Avanti Feeds Limited · NSE:AVANTIFEED
Avanti Feeds — Q2 FY22 Earnings Presentation
23 slides from Avanti Feeds's earnings presentation, Nov 15, 2021
Slide 1: Intimation letter to BSE and NSE on investor call
Aiding Sustainability & Reliability to Aquaculture Ref: AFL/BSE & NSE/Q2/Call/2021-22/ 15.11.2021 The Deputy General Manager The Listing Manager BSE Limited National Stock Exchange India Ltd. 151 Floor, New Trading Ring Exchange Plaza Rotunda Building, P.J. Towers Sandra (East) Dalal Street, Mumbai
Slide 2: Q2FY22 Earnings Audio Conference Call Details
Avanti Feeds Limited Q2FY22 Earnings Audio Conference Call on Thursday, 18th November, 2021 at 4:00 PM IST Avanti Feeds Limited (AFL) will host an Audio Conference Call for investors and analysts to discuss its results and developments in Q2FY22. The call will be addressed by the senior management D
Slide 3: Q2FY22 Result Presentation November 2021
AVANTI FEEDS LIMITED Q2FY22 Result Presentation November2021
Slide 4: Disclaimer
DISCLAIMER This presentation has been prepared by Avanti Feeds Limited based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairn
Slide 5: Index
INDEX Result Highlights 5 Operational Highlights 9 The Path Forward 12 Financial Statements 15 Annexure 19 3
Slide 6: Result Highlights
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Slide 7: Quarterly Results Snapshot
QUARTERLY RESULTS SNAPSHOT Consolidated P&L (Rs mn) Q2FY22 Q2FY21 Y-o-Y Q1FY22 Q-o-Q H1FY22 H1FY21 Y-o-Y Segment Revenues • Q2FY22 revenues increased to Rs 12,260mn Shrimp Feed 9,604.8 8,958.5 7.2 9,281.0 3.5 21,992.8 16,719.6 31.5 Shrimp Processing 2,655.1 2,357.7 12.6 1,700.1 56.2 4,355.2 4,150.6
Slide 8: Consol Quarterly Results Highlights
CONSOL QUARTERLY RESULTS HIGHLIGHTS REVENUES (INR mn) EBITDA (INR mn) EBITDA (%) PAT (INR mn) PAT (%) 8.3% -60.3% -964 bps -73.5% -835 bps 12,260.0 11,316.2 1,721.1 15.2 11.0 1,250.2 682.6 5.6 2.7 330.7 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 6
Slide 9: Consol Half-Year Highlights
CONSOL HALF-YEAR HIGHLIGHTS REVENUES (INR mn) EBITDA (INR mn) EBITDA (%) PAT (INR mn) PAT (%) 26.2% -43.9% - 875 bps - 54.6% - 739 bps 26,348.0 15.7 20,870.2 3,285.7 2,410.1 11.5 1,843.3 7.0 1,095.2 4.2 H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 H1FY21 7
Slide 10: Management Commentary
MANAGEMENT COMMENTARY SHRIMP PROCESSING AND EXPORT SHRIMP FEED • In Q2FY22 shrimp processing revenue rose 12.6% YoY mainly with a rise in sales volumes by 362MT. • Revenue grew to Rs.9,605 mn an increase of 7.2% due to increase in sale price while sales volume declined • EBITDA increased 1.8%YoY to
Slide 11: Operational Metrics
OPERATIONAL METRICS
Slide 12: Operational Metrics - Quarterly
OPERATIONAL METRICS- QUARTERLY Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Production (MT) Shrimp Feed 1,25,202 1,03,889 1,18,400 1,14,161 1,28,256.0 96,736.0 1,33,081.0 1,70,303.0 127,798.2 Shrimp Processing 3,651 3,979 2,836 3,304 2,436.0 3,637.0 2,847.0 3,549.0 3,529.0 Sales (M
Slide 13: Operational Highlights Annually
OPERATIONAL HIGHLIGHTS ANNUALLY FY17 FY18 FY19 FY20 FY21 H2FY22 Production (MT) Shrimp Feed 348,851 4,28,452 4,19,472 4,87,402 4,72,234 298,101 Shrimp Processing 5,289 9,105 11,384 13,745 12,224 7,078 Sales (MT) Shrimp Feed 341,660 4,30,314 4,21,691 4,84,669 4,73,449 301,275 Shrimp Processing 5,155
Slide 14: The Path Forward
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Slide 15: Industry Highlights
INDUSTRY HIGHLIGHTS SHRIMP CULTURE SCENARIO IN INDIA • Shrimp Feed Consumption in India during FY 20-21 reduced to around 10 lakh MT as compared to 11.50 lakhs Mts in 2019-20. However due to gradual increase in global demand and stable farm gate prices, shrimp culture is expected to come back to the
Slide 16: Company Highlights FY21
COMPANY HIGHLIGHTS FY21 SHRIMP FEED • Shrimp Feed sales during the Q2FY22 is 1.27 lakhs MT as compared to 1.31 lakhs MT during Q2FY21. First half year FY22 sales are 3.01Lakhs MT as compared to 2.44 Lakhs MT in HYFY21 increased by 23%, due to increase in farming area and conversion of farmers from o
Slide 17: Financial Statements
FINANCIAL STATEMENTS
Slide 18: Profit & Loss Statement - Quarterly
PROFIT & LOSS STATEMENT - QUARTERLY Consolidated Profit & Loss (INR mn) Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Income from Operations 10,643.0 9,226.9 10,348.1 9,554.0 11,316.2 9,154.3 10,981.1 14,088.1 12,260.0 Other Income 209.8 196.0 116.2 273.6 187.4 282.2 182.6 212.6 255
Slide 19: Profit & Loss Statement - Annually
PROFIT & LOSS STATEMENT - ANNUALLY Consolidated Profit & Loss (INR mn) FY17 FY18 FY19 FY20 FY21 H2FY22 Income from Operations 26,157.4 33,929.0 34,877.8 41,152.9 41,005.6 26,348.0 Other Income 235.4 482.5 538.3 702.3 925.8 468.4 Total Income 26,392.8 34,411.5 35,416.1 41,855.3 41,931.4 26,816.4 Oper
Slide 20: Balance Sheet & Key Ratios
BALANCE SHEET & KEY RATIOS Consolidated Balance Sheet (INR mn) FY17 FY18 FY19 FY20 FY21 H2FY22 Share capital 90.8 90.8 136.2 136.2 136.2 136.2 Reserves and Surplus 7,247.4 11,407.7 13,436.8 15,947.7 19,759.4 19,967.04 Non-current liabilities 421.6 326.4 375.7 217.5 193.2 185.2 Current liabilities 2,
Slide 21: Annexures
Annexures
Slide 22: Stock Information
STOCK INFORMATION Market cap (INR) Shares outstanding BSE code: NSE code: 77.93 bn – 136.25mn 512573 AVANTIFEED (as on 11th Nov 2021) (as on 30th Sept 2021) Shareholding Pattern as on 30th Sept 2021 Relative stock price performance vs BSE Sensex Avanti Feeds SENSEX 15.6% 250.0 192 8.0% 200.0 43.7% 1
Slide 23: Thank You
Thank You • Ms. Lakshmi Sharma • +91-40-23310260 • investors@avantifeeds.com • G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad- 500082 Telangana, India.