Nandan Denim Limited · NSE:NDL
Nandan Denim — Q3 FY2019 Earnings Presentation
25 slides from Nandan Denim's earnings presentation, Feb 12, 2019
Slide 1: Submission of Investor Presentation - Q3 & 9M FY19 results
_ Nandan One world with denim. 12" February, 2019 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G — Block, Dalal Street, BKC, Bandra (East), Mumbai — 400 001. Mumbai - 400 051. Scrip Code: 532641 Scrip Symbol: NDL Dear Sir, Subj
Slide 2: Q3 FY19 Result Update
Q3 FY19 Result Update February 2019 NANDAN DENIM LIMITED
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the following discussion may contain “forward looking statements” by Nandan Denim Limited (“Nandan Denim”) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financia
Slide 4: Discussion Summary
DISCUSSION SUMMARY Q3 & 9M FY19 Results About Us Annexure
Slide 5: Q3 & 9M FY19 Results Update
yw Nandan One world with denim Q3 & 9M FY19 RESULTS UPDATE SSCHIRIPAL
Slide 6: 9M FY19 Results – Financial Highlights
9M FY19 Results – Financial Highlights In Rs Mn REVENUES & GROSS MARGIN EBITDA & EBITDA MARGIN 32.2% 30.2% 15.4% 10.7% 12,021 1,848 10,675 1,138 9M FY18 9M FY19 9M FY18 9M FY19 PBT & PBT MARGIN PAT & PAT MARGIN 4.6% 2.0% 3.8% 1.7% 552 462 210 180 9M FY18 9M FY19 9M FY18 9M FY19 5
Slide 7: 9M FY19 Results – Revenue Mix
9M FY19 Results – Revenue Mix In Rs Mn REVENUE BREAKUP – DOMESTIC Vs. EXPORTS REVENUE BREAKUP – PRODUCT WISE 6% 736 27% 3,309 9% 929 6% 35% 3,761 707 7% 701 94% 11,292 91% 9,800 67% 8,012 58% 6,267 9M FY18 9M FY19 9M FY18 9M FY19 Exports Domestic Denim Shirting Yarn, Power & Others 6
Slide 8: 9M FY19 Performance Highlights
9M FY19 Performance Highlights ▪ During 9M FY18, Nandan Denim has reported an operating revenue of Rs. 10,675 Mn Vs Rs. 12,021 Mn in corresponding period of previous financial year. ▪ Denim capacity utilisation for 9M FY19 stood at 63% in line with industry and realisation at Rs 122/meter. ▪ 9M FY19
Slide 9: Q3 FY19 Results – Financial Highlights
Q3 FY19 Results – Financial Highlights In Rs Mn REVENUES & GROSS MARGIN EBITDA & EBITDA MARGIN 32.8% 30.6% 16.5% 10.6% 3,634 3,398 600 359 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 PBT & PBT MARGIN PAT & PAT MARGIN 4.7% 0.4% 3.8% 1.4% 172 137 48 13 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 8
Slide 10: Q3 FY19 Results – Revenue Mix
Q3 FY19 Results – Revenue Mix In Rs Mn REVENUE BREAKUP – DOMESTIC Vs. EXPORTS REVENUE BREAKUP – PRODUCT WISE 5% 193 9% 321 29% 1,062 33% 1,127 8% 278 6% 197 95% 3,448 91% 3,106 63% 2,310 61% 2,103 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 Exports Domestic Denim Shirting Yarn, Power & Others 9
Slide 11: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. in Mn) Q3 FY19 Q3 FY18 YoY% 9M FY19 9M FY18 YoY% Revenue from Operations 3,398.4 3,634.1 -6.5% 10,674.5 12,020.8 -11.2% COGS 2,359.5 2,441.8 -3.4% 7,454.0 8,155.3 -8.6% Gross Profit 1,039.0 1,192.3 -12.9% 3,220.5 3,865.5 -16.7% Gross Margin % 30.
Slide 12: About Us
yw Nandan One world with denim (2) ABOUT US SSCHIRIPAL
Slide 13: Chiripal Group – Emerging Conglomerate
About Us: Chiripal Group – Emerging Conglomerate • Shanti Developers • Nandan Denim Ltd • Dholi Integrated • Chiripal Industries Ltd • Chiripal Industries Ltd • Shanti Educational • Chiripal Poly Films Ltd Spinning Park (Processing Division) (Chemical Division) Initiatives Limited • Viraj Integrated
Slide 14: Company Overview
About Us: Company Overview ▪ NDL is a part of a leading conglomerate, Chiripal Group, established in 1972 and is currently diversified STRONG across Textiles, Chemicals, Packaging, Infrastructure and Education. PEDIGREE ▪ NDL commenced its operations in 1994 with textile trading business and forayed
Slide 15: Integrated Denim Fabric Facility
About Us: Integrated Denim Fabric Facility FIBRE YARN FABRIC Ginned Cotton Spinning 70% of cotton requirement Spinning Capacity is met from Gujarat 141 TPD KEY HIGHLIGHTS ▪ One of the largest denim fabric facility in the world and largest in India. ▪ Machinery with latest technology from Germany and
Slide 16: Strategic Location Of Manufacturing Facilities
About Us: Strategic Location Of Manufacturing Facilities THE GUJARAT ADVANTAGE GUJARAT TEXTILE HUB OF INDIA SUPERIOR CONNECTIVITY ▪ Located in Ahmedabad, the financial ▪ Largest producer of denim fabric (65- capital of Gujarat. 70%) in India and third largest in the ▪ Superior infrastructure connect
Slide 17: Leveraging The Chiripal Group Eco-System
About Us: Leveraging The Chiripal Group Eco-System LEVERAGE CHIRIPAL GROUP ECO-SYSTEM Chiripal Industries Chiripal Chiripal Vishal Fabrics Nandan (Processing) Industries Poly Films Shirting, Synthetic, Denim wovens, knitted, polar (Petrochemical) Thermal Films, Botton Weight, Denim fabric, fleece, f
Slide 18: Leveraging The Chiripal Group Eco-System
About Us: Leveraging The Chiripal Group Eco-System MARKETING AND DISTRIBUTION – DOMESTIC MARKET • Leveraging the strong agent-based domestic network of the Chiripal group. • Strong pan-India network of around of more than 100 dealers & traders associated with the company for close to a decade. • Str
Slide 19: Building Global Presence
About Us: Building Global Presence Nandan Denim exports its denim fabric to over 27 countries across the globe through its strong global dealer-distribution network. 18
Slide 20: Acceptance From Leading Brands – Domestic
About Us: Acceptance From Leading Brands DOMESTIC BRANDS 19
Slide 21: Acceptance From Leading Brands – Global
About Us: Acceptance From Leading Brands GLOBAL BRANDS 20
Slide 22: Annexure
yw Nandan One world with denim (4) ANNEXURE SSCHIRIPAL
Slide 23: Financial Summary
Financial Summary REVENUES (RS MN) EBITDA (RS MN) PAT (RS MN) 15,889 2,600 2,258 12,204 1,911 1,868 633 10,965 11,567 1,654 567 2,100 10,675 514 1,600 467 1,138 1,100 180 600 100 FY15 FY16 FY17 FY18 9M FY19 (400) FY15 FY16 FY17 FY18 9M FY19 FY15 FY16 FY17 FY18 9M FY19 MARGIN ANALYSIS (%) LEVERAGE AN
Slide 24: Operational Summary
Operational Summary DENIM FABRIC CAPACITY (MMPA) DENIM REALISATIONS (RS/METER) 82.1% 81.2% 84.0% 135.3 74.0% 132.7 131.6 132.2 63.0% 122.0 110 110 110 78.0 99 99 76.8 76.5 70.8 51.2 FY15 FY16 FY17 FY18 9M FY19 FY15 FY16 FY17 FY18 9M FY19 Denim Sales (Metres) Realisations Capacity Capacity Utilisatio
Slide 25: Thank You
THANK YOU Mr. Ashok Bothra (CFO) Mr. Mitul Bhagat / Mr. Arun Prakash Email: ab@chiripalgroup.com IR Consultant Ms. Purvee Roy (CS) Email: mitul.bhagat@dickensonir.com Email:purvee@chiripalgroup.com arun.prakash@dickensonir.com Contact No: +91 8898214083 / 9920993892