Alembic Pharmaceuticals Limited · NSE:APLLTD
Alembic Pharmaceuticals — Q2 FY2013-14 Earnings Presentation
41 slides from Alembic Pharmaceuticals's earnings presentation, September 2013
Slide 1: Investor Presentation
Alembic Pharmaceuticals Limited Investor Presentation September 2013 BSE: Symbol: ALEMPHARM Code: 533573 NSE: Symbol: APLLTD ISIN: INE901L01018 www.alembic-india.com
Slide 2: Safe Harbour Statement
Safe Harbour Statement Materials and information provided during this presentation may contain ‘forward-looking statements’. These statements are based on current expectations, forecasts and assumptions that are subject to risks and uncertainties which could cause actual outcomes and results to diff
Slide 3: Agenda
Agenda The Alembic Journey Insight - Alembic Overview Insight - Strategic Advantage Growth Drivers Business Strategy and Approach Financials Corporate Social Responsibility
Slide 4: Agenda
Agenda The Alembic Journey Insight - Alembic Overview Insight - Strategic Advantage Growth Drivers Business Strategy and Approach Financials Corporate Social Responsibility
Slide 5: The Alembic Journey
The Alembic Journey 2003 State-of-the-art 2001 Formulations facility for Starts Regulatory 1972 manufacturing of Markets "Althrocin"- a Cephalosporin C 1971 brand of Erythromycin Erythromycin launched 1961 manufactured for the first Lal Bahadur time in India 1940 Shastri, the then Started Prime mini
Slide 6: The Alembic Journey
The Alembic Journey 2013 - Para IV filed 2011 - Cumulatively - ANVISA 59 ANDAs filed, (30 ANDA/NDA 2010 approvals - Aggressive approved) - Azithral sales ANDAs and and 62 DMFs 2009 Reach INR 1000 million DMFs filing Addressed mark 2007 chronic therapies - Demerger AL-APL through Acquisition of multi
Slide 7: Agenda
Agenda The Alembic Journey Insight - Alembic Overview Insight - Strategic Advantage Growth Drivers Business Strategy and Approach Financials Corporate Social Responsibility
Slide 8: Insight - Alembic Overview: Branded Formulations
Insight - Alembic Overview Branded Formulations Revenue of INR 8860 million Ranked 20th in the Ranked 15th in Well equipped in the domestic market for Indian Formulations Doctors Prescription Formulations Plant the financial year 2012-13 market with a market Universe** located at Baddi, share of 1.7
Slide 9: Insight - Alembic Overview: International Division
Insight - Alembic Overview International Division Business size of Sales in Regulatory 1 US FDA World-class INR 5960 million in the Generics Market of INR 2450 approved R&D and F&D financial year 2012-13 million in the financial year Formulations facility 2012-13 Plant Alliances with leading Robust
Slide 10: Business Portfolio
Business Portfolio R&D BRANDED Alliances API Quality FORMULATIONS Business Synergies INTERNATIONAL Manufacturing GENERICS Efficiency
Slide 11: Agenda
Agenda The Alembic Journey Insight - Alembic Overview Insight - Strategic Advantage Growth Drivers Business Strategy and Approach Financials Corporate Social Responsibility
Slide 12: Strategic Advantage
Strategic Advantage Alembic Research Centre is Well-developed the first in India to be Infrastructure facility - Information Security Certified 4 US FDA approved plants Highly talented pool of High-end quality / 300 Research Scientists RA structure R&D / F&D / Captive Manufacturing excellence Bio-eq
Slide 13: Manufacturing Infrastructure
Manufacturing Infrastructure Formulations - Generics Branded Formulations API (Regulatory Markets) USFDA, MCC, MHRA, Formulations plant at USFDA, EDQM, TGA, WHO ANVISA, TPD approved Baddi, Himachal Pradesh approved API facility at formulations facility at Panelav Panelav (2 units) and at Karkhadi (1
Slide 14: Manufacturing Infrastructure - Certifications
Manufacturing Infrastructure Certifications
Slide 15: Alembic Research Centre
Alembic Research Centre State-of-the-art Analytical & IPR infrastructure R&D FACILITY F&D CAPABILITIES BIO EQUIVALENCE CENTRE R&D Centre has been Expertise in Drug Deliveries State-of-the-art 90-bedded new recognized by DSIR, and Niche Formulations Bio Centre Govt. of India Well-defined Processes Hi
Slide 16: Research Capabilities
Research Capabilities FORMULATIONS API 59 ANDA Filing ANDAs filed 62 60 with DMFs Filing DMFs filed 30 ANDA / NDA approvals 57 60 54 44 45 37 32 26 25 18 18 11 18 13 12 11 13 7 7 7 8 9 6 6 Up to 2008-09 2009-10 2010-11 2011-12 2012-13 Up to 2008-09 2009-10 2010-11 2011-12 2012-13 2007-08 2007-08
Slide 17: Effective Marketing
Effective Marketing PAN India Marketing and Distribution Network OSTEOFIT ZENOVI Orthopedics Gynecology SPECIA Cardiology Diabetes SUMMIT Urology Cardiology INTENSA ENTERON EYECARE Diabetes Critical Care Gastroenterology Ophthalmology ALCARE MAXIS OTC & Rural General Focused SPECIALITY PHARMA MEGACA
Slide 18: Effective Marketing
Effective Marketing PAN India Marketing and Distribution Network GENERICS & NSA VETERINARY OTHER PRODUCT PORTFOLIO
Slide 19: Major Product Portfolio
Major Product Portfolio Top Therapatic Ranking* Other Therapatic Products Area Products Area Azithral Anti Infective 29 Rekool Gastroenterology Zeet/Bro-Zeet Cough & Cold Althrocin Anti Infective 58 Tellzy Cardiology Wikoryl Cough & Cold 153 Gestofit Gynecology Sharkoferrol Tonic Roxid Anti Infectiv
Slide 20: Agenda
Agenda The Alembic Journey Insight - Alembic Overview Insight - Strategic Advantage Growth Drivers Business Strategy and Approach Financials Corporate Social Responsibility
Slide 21: Growth Drivers
Growth Drivers Branded Formulation Business International Generic Business CAGR INR million CAGR INR million 9 13% % 37 55%% 8860 2450 2550 7830 6930 1020 2010-11 2011-12 2012-13 2010-11 2011-12 2012-13
Slide 22: Growth Drivers - Branded Formulations
Growth Drivers Branded Formulations Enhanced focus on existing branded business Through effective pan-India distribution Expected network and therapy based marketing annual growth and by pushing ahead acute and chronic segments like anti-infectives and cough 15-18% & cold medications Launch 20-25 ne
Slide 23: Growth Drivers - International Generics
Growth Drivers International Generics Superior cost efficiency Position Alembic as a cost efficient dependable quality manufacturer Expected CAGR of Expanded annual 30% production capacity Annual production to increase from 2.6 billion tablets/capsules to 5 billion tablets/capsules in 2013-14 ANDA f
Slide 24: Agenda
Agenda The Alembic Journey Insight - Alembic Overview Insight - Strategic Advantage Growth Drivers Business Strategy and Approach Financials Corporate Social Responsibility
Slide 25: Business Strategy & Approach
Business Strategy & Approach Sustainable Vertical High Growth in Business Streams Integration Advanced Markets Retaining and consolidating Vertical integration in R&D Partner in international strong presence in acute and manufacturing of market through alliances therapies in the domestic intermediat
Slide 26: Agenda
Agenda The Alembic Journey Insight - Alembic Overview Insight - Strategic Advantage Growth Drivers Business Strategy and Approach Financials Corporate Social Responsibility
Slide 27: Financial Highlights – Quarterly
Financial Highlights – Quarterly Consolidated Q II - FY 13-14 INR million Sales Q II / 13-14 Q II / 12-13 Business Share '13 Growth % Formulation Domestic Branded 2,410 2,199 49% 10% Domestic Generic & NSA 338 340 7% - International Branded 144 87 3% 65% International Generics 1,137 510 24% 123% API
Slide 28: Financial Highlights – Quarterly
Financial Highlights – Quarterly Result Highlight (Consolidated) Q II - FY 13-14 INR million Particulars Q II / 13-14 Q II / 12-13 Growth % EBDITA 1,265 807 57% (Before R&D) R&D Expenses 338 160 - EBDITA 927 647 43% (Post R&D) PBT 805 530 52% PAT 616 425 45%
Slide 29: Financial Highlights – 2012-13
Financial Highlights – 2012-13 Consolidated 2012-13 INR million Sales 2012-13 2011-12 Business Share '12 Growth % Formulation Domestic Branded 7,696 6,750 50% 14% Domestic Generic & NSA 1,167 1,076 8% 8% International Branded 441 567 3% (22)% International Generics 2,358 2.418 15% (2)% API Export 3,
Slide 30: Financial Highlights – 2012-13
Financial Highlights – 2012-13 Result Highlight (Consolidated) 2012-13 INR million Particulars 2012-13 2011-12 Growth % EBDITA 3,295 2,795 18% (Before R&D) R&D Expenses 736 586 - EBDITA 2,559 2,209 16% (Post R&D) PBT 2,064 1,610 28% PAT 1,653 1,301 27%
Slide 31: Revenue Overview
Revenue Overview Sales Composition Q II – FY 13-14 API Export Incentive 16% 1% International Generics Domestic Branded Formulations 24% 49% International Branded Formulations Generic & NSA 3% 7%
Slide 32: Revenue Overview
Revenue Overview Sales Composition Q II – FY 13-14 Therapy Based Sales Break up Anti Infectives 36% Gastrology 18% Domestic Cough & Cold 12% Branded Business Cardiology 11% Gynecology 9% Orthopedics 5% Anti Diabetic 5% Nephrology/Urology 2% Ophthalmology 2%
Slide 33: Revenue Overview
Revenue Overview Sales Composition 2012 - 2013 API Export Export Incentive 16% 1% API Domestic 7% Domestic Branded Formulations 50% International Generics 15% International Branded Formulations 3% Generic & NSA 8%
Slide 34: R & D Expense
R & D Expense Increased Thrust on Research to create Intellectual Property R&D spend as a % to Sales 5.06% 4.78% 4.30% 4.06% 3.60% 2008-09 2009-10 2010-11 2011-12 2012-13
Slide 35: Financial Snapshot
Financial Snapshot SALES PBIDTA CAGR CAGR 713% % INR million 26 % 21 INR million 15260 2559 14679 2209 12066 1603 2010-11 2011-12 2012-13 2010-11 2011-12 2012-13
Slide 36: Shareholding Pattern
Shareholding Pattern Alembic Pharmaceuticals Limited Promoters & Promoter Group 45% Alembic Limited Public 29% 16% FI / FII / MF Total Paid up Capital 10% INR 377.03 million 188.52 million Total No. of Shareholders 45,929 As on 30th September 2013
Slide 37: Agenda
Agenda The Alembic Journey Insight - Alembic Overview Insight - Strategic Advantage Growth Drivers Business Strategy and Approach Financials Corporate Social Responsibility
Slide 38: Corporate Social Responsibility
Corporate Social Responsibility Rural Development Society Rural Development Society is a Social Responsibility Initiative of Alembic founded in 1979 Enhancement for self employment and income generation for economic development School, hostel and medical facilities for local villagers
Slide 39: Corporate Social Responsibility
Corporate Social Responsibility Environment Alembic believes in clean and green chemistry Zero discharge facilities comprising of state-of-the-art aeration system, ultra filtration and reverse osmosis plant, evaporation and incineration plant Dedicated scrubbing system for process gas emissions
Slide 40: Alembic Pharmaceuticals Limited
For updates and specific queries please visit : www.alembic-india.com or feel free to contact : Mitanshu Shah Ajay Desai Tel.: 0265 - 300 7630 • Fax: 0265 - 228 2506 Tel.: 022- 306 11681 • Fax: 022 – 306 11682 mitanshu.shah@alembic.co.in ajay.desai@alembic.co.in Alembic Pharmaceuticals Limited Alemb
Slide 41: Thank You
Thank You
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