True to our vision of evolving as a multi product food company, we have re-christened

ourselves with a new name. Our flagship brand ‘Kohinoor’, renowned world over for

authentic and quality food offerings, has become our corporate identity.

(Formerly Satnam Overseas Limited)

Serving Authentic Indian Gourmet

products worldwide…

“At Kohinoor Foods, we are driven by the quest for business excellence centered around an unflinching commitment to quality at every step that makes us stand out as one of India’s emerging modern food companies.”

OUR VISION

DelhiDubai

London

New Jersey

OUR GLOBAL PRESENCE

KOHINOOR FOODS – A SNAPSHOT

Global Brand•Delighting millions in 47 countries•On TESCO, Somerfield, ASDA, Krogers, Walmart, Coles & Woolworths•More than 250 thousand retail outlets worldwide

Infrastructure•One of India’s largest rice processing units and one ultramodern food processing unit •Strategic bases in US, UK and UAE with manufacturing capabilities

Global Distribution•Distributors in 47 countries•A pan Indian distribution with more than 130 distributors and 500 Stockists•Years of global distribution expertise

Knowledge Resource•World-wide consumer insights and trend•Global marketing techniques and Modern Retailing•A manpower base with talent pool from across the world

FINANCIAL SNAPSHOT

10.60

17.56%

3.84%

207.85

8.97%

5,407.8

FY’06

15.93%14.6%Return on Equity (ROE)

3.75%3.1%Net Margins

220.70154.8Net Profits (Rs. In Million)

10.36%7.89%EBITDA Margins

11.267.9EPS (Rs. Per share)

5,892.305,035.8Net Sales (Rs. In Million)

FY’07FY’05

2 year CAGR growth of 19% in PAT

Operating Profits increased to Rs 610.53mn from Rs 485.13 mn in FY’06

ROE 15.58% due to increased operating profits because of Branded Sales

Product Mix

Product Mix (FY’06)

37.76%6.36%

55.88%

Branded Basmati Rice

Unbranded & Commodity Sales

Food

A GLIMPSE OF OUR CLIENTELE

A GLIMPSE OF OUR CLIENTELE

AWARDS & RECOGNITION• Kohinoor awarded ‘Superbrand’ status in India • ‘Trend & Innovation’ award from SIAL, Paris• APEDA Award for best basmati rice export performance

since last 14 years • National Award for exceptional quality and best export

performance in agro products from the President of India• Award from World Economic Forum• Niryat Shree Award from the Government of India• The prestigious “Brand Equity” Award from the Ministry

of Commerce, Govt. of India and many more

OUR WOS IN UK - INDO EUROPEAN FOODS

• Set-up in 2001 to strengthen brand marketing in UK and Europe, the 2nd

largest market for basmati rice in the world and largest market for Indian foods

• Big multiple stores like TESCO, ASDA control 70% of the market. A strategic base to capture this huge market with manufacturing and service capabilities

• Own rice processing facility with 8 MT/hour capacity with covered area of 1,40,000 Sq. Ft. (to save import duty of 120 pound per MT).; BRC approval on the anvil

• Caters to 3 out of the 5 big multiples in UK today

• Builds synergy with KFL’s frozen foods business with a huge potential to do chilled food processing in UK

OUR WOS IN US – S.O.L. INC.• S.O.L. Inc. set up in 2001 in New

Jersey, US to strengthen brand marketing in North American markets

• Today owns 5 marketing cum distribution centres:

– New Jersey– Houston– Maryland– Chicago– San Francisco

• Presence in Krogers, WholeFoods, Costco, BJs and Walmart

• Very strong in ethnic retail marketing• Augurs a huge opportunity with

Indian foods steadily climbing the ladder from a 5th/6th position to 3rd

position in the next 3 years (Indian Food Market size is $ 1 billion)

OUR JV IN DUBAI – RICH RICE RAISERS

• A strategic base for the hugely potential middle east market, the gateway to Iran and Iraq. A very big feeder market.

• A small rice factory for polishing and packing• Presence in Carrefour, Lulu and Almayalal – the big retail

chains of Dubai• A very big market for frozen products and opens up big

possibilities in the food service sector with huge infrastructural development in this region

OUR BUSINESS SEGMENTS• Basmati Rice

• Branded Basmati (Domestic & International)

• Private Label

• Branded Foods• Commodities / Trading

Focus Segment

5,035.85,407.8

5,892.3

4500

5000

5500

6000

FY'05 FY'06 FY'07

NET SALES (RS. IN MILLION)PERCENTAGE OF BRANDED SALES

Focus Segment

4955

62

0

10

20

30

40

50

60

70

FY 2005 FY 2006 FY 2007

BASMATI RICE GLOBAL

GlobalGlobal production of basmati -2,300,000 MTA

India has a 74% share of the total production

Monsoon & other climatic conditions has no major impact on production of basmati

0.6

1.7

00.20.40.60.8

11.21.41.61.8

India 74% Pakistan 26%

Global Share of Basmati

Fig. in Million MT

BASMATI RICE DOMESTIC• Domestic

– Size of the domestic market -900,000 MTA amounting to $ 200 mn

– Branded market – Just 33% of the domestic market valued at $ 100mn

Basmati – Domestic Share

Global Share of Basmati

67%

33%

50% 50%

0%

10%

20%

30%

40%

50%

60%

70%

Volume Value

Unbranded Branded

MURTHAL - ONE OF INDIA’S LARGEST MILLING CAPACITIES

BASMATI RICE - KFL

OUR CAPABILITIES• Infrastructure

– 12,85,020 sq. ft. of area– 40 MT/hour processing capacity

• Quality Adherence– ISO 9001:2000 certified– HACCP Certified Plant– BRC Certified– Kosher Certified– GMO Certified– IMO – Organic Certification– US-FDA Compliant– EU-FSA Compliant

• Packaging Capabilities– The entire spectrum of

packaging options, traditional jute, laminates, block bottom, pet jars, non-woven bags

KOHINOOR IN GLOBAL MARKETS• The only brand with presence in 47 countries with

own distributors• Available on more than 30,000 retail outlets.

Only brand from India adorning the shelves of TESCO, the largest retail chain of UK, Somerfield (UK), Krogers and WholeFoods (US), Carrefour (Middle East), Coles and Woolworths (Australia) .

The only Indian company with global manufacturing and servicing capabilities; the key to success in the ruthless global market arena

Wholly Owned Subsidiary in UK with rice factory at port city of FelixstoweMarketing and Own distribution warehouses at 5 strategic locations of USJoint venture company with rice factory at Dubai, UAE

Growth drivers : Saudi Arabia, the world’s largest market (with Rs. 3000 cr. Size) augurs a huge opportunity for Kohinoor. Having already appointed the distributor this year, we are looking garnering at least 10% market share in the next 2 years time.

Europe is another huge market opening up for us with our UK rice factory having made fully operational.

1,092.0928.6

742.7

285.0

0

200

400

600

800

1000

1200

FY'04 FY'05 FY'06 FY'07

3 Yr CAGR 56%

Branded Basmati – Exports (Rs. In Million)

MAJOR CLIENTELE

• TESCO, Costco and Somerfield (UK)• Singapore Airlines• Tiger Food Brands, South Africa• Coles and Woolworths, Australia• Royal Emirates, UAE• Krogers and Whole Foods in US

GOING FORWARD

• Focus on branded exports and reduce dependence on private label

• Strategic bases in UK and US give a unique edge to Kohinoor Foods to garner market share in Europe and America

• 60% of basmati exports was branded in FY 2006. We intend to make it 90% by FY 2009

• Addition of another 10 countries by FY 2009

16431808.8

2200

0

500

1000

1500

2000

2500

FY'05 FY'06 FY'07

KOHINOOR IN DOMESTIC MARKET• No. 1 Branded Basmati Player in India.• Kohinoor shares around 52% (in value terms)

and 49% (in volume terms) of the total organised basmati rice market in the modern retail format in the country. (Source: AcNielsenORG-MARG).Kohinoor – the largest selling brand in the domestic market having 38% market share (Survey by TNS)

• The only brand with a pan-Indian distribution base; more than 130 distributors and 500 stockists & available at more than 2,20,000 retail outlets.

• Strong presence in the premium segment of the market; brand commands huge respect both at trade and retail level

• Separate cell to look after the modern retail format, the catalyst of growth in branded segment

Growth drivers : Changing consumer preference towards branded and packaged basmati, Emergence and exponential growth of big format retail in India (Present share of 52%) and Strong rural penetration of branded basmati

Branded Basmati – Domestic (Rs. In Million)

2 Yr. CAGR – 16%

MAJOR CLIENTELE

• Amway India• Taj Group• Oberoi Group• Reliance Retail• Big Bazaar• Shoprite• Spencers’

GOING FORWARD

• Focus on enhanced branding of ‘Kohinoor’

• Modern retail format – the next big opportunity

• Retail growth in semi urban and rural India – boom for growth

• Tie-ups with big boys of retail

• Entry into newer markets with appointment of 5 more distributors by FY 2007

•Food is a USD 5 Trillion market of which processed foods is 80%•India is second largest producer of vegetables (99 Mn Tones) after China•India is second largest producer of Fruit (50 Mn Tons) after Brazil.•Indian food retail sales in 2005 in the UK :- GBP 508 Million ( Rs. 4000 Cr.)•Sales of microwaveable rice in UK is : GBP 53 Million (Rs. 425 Cr.) & growing at 35%

Strong Fundamentals

India is the 3rd largest food producer in the world

Shift in consumption patterns

Opportunity to overcome inefficiencies in supply chain

Enormous PotentialValue added ready to eat market to

expand exponentially

Increasing export potential for ethnic Indian foods

Enhance profitability through improved efficiencies

READY TO EAT FOOD (RTE)

•Ready to eat market (RTE) to grow to $ 220 Mn by 2010.•Mckinsey estimates the CAGR in RTE domestic market to be 200% over next 2 years.•Domestic market estimated at $25 mn in 2008.

FOODS – OUR PASSION• Synergic move in the year 2004• Created a world class infrastructure at

Bahalgarh (Haryana) with modern food processing capabilities

• A slew of product lines on the international format, designed for today’s times

A VIEW OF OUR BAHALGARH FACTORY

OUR CAPABILITIES• Infrastructure

– 2,06,571 sq. ft. of area– 50,000 Meals per day on the ambient side and 20 MT per day on the frozen

foods side• Quality Adherence

– HACCP Certified– ISO 9001:2000 Certified– GMP Certified– BRC Certified– Kosher Certified– US-FDA Compliant– EU-FSA Compliant– Subscribing to International Business Excellence Model

• Complete System Documentation.• Kaizen

PACKAGING CAPABILITIES

• Flat & SUP Aluminium Retort Pouches • Microwaveable Transparent Retort Pouches• Multi Layer Barrier Trays • Glass Jars• Aluminium Heat Sealable Containers• High Barrier Microwaveable Rigid Cups• PP Jars

BRANDED FOODSPresence in more than 20 countries with in excess of 150 SKUs

Captured mainstream markets of US, UK, Canada, Australia, Malaysia, Japan, Singapore, Mauritius with entry in big multiples

Created new product categories with Rice & Curry – Microwaveable ready meals in the ambient format

The only Indian food brand in International flight menu; Malaysia Airlines and Emirates. Branded Foods Turnover in Rs.

Million

91

224

374

050

100150200250300350400

FY 2005 FY 2006 FY 2007

CAGR – 100%

KOHINOOR IN FOODSA very strong presence in international retail chains in a very short span of time

TESCO, Somerfield, ASDA and COSTCO in UKColes and Woolworths in AustraliaTiger Brands, South AfricaHankyu, Daimaru, Takashimaya, Seijo Ishi in JapanWalmart, BJs, Whole Foods and Krogers in USCostco, Sotheby in CanadaMustafa Centre and 7 Eleven, SingaporeShoprite in MauritiusGlobus and Metro in Switzerland and RomaniaCarrefour in Middle EastMalaysian Airlines

FEW CASE STUDIES

TESCO• Kohinoor has captured 48% of the ethnic shelves of TESCO.• Product lines include; Basmati Rice, Rice & Curry, Rice Treat,

Cook-in Sauces, Cooking Pastes, Spices & Seasonings, Lentils and Wheat Flour

• YOY Growth – More than 50%

SEIJO ISHI, JAPAN• Kohinoor Heat & Eat Curries and Cook-in Sauces – Espousing

India’s authentic taste have become great favourites for mainstream Japanese.

• As of today, selling more than 15,000 units per week across Seijo Ishi Stores in Japan

OUR PORTFOLIOAMBIENT FOODS

RICE & CURRY – READY MEALS

RICE TREAT-MICROWAVEABLE RICE

HEAT & EAT CURRIES

COOK IN SAUCES

COOKING PASTES

CHUTNEY

SPICES POWDER

WHOLE SPICES

SEASONINGS

OUR PORTFOLIOFROZEN FOODS

SNACKSCocktail Samosa, Aloo Bonda, Paneer Tikka, Idli, Medu Vada, Punjabi Samosa, Seekh Kebab, Paneer Tikka, Shami Kebab, Vegetable Pakora,

BREADSAloo Paratha, Paneer Paratha, Peas Paratha, Plain Naan, Garlic Butter Naan, Amritsari Kulcha, Peshawari Naan,

READY-MEALSHyderabadi Vegetable Biryani, Paneer TikkaBiryani, Madurai Lemon Rice, Chinese Fried Rice and Soya Keema Biryani

CURRIESPeshawari Dal Makhani, Mutter Paneer, Palak Paneer, Mumbai Pav Bhaji

CUT VEGETABLESAll sorts of pre-cut vegetables

GOING FORWARD• Our recent foray into frozen opens up the 3 times bigger global frozen foods market• Shipments already effected to Singapore, Mauritius and UK.• A path breaking innovation in 7 Eleven Stores, Singapore with frozen foods• Plans to add another 7 countries by FY 2007 and another 30 countries by FY 2009• Plans to add another 60 SKUs by FY 2008 with expansion of capacity to 1,20,000 meals

per day from 50,000 level in the ambient side • Significant thrust to food service

– Papa John – Frozen Soups– Emirates Flight Catering, Dubai - Sauces– Barista – Ambient Pastas– Costa Coffee – Extension as a Commissary – Oberoi Flight Service – Indian snacks for international flight catering

• Entry into new markets and further penetration to mainstream retail chains; On the anvil:– Morrissons, Sainsbury and Waitrose (UK)– Target in US– NETTO in Holland etc.

• Strategic tie-ups with big boys of foods; S&A Foods and Gazebo in UK, Sunrice in Australia

ADVANTAGE KOHINOOR FOODS

• A keen understanding of International retailing trends and merchandising at retail shelves

• Product innovation catering to modern lifestyle needs• Credible infrastructure and supply capabilities• Experience of catering to the most demanding international

retail chains• Portfolio designed to cater to modern retail formats• Shelf ready packaging

• Experience of handling a complex multi-SKU food portfolio

• The only Indian integrated foods company with control on entire value chain of the business – International brand presence and distribution network– Global manufacturing and service capabilities– A thriving global knowledge base

• A well diversified business model; de-risks businesses with not relying on a single customer/country

FINANCIAL REVIEW FY 06-07(SALES ANALYSIS)

• Branded sales contribute almost 62% to revenues in 2007 in comparison of 49% in 2005.

• Branded sales increased by CAGR of 25% in last 2 years. 2,476.7

2,961.0

3,897.2

0

1000

2000

3000

4000

FY'05 FY'06 FY'07

BRANDED SALES (RS. IN MILLION)

4955

62

0

10

20

30

40

50

60

70

FY 2005 FY 2006 FY 2007

CAGR-25%

• Branded basmati rice increased with a CAGR of 22% in last 2 years.

• Branded Foods business increased with a CAGR of 100% in last 2 years

2,385.7 2,737.43,522.8

0

1000

2000

3000

4000

FY'05 FY'06 FY'07

91.0

224.0

374.4

0

100

200

300

400

FY'05 FY'06 FY'07

Branded Basmati Rice (Rs. In Million)

Branded Foods (Rs. In Million)

CAGR – 22%

CAGR – 100%

• Net sales increased by 8.96% to Rs. 5892.3 mn in FY’07.

NET SALES (RS. IN MILLION)

5,035.8 5,407.7

5,892.3

4500

5000

5500

6000

FY'05 FY'06 FY'07

Net Sales (Rs. In Million)

EBITDA MARGIN

NET PROFITS (RS. IN MILLION)

PROFITABILITY ANALYSIS

• The EBIDTA margin increased from 7.89% in FY’05 to 10.36% in FY’07 due to favorable product mix shift

• Net Profit increased with CAGR of 19% in 2 years due to increase in operating profit margins because of Branded Business

7.89% 8.97% 10.36%

0.00%

5.00%

10.00%

15.00%

FY'05 FY'06 FY'07

154.79207.85 220.70

0

100

200

300

FY'05 FY'06 FY'07

CAGR – 19%

Net Margins

RETURN ON EQUITY

• Net Margins increased from 3.1% in FY’05 to 3.75% in FY’07

• EPS increased to Rs 11.26 from Rs 10.61 in FY’06

• Return on Equity increased from 14.6% in FY’05 to 15.58% in FY’07.

3.10%3.84% 3.75%

0.00%

2.00%

4.00%

FY'05 FY'06 FY'07

14 . 6 0 %17 . 5 6 % 15 . 9 3 %

0.00%

20.00%

F Y '0 5 FY '0 6 F Y ' 0 7

7.15%

8.60%

44.13%40.12%

Promoters FII & FICorporate Bodies Public & Others

As on 31ST March 2007

SHAREHOLDING PATTERN

154.8

5.7

54.5

215.0

43.5

171.5

57.9

119.7

349.1

306.3

69.4

301.3

83.4

3,926.3

4,686.7

5035.80

FY’05

208.00

-7.20

76.20

277.02

20.59

256.43

81.27

124.70

462.40

359.50

85.80

355.08

90.33

4054.69

4945.40

5407.80

FY’06

220.72

-8.00

95.50

308.22

20.85

308.21

104.07

198.24

610.51

460.58

97.76

429.77

109.32

4210.21

5307.64

5918.15

FY’07

PAT

Deferred tax

Provision for current Tax

PBT

Non Operating Income/Other Income

OPBT

Depreciation

Finance Charges

OPBDIT

Manufacturing Expenses

Staff Cost

Selling Expenses

Administration expenses

Raw Material consumed

Operating Expenses

Net Sales

Particulars

PROFIT & LOSS STATEMENT(Rs. In Million)

Note :- Non operating income has been included in Net Sales.

3,761.3168.0

2,496.72,664.7

36.7

863.9196.0

1,059.9

Mar 05

4801.20932.902620.303553.20

29.5

1022.50196.0

1,218.50

Mar 06

6039.601959.802641.984601.7821.55

1220.27196.0

1,416.27

Mar 07

TOTAL (1+2+3)(b) Unsecured(a) Secured

3.Loan

2.Deferred Tax Liability/(Asset)

(b) Reserves & Surplus(a) Share Capital

1.Share Holder's FundI. Sources of Funds

Particulars

SOURCES OF FUNDS(Rs. In Million)

4,801.2034.7

280.55206.98487.53582.88620.3

3026.34479.43991.9206.7106.75461.20406.2867.40567.95

Mar 06

6,039.603,761.3TOTAL (1+2+3+4)31.00-4. MISCELLANEOUS EXPENSES349.75197.2(b) Provisions346.19273.6(a) Creditors and other liabilities695.94470.8B. Current Liabilities1160.69393.5(c) Others1019.27554.0(b) Debtors

3551.412,708.1(a) Inventories5731.373,655.6A. Current Assets 5035.43,184.83. Net Current Assets (A-B)348.05129.32. Investments145.1927.5Add CWIP479.93419.7Net Block490.04336.5Less Depreciation969.97756.2Gross Block625.12447.21. Net Fixed Assets

II. Application of Fund

Mar 07Mar 05ParticularsAPPLICATION OF FUNDS (Rs. In Million)

THANK YOU