Slide 1: Investor Update Q2 FY17
FUTURE CONSUMER Investor Update
Slide 2: Disclaimer
Disclaimer This report contains forward-looking statements, which may be identified by their use of words like ‘plans’, ‘expects’, ‘will’, ‘anticipates’, ‘believes’, ‘intends’, ‘projects’, ‘estimates’, or other words of similar meaning. All statements that address expectations or projections about t
Slide 3: Table of content
Table of content 1 Business Overview 04-07 2 Key Developments & Product Launches 08-14 KOSH - Oats for Every Meal 09 KOSH Advertisement Campaign 10 Extending the Portfolio across Food & Beverages 11 Update on Food Park & Manufacturing Facilities 12 Distribution Network Spanning across Channels 13 Ma
Slide 4: Business Overview
y FUTURE CONSUMER » Senet BUSINESS OVERVIEW I> 4
Slide 5: Integrated Food & FMCG Company: Key Food & FMCG Brands
Integrated Food & FMCG Company Key Food & FMCG Brands Two Strong Pillars Supporting the Furtherance of Business Purpose Distribution Network Sourcing & Manufacturing Overall distribution footprint of ~22,000 stores Strong presence in sourcing of agri commodities and fresh Access to a vast netw
Slide 6: H1 FY17 and Q2 FY17 - At a Glance
H1 FY17 and Q2 FY17- At a Glance Surpassed INR 10,000 mn Reported EBITDA of Brands like Kara (3.5x), Net debt reduction(2) of revenue mark for H1 FY17 INR 88mn in H1 FY17 vs. Tasty Treat (40%), Clean INR 2,121mn in H1FY17. with top line growth of loss of INR 128mn in Mate (31%) exhibited strong Long
Slide 7: Portfolio: Key Brands and Categories
Portfolio: Key Brands and Categories Food and Beverages (94%) Staples, Dairy and Bakery, Fruits and Vegetables, Snacks, Juices, Frozen Foods, Ready to Cook among others Home & Personal Care (6%) Wipes, Body Wash, Body Lotion, Toilet and Floor Cleaners, Kitchen Aides Note: Kosh launched in Q3 FY17 1)
Slide 8: Key Business Developments
y FUTURE CONSUMER » Senet KEY BUSINESS DEVELOPMENTS I> 8
Slide 9: KOSH - Oats for Every Meal
KOSH - Oats for Every Meal Plan for a larger scale launch of KOSH via General Trade 100% Oats Atta Initiated the General Trade launch in over 200 stores in Mumbai Region In process to set up Wheat + Oats Atta distributor network to Idea is to place Oats in the accelerate the launch staples b
Slide 10: Kosh Advertisement Campaign
Kosh Advertisement Campaign Ab khaana yummy yummy, pet healthy healthy Roti ke pet mein kya hai? Investor Update Q2 FY17 10
Slide 11: Extending the Portfolio across Food & Beverages
Extending the Portfolio across Food & Beverages Veg Affaire Desi Atta added Increasing the Make the fluffiest Nilgiris launched 5 launched recipe Modak Atta to its presence in the soft rotis with Atta variants of rich & ready mixes – portfolio during high growth made out of creamy flavoured Carrot P
Slide 12: Update on Food Park & Manufacturing Facilities
Update on Food Park & Manufacturing Facilities Sr No. Facility/ Particulars Capacity Status / Comments Completed trials 1.2 MT of 1 Rice Mill The Genoa Rice Mill Pvt Ltd to be inaugurated on 15th paddy November 2016 Completed trials 2 Wafer Mill Unit ready for commercial production 3 Solar Power Pro
Slide 13: Distribution Network Spanning across Channels
Distribution Network Spanning across Channels Overall footprint of over 22,000 stores till date − Includes access to a strong network of 780+ hypermarkets & convenience stores of Future Group − 124 Heritage stores to add to the distribution network of FCL − Extended Modern Trade to Booker Wholesal
Slide 14: Management Team Footprint Well in Place Now
Management Team Footprint Well in Place Now Devndra Chawla – Food & FMCG Brands Murali Krishan – Dairy & Bakery o Worked as VP & Head of Merchandising & Format o Joined Future Group, post the acquisition of Nilgiris at Reliance Fresh by FCEL in November 2014 o Served at Coca Cola as GM and Director
Slide 15: Financial Overview
a FINANCIAL OVERVIEW y FUTURE CONSUMER » Senet I> 15
Slide 16: Performance Overview - Q2 FY17
Performance Overview - Q2 FY17 Top Line Growth EBITDA Improvement on the Back of High Growth 49%* 5,637 52 3,777 (44) Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17 Interest Expense Declined by INR 42 mn PAT loss narrowed by INR 125 mn 148 29% Decline Cut down by 44% (162) 106 (287) Q2 FY16 Q2 FY17 Q2 FY16 Q2 FY17
Slide 17: Performance Overview - H1 FY17
Performance Overview - H1 FY17 Top Line Growth EBITDA Improvement on the Back of High Growth 88 53%* 10,308 6,754 (128) H1 FY16 H1 FY17 H1 FY16 H1 FY17 Interest Expense Declined by INR 75 mn PAT loss narrowed by INR 208 mn 315 24% Decline 240 Cut down by 36% (369) (577) H1 FY16 H1 FY17 H1 FY16 H1 FY
Slide 18: Business Highlights (1/2)
Business Highlights (1/2) Witnessed strong growth across brands driving the overall top line − Premium Harvest and Golden Harvest reported a growth of 65% and 54% respectively − Karmiq grew by over 6x and Nature’s Choice grew by 75% on YoY basis owing to seasonal demand 65% − Tasty Treat continues
Slide 19: Business Highlights (2/2)
Business Highlights (2/2) Kara continued on a high growth trajectory with a strong YoY growth of 3.5x Clean Mate reported a growth of 31% on YoY basis 31% Aadhaar reported a robust growth of 77% on YoY basis Growth was driven by expansion of distribution to all 33 districts in Rajasthan cove
Slide 20: Consolidated Income Statement – Q2 FY17 & H1 FY17
Consolidated Income Statement – Q2 FY17 & H1 FY17 FY 2015-16 FY 2016-17 Particulars (INR Mn) Q2 H1 FY16 Q2 H1 FY17 Reported a like to like growth of 49% in Q2 4,326 7,774 Total Income from Operations 5,637 10,308 FY17 excludes convenience stores franchised effective from Feb’16 Growth 30% 33% Li
Slide 21: Consolidated Balance Sheet (Unaudited)
Consolidated Balance Sheet (Unaudited) (INR mn) Particulars 30-Sep-16 Shareholder's Fund 9,687 Minority Interest -2 Gross Debt 3,777 Less: Cash and Cash Equivalents 287 Net Debt 3,490 Net Adjusted Capital Employed 13,175 Balance Sheet is as per IND-AS Debt reduction of INR 2,121 mn Fixed Assets
Slide 22: Appendix
y FUTURE CONSUMER » Senet APPENDIX 22
Slide 23: FCL - IND AS Implementation
FCL - IND AS Implementation As per SEBI guidelines, IND-AS is applicable to FCL from 1st April 2016 FCL is adopting IND-AS in a phased manner, and accordingly Financial results for Q2 FY17 and H1 FY17 and corresponding period for last year is as per IND-AS requirements Balance Sheet is as per IND- A
Slide 24: Key Impact Areas as per IND-AS
Key Impact Areas as per IND-AS Consolidation of Joint Ventures under Equity Method (Single line item of Profit / Loss) Measurement of financial instruments at fair value Bifurcation of compound instruments into equity & liability components Business combinations to be accounted at fair value of asse
Slide 25: Thank You
Thank You Registered and Corporate Office: Future Consumer Limited Knowledge House, Shyam Nagar, Off Jogeshwari - Vikhroli Link Road, Jogeshwari (East), Mumbai 400 060 : +91 22 30841300 : www.futureconsumer.in Incase if any queries please contact: investor.care@futureconsumer.in