Kewal Kiran Clothing Limited · NSE:KKCL
Kewal Kiran Clothing — Q2 FY2019 Earnings Presentation
15 slides from Kewal Kiran Clothing's earnings presentation, 2018
Slide 1: Kewal Kiran Clothing Ltd Financial Results Review Q2 FY2019
KEWAL KIRAN CLOTHING LTD Financial Results Review - Q2 FY2019 and H1 ended 30.09.2018
Slide 2: Index
INDEX Contents Page No Operational Performance: Q1 3 Trend in Revenue & Operating profit 4-5 Trend in Net Profit 6 Balance Sheet 7-8 Ratios and Cash Flow Analysis 9 Brand 10 Product 11 Channels 12 Regional Distribution 13 Retail Stores 14
Slide 3: Operational Performance: Q2 and H1 FY 2019
Operational Performance: Q2 and H1 FY 2019 Q2 FY 2019 % of Q2 FY 2018 % of H1 FY 2019 % of H1 FY 2018 % of Rs crs sales Rs crs sales Variation Rs crs sales Rs crs sales Variation Net Sales 150.40 166.21 254.70 243.44 Other operating income 1.87 1.30 3.48 2.44 Total Revenue 152.27 100.00% 167.51 100.
Slide 4: Trend in Revenue
Trend in Revenue H1 FY2018-19 Q2 FY2018-19 • Total Revenue at Rs. 258.18 Crs. • Total Revenue at Rs. 152.27 Crs. • Apparel sales value at Rs. 241.38 Crs. • Apparel sales quantity lower by 8.61% • Apparel sales quantity higher by 5.13% • Apparel sales realization at Rs. 944 per unit • Apparel sales r
Slide 5: Trend in Operating Profit
Trend in Operating Profit Q2 FY2018-19 H1 FY2018-19 • EBITDA margin higher • EBITDA higher by 23.49% • EBITDA margin stood at 31.4% • EBITDA margin higher and stood at 26.8% 35% 100.00 30.0% 70 29.2% 26.8% 31.4% 90.00 22.8% 60 30% 25.0% 80.00 50 25% 70.00 20.0% 60.00 40 48.84 47.82 20% 69.31 50.00 1
Slide 6: Trend in Net Profit
Trend in Net Profit Q2 FY2018-19 H1 FY2018-19 • PAT stood at Rs. 33.57 crores • PAT up by 9.37% to Rs. 47.49 crores • PAT margin higher at 22% • PAT margin higher at 18.4% • Quarterly EPS at Rs. 27.24 (28.54) • H1 EPS at Rs. 38.53 (35.23) 50.00 25.0% 60.00 20.0% 45.00 21.0% 18.4% 18.0% 22.0% 17.7% 4
Slide 7: Balance Sheet (Assets)
Balance Sheet (Assets) (Rs crs) As at Sep. 2018 (Audited) As at Mar. 2018 (Audited) Non-Current Assets Property, Plant and Equipment 77.82 67.56 Capital Work in Progress 1.13 9.08 Investment Property 1.47 1.52 Other Intangible Assets 0.35 0.50 Intangible Assets under Development 0.15 0.15 Financial
Slide 8: Balance Sheet (Liabilities)
Balance Sheet (Liabilities) (Rs crs) As at Sep. 2018 (Audited) As at Mar. 2018 (Audited) Equity Equity Share Capital 12.33 12.33 Other Equity 422.55 387.32 Total Equity 434.88 399.65 Non-Current Liabilities Provisions 0.07 0.07 Deferred Tax Liability 4.32 4.60 Other non-current liabilities 1.47 1.59
Slide 9: Ratios and Cash-flow Analysis
Ratios and Cash-flow Analysis Cash Flows (in Rs crs) Q2 FY2019 Ratios Q2 FY2019 Q2 FY2018 I. Cash Flow from Operating Activity (18.11) Debt Equity ratio 0.20 0.19 *Operating Profit before Work ing Capital Changes 70.84 *Adjustment for Work ing Capital (73.04) *Direct Taxes Paid (15.91) Current Ratio
Slide 10: Brands
Brands • Killer continues to be brand leader Sales (Rs crs) Q2 2019 Q2 2018 % Change with 60% of revenue share • Integrity is second largest brand Killer 90.52 90.72 0% with 20% share Lawman 15.82 25.83 -39% Brand wise sales break up Q2 FY 2019 Integriti 30.63 36.53 -16% 4% Q2 2018 54% 16% 22% 4% Ea
Slide 11: Products
Products • Jeans contributed 62% to the revenue Sales (Rs crs) Q2 2019 Q2 2018 % Change with sales of Rs. 93.52 crores • Trousers sales grew by 11% to Rs. Jeans 93.52 107.24 -13% 12.66 crores Shirts 25.39 30.66 -17% Product wise sales break up Q2 FY 2019 Trousers 12.66 11.39 11% 5% Q2 2018 64% 18% 7
Slide 12: Channels
Channels • MBO continues to be the largest sales Sales (Rs crs) Q2 2019 Q2 2018 % Change channel with 44% share • Sales to National Chain Stores grew MBO 65.88 92.28 -28.6% 35% to Rs. 26.96 crores • E-Commerce sales grew by 107% to Retail 32.89 35.27 -7% Rs.14.31 crores Channel wise sales break up Q
Slide 13: Regional Distribution
Regional Distribution Sales (Rs crs) Q2 2019 Q2 2018 % Change • Eastern region continues to be the largest region with 42% share East 61.10 66.58 -8% • Southern region sales grew by 14% to Rs.28.42 crores West 29.57 32.10 -8% South 28.42 25.02 14% Region wise sales break up Q2 FY 2019 North 19.85 25
Slide 14: Retail stores
Retail stores Particulars COCO COMFO FOFO Total K-Lounge 2 9 186 197 EBO 120 120 Factoy Outlet 1 - 1 Total 2 10 306 318 COCO - Company Owned Company Operated COMFO - Company Owned Management Franchisee Operated FOFO - Franchisee Owned Franchisee Operated Retail Stores (YTD) 30.09.18 31.03.18 Existin
Slide 15: Thank You
Thank You Disclaimer: Certain statements in this document or explanation thereof during discussions may be forward looking statements. Such forward looking statements are subject to certain risks and uncertainties like government actions, direct and indirect tax structures , local, political or econ
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