Pi Industries Limited · NSE:PIIND
Pi Industries — Q3 FY2023 Earnings Presentation
20 slides from Pi Industries's earnings presentation, February 2023
Slide 1: PI Industries Ltd. Investor Presentation Q3 FY23 Results
PI Industries Ltd. Investor Presentation Q3 FY23 Results
Slide 2: Agenda
AGENDA CDR India Siddharth Rangnekar • Financial Performance siddharth@cdr-india.com Nishid Solanki • CSM Exports nishid@cdr-india.com Tel: +91 22 6645 1221 /1209 • Domestic Agri Brands Fax: +91 22 6645 1213 PI Industries Limited • Business Model and Strategy Rajnish Sarna r.sarna@piind.com • ESG Cr
Slide 3: Sustained growth momentum..on track to exceed full year guidance
Sustained growth momentum..on track to exceed full year guidance.. Figures in Rs Million Revenue EBITDA PAT Q3FY23 16,132 19% 4,156 40% 3,518 58% YTM 9MFY23 49,264 26% 12,049 43% 9,490 48% Surge in new Commercialised S&P Global Corporate 20%+ revenue from enquiries three new products Sustainability
Slide 4: Demand traction in exports driving growth in Q3FY23
Demand traction in exports driving growth in Q3FY23 CONSOLIDATED Fig in Rs Million Q3FY22 Q3FY23 % YOY ▪ Overall 19% Y-o-Y revenue growth Revenue 13,563 16,132 19% ▪ 23% growth in Exports Gross Margin 46% 47% 73 bps o Led by volume growth of ~9% and ~14% coming from price, Overheads 3,331 3,456 4% c
Slide 5: Overall ~26% growth in revenue and ~43% growth in EBITDA in 9MFY23
Overall ~26% growth in revenue and ~43% growth in EBITDA in 9MFY23 CONSOLIDATED Fig in Rs Million 9MFY22 9MFY23 % YOY ▪ 30% growth coming from Exports due to scale up of existing products and introduction of 3 new products Revenue 39,043 49,264 26% o Volume growth of ~18% and price, favourable produ
Slide 6: Strong Balance sheet with improved capital efficiency
Strong Balance sheet with improved capital efficiency.. 3xCONSOLIDATED increase in cash flow from operating activities Fig in Million Dec-22 Mar-22 Dec-21 Highlights of 9MFY23 Shareholders Fund 69,716 61,204 59,438 ▪ Total capex for 9MFY23 is Rs. 2,585 million (9MFY22 Rs. 2,280 million) Non Current
Slide 7: World class R&D set up and technological capabilities driving growth
World class R&D set up and technological capabilities driving growth in future business pipeline State-of-the-art R&D Specialized department of IT Kilo Lab & Pilot Plant R&D Lab at Udaipur experts focusing on advanced data management NABL ISO 17025 Accredited 500+ and GLP certified Scientists & Rese
Slide 8: Continued thrust on sustainable best-in-class manufacturing practices
Continued thrust on sustainable best-in-class manufacturing practices ensuring uninterrupted scale-up Fully integrated state-of-art manufacturing Digital Edge facilities Adaptive Controls to optimize Yield, Quality, Energy & Throughput 15 MPPs ISO 9001: 2015 Fully DCS automated plants certification
Slide 9: Portfolio of specialized products and robust pipeline of new products
Portfolio of specialized products and robust pipeline of new products driving growth in Domestic revenues Crop Solution Approach PI has one of the most comprehensive • Focus on target crops such as Cotton, Rice, Chilli portfolios for Chilli Pioneering innovative products in Horticulture and Wheat cr
Slide 10: All new launches as per plan
All new launches as per plan..one of the highest in the industry in a year Revolutionary insecticide: Herbicide with pre-emergence to Combination Fungicide with JIVAGRO: Bringing technological post-emergence application on Dual action insecticide for Cotton excellent curative control against Novel m
Slide 11: Implementing integrated program for Digital Edge capability
Implementing integrated program for Digital Edge capability Application modernization Adoption of Cloud • Microservice based architecture • Scalable IT Infrastructure • API based integration with third party • Ability to experiment and innovate faster applications • Business continuity • New UI/UX •
Slide 12: Outlook remains positive
Outlook remains positive… • Growth to be driven by portfolio of new product launches over the last 2 to 3 years Domestic: • “Dual growth engine” with focusing on horticulture segment with enhanced portfolio Focus on portfolio diversification with launch of • Commodity prices to remain robust owing t
Slide 13: Performance underpinned by PI's Compass
Performance underpinned by PI’s Compass Purpose Reimagining a healthier planet Vision Lead with science, technology and human ingenuity to create transformative solutions in life sciences Capabilities Partner centric First to identify and deliver on latent needs of our customers and partners Science
Slide 14: Presence across the Agchem value chain
Presence across the Agchem value chain Strong focus on customer needs and continuous innovation Domestic Agri CSM Exports Brands Regulatory services Marketing & Discovery Development Scale-up Manufacturing Evaluation & Trials & Registrations Distribution Customer Needs Business Strategy Consistent Q
Slide 15: Business model built on the principles of respect for IP and established relationships
Business model built on the principles of respect for IP and established relationships Leading Agchem Distribution India’s largest CRAMS Company Company in India with Domestic Brand Market with majority revenue from Exports Market leading market share in Patented Products certain crops Leveraging ou
Slide 16: Pursuing Multi-pronged growth strategy
Pursuing Multi-pronged growth strategy.. Build Market Build • Asset Explore and exploit • Customers Value-chain • Expansion • Customer relationship – Add Products • Creation Customer Intimacy untapped chemistry Management – Digitization • Segments Product & areas • Process – Strategic tie ups Custom
Slide 17: PI's focus on ESG principles is winning accolades
PI’s focus on ESG principles is winning accolades.. ranked among the best ESG rated companies globally • Extensive tree plantation in and around • S&P Global Corporate Sustainability Assessment S&P Global manufacturing units with focus on plantation (CSA) ranking improved in several areas such as: C
Slide 18: Rewards and Recognition
Rewards and Recognition TOP RATED PERFORMER INDIA‘s BEST CEO Promising Business Leader Chairman at CII-NR MR. MAYANK SINGHAL, Mr. Mayank Singhal Mr. Mayank Singhal VICE CHAIRMAN AND MD, recognised by The chosen as the Chairman at PI INDUSTRIES LTD. Economic Times as Asia's CII-NR Regional IS INDIA‘s
Slide 19: Our CSR efforts focused on community welfare & environment
Our CSR efforts focused on community welfare & environment Sustainable Agricultural Practices Skill Development • Operation Nalla Tamara • 90% placement of students Purugu: An integrated trained at Employability-linked approach for Chilli Black Thrips Skill Development Centre, Management Jambusar Ed
Slide 20: Thank You
Inspired by Science “% ~=Thank You