Avanti Feeds Limited · NSE:AVANTIFEED
Avanti Feeds — Q4 FY18 Earnings Presentation
21 slides from Avanti Feeds's earnings presentation, June 2018
Slide 1: Cover letter to stock exchanges for audio conference call
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Slide 2: Avanti Feeds Limited Q4 & FY18 Result Update
AVANTI FEEDS LIMITED Q4 & FY18 Result Update MAY 2018
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Avanti Feeds Limited based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairn
Slide 4: Index
Index RESULT HIGHLIGHTS 4 OPERATIONAL HIGHLIGHTS 8 THE PATH FORWARD 11 FINANCIAL STATEMENTS 14 ANNEXURE 18 3
Slide 5: Result Highlights
RESULT HIGHLIGHTS
Slide 6: Quarterly Highlights
Quarterly Highlights REVENUES (INR mn) EBITDA (INR mn) EBITDA (%) PAT (INR mn) 24.2% -2.8 % -441 bps -3.1% 9,000 1,400 1,363 22.0 1,100 8,343 1,326 20.3 887 860 7,500 18.0 6,716 15.9 1,100 650 6,000 14.0 4,500 800 10.0 200 Q4FY17 Q4FY18 Q4FY17 Q4FY18 Q4FY17 Q4FY18 Q4FY17 Q4FY18 5
Slide 7: Annual Highlights
Annual Highlights REVENUES (INR mn) EBITDA (INR mn) EBITDA (%) PAT (INR mn) 29.7% 106.7 % 802 bps 106.1% 45,000 8,500 25.0 5,500 7,309 21.5 4,665 35,000 33,929 4,500 6,000 20.0 26,157 25,000 3,500 3,537 3,500 15.0 13.5 15,000 2,500 2,263 5,000 1,000 10.0 1,500 FY17 FY18 FY17 FY18 FY17 FY18 FY17 FY18
Slide 8: Key commentary on the quarter results
Key commentary on the quarter results SHRIMP FEED : • Shrimp Feed revenues increased by 20% YoY • EBITDA margins declined by 9.62% mainly due to higher raw material cost of Fish Meal & Soya DOC. • PAT dipped by 5.45% YoY to INR 764mn. PROCESSING & EXPORT : • Shrimp Processing & Export revenues incre
Slide 9: Operational Highlights
OPERATIONAL HIGHLIGHTS
Slide 10: Operational Highlights - Quarterly
Operational Highlights - Quarterly Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Production (MT) Shrimp Feed 96970 83245 67865 100772 131912 101496 84474 110570 Shrimp Processing 1700 1504 1085 1001 2037 3051 2391 1626 Sales (MT) Shrimp Feed 96705 84193 66975 93787 138532 102498 84890 1043
Slide 11: Operational Highlights - Annually
Operational Highlights - Annually FY14 FY15 FY16 FY17 FY18 Production (MT) Shrimp Feed 145930 235752 252032 348851 428452 Shrimp Processing 3552 3521 4394 5289 9376 Sales (MT) Shrimp Feed 149891 233489 252590 341660 430314 Shrimp Processing 3289 3409 4377 5155 7857 Particulars (INR mn) Shrimp Feed r
Slide 12: The Path Forward
THE PATH FORWARD
Slide 13: Industry Highlights
Industry Highlights Shrimp Culture Scenario in India • Shrimp culture in India grew consistently YoY since introduction of Vannamei culture. According to a survey, India has about 11,90,000 Ha area potential for development of shrimp culture mainly in Maritime States. Out of which, only about 1,53,0
Slide 14: Growth Strategy Ahead
Growth Strategy Ahead SHRIMP FEED : • The expanded capacity of feed from 4.25 lakh tonnes to 6 lakh tonnes per annum will be fully operational in FY19. • shrimp feed sales growth is projected at a minimum level of 10% in FY19 over FY18. • Feed market share is projected to increase from 43% in FY18 t
Slide 15: Financial Statements
FINANCIAL STATEMENTS
Slide 16: Profit & Loss Statement - Quarterly
Profit & Loss Statement - Quarterly Consolidated Profit & Loss (INR mn) Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Income from Operations 7,243.8 6,845.3 5,352.2 6,716.1 9,981.7 8,540.2 7,064.3 8,342.8 Other Income 18.5 69.9 47.5 99.5 61.8 107.9 161.7 151.0 Total Income 7,262.2 6,915.2
Slide 17: Profit & Loss Statement - Annually
Profit & Loss Statement - Annually Consolidated Profit & Loss (INR mn) FY14 FY15 FY16 FY17 FY18 Income from Operations 11,316.1 17,806.6 20,182.9 26,157.4 33,929.0 Other Income 36.8 79.8 165.5 235.4 482.5 Total Income 11,352.9 17,886.3 20,348.4 26,392.8 34,411.5 Operating Expenses 10,210.8 15,996.7
Slide 18: Balance Sheet & Key Ratios
Balance Sheet & Key Ratios Consolidated Balance Sheet (INR mn) FY14 FY15 FY16 FY17 FY18 Share capital 90.8 90.8 90.8 90.8 90.8 Reserves and Surplus 1,704.3 2,562.1 4,137.1 7,247.4 11,407.7 Non-current liabilities 587.4 590.4 126.6 421.6 326.4 Current liabilities 1,600.3 1,532.4 1,871.4 2,926.1 3,437
Slide 19: Annexure
ANNEXURE
Slide 20: Stock information
Stock information • Market cap (INR) – 74 bn (As on 31th May18) • BSE code: 512573 • Shares outstanding – 45.4mn (As on 31st March 2018) • NSE code: AVANTIFEED Shareholding Pattern as on 31st March 2018 Relative stock price vs BSE Sensex 7.9% Avanti SENSEX As on 31st May 2018 350.0 18.8% 300.0 43.8%
Slide 21: Contacts
Contacts Investor Relations contact Corporate Office Name: Mr. M. Venkateswara Rao (GM- Corporate Affairs) G-2, Concorde Apartments, 6-3-658, Email id: investors@avantifeeds.com Somajiguda, Hyderabad-500082 Telangana, Phone number: +91-40-23310260 India. 20