Slide 1: Cover letter to stock exchanges on Q1 results
1 ArVIOD www.arvind.com August 5, 2021 BSE Ltd. National Stock Exchange of India Ltd. Listing Dept. I Dept. of Corporate Services Listing Dept., Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G. Block Dalal Street Bandra-Kurla Complex Mumbai - 400 001 Bandra (E) Mumbai - 400 051 S
Slide 2: Arvind Limited Investor Review Note
Arvind Limited Investor Review Note 5th August 2021| Ahmedabad
Slide 3: Safe harbour statement
Safe harbour statement Certain statements contained in this document may be statements of future expectations and other forward looking statements that are based on management‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, perfor
Slide 4: Q1 FY22 Executive Summary: Relatively strong performance despite wave-2 impact
Q1 FY22 Executive Summary: Relatively strong performance despite wave-2 impact in April/May Q1 FY22 Q1 FY22 vs H2 FY21 ₹ Crs (vs Q1 FY21) (quarterly average) Revenues 1439 (+140%) -9.1% (1584) Textiles 1176 (+170%) -7.6% (1273) Advanced Materials 193 (81%) -0.2% (194) EBITDA margin 7.2% vs -4.8% 12.
Slide 5: Q1 FY22 Consolidated P&L
Q1 FY22 Consolidated P&L ₹ Crs Q1 FY22 Q1 FY20 YoY Revenue from Operations 1,439 599 140% Contribution 385 176 Contribution % 26.8% 29.4% Fixed Cost 281 205 EBIDTA 104 -29 460% EBIDTA % 7.2% -4.8% Other Income 10 4 Interest 47 59 Cash Accruals 67 -84 179% Depreciation 67 72 PBT 0 -156 PAT -5 -95 95%
Slide 6: Segment wise performance
Segment wise performance ₹ Crs Q1 FY22 Q1 FY21 Business Revenue EBIDTA EBIDTA % ROCE% Revenue EBIDTA EBIDTA % ROCE% Textiles 1,176 104 8.9% 6.5% 436 -35 -7.9% -9.0% Advanced Material 193 25 13.0% 18.1% 106 15 14.2% 7.5% Others 70 -16 57 -5 Total 1,439 114 7.9% 3.8% 599 -25 -4.2% -7.1% • Despite lock
Slide 7: Textile revenues higher by 170% in Q1 FY22; price realization improved
Textiles Textile revenues higher by 170% of Q1 in FY22; price realization also improved across categories DENIM Textile revenues (₹ Crs) • Overall volumes grew to ~2.8x YoY • Robust Export demand offset domestic +170% softness seen on sequential basis 1,176 • Average price realization improved to ₹2
Slide 8: Textiles: Monthly volumes across all categories recovering June onwards
Textiles Monthly volumes across all categories recovering June onwards Million M 8 8 7 6 6 2 2 • Lockdowns during April and 1 May resulted in closure of DENIM Domestic 3 2 6 6 garmenting plants in Exports* 4 4 5 Southern India – resulting in lower garment volumes as Q4 Avg Apr-21 May-21 Jun-21 Q2 Av
Slide 9: AMD continued delivered robust performance in Q1 FY22
Advanced Materials AMD continued delivered robust performance in Q1 FY22 Industrials: Revenues INR Crs • Strong demand across all segments – yarns, belting, liquid and hot-gas filtration products • Traction for higher margin products (e.g. mono x 193 +81% mono filters, non-woven belts) • Coating bus
Slide 10: Export markets continued momentum; domestic traction showing revival
Export markets continued the momentum of strong/ improving performance; Domestic traction showing revival • Export markets continued to be robust, many players have upped the forward guidance as well, but with a note of caution about potential new waves – Spring-early Summer results of most US brand
Slide 11: Forward looking commentary regarding Q2 FY22
Forward looking commentary regarding Q2 FY22 • Exports demand remains strong, domestic revival gaining momentum – Domestic order book has started to see traction; momentum expected in August – Key export markets in EU/UK/US continue to remain strong, may get impacted if recent signs of Covid resurge
Slide 12: Thank You!
Thank You!