Slide 1: Kitex Garments Limited - Presentation to Stock Exchanges
Kitex Garments Limited (L18101KL1992PLC006528) P. B. No. 5, Kizhakkam balam - 68356 2, Alwaye, Kochi, Kerala Ph one: 9 1 484 4142000, Fa x: 91 484 2680604 Email: k gl@kitexgarme nts. com website: www .kitexgarments.com th Ref No .: KGL/FY 2018-19/169 _BM _Inves to rs_P rese ntation August 13, 2018 T
Slide 2: Meeting of the Board of Directors Outcomes
Kitex Garments Limited Meeting of the Board of Directors Outcomes 13 August 2018
Slide 3: Financial performance
Financial performance The financial results for the quarter ended on 30th June 2018 (Q1) and estimates for the year were reviewed by the Board. Summary of the financial performance of Q1* is shown below: 199.24 200.00 179.93 Estimate 162.58 Actual* 151.39 (in INR crores) (in INR crores) 145.88 150.0
Slide 4: Appointment of Chief Financial Officer
Appointment of Chief Financial Officer ¤ The Board has approved the appointment of Mr. Krishnaraj S (Chartered Accountant), to the position of CFO and KMP of the Company. ¤ The CFO will be joining the company by 01 Oct, 2018. Mr. Krishnaraj, is a Chartered Accountant by profession and has 13 years o
Slide 5: Kitex Roadmap: 2025
Kitex Roadmap: 2025 The growth strategy elements: Revenue Horizontal product enhancement diversification 1 2 Ø The Strategic Roadmap for 2025 prepared by KPMG was reviewed by the Board Ø The 7-year growth plan and forecast were discussed and adopted 3 4 Capacity Vertical augmentation integration
Slide 6: Investment Proposal
Investment Proposal ¤ In line with the 2025 Roadmap, a total investment of INR 910 crores is approved and the same is to be spent over the next 7 years in Kitex Garments Limited and its wholly owned subsidiaries. 2018 - 19 INR 140 Cr (This includes the INR 241 Cr and INR 400 Cr approved earlier out
Slide 7: Estimated turnover for KGL
Estimated turnover for KGL KGL Growth plan: 2018-19 to 2024-25 Description 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 Projected Turnover 559.93 672.39 810.73 989.61 1,210.43 1,479.98 1,823.54 2,165.07 (in INR crores) Growth % 20.09% 20.57% 22.06% 22.31% 22.27% 23.21% 18.73% PROJ
Slide 8: Additional Plans
Additional Plans The Board has requested KPMG to assist with the evaluation of the additional expansion plans: Spinning unit Socks manufacturing Diaper manufacturing Wet tissue manufacturing
Slide 9: Thank you
Thank you