Bsl Ltd · NSE:BSL
Bsl — Q1 FY25 Earnings Presentation
33 slides from Bsl's earnings presentation, Aug 5, 2024
Slide 1: BSL Limited Q1 FY25 Investor Presentation
BSL Limited Q1 FY25 Investor Presentation NSE: BSL BSE: 514045
Slide 2: Safe Harbor
Safe Harbor This presentation has been prepared by BSL Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situation, or informational need of any particular person. This presentation may not be copied, distributed, or disseminated, directly o
Slide 3: Presentation Content
Presentation Content 01. Financial Performance 04. ESG Initiatives 02. Growth Drivers 05. Management Team 03. Company Profile 06. Annexure Thank You 3 Q1 FY25 Content
Slide 4: Chairman Message
Chairman Message Commenting on the results, Mr. Arun Churiwal, Chairman of BSL Limited said, “Amid the evolving global landscape and various cost challenges, our unwavering commitment to innovation and quality remains our driving force. The recent normalization of sales and inventory levels has stre
Slide 5: Managing Director Message
Managing Director Message Commenting on the results, Mr. Nivedan Churiwal, MD of BSL Limited said, "BSL Limited has shown resilience amid global economic challenges. Despite uncertainties such as escalating conflicts, rising labor costs, Red Sea issues resulting in increasing logistics costs, and fl
Slide 6: Financial Performance
01. Financial Performance Q1 FY25 Financial Performance Historical Financial Performance NSE: BSL BSE: 514045
Slide 7: Q1 FY25 Financial Performance
Q1 FY25 Financial Performance ₹ in Cr Revenue Gross Profit & EBITDA & Margin(%) PAT & Margin(%) Margin(%) 160 164 156 71 74 74 16 15 15 2.3 2.5 2.3 44.0% 47.2% 45.2% 9.4% 10.5% 1.4% 1.6% 9.3% 1.4% Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q4 FY24 Q1 FY25 YoY: 2.
Slide 8: Q1 FY25 Persistence Resilience
Q1 FY25 Persistence Resilience ₹ in Cr Financial Highlights Total income in Q1FY25 stands at ₹164.2 Cr grew by 2.1% Y-o-Y with higher contribution from furnishing segment. EBIDTA in Q1FY25 is ₹15.2 Cr remained flattish. EBIDTA Margin stood at 9.3%, a decline (10 bps) mainly on account of higher
Slide 9: Q1 FY25 Segment Wise Revenue
Q1 FY25 Segment Wise Revenue Fabric Furnishing Yarn Others 100% 4% 6% 4% 90% 80% 40% 48% 48% 70% 60% 12% 50% 12% 14% 40% 30% 43% 20% 34% 34% 10% 0% Q1 FY24 Q4 FY24 Q1 FY25 9 Q1 FY25 Financials
Slide 10: Historical Financial Performance
Historical Financial Performance ₹ in Cr Revenue Gross Profit & Margin(%) EBITDA & Margin(%) PAT & Margin(%) 667 65 472 436 51 17 390 40 321 294 250 11 11 31 30 224 199 166 51.0% 51.6% 51.4% 52.9% 44.1% 7.9% 9.4% 9.2% 10.9% 9.8% 2.6% 3.6% 1.7% 2 1 4.0% 4.0% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY
Slide 11: Historical Financial Segmental Performance
Historical Financial Segmental Performance Fabric Furnishing Yarn Others ₹18 Cr (3.8%) ₹21 Cr (3.1%) ₹98 Cr (20.8%) ₹303 Cr (45.5%) ₹98 Cr (20.8%) ₹77 Cr (11.6%) ₹258 Cr (54.6%) ₹265 Cr (37.8%) FY23 FY24 11 Q1 FY25 Financials
Slide 12: Historical Financial Performance
Historical Financial Performance ₹ in Cr ROCE RONW FACR(x) 10.9% 9.7% 16.3% 3.1 8.7% 7.4% 7.3% 12.9% 10.0% 1.8 1.4 1.3 1.3 2.2% 1.7% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Net Working Capital Net Debt Net Debt to Equity(x) 45.7 437 37.2 37.8 39.2 3.9 346 3.3 2.2 2
Slide 13: Growth Drivers
02. Growth Drivers Growth Driving Factors NSE: BSL BSE: 514045
Slide 14: Growth Driving Factors: Robust Demand
Growth Driving Factors ▪ In 2021, the Indian textile & apparel ▪ The Indian Government has come up ▪ Owing to China Plus One sentiment industry is pegged at $105 bn, with ~71% with several export promotion policies for globally, India’s textile exports are by domestic consumption and 29% by the text
Slide 15: Growth Driving Factors: Investment Return
Growth Driving Factors ▪ BSL Limited has commenced commercial ▪ The Textile Industry is an ever-growing ▪ BSL Limited’s Marketing Strategy is operations in its Cotton Spinning Project market, with key Competitors being China, uniquely designed for the company and from March 2023 at full capacity. th
Slide 16: Company Profile
03. Company Profile About Us Milestone Business Verticals Strong Parentage NSE: BSL BSE: 514045
Slide 17: Pioneers in Textile Manufacturing
About Us Diverse Range of Products Pioneers in Textile Manufacturing BSL Limited, established in 1971, is a renowned manufacturer of a diverse range of textile Production products, including synthetic, worsted, and cotton yarn, as well as synthetic and Worsted Particulars Capacity Suitings, and vari
Slide 18: Milestone
Milestone The company took decisive step to venture into Converted into a furnishing fabrics and over Incorporated under Public Limited the last decade or more, this the name of has been the biggest growth Company under the “Raj General Udyog engine for success story for name of “Bhilwara Private Li
Slide 19: Business Vertical - Suiting
Business Vertical - Suiting BSL Limited Provides Finest Premium Suiting Fabrics For Both Domestic & Export Markets TR FABRICS PW FABRICS PV FABRICS 19 Q1 FY25 Company Profile
Slide 20: Business Vertical - Furnishing
Business Vertical - Furnishing The New Benchmark From Soft Furnishing Fabrics To Upholstery Fabrics & Exquisite Silk Fabrics Offers A Wide Range Of Premium Furnishing FURNITURE CURTAINS Furnishing Fabrics SILK FABRIC 20 Q1 FY25 Company Profile
Slide 21: Business Vertical - Yarn
Business Vertical - Yarn The Highest Quality Fabrics Begin with Yarn that comes from a State-of-the-art Manufacturing Facility. Made of different materials, colour patterns, gauges, and weights, our yarns are a Testament to World-class Quality and Craftsmanship. POLY WOOL YARN COTTON YARN Poly Wool
Slide 22: Strong Parentage
Parentage POWER CONSULTANCY ELECTRODES ▪ Indo Canadian Consultancy Services Limited ▪ HEG Limited Strong TEXTILES HIGHLIGHTS ▪ BSL Limited ▪ 5 Group companies listed on the Stock ▪ Maral Overseas Limited Exchanges. ▪ RSWM Limited ▪ Production units & Corporate office spread ▪ Bhilwara Technical Text
Slide 23: ESG Initiative
04. ESG Initiative Environment Social Governance NSE: BSL BSE: 514045
Slide 24: Green Company
Environment OEKO-TEX Agro-Fuel The Company has received From July 2022 onwards, In-Line OEKO-TEX Certifications which with Global Sustainability ensure that our Products have been Initiatives, an Agro-Fuel system For Tested Against a list of up to 350 Boiler & Thermopack is being used Toxic Chemical
Slide 25: Social CSR Overview
Social CSR Regulatory Integration with Overview Mechanism Corporate Objectives Corporate social responsibility is also A CSR policy acts as a self-regulating The company sees CSR activities as a known as corporate conscience, system where a business keeps track crucial part of its corporate corporat
Slide 26: Governance
Governance Internal Control Systems Whistle Blower Policy Corporate Governance The Company has adequate The Company has a vigil The Company is committed to Internal Control Systems, Mechanism named Whistle Blower maintaining the highest standards commensurate with the size, scale policy to dea
Slide 27: Management Team
05. Management Team Management Team Board Members Achievements NSE: BSL BSE: 514045
Slide 28: Management Team
Management Team Shri Arun Churiwal Shri Nivedan Churiwal Shri Praveen Jain Chairman Managing Director CFO & Director (Operations) Annexure 28 Q1 FY25 Management Team
Slide 29: Board Members
Board Members Shri Arun Churiwal Shri Praveen Jain Chairman, B.A. (Hons.), 50+ years of experience CFO & Director (Operations), F.C.A., F.C.S., F.C.M.A., 33+ years of experience Shri Nivedan Churiwal Shri Jagdish Chandra Laddha Managing Director, B.Com, 23+ years of experience Independent Director,
Slide 30: Achievements
Achievements Best Overall Export Performance - Export of fabrics to Focus Lac Countries 2018 - 19 Golden Trophy Best Overall Export Performance - Export of Natural Silk Goods 2017 - 18 Silver Trophy Best Overall Export Performance - Export of fabrics to Focus Lac Countries 2017 - 18 Golden Trophy Be
Slide 31: Annexure
06. Annexure Profit & Loss Statement NSE: BSL BSE: 514045
Slide 32: Profit & Loss Statement
Profit & Loss Statement Parameter Quarterly Yearly (₹ in Cr) Q1 FY25 Q4 FY24 QoQ Q1 FY24 YoY FY24 Total Income 164.2 156.4 5.0% 160.8 2.1% 667.2 Raw Material Cost 95.7 90.1 84.7 370.2 Employee Cost 23.8 22.6 22.6 91.0 Power, Fuel & Water Cost 14.3 14.8 14.3 57.5 Other Expenses 20.6 20.0 18.7 80.4 In
Slide 33: Thank You!
Thank You! GE T IN TO U CH WIT H U S BSL Limited Rik Consultancy & Advisory Services LLP Shri Nivedan Churiwal Shri Praveen Jain Mr. Ritesh Shashiprakash Singh Managing Director CFO & Director (Operations) Investor Relations Consultant E: Nivedan@bslltd.com E: Praveenjain@bslsuitings.com M: +91 8329