Sapphire Fibres Limited · PSX:SFL
Sapphire Fibres — Corporate Update (2021)
23 slides from Sapphire Fibres's corporate update, Nov 2, 2021
Slide 1: Sapphire Fibres Limited Corporate Briefing Session 2021
Sapphire Fibres Limited Corporate Briefing Session 2021
Slide 2: Contents
Contents Sapphire Fibres Limited Introduction Strategic / Operational Developments Historical Financial Highlights Financial Results 2021 Future Outlook Q & A Session
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: During the year, investment of Rs. 253 million has been made to add 25 new weaving looms in Denim Division. Capacity has increased by 3.46 million meters during the year in Denim Division and to meet this capacity, further investment of Rs. 200 mi
Slide 7: Historical Financial Highlights
03 Historical Financial Highlights
Slide 8: Total Sales (Rs. Millions)
Total Sales (Rs. Millions) 27,531 21,750 22,492 30,000 17,828 25,000 14,465 12,478 20,000 15,000 10,000 5,000 - 2016 2017 2018 2019 2020 2021 Composition of Local and Export Sales (Rs. Millions) 30,000 22,343 25,000 17,744 18,863 20,000 14,839 11,706 15,000 10,055 10,000 4,006 5,188 2,423 2,760 2,98
Slide 9: Gross Profit and Net Profit
Gross Profit 3,941 4,000 2,865 2,824 3,000 1,825 1,090 974 2,000 1,000 - 2016 2017 2018 2019 2020 2021 Net Profit 2,274 2,500 1,402 2,000 1,139 1,145 1,125 1,500 759 1,000 500 - 2016 2017 2018 2019 2020 2021
Slide 10: Profitability Ratios
Profitability Ratios 40 9.2 35 30 5.4 5.5 25 5.4 3.9 12.0 20 7.1 15 7.0 6.7 5.0 14.3 14.8 10 11.9 10.6 5 9.1 - 2017 2018 2019 2020 2021 Return on Capital Employed Return on Equity Return on Assets 45 18.4 16.3 40 17.6 35 17.8 15.9 13.8 30 25 8.3 11.2 20 6.4 3.5 5.0 7.9 15 10 13.2 14.3 12.6 5 10.2 8.
Slide 11: Balance Sheet Footing (Rs. Millions)
Balance Sheet Footing (Rs. Millions) 50,000 40,860 40,000 34,903 34,317 30,840 32,656 30,000 20,000 10,000 - 2017 2018 2019 2020 2021 Total Assets (2021) Total Equity & Liabilities (2021) Total Equity 48.3% 39.8% Total non-current assets Total non-current liabilities 46.3% Total current assets Total
Slide 12: Financial Results 2021 vs 2020
04 Financial Results 2021 vs 2020
Slide 13: Income Statement
Income Statement +22% Sales Rs. 27,531 million (2020: Rs. 22,492 million) Gross Profit Rs.3,940 million (14.31% of +40% sales) [2020: Rs.2,824 million (12.56% of sales)] Net Profit Rs.2,273 million (8.26% of +102% sales) [2020: Rs. 1,125 million (5.00% of sales)] +100% Dividend paid Rs.207 million (
Slide 14: Statement of value addition and its distribution
Statement of value addition and its distribution 2021 2020 Rs. (Millions) %age Rs. (Million) %age Value addition Sales 27,531 95.67 22,492 93.96 Other income 1,247 4.33 1,445 6.04 Total 28,778 100.00 23,937 100.00 Value Distribution Value distribution Cost of sales 23,592 81.97 19,668 82.16 Distribu
Slide 15: Balance Sheet Assets
Balance Sheet Assets 40,860 million 2021 2020 34,317 million 12,898 million (32%) Property, plant and equipment 11,904 million (34%) 11,156 million (27%) Long term and short term 10,473 million (30%) investments 11,819 million (28%) Stores and stocks 7,896 million (23%) 2,728 million (7%) Trade debt
Slide 16: Balance Sheet Equity & Liabilities
Balance Sheet Equity &Liabilities 40,860 million 2021 2020 34,317 million 18,915 million (46%) Shareholders Equity 15,888 million (46%) 6,221 million (15%) Total Long term liabilities 4,886 million (15%) 3,715 million (9%) Trade Liabilities 2,477 million (7%) 10,940 million (27%) Short Term Borrowin
Slide 17: Consolidated Income Statement
Consolidated Income Statement 2021 2020 Rs. (Million) Rs. (Million) Sales 39,732 32,717 Cost of sales (32,556) (25,209) Gross profit 7,176 7,508 Distribution cost Value Distribution (1,057) (847) Administrative and other expenses (797) (611) Other income 787 585 Finance cost (1,423) (2,427) Share of
Slide 18: Consolidated Balance Sheet - Assets
Consolidated Balance Sheet - Assets 2021 2020 Rs. (Million) Rs. (Million) Property, plant and equipment 24,923 24,427 Long and short term investments 8,612 7,617 Value Distribution Stores and stocks 12,095 8,013 Trade debts 15,463 12,760 Cash and banks 519 814 Other assets 3,238 2,550 Total 64,850 5
Slide 19: Consolidated Balance Sheet – Equity & liabilities
Consolidated Balance Sheet – Equity & liabilities 2021 2020 Rs. (Million) Rs. (Million) Equity of parent shareholders 29,281 24,712 Non-controlling interest 5,877 5,273 Value Distribution Long term financing 6,221 5,474 Trade liabilities 5,395 4,317 Short term borrowing 16,958 15,264 Taxation 400 39
Slide 20: Future Outlook
05 Future Outlook
Slide 21: Future Outlook
Future Outlook The successful response of the Government to control the COVID-19 pandemic together with multiple measures taken by the Central Bank have greatly helped in reducing negative impact of the pandemic on the economic activity, particularly on textile exports during the year. Despite the u
Slide 22: Q & A Session
06 Q & A Session
Slide 23: Thank You!
_ indanke YOU: __