Awl Agri Business Ltd · NSE:AWL
Awl Agri Business — Merger or Acquisition (March 2025)
24 slides from Awl Agri Business's merger presentation, Mar 4, 2025
Slide 1: Stock exchange cover letter on G.D. Foods acquisition
adani wilmar Ref No: AWL/SECT/2024-25/108 Date: March 4, 2025 To, BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 543458 Scrip Code: AWL Sub: Investor Presentation
Slide 2: Adani Wilmar to acquire G.D. Foods
Adani Wilmar to acquire G.D. Foods 4h March 2025 adani wilmar ~ For a healthy growing nation edible oils and foods
Slide 3: Disclaimer
Disclaimer The information contained in this presentation is provided by Adani Wilmar Limited (together with its subsidiaries, the “Company” or “AWL”) to you solely for your reference and for information purposes only. By accessing this presentation, you are agreeing to be bound by the trailing rest
Slide 4: AWL - Company Overview
AWL - Company Overview 3 '1 rtune· edible oi~ and foods
Slide 5: AWL: One of the largest packaged Foods Company in India
AWL: One of the largest packaged Foods Company in India Packaged Staple Foods revenue of ~INR 37,000 Crore* Pan-India player (70%+ of overall oil & food sales) Market share in #3 Household Reach consumer pack# #1 #2 ▪ Edible Oil: ~18% 121 Million ▪ Wheat Flour: ~6% Households ▪ Basmati Rice: ~6% #1
Slide 6: AWL: Addressing large opportunity in packaged staple foods
AWL: Addressing large opportunity in packaged staple foods Our Business segments Edible Oil & Foods business Chemicals & other Industrial Essentials Edible Oil Food & FMCG Industry Essentials Major Products Products Products Soap Noodles Glycerine Stearic Acid Distilled Fatty Acid Sunflower Soyabean
Slide 7: AWL has been a compounding growth story since inception in 1999
AWL has been a compounding growth story since inception in 1999 Revenue EBITDA INR Crores INR Crores 23% 23% CAGR CAGR 64% 37% 18% 38% 34% 17% 13% 30% 30% 10% 16% 6% 58,726 2,390 29,657 1,310 - - - 3,393 12,043 17,887 417 1,825 141 404 FY 01 FY 04 T - FY 08 T FY 12 T FY 16 FY 20 T LTM Dec'24 15 FY 0
Slide 8: Large TAM in staple foods; few large players have capabilities to benefit from formalization
Large TAM in staple foods; few large players have capabilities to benefit from formalization Edible oil & Staples together form 60-70% of the Indian kitchen / grocery spends TAM Category Branded % (in Lakh Cr.) Edible Oils 2.0 75% ·------------- i I Wheat 1.5 I I 12% I Rice 2.1 11% Large scope to im
Slide 9: AWL's platform strength is visible in numerous success stories
AWL’s platform strength is visible in numerous success stories Adani Wilmar has built a Strong Platform → Launchpad for Further Expansion Launch of Alife Soap in Kohinoor acquired HoReCa team set up Branded Wheat Flour in Chennai (GT): 2020 in May 2022 in Q1 FY23 Exports MS%* 17.1% Crossed INR 100+
Slide 10: G.D. Foods Manufacturing (India) Private Limited
G.D. Foods Manufacturing (India) Private Limited 9 '1 rtune· edible oi~ and foods
Slide 11: Tops - One of India's leading Sauces and Pickles Player
“Tops” - One of India’s leading Sauces and Pickles Player Trusted Brand with 40+ years legacy Key Highlights Well established products in the market ] A leading packaged foods player with strong brand recall in North & Central India 1984 Started as noodle brand 1990 Launched Pickles 1990-1996 INR 38
Slide 12: Strong business rationale for acquisition of GD Foods
Strong business rationale for acquisition of GD Foods ▪ Enrichment of portfolio with value-added products, while staying focused on kitchen essentials ▪ Addition of very large range of high gross margin products ▪ Addition of another strong brand in kitchen essentials category ▪ Unlocking value of t
Slide 13: TOPS Wide Range of PRODUCTS
TOPS Wide Range of PRODUCTS ,,--------- ,-~ I 1 Y II H Cf I•· f ,' ' TOMAT
Slide 14: Tops - Large range of Products focusing on kitchen needs
“Tops” - Large range of Products focusing on kitchen needs Sauces and Condiments Meal preparation Cooking Aids Hero products No. 3* brand in No. 1* brand snack Noodles & Instant Vermicelli tomato ketchup sauce noodles Ginger- No. 1* in culinary Corn Starch .. sauces garlic Paste Hero products ~ CHOC
Slide 15: Tops - Strong position in its core market and key products
“Tops” - Strong position in its core market and key products Strong Brand Recall in North & Central Markets Strong Brand Equity: Amongst top 3 Players in North India No. 3 player in Tomato Ketchups* No. 1 Player in Snack Sauce Key Markets ** Revenue | By Geography| FY24 (inventors of category) Uttar
Slide 16: AWL's strengths will lead to value unlocking of Tops
AWL’s strengths will lead to value unlocking of “Tops” Sales & Distribution Rural Penetration Pan-India Presence of AWL Alternate Channels Expand select products to non-core North (core market of Tops) is also Use AWL infra & distribution to markets, initially through alternate Strong partnerships o
Slide 17: Transaction Overview
Transaction Overview ▪ AWL will initially acquire 80% shares from existing promoters, subject to fulfilment of various terms & conditions Transaction Structure ▪ Balance 20% shall be acquired in a phased manner over next 3 years ▪ Existing promoter will continue to support in the value creation and
Slide 18: Tops accelerates AWL's journey towards margin-accretive products
“Tops” accelerates AWL’s journey towards margin-accretive products Staple Packaged Food Value-added Portfolio AWL Brand Portfolio Tops portfolio to cover existing white spaces Sauces Edible Oil Wheat Flour edible oils ond foods Pickles Acquired •a• Products Basmati & Sooji, Rawa, Maida Vinegar Regio
Slide 19: India Ka Top Taste
For more information on product range & offerings Click to visit INOIA Ka Top Taste™ '1 rtune· edible oi~ and foods
Slide 20: Snapshot of AWL's product portfolio evolution
Snapshot of AWL’s product portfolio evolution 20mlEXTRA' al1fe "~i:::.!· 2023 2000 2013 2016 2018 2020 Acquired exclusive rights for Kohinoor (India region) from Brand Fortune Fortune Besan Vivo Oil GN Activ and Khaman Fortune Sugar, McCormick Switzerland GMBH launched Dhokla Besan Alife Handwash 20
Slide 21: Aspiration to become India's largest Food FMCG player
Aspiration to become India’s largest Food FMCG player h not s s bestw n coo ed ith edible oils and foods '1 rtune· edible oi~ and foods
Slide 22: Advisors for the transaction
Advisors for the transaction Role Advisors for AWL Exclusive Financial Advisor ▪ KPMG India Corporate Finance ▪ PricewaterhouseCoopers Services LLP pwc Due Diligence Advisors ▪ Cyril Amarchand Mangaldas <'} ril amar<'hand mangaldas ahead of the curve Legal Counsel ▪ Cyril Amarchand Mangaldas <'} ril
Slide 23: Thank You
Thank You adani wilmar ~ For a healthy growing nation edible oils and foods
Slide 24: Legal Disclaimer
Legal Disclaimer The information contained in this presentation is provided by Adani Wilmar Limited (together with its subsidiaries, the “Company” or “AWL”) to you solely for your reference and for information purposes only. This presentation is highly confidential and is being given solely for your
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