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Presentation for the Year 2020

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Presentation for the Year 2020 Nishat Mills Limited CORPORATE BRIEFING 2020 26 NOVEMBER 2020 Contents ▪Group Profile ▪Company Profile ▪Financial Review ▪Future Outlook Nishat Group •One of the largest and leading business house in Pakistan •Presence in Textile, Cement, Banking, Insurance, Power Generation, Hotel Business, Agriculture, Dairy, Real Estate, Aviation, Paper Products, and automobile •Assets over Rupees 2,100 billion •Provides direct employment to around 43,000 persons •Seven Companies are listed on Pakistan Stock Exchange •Has played an important role in the industrial development of Pakistan Nishat Group • Nishat Mills Limited • Nishat Power Limited • Nishat Linen (Pvt) Limited Textile Energy • Lalpir Power Limited • Nishat Linen Trading LLC • Pakgen Power Limited • Nishat International FZE • Nishat USA Inc. • Nishat Global China Company Limited • MCB Bank Limited Cement Banking • DG Khan Cement Company Limited • MCB Islamic Bank Limited • Nishat Developers (Pvt) Limited • Nishat Real Estate Development Co. (Pvt) Nishat Limited • Nishat Paper Products Company Limited Paper Real Estate Products • Emporium Properties (Pvt) Limited Group • Golf View Land (Pvt) Limited • Nishat Dairy (Private) Limited • Adamjee Insurance Co. Limited • Nishat Sutas Dairy Limited Agriculture • Security General Insurance Co. Limited • Nishat Agriculture Farming (Pvt) Limited Insurance & Dairy • Adamjee Life Assurance Company Limited • Nishat Agrotech (Pvt) Limited • Nishat Commodities (Pvt) Limited Automobile • Nishat Hotels and Properties Limited • Nishat Hospitality (Pvt) Limited • Nishat (Aziz Avenue) Hotels and Properties • Pakistan Aviators and Aviation (Pvt) Aviation Hospitality Limited Limited • Hyundai Nishat Motor and Hotels • Nishat (Raiwind) Hotels and Properties (Pvt) Limited Limited Company Profile Introduction •Commenced its business as a partnership firm in 1951 •Incorporated as a private limited company in 1959 •Listed on Karachi Stock Exchange on 27 November, 1961 •Largest vertically integrated mill in Pakistan •Production facilities of spinning, weaving, processing, stitching, towel and power generation •34 manufacturing units located at Faisalabad, Sheikhupura, Ferozewatwan and Lahore •Established its own power generation facilities at all plant locations •Provides employment to around 18,500 individuals Company Profile Introduction Vision To be and remain industry lead by safeguarding Statement stakeholders’ interest, serving community and playing a meaningful role in the economy of Pakistan. Mission To increase financial returns by pursuing sustainable Statement business, producing the best quality products and providing excellent customer services while adopting best practices. Company Profile Core Values Novelty Integrity Sustainability Humbleness Accountability Trust Company Profile Board of Directors Board of Directors • Mian Umer Mansha Chief Executive Officer • Mian Hassan Mansha Chairman • Syed Zahid Hussain Director • Mr. Mahmood Akhtar Director • Mr. Farid Noor Ali Fazal Director • Mrs. Sara Aqeel Director • Mrs. Mehak Adil Director Audit Committee • Mrs. Mehak Adil Chairperson / Member • Syed Zahid Hussain Member • Mr. Mahmood Akhtar Member HR & R Committee • Mrs. Sara Aqeel Chairperson / Member • Mian Umer Mansha Member • Mr. Mahmood Akhtar Member Company Profile Market and Products Sales breakup – market wise Sales breakup – product wise Garments Yarn and Comber Noil Local 11% 15% 25% Made Ups 18% Grey Cloth 28% Export 75% Processed Cloth 28% 57% value added products Company Profile Business Segments Spinning Weaving Dyeing Home Textile Terry Garments Power • Production • Production • Dyeing • Processing • Production • Production • Generation capacity of capacity of capacity of capacity of capacity of capacity of and 86.111 289.273 52.856 60 million 3,000 tons 8.4 million distribution of power million kgs million million meters of towel per garments using gas, of yarn per square meters of fabric per annum. per furnace oil, annum. meters of fabric per annum. annum. diesel, steam, Capacity fabric per annum. Capacity Capacity solar and utilization annum. Capacity utilization utilization coal. 76.03%. Capacity utilization 85.78%. 66%. • Built-in utilization 81.19%. power 95.23%. generation capacity of 138 MW. Capacity utilization 49.37%. Company Profile Business Segments Home Spinning Weaving Dyeing Terry Garments Power Textile 2 Thermosol dyeing 242,832 machines 24 looms spindles 3 Rotary 3 printing 1,661 790 machines 8 power Thermosol 5 dyeing stitching looms dyeing 10 Digital machines plants machines printing machines 3,000 machines 49 roters 1,686 stitching stitching machines machines Company Profile Investment Portfolio Holding No. of shares held on Market / fair value Cost as on 30 June Sr. Company Relationship Percentage 30 June 2020 on 30 June 2020 2020 ….. Rupees in thousand ….. 1 Nishat Power Limited Subsidiary 51.01 180,632,955 1,806,329 1,806,329 2 Nishat Linen Trading LLC Subsidiary 100 10,000 259,403 259,403 3 Nishat Linen (Private) Limited Subsidiary 100 1,067,913 261,603 261,603 4 Nishat USA Incorporation Subsidiary 100 200 3,547 3,547 5 Nishat Hospitality (Private) Limited Subsidiary 100 169,999,901 1,699,999 1,699,999 6 Nishat International FZE Subsidiary 100 18 501,112 501,112 7 Nishat Commodities (Private) limited Subsidiary 100 1,000 10 10 8 Hyundai Nishat Motor (Private) Limited Associated 12 89,700,000 1,094,340 897,000 9 DG Khan Cement Company Limited Associated 31.4 137,574,201 11,739,207 3,418,145 10 Nishat Paper Products Company Limited Associated 25 11,634,199 549,483 106,802 11 Lalpir Power Limited Associated 28.8 109,393,555 1,276,623 1,640,306 12 Pakgen Power Limited Associated 27.55 102,524,728 1,231,322 1,272,194 13 Nishat Dairy (Private) Limited Associated 12.24 60,000,000 375,600 496,200 14 Nishat Hotels and Properties Limited Associated 7.4 74,022,917 1,032,620 740,229 15 Nishat Sutas Dairy Limited Associated 34.46 16,630,000 166,300 166,300 16 Adamjee Insurance Company Limited Related Co. 0.03 102,809 3,404 2,116 17 MCB Bank Limited Related Co. 7.43 88,015,291 14,264,638 10,208,262 18 Nishat (Chunian) Limited Related Co. 13.61 32,689,338 1,060,769 378,955 19 Security General Insurance Company Limited Related Co. 15.02 10,226,244 590,975 11,188 20 Pakistan Petroleum Limited Investee 0.02 599,998 52,067 64,409 21 Alhamra Islamic Stock Fund Investee - 1,121,410 9,723 3,135 Total investments 37,979,074 23,937,244 Financial Review Variance Analysis of Profit after Tax Financial Review Revenue 70,000 63,499 60,904 60,000 53,729 49,248 50,000 47,999 40,000 30,000 Rupees Rupees in million 20,000 10,000 0 2016 2017 2018 2019 2020 Financial Review Gross Profit and Profit after Tax Ratio Gross profit ratio Profit after tax ratio 14% 13.00% 12% 12.06% 11.95% 10.92% 10% 10.26% 10.33% 9.23% 8.65% Percentage 8% 7.63% 6% 5.76% 4% 2% 0% 2016 2017 2018 2019 2020 Financial Review Gross Profit and Profit after Tax Gross Profit Profit after Tax 9,000 8,000 7,657 7,276 7,000 6,239 5,859 6,000 5,380 5,550 4,923 5,000 4,262 4,097 Rupees in million Rupees 4,000 3506 3,000 2,000 1,000 0 2016 2017 2018 2019 2020 Financial Review Dividend Payout and Dividend Yield Dividend Payout Dividend Yield 45 41.24 40 40.77 40.12 35 35.71 30 Percentage 25 24.01 20 15 10 5 4.63 4.29 5.13 3.15 3.37 0 2016 2017 2018 2019 2020 Financial Review Earning per Share and Dividend per Share Earnings per share Dividend per share 18 16.66 16 14.00 14 12.12 11.65 12 9.97 10 Rupees 8 6 5.00 5.00 4.75 4.00 4.00 4 2 0 2016 2017 2018 2019 2020 Financial Review Current Ratio 1.60 1.37 1.36 1.40 1.32 1.28 1.26 1.20 1.00 0.80 Times 0.60 0.40 0.20 0.00 2016 2017 2018 2019 2020 Financial Review Share Price Analysis Market price Break-up Value 300 252.45 250 233.66 215.34 203.15 189.46 Rupees 200 158.68 150 140.92 107.90 100 93.34 78.01 50 0 2016 2017 2018 2019 2020 Financial Review Total Assets 120,000 117,530 115,000 110,661 110,000 106,599 105,000 102,736 100,545 Rupees Rupees in million 100,000 95,000 90,000 2016 2017 2018 2019 2020 Future Outlook Covid-19 Pandemic Bulk buying of cotton and fabric Textile Policy 2020-25 Investment in Hyundai Nishat Motor (Private) Limited Investment in Nishat Sutas Dairy Limited Questions & Answers Thank you.
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