Lt Foods Limited · NSE:LTFOODS
Lt Foods — Investor Presentation (December 2021)
25 slides from Lt Foods's investor presentation, Dec 2, 2021
Slide 1: Regulation 30 disclosure cover letter to stock exchanges
Ref- LTF/ SE/ 2021-22 Date: 2nd December, 2021 To: The Bombay Stock Exchange (BSE Limited ) National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E) Mumbai – 400 051 Dear Sir, Sub:- Disclosure under Reg
Slide 2: Investor Presentation December 2021
Investor Presentation December 2021
Slide 3: 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 4: Contents
Contents Who We Are Strategic Focus Growth Margin Expansion Strengthening Financial Metrics LT Foods’ Scorecard Going Forward – Strategic Focus
Slide 5: Who We Are
Who We Are LT Foods is a 70-year-old consumer food company that is a leading player in the specialty rice and rice food products business across the globe, delivering the finest quality and taste experiences in more than 60 countries. The company portfolio includes a range of power brands that inclu
Slide 6: Global Footprint & Diversified Portfolio
Global Footprint & Diversified Portfolio 1.5% 6% 4% 8% 12% 36% 20% Revenue Revenue Rs. 4,773 crore Rs. 4,773 crore 83% 30% USA India Europe Basmati & Other Specialty Rice Organic New Products Middle East Rest of World
Slide 7: Contents
Contents Who We Are Strategic Focus Growth Margin Expansion Strengthening Financial Metrics LT Foods’ Scorecard Going Forward – Strategic Focus
Slide 8: Strategic Focus
Strategic Focus • Grow 3 business segments • Basmati & Other Specialty Rice Business • Organic Business • Convenience & Health Business • Margin Expansion • Strengthen Financial Metrics
Slide 9: Contents
Contents Who We Are Strategic Focus Growth Margin Expansion Strengthening Financial Metrics LT Foods’ Scorecard Going Forward – Strategic Focus
Slide 10: Basmati & Other Specialty Rice Business
Basmati & Other Specialty Rice Business • Growing at a 3 Year CAGR of 8%, contributes 83% to revenue led by flagship brand “Daawat” with 28%* market share in India and “Royal” with 50% market share in North America • Company has adopted inorganic routes as well to strengthen its business across glob
Slide 11: Basmati & Other Specialty Rice Business
Basmati & Other Specialty Rice Business • Premium portfolio up by 10% led by 9% growth in India and 10% growth in International business • Distribution Network and reach to Retail outlets doubled in the last 4 years in India ; currently we have 1200+ distributors in India, 100+ in international mark
Slide 12: Organic Business
Organic Business • Growing at a 3 Year CAGR of 24%, contributes 12% to revenue • Pioneered Organic Business in 1990 • Associated with 64,000+ farmer families and 94,000+ hectares of certified organic land • Emerged as a innovative global leader in providing authentic organic food ingredients to the
Slide 13: Convenience & Health Food Business
Convenience & Health Food Business • Growing at a 3 Year CAGR of 49%, contributes c. 1.5% to revenue • Keeping a close tap on evolving consumer trends and leveraging Royal Ready to Heat Daawat Sauté Sauces the strong equity and distribution network of flagship brands “Daawat” and “Royal” • Launched
Slide 14: Contents
Contents Who We Are Strategic Focus Growth Margin Expansion Strengthening Financial Metrics LT Foods’ Scorecard Going Forward – Strategic Focus
Slide 15: Basmati and Other Specialty Rice Business Margins
Basmati and Other Specialty Rice Business Margins Gross Profit & Margin EBITDA & Margin 31.9% 29.1% 13.7% 24.8% 12.8% 1,233 11.0% 1,040 528 458 832 370 FY 19 FY 20 FY 21 FY 19 FY 20 FY 21 6M Gross Profit & Margin 6M EBIDTA & Margin 33.5% 35.6% 13.6% 13.8% 681 688 277 266 6M FY21 6M FY22 6M FY21 6M F
Slide 16: Overall Margin Expansion
Overall Margin Expansion Gross Profit & Margin EBITDA & Margin 28.8% 31.1% 12.2% 12.8% 24.9% 1,459 10.8% 598 1,202 509 976 421 FY 19 FY 20 FY 21 FY 19 FY 20 FY 21 PAT & Margin 6.2% 4.8% 3.5% 289 199 137 FY 19 FY 20 FY 21 All Figures in Rs. crore unless specified 15
Slide 17: Contents
Contents Who We Are Strategic Focus Growth Margin Expansion Strengthening Financial Metrics LT Foods’ Scorecard Going Forward – Strategic Focus
Slide 18: Strengthening Financial Metrics
Strengthening Financial Metrics Return on Equity (%) Return on Capital Employed (%) 17.0% 15.3% 15.5% 15.6% 12.5% 13.6% 9.6% 11.3% FY19 FY 20 FY 21 6M FY22 FY 19 FY 20 FY 21 6M FY22 Free Cash Flow 478 396 345 FY19 FY 20 FY 21 6M FY22 All Figures in Rs. crore unless specified -33
Slide 19: Strengthening Financial Metrics
Strengthening Financial Metrics Debt - Equity Debt - EBITDA 4 2.9 2.1 1.2 1.4 0.7 0.6 0.4 FY 19 FY 20 FY 21 6M FY22 FY 19 FY 20 FY 21 6M FY22 Interest Coverage Ratio Current Ratio 7.5 2 5.6 1.7 1.4 1.5 4 3.2 FY 19 FY 20 FY 21 6M FY22 FY 19 FY 20 FY 21 6M FY22
Slide 20: Contents
Contents Who We Are Strategic Focus Growth Margin Expansion Strengthening Financial Metrics LT Foods’ Scorecard Going Forward – Strategic Focus
Slide 21: LT Foods' 3 Year Score Card
LT Foods’ 3 Year Score Card Revenue CAGR 9% EBITDA CAGR 19% PAT CAGR 45% 4,773 598 289 3,915 421 137 FY19 FY21 FY19 FY21 FY19 FY21 Return on Equity Return on Capital Employed Free Cash Flow 478 17.0% 396 15.6% 345 15.3% 15.5% 13.6% 12.5% 11.3% 9.6% FY19 FY 20 FY 21 6M FY22 FY19 FY 20 FY 21 6M FY22 F
Slide 22: Contents
Contents Who We Are Strategic Focus Growth Margin Expansion Strengthening Financial Metrics LT Foods’ Scorecard Going Forward – Strategic Focus
Slide 23: Going Forward - Strategic Focus Remains
Going Forward - Strategic Focus Remains • Grow the 3 business segments • 5 Year Revenue CAGR projected 10-12% • Margin Expansion • Target 5 Year EBITDA Margin Expansion of c. 140-150 bps • Strengthen Financial Metrics • Return On Capital Employed – c. 23% • Return On Equity – c. 20%
Slide 24: Going Forward – Core Value Drivers
Going Forward – Core Value Drivers • Drive Revenue Growth in focused geographies through investments on consumer acquisition and retention and distribution expansion • Further drive growth through expanding product portfolio via NPD focused on emerging consumer trends in food consumption • Build mar
Slide 25: Investor's Contact
World of LT Foods Investor’s Contact Ms. Monika Chawla Jaggia Email: Monika.Jaggia@ltgroup.in Tel: 0124-3055210 CIN: L74899DL1990PLC041790 Website: ltgroup.in Registered Office Address: Unit-134, 1st Floor, Rectangle-1, Saket District Centre, Saket, New Delhi-110017 Corporate Office Address: 4th Flo