Lt Foods Limited · NSE:LTFOODS
Lt Foods — Q3 FY2023 Earnings Presentation
26 slides from Lt Foods's earnings presentation, Jan 30, 2023
Slide 1: Investor Presentation – 9M & Q3 FY23
LT Foods Limited Investor Presentation – 9M & Q3 FY23 January 2023
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the ‘Presentation’), which have been prepared by LT Foods Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities
Slide 3: Index
INDEX 9M & Q3 FY23 Results Highlights Key Developments Strategy and Outlook ESG Framework and Goals Shareholding Pattern
Slide 4: 9M & Q3 FY23 Results Highlights
9M& Q3FY23 Results Highlights
Slide 5: 9M FY23 Segment Highlights (YoY)
9M FY23 Segment Highlights (YoY) Revenue 31% Organic Segment 8% Basmati & Other Specialty Segment 33% Convenience & Health Segment 51% LT Foods Investor Presentation Q3 FY23 5
Slide 6: Q3 FY23 Segment Highlights (YoY)
Q3 FY23 Segment Highlights (YoY) Revenue 31% Organic Segment 36% Basmati & Other Specialty Segment 29% Convenience & Health Segment 25% LT Foods Investor Presentation Q3 FY23 6
Slide 7: 9M FY23 Key Highlights (YoY)
9M FY23 Key Highlights (YoY) EBITDA 17% Book Value Per Share (₹) ₹ 77 (from ₹ 65) EBIT 20% Return on Equity 16.9% (from 15.7%) PBT 21% Working Capital Days 221 (from 226) PAT 24% Cash Profit 19% LT Foods Investor Presentation Q3 FY23 7
Slide 8: 9M FY23 Financial Update
9M FY23 Financial Update Revenue up 31% y-o-y aided by Revenue Gross Profit EBITDA accelerated brand investments across all 3 business segments – Basmati & 31% 36% 17% Other Specialty Rice, Organic and Convenience and Health business 3,913 5,144 534 1,322 1,793 Gross Profit up by 36% y-o-y & Gro
Slide 9: Q3 FY23 Financial Update
Q3 FY23 Financial Update Revenue up 31% y-o-y aided by Revenue Gross Profit EBITDA accelerated brand investments across all 3 business segments – Basmati & 31% 25% 19% Other Specialty Rice, Organic and Convenience and Health business 1,369 1,792 571 179 456 Gross Profit up by 25% y-o-y & Gross 1
Slide 10: Segment Update – Basmati & Other Specialty Rice
Segment Update – Basmati & Other Specialty Rice Growing at a 3 Year CAGR – 10% Revenue International India 4,074 3,073 1353 1012 33% 2,721 2,061 9MFY22 9MFY23 Gross Profit & EBITDA & Margin Margin 36.1% 1,470 13.0% 11.0% 34.6% 1,065 453 400 38% 13% 9MFY22 9MFY23 9MFY22 9MFY23 All Figures in ₹ Crore
Slide 11: Segment Update – Organic Segment
Segment Update – Organic Segment Growing at a 3 Year CAGR – 36% Revenue & Growth 574 620 8% 9MFY22 9MFY23 Gross Profit & EBITDA Margin & Margin 32.4% 38.1% 10.9% 8.8% 68 237 186 50 27% 36% 9MFY22 9MFY23 9MFY22 9MFY23 All Figures in ₹ Crore unless specified LT Foods Investor Presentation Q3 FY23 11
Slide 12: Segment Update – Convenience & Health Segment
Segment Update – Convenience & Health Segment Growing at a 3 Year CAGR – 59% Revenue & Growth 126 84 51% 9MFY22 9MFY23 Gross Profit & EBITDA Margin & Margin 29.8% 29.3% 37 25 -8 48% -15 9MFY22 9MFY23 9MFY22 9MFY23 -9.0% -11.8% All Figures in ₹ Crore unless specified LT Foods Investor Presentation Q3
Slide 13: Key Developments
crpooe Developments
Slide 14: Strong Progress in Q3 in India backed by 360-degree marketing campaigns
Strong Progress in Q3 in India backed by 360-degree marketing campaigns Market Share % Gr.% 29.4% 250 Bps Consuming Households Gr.% Presence across retail outlets 40.36 Lakh 39% 1,78,956 Gr.% 12% *As per AC Nielsen MAT’22 vs. MAT’21* * As per Kantar MAT June’22 Vs. MAT June’21 LT Foods Investor Pres
Slide 15: Strategy and Outlook
Strategy and Outlook LT Foods Investor Presentation Q3 FY23
Slide 16: Capital Allocation Plan
Capital Allocation Plan We aim to balance the objectives of ploughing back earnings to support sustained growth, debt reduction and appropriate reward to shareholders through dividends Growth Debt Reduction Utilizing the free cash flow Goal is to maintain our Debt/ generated for the growth in its EB
Slide 17: Way Forward
Way Forward Focus on strategic pillars of Growth, Margin Expansion and Strengthening of Financial Metrics to create a fully integrated, global, strong, progressive, sustainable, predictable, profitable, and growing consumer business Margin Strengthen Growth Expansion Financial Metrics Solidify the l
Slide 18: ESG Framework and Goals
ESG FRAMEWORK and Goals LT Foods Investor Presentation Q3 FY23
Slide 19: ESG Framework
ESG Framework Responsible Farms | Responsible Sourcing | Responsible Operation | Responsible Brands | Responsible Movement | Responsible Governance | Responsible Value Creation Responsible Farms Responsible Brands Organic Water Stubble Recyclable Plastic Farmland Stewardship Burning Packaging Neutra
Slide 20: Environment Scorecard and Goals (India Operations)
Environment Scorecard and Goals (India Operations) Sustainable Harvesting Organic Farmland of Paddy Baseline : 13,000 farmers trained Baseline : 1.4 lakh acre Sustainabl 50,000 farmers to be trained on 2.5 lakh acres of organic farmland by e Farming Sustainable Farming Practices by 2025 2030 (Public
Slide 21: Environment Scorecard and Goals… (India Operations)
Environment Scorecard and Goals… (India Operations) Water Conservation Water Recharge Baseline : 110 Bn litres 140 billion liters of water saving Renovation and construction of Water through Land Laser Leveling / AWD / 100 Ponds by 2030 SRI in 60,000 acres by 2030 Plastic Neutrality Sustainable Pack
Slide 22: Social Scorecard and Goals (India Operations)
Social Scorecard and Goals (India Operations) Infrastructure Quality Education Safe and Clean Drinking water Women Health Development Baseline : 10 Villages Baseline : 19 Schools Baseline : 20,000 beneficiaries Community Infrastructure Adopt 100 schools for Cover 5,00,000 1 Lakh beneficiaries Develo
Slide 23: Governance Scorecard and Goals (India Operations)
Governance Scorecard and Goals (India Operations) ESG Committee at ESG Organization ESG Goals and ESG Materiality Board Structure Target Analysis ESG & CSR Draft prepared and Under Finalization Materiality Matrix Governance Committee Formed under finalization Finalized Board Structure & Board Divers
Slide 24: Shareholding Pattern
Shareholding Pattern As on December 31 , 2022
Slide 25: Shareholding Information
Shareholding Information Mutual Funds, 3.09% Fll, 5.31% Shareholder Information as on December 31 , 2022 BSE Ticker 532783 NSE Symbol DAAWAT Market Cap (₹ Cr)* 3,696 % Free- float 43.19% Free Float Market Cap (₹Cr) 1,596 Promoter, 56.81% Others, 34.79% Shares Outstanding (Cr) 32 Industry Consumer Fo
Slide 26: Investor Contact
Investor Contact Ms. Monika Chawla Jaggia Monika.Jaggia@ltgroup.in 0124-3055210 ltgroup.in DaawatBasmatiOfficialAuthenticRoyalFoods CIN: L74899DL1990PLC041790 Corporate Office Address: Registered Office Address: 4th Floor, MVL I Park, Unit-134, 1st Floor, Rectangle-1, Saket District Sector – 15 Guru