Q4 prstn - 2006-07 (25052007 - final)

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Godrej Industries Limited

Q4 & FY 2006-07 Performance Update


Performance Update

Q4 & FY 2006-07

25th May 2007

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Contents

Performance Highlights

Business Highlights

Key Financials Key Ratios

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Amts in Rs. CroreAmts in Rs. Crore

Highlights Q4 & FY 2006-07

Q4

06-07 Q4

05-06

FY

06-07 FY

05-06

Total Income @ 203.0 5% 193.1 782.9 2% 802.7

Total Expenses 166.5 180.2 640.8 696.6

PBDIT 36.5 183% 12.9 142.1 34% 106.1

PBT * 19.5 3150% 0.6 79.6 44% 55.1

Net Profit 16.7 37% 26.5 78.1 10% 71.1

EPS** (Rs.) 2.3 37% 3.6 2.7 10% 2.4

@ Q4 & 12M Figures are not comparable with previous year figures on account of sale of Foods Division.

* excl. extraordinary items

** Annualised Shares of FV Rs. 6 split into 6 shares of Re.1 each w.e.f. 01/09/06

(Standalone)(Standalone)

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Highlights FY 2006-07

FY

06-07 FY

05-06

Total Income 2465.7 17% 2106.2

Total Expenses 2282.8 1947.1

PBDIT 182.9 15% 159.1

PBT * 76.0 76.2

Net Profit 58.9 20% 49.2

EPS** (Rs.) 2.0 20% 1.7


** Annualised Shares of FV Rs. 6 split into 6 shares of Re.1 each w.e.f. 01/09/06

(Consolidated)(Consolidated)

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GIL

CHEMICALS VEGOILS ESTATEFINANCE &

INVESTMENTS

100 %

783 cr.

OTHERS

Businesses - FY (2006-07) Revenue

73 %

572 cr.

6 %

50 cr.

3 %

26 cr.

16 %

121 cr.

2 %

14 cr.

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Business Highlights

Chemicals Market leader in India in Oleo-chemicals and Surfactants.

Revenue growth of 12% for FY (FY 2006 07 : Rs. 572 cr. ; FY 2005 06

Rs. 512 cr. )

Exporting to more than 60 countries.

Industry cyclicality; pressure on margins in Fatty Alcohol segment

continued to impact the financial results. New Fatty Acid Distillation plant commissioned at Vikhroli to enhance

capacity of higher end Fatty Acids.

Valia factory received Energy Efficient Unit award from CII.

Awarded Outstanding Exporter of the year in the Chemicals category in

International Trade Awards 2006-07 organised by CNBC TV18 and DHL.

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Break-up of Sales FY - 2006-07

AOS

(10%)

Fatty Alcohol(46%)

Fatty Acids(36%)

Glycerin

(8% )

Chemicals - Rs. 572 cr.

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Our InvestmentsCompany Business At Cost

(Rs. Cr.)

%Holding

Godrej Consumer

Products Ltd.FMCG personal and household care

products92.2 10.2%

Godrej Agrovet Ltd. Animal Feeds, Agri Inputs, Poultry, oilpalm & rural retailing

63.8 70.3%

Godrej Properties Ltd. Real Estate & Property Dev. 40.3 81.7%

Godrej Sara Lee Ltd. Household Insecticides 47.3 20.0%

Godrej Bev. & Foods Ltd. Foods & Beverages 102.0 48.0%

Godrej International Ltd. International Trading 18.3 100%

Godrej Global Solutions

Ltd.Infobiz 35.5 99.9%

CBay / Compass/

Avesthagen, etc.BPO , Biotech, etc. 86.3

Total 485.7

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Godrej Industries LimitedQ4 & FY 2006-07 Performance Update

Major Investments

Godrej Consumer Products( FMCG personal and household care) Consolidated sales revenue higher by 27% at Rs. 242 cr. in Q4 2006-07.

Q4 2006-07 PBDIT up by 13% at Rs. 44 cr.

Net Profit at Rs. 39.4 crore up by 29% in Q4 2006-07

EPS (not annualised) Rs. 1.7 in Q4 2006-07

Final Dividend 125% taking the total dividend payout at 375%

Acquisition of Rapidol, South Africa, entry into African market for hair colourbusiness.

New soap facility at Katha and hair colour & toiletries facility at Sikkimsignificantly enhanced GCPLs scale of operations

GCPL & SCA Hygiene Products AB, Sweden form a 50:50 JV to manufacture paperbased absorbent hygiene products

Godrej No.1 soap sales crosses Rs. 300 cr. for the year

Business Superbrand status conferred on GCPL

Launched Vigil, Indias only grade 1 Health soap

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Major Investments

Godrej Consumer Products ..Contd.( FMCG personal and household care) Consolidated sales grew by 36% in 12M 2006-07

Continues to be second largest toilet soap manufacturer by value

Sales of Toilet soaps rise by 18% in value terms.

FY 2006-07 PBIDT higher by 22% at Rs. 182 cr.

Net Profit at Rs. 144 crore up by 19% in 12M 2006-07

EPS (annualised) Rs. 6.4 in 12M 2006-07

Ranked 6th in the Best Employers Study conducted by Hewitt Associatewith Economic Times

Malanpur factory won Platinum award in India Manufacturing ExcellenceAwards (IMEA) by Frost & Sullivan in Chemicals category & an award forTPM, Excellence by JIPM Solutions, Japan

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Major Investments

Godrej Agrovet(Animal Feeds, Agri Inputs, Poultry, oil palm & rural retailing) Q4 2006- 07 revenue growth of 31% qoq

FY 2006-07 revenue growth of 18% yoy

Avian Influenza and high prices of certain key raw materials impactedthe performance of the Animal Feed and Poultry businesses.

Eight new rural retailing Aadhaar stores opened in this quarter(39 outlets opened till date)

Three Natures Basket outlets opened in Mumbai during the

quarter taking the total number of stores to 8. Natures basketretails fresh fruits, vegetables & herbs, speciality breads,cakes, etc.

JV (49:51) named Godrej Gold Coin Aquafeed Limited withGold Coin Group, Singapore for developing and marketing

special feed for shrimp formed MOU with IJM Plantations, Berhad a listed Malaysian company, to promote

Oil Palm Plantation in India

Forayed into ready-to-cook snacks Godrej Yummies

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Major Investments

Godrej Properties(Real Estate & Property Development)

Q4 2006-07 Revenue growth of 127%

Q4 2006-07 PBT growth of 185%

FY 2006-07 - Revenue growth of 95%

FY 2006-07 - PBT growth of 158%

Second Interim dividend of 233% paid in Mar-07, totalling to 419% for the year.

Planet Godrej large residential project in Mumbai.

winner of prestigious Pinnacle Award 2006 by Zee Business in the category

of Best Upcoming Real Estate Project in India.

Project of five 50-storeyed towers located in close proximity to

Mahalaxmi race course and Willingdon Club.

Array of external facilities (landscaped terrains and walk ways, Club house,

tennis & squash courts, swimming pool, fitness and meditation centre,

games room, health centre etc).

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Major Investments

Godrej Properties. Contd.(Real Estate & Property Development)

Developing residential and Commercial Properties / Malls / IT Parks

Signed an agreement for developing a residential project on approx.13 acres of land at Bangalore and 12 acres of land at Pune

Two IT parks over 35 lac sq. ft. in Salt Lake area.

Development of IT park at Hyderabad covering an area of approx.60 lac sq. ft

Total area of over 2 crore sq. ft. under development

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Major Investments

Godrej SaraLee(Household Insecticides) Major Brands - Good Knight , Jet and Hit under household

insecticides and Ambi Pur range in Air Care segment

Market leader in Household Insecticides

Good Knight brand voted the most Trusted Household care brand byBrand Equity of Economic Times

Ambi Pur brand forayed into the Home Perfume arena through launch

of Ambipur Aerosols.

Good Knight Advanced Active + System launched in the liquidrepellant segment. Seek and Kill Aerosol launched under the brandHit .

FY 2006-07 revenue growth of 17%

FY 2006-07 profit growth of 23%

Interim dividend of 113% in Q4 2006 07 & YTD 2006-07 : 313%

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Major Investments

Godrej Global Solutions Limited(Infobiz solutions)

Key Domains : Healthcare, Finance & Accounts.

Q4 2006-07 Revenue growth 14%

FY 2006-07 Revenue growth 45%

Ramp up of Indian operations for existing clients

Headcount capacity about 800

Awarded ISO-27001 & ISO-9001 Certification - the highest certification

standard on Information Security - for all the services provided.

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Major Investments

Godrej Beverages & Foods Limited (GBFL)(Foods, Beverages, confectionery businesses)

Products sold under brands Jumpin, Sofit, Xs, Cooklite, Godrej Tea & underNutrine confectionery brand like Mahalacto, Aasay, Superstar, Aamras,

Gulkand etc. Inorganic expansion by acquiring Nutrine Confectionery Company

Entry into the confectionery category; Portfolio includes Toffees, Eclairs, hardBoiled Candies, Market leader with 23% market share

Strong Brand equity Access to strong distribution network (one million retail reach) backed by

established brands

Signed a JV with Hershey Company, USA

Hershey to hold 51% stake JV gives GBFL a strategic long term partner with global brands & international

technology to grow its Foods & Beverages business.

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Major InvestmentsGodrej Beverages & Foods Limited (GBFL)

Contd.(Foods, Beverages, confectionery businesses)

Jumpin sales increases by 40% qoq

Sofit sales increases by 23% qoq

Confectionery sales increases by 7% qoq.

Chittoor (confectionery) plant obtained ISO-9000 & HACCP.

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Standalone Financials

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Summarised Profit & Loss Account

Q4Q4

0606--0707 Q4Q4

0505--0606

FYFY

0606--0707 FYFY

0505--0606

Total Income 203.0 5% 193.1 782.9 2% 802.7

Expenditure 166.5 180.2 640.8 696.6

PBDIT 36.5 183% 12.9 142.1 34% 106.1

Depreciation 6.0 5.6 24.2 22.6

Interest 11.0 6.7 38.3 28.4

PBT* 19.5 3150% 0.6 79.6 44% 55.1

PAT 16.7 37% 26.5 78.1 10% 71.1


@ Q4 & 12M Figures not comparable on account of sale of Foods Division


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Balance Sheet Rs. CroreLiabilities Assets

31-03-07 31-03-06 31-03-07 31-03-06

Equity Capital 29.2 29.2 Net Fixed Assets 287.1 286.0

Reserves 399.6 320.0 Investments 485.7 371.3

Debt 467.7 327.1 Net current Assets 197.6 84.9

Def. Tax Liability 39.8 38.2 Dividend Payable (34.1) (27.7)

Total 936.3 714.5 Total 936.3 714.5

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Key Ratios

* On Closing Capital Employed

** excl. extraordinary items

Q4

06-07

Q4

05-06

FY

06-07

FY

05-06

PBDIT / Income 18.0% 6.7% 18.2% 13.2%

PBT **/ Income 9.6% 0.3% 10.2% 6.9%

PAT / Income 8.2% 13.7% 10.0% 8.9%

ROCE* 12.8% 3.8% 12.4% 10.9%

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Thank You

Documents

Q4 prstn - 2006-07 (25052007 - final)