Slide 1: Prataap Snacks Limited FY18 Results Presentation
PRATAAP SNACKS LIMITED FY18 - Results Presentation May-2018
Slide 2: Disclaimer
Disclaimer Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ ma
Slide 3: Contents
Contents Company Overview 4 Industry Overview 13 FY18 Results Performance 16 3
Slide 4: Company Overview
Company Overview 4
Slide 5: Company Snapshot
Company Snapshot 5 year revenue SKU’s Manufacturing Market Leader in CAGR facilities Rings States Super Stockists Distributors Packets sold per day Diverse Product Portfolio Focus On Product Innovation Pan India Distribution Network Core Management With Deep Domain Expertise Strategically Located Ma
Slide 6: Diverse Product Portfolio
Diverse Product Portfolio POTATO CHIPS CHULBULE* RINGS, KURVES NAMKEEN* PELLET SNACKS NACHOS YUM-PIE & PUFF* Potato based Rice grit & Corn grit Gram based# Wheat based Made from Cake with snack Corn grit based snack corn tortillas Jam & based snack SKUs: 23 SKUs: 2 chocolate SKUs
Slide 7: Focus On Product Innovation
Focus On Product Innovation Namkeen • Banana Wafer Black Pepper • Banana Wafer Namkeen • Garlic Sev Salted Mamra • Cornflake Mixture Potato Chips • Masala • Cream & • Mitha Falahar Matar • Bhel Ring Onion • Gatiya • Mango • Nimbu Potato Chips • Sev Murmura Masala Chutney Kurves Masala • Tasty Punch
Slide 8: Pan India Distribution Network
Pan India Distribution Network 1 States* 10 1 5 6 8 1 Super Stockist 19 29 7 4 3 6 2 11 1 4 1 1 Distributors 87 1 1 7 Region No. of States / UT No. of Super Stockists 2 1 North 7 53 2 6 East 12 39 South 5 18 7 1 West 5 125 *Includes one Union Territory, Map not to scale 8
Slide 9: Strategically Located Manufacturing Facilities
Strategically Located Manufacturing Facilities Madhya Pradesh Assam West Bengal Karnataka Gujarat Ahmedabad (I&II) Indore Guwahati (I&II) Kolkata (I&II) Bangalore (I&II) Contract Manufacturing Distribution benefits • Caters to the Eastern Zone • 7%-8% business comes from contract • Caters to the Nor
Slide 10: Core Management With Deep Domain Expertise
Core Management With Deep Domain Expertise Corporate functions Arvind Mehta Amit Kumat Apoorva Kumat Subhashis Basu Sumit Sharma Chairman & Executive Director Managing Director & CEO President - Operations COO CFO Over 29 years of experience in Over 21 years in Snack Several years in Snack Around 26
Slide 11: Guided By An Accomplished Board Of Directors
Guided By An Accomplished Board Of Directors Arvind Mehta Amit Kumat Chairman & Executive Director Managing Director & CEO Over 29 years of experience in real Over 21 years in the snacks foods estate business along with over 13 industry years in the snack foods industry and in the financing business
Slide 12: Prataap Snacks' Evolution
Prataap Snacks’ Evolution Successful IPO – Sequoia’s initial oversubscribed 47x; investment of Rs. Doubled the listed on NSE & BSE on 620 mn capacity of Potato Oct 5, 2017 Prataap Snacks Chips plant at Prakash Snacks Indore from Launched Yum-Pie, a incorporated. Prataap Snacks 6,000MT per variety of
Slide 13: Industry Overview
Industry Overview 13
Slide 14: Trends In The Indian Organised Snacks Market
Trends In The Indian Organised Snacks Market Rs.220 Bn organized snack market, contributes to only ~40% of the Rs.550 Bn total snack market Category/ product* Region* Sales channels* 2% 3% Chips Independent 5% small grocers 7% Supermarkets 30% Extruded snacks 36% 10% Hypermarkets Namkeen & tradition
Slide 15: Backed By Strong Demographic Tailwinds in India
Backed By Strong Demographic Tailwinds in India Rising Population of Youth and Large and Growing Population Children¹ 1,289 1,274 1,256 Total Population 1,238 583 584 580 Population 1,220 577 (million) (million) 574 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 2013-2018 CAGR: 1.4% 2013-2018 CAG
Slide 16: FY18 Results Performance
FY18 Results Performance 16
Slide 17: CEO's Message
CEO’s Message Commenting on FY18 performance, Amit Kumat - Managing Director and Chief Executive Officer, Prataap Snacks Limited said: “FY18 has been an exciting year for Prataap Snacks Ltd. We surpassed the milestone of 1,000 crore in revenues this year, an important step in our growth journey. We
Slide 18: Abridged P&L Statement
Abridged P&L Statement Y-o-Y Particulars FY18 FY17 Change (%) Income from Operations 10,377.3 8,981.1 15.5% Raw Material and Packing Material Cost 6,862.1 6,260.5 9.6% Gross Profit 3,515.2 2,720.6 29.2% Gross Margins 33.9% 30.3% 360 bps Operating EBITDA 869.3 421.6 106.2% EBITDA Margins 8.4% 4.7% 37
Slide 19: Financials – FY18 Performance
Financials – FY18 Performance Sales / Income from Gross Margin (%) Operations 8,981.1 10,377.3 30.3% 33.9% FY17 FY18 FY17 FY18 ▪ Income from operations grew by 15.5% yoy to Rs. 10,377.3 mn ▪ Gross margins expanded by 360 bps to 33.9% in FY18 due to - – Improving product mix and rationalisation of gr
Slide 20: Financials – FY18 Performance
Financials – FY18 Performance EBITDA Margin (%) PAT Margin (%) 8.4% 4.3% 4.7% 2.3% 421.6 869.3 205.8 441.8 FY17 FY18 FY17 FY18 ▪ EBITDA for FY18 was higher by 106.2% yoy at Rs. 869.3 mn ▪ PAT grew by 114.7% yoy to Rs. 441.8 mn on account of growth in EBITDA and lower interest cost CONSLIDATED FINANC
Slide 21: About Prataap Snacks Ltd.
About Prataap Snacks Ltd. Prataap Snacks Ltd. (PSL) is a leading Indian Snack Foods Company. It offers multiple variants of products across categories of Potato Chips, Extruded Snacks, Namkeen (traditional Indian snacks) under the popular and vibrant Yellow Diamond Sumit Sharma brand. It has recentl
Slide 22: Thank You
Thank You 22