Rswm Ltd · NSE:RSWM
Rswm — Q2 FY25 Earnings Presentation
39 slides from Rswm's earnings presentation, Nov 12, 2024
Slide 1: Cover letter to stock exchanges on results presentation
RSWM/SECTT/2024 November 12, 2024 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block - G, Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), MUMBAI - 400 00
Slide 2: Investor Presentation Q2 & H1 FY25
Investor Presentation Q2 & H1 FY25 NSE: RSWM BSE: 500350 TEXTILE DRIVEN BY INNOVATION, GROWTH & TRANSFORMATION
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by RSWM (“Company") solely for information purposes without any regard to any specific objective, financial situation, or informational need of any particular person. This presentation may not be copied, distributed, or disseminated, directly or indire
Slide 4: Presentation Content
Presentation Content 01. 02. 03. Q2 & H1 FY25 Strategic Imperatives Company Profile Financials 04. 05. 06. Historical Data Management Team Annexure Q2 & H1 FY25 www.rswm.in 3
Slide 5: Message From CMD & CEO's Desk
Message From CMD & CEO’s Desk “ RSWM continues to navigate a transformative period, marked by our strategic shift toward a more diversified and value-added product mix, which drove a significant 24.4% year-over-year increase in revenue to ₹2,374 crore in the first half of FY25. Our focus on operatio
Slide 6: Message From JMD's Desk
Message From JMD’s Desk “ Despite recent challenges, including inflation, rising interest rates, and geopolitical disruptions impacting export demand, we’ve demonstrated resilience and strategic focus. In Q2 FY25, our revenue rose by 15.7% year-on-year to ₹1,166 crores, Our Gross Profit and EBITDA m
Slide 7: Message From President and CFO's Desk
Message From President and CFO’s Desk “ At RSWM, we are embracing Industry 4.0 with a clear vision: to leverage digital tools to drive agility, boost efficiency, and achieve sustainable growth. By implementing AI-driven forecasting and automating processes in our commodity procurement strategies, we
Slide 8: Q2 & H1 FY25 Financials
01 Q2 & H1 FY25 Financials 07 Q2 FY25 Financial Performance 09 H1 FY25 Financial Performance 10 Average Price Realization www.rswm.in
Slide 9: Q2 FY25 Financial Performance
Q2 FY25 Financial Performance ₹ in Cr Revenue Gross Profit (GP) & EBIDTA & PAT GP Margin(%) EBIDTA Margin(%) 15.7% YoY 17.8% YoY 41.7% YoY 1,208 1,166 1,007 434 428 363 54 42 (14) (15) 30 (21) 36.1% 35.9% 36.7% 3.0% 4.4% 3.6% Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Q2FY2
Slide 10: Q2 FY25 Financial Resilience
Q2 FY25 Financial Resilience ₹ in Cr Q2 FY25 Q2 FY24 Revenue T A epreciation Finance Cost P T PAT Revenue T A epreciation Finance Cost P T PAT OUTLOOK ❖ ncrease in finance cost in Q2FY25 vs Q2FY24 has reduced P T by ₹17 Cr. Q2 & H1 FY25 www.rswm.in 9
Slide 11: H1 FY25 Financial Performance
H1 FY25 Financial Performance ₹ in Cr Revenue GP & EBIDTA & PAT GP Margin(%) EBIDTA Margin(%) 24.4% YoY 23.3% YoY 75.3% YoY 2,374 862 96 1,908 699 55 (33) (35) 36.6% 36.3% 2.9% 4.0% H1FY24 H1FY25 H1FY24 H1FY25 H1FY24 H1FY25 H1FY24 H1FY25 OUTLOOK ❖ Revenue rose by 24.4% on a YoY basis to ₹2,374
Slide 12: Average Price Realization
Average Price Realization Units: PV Grey Yarn Cotton Grey Yarn Denim Yarn/Kg & Denim/meter 271 278 262 264 250 242 244 259 244 239 235 240 240 250 237 242 244 237 226 221 232 229 229 202 189 174 168 167 165 166 161 164 171 175 9.3% 2.3% 4.9% FY23 FY24 FY23 FY24 FY23 FY24 Q2FY23 Q3FY23 Q4FY23 Q2FY24
Slide 13: Strategic Imperatives
02 Strategic Imperatives www.rswm.in
Slide 14: Strategic Imperatives
Strategic Imperatives The company will explore By focusing on The company will adopt Machine learning new geographic markets economies of scale, the Industry 4.0 algorithms will be to diversify its customer company will reduce per- technologies, integrating implemented to forecast base and r
Slide 15: Company Profile
03 Company Profile 15 About RSWM Limited 19 Milestones 20 Business Verticals 25 Sustainability 26 Strong Parentage www.rswm.in
Slide 16: Nation's Largest Textile Manufacturer & Exporter
About Us Nation’s Largest Textile Manufacturer & Exporter RSWM Limited, headquartered in Noida, is one of India’s largest textile manufacturers and exporters of Synthetic, Blended, Mélange, Cotton, and Specialty value-added yarns, and in the manufacturing of Denim fabric, Knitted fabric, and Green P
Slide 17: Strategically Located
Strategically Located Kanyakheri Chhata, Kosi Unit, Dist. Mathura Melange Yarn a) Ring & Open-End Cotton Greige Yarn 6.30 Lac SPINDLES Spinning b) Knitting & Processing Mayur Nagar, Lodha Spinning Cotton, PV Blended & Open End Greige Yarn Ringas a) Fibre Dyeing & Spinning 5,840 ROTORS b) Dyed Yarn R
Slide 18: Certification
Certification RSWMhas This presentation Limited consistently been prepared by RSWMpursues certifications (“Company") to enhance solely for information credibility, purposes without anyensure regard toregulatory any specific objective, financial situation, or informational compliance, gain a need of
Slide 19: Clients
Clients Q2 & H1 FY25 www.rswm.in 18
Slide 20: Milestone
Milestone ▪ Expansion of Unit located at Lodha Unit, Banswara by addition of 51,072 Spindles of Compact Cotton Yarn. ▪ Acquisition of BG Wind Power Limited (BGWPL) having 20MW WTG. ▪ Added 4 MW ▪ Acquisition of Spinning, ▪ Established a ▪ RSWM ▪ Modernization Solar power. Knitting and Processing Gre
Slide 21: Business Vertical: Yarn
Business Vertical: Yarn Annual Production Capacity 117K MT 24K MT 32K MT Greige Yarn Melange Yarn Dyed Yarn Greige Yarn Melange Yarn Dyed Yarn Combed Compact Yarn ▪ Greige is a yarn that hasn't been ▪ Melange yarn, a high-value yarn, ▪ Dyed PV Blended, Poly 100%, ▪ RSWM started its latest innovation
Slide 22: Business Vertical: Yarn - Kapaas
Business Vertical: Yarn Where Textile Meets Intelligence The finest combed compact yarn in the Asian region, inspired by the purest forms of cotton, fondly known as 'Kapaas' – a symbol of authenticity and a commitment to exceptional quality launched by RSWM in October 2023. ❖ Perfect combination of
Slide 23: Business Vertical: Denim
Business Vertical: Denim Annual Production Capacity 32.4 MN MTR 3,000+ LNJ Denim Denim Variants ▪ LNJ Denim, a denim-manufacturing facility established in 2007 under RSWM Limited (the flagship company of LNJ Bhilwara Group), has a manufacturing capacity of 32.4 million meters annually. Capable of pr
Slide 24: Business Vertical: Knitted Fabric
Business Vertical: Knitted Fabric Annual Production Capacity 4,800 MT 4,300 MT Banswara, Rajasthan Mathura, U.P. Ventured into Knitted Fabric to create value ▪ After being the leading supplier of high-quality yarn to the world, RSWM Limited has ventured into producing circular knitting fabrics. Knit
Slide 25: Business Vertical: Knitted Fabric
Business Vertical: Knitted Fabric Equipped with advanced knitting machines from leading brands like Pailung, Fukuhara, Terrot, Unitex, and Kauo Heng, our in- house textile engineers craft world-class products. Our facility includes 27 circular knitting machines for polyester, 48 for cotton and blend
Slide 26: Sustainability
Sustainability ▪ Promoting Sustainable Practices: RSWM Ltd. exemplifies its commitment to the environment by prioritizing sustainable business practices. During the FY24, we proudly recycled an impressive 55,250 MT of PET plastic bottles, recycled 59 MT of waste fabric, Pellets extruded saved 640 KL
Slide 27: Strong Parentage
Parentage ELECTRODES POWER CONSULTANCY ▪ HEG Limited ▪ Indo Canadian Consultancy Services Limited Strong TEXTILES HIGHLIGHTS ▪ RSWM Limited ▪ 5 Group companies listed on the Stock ▪ Maral Overseas Limited Exchanges. ▪ BSL Limited ▪ Production units & Corporate office spread ▪ Bhilwara Technical Text
Slide 28: Historical Data
04 Historical Data 28 Financial Data 29 Financial Ratios www.rswm.in
Slide 29: Financial Data
Financial Data ₹ in Cr Revenue EBIDTA & EBIDTA Margin(%) PAT 240 4,057 3,817 3,789 464 2,771 2,326 340 110 264 215 132 35 23 9.3% 22 9.5% 9.5% 9.2% 9.2% 12.2% 12.2% 9.0% 9.0% 3.3% 3.2% 2.3% 4.9% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 ` Net Working Capital Net Cash
Slide 30: Financial Ratios
Financial Ratios ₹ in Cr ROCE(%) ROE(%) Net Worth 1,268 1,309 27.3% 999 706 761 16.3% 8.5% 9.7% 6.1% 4.3% 3.8% 3.2% 2.8% 2.7% 9.3% 9.5% 9.2% 12.2% 9.0% 3.3% 2.3% 4.9% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 ` Fixed Asset Turnover(x) Total Debt Capital Employed 3,59
Slide 31: Management Team
05 Management Team 31 Management Team 32 Achievement 33 Branding Communication 34 Event Exhibition: Yarnex www.rswm.in
Slide 32: Management Team
Management Team Mr. Prakash Maheshwari Mr. Suketu Shah Chief Executive Chief Executive (Corporate Affairs) (Denim) Mr. Naresh Kumar Bahedia Mr. Y D Tiwari Chief Executive Chief Executive (Grey & Dyed Yarn) (Melange Yarn) Mr. M K Yogi Mr. Arvind Kumar Maurya Chief Executive Chief Executive (Knits) (S
Slide 33: Achievement
Achievement RSWM Limited Most Innovative Risk – LNJ Denim (Winner) Holds the prestigious Winner of Management Strategy Award for best HR “3 Star Trading House” “The Rajasthan Energy of the Year practices to CHRO Endowed with Progress status by Conservation Award” in Towards Sustainability Govt. of I
Slide 34: Branding Communication
Branding Communication ❖ All-Season Durability: Engineered for year-round resilience in any climate. ❖ Eco-Friendly Innovation: Sustainability is at the core of our manufacturing. ❖ Unmatched Comfort & Quality: Precision-crafted fabrics for superior comfort. ❖ Heritage of Trust: Decades of expertise
Slide 35: Event Exhibition: Yarnex
Event Exhibition: Yarnex ❖ Successful Launch & Showcase: Introduced the AW26 collection across three divisions, including a new sports line for Knits, with outstanding product and brand display at the exhibition. ❖ Strong Market Interest & Media Coverage: Generated high engagement on-site and online
Slide 36: Annexure
06 Annexure 36 Standalone Profit & Loss Statement 37 Standalone Balance Sheet Statement www.rswm.in
Slide 37: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Parameter Quarterly Half-Yearly Yearly (₹ in Cr.) Q2 FY25 Q1 FY25 QoQ Q2 FY24 YoY H1 FY25 H1 FY24 YoY FY24 Total Income 1,172.63 1,214.53 (3.4)% 1,016.58 15.4% 2,387.15 1927.42 23.9% 4,092.72 Raw Material Cost 769.63 811.47 666.91 1,581.11 1267.40 2,603.39 Employee
Slide 38: Standalone Balance Sheet Statement
Standalone Balance Sheet Statement ₹ in Cr Assets H1 FY25 FY24 Equity & Liabilities H1 FY25 FY24 Non-current Assets 1,820.91 1,811.70 Shareholders' Fund 1,299.02 1,309.29 Property, Plant & Equipment 1,449.90 1,451.47 Share Capital 47.1 47.10 Capital work in progress 19.68 32.01 Reserve & Surplus 1,2
Slide 39: Thank You
Thank You G E T I N TO U C H W I T H U S Mr. Nitin Tulyani Mr. Surender Gupta President & CFO VP – Legal and CS Tel: 01483 222515 Tel: +91 120 4390058 E: cfo.rswm@lnjbhilwara.com E: skg@lnjbhilwara.com Corporate Office Registered Office Bhilwara Towers, Kharigram, A-12, Sector - 1 P.O. Gulabpura – 3