Zil Limited · PSX:ZIL
Zil — Investor Presentation (December 2022)
31 slides from Zil's investor presentation, Dec 20, 2022
Slide 1: Corporate Briefing
Corporate Briefing ZIL Limited For nine months period ended 30 September 2022 Royal Rodale Club, Karachi, Dec 20 , 2022
Slide 2: Company Profile
Company Profile Ground Floor, Bahria Complex III, M.T. Khan Road, Karachi- Pakistan. Tel: +9221 -35630251-60 Fax: +9221 -35630266
Slide 3: Vision
Vision To be admired as a leading and innovative consumer goods company offering delightful propositions that rivals any other major company
Slide 4: Mission
Mission Enrich everyday lives of individuals, families and communities by providing products which offer quality, convenience and affordability
Slide 5: Company Information
Company Information • ZIL Limited was incorporated as a private limited company in February 1960 under the Companies Act, 1913 (now the Companies Act, 2017) • It was subsequently converted into a public limited company in November 1986. • Its shares are listed on the Pakistan Stock Exchange Limited.
Slide 6: Company Foot Steps
Company Foot Steps • 1954 - Soap Operations start in Hyderabad • 2011 – Capri re-launch • 1969 - Capri Launched • 2012 – Launch of variants and sanitizers • 1986 – Public Listing on Stock Exchange • 2011 – Capri Hand wash is launched • 2000 – ISO Certification • 2014 – Capri Face wash is launched •
Slide 7: Company Foot Steps
Company Foot Steps • 2021 – Launch of Anti BAC soap HYPro • 2022- Consistent Volumatic sales growth - Expected annual sales above Rs. 4Bn. - Factory closure based on new - manufacturing strategy
Slide 8: Company Information
Company Information Board of Directors Mrs. Feriel Ali Mehdi- (Chairman-Non-Executive Director) Mr. Mubashir Hasan Ansari (Executive Director & CEO) Mr. Saad Amanullah Khan- (Non-Executive Director) Mr. Syed Hasnain Ali (Non-Executive Director) Mr. Mir Muhammad Ali (Independent-Non-Executive Directo
Slide 9: Company Information
Company Information Board of Directors Mr. Ahsan Rashid (Independent-Non-Executive Director) Board Audit Committee Mr. Muhammad Salman Chawalla (Chairman) (Independent-Non-Executive Director Nominee NIT ) Mrs. Feriel Ali Mehdi (Member) Mr. Mir Muhammad Ali (Member) (Independent-Non-Executive Directo
Slide 10: Company Information
Company Information Human Resource and Remuneration Committee Mr. Ahsan Rashid (Chairman) (Independent-Non-Executive Director) Mrs. Feriel Ali Mehdi (Member) Mr. Saad Amanullah Khan-(Member) (Non-Executive Director) Mr. Mubashir Hasan Ansari (Member)
Slide 11: Internal & External Auditors
Internal & External Auditors Internal Auditors : Yousuf Adil & Co Chartered Accountants (Satisfactory QCR rating by ICAP) External Auditors: EY Ford Rhodes & Co Chartered Accountants (Satisfactory QCR rating by ICAP)
Slide 12: Core Values
Core Values Sustainability Customer Centric We consider balancing long-term goals Understanding & satisfying customer with short-term needs needs. wants & expectations Empowerment Grow our people to be autonomous, responsible and engaged Learning Outstanding quality through continuous improvement In
Slide 13: Public Announcement of Intention
Public Announcement of Intention • Public Announcement of Intention (PAI) to acquire 51% shares of ZIL Ltd published in News papers Business Recorder and Nawa-e-Waqt of 13th July 2022. • Subsequently Due Diligence process of Financial , Legal and Taxation matters of the company started and successfu
Slide 14: ZIL Hyderabad Factory disposal proposal
ZIL Hyderabad Factory disposal • The Board of Directors in its meeting held on January 12, 2022 proposed disposal of ZIL Hyderabad factory with freehold land along with plant machinery and equipment • The sale proceeds will be utilized for the repayments of loans of the Company, creditors and other
Slide 15: ZIL Hyderabad Factory disposal
ZIL Hyderabad Factory disposal Book Value Value as at Cost as at 30-09- Description of Assets 31-12-2021 # 2022 Rupees in thousand Freehold Land : 3 Acre 26 Ghuntas, situated in 400,040 400,040 Survey No 119 and 120, Link Hali Road, Hyderabad Building on freehold land 29,700 44,275 40,954 Plant Mach
Slide 16: Naturally Refreshing Glow Everyday
“Naturally Refreshing Glow Everyday” • Flag Ship brand • Launched in 1969. Celebrated 50 Years in 2019 • No 3 brand in beauty soap segment
Slide 17: Pink Strawberry, Purple Orchid and other variants
Pink Strawberry Purple Orchid White Honey Blue Vitalizing Green Tea Peach
Slide 18: For Clean, Soft & Beautiful Hands
“For Clean, Soft & Beautiful Hands “
Slide 19: Natural Skin Shine & Gentle Floral Freshness
“Natural Skin Shine & Gentle Floral Freshness for Petal Soft Skin”
Slide 20: Naturally Refreshing Glow Everyday
“Naturally Refreshing Glow Everyday”
Slide 21: Financial Performance
FINANCIAL PERFORMANCE
Slide 22: Gross Sales Value and Net Sales Value
Gross Sales Value and Net Sales Value 4.5 3.95 4.0 3.63 3.5 3.23 3.23 2.93 3.0 2.74 2.57 2.36 2.42 2.44 PKR Nillion 2.5 2.10 2.14 1.88 1.97 1.96 1.89 2.0 1.75 1.79 1.57 1.62 1.60 1.46 1.30 1.34 1.5 1.0 0.5 - 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Sep-22 GSV - Bn NSV - Bn
Slide 23: Fatty Raw Material Price Trend
Fatty Raw Material Price Trend Avg. Noodle Rate 300 250 200 150 100 50 - 2015 2016 2017 2018 2019 2020 2021 2022 Jan-Sep
Slide 24: US$ Average Rate Trend
US$ Average RateTrend 201.92 200 162.4 163.66 151.3 150 123.1 102.9 104.7 105.5 100 US $ 50 0 2015 2016 2017 2018 2019 2020 2021 2022 Jan-Sep
Slide 25: Gross Profit Trend
Gross Profit Trend 35.0% 29.6% 30.0% 27.9% 28.2% 28.3% 24.5% 25.0% % of NSV 20.0% 15.0% 13.1% 10.45% 10.0% 5.0% 0.0% 2016 2017 2018 2019 2020 2021 Sep-22 GP %
Slide 26: Financial Performance for Nine Period Ended September 2022
FINANCIAL PERFORMANCE FOR NINE PERIOD ENDED SEPTEMBER 2022
Slide 27: Condensed Interim Statement of Profit or Loss
ZIL LIMITED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS FOR THE NINE MONTHS ENDED SEPTEMBER 30 , 2022 Nine Months ended Quarter ended Sept 30 , Sept 30 , Sept 30 , Sept 30 , 2022 2021 2022 2021 --------(Rupees in '000)-------- --------(Rupees in '000)-------- Sales - net 2,929,580 1,968,335 1,239,
Slide 28: Selling & Admin Expenses
Selling & Admin Expenses 300,000 Jan-Sep 2022 250,000 Jan-Sep 200,000 2021 150,000 Jan-Sep Jan-Sep Jan-Sep 2022 2022 2021 238,975 Jan-Sep 2021 271,952 100,000 130,749 50,000 113,002 - Selling Expense Admin Expense
Slide 29: Future outlook
Future outlook • Anticipation for further improvements in margins due to further increase in retail prices • Fitch Rating Singapore forecasts lower CPO prices in 2023 due to high expected CPO Yield. • Adverse Rs./US$ parity may negatively affects margins
Slide 30: Q&A
Q&A
Slide 31: Thank You
Thank You