Dhanuka Agritech Limited · NSE:DHANUKA
Dhanuka Agritech — Q4 FY2020 Earnings Presentation
17 slides from Dhanuka Agritech's earnings presentation, Jun 10, 2020
Slide 1: Exchange filing cover letter for investor presentation
=4 Dhanuka Agritech Limited AN ISO 9001 : 2015 COMPANY Online Date: 10th June, 2_020 Listing Department The Department of Corporate Services- National Stock Exchange of India Limited Listing Exchange Plaza, The Bombay Stock Exchange Ltd. Plot No. C/1, G. Block, Phiroze Jeejeebhoy Towers, Bandra- Kur
Slide 2: Dhanuka Agritech Limited Q4 and FY2020 Earnings Presentation
Dhanuka Agritech Limited (DAL) (BSE: 507717; NSE: DHANUKA) Q4 and FY2020 Earnings Presentation June 10, 2020
Slide 3: Table of Content
Table of Content Content Page No. Performance Highlights 3–9 Company Overview 10 – 12 Financial Overview 13 – 14 2
Slide 4: Q4 and Full Year FY2020 Result Highlights
Q4 and Full Year FY2020 Result Highlights Q4 FY2019 vs Q4 FY2020 Revenue from Operations and Gross Margin EBITDA and EBITDA Margin PAT and PAT Margin 20.0% 43.0% 42.8% 20.1% 17.1% 42.5% 17.1% 13.9% 42.0% 42.0% 15.0% 41.5% 41.0% 40.5% 10.0% 40.0% 458 390 1,927 18% 2,276 330 39% 46% 39.5% 268 5.0% 39.
Slide 5: Managing Director's Message
Managing Director’s Message “Driven by the focus of winning customers through planned strategies, the Company’s financial performance continued to gain momentum quarter after quarter this year. The Company has registered 11.36% growth in Turnover this year, which shows Company’s initiatives have rea
Slide 6: Q4 and Full Year FY2020 Income Statement
Q4 and Full Year FY2020 Income Statement Particulars (Rs. million) Q4 FY2020 Q4 FY2019 YoY% FY2020 FY2019 YoY% Revenue from Operations 2,276 1,927 18.1% 11,201 10,058 11.4% COGS 1,301 1,118 16.4% 7,117 6,167 15.4% Gross Profit 975 809 20.4% 4,084 3,892 4.9% Gross Profit Margin (as a % of sales) 42.8
Slide 7: Performance Discussion
Performance Discussion FY2020 vs. FY2019 • Revenue from Operations during FY2020 grew by 11.4% Y-o-Y. Fungicides registered 10.4% Y-o-Y growth, Herbicides grew by 18.1% and Insecticides recorded a growth of 12.6% o Total volumes recorded a growth of 12.7% as against 1.4% last year • EBITDA: Higher o
Slide 8: FY2020 Revenue mix (By Geography and Segment)
FY2020 Revenue mix (By Geography and Segment) Rs. 10,058 mn Rs. 11,201 mn Rs. 10,058 mn Rs. 11,201 mn 12% 11% 31% 33% 29% 31% 12% 11% 16% 15% 29% 31% 43% 43% 28% 25% FY 19 FY 20 FY 19 FY 20 North South East West Insectisides Fungicides Herbicides Others • Focus is on expanding the share of fast grow
Slide 9: Innovation Turnover Index
Innovation Turnover Index New Molecules as a % of Total Revenue 20% 20% 17% 17% 13% 12% 11% FY14 FY15 FY16 FY17 FY18 FY19 FY20 • On an average, more than 15% of revenue contribution comes from new product launches • Acceptance of new molecules to result in increase of Innovation Turnover Index going
Slide 10: Update on COVID-19
Update on COVID – 19 Business Impact Initiatives Undertaken • Temporarily disruption in operations during the initial • Implemented various measures promptly to protect days of the lockdown which resulted in partial employees, communities and operations to ensure deferment of the Company’s revenues
Slide 11: Why Dhanuka Agritech?
Why Dhanuka Agritech? � � 00 o�o 00 Unique Asset Light Model Rural FMCG Play Diverse Product Portfolio Minimal investments required in fixed assets. 40 warehouses, 7,000+ distributors and 300+ registrations across Herbicides, Aim is to leverage strong formulation 80,000+ retailers to service the nee
Slide 12: Product Segments
Product Segments Herbicides Fungicides Insecticides Plant Growth Regulators Total number of Products 25 16 38 9 % of Revenues (FY2020) 31% 15% 43% 11% Barrier Craze, D-Era, Cursor, Dhanteam, Dhanuka Aaatank, Adfyre, Apple, Dhanutop, Fuzi Super, Maxx- M-45, Dhanustin, Areva, Bombard, Caldan, soy, Nab
Slide 13: Top 10 Brands contribute 33% of Total Revenues
Top 10 Brands contribute 33% of Total Revenue s � Herbicides Insecticides Plant Growth Regulator • 12
Slide 14: FY2020 Balance Sheet and Return Ratios
FY2020 Balance Sheet and Return Ratios Figures in Rs mn Sep-19 Mar-20 CFO/EBITDA (%) Short Term Debt 70 80 100% Long Term Debt - - 93% 83% 83% Total Debt 70 80 Cash & Cash Equivalent 22 263 37% Net debt/ (Net Cash) 48 (183) 9% Equity 7,133 7,077 Total Debt/Equity 0.01x 0.01x FY 15 FY 16 FY 17 FY 18
Slide 15: Annual P&L Trend: Focus on Profitable Growth
Annual P&L Trend: Focus on Profitable Growth Revenue from Operations and Gross Margin EBITDA and EBITDA Margin 50.2% 16.9% 17.0% 17.0% 16.8% 42.4% 15.5% 39.0% 38.7% 14.5% 37.3% 36.5% 11,201 1,699 1,661 1,735 10,008 9,762 10,058 1,317 1,398 1,460 7,851 8,288 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 15
Slide 16: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Dhanuka Agritech Limited (“Dhanuka Agritech” or the Company) future busin
Slide 17: Dhanuka Agritech Limited
Dhanuka Agritech Limited (CIN: L24219DL1985PLC020126) 14th Floor, Building 5A DLF Cyber Terrace, Cyber City DLF Phase III Gurgaon- 122002 (Haryana)