Iris Clothings Ltd. · NSE:IRISDOREME
Iris Clothings — Q2 FY2022 Earnings Presentation
24 slides from Iris Clothings's earnings presentation, 2021
Slide 1: Investor Presentation Q2 FY 2022
Investor Presentation Q2 FY 2022 Iris Clothing Limited – Investor Presentation 1
Slide 2: About the Company
Investor Presentation Q2 FY 2022 About the Company Iris Clothing Limited – Investor Presentation 2
Slide 3: Company Overview
Company Overview Presence in Ecommerce platforms We are a fast-growing kids apparel company that is engaged in designing, manufacturing, branding and selling garments. Our sustained pursuit of design and innovation has made us a preferred fashionable kids’ brand. We have been growing our presence on
Slide 4: Product Portfolio
Product Portfolio Iris’ brand DOREME offers a wide range of apparels for infants, Currently toddlers, and junior boys and girls that suit both their indoor and Established DOREME as a reputable and trusted brand. outdoor requirements. Has solidified its position in the kids segment mainly throug
Slide 5: History
History Crossed the ₹50 crores turnover milestone Commenced business as a Acquired proprietorship firm “M/S IRIS CLOTHINGS” including Acquired land at Pachla, Howrah, proprietorship firm its brand name DOREME West Bengal – a major step towards Migrated from SME portal ‘M/s Iris Clothings’ increasing
Slide 6: Market Opportunity
Investor Presentation Q2 FY 2022 Market Opportunity Iris Clothing Limited – Investor Presentation 6
Slide 7: Indian Textile & Apparel Industry
Indian Textile & Apparel Industry India’s Domestic Textile and Apparel Market Size (US$ in Bn) India is the second-largest producer of textiles and garments 190 in the world 13 42 Contributes 2.3% to the -30% 106 country’s GDP 8 20 76.5 6.5 135 50 15 Employs 45 million workers 4 28 11 78 in the text
Slide 8: Kids Wear - the Fastest to Recover
Kids Wear - the Fastest to Recover Kids wear is expected to grow at a CAGR of 8.76% between 2021-2026 ~365 million Indians are below the age of 15 years. Hence, a large customer base LOW HIGH Kids wear registered a 200% growth despite a 4% drop in overall online fashion order volumes in FY2021 Signi
Slide 9: Our Value System
Investor Presentation Q2 FY 2022 Our Value System Iris Clothing Limited – Investor Presentation 9
Slide 10: Integrated Operations
Integrated Operations Iris has a complete in-house integrated infrastructure right from design conceptualisation to manufacturing to branding and selling of finished goods to wholesaler. Conceptualization of Manufacturing & Sold to Raw Material Procurement Design & Development Branding+ Wholesalers
Slide 11: Manufacturing Prowess
Manufacturing Prowess Manufacturing excellence has been one of our biggest strengths. Moreover, our state-of-the-art facilities help us increase our capabilities multifold, achieve economies of scale and provide locational synergies. Foreshore Road, Pachla, Uluberia, Srijjan Industrial Park, Howrah
Slide 12: Wide Network
Wide Network 1 Distributor Network Business Update Future Outlook 3 Iris has 114 distributors Developing an ecommerce portal 2 on our website 3 Has an online presence across various fast-growing e-commerce Plans to add distributors in newer 4 9 6 1 channels like FirstCry, Hopscotch geographi
Slide 13: Enhancing Brand Visibility
Enhancing Brand Visibility Iris plans to enhance its digital marketing and branding initiatives to better mirror the customers’ fast-changing needs. The Company plans to undertake activities to enhance its brand recall and customer connect on social media channels. This would eventually drive tr
Slide 14: Relationship with Suppliers
Relationship with Suppliers Strong and trust-based relationships is of “I have been associated with IRIS IRIS Clothings is reliable and “IRIS Clothings is a great “Our association with DOREME is paramount importance since Clothings as a distributor for the a professional company. It is company with
Slide 15: Quality Consciousness
Quality Consciousness Iris ensures adherence to the desired standards of quality and specifications for its products and processes by undertaking adequate and stringent quality checks. This has helped the company in building strong customer trust and securing repeat business. 76% 54% revenue from re
Slide 16: Sustainability
Sustainability Environmental Social Iris follows a strict ecological policy that comprises of 6 features Waste Reduction Recycling No Child Labour Iris made an improvement in its fabric quality, Iris uses printing materials that is eco- which resulted in significant reduction of friendly, recyclable
Slide 17: Financials
Investor Presentation Q2 FY 2022 Financials Iris Clothing Limited – Investor Presentation 17
Slide 18: Financial Highlights
Financial Highlights ₹ in Crores FY17 FY18 FY19 FY20 FY21 Total Revenue 46.9 53.1 62.2 60.9 88.2 PAT 1.7 3.3 5.1 3.9 6.5 EBITDA 5.5 9.0 11.3 13.8 17.1 Net Worth 6.5 10.1 28.6 32.1 38.8 Debt 16.6 21.0 20.1 24.6 20.3 Iris Clothing Limited – Investor Presentation 18
Slide 19: Ratio Analysis
Ratio Analysis EBITDA Margin (in %) Return on Capital Employed (in %) Return on Assets (in %) 22.7 22.9 8.3 8.2 8.6 19.4 18.8 20.0 18.2 18.4 17.0 15.5 5.3 4.8 11.8 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Decrease in the ratio due to significant Recovery in FY21 was
Slide 20: Q2FY22 Update
Q2FY22 Update Business Update Financial Update Revenues were in-line with our expectations Total Income stood at ₹34.4 crores, up 40% YoY Began production in our undergarments vertical that is expected to be EBITDA margin is at 19.6% compared to 24.8% in Q2FY21, down by launched by December
Slide 21: Investment Rationale
Investor Presentation Q2 FY 2022 Investment Rationale Iris Clothing Limited – Investor Presentation 21
Slide 22: Our Differentiating Factors
Our Differentiating Factors Continuous investments to expand manufacturing capabilities coupled with high return on capital employed indicating efficient use of that capital With ~15 years of experience, promoters Catering to a large customer have a strong expertise in the industry segment of ~365 m
Slide 23: Safe Harbour Statement
Safe Harbour Statement This presentation has been prepared by and is the sole responsibility of Iris Clothings Limited (the “Company”). This presentation does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities. This presentation has been prepared by th
Slide 24: Thank You
Thank You For further details please contact: Santosh Ladha Diwakar Pingle / Sonia Keswani Iris Clothings Limited Christensen Advisory 📞: +91 33 2979 0289 📞: +91 22 4215 0210 📧: santosh.ladha@irisclothings.in 📧: dpingle@ christensenir.com 📧: skeswani@christensenir.com R E GI S T E R E D O F F…