Manomay Tex India Ltd. · NSE:MANOMAY
Manomay Tex India — Investor Presentation (July 2023)
38 slides from Manomay Tex India's investor presentation, Jul 24, 2023
Slide 1: Investor Presentation FY-2023
INVESTOR PRESENTATION FY-2023
Slide 2: Bird's-Eye View: Manomay
BIRD’S-EYE VIEW: MANOMAY ISO 9001:2015 and ISO 14001:2015 certified company Sustainable Denim Plant Business Model located in and Experienced Rajasthan Team having production capacity of 48 million meters per annum Ventured into 14+ international markets We have an integrated manufacturing facility
Slide 3: Journey Since Inception
Started the marketing Journey of suiting fabrics in Bhilwara with the Made a remarkable name of Mahalaxmi entry in the world of Synthetics Since denims with a new Graduated from Embarked on a new and grand plant at Dhanlaxmi group to journey with a new Gangrar Dist- Dhanlaxmi Synthetics, plant of we
Slide 4: Expansion of Denim Plant: Installed new and advanced air jet looms
Expansion of Denim Plant: The company applied for Installed new and registration of 1.1 MW Solar PV advanced air jet looms power project at plant Aaraji and Indigo Dyeing No.5,6,7 gram- Jojro Ka khera Expansion of our Machineries Tehsil-ganger, Dist.- Chittorgarh production (Rajasthan) for captive u
Slide 5: Manufacturing Process
MANUFACTURING PROCESS Manomay Industry Raw Material Yarn Warping Sizing Folding/Checking Finishing Loom Roll/Packaging Dispatch
Slide 6: Our Guiding Principles
Our Guiding Principles VISION MISSION We Believe:- Together Everyone We are here not only for business achieves more. but for making long-term We are here to invest in our relations. relations with people & for A satisfied buyer and his people. appreciation for goods is inspiration for better workin
Slide 7: Products
MANOQMAY A MOMENT OF STYLE PRODUCTS
Slide 8: Our Segments
Our Segments:- Satin A type of fabrics weave that produces a characteristically glossy, Smooth or lustrous denim. 3/1 Twill Dobby The most common weave for Denim that’s produced on loom, denim fabric. 3/1 is just three characterized by small geometric warp threads for every waft pattern and extra te
Slide 9: Manufacturing Capacity & Process Details
MANUFACTURING CAPACITY & PROCESS DETAILS Denim Plant located at Aaraji No. 5,6,7 Gram-Jojro Ka Khera Tehsil-Gangrar, Dist.:-Chittorgarh (Rajasthan), India has production capacity of 48 million meters per annum spread across land area of 20,300 sq. meter and 11,800 sq. meter. Warping Warping is the p
Slide 10: High Air Jet Looms; High Speed Gas
High Air JetLooms These are the main weaving machines. Installation of latest high air jet looms with wider width and dobby, TSUDOKAMA- 115 LOOMS. We carry out job work on approximately 200 LOOMS. nes to form High Speed Gas Singeing machine: This machine produces an even surface by burning off proje
Slide 11: Finishing Range; Inspection
Finishing Range Finishing processes comprises of washing, bleaching, dyeing and coating on textiles following weaving. We have four finishing machines. Finishing machine with built-in weft straightener and 4 million capacity. nes to form Inspection This helps to identify the faults in production of
Slide 12: Our Markets
OUR MARKETS Domestically, we trade throughout india, primarily in major cities like New Delhi, Mumbai, Kolkata, Ahmedabad, Ludhiana, Indore, Kanpur, Bellary, Hathras, Ulhasnagar, Bhilwara and Bhavnagar.
Slide 13: Our Markets
OUR MARKETS We export our denim to 15+ countries worldwide, like Colombia, Mexico, Egypt, Chile, Venezuela, Paraguay, Guatemala, Peru, Ecuador, Lebanon, Bangladesh, Argentina, Bolivia, Morocco, and USA. USA LEBANON MOROCCO EGYPT BANGLADESH MEXICO GUATEMALA COLUMBIA VENEZUELA ECUADOR PERU PARAGUAY CH
Slide 14: Market Size & Growth Factors
MARKET SIZE & GROWTH FACTORS Indian Denim Market The Indian Denim Domestic Market has been growing at an average CAGR of 8-9% for the past several years and is predicted to reach US $ 12.27 billion by 2028. 1,600 million meters per year India’s denim fabric installed capacity Growth Drivers: The gro
Slide 15: Growth Opportunities
GROWTH OPPORTUNITIES 1. The Indian textile industry is set for strong growth, buoyed by both strong domestic consumption as well as export demand. 2. The Directorate General of Foreign Trade (DGFT) has revised rates for incentives under the Merchandise Exports from India Scheme (MEIS) for two subsec
Slide 16: Strengths
STRENGTHS 1) Integrated Manufacturing Facility : allowing us to carry on all the facilities in house i.e. from winding and warping of yarn to dispatch of the fabric. 2) Our Experienced Management: through their constant efforts, we have been able to build a sustainable business model 3) Locational A
Slide 17: Weakness
WEAKNESS 1) An increase in mid-market / value shops has a detrimental influence on higher-end retailers and increases the potential to offer lower-end brands. 2) Price fluctuations to keep up with changing demands and trends. 3) Scarcity of trained labour. 4) An increase in unit cost, as well as hig
Slide 18: Opportunities
OPPORTUNITIES 1) The textile and apparel industry is expected to grow to US $190 billion by FY26. 2) Urbanization is expected to support higher growth due to change in fashion and trends. 3) According to Union Budget 2022, there is a total allocation of ₹12,382 crore for the textile sector for next
Slide 19: Threats
THREATS 1) High Competition: The market is saturated with established brands. 2) When competitors offer cheaper prices, it is difficult to strike a balance between price and quality. 3) Due to pollution concerns, certain factories in China and Europe have been shut down, resulting in a spike in the
Slide 20: Our Team
MANAGEMENT Mr. Kailashchandra Hiralal Laddha Chairman Our Team He has 45+ years of versatile experience in the textile industry and has thorough knowledge of products of our Company. He holds experience in operations, business process, risk management MIS, administration, vendor management, and team
Slide 21: Our Team
MANAGEMENT Mr. Kamlesh Kailashchand Ladha Whole Time Director He is a young entrepreneur, with specialization in production and has 25+ years of experience Our Team behind him. He is looking after day to day activities of production of the company and has vast experience in handling and controlling
Slide 22: Our Team
MANAGEMENT Mr. Shriniwas Shivraj Bhattad Independent Director Our Team He is a B. Tech Mechanical Engineer and has extensive experience and expertise in the financial services sector. He has expertise in the fields of finance, law, management, sales, marketing, administration, research, corporate go
Slide 23: Our Team
MANAGEMENT Mr. Anil Kumar Kabra Additional Director (Independent) Our Team He has extensive experience and expertise in the financial services sector and has expertise in the fields of finance, law, management, sales, marketing, administration, research, corporate governance, technical operations or
Slide 24: Our Team
MANAGEMENT Mrs. Pallavi Laddha Whole Time Director MANAGEMENT Our Team She is the Promoter and Whole Time Director and Chairman of Internal Complaint Committee of the Company. She holds a Masters degree in Business Administration (MBA). She is currently engaged in the Human Resource, Financial Manag
Slide 25: Snapshot FY23
Snapshot FY23 Total Income EBITDA Margin (%) PBT Margin (%) INR 69,922.92 Lakhs 5.99% 2.30% 150 Stock Price Moment 100 50 0 2 22 22 2 2 22 22 22 3 3 23 3 23 3 22 r2 g2 p2 n2 b2 r2 n2 ay ly ct ov ec ar ay ne Ap Ap Au Se Ja Ju Fe Ju O M D M M N Ju Key Market Statistics BSE Market Cap. 243.63 Cr. Face
Slide 26: Margin Ratios
MARGIN RATIOS Total Revenue Net Profit & Net Profit Margin Operating profit & Operating profit Margin 2.00% 1.85% 1,500 1.80% 75,000 1.67% 4,000 5.50% 69,922.92 1.60% 5.00% 4.35% 58,988.16 4.50% 1.31% 1.40% 3,000 3.93% 4.00% 1,000 1.20% 3.50% 50,000 1,295.04 3.50% 40,562.01 1.00% 3,043.11 3.00% 2,00
Slide 27: Strong Financial: Key Ratios
STRONG FINANCIAL: KEY RATIOS Current Ratio Interest Coverage Total Debt/ EBITDA 2 2.5 2.36 3 2.65 2.12 2.45 1.55 1.52 2 1.5 1.34 1.60 2 1.77 1.5 1 1 1 0.5 0.5 0 0 0 FY2021 FY2022 FY2023 FY2021 FY2022 FY2023 FY2021 FY2022 FY2023 The Current ratio has been increasing over the past 3 years. The interes
Slide 28: Return Ratios
RETURN RATIOS Return Ratios measures how effectively an investment is being managed by the company so that highest possible return is generated on the investment. The above three return ratios: ROE, ROCE and ROA have increased sharply indicating that the company is making efficient use of the resour
Slide 29: Efficiency Ratios
EFFICIENCY RATIOS Turnover Ratio 1.50 Total Asset Turnover Ratio 1.83 1.78 Performance is quite favourable on 3.64 operational front. The company has Inventory Turnover ratio 4.12 been performing well, in terms of 4.46 industry parameters. The company 4.08 has been on favorable terms with Recievable
Slide 30: Quarterly Highlights (P&L)
Quarterly Highlights (P&L) RS. IN LACS
Slide 31: Profit & Loss Statement
PROFIT & LOSS STATEMENT MANOMAY RS. IN LACS [Particuiars 0 rvz0zs 2022 Fv2023 | 1) Revenue from Operations 32,125.30 58,953.15 69,887.88 2) Other Income 0.72 35.01 35.04 3) TOTAL REVENUE (1+2) 32,126.02 58,988.16 69,922.92 4) Direct Expenditure (a) Cost of Materials Consumed 20,376.13 37,665.19 47,7
Slide 32: Balance Sheet
BALANCE SHEET MANOMAY RS, INLACS RS. IN LACS [ea a Oe Ne | ce | |LEQUITY AND LIABILITIES iL ASSETS SHAREHOLDER'S FUNDS 1. Non-Current Assets (@) share Capital 1468.34 1468.34 1804.87 (@) Plant, Property & Equipment 5,626.26 5600 6620.22 (b) Reserve & Surplus 497401 5315.76 9,788.86 Gidintangible Ass
Slide 33: Capital Structure
Shareholding Pattern as on 31st March, 2023 Shareholding Pattern CAPITAL STRUCTURE Authorized Share Capital As at 31st March 2023 As at 31st March 2022 Particular Number Amount Number Amount 44.47 Authorized Share ( Captial) (in Lakhs) 200 2000.00 200 2000.00 44.47% 55.53% 55.53 Equity Shares of Rs.
Slide 34: Awards & Recognitions
AWARDS & RECOGNITIONS The company has won TEXPROCIL Export Award 2020-2021 in the Gold Trophy for the Highest Exports of (Cotton) ‘Denim Fabrics'. under Category II (Export performance above Rs.75 Cr. And upto Rs. 250 Cr.) for exports of Rs. 155.60 Cr. during the year 2020-21 from The Cotton Textile
Slide 35: Awards & Recognitions
AWARDS & RECOGNITIONS Rajasthan State Export Award 2020 Company has won Rajasthan State Export Award 2020 From Government of Rajasthan Department of Industries & Commerce for Highest export Denim (Cotton) Fabrics and Growth in the category of textiles during the year 2019-20. This Rajasthan State Ex
Slide 36: Investment Rationale
INVESTMENT RATIONALE By 2029, the Indian textiles market is anticipated to be valued more than US$ 209 billion. The Indian textiles industry appears to have a bright future, driven by robust domestic and foreign demand. Incentives under the PLI scheme will be available for five years from 2025-26 to
Slide 37: Disclaimer
DISCLAIMER This presentation has been prepared solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever.
Slide 38: Thank you
Thank you Mr. YOGESH LADDHA Promoter And Managing Director Investor Relations REGISTERED OFFICE: NNM Nextgen Advisory Pvt. Ltd. 32 Heera Panna Market Mr. Nikunj Mittal/ Parth Panchal Pur Road, Bhilwara 311001 nikunj@nnmsecurities.com Rajasthan, INDIA parth.panchal@cokaco.com yogesh@manomaytexindia.c
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