Slide 1: Investor Communication 4QFY17 & FY17
In first ever Fortune 'Change The World' list of 2015, Jain Irrigation ranks 7th among 51 companies of the world INVESTOR COMMUNICATION 4QFY17 & FY17
Slide 2: Financial Discussion – 4QFY17 & FY17
FINANCIAL DISCUSSION – 4QFY17 & FY17 2
Slide 3: Management Comments
Management Comments Vice Chairman and Managing Director of the Company, Mr. Anil Jain said: “We are happy to report first ever INR 7,000 Cr total income by the Company. We are pleased to have recorded multifold earnings growth in FY17 and 24% earning growth in 4th quarter. Our EBIDTA has crossed I
Slide 4: Positive outcomes
Positive outcomes Improved leverage • Reduced consolidated net debt as on March 31, 2017 – now at INR 36,086 Mn • On QoQ basis, standalone and consolidated net debt reduced by ~INR 12,946 Mn & ~INR 5,569 Mn, respectively • Consolidated Net Debt / Equity ratio is at ~0.84X and Consolidated Net Debt t
Slide 5: Consolidated Performance Overview: 4QFY17
Consolidated Performance Overview : 4QFY17 Revenue increased by 9.6 % on Y-o-Y basis by registering positive growth in all the business divisions Revenue of Hi-tech Agri Input Products Division registered double digit growth of 15.7% on account of robust offtake in domestic markets and buoyant e
Slide 6: Consolidated Performance Overview: FY17
Consolidated Performance Overview : FY17 Overall revenue from operations increased by 7.0% on YoY, registering positive growth in all the business divisions Hi-tech Agri Input Products Division registered the growth of 6.7% on YoY basis. Although it’s a single digit growth, it was lead by positi
Slide 7: Standalone Performance Overview: 4QFY17
Standalone Performance Overview : 4QFY17 Standalone financials of the Company for this quarter are not comparable as 4QFY17 does not include Agro Processing Division. For the purpose of comprehension, some of the below analysis is carried out excluding the performance of the Agro Processing Divisi
Slide 8: Standalone Performance Overview: FY17
Standalone Performance Overview : FY17 Standalone financials of the Company for FY17 are not comparable as FY17 does not include Agro Processing Division. For the purpose of comprehension, some of the below analysis is carried out excluding the performance of the Agro Processing Division in FY16
Slide 9: Consolidated Financial Performance
Consolidated Financial Performance Consolidated Highlights 4QFY17 4QFY16 Rs. Mn Financials for corresponding period of FY16 are restated Revenue from 22,865 20,865 giving impact of Ind AS operations Revenue increased by 9.6% on Y-o-Y basis EBIDTA 3,672 3,357 EBIDTA for 4QFY17 is at 16.2% with
Slide 10: Standalone Financial Performance
Standalone Financial Performance (Excludes Agro Processing Division performance in FY 16) Standalone Highlights 4QFY17 4QFY16 Financials for corresponding period of FY16 are restated Rs. Mn giving impact of Ind AS Revenue from For comprehension, adjacent 4QFY16 numbers are 13,301 11,577 operatio
Slide 11: Overview - Consolidated Revenue: 4QFY17
Overview - Consolidated Revenue: 4QFY17 4QFY17 4QFY16 Geography YoYG Mix % Mix % India 58% 57% 12.0% Rest of World# 42% 43% 6.4% Total 100% 100% 9.6% # Including exports from India India Standalone Revenue Contribution Consolidated Revenue Contribution 7% 6% Hi-tech Agri 48% Hi-tech Agri Input Input
Slide 12: Overview - Consolidated Revenue: FY17
Overview - Consolidated Revenue: FY17 FY17 FY16 Geography YoYG Mix % Mix % India 56% 55% 9.1% Rest of World# 44% 45% 4.4% Total 100% 100% 7.0% # Including exports from India India Standalone Revenue Contribution Consolidated Revenue Contribution 7% 5% Hi-tech Agri 46% Input Products 23% Division Hi-
Slide 13: Overview - Standalone Revenue: 4QFY17
Overview - Standalone Revenue: 4QFY17 (Excludes Agro Processing Division performance in FY 16) Segment Revenue Contribution 100% 4% 6% 4QFY17 4QFY16 Geography YoYG Mix % Mix % 80% 43% Domestic 90% 91% 13% 60% 86% 96% Export 10% 9% 33% 40% 51% 20% Total 100% 100% 15% 14% 0% Hi Tech Agri Inputs Plasti
Slide 14: Overview - Standalone Revenue: FY17
Overview - Standalone Revenue: FY17 (Excluding Agro Processing Division performance FY 16 numbers) Segment Revenue Contribution 100% FY17 FY16 6% 6% 90% Geography YoYG Mix % Mix % 80% 43% 50% 70% Domestic 91% 90% 9% 60% 50% 94% Export 9% 10% -4% 40% 30% 50% 50% 20% Total 100% 100% 8% 10% 0% Hi Tech
Slide 15: Debt Position
Debt Position INR Bn. Mar 31, 2017** Dec 31, 2016** Change QoQ Mar 31, 2016 Standalone (Total Net Debt) 14.38 27.33 (12.95) 26.81 Long Term 10.05 13.08 (3.03) 14.69 Short Term 6.01 15.67 (9.66) 13.42 Cash & Cash equivalent 1.68 1.43 (0.25) (1.32) Consolidated (Total Net Debt) 36.09 41.65 (5.57) 35.5
Slide 16: Working Capital Analysis
Working Capital Analysis Standalone Days` DSO^ Mar 31, 2017 DSO^ Dec 31, 2016 Inventory AR(gross) Net Inventory AR(gross) Net Hi Tech 107 175 194 109 183 206 Plastic 44 104 88 53 106 118 Total* 88 147 159 89 162 187 * Including Other Division • Continued improvement of 28 days in overall net working
Slide 17: MIS Analysis - India
MIS Analysis - India MIS –Revenues INR Mn 4Q FY17 4Q FY16 Change YoY% FY17 FY16 Change YoY% Retail 4,116 3,446 19.5% 13,471 12,220 10.2% Project 2,081 1,846 12.7% 3,300 3,827 (13.8%) Domestic Total 6,198 5,292 17.1% 16,770 16,047 4.5% Export 980 605 62.0% 2,129 1,588 34.1% Total 7,177 5,897 21.7% 18
Slide 18: Key Ind AS Implications (1/2)
Key Ind AS Implications (1/2) Equity Reconciliation for financial year March 31, 2016 on account of adoption of Ind AS (Amounts in INR Mn) Consolidated Consolidated Description FY15 FY16 Total Equity (shareholder's funds) as per previous GAAP / (Revised Op Balance) 21,399 35,677 Adjustments to Surpl
Slide 19: Key Ind AS Implications (2/2)
Key Ind AS Implications (2/2) Profit Reconciliation for March 31, 2016 on account of adoption of Ind AS (Amounts in INR Mn) Standalone Description 4QFY16 FY16 Net Profit as per Indian GAAP 644 712 On account of fair valuation of Biological assets (29) (33) On account of change in fair value of finan
Slide 20: Recent Updates (1/2)
RECENT UPDATES (1/2) Acquired 80% stake in the United States’ 2 of the largest Micro Irrigation Dealers – AVI & IDC o JISL through its 100% subsidiary – Jain America Holdings Inc. acquired 80% stake in Agri-Valley Irrigation, Inc. (“AVI”) and Irrigation Design and Construction (“IDC”) o Dealers ar
Slide 21: Recent Updates (2/2)
RECENT UPDATES (2/2) Mr. Ashok Jain received ‘Excellence in Entrepreneurship’ Award The father of Indian telecom revolution and renowned technologist Sam Pitroda gave away the prestigious Maharashtra Corporate Excellence Award (Maxell Award) to Ashok Jain, Chairman, Jain Irrigation Systems Ltd. Ja
Slide 22: JISL Value Proposition
JISL Value Proposition Large domestic and global growth opportunities • Increasing MIS penetration a central and state government priority. Addressing climate change • Food business growth momentum to continue • Pipes business strongly correlated with Indian infrastructure spend Best-in class, fully
Slide 23: Small Ideas...Big Revolutions Thank You
SMALL IDEAS…BIG REVOLUTIONS THANK YOU DISCLAIMER Some of the statements in this presentation contain forward looking information that involve a number of risks and uncertainties. Such statements are based on a number of assumptions, estimates, projections or plans that are inherently subject to sign