Welcome to

Indias First Multi-National Seed Company

September 2008
Advanta - A Global Company

Subsidiaries of
Advanta
Countries where
Advanta products
are used
Board of Directors

JAI R. SHROFF CEO of United Phosphorus Limited

(42)
Managing new projects & ventures
Chairman
VIKRAM R. Graduate in Chemistry and Harvard Business School
SHROFF (35) alumnus
Non-Executive Responsible for human resource planning, purchase,
Director commercial, marketing & production at United
V. R. KAUNDINYA Graduate in Agriculture,
Phosphorus Limited and IIM (A) alumnus in Agri-
(52) business
Managing Over 26 Years of experience in agriculture industry
Director
HARDEEP SINGH Alumnus of Kellogg School of Management
(54) Ex-chairman of Cargill India
Independent Currently on the Board of Punjab Tractors Ltd
Director
VINOD SETHI (46) Alumnus of IIT Bombay & Stern Graduate School of
Independent Business
Director Served as CIO at Morgan Stanley for 12 years
Dr.VASANT Alumnus of IIM Amedabad and Stanford University
GANDHI (54) Worked with NDDB, Stanford University, the World Bank
Independent and the International Food Policy Research Institute
Director Currently Professor at IIM Ahmedabad
A World Class Advisory Board of Advanta

Name Background
Felipe Osorio Colombian citizen - 20 years experience with
agricultural input industry in USA, Latin America and
Asia last 14 years with Monsanto now heads Alianza
TEAM in Colombia
Dr. Ganesh Kishore US Citizen former Chief Biotechnology Officer at DuPont
- Former Chief Biotechnologist and President, Nutrition
Sector, Monsanto Company- 27 years experience in
biotech & seed industry and inventor of major Ag traits.

Sam Dryden US citizen investor and developer of Life Sciences ventures

with particular application, scale & commercialization of early
stage technologies-currently Managing Director of
Wolfensohn & Co focusing on private equity investments in
biofuels and alternate energy technologies CEO of Emergent
Genetics LLC

Jonathan Malkin US Citizen 20 years experience in Ag germplasm

Founder & Managing General partner of ATP Capital LP,
a private equity fund
Global Organization Structure

Board of Directors

CEO
V.R. Kaundinya

Business Strategy & Business Business Business Business

Head Business
Business
Head Head Head Head Head
Vegetable Developm
Australia Thailand India Argentina NUTRISUN
s ent
TBH Chris Howar Pacholk Satees Jorge Albert
Bazley d Pongpani h Mouto o
Morris ch Hegde us Leon

Supply Chief
Research Internation Legal
Chain Financial HR Head
Head al Head
Head Officer
Ravi Alan Scott Manoj PM Regional Jocelyn
Reddy Gupt Nanja Business Davey
a ppa Managers
Our Geographies

We have operations in 4 continents & 5 countries

Our exports go into 25 other countries

Country-wise Contribution
2008
Country %
Australia 26
India 25
International 16
Thailand 12
Argentina 11
USA 10
Total 100
Our Core Crops

Global : Sorghum, Sunflower, Tropical Corn and

Vegetables
RegionalCrop-wise
: Rice, Cotton and Brassicas
Contribution
2008
%
Sorghum 29
Sunflower 21
Vegetables 18
Corn 13
Canola 11
Others 08
Total 100
Success Strategy
Germplasm
Depth
Variety

Breeding Program Biotechnology

Quality Traits
Experience Molecular Markers
Techniques

Research &
Development
+
Production, Brand & Distribution
Convergence of Technologies

Genetic Potential

Demand + Available Land Yield

Preservation

+
Increasing income levels &
+
of Yield

Characteristic
Growing Awareness Technology
Output Traits

Optimum use of resources Desired Characteristics

Cost Effectiveness - Water - Nutrients
- Quality
- Land - Manpower
Sorghum in Advanta

Currently the largest crop in Advanta

Total tonnage about 20000 tons
USA, Argentina and Australia contribute 25% each
Major breeding programs in USA, Australia and Argentina
Molecular marker facility
Recently entered US markets through Garrison & Townsend acquisition
Bio-energy initiative launched with sweet sorghum
Sunflower in Advanta

Currently the second largest crop in Advanta

Total tonnage about 5500 tons
Argentina (40%) and International (30%) : major contributors
Major breeding programs in Argentina, Australia and India
Molecular marker facility in Argentina
Nutrisun project
Nutrisun

Breakthrough Non Genetically Modified technology in Sunflower

Hybrids developed by Advanta
Combines mutagenesis, plant breeding and molecular marker know-how
Sunflower hybrid seed products with a highly beneficial oil profile
Fatty acids in SUNSAT oil (stearic, oleic and linoleic acids) have the propensity to lower
bad cholesterol (LDL) and to be neutral or increase good cholesterol (HDL)
Solid fat at room temperature
Global application with full control of the intellectual property

Currently under the pre-commercial stage

Extremely favourable reaction from major food producers across the world
Hybrids are currently being produced in Argentina

Commercial introduction expected by 2009

Nutrisun is expected to find application in margarines, spreads, frying
oil, cooking, baking, confectionery, and cocoa butter alternatives
Corn in Advanta

Total tonnage about 9000 tons

India contributes 40% & Thailand 20%
Major breeding programs in Thailand, India and Australia
Molecular marker facility
Expansion planned in Latin American markets
BT Corn introduction in Argentina
2 new hybrids registered each in Indonesia and Brazil
Rice in Advanta
Strong product portfolio in India
- PAC 801 & PAC 832 well accepted in the market
- Swarna -1 & Swarna -2 launched last year
- Pac 807, PAC 809 & PAC 837 launched in 2008

PAC 807 registered in Vietnam

Registration trials initiated in Indonesia, Philippines,

Bangladesh, Burma and Pakistan

Research facilities established in Vietnam & Indonesia
Member of the IRRIs HRDC Consortium
Advanta had an eventful year 2007

First full year of operations since acquisition by UPL

Now a 100M$ company
Successful IPO
Significant organizational changes
3 acquisitions
First entry into vegetables sector
First sale of transgenic crops: corn & cotton
Hybrid Mustard introduction in India
Enhanced research investments
Excellent growth in all markets
Nutrisun on its way to 2009 launch:
- Two MOUs signed during the year
Major progress with China, US and Brazil
Advanta : Acquisitions

Completed FIVE acquisitions in last two

years
Company Country Crop From
1 Longreach Australia Wheat Syngenta

2 Golden India Vegetables Promoters

3 Unicorn India Vegetables Promoters

4 Garrison Townsend USA Sorghum Promoters

5 Acquired Sunflower business from Limagrain In USA

Total investment of
65M$
Financials
 Financials
Promoter
59.94%

NRIs / OCBs
Mutual Funds / UTI
6.03%
4.70%
Indian Public Debt Equity
Bodies Corporate Ratio
4.10%
Foreign Institutional 3.22%
Investors
21.90%
Financials

CONSOLIDATED FINANCIAL HIGHLIGHTS AT A GLANCE FOR Rs. in

LAST 2 YEARS Millions
Jan - Dec Jan - Dec
Accounting Year
2006 2007

Sales/ Income from Operations 2916.3 4242.4

Total Income 3217.0 5131.3
Earnings Before Depreciation, Interest,
793.0 818.8
Amortization and Tax (EBDITA)
560.0 818.8
EBDITA (Excluding Extra Ordinary Items)
Profit after Tax and Minority Interest 483.9 453.8
Gross Fixed Assets 4620.1 5990.6
Net Fixed Assets 3950.5 5221.9
Net Worth 1099.6 4532.7
Diluted Earnings Per Share of Rs. 10/- 29.0 28.17
Book Value Per Share 130.9 269.25
Debt - Equity Ratio 3.94:1 0.70:1
Net profit / Sales (%) 16.9 11.0
Financials
Advanta : Biotech Traits Access

Company Country Crop Traits

1 Monsanto Australia & Argentina Canola & Corn RoundupRea
dy &
YieldGard
2 Nath/Chinese India Cotton Fusion Bt
3 BASF Australia , Thailand & Canola, Corn & Clearfield
Argentina Sunflower
Sweeping Changes in the world

The World of agriculture is undergoing major changes

Biotechnology Traits
Value Added Crops
Value transfer between agrochemicals and seeds
Global Consolidation of industry
IP protection laws

Technologies that are likely to come to India in the next ten

years
Herbicide Tolerance
Drought Tolerance
Nitrogen Use Efficiency
Healthy Oils
Higher Yield
Feed Nutrition enhancement
Value Transfer into Seed

Human Water
Health & Soil
Nutrients

Crop Animal
Chemicals Nutrition
SEEDS
Challenges for Agri Input Industry

Increased seed prices due to enhanced value

Enforcement of new IP Laws
Delivery of product to farmer (Channel)
Value Capture
Contract farming models
Consolidation in industry
Technology Stewardship
- Stakeholders education on new technologies
- Management of risk for farmer
- Procurement system & trait tracking
Advanta has a Promising Agenda for 2008

Expected revenue growth of 35%

New products: RR Canola in Australia
New geographies: Brazil, China, US, Indonesia
Nutrisun to forge commercial links
Global supply chain function
Expansion of Vegetable seed business
Bioenergy project with sweet sorghum
Biotech investments
Exploring Synergies with UPL in India and some other countries
Future Business Strategy

Continue investment in breeding and Technology

International Expansion : Asia / Latin America / CIS

Leverage low cost strengths of India in production and research

Selective acquisitions in core crops and geographies

Regional Business Growth driven by Select Crops

THANK YOU