Modi Naturals Limited · NSE:MODINATUR
Modi Naturals — Q3 FY2025 Earnings Presentation
40 slides from Modi Naturals's earnings presentation, Jan 29, 2025
Slide 1: Cover letter to BSE - Investor Presentation January 2025
29th January 2025 Corporate Relationship Department Scrip Code: 519003 BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai - 400 001 Dear Sir / Madam, Sub: Investor Presentation – January 2025 We are forwarding you a copy of Investor Presentation – January 2025 of the Company. This is for your kind
Slide 2: Modi Naturals Limited Investor Presentation: January'25
Modi Naturals Limited Investor Presentation: January’25 Website
Slide 3: Safe Harbour
Safe Harbour This presentation has been prepared by and is the sole responsibility of Modi Naturals Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or ind
Slide 4: Q3 & 9MFY25 Result Highlights
Q3 & 9MFY25 Result Highlights
Slide 5: Management Commentary
Management Commentary Commenting on the performance, Mr. Akshay Modi, Joint Managing Director, of Modi Naturals, said, “We are pleased to report an exceptional performance in Q3FY25, with revenue growing 71.4% YoY and 22.1% QoQ, driven by strong contributions from all divisions. The Bulk Division de
Slide 6: Division Performance- Q3FY25
Division Performance- Q3FY25 Ethanol Division Consumer Division Bulk Division Rs in cr Revenue EBITDA Revenue EBITDA Revenue EBITDA 2.3 80.4 81.7 9.9 10.3 46.6 4.6 56.2 44.3 53.0 41.3 3.6 -0.3 1.4 19.6 7.0 0.0 -4.1 Q3FY24 Q2FY25 Q3FY25 Q3FY24 Q2FY25 Q3FY25 Q3FY24 Q2FY25 Q3FY25 Q3FY24 Q2FY25 Q3FY25 Q
Slide 7: Transforming Into A Multi Brand FMCG Company
Transforming Into A Multi Brand FMCG Company Segment Sales FY12 9MFY25 • Traditional commodity business • Premium grocery segment • VS • Products include Olive Oil, Products include Rice Bran Oil, 43.9% Rice Bran De-Oiled Cakes, Rice 100.0% Canola Oil, Rice bran oil, 56.1% Popcorn, Pasta, Peanut But
Slide 8: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account Profit and Loss (in Rs. Crs) Q3FY25 Q3FY24 YoY Q2FY25 Q-o-Q 9MFY25 9MFY24 Y-o-Y FY24 Revenue from Operations 179.0 104.5 71.4% 146.6 22.1% 473.2 280.0 69.0% 399.8 Cost of Goods Sold 141.3 81.8 109.2 365.8 211.8 300.0 Gross Profit 37.7 22.6 66.6% 37.4 0.9% 107.4 68.
Slide 9: Standalone Profit & Loss Account
Standalone Profit & Loss Account Profit and Loss (in Rs. Crs) Q3FY25 Q3FY24 YoY Q2FY25 Q-o-Q 9MFY25 9MFY24 Y-o-Y FY24 Revenue from Operations 97.3 97.5 -0.2% 66.2 47.0% 233.4 273.0 -14.5% 357.8 Cost of Goods Sold 73.0 76.3 41.7 164.2 206.2 265.4 Gross Profit 24.3 21.2 14.6% 24.5 -0.9% 69.2 66.8 3.6%
Slide 10: Way Forward
Way Forward Guidance Growth Drivers Revised Branded Particulars (Rs in Cr) FY24 FY25E Y-o-Y ✓ Launch of new products in niche categories FY25E ✓ Expansion on assortment on quick commerce, modern and general trade 400 700 680 ✓ Hiring a new brand ambassador Total Revenue 70.0% Rational behind revisio
Slide 11: Our Business
Our Business
Slide 12: Modi Naturals - At A Glance
Modi Naturals - At A Glance Position • 3rd Largest Super Premium INTEGRATED VALUE-ADDED PLAYER OFFERS COMPREHENSIVE RICE RANGE Edible Oil Brand FROM OIL TO ETHANOL • Largest in the Goodness of Rice Olive Oil Space Only Player Making Unique Proposition Multi-Source Olive Oil • • Rice Bran Oil (Bulk O
Slide 13: New Launches in the Food Business
New Launches in the Food Business • We are extending our range of ready to cook pasta and adding new shapes i.e., macaroni and spaghetti • With our commitment to innovation in the food category, we are launching a one of its kind multi-grain pasta with the goodness of 4 Pasta grains, in the premium
Slide 14: Product Portfolio
Product Portfolio Edible Oil BRANDED Ready To Cook Segment Ready To Eat Segment Rice bran oil Rice bran de- oiled cakes BULK OIL ETHANOL Rice bran wax 13
Slide 15: Consumer Business
Consumer Business Modi Natural’s Presence Super Premium Olivana, Extra Virgin Olive Oil, Olive Pomace Edible Oil Oil, Miller Canola Oil (Canola Oil, Olive Oil) Premium Multisource Oil Oleev Active, Oleev Health, Oleev Smart (Rice Bran + Olive Oil, Rice Bran + Canola Oil) Commodity Based Edible Oil (
Slide 16: Flagship Product – Oleev Active
Flagship Product – Oleev Active Health Benefits High Smoke Point Oleev Active's high smoke point makes it suitable for frying. It Multisource Oil Immune Booster prevents fatty acid degradation at high temperatures, making food Multisource Healthy Oil with a Rich in oryzanol that boost healthier uniq
Slide 17: Sneak Peak Of The Oleev Brand
Sneak Peak Of The Oleev Brand • Low on SFA that • Vitamin E in Oleev • Contains Omega • Rich in vitamins A, D, • Easily digested ensures a smooth Pomace shields the 3, 6, 9 along with E & K, which are vital and helps with blood flow and body from goodness of for smooth weight loss higher energy leve
Slide 18: Sneak Peak Of The Oleev Brand
Sneak Peak Of The Oleev Brand • 26gm protein per • Natural Olive Oil • Omega 3 & 6 helps • Low absorption • Rich in protein 100gm serving with Vitamin E & Pro to improve the technology, up to • Source of fibre • Source of Calcium, vitamin A nutrition value of 20% low fat intake • Untouched by hand P
Slide 19: From Rice To Oil
From Rice To Oil Rice Bran Air Separator Broken Rice Animal Feeds Steam Cooking & Drying Solvent Solvent Storage Solvent Extraction Desolventizing Deoiled Bran Refined Rice Bran Oil Condenser Distillation Crude Rice Bran Oil Degumming Decoloration Dewaxing Deodorization Degrease Modi Naturals Produc
Slide 20: From Rice To Ethanol
From Rice To Ethanol Grain Storage Milling Cooking Liquefaction DDGS* Distillation Fermentation To Fuel Market Storage 19 *Dried Distillers Grains Used for Animal Feed
Slide 21: De-coding the Ethanol Business
De-coding the Ethanol Business • Received an approval for 310 KLD distillery High Margin Product • 1st phase of 130 KLPD commenced in Q3FY24 with a capital expenditure of Rs 150 cr Large Demand Supply gap • 2nd Phase of 180 KLPD is in progress with an estimated capital expenditure of Rs ~100 cr Key
Slide 22: Ethanol – a step Towards Growth
Ethanol – a step Towards “Growth…..!” Increased Production ADVANTAGES Increasing Blending Rate has led to Capacity 01 Environment Friendly Molasses Grain Total (Cr Litre) Growth Opportunity for Modi Naturals Supports sugarcane, 02 maize & rice 2x 3.5x 3x 20% farmers 760 740 1,500 10% 426 Cuts Oil 65
Slide 23: Grain-Based Ethanol Distillery
Grain-Based Ethanol Distillery Operating Capacity Capex Incurred Power Plant 130 KLD 5.5 MW Rs. 150 cr (Phase 1) Fermentation Distillation Silo Powerhouse Storage Tank Commenting on the commercialisation of the plant, Mr. Akshay Modi, Managing Director of Modi Naturals Ltd., said, “The commissioning
Slide 24: Manufacturing Units
Manufacturing Units Pilibhit (Uttar Pradesh) Hyderabad Sonipat (Haryana) Rice Bran Oil & Oil Packing Line Popcorn Unit Oil Packing Line Solvent Extraction - 800 TPD Packing Line - 25 TPD Packing Line - 5 TPD Refinery - 100 TPD Packing Line - 50 TPD Leased and thus Leased and thus Asset Light Asset L
Slide 25: Our Journey
Our Journey 1974: Incorporation of 1992: Establishment of the 2009:Launch of Refined Rice Oil 2015: Started new consumer Incorporated Modi Biotech the Company edible oil refinery in Pilibhit, U.P by up-gradation of refinery brands: Rizolo, Olivana Wellness Pvt. Ltd (W.O.S) for the 1985: Listed on BS
Slide 26: Marketing Strategy
Marketing Strategy
Slide 27: The Modi Naturals Advantage
The Modi Naturals Advantage Oleev Branded Products – Healthy Food Category Only company in India refining olive oil & Oleev Kitchen - Peanut Butter Oleev Kitchen - Pasta selling blended olive oil Gluten Free & High Protein 0% Maida Premium Grocery Product Market Size growing at Extension to 30% CAGR
Slide 28: Distribution Channels
Distribution Channels Modern Trade Channels Retail Sales Canteen Store Department Direct Reach 50,000+ outlets Modern Retail Outlets 3,000+ E-Commerce Platforms Sales Depot 20+ Distributors 450+ 27
Slide 29: Strategy Building
Strategy Building Leverage Multi– Strong & Competitive 01 06 Brand Distribution Portfolio 02 05 Digital First Approach to Focused Social Media brand building & Content Strategy 03 04 In-house D2C Fitness Icon As Platform Brand Ambassador 28
Slide 30: Key Focus Areas
Key Focus Areas Multi – Brand Health With Approach Taste New Product Ethanol to be the Development in Branded growth driver Segment 29
Slide 31: Management Team
Management Team
Slide 32: Visionaries Driving The Business
Visionaries Driving The Business Mr. Anil Modi- Chairperson & Managing Director • Mr. Anil Modi, aged 63, is one of the founding members of Modi Naturals Limited • He is on the Board of the Company since 1976 • He has over 3 decades of invaluable experience in the line of the business of the Company
Slide 33: Board of Directors
Board of Directors Aditi Modi Udit Jain Ankita Singal Ankit Garg Whole Time Director Independent Director Independent Director Independent Director • She is B.Com (H) from • He is a Commerce • Ms. Aditi Modi is a finance • He is a commerce Lady Sriram College for Graduate and having professional wit
Slide 34: Historical Financials
Historical Financials
Slide 35: Standalone Performance Highlights
Standalone Performance Highlights Revenue from Operation EBITDA PAT Rs in Crs 14.9 10.5 474.3 12.7 9.4 442.7 418.0 388.3 357.8 7.4 4.6 5.3 5.6 1.2 0.9 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 EBITDA % PAT % 3.1% 2.4% 2.9% 2.0% 1.9% 1.6% 1.2% 1.3% 0.3% 0.3% FY20 FY21
Slide 36: Financial Strength
Financial Strength Net Net Worth Worth Cash CashFlow Flow From Operations From Operations Net Net Block Block 25.8 Rs in Crs 19.4 20.4 93.0 19.3 19.2 19.5 81.9 12.3 18.3 77.2 67.9 57.4 4.0 -8.2 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 R
Slide 37: Standalone Profit And Loss Statement
Standalone Profit And Loss Statement Profit and Loss (in Rs. Crs) FY24 FY23 FY22 FY21 FY20 Revenue from Operations 357.8 418.0 474.3 442.7 388.3 Cost of Goods Solds 265.4 329.5 373.9 360.8 313.2 Gross Profit 92.4 88.4 100.4 81.9 75.2 Gross Profit Margin 25.8% 21.2% 21.2% 18.5% 19.4% Employee Cost 23
Slide 38: Standalone Balance Sheet
Standalone Balance Sheet Assets (in Rs. Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Equity & Liabilities (in Rs. Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Non - Current Assets 54.7 47.9 33.1 22.1 24 Total Equity 93.0 81.9 77.2 67.9 57.4 Share Capital 13.3 12.7 12.7 12.7 12.7 Property Plant & Equipments 18
Slide 39: Standalone Cash Flow Statement
Standalone Cash Flow Statement Particulars (Rs. Crs) FY24 FY23 FY22 FY21 FY20 Net Profit Before Tax 1.0 2.0 13.0 14.0 3.6 Adjustments for: Non-Cash Items / Other Investment or Financial Items 6.0 5.9 4.3 1.7 7.1 Operating profit before working capital changes 6.9 7.9 17.3 15.7 10.7 Changes in workin
Slide 40: For further information, please contact
For further information, please contact Company: Modi Naturals Limited CIN - L15142DL1974PLC007349 Mr. Akshay Modi cs.mnl@modinaturals.org www.modinaturals.com Investor Relations Advisors : Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Mr. Mandar Chavan / Mr. Rahul Agarwal mandar.c