Axita Cotton Ltd. · NSE:AXITA
Axita Cotton — Q3 FY23 Earnings Presentation
32 slides from Axita Cotton's earnings presentation, Jan 31, 2023
Slide 1: Exchange filing cover letter
Axita Cotton Limited ISO 9001:2015 CIN No. : L17200GJ2013PLC076059 Reg. Office : Servey No. 324, 357, 358, Kadi Thol Road, Borisana Kadi, CERTIFIED GST IN : 24AALCA8092L1Z6 Mahesana-382715. Gujarat. India PAN : AALCA8092L Tele : +91 6358747514 I E-mail : cs@axitacotton.com I Website : www.axitacotto
Slide 2: Axita Cotton Limited Investor Presentation Q3 FY23
Axita Cotton Limited Investor Presentation | Q3 FY23
Slide 3: Disclaimer
Disclaimer This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute prospectus or placement memorandum or an offer to acquire any securities. N o representation or warranty, express or implied is made as to, and no reli
Slide 4: Company Overview
© AXITA ou” “COTTON LIMITED Company Overview
Slide 5: About Axita Cotton
About Axita Cotton Mission Established in 2013 Axita Cotton (ACL, The Company) is a manufacturer and exporter of We are committed to the consistent upliftment and international quality Cotton Bales & Cotton Yarn. improvement of both its products and its responsibilities towards it’s employees. Striv
Slide 6: Journey So Far
Journey So Far 2014 2016 2019 2021 2013 2015 2018 2020 2022 Commercial First Export SME IPO On BSE SME Tremendous Growth Production Shipment In Jan Platform & Achieved Organic Cotton Started 2016 Revenue Milestone Of Business Which Led ₹ 200+ Cr Sales For To Revenues To ₹ FY19 500+ Cr FY21 Incorpora
Slide 7: Business Verticals & Product Portfolio
Business Verticals & Product Portfolio Manufacturing Trading Job Work o Cotton Bales o Kapas o Ginning and o Cotton Seeds o Cotton Bales Pressing of o Cotton Seeds Kapas o Cotton Yarn SANKAR-6 MCU-5 V-797 DCH-32 J-34 Investor Presentation 6
Slide 8: Specialty Cotton
Specialty Cotton BCI works with farmers, ginners, traders, brands, retailers, and other stakeholders to promote more sustainable practices in cotton production. BCI works to reduce the environmental impact of cotton production, increase the efficiency of production, and improve the livelihoods of co
Slide 9: Specialty Cotton
Specialty Cotton Fairtrade is an international certification system that sets standards for producers in developing countries to ensure they receive a fair price for their products and that their workers are treated fairly. It also provides farmers and workers with access to credit, training, and oth
Slide 10: Presence In Global And Domestic Market
Presence In Global And Domestic Market Export Presence Domestic Presence 09 10 States Countries 1 2 6 5 6 1 3 2 2 7 2 1 5 1 4 4 1 8 9 Bangladesh 3 2 2 8 China 5 3 Indonesia 1 Haryana 0 7 6 4 Thailand Punjab 1 7 5 Vietnam Gujarat Karnataka 8 6 Europe 2 Maharashtra Telangana 9 7 Morocco 3 Rajasthan Or
Slide 11: Global Customer Base
Global Customer Base Investor Presentation 10
Slide 12: Strategically Located Manufacturing Facility
Strategically Located Manufacturing Facility 48 Ginning and Pressing Machines 87,600 MTPA Seed Cotton Investor Presentation 11
Slide 13: Production Process
Production Process Packaging, Storing & Raw Dispatch 1 Material 5 Procuremen t 2 Ginning Pressing 4 3 Cleaning Investor Presentation 12
Slide 14: Certifications, Quality Standards & Memberships
Certifications, Quality Standards & Memberships Textile Exchange Global organic textile standards Organic content standards Global Recycled standard Regenagri Fair trade cotton Cotton Association of India Federation of India a organization Gujcot trade association The cotton textiles export promotio
Slide 15: Awards, Recognition And Field Activities
Awards, Recognition And Field Activities Investor Presentation 14
Slide 16: Management Overview
© AXITA og” “COTTON LIMITED Management Overview
Slide 17: Strong Management Team
Strong Management Team Mr. Nitinbhai Patel Chairman & Managing Director o He has rich experience of 20 years in oil industries and more than 15 years in cotton industries. o He is actively involved in managing, planning and executing production process and to achieve desired targets. o He is guiding
Slide 18: Directors & KMPs
Directors & KMPs Mr. Nitinbhai Patel Mr. Kushal Patel Mr. Kunjal Soni Chairman & Managing Director Managing Director Independent Director Ms. Apeksha Vyas Mr. Harsh Shah Mr. Deepak Chaubisa Independent Director Chief Financial Officer Company Secretary Investor Presentation 17
Slide 19: Industry Overview
© AXITA ou” “COTTON LIMITED Industry Overview
Slide 20: Indian Textile Industry Overview
Indian Textile Industry Overview o India is the world’s second-largest producer of textiles and garments. It is also the sixth-largest exporter of textiles spanning apparel, home and technical products. India has a 4% share of the global trade in textiles and apparel. o The textiles and apparel indu
Slide 21: Raw Cotton Production Is Increasing
Raw Cotton Production Is Increasing Production of cotton (million bales) 38 37 37 36.5 36.2 36 35.4 35 34.5 34 33.3 33 32 31 FY17 FY18 FY19 FY20 FY21P FY22P Production of cotton (million bales) o India is the world’s largest producer of cotton. Estimated production stood at 362.18 lakh bales during
Slide 22: Cotton Is The Major Segment In Yarn And Fabric
Cotton Is The Major Segment In Yarn And Fabric Production of yarn (million kgs) Yarn Production (million square metre) 7,000 8000 5,890 7000 6,000 5,665 5,659 5,680 1,160 1,164 1,159 1,187 6000 5,000 4,762 1,426 5000 1527 1604 1616 1682 4,000 4000 1431 3,000 3000 2000 4138 4055 4064 4208 2,000 3332
Slide 23: Export Have Posted Strong Growth Over The Years
Export Have Posted Strong Growth Over The Years Textile Exports (Between April - October India's textile trade (US$ billion) Share of India’s textile exports 2021) (Between April-October 2021) 44.40 50.00 Value Commodities (US$ 45.00 1.20 4.60 million) 37.50 5.30 36.73 36.75 36.48 34.21 40.00 RMG of
Slide 24: Financial Overview
© AXITA ou” “COTTON LIMITED Financial Overview
Slide 25: Q3 FY23 Performance
Q3 FY23 Performance In ₹ Cr Particulars Q3 FY23 Q3 FY22 Y-O-Y % Q2 FY23 Revenue from Operations 130.45 168.36 -22.52% 91.64 Other Income 0.94 4.94 0.30 Total Income 131.39 173.30 91.94 Expenses 124.75 165.96 88.32 EBITDA 6.64 7.34 -9.54% 3.62 EBITDA Margin 5.05% 4.24% 3.94% Depreciation 0.32 0.14 0.
Slide 26: Key Financial Highlight
Key Financial Highlight In ₹ Cr In ₹ Cr Revenue From Operation Profitability EBITDA PAT 822.82 21.62 618.79 14.53 484.41 9.17 213.44 123.27 3.50 4.00 3.73 3.05 1.16 0.46 0.34 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Investor Presentation 25
Slide 27: Key Ratios
Key Ratios In ₹ 63.30 In % Per Share Ratio Improving Return Ratios 57.91 27.18 EPS BV RoE RoCE 38.09 39.85 18.56 30.29 15.36 16.66 13.80 19.29 17.11 7.40 13.70 4.63 1.90 2.59 1.95 0.43 0.43 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 In Times In Days 1.71 Current Ratio Net Working Capital 44 1
Slide 28: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY18 FY19 FY20 FY21 FY22 Revenues 123.27 213.44 484.41 618.79 822.82 Other Income 0.67 0.05 0.13 0.15 6.75 Total Income 123.94 213.49 484.54 618.94 829.57 Raw Material costs 117.11 203.68 458.66 525.66 761.50 Employee costs 0.96 1.24 1.91 1.96 2.1 Other ex
Slide 29: Balance Sheet
Balance Sheet In ₹ Cr Equities & Assets FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Liabilities Equity 2.50 6.55 13.10 13.10 19.66 Non Current Assets Reserves 1.34 11.25 4.98 8.72 16.82 Fixed assets 4.18 3.81 3.40 3.21 3.20 Net Worth 3.84 17.80 18.08 21.82 36.48 Other non-current 0.08 0.07 0.0
Slide 30: Revenue Breakups
Revenue Breakups In ₹ Cr In ₹ Cr In ₹ Cr FY20 Breakup FY21 Breakup FY22 Breakup 197.55 253.89 214.40 236.63 413.33 543.36 Domestic Export Sales Sales In % In % In % FY20 Country Wise Breakup FY21 Country Wise Breakup FY22 Country Wise Breakup 4% 11% 5% 11% 11% 7% 11% 28% 57% 55% 5% 27% 68% Banglades
Slide 31: Stock Data
Stock Data NSE: AXITA BSE: 542285 ISIN: INE02EZ01022 Share Holding Pattern As on 27-01-2023 As on 31-12-2022 Share Price (₹) 57.00 18.72% Promoter & Promoter Group Market Capitalization (₹ Cr) 1120.39 11.63% FPI No. of Shares Outstanding 19,65,60,000 69.65% Other Face Value (₹) 1.00 52 week High-Low
Slide 32: Thank You
Thank You Servey No. 324 357 358 Kadi Thol Road Borisana Kadi Mahesana- 382715, Gujarat Phone: +91 63587 47514 Email: cs@axitacotton.com