Coastal Corporation Limited · NSE:COASTCORP
Coastal — Investor Presentation (August 2023)
38 slides from Coastal's investor presentation, Aug 16, 2023
Slide 1: Regulation 30 submission cover letter
GOVT. OF INDIA RECOGNISED THREE STAR EXPORT HOUSE Coastal Regd. Off : 15-1-37/3, Nowroji Road, Maharanipeta, Visakhapatnam - 530 002' INDIA : 0891 -25671 1 8, website :www.coastalcorp'co'in, Corporatio n :i'"i¡ : cclinvestors@gmail.com, info@coastalcorp.co.in, info-sez@coastalcorp.co.in Unlt 1 : Sur
Slide 2: Coastal Corporation Limited Investor Presentation August 2023
Coastal Corporation Limited Investor Presentation August - 2023
Slide 3: Safe Harbour
Safe Harbour This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of t
Slide 4: Table of Contents
Table of Contents 01 Q1 FY24 Highlights 02 Company Overview 03 Business Overview 04 Industry Overview 05 Financial Highlights 06 Way Forward 3
Slide 5: Recent Developments
Recent Developments Entered New Markets Japan & Korea: Coastal has entered an agreement with Mitsubishi Corporation’s Toyo Reizo Co. Ltd., Japan and SPC GFS Co Ltd, Korea for exports of shrimps product to Japanies & Korean Markets About Mitsubishi Corporation’s Toyo Reizo Co Ltd., Japan Toyo Reizo
Slide 6: Q1 FY24 Highlights
wy Q1 FY24 Highlights
Slide 7: Q1 FY24 Operational Highlights
Q1 FY24 Operational Highlights Revenue EBIDTA PAT Rs 100.6 Cr Rs 9.8 Cr Rs 3.3 Cr The turnover was moderate during the quarter. Consolidated Revenue was Rs 100.6 cr against Rs 73 cr in Q4FY23 The Company has achieved consolidated EBITDA of Rs 9.8 cr ( EBITDA Margin 9.75 % ) and PAT of Rs 3.3 cr ( PA
Slide 8: Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights Rs. Cr. Q1 FY24 Q4 FY23 Q1 FY23 Total Income from Operations 100.58 73.03 116.44 Raw Material Expenses 62.96 54.67 73.29 Employee Cost 3.94 5.22 4.20 Other Expenses 23.87 18.57 29.96 Total Expenditure 90.77 78.47 107.46 EBITDA 9.81 -5.44 8.98 EBITDA Margin
Slide 9: Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights Revenue (Rs. Cr.) EBITDA (Rs. Cr.) / Margin (%) PAT (Rs. Cr.) / Margin (%) 8
Slide 10: Company Overview
f Company Overview
Slide 11: About Us
About Us Our Vision Among top ten player in Shrimp processing and distribution industry worldwide We have a mission to deliver superior quality, highly nutritional seafood at the most competitive prices to global consumers. We are a customer Engaged in processing and exporting of extensive range of
Slide 12: Milestones
Milestones Incorporated Continental Export Excellence Fisheries India Pvt Ltd. as Award in Top Multi wholly owned subsidiary of Established Ultra Product Exporter Costal Corporation Ltd. Export Excellence Incorporated Modern Shrimp in Andhra Pradesh Incorporated as a National Award for
Slide 13: Board of Directors
Board of Directors Holds a Bachelors Degree of Technology (in Chemical Engineering) with an experience of four Mr. Valsaraj Thottoli decades Founder, Vice Presently, Vice Chairman and Managing Director of the Company Chairman & Devoting his entire time, efforts and energy to develop this Compa
Slide 14: Board of Directors
Board of Directors Distinguished career spanning 40 years in Life Insurance Corporation of India in accounts, Mr. M.V. marketing, administration, banking and finance Suryanarayana Fellow member of the Institute of Chartered Accountants of India Independent Served as CEO of LIC Mutual Fund and
Slide 15: Business Overview
Business Overview
Slide 16: Product Portfolio
Product Portfolio Headless Shell On (HL) Peeled Deveined Tail On (PDTO) Peeled Deveined Tail Off (PD) Pulled Vein Tail On (PVTO) Peeled Un-Deveined (PUD) Butterfly Shrimp Skewers Cooked Head On Cooked HL Shrimp Cooked HL Easy-Peel Shrimp Cooked PDTO Shrimp Cooked PD Shrimp 15
Slide 17: Process Flow
Process Flow Initial quality check by De-heading / de-shelling / technologist de-skinning / de-veining & Microbial & Chemical testing Pre-Processing Gut cleaning Washed with disinfectants, Graded & Chilled Raw Material weighed and iced Thoroughly checked piece by piece Graded, washed &
Slide 18: Manufacturing Facilities
Manufacturing Facilities Unit I: Unit II: Plate Freezer – 17.5 MTPD Plate Freezer – 14 MTPD Individually Quick Frozen – 10 MTPD Individually Quick Frozen – 25 MTPD Blast Frozen – 10 MTPD Cooker – 10 MTPD Cooker – 10 MTPD Processing units are located in the prime aquaculture zone near
Slide 19: Manufacturing Facilities
Manufacturing Facilities Unit III: Plate Freezer – 14 MTPD Individually Quick Frozen – 32 MTPD Cooker – 12 MTPD Breading Line Nobashi Facility. New plant will augment Company’s value- added supply 18
Slide 20: Captive Solar Power plant- 3.6MW
Captive Solar Power plant- 3.6MW 19
Slide 21: Global Reach
Global Reach Russia Europe U.S.A. UAE Korea Japan Saudi Arabia Hongkong Australia WE SHIP WORLDWIDE 20
Slide 22: Clientele
Clientele COASTAL CORPORATION LIMITED gti ¥% A r } 42 6EMS INC. j— SET i— GREAT AMERICAN SEAFOOD IMPORTS Co. The Choice group “ILS a J.F. Clarké™SiCorporation A = P 8 2 Direct Source HT searoon, Inc. Seafood 21
Slide 23: Certificates & Achievements
Certificates & Achievements 22
Slide 24: Industry Overview
Industry Overview
Slide 25: Global Sea Food Industry
Global Sea Food Industry Surging consumption of Sea Food in Developed and Developing Economies: Economic prosperity driving consumption pattern across geographies Consumer shift towards sea food as source of protein and increased demand for exotic varieties Expanding population, rising health
Slide 26: World Outlook Aquaculture Production
World Outlook Aquaculture Production Aquaculture Production Increased contribution of Aquaculture India - Share in global sea food to Increase Global capture and Aquaculture Production In Million Tonnes 7.5% 7.1% 2016 2030 Source: FAO 25
Slide 27: India – Conducive Aquaculture Policy
India – Conducive Aquaculture Policy Policy Initiative by Government to fillip Aquaculture: Ministry of Food Processing, Govt. Of India, is encouraging the entrepreneurs for establishing processing factories under “Scheme for Integrated Cold Chain and Value Addition Infrastructure by extending Rs.
Slide 28: Financial Highlights
5 R Financial Highlights
Slide 29: Consolidated Annual Financial Highlights
Consolidated Annual Financial Highlights Revenue (Rs. Cr.) EBITDA (Rs. Cr.) / Margin (%) PAT (Rs. Cr.) / Margin (%) 28
Slide 30: Consolidated Annual Financial Highlights
Consolidated Annual Financial Highlights Rs. Cr FY20 FY21 FY22 FY23 Revenue from Operation 604.28 473.48 491.10 352.72 Cost of Material Consumed 437.92 351.04 345.34 222.70 Changes in Inventory 9.96 -8.06 -10.32 -1.87 Employee Expenses 14.67 14.16 17.24 17.35 Other Expenses 101.73 90.84 122.41 94.70
Slide 31: Consolidated Balance Sheet Highlights
Consolidated Balance Sheet Highlights Rs. Cr. FY20 FY21 FY22 FY23 Shareholders Funds 143.19 175.77 204.57 244.71 Share Capital 10.17 10.68 11.58 12.96 R&S 133.02 165.09 192.99 231.75 Non Current Liabilities 3.01 19.72 30.02 35.99 Long Term Borrowing 0.21 15.44 25.09 28.18 Trade Payables 0.00 0.00 0.
Slide 32: Consolidated Balance Sheet Highlights (Continued)
Consolidated Balance Sheet Highlights ...Continued Rs. Cr. FY20 FY21 FY22 FY23 Non Current Assets 73.29 117.00 189.57 233.77 Plant, Property & Equipment 35.45 44.18 44.41 157.51 Capital Work In Progress 2.30 32.32 91.53 16.18 Right of use asset 3.13 6.28 11.04 11.46 Investment property 10.95 11.77 1
Slide 33: Way Ahead
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Slide 34: Ongoing Expansions
Ongoing Expansions Ethanol Plant - 198KLPD: • Company has set up 100% subsidiary Coastal Biotech Pvt Ltd for Ethanol manufacturing at Village Maringi in Parlakhemundi Tahsil in Gajapati, Odisha spread across 30 acres • Estimated capex of around Rs 156 crore (promoters contribution is Rs 31 crore & t
Slide 35: Ethanol Sectoral Environment
Ethanol Sectoral Environment India’s ethanol blending target of 20% is likely to create opportunity of Rs 840 bn bio-ethanol market annually by 2025 Structural changes post 2018 Rollout plan over 2026 The National Policy on Bio-fuels - 2018 (NPB -2018) released in The Indian government has creat
Slide 36: Current & Future Capacities
Current & Future Capacities IQF Cooker MTPD MTPD Existing Capacities Unit 1 (Vishakhapatnam) 10 10 Unit 2 (Vishakhapatnam) 25 10 Unit 3 (Kakinada SEZ) 32 12 Upcoming Capacity Unit 4 (Odisha) 12 10 Total 79 42 35
Slide 37: Growth Drivers
Growth Drivers New Capacities - Volume Growth Value Added Segment – Better Margins Biofuel - Ethanol Project 36
Slide 38: Thank You
Thank You For more information, Please contact Coastal Corporation Limited 15-1-37/3, Jayaprada Apartments, Nowroji Road, Maharanipeta, Vishakhapatnam – 530002. Girish G Gangawat Andhra Pradesh, India. Mobile: +91-98920-16641 Ph: +91 - 891 - 2567118 Email: investors@cleaonir.com Email: info@coastalc