Sportking India Ltd. · NSE:SPORTKING
Sportking India — Q1 FY2023 Earnings Presentation
28 slides from Sportking India's earnings presentation, August 2022
Slide 1: Investor Presentation - August 2022
Investor Presentation - August 2022
Slide 2: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sportking India Ltd (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 3: Sportking Business Overview
Sportking Business Overview
Slide 4: Overview
OVERVIEW Established in 1989 Presence in 30+ countries Owns 3 State of the art Committed to create High manufacturing facilities Quality end products Compliance with Diversified Product International Quality Range recognition standards Manufacturing facilities with Focus on High Modern Technology Ma
Slide 5: Journey So Far
JOURNEY SO FAR Successful expansion at Bathinda Unit adding 68K+ spindles with state-of-the-art plant for manufacturing of cotton compact Setting up of a Dye House at Ludhiana yarn achieving a Company’s total overall spinning capacity 274K+ spindles. for dyeing/ installed 6K+ processing of Spindles
Slide 6: Presence Across the Globe
PRESENCE ACROSS THE GLOBE Geography Wise Revenue Break-up Canada Germany FY22 Belgium USA 43.4% Italy Portugal South Korea Spain China Morocco Tunisia Rs. 2,154 Mexico Egypt Hong Kong 56.6% crores Macao Bangladesh Vietnam Panama Columbia Ethiopia Thailand Malaysia Sri Lanka Domestic International Ke
Slide 7: Manufacturing Facilities & Capacities
MANUFACTURING FACILITIES & CAPACITIES Units Manufacturing Installed Capacities Acrylic/Blended Acrylic Polyester Yarn/ Unit I - Spinning Unit 65,904 Spindles Blended Polyester Cotton yarn Support to Unit No. I & III for their synthetic Unit II - Dye House 15-20 MTPD fibre/ yarn dyeing processing com
Slide 8: Technological Edge
TECHNOLOGICAL EDGE Technologically advanced machineries to support our manufacturing infrastructure Robust control practices in place to ensure consistent quality of our products Use of modern testing instruments such as: ₋ HVI ₋ AFIS ₋ Uster Classimat ₋ Uster Tensest ₋ Uster Hairiness tester
Slide 9: Strategic Advantages
STRATEGIC ADVANTAGES Rail & Roads : Helps in better connectivity Inland Container Depot(ICD): ICD at with other parts of India. Bathinda/Ludhiana for import/export clearances & regular road transport/train service availability between company’s unit/ICD and different seaports. Add Text Here Add Text
Slide 10: Product Range
PRODUCT RANGE 100% Cotton Yarns 100% cotton combed compact yarns in normal and sublime quality for knitting and weaving 100% cotton combed compact slub 100% cotton combed Eli twist Polyester/Cotton Blended Yarns Polyester/cotton combed yarns Polyester/ cotton Melange yarns Fancy Yarns Ja
Slide 11: Sales & Marketing
SALES & MARKETING Focus on excellence Focus on delivering best & premium quality products to most quality conscious brands and customers. Customer Driven Innovation As a result of changing trends in both domestic & international markets accompanied with customer centric approach, our innovation init
Slide 12: Marquee Customers
MARQUEE CUSTOMERS Sportking vorsey M&S TNR\ IKEA) EST. 1884 > ) s Oliver Et interlexp COTTON USA™
Slide 13: Board of Directors
BOARD OF DIRECTORS Munish Avasthi Naresh Jain Prashant Kochhar Sandeep kapur Harpreet Kaur Kang Managing Director Executive/Whole Non-Executive Non-Executive Non Executive Time Director Independent Director Independent Director Independent Director • Munish Avasthi aged • Naresh Jain has • Prashant
Slide 14: Management Team
MANAGEMENT TEAM Praveen Kumar Gupta • Praveen Kumar Gupta is a Chartered Accountant & Company Secretary with experience of over 38 years Chief Financial Officer • He looks after overall works related to Finance, Finalization of company’s Balance sheet, Direct/Indirect taxation, Exports & Imports, ke
Slide 15: Certificates & Compliances
CERTIFICATES & COMPLIANCES Global Organic textile Organic Content Standard Standard Oeko-Tex Fairtrade ISO 9001 2015 Global Recycle Standard 15
Slide 16: Way Forward
Sportkiqg > _ i Way Forward
Slide 17: Business Strengths
BUSINESS STRENGTHS Product Range 04 Competitive Prices Well diversified range of products Sportking enjoys price leadership suitable for use in manufacture of status in all of the market segments woven and knitted fabrics for due to its ability to supply high quality summer and winter wear products
Slide 18: Capacity Buildup Over the Years
CAPACITY BUILTUP OVER THE YEARS Continuous capacity addition to support robust growth in our business 2,74,704 68,256 34,464 -6,520 24,480 Closure of a unit(Small 52,800 capacity) 28,800 12,096 23,232 12,720 17,856 6,520 1994 1996 1998 2006 2007 2011 2012 2013 2014 2014 2019 Total Existing Capacity
Slide 19: Quarterly Business Updates
QUARTERLY BUSINESS UPDATES Successful commissioning of 10.2 MW Status of ongoing expansion Project Rooftop Solar Power Project at Bathinda Unit Phase 1 & 2 at Bathinda Unit 1st Phase capacity addition – 40,800 Spindles for manufacturing of Polyester Cotton yarn - Main machinery has arrived at site
Slide 20: Financial Performance
Sportkiqg Financial Performance
Slide 21: Delivered Strong Growth with Sustained Margins
DELIVERED STRONG GROWTH WITH SUSTAINED MARGINS Growth in Export Businesses Revenue +34.9% Rs. 606 crores 252 319 +27% Operating EBITDA +7.3% Q1FY22 Q1FY23 Rs. 134 crores Margin at 22.1% Q1FY23 Revenue Contribution 52.6% Operating PBT +11.6% Contribution from Rs. 116 crores Export Business Margin at
Slide 22: Q1FY23 Performance (YoY/QoQ)
Q1FY23 PERFORMANCE (YOY/QOQ) Revenue from Operations (Rs. in Crs) EBIDTA (Rs. in Crs) PBT (Rs. in Crs) +35% +2% +7% +10% 606 593 606 154 140 125 134 134 116 116 450 106 Q1FY22 Q1FY23 Q4FY22 Q1FY23 Q1FY22 Q1FY23 Q4FY22 Q1FY23 Q1FY22 Q1FY23 Q4FY22 Q1FY23 PAT (Rs. in Crs) EBITDA % PAT % +5% 104 27.8 10
Slide 23: Q1 FY23 & FY22 Profit & Loss
Q1 FY 23 & FY22 PROFIT & LOSS Profit & Loss statement (Rs. in Crs) Q1FY23 Q1FY22 Y-o-Y Q4FY22 Q-o-Q FY22 FY21 Y-o-Y Revenue from Operation 606 450 34.6% 593 2.2% 2154 1306 65% Raw Material Cost 390 256 337 1181 785 Purchase of Finished goods 0 0 0 0 0 (Increase) / Decrease In Stocks -18 -16 -4 -14 1
Slide 24: Annual Financial Charts
ANNUAL FINANCIAL CHARTS Revenue from Operations (Rs. in Crs) EBITDA (Rs. in Crs) PBT (Rs. in Crs) +19.5% 2,154 596 547 +55.7% +108.7% 1,355 1,306 1,055 1,160 211 129 136 140 101 29 38 18 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 PAT (Rs. in Crs) EBITDA % PAT % 409 27
Slide 25: Key Financial Ratios as on FY22
KEY FINANCIAL RATIOS AS ON FY22 ROCE # ROE * 76.4% 72.8% +5,080 bps +6,430 bps 31.7% 27.8% 14.8% 19.5% 16.0% 10.0% 10.9% 5.0% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Interest Coverage ratio Long term Debt/Equity Ratio 20.8 0.99 0.80 0.61 0.54 5.8 3.5 3.3 2.4 0.18 FY18 FY19 FY20 FY21 FY22 F
Slide 26: Improving Debt Profile & Financial Ratios
IMPROVING DEBT PROFILE & FINANCIAL RATIOS Financial ratios Long term Debt to Equity Debt to Equity Short Term Debt Long Term Debt 0.21 0.77 0.18 449.0 176.0 0.46 142.0 217.0 Short Term DebtMacrh 2022 June 2022 Macrh 2022 June 2022 Macrh 2022 June 2022 Macrh 2022 June 2022 TOL/ TNW Ratio Current Rati
Slide 27: Profit & Loss Statement
PROFIT & LOSS STATEMENT Profit & Loss statement (Rs. in Crs) Mar'22 Mar'21 Mar'20 Mar'19 Mar'18 Revenue from Operation 2154 1306 1355 1161 1055 Raw Material Cost 1181 785 901 756 682 Purchase of Finished goods 0 0 1 1 1 (Increase) / Decrease In Stocks -14 10 7 -2 13 Power Cost 120 112 113 96 95 Gros
Slide 28: Thank You
THANK YOU Sportking India Limited CIN: L17122PB1989PLC053162 Mr. Lovlesh Verma 01612845456 cs@sportking.co.in www.sportking.co.in Mr. Bhavin Soni +91 9833537225 Bhavin.soni@linkintime.co.in Mr. Rajesh Agrawal +91 9967491495 Rajesh.Agrawal@linkintime.co.in