K.p.r. Mill Limited · NSE:KPRMILL
K.p.r. Mill — Q3 FY2020 Earnings Presentation
33 slides from K.p.r. Mill's earnings presentation, Feb 4, 2020
Slide 1: Cover letter to stock exchanges
_______ K.P.R. MILL LIMITED_______ Corporate Office : 1st Floor Srivari Shrimat, 1045, Avinashi Road, Coimbatore - 641018. India © : 0422-2207777 Fax : 0422-2207778 04.02.2020 The Listing Department The Listing Department Bombay Stock Exchange Ltd National Stock Exchange of India Ltd 1st Floor, Rotu
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Slide 3: KPR Mill Limited Result Update Q3 FY2020
FHF AS O ITALIAN AT HEART { Teo KPR = _RESULT UPDATE | MILL LT LIMITED '¢ 3 FY2020_
Slide 4: Disclaimer
This presentation and the accompanying slides (the "Presentation"), which have been prepared by KPR Mill Limited (the "Company"), have been prepared solely fo r information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo r any securities, and shall
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Slide 6: FASO Italian at Heart
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Slide 7: FASO product quality and vertical integration
* 100% Organic Cotton ^ Super fine combed compact yarn = Knitting by global standard "Mayer & Cie" machines a Processing through hi-tech eco- friendly cold processing technology n Garments — World's best advanced technology Sewing Machines — With Super soft micro nylon elastics — By highly skilled &
Slide 8: Manufacturing Facilities
Manufacturing Facili ■I__ I Sathyamangalam Spinning Yarn : Spinning, Com pact, P.C, Melange 1,00,000 MT Karumathampatti & Color Melange :r j m y w ; 'car * 7g*n '& ,? ■ .... Fab ric: Spinning & Knitting 27.000 MT rT i 1 Arasur Spinning, Knitting & Garmenting Garm ents: 115 million Garmenting Garment
Slide 9: Key highlights
q One o f th e largest v e rtic a lly integrated te x tile player w ith presence across th e en tire value chain - fro m "fib re to fa sh io n " n Best q u a lity co tto n "Shankar 6' used as th e raw m a te ria l fo r consistent q u a lity a Strategic in ve stm e n t in W ind Power Projects & Co-ge
Slide 10: Business segments: yarn, fabric, garments
2J2S8HB®®■ ,—J.T'' r Amongst top five r A largest Knitted garment m anufacturer manufacturers in India Entire yarn capacity upgraded ®Revenue contributes 41% to • Revenue contributes 4% total sales to value added yarn(Compact, to total sales Melange, Color Melange, PC, • Exporting to over 60 Countri
Slide 11: Strong fundamentals and strategic advantages
Strong Fundamentals ® Rich exposure in textile and apparel Industry ® Consistent better performer even during tough times and growth driven entity • Dividend track record since listing Largest vertically Integrated Apparel Manufacturer strategically located • Assuring superior quality products meeti
Slide 12: Strong client base and growth initiatives
• Feel at home accommodation and amenities including Higher Education, Vocational training, yoga, meditation, library, sports, swimming pool, etc. • The trendsetting welfare factors crowned by Five Star Certification &Higher Education facilities at KPR distinguishes it from Peer Group with higher ef
Slide 13: Indian textile industry advantages
■ Most cost competitive Textile manufacture base ■ Largest Cotton base - Number one in World - Most efficient Spinning sector in the World » Second biggest exporter of textile & apparel a Growing Domestic & Global demand ■ Challenges of growth in neighboring competing countries driving the Indian te
Slide 14: Company specific growth drivers
COMPANY SPECIFIC GROWTH DRIVERS Consistent Modernization & Capacity Expansion - enhanced realization Value Added Yarn - Compact, Melange, PC, Colour Melange, Slub & Grindle Yarn-Volum e Driven Growth A largest Knitted garment manufacturer with 115 mn garment capacity. Eco-friendly Processing ‘unit 2
Slide 15: Milestones 1984-2008
2006 - Private Equity participation by leading US Corporate ‘Brandot Investments’ 2001 - Spinning mill at & Two others - $ 25 Mn Karumathampatti with 30,240 spindles; Knitting facility & Wind 2007 - IPO at a premium. mill for captive use Shares Listed at Bombay & • 2003 - Spinning unit at National S
Slide 16: Milestones 2010-2013
r • 2012 - Another Value added product Melange > 2010 - Exclusive value yarn. 16,608 spindles at added Compact Spinning Karumathampatti. unit of 1,03,680 spindles at Karu math am patti & Wind 2013 - Co-gen cum Sugar Mills Plant at Karnataka - 30 MW & 5000 TCD capacity > 2011 - Modernization & expans
Slide 17: Milestones 2014-2015
2014 - Expanded Garment capacity at Arasur by 10 Mn garments, 2015 - New green field Garment capacity at Thekkalur with 12 Mn garments
Slide 18: Milestones 2016-2019
2019-Setting up 90 KLPD Ethanol Plant with an 2018 - Established 10 Million estimated Cost of Rs.120 Garment Manufacturing unit Crores 2016 - Established New green at Mekelle, Ethiopia. 2019 -Retail segment: field garment facility of 36 Mn 2019 - Increased Processing ‘FASO’ 100% Organic garments. ca
Slide 19: 9M FY20 highlights
V.W-' 9M FY20 Garments Production up by 10.12% YoY to 75.61 Mn Garments as against 68.66 Mn Garments 9M FY20 EBITDA up by 6.46% YoY to ? 512.80 Crores as against ? 481.67 Crores 9M FY20 PBT up by 7.70% YoY to ? 374.32 Crores as against? 347.55 Crores 9M FY20 PAT up by 18.82% YoY to ? 295.77 Crores a
Slide 20: Q3 and 9M FY20 financial results
? Crore Q3 FY20 Q3 FY19 YoY % 9M FY20 9M FY19 YoY % Revenue 779 781 2507 2463 1.8% Raw Material 440 435 1423 1443 Employee Expenses 104 92 315 284 Other Expenses 88 94 256 254 EBITDA 147 160 -8.1% 513 482 6.4% EBITDA Margin 18.9% 20.5% 20.46 19.6% Interest & Finance Charges 12 10 38 35 Depreciation
Slide 21: Captive power generation
* One of the largest Captive power generators in Textile Industry ■ Invested in eco-friendly Wind Mills at Tirunelveli, Tenkasi, Theni & Coimbatore Districts in Tamil Nadu, India ■ Total Wind Power Capacity 61.92 MW ■ 60% of Textile power requirement met through wind power ■ Invested in 30 MW Co-Gen
Slide 22: Segment revenue by year
IS Yarn St Fabric \'4 Garments P Sugar PO thers r in Crore s 9M i 197 146 S 1,066 1070 I FY20 i . ................................... ........................ ..... ....................................... ---------- ---------..---------------------------------------------- ....... --------- --------
Slide 23: Revenue split FY17-FY18
FY 17 FY 18
Slide 24: Revenue split FY19 and 9M FY20, exports
oO cl 9 1 a 4 Sees = Jane 9M FY20 ae Sess FY 19 et a 4 Exports
Slide 25: Yarn & Fabric Sales (MT)
Yarn & Fabric Sales [MT] 52,614 i 49,383 9M FY19 9M FY20 Note : Captive consumption of Yarn
Slide 26: Yarn & Fabric Sales (Rs Crore)
Yarn & Fabric Sales [? Crore] 9MFY19 9MFY20 & Fabric increased for 9MFY20 19
Slide 27: Garment Sales (number of garments)
Garment Sales [No. of Garments in Lacs] 9MFY19 9MFY20
Slide 28: Garment Sales (Rs Crore)
Garment Sales [? Crore] 9MFY19 9MFY20
Slide 29: Historical performance: yarn and fabric
- . jHlStOIrical Per rorm an 1 • it __________ m u ‘■■f ' . ■ ' i* * * , 1 ..>• n |; I .. • 1 . * ;*S M i ■■* • Yarn & Fabric Sales [MT] 78,578 79,744 74,970 71,965 FY 16 FY 17 FY 18 FY 19 :» c * a a i Yarn & Fabric Sales [? Crore] 1621 1611 1559 ~~~> — 1475 FY 16 FY 17 FY 18 FY 19 NoteCaptive consu
Slide 30: Historical garment sales
Garment Sales [No. of Garments in Lacs! 936 FY 16 FY 17 FY 18 FY 19 Garment Sales Crore] 1,341 FY 16 FY 17 FY 18 FY 19
Slide 31: Profit after tax and payments to shareholders
Particulars FY 15 FY 16 FY 17 FY1S FY19 Profit After Tax - < Crores 173.57 210.11 286.82 290.38 334.87 Payment to Share Holders - ? 40.69 45.36 103.69 114.67 269.85 Crores Payment % to Share Holders 23.44% 21.59% 36.15% 39.49% 80.58% Interim Dividend 75% declared on 03-02-2020 - Total outflow? 31.11
Slide 32: For further information, please contact
For further information, please contact: Com pany: KPR Mill Limited CIN- L17111TZ2003PLC010518 Mr. PL Murugappan, CFO murugappan (5) kprmill.com www.kprmilllimited.com
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