Forcas Studio Limited · NSE:FORCAS
Forcas Studio — Investor Presentation (January 2025)
30 slides from Forcas Studio's investor presentation, Jan 29, 2025
Slide 1: Intimation of Schedule of Investors Meeting
Forcas Studio fap. LimMifwfTeEe ob Regd. Office: B3-71C/161, Tara Maa Tower, Khalpool, B B T Road, Maheshtala Kolkata- 700141 CIN: L14101WB2024PLC267500 January 29, 2025 Listing Department, National Stock Exchange of India Limited Exchange Plaza, 5" Floor, Bandra Kurla Complex, Mumbai-4000051 Scrip:
Slide 2: Investor Presentation January 2025
Investor Presentation January 2025 For The Fashion Aspirant Bharat Refer to Disclaimer
Slide 3: Disclaimer
This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Forcas Studio Ltd (“FORCAS”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection with, any contract or
Slide 4: Investor Presentation Agenda
ABOUT US FINANCIAL HIGHLIGHTS BUSINESS OVERVIEW INDUSTRY OVERVIEW WAY FORWARD INVESTOR PRESENTATION
Slide 5: 4
4
Slide 6: About Us
Forcas Studio Limited specializes in men's garments, covering all categories of men's wear, such as boxers, shorts, trackpants, cargos, denims, trousers, cord sets, tracksuits, vests, t-shirts, sportswear, shirts, jackets, and sweatshirts. 14+ Years Serving 19,000+ These are marketed under its brand
Slide 7: Managing Director and CFO & Whole-time Director
Managing Director CFO & Whole-time Director Sailesh, a graduate from Kolkata, began his career in his family's fabric manufacturing Sourav, a B.Com graduate, joined his father’s plastic granules trading business in business in Mumbai, gaining valuable experience across multiple departments departmen
Slide 8: Journey and Milestones
Established as a Recognized with the Merit Awarded the title of Achieved Gold Seller status Progressed to Platinum Established as Forcas partnership firm under the Award 2015 by HyperCITY Champion Sales Growth on Flipkart Marketplace Seller status on Flipkart Studio Limited & later name Forcas Appar
Slide 9: Business Overview
BUSINESS OVERVIEW
Slide 10: Digitally oriented business model and channel-wise revenue split
E-Commerce Products are available on leading e-commerce platforms, including Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Identifying New Design Fabric Outsourced Quality Organised Sales through Limeroad, Solvd, and Trends Development Sourcing Manufacturing Control Warehouse multiple
Slide 11: Warehouse and units sold
▪ Prime Location: Centrally located in Kolkata with direct highway access for efficient logistics. ▪ Spacious: 30,000 sq. ft. of carpet area, accommodating high inventory demands. ▪ Extensive Storage Capacity: Garments: 250 racks holding 8,00,000+ Pcs. ▪ Fabric & Materials: Capacity for 3,00,000+ me
Slide 12: Product Category and FTX brand
BOXERS SHORTS TRACKPANTS CARGOS DENIMS TROUSERS CORD SETS TRACK SUITS VESTS Product Category The flagship brand FTX has been a 'category creator' in the menswear TSHIRTS SPORTS WEAR SHIRTS JACKETS SWEAT SHIRTS segment in urban Bharat. To offer new and varied products to customers throughout the year
Slide 13: TRIBE is targeting Gen Z
TRIBE is targeting Gen Z with quirky and the latest fashion. Brand Contribution to Revenue - TRIBE FY24 H1FY25 Rs. In Mn. Rs. In Mn. 56.2 5% 38.9 7% Latest Young Quirky Trends Audience Design Gen Z fashion thrives on latest trends, Fashion for the young focuses on A mix of bold graphics, eccentric s
Slide 14: Products Category, customers and state-wise revenue
Products Category (%) Revenue from Top FY24 % of H1FY25 % of Customers (Rs. In Mn.) Revenue (Rs. In Mn.) Revenue Top 5 Customers 628.47 55.93% 586.29 75.50% 24% 23% Top 10 Customers 811.62 72.23% 679.87 87.55% 2% 2% State-wise FY24 % of H1FY25 % of Revenue Break-up (Rs. In Mn.) Revenue (Rs. In Mn.)
Slide 15: Affordable Fashion for Urban Bharat
Affordable Fashion for Urban Product Pricing Strategy: Increase Online Presence: To Bharat: The focus is on providing Products are priced strategically to drive growth, the company will expand stylish, quality menswear at affordable remain aspirational yet affordable, its presence on additional e- p
Slide 16: Product testing and scaling process
Go Live on 8+ Analyze Sales Data & Initial Production into Marketplaces & available Shortlist the Winning Smaller Quantities to 10+ Crores Buyers Products Invest in Advertising & Scale Production of Promotion of New Products Winning Products INVESTOR PRESENTATION 15
Slide 17: Competitive strengths
Innovative Product Offering Fashion to Brand Recall: Design: FTX leads the Bharat's Youth: Stylish, 1. Orders Served Online: menswear segment in urban affordable menswear is Ensuring fast and reliable Bharat with trend-driven provided, targeting Bharat's online service. designs. In-house team youth.
Slide 18: Marketplace partners
amazon LIMEROADé by Flipkart INVESTOR PRESENTATION ”
Slide 19: Way Forward
WAY
Slide 20: Growth plans and new brand Conteno
Targeting 30-35% Revenue CAGR over the next 3 years while maintaining strong profitability. Strengthening National Enhancing Brand Venturing into Presence Visibility Women’s Wear New Brand – The company plans to expand domestically by targeting Aiming to enhance brand visibility via hiring a Nationa
Slide 21: Financial Highlights
FINANCIAL, HIGHLIGHTS :
Slide 22: Revenue, EBITDA and Net Profit
Revenue (INR Mn.) EBITDA (Rs. Mn) & EBITDA Margin (%) 9.1% 9.3% 7.8% 1,123.7 5.5% 5.5% 3.6% 696.0 505.1 532.0 555.9 102.1 22.8 292.8 51.5 28.0 29.4 24.8 FY21 FY22 FY23 FY24 H1FY24 H1FY25 FY21 FY22 FY23 FY24 H1FY24 H1FY25 Net Profit (Rs. Mn) & Net Profit Margin (%) Net Debt to Equity (x) 4.5% 5.2% 2.
Slide 23: Half-yearly and annual profit and loss
Particulars (INR Mn.) H1FY25 H2FY24 H1FY24 YoY% FY24 FY23 YoY% Net Sales 555.9 830.8 292.8 89.8 1,123.7 696.0 61.4 Cost of Goods Sold 361.6 609.6 138.0 162.1 747.6 424.1 76.3 Revenue Growth Gross Profit 194.3 221.2 154.9 25.5 376.1 271.9 38.3 Gross Margin (%) 35.0% 26.6% 52.9% -1,793 bps 33.5% 39.1%
Slide 24: Historical profit and loss FY21-FY24
Particulars (INR Mn.) FY21 FY22 FY23 FY24 Net Sales 505.1 532.0 696.0 1,123.7 Cost of Goods Sold 435.7 455.6 525.3 747.6 Gross Profit 69.4 76.4 170.8 376.1 Gross Margin (%) 13.7% 14.4% 24.5% 33.5% Employee Expenses 12.6 14.3 14.7 15.7 Other Expenses 28.9 32.7 131.2 258.2 EBITDA (Excl. Other Income)
Slide 25: Balance sheet
Equity & Liabilities (INR Mn.) FY23 FY24 H1FY25 Assets (INR Mn.) FY23 FY24 H1FY25 Equity Non-Current Assets Equity Share Capital 86.0 129.0 175.8 Property, Plant and Equipment's 13.8 11.1 10.1 Reserves & Surplus - 70.9 403.7 Deferred Tax Assets 0.8 1.2 1.2 Total Equity 86.0 199.9 579.5 Long-term Loa
Slide 26: Industry Overview
Forcas Studio INDUSTRY | OVERVIEW
Slide 27: Indian apparel market revenue
Revenue in Billion USD (US$) 124.45 3.35% 33.6 Bn 101.39 105.52 CAGR Pcs 60.94 (2024-2030) Sold in FY23 48.88 51.05 ▪ The Indian apparel industry presents a high-growth opportunity, with Women’s Apparel leading the market 31.10 36.87 29.82 at a value of US$51.05 billion in 2024. 22.69 23.37 26.64 ▪
Slide 28: Fast fashion trends in India
Fast Fashion Produces 50+ Collections/year, and the January Summer Cycle is longer with more Collections ▪ In FY24, India's fast fashion segment grew 30-40%, far outpacing the Summer / Spring Cycle apparel industry's 6% growth. ▪ Tier II and III cities in India are rapidly emerging as key strategic
Slide 29: Growth drivers
Rising Disposable Income: The growing Shifting Consumer Preferences: middle class in India is driving increased Consumers are increasingly drawn to spending on clothing, with a shift toward branded, stylish clothing and sustainable higher-quality and premium products, options, reshaping the market a
Slide 30: Forcas Studio Limited contact
Forcas Studio Limited E-mail: info@focasstudio.in Website: www.focasstudio.in Linkedin - Free social media icons KAPTIFY® Consulting Strategy & Investor Relations | Consulting E: info@kaptify.in M: +91-845 288 6099 www.kaptify.in INVESTOR PRESENTATION 29