Azgard Nine Limited · PSX:ANL
Azgard Nine — Investor Presentation (2023)
17 slides from Azgard Nine's investor presentation, 2023
Slide 1: Welcome
Welcome Azgard Nine Limited Corporate Briefing Session
Slide 2: Azgard Nine Limited
2023 Azgard Nine Limited Corporate Briefing Session For the Financial Year Ended June 30, 2023
Slide 3: Briefing Agenda
2023 Briefing Agenda 01 Profile of Company 02 Strategic / Operational Information 03 Financial Information 04 Question & Answer Session
Slide 4: Company’s Profile
Company’s Profile The Company was incorporated in Pakistan on January 20, 1993 as a public limited company under the name ‘Indigo Denim Mills Limited’ and obtained Certificate for Commencement of Business on January 27, 1994. The name was changed to ‘Legler-Nafees Denim Mills Limited’ on 28-02-1994
Slide 5: Company’s Profile
Company’s Profile Company Registration Number CUIN 0029409 (L05903 OF 1992-93 dated 20-01-1993) National Tax Number 1319140-3 Auditors Grant Thornton Anjum Rahman, Chartered Accountants Legal Advisor Hamid Law Associates
Slide 6: Company’s Profile
Company’s Profile Board of Directors: Mr. Zahid Mahmood - Chairman & Independent Director Ms. Maliha Sarda Azam - Independent Director Mr. Usman Rasheed - Non-Executive Director Mr. Muhammad Wasim Butt - Independent Director Mr. Nasir Ali Khan Bhatti - Independent Director Mr. Abdul Hamid Ahmed Dagi
Slide 7: Strategic / Operational Information
Strategic / Operational Information Total Rotors/Looms/Stitching Spinning Capacity – Bags per Machines Day 4,500 3,984 1,000 3,780 3,780 900 4,000 900 854 854 3,500 3,000 2576 2500 2533 800 2,500 681 700 2,000 1,500 600 515 506 1,000 242 242 242 500 500 0 400 2021 2022 2023 2021 2022 2023 Rotors Loo
Slide 8: Strategic / Operational Information
Strategic / Operational Information Proceeds from the sale of Muzaffargarh unit under the Creditors’ Scheme of Arrangement are being received. Agent banks have extended the timeline for completion of transaction till December 31, 2023. The BOD has approved the settlement plan for outstanding/ overdu
Slide 9: Strategic / Operational Information: SWOT Matrix
Strategic / Operational Information Strengths S W Weaknesses • Good customers retention • Innovative capabilities (Denim of the • High production cost and low margins future). • Need to have modern machinery and • In-house power generation facility infrastructure • Internationally recognized • Inabi
Slide 10: Financial Information
Financial Information
Slide 11: Six Years at a glance – Rs. Million
Six Years at a glance – Rs. Million Sales Vs. Net profit 40,000 35,000 33,769 31,571 30,000 25,000 22,070 20,215 20,000 16,909 15,982 15,000 10,000 5,000 (389) 693 1,470 197 305 497 - 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 (Restated) (5,000) Sales - net Profit / (loss) after tax
Slide 12: Ratio Analysis
Ratio Analysis Operating profit as % of sales Raw Material as % of Sales 12.00% 70.00% 67.86% 10.21% 68.00% 10.00% 9.21% 8.90% 66.00% 8.00% 64.00% 7.25% 6.36% 62.00% 61.47% 6.08% 6.00% 60.00% 58.77% 58.04% 57.88% 4.00% 58.00% 57.61% 56.00% 2.00% 54.00% 0.00% 52.00% 2017-18 2018-19 2019-20 2020-21 20
Slide 13: Sales Versus Assets
Sales Versus Assets Rs. Million Net Sales Vs. Property, Plant & Equipment 40,000 35,000 33,769 31,571 30,000 25,000 22,070 20,215 20,000 16,909 15,982 15,000 13,215 13,358 13,433 11,497 10,624 10,165 10,000 5,000 - 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 (Restated) Sales - net Property Plant
Slide 14: Financial Position – Rs. Million
Financial Position – Rs. Million Equity Vs.Current Liab. Vs. Non- Equity Vs. Total Debt (Interest current Liability Bearing) 25,000 14,000 13,325 21,272 21,471 11,891 12,000 11,158 20,000 18,707 10,600 9,989 10,000 9,312 15,000 13,325 8,000 11,891 11,158 5,792 5,875 10,000 6,000 8,422 4,823 7,807 7,
Slide 15: Ratio Analysis
Ratio Analysis Book Value versus Market value Current ratio (times)* 3.00 per share 40 2.62 2.56 2.50 35 33.89 2.09 30 27.12 2.00 25 24.2 20 1.50 15.87 16.27 15 12.94 10.28 1.00 9.62 10 0.69 0.71 6.00 0.57 5 0.50 2.34 2.42 0.94 0 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 (Restated) (Restated)
Slide 16: Future Outlook – Business
Future Outlook – Business • Difficult to accurately forecast due to uncertainty and ongoing conflicts in the world. • Slowdown in demand persists. However, the first quarter of 2023-24 has witnessed a sales growth of more than 9% compared to the first quarter of 2022-23. • Gradual normalization of m
Slide 17: Thank You
Corporate Briefing Session 2023 Thank You Question & Answer Session