Sundrop Brands Limited Shs Dematerialised · NSE:SUNDROP
Sundrop Brands Limited Shs Dematerialised — Sundrop Brands — Q4 FY2025 Earnings Presentation
25 slides from Sundrop Brands Limited Shs Dematerialised's earnings presentation, May 20, 2025
Slide 1: Regulation 30 disclosure letter to stock exchanges
20th May 2025 The Manager, The Manager BSE Limited, Listing Department Floor 25, Pheroze Jeejeebhoy Towers, National Stock Exchange of India Limited Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai – 400 051. Ph. No. 022- 22721233 / 22721234 Ph.No. 022- 265981
Slide 2: Sundrop Brands Limited Investor Presentation May 2025
Sundrop Brands Limited Investor Presentation May 2025 1
Slide 3: Safe harbor
Safe harbor Certain statements in this release concerning our future growth prospects are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated in such forward-looking statements.
Slide 4: Vision and Mission
A bold new vision and mission reflecting the company’s ambition Vision Bringing joyful food experiences to the modern consumer Mission Creating innovative, delicious, and convenient food solutions 3
Slide 5: A new corporate identity
…and a new corporate identity Elevating the corporate brand to the Building on the existing equity of role of a platform, a house of brands Sundrop, in a way that resonates with the modern consumer 4
Slide 6: Historical timeline for the company – entering a new era
Historical timeline for the company – entering a new era 1986 1997 2000 2024 ITC Agro Tech Investment by ConAgra Agro Tech Foods New Shareholders Founded with a focus on ConAgra acquires ~34% stake in Change of company name New Brand oil seeds and edible oil the Company New Vision for Future 2009 20
Slide 7: Update on the acquisition of Del Monte Foods Private Limited
Update on the acquisition of Del Monte Foods Private Limited • Sundrop Brands completed the acquisition of Del Monte Foods Private Limited (DMFPL) on 6th Feb 2025 • DMFPL is now operating as a 100% subsidiary of Sundrop Brands • As a consideration for the transaction, 35.4% stake in Sundrop Brands w
Slide 8: A scaled food platform, with a significant profitable growth opportunity
Sundrop Brands - A scaled food platform, with a significant profitable growth opportunity Presence in high growth Renewed focus on its Increased salience in and high margin core portfolio fast-growing channels categories Increased focus on Capital efficient Organic + Inorganic improving EBITDA and a
Slide 9: Now a combination of three market leading brands
Sundrop Brands is now a combination of three market leading brands Emerge as a powerhouse of food brands with strong recall and global affiliation 8
Slide 10: A large and diverse product portfolio
…with a large and diverse product portfolio Snacking Culinary Popcorns (All formats) | Nachos | Ketchup & Sauces | Mayonnaise | Breakfast Cereals | Fruit Drinks Dips & Sauces | Peanut Butter Staples Italian Edible Oil | Plain Oats Pasta | Olive Oil | Pizza & Pasta Sauce
Slide 11: Consumer megatrends that we intend to ride
…which addresses all the consumer megatrends that we intend to ride 1 Need for convenience 2 “Better for you” 3 New/Globalized tastes With lives becoming increasingly busy, The modern consumer is shifting towards more Consumers are seeking new tastes and are consumers are seeking efficiency in what,
Slide 12: Extensive distribution and diversified manufacturing
Extensive distribution and diversified manufacturing have set up a strong springboard for a growing business Distribution Network Production Facilities4 Pan – India retail presence Uttarakhand, Kashipur Punjab, Ludhiana Assam, Mangaldoi Uttar Pradesh, Unnao Listing across online channels Gujarat, Jh
Slide 13: A well diversified channel mix with increasing salience on fast-growing channels
A well diversified channel mix with increasing salience on fast-growing channels Others Food Services E-Commerce Sales DMFPL B2B Channel Growth % CSD 8% (includes Key accounts) 9% 17% +8% E.Com 13% MT HFS FY24 FY25 FY24 FY25 13% 40% Channel 10% 13% FY25 - Channels Sales Mix Saliency % General Trade
Slide 14: Core categories showing increase in contribution
Core categories showing increase in contribution with continued investment FY23 Core Category Contribution FY25 Core Category Contribution 35% 39% 61% 65% Core Categories Others Core Categories Others Core Categories: Sundrop Brands (erstwhile Agro Tech Foods): Ready to Cook Popcorn, Ready to Eat Po
Slide 15: Total Portfolio: FY25 YoY Net Sales Growth %
Total Portfolio: FY25 YoY Net Sales Growth % • Most Core categories show strong year-over-year growth in FY25 • Plans afoot to drive recovery of Peanut Butter (Spreads & dips) of Sundrop Brands and Italian range (Olive Oils & Pasta) of Del Monte Note: Others include Packed Fruits & Vegetables includ
Slide 16: Total Portfolio Q4 FY25 YoY Net Sales Growth %
Total Portfolio Q4 FY25 YoY Net Sales Growth % • Growth accelerated with investments across focus categories of Sundrop Brands (erstwhile Agro Tech) • Peanut Butter (spreads and dips) also shows signs of recovery, with more to come in FY26 • With Del monte acquisition completed in Feb-25, investment
Slide 17: Sundrop Brands – Overall Net Sales Growth %
Sundrop Brands – Overall Net Sales Growth % Net Sales Growth FY25 % Net Sales Growth FY25Q4 8% 9% 5% 12% Sundrop ( ex Delmonte) Overall Sundrop ( ex Delmonte) Overall FY24 FY25 Q4FY24 Q4FY25 16
Slide 18: Increased marketing efforts on core categories
…with increased marketing efforts on these core categories Strengthened Distribution & Visibility Investing in Emerging channels – Focused investment on Mass Media in General Trade with cross utilisation Merchandising & Promoters in MT with increasing presence on Digital of network strengths Perform
Slide 19: Capital efficient approach to building scale
Going forward, the Company will also have a capital efficient approach to building scale Cash outflow for purchase of PPE and Intangibles (INR Mn) - Sundrop + DMFPL 842 821 697 • Company has managed to bring down the Lowest capex capex vs historical averages outflow in the • In the past, a lot of ca
Slide 20: Corrective measures taken to rationalize the asset base
…with corrective measures taken to rationalize the asset base Values in INR Mn Key Benefits of the impairment taken Asset Line for Net book Value • Increased focus on the key categories Impairment Taken Impairment (Before Impairment) • Bring down operational costs -> improvement in profitability Cho
Slide 21: P&L Statement
P&L Statement Standalone Consolidated Values in INR Mn Q4FY25 Q4FY24 FY25 FY24 Q4FY25 Q4FY24 FY25 FY24 Revenue from operations 1,990 1,782 7,930 7,582 3,039 1,784 8,989 7,597 Total income 1,999 1,783 7,948 7,601 3,055 1,785 9,012 7,612 Cost of materials consumed 1,286 1,075 4,993 4,574 1,751 1,081 5
Slide 22: Summary Proforma P&L (Consolidated) FY25
Summary Proforma P&L (Consolidated) FY25 Revenue (INR Mn) 7,944 6,161 14,105 1,2 EBITDA (INR Mn) 321 221 543 EBITDA Margin % 4.0% 3.6% 3.8% Note: This is a proforma financial summary assuming DMFPL would have been a part of Sundrop Brands for the full year 21 1 Excluding Other Income; 2 Excluding th
Slide 23: Consolidated Balance Sheet and Cash Flow Statement
Consolidated Balance Sheet and Cash Flow Statement Balance Sheet Standalone Consolidated Cash Flow Statement Standalone Consolidated As on As on As on As on Values in INR Mn Values in INR Mn FY25 FY24 FY25 FY24 31-Mar'25 31-Mar'24 31-Mar'25 31-Mar'24 1. Non-current assets Opening Cash and Cash Fixed
Slide 24: Summing Up
Summing Up Build platform with stable of Well known Food Brands catering to modern, 1 evolving consumer food choices Ride on Consumer Mega Trends driving consumption of Branded Packaged 2 Foods Presence in high growth, high margin categories with opportunity to 3 expand through organic and inorganic
Slide 25: Thank you
Thank you » , ear oundrop