Sapphire Fibres Limited · PSX:SFL
Sapphire Fibres — FY2019 Earnings Presentation
21 slides from Sapphire Fibres's earnings presentation, 2019
Slide 1: Sapphire Fibres Limited Corporate Briefing Session 2019
Sapphire Fibres Limited Corporate Briefing Session 2019
Slide 2: Contents
Contents 1 Sapphire Fibres Limited introduction 2 Strategic / Operational Developments 3 Historical Financial Highlights 4 Financial Results 2019 5 Future outlook
Slide 3: Sapphire Fibres Limited Introduction
01 Sapphire Fibres Limited Introduction
Slide 4: Sapphire Fibres Limited - Introduction
Sapphire Fibres Limited - Introduction Sapphire Fibres Limited (SFL) was incorporated in Pakistan on 05 June 1979 as a public limited company. The shares of the company are listed on Pakistan Stock Exchange. SFL is principally engaged in manufacturing and sales of yarn, fabrics and garments. Sapphir
Slide 5: Strategic / Operational Developments
02 Strategic / Operational Developments
Slide 6: Strategic / Operational Developments
Strategic / Operational Developments Denim Division: The Company during the year has invested in 16 new weaving looms (Investment of Rs. 100 million) in Denim Division and its capacity has increased by 2.6 million meters per annum. Spinning Division: The Company during the year has invested in 4 Com
Slide 7: Historical Financial Highlights
03 Historical Financial Highlights
Slide 8: Sales, Gross Profit and Net Profit
Rs in million Sales 25,000 21,750 20,000 17,828 13,347 14,465 15,000 12,478 10,000 5,000 - 2015 2016 2017 2018 2019 Rs in million Gross Profit Net Profit Rs in million 3,500 1,600 2,865 1,402 3,000 1,400 1,139 1,145 2,500 1,200 996 2,000 1,825 1,000 1,438 759 1,500 800 1,090 974 600 1,000 400 500 20
Slide 9: Total Assets, CAPEX and Shareholders' Equity
Rs in million Total Assets 40,000 34,903 35,000 32,656 30,840 30,000 26,526 25,000 21,504 20,000 15,000 10,000 5,000 - 2015 2016 2017 2018 2019 Rs in million CAPEX Rs in million Shareholders’ Equity 5,000 4,343 17,500 17,055 4,500 17,000 4,000 16,283 3,500 16,500 3,000 16,000 15,364 2,163 15,287 2,5
Slide 10: Financial Results 2019 vs 2018
04 Financial Results 2019 vs 2018
Slide 11: Income Statement
Income Statement +22% Sales Rs. 21,750 million (2018: Rs. 17,828 million) +57% Gross Profit Rs.2,865 million (13.17% of sales) [2018: Rs.1,825 million (10.23% of sales)] -33% Net Profit Rs.759 million (3.48% of sales) [2018: Rs. 1,145 million(6.42% of sales)] -33% Dividend paid Rs.157 million (2018:
Slide 12: Statement of value addition and its distribution
Statement of value addition and its distribution 2019 2018 Rs. in million %age Rs. in million %age Value addition Sales 21,750 97.62 17,828 92.62 Other income 530 2.38 1,420 7.38 Value Distribution Total 22,280 100.00 19,248 100.00 Value distribution Cost of sales 18,885 84.76 16,003 83.14 Distribut
Slide 13: Balance sheet Assets
Balance sheet Assets 34,903 million 2019 2018 32,656 million 10,595 million ( 30%) Property, plant and equipment 10,340 million ( 32%) 11,316 million ( 32%) Long term and short term 12,645 million ( 38%) investments 7,079 million ( 20%) Stores and stocks 4,995 million ( 15%) 4,233 million ( 12%) Tra
Slide 14: Balance sheet Equity and liabilities
Balance sheet Equity and liabilities 34,903 million 2019 2018 32,656 million 15,287 million ( 44%) Shareholders Equity 16,283 million ( 50%) 4,445 million ( 13%) Total Long term loans 4,682 million ( 14%) 2,572 million ( 7%) Trade liabilities 1,834 million ( 6%) 11,772 million (33%) Short term borro
Slide 15: Consolidated Income Statement
Consolidated Income Statement 2019 2018 Rs. in million Rs. in million Sales 36,623 31,026 Cost of sales (29,515) (26,031) Gross profit 7,108 4,995 Value Distribution Distribution cost (721) (590) Administrative and other expenses (505) (648) Other income 543 548 Finance cost (2,274) (1,509) Share of
Slide 16: Consolidated Balance sheet - Assets
Consolidated Balance sheet - Assets 2019 2018 Rs. in million Rs. in million Property, plant and equipment 23,678 23,707 Long and short Value term investments Distribution 8,127 9,578 Stores and stocks 7,241 5,196 Trade debts 14,867 10,558 Cash and banks 1,064 534 Other assets 2,045 2,108 Total 57,02
Slide 17: Consolidated Balance sheet - Equity & liabilities
Consolidated Balance sheet – Equity & liabilities 2019 2018 Rs. in million Rs. in million Equity of parent shareholders 22,210 20,925 Non-controlling interest 4.530 3,516 Value Distribution Long term financing 7,657 9,243 Trade liabilities 4,003 3,098 Short term borrowing 17,592 13,993 Taxation 234
Slide 18: Future Outlook
05 Future Outlook
Slide 19: Future Outlook
Future Outlook Pakistan’s textile exports However, it is unable to recover Despite of these challenging its dwindling share in the circumstances, your remained stagnant in the international market due to Company has been able to financial year 2018-19 increase in cost of production, grow at a cumula
Slide 20: Q & A Session
Q & A Session
Slide 21: Thank you!
Thank you!