Slide 1: Corporate Briefing Session
1 CORPORATE BRIEFING SESSION For the Year ended June 30th 2024
Slide 2: Disclaimer
2 Disclaimer • This presentation has been prepared by Interloop Limited for information purposes only. No representation or warranty express or implied is made thereto and no reliance should be placed on the fairness, accuracy, sufficiency, completeness or correctness of the information or any opini
Slide 3: Contents
3 Contents About Our Our Us Mission Vision Responsible Key Future Partner Highlights Outlook
Slide 4: About Us
4 About Us Hosiery ~ 873 million pairs of Socks annual production capacity Our mission is to be an agent of positive change for the stakeholders and community by pursuing an ethical and sustainable business. Denim Apparel 7 million ~ 34 million With a diverse and passionate team of 34,000+ Garments
Slide 5: Interloop at a Glance
Interloop at a Glance 5 6 44% Incorporated on 25th April 1992 with a Countries of Topline CAGR over 2020- fleet of 10 knitting machines. Operation 2024 Publicly listed on 5th April 2019, raising ~PKR 5 Billion, the largest IPO on PSX at LARGEST LISTED 34,000+ that point. Textile company on Pakistan
Slide 6: Responsible Partner
6 Responsible Partner Lead the way in responsible manufacturing meeting the highest standards of environmental and social performance. 4% Profit 25% GHG 25% Water 70% 30% 100% Diversion Investment in Emissions Consumption Sustainable Diverse of Waste Community Reduction Reduction Materials Workforce
Slide 7: Responsible Partner (customer logos)
Responsible Partner ce a. pum’ © HUGO BOSS TARGET cues EY AM —scvwsuark MgS TESCO “WA carter’s BESTSELLER PRIMARK’
Slide 8: Our Vision
Our Vision 2025 To Become a Full Family Clothing Partner of Choice HOW WE’LL DO IT PEOPLE cae) A diverse, inclusive and engage mA creating a high performing orgai DIGITAL TRANSFORMATION Drive efficiencies through digitalization and provide transparency to our customers with real time information AGI
Slide 9: Textile Sector of Pakistan
9 Textile Sector of Pakistan 7th 8th 3rd CAGR: 7% LARGEST LARGEST EXPORTER OF LARGEST YARN PRODUCER vs ILP 26% PRODUCER OF TEXTILES IN ASIA IN THE WORLD COTTON 19 USD’B 17 17 • Textile exports posted a 4-year CAGR of 7% over FY’20-FY’24 (ILP CAGR: 26%) 15 • During FY’24, textile sector exports remai
Slide 10: FY'24 Key Highlights
10 FY’24 Key Highlights • Strategic cross border acquisition - Top Circle People Award by Adidas • Leading exporter of country with USD529M exports (FY’23: In recognition of its commitment to a USD421M) people-first approach, People Award • Sustained high double digit sales growth of 31% for 2nd con
Slide 11: Key Financial Highlights
11 Key Financial Highlights Indicators UoM FY’24 FY’23 FY’22 Net Sales PKR’B 156 119 91 Gross Profit PKR’B 44 40 26 Net Profit PKR’B 16 20 12 Gross Profit % 27.9 33.5 28.7 Net Profit % 10.1 16.9 13.6 Cash Dividend per Share – Declared PKR 4.5 5.0 4.0 Bonus Issue [Per 100 Share] % 0 50 4.0 Earnings p
Slide 12: Key Financial Highlights
12 Key Financial Highlights Sales (PKR’B) EBITDA (PKR’B) Net Profit (PKR’B) 44% 58% 72% 156 32 30 20 119 6% 16 31% 91 18 12 22% 55 10 6 36 5 2 FY'20 FY'21 FY'22 FY'23 FY'24 FY'20 FY'21 FY'22 FY'23 FY'24 FY'20 FY'21 FY'22 FY'23 FY'24 ILP’s sales has grown at a 4-year ILP’s EBITDA has grown at a 4-yea
Slide 13: Key Performance Ratios
13 Key Performance Ratios Return on Equity (%) Current Ratio (Times) Gearing Ratio (%) 46% 63% 41% 1.3 60% 31% 26% 1.2 58% 56% 56% 1.1 1.1 1.1 10% FY'20 FY'21 FY'22 FY'23 FY'24 FY'20 FY'21 FY'22 FY'23 FY'24 FY'20 FY'21 FY'22 FY'23 FY'24 ILP achieved ROE of 26% during FY’24. ILP has maintained a heal
Slide 14: Region-wise Sales Breakup
14 Region-wise Sales Breakup FY’23 FY’24 Asia & Others Asia & Others 11% 16% United States 47% United States 50% Europe 39% 33% Europe 37% Note: Regional breakup based on Customers’ registered location base
Slide 15: Capacity Utilization
15 Capacity Utilization Utilization improved in FY’24 as our multi-category strategy led us sustain the value growth. FY'24 FY'23 82% Hosiery 70% 44% Apparel 29% 88% Denim 71% 77% Yarn Dyeing 71% 92% Spinning 82%
Slide 16: Future Outlook
Future Outlook INTERLO?
Slide 17: Apparel Project Update
Apparel Project Update 17 • 200 acres large apparel park with multi-category facility. • Infrastructure spread over 1.3M Sq. ft of covered area. Sustainability • Clean energy with10 MW solar and bio-mass based boilers • LEED Platinum certification • Water recycling plant with 20m3 recycling capacity
Slide 18: Capex Projects in Pipeline
18 Capex Projects in Pipeline Project Project Budget Expected Completion Capacity Plant 6 USD 58.0 M Qtr 1 FY’26 1,584 Knitting Machines Denim Expansion USD 18.8 M Qtr 4 FY’26 20 Additional Lines Yarn Dyeing Expansion USD 13.2 M Qtr 1 FY’26 20 Metric Tons Renewable Energy USD 2.1 M Qtr 3 FY’25 4.6 M
Slide 19: Challenges
19 Challenges • Fragile geopolitical landscape and tensions on the key international shipping routes to affect global supply chain. • Higher inputs cost while USD/PKR parity drop from 290 to 278. • Normal Tax Regime from previous Final Tax Regime. • Doubling of advance tax on remittances from 1% to
Slide 20: Q&A
Q3A INTERL@?
Slide 21: Thank You
Thank You INTERLGY