Lt Foods Limited · NSE:LTFOODS
Lt Foods — Q2 FY22 Earnings Presentation
33 slides from Lt Foods's earnings presentation, Oct 29, 2021
Slide 1: LT Foods - Nurturing Goodness
LT FOODS NURTURING GOODNESS
Slide 2: Safe harbour statement
Safe harbour statement This presentation and the accompanying slides (the ‘Presentation’), which have been prepared by LT Foods Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 3: FY19 FY21 FY19
4,773 289 32 3,915 137 5 FY19 FY21 FY19 FY21 FY19 FY21
Slide 4: Contents
Contents Key Highlights ROYAL aoe ANCHO oe -- orc} CHILILIME LT Foods Investor p 6M FY22 & Q2 FY22 LT FOODS NURTURING GOODNESS
Slide 5: 6M FY22 Key Highlights (YoY)
6M FY22 Key Highlights (YoY) Total Revenue tT 3% Basmati & Other Y Gross Profit Margin 136 bps Specialty Segment 5% i gl t Pp Organic Segment 28% EBITDA Margin y 101 bps Health & Convenience ° . 3 Segment 36% Finance Cost y 34% Consumer Business 9% Tax Expenses y 4% 5|ur Foods Investor presentation,
Slide 6: 6M FY22 Key Highlights (YoY)
6M FY22 Key Highlights (YoY) Book Value Per Share t 15% Cash Profit | t 1% Debt to Equity Ratio y 0.4x (from 0.7x) terest Coverage | t 7.5x (from 5.4x) Debt to EBITDA Ratio | BE 1.4x om 123 Current Ratio | Fe 2 trom t.80 Debt Level | y Rs. 301 crore Free Cash Flow | on 8 rors 6|ur Foods Investor pre
Slide 7: Q2 FY22 Key Highlights (YoY)
Q2 FY22 Key Highlights (YoY) Total Revenue t 7% Profit After Tax Gross Profit Margins t 130 bps Finance Cost EBITDA Margins YJ 109 bps Earning Per Share Profit Before Tax t 2% Cash Profit 7M Foods Investor presentation, 6M FY22 & Q2 FY22 & LT FOODS NURTURING GOODNESS
Slide 8: Right-to-Win Strategy
Right-to—Win Strategy LT Foods Ir stor presentation, 6M FY22 & Q2 FY22 LT FOODS NURTURING GOODNESS
Slide 9: Right-to-Win
Right-to-Win Strong Global Brands to Provide Superior Consumer Experience *- Flagship Brands “Daawat” and “Royal” enjoy leadership positions in India and US with market share of 27% and 50% respectively *- Other brands such as Heritage, Devaaya, Gold Seal Indus Valley, 817 Elephant, Rozana also enjo
Slide 10: Financial & Business Segment Update
Financial & Business Segment Update LT Foods Investor presentation, 6M FY22 & Q2 FY22 LT FOODS NURTURING GOODNESS
Slide 11: 6M FY22 - Financial Update
6M FY22 - Financial Update Revenue EBITDA & EBITDA Margin * Revenue up 3% y-o-y basis aided by strong growth in India business backed by recovery in HORECA business 13.0% 12.0% and the Organic segment _ * Gross Profit Margin improved by 136 basis points y-o-y 2,475 ae due to: * Change in product mix
Slide 12: Q2 FY22 - Financial Update
Q2 FY22 - Financial Update * Revenue up 7% y-o-y basis aided by strong growth in STE SSAC ESTP ETT India business backed by recovery in HORECA business 12.9% 121% — 14,9% and the Organic segment ____, * Gross Profit increased by 11%, Gross Profit Margin AST improved by 130 basis points * Change in p
Slide 13: Business Segments
Business Segments Basmati & Other Specialty Rice Segment Organic Segment Health & Convenience Segment a : Y Contributes c.2% to the overall oe oO Y Contributes c.83% to the overall revenue v Present in Consumer as well as Strategic Private Label business , revenue Y Present in 60+ countries with Fla
Slide 14: Segment-wise Update - Basmati & Other Specialty Rice
Segment-wise Update - Basmati & Other Specialty Rice Revenue GRBZ% ces 3,884 - r FY19 FY 20 FY 21 6M Gross Profit & Margin 35.6% 93.5% ° 681 688 6M FY21 6M FY22 14|L1 Foods investor presentation, 6M FY22 & Q2 FY22 6M Revenue 2,034 1,929 554 1,480 6M FY21 6M FY22 mlnternational India 6M EBIDTA & Marg
Slide 15: Segment-wise Update - Organic Segment
Segment-wise Update — Organic Segment Revenue FY19 FY 20 FY 21 6M Gross Profit & Margin ——__ 28.7% 126 / _ 6M FY21 6M FY22 All Figures in Rs. crore unless specified 1 Slur Foods Investor presentation, 6M FY22 & Q2 FY22 6M Revenue & Growth CAGR 28% 424 330 6M FY21 6M FY22 6M EBIDTA & Margin 12.6% 7.6
Slide 16: Segment-wise Update - Health & Convenience Segment
Segment-wise Update — Health & Convenience Segment Revenue 6M Revenue & Growth cage 52 38 6M FY21 6M FY22 6M Gross Profit & Margin 6M EBIDTA & Margin 9 SS _as.0% : [or | 13 2 Oe -6.5% 6 6M FY21 6M FY22 —___*1 % All Figures in Rs. crore unless specified EBITDA Margins are negative as this segment is
Slide 17: Inventory and Working Capital
Inventory and Working Capital Working Capital Days Inventory Value (Rs. Cr) m6M FY21 m6M FY22 mPaddy mRice 186 193 200 486 il 27 42 41 36 oe | Inventory Days Payable Days Recievable Days Working Capital Days 6M FY21 6M FY22 Inventory Days 242 251 Basmati Rice is aged up to 24 months to 214 208 gel 2
Slide 18: Key Financial Ratios and Other Growth Parameters
Key Financial Ratios and Other Growth Parameters Debt/Equity Interest Coverage Ratio Current Ratio =@Total Debt —e=Long Term Debt 2.3 Oe oO nA 20.1 FY17 FY18 FY19 FY20 FY21 6MFY22 Fy17 FY18 =FY19 FY20 FY21 6MFY22 FY17 FY18 FY19 FY20 FY21 6MFY22 Debt EBITDA Ratio Net worth (Rs. Cr) Book value per sha
Slide 19: Global Footprint & Diversified Portfolio
Global Footprint & Diversified Portfolio Our diversified market presence as well as our balanced portfolio, serving a wider consumer audience, positions us to capitalize on emerging opportunities in the consumer food business. 1.5% FY21 Revenue by FY21 Revenue by business segment geography BUSA Blnd
Slide 20: Capital Allocation Plan
Capital Allocation Plan LT Foods Investor pre ation, 6M FY22 & Q2 FY22 LT FOODS NURTURING GOODNESS
Slide 21: Capital Allocation Plan
Capital Allocation Plan We aim to balance the objectives of ploughing back earnings to support sustained growth, debt reduction and appropriate reward to shareholders through dividends Utilizing the free cash flow generated for the growth in its Basmati and Organic business along with the new growth
Slide 22: Marketing Initiatives
ing Initiatives LT Foods Investor pre ation, 6M FY22 & Q2 FY22 LT FOODS NURTURING GOODNESS
Slide 23: Biryani Digital Campaign Collaboration with Food Brand Recognition
Biryani Digital Campaign Collaboration with Food Brand Recognition Stylist for content creation Received Silver Button Current from YouTube for Subscribers achieving 1L + subscribers 1.69L = aioe 1,18,15,000 Views ina month 9L views on Brand TVC Daawat ke 1,50,000+ ogseGat Biryani Recipes in Regiona
Slide 24: Daawat Sehat - TV Campaign Launch
Daawat Sehat - TV Campaign Launch Daawat Sehat became fastest NPD from Daawat to become Rs 10 crore brand. Sehat - TVC Launch of New Campaign for Brand Daawat across different platforms to communicate what makes Daawat The Finest basmati The FINEST This is how, Daawat becomes The Finest. National Te
Slide 25: Campaign across different Ecomm platforms
Campaign across different Ecomm platforms fresh x {Fle We 5 Search namszon Fresh ry Osean siperRrrayape bats Freeh» | Sevier 299 memo 598 « a tresh fresh Cook exotic dishes With DaawatSuper Basmati up To 60% aati, Leng ra, Fatty Up to 35% off | Chocolates > S dao cn re Deawat Brown Basmati Rice, thy
Slide 26: Digital Campaigns to create Brand Awareness
4% Ag LT Fo THE FINEST BASMATI = WISHES YOU ALL = D MUBARAK M FY22 & Q2 FY22 erunaionropban nix imc an << yyana oy aren 999 pO EN OO Wu, Aion mat Leain More Digital Campaigns to create Brand Awareness SAAWaTy DAAWAT PRT oe LT FOODS NURTURING GOODNESS
Slide 27: Kari Kari Display, Ecolife Display, Daawat Display
Kari Kari Display Ecolife Display Daawat Display | Stroy | Rady Meat LT Foods Investec N FY22 & Q2 FY22 LT FOODS NURTURING GOODNESS
Slide 28: Strengthening Brand Equity of our brand Royal in America
Strengthening Brand Equity of our brand Royal in America Digital campaign offering ‘quick, flavorful meal inspiration’ during Back-to-School exceeded industry benchmarks Over 54K consumers clicking through to Royal website and converting into buyers 28) T Foods Investor pre ation, 6M FY22 & Q2 FY22
Slide 29: tation, 6M FY22 & Q2 FY22
tation, 6M FY22 & Q2 FY22 OYAL ANCHO CHILI LIME ‘BASMATI RICE BIRYANI LT FOODS NURTURING GOODNESS
Slide 30: Strategic Focus
Strategic Focus (Fp) ost aggat =s Growth Strenath : H ren en * Solidify the leadership position in key Margin Expansion . - g . markets and grow current market Financial Metrics share with target 5 Year Revenue + Change in Product Mix . CAGR of 10-12% . Strengthen Balance Sheet Metrics . icienci ‘1
Slide 31: Shareholding Pattern
Shareholding Pattern LT Foods Investor pre ation, 6M FY22 & Q2 FY22 LT FOODS NURTURING GOODNESS
Slide 32: Shareholding Pattern
Shareholding Pattern As on Sept 30, 2021 Shareholder Information Others, BSE Ticker 532783 0, 38.42% NSE Symbol DAAWAT Market Cap (INR Cr) 2,306 % Free- float 43.19% Promoter, Free Float Market Cap (INR Ci 992 56.81% Tee Float Market Cap (INFICr) Shares Outstanding (Cr) 32 Industry Consumer Food FIl
Slide 33: World of LT Foods
World of LT Foods Investor ROYAL ROYAL~——ROYaL Contact Ms. Monika Chawla Jaggia Email: Monika.Jaggia@ltgroup.in Tel: 0124-3055210 CIN: L74899DL1990PLC041790 Website: Itgroup.in Registered Office Address: Unit-134, 1st Floor, Rectangle-1, Saket District Centre, Saket, New Delhi-110017 Corporate Offic