Reliance Cotton Spinning Mills Ltd · PSX:RCML

Reliance Cotton Spinning Mills — Investor Presentation (2022)

23 slides from Reliance Cotton Spinning Mills's investor presentation, 2022

  1. Slide 1: Corporate Briefing Session 2022

    Reliance Cotton Spinning Mills Limited Corporate Briefing Session 2022

  2. Slide 2: Contents

    Contents  Reliance Cotton Spinning Mills Limited (RCSML) Introduction  Strategic / Operational Developments  Historical Financial Highlights  Financial Results 2022  Future Outlook  Q & A Session

  3. Slide 3: Reliance Cotton Spinning Mills Limited (RCSML) Introduction

    01 Reliance Cotton Spinning Mills Limited (RCSML) Introduction

  4. Slide 4: RCSML - Introduction

    RCSML - Introduction Reliance Cotton Spinning Mills Limited (RCSML) was incorporated in Pakistan on 13 June 1990 as a public limited company. The shares of the company are listed on Pakistan Stock Exchange. RCSML is principally engaged in manufacturing and sales of Cotton yarn, PC Yarn and c. YARN P

  5. Slide 5: Strategic / Operational Developments

    02 Strategic / Operational Developments

  6. Slide 6: Strategic / Operational Developments

    Strategic / Operational Developments The Company during the year has increased its production capacity by 23% by adding 10,656 spindles and reached 57,600 spindles in total. Total investment made in Plant & Machinery is amounting to Rs. 575 million. The category of assets in which major investments

  7. Slide 7: Historical Financial Highlights

    03 Historical Financial Highlights

  8. Slide 8: Total Sales and Composition of Local & Export Sales

    Total Sales in Million 11,386 12,000 10,000 7,682 8,000 5,379 5,987 6,000 4,398 3,571 4,000 2,000 - 2017 2018 2019 2020 2021 2022 Composition of Local & Export Sales 10,147 12,000 10,000 6,191 8,000 4,800 4,445 6,000 3,602 2,868 4,000 1,186 1,491 1,240 2,000 703 796 934 - 2017 2018 2019 2020 2021 20

  9. Slide 9: Gross Profit and Net Profit in Million

    Gross Profit in Million 3,707 4,000 3,000 1,759 2,000 817 928 390 633 1,000 - 2017 2018 2019 2020 2021 2022 Net Profit in Million 2,772 3,000 2,500 2,000 1,200 1,500 1,000 323 391 274 191 500 - 2017 2018 2019 2020 2021 2022

  10. Slide 10: Profitability Ratios

    Profitability Ratios 140 34.5 120 25.8 100 80 14.7 14.1 44.1 60 8.4 33.6 40 6.3 16.9 18.0 11.6 39.6 20 31.7 12.1 23.1 0 20.5 20.6 8.8 2017 2018 2019 2020 2021 2022 Return on Capital Employed Return on Equity Return on Assets 100 30.0 90 80 70 21.9 24.3 60 50 14.9 15.6 13.2 14.7 40 11.4 30 7.2 7.3 4.

  11. Slide 11: Vertical Analysis - Total Assets and Equity & Liabilities (2022)

    VERTICAL ANALYSIS-TOTAL ASSETS (2022) 69.5% Total non-current assets Total current assets 30.5% VERTICAL ANALYSIS-TOTAL EQUITY & LIABILITIES (2022) 26.6% Total Equity Total non-current 16.0% liabilities 57.4% Total current liabilities

  12. Slide 12: Financial Results 2022 vs 2021

    04 Financial Results 2022 vs 2021

  13. Slide 13: Income Statement

    Income Statement +48% Sales Rs. 11,386 million (2021: Rs. 7,682 million) Gross Profit Rs.3,707 million (32.56% of +111% sales) [2021: Rs.1,759 million (22.89% of sales)] Net Profit Rs.2,772 million (24.35% of +131% sales) [2021: Rs. 1,200 million (15.61% of sales)] +48% Dividend paid Rs. 77 million

  14. Slide 14: Statement of value addition and its distribution

    Statement of value addition and its distribution 2022 2021 Rs. (Millions) %age Rs. (Million) %age Value addition Sales 11,386 99.71 7,682 99.70 Other income 33 0.29 23 0.30 Total 11,419 100.00 7,705 100.00 Value distribution Cost of sales 7,680 67.26 5,923 76.87 Distribution expense 212 1.86 150 1.9

  15. Slide 15: Balance Sheet Assets

    Balance Sheet Assets 10,946 million 2022 2021 6,719 million 3,240 million (30%) Property, plant and equipment 2,161 million (32%) 145 million (1%) Long term and short term 92 million (1%) investments 4,773 million (44%) Stores and stocks 2,926 million (44%) 1,783 million (16%) Trade debts 1,015 mill

  16. Slide 16: Balance Sheet Equity & Liabilities

    Balance Sheet Equity &Liabilities 10.946 million 2022 2021 6,719 million 6,287 million (57%) Shareholders Equity 3,571 million (53%) 1,957 million (18%) Total Long term loans 1,188 million (18%) 1,436 million (13%) Trade Liabilities 936 million (14%) 1,043 million (9%) Short Term Borrowings 815 mill

  17. Slide 17: Consolidated Income Statement

    Consolidated Income Statement 2022 2021 Rs. (Million) Rs. (Million) Sales 11,386 7,682 Cost of sales (7,679) (5,923) Gross profit 3,707 1,759 Distribution cost Value Distribution (212) (150) Administrative and other expenses (123) (158) Other income 28 18 Finance cost (237) (195) Share of profit of

  18. Slide 18: Consolidated Balance Sheet - Assets

    Consolidated Balance Sheet - Assets 2022 2021 Rs. (Million) Rs. (Million) Property, plant and equipment 3,240 2,161 Long and short term investments 1,376 1,065 Value Distribution Stores and stocks 4,773 2,926 Trade debts 1,782 1,015 Cash and banks 27 9 Other assets 979 519 Total 12,177 7,695

  19. Slide 19: Consolidated Balance Sheet – Equity & liabilities

    Consolidated Balance Sheet – Equity & liabilities 2022 2021 Rs. (Million) Rs. (Million) Equity of parent shareholders 7,378 4,435 Non-controlling interest - - Value Distribution Long term financing 2,096 1,188 Trade liabilities 1,436 936 Short term borrowing 1,043 815 Taxation 178 106 Other liabilit

  20. Slide 20: Future Outlook

    05 Future Outlook

  21. Slide 21: Future Outlook

    Future Outlook In last five years, your company has been able to grow at an impressive cumulative annual growth rate of over 33% and shareholder returns have improved significantly during the same period. However, Pakistan’s economy is now facing numerous challenges resulting in expected slowdown of

  22. Slide 22: Q & A Session

    06 Q & A Session

  23. Slide 23: Thank You!

    _ indanke YOU: __

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