Kewal Kiran Clothing Limited · NSE:KKCL
Kewal Kiran Clothing — Q3 FY2019 Earnings Presentation
15 slides from Kewal Kiran Clothing's earnings presentation, 2019
Slide 1: Financial Results Review – Q3 FY2019 and YTD FY19
KEWAL KIRAN CLOTHING LTD Financial Results Review – Q3 FY2019 and YTD FY19
Slide 2: Index
INDEX Contents Page No Operational Performance: Q3 3 Trend in Revenue & Operating profit 4-5 Trend in Net Profit 6 Balance Sheet 7-8 Ratios and Cash Flow Analysis 9 Brand 10 Product 11 Channels 12 Regional Distribution 13 Retail Stores 14
Slide 3: Operational Performance: Q3 and YTD FY 2019
Operational Performance: Q3 and YTD FY 2019 Q3 FY 2019 % of Q3 FY 2018 % of YTD FY 2019 % of YTD FY 2018 % of Rs crs sales Rs crs sales Variation Rs crs sales Rs crs sales Variation Net Sales 110.15 93.24 364.85 336.69 Other operating income 0.95 1.14 4.44 3.58 Total Revenue 111.10 100.00% 94.38 100
Slide 4: Trend in Revenue
Trend in Revenue Q3 FY2018-19 YTD FY2018-19 • Total Revenue grew by 17.72% • Total Revenue grew by 8.53% • Apparel sales quantity higher by 21.75% • Apparel sales quantity higher by 9.81% • Apparel sales realization at Rs. 900 per • Apparel sales realization at Rs.933 per unit unit 300.00 450.00 37.
Slide 5: Trend in Operating Profit
Trend in Operating Profit Q3 FY2018-19 YTD FY2018-19 • EBITDA flat at Rs. 15.53 crores • EBITDA higher by 18% at Rs. 84.84 crores • EBITDA margin at 14% • EBITDA margin higher and stood at 23% 45 34% 32% 100.00 21.1% 23.0% 25.0% 40 30% 90.00 35 28% 26% 80.00 20.0% 30 24% 70.00 84.84 22% 25 16.7% 20%
Slide 6: Trend in Net Profit
Trend in Net Profit Q3 FY2018-19 YTD FY2018-19 • PAT higher by 23.05% and stood at Rs. • PAT higher by 12.02% and stood at Rs. 12.77 crores 60.26 crores • PAT margin higher at 11.5% • PAT margin higher at 16.3% • Quarterly EPS at Rs. 10.36 (8.42) • YTD EPS at Rs. 48.89 (43.64) 50.00 30.0% 18.0% 70.0
Slide 7: Balance Sheet (Assets)
Balance Sheet (Assets) (Rs crs) As at Dec. 2018 (Audited) As at Mar. 2018 (Audited) Non-Current Assets Property, Plant and Equipment 77.92 67.56 Capital Work in Progress 1.01 9.08 Investment Property 1.45 1.52 Other Intangible Assets 2.55 0.50 Intangible Assets under Development 0.15 0.15 Financial
Slide 8: Balance Sheet (Liabilities)
Balance Sheet (Liabilities) (Rs crs) As at Dec. 2018 (Audited) As at Mar. 2018 (Audited) Equity Equity Share Capital 12.33 12.33 Other Equity 420.05 387.32 Total Equity 432.38 399.65 Non-Current Liabilities Provisions 0.07 0.07 Deferred Tax Liability 4.82 4.60 Other non-current liabilities 1.41 1.59
Slide 9: Ratios and Cash-flow Analysis
Ratios and Cash-flow Analysis Cash Flows (in Rs crs) YTD FY2019 Ratios Q3 FY2019 Q3 FY2018 I. Cash Flow from Operating Activity (0.08) *Operating Profit before Working Capital Debt Equity ratio 0.20 0.15 Changes 87.36 *Adjustment for Working Capital (61.52) Current Ratio 1.96 2.34 *Direct Taxes Paid
Slide 10: Brands
Brands Sales (Rs crs) Q3 2019 Q3 2018 % Change • Killer continues to be dominant brand with 54% of revenue share • Integrity is the second largest brand Killer 59.19 49.51 20% with 22% share Lawman 15.05 17.50 -14% Brand wise sales break up Q3 FY 2019 Integriti 24.86 17.23 44% 5% Q3 2018 53% 19% 19%
Slide 11: Products
Products • Jeans continues to be the dominant Sales (Rs crs) Q3 2019 Q3 2018 % Change product and contributed 55% to revenues • Trousers sales grew 109% to Rs. 14.61 Jeans 60.87 59.42 2% crores Shirts 18.46 14.92 24% Product wise sales break up Q3 FY 2019 4% Trousers 14.61 6.98 109% Q3 2018 64% 16%
Slide 12: Channels
Channels • MBO remains the dominant channel Sales (Rs crs) Q3 2019 Q3 2018 % Change with 40% of revenue share • National Chain Stores sales grew 60% MBO 44.61 39.49 13.0% and it had a 27% share in revenues • E-Commerce sales grew 162% Retail 15.94 20.99 -24% Channel wise sales break up Q3 FY 2019 Na
Slide 13: Regional Distribution
Regional Distribution Sales (Rs crs) Q3 2019 Q3 2018 % Change • Eastern region continues to be the largest region with 31% share East 33.56 36.35 -8% • Western region sales grew by 49% and it had a 26% share in revenues West 28.45 19.06 49% • Southern region sales grew by 82% South 26.49 14.51 82% R
Slide 14: Retail stores
Retail stores Particulars COCO COMFO FOFO Total K-Lounge 2 10 192 204 EBO 120 120 Factoy Outlet 1 - 1 Total 2 11 312 325 COCO - Company Owned Company Operated COMFO - Company Owned Management Franchisee Operated FOFO - Franchisee Owned Franchisee Operated Retail Stores (YTD) 31.12.18 31.03.18 Existi
Slide 15: Thank You
Thank You Disclaimer: Certain statements in this document or explanation thereof during discussions may be forward looking statements. Such forward looking statements are subject to certain risks and uncertainties like government actions, direct and indirect tax structures , local, political or econ
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