Swaraj Suiting Limited · NSE:SWARAJ
Swaraj Suiting — H2 FY2024 Earnings Presentation
32 slides from Swaraj Suiting's earnings presentation, Jun 3, 2024
Slide 1: Regulation 30 Disclosure Cover Letter
SWARAJ SUITING LIMITED CIN-L18101RJ2003PLC018359 Email ID – cs@swarajsuiting.com,Phone No.-09414112677 Website- www.swarajsuiting.com Date: 03/06/2024 To, The Manager Listing & Compliance Department, National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Ku
Slide 2: Swaraj Suiting Limited Investor Presentation H2 & FY 2024
SWARAJ SUITING LIMITED Weaving The Future INVESTOR PRESENTATION H2 & FY 2024
Slide 3: Safe Harbor
SAFE HARBOR This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Swaraj Suiting Limited (“SSL”, “Swaraj”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connectio
Slide 4: Table of Contents
01 ABOUT THE COMPANY TABLE OF CONTENTS 02 BUSINESS OVERVIEW 03 INDUSTRY OVERVIEW 04 WAY FORWARD 05 FINANCIAL HIGHLIGHTS 3 Investor Presentation
Slide 5: About Swaraj Suiting Limited
ABOUT SWARAJ SUITING LIMITED 4 Investor Presentation
Slide 6: Swaraj Suiting - A Brief
SWARAJ SUITING - A BRIEF SWARAJ SUITING LIMITED, incorporated in 2003, is a composite textile manufacturing MANUFACTURING company, with a primary focus on textile manufacturing (Denim & Cotton Fabrics) and FACILITY trading. The company is currently engaged in Yarn Dyeing, Weaving, Processing, Finish
Slide 7: The Team (1/2)
THE TEAM (1/2) Mr. Mohammad Mrs. Samar Mr. Nasir Sabir Khan Khan Khan MD & Chairman Executive Director Executive Director He is a commerce graduate with over 22 She is a Whole Time Director of the He is serving as a Whole Time Director of the years of experience in the textile industry, company, bri
Slide 8: The Team (2/2)
THE TEAM (2/2) Mr. Ramesh Mr. Prakash Mr. Rahul Agarwal Chandra Jain Verma Non-Executive Director Chief Financial Officer Company Secretary He is a commerce graduate with an extensive He is a graduate in commerce from M. D. S. He is a member of ICSI with a Master's industrial background spanning ove
Slide 9: Our Growth Timeline
OUR GROWTH TIMELINE 2003 2012 2022 Incorporation of “Swaraj Installation of AIRJET Listing of company at Suiting Private Limited” WEAVING LOOMS, National Stock Exchange trading into Polyster imported from JAPAN Viscos Fabric 1995 2007 2019 2023 Mr. Mohammed Shabir Started first unit of Sulzer Acquir
Slide 10: Business Overview
BUSINESS OVERVIEW 9 Investor Presentation
Slide 11: An Overview of the Business
AN OVERVIEW OF THE BUSINESS Swaraj Suiting Bringing forth a Limited initially brand named began with trading of Extended its "SWARAJ DENIM“, Polyester Viscose operations by leveraging (PV) and undertaking the substantial expertise subsequently processing of Denim gained over 8+ years established its
Slide 12: Our Own Brand – Swaraj Denim
OUR OWN BRAND – “SWARAJ DENIM” Strategically planned and executed the introduction of SWARAJ DENIM in 2019 as a crucial step in the marketing strategy and the establishment of our own brand in the Denim Fabric sector. “Over 1600 to 1700 samples developed for Denim Fabric, within a span of just 7 to
Slide 13: Manufacturing Facility (1/2)
MANUFACTURING FACILITY (1/2) Unit 1 Weaving Division (W1) Yarn Dyeing (IDRP1) & Finishing Unit Unit 3 o 123 Air-Jet Looms (imported from Japan) ● 2 Indigo Dyeing Range & Denim Process Unit o Capacity - ~18 Mn Mtrs of Greige/Unfinished ● Capacity - ~24 Mn Mtrs of Yarn p.a. fabric p.a. ● Converts un-d
Slide 14: Manufacturing Facility (2/2)
MANUFACTURING FACILITY (2/2) BHILWARA PLANT NEEMUCH PLANT 13 Investor Presentation
Slide 15: SWOT Analysis
SWOT ANALYSIS • Expertise in processing Denim and PV Fabric • Air-Jet weaving Looms STRENGTHS • Labour Availability • Rising raw material prices WEAKNESSES • Higher delivery cost • Technology implementation and automation in processes OPPORTUNITIES • Export market • Brand collaborations • Rising Pro
Slide 16: Some of Our Clients
SOME OF OUR CLIENTS 15 Investor Presentation
Slide 17: ESG – Environment Conscious
ESG – ENVIRONMENT CONSCIOUS Effluent Treatment Plant The Effluent Treatment Plant works on Zero Liquid Discharge Basis Even single drop of water is not wasted “No wastage policy” The company’s policy is to keep the water usage at the minimum levels. The water being used is recycled completely. The w
Slide 18: Industry Overview
INDUSTRY OVERVIEW 17 Investor Presentation
Slide 19: Textile Industry - Overview
TEXTILE INDUSTRY - OVERVIEW Capacity & Strength of India’s Textile Industry Textile Industry is one ▪ Core strength lies in robust production base, encompassing a diverse range of the oldest industries of natural fibers (cotton, jute, silk, and wool) and synthetic/man-made fibers (polyester, viscose
Slide 20: Denim Industry – Overview (1/2)
DENIM INDUSTRY – OVERVIEW (1/2) THE INDIA ADVANTAGE The "China plus one" strategy in the In order to broaden denim West presents an manufacturing capacities, certain opportunity for the mills are investing in spindles to Indian textile tap into domestic as well as the INDIA holds the world's industr
Slide 21: Denim Industry – Overview (2/2)
DENIM INDUSTRY – OVERVIEW (2/2) Global Denim jeans market Casual wear preference and a Awareness of current fashion growth driven by increasing variety of colors contribute to trends a key factor in market demand among youth for market expansion growth trendy clothes MARKET DYNAMICS Increased dispos
Slide 22: Capacity Enhancement & Way Forward
CAPACITY ENHANCEMENT & WAY FORWARD 21 Investor Presentation
Slide 23: Mega Project
MEGA PROJECT ₹ 5000 Million The mega project is presently in the process of establishment in Neemuch, Madhya Pradesh. Cotton Spinning Division Forward & Backward Integration (Backward Integration) Establishing Process Plant for Denim & Cotton Fabric Yarn Dyeing Division (Expansion) Phase I “Complete
Slide 24: Capacity & Expansion (1/2)
CAPACITY & EXPANSION (1/2) Capacity Expansion in FY25 Capacity Capex Completion FY23 FY24 FY25E Expansion (INR Mn) Timeline (Mn Mtrs) DENIM FINISHED Neemuch Plant (Unit 1) FABRIC - Capacity (Mn Mtrs) 19.76 19.76 25.20 - Utilisation 5.44 350.00 Jun 2024 ~42%* ~85% COTTON FINISHED Neemuch Plant (Unit
Slide 25: Capacity & Expansion (2/2)
CAPACITY & EXPANSION (2/2) Capacity Expansion in FY25 Capacity Capex Completion FY23 FY24 FY25E Expansion (INR Mn) Timeline (Mn Mtrs) Bhilwara Plant (Unit 1) GRIEGE FABRIC - Capacity (Mn Mtrs) 13.55 13.55 13.55 - Utilisation ~85% ~85% Neemuch Plant (Unit 1) - Capacity (Mn Mtrs) 9.00 - Utilisation 9.
Slide 26: Vision 2026
‘VISION 2026’ “Vertical Integration” Garmenting Brand From Spinning Division to Garmenting Division Division Collaboration The company has strategically orchestrated the Building up “Swaraj Exports with end to vertical integration of its operations to advance to Denim” Brand end solution the next le
Slide 27: Financial Highlights
FINANCIAL HIGHLIGHTS 26 Investor Presentation
Slide 28: Half Yearly Highlights
HALF YEARLY HIGHLIGHTS H2’FY24 FY24 H2’FY24 FY24 H2’FY24 FY24 INR 1,767 Mn INR 3,196 Mn INR 238 Mn INR 397 Mn INR 127 Mn INR 182 Mn 1.3% YoY 45.7% YoY 65.4% YoY 69.2% YoY 219.0% YoY 228.6% YoY Revenue from Operations EBITDA Net Profit H2’FY24 FY24 H2’FY24 FY24 13.5% 12.4% 7.2% 5.7% +522 bps YoY +172
Slide 29: Half Yearly Financial Statement (Consolidated)
HALF YEARLY FINANCIAL STATEMENT(Consolidated) Particulars (INR Mn) H2FY24 H1FY24 H2FY23 YoY% FY24 FY23 YoY% Revenue from Operations 1767.2 1,428.7 1,744.4 1.31 3195.9 2,192.9 45.74 Total Expenditure 1529.1 1,269.7 1,600.5 (4.46) 2798.8 1958.1 42.93 EBITDA 238.1 159.0 143.9 65.43 397.1 234.8 69.15 EB
Slide 30: Income Statement (Consolidated)
INCOME STATEMENT (Consolidated) Particulars (INR Mn) FY21 FY22 FY23 FY24 Revenue from Operations 598.7 1,288.3 2,192.9 3195.9 Total Expenditure 500.3 1,154.7 1,958.1 2798.8 EBITDA 98.4 133.6 234.8 397.1 EBITDA Margin (%) 16.43 10.37 10.71 12.43 Other Income 3.5 4.7 6.3 59.2 Depreciation 39.8 47.2 78
Slide 31: Balance Sheet (Consolidated)
BALANCE SHEET (Consolidated) Particulars (INR Mn) FY23 FY24 Particulars (INR Mn) FY23 FY24 EQUITY & LIABILITIES ASSETS Shareholders' Fund 664.8 1,069.8 Non-Current Assets 962.3 1,878.3 Share Capital 72.0 182.2 Property, Plant & Equipment 805.3 757.0 Other Equity 592.7 887.6 Capital WIP 31.0 691.6 In
Slide 32: Thank You!
THANK YOU! SWARAJ SUITINGS LIMITED KAPT I FY ® Consulting F-483 to F-487, RIICO Growth Strategy & Investor Relations | Consulting Centre, Hamirgarh, Bhilwara contact@kaptify.in (Rajasthan) – 311 025. +91-845 288 6099 www.swarajsuiting.com www.kaptify.in