Banswara Syntex Ltd · NSE:BANSWRAS
Banswara Syntex — Investor Presentation (February 2017)
25 slides from Banswara Syntex's investor presentation, February 2017
Slide 1: Banswara Syntex Limited Presentation – February 2017
BANSWARA SYNTEX LIMITED Presentation – February 2017 1
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Banswara Syntex Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 3: Banswara Syntex a Global Player
Banswara Syntex a Global Player… Incorporated in the year 1976 Vertically integrated textile solutions Experienced Design Teams in Long Term Relationship with Leading Global and Domestic India and Paris players In House R&D & state of the art Exports to over 60 countries facilities Global Customer J
Slide 4: Evolution into an Integrated Business
Evolution into an Integrated Business Vertical expansion of business to higher value products with larger market reach 2016 & Beyond 2008 - 2012 Setting the stage for the Future 2004 - 2007 • Started production • Focusing on growth of made-ups through strategic JVs 1993 Worsted spinning, • Started p
Slide 5: Presence across the Value Chain
Presence across the Value Chain Garments Fabric Yarn 5
Slide 6: Manufacturing Capabilities
Manufacturing Capabilities Spinning Unit Weaving Unit Dyeing Unit Garmenting Unit Invested over Rs. 494 crores towards expansion and modernisation between FY 2010 – December 2016 • Spinning Rs.235 Crs • Garmenting Rs.38 Crs • Fabric Rs.171 Crs • Power Unit Rs.50 Crs 6
Slide 7: Value Addition in the Yarn Business
Value Addition in the Yarn Business Current Scenario Going Forward ▪ We produce blends of viscose staple ▪ Focus on higher contributions from fibre, polyester staple fibre, acrylic value added yarns to the product mix staple fibre, lycra, cotton, linen, etc. o Increase in production of PV Lycra Yarn
Slide 8: Focusing on High-Quality & Performance Fabrics
Focusing on High-Quality & Performance Fabrics Expansion in Current Leveraging our Value Added Our Goals Presence Advantages Fabrics • Worsted • Stretch based • In-House Design • Newer Markets and • Wool Specialties Fabrics for suiting Studio for Fabric Geographies like Japan • Viscose and pants Des
Slide 9: Fabrics Division Growth Strategy
Fabrics Division Growth Strategy To enhance our profitability by improving product mix towards value added products and improving Improve utilizations along with new USA: Deepen penetrations within brands with Margins product development with performance attributes. special emphasis on women’s wear
Slide 10: Garmenting business – A customized offering
Garmenting business – A customized offering Focus on Moving up the value chain visible in the sales mix The influx of international garment brands into India 17.2% 15.7% 15.1% 18.5% has led to Indian brands adopting a more global approach and we at Garments Banswara are in a position to leverage our
Slide 11: Expansion within the Garments Space
Expansion within the Garments Space • Leveraging our existing manufacturing • Potential partnerships targeting capabilities at Daman & Surat SEZ • Leading fast fashion brands • Trousers & Suiting's– 3,45,000 (pcs/ month) • Expertise in women’s-wear • Jackets & Waist Coats - 37,500 (pcs/ month) • Lea
Slide 12: Riding the Fast Fashion Wave
Riding the Fast Fashion Wave Requirements of Fast Our Capabilities Our Focus Areas Fashion It is fuelled by advances in Design houses in Paris as well as Maintain a high grade of quality technology, automation India to accurately forecast even at shortened lead times trends in the West and Asia. It
Slide 13: Synergies from Vertical Integration
Synergies from Vertical Integration Spinning Weaving & Processing Garmenting Polyviscose, Worsted Fabric, Garments / Made-Ups Cotton Fabric & Technical (Trousers, Jackets & Fabric Waist Coats) Polyviscose & Processing & Worsted Finishing into Spinning Fabric Spun Yarn for Fabric for Internal Use Int
Slide 14: Global Presence
Global Presence USA & Canada France Russia & UK Greece UAE Mexico India Geographical Export break up FY16 Gulf Others 10% 24% Europe America 35% 30% Gulf Europe America Others We continue to expand our global footprint and explore newer geographies 14
Slide 15: Domestic Clientele
Domestic Clientele E-Commerce Clients: 15
Slide 16: International Clientele
International Clientele Working with some of the world’s biggest names 16
Slide 17: Building our Brand
Building our Brand Foundation: • Strengthening mass market brand SaintX and Bantex • To launch premium brands with differentiated products Marketing Initiatives: Cultural Outlook: • Strengthening our reach • Indian Spirit but made for across geographies The the world • To align Indian offerings Bans
Slide 18: Why Banswara Syntex Limited?
Why Banswara Syntex Limited? Vertically integrated business Focus on Transition Export and Investment to Value Domestic Rationale Added Markets Products Consistently Lowering Debt 18
Slide 19: Leadership Team
Leadership Team 2 3 4 1 1 Mr. R L Toshniwal – Chairman 2 Mr Rakesh Mehra – Vice Chairman ▪ Masters degree in Textiles from Leeds University, UK ▪ Chartered Accountant from ICAI ▪ 54 years experience in Textile Industry ▪ 31 years experience in Textile Industry ▪ On the board of four other companies
Slide 20: Board of Directors
Board of Directors Mr. R. L Toshniwal Mr. Rakesh Mehra Mr. Ravindra Kumar Toshniwal Chairman Vice-Chairman Managing Director Mr. Shaleen Toshniwal Mr. Parduman Kumar Mr. J. M. Mehta Joint Managing Director Independent Director Independent Director Mr. D P Garg Mr. Kamal Kishore Kacholia Dr. S B Agar
Slide 21: Standalone P&L Highlights
Standalone P&L Highlights Rs. in Crs. Q3FY17 Q3FY16 Y-o-Y Q2FY17 Q-o-Q 9MFY17 9MFY16 Y-o-Y Total Operating Income 304.4 300.5 1.3% 324.2 -6.1% 926.0 916.3 1.1% Raw materials 137.1 133.8 160.3 434.9 431.5 Employee Exp 57.0 52.3 56.1 163.7 147.4 Other Expenses 75.3 75.2 76.9 222.7 223.4 EBIDTA 35.1 39
Slide 22: Standalone Balance Sheet
Standalone Balance Sheet Rs. Cr. Sep16 Mar16 Rs. Cr. Sep16 Mar16 Shareholders Funds 261.4 249.2 Non-Current Assets 502.2 514.9 Share Capital 16.9 16.9 Fixed Assets 487.2 481.2 Reserve & Surplus 244.5 232.3 Non current investment 3.7 18.6 Total Non-current Liabilities 261.6 272.6 Long term loans & Ad
Slide 23: Standalone Revenue Performance
Standalone Revenue Performance Segment Gross Revenue Rs crs Geographic Gross Revenue Rs crs 1,271 1,271 1,231 1,236 1,231 1,236 1,130 1,130 967 473 520 967 514 470 51% 54% 47% 57% 417 45% 532 470 513 488 403 53% 49% 46% 55% 43% 189 212 200 114 136 33 36 37 40 38 FY12 FY13 FY14 FY15 FY16 FY12 FY13 FY
Slide 24: Improving Balance Sheet
Improving Balance Sheet Net Debt Rs. crs Net Debt:Equity -47 -76 664 -32 3.1 617 2.8 541 509 2.2 1.9 Mar-14 Mar-15 Mar-16 Sep-16 Mar-14 Mar-15 Mar-16 Sep-16 ROE ROCE 12.4 11.7 10.9 14.2 14.0 13.8 11.1 3.6 Mar-14 Mar-15 Mar-16 Sep-16 * Mar-14 Mar-15 Mar-16 Sep-16* Net Debt includes Current Maturity o
Slide 25: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Banswara Syntex Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L24302RJ1976PLC001684 CIN: U74140MH2010PTC204285 Mr. J.K.Jain - CFO Ms. Ruchi Rudra / Mr. Rahul Agarwal jkjain@banswarasyntex.com ruchi.rudra@sgapl.net / rah
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