Krbl Limited · NSE:KRBL
Krbl — Q3 FY2016-17 Earnings Presentation
30 slides from Krbl's earnings presentation, Mar 3, 2017
Slide 1: Exchange filing cover letter
KRBLtimitea E:KRBL/BIBHU/STK_EX_1617/77 March 3, 2017 DN The General Manager National Stgck Exchange of India Limited BSE Limited “Exchangé Plaza”, C-1, Block-G Floor 25, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex Dalal Street, Mumbai — 400 001 Bandat (E), Mumbai-400051 i Scrip Code: 530813 "A b
Slide 2: Exchange filing cover letter (NSE)
KRBLtnnited E:KRBL/BIBHU/STK_EX_1617/77 March 3, 2017 National Stock Exchange of India Limited “Exchange Plaza”, C-1, Block-G Bandra-Kurla Complex Bandar (E), Mumbai-400051 Scrip Code: 530813 Symbol: KRBL Series: Eq. “a < Dear Sir/Madam, Sub: Corporate Presentation on Financial Results for the Third
Slide 3: Corporate Presentation December, 2016
Corporate Presentation December, 2016
Slide 4: Important Notice
IMPORTANT NOTICE Safe Harbor 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 KRBL Limited and its affiliated companies (“KRBL”) futu
Slide 5: Contents
CONTENTS Particulars Page No. Industry Analysis 4 Investment Highlights 5 Business Overview 6-8 Management & Board 9 Financial Overview 10-22 Highlights of Export & Domestic Market 23-27 3
Slide 6: Industry Analysis
INDUSTRY ANALYSIS No Threat of Substitute Products. Basmati Rice is just 2% of total Rice Production in the World Basmati Rice is GI Product and Grown only in India (70%) and Pakistan (30%). Simple product – no hi-tech processing required / no fad / processed food. Highest quality and high
Slide 7: Investment Highlights
INVESTMENT HIGHLIGHTS Leading Market Position Best-in-Class Operations World’s largest Rice Millers and Basmati Rice Exporters. India’s first fully integrated and scalable rice company. India’s largest selling Branded Basmati Rice Company. Rice manufacturing capacities of 195 MT per hour.
Slide 8: Business Overview
BUSINESS OVERVIEW Founded in 1889 in Faisalabad, Pakistan and incorporated in 1993, KRBL is India’s first integrated rice company. Engaged in seed development and multiplication, contact farming, production and marketing of Basmati rice. Being an integrated player, the Company generates value-
Slide 9: Awards and Recognition
re AWARDS AND RECOGNITION BASMATI RICE During FY 2015-16, KRBL Limited won several awards on account of its contribution to the Industry and its India Gate Basmati Rice as per below: Details 1. Guinness World Record for display of the heaviest bag of India Gate Basmati Rice (weighing 557 kg) in Gulf
Slide 10: Business Overview
BUSINESS OVERVIEW State Of The Manufacturing Facilities With Distribution Network In India And Across the World We export to 73 countries across the World Rice Business Plant Function Capacity Grading & Location (MTn/hr) Packing (MTn/hr) Gautam budh Rice Processing 45 30 Nagar, UP Dhuri, Punjab Rice
Slide 11: Management & Board
MANAGEMENT & BOARD Extensive Management Expertise in Rice Industry and Operation Across the Value Chain Key Executive Back Ground Anil Kumar Mittal Visionary of the company, he provide strategic direction to all aspects of the business. Chairman and Over 42 years of experience in the Rice indust
Slide 12: Financial Overview: Financial Summary
FINANCIAL OVERVIEW Financial Summary (Rs. In Crores) IND AS IND AS 9 Month 9 Month OPERATING RESULTS ( FY 2016-17) ( FY 2015-16) ( FY 2016-17) ( FY 2015-16) (Consolidated) Q3 Q3 Gross Revenue 820.27 735.25 2358.15 2653.50 (Including Other Income) EBITDA 181.74 73.20 475.65 355.84 EBITDA Margin (%) 2
Slide 13: Financial Overview: Operating Results
FINANCIAL OVERVIEW (Rs. in Crores) Operating Results (Consolidated) FY 2013 FY 2014 FY 2015 FY 2016 Operating Revenue from Operation 2,080.39 2,910.46 3,197.19 3,428.13 Other Income 10.73 14.54 6.11 7.51 Total Income 2,091.12 2,925.00 3,203.30 3,435.64 Operating Expenditure 1,787.01 2,469.91 2,671.4
Slide 14: Financial Overview: Financial Results
FINANCIAL OVERVIEW (Rs. In Crores) Financial Result (Consolidated) FY 2013 FY 2014 FY 2015 FY 2016 Fixed Assets (Incl. CWIP) 457.75 577.01 753.30 875.30 Current Assets, Loans & Advance 1,522.13 2,091.59 2,286.97 2,098.55 Gross Capital Employed 1,979.88 2,668.60 3,040.27 2,973.85 Current Liabilities
Slide 15: Key Performance Indicators (Quarter)
FINANCIAL OVERVIEW Key Performance Indicators (For Quarter Ended December 2016) Consolidated:- The Company achieved total revenue of Rs.800.03 crores in this quarter as compared to Rs. 733.17 crores same quarter last year. YoY - increased by 9% Company achieved EBIDTA of Rs.181.74 crores in this
Slide 16: Key Performance Indicators (Nine Months)
FINANCIAL OVERVIEW Key Performance Indicators (For Nine Months Ended December 2016) Consolidated:- The Company achieved total Revenue of Rs. 2236.76 crore in this period as compared to Rs. 2647.91 crore same period last year. YoY – Down by 15%. Company achieved EBIDTA of Rs. 475.65 crore in this
Slide 17: Revenue Growth and Margin Trends
FINANCIAL OVERVIEW Revenue Growth and Margin Trends Operating Revenue (Rs. In Crores) 3,197 3,428 2,910 2,080 FY 13 FY 14 FY 15 FY16 15
Slide 18: Unit Export Value Realization
FINANCIAL OVERVIEW Unit Export Value Realization (Rs./Kg) 97.91 90.66 77.98 74.54 73.09 64.27 56.1 56.15 FY 13 FY 14 FY 15 FY 16 Industry KRBL 16
Slide 19: Achieved Strong EPS Growth
FINANCIAL OVERVIEW Achieved Strong EPS Growth EPS ( in Rs.) 13.67 14.33 10.84 5.36 FY 13 FY 14 FY 15 FY 16 17
Slide 20: Return on Capital Employed and Return on Equity
FINANCIAL OVERVIEW Return on Capital Employed Return on Equity 19.50% 19.58% 18.26% 27.81% 27.64% 23.16% 16.97% 16.48% FY 13 FY 14 FY 15 FY 16 FY 13 FY 14 FY 15 FY 16 Growth of the Company 3,428 2,080 FY 13 FY 16 18
Slide 21: Gross Fixed Assets Growth
FINANCIAL OVERVIEW Gross Fixed Assets Growth (Rs.in Crores) 1,125 1,296 898 722 FY 13 FY 14 FY 15 FY 16 Asset utilization to improve with higher capacity utilization Dhuri Plant expected to be at 70% utilization level by FY18, leading to improved EBIDTA margin UP plant at 100% utilization leve
Slide 22: Balance Sheet Strength
FINANCIAL OVERVIEW Balance Sheet Strength (Rs. In Crores) Asset Buildup Net Worth 1,624 1860 1744 1690 1,325 1260 1,045 830 875 753 577 458 340 287 254 195 118.37 77 87 66 82 13 7 8 24 7 28 7 FY 13 FY 14 FY 15 FY 16 Inventory Loan & Advances Cash & Bank Balances FY 13 FY 14 FY 15 FY 16 Sundry Debtor
Slide 23: Shareholding Pattern and Market Data
FINANCIAL OVERVIEW Shareholding Pattern Market Data (as on 16-1-2017) Market Cap (Rs. in Million) 88447.74 Promoters Share Price (Rs.) 375.75 17.21 Bank, FI, Insurance & Mutual Funds Book Value Per Share (Rs) (31.12.2016) 76/46 Foreign institutional Investors 17.43 52 Week High / Low (Rs.) 394.90/17
Slide 24: Company Analysis
FINANCIAL OVERVIEW Company Analysis (Rs.In Million) 2016 2015 2014 2013 2012 2011 CAGR 5y Total 34,281 31,597 29,105 20,804 16,310 15,513 17% Income PBIDT 5,406 5,318 4,551 3,041 2,373 2,416 17% PAT 3,370 3,217 2,551 1,298 730 1,203 23% Cash Profit 3,871 3,744 3,120 1,804 1,175 1,562 20% RoE % 23 27
Slide 25: Highlights of Export Market
HIGHLIGHTS OF EXPORT MARKET India Gate #1 Indian Basmati India Gate #1 Indian Basmati 12% export share of the largest brand in UAE. 30% market share brand in Kuwait. 21% market market of Basmati in the world – share Saudi Arabia. India Gate Classic is the most aspirational brand in Saudi Arabia Indi
Slide 26: Highlights of Export Market
HIGHLIGHTS OF EXPORT MARKET India Gate #1 Indian basmati India Gate #1 Indian Basmati brand in Lebanon. Has 30% brand in Canada both in Modern Dominance in the Australasia market share of Modern Trade. and Ethnic market region. India Gate # 1 brand in Australia and New Zealand KRBL brands have marke
Slide 27: Highlights of Domestic Market
HIGHLIGHTS OF DOMESTIC MARKET (Source: AC Nielsen MAT March 2016 data) 25
Slide 28: Highlights of Domestic Market
HIGHLIGHTS OF DOMESTIC MARKET (Source: AC Nielsen MAT March 2016 data) 26
Slide 29: Highlights of Domestic Market
HIGHLIGHTS OF DOMESTIC MARKET (Source: AC Nielsen MAT March 2016 data) 27 27
Slide 30: Contact Details
Contact Details KRBL Limited C-32, 5th Floor, Sector – 62, Noida Uttar Pradesh (U.P.) - 201 301 Contact Person Rakesh Mehrotra Chief Financial Officer Tel: +91-120- 4060 371, Mob. +91 98736 87721 E-mail: mehrotra@krblindia.com 28