DHANUKA

Dhanuka Agritech Limited anu Date: 1s' November, 2022 Listing Department The Department of Corporate Services- National Stock Exchange of India Limited Listing Exchange Plaza, BSE Ltd. Plot No. C/1, G. Block, Phiroze Jeejeebhoy Towers, Bandra- Kurla Complex, Dalal Street, Bandra East, Mumbai-400 051 Mumbai- 400 001 Symbol: DHANUKA Scrip Code: 507717 Sub: Investors Presentation on Un-Audited Standalone & Consolidated Financial Results for the Quarter and Half Year Ended 30th September, 2022 Dear Sir, Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the attached Investors Presentation on Un-Audited Standalone & Consolidated Financial Results for the Quarter and Half Year Ended 30th September, 2022. We hope you will find the same in order, Thanking You, Yours faithfully, For Dhanuka Agritech Limited Jtii t rDiegiitnal ly acsoignnae d Date: 2022.11.01 Sadana rsz210530 Jitin Sadana Company Secretary and Compliance Officer FCS-7612 Encl: a/a Registered Office : 82, Abhinash Mansion, 1" Floor, Joshi Road, Karol Bagh, New Delhi-110005, Ph. : +91 011-23534551 & 23534557 Corporate Office : Global Gateway Towers, Near Guru Dronacharya Metro Station, MG Road, Gurugram -122002, Haryana Tel. : +91-124-434 5000, E-mail : heado@ fdhfaniukac.ceom , Website : www.dhanuka.com CIN: L24219DL1985PLC020126 anu Dhanuka Agritech Limited (DAL) (BSE: 507717; NSE: DHANUKA) Q2 FY2022-2023 Farnings Presentation November 01, 2022 Table of Content anu Content Page No. Performance Highlights 3—7 Company Overview 8 —9 Financial Overview 10 Q2 FY2022-23 Result Highlights anu EBITDA(excluding other income) and EBITDA Margin Revenue from Operations and Gross Margin 98 543 ue 2 17.96% 18.72% 34.04% 36.87% On EY 23 OEY 2 Q2 FY 23 Q2 FY 22 ¢* Revenue from Operations: Revenues from Operations stood at Rs. 542.90 PAT and PAT’ Margin Crores in Q2 FY2022-23 vs Rs. 438.83 Crores in Q2 FY2021-22. ¢ EBITDA: EBITDA stood at Rs. 97.52 Crores in Q2 FY2022-23 vs Rs. 82.16 Crores in Q2 FY2021-22. wh Pa ¢ PAT: Profit after tax was at Rs. 73.02 Crores in Q2 FY2022-23 vs Rs. 63..38 Crores in Q2 FY2021-22. Q2 FY 23 Q2 FY 22 * Revenue from Operations: expecting double digit growth * EBITDA: expecting all most similar growth in line of previous year All Figures in Rs Crores Managing Director’s Message anu Dhanuka Agritech is working with the vision of Transforming India through Agriculture. Our belief is that when we transform the lives of farmers by enhancing their oroductivity and quality and in turn enhancing their income, we are making a small contribution in Transforming India. We work in all major crops in India and have implemented the best-in-class technology to ensure a smooth and efficient supply chain. We have a pan-India presence through our marketing team and warehouses in all major states across India. With three manufacturing units and 41 warehouses across India, we cater to around 6,500 distributors and dealers and around 80,000 retailers. Through this extensive network Dhanuka reaches out to approximately 10 million Indian farmers with its products and services. Dhanuka has more than 1,000 techno-commercial staff, supported by a strong Sales and Marketing team to promote and develop new oroducts. The Board of Directors of the Company in its meeting held today has approved the proposal for the buyback of 10,00,000 Equity Shares of the Company for an amount not exceeding Rs. 85 Crores (Rupees Eighty-Five Crore only) at a maximum price not exceeding Rs. 850/- (Rupees Eight Hundred and Fifty only) per Equity Share. The Mr. Mahendra K Dhanuka Puyback ts subject to all applicable statutory approvals. Managing Director . We are happy to inform that the Company has set up the Dhanuka Agritech Research and Technology Centre at Palwal, Haryana on 6-acre land equipped with all laboratory facilities and a training hall with a capacity of 100 farmers. The R&D Center will also be able to facilitate the demonstration of “package of practice” of various crops as per the season for increasing their quality, yield and income. The Hon’ble Chief Minister of Haryana, Shri Manohar Lal Khattar Ji has very kindly given his consent to inaugurate our R&D Centre at Palwal on November 4, 2022. After initiation of the Exports department in September, we have started receiving queries from International markets for our current products portfolio and we expect these leads to be used for exports of products coming from Dahe plant as well. Further, we are ready for launching our new range of Biological products in the month of November, with an initial portfolio of 6 products. These products are currently being sourced from the best third party vendors in the industry. Setting up of Dahej Plant 1s progressing as per the scheduled time and we are expecting production to start from March’2023. The Company has obtained the Registration Certificates in CIB & RC u/s 9(3) - Decide 31% WG u/s 9(3) for the control of various insect in Chilli. The Company was awarded in ABSA 2022 in the category — “the Most Innovative Campaign — Horticulture”. Further, I received Zee Business Award for contribution in Agriculture Sector conferred by Hon’ble Shri Manohar Lal Khattar, CM of Haryana at MDU, Rohtak on 15"* September, 2022. The Ministry of Agriculture have issued notification restricting use of Glyphosate to Pest Control Operators only. The Industry Associations are approaching to the State Governments to discuss the effect, implementation, strategies and challenges of implementation of said order. Q2 FY2022-23 Income Statement anu Revenue from Operations 542.90 438.83 23.7% 1477.78 1387.47 6.5% COCs 358.08 277.04 29 3% 939.08 863.31 8.8% Gross Profit 184.82 161.79 14.2% 538.70 524.16 2.8% Gross Profit Marein(as a% of sales 34.04% 36 87% 36.45% 37.78% Employee Benefit Expenses 34.49 33.83 2.0% 120.50 118.27 7.9% Other expenses 52.82 45.80 15.3% 154.81 136.78 13.2% EBITDA 97 52 82.16 18.7% 263.39 269.11 (2.1%) EBITDA Margin(as a % of sales 17.96% 18.72% 17.82% 19.40% Depreciation and amortisation expenses aod 4.07 4.9% 16.28 tele 7.2% EBIT 93.25 78.09 19.4% 247.11 253.93 (2.7%) EBIT Margin(as a % of sales 17.2% 17.8% 16.72% 18.30% Finance Cost 0.78 0.68 14.7% 3.20 2.70 18 5% Other Income 5.50 6.93 (20.6%) 33.59 33.70 (0.3%) PBT 97.97 84.34 16.2% 277.50 284.93 2.6%) Total tax 24.95 20.96 19.0% 68.70 74.38 (7.6%) PAT 73.02 63.38 15.2% 208.78 210.55 (0.8%) PAT Margin(as a % of sales 13.45% 14,44% 14.13% 15.18% Basic EPS 15.68 13.61 15.2% 44.82 44.61 0.5% Q2 FY2022-23 Revenue Mix (By Geography and Segment) anu Rs. 543 Crore Rs.439 Crore Rs.543 Crore Rs.439 Crore Q2 FY 23 Q2 FY 22 Q2 FY 23 Q2 FY 22 § Insectisides Fungicides m Herbicides ™ Others B North South East & West All Figures in Rs Crores Innovation Turnover Index anu New Molecules as a % of Total Revenue 20% 17% 17% 15% ! 12% 11% ; ; | FY17 FY18 FY19 FY20 FY21 FY22 H1 FY 23 Why Dhanuka Agritech? dhanuka 09, a. | Qy 1. | “so Unique Asset Light Model CY Rural FMCG Play S 7) Diverse Product Portfolio Minimal investments required in fixed assets. 40 warehouses, 7,000+ distributors and 300+ registrations across Herbicides, Aim is to leverage strong formulation 80,000+ retailers to service the needs of Insecticides, Fungicides and Plant Growth capabilities by partnering with global over 10 million touchpoints across farmers Regulators, ~90 Products across all innovators segments “OanyO : Global Innovator Tie Ups of Robust Pie pelien e looJ ft Profitable Growth World’s leading agrochemical companies Focus on margin accretive 9(3) portfolio. Higher contribution of margin accretive from the US, Japan and Europe have Target to launch 8 new products across all products, growth in volumes from existing partnered with Dhanuka Agritech to segments over the next two years products to drive return ratios introduce latest technology to Indian farmlands Product Segments dhanuka % of Revenues(Q2 FY2022-23) 31% 21% 37% 11% Aaatank 25% EC, Ad-fyre 70% WG Barrier 70% WP, Chempa 70% WDG Apply 50% WG, Areva 25% WG Comex, Craze 50% EC, Craze-X 37% EW Areva Super 30% FS, Caldan 4G Dabooch 84% WDG, D-era 71% SG, Caldan 50 SP, Cover Granules 0.4% Ger. Conika 50% WP, Cursor 40% EC Dhanutop 30% EC, Dhanutop Super 30% EC Dhanuvit, Cover Liquid 18.5% w/w SC, Decide Dhanucop 50% WP, Dhanuka M-45 75% WP Dhanuzine 50% WP, Dozo Maxx 10% MEC Dhanvarsha Deva Shakti 5% EC, Dhanpreet 20% SP Dhanustin 50% WP, Godiwa Super Dynofop 15% WP, Fenox-1000 5.1% EC Dhanzyme Gold Dhanulux 25% EC, Dhanusan 50% EC Hexadhan Plus 5% SC, Kasu-B 3L Dhanzyme Gold Gr. Maxx-Soy, Nabood 40% DF Dhanvan 20% EC, D-One 21.8% w/w SC Key Products Kirari 20% W/V SC, Lustre 37.5% SE Dhanzyme Granules Noweed 41% SL, OneKall, Oxykill 23.5% EC Em-1 5% WG, Fax 5% SC, Foster 20% SC Nissodium 5% EW, Sheathmar 3% L Maxyld 0.001% Ozone 24% SL, Qurin 25% WP, Sakura 10% Jackal 4.9% CS, Largo 11.7% SC EC Sixer 75% WP, Spectrum 29.3% SC Mycore Markar 10% EC, Media 17.8% SL Sempra, Targa Super 5% EC Vitavax Power, Vitavax Ultra Suelo Media Super 30.5% SC, Mortar 75% SG Wetcit Terminal 13.5% SL, Tornado Zetox 25% EC, ZANET Omite 57% EC, Pager 50% WP Weedmar 38% EC, Weedmar 80% WP Ripple 75% SG, Super D 55% EC Weedmar Super 58% SL, Weedmar Super 58% Superkiller 10% EC, Superkiller 25% EC SL Triumphcard 0.4% Dust , Zapac 22.1% Annual P&L Trend: Focus on Profitable Growth _ Revenue from Operations and Gross Margin |E BITDEBAITDAa Marngind 43.6% 41.6% 0 19.4% 17.0% 17.0% FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Disclaimer anu This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Dhanuka Aegritech Limited (“Dhanuka Agritech” or the Company) future business developments and economic performance. While these forward looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Dhanuka Agritech undertakes no obligation to publicly revise any forward looking statements to reflect future / likely events or circumstances. 11 Dhanuka Agritech Limited (CIN: L24219D1L1985PLC020126) Global Gateway Towers Near Guru Dronacharya Metro Station, MG Road, Gurgaon -122002, Haryana. Contact No: +91-124-4345000 Email: Investors@dhanuka.com