Coastal Corporation Limited · NSE:COASTCORP
Coastal — Investor Presentation (April 2022)
39 slides from Coastal's investor presentation, Apr 12, 2022
Slide 1: Cover letter to stock exchanges
Coastal GOW. OF INDIA RECOGNISED THREE STAR EXPORT HOUSE ^n Regd. Off. : '15-1-3713, Nowroji Road, Maharanipeta, Visakhapatnam - 530 002, INDIA Corp orati (fff enone : 0891 -2567118, Fax: 0891 -25671 32 www.coastalcorp.co.in, Email : cclinvestors@gmail.com, info@coastalcorp.co.in Ltd. {Þ Plant Unit
Slide 2: Coastal Corporation Limited Investor Presentation April 2022
Coastal Corporation Limited Investor Presentation April - 2022
Slide 3: Safe Harbour
Safe Harbour This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of t
Slide 4: Table of Contents
Table of Contents 01 Q3 FY22 Highlights 02 Company Overview 03 Business Overview 04 Industry Overview 05 Financial Highlights 06 Way Forward 3
Slide 5: Recent Expansions
Recent Expansions Kakinada Processing Unit: • Integrated Cold Chain project at KSEZ, Kakinada, A.P. is spread across 10 acres •Total capex of around Rs 70 crore has already been incurred and it is funded by approx Rs 40 crore of promoters contribution, Rs 20 crore of term loans and capital subsidy o
Slide 6: Q3 FY22 Highlights
COASTAL CORPORATION LIMITED 4y _ } ye QB FY22 Highlights FY22 Highlights [
Slide 7: Q3 FY22 Operational Highlights
Q3 FY22 Operational Highlights New Chief Operating Officer (COO) of Coastal Biotech Pvt Ltd During the quarter Mr. T V V Prasad has been appointed as COO of Coastal Biotech Pvt. Ltd. ▪He holds Bachelors Degree of Technology (in Chemical Engineering) and Masters Degree in Science ( Mineral Process )
Slide 8: Q3 FY22 Operational Highlights
Q3 FY22 Operational Highlights Revenue EBIDTA PAT Rs 146.1 Cr Rs 6.2 Cr Rs 4.7 Cr Demand for product stayed strong and consistent which leads to revenue growth back to normal. The Company has achieved quarterly revenue of Rs 146.1 crores, 16.1% growth on YoY basis The Company has achieved quarterly
Slide 9: Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights Revenue (Rs. Cr.) EBITDA (Rs. Cr.) / Margin (%) PAT (Rs. Cr.) / Margin (%) 8
Slide 10: Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights Rs. Cr. Q3 FY22 Q3 FY21 Q2 FY22 Total Income from Operations 146.13 125.86 128.10 Raw Material Expenses 98.93 94.17 84.88 Employee Cost 4.61 3.59 3.89 Other Expenses 36.42 23.89 29.72 Total Expenditure 139.95 121.66 118.49 EBITDA 6.17 4.20 9.61 EBITDA Marg
Slide 11: Company Overview
COASTAL CORPORATION LIMITED
Slide 12: About Us
About Us Our Vision Among top ten player in Shrimp processing and distribution industry worldwide We have a mission to deliver superior quality, highly nutritional seafood at the most competitive prices to global consumers. We are a customer driven, Engaged in processing and exporting of extensive r
Slide 13: Milestones
Milestones ▪ Incorporated Continental ▪ Export Excellence Fisheries India Pvt Ltd. as Award in Top Multi wholly owned subsidiary Product Exporter ▪ Established Ultra of Costal Corporation Ltd. in Andhra Pradesh ▪ Started establishing Modern Shrimp ▪ National Award for from Federation of another ultr
Slide 14: Management
Management ▪ Holds a Bachelors Degree of Technology (in Chemical Engineering) with an experience of four decades Mr. Valsaraj Thottoli ▪ Presently, Vice Chairman and Managing Director of the Company Vice Chairman & ▪ Devoting his entire time, efforts and energy to develop this Company in all aspects
Slide 15: Board of Directors
Board of Directors ▪ He is an alumni of IIT Bombay (PhD), IIT Kharagpur (M. Tech), Pondicherry Central University (PGDBA) and Andhra University (B.E. ElectricalEngineering) ▪ Three decades of experience and core experience in the areas of banking & infrastructure Mr. E. Sankar Rao finance Chairman &
Slide 16: Board of Directors
Board of Directors ▪ Distinguished career spanning 40 years in Life Insurance Corporation of India in accounts, Mr. M.V. marketing, administration, banking and finance Suryanarayana ▪ Fellow member of the Institute of Chartered Accountants of India Independent ▪ Served as CEO of LIC Mutual Fund and
Slide 17: Business Overview
COASTAL CORPORATION LIMITED Business Overview
Slide 18: Product Portfolio
Product Portfolio Headless Shell On (HL) Peeled Deveined Tail On (PDTO) Peeled Deveined Tail Off (PD) Pulled Vein Tail On (PVTO) Peeled Un-Deveined (PUD) Butterfly Shrimp Skewers Cooked Head On Cooked HL Shrimp Cooked HL Easy-Peel Shrimp Cooked PDTO Shrimp Cooked PD Shrimp 17
Slide 19: Process Flow
Process Flow ▪ Initial quality check by ▪ De-heading / de-shelling / technologist de-skinning / de-veining & ▪ Microbial & Chemical testing Pre-Processing Gut cleaning ▪ Washed with disinfectants, ▪ Graded & Chilled Raw Material weighed and iced ▪ Thoroughly checked piece by piece ▪ Graded, washed &
Slide 20: Manufacturing Facilities
Manufacturing Facilities Unit I: ▪ Plate Freezer – 17.5 MTPD ▪ Individually Quick Frozen – 10 MTPD Unit II: ▪ Blast Frozen – 10 MTPD ▪ Plate Freezer – 14 MTPD ▪ Cooker – 10 MTPD ▪ Individually Quick Frozen – 25 MTPD ▪ Processing units are located in the prime aquaculture zone near coastal area of An
Slide 21: Manufacturing Facilities
Manufacturing Facilities Unit III: ▪ Plate Freezer – 14 MTPD ▪ Individually Quick Frozen – 21 MTPD ▪ Cooker – 10.5 MTPD New plant will augment Company’s value-added supply to various parts of the Globe 20
Slide 22: Global Reach
Global Reach Russia Europe U.S.A. UAE Korea Japan Saudi Arabia Hongkong Australia WE SHIP WORLDWIDE 21
Slide 23: Clientele
Clientele COASTAL CORPORATION LIMITED joins a, r eS GREAT AMERICAN SEAFOOD IMPORTS Co. ‘ic \Coral a SE SEAFOOD Direct Source Seafood 22
Slide 24: Certificates & Achievements
Certificates & Achievements 23
Slide 25: Industry Overview
COASTAL CORPORATION LIMITED Industry Overview
Slide 26: Global Sea Food Industry
Global Sea Food Industry Surging consumption of Sea Food in Developed and Developing Economies: ▪ Economic prosperity driving consumption pattern across geographies ▪ Consumer shift towards sea food as source of protein and increased demand for exotic varieties ▪ Expanding population, rising health
Slide 27: World Outlook Aquaculture Production
World Outlook Aquaculture Production Aquaculture Production Increased contribution of Aquaculture India - Share in global sea food to Increase Global capture and AquacultureProduction In Million Tonnes 7.5% 7.1% 2016 2030 Source: FAO 26
Slide 28: India – Conducive Aquaculture Policy
India – Conducive Aquaculture Policy Policy Initiative by Government to fillip Aquaculture: ▪ Ministry of Food Processing, Govt. Of India, is encouraging the entrepreneurs for establishing processing factories under “Scheme for Integrated Cold Chain and Value Addition Infrastructure by extending Rs.
Slide 29: Financial Highlights
Financial Highlights
Slide 30: Consolidated Annual Financial Highlights
Consolidated Annual Financial Highlights Revenue (Rs. Cr.) EBITDA (Rs. Cr.) / Margin (%) PAT (Rs. Cr.) / Margin (%) 29
Slide 31: Consolidated Annual Financial Highlights – FY21
Consolidated Annual Financial Highlights – FY21 Rs. Cr. FY18 FY19 FY20 FY21 Revenue from Operation 613.65 600.75 604.28 473.48 Cost of Material Consumed 576.21 455.57 437.92 351.04 Changes in Inventory -28.99 -36.04 9.96 -8.06 Employee Expenses 12.97 16.28 14.67 14.16 Other Expenses 6.06 105.98 101.
Slide 32: Consolidated Balance Sheet Highlights – FY21
Consolidated Balance Sheet Highlights – FY21 Rs. Cr. FY18 FY19 FY20 FY21 Shareholders Funds 76.39 113.49 143.19 175.77 Share Capital 2.54 10.17 10.17 10.68 R&S 73.85 103.32 133.02 165.09 Non Current Liabilities 7.08 4.84 3.01 19.72 Long Term Borrowing 1.91 0.37 0.21 15.44 Trade Payables 2.87 1.86 0.
Slide 33: Consolidated Balance Sheet Highlights – FY21 (Continued)
Consolidated Balance Sheet Highlights – FY21 ...Continued Rs. Cr. FY18 FY19 FY20 FY21 Non Current Assets 57.07 61.08 73.29 117.00 Plant, Property & Equipment 41.05 33.20 35.45 44.18 Capital Work In Progress 0.00 2.37 2.30 32.32 right of use asset 0.00 0.00 3.13 6.28 Investment property 3.91 11.04 10
Slide 34: Way Ahead
COASTAL CORPORATION LIMITED A) i
Slide 35: Ongoing Expansions
Ongoing Expansions Odisha Processing Unit: • New Shrimp processing facility at Haridamada, Khurdha Odisha is spread across 4.28 acres • Estimated capex of around Rs 42 crore, out of which Rs 3.97 crore has already been incurred • Civil work of the project is expected to start in Q1 FY23 and project
Slide 36: Ethanol Sectoral Environment
Ethanol Sectoral Environment India’s ethanol blending target of 20% is likely to create opportunity of Rs 840 bn bio-ethanol market annually by 2025 Structural changes post 2018 Rollout plan over 2026 ▪The National Policy on Bio-fuels - 2018 (NPB -2018) released in ▪The Indian government has created
Slide 37: Current & Future Capacities
Current & Future Capacities Plate Freezer IQF Cooker MTPD MTPD MTPD Existing Capacities Unit 1 17.5 10 10 Unit 2 14 25 10 Unit 3 14 21 10.5 Upcoming Capacity Odisha 14 10.5 10.5 Total 59.5 66.5 41 36
Slide 38: Growth Drivers
Growth Drivers Debottleneck of existing Pre - processing Unit New Capacities in Value added segment Biofuel - Ethanol Project 37
Slide 39: Thank You
Thank You For more information, Please contact Coastal CorporationLimited 15-1-37/3, Jayaprada Apartments, Nowroji Road, Maharanipeta, Vishakhapatnam – 530002. Girish G Gangawat Andhra Pradesh, India. Mobile: +91-98920-16641 Ph: +91 - 891 - 2567118 Email: investors@cleaonir.com Email: info@coastalco