Reliance Weaving Mills Limited · PSX:REWM

Reliance Weaving Mills — Corporate Update (November 2023)

24 slides from Reliance Weaving Mills's corporate update, Nov 10, 2023

  1. Slide 1: Reliance Weaving Mills Limited Corporate Briefing Session

    Reliance Weaving Mills Limited Corporate Briefing Session (CBS) Dated: November 10, 2023

  2. Slide 2: Agenda (1-6)

    1. Company Brief 2. Board of Directors 3. Brief of Operations 4. Financial Highlights 5. Statement of Profit or Loss 6. Six years Turnover

  3. Slide 3: Agenda (7-11)

    7. Six Year Profit or loss at Glance 8. Six Years Investor’s Information 9. Cash Dividend 10. Comparative Balance Sheet 11. Future Outlook

  4. Slide 4: Agenda (12-13)

    12. Future Projects 13. Key Challenges/Problems

  5. Slide 5: 1- Company Brief

    1- COMPANY BRIEF 1. The Company was incorporated on April 07, 1990 with its Registered Office at 2 Floor, Trust Plaza, L.M.Q. Road, Multan and is listed on Pakistan Stock Exchange. 2. The Company is engaged in the production of Yarns and Fabrics. The production units are located at Fazalpur Khanewal

  6. Slide 6: Board of Directors

    Mr. Fawad Ahmed Mukhtar Chairman Mr. Faisal Ahmed Mukhtar CEO/Executive Director Mr. Fahd Mukhtar Non-Executive Director Mr. Muhammad Mukhtar Sheikh Non-Executive Director Mrs. Fatima Fazal Non-Executive Director Mr. Muhammad Shaukat Independent Director Mr. Shahid Aziz Independent Director

  7. Slide 7: 3- Brief of Operations

  8. Slide 8: Spinning Units Spindles and Capacity

    UNIT 3 (RAWAT ISLAMABAD) SPINDLES = 18,096 RING FRAMES = 38 CAPACITY = 4,874 TONS UNIT 4 (MULTAN) SPINDLES = 47,520 RING FRAMES = 42 CAPACITY = 14,677 TONS TOTAL SPINNING SPINDLES = 65,616 RING FRAMES = 80 CAPACITY = 19,550 TONS

  9. Slide 9: Weaving Units Looms and Capacity

    UNIT 2 LOOMS = 180 CAPACITY = 50.024 M (Meters) UNIT 5 LOOMS = 310 CAPACITY = 70.968 M (Meters) TOTAL WEAVING LOOMS = 490 CAPACITY = 120.992 M (Meters)

  10. Slide 10: 4- Financial Highlights

  11. Slide 11: Financial Highlights 2023 vs 2022

    INCREASE / PARTICULARS 2023 2022 (DECREASE) SALES (PKR in Millions) 32,682 30,704 6% GROSS PROFIT (PKR in Millions) 3,616 5,441 (1,825) GROSS PROFIT % 11.06% 17.72% (37%) EBITDA (PKR in Millions) 3,349 4,767 (1,418) EBITDA % 10.25% 15.53% (34%) NET PROFIT (PKR in Millions) 203 2,639 (2,436) NET PROF

  12. Slide 12: 5- Statement of Profit or Loss June 30, 2023

  13. Slide 13: Statement of Profit or Loss

    2023 2022 % Increase / (PKR in Millions) (PKR in Millions) (Decrease) Sales-net 32,682 30,704 28% Cost of Sales (29,066) (25,263) 23% Gross Profit 3,616 5,441 55% Distribution expenses (404) (496) 66% Administrative expenses (382) (314) 52% Other income 154 174 70% Other Expenses (69) (388) 186% Pro

  14. Slide 14: Six Years Turnover

    Year Sales - Net 35000000 2023 32,682,288 30000000 2022 30,703,659 25000000 2021 24,030,100 20000000 2020 17,275,166 Year 15000000 Sales - Net 2019 16,605,159 10000000 2018 13,913,861 5000000 0 1 2 3 4 5 6 Year 2023 2022 2021 2020 2019 2018 Sales - Net 32,682,28 30,703,65 24,030,10 17,275,16 16,605,

  15. Slide 15: Six Year Profit or Loss at a Glance

    GROSS PROFIT NET PROFT EBITDA YEAR PKR IN MILLIONS 2023 3,616 203 3,349 2022 5,441 2,639 4,767 2021 3,510 1,733 3,245 2020 2,061 61 1,596 2019 1,783 503 1,879 2018 1,346 311 1,313

  16. Slide 16: Gross Profit, Net Profit and EBITDA Chart

    6,000 5,000 4,000 GROSS PROFIT 3,000 NET PROFT EBITDA 2,000 1,000 0 2023 2022 2021 2020 2019 2018

  17. Slide 17: Six Years Investor's Information

    MARKET BOOK VALUE YEAR VALUE PER EPS PER SHARE SHARE 2023 328.21 77.35 6.59 2022 297.31 66.50 85.67 2021 196.99 72.41 56.24 2020 125.83 23.00 1.99 2019 126.27 24.49 16.32 2018 110.41 30.49 10.08

  18. Slide 18: Book Value, Market Value and EPS Chart

    350.00 300.00 250.00 200.00 BOOK VALUE PER SHARE MARKET VALUE PER SHARE 150.00 EPS 100.00 50.00 0.00 2023 2022 2021 2020 2019 2018

  19. Slide 19: Cash Dividend

    CASH CASH DIVIDEND YEAR DIVIDEND 80% 2023 0% 70% 2022 40% 60% 2021 75% 2020 0% 50% 2019 35% 40% CASH DIVIDEND 2018 22.5% 30% 20% 10% 0% 2023 2022 2021 2020 2019 2018

  20. Slide 20: Comparative Balance Sheet

    PARTICULARS 2023 2022 EPS Non-Current Assets 18,485 12,709 45% Current Assets 18,050 15,048 20% Total Assets 36,534 27,757 32% Equity 10,113 9,161 10% Non-Current Liabilities 6,202 3,898 59% Current Liabilities 20,219 14,698 38% Total Liabilities 26,421 18,596 42% Total Equity & Liabilities 36,534 2

  21. Slide 21: 11- Future Outlook

    11- FUTURE OUTLOOK . The Company is committed to modernize and expand production line according to rapidly changing technology in order to produce international quality products. . New spinning mill project of fine count of 25,536 spindles has been started in the month of July 2023. . Installation o

  22. Slide 22: 12- Key Challenges

    12- KEY CHALLENGES 1.Rise in the prices of raw material and lowest cotton outputs. 2.Supply of energy by Government at current unit price to export oriented sector. 3.Continuous increase in fuel prices. 4.Unexpected fluctuations in interest & exchange rates.

  23. Slide 23: Question & Answer Session

    Question & Answer Session

  24. Slide 24: Thank You

    THANK YOU

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