Ajooni Biotech Limited · NSE:AJOONI
Ajooni Biotech — FY2024 Earnings Presentation
50 slides from Ajooni Biotech's earnings presentation, May 24, 2024
Slide 1: Cover letter to National Stock Exchange
AJOONI BIOTECH LIMITED Regd. Office: D-118, Industrial Area, Phase VII, Mohali-160055 (Pb.) Phone: 0172-5020758-69 Website: www.ajoonibiotech.com E-mail: ajooni.biotech@gmail.com / info@ajoonibiotech.com CIN: L85190PB2010PLC040162 Date: 24.05.2024 To, National Stock Exchange of India Ltd Exchange Pl
Slide 2: Moving Up the Ladder in White Revolution – Investor Presentation
MOVING UP THE LADDER AJOONI BIOTECH LIMITED IN WHITE REVOLUTION Investor Presentation
Slide 3: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by AJOONI BIOTECH LIMITED (AJOONI, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Ajooni @ Glance
AJOONI @ GLANCE Ajooni is one of the among leading players in the Established in 2010 Ajooni Biotech Limited Compounded PURE VEG. Animal Feed & PURE (Ajooni, ABL) is one of the leading PURE VEG. VEG. feed supplements in India & its portfolio The Company is among main suppliers to leading animal heal
Slide 6: Key Facts & Figures
KEY FACTS & FIGURES PURE VEG. Years of Experience Warehouse Size Animal Feed Capacity 14 40000 Sq Ft 57000 MTPA CAGR (FY20 – FY24) Revenue: 15.47% EBITDA: 30.96% FY24 Revenue: 82.3Cr Manufacturing Working with more than EBITDA: 4.43Cr Units 12,000 Farmers PAT: 2.17Cr 3 Dry Powder Supplement Capacity
Slide 7: Key Milestones & Accomplishments Since Inception
KEY MILESTONES & ACCOMPLISHMENTS SINCE INCEPTION Formed a Joint Venture with Entered Contractual agreement Patanjali Gramodhyog Nyas to with Mother Dairy, VRS Food & establish a PURE VEG. cattle feed Saahaj Milk Producers Ltd for the supplement unit with an annual supply of PURE VEG. Cattlefeed capa
Slide 8: Key Milestones & Accomplishments Since Inception
KEY MILESTONES & ACCOMPLISHMENTS SINCE INCEPTION • First PURE VEG. Cattle feed Company of India to Receive ZED Gold certification from Government of India • Acquired land & built a 35,,000 square foot warehouse dedicated to In May 2021. Company storing raw materials.. migrated to • 1st export order
Slide 9: Geographical Presence
GEOGRAPHICAL PRESENCE Other than Ajooni there are very few companies in the organized listed space which is into PURE VEG. cattle feed & supplement feed in India. Jammu & Kashmir Domestic Presence Himachal Pradhesh • Jammu & Kashmir • Himachal Pradesh Punjab • Punjab Haryana • Haryana • Rajasthan •
Slide 10: Strategically Situated Manufacturing Facility
STRATEGICALLY SITUATED MANUFACTURING FACILITY • Plant, situated in Khanna, benefits from its location in Asia's largest grain market, ensuring easy access to high-quality raw materials. • Company boasts a BIS-approved, state-of-the-art in-house laboratory equipped with modern testing & validation fa
Slide 11: Key Customers
KEY CUSTOMERS Company has built a proven track Ajooni is renowned for its punctual & Company operates its own fleet of record of fostering enduring & flawless product delivery facilitated by trucks equipped with state-of-the-art mutually beneficial relationships with its highly efficient logistics G
Slide 12: What Drives Us
WHAT DRIVES US AJOONI’s VALUE CREATION VISION MISSION QUALITY To become “World's best o To provide added-value to livestock PURE VEG. animal health farmers & consumers through the care solution company.” guiding principles of quality, CUSTOMER FOCUS innovation & sustainability o To develop cost-effe
Slide 13: What Set Us Apart as an Organised Player
WHAT SET US APART AS AN ORGANISED PLAYER CSR Initiatives Strong Distribution Network PAN India High Quality Products & Unique formulations Strong Dealer Network Pan India Robust After Sales Services Experienced Management Team Continuous R&D Work PURE VEG. Animal Certified Production Facilitates Hea
Slide 14: Assurance of Quality
ASSURANCE OF QUALITY Ajooni Is First Indian PURE VEG. Feed Company Having MSME Competitive (Lean) Scheme (MCLS) Certification Under Pm's - Make In India Initiative Directorate of Dairy Department of Industries ISO-9001 Trademark ISO-14001 Development, Punjab – MSME unit Registration Bureau of Indian
Slide 15: Awards & Recognition
AWARDS & RECOGNITION Award of MOFPI: PTC Award( Extra Ordinary Best Animal Healthcare Bureau of Indian Standard Services to Dairy Sector) Products Knowledge Chamber of Commerce & Chamber of Industrial & Commercial Industry: ( Progressive Animal undertaking: Healthcare Solution Company) ( 1st ZED Gol
Slide 16: Affiliation
AFFILATION Confederation of Indian Compound Livestock Industry Feed Manufacture’s Association of India Chamber of Industrial & KCCI – Knowledge Chamber of Commercial Undertaking Commerce and Industry. 15
Slide 17: Received Prestigious Awards from Nation's Key Figures
RECEIVED PRESTIGIOUS AWARDS FROM NATION'S KEY FIGURES 16
Slide 18: Management Overview
MANAGEMENT OVERVIEW
Slide 19: Experienced Leadership Team
EXPERIENCED LEADERSHIP TEAM MR. GURMEET SINGH BHATIA (Founder & Promoter) Mr. Gurmeet Singh Bhatia, founder & promoter of Ajooni Biotech Limited, boasts a career spanning over 40 years, marked by a strategic mindset and a results-oriented approach. His leadership has been pivotal in expanding busine
Slide 20: Experienced Leadership Team
EXPERIENCED LEADERSHIP TEAM JASJOT SINGH GURSIMRAN SINGH (Chairman & Managing Director) (Director) Mr. Jasjot Singh has rich experience of over 14 years in the PURE VEG. Mr. Gursimran Singh has more than 12 years’ experience across animal animal healthcare, pharmaceuticals & biotechnology sectors. h
Slide 21: Experienced Leadership Team
EXPERIENCED LEADERSHIP TEAM RAMANDEEP SINGH IMTESHWAR SINGH BHATIA (Independent Director) (Independent Director) Mr. Ramandeep Singh, aged 36, serves as an Independent Director Mr. Imteshwar Singh Bhatia, aged 35, holding a Bachelor's degree in of company. Holding a Bachelor's degree in Arts, he bri
Slide 22: Experienced Leadership Team
EXPERIENCED LEADERSHIP TEAM PARTEK SINGH SIMMI CHHABRA (Independent Director) (Independent Director) Mr. Partek Singh, aged 33, serves the role of Executive and Non- Ms. Simmi Chhabra, aged 36, hold as an Independent Director within Independent Director within organization. Graduating with a esteeme
Slide 23: Business Overview
BUSINESS OVERVIEW
Slide 24: Pure Veg. Products
PURE VEG. PRODUCTS Ajooni has portfolio of a wide range of PURE VEG. Quality Cattle feed, PURE VEG. Cattle feed Chips, PURE VEG. Camel Feed, Cotton Oil Cake, Mustard Oil Cake & wide range of PURE VEG. Feed supplements to cover the entire life-cycle of an animal. HIGH ENERGY BALANCED PURE VEG. PURE V
Slide 25: Benefits of Pure Veg. Cattle Feed & Supplements
BENEFITS OF PURE VEG. CATTLE FEED & SUPPLEMENTS PROVIDES HOLISTIC PROMOTES ADDRESSES IMPROVES MILK TAKES CARE OF NUTRITION: GROWTH: NUTRITIONAL PRODUCTION: NUTRITIONAL NEEDS OF NEEDS OF CALVES PREGNANT COWS: & HEIFERS. PURE VEG. Cattle feed contains PURE VEG. Cattle feed contains Cows require dietar
Slide 26: Ajooni Own Product Portfolio
AJOONI OWN PRODUCT PORTFOLIO PURE VEG. FEED SUPPLEMENTS PURE VEG. CATTLE FEED 25
Slide 27: Product Revenue-Breakdown
PRODUCT REVENUE-BREAKDOWN FY22 In % FY23 In % FY24 In % 5.00 19.31 80.69 100.00 95.00 Supplements Feed & others Particulars FY22 FY23 FY24 Supplements 0 3,72,43,850 15,47,28,000 Feed & Others 74,03,77,674 70,76,33,141 64,64,17,000 Total 74,03,77,674 74,48,76,990 80,11,45,000 Investor Presentation 26
Slide 28: Industry Overview
INDUSTRY OVERVIEW
Slide 29: India Livestock Overview
INDIA LIVESTOCK OVERVIEW INDIA HAS A LARGE POPULATION OF CATTLE AND BUFFALOES INCLUDING MORE THAN 125 MILLION MILCH COWS AND BUFFALOES India has the world's largest number of livestock animals. The country also has the largest buffalo population of 110 million. With a cattle population of 192 millio
Slide 30: India Livestock Overview
INDIA LIVESTOCK OVERVIEW India has a large population of cattle and buffaloes including more than 125 million milch cows and buffaloes INDIA’S LIVESTOCK POPULATION: 2020 MAJOR INDIAN STATES’S LIVESTOCK POPULATION: 2020 In Millions In Millions Milch Cows and Buffaloes 125.34 Gujarat 26.9 Karnataka 29
Slide 31: Driving Growth: India's Pure Veg. Cattle Feed Industry Unveiled
DRIVING GROWTH: INDIA’S PURE VEG. CATTLE FEED INDUSTRY UNVEILED • The compounded cattle feed (CCF) industry is experiencing rapid growth across India, particularly in rural regions, indicating significant potential for branded cattle feed products. • With India having largest Cattle population Ranki
Slide 32: Global Animal Health Care Market Dynamics
GLOBAL ANIMAL HEALTH CARE MARKET DYNAMICS Global commercial feed The United Nations Food and The veterinary supplements The global market was valued manufacturing generates an Agriculture Organization (FAO) market is expected to reach at $ 19642 million in 2017, and estimated annual turnover of esti
Slide 33: Growth Drivers Animal Health Care Products
GROWTH DRIVERS ANIMAL HEALTH CARE PRODUCTS Shift from unorganized 1 livestock farming to the organized 2 Growing population & income 3 Growing food demand Highest Global Livestock Growing demand for PURE Growing demand for 4 Livestock 5 Population 6 VEG. Animal Nutrition MNC’s venturing Indian High
Slide 34: Financial Overview
FINANCIAL OVERVIEW
Slide 35: Profit & Loss Statement Q4 FY24 & FY24
PROFIT & LOSS STATEMENT Q4 FY24 & FY24 ALL FIGURES ARE IN ₹ CRORES PARTICULARS Q4 FY24 Q4 FY23 YOY% FY24 FY 23 YOY% Net Sales 19.58 41.26 80.11 74.49 Other Income 0.26 0.26 2.19 0.29 Total Income 19.84 41.52 (52.22)% 82.30 74.78 10.04% Operating Expenses Raw Material costs 15.48 38.48 70.34 65.74 Em
Slide 36: Profit & Loss Statement
PROFIT & LOSS STATEMENT ALL FIGURES ARE IN ₹ CRORES PARTICULARS FY22 FY23 FY24 Net Sales 74.04 74.49 80.11 Other Income 0.04 0.29 2.19 Total Income 74.08 74.78 82.30 Operating Expenses Raw Material costs 64.02 65.74 70.34 Employee Cost 1.48 1.76 1.80 Other Expenses 5.47 4.22 5.73 Total Expenditure 7
Slide 37: Balance Sheet
BALANCE SHEET ALL FIGURES ARE IN ₹ CRORES EQUITIES & LIABILITIES FY22 FY23 FY24 ASSETS FY22 FY23 FY24 Equity 10.01 17.52 17.52 Non Current Assets Reserves 6.38 24.15 25.18 Fixed assets 6.20 6.29 10.32 Net-worth 16.39 41.67 42.70 Capital work in progress 0.0 0.26 0.92 Non-current Liabilities Non-curr
Slide 38: Cash Flow Statement
CASH FLOW STATEMENT ALL FIGURES ARE IN ₹ CRORES PARTICULARS FY22 FY23 FY24 Cash Flow From Operating activities 3.68 -5.58 -3.95 Cash flow from Investing activities -1.89 -15.82 7.63 Cash flow from Financing activities -1.97 21.65 -3.56 Net Cash & cash equivalents -0.18 0.25 0.12 Cash & cash equivale
Slide 39: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS TOTAL INCOME (In ₹ Cr) EBITDA & EBITDA MARGIN 5.38 82.30 4.20 4.10 4.43 3.11 3.06 74.08 74.78 FY22 FY23 FY24 FY22 FY23 FY24 Total Income EBITDA (₹ Cr) EBITDA (%) PAT & PAT MARGIN PER SHARE MATRIX (In ₹) 2.64 4.76 4.87 1.42 2.17 1.5 1.05 1.12 1.87 1.05 0.13 0.25 FY22 FY23 FY2
Slide 40: Stock Data
STOCK DATA NSE: AJOONI | ISIN: INE820Y01021 As on 23-05-2024 SHARE HOLDING PATTERN As on 31-03-2024 Share Price (₹) 6.15 Market Capitalization (₹ Cr) 57.39 26.44 No. of Shares Outstanding 8,76,13,721 Promoter & Promoter Group Institutional Investor Face Value (₹) 2.00 73.56 52 week High-Low (₹) 6.90
Slide 41: The Way Forward
THE WAY FORWARD
Slide 42: Government Aid: Assistance Programs & Subsidies
GOVERNMENT AID: ASSISTANCE PROGRAMS & SUBSIDIES This new unit will be eligible for the following incentives: Interest Subvention scheme: National Livestock Mission Property Tax Exemption: Area: 3% interest Subvention to Scheme: GST Exemption: 100% Property tax exemption 87,000 sq. ft. cattle feed in
Slide 43: Transforming Waste into Treasure
TRANSFORMING WASTE INTO TREASURE Launching Green Feed- Strategic Partnership Collaboration With 1st Indian company to With The Avon Animal Health, Expanding New Product Introduce PURE VEG. 9636Esteemed One Of The Leading Manufacturing Plant & Development & R&D Initiatives Green Feed, Using National
Slide 44: Business Strategy & Future Plans
BUSINESS STRATEGY & FUTURE PLANS To improve operational efficiency by Targeting new domestic markets & Striving heard to grow by leveraging achieving economies of scale after deepen company’s presence in the our existing relationships by penetrating new catchment areas. existing markets and started
Slide 45: Business Strategy & Future Plans
BUSINESS STRATEGY & FUTURE PLANS • Actively exploring export opportunities in the Middle East, African countries, and other regions across Asia. Additionally, we are establishing a robust dealer and distributor network to promote their own brand in the domestic market • Intend to participate in Gove
Slide 46: Unique Selling Point of Ajooni Biotech Limited
UNIQUE SELLING POINT OF AJOONI BIOTECH LIMITED Company boasts several distinguishing features: • Our in-house lab, accredited by BIS, showcases cutting-edge technology for testing and validation, ensuring rigorous quality control from raw material assessment to finished product validation. This comm
Slide 47: Importance of Moringa
IMPORTANCE OF MORINGA Moringa is regarded as a miraculous tree due to the utilization of every part of it. • Renewable energy: Moringa oil is made from crushing moringa seed and moringa oil is having characteristics of making aviation oil. • Biodiesel from moringa oil. It is successfully used in dif
Slide 48: Strong Focus on R&D
STRONG FOCUS ON R&D Ajooni Has Strong Track Record For R&D In R&D The Company has On Continues basis The In R&D Ajooni is focused The Company is focusing professionals from Company has developed on developing cost on developing High value reputed universities, new products effective holistic product
Slide 49: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ajooni Biotech Limited (‘Ajooni/ ABL,’ the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 50: Thank you
Thank you Ajooni Biotech Ltd. D-118, Industrial Area, Phase-7, Mohali, Punjab – 160059 Phone: +0172-5020762 Website: www.ajoonibiotech.com E-mail: info@ajoonibiotech.com Contact : Vidit Gupta 9892266373