Kewal Kiran Clothing Limited · NSE:KKCL
Kewal Kiran Clothing — Q2 FY2017 Earnings Presentation
16 slides from Kewal Kiran Clothing's earnings presentation, 2016
Slide 1: Kewal Kiran Clothing Ltd Financial Results Review Q2 FY2017
KEWAL KIRAN CLOTHING LTD Financial Results Review - Q2 FY2017 and H1 ended 30.09.2016
Slide 2: Operational Performance: Snapshot
Operational Performance: Snapshot Q2 FY2017 Q2 FY 2016 FY2016-17 FY2015-16 Growth Rs crs % of sales Rs crs % of sales Rs crs % of sales Rs crs % of sales Total revenue 155.31 100.00% 142.17 100.00% 263.58 100.00% 234.57 100.00% 12.37% Operating EBITDA 36.85 23.73% 37.64 26.49% 56.22 21.33% 52.86 22.
Slide 3: Operational Performance: Q2 and H1 FY 2017
Operational Performance: Q2 and H1 FY 2017 Q2 FY 2016 % of Q2 FY 2015 % of H1 FY 2016 % of H1 FY 2015 % of Rs crs sales Rs crs sales Variation Rs crs sales Rs crs sales Variation Net Sales 153.89 141.05 260.89 232.29 Other operating income 1.43 1.12 2.69 2.29 Total Revenue 155.31 100.00% 142.17 100.
Slide 4: Financial Highlights: Q2 FY 2017
Financial Highlights: Q2 FY 2017 • Factors contributing to increase in profitability : a. Increase in apparel realisation per garment by 8.49% as compared to corresponding quarter last year. b. Increase in other income by 6.76crs as compared to corresponding quarter last year c. Reduction in cost of
Slide 5: Trend in Revenue
Trend in Revenue Q2 FY2016-17 H1 FY2016-17 • Total Revenue up by 9.24% • Total Revenue up by 12.37% • Apparel sales value up by 7.78% to Rs. • Apparel sales value up by 10.31% to 149.13 crores Rs. 250.43 crores • Apparel sales quantity steady at • Apparel sales quantity up by 1.59% similar levels •
Slide 6: Trend in Operating Profit
Trend in Operating Profit Q2 FY2016-17 H1 FY2016-17 • EBITDA down by 2.08% • EBITDA up by 6.35% • EBITDA margin stood at 23.73% • EBITDA margin stood at 21.33% 50 26.5% 30% 45 70.00 22.5% 25% 65.00 24.5% 40 23.7% 21.3% 60.00 35 20% 37.64 36.85 55.00 19.5% 30 50.00 56.22 25 15% 45.00 52.86 20 14.5% 1
Slide 7: Trend in Net Profit
Trend in Net Profit Q2 FY2016-17 H1 FY2016-17 • PAT up 22.31% to Rs. 29.50 crores • PAT up by 18.64% to Rs. 42.11 crores • PAT margin higher at 19% • PAT margin higher at 16% • Quarterly EPS at Rs. 23.94 (19.57) • H1 EPS at Rs. 34.17 (28.80) 50.00 18.0% 35.00 20.0% 17.0% 19.0% 45.00 16.0% 16.0% 30.0
Slide 8: Balance Sheet
Balance Sheet (Rs crs) As at Sept. 2016 (Audited) As at Mar. 2016 (Audited) Share Capital 12.33 12.33 Reserves and Surplus 328.52 286.41 Shareholders' Funds 340.85 298.74 Other Long-Term Liabilities 17.92 17.14 Long-Term Provisions 0.14 0.13 Non Current Liabilities 18.06 17.27 Short-term borrowings
Slide 9: Ratios and Cash-flow Analysis
Ratios and Cash-flow Analysis Ratios Q2 FY2017 Q2 FY2016 Cash Flows (in Rs crs) H1 FY2017 I. Cash Flow from Operating Activity (1.66) Debt Equity ratio 0.12 0.10 *Operating Profit before Working Capital Changes 58.32 Current Ratio 3.40 3.05 *Adjustment for Working Capital (42.93) *Direct Taxes Paid
Slide 10: Brands
Brands Sales (Rs crs) Q2 2017 Q2 2016 % Change • Killer continues to be the flagship brand with share of 51% Killer 78.35 71.78 9% • Integriti Sales up by 12% to Rs. 33.72 crores Lawman 30.84 32.04 -4% Brand wise sales break up Q2 FY 2017 Integriti 33.72 30.15 12% 2% Q2 2016 51% 23% 21% 3% Easies 6.
Slide 11: Products
Products Sales (Rs crs) Q2 2017 Q2 2016 % Change • Jeans showed strong growth of 20% and had increased its share to 67% • Trousers sales grew by 7% Jeans 102.92 85.96 20% Shirts 24.43 25.61 -5% Product wise sales break up Q2 FY 2017 5% Trousers 12.32 11.46 7% Q2 2016 61% 18% 8% 8% T-Shirts 6.20 7.40
Slide 12: Channels
Channels Sales (Rs crs) Q2 2017 Q2 2016 % Change • MBO continues to be the largest seller with 52% share MBO 80.22 80.38 -0.2% • National Chain Stores & E-commerce Channels showed strong growth of Retail 33.71 33.98 -1% 89% and 175% respectively Channel wise sales break up Q2 FY 2017 National Chain
Slide 13: Regional Distribution
Regional Distribution Sales (Rs crs) Q2 2017 Q2 2016 % Change • Eastern region retains the largest share at 38% East 55.99 57.23 -2% • Southern and Western regions showed strong growth of 41% and West 32.39 24.17 34% 34% respectively South 28.06 19.86 41% Region wise sales break up Q2 FY 2017 North
Slide 14: Key developments
Key developments The Board of Directors have recommended a interim dividend of Rs.9 per equity share of Rs.10 each for the period ended 30th Sep 2016, the record date for the payment is 9th Nov, 2016. Advertisement and branding initiatives:- • Killer and LawmanPg3 have purchased On Ground Advertisin
Slide 15: Retail stores
Retail stores Particulars COCO COMFO FOFO Total K-Lounge 2 10 170 182 Killer EBO 84 84 LawmanPg3-EBO 12 12 Integriti-EBO 46 46 LawmanPg3 cum Integriti-EBO 1 1 Easies - EBO 1 1 Factoy Outlet 2 1 3 Total 2 12 315 329 COCO - Company Owned Company Operated COMFO - Company Owned Management Franchisee Ope
Slide 16: 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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