Rallis India Limited · NSE:RALLIS
Rallis India — Q2 FY24 Earnings Presentation
16 slides from Rallis India's earnings presentation, Oct 25, 2023
Slide 1: Submission of Analysts/Investors Presentation cover letter
October 25, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500355 Symbol: RALLIS Dear Sir/Madam, Sub: Submission of Analysts/Investors Presentation Ref: Lett
Slide 2: Q2 FY24 Results Presentation
Q2 FY24 RESULTS PRESENTATION DOMESTIC CROP INTERNATIONAL CONTRACT SEEDS PLANT GROWTH PROTECTION BUSINESS MANUFACTURING NUTRIENTS 1 Copyright © Rallis India Limited. All rights reserved.
Slide 3: Disclaimer
DISCLAIMER This presentation, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions or variatio
Slide 4: Our long term strategy remains on track
OUR LONG TERM STRATEGY REMAINS ON TRACK CROP CARE SEEDS (DCP/IB/DCN) EXTEND PORTFOLIO STRENGTHEN WIDEN REACH PLUG PORTFOLIO OFFERINGS MANUFACTURING GAPS MULTIPLE CHEMISTRY STRONG BD & STRENGTHEN CAPABILITY: FLEXIBLE MPP’s DISTRIBUTION COMPETENCIES PEOPLE & PROCESS SERVING FARMERS THROUGH SCIENCE DCP
Slide 5: Domestic Crop Protection
DOMESTIC CROP PROTECTION Focused on 3 Comprises of domestic Well Research efforts Identified category, pillars - Extend branded formulations and entrenched focused on segment and portfolio gaps portfolio Institutional connect with developing for future product offerings, business farmers customized
Slide 6: International Business
INTERNATIONAL BUSINESS Manufacturing and Committed to Investment in Expanding Upgrading pilot export of Active expand product strengthening synthesis plants to Ingredients, and customer R&D, process capacity at the strengthen Formulations and portfolio in Contract scale-up and R&D Centre at process
Slide 7: Domestic Crop Nutrition
DOMESTIC CROP NUTRITION Complete focus on Well defined Good future potential product portfolio 20%+ Robust products non-subsidized to grow given the covering diverse growth in pipeline to fertilizers and crop market situation and segments across p.a. in last build stronger nutrients - a niche positi
Slide 8: Seeds Business
SEEDS BUSINESS Engaged in research, Field Crops: Paddy, This is also We have our focus on development, production, Maize, Millet, Cotton, supported through developing high-growth processing and distribution of Mustard and Wheat. in-licensing segments across crop hybrid seeds for field crops and Vege
Slide 9: Capex - Dahej MPP
CAPEX - DAHEJ MPP Dahej SEZ MPP - "Difenconazole" production commercialized Plant under preparation for the launch of another new CSM product Copyright © Rallis India Limited. All rights reserved.
Slide 10: Q2 FY24 Results
Q2 FY24 RESULTS DOMESTIC CROP INTERNATIONAL CONTRACT SEEDS PLANT GROWTH PROTECTION BUSINESS MANUFACTURING NUTRIENTS
Slide 11: Financial Snapshot - Q2 FY24
FINANCIAL SNAPSHOT - Q2 FY24 ₹ Crs REVENUE EBITDA PAT AEI 951 133 863 82 832 118 782 113 110 72 67 63 Q1 Q2 Q1 Q2 Q1 Q2 FY23 FY24 FY23 FY24 FY23 FY24 • Overall revenue lower by 12% vs Q2FY23 • EBITDA higher by 13% vs Q2FY23 • PAT higher by 14% vs Q2FY23 • Crop Care revenue lower by 20% vs Q2FY23. •
Slide 12: Financial Snapshot - Q2 FY24 Crop Care
FINANCIAL SNAPSHOT - Q2 FY24 CROP CARE ₹ Crs REVENUE EBITDA PAT AEI 923 89 139 127 79 737 596 519 57 58 30 28 Q1 Q2 Q1 Q2 Q1 Q2 FY23 FY24 FY23 FY24 FY23 FY24 • Crop Care revenue lower by 20% vs Q2FY23 • EBITDA lower by 9% vs Q2FY23, however the • PAT lower by 11% vs Q2FY23 % EBITDA margin has improv
Slide 13: Financial Snapshot - Q2 FY24 Seeds
FINANCIAL SNAPSHOT - Q2 FY24 SEEDS ₹ Crs REVENUE EBITDA PAT AEI 56 267 263 52 38 35 6 3 95 Q1 Q2 Q1 Q2 28 -18 -21 Q1 Q2 FY23 FY24 FY23 FY24 FY23 FY24 • Seeds revenue higher by 237% vs Q2FY23 on a • EBITDA higher on account of volume • PAT higher vs Q2FY23 smaller base growth(lower returns) & product
Slide 14: Domestic Market Development
DOMESTIC MARKET DEVELOPMENT PRODUCT PRODUCTPROMOTION PROMOTION FARMER ENGAGEMENT CHANNEL ENGAGEMENT Copyright © Rallis India Limited. All rights reserved.
Slide 15: Community Support Activities
COMMUNITY SUPPORT ACTIVITIES Saksham gram (Integrated Village development): Unnat gram (Model Tribal Village): Education: Home visits to ensure zero drop-outs; Education: Capability building by 6 Gram mitras for Math and English; Health: Training on Nutrition education for 200 villagers (Jammikunta,
Slide 16: Thank You
THANK YOU FOR ANY QUERIES PLEASE CONTACT BELOW: Subhra Gourisaria subhra.gourisaria@rallis.com SERVING FARMERS THROUGH SCIENCE Vijay Furia Registered Office vijay.furia@rallis.com Rallis India Limited 23rd Floor, Vios Tower, New Cuffe Parade, Off Eastern Freeway, Wadala, Mumbai - 400037 Gavin Desa g