Ashima Limited · NSE:ASHIMASYN
Ashima — FY2024 Earnings Presentation
14 slides from Ashima's earnings presentation, May 29, 2024
Slide 1: Cover letter to stock exchanges
29th May, 2024 To, To, BSE Limited National Stock Exchange of India Ltd Corporate Relationship Department, Exchange Plaza 5th Floor, Plot no. C/1, 25th Floor, P J Towers, Dalal Street, G Block, Bandra Kurla Complex, Fort, Mumbai – 400001 Bandra (East), Mumbai – 400051 SECURITY CODE NO. 514286 SECURI
Slide 2: Investor Presentation for the Year Ended 31.03.2024
Investor Presentation For the Year Ended 31.03.2024
Slide 3: Disclaimer
• The material that follows is a Presentation of general background information about the Company’s activities as at the date of the Presentation or as otherwise indicated. This Presentation is not an offer to sell any securities or solicitation to buy any securities of Ashima Limited (The Company).
Slide 4: Financial results F.Y. 2023-24 vs 2022-23
Particulars F.Y. 2324 F.Y. 2223 Change Income 33,129 21,062 12,067 PBDIT from continuing operations 7,102 (126) 7,228 Interest 511 225 (287) Depreciation 447 413 (34) PBT from continuing Operations before 6,144 (764) 6,907 Exceptional Item Exceptional Item 0 (5) (5) PBT from Discontinued Operations
Slide 5: Year highlights: profit of Rs.9658 lacs
The Company has reported much higher profitability, with profit of Rs.9658 lacs compared to loss of Rs.696 lacs in the previous year. (Profit for the year includes an amount of Rs. 3500 lacs on account of first-time recognition of deferred tax assets.) PBT for the year (from continuing operations, b
Slide 6: Textiles, Real Estate, Treasury (Investment)
• Textiles • Real Estate • Treasury (Investment)
Slide 7: Textile division operations review
• With the resumption of wet production activities upon commissioning of new Effluent Treatment Plant (ETP) and Zero Liquid Discharge (ZLD) system, the Company reverted to inhouse production and reduced outsourcing. • This helped the Company increase business volumes and restore cost efficiencies, w
Slide 8: Division wise performance of textile segments (quantity)
• Division wise performance of textile segments: • Qty. in lac mtrs, and in case of Garment Division in lac pcs. Division F.Y. F.Y. Change % 23-24 22-23 Denims 29.06 32.31 -10% Piece Dyed Fabrics (Dyecot) 111.78 48.31 131% Garments 9.95 10.92 -9% Others 5.48 8.29 -34% (Inter-divisional sales) (6.27)
Slide 9: Division wise performance of textile segments (amount)
• Division wise performance of textile segments: • Amount in Rs. lacs Division F.Y. F.Y. Change % 2023-24 2022-23 Denims 5,193 6,148 -16% Piece Dyed Fabrics (Dyecot) 14,041 8,128 73% Garments 3,793 4,873 -22% Others 1,379 2,077 -34% (Inter-divisional sales) (422) (726) Total 23,983 20,499 17%
Slide 10: Real estate: Swan Lake project
Currently there are two projects under progress: (A) “Swan Lake”, which is a gated community of weekend villas amidst green surroundings and offering a host of facilities. • The project has received a very good response with about 22.75 lac sq. ft. of plots already booked. • The Company has booked r
Slide 11: Real estate: The Sovereign project
(B)The recently launched “The Sovereign”, a luxurious high-rise residential apartment project offering 6.46 lac sq. ft. of built up area. • Located in a premium residential area in the western part of Ahmedabad, the project will have 102 exclusive residences having 4 & 5 BHK layouts in a 430 ft tall
Slide 12: Treasury investment division philosophy
• The company makes investment in equity shares with a long-term perspective with the philosophy of value investment. • The division has reported extraordinary level of profitability (based on mark-to-market accounting) during the year. • As per accounting norms, periodic performance is reported bas
Slide 13: Investment division performance vs benchmark indices
The company has consistently outperformed the benchmark indices in terms of XIRR as per following data: Period Portfolio Sensex Nifty Nifty 500 FY 2022-23 14.77% 1.07% -0.61% -2.77% FY 2023-24 78.91% 24.67% 28.42% 38.99% Performance - Investment Division & Benchmark Indices 90.00% 78.91% 80.00% 70.0
Slide 14: Thank You
THANK YOU >a