Nandan Denim Limited · NSE:NDL
Nandan Denim — Investor Presentation (April 2022)
37 slides from Nandan Denim's investor presentation, Apr 16, 2022
Slide 1: Submission of Investor Presentation to exchanges
One world with denim April 16, 2022 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G - Block, Dalal Street, BKC, Bandra (East), Mumbai-400 001. Mumbai 400 051. Scrip Code: 532641 Scrip Symbol: NDL Dear Sir, Sub.: Submission of Invest
Slide 2: Nandan Denim Ltd. Investor Presentation April 2022
NANDAN DENIM LTD. Investor Presentation | April 2022
Slide 3: Safe Harbour Statement
SAFE HARBOUR STATEMENT This presentation may include statements, which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position,
Slide 4: Company Overview, Industry Overview, Results Summary
Company Overview 04 Industry Overview 18 Results Summary 22 Performance Track Record 27 ESG 33 Shareholders Information 37
Slide 5: Company Overview
Company Overview
Slide 6: Chiripal Group: Overview
Nandan Denim Limited Leading fabric manufacturer of denims, cotton fabrics and yarn CHIRIPAL GROUP: OVERVIEW Chiripal Industries Limited Manufacturer of POY, FDY, DTY, texturizing yarn, knitting Fabrics, also into chemical division and cotton spinning Vishal Fabrics Limited It is primarily engaged i
Slide 7: Nandan Denim Ltd – A Distinctive Entity
NANDAN DENIM LTD – A DISTINCTIVE ENTITY A global leading denim manufacturer, Nandan Denim Limited is redefining the Vision To be No. 1 denim industry for more than 27 years With a passion for fashion and design, we produce more than 2000 denim products every year. We manufacture and supply denim fab
Slide 8: Our Business Segments
OUR BUSINESS SEGMENTS DENIM SHIRTING YARN o Nandan denim is renowned and acclaimed for o At Nandan, we offer shirting fabric to our o We deliver high quality dyed yarn in various its exceptional quality and extensive variety customers in a wide variety of designs, blends and thread counts for the ho
Slide 9: Denim, Shirting, Yarn
DENIM SHIRTING YARN Production Production Production (In LMPA) (In LMPA) (In TPD) 92 93 776 29,123 100 35,000 900 800 694 646 90 30,000 700 80 70 66 25,000 21,700 22,900 433 600 41 60 20,000 500 50 400 15,000 40 300 30 10,000 200 20 100 10 5,000 194 0 0 - FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 FY18
Slide 10: Timeline
2000 2014 Incorporation as Nandan 2005 Installed capacity: Exim Pvt Ltd Enters into capital 2008 Denim – 110 MMPA Commencement of market with an IPO with Brought Rights issue Spinning – 64 TPD textile trading business increase in Denim to expand Denim Capacity to 20 MMPA 2012 Shirting – 10 MMPA capa
Slide 11: Geographical Presence
GEOGRAPHICAL PRESENCE 1 United states Over the years, we have developed lasting relationships with various 2 Central America national and international brands. We leverage our scale of operations and 3 Columbia inherent capabilities to fulfil diverse customer needs in 15+ countries. 4 Venezuela 5 Pe
Slide 12: Gujarat - Strategic Location of Manufacturing Facilities
GUJARAT - STRATEGIC LOCATION OF MANUFACTURING FACILTIES 1 GUJARAT TEXTILE HUB OF INDIA Largest producer of denim fabric (65- 70%) in India and third largest in the world Largest producer of cotton in India with 31% share Textile hub of India housing the entire textile value chain 2 SUPERIOR CONNECTI
Slide 13: Nandan Denim Strengths
NANDAN DENIM STRENGTHS QUALIFIED AND SKILLED MANPOWER MARKET LEADERSHIP We have a team of competent and efficient CUSTOMER RELATIONSHIP The Indian textile people. Our workforce industry is highly has doubled since 2012, HIGHLY EXPERIENCED PROFESSIONAL We continue to maintain fragmented. However, str
Slide 14: Strategy
STRATEGY Penetrate across new Expansion of geographies existing businesses through organic 5 growth Consistent modernization & 6 7 Enhance investments in R&D, Product Development and capacity Expansion 4 Innovation Focus on Shareholder Value Creation 3 8 Continue to establish new network of distribu
Slide 15: Board of Directors
BOARD OF DIRECTORS Mr. Vedprakash D Chiripal Mr. Jyotiprasad D Chiripal Mr. T. S. Bhattacharya Chairman Managing Director Independent Director He is the Founder Chairman. He has 4 decades of He has vast experience of 28 years in the textile Mr. Bhattacharya retired as the Managing experience in the
Slide 16: Board of Directors
BOARD OF DIRECTORS Ms. Falguni Vasavada Mr. Giraj Mohan Sharma Mr. Shaktidan Gadhavi Independent Director Independent Director Whole Time Director Dr. Falguni Vasavada is Professor & Chair, A seasoned management professional With three Mr. Gadhvi has been working with Nandan Strategic Marketing Area
Slide 17: Industry Overview
Industry Overview
Slide 18: India's Domestic Textile and Apparel Market & Exports
INDIA’S DOMESTIC TEXTILE AND APPAREL MARKET & EXPORTS India’s Domestic Textile and Apparel Market Size (US$ billion) Indian Textile and Apparel Exports (US$ billion) 200 190 70 65 180 13 4 60 160 42 11 -30% 140 50 120 106 40 33.5 100 8 30 29 2 28.4 20 75 30 5 80 1 2 6.5 4 135 18 4.8 60 50 15 20 4 1
Slide 19: Industry Growth Drivers
INDUSTRY GROWTH DRIVERS Better availability of skilled manpower in India The trade tension between US- The ban of cotton from China leading to higher import the Xingjiang region should benefit Indian Government Initiatives such duty on Chinese apparels cotton yarn exporters as PLI and others India’s
Slide 20: Denim Industry
DENIM INDUSTRY SIZE CAPACITY MILLS CONSUMPTION INITIATIVES TAKEN The market size of Indian The industry has an annual At present the total The current domestic The government is also Denim Wear was estimated installed capacity of 1.5 number of denim fabric consumption of Indian promoting investments
Slide 21: Results Summary
Results Summary
Slide 22: Result Summary - Q3FY22
RESULT SUMMARY - Q3FY22 (Rs in Lakhs) 181% 548% 85% 1,972 4,788 58,706 31,796 2,644 304 Total income EBITDA PAT Q3FY21 Q3FY22 Q3FY21 Q3FY22 Q3FY21 Q3FY22 Sales Break Up (Rs in Lakhs) DENIM SHIRTING YARN OTHERS 126% 125% 23% 42% Q3FY22 40,169 2,596 11,821 3,814 Q3FY21 17,743 1,156 9,578 2,684 Investo
Slide 23: Result Summary - 9MFY22
RESULT SUMMARY - 9MFY22 (Rs in Lakhs) 98% 880% 5,238 1,46,649 13,498 73,975 1,534 PAT (3,397) Total income EBITDA 9MFY21 9MFY22 9MFY21 9MFY22 9MFY21 9MFY22 Sales Break Up (Rs in Lakhs) DENIM SHIRTING YARN OTHERS 116% 166% 75% 55% 9MFY22 98,495 6,683 31,898 8,361 9MFY21 45,637 2,516 18,257 5,401 Inve
Slide 24: Revenue Split – Q3 & 9MFY22
REVENUE SPLIT – Q3 & 9MFY22 Q3FY21 Q3FY22 Q3FY21 Q3FY22 Segment wise (%) Geographical Revenue Split (%) 9% 7% 5.97% 6.19% 20% 31% 57% 4% 69% 4% 94.03% 93.81% Denim Shirting Yarn Others Domestic Export 9MFY21 9MFY22 9MFY21 9MFY22 Segment wise (%) Geographical Revenue Split (%) 8% 6% 7.83% 8.44% 22% 2
Slide 25: Profit and Loss - Q3FY22
PROFIT AND LOSS - Q3FY22 (Rs in Lakhs) Particulars Q3FY22 Q3FY21 Q2FY22 Y-o-Y (%) 9MFY22 9MFY21 Y-o-Y (%) Income from operations (a) Revenue from operations 58,318 31,162 51,093 87% 146,122 71,801 103% (b) Other Income 388 634 635 -39% 526 2,173 -44% Total Income 58,706 31,796 51,728 85% 146,649 73,
Slide 26: Performance Track Record
Performance Track Record
Slide 27: Financial Performance (1/2)
FINANCIAL PERFORMANCE (1/2) (Rs in Lakhs) Total Operating Income EBITDA and EBITDA Margin 25,000 16% 15% 18% 16% 20,000 11% 14% 12% 15,000 9% 8% 8% 10% 8% 10,000 6% 4% 5,000 20,464 23,435 16,081 11,787 8,501 13,498 2% - 0% 1,23,823 1,59,774 1,46,689 1,54,303 1,10,951 1,46,122 FY17 FY18 FY19 FY20 FY2
Slide 28: Financial Performance (2/2)
FINANCIAL PERFORMANCE (2/2) Overall Gearing -Times TOL/TNW 1.6 0 1.46 2.5 0 1.35 1.4 0 1.23 1.17 2.0 0 1.93 1.84 1.06 1.58 1.51 1.2 0 0.99 1.47 1.0 0 1.5 0 0.8 0 1.0 0 0.6 0 0.4 0 0.5 0 0.2 0 0.0 0 0.0 0 FY17 FY18 FY19 FY20 FY21 9MFY22 FY17 FY18 FY19 FY20 FY21 Interest Coverage Times Total Debt/EBIT
Slide 29: Income Statement
INCOME STATEMENT (Rs in Lakhs) Particulars FY17 FY18 FY19 FY20 FY21 Income from operations (a) Revenue from operations 1,22,041 1,58,892 1,45,605 1,52,427 1,09,023 (b) Other Income 2,116 1,390 1,326 2,437 2,352 Total Income 1,24,157 1,60,282 1,46,931 1,54,864 1,11,376 Expenses (a) Cost of materials
Slide 30: Balance Sheet
BALANCE SHEET (Rs In Lakhs) (Rs in Lakhs) Equity & Liabilities FY17 FY18 FY19 FY20 FY21 Assets FY17 FY18 FY19 FY20 FY21 Equity Share Capital 4,805 4,805 4,805 4,805 4,805 Property, Plant and Equipment 79,672 73,607 63,187 58,398 50,249 Other Equity 38,956 42,637 44,260 44,223 42,298 Total Equity 43,
Slide 31: ESG
ESG
Slide 32: Sustainability
SUSTAINABILITY o We focus on sustainable development which is completely in sync with the environment, society and community and adheres to the highest standard of business ethics. o In the environmental space, our priorities include an efficient water management, effective waste and effluent treatm
Slide 33: Environmental Solutions
ENVIRONMENTAL SOLUTIONS WATER MANAGEMENT o We are a zero liquid discharge company. The future of o We reuse and recycle water employing Effluent Treatment Plant (ETP) and Reverse humanity is critically Osmosis (RO) Plant. dependent on how o We treat wastewater through Sewage Treatment Plant (STP) an
Slide 34: For Our Environment and People
SUSTAINABLE FABRICS & CHEMICAL COMPLIANCE FOR OUR o We are committed to follow stringent rules to reduce the use of harmful chemicals within our operations. o Our facilities are Oeko Tex 100 , GOTS 5.0 and BCI certified. ENVIRONMENT o Development of sustainable product range with sustainable fibres
Slide 35: Shareholders Information
Shareholders Information
Slide 36: Shareholders Information
SHAREHOLDERS INFORMATION (As on 31st December 2021) Stock Information (as on 8th April 2022) Shareholding Pattern (%) Market Capitalization (₹) 962.18 Cr Shares Outstanding 14.41 Cr Free Float 336.76 Cr 34.09% Symbol (BSE) / (NSE) 532641 / NDL Stock Performance Chart (as on 8th April 2022) 64.73% 1.
Slide 37: Contact details
Chiripal House, Shivaranjani Cross Road, Satellite, Ahmedabad – 380 015. Gujarat, India Phone:+91 7926473301 215, Shivshakti Industrial Estate, J.R Boricha Marg, Lower Parel (E) Mumbai - 400011 Bhavya Shah bhavya@s-ancial.com +91 8082748577