Nitin Spinners Limited · NSE:NITINSPIN
Nitin Spinners — Q3 FY25 Earnings Presentation
18 slides from Nitin Spinners's earnings presentation, Jan 27, 2025
Slide 1: Exchange filing cover letter
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Slide 2: Nitin Spinners Limited Q3 & 9M FY25 Investor Presentation
Nitin Spinners Limited Q3 & 9M FY25 Investor Presentation
Slide 3: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nitin Spinners Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Management Commentary – Q3 & 9MFY25
MANAGEMENT COMMENTARY – Q3 & 9MFY25 Commenting on the results, Mr. Dinesh Nolkha – Chairman and Managing Director said, “The performance for Q3 and 9M has been stable, with improved demand across our product segments. This gives us confidence in sustaining growth and creating value across our operat
Slide 5: Capex Update
CAPEX UPDATE Capacity expansion across Spinning, Weaving and Finishing Fabric Existing Additions ~(24Months) Post Capex Spinning (TPA) in Thousand 110 22.4 132 Weaving and Finishing Fabric(Mn Mtrs/pa) 40 35 75 Capex Details Key Rationale Funding ▪ Spinning: Additions of approx 66,096 Spindles ▪ Prod
Slide 6: Revenue Bifurcation
REVENUE BIFURCATION Q3 FY25 Q3 FY24 Q2 FY25 9M FY25 9M FY24 Products Rs. Crs % Rs. Crs % Rs. Crs % Rs. Crs % Rs. Crs % Yarn 606.1 72.3% 530.4 70.7% 596.9 72.6% 1,789.0 72.6% 1,457.4 69.2% Fabrics 189.6 22.6% 185.4 24.7% 185.7 22.6% 548.6 22.3% 526.0 25.0% Others 43.2 5.1% 34.6 4.6% 39.9 4.8% 126.8 5
Slide 7: Production and Sales Volume
PRODUCTION AND SALES VOLUME Q3 FY25 Q3 FY24 Q2 FY25 9M FY25 9M FY24 Production Yarn (MT) 27,005 25,158 27,255 80,559 65,941 Knitted Fabric 1,567 1,651 1,657 4,524 3,547 Woven & Finished Fabrics Griege Woven Fabric Production (Mn Mtrs) 8.81 9.24 9.02 26.63 27.03 Finished Fabric Production (Mn Mtrs) 8
Slide 8: Profit and Loss Statement
PROFIT AND LOSS STATEMENT Particulars (Rs. Crs) Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9M FY25 9M FY24 Y-o-Y Total Revenue 838.87 750.42 11.7% 822.52 2.0% 2,464.3 2,104.9 17.0% EBITDA 117.16 102.73 14.0% 115.15 1.7% 351.11 260.81 34.6% EBITDA Margin (%) 13.97% 13.69% 28 bps 14.00% (3 bps) 14.25% 12.39%
Slide 9: Nitin Spinners - At a Glance
NITIN SPINNERS - AT A GLANCE India’s Leading manufacturer of Cotton & Blended Yarn, Knitted Fabrics, Greige & Finished Woven Fabrics Established in 1992 Headquartered in Bhilwara 9M FY25 (Rajasthan) Rs. 2,464 Crs 351 Crs | 14.2 % 129 Crs | 5.2% Plants located at Bhilwara & Chittorgarh, Revenue EBITD
Slide 10: Our Journey
OUR JOURNEY 1993 1993 1999 1995 2002 2003 2005 2005 ▪ Commenced Operations With Open-End ▪ Total Installed Rotors Reached ▪ Ventured into Ring Spinning by ▪ Ring Spinning Capacity Doubled to Spinning - Installed 384 Rotors with an 1,464 Installing 14,112 Spindles Forward 27,216 Spindles and Knitting
Slide 11: Yarns – Our Core Strength
YARNS – OUR CORE STRENGTH OUR RANGE OF YARNS INCLUDE The company offers a wide 100% cotton and blended Slub yarns Organic, BCI cotton etc range of products to cater Ring spun combed and carded Core spun yarns Yarns made from Recycled fibres varied customer needs and Open end yarns Multifold yarns Co
Slide 12: Fabrics – Value Addition to Drive Next Growth
FABRICS – VALUE ADDITION TO DRIVE NEXT GROWTH FINISHED WOVEN FABRIC KNITTED FABRIC A diverse portfolio of dyed, 100% Cotton, Cotton Spandex Fabrics printed, and knitted fabrics Poly/Cotton, Poly/Cotton Spandex Fabrics Various Weaves -Twills, Single Jersey Gabardines, Broken Twill, Ripstop, catering
Slide 13: Strong Presence Key Markets
STRONG PRESENCE KEY MARKETS ~64% of Total revenue comes from exports Global Presence 50+ Countries CANADA Revenue Breakup(%) EUROPE USA CHINA INDIA 27 Domestic 37 44 41 36 AFRICA BANGLADESH 73 Export 63 56 59 64 S AMERICA FY21 FY22 FY23 FY24 9M FY25 AUSTRALIA 12 The Maps provided are for pictorial r
Slide 14: Cost Efficient Operating Model
COST EFFICIENT OPERATING MODEL 01. Our best in-class technology and state-of- art machineries results in cost efficiency, 04. With focused endeavors on R&D and faster turn around and further enhances our value enhancement, we have successfully efficiency quotient entered multiple markets 05. Optimum
Slide 15: Way Forward
WAY FORWARD 1 CONSOLIDATION OF LEADERSHIP POSITION Strive to maintain the leadership position garnered over the years with consistent growth PROPORTION OF VALUE-ADDED PRODUCTS Doubling fabric capacity to target higher-margin segments and introducing new, 2 high-value products across yarns and fabric
Slide 16: CSR and Environment Sustainability Initiatives
CSR AND ENVIRONMENT SUSTAINABILITY INITIATIVES Conservation of water by installing Construction of Women hostel in Zero liquid discharge system, Bhilwara Sewage water treatment plant and Rainwater Harvesting Contribution for cotton Renewable Solar power capacity development and research stood at 18.
Slide 17: Awards and Certifications
AWARDS AND CERTIFICATIONS Key Awards & Accolades Recent Awards by TEXPROCIL Gold Trophy for Highest Exports of Cotton Yarn of Counts 50s and below in Category III for the year 2022-2023 Gold Trophy for Highest Employment Generation (Overall) for the year 2022-23 Gold Plaque for Highest Exports of Co
Slide 18: Company and Investor Relations Advisors contacts
Company : Investor Relations Advisors : CIN: L17111RJ1992PLC006987 CIN: U74140MH2010PTC204285 Mr. P Maheshwari - CFO Ms. Manasi Bodas / Mr. Shogun Jain pmaheshwari@nitinspinners.com manasi.bodas.@sgapl.net/shogun.jain@sgapl.net +91 9821043510 / +91 7738377756 www.nitinspinners.com www.sgapl.net