MISHTANN

October 22, 2021 limitless happiness ..:v

To To
General Manager-Listing Listing Division,
Corporate Relationship Department Metropolitan Stock Exchange of India
BSE limited limited
P.J. Towers 4th Vibgyor Tower, Opp. Trident Hotel,
Dalal Street, Mumbai-400001 Bandra-Kurla Complex, Mumbai-400098
BSE Scrip Code: 539594 MSE Symbol: MISHTANN

Dear Sir/Madam,

Sub: Investors Presentation for Quarter ended September 30,2021

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015, please find enclosed herewith Investor Presentation for the quarter ended September, 2021.

Kindly take the same on record.

Thanking you,

Yours faithfully,

Managing Director

DIN: 05340865

Encl: A/a

Q MISHTANN FOODS LIMITED _

REGISTERED OFFICE: PLANT:

 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, whatsoever, and no
reliance shall be placed on, the truth, accuracy, completeness, fairness
and reasonableness of the contents of the Presentation. This Presentation
may not be all inclusive and may not contain all 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

Disclaimer
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.
 Thoughts from Management
Mishtann Foods Limited (MFL) as a Corporate has always been in sync with the entire agriculture
community of the Country. As Basmati Rice (Grade 1121) is the only commodity that the company has
been dealing with till now, creating a sync with the agriculturists was sino quo non for the Company.

In the last 6 years, the Company has created a relationship with the community which has organically
grown over the period. The Agricultural Markets of Kota, Baran, Boondi, Sirsa, Jalalabad, Mandideep,
Anta, Ratlam, Neemuch, Mandsaur, Jawra, Fazilka, Ferozepur, Talawadi, Karnal, Sonepat, Panipat,
Kurukshetra, Ambala Moga, Amritsar, Pathankot in the states of Punjab, Haryana, Rajasthan, Madhya
Pradesh have continuously contributed to the Raw Material procurement of the Company through
farmers based in these markets.

There are around 150 Farmers in the State of Rajasthan who are Directly involved with the company
through contract farming. MFL has tied up with these farmers who produce exclusively for MFL. The
factors of cultivation are provided to these farmers by MFL. MFL has contributed to the economic and
social upliftment of these farmers through this process of contract farming. In the coming year, i..e FY
2022, and 2023, the company proposes to increase this number to 200 and 250 respectively. The
benefits of contract farming for the Company are as follows-
Source: MordorIntelligence
 Ensuring better quality products as raw materials are provided by the Company;
This also ensures lower stress on the soil as regulated/yellow pesticides are used. Lower water using crops and natural fertilizers also contribute to
soil conversation;
The synergy created between the company and the agriculturist creates trust which ensures future supply;
The dependence also enables us to stay abreast of the agricultural developments in the country;
Services of reputed agronomists are utilized to ensure that the latest agricultural developments reach the agriculturists and they are educated
about these developments;
MFL makes efforts to play an instrumental role in the social and economic development of the contract agriculturists.

Indirectly, the Company procures raw materials from more than 10000 farmers in the agricultural markets mentioned above. In the coming year, i..e FY
2022, and 2023, the company proposes to increase this number to 12000 and 15000 respectively. The benefits of dealing with agriculturists directly help
the Company in the following manner-

Avoidance of middlemen thereby giving higher returns to the agriculturists;

Ensuring quality checks as the chain is shorter, and the product is directly outsourced from the producer;
Persistent availability of quality grains which yields higher returns for the Company;
Customer satisfaction is maximized as better quality is ensured, which in turn adds to customer retention;
Ensuring Corporate Social Responsibility Measures which raise the economic and social standards of living of the agriculturists;
As India is an Agrarian community, our participation contributes to national development

MFL proposes to keep contributing to the agricultural segment through its participation directly and indirectly. “Made in India” is the buzzword of the
present times. MFL has always concentrated on its strong point of selling agro commodities and that too sourced from the agriculturists of these
markets. We made our sincere efforts to conserve mother nature by promoting high-yielding varieties and environment-friendly methods of
production.
 Table of Content
3.
Industry
Overview

2.
Business
4.
Financial
Overview Highlights

1. 5.
Company Way
Overview Serving Meals
Serving World Forward
Serving Smiles
 Vision
To gratify millions of palates across the globe by
encouraging the consumption of Mishtann products.

#harbhookkidava

A leading FMCG company in India with its preliminary focus on rich quality agro products.
MFL offers pure and it grains for people of all ages and tastes, across the world. With a broad
range of premium basmati rice, our products are found in almost every kitchen, from
restaurants to homes.
Mishtann Foods Limited (MFL) plans to expand into the FMCG Business by introducing a
basket of products. Through an aggressive Product Diversification programme, MFL aims to
provide complete food solutions to its end-users.
 Leading FMCG Company of India

45k
3 10
1100 +
75
Cr.
State of the art States Presence
manufacturing presence in Retailers
facilities Market cap in India Metric Tones
as on date per hour
Processing
Capacity
 Management
Team

#strongteam

MR. HITESHKUMAR GAURISHANKAR MR. NAVINCHANDRA DAHYABHAI

PATEL PATEL

He is having experience of more than a decade in the

agro processing industry. He has been running the Mr. Navinbhai Patel, is a B. Com Graduate and like Mr.
MFL successfully since its inception. He has extensive Hitesh Patel, he has been promoter director of MFL. He
experience in this line of activity and has strong will look after the production function of the company.
established relationships with various super stockiest,
stockiest, dealers, retailers and raw material
suppliers.
 MRS. BHUMI JAYANTKUMAR GOR
Management
Team
she leads the humane side of the Company through
its CSR activities, environmental initiatives and other
social works. As an end user of our product, she
provide valuable inputs about quality controls and
various other improvements required. She personifies
the perfect example of an entrepreneur, a consumer,
and above all- a woman. MFL has always lauded the
efforts of every woman, who has through various
roles have contributed to the upliftment of the
society. Bhumi is MFLs face when it comes to these
initiatives.

#strongteam

The Company Secretary of MFL. She is the benevolent

ringmaster who runs the show with a kind, but strict

MRS. hand. She takes responsibility of all compliance

related measures and also enlightens the Board with
her inputs on economic policies, market conditions
ZIRAL SONI and future developments. An avid reader, who is also
fond of trekking, Ziral represents the “millennial” part
of India’s population. MFL admires and supports her
dedication towards the cause of eradicating hunger
among India’s underprivileged.
Woman
Power
Food Quote of the Mishtann

Rice is not just the

Secret of Our Energy

Rice is the Secret of Our

Happiness
#STANDDIFFERENT

UNLOCKING
HUNGER

LET'S SEE HOW

 RAW Basmati Rice

PRISTINO SNOWFLAKE
SELLA Basmati Rice STEAM Basmati Rice

MAHABAT SHAHRYAR JACINTH JASPER

 DAL WHEAT

TOOR DAL BUTTON WHEAT

 PORTFOLIO DIVERSIFICATION
#workingeverypossibility

Pulses, Grams and

Organic Products
Peas (Legumes)

Wheat Flour and

Besan (Gram Flour)
Multi-Grain Flour

Processed Foods/ Agri-Tech Services

Ready-to-eat Foods Providing Start-Up
Edible Salt
 PROCESS FLOW

Sourcing Processing Packaging Marketing

We have an established Our processing plant is a We have a comprehensive We have taken up various
relationship with farmers, modern and completely integrated packaging and marketing initiatives such
mandis and agents. automated plant with a milling facility. The as placement of OOH
The sourcing of grains capacity of 45 MT/hour. product packaging comes campaign hoardings in high
happens through a simple In our processing plant, we in different quantities potential areas; active
‘cash and carry’ model. commit to the protocols ranging between 1 kg, 5 social media engagement
Around 80-85% of the for quality, efficiency kg, 10 kg and 25 kg. To through multiple platforms
procurement is financed at enhancement and cost that end, we also such as Facebook, Twitter
a concessional rate from reduction. undertake fexible and and LinkedIn; participation
the banks. customised packaging in the world’s largest annual
Throughout the process, depending on the kind of food and beverage trade
there are multiple checks to orders received and show, GulFood 2020
ensure quality control. demand forecast. Exhibition- Dubai amongst
others.
World Outlook Rice Production & Comsumption

India rice market is projected to register at a CAGR of 2.7% during the forecast
period (2021-2026).
Rice production in India was 177.6 million metric tons in 2019.
India is the second-largest rice producer in the world after China, with more
than 11.0% of the global production share.
The cultivation of high-yielding rice varieties such as IR 64, CR 2301, Kudrat 5
and others, leads India as the second-largest rice producer in the world after
China, with more than 11.0% of the global production share.
Rice production in the country has increased by 3.5 times in the last 60 years.
Higher demand for Indian rice from North America and European regions
coupled with good climatic conditions are supporting the growth of the
market. This also results in higher productivity than other Asian countries such
as Thailand and Pakistan.
Major rice-producing states in India are West Bengal, Uttar Pradesh, Andhra
Pradesh, Punjab, Tamil Nadu, Odisha, and Bihar.

Source: MordorIntelligence
 Q2 FY22 Operational Highlights

Rs. 125.05 Cr. Rs. 6.49 Cr. 5.19%

REVENUE PAT PAT MARGIN

Revenue Growth from the previous quarter: 72.79%

PAT Growth from the previous quarter: 85.99%

#boostingbusiness
 Consolidated Quarterly Financial Highlights

15,000 15,000

12505.71 12505.71
11816.11
11569.27
10854.82
10518.72
10074.28
10,000 10,000

7236.25

5,000 5,000

0 0
Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY19 Q2 FY20 Q2 FY21 Q2 FY22

Revenue (in Rs. Lakhs) Revenue (in Rs. Lakhs)

 Consolidated Quarterly Financial Highlights
1,250 1,250 750

1,000 1,000

500
750 750

500 500
250

250 250

0 0 0
Q1 FY22 Q2 FY22 Q2 FY22 Q2 FY22 Q1 FY22 Q2 FY22

EBITDA (in Rs. Lakhs) EBIT (in Rs. Lakhs) Net Profit (in Rs. Lakhs)

1,250 1,250 750

1,000 1,000

500
750 750

500 500
250

250 250

0 0 0
Q1 FY21 Q2 FY22 Q2 FY21 Q2 FY22 Q2 FY21 Q2 FY22

EBITDA (in Rs. Lakhs) EBIT (in Rs. Lakhs) Net Profit (in Rs. Lakhs)
Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights – FY21

8% 7.52% 0.15

6.98% 0.13%

6%

0.1

4% 0.07%

0.05

2%

0.44%

0% 0
Q4 FY21 Q1 FY22 Q2 FY22 Q1 FY22 Q2 FY22

EBIT Margin Profit After Tax Margin

 Consolidated Annual Financial Highlights – FY21

50,000 48171.94 48202.82 6%

5.06%

40,000
35107.14
4%
30,000

19741.96 2.45%
20,000
2%

10,000

0.21%
0.01%
0 0%
Fy19 Fy20 Fy21 Till Q2 Fy22 FY19 FY20 FY21 TIll Q2 FY22

Revenue (in Rs. Lakhs) Profit After Tax Margin

 Consolidated Quarterly Financial Highlights
15 3 0.8

0.6

10 2

0.4

5 1

0.2

0 0 0
Q1 Fy22 Q2 Fy22 Q1 Fy22 Q2 Fy22 Q1 Fy22 Q2 Fy22

Interest Coverage Ratio Current Ratio Total Debt to Equity

15 10

7.5

10

2.5

0 0
Q2 Fy21 Q2 Fy22 Q2 Fy21 Q2 Fy22

Interest Coverage Ratio Total Debt to EBITDA Ratio

Consolidated Annual Financial Highlights – FY21
Consolidated Balance Sheet Highlights – FY21
Consolidated Balance Sheet Highlights – FY21
Consolidated Balance Sheet Highlights – FY21

500 461.72
438.59

400.83
400

300

200

100

0
FY19 FY20 FY21

Finance Cost (in Rs. Lakhs)

Consolidated Balance Sheet Highlights – FY21

5,000 4733.12
4549.85

4,000
3241.02

3,000

2,000

Short Term Borrowings

1,000 LongTerm Borrowings
577.54
339.77
54.72

0
FY19 FY20 FY21

Borrowings (in Rs. Lakhs)

 Ongoing Expansions

Present Capacity of the Company’s manufacturing facility is 75 MT per hour

to 100 MT per hour.
Present Capacity Utilization is 15 MT Per hour.
Optimum capacity Utilization requires more storage.
The Company plans to store Raw Materials to ensure “ageing” of its products.
Aged Rice upto 24 Months fetches heavy premium in the market.
The entire Plant & Machinery for expansion will be imported from Europe.
MFL will also tie-up with Farmers for Contract Farming. Cost will be minimal.
MFL plans to acquire certain competitors in Agro-Processing and Food-
Processing Segment.

Source: MordorIntelligence
 Global Expansions

Europe
United States

Dubai
Singapore
Creation of Subsidiaries in
Singapore and UAE (Dubai) by
31.03.2022
Creation of Subsidiary in USA by
31.03.2023
Creation of Subsidiary in Europe by
31.03.2024
Addition of 25000 Distributors by
31.03.2023
 Pillars of Growth

Strategically Located Consumer Centric

Manufacturing Facility Approach
Pillars making MFL being better every day,
standing different from the competition, and
climbing growth.

#strongfoundations

Committed
Management Team
HANDS FOR NATION
Women Empowerment and Education
is one of the many social initiatives that MFL is a part of. The
Company has adopted a Girls School in Idar, Gujarat and
also supports various other causes related to education of
the girl child, feminine hygiene, nutrition etc.
1000000 + Masks
distributed to the underprivileged population in and around
the town of Himmatnagar, Gujarat during the Covid 19

Food Packets
distributed food packets to various underprivileged citizens
who were in need of basic food grains during the Covid 19.
Eradication of hunger is one of the primary CSR objective.

250 farmers
MFL has always made it a mission to give back to the
environment whatever it has taken from it. Through initiatives
in the areas of tree plantations, social forestry and
afforestation, MFL has strongly advocated the cause of
conservation of the environment. As on date, there are nearly
250 farmers who are directly producing for MFL under
Contract Farming.

High Yielding Variety Seeds

With rapid industrialization and increase in population, MFL
understands that area under cultivation will continuously go
down. The solution to this problem is increasing production
with limited resources. High Yielding Variety Seeds is one such
area. MFL has taken initiatives to provide such factors of
production to various farmers in and around Himmatnagar.
#ourpromise

Every Grain Pure & Perfect

www.mishtann.com
#socialmedia

That's how we ROLL

 REGISTERED OFFICE:
C-808, Ganesh Meridian, Opp. Gujarat High Court,
S.G. Highway, Ahmedabad-380060.
Ph.: +91 7940023116 | Fax: +91 7940033116 |
E-mail: info@mishtann.com

PLANT:
Survey No.10, At Kabodari, Himatnagar - Dhansura
Highway, Ta. Talod,
Dist. Sabarkantha-383305, Gujarat, India

www.mishtann.com
#strongbonding