Chaman Lal Setia Exports Limited · NSE:CLSEL
Chaman Lal Setia Exports — Q4 FY2024 Earnings Presentation
22 slides from Chaman Lal Setia Exports's earnings presentation, May 28, 2024
Slide 1: Exchange filing cover letter
Dated: 28.05.2024 To The Manager, The Manager, Bombay Stock Exchange Limited National Stock Exchange of India Limited Floor 25, P.J. Towers “Exchange Plaza” Plot No. C/1, G. Block Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai-400001 Mumbai - 400051 Symbol: - CLSEL Series: EQ Dear Sir, Sub: Di
Slide 2: Investor Presentation Q4 and FY2024
Investor Presentation QUEEN OF ALL RICES Q4 and FY2024
Slide 3: Disclaimer
Disclaimer Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substan
Slide 4: Q4FY24 Highlights: Modest performance, as global trade routes remains impacted
Q4FY24 Highlights: Modest performance, as global trade routes remains impacted Revenue (Rs. Cr) Export Revenue (Rs. Cr) ❑ Revenue witnessed a modest growth year-on-year, led by +7% +8% increased penetration in APAC, Middle East, and Africa 400 384 367 357 ❑ Quarterly momentum was 339 314 slightly im
Slide 5: Resilient performance over the years barring temporary disruptions
Resilient performance over the years barring temporary disruptions Revenue (Rs. Cr) EBITDA (Rs. Cr & Margin %) PAT (Rs. Cr & Margin %) CAGR 14% CAGR 20% CAGR 22% 11.5% 11.9% 8.5% 8.5% 10.2% 200 14% 150 9% 13% 7.0% 12% 180 11% 8% 130 10% 160 9% 8% 7% 110 7% 140 1,387 6% 1,356 6% 5% 120 90 4% 3% 5% 11
Slide 6: Business Highlights
Business Highlights ❑ Export revenues – modest growth of 8% YoY in Q4 and flat for the full-year ❑ Export volumes (ex-China) for the year grew by ~4%, despite cyclone impact in Q1, minimum export price restrictions in Q2/Q3, and global trade route disruptions in Q4 ❑ Average export realization was u
Slide 7: India's Basmati rice exports opportunity
India’s Basmati rice exports opportunity Indian Basmati Rice Exports Top Importing Countries of Indian Basmati Rice 10, 000 55, 000 9,0 00 48,389 Saudi Arabia 38,524 45, 000 21% Iraq 8,0 00 32,804 31,026 7,0 00 29,850 28% 26,415 Iran 35, 000 6,0 00 Yemen Republic 5,0 00 25, 000 4,0 00 3,0 00 15, 000
Slide 8: CLSEL – amongst the top Indian basmati rice exporters
CLSEL – amongst the top Indian basmati rice exporters With over 4 decades of experience in Rice Exports, CLSEL is poised to benefit from the export opportunity 440+ distributors Exports Exporting since 1982 Flagship brand Exports insured Recognized as with average contributes – established ‘Maharani
Slide 9: About the Company
About the Company
Slide 10: CLSEL at a Glance
CLSEL at a Glance Largest Flagship Brand Private Label Exporter Since 1974 300+ Exports to 90+ Private Label (~50 Years ) Brands Countries 3 star 42% Export House Shareholders return CAGR in last 10 years 80,000 MT 660 MT/ 440+ 13% Warehouse Distributors (Last 10 Years Capacity Day Processing across
Slide 11: Journey So Far
Journey So Far CLSEL In-house Brand Second Public Listing Diabetic Friendly New Packaging Globetrotters Third Factory Founded Launch Factory Company became Rice Unit Exported to 89 Established in The company Maharani Basmati Established in public and was listed Certified for “Rice Set up new countri
Slide 12: Integrated farm-to-fork operations
Integrated farm-to-fork operations Procurement Processing Quality check Packaging & Distribution Warehousing Established network across State-of the-art processing Stringent quality control Exports to 90+ countries all mandis in basmati facilities in Haryana & systems to ensure superior Packaging ca
Slide 13: Robust processing & warehousing infrastructure
Robust processing & warehousing infrastructure Our infrastructure 100% of products manufactured locally Silos Capacity 18,750 MT Karnal Gandhidham Sales – 93% Sales – 7% Manufacturing, processing and 12 Sortex Processing and packaging packaging 660 MT/day Our Facilities Conform to World-Class Standa
Slide 14: Wide portfolio of branded basmati rice
Wide portfolio of branded basmati rice 13
Slide 15: Marketing Campaigns across the globe
Marketing Campaigns across the globe Gulfood Dubai 2023 Indusfood 2023 Agro Pack Iraq Erbil 2022 WorldFood Istanbul-2022 14
Slide 16: Efficient balance sheet structure
Efficient balance sheet structure Net Worth (Rs. Cr) ROE & ROCE (%) ROE ROCE 29% 24% 22% 26% 714 18% 19% 608 23% 21% 410 350 273 17% 17% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Debt to Equity Ratio (times) Current Ratio (times) 0.29 4.27 0.27 4.19 0.25 0.25 0.20 3.80 3.72 3.64 FY20 FY21 FY
Slide 17: Prudent inventory management, leading to superior cash conversion cycle
Prudent inventory management, leading to superior cash conversion cycle Asset Light model with lower inventory risk Working Capital (Rs. Crore) 499 500 414 600 Paddy to FG Semi-finished to FG 329 490 480 470 460 500 233 450 440 193 430 420 400 410 102 400 96 81 390 380 300 370 360 350 200 340 330 32
Slide 18: Long track record of shareholder value creation
Long track record of shareholder value creation Shareholding Pattern as of March 31, 2024 Shareholder Information as on March 31, 2024 #397 of 500 24.36% Fortune India The Next 500 companies of 2023 1.78% 73.86% 530307 CLSEL 2214 BSE Ticker NSE Symbol 42% Total shareholder return CAGR Promoters FII
Slide 19: Investment Summary
Investment Summary Long-track record of Huge Basmati rice export opportunity shareholder value creation 6 1 Asset light business model, Amongst the top exporters of with prudent inventory 5 2 basmati rice from India, management exporting to 90+ countries 4 3 Robust financial performance, Strong proc
Slide 20: Financial Summary – Profit and Loss Statement
Financial Summary – Profit and Loss Statement Quarter Ended Year Ended Profit and Loss Statement (Rs. Crore) Q4 Q4 Change Q3 Change Change FY24 FY23 FY24 FY23 YoY % FY24 QoQ % YoY % Revenue from operations 383.5 357.2 7% 400.1 -4% 1,355.6 1,387.3 -2% Cost of Goods Sold 296.6 292.7 1% 313.3 -5% 1,051
Slide 21: Financial Summary – Balance Sheet
Financial Summary – Balance Sheet Equity and Liabilities Mar-24 Mar-23 Assets Mar-24 Mar-23 Equity Share capital 10.3 10.3 Non-current assets Other Equity 703.6 598.1 a) Property, plant and equipment 142.8 132.8 Total Equity 714.0 608.5 b) Capital work in progress 5.3 8.8 Non-current liabilities c)
Slide 22: Thank You
Thank You Registered Office : Investor Relations: Meerankot Road, P. O. Central Jail, Ms. Kanika Nevtia Ajnala Road, Company Secretary Amritsar – 143002 India Mobile: +91 9998680150 CIN No.: L51909PB1994PLC015083 Email: ir.chamanlalsetia@clsel.in
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