Adf Foods Limited · NSE:ADFFOODS
Adf Foods — Q4 FY2025 Earnings Presentation
39 slides from Adf Foods's earnings presentation, May 14, 2025
Slide 1: Cover letter to stock exchanges
14th May, 2025 AtJr F O ODS LT D. 'Jeedi_,Uf dw wodd.. National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Department of Corporate Services, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai - 400 051. Mumbai - 400 001. Symbol: ADFFOODS Scrip Cod
Slide 2: Investor Presentation Q4 & FY25
ADF Foods Ltd FOODS l TD. CJeedinry t/ie, w-0dd.. Investor Presentation Q4 & FY25 May 2025 1
Slide 3: Safe Harbor
Safe Harbor ~ I FOODS LTD. Ml119 th,wodd. . This presentation and th,e accompanying slid,es (the "Pres,entatwon"), which have be,en preparied by ADF FOODS LTD (tihe "Company'),. have been prepared solely £or information purposes and do not constitute any offer~recommendation or invitation to purchas
Slide 4: Contents
Contents 01 Company Overview 02 Q4 & FY25 Performance 03 Business Overview 04 CSR ADF 05 Our Growth Aspirations SC®UL March 2023 06 Annual Performance Highlights 3
Slide 5: Company Overview
FOODS LTD. Ml119 th,wodd. . Company Overview 4
Slide 6: ADF Snapshot
ADF Snapshot I Leading manufacturer of Cutting-edge Manufacturing & A Culinary Powerhouse with diverse prepared ethnic food Wide-reaching Distribution products 9-decade Vintage with origins dating back to 1932 Cutting-edge 400+ Product SKUs 2 Manufacturing Facilities Leading Manufacturer & Supplier
Slide 7: Q4 & FY25 Performance
FOODS LTD. Ml119 th,wodd. . Q4 & FY25 Performance 6
Slide 8: Q4 & FY25 Business Update (Standalone)
IQ4 & FY25 Business Update (Standalone ~ - - - - - - - - - - - - - - - - - - - ) ~ ~ OS LTD. t..Jl119th,wodd. . Stable Revenue Growth in Q4 FY25 INR 478.4 Crores INR 105.2 Crores INR 80.2 Crores FY25 Revenue from Operations EBITDA PAT 15.5% YoY Margin 22.0% Margin 16.8% INR 134.6 Crores INR 29.2 Cro
Slide 9: FY25 Financial Performance
FY25 Financial Performance Standalone Performance Revenue from Operations (Rs. Cr.) EBITDA (Rs. Cr.) & EBITDA Margin (%) PAT (Rs. Cr.) & PAT Margin (%) 21.7% 24.6% 22.0% 17.0% 19.2% 16.8% 102.0 105.2 478.4 79.6 80.2 414.1 353.3 76.8 60.0 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 Consolidated Perf
Slide 10: Q4 FY25 Financial Performance
Q4 FY25 Financial Performance Standalone Performance Revenue from Operations (Rs. Cr.) EBITDA (Rs. Cr.) & EBITDA Margin (%) PAT (Rs. Cr.) & PAT Margin (%) 24.7% 21.0% 21.7% 19.6% 16.7% 15.9% 134.6 31.8 25.3 129.0 29.2 21.5 25.5 20.2 121.1 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY
Slide 11: Segment Performance
Segment Performance I Processed Foods Distribution Revenue from Operations (Rs. Cr.) Revenue from Operations (Rs. Cr.) 139.9 132.7 131.7 21.0 19.2 15.8 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 ----------------------------------------------------------------------------.-----------------------
Slide 12: Business Overview
FOODS LTD. Ml119 th,wodd. . Business Overview 11
Slide 13: Business Divisions
I Business Divisions Business comprises core manufacturing i.e., processed foods business and agency distribution business. FOODS LTD. Ml119 th,wodd. . 2 Core Revenue Segments (Divisions) 1. Processed Foods 2. Distribution One of the largest Indian exporters of processed foods Strong presence in US
Slide 14: Ashoka: ADF Foods' Flagship Brand
Ashoka: ADF Foods' Flagship Brand I The Taste of Home for South Asian Diaspora Reinforcing Indian Heritage and Pioneering Growth I ~I Born in 1988, Ashoka quickly gained momentum as ADF Foods' flagship brand catering 1.~ WWW I to Indian palates globally. Ashoka Brand Sales (Rs. Cr.) ... __,,, ....
Slide 15: Ashoka: Bringing Authentic Indian Taste Abroad
Ashoka: Bringing Authentic Indian Taste Abroad I A Journey through India's Culinary Landscape FOODS LTD. Ml119 th,wodd. . PUNJABI SAMOSA 14
Slide 16: Ashoka: Marketing Initiatives
Ashoka: Marketing Initiatives Product sampling of flagship brand Ashoka 15
Slide 17: Ashoka: Marketing Initiatives
Ashoka: Marketing Initiatives Presence on Willow Digital for ICC Champions Trophy 2025 Social Media Presence l~ I DESI a, A~~IO TROPHY 16
Slide 18: Truly Indian: Unlocking Global Markets With Authentic Indian Flavours
Truly Indian: Unlocking Global Markets With Authentic Indian Flavours ~ I Bridging Cultures with Authentic Indian Taste Presence: FOODS LTD. t..Jl119 th,wodd. . Target Audience: Strong presence across Germany, Gaining strong traction in USA Exclusively targeted at the global mainstream populatio
Slide 19: Truly Indian: Marketing Initiatives
Truly Indian: Marketing Initiatives ~ I Truly Indian maximising visibility at expos and in stores FOODS LTD. t..Jl119 th,wodd. . B00tn#t44 ■ ~,~u,-:. ral "'"' ucts WEST 18
Slide 20: ADF Soul: Delicious, better-for-you packaged food products
~ I ADF Soul: Delicious, “better-for-you” packaged food products Target Audience: m'Ett5' crm 8 SKUs: FOODS LTD. Ml119 th,wodd. . EFlFFB Urban audience, residing in metropolitan cities, aged 30-55 years 22 SKUs of pickles (in Olive Oil & Sunflower Oil) and chutneys Health conscious and have hi
Slide 21: ADF Soul: Marketing Initiatives
ADF Soul: Marketing Initiatives Building customer base through Online community building through Launch of Frozen portfolio in select Modern digital marketing social media, using engaging content Trade Food & Drink Made better, tastes better. #ForYourSOUL @ www.soul-food s.i n and 4 more Followed by
Slide 22: ADF Soul's Expansion to Modern Trade
ADF Soul’s Expansion to Modern Trade ADF Soul is now available in select Modern Trade outlets, in Mumbai & Pune -rooa SOUAJ:1[ WOR L D FDOO IIARII ET D* Mart 21
Slide 23: Camel & Aeroplane: Our Other Esteemed Brands
Camel & Aeroplane: Our Other Esteemed Brands ~ I F OO DS LTD. Ml119 th,wodd. . Delighting Arabic Consumers for over 5 decades For Value-Seeking Middle Eastern Consumers Premium brand targeted at Arab audience Value for money brand targeted at Target Audience quality - conscious expat audiences in
Slide 24: Product Portfolio
Product Portfolio ~ I Select Key Products FOODS LTD. Ml119 th,wodd. . Ready-to-eat & Ready- Frozen Products Food Accompaniments Spices & Others to-cook Frozen snacks, Baked snacks Ready to eat vegetables & curries Pickles Spices- madras curry powder, Frozen Parathas & samosas Ready to ea
Slide 25: Manufacturing Facilities
Manufacturing Facilities I FOODS LTD. Ml119 th,wodd. . Plant 1 Nadiad, Gujarat Plant 2 Nasik, Maharashtra Total Built up area - ~26,000 Sqm* Total Built up area – ~12,000 Sqm* Frozen foods (Samosas, vegetables, snacks, parathas, Totally automated spice processing unit by Buhler, etc.); Meal
Slide 26: Ongoing CAPEX – Surat Greenfield expansion (Current Status)
Ongoing CAPEX – Surat Greenfield expansion (Current Status) Q4 FY25 Update – Expansion of the Greenfield facility is in full force and anticipated to begin operations in H2 FY26. 25
Slide 27: Quality Control & Certifications
Quality Control & Certifications ~ I Quality control certifications and processes ensure high standards and excellence in our industry FOODS LTD. Ml119 th,wodd. . Sede~ ssat SMETA~• 0 UKAS PRODUCT Food Safety CERTIFICATION CERTIFICATED ODDS 26
Slide 28: Warehousing Facilities
Warehousing Facilities Cold storage facility in New Jersey, USA Warehousing and Distribution Facilities • Combined area of 100,000 sq. ft for warehousing and distributing operations shared among two warehouses in Atlanta and New Jersey (NJ). • Enhanced capabilities through the establishment of a new
Slide 29: Distribution Business
Distribution Business Distribution Business ➢ Alongside the processed food business, ADF Foods has undertaken the agency distribution for a select FMCG company products whose ROCE is in line with own brands, broadening the overall portfolio ➢ Nationwide presence in USA, spanning both the West and Ea
Slide 30: CSR
FOODS LTD. Ml119 th,wodd. . CSR 29
Slide 31: Strengthening Communities, Creating a Sustainable Future
Strengthening Communities, Creating a Sustainable Future Commitment to Education Nutritional Assistance for Women empowerment & Health & Safety of children & youth the underprivileged Poverty alleviation ADF supports educational initiatives to Endorse healthcare programs for Collaboration with NGOs
Slide 32: Governed by experienced Board Of Directors
Governed by experienced Board Of Directors ~ I FOODS LTD. Ml119 th,wodd. . Bimal Thakkar Viren Merchant Jay Mehta Ameet Hariani Chairman, Managing Director and CEO Non-Executive Director Non-Executive Director Independent Director ➢ 40+ years of experience in domestic and export ➢ 40+ years of exper
Slide 33: Organisation Chart
Organisation Chart I CMD Sales and Manufacturing India Support Marketing operations Business Functions Senior Vice President USA Business 11 Country / Sales Managers Director Operations President CFO l GM – Sales & Strategy Canada : 1 Vice President Marketing Head Manufacturing CS, VP - Legal & HR U
Slide 34: Our Growth Aspirations
FOODS LTD. Ml119 th,wodd. . Our Growth Aspirations 33
Slide 35: Key Growth drivers
IKey Growth drivers L _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ~ FOODS LTD. Ml119th,wodd. . Potential to reach Rs. 1,000+ crores in FY27 Continuous & Strategic Brand Investments 1,000+ + Strengthening market presence through deeper penetration and enhanced shelf space across all brands. 100+ + ~180 +
Slide 36: Annual Performance Highlights
FOODS LTD. Ml119 th,wodd. . Annual Performance Highlights 35
Slide 37: Consolidated 4-year Financial Highlights
IConsolidated 4-year Financial Highlights ~ - - - - - - - - - - - - - - - - - - - - ~ ~ OS LTD. t..Jl119th,wodd. . Particulars (INR crores unless stated) FY22 FY23 FY24 FY25 Profit & Loss Highlights Revenue from Operations 421.2 450.3 520.3 589.6 Gross Profit 211.5 235.9 276.2 341.4 Gross Profit (%)
Slide 38: Consistent Shareholder Returns
IConsistent Shareholder Returns ~ - - - - - - - - - - - - - - - - - - - - ~ ~ OS LTD. Ml119th,wodd. . Value creation for Consistent shareholder value creation through dividend payouts and buyback of shares shareholders Rs. ~132 Cr. returned to our shareholders since FY 19 43.9 30.0 13.2 13.2* 8.8 11
Slide 39: ADF Foods Limited contact details
f ADF Foods Limited Ernst & Young LLP CIN: L15400GJ1990PLC014265 Investor Relations Advisory Mr. Shardul Doshi, CFO Ravi Udeshi Sumedh Desai shardul@adf-foods.com ravi.udeshi@in.ey.com Sumedh.desai@in.ey.com I 38