Page Industries Limited · NSE:PAGEIND
Page Industries — Q4 FY25 Earnings Presentation
32 slides from Page Industries's earnings presentation, May 15, 2025
Slide 1: Performance Highlights Q4FY25
PERFORMANCE HIGHLIGHTS Q4FY25 MAY 15, 2025
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT This presentation, by Page Industries Limited (the “Company”), has been prepared solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities. This presentation has been prepared by the Company base
Slide 3: Contents
• QUARTERLY UPDATE - MANAGEMENT COMMENTARY - FINANCIAL HIGHLIGHTS - KEY HIGHLIGHTS - MARKET COVERAGE - NEW LAUNCHES - DIGITAL/SOCIAL MEDIA REACH CONTENTS • COMPANY OVERVIEW - ABOUT PAGE INDUSTRIES - MANUFACTURING CAPABILITIES - PRODUCT PORTFOLIO - EXCLUSIVE BRAND STORE - NEW IDENTITY - MANAGEMENT GR
Slide 4: Management Commentary
MANAGEMENT COMMENTARY FY25 was characterized by rapid shifts in economic, geopolitical, and technological tailwinds, compelling us to remain agile and responsive. While inflationary pressures constrained consumer spending—particularly in the first half of the year—our ability to adapt was evident in
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS YoY Financials (INR mn) Q4FY25 % Q3FY25 % Q4FY24 % growth Revenue 10,981 13,131 9,925 10.6% EBITDA 2,352 21.4% 3,025 23.0% 1,643 16.6% 43.2% PBT 2,187 19.9% 2,750 20.9% 1,450 14.6% 50.8% PAT 1,640 14.9% 2,047 15.6% 1,082 10.9% 51.6% Financials (INR mn) FY'25 % FY'24 % YoY growth
Slide 6: Profit and Loss Statement: Quarterly
PROFIT AND LOSS STATEMENT: QUARTERLY Financials (INR mn) Q4FY25 % Q3FY25 % Q4FY24 % YoY growth Revenue 10,981 13,131 9,925 9,925 10.6% COGS 4,292 39.1% 5,732 43.7% 4,363 44.0% -1.6% Employee Cost 2,087 19.0% 2,062 15.7% 1,935 19.5% 7.9% Other operating cost 2,249 20.5% 2,311 17.6% 1,983 20.0% 13.4%
Slide 7: Profit and Loss Statement: Full Year
PROFIT AND LOSS STATEMENT: FULL YEAR Financials (INR mn) FY’25 % FY’24 % YoY growth Revenue 49,349 45,692 8.0% COGS 21,305 43.2% 20,846 45.6% 2.2% Employee Cost 8,215 16.6% 8,036 17.6% 2.3% Other operating cost 9,204 18.7% 8,212 18.0% 12.0% Emp + operating cost 17,419 35.3% 16,248 35.6% 7.2% EBITDA
Slide 8: Balance Sheet
BALANCE SHEET Assets (` Million) FY25 FY24 Total Equity & Liabilities (` Million) FY25 FY24 Non Current Assets Total Equity 14,072 15,969 Property, Plant and Equipment 8,298 7,265 Non Current Liabilities 2,253 1,475 Other Non Current and Financial Assets 708 806 Current Liabilities Total Non Current
Slide 9: Key Highlights for Q4 FY25: Market Commentary
KEY HIGHLIGHTS FOR Q4 FY25 Market Commentary • Consumer demand growth remained muted through most of FY25, but encouraging signs of recovery emerged in the second half. • Growth was more pronounced in Tier 2 and Tier 3 cities, outperforming Metro and Tier 1 markets. • Government initiatives toward d
Slide 10: Key Highlights for Q4 FY25: Trade Update
KEY HIGHLIGHTS FOR Q4 FY25 Trade Update • Modern Retail (including Exclusive Branded Stores and e-commerce), supported by the rise of quick commerce, showed healthy signs of growth through same-store growth, expansion, improved operational efficiencies, and better consumer experiences. • General Tra
Slide 11: Unmatched Market Coverage
UNMATCHED MARKET COVERAGE Multi-Brand Exclusive Brand Key Department ECommerce Trade Channel Store Store 3,956 1,453 15 Jockey.in Distributor Accounts Exclusive Brand Stores Partner Chains 2,713 36 1,216 Cities / Towns Exclusive Woman Stores Stores 1,10,826 48 1,803 Retail Network Exclusive Juniors
Slide 12: Unmatched Market Coverage (Speedo)
UNMATCHED MARKET COVERAGE Multi-Brand Exclusive Brand ECommerce Outlet Store Speedo.in 1,096 36 Stores Stores 150 15 Cities Cities ... and more Partners 10
Slide 13: Jockey - New Launches
JOCKEY - NEW LAUNCHES Style No. AM67 Style No. RX76 TANK TOP PYJAMA Style No. UM23 OVERSIZED T-SHIRT Style No. RX90 Lounge Dress 11
Slide 14: Digital/Social Media Reach
DIGITAL/SOCIAL MEDIA REACH Followers 9,28,138 3,18,409 22,731 34,952 12
Slide 15: Digital/Social Media Reach
DIGITAL/SOCIAL MEDIA REACH Followers 3,78,000 21,200 1,810 12
Slide 16: Company Overview
COMPANY OVERVIEW 13
Slide 17: Page Industries: Vision & Mission Statement
PAGE INDUSTRIES: VISION & MISSION STATEMENT MISSION MISSION To be the largest and most profitable premium innerwear and athleisure To be the number one brand within men, women swimwear brand in our and kids segments in our licensed markets licensed markets VISION To satisfy the human need for comfor
Slide 18: Page Industries: At a Glance
19,884 PAGE INDUSTRIES: AT A GLANCE Leading player in Highly Experienced Professional Production Capacity PAN India Presence Strong Financial Premium Innerwear and Management supported by 250 mn pieces 1,11,922 Retail Network Performance 19,884 Employees 16 manufacturing units 1,489 Exclusive Brand
Slide 19: Jockey Product Portfolio
PRODUCT JUNIORS BOYS PORTFOLIO Hae BRIEFS TRUNKS BOXER SHORTS T-SHIRTS M E | POLO T-SHIRTS. TRACK PANTS: INN ERWEAR SHORTS > SWEAT SHIRTS BRIEFS 7 JACKETS BOXER BRIEFS TRUNKS . BOXER SHORTS INNER TEES MIDWAYS JUNIORS ants oureRWEAR ea ites TRACK PANTS WOMEN eye LOUNGE PANTS INNERWEAR CAMISOLE. Sos s
Slide 20: Speedo Product Portfolio
SPEEDO PRODUCT PORTFOLIO JUNIORS BoYSs JAMMERS AQUASHORTS BRIEFS ALL-IN-ONE SUIT SUNTOPS SWIMWEAR SWIMDRESS KNEESUIT LEGSUIT FULL BODY SUIT JAMMER 1= AQUASHORTS WATERSHORTS ALL-IN-ONE SUIT = a SWIM DRESS 0, Y LEGSUIT y ALL-IN-ONE SUIT CAPRIS EQUIPMENT GOGGLES SUNTOPS ss TRAINING AID JUNIORS ‘| GIRLS
Slide 21: Manufacturing Capabilities
MANUFACTURING CAPABILITIES STRONG IN-HOUSE MANUFACTURING CAPABILITIES COMMITTED TO QUALITY • Facilities spread over 2.9 million sq ft across 16 • Our own manufacturing helps set high quality manufacturing units standards for both in-house and outsourced • Present in 14 facilities in Karnataka, 1 in
Slide 22: Exclusive Brand Store - Jockey
| EXCLUSIVE BRAND STORE JOCKEY
Slide 23: Exclusive Brand Store - Speedo
___ EXCLUSIVE BRAND STORE speedo. >
Slide 24: Growth Initiatives
GROWTH INITIATIVES Capacity Ramp-up in both Manufacturing and Sales Expanding Channel presence in distribution, Exclusive Brand outlets, Large Format Stores & E-Commerce Brand building initiatives to amplify brand presence, product awareness and enhance consumer engagement. Expanding investments and
Slide 25: Key Strengths
KEY STRENGTHS In-house product development Wide Range of Robust Financials expertise and Premium Quality with ROCE of 73% back end Products capabilities Strong Distribution Reputed Brand network across License with Jockey Strong Balance Equity, Image and MBO, EBO, LFS International till Sheet Leader
Slide 26: Proven Track Record of Financial Performance
PROVEN TRACK RECORD OF FINANCIAL PERFORMANCE Revenue EBITDA PAT ` Million ` Million (EBITDA Margin %) ` Million (PAT Margin %) 7,291 10,626 (14.8%) (21.5%) 49,349 5,712 47,142 8,775 5,692 (12.1%) 45,692 (18.6%) 8,598 5,365 (12.5%) 7,855 (18.8%) 38,865 (13.8%) (20.2%) 3,406 28,330 5,266 (12.0%) (18.6
Slide 27: Proven Balance Sheet Strength
PROVEN BALANCE SHEET STRENGTH RONW/ROCE EPS and DPS Working Capital Days 700 654 73% 512 510 68% 481 124 55% 305 300 92 93 75 58% 66 250 260 59 59 51% 250 71 54 54% 46% 48.3% 64 38% 34 40% 18 16 13 14 32 22 18 19 11 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Receivables Inventory Payables Net
Slide 28: Shareholding Pattern
SHAREHOLDING PATTERN Others (incl As on March 2025 Insurance Companies SWF), 5.66% and Other DIIs, 7.57 Mutual Funds, 20.30% Promoters, 42.89% Market Cap: ~ INR 477 bn FPI, 23.58% (as on March 2025) 24
Slide 29: Sustainability
SUSTAINABILITY The nine focus areas are translated into nine I am pleased to share our 6th Sustainability Report, highlighting our missions targeted to drive value by embedding steadfast commitment to responsible business practices and futuristic commitments across the missions. environmental stewar
Slide 30: Sustainability Milestones
SUSTAINABILITY MILESTONES Governance, Risk, and Energy and GHG Economic Performance Water and Effluents: Materials Compliance: Emission • Conducted an analysis of the • Improved water use efficiency • 100% vendors/suppliers nudge factor pertaining to • The company achieved 100% • Energy Intensity at
Slide 31: Sustainability Recognition
SUSTAINABILITY RECOGNITION The Page Industries Limited has been awarded “Best Garment Industry” by the Karnataka Safety Institute, Department of Factories, Boilers, Industrial Safety, and Health, in association with the National Safety Council, Karnataka Chapter, “for practicing the best Safety Heal
Slide 32: Thank You
THANK YOU PAGE INDUSTRIES LIMITED CIN: L18101KA1994PLC016554 Contact Us: For Investor Relations: investors@jockeyindia.com Website: www.jockey.in