CHAKRINNOVATION

CHAKR INNOVATION
REVOLUTIONTHROUGH
REVOLUTION THROUGHPOLLUTION
POLLUTION
www.chakr.in
Source: Painting by a Delhi-based Graffiti artist using ink generated from a Chakr device
Key Highlights
• Revenue Growth
• Revenue grew to INR 7.8 Cr (3.5x YoY growth) in FY21
• Revenue for H1 FY22 is INR 5 Cr
• Profitability
• Company is EBITDA and PAT positive for year ending FY21
• COGS Margin = 39.7%
• EBITDA = 6.5%
• PAT = 1.4 %
• New Product Development
• Chakr DeCoV launched with installation in 10+ hospitals
• Initial Proof of Concept for Energy Storage Product established

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 Financial Summary – FY21 (P&L)
For the year ended For the year ended
Particulars
31 Mar 2021 31 March 2020
(All amounts are in ₹, unless otherwise specified)
Income
Revenue from operations 6,13,57,763 1,86,66,865
Other income 1,66,88,190 34,20,113
Total income 7,80,45,953 2,20,86,978
Expenses
Cost of material consumed 3,70,10,230 2,10,08,869
Employee benefit expenses 2,11,21,861 3,37,49,831
Finance costs 10,66,941 1,90,569
Depreciation expenses 29,01,689 10,87,962
Other expenses 1,48,40,283 2,87,50,529
Total expenses 7,69,41,003 8,47,87,760
Profit/ (Loss) before prior period expense and tax for the year 11,04,949 (6,27,00,783)
Prior period expenses (net) - 2,53,082
Profit/ (Loss) before tax for the year 11,04,949 (6,29,53,864)

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 Financial Summary – FY21 (BS)
Particulars
As at As at ASSETS As at As at
31 Mar 2021 31 March 2020 31 Mar 2021 31 March 2020
EQUITY AND LIABILITIES Non-current assets
Shareholders' funds Property, plant and equipment
Share capital 6,11,290 6,11,290 Tangible assets 62,76,332 46,00,855
Reserves and surplus 5,04,65,338 4,81,17,772
Intangible assets 1,32,74,202 -
5,10,76,628 4,87,29,062
1,83,69,620 1,58,02,968
Intangibles under development
Non-current liabilities
Long-term provisions 30,39,013 32,20,308 Long-term loans and advances 34,11,000 39,03,500
30,39,013 32,20,308 4,13,31,154 2,43,07,323
Current liabilities Current assets
Short term borrowings 2,60,67,497 36,68,090 Inventories 79,76,954 54,15,160
Trade payables Trade receivables 3,27,88,594 47,54,146
Total outstanding dues of MSMEs 72,58,942 15,27,456
Cash and bank balances 1,12,54,946 1,47,61,635
Total outstanding dues of creditors other than MSME 56,40,422 42,96,631
1,20,50,164 1,36,06,841
Other current liabilities 1,16,47,262 1,15,97,084 Short-term loans and advances
Short-term provisions 7,64,470 6,88,895 Other current assets 92,422 1,08,82,421
5,13,78,593 2,17,78,156
6,41,63,080 4,94,20,203
10,54,94,234 7,37,27,526
10,54,94,234 7,37,27,526

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Market Leader for providing Retrofit Emission control Technology

Key Clients

+ 22 more and counting...

Partnerships with OEMs
Agreement/NDA signed with 3 GOEMs Conversation at advanced stage
Indian Government has mandated the use of Retrofit
emission control technologies for DG sets
National Clean Air Plan by MoEFCC National Green Tribunal Order dated Nine States have mandated the state-wide
released on 31st Dec 2018 6th Aug 2019 O.A. No. 681/2018 use of retrofit emission control tech.

Jammu & Kashmir (7th Feb’20)

Tamil Nadu (10th Jun’20)

Haryana (25th Jun’20)

Andhra Pradesh (5th Nov’20)

Kerala (9th Dec’20)

Goa (6th Jan’21)

Delhi (7th Jul’21)

Gujrat,
Karnataka 7
Notification issued by Delhi Pollution Control Committee

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Notifications issued by J&K, Haryana and Goa

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Notifications issued by AP and Kerala
.

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Notifications issued by Karnataka and Gujarat

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J&K Subsidy for DG set with retrofit

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Novel Metal-Air Energy
Storage System
Emission free source of grid-less power; replacing DG sets used for prime power

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 Problem: High Cost and Hassles of DG sets for Prime Power

A 40 kVA DG set generates 750 tons of Operational Hassles

CO2 emissions per year
Cost of power (INR per
unit)
DG (25% loading) 53

DG (50% loading) 38

DG (75% loading) 33

0 10 20 30 40 50 60

High and fluctuating per unit cost

• Ban on DG sets in winters in Delhi NCR
22 kgs of Particulate Matter • Diesel Spillage and theft
(Global Warming Potential ~ 460 times CO2) • Higher levels of noise

Confidential
 Solution: Replacing Prime DG Sets with Cleaner, Cheaper Power

Problem Solution
 Energy Storage solution design
 Diesel generators run for 4-8
for optimum temp and
hours/day
transportation
 PM2.5 and PM10 rise by 30% to  Price ~INR 15-20/unit with
100% with generator usage
charging and transportation
 Often banned in Delhi in winters  Silent, pollution-free and high
quality power
 Cost INR 33-53/unit

50% reduction in Cost

of Power for Construction
Sites
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Providing Cleaner Solution for
Primary Power
Aluminum Alloy Sheets as
Raw Material to the site

Powering
construction site

Sale of Residue
Reliable clean power source,
Price ~INR 15-20/unit with charging Silent, pollution-free and high-
chargeable by renewable sources to
and transportation quality power
eliminate any emissions
Confidential
Technology: World’s first Surge-enabled Metal-air Battery

No self discharge : Active Low Footprint: Similar to DG set

electrolyte management

Low Maintenance: Minimal Local charging :

moving parts Non-hazardous, solid state
swappable power source

Low operating cost: Recycling by

product & Environment friendly Surge power capability :
material Novel ozone boost tech

High temperature range : Electrolyte

based cooling system
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 Market Size: $8 Bn Market in India for Continuous Power

Infrastructure Spending by Segment

Mining
Roads
7%
Continuous Power (India) 23%
Total Addressable Market Manufacturing
28%
$8 Bn
Events
Oil and Gas $1.1 Bn
Railways
$2.6 Bn
16%
Real Estate Power Distribu-
11% Power tion
13% 3%
Construction Sector
Target Segment
$2.7 Bn Top Players Other Large Players

CAGR 6 % • L&T ECC • Godrej

• Tata Projects • Tata Realty
• Shapoorji Palonji
• HCC
• GMR
Source: 6WResearch Market Size; Economic Survey of India *Organized Players occupy ~ 50% of the industry share
 Al-Air by-product recovery
• The global Aluminium Hydroxide market was valued
at USD 22.4 billion in 2020*

• Growing at a CAGR of >3% during 2021-2027**

Emissions from Diesel Generator

View of India gate, New Delhi during
Oct 2016 (period of excess smog)

Pharma : Antacid, Vaccine adjuvant etc

Antacid market : 71.9– 94.9 % Al(OH)3 purity

Cement industry : Portland cement

55-60% Al(OH)3 purity

*
https://www.businesswire.com/news/home/20210127005925/en/Aluminum-Hydroxide-Market-to-Grow-By-672.37-mn-in-2021-Alcoa-Corp.-and-Almatis-BV-Emerge-as-Key-Contributors-to-GrowthIndustry-Analysis-Market-Trends-Market-Growth-Opport
unities-and-Forecast-2025Technavio

** https://www.prnewswire.com/news-releases/global-aluminum-hydroxide-industry-301150104.html
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Competitive Edge: Efficient Technology with easy
operations
Surge Energy Thermal Localized Storage Solution Self
Technology Cost/Unit Loading Density management Recharge safety Scalability Discharge
Feasibility Need Tendency

DG Sets
INR 33-53/Unit Yes High Low Yes Med High No

Li-Ion Battery
INR 27-32/Unit No Low High No Med Low Med

Hydrogen Fuel
Cell INR 25-30/unit Yes Med Med No Low Med Yes

Chakr Al-V
INR 15-20/unit Yes Med Low Yes High High No

 Best fit solution for replacement of DG Sets

 Patent Pending technology
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Let us create a greener tomorrow!

Thank you!

www.chakr.in| info@chakr.in