Shanti Spintex Ltd. · BSE:SHANTIDENM
Shanti Spintex — Knowledge Session (Virtual Interaction) for Investors organized by Go India Advisors (December 2024)
28 slides from Shanti Spintex's conference presentation, Dec 18, 2024
Slide 1: Cover letter to BSE: Corporate Presentation
Date: 18.12.2024 To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Ref.: Shanti Spintex Limited, Scrip Code: 544059 Dear Sir/Madam, Sub: Corporate Presentation Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and in continuat
Slide 2: Shanti Spintex Limited Corporate Presentation – December 2024
Shanti Spintex Limited Corporate Presentation – December'2024
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of SHANTI SPINTEX LIMITED. By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or inducement to sell
Slide 4: Index
Index Company Overview & Strategic Vision 04 Financial Overview 22 3
Slide 5: Redefining the Denim Landscape
Redefining the Denim Landscape Driving Denim Fashion for Over a Decade Founded in 2010, evolved from fabric trading to a leading manufacturer of premium-quality denim fabrics Versatile Denim Solutions Comprehensive denim portfolio with six types of fabrics in diverse shades, catering to various cust
Slide 6: Denim Legacy: Timeless Trend
Denim Legacy: Timeless Trend Revenue (Rs. Crs) 506 370 255 100 113 FY10 FY15 FY17 FY18 FY19 FY21 FY22 FY23 FY24 Incorporated as Takeover of Established a Expanded Crossed revenue Annual Capacity Crossed revenue Crossed revenue Crossed revenue Shanti Spintex Company by fabric weaving capacity by of R
Slide 7: Driving The Denim Fashion
Driving The Denim Fashion +150 19.2 Mn 5.7 Mn Product SKU Mtrs Installed Capacity Units Supplied Annually 46,757 +80 96 Sq. Mtrs. Mfg. Area Employees Airjet Looms 6
Slide 8: Our Core Competencies
Our Core Competencies Capability to manufacture diverse range of denim fabrics through in-house weaving unit Stringent quality control mechanism ensuring standardized product quality Manufacturers of premium denim fabrics offering a diverse range of 6 fabric types in 6 unique shades Diverse Revenue
Slide 9: In-House Weaving our Core Expertise
In-House Weaving our Core Expertise Textile Division Overview Yarn Outsourced In-House Outsourced Ready-to-Ship Procurement Dyeing Weaving Finishing Denim Fabrics Sourced directly from Yarn is dyed and sized Advanced air-jet looms Collaborating with Final products are trusted local suppliers by thir
Slide 10: Advanced Manufacturing Capabilities
Advanced Manufacturing Capabilities Distinctive Weave Patterns: Grey fabrics crafted in twill, knit dobby, structure dobby, broken twill, and satin weaves Rich Colour Palette: Survey No. 297, Village Dholi, Taluka Dholka,District Ahmedabad, Gujarat. Shades include indigo blue, IBST, Capabilities sul
Slide 11: Diverse Product Portfolio
Diverse Product Portfolio Denim Fabric Portfolio Power Stretch Light Weight Knit Denim Rigid Flat Finish 3/1 Over Dyed Spandex Denim Denim Denim Denim Denim Denim • Used in women's • Used for making • Comfortable, • Non stretchable • Soft, comfortable • Dyed with different clothing shirts, Kurtis's,
Slide 12: Multiple Revenue Streams
Multiple Revenue Streams (As % of Revenue) Denim & Grey 6% 1% 15% 1% 1% 21% Fabrics 37% Sale of Yarn FY21 FY22 FY23 FY24 63% Others 84% 78% 93% Total Revenue Rs. 113 Cr Rs. 255 Cr Rs. 370 Cr Rs. 506 Cr 11
Slide 13: Sticky Customer Base
Sticky Customer Base (As % of Revenue) 7% 4% 18% Top 10 FY21 FY22 FY23 FY24 Others 82% 93% 96% 100% Total Revenue Rs. 113 Cr Rs. 255 Cr Rs. 370 Cr Rs. 506 Cr Expertise in denim fabric weaving, we cater to manufacturers, wholesalers, and traders in Gujarat. 12
Slide 14: Enhancing Operational Efficiency
Enhancing Operational Efficiency Capacity & Capacity Util. Fixed Asset Turnover Ratio (In Times) 29% 48% 65% 81% 192.7 192.7 192.7 192.7 4.0 3.7 3.4 156.1 92.9 124.4 1.9 56.1 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Actual Production (Lk Mtrs) Installed Capacity (Lk Mtrs) Capacity Utilization (%) 13
Slide 15: Leading To Robust Performance
Leading To Robust Performance Financial Performance Working Capital Cycle (Amount in Rs. Cr) (In days) 506 123 370 92 255 74 25 66 67 65 22 49 51 113 11 12 13 10 19 5 10 10 13 3 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 PAT EBITDA Revenue Creditors Day Inventory Days Debtors Day 14
Slide 16: Strengthening Balance Sheet
Strengthening Balance Sheet (Amount in Rs. Cr) Net Debt* to Equity (x) Debt Repayment Schedule 0.9 1.0 0.4 0.2 0.1 42 43 49 6.7 22 20 3.3 19 2.3 6 3 5 7 FY21 FY22 FY23 FY24 H1FY25 FY25 FY26 FY27 Cash Gross Debt Net Debt/Equity (x) Note: *Cash consists of cash, bank and current investments 15
Slide 17: Achieving Healthy Return Ratios
Achieving Healthy Return Ratios Return on Equity Return on Capital Employed 18.0% 19.8% 16.6% 18.3% 11.1% 8.2% 8.1% 8.2% FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 16
Slide 18: Sustainability Through Green Initiatives
Sustainability Through Green Initiatives 2022 Commissioned a wind energy power plant of 2 MW capacity in Amreli, Gujarat 50% + Of Power needs met by 2023 renewable energy Installed 852 kw rooftop solar plant at the existing manufacturing unit 17
Slide 19: Experienced Leadership Team
Experienced Leadership Team Mr. Bharatbhushan Agarwal Mr. Rikin Agarwal Mr. Bhavik Talati Ms. Kruti Vyas Mrs. Monika Gupta (Chairman, Whole-Time (Managing Director) (Non-Executive Director) (Independent Director) (Independent Director) Director, and CFO) Managing Director of the With over 43 years i
Slide 20: Key Strategic Priorities
Key Strategic Priorities Strengthening Balance Sheet – Focus on Debt Reduction Focus on Green Assets – Driving Sustainability Expanding Premium Fabric Offerings – Building Customer Loyalty Growing Client Base – De-risking Business Backward & Forward Integration – Develop In-House Expertise INTEGRITY
Slide 21: Committed to Exploring Avenues for Future Growth
Committed to Exploring Avenues for Future Growth Expected Outcome Additional 2.5 MW Green Energy Initiatives (Cost reduction- Improved cost efficiency Rs. 2.8 Cr/yr. ) o Developing inhouse processing and finishing expertise; Backward and Forward o Actively scouting for strategic Operational Cost Red
Slide 22: Industry Overview
Industry Overview India's Textile Sector Government Initiatives Growth Drivers • India is the 6th largest • PM-MITRA Parks: • Modernization Support: • The textile sector aligns with exporter of textiles and Establishing 7 mega textile The Amended Technology initiatives like Make in India, apparel gl
Slide 23: Company Performance
comany y el PERFORMANCE %
Slide 24: Key Highlights: H1FY25
Key Highlights: H1FY25 Revenue increased by 119% YoY to Rs. 355 Cr, driven EBITDA grew 4% YoY to Rs. 12 Cr. by a favorable product mix and volume growth. Net profit rose by 24% YoY to Rs. 6.5 Cr. Gross debt reduced by 11% from FY24 levels, resulting Capacity utilization remained high at 89% of the t
Slide 25: P&L Statement
P&L Statement All amounts in Rs. Cr Particulars FY21 FY22 FY23 FY24 H1FY25 Revenue from Operations 113 255 370 506 355 Denim Fabrics 92 93 128 395 Finishing of Grey Fabrics 13 67 183 - Yarn (Sale of Yarn) 6 95 57 106 Others - - 2 5 COGS 84 222 322 457 334 Gross Profit 29 33 48 48 21 Gross Profit (%)
Slide 26: P&L Statement
P&L Statement All amounts in Rs. Cr Particulars FY21 FY22 FY23 FY24 H1FY25 Revenue from Operations 113 255 370 506 355 Denim & Grey Fabrics 105 160 311 395 Yarn (Sale of Yarn) 7 95 57 106 Others 1 - 2 5 COGS 84 222 322 457 334 Gross Profit 29 33 48 48 21 Gross Profit (%) 25.9% 12.9% 13.0% 9.6% 6.0%
Slide 27: Balance Sheet
Balance Sheet All amounts in Rs. Cr Equity & Liabilities FY21 FY22 FY23 FY24 H1FY25 Assets FY21 FY22 FY23 FY24 H1FY25 Equity 7.1 7.1 7.1 16.9 16.9 Non-Current Assets Reserves 34.3 39.1 48.9 69.7 76.2 Fixed Assets 57.0 53.2 64.2 67.3 64.9 Net Worth 41.4 46.2 56.0 86.6 93.0 Non current investments 2.0
Slide 28: Investor Relations
Sub Plot 1, Unit 1, Survey No. 297, Dholi - INVESTOR RELATIONS Integrated Spinning Park Limited, Dholi, Dholka, Ahmedabad, Gujarat – 382 240, India. EMAIL: Devyanshi@goindiaadvisors.com PH: +91 9892330743 Email: info@shantispintex.com Website: www.shantispintex.com Tel No.: 91-98258 01039 27