Patanjali Foods Limited · NSE:PATANJALI
Patanjali Foods — Investor Presentation (August 2022)
37 slides from Patanjali Foods's investor presentation, Aug 31, 2022
Slide 1: Outcome of schedule of investors meeting letter
PATANJALL PATANJALI FOODS LIMITED Great Place To (Formerly known as Ruchi Soya Industries Limited) Work Corporate Ofice: 601, Part B-2, 6th Floor, Metro Tower, Vijay Nagar, A.B. Road, Indore-452 010 Certified 2071-0G 0 Phone: +91 (731)4767109/4767110 E-mail:corporate@patanjalifoods.co.in CIN-L15140M
Slide 2: Covering letter attaching presentation
PATANJALL PATANJALI FOODS LIMITED Great Place To (Formerly known as Ruchi Soya Industries Limited) Work Corporate Ofice: 601, Part B-2., 6th Floor,Metro Tower, Viay Nagar, A.B. Road, Indore-452 010 Certified Phone: +91 (731) 4767109/4767110 E-mail : corporate@patanjalifoods.co.in CIN-L15140MH1986PLC
Slide 3: Patanjali Foods Limited (Formerly Ruchi Soya Industries Limited)
(Formerly known as Ruchi Soya Industries Limited)
Slide 4: Agenda
Agenda INTRODUCTION KEY SEGMENT SUMMARY KEY STRENGTHS FINANCIAL PERFORMANCE STRATEGY & OUTLOOK APPENDIX
Slide 5: Patanjali Foods Limited – Brief Overview
Patanjali Foods Limited – Brief Overview • Large diversified conglomerate with focus on FMCG and FMHG segments Business • Part of the Patanjali Group, one of India’s leading FMCG, health and wellness company Overview • Strategic Manufacturing facilities: 25(1) processing plants (of which 19 are oper
Slide 6: Experienced Promoters, Distinguished Board and Management Team
Experienced Promoters, Distinguished Board and Management Team BOARD OF DIRECTORS Acharya Balkrishna Ji – Chairman & Non- Swami Ramdev Ji - Non-executive Director Executive Director • President of Divya Yog Mandir • Received the “UNSDG 10 Most Influential People in • Doctor of Science (Honoris Causa
Slide 7: Patanjali Foods Limited – Key Milestones
Patanjali Foods Limited – Key Milestones Bankruptcy petition Launched premium Ruchi Soya acquires admitted in terms edible oils, honey Biscuits, Cookies and of IBC and CIRP and high protein Rusk business from initiated against atta under the Patanjali on a slump sale Ruchi Soya Nutrela Brand basis(1
Slide 8: Agenda
Agenda INTRODUCTION KEY SEGMENT SUMMARY KEY STRENGTHS FINANCIAL PERFORMANCE STRATEGY & OUTLOOK APPENDIX Strictly Private and Confidential 6
Slide 9: Edible Oil, its By-products and Derivatives: Business Segment
1 Edible Oil, its By-products and Derivatives: Business Segment About the Business Operational & Financial Metrics • Recognized amongst the largest branded oil packaged food companies, with a strong and robust portfolio of brands in various types of cooking oils under Data 23,858 in INR 16,127 categ
Slide 10: Foods - Edible Soya Flour and Textured Soya Protein
2-A Foods - Edible Soya Flour and Textured Soya Protein (“TSP”) About the Business Market Size Data in INR crores • Pioneered soya chunks in 1980’s in India 3,422 • Launched soya chunks through brand ‘Nutrela’ 3 decades ago • Soya flour and TSP is sold to retail consumers in India under the Nutrela
Slide 11: Foods - Noodles, Breakfast cereals, Biscuits, Cookies and Rusks
2 - B Foods - Noodles, Breakfast cereals, Biscuits, Cookies and Rusks About the Business Market Size Noodles & Breakfast cereals • Acquired breakfast cereals and atta (wheat) noodles product category, in June 2021 from Patanjali Group 12,500 Noodles 7,800 • Sale of Healthier version (whole wheat) no
Slide 12: Foods – Acquired Foods Business
2-C Foods – Acquired Foods Business TRANSFER OF PATANJALI’S FOOD PORTFOLIO w.e.f 1st July 2022 8 categories > 500 SKUs @ ₹ 690 crore Ghee Spices & Honey Staples Edible Oil Beverages Herbal Products Dry Fruits Condiments • Cow Ghee • Mustard oil, Rice • Aloevera juice, Amla • Spices • Badam Pak, Musl
Slide 13: Nutraceuticals and Wellness Products
3 Nutraceuticals and Wellness Products Market Size Emerging Trends in Industry Data in INR crores Transparent • The players are undertaking the task of educating 1,27,500 and Effective the consumers by sharing detailed information Education for about the products and the advantages and consumers fun
Slide 14: Oil Palm Plantation (In India)
4 Oil Palm Plantation ( In India ) About the Business • Largest oil palm plantation company in India, with allocated area of 6.02 lakh Allocated Area for Plantation 6.02 lakh Hectares hectares, of which 59,239 hectares is currently being utilized • Backward integration strategy to create one of the
Slide 15: Others (Oleochemicals & Wind power)
5 Others ( Oleochemicals & Wind power) About the Business - Oleochemicals About the Business - Renewable Energy – Wind Power Downstream business utilizes the by-products produced primarily from the edible oil refineries which are exported to more than 20 countries. • Company has a total installed ca
Slide 16: Agenda
Agenda Introduction Key Segment Summary Key Strengths Financial Performance Strategy & Outlook Appendix Strictly Private and Confidential 14
Slide 17: Key Strengths
Key Strengths Strong promoter pedigree of the Patanjali group Experienced leadership and revamped management team of senior industry professionals Foray into health and wellness space with launch of Nutraceuticals Products with Strong brand recognition in the Indian market Upstream and downstream in
Slide 18: Products with Strong Brand Recognition in the Indian Market
Products with Strong Brand Recognition in the Indian Market Increased preference Increase in Growth of the Rise in purchasing for branded food products awareness of health organized retail power among consumers, on account of and hygiene distribution network including in rural areas • Products: Bisc
Slide 19: Strong, Established and Extensive Distribution Network
Strong, Established and Extensive Distribution Network Strong, established and extensive distribution network in India Modern Trade & E-Commerce Presence BIGBASKET WALMART MORE METRO SPENCER’S CASH & CARRY Wide Distribution Network Access to Patanjali’s Distribution Network(3)(6) Orderme App from Pa
Slide 20: Agenda
Agenda Introduction Key Segment Summary Key Strengths Financial Performance Strategy & Outlook Appendix Strictly Private and Confidential 18
Slide 21: Patanjali Foods Limited – Performance at glance
Patanjali Foods Limited – Performance at glance Annual Performance: Amount in Rs. crore FY 20 FY21 FY22 Q1FY23 Revenue From Operations 13,117 16,319 24,205 7,211 EBITDA 458.48 1,018.37 1,565 550.80 PAT (%) 1.71% 4.20% 3.32% 3.5% Quarterly Performance: Revenue from operations EBITDA and EBITDA (%) PA
Slide 22: Financial Transformation of Business (Annual)
Financial Transformation of Business Key Financials (Annual) Key Metrics (INR Cr) FY18A FY19A FY20A FY21A FY22A Revenue from operations (net) 11,994 12,729 13,117 16,319 24,205 Revenue growth (y-o-y) 6.1% 3.1% 24.4% 48.3% Gross profit 1,354 1,327 1,545 2,152 3,251 Gross margin 11.3% 10.4% 11.8% 13.2
Slide 23: Financial Transformation of Business (Quarterly)
Financial Transformation of Business Key Financials (Quarterly) Key Metrics (INR Cr) Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Revenue from Operations 5,266.16 5,995.03 6,280.46 6,663.72 7,210.97 Revenue Growth (QoQ%) 13.84% 4.76% 6.10% 8.21% Gross Profit 619.05 720.72 828.41 869.07 809.71 Gross Margi
Slide 24: Financial Transformation: Successful FPO of ₹4,300 crores
Financial Transformation: Successful FPO of ₹ 4,300 crores FPO Proceeds Utilization First Follow-on Public Offer (FPO) from an IBC Company Pre-payment of external debt on 8th April 2022 1 of ₹ 3,072 cr. The company issued 6,61,53,846 Fresh equity shares with a face value of ₹2 and issue price of ₹ 6
Slide 25: Agenda
Agenda Introduction Key Segment Summary Key Strengths Financial Performance Strategy & Outlook Appendix Strictly Private and Confidential 23
Slide 26: Strategy & Outlook
Strategy & Outlook Continue to improve operational efficiency In-house experienced Tax Continue Leverage Patanjali through enhanced usage of Strong Sector Coverage Advisory various softwares and Brand and enhance synergies technology Expansion of our distribution Enhance the high margin Dedicated ne
Slide 27: Strategy & Outlook: New Initiatives
Strategy & Outlook: New Initiatives • Exploring new Export Markets for biscuits, Nutrela Soya Products, Nutraceuticals etc for which a Expanding Export Markets team is already onboarded. • Target to reach 250-300 crs of additional exports in the next 12 months • From NIL to ~100,000 lakh tons of ins
Slide 28: Transformation Journey & Future Outlook
Transformation Journey & Future Outlook Going Forward Today + Strong distribution led export portfolio of FMCG Pre 2019 Large edible oil & derivative business & FMHG products + TSP (Texturized Soya Protein) + launch new products with high margin – high Edible Oil & Derivative Business growth segment
Slide 29: Agenda
AGENDA INTRODUCTION KEY SEGMENT SUMMARY KEY STRENGTHS STRATEGY & OUTLOOK FINANCIAL PERFORMANCE APPENDIX Strictly Private and Confidential 27
Slide 30: Appendix: Financial Statement Select Balance Sheet Items
Appendix: Financial Statement Select Balance Sheet Items 31st Mar, 31st Mar, 31st Mar, 31st Mar, (INR Cr) 2022 2021 2020 2019 ASSETS Non-current assets Property, plant and equipment 3371 3439 3554 3708 Capital work-in-progress 28 27 25 27 Intangible assets 1529 1,516 1,516 1,516 Investments 29 19 7
Slide 31: Appendix: Select Statement of Profit and Loss Items
Appendix: Financial Statements Select Statement of Profit and Loss Items For the year ended 31st March 2018 (INR Cr) 2022 2021 2020 2019 Income Revenue from operations 24205 16319 13118 12729 11994 Other income 79 64 57 100 35 Total income 24284 16383 13175 12829 12029 Expenses Cost of materials con
Slide 32: Key Ratios (Annual) – Improving Trend
Key Ratios (Annual) – Improving Trend FY 20 FY 21 FY 22 Current Ratio 2.14 2.13 2.82 Debt Service Coverage 4.30 2.52 2.49 Ratio (DSCR) Return on Equity -39.03% 18.32% 15.76% (ROE) Return on Capital 14.13% 4.43% 11.07% Employed (ROCE) Strictly Private and Confidential 30
Slide 33: Business Highlights: FY 21-22
Business Highlights : FY 21-22 Amount in Rs. crore FY 2019-20 FY 2020-21 FY 2021-22 Total Income (1+2) 13,175.82 16,382.98 24,284.64 1. BRANDED SALES 9,860.12 12,248.35 18,663.94 a. Consumer Brands segment 9,171.85 11,409.62 17,389.10 b. Institutional segment 688.27 838,73 1,274.84 2. OTHER SEGMENTS
Slide 34: Standalone Financial Results (Segmental)
STANDALONE FINANCIAL RESULTS (SEGMENTAL) STATEMENT OF STANDALONE FINANCIAL RESULTS & SEGMENT Rs. in Lakh 3 months 3 months 3 months 3 months 3 months Particulars ended 30.06.2021 ended 30.09.2021 ended 31.12.2021 ended 31.03.2022 ended 30.06.2022 Income I Revenue from operations 5,26,615.82 5,99,503
Slide 35: A Look at Our Portfolio of Consumer Brands
A Look at Our Portfolio of Consumer Brands Sale Rs. 17,389 crore : FY 21-22 (Oils, Food Products including Soya products, Biscuits, Noodles and Breakfast cereals and Royalty sales) Consumer Brand Sale, Amount in Rs. crore 8,520 4,141 935 RUCHI STAR TULSI GOLD SOYUMM SUNLIGHT 570 570 215 30 BISCUITS,
Slide 36: Institutional Sale Rs. 1274.84 Cr. – Our Portfolio – FY 21-22
Institutional Sale Rs. 1274.84 Cr. – Our Portfolio – FY 21-22 Vanaspati, Bakery Fats and Speciality Bakery Fat Sales General Vanaspati Avanti Neptune Tulsi 40.82 15.08 Cr. 4.02 Ruchi 149.91 Cr. Cr. Bakefat Mahakosh No. 1 Cr. Nutri 741.84 Gold 168.30 154.80 Cr. Cr. Cr. 0.07 Cr. Specialised bakery fat
Slide 37: Stock Information – June, 2022
Stock Information – June, 2022 BSE Ticker 500368 NSE Ticker PATANJALI Market Cap (INR Cr.) 38,289.02 No. of Shares Outstanding (Cr.) 36.19 Shareholding Pattern-as on 31st March-2022 Shareholding Pattern-as on 30th June-2022 Non Isntitutional , Non Isntitutional 14.55% Insurance FIIs, 2.35% AIF, 0.01
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