Banswara Syntex Limited

50%

ttributed towards pricing pressure and overall slowdown. Also, the exports have declined more than 50% in key markets of Europe, Turkey, US and UK. However, we expect uptick in the demand going forward

Rs. 930.1

c business and to increase the exports in garment’s business” 4 9MFY24 Highlights Total Income* Rs. 930.1 cr EBITDA* Rs. 89.8 cr PBDT Rs. 68.1 cr PAT Rs. 26.9 cr *includes other income Key Highlights

Rs. 89.8

ease the exports in garment’s business” 4 9MFY24 Highlights Total Income* Rs. 930.1 cr EBITDA* Rs. 89.8 cr PBDT Rs. 68.1 cr PAT Rs. 26.9 cr *includes other income Key Highlights Yarn  For 9MFY24,

Rs. 68.1

in garment’s business” 4 9MFY24 Highlights Total Income* Rs. 930.1 cr EBITDA* Rs. 89.8 cr PBDT Rs. 68.1 cr PAT Rs. 26.9 cr *includes other income Key Highlights Yarn  For 9MFY24, yarn sales decline

Rs. 26.9

ness” 4 9MFY24 Highlights Total Income* Rs. 930.1 cr EBITDA* Rs. 89.8 cr PBDT Rs. 68.1 cr PAT Rs. 26.9 cr *includes other income Key Highlights Yarn  For 9MFY24, yarn sales declined by 11% YoY to R

11%

AT Rs. 26.9 cr *includes other income Key Highlights Yarn  For 9MFY24, yarn sales declined by 11% YoY to Rs 382 cr owing to a lower demand  The spinning mills division faced challenges from pric

Rs 382

cr *includes other income Key Highlights Yarn  For 9MFY24, yarn sales declined by 11% YoY to Rs 382 cr owing to a lower demand  The spinning mills division faced challenges from pricing pressures a

8%

ills division faced challenges from pricing pressures and sluggish demand, even though there was an 8% growth in terms of volume  In the third quarter of FY24, the company observed a decline in produc

22%

f running qualities to optimize spindle utilization Fabric  For 9MFY24, fabric sales declined by 22% YoY to Rs 324 cr  The Fabric division's performance has been adversely affected by an underperfo

Rs 324

ualities to optimize spindle utilization Fabric  For 9MFY24, fabric sales declined by 22% YoY to Rs 324 cr  The Fabric division's performance has been adversely affected by an underperformance of over

25%

rperformance of over 50% in the US and UK markets Garment  For 9MFY24, garment sales declined by 25% YoY to Rs 204 cr on account of subdued demand from domestic and global retailers  The Garment div

Rs 204

e of over 50% in the US and UK markets Garment  For 9MFY24, garment sales declined by 25% YoY to Rs 204 cr on account of subdued demand from domestic and global retailers  The Garment division has obser

“The Ludhiana/Tirupur markets are showing signs of maturation, and we anticipate promising business in the upcoming quarters.”

“02 Potential Partnerships  To shorten lead times by partnering with garment manufacturers in the leading Asian manufacturing hubs such as Bangladesh Myanmar, Sri Lanka, Vietnam  Leverage our marketing abilities by partnering with established players in the women’s wear segment which will lead to incremental growth  China+1 strategy adopted globally increases demand for Man-Made Fabrics manufactured in India 03 Target Markets”

“TARGET EXPORT MARKETS Acquisition of new customers in the export Markets.”

“There are potential additions of new significant retail customers in the areas of suits, military uniform projects from the Middle East, and corporate uniforms  There is optimism that the occurrence of the UK Free Trade Agreement will significantly enhance the company's business projections  Looking ahead to FY25, an increase in demand is anticipated, driven by the ongoing "China +1" trend, along with new order inflow in the western markets Mr.”

Raw Material Consumption

1

Employee Cost

1

Power Cost

1

Finance Cost

1

Other Expenditure

1

Capex Done

1

Potential partnerships with synergistic benefits

1

USA

1

Europe

1

Japan and South Korea

1

Employee Cost

 Employee benefit expenses have declined sequentially and on a YTD basis, attributed to a reduction in the production of yarn and garments

Power Cost

 The quarter witnessed a decrease in yarn production leading to the low consumption of power in Q3, resulting in a reduction in power costs

Finance Cost

 Finance cost in Q3FY24 was on a similar line of Q2FY24  On a YoY basis, the interest cost is lower due to effective control over working capital utilization -67.8%

Other Expenditure

-67.8%  Other expenses follow a similar trend and are in line with Production Value 294.7 378.0 308.6 914.2 1,177.9 the operations 6 About Us Our Specialty is Value Added Textiles Our Journey • Commenced Operations and started Yarn production with 12,500 spindles • Started Fabric Weaving under the Brand name ‘Bantex • Started first unit of 18 MW captive thermal power plant • Started production of Made- up's and Worsted Spinning • Started production of Super-stretch women Fabrics • Addition of additional processes to Vertical Integration • Shift towards Sustainable production through Recycled Fabrics 1976-00 2004-06 2007-08 2011-15 2016-18 2019-23 • Started production of Readymade Garments • Started production of wool & wool mixed fabrics in the brand name of `SaintX` for domestic supply. • Banswara Textile Mills Ltd. (BTM), an associate firm engaged in fabric finishing activity, amalgamated with the company • The Company entered Joint Venture with French Company ‘Carreman’ • Started s

Capex Done

9MFY24 3,060 Tonnes / month Rs. 40 cr Weaving- 3.2Mn Meters/ month Processing- 4.5Mn Meters/ month Rs. 18 cr Weaving Unit GARMENTS 3,25,000 Trouser & Suiting's/ Month 80,000 Jackets & Waste Coats/ month Rs. 5 cr Garmenting Unit POWER GENERATION 33 MW / Year (18 MW + 15 MW) Rs. 0.8 cr The Company owns • • ~1,51,000 Spindles 464 Looms Over Rs. 704 crores towards expansion and modernization between FY 2010 – March 2023 10 Strategically Located Facilities Quality Infrastructure connectivity through Rails, Roads and Ports ensures seamless dispatches to domestic markets and exports Easy Availability of skilled and Unskilled labour Manufacturing Facilities’ proximity to raw material suppliers ensures stable and sustainable supply Manufacturing facilities of Banswara Syntex It also ensures strong relationship with suppliers while maintaining need-based approach Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness

Potential partnerships with synergistic benefits

02 Potential Partnerships  To shorten lead times by partnering with garment manufacturers in the leading Asian manufacturing hubs such as Bangladesh Myanmar, Sri Lanka, Vietnam  Leverage our marketing abilities by partnering with established players in the women’s wear segment which will lead to incremental growth  China+1 strategy adopted globally increases demand for Man-Made Fabrics manufactured in India 03 Target Markets