Kewal Kiran Clothing Limited · NSE:KKCL
Kewal Kiran Clothing — Q4 FY2017 Earnings Presentation
20 slides from Kewal Kiran Clothing's earnings presentation, 2017
Slide 1: Kewal Kiran Clothing Ltd Financial Results Review Q4 FY2017
KEWAL KIRAN CLOTHING LTD Financial Results Review – Q4 FY2017 and fiscal year ended 31.03.2017
Slide 2: Index
INDEX Contents Page No Executive summary-Financial Performance 3 Executive summary-Operating Performance 4-5 Operational Performance - Snapshot 6-7 Financial Highlights 8 Realization per garment 9 Brandwise Sales quantity and value - Apparels 10 Trend in Revenue 11 Trend in Operating Profit 12 Trend
Slide 3: Operational Performance: Q4 FY 2017 Actual
Operational Performance: Q4 FY 2017 Actual Particulars Q4 FY 2017 % of Q4 FY 2016 % of FY 2017 % of FY 2016 % of Rs crs sales Rs crs sales Rs crs sales Rs crs sales Total Revenue 130.36 100.00% 126.65 100.00% 492.44 100.00% 457.36 100.00% Operating EBITDA 32.06 24.59% 34.04 26.88% 99.67 20.24% 104.0
Slide 4: Operational Performance: Q4 and FY 2017
Operational Performance: Q4 and FY 2017 Q4 FY 2017 % of Q4 FY 2016 % of FY 2017 % of FY 2016 % of Rs crs sales Rs crs sales Variation Rs crs sales Rs crs sales Variation Net Sales 129.55 125.39 488.38 453.05 Other operating income 0.81 1.26 4.06 4.31 Total Revenue 130.36 100.00% 126.65 100.00% 0.00%
Slide 5: Financial Highlights: Q4 FY 2017
Financial Highlights: Q4 FY 2017 • Factors contributing to increase in profitability : a. Increase in realisation per garment by 7.70% as compared to corresponding quarter last year. b. Reduction in Cost of goods sold and Manufacturing expenses by 3.14% of revenue. c. Increase in other income from R
Slide 6: Trend in Revenue
Trend in Revenue Q4 FY2016-17 FY 2016-17 • Total revenue up by 2.93% • Total revenue up by 7.67% • Apparel sales value increased by 2.55% • Apparel sales value increased by 6.64% to Rs.122.66 crores to Rs.466.12 crores • Apparel sales quantity down by 4.63% • Apparel sales quantity at similar levels
Slide 7: Trend in Operating Profit
Trend in Operating Profit Q4 FY2016-17 FY 2016-17 • EBITDA lower by 5.83% at Rs. 32.06 • EBITDA lower at Rs. 99.67 crores crores • EBITDA margin stood at 20.2% • EBITDA margin stood at 24.6% 45 26.9% 30% 120.00 22.8% 25.0% 40 110.00 24.6% 25% 20.2% 20.0% 35 100.00 30 34.04 20% 104.08 32.06 90.00 99.
Slide 8: Trend in Net Profit
Trend in Net Profit Q4 FY2016-17 FY 2016-17 • PAT higher by 55.56% at Rs. 33.89 • PAT higher by 25.51% at Rs. 85.28 crores crores • PAT margin stood at 26.0% • PAT margin stood at 17.3% • Quarterly EPS at Rs. 27.5 (17.68) • FY 2017 EPS at Rs. 69.19 (55.13) 50.00 30.0% 20.0% 45.00 100.00 17.3% 18.0%
Slide 9: Balance Sheet
Balance Sheet As at Mar. 2017 As at Mar. 2016 (Rs crs) (Audited) (Audited) Share Capital 12.33 12.33 Reserves and Surplus 345.73 286.41 Shareholders' Funds 358.05 298.74 Other Long-Term Liabilities 14.40 17.14 Deferred Tax Liabilities (Net) 0.45 - Long-Term Provisions 0.08 0.13 Non Current Liabiliti
Slide 10: Ratios and Cash-flow Analysis
Ratios and Cash-flow Analysis Cash Flows (in Rs crs) FY 2017 Ratios 31.03.17 31.03.16 I. Cash Flow from Operating Activity 80.65 *Operating Profit before Working Capital Changes 101.35 Debt Equity ratio 0.11 0.10 *Adjustment for Working Capital 9.43 *Direct Taxes Paid (30.13) Current Ratio 2.90 3.27
Slide 11: Brands: Q4 FY 2016-17
Brands : Q4 FY 2016-17 • Killer continues to be the flagship Sales (Rs crs) Q4 2017 Q4 2016 % Change brand with share of 51% and sales of Rs. 66 crore Killer 66.00 60.51 9% • Easies grew by 35% Lawman 20.78 25.41 -18% Brand wise sales break up Q4 FY 2017 Integriti 30.03 29.36 2% 5% Q4 2016 48% 20% 2
Slide 12: Brands: FY 2016-17
Brands : FY 2016-17 • Revenues for Killer for the year was Sales (Rs crs) FY 2017 FY 2016 % Change up 5% to Rs. 246.73 crores • Integriti grew by 19% and had a Killer 246.73 234.41 5% share of 23% Lawman 90.50 92.95 -3% Brand wise sales break up FY 2017 Integriti 111.42 93.78 19% 3% 4% FY 2016 52% 2
Slide 13: Products: Q4 2016-17
Products : FY Q4 2016-17 • The Jeans segment showed strong Sales (Rs crs) Q4 2017 Q4 2016 % Change growth of 11% leading to a 65% share • The shirts and trousers segment Jeans 83.98 75.67 11% saw marginal declines in sales Shirts 20.24 22.84 -11% Product wise sales break up Q4 FY 2017 Trousers 10.26
Slide 14: Products: FY 2016-17
Products : FY 2016-17 • Jeans has the largest share of 64% Sales (Rs crs) FY 2017 FY 2016 % Change and has shown annual growth of 16% Jeans 313.66 270.53 16% • Shirts is the second largest product with a share of 17% and has grown by 4% Shirts 83.03 80.19 4% Product wise sales break up FY 2017 Trous
Slide 15: Channels: Q4 2016-17
Channels : Q4 2016-17 • MBOs continues to be largest Sales (Rs crs) Q4 2017 Q4 2016 % Change channel with 50% share • Sales at National Chain Stores grew MBO 65.40 63.38 3% by 46% leading to a share of 20% in sales Retail 27.29 26.42 3% Channel wise sales break up Q4 FY 2017 National Chain Stores 25
Slide 16: Channels: FY 2016-17
Channels : FY 2016-17 • MBOs have maintained the largest Sales (Rs crs) FY 2017 FY 2016 % Change share in revenues at 50% MBO 245.80 236.79 4% • National Chain Stores have grown annually by 73% Retail 102.83 107.83 -5% Channel wise sales break up FY 2017 National Chain Stores 85.53 49.57 73% 3% e-Co
Slide 17: Regional Distribution: Q4 2016-17
Regional Distribution : Q4 2016-17 • East has continued to be the Sales (Rs crs) Q4 2017 Q4 2016 % Change dominant region with 37% share and has shown a growth of 26% in sales East 46.33 36.73 26% • North grew 17% with quarterly sales of Rs. 22.61 crore West 25.58 26.47 -3% South 22.20 26.88 -17% Re
Slide 18: Regional Distribution: FY 2016-17
Regional Distribution : FY 2016-17 • Eastern Region maintains the Sales (Rs crs) FY 2017 FY 2016 % Change largest share at 36% with sales growth of 11% East 166.54 150.07 11% • The West Region has shown West 106.91 92.24 16% growth of 16% South 87.22 77.57 12% Region wise sales break up FY 2017 Nort
Slide 19: Retail stores
Retail stores Particulars COCO COMFO FOFO Total K-Lounge 2 7 178 187 Killer EBO 83 83 LawmanPg3-EBO 13 13 Integriti-EBO 44 44 LawmanPg3 cum Integriti-EBO 1 1 Easies - EBO - - Factoy Outlet 2 1 3 Total 2 9 320 331 COCO - Company Owned Company Operated COMFO - Company Owned Management Franchisee Opera
Slide 20: 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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