Bikaji Foods International Ltd. · NSE:BIKAJI
Bikaji Foods International — Q3 FY23 Earnings Presentation
22 slides from Bikaji Foods International's earnings presentation, Jan 27, 2023
Slide 1: Exchange covering letter for investor presentation
BIKAJI FOODS INTERNATIONAL LTD. F-196-199, F-178, E-188, Bichhwal Industrial Area, Bikaner, Rajasthan, India - 334006 T: +91-151-2250350 | F: +91-151-2251814 | E: cs@bikaji.com | W: www.bikaji.com CIN: L15499RJ1995PLC010856 | GST No.: 08AAICS1030P1Z5 Ref. No.: BFIL/SEC/2022-23/39 Date: January 27, 2
Slide 2: Earnings Presentation Q3 FY23
BIKAJI FOODS INTERNATIONAL LIMITED Earnings Presentation Q3 FY23 |January 27th, 2023 | Bikaner
Slide 3: Disclaimer
Disclaimer This presentation may have certain statements that may be “forward looking” including those relating to general business plans and strategy of Bikaji Foods International Ltd., its outlook and growth prospects. The actual results may differ materially from these forward-looking statements
Slide 4: Table of Contents
Table of Contents About Us 1 Business Performance 11 Board of Directors & Senior Management 2 Key Quarterly Highlights/Commentary 13 Snapshot 4 Merger of Hanuman Agro With Bikaji Foods 14 Product Categories 5 Financial Performance 16 New Product Launches 6 Long Term Growth Strategies 17 Manufacturin
Slide 5: About Us
About Us Shiv Ratan Agarwal Launched in 1993 by Mr. Shiv Ratan Agarwal, is one of the pioneers with 3+ decades of experience in the Indian snack industry. Bikaji’s lineage traces back to the founder of ‘Haldiram’, Gangabishan Agarwal, grandfather of Shiv Ratan Agarwal Bikaji is among the largest
Slide 6: Experienced Board…
Experienced Board… Shiv Ratan Agarwal Deepak Agarwal Shweta Agarwal Chairman & Whole-time Managing Director Whole-time Director Director Sachin Kumar Bhartiya Nidhi Ghuman Siraj Azmat Chaudhry Non-executive Director & Non-executive Director & Independent Director Nominee Director Nominee Director Ri
Slide 7: ...Supported By Professional Management
...Supported By Professional Management Manoj Verma Rishabh Jain Rahul Joshi Shambhu Dayal Gupta Chief Operating Officer Chief Financial Officer Company Secretary & President – Finance and Compliance Officer Corporate Affairs 3
Slide 8: Snapshot
Snapshot Market Leadership Distribution Organisation 3rd largest FY22 Revenue ~ INR 16,110 Mn 8 depots, 46 super stockist & ethnic snacks company 2-year revenue 507 direct distributors in in India India# CAGR 22.4% 9MFY23: 24.24% Strong Nationwide Largest manufacturer of Manufacturing: Total install
Slide 9: Product Categories
Product Categories Six principle product categories with 300+ products Bhujia Namkeen Packaged Sweets One of largest manufacturers, in particular, Largest producer of Bikaneri Bhujia^ Wide & diversified product portfolio of Rasgulla, Gulab Jamun & Soan Papdi in India Papad Western Snacks Other Snack
Slide 10: New Product Launches
New Product Launches TIN PACKAGING 6
Slide 11: Strategically Located, Large Scale Manufacturing Facilities Adhering To Stringent Quality Standards
Strategically Located, Large Scale Manufacturing Facilities Adhering To Stringent Quality Standards In the Current fiscal, added 3 new plants in Kanpur, Muzaffar and Bikaner (Hanuman) Located in Easy access Focus market Located in core market - to cow milk, reduced logistic costs & dew bean build sa
Slide 12: Pan-India Network
Pan-India Network Robust Distribution Network (Dec-22) Punjab Distribution in India 25 States & 4 UTs Uttarakhand Haryana Delhi Assam Nagaland Rajasthan Uttar Pradesh Bihar Manipur Exports its products Gujarat Jharkhand West Bengal 25 Countries Madhya Pradesh Chhattisgarh Core Odisha Focused Maharas
Slide 13: Marketing Initiatives
Marketing Initiatives ATL Campaign for Diwali Hoardings BTL Campaign for Diwali TELEVISION RADIO PRINT In 10+ cities across India Select Sweet Shops in Jodhpur, Pali, Ajmer and Kota Shop-in-Shop at Exhibitions Social Media Reliance Retail Reliance Smart, ACME SIAL PARIS WMNC 2022 CHANDIGARH Mall - S
Slide 14: Sponsorships
Sponsorships Associate Sponsor 10
Slide 15: Business Performance: Q3FY23
Business Performance: Q3FY23 (INR Lakhs) Revenue from Operations Ethnic Snacks Packaged Sweets 15.6% 21.4% -17.3% 43,898 57,697 50,768 28,436 37,840 34,512 7,222 11,859 5,975 Q3FY22 Q2FY23 Q3FY23 Q3FY22 Q2FY23 Q3FY23 Q3FY22 Q2FY23 Q3FY23 Western Snacks Papad 23.8% 14.5% 3,314 4,437 4,103 3,163 2,481
Slide 16: Business Performance: 9M FY23
Business Performance: 9M FY23 (INR Lakhs) Revenue from Operations Ethnic Snacks Packaged Sweets 24.2% 22.6% 17.6% 1,21,071 1,50,381 84,995 1,04,192 17,909 21,052 9MFY22 9MFY23 9MFY22 9MFY23 9MFY22 9MFY23 Western Snacks Papad 95.2% 19.0% 6,386 12,469 7,537 8,967 9MFY22 9MFY23 9MFY22 9MFY23 12
Slide 17: Key Quarterly Highlights/Commentary
Key Quarterly Highlights/Commentary Key Financial Performance Particulars Q3 FY23 9M FY23 Growth over Q3 FY22 Growth over 9M FY22 Total revenue from operations 50,768 1,50,381 15.7% 24.2% EBITDA 5,292 15,100 114.3% 56.7% PAT 3,169 8,832 195.6% 71.0% − In Q3 FY 23, Revenue was up by 15.7%, EBITDA was
Slide 18: Merger of Hanuman Agrofood with Bikaji Foods
Merger of Hanuman Agrofood with Bikaji Foods Hanuman Agrofood Private Limited (“Transferor Company” or “HAPL”) is an unlisted private limited company incorporated under the provisions of the Companies Act, 1956 on 16th August 2012. The Registered office of HAPL is situated at F-196-197, Bichhwal I
Slide 19: Benefits of Merger
Benefits of Merger Optimization of allocated Capital and availability of funds. Elimination of legal and regulatory compliances and associated costs thereof. Synergies, pooling of financial, managerial, technical, and human resources Elimination of the need for inter-company transactions.
Slide 20: Consolidated Financial Performance
Consolidated Financial Performance (INR Lakhs) Quarter ended Quarter ended Quarter ended 9M FY23 9M FY22 Particulars 31st December, 2022 30th September, 2022 31st December, 2021 31st December, 2022 31st December, 2021 Revenue from Operations 50,768 57,697 43,898 1,50,381 1,21,071 Other Income 359 57
Slide 21: Long Term Growth Strategies
Long Term Growth Strategies Implement distinctive growth strategies for core markets, Further strengthen the brand focus markets and other markets Establish strategically located Leverage advanced new manufacturing facilities technology to further optimize to pursue growth in focus and operations ot
Slide 22: THANK YOU
THANK YOU Bikaji Foods International Ltd. Rishabh Jain Prateek Sharma Email: rishabh@bikaji.com Email: prateek.sharma@bikaji.com Registered Office: Corporate Office: F 196 -199, F 178 & E 188 Bichhwal IND. Plot No.E-558-561, C-569-572, E-573-577,f-585-592 Area, Bikaner RJ 334006 IN. Karni Extension,
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