Sportking India Ltd. · NSE:SPORTKING
Sportking India — Q4 FY2022 Earnings Presentation
30 slides from Sportking India's earnings presentation, May 14, 2022
Slide 1: Cover letter to BSE: Investor's Presentation
sp~rt~iqg INDIA LTD. (Govt. Recognised Three Star Export House) Regd. & Corporate Office : Vill. Kanech, Near Sahnewal, G.T. Road, Ludhiana-141120 Ph. (0161) 2845456 to 60 Fax: 2845458 Admn. Office : 178, Col. Gurdial Singh Road, Civil Lines, Ludhiana-141001 Ph. (0161) 2770954 to 55 Fax: 2770953 E-m
Slide 2: Investor Presentation - May 2022
Investor Presentation - May 2022
Slide 3: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sportking India Ltd (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Business Overview
Sportking Business Overview
Slide 5: Overview
OVERVIEW Established in 1989 Revenue +65% Rs. 2,154 Crs Export to more than 30 Countries EBITDA +185% Owns 3 State of the art Rs. 596 Crs manufacturing facilities Margin at 28% Diversified Product Range PAT +384% Manufacturing facilities with Rs. 409 Crs Margin at 19% Modern Technology 4
Slide 6: Journey So Far
JOURNEY SO FAR Successful expansion at Bathinda complex adding 68K+ spindles with state-of- the-art plant achieving a total Setting up of a Dye overall spinning capacity House for dyeing/ 275K+ spindles. processing of Established in 1989, textile yarn fibers Sportking India Ltd. installed 6K+ Ludhia
Slide 7: Presence Across the Globe
PRESENCE ACROSS THE GLOBE Geography Wise Revenue Break-up Canada Germany FY22 Belgium USA 43.4% Italy Portugal South Korea Spain China Morocco Tunisia Rs. 2,154 Mexico Egypt 56.6% crores Hong Kong Macao Bangladesh Vietnam Panama Columbia Ethiopia Thailand Malaysia Sri Lanka Domestic International Ke
Slide 8: Manufacturing Facilities & Capacities
MANUFACTURING FACILITIES & CAPACITIES Units Manufacturing Installed Capacities Acrylic/Blended Acrylic Polyester Yarn/ Unit I - Spinning Unit 65,904 Spindles Blended Polyester Cotton yarn Support to Unit No. I & III for their synthetic Unit II - Dye House 15-20 MTPD fibre/ yarn dyeing processing com
Slide 9: Technological Edge
TECHNOLOGICAL EDGE ▪ Technologically advanced machineries to support our manufacturing infrastructure ▪ Robust control practices in place to ensure consistent quality of our products ▪ Use of modern testing instruments such as: ₋ HVI ₋ AFIS ₋ Uster Classimat ₋ Uster Tensest ₋ Uster Hairiness tester
Slide 10: Strategic Advantages
STRATEGIC ADVANTAGES Rail & Roads : Helps in better connectivity Inland Container Depot(ICD): ICD at with other parts of India. Bathinda/Ludhiana for import/export clearances & regular road transport/train service availability between company’s unit/ICD and different seaports. Add Text Here Add Text
Slide 11: Product Range
PRODUCT RANGE 100% Cotton Yarns ▪ 100% cotton combed compact yarns in normal and sublime quality for knitting and weaving ▪ 100% cotton combed compact slub ▪ 100% cotton combed Eli twist Polyester/Cotton Blended Yarns ▪ Polyester/cotton combed yarns ▪ Polyester/ cotton Melange yarns Fancy Yarns ▪ Ja
Slide 12: Sales & Marketing
SALES & MARKETING Focus on excellence Focus on delivering best & premium quality products to most quality conscious brands and customers. Customer Driven Innovation As a result of changing trends in both domestic & international markets accompanied with customer centric approach, our innovation init
Slide 13: Marquee Customers
MARQUEE CUSTOMERS Sportking we M&S ZARA <> EST. 1884 0, ) Olvr GD lad COTTON USA™ ss sar
Slide 14: Board of Directors
BOARD OF DIRECTORS Raj Kumar Avasthi Munish Avasthi Naresh Jain Prashant Kochhar Sandeep kapur Hapreet Kaur Kang Chairman & Managing Director Executive/Whole Non-Executive Non-Executive Non Executive Managing Director Time Director Independent Director Independent Director Independent Director • Raj
Slide 15: Management Team
MANAGEMENT TEAM Praveen Kumar Gupta • Praveen Kumar Gupta is a Chartered Accountant & Company Secretary with experience of over 38 years Chief Financial Officer • He looks after overall works related to Finance, Finalization of company’s Balance sheet, Direct/Indirect taxation, Exports & Imports, ke
Slide 16: Certificates & Compliances
CERTIFICATES & COMPLIANCES Global Organic textile Organic Content Standard Standard Oeko-Tex Fairtrade ISO 9001 2015 Global Recycle Standard 15
Slide 17: Way Forward
Sportking ll -_ Way Forward
Slide 18: Business Strengths
BUSINESS STRENGTHS Product Range 04 Competitive Prices Well diversified range of products Sportking enjoys price leadership suitable for use in manufacture of status in all of the market segments woven and knitted fabrics for due to its ability to supply high quality summer and winter wear products
Slide 19: Capacity Buildup Over the Years
CAPACITY BUILTUP OVER THE YEARS 2,74,704 Continuous capacity addition to support 68,256 robust growth in our business 34,464 -6,520 24,480 Closure of a unit(Small 52,800 capacity) 28,800 12,096 23,232 12,720 17,856 6,520 1994 1996 1998 2006 2007 2011 2012 2013 2014 2014 2019 Total Existing Capacity
Slide 20: Financial Performance
Sportking Financial Performance
Slide 21: Delivered Strong Growth with Sustained Margins (Q4)
DELIVERED STRONG GROWTH WITH SUSTAINED MARGINS Growth in Export Businesses Revenue +44% Rs. 593 crores 338 167 +102% Operating EBITDA +52% Q4FY21 Q4FY22 Rs. 154 crores Margin at 26% Q4FY22 Revenue Contribution 58% Operating PBT +126% Contribution from Rs. 134 crores Export Business Margin at 23% Exp
Slide 22: Q4FY22 Performance (YoY/QoQ)
Q4FY22 PERFORMANCE (YOY/QOQ) Revenue from Operations (Rs. in Crs) EBIDTA (Rs. in Crs) PBT (Rs. in Crs) 44% 1% 52% -6% -10% 63% 593 587 593 154 163 154 155 140 140 413 101 85 Q4FY21 Q4FY22 Q3FY22 Q4FY22 Q4FY21 Q4FY22 Q3FY22 Q4FY22 Q4FY21 Q4FY22 Q3FY22 Q4FY22 PAT (Rs. in Crs) EBITDA % PAT % +134.5% -1
Slide 23: Q4 & FY22 Profit & Loss
Q4 & FY22 PROFIT & LOSS Profit & Loss statement (Rs. in Crs) Q4FY22 Q4FY21 Y-o-Y Q3FY22 Q-o-Q FY22 FY21 Y-o-Y Revenue from Operation 593 413 44% 587 1% 2154 1306 65% Raw Material Cost 337 226 312 1181 785 Purchase of Finished goods 0 0.1 0 0.2 0.4 (Increase) / Decrease In Stocks -4 1 13 -14 10 Power
Slide 24: Delivered Strong Growth with Sustained Margins (FY22)
DELIVERED STRONG GROWTH WITH SUSTAINED MARGINS Growth in Export Businesses Revenue +65% Rs. 2,154 crores 1,220 611 +100% Operating EBITDA * +185% FY21 FY22 Rs. 596 crores Margin at 28% FY22 Revenue Contribution 57% Operating PBT # +426% Contribution from Rs. 523 crores Export Business Margin at 24%
Slide 25: Annual Financial Charts
ANNUAL FINANCIAL CHARTS Revenue from Operations (Rs. in Crs) EBITDA (Rs. in Crs) PBT (Rs. in Crs) +19.5% 2,154 596 547 +55.7% +108.7% 1,355 1,306 1,055 1,160 211 129 136 140 101 29 38 18 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 PAT (Rs. in Crs) EBITDA % PAT % 409 27
Slide 26: Key Financial Ratios
KEY FINANCIAL RATIOS ROCE # ROE * 76.4% 72.8% +5,080 bps +6,430 bps 31.7% 27.8% 14.8% 19.5% 16.0% 10.0% 10.9% 5.0% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Interest Coverage ratio Long term Debt/Equity Ratio 20.8 0.99 0.80 0.61 0.54 5.8 3.5 3.3 2.4 0.18 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY
Slide 27: Profit & Loss Statement
PROFIT & LOSS STATEMENT Profit & Loss statement (Rs. in Crs) Mar'22 Mar'21 Mar'20 Mar'19 Mar'18 Revenue from Operation 2154 1306 1355 1161 1055 Raw Material Cost 1181 785 901 756 682 Purchase of Finished goods 0 0 1 1 1 (Increase) / Decrease In Stocks -14 10 7 -2 13 Power Cost 120 112 113 96 95 Gros
Slide 28: Balance Sheet Statement
BALANCE SHEET STATEMENT Equity & Liabilities (₹ in Cr) Mar’22 Mar’21 Assets (₹ in Cr) Mar’22 Mar’21 Equity Share Capital 13 4 Property, plant and equipment 381 417 Other Equity 754 353 Capital Work-in-Progress 73 - Total Equity 767 357 Right of Use Asset 1 0 Financial liabilities Other Intangible As
Slide 29: Cash Flows Statement
CASH FLOWS STATEMENT Cash Flow Statement (Rs. Crs.) Mar-22 Mar-21 Mar-20 Cash Flow from Operating Activities Profit before Tax 547.4 118.0 18.3 Adjustment for Non-Operating Items 68.5 101.3 124.8 Operating Profit before Working Capital Changes 616.0 219.3 143.1 Changes in Working Capital -382.9 -101
Slide 30: Thank You
THANK YOU Sportking India Limited CIN: L17122PB1989PLC053162 Mr. Lovlesh Verma 01612845456 cs@sportking.co.in www.sportking.co.in Mr. Rajesh Agrawal +91 9967491495 Rajesh.Agrawal@linkintime.co.in Mr. Bhavin Soni +91 9833537225 Bhavin.Soni@linkintime.co.in