Godrej Agrovet Limited · NSE:GODREJAGRO
Godrej Agrovet — Q2 FY2020 Earnings Presentation
17 slides from Godrej Agrovet's earnings presentation, Nov 4, 2019
Slide 1: Exchange filing cover letter: Presentation to Investors & Analysts
Date: November 04, 2019 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Fort Exchange Plaza, Bandra - Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai-400 051 Ref.: BSE Scrip Code No. “540743” Ref.: “GODREJAGRO” Sub: Presentation to Investors & Analysts
Slide 2: 2Q & 1HFY20 Performance Update
2Q &1HFY20 PERFORMANCE UPDATE November 4, 2019
Slide 3: GAVL Performance Highlights
GAVL PERFORMANCE HIGHLIGHTS 2 I Godrej Agrovet
Slide 4: 2QFY20 Financials – Key Highlights
2QFY20 FINANCIALS – Key Highlights Particulars Standalone Consolidated (Rs crore, unless stated) 2QFY20 2QFY19 % Growth 2QFY20 2QFY19 % Growth Total Income 1391.9 1,217.8 14.3% 1,862.4 1,622.1 14.8% Earnings before interest, tax and 120.1 147.0 (18.3%) 131.0 174.5 (24.9%) Depreciation (EBITDA) EBITD
Slide 5: 1HFY20 Financials – Key Highlights
1HFY20 FINANCIALS – Key Highlights Particulars Standalone Consolidated (Rs crore, unless stated) 1HFY20 1HFY19 % Growth 1HFY20 1HFY19 % Growth Total Income 2,653.5 2,331.7 13.8% 3,575.2 3,110.3 14.9% Earnings before interest, tax and 246.0 275.1 (10.6%) 283.1 317.6 (10.9%) Depreciation (EBITDA) EBIT
Slide 6: 1HFY20 Segment-wise Revenue and PBIT
1HFY20 SEGMENT-WISE REVENUE AND PBIT Segment Revenue Mix (1) Profit before interest and taxes (2) Others Dairy 7.1% 2.3% Dairy 16.8% Animal Feed 30.7% Animal Feed 49.0% Crop Protection Crop 16.9% Protection 52.0% Oil Palm Oil Palm Plantation Plantation 14.9% 10.3% Note: (1) As % of total consolidate
Slide 7: Segment-wise Performance Update
SEGMENT-WISE PERFORMANCE UPDATE 6 I Godrej Agrovet
Slide 8: Animal Feed
ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars 2Q FY20 2Q FY19 Growth 1HFY20 1HFY19 Growth Sales Volume (tons) 3,32,301 3,04,223 9.2% 6,56,336 6,08,443 7.9% Segment Revenue (Cr) 938.7 711.5 31.9% 1,823.7 1,448.7 25.9% Segment Re
Slide 9: Oil Palm Business
OIL PALM BUSINESS Largest domestic producer of Crude Palm oil and Palm Kernel Oil Particulars 2Q FY20 2Q FY19 Growth 1HFY20 1HFY19 Growth Segment Revenue (Cr) 236.6 266.5 (11.2%) 382.0 434.8 (12.1%) Segment Result (Cr) 28.8 45.8 (37.2%) 41.4 81.6 (49.2%) Segment Margin (%) 12.2% 17.2% 10.8% 18.8% •
Slide 10: Crop Protection Business
CROP PROTECTION BUSINESS Agrochemical products produced cater to the entire crop lifecycles Particulars 2Q FY20 2Q FY19 Growth 1HFY20 1HFY19 Growth Segment Revenue (Cr) 200.2 204.8 (2.2%) 409.5 396.0 3.4% Segment Result (Cr) 55.0 59.2 (7.0%) 129.5 129.4 0.1% Segment Margin (%) 27.5% 28.9% 31.6% 32.7
Slide 11: Astec Lifesciences
ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients and pharmaceutical intermediates Particulars 2Q FY20 2Q FY19 Growth 1HFY20 1HFY19 Growth Revenue (Cr.) 142.0 114.6 24.0% 220.0 180.0 22.2% EBITDA (Cr.) 17.1 25.3 (32.4%) 24.4 34.5 (29.1%) EBITDA Margin (%) 12.0% 22.1% 11
Slide 12: Creamline Dairy
CREAMLINE DAIRY Particulars 2Q FY20 2Q FY19 Growth 1HFY20 1HFY19 Growth Revenue (Cr.) 306.3 299.6 2.2% 626.7 612.5 2.3% EBITDA (Cr.) 9.1 5.9 53.4% 22.9 12.1 89.5% EBITDA Margin (%) 3.0% 2.0% 3.7% 2.0% • 2QFY20 and 1HFY20 results are not impacted by butter provision/losses; however provisioning loss
Slide 13: Godrej Tyson Foods Limited
GODREJ TYSON FOODS LIMITED Particulars 2Q FY20 2Q FY19 Growth 1HFY20 1HFY19 Growth Revenue (Cr) 107.6 115.3 (6.6%) 243.6 239.2 1.9% EBITDA (Cr) (11.1) (0.4) - (4.7) 9.4 - 1HFY20 revenue has remained flat year-on-year mainly on account of lower volumes in live bird segment; Real Good and Yummiez se
Slide 14: GAVL Shareholding Pattern
GAVL SHAREHOLDING PATTERN Major Investors Shareholding pattern as on September 30, 2019 Others , • Temasek 11.67% • Aberdeen DII, 5.19% • Kotak MF • DSP FII, • Motilal Oswal 16.30% • ICICI MF Promoters • Vanguard , 66.84% • J P Morgan • Tata AIG • Tata Offshore 13 I Godrej Agrovet
Slide 15: Contact Us
CONTACT US To know more, visit us at: www.godrejagrovet.com S Varadaraj Chhavi Agarwal Email: s.varadaraj@godrejagrovet.com Email: chhavi.agarwal@godrejagrovet.com gavlinvestors@godrejagrovet.com gavlinvestors@godrejagrovet.com 14 I Godrej Agrovet
Slide 16: Disclaimer
DISCLAIMER Some of the statements in this communication may be forward looking statements within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Company’s operations include change
Slide 17: Thank You for Your Time and Consideration
THANK YOU FOR YOUR TIME AND CONSIDERATION 16 I Godrej Agrovet