1 / 36

Banswara Syntex Limited

Discover the financial performance highlights and business overview of Banswara Syntex Limited in the financial year 2009-10. This document outlines key statistics, growth strategies, and future investment considerations of the company.

kjanelle
Download Presentation

Banswara Syntex Limited

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Banswara Syntex Limited Investors Update June 2010

  2. KEY HIGHLIGHTS OF 2009-10 • Total Income increased by 15% • EBIDTA increased by 41% • PAT more than 3.2 times. • Interim Divided 15% in Jan-10 • Net Worth Rs. 118 Cr. (31-Mar-2010) • Net Worth and DTL Rs. 145 Cr. (31-Mar-2010) • Book Value of Shares Rs. 90.10 per share • Basic EPS Rs. 23.55

  3. SAFE HARBOR This presentation outlines the business model of Banswara Syntex Limited and its future growth strategy. It is for reference of the intended recipient only and any unauthorized sharing of the same is prohibited. This document does not constitute an offer or invitation to offer for purchase / sale of any securities. The document may contain certain “forward looking statements”, which the Management believes to be true in terms of the present organizational strategy. There is no warranty, implied or otherwise that the information is accurate or otherwise complete and neither the company nor its Management shall be held responsible for any act or omission on the part of the recipient of this document. www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  4. AGENDA • About - Banswara Syntex Limited • Our Plants – Installed Capacities • Our Valued Customers • Shareholding Pattern • Dividend/Bonus History • Product Wise and Domestic & Export Sales • Financial Highlights – Q1FY11 • Working Performance for FY 07,08,09,10 • Share Price v/s BSE Sensex Comparison • Awards / Achievements • Status of the projects under implementation • Global Textile Industry • Investment Consideration • Milestones • Corporate Social Endeavours • Address & Contacts www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  5. ABOUT US Banswara Syntex Ltd. (BSL) was incorporated in the year 1976.While Incorporation it was a joint sector company with RIICO Ltd. (A Govt. of Rajasthan Undertaking) and Mr. R.L.Toshniwal. In 1982 Mr.Toshniwal purchased the shares from RIICO. Presently it is a Public Limited Company, the promoters holding is 52.89% of Equity Share Capital. Initially it was a spinning mill with 12500 spindles. As the journey continued the Company completed expansion, diversification and modernization plans. Over the last 3 decades, Company besides increasing the Spinning capacity to 134164 spindles started production of Fabric from 1993, Readymade Garments from 2004,Made-ups and Worsted Spinning from 2008. The Company also Entered Into JV with a French Company Carreman in 2006. It is a Government recognized Trading House and has won theHighest Export Performance awardfromSRTEPC for the last 8 years in a row. The Company also owns state awards for “Export Excellence” for export made in last 3 Years from 2005-06 to 2007-08 BSL is one of the Largest Vertically integrated Textile Player www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  6. MANAGING & WHOLE TIME DIRECTORS Mr. R L Toshniwal – Chairman & Managing Director He holds a Masters degree in Textiles from Leeds University, UK and has a vast experience of 47 years in the field of Textile Industry. Besides Banswara, he is on the board of five other companies and also holds the office of Chairman of the Synthetic & Rayon Textile Export Promotion Council (SRTEPC). Mr. Ravi Toshniwal – Jt. Managing Director He holds a B.Tech (Chem.) from IIT, Mumbai and has also undergone OPM Course of Harvard University, USA. He has 18 years of experience in Textile Industry and is responsible for the overall activities of the company. Mr. Rakesh Mehra – Whole Time Director He is a Chartered Accountant by qualification and has 22 years of experience in Textile Industry. He is responsible for the entire commercial and financial activities besides export sales of yarn. Mr. Shaleen Toshniwal – Whole Time Director He holds a Bachelors degree in Business Management from Bentley College, USA and has over 6 years of experience in the field of Textile Industry. He is responsible for the readymade garment units of the company at Daman and Surat. www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  7. BOARD OF DIRECTORS Banswara Syntex Ltd, has twelve directors including four managing & whole time directors, one nominee director appointed by EXIM Bank, and other seven directors who are independent professional directors on the Board. Independent Directors are- Mr. Kamal Kishore Kacholia Mr. Parduman Kumar Mr. Vijay Mehta Mr. Vijay Kumar Agarwal Mr. A N Jariwala Mr. D P Garg Mr. S B Agarwal Dr. R. Swaminthan – Nominee Director www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  8. OUR BUSINESS PORTFOLIO DAMAN & SURAT PLANT BANSWARA PLANT BANSWARA PLANT Installed Capacities Installed Capacities Installed Capacities • Jacquard made-ups – 12,500 pcs/ month • Readymade Trousers – 2,50,000 pcs / month • Readymade Jackets – 10,000 pcs / month • Shuttle – less Looms – 198 • Jacquard Looms – 20 • Fabric – Processing Capacity – 4 Million Meters / Month • Ring Spindles – 1,19,188 • Worsted Yarn Spindles – 14,400 • Air Jet Spindles - 576 www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  9. BUSINESS PROCESS SPINNING WEAVING & PROCESSING GARMENTING Filament Yarn (Rayon / Polyester) VSF PSF ASF Cotton Lycra Linen Wool Greige SPINNING WEAVING Including TECHNICAL FABRIC SPUN YARN Internal Sales GARMENTS / MADE UPS Domestic Sales PROCESSING & FINISHING Export Sales Internal Sales External Sales Fabric P. Fabric T. Fabric P. Fabric Fabric P. Fabric – Performance Fabric T. Fabric – Technical Fabric External Sales www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  10. OUR PLANTS * (Per Month)

  11. INSTALLED CAPACITIES Spinning BSL is a vertically integrated textile player engaged in manufacturing of man-made synthetic blended yarn, wool and wool mixed yarn, all type of suiting and jacquard furnishing and technical fabrics besides production of trousers, jackets and made-ups. We specialize in producing blends of viscose staple fibre, polyester staple fibre, acrylic staple fibre, lycra, cotton, linen and wool. We have a total production capacity of 30,000 tones of yarn per annum.  It includes 28,000 tones polyester blended dyed yarns and 2000 tones wool mix yarn per annum.  The Company also specializes in producing various type of fancy spun yarns The present installed capacity is as under:- Ring Spindles 1,19,188 Worsted Yarn Spindles 14,400 Air Jet Spindles 576 www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  12. INSTALLED CAPACITIES Fabric - Weaving & Processing We produce Hi-Quality Hi- Performance Textile wear ,technical & jacquard finished fabric for both domestic and Exports. We have high qualified, skilled and dedicated Technical team where we produce textile fabrics from fibre stage to yarn, weaving, finishing and Garmenting. Our Specialty in textile include: » Stretch fabrics. WE ARE “LYCRA ASSURED and Accredited”» Specialty finishes for touch (Stain, Wrinkle, Moisture Management etc.)» Fire Retardant Fabric.» Fabric Design and Development innovations.» Laminated Technical Fabric Shuttles-less Looms 198 Jacquard Looms 20 Fabric Processing Capacity 4 Million Meters/Month www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  13. INSTALLED CAPACITIES Readymade Garments Banswara Garments is located in Daman and SEZ Surat. The garment units are a specialized in Trousers and Jackets production. It makes the offering of Banswara complete textile vertical. Our team will take you right from conceiving an idea for fabric  to the final product ready to wear in the least possible lead-time. These factories are equipped with a full complement of machines to be able to manufacture trousers and Jackets of the finest quality. We do all our marking and grading on a CAD system from Rich Peace. The sewing line primarily consists of Juki machines. There are automatic Welting Machines from Eagle. Curtain Felling Machines from Union Special, Eyelet Buttonhole Machines from Reece and Blind Loop Machines from Mair. The pressing is entirely from Rotondi, including leggers, toppers and side seam presses. • Jacquard made-ups 12,500 Pcs/Month • Readymade Trousers 2,50,000 Pcs/Month • Readymade Jackets 10,000 Pcs/Month www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  14. INSTALLED CAPACITIES The first unit of 15/18 MW Thermal Power Plant is working satisfactorily from Sep’07. The second unit of the same Capacity is under implementation which is likely to commence commercial production from Jan’11. First Unit of Thermal Power Plant 15/18 MW www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  15. OUR VALUED CUSTOMERS IN INDIA www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  16. OUR VALUED CUSTOMERS IN INDIA ARVIND www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  17. OUR VALUED CUSTOMERS AROUND THE GLOBE www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  18. SHARE HOLDING PATTERN AS ON June 30, 2010 www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  19. DIVIDEND / BONUS HISTORY Company issued One Bonus Share for Two Shares held by the shareholders on the record date i.e. 18.08.2006. www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  20. PRODUCT WISE REVENUES FOR THE LAST 6 YEARS (INR in Crore) www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  21. DOMESTIC AND EXPORT INCOME (INR in Crore) *Includes incentives www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  22. FINANCIAL HIGHLIGHTS – Q1FY11 RESULTS (INR In Crores) *Including Extraordinary Item www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  23. WORKING PERFORMANCE - LAST 4 YEARS (INR In Crores) *Including Extraordinary Item www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  24. BANSWARA SHARE PRICE V/S BSE SENSEX www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  25. AWARDS / ACHIEVEMENTS The company has got “Export Excellence” Award from the Rajasthan State Government for its export performance for the year 1993-94 and 1994-95, and also from 2005-06 to 2007-08 www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  26. STATUS OF THE PROJECTS UNDERTAKEN :- (A) Project under implementation:- a) Expansion, modernization and diversification project in textiles (Total Capital Cost Rs.60 Crores – Term Loan Sanctioned Rs. 48 Crores under TUF) This phase of expansion, modernization and diversification in textiles, spinning, dyeing, weaving, fabric processing and readymade garments have been completed in March 2010. b) 2nd Unit of 15/18 MW Captive Thermal Power Plant (Total Capital Cost Rs.50 Crores – Term Loan Sanctioned Rs. 30 Crores) The company has already placed the orders for all major parts/equipments like Turbine, Boiler, Water Softening Plant, construction contractors etc. The capital cost of the project at Rs.50 crores is less than Rs.3 Crores per MW. The commercial production will start from January 2011. The power generation through this Thermal Power Plant is mainly for internal consumption, however, if found surplus will be available for sale. The profit from this unit will be eligible for Tax holiday benefit for 10 years. (B) Further expansion and modernization project in textiles (Total capital cost Rs.40 Crores – Under TUF) The Board has approved further expansion and modernization in all the areas of its operation. It will add 7000 spindles, 64 looms, 12 lacs meters additional per month processing capacity, 1 suit line and 2 trouser lines in garmenting besides replacement of 24 looms. This project will be completed by October, 2010. www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  27. GLOBALTEXTILEINDUSTRY • Global textiles trade increased to US$ 583 bn in 2007 from US$ 334 bn in 1999 - CAGR of 7% • Global trade expected to grow to US$ 650 bn in 2010 • India bound to be key beneficiary of global textile trade due to • strong knowledge and capacity base, • competitive advantage of raw material, • unique strength in traditional handlooms & handicrafts & • A growing domestic demand • India market share of 4%, while China market share of 33% demonstrates tremendous scope for growth Textile basic need of every individual - Industry bound to subsist up to perpetuity & to grow with overall growth in GDP & per capita income www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  28. INVESTMENT CONSIDERATION • Rising Value Addition BSL is country’s one of biggest integrated textile manufacturer. We produce all types of fabric i.e. poly viscose, poly viscose lycra, 100% cotton and its mix, All wool and wool blends, linen etc. BSL is largest producer of PV Lycra fabric in the country. Our monthly production of this category of fabric is almost 3 times the production of rest of the producers in India. BSL offers complete package solution from fibre to the garments in all product range. It also commenced the production of technical textiles. BSL is also leader in new product development of yarn and fabrics. It has latest technology machines and testing laboratory. • Growth BSL is increasing its weaving capacity and almost doubling its garmenting capacity over the next 3 years besides growing yarn dyeing, cotton and wool dying. Its turnover is increasing almost 20% every year. • Opening up of New Markets Key Customers of the company are gradually finding their operations in the developed markets unviable and shifting their business to BSL. It has added many new customers of repute and size in last couple of years. • Consistent profits BSL is amongst the few companies, which stained in the textile downturn due to its integrated capacity, new product development and strong relationship with its key customers. BSL has consistently generated profits and has never restructured its debts alike many other companies in the textile sector. www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  29. MAJOR MILESTONES IN THE LAST 3 YEARS (Contd….) • Commencement of commercial production of • 15/18 MW captive thermal power plant. • Garment Unit at SEZ Surat. • Jackets at Garment factory at Daman • Commencement of trial production of furnishing fabrics in Jacquard Weaving Division. • The Company discontinued the labour job spinning contract with Banswara Fabrics Limited and taken over the workforce of BFL on its rolls. 2007-08 www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  30. MAJOR MILESTONES IN THE LAST 3 YEARS (Contd….) • Started Worsted Spinning Division to produce wool mixed yarns. • Commencement/ utilization of enhanced processing capacity from 16 lacs meters/month to 22 lacs meters/month. • Started additional lines for production of trousers and jackets at Surat SEZ Plant and Suits at Daman Plant. • Started production of Made-ups`/Décor at Banswara. • Started Cotton yarn dyeing at Banswara. • Developed world class fabric testing laboratory as per ISO, AATCC, ASTM, LS & Co., M & S etc. testing protocol.  The laboratory has successfully achieved accreditation of Levis & Co., Marks & Spencer and undergoing ISO 17025 NABL accreditation.  • Developed fabric designing section and created a garment studio at Mumbai for improvement in fabric and garment designs.  2008-09 www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  31. Company started production of technical fabric and jacquard technical fabric. Company added one more imported Italian make Stenter with other balancing/value adding machines to increase the fabric processing capacity up to 4 million meters a month. Board of Directors allotted 16.50 lacs warrants to persons other than promoters at a price of Rs.41/- per warrant. These warrant have been converted into equal number of Equity Shares by the Board of Directors of the company in its meeting held on 27th April, 2010. Purchased 18292 sq. ft. land and 18089 sq. ft. building constructed thereon at Daman to further expand the garment business of the Company. Board of Directors announced Rs. 1.50 per Share as interim dividend. The Company has taken up installation of 2nd unit of power plant and project for technical textile. Taking up further expansion of Weaving, Processing and Garmenting capacities and also modernization of its spinning division. Acquire office premises at company’s existing Mumbai office to take care of increase volume of company’s business. MAJOR MILESTONES IN THE LAST 3 YEARS (Contd….) 2009-10 www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  32. CORPORATE SOCIAL ENDEAVOURS “AWAAS SEVA SADAN “ Home away from home Awaas is a home for Senior Citizen  to Love in Dignity , Love and Affection with Community.  Awaas is Located in  Dongargaonwadi, Lonavala.  The Founder Trustee of Awaas Seva Sadan  Trust  is Owner of Gatt No.237, Vill. Dongargaonwadi, Lonavala Admeasuring about 3 acres.  Awaas Seva Sadan Trust developed and constructed 50 Room of approx. 200 Sq. ft. each with two Hall Approx. 1000 sq. ft. each, total built up are 19000 sq. ft.  It will have 50 Rooms (100% occupancy) with attached bath and cooking platform.  Rooms for residents is free of charge except maintenance expenses shared on a co-operative basis. All rooms are well furnished. "we would like to make life as enjoyable and as interesting as possible for retired and Elder Persons.“ R.L.Toshniwal (Founder Trustee) www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  33. ADDRESS Plant Offices • For Spinning/Weaving/Processing Capacity for production of yarn, fabric and Made-ups at :- Registered Office Industrial Area, Dahod Road, Banswara -327 001 (Raj) Phone : +91-2962-257676-681 Fax : +91-2962-240692 Industrial Area, Dahod Road, Banswara -327 001 (Raj) Phone : +91-2962-257676-681 Fax : +91-2962-240692 • For Readymade Garments (Trousers & Jackets) at: Head/Marketing Office 98/3, Village Kadaiya, Nani Daman, Daman – 396210 (U.T.) Survey No. 713/1, 713/2, 713/3, 725/2 & 725/1, Village Dabhel, Nani Daman, Daman-394 215 (U.T.) Survey No 722/9 Village Dabhel, Nani Daman Daman-394215 (U.T.) Plot No. 5-6, G.I.D.C., Apparel Park, SEZ Sachin, Surat – 394 230 (Gujarat) 5th Floor, Gopal Bhawan, 199, Princess Street, Mumbai – 02 Phone : (022) 66336571-75Fax : (022) 22064486 Delhi Office Flat No. 204, E-2, A.R.A. Centre, Jhandewalan Extn., Delhi-55 Phone : (011) 23676124, 23676948 www.banswarasyntex.com BANSWARA SYNTEX LIMITED

  34. Administrative Block Thermal Power Plant Spinning Unit Surat SEZ Unit

  35. Design Studio Quality Testing Laboratory Finished Fabric Inspection Three Layer-Technical Fabric

  36. For further details, please contact: Mr. J. K. Jain Sr. V. P. (F&C) & Company Secretary Banswara Syntex Limited Email: jkjain@banswarafabrics.com Web : www.banswarasyntex.com Phone : +91-2962-257676-681 (Ext. 4304) Fax : +91-2962-240692

More Related