Godrej Agrovet Limited · NSE:GODREJAGRO
Godrej Agrovet — Q3 FY25 Earnings Presentation
25 slides from Godrej Agrovet's earnings presentation, Jan 31, 2025
Slide 1: Exchange filing cover letter
Date: January 31, 2025 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Exchange Plaza, Bandra - Kurla Complex, Fort, Mumbai – 400001 Bandra (East), Mumbai-400051 Ref.: BSE Scrip Code No. “540743” Ref.: “GODREJAGRO” Sub: Presentation to Investors & Analysts De
Slide 2: Q3 & 9M FY25 Performance Update
GODREJ AGROVET LIMITED Q3 & 9M FY25 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 ESG initiatives continued to generate meaningful impact
OUR ESG INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 80.6% 16x GAVL’s Renewable energy portfolio Water conservation ✓ A water positive company; 22.6 million m3 water sequestered ✓ Installed Solar rooftops at 20+ manufacturing sites - Cumulative against a consumption of 1.41 million m3# genera
Slide 6: Ambitious global commitments & affiliations
AMBITIOUS GLOBAL COMMITMENTS & AFFILIATIONS ▪ Member of the World Business ▪ Committed to the global Science Council for Sustainable ▪ Signatories to the global EP100 Based Targets initiative (SBTi) to Development; NBG is also on the framework created by the Climate reduce our emissions in line with
Slide 7: Strong commitment to CSR
STRONG COMMITMENT TO CSR Value Chain : Brighter Farming & Water stewardship ✓ 5,460 farmers were trained on dairy management to improve yield ✓ AI was conducted with 6,263 animals and 12,505 animals benefitted from the veterinary camps ✓ Conserved 0.121 million m3 water through the water stewardship
Slide 8: Awards and recognitions
AWARDS AND RECOGNITIONS BHARATIYA CSR KE DUS SAAL: AGLE DUS SAAL SUSTAINABLE AGRICULTURE SUMMIT & AWARDS BEMISAAL Godrej Group won Indian CSR Excellence Awards Standalone Crop Protection won Sustainable Agriculture Awards - 2024 1 2 1. Extension & Training Excellence for PYNA, our innovative solutio
Slide 9: Performance Highlights
PERFORMANCE HIGHLIGHTS 8 I Godrej Agrovet
Slide 10: Consolidated Financials – Q3 FY25
CONSOLIDATED FINANCIALS – Q3 FY25 Excluding non-recurring items Excluding non-recurring items & Astec ₹ Crore Q3 FY25 Q3 FY24 Y-o-Y Change Q3 FY25 Q3 FY24 Y-o-Y Change Revenues 2,450 2,345 4.5% 2,355 2,294 2.7% Earnings before interest, tax 229 171 34.0% 233 188 23.7% and Depreciation (EBITDA) EBITD
Slide 11: Consolidated Financials – 9M FY25
CONSOLIDATED FINANCIALS – 9M FY25 Excluding non-recurring items Excluding non-recurring items & Astec ₹ Crore 9M FY25 9M FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Revenues 7,249 7,426 -2.4% 6,986 7,122 -1.9% Earnings before interest, tax and 685 592 15.7% 752 607 23.9% Depreciation (EBITDA) EBI
Slide 12: Key Segment Highlights – 9M FY25
KEY SEGMENT HIGHLIGHTS – 9M FY25 Consolidated EBITDA* & PAT* Business Segments EBITDA Animal Feed Dairy Business EBITDA Margin % 6.7% 8.0% 9.4% EBIT/MT 42% y-o-y VAP Salience 36% 685 592 488 EBITDA +70% y-o-y Oil Palm Business Crop Protection 9M FY23 9M FY24 9M FY25 Business EBIT 30% y-o-y EBIT marg
Slide 13: 9M FY25 Segment-wise Revenue and PBIT
9M FY25 SEGMENT-WISE REVENUE AND PBIT Segment revenues (1) – 9M FY25 Segment results (2) – 9M FY25 Poultry & processed Others, 1.0% Poultry & processed Others, -1.3% food, 8.5% food, 4.1% Animal Feed, Dairy, 5.6% 34.9% Animal Feed, Dairy, 15.8% 47.8% Crop Protection, 23.8% Crop Protection, 11.2% Veg
Slide 14: Segment-wise Performance Update
SEGMENT-WISE PERFORMANCE 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 Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Sales Volume (tons) 3,97,498 3,90,472 1.8% 11,05,040 11,37,398 -2.8% Segment Revenue (Cr) 1,274 1,291 -1.3% 3,635 3,818 -4.
Slide 16: Vegetable Oil
VEGETABLE OIL Largest domestic producer of Crude Palm oil (CPO) and Palm Kernel Oil(PKO) Particulars Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change CPO Realisations (₹ per MT) 1,21,175 76,186 59.0% 1,00,595 78,333 28.4% PKO Realisations (₹ per MT) 1,77,853 1,00,630 76.7% 1,40,231 1,01,701
Slide 17: Crop Protection Business
CROP PROTECTION BUSINESS Agrochemical products catering to the entire crop lifecycles Particulars Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Segment Revenue (Cr) 99 172 -42.1% 611 696 -12.2% Segment Result (Cr) 27 52 -47.7% 254 214 19.1% Segment Margin (%) 27.2% 30.1% 41.6% 30.7% • Se
Slide 18: Astec LifeSciences
ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients Particulars Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Revenues (Cr) 94 51 85.0% 262 304 -14.0% EBITDA (Cr) -4 -17 NM -67 -15 NM EBITDA Margin (%) NM NM NM NM • In Q3 FY25, Astec reported a sequential and
Slide 19: Creamline Dairy
CREAMLINE DAIRY Private dairy player in Southern India with a wide range of product portfolio Particulars Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Revenues (Cr) 370 366 1.0% 1,201 1,181 1.7% EBITDA (Cr) 18 19 -5.4% 63 37 69.8% EBITDA Margin (%) 4.9% 5.2% 5.3% 3.2% • In Q3 FY25, segm
Slide 20: Godrej Foods Limited and Joint Venture – ACI Godrej Agrovet
GODREJ FOODS LIMITED Particulars Q3 FY25 Q3 FY24 Y-o-Y Change 9M FY25 9M FY24 Y-o-Y Change Revenues (Cr) 216 223 -3.2% 647 770 -16.0% EBITDA* (Cr) 11 2 490.1% 41 55 -25.7% EBITDA Margin (%) 5.2% 0.9% 6.3% 7.1% * Excluding Non-recurring & exceptional items • Marginal decline in revenues in Q3 FY25 as
Slide 21: Annexures
ANNEXURES 20 I Godrej Agrovet
Slide 22: Non-recurring items and Astec
NON-RECURRING ITEMS AND ASTEC EBITDA PBT PAT Consolidated (₹ Crore) Q3 FY25 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Q3 FY24 REPORTED 229 167 138 89 110 83 Differential VAT Liability - 5 - 5 - 3 Provision in respect of industrial plots - (1) - (1) - (1) Remeasurement of Deferred Tax - - - - (14) - True up of
Slide 23: Shareholding pattern as of December 31, 2024
SHAREHOLDING PATTERN AS OF DECEMBER 31, 2024 FII Major Investors 7.1% DII 7.8% ➢ Temasek ➢ Nippon Mutual Fund ➢ Vanguard ➢ DSP Mutual Fund Others ➢ LIC of India 17.5% ➢ Axis Mutual Fund ➢ FSSA Investment Managers ➢ Motilal Oswal Mutual Fund Promoters 67.6% ➢ CDPQ Pension Fund ➢ Tata Mutual Fund ➢ UT
Slide 24: Contact Us
CONTACT US To know more, visit us at: www.godrejagrovet.com S Varadaraj Gaurang Chotalia Email: s.varadaraj@godrejagrovet.com Email: gaurang.chotalia@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