Pearl Global Industries Limited · NSE:PGIL
Pearl Global Industries — Q1 FY17 Earnings Presentation
18 slides from Pearl Global Industries's earnings presentation, August 2016
Slide 1: Pearl Global Industries Limited Q1 FY17 Results Update
PEARL GLOBAL INDUSTRIES LIMITED Q1 FY17 RESULTS UPDATE August 2016 Private & Confidential
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation and the following discussion may contain “forward looking statements” by Pearl Global Industries Limited (“Pearl Global” or “PGIL”) that are not historical in nature. These forward looking statements, which may include statements relating to future results of
Slide 3: Discussion Summary
DISCUSSION SUMMARY Q1 FY17 Results Analysis Consolidated Financials Company Overview Business Outlook Future Growth Opportunity – E-Retail Initiative “SBUYS” Shareholding Structure 3
Slide 4: Q1 FY17 Result Highlights
Q1 FY17 RESULT HIGHLIGHTS In Rs Mn Q1 FY17 YoY ANALYSIS REVENUES EBITDA & EBITDA MARGIN % PAT & PAT MARGIN % 7.1% 5.3% 4.3% 3.5% 3,751.1 2,820.8 199.9 198.5 162.7 171.4 5% 129.9 121.8 33 % 1% 7% Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 EBIDTA EBIDTA % PAT Cash PAT PAT % 4
Slide 5: Q1 FY17 Result Analysis
Q1 FY17 RESULT ANALYSIS FINANCIAL UPDATE: • Q1 FY17 revenues increased by 33.0% YoY driven by strong growth in demand. • Overall capacity utilisation improved from 70% in Q1 FY16 to 75% in Q1 FY17. • All three manufacturing facilities – India, Bangladesh and Indonesia, witnessed strong activity. • I
Slide 6: Consolidated Profit & Loss Statement
CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (In Rs Mn) Q1 FY17 Q1 FY16 YoY % FY16 Total Income from Operations 3,751.1 2,820.8 33.0% 13,934.2 Cost of Goods Sold 2,028.8 1,487.7 36.4% 7,931.2 Cost of Material Consumed 1,569.4 1,489.1 5.4% 6,031.0 Purchase of stock-in-trade 432.5 118.3 265.7% 1,8
Slide 7: Consolidated Balance Sheet Statement
CONSOLIDATED BALANCE SHEET STATEMENT Particulars (Rs (Rs Mn) Mn) FY15 FY16 Particulars (Rs (Rs Mn) Mn) FY15 FY16 Share Holders’ Funds: Non-current assets: Equity share capital 216.6 216.6 Fixed Assets 2,076.2 2,150.2 Reserves and Surplus 2,957.6 3,242.2 Goodwill on Consolidation 83.2 56.1 Total of S
Slide 8: Company Overview
COMPANY OVERVIEW • The erstwhile business of Pearl Global consisted of manufacturing, trading, marketing & distribution and exports of readymade garments. Business • The Company decided to segregate its global marketing, sourcing & distribution business from its Overview garment manufacturing busine
Slide 9: Global Solution Partner to the World's Apparel Industry
GLOBAL SOLUTION PARTNER TO THE WORLD’S APPAREL INDUSTRY DELHI Presence in UK / USA, through which UNITED KINGDOM we provide better market intelligence and higher service levels at retailer’s door step. DHAKA NEW YORK HONKONG Excellent infrastructure for sampling and product design. Exclusive facilit
Slide 10: Multi-Country Manufacturing Presence
MULTI-COUNTRY MANUFACTURING PRESENCE Global Manufacturing Facilities & Capabilities INDIA BANGLADESH INDONESIA • Core centre for cotton fabrics. • Core centre for knitwears. • Core for cotton & synthetic fabrics. • Specialization in handmade wovens • Large and highly skilled apparel • Highly skilled
Slide 11: Vertically Integrated Manufacturing
VERTICALLY INTEGRATED MANUFACTURING VERTICALLY INTEGRATED MANUFACTURING CAPACITY Total Capacity EFFECTIVE SUPPLY CHAIN MANAGEMENT Location Products Factories Machines Mn Pieces / Month • Strategic tie-ups with dyeing mills in Bangladesh. North India Woven Soft Sep 2 1,800 0.65 • Strategic tie-ups wi
Slide 12: Multi-Product Offerings
MULTI-PRODUCT OFFERINGS MULTI-LOCATION PRESENCE PROVIDES AN COMPETITIVE EDGE TO MEET THE COMPLEX & DIVERSE PRODUCT DESIGN REQUIREMENTS OF THE LEADING GLOBAL RETAILERS Pearl Global’s Diverse Presence and Product Specialisations Region Product Offering Specialization Garment India - Rajasthan (Access
Slide 13: Approved Vendor to Global Brands: Target Australia
APPROVED VENDOR TO GLOBAL BRANDS Target Australia 13
Slide 14: Business Outlook
BUSINESS OUTLOOK • Multi-product offerings, multi-location diversified & vertically integrated Preferred Vendor to Global manufacturing base, strong design capabilities and strong quality compliance Brands & Retailers systems. • High operational flexibility & scalability as the manufacturing operati
Slide 15: Future Growth Opportunity – E-Retail Initiative SBUYS
FUTURE GROWTH OPPORTUNITY – E-RETAIL INITIATIVE “SBUYS” Pearl Global has forward integrated into online fashion apparel retailing under the brand “SBUYS” 15
Slide 16: SBUYS – E-Retail Strategy
SBUYS – E-RETAIL STRATEGY • Forward integration into online fashion apparel retailing under the brand Business Growth “SBUYS”. Opportunity • Online retailing is a high-growth space and offers strong potential to build a business model with healthy margin profile. • Leverage its strong knowledge & un
Slide 17: Shareholding Structure
SHAREHOLDING STRUCTURE Shareholding % Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 Market Data As on 12.08.16 (BSE) Promoters 66.58% 66.58% 66.58% 66.58% 66.58% Market capitalization (Rs Mn) 4,631.7 FII 6.51% 6.51% 6.58% 5.50% 5.53% Price (Rs.) 213.8 DII 6.24% 6.29% 6.29% 6.42% 6.42% No. of shares outstanding
Slide 18: Thank You
FOR ANY FURTHER QUERIES PLEASE CONTACT - THANK YOU Mr. Rajkumar Chawla Mr. Nilesh Dalvi / Mr. Kapil Jagasia Chief Finance Officer IR Consultant Pearl Global Industries Email – nilesh.dalvi@dickensonir.com Email – rajkumar.chawla@pearlglobal.com kapil.jagasia@dickensonir.com Contact No – +91 84475942
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