Hindustan Foods Ltd. · NSE:HNDFDS
Hindustan Foods — Q1 FY2022 Earnings Presentation
39 slides from Hindustan Foods's earnings presentation, Aug 11, 2021
Slide 1: Cover letter to BSE for Q1 FY22 investor presentation
®£) Hindustan Foods Limited A Vanity Case Group Company Registered Office: Office No.3, Level-2, Centrium, Phoenix Market City, 15, Lal Bahadur Shastri Road , Kurla (West), Mumbai , Maharashtra, India. 400 070. Email: business@thevanitycase.com Website: www.hindustanfoodslimited .com Tel. No. +91-22
Slide 2: India's Most Diversified Contract Manufacturer – Investor Presentation
INDIA’S MOST DIVERSIFIED CONTRACT MANUFACTURER ’ INVESTOR PRESENTATION FEBRUARY 2021 HINDUSTAN FOODS LIMITED HOMEAugust Investors Presentation CARE |2021 FOOD & BEVERAGES | PERSONAL CARE | LEATHER
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Hindustan Foods Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 4: Q1FY22 Overview
Q1FY22 Overview HFL | HYDERABAD PLANT 3
Slide 5: Key Developments
Key Developments Despite delays due to intermittent lockdowns, the project work for Soaps & Bars plant in The second facility at Silvassa set up to ATC Beverages has signed an LoI (Letter of Intent) Hyderabad and the F&B plant in Uttar Pradesh is manufacture Surface Cleaning Liquid on the back of wi
Slide 6: Key Parameters
Key Parameters Rs. 457.94 crore Masat plant (Silvassa) Rs. 386 crore 126% growth YoY commencement of Commercial GROSS BLOCK TOTAL REVENUES production as on 30th June 2021 for Q1FY22 Rs. 11.14 crore Rs. 5.25 Rs.236 crore 160% growth YoY 160% growth YoY NETWORTH PROFIT AFTER TAX EARNINGS PER SHARE as
Slide 7: Capex Update
Capex Update Uttar Pradesh Silvassa Hyderabad Capex Rs. 125 Cr Capex 200203 Rs. 30 Cr : 202003 Capex Rs. 150 Cr Food & Beverage Home Care Liquid Home & Personal Care • Capex is under taken by the • First facility was set up and • The work for the said facility wholly owned subsidiary ‘HFL commenced
Slide 8: Q1 FY22 Standalone Result Highlights
Q1 FY22 Standalone Result Highlights Revenue# (Rs. Crs.) EBITDA (Rs. Crs.) +126% +78% 457.94 26.84 15.06 202.33 Q1FY21 Q1FY22 Q1FY21 Q1FY22 Profit before Tax (Rs. Crs.) Profit after Tax (Rs. Crs.) +160% +160% 17.15 11.14 6.60 4.28 Q1FY21 Q1FY22 Q1FY21 Q1FY22 7 # Includes Other Income
Slide 9: Standalone Profit & Loss Statement – Q1 FY22
Standalone Profit & Loss Statement – Q1 FY22 Particulars (Rs. Crs.) Q1 FY22 Q1 FY21 Y-o-Y FY21 Total Revenue# 457.94 202.33 126.3% 1,389.09 Cost of Goods Sold 401.51 166.32 1,190.64 Manufacturing & Operating Costs 15.41 9.99 57.82 Gross Profit 41.02 26.02 57.6% 140.63 Employee Expenses 9.00 6.88 30.
Slide 10: Standalone Balance Sheet
Standalone Balance Sheet Particulars (Rs in Crs.) 31-Mar-21 31-Mar-20 Particulars (Rs in Crs.) 31-Mar-21 31-Mar-20 Non-Current Assets 340.32 285.95 Equity 224.41 187.87 Property, plant and equipment 270.35 248.73 Equity share capital 21.20 21.20 Capital work-in-progress 52.81 25.56 Other equity 203.
Slide 11: Summary of Standalone Cashflows
Summary of Standalone Cashflows Particulars (Rs in Cr) FY21 FY20 Operating profit before working capital changes 85.07 56.26 Changes in working capital 5.73 (31.50) Cash generated from operations 90.80 24.76 Direct taxes paid (net of refund) 17.28 7.74 Net Cash from Operating Activities (A) 73.52 17
Slide 12: Historical Standalone Financial Performance
Historical Standalone Financial Performance Rs in Cr Revenue# EBITDA 1,389 86 CAGR CAGR +144.3% +133.4% 57 773 493 458 33 27 140 11 39 3 FY17 FY18 FY19 FY20 FY21 Q1FY22 FY17 FY18 FY19 FY20 FY21 Q1FY22 PAT Gross Block^ 36 375 386 CAGR 309 CAGR 23 +127.5% +168.7% 156 12 11 6 45 1 14 FY17 FY18 FY19 FY2
Slide 13: Message from Managing Director and Group CFO
Message from Managing Director and Group CFO Commenting on the Results, Mr. Sameer R. Kothari, Managing Director said, “Notwithstanding the fact that the YoY performance is not strictly comparable due to the base effect of the last year’s nation-wide lockdown, I am happy to note that we continue to
Slide 14: Piloting through the Covid-19 second wave
Piloting through the Covid-19 second wave Health & Safety Health & Safety of employees have been foremost priority for the company, 01 while meeting all the customer requirements Utilization Levels 02 All the plants have been operational and been running at optimum levels of utilization during these
Slide 15: Protect against Covid-19
Protect against Covid-19 ✓ 81% of Employees across locations have received at least first dose of vaccination ✓ 15% of Employees across locations are completely vaccinated ✓ The Vaccination drive covered family members of the employees as well ✓ The vaccination drive covered contract labourers worki
Slide 16: HFL at a Glance
HFL at a Glance HFL GOA PLANT 15
Slide 17: We Have The EDGE
We Have The EDGE THE BRAWN BEHIND YOUR BRANDS 11 Pioneers in FMCG Contract Manufacturing [Product + Service] One-stop contract 30+ manufacturing solutions & consistently deliver YEARS OF SITES quality products EXPERIENCE Most Diversified and Trusted FMCG contract manufacturers for Domestic and Inter
Slide 18: The Vanity Case Group
The Vanity Case Group 12 30+ Exclusive State of the ART R&D Lab Private Label Sites Years of Division Experience Wide-ranging Pioneers in New Products & Packaging Concept to Market Solutions F&B and Home Care Categories development experts Caters to Private Labels Domestic and Export Markets For Ret
Slide 19: Our Journey
Our Journey Commenced the merger of the powder detergent manufacturing Hyderabad unit into HFL (completed in 2019-20) Acquired a Mumbai-based shoe manufacturing unit Acquired more than 40% stake in ATC Beverages Private Ltd., Mysuru, engaged in the business of manufacturing and distribution of soft
Slide 20: Our Product Portfolio
Our Product Portfolio Most Diversified Contract Manufacturing Company in the Country Food & Beverages Home Care Personal Care Leather & Knitted Shoes Hair Care Leather & Knitted Shoes Extruded Cereals & Snacks Fabric Care • Shampoo, Hair Oil & Hair Foods • Hair Gel & Hair Cream and Accessories • Bre
Slide 21: Business Models | How we do it
Business Models | How we do it Entire Dedicated Manufacturing The entire manufacturing facility is built-to-suit, exclusively utilised for the Principal Company Anchor-Tenant Manufacturing & Shared Manufacturing The manufacturing facility is not entirely dedicated to a single Principal Company, but
Slide 22: Long term Relationships with major FMCG Brands
> ~==============~--- @_® F We have Long term Relationships with major FMCG Brands .® rec k1tt DANONe cmam1* ONE PlANET. ONE HEAlTH GlaxoSmithKiine HERBAL HEALTHCARE Gabof Jomos ~PEPSICO HECTOR :... BOMBAY ~~~._ SHAVING COM PI\ NY BEVERAGES mar1co I '1' ' Lirnited •• •••• • • • •••• ••••••• • amazon
Slide 23: Experienced Board
Experienced Board Shrinivas Dempo | Chairman, Non-Executive Nikhil Vora | Non-Executive Director ▪ Shrinivas Dempo is the third-generation entrepreneur and chairman of ▪ Nikhil Vora is the founder and CEO of Sixth Sense Ventures Goa’s Leading business House, Dempo ▪ Nikhil was earlier the Managing D
Slide 24: Professional Management Team
Professional Management Team Mayank Samdani Ravindar Rathi Govind Singh Rawat Group CFO GM, Operations North GM, Operations South Chartered Accountant with 18 years of An Ops. & Mfg. professional with expertise A Mechanical Engineer with 30 years of experience and expertise in the area of in develop
Slide 25: Certifications
> ~==============~--- Certifications @_® F ~ BRC FOOD CERTIFICATED ~ Food Safety Sys;tem Certification 22000 '- ?""""' 24
Slide 26: Manufacturing Facilities
Manufacturing Facilities HFL | JAMMU PLANT 25
Slide 27: State-of-the-Art Manufacturing – Jammu, Coimbatore
State-of-the-Art Manufacturing JAMMU COIMBATORE • Spread across 35,143 square meters of area at IGC II, SIDCO Samba • Spread across 85,000 square feet and the facility commenced production in December 2018 • Unit was acquired from Reckitt by the end of 2017 and commenced commercial production from 2
Slide 28: State-of-the-Art Manufacturing – Hyderabad, Silvassa
State-of-the-Art Manufacturing HYDERABAD I SILVASSA I & II • This facility is engaged in the manufacturing of detergent powders • Unit boasts of a fully automated end-to-end material handling where we manufacture 70,000 tonnes of detergent powder for national brands Capacity: Powder: 70,000 TPA HYDE
Slide 29: State-of-the-Art Manufacturing – Puducherry, Mumbai
State-of-the-Art Manufacturing PUDUCHERRY MUMBAI • Facility was an acquisition by HFL of Ponds Exports Ltd. which is a subsidiary of Hindustan Unilever Ltd. in 2016-2017 • Manufactures Leather shoes and accessories • Unit was acquired as an on-going concern • Robust quality assurance system, excelle
Slide 30: State-of-the-Art Manufacturing – Goa, Mysuru
State-of-the-Art Manufacturing GOA MYSURU* • Plant is located at Usgaon, Ponda, that is spread across 52,625 square meters of area • Manufactures food products such as cereals, porridges and snacks • HFL acquired 44.5% stake in ATC Beverages Ltd. • Facility is equipped with the state-of-the-art twin
Slide 31: Future Growth Strategy
Future Growth Strategy HFL | COIMBATORE PLANT 30
Slide 32: Evolution of Contract Manufacturing
Evolution of Contract Manufacturing Phase IV (The Future) Phase III (Present Times) Phase II • Global sourcing hub like Pharma generics (The 2000’s) Phase I • GST • Explosion of small brands who do not want to invest (The 1980’s) • One Country one market in manufacturing facilities • Area-based rese
Slide 33: Industry Opportunity is huge
Industry Opportunity is huge FMCG Market Size Personal Care Outsourced Manufacturing ~50% Opportunity Home / Health Care* Rs. 50,000 Crores - Rs. 1,00,000 Crores ~31% Company Estimates $103.70 Billion translates to Food & Beverages ✓ HFL is the most diversified and versatile contract manufacturing c
Slide 34: Barriers to Entry makes us even more Competitive
Barriers to Entry makes us even more Competitive Setting up Efficient allocation Manufacturing plant is of resources to capital intensive Skilled Labour Management fuel growth Logistics & Stringent Quality Control Regulatory & Increasing competitiveness Supply chain (QC) of Customers Environment in
Slide 35: HFL is best placed to capitalize on the Growth Story
HFL is best placed to capitalize on the Growth Story One of the Largest Organized Management Expertise Largest Organized Management Player with decades of with over two decades of experience Player experience Expertise in contract manufacturing HFL’s Redefined Business Longer Term Relationships with
Slide 36: Multiple Levers of Growth
Multiple Levers of Growth Business approach Specialized Business Foster Innovation Asset-light Operating Approach Models by Brands Customers & Strategy to engage into Outsourcing Partners Strategy to pass on the core business activities work together to operational complexities and outsource develop
Slide 37: Building a sustainable Future
Building a sustainable Future • New factories have solar power plants installed overhead, and rainwater harvesting • Have begun installing briquette boilers to replace the traditional coal fired ones • Ensuring smart lights and air-conditioning, digital payments and signatures, minimal paper • Worki
Slide 38: Corporate Social Responsibility
Corporate Social Responsibility There is nothing more rewarding than giving back to the society and making a difference • As a responsible Corporate Entity, committed towards the upliftment and development of the local communities we work with. We leverage our resources, experience and geographic sp
Slide 39: Thank You
Thank You Company: Investor Relations Advisors: Hindustan Foods Limited Strategic Growth Advisors Pvt. Ltd. CIN: L15139MH1984PLC316003 CIN: U74140MH2010PTC204285 Mr. Vimal Solanki Mr. Rahul Agarwal / Mr. Vijay Goel vimal.solanki@thevanitycase.com rahul.agarwal@sgapl.net / vijay.goel@sgapl.net +91 98