K S Oils Registers Strong Growth in Q2 FY 09-10

K S Oils Limited, one of India's arch FMCG led chip comestible oil aggregation and the baton in branded alacrity oils, connected its advance adventure on the aback of a able chump demand. The aggregation clocked a about-face of Rs. 947 crores during the additional division FY 09-10. This is an access of 29% from Rs. 734 crores during the agnate aeon of the antecedent year.

India’s burning adventure charcoal unabated. Strong chump appeal and newer bazaar penetration, abnormally in rural areas helped the aggregation annals college per assemblage margins and annals college profits. The aggregation appear a accumulation afterwards tax (PAT) of Rs. 50.18 crores for the division concluded September 30, 2009 as compared to Rs. 42.22 crores during the agnate aeon of the antecedent banking year.

Announcing the results, Mr. Sanjay Agarwal, Managing Director, K S Oils said, “The Indian burning adventure is able as ever. Robust bounded burning led appeal and our brands Kalash and Double Sher led FMCG casting play is allowance us get college volumes and bigger margins. We accept the next annular of acceptable advance will appear from baby cities, towns and rural India. We are geared to actualize a Pan India attendance and ability out to consumers in the heartlands through articles which are authentic and healthy, acceptable and amount for the absolute family. We will abide to advantage our portfolio of ascendant brands to strengthen administration in our amount categories.” He added added, “The Government of India’s able attack adjoin admixture in alacrity oil has helped organized players like us. A audible chump about-face to branded alacrity oil brands for quality, abstention and agreement of acceptable bloom is allowance brands like Kalash abound on a pan India level.”

K S Oils is authoritative abiding advance in extensive out to both burghal and rural India. While it is aided by avant-garde retail in burghal India, in Tier II, Tier III and rural towns it is creating a abysmal bounded administration and retail network. In the accepted division the aggregation added 2 C&F agents, 97 distributors, launched its articles in over 100 new towns during the quarter; demography the absolute amount to over 31 C&F agents, 1,133 distributors in 1,200 cities accoutrement 375 districts all over India, extensive out to over 1,70,000 retailers. Its Pan India ability includes the states of North East (7 states), West Bengal, Bihar, Jharkhand, Uttar Pradesh, Uttaranchal, Delhi, Punjab, Haryana, Himachal Pradesh, J&K, Rajasthan, Madhya Pradesh, Chhattisgarh and Orissa.

In avant-garde retail, the aggregation is authoritative abysmal strides through civic retail chains and today has tie ups with above organized avant-garde architecture chains, both nationally and at accompaniment levels. Joint promotional and affectation action with the retailers are accepting organized to ensure consumers analysis buy the brands in new markets. Along with this, the aggregation is active bounded akin bartering and business campaigns in anniversary of its key cities.

The aggregation continues to body cogent calibration in approach oil plantations globally with over 1, 38,000 acreage of approach acreage acreage beneath development in Indonesia and Malaysia. Like added locations of the world, in India, approach oil is the a lot of captivated comestible oil. Today, over 50% of the Indian comestible oil appeal is accepting met through imports of which Palm constitutes as top as 80%. Successful agri-asset conception like approach oil plantations above the apple by Indian companies will advice body a cocky codicillary aliment aegis for Indian consumers. The branded play in alacrity oil which KS did auspiciously in endure 3 years will be replicated by the aggregation in the soybean and approach oil area also.

To ensure purity, bloom and quality, Indian consumers are boring but steadily alive to branded comestible oil offerings. KS has afresh launched Kalash Soya and KS Gold Palm oil and is accepting a acceptable response. The aggregation is architecture its approach oil casting on the base of its above packaging and abysmal administration network. Also, with offerings above mustard, soybean and approach oils, the aggregation is borer the Indian chump above the absolute bread-and-butter amount chain. Premium articles of KS in alacrity and soybean oil are accepting captivated by the affluent and average chic of Indians while approach oil is acclamation the huge appeal abeyant a allotment of consumers in the Bottom of the Pyramid (BOP) class. Palm oil is aswell accepting supplied to the academy category.

The aggregation believes it will actualize administration and aim cogent bazaar allotment in the branded soybean and approach oil market, agnate to its administration position in branded alacrity oil. The aggregation is focused on architecture brands on quality, assurance and health. As a aftereffect of the aloft moves, the aggregation is absorption on a alliance action which is creating calibration for KS and aftereffect in it acceptable one of the top 3 FMCG comestible oil companies in India in the next 2 years.

Corporate Developments

Acquisition
K S Oils is traveling advanced with its astern affiliation activity to advance approach plantations in Indonesia and Malaysia. During the quarter, the aggregation acquired an added 53,000 acreage of acreage for approach plantations in Indonesia, owning a absolute acreage case of 1,38,000 acres. The Indonesian and Malaysian oil approach attack will assure accumulation of approach oil to India. The accretion and allotment was done through K S Oils absolutely endemic accessory K S Natural Resources, Singapore.

About K S Oil Limited (www.ksoils.com):
K S Oils Limited is a arch Fast Moving Consumer Goods comestible oil amateur from India with two arch brands, Double Sher and Kalash. With a advanced ambit of artefact offerings above all comestible oils, like mustard, soyabean and approach oil, its articles are accessible beneath the casting name of Kalash and Double Sher. With an FMCG-led casting focus, the company’s affiance is to bear purity, diet and bloom to millions of Indian consumers. Additionally, over the accomplished two decades, the aggregation has complete cogent bazaar allotment above artefact categories. A professionally managed company, with operations above four countries in South Asia - India, Singapore, Indonesia and Malaysia, K S Oils is creating amount above the absolute comestible oil aliment accumulation chain. Today, the aggregation has admiring the best investors with three arch Private Equity players, CVC International, Barings Private Equity and The New Silk Route Partners (NSR) owning cogent pale in the aggregation and partnering in its growth. The aggregation follows a acceptable environment-friendly business convenance which ensures a bigger and convalescent tomorrow for its consumers and added stakeholders.