Sutlej Textiles & Industries Ltd. · NSE:SUTLEJTEX
Sutlej Textiles & Industries — Q3 FY15 Earnings Presentation
21 slides from Sutlej Textiles & Industries's earnings presentation, Feb 6, 2015
Slide 1: Q3 & 9M FY15 Results Presentation – 6th February, 2015
Q3 & 9M FY15 Results Presentation – 6th February, 2015
Slide 2: Disclaimer
Disclaimer Certain statements in this document may be forward-looking statements which are based on some assumptions and expectations of future events. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, domestic or international economic developme
Slide 3: Index
Index Q3 & 9M FY15 – Performance Update 4 Company Overview 11 Outlook 17 About Us 20 3
Slide 4: Q3 & 9M FY15 – Performance Update
Q3 & 9M FY15 – Performance Update
Slide 5: Results Snapshot – Q3 & 9M FY15
Results Snapshot – Q3 & 9M FY15 5 % Change % Change INR crore Q3 FY15 Q3 FY14 wrt 9M FY15 9M FY14 wrt Q3 FY14 9M FY14 Net Sales 459 464 -1% 1,410 1,399 1% EBITDA 67 86 -22% 204 236 -14% EBITDA Margin 14.6% 18.5% 14.5% 16.9% EBIT 49 69 -29% 154 184 -16% EBIT Margin 10.7% 14.9% 10.9% 13.2% PAT 22 40 -
Slide 6: Financial Performance – Q3 & 9M FY15
Financial Performance – Q3 & 9M FY15 Revenue EBITDA 1,399 1,410 236 Figs in crore Figs in crore 204 464 459 86 67 Q3 FY14 Q3 FY15 9M FY14 9M FY15 Q3 FY14 Q3 FY15 9M FY14 9M FY15 PAT Higher output of value added cotton mélange and cotton blended dyed yarn following commissioning of operations from
Slide 7: Segment-wise Performance – Q3 & 9M FY15
Segment-wise Performance – Q3 & 9M FY15 Yarns Yarns Q3 FY15 PBIT stood at Rs. 46 crore as against Rs. 61 crore in Q3 FY14 and Rs. 145 crore during 1,313 1,328 9M FY15 as against Rs. 169 crore in 9M FY14. During 9M FY15, the Company produced 56,041 437 437 61 46 169 MT as against 54,249 MT during
Slide 8: Chairman’s Comments
Chairman’s Comments Commenting on the results, Mr. C.S. Nopany, Chairman, Sutlej Textiles and Industries Ltd said, “Our focus in the value added dyed yarn segment has enabled us to maintain business momentum despite the severe challenges being faced by the Textile Industry. In addition, renewed focu
Slide 9: Key Highlights – 9M FY15
Key Highlights – 9M FY15 Capacity Expansion and Modernization Programme Commenced commercial production of Value Added Cotton Mélange and Cotton Blended Dyed Yarn from its additional 31,104 spindles at its unit - Chenab Textile Mills, Kathua (J&K) w.e.f. 1st November 2014 Total yarn spinning cap
Slide 10: Key Highlights – 9M FY15
Key Highlights – 9M FY15 Commercial Paper Post successful repayment, the Company re-issued Commercial Paper (CP) of the same quantum amounting to Rs. 60 crore at a reduced rate of interest The CP carried a rating of CARE A1+ by Credit Analysis & Research Limited (CARE) – indicative of strong deg
Slide 11: Company Overview
Company Overview
Slide 12: At a Glance
At a Glance Spun Dyed Yarn Manufacturer Total Capacity Cotton Mélange Yarn Total Capacity (Spindles) (Spindles) (Looms) Credit Rating (CARE / India Ratings, A Fitch Group Co.) Last 4 years Last 4 Years Last 4 Years Last 4 Years Revenue Growth EBITDA Growth PAT Growth EPS Growth “Delivering robust gr
Slide 13: Company Overview
Company Overview • One stop shop for all types of yarn • Focus on Value added yarns – Spun Dyed Yarn, Cotton Mélange Sutlej Textiles and Industries Ltd (STIL) is India’s Product Mix • Diversified offerings with presence largest Spun Dyed Yarn manufacturer and across value chain with – Yarns, & Home
Slide 14: Operating Levers
Operating Levers Sourcing Proficient Strong Robust Order Booking Raw Material Manufacturing and Distribution Efficiencies Processes R&D Strategies Multiple Raw Material inputs – Best-in-industry utilization In-house success – Strong in- Well-organized order booking efficiently manage input volatilit
Slide 15: Key Growth Drivers
Key Growth Drivers Value Added Products Strategically Highly located Mfg. automated facilities Production line Higher proportion of Cotton Mélange and Growth Strong & continuous Cotton Blended Dyed Yarn Drivers R&D Sharpened Optimum & focus on efficient Home Textile resource Division utilization Str
Slide 16: Key Financial Highlights
Key Financial Highlights 16 INR Million USD Million Particulars FY12 FY13 FY14 FY12 FY13 FY14 Revenues 15,370 16,802 18,806 320 317 330 EBITDA 1,783 2,343 3,056 37 44 54 Margin % 12% 14% 16% 12% 14% 16% PBT 396 928 1,717 8 18 30 Margin % 3% 6% 9% 3% 6% 9% PAT 317 770 1,314 7 15 23 Margin % 2% 5% 7%
Slide 17: Business outlook
Business outlook
Slide 18: Outlook – Sector
Outlook – Sector Pillar of Growth The Indian Textile Industry is the world’s second largest producer of textiles and plays a pivotal role in the growth of the Indian economy, accounting for - • ~4.5% share in the world total exports • ~4% of GDP • ~11% of Country’s export earnings • ~14% of Industri
Slide 19: Business Outlook
Business Outlook Greater production of high margin value added products post the Niche Value completion of capacity expansion plan to result in greater Added Products proportion of Cotton Mélange and Cotton Blended Dyed Yarn product in the overall mix Sharpened focus on core yarn business coupled wi
Slide 20: About Us
About Us Sutlej Textiles and Industries Ltd (STIL): CIN: L17124RJ2005PLC020927 Sutlej Textiles and Industries Ltd (STIL) (part of S&P BSE SMALL CAP Index) was incorporated in 2005 out of a corporate restructuring exercise wherein the textile divisions of Sutlej Industries Ltd and Damanganga Processo
Slide 21: THANK YOU
ey THANK YOU SULIE) corn wrt renin Wet
Sutlej Textiles and Industries — Q3 FY15 Earnings Presentation on 6ix