Nandan Denim Limited · NSE:NDL
Nandan Denim — Q4 FY19 Earnings Presentation
26 slides from Nandan Denim's earnings presentation, May 28, 2019
Slide 1: Submission of Investor Presentation - Q4 & FY19 results
� Nandan On e wo r l d with d e n im 28th May, 2019 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G - Block, Dalal Street, BKC, Sandra (East), Mumbai - 400 001. Mumbai - 400 051. Scrip Code: 532641 Scrip Symbol: NDL Dear Sir, Su
Slide 2: Q4 FY19 Result Update
Q4 FY19 Result Update May 2019 NANDAN DENIM LIMITED
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the following discussion may contain “forward looking statements” by Nandan Denim Limited (“Nandan Denim”) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financia
Slide 4: Discussion Summary
DISCUSSION SUMMARY Q4 & FY19 Results About Us Annexure
Slide 5: Q4 & FY19 Results Update
> > 4 Nandan One word with denim Q4 & FY19 \ Aa 4) RESULTS UPDATE ais BSCHIRIPAL
Slide 6: FY19 Results – Financial Highlights
FY19 Results – Financial Highlights In Rs Mn REVENUES & GROSS MARGIN EBITDA & EBITDA MARGIN 31.7% 29.5% 14.2% 10.3% 15,889 2,255 14,561 1,500 FY18 FY19 FY18 FY19 PBT & PBT MARGIN PAT & PAT MARGIN 3.8% 2.2% 2.9% 1.5% 608 464 318 221 FY18 FY19 FY18 FY19 5
Slide 7: FY19 Results – Revenue Mix
FY19 Results – Revenue Mix In Rs Mn REVENUE BREAKUP – DOMESTIC Vs. EXPORTS REVENUE BREAKUP – PRODUCT WISE 7% 1,055 30% 9% 4,792 1,358 35% 5,125 6% 919 6% 928 93% 14,973 91% 13,257 64% 10,317 59% 8,562 FY18 FY19 FY18 FY19 Exports Domestic Denim Shirting Yarn, Power & Others 6
Slide 8: FY19 Performance Highlights
FY19 Performance Highlights ▪ During FY19, Nandan Denim has reported an operating revenue of Rs. 14,561 Mn Vs Rs. 15,889 Mn in corresponding period of previous financial year. ▪ Denim capacity utilisation for FY19 stood at 63% in line with industry and realisation at Rs 123/meter. ▪ FY19, Gross Marg
Slide 9: Q4 FY19 Results – Financial Highlights
Q4 FY19 Results – Financial Highlights In Rs Mn REVENUES & GROSS MARGIN EBITDA & EBITDA MARGIN 30.4% 27.8% 10.7% 9.3% 3,868 3,886 413 362 Q4 FY18 Q4 FY19 Q4 FY18 Q4 FY19 PBT & PBT MARGIN PAT & PAT MARGIN 1.6% 2.8% 0.2% 1.0% 108 41 63 8 Q4 FY18 Q4 FY19 Q4 FY18 Q4 FY19 8
Slide 10: Q4 FY19 Results – Revenue Mix
Q4 FY19 Results – Revenue Mix In Rs Mn REVENUE BREAKUP – DOMESTIC Vs. EXPORTS REVENUE BREAKUP – PRODUCT WISE 310 429 8% 11% 37% 1,482 1,364 35% 5% 212 6% 227 92% 3,678 3,457 89% 58% 2,293 59% 2,295 Q4 FY18 Q4 FY19 Q4 FY18 Q4 FY19 Exports Domestic Denim Shirting Yarn, Power & Others 9
Slide 11: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. in Mn) Q4 FY19 Q4 FY18 YoY% FY19 FY18 YoY% Revenue from Operations 3,886.0 3,868.4 0.5% 14,560.5 15,889.2 -8.4% COGS 2,805.8 2,692.6 4.2% 10,259.8 10,848.0 -5.4% Gross Profit 1,080.2 1,175.8 -8.1% 4,300.6 5,041.3 -14.7% Gross Margin % 27.8% 30.4%
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs. in Mn.) Mar-19 Mar-18 Particulars (Rs. in Mn.) Mar-19 Mar-18 Equity & Liabilities Assets Shareholder's Funds 4,915.6 4744.2 Non-Current Assets 6,557.5 7416.9 Share Capital 480.5 480.5 Fixed Assets 6,318.7 7360.7 Reserves & Surplus 4,435.1 4263.7 Capital WI
Slide 13: About Us
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Slide 14: About Us: Chiripal Group – Emerging Conglomerate
About Us: Chiripal Group – Emerging Conglomerate • Shanti Developers • Nandan Denim Ltd • Dholi Integrated • Chiripal Industries Ltd • Chiripal Industries Ltd • Shanti Educational • Chiripal Poly Films Ltd Spinning Park (Processing Division) (Chemical Division) Initiatives Limited • Viraj Integrated
Slide 15: About Us: Company Overview
About Us: Company Overview ▪ NDL is a part of a leading conglomerate, Chiripal Group, established in 1972 and is currently diversified STRONG across Textiles, Chemicals, Packaging, Infrastructure and Education. PEDIGREE ▪ NDL commenced its operations in 1994 with textile trading business and forayed
Slide 16: About Us: Integrated Denim Fabric Facility
About Us: Integrated Denim Fabric Facility FIBRE YARN FABRIC Ginned Cotton Spinning 70% of cotton requirement Spinning Capacity is met from Gujarat 141 TPD KEY HIGHLIGHTS ▪ One of the largest denim fabric facility in the world and largest in India. ▪ Machinery with latest technology from Germany and
Slide 17: About Us: Strategic Location Of Manufacturing Facilities
About Us: Strategic Location Of Manufacturing Facilities THE GUJARAT ADVANTAGE GUJARAT TEXTILE HUB OF INDIA SUPERIOR CONNECTIVITY ▪ Located in Ahmedabad, the financial ▪ Largest producer of denim fabric (65- capital of Gujarat. 70%) in India and third largest in the ▪ Superior infrastructure connect
Slide 18: About Us: Leveraging The Chiripal Group Eco-System
About Us: Leveraging The Chiripal Group Eco-System LEVERAGE CHIRIPAL GROUP ECO-SYSTEM Chiripal Industries Chiripal Chiripal Vishal Fabrics Nandan (Processing) Industries Polyfilms Shirting, Synthetic, Denim wovens, knitted, polar (Petrochemical) Thermal Films, Botton Weight, Denim fabric, fleece, fl
Slide 19: About Us: Leveraging The Chiripal Group Eco-System
About Us: Leveraging The Chiripal Group Eco-System MARKETING AND DISTRIBUTION – DOMESTIC MARKET • Leveraging the strong agent-based domestic network of the Chiripal group. • Strong pan-India network of around of more than 100 dealers & traders associated with the company for close to a decade. • Str
Slide 20: About Us: Building Global Presence
About Us: Building Global Presence Nandan Denim exports its denim fabric to over 27 countries across the globe through its strong global dealer-distribution network. 19
Slide 21: About Us: Acceptance From Leading Brands
About Us: Acceptance From Leading Brands DOMESTIC BRANDS 20
Slide 22: About Us: Acceptance From Leading Brands
About Us: Acceptance From Leading Brands GLOBAL BRANDS 21
Slide 23: Annexure
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Slide 24: Financial Summary
Financial Summary REVENUES (RS MN) EBITDA (RS MN) PAT (RS MN) 15,889 2,600 2,258 14,561 12,204 1,911 1,868 633 10,965 11,567 1,654 567 2,100 1,600 1,500 514 467 221 1,100 600 100 FY15 FY16 FY17 FY18 FY19 (400) FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 MARGIN ANALYSIS (%) LEVERAGE ANALYSIS (R
Slide 25: Operational Summary
Operational Summary DENIM FABRIC CAPACITY (MMPA) DENIM REALISATIONS (RS/METER) 82.1% 81.2% 84.0% 135.3 74.0% 132.7 131.6 132.2 63.0% 122.6 110 110 110 78.0 99 99 76.8 76.5 70.8 69.9 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 Denim Sales (Metres) Realisations Capacity Capacity Utilisation 24
Slide 26: Thank You
THANK YOU Mr. Ashok Bothra (CFO) Mr. Mitul Bhagat Email: ab@chiripalgroup.com IR Consultant Ms. Purvee Roy (CS) Email: mitul.bhagat@dickensonir.com Email:purvee@chiripalgroup.com Contact No: +91 8898214083