Ruchi Soya Industries Limited Corporate Presentation

© Nomura International plc

Ruchi Soya Industries Limited

Corporate Presentation

DisclaimerBy attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: • This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell anysecurities of Ruchi Soya Industries Limited (the "Company“ or “Ruchi Soya”), nor shall part, or all, of this document form the basis of, or be relied on in connection with, anycontract or investment decision in relation to any securities of the Company. • This document is strictly confidential and may not be copied, published, distributed or transmitted to any person, in whole or in part, by anymedium or in any form for any purpose. The information in this document is being provided by the Company and is subject to change withoutnotice. The Company relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. • This document contains statements about future events and expectations that are forward-looking statements. These statements typicallycontain words such as "expects" and "anticipates" and words of similar import. Any statement in this document that is not a statement ofhistorical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause ouractual results, performance or achievements to be materially different from any future results, performance or achievements expressed orimplied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this document should betaken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on whichsuch future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions,fully stated in the document. The Company assumes no obligations to update the forward-looking statements contained herein to reflect actualresults, changes in assumptions or changes in factors affecting these statements. • You acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and thatyou will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business ofthe Company. • This document speaks as of March 31, 2012. Neither the delivery of this document nor any further discussions of the Company with any of therecipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date

Overview

INDEX Slide No.

Overview of Ruchi Soya 4

Key Highlights 8

Global & Domestic Industry Scenario 9

Integrated Operations 12

Brand Offerings 13

Management 16

Business Strategy 18

Financials 21

Oils64%

Extractions28%

Vanaspati3%

Food products1%

Others4%

26 33 39 52 4876 91

117 127 144184

306

0

50

100

150

200

250

300

350

FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12

Overview of Ruchi Soya

Company Profile One of the leading manufacturers of high quality edible oils, vanaspati,

bakery fats and soya foods in India- Consolidated Annual turnover of over US$ 5.9 Bn(1)(2) in FY12

Among the top Indian FMCG players- Branded portfolio including Nutrela, Ruchi Gold, Sunrich and

Mahakosh Present across the value chain with access to over 185,000 hectares of

land in India for palm oil plantations Listed on BSE (500368) & NSE (RUCHISOYA) Ongoing discussions for securing land for soya / palm plantation in

geographies including Ethiopia and Cambodia and other geographies

Growing Sales (2)

Capacity growth

0.6 0.62.9

4.0 4.1

0.1 0.3

2.12.3 2.9

0.1 0.1

0.5

0.50.5

0.01.02.03.04.05.06.07.08.0

1998 2002 2008 2011 2012Crushing Refining Vanaspati

Revenue mix (FY12)

Crushing: CAGR 1998-2012: 15%Refining: CAGR 1998-2012: 24%Vanaspati: CAGR 1998-2012: 17%

Revenues (INR Bn)

(1) Assuming INR/USD of 51.15(2) On the basis of consolidated financials.

(Mn MT/Yr)

Edible oil segment

1. Standalone sales of edible oil segment of Ruchi Soya Industries Ltd.; excludes the sales for captive consumption2. Market share estimated based on edible oil sales of Ruchi Soya and Industry edible oil consumption based on USDA FAS dataP - provisional

The Company has a strong position in the edible oil segment with an estimated market share of ~18%. The company has attained leadership position in ROCP category with market share of ~ 15.5%, the company has also witnessed growth over the last 3-4 years in the institutional segment, which caters to institutional customers like, Parle, Britannia Industries, Cadbury India, Nestle India, Lotte India, Bunge India, and ITC

1,243

1,535 1,598

2,380 2,398

3,074

0

500

1,000

1,500

2,000

2,500

3,000

3,500

FY07 FY08 FY09 FY10 FY11 FY12

10.5%11.8%

11.0%

15.0%14.0%

18.2%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%

FY07 FY08 FY09 FY10 FY 11 FY12

Ruchi Soya edible oil sales(1)

Ruchi soya edible oil segment: CAGR FY07–FY12: 20%

Indian edible oil: CAGR FY07–FY12: 7%

(000’MT) FY07 FY08 FY09 FY10 FY 11 (P) FY12 (P)Industry edible oil consumption 11,807 12,970 14,559 15,853 16,862 16932

000’MT %

Ruchi Soya edible oil market share(2)

Source: USDA FAS

Evolution of Ruchi Soya

Expansion of extraction and refining capacity

Focus on branded products

Increased port based refining

Focus on developing upstream business

Secure access to 185,000 ha of palm plantation in India

Major refining capacity expansion in 2012

Efforts to secure international land bank access

underway

Primary focus on inland crushing

High proportion of revenue from trading activities

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 20120

50000

100000

150000

200000

250000

300000

350000

0

0.5

1

1.5

2

2.5

3

3.5

Refining Capacity

Revenue

Years

Reve

nue

(INR

Mn)

Refining Capacity (Mn M

TPA)

2006: International Equity Offering (GDR) of ~US$60Mn

Consolidation of group com-panies, through scheme of amalgamation, leading to increase in to-

tal capacity of the Com-pany

Acquisition of companies Mac Oil & Palm-Tech,

through scheme of amalga-mation, leading to increase in access to 184000 Ha of land in India for Palm Oil Planta-tions.

Consolidated revenues (INR Mn)

(Mn MTPA)

(INR Mn)

Revenue CAGR 2001- 2012: 25%

Key Highlights

Key Highlights

Favourable Industry

Dynamics

Scale & Extensive Distribution

Reach in India

Strong Brands in India

Strong Risk Management

Experienced Management

Fully Integrated Operations

Strong Market Position in Edible

Oils in India

43% 17% 14% 9% 7% 5% 4%

Palm SoyabeanRapeseed PeanutCottonseed Sunflower seed

Other

Global Industry Overview

World Edible Oil Consumption (FY12) World Edible Oil Production (FY12)

India is a leading consumer of edible oil with high growth expectation

Palm and Soyabean oil constitute ~61% of the Global Edible Oil Demand

Source: Global Edible Oil Demand as per USDA FAS

Source: USDA FAS

Source: USDA FAS

Indonesia

37 41 44 45 47 49

36 38 36 38 41 4217 18 20 22 23 2411 10 12 11 11 1320 21 21 21 23 23

020406080

100120140160


(MnT)

Palm oil Soyabean oil Rapeseed oil Sunflowerseed oil Others

FY07-FY12 CAGR

Argentina

6%

3%

7%

3%

3%

Indonesia19%

Malaysia13%

China13%Europe

11%

United States

7%

Argentina6%

India5%

Other26%

Brazil; 4%

China; 19%

Argentina, 2%

Europe; 17%

India; 11%US; 9%

Others; 38%

India Edible Oil Industry: High growth potential

Indian Edible oil demand being substantially met by imports as domestic production has lagged

Oil Consumption growing inline with growth in population …

…getting turbo charged by growing per capita income

Edible oils have a significant share in Indian agricultural imports

Source: USDA FAS

Source: USDA FAS, IMF

Source: USDA FAS

Significant growth in per capita consumption can be expected as Indian per capita GDP continues to grow


Edible Oil43%

Wood Products

16%

Pulses16%

Cashew Nuts7%

Fruits & Nuts6%

Cotton5%

Others7%

Robust growth in consumption of edible oil .... Rising deficit with domestic production not being able to keep pace

6 7 6 7 7 6 7 8

5 5 5 6 8 99

9

0

4

8

12

16

20

FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12

MnT

India ProductionIndia Imports

CAGR Imports: 9%CAGR Production : 4%

467

481

549

630

729

807

1,009

1,081

1,0681,342

1,3891,455

0

2

4

6

8

10

12

14

16

0

200

400

600

800

1,000

1,200

1,400

1,600

(Kg / year)

GDP / capita Per capita consumption

US$

1,0431,060

1,078

1,096

1,113

1,131

1,148

1,165

1,182

1,199

1,216 1,258

0

5

10

15

20

0200400600800

1,0001,2001,400

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Mn MT

Population Total oil consumption

Mn


India Pakistan China Brazil Russia Mexico Indonesia0.002.505.007.50

10.0012.5015.0017.5020.0022.5025.0027.5030.0032.5035.0037.50

2008-09 2009-10 2010-11 2011-12

Per

capi

ta e

dibl

e oi

l con

sum

ptio

n

947 1,054 1,038 1,060 1,116 1,214

3,6715,075

6,230 6,440 7,080 7,3801,433

1,582

1,455 1,3201,325

1,365

2,133

1,967

2,099 2,0762,300

2,395

2,500

2,330

2,300 2,7752,600

2,745

600

398

731910

9271180

523

574

655659

655653

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

FY07 FY08 FY09 FY10 FY11 FY12Cottonseed Palm Peanut Rapeseed Soybean Sunflowerseed Other

India Edible Oil Industry: High growth potential (Cont’d)

India Edible Oil Imports

Source: USDA FAS (Office of Global Analysis) as at July ‘12

India Edible Oil Consumption

Palm oil consumption in India has seen significant growth, and is primarily met through imports, leaving significant room for growth in domestic production

Source: USDA FAS (Office of Global Analysis) as at July ‘12

11,807

5,440

5,917

7%

15%

FY07-FY12 CAGR

14%

19%

FY07-FY12 CAGR

12,970

14,559 15,853

16,86216279


1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

3,650

5,013

6,867 6,603 6,6617,250

1447

733

1060 1598945

900

203

18

583611

776

1000

140

143

278259

200

263

Palm Soybean Sunflowerseed Other

11,807

54405907

87889071

8582

940312%

15%

Fully Integrated OperationsHealthy mix of midstream and downstream, and well on its way to develop an upstream business

Origination– Palm plantations across Andhra

Pradesh, Karnataka, Mizoram, Gujarat, Orissa and Tamil Nadu

– Exclusive access to total agricultural land of 185,000 hectares

Processing– Daily capacity (MT)(2012):

– Crushing:13,400– Crude Oil: 2,465– Soya Meal: 10,967– Refining: 9567– Vanaspati & bakery fats:

1,567– Textured soya protein: 567– Edible soya flour: 200– Wind Power Generation:

85.3 Mw

Products– Key products

– Edible oil– Seed extractions, – Vanaspati – Food productions

– Key brands include Nutrela, Ruchi Gold, Ruchi Star, Sunrich and Mahakosh

Merchandising and distribution– 110 company depots through

India with storage and logistical facilities

– Pan India distribution network covering 6,208 distributors reaching 586,500 retail outlets

Origination CustomerProcessing ProductsMerchandising

and distribution

Finance / Risk management / Logistics coordination

Information flows / Visibility across value chain

23

32

37

33

39

55

0

10

20

30

40

50

60


INRBn

Nutrela – Food products/ Refined Oils (Soyabean, Groundnut, Cottonseed, Sunflower , Mustard , Ricebran)

Nutri Gold – Vanaspati

Mahakosh – Refined Oils (Soyabean, Groundnut, Cottonseed and Ricebran) & Vanaspati

Sunrich – Refined Sunflower Oil

Ruchi Gold – Refined Oils (Mustard and Palmolein)

Ruchi Star – Refined Soyabean Oil

Ruchi No. 1 – Vanaspati

Strong Brands in India

Prem

ium

Track record of successfully creating brands in a highly commoditized industry

Key Brands Branded Sales

Valu

eM

ass

5 Year CAGR of 19 %

Scale & Extensive Distribution Reach in India

Pan India Presence

CitiesActivity Access

to PortsCrushing Refining Vanaspati Soyafood

1 Jammu 2 Ganganagar 3 Baran 4 Kota 5 Guna 6 Kandla 7 Shujalpur 8 Piparia 9 Gadarwara 10 Haldia 11 Manglia 12 Nagpur 13 Washim 14 Daloda 15 Patalganga 16 Mangalore 17 Chennai 18 Kakinada (A.P) palm mill 19 Vijaywada (A.P) palm mill

Manufacturing facilities across 19 locations in India, giving access to markets across India

110 company depots (with storage and other logistical facilities) which serve 6,208 distributors across the country reaching 5,86,500 retail outlets.

All refining plants located near ports, providing easier access to imported edible oil

Distribution through pipes at ports saves transport cost and time Inland crushing plants located in key soya bean and mustard

producing statesCrushing in Soya bowl of India

Proximity to Ports

Pan India Footprint

Strategically located facilities striking the right balance between proximity to raw materials (cultivating states and ports) and proximity to markets, with an aggregate daily crushing capacity of 13,400 MT of oilseeds and aggregate refining capacity of 9567 MT of oil

2

3

16

1718

11

6 1314

12

4

7

15

10

8

9

Depot

Plant location

Office

Jammu

ParwanooDamtal

Dehradun

AmritsarRajpura

ChandigarhLudhiana

Bhatinda RoorkeeKarnal Meerut

BarellySaharanpur

Gurgaon Delhi

HapurKanpur Agra Allahabad

Gorakhpur Guwahati

PatnaDhanbad

RaniganjSiliguri

HaldiaKolkata

Ranchi

JeyporeSambalpur

Cuttack

Gwalior

Gaderwada

Raipur

BilaspurNagpur

Warangal

BerhampurVijaywada

HyderabadVizag

Ongole

KakinadaTirupathiKurnool

GulbargaDavangere

Guna

Piparia

Shujalpur

Manglia

Indore

SriganganagarJaipur

JodhpurSumerpur

Baran

Kota

Udaipur

Kandla

Ahmedabad

Nashik

PuneMumbai

BhiwandiPatalganga

BelgaumGoa

Manglore

ShimogaBanglore

Kumbakonam

Chennai

Mysore

Hassan

Kasargod

Cochin

Palghat

Calicut

Trichy

Pondicherry

Vellore

Madurai

Villupuram

Erode

Salem

Bellary

Bijapur

Hubi

Varanasi

Rewari

Coimbatore

Manufacturing locations

Note: Distribution network as of March 2011 ;

Highlights19

1

Washim

Daloda

5

730 914 938 1,114 1,2492,391

3,034

4,385

2,905

4,443

7,173

10,080

01,5003,0004,5006,0007,5009,000

10,50012,000


Strong Risk Management

Source: IMFRapeseed refers to - Rapeseed Oil; Crude, fob RotterdamSoya refers to - Soybean Oil, Chicago Soybean Oil Futures (first contract forward) exchange approved grades, US$ per metric tonnePalm refers to - Palm oil, Malaysia Palm Oil Futures (first contract forward) 4-5 percent FFA, US$ per metric tonne

The company has effectively maintained revenue growth and profitability in spite of the volatility of commodity cycles, over the last decade

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

Jan

-02

May

-02

Sep

-02

Jan

-03

May

-03

Sep

-03

Jan

-04

May

-04

Sep

-04

Jan

-05

May

-05

Sep

-05

Jan

-06

May

-06

Sep

-06

Jan

-07

May

-07

Sep

-07

Jan

-08

May

-08

Sep

-08

Jan

-09

May

-09

Sep

-09

Jan

-10

May

-10

Mar

-11

Jul-

11N

ov-1

1M

ar-1

2

(US$ / MnT)

Rapeseed Soya Palm

Consolidated EBITDA (INR Mn)

26 33 39 52 4876 91

117 127144

184

306

0

50

100

150

200

250

300

350


Consolidated Revenues (INR Bn)

Experienced Management Experienced management team with over four decades of industry experience Credited with the growth and development of the soya and soya processing industry in India Key members have served or are currently serving as officers of various industry bodies, recognizing their standing in sector

Managing Director of Ruchi Soya Industries Ltd. since 1986 Over 32 years of experience in the soya and edible oil industry Also serves as a Non Executive Director of Ruchi Infrastructure Ltd. Mr. Shahra holds a degree of Bachelors in Chemical Engineering

Responsible for operations in all the port based refineries Over 19 years of experience in the relevant operations, including in Ruchi Soya since 2006 Mr. Shahra holds a degree of Bachelors in Commerce and Masters in Business Administration

Joined Ruchi Soya Industries in 2009 Previous experience includes 16 years in Asian Paints (holding positions including, Regional Head-

S.Pacific, China & Hongkong and CEO for Bangladesh and Dubai) and 4 years in ITC Ltd. (Agri Business)

Core Management Team

Source: Company.

Over 26 years of experience, including ~18 years in Ruchi Soya Responsible for Finance and Treasury operations Qualified chartered accountant, cost accountant and company secretary

Mr. Dinesh ShahraManaging Director

Mr. Nitesh ShahraPresident, Refinery Business

Mr. V. Suresh KumarHead, Corporate Finance

Mr. RV RamanujamChief Operating Officer

Strong Market Position in Edible Oils in IndiaAmong the oldest and most established edible oil players in India

Market Position in India(1)

Select Awards Received

National energy conservation awards

Edible oil / Vanaspati

Globoil gold & Other awards

Management awards Ruchi soya awards

No.1 M.D. for 2010 by Business World

- Dinesh Shahra

Globoil man of the year 2010 - Nitesh Shahra

Globoil man of the decade award in the year 2006- Dinesh Shahra

Legend of the year 2003

- Kailash Shahra

Highest exporter of oil meals

(2011/10/ 09 / 07 / 06 / 04 / 03 / 00 /

99 / 98)

Highest importer of edible oil

(2011/10/ 09 / 07 / 06 / 03 / 98)

“Best Wind Farm in India” (>2Mw)

at Intl. Wind Energy Conference.

Outstanding Performance for a

decade in Import of edible oil (09)

Outstanding Performance for a

decade in Export of oil meal (09)

1st

1st

Chennai Plant (2008)

Chennai Plant (2007)2nd

2nd

Among the leading importers of edible oil Among the leading exporters of meal/oil seed extracts

Exports/Imports

Among the largest capacities Crushing capacity (13,400 MT/day) Refinery capacity (9567 MT/day)

Access to one of the largest palm oil plantations in India

Capacity

One of the leading Indian Edible oil players in terms of Volumes Very strong position in Palmolein Oil Extensive portfolio of brand sales in edible oil segment

Branded Products

1stGujarat plant (2008)

1st

(1) Based on company estimates

Awards to the Company Largest Food & Agriculture Company in India – Fortune India 2010

& 2011. One of the only two Indian Companies featured in the “World's 50

fastest growing consumer firms” during the June 2009-June 2010 period.

Ranked “20th fastest growing consumer companies” across the globe during June 2009-10 – Deloitte Nagpur Plant (2011)2nd

Karnataka Plant (2009)

Business Strategy

Expansion into upstream business in order to enhance margins as well as secure supply chain. Improving ability to source raw materials required from multiple sources in a timely and cost effective manner, with reduced

dependence on third parties. In FY2010, the Company acquired 2 entities with exclusive rights to cultivate palm plantations in two of the key palm

producing states in India. The Company entered into MoU with State governments securing access to a portion of the palm fruit produce at certain

plantations.

Sustained expansion in capacity to meet the growing demand of Edible oil in India, in addition to helping the Company realize efficiencies and economies of scale.

Focus on maintaining leadership position in the branded edible oils segment in India. Increase of sales and marketing efforts in regions where the Company does not have a strong presence, particularly towns

with population less than 50,000. Increased focus on R&D activities on expanding product range.

New health-focused product development to be marketed under the “Nutrela” brand. Focus on bakery shortening business along with leveraging the opportunities available in mustard branded sales ,

palm and soya products.

Diversify geographic footprint, and enhance scale and reach of operations. Explore opportunities to produce and sell edible oil in other emerging markets. Ongoing discussions for securing land for soya / palm plantation in geographies including Ethiopia and Cambodia and other

geographies.

Backward Integration

Expansion & Consolidation of installed capacity

Greater focus on branded portfolio

Increasing Global Presence

Appendices

Market and Ownership OverviewTop Holders (1) Shareholding Pattern (1)

Indexed Stock Price Performance - 5 yearsEquity Capital Face Value @ INR 2

INR 667Mn

Closing Price(3) INR 90.85

52 Week – High – LowINR 128.90 (H)INR 80.05 (L)

No. of shares outstanding (Mn) 332.52

Market Capitalization(2)(3) INR 30.28 Bn (US$ 592 Mn)

1. Source: Company filings

Capital Market Data

158%

08/200508/200509/200509/200509/200509/200509/200509/200509/200510/200510/200510/200510/200510/200510/200510/200511/200511/200511/200511/200511/200511/200511/200512/200512/200512/200512/200512/200512/200512/200501/200601/200601/200601/200601/200601/200601/200602/200602/200602/200602/200602/200602/200603/200603/200603/200603/200603/200603/200603/200604/200604/200604/200604/200604/200604/200605/200605/200605/200605/200605/200605/200605/200605/200606/200606/200606/200606/200606/200606/200606/200607/200607/200607/200607/200607/200607/200607/200608/200608/200608/200608/200608/200608/200608/200608/200609/200609/200609/200609/200609/200609/200609/200610/200610/200610/200610/200610/200610/200611/200611/200611/200611/200611/200611/200611/200611/200612/200612/200612/200612/200612/200612/200601/200701/200701/200701/200701/200701/200701/200702/200702/200702/200702/200702/200702/200703/200703/200703/200703/200703/200703/200703/200704/200704/200704/200704/200704/200704/200704/200705/200705/200705/200705/200705/200705/200705/200706/200706/200706/200706/200706/200706/200706/200707/200707/200707/200707/200707/200707/200707/200708/200708/200708/200708/200708/200708/200708/200708/200709/200709/200709/200709/200709/200709/200710/200710/200710/200710/200710/200710/200710/200710/200711/200711/200711/200711/200711/200711/200711/200712/200712/200712/200712/200712/200712/200701/200801/200801/200801/200801/200801/200801/200801/200802/200802/200802/200802/200802/200802/200802/200803/200803/200803/200803/200803/200803/200804/200804/200804/200804/200804/200804/200804/200805/200805/200805/200805/200805/200805/200806/200806/200806/200806/200806/200806/200806/200807/200807/200807/200807/200807/200807/200807/200807/200808/200808/200808/200808/200808/200808/200808/200809/200809/200809/200809/200809/200809/200809/200810/200810/200810/200810/200810/200810/200811/200811/200811/200811/200811/200811/200812/200812/200812/200812/200812/200812/200812/200801/200901/200901/200901/200901/200901/200901/200902/200902/200902/200902/200902/200902/200903/200903/200903/200903/200903/200903/200903/200904/200904/200904/200904/200904/200904/200905/200905/200905/200905/200905/200905/200906/200906/200906/200906/200906/200906/200906/200906/200907/200907/200907/200907/200907/200907/200907/200908/200908/200908/200908/200908/200908/200908/200909/200909/200909/200909/200909/200909/200909/200910/200910/200910/200910/200910/200910/200910/200911/200911/200911/200911/200911/200911/200912/200912/200912/200912/200912/200912/200912/200901/201001/201001/201001/201001/201001/201001/201002/201002/201002/201002/201002/201002/201003/201003/201003/201003/201003/201003/201003/201004/201004/201004/201004/201004/201004/201004/201005/201005/201005/201005/201005/201005/201005/201006/201006/201006/201006/201006/201006/201006/201007/201007/201007/201007/201007/201007/201007/201007/201008/201008/201008/201008/201008/201008/201008/201009/201009/201009/201009/201009/201009/20100

50

100

150

200

250

300

350

Ruchi Soya

Indexed

Ruchi Soya Industries Limited Detail of other then Promoters shareholders holding more then 1% Sr. No

Name of the shareholderas on 31.03.2012

no. of shares % of holding

1 VS Net Ltd. 21973459 6.592 Sawit Plantations PTE Ltd. 19612913 5.883 Cresta Fund Ltd. 15003994 4.504 Albula Investment Fund Ltd. 14408754 4.325 Aiwo Ltd. 11100000 3.336 Elara India opportunities Fund ltd 9776795 2.937 Merdale Investment Co. Ltd. 4249645 1.278 Clemfield Industries Ltd. 4001080 1.20

Total 100126640 30.04

Promoter54%Non

institutional29%

FII17%

Summary Financials – ConsolidatedINR Mn FY 12 # FY 11 # FY10 FY09 FY08 FY07

Consolidated Profit and Loss statement

Total Revenue 306,125 183,729 143,943 127,423 117,202 90,695

EBITDA 10,080 7,173 4,443 2,905 4,385 3,034

PBT 1,957 3,381 2,809 1,572 2,639 1,610

PAT 869 2,252 1,749 975 1,658 1,036

Consolidated Balance Sheet

Net Fixed Assets Incl. CWIP 27,375 24,165 20,942 14,137 12,017 10,780

Current Assets, Loans and Advances 116,403 84,951 57,709 49,951 51,369 32,185

Current Liabilities and Provisions 111,974 79,401 34,148 32,739 31,817 17,358

Loans 62,185(*) 45,124(*) 24,561 18,515 19,898 16,091

Share Capital 687 685 (2) 825 (2) 1,055 1,054 817

Reserves and Surplus 21,553 21,393 18,638(3) 11,005 10,199 8,219

Source: Company filings(* ) Including short term loans of INR 30991 Mn, (FY12) & INR 17616Mn (FY11) which are guaranteed by banks against fixed deposits in the banks(#) Figures are as per the revised schedule VI requirements.

1.Share capital takes into account redemption of preference shares capital in FY 10 , conversion of share warrants and share capital suspense on amalgamation into equity shares in FY 11.2.Includes increase on account of revaluation of fixed assets pursuant to scheme of amalgamation

90117 127 144

184

306

04080

120160200240280320360


INR Bn

Summary Financials - Consolidated

Source: Company Filings1. Net Worth takes into account the redemption of preference shares and revaluation of fixed assets pursuant to scheme of amalgamation.2. # Figures as per the revised schedule VI requirements.

Revenues EBITDA

Net Worth(1) Total Assets

3.04.4

2.94.4

7.2

10.1

0123456789

1011

FY07 FY08 FY09 FY10 FY11# FY12#

5 year CAGR of 28%

INR Bn

4364 65

80

111

146

020406080

100120140160


INR Bn

5 year CAGR of 28%

911 12

1922 22

0

10

20

30


INR Bn

5 year CAGR of 20%

5 year CAGR of 27%

Process Flow Diagram

Soybean extraction plant

Beans

Full Flat Flakes

Refined Soya Oil

Vanaspati

Cleaning, Cracking, Dehulling, Conditioning, Flaking

Defatted Soya Flakes

Oil Extraction

Soya Flour

Grinding

Textured Soya Protein

Extrusion

Soya Meal

Toasting

Grinding/Grading

Hydrogenation

Crude Soyabean oil

Refining

Abbreviations

Abbreviations Used Description

FY Financial Year

Mn Million

Bn Billion

yr Year

MT Metric Tonnes

MTPA Metric Tonnes per annum

BSE Bombay Stock Exchange

NSE National Stock Exchange

INR Indian Rupee

US$ United States Dollar

USDA FAS United States Department of Agriculture Foreign Agricultural Service

IMF International Monetary Fund

THANK YOU!

Ruchi Soya Industries Limited Corporate Presentation

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Transcript of Ruchi Soya Industries Limited Corporate Presentation