Faisal Spinning Mills Limited · PSX:FASM
Faisal Spinning Mills — Investor Presentation (November 2020)
23 slides from Faisal Spinning Mills's investor presentation, Nov 23, 2020
Slide 1: Minutes of the Corporate Briefing Session - 2020
Minutes of the Corporate Briefing Session - 2020 The Corporate Briefing Session (“CBS”) was conducted virtually on November 23, 2020 and the session was chaired by Mr. Muhammad Salim, the director of the company. The CBS was commenced by the brief introduction about the Umer Group and the company fo
Slide 2: Faisal Spinning Mills Limited Corporate Briefing Session 2020
1 FAISAL SPINNING MILLS LIMITED CORPORATE BRIEFING SESSION - 2020
Slide 3: Table of Contents
2 Table of Contents Introduction Outlook of Textile Industry Financial Performance New Finishing Unit ( Work in Progress) Question and Answers Thankyou Note
Slide 4: Introduction
Introduction 3 Umer Group of Companies - UGC Established in 1980, the Umer Group of Companies with headquarter in Karachi, has been at the forefront of textile industry in Pakistan since many years. Through dedicated efforts, hard work and by the grace of Allah Umer Group is one of the leading group
Slide 5: Incorporation, Symbol, Legal Status
Incorporation 4 The company Faisal Spinning Mills Limited established in January 1985. Symbol FASM Legal Status Public Limited Company. Capital Authorized Capital - 120,000,000 Issued Paid-up Capital - 100,000,000 (Ordinary Share of Rs. 10 each) Associated Undertakings Bhanero Textiles Mills Ltd Ble
Slide 6: Registered Office, Manufacturing Units, Credit Rating
5 Registered and Liaison Office Registered office of the company is located at Umer House, 23/1, Sector 23, K.I.A , Karachi. Liaison office of the company is located at City Towers, Main Boulevard, Gulberg-II, Lahore. Manufacturing Units i) Spinning Unit I with an installed capacity of 38,208 spindl
Slide 7: Board of Directors
Board of Directors Sr Names of Directors Designation | Mr. Bilal Sharif Executive Director / CEO il Mr. Khurrum Salim NXD - Director lll Mr. Mohammed Amin )NXD - Director NV. Mr. Hanmza Shakeel \XD - Director \ Mrs, Fatima Amin NXD - Director VI Mr. Mohammad Salim |NXD - Director / Chairman Vl Mr. M
Slide 8: Outlook of Textile Industry
Outlook of Textile Industry 7 Cotton outputs in Pakistan have plunged to 21-year lows mainly due to poor seeds and lack of technology and innovations, threatening the livelihoods of growers and textile sector’s viability. The country is going to harvest 8.5 million bales of cotton in 2020/21, accord
Slide 9: Finishing Unit
Finishing Unit 8 The erecting of machinery is in process and we are quite optimistic to commence our commercial production by January 2021.However, the eruption of second wave though not much intense so far in Pakistan might delay our targeted deadlines in case lock down situation arises. Our recent
Slide 10: Financial Performance
Financial Performance 9 During the year ended June 30, 2020 the company achieved sales of PKR 14,895.550 million as compared to PKR 14,028.566 million in the corresponding year of the same period showing an increase of sales by 6.18%. The company earns a profit after tax amounting to PKR 523.879 mil
Slide 11: Statement of Profit or Loss
Statement of Profit or Loss For the Year Ended June 30, 2020 Sales Cost of sales Gross profit Other income Distribution cost Administrative expenses Other operating expenses Finance cost Share of profit from associated undertaking Profit before tax Provision for taxation Current tax - Current year C
Slide 12: Year-Wise Operating Data
Faisal Spinning Mills Limited For the year ended June 30, 2020 Spinning Unit Spindle installed Spindles worked - Average Installed capacity after conversion into 20/s count - kg Actual production - Kg Weaving Unit Air jet looms installed Air jet looms worked Installed capacity after conversion into
Slide 13: Year-Wise Financial Data
Profit and loss account Turnover (Net) Gross profit Operating profit Financial expenses Share profit of associate Profit before tax Profit after tax Cash dividend Balance Sheet Share capital Reserves Shareholder equity Long term liabilities Short term loan Current liabilities Current portion of long
Slide 14: Ratios
Ratios Performance Sales growth percentage - Year to Year basis Gross profit (%) Profit before tax (%) Profit after tax (%) Breakup value per share - Rupees per share Market value of share - at the year end - Rupees per share Earnings per share - Rupees per share Price earning ratio Leverage Gearing
Slide 15: Turnover (Millions)
Turnover (Millions) 14 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 - 2020 2019 2018 2017 2016 2015 Series1 14,896 14,029 11,843 10,564 9,282 9,281
Slide 16: PBT & PAT
PBT & PAT 15 Profit before tax (%) Profit after tax (%) 7.86% 9.00% 8.00% 6.55% 6.09% 7.00% 4.88% 4.68% 6.00% 4.63% 4.08% 5.00% 3.52% 2.73% 4.00% 1.92% 1.88% 1.82% 3.00% 2.00% 1.00% 0.00% 2020 2019 2018 2017 2016 2015
Slide 17: Shareholders Equity
Shareholders Equity 16 7,000.00 6,000.00 5,000.00 4,000.00 3,000.00 2,000.00 1,000.00 - 2020 2018 2017 2016 2015 2014 Shareholders Equity 5,936.89 5,280.83 4,575.10 4,171.01 3,790.30 3,664.39
Slide 18: Breakup Value of Share
Breakup Value of Share 700.00 17 593.69 600.00 528.08 500.00 457.51 417.10 400.00 379.03 366.44 300.00 200.00 100.00 - 2020 2019 2018 2017 2016 2015
Slide 19: Earnings Per Share
Earnings Per Share 18 100.00 91.85 90.00 80.00 70.00 60.00 57.79 52.39 50.00 43.10 40.00 30.00 20.00 16.92 17.45 10.00 - 2020 2019 2018 2017 2016 2015
Slide 20: Cash Dividend - %
Cash Dividend - % 19 250.00% 232.00% 200.00% 185.00% 172.50% 150.00% 150.00% 100.00% 50.00% 50.00% 50.00% 0.00% 2020 - Interim 2019 2018 2017 2016 2015
Slide 21: Categories Of Shareholders
Faisal Spinning Mills Limited Categories Of Shareholders As At June 30, 2020 Numbers Of Sr Categories Of Shareholders Gece Shares Held Percentage % i Sn Their spe 17 3,908,179 39.08 2 Associated Companies, Undertaking 16 5,011,921 50.12 and Related Parties 3 NIT/ICP 1 500 0.01 4 Bank / Financial Ins
Slide 22: Free Float of Shares
Faisal Spinning Mills Limited Free Float of Shares As on June 30, 2020 Total outstanding shares lesse Shares held by Directors /Sponsors Government holding as Promoter /Acquirer /Controller Shares held by Associated Undertakings Shares held with General Public Free Float Total number of shares avail
Slide 23: Question & Answers Session
22 Question & Answers Session The honorable guest and shareholders of the company are requested to proceed for question and answer session with regard to the financial statements for the year ended June 30, 2020. Thanks
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