Dodla Dairy Ltd. · NSE:DODLA
Dodla Dairy — Investor Presentation (July 2021)
28 slides from Dodla Dairy's investor presentation, Jul 14, 2021
Slide 1: Exchange filing cover letter: Investor Presentation
DODLA DATRY LIMITED Corporate Office : # 8-2-293/82/A, Plot No. 270-Q, Road No. 10C, Jubilee Hills, Hyderabad - 500033. DODLA DATRY Ph : 040-4546 7777 Fax : 040-4546 7788 Date: 14 July 2021 The General Manager The Manager Department of Corporate Services Listing Department BSE Limited National Stock
Slide 2: Investor Presentation July 2021
Investor Presentation JULY 2021 Strictly Private and Confidential 1
Slide 3: Table of Content
1 Company Overview 2 Management Team Table of Content 3 Strategic Advantages 4 Financial Performance 2
Slide 4: Company Overview
1 Company Overview 2 Management Team 3 Strategic Advantages 4 Financial Performance 3
Slide 5: Dodla Dairy Overview
Dodla Dairy Overview Business Overview Dodla Dairy in Numbers (FY’21) Founded in 1995, Dodla Dairy is an integrated dairy company based in Milk Processing Capacity: 17 LLPD* South India Curd Packing Capacity: 500 MTPD Processes and sells fluid milk and also produces dairy-based value-added
Slide 6: Our Journey So Far
Our Journey So Far 1995 2014 2014 2019 2019 New Established large Incorporated Orgafeed Business Incorporation Acquired Lakeside Acquired 2 processing scale dairy farm & acquired a cattle Initiatives of Dodla Dairy Dairy, Uganda plants from KC Dairy under GVC feed and mixing plant 2012 2017 2021 Inv
Slide 7: Presence across the value chain
Presence across the value chain • Procurement of raw milk from • Transportation to 94 chilling ~1,09,670 farmers across 7,003 • Transportation by village vehicles centers/plants villages through 6,771 VLCCs through ~740 primary vehicles • 92.75% of raw milk direct procured from farmer • Refrigerated
Slide 8: Footprint across Dairy Products
Footprint across Dairy Products Leading Dairy Brand with Strong ConsumerRecognition Pasteurized pouch milk Sterilized flavoured milk UHT milk Full cream, standardized, toned, double toned Vanilla, elaichi, pista, badam, chocolate,strawberry, pineapple Butter milk Ghee Curd Butter Cow ghee, buffalo g
Slide 9: Orgafeed Private Limited: Build on a strong foundation
Orgafeed Private Limited: Build on a strong foundation Orgafeed Private Limited. (Wholly Owned Subsidiary Company catering the cattle feed industry) Orgafeed Private Limited is primarily engaged in farming, breeding, agriculture, horticulture and allied activities such as poultry, dairy and livestoc
Slide 10: Management Team
1 Company Overview 2 Management Team 3 Strategic Advantages 4 Financial Performance 9
Slide 11: Management Team
Management Team Mr. Dodla Sunil Reddy Mr. Venkat Krishna Reddy Busireddy Managing Director Chief Executive Officer 25+ years of Dairy Exp 35+ years of Dairy Exp, 23+yrs with Dodla Mr. Anjaneyulu Ganji Ms. Ruchita Malpani Chief Financial Officer Company Secretary & Compliance Officer EX: Tata Cummins
Slide 12: Board of Directors
Board of Directors Mr. Dodla Sesha Reddy Mr. Madhusudhana Reddy Ambavaram Mr. Akshay Tanna Mr. Raja Rathinam Chairman & Non-Executive Director Whole-time Director Non-Executive Nominee Director Independent Director 22+ years of Dairy Exp EX: Imperial Granites Limited EX: Deutsche Bank and Merrill Ly
Slide 13: Strategic Advantages
1 Company Overview 2 Management Team 3 Strategic Advantages 4 Financial Performance 12
Slide 14: Key Strengths
Key Strengths 3rd largest player in South India in term of milk procurement Extensive Global per day Product presence Portfolio (Uganda, (Milk-based Kenya) Value-Added products) Key Strengths Strong Distribution Higher B2C network Sales with across 11 14 Milk Strong states in India Processing Brandi
Slide 15: Expanding Value-Added Products Footprint
Expanding Value-Added Products Footprint Factors driving Value- Value-Added Products Sales* Added Products 5,794 • CAGR of 6.1% from FY16-21 Demand 4,864 4,670 4,502 4,579 • FY21 soft due to COVID-19 The rise of the middle-class population, 3,624 pandemic induced lockdowns urbanization have prompt
Slide 16: Stringent Quality Control Procedures
Stringent Quality Control Procedures Well Defined Quality and Food Safety Procedures at Various Stages from Procurement to Distribution Cold Storage Chain from the Procurement Stage up tothe Consumer Procurement Stage Processing Stage VLCCs equipped with GPRS enabled electronic At chilling cente
Slide 17: Initiatives For Farmers
Focused Engagement and Long Term Relationship with Dairy Farmers Continuous Engagement with Farmers Dairy Industry Knowledge Welfare Programs Transparency in Regular Direct Tie up with Facilitate Bank Loans Supply Cattle Feed Procurement Payment Veterinarians Initiatives For Farmers VLCCs equipped
Slide 18: Financial Performance
1 Company Overview 2 Management Team 3 Strategic Advantages 4 Financial Performance 17
Slide 19: Management Commentary
Management Commentary “I would like to place on record my heartfelt thanks to all the investors who reposed faith in Dodla by subscribing in the IPO. I am pleased with our performance in the last fiscal with Operating revenue of Rs. 19,440 mn which was impacted due to reduced demand caused by the Co
Slide 20: Q4FY21 & FY21 Highlights: Operational Highlights
Q4FY21 & FY21 Highlights OPERATIONAL HIGHLIGHTS Average milk procurement during Q4FY21 was at 10.85 LLPD compared to 11.20 LLPD in Q4FY20. Average milk sales during Q4FY21 were at 9.22 LLPD compared to 9.67 LLPD in Q4FY20. Curd sales during Q4FY21 was at 249.83 MTPD compared to 253.51 MTPD in Q4F
Slide 21: Appendix: Financial Statements: Select Profit & Loss Items
Appendix: Financial Statements (Restated Consolidated) Select Profit & Loss Items PARTICULARS Q4 FY'21 Q4 FY’20 FY'21 FY’20 Q4FY21 Results – Consolidated: Revenue from operations was at INR 5,305 mn as compared to INR Revenue from Operations 5,305 5,274 19,440 21,394 5,274 mn in Q4FY20. EBITDA was
Slide 22: Appendix: Financial Statements: Select Balance Sheet Items
Appendix: Financial Statements (Restated Consolidated) Select Balance Sheet Items PARTICULARS FY’20 FY’21 Total Debt at INR 869 Mn as on March 31, 2021. Debt-to-Equity ratio during ASSETS FY21 stood at 0.13. Non-current assets 5,697 5,703 Cash and cash equivalents & Current assets Investments st
Slide 23: Robust Financial Growth and Operational Efficiencies
Robust Financial Growth and Operational Efficiencies Revenue EBITDA & EBITDA Margin (%) Revenue CAGR (FY18-FY21): 7.7% 12.5% 7.5% 8.4% 6.6% 15970 16995 21456 19504 1193 1419 1409 2425 21,394 15,905 16,917 FY18 FY19 FY20 FY219,163 FY18 FY19 FY20 FY21 EBITDA EBITDA Margin Revenue *PAT & PAT Margin (%)
Slide 24: Consolidated Financial: Key Highlights (Full Year)
Consolidated Financial : Key Highlights (Full Year) Operating Revenue Gross Profit & Gross Margin (%) EBITDA & EBITDA Margin (%) 12.5% 30.5% 23.3% 6.6% 21394 19440 4988 5931 1409 2425 FY20 FY21 FY20 FY21 FY20 FY21 Gross Porfit Gross Margin EBITDA EBITDA Margin Revenue *PAT & PAT Margin (%) Net Debt
Slide 25: Consolidated Financial: Key Highlights (Quarterly)
Consolidated Financial : Key Highlights (Quarterly) Operating Revenue Gross Profit & Gross Margin (%) 25.4% 20.6% 5,274 5,305 1088 1345 Q4FY20 Q4FY21 Q4FY20 Q4FY21 Revenue Gross Porfit Gross Margin EBITDA & EBITDA Margin (%) *PAT & PAT Margin (%) 6.8% 1.8% 2.7% 141 360 -0.4% 96 Q4FY20 Q4FY21 -19 EBI
Slide 26: Safe harbor
Safe harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Dodla Dairy Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, a
Slide 27: For details, feel free to contact
For details, feel free to contact: Nikhil Morye | Krishn Bhaiya Ganji Anjaneyulu Christensen Advisory Chief Financial Officer nmorye@christensenir.com | investorqueries@dodladairy.com Kbhaiya@christensenir.com Tel: 040-4546 7777 Tel: +91-9969567373 | +91-9940517368 Corporate Office: 8-2-293/82/A, 27
Slide 28: Glossary
Glossary LLPD: Lakhs Liter per day MTPD: Metric Tonnes Per day UHT milk: Ultrahigh Temperature Processed Milk VLCC: Village Level Collection Center. SKUs: Stock Keeping Units SMP: Skimmed Milk Powder DRP: Dodhla Retail Parlours 27