Rallis India Limited · NSE:RALLIS
Rallis India — Q2 FY23 Earnings Presentation
20 slides from Rallis India's earnings presentation, Oct 19, 2022
Slide 1: Submission of Analysts/Investors Presentation cover letter
October 19, 2022 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500355 Symbol: RALLIS Dear Sir/Madam, Sub: Submission of Analysts/Investors Presentation Ref: Lett
Slide 2: Q2 & H1 FY23 Results Presentation
Q2 & H1 FY23 RESULTS PRESENTATION DOMESTIC CROP PROTECTION INTERNATIONAL BUSINESS CONTRACT MANUFACTURING SEEDS PLANT GROWTH NUTRIENTS AGRI SERVICES
Slide 3: Disclaimer
DISCLAIMER This presentation, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions or variatio
Slide 4: Our long term strategy remains on track
OUR LONG TERM STRATEGY REMAINS ON TRACK CROP CARE (DCP/IB/DCN) SEEDS EXTEND PORTFOLIO STRENGTHEN PLUG PORTFOLIO GAPS WIDEN REACH OFFERINGS MANUFACTURING MULTIPLE CHEMISTRY STRONG BD & STRENGTHEN CAPABILITY: FLEXIBLE MPP’s DISTRIBUTION COMPETENCIES PEOPLE & PROCESS SERVING FARMERS THROUGH SCIENCE DCP
Slide 5: Domestic Crop Protection
DOMESTIC CROP PROTECTION Focused on 3 Comprises of domestic Well Research efforts Identified category, pillars - Extend branded formulations and entrenched focused on segment and portfolio gaps portfolio Institutional connect with developing for future product offerings, business farmers customized
Slide 6: International Business
INTERNATIONAL BUSINESS Manufacturing and Committed to Investment in Expanding Upgrading pilot export of Active expand product strengthening synthesis plants to Ingredients, and customer R&D, process capacity at the strengthen Formulations and portfolio in contract scale-up and R&D Centre at process
Slide 7: Domestic Crop Nutrition
DOMESTIC CROP NUTRITION Complete focus on Well defined More than Good future potential Robust products non-subsidized product portfolio 1.8x growth to grow given the in pipeline to fertilizers and crop covering diverse in last 5 years market situation and build stronger nutrients - a niche segments
Slide 8: Seeds Business
SEEDS BUSINESS Engaged in research, Field Crops: Paddy, This is also We have our focus on development, production, Maize, Millet, Cotton, supported through developing high-growth processing and distribution of Mustard and Wheat. in-licensing segments across crop hybrid seeds for field crops and Vege
Slide 9: Investing for future growth plans
INVESTING FOR FUTURE GROWTH PLANS Dahej - Multi Purpose Plant (MPP) Work-in-Progress Dahej CZ Formulation Plant – Processes stabilising Dahej SEZ MPP – Project commissioning during current financial year Copyright © Rallis India Limited. All rights reserved.
Slide 10: Q2, H1 FY23 Results
Q2, H1 FY23 RESULTS Q2, H1 FY23 RESULTS PRESENTATION DOMESTIC CROP PROTECTION INTERNATIONAL BUSINESS CONTRACT MANUFACTURING SEEDS PLANT GROWTH NUTRIENTS AGRI SERVICES
Slide 11: Headlines Q2, H1 FY23
HEADLINES Q2, H1 FY23 Q2 H1 • Q2 revenue ₹951 Cr, 31% growth over PY ; margins impacted by • H1 revenue ₹1814 Cr, 24% growth over PY despite erratic rainfall, competitive intensity and input cost inflation missed sprays and pressure on margins • Domestic Crop Care – Revenue ₹608 Cr (up by 18% over P
Slide 12: Financial Snapshot – Q2, H1 FY23
FINANCIAL SNAPSHOT – Q2 , H1 FY23 ₹ Crs REVENUE EBITDA PAT AEI • Overall revenue higher by 31% as • PAT is reflective of EBITDA trend compared to PY ● EBITDA increased by 34% as as compared to PY Q2. • Crop Care revenue growth of 31%, ● Crop care EBITDA grew by 28%, Seeds business revenue growth of
Slide 13: Financial Snapshot – Crop Care
FINANCIAL SNAPSHOT – Q2, H1 FY23 - CROP CARE ₹ Crs REVENUE EBITDA PAT AEI • Crop Care revenue grew by 31%. for the ● EBITDA increased by 28% as • PAT higher by 21% compared to PY quarter compared to PY Q2. Q2. • Domestic crop care grew by 18% • While margins were satisfactory in • HIgher depreciatio
Slide 14: Financial Snapshot – Seeds
FINANCIAL SNAPSHOT – Q2, H1 FY23 - SEEDS ₹ Crs REVENUE EBITDA PAT AEI • Seeds business revenue higher by 12% • EBITDA almost at similar level to PY • PAT almost at similar level to PY Q2. for the quarter. Q2. • Sales flat vs last year on YTD basis • Higher inventory provisions during H1 (Rs. 25 Crs)
Slide 15: Domestic Market Development
DOMESTIC MARKET DEVELOPMENT PRODUCT PROMOTION FARMER ENGAGEMENT CHANNEL ENGAGEMENT Copyright © Rallis India Limited. All rights reserved.
Slide 16: Product Launch Events
PRODUCT LAUNCH EVENTS Clasto - Insecticide - Cotton White Fly Launched Clasto & Castello Introduction @ Retailer Meet Zaafu - Fungicide Introduction @ AP Copyright © Rallis India Limited. All rights reserved.
Slide 17: Recognition Received
RECOGNITION RECEIVED Indian Chemical Council (ICC) K. V. Mariwala Award 2021 for “Effective Chemical Agri Business Summit & Awards 2022 “Most Innovative Marketing Campaign” Industry-Academia Partnership” to Lote Plant Rallis India Limited has won this category with focus on New Brand Architecture an
Slide 18: Community Support Activities
COMMUNITY SUPPORT ACTIVITIES RUBY – Student Educational interventions Supporting 3 specials schools - 2 from GJ and 1 from MH Intervention in Maths and English Teacher’s training in English and Maths - GJ, MH; Certification test conducted for English - GJ Unnat Gram - Model Tribal Village Interventi
Slide 19: Focus Going Forward
FOCUS GOING FORWARD • Domestic Business: Growth continues to be the focus. With high Inventory levels in the market, the focus will be on judicious liquidation. • International Business : Challenges in International markets due to extreme climatic conditions and high inventory levels. Our focus will
Slide 20: Thank You
THANK YOU FOR ANY QUERIES PLEASE CONTACT BELOW: Subhra Gourisaria subhra.gourisaria@rallis.com SERVING FARMERS THROUGH SCIENCE Vijay Furia Registered Office vijay.furia@rallis.com Rallis India Limited 23rd Floor, Vios Tower, New Cuffe Parade, Off Eastern Freeway, Wadala, Mumbai – 400037 Gavin Desa g