Slide 1: Exchange filing cover letter for investor presentation
28th October, 2024 To, To, BSE Limited National Stock Exchange of India Limited Listing Dept. / Dept. of Corporate Services, Listing Dept., Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Dalal Street, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai - 400 051
Slide 2: Arvind Limited Q2 FY25 Results Investor Review Note
Arvind Limited Q2 FY25 Results Investor Review Note 28th Oct 2024| Ahmedabad
Slide 3: Safe harbour statement
Safe harbour statement Certain statements contained in this document may be statements of future expectations and other forward looking statements that are based on management‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, perfor
Slide 4: Q2 FY25 reflections – hits & misses
Q2 FY25 reflections – hits & misses What went right Challenges + Volumes increased across the board for ➢ Additional air freight incurred to mitigate most businesses in Textiles and AMD the spillover impact of Industrial action of segments Q1 + Garments delivered third consecutive ➢ Increased provis
Slide 5: Q2 FY25 results reflect growth driven by higher volumes
Q2 FY25 results reflect growth driven by higher volumes ₹ Cr YoY Revenues • Overall revenue increased by 14% on account of strong volume growth across all businesses 2188 14% – Woven and Garment revenues grew 12% each – Denim volume highest in 9 quarters. – Garment volumes stood at 9.2Mn (+21%) EBIT
Slide 6: Q2 & H1 FY25 | Summary P&L
Q2 & H1 FY25 | Summary P&L YoY YoY All figures in INR Crs Q2 FY25 Q2 FY24 H1'FY25 H1'FY24 Change Change Revenue from Operations 2,188 1,922 14% 4,019 3,775 6% EBIDTA (Continuing Operations) 221 206 7% 371 386 -4% EBIDTA % 10.1% 10.7% 9.2% 10.2% Other Income 12 12 25 24 Interest 39 39 79 75 Cash Accr
Slide 7: Strong operating performance across segments
Strong operating performance across segments In Inr Cr Q2 FY25 Q2 FY24 Business Revenue EBIDTA EBIDTA % ROCE % Revenue EBIDTA EBIDTA % ROCE % Textiles 1633 168 10.3% 15.0% 1455 160 11.0% 13.9% Advanced Material 388 60 15.3% 28.5% 354 56 15.7% 33.4% Others & Inter Segment 167 5 112 2 Total 2188 233 1
Slide 8: Consolidated Balance sheet as at 30th Sep 2024
Consolidated Balance sheet as at 30th Sep 2024 Particulars 30th Sep 24 31st Mar 24 Shareholders' Fund 3593 3621 • Long term borrowings Share Capital 262 262 increased by ₹61 Cr during H1 Reserves & Surplus 3249 3281 Minority Interest 82 78 • Net Borrowings has increased Borrowings 1385 1325 by ~ ₹58
Slide 9: Textile volumes delivered YoY growth across all segments
Textiles Textile volumes delivered YoY growth across all segments Million M 32.9 31.7 32.7 29.4 27.0 Comparison for Q2 FY25 (YoY) 11.2 11.7 WOVENS Domestic 10.9 11.7 10.6 • Woven volumes grew 11% Exports* 18.5 21.7 20.0 21.0 16.4 • Denim volume highest in 9 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 qu
Slide 10: Realisations remained flat and margins remained healthy
Textile Realisations remained flat and margins remained healthy Fabric realisation Textile Margin EBITDA Margins (%) ₹/m 11.8 11.5 249 247 11.0 243 241 243 10.3 Denim 7.4 202 200 201 197 Wovens 193 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 9
Slide 11: Textile revenue driven by volume growth
Textile Textile revenue driven by volume growth Textile revenues (₹ Cr) +12% 1,633 1,455 • Woven delivered revenue growth in line with YoY volume increases 682 12% Woven 609 • 6% volume growth in Denim got offset by lower realization resulting in flat revenues 328 -2% Denim 335 • Garment revenues re
Slide 12: AMD revenue growth muted reflecting volume growth
Advanced Materials AMD revenue growth muted reflecting volume growth AMD performance summary Comments Revenues (₹ crores) • Human Protection: Key accounts +9% continued to evolve; Product mix dilution 388 impacted revenue growth 354 • Industrials: Volumes across Woven, Non- woven and Coated products
Slide 13: Q3 expected to be relatively stronger
Q3 expected to be relatively stronger • Demand environment continues to be cautiously positive for Textiles, and healthy for AMD businesses – Major apparel brands are out of their inventory correction cycle; holiday sales will drive the sentiment going forward – Indian markets continue to see growth
Slide 14: Thank You!
Thank You!