Sapphire Textile Mills Limited · PSX:SAPT
Sapphire Textile Mills — Corporate Update (2022)
20 slides from Sapphire Textile Mills's corporate update, 2022
Slide 1: Sapphire Textile Mills Limited Corporate Briefing Session 2022
Sapphire Textile Mills Limited Corporate Briefing Session 2022
Slide 2: Contents
Contents 1 Sapphire Textile Mills Limited Introduction 2 Strategic / Operational Developments 3 Historical Financial Highlights 4 Financial Results 2022 5 Future outlook
Slide 3: Sapphire Textile Mills Limited Introduction
01 Sapphire Textile Mills Limited Introduction
Slide 4: Sapphire Textile Mills Limited Introduction
Sapphire Textile Mills Limited Introduction Sapphire Textile Mills Limited (STML) is principally engaged in manufacturing and sales of yarn, fabrics, home textile products, finishing, stitching and printing of fabrics. STML through its subsidiaries engaged in business of renewable energy by setting
Slide 5: Strategic / Operational Developments
02 Strategic / Operational Developments
Slide 6: Strategic / Operational Developments
Strategic / Operational Developments Spinning segment: The Company has undertaken capacity enhancement / balancing modernization and replacement (BMR) of spinning segment. During the year 2022 make addition of 15,359 spindles to meet demand of high quality yarn in both international and domestic mar
Slide 7: Historical Financial Highlights
03 Historical Financial Highlights
Slide 8: Sales, Gross Profit, Net Profit
Rs in million Sales 70,000 61,373 60,000 50,000 38,471 40,000 34,253 34,030 28,896 30,000 20,000 10,000 - 2018 2019 2020 2021 2022 Rs in million Gross Profit Rs in million Net Profit 15,000 8,000 7,016 11,859 6,000 10,000 5,406 6,350 4,000 3,263 4,835 2,559 5,000 3,536 1,595 2,000 1,179 - - 2018 201
Slide 9: Total Assets, Current Ratio, CAPEX
Rs in million Total Assets 80,000 70,643 60,000 51,798 42,330 43,563 44,446 40,000 20,000 - 2018 2019 2020 2021 2022 Rs in million CAPEX Times Current Ratio 4,488 1.35 1.40 5,000 1.50 1.28 1.18 1.14 4,000 2,581 2,654 1.00 3,000 1,970 2,000 1,453 0.50 1,000 - - 2018 2019 2020 2021 2022 2018 2019 2020
Slide 10: Financial Results 2022 vs 2021
04 Financial Results 2022 vs 2021
Slide 11: Income Statement
Income Statement +60% Sales Rs. 61,373 million (2021: Rs. 38,471 million) +87% Gross Profit Rs. 11,859 million (2021: Rs.6,350 million) +115% Net Profit Rs.7,016 million (2021: Rs. 3,263 million) +115% Earning per share Rs.323 (2021: Rs.150)
Slide 12: Balance sheet Assets
Balance sheet Assets 70,643 million 2022 2021 51,798 19,922 million ( 28%) Property, plant and equipment 14,714 million ( 28%) 13,504 million ( 19%) Long term investments 14,273 million ( 28%) 23,653 million ( 34%) Stores and stocks 13,323 million ( 26%) 5,656 million ( 8%) Trade debts 2,634 million
Slide 13: Balance sheet Equity and liabilities
Balance sheet Equity and liabilities 70,643 million 2022 2021 51,798 million 26,110 million ( 37%) Shareholders Equity 21,019 million ( 41%) 17,208 million ( 24%) Total Long term loans 16,702 million ( 32%) 7,846 million ( 11%) Trade liabilities 4,922 million ( 10%) 16,943 million (24%) Short term b
Slide 14: Consolidated Income Statement
Consolidated Income Statement 2022 2021 Rs. in million Rs. in million Sales 90,646 58,163 Cost of sales (63,081) (41,374) Gross profit 27,565 16,789 Value Distribution Distribution cost (5,005) (3,014) Administrative and other expenses (2,062) (1,295) Other income 1,090 1,057 Finance cost (5,240) (3
Slide 15: Consolidated Balance sheet - Assets
Consolidated Balance sheet - Assets 2022 2021 Rs. in million Rs. in million Property, plant and equipment 77,079 64,884 Long and short Value term investments Distribution 8,246 9,088 Stores and stocks 29,981 16,877 Trade debts 19,669 11,977 Cash and banks 7,897 8,770 Other assets 6,699 4,465 Total 1
Slide 16: Consolidated Balance sheet – Equity & liabilities
Consolidated Balance sheet – Equity & liabilities 2022 2021 Rs. in million Rs. in million Equity of parent shareholders 40,238 30,552 Value Distribution Non‐controlling interest 12,894 10,811 Long term financing 59,608 54,010 Trade liabilities 12,942 8,521 Short term borrowing 18,213 7,908 Other lia
Slide 17: Future Outlook
05 Future Outlook
Slide 18: Future Outlook
Future Outlook The Global economic scenario has changed completely. The Russian invasion of Ukraine and the consequent increase in global energy prices have thrown the world into recession. The higher energy prices leaves less disposable income in the hands of the consumer which has resulted in redu
Slide 19: Q & A Session
U Q & A S es S Io n
Slide 20: Thank you!
Thank you!