Heritage Foods Limited · NSE:HERITGFOOD
Heritage Foods — Q3 FY19 Earnings Presentation
22 slides from Heritage Foods's earnings presentation, Jan 31, 2019
Slide 1: Cover letter to stock exchanges on quarterly updates
Ref: SECT: STOC: 10 - 18 31sr January, 2019 To To The Secretary, The Manager, The Stock Exchange, Mumbai Listing Department, Phiroze Jeejeebhoy Towers, National Stock Exchange oflndia Limited, Dalal Street, Exchange Plaza, C-1, Mumbai - 400 001 G Block, Bandra-Kurla Complex, Bandra (East), Mumbai -
Slide 2: Corporate Presentation December 2018 (Q3FY19)
Corporate Presentation December – 2018 (Q3FY19)
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 – Q3 FY19 ………………………… 3 Financials – Q3FY19, Q3FY18 ………………………… 4 Growth in VAP ………………………… 5 Procurement & Sales Volumes ………………………… 6 Heritage Nutrivet Limited ………………………… 7 Financials - Yearly ………………………… 8 Balance S
Slide 5: Vision & Mission
1. Vision & Mission Vision Mission Delighting every home with fresh and healthy To be a nationally recognized brand for healthy and fresh products and empowering the farmer products with a revenue of INR 6000 Crore by 2022 We anticipate, understand and respond to our customer’s needs by creating hig
Slide 6: Company Overview
2. Company Overview Core Business 26 Years rich experience in dairy business that includes, procurement of milk from dairy farmers at village level, and distribution of processed milk to the households in 15 states. Over a decade plus experience in production of other dairy products like curd, ice c
Slide 7: Financial Highlights – Q3FY19
3. Financial Highlights – Q3FY19 Revenue grew by 6.88% at Rs. 618.76 crore EBITDA grew by 22.34% at Rs. 46.44 crore PBT grew by 25.42% at Rs. 30.59 crore PAT grew by 21.18% at Rs. 20.25 crore
Slide 8: Financials – Q3FY19, Q3FY18
4. Financials – Q3FY19, Q3FY18 Financial Highlights Q3FY19 Q3FY18 (Rs in crores) Net Turnover Dairy 609.61 571.42 RE 1.80 1.26 EBITDA Dairy 44.05 35.88 RE 1.44 1.04 PBT Dairy 30.14 24.39 RE -0.09 -0.64 Dairy Margins (in percentage) EBITDA 7.23% 6.28% PBT 4.94% 4.27%
Slide 9: Growth in VAP
(Rs. in Crore) a —) HEALTH AnD waPPINES? Q3FY15 Q3FY16 Q3FY17 Q3FY18 Q3FY19
Slide 10: Procurement & Sales
6. Procurement & Sales Particulars Q3FY19 Q3FY18 Milk Procurement 14.50 13.70 (LLPD)* Cost per Liter (Rs) 32.47 33.90 Milk Sales (LLPD) 11.09 10.53 Milk Selling Price (Rs) 38.86 38.91 Curd Sales (MTPD) 270.10 209.06 *LLPD: Lakh Liters Per Day *MTPD: Metric Tonnes Per Day
Slide 11: Heritage Nutrivet Limited
7. Heritage Nutrivet Limited (A Wholly Owned Subsidiary Company) Particulars Q3FY19 Q3FY18 (Rs in Lakh) Turnover 1939 1734 EBITDA (49) 86 PBT (94) 40
Slide 12: Financials - Yearly
8. Financials - Yearly Financial Highlights FY 18 FY 17 FY 16 FY 15 FY 14 (Rs in crores) Net Turnover 2344.01 2642.89 2380.58 2072.97 1722.04 Dairy 2343.68 1870.72 1768.80 1555.86 1328.19 RE 6.86 5.21 3.04 2.57 0.77 EBITDA 133.32 146.61 136.47 88.08 98.65 Dairy 127.32 144.82 137.20 87.82 113.67 RE 6
Slide 13: Balance Sheet Figures
9. Balance Sheet Figures Particulars FY18 FY17 FY16 FY15 FY14 (Rs in crore) (As per Ind-As) Equity Share Capital 23.20 23.20 23.20 23.20 23.20 Other Equity (Reserves & Surplus) 754.81 570.02 216.80 169.80 155.80 Networth 778.01 593.22 240.00 193.00 179.00 Gross Fixed Assets 466.12 306.92 518.40 462.
Slide 14: Winning Farmers' Trust
10. Winning Farmers’ Trust Providing nutritional feed at subsidised rates
Slide 15: Achieving Operational Excellence
11. Achieving Operational Excellence 115 Bulk Coolers 73 Chilling plants 17 Processing plants No. of Milk Procurement 2025 Vehicles No. of Distributors Representatives 13021 6967
Slide 16: Innovations
12. Innovations Launched new ice cream brand “Alpenvie” Gearing up for launch of Yoghurt in collaboration with French company “Novandie” Undertaken branding activities like rejuvenating brand identity, launch of new logo, and packaging. Commissioned Ultra High Temperature (UHT) Plant.
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: 41,77,911 Liters (Oct’18-Dec’18)
Slide 18: Parlour as branded outlets
14. Parlour as branded outlets Exclusive Product Outlets 1430 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 33 HDC’s in Operation 14 at Bangalore, 9 at Chennai, 5 at Delhi Region, 3 at Punjab, 1 at Mumbai and 1 at Vijayawada. Each HDC Covering 100 retail and 100 households of the locality Unique tool for entering the unre
Slide 20: CSR Activities
16. CSR Activities Donated Rs.44,23,129/- worth of Skimmed Milk Powder from the CSR fund and employees one day salary to the needy people in Kerala’s tragic floods. Donated Rs. 48.50 Lakhs from CSR fund and Rs.17.67 Lakhs from Heritage Employee Welfare fund to SMART Andhra Pradesh Foundation in supp
Slide 21: Way Forward
17. 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 dairy products to 30 lakh households
Slide 22: Thank You
Thank You Umakanta Barik | hfl@heritagefoods.in