Slide 1: Sharing the Joy of Food – Investor Update Q1 FY 2017
Sharing the Joy of Food Investor Update – Q1 FY 2017
Slide 2: Disclaimer
Disclaimer This report contains forward-looking statements, which may be identified by their use of words like ‘plans’, ‘expects’, ‘will’, ‘anticipates’, ‘believes’, ‘intends’, ‘projects’, ‘estimates’, or other words of similar meaning. All statements that address expectations or projections about t
Slide 3: Contents
Contents S No Particulars Page No 1 Business Overview 04-09 2 Key Developments & Product Launches 10-16 Extending the Portfolio across Food & Beverages 11 Exciting Launches in Personal Care Category 12 Distribution Network Spanning across Channels 13 General Trade Launch 14 Extending the Reach to On
Slide 4: Business Overview
BUSINESS OVERVIEW 4
Slide 5: Integrated Food & FMCG Company
Integrated Food & FMCG Company Food & FMCG Brands Two Strong Pillars Supporting the Furtherance of Business Purpose Distribution Network Sourcing & Manufacturing • Overall distribution footprint of ~3,800 stores • Strong presence in sourcing of agri commodities and fresh • Access to a vast network o
Slide 6: FCEL - Ind AS Implementation
FCEL - Ind AS Implementation • As per SEBI guidelines, Ind-AS is applicable to FCEL from 1st April 2016 • FCEL is adopting Ind-AS in a phased manner, and accordingly Financial results for Q1 FY17 and Q1FY16 are as per Ind-AS requirements Balance Sheet under Ind-AS will be published in the Q2FY17
Slide 7: Quarter Ended Q1 FY17 - At a Glance
Quarter Ended Q1 FY17- At a Glance 1 On a strong revenue growth trajectory with top line growth of 57%** 2 Continued on the path of profitability with an EBITDA of ₹36 mn Brands like Tasty Treat (52%), Clean Mate & Care Mate (28%) continued to drive higher 3 sales growth 4 Branded Staples (57%) and
Slide 8: Overview – Q1 FY17 vs Q1 FY16
Overview – Q1 FY17 vs Q1 FY16 Top Line Growth 57% ** ** Like to like growth, excluding impact of convenience stores franchised effective from Feb’16 Reported Topline Growth: 35% 36 EBITDA (₹ mn) (83) Q1 FY16 Q1 FY17 8
Slide 9: Portfolio: Key Brands and Categories
Portfolio: Key Brands and Categories Brands Business Constituted ~91%(1) of Our Top Line in Q1 FY17 Branded Staples, Dairy and Bakery, Fruits and Vegetables, Snacks, Juices, Frozen Foods, Ready to Cook Foods among others Food and Beverages (94%) Wipes, Body Wash, Body Lotion, Toilet and Floor Cleane
Slide 10: Key Business Developments
KEY BUSINESS DEVELOPMENTS 10
Slide 11: Extending the Portfolio across Food & Beverages
Extending the Portfolio across Food & Beverages • Sunkist launched exciting range of fusion drinks including Lemon Cucumber Mint, Mojito and Orange Lemon Lime flavors • Expanded Olive Oil portfolio to include the Pure variant • Tasty Treat now offers snacks including Crispy Strips and Nimbu Chatka •
Slide 12: Exciting Launches in Personal Care Category
Exciting Launches in Personal Care Category • Extending its Beauty On the Go positioning, Kara launched a new range of Nail Polish Remover Wipes • Available in various fruity fragrances such as Strawberry, Lemon and Orange and are enriched with Olive Oil and Vitamin E Launched across Big Bazaar stor
Slide 13: Distribution Network Spanning across Channels
Distribution Network Spanning across Channels Presence across leading organized retailers • Access to a strong network of ~770 hypermarkets & convenience stores across Future Group • Continued to expand the Modern Trade reach by adding HyperCity to the network Modern trade channels including Star
Slide 14: General Trade Launch
General Trade Launch • Extended General Trade supply to over 700 General Trade stores in Allahabad, Varanasi and Ghazipur via 4 distributors in the region 14
Slide 15: Extending the Reach to Online Platforms
Extending the Reach to Online Platforms 15
Slide 16: Environment, Health and Safety Policies Implemented
Environment, Health and Safety Policies Implemented “SAFETY FIRST, SAFETY ALWAYS” • Aim of creating sustainable businesses through the establishment and implementation of good international industry practices like the World Bank Group EHS Guidelines and relevant national laws, regulations and applic
Slide 17: Financial Overview
FINANCIAL OVERVIEW 17
Slide 18: Performance Overview - Q1 FY17
Performance Overview - Q1 FY17 • Total Operating Income increased significantly from ₹3,449mn EBITDA Improvement on the Back of (Q1FY16) to ₹4,671 mn (Q1FY17) representing a 35% growth High Growth Tasty Treat continues to register strong growth of 52% on 36 YoY basis Branded Staples registered a
Slide 19: Consolidated Income Statement
Consolidated Income Statement Quarter Ended Particulars (In ₹ mn) Q1 (FY 17) Q1 (FY 16) Total Operating Income 4,671 3,449 Financials are as per Ind-AS Y-o-Y Growth (%) 35% • Topline witnessed a 57% like for Gross Margin 662 529 like growth, excluding impact of Other Income 28 13 convenience stores
Slide 20: Appendix – Key Impact Areas as per Ind-AS
Appendix – Key Impact Areas as per Ind-AS • Consolidation of Joint Ventures under Equity Method (Single line item of Profit / Loss) • Measurement of financial instruments at fair value • Bifurcation of compound instruments into equity & liability components • Business combinations to be accounted at
Slide 21: Namaste!!
NAMASTE!! Disclaimer: This report contains forward-looking statements, which may be identified by their use of words like ‘plans’, ‘expects’, ‘will’, ‘anticipates’, ‘believes’, ‘intends’, ‘projects’, ‘estimates’, or other words of similar meaning. All statements that address expectations or projecti