Godrej Agrovet Limited · NSE:GODREJAGRO
Godrej Agrovet — FY2019 Earnings Presentation
18 slides from Godrej Agrovet's earnings presentation, May 6, 2019
Slide 1: Cover letter to BSE and NSE: Presentation to Investors & Analysts
Date: May 6, 2019 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Fort, Exchange Plaza, BandraKurla Complex, Mumbai – 400 001. Bandra (East), Mumbai - 400 051. Ref.: BSE Scrip Code No. “540743” Ref.: “GODREJAGRO” Subject: Presentation to Investors & Analysts
Slide 2: 4Q & FY19 Performance Update
4Q & FY19 PERFORMANCE UPDATE May 06, 2019
Slide 3: GAVL Performance Highlights
GAVL PERFORMANCE HIGHLIGHTS 2 I Godrej Agrovet
Slide 4: 4QFY19 Financials – Key Highlights
4QFY19 FINANCIALS – Key Highlights Particulars Standalone Consolidated (Rs crore, unless stated) 4QFY19 4QFY18 % Growth 4QFY19 4QFY18 % Growth Total Income 951.9 804.8 18.3% 1,354.6 1,205.5 12.4% Earnings before interest, tax and 48.5 48.1 0.8% 85.5 84.9 0.7% Depreciation (EBITDA) EBITDA Margin (%)
Slide 5: FY19 Financials – Key Highlights
FY19 FINANCIALS – Key Highlights Particulars Standalone Consolidated (Rs crore, unless stated) FY19 FY18 % Growth FY19 FY18 % Growth Total Income 4,344.6 3719.4 16.8% 5,923.9 5,237.7 13.1% Earnings before interest, tax 388.1 366.5 5.9% 509.0 474.9 7.2% and Depreciation (EBITDA) EBITDA Margin (%) 8.9
Slide 6: FY19 Segment-wise Revenue and PBIT
FY19 SEGMENT-WISE REVENUE AND PBIT Segment Revenue Mix (1) Profit before interest and taxes (2) Others Dairy 0.3% 3.0% Dairy 19.7% Animal Feed 26.3% Animal Feed Crop 51.7% Protection Crop 16.8% Protection 47.4% Vegetable Vegetable oil Oil 23.2% 11.5% Note: (1) As % of total consolidated segment reve
Slide 7: Key Balance Sheet data – Consolidated financials
Key Balance Sheet data – Consolidated financials Particulars March 31, 2019 March 31, 2018 Net Working capital (Ex cash Rs. Crore 449.1 564.9 and equivalents) Net Working capital days Days 28 40 Total Debt Rs. Crore 395.3 403.2 Net Debt Rs. Crore 365.5 371.4 Total equity Rs. Crore 2,049.9 1,680.6 Ca
Slide 8: Segment-wise Performance Update
SEGMENT-WISE PERFORMANCE UPDATE 7 I Godrej Agrovet
Slide 9: Animal Feed
ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars 4Q FY19 4Q FY18 Growth FY19 FY18 Growth Sales Volume (tons) 3,31,806 3,00,609 10.4% 12,64,510 11,06,929 14.2% Segment Revenue (Cr) 831.8 682.7 21.8% 3,046.5 2,576.0 18.3% Segment Re
Slide 10: Oil Palm Business
OIL PALM BUSINESS Largest domestic producer of Crude Palm oil and Palm Kernel Oil Particulars 4QFY19 4QFY18 Growth FY19 FY18 Growth Segment Revenue (Cr) 63.4 51.7 22.6% 679.3 585.4 16.0% Segment Result (Cr) (0.1) 4.0 (102.5%) 113.4 112.3 1.1% Segment Margin (%) (0.2%) 7.7% 16.7% 19.2% • Fresh Fruit
Slide 11: Crop Protection Business
CROP PROTECTION BUSINESS Agrochemical products produced cater to the entire crop lifecycles Particulars 4QFY19 4QFY18 Growth FY19 FY18 Growth Segment Revenue (Cr) 45.2 58.8 (23.2%) 549.4 510.9 7.5% Segment Result (Cr) 8.9 5.6 59.9% 160.1 142.5 12.4% Segment Margin (%) 19.7% 9.5% 29.1% 27.9% * FY18 n
Slide 12: Astec Lifesciences
ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients and pharmaceutical intermediates Particulars 4QFY19 4QFY18 Growth FY19 FY18 Growth Revenue (Cr) 133.8 128.4 4.2% 430.9 370.8 16.2% EBITDA (Cr) 28.8 33.0 (12.5%) 87.6 76.9 14.0% EBITDA Margin (%) 21.6% 25.7% 20.3% 20.7% *
Slide 13: Creamline Dairy
CREAMLINE DAIRY Particulars 4QFY19 4QFY18 Growth FY19 FY18 Growth Revenue (Cr) 270.7 274.1 (1.3%) 1,161.1 1,157.7 0.3% EBITDA (Cr) 12.7 4.2 202.2% 42.7 35.1 21.5% EBITDA Margin (%) 4.7% 1.5% 3.7% 3.0% • Current quarter results are not impacted by butter provision/losses; however provisioning loss in
Slide 14: Godrej Tyson Foods and ACI Godrej Agrovet Bangladesh JV
GODREJ TYSON FOODS LIMITED Particulars 4QFY19 4QFY18 Growth FY19 FY18 Growth Revenue (Cr) 119.3 105.6 12.9% 486.7 432.0 12.7% • GAVL increase stake in GTFL to 51%; latter became subsidiary from 27th March 2019 • Ludhiana plant set up to increase vegetarian processed food product range is now operati
Slide 15: GAVL Shareholding Pattern
GAVL SHAREHOLDING PATTERN Shareholding pattern as on Major Investors March 31, 2019 Others , 9.42% • Temasek DII, 5.63% • Aberdeen • J P Morgan FII, • Blackrock 16.00% • IIFL Fund • Kotak MF Promoters , 68.95% • ICICI Prudential MF • Aditya Birla Sun Life MF • Tata MF • Sundaram MF 14 I Godrej Agrov
Slide 16: Contact Us
CONTACT US To know more, visit us at: www.godrejagrovet.com S Varadaraj Chhavi Agarwal Email: s.varadaraj@godrejagrovet.com Email: chhavi.agarwal@godrejagrovet.com gavlinvestors@godrejagrovet.com gavlinvestors@godrejagrovet.com 15 I Godrej Agrovet
Slide 17: Disclaimer
DISCLAIMER Some of the statements in this communication may be forward looking statements within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Company’s operations include change
Slide 18: Thank You for Your Time and Consideration
THANK YOU FOR YOUR TIME AND CONSIDERATION 17 I Godrej Agrovet