Dhanuka Agritech Limited · NSE:DHANUKA
Dhanuka Agritech — Q1 FY2021 Earnings Presentation
16 slides from Dhanuka Agritech's earnings presentation, Jul 22, 2020
Slide 1: Cover letter to stock exchanges
=4 Dhanuka Agritech Limited AN ISO 9001 : 2015 COMPANY Online Date: 22°d July, 2020 Listing Department The Department of Corporate Services- National Stock Exchange of India Limited Listing Exchange Plaza, The Bombay Stock Exchange Ltd. Plot No. C/1, G. Block, Phiroze Jeejeebhoy Towers, Bandra- Kurl
Slide 2: Q1 FY2021 Earnings Presentation
Dhanuka Agritech Limited (DAL) (BSE: 507717; NSE: DHANUKA) Q1 FY2021 Earnings Presentation July 22, 2020
Slide 3: Table of Content
Table of Content Content Page No. Performance Highlights 3–7 Company Overview 8 – 11 Financial Overview 12 – 13 2
Slide 4: Q1 FY2021 Result Highlights
Q1 FY2021 Result Highlights Q1 FY2021 vs Q1 FY2020 Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 34.3% 34.3% 17.5% 20.0% 71% 34.3% 227% 18.0% 16.0% 34.2% 14.0% 9.1% 12.0% 34.2% 34.1% 10.0% 3,738 653 34.1% 8.0% 2,190 6.0% 34.1% 4.0% 34.0% 200 2.0% 34.0% 0.0% Q1 FY 20 Q1 FY 21 Q1 F
Slide 5: Managing Director's Message
Managing Director’s Message “The first quarter has shown an excellent upward trend in market demand as compared to the corresponding quarter of the previous year. The company’s growth in sales and profits may be attributed to robust cash sales, timely and even distribution of rainfall. The company’s
Slide 6: Q1 FY2021 Income Statement
Q1 FY2021 Income Statement Particulars (Rs. million) Q1 FY2021 Q1 FY2020 YoY% Revenue from Operations 3,738 2,190 70.7% COGS 2,457 1,443 70.2% Gross Profit 1,281 746 71.7% Gross Profit Margin (as a % of sales) 34.3% 34.1% Employee Benefit Expenses 314 236 33.2% Other expenses 315 311 1.2% EBITDA 652
Slide 7: Q1 FY2021 Revenue Mix (By Geography and Segment)
Q1 FY2021 Revenue Mix (By Geography and Segment) Rs. 2,190 mn Rs. 3,738 mn Rs. 2,190 mn Rs. 3,738 mn 8% 12% 46% 42% 50% 46% 10% 10% 13% 17% 12% 11% 31% 31% 31% 31% Q1 FY 20 Q1 FY 21 Q1 FY 20 Q1 FY 21 North South East West Insectisides Fungicides Herbicides Others • Well diversified portfolio across
Slide 8: Innovation Turnover Index
Innovation Turnover Index New Molecules as a % of Total Revenue 20% 20% 17% 17% 13% 12% 11% 7% FY14 FY15 FY16 FY17 FY18 FY19 FY20 Q1 FY21 7
Slide 9: Why Dhanuka Agritech?
Why Dhanuka Agritech? � � 00 o�o 00 Unique Asset Light Model Rural FMCG Play Diverse Product Portfolio Minimal investments required in fixed assets. 40 warehouses, 7,000+ distributors and 300+ registrations across Herbicides, Aim is to leverage strong formulation 80,000+ retailers to service the nee
Slide 10: Product Segments
Product Segments Herbicides Fungicides Insecticides Plant Growth Regulators Total number of Products 25 16 38 9 % of Revenues (Q1 FY2021) 46% 11% 31% 12% Barrier Craze, D-Era, Cursor, Dhanteam, Dhanuka Aaatank, Adfyre, Apple, Dhanutop, Fuzi Super, Maxx- M-45, Dhanustin, Areva, Bombard, Caldan, soy,
Slide 11: Top Brands contribute 39% of Q1 FY2021 Total Revenue
Top 10 Brands contribute 39% of Q1 FY2021 Total Revenue s � Herbicides Insecticides Plant Growth Regulator • 10
Slide 12: New Products Launched This Quarter
New Products Launched This Quarter s: � ABOOCH Herbicide • Two new products launched online during lockdown • Dabooch (Soybean & Groundnut Herbicide) • Dozo Maxx (Herbicide for Cotton, Broad and Narrow Leaf crops) 11
Slide 13: Annual P&L Trend: Focus on Profitable Growth
Annual P&L Trend: Focus on Profitable Growth Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 50.2% 16.9% 17.0% 17.0% 16.8% 42.4% 15.5% 39.0% 38.7% 14.5% 37.3% 36.5% 11,201 1,699 1,661 1,735 10,008 9,762 10,058 1,317 1,398 1,460 7,851 8,288 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 15
Slide 14: FY2020 Balance Sheet and Return Ratios
FY2020 Balance Sheet and Return Ratios Figures in Rs mn Mar-19 Sep-19 Mar-20 CFO/EBITDA (%) Short Term Debt 222 70 80 Long Term Debt 0 0 0 100% 93% 83% 83% Total Debt 222 70 80 Cash & Cash Equivalent 13 22 263 37% Net debt/ (Net Cash) 208 48 (183) 6,422 9% Equity 7,133 7,077 Total Debt/Equity 0.03x
Slide 15: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Dhanuka Agritech Limited (“Dhanuka Agritech” or the Company) future busin
Slide 16: Dhanuka Agritech Limited
Dhanuka Agritech Limited (CIN: L24219DL1985PLC020126) 14th Floor, Building 5A DLF Cyber Terrace, Cyber City DLF Phase III Gurgaon- 122002 (Haryana)