Lt Foods Limited · NSE:LTFOODS
Lt Foods — Q3 FY22 Earnings Presentation
29 slides from Lt Foods's earnings presentation, Jan 31, 2022
Slide 1: Stock exchange disclosure cover letter under Regulation 30
Ref- LTF/ SE/ 2021-22 31st January, 2022 To: BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department Exchange Plaza, C-1, Block G, 1st Floor, New Trading Ring, Rotunda Building, Bandra Kurla Complex, Bandra (East), P. J. Towers, Dalal Street, Mumbai – 400 051 Mumbai – 400
Slide 2: Investor Presentation 9M FY22 & Q3 FY22
Investor | Presentation 9M FY22 & Q3 FY22 LT FOODS NURTURING GOODNESS
Slide 3: Safe Harbour Statement
Safe Harbour Statement 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 s
Slide 4: Maximizing Shareholders Wealth by Strategic Focus towards Profitable Growth
Maximizing Shareholders Wealth by Strategic Focus towards Profitable Growth a Revenue « A Profit After Tax & 4,773 4 289 3,915 - 111% 137 FY19 Fy21 FY19 Fy21 Growth in Revenue is being supported by strengthening the brands, widening distribution network across globe and increasing brand penetration
Slide 5: Contents
Contents Right-to-Win Strategy Capital Allocation Plan Financial & Business Segment Update Shareholding Pattern Highlights Strategic Focus 4 LT Foods Investor presentation, 9M FY22 & Q3 FY22
Slide 6: Q3 FY22 Performance Highlights (YoY)
Q3 FY22 Performance Highlights (YoY) A, 2B% fF owanessomen 17% € € Premium Portfolio 46 A Segment ia 7 3 % of € € ‘ Redes e e ‘ t entation, 9M AN LTEOODS) 5 LT Foods Investor pres
Slide 7: Q3 FY22 Key Highlights (YoY)
Q3 FY22 Key Highlights (YoY) Total Revenue 21 fF Profit After Tax 11% tT @ @ Gross Profit 1 5 % ft Earning Per Share 8% t © @ EBITDA 10% t Finance Cost 6% J @ @ Profit Before Tax 10% tT Cash Profit @ @
Slide 8: 9M FY22 Key Highlights (YoY)
9M FY22 Key Highlights (YoY) 0) Health & Convenience Total Revenue 9 Yo Segment Basmati & Other P Specialty Segment 4 oH (0) ft Gross Profit @ | Premium Portfolio 22%8 Gross Profit Margin @ @ Organic Segment 2 3 vA PAT 48% 10% f 36pps F 2%8 LT Foods Investor presentati ig
Slide 9: 9M FY22 Key Highlights (YoY)
9M FY22 Key Highlights (YoY) Book Value Per Share 1 5 % t @ @ iilerest Coverage 7 4x t € . (from 5.6x) € " 1.78x T € 7 (from 1.65x) € : 5% T @ @ Finance Cost Debt to Equity Current Ratio Debt to EBITDA Cash Profit Debt Level 27% | 0.6x 1 | (from 0.75x) 2.0x I | (from 2.2x) ™198.. 9 (reduction) LT Fo
Slide 10: Contents
Contents Right=to-Win Strategy Capital Allocation Plan Key Highlights Strategic Focus Financial & Business Segment Update Shareholding Pattern LT Foods Investor presentation, 9M FY22 & Q3 FY22
Slide 11: Right-to-Win
Right-to-Win Strong Global Brands to Provide Superior Consumer Experience Flagship Brands “Daawat” and “Royal” enjoy leadership positions in India, US and other geographies Other brands such as Heritage, Devaaya, Gold Seal Indus Valley, 817 Elephant, Rozana also enjoy leadership position in other co
Slide 12: Contents
Contents Capital Allocation Plan wht Financial & Business Segment Update Right-to-Win Key ; Strategy Highlights Wicceua Strategic Focus W LT Foods Investor presentation, 9M FY22 & Q3 FY22
Slide 13: Q3 FY22 — Financial Update
Q3 FY22 — Financial Update a 21% 4 Revenue Gross Profit & Gross Margin 35.0% 34.3% a 33.3% 12.2% EBITDA & EBITDA Margin & Revenue up 21% y-o-y basis aided accelerated brand investments across all 3 business segments — Basmati & Other Specialty Rice, Organic and Health and Convenience business 15% y-
Slide 14: 9M FY22 — Financial Update
9M FY22 — Financial Update | Revenue 9% 3,604 3,913 9M FY21 9M FY22 9 SZ Revenue up 9% y-o-y basis aided accelerated brand investments across all 3 business segments — Basmati & Other Specialty Rice, Organic and Health and Convenience business A\l Figures in ® Crore unless specified é ] Gross Profit
Slide 15: Business Segments
Business Segments Contributes c.83% to the overall revenue Present in Consumer as well as Strategic Private Label business Present in 60+ countries with Flagship brands Daawat, Royal and other regional brands — Heritage, 817 Elephant, Gold Seal Indus Valley, Rozana, Devaaya Present across all channe
Slide 16: Segment-wise Update — Basmati & Other Specialty Rice
Segment-wise Update — Basmati & Other Specialty Rice ] Revenue ( ] 9M Revenue C BInternational _mIndia aR 8% are a 2970 3083 3,336 3,550 A " 1022 a a 2,097 2,061 FY19 FY 20 FY 21 9M FY21 9M FY22 9M Gross C : Profit & Margin | 9M EBIDTA & Margin ( 34.6% 13.3% 13.0% 35% —_—_— 1,065 393 400 1,023 A\l F
Slide 17: Segment-wise Update — Organic Segment
Segment-wise Update — Organic Segment 9M Revenue ] Revenue ( | & Growth ( 2A% ee.) A 9%” 362 367 467 23% FY19 FY 20 FY 21 9M FY21 9M FY22 9M Gross 9M EBIDTA Profit & Margin é | & Margin t 32.1% __S2.4% 6Q- O- 186 ecole 150 au 9M FY21 9M FY22 9M FY21 9M FY22 A\l Figures in Crore unless specified | De
Slide 18: Segment-wise Update — Health & Convenience Segment
ya “i — Health & Convenience Segment 9M Revenue Revenue | & Growth uf aoe ot RS J im A =e FY19 FY 20 FY 21 9M FY21 9M FY22 9M Gross t 9M EBIDTA Profit & Margin & Margin 31.2% 5 Yo : 7 18 9 6.8% non 9M FY21 9M FY22 —. All Figures in & Crore unless specified | EBITDA Margins are negative as this segme
Slide 19: Inventory and Working Capital
Inventory and Working Capital 4 Working Capital Days Pp | Inventory Value (= Cr) o 240 244 = 9M FY21 = 9M FY22 mPaddy mRice 868 oo) 616 _ Eo P| a Inventory Days Payable Days Recievable Days Working Capital Days 9M FY21 9M FY22 ] Inventory Days & ‘ 242 240 ©6251 2 244 Basmati Rice is aged 214 186 208
Slide 20: Key Performance Metrics
Key Performance Metrics ] Revenue e 4,773 3,915 | [ 3,913 FY 19 FY 20 FY 21 9M FY22 ] Finance Cost e 3.6% 3.2% 43g 8" 13 1.3% FY 19 FY 20 FY21 9MFY22 G__AiFigures in & crore unless specified Gross Profit & Margin é zaoy 208% 7% 26 33.7% 33.8% 1 1608 | 1 7] rl 1 i L 19 I 20 FY 21 1 FY22 Profit Before
Slide 21: Key Financial Ratios
Key Financial Ratios Cash Flow from o Operations (€ crore) 477 445 260 103 FY 19 FY 20 FY 21 9M FY22 4 Book value e per share (®) cas 65.2 44.9 en FY 19 FY 20 FY 21 9M FY22 | Debt/Equity C 1.2 =®=Total Debt —e®=Long Term Debt Oy 0.6 0.6 0.1 0.1 e > Ql 0. FY 19 FY 20 FY 21 9M FY22 | Current Ratio t 1
Slide 22: Revenue by region and segment
USA India New Products Others Europe Middle East Organic Basmati & Other Specialty Rice Rest of World ₹
Slide 23: Contents
Contents Financial & Business igment Update Allocation Pla = Right-to-Win Key i Strategy Highlights Wicca Strategic Focus 22 LT Foods Investor presentation, 9M FY22 & Q3 FY22
Slide 24: 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 | G: | Growth Utilizing the free cash flow generated for the growth in its Basmati and Organic business along with
Slide 25: Contents
Contents ie Capital Allocation Plan Financial & Business Segment Update Right-to-Win K Strategy ey Highlights Shareholding Pattern Strategic Focus LT Foods Investor presentation, 9M FY22 & Q3 FY22
Slide 26: Strategic Focus
rategic Focu ww ~~ Margin Strengthen = Growth E a Expansion E Financial Metrics a Solidify the leadership position in key markets Change in Product Mix Strengthen Balance Sheet Metrics and grow current market share with target 5 and enhance return ratios Le TMI CEG HOE Efficiencies across value chai
Slide 27: Contents
Contents Right-to-Win Strategy | Capital ¥ a Allocation Plan Inancia & Business | Segment Update NA Key Highlights Shareholding Strategic Information Focus 26 LT Foods Investor presentation, 9M FY22 & Q3 FY22
Slide 28: Promoter shares are unencumbered
₹ ₹ Promoter shares are unencumbered
Slide 29: Investor Contact
Investor Contact _—s : Ms. Monika Chawla Jaggia (| Monika.Jaggia@ltgroup.in © 0124-3055210 [@ ttgroup.in e DaawatBasmatiOfficialAuthenticRoyalFoods Q CIN: L74899DL1990PLC041790 © Corporate Office Address: © Registered Office Address: 4th Floor, MVL | Park, Unit-134, 1st Floor, Rectangle-1, Saket Sec