Prataap Snacks Ltd. · NSE:DIAMONDYD
Prataap Snacks — Q1 FY2019 Earnings Presentation
22 slides from Prataap Snacks's earnings presentation, August 2018
Slide 1: Prataap Snacks Limited Q1FY19 Results Presentation
PRATAAP SNACKS LIMITED Q1FY19 - Results Presentation August-2018
Slide 2: Disclaimer
Disclaimer Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ ma
Slide 3: Contents
Contents Company Overview 4 Industry Overview 13 Q1FY19 Results Performance 16 3
Slide 4: Company Overview
Company Overview 4
Slide 5: Company Snapshot
Company Snapshot 5 year revenue SKU’s Manufacturing Market Leader in CAGR facilities Rings States Super Stockists Distributors Packets sold per day Diverse Product Portfolio Focus On Product Innovation Pan India Distribution Network Core Management With Deep Domain Expertise Strategically Located Ma
Slide 6: Diverse Product Portfolio
Diverse Product Portfolio POTATO CHIPS CHULBULE* RINGS, KURVES NAMKEEN* PELLET SNACKS NACHOS YUM-PIE & PUFF* Potato based Rice grit & Corn grit Gram based# Wheat based Made from Cake with snack Corn grit based snack corn tortillas Jam & based snack SKUs: 23 SKUs: 2 chocolate SKUs
Slide 7: Focus On Product Innovation
Focus On Product Innovation Namkeen • Banana Wafer Black Pepper • Banana Wafer Salted Namkeen • Garlic Sev • Cornflake Mixture Potato Chips Mamra • Cream & • Mitha Falahar • Masala Matar • Bhel Ring Onion • Gatiya • Mango • Nimbu Potato Chips • Sev Murmura Masala Chutney Kurves Masala • Tasty Punch
Slide 8: Pan India Distribution Network
Pan India Distribution Network 1 States* 10 1 5 6 8 1 Super Stockist 19 29 7 4 3 6 2 11 1 4 1 1 Distributors 87 1 1 7 Region No. of States / UT No. of Super Stockists 2 1 North 7 53 2 6 East 12 39 South 5 18 7 1 West 5 125 *Includes one Union Territory, Map not to scale 8
Slide 9: Strategically Located Manufacturing Facilities
Strategically Located Manufacturing Facilities Madhya Pradesh Assam West Bengal Karnataka Gujarat Ahmedabad (I&II) Indore Guwahati (I&II) Kolkata (I&II) Bangalore (I&II) Distribution benefits • Caters to the Eastern Contract Manufacturing Zone • Caters to the Northern and Western Zones • 7%-8% busin
Slide 10: Core Management With Deep Domain Expertise
Core Management With Deep Domain Expertise Corporate functions Arvind Mehta Amit Kumat Apoorva Kumat Subhashis Basu Sumit Sharma Chairman & Executive Director Managing Director & CEO President - Operations COO CFO Over 29 years of experience in Over 21 years in Snack Several years in Snack Around 26
Slide 11: Guided By An Accomplished Board Of Directors
Guided By An Accomplished Board Of Directors Arvind Mehta Amit Kumat Chairman & Executive Director Managing Director & CEO Over 29 years of experience in real Over 21 years in the snacks foods estate business along with over 13 industry years in the snack foods industry and in the financing business
Slide 12: Prataap Snacks' Evolution
Prataap Snacks’ Evolution Successful IPO – Sequoia’s initial oversubscribed 47x; investment of Rs. Doubled the listed on NSE & BSE on 620 mn capacity of Potato Oct 5, 2017 Prataap Snacks Chips plant at Prakash Snacks Indore from Launched Yum-Pie, a incorporated. Prataap Snacks 6,000MT per variety of
Slide 13: Industry Overview
Industry Overview jn Eh ITE
Slide 14: Trends In The Indian Organised Snacks Market
Trends In The Indian Organised Snacks Market Rs.220 Bn organized snack market, contributes to only ~40% of the Rs.550 Bn total snack market Category/ product* Region* Sales channels* 2% 3% Chips Independent 5% small grocers 7% Supermarkets 30% Extruded snacks 36% 10% Hypermarkets Namkeen & tradition
Slide 15: Backed By Strong Demographic Tailwinds in India
Backed By Strong Demographic Tailwinds in India Rising Population of Youth and Large and Growing Population 1,289 Children¹ 1,274 Total Population 1,256 584 1,238 583 Population 1,220 580 (million) 577 (million) 574 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 2013-2018 CAGR: 1.4% 2013-2018 CAG
Slide 16: Q1FY19 Results Performance
Q1FY19 Results Performance 16
Slide 17: CEO's Message
CEO’s Message Commenting on Q1FY19 performance, Mr. Amit Kumat - Managing Director, Prataap Snacks Limited said: “We have started FY19 on a positive note with revenues growing at 18.6% y-o-y in the first quarter as against growth of 15.5% for Fiscal year 2017- 2018. This growth has been on the back
Slide 18: Abridged P&L Statement
Abridged P&L Statement Y-o-Y Particulars Q1FY19 Q1FY18 Change (%) Income from Operations 2,686.1 2,264.1 18.6% Raw Material Cost 1,864.4 1,541.2 21.0% Gross Profit 821.7 722.9 13.7% Gross Margins 30.6% 31.9% (130) Bps Operating EBITDA 181.0 199.0 (9.0)% Operating EBITDA Margins 6.7% 8.8% (210)Bps De
Slide 19: Financials – FY19 Performance
Financials – FY19 Performance Sales / Income from Gross Margin (%) Operations 2,264.1 2,686.1 32.0% 30.6% Q1FY18 Q1FY19 Q1FY18 Q1FY19 ▪ Income from operations grew by 18.6% qoq to Rs. 2,686.1 mn ▪ Gross margins contracted by 130 bps to 30.6% in Q1FY19 due to increase in a few key raw material costs
Slide 20: Financials – FY19 Performance
Financials – FY19 Performance EBITDA Margin (%) PAT Margin (%) 8.8% 4.3% 6.7% 3.9% 199.0 181.0 97.6 103.9 Q1FY18 Q1FY19 Q1FY18 Q1FY19 ▪ EBITDA for Q1FY19 was lower by 9% qoq at Rs. 181 mn ▪ PAT grew by 6.4% qoq to Rs. 103.9 mn on account of lower interest cost CONSLIDATED FINANCIALS, IN RS. MILLION
Slide 21: About Prataap Snacks Ltd.
About Prataap Snacks Ltd. Prataap Snacks Ltd. (PSL) is a leading Indian Snack Foods Company. It offers multiple variants of products across categories of Potato Chips, Extruded Snacks, Namkeen (traditional Indian snacks) under the popular and vibrant Yellow Diamond Sumit Sharma brand. It has recentl
Slide 22: Thank You
Thank You 22