Blessed Textiles Limited · PSX:BTL
Blessed Textiles — Bhanero Textile Mills — Investor Presentation (November 2020)
24 slides from Blessed Textiles's investor presentation, Nov 23, 2020
Slide 1: Minutes of the Corporate Briefing Session - 2020
Minutes of the Corporate Briefing Session - 2020 The Corporate Briefing Session (“CBS”) was conducted virtually on November 23, 2020 and the session was chaired by Mr. Muhammad Salim, the director of the company. The CBS was commenced by the brief introduction about the Umer Group and the company fo
Slide 2: Bhanero Textile Mills Limited
1 BHANERO TEXTILE MILLS LIMITED WE WARMLY GREETS ALL THE PARTICIPANTS IN THE CORPORATE BRIEFING SESSION - 2020
Slide 3: Table of Contents
2 Table of Contents Introduction Economic Environment - Global & Pakistan Perspective Financial Performance Question and Answers Thankyou Note
Slide 4: Introduction
3 Introduction Group Profile Since inception Bhanero Textile Mills Ltd is operating under the umbrella of Umer Group of Companies which is one of the leading groups of Pakistan. The core business of group has always been textiles however, in recent past the group has diversified itself by engaging i
Slide 5: Incorporation, Symbol, Legal Status
Incorporation 4 The company Bhanero Textile Mills Limited established in March 1980. Symbol BHAT Legal Status Public Limited Company. Capital Authorized Capital - 60,000,000 Issued Paid-up Capital - 30,000,000 (Ordinary Shares of Rs. 10 each) Associated Undertakings Faisal Spinning Mills Ltd Blessed
Slide 6: Registered and Liaison Office, Manufacturing Units, Credit Rating
5 Registered and Liaison Office Registered office of the company is located at Umer House, 23/1, Sector 23, K.I.A , Karachi. Liaison office of the company is located at City Towers, Main Boulevard, Gulberg-II, Lahore. Manufacturing Units i) Spinning Unit I with an installed capacity of 27,840 spindl
Slide 7: Board of Directors
Board of Directors 6 The elections were held during the year and board was reconstituted on January 31, 2020 in which all the contesting members were duly elected unopposed. The appointments of independent, executive, non-executive and female directors have been made in strict compliance of the regu
Slide 8: Economic Environment Global Perspective
Economic Environment 7 Global Perspective Albeit businessmen in Pakistan expects no significant change in US economic policies for Islamabad but we have to stay cautious after winning of democratic candidate. Most analysts believe that new government will stay on the course set by Trump administrati
Slide 9: Pandemic situation and economic impact
The pandemic situation wreak havoc across the globe by killing and affecting millions of people 8 causing all the major economies to suffer from this pandemic. The world still struggling from the first wave of pandemic but the news for eruption of second wave of deadly virus is coming from all over.
Slide 10: Pakistan's Perspective
Pakistan’s Perspective 9 The inflow remained above $2 billion for the 5th consecutive month as home remittances amounting to $2.3 billion received during October 2020 showed an increased by 14.1 percent compared to October 2019.It’s anticipated that foreign currency reserves may increased up to $14.
Slide 11: Financial Performance
Financial Performance 10 By the grace of Almighty Allah, the company earned the profit after tax of PKR 329.399 million during the year ended 30 June, 2020 (2019: PKR 832.410 million). The company by the grace Allah succeeded to steer its way through challenges due to outbreak of coronavirus pandemi
Slide 12: Statement of Profit or Loss
Bhanero Textile Mills Limited Statement of Profit or Loss For The Year Ended June 30, 2020 Sales Cost of sales Gross profit Other income Distribution cost Administrative expenses Other operating expenses Finance cost Profit before tax Provision for taxation Current tax - current year Current tax - p
Slide 13: Year-Wise Operating Data
Bhanero Textile Mills Limited For the year ended June 30, 2020 Spinning Unit Spindle installed Spindles worked Installed capacity after conversion into 20/s count - Kg Actual production - Kg Weaving Unit Airjet looms installed Airjet looms worked Installed capacity after conversion into 50 picks - M
Slide 14: Year-Wise Financial Data
Profit and loss account Turnover (Net) Gross profit Operating profit Financial expenses Profit before tax Profit after tax Cash dividend Balance Sheet Share Capital Reserves Shareholder equity Long term liabilities Short term loan Current liabilities Current portion of long term loans Fixed assets C
Slide 15: Ratios
Ratios Performance Sales growth percentage - Year to Year basis Gross profit (%) Profit before tax (%) Profit after tax (%) Breakup value per share - Rupees per share Market value of share - at the year end - Rupees per share Earnings per share - Rupees per share Price earning ratio Leverage Gearing
Slide 16: Turnover - (Millions)
15 Turnover - (Millions) 10,000 9,348 8,924 9,000 8,074 8,000 7,350 6,837 6,637 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - 2020 2019 2018 2017 2016 2015
Slide 17: PBT and PAT
PBT AND PAT Profit before tax (%) Profit after tax (%) 16 12.00% 10.24% 8.90% 10.00% 8.00% 6.72% 5.97% 5.40% 5.11% 6.00% 4.84% 4.03% 3.69% 3.32% 3.22% 4.00% 2.82% 2.00% 0.00% 2020 2019 2018 2017 2016 2015
Slide 18: Shareholders Equity - (Million)
Shareholders Equity - (Million) 17 6,000 4,919 4,913 5,000 4,263 4,000 3,886 3,640 3,427 3,000 2,000 1,000 - 2020 2019 2018 2017 2016 2015
Slide 19: Breakup Value Per Share
Breakup Value Per Share 18 1,639.71 1,637.71 1,800 1,420.91 1,295.43 1,600 1,213.18 1,142.34 1,400 1,200 1,000 800 600 400 200 - 2020 2019 2018 2017 2016 2015
Slide 20: Earnings Per Share
19 277.47 300 Earnings Per Share 250 160.68 200 109.80 150 91.91 73.45 69.14 100 50 0 2020 2019 2018 2017 2016 2015
Slide 21: Cash Dividend %
Cash Dividend % 20 643% 700% 558% 600% 500% 500% 368% 400% 300% 200% 100% 100% 100% 0% 2020 - Interim 2019 2018 2017 2016 2015
Slide 22: Pattern of Shareholding
Bhanero Textile Mills Limited Pattern of Shareholding As at June 30, 2020 Numbers Of Sr Categories Of Shareholders aa Shares Held | Percentage % Shareholders 1 Director's, CEO, Spouse & Minor Children 19 1,420,779 47.36 2 Associated Companies & Related Parties 12 1,427,721 47.59 3 NIT&ICP - - - 4 In
Slide 23: Free Float of Shares
Bhanero Textile Mills Limited Free Float of Shares As on June 30, 2020 Total outstanding shares Less: Shares held by Directors,Sponsors, Senior Management and their Associates Government holding as Promoter /Acquirer /Controller Shares held by Associated Undertakings Shares held with General Public
Slide 24: Question & Answers Session
Question & Answers Session 23 The honorable guest and shareholders of the company are requested to proceed for question and answer session with regard to the financial statements for the year ended June 30, 2020. Thanks
Bhanero Textile Mills — Investor Presentation (November 2020) on 6ix