Blessed Textiles Limited · PSX:BTL
Blessed Textiles — Investor Presentation (November 2023)
23 slides from Blessed Textiles's investor presentation, November 2023
Slide 1: Blessed Textiles Limited Corporate Briefing Session - 2023
1 BLESSED TEXTILES LIMITED CORPORATE BRIEFING SESSION - 2023
Slide 2: Disclaimer
2 Disclaimer The Blessed Textiles Ltd has developed the presentation for the corporate briefing session, which is only intended for the participants discussion. Investors or prospective investors are not permitted to construe any statement, information, or representation made during the conversation
Slide 3: Table of Contents
3 Table of Contents o Introduction o Corporate Information o Group Structure o Outlook of Textile Sector o Key Performance Indicators o Financial Performance o Historical Data o Question and Answers o Thank You Note
Slide 4: Introduction
Introduction 4 Blessed Textiles Limited The company incorporated in 1987 and operated under the common management of the Umer Group. The company’s management is pioneered in textile sector based on extensive experience coupled with through knowledge both locally and globally. The company operates wi
Slide 5: Corporate Information
Corporate Information 5 Incorporation The company Blessed Textiles Limited established in September 1987. Symbol BTL Legal Status Public Limited Company. Capital Authorized Capital - 65,000,000 Issued Paid-up Capital - 64,320,000 (Ordinary Share of Rs.10 each) Associated Undertakings Bhanero Textile
Slide 6: Registered and Liaison Office, Manufacturing Units, Credit Rating
6 Registered and Liaison Office Registered office of the company is located at Umer House, 23/1, Sector 23, K.I.A , Karachi. Liaison office of the company is located at City Towers, Main Boulevard, Gulberg-II, Lahore. Manufacturing Units i) Spinning Unit I with an installed capacity of 24,864 spindl
Slide 7: Governing Board
Governing Board 7 The governing board comprised of ten(10) members and all the appointments of independent, executive, non-executive and female directors are in line under the under Code of Corporate Governance Regulations, 2019. All the members of the governing board are accredited under Directors
Slide 8: Categories of Shareholders as at June 30, 2023
BLESSED TEXTILE LIMITED CATEGORIES OF SHAREHOLDERS AS AT JUNE 30, 2023 8 NUMBERS OF SR # CATEGORIES OF SHAREHOLDERS SHARES HELD PERCENTAGE % SHAREHOLDERS Director's, CEO, Their Spouse and Minor 1 22 2,289,984 35.60 Children Associated Companies, Undertaking and 2 19 3,147,516 48.94 Related Parties 3
Slide 9: Free Float of Shares
Blessed Textiles Limited Free Float of Shares As on June 30, 2023 9 Total outstanding shares 6,432,000 Less : Shares held by Directors /Sponsors 4,248,340 Government holding as Promoter /Acquirer /Controller Shares held by Associated Undertakings 1,189,160 Shares held with General Public 58,200 5,49
Slide 10: Group Structure
Group Structure 10 Textiles Leather Bhanero Textile Mills Ltd Firhaj Footwear (Pvt) Limited Spinning Unit I Footwear Retailing - Unit I Spinning Unit II Footwear Manuf. - Unit II Weaving Unit III Leather Garment - Unit III Spinning Unit IV Dairy Faisal Spinning Mills Ltd Umer Farms (Pvt) Limited Spi
Slide 11: Outlook of Textile Sector
Outlook of Textile Sector 11 Amidst to other regions of the world, Pakistan's manufacturing industry has suffered during the global economic downturn brought on by the conflict in Ukraine and rising energy costs. Pakistan's faltering economy and protracted periods of political instability present ex
Slide 12: Key Performance Indicators
Key Performance Indicators 12
Slide 13: Statement of Financial Position as at June 30, 2023
Statement of Financial Position as at June 30, 2023 13 Equity & Liabilities - (PKR in Millions) Assets - (PKR in Millions) 14,000 20,000 18,906 11,925 18,000 12,000 16,000 9,645 10,000 9,017 14,000 12,000 11,174 8,000 5,700 10,000 8,364 6,000 8,000 3,972 4,337 6,152 4,000 6,000 4,000 2,000 2,000 - -
Slide 14: Statement of Profit or Loss
Blessed Textiles Limited Statement of Profit or Loss For the year ended June 30, 2023 30-Jun-23 30-Jun-22 14 Rupees Rupees Revenue from contracts with customers - 24,156,586,324 22,030,768,817 net Cost of sales (21,584,363,517) (16,976,189,058) Gross profit 2,572,222,807 5,054,579,759 Selling and di
Slide 15: Turnover - PKR Million
15 Turnover - PKR Million 30,000 25,000 24,157 22,031 20,000 15,431 15,000 12,360 12,346 10,257 10,000 5,000 - 2023 2022 2021 2020 2019 2018
Slide 16: PBT & PAT - %
16 PBT & PAT - % 20.00% Profit before tax (%) Profit after tax (%) 18.00% 17.20% 15.82% 16.00% 14.56% 13.90% 14.00% 12.00% 10.00% 8.00% 6.39% 6.00% 5.15% 4.91% 4.20% 4.44% 4.00% 3.44% 3.59% 3.11% 2.00% 0.00% 2023 2022 2021 2020 2019 2018
Slide 17: Shareholder Equity
17 Shareholder Equity - PKR in “000” 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 - 2023 2022 2021 2020 2019 2018 Shareholder 9,644,972 9,016,551 6,024,705 3,889,547 3,755,089 3,251,805 equity
Slide 18: Breakup & Market Value per Share
Breakup & Market Value per Share 18 1499.53 1401.83 1600 1400 1200 936.68 1000 604.72 800 583.81 505.57 490.00 440.00 600 355.30 331.62 255.00 239.90 400 200 0 2023 2022 2021 2020 2019 2018 Breakup value per share Market value of share
Slide 19: Earnings per Share
19 Earnings per Share - Rupees per Share 600 498.55 500 400 333.54 300 200 116.73 98.79 100 66.12 57.29 0 2023 2022 2021 2020 2019 2018
Slide 20: Cash Dividend
Cash Dividend - PKR in ("000) 20 250,000 200,000 150,000 100,000 50,000 - 2023 2022 2021 2020 2019 2018 2023 2022 2021 2020 2019 2018 Cash Dividend - PKR in ("000) 106,128 212,256 212,256 150,509 127,354 147,936
Slide 21: Historical Data
Historical Data 21 2023 2022 2021 2020 2019 2018 Spinning Unit Spindle installed 86,496 73,440 72,240 68,640 68,640 68,640 Spindles worked 86,496 73,440 72,240 68,640 68,640 68,640 Installed capacity after conversion into 20/s count - Kg 30,254,000 29,570,000 27,583,000 23,405,000 23,405,000 23,405,
Slide 22: Ratios
Ratios 2023 2022 2021 2020 2019 2018 Performance 22 Sales growth percentage - Year to Year basis 9.65% 42.77% 24.85% 0.11% 20.36% 27.20% Gross profit (%) 10.65% 22.94% 21.45% 10.10% 13.06% 10.45% Profit before tax (%) 4.20% 17.20% 15.82% 4.44% 6.39% 4.91% Profit after tax (%) 3.11% 14.56% 13.90% 3.4
Slide 23: Question & Answers Session
23 Question & Answers Session The honorable guest and shareholders of the company are requested to proceed for question and answer session with regard to the financial statements for the year ended June 30, 2023. Thanks
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