Upl Limited · NSE:UPL
Upl — Q2 FY2019 Earnings Presentation
16 slides from Upl's earnings presentation, Oct 26, 2018
Slide 1: Consolidated Unaudited Results Q2 FY 2019
Consolidated Unaudited Results Q2 FY 2019 Investor Presentation: October 26, 2018 1
Slide 2: Financial Results: Q2 FY 2019
Financial Results: Q2 FY 2019 Q2 FY 2019 Q2 FY 2018 Change Particulars INR Crore INR Crore % INR Crore INR Crore % % Gross Revenues 4,257 100% 3,770 100% 13% Domestic Revenues 1,077 25% 997 26% 8% International Revenues 3,180 75% 2,773 74% 15% Cost of Goods Sold 2,406 57% 2,160 57% 11% Gross Margin
Slide 3: Sales Analysis: Q2 FY 2019
Sales Analysis: Q2 FY 2019 Total Growth 14% Constant Currency Growth 12% 4% 8% 2% Exchange Price Volume 3
Slide 4: Revenue by Region: Q2 FY 2019 vs. Q2 FY 2018
Revenue by Region: Q2 FY 2019 vs. Q2 FY 2018 Q2 FY 2019 Q2 FY 2018 Change Region INR Crore % INR Crore % INR Crore % India 1,077 25% 997 26% 80 8% Latin America 1,742 41% 1,385 37% 357 26% Europe 367 9% 363 10% 4 1% Rest of World 669 16% 632 17% 37 6% North America 402 9% 393 10% 9 2% Total 4,257 10
Slide 5: Financial Results: H1 FY 2019
Financial Results: H1 FY 2019 H1 FY 2019 H1 FY 2018 Change Particulars INR Crore INR Crore % INR Crore INR Crore % % Gross Revenues 8,391 100% 7,493 100% 12% Domestic Revenues 2,325 28% 2,115 28% 10% International Revenues 6,066 72% 5,378 72% 13% Cost of Goods Sold 4,752 57% 4,294 57% 11% Gross Marg
Slide 6: Sales Analysis: H1 FY 2019
Sales Analysis: H1 FY 2019 Total Growth 13% Constant Currency Growth 10% 3% 2% 8% Exchange Price Volume 6
Slide 7: Revenue by Region: H1 FY 2019 vs. H1 FY 2018
Revenue by Region: H1 FY 2019 vs. H1 FY 2018 H1 FY 2019 H1 FY 2018 Change Region INR Crore % INR Crore % INR Crore % India 2,325 28% 2,115 28% 210 10% Latin America 2,606 31% 2,121 28% 485 23% Europe 1,015 12% 948 13% 67 7% Rest of World 1,304 16% 1,235 16% 69 6% North America 1,141 14% 1,074 14% 67
Slide 8: India
India INR in crore Change 8% Change 10% 2,325 2,115 1,077 997 Q2 FY 2018 Q2 FY 2019 H1 FY 2018 H1 FY 2019 - Positive trend seen in farmers acceptance of Sweep Power, Avancer Glow and Delma - Erratic rainfall in Maharashtra and Andhra Pradesh effected consumption on cotton - Prospects for Rabi crops
Slide 9: Latin America (Incl. Brazil)
Latin America (Incl. Brazil) INR in crore Change 26% Change 23% 2,606 2,121 1,742 1,385 Q2 FY 2018 Q2 FY 2019 H1 FY 2018 H1 FY 2019 - All key countries in Latam, with the exception of Argentina, registered strong growth in the quarter - In Argentina the focus is to improve quality of business - Stro
Slide 10: Europe
Europe INR in crore Change 1% Change 7% 1,015 948 363 367 Q2 FY 2018 Q2 FY 2019 H1 FY 2018 H1 FY 2019 - Inspite of reduction in beet acreage, volumes were maintained due to low opening inventory - Increased consumption of fungicides in Southern Europe with good rainfall while dry weather in North Eu
Slide 11: Rest of World
Rest of World INR in crore Change 6% Change 6% 1,304 669 1,235 632 Q2 FY 2018 Q2 FY 2019 H1 FY 2018 H1 FY 2019 - CMET, Africa and SEA are the growth drivers in ROW. Extreme drought in Australia - New product registrations (Lifeline, Strim, Glory, Tridium, Zeba) driving growth in Africa - Lifeline re
Slide 12: North America
North America INR in crore Change 2% Change 6% 1,141 1,074 393 402 Q2 FY 2018 Q2 FY 2019 H1 FY 2018 H1 FY 2019 - 4 important registrations received - Argyle, Tridium, Lifeline GT and Intermoc, which will be important launches for next season - Soft launch of Acenthrin planned in Q3 - Advanta seed ha
Slide 13: Working Capital Analysis
Working Capital Analysis Days 138 135 128 122 116 118 108 103 Inventories Receivables Payables Net Working Capital Q2 FY 2018 Q2 FY 2019 13
Slide 14: Financial Results for April - September 2018
Financial Results for April - September 2018 Rupees in Crores Quarter ended Quarter ended Quarter ended Half year ended Half year ended Year ended 30.09.2018 30.06.2018 30.09.2017 30.09.2018 30.09.2017 31.03.2018 Particulars (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Rev
Slide 15: Arysta Integration Ahead of Schedule
Arysta Integration Ahead of Schedule ▪ Approvals received - USA, Brazil, Colombia, Ukraine, South Africa and FIRB, Australia ▪ Expected closing – Late 2018 / early 2019 ▪ Value Creation ▪ Integration Management Office (IMO), with 45+ team members across UPL and Arysta, in place to manage risks and d
Slide 16: Thank You
Thank You