Corporate Presentation I 2021 Lux Industries Limited

Total Page:16

File Type:pdf, Size:1020Kb

Corporate Presentation I 2021 Lux Industries Limited LUX INDUSTRIES LIMITED CORPORATE PRESENTATION I 2021 WHAT’S INSIDE ESG Fast-track progress 03 ESG 18 Strengths 25 Financials 04 CSR 19 Manufacturing 26 Leadership Profile 20 New Markets 28 Management 21 Multi- Channel Footprint 30 New Venture 22 Branding 31 Transforming into a New Lux 24 Digitalisation Corporate identity 06 At a glance 07 Milestone 08 Product Portfolio 10 Merger Performance 11 Presence 12 Export presence 33 Financial performance 13 Governance Sustainability Opportunities 43 Environment 16 Opportunity landscape 44 Sustainability 45 CSR ESG ESG ▪ Collaborated with Churchgate Partners to implement ESG ▪ Provide more transparency in disclosures regarding Environment, Social and Governance related issues ▪ Guided by the principles to make a difference in society by giving back in equal measures ▪ Recognizing the need for sustained progress of society to pursue long-term goals that are beneficial for the community View ESG details of Lux Industries Lux Industries Limited 03 CSR Supporting economically Addressing environment Supporting 180+ elderly Focusing on animal welfare backward people sustainability people benefiting 500+ cows Making available safe Promotion of traditional drinking water benefiting art & culture 1 lakh+ people Annual CSR expenditure Trees planted in 35-40 acres of land Lux Industries Limited 04 06 At a glance 07 Milestone 08 Product Portfolio 10 Merger 11 Presence 12 Export presence 13 Governance CORPORATE AT A GLANCE ENSURING EVERYDAY COMFORT FOR DECADES Lux group as a merged entity Unique in its value proposition Leadership Scale Indian innerwear Combined revenue Garment pieces; Retailer network across Country export presence company from operations manufacturing capacity India (volume terms) across 7 state-of-the-art plants Prominence Share in organised Fill rate against industry Employees SKUs; among industry’s Products spanning men's innerwear market average of 80% largest innerwear ranges innerwear, athleisure wear categories Lux Industries Limited 06 MILESTONE Shri. Giridhari Lal Todi Shares listed on • Commissioned Eastern Merger of J.M. Hosiery and Ebell founded Biswanath Hosiery the BSE and NSE India’s largest hosiery Fashions with Lux Industries Mills product manufacturing plant in Dankuni Comfort partner for IPL • Became Kolkata Knight • Launched India's first scented Export commenced across teams (Kings XI Punjab & Riders’ primary sponsor vest Lux Cozi the Middle East, Africa Pune Warriors India) • Launched One8 brand and Europe • Varun Dhawan roped Shah Rukh Khan became in as brand ambassador • Amitabh Bachchan onboarded Lux Industries Limited was brand ambassador for ONN as brand ambassador incorporated as a Public • Lux Cozi Her, innerwear Limited Company range for women, • Lux Classic & Lux Venus Classic launched relaunched IPO launched- oversubscribed 4 times Lux Industries Limited 07 PRODUCT PORTFOLIO Winter Categories Prominent brands **Total Revenue Wear in ₹ Cr Premium ₹ Cr Semi- premium ₹ Cr Economy Others ₹ Cr Presence across price segments helps the Company cater to a wide customer base and fast-track growth * Includes complete winterwear sale including Lux Cottswool ** Note : Net sales revenue of 2020-21 Lux Industries Limited 08 PRODUCT PORTFOLIO *Total Revenue Margin Prominent brands in ₹ Cr 18-21% 13-17% Upto 12% Others Presence across price segments helps the Company cater to a wide customer base and fast-track growth *Note : Net sales revenue of 2020-21 Lux Industries Limited 09 MERGER Group companies – Ebell Fashions Private Limited (brand Lyra) and EPS in FY21 (post-merger) J.M. Hosiery and Co Limited (brand Genx) merged with Lux Industries Limited EPS in FY20 (pre-merger) Benefits of the Merger ▪ Market growth ▪ EPS accretive Shares of Lux (pre-merger state) ▪ Expand product portfolio ▪ Expand into newer markets and segments ▪ Strong positioning Shares issued pursuant to ▪ Enhanced margins scheme of merger and application made to BSE & NSE for listing of shares. Lux Industries Limited 10 PRESENCE WIDENING AND DEEPENING REACH 1,150+ dealers' Available in 2 lakh+ multi- Stronger e-retail platform 12 Depots drive faster network brand stores and 11 EBOs presence distribution in India Strategically located Exclusive brand outlets manufacturing units (target by FY22) (West Bengal, Punjab, Tamil Nadu and Uttar Pradesh) to address growing markets Sales teams drive offtake Warehouses (12 states) Lux Industries Limited 11 EXPORT PRESENCE Kuwait Saudi Qatar Market traction in Germany Arabia Bahrain UAE Star Export House Oman recognition by tropical countries Chad Sudan Nepal Mali Jordan Government of India (including GCC Myanmar Niger region and Africa) Thailand Algeria Nigeria Morocco Benin Hong Kong Burkina Faso Geography-wise sales Senegal Gambia Yemen Bissau Panama Malaysia New countries added in Guinea Djibouti Sri Lanka past 5 years Cote d’Ivoire Togo Ghana Ethiopia Indonesia Gabon Kenya Domestic Uganda Angola Country-wide presence Cameroon Congo South Africa Singapore Republic of Congo and Democratic Australia Exports Republic of Congo. Targeted country-presence by 2025 Lux Industries Limited 12 GOVERNANCE Shareholding pattern 31.3.21 Experienced Board Strong Management Team Restructured business 22.42 • Promoter-Directors with 24 years of • Inducted several new members in the processes average industry experience; expertise- past two years Sales & Marketing, Brand Promotion, • New members include: Product Development, Board service & Nischal Puri, a hosiery industry veteran as 4.78 Governance the Director, Operations in Artimas 3.29 Enhanced IT investments • Independent Directors with expertise in Fashions Pvt. Ltd. (Subsidiary of Lux) 69.51 Accounting & Finance, Legal, Printing Saurabh Bhudolia – CFO and Packaging Jitendra Shah – VP, Finance Sagar Shah – Head, EBO and others Promoter FII DII Public Industry-specific • Inducted E&Y as Internal Auditor expertise Growing Trust • Inducted Economic Laws Practice (ELP) as Compliance Consultant • Marquee investors like Jupiter India Fund, Share of Independent Kotak Mutual Funds, Abakkus Growth • S.K. Agarwal and Co. is the Directors on Board Robust governance Statutory Auditor; planning to Fund and Life Insurance Corporation of India, among others induct a Big 4 in next 12-18 months • Covered by key research and brokerage houses such as Anand Rathi, SMIFS, B&K Securities Women Independent Directors Lux Industries Limited 13 GOVERNANCE Robust risk-management ▪ No duplications framework ▪ Minimal manual Procure interventions to Pay IT General Inventory Controls & Management Regulatory Compliance Organisation-wide Execution excellence accountability through: Inbound & Well-defined Human Outbound ▪ Resources Digital capability Logistics process ▪ Streamlined processes Process to be fully ▪ Higher transparency Finance and streamlined by Production Accounts & 2021-22 Fixed Assets Order to Cash Lux Industries Limited 14 16 Opportunity landscape LUX’S RESPONSE Strong distribution channel Employee workforce Longstanding dealer relationship Near-term investment to augment production through internal accrual Price range of products Existing market share in men's Cash balance Districts-presence in India innerwear Additional revenue generation potential through proposed expansion Lux industries Dankuni factory Lux Industries Limited 16 18 Strengths 19 Manufacturing 20 New Markets 21 Multi- Channel Footprint 22 Branding 24 Digitalisation 25 Financials 26 Leadership Profile 28 Management 30 New Venture 31 Transforming into a New Lux F AST - TRACK STRENGTHS Expansion: Foraying into new segments Technology: Augmenting digital and geographies and expanding multi- capability with investments in channel footprint automation (SAP Hana) for enhanced operational control Expansion Technology Integration: Capitalising on synergies through merger with J.M. Hosiery Efficiency: Presence across and Ebell Fashions value-chain and scale driving Lux value organisation-wide efficiency Quality: Creating new benchmarks system for quality and comfort Integration Efficiency Quality Lux Industries Limited 18 MANUFACTURING Yarn Present in yarn sourcing Flexible core manufacturing till packaging process Manufacturing Key focus areas: quality, cost Completed upgradation and Process effectiveness and innovation replacement of old equipment Cutting Investment on cutting Garment pieces manufactured machines from Italy, every year Note *Outsourced to job workers with strong company control Germany, and Singapore Lux Industries Limited 19 NEW MARKETS Domestic Sales (%) Share of revenues from value, From a innerwear pureplay Focus on premium semi-premium and premium to a mix of athleisure and innerwear range: 21 18 products category of FY21 outerwear player Current Market share – Revenue share Amount % Volume % ₹228 Crore in FY21 3 Expected Market Share – Premium 12 9 Unique socks, innerwear ₹500 Crore in FY25 28 Sub Premium 57 41 and sleepwear collection 30 for One8, globally Central East North Economy 31 50 South West Foray into 46 countries; grow exports revenue by Expanding EBITDA margin (%) Share of revenues from value, Foray into southern 60% in five years 20 semi-premium and premium region of India 16 products category of Q4 FY21 Revenue share Amount % Volume % Enter female (innerwear Premium 13 10 and outerwear) and kids Sub Premium 53 41 segment Economy 34 49 FY20 FY21 Lux Industries Limited 20 MULTI-CHANNEL FOOTPRINT ▪ Growing wholesale Adopting investment-light # market presence FOFO model Dealer attrition ▪ Association with 1,150+ dealers with focused
Recommended publications
  • Lux Cozi Joins Kolkata Knight Riders Squad by : INVC Team Published on : 27 Mar, 2017 08:18 PM IST
    Lux Cozi joins Kolkata Knight Riders squad By : INVC Team Published On : 27 Mar, 2017 08:18 PM IST INVC NEWS Chandigarh, LUX Industries Limited, (BSE: 539542 | NSE: LUXIND) known for its innovative and customer-demand driven product offerings, manufacturing more than 100 products across 12 major brands comprising a complete range of innerwear for men, women, and children today announced that their flagship brand Lux Cozi will be one of the official sponsors and the only merchandised partner for two time IPL champions Kolkata Knight Riders for the upcoming edition of the league followed by next year. Lux Cozi is also the only merchandising partner of IPL and KKR is the only team to have a merchandised partner. The brand looks forward to strike a strategic deal satiating the sports frenzy consumers to buy the real, high quality merchandised jerseys. Speaking about the association, Mr. Udit Todi, Senior Vice President, Lux Industries Ltd. said, “It is a matter of great pride for Lux Industries to be a part of the Indian Premier League extravaganza with our flagship brand Lux Cozi. Brand Lux Cozi is strategically focussing on reaching out to the masses. KKR is a team par excellence and we believe our association will help our brand reach more discerning customers and every nook and corner of the country with IPL. We wish team KKR the very best for the season and look forward to see the team perform on field with unyielding passion to bring in happiness and joy for all cricket fans of Kolkata.” Elaborating on the association, Mr.
    [Show full text]
  • Lux Industries Ltd
    D*. 2@ September, 2Oq7 Respected SirNadam, Snb: Smbmission of Annod Report In compliance with Regulation 34(1) of the SEBI (Listing Obligatibns and Disclosure Requirements) ReguIatia 2015, fmd enclosed herewith a copy of approved Annud Report foe the financial ear ended 31* March, 2017. T-ldhgYou Yours fa WIy, For LUXlNDU.WED &;I.a N:rh* Smita Wra (Company Secretary CompIiance Officer) M.No: A26489 Encla as above - r. I :LUX INDUSTRIES LTD . -PS srljan Tech - Park, rWt W, DH -52, Sector - Y, Saltlake, Mlmta 700 091 India. P 91-33.- 22% F: 31-33-4001 MOI, E: ir#o@lwrlnnarvvear.~om . I Regd. Mkc-39GN &F&& $&re Sheet, Wkata - 700 007, India, P: 91-33-2259 8155, Website: rn#w.lmlnnerwear.com e CIM :U~lggS~lCM~053 PASSION MEETS FASHION THE RESULT IS ONE OF INDIA’S MOST PROFITABLE FASHION HOSIERY COMPANIES ANNUAL REPORT 2016-17 ONE OF INDIA’S MOST PROFITABLE FASHION HOSIERY COMPANIES* THE YEAR 2016-17 WAS ONE OF THE MOST CHALLENGING. DEMONETISATION. SLUGGISH CONSUMER SENTIMENT. INCREASED COMPETITION. THE WORST OF TIMES FOR MOST. THE BEST OF TIMES AT LUX. REVENUES INCREASED 3.37%; PROFIT AFTER TAX STRENGTHENED 22.42%. There is something to be said about a company that reports profitable growth when the pessimists are describing it as a year not worth remembering. * Includes innerwear and outerwear products LUX. MORE THAN A COMPANY; MORE THAN PRODUCTS; A BRAND THAT STANDS FOR A A QUALITY ASSURANCE OF THE PIONEERING COMMITMENT IN THE BEST MANUFACTURING AND FASHION HOSIERY SECTOR. QUALITY STANDARDS. About us Our Vision Our core values Brands Manufacturing Location No.
    [Show full text]
  • LUXIND 25082018165504 Lux
    BOLD NESSIS EVERYTHING LUX INDUSTRIES LTD | ANNUAL REPORT 2017-18 Lux Industries’ value-creation CONTENTS paradigm 38 10 things you need The to know about Lux Management’s Industries review, 2017-18 04 30 Chairman’s overview Boldness pays 26 10 Our report card 24 Our business model 34 Our integrated report 36 Our strategic mergers 40 Pushing the marketing and branding frontier 42 Balance sheet robustness 44 Our products 45 Corporate Social Responsibility 46 Board of Directors 47 Directors’ Report 50 Financial section 118 FORWARD LOOKING STATEMENT: In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our prospects and take investment decisions. This report and other statements - written and oral – that we periodically make contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in assumptions. The achievements of results are subject to risks, uncertainties, and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated, or projected. Readers should keep this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. BOLDNESS IS EVERYTHING When the world said, ‘You would do very good to match the overall sector’s growth rate,’ Lux reported growth that was more than the Indian hosiery textile sector’s growth for 2017-18.
    [Show full text]
  • Indian Premier League and Its Impact on India
    www.ijcrt.org © 2020 IJCRT | Volume 8, Issue 4 April 2020 | ISSN: 2320-2882 INDIAN PREMIER LEAGUE AND ITS IMPACT ON INDIA 1Ajinkya Sawant, 2Ajinkya Khadse, 3Akshay Pidurkar, 4Kunal Kshirsagar Students of MBA program Department of Marketing management MIT School of Management, Pune, India 5Priyanka Kokatnur Faculty of MBA program Department of Marketing management MIT School of Management, Pune, India Abstract: This study has been undertaken to know the emergence of Indian Premier League in India. Cricket is the most favorite sport in India and its impact on Indian economy is huge. This paper focuses on the introduction of IPL, types on investment in it, the growth phase, brand crises, economic impact of IPL on different sector in India, contribution to GDP and finally new trends in India because of it. Index Terms – Indian Premier League (IPL), Cricket, Twenty20, ICC. 1. INTRODUCTION The history of cricket in India is very old. The first ever cricket match played in India was in 1864 between Madras and Calcutta. Britishers (East India company) introduced cricket in India. And as the time passes it became the most popular sport in India. People celebrate cricket as a festival and treat the players like God. The moment when it became popular in India. 1983 “World Cup” where India defeated two-time world cup holder team West Indies in final and claim the title. Kapil Dev was the captain of Indian team. 2007 “T-twenty World Cup” where India defeated Pakistan and won first ever T-twenty world cup. M.S.Dhoni was leading the team. 2011 “World Cup” where India defeated Sri Lanka and won Second world cup for India.
    [Show full text]
  • Introduction
    SYNOPSIS It is a known fact that the best endorsements achieve an eclectic balance between the product (brand) and the celebrity. Giving a brand a 'face' is more than just a marketing strategy to increase sales or gain market share, it is a decision that can change the future of the brand forever. Choice of the celebrity, hence, is of utmost importance and is usually done based on many different parameters - appeal, looks, popularity or even just a fantasy figure to endorse a brand. In today's highly competitive markets, big brands are at logger-heads when it comes to products, each having a similar product to that of a rival. Where does one brand gain that quintessential advantage - advertising, service, promise of trust, or even the all important price factors? Advertising seems to be the best platform where brands prefer to compete on - right from hiring the best advertising agencies to getting the biggest celebrities. What would be the formula to success then? Well, a good creative agency, a large enough promotional budget and a huge star to endorse your brand would definitely ensure in the minds of a brand management team a feeling of security, success and a triumph over the competitors brand. The general belief among advertisers is that brand communication messages delivered by celebrities and famous personalities generate a higher appeal, attention and recall than those executed by non-celebrities. The quick message-reach and impact are all too essential in today's highly competitive environment. The different models applied by brands to achieve the full potential of such endorsements, highlight the need for a convergence between the theoretical and pragmatic approaches of brand building and effective advertising.
    [Show full text]
  • Lux Industries Ltd Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
    +44 20 8123 2220 [email protected] Lux Industries Ltd Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis https://marketpublishers.com/r/LFVKDZB8V4EN.html Date: September 2021 Pages: 50 Price: US$ 499.00 (Single User License) ID: LFVKDZB8V4EN Abstracts Lux Industries Ltd Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Lux Industries Ltd and its competitors. This provides our Clients with a clear understanding of Lux Industries Ltd position in the Apparel/Accessories Industry. The report contains detailed information about Lux Industries Ltd that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history. Another part of the report is a SWOT-analysis carried out for Lux Industries Ltd. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it. The Lux Industries Ltd financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long- Lux Industries Ltd Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis +44 20 8123 2220 [email protected] term solvency.
    [Show full text]
  • Lux Industries
    Retail India I Equities Initiating Coverage 16 March 2021 Lux Industries Rating: Buy Target Price: Rs.2,574 Branded play, merger to augment potential; initiating, with a Buy Share Price: Rs.1,710 With its healthy growth trajectory, we are upbeat on Lux’s long-term growth prospects for its strong brand equity, long-standing operations in innerwear and new launches. Its extension to casual wear and Key data LUX IN / LUXI.BO women’s wear via the proposed merger would unlock synergies that Rs1900 / 813 52-week high / low would further propel growth. We initiate coverage on Lux Industries Sensex / Nifty 50364 / 14910 with a Buy rating and a TP of Rs2,574, based on 30x FY23e EPS of 3-m average volume $1.2m Rs85.80. Market cap Rs43bn / $595.2m Investment in creating strong brands. Through its 16 home-grown brands Shares outstanding 25m (incl. GenX and Lyra), Lux has created strong brands in economy and mid- premium innerwear. It has launched several products and sub-brands through theLeading years playerand effectively in val marketed them. It spends 7-8% of its revenues on Shareholding pattern (%) Dec'20 Sep'20 Jun'20 brand-building. Consistent efforts in branding and marketing have helped Promoters 69.5 69.5 69.5 create strong brand equity, leading to customer stickiness. - of which, Pledged --- Increasing focus on premiumisation. Levering its expertise and superior Free Float 30.5 30.5 30.5 product knowhow and intending to upgrade customers to premium products, - Foreign Institutions 3.4 3.6 4.0 it started focusing on increasing the proportion of premium products and - Domestic Institutions 4.5 4.5 4.2 - Public 22.6 22.4 22.3 launching higher ASP brands and products.
    [Show full text]
  • IS EVERYTHING LUX INDUSTRIES LTD | ANNUAL REPORT 2017-18 Lux Industries’ Value-Creation CONTENTS Paradigm 38
    BOLD NESSIS EVERYTHING LUX INDUSTRIES LTD | ANNUAL REPORT 2017-18 Lux Industries’ value-creation CONTENTS paradigm 38 10 things you need The to know about Lux Management’s Industries review, 2017-18 04 30 Chairman’s overview Boldness pays 26 10 Our report card 24 Our business model 34 Our integrated report 36 Our strategic mergers 40 Pushing the marketing and branding frontier 42 Balance sheet robustness 44 Our products 45 Corporate Social Responsibility 46 Board of Directors 47 Directors’ Report 50 Financial section 118 FORWARD LOOKING STATEMENT: In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our prospects and take investment decisions. This report and other statements - written and oral – that we periodically make contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in assumptions. The achievements of results are subject to risks, uncertainties, and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated, or projected. Readers should keep this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. BOLDNESS IS EVERYTHING When the world said, ‘You would do very good to match the overall sector’s growth rate,’ Lux reported growth that was more than the Indian hosiery textile sector’s growth for 2017-18.
    [Show full text]
  • Shah Rukh Khan Vs Aamir Khan: Who Is the Better Marketer?
    510-091-1 Shah Rukh Khan vs Aamir Khan: Who is the Better Marketer? No one doubts the celebrity or endorsement power of Bollywood’s Badshahs – Shah Rukh Khan (Shah Rukh) and Aamir Khan (Aamir). What started as a professional rivalry is also getting played out in the brands endorsed by them, making it a keenly-watched and most-talked about celebrity war. However, the most intriguing question doing rounds, both in Bollywood as well as corporate world, these days is: who is the better marketer – Shah Rukh or Aamir? While some thank them for having set in motion refreshingly new brand of Indian film marketing with their exquisite marketing blitzkrieg, many still wonder who would be a better marketer – both for their home productions’ movies, their respective business ventures as well for as their movies. Business Today reported on the scaling up of an entertainment conglomerate by Shah Rukh – consisting of the segments ranging from film-making and visual effects to television commercials and cricket. Highlighting Aamir as ‘a marketing genius’, it stated, “films are his bread and butter, and endorsements his jam.Aamir Khan, in contrast to SRK, has fewer irons in the fire but he’s as effective”.1 How both of them invented elaborate mental construct to manage the stardom in the backdrop of Bollywood’s transformation since early 1990s, sounds interesting. Film Promotion: Scripted by Hollywood, Executed by Bollywood Bollywood movies, prior to 1990s, were marketed and promoted by distributors through traditional means such as television, radio and paid advertisement in print media. However, rapid commercialisation of movies and advent of online media platforms through the 1990s and first decade of the new millennium have augmented the traditional methods of movie promotion and marketing.
    [Show full text]
  • TERMS of USE Lux Industries Limited Website Terms of Use
    TERMS OF USE Lux Industries Limited Website Terms Of Use The content of the pages of this website is for your general information and use only. It is subject to change without notice. Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on this website for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law. Your use of any information or materials on this website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through this website meet your specific requirements. This website contains material which is owned by or licensed to us. This material includes, but is not limited to, the design, layout, look, appearance and graphics. Reproduction is prohibited other than in accordance with the copyright notice, which forms part of these terms and conditions. All trademarks reproduced in this website which are not the property of, or licensed to, the operator are acknowledged on the website. Unauthorised use of this website may give rise to a claim for damages and/or be a criminal offence as per the applicable/appropriate laws of The Republic of India. From time to time this website may also include links to other websites. These links are provided for your convenience to provide further information.
    [Show full text]
  • How Our Innate Instincts and Insights Has Enabled Us to Weave a Story of Success
    How our innate instincts and insights has enabled us to weave a story of success. Lux Industries Limited Corporate office: PS Srijan Tech-Park, 10th Floor, DN-52, Sector-V, Salt Lake, Kolkata-700 091 Lux Industries Limited P +91 33 4040 2121 F +91 33 4040 2001 21st Annual Report 2015-16 E [email protected] W luxinnerwear.com At Lux Industries Limited, we have built our business on common sense. Caution regarding forward-looking statements Contents Sense that is This document contains statements about expected Lux Industries. About us : Statement from uncommon, future events and financial and Our 10 Lux Industries the Chairman operating results of Lux 02 commandments 04 Limited 06 Industries Limited, which are unconventional and unrestrained. forward-looking. By their nature, 10 financial 10 minutes with 10 forward-looking statements metrics that the Managing Commandments Combining our deep homegrown require the Company to make make a statement Director assumptions and are subject to 08 12 16 inherent risks and uncertainties. instincts with generations of There is significant risk that the Our competitive Brand activations, Board of assumptions, predictions and drivers 2015-16 Directors other forward-looking 36 38 40 rich business insights, we have statements will not prove to be accurate. Readers are cautioned Management Report on Directors’ Report formulated some well-structured not to place undue reliance on Discussion and Corporate Analysis Governance forward-looking statements as 42 52 57 a number of factors could cause business principles that have assumptions, actual future Statement results and events to differ Auditors’ Report Balance Sheet of Profit and Loss enabled our enterprise to rise materially from those expressed 88 94 95 in the forward-looking statements.
    [Show full text]
  • Lux Industries Ltd
    Initiating Coverage |Textile 01 Nov 2018 Radhika Modi - Assistant Research Analyst ([email protected]); 0261-6725518 Investors are advised to refer through important disclosures made at the last page of the Research Report. Jainam Share Consultant research is available on www.jainam.in 1 Jainam share Consultant Pvt Ltd. Sector : Textile Index A. Company Overview 1. About…………………………………………………………………………..4 2. Investment Rationale………………………………………………………….5 3. Risk……………………………………………………………………………..7 4. Brief Conclusion………………………………………………………………..7 B. Industry Overview 1. Indian Innerwear Industry……………….……………………………………8 2. Men innerwear Market………………………………………………………..9 3. Women innerwear Market…………………………………………………..10 4. Growth Drivers……………………………………………………………….11 C. Business of the Company 1. Presence of the Company………………………………………………………………………….12 2. Milestones………………………………………………………………………………………………..13 3. Business Process……………………………………………………………………………………….14 4. Product and Segment………………………………………………………………………..………15 5. Brand………………………………………………………………………………………………………..16 6. Brand Ambassador…………………………………………………………………………………….17 7. Merger………………………………………………………………………………………………………18 8. Top Shareholders……………………………………………………………………………………...20 9. Management…………………………………………………………………………………………….21 D. Financial Outlook 1. Profit & Loss……………………………………………………….…………………………………….22 2. Ratio…………………………………………………………………………………………………………23 3. Balance Sheet……………………………………………………………………………………………24 4. Cash Flow Statement…………………………………………………………………………………24 5. Half-Yearly Update……………………………………………………………25
    [Show full text]