K.p.r. Mill Limited · NSE:KPRMILL
K.p.r. Mill — Q1 FY2018 Earnings Presentation
20 slides from K.p.r. Mill's earnings presentation
Slide 1: Result Update Q1 FY2018
KPR MILL LIMITED Result Update Q1 FY2018
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by KPR Mill 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 securities,
Slide 3: Manufacturing Facilities
Manufacturing Facilities Sathyamangalam Spinning Yarn : 90,000 MT Spinning, Compact , P.C, Melange Karumathampatti & Color Melange Fabric : Neelambur Spinning & Knitting 27,000 MT Arasur Spinning, Knitting & Garmenting Garments : Tamil Nadu 95 million Garments Tirupur Garmenting Processing : Process
Slide 4: An Overview
An Overview One of the largest vertically integrated textile player with presence across the entire value chain - from “fibre to fashion” Best quality cotton ‘Shankar 6’ used as the raw material for consistent quality Strategic investment in Wind Power Projects & Co-gen plant for captive consumption
Slide 5: Presence across the textile value chain
Presence across the textile value chain • Amongst top five manufacturers Fabric in India • A largest garment manufacturer • Entire yarn capacity upgraded to value added yarn (Compact, • 100% exports • Revenue contributes 21% Melange, Color Melange & • Revenue contributes to total sales P.C.Yarn) 31%
Slide 6: Key competitive advantages
Key competitive advantages Strong Fundamentals • Rich exposure in textile and apparel Industry • Consistent better performer even during tough times and growth driven entity • Dividend track record since listing Largest vertically Integrated Apparel Manufacturer strategically located • Assuring supe
Slide 7: Key competitive advantages Contd…
Key competitive advantages Contd… Rejoiced Workforce • Feel at home accommodation and amenities including Higher Education, Vocational training, yoga, meditation, library, sports, swimming pool, etc. • The trendsetting welfare factors crowned by Five Star Certification &Higher Education facilities a
Slide 8: KPR is well Poised to capture the opportunity
KPR is well Poised to capture the opportunity INDUSTRY GROWTH DRIVERS COMPANY SPECIFIC GROWTH DRIVERS Consistent Modernization & Capacity Expansion – enhanced realization Most cost competitive Textile manufacture base Value Added Yarn - Compact, Melange, PC & Colour Largest Cotton base – Number one
Slide 9: Evolution
Evolution 2006 – Private Equity participation by leading US Corporate ‘Brandot Investments’ 2001 – Spinning mill at & Two others - $ 25 Mn Karumathampatti with 30,240 spindles; Knitting facility & Wind 2007 – IPO at a premium. mill for captive use Shares Listed at Bombay & 2003 – Spinning unit at Na
Slide 10: Evolution Contd…
Evolution Contd… 2015-16 – Established New green field garment facility of 36 Mn garments. 2016-17 Established 2014 - Expanded new Eco-friendly 2012 – Another Value Garment capacity at Processing capacity with 2010 – Exclusive added product Arasur by 10 Mn pcs, Melange yarn. Advanced Technology - va
Slide 11: Key Highlights of Q1 FY18
Key Highlights of Q1 FY 18 PAT Q1 up 15.9% YoY to ` 73 Crore; PBT Q1 up 27.2% YoY to ` 103 Crore; Revenue Q1 up 11.6% YoY to ` 751 Crore PBDIT Q1 up 13.0% YoY to ` 156 Crore; Cash Profit Q1 up 11.0% YoY to ` 111 Crore; Garment Production up by 14.4% YoY to 17.45 Mn Garments New Processing ‘Unit 2’ r
Slide 12: Consolidated P&L
Consolidated P&L ` Crore Q1 FY18 Q1 FY17 YoY % Q4 FY17 QoQ % Revenue 751 673 11.6 791 -5.1 Raw Material 446 397 503 Employee Expenses 74 63 70 Other Expenses 75 75 70 EBITDA 156 138 13.0 148 5.4 EBITDA Margin 20.8% 20.5% 18.7% Interest & Finance Charges 15 20 14 Depreciation 38 37 37 PBT 103 81 97 T
Slide 13: Self sufficiency in Power with 92 MW Green Power portfolio
Self sufficiency in Power with 92 MW Green Power portfolio Strategic Investment in Wind Power Project 61.92 MW One of the largest Captive power generators in Textile Industry Invested in eco-friendly Wind Mills at Tirunelveli, Tenkasi, Theni & Coimbatore Districts in Tamil Nadu, India Total Wind Pow
Slide 14: Segment Wise Revenue contribution
Segment Wise Revenue contribution Yarn & Fabric Garments Sugar Others ` in Crore Q1 358 253 83 53 FY18 FY 17 1,621 804 191 201 FY 16 1,475 593 209 223 280 FY 15 1,489 511 208 14
Slide 15: Geographical Split
Geographical Split Domestic Sales Exports 33% 36% 32% 39% 67% 64% 68% 61% FY 15 FY 16 FY 17 Q1FY 18 15
Slide 16: Garments
Garments Garment Sales [No. of Garments in Lacs] Garment Sales [` Crore] +26.7% +21.1% 253 199 209 157 Q1FY 17 Q1FY 18 Q1FY 17 Q1FY 18 16
Slide 17: Historical Performance
Historical Performance Yarn & Fabric Sales [MT] Garment Sales [No. of Garments in Lacs] 72,449 78,578 79,744 579 65,866 455 383 307 FY 14 FY 15 FY 16 FY 17 FY 14 FY 15 FY 16 FY 17 Yarn & Fabric Sales [` Crore] Garment Sales [` Crore] 804 1621 669 585 441 1475 1489 1475 FY 14 FY 15 FY 16 FY 17 FY 14
Slide 18: Dividend Track Record
Dividend Track Record 60% 70% 90% 100% 15% 10% 50% 30% 30% 90% 30% 40% 40% * 15% FY 13 FY 14 FY 15 FY 16 FY 17 Interim Final * During the year Company bought back shares with a consideration of Rs.9,702 Lakhs 18
Slide 19: Book Value & EPS
Book Value & EPS Particulars FY 14 FY 15 FY 16 FY 17 Q1 FY18 Book Value Per Share (`) 108.08 125.42 146.03 174.01 183.50 Earning Per Share (`) 18.64 22.86 27.86 38.15 9.89 Dividend Per Share % 70% 90% 100% * 15% -- Dividend Per Share (`) 7.00 9.00 10.00 * 0.75 -- * During the year Company bought bac
Slide 20: For further information, please contact:
For further information, please contact: Company : KPR Mill Limited CIN - L17111TZ2003PLC010518 Mr. PL Murugappan, CFO murugappan@kprmill.com www.kprmilllimited.com 20