Kitex Garmenets Ltd. — AGM Information 2024

Sep 28, 2024

==> picture [78 x 16] intentionally omitted <==

Kitex Garments Limited

(CIN: L18101KL1992PLC006528) Regd. Office: Building No. VI/496, Kizhakkambalam, Vilangu P.O., Aluva, Ernakulam – 683561, Kerala Phone: 91 484 2585000, Fax: 91 484 2680604 Email: sect@kitexgarments.com Website: www.kitexgarments.com

Ref: KGL/SE/2024-25/SEP/11

September 28, 2024

To,

BSE Limited National Stock Exchange of India Ltd 1[st] Floor, New Trading Ring, ‘Exchange Plaza’, 5[th] Floor, Rotunda Building, P J Towers, Plot No.C/1, G Block, Dalal Street, Fort Mumbai, Bandra - Kurla Complex, Bandra (E), Maharashtra – 400 001 Mumbai, Maharashtra – 400 051. Scrip Code : 521248 Scrip Symbol : KITEX

Dear Sir/ Ma’am,

Sub: PRESENTATION BEING PART OF 32[ND] ANNUAL GENERAL MEETING OF THE COMPANY

Please find enclosed the presentation being part of the 32[nd] Annual General Meeting of the Company held on Saturday, September 28, 2024 for your information and records.

This will also be made available on the company’s website viz., www.kitexgarments.com

Thanking you

Yours faithfully,

For Kitex Garments Limited

Dayana Digitally signed by Dayana Joseph Date: 2024.09.28 Joseph 16:53:41 +05'30'

Dayana Joseph

Company Secretary & Compliance Officer

Enclosure: As above

==> picture [143 x 42] intentionally omitted <==

==> picture [98 x 113] intentionally omitted <==

==> picture [255 x 294] intentionally omitted <==

Investor Presentation

==> picture [97 x 112] intentionally omitted <==

Kitex Garments Limited

32[nd] Annual General Meeting

28 September 2024

Consistent Growth Record

==> picture [810 x 274] intentionally omitted <==

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

1200 KITEX GARMENTS LTD – ANNUAL TURNOVER (INR CR.)
1000
1000
788
800 739 Global Recession Q4 FY25 300
607 COVID 617
600 546 546 557 557 Q3 FY25 280
511
442 455
Q2 FY25 225
400
317
Q1 FY25 195
200
0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (Projected)
----- End of picture text -----

Kitex Garments has achieved consistent growth over the years and is on track to achieve an all time high Turnover of INR 1,000 Crores in 2024-25

Ethos of Kitex Group

Best In the world . .

==> picture [39 x 41] intentionally omitted <==

Infrastructure: Scientifically planned plants equipped 100% with machinery imported to European and American standards

==> picture [39 x 41] intentionally omitted <==

Technology: Entire machinery imported from Germany, Swiss, Italy and Japan to cater to global/international standards

==> picture [39 x 41] intentionally omitted <==

System Driven: Entire Production Process is system driven using world's best software GSD from UK

==> picture [39 x 41] intentionally omitted <==

Chemistry: Only manufacturer in the world with 100% organic processing to comply with highest safety and security of product

==> picture [39 x 41] intentionally omitted <==

==> picture [39 x 41] intentionally omitted <==

Highest efficiency: Consistently achieving a manufacturing efficiency of 85 % as against Global

average of 55%

Disciplined Workforce: Highly motivated and disciplined workforce

==> picture [39 x 39] intentionally omitted <==

==> picture [39 x 39] intentionally omitted <==

==> picture [39 x 39] intentionally omitted <==

We Care . .

Employee welfare: Comprehensive employee welfare benefits for best social compliance

Social impact: CSR spending above legal requirements to uplift the society. We do it because we want to, not because we have to.

Eco-friendly: 100% sustainable

manufacturing process- Zero water discharge, Zero air pollution, Zero waste disposal

Textile exports market trends

==> picture [960 x 470] intentionally omitted <==

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

Global clothing exports by China and Bangladesh (2023): $ 203.14 Bn
Medium-term
Near term
opportunity
opportunity
Transition out from
10% 50%
Global clothing exports (% share) - 2023 China & Bangladesh
17%
Additional business
$ 20.32 Bn $ 101.57 Bn
32% potential for others
3%
4%
6% Available capacity
7% estimate of Indian $ 4.43 Bn $ 4.43 Bn
exporters (excluding KGL)
31%
China European union Bangladesh Unaddressed market
Vietnam Turkey India potential for KGL to $ 15.88 Bn $ 97.14 Bn
target
0.6% of this
potential enables
KGL in reaching its
targets
----- End of picture text -----

Kitex Apparel Parks Limited

Highlights

==> picture [82 x 82] intentionally omitted <==

Revenue

Total Capacity

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

10.68Lakh Pieces per day

INR 5000 crores at full production

==> picture [85 x 64] intentionally omitted <==

Production starting from: Dec’2024 – Warangal (Phase 1) Dec’2025 - Hyderabad (Phase 2)

Phase 1 - 12500 Employees Phase II -12500 Employees Total 25000 Employees

==> picture [47 x 46] intentionally omitted <==

==> picture [130 x 133] intentionally omitted <==

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

Improved
efficiency
----- End of picture text -----

==> picture [103 x 122] intentionally omitted <==

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

Higher
degree of
automation
----- End of picture text -----

==> picture [130 x 132] intentionally omitted <==

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

Improved
safety
----- End of picture text -----

KAPL’s edge

Early investments to build capacity has placed Kitex group in a position of advantage to service the rising global demand

Telangana- Advantages

==> picture [864 x 370] intentionally omitted <==

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

Land Cost only 5% 50% Lower
01 02
that of Kerala Labour Cost
High raw material
75% Lower cost
availability: Telangana
03 04
for Water cost is the 3rd Largest
cotton Producing state
Incentives in
Higher availability of
05 various amounting 06
Local Labour
to 100% of Capex
----- End of picture text -----

Cost Advantages in KAPL

In house Manufacturing

• In-house manufacturing of accessories for better quality control and cost efficiency

• In-house manufacturing of Packing Materials resulting in elimination of costs currently paid out to vendors

  • High availability of local labour resulting in better labour cost efficiency

Labor Cost

Backward Integration

• Ginning- Overcoming seasonal price fluctuation through backward integration

• -

• Spinning 5% gain in cost through Spinning operations

• Expected Labor Incentives to the tune of 10% of the expenses

Product Diversification

==> picture [337 x 270] intentionally omitted <==

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

01
03
02
----- End of picture text -----

==> picture [116 x 17] intentionally omitted <==

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

Accessories
----- End of picture text -----

• Bow making

• Elastic

• Sewing thread

• Embroidery thread

==> picture [33 x 32] intentionally omitted <==

Packaging Materials

Products

• Knitted garments

• Woven fabric garments

• Polyester 100%/Blended

• Polar fleece

• Micro Fleece

• FR Fleece

• Men and Ladies inner and outer wear

• Infant Socks

• Cartons

• Polybag

• Hangers

What is next for Kitex Garments Limited?

==> picture [82 x 81] intentionally omitted <==

==> picture [9 x 39] intentionally omitted <==

Targeting a record annual turnover of INR 1,000+ crores in FY 2024-25 Merge Kitex Childrenswear Limited (KCL) Business with KGL Revenue of INR 7500 Cr. upon full operational capacity

The Largest Farm to Finish Apparel manufacturer in the world with unmatched

==> picture [426 x 67] intentionally omitted <==

Thank You.

Kitex Garments Limited