HATSUNNSE25 July 2022

Hatsun Agro Product Limited

1,579words
2turns
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0executives
Key numbers — 9 extracted
25%
ai - 600 119, Tamil Nadu, India. P: +91 44 2450 1622 F: +91 44 2450 1422 HAPL\SEC\30\2022-23 25% July, 2022 BSE Limited Corporate Relationship Department 2nd Floor, New Trading Ring, Phiroze
rs,
SE Limited Corporate Relationship Department 2nd Floor, New Trading Ring, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 National Stock Exchange of India Ltd Exchange Plaza, 5" Floor, Pl
21%
of Directors held on 19" July, 2022 — Reg. Ref: Our Office Letter Ref No: HAPL\SEC\28\22-23 dated 21% July, 2022 Pursuant to Regulation 30 — Schedule III, Part A, Para A, item 15(b)(ii) of the SEBI
2000 crore
un Agro that’s the stock that is reacting to its first quarter earnings for the company reported 2000 crores plus in terms of a top line the first private sector dairy company to do so but the reason why
2000 crore
Slot 5 Slot 6 Slot 7 Slot 8 All right 12 to 13 percent and what about your revenue because 2000 crores the first time a private sector dairy company has done that sort of revenue in a quarter. Do you
7500 crore
? what’s your outlook in terms of revenue growth? So you will end with the revenue of close to 7500 crores? Sir. Okay all right. What about your ice cream business you briefly mentioned to us about it.
10%
helles. Next year onwards this can be probably somewhere around 10 percent of the turnover. From 10%. We have to just look up to other Countries joining. Slot 10 Slot 11 Slot 12 Slot 13 Sl
450 crore
f exports by the end of FY 23 or 24. Okay. Uh and one more thing I wanted to understand you know 450 crore worth capex that you have done in the previous year. What’s your capex for the this year? comp
500 crore
years with So capex plan the CAPEX. continues. This year also we will be spending about 450 to 500 crores of capex. the existing capacity, building some new capacities. in Rajamundhry we have found
Guidance — 13 items
Corporate Office
opening
So this quarter we will be stabilizing the margins.
Corporate Office
opening
Because probably that prices are softening, we are also marginally increasing the price and going forward probably this will be more than a double digit EBIDTA will come from this quarter.
Corporate Office
opening
But going forward from the next half of the succession year, I believe that can maintain probably we somewhere to be 12 to 13 percent.
Corporate Office
opening
Okay Okay all right so market so your revenue share from ice cream will be say mid teens you know very very roughly if if we assume that.
Corporate Office
opening
We expect a run rate of about 20 percent.
Corporate Office
opening
But we intend to take it to 10 more Countries in a gradual manner Malaysia, Mauritius and other Countries.
Corporate Office
opening
This will be happening in the course of this year.
Corporate Office
opening
Next year onwards this can be probably somewhere around 10 percent of the turnover.
Corporate Office
opening
10 percent is what you target in terms of exports by the end of FY 23 or 24.
Corporate Office
opening
This year also we will be spending about 450 to 500 crores of capex.
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Risks & concerns — 2 flagged
Can you tell us that you know how much has raw material pressure eased and what do margins look like from here on.
Corporate Office
So this will also percolate to India and we believe that the raw material prices are likely to soften.
Corporate Office
Speaking time
Registered Office
1
Corporate Office
1
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Opening remarks
Registered Office
No.41 (48), Janakiram Colony Main Road, danakiram Colony, Arumbakkam, Chennai - 600 106, Tamil Nadu, India E: info@hap.in | www.hap.in CIN: L15499TN1986PLC012747
Corporate Office
No 14, TNHB ‘A’ Road, Sholinganallur, Chennai - 600 119, Tamil Nadu, India. P: +91 44 2450 1622 F: +91 44 2450 1422 HAPL\SEC\30\2022-23 25% July, 2022 BSE Limited Corporate Relationship Department 2nd Floor, New Trading Ring, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 National Stock Exchange of India Ltd Exchange Plaza, 5" Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra(E), Mumbai — 400 051 Stock Code: BSE: 531531 NSE: HATSUN Dear Sir / Madam, Sub: Transcript of the Interview given by Mr. R G Chandramogan, Chairman of the Company to CNBC TV 18 on 20" July 2022, a day after the Meeting of the Board of Directors held on 19" July, 2022 — Reg. Ref: Our Office Letter Ref No: HAPL\SEC\28\22-23 dated 21% July, 2022 Pursuant to Regulation 30 — Schedule III, Part A, Para A, item 15(b)(ii) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the transcript of the interview of Mr. R G Chandramogan, Chairman of the Company given to
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