Reliance Weaving Mills Limited · PSX:REWM
Reliance Weaving Mills — Investor Presentation (November 2024)
23 slides from Reliance Weaving Mills's investor presentation, Nov 11, 2024
Slide 1: Reliance Weaving Mills Limited Corporate Briefing Session
Reliance Weaving Mills Limited Corporate Briefing Session (CBS) Dated: November 11, 2024
Slide 2: Agenda
1. Company Brief 2. Board of Directors 3. Financial Highlights 4. Statement of Profit or Loss 5. Six Years Turnover
Slide 3: Agenda (continued)
6. Six Years Profit or loss at Glance 7. Six Years Investor’s Information 8. Cash Dividend 9. Comparative Balance Sheet 10. Brief of Operations 11. Future Outlook 12. Key Challenges/Problems
Slide 4: Company Brief
1- COMPANY BRIEF 1. The Company was incorporated on April 07, 1990 with its Registered Office at 24 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 Khanewa
Slide 5: Board of Directors
Mr. Fawad Ahmad Mukhtar Chairman Mr. Faisal Ahmad CEO/ Executive Director Mr. Abbas Mukhtar Non-Executive Director Mr. Muhammad Mukhtar Shiekh Non-Executive Director Mr. Muhammad Fazeel Mukhtar Non-Executive Director Mrs. Fatima Fazal Non-Executive Director Mr. Imran Bashir Independent Director Mr.
Slide 6: Financial Highlights
3- FINANCIAL HIGHLIGHTS
Slide 7: Financial Highlights
INCREASE/ PARTICULARS 2024 2023 (DECREASE) SALES - NET ( PKR IN MILLIONS ) 41,461 32,682 27% GROSS PROFIT ( PKR IN MILLIONS ) 4,842 3616 1226 GROSS PROFIT % 11.68% 11.06% 34% EBITDA ( PKR IN MILLIONS ) 4,757 3,349 1408 EBITDA % 11.47% 10.25% 42% NET PROFIT ( PKR IN MILLIONS ) 120 203 (83) NET PROFIT
Slide 8: Statement of Profit or Loss
4- STATEMENT OF PROFIT OR LOSS JUNE 30, 2024
Slide 9: Statement of Profit or Loss
2024 2023 % Increase / (PKR in Millions) (PKR in Millions) (Decrease) Sales-net 41,461 32,682 27% Cost of Sales (36,619) (29,066) 26% Gross Profit 4,842 3,616 34% Distribution expenses (385) (404) -5% Administrative expenses (467) (382) 22% Other income 73 157 -54% Other Expenses (52) (73) -29% Prof
Slide 10: Sales-Net
YEAR SALES-NET (000) 2024 41,461,459 2023 32,682,288 2022 30,703,659 2021 24,030,100 2020 17,275,166 2019 16,605,159 SALES-NET 50,000,000 40,000,000 30,000,000 20,000,000 NET SALES 10,000,000 - 2024 2023 2022 2021 2020 2019
Slide 11: Gross Profit, Net Profit, EBITDA
EBITDA GROSS PROFIT NET PROFIT EBITDA YEAR % PKR IN MILLION 2024 4,842 120 4,757 42% 2023 3,616 203 3,349 -30% 2022 5,441 2,639 4,767 47% 2021 3,510 1,733 3,245 103% 2020 2,061 61 1,596 -15% 2019 1,783 503 1,879 43%
Slide 12: Gross Profit, Net Profit, EBITDA Chart
6,000 5,000 4,000 GROSS PROFIT 3,000 NET PROFIT EBITDA 2,000 1,000 - 2024 2023 2022 2021 2020 2019
Slide 13: Book Value, Market Value per Share and EPS
BOOK VALUE PER MARKET VALUE PER YEAR EPS SHARE SHARE 2024 327.31 81.38 3.88 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
Slide 14: Book Value per Share Chart
350.00 300.00 250.00 BOOK 200.00 VALUE PER SHARE 150.00 MARKET VALUE PER 100.00 SHARE 50.00 EPS - 2024 2023 2022 2021 2020 2019
Slide 15: Cash Dividend
YEAR CASH DIVIDEND 2024 0% 2023 0% 2022 40% 2021 75% CASH DIVIDEND 2020 0% 2019 35% 8.00 7.00 6.00 5.00 4.00 CASH 3.00 DIVIDEND 2.00 1.00 -
Slide 16: Comparative Balance Sheet
PARTICULARS 2024 2023 INC/ (DEC) Non current assets 18,767 18,485 2% Current assets 16,097 18,050 -11% Total assets 34,864 36,534 -5% Equity 10,085 10,113 0% Non-Current Liabilities 5,181 6,202 -16% Current Liabilities 19,598 20,219 -3% Total Liabilities 24,779 26,422 -6% Total Equity and 34,864 36,
Slide 17: Brief of Operations
10- BRIEF OF OPERATIONS
Slide 18: Spinning Units Capacity
UNIT R3 (RAWAT ISLAMABAD) UNIT R4 (MULTAN) SPINDLES = 18,240 SPINDLES = 47,520 RING FRAMES = 38 RING FRAMES = 42 CAPACITY = 4,913 TONS CAPACITY = 14,677 TONS UNIT R6 (MULTAN) SPINDLES = 25,536 RING FRAMES = 14 CAPACITY = 8,676 TONS TOTAL SPINNING SPINDLES = = 91,296 RING FRAMES = 94 CAPACITY = 28,26
Slide 19: Weaving Units Capacity
UNIT 2 UNIT 5 LOOMS = 180 LOOMS = 302 CAPACITY = 50.834 M (Meters) CAPACITY = 75.715 M (Meters) TOTAL WEAVING LOOMS = 482 CAPACITY = 126.549 M (Meters)
Slide 20: Future Outlook
• The company’s management remains optimistic about sustainable profitability by focusing on cost transformation and urging the government to implement supportive policies for the sector. Despite these challenges, the company has opened the LC for installing a 9 MW, and LC for 6 MW further in proces
Slide 21: Key Challenges/Problems
• China’s aggressive move to dump textile products in international market, which makes other countries textile non- competitive. • Low demand from Europe and USA. • Low expected cotton production in country. • Higher mark-up rates. • High utility costs are a significant burden, directly affecting t
Slide 22: Question & Answer Session
Question & Answer Session
Slide 23: Thank You
THANK YOU
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