ADF foods May-24

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Questions and Answers

What is the total investment amount pledged for ADF Soul's growth in FY25?

Rs. 13 crore (correct)

Rs. 15 crore

Rs. 10 crore

Rs. 20 crore

What was the total regular dividend paid by the company in FY20?

Rs. 13.2 Cr

Rs. 30.0 Cr (correct)

Rs. 6.0 Cr

Rs. 43.9 Cr

Which products are included in ADF Soul's new product line for FY25?

Desserts and beverages

Olive oil-based chutneys and pickles (correct)

Frozen meals and snack bars

Canned food and dry spices

Which year saw the highest share buyback amount?

FY22 Signup and view all the answers

Who has been onboarded to lead the 'Soul' initiative?

An experienced senior professional from a leading consumer company Signup and view all the answers

What is the target audience for the gourmet products offered by ADF Soul?

Non-Indian diaspora seeking traditional Indian flavors Signup and view all the answers

How much did the company recommend as special dividend in FY21?

Rs. 1.20 per share Signup and view all the answers

What was the regular dividend amount for FY19?

Rs. 43.9 Cr Signup and view all the answers

Through which channels are ADF Soul's products being sold?

Modern trade stores and large supermarkets Signup and view all the answers

Which amount reflects the total dividends returned to shareholders since FY19?

Rs. 69.0 Cr Signup and view all the answers

Which region does the company NOT have a geographical presence in?

Africa Signup and view all the answers

What is the focus of the agency distribution business mentioned?

Leading FMCG companies Signup and view all the answers

Which fiscal year shows the highest revenue according to the FY24 revenue breakdown?

FY23 Signup and view all the answers

What percentage is represented in the context of the processed foods?

83% Signup and view all the answers

What type of products does the company primarily focus on?

Processed foods Signup and view all the answers

What is the primary focus of the innovative product portfolio strategy?

Launching customer-centric products Signup and view all the answers

Which factor is NOT mentioned as a method for strengthening ADF market presence?

Increasing online advertising Signup and view all the answers

What was Ashoka's reported revenue crossing according to the brand strength initiatives?

Rs. 250 Cr Signup and view all the answers

What percentage growth did EBITDA see in Q4 FY24 compared to Q4 FY23?

5.6% Signup and view all the answers

Which business strategy is emphasized for enhancing distribution and warehousing?

Acquiring strategic warehouses Signup and view all the answers

What does the abbreviation 'PAT' in the financial performance metrics stand for?

Profit After Tax Signup and view all the answers

Which initiative is mentioned as a benefit in promoting branding?

PLI benefits Signup and view all the answers

How is the growth in Ashoka's brand performance quantified?

Through revenue crossing a specific amount Signup and view all the answers

What is a key feature of the new cold storage facility established by ADF?

It increases the capability to handle frozen products. Signup and view all the answers

Which of the following brands is NOT mentioned as a partner for ADF's distribution business?

Tetley Signup and view all the answers

What does HALAL certification assure about the products?

They do not contain ingredients forbidden for Islamic followers. Signup and view all the answers

What benefit does the strengthened distribution business provide to ADF?

Increased shelf space visibility. Signup and view all the answers

Which certification is meant to ensure high occupational health and safety standards?

SGS accreditation Signup and view all the answers

Who is the Chairman and CEO of ADF Foods Ltd?

Bimal Thakkar Signup and view all the answers

What does the SMETA AUDIT assess?

Business ethics and quality standards Signup and view all the answers

How does the distribution model operate for ADF's business?

Using both push and pull effects. Signup and view all the answers

What accomplishment is associated with APEDA certification?

Certification for exceptional exports performance Signup and view all the answers

Which of the following is a key experience highlighted by Ravinder Jain?

Pharmaceuticals and healthcare Signup and view all the answers

In what year was ADF Foods Limited founded?

1932 Signup and view all the answers

How many countries does ADF Foods distribute its products to?

55 Signup and view all the answers

What is the approximate annual food processing capacity of ADF Foods?

~28,000 MT Signup and view all the answers

Which of the following is NOT mentioned as part of ADF Foods' offerings?

Canned beverages Signup and view all the answers

What is the significance of Ashoka in ADF Foods?

It is the flagship brand demonstrating strong growth. Signup and view all the answers

Which of the following statements best represents ADF Foods' market approach?

Utilizing a wide-reaching distribution network. Signup and view all the answers

What was ADF Foods' reported 3-year CAGR for Ashoka from FY21 to FY24?

29%+ Signup and view all the answers

Which aspect is highlighted as part of ADF Foods' growth strategies?

Innovative manufacturing techniques and sustainability. Signup and view all the answers

How many product SKUs does ADF Foods showcase?

400+ Signup and view all the answers

What type of products does ADF Foods primarily deal with?

Prepared ethnic food Signup and view all the answers

Study Notes

ADF Foods Limited Investor Presentation Q4 FY24

Presentation covers Q4 and FY24 performance
Presentation uploaded on company website: www.adf-foods.com
Company is a leading manufacturer and distributor of prepared ethnic food
Established in 1932
Products available in over 55 countries
Annual food processing capacity of ~28,000 MT
Owns 8 distinctive brands with high recall value
Has 400+ product SKUs
Extensive presence across value chain

Company Overview

One of the largest Indian exporters of processed food
Significant growth potential through organic and inorganic opportunities
Aims to expand its India business via e-commerce and modern trade channels
Explores and avails of production incentives (PLI)
Hiring professionals in India and internationally for growth

Business Overview

Core business includes manufacturing of processed foods and agency distribution
Processed foods division is one of the largest Indian exporters
Distributorship for several FMCG companies like Lipton, Brooke Bond Red Label, Taj Mahal, and Knorr
Focus on leveraging extensive experience & deep domain knowledge
Continued product innovation, introducing new, customer-centric products

Industry Trends & ADF Growth Aspirations

Surge in health-conscious ethnic options (plant-based, vegetarian, vegan)
Growth of ready-to-eat ethnic food market
Rise of fusion cuisine and street-food inspired dishes
Increased consumer experimentation with global flavours
Social media and technology enhancements for access to and interest in ethnic cuisines

Financial Performance

Consolidated 5-year financial highlights included
Revenue from operations, Gross profit, EBITDA, PAT, and Balance sheet highlights are presented
Figures from FY20 to FY24 available
Detailed financial data provided for each financial year

New Product Launches in Q4 FY24

New products launched in Q4 FY24 included frozen sweets, canned sweets, dips & sauces, frozen snacks, frozen breads, and shelf-stable items

Manufacturing Facilities

Plant 1 located in Nadiad, Gujarat, with a ~26,000 sq.m built-up area
Plant 2 located in Nasik, Maharashtra, with a ~12,000 sq.m built-up area
Annual food-processing capacity: 28,000 MT

Warehousing Facilities

Cold storage facilities in New Jersey, USA (66,000 sq. ft.)
Atlanta, USA (34,000 sq. ft.)

Distribution Business

Company has expanded its distribution business, now broadening its portfolio to include several FMCG companies
Works with existing distribution partners (e.g., large supermarkets and food retailers)
Strengthens presence in US and Europe

Marketing Initiatives

Increased shelf visibility for products and translated increased consumer loyalty into improved performance
Marketing initiatives include product sampling at retail stores and sponsorship for live television broadcasts (e.g., Tata IPL)
Utilization of platforms like YouTube, Instagram, and LinkedIn for engagement with consumers through product, story and event snapshots that include contest

Certifications & Accreditations

Company adheres to multiple standards for management systems, occupational health & safety, manufacturing processes and quality

Board of Directors

Details of board members, including experience, educational background and involvement throughout the company history
Includes chairman, managing directors, CEO, and directors

Geographical Presence

Firm’s geographical presence features several countries
Focus includes North America, Europe, Australia, Middle East and Asia Pacific
2 manufacturing locations in Nadiad and Nasik
Company’s distribution warehouses located in New Jersey and Atlanta, USA

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Description

Test your knowledge on ADF Soul's financial performance and strategic initiatives from FY20 to FY25. This quiz covers key metrics, product lines, and dividend information, providing insights into the company's growth and market strategies. Perfect for finance enthusiasts and stakeholders of ADF Soul.