Prataap Snacks Ltd. · NSE:DIAMONDYD
Prataap Snacks — 9M FY18 Earnings Presentation
22 slides from Prataap Snacks's earnings presentation, January 2018
Slide 1: 9M FY18 - Results Presentation
PRATAAP SNACKS LIMITED 9M FY18 - Results Presentation January-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 9M 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 & PUFF* NAMKEEN* PELLET SNACKS YUM-PIE Potato based Rice grit & Corn grit Gram based# Wheat based Cake with snack Corn grit based snack Jam & based snack SKUs: 23 SKUs: 2 chocolate SKUs: 9 flavors Market leader varieties flav
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 Masala • Tasty Punch Potato
Slide 8: Pan India Distribution Network
Pan India Distribution Network 1 States* 11 4 6 11 1 Super Stockist 13 26 9 4 3 5 3 7 2 2 1 1 Distributors 83 1 1 7 Region No. of States / UT No. of Super Stockists 1 North 6 49 3 7 East 12 43 South 5 16 4 1 West 4 110 *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 Indore Guwahati (I&II) Kolkata (I&II) Bangalore (I&II) Distribution benefits • Caters to the Eastern Contract Manufacturing Zone • Caters to the Northern and Western Zones • 7%-8% business com
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: 9M FY18 Results Performance
9M FY18 Results Performance 16
Slide 17: CEO's Message
CEO’s Message Commenting on 9M FY18 performance, Amit Kumat - Managing Director and Chief Executive Officer, Prataap Snacks Limited said: “As we had mentioned in the last quarter, there has been potato supply issues in Q3 resulting in muted growth for the quarter. However, we have improved profitabi
Slide 18: Abridged P&L Statement
Abridged P&L Statement Y-o-Y Particulars 9M FY18 9M FY17 Change (%) Income from Operations 7,601.5 6,818.1 11% Raw Material and Packing 5,040.6 4,834.9 4% Material Cost Gross Profit 2,560.9 1,983.2 29% Gross Margins 34% 29% 500 bps EBITDA 663.6 301.6 120% EBITDA Margins 9% 4% 500 bps Depreciation 22
Slide 19: Financials – 9M FY18 Performance
Financials –9M FY18 Performance Sales / Income from Gross Margin (%) Operations 6,818.1 7,601.5 29% 34% 9M FY17 9M FY18 9M FY17 9M FY18 ▪ Income from operations grew by 11% yoy to Rs. 7,601.5 mn ▪ Gross margins expanded by 500 bps to 34% in 9MFY18 due to - ▪ Favourable input cost due to long term bu
Slide 20: Financials – 9M FY18 Performance
Financials –9M FY18 Performance EBITDA Margin (%) PAT Margin (%) 9.0% 4.0% 4.0% 1.0% 301.6 663.6 90.6 340.9 9M FY17 9M FY18 9M FY17 9M FY18 ▪ EBITDA for 9M FY18 was higher by 120% yoy at Rs. 663.6 mn ▪ PAT grew by 276% yoy to Rs. 340.9 mn on account of growth in EBITDA and lower interest cost CONSLI
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 Sumit Sharma snacks) under the popular and vibrant Yellow Diamond brand. It has recentl
Slide 22: Thank You
Thank You 22