JK Spinning Mills Ltd. · PSX:JKSM
JK Spinning Mills — Investor Presentation (November 2022)
25 slides from JK Spinning Mills's investor presentation, November 2022
Slide 1: J.K Spinning Mills Limited Corporate Briefing Session 2022
J.K spinning Mills Limited Corporate Briefing Session 2022
Slide 2: Contents
Contents Company Brief . Historical Performance & Trends Financial Results Future Outlook 2022 & 2021
Slide 3: Company Brief
01 Company Brief
Slide 4: Introduction
Introduction J.K Spinning Mills Limited (JKSML) was incorporated in Pakistan on 07 January 1987 as a public limited company. The shares of the company are listed on Pakistan Stock Exchange. JKSML is principally engaged in manufacturing and sales of yarn, fabrics, and home Textile Products. YARN WOVE
Slide 5: Group Structure
GROUP STRUCTURE Spinning Unit Weaving Unit 147,240 Spindles 110 Looms 46 Million Kgs (20S) annual 21 Million (Sq. Mtr.) annual production production Capacity Capacity.
Slide 6: Group Structure
GROUP STRUCTURE Stitching Unit Processing Unit Power House 450 Machines 40 Million linear meter annual 23 MW 46 Million Meters annual production Capacity. 18 MW Grid production Capacity.
Slide 7: Vision & Mission
VISION & MISSION VISION MISSION ➢ To turn around performance of company To Enter into Global Economy into sustainable growth for the benefit of its accepting the challenge of barrier stake holders. free trade as a dynamic force. ➢ To stand the test of expectations of our valued customers redefining
Slide 8: Core Values
CORE VALUES SOCIAL RESPONSIBILITY Sah INNOVATION CREATIVITY GROWTH QUALITY TEAMWORK TRUST CLIENTS STRATEGY
Slide 9: Historical Performance & Trends
02 Historical Performance & Trends
Slide 10: Profit after taxation
Profit after taxation Rupees in million 4,000 3,662 3,500 3,000 2,500 2,000 1,812 1,500 1,142 1,000 716 83 338 500 - 2017 2018 2019 2020 2021 2022 Year
Slide 11: Total Assets, Working Capital and Leverage Ratio
Total Assets 25,000 Rupees in million 19,218 20,000 15,000 13,887 11,252 9,495 10,000 7,594 6,085 5,000 0 2017 2018 2019 2020 2021 2022 YEAR Working capital Leaverage ratio 6000 5,396 1.20 5000 1.02 1.00 0.95 0.93 Rupees in million 0.82 4000 0.80 0.71 3,038 Times 0.58 3000 0.60 2,215 2000 1,145 1,44
Slide 12: Financial Results 2022 vs 2021
03 Financial Results 2022 vs 2021
Slide 13: Horizontal Analysis of Profit or Loss
Horizontal Analysis of Profit or Loss +57% Sales Rs.27,333 million (2021: 17,403 million) +84% Gross Profit Rs.6,161 million (22.54% of sales) [2021: 3,332 million (19.15 % of sales)] Profit before Tax Rs.4,088 million (14.96% +90% of sales) [2021: 2,142 million (12.31% of sales)] +28% Taxation Rs.4
Slide 14: Analysis of Statement of changes in Equity
Analysis of Statement of changes in Equity +102% Profit after Tax Rs.3,661 million (2021: 1,812 Million) +109% Dividend Paid Rs.153 million ( 2021: 73 million) +102% Earning per share 35.79 (2021: Rs.17.71) +65% Un- Appropriated profit Rs.8,902 million (2021: 5,393 million)
Slide 15: Vertical Analysis of Profit Or Loss Account
Vertical Analysis of Profit Or Loss Account 2022 2021 Rs. in million %age Rs. in million %age Revenue: Sales 27,333 99.03 17,403 99.72 Other income 266 0.97 49 0.28 Total 27,599 100.00 17,452 Expenses: 100.00 Cost of sales 21,172 76.71 14,071 80.62 Distribution expense 1,036 3.76 433 2.48 Administra
Slide 16: Balance sheet Assets
Balance sheet Assets 19,218 million 2022 2021 13,887 million 7,201 million Property, plant and equipment 5,478 million 23 million Long term deposits and 23 million Investments 7,116 million Stores and stocks 5,952 million 3,050 million Trade debts 1,698 million 529 million Sales tax refundable 368 m
Slide 17: Balance sheet Equity and liabilities
Balance sheet Equity and liabilities 19,218 million 2022 2021 13,887 million Shareholders Equity 10,873 million 7,164 million 1,510 million Total Long term loans 1,132 million 1,935 million Trade liabilities 871 million 3,920 million Short term borrowings 3,817 million 980 million Other liabilities
Slide 18: Statement of Profit or loss
Statement of Profit or loss 2022 2021 Rs. in million Rs. in million Sales 27,333 17,403 Cost of sales 21,172 14,071 Gross profit 6,161 3,332 Distribution cost 1036 433 Administrative and other expenses 930 539 Other income 266 49 Finance cost 372 267 Profit before taxation 4,088 2,142 Taxation 426 3
Slide 19: Balance sheet - Assets
Balance sheet -Assets 2022 2021 Rs. in million Rs. in Million Rs. in million Property, plant and equipment 7,201 5,478 Long and short term investments 23 23 Stores and stocks 7,116 5,952 Trade debts 3,050 1,698 Cash and banks 137 105 Other assets 1,691 631 Total 19,218 13,887
Slide 20: Balance Sheet – Equity & Liabilities
Balance Sheet – Equity & Liabilities 2022 2021 Rs. in million Rs. in million Equity 10,873 7,164 Long term financing 1,510 1,132 1,132 Deferred liabilities 237 234 Trade liabilities 1,935 871 Short term borrowing 3,920 3,817 Current portion of non current liabilities 564 591 Other liabilities 178 78
Slide 21: Future Outlook
04 Future Outlook
Slide 22: Future Outlook
Future Outlook In Pakistan, environmental degradation and climate After recovery from COVID- change are adversely 19, the global economic gains affecting the economy, were threatened by the livelihood of the poor, and Russian-Ukraine conflict in sustainable development. start of 2022. The Russian- R
Slide 23: Future Outlook
Future Outlook It is imminent that rising working capital requirement interest rates are adding of textile exporters has to pressure on countries, increased and textile export companies and households oriented industry is facing with big piles of debt. liquidity crunch. Civil work Further, market tu
Slide 24: Q&A Session
Q&&AASession Q
Slide 25: Thank You!
THANK YOU! ] 7
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