Heritage Foods Limited · NSE:HERITGFOOD
Heritage Foods — Q1 FY2020 Earnings Presentation
21 slides from Heritage Foods's earnings presentation, Aug 1, 2019
Slide 1: Cover letter to stock exchanges on quarterly updates
Ref: SECT: STOC: 47-19 1st August, 2019 To To The Secretary, The Manager, The Stock Exchange, Mumbai Listing Department, Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Dalal Street, Exchange Plaza, C-1, Mumbai - 400 001 G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400
Slide 2: Corporate Presentation July 2019 (Q1FY20)
Corporate Presentation July – 2019 (Q1FY20)
Slide 3: Disclaimer Clause
Disclaimer Clause The Release contains forward looking statements identified by words like "plans", "expects", "will", "anticipates", "believes", "intends", "projects", "estimates", and so on. All statements that address expectations or projections about future, but not limited to Company's strategy
Slide 4: Index
Index Vision & Mission 1 Company Overview 2 Financial Highlights – Q1FY20 3 Financials – Q1FY20, Q1FY19 4 Growth in VAP 5 Procurement & Sales Volumes 6 Heritage Nutrivet Limited 7 Financials – Yearly 8 Balance Sheet 9 Winning Farmers’ Trust 10 Achieving Operational Excellence 11 Innovations 12 UHT P
Slide 5: Vision & Mission
1. Vision & Mission Vision Delighting every home with fresh and healthy products and empowering the farmer Mission To be a nationally recognized brand for healthy and fresh products with a revenue of INR 6000 Crore by 2024 We anticipate, understand and respond to our customer’s needs by creating hig
Slide 6: Company Overview
2. Company Overview Core Business Key Strengths Financial Strength 27 Years rich experience in dairy Strong relationships with High Return on Capital business that includes, over 3 lakh dairy farmers. Employed (ROCE) procurement of milk from dairy farmers at village level, and Supplying dairy produc
Slide 7: Financial Highlights – Q1FY20
3. Financial Highlights – Q1FY20 (Consolidated) (Growth %) Revenue 721.24 Cr +12.41 % EBITDA 48.66 Cr +1.71 % PBT 30.56 Cr - 3.11 % PAT 18.85 Cr - 12.00 %
Slide 8: Financials – Q1FY20, Q1FY19
4. Financials – Q1FY20, Q1FY19 (Standalone) Financial Highlights Q1FY20 Q1FY19 (Rs in crores) Net Turnover Dairy 710.49 633.66 RE 2.59 3.31 EBITDA Dairy 48.23 43.13 RE 2.25 3.14 PBT Dairy 32.47 28.79 RE 0.8o 1.55 Dairy Margins EBITDA 6.79% 6.81% PBT 4.57% 4.54%
Slide 9: Growth in VAP
5. Growth in VAP 237.82 163.50 186.09 133.50 111.94 Q1FY16 Q1FY17 Q1FY18 Q1FY19 Q1FY20
Slide 10: Procurement & Sales
6. Procurement & Sales Milk Procurement (LLPD)* Milk Sales (LLPD) Curd Sales (MTPD)* 461.91 15 14.99 15 300 13.46 11.60 353.39 10 10 10.75 200 5 5 100 0 0 0 Q1FY20 Q1FY19 Q1FY20 Q1FY19 Q1FY20 Q1FY19 Cost per Milk Selling Curd Selling Liter Rs. 33.40 Rs. 32.42 Price Rs. 39.75 Rs. 38.93 Price Rs. 44.3
Slide 11: Heritage Nutrivet Limited
7. Heritage Nutrivet Limited (A Wholly Owned Subsidiary Company) Particulars Q1FY20 Q1FY19 (Rs in Lakh) Turnover 2717 1606 EBITDA (34) 108 PBT (128) 68
Slide 12: Financials - Yearly
8. Financials - Yearly Financial Highlights FY 19 FY 18 FY 17 FY 16 FY 15 FY 14 (Rs in crores) Net Turnover 2482.35 2344.01 2642.89 2380.58 2072.97 1722.04 Dairy 2479.18 2343.68 1870.72 1768.8 1555.86 1328.19 RE 11.37 6.87 5.21 3.04 2.57 0.77 EBITDA 192.43 133.32 146.61 136.47 88.08 98.65 Dairy 182.
Slide 13: Balance Sheet Figures
9. Balance Sheet Figures Particulars FY19 FY18 FY17 FY16 FY15 (Rs in crore) (As per Ind-As) Equity Share Capital 23.20 23.20 23.20 23.20 23.20 Other Equity (Reserves & Surplus) 781.76 754.81 570.02 216.80 169.80 Networth 804.96 778.01 593.22 240.00 193.00 Gross Fixed Assets 549.90 463.20 304.99 518.
Slide 14: Winning Farmers' Trust
10. Winning Farmers’ Trust Providing Punctual Facilitating loans Accuracy in Deployed mobile nutritional feed payments cattle insurance Measurement veterinary clinics at subsidised to farmers rates
Slide 15: Achieving Operational Excellence
11. Achieving Operational Excellence Bulk Coolers Chilling plants Processing plants Vehicles 110 2012 77 17 No. of Milk Procurement Number Representatives of 12663 7119 Distributors
Slide 16: Innovations
12. Innovations Launched new range of health drinks Lassi with goodness of ‘Ragi’ and ‘Sabja’ Accessibility
Slide 17: UHT Plant
13. UHT Plant Commissioned an UHT Plant with capacity of 1 Lakh Litres Per Day Variants: Double Toned Milk & Toned Milk. UHT Milk sales: 42,52,070 Liters (Apr’19 - Jun’19)
Slide 18: Parlour as branded outlets
14. Parlour as branded outlets Exclusive Product Outlets 1378 Outlets Helps in Branding Complete Range of Products Products availability and Accessibility to customers
Slide 19: Heritage Distribution Centre (HDC)
15. Heritage Distribution Centre (HDC) Exclusive Product Distribution centre 44 HDC’s in Operation 18 at Bangalore, 18 at Chennai, 2 at Delhi Region, 3 at Punjab, 1 at Mumbai, 1 at Rajahmundry and 1 at Vijayawada. Each HDC Covering 100 retail and 100 households of the locality Unique tool fo
Slide 20: Way Forward
16. Way Forward To reach a topline of Rs. 6000 crore To achieve Rs. 2400 crore from value added products To handle 28 lakh liters of milk per day To expand relationship to 6 lakh farmers To supply dairy products to 30 lakh households 1996 2019 20,000 LPD 15 LLPD 1 Processing Plant 17 Proce
Slide 21: Contact
Umakanta Barik I hfl@heritagefoods.in