White Organic Agro Ltd · BSE:WHITEORG
White Organic Agro — Q1 FY19 Earnings Presentation
28 slides from White Organic Agro's earnings presentation, August 2018
Slide 1: White Organic Agro Ltd. Q1 FY19 Result Update Presentation
White Organic Agro Ltd. Q1 FY19 Result Update Presentation August 2018 “Its Pure”
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by White Organic Agro Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with an
Slide 3: Table of Contents
Table of Contents ➢ Managing Director’s Message ➢ Consolidated Quarterly & Full Yearly Financial Highlights ➢ Company Overview ➢ Business Overview ➢ Way Ahead “Its Pure”
Slide 4: Managing Director's Message
Managing Director’s Message
Slide 5: Managing Director's Message – Q1 FY19
Managing Director’s Message – Q1 FY19 Commenting on the quarterly results, Mr. Darshak Rupani, Managing Director, White Organic Agro Ltd. said : “This first quarter for financial year end 2018-19 the Company registered a revenue growth of over 327% as compared to same period last year, this was on a
Slide 6: Consolidated Quarterly and Full Yearly Financial Highlights
Consolidated Quarterly and Full Yearly Financial Highlights
Slide 7: Consolidated Financial Highlights – Q1 FY19 vs. Q1 FY18
Consolidated Financial Highlights – Q1 FY19 vs. Q1 FY18 327% 406% Net Revenue EBITDA Rs. 74.8 cr. Rs. 4.6 cr. 211% 122% PAT EPS* Rs. 4.7 cr. Q1 FY19 Quarterly EPS at Rs. 2.66 Vs. Rs. 1.20 in Q1 FY18 ▪ Bagged 65 MT order for organic cluster beans from Deep Foods Inc. (distribution network in USA, Can
Slide 8: Consolidated Q1 FY19 Profitability Highlights
Consolidated Q1 FY19 Profitability Highlights Rs. Crore Q1 FY19 Q1 FY18 Y-o-Y% Q2 FY18 Q3 FY18 Q4 FY18 Revenue 74.75 17.49 34.76 48.06 87.61 Excise Duty 0.00 0.00 0.00 0.00 0.00 Net Revenue 74.75 17.49 327% 34.76 48.06 87.61 Raw Materials 69.27 16.37 32.40 43.24 81.07 Employee Cost 0.20 0.05 0.18 0.
Slide 9: Consolidated Financial Highlights – FY18 vs. FY17
Consolidated Financial Highlights – FY18 vs. FY17 769% 856% Net Revenue EBITDA Rs. 188 cr. Rs. 11 cr. 683% 534% PAT EPS* Rs. 11 cr. Rs. 7.29 Vs.(Rs. 1.15 in FY17) *Diluted EPS Financials as per IND AS Guidelines “Its Pure” 9
Slide 10: Consolidated Annual Profitability Highlights
Consolidated Annual Profitability Highlights Rs. Crore FY18* FY17* YoY% Revenue 187.92 21.63 Excise Duty 0.00 0.00 Net Revenue 187.92 21.63 769% Raw Materials 173.08 19.16 Employee Cost 0.61 0.34 Other Cost 3.24 0.98 Total Expenditure 176.93 20.48 EBITDA 10.99 1.15 856% EBIDTA Margin (%) 5.85% 5.31%
Slide 11: Consolidated Balance Sheet Highlights - As on 31st Mar'18
Consolidated Balance Sheet Highlights - As on 31st Mar’18 As on 31st As on 31st As on 31st As on 31st Rs crore Rs crore Mar 2018 Mar 2017 Mar 2018 Mar 2017 Shareholder’s Funds 52.12 30.64 Non-current assets 25.06 26.93 Prop., Plant & Equip. 0.67 0.13 Share Capital 17.50 12.50 CWIP 0.00 0.00 Other Eq
Slide 12: Company Overview
Company Overview
Slide 13: Company Overview
Company Overview First and Only Listed Company 01 First and only listed entity catering to entire organic product range Pure and Unadulterated Products 02 Over 250 Premium Organic products in 12 major categories and 17 sub categories Government Support 03 To encourage Agro based activities Governmen
Slide 14: Professionally Experienced Team
Professionally Experienced Team Mr. Prashantt Rupani, Chairman Mr. Darshak Rupani, Managing Director ▪ A commerce graduate ▪ An IT Graduate from Clarendon College, ▪ Expert in international fund management Sydney ▪ Oversees financial planning and growth of ▪ Over fifteen years of experience in the C
Slide 15: Business Overview
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Slide 16: Organic Farming
Story of Transformation started in September 2016 ▪ Commenced Organic ▪ Sluggish diamond Farming and Retail industry forced Operations Management to look for other avenues ▪ Got publicly listed ▪ Currently 1,360 acres of leased farming land under cultivation 1994 2012-14 Organic 2016-18 2015-16 2010
Slide 17: Key Strengths
Key Strengths Strong know-how of Process - Tie ups 01 ▪ Strong know-how of process tie-ups with organic farmers to create network Strong Sourcing - Presence of own farmer Base ▪ Own processing and packaging unit 04 Key Strengths 02 Strong Presence within Supply-Chain Experienced Quality 03 ▪ Strong
Slide 18: Supply Chain – Present across chain
Supply Chain – Present across chain Production of Raw Quality Control Farm Farming & Harvesting Material by Farmers New Business Repeat Company has Leasing Model along Highly skilled Final Business complete control professionals always with formal Food Strategic over each stage of association with f
Slide 19: Sales Models
Sales Models Sales Models Franc hise E -Co m m erc e ▪ Franchise retail outlets Owned ▪ Web portal, which caters across India Exports ▪ Tie-ups with online ▪ One retail outlet in Central portals like Grofers, and ▪ Setup Subsidiary Company in Mumbai many more Middle East and targeting ▪ Mobile Appli
Slide 20: Sales Process – Retail Strategy
Sales Process – Retail Strategy ▪ Quality ▪ Focus on nutritional products, organic health ▪ Tie-up with online platforms like ▪ Processing methods supplements, pulses, cereals, spices etc. Grofers and many more Product Uniqueness Marketing Exports Home Delivery Chain Distribution ▪ Optimum utilizati
Slide 21: Bought Majority Stake in Future Farms LLP
Bought Majority Stake in Future Farms LLP Cultivation process under strict supervision of Agronomists and Future Farms currently Technologists cultivates organic products in 2,800 acres of land Acquisition will benefit 4 White Organic Agro Ltd. to expand in organic export Currently cultivating 56 ma
Slide 22: Wide Product Portfolio...
Wide Product Portfolio... Cereals & Grains Sweeteners Ghee & Oil Skin Care ▪ Rice ▪ Orange Soap ▪ Sugar ▪ Organic Gir Cow Ghee ▪ Wheat ▪ Gulmohar Soap ▪ Jaggery ▪ Organic Peanut Oil ▪ Sorghum ▪ Rose Soap ▪ Millet ▪ Kesar Soap ▪ Quinoa ▪ Face Pack & Face Wash Mouth Home Juices Powders Fresheners Frag
Slide 23: Wide Product Portfolio...
Wide Product Portfolio... Dietary Spices & Pulses Snacks Supplements Condiments ▪ Coriander-cumin ▪ Green Gram ▪ Masala Bhakhri ▪ Moringa Powder Powder ▪ Green gram Dal ▪ Plain Bhakhri ▪ Amla Powder and ▪ Chilly Powder ▪ Black Gram ▪ Methi Bhakhri Capsules ▪ Bay Leaf ▪ Black Gram Dal ▪ Moringa Bhakh
Slide 24: Way Ahead
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Slide 25: Way Ahead
Way Ahead Agriculture Division Proposed expansion in Organic Farm Land (in acres) 3000 1360 FY18 12-24 Months ▪ Recently identified land in Maharashtra for leased organic farming ▪ In addition to Company leased farms, tie-up with 530 farmers across Gujarat through Internal Control System (ICS), APED
Slide 26: Agriculture & Farming Opportunities
Agriculture & Farming Opportunities 01. Agriculture sector is expected to grow at 4.6% In India Agri Sector is 17.31% of GDP, Rs.23,823 bn industry FY18 agriculture expenditure targeted at Rs 10 lakh crore, 01 03 05 at record high 02. Irrigation Fund Size Log term irrigation Fund size at NABARD doub
Slide 27: Future Growth Strategy
Future Growth Strategy 01 Huge Untapped market Huge demand for healthy / nutritious food 02 product amongst health conscious people 03 04 Promotional Activities Tapping 1,000 dedicated families in each store (Owned & Franchise) 05 Developing segment of Health Conscious people Target Segment Corporat
Slide 28: Thank You
Thank You 513713 WDI:IN WHDI.BO For further information, please contact: Company : Investor Relations Advisors : White Organic Agro Ltd. Bridge Investor Relations Pvt. Ltd. Mr. Darshak Rupani Ms. Savli Mangle Managing Director info@whiteorganicagro.com Savli@bridge-ir.com “Its Pure”