Rswm Ltd · NSE:RSWM

Rswm — Q1 FY22 Earnings Presentation

37 slides from Rswm's earnings presentation, Aug 12, 2021

  1. Slide 1: RSWM Limited

    RSWM Limited an LNJ Bhilwara Group Company PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL RSWM/SECTT/2021 August 12, 2021 BSE Limited National Stock Exchange oflndia Limited Corporate Relationship Department, Listing Department, 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block - G, Rotunda Buildi

  2. Slide 2: An LNJ Bhilwara Group Company

    An LNJ Bhilwara Group Company

  3. Slide 3: Q1 FY22 Performance

    Q1 FY22 Performance 2

  4. Slide 4: Q1 FY22 Financial Highlights

    Q1 FY22 Financial Highlights RSWM LIMITED CIN:L17115RJ1960PLC008216 Regd. Office: Kharigram, P.O. Gulabpura, Distt. Bhilwara, Rajasthan - 311021 Phone: +91-1483-223144 to 223150, Fax: +91-1483-223361, 223479 Corporate Office: Bhilwara Towers, A-12, Sector - 1, Noida - 201 301 (U.P) Phone: +91-120-43

  5. Slide 5: Q1 FY22 Financial Highlights - Notes

    Q1 FY22 Financial Highlights Notes: 1. The above financial results have been reviewed by the Audit Committee and subsequently approved and taken on record by the Board of Directors at its meeting held on August 12, 2021. The Limited Review for the quarter ended June 30, 2021 results as required unde

  6. Slide 6: Q1, FY22 Market Update

    Q1, FY22 Market Update  After an unprecedented lock-down and disruptions in Ist half, business bounced back in second half of FY21.  Business sentiments of Q4 continued in April 21 before the deadly 3rd wave of Covid-19.  Industry witnessed yet another lockdown/restrictions in almost half of the

  7. Slide 7: Performance Snapshot

    Q1,FY22 Financial Highlights Performance Snapshot Rs.in Cr. Q1,FY22 Q1,FY21 % Var. FY21 FY20 % Var. Sales 742 216 244% 2326 2771 -16% EBIDTA 90 (46) 215 264 -19% PAT 37 (66) 22 23 -5% 30.06.21 31.03.21 % Inc./Dec. Networth 819 761 8% Total Debt (Incl. Bills) 940 922 2%  Q1, FY22 also seen lockdown/

  8. Slide 8: Turnover and Total Revenue

    Q1,FY22 Financial Highlights Rs. in Cr. Turnover and Total Revenue 800 742 750 700 600 500 400 300 216 220 200 100 0 Q1, 21 Q1, 22 Turnover Revenue 7

  9. Slide 9: EBIDTA and PAT

    Q1,FY22 Financial Highlights Rs. in Cr. EBIDTA and PAT 100 90 80 60 40 37 20 0 Q1, 21 Q1, 22 -20 -40 -60 -46 -80 -66 EBIDTA PAT 8

  10. Slide 10: Profitability Highlights

    Profitability Highlights ` in Cr. Q1 FY22 Q1 FY21 Q4 FY21 FY21 FY20 Total Income (Incl. other income) 749.99 219.84 859.06 2365.43 2850.36 Raw Material Cost 450.00 117.71 453.03 1217.99 1566.82 Employee Cost 97.66 54.33 93.48 312.33 370.09 Power Cost 85.28 36.94 79.38 258.04 338.70 Other Expenses 94

  11. Slide 11: Balance Sheet Highlights

    Balance Sheet Highlights ` in Cr. 30.06.21 31.03.21 ` in Cr. 30.06.21 31.03.21 Assets Liabilities Non-current Assets 1079 1052 Shareholders' Fund 819 761 Fixed Assets 908 928 Share Capital 24 24 Investments 115 92 Reserve & Surplus 795 737 Other Non-current Assets 56 32 Non-current Liabilities 376 4

  12. Slide 12: Key ratios

    Key ratios Q1, FY22 FY21 FY20 FY19 FY18 Balance sheet ratios fixed asset cover ratio 1.99 1.88 1.75 1.47 1.62 DE ratio excl CPTL 0.83 0.90 1.35 1.43 1.41 DE ratio incl CPTL 1.02 1.11 1.51 1.69 1.56 debt service coverage ratio (DSCR) 1.83 1.15 0.85 0.79 0.66 interest coverage ratio (ISCR) 4.87 2.59 2

  13. Slide 13: Debt Equity

    Debt Equity Debt (Excl. Bills) and Equity last 4 Years (Rs.in Cr.) 1600 1402 1400 1321 1200 1067 1000 901 843 835 819 783 761 800 706 600 400 200 0 31.03.18 31.03.19 31.03.20 31.03.21 30.06.21 Debt Equity  In last 4 years debt has reduced by Rs.567 Cr. from Rs.1402 Cr. as on 31.03.18 to Rs.835 Cr.

  14. Slide 14: NWC

    NWC Net Working Capital* (Rs.in Cr.) 300 269 272 250 242 200 213 150 135 100 50 0 31.03.18 31.03.19 31.03.20 31.03.21 30.06.21 *excl. CPTL  Net Working Capital doubled in last 4 years from Rs.135 Cr. as on 31.03.18 to Rs.269 Cr. as on 31.03.21 and Rs.272 Cr. as on 30.06.21. 13

  15. Slide 15: Raw Material Prices

    Raw Material Prices 180 167 170 169 169 169 165 165 166 166 162 160 142 142 142 160 160 140 145 120 129 131 130 132 115 118 100 101 103 100 96 98 97 98 91 93 93 93 80 78 72 74 60 70 66 66 40 COTTON 20 POLYSTER VISCOSE 0 Apr.20 Jun.20 Aug.20 Sep.20 Nov.20 Dec.20 Feb.21 Mar.21 Apr.21 May.21 Jun.21 Jul

  16. Slide 16: Average Sales Realisation

    Average Sales Realisation PV Grey Yarn Period Price 200 171 157 172 174 153 143 150 2018-19 171 150 130 2019-20 157 100 Q1, 21 153 50 Q2, 21 130 Q3, 21 143 0 Q4, 21 172 2020-21 150 Q1, 22 174 PV Dyed Yarn Period Price 250 199 191 179 186 206 200 162 170 174 2018-19 199 150 2019-20 191 100 Q1, 21 179

  17. Slide 17: Average Sales Realisation

    Average Sales Realisation Cotton Grey Yarn Period Price 350 245 291 300 250 220 204 185 185 202 209 2018-19 220 200 2019-20 204 150 Q1, 21 185 100 50 Q2, 21 185 0 Q3, 21 202 Q4, 21 245 2020-21 209 Q1, 22 291 Melange Yarn 400 318 291 318 372 350 272 254 276 281 Period Price 300 250 2018-19 318 200 20

  18. Slide 18: Average Sales Realisation

    Average Sales Realisation Denim 250 Period Price 171 174 176 182 176 191 200 159 164 2018-19 159 150 2019-20 171 100 Q1, 21 174 50 Q2, 21 164 0 Q3, 21 176 Q4, 21 182 2020-21 176 Q1, 22 191 Fabric Period Price 140 120 131 132 122 112 115 114 114 109 100 2018-19 131 80 2019-20 132 60 Q1, 21 122 40 20

  19. Slide 19: Current Scenario and outlook

    Current Scenario and outlook  Resurgence of Covid-19 pandemic and imposition of local lockdowns, night/weekend curfews and various restrictions impacting dispatches in Q1,FY22.  Concerns of 3rd Covid-19 wave making dealer and retail chain cautious in buying quantities and stocking.  With increasi

  20. Slide 20: Current Scenario and outlook

    Current Scenario and outlook  As India has the abundant raw material such as cotton, wool, silk and jute and also has the comparative advantage in terms of skilled manpower and cost of production. The future of Indian Textiles is good.  100% FDI is allowed (automatic route), PLI of Rs. 10683 Cr (U

  21. Slide 21: Current Scenario and outlook

    Current Scenario and outlook  Sufficient cash generation has put the Company in very comfortable position in terms of liquidity.  The Company is exploring the long term growth opportunities.  Company is investing around Rs.330 Cr. in expansion of Denim Fabric manufacturing capacity, Cotton Melang

  22. Slide 22: LNJ Bhilwara Group – At a glance

    LNJ Bhilwara Group – At a glance 21

  23. Slide 23: LNJ Bhilwara Group - Diversified presence across sectors

    LNJ Bhilwara Group - Diversified presence across sectors  Set up in 1961 by Mr. L.N.Jhunjhunwala, today LNJ Bhilwara Group has grown into a conglomerate with a strong global presence and turnover of over Rs.8000 Crore. Textiles Power RSWM Ltd. Bhilwara Energy Limited Maral Overseas Ltd. Malana

  24. Slide 24: LNJ Bhilwara Group - Diversified Presence

    LNJ Bhilwara Group - Diversified Presence  6 Group companies listed on the Stock Exchanges.  Over 1,000,000 stake holders in the Group.  Production units & Corporate office spread across the country at 38 locations  All key companies ISO certified  Over 28,000 strong workforce. 23

  25. Slide 25: RSWM Ltd. – At a glance

    RSWM Ltd. – At a glance 24

  26. Slide 26: RSWM – Overview

    RSWM – Overview  Flagship company of LNJ Bhilwara Group  Incorporated in 1960  One of the largest textile manufacturers of Synthetic, Blended, Mélange, Cotton, Speciality and Value added yarns. Also manufacturing Fabrics, Denim and Green Polyester Fiber.  Exports to over 78 countries  ‘Golden T

  27. Slide 27: RSWM – Overview: Installed Capacity

    RSWM – Overview Installed Capacity  43000 MTs p.a. Green Polyester Fiber manufacturing capacity  445192 Spindles and 4800 Rotors Spinning  10 million meter p.a. PV Fabrics  24 million meter p.a. Fabric Processing  25 million mtrs p.a. Denim Fabric manufacturing capacity -Composite Facility (Spi

  28. Slide 28: RSWM – Journey

    RSWM – Journey  1960 – Company incorporated and in 1961 established a spinning unit at Bhilwara.  1973 - Second plant commissioned at Gulabpura. Later, Bhilwara plant was spun off as independent Company (Bhilwara Spinners Ltd.)  1989 - Established grey yarn spinning unit at Banswara.  1994 - Est

  29. Slide 29: RSWM – Journey

    RSWM – Journey  2011 – 2012 Executed another expansion plan with capital outlay of Rs. 400 Crore. Expanded capacity at Kharigram (SJ-11), Banswara (Rotors), Denim (Spinning), Mordi (50 Looms).  2014 - Established a Green Fiber manufacturing unit at Reengus with capacity of 18000 MTs p.a.  2015 –

  30. Slide 30: Certifications

    Certifications  ISO 9001:2015 : Quality System Certification  ISO EMS - 14001:2015 : Environment Management Certification  OHSAS - 18001: 2007 : Health and Safety Certification  SA- 8000:2015 (certified by BSI) : Social Accountability  ISO EnMS – 5001 : 2012: Energy Management Systems  Oeko-Te

  31. Slide 31: Product Portfolio

    Product Portfolio Synthetic Yarns – Grey/Dyed PV Blended, Poly 100%, Visc. 100%, Poly/Visc/Cotton Blended Specialty Yarns from unorthodox fibres like Bamboo, Bamboo-charcoal, Flex, Lycra, Tencel, Trevira CS, Birla Modal, Protex, X-static, Beltron, Huvis FR polyester etc. Melange Yarns - High value c

  32. Slide 32: Brands: Yarns, Fabrics, Denim

    Branding cannello Melange verona Fabrics Yarns Edge Ultima Ultra Denim LNJ Denim 31

  33. Slide 33: Manufacturing Units

    Manufacturing Units 1. Spinning Unit - Kharigram, P.O. Gulabpura, Dist. Bhilwara, Rajasthan 2. Spinning Unit - Village Lodha, Banswara, Rajasthan 3. Spinning Unit - Rishabhdev, Dist. Udaipur, Rajasthan 4. Spinning Unit - Reengus, SP-1, Industrial Area, Reengus, Dist. Sikar, Rajasthan 5. Green Fibre

  34. Slide 34: Corporate Governance

    Corporate Governance • RSWM recognises Corporate Governance not as a set of rules but as a framework supporting the core values. • Good Governance helps us to maintain trust with the shareholders, stakeholders, employees and society at large • RSWM believes that good governance is the key to doing b

  35. Slide 35: Corporate Information

    Corporate Information Key Managerial Persons Corporate Office, Noida Mr. Riju Jhunjhunwala- Chairman & Managing Director Mr. B. M. Sharma - Joint Managing Director Mr. Avinash Bhargava - Chief Financial Officer Mr. Surender Gupta- Company Secretary Business Heads and Key Executives Mr. Prakash Mahes

  36. Slide 36: Corporate Information - Contacts

    Corporate Information For further information, please contact: Shri Avinash Bhargava Shri Surender Gupta Chief Financial Officer Company Secretary Tel: 01483 222515 Tel: 0120 4390058 Cell: 9414005164 Cell: 9818646484 Email: cfo.rswm@lnjbhilwara.com Email: skg@lnjbhilwara.com Shri Rakesh Jain DGM – C

  37. Slide 37: Disclaimer

    DISCLAIMER This presentation is the property of RSWM Limited (the “Company”) and is strictly confidential. It contains information intended only for the person to whom it is transmitted. With receipt of this information, recipient acknowledges and agrees that: (i) this document is not intended to be

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