Jain Irrigation Systems Limited · NSE:JISLDVREQS
Jain Irrigation Systems — Q4 FY19 Earnings Presentation
24 slides from Jain Irrigation Systems's earnings presentation, May 31, 2019
Slide 1: Exchange cover letter: Investor Communication
Jain Irrigation Systems Ltd. JISlw./SFC/?O19/05/B—2/B-6 313‘ May, 2019 To, To, Bombay Stock Exchange Ltd, National Stock Exchange of india Ltd, Corporate Relationship Department, Exchange Plaza, C—1, Block G, 1st Floor, New Trading Wing, Rotunda Bandra Kurla Complex, Building, P. J. Tower, Dalal Str
Slide 2: Q4 & FY19 Investor Communication
Q4 & FY19 INVESTOR COMMUNICATION
Slide 3: The journey of Jain Irrigation Systems Ltd.
The journey of Jain Irrigation Systems Ltd. started with a young boy who wanted to excel at his studies, even if it meant studying under the only lamp in his village. His determination an ideas revolutionalised the face of the agricultural industry in India and in turn, he was recognised globally fo
Slide 4: Highlights and Way Forward
Highlights Growth in consolidated annual income of 10% and net profit of 15%.The growth made possible mainly by good performance in the first three quarters Growth in overseas business more than domestic business JFFFL (Food Business) achieves 16% growth in revenue and better profits in India
Slide 5: Financial Performance: Q4 FY19
EBIDTA Margin for Q4 FY19 stood at Standalone Rs. Mn 21.8% PAT lower due to higher effective tax Q4FY19 Q4FY18 in FY 19, as compared to MAT in FY 18 Revenue 13,346 15,497 PBT lower by 14% to Rs 1,436 mn EBIDTA 2,907 3,008 Finance Cost decreased by 16.6% to Rs PAT 823 1,594 713 mn Cash PAT 1,
Slide 6: Financial Performance: FY19
Standalone Rs. Mn Positive revenue growth FY19 FY18 EBIDTA Margin for FY 19 stood at 19.1% Revenue^ 44,428 42,131 PAT decreased by 16.6% due to EBIDTA 8,505 7,597 higher tax rate PAT 2,345 2,811 Finance Cost increased by 12.3% to Cash PAT 4,071 4,713 Rs 3,099 mn Depreciation decreased by 9
Slide 7: Segment Overview: Q4 FY19
Standalone Revenue Rs. Mn Growth In Q4, growth lower Revenue than expectations due y-o-y to purchase deferral by Hi-tech Agri Inputs 8,407 -5.5% end users and delay in Plastic 4,623 -27.2% project business of Other 315 24.6% plastic products. Total 13,346 -13.9% Consolidated Revenue Rs. Mn Growth
Slide 8: Segment Overview: FY19
Standalone Revenue Rs. Mn Growth Revenue Overall growth in the y-o-y year, despite under- Hi-tech Agri Inputs 25,166 8.2% performance in Q4 Plastic 18,354 4.2% Other 908 -28.1% Total 44,428 4.5% Consolidated Revenue Rs. Mn Growth Foods Subsidiary Segment Revenue y-o-y growth higher in Overview:
Slide 9: Order Book Position: FY19
Standalone Rs. Mn Order Book Position Hi-tech Agri Inputs 23,288 Plastic 9,879 Other 483 Total 33,650 Order Book Position : Consolidated Rs. Mn FY 19 Order Book Position Hi-tech Agri Inputs 28,624 Plastic 10,157 Agro 11,566 Other 1,173 Total 51,520 8
Slide 10: Revenue Overview: Q4 FY19
Standalone 2% 6% 36% 62% 94% Hi-Tech Plastics Other Domestic Export Revenue Overview : Q4 FY19 Consolidated 2% 21% 47% 55% 53% 22% Hi-Tech Plastics Agro Other India Rest of World 9
Slide 11: Revenue Overview: FY19
Standalone 3% 10% 26% 70% 90% Hi-Tech Plastics Other Domestic Export Revenue Overview : FY19 Consolidated 2% 21% 49% 52% 51% 25% Hi-Tech Plastics Agro Other India Rest of World 10
Slide 12: Working Capital Analysis
Standalone Days DSO Mar 31, 2019 DSO Dec 31, 2018 DSO Mar 31, 2018 Net Inventory AR Net WC Inventory AR Inventory AR Net WC WC Hi Tech 90 238 250 105 190 206 83 179 165 Plastic 27 132 69 37 103 89 43 90 21 Standalone Co 68 198 182 81 156 164 73 146 115 Inventory better compared to earlier periods
Slide 13: MIS Analysis - India
MIS –Revenue Rs. Mn Q4FY19 Q4FY18 FY 19 FY 18 Retail 4,087 4,818 12,843 13,542 Project 3,502 2,793 8,264 4,976 Domestic Total 7,589 7,611 21,107 18,518 Export 479 1,057 2,653 3,351 MIS Analysis - Total 8,069 8,667 23,760 21,869 India MIS –Receivables Rs. Mn 31-Dec-17 31-Mar-18 31-Dec-18 31-Mar-19 Re
Slide 14: Debt Position
Rs. Bn Mar 31, Dec 31, Change Mar 31, 2019 2018 QoQ 2018 Standalone Long Term 7.90 7.72 0.17 6.44 Short Term 8.46 9.03 -0.57 5.58 Gross Debt 16.36 16.76 -0.40 12.02 Net Debt 16.05 16.35 -0.30 9.37 Consolidated Long Term 31.82 32.01 -0.19 28.12 Short Term 19.17 19.32 -0.15 14.98 Debt Position Gross D
Slide 15: Jain Irrigation – A snapshot
Jain Irrigation – A snapshot 1963 Incorporated in Started our trading business in 1986 #1 #2 #1 agricultural inputs and equipment Company has 30 Micro- Micro- Manufactu manufacturing 10,555+ irrigation irrigation rer of plants Dealers and company company plastic in India globally pipes in 5.2mm dist
Slide 16: Smart Irrigation Solutions
Smart Irrigation Solutions Water Wise: More Crop Per Drop 15
Slide 17: Smart and Amrut City
Smart and Amrut City Smart City: Objective is to promote cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ Solutions AMRUT: Atal Mission for Rejuvenation and Urban Transformation 16
Slide 18: Food business overview
Food business overview Onion Processing Fruit Processing Spices Business 2nd largest onion dehydrator in the world Largest mango processor in the world One of the largest Spice processing facilities in India Product Range Product Range Product Range 17
Slide 19: Global Brand Equity
i O JAIN ity Jain Irrigation Systems Ltd. sina leas ig volun: MICRO IRRIGATION SYSTEMS & EQUIPMENTS - MORE CROP PER DROP® oi sini, nalaport” Acufain ao Smartdean® Borex if a. oe oe NAANDANJAIN Chapin uote Grp Per Crop" More Crop Per Oop” Mor Cop Per Oop Nore cre Ore oe rep Per Oop Aetomstc Seen Fite
Slide 20: Recent Updates (1/4)
Recent Updates (1/4) Jain Irrigation bags one more order of Integrated Micro Irrigation Project in Karnataka o Jain Irrigation has been awarded yet another order of Integrated Micro Irrigation Project in Karnataka. The project is based on "Resource To Root" concept pioneered by Jain Irrigation, wh
Slide 21: Recent Updates (2/4)
Recent Updates (2/4) Jain Irrigation Receives Rs.1.27 Bn Export order from RWANDA: o Jain Irrigation Systems Limited announced a $18.27Million (Approx. INR 127 Crores) contract by Rwanda Agriculture Board (RAB), Kigali, Rwanda for irrigation and watershed development (1220 /1752 Ha) in Mahama Sect
Slide 22: Recent Updates (3/4)
Recent Updates (3/4) Jain Irrigation bags India’s Largest Major Irrigation Project o Jain Irrigation Systems Limited has received Letter of Intent from Water Resources Department, Government of Madhya Pradesh to execute the Mohanpura Major Project. In this project, the total Cultivable Command are
Slide 23: Recent Updates (4/4)
Recent Updates (4/4) More farmers moving over to micro irrigation in Tamil Nadu o Tamil Nadu, which faced criticism of wasting water resources, is showing signs of catching up with other southern States such as Andhra Pradesh and Karnataka in taking to micro irrigation as the State government had
Slide 24: Thank You
Thank You
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