Bannu Woollen Mills Limited · PSX:BNWM
Bannu Woollen Mills — Investor Presentation (November 2023)
19 slides from Bannu Woollen Mills's investor presentation, Nov 13, 2023
Slide 1: Corporate Briefing Session for the Year Ended June 30, 2023
Bannu Woollen Mills Limited Corporate Briefing Session For the Year Ended June 30, 2023 TO BEMARKET LEADERS INWOOLLEN/BLENDED FABRICS, BLANKETS &SHAWLS Date : 13 November, 2023 Presented by : Mr. Azmat Khan 1
Slide 2: Contents
CONTENTS • Company Brief • Overall Business Environment –Y 2023 • Financial Details • Future challenges / prospects Questions & Answers • Questions & Answers 2
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared by Bannu Woollen Mills Limited (BWM) solely for information purpose. The information contained in this presentation should be considered in the context of the circumstances prevailing at the time and will not be updated to reflect any developments that
Slide 4: Company Brief (June 30, 2023)
COMPANY BRIEF (June 30, 2023) Bannu Woollen Mills Limited (the Company) was incorporated in Pakistan as a Public Company in the year 1960 under the Companies Act, 1913 (now the Companies Act, 2017) and its shares are quoted on Pakistan Stock Exchange Ltd. The Company is principally engaged in manufa
Slide 5: Board Members
BOARD MEMBERS Status Name of Directors Non-Executive Lt. Gen. Ali Kuli Khan Khattak (Retd) Executive Mrs. Shahnaz Sajjad Ahmad – CEO Non-Executive Mr. Ahmad Kuli Khan Khattak – Chairman Executive Dr. Shaheen Kuli Khan Khattak Independent Brig Agha Arshad Raza (Retd) Non-Executive Syed Zubair Ahmad S
Slide 6: Board Committees and Key Management Personnel
BOARD COMMITTEES AND KEY MANAGEMENT PERSONNEL BOARD COMMITTEES ALONGWITH MEMBERS Chairman BOARD AUDIT COMMITTEE Mr. Ahmad Kuli Khan Khattak-Chairman BOD CEO 1. Mr.Abdul Rehman Qureshi-Chairman 2. Brig (R)Agha Arshad Raza -Member Mrs. Shahnaz Sajjad Ahmad 3. SyedZubair Ahmed Shah-Member COO HUMAN RES
Slide 7: BiboJi Group of Companies
ASSOCIATED COMPANIES • Janana De Malucho Textile Mills Limited. • Rahman Cotton Mills Limited. BiboJi • The Universal Insurance Co. Limited. • Bibojee Services (Pvt) Limited. Group of • Gammon Pakistan Limited. • Ghandhara Tyre & Rubber Co, of Pakistan Limited. ( formally known as The General Tyre a
Slide 8: Overall Business Environment - Y 2023
OVERALL BUSINESS ENVIRONMENT - Y 2023 In this challenging environment, the Company is Business Overview endeavoring to: • The government is prepared to raise gas prices for • keep costs low domestic, commercial, and industrial consumers and • to enhance revenues (mainly volumetric) this increase is
Slide 9: Total Assets (Rs. Million)
Total Assets: (Rs. Million) Current Assets Current Assets Jun. 30, 2023 Jun. 30, 2022 %age Current Assets 800 800 800 800 Change Jun-23 (Rs. Million) Jun-22 (Rs. Million) 700 700 700 700 Stores & spares 111.79 127.29 12.18% 600 600 Stock in trade 647.29 670.59 3.47% 500 500 Trade Debts 291.50 229.11
Slide 10: Solvency Ratios
Solvency Ratios: Jun. 30, Jun. 30, Benchmark Solvency Ratio Ratio 2023 2022 ratios 3.00 2.50 Jun. 2023 Current Ratio 2.11 2.11 1.75 Jun-22 2.50 Benchmark ratios 2.00 Quick Ratio 1.00 0.88 1.00 2.00 1.50 1.50 Cash Ratio 0.09 0.06 0.25 1.00 1.00 Total Debt/ Equity Ratio 0.28 0.24 0.50 0.50 0.50 Long t
Slide 11: Liquidity Ratios
Liquidity Ratios: Liquidity Ratio Jun. Jun. Benchmar Ratio 3.50 4.00 3.00 2023 2022 k ratios 3.50 3.00 2.50 3.00 2.50 2.00 2.50 2.00 Debtor Turnover Ratio 3.56 4.62 2.00 2.00 1.50 1.50 1.50 1.00 1.00 1.00 Working Capital Ratio 2.11 2.11 1.75 0.50 0.50 0.50 0.00 0.00 Debtor Turnover Ratio Working Cap
Slide 12: Total Liabilities (Rs. Million)
Total Liabilities: (Rs. Million) Current Current Liabilities Liabilities Jun. 30, %age Current Liabilities Jun. 30, 2023 2022 Change 400 400 450 350 400 350 Trade & Other 115.44 134.10 350 300 300 payables 13.17% 300 250 250 Unpaid Dividend 3.45 3.45 0.00% 250 200 200 200 Unclaimed Dividend 4.75 4.7
Slide 13: Financial Details – 2022 Vs. 2023
Financial details – 2022 Vs. 2023 2023 2022 Operating Profit (Rs in Million) Sales Revenue 107.82 (Rs in Million) 1,038 Rs.37.048 million Profit 89.85 969 before adjustment of associate loss Earnings / (loss) Profit / (Loss) per share (36.10) After Tax (343) (Rs/Share) (Rs in Million) Rs366.668 mill
Slide 14: Profit & Loss Ratios
Profit & Loss ratios: Jun. Jun. P&L %ages Ratio 2023 2022 0.70 1.00 0.50 0.80 0.60 0.45 0.60 Gross Profit %age 25.69% 24.59% 0.40 0.50 0.40 0.35 0.40 0.20 0.30 Operating Profit %age 10.38% 9.27% 0.00 0.30 Gross Profit %age Operating Profit %age Net Profit %age Effective tax rate %age 0.25 (0.20) 0.2
Slide 15: Production Data and Finished Goods
Production Data and Finished Goods Year Ended Jun. 30, 2023 2022 Production Data Production (finished) Meters 1,217,876 1,188,664 Cost of Sales as Percentage of Revenue % 74.31 75.41 Capacity utilization : Spinning / Weaving % 56%/60% 54%/56% Total Manufacturing Costs Per Unit Produced Minus Materia
Slide 16: Key Variances
Key Variances Jun. 30, Jun. 30, Variance 2023 2022 Variance of P&L over the corresponding period is mainly due to the following: Rupees in thousand Raw materials including WIP adjustment 392,528 310,474 82,054 Salaries and wages 245,772 230,792 14,980 Power and fuel 72,624 68,868 3,756 Repair and ma
Slide 17: Current Challenges / Future Prospects
Current challenges / Future prospects The Company will remain exposed to the risk of adverse Increase in prices of We are facing following Increased overheads fluctuation in the Pak raw materials, fuel current challenges / adversely affecting Rupee vs. US$ parity and utilities, minimum circumstances
Slide 18: Questions and Answers Session
Questions and Answers Session 19
Slide 19: Thank You
THANK YOU 20
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