Modi Naturals Limited · NSE:MODINATUR
Modi Naturals — Investor Presentation (December 2015)
39 slides from Modi Naturals's investor presentation, December 2015
Slide 1: Modi Naturals Ltd. Investor Presentation
Modi Naturals Ltd. Investor Presentation – December 2015 India’s Finest Range of Branded Edible Oils Company
Slide 2: Index
modi naturals Index & Executive Summary eg ‘es! Company Overview => Business Overview es Industrial overview | Financial Overview
Slide 3: Executive Summary
Executive Summary Company • Modi Naturals Limited (MNL) was incorporated in 1974 by Mr. D.D Modi. The company is in the business of manufacturing & marketing of edible oils and de-oiled cakes. • In 2010, MNL launched its first branded edible oil and has since then increased its focus from non-brande
Slide 4: Our Brands
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Slide 5: Index
Index Executive Summary Company Overview Business Overview Industrial overview Financial Overview 5
Slide 6: Company Snapshot
Company Snapshot • Modi Naturals Limited (MNL) was Incorporated in 1974 by Mr. D.D Segmental Sales Break Up – FY15 Modi, the visionary entrepreneur of the Modi Group, and is headquartered out of New Delhi, India. Branded, 18% • The company began its operations in 1974 with an oil mill and a solvent
Slide 7: Transforming from Commodity to Branded Biz.
Transforming from Commodity to Branded Biz. 2016 (P) •Branded:0% •Planned: •Non-Branded: 100% •Branded: 30% •Branded:70% •Non-Branded: 70% •Non-Branded: 30% 2010 2020 (P) Edible oils are generally considered to be a commodity business… However, MNL is creating niche brands in edible oils and blended
Slide 8: Key Milestones
Key Milestones 2011- onwards 2003-2010 2012 Launched Oleev 2005 (Oleev pomace, 1993-2002 Oleev Extra light & Establishment of oil Oleev extra virgin) 1986- 1992 1992 mill in Pilibhit, U.P. 2013 Establishment of 2009 physical refinery in Launching of cooking 1974- 1985 1990 Launch of Refined oil bran
Slide 9: Board of Directors
Board of Directors Mr. Anil Modi (Chairman and Managing Director) - one of the founding members of Anil Modi Oil Industries Limited, is the guiding force behind Modi Naturals. He brings with himself 3 decades of invaluable experience in the business. He is also on the Board of Halwasiya Properties P
Slide 10: Manufacturing Process & Infrastructure
Manufacturing Process & Infrastructure Acid Crude Degum Pre De- Deodori Post De- Refined Extraction Conditioning Blending Packaging Oil ming waxing zing waxing oil & Bleaching Refining Process Packaging Capacity Manufacturing Capacity Brands Category SKU Oleev Extra Virgin 500 ml Glass Bottle Refine
Slide 11: Facilities & Distribution Network
Facilities & Distribution Network MNL has a state of the art edible oil manufacturing facilities at Pilibhit, U.P. The Company has a strong distribution presence across the country, majorly in the North followed by the West and East Geographical Presence • North and Central Indian- Delhi, Punjab, Ra
Slide 12: Presence in Modern Trade
Presence in Modern Trade The company is already supplying its products to some of the leading retail chains in India: 12
Slide 13: Presence in E-Commerce
Presence in E-Commerce The company is already supplying its products to some of the leading online retail chains in India: 13
Slide 14: Food Safety & Quality Control
Food Safety & Quality Control The company is fully backward-integrated with world class facilities such as oil mills, ISO 9001: 2008 , HACCP for Quality solvent plants, refineries and packaging units. The company is one of the largest Management importers of olive oil in India. MNL has all the requi
Slide 15: Key Strengths
Key Strengths •30+ years of •End-to-end •Availability of key •Moving away from •Already made management manufacturing raw materials near commodity nature of investments over the expertize in the facility from crushing, the manufacturing business to premium last 3-5 years into edible oil business ref
Slide 16: Future Growth Strategy
Future Growth Strategy With the launch of the new Leverage distribution network to brands of packaged edible oils, launch oil and non-oil, food & the focus is slowly tilting more non- food products. towards enhancing value through well branded consumer focused products By increasing its foothold acr
Slide 17: Index
Index Executive Summary Company Overview Business Overview Industrial overview Financial Overview 17
Slide 18: Business Structure: Branded and Institutional
Segments & Products Business Structure Branded Institutional Rice Rice Sunflower Mustard Oleev Olivana Rizolo Miller Tarai Bran Bran Oil Oil Wax Oleev Oleev Oleev Oleev Tarai Tarai Extra Extra Active Pomace Shudh Tasty+ Light Virgin 18
Slide 19: Oleev Active
Oleev Active Oleev Active Products • Oleev Active is an exclusive blend of Oleev Olive oil and Rice Bran oil, specially created to fulfill the demands of modern lifestyle. • Oleev Active has an EnergoculesTM formula, which gives a special composition to Oleev active making it rich in Linoleic Acid.
Slide 20: Fatty Acids of Various Edible Oils
Fatty Acids of Various Edible Oils SFA – Saturate Fatty Acids; MUFA – Monounsaturated Fatty Acids; PUFA – Polyunsaturated Fatty Acids 20
Slide 21: Olive Oil + Rice Bran Oil: Healthiest Combination
Olive Oil + Rice Bran Oil: Healthiest Combination Olive Oil • Health benefits attributed to the presence of antioxidants and monounsaturated fatty acids. • Naturally free of cholesterol, salt, sugar, gluten and trans fats , which are harmful to health. • MNL Brands: Oleev Extra Light Olive oil, Olee
Slide 22: Oleev
Oleev Oleev Pomace Oil Products • Processed with an extremely high quality refining technique, Oleev Pomace Oil has a very neutral flavour rendering it perfect for all types of cooking. • Possesses high smoke point which makes it ideal for deep frying. Since it is also rich in nutrients like Vitamin
Slide 23: Olivana Wellness
Olivana Wellness Olivana Wellness Products • Olivana wellness", a 100% Pure Olive Oil Made from special ingredients & with super fine quality of pure imported olive oil from Spain, Italy and other Mediterranean countries. Benefits: • Best for food dressing & perfect choice for body massage. • Superf
Slide 24: Rizolo
Rizolo Rizolo Products • Rizolo", India’s finest Rice Bran Oil, is a revolution in the cooking oil segment. • It is a naturally healthy oil enriched with “Oryzonal” and other multiple nutrients. It is best for everyday cooking & suitable to all Indian food type. Benefits: • 100% rice bran oil extrac
Slide 25: Miller Canola Oil
Miller Canola Oil Miller Canola Oil Products • “Miller", is extracted from the finest canola from the farms of Canada. • The balance of Omega3 and mono-unsaturated fatty acids is perfect for all cuisines- including Indian & western. It can be used to fry, roast, grill, salads, sandwich spread or for
Slide 26: Tarai
Tarai Tarai Products • The name Tarai meaning ‘moist land’ is derived from the plain extending from the Yamuna in the west to the Brahmaputra in the east, at the base of the Himalayas. • The high alluvial content of the soil and a reasonably high water table make it immensely arable. Benefits: • The
Slide 27: Institutional
Institutional Rice bran oil Sunflower Oil Mustard oil Rice bran Wax 27
Slide 28: Non-branded Edible oils
Non-branded Edible oils Rice Bran Oil • Less than 20% absorption, resulting in fewer calories consumed, better flavour and more economical cooking. • Vitamin E complex and antioxidants such as Gamma Oryzanol, Tocopherol, Tocotrienol, Phytosterols, Polyphenols and Squaline. These micronutrients comba
Slide 29: Index
Index Executive Summary Company Overview Business Overview Industrial overview Financial Overview 29
Slide 30: Oil Industry Dynamics
Oil Industry Dynamics Macro-economic situation • Indian edible oil economy is world’s fourth largest after USA, China and Brazil (India accounts for 8.6% of world oilseeds, 7.4% oil meal production, 8.56% of world oil meal export; 6% of world veg oil production, 9.8% of world veg oil import and 9.4%
Slide 31: Indian Edible Oil Industry
Indian Edible Oil Industry Overview India accounts for 6.6% of world oilseeds output (as on Nov’15); 7.43% of world oil meal Edible oil is sold in production; 8.56% of world oil meal export; 6% of world vegoil production; 20.7% (as on India either in Nov’15) of world vegoil import; and 9.4% of the w
Slide 32: Geographical Preferences in Edible oils and Changing Consumer Needs
Geographical Preferences in Edible oils and Changing Consumer Needs Vanaspati (Hydrogenated Fats) Mustard, Soya, Palm Refined Oils Groundnut, Soya, Palm Lighter refined oils – PUFA rich Coconut, Sunflower, Healthy Oils Palm 32
Slide 33: Outlook
Outlook • The demand for edible oils is expected to increase from current levels of 12.8 million tonnes to 16.6 million tonnes in 2010 and 22.5 million tonnes by 2015. -- The Solvent Extractors' Association of India Particulars 2015 Oil nuggets Total Demand(Mn Tons) 22.5 • Almost 70% of the country'
Slide 34: Health Problems – India
Health Problems – India • India is No.1 in Cardiac patients ~10% population affected • US/Europe No.2 – 7%, China: 4%. • Heart disease to be single greatest killer by 2015 - 100+million in 2010 • 40% Indians have high lipid levels – cholesterol and triglycerides • Fried Food and Desserts- Desserts m
Slide 35: Index
Index Executive Summary Company Overview Business Overview Industrial overview Financial Overview 35
Slide 36: Income Statement
Income Statement Income Statement (Mn) FY13 FY14 FY15 Total income 1,946 2,098 2,339 Total Expenses 1,883 2,052 2,297 EBITDA 62 46 42 EBITDA Margin 3.2% 2.2% 1.8% Depreciation 14 14 12 Interest 18 16 29 PBT 31 16 1 Tax 10 8 0 Profit After tax 20 8 2 PAT Margin 1.0% 0.4% 0.1% EPS 1.83 0.74 0.14 36
Slide 37: Balance Sheet
Balance Sheet PARTICULARS (MN) Mar-13 Mar-14 Mar-15 PARTICULARS (MN) Mar-13 Mar-14 Mar-15 EQUITY AND LIABILITIES ASSETS Shareholder's Funds Non-Current Assets (a) Share Capital 111 111 111 (a) Fixed assets (b) Reserves & Surplus 175 184 185 (i) Tangible assets 199 189 180 (c) Money received against
Slide 38: Capital Market Data
Capital Market Data Share Price Movement (As on September 30th, 2015) 300% Sensex MNL 200% 100% 0% -100% Price Data (As on September 30th, 2015) Share holding pattern (As on September 30th, 2015) Face Value (INR) 10 Market Price (INR) 49.7 Others 52 week H/L (INR) 101.95/13.1 20% Market Cap (INR Mn)
Slide 39: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
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