Godrej Agrovet Limited · NSE:GODREJAGRO
Godrej Agrovet — Q3 FY2021 Earnings Presentation
18 slides from Godrej Agrovet's earnings presentation, Feb 4, 2021
Slide 1: Exchange cover letter: Presentation to Investors & Analysts
Date: February 4, 2021 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 D
Slide 2: Performance Update – Q3FY21 & 9MFY21
GODREJ AGROVET LIMITED PERFORMANCE UPDATE – Q3FY21 & 9MFY21 February 04, 2021
Slide 3: GAVL Performance Highlights
GAVL PERFORMANCE HIGHLIGHTS 2 I Godrej Agrovet
Slide 4: Q3FY21 Financials – Key Highlights
Q3FY21 FINANCIALS – Key Highlights Particulars Standalone Consolidated (Rs crore, unless stated) Q3FY21 Q3FY20 % Growth Q3FY21 Q3FY20 % Growth Total Income 1,120.2 1,340.6 (16.4%) 1,539.2 1,792.0 (14.1%) Earnings before interest, tax and 115.0 89.0 29.3% 125.5 109.9 14.2% Depreciation (EBITDA) EBITD
Slide 5: 9MFY21 Financials – Key Highlights
9MFY21 FINANCIALS – Key Highlights Particulars Standalone Consolidated (Rs crore, unless stated) 9MFY21 9MFY20 % Growth 9MFY21 9MFY20 % Growth Total Income 3,539.8 3,994.1 (11.4%) 4,833.9 5,367.2 (9.9%) Earnings before interest, tax and 393.3 335.0 17.4% 481.2 393.1 22.4% Depreciation (EBITDA) EBITD
Slide 6: 9MFY21 Segment-wise Revenue and PBIT
9MFY21 SEGMENT-WISE REVENUE AND PBIT Segment Revenue Mix (1) Profit before interest and taxes (2) Poultry & Poultry and Processed processed food, food 6.3% 9.2% Dairy, 3.2% Dairy Animal Feed, 15.0% 29.8% Animal Feed 45.7% Crop Crop Protection Protection, 17.4% 43.3% Oil Palm Plantation, Oil Palm 17.
Slide 7: Ensuring Operational Efficiency, Agility and Financial Prudence
ENSURING OPERATIONAL EFFICIENCY, AGILITY AND FINANCIAL PRUDENCE • Indian economy is recovering at a faster-than-expected pace Fresh cases of COVID-19 have sharply declined in recent months Multiple measures implemented by Government to boost economy are yielding results Certain sectors are wit
Slide 8: Segment-wise Performance Update
SEGMENT-WISE PERFORMANCE UPDATE 7 I Godrej Agrovet
Slide 9: Animal Feed
ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars Q3FY21 Q3FY20 Growth 9MFY21 9MFY20 Growth Sales Volume (tons) 2,92,539 3,50,287 (16.5%) 8,40,197 10,06,623 (16.5%) Segment Revenue (Cr) 783.3 1013.0 (22.7%) 2,293.6 2,836.7 (19.1%)
Slide 10: Oil Palm Business
OIL PALM BUSINESS Largest domestic producer of Crude Palm oil and Palm Kernel Oil Particulars Q3FY21 Q3FY20 Growth 9MFY21 9MFY20 Growth Segment Revenue (Cr) 187.8 225.0 (16.6%) 638.3 607.0 5.2% Segment Result (Cr) 30.5 43.6 (30.0%) 78.4 85.0 (7.8%) Segment Margin (%) 16.3% 19.4% 12.3% 14.0% • White-
Slide 11: Crop Protection Business
CROP PROTECTION BUSINESS Agrochemical products produced cater to the entire crop lifecycles Particulars Q3FY21 Q3FY20 Growth 9MFY21 9MFY20 Growth Segment Revenue (Cr) 103.5 91.2 13.5% 488.0 500.8 (2.6%) Segment Result (Cr) 22.8 18.5 23.2% 132.7 148.0 (10.3%) Segment Margin (%) 22.0% 20.3% 27.2% 29.5
Slide 12: Astec Lifesciences
ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients and pharmaceutical intermediates Particulars Q3FY21 Q3FY20 Growth 9MFY21 9MFY20 Growth Revenue (Cr) 116.0 124.8 (7.1%) 383.0 342.0 12.0% EBITDA (Cr) 18.9 24.8 (23.9%) 79.7 49.2 62.1% EBITDA Margin (%) 16.3% 19.8% 20.8% 1
Slide 13: Creamline Dairy
CREAMLINE DAIRY Particulars Q3FY21 Q3FY20 Growth 9MFY21 9MFY20 Growth Revenue (Cr) 256.7 285.5 (10.1%) 752.2 912.2 (17.5%) EBITDA (Cr) 13.8 7.2 90.4% 35.3 30.2 16.8% EBITDA Margin (%) 5.4% 2.5% 4.7% 3.3% • Low out-of-home consumption and subdued demand from HoReCa segment has adversely impacted the
Slide 14: Godrej Tyson Foods Limited; Joint Venture ACI Godrej Agrovet
GODREJ TYSON FOODS LIMITED Particulars Q3FY21 Q3FY20 Growth 9MFY21 9MFY20 Growth Revenue (Cr) 155.2 158.1 (1.8%) 463.7 401.5 15.5% EBITDA (Cr) 10.6 (9.4) NA 41.1 (14.1) NA EBITDA margin % 6.8% (5.8%) 8.9% (3.5%) • Lower sales in the ‘Live Bird’ and the ‘Real Good Chicken’ segments led to flat revenu
Slide 15: GAVL Shareholding Pattern
GAVL SHAREHOLDING PATTERN Major Investors Shareholding pattern as on December 31, 2020 • Temasek Others , 9.2% • Aberdeen DII, 5.5% • Kotak Mutual Fund • LIC India • DSP FII, 15.0% • Vanguard • ICICI Prudential Promoters, 70.3% • Bajaj Holdings • Tata AIG • Tata Mutual Fund 14 I Godrej Agrovet
Slide 16: 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 15 I Godrej Agrovet
Slide 17: 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 18: Thank You for Your Time and Consideration
THANK YOU FOR YOUR TIME AND CONSIDERATION 17 I Godrej Agrovet