Madhusudan Masala Limited · NSE:MADHUSUDAN
Madhusudan Masala — FY2024 Earnings Presentation
24 slides from Madhusudan Masala's earnings presentation, May 20, 2024
Slide 1: Growing Exponentially: FY-24 Business Performance
Madhusudan Masala Limited FY-24 Business Performance Growing Exponentially
Slide 2: Disclaimer
DISCLAIMER The information in this presentation has been prepared for use in presentations by Madhusudan Masala Limited for information purposes only and does not constitute, o r s h o u l d b e r e g a r d e d a s , o r f o r m p a r t o f a n y o e r, i n v i t a t i o n , i n d u c e m e n t o r
Slide 3: Message from Chairman
MESSAGE FROM CHAIRMAN Expanding product Dear Shareholders, I am delighted to address you through financial 28% presentation for FY24, a newly listed Company Topline growth in Fy24 portfolio as well as following a successful IPO in September 2023. I extend my heartfelt gratitude to all our shareholder
Slide 4: About Madhusudan Masala
ABOUT MADHUSUDAN MASALA Growing Faster We are engaged in the business of manufacturing and processing of more than 32 types of ground spices, blended spices, whole spices and other grocery products like - Tea, rajgira together, with flour, Papad, soya Products, asafoetida (Hing), achar masala (ready-
Slide 5: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS Operational Performance Across Parameters REVENUE EBITDA PAT 1,777 919.73 1,168 16,222 575.89 12,722 6,540 214 81.29 FY-22 FY-23 FY-24 FY-22 FY-23 FY-24 FY-22 FY-23 FY-24 (Amount in Lacs) (Amount in Lacs) (Amount in Lacs) EBITDA MARGIN PAT MARGIN 10.95% 5.65% 8.66% 4.53% 3.2
Slide 6: Result of teamwork & hardwork to achieve tremendous growth in FY-24
Accelerated marketing activities to drive exponential growth Result of teamwork & Marketing in News Media & FM channel through out the hardwork to achieve spices season, participating in various food exhibitions, shop facia activity at 5500+ retail stores, free sampling, new distributors and super s
Slide 7: Deep geographical presence with focus on highly populated new geographies
Deep geographical presence with focus on highly populated new geographies Jammu& Kashmir Gujarat : Saurashtra, South Gujarat, Central Gujarat Punjab North Gujarat Chandigarh Maharashtra : Mumbai, Pune, Aurangabad, Sangli UttarPradesh Bihar hand Jhark Goa : North goa, South goa Gujarat Telangana : Ka
Slide 8: Leveraging acquisition to drive in-organic growth
Leveraging acquisition to drive in-organic growth Signed a term sheet Madhusudan Masala is constantly working to expand their reach by adding new products to their portfolio and aiming to achieve greater geographical presence through strategic acquisitions. with “Vitagreen As to cater both we recent
Slide 9: About Vitagreen Products
ABOUT VITAGREEN PRODUCTS Unleashing potential by capability of Vitagreen Products is engaged in manufacturing and exporting of spices in-house R&D team Instant mix and other grocery products. With 40+ operation and manufacturing staff and 80+ sales team vitagreen achived sales of 20 of blended spices
Slide 10: Diversified Across Products
DIVERSIFIED ACCROSS PRODUCTS Vitagreen porducts has wide range of producst across the segments. Vitagreen Products are best seller in small consumer packs of Rs. 5 and Rs.10. Currently these small skus are sold 19 Million packs annually. It’s a remarkable sales in FMCG, for selling millions of retai
Slide 11: Business Verticals - Madhusudan Masala
Business Verticals - Madhusudan masala Diversified accros products and segments Overview Madhusudan Masala has wide range of products across the ground spices, blended spices, tea, soya chunks, whole spices, flours, hing, papad, kasuri methi, which are made available to consumers across 4 states throu
Slide 12: Achievements & Milestones
ACHIEVEMENTS & MILESTONES 1977 1980 START Birth of Legendary brand Started Own Shop Double Hathi 1st Manufacturing Plant 1981 1982 1982 Registration of brand Double Hathi Established Partnership firm in with trademark department & the name of M/s. Madhusudan also got AGMARK Certification and Co. form
Slide 13: Manufacturing Plant
MANUFACTURING PLANT 4800 MT 50.22% Established Capabilites Manufacturing Capacity utilisation (FY-24) & E cient Process To capacity Manufacture Equipped with plant & machinery to facilitate e cinet production Quality Products process of cleaning, drying, grading, grinding & packaging Most operations
Slide 14: Manufacturing Process
MANUFACTURING PROCESS Manufactured Major stage of spices manufacturing is following below process like Cleaning, grinding, blending, by Natural process sieving, material handling, and bulk storage, batch manufacturing, and packing are all automated procedures in spice processing, resulting in high i
Slide 15: Capacity Utilisation
CAPACITY UTILISATION (Figurs in Metric Ton) FY-22 FY-23 FY-24 Installed SR. Product Category Capacity NO. Actual Capacity Actual Capacity Actual Capacity (MT) Production Utilization Production Utilization Production Utilization 1 Chilli Powder 2400 802 33.42% 708 29.50% 1495 62.29% 2 Turmeric Powder
Slide 16: Product Revenue Mix
PRODUCT REVENUE MIX Revenue from branded sales was increased by -12.42%, 42.20% and 52.44% in FY-22, FY-23 & FY-24 respectively (Amount in Lacs) FY 2021-22 FY 2022-23 FY 2023-24 Sales Product Category Amt. In lacs Amt. In lacs Amt. In lacs Blended Spices 160.18 94.69 163.27 Ground Spices 2170.48 314
Slide 17: Industry Overview
INDUSTRY OVERVIEW The India spices market size reached INR 87,000 Crores in 2022. Looking forward, the market to reach at CAGR 10% to INR 2,00,00 Crores by 2030. The growing product demand in the food and beverage (F&B) sector, widespread adoption of spices for medicinal purposes, government support
Slide 18: Revenue and Profitability
Proven record of consistent financial performance Revenue and Profitability (Amount in Lacs) Half Yr Ended on Half Yr Ended on Half Yr Ended on F.Y.24 F.Y.23 31-03-24 30-09-2023 31-03-23 Revenue from 10,793.69 5,428.29 8,624.75 16,221.98 12,721.60 Operations Other Income 33.70 11.61 18.17 45.32 28.97
Slide 19: Assets and Liabilities
Proven record of consistent financial performance Assets and Liabilities (Amount in Lacs)
Slide 20: Key Financial Ratios
KEY FINANCIAL RATIOS RETURN ON CAPITAL EMPLOYED RETURN ON EQUITY 53.58 64.05 32.65 19.97 FY23 FY24 FY23 FY24 DEBT EQUITY RATIO CURRENT RATIO 3.98 1.78 1.21 1.13 FY23 FY24 FY23 FY24
Slide 21: Leadership Continues: Man Behind The Team
LEADERSHIP CONTINUES Man Behind Mr. Hiren Vijaybhai Kotecha holds a Bachelor’s degree in commerce from saurashtra university and over 2 decades of extensive work The Team experience in the spices industries. A devoted and vigilant individual capable of teamwork Management, and high-quality daily tas
Slide 22: Stock Information
STOCK INFORMATION Particulars As on 10th May,2024 Shareholding Pattern - March, 2024 ISIN INE0P6701019 Face Value 10.00 24.4 0.9 Promoter Current Share Price 166.00 1.01 FII 52 Week High 178.90 73.69 DII Public 52 Week Low 10.00 Market Capitalization 214 Crores Stock Performance Since Listing to 10t
Slide 23: Awards and Certificates
AWARDS AND CERTIFICATES Appreciation & Motivation fuels to achieve success Appreciation by recognized associations fuels in team. Madhusudan Masala team able to secure best 500SME awards, Star participant award in Khadhya Khurak exhibition 2023, Certificate of appreciation from GPBS 2024 Expo held at
Slide 24: Registered Office
R Registered Office : Survey No. 1509/2, F.P. No. 19 Email : Marketing Yard Road, Hapa, contact@madhusudanmasala.com Jamnagar, Gujarat - 361120