ANFI - Amira Nature Foods Ltd

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AMIRA (NYSE: ANFI) is a producer & exporter of Indian specialty basmati rice, organic rice & food products. Amira sells premium rice in over 60 countries.https://www.amira.net/investor/

TRANSCRIPT

  • Investor Presentation

  • Forward Looking Statement

    not intend to, update or revise the forward-looking statements in this presentation after the date of this presentation.

    This presentation contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact included in this presentation are forward-looking statements. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. Specifically, these statements include, among other things, statements that describe our expectations for the growth of our business, expansion into new geographic markets, maintaining and expanding our relationship with key retail partners, the financial impact of new sales contracts on our revenue, our plan to make significant capital expenditure, and other statements of managements beliefs, intentions or goals. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as foresee, forecast, "anticipate," "estimate," "expect," "project," "plan, "intend, "believe" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. These forward-looking statements are based on assumptions that we have made in light of our industry experience and on our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you consider this presentation, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (some of which are beyond our control) and assumptions, some of which are described under Risk Factors in our Annual Reports on Form 20-F and our Registration Statement on Form F-1 filed with the Securities and Exchange Commission. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results and cause them to differ materially from those anticipated in the forward-looking statements. Since we operate in an emerging and evolving environment and new risk factors and uncertainties emerge from time to time, you should not rely upon forward looking statements as predictions of future events. Except as required under the securities laws of the United States, we undertake no obligation to update any forward-looking or other statements herein to reflect events or circumstances after the date hereof, whether as a result of new information, future events or otherwise.

    Because of these factors, we caution that you should not place undue reliance on any of our forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect us. Except as required by law, we have no duty to, and do

  • Market and Industry Data

    This presentation contains estimates and projections regarding market and industry data that were obtained from internal company surveys as well as third-party sources such as market research, consultant surveys, publicly available information and industry publications and surveys. We believe the information provided or made available by these third-party sources is generally reliable. However, market data is subject to change and cannot always be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any statistical survey, interpretation or presentation of market data and managements estimates and projections. In addition, projections are often wrong. As a result, you should be aware that market data set forth herein, and estimates, projections and beliefs (i) based on such data and (ii) relating to certain financial and performance metrics presented herein, may not be reliable. We have not independently verified any of the data from third-party sources or ascertained the underlying economic assumptions relied upon therein; accordingly we cannot guarantee the accuracy or completeness of any such data.Similarly, internal surveys, which we believe to be reliable, are based upon managements knowledge of the industry as of the date of such surveys and have not been verified by any independent sources. As a result, we cannot guarantee the accuracy or completeness of any such information and you should not place undue reliance on such information when making an investment decision.

  • COMPANY

    OVERVIEW

    KEY INVESTMENT

    HIGHLIGHTS

    FINANCIAL

    OVERVIEW

    APPENDIX

    Table of Contents

  • COMPANY OVERVIEW

  • A Leading Growth Company with a Rich Heritage

    Founded in 1915, Amira has evolved into a leading

    global provider of packaged Indian specialty rice,

    predominantly Basmati rice

    Evolved from a domestic Indian business to a

    professionally managed high growth global branded

    company

    Q3 2015 LTM: Revenue increased to $659.2 million

    (31.6% growth YoY) and adjusted EBITDA increased

    to $93.0 million (38.2% growth YoY)

    Continued to receive the status of Global Growth

    Company by the World Economic Forum

    Voted Asias Most Promising Brand by the WCRC

    group in 2013-2014

    Voted INDIAN POWERBRAND in the Food Category

    by Planman Marcom in 2011 and 2013

    1915Founded as anAgro-commodity trading houseby the Chananafamily

    1978Established International

    business

    1995Indias first fully Integratedand automated Rice milling factory

    2006KARAN A CHANANA takesover

    and initiates transformation to a professionally managedglobal

    business

    2008Launch of the AMIRA Brand

    2009Established subsidiary in USand launched international

    marketing/distributoroffice

    2011Established Subsidiary in UK

    2013 OrganicsLaunch of Organic Division

    2012Amira Nature Foods Ltd.

    listed on NYSE

    Acquired Basmati Rice GmbH in Germany to strengthendistribution

    network in Europe

    2014

    2015100 Year Centennial

    Source: ANFIs publicly filed 20-F and other publicly available information

    6

  • Focused on Basmati rice, a healthy, high growth, high margin product

    Listed on the NYSE in Oct 2012 under the symbol ANFI

    A Leading Global Branded Packaged Food Company with a Proven Track Record

    Indian Power Brands Global Super Power Edition 2011 &

    2013 Inc. India featured Amira as one of Indias fastest growing mid-sized companies in 2010, 2011,

    2012 and 2013

    Recognized as a Global Growth Company since 2010, an invitation-

    only community consisting of ~300 of the worlds fastest-growing

    corporations each year

    Best Partner in the Staples category in 2013 at the Bharti

    Walmart Private Limited Annual SupplierConference

    Q3 2015 LTM Revenue of $659 million vs. $342 million at IPO

    Adjusted EBITDA more than doubled from $42 million at IPO to $93 million for Q3 2015 LTM

    Conservative balance sheet of 1.7x net debt / EBITDA

    Sales in more than 60 countries compared to 40 at IPO

    Amira CorporateOffice

    Multiple Accolades

    7

    Source: ANFIs public financial statements and other publicly available information

  • Basmati Rice Overview and Production Process

    Long-grain rice with distinct nutty flavor and strong aroma

    Exclusively grown at the base of Himalayan Mountains in India and Pakistan

    Regarded as healthy: gluten free and a lower glycemic index than white rice

    Considered a premium food product as it improves with age and is typically stored for 12 months or more

    What is Basmati Rice?

    ProcurementRetail Sector Distributors

    DistributionProcurement

    Uttar Pradesh

    Production

    Basmati/ Non-Basmati

    Rice Farms

    Rice is the primary staple for over 50% of the worlds population

    Rice provides more than 1/5 of global caloric intake and cannot be substituted

    Rice is not genetically modified and is a good source ofvitamins and minerals, such as iron, vitamin D, calciumand fiber, among others

    Rice Statistics

    Basmati Value Chain

    Amiras area of activities

    Processing

    Milling Separation Packaging

    Source: ANFI publicly filed 20-F, public company materials, Food and Agricultural Organizational report, USD

    8

  • Company Snapshot

    EMEA 43%

    India 41%

    Asia Pacific (ex-India)

    14%

    North America

    2%

    Leading global provider of branded packaged Indian specialty rice

    Sales by Product Sales by Brand Sales by Geography

    Third party Branded

    44%

    Amira

    Branded 43%

    Institutional 13%

    Note: Sales by product, brand and geography based on FY 2014 results.

    Amira branded products are the focus of our global expansionstrategy Launched in 2008 and sold in more than 40 countries Branded sales have nearly doubled in size since time of IPO

    Amira Branded

    Third-Party Branded

    Institutional

    Foundation of our initial internationalexpansion Launched in 1978 and sold in more than 40 countries Low financial risk and high visibility into top and bottomline

    Other agricultural products including wheat, barley, legumes a