Ghazi Fabrics International Limited · PSX:GFIL
Ghazi Fabrics International — Investor Presentation (October 2023)
13 slides from Ghazi Fabrics International's investor presentation, Oct 18, 2023
Slide 1: Corporate Briefing Session notice letter to PSX
gB }.. Ghazi Fabrics International Limited 8-C, E-III, Gulberg-III, Lahore - 54660, Pakistan GFIL/CBS-2023/gq 6 October 18, 2023 Mr. Muhammad (JhUfran Deputy General Manager <)perations Pakistan Stock ExchangeLimited Stock ExchangeBuilding Karachi. SUBJECT: CORPORATE BRIEFING SESSION Dear Sir, [;I=T
Slide 2: Session schedule and online participation guidelines
Ghazi Fabrics International Limited 8-C, E-III, Gulberg-III, Lahore= 54660, Pakistan foyiTl=a:TnTfda;=nn:;;,!i£o;=:Tsy /1:leb:EtsI:::.audience on the Company’sfinancial performance Dated: Firday, October 27, 2023 Mode: Through Zoom Video Link Registration : 11 :30 p.m. Presentation: 12:00 noon Q & A
Slide 3: Company Profile
Company Profile Board of directors Company Secretary Shahzad Ahmad Abbasi Mrs. Azra Yasmin (Non Executive Director) Chief Financial Officer Chairperson Abid Rafi Internal Auditors Mohammad Arshad Chaudhry (Executive Atif Islam Director) Share registrar Chief Executive/Director M/s. Corplink (Pvt.) L
Slide 4: Gross Profit and Profitability
Gross Profit (Rs. In Thousands) Profitability (Rs. In Millions) 600.00 549.87 549,875 400.00 385.55 346.75 200.00 159.58 196.56 2021 385,550 - 7.62 2022 GP OP 2023 NP (200.00) (135.58) (135,582) (400.00) (289.26) (600.00) (451.26)
Slide 5: Earning Ratios
Earning Ratios EBIT (Rs. In Millions) Earning / (Loss) per share (Rs.) 10.00 468.97 6.02 5.00 277.94 0.23 - 1 2 3 (5.00) (175.89) (10.00) (13.83) (15.00)
Slide 6: Return on Capital Employed and Interest Coverage
Return on Capital Employed (%) Interest Coverage (%) 25% 4.00 3.63 21% 20% 3.00 15% 2.00 1.59 9% 10% 5% 1.00 0% - 1 2 3 1 2 3 -5% (1.00) -10% (2.18) (2.00) -15% -17% -20% (3.00)
Slide 7: Current Ratio and Total Liabilities To Total Assets
Current Ratio (Times) Total Liabilities To Total Assets 1.6 1.52 60% 52% 1.4 49% 1.25 1.24 50% 1.2 40% 36% 1 0.8 30% 0.6 20% 0.4 10% 0.2 0 0% 1 2 3 1 2 3
Slide 8: Extracts of Statement of Profit or Loss
Extracts of Statement of Profit or Loss 2023 2022 Rupees (000) Sales – Net Local 3,797,273 8,118,420 Export 488,592 514,917 Gross profit / (loss) (135,582) 385,550 Operating profit / (loss) (289,259) 159,582 Financial charges 132,888 100,177 Profit / (loss) after tax (451,259) 7,624 Earning / (loss)
Slide 9: Comments on Financial Performance
Comments on Financial Performance • Gross loss for the financial year 2022-23 is recorded at Rs. 135.582 million as against Gross profit Rs. 385.550 million is financial year 2021-22 showing a decrease of 1.35 times approximately • Loss after tax of the Company in financial year 2022- 23 is Rs. 451.
Slide 10: Extracts of Statement of Financial Position
Extracts of Statement of Financial Position 2022 2023 Rupees Paid up capital 326,356,000 326,356,000 Accumulated loss (1,312,693,982) (1,770,426,476) (986,337,982) (1,444,070,476) Directors’ Loan 2,639,686,878 3,118,686,878 Total Equity 1,653,348,896 1,674,616,402 Long term financing - - Current lia
Slide 11: Extracts of Statement of Cash Flows
Extracts of Statement of Cash Flows 2023 2022 Profit / (loss) before taxation (422,146,717) 59,405,625 Adjustments of non-cash items 244,066,442 248,627,562 Operating (loss) / profit before working capital changes (178,080,275) 308,033,187 Working capital changes 507,450,071 (365,679,595) Net cash g
Slide 12: Textile Industry Outlook
Textile Industry Outlook • The textile sector had to face deprivation with the implication of higher exchange rate, intensified power outages and highest gas prices particularly in the Punjab region which affected the performance of the overall sector which further increased their cost of production
Slide 13: Future Prospects of Textile Industry
Future Prospects of Textile Industry • The future outlook looks very challenging. The textile business is very competitive globally and is commoditizing worldwide. • However, below target production of domestic cotton crop for season 2022-23, increasing trend in power & fuel prices may adversely aff
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