Rswm Ltd · NSE:RSWM
Rswm — Q1 FY25 Earnings Presentation
32 slides from Rswm's earnings presentation, Aug 9, 2024
Slide 1: Stock exchange covering letter for investor presentation
RSWM/SECTT/2024 August 9, 2024 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block - G, Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), MUMBAI - 400 001.
Slide 2: Investor Presentation Q1 FY25
Investor Presentation Q1 FY25 NSE: RSWM BSE: 500350 TEXTILE DRIVEN BY INNOVATION, GROWTH & TRANSFORMATION
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by RSWM (“Company") solely for information purposes without any regard to any specific objective, financial situation, or informational need of any particular person. This presentation may not be copied, distributed, or disseminated, directly or indire
Slide 4: Presentation Content
Presentation Content 01. 02. 03. Q1 FY25 Financials Growth Drivers Company Profile 04. 05. 06. Historical Data Management Team Annexure Q1 FY25 www.rswm.in 3
Slide 5: Message From CMD & CEO's Desk
Message From CMD & CEO’s Desk “ The textile industry is on a path to recovery with moderate improvement in demand domestically and in export markets. Despite challenges from global supply chain disruptions and rising logistics costs, shifts in sourcing preferences have helped stabilize Indian cotton
Slide 6: Message From JMD Desk
Message From JMD Desk “ Our performance in Q1FY25, driven by smart asset utilization, an improved product mix, and tight cost controls, highlights our resilience in the face of geopolitical challenges. As we move forward, we plan to strengthen our market position through value addition, cost efficie
Slide 7: Q1 FY25 Financials
01 Q1 FY25 Financials 07 Q1 FY25 Financial Performance 09 Average Price Realization www.rswm.in
Slide 8: Q1 FY25 Financial Performance
Q1 FY25 Financial Performance ₹ in Cr Revenue Gross Profit & EBIDTA & Gross Profit Margin(%) EBIDTA Margin(%) 3.1% QoQ 34.1% YoY 7.8% QoQ 29.2% YoY 2.2x YoY 1,171 1,208 901 434 403 336 54 54 25 37.3% 34.4% 35.9% 2.7% 4.6% 4.4% Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q
Slide 9: Q1 FY25 Financial Performance
Q1 FY25 Financial Performance ₹ in Cr PAT Net Working Capital Fixed Asset Coverage Ratio(x) 100 458 421 396 364 359 2.2 2.2 2.2 1.9 1.9 (18) (14) Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1 FY25 www.rswm.in 8
Slide 10: Average Price Realization
Average Price Realization PV Grey Yarn Cotton Grey Yarn Denim 319 319 271 278 262 264 250 242 244 259 244 239 235 240 240 250 242 244 237 216 202 218 226 221 232 229 195 189 174 168 167 165 166 161 164 171 9.3% 2.3% 4.9% FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24
Slide 11: Growth Drivers
02 Growth Drivers 11 Growth Driving Factors www.rswm.in
Slide 12: Growth Driving Factors
Growth Driving Factors The company invested Focus on maximizing our The company closely Focussed on high-value ~₹410 Cr in expanding its knitting unit’s output this monitors the RoDTEP speciality yarn businesses Denim, Cotton Melange Yarn, year, we may gradually Scheme, aimed at enhancing li
Slide 13: Company Profile
03 Company Profile 13 About RSWM Limited 16 Milestones 17 Business Verticals 20 Sustainability 21 Strong Parentage www.rswm.in
Slide 14: Nation's Largest Textile Manufacturer & Exporter
About Us Nation’s Largest Textile Manufacturer & Exporter RSWM Limited, headquartered in Noida, is one of India’s largest textile manufacturers and exporters of Synthetic, Blended, Mélange, Cotton, and Specialty value-added yarns, and in the manufacturing of Denim fabric, Knitted fabric, and Green P
Slide 15: Strategically Located Manufacturing Facilities
Strategically Located Kanyakheri Chhata, Kosi Unit, Dist. Mathura Melange Yarn a) Ring & Open-End Cotton Greige Yarn 6.30 Lac SPINDLES Spinning b) Knitting & Processing Mayur Nagar, Lodha Spinning Cotton, PV Blended & Open End Greige Yarn Ringas a) Fibre Dyeing & Spinning 5,840 ROTORS b) Dyed Yarn R
Slide 16: Certification
Certification RSWMhas This presentation Limited consistently been prepared by RSWMpursues certifications (“Company") to enhance solely for information credibility, purposes without anyensure regard toregulatory any specific objective, financial situation, or informational compliance, gain a need of
Slide 17: Milestone
Milestone ▪ Expansion of Unit located at Lodha Unit, Banswara by addition of 51,072 Spindles of Compact Cotton Yarn. ▪ Acquisition of BG Wind Power Limited (BGWPL) having 20MW WTG. ▪ Added 4 MW ▪ Acquisition of Spinning, ▪ Established a ▪ RSWM ▪ Modernization Solar power. Knitting and Processing Gre
Slide 18: Business Vertical: Yarn
Business Vertical: Yarn Annual Production Capacity 117K MT 24K MT 32K MT Greige Yarn Melange Yarn Dyed Yarn Greige Yarn Melange Yarn Dyed Yarn Combed Compact Yarn ▪ Greige is a yarn that hasn't been ▪ Melange yarn, a high-value yarn, ▪ Dyed PV Blended, Poly 100%, ▪ RSWM started its latest innovation
Slide 19: Business Vertical: Denim
Business Vertical: Denim Annual Production Capacity 32.4 MN MTR 3,000+ LNJ Denim Denim Variants ▪ LNJ Denim, a denim-manufacturing facility established in 2007 under RSWM Limited (the flagship company of LNJ Bhilwara Group), has a manufacturing capacity of 32.4 million meters annually. Capable of pr
Slide 20: Business Vertical: Knitted Fabric
Business Vertical: Knitted Fabric Annual Production Capacity 4,800 MT 4,300 MT Banswara, Rajasthan Mathura, U.P. Ventured into Knitted Fabric to create value ▪ After being the leading supplier of high-quality yarn to the world, RSWM Limited has ventured into producing circular knitting fabrics. Knit
Slide 21: Sustainability
Sustainability ▪ Promoting Sustainable Practices: RSWM Ltd. exemplifies its commitment to the environment by prioritizing sustainable business practices. During the FY24, we proudly recycled an impressive 55,250 MT of PET plastic bottles, recycled 59 MT of waste fabric, Pellets extruded saved 640 KL
Slide 22: Strong Parentage
Parentage ELECTRODES POWER CONSULTANCY ▪ HEG Limited ▪ Indo Canadian Consultancy Services Limited Strong TEXTILES HIGHLIGHTS ▪ RSWM Limited ▪ 5 Group companies listed on the Stock ▪ Maral Overseas Limited Exchanges. ▪ BSL Limited ▪ Production units & Corporate office spread ▪ Bhilwara Technical Text
Slide 23: Historical Data
04 Historical Data 23 Financial Data 24 Financial Ratios www.rswm.in
Slide 24: Financial Data
Financial Data ₹ in Cr Revenue EBIDTA & EBIDTA Margin(%) PAT 240 4,057 3,817 3,789 464 2,771 2,326 340 110 264 215 132 35 23 9.3% 22 9.5% 9.5% 9.2% 9.2% 12.2% 12.2% 9.0% 9.0% 3.3% 3.2% 2.3% 4.9% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 ` Net Working Capital Net Cash
Slide 25: Financial Ratios
Financial Ratios ₹ in Cr ROCE(%) ROE(%) Net Worth 1,268 1,309 27.3% 999 706 761 16.3% 8.5% 9.7% 6.1% 4.3% 3.8% 3.2% 2.8% 2.7% 9.3% 9.5% 9.2% 12.2% 9.0% 3.3% 2.3% 4.9% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 ` Fixed Asset Turnover(x) Total Debt Capital Employed 3,59
Slide 26: Management Team
05 Management Team 26 Management Team 27 Achievement www.rswm.in
Slide 27: Management Team
Management Team Mr. Prakash Maheshwari Mr. Suketu Shah Chief Executive Chief Executive (Corporate Affairs) (Denim) Mr. Balkrishan Sharma Mr. Y D Tiwari Business Head & Chief Executive Chief Executive (Yarn) (Melange Yarn) Mr. Arvind Kumar Maurya Mr. Manoj Sharma Chief Executive (Knits) President & C
Slide 28: Achievement
Achievement Excellence in Sustainable Practices Award by ICAI (For Pre-Adoption of BRSR & ESG Compliance) Gold Award for Spun Yarn Export by SRTEPC Gartex Denim show in Mumbai Triple Triumph at the TEXPROCIL Awards for both 2021-22 and 2022-23 Q1 FY25 www.rswm.in 27
Slide 29: Achievement
Achievement RSWM Limited Most Innovative Risk – LNJ Denim (Winner) Holds the prestigious Winner of Management Strategy Award for best HR “3 Star Trading House” “The Rajasthan Energy of the Year practices to CHRO Endowed with Progress status by Conservation Award” in Towards Sustainability Govt. of I
Slide 30: Annexure
06 Annexure 30 Standalone Profit & Loss Statement www.rswm.in
Slide 31: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Parameter Quarterly Yearly (₹ in Cr.) Q1 FY25 Q4 FY24 QoQ Q1 FY24 YoY FY24 Total Income 1,214.53 1,181.91 2.8% 910.84 33.3% 4,092.72 Raw Material Cost 811.47 695.81 600.49 2,603.39 Employee Cost 137.59 114.96 114.24 465.86 Power Cost 130.91 121.57 112.96 469.94 Oth
Slide 32: Thank You
Thank You G E T I N TO U C H W I T H U S Shri Surender Gupta Shri Rakesh Jain VP – Legal and CS General Manager – Corporate Finance Tel: +91 120 4390058 Tel: 01483 222 116 E: skg@lnjbhilwara.com E: rakeshk.jain@lnjbhilwara.com Corporate Office Registered Office Bhilwara Towers, Kharigram, A-12, Sect