==> picture [59 x 57] intentionally omitted <==

www.bslltd.com

BSL Ltd.

REGO. OFFICE : 26, Industrial Area Gandhi Nagar, BHILWARA-311 001 (Rajasth�n) INDIA Tel. : (91 1482) 245000 E-mail : [email protected], Website : www.bslltd.com C.I.N. : L24302RJ1970PLC002266

==> picture [63 x 51] intentionally omitted <==

www.bslltd.com

REF: BSL/CS/2023-24/ Dated: 09[th ] August, 2023

National Stock Exchange of India Ltd BSE Ltd Listing Department Degartment of Corporate Services Exchange Plaza· 25 Floor, Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E) Kala Ghoda, Fort, Mumbai- 400 051 Mumbai, Maharashtra 400 001 NSE Symbol: BSL BSE Scrip Code: 514045

Subject: Investors' Presentation on the Financial Results fr the Quarter ended 30[th ] June, 2023 in pursuant to Regulation 30 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Ma'am,

Pursuant to the prov1s10ns of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find attached copy of Investors' Presentation on the Financial Results for the quarter ended 30th June, 2023. The same is also available on the Website of the Company www.bslltd.com.

This is for your information and records please.

Thanking you; Yours Faithfully For BSL Limited

Shubham Jain Digitally signed by Shubham Jain Date: 2023.08.09 17:46:31 +05'30'

Shubham Jain· Company Secretary M. N6.: ACS-49973 Enc: a/a

•

==> picture [42 x 41] intentionally omitted <==

==> picture [50 x 49] intentionally omitted <==

==> picture [52 x 50] intentionally omitted <==

==> picture [51 x 49] intentionally omitted <==

==> picture [53 x 50] intentionally omitted <==

CONFIDENCE[. ] IN TEXTILES i according to Oeko Tested for harmful substances -Tex-Standard 100 No. 09.HIN.68375 Hohenstein

VEGAN

==> picture [259 x 249] intentionally omitted <==

==> picture [68 x 61] intentionally omitted <==

Investor Presentation

BSL 514045

SAFE HARBOR

==> picture [57 x 55] intentionally omitted <==

This presentation has been prepared by BSL Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situation, or informational need of any particular person. This presentation may not be copied, distributed, or disseminated, directly or indirectly, in any manner. Failure to comply with this directive may result in a violation of the applicable laws in certain jurisdictions. By reviewing this presentation, you agree to be bound by the restrictions contained herein and to maintain absolute confidentiality, regarding the information disclosed in these materials.

==> picture [46 x 95] intentionally omitted <==

This presentation does not constitute or form part of and should not be construed as, directly or indirectly, any offer or invitation, or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company by any person in any jurisdiction, including in India, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any investment decision or any contract or commitment, therefore.

This presentation contains statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief, or current expectations of the Company or its directors and officers concerning the results of operations and the company's financial condition. These statements can be recognized by the use of words such as ''expects", "plans", 'will", "estimates", "projects", or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and actual results may differ materially from those in such forward-looking statements as a result of various factors and assumptions that the Company believes to be reasonable in light of its operating experience in recent years. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, and competition, our ability to manage our international operations, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward-looking statement that may be made from time to time by or on behalf of the Company to reflect actual results, assumptions, or changes in factors affecting these statements. Given these risks, uncertainties, and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. This presentation may contain certain currency exchange rates and the same has been provided only for the convenience of readers.

Safe Harbor

Investor Presentation

Q1FY24

==> picture [930 x 501] intentionally omitted <==

----- Start of picture text -----

TABLE OF CONTENT
Q1FY24 FINANCIAL PERFORMANCE
01
DRIVERS OF GROWTH
02
COMPANY PROFILE
03
ESG INITIATIVES
04
MANAGEMENT TEAM
05
ANNEXURE
06
----- End of picture text -----

Table Of Content

Investor Presentation

Q1FY24

==> picture [234 x 228] intentionally omitted <==

Q1FY24 FINANCIAL PERFORMANCE

==> picture [569 x 540] intentionally omitted <==

CHAIRMAN MESSAGE

Commenting on the results, Mr. Arun Churiwal, Chairman of BSL Limited said,

“In the first quarter of FY24, BSL has demonstrated remarkable growth and resilience in its operational revenue by an increase of 35% QoQ and 43% YoY. This has culminated in a total income of ₹161 Cr., reaffirming our company's steadfast commitment to progress. On the expenditure front, we have effectively managed our costs while pursuing expansion and innovation. Our gross profit for the quarter stands at ₹71 Cr., reflecting a growth of 21% QoQ & 17% YoY, showcasing our ability to effectively manage production and costs. Our EBITDA has grown by 46% YoY, reaching ₹15 Cr., further highlighting our dedication to financial stability. Despite certain fluctuations, our company's overall profitability remains robust.

==> picture [46 x 95] intentionally omitted <==

BSL's first quarter of FY24 has been marked by substantial growth, diligent cost management, and a resolute commitment to sustaining profitability. As we navigate through these dynamic times, we remain focused on our strategic goals and are poised to seize emerging opportunities. I extend my gratitude to our dedicated team whose hard work and commitment have been instrumental in achieving these results. Together, we shall continue to build a resilient and thriving future for BSL. ”

==> picture [57 x 55] intentionally omitted <==

==> picture [368 x 442] intentionally omitted <==

Investor Presentation

Q1FY24

Message

MANAGING DIRECTOR MESSAGE

Commenting on the results, Mr. Nivedan Churiwal, Managing Director of BSL Limited said,

“In a challenging quarter, our strong dedication and commitment to doing excellent work have led to significant accomplishments, as seen in our financial results. We've kept up an impressive growth pace, with our overall revenue increasing by a notable 43%. Even in these tough times, our different business areas have continued to contribute positively. It's worth mentioning that there's a clear improvement in demand, both from overseas and within the country. Our persistent efforts to do well in important markets are showing good outcomes, as we focus on adding value, becoming more efficient in how we spend, and using the latest technology.

==> picture [46 x 95] intentionally omitted <==

Looking ahead, our newly launched Cotton Spinning Project is expected to bring in a substantial amount of revenue, which fits in with our goal of growing in a smart and sustainable way. We're also excited about the new products we're introducing and our plans to increase our production capabilities. We believe that our responsible growth strategies and customer-centered approach will lead to ongoing achievements and long-term success, benefiting both our growth and our stakeholders. ”

==> picture [57 x 55] intentionally omitted <==

==> picture [287 x 442] intentionally omitted <==

Investor Presentation

Q1FY24

Message

Q1FY24 KEY HIGHLIGHTS

==> picture [57 x 55] intentionally omitted <==

❑ The newly launched Cotton Spinning Project, featuring 29,184 spindles capable of producing approximately 700 tons per month, is projected to generate a substantial extra revenue of ₹250 Cr. starting from FY24.

==> picture [46 x 95] intentionally omitted <==

❑ Financial results for Q1FY24 are impressive, reflecting a remarkable 35% QoQ & 43% YoY growth with revenues reaching to a new high of ₹160 Cr.
❑ For the quarter Q1FY24, the Gross Profit has also increased by 17% QoQ & 21% YoY, reaching ₹71 Cr. with a Gross Profit margin of 44% despite the fluctuating raw material prices.
❑ EBITDA for Q1FY24 has displayed remarkable growth, standing at approximately ₹15 Cr. from ₹10 Cr. in Q1FY23, representing a growth of 46% YoY with an impressive EBITDA margin of 9.4%.
❑ PAT for the quarter stands at ₹2 Cr.

Financial Performance

Investor Presentation

Q1FY24

FINANCIAL PERFORMANCE: Q1FY24

==> picture [184 x 63] intentionally omitted <==

----- Start of picture text -----

Revenue 43% YoY
35% QoQ
----- End of picture text -----

==> picture [260 x 63] intentionally omitted <==

----- Start of picture text -----

Gross Profit & GP Margin %
21% YoY
17% QoQ
----- End of picture text -----

==> picture [19 x 9] intentionally omitted <==

----- Start of picture text -----

160
----- End of picture text -----

==> picture [334 x 121] intentionally omitted <==

----- Start of picture text -----

119
112
Q1FY23 Q4FY23 Q1FY24
----- End of picture text -----

==> picture [12 x 8] intentionally omitted <==

----- Start of picture text -----

71
----- End of picture text -----

==> picture [348 x 101] intentionally omitted <==

----- Start of picture text -----

59 60
52.1% 50.9% 44.1%
Q1FY23 Q4FY23 Q1FY24
----- End of picture text -----

==> picture [46 x 95] intentionally omitted <==

EBITDA & EBITDA Margin %

PAT & PAT Margin %

==> picture [49 x 41] intentionally omitted <==

----- Start of picture text -----

46%
----- End of picture text -----

==> picture [18 x 9] intentionally omitted <==

----- Start of picture text -----

YoY
----- End of picture text -----

==> picture [349 x 112] intentionally omitted <==

----- Start of picture text -----

15.0 15.1
10.3
9.2% 12.6% 9.4%
Q1FY23 Q4FY23 Q1FY24
----- End of picture text -----

==> picture [335 x 113] intentionally omitted <==

----- Start of picture text -----

3.8
2.7
2.3
2.4% 3.2% 1.4%
Q1FY23 Q4FY23 Q1FY24
----- End of picture text -----

==> picture [57 x 55] intentionally omitted <==

==> picture [30 x 9] intentionally omitted <==

----- Start of picture text -----

₹ in Cr
----- End of picture text -----

Financial Performance

Investor Presentation

Q1FY24

SEGMENTWISE REVENUE PERFORMANCE: Q1FY24

==> picture [57 x 55] intentionally omitted <==

Fabric Furnishing Yarn Others

==> picture [46 x 95] intentionally omitted <==

==> picture [808 x 313] intentionally omitted <==

----- Start of picture text -----

4% 5% 4%
23% 22%
40%
17%
25%
12%
56%
48%
43%
Q1FY23 Q4FY23 Q1FY24
----- End of picture text -----

Financial Performance

Investor Presentation

Q1FY24

SUSTAINED GROWTH DESPITE CHALLENGES: Q1FY24

==> picture [370 x 225] intentionally omitted <==

Q1FY23

==> picture [395 x 187] intentionally omitted <==

==> picture [46 x 95] intentionally omitted <==

==> picture [57 x 55] intentionally omitted <==

Q4FY23

❑ During the quarter, we maintained consistent growth momentum, with our Revenue and EBITDA experiencing a year-on-year increase of 43% and 46%, respectively.
❑ However, the upcoming launch of our new cotton project in FY24 will lead to higher Depreciation and Finance costs, consequently affecting our bottom line.

==> picture [77 x 95] intentionally omitted <==

----- Start of picture text -----

10
----- End of picture text -----

❑ Presently, cotton prices and their margins are at an all-time low, but we remain optimistic about their eventual recovery.

Financial Performance

Investor Presentation

Q1FY24

HISTORICAL FINANCIAL PERFORMANCE

==> picture [57 x 55] intentionally omitted <==

₹ in Cr

==> picture [51 x 10] intentionally omitted <==

----- Start of picture text -----

Revenue
----- End of picture text -----

Gross profit & GP Margin%

==> picture [371 x 175] intentionally omitted <==

----- Start of picture text -----

472
437 436
390
321
FY19 FY20 FY21 FY22 FY23
----- End of picture text -----

==> picture [46 x 95] intentionally omitted <==

EBITDA & EBITDA Margin%

==> picture [371 x 174] intentionally omitted <==

----- Start of picture text -----

53
40
35
31 30
11.3%
9.4% 9.2%
7.9% 7.9%
FY19 FY20 FY21 FY22 FY23
----- End of picture text -----

==> picture [63 x 94] intentionally omitted <==

==> picture [371 x 175] intentionally omitted <==

----- Start of picture text -----

250
224
210
199
166
47.9% 51.0% 51.6% 51.4% 52.9%
FY19 FY20 FY21 FY22 FY23
----- End of picture text -----

==> picture [371 x 192] intentionally omitted <==

----- Start of picture text -----

PAT & PAT Margin%
3.6%
2.6%
0.2% 0.4% 0.4%
FY19 FY20 FY21 FY22 FY23
----- End of picture text -----

Financial Performance

Investor Presentation

Q1FY24

HISTORICAL FINANCIAL PERFORMANCE

==> picture [57 x 55] intentionally omitted <==

==> picture [46 x 95] intentionally omitted <==

RONW

==> picture [581 x 181] intentionally omitted <==

----- Start of picture text -----

ROCE RONW
10.9% 16.3%
9.7%
12.9%
7.6% 7.4% 7.3%
2.2%
1.7%
1.1%
FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23
----- End of picture text -----

Fixed Asset Coverage Ratio

In times

==> picture [282 x 147] intentionally omitted <==

----- Start of picture text -----

3.1
2.3
1.8
1.4 1.3
FY19 FY20 FY21 FY22 FY23
----- End of picture text -----

==> picture [629 x 203] intentionally omitted <==

----- Start of picture text -----

Net Working Capital ₹ in Cr Net Debt ₹ in Cr
45.7
346
37.2 37.8
186
172 161 161
15.5
14.1
FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23
12 Investor Presentation || Financial Performance
----- End of picture text -----

Net Debt to Equity

==> picture [291 x 150] intentionally omitted <==

----- Start of picture text -----

3.3
2.2 2.2 2.1 2.1
FY19 FY20 FY21 FY22 FY23
----- End of picture text -----

Financial Performance

Q1FY24

==> picture [234 x 228] intentionally omitted <==

DRIVERS OF GROWTH

==> picture [569 x 540] intentionally omitted <==

==> picture [57 x 55] intentionally omitted <==

DRIVERS OF GROWTH

==> picture [162 x 52] intentionally omitted <==

1. Robust Demand

2. Support Govt. policy

3. China +1 strategy

4. Investments Plan

5. Aggressive Marketing

▪ India is working on getting a Free Trade Agreement (FTA) with both United Kingdom & European Union.

▪ BSL Limited’s marketing strategy is uniquely designed for the company and helps gather strong brand recognition for its quality in domestic and international brands.

▪ In 2021, the Indian textile & apparel industry is pegged at $105 bn, with ~71% by domestic consumption and 29% by exports. By 2026, the industry is likely to expand to $250 bn at 17-19% CAGR .

▪ China Plus One sentiment globally, India’s textile exports are expected to grow by 81% to $65 billion by 2026 from the pre-Covid level of around $36 billion in 2019

▪ BSL has recently commenced commercial operations in its Cotton uniquely designed for the company Spinning Project where it has and helps gather strong brand installed a capacity of 29,184 recognition for its quality in spindles which will give a domestic and international brands. production of around 700 tons per month. ▪ Focus on exports helping us to ▪This is expected to generate This is expected to generate gain major market share in both additional revenue of ₹250 Cr . from suiting’s & furnishing with presence in over 60 countries.

▪ PLI scheme was launched by GOI for improving India’s export competitiveness in MMF and Technical Textiles segments.

==> picture [46 x 95] intentionally omitted <==

▪ Adoption by global brands , due to India’s relatively large strategic depth compared with Vietnam or Bangladesh

▪ The growth would be driven by the swelling domestic appetite for garments and demands for apparel in western countries resulting in higher sourcing from India by international brands to meet the demand.

▪This is expected to generate This is expected to generate additional revenue of ₹250 Cr . from this Financial Year 2023-24 .

▪ GOI may introduce PLI 2.0 with incentives focused on manufacturing garments, home textiles and textile accessories like lace, button and zippers.

▪ Specific & different strategy for different price segments for maximum outreach for both its mass and premium brands in the domestic market.

▪ Covid-19 has triggered the redistribution of global trade shares and a recalibration of sourcing patterns, providing a golden opportunity for Indian textiles to stage a turnaround and regain a leadership position as a top exporting economy.

==> picture [154 x 81] intentionally omitted <==

----- Start of picture text -----

Yarn
Spinning Cotton
Newly commenced Existing
units units
----- End of picture text -----

▪ To boost the textile industry GOI has introduced various schemes such as the Mega Investment textile parks scheme , Remission of Duties or Taxes on Export Product (RoDTEP) , and Textile Technology Development Scheme (TTDS) .

▪ Apparel (garmenting), the fastest growing segment accounts for 63% of the $892 bn global textile industry. By 2026, India hopes to garner 10% of the apparel export market from 4% currently.

==> picture [155 x 52] intentionally omitted <==

Drivers of Growth

Investor Presentation

Q1FY24

==> picture [234 x 228] intentionally omitted <==

COMPANY PROFILE

==> picture [569 x 540] intentionally omitted <==

ABOUT BSL

==> picture [57 x 55] intentionally omitted <==

Manufacturer of an extremely diverse range of textile products ranging from synthetic, worsted, and now cotton yarn to synthetic & worsted suiting's and a variety of furnishing fabrics.
Formed in 1971 and growing from strength to strength.
South Asia’s leading supplier of furnishing fabrics to the global retail giant IKEA and 25 other nations.
Highly awarded over 30 awards in production, performance, and export excellence.

==> picture [46 x 95] intentionally omitted <==

Experts Professional Team Members in various functional areas viz. Financial, Marketing, and Technical assist the company.
The total workforce today stands at 2,500 spread across ~ 45 acres of campus
BSL Limited is engaged in the manufacturing of Synthetic blended fabric under the brand name of BSL Suitings and premium worsted fabrics under the brand name of Geoffrey Hammonds and the production of worsted .
yarn along with the synthetic yarn
BSL Limited has over a half-century of experience in textile manufacturing and is currently producing over 20 million meters of fabric annually across the nation and in 60 countries of the world . The products are manufactured under IS/ISO 9001-2008 .
BSL Limited is a pioneer in the textile industry and its vertically integrated unit with spinning, weaving, processing, and manufacturing capacity with state-of-the-art technologies from all over the globe.

Company Profile

Investor Presentation

Q1FY24

COMPANY PROFILE

==> picture [57 x 55] intentionally omitted <==

MILESTONE

CAPACITY

CAPACITY MILESTONE	CAPACITY	CAPACITY
Investor Presentation		Company Profile 17 Q1FY24 Particulars Production Capacity Fabrics 178 Looms Worsted Yarn 8,768 Spindles Synthetic Yarn 20,544 Spindles Vortex Yarn 400 Positions Fabric Processing 288 Lac Mtrs. Top, Fiber & Yarn Dying 2,352 MT Cotton Yarn 29,184 Spindles 1970 1971 1976 Mid 80’s Mid 2000’s ▪ Year of Incorporation ▪ Incorporated under the name of “Raj General Udyog Private Limited”. ▪ The company started manufacturingGrey cloth on just 8 Looms. ▪ Converted into aPublic Limited Companyin the name of“Bhilwara Synthetics Limited”. ▪ The Company wasthe first in Indiato venture intoSuiting’s Exportand today is theleading exporterof suiting’s fabric from India. ▪ The company tookdecisive stepto venture intofurnishing fabricsand over the last decade or more, this has been thebiggest growth engine for success storyfor the company. 2023 ▪ BSLhas started itsCotton Spinning Projectwith29,184 spindles, capable of producing around700 tonsper month.
	Particulars	Production Capacity
	Fabrics	178 Looms
	Worsted Yarn	8,768 Spindles
	Synthetic Yarn	20,544 Spindles
	Vortex Yarn	400 Positions
	Fabric Processing	288 Lac Mtrs.
	Top, Fiber & Yarn Dying	2,352 MT
	Cotton Yarn	29,184 Spindles
1

Q1FY24

BUSINESS VERTICALS – SUITINGS

==> picture [57 x 55] intentionally omitted <==

BSL PROVIDES FINEST PREMIUM SUITING FABRICS FOR BOTH DOMESTIC & EXPORT MARKETS

==> picture [46 x 95] intentionally omitted <==

PV FABRICS

==> picture [234 x 250] intentionally omitted <==

PW FABRICS

==> picture [237 x 252] intentionally omitted <==

==> picture [6 x 11] intentionally omitted <==

----- Start of picture text -----

||
----- End of picture text -----

==> picture [74 x 11] intentionally omitted <==

----- Start of picture text -----

Company Profile
----- End of picture text -----

TR FABRICS

==> picture [239 x 250] intentionally omitted <==

Investor Presentation

Q1FY24

BUSINESS VERTICALS - FURNISHINGS

==> picture [57 x 54] intentionally omitted <==

The New Benchmark From Soft Furnishing Fabrics To Upholstery Fabrics & Exquisite Silk Fabrics Offers A Wide Range Of Premium Furnishing

==> picture [46 x 95] intentionally omitted <==

==> picture [265 x 308] intentionally omitted <==

==> picture [265 x 307] intentionally omitted <==

==> picture [265 x 308] intentionally omitted <==

CURTAIN FABRICS

FURNITURE FABRICS

SILK FABRICS

Company Profile

Investor Presentation

Q1FY24

BUSINESS VERTICALS - YARNS

==> picture [57 x 55] intentionally omitted <==

THE YARNS DEFINE FABRICS

==> picture [46 x 95] intentionally omitted <==

POLY VISCOSE YARN

POLY WOOL YARN

==> picture [265 x 180] intentionally omitted <==

VORTEX YARN COTTON YARN

The highest quality fabrics begin with yarn that comes from a state-of-the-art manufacturing facility. Made of different materials, color patterns, gauges, and weights, our yarns are a testament to world-class quality and craftsmanship.

Company Profile

Investor Presentation

Q1FY24

STRONG PARENTAGE

POWER CONSULTANCY

ELECTRODES

==> picture [151 x 17] intentionally omitted <==

==> picture [91 x 17] intentionally omitted <==

HEG Limited ▪ Indo Canadian Consultancy Services Limited POWER ▪ Balephi Jal-Vidyut Co. P. Limited - Nepal ▪ NJC Hydro Power Limited ▪ AD Hydro Power Limited ▪ Bhilwara Energy Limited

TEXTILES

==> picture [70 x 17] intentionally omitted <==

==> picture [46 x 95] intentionally omitted <==

BSL Limited
Maral Overseas Limited
RSWM Limited
Bhilwara Technical Textiles Limited

==> picture [57 x 55] intentionally omitted <==

BMD Private Limited

==> picture [86 x 25] intentionally omitted <==

----- Start of picture text -----

IT SERVICES
----- End of picture text -----

==> picture [53 x 67] intentionally omitted <==

==> picture [76 x 51] intentionally omitted <==

HIGHLIGHTS

==> picture [90 x 17] intentionally omitted <==

5 Group companies listed on the Stock Exchanges.

▪ Bhilwara Infotechnology Limited

Production units & Corporate office spread across the country at 38 locations
Over 1,000,000 stakeholders in the Group.
All key companies ISO certified
Over 28,000 strong workforce.

Company Profile

Investor Presentation

Q1FY24

==> picture [960 x 540] intentionally omitted <==

----- Start of picture text -----

ESG INITIATIVES
----- End of picture text -----

ENVIRONMENT

– M.E.E. Multiple Effect Evaporator and R.O. Plant

– Agro-Fuel From July’22 onwards, in line with Global Sustainability Initiatives, the fuel system for both Boiler & Thermopack is being changed to Agro-Fuel instead of Fossil Fuels.

– – Z.L.D. Zero Liquid Discharge and E.T.P. Effluent Treatment Plant

==> picture [46 x 95] intentionally omitted <==

Recycled Raw Materials - As a part of the Global sustainability movement, in FY23, the Company’s 62% of Fiber consumption was of Recycled Fibers.

Vegan Certificate - One of the few Textile Companies in the World which is having Vegan Certificate from Switzerland.

– Solar Power Company has installed a capacity of 4.51 MW of Roof Top Solar Plant.

OEKO-TEX - The Company has received OEKO-TEX certifications which ensures that our products have been tested against a list of up to 350 toxic chemicals.

==> picture [57 x 55] intentionally omitted <==

==> picture [234 x 207] intentionally omitted <==

==> picture [237 x 209] intentionally omitted <==

Investor Presentation

ESG Initiatives

Q1FY24

SOCIAL

Corporate social responsibility is also called corporate conscience, corporate citizenship, social performance, or sustainable business. It is a form of corporate self regulation integrated into a business model.

CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms.

==> picture [46 x 95] intentionally omitted <==

The company has viewed CSR activities as an integral part of its corporate objectives, fully aligned with the overall business goals.

in The company has been associated with active participation creating value to its different stakeholders through various social, cultural and economic developments projects in the region.

BSL plans to maintain and consolidate its position in society with an increased emphasis on socially and environmentally responsible practices both internally and in the communities in which it operate.

==> picture [257 x 139] intentionally omitted <==

THE SMALLEST ASPECT CAN MAKE THE BIGGEST DIFFERENCE

CSR activity boosts the brand image of the Company and helps to build trust and relationships with different stakeholders. It contributes to improving financial performance and increasing the business growth of the Company.

Investor Presentation

ESG Initiatives

Q1FY24

GOVERNANCE

==> picture [57 x 55] intentionally omitted <==

Internal Control Systems

The Company has adequate Internal Control Systems, commensurate with the size, scale and complexity of its operations.
The Audit committee quarterly reviews the Executive summary on the internal audit findings along with the recommendations and management comments.
The Internal Auditors also ensure proper compliance of all policies and Standard Operating Procedures (SOPs) adopted by the Company.

==> picture [46 x 95] intentionally omitted <==

Vigil Mechanism/ Whistle Blower Policy

The Company has a vigil Mechanism named Whistle Blower policy to deal with any instance of fraud and mismanagement.
• The Details of the Whistle Blower Policy is explained in the Corporate Governance Report and also posted on the Company’s website at the web link as: https://www.bslltd.com/images/financials/1487923284_Whistle-Blower-Policy.pdf

Corporate Governance

The Company is committed to maintaining the highest standards of corporate governance and adhering to the corporate governance requirements set out by the SEBI.
The Company recognizes Corporate Governance not as a set of rules but as a framework supporting the core values.
Good Governance helps us to maintain trust with the shareholders, stakeholders, employees, and society at large. We believe that good governance is the key to doing business in a sustainable manner and which creates value for society.

Investor Presentation

ESG Initiatives

Q1FY24

==> picture [234 x 228] intentionally omitted <==

MANAGEMENT TEAM

==> picture [569 x 540] intentionally omitted <==

MANAGEMENT TEAM

==> picture [179 x 168] intentionally omitted <==

==> picture [46 x 95] intentionally omitted <==

Shri Arun Churiwal Chairman B.A. (Hons), 50 years of experience

==> picture [180 x 168] intentionally omitted <==

Shri Nivedan Churiwal Managing Director B.Com, 23 years of experience

==> picture [57 x 55] intentionally omitted <==

==> picture [179 x 169] intentionally omitted <==

Shri Praveen Jain CFO & Director Operations F.C.A., F.C.S., F.C.M.A., 33 years of experience

Investor Presentation

Q1FY24

Management Team

BOARD MEMBERS

==> picture [57 x 55] intentionally omitted <==

==> picture [46 x 95] intentionally omitted <==

==> picture [840 x 390] intentionally omitted <==

----- Start of picture text -----

Shri Arun Churiwal Shri Praveen Jain
B.A. (Hons), 50 years of experience F.C.A., F.C.S., F.C.M.A., 33 years of experience
Shri Nivedan Churiwal Shri J. C. Laddha
B.Com, 23 years of experience F.C.A. (Hons), 45 years of experience
OUR
Shri Ravi Jhunjhunwala Mrs. Abhilasha Mimani
M.B.A., 42 years of experience F.C.A., 15 years of experience
MEMBERS
Shri Shekhar Agarwal Shri G. P. Singhal
B.Tech, M.Sc, 40 years of experience B.Com, F.C.A., 37 years of experience
Shri Sushil Jhunjhunwala Shri A. N. Choudhary
B.Com, 52 years of experience F.C.A., F.C.S., 42 years of experience
----- End of picture text -----

Investor Presentation

Q1FY24

Management Team

ACHIEVEMENTS

Best Overall Export Performance - Export of fabrics to Focus Lac Countries Golden Trophy Best Overall Export Performance - Export of Natural Silk Goods Silver Trophy Best Overall Export Performance - Export of fabrics to Focus Lac Countries Golden Trophy Best Overall Export Performance - Export of fabrics to Focus Lac Countries Golden Trophy Overall Export Performance in the export of Natural Silk Goods Best Overall Export Performance - Export of fabrics to Focus Lac Countries Golden Trophy

2018 - 19

2017 - 18 2017 - 18 2016 - 17 2016 - 17 2015 - 16

==> picture [46 x 95] intentionally omitted <==

==> picture [57 x 55] intentionally omitted <==

==> picture [238 x 420] intentionally omitted <==

Achievements

Investor Presentation

Q1FY24

Thank You!

G E T I N TO U C H W I T H U S

BSL Limited

Shri Nivedan Churiwal Shri Praveen Jain Managing Director CFO & Director Operations E: [email protected] E: [email protected]

Investor Relation Consultancy Rik Consultancy and Advisory Services LLP Mr. Ritesh Shashiprakash Singh M: +91 8329 385762 || E: [email protected]

ANNEXURE

==> picture [45 x 95] intentionally omitted <==

Profit & Loss Statement

Parameter	Q1FY24	Q4FY23	Q1FY23	FY23
Total Income (Incl. other income)	160.8	119.0	112.7	472.7
Raw Material Cost	84.7	66.3	66.0	254.0
Employee Cost	22.6	18.3	18.6	75.5
Power Cost	14.3	9.5	12.5	46.2
Other Expenses	18.7	17.6	17.1	74.4
Inc./Dec. in Inventory	5.1	(8.0)	(12.2)	(31.9)
EBIDTA	15.1	15.0	10.3	53.4
EBIDTA Margin (%)	9.4%	12.6%	9.2%	11.3%
Depreciation	4.7	2.5	2.9	10.9
Finance Cost	7.5	4.9	4.4	18.8
Profit Before Tax	3.2	7.8	3.4	24.7
Tax	1.0	1.9	0.7	5.6
PAT	2.3	3.8	2.7	16.9
PAT Margin (%)	1.4%	3.2%	2.7%	3.6%

==> picture [57 x 55] intentionally omitted <==

Investor Presentation

Q1FY24

Annexure

AI assistant

BSL Ltd. — Investor Presentation 2023

61765_rns_2023-08-09_64ce895f-4a1b-4115-b523-5632676d0548.pdf

BSL Ltd.

SAFE HARBOR

CHAIRMAN MESSAGE

Commenting on the results, Mr. Arun Churiwal, Chairman of BSL Limited said,

MANAGING DIRECTOR MESSAGE

Commenting on the results, Mr. Nivedan Churiwal, Managing Director of BSL Limited said,

Q1FY24 KEY HIGHLIGHTS

FINANCIAL PERFORMANCE: Q1FY24

EBITDA & EBITDA Margin %

PAT & PAT Margin %

SEGMENTWISE REVENUE PERFORMANCE: Q1FY24

SUSTAINED GROWTH DESPITE CHALLENGES: Q1FY24

Q1FY23

Q4FY23

HISTORICAL FINANCIAL PERFORMANCE

Gross profit & GP Margin%

EBITDA & EBITDA Margin%

HISTORICAL FINANCIAL PERFORMANCE

Fixed Asset Coverage Ratio

In times

DRIVERS OF GROWTH

DRIVERS OF GROWTH

1. Robust Demand

2. Support Govt. policy

3. China +1 strategy

4. Investments Plan

5. Aggressive Marketing

COMPANY PROFILE

ABOUT BSL

COMPANY PROFILE

MILESTONE

CAPACITY

BUSINESS VERTICALS – SUITINGS

BSL PROVIDES FINEST PREMIUM SUITING FABRICS FOR BOTH DOMESTIC & EXPORT MARKETS

PV FABRICS

PW FABRICS

TR FABRICS

BUSINESS VERTICALS - FURNISHINGS

CURTAIN FABRICS

FURNITURE FABRICS

SILK FABRICS

BUSINESS VERTICALS - YARNS

THE YARNS DEFINE FABRICS

STRONG PARENTAGE

POWER CONSULTANCY

ELECTRODES

TEXTILES

HIGHLIGHTS

ENVIRONMENT

– M.E.E. Multiple Effect Evaporator and R.O. Plant

– – Z.L.D. Zero Liquid Discharge and E.T.P. Effluent Treatment Plant

SOCIAL

GOVERNANCE

Internal Control Systems

Vigil Mechanism/ Whistle Blower Policy

Corporate Governance

MANAGEMENT TEAM

BOARD MEMBERS

ACHIEVEMENTS

Thank You!

G E T I N TO U C H W I T H U S

BSL Limited

Profit & Loss Statement

More from BSL Ltd.

BSL Ltd. Investor Presentation 2023