Dhanuka Agritech Limited · NSE:DHANUKA
Dhanuka Agritech — Q3 FY2023-24 Earnings Presentation
17 slides from Dhanuka Agritech's earnings presentation, Feb 2, 2024
Slide 1: Cover letter to stock exchanges
Date: 2nd February, 2024 Listing Department The Department of Corporate Services- National Stock Exchange of India Limited Listing Exchange Plaza, BSE Ltd. Plot No. C/1, G. Block, Phiroze Jeejeebhoy Towers, Bandra- Kurla Complex, Dalal Street, Bandra East, Mumbai-400 051 Mumbai- 400 001 Symbol: DHAN
Slide 2: Dhanuka Agritech Limited Q3 FY2023-24 Earnings Presentation
Dhanuka Agritech Limited (DAL) (BSE: 507717; NSE: DHANUKA) Q3 FY2023-2024 Earnings Presentation February 02, 2024
Slide 3: Table of Content
Table of Content Content Page No. Performance Highlights 3–8 Company Overview 9 – 13 Financial Overview 14 2
Slide 4: Q3 FY2023-24 Result Highlights
Q3 FY2023-24 Result Highlights Q3 FY2023-24 vs Q3 FY2022-23 Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 403 393 62 52 38.59% 32.92% 15.42% 13.17% Q3 FY 24 Q3 FY 23 Q3 FY 24 Q3 FY 23 Performance Discussion PAT and PAT Margin • Revenue from Operations: Revenues from Operations st
Slide 5: Vice Chairman & Managing Director's Message
Vice Chairman & Managing Director’s Message Dhanuka Agritech is working with the vision of Transforming India through Agriculture. Our belief is that when we transform the lives of farmers by enhancing their productivity and quality and in turn enhancing their income, we are making a small contribut
Slide 6: Q3 FY2023-24 Income Statement
Q3 FY2023-24 Income Statement Particulars (Rs.in Crores) Q3 FY 24 Q3 FY 23 YoY% FY 23 FY 22 YoY% Revenue from Operations 403.24 393.37 2.5% 1700.22 1477.78 15.1% COGS 247.64 263.88 (6.2%) 1115.45 939.08 18.8% Gross Profit 155.60 129.49 20.2% 584.77 538.70 8.6% Gross Profit Margin(as a % of sales 38.
Slide 7: Q3 FY2023-24 Revenue Mix (By Geography and Segment)
Q3 FY2023-24 Revenue Mix (By Geography and Segment) Rs. 403.24 Crore Rs. 393.37 Crore Rs.403.24 Crore Rs.393.37 Crore 12% 12% 27% 29% 35% 39% 12% 11% 21% 39% 38% 20% 32% 29% 22% 22% Q3 FY 24 Q3 FY 23 Q3 FY 24 Q3 FY 23 Insectisides Fungicides Herbicides Others North South East West • Well diversified
Slide 8: Innovation Turnover Index
Innovation Turnover Index New Molecules as a % of Total Revenue 17.72% 15.32% 14.26% 13.09% 11.39% 10% 9M FY19 9M FY20 9M FY21 9M FY22 9M FY 23 9M FY 24 7
Slide 9: Product Segments
Product Segments Herbicides Fungicides Insecticides Others % of Revenues(Q3 FY2023-24) 35% 21% 32% 12% Aaatank 25% EC, Ad-fyre 75% WG, Apply Barrier 70% WP, Chempa 70% WDG, 50% WG, Areva 25% WG, Areva Super Cornex 53% WG, Craze, Craze-X 37% EW, Dabooch 84% WDG, D-era 71% 30% FS, Caldan 4G, Caldan 50
Slide 10: Key Updates
KEY UPDATES • Dhanuka Agritech Limited signed a Non Binding Letter of Intent with Spain-based cutting-edge biotech Kimitec to explore various business opportunities, including setting up a joint venture in India for the development and commercialization of biological products using natural molecules
Slide 11: Key Updates
KEY UPDATES • Dhanuka Agritech Limited has invested Rs. 10 crores in a agritech startup Kisankonnect Safe Food Private Limited. Kisankonnect delivers farm produce directly to customers through its application and farm stores. It works with farmers to grow food sustainably while using its in house te
Slide 12: Awards & Recognitions
Awards & Recognitions Dhanuka won ‘Silver Award’ at the ET DigiPlus Awards Dhanuka won 1st position in sustainable 2023 for ‘India ka Pranam har Kisan Ke naam’ campaign – Agriculture Awards at FICCI – 30th Nov’23 24th Nov’23 11
Slide 13: Awards & Recognitions
Awards & Recognitions Group Chairman Shri R.G. Agarwal was honored with Honorary Doctorate in Phil. By Amity University on 14th Dec. 23, recognizing his 55 years of contribution for the betterment of farming community. 12
Slide 14: Why Dhanuka Agritech?
Why Dhanuka Agritech? Unique Asset Light Model Rural FMCG Play Diverse Product Portfolio Minimal investments required in fixed assets. 41 warehouses, 6,500+ distributors and 300+ registrations across Herbicides, Aim is to leverage strong formulation 80,000+ retailers to service the needs of Insectic
Slide 15: Annual P&L Trend: Focus on Profitable Growth
Annual P&L Trend: Focus on Profitable Growth Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 41.6% 38.7% 38.0% 36.5% 36.0% 19.4% 34% 19.0% 17.0% 17.8% 15.5% 14.5% 1700 323 1,387 1,478 297 269 1,006 1,120 976 173 166 146 FY 18 FY 19 FY 20 FY 21 FY22 FY23 FY 18 FY 19 FY 20 FY 21 FY22
Slide 16: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Dhanuka Agritech Limited (“Dhanuka Agritech” or the Company) future busin
Slide 17: Dhanuka Agritech Limited
Dhanuka Agritech Limited (CIN: L24219DL1985PLC020126) Global Gateway Towers Near Guru Dronacharya Metro Station, MG Road, Gurgaon -122002, Haryana. Contact No: +91-124-4345000 Email: Investors@dhanuka.com
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