Rswm Ltd · NSE:RSWM
Rswm — Q2 FY22 Earnings Presentation
33 slides from Rswm's earnings presentation, Nov 9, 2021
Slide 1: RSWM Limited
RSWM Limited an LNJ Bhilwara Group Company PROUO TO BE INDIAN PRIVILEGED TO BE GLOBAL RSWM/SECTT/2021 November 9, 2021 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block - G, Rotunda Buil
Slide 2: RSWM Ltd. Earnings Presentation September 2021
RSWM Ltd. Earnings Presentation September 2021 1
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by RSWM (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or disseminated, directly or indir
Slide 4: Table Of Content
Table Of Content 21 Q2 & H1 FY22 Highlights 1 2 Lever Of Growth 3 Company Overview 4 Historical Financial Overview 5 ESG Initiatives 6 Leadership Team 7 Annexure
Slide 5: Message from MD's desk
Message from MD’s desk Commenting on the results, Mr. Riju Jhunjhunwala, Chairman & Managing Director of RSWM Ltd. said, “FY21 was full of learnings and challenges both in terms of business and battling the pandemic which catalyst for change. RSWM stood among the companies that envisioned the change
Slide 6: Message from JMD's desk
Message from JMD’s desk Commenting on the results, Mr. B. M. Sharma, Joint Managing Director of RSWM Ltd. said, “Company has given sustainable performance started from Q3 21 evident from Annual Report of FY21 and Results of FY22. Steps were taken to monetize non-core assets of the Company. Funds so
Slide 7: Q2 & H1FY22 Highlights
> Limited \ an LNJ Bhilwara Group Company \ \ \ Q2 & H1FY22 HIGHLIGHTS
Slide 8: Financial Performance Highlights : Q2FY22
Financial Performance Highlights : Q2FY22 INR in Cr Revenue Gross Profit & GP Margin % EBITDA & EBITDA Margin % Domestic Export 437 111 953 230 554 348 46.0% 12.0% 27 117 605 42.0% 337 4.5% Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Highlights ➢ During the quarter revenue from PAT & PAT Margin % Net
Slide 9: Key Financial Ratio
Key Financial Ratio INR in Cr ROCE ROE 13.10% 18.47% 18.22% 10.97% 2.84% 4.28% -1.08% Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY21 Q4FY21 Q1FY22 Q2FY22 -10.23% Fixed Asset Turnover Net Working Capital 269 272 249 194 2.21 1.99 1.88 1.76 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY21 Q4FY21 Q1FY22 Q2FY22 8
Slide 10: Financial Performance Highlights : H1FY22
Financial Performance Highlights : H1FY22 INR in Cr Revenue Gross Profit & GP Margin % EBITDA & EBITDA Margin % Domestic Export 50% 200 729 1,695 48% 12.0% 635 49.0% 46% 769 43.0% 44% 258 1,060 380 42% 511 40% -19 H1FY21 H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 PAT & PAT Margin % Highlights 80 ➢ Impact in
Slide 11: Key Challenges in Q2 & H1FY22
Key Challenges in Q2 & H1FY22 Raw Material Prices Ocean Freight As % Of Sales COTTON POLYSTER VISCOSE 10.46 10.06 YB MB Denims 6.55 5.97 5.67 5.28 5.04 4.01 163 175 2.34 2.43 1.86 1.73 169 170 169 169 162 166 170 166 167 165 165 142 142 142 114 114 97 99 101 Q3FY21 Q4FY21 Q1FY22 Q2FY22 91 100 93 93
Slide 12: Average Sales Realisation
Average Sales Realisation Yarn per Kg Denim per meter PV Grey Yarn Cotton Grey Yarn 174 180 291 297 171 157 172 153 150 245 143 220 204 130 202 209 185 185 FY19 FY20 FY21 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 FY19 FY20 FY21 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 PV Dyed Yarn Melange Yarn Deni
Slide 13: Lever of Growth
Limited an LNJ Bhilwara Group Company LEVER OF GROWTH
Slide 14: Lever of Growth
Lever of Growth ➢ Our team is working on ➢ Focus on monetizing ➢ Closely tracking Govt ➢ Company is investing programs like “Kifayat” non core assets Policies RoDTEP Scheme around INR.330 Cr. in and “Kaizen” for cost ➢ Company is also (Remission of duties expansion of Denim, optimization, quality ex
Slide 15: Company Overview
Limited an LNJ Bhilwara Group Company COMPANY OVERVIEW 14
Slide 16: RSWM at a glance
RSWM at a glance RSWM Ltd. is One of the largest textile manufacturers and Exporters of Synthetic, Blended, Mélange, Cotton, Specialty value added yarns and also manufacturing Fabrics, Denim and Green Polyester Fiber. Business Segments Global Presence ➢ Yarns and Denim ➢ Exports to more than 78+ nat
Slide 17: Strong Parentage
Strong Parentage GRAPHITE ELECTRODES POWER CONSULTANCY ➢ HEG LIMITED INFORMATION TECHNOLOGY ➢ INDO CANADIAN ➢ BHILWARA INFOTECHNOLOGY CONSULTANCY SERVICES LTD LIMITED TEXTILES POWER ➢ RSWM LTD. ➢ BALEPHI JAL-VIDYUT CO. P. LTD.- NEPAL ➢ MARAL OVERSEAS LTD. ➢ NJC HYDRO POWER LTD. ➢ BSL LTD. ➢ AD HYDRO
Slide 18: Our Evolution
Our Evolution Fabric processing & Acquired Rishabhdev First unit of RSWM finishing unit was plant from HEG Ltd. established at Kharigram, Gulabpura Estd. Melange Yarn 1961 1973 manufacturing unit at Executed Automated Spinning Mandpam, Bhilwara 2003 plant. Expanded capacity at 1994 2017 Kharigram (S
Slide 19: Our Evolution
Our Evolution Launches RSWM EDGETM 2014 2016 2015 Established a Green Fiber manufacturing unit at Reengus • 18.7 MW Solar Power Plant and with capacity of 18,000 MTs p.a. Additional Capacity at 25000 MTs p.a. Green Fibre Melange Yarn unit at 2020 • 3.3 MW Solar Power Plant Kanyakheri, Bhilwara. 2017
Slide 20: Business Verticals
Business Verticals RSWM Yarns LTD. Denim ➢ Capable of processing 3000+ denim variants Dyed Griege Melange ➢ LNJ Denim, a denim-manufacturing facility established in 2007 under RSWM Limited (the flagship company ➢ Grey/Dyed PV ➢ Greige is a yarn that hasn't ➢ Melange yarn, a high-value yarn of LNJ Bh
Slide 21: Credentials
Credentials ✓ The company is certified by all quality certification as per International Standards ✓ The company has also been certified by ISO 9001 2015, Global Organic Textile Standard (GOTS), Oeko-Tex-100 (certified by Hoihenstein), SA- 8000:2015 (certified by BSI), ISO EnMS – 5001 : 2012, Organi
Slide 22: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW 21
Slide 23: Financial Overview
Financial Overview INR in Cr Revenue EBITDA Net Working Capital 2943 2961 2771 263 264 269 210 213 242 2326 215 135 2018 2019 2020 2021 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 PAT Net Cash Flow From Operation EBITDA Margins 23 320 22 271 15 231 8.94% 166 9.24% 7.09% 9.52% FY18 FY19 FY20 FY21 -24 FY1
Slide 24: Financial Overview
Financial Overview INR in Cr Return on Capital Employed Return on Net Worth Net Worth 5.11% 1.61% 901 783 3.21% 2.84% 6.05% 705 761 4.28% 3.42% -3.10% FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 Fixed Asset Turnover Net Debt Capital Employed 1,402 1,321 2,713 2,538 1,067 2,182 2038 8
Slide 25: ESG Initiatives
‘fy >> . . wo Limited an LNJ Bhilwara Group Company , ] ESG INITIATIVES
Slide 26: ESG Initiatives: Safeguarding Environment
ESG Initiatives Safeguarding Environment Water Management Energy Conservation Recycle & Waste Management ➢ We offer fabrics dyed with ➢ LNJ Bhilwara Group continues to ➢ We proudly offer recycled yarns advanced techniques that uses less invest in renewable energy sources, in our fabrics. water and c
Slide 27: ESG Initiatives
ESG Initiatives Fibre Green Creating Value for Employees ➢ Fibre green is a process of converting ➢ Hiring from diverse skill sets; Employee waste material into fiber. friendly policies ➢ Disposed PET bottles are converted into ➢ Building an inclusive culture and an flakes which are finally turned i
Slide 28: ESG Initiatives
ESG Initiatives Core Values Strong Governance ➢ Our sustainability initiatives are not ➢ Optimum mix of Executive/Nonexecutive guided by legal or regulatory requirement Directors as per Policy on Board Diversity only but are rooted in the core values. ➢ Performance evaluation of Board, ➢ Since our i
Slide 29: Leadership Team
Leadership Team KEY MANAGERIAL PERSONS MR. RIJU JHUNJHUNWALA Chairman & Managing Director MR. B. M. SHARMA MR. AVINASH BHARGAVA MR. SURENDER GUPTA Joint Managing Director Chief Financial Officer Company Secretary BUSINESS HEADS MR. PRAKASH MAHESHWARI MR. SUKETU SHAH MR. ARUN DUDEJA MR. SUKESH SHARMA
Slide 30: Awards & Recognitions
Awards & Recognitions Holds the Winner of “The TEXPROCIL Export prestigious “Golden Rajasthan Energy Award- Gold Trading House” Conservation Trophy for the status by Govt. of Award” in the export of Processed India Textile Sector Yarn Highest Export Three time Winner Award from SRTEPC of the Rajiv G
Slide 31: Thank You
Thank You RSWM LIMITED CONTACT US Registered Office Shri Avinash Bhargava Kharigram, P.O. Gulabpura – 311 021 Chief Financial Officer Dist. Bhilwara (Rajasthan) Tel: 01483 222515 Email: cfo.rswm@lnjbhilwara.com Corporate Office Bhilwara Towers, A-12, Sector - 1 Shri Rakesh Jain Noida – 201 301 (U.P.
Slide 32: Annexure
Annexure INR in Cr Profit & Loss Statement Q2 FY22 Q2 FY21 H1 FY22 H1 FY21 FY21 FY20 Total Income (Incl. other income) 959.90 559.95 1709.67 779.79 2365.43 2850.36 Raw Material Cost 515.87 271.02 965.88 388.73 1217.99 1566.82 Employee Cost 101.74 76.15 199.40 130.48 312.33 370.09 Power Cost 94.58 68
Slide 33: Annexure
Annexure Balance Sheet Highlight INR in Cr. 30.09.21 31.03.21 INR in Cr. 30.09.21 31.03.21 Assets Liabilities Non-current Assets 1116 1052 Shareholders' Fund 862 761 Fixed Assets 918 928 Share Capital 24 24 Investments 117 92 Reserve & Surplus 838 737 Other Non-current 81 32 Non-current Liabilities