Indo Count Industries Limited · NSE:ICIL
Indo Count Industries — Q1 FY24 Earnings Presentation
38 slides from Indo Count Industries's earnings presentation, Aug 7, 2023
Slide 1: Exchange filing cover letter for Q1 FY24 investor presentation
August 7, 2023 National Stock Exchange of India Ltd. BSE Limited Listing Department Department of Corporate Services Exchange Plaza, Floor 25, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Company Symbol : ICIL Scrip Code No. : 521016
Slide 2: Q1FY24 Investor Presentation
Q1FY24 Investor Presentation Indo Count Industries Limited
Slide 3: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Indo Count Industries Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Chairman's Message
CHAIRMAN’S MESSAGE Commenting on the results, Mr. Anil Kumar Jain - Executive Chairman said, “We have laid a strong foundation and are optimistic on the future. Going forward, as we capitalize on the demand in our largest market, we expect this to replicate in other geographies. Global economy is im
Slide 5: Sales Volume Performance
SALES VOLUME PERFORMANCE in million metres 85-90 20.0 20.0 20.4 74.7 19.1 85-90 Q1FY23 Q1FY24 Q4FY23 Q1FY24 FY23 FY24E YoY Performance QoQ Performance FY23 Performance & Future Guidance FY24 Volume Guidance of 85-90 Mn. Mtrs. & Margin Guidance of 16%-18% on track 4
Slide 6: Market Ready to Seize Upcoming Opportunities
MARKET READY TO SEIZE UPCOMING OPPORTUNITIES 1 TIMELY COMPLETION OF ALL THE CAPEX PROJECTS 2 LARGEST EXPORTER OF BED LINEN WITH 153 Mn Mtrs CAPACITY 3 ROBUST BALANCE SHEET POSITION 4 OPERATING LEVERAGE WILL PLAYOUT IN THE UPCOMING YEARS FUTURE READY TO ACHIEVE 2x REVENUES 5
Slide 7: Q1 FY24 Consolidated Financial Highlights
Q1 FY24 CONSOLIDATED FINANCIAL HIGHLIGHTS Q1 FY24 Q1 FY24 20.0 Mn Mtrs Total Rs. 747 Crs Volumes Income Q1 FY24 Q1 FY24 EBITDA & Rs. 130 Crs PAT & Rs. 74 Crs Margins 17.4% Margins 9.9% 6
Slide 8: Q1 FY24 Consolidated Profit & Loss Statement
Q1 FY24 CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (Rs. Crs.) Q1FY24 Q1FY23 Q4FY23 FY23 Total Income 747 722 810 3,043 EBITDA 130 141 147 486 EBITDA Margin (%) 17.4% 19.5% 18.1% 16.0% Depreciation 19 16 16 65 Finance Cost 15 14 7 62 PBT 97 110 123 359 Tax 23 33 29 82 PAT 74 77 95 277 EPS (Rs.)
Slide 9: Our Journey of Resilience & Growth
OUR JOURNEY OF RESILIENCE & GROWTH ICIL established Acquired Bed Linen Enhanced capacity to ▪ With Bhilad unit acquisition Total Bed Linen Commencement of Pranavaditya capacity 90 mn meters Capacity increased to 153 Mn meters Spinning Operations Spinning Mills increased to Launched brand ▪ Brownfiel
Slide 10: Leadership Position
LEADERSHIP POSITION Our strategy of being a ‘Focussed’ and ‘Customer centric’ organisation has taken us to a leadership position Focused business approach Our extensive product portfolio Growing into a stronger Trusted and Innovative aids in better understanding assists us in providing customers cor
Slide 11: Industry Overview
Complete Comfort INDUSTRY OVERVIEW
Slide 12: USA Home Textiles Market Dynamics
USA HOME TEXTILES MARKET DYNAMICS US imports of Cotton Sheets US imports of Cotton Pillowcases US imports of Cotton Bedspread ROW China Pakistan India 11.0% 12.1% 8.1% 12.1% 12.6% 9.6% 12.2% 13.5% 16.9% 11.9% 12.8% 13.7% 14.5% 14.1% 16.1% 20.0% 21.1% 17.5% 43.4% 24.0% 17.2% 20.1% 48.1% 41.9% 58.0% 5
Slide 13: Total Retail Sales in USA
TOTAL RETAIL SALES IN USA USA Total Retail Sales Dynamics ❑ Overall Retail sales in June were up 0.2% from May and up 1.5% year over year ❑ In May, sales were up 0.5% month over month and up 2% year over year ❑ June retail sales confirm that while the economy may be cooling, consumers remain on soli
Slide 14: Retail Ecommerce Sales in US
RETAIL ECOMMERCE SALES IN US US Retail Ecommerce Sales: 2022 – 2026 Online penetration of US retail sales remains elevated from pandemic-fueled changes in (US $ Trillions) shopping behaviour Retail Ecommerce Sales Ecommerce's share of total retail sales by quarter (Q1FY19 – Q1FY23) % of Total Retail
Slide 15: Textile Industry Trends
TEXTILE INDUSTRY TRENDS Global Home textile market is expected Major exports markets for home textiles Domestic Home Textile Market Scenario to reach $60bn by 2025 13 (in $ Bn) 60 (in $ Bn) 51 ROW 35% USA 8 31% 7 Europe 4 34% 2 2020 2025E 2005-06 2010-11 2019-20 2020-21E 2025-26P Source - Industry,
Slide 16: Advantage India
ADVANTAGE INDIA CHINA + 1 STRATEGY ▪ ‘China Plus One’ has led to several western countries looking at alternate markets FREE TRADE AGREEMENT GOVERNMENT INITIATIVES ▪ Recently, Government of India executed ▪ Governments initiatives such as Atmanirbhar FTAs with Australia and UAE 01 Bharat, PLI scheme
Slide 17: Company Overview
COMPANY OVERVIEW.
Slide 18: About Us
ABOUT US The Largest Global Home Textile Bed Linen Company Domestic Business B2C & D2C brands Comprehensive product portfolio in the premium segment that comprises of bed sheets, fashion bedding, utility bedding and institutional bedding Our Forte ESG Focused Biodiversity Business Ethics Solar / Win
Slide 19: Our Global Footprint
OUR GLOBAL FOOTPRINT SERVICES (WORLD OVER) ▪ Product Development 10,000+ Employees UK ▪ EDI-based replenishment (Direct/Indirect) services USA ▪ Market Research UAE ▪ Total Supply Chain INDIA Solutions Corporate Office - Mumbai ▪ Inventory Planning • Showroom, Warehouse, E-com Manufacturing Plants -
Slide 20: Providing Complete Bedlinen Solution
PROVIDING COMPLETE BEDLINEN SOLUTION Bed Sheets Fashion Utility Institutional Bedding Bedding Bedding Flat Sheet Comforters & Duvets Mattress Pads, Basic white sheets Fitted Sheets Shams & Decorative Pillows Protectors, Pillows Shams & Pillows Pillow-cases Quilts, Coverlets Down Alt Comforters Bed S
Slide 21: Overview of B2C & D2C
gmplete Comfort OVERVIEW OF B2C & D2C
Slide 22: Our Brand Portfolio
OUR BRAND PORTFOLIO EXISTING PORTFOLIO ADDITION OF NEW BRANDS Focused digital presence in US, Europe, Middle-East and India E-commerce & Other Digital Domestic Business Channels FY22 7% of Revenue FY22 2% of Revenue Current focus on FY23 10% of Revenue FY23 2.5% of Revenue Shift from Ambitious 5 Yea
Slide 23: Licensed Brand Tie-ups
LICENSED BRAND TIE-UPS LAUNCHED HEALTH & WELLNESS GLOBAL BRAND - GAIAM PARTNERSHIP WITH A LICENSED BRAND, JASPER CONRAN an industry-leading health & wellness brand FOR AN EXCLUSIVE BED AND BATH COLLECTION, www.jasperconran.com/collections/home ✓ The GAIAM home collection will feature an extensive ✓
Slide 24: Jasper Conran Collection
JASPER CONRAN COLLECTION 23
Slide 25: Boutique Living – A Premium Brand
BOUTIQUE LIVING – A PREMIUM BRAND WITH EXQUISITELY CRAFTED BED LINEN DESIGNS Boutique Living is a brand for the well-heeled Indian with superior aesthetic sense and who have refined taste both in the interiors and bed linens. With a robust R&D, technical know-how and in-house production, Boutique Li
Slide 26: Layers – Affordable Bed Linen Brand
LAYERS – AFFORDABLE BED LINEN BRAND WITH MASSIVE ARRAY OF PRODUCTS Layers represents a remarkable combination of global designs and value pricing enabling customers to decorate their homes the way they desire Developed using cutting-edge technologies, Layers boasts of designs with contemporary & ele
Slide 27: Promotions and Events During the Quarter - Layers
PROMOTIONS AND EVENTS DURING THE QUARTER - LAYERS Mothers Day Duracount Labor Day Campaigns Visual Merchandising 26 Haryana handloom-Bangalore Lulu Trivandrum Fashion Store
Slide 28: Promotions and Events During the Quarter - Boutique Living
PROMOTIONS AND EVENTS DURING THE QUARTER - BOUTIQUE LIVING Mothers Day World Art Day Cool Nights Campaigns Visual Merchandising 27 Kapra kothi-Lucknow Sarath City-Hyderabad Deco Home - Kolkata
Slide 29: Sustainability Is in Our DNA
SUSTAINABILITY IS IN OUR DNA
Slide 30: Sustainability Initiatives
SUSTAINABLITY INITIATIVES Member at UNITED NATIONS GLOBAL COMPACT CEO study on Sustainability for 2022 Our Scientific approach to climate action - JOINING SBTI Indo Count is a member at United Nations Global Compact and the Company is committed to integrating UNGC’s Principles into the organizationa
Slide 31: Sustainability Initiatives
SUSTAINABLITY INITIATIVES • Indo Count is determined to protect the planet and people by contributing to climate change reduction by adopting of more Dyes from Natural Waste Extract renewable energy resources. To foster our sustainable offerings, we are • ICIL maintained CDP performance on one of th
Slide 32: Sustainable Raw Material Sourcing Initiatives
SUSTAINABLE RAW MATERIAL SOURCING INITIATIVES Gagan Avani Anant Total No. of Farmers Covered 50,000+ • Project Gagan aims to • Project Avani was • Project Anant is a employ long-lasting created to promote collaboration with CITI- alternatives to current sustainable social CDRA. Many of the agricultu
Slide 33: ESG Initiatives
ESG INITIATIVES Environmental The Way Ahead • Installed renewable energy and adding Renewable Electricity • Recycling and reuse of water through modernized ETP plant GHG Emissions • Conservation of water resources Reduce Scope 1 & Scope 2 GHG • Reduction in the use of plastic & Recycling of plastic
Slide 34: CSR Initiatives
CSR INITIATIVES 1 2 Education Healthcare We provide improved infrastructure; We facilitate free health check-ups in remote area support 130+ schools, educate the villages/slum areas by providing preventive and curative specially-abled and facilitate them with healthcare programs, where we have treat
Slide 35: Awards & Recognition
AWARDS & RECOGNITION
Slide 36: Awards & Recognition
AWARDS & RECOGNITION Niryat Shree Award 2020-21 Indo Count Industries Limited has been awarded the “Niryat Shree Gold Trophy” for the year 20-21 by the Federation of Indian Export Organizations in the non MSME category of the Textiles sector including RMG, Made- Ups, Yarn, Handicrafts and Carpets Th
Slide 37: Awards & Recognition
AWARDS & RECOGNITION FEMINA POWER BRANDS 2022-23: LAYERS HIGHEST FOREIGN EXCHANGE EARNER IN MAHARASHTRA CITI BIRLA SUSTAINABILIY AWARD Our Domestic brand Layers recognized as ICIL has been awarded by the Federation of Our commitment towards sustainability has been the FEMINA POWER BRANDS of the Year
Slide 38: Contact Us
CONTACT US Company : Investor Relations Advisors : Indo Count Industries Limited Strategic Growth Advisors Pvt. Ltd. CIN: L72200PN1988PLC068972 CIN: U74140MH2010PTC204285 Mr. K.R. Lalpuria, Executive Director & C.E.O Ms. Manasi Bodas kklalpuria@indocount.com manasi.bodas@sgapl.net | +91 9821043510 M
Indo Count Industries — Q1 FY24 Earnings Presentation on 6ix