Jindal Worldwide Limited · NSE:JINDWORLD
Jindal Worldwide — Q3 FY24 Earnings Presentation
17 slides from Jindal Worldwide's earnings presentation, Feb 28, 2024
Slide 1: Submission letter to stock exchanges
February 28, 2024 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza Listing Department Plot no. C/1, G Block, Phiroz Jeejeebhoy Tower Bandra- Kurla Complex, Bandra (E), 25th Floor, Dalal Street, Mumbai - 400 051 Mumbai - 400 001 NSE Symbol: JINDWORLD Security Code: 531543 D
Slide 2: Earnings Presentation Q3/9M-FY24
Earnings Presentation Q3/9M-FY24 1
Slide 3: Jindal Worldwide at a glance
Jindal Worldwide at a glance Asia’s largest fully Experienced management Wide product offering: integrated manufacturer team with over 3 decades Denims, Bottom Weight of denim fabric of experience fabrics, Premium Shirtings, and Home Textile products Vast clientele including Government recognized On
Slide 4: Company Overview
Company Overview Revenue (INR Mn) & EBITDA ▪ Founded in 1986 by Dr. Yamunadutt Agrawal, Jindal Worldwide Ltd (Jindal) today is Margins (%) a diversified and integrated textile fabrics and shirting manufacturer and one of the 25,592 21,989 20,700 world’s largest denim fabric manufacturers. 16,996 12,
Slide 5: Key Milestones
Key Milestones • 2012 • 1980 Started spinning unit with capacity of 45 • 2021 Started humble beginnings as a tonnes per day. Undertook capex to increase manufacturer of home textiles. • 2014 spinning capacity to 110 tonnes • 2005 Expanded denim capacity and Forayed per day. Made first foray into den
Slide 6: Building Global Presence
Building Global Presence Germany USA Spain Montenegro Turkey Nepal Korea Morocco Lebanon Bangladesh Mexico Egypt Thailand Guatemala Dominican Mauritania Jindal Vietnam Honduras Republic Worldwide Colombia Limited Ecuador Ahmedabad FY23 Geographical Revenue (%) India Peru 10% Chile South Africa 90% H
Slide 7: Jindal Mobilitric
Jindal Mobilitric • Jindal Worldwide is pursuing diversification through clear strategies and thus forayed into the high growth EV Industry by acquiring Earth Energy in May 2022, an EV startup. • Earth Energy, is a green vision initiative incorporated in 2017 that stood as one of top 20 most promisi
Slide 8: Specifications: Unmatched Electric Two-Wheeler Vehicles
Specifications: Unmatched Electric Two-Wheeler Vehicles Intelligent Features Performance Features Riding and Safety Features • Accurate Range Prediction - in the range • Variable Regen on Screen • Driver Scoring of +/- 2.5km/charge • Guaranteed Minimum range • Active Three stage Ignition Protection
Slide 9: Financial Highlights
Financial Highlights
Slide 10: Key Financial and Operational Highlights
Key Financial and Operational Highlights Q3-FY24 Consolidated Financial Operational Highlights Performance Revenue from Operations EBITDA EBITDA Margin • Growth in Revenue from Operations by 11.7% on Q-o-Q basis was INR 4,378 Mn INR 507 Mn 11.58% primarily due to normalizing the business operations
Slide 11: Quarterly Consolidated Income Statement
Quarterly Consolidated Income Statement Particulars (INR Mn) Q3-FY24 Q3-FY23 Y-o-Y Q2-FY24 Q-o-Q Operational Income 4,378 4,038 8.4% 3,918 11.7% Total Expenses 3,871 3,608 7.3% 3,568 8.5% EBITDA 507 430 17.9% 350 44.9% EBITDA Margins (%) 11.58% 10.65% 93 Bps 8.93% 265 Bps Other Income 5 21 (76.2)% 4
Slide 12: YTD Consolidated Income Statement
YTD Consolidated Income Statement Particulars (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Operational Income 12,403 15,206 (18.4)% Total Expenses 11,125 13,423 (17.1)% EBITDA 1,278 1,783 (28.3)% EBITDA Margins (%) 10.30% 11.73% (143) Bps Other Income 14 37 (62.2)% Depreciation 251 248 1.2% Interest 405 387 4.7%
Slide 13: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 FY23 9M-FY24 Operational Income 21,989 16,996 25,592 20,700 12,403 Total Expenses 20,598 15,833 23,429 18,318 11,125 EBITDA 1,391 1,163 2,163 2,382 1,278 EBITDA Margins (%) 6.33% 6.84% 8.45% 11.51% 10.30% Other Income 66 24
Slide 14: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equity and Liabilities (INR Mn) FY22 FY23 H1-FY24 Assets (INR Mn) FY22 FY23 H1-FY24 Non Current Assets Equity and Liabilities A) Property, plant and equipment 2,041 3,648 3,594 1) Shareholders' Fund B) Capital Work in Progress - 90 92 Equity Share Capital 201 20
Slide 15: Consolidated Financial Performance
Consolidated Financial Performance Operational Income (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 25,592 2,382 2,164 1,157 1,097 20,700 16,996 1,278 475 12,403 1,163 442 5.59% 11.51% 4.29% 8.46% 6.84% 10.30% 2.60% 3.83% FY21 FY22 FY23 9M-FY24 FY21 FY22 FY23 9M-FY24 F
Slide 16: Capital Market Data
Capital Market Data Share Price Performance (Up to 31st December, 2023) Dividend (INR/ Share)* 110% 0.25 90% 0.20 70% 50% 0.15 30% 10% 0.05 -10% -30% -50% FY20 FY21 FY22 FY23 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 *on FV of INR 1 per share Jindal Sensex P
Slide 17: Disclaimer
Disclaimer Jindal Worldwide Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events n