Best Agrolife Ltd. · NSE:BESTAGRO
Best Agrolife — Investor Presentation (March 2022)
38 slides from Best Agrolife's investor presentation, Mar 22, 2022
Slide 1: BSE Regulation 30 intimation letter
Best AffofiJeLimited CIN : 174'1 10D11992P1Cl16773 22u,t March,2022 The Manager Compliance Department BSE Ltd Phiroze IeeieebhoY Towers, Dalal Street, Mumbai-400001 SCRIP CODE: 539660 SCRIP ID: BESTAGRO sub: Intimation under Regulation 30 corporate Presentation Dear Sir/Madam, Pursuant to Regulation
Slide 2: Investor Presentation Mar-22
INVESTOR PRESENTATION- MAR-22
Slide 3: Safe Harbor Statement Disclaimer
Safe Harbor Statement Disclaimer This presentation includes certain forward looking statements and information including statements concerning the outlook for business. The statements are based on certain expectations, assumptions, anticipated developments and other factors which are not limited to,
Slide 4: Contents
Contents Business Page 4 onwards Business Strategy Page 31 onwards Financials Page 34 onwards 3
Slide 5: Business
vey Best Agrolife Limited
Slide 6: Industry Overview
Industry Overview Agrochemical Sector: US $ 4.5 Billion in 2019 to US $ 6.9 Billion in 2025 with a CAGR of 8.6%. Growing Demand: Food security is compelling due to increased population load to 1.75 Billion by 2025. Opportunity: Growth by scaling up investment in Manufacturing, Backward Integration &
Slide 7: Agrochemicals - Structural Growth Drivers
Agrochemicals - Structural Growth Drivers Impact of climate change Rainfall Growing farmer income Structural Drivers Improving farm economics Indian Advantage Off Patent Molecules Global consolidation Here & Now drivers Domestic industry expected to post 8-10% CAGR in the next few years Improving
Slide 8: Journey of the Company
Journey of the Company Formulations Best Brand Business Expansion Ternary Patent Setting of 1st Launch of the • Expanded business in • Acquired Best Crop Formulation “Best” Brand southern parts of India Science Pvt. Ltd. Unit • 1000+ Distribution • Received ternary patent for Network first-of-its-kin
Slide 9: BAL at a Glance
BAL at a Glance Best Agrolife Limited is among the Top 15 Agrochemical companies in India 3 3100+ 500+ Manufacturing Distribution Employees Facilities Network across India 30,000 MTPA* 7,000 MTPA* 45.9% Revenue from Formulation Technicals Top 10 molecules Manufacturing Manufacturing as % of sales Ca
Slide 10: Experienced Management With Domain Knowledge
Experienced Management With Domain Knowledge Management having a cumulative experience of more than four decades Mr. Vimal Alawadhi Managing Director A true visionary and a passionate entrepreneur, Mr Vimal Alawadhi is an eminent personality with vast and rich experience in the Agrochemicals Industr
Slide 11: Management Expertise
Management Expertise Management team comprises of skilled and capable professionals who assist the Board in identifying and implementing business strategies CA Atul Garg Ajit Gujral Davinder Dogra Chief Financial Officer Head – Institutional Business & R & D President – Finance & Accounts Having r
Slide 12: What is Best Agrolife
What is Best Agrolife In 2019, got listed among top 15 agrochemical companies in India Best Agro Group A BSE-listed company, Best Agrolife (BAL) is among the top 15 integrated agrochemical companies in India. A research-driven firm BAL aims to provide modern, cost-effective, and eco-friendly crop-p
Slide 13: Value chain and diverse range of products (1/3)
Value chain and diverse range of products (1/3) Best Agrolife Limited is one of the India’s producers of novel chemistry advanced formulation products Manufacturing Process BAL manufactures a wide range of products and each product has its own unique manufacturing process The Company specialises
Slide 14: Value chain and diverse range of products (2/3) Technicals
Value chain and diverse range of products (2/3) 2 Technicals Insecticides: Thiamethoxam Dinotefuron Pymetrozine Lambda Diafenthuron Imidacloprid Bifenthirin Herbicides: Fungicides: Metribuzin Azoxystrobin Glyphosate Butachlor Pretilachlor Clodinofop Cloquintocet TECHNICAL
Slide 15: Value chain and diverse range of products (3/3) Formulations
Value chain and diverse range of products(3/3) 3 Formulations Key Insecticides: New Patent Products Development: Pyriproxyfen 5% + Diafenthiuron 25% SE Ronfen (Pyriproxyfen 8% +Diafenthiuron 18%+ Dinoteforun 5% ) Dinotefuran 20% SG Spiromesifen 22.9% SC Pymetrozine 50% Azoxystrobin 2.5%
Slide 16: Strong Manufacturing Capabilities
Strong Manufacturing Capabilities Manufacturing Facilities 3 37,000 MTPA 3000 KVA 80+ Manufacturing Facilities Aggregate Capacity Total Power connection Big Size Reactors 49,200 Sq. m. 25000 Sq. m. 15,460 Sq. ft. 4.65 million KWH Total Area in use Total Additional Advanced R&D Facility Solar Power p
Slide 17: Gajraula – Unit
Gajraula – Unit Gajraula location has both Technical & Formulation units but now focussed more towards Technicals manufacturing with coming up new formulation unit at Greater Noida 6,400 Sq. ft. Advanced Formulation R&D Facility 35,000 Sq. m. Area in use 20,000 Sq. m. Additional Available Area 4.65
Slide 18: Location – Greater Noida
Location 1 – Greater Noida Overview This location has started commercial production in Dec-21 Fully Automated formulation plants for – SC, SG, SE, ZC & GR with Integrated unit for new developments With R&D and IP efforts received a patent for RONFEN - a unique 3-way insecticidal combination 9,
Slide 19: New Location – being added J&K (Agrico Chemicals)
New Location – 3 being added J&K (Agrico Chemicals) BAL has acquired Agrico Chemicals through a cash deal of ₹ 10.22 Crores. Agrico Chemicals is situated at Phase-1, SIDCO Industry Complex, IGC Samba, Jammu & Kashmir. This acquisition of Agrico Chemicals will be beneficial for BAL as the plant wil
Slide 20: Research & Development
Research & Development Research & Development Overview R&D Center Synthesis at Gajraula leading to development of quality and sustainable molecules. - Backward integration 45 + member - Process improvement Dedicated R&D Team - Make in India R&D Center at Noida for new formulation molecules Sta
Slide 21: Our Best-Selling Products: Insecticides
Our Best - Selling Products Insecticides DIRON PYDON Pyriproxyen 5% + THRONE Dinotefuran 20% SG Thiamethoxam 25% WG Mode Of Action Diafenthiuron 25% SE Mode Of Action It is a new furanicotinyl insecticide Mode Of Action It controls target pests by interfering with which represents the third generati
Slide 22: Our Best-Selling Products: Fungicides
Our Best - Selling Products Fungicides ZOXIT BESTILINE Azoxystrobin 11% + Pyraclostrobin 20% Tebuconazole 18.3% SC Mode Of Action Mode Of Action A very effective fungicide used to control A very effective fungicide used to control early blight disease on Tomato, Frog eye early blight disease on Toma
Slide 23: Our Best-Selling Products: Herbicides
Our Best - Selling Products Herbicides BESTIE PICHAI Glufosinate Ammonium Penoxsulam 2.67% OD 13.5% SL Mode Of Action Mode Of Action A post-emergency foliar spray or a A broad-spectrum herbicide and acts granular formulation for the control against a wide range of annual and of broadleaf, sedge, and
Slide 24: Our Best-Selling Products: PGRs
Our Best - Selling Products PGRs DONGLE Paclobutrazol 40% SC Mode Of Action It is known antagonist of the plant hormone gibberellin that acts by inhibiting gibberellin biosynthesis, reducing inter nodal growth to give stouter stems, increasing root growth. Market Size Our Share 100 KL 40 KL (40%) 23
Slide 25: Upcoming Products: Ronfen
Upcoming Products W E INNOVATE. W E PRODUCE. W E DELIVER Customer Benefits •Received the first-of-its-kind - a three-wayinsecticidal •One-shot solution for pestcomplex combination that effectively controls the sucking pest complex, •Eco-friendly with phytotoxic effect on crops including whitefly, jassi
Slide 26: Upcoming Product: New Patent Granted
Upcoming Product New Patent Granted Received one more patent for herbicidal composition of haloxyfop, imazethapyr, and chlorimuron, likely to emerge as an effective one-shot solution to protect soybean crops from the attack of narrow- leaved weeds, broadleaved weeds, and sedges. We plan to launch th
Slide 27: Environment Health and Safety/ Effluent Treatment
Environment Health and Safety/ Effluent Treatment Overview BAL is regulated by and is in compliant with: Environmental Protection Act, 1986 Air (Prevention and Control of Pollution) Act, 1981 Water (Prevention and Control of Pollution) Act, 1974 Hazardous Waste (Management, Handling & Transb
Slide 28: Product registrations
Product registrations Number of registration held by BAL Group 374 Formulations registered for manufacture and sale in India 54 Formulations registered for manufacture and sale in the export markets 88 Technicals registered for sale in India 130 Technicals registered for manufacture and sale in the
Slide 29: Top Clientele
Top Clientele ee) Best Agrolife Limited G hs JPL = Pe Sulphur mrilis limited IFFCO-M H py A [irrco-we) mahindra 2, ADAMA ee CROP SCIENCE LIFESCIENCES SHRIRAY <> \ | Gtul SUMITOMO €& CORTEVA oad CHEMICAL agriscience 28
Slide 30: Distribution network and brands
Distribution network and brands A large network of 3100+ dealers in India ensures adequate supply of the BAL products across states A large network of 3100+ dealers in India ensures adequate supply of the BAL products across states BAL products coverage across India Jammu & Kashmir 3100+ Himanchal P
Slide 31: Competitive Strengths
Competitive Strengths Experienced Integrated Promoters and Novel Chemistry Manufacturing Wide Management Products & Units with Distribution Team Patents opportunity for Network scaling up 360+ Relationship with In House NABL Formulation & Esteemed Clients Accredited QC 80+Technical & Vendors Labs Li
Slide 32: Business Strategy
BUSINESS STRATEGY 31
Slide 33: Business Strategy/Plan
Business Strategy/Plan Well positioned to exploit opportunities offered by growth in agrochemical market Farmers First • Always focusing Further Brand to provide best & Development cost effective • Investments in R & D focus & solution to marketing of new & Robust Product farmers existing products a
Slide 34: Targeting Exports markets
Targeting Exports markets Market Off Patent R&D, IP- Research and Molecules Creation Analysis Key initiatives taken by the Company to enter the exports markets: Product Customer Registration Execution In Selection Process Market 33
Slide 35: Financials
FINANCIALS 34
Slide 36: Financials – Best Agrolife Limited (Consolidated published results)
Financials – Best Agrolife Limited ( Consolidated published results* ) Net Revenue from Operations ( Rs . Cr) EBITDA(Rs .Cr) & EBITDA Margin % 103.72 905.45 901.44 689.91 51.18 11.5% 32.43 232.49 14.19 13.94% FY20 FY21 FY22 Q3 FY22 9M 5.65% 2.06% FY20 FY21 FY22 Q3 FY22 9M PAT Rs. Cr and PAT Margin %
Slide 37: Income Statement – Best Agrolife Limited (consolidated)
Income Statement–Best Agrolife Limited (consolidated* ) Rs Cr Particulars FY20 FY21 FY22 Q3 FY22 9M REVENUE FROM OPERATION 689.91 905.45 232.49 901.44 EBITDA(RS) 14.19 51.18 32.43 103.72 EBITDA(%) 2.06% 5.65% 13.94% 11.50% PAT(RS) 8.26 37.07 15.48 66.60 PAT(%) 1.20% 4.09% 6.66% 7.39% EPS 3.75 16.82
Slide 38: Thank You
THANK YOU 37