Sportking India Ltd. · NSE:SPORTKING
Sportking India — Q1 FY25 Earnings Presentation
31 slides from Sportking India's earnings presentation, Jul 24, 2024
Slide 1: Sportking India Ltd. exchange filing cover letter
Sp~rt"iqg INDIA LTD. (Govt. Recognised Four Star Export House) - Regd.&CorporateOffice: Vill. Kanech, Near Sahnewal, G.T. Road, Ludhiana-141120 Ph. (0161) 2845456 to 60 Fax: 2845458 Admn. Office : 178, Col. Gurdial Singh Road, Civil Lines, Ludhiana-141001 Ph. (0161) 2770954 to 55 Fax: 2770953 E-mail
Slide 2: Investor Presentation – July 2024
SPORTKING INDIA LTD. Investor Presentation – July 2024
Slide 3: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sportking India Ltd (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Q1 FY25 - Financial Performance
Q1 FY25 - Financial Performance
Slide 5: Quarterly Highlights
DELIVERED CONSISTENT FINANCIAL PERFORMANCE (Q1 FY25) Revenue from Export Businesses Revenue from Operations* 17.7% (Rs. in crores) Rs. 634 crores +16% Quarterly Highlights 290 251 250 GROSS PROFIT EBITDA Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Rs. 154 crores Rs. 74 crores Margin at 24.3% Margin at 11.6% Q1
Slide 6: Q1 FY25 Operational Performance
Q1 FY25 OPERATIONAL PERFORMANCE Yarn Production and Sales Volumes Capacity Utilisation +15% 96% 96% 96% +10% 95% 21.7 20.7 21.0 20.7 20.7 21.0 20.3 20.0 Best-in-class capacity utilisation levels 18.5 94% 17.4 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Revenue Contribution by Geography 53% 48% 52% 53% 5
Slide 7: On Path to Margin Recovery
ON PATH TO MARGIN RECOVERY Triggers for Margin Recovery 25% 24.0% 24.3% ❖ Demand in key markets 22.7% 22.4% 22.0% showing signs of improvement 20% ❖ Pickup in Domestic Market from second half of Q3 FY24 18.8% 15% ❖ Demand rising from segments such as Weaving and Denim. 11.6% 10.4% 11.0% Demand from
Slide 8: Q1 FY25 Financial Performance
Q1 FY25 FINANCIAL PERFORMANCE Revenue from Operations (Rs. in Crs) EBIDTA (Rs. in Crs) PAT (Rs. in Crs) +18% +48% +75% 611 634 74 32 67 539 50 23 18 Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 PAT Gross (Rs. Profit in Crs) % EBITDA % PAT % +232 bps +240 bps +165 bps 24.0%
Slide 9: Q1 FY25 Profit & Loss Statement
Q1 FY25 PROFIT & LOSS STATEMENT Profit & Loss statement (Rs. in Crs) Q1 FY25 Q1 FY24 Y-o-Y Q4 FY24 Q-o-Q FY24 Revenue from Operation 634.0 538.9 17.7% 611.2 3.7% 2377.1 Raw Material Cost 450.5 412.0 415.2 1702.6 Purchase of Finished goods 0.2 0.4 0.0 0.8 (Increase) / Decrease In Stocks -7.6 -28.4 10
Slide 10: Business Overview
Sportking Business Overview
Slide 11: Overview
OVERVIEW Established in 1989 Presence in 30+ countries Owns 3 State of the art Committed to create High manufacturing facilities Quality end products Compliance with Diversified Product International Quality Range recognition standards Manufacturing facilities with Recognised Four Star Modern Techno
Slide 12: Journey So Far
JOURNEY SO FAR Successful expansion at Bathinda Unit adding 68K+ spindles with state-of-the-art plant for Setting up of a Dye manufacturing of cotton compact House for dyeing/ yarn achieving a total overall processing of textile spinning capacity 274K+ spindles. Installed 6K+ yarn fibers Spindles fo
Slide 13: Business Strengths
BUSINESS STRENGTHS Product Range 04 Competitive Prices Well diversified range of products Sportking enjoys price leadership suitable for use in manufacture of status in all of the market segments woven and knitted fabrics for due to its ability to supply high quality summer and winter wear products
Slide 14: Presence Across the Globe
PRESENCE ACROSS THE GLOBE Geography Wise Revenue Break-up Q1 FY25 53% Rs. 290 47% crores Domestic International Global footprint We are representing spanning 39 countries. India on a world As a recognition of our stage with average export contributions, exports worth more MCI has upgraded us to a ‘F
Slide 15: Manufacturing Facilities & Capacities
MANUFACTURING FACILITIES & CAPACITIES Units Manufacturing Installed Capacities Acrylic/Blended Acrylic Unit I - Spinning Unit Polyester Yarn/ Blended 65,904 Spindles Polyester Cotton yarn Support to Unit No. I & III for their synthetic Unit II - Dye House 15-20 MTPD fibre/ yarn dyeing processing Com
Slide 16: Technological Edge
TECHNOLOGICAL EDGE ▪ Technologically advanced machineries to support our manufacturing infrastructure ▪ Robust control practices in place to ensure consistent quality of our products ▪ Use of modern testing instruments such as: ₋ HVI ₋ AFIS ₋ Uster Classimat ₋ Uster Tensest ₋ Uster Hairiness tester
Slide 17: Strategic Advantages
STRATEGIC ADVANTAGES Rail & Roads: Helps in better connectivity with other parts of India. Inland Container Depot(ICD): ICD at Bathinda/Ludhiana for import/export clearances & regular road transport/train service availability between company’s unit/ICD and different seaports. Concentrated Production
Slide 18: Product Range
PRODUCT RANGE 100% Cotton Yarns ▪ 100% cotton combed compact yarns in normal and sublime quality for knitting and weaving ▪ 100% cotton combed compact slub ▪ 100% cotton combed Eli twist Polyester/Cotton Blended Yarns ▪ Polyester/cotton combed yarns ▪ Polyester/ cotton Melange yarns Fancy Yarns ▪ Ja
Slide 19: Sales & Marketing
SALES & MARKETING Focus on excellence Focus on delivering best & premium quality products to most quality conscious brands and customers. Customer Driven Innovation As a result of changing trends in both domestic & international markets accompanied with customer centric approach, our innovation init
Slide 20: Marquee Customers
MARQUEE CUSTOMERS The brand names mentioned are the property of their respective owners and are used here for identification purpose only 19
Slide 21: Board of Directors
BOARD OF DIRECTORS Munish Avasthi Naresh Jain Prashant Kochhar Sandeep Kapur Harpreet Kaur Kang Anjali Avasthi Chairman & Managing Executive/Whole Non-Executive Non-Executive Independent Non-Executive Non-Executive Non Director Time Director Independent Director Director Independent Director Indepen
Slide 22: Management Team
MANAGEMENT TEAM • Sandeep Sachdeva is a Qualified Chartered Accountant & Company Secretary with experience of more than 22 years in Sandeep Sachdeva accounting & finance, trading, banking industries covering, handling of Direct and Indirect taxation and various other Chief Financial Officer matters
Slide 23: Certificates & Compliances
CERTIFICATES & COMPLIANCES Recycled Claim Standard 2.0 Global Organic Textile Standard 6.0 Organic Content Standard 3.0 Oeko-Tex Standard 100 Fairtrade ISO 9001 2015 Global Recycle Standard 4.0 Cotton Made In Africa (CMIA) Higg Index The logos mentioned are the property of their respective owners an
Slide 24: Sector Outlook
Sector Outlook
Slide 25: Indian Textile Sector - Ready for a Transformation
INDIAN TEXTILE SECTOR- READY FOR A TRANSFORMATION India’s textiles sector is at an inflection point The sector can act fast and grab the huge opportunity opening up due to a change in global textile trade patterns. While the opportunity is huge, the government and the industry need to act in coordin
Slide 26: Government Support to Textile Sector
GOVERNMENT SUPPORT TO TEXTILE SECTOR Textile Cluster Development Free Trade Agreements Scheme (TCDS) 01 o Recent FTAs signed between India and UAE, 05 ECTA signed between India and Australia The Indian Textile Ministry is implementing the Textile Cluster Development Scheme (TCDS) from o India is cur
Slide 27: Annexure
Annexure
Slide 28: Capacity Built-up Over the Years
CAPACITY BUILTUP OVER THE YEARS Continuous capacity addition to support robust growth in our business 3,78,576 63,072 40,800 68,256 -6,520 34,464 Closure of a 24,480 unit(Small capacity) 52,800 28,800 23,232 12,096 17,856 6,520 12,720 1994 1996 1998 2006 2007 2011 2012 2013 2014 2014 2019 2022 2023
Slide 29: Historical Financial Charts
HISTORICAL FINANCIAL CHARTS Revenue from Operations (Rs. in Crs) EBITDA (Rs. in Crs) PBT (Rs. in Crs) +9.7% +22.1% +15.4% 2,377 596 547 2,154 2,205 1,355 1,306 1,160 279 211 205 219 129 136 140 96 29 18 FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY24 FY18 FY20 FY21 FY22 FY23 FY24 PAT (Rs
Slide 30: Historical Profit & Loss Statement
HISTORICAL PROFIT & LOSS STATEMENT Profit & Loss statement (Rs. in Crs) Mar’24 Mar’23 Mar'22 Mar'21 Mar'20 Mar'19 Revenue from Operation 2377 2,205 2,154 1,306 1,355 1,161 Raw Material Cost 1703 1,558 1,181 785 901 756 Purchase of Finished goods 1 1 0 0 1 1 (Increase) / Decrease In Stocks 1 -15 -14
Slide 31: Thank You
Thank You Sportking India Limited CIN: L17122PB1989PLC053162 Mr. Devansh Dedhia +91 9930147479 Mr. Lovlesh Verma Devansh.dedhia@linkintime.co.in 01612845456 Mr. Irfan Raeen cs@sportking.co.in +91 9773778669 www.sportking.co.in Irfan.Raeen@linkintime.co.in