Faisal Spinning Mills Limited · PSX:FASM

Faisal Spinning Mills — Investor Presentation (November 2023)

23 slides from Faisal Spinning Mills's investor presentation, November 2023

  1. Slide 1: Faisal Spinning Mills Limited Corporate Briefing Session - 2023

    FAISAL SPINNING MILLS LIMITED Corporate Briefing Session - 2023 1

  2. Slide 2: Table of Contents

    Table of Contents Preface Corporate Information Group Structure Global & Local Environment for Textile Sector Key Performance Indicators Financial Performance Historical Data Question and Answers 2 Thankyou Note

  3. Slide 3: Disclaimer

    Disclaimer Faisal Spinning Mills Ltd has developed the presentation for the corporate briefing session, which is only intended for the participants discussion. Investors or prospective investors are not permitted to construe any statement, information, or representation made during the conversation

  4. Slide 4: Preface

    Preface Established in 1985, the Faisal Spinning Mills Limited has its registered office in Karachi and it’s operating under the Umbrella of Umer Group of Companies. The company is quoted of Pakistan Stock Exchange “PSX” and engaged in spinning , weaving , finishing and home textiles. The spinning u

  5. Slide 5: Corporate Information

    Corporate Information Incorporation The company Faisal Spinning Mills Limited established in January 1985. Symbol FASM Legal Status Public Limited Company. Capital Authorized Capital - 120,000,000 Issued Paid-up Capital - 100,000,000 (Ordinary Share of Rs. 10 each) Associated Undertakings Bhanero Te

  6. Slide 6: Registered and Liaison Office, Manufacturing Units, Credit Rating

    Registered and Liaison Office Registered office of the company is located at Umer House, 23/1, Sector 23, K.I.A , Karachi. Liaison office of the company is located at City Towers, Main Boulevard, Gulberg-II, Lahore. Manufacturing Units i) Spinning Unit I with an installed capacity of 38,208 spindles

  7. Slide 7: Board of Directors

    Board of Directors Sr Names of Directors Designation 1 Mr. Mohammad Salim Director / Chairman 2 Mr. Muhammad Shaheen Director 3 Mr. Hamza Shakeel Director 4 Mr. Khurrum Salim Director 5 Mr. Bilal Sharif Executive Director / CEO 6 Mr. Muhammad Amin Director 7 Mr. Tauqeer Ahmed Sheikh Independent Dire

  8. Slide 8: Categories of Shareholders as at June 30, 2023

    FAISAL SPINNING MILLS LIMITED CATEGORIES OF SHAREHOLDERS AS AT JUNE 30, 2023 NUMBERS OF SR # CATEGORIES OF SHAREHOLDERS SHARES HELD PERCENTAGE % SHAREHOLDERS Director's, CEO, Their Spouse and Minor 1 17 3,908,279 39.08 Children Associated Companies, Undertaking and 2 17 5,012,421 50.12 Related Parti

  9. Slide 9: Free Float of Shares

    Faisal Spinning Mills Limited Free Float of Shares As on June 30, 2023 Total outstanding shares 10,000,000 Less : Shares held by Directors /Sponsors 7,637,800 Government holding as Promoter /Acquirer /Controller Shares held by Associated Undertakings 1,282,900 Shares held with General Public 155,900

  10. Slide 10: Group Structure

    Group Structure Textiles Leather Bhanero Textile Mills Ltd Firhaj Footwear (Pvt) Limited Spinning Unit I Footwear Retailing - Unit I Spinning Unit II Footwear Manuf. - Unit II Weaving Unit III Leather Garment - Unit III Spinning Unit IV Dairy Faisal Spinning Mills Ltd Umer Farms (Pvt) Limited Spinni

  11. Slide 11: Global & Local Environment for Textile Sector

    Global & Local Environment for Textile Sector Pakistan's textile industry, which makes up 60 percent of the country's exports, has been hit hard by competition from other Asian countries, as well as the economic slowdown and political instability. Unless leading brands and retailers from western cou

  12. Slide 12: Key Performance Indicators

    Key Performance Indicators 12

  13. Slide 13: Balance Sheet as on June 30, 2023

    Balance Sheet as on June 30, 2023 Equity & Liabilities - (PKR in Millions) Assets - (PKR in Millions) 16,000 25,000 14,872 22,786 13,818 14,000 12,469 20,000 12,000 10,000 15,285 8,591 15,000 8,000 11,911 11,949 6,006 6,174 6,000 10,000 4,000 5,000 2,000 - - Equity Non-Current Liabilities Current Li

  14. Slide 14: Statement of Profit or Loss

    Faisal Spinning Mills Limited Statement of Profit or Loss For the Year Ended June 30, 2023 June 30, 2023 June 30, 2022 PKR PKR Sales - Net 37,672,807,610 32,074,369,748 Cost of sales 33,110,576,747 25,701,983,801 Gross profit 4,562,230,863 6,372,385,947 Other income 453,100,553 73,383,339 5,015,331,

  15. Slide 15: Turnover - PKR in Millions

    Turnover - PKR in Millions 40,000 37,673 35,000 32,074 30,000 25,000 20,000 17,065 14,896 14,029 15,000 11,843 10,000 5,000 - 2023 2022 2021 2020 2019 2018 Turnover (Net) 37,673 32,074 17,065 14,896 14,029 11,843 15

  16. Slide 16: PBT & PAT

    PBT & PAT 16.00% 14.73% 14.89% 14.00% 13.48% 12.78% 12.00% 10.00% 7.86% 8.00% 6.55% 6.09% 6.00% 4.88% 4.63% 4.63% 3.88% 4.00% 3.52% 2.00% 0.00% 2023 2022 2021 2020 2019 2018 Profit before tax (%) Profit after tax (%) 16

  17. Slide 17: Shareholder Equity

    Shareholder Equity – PKR in “000” 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 - 2023 2022 2021 2020 2019 2018 Shareholder equity 13,818,226 12,469,372 8,588,498 5,831,060 5,280,827 4,575,102 17

  18. Slide 18: Breakup & Market Value Per Share

    Breakup & Market Value Per Share 1,600.00 Breakup value per share Market value of share 1,400.00 1,200.00 1,000.00 800.00 600.00 400.00 200.00 - 2023 2022 2021 2020 2019 2018 18 Breakup value per share 1,381.82 1,246.94 858.85 583.11 528.08 457.51 Market value of share 323.75 450.00 420.00 251.00 23

  19. Slide 19: Cash Dividend

    Cash Dividend - PKR in “000” 250,000 200,000 150,000 100,000 50,000 - 2023 2022 2021 2020 2019 2018 19 2023 2022 2021 2020 2019 2018 Cash dividend 115,000 214,500 214,500 150,000 185,000 232,000

  20. Slide 20: Year-Wise Operating Data

    Faisal Spinning Mills Limited For the year ended June 30, 2023 Year-Wise Operating Data 2023 2022 2021 2020 2019 2018 Spinning Unit Spindle installed 38,208 38,208 38,208 38,208 38,208 38,208 Spindles worked - Average 38,208 38,208 38,208 38,208 38,208 38,208 Installed capacity after conversion into

  21. Slide 21: Year-Wise Financial Data

    Year-Wise Financial Data 2023 2022 2021 2020 2019 2018 Rupees in Thousands Profit and loss account Turnover (Net) 37,672,808 32,074,370 17,065,186 14,895,550 14,028,566 11,842,981 Gross profit 4,562,231 6,372,386 2,488,776 1,410,283 1,884,038 1,308,462 Operating profit 2,870,736 4,540,496 2,440,270

  22. Slide 22: Ratios

    Ratios 2023 2022 2021 2020 2019 2018 Performance Sales growth percentage - Year to Year basis 17.45% 87.95% 14.57% 6.18% 18.45% 12.11% Gross profit (%) 12.11% 19.87% 14.58% 9.47% 13.43% 11.05% Profit before tax (%) 4.63% 14.73% 14.89% 4.63% 7.86% 6.09% Profit after tax (%) 3.88% 12.78% 13.48% 3.52%

  23. Slide 23: Question & Answers Session

    Question & Answers Session The honorable guest and shareholders of the company are requested to proceed for question and answer session with regard to the financial statements for the year ended June 30, 2023. Thanks 23

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