S.p. Apparels Ltd. · NSE:SPAL
S.p. Apparels — Q1 FY17 Earnings Presentation
23 slides from S.p. Apparels's earnings presentation, August 2016
Slide 1: Results Update Presentation Q1 FY17
S.P. Apparels Limited Results Update Presentation Q1 FY17
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”) have been prepared by S.P. Apparels Limited (the “Company” or “SPAL”). The particulars of this Presentation contain statements related but not limited to revenues, financial results and supplemental financial in
Slide 3: Q1 FY17 Financial Highlights
S.P. Apparels Limited (“SPAL”) 1 Q1 FY17 Financial Highlights
Slide 4: Strong Q1 FY17 Performance (consolidated)
Strong Q1 FY17 Performance (consolidated) Total revenue at INR 1,644.1 million in Q1 FY17 Revenue growth of 32.0% over Q1 FY16 and 7.8% over Q4 FY16 EBITDA at INR 342.1 million and PBT at INR 226.4 million EBITDA growth of 64.5% over Q1 FY16 and 62.1% over Q4 FY16 PBT growth of 123.8% over
Slide 5: Consolidated Financial Highlights – Q1 FY17 Vs Q1 FY16
Consolidated Financial Highlights – Q1 FY17 Vs Q1 FY16 Revenue (INR mn) EBITDA (INR mn) 1,644.1 32% 342.1 1,245.3 64% 208.0 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 PBT (INR mn) 226.4 124% 101.2 Q1 FY16 Q1 FY17 S.P. Apparels Limited 5
Slide 6: Consolidated Financial Highlights – Q1 FY17 Vs Q4 FY16
Consolidated Financial Highlights – Q1 FY17 Vs Q4 FY16 Revenue (INR mn) EBITDA (INR mn) 8% 1,644.1 342.1 1,524.8 62% 211.1 Q4 FY16 Q1 FY17 Q4 FY16 Q1 FY17 PBT (INR mn) 226.4 143% 93.3 Q4 FY16 Q1 FY17 S.P. Apparels Limited 6
Slide 7: Consolidated P&L Statement
Consolidated P&L Statement Year-on-Year comparison Quarter-on-Quarter comparison INR million Q1 FY17 Q1 FY16 YoY growth Q1 FY17 Q4 FY16 QoQ growth Operating Revenue 1,624 1,218 33.4% 1,624 1,497 8.5% Other Income 20 28 -27.8% 20 28 -29.7% Total Revenue 1,644 1,245 32.0% 1,644 1,525 7.8% EBITDA 342 2
Slide 8: Management Commentary on Q1 FY17 Performance
Management Commentary on Q1 FY17 Performance Total Revenue at INR 1,644.1 million, growth of 32.0% over Q1 FY16 Revenue growth of 23.3% in garments division and 74.1% in retail division (although on a smaller base) Growth in garments division driven by increase in sewing capacity EBITDA at I
Slide 9: Financial Trends (consolidated)
Financial Trends (consolidated) EBITDA Margin (%) PBT Margin (%) 13.8% 20.8% 16.8% 8.3% 15.8% 14.4% 5.1% 2.6% FY14 FY15 FY16 Q1 FY17 FY14 FY15 FY16 Q1 FY17 RoE* (%) RoCE* (%) 48.8% 28.9% 17.9% 14.9% 16.7% 11.6% 7.3% 10.0% FY14 FY15 FY16 Q1 FY17 FY14 FY15 FY16 Q1 FY17 * Returns for Q1 FY17 represent
Slide 10: IPO Update and Shareholding Pattern
IPO Update and Shareholding Pattern 2
Slide 11: IPO Update and Shareholding Pattern
IPO Update and Shareholding Pattern SPAL successfully completed its Initial Public Offer in August 2016 Overall subscription at 2.7 times QIB subscription 2.2 times; NII subscription 5.1 times; Retail subscription 1.9 times Listed on both BSE and NSE with 12,530 shareholders* Shareholding Pa
Slide 12: Utilization of IPO Proceeds
Utilization of IPO Proceeds Offer Utilization of Net Proceeds Proceeds as on August 24, 2016 Amount Utilization Amount Particulars INR million Particulars (INR million) Pending Planned Utilized Utilization Expansion and modernization 701.6 0.0 701.6 A Fresh Issue 2,150.0 of manufacturing facility Re
Slide 13: Investor Relations
Investor Relations 3 Earnings Call Details and Key Contacts
Slide 14: Earnings Call Details and Key Contacts
Earnings Call Details and Key Contacts SPAL announced its unaudited results for the quarter ended June 30, 2016 on August 24, 2016 Earnings Call Details Date – August 25, 2016 Time – 04:00 pm Dial-in details to be circulated Investor Relations Contact Mr S. Murali Email – s.murali@s-
Slide 15: Annexure I: Company Overview
Annexure I 4 Company Overview
Slide 16: S.P. Apparels - Overview
S.P. Apparels - Overview Leading Indian manufacturer and exporter of knitted garments for infants and children 21 Manufacturing facilities Knitting Spinning Dyeing Printing Embroidery Sewing (proposed) S.P. Apparels Limited 16
Slide 17: Specialized Manufacturer Of Infant And Children's Wear
Specialized Manufacturer Of Infant And Children’s Wear Specialized manufacturer supported by strong in-house design and quality inspection facilities SPAL specializes in the highly challenging industry of manufacture and export of knitted garments for infants and children The labour-intensive, q
Slide 18: Long Standing Relationships with Reputed International Brands
Long Standing Relationships with Reputed International Brands Developed expertise to concurrently manage multiple large orders as well as developed a diversified product range Quality control and relationships have ensured no bulk returns from our customers since inception Commitment to qualit
Slide 19: Our Strengths
Our Strengths Leading Indian manufacturer-exporter of knitted garments for infants and children Global children’s-wear market has attractive growth prospects Long standing relationships with reputed international retailers Demonstrated ability to setup independent units that are integrated w
Slide 20: Annexure II: Management Team and Board of Directors
Annexure II 5 Management Team and Board of Directors
Slide 21: Qualified Management with Deep Understanding of Apparel Sector
Qualified Management with Deep Understanding of Apparel Sector Mr P. Sundararajan Chairman and Managing Director Founder director of SPAL with 31 years of experience in the textile and apparel industry Ms P.V. Jeeva, Chief Executive Officer Mr V. Balaji, Chief Finance Officer Bachelor of Science
Slide 22: Independent Directors – Wide Spectrum of Experience
Independent Directors – Wide Spectrum of Experience Mr Srinivas Chidambaram Mr A.S. Anandkumar Mr P. Yesuthasen Independent Director Independent Director Independent Director 26 years of experience mainly 43 years of experience in 40 years of experience in in financial services banking banking
Slide 23: Thank You
Thank You S.P. Apparels Limited 23 39-A, Extension Street, Kaikattipudur Avinashi 641 654, Tirupur District, Tamil Nadu, India