Lt Foods Limited · NSE:LTFOODS
Lt Foods — Q4 FY22 Earnings Presentation
32 slides from Lt Foods's earnings presentation, May 30, 2022
Slide 1: Investor Presentation FY22 & Q4 FY22
Investor | Presentation FY22 & Q4 FY22 LT FOODS NURTURING GOODNESS
Slide 2: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the ‘Presentation’), which have been prepared by LT Foods Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 3: Maximizing Shareholders Return by Strategic Focus towards Profitable Growth
Maximizing Shareholders Return by Strategic Focus towards Profitable Growth A Revenue 4 Profit After Tax -) Return On Equity (%) 309 14 A A A 10 39 125 480 bps 3,915 % 137 % p FY19 FY22 FY19 FY22 FY19 FY22 Growth in Revenue is being supported by strengthening the brands, widening distribution networ
Slide 4: Contents
Contents ESG Capital Allocation Plan Highlights Strategic Focus Financial & Business Segment Update Shareholding Pattern LT Foods Investor presentation, FY22 & Q4 FY22
Slide 5: Q4 FY22 Key Highlights (YoY)
Q4 FY22 Key Highlights (YoY) 31%f @ @ 27% © @ Total Revenue Profit Before Tax Gross Profit Profit After Tax EBITDA 18 % t Earning Per Share @ EBIT 20% tT Cash Profit @ @ @ 24% ff 26% f 27% t 21% ff LT Foods Investor presentation,
Slide 6: Q4 FY22 Performance Highlights (YoY)
LTFOODS 6 LT Foods Investor pr Q4 FY22 Performance Highlights (YoY) Sere, 26% PP ovumicsoomen BU € € Premium Portfolio 69 A Seoment alll 68 % of € € ee das : e a e ‘> 4 I resentation, 4,FY22
Slide 7: FY22 Key Highlights (YoY)
FY22 Key Highlights (YoY) Total Revenue 1 4% tT Rei 62% T G @ er §— 9% Po cess Pro 14% % @ @ Premium Portfolio = BG %E PBT 6% T @ @q Organic Segment 1 9% PAT 7% t 9 @ @ Pa - . oe LTEOODS) 7 LT Foods Investor presentatién,
Slide 8: FY22 Key Highlights (YoY)
FY22 Key Highlights (YoY) Book Value Per Share Interest Coverage Ratio € 7 Current Ratio € Z Working Capital Days 14% f 7 .2x t (from 5.6x) 1.8x T (from 1.7x) 207 j (from 235) Finance Cost Debt to Equity Debt to EBITDA € Debt Level € 7 21% § 0.5x j (from 0.7x) 1.7x I | (from 2.1x) %229..§ (reduction
Slide 9: Contents
Contents ESG Capital Allocation Plan Key Highlights Strategic Focus e * -: Financial & Business Segment Update Shareholding Pattern LT Foods Investor presentation, FY22 & Q4 FY22
Slide 10: FY22 — Financial Update
FY22 — Financial Update | Revenue 14% 4,773 FY21 FY22 ae SF Revenue up 14% y-o-y basis aided by accelerated brand investments across all 3 business segments — Basmati & Other Specialty Rice, Organic and Health and Convenience business A\l Figures in ® Crore unless specified | Gross Profit EBITDA £8
Slide 11: Business Segments
Business Segments * Contributes c.13% to the overall revenue 1 3% * Diversified portfolio comprising of organic rice, cereal grains, soya based products, flour, pulses, oil and oil seeds, nuts, spices, herbs, millets, etc. * Ground Presence in US & Europe to strengthen local presence in these market
Slide 12: Segment-wise Update — Basmati & Other Specialty Rice
Segment-wise Update — Basmati & Other Specialty Rice ] Revenue ( _ ae 10% 3,036 _ 7, 304 7 i FY 21 FY 22 Gross Profit & Margin 34% 34.6% 488 1,365 FY21 FY22 All Figures in ® Crore unless specified ] Revenue C BInternational _mIndia 3,936 4,304 1450 1199 9% 2,737 2,854 FY21 FY22 | EBITDA & Margin ( 1
Slide 13: Segment-wise Update — Organic Segment
Segment-wise Update — Organic Segment ] Revenue ( | Bevene ( ___ ABET 95 595 roe A 381 19% FY20 FY 21 FY 22 Fy21 FY22 Gross Profit & ( | EBITDA ( Margin & Margin 32.6% acl we ce aia = Fy22 FY21 A\l Figures in ® Crore unless specified | Decline in EBITDA Margins on account of increase in Freight cost
Slide 14: Segment-wise Update — Health & Convenience Segment
Segment-wise Update — Health & Convenience Segment Revenue | Revenue £ | & Growth ( ose 121 121 ee 75 79 ia a 7 FY20 FY 21 FY 22 FY21 FY22 Gross Profit & EBITDA Margin £ 3 & Margin £ 32.6% t= | ————_..32.4% 4 39 24 ———_#% FY21 FY22 All Figures in & Crore unless specified | EBITDA Margins are negativ
Slide 15: Key Performance Metrics
Key Performance Metrics 5 Revenue é 5,451 4,773 3, i 4,173 | L FY22 L 19 FY 20 FY 21 ] Finance Cost e 3.6% 3.2% > 43g 8" 13 1.3% FY 19 FY 20 FY 21 FY22 G__AiFigures in & crore unless specified Gross Profit & Margin é 33.7% 33.7% 1,608 —— on 1,836 7 1,202 if l L 19 i FY 21 Profit Before Tax & Margin
Slide 16: Key Financial Ratios
Key Financial Ratios cash Row fon Debt/Equi Debt EBITDA Ratio Operations (€ crore) é | quity t | é 4.0 1.2 =®=Total Debt —e®=Long Term Debt 477 445 517 an) 0.7 0.7 . 0.5 21 17 103 0.1 0.4 . * oul 0,1 FY 19 FY 20 FY 21 FY22 FY 19 FY 20 FY 21 FY22 vas 20) Fy 24 Fy22 Book value ; ] Interest _ ( | per s
Slide 17: Revenue by Geography and Segment
USA India New Products Others Europe Middle East Organic Basmati & Other Specialty Rice Rest of World ₹
Slide 18: Contents
Contents ESG Financial = & Business Z ;gment Update Capital Allocation Plan = Key rat Shareholding Highlights Patiora Strategic Focus 18 LT Foods Investor presentation, FY22 & Q4 FY22
Slide 19: Capital Allocation Plan
Capital Allocation Plan We aim to balance the objectives of ploughing back earnings to support sustained growth, debt reduction and appropriate reward to shareholders through dividends G: | Growth Utilizing the free cash flow generated for the growth in its Basmati and Organic business along with th
Slide 20: Contents
Contents ESG Capital Allocation Plan Key Highlights Strategic Focus Financial & Business Segment Update Shareholding Pattern LT Foods Investor presentation, FY22 & Q4 FY22
Slide 21: Strategic Focus
rategic Focu Margin Strengthen = Growth E a Expansion E Financial Metrics a Solidify the leadership position in key markets Change in Product Mix Strengthen Balance Sheet Metrics and grow current market share with target 5 and enhance return ratios Le TMI CEG HOE Efficiencies across value chain Stre
Slide 22: Contents
Contents Capital Allocation Plan Key Highlights Strategic Focus 22 Financial & Business Segment Update Shareholding Pattern LT Foods Investor presentation, FY22 & Q4 FY22
Slide 23: Environmental Social Governance
Environmental Social Governance
Slide 24: ESG - Environmental Indicators
ESG - Environmental Indicators Sustainable Farming 47,000 acres under land laser levelling and AWD (2020 and 2021): 1.4 lakh acres of organic certified farming = Reduction in Fertilisers cost by 27% = Reduction in Pesticide cost by 26% = 9% increase in paddy yield * 26% increase in farmer profitabil
Slide 25: ESG - Environmental Indicators
ESG - Environmental Indicators Water Conservation r’ Sustainable Packaging Water saving of ~113 Billion litres ‘a over 3 years through land laser @ levelling 74% recyclable packaging portfolio HY dae Water Conservation Project=—== covering 12 villages (11 stop =f —i EF dams and 4 ponds) W — a 76 MT
Slide 26: ESG - Environmental Indicators
ESG - Environmental Indicators Climate Change 46% electricity from 1 Lakh trees planted 170 acres of land destined renewable sources (2020 to 2022) to biodiversity 2500 energy efficient 700 solar streetlights cookstoves and solar lamps to rural families 26 “*Baselining for LT Foods Ltd.; Daawat Food
Slide 27: ESG - Social Indicators
ESG - Social Indicators Zero fatality at workplace cre) 30+ ESG certification FO} 27,000 MT fair trade rte y certified products 27 LT Foods *Baselining for LT Foods Ltd.; Daawat Foods Ltd., Nature Bio Food Ltd., Ecopure Specialities Ltd.)
Slide 28: *Baselining for LT Ltd.; Daawat Foods Ltd., Nature Bio Food Ltd., Ecopure Specialities Ltd.)
*Baselining for LT Ltd.; Daawat Foods Ltd., Nature Bio Food Ltd., Ecopure Specialities Ltd.)
Slide 29: ESG - Governance Indicators
ESG - Governance Indicators 2 or less number of directorship 57% Independent directors Fl B of independent directors in other = Aa listed companies T= ; i , 29% gender diversity at ra 100% Board Attendance oan 100% Audit Committee Independent Nomination and Remuneration Committee LOrFOOmSS 29 Onn eS
Slide 30: Contents
Contents ESG | Allocation Plan Capital Key Highlights Strategic Focus 30 Financial & Business Segment Update Shareholding Pattern LT Foods Investor presentation, FY22 & Q4 FY22
Slide 31: Shareholding Information
Shareholding Information — Mutual Funds, 3.39% Shareholder Information as on Mar 31 , 2022 WY BSE Ticker >» 532783 NSE Symbol >» — DAAWAT Market Cap (€ Cr) > 2498 % Free- float >» 43.19% Free Float Market Cap (Cr) 1079 Promoter, 56.81% Others, 38.42% Shares Outstanding (Cr) > 32 Industry » Consumer
Slide 32: Investor Contact
Investor Contact a = Ms. Monika Chawla Jaggia (2) Monika.Jaggia@ltgroup.in © 0124-3055210 (@ ttgroup.in e DaawatBasmatiOfficialAuthenticRoyalFoods Q CIN: L74899DL1990PLC041790 © Corporate Office Address: © Registered Office Address: 4th Floor, MVL | Park, Unit-134, 1st Floor, Rectangle-1, Saket | Se