Jk Spinning Mills Ltd. · PSX:JKSM
Jk Spinning Mills — Investor Presentation (2021)
26 slides from Jk Spinning Mills's investor presentation, 2021
Slide 1: J.K Spinning Mills Limited Corporate Briefing Session 2021
J.K spinning Mills Limited Corporate Briefing Session 2021
Slide 2: Disclaimer
DISCLAIMER • This presentation has been prepared by J.K Spinning solely for information purposes only. No representation or warranty express or implied is made thereto and no reliance should be placed on the fairness, accuracy, sufficiency, completeness or correctness of the information or any opini
Slide 3: Contents
Contents 1 Introduction 2 Historical Financial Highlights 3 Financial Results 2021 4 Future outlook
Slide 4: Introduction
01 Introduction
Slide 5: Introduction
Introduction J.K Spinning Mills Limited (JKSML) was incorporated in Pakistan on 07 January 1987 as a public limited company. The shares of the company are listed on Pakistan Stock Exchange. JKSML is principally engaged in manufacturing and sales of yarn, fabrics, and home Textile Products. YARN WOVE
Slide 6: Vision & Mission
VISION & Mission VISION MISSION To Enter into Global Economy accepting the challenge of To turn around performance of company barrier free trade as a dynamic into sustainable growth for the benefit of its force. stake holders. To stand the test of expectations of our valued customers redefining
Slide 7: Core Values
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Slide 8: Group Structure
GROUP STRUCTURE Spinning Unit Weaving Unit 147,240 Spindles 110 Looms 45 Million Kgs (20S) annual 22 Million (Sq. Mtr.) annual production production
Slide 9: Group Structure
GROUP STRUCTURE Stitching Unit Processing Unit Power House 450 Machines 36 Million linear meter annual 20 MW 45 Million Meters annual production 18 MW Grid production
Slide 10: Historical Financial Highlights
02 Historical Financial Highlights
Slide 11: Sales, Cost and Gross Profit; Profit after Taxation
Sales, Cost and G.P 20,000 18,000 16,000 Rupees in million 14,000 12,000 10,000 SALES 8,000 6,000 COS 4,000 G.P 2,000 0 2016 2017 2018 2019 2020 2021 Year Profit after taxation 2,000 1,812 1,800 Rupees in million 1,600 1,400 1,142 1,200 1,000 800 716 600 338 400 76 83 200 - 2016 2017 2018 2019 2020
Slide 12: Total Assets, Working Capital and Leverage Ratio
Total assets 16,000 13,471 Rupees in million 14,000 12,000 11,252 9,495 10,000 7,594 8,000 6,085 5,626 6,000 4,000 2,000 0 2016 2017 2018 2019 2020 2021 - YEAR Working capital 3500 Leverage ratio 3,150 1.20 3000 1.02 0.95 0.93 1.00 Rupees in million 2500 2,215 0.76 0.80 0.71 0.71 Times 2000 0.60 1,4
Slide 13: Financial Results 2021 vs 2020
03 Financial Results 2021 vs 2020
Slide 14: Horizontal Analysis of Profit or Loss
Horizontal Analysis of Profit or Loss +17% Sales Rs.17,403 million (2020: 14,827 Million) +33% Gross Profit Rs. 3,332 million (19.15% of sales) [2020: 2,498million (16.85 % of sales)] Profit before Tax Rs.2,142 million (12.31% +64% of sales) [2020: 1,307 million (8.81% of sales)] +100% Taxation Rs.3
Slide 15: Analysis of Statement of Changes in Equity
Analysis of Statement of changes in Equity +59% Profit after Tax Rs.1,812 million (2020: 1,142 Million) -50% Dividend Paid Rs. 73 million ( 2020: 146 million) Bonus Shares issued Rs.292 million (2020: +100% Nil) +37% Un- Appropriated profit Rs.5,393million (2020: 3,947 million)
Slide 16: Vertical Analysis of Profit or Loss Account
Vertical Analysis of Profit Or Loss Account 2021 2020 Rs. in million %age Rs. in million %age Revenue Sales 17,403 99.72 14,827 99.91 Other income 49 0.28 12 0.09 Total 17,452 100.00 14,839 100.00 Expenses Cost of sales 14,071 80.62 12,328 83.07 Distribution expense 433 2.48 336 2.26 Administrative
Slide 17: Balance Sheet Assets
Balance sheet Assets 13,471 million 2021 2020 11,251 million 5,400 million Property, plant and equipment 4,519 million 101 million Long term deposits and 59 million Investments 5,951 million Stores and stocks 4,910 million 1,269 million Trade debts 1,267 million 368 million Taxes refund due form 282
Slide 18: Balance Sheet Equity and Liabilities
Balance sheet Equity and liabilities 13,471 million 2021 2020 11,251 million 7,164 million Shareholders Equity 5,424 million 1,132 million Total Long term loans 1,087 million 749 million Trade liabilities 813 million 3,388 million Short term borrowings 3,173 million 1,038 million Other liabilities 7
Slide 19: Statement of Profit or Loss
Statement of Profit or loss 2021 2020 Rs. in million Rs. in million Sales 17,403 14,827 Cost of sales 14,071 12,328 Gross profit 3,332 2,499 Distribution cost 433 336 Administrative and other expenses 539 471 Other income 49 12 Finance cost 267 396 Profit before taxation 2,142 1,306 Taxation 331 164
Slide 20: Balance Sheet - Assets
Balance sheet -Assets 2021 2020 Rs. in million Rs. in Million Rs. in million Property, plant and equipment 5,400 4,519 Long and short term investments 143 81 Stores and stocks 5,952 4,910 Trade debts 1,269 1,267 Cash and banks 118 91 Other assets 206 383 Total 13,471 11,251
Slide 21: Balance Sheet - Equity & Liabilities
Balance Sheet – Equity & Liabilities 2021 2020 Rs. in million Rs. in million Equity 7,164 5,424 Long term financing 1,087 1,132 Long Term Deposits 34 28 Trade liabilities 749 813 Short term borrowing 3,388 3,173 Contract Liabilities 100 57 Other liabilities 904 669 Total 13,471 11,251
Slide 22: Future Outlook
04 Future Outlook
Slide 23: Future Outlook
Future Outlook The Company is optimistic Civil work has been started and Management of your company is about future performance of letter of credit has been opened also planning to add 144 Air jet for addition of spinning unit the Company. The Company looms in its weaving capacity that comprising 52
Slide 24: Future Outlook
Future Outlook We also intend to add one Stentor Company also intends to install machine and bleaching unit to effluent water treatment plant in make our processing unit fully order to complete its corporate composed . social responsibility.
Slide 25: Q & A Session
Q & A Session
Slide 26: Thank you!
Thank you!