Azgard Nine Limited · PSX:ANL
Azgard Nine — Investor Presentation (November 2019)
13 slides from Azgard Nine's investor presentation, Nov 19, 2019
Slide 1: Azgard Nine Limited Corporate Briefing Session
AZGARD NINE LIMITED Corporate Briefing Session For the Financial Year Ended on June 30, 2019
Slide 2: Briefing Agenda
Briefing Agenda Company Brief Developments 01 • Plant Location and Capacities • Strength, Weaknesses, Opportunities, Threats (SWOT) Matrix. 02 • Updates for the Year 2018-19 • Creditors’ Scheme of Arrangement Financial results Questions & Answers 03 • Six Years at a Glance • Graphical presentation o
Slide 3: Company Brief - Units
COMPANY BRIEF - UNITS Location Units 2019 2018 Comment Open End Spinning - Manga No. of Rotors Unit I: 3,304 3,304 Installed Capacity - Kgs. 2.5K.M. Off: Manga, Raiwind Road, LHR 12,184,435 12,184,435 Actual Production - Kgs. 9,205,399 8,025,873 Capacity Utilized % 76% 66% Favorable trend. Ring Spin
Slide 4: ANL - SWOT Analysis
ANL - SWOT ANALYSIS Strengths • Increasing demand as seen through growth in Sales by 26% in 2018-19. S W Weaknesses • Liquidity issues due to pending DLTL/Sales tax refunds. • Maintaining competitiveness through • Competitiveness issues due to tough cost reduction. Competition within region. • Inter
Slide 5: Updates for the Year 2018-19
Updates for the Year 2018-19 Material Information: October 08, 2018 As communicated to Pakistan stock Rented Facility from M/S: Irfan Textiles (Pvt.) Ltd became operational. Exchange (PSX) during the year 2018- 19. January 31, 2019 Honorable Lahore High Court verbally Approved Creditors’ Led Scheme
Slide 6: Updates for the Year 2018-19
Updates for the Year 2018-19 Material Information: August 09, 2019 As communicated to Pakistan stock Certified copy of Honorable Lahore High Court’s Judgement about creditor’s scheme of arrangement Exchange (PSX) during the year 2018- delivered to PSX. 19. October 16, 2019 Certified copy of creditor
Slide 7: Six Years at a Glance - Rs. Million
Six Years at a glance – Rs. Million Sales - net Sales/ Operating Profit/(Loss)/Profit After Tax 25,000 Rs. in Million 25,000 20,215 20,215 20,000 20,000 15,982 15,982 15,000 13,302 13,176 15,000 12,802 13,302 13,176 12,802 10,702 10,000 10,702 10,000 5,000 2,064 1,423 600 932 115 197 305 5,000 - 201
Slide 8: Sales Versus Assets
Sales Versus Assets Rs. Million Net Sales Vs. Total Assets Net Sales Vs. Property, Plant & 25,000 22,686 Equipment 25,000 19,867 20,215 20,000 18,271 18,690 20,215 20,000 15,982 15,982 15,000 13,176 12,802 15,000 13,176 12,802 13,215 13,358 10,000 13,194 13,169 10,000 5,000 5,000 - - 2015-16 2016-17
Slide 9: Financial Position - Rs. Million
Financial Position – Rs. Million Equity Vs. Current Liabilities Vs. Equity Vs. Long-Term Debt Non-Current Liabilities 9,000 25,000 8,000 7,000 20,000 6,000 15,000 5,000 4,000 7,702 7,818 8,065 7,688 21,272 10,000 17,620 18,707 3,000 16,630 2,000 5,000 353 228 429 1,000 1,064 1,064 1,288 842 732 351
Slide 10: Future Outlook - Creditors' Scheme of Arrangement
Future Outlook – Creditors’ Scheme of Arrangement • Scheme of Arrangement provides for raising of finance to completely/partially pay-off the financial creditors. • These finances will be raised by way of: A) Sale of Two non-core units of the company. B) Issuance of shares as right issue. C) Issuanc
Slide 11: Future Outlook - Creditors' Scheme of Arrangement
Future Outlook – Creditors’ Scheme of Arrangement As per scheme, the company’s liabilities and how they are proposed to be restructured are as follows: • Company’s Total Liability: Rs. 17,392,993,398/- (As on 30.06.2017) • Total Amount to be restructure under the scheme: Rs. 13,120,622,467/- • Total
Slide 12: Future Outlook - Creditors' Scheme of Arrangement
Future Outlook – Creditors’ Scheme of Arrangement Three Options available to creditors: • OPTION A: To receive 15% of its principal amount and 10% of its markup amount and some TFCs upfront, in exchange for foregoing amount. • OPTION B: To receive 10% of markup and some TFCs upfront in exchange for
Slide 13: Thank You
ANL – Corporate Briefing Session Thank You Questions & Answers