Faisal Spinning Mills Limited · PSX:FASM

Faisal Spinning Mills — Investor Presentation (November 2022)

23 slides from Faisal Spinning Mills's investor presentation, November 2022

  1. Slide 1: Faisal Spinning Mills Limited Corporate Briefing Session - 2022

    FAISAL SPINNING MILLS LIMITED Corporate Briefing Session - 2022 1

  2. Slide 2: Table of Contents

    Table of Contents Preamble Corporate Information Group Structure Economic Environment & Challenges for Textile Sector Key Performance Indicators Financial Performance Historical Data Question and Answers 2 Thankyou Note

  3. Slide 3: Disclaimer

    Disclaimer The Corporate Briefing Session presentation is prepared by Faisal Spinning Mills Limited is exclusively for the discussion purpose with the participants only. Any expression, information, statement or representation made during the discussion shall not be infer by any investor or potentia

  4. Slide 4: Preamble

    Preamble Established in 1985, the Faisal Spinning Mills Limited has its registered office in Karachi and it’s operating under the Umbrella of Umer Group of Companies. The company is quoted of Pakistan Stock Exchange “PSX” and engaged in spinning , weaving , finishing and home textiles. The spinning

  5. Slide 5: Corporate Information

    Corporate Information Incorporation The company Faisal Spinning Mills Limited established in January 1985. Symbol FASM Legal Status Public Limited Company. Capital Authorized Capital - 120,000,000 Issued Paid-up Capital - 100,000,000 (Ordinary Share of Rs. 10 each) Associated Undertakings Bhanero Te

  6. Slide 6: Registered and Liaison Office, Manufacturing Units, Credit Rating

    Registered and Liaison Office Registered office of the company is located at Umer House, 23/1, Sector 23, K.I.A , Karachi. Liaison office of the company is located at City Towers, Main Boulevard, Gulberg-II, Lahore. Manufacturing Units i) Spinning Unit I with an installed capacity of 38,208 spindles

  7. Slide 7: Board of Directors

    Board of Directors Sr Names of Directors Designation 1 Mr. Mohammad Salim Director / Chairman 2 Mr. Muhammad Shaheen Director 3 Mr. Hamza Shakeel Director 4 Mr. Khurrum Salim Director 5 Mr. Bilal Sharif Executive Director / CEO 6 Mr. Muhammad Amin Director 7 Mr. Tauqeer Ahmed Sheikh Independent Dire

  8. Slide 8: Categories of Shareholders as at June 30, 2022

    FAISAL SPINNING MILLS LIMITED CATEGORIES OF SHAREHOLDERS AS AT JUNE 30, 2022 NUMBERS OF SR # CATEGORIES OF SHAREHOLDERS SHARES HELD PERCENTAGE % SHAREHOLDERS Director's, CEO, Their Spouse and Minor 1 17 3,908,279 39.08 Children Associated Companies, Undertaking and 2 16 5,011,921 50.12 Related Parti

  9. Slide 9: Free Float of Shares

    Faisal Spinning Mills Limited Free Float of Shares As on June 30, 2022 Total outstanding shares 10,000,000 Less : Shares held by Directors /Sponsors 7,637,200 Government holding as Promoter /Acquirer /Controller Shares held by Associated Undertakings 1,282,900 Shares held with General Public 157,400

  10. Slide 10: Group Structure

    Group Structure Textiles Leather Bhanero Textile Mills Ltd Firhaj Footwear (Pvt) Limited Spinning Unit I Footwear Retailing - Unit I Spinning Unit II Footwear Manuf. - Unit II Weaving Unit III Leather Garment - Unit III Spinning Unit IV - (April 2023) Dairy Faisal Spinning Mills Ltd Umer Farms (Pvt)

  11. Slide 11: Economic Environment & Challenges for Textile Sector

    Economic Environment & Challenges for Textile Sector The company’s performance is remarkable during the current year where it generated the revenue of PKR 32,074.370 million (FY 21:PKR 17,065.186 million) showing an exceptional increase in sales revenue by almost 88 percent as compared to correspond

  12. Slide 12: Key Performance Indicators

    Key Performance Indicators 12

  13. Slide 13: Statement of Financial Position as at June 30, 2022

    Statement of Financial Position as at June 30, 2022 Assets - (PKR in Millions) Equity & Liabilities - (PKR in Millions) 18,000 14,000 12,469 16,000 15,285 12,000 14,000 10,000 11,949 12,000 8,588 8,591 10,114 8,000 10,000 7,920 6,174 8,000 5,746 6,000 6,000 4,000 3,699 4,000 2,000 2,000 - - Non-Curr

  14. Slide 14: Statement of Profit or Loss

    Faisal Spinning Mills Limited Statement of Profit or Loss For the Year Ended June 30, 2022 June 30, 2022 June 30, 2021 Restated PKR PKR Sales 32,074,369,748 17,065,185,921 Cost of sales 25,701,983,801 14,576,409,796 Gross profit 6,372,385,947 2,488,776,125 Other income 73,383,339 828,298,308 6,445,7

  15. Slide 15: Turnover (PKR in Millions)

    Turnover (PKR in Millions) 32,074 35,000 30,000 25,000 17,065 14,896 20,000 14,029 11,843 10,564 15,000 10,000 5,000 - 2022 2021 2020 2019 2018 2017 Turnover (Net) 32,074 17,065 14,896 14,029 11,843 10,564 15

  16. Slide 16: PBT and PAT - %

    PBT and PAT - % 16.00% 14.00% 12.00% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% 2022 2021 2020 2019 2018 2017 Profit before tax (%) 14.73% 14.89% 4.63% 7.86% 6.09% 4.68% Profit after tax (%) 12.78% 13.48% 3.52% 6.55% 4.88% 4.08% Profit before tax (%) Profit after tax (%) 16

  17. Slide 17: Shareholder Equity

    Shareholder Equity (PKR in “000”) 14,000,000 12,000,000 10,000,000 8,000,000 12,469,372 6,000,000 4,000,000 8,588,498 5,831,060 5,280,827 2,000,000 4,575,102 4,171,012 - 2022 2021 2020 2019 2018 2017 17

  18. Slide 18: Breakup & Market Value of Share

    Breakup & Market Value of Share Breakup value per share Market value of share 1,246.94 1,400.00 1,200.00 858.85 1,000.00 800.00 583.11 528.08 457.51 450.00 600.00 420.00 417.10 300.00 289.13 251.00 237.50 400.00 200.00 - 2022 2021 2020 2019 2018 2017 18

  19. Slide 19: Cash Dividend

    Cash Dividend - PKR in (“000”) 250,000 200,000 150,000 214,500 100,000 214,500 232,000 150,000 185,000 50,000 172,500 - 2022 2021 2020 2019 2018 2017 2022 2021 2020 2019 2018 2017 Cash dividend 214,500 214,500 150,000 185,000 232,000 172,500 19

  20. Slide 20: Historical Data

    Historical Data Faisal Spinning Mills Limited For the year ended June 30, 2022 Year-Wise Operating Data 2022 2021 2020 2019 2018 2017 Spinning Unit Spindle installed 38,208 38,208 38,208 38,208 38,208 38,208 Spindles worked - Average 38,208 38,208 38,208 38,208 38,208 38,208 Installed capacity after

  21. Slide 21: Year-Wise Financial Data

    Year-Wise Financial Data 2022 2021 2020 2019 2018 2017 Rupees in Thousands Profit and loss account Turnover (Net) 32,074,370 17,065,186 14,895,550 14,028,566 11,842,981 10,563,662 Gross profit 6,372,386 2,488,776 1,410,283 1,884,038 1,308,462 1,046,982 Operating profit 4,540,496 2,440,270 858,601 1,

  22. Slide 22: Ratios

    Ratios 2022 2021 2020 2019 2018 2017 Performance Sales growth percentage - Year to Year basis 87.95% 14.57% 6.18% 18.45% 12.11% 13.81% Gross profit (%) 19.87% 14.58% 9.47% 13.43% 11.05% 9.91% Profit before tax (%) 14.73% 14.89% 4.63% 7.86% 6.09% 4.68% Profit after tax (%) 12.78% 13.48% 3.52% 6.55% 4

  23. Slide 23: Question & Answers Session

    Question & Answers Session The honorable guest and shareholders of the company are requested to proceed for question and answer session with regard to the financial statements for the year ended June 30, 2022. Thanks 23

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