Shiva Texyarn Limited · NSE:SHIVATEX
Shiva Texyarn — Q4 FY23 Earnings Presentation
29 slides from Shiva Texyarn's earnings presentation, May 29, 2023
Slide 1: Investor presentation covering letter to exchanges
SHIVA TEXYARN LIMITED 1 i El | ! Regd. Office: 52, East Bashyakaralu Road, R.S.Puram, Coimbatore - 641 002, Tamilnadu INDIA Telephone : 0422 - 2544955 E-mail: shares@shivatex.co.in Website : www.shivatex.co.in CIN : L65921TZ1980PLC000945 GSTRN : 33AABCA6617M1Z0 STYL/SEC/SE/32/2023-24 29" May 2023 To
Slide 2: Shiva Texyarn Limited Result Update Presentation Q4 & FY23
Shiva Texyarn Limited Result Update Presentation Q4 & FY23 Innovation & Technology Driven Textile Products
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Shiva Texyarn Limited (the “Company”) solely for information purposes and does not constitute any offer, recommen dation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any co
Slide 4: Table of Contents
Cie Table of Contents 01. Managing Director’s Message | 02. Company Overview | 03. Business Overview | 04. Financial Highlights | 05. Way Ahead |
Slide 5: Overview
Overview
Slide 6: About Us
About Us Lamination Coating Spinning Captive Wind Energy 2 Lines, 6 lacs metres/ 3 Line, 1 million metr Over 52,000 spindles 55 windmills with 13.195 MW month capacity es/month capacity Total Capacity Pan-India Distribution 90 Rs. 410.9 Cr Rs. 156.6 Cr 200+ Distributors; Strong Sales Team on FY2023
Slide 7: Strong & Experienced Management Team
Strong & Experienced Management Team Mr. S V Alagappan Mr. S K Sundararaman Mr. C Krishnakumar Mr. P. Baskar Chairman Managing Director Chief Financial Officer Vice President Law graduate and has rich MBA from Cambridge Judge Master of Commerce Graduate Diploma in Textile Technology Over 2
Slide 8: Journey Towards Technical Textiles
Journey Towards Technical Textiles 2015 – Garment Divisions (NBC) started at K 2005 – Introduced Reactive Polyurethane aranampettai 2022 – Won Rs. 11.9 cr order from M.o.D. for lamination technology in India 2017 – Started supplying specialized Militar bags; Acquired stake in wind power co. LK 2006
Slide 9: Our Strengths
Our Strengths Continual Focus on Innovation & New Product Integrated Business Operations & Multi- Development Product Range Strong capabilities with in–house manufa Mix of high volume and high margin products cturing and R&D that enables developing Multifaceted business with focus on value add
Slide 10: Overview
Overview
Slide 11: Business Divisions
Business Divisions Shiva Texyarn Spinning Technical Textile Traditional business of spinning cotton into yarn Strong capacities of >52,000 Lamination Processing Coating Bags spindles Steady stream of revenue Technology-based Value added Specialized coated Catering to multiple backed by
Slide 12: Spinning Division
Lamination Division…First of its kind Reusable Fabric Diaper Spinning Division Over 25 years of experience in Spinning Industry 52,000 Spindles capacity Raw material comes from selected ginners of India and International sources in West Africa, Australia and US Manufacture Combed, Carded and
Slide 13: Business Divisions (2): Lamination Division
Business Divisions…(2) Lamination Division One of most innovative technologies used in Textile products Only Indian Company with more than decade of experience Two lines can produce approx. 6,00,000 meters per month Applications Breathable, Waterproof membrane Lamination, Fleece to Fleece,
Slide 14: Lamination Division: Strong Retail Brand in India
Lamination Division… Strong Retail Brand in India Market leadership Market leader – combined with “Inventor & Innovator” of Dry Sheets in India Manufactures more than 1,00,000 mts/ month; mil lions in a year Wide Retail Distribution Network in India Pan India presence – connecting to 10,00
Slide 15: Lamination Division: First of its kind Reusable Fabric Diaper
Lamination Division…First of its kind Reusable Fabric Diaper Features Benefits Super Comfort - Feathery touch fabr Quickest drying time- Baby feels dry ic fastest Highly Absorbent Maximum fluid holding Side Tank System Easy clean Fully Laminated Layer Hygienic UNIQUE RAPISOAK T Erg
Slide 16: Business Divisions (3): Military & Tactical Gear
Business Divisions…(3) Military & Tactical Gear Military and Tactical Gear : Makes most advanced military gear like Nu clear Biological Chemical Suits (NBC) Extreme cold weather clothing – Protection from 5 degree to minus 2 0 degree centigrade Super high altitude Mountaineering clothing Amo
Slide 17: Business Divisions (4)
Business Divisions…(4) Unit started in year of 2012 at SIPOT, Perundurai, Erode Processing Division Famous for Specialised, performance fabric processing, including high fastn ess, moisture wicking properties and for delicate fabrics 9 lakh meters material handling capacity per month Wide ra
Slide 18: State of Art Manufacturing Facilities
State of Art Manufacturing Facilities Spinning Unit Processing Unit Lamination Unit Bag Unit Coating Unit Garment Division Windmills – Tamil Nadu
Slide 19: Message
Message
Slide 20: Managing Director's Message
Managing Director’s Message “The last financial year witnessed several headwinds in the form of macro-economic slowdown and geo-political tensions which led to the textile industry having one of its most challenging periods ever. Our industry faced chall enges from volatile raw material prices, part
Slide 21: Key Recent Developments
Key Recent Developments Bagged order for extreme cold weather suits from Ministry of Home Affairs, GOI, worth Rs. 13.14 cr Recently launched Seamless Saree Shapewear product under innerwear category Won an order worth Rs. 11.9 cr for Haversack bags from the Ministry of Defence Acquired stake
Slide 22: Financial Highlights
Financial Highlights
Slide 23: Quarterly Financial Highlights
Quarterly Financial Highlights Rs. Cr. Q4 FY23 Q4 FY22 Y-o-Y % Q3 FY23 Total Income from operations 97.44 126.94 (23.24%) 94.78 Raw Material Expenses 67.10 92.82 67.58 Employee Expenses 10.34 11.04 10.21 Other Expenses 20.08 15.90 18.67 Total Expenditure 97.52 119.76 96.47 EBITDA (0.08) 7.18 (101.07
Slide 24: Yearly Financial Highlights
Yearly Financial Highlights Rs. Cr. FY23 FY22 Y-o-Y % Total Income from operations 410.87 477.07 (13.88%) Raw Material Expenses 289.35 297.03 Employee Expenses 42.49 43.86 Other Expenses 70.66 81.09 Total Expenditure 402.50 421.98 EBITDA 8.37 55.09 (84.81%) EBITDA Margin 2.04% 11.55% (951 bps) Other
Slide 25: Balance Sheet
Balance Sheet Rs. Cr 31st Mar ’22 31st Mar ’23 Rs. Cr 31st Mar ’22 31st Mar ’23 Equity 142.48 134.11 Non-current Assets 194.27 209.39 Equity Share Capital 12.96 12.96 Property, Plant & Equipment 171.75 183.05 Other Equity 129.51 121.15 Intangible Assets 0.15 4.72 Non-Current Liabilities 71.69 79.57
Slide 26: Slide 26
Slide 27: Technical Textiles – Industry Opportunities
Technical Textiles – Industry Opportunities Industry Highlights Diverse End Applications India is the 5th largest producer of technical textiles globally Agrotech – nets, covers, fabrics etc. Market size estimated at about $22 billion – projected to reach $300 billion by 2047 Construction Te
Slide 28: Way Ahead
Way Ahead… Expand Distribution & Consolidate market leadership in Dry sheets Target - ‘Quick Dry’ to be largest baby products brand in India Increase in Military & Tactical Gear business Grow distribution network pan India – aim to reach 30,000+ retailers through 400+ distributors Add new & in
Slide 29: Thank You
Thank Company : Shiva Texyarn Ltd. Mr. C Krishna Kumar Investor Relations Advisors : Adfactors PR Ms. Savli Mangle You krishnakumar@shivatex.co.in savli.mangle@adfactorspr.com Mr. Rahul Trivedi rahul.trivedi@adfactorspr.com http://www.shivatex.in www.adfactorspr.com