Slide 1: Stock exchange cover letter: outcome of board meeting
LArVIOD www.arvind.com August 1, 2022 To, To, BSE Limited National Stock Exchange of India Limited Listing Dept. I Dept. of Corporate Services, Listing Dept., Exchange Plaza, 5th Floor, Phiroze Jeejeebh oy Towers, Plot No. C/l, G. Block, Dalal Street, Bandra-Kurla Complex, Mumbai - 400 001. Sandra (
Slide 2: Investor Review Note, 1st August 2022
Investor Review Note 1st August 2022
Slide 3: Safe harbour statement
Safe harbour statement Certain statements contained in this document may be statements of future expectations and other forward looking statements that are based on management‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, perfor
Slide 4: Q1 FY23 highlights | Strong results in an inflationary and volatile operating environment
Q1 FY23 highlights | Strong results in an inflationary and volatile operating environment ₹ crs YoY Revenues Context for the quarterly results – Cotton/RM prices peaked and started declining 2352 +64% – Logistics and container availability started improving – Global markets anticipating correction/
Slide 5: Q1 FY23 Consolidated P&L highlights robust growth in topline and earnings
Q1 FY23 Consolidated P&L highlights robust growth in topline and earnings YoY All figures in INR Crs Q1 FY23 Q1 FY22 Change Revenue from Operations 2,352 1,435 64% EBIDTA (Continuing Operations) 220 111 99% EBIDTA % 9.4% 7.7% Other Income 8 9 Interest 40 47 Cash Accruals (Continuing Operations) 188
Slide 6: All businesses grew well and delivered healthy profits
All businesses grew well and delivered healthy profits In Inr Cr Q1 FY23 Q1 FY22 Business Revenue EBIDTA EBIDTA % ROCE % Revenue EBIDTA EBIDTA % ROCE % Textiles 1976 192 9.7% 17.3% 1176 105 8.9% 6.5% Advanced Material 279 32 11.5% 19.1% 193 25 13.0% 18.1% Others & Inter Segment 97 4 65 -10 Total 235
Slide 7: Textile revenues grew as a result of volume growth and price increases
Textile revenues grew as a result of volume growth and price increases to offset higher input costs Textile revenues (₹ Crs) Denim revenues • Q1 volume 19.5M m (-1%) +68% • Realization + 34% driven by higher prices to offset 1,976 cost impact and currency impact 541 +30% Woven revenues • Q1 volume 3
Slide 8: Export volumes softened as brands and retailers brace for slowdown
Export volumes softened as brands and retailers brace for imminent slowdown in key markets Million M 25 25 22 20 7 8 20 • Q2/Q3 FY22 had seen Domestic 4 8 preponed buying of DENIM 8 Spring/Summer to minimize Exports* 16 18 18 impact of shipping delays – 14 12 and had caused swollen inventory Q1 fy22
Slide 9: Cotton prices have finally started to soften
Cotton prices have finally started to soften; November deliveries of Shankar-6 being quoted at ~ ₹66k/candy • Inventory correction of FG driving Cotton prices started correcting rapidly demand softening through the entire cents/ lbs cotton value chain • US crop has been impacted by severe draught; I
Slide 10: AMD delivered growth both on YoY and QoQ basis
AMD delivered growth both on YoY and QoQ basis Financials Highlights Revenues ₹ crs • All AMD businesses continue to see strong demand as mature parts of the portfolio YoY continue to maintain/build upon wallet share in +45% key accounts 279 • Expect run-rate to pick-up in H2 as capacity 193 expansi
Slide 11: Outlook – 2nd quarter results expected to be marginally muted compared to Q1
Outlook – 2nd quarter results expected to be marginally muted compared to Q1 • Export and domestic market prospects indicate divergent outlook – Consumer demand in US showing initial signs of slowing down in response to interest rate hikes. Also, the US brands and retailers have started inventory co
Slide 12: Thank You!
Thank You!