Himatsingka Seide Limited. · NSE:HIMATSEIDE
Himatsingka Seide — Investor Presentation (September 2024)
36 slides from Himatsingka Seide's investor presentation, Sep 9, 2024
Slide 1: Intimation of schedule of investors meeting and investor presentation
REF: HSL/SEC/2024/62 Date: September 09, 2024 The National Stock Exchange of India Limited BSE Limited Listing Department Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, Phiroze Jeejeebhoy Towers Bandra (East) Dalal Street Mumbai 400 051 Mumbai 400 001 Symbol: HIMATSE
Slide 2: Himatsingka Seide Limited Corporate Presentation September 2024
Himatsingka Seide Limited Corporate Presentation September 2024
Slide 3: Disclaimer [1/2]
DISCLAIMER [1/2] This presentation and the accompanying slides have been prepared by the Himatsingka Seide Limited (the “Company”) and its subsidiaries and affiliates (together, the “Group”). This presentation contains selected information about the activities of the Company and the Group as at the
Slide 4: Disclaimer [2/2]
DISCLAIMER [2/2] Certain statements contained in this presentation that are not statements of historical fact, including, without limitation, any statements preceded by, followed by or including the words “targets”, “believes”, “expects”, “aims”, “intends”, “may”, “anticipate” “would”, “could” or si
Slide 5: Presenters
PRESENTERS Mr. Shrikant Himatsingka Mr. Sankaranarayanan M Mr. Manu Kapur Executive Vice Chairman & President - Finance and Group President- Business Development Managing Director CFO (Group) Mr. Shrikant Himatsingka is the Executive Vice Mr. M. Sankaranarayanan is the President- Finance and Mr. Man
Slide 6: Our Vision, Values and Purpose
Our Vision Our Values Redefining possibility and Trust delivering distinction through Respect the relentless pursuit of Courage excellence Foresight Agility Quality Our Purpose Unity Making Better Lives Possible INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 5
Slide 7: Introduction to Himatsingka
Introduction to Investment Core Summary Annexures Himatsingka Thesis Strategies Financials INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 6
Slide 8: About Himatsingka [1/2]
ABOUT HIMATSINGKA [1/2] 8 35 39 Years of Legacy Domestic & Global Brands Countries Served 04 INR 5794 Cr. 7851 Vertically Integrated Total Asset Base Associates Manufacturing Facilities Data as of March 31, 2024 Wide Range of Home Textile Solutions INSPIRED EXCELLENCE | www.himatsingka.com © Himatsi
Slide 9: About Himatsingka [2/2]
ABOUT HIMATSINGKA [2/2] We are amongst the top We are amongst India’s top We are amongst India’s top five We produce a suite of Drapery and five companies in India five companies in terms of companies in terms of terry towel Upholstery Products to cater to in terms of cotton Sheeting manufacturing m
Slide 10: Extensive Suite of Products, Distribution Networks, Brands and Private Label Portfolios [1/2]
EXTENSIVE SUITE OF PRODUCTS, DISTRIBUTION NETWORKS, BRANDS AND PRIVATE LABEL PORTFOLIOS [1/2] CORE TOWELS FASHION TOWELS BEACH TOWELS KITCHEN TOWELS HOSPITALITY CLEANING TOWELS Piece Dyed Dobby Towels, Yarn Dyed Dobby Towels, Piece Dyed Dobby Towels, Piece Dyed, Yarn Dyed & Print & Jacquard Towels,
Slide 11: Extensive Suite of Products, Distribution Networks, Brands and Private Label Portfolios [2/2]
EXTENSIVE SUITE OF PRODUCTS, DISTRIBUTION NETWORKS, BRANDS AND PRIVATE LABEL PORTFOLIOS [2/2] CORE BEDDING FASHION BEDDING COMFORT BEDDING UTILITY BEDDING SEASONAL BEDDING BEDDING ACCESSORIES Yarn Dyed & Fiber Dyed Down Alternative Yarn Dyed & Printed Decorative Pillows, Dobby & Jacquard Sheets, Pri
Slide 12: Vertically Integrated Business Model Backed by Technology Platforms
VERTICALLY INTEGRATED BUSINESS MODEL BACKED BY TECHNOLOGY PLATFORMS AND TECHNOLOGY LED-INNOVATION TRACK AND TRACE TECHNOLOGY (Licensed and Patent protected DNA tagging technology) Completely integrated from fibre to shelf improves our response time and enables us to make high frequency product intro
Slide 13: Investment Thesis
Introduction to Investment Core Summary Annexures Himatsingka Thesis Strategies Financials INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 12
Slide 14: Key Investment Highlights [1/2]
KEY INVESTMENT HIGHLIGHTS [1/2] Global Presence with Extensive Distribution Networks and Reputed Client Base Distribution capabilities powered by brand (owned and licensed) and private label portfolios that service over 117 clients across 35 countries worldwide. Our global clients include a cross
Slide 15: Key Investment Highlights [2/2]
KEY INVESTMENT HIGHLIGHTS [2/2] Comprehensive Suite of Home Textile Products backed by Innovation, Strong Brand and Private Label Portfolios We are amongst the top five companies in India for manufacturing home textile solutions that encompasses Bedding Products, Bath Products, and Cotton Yarn Pro
Slide 16: Owned Domestic and Global Brands
OWNED DOMESTIC AND GLOBAL BRANDS INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 15
Slide 17: Himatsingka Is Looking Forward to Deepen Its Roots Across India
HIMATSINGKA IS LOOKING FORWARD TO DEEPEN IT’S ROOTS ACROSS INDIA Capturing the Indian Market by catering to consumers across price points, age groups, product categories and aesthetic preferences Currently present in 2286 Touchpoints across India spanning to 417 Cities with our brands Himeya, Liv an
Slide 18: Expanding Global Client Base
EXPANDING GLOBAL CLIENT BASE EXPANDING HORIZONS Proudly Serving Clients in 35 Countries Worldwide USA Argentina Sweden Japan Switzerland Singapore China Canada Peru El Salvador New Zealand Netherlands Malaysia Latvia Mexico France Denmark India Poland Indonesia Morocco Chile Germany UAE Mauritius Pa
Slide 19: Manufacturing Facilities: Integrated Spinning Plant
MANUFACTURING FACILITIES Building and Operating Capacities at Global Scale INTEGRATED SPINNING PLANT INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 18
Slide 20: Manufacturing Facilities: Integrated Sheeting Plant
MANUFACTURING FACILITIES Building and Operating Capacities at Global Scale INTEGRATED SHEETING PLANT INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 19
Slide 21: Manufacturing Facilities: Terry Plant, Drapery & Upholstery Plant
MANUFACTURING FACILITIES Building and Operating Capacities at Global Scale TERRY PLANT DRAPERY & UPHOLSTERY PLANT INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 20
Slide 22: Board of Directors
BOARD OF DIRECTORS Mr. Dinesh Kumar Himatsingka Mr. Shrikant Himatsingka Mr. Shanmuga Sundaram Selvam Mr. Harminder Sahni Executive Chairman Executive Vice Chairman and Executive Director Non-Executive Independent Director Managing Director Ms. Sandhya Vasudevan Mr. Shyam Powar Mr. Ravi Kumar Mr. Ma
Slide 23: Leadership Team
LEADERSHIP TEAM Senior Management Team with Extensive Experience Ms. Akanksha Mr. Manu Mr. Sankaranarayanan Himatsingka Kapur M CEO – Home Textile President – Business President – Finance and Solutions Development (Group) Group Chief Financial Officer Major (Retd.) Kumud Mr. C.B. Mr. Brian Delp Kuma
Slide 24: Long-Term ESG Commitment
LONG-TERM ESG COMMITMENT Waste Saved & No to Coal Water Reduce Annual Reduce Annual Energy Repurposed Advance to Green Energy Recovery Carbon Footprint Footprint Platforms Environment Social Governance We are committed to exercising Belief in sustainable growth and Aligned with our purpose of and ma
Slide 25: Core Strategies
Introduction to Investment Core Summary Annexures Himatsingka Thesis Strategies Financials INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 24
Slide 26: Core Strategies [1/2]
CORE STRATEGIES [1/2] Enhancing Capacity Utilisation Levels Focused on maximizing asset and capacity utilization levels across our manufacturing facilities Focus on our strong global client networks, presence across channels, diversified product portfolio and reach across major markets to drive ou
Slide 27: Core Strategies [2/2]
CORE STRATEGIES [2/2] Enhancing Channel Depth and Reach Enhance channel depth across the various formats we service globally. They include hyper markets, departmental stores, discount retailers, clubs, importers, multi-brand outlets and e-commerce platforms, amongst other channels Continuously Impr
Slide 28: Summary Financials
Introduction to Investment Core Summary Annexures Himatsingka Thesis Strategies Financials INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 27
Slide 29: Summary Financials
SUMMARY FINANCIALS All figures in INR Millions Total Revenue (INR Mn) EBITDA and EBITDA Margin (%) EBITDA (INR Mn) EBITDA Margin (%) 31,840 22% 17% 28,415 13% 6,173 5,499 26,777 3,460 FY22 FY23 FY24 FY22 FY23 FY24 Net Worth (INR Mn) Total Net Debt and Net Debt/EBITDA (Times) Total Net Debt (INR Mn)
Slide 30: Annexures
Introduction to Investment Core Summary Annexures Himatsingka Thesis Strategies Financials INSPIRED EXCELLENCE | www.himatsingka.com © Himatsingka 2024 29
Slide 31: Financial Statements - Balance Sheet [1/2]
FINANCIAL STATEMENTS -BALANCE SHEET [1/2] Particulars (INR Millions) FY22 FY23 FY24 ASSETS Non-current assets Property, plant and equipment 25,258.09 24,077.77 22,940.46 Capital work-in-progress 442.85 298.81 322.11 Goodwill 4,841.53 5,238.67 5,308.61 Intangible assets 648.47 580.73 426.76 Investmen
Slide 32: Financial Statements - Balance Sheet [2/2]
FINANCIAL STATEMENTS -BALANCE SHEET [2/2] Particulars (INR Millions) FY22 FY23 FY24 EQUITY AND LIABILITIES Equity Equity share capital 492.29 492.29 492.29 Other equity 14,204.85 13,997.86 15,097.21 Total equity 14,697.14 14,490.15 15,589.50 Liabilities Non-current liabilities Financial liabilities
Slide 33: Financial Statements - Profit & Loss Statement
FINANCIAL STATEMENTS -PROFIT & LOSS STATEMENT Particulars (INR Millions) FY22 FY23 FY24 Income Revenue from operations 31,839.50 26,777.43 28,414.51 Other income 196.20 750.19 211.33 Total income 32,035.70 27,527.61 28,625.84 Expenses - - - Cost of raw materials and packing material consumed 17,527.
Slide 34: Financial Statements - Cash Flow Statement [1/2]
FINANCIAL STATEMENTS -CASH FLOW STATEMENT [1/2] Particulars (INR Millions) FY22 FY23 FY24 Cash flows from operating activities (Loss) / Profit for the year 1,408.16 -640.80 1,128.22 Adjustments for: - - - Finance costs 1,811.71 2,572.32 2,964.66 Interest income -27.57 -37.30 -49.90 Net gain on sale
Slide 35: Financial Statements - Cash Flow Statement [2/2]
FINANCIAL STATEMENTS -CASH FLOW STATEMENT [2/2] Particulars (INR Millions) FY22 FY23 FY24 Cash flows from investing activities Purchase of current investments Proceeds of sale of current investments (net) 70.05 35.37 Interest received 28.46 54.00 44.23 Acquisition of property, plant and equipment an
Slide 36: Thank You
Thank You THANK YOU IN S P I RE D E XCE LLE N C E | www.himatsingka.com
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