PRATAA AAP SN SNAC ACKS KS LIMITED MITED Q4 & FY19 - - PowerPoint PPT Presentation

PRATAA AAP SN SNAC ACKS KS LIMITED MITED Q4 & FY19 - Results Presentation May 2019

Discl sclai aimer mer Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Prataap Snacks Limited (PSL) will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward looking statements to reflect subsequent events or circumstances. 2

Co Contents ents 4 Company Overview 12 Industry Overview 15 Avadh Snacks Acquisition- Unlocking Synergies 19 Q4 & FY19 Results Performance 3

Company Overview 4

Co Compa pany ny Snapshot pshot 5 year revenue SKU’s Manufacturing Market Leader in CAGR facilities Rings States Super Stockists Distributors Packets sold per day Diverse Product Portfolio Focus On Product Innovation Pan India Distribution Network Core Management With Deep Domain Expertise Strategically Located Manufacturing Facilities 5

Diverse verse Pr Produc duct Po Portfo tfolio io POTATO CHIPS CHULBULE* NAMKEEN* NACHOS YUM CAKE & NAMKEEN & PELLET SNACKS RINGS, KURVES COOKIE CAKE FRYUMS & PUFF*  Potato  Rice grit &  Corn grit  Gram  Wheat  Made from  Cake centre  Namkeen filled with and Fryums based Corn grit based based# based corn tortillas cream and catering to snack based snack  SKUs: 22  SKUs: 4  Launched in Cake with local tastes snack  SKUs: 7  Market varieties flavours Q4FY18 chocolate flavors  SKUs: 8 leader in  SKUs: 55  Target  Target  SKUs: 4 flavours Rings  SKUs: 4 varieties  Target group: All group: flavours flavour  Target group: group: All  Target  SKUs: 8 Children  Target  Target All group: flavours group: All Youth & group:  Target Children Children group: and Youth Children Diverse product portfolio at strategic price points and pack sizes * Chulbule – Random extruded corn based snack, * Rings, Kurves & Puff – Shaped extruded corn based snacks, * Namkeen – Traditional Indian snacks # Key component is Gram, however, based on the variants, multiple pulses and other condiments might be used 6

Fo Focus us On Pr Product oduct In Innov ovati tion on Namkeen • Banana Wafer Black Pepper • Banana Wafer Salted • Cornflake Mixture Potato Chips Namkeen Potato Chips • Mitha Falahar • Cream & • Garlic Sev Ring Kurves • Tasty Punch • Bhel Onion Mamra • Mango • Cheese • Sev Murmura • Nimbu Chulbule • Masala Matar Chutney and Masala • Achari • Gatiya Masala Potato Chips Potato Chips Namkeen • MRP 15/- masala • Yummy Masala Chulbule Potato Chips • Black Chulbule • Chana pack with variants • Taza Tomato • Mast Masala¹ Pepper • Chatpata • Cream & Onion Choor bigger toys 2017 2018 2019 2009 2012 2013 2014 2015 2016 2010 / 11 Products launched • Launched Launched Yum Introduction of • • Introduction of Introduction Introduction • • • Nachos, and Cake, Cookie Seven Rings, Namkeen of Scoops of Yoodles Kurves Wonders Cake and and Wheels and Creamy Launched • Choco Vanilla range of Sticks Yum-Pie, a Cake healthy snacks variety of sweet snacks, under the new umbrella brand name Rich Feast With a series of products and flavours launched over the years, Prataap Snacks has demonstrated the ability to introduce new products, deliver product innovation and redevelop product categories Note: Data as per fiscal year end (March ending) 1 Subsequently modified and changed to Chatpata

Pan India Pres esen ence ce Strategically located Manufacturing facilities to cater the regional demand Hissar Kashipur No. of Facilities Products 1 No. of Facilities Products Extruded 1 – Contract Facility Snacks, Pellets 1 - Contract Facility Chips, Namkeen Indore 10 1 No. of Facilities Products 5 Chips, Extruded 6 Headquartered 8 1 Snacks, Sweet 2 - Owned in Indore Snacks, Pellets, Guwahati Namkeen 19 4 29 7 6 Rajkot 3 No. of Facilities Products 2 No. of Facilities Products Extruded Snacks, 1 2 - Owned 1 Pellets 1 21 4 87 1 – Owned Pellets, Namkeen Kolkata 1 Ahmedabad 1 No. of Facilities Products No. of Facilities Products 7 2 - Contract Facilities Chips, Namkeen 2 – Contract Facilities Chips & Nachos 2 Karjat Region No. of States / UT No. of Super Stockists 1 No. of Facilities Products 2 North 7 53 6 1 - Contract Facility Pellets East 12 39 South 5 18 Bengaluru West 5 135 1 7 No. of Facilities Products Chips, Pellets, 2 - Contract Facilities Extruded Snacks *Includes one Union Territory, Map not to scale 8

Guided ided By By An An Ac Accomplished omplished Bo Board d Of Director rectors Arvind Mehta Amit Kumat Apoorva Kumat G.V. Ravishankar Nominee Director (Sequoia) Chairman & Executive Director Managing Director & CEO Executive Director (Operations) Over 12 years in management Over 29 years of experience in Over 22 years in the snacks foods Over 22 years in the snacks foods consultancy & PE investments real estate business along with industry industry over 15 years in the snack foods Earlier with Prakash Snacks and Earlier with Prakash Snacks and Previously worked with McKinsey industry and in the financing Hello Agro Food Products Hello Agro Food Products business & Company Vineet Kumar Kapila Dr. Om Prakash Manchanda Haresh Chawla Chetan Kumar Mathur Independent Director Independent Director Independent Director Independent Director COO (RPC North of United Spirits) CEO & Exe. Director (Dr. Lal Partner (India Value Fund) & 30 years of experience in F&B & earlier MD (Spencer’s Retail ) Pathlabs) & earlier with Hindustan earlier CEO (TV18) industry, worked with PepsiCo Lever, Ranbaxy Laboratories India for 23 years Limited Anisha Motwani Mr. V.T. Bharadwaj Independent Director Non-Executive Director Over 15 years in management Partner (Storm the Norm consultancy & PE investments Ventures) Previously worked with Sequoia Capital Earlier with General Motors India and McKinsey & Company & Max Life Insurance Company PSL has high standards of Corporate Governance and sound internal control policies 9

Co Core e Mana nagement gement With th Deep ep Domai main n Ex Experti ertise se Corporate functions Amit Kumat Arvind Mehta Apoorva Kumat Subhashis Basu Sumit Sharma Managing Director & CEO Chairman & Executive Director Executive Director (Operations) COO CFO Over 22 years in Snack Over 29 years of experience in Over 22 years in Snack foods Around 26 years in the 16 years in Finance & foods industry real estate business along with industry. FMCG sector Earlier Accounts Earlier with Prakash Snacks over 15 years in the snack with Parle, Pepsico Earlier with Prakash Snacks and Earlier with Crompton foods industry and in the and Hello Agro Food India and Mother Hello Agro Food Products Greaves, L&T-Case financing business Products Dairy 10

Prataap Snacks’ Evolution Acquired 80% Guwahati new plant stake in Avadh commissioned Snacks, a leading snacks player Sequoia’s initial ISO Certification for Indore In Gujarat investment of Rs. 620 chips manufacturing plant Doubled the mn Entered into new capacity of Potato Prataap Snacks Conversion of company 3P Contract Prakash Snacks Introduction of Chips plant at Indore incorporated. Installed from Private to Public Manufacturing Yoodles and from 6,000MT per Prataap Snacks took Commenced Chulbule in Kashipur and Creamy Sticks annum to 12,000MT over the business of Faering Capital took 2.9% Karjat trading plant at Prakash per annum in Cheese Balls Snacks in Indore Prakash Snacks stake Set up a plant to Commissioned Rings Commissioned Increased the Successful IPO – Prataap Snacks and Namkeen plant Guwahati plant for capacity of oversubscribed 47x; listed manufacture incorporated and in Indore Rings, Chulbule Chulbule and on NSE & BSE on Oct 5, 2017 Potato Chips in set up a Potato Chips and Pellets Rings plant at Indore plant in Indore Introduction of Rings, Indore Launch of Kurves, Nachos Namkeen and Introduction of in Salty Snacks and Yum-Pie Wheels Scoops in Sweet Snacks Entered into 3P Contract Manufacturing at Ahmedabad, Kolkata -2 and Bengaluru-2 Note: Fiscal year ended March 11

Industry Overview 12