Nitin Spinners Limited · NSE:NITINSPIN
Nitin Spinners — Q1 FY25 Earnings Presentation
17 slides from Nitin Spinners's earnings presentation, Jul 22, 2024
Slide 1: Exchange filing letter for investor presentation
. 4"-*i#elq:- Nr,rru SPTtluNERS LTD. J' r"1 '- t\rrtr^r REF: NSL/SGl2A24-2s Date : 22.07.2024 BSE ttd. National Stock Exchange of lndia PhirozeJeejeebhoY Towers Limited DalalStreet Exchange Plaza, Mumbai- 400 001 Bandra Kurla ComPlex Bandra (E), Mumbai- 400 051. Company Code - 532598 Company lD - NI
Slide 2: Nitin Spinners Limited Investor Presentation Q1 FY25
Nitin Spinners Limited Investor Presentation Q1 FY25
Slide 3: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nitin Spinners Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Management Commentary – Q1FY25
MANAGEMENT COMMENTARY – Q1FY25 Commenting on the results, Mr. Dinesh Nolkha – Managing Director said, “The company has delivered stable performance during Q1FY25, driven by optimal asset utilization, an improved product mix, and cost efficiencies, despite ongoing geopolitical challenges. In the upco
Slide 5: Profit & Loss Statement
PROFIT & LOSS STATEMENT Particulars (Rs. Crs) Q1 FY25 Q1 FY24 Y-o-Y Q4 FY24 Q-o-Q FY24 Total Revenue 802.97 617.12 30.12% 800.71 0.28% 2905.65 EBITDA 118.80 76.10 56.11% 116.24 2.20% 377.05 EBITDA Margin (%) 14.80% 12.33% 246 bps 14.52% 28 bps 12.98% Depreciation 36.71 23.03 36.25 118.47 Other Incom
Slide 6: Revenue Bifurcation
REVENUE BIFURCATION Q1 FY25 Q1 FY24 Q4 FY24 FY24 Products Rs. Crs % Rs. Crs % Rs. Crs % Rs. Crs % Yarn 585.9 72.9% 409.7 66.4% 569.0 71.1% 2,019.9 69.5% Fabrics 173.3 21.5% 162.6 26.3% 190.6 23.8% 716.5 24.6% Others 43.7 5.4% 44.7 7.2% 41.1 5.1% 169.2 5.8% Total 802.9 100.0% 617.1 100.0% 800.7 100.0
Slide 7: Production and Sales Volumes
PRODUCTION AND SALES VOLUMES Q1 FY25 Q1 FY24 Q4 FY24 FY24 Production Yarn (MT) 26,299 18,959 25,563 91,504 Knitted Fabric 1,300 742 1,513 5,060 Woven & Finished Fabrics Griege Woven Fabric Production (Mn Mtrs) 8.80 9.00 8.70 35.73 Finished Fabric Production (Mn Mtrs) 7.65 7.38 8.20 31.70 Sales Volum
Slide 8: Nitin Spinners – At a Glance
NITIN SPINNERS – AT A GLANCE India’s Leading manufacturer of Cotton & Blended Yarn, Knitted Fabrics, Greige & Finished Woven Fabrics Established in 1992 Headquartered in Bhilwara FY24 (Rajasthan) 2,906 Crs 377 Crs | 13.0% 132 Crs | 4.5% Plants located at Bhilwara & Chittorgarh, Revenue EBITDA | Marg
Slide 9: The Evolution
THE EVOLUTION 1993 1993 1999 1995 2002 2003 2005 2005 ▪ Commenced Operations With Open-End ▪ Total Installed Rotors Reached ▪ Ventured into Ring Spinning by ▪ Ring Spinning Capacity Doubled to Spinning - Installed 384 Rotors with an 1,464 Installing 14,112 Spindles Forward 27,216 Spindles and Knitti
Slide 10: Product Portfolio
PRODUCT PORTFOLIO Wide Product Range & End-User Application Yarn Knitted Fabric Finished Woven Fabric The company offers a wide range of products to cater An extensive portfolio of knitted fabrics to meet the A complete range of Dyed and Printed Fabrics for varied customer needs and end user applica
Slide 11: Strong Presence in Domestic & Major International Markets
STRONG PRESENCE IN DOMESTIC & MAJOR INTERNATIONAL MARKETS ~64% of Total revenue comes from exports Global Presence 50+ Countries Revenue Breakup(%) CANADA EUROPE USA CHINA Domestic 27 37 44 41 36 INDIA AFRICA BANGLADESH Export 73 63 56 59 64 S AMERICA FY21 FY22 FY23 FY24 Q1 FY25 AUSTRALIA 10 The Map
Slide 12: Capacity Expansion Completed: Seamless Execution
CAPACITY EXPANSION COMPLETED: SEAMLESS EXECUTION 76,992 Spindles 127488 Spindles 54 Weaving Machines 72,480 Spindles 72,960 Spindles 168 Weaving machines 7,296 Spindles 14 Knitting machines 264 Airjet Spinning Positions Total Capabilities 18 Knitting machines 14 Knitting machines 553 Rotors 3312 Rot
Slide 13: Cost Efficient Operating Model
COST EFFICIENT OPERATING MODEL 01. Our best in-class technology and state-of- art machineries results in cost efficiency, 04. With focused endeavors on R&D and faster turn around and further enhances our value enhancement, we have successfully efficiency quotient entered multiple markets 05. Optimum
Slide 14: Way Forward
WAY FORWARD CONSOLIDATION OF LEADERSHIP POSITION Strive to maintain the leadership position garnered over the years with consistent growth and venturing into newer markets PROPORTION OF VALUE-ADDED PRODUCTS Increase the proportion of value-added products to better margins and bottom line IMPROVING C
Slide 15: CSR and Environment Sustainability Initiatives
CSR AND ENVIRONMENT SUSTAINABILITY INITIATIVES Conservation of water by installing Construction of Women hostel Zero liquid discharge system, in Bhilwara Sewage water treatment plant and Rainwater Harvesting Contribution for cotton Renewable Solar power capacity of development and research 18.8 MW b
Slide 16: Awards and Certifications
AWARDS AND CERTIFICATIONS Key Awards & Accolades Recent Awards by TEXPROCIL Gold Trophy for Highest Exports of Cotton Yarn of Counts 50s and below in Category III for the year 2022-2023 Gold Trophy for Highest Employment Generation (Overall) for the year 2022-23 Gold Plaque for Highest Exports of Co
Slide 17: Company and Investor Relations Advisors contact
Company : Investor Relations Advisors : CIN: L17111RJ1992PLC006987 CIN: U74140MH2010PTC204285 Mr. P Maheshwari - CFO Ms. Manasi Bodas / Mr. Shogun Jain pmaheshwari@nitinspinners.com manasi.bodas.@sgapl.net/shogun.jain@sgapl.net +91 9821043510 / +91 7738377756 www.nitinspinners.com www.sgapl.net