Heritage Foods Limited · NSE:HERITGFOOD
Heritage Foods — Q3 FY2020 Earnings Presentation
21 slides from Heritage Foods's earnings presentation, Jan 31, 2020
Slide 1: Cover letter to stock exchanges on quarterly updates
Ref:SECT: STOC: 8 - 20 31ST January, 2020 To To The Secretary The Manager, BSE Limited Listing Department, Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited Dalal Street, Exchange Plaza, C-1, Mumbai - 400 001 G Block, Bandra-Kurla Complex, Bandra (East). Mumbai- 400 051 Scrip Code:
Slide 2: Corporate Presentation December 2019 (Q3FY20)
Corporate Presentation December– 2019 (Q3FY20)
Slide 3: Disclaimer Clause
Disclaimer Clause The Release contains forward looking statements identified by words like "plans", "expects", "will", "anticipates", "believes", "intends", "projects", "estimates", and so on. All statements that address expectations or projections about future, but not limited to Company's strategy
Slide 4: Index
Index Vision & Mission 1 Company Overview 2 Financial Highlights – Q3FY20 3 Financials – Q3FY20, Q3FY19 4 Growth in VAP 5 Procurement & Sales Volumes 6 Heritage Nutrivet Limited 7 Financials – Yearly 8 Balance Sheet 9 Winning Farmers’ Trust 10 Achieving Operational Excellence 11 Innovations 12 UHT P
Slide 5: Vision & Mission
1. Vision & Mission Vision Delighting every home with fresh and healthy products and empowering the farmer Mission To be a nationally recognized brand for healthy and fresh products with a revenue of INR 6000 Crore by 2024 We anticipate, understand and respond to our customer’s needs by creating hig
Slide 6: Company Overview
2. Company Overview Core Business Key Strengths Financial Strength 27 Years rich experience in Strong relationships with over 3 High Return on Capital dairy business that includes, lakh dairy farmers. Employed (ROCE) procurement of milk from dairy farmers at village level, and Supplying milk and mil
Slide 7: Consolidated Financial Highlights – Q3FY20
3. Consolidated Financial Highlights – Q3FY20 Percentage Rupees Revenue + 8.67 % 672.42 Cr EBITDA - 26.34 % 34.12 Cr PBT - 47.14 % 16.17 Cr PAT - 42.32 % 11.68 Cr
Slide 8: Standalone Financials - Q3FY20, Q3FY19
4. Standalone Financials - Q3FY20, Q3FY19 Financial Highlights Q3FY20 Q3FY19 (Rs in crores) Net Turnover Dairy 661.42 609.61 RE 1.32 1.80 EBITDA Dairy 35.33 44.05 RE 0.70 1.44 PBT Dairy 19.78 30.14 RE -0.69 -0.09 Dairy Margins EBITDA 5.34% 7.23% PBT 2.99% 4.94%
Slide 9: Growth in VAP
5. Growth in VAP 155.58 150 134.67 108.46 95.75 100 81.13 50 Q3FY16 Q3FY17 Q3FY18 Q3FY19 Q3FY20
Slide 10: Procurement & Sales
6. Procurement & Sales Milk Procurement (LLPD)* Milk Sales (LLPD) Curd Sales (MTPD)* 298.47 270.10 15 14.50 13.56 15 300 11.27 11.09 10 10 200 5 5 100 0 0 0 Q3FY20 Q3FY19 Q3FY20 Q3FY19 Q3FY20 Q3FY19 Cost per Milk Selling Curd Selling Litre Rs. 36.54 Rs. 32.47 Price Rs. 42.49 Rs. 38.86 Price Rs. 47.4
Slide 11: Heritage Nutrivet Limited
7. Heritage Nutrivet Limited (A Wholly Owned Subsidiary Company) (Rs in Lakh) Particulars Q3FY20 Q3FY19 Turnover 2525 1939 EBITDA 133 (49) PBT 28 (94)
Slide 12: Financials - Yearly
8. Financials - Yearly Financial Highlights FY 19 FY 18 FY 17 FY 16 FY 15 FY 14 (Rs in crores) Net Turnover 2482.35 2344.01 2642.89 2380.58 2072.97 1722.04 Dairy 2479.18 2343.68 1870.72 1768.8 1555.86 1328.19 RE 11.37 6.87 5.21 3.04 2.57 0.77 EBITDA 192.43 133.32 146.61 136.47 88.08 98.65 Dairy 182.
Slide 13: Balance Sheet Figures
9. Balance Sheet Figures Particulars FY19 FY18 FY17 FY16 FY15 (Rs in crore) (As per Ind-As) Equity Share Capital 23.20 23.20 23.20 23.20 23.20 Other Equity (Reserves & Surplus) 781.76 754.81 570.02 216.80 169.80 Networth 804.96 778.01 593.22 240.00 193.00 Gross Fixed Assets 555.10 463.20 304.99 518.
Slide 14: Winning Farmers' Trust
10. Winning Farmers’ Trust Providing Punctual Facilitating loans Accuracy in Deployed mobile nutritional feed payments cattle insurance Measurement veterinary clinics at subsidised to farmers rates
Slide 15: Achieving Operational Excellence
11. Achieving Operational Excellence Bulk Coolers Chilling plants Processing plants Vehicles 112 2003 77 18 No. of Milk Procurement Number Representatives of 12607 6598 Distributors
Slide 16: Innovations
12. Innovations Quality Accessibility
Slide 17: UHT Plant
13. UHT Plant Commissioned an UHT Plant with capacity of 1 Lakh Litres Per Day Variants: Double Toned Milk & Toned Milk. UHT Milk sales: 51,12,072 Liters (Oct’19 - Dec’19)
Slide 18: Parlour as branded outlets
14. Parlour as branded outlets Exclusive Product Outlets 999 Outlets Helps in Branding Complete Range of Products Products availability and Accessibility to customers
Slide 19: Heritage Distribution Centre (HDC)
15. Heritage Distribution Centre (HDC) Exclusive Product Distribution centre 45 HDC’s in Operation 17 at Bangalore, 22 at Chennai, 3 at Punjab, 1 at Hyderabad, . 1 at Rajahmundry and 1 at Vijayawada. Each HDC Covering 100 retail and 100 households of the locality Unique tool for entering the
Slide 20: Way Forward
16. Way Forward To reach a topline of Rs. 6000 crore To achieve Rs. 2400 crore from value added products To handle 28 lakh liters of milk per day To expand relationship to 6 lakh farmers To supply milk and milk products to 30 lakh households 1993 2019 25,000 LPD 25.70 LLPD 1 Processing Pla
Slide 21: Thank You
Thank You Umakanta Barik | hfl@heritagefoods.in