Slide 1: Stock exchange filing cover letter
1st August 2022 BSE Limited National Stock Exchange of India Ltd Mumbai Mumbai SCRIP CODE: 512070 SYMBOL: UPL Sub: Investor presentation Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing the investor presentat
Slide 2: Q1 FY23 Performance Presentation
Q1 FY23 Performance Presentation August 2022
Slide 3: Safe Harbor Statement
Safe Harbor Statement This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of UPL Limited (UPL) and certain of the plans and objectives of UPL with respect to these items. Examples of forward- looking statements include
Slide 4: Q1 FY23 Business Highlights – Solid Growth in Revenue and Profitability
Q1 FY23 Business Highlights – Solid Growth in Revenue and Profitability ₹ 10,821 Cr 43.7% ₹ 2,342 Cr ₹ 877 Cr Revenue Contribution Margin EBITDA Net Profit +27% +26% Vol.+6%, Price +18% +7 bps +29% Margin: 21.6% FX +3% • Robust growth led by significant pick-up in realizations and higher volumes in
Slide 5: Q1 FY23 Performance Highlights – Strong Growth led by Pricing
Q1 FY23 Performance Highlights – Strong Growth led by Pricing (₹ Crore ) Q1 FY 2023 Q1 FY 2022 YoY% Revenue Variance (%) Revenue 10,821 8,515 27% 3% Contribution Profit 4,734 3,719 27% 18% Contribution Margin 43.7% 43.7% 7 bps SG&A Expenses 2,392 1,856 29% 6% EBITDA 2,342 1,862 26% Volume Price Exch
Slide 6: Q1 FY23 Regional Highlights – Double Digit Across All Regions except India
Q1 FY23 Regional Highlights – Double Digit Across All Regions except India (₹ crore) Latin America North America Europe Rest of World India 38% 47% 13% 31% 8% 3,464 1,765 2,067 1,728 1,914 2,507 1,796 1,522 1,350 1,221 Q1FY23 Q1FY22 Strong growth led by improved Strong herbicide growth led Growth de
Slide 7: Reimagining Sustainability Highlights
Q1 FY23 Reimagining Sustainability Highlights • Successfully hosted 2nd OpenAg Symposium in partnership with the University of Oxford and The Oxford India Centre for Sustainable Development looking at ‘Food Futures in a Changing climate: Reimagining the role of global agriculture on the path to Net
Slide 8: Detailed Profit and Loss Statement
Q1 FY23 Detailed Profit and Loss Statement All Figures are in ₹ Crore Particulars Q1 FY23 % of Sales Q1 FY22 % of Sales Change % Revenue from operation 10,821 100% 8,515 100% 27% Cost of Production 6,087 56% 4,796 56% Contribution Profit 4,734 44% 3,719 44% 27% SG&A Expenses 2,392 22% 1,856 22% EBIT
Slide 9: Finance Cost and Other Income Breakdown
Q1 FY23 Finance Cost and Other Income Breakdown Finance Cost Breakdown (₹ crore) Other Income Breakdown (₹ crore) Particulars Q1FY23 Q1FY22 Change Particulars Q1FY23 Q1FY22 Change Interest on Borrowings 478 282 196 Interest Income 54 18 36 Other Financial Charges 25 50 (25) Net Exchange Impact (197)
Slide 10: Sequential Increase in NWC due to Reduced Factoring, FX Impact & Inventory Build-up
Sequential Increase in NWC due to Reduced Factoring, FX Impact & Inventory Build-up Consciously reduced Q1FY23 Q1FY22 (No. of days) factoring quantum as compared to Q1FY22 to 145 145 optimize interest cost in 128 125 certain geographies 118 118 5,608 108 91 80 3,089 588 14,240 10,563 8,632 NWC on Qo
Slide 11: Cash Flow and Debt Position as on 30th June 2022
Q1 FY23 Cash Flow and Debt Position as on 30th June 2022 Cash generated by Net Debt Position – June 2022 Business in Q1 FY23 Funds Utilized & Raised in Q1FY23 All figures are in ₹ Crore and US$ Mn Particulars June’22 Mar’22 Change 1,399 30,123 25,866 +4,257 Gross Debt $3,814 $3,416 +$398 5,608 Cash
Slide 12: FY23 Guidance Revised Upwards
FY23 Guidance Revised Upwards Revised Guidance +12 - 15% +15 - 18% Revenue Growth EBITDA Growth Old Guidance 10%+ +12 - 15% Revenue Growth EBITDA Growth Presentation for First Quarter ended 30th June 2022 11
Slide 13: Appendix
APPENDIX 12
Slide 14: Advanta Performance Highlights – Robust Traction in Revenue and EBITDA
Q1 FY23 Advanta Performance Highlights – Robust Traction in Revenue and EBITDA (₹ Crore ) Q1 FY 2023 Q1 FY 2022 YoY% +28% Revenue Growth vs LY Revenue 841 657 28% • Strong Growth in 1) Field Corn in India 2) Canola in Australia, and 3) Field and Fresh corn in Thailand Contribution Profit 487 379 28%
Slide 15: Thank You
eo Thank You