Kewal Kiran Clothing Limited · NSE:KKCL
Kewal Kiran Clothing — Q1 FY2018 Earnings Presentation
16 slides from Kewal Kiran Clothing's earnings presentation, 2017
Slide 1: Financial Results Review - Q1 FY2018
KEWAL KIRAN CLOTHING LTD Financial Results Review - Q1 FY2018 Quarter ended 30.06.2017
Slide 2: Index
INDEX Contents Page No Executive summary-Financial Performance 3 Operational Performance - Snapshot 4-5 Financial Highlights 6 Trend in Revenue & Operating Profit 7 Trend in Net Profit and Cash Position 8 Balance Sheet 9 Ratios and Cash Flow Analysis 10 Brand 11 Product 12 Channels 13 Regional Distr
Slide 3: Executive Summary – Financial Performance
Executive Summary – Financial Performance • As per the government norm GST was implemented from 1st July 2017. • Rate of GST for Apparels have been specified based on the sale price of less than Rs. 1,000 and more than Rs. 1,000 with 5% and 12% respectively; • Earlier, under various taxation law, av
Slide 4: Operational Performance: Q1 FY 2018
Operational Performance: Q1 FY 2018 Particulars Q1 FY 2018 % of Q1FY 2017 % of Rs crs sales Rs crs sales Total Revenue 80.01 100.00%106.59 100.00% Operating EBITDA 7.28 9.10%19.54 18.33% Profit before tax (PBT) 11.39 14.24%22.36 20.98% Profit after tax (PAT) 8.24 10.30%15.49 14.53% Apparel Sales val
Slide 5: Operational Performance: Q1 FY 2018
Operational Performance: Q1 FY 2018 Q1 FY 2018 % of Q1 FY 2017 % of Rs crs Revenue Rs crs Revenue Variation Total Revenue from Operations 78.86 98.56% 105.33 98.82% Other operating income 1.15 1.44% 1.26 1.18% Total Revenue 80.01 100.00% 106.59 100.00% Cost of goods sold 30.86 38.57% 43.06 40.40% -1
Slide 6: Financial Highlights: Q1 FY 2018
Financial Highlights: Q1 FY 2018 • Factors contributing to increase in sales and profitability : a. Increase in other income from Rs.4.53Cr. to Rs.6.37 Cr. Factors responsible for dampening profitability:- a. decrease in realisation per garment by 0.39% as compared to corresponding quarter last year
Slide 7: Trend in Sales and Operating Profit
Trend in Sales and Operating Profit Sales - Q1 FY2017-18 EBITDA – Q1 FY2017-18 • Total Revenue at Rs.80.01 crs from • EBITDA a Rs.7.28 crs Rs.106.59 crs • EBITDA margin at 9.1% • Apparel sales value at Rs.73.5 crs from Rs.101.3 crs • Apparel sales quantity down by 25.94% • Apparel sales realization
Slide 8: Trend in Net Profit and Cash Position
Trend in Net Profit and Cash Position PAT - Q1 FY2017-18 Cash - Q1 FY2017-18 • PAT at Rs.8.24 crs • Cash & Bank balances, Current Investments and Investments in Mutual • PAT margin at 10.3% Funds increased to Rs.198.73 crs • Quarterly EPS at Rs.6.68 (Rs.12.57) • Cash profit at Rs.9.53 crs 25.00 20.0
Slide 9: Balance Sheet
Balance Sheet (Rs. In Lakhs) 30-Jun-17 31-Mar-17 Audited Unaudited ASSET S 1) Non-Current Assets a) Property, Plant and Equipment 6,568 6,299 b) Capital W ork in ProgressASSETS i) Investments ii) Loans Particulars 1) Non-Current Assets a) Property, Plant and Equipment b) Capital Work in Progress c)
Slide 10: Ratios and Cash-flow Analysis
Ratios and Cash-flow Analysis Ratios 30.06.17 Cash Flows (in Rs crs) Q1 FY2018 Debt Equity ratio 0.11 I. Cash Flow from Operating Activity 2.18 *Operating Profit before Work ing Capital Changes 7.23 *Adjustment for Work ing Capital 0.58 Current Ratio 2.01 *Direct Taxes Paid (5.63) Debtors turnover (
Slide 11: Brands
Brands • Killer remains the flagship brand with Sales (Rs crs) Q1 2018 Q1 2017 % Change 53% share and Rs. 41.55 crs in revenues Killer 41.55 51.97 -20% • Integriti has a share of 24% with sales of Rs. 18.67 crs Integriti 18.67 26.94 -31% Brand wise sales break up Q1 FY 2018 Lawman 11.03 18.31 -40% E
Slide 12: Products
Products Sales (Rs crs) Q1 2018 Q1 2017 % Change • Jeans continues to be the largest selling product with a share of 70% of sales Jeans 54.94 71.60 -23% • Shirts sales stood at Rs.10.73 crs and had a share of 14% of sales Shirts 10.73 18.49 -42% Product wise sales break up Q1 FY 2018 Trousers 5.44 4
Slide 13: Channels
Channels • MBOs maintained the largest share at Sales (Rs crs) Q1 2018 Q1 2017 % Change 54% of sales • Sales from Retail stood at Rs.14.85 crs MBO 42.88 59.24 -28% and had a share of 19% of sales Retail 14.85 21.84 -32% Channel wise sales break up Q1 FY 2018 National Chain Stores 9.32 13.70 -32% Q1
Slide 14: Regional Distribution
Regional Distribution Sales (Rs crs) Q1 2018 Q1 2017 % Change • Eastern region retains the largest share at 46% East 33.89 37.35 -9% • Western region share stood at 19% West 13.77 19.50 -29% Region wise sales break up Q1 FY 2018 South 10.33 18.28 -43% North 10.85 16.72 -35% Q1 2018 46% 19% 14% 15% 6
Slide 15: Retail Stores
Retail Stores Particulars COCO COMFO FOFO Total K-Lounge 2 7 178 187 Killer EBO 83 83 LawmanPg3-EBO 14 14 Integriti-EBO 43 43 LawmanPg3 cum Integriti-EBO 1 1 Easies - EBO - - Factoy Outlet 1 1 2 Total 2 8 320 330 COCO - Company Owned Company Operated COMFO - Company Owned Management Franchisee Opera
Slide 16: Thank You
Thank You Disclaimer: Certain statements in this document or explanation thereof during discussions may be forward looking statements. Such forward looking statements are subject to certain risks and uncertainties like government actions, direct and indirect tax structures , local, political or econ
Kewal Kiran Clothing — Q1 FY2018 Earnings Presentation on 6ix