Saraswati Saree Depot Limited · NSE:SSDL
Saraswati Saree Depot — Q3 FY25 Earnings Presentation
33 slides from Saraswati Saree Depot's earnings presentation, Mar 25, 2025
Slide 1: Intimation of Scheduled Investor/Analyst Interaction
SARASWATI SAREE DEPOT LTD. S. No. 144/1, Manade Mala, Gandhinagar Road, P.O. Uchgaon, Dist. Kolhapur, Maharashtra, 416005 Ph: 0231-2683333, 0231-2532020, 0231-2610284 Email: contact@saraswatisareedepotlimited.com Website:www.saraswatisareedepot.com CIN: U14101PN2021PLC199578 Date: 25th March, 2025 N
Slide 2: Filing signature page
SARASWATI SAREE DEPOT LTD. S. No. 144/1, Manade Mala, Gandhinagar Road, P.O. Uchgaon, Dist. Kolhapur, Maharashtra, 416005 Ph: 0231-2683333, 0231-2532020, 0231-2610284 Email: contact@saraswatisareedepotlimited.com Website:www.saraswatisareedepot.com CIN: U14101PN2021PLC199578 You are requested to tak
Slide 3: Q3 & 9M FY25 Result Update Presentation
Q3 & 9M FY25 Result Update Presentation February 2025
Slide 4: Safe Harbor
Safe Harbor This presentation has been prepared by Saraswati Saree Depot Ltd. (SSDL) solely to provide information about the Company to its stakeholders. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or corr
Slide 5: Chairman Message
Chairman Message Dear valued Stakeholders, We had anticipated stronger revenue growth in Q3FY25, however we take full responsibility of this and how it has impacted our financial performance. This performance is not in line with our objectives, and we are focused on addressing these challenges head-
Slide 6: MD & CEO's Message
MD & CEO’s Message Dear Esteemed Stakeholders, The previous quarter did present challenges in terms of growth, and while our performance fell short of our expectations, we remain focused on refining our approach and driving improved outcomes in the months ahead. Our Surat purchase office has had a p
Slide 7: Table of Contents
Tableof Contents Q3 & 9M FY25 Performance Company Overview Business Process Product Profile & Facilities Annual Financials Way Forward
Slide 8: Quarterly and Nine Months Performance
Quarterly and Nine Months Performance
Slide 9: Q3 & 9M FY25 Financial Highlights
Q3 & 9M FY25 Financial Highlights Revenue from Operations (Rs. Cr.) EBITDA(Rs. Cr.) & EBITDA Margins 34.25 32.99 228.4 488.1 477.2 7 182.1 17.62 7 6 4 12.82 7.01 6.91 % % Q3 FY24 Q3 FY25 9M FY24 9M FY25 9M FY24 9M FY25 EPS (Rs.) PAT(Rs. Cr.) & PAT Margins 13.22 25.28 7.64 23.55 5.95 7.88 2.42 1.99 5
Slide 10: Key Ratios
Key Ratios ROE% ROCE% ROA% Debt/ Equity 169% 14.3% 5.37 197% 12.2% 10% 98% 96% 7.2% 64% 59% 1.17 35% 0.67 25% 0 H1 FY25 * FY22 FY23 FY24 H1 FY25 * FY22 FY23 FY24 H1 FY25 * FY22 FY23 FY24 H1 FY25 * FY22 FY23 FY24 * Annualized *RoE: PAT/Avg. Total Equity; RoCE: EBIT/(Avg. Capital Employed); ROA: PAT/
Slide 11: Product Mix
Product Mix Number of Units Sold (in millions) Total Number of Customers 13,263 16.1 15.71 14.78 13,000 12.40 12,649 12,372 FY22 FY23 FY24 9M FY25 FY22 FY23 FY24 9M FY25
Slide 12: Sales Mix
Sales Mix Item Wise Revenue (in %) 90.9% 91.9% 91.0% 90.88% 5.3% 4.0% 4.8% 5.58% 1.5% 1.4% 1.3% 1.45% 1.1% 1.1% 1.1% 1.02% 1.2% 1.6% 1.8% 1.06% Sarees Kurtis & Dress Materials Blouse Pieces Shirt & Pant Pieces Others (Includes lehengas, bottoms, chunaris, etc) FY22 FY23 FY24 9M FY25 Store Wise Reven
Slide 13: Quarterly Income Statement
Quarterly Income Statement Particulars (Rs. Crore) Q3 FY25 Q3 FY24 YoY Q2 FY25 QoQ Revenue from Operations 182.14 228.47 164.75 Other Income 1.13 0.53 0.75 Total Operational Revenue 183.27 229.00 (20.3)% 165.5 10.6% Raw Materials 163.30 168.22 144.71 Employee Cost 2.35 2.69 2.64 Other Cost 3.67 6.88
Slide 14: Nine Months Income Statement
Nine Months Income Statement Particulars (Rs. Crore) 9M FY25 9M FY24 YoY Revenue from Operations 477.26 488.17 Other Income 2.60 1.24 Total Operational Revenue 479.86 489.41 (2.23)% Raw Materials 422.26 428.55 Employee Cost 7.68 7.17 Other Cost 14.33 18.21 Total Expenditure 444.27 453.93 EBITDA (exc
Slide 15: Balance Sheet
Balance Sheet As on 30th As on 31st As on 31st As on 30th As on 31st As on 31st Particulars (Rs. Crore) Particulars (Rs. Crore) Sept’24 Mar’24 Mar’23 Sept’24 Mar’24 Mar’23 Equity Share Capital 39.60 33.10 0.10 Property Plant & Equipment 3.63 2.83 3.07 Other Equity 144.86 31.81 35.28 Intangible Asset
Slide 16: Company Overview
Company Overview
Slide 17: Key Facts and Figures
Key Facts and Figures 01 02 03 04 Recipient of awards Diverse Product Portfolio includes such as sarees, kurtis, dress materials, Strategically located in One of India’s leading organized "Star of the Industry" Kolhapur, Ulhasnagar & blouse pieces, lehengas, bottoms, saree wholesalers, growing "Icon
Slide 18: Timeline
Timeline 1993 2015 2018 2022 2024 After three decades in the saree Achieved a turnover exceeding Surpassed a turnover of Surpassed a turnover of Opened a new purchase office industry, promoters formally Rs. 300 Crore; Inaugurated a Rs. 400 Crore Rs. 500 Crore in Surat spanning 25,000 sq. ft. launche
Slide 19: Company Overview
Company Overview Saraswati Saree Depot Limited (SSDL), a major sarees wholesaler, BEGAN IN 1966 AND IS ONE OF INDIA’S LEADING PLAYER IN THE 01 The company’s main revenue comes from sarees (over B2B SEGMENT of this Industry 90%), but they also wholesale OTHER WOMEN’S 02 APPAREL LIKE KURTIS, LEHENGAS,
Slide 20: Experienced Management
Experienced Management Shankar Dulhani Vinod Dulhani Chairman & Executive Director Managing Director & CEO With 38 years in the apparel industry, he has extensive expertise in saree With over 27 years in the apparel industry and being a second-generation member of the company, manufacturing, marketi
Slide 21: Business Process
Th - Business | Process
Slide 22: Business Process
Business Process Identification of weavers /suppliers by Placing order with the identified Goods are checked on arrival Procurement Team weavers/- suppliers for approved for any quality defects products Placing order with the identified Photoshoots of the products, weavers/suppliers for preparing of
Slide 23: Product Profile & Facilities
Product Profile & Facilities
Slide 24: Diverse Product Profile
Diverse Product Profile Sarees Kurtis Dress Materials Blouse Pieces Shirt & Pant Pieces Lehngas Bottoms Chunaris
Slide 25: Store Insights
Store Insights • Saraswati Saree Depot Ltd. manages two stores in Maharashtra: the first store is located in Kolhapur and the second one in Ulhasnagar • The Kolhapur store, being the company’s inaugural and flagship location, accounts for nearly 88% of the total combined sales • The two stores colle
Slide 26: Key Strengths
Key Strengths Reputation & Customer Base & Strong Brand Product portfolio Saraswati Saree Depot is an established brand name and has built strong SSDL primarily sells in southern and western regions, including Maharashtra, reputations over time for reliability and quality, fostering trust among thei
Slide 27: Annual Financials
——- Annual - Financials
Slide 28: Annual Performance
Annual Performance Revenues (Rs. Crore) EBITDA* (Rs. Crore) PAT (Rs. Crore) 42.10 612.58 35.68 29.53 603.52 22.97 21.58 550.31 12.31 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 Avg Net Sales per customer (in Rs.) Net Sales per sq.ft. area in use (in Rs.) 4,12,578 3,96,033 33,000 32,535 3,79,856 29,
Slide 29: Annual Income Statement
Annual Income Statement Particulars (Rs. Crore) FY24 FY23 YoY Revenue from Operations 610.90 601.89 1% Other Income 1.68 1.63 Total Income 612.58 603.52 2% Purchase of Stock In Trade 548.99 547.94 Changes in Inventories (14.89) (17.06) Employee Benefit Expenses 9.77 9.94 Other Expenses 26.61 27.01 E
Slide 30: Way Forward
_..Way ~ Forward
Slide 31: Industry Opportunity
Industry Opportunity Market Decline and Recovery Organized Segment Growth The saree industry, worth Rs. 558 billion in fiscal 2020, The organized saree sector, known for better customer fell by ~43% in fiscal 2021 due to pandemic-related store experience, reliable fabrics, and standardized pricing,
Slide 32: Way Forward
Way Forward Expanding into Strengthening Enhancing Efficiency with MEN’S ETHNIC WEAR E-COMMERCE TECHNOLOGY Plans to enter the men’s ethnic wear market, capitalizing The company to invest in digital channels and establish a Aims to improve operational efficiency and supply chain on the rise of multi-
Slide 33: Thank you
Thank you Saraswati Saree Depot Ltd Adfactors PR Nikhil Dulhani Mr. Namit Shah/ Ms. Samruddhi Bane Head- Investor Relations ir@saraswatisareedepotlimited.com namit.shah@adfactorspr.com www.saraswatisareedepot.com samruddhi.bane@adfactorspr.com
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