Prosperity Weaving Mills Limited · PSX:PRWM
Prosperity Weaving Mills — Investor Presentation (November 2023)
23 slides from Prosperity Weaving Mills's investor presentation, November 2023
Slide 1: Corporate Briefing Session 2022-23
PROSPERITY WEAVING MILLS LTD. Corporate Briefing Session 2022-23
Slide 2: Nagina Group
Nagina Group Nagina Group founded in 1967 with the incorporation of Nagina Cotton Mills Limited by Mr. Shaikh Enam Ellahi (Late). Since then Nagina Group has expanded and comprises of following Companies: COMPANY NAME`` NATURE OF BUSINESS STATUS OF COMPANY Nagina Cotton Mills Ltd. Textile Spinning P
Slide 3: Company Brief
PROSPERITY WEAVING MILLS LTD. Company Brief
Slide 4: Company Brief
PROSPERITY WEAVING MILLS LTD. Company Brief Prosperity Weaving Mills Limited (the Company) was incorporated in Pakistan on November 20, 1991 as a public limited company under the repealed Companies Ordinance, 1984 (Now Companies Act 2017) and listed on Pakistan Stock Exchange Limited on October, 17
Slide 5: Board of Directors
PROSPERITY WEAVING MILLS LTD. Board of Directors Mr. Shahzada Ellahi Shaikh Chairman / Non-Executive Director Ms. Parveen Akhter Malik Independent Non-Executive Director Mr. Arfa Waheed Malik Independent Non-Executive Director Mr. Aneeq Khawar Independent Non-Executive Director Mr. Javaid Bashir She
Slide 6: Board of Directors: Executive Directors
PROSPERITY WEAVING MILLS LTD. Board of Directors Executive Directors Mr. Raza Ellahi Shaikh CEO / Director Graduate from Columbia University, U.S.A. Over 16 years of experience within textile industry. Certified Director from PICG.
Slide 7: Board of Directors: Independent Directors
PROSPERITY WEAVING MILLS LTD. Board of Directors Independent Directors Mr. Arfa Waheed Malik Mr. Aneeq Khawar Ms. Parveen Akhter Malik Masters in Economics from Business Graduate Master in Economics from Government College Lahore. Quaid-e-Azam University, Has over 38 years of banking Islamab
Slide 8: Board of Directors: Non-Executive Directors
PROSPERITY WEAVING MILLS LTD. Board of Directors Non-Executive Directors Mr. Shafqat Ellahi Shaikh Mr. Shaukat Ellahi Shaikh Mr. Shahzada Ellahi Shaikh Graduate from Columbia University, Graduate from Karachi Graduate from Columbia New York University, Karachi. University, New York Over 4 de
Slide 9: Board of Directors: Non-Executive Directors
PROSPERITY WEAVING MILLS LTD. Board of Directors Non-Executive Directors Mr. Amin Ellahi Shaikh Mr. Haroon Ellahi Shaikh Mr. Javaid B. Sheikh Graduate from New York Graduate from University of MBA Finance, from National University, New York. Manchester, England University, San Diego California
Slide 10: Financial Highlights
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Slide 11: Financial Highlights
PROSPERITY WEAVING MILLS LTD. Financial Highlights Qtr Ended For the Year Ended June 30, 30-Sep-23 2023 2022 2021 2020 2019 Sales Rs.'000 4,449,853 14,654,708 12,860,619 8,150,567 6,018,541 7,112,276 Gross profit Rs.'000 316,303 1,092,517 1,095,646 1,169,127 529,557 706,784 Profit before tax Rs.'000
Slide 12: YoY Sales Growth
PROSPERITY WEAVING MILLS LTD. YoY Sales Growth Sales Rs.'000 16,000,000 14,654,708 14,000,000 12,860,619 12,000,000 10,000,000 8,150,567 8,000,000 7,112,276 6,018,541 6,000,000 4,000,000 2,000,000 - 2023 2022 2021 2020 2019
Slide 13: Gross Profit
PROSPERITY WEAVING MILLS LTD. Gross Profit Rs.'000 1,400,000 1,169,127 1,200,000 1,092,517 1,095,646 1,000,000 800,000 706,784 600,000 529,557 400,000 200,000 - 2023 2022 2021 2020 2019
Slide 14: Profit After Tax
PROSPERITY WEAVING MILLS LTD. Profit After Tax Profit after tax Rs.'000 700,000 641,577 600,000 500,000 400,000 349,904 300,000 210,034 200,000 153,129 154,755 100,000 - 2023 2022 2021 2020 2019
Slide 15: Earnings Per Share
PROSPERITY WEAVING MILLS LTD. Earnings Per Share Earnings per share - after tax Rs. 40.00 34.72 35.00 30.00 25.00 18.93 20.00 15.00 11.37 10.00 8.29 8.37 5.00 - 2023 2022 2021 2020 2019
Slide 16: Cash Dividend
PROSPERITY WEAVING MILLS LTD. Cash Dividend Per Share Rs. 12.00 10.00 10.00 8.00 6.00 5.00 4.00 4.00 3.00 2.00 - - 2023 2022 2021 2020 2019
Slide 17: Dividend Yield
PROSPERITY WEAVING MILLS LTD. Dividend Yield % 25.00 20.00 20.00 17.09 15.00 11.76 10.46 10.00 5.00 - - 2023 2022 2021 2020 2019
Slide 18: Market Rate as on June 30
PROSPERITY WEAVING MILLS LTD. Market Rate as on June 30, Rupees 70.00 58.50 60.00 50.00 47.75 40.00 40.00 34.00 30.00 30.00 20.00 10.00 - 2023 2022 2021 2020 2019
Slide 19: Financial Highlights: Balance Sheet
PROSPERITY WEAVING MILLS LTD. Financial Highlights Balance Sheet Qtr Ended For the Year Ended June 30, 30-Sep-23 2023 2022 2021 2020 2019 Rs.'000 Non-Cuurrent Assets 3,289,241 3,360,337 2,528,638 2,314,178 2,108,991 2,240,387 Current Assets 4,006,589 3,609,754 3,698,510 2,227,551 1,780,575 2,222,612
Slide 20: Production
PROSPERITY WEAVING MILLS LTD. Production Company has 382 looms of various widths and fabric production is over 6 million meters annually. We produce a wide range of qualities from low GSM to heavy GSM, Narrow to Wider Width, Plain, Textured, Twill, Satin, Dobby, Stripes, Mini Jacquard, selvedge writ
Slide 21: Current and Future Challenges and Risk
PROSPERITY WEAVING MILLS LTD. Current and Future Challenges and Risk: 1. Finished Goods: Low fabric demand and poor margins. 2. Policy Issues: likes of energy, taxation, Monitory etc, are unpredictable, inconsistent and non-inclusive. 3. Energy Issues: unending worries about tariff shift, transmissi
Slide 22: PROSPERITY WEAVING MILLS LTD.
PROSPERITY WEAVING MILLS LTD.
Slide 23: Thank You
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