Libas Consumer Products Ltd. · NSE:LIBAS
Libas Consumer Products — Investor Presentation (October 2020)
35 slides from Libas Consumer Products's investor presentation, Oct 6, 2020
Slide 1: NSE filing cover letter for investor presentation
National Stock Exchange of India Ltd. October 6, 2020 Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051 Symbol: LIBAS Series: EQ Subject: Investor Presentation Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Slide 2: Investor Presentation – October 2020
* * To be renamed as LIBAS CONSUMER PRODUCTS LTD. INVESTOR PRESENTATION – OCTOBER 2020
Slide 3: Company Overview
Company Overview
Slide 4: Libas at a Glance
Libas at a Glance • Libas is a fashion house that designs, markets and retails ethnic wear Product Basket: • Specializing in Ethnic Wear for Men & Women • Corporate Uniforms for esteemed corporates like Atlantis - The Palm Dubai, Marriott, Novotel, BMW, Skoda Auto and the Indian Premier League etc.
Slide 5: About Libas
About Libas • Libas initially started as a sole proprietorship store in Mumbai in 1995 by Financial Highlights Mr. Riyaz Gangji and his wife Mrs. Reshma Gangji specializing in customized contemporary and ethnic men’s & women's wear 632 652 14.87% • Libas provides end-to-end couture for the contempor
Slide 6: Board of Directors
Board of Directors Mr. Anand Taggarsi Independent Director Mr. Nishant Mahimtura Chairman • He comes with 30+ years of experience in the Banking • He has completed Bachelor of Science from Mumbai Industry University and Diploma in Marketing and Advertising • He is a Graduate from Mumbai University a
Slide 7: Libas – The Brand
Libas – The Brand • The company’s mother brand ‘Libas’ is considered as one of the most reputed ethnic wear brands in India • The other brands of the company include Libas Riyaz Gangji, Libas Reshma Gangji, Gangji Jewels and New Look • The company’s brand image has been built by winning various acco
Slide 8: Key Strengths
Key Strengths An Ethnic destination for both Men and Women Serving a variety in contemporary ethnic wear for both the genders Diversifying Business Model Leaders in Ethnic Wear designs since 25 years Diversifying into a huge untapped FMCG market of Casting our work on various fashion platforms, Rock
Slide 9: Designing
Designing • At Libas, designer’s garments are an amalgamation of old crafts, traditional weaves and modern designs • The Libas design team includes highly talented and experienced designers that put together the designs, which are finally approved by senior merchandisers before they are displayed in
Slide 10: Marketing
Marketing • Libas is the preferred label amongst stars in the Indian Film Industry • Over the years the company has used traditional marketing mediums by participating in fashion shows, social programs, bollywood events etc. to create brand awareness • The success of the brand has been primarily org
Slide 11: Retail Presence
Retail Presence Retail Stores - 4 own stores in 3 cities in India and one franchise store in Dubai with a total retail space of 10,400 sq. ft. Mumbai Delhi Lucknow Dubai Distributors – Currently Present in 17 stores across 13 cities: Mumbai, Thane, Pune, Hyderabad, Udaipur, Lucknow, Patiala, Mohali,
Slide 12: Outlets
Outlets Pedder Road, Mumbai Delhi & Lucknow Juhu, Mumbai Dubai Libas Designs Ltd. 11
Slide 13: Fashion Shows
Fashion Shows Jaipur Fashion Week IR Fashion Week Kingfisher Event Lakme Fashion Week New York Work Trade Center Fall Winter 19-20 Bangalore Fashion Week India Fashion Week Libas Designs Ltd. 12
Slide 14: Media Presence, Awards & Recognitions
Media Presence, Awards & Recognitions ET Business Icons West 2020 Libas Designs Ltd. 13
Slide 15: Business Overview
Business Overview
Slide 16: The Couture Process
The Couture Process • The company’s three manufacturing centres are across Mumbai, Delhi and Dubai • Libas also has a sampling unit of 4,000 sq. ft. in Mumbai with 50+ machines • It manufactures the customised garments within 24-48 hours for customers, while some heavily embroidered garments take 2
Slide 17: Libas Riyaz Gangji – Men's Wear
Libas Riyaz Gangji – Men’s Wear • From ethnic wear to western wear as well as daily casual wear, Libas custom designs and tailor-made designer wear for its clients • Indian Ethnic Fashion is all about marrying traditional designs with modern tastes • The market is constantly growing especially in li
Slide 18: Libas Reshma Gangji – Women's Wear
Libas Reshma Gangji – Women’s Wear • Libas offers a mix of both ethnic wear, indo- western wear and daily wear • Women’s ethnic wear is the most preferred outfit for women aged between 16 to 50 years • Customers have certain preferences when they enter into stores, so the custom couture plays a cruc
Slide 19: Gangji Jewels – Accessories
Gangji Jewels – Accessories • Ethnic wear is incomplete without perfect accessories and men and women both need a complete look for their occasional wear when they try their ethnic wear • To be a one-stop shop, the company offers various accessories for the brides and grooms • From jewellery for wom
Slide 20: "New Look"
“New Look” Under the “New Look” brand, the company supplies tailor-fitted designer outfits for the hospitality staff of various esteemed corporates Atlantis – The Palm Dubai Libas Designs Ltd. 19
Slide 21: JV with Flex Wheeler
JV with Flex Wheeler About Kenneth Wheeler • Kenneth Wheeler is a legendary four times winner of the Arnold Classic Champion – an International Bodybuilding Competition who hails from Fresno, California • He is known as “one of the greatest bodybuilders of all time”, “The Sultan of Symmetry”, Ironma
Slide 22: Rock Salt – The Emerging Business Line
Rock Salt – The Emerging Business Line Orange • What is Rock Salt? • It is a type of salt that is obtained in the form of rocks. White Unlike sea salt, it is mined from salt mountains in the form Blue of large rocks which are then crushed into different sizes according to the respective needs • It i
Slide 23: Gangji Rock Salt
Gangji Rock Salt • Libas is entering the FMCG market by venturing into importing, manufacturing and packaging of Rock Salt and therefore the company has proposed the name change of the company to Libas Consumer Products Ltd. • For this purpose, the company is acquiring a promoter group entity, “Gold
Slide 24: The Rock Salt Manufacturing Process
The Rock Salt Manufacturing Process Rock Salt Crushing Unit Crushed Salt Packaging Unit The Packaged Rock Salt Libas Designs Ltd. 23
Slide 25: The Future Strategy
The Future Strategy India’s clothing and fashion has grown over the past decade but there is a temporary general setback phase in the industry due to COVID The company is planning to transform itself into a consumer products company and has received in- principle approval to change its name to “LIBA
Slide 26: Industry Overview
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Slide 27: Industry Overview – Indian Textiles & Apparel
Industry Overview – Indian Textiles & Apparel • India is the 5th largest exporter of textile and apparel globally Textile and apparel Industry in India • Growth in demand is expected to continue at a CAGR of 12% to reach USD 220 Bn by 2025. (USD billion) • India’s textile and apparel export stood at
Slide 28: Industry Overview – Ethnic Wear
Industry Overview – Ethnic Wear • The market size of the ethnic wear segment across India was approximately INR 925 Bn in 2018 and is estimated to Spending on Bridal Dress (in INR) reach a whopping INR 1.7 Tn by 2023 > 1 Lakh • Ethnic wear accounts for 70.7% of the total women’s wear market of USD 2
Slide 29: Industry Overview – Rock Salt
Industry Overview – Rock Salt • The Global Salt Industry is expected to grow to USD 6 Bn by 2027, growing at a CAGR of 2.4% over the analysis period 2020-2027 • A CAGR growth of 2% is projected in the rock salt segment with the market size reaching to USD 4.9 Bn by the end of the analysis period alt
Slide 30: Financial Overview
Financial Overview
Slide 31: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (In Mn) FY18 FY19 FY20 Q1FY21 Operational Income 441 632 652 29 Total Expenses 385 538 596 40 EBITDA 56 94 56 (11) EBITDA Margin (%) 12.70% 14.87% 8.59%* NA Other Income 7 2 14 3 Depreciation 3 6 5 1 Interest 19 19 21 6 Exceptional Item - - - (42)
Slide 32: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY19 FY20 Particulars (INR Mn) FY19 FY20 EQUITY AND LIABILITIES ASSETS Shareholders’ Funds Non Current Assets Share Capital 113 122 Fixed Assets Reserves & Surplus 173 265 Tangible Assets 22 19 Total Equity 286 388 Intangible Assets - - Non
Slide 33: Financial Performance
Financial Performance Revenue From Operations (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 94 57 632 652 43 441 56 56 29 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 Net Worth (INR Mn) Channel Wise Revenue Mix – FY20 Geographic Distribution of Revenue – FY20 Retail 388 Stores 286 228 Export/ 43.4% Wholesal
Slide 34: Capital Market Data
Capital Market Data 20% 0% -20% -40% -60% Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 LIBAS NIFTY Price Data (as on 30th September, 2020) Shareholding Pattern as on 30th June, 2020 Face Value (INR) 10.00 Market Price (INR) 33.80 Public 52 Week High/ Low (INR)
Slide 35: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
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