Godrej Agrovet Limited · NSE:GODREJAGRO
Godrej Agrovet — Q4 FY22 Earnings Presentation
25 slides from Godrej Agrovet's earnings presentation, May 9, 2022
Slide 1: Exchange filing cover letter: Presentation to Investors & Analysts
Date: May 9, 2022 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Fort Exchange Plaza, Bandra - Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai-400 051 Ref.: BSE Scrip Code No. “540743” Ref.: “GODREJAGRO” Sub: Presentation to Investors & Analysts Dear S
Slide 2: Q4 & FY22 Performance Update
GODREJ AGROVET LIMITED Q4 & FY22 PERFORMANCE UPDATE 1 I Godrej Agrovet
Slide 3: Disclaimer
DISCLAIMER Some of the statements in this communication may be forward looking statements within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Company’s operations include change
Slide 4: ESG Update
ESG UPDATE 3 I Godrej Agrovet
Slide 5: Our 2025 Sustainability Targets and Progress Till Date
OUR 2025 SUSTAINABILITY TARGETS AND PROGRESS TILL DATE Target – 100% ✓ Target to Achieve a status of net zero carbon emissions ✓ Sequestered 89,039 MT of CO2, 89% OF the total CO2 emission Achieved – 89% Target – 1x ✓ Returning more water to the planet than we consume ✓ We are already a water positi
Slide 6: Our ESG Initiatives Continued to Generate Meaningful Impact
OUR ESG INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 69% of the energy GAVL utilizes is from clean renewable energy initiatives ✓ Solar rooftops in our animal feed plants in Bundi and Hanuman junction ✓ Oil palm plants use waste of fruit bunches as renewable boiler fuel, which has led to shar
Slide 7: GAVL Scores Ahead of Global Averages for Climate & Palm on CDP
GAVL SCORES AHEAD OF GLOBAL AVERAGES FOR CLIMATE & PALM ON FIRST TIME CLIMATE DISCLOSURE PROJECT (CDP) SUBMISSIONS Participated in the CDP carbon and forests disclosure, becoming one of the first companies in the agri sector to do so in India GAVL scores* in comparison with global Focus Area Key Are
Slide 8: Ambitious Global Commitments & Affiliations
AMBITIOUS GLOBAL COMMITMENTS & AFFILIATIONS ▪ Member of the World Business ▪ Member of the Global Agribusiness ▪ Committed to the global Science Council for Sustainable Alliance, of which Mr. Nadir B. Based Targets initiative (SBTi) to Development Godrej is also current chair reduce our emissions in
Slide 9: Strong Commitment to CSR
STRONG COMMITMENT TO CSR COVID Relief & Recovery Highlights Pragati: Community-based Education ✓ Medical infrastructure support ✓ 4,075 students engaged in AP & in 11 locations Punjab (74% engagement rate) ✓ Covid awareness and through sports education vaccination support to 14,810 program people ne
Slide 10: Performance Highlights
PERFORMANCE HIGHLIGHTS 9 I Godrej Agrovet
Slide 11: Q4 FY22 Consolidated Financials – Key Highlights
Q4 FY22 CONSOLIDATED FINANCIALS – KEY HIGHLIGHTS Excluding – non-recurring & exceptional As Reported Financial Highlights items * (Rs. Crore unless Stated) Q4 FY22 Q4 FY21 Growth Q4 FY22 Q4 FY21 Growth Revenues 2,080.8 1,462.5 42.3% 2,080.8 1,462.5 42.3% Earnings before interest, tax and 222.4 122.2
Slide 12: FY22 Consolidated Financials – Key Highlights
FY22 CONSOLIDATED FINANCIALS – KEY HIGHLIGHTS Excluding – non-recurring & exceptional As Reported Financial Highlights items * (Rs. Crore unless Stated) FY22 FY21 Growth FY22 FY21 Growth Revenues 8,306.1 6,266.7 32.5% 8,306.1 6,257.1 32.7% Earnings before interest, tax and 745.1 603.3 23.5% 723.2 59
Slide 13: FY22 Segment-wise Revenue and PBIT
FY22 SEGMENT-WISE REVENUE AND PBIT Segment revenues (1) – FY22 Segment results (2) – FY22 Others, 0.4% Poultry & processed food, Poultry & processed food, 8.9% 0.8% Animal Feed, Others, -1.2% 49.4% Dairy, -3.6% Animal Feed, 34.3% Dairy, 13.3% Crop Protection, 34.4% Crop Protection, 13.6% Oil Palm ,
Slide 14: Segment-wise Performance Highlights Update
SEGMENT-WISE PERFORMANCE HIGHLIGHTS UPDATE 13 I Godrej Agrovet
Slide 15: Animal Feed
ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars Q4 FY22 Q4 FY21 Growth FY22 FY21 Growth Sales Volume (tons) 3,47,430 2,90,683 19.5% 13,60,689 11,30,881 20.3% Segment Revenue (Cr) 1,104.9 799.5 38.2% 4,350.2 3,093.2 40.6% Segment
Slide 16: Oil Palm Business
OIL PALM BUSINESS Largest domestic producer of Crude Palm oil and Palm Kernel Oil Particulars Q4 FY22 Q4 FY21 Growth FY22 FY21 Growth Segment Revenue (Cr) 189.2 71.7 163.8% 1,264.8 710.0 78.1% Segment Result (Cr) 33.0 5.3 521.5% 240.8 83.7 187.6% Segment Margin (%) 17.5% 7.4% 19.0% 11.8% • Stellar p
Slide 17: Crop Protection Business
CROP PROTECTION BUSINESS Agrochemical products catering to the entire crop lifecycles Particulars Q4 FY22 Q4 FY21 Growth FY22 FY21 Growth Segment Revenue (Cr) 105.1 93.3 12.6% 544.9 581.5 -6.3% Segment Result (Cr) 21.2 20.7 2.1% 101.4 153.4 -33.9% Segment Margin (%) 20.1% 22.2% 18.6% 26.4% • Growth
Slide 18: Astec Lifesciences
ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients Particulars Q4 FY22 Q4 FY21 Growth FY22 FY21 Growth Revenues (Cr) 272.0 171.9 58.2% 676.6 554.9 21.9% EBITDA (Cr) 72.3 39.7 81.8% 164.5 119.5 37.7% EBITDA Margin (%) 26.6% 23.1% 24.3% 21.5% • Strong growth in Q4 and FY22
Slide 19: Creamline Dairy
CREAMLINE DAIRY Private dairy player in Southern India with a wide range of product portfolio Particulars Q4 FY22 Q4 FY21 Growth FY22 FY21 Growth Revenues (Cr) 336.7 280.1 20.2% 1175.1 1032.3 13.8% EBITDA (Cr) 4.6 3.6 29.7% 5.7 38.8 -85.2% EBITDA Margin (%) 1.4% 1.3% 0.5% 3.8% • Strong volume growth
Slide 20: Godrej Tyson Foods Limited; Joint Venture – ACI Godrej Agrovet
GODREJ TYSON FOODS LIMITED Particulars Q4 FY22 Q4 FY21 Growth FY22 FY21 Growth Revenues (Cr) 202.3 138.7 45.8% 784.0 602.4 30.1% EBITDA (Cr) 16.2 0.8 NM 22.7 41.9 -45.8% EBITDA Margin (%) 8.0% 0.6% 2.9% 7.0% • Strong topline growth in Q4 and FY22 led by Real Good Chicken (RGC) and Live Bird categori
Slide 21: Annexures
ANNEXURES 20 I Godrej Agrovet
Slide 22: Shareholding Pattern as of March 31, 2022
SHAREHOLDING PATTERN AS OF MARCH 31, 2022 FII Major Investors 14.3% ➢ Temasek DII ➢ Aberdeen 5.6% ➢ LIC of India ➢ Kotak Mutual Fund Others ➢ Quant Mutual Fund 8.5% ➢ Vanguard ➢ DSP ➢ Nippon Mutual Fund ➢ Bajaj Holdings Promoters 71.6% 21 I Godrej Agrovet
Slide 23: Consolidated Non-Recurring & Exceptional Items – Q4 and FY22
CONSOLIDATED NON-RECURRING & EXCEPTIONAL ITEMS – Q4 AND FY22 EBITDA PBT PAT Particulars (Rs. Crore) Q4 FY22 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Q4 FY21 Add/(Less) : Contingent Consideration w/back -42.1 - -42.1 - -38.7 - Add/(Less) : Long-term incentives provision 13.0 - 13.0 - 9.7 - Add/(Less) : (Profi
Slide 24: Contact Us
CONTACT US To know more, visit us at: www.godrejagrovet.com S Varadaraj Aditya Desai Email: s.varadaraj@godrejagrovet.com Email: aditya.desai@godrejagrovet.com gavlinvestors@godrejagrovet.com gavlinvestors@godrejagrovet.com 23 I Godrej Agrovet
Slide 25: Thank You for Your Time and Consideration
THANK YOU FOR YOUR TIME AND CONSIDERATION 24 I Godrej Agrovet