ELAHI COTTON MILLS LIMITED Corporate Briefing For the
ELAHI COTTON MILLS LIMITED Corporate Briefing For the Year Ended June 30, 2019
Presentation Outlines Company Brief 1 Financial Details 2 Strategic/Operational Developments 3 4 Question/Answer Session
Company Brief
History Management Team Location Vision Mission Legal Structure
Financial Details
ELAHI COTTON MILLS LIMITED 2019 VS 2018 2019 2018 Sales Revenue (Rs in Million) Operating Profit (Rs in Million) 503. 031 395. 284 Profit After Tax (Rs in Million) 13. 000 5. 313 EPS (Rs/Share) 0. 716 3. 939 Paid up Capital (Rs in Million) 5. 645 13. 000 0. 55 3. 03 Return on Equity (%) 30. 30 5. 51
600 503 500 400 395 301 288 320 283 300 200 100 0 2014 2015 2016 2017 2018 2019
Profit or Loss 2019 VS 2018 2019 % Rs. 2018 % Rs. Sales 503, 030, 973 100. 00 395, 284, 245 100 Cost of Sales 489, 140, 480 97. 23 383, 657, 867 97. 05 Gross Profit 13, 890, 493 2. 76 11, 626, 378 2. 94 Administration expenses 7, 246, 912 1. 44 5, 176, 423 1. 34 Other Operating Charges 998, 764 0. 19 1, 137, 105 0. 28 5, 644, 817 1. 12 5, 312, 850 1. 34 752, 358 0. 14 2, 388, 879 0. 60 3, 353 0. 0006 1, 993 0. 0005 6, 393, 822 1. 27 7, 699, 736 1. 94 (5, 677, 377) 1. 12 (3, 760, 566) 0. 95 716, 445 0. 14 3, 939, 170 0. 99 Operating profit Other income Financial charges Profit before tax Taxation Profit/(loss) after Taxation
ELAHI COTTON MILLS LIMITED STATEMENT OF FINANCIAL POSITION AS AT 30 -06 -2019 Rupees 2018 Rupees NON-CURRENT ASSETS Property, plant and equipment Operating fixed assets 129, 465, 424 133, 020, 393 918, 810 2, 368, 508 1, 965, 428 132, 752, 742 135, 904, 631 1, 195, 411 1, 142, 442 13, 474, 254 17, 931, 790 3, 737, 029 4, 598, 298 Loans and advances 404, 621 230, 169 Short term prepayments 295, 012 160, 318 Tax refunds due from government 794, 397 114, 881 18, 152, 507 9, 694, 345 38, 053, 231 33, 872, 243 170, 805, 973 169, 776, 874 Long term security deposits Loans and advances CURRENT ASSETS Stores, spares and loose tools Stock in trade Trade debts Cash and bank balances
ELAHI COTTON MILLS LIMITED STATEMENT OF FINANCIAL POSITION AS AT 30 -06 -2019 SHARE CAPITAL AND RESERVES Share capital 2019 13, 000 2018 13, 000 108, 328, 237 (66, 292, 141) 55, 036, 096 110, 644, 660 (69, 462, 716) 54, 181, 944 21, 820, 602 23, 539, 156 - - 21, 820, 602 23, 539, 156 1, 064, 926 150, 486 66, 782, 547 67, 332, 547 Due to associated undertaking 5, 566, 077 9, 416, 077 Short term loan from directors 7, 600, 000 5, 100, 000 12, 687, 560 9, 808, 499 248, 165 93, 949, 275 170, 805, 973 248, 165 92, 055, 774 169, 776, 874 Revaluation surplus on property, plant and equipment Accumulated loss NON-CURRENT LIABILITIES Deferred liabilities Long term loan from directors CURRENT LIABILITIES Taxation - net Current portion of long term loan from directors Trade and other payables Unclaimed dividend
Future Outlook Uncertain: Ø Textile crises in local market Ø Increase in electric tariff Ø Increase in rate of dollar
Strategic/Operational Developments
Strategic / Operational Developments Investment in Ring Section The Company during the year has invested in 1 ring frame in Ring Department and its capacity has increased by 420 spindles. Investment in Card Section The Company during the year has invested in 2 card machines in Card Department to enhance the quality of yarn.
Q&A
Thank You
- Slides: 15