Krbl Limited · NSE:KRBL
Krbl — Investor Presentation (September 2013)
24 slides from Krbl's investor presentation, September 2013
Slide 1: Investor Presentation September 2013
INVESTOR PRESENTATION September, 2013 Confidential
Slide 2: Important Notice - Safe Harbor
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 3: Contents
CONTENTS Particular Page No. Investment Highlights 4 Business Overview 5-10 Management & Board 11-12 Strategic 13 Wide Distribution Network 14 Dominant Market Position 15 Focus on R&D 16 Financial Overview 17-23 3
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS Leading Market Position Best-in-Class Operations ❖ World’s largest Rice Millers and Basmati Rice ❖ India’s first fully integrated and scalable rice company. Exporters. ❖ Rice manufacturing capacities of 195 MT per hour. ❖ India’s largest selling Branded Basmati Rice Company. ❖
Slide 5: 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 6: Business Overview - Brands Strength
BUSINESS OVERVIEW Brands Strength 6
Slide 7: Business Overview - Integrated Operations
BUSINESS OVERVIEW KRBL has fully integrated operations leading to better margins due to scale and effective utilization of by products 7
Slide 8: Business Overview - Contact Farming and Enhanced Realizations
BUSINESS OVERVIEW Contact Farming Enhanced Realizations KRBL’s Acreage Under Contact Farming Unit Export Value Realization (/ MT) Benefits to Farmers Benefits to the Company ❖ Access to competitive and modern technologies ❖ Adequate availability of paddy ❖ Significant reduction in risk and uncertain
Slide 9: Business Overview - Manufacturing Facilities
BUSINESS OVERVIEW State Of The Manufacturing Facilities With Distribution Network In India And Across Rice Business Plant Function Capacity Grading & Location (MT/hr) Packing (MT/hr) Ghaziabad Rice 45 50 Processing Dhuri Rice 150 50 processing Delhi Grading 30 Total 195 130 Energy Business Plant Loc
Slide 10: Collaborations with global retail chains
BUSINESS OVERVIEW Strong brand presence through collaborations with global retail chains 10
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 behind the success of KRBL Ltd. Executive ❖ Having more than 36 years of experience in Rice business Chairman and ❖ Formulates marketing str
Slide 12: Board of Directors
MANAGEMENT & BOARD Board of Directors 12
Slide 13: Clearly Defined Group Strategy
STRATEGY Clearly Defined Group Strategy Sales (` Million) 30,000 No major capex going Operational forward and efficiency to be debt Better free inventory Increasing management brand Wind power strength Capacity capacity 20,800 utilization expansion targets of 65% Focused in increasing capacity utili
Slide 14: Wide Distribution Network
WIDE DISTRIBUTION NETWORK Distributor/Dealer Network in India 550 Retail Outlets in India 640000 Presence in Domestic Retail Chain 20 Distribution Network 28 States Presence in the Rural Market All over India Purchase Centre 182 centers in 5 states Overseas Registrations 45 Export Countries 33 Colla
Slide 15: Dominant Market Position
DOMINANT MARKET POSITION KRBL Market Share in Traditional Trade Shares in 1 Kg Pack Valume Share in 5 Kg Pack Valume Share in 10 Kg Pack Valume Share Share in % Share in % in % KRBL 35.9 KRBL 39.3 KRBL 27.3 LT Overseas 17 LT Overseas 17.9 Sachdeva and Sons 21 Kohinoor Foods 13.2 Kohinoor Foods 9.2 L
Slide 16: Focus on R&D
FOCUS ON R&D Seed Development and Multiplication (QSDIP Programme) ▪ Dedicated wing comprising eminent agricultural experts to continuously research and develop pedigree seeds in line with farmers and market demand. ▪ KRBL has established a 300 hectare seed farm and a 4 MT / hour capacity seed gradi
Slide 17: Financial Overview - Shareholding and Market Data
FINANCIAL OVERVIEW Shareholding Pattern Market Data Market Cap (` In Million) 7580 21.82 Share Price (`) 24.50 Book Value Per Share (`) (31.03.2013) 31.35 52 Week High / Low (`) 34/19.30 58.43 Outstanding Shares (million) 236 17.46 Free Float 41% 2.21 BSE Ticker 530813 0.08 Promoters Bank, FI, Insur
Slide 18: Financial Overview - ROCE, ROE, EPS
FINANCIAL OVERVIEW Return on Capital Employed Return on Equity 22.72% 17.54% 18.51% 23.14% 14.99% 15.58% 9.34% 10.11% FY 2010 FY 2011 FY 2012 FY 2013 FY 2010 FY 2011 FY 2012 FY 2013 EPS and CASH EPS ` Per Share 18
Slide 19: P&L Growth and Margin Trends
FINANCIAL OVERVIEW P&L Growth and Margin Trends Rs.in Cr. 19
Slide 20: Balance Sheet Strength
FINANCIAL OVERVIEW Balance Sheet Strength Strong Growth in Net Worth (` In Cr.) Debt-Equity Ratio 830 1.22 648 718 535 1.13 1.3 1.04 0.18 0.14 0.15 0.09 FY10 FY11 FY12 FY13 FY10 FY11 FY12 FY13 Long Term debt/Equity Total Debt/Equity ❖ Asset utilization to improve with higher capacity utilization ❖ D
Slide 21: Financial Overview - Operating Results
FINANCIAL OVERVIEW (Fig. in Rs. Cr.) Operating Results (Consolidation) FY 2011 FY 2012 FY 2013 Sales 1,551.27 1,631.00 2080.39 EBITDA 241.57 237.30 304.12 Profit Before Tax (PBT) 158.06 95.25 184.20 Taxes 37.73 22.22 54.34 Profit After Tax (PAT) 120.33 73.03 129.86 Financial Position:- Gross Fixed A
Slide 22: Financial Summary FY2011-12 and FY2012-13
FINANCIAL OVERVIEW (Fig. in Rs. Cr.) Financial Summary ( FY 2011-12) ( FY 2012-13) OPERATING RESULTS Consolidated Consolidated Gross Sales 1639.64 2091.12 (Including Other Income) EBITDA 237.30 304.12 % 14.55% 14.62% Profit Before Tax (PBT) 95.25 184.20 % 5.84% 8.85% 129.87 Profit After Tax (PAT) 73
Slide 23: Financial Summary Q1, Q2 and H1
FINANCIAL OVERVIEW (Fig. in Rs. Cr.) Financial Summary ( FY 2012-13) ( FY 2013-14) ( FY 2012-13) ( FY 2013-14) ( FY 2012-13) ( FY 2013-14) OPERATING Q1 Q1 Q2 Q2 H1 H1 RESULTS (Consolidated) (Consolidated) (Consolidated) (Consolidated) (Consolidated) (Consolidated) Gross Sales (Including Other 518.69
Slide 24: Contact Details
Contact Details KRBL Limited 9th Milestone, Post Dujana, Bulandshahar Road Distt. Gautam Budh Nagar Uttar Pradesh – 203 207 Contact Person Rakesh Mehrotra Chief Financial Officer Mob. +91 98736 87221