Redco Textiles Limited · PSX:REDCO

Redco Textiles — Corporate Update (2021)

18 slides from Redco Textiles's corporate update, 2021

  1. Slide 1: Redco Textiles Limited Corporate Briefing Session 2021

    REDCO TEXTILES LIMITED CORPORATE BRIEFING SESSION 2021

  2. Slide 2: Contents

    CONTENTS • INTRODUCTION • HISTORICAL FINANCIAL HIGHLIGHTS • FINANCIAL RESULTS

  3. Slide 3: Introduction

    INTRODUCTION • Redco Textiles Limited is a Public Limited Company, incorporated in Pakistan on 17 October 1991. It was incorporated under the repealed Companies Ordinance, 1984 now the Companies Act, 2017 and is listed on Pakistan Stock Exchanges. Redco's principal activities include manufacture and

  4. Slide 4: Historical Financial Highlights: Sales

    HISTORICAL FINANCIAL HIGHLIGHTS Sales Rs in thousands 2,250,000 2,000,000 1,816,846 1,750,000 1,500,000 1,250,000 1,000,000 750,000 495,470 500,000 441,264 251,367 355,476 250,000 - 2017 2018 2019 2020 2021

  5. Slide 5: Historical Financial Highlights: Gross Profit / (Loss)

    HISTORICAL FINANCIAL HIGHLIGHTS Gross Profit / (Loss) Rs in thousands 51,439 100,000 45,344 36,803 50,000 - (50,000) (100,000) (105,790) (150,000) (192,856) (200,000) (250,000) 2017 2018 2019 2020 2021

  6. Slide 6: Historical Financial Highlights: Net Profit / (Loss) After Taxation

    HISTORICAL FINANCIAL HIGHLIGHTS Net Profit / (Loss) After Taxation Rs in thousands 500,000 250,000 55,441 942 20,952 - (177,047) (250,000) (500,000) (520,427) (750,000) (1,000,000) 2017 2018 2019 2020 2021

  7. Slide 7: Historical Financial Highlights: Total Assets

    HISTORICAL FINANCIAL HIGHLIGHTS Total Assets Rs in thousands 2,250,000 2,000,000 1,672,731 1,749,685 1,750,000 1,268,372 1,500,000 1,018,237 1,064,884 1,250,000 1,000,000 750,000 500,000 250,000 - 2017 2018 2019 2020 2021

  8. Slide 8: Historical Financial Highlights: CAPEX

    HISTORICAL FINANCIAL HIGHLIGHTS CAPEX Rs in thousands 353,738 375,000 350,000 325,000 300,000 275,000 250,000 218,485 225,000 200,000 175,000 150,000 125,000 100,000 75,000 23,985 50,000 24,935 98 25,000 - 2017 2018 2019 2020 2021

  9. Slide 9: Historical Financial Highlights: Shareholders' Equity

    HISTORICAL FINANCIAL HIGHLIGHTS Shareholders' Equity Rs in thousands 800,000 600,000 369,995 400,000 215,445 72,937 200,000 - (24,008) (22,730) (100,000) (200,000) 2017 2018 2019 2020 2021

  10. Slide 10: Financial Results 2021 vs 2020: Income Statement

    FINANCIAL RESULTS 2021 VS 2020 INCOME STATEMENT • Sales Rs. 495.470 million (2020: 355.475 million) • Gross Profit Rs. 36.803 million (7.43% of Sales) [2020: Gross profit Rs. 51.439 million (14.47% of sales)] • Profit after taxation Rs. 55.441 million (11.19% of Sales) [2020: Profit after taxation 2

  11. Slide 11: Statement of value addition and its distribution

    Statement of value addition and its distribution 2021 2020 Rs. In thousand % age Rs. In thousand % age Value addition Sales 495,470 92.89 355,476 99.98 Other income 37,943 7.11 73 0.02 Total 533,413 100.00 355,549 100.00 Value distribution Cost of sales 458,667 95.96 304,037 90.87 Distribution expen

  12. Slide 12: Statement of value addition and its distribution

    Statement of value addition and its distribution

  13. Slide 13: Statement of value addition and its distribution

    Statement of value addition and its distribution

  14. Slide 14: Balance Sheet Assets

    Balance Sheet Assets 2021 2020 Rs. In thousand % age Rs. In thousand % age Property, plant and equipment 1,407,865 80.46% 950,028 74.90% Long term investment 48 0.00% 54 0.00% Long term deposits 10,019 0.57% 5,820 0.46% Stores, spare parts and loose tools 46,280 2.65% 40,975 3.23% Stock in trade 47,

  15. Slide 15: Balance Sheet Equity & Liabilities

    Balance Sheet Equity & Liabilities 2021 2020 Rs. In thousand % age Rs. In thousand % age Shareholders Equity 215,445 12.31% 72,937 5.75% Long term financing from banking companies 6,915 0.40% 12,049 0.95% Deferred liabilities 11,269 0.64% 5,870 0.46% Long term payables 1,734 0.10% 6,070 0.48% Trade

  16. Slide 16: Key Performance Ratios

    KEY PERFORMANCE RATIOS 2021 2020 Balance Sheet Ratios Return on equity 25.7% 28.7% Current Ratio 0.219 0.267 Quick Ratio 0.187 0.22 Earnings per share 1.125 0.425 Price Earnings (P/E) Ratio 7.0/1.125 6.05/0.425

  17. Slide 17: Q & A Session

    Q & A SESSION

  18. Slide 18: Thank You!

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