs and efficiency:

The company will leverage process engineering, lean
manufacturing, and technology upgradation,
including existing of ERP, to boost productivity and
scale.

Investor Presentation 41
 Investment Rationale: Core Strengths Driving Future Growth

1 2 3

Strong Market Position Comprehensive Product Portfolio Robust Financial Performance

o Global Leader: o End-to-End Solutions: o Consistent Revenue Growth:
With over 4,500 machines installed in 75 countries, Complete range covering bag & pouch making, Revenue grew from ₹1,922.47 million in Fiscal 2022 to
the company achieved 65.28% of its FY24 sales from packaging, and co-extrusion blown film machinery ₹2,366.11 million in Fiscal 2024 (CAGR 10.94%).
exports, demonstrating its global reach.
o Diverse Applications: o Strong Export Revenue:
Extensive Client Base: Serving both packaging (FMCG, e-commerce) and 65.28% of total revenue in 2024 from exports,
Servicing top brands in FMCG, food & beverage, and non-packaging sectors (garment bags, hygiene bags). reflecting a well-diversified global market reach.
consumer goods industries.

4 5 6

Innovation & Technological Leadership Strategic Investment and Market Growth Strategic Growth and Workforce Stability
o R&D Focus: o High-Growth Industry: o Geographic Expansion:
87 dedicated engineers and application experts, 4
Indian packaging market projected to grow at a CAGR The company is targeting Europe, Africa, and the Middle
patents granted.
of 12.6% (2022-2027). East to enhance global presence.
o Industry 4.0 Certified Machines: o Stable Workforce:
o Operational Efficiency:
Cutting-edge technology with remote diagnostics, With an average tenure of 12 years and low attrition
Investing in captive manufacturing units and
recyclable film capability, and automation. ensure operational efficiency and high-quality
focusing on lean manufacturing for cost reduction
innovation.
and improved margins.

Investor Presentation 42
 Mamata Machinery Limited
Survey No. 423/P, Sarkhej Bavla Road, NH No.
8A, Moraiya, Sanand,
Dist: Ahmedabad- 382213,
Gujarat, INDIA.
Email: investor@mamata.com

Thank You
Phone: +91 2717 630 800
Website: www.mamata.com

Book Running Lead Manager to the Offer

Beeline Capital Advisors Private Limited

B/1311-1314, Shilp Corporate Park Near Rajpath Club,
Rajpath Rangoli Road,
Sarkhej - Gandhinagar Hwy,
Ahmedabad, Gujarat 380054
E-mail: mb@beelinemb.com
Tel. No.: +91 9974781002
Website: www.beelinemb.com

Registrar to the Offer

Content, Concept & Design by

Link Intime India Private Limited
C-101, 1st Floor, 247 Park, L.B.S. Marg
Vikhroli (West), Mumbai 400 083, Maharashtra
E-mail: mamatamachinery.ipo@linkintime.co.in
Tel. No.: +91 22 4918 6200
Website: www.linkintime.co.in