invideo ai 480 Cerebra Integrated Technologies Ltd Rev 2024 09 02

Cerebra Integrated Technologies Ltd

About
Incorporated in 1992, Cerebra Integrated Technologies Ltd is in the business of e-waste recycling, refining and refurbishment, electronic manufacturing services and IT infrastructure management[1]

Key Points
Business Overview:[1]
CITL is a recycling and refurbishment company. It purchases end-of-life e-waste products and offers recycling and refurbishing services to major brands. Company's solutions reduces e- waste of used, outdated devices, while making affordable technology available to organizations & individuals through its Cerebra Experience Centres (Stores) pan India

Business Verticals:[1]
a) Electronic Manufacturing Services
b) Enterprise Solutions & Infrastructure Management (ESD) in India
c) Value Added Distributor (VAD) and IT Services provider for companies in Dubai

Solutions Offered:[2][3]
a) ITAD Program
b) Refining and Refurbishing
c) e-waste Recycling
d) Device as a Service
e) Producer Responsibility Organization
f) Cerebra Experience Centres
g) IT infrastructure management
h) Turnkey Networking Solutions
i) Trading in computer systems

Collection:[4]
In FY23, company has collected over 10,000 metric tons of e-waste and recycled about 9800 metric tons

Clientele:[4]
Company partners with large OEMs and large data storage companies to collect end of life assets from bulk consumers and has 4 large OEMs as customers in the EPR business segment (Godrej, Whirpool, Johnsons, LG and Apple)

Revenue Breakup - FY23:[5]
Sale of products ~84%, Sale of Services - E-waste processing ~16%

Capacity Enhancement:[6]
In FY23, company completed its 3rd facility at Narsapura and obtained 40,000 MT capacity authorization from Karnataka State Pollution Control Board which is double their FY22 capacity

Focus:[7]
In FY23, company focused on E-Waste Recycling EPR Business and reduced refurbished business wherein it requires increased capital in acquiring assets from companies. It has its major business coming from EPR [Extended Producer Responsibility] commitments for large consumer electric and electronic companies in India. Company is also adding other consumer electrical & electronic large manufacturing companies

Agreement:[8]
On 22nd March 2023, Cerebra signed NDA with Hyundai Corporation, Korea to explore opportunity in PV Solar module recycling in India