Godrej Agrovet Limited · NSE:GODREJAGRO
Godrej Agrovet — Q3 FY2022 Earnings Presentation
24 slides from Godrej Agrovet's earnings presentation, Feb 4, 2022
Slide 1: Exchange filing cover letter: Presentation to Investors & Analysts
Date: February 4, 2022 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Fort Exchange Plaza, Bandra - Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai-400 051 Ref.: BSE Scrip Code No. “540743” Ref.: “GODREJAGRO” Sub: Presentation to Investors & Analysts D
Slide 2: Q3FY22 & 9MFY22 Performance Update
GODREJ AGROVET LIMITED Q3FY22 & 9MFY22 PERFORMANCE UPDATE
Slide 3: Godrej Agrovet Limited (GAVL) – ESG Update
GODREJ AGROVET LIMITED (GAVL) – ESG UPDATE 2 I Godrej Agrovet
Slide 4: Striding Towards a Net Zero Future
STRIDING TOWARDS A NET ZERO FUTURE Sustainability Goals Target till (2025) GAVL Progress Achieve 90% renewable energy 69.6% of energy portfolio from Renewable source portfolio We are water positive company & conserve more than Maintain water positivity target 5 times of water we consume We have sequ
Slide 5: Ambitious Global Commitments & Affiliations
AMBITIOUS GLOBAL COMMITMENTS & AFFILIATIONS ▪ Member of the World Business ▪ Member of the Global ▪ Committed to the global Council for Sustainable Agribusiness Alliance, of Science Based Targets Development which Mr. Nadir B. Godrej is initiative (SBTi) to reduce our ▪ Signatories to the Vision 205
Slide 6: GAVL Scores Ahead of Global Averages in CDP
GAVL SCORES AHEAD OF GLOBAL AVERAGES IN CDP GAVL scores* in comparison with Focus Area Key Areas of Improvement global averages GAVL – B Emissions reduction initiatives, SBTi, risk Climate Food sector Average – B- assessment & business strategy Asia Regional Average – B- Global Average – B- GAVL Pal
Slide 7: Godrej Agrovet Limited (GAVL) Performance Highlights
GODREJ AGROVET LIMITED (GAVL) PERFORMANCE HIGHLIGHTS 6 I Godrej Agrovet
Slide 8: Q3FY22 Standalone Financials – Key Highlights
Q3FY22 STANDALONE FINANCIALS – KEY HIGHLIGHTS Excluding – non-recurring & Particulars As Reported exceptional items (Rs crore, unless stated) Q3FY22 Q3FY21 Growth Q3FY22 Q3FY21 Growth Total Income 1,585.1 1,120.2 41.5% 1,585.1 1,120.2 41.5% Earnings before interest, tax and 138.2 115.0 20.1% 145.5 1
Slide 9: 9MFY22 Standalone Financials – Key Highlights
9MFY22 STANDALONE FINANCIALS – KEY HIGHLIGHTS Excluding – non-recurring & Particulars As Reported exceptional items (Rs crore, unless stated) 9MFY22 9MFY21 Growth 9MFY22 9MFY21 Growth Total Income 4,843.8 3,539.8 36.8% 4,843.8 3,530.2 37.2% Earnings before interest, tax and 465.4 393.3 18.3% 472.6 3
Slide 10: Q3FY22 Consolidated Financials – Key Highlights
Q3FY22 CONSOLIDATED FINANCIALS – KEY HIGHLIGHTS Excluding – non-recurring & Particulars As Reported exceptional items (Rs crore, unless stated) Q3FY22 Q3FY21 Growth Q3FY22 Q3FY21 Growth Total Income 2,088.9 1,539.2 35.7% 2,088.9 1,536.4 36.0% Earnings before interest, tax and 146.6 125.5 16.8% 153.9
Slide 11: 9MFY22 Consolidated Financials – Key Highlights
9MFY22 CONSOLIDATED FINANCIALS – KEY HIGHLIGHTS Excluding – non-recurring & Particulars As Reported exceptional items (Rs crore, unless stated) 9MFY22 9MFY21 Growth 9MFY22 9MFY21 Growth Total Income 6,251.8 4,833.9 29.3% 6,251.8 4,821.5 29.7% Earnings before interest, tax and 522.6 481.2 8.6% 529.9
Slide 12: 9MFY22 Segment-wise Revenue and PBIT
9MFY22 SEGMENT-WISE REVENUE AND PBIT Segment Revenue Mix(1) Profit before interest and taxes (2) Poultry & Others Poultry & processed 0.5% Dairy processed food -4.3% food -1.3% 8.8% Animal Feed, Dairy 34.6% Crop 12.7% Animal Feed Protection 49.0% 30.1% Crop Protection 12.8% Oil Palm Oil Palm Plantat
Slide 13: Segment-wise Performance Update
SEGMENT-WISE PERFORMANCE UPDATE 12 I Godrej Agrovet
Slide 14: Animal Feed
ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars Q3FY22 Q3FY21 Growth 9MFY22 9MFY21 Growth Sales Volume (tons) 3,58,813 2,92,542 22.7% 10,13,259 8,40,198 20.6% Segment Revenue (Cr) 1,109.9 783.3 41.7% 3,245.3 2,293.6 41.5% Segment
Slide 15: Oil Palm Business
OIL PALM BUSINESS Largest domestic producer of Crude Palm oil and Palm Kernel Oil Particulars Q3FY22 Q3FY21 Growth 9MFY22 9MFY21 Growth Segment Revenue (Cr) 385.3 187.8 105.2% 1,075.5 638.3 68.5% Segment Result (Cr) 97.1 30.5 218.0% 207.8 78.4 165.1% Segment Margin (%) 25.2% 16.3% 19.3% 12.3% • Oil
Slide 16: Crop Protection Business
CROP PROTECTION BUSINESS Agrochemical products produced cater to the entire crop lifecycles Particulars Q3FY22 Q3FY21 Growth 9MFY22 9MFY21 Growth Segment Revenue (Cr) 45.3 103.5 (56.2%) 439.8 488.0 (9.9%) Segment Result (Cr) (21.3) 22.8 NM 80.2 132.7 (39.5%) Segment Margin (%) NM 22.0% 18.2% 27.2% •
Slide 17: Astec Lifesciences
ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients and pharmaceutical intermediates Particulars Q3FY22 Q3FY21 Growth 9MFY22 9MFY21 Growth Revenues (Cr.) 173.4 116.0 49.4% 404.6 383.0 5.6% EBITDA (Cr.) 44.8 18.9 137.8% 92.3 79.7 15.7% EBITDA Margin (%) 25.9% 16.3% 22.8% 2
Slide 18: Creamline Dairy
CREAMLINE DAIRY Particulars Q3FY22 Q3FY21 Growth 9MFY22 9MFY21 Growth Revenue (Cr.) 287.7 256.7 12.1% 838.3 752.2 11.5% EBITDA (Cr.) 0.1 13.8 (99.3%) 1.1 35.3 (96.8%) EBITDA Margin (%) 0.05% 5.4% 0.1% 4.7% • Strong volume growth in value-added products (+27.8% year-on-year in Q3 FY22 and 26.6% year-
Slide 19: Godrej Tyson Foods Limited and ACI Godrej Joint Venture
GODREJ TYSON FOODS LIMITED Particulars Q3FY22 Q3FY21 Growth 9MFY22 9MFY21 Growth Revenue (Cr) 203.3 155.2 31.0% 581.7 463.7 25.4% EBITDA (Cr) (3.3) 10.6 NM 6.6 41.1 (84.0%) EBITDA margin % NM 6.8% 1.1% 8.9% • Growth momentum continued in Q3 supported by higher volumes across categories (+27% year-on
Slide 20: Strong commitment to CSR
Strong commitment to CSR Group’s CSR activities were focused on ongoing grameen vikas & pragati programmes and vaccine drives • Medical infrastructure support in 11 locations COVID Relief • 6,600 people vaccinated in 3 factory locations – door-to-door services for the & Recovery elderly Highlights •
Slide 21: GAVL Shareholding Pattern – Major Investors
GAVL SHAREHOLDING PATTERN Major Investors Shareholding pattern as on December 31, 2021 • Temasek Others , • Aberdeen 8.2% DII, 5.4% • Kotak Mutual Fund • LIC of India • DSP FII, 14.7% • Vanguard • Bajaj Holdings Promoters, 71.6% • Quant Mutual Fund 20 I Godrej Agrovet
Slide 22: Contact Us
CONTACT US To know more, visit us at: www.godrejagrovet.com S Varadaraj Aditya Desai Email: s.varadaraj@godrejagrovet.com Email: aditya.desai@godrejagrovet.com gavlinvestors@godrejagrovet.com gavlinvestors@godrejagrovet.com 21 I Godrej Agrovet
Slide 23: Disclaimer
DISCLAIMER Some of the statements in this communication may be forward looking statements within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Company’s operations include change
Slide 24: Thank You for Your Time and Consideration
THANK YOU FOR YOUR TIME AND CONSIDERATION 23 I Godrej Agrovet