Slide 1: Exchange filing cover letter
LTD. ryr{ May 10, 2021 \ National Stock Exchange of lndia Limited BSE Ltd. Exchange Plaza, Department of CorPorate Services BandraKurla ComPlex Phi rozeJ eejeebhoY Towers Bandra (E), Dalal Street Mumbai - 400 051' Mumbai- 400 001 ComPanY lD - NITINSPIN ComPanY Code - 532698 Dear Sir/ Madam, pursuant
Slide 2: Nitin Spinners Limited Investors Presentation May 2021
Nitin Spinners Limited Investors Presentation May 2021
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nitin Spinners Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 4: Financial Highlights
Financial Highlights
Slide 5: Key Highlights
Key Highlights Maintained Topline and Bottom-Line growth despite pandemic times Firmly established new products i.e. Blended Yarns and finished woven fabrics Finished Woven fabrics are being supplied to well known international and domestic brands Q4 FY21 Revenue up by 34.6% YoY, owing to better rea
Slide 6: Operational Matrix – Production & Sales Volumes
Operational Matrix – Production & Sales Volumes Yarn (MT) Knitted Fabrics (MT) 61,315 63,973 7,526 7,546 7,375 47,138 49,216 48,817 48,180 7,165 40,219 41,689 6,996 6,941 6,310 6,312 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 Production Sales Production Sales Woven & Finished Fabric (Mn Mtrs) 23.48 22.
Slide 7: Growing contribution of Value-added while focusing on Core
Growing contribution of Value-added while focusing on Core FY 19-20 FY 20-21 Others Others 6% 7% Woven Fabrics Woven Fabrics 9% 15% Knitted Fabrics 11% Knitted Fabrics 11% 68% Yarn 73% Yarn 6
Slide 8: Growing contribution of Value-added while focusing on Core
Growing contribution of Value-added while focusing on Core Rs in Crores 1,624 1,438 Steady increase in sales of Yarn 1,242 1,095 over FY17-FY21 1,145 Added the value-added segment 1,055 of Woven fabrics and Finished 933 984 Fabrics in FY20 880 Achieved sales of 22.8 mn 717 183 Meters of Woven Fabric
Slide 9: Quarterly Financial Highlights
Quarterly Financial Highlights Revenue from Operations EBITDA PAT (Rs in Crs) +13.0% (Rs in Crs) +51.5% (Rs in Crs) +189.1% 1,624 257 1,438 69 +557.1% +91.5% 170 +34.6% 43 104 512 24 380 54 7 Q4FY20 Q4FY21 FY20 FY21 Q4FY20 Q4FY21 FY20 FY21 Q4FY20 Q4FY21 FY20 FY21 Gross Margin EBITDA Margin PAT Margi
Slide 10: Profit and Loss Statement
Profit and Loss Statement Particulars (Rs. Crores) Q4FY21 Q4FY20 Y-o-Y FY21 FY20 Y-o-Y Revenue from Operations 512 380 1,624 1,438 Total Revenue 512 380 34.6% 1,624 1,438 13.0% Cost Materials Consumed 304 232 972 922 Change in Inventories -23 0 -26 -2 Total Overheads 281 231 946 920 Gross Margin 231
Slide 11: Balance Sheet
Balance Sheet Particulars (Rs. Crores) FY21 FY20 FY19 FY18 FY17 Particulars (Rs. Crores) FY21 FY20 FY19 FY18 FY17 EQUITY AND LIABILITIES ASSETS EQUITY 563 494 483 417 264 Non-current assets 1,073 1,156 1,015 582 617 Equity Share Capital 56 56 56 56 46 Property, Plant and Equipment 1059 1138 523 569
Slide 12: Cash Flow Statement
Cash Flow Statement Particulars (Rs. Crores) FY21 FY20 FY19 FY18 FY17 Operating profit before working capital changes 260 172 181 158 134 Changes in working capital -89 -64 -59 -76 -65 Cash generated from Operations 171 108 123 81 69 Direct taxes paid (net of refund) (16) (10) (19) (15) (16) Net Cas
Slide 13: Historical Profit and Loss Statement
Historical Profit and Loss Statement Particulars (Rs. Crores) FY21 FY20 FY19 FY18 FY17 Revenue from Operations 1,624 1,438 1,243 1,145 933 Total Revenue 1,624 1,438 1,243 1,145 933 Cost Materials Consumed 972 922 789 714 617 Change in Inventories -26 -2 -7 13 -28 Total Overheads 946 920 781 728 589
Slide 14: Historical Financial Highlights
Historical Financial Highlights Revenue from Operations Operations EBITDA PAT (Rs in Crs) (Rs in Crs) (Rs in Crs) +15% 1,624 257 69 1,438 +18% 64 57 1,243 52 1,145 178 170 933 155 133 24 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Average ROCE Average ROE Net Worth (%)
Slide 15: Strong Operating Cash Flows
Strong Operating Cash Flows Revenue Cash Pre-Tax Operating from Flow Operations & EBITDA (Rs in Crs) 300 80% 69% 67% Pre-Tax OCF/EBITDA% 64% 70% 250 OCF & EBITDA 52% 60% 200 52% 50% 150 40% 257 30% 100 178 170 171 133 155 20% 50 123 108 69 81 10% 0 0% FY17 FY18 FY19 FY20 FY21 Pre-Tax OCF EBITDA Pre-
Slide 16: Company Overview
Company Overview
Slide 17: A Resilient Organisation
A Resilient Organisation India’s Leading manufacturer of Cotton & Blended Yarn, Knitted Fabrics, Greige and Finished Woven Fabrics Integrated operations with focus on value addition, diversified product Established in 1992 FY21 Revenue: Rs. 1624 Crs range, cost efficiency, quality and customer servi
Slide 18: Our Journey
Our Journey Completed Integrated Ring Spinning Capacity Textiles Complex at Doubled to 27,216 Expansion of Spinning Begun District, Spindles and Knitting Completed Expansion & Knitting Capacity by Chittorgarh, by setting Machines to 15 Nos. Program by Installation Installing 72,480 up 76,992 Spindle
Slide 19: Our Competitive Edge
Our Competitive Edge State-of-the-art Building Reliability across Globe manufacturing facilities Domestic Manufacturing plants located in the cotton growing belt giving logistics Achieved higher productivity and and cost advantages efficient utilization on the back of investments in R&D and cutting-
Slide 20: Cost Efficient Operating Model
Cost Efficient Operating Model Our best in-class technology and state-of-art machineries results in cost 01 efficiency, faster turn around and further enhances our efficiency quotient Our ability to reprocess the waste and use that as an input does additional 02 savings of raw material Captive solar
Slide 21: Integrated Operations – Fibre to Finished Fabrics
Integrated Operations – Fibre to Finished Fabrics Woven Spindles Knitting Woven Fabrics Finished Rotors Machines Fabrics (Greige) Fabrics Overall Production Capacity 168 30 mn 3,00,048 3,488 63 looms mtrs Yarn: 72,000 TPA 2x 1.2x 1.3x Knitted Fabrics: 8,500 TPA 1,50,096 2,936 49 Processed Woven Fabr
Slide 22: Building Strong Asset Base
Building Strong Asset Base Steadily Expanding the assets Portfolio by adding plants to focus on Value-added Products Rs in Crores Increasing contribution of 1,611 1,617 VALUE-ADDED PRODUCTS 898 910 917 CATER to INTERNATIONAL MARKETS Most of capex eligible for State Investment subsidy , leading to be
Slide 23: Wide Product Range & End-User Application
Wide Product Range & End-User Application End-User Applications Products Offerings Yarn 100% cotton and blended Ring spun The company offers a Combed and carded yarns, Open end wide range of products yarns, Compact yarns, Slub yarns, core to cater varied spun yarns, multifold yarns yarns made custom
Slide 24: Fortifying Global Presence
Fortifying Global Presence Geographical Distribution of Revenue % 55 63 64 64 68 45 37 36 36 32 2017 2018 2019 2020 2021 Export Domestic Crossed Rs. 1,000 crore turnover from Exports during the fiscal ended FY21 Strong R&D on developing value-added products combined with systematic processes and rob
Slide 25: Preferred Source to Our Customers
Preferred Source to Our Customers INDIA, A PREFFERRED PARTNER Overseas end-user textile and apparel players prefer to source their yarn and fabrics requirements from India PRESENCE IN VALUE ADDED FABRICS Our foray into the Finished Fabric segment has allowed us to tap the exciting growth prospects i
Slide 26: Fully equipped to add customer value
Fully equipped to add customer value Established and diversified client base, association with various 01 international/domestic agents Customer Base Equipped to offer designs as per 02 fashion forecast Harmonious team spirit in maintaining Design Studio good employee-employer relations 03 Team Buil
Slide 27: Our Clientele Base
Our Clientele Base Domestic International Disclaimer: The Brand Names and respective Logos mentioned are the property of their respective owners and are used here for identification purposes only 26
Slide 28: Industry Opportunities
Industry Opportunities Growth drivers for textile sector in FY2022 OUTLOOK Evolving Market Landscape and Business Dynamics Availability of Raw Materials, India has advantage of abundant availability of Raw materials i.e., Cotton and Manmade fibers at international competitive prices. This will Pent
Slide 29: Accreditations
Accreditations Our Quality Certifications The company is having all quality certification as per International Standards The company has also been certified by OEKOTex, Global Organic Textile Standard (GOTS) which prescribes standards for the processing of fibres from certified organic agriculture T
Slide 30: Awards and Recognitions
Awards and Recognitions Texprocil Awards Other Recognitions Silver plaque for the second highest exports of Cotton Yarn counts “UCCI Excellence Award” by Udaipur Chamber of Commerce & 50s and above for the year 2018-19 Industry under the “Large Manufacturing Enterprise” category in year 2017, 2018 a
Slide 31: Experienced Promoter Group
Experienced Promoter Group Mr. R. L. Nolkha Mr. Dinesh Nolkha Mr. Nitin Nolakha Senior professional with FCA, FCS & FCMA Professionally Qualified with FCA & A Management graduate with more Qualifications with more than 45 years of in- FCMA with about 29 Years of Industrial than 20 Years of Industria
Slide 32: Responsible Corporate Citizenship
Responsible Corporate • Construction of Construction of toilets • Contribution Contribution to Installation of energy- Promoting education of as a part of Swachh towards COVID Confederation of efficient equipment. Women hospital differently-abled Bharat Abhiyan relief Textiles industries (CTI) Zero
Slide 33: Contributing to Sustainable Development Goals
Contributing to Sustainable Development Goals Contributing to the Sustainable Development Goals adopted by all the UN Member 4. States in 2015, as a part of the 2030 Agenda for Sustainable Development 32
Slide 34: Way Forward…
Way Forward… CONSOLIDATION Consolidate our existing products and capacities TOPLINE GROWTH Strive to maintain topline growth momentum by optimizing capacity utilisation and continue to add value-added products GROWTH OPPORTUNITIES Debottlenecking of existing manufacturing facilities to increase prod
Slide 35: For further information, Please Contact
For further information, Please Contact: Company: Investor Relation Advisors: CIN: L17111RJ1992PLC006987 CIN: U74140MH2010PTC204285 Mr. P Maheshwari- CFO Akashi Modi / Vinit Vora pmaheshwari@nitinspinners.com akashi.modi@sgapl.net / vinit.vora@sgapl.net +91 96198 96128 / +91 98190 68322 www.nitinspi