Blessed Textiles Limited · PSX:BTL
Blessed Textiles — Bhanero Textile Mills — Investor Presentation (November 2023)
23 slides from Blessed Textiles's investor presentation, November 2023
Slide 1: Bhanero Textile Mills Limited Corporate Briefing Session 2023
1 BHANERO TEXTILE MILLS LIMITED WE WARMLY WELCOME ALL THE PARTICIPANTS OF THE CORPORATE BRIEFING SESSION FOR THE YEAR 2023
Slide 2: Disclaimer
2 Disclaimer Bhanero Textile Mills Ltd has developed the presentation for the corporate briefing session, which is only intended for the participants discussion. Investors or prospective investors are not permitted to construe any statement, information, or representation made during the conversatio
Slide 3: Table of Contents
3 Table of Contents Prologue Manufacturing Footprints of the Group Corporate Information Scheme of Arrangement Economic Outlook Key Performance Indicators Financial Statements Financial Performance Historical Data Question and Answers Thank You Note
Slide 4: Prologue
Prologue 4 The Bhanero Textile Mills Ltd (“BTM”) established in 1980, under he umbrella of Umer Group Companies (“UGC”). The group comprised of diversified venture like retailing & manufacturing of footwear, real estate, dairy farm and sugar industry however, textile remains at their forefront since
Slide 5: Manufacturing Footprints
Manufacturing Footprints 5 Textiles Leather and Allied Products Bhanero Textile Mills Ltd Firhaj Footwear (Pvt) Limited Spinning Unit I - Sindh Footwear Retailing - Across Country Spinning Unit II - Punjab Leather Garment Unit I - Punjab Weaving Unit III - Punjab Footwear Manufacturing Unit II - Pun
Slide 6: Corporate Information
Corporate Information 6 Incorporation The company Bhanero Textile Mills Limited established in March 1980. Symbol BHAT Legal Status Public Limited Company. Capital Authorized Capital - 60,000,000 Issued Paid-up Capital - 30,409,640 (Ordinary Shares of Rs. 10 each) Associated Undertakings Faisal Spin
Slide 7: Registered and Liaison Office, Manufacturing Units, Credit Rating
7 Registered and Liaison Office Registered office of the company is located at Umer House, 23/1, Sector 23, K.I.A , Karachi. Liaison office of the company is located at City Towers, Main Boulevard, Gulberg-II, Lahore. Manufacturing Units i) Spinning Unit I with an installed capacity of 27,840 spindl
Slide 8: Successful Conclusion of Scheme of Arrangement
Successful Conclusion of Scheme of Arrangement - (“Scheme”) 8 The successful execution of scheme on May 31, 2023 ensures the uninterrupted supply of energy requirements in a cost-effective manner to the company with an ultimate aim of maximizing shareholder returns. The company is no longer dependen
Slide 9: Governing Board
Governing Board 9 The governing board comprised of ten(10) members and all the appointments of independent, executive, non-executive and female directors are in line under the under Code of Corporate Governance Regulations, 2019. All the members of the governing board are accredited under Directors
Slide 10: Categories of Shareholders as at June 30, 2023
CATEGORIES OF SHAREHOLDERS AS AT JUNE 30, 2023 10 NUMBERS OF SR # CATEGORIES OF SHAREHOLDERS SHARES HELD PERCENTAGE % SHAREHOLDERS 1 Director's, CEO, Their Spouse and Minor Children 19 1,420,779 47.36 Associated Companies, Undertaking and Related 2 13 1,431,721 47.72 Parties 3 Joint Stock Companies
Slide 11: Free Float of Shares
Free Float of Shares As on June 30, 2023 11 Total outstanding shares 3,000,000 Less : Shares held by Directors,Sponsors, Senior Management and their 2,351,900 Associates Government holding as Promoter /Acquirer /Controller Shares held by Associated Undertakings 500,600 Shares held with General Publi
Slide 12: Economic Outlook of the Country
Economic Outlook of the Country 12 It appears that we’re heading in a correct direction since last month as currency is largely steady, and the stock market is experiencing a bull run.A slight reforms by the government such as the formalization of exchange businesses, rationalization of gas pricing,
Slide 13: Key Performance Indicators
Key Performance Indicators 13
Slide 14: Balance Sheet June 30, 2023
Balance Sheet June 30, 2023 14 Equity & Liabilities - (PKR in Millions) Assets - (PKR in Millions) 12,000 18,000 17,009 10,735 16,000 9,717 10,000 9,306 14,000 8,000 12,000 10,000 9,214 5,771 8,726 6,000 8,000 6,819 4,216 4,000 6,000 2,023 4,000 2,000 2,000 - - Non-Current Assets Current Assets Equi
Slide 15: Statement of Profit or Loss
Bhanero Textile Mills Limited 15 Statement of Profit or Loss For The Year Ended June 30, 2023 June 30, 2023 June 30, 2022 Rupees Rupees Sales 18,545,108,053 17,252,509,050 Cost of sales 15,554,879,715 13,178,129,028 Gross profit 2,990,228,338 4,074,380,022 Other income 317,226,772 242,797,272 3,307,
Slide 16: Sales Revenue - PKR in Millions
Sales Revenue - PKR in Millions 20,000 16 18,545 18,000 17,253 16,000 14,000 12,158 12,000 10,000 9,348 8,924 8,074 8,000 6,000 4,000 2,000 - 2023 2022 2021 2020 2019 2018
Slide 17: PBT & PAT - %
17 PBT & PAT - % 20.00% 18.00% 16.00% 14.00% 12.00% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% 2023 2022 2021 2020 2019 2018 Profit before tax (%) Profit after tax (%)
Slide 18: Shareholder Equity - PKR 000
18 Shareholder Equity - PKR “000” 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 - 2023 2022 2021 2020 2019 2018 Shareholder equity 10,735,486 9,305,894 6,763,064 4,919,120 4,913,117 4,262,737
Slide 19: Breakup and Market Value Per Share
19 Breakup and Market Value Per Share 4,000.00 3,500.00 3,000.00 2,500.00 2,000.00 1,500.00 1,000.00 500.00 - 2023 2022 2021 2020 2019 2018 Breakup value per share Market value of share
Slide 20: Cash Dividend - PKR in 000
20 Cash Dividend - (PKR in "000") 250,000 200,000 150,000 100,000 50,000 - 2023 2022 2021 Cash dividend 2020 2019 2018 2023 2022 2021 2020 2019 2018 Cash dividend 106,434 214,500 214,500 150,000 167,400 192,900
Slide 21: Historical Data for the Year Ended June 30, 2023
21 Bhanero Textile Mills Limited Historical Data for the Year Ended June 30, 2023 Year-Wise Operating Data 2023 2022 2021 2020 2019 2018 Spinning Unit Spindle installed 99,696 80,112 80,112 80,112 80,112 80,112 Spindles worked 99,696 80,112 80,112 80,112 80,112 80,112 Installed capacity after conver
Slide 22: Ratios
Ratios Performance 2023 2022 2021 2020 2019 2018 22 Sales growth percentage - Year to Year basis 7.49% 41.90% 36.25% -4.54% 15.78% 18.09% Gross profit (%) 16.12% 23.62% 22.47% 9.23% 13.84% 10.76% Profit before tax (%) 9.61% 18.45% 17.77% 5.11% 10.24% 6.72% Profit after tax (%) 7.57% 15.99% 15.22% 3.
Slide 23: Question & Answers Session
Question & Answers Session 23 The honorable guest and participants are requested to proceed for question and answer session with regard to the financial statements for the year ended June 30, 2023. Thanking You
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