Shiva Texyarn Limited · NSE:SHIVATEX
Shiva Texyarn — Q2 FY19 Earnings Presentation
39 slides from Shiva Texyarn's earnings presentation, Nov 15, 2018
Slide 1: Revised Investor Presentation cover letter to exchanges
SHIVA TEXYARN LIMITED Website : www.shivatex.co.in CIN : L65921TZ1980PLC000945 GSTRN : 33AABCA6617M1ZO Regd. Office : 252, Mettupalayam Road, Coimbatore - 641 043, Tamilnadu INDIA J | \ Telephone : 0422 - 2435555 E-mail : [email protected] STYL/SEC/SE/3024/2018-19 15.11.2018 To BSE Limited The M
Slide 2: Result Update Presentation – Q2 & H1 FY19
Shiva Texyarn Limited Result Update Presentation – Q2 & H1 FY19 November 2018
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Shiva Texyarn Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any con
Slide 4: Table of Contents
Table of Contents Managing Director’s Message Consolidated Financial Highlights Company Overview Industry Overview Business Overview Way Ahead 3
Slide 5: Managing Director's Message – Q2 FY19
Managing Director’s Message – Q2 FY19 “This quarter we have registered a revenue of Rs. 94 crore along with EBITDA and PAT of approximately Rs. 13 crore and Rs. 3 crore respectively. The EBITDA margins have expanded by over 200 bps on back of higher profitability driven by both business divisions, e
Slide 6: Consolidated Financial Highlights
Consolidated Financial Highlights
Slide 7: Quarterly Financial Highlights – Q2 FY19 (YoY)
Quarterly Financial Highlights – Q2 FY19 (YoY) Rs Cr Q2 FY19 Q2 FY18 Y-o-Y % Q1 FY19 Total Income from operations 93.9 105.9 (11.4%) 85.9 Raw Material Expenses 55.4 68.6 49.7 Employee Expenses 11.6 10.6 10.8 Other Expenses 14.0 14.5 15.5 Total Expenditure 81.1 93.7 76.1 EBITDA (excluding other incom
Slide 8: Half Yearly Financial Highlights – H1 FY19 (YoY)
Half Yearly Financial Highlights – H1 FY19 (YoY) Rs Cr H1 FY19 H1 FY18 Y-o-Y % Total Income from operations 179.8 187.7 (4.2%) Raw Material Expenses 105.1 109.5 Employee Expenses 22.5 20.1 Other Expenses 29.5 33.3 Total Expenditure 157.1 162.9 EBITDA (excluding other income) 22.7 24.8 (8.6%) EBITDA
Slide 9: Balance Sheet as on 30th September 2018
Balance Sheet as on 30th September 2018 Rs. Cr 30th Sept 18 31st Mar 18 Rs. Cr 30th Sept 18 31st Mar 18 Equity 110.4 108.1 Non-current Assets 233.7 235.3 Equity Share Capital 13.0 13.0 Tangible Assets 204.6 208.7 Other Equity 97.4 95.1 Intangible Assets 0.4 0.4 Demerger Adjustment 0.0 0.0 Capital wo
Slide 10: Annual Financial Highlights – FY18
Annual Financial Highlights – FY18 Total Income (Rs. Cr) 449.9 382.7 358.8 FY16 FY17 FY18 EBITDA (Rs. Cr) / Margin (%) PAT (Rs. Cr) / Margin (%) 12 3.2% 4% 60 12.5% 13% 11 2.7% 3% 2.4% 11.4 50 12.4% 13% 11 3% 54.3 12% 11 40 47.4 44.8 2% 12% 11 30 12% 10.9 2% 11 20 12% 1% 12.1% 10 10.5 12% 1% 10 10 1
Slide 11: Annual Financial Highlights – FY18
Annual Financial Highlights – FY18 Rs Cr FY18 FY17 Y-o-Y % Total Income from operations 358.8 382.7 (6.2%) Raw Material Expenses 209.0 232.3 Employee Expenses 41.2 34.5 Other Expenses 63.8 68.6 Total Expenditure 314.0 335.3 EBITDA (excluding other income) 44.8 47.4 (5.5%) EBITDA Margin 12.5% 12.4% 1
Slide 12: Annual Balance sheet Highlights – FY18
Annual Balance sheet Highlights – FY18 ROA (%) RoCE (%) 15.77% 15.41% 3.20% 12.47% 3.17% 2.97% FY16 FY17 FY18 FY16 FY17 FY18 Net Debt to Equity 1.57 1.26 1.34 FY16 FY17 FY18 RoA = Net Profit/Total Assets \ RoCE = EBIT/(Shareholder’s Fund+Total Debt-non current investments) \ D/E= Total Debt/Total Eq
Slide 13: Balance Sheet as on 31st March FY18
Balance Sheet as on 31st March FY18 Rs. Cr 31st Mar 18 31st Mar 17 Rs. Cr 31st Mar 18 31st Mar 17 Equity 108.1 99.2 Non-current Assets 235.3 237.8 Equity Share Capital 13.0 21.6 Tangible Assets 208.7 212.3 Other Equity 95.1 141.3 Intangible Assets 0.4 0.5 Demerger Adjustment 0.0 -63.7 Capital work-i
Slide 14: Company Overview
Company Overview
Slide 15: Company Overview
Company Overview Among leading multifaceted Textile companies - strong focus on Technical Start of Art manufacturing facilities with Textiles advanced Technology in Tamil Nadu ▪ First Company to introduce Reactive ▪ Spinning Division – 52,000 Spindles Polyurethane lamination technology in India Spin
Slide 16: Journey So Far
Journey So Far 1985-1989 2009-2012 2016-2018 2009 – Knitting, Garment & Spinning mills II 2017 - Scheme of arrangement 1985 - Went Public division started at Karanampettai (Demerger) between Shiva Texyarn 1989 – Spinning Mill unit I at Dindigul 2012 – Started Processing division at Sipcot, Limited &
Slide 17: Strong & Experienced Management Team
Strong & Experienced Management Team Mr. S V Alagappan – Chairman Mr. S K Sundararaman – Managing Director ▪ Law graduate and has rich experience in ▪ MBA from judge institute of the fields of textiles and automobiles for management studies Cambridge more than three decades University, UK ▪ Wide exp
Slide 18: Industry Overview
Industry Overview
Slide 19: Indian Textiles – Industry Overview
Indian Textiles – Industry Overview ▪ Indian Textile contributes 14% to industrial production and 4% to GDP India's textile market size (USD Billion) ▪ With over 51 million people directly and 69 million people indirectly, textile industry is 300 250 second largest source of employment generation in
Slide 20: Technical Textiles – An Overview
Technical Textiles – An Overview AGROTEX BUILDTEX CLOTHTEX GEOTEX • Shade-nets • Architectural Membranes • Shoe lacesInterlinings • Geogrids • Mulch-mats Crop-covers • Awnings & Canopies • Zip fasteners • Geonets • Anti-hail nets and bird • Hoardings & Signages • Elastic narrow fabrics • Geocomposit
Slide 21: Technical Textiles – An Overview
Technical Textiles – An Overview ▪ Global Technical Textile Market is expected to reach USD 244 Billion by FY 2022E from Technical Textile Industry (USD BN) USD 158.4 Billion in 2015 with CAGR of 6.4% from 2015 to 2022. 244 ▪ The United States of America alone consumes 23% of total global technical
Slide 22: Technical Textiles – India - New Arena of Growth
Technical Textiles – India - New Arena of Growth ▪ Indian Technical textile industry - expected to expand at CAGR of 13.11% during Indian Technical Textile Industry (USD billion) FY18–23 to USD 32 billion in FY23E 32 ▪ India expected to be key growth market - Due to cost-effectiveness, durability an
Slide 23: Export of Technical Textiles from India
Export of Technical Textiles from India ▪ India exported technical textiles products worth USD 1.79 Bn in 2014-15 with CAGR of 16% since 2007-08 ▪ Indutech and Packtech are largest exported segments with share of 44% and 30% ▪ Segment like Meditech, Agrotech, Mobiltech and Geotech are also gaining c
Slide 24: Import of Technical Textiles in India
Import of Technical Textiles in India ▪ Imports of technical textiles is around USD 1.4 bn in 2014-15 with CAGR of 8% since 2007-08 ▪ Imports is mainly driven by Indutech segment accounting for 83% of total imports, followed by Meditech, Packtech, Clothtech and Hometech ▪ Major imported products inc
Slide 25: Smart Textiles: Future of Technical Textiles
Smart Textiles: Future of Technical Textiles ▪ Smart textiles represents next generation of textiles with use in several fashion products, furnishing and technical textiles applications. Smart textiles can be divided into two categories i.e. aesthetic and performance enhancing. Aesthetic include fab
Slide 26: Business Overview
Business Overview
Slide 27: Business Segments
Business Segments Spinning Value added Products 26
Slide 28: Business Divisions…(1) Spinning Division
Business Divisions…(1) Spinning Division ▪ More than 25 years of experience in Spinning Industry ▪ 52,000 Spindles capacity ▪ Raw material comes from selected ginners of India and from International sources in West Africa, Australia and the United States ▪ Manufacture Combed, Carded and Compact Yarn
Slide 29: Business Divisions…(2) Lamination Division
Business Divisions…(2) Lamination Division ▪ One of most innovative technologies used in Textile products ▪ Only Indian company with more than decade of experience ▪ Two lines can produce approx. 6,00,000 meters per month ▪ Applications ▪ Breathable, Waterproof membrane Lamination, Fleece to Fleece,
Slide 30: Lamination Division… Strong Retail Brand in India
Lamination Division… Strong Retail Brand in India ▪ Market leadership o Market leader – combined with “Inventor & Innovator” of Dry Sheets in India o Manufactures more than 100,000 mts/ month; millions in a year ▪ Wide Retail Distribution Network in India o Pan India presence – connecting to 10,000+
Slide 31: Business Divisions…(3) Military & Tactical Gear
Business Divisions…(3) Military & Tactical Gear ▪ Military and Tactical Gear : Makes most advanced military gear like Nuclear Biological Chemical Suit (NBC) ▪ Extreme cold weather clothing – Protection from 5 degree to -20 degree centigrade ▪ Super high altitude Mountaineering clothing ▪ Among very
Slide 32: Business Divisions…(4) Garment & Home Textile Division
Business Divisions…(4) Garment & Home Textile Division ▪ Among leading suppliers to IKEA ▪ Home Textile : Door, Window & Shower Curtain, Cushion Covers ▪ Bedding Range : Sheets, Duvet covet, Fleece Blankets ▪ Towel Range : Bath, Wipe & Swimming Towels ▪ Kitchen Range : Apron, Pot Holder, Table Cloth
Slide 33: Business Divisions…(5)
Business Divisions…(5) Processing Division Coating Division Bag Division ▪ Bag ranging from School bags, ▪ Unit started in year of 2012 at ▪ 9 lakh meters material handling exclusive girls range & professional SIPOT, Perundurai, Erode capacity per month range for camping & photography ▪ Famous for S
Slide 34: Key Strengths
Key Strengths Continual focus on Innovation & Integrated business operations & New product development unique business model ▪ Strong capabilities backed by in – ▪ Multifaceted Company with strong focus on value added house manufacturing and R&D products Team enables developing ▪ Vertically & Backwa
Slide 35: State of Art Manufacturing Facilities
State of Art Manufacturing Facilities Spinning Unit Processing Unit Lamination Unit Bag Unit Kodangipalayam Village Factory E-16, P-11 SIPCOT S.F. No. 371/5, Karadivavi Road S.F No. 371/5, Karadivavi Karadivavi Road, Paruvai Post Industrial Growth Estate Paruvai Post, Karanampet Road Paruvai Post, C
Slide 36: Certifications
Certifications sist TEXYARN LIMITED ‘Boundiess Vision, Boundless Competence pacer OEKO-TEXO 35
Slide 37: Way Ahead
India’s No-1 & Most Trusted ® Baby Bed Protector Sh 2 >
Slide 38: Way Ahead
Way Ahead Increase in Military & Tactical Gear business ▪ Add new & innovative products and increase product offerings to 01 Defence segment, through innovation, combined with integrated facilities & strong R&D capabilities Quick Dry - Expand Distribution & Consolidate market leadership in Dry sheet
Slide 39: Thank You
Thank You 511108 SHIVATEX SVTYIN SHTE.BO For further information, please contact: Company : Investor Relations Advisors : Shiva Texyarn Ltd. Bridge Investor Relations Pvt. Ltd. Mr. C Krishna Kumar Ms. Savli Mangle [email protected] [email protected] Mr. Harshit Gandhi [email protected]