Sportking India Ltd. · NSE:SPORTKING
Sportking India — Q3 FY2023 Earnings Presentation
31 slides from Sportking India's earnings presentation, February 2023
Slide 1: Sportking India Ltd. Investor Presentation cover letter
SpertlQqg INDIA LTD. (Govt. Recognised Three Star Export House) Regd. & Corporate Office: ViiI. 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
Slide 2: Investor Presentation - February 2023
Investor Presentation - February 2023
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: Financial Performance
Sportking Financial Performance
Slide 5: Delivered Strong Growth with Sustained Margins
DELIVERED STRONG GROWTH WITH SUSTAINED MARGINS Revenue from Export Businesses Revenue +7.1% 888 785 Rs. 1,671 crores Operating EBITDA 9MFY22 9MFY23 Rs. 223 crores Margin at 13% 9MFY23 Revenue Contribution 47% Operating PBT Contribution from Rs. 168 crores Export Business Margin at 10% Exports Domest
Slide 6: Q3FY23 Performance (YoY & QoQ)
Q3FY23 PERFORMANCE (YoY & QoQ) Revenue from Operations (Rs. in Crs) EBIDTA (Rs. in Crs) PBT (Rs. in Crs) 587 552 163 155 513 48 40 36 25 Q3FY22 Q2FY23 Q3FY23 Q3FY22 Q2FY23 Q3FY23 Q3FY22 Q2FY23 Q3FY23 PAT (Rs. in Crs) EBITDA % PAT % 116 28 20 9 8 18 4 0 0 Q3FY22 Q2FY23 Q3FY23 Q3FY22 Q2FY23 Q3FY23 Q3F
Slide 7: 9MFY23 Performance (YoY/QoQ)
9MFY23 PERFORMANCE (YOY/QOQ) Revenue from Operations (Rs. in Crs) EBIDTA (Rs. in Crs) PBT (Rs. in Crs) 1,671 442 408 1,561 223 177 9MFY22 9MFY23 9MFY22 9MFY23 9MFY22 9MFY23 PAT (Rs. in Crs) EBITDA % PAT % 305 28 20 13 101 6 9MFY22 9MFY23 9MFY22 9MFY23 9MFY22 9MFY23 6
Slide 8: Q3 & 9M FY23 Profit & Loss
Q3 & 9M FY23 PROFIT & LOSS Profit & Loss statement (Rs. in Crs) Q3FY23 Q3FY22 Y-o-Y Q2FY23 Q-o-Q 9M FY23 9M FY22 Y-o-Y Revenue from Operation 513 587 -13% 552 -7% 1671 1561 7% Raw Material Cost 376 312 411 1178 844 Purchase of Finished goods 0 0 1 1 0 (Increase) / Decrease In Stocks 0 13 3 -15 -10 P
Slide 9: Business Overview
Sportking Business Overview
Slide 10: 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 Focus on High Modern Technology Ma
Slide 11: 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 12: Presence Across the Globe
PRESENCE ACROSS THE GLOBE Geography Wise Revenue Break-up Canada Germany 9M FY23 Belgium USA Italy 47.0% Portugal South Korea Spain China Morocco Tunisia Rs. 1,671 Mexico 53.0% Egypt Hong Kong crores Macao Bangladesh Vietnam Panama Columbia Ethiopia Thailand Malaysia Sri Lanka Domestic International
Slide 13: Manufacturing Facilities & Capacities
MANUFACTURING FACILITIES & CAPACITIES Units Manufacturing Installed Capacities Acrylic/Blended Acrylic Polyester Yarn/ Unit I - Spinning Unit 65,904 Spindles Blended 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 14: 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 15: Strategic Advantages
STRATEGIC ADVANTAGES Rail & Roads : Helps in better connectivity Inland Container Depot(ICD): ICD at with other parts of India. Bathinda/Ludhiana for import/export clearances & regular road transport/train service availability between company’s unit/ICD and different seaports. Add Text Here Add Text
Slide 16: 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 17: 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 18: Marquee Customers
MARQUEE CUSTOMERS Sportking we M&S ZARA <> EST. 1884 gz ) sOlvr GQ
Slide 19: Board of Directors
BOARD OF DIRECTORS Munish Avasthi Naresh Jain Prashant Kochhar Sandeep kapur Hapreet Kaur Kang Anjali Avasthi Managing Director Executive/Whole Non-Executive Non-Executive Non Executive Non Executive Non Time Director Independent Director Independent Director Independent Director Independent Directo
Slide 20: Management Team
MANAGEMENT TEAM Shiv K. Sharma • Shiv K. Sharma is a B.Tech with an experience of over 37 years President- Production • He look after the overall Project Implementation, Production, Development, and Maintenance of the company’s Bathinda spinning unit • D. S. Yadav has a Master Degree with specializa
Slide 21: Certificates & Compliances
CERTIFICATES & COMPLIANCES Global Organic textile Organic Content Standard Standard Oeko-Tex Fairtrade ISO 9001 2015 Global Recycle Standard 20
Slide 22: Way Forward
Sportking — ——— Way Forward
Slide 23: 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 24: 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 25: 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 26: Capacity Buildup Over the Years
CAPACITY BUILTUP OVER THE YEARS Continuous capacity addition to support robust growth in our business 315,504 40,800 68,256 34,464 -6,520 24,480 Closure of a unit(Small 52,800 capacity) 28,800 12,096 23,232 12,720 17,856 6,520 1994 1996 1998 2006 2007 2011 2012 2013 2014 2014 2019 2022 Total Existin
Slide 27: Business Updates During 9M FY23
BUSINESS UPDATES DURING 9M FY23 Status of ongoing expansion Project Rooftop Solar Power Projects at Bathinda Unit Phase 1 & 2 at Bathinda Unit Completion of 10MW Rooftop Solar Power Project at for in house consumption Completion of phase 1 expansion project Completion Month- June 2022 1st Phase ca
Slide 28: Historical Financial Charts
HISTORICAL FINANCIAL CHARTS Revenue from Operations (Rs. in Crs) EBITDA (Rs. in Crs) PBT (Rs. in Crs) +19.5% 2,154 596 547 +55.7% +108.7% 1,355 1,306 1,055 1,160 211 129 136 140 101 29 38 18 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 PAT (Rs. in Crs) EBITDA % PAT % 40
Slide 29: Key Financial Ratios
KEY FINANCIAL RATIOS ROCE # ROE * 76.4% 72.8% +5,080 bps +6,430 bps 31.7% 27.8% 14.8% 19.5% 16.0% 10.0% 10.9% 5.0% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Interest Coverage ratio Long term Debt/Equity Ratio 20.8 0.99 0.80 0.61 0.54 5.8 3.5 3.3 2.4 0.18 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY
Slide 30: Profit & Loss Statement
PROFIT & LOSS STATEMENT Profit & Loss statement (Rs. in Crs) Mar'22 Mar'21 Mar'20 Mar'19 Mar'18 Revenue from Operation 2154 1306 1355 1161 1055 Raw Material Cost 1181 785 901 756 682 Purchase of Finished goods 0 0 1 1 1 (Increase) / Decrease In Stocks -14 10 7 -2 13 Power Cost 120 112 113 96 95 Gros
Slide 31: Sportking India Limited - Thank You
THANK YOU Sportking India Limited CIN: L17122PB1989PLC053162 Mr. Lovlesh Verma 01612845456 cs@sportking.co.in www.sportking.co.in Mr. Bhavin Soni +91 9833537225 Bhavin.soni@linkintime.co.in Mr. Rajesh Agrawal +91 9967491495 Rajesh.Agrawal@linkintime.co.in