Slide 1: Filing cover letter to stock exchanges
+- BSL Ltd. REGO. OFFICE : 26,lndustrial Area, Gandhi Nagar, BHILWARA-311 001 (Rajasthan) INDIA Tel.: (91 1482) 249101-102, 245000 E-mail : accounts@bslsuitings.com, Website : www.bslltd.com www.bslltd.com www.bslltd.com C.I.N.: L24302RJl970PLC002266 REF: BSL/CS/2022-23/ Dated: I 0 th November, 2022
Slide 2: Q2 & H1FY23 Earning Presentation
Q2 & H1FY23 Earning Presentation BSL 514045
Slide 3: Safe Harbor
SAFE HARBOR This presentation has been prepared by BSL Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situation, or informational need of any particular person. This presentation may not be copied, distributed, or disseminated, directly o
Slide 4: Table of Content
TABLE OF CONTENT Q2 & H1FY23 FINANCIAL PERFORMANCE 01 DRIVERS OF GROWTH 02 COMPANY PROFILE 03 ESG INITIATIVES 04 MANAGEMENT TEAM 05 ANNEXURE 06 03 Investor Presentation || Table Of Content Q2FY23
Slide 5: Q2 & H1FY23 Financial Performance
Q2 & H1FY23 Earning Presentation Q2 & H1FY23 FINANCIAL PERFORMANCE
Slide 6: Chairman Message
CHAIRMAN MESSAGE Commenting on the results, Mr. Arun Churiwal, Chairman of BSL Limited said, “Given the macro environment that continues to be challenging, I am happy to share that BSL Limited delivers a strong, resilient performance in a seasonally weak quarter for the Indian textile industry. The
Slide 7: Managing Director Message
MANAGING DIRECTOR MESSAGE Commenting on the results, Mr. Nivedan Churiwal, Managing Director of BSL Limited said, “It is my pleasure to connect with all our shareholders for the first time we have taken these steps to strengthen our relationship. Coming to BSL over the last year, we have built treme
Slide 8: Financial Performance: Q2FY23
FINANCIAL PERFORMANCE: Q2FY23 Revenue Gross Profit & Gross Profit Margin % ₹ in Cr 14.7% 133 116 112 14.0% 65 57 59 49.1% 52.1% 49.1% Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 EBITDA & EBITDA Margin % PAT & PAT Margin % 14.7% 13 11 11 30.6% 5 4 3 9.6% 9.1% 9.9% 3.8% 3.3% 2.4% Q2FY22 Q1FY23 Q2FY23 Q2
Slide 9: Financial Performance: H1FY23
FINANCIAL PERFORMANCE: H1FY23 Revenue Gross Profit & Gross Profit Margin % ₹ in Cr 20.8% 245 15.9% 124 203 107 52.8% 52.1% H1FY22 H1FY23 H1FY22 H1FY23 EBITDA & EBITDA Margin % PAT & PAT Margin % 14.3% 21.8% 8 24 21 6 10.3% 3.1% 3.2% 9.6% H1FY22 H1FY23 H1FY22 H1FY23 08 Investor Presentation || Financ
Slide 10: Quarterly Key Highlights
QUARTERLY KEY HIGHLIGHTS ❑ Total Income for Q2 FY23 is ₹ 132.9 crores and for H1 FY23 is ₹ 245.6 crores up 15% and 20% YoY ❑ EBITDA for Q2 FY23 at ₹ 13.2 crores with margin at 9.9% and for H1 FY23 stood at ₹ 24 crores with margin at 9.6%. ❑ PAT at ₹ 5.1 crores in Q2 FY23 & ₹ 7.8 crores in H1 FY23 up
Slide 11: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE ₹ in Cr Revenue Gross profit & GP Margin% 437 436 224 403 210 390 198 199 321 166 49.1% 51.0% 51.6% 51.3% 47.9% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA & EBITDA Margin% PAT & PAT Margin% 41 11 35 33 31 30 2.6% 9.4% 9.5% 8.1% 7.9% 7.9% 2 1 1 1 0.3% 0.
Slide 12: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE ROCE RONW Fixed Asset Coverage Ratio In times 12.8% 10.6% 7.6% 7.4% 3.1 7.3% 6.3% 2.3 1.9 1.8 1.4 2.2% 1.7% 1.3% 1.1% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Net Working Capital ₹ in Cr Net Debt ₹ in Cr Net Debt to Equity 45.6 186 2
Slide 13: Drivers of Growth
Q2 & H1FY23 Earning Presentation DRIVERS OF GROWTH
Slide 14: Drivers of Growth
DRIVERS OF GROWTH 1. Robust Demand 2. Support Govt. policy 3. China +1 strategy 4. Investments Plan 5. Aggressive Marketing ▪ In 2021, the Indian textile & ▪ India is working on getting a Free ▪ China Plus One sentiment ▪ BSL is going to increase its ▪ BSL Limited’s marketing strategy is apparel ind
Slide 15: Company Profile
Q2 & H1FY23 Earning Presentation COMPANY PROFILE
Slide 16: About BSL
ABOUT BSL Manufacturer of an extremely diverse range of textile products ranging from synthetic, worsted, and now cotton yarn to synthetic & worsted suiting's and a variety of furnishing fabrics. Formed in1971 and growing from strength to strength. South Asia’s leading supplier of furnishing fabrics
Slide 17: Company Profile
COMPANY PROFILE MILESTONE CAPACITY ▪ The company took decisive step to venture into furnishing Mid 2000’s Production fabrics and over the last decade or more, this has been the Particulars Capacity biggest growth engine for success story for the company. 174 Fabrics Looms ▪ The Company was the first
Slide 18: Business Verticals – Suitings
BUSINESS VERTICALS – SUITINGS BSL PROVIDES FINEST PREMIUM SUITING FABRICS FOR BOTH DOMESTIC & EXPORT MARKETS PV FABRICS PW FABRICS TR FABRICS 17 Investor Presentation || Company Profile Q2FY23
Slide 19: Business Verticals - Furnishings
BUSINESS VERTICALS - FURNISHINGS The New Benchmark From Soft Furnishing Fabrics To Upholstery Fabrics & Exquisite Silk Fabrics Offers A Wide Range Of Premium Furnishing CURTAIN FABRICS FURNITURE FABRICS SILK FABRICS 18 Investor Presentation || Company Profile Q2FY23
Slide 20: Business Verticals - Yarns
BUSINESS VERTICALS - YARNS THE YARNS DEFINE FABRICS POLY VISCOSE VORTEX YARN YARN POLY WOOL COTTON YARN YARN The highest quality fabrics begin with yarn that comes from a state-of-the-art manufacturing facility. Made of different materials, color patterns, gauges, and weights, our yarns are a testam
Slide 21: Strong Parentage
STRONG PARENTAGE ELECTRODES POWER CONSULTANCY ▪ Indo Canadian Consultancy Services ▪ HEG Limited Limited POWER TEXTILES ▪ Balephi Jal-Vidyut Co. P. Limited - Nepal ▪ BSL Limited ▪ NJC Hydro Power Limited ▪ Maral Overseas Limited ▪ AD Hydro Power Limited ▪ RSWM Limited ▪ Bhilwara Energy Limited ▪ Bhi
Slide 22: ESG Initiatives
Q2 & H1FY23 Earning Presentation ESG INITIATIVES
Slide 23: Environment
ENVIRONMENT M.E.E. – Multiple Effect Evaporator and R.O. Plant Agro-Fuel – From July’22 onwards, in line with Global Sustainability Initiatives, the fuel system for both Boiler & Thermopack is being changed to Agro-Fuel instead of Fossil Fuels. Z.L.D. – Zero Liquid Discharge and E.T.P. – Effluent Tr
Slide 24: Social
SOCIAL Corporate social responsibility is also called corporate conscience, corporate citizenship, social performance, or sustainable business. It is a form of corporate self regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby a business
Slide 25: Governance
GOVERNANCE Internal Control Systems • The Company has adequate Internal Control Systems, commensurate with the size, scale and complexity of its operations. • The Audit committee quarterly reviews the Executive summary on the internal audit findings along with the recommendations and management comm
Slide 26: Management Team
Q2 & H1FY23 Earning Presentation MANAGEMENT TEAM
Slide 27: Management Team
MANAGEMENT TEAM Shri Arun Churiwal Shri Nivedan Churiwal Shri Praveen Jain Chairman Managing Director Director Operations B.A. (Hons), 50 years of experience B.Com, 23 years of experience F.C.A., F.C.S., F.C.M.A., 33 years of experience 26 Investor Presentation || Management Team Q2FY23
Slide 28: Board Members
BOARD MEMBERS Shri Arun Churiwal Shri Praveen Jain B.A. (Hons), 50 years of experience F.C.A., F.C.S., F.C.M.A., 33 years of experience Shri Nivedan Churiwal Shri J. C. Laddha B.Com, 23 years of experience F.C.A. (Hons), 45 years of experience Shri Ravi Jhunjhunwala OUR Mrs. Abhilasha Mimani M.B.A.,
Slide 29: Achievements
ACHIEVEMENTS Best Overall Export Performance - Export of fabrics to Focus Lac Countries 2018 - 19 Golden Trophy Best Overall Export Performance - Export of Natural Silk Goods 2017 - 18 Silver Trophy Best Overall Export Performance - Export of fabrics to Focus Lac Countries 2017 - 18 Golden Trophy Be
Slide 30: Thank You!
Thank You! GET IN TOUCH WITH US BSL Limited Investor Relation: Shri Nivedan Churiwal Rik Consultancy & Advisory Services LLP Managing Director Mr. Ritesh S Singh, Partner E: nivedan@bslltd.com M: +91 8329 385762 E: ritesh.singh@rikcapital.in
Slide 31: Annexure: Profit & Loss Statement
ANNEXURE Profit & Loss Statement ₹ in Cr Period Q2FY23 Q2FY22 Q1FY23 FY22 Total Income 132.9 116.5 112.7 437.3 (Incl. other income) Raw Material Cost 65.0 50.2 68.8 224.5 Employee Cost 19.4 17.1 18.6 68.5 Power Cost 12.7 10.9 12.5 45.5 Other Expenses 19.9 18.0 17.1 70.2 Inc./Dec. in Inventory 2.5 9.
Slide 32: Annexure: Balance Sheet Highlight
ANNEXURE Balance Sheet Highlight ₹ in Cr Assets 30.09.22 31.03.22 Liabilities 30.09.22 31.03.22 Non-current Assets 130.0 94.6 Shareholders' Fund 95.6 89.3 Fixed Assets 77.8 74.3 Share Capital 10.3 10.3 Investments 0.0 0.0 Reserve & Surplus 85.3 79.0 Other Non-current Assets 52.2 20.3 Non-current Lia