00:00Hello, my name is Rajiv and today we are going to talk about GSP Crop Sciences, which is about 16
00:09-18 March and 304 rupees and 320 rupees.
00:25We are going to talk about GSP Crop Sciences, which is about 165 rupees, which is about 165 rupees, which
00:35is about 165 rupees.
00:35we are going to invite GSP and we are going to talk about GSP Crop Sciences, which is about 1625
00:52rupees, which is about 1625 rupees, which is about 1660 rupees.
01:03Yeah, basically, my father, Shree Bachubay, started this company in 1985, and from day one,
01:11our focus is on technical manufacturing.
01:14So, today, our manufacturing facility is pretty good.
01:19We have five plants, which are two plants in which are technical and one plant is intermediate.
01:26Our focus is on technical, which was imported from India for the first time,
01:37and in the past 15 years, we have made a total of 10 new technicals here.
01:43Our strength is R&D, and this is why we have new products developed in technical R&D.
01:49We have developed this product, which are off-patent products,
01:53and we have developed this product first time in India.
01:59In its support, we have a new combination products, which are patented.
02:06We focus on this product and launch this product.
02:10And in the past three years, we have launched this product.
02:15That's why our presence, the key crop, like paddy, vegetables, corn, cotton,
02:24our position is quite strong.
02:26And we have developed this strategy.
02:30We are developing this strategy.
02:31We are developing this strategy.
02:32We are developing this new patented product.
02:33The new patent is done.
02:34The new patent is done.
02:35We will come to our innovative process.
02:39We will launch this product.
02:40And we will launch this combination product.
02:43We will launch this product.
02:43The GSP has a total of 102 patented products.
02:48And we have already applied this product.
02:51We have already launched this product.
02:56Yes.
02:57Great, absolutely.
02:59You have started our business with the entire company.
03:02I have written it.
03:04You have a geographical expansion.
03:06You have seen it.
03:07And what are the future theories in progress?
03:13I want to talk about the domestic sector, we are working in almost 20 states, and the
03:25rest of the two or three states, we will be working in the near future.
03:31In the domestic sector, the main focus of India has more than 40% of the consumption
03:40of the economy.
03:40We will be working in the next three years with the economy.
03:46Since its consumption is increasing in the next three years, our focus is also increasing.
03:52If we talk about export, the main focus is the Northern and South America.
03:58Mainly in Brazil.
04:00Because of the crop also, the technical products we are making, the market is great in all
04:13uh
04:48foreign
04:48foreign
04:48foreign
04:48foreign
04:57foreign
04:58foreign
04:58foreign
05:08foreign
05:09foreign
05:09foreign
05:10foreign
05:10So, how did the margin profile change, what happened?
05:17So, we were told that 3 years ago, we had a patented formulation, which is our combination products,
05:27which is our strategy, that we have different crops, different patented formulation,
05:34which we have launched last 3 years ago.
05:36So, our margin profile improved.
05:42As you have told, even the value growth in FI24 or FI25 was not from FI23,
05:55because the value growth in the Erosion, which was the overall products,
05:59that we had a lot of products globally.
06:01Our volume grew up, but the value growth didn't come from the value,
06:08but the product mix and the differentiated product contribution,
06:12the margin of growth is very good.
06:17So, we focused on this strategy and going forward.
06:21We focused on this strategy and going forward.
06:24We focused on this strategy and going forward.
06:24We focused on these patented formulations,
06:26so that the margin is sustainable.
06:38Yeah.
06:39So, we are going forward to getting the money back to this strategy.
06:51In the book of the company, we will pay $321 crore from the book, which will be $170 crore from
06:56the book, and other is for general purpose,
06:59where we will utilize our registration amount. The idea was that we will deliver a little bit of the company,
07:07and going forward, we will support it from our internal cash flow, so that the company will continue sustainable growth.
07:18ཚད ཛྷ྿ས ཆ ཚོྲས ཕྱས ནསས
07:40Yes, see, basically,
07:4337 countries now export
07:45our main focus is on Brazil and USA.
07:52Basically, if you look at the biggest market in the world,
07:56these two countries are the largest market.
07:59That's why our focus is more than
08:03GSP has the benefit of the world.
08:06We are making a lot of basic raw materials
08:09and these products are in Brazil and USA.
08:15And the seasonal conditions,
08:18such as India's season after the season starts,
08:21so that's why our focus is the most important thing.
08:27Yes.
08:28I mean, you can see the seasonality in which you can balance your production capabilities
08:35and distribution capabilities.
08:39Yes. So normally what happens?
08:41The first half, which we call India is a very good thing,
08:45which we call it, in April to September, the consumption is very good.
08:49And in March, the consumption is very good in Brazil.
08:55So that's why we call it a lot,
08:57so that our technical plant,
09:00which we call it for 12 months,
09:01we call it 100% utilization.
09:05Yes.
09:06So where is the margin?
09:08Indian operations or Brazil?
09:11Basically, if we talk about B2B,
09:15B2B is in Brazil and B2B is almost the same.
09:19And our key margin,
09:21which we call it as a patented product.
09:24So the patented product we call it,
09:26we call it domestic,
09:27we call it 12 products,
09:29and we call it every year,
09:31we call it 23-23 new products.
09:32The same strategy we call it in Brazil,
09:35and the same application we call it.
09:40So that's the same strategy we call it.
09:42Yeah.
09:43Yeah.
09:46So how much we call it?
09:49How much we call it?
09:50How much do we call it?
09:53Do you know the data that we call it?
10:02How much do we call it?
10:05How much do we call it?
10:11in US.
10:13Yes.
10:13So, now that's how
10:16how does global
10:18business date
10:21Basically,
10:22now we've got 40% almost
10:24to be to be domestic
10:28and now,
10:29our business is 80% domestic
10:31and 20% export.
10:33We will because
10:35it will increase
10:45foreign
10:45foreign
10:46foreign
10:46foreign
10:50Please, please, carry on.
10:54Basically, opportunity, which is enough in the export, and it seems like waiting time.
10:59In Brazil, if we have permission in Brazil, it takes 7-8 years.
11:04Already, we have done many products in the past 5 years, and in the last year,
11:10we have started permission in Brazil, so in the coming time, it will continue.
11:16That's why, in the next 3-5 years, we will have a good benefit for Brazil and USA.
11:26Yes, absolutely.
11:27So, in the next 4-5 years, how much of your contribution in the next 3-5 years?
11:35Basically, if we talk about the next 3 years,
11:38our plan is in the next 3 years.
11:41In the domestic sector, there is no situation.
11:43So, there is a lot of opportunity.
11:45Brand business, B2B and B2C.
11:47So, the proportion rate will be almost the same.
11:51But our business, today, will grow well.
11:55After that, for 5 years, we will talk about long-term,
11:59so in the next 5-8 years, the ratio change will be 40% and 60% will be domestic.
12:08So, we'll do that in the next 3-7 years, we'll have a total of a dollar of price.
12:36in which the role of BRLM is very important. We have evaluated this very carefully on the
12:42basis of the merchant banker's guidance and looking at the current market situation and
12:48the peers that are listed in today's day. After the microscopic evaluation, we have
12:58this pricing so that medium to long-term investors will be a value addition and a proposal
13:07to the long-term and medium-term investors will be a value. So, from that perspective,
13:13we have this value done.
13:15Yes, but in a document, I saw that Industry Pre-Years Group was 52 times.
13:2651.81 is a document. You can see that the lower end price range is 14.22, but it is
13:3814.97. So, why do you have this value?
13:51the
13:52foreign
13:53In this industry, there are a lot of outliers in which we see in the industry, but when we
14:02talk about a parity in an industry, we have a little margin of safety because of the risk
14:11currently in the market and to give some value to the investors, we have this pricing done.
14:18In this industry, there are a lot of outliers in the market, but when we look at the market,
14:29we think that it is reasonably valued.
14:35Thank you very much, Bhavesh and Shell.
14:38Thank you. Good day.
14:42Namaskar.
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