Sharda Cropchem Ltd. · NSE:SHARDACROP
Sharda Cropchem — Q3 FY2017 Earnings Presentation
15 slides from Sharda Cropchem's earnings presentation, January 2017
Slide 1: Q3 & 9M FY17 Results Update
Q3 & 9M FY17 RESULTS UPDATE JANUARY 2017
Slide 2: Disclaimer
DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by Sharda Cropchem Limited (“Sharda” or “the Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financ
Slide 3: Discussion Summary
DISCUSSION SUMMARY Q3 & 9M FY17 Results Highlights Q3 & 9M FY17 Consolidated Financials About Us Business Model Business Strategy & Outlook 3
Slide 4: Q3 & 9M FY17 Results: Key Highlights
Q3 & 9M FY17 RESULTS: KEY HIGHLIGHTS Q3 FY17 YoY ANALYSIS REVENUES & GROSS MARGIN EBITDA & EBITDA MARGIN * PAT & PAT MARGIN 33.9% 35.0% 13.8% 6.6% 7.2% 14.6% 2,429.3 175.7 1,817.5 33.7% 42.3% 355.7 119.3 47.3% 250.0 Q3 FY16 Q3 FY17 Q3 FY16 Q3 FY17 Q3 FY16 Q3 FY17 Revenues Gross Margin % EBITDA EBITD
Slide 5: Q3 & 9M FY17 Results: Key Highlights
Q3 & 9M FY17 RESULTS: KEY HIGHLIGHTS FINANCIAL UPDATE - • Q3 FY17 Total Revenues increased significantly by 33.7% YoY to Rs. 2,429.3 mn primarily driven by volume growth of 30.8%, and favourable currency movement of 1.2%. – Region-wise growth – Europe (15.8%), NAFTA (65.5%), LATAM (22.2%), ROW (29.0
Slide 6: Q3 & 9M FY17 Results: Revenue Analysis
Q3 & 9M FY17 RESULTS: REVENUE ANALYSIS AGROCHEMICALS VS. NON-AGROCHEMICALS GEOGRAPHICAL PRESENCE – AGROCHEMICAL SALES Revenues Agrochemical From Operations 1,809.8 2,376.6 6,928.5 7,965.1 Revenues 1,371.0 1,829.6 5,588.1 6,452.7 24.2% 23.0% 19.3% 19.0% 20.4% 19.6% 14.3% 11.4% 16.9% 17.4% 22.2% 17.5%
Slide 7: Consolidated Profit & Loss Statement
CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (In Rs Mn) Q3 FY17 Q3 FY16 YoY % 9M FY17 9M FY16 YoY % Revenue from Operations 2,376.6 1,809.8 31.3% 7,965.1 6,928.5 15.0% Other Operating Income 52.7 7.7 580.7% 79.9 60.6 32.0% Total Revenues 2,429.3 1,817.5 33.7% 8,045.0 6,989.1 15.1% COGS 1,580.2 1
Slide 8: About Us
ABOUT US
Slide 9: About Us: Company Overview
ABOUT US: COMPANY OVERVIEW Sharda Cropchem Limited is a global crop protection chemical company largely operating across Europe, NAFTA and Latin America across fungicides, herbicides and insecticides. Sharda operates with an asset light business model focused on identification and registration o
Slide 10: About Us: Financial Summary
ABOUT US: FINANCIAL SUMMARY REVENUE FROM OPERATIONS EBITDA & EBITDA Margin PAT & PAT Margin CAGR: 19 % 12,186 CAGR: 22 % CAGR: 26 % 10,611 20.0% 19.5% 21.9% 11.2% 10.8% 14.1% 11.6% 14.4% 18.0% 16.3% 7,777 7,904 2,669.1 1,750 6,135 1,111 1,230 1,542.6 1,726.5 1,225.0 1,399.8 687 844 FY12 FY13 FY14 FY
Slide 11: About Us: Shareholding Structure
ABOUT US: SHAREHOLDING STRUCTURE As on 30th January Key Institutional Investors – 31st December 2016 % Holding Market Data 2017 (BSE) DSP Blackrock Investment Manager 7.14% Market capitalization (Rs Mn) 42,268.3 HDFC MF 4.31% Price (Rs.) 468.5 Pinebridge 2.55% No. of shares outstanding (Mn) 90.2 Gol
Slide 12: Differentiated Business Model: Asset Light Model
DIFFERENTIATED BUSINESS MODEL: ASSET LIGHT MODEL Agrochemical Value Chain Sharda’s Operating Area Basic & Active Formulation & Marketing & Applied Identification Registration Ingredient Packaging Distribution Research Manufacturing Sharda’s Model: ASSET LIGHT BUSINESS MODEL Demand Pulled / Customer
Slide 13: Business Strategy & Outlook
BUSINESS STRATEGY & OUTLOOK Leverage market presence and execution capabilities. Forward Integration - Adopt the factory-to-farmer approach and be a one-stop solution provider. Build own Sales Force Strategy on-ground in Mexico, Colombia, Hungary, Spain, Poland, Italy, Portugal, USA & India. E
Slide 14: About Us: Our Presence
ABOUT US: OUR PRESENCE + dd
Slide 15: Contact details
Mr. Conrad Fernandes Mr. Nilesh Dalvi / Mr. Yashesh Parekh Chief Financial Officer IR Consultant Email: cfernandes@shardaintl.com Email: nilesh.dalvi@dickensonir.com Contact No: +91 22 6678 2800 yashesh.parekh@dickensonir.com Contact no: +91 9819289131 / 8108321555