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JHS Svendgaard Laboratories Ltd. — Investor Presentation 2021
Aug 11, 2021
61621_rns_2021-08-11_59f63fb4-24e7-4f06-849c-6185e0b5203c.pdf
Investor Presentation
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August 11, 2021
BSE Limited Department of Corporate Services Exchange Plaza, Phiroze Jeejeebhoy Towers, Dalal Street Bandra Kurla Complex Mumbai — 400 001
National Stock Exchange of India Limited Mumbai — 400 051
Scrip Code: 532771
Trading Symbol: JHS
Subject: Presentation on the Un-Audited Financial Results of the Company for the quarter ended on 30" June, 2021
Dear Sir/Madam
Please find enclosed a presentation on the Un-Audited Financial Results of JHS Svendgaard Laboratories Limited for the quarter ended on 30" June, 2021.
You are requested to kindly take the above information in your records.
Thanking You, For JHS Svendgaa

Registered Office : Trilokpur Road, Kheri (Kala-Amb), Tehsil-Nahan, Distt. Sirmour, Himachal Pradesh - 173030, INDIA Tel. : +91-1702-302119/121/102 - Fax : +91-1702-302125


This presentation has been prepared by JHS Svendgaard Limited (the "Company") solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.

Company Overview
India's largest integrated manufacturer of oral care products

About Us
India's largest integrated manufacturer of oral care products
- Incorporated in 1997 as India's leading private label manufacturer of oral care products – Toothbrushes, Toothpastes, Mouthwashes and Denture Tablets
- Headquarter in New Delhi
Diversified Product Portfolio
- Leading manufacturer of Oral Care range for both Kids and Adult segments.
- Manufactures and sells oral care products under its proprietary brand 'Aquawhite'. The brand specializes in kids oral care products
▪ In house R & D means "Constant Innovation" .This leads to quality products & newer concepts

Unique Manufacturing Facility
- Located in Kala Amb (Himachal Pradesh) spreading across 20 acres with 6 manufacturing units
- 2 toothbrush units, 2 tooth paste Units – Ayurveda and Cosmetic .Additional Injection molding units
- Upcoming Plant for personal care products such as Talc, Lotion, Shampoo etc
- Over 200 Employees engaged at plant site
Experienced Sales & Distribution
-
Well established sales & distribution system spread across entire India
-
Supplies and access to strategic export markets such as US, Europe, Middle East, SE Asia etc
-
Conservative Balance sheet – Net Debt to Equity ratio -0.10 in FY21
-
Virtually debt free

Journey so far…

Founder & Lead Management's Experienced Profile

Nikhil Nanda Founder & Managing Director
JHS is led by young, dynamic & self-motivated visionary, Mr. Nikhil Nanda. A first-generation entrepreneur , a man of strong judgment and deep insight, whose committed focus and dedicated passion has enabled JHS to emerge as one of the leading Oral-care manufacturers facility in the country.
A postgraduate from one of premier B-schools in India, Fore School of Management. He worked for a year before he pursuing his MBA. Mr. Nanda worked as a summer trainee under MD of Gillette in the year 1996 where he was drawn towards building his own business and not taking up a job during campus placement with Nestle.
Driving forces behind getting into manufacturing of Oral Care space were these thoughts:
In the year – 1997, Mr. Nanda`s entrepreneurial journey began with three fundamental principles:
- ✓ Demand for oral care products was directly proportional to India's fast growing population .There was a huge market for expansion due to product's low penetration (49% in 1996). Entry of big brand names in the segment created a high opportunity for growth.
- ✓ Line model of manufacturing and technology creating the multiplier effect.
- ✓ Excise Exemption and SSI reserved product, hence an excellent opportunity for contract manufacturing.
This led to the creation of Svendgaard Labs later merged to form JHS, an Enterprise which initially manufactured toothbrushes followed by many more FMCG products. His strong business acumen and skills saw him bid for manufacturing mandates from various International & National oral care brands
JHS has grown over the years because of Mr. Nanda's sharp skills as well as by adopting the right growth strategy. This led to building its market presence and leadership in Oral Care category
7 JHS will respond with speed and sensitivity to great Indian consumption boom. We shall be the brand behind brands . Strive to be the most visible Indian brand capturing attractive upside of Indian consumption journey for our customers and shareholders

Strong Experienced Board of Directors
Our Board of Directors & advisors consists of professional from varied field with relevant experience, to ignite and lead new ideas as well as drive growth through their diverse experience

- Best Analyst of India for consumer companies .
- MD-Sixth sense ventures.
- Heading Top PE fund of India

Mr. Nikhil Vora Mr. Rajagopal Chakravarthi Venkateish Mr. Safir Anand Mr. Kapil Manoch Smt. Balbir Verma,
- IIT-M & IIM-C, ▪ Ex -Country Head Oral-B, India.
- Held Management position in FMCG & Sports Industry

▪ IP expert, Brand Strategist and Advisory to Fortune 500 companies

▪ Specializes in Asset and Project Management, FDI investments, seed/ First Round Funding, strategy development, dispute Resolution

IRS (Retd.) Mr. Mukul Pathak
▪ Principal Chief Commissioner of Income Tax with over 37 years in department at various positions including 15 years in Mumbai as Commissioner of corporate circle

▪ Associated with reputed Civil Services mentorship institutions over years

Experienced and Professional Management

Paramveer Singh
(Chief Executive Officer)
- Area of Expertise: Process innovation/optimization, formulation and fabrication in in Chemical, Process, Food & Beverage, EPC, Cosmetics, Pharmaceutical, Railways
- Industrial engineer with 20 years of experience in process, formulation and fabrication. His expertise encompasses erection, commissioning & maintenance of equipment for manufacturing oral care, cosmetics, chemicals and plastics

Ashish Goel
(Chief Financial Officer)
- Area of Expertise: FMCG, Corporate Finance, Strategy, Banking, Fund Raising, Imports & Exports, Execution, Team Building
- M.B.A with over 11 years of experience as Finance Professional Skilled in Private Equity Funding, Mergers & Acquisitions (M&A), OTS, Capital Structuring, Focused Strategy Execution, Banking, Working Capital Management, Procurement, Imports & Exports, Commercial Contracts and Litigation

Jitender Sharma
(QA Head)
- Area of Expertise: New product development, Consumer insighting ,Regulatory and Quality Assurance with strong knowledge of quality standards
- Experience of over 15 Years with Planning and project management skills, strong ability to lead and motivate a team; Works on different kind of formulation like Toothpaste (medicinally & Ayurvedic) , Kids Toothpaste, Mouthwashes, Shampoo, Hand wash, Sanitizer and other type of personal care products & Home Hygiene care products (Detergents & cleansers)

Kashyap Boruah
- (GM – Private Label)
- Area of Expertise: Product launch, market plans execution, pre sales efforts, competition and market analysis
- Experience of 15 years in the areas of Chemicals, Packaging and Contract Manufacturing

Key Strengths
- Leading manufacturer of oral care range for two and a half decades . Caters to both Kids and Adult segment.
- Manufacturers of Toothbrushes, Toothpastes, Mouthwashes, Laundry detergents, Hand sanitizers, Room Fresheners and Denture Tablets
- Biggest USP: Single entity across the world to manufacture both toothbrush and toothpaste in one campus . This ensures cost saving upto 10% for combo / value products
- State-of-the-art manufacturing facilities located at Kala Amb, Himachal Pradesh.
- Additional land bank and tax benefits for immediate capacity / category expansion.
- Toothpaste unit continues to enjoy tax benefits under new GST policy
- Conservative Balance sheet Net Debt to Equity ratio -0.10 in FY21
- Virtually debt free

- Closely working with reputed FMCG brands - domestic and global.
- Majority of outsourcing relationships with customers are long-term contracts. Every year new SKU's are being added to product line providing adequate revenue visibility
- Managing Director, Mr. Nikhil Nanda engaged in oral care business for more than two decades.
- Dynamic & rich experience across business verticals.
- Diverse team with right mix of operational & technical expertise .
- A dedicated and skilled employee base
Business Overview
A leading oral care brand in Delhi and the NCR region

Private labelling for prestigious Brands


CLASSICO BRANDS






AMWAY

AMWAY GLISTER
SPENCERS
ADVANCED


Bath & Beauty Sensitive

Binaca Top


Bath & Beauty Active Clean Pack Of 4
Bath & Beauty Popular Flexi
Pack Of 4 Bath & Beauty Popular Flexi
Bath & Beauty Tongue Cleaner Pack Of 8
Pack Of 4


STRAWBERRY TOOTHPASTE
ORANGE TOOTHPASTE

Manufacturing Facilities
- ISO -certified, state -of -art manufacturing facilities at Kala -Amb (Himachal Pradesh), India with additional land bank and built -up unit to turn around any new initiatives / projects immediately
- Fully integrated oral care unit to manufacture toothpastes and toothbrushes in same premises, reconciling completely different manufacturing competencies mechanical and chemical under one roof


Manufacturing Facilities contd…

Toothpaste Manufacturing


Toothpaste Unit Main Mixing Tank
Toothbrush Manufacturing

Moulding Shop Floor


15 Bristling Operations Zahoransky Tufting & Trimming Machine

Strong Research & Development Facility

- In house R & D means "Powerhouse of innovation"
- Client's products, formulae, or ideas- All this can be turned into customized commercial products. JHS has its own internal target to distinguish themselves from any other manufacturers . It has customized capabilities to develop and manufacture each product with complete responsibility for best quality and available to all sections to our society.
Key highlights of Research and Development at JHS are:
- R&D for oral care for any new formulation in both Ayurvedic & Cosmetic category.
- R&D for Personal Care & Toiletries at South available but still under negotiation for acquisition
- Immediate team of R&D consultant available to develop formulation for Personal and Toiletries if required now


Best in Category Capabilities

Toothbrushes
- High end rotating, Hot runner mold with Twin Barrel machine for premium quality Injection Molding of double & triple color component handle;
- 33 + 4 (Single barrel / Double Barrel) Horizontal Injection Molding Machines of L&T and Haitian
- 27 Vertical Injection Molding Machines and 4 rotatory machines
- 74 [6 (Integrated) + (41 (Tufting) +27 (Trimming)] Bristling Machines from ZAHORANSKY of Germany, Boucherie of Belgium and Alpha Plus from Taiwan
- 5 Auto Packaging Machines from ZAHORANSKY, Hoonga & Boucherie to Form / Seal / Cut Toothbrushes automatically
- 2-layer manufacturing facility to do low cost as well as high-cost toothbrushes at separate locations with requisite GMP standards as per product/customer requirements

Oral Care, Personal Care and Health & Hygiene
- 4 & 5 Tonnes capacity of Main Mixing Tanks
- Separate facility & licenses for Cosmetic & Ayurvedic Products
- 75 + 50 Tones Storage tanks of Sorbitol tank
- 3 nos. Storage tanks of Paste Holding
- Paste contacting areas are with MOC of SS316L.
- Completely automated PLC controlled batch making process
- Class 100,000 certified site as per PHARMACOPIA
- USP 32 Grade of Dl Water System to provide injectable grade of filtered water to support Micro free production / product
- 5 Micron Filtered AHU
- 7 + 1 Nos. High Speed fully integrated filling lines of 120 TPM & 150 TPM from Wimco
- FDA Norm compliant site

Mouthwashes
- 2.5 Tones of main mixing tank
- 2 Tones of storage tank
- 1 Nos. 6 Nozzle high speed fully integrated filling lines
- Fully automatic packaging machine
- 5 Micron Filtered AHU
- Alcoholic and Non Alcoholic formulations developed

Strong Clientele




















FMCG presence with own Brand
- In 2013 The group ventured into marketing of own brands through its subsidiary "JHS Svendgaard Brands Ltd" with Aquawhite™ as it's proprietary brand. Aquawhite products are being manufactured in the same facility which does the contract manufacturing for acclaimed global brands .
- In 2018, brand developed and promoted a strong focus on Kids Oral Care range with industry first safety and compliance features

Focus on Kids segment
Impetus on product innovation and tactful use of licensing of kid's favourite characters has created a strong portfolio targeting kids . The Company is all set to make the mundane brushing activity more fun and exciting for kids i.e., by developing kid's friendly products promoting Better Health / "Two Two ka Formula"
Innovation in design and formulation
- Products are testimony to innovative approach
- Toothbrushes are specially designed to help children understand "Two Two ka Formula" with products like '2-minute auto off Music' in toothbrush, '2-minute auto off Flashlight in toothbrush' and Sand Timer to time the brushing
- These are flagship models that demonstrate innovation at its best and make kids brush for stipulated time in a playful manner to aid habit formation
- Licensed usage of characters like Chhota Bheem, PAW Patrol etc are being utilised in a manner that integrates characters into products
Fluoride Free' toothpaste ensures well-being of kids even when swallowed, and compliance is induced through various flavours and a range of exciting engagementsthrough their favourite characters

First Company offering diverse products in OHS*
Unique Designs Innovation Excusive Character Tie-up Presence in all ranges



Innovative approaches – an Industry first
Character Associations
▪ Aquawhite is only brand that has a huge kid's character in its portfolio. Official brand-tie-ups and licensed usage of popular & favorite kid`s characters like – Chhota Bheem, Chutki, Shimmer & Shine, PAW Patrol, Pokémon, SpongeBob Square Pants, Angry Birds, Peppa Pig, Shiva, Hello Kitty gives us an edge over competition. This makes for an instant connect with kid's attraction & attention, thereby giving their mothers one less reason to worry about

Communication
▪ Emphasis on communication is basic proposition of brand being a playful partner to kids ,to aid healthy habit of brushing for 2 minutes, 2 times a day. To a mother, the brand is a helping hand who alleviates task of brushing which is hitherto been a difficult one. Created "BRUSH-MATES", a property to let kids pick up their favourite Brush-Mate



Within the year of launch Aquawhite is amongst top 3 kids brands in Delhi-NCR

Awards & Achievements




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Corporate Social Responsibility
- As a responsible Corporate Entity, we are committed towards the society for up-liftment and development of local communities and NGOs. We leverage our resources, experience and geographic spread, to undertake initiatives with lasting results, benefiting communities around.
- Our goal is to address social, spiritual , environmental, and ethical aspects responsibly. This helps us coexist sustainably and in harmony with environment and communities. We continue donating Food , Books and Oral hygiene products to children on many occasions :
GOD HANUMAN Ji's STATUE :
- At Shimla - Capital of Indian State at Himachal Pradesh:
- ✓ Place: JAKHU Hill Temple Worlds highest 108 ft. idol of God Hanuman was installed, in 2008
- At Morbi – in the State of Gujarat :
- ✓ Place: Khokara Mandir, Bela Road, Bharatpur, 108 ft. statue is under construction
- At Rameshwaram Southern India State of Tamil Nadu
- ✓ Land is already purchased , currently applied for Govt. Permission to construct 108 ft. Statue of God Hanuman Ji
DONATION :
- Sahyog Trust - Delhi : Donate regularly Food items like Rice, Pulses etc.
- Morbi Temple School : Donate Oral Hygiene products , helping in Education of Girl Child by providing books, benches, uniforms and sport-kits
- Seva Bharti Charitable Trust Delhi : Regular donation is given to this NGO with their focus areas for Poor children education, Health care for poor and under privileged, Social welfare centers by helping poor girls education, their marriage, health care, helping poor by giving them training in centers at various places for sewing classes, computer learning, beauty job training etc.
- SVHM (Swami Vivekananda Charitable Hospital) Dehradun : Donated to this Charitable hospital which is running for under privileged sections of the society
Consolidated Financial Highlights
Partner to leading Indian and global FMCG brands


Managing Director's Message

Commenting on Q1 FY22 results, Mr. Nikhil Nanda, Managing Director, said :
"During the first quarter we registered 28.69% year-on-year rise in revenue at Rs. 21.59 cr. This growth in revenue has been on account of higher sales from Toothpaste category. We are yet to witness the desired and much needed performance in the Toothbrush category and in the other segments. During last year, while the company witnessed a jump in demand during Q3-FY21, as the supply chains were all dried up during the earlier phase because of hoarding surrounded by the uncertainty and supply chains had to be replenished with stocks later. Whereas this year, despite the lockdowns, people have acted more sensible in their purchases, thus there were lesser disruptions.
The ongoing COVID-19 calamity hampered our growth in the last fiscal and created headwinds during the first quarter as well. We tried our best to help our employees and their families and otherwise in ways we could. Such calamities force us to sit back and reassess the ways in which we do our business.
Exports which are an important segment of revenue for the company, continued to witness the impact since the pandemic hit worldwide. While the domestic business is scaling up, but overall utilisations levels have still been on the lower side impacting our overall efficiencies. Due to this we are still away from achieving the desired product mix. We have utilised this period to re-design our strategy. We endeavour to slowly move on the path of long-term sustainable growth.
Our reading of the market is that it is showing signs of improvement on ground but due to continued uncertainty it is slower than the requisite pace. We are hopeful of improving our utilisation levels as we move further into this year. We are cautiously optimistic for the coming quarters based on the market scenario, rising demand and opening up of markets in the post- COVID environment. We are continuing to work on new customers and product categories as well.
Our team has been the most important asset and the members have shown great maturity and sense of belonging by keeping each other motivated in recent challenging times. I would like to take this opportunity to thank each member of the JHS family. I would also like to thank our Clients, Creditors, Banks, Financial Institutions, and all other Stakeholders. Their faith in us and support extended makes it easier for us to strive and excel."

Q1 FY22 Consolidated Financial Highlights
| Particulars (Rs. Crs) | Q1 FY22 | Q1 FY21 | YoY% | Q4 FY21 | QoQ% |
|---|---|---|---|---|---|
| Total Income from Operations | 21.59 | 16.77 | 28.69% | 25.38 | -14.95% |
| Cost of Material Consumed, | 13.88 | 13.36 | 14.37 | ||
| Purchase of stock in trade | 0.68 | 0.32 | 0.69 | ||
| Changes in Inventories | 1.57 | 1.97 | -0.09 | ||
| Total Raw Material Expenses | 16.13 | 15.65 | 14.96 | ||
| Employee Expenses | 2.59 | 1.62 | 3.37 | ||
| Other Expenses | 3.56 | 2.41 | 6.99 | ||
| Total Expenditure | 22.28 | 19.69 | 25.33 | ||
| EBITDA | -0.70 | -2.92 | 0.05 | ||
| EBITDA Margin | -3.24% | -17.38% | 1417 bps | 0.21% | -345 bps |
| Other Income | 2.58 | 1.96 | 4.39 | ||
| Depreciation | 1.79 | 1.91 | 1.62 | ||
| Interest / Finance Cost | 0.24 | 0.33 | 0.31 | ||
| Exceptional Item (Gain) / Loss | 0.00 | 0.00 | 0.00 | ||
| Share of (profit)/loss frominvestment in associate | 0.00 | 0.00 | 0.00 | ||
| PBT | -0.16 | -3.19 | 2.52 | ||
| Tax | 0.13 | -0.69 | -0.34 | ||
| PAT | -0.29 | -2.50 | 2.85 | ||
| PAT Margin | -1.73% | -14.92% | 1319 bps | 11.24% | -1297 bps |
| EPS (In Rs.) | -0.02 | -0.41 | 0.44 |
- Despite lockdown in Q1 FY 22, supply chain disruptions were comparatively lower as compared to Q1 FY 21 leading to higher revenue
- Current quarter witnessed better utilisation levels giving advantage of scale resulting in operational efficiency vis-à-vis Q1FY21 resulting in better profit margins
- Absence of Exports and lower than optimum capacity utilisation continue to impact profitability



*FY21- Exports have been significantly impacted due to Pandemic combined with strategic focus on domestic business 29

Consolidated Financial Highlights
| Particulars (Rs. Crs) | FY18 | FY19 | FY20 | FY21* | |
|---|---|---|---|---|---|
| Revenue from Operation | 142.64 | 124.11 | 139.11 | 100.77 | |
| Other Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | |
| Excise Duty | 2.35 | 0.00 | 0.00 | 0.00 | |
| Total Income from Operations | 140.29 | 124.11 | 139.11 | 100.77 | |
| Cost of Material Consumed, | 82.14 | 81.72 | 94.96 | 64.02 | |
| Purchase of stock in trade | 1.16 | 3.10 | 3.37 | 2.84 | |
| Changes in Inventories | 6.77 | 2.08 | 1.30 | 1.48 | |
| Total Raw Material Expenses | 90.07 | 86.90 | 99.63 | 68.34 | |
| Employee Expenses | 12.10 | 13.52 | 13.44 | 10.08 | |
| Other Expenses | 24.37 | 24.28 | 24.37 | 20.43 | |
| Total Expenditure | 126.54 | 124.70 | 137.44 | 98.85 | |
| EBITDA | 13.75 | -0.59 | 1.67 | 1.92 | |
| EBITDA Margin | 9.80% | -0.47% | 1.20% | 1.90% | |
| Other Income | 4.98 | 6.66 | 13.84 | 7.54 | |
| Depreciation | 6.81 | 7.09 | 8.76 | 7.25 | |
| Interest / Finance Cost | 0.74 | 1.03 | 1.95 | 1.24 | |
| Exceptional Item (Gain) / Loss | 27.24 | 0.00 | -10.64 | 0.00 | |
| Share of (profit)/loss from investment in | |||||
| associate | 0.00 | 0.00 | 0.00 | 0.00 | |
| PBT | 38.42 | -2.04 | -5.84 | 0.97 | |
| Tax | 12.37 | -0.38 | -0.98 | -0.37 | |
| PAT | 26.05 | -1.67 | -4.86 | 1.34 | |
| PAT Margin | 18.57% | -1.34% | -3.50% | 1.33% | |
| EPS (In Rs.) | 4.61 | -0.11 | -.032 | 0.20 |
*FY21- Exports significantly reduced due to Covid Pandemic and combined with strategic focus on growing domestic business - thereby impacting overall Financial performance

Consolidated Balance Sheet Highlights
| Rs. In Crs | FY18 | FY19 | FY20 | FY21 |
|---|---|---|---|---|
| Shareholders Funds | 174.27 | 180.64 | 184.60 | 197.96 |
| Equity Share Capital | 60.90 | 60.90 | 60.90 | 64.40 |
| Other Equity | 113.36 | 115.94 | 117.10 | 124.30 |
| Non Controlling Interest | -0.10 | 3.79 | 6.60 | 9.27 |
| Non Current Liabilities | 1.94 | 1.84 | 7.87 | 6.87 |
| Borrowings | 1.10 | 0.81 | 0.52 | 0.47 |
| Lease liabilities | 0.00 | 0.00 | 6.13 | 5.03 |
| Other Non Current Liabilities | 0.77 | 0.96 | 1.22 | 1.36 |
| Provisions | 0.06 | 0.08 | 0.00 | 0.00 |
| Current Liabilities | 31.75 | 38.71 | 48.45 | 23.13 |
| Borrowings | 0.00 | 5.00 | 0.00 | 0.00 |
| Lease liabilities | 0.00 | 0.00 | 1.61 | 1.14 |
| Trade Payables | ||||
| Micro and Small Enterprises | 0.00 | 2.30 | 3.39 | 2.88 |
| Other than micro and smallEnterprises | 23.72 | 20.92 | 32.73 | 13.10 |
| Other Financial Liabilities | 5.94 | 8.84 | 6.79 | 4.07 |
| Other Current Liabilities | 2.00 | 1.54 | 2.23 | 1.80 |
| Provisions | 0.09 | 0.12 | 1.69 | 0.14 |
| Total Equity & Liabilities | 207.85 | 221.19 | 240.92 | 227.96 |
| Rs. In Crs | FY18 | FY19 | FY20 | FY21 |
|---|---|---|---|---|
| Non Current Assets | 105.11 | 119.55 | 110.70 | 107.01 |
| Property, Plant and Equip | 71.34 | 69.62 | 57.21 | 57.99 |
| Rights of use assets | 0.00 | 0.00 | 7.26 | 4.08 |
| Capital Work in progress | 0.51 | 4.80 | 7.05 | 8.92 |
| Other Intangible Assets | 0.07 | 0.08 | 0.06 | 0.04 |
| Goodwill on consolidation | 0.00 | 1.11 | 1.11 | 1.11 |
| Investments | 0.00 | 5.12 | 0.00 | 0.00 |
| Loans | 0.33 | 0.60 | 1.21 | 1.19 |
| Other Financial Assets | 0.32 | 0.40 | 0.69 | 0.61 |
| Deferred Tax Assets (net) | 6.54 | 8.31 | 11.31 | 10.53 |
| Non Current Tax Assets (net) | 1.42 | 0.92 | 0.75 | 1.11 |
| Other Non-Current Assets | 24.58 | 28.59 | 24.06 | 21.43 |
| Current Assets | 102.74 | 101.64 | 130.22 | 120.95 |
| Inventories | 9.54 | 9.02 | 5.61 | 11.64 |
| Investments | 18.19 | 4.63 | 6.03 | 2.05 |
| Trade Receivables | 42.73 | 53.81 | 96.15 | 58.71 |
| Cash & Cash Equivalents | 5.93 | 0.81 | 0.68 | 20.79 |
| Other Bank Balances | 0.38 | 0.27 | 0.25 | 0.36 |
| Loans | 2.97 | 8.25 | 4.05 | 4.22 |
| Others | 11.89 | 3.29 | 1.45 | 4.86 |
| Current Tax Assets | 11.06 | 21.53 | 0.00 | 0.01 |
| Other Current Assets | 0.00 | 0.00 | 15.90 | 18.32 |
| Assets held for sale | 0.04 | 0.04 | 0.11 | 0.00 |
| Total Assets | 207.85 | 221.19 | 240.92 | 227.96 |


Future Goals/ Way ahead

Plans to expand geographical footprint
▪ By way of M&A, planning to expand its footprints in Central and Southern parts of India
Venture into new project/ product development
▪ Expanding product portfolio by including Talcum Powder, Soap Bars, Food category (quick snack range) and Personal care products
Plans to expand customer base
▪ With enhanced portfolio of product categories and geographical footprints, penetrating with existing client base
Growth and expansion of existing product verticals
- Constantly develop new products through in-house R&D
- Expand existing product portfolio to newer geographies
Plans to grow Capacities
- Enhancing capacity for existing product categories
- Focusing on entire range of ayurvedic products


For further information, please contact:
Mr. Ashish Goel / Mr. Kashyap Boruah JHS Svendgaard Laboratories Ltd
Email: [email protected], [email protected]
Website: www.svendgaard.com
Ms. Savli Mangle / Mr. Amit Sharma Bridge Investor Relations Pvt. Ltd. Tel: +91 9833361003 / +91 9867726686 Email: [email protected], [email protected]
Website: www.bridge-ir.com