Heritage Foods Limited · NSE:HERITGFOOD
Heritage Foods — Q4 FY2019 Earnings Presentation
21 slides from Heritage Foods's earnings presentation, May 23, 2019
Slide 1: Cover letter to stock exchanges on quarterly updates
Ref: SECT: STOC: 33-19 23rd May, 2019 To To The Secretary, The Manager, The Stock Exchange, Mumbai Listing Department, Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Dalal Street, Exchange Plaza, C-1, Mumbai - 400 001 G Block, Bandra-Kurla Complex, Bandra (East), Mumbai- 400 05
Slide 2: Corporate Presentation March 2019 (Q4FY19)
Corporate Presentation March – 2019 (Q4FY19)
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 – Q4FY19……………. 3 Financials – Q4FY19, Q4FY18 ……………. 4 Growth in VAP………………………………….. 5 Procurement & Sales Volumes………….. 6 Heritage Nutrivet Limited …………………. 7 Financials - Yearly …………………………….. 8 Balance Sheet
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 2024 We anticipate, understand and respond to our customer’s needs by creating hig
Slide 6: Company Overview
2. Company Overview Core Business 27 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 – Q4FY19
3. Financial Highlights – Q4FY19 Revenue grew by 12.63 % at Rs. 625.22 crore EBITDA grew by 9.71 % at Rs. 51.75 crore PBT grew by 9.46 % at Rs. 34.82 crore PAT grew by 16.97 % at Rs. 23.99 crore
Slide 8: Financials – Q4FY19, Q4FY18
4. Financials – Q4FY19, Q4FY18 Financial Highlights Q4FY19 Q4FY18 (Rs in crores) Net Turnover 625.22 555.11 Dairy 624.94 555.01 RE 1.82 1.68 EBITDA 51.75 47.17 Dairy 50.44 45.63 RE 1.31 1.54 PBT 34.82 31.81 Dairy 34.96 31.88 RE -0.14 -0.08 Dairy Margins (in percentage) EBITDA 8.07% 8.22% PBT 5.59% 5
Slide 9: Growth in VAP
5. Growth in VAP 155.66 127.56 108.52 98.61 80.00 Q4FY15 Q4FY16 Q4FY17 Q4FY18 Q4FY19
Slide 10: Procurement & Sales
6. Procurement & Sales Particulars Q4FY19 Q4FY18 Milk Procurement 14.02 13.24 (LLPD)* Cost per Liter (Rs) 32.84 33.37 Milk Sales (LLPD) 11.15 10.42 Milk Selling Price (Rs) 38.94 38.97 Curd Sales (MTPD) 317.16 249.12 *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 Q4FY19 Q4FY18 (Rs in Lakh) Turnover 2158 1617 EBITDA 78 128 PBT 35 82
Slide 12: Financials - Yearly
8. Financials - Yearly Financial Highlights FY 19 FY 18 FY 17 FY 16 FY 15 FY 14 (Rs in crores) Net Turnover 2482.35 2344.01 2642.89 2380.58 2072.97 1722.04 Dairy 2479.18 2343.68 1870.72 1768.8 1555.86 1328.19 RE 11.37 6.86 5.21 3.04 2.57 0.77 EBITDA 192.43 133.32 146.61 136.47 88.08 98.65 Dairy 182.
Slide 13: Balance Sheet Figures
9. Balance Sheet Figures Particulars FY19 FY18 FY17 FY16 FY15 (Rs in crore) (As per Ind-As) Equity Share Capital 23.20 23.20 23.20 23.20 23.20 Other Equity (Reserves & Surplus) 781.76 754.81 570.02 216.80 169.80 Networth 804.96 778.01 593.22 240.00 193.00 Gross Fixed Assets 549.90 464.18 304.99 518.
Slide 14: Winning Farmers' Trust
10. Winning Farmers’ Trust Providing nutritional feed at subsidised rates
Slide 15: Achieving Operational Excellence
11. Achieving Operational Excellence Bulk Coolers : 112 Chilling units: 75 Processing plants: 17 No. of Milk Procurement Vehicles: 2061 No. of Distributors Representatives 12715 7063
Slide 16: Innovations
12. Innovations Launched new range of health drinks Lassi with goodness of ‘Ragi’ and ‘Sabja’
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: 42,52,070 Liters (Jan’19-Mar’19)
Slide 18: Parlour as branded outlets
14. Parlour as branded outlets Exclusive Product Outlets 1365 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 41 HDC’s in Operation 18 at Bangalore, 15 at Chennai, 2 at Delhi Region, 3 at Punjab, 1 at Mumbai and 1 at Rajahmundry and 1 at Vijayawada. Each HDC Covering 100 retail and 100 households of the locality Unique tool
Slide 20: Way Forward
16. 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 21: Umakanta Barik contact
Umakanta Barik I hfl@heritagefoods.in