Godrej Agrovet Limited · NSE:GODREJAGRO
Godrej Agrovet — Q1 FY25 Earnings Presentation
22 slides from Godrej Agrovet's earnings presentation, Aug 1, 2024
Slide 1: Exchange filing cover letter: Presentation to Investors & Analysts
Date: August 1, 2024 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Exchange Plaza, Bandra - Kurla Complex, Fort, Mumbai – 400001 Bandra (East), Mumbai-400051 Ref.: BSE Scrip Code No. “540743” Ref.: “GODREJAGRO” Sub: Presentation to Investors & Analysts Dear
Slide 2: Godrej Agrovet Limited Q1 FY25 Performance Update
GODREJ AGROVET LIMITED Q1 FY25 PERFORMANCE UPDATE 1 I Godrej Agrovet
Slide 3: 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 4: ESG Update
ESG UPDATE 3 I Godrej Agrovet
Slide 5: Our ESG initiatives continued to generate meaningful impact
OUR ESG INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 74% 20x GAVL’s Renewable energy portfolio Water conservation ✓ Installed Solar rooftops at 20+ manufacturing sites ✓ A water positive company; 9.25 million m3 water sequestered # ✓ Vegetable Oil business’ renewable energy portfolio ~98.5% o
Slide 6: Ambitious global commitments & affiliations
AMBITIOUS GLOBAL COMMITMENTS & AFFILIATIONS ▪ Member of the World Business ▪ Signatories to the global EP100 ▪ Committed to the global Science Council for Sustainable framework created by the Based Targets initiative (SBTi) to Development Climate Group, committed to reduce our emissions in line with
Slide 7: Strong commitment to CSR
STRONG COMMITMENT TO CSR Value Chain : Brighter Farming & Water stewardship ✓ 1,751 farmers were trained on dairy management to improve yield ✓ AI was conducted with 1,905 animals and 8,964 animals benefitted from the veterinary camps ✓ Covered 155 ha. area through water stewardship programme and co
Slide 8: Performance Highlights
PERFORMANCE HIGHLIGHTS 7 I Godrej Agrovet
Slide 9: Key Highlights – Q1 FY25
KEY HIGHLIGHTS – Q1 FY25 EBITDA* Growth +23% PAT* Growth +31% Crop Protection +68% EBITDA y-o-y Dairy – Excellent Turnaround In-house volume +40% EBIT Margin 45% VAP Salience 42% EBITDA ₹ 28 Cr +344% y-o-y Godrej Tyson Animal Feed – Strong profit growth Branded Products Volume +17% y-o-y EBIT per MT
Slide 10: Q1 FY25 Consolidated Financials – Key Highlights
Q1 FY25 CONSOLIDATED FINANCIALS – KEY HIGHLIGHTS Excluding – non-recurring & exceptional Financial Highlights As Reported items * (₹ Crore unless Stated) Q1 FY25 Q1 FY24 % y-o-y Q1 FY25 Q1 FY24 % y-o-y Revenues 2,351 2,510 -6.4% 2,351 2,510 -6.4% Earnings before interest, tax and Depreciation (EBITD
Slide 11: Q1 FY25 Segment-wise Revenue and PBIT
Q1 FY25 SEGMENT-WISE REVENUE AND PBIT Segment revenues (1) – Q1 FY25 Segment results (2) – Q1 FY25 Others, -1.4% Poultry & processed Others, 1.1% Poultry & processed food, 9.5% food, 8.6% Animal Feed, Animal Feed, 34.9% 46.8% Dairy, 8.3% Dairy, 17.3% Crop Protection, Crop 14.8% Protection, 38.8% Veg
Slide 12: Segment-wise Performance Update
SEGMENT-WISE PERFORMANCE UPDATE 11 I Godrej Agrovet
Slide 13: Animal Feed
ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars Q1 FY25 Q1 FY24 Y-o-Y Change Sales Volume (tons) 3,45,948 3,74,215 -7.6% Segment Revenue (₹ Cr) 1,155 1,285 -10.1% Segment Result (₹ Cr) 78 54 44.7% Segment Margin (%) 6.8% 4.2% • V
Slide 14: Vegetable Oil
VEGETABLE OIL Largest domestic producer of Crude Palm oil (CPO) and Palm Kernel Oil(PKO) Particulars Q1 FY25 Q1 FY24 Y-o-Y Change CPO Realisations (₹ per MT) 84,339 81,295 3.7% PKO Realisations (₹ per MT) 1,18,497 1,02,575 15.5% Segment Revenue* (₹ Cr) 215 226 -4.5% Segment Result# (₹ Cr) 23 28 -16.
Slide 15: Crop Protection Business
CROP PROTECTION BUSINESS Agrochemical products catering to the entire crop lifecycles Particulars Q1 FY25 Q1 FY24 Y-o-Y Change Segment Revenue (₹ Cr) 314 264 18.9% Segment Result (₹ Cr) 142 85 67.9% Segment Margin (%) 45.2% 32.0% • Stellar growth in topline was led by volume growth in Plant Growth R
Slide 16: Astec LifeSciences
ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients Particulars Q1 FY25 Q1 FY24 Y-o-Y Change Revenues (₹ Cr) 69 143 -52.0% EBITDA* (₹ Cr) -27 5 NM EBITDA Margin (%) NM 3.4% *Excluding write down of inventories of ₹ 18 Cr in Q1 FY25 • Topline as well as profitability was a
Slide 17: Creamline Dairy
CREAMLINE DAIRY Private dairy player in Southern India with a wide range of product portfolio Particulars Q1 FY25 Q1 FY24 Y-o-Y Change Revenues (₹ Cr) 429 424 1.0% EBITDA (₹ Cr) 28 6 344.2% EBITDA Margin (%) 6.4% 1.5% • Topline remained flat due to drop in overall volume and pricing pressure. • EBIT
Slide 18: Godrej Tyson Foods Limited and ACI Godrej Agrovet joint venture
GODREJ TYSON FOODS LIMITED Particulars Q1 FY25 Q1 FY24 Y-o-Y Change Revenues (₹ Cr) 234 310 -24.5% EBITDA (₹ Cr) 24 31 -23.3% EBITDA Margin (%) 10.3% 10.1% • Revenues declined primarily due to lower volumes in live bird business as GTFL continued to focus on branded business & reduce exposure to liv
Slide 19: Annexures
ANNEXURES 18 I Godrej Agrovet
Slide 20: Shareholding Pattern as of June 30, 2024
SHAREHOLDING PATTERN AS OF JUNE 30, 2024 FII Major Investors 9.5% DII 6.0% ➢ Temasek ➢ LIC of India ➢ Nippon Mutual Fund Others ➢ Vanguard 10.5% ➢ DSP ➢ Axis Mutual Fund ➢ The Oriental Insurance Company Limited ➢ Government Pension Fund Global Promoters 74.0% 19 I Godrej Agrovet
Slide 21: Contact Us
CONTACT US To know more, visit us at: www.godrejagrovet.com S Varadaraj Gaurang Chotalia Email: s.varadaraj@godrejagrovet.com Email: gaurang.chotalia@godrejagrovet.com gavlinvestors@godrejagrovet.com gavlinvestors@godrejagrovet.com 20 I Godrej Agrovet
Slide 22: Thank you for your time and consideration
THANK YOU FOR YOUR TIME AND CONSIDERATION 21 I Godrej Agrovet