Coastal Corporation Limited · NSE:COASTCORP
Coastal — Investor Presentation (June 2023)
38 slides from Coastal's investor presentation, Jun 8, 2023
Slide 1: Regulation 30 intimation cover letter to stock exchanges
GOVÍ. OF INDIA RECOGNISED THREE STAR EXPORT HOUSE Coastal Regd. Off. : 15-1-37/3, Nowroji Road, Maharanipeta, Visakhapatnam - 530 002, INDIA Phone : 0891-2567118, website :www.coastalcorp.co.in, Corporation Emall : cclinvestors@gmail.com, info@coastalcorp.co.in, info-sez@coastalcorp.co.in Unlt I : S
Slide 2: Coastal Corporation Limited Investor Presentation May 2023
Coastal Corporation Limited Investor Presentation May - 2023
Slide 3: Safe Harbour
Safe Harbour This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of t
Slide 4: Table of Contents
Table of Contents 01 0 Company Overview 02 Business Overview 03 Industry Overview 04 Financial Highlights 05 Way Forward 3
Slide 5: Recent Developments
Recent Developments Entered New Markets Japan & Korea: Coastal has entered an agreement with Mitsubishi Corporation’s Toyo Reizo Co. Ltd., Japan and SPC GFS Co Ltd, Korea for exports of shrimps product to Japanies & Korean Markets About Mitsubishi Corporation’s Toyo Reizo Co Ltd., Japan Toyo Reizo
Slide 6: Company Overview
| Company Overview
Slide 7: About Us
About Us Our Vision Among top ten player in Shrimp processing and distribution industry worldwide We have a mission to deliver superior quality, highly nutritional seafood at the most competitive prices to global consumers. We are a customer Engaged in processing and exporting of extensive range of
Slide 8: Milestones
Milestones Incorporated Continental Export Excellence Fisheries India Pvt Ltd. as Award in Top Multi wholly owned subsidiary of Established Ultra Product Exporter Costal Corporation Ltd. Export Excellence Incorporated Modern Shrimp in Andhra Pradesh Incorporated as a National Award for
Slide 9: Board of Directors
Board of Directors Holds a Bachelors Degree of Technology (in Chemical Engineering) with an experience of four Mr. Valsaraj Thottoli decades Founder, Vice Presently, Vice Chairman and Managing Director of the Company Chairman & Devoting his entire time, efforts and energy to develop this Compa
Slide 10: Board of Directors
Board of Directors Distinguished career spanning 40 years in Life Insurance Corporation of India in accounts, Mr. M.V. marketing, administration, banking and finance Suryanarayana Fellow member of the Institute of Chartered Accountants of India Independent Served as CEO of LIC Mutual Fund and
Slide 11: Business Overview
Business Overview
Slide 12: Product Portfolio
Product Portfolio Headless Shell On (HL) Peeled Deveined Tail On (PDTO) Peeled Deveined Tail Off (PD) Pulled Vein Tail On (PVTO) Peeled Un-Deveined (PUD) Butterfly Shrimp Skewers Cooked Head On Cooked HL Shrimp Cooked HL Easy-Peel Shrimp Cooked PDTO Shrimp Cooked PD Shrimp 11
Slide 13: Process Flow
Process Flow Initial quality check by De-heading / de-shelling / technologist de-skinning / de-veining & Microbial & Chemical testing Pre-Processing Gut cleaning Washed with disinfectants, Graded & Chilled Raw Material weighed and iced Thoroughly checked piece by piece Graded, washed &
Slide 14: Manufacturing Facilities
Manufacturing Facilities Unit I: Unit II: Plate Freezer – 17.5 MTPD Plate Freezer – 14 MTPD Individually Quick Frozen – 10 MTPD Individually Quick Frozen – 25 MTPD Blast Frozen – 10 MTPD Cooker – 10 MTPD Cooker – 10 MTPD Processing units are located in the prime aquaculture zone near
Slide 15: Manufacturing Facilities
Manufacturing Facilities Unit III: Plate Freezer – 14 MTPD Individually Quick Frozen – 32 MTPD Cooker – 12 MTPD Breading Line Nobashi Facility. New plant will augment Company’s value- added supply 14
Slide 16: Captive Solar Power plant - 3.6MW
Captive Solar Power plant- 3.6MW 15
Slide 17: Global Reach
Global Reach Russia Europe U.S.A. UAE Korea Japan Saudi Arabia Hongkong Australia WE SHIP WORLDWIDE 16
Slide 18: Clientele
Clientele COASTAL CORPORATION LIMITED gti % 7 Ar <. y = > 42 6EMS Inc. y= = =— a ae = GREAT AMERICAN SEAFOOD IMPORTS Co. the (7haéce group nue SEA J.F. Clarké Corporation Direct Source HT sEaroon, Inc. Seafood (7 ~ cary | Coral SEAFOOD 17
Slide 19: Certificates & Achievements
Certificates & Achievements 18
Slide 20: Industry Overview
Industry Overview
Slide 21: Global Sea Food Industry
Global Sea Food Industry Surging consumption of Sea Food in Developed and Developing Economies: Economic prosperity driving consumption pattern across geographies Consumer shift towards sea food as source of protein and increased demand for exotic varieties Expanding population, rising health
Slide 22: World Outlook Aquaculture Production
World Outlook Aquaculture Production Aquaculture Production Increased contribution of Aquaculture India - Share in global sea food to Increase Global capture and Aquaculture Production In Million Tonnes 7.5% 7.1% 2016 2030 Source: FAO 21
Slide 23: India – Conducive Aquaculture Policy
India – Conducive Aquaculture Policy Policy Initiative by Government to fillip Aquaculture: Ministry of Food Processing, Govt. Of India, is encouraging the entrepreneurs for establishing processing factories under “Scheme for Integrated Cold Chain and Value Addition Infrastructure by extending Rs.
Slide 24: Financial Highlights
Financial Highlights
Slide 25: Consolidated Annual Financial Highlights
Consolidated Annual Financial Highlights Revenue (Rs. Cr.) EBITDA (Rs. Cr.) / Margin (%) PAT (Rs. Cr.) / Margin (%) 24
Slide 26: Consolidated Annual Financial Highlights
Consolidated Annual Financial Highlights Rs. Cr FY20 FY21 FY22 FY23 Revenue from Operation 604.28 473.48 491.10 352.72 Cost of Material Consumed 437.92 351.04 345.34 222.70 Changes in Inventory 9.96 -8.06 -10.32 -1.87 Employee Expenses 14.67 14.16 17.24 17.35 Other Expenses 101.73 90.84 122.41 94.70
Slide 27: Consolidated Balance Sheet Highlights
Consolidated Balance Sheet Highlights Rs. Cr. FY20 FY21 FY22 FY23 Shareholders Funds 143.19 175.77 204.57 244.71 Share Capital 10.17 10.68 11.58 12.96 R&S 133.02 165.09 192.99 231.75 Non Current Liabilities 3.01 19.72 30.02 35.99 Long Term Borrowing 0.21 15.44 25.09 28.18 Trade Payables 0.00 0.00 0.
Slide 28: Consolidated Balance Sheet Highlights (Continued)
Consolidated Balance Sheet Highlights ...Continued Rs. Cr. FY20 FY21 FY22 FY23 Non Current Assets 73.29 117.00 189.57 233.77 Plant, Property & Equipment 35.45 44.18 44.41 157.51 Capital Work In Progress 2.30 32.32 91.53 16.18 Right of use asset 3.13 6.28 11.04 11.46 Investment property 10.95 11.77 1
Slide 29: Q4 FY23 Highlights
ay Q4 FY23 Highlights
Slide 30: Q4 FY23 Operational Highlights
Q4 FY23 Operational Highlights Revenue EBIDTA PAT Rs 73.03 Cr Rs -5.44 Cr Rs -9.22 Cr Demand for product slowed down due to lower sales in US in H2FY23 which leads to negative EBITDA & PAT margins The Company has achieved quarterly revenue of Rs 73.03 crores and EBITDA of Rs -5.44 crores ( EBITDA Ma
Slide 31: Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights Rs. Cr. Q4 FY23 Q3 FY23 Q4 FY22 Total Income from Operations 73.03 56.13 126.38 Raw Material Expenses 54.67 24.96 97.11 Employee Cost 5.22 3.73 5.18 Other Expenses 18.57 21.88 32.23 Total Expenditure 78.47 50.57 134.53 EBITDA -5.44 5.56 -8.15 EBITDA Margin
Slide 32: Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights Revenue (Rs. Cr.) EBITDA (Rs. Cr.) / Margin (%) PAT (Rs. Cr.) / Margin (%) 31
Slide 33: Way Ahead
Way Ahead
Slide 34: Ongoing Expansions
Ongoing Expansions Odisha Processing Unit: • New Shrimp processing facility at Haridamada, Khurdha Odisha is spread across 4.28 acres • Estimated capex of around Rs 42 crore, out of which Rs 4.67 crore has already been incurred • Civil work of the project is expected to start in Q4 FY23 and project
Slide 35: Ethanol Sectoral Environment
Ethanol Sectoral Environment India’s ethanol blending target of 20% is likely to create opportunity of Rs 840 bn bio-ethanol market annually by 2025 Structural changes post 2018 Rollout plan over 2026 The National Policy on Bio-fuels - 2018 (NPB -2018) released in The Indian government has creat
Slide 36: Current & Future Capacities
Current & Future Capacities IQF Cooker MTPD MTPD Existing Capacities Unit 1 (Vishakhapatnam) 10 10 Unit 2 (Vishakhapatnam) 25 10 Unit 3 (Kakinada SEZ) 32 12 Upcoming Capacity Unit 4 (Odisha) 12 10 Total 79 42 35
Slide 37: Growth Drivers
Growth Drivers New Capacities - Volume Growth Value Added Segment – Better Margins Biofuel - Ethanol Project 36
Slide 38: Thank You
Thank You For more information, Please contact Coastal Corporation Limited 15-1-37/3, Jayaprada Apartments, Nowroji Road, Maharanipeta, Vishakhapatnam – 530002. Girish G Gangawat Andhra Pradesh, India. Mobile: +91-98920-16641 Ph: +91 - 891 - 2567118 Email: investors@cleaonir.com Email: info@coastalc