Redco Textiles Limited · PSX:REDCO

Redco Textiles — Corporate Update (2022)

18 slides from Redco Textiles's corporate update, 2022

  1. Slide 1: Redco Textiles Limited Corporate Briefing Session 2022

    REDCO TEXTILES LIMITED CORPORATE BRIEFING SESSION 2022

  2. Slide 2: Contents

    CONTENTS • INTRODUCTION • HISTORICAL FINANCIAL HIGHLIGHTS • FINANCIAL RESULTS

  3. Slide 3: Introduction

    INTRODUCTION • Redco Textiles Limited is a Public Limited Company, incorporated in Pakistan on 17 October 1991. It was incorporated under the repealed Companies Ordinance, 1984 now the Companies Act, 2017 and is listed on Pakistan Stock Exchanges. Redco's principal activities include manufacture and

  4. Slide 4: Historical Financial Highlights: Sales

    HISTORICAL FINANCIAL HIGHLIGHTS Sales Rs in thousands 2,250,000 2,000,000 1,750,000 1,500,000 1,250,000 1,000,000 728,594 750,000 495,470 500,000 441,264 251,367 355,476 250,000 - 2018 2019 2020 2021 2022

  5. Slide 5: Historical Financial Highlights: Gross Profit / (Loss)

    HISTORICAL FINANCIAL HIGHLIGHTS Gross Profit / (Loss) Rs in thousands 100,000 65,846 75,000 51,439 36,803 45,344 50,000 - (50,000) (100,000) (150,000) (192,856) (200,000) (250,000) 2018 2019 2020 2021 2022

  6. Slide 6: Historical Financial Highlights: Net Profit / (Loss) After Taxation

    HISTORICAL FINANCIAL HIGHLIGHTS Net Profit / (Loss) After Taxation Rs in thousands 450,000 300,000 150,000 20,952 55,441 942 17,485 - (250,000) (500,000) (520,427) (750,000) (1,000,000) 2018 2019 2020 2021 2022

  7. Slide 7: Historical Financial Highlights: Total Assets

    HISTORICAL FINANCIAL HIGHLIGHTS Total Assets Rs in thousands 2,400,000 2,161,571 2,200,000 2,000,000 1,749,685 1,750,000 1,268,372 1,500,000 1,018,237 1,064,884 1,250,000 1,000,000 750,000 500,000 250,000 - 2018 2019 2020 2021 2022

  8. Slide 8: Historical Financial Highlights: CAPEX

    HISTORICAL FINANCIAL HIGHLIGHTS CAPEX Rs in thousands 424,109 450,000 353,738 375,000 300,000 218,485 225,000 200,000 175,000 150,000 125,000 100,000 75,000 23,985 50,000 98 25,000 - 2018 2019 2020 2021 2022

  9. Slide 9: Historical Financial Highlights: Shareholders' Equity

    HISTORICAL FINANCIAL HIGHLIGHTS Shareholders' Equity Rs in thousands 800,000 600,000 400,000 226,625 215,445 72,937 200,000 - (24,008) (22,730) (100,000) (200,000) 2018 2019 2020 2021 2022

  10. Slide 10: Financial Results 2021 vs 2020 Income Statement

    FINANCIAL RESULTS 2021 VS 2020 INCOME STATEMENT • Sales Rs. 728.594 million (2021: 495.470 million) • Gross Profit Rs. 65.847 million (9.04% of Sales) [2021: Gross profit Rs. 36.803 million (7.43% of sales)] • Profit after taxation Rs. 17.489 million (2.40% of Sales) [2021: Profit after taxation 55.

  11. Slide 11: Statement of value addition and its distribution

    Statement of value addition and its distribution 2022 2021 Rs. In thousand % age Rs. In thousand % age Value addition Sales 728,594 99.89 495,470 92.89 Other income 800 0.11 37,943 7.11 Total 729,394 100.00 533,413 100.00 Value distribution Cost of sales 662,747 93.09 458,667 95.96 Distribution expe

  12. Slide 12: Statement of value addition and its distribution

    Statement of value addition and its distribution

  13. Slide 13: Statement of value addition and its distribution

    Statement of value addition and its distribution 0% 2021 Cost of sales -1% 0% 5% Distribution expense Administrative and other expenses Finance cost Income Tax 96%

  14. Slide 14: Balance Sheet Assets

    Balance Sheet Assets 2022 2021 Rs. In thousand % age Rs. In thousand % age Property, plant and equipment 1,715,529 79.36% 1,407,865 80.46% Long term investment 39 0.00% 48 0.00% Long term deposits 10,019 0.46% 10,019 0.57% Stores, spare parts and loose tools 49,448 2.29% 46,280 2.65% Stock in trade

  15. Slide 15: Balance Sheet Equity & Liabilities

    Balance Sheet Equity & Liabilities 2022 2021 Rs. In thousand % age Rs. In thousand % age Shareholders Equity 226,625 10.48% 215,445 12.31% Long term financing from banking companies - 0.00% 6,915 0.40% Deferred liabilities 18,507 0.86% 11,269 0.64% Long term payables 16,267 0.75% 1,734 0.10% Trade a

  16. Slide 16: Key Performance Ratios

    KEY PERFORMANCE RATIOS 2022 2021 Balance Sheet Ratios Return on equity 7.72% 25.7% Current Ratio 0.23 0.219 Quick Ratio 0.19 0.187 Earnings per share 0.355 1.125 Price Earnings (P/E) Ratio 7.75/0.355 7.0/1.125

  17. Slide 17: Q & A Session

    Q & A SESSION

  18. Slide 18: Thank You

Redco Textiles — Corporate Update (2022) on 6ix