Mitchell's Fruit Farms Limited · PSX:MFFL

Mitchell's Fruit Farms — Investor Presentation (March 2021)

17 slides from Mitchell's Fruit Farms's investor presentation, Mar 29, 2021

  1. Slide 1: Mitchell's Farm Fresh 1955

    MITCHELLS, Farm Fresh 1955

  2. Slide 2: Corporate Briefing Session Year 2020

    2 CORPORATE BRIEFING SESSION Year 2020 Monday, March 29, 2021

  3. Slide 3: Index

    3 Index • Mitchell’s Evolution process • Core Business Activities • Key Certifications • Five years Performance Review • Five years Financial Position- Balance Sheet • Graphical Financial Analysis: Revenues • Performance Comparison – 2020 Vs 2019 & Q1: 2021 Vs 2020 • Performance Overview • Q&A

  4. Slide 4: Mitchell's Evolution Process

    . > 1913 Frank Michel slated 720 arse scan Fast Peducts Pt) Lid actor ie css becomes the ste marlocer wd post Wir betwoan tho canal end the North tranardleatecortertrspocclsatn —inLahore on 25h Ae reeaarh, whch ys te of Wiese of rut ihe cur ard ‘Ssrinte f to word famous Rosa brand Weston Ralway, run

  5. Slide 5: Core Business Activities

    Core Business Activities Squashes - 1933 Preserves - 1951 Ketchup & Sauces – 1953 Ready - to - Cook Ready - to - Eat Sugar Conf. 1980 Count lines - 1983 Moulded Chocolate- 1998 Pickles & Chutneys - 1979

  6. Slide 6: Key Certifications

    6 Key Certifications ISO 9001-2015 Halal Certification-IFANCA PSQCA PFA FDA Certification for Products to US FSSC 22000

  7. Slide 7: Five years Performance Review- Profit or Loss Statement

    7 Five years Performance Review- Profit or Loss Statement 2020 2019 2018 2017 2016 Rs. In '000 Profit and Loss Account Net Sales 2,112,493 1,987,552 1,628,008 1,894,406 1,679,462 Cost of Sales (1,670,070) (1,553,139) (1,375,118) (1,445,303) (1,286,380) Gross Profit 442,423 434,413 252,890 449,103 39

  8. Slide 8: Five Years Financial Position- Balance Sheet

    8 Five Years Financial Position- Balance Sheet 2020 2019 2018 2017 2016 Rs. In '000 Balance Sheet Non-current Assets 614,348 638,792 696,294 703,414 681,248 Current Assets 766,271 704,702 797,015 861,160 733,752 Total Assets 1,380,619 1,343,494 1,493,309 1,564,574 1,415,000 Equity 74,310 126,445 209

  9. Slide 9: Graphical Financial Analysis

    9 Graphical Financial Analysis Sales Revenue [Rs. in million] 2,500.00 2,112.49 1,987.55 2,000.00 1,894.41 1,679.46 1,628.01 1,500.00 1,000.00 500.00 - Year 2016 Year 2017 Year 2018 Year 2019 Year 2020

  10. Slide 10: Performance Comparison- Profit or Loss - 2020 Vs 2019

    10 Performance Comparison- Profit or Loss - 2020 Vs 2019 2020 2019 diff Rs. In '000' %age Inc /(dec) Sales 2,126,297 1,987,552 138,745 7% Cost of sales (1,683,184) (1,553,139) (130,045) -8% Gross profit 443,112 434,413 8,699 2% Administration expenses (148,610) (135,252) (13,358) -10% - - Distributi

  11. Slide 11: Performance Comparison- Profit or Loss – Q1 2021 Vs Q1 2020

    11 Performance Comparison- Profit or Loss – Q1 2021 Vs Q1 2020 Q1 2021 Q1 2020 diff in val 2021 Vs 2020 Rs Rs Rs %age Inc /(dec) Sales 702,444 - 525,857 176,587 33.6% Cost of sales (524,929) - (408,274) (116,654) 28.6% Gross profit 177,515 117,583 59,933 51.0% Administration expenses (55,114) - (42,

  12. Slide 12: Performance Overview

    12 Performance Overview New management took over in October 2020. New Financial Year shall now close on 30 June 2021 (for nine months’ period). Successful issue of Right Shares to the tune of PKR 750M. Right Issue proceeds mainly utilized in repayment of bank loans & Trade Creditors. Massive mo

  13. Slide 13: Performance Overview

    13 Performance Overview For first time, company attained a Billion Rupee Sales landmark during only first four months of current financial year. Likely to close next financial year at over PKR 2 Billion sales figure (in nine months). Massive revamping of Sales Structure and new marketing campaign

  14. Slide 14: Performance Overview

    14 Performance Overview Mitchell’s repositioning brand essence has been redefined Introduction of new packaging and design for our Jams, Jellies and Marmalades. Renovation of the recipes for Hero brands in business segments of Confectionary & Chocolates Marketing communication and go to market p

  15. Slide 15: Performance Overview

    15 Performance Overview Factory upgrades for quality product output and increasing outputs: working towards the objective of “cutting the fat” in machine lines. Sales Flow Software implementation Implementation of SAP ERP

  16. Slide 16: Q&A

    Q&A MITCHELLS.

  17. Slide 17: Thank You

    Thank You MITCHELLS.

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