S.p. Apparels Ltd. · NSE:SPAL
S.p. Apparels — Shareholder Meeting (September 2022)
19 slides from S.p. Apparels's shareholder meeting presentation, September 2022
Slide 1: S.P. Apparels Limited FY 2021-22 AGM Presentation
S.P.APPARELS LIMITED FY 2021 - 2022 AGM PRESENTATION September 2022
Slide 2: FY22 Result – Key Highlights
FY22 RESULT – KEY HIGHLIGHTS FY22 YoY ANALYSIS In Rs Mn Adj. EBITDA & EBITDA REVENUES 1 PBT* & PBT MARGIN 3 PAT & PAT MARGIN 3 MARGIN 2 8,671.9 13.2% 6,531.9 17.6% 9.8% 16.4% 9.1% 1,147.9 1,528.2 5.6% 1,072.0 43% 94% 33% 591.4 96% 846.9 431.7 FY21 FY22 FY21 FY22 FY21 FY22 FY21 FY22 1. Total revenues
Slide 3: FY22 Result – Division Wise Analysis
FY22 RESULT – DIVISION WISE ANALYSIS In Rs Mn DIVISION REVENUES FY21 FY22 FY22 YoY ANALYSIS – TOTAL REVENUE BREAKUP 1 SHARE Garment Exports 82.2% 85.7% SPUK 11.8% 8.8% 8,671.9 480.2 Retail 6.0% 5.5% 762.4 6,531.9 GROSS MARGIN % 2 FY21 FY22 395.0 768.1 22% 68.6% 57.2% Garment Exports SPUK 8.8% 9.0% 7
Slide 4: FY22 Result – Consolidated Profit & Loss Statement
FY22 RESULT – CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (In Rs Mn) FY22 FY21 YoY% Revenue from Operations 8,594.3 6,523.1 31.8% Gain on account of Foreign Currency Fluctuations 77.6 8.8 784.9% Total Revenues 8,671.9 6,531.9 32.8% COGS 3,541.3 2697.73 31.3% Gross Profit 5,130.5 3,834.2 33.8% G
Slide 5: FY22 – Consolidated Balance Sheet
FY22 – CONSOLIDATED BALANCE SHEET Particulars (Rs Million) Mar-21 Mar-22 Particulars (Rs Million) Mar-21 Mar-22 Equities & Liabilities Assets Shareholder's Funds Non-Current Assets Share Capital 256.9 256.9 a. Property, Plant and 4,007.6 4,105.1 Other Equity 5,326.9 6,120.8 Equipment Total Sharehold
Slide 6: Company Overview: Financial Overview & Shareholding Structure
COMPANY OVERVIEW Financial Overview & Shareholding Structure
Slide 7: Brief Profile
BRIEF PROFILE SPAL is one of the leading manufacturers and exporters of knitted garments for infants and children in India. BUSINESS Provides end-to-end garment manufacturing from greige fabric to finished products including OVERVIEW body suits, sleep suits, tops and bottoms. Strong promoter p
Slide 8: Our Evolution
OUR EVOLUTION 2007-08 Amalgamation with Sri 2016 2003 Balaji Bakkiam Listed on BSE / NSE Set-up first in-house Spinning Mills 2008-13 Repayment of Loans embroidery facility at Thekkalur Streamlining of operations to to reduce leverage 1989 2004 integrate the factories, increase Started export Se
Slide 9: Leading Exporter of Infant & Children Wear in India
LEADING EXPORTER OF INFANT & CHILDREN WEAR IN INDIA SPAL IS A SPECIALIZED PLAYER IN THE HIGHLY CHALLENGING INFANT & CHILDREN WEAR KNITTED GARMENT INDUSTRY INDUSTRY’S UNIQUE CHALLENGES SPAL’S CORE COMPETENCIES 1 Demonstrated manufacturing excellence for over two decades • Labour intensive operations.
Slide 10: Preferred Vendor to Reputed International Brands
PREFERRED VENDOR TO REPUTED INTERNATIONAL BRANDS SPAL IS THE PREFERRED VENDOR FOR KNITTED GARMENTS FOR INFANTS AND CHILDREN TO REPUTED INTERNATIONAL BRANDS AND RETAILERS WHY SPAL? • Expertise to concurrently manage multiple large orders with a diversified product range including body suits, sleep su
Slide 11: Strategically Located & Integrated Manufacturing Facilities
STRATEGICALLY LOCATED & INTEGRATED MANUFACTURING FACILITIES INTEGRATED LOCATION ADVANTAGE: BUSINESS MODEL • All 18 manufacturing facilities are located within a radius of ~125 km of our Product Development Registered Office near Tirupur (leading hub in India for knitted garments for children Order a
Slide 12: Strategically Located & Integrated Manufacturing Facilities
STRATEGICALLY LOCATED & INTEGRATED MANUFACTURING FACILITIES Spinning Dyeing 12
Slide 13: Strategically Located & Integrated Manufacturing Facilities
STRATEGICALLY LOCATED & INTEGRATED MANUFACTURING FACILITIES Printing Automated Embroidery Sewing Semi-Automated Inventory Management Automated Sewing Assembly Line 13
Slide 14: Strong In-House Design Expertise
STRONG IN-HOUSE DESIGN EXPERTISE STRONG DESIGN IS SPAL’S CORE COMPETENCY • SPAL’s core competency lies in understanding latest fashion and trends to suit the customers buying preferences. • Dedicated in-house design and merchandising team of designers located at our Corporate Office in India and des
Slide 15: Stringent Quality Controls & Compliance
STRINGENT QUALITY CONTROLS & COMPLIANCE • Strong adherence to the highest standards of quality, assurance and compliance. • Stringent quality control checks consisting of inspection and testing of fabric, greige and processed yarn, trims, accessories, packing materials and of each piece of garment f
Slide 16: Qualified Management with Deep Understanding of Apparel Sector
QUALIFIED MANAGEMENT WITH DEEP UNDERSTANDING OF APPAREL SECTOR Mr P. Sundararajan ` Ms S. Latha Mr S. Chenduran Chairman and Managing Executive Director Director • Six years of experience in the •Director Founder director of SPAL with Founder director of SPAL with 28 textile and apparel industry 35
Slide 17: Board of Directors – Wide Spectrum of Experience
BOARD OF DIRECTORS – WIDE SPECTRUM OF EXPERIENCE Mr A.S. Anandkumar Mrs H .Lakshmi Independent Director Priya Independent • 47 years of experience in banking •Director 20+ years of experience in corporate advisory, contract • Masters of Science from the documentation, private equity & University of
Slide 18: Shareholding Structure
SHAREHOLDING STRUCTURE SHAREHOLDING PATTERN – 2nd September KEY INSITUTIONAL SHAREHOLDERS – 2nd 2022 September 2022 DSP Mutual Fund 8.40% Non-Institutions 21.9% ICICI Prudential Mutual Fund 3.75% UTI Mutual Fund 3.33% Promoters Franklin India Smaller Companies Fund 0.49% 61.7% Quant Mutual Fund – Qu
Slide 19: Thank You
Thank You