Indo Count Industries Limited · NSE:ICIL
Indo Count Industries — Q3 FY2018 Earnings Presentation
33 slides from Indo Count Industries's earnings presentation, Feb 15, 2018
Slide 1: Exchange filing cover letter for investor presentation
th 15 Fe bruary, 2018 The Nationa l Stock Exchange of India Limited BSE Limited Listing Department, Department of Corporate Services Exchange Plaza, Bandra Kurla Complex, Floor 25, Phiroze Jeejeebhoy Towers Bandra (East) Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Company Symbol : ICIL Seri Code
Slide 2: Investor Presentation Q3FY18, February 2018
Investor Presentation Q3FY18, February 2018
Slide 3: Safe Harbor
Safe Harbor 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 sec
Slide 4: World Growth Outlook Improving
World Growth Outlook Improving Emerging and Developing Europe growth expected to remain strong USA growth forecast raised Emerging and Developing Asia is expected to grow Sub-Saharan African growth pick up is expected to improve Recovery is expected to strengthen growth Source: Industry Report 3
Slide 5: Chairman's Message
Chairman’s Message Mr. Anil Kumar Jain, Executive Chairman, “We are seeing improving trend in the Home Textiles segment on back of improved performance by retailers across global markets. The growth forecasts for USA have been increased from 2.3% to 2.7% in 2018 and from 1.9% to 2.5% in 2019. We the
Slide 6: Standalone Key Financial Indicators Q-o-Q
Standalone Key Financial Indicators Q-o-Q REVENUE (RS.CRS) EBITDA (RS.CRS) 460 493 69 71 Q3FY18 Q2FY18 Q3FY18 Q2FY18 EBIT (RS.CRS) PAT (RS.CRS) 62 64 36 36 Q3FY18 Q2FY18 Q3FY18 Q2FY18 CASH PAT (RS.CRS) NET DEBT/EQUITY (X) 62 42 0.26 0.24 Q3FY18 Q2FY18 Q3FY18 Q2FY18 ROCE* (%) ROE* (%) 21.2% 22.9% 15.
Slide 7: Improving Trend
Improving Trend In Rs. Crs. Last Fiscal Current Fiscal Q1FY17 Q2FY17 Q3FY17 Q1FY18 Q2FY18 Q3FY18 Revenue from Home Textile 441 524 456 387 444 425 Total Revenue* 493 576 503 432 493 460 EBITDA 110 116 102 65 71 69 PAT 60 63 56 32 36 36 Declared an Interim Dividend of Re. 0.40 per equity share (20%)
Slide 8: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particular (Rs. Crs) Q3 FY18 Q2 FY18 Q-o-Q Q3 FY17 9M FY18 9M FY17 Total Revenue 460.03 492.76 -6.6% 502.89 1384.57 1571.86 Expenses Material Consumed 255.42 276.55 -7.6% 247.92 748.48 811.17 Employee Benefits 27.09 27.64 -2.0% 28.19 82.81 82.39 Power & Fuel Cost 1
Slide 9: Areas impacted in 9M FY18
Areas impacted in 9M FY18 1 2 3 4 5 Raw material Power and fuel Strengthening GST and De-stocking costs were charges plus of Rupee hurt Government resulting in volatile; going job work realizations incentives off-take forward charges were and margins lowered deferments expect cotton higher in margin
Slide 10: Outlook for FY2018 and beyond
Outlook for FY2018 and beyond 01 02 03 Product development Improving operational Outreach Focus on Bed Linen in the Home efficiency Establish relationship with Textiles sphere Moving towards overall marquee global customers Focus on value-added products sustainability Extend focus from USA
Slide 11: Flattish Revenues for FY18
Flattish Revenues for FY18 Based to 100 100.0 -3.5 -3.5 -2.0 91.0 Total Revenue Spinning Currency Impact Impact of Normalized Revenue for FY18 Duty/Incentive Reported Impact of in- Impact of Impact of Revenue for house Strengthening Government FY18 Spinning Rupee Incentives due Indian transfer on to
Slide 12: Strong Brand in the Global Home Textiles Industry
Strong Brand in the Global Home Textiles Industry 11
Slide 13: 26 years of our Journey
26 years of our Journey 1990-91 2007 2008 2011 2012 2014-15 2017 ICIL established Forayed into Acquired Established Bed Linen Established Enhanced home textile by Pranavaditya showroom, capacity showroom and capacity to 90 mn Commencement setting up 36 mn Spinning Mills Design Studio and increased t
Slide 14: Our competencies and differentiators
Our competencies and differentiators 01 02 03 Strong domain Operationally Global player expertise efficient Top market player with a Customer-centricity End-to-end operations wide product basket starting from product Wide and innovative product development, spinning, Established business w
Slide 15: New Brand Launched in USA: 'HEIRLOOMS OF INDIA'
New Brand Launched in USA: ‘HEIRLOOMS OF INDIA’ 14
Slide 16: Own Lifestyle Brands
Own Lifestyle Brands ((@ Indo Count COMPLETE COMFORT gy a's eos) BOUTIQUE REVIVAL PURE NEW YORK CITY COLLECTION LIVING — 15
Slide 17: Licensed Lifestyle Brands
Licensed Lifestyle Brands 16
Slide 18: Brand in India
Brand in India Indo Count has a presence across 21 Indian States, achieving sales across 96 cities with 444 stores Online foray to widen customer base: www.boutiquelivingindia.com 17
Slide 19: Global presence
Global presence India USA UK Australia Headquartered in Showroom and Showroom, design Showroom and Mumbai design studio in studio and design studio in New York warehouse in Melbourne Manufacturing Manchester facilities in Warehouse for Kolhapur, distribution at Maharashtra Charlotte Showrooms and de
Slide 20: Industry perspective
Indo Count COMPLETE COMFORT Industry perspective 19
Slide 21: Overview of the global home textiles market
Overview of the global home textiles market Asia-Pacific Europe The US China Asia-Pacific is the India Second-largest One of the world’s largest home home textiles largest home textiles market in market, globally textiles markets China is the largest the world Third-largest home manufactur
Slide 22: India's edge in the home textiles market
India’s edge in the home textiles market Contribution to India’s Steady capability manufacturing and capacity production enhancement Share in country’s export Growing global respect for earnings thereby increasing its Indian products; dependable contribution to India’s GDP long term partner India’s
Slide 23: USA textiles imports
USA textiles imports Cotton sheets Pillow cases Cotton bedspreads +2% +3% +9% 703 717 176 182 519 478 -6% -1% -34% -35% +3% +11% 312 293 73 70 229 228 150 155 48 45 118 131 India China Pakistan India China Pakistan India China Pakistan India’s total contribution (in million $) Year to date Dec-16 +3
Slide 24: Trends in Indian cotton textiles exports
Trends in Indian cotton textiles exports Amt (in billion $) 2013-14 2014-15 2015-16 2016-17 Yarn 4.56 3.94 3.61 3.35 Fabric 2.20 2.44 2.15 2.05 Made-ups 4.80 5.05 5.20 5.30 Total 11.56 11.43 10.96 10.70 The export of made-ups from India has been on a increasing trend and has increased from US$ 4.8
Slide 25: Incentive and GST update
Incentive and GST update Input Tax Input Tax Incentive Earlier Current Credit (ITC) Credit (ITC) Duty Drawback No 7.5% Yes 2% GST - 0% - 5% ROSL - 1.55% - 2.2% w.e.f, 1st October 2017 MEIS - 2% - 4% w.e.f, 1st November 2017 GST refunded in full with effect from 1st October 2017 as Indo Count’s maj
Slide 26: Area, production and productivity of cotton in India
Area, production and productivity of cotton in India 600 566 568 525 511 525 484 450 398 386 370 375 351 338 300 225 150 120 120 128 119 105 75 2012-13 2013-14 2014-15 2015-16 2016-17 Area In lakh hectares Production In lakh bales of 170 kgs Yield kgs per hectare Cotton production showed an increase
Slide 27: Cotton and currency movement
Cotton and currency movement 1 candy=356kgs Rs. per candy Base to 100 Cotton Prices USD/INR 68 42,000 67.5 41,000 67 40,000 66.5 66 39,000 65.5 38,000 65 64.5 37,000 64 36,000 63.5 35,000 63 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Rupee has appreciated by around We expe
Slide 28: Journey to leadership position achieved in the last decade
Journey to leadership position achieved in the last decade Winner of Gold Trophy 2016-17 Gold from Texprocil in 2016-17 2014-15 2015-16 Silver Silver 2009-10 2010-11 2011-12 2012-13 2013-14 Bronze Bronze Bronze Bronze Bronze 27
Slide 29: Received Gold trophy from Texprocil
Received Gold trophy from Texprocil Our Chairman Mr. Anil Kumar Jain, receiving gold trophy presented by Texprocil for the highest export in Bed linen for the year 2016-17 at the hands of Textile Commissioner, Dr. Kavita Gupta 28
Slide 30: Awards and recognitions
Awards and recognitions Mr. Mohit Jain, Managing Director, was honoured with one of “India’s Top 40 under Forty”, a prestigious celebration of India’s best business leaders, entrepreneurs and professionals under the age of 40. Economic Times, India’s leading business newspaper, in partnership with c
Slide 31: CSR: At Indo Count 'Every smile counts'
CSR: At Indo Count ‘Every smile counts’ WATER & SANITATION EDUCATION HEALTHCARE WOMEN EMPOWERMENT 46 pure water units and • Implemented e-learning • Health on Wheels reached three RO systems installed programme linked to state 96 distant villages, tackling Started a Skill in schools and remote c
Slide 32: About us
About us Indo Count Industries Ltd (ICIL) (part of S&P BSE 500), is one of India’s largest home textiles manufacturer. Mr. Anil Kumar Jain, Executive Chairman, has been ranked 10th amongst the India’s Best Top 100 CEO’s 2017 by Business Today. Under his leadership, the Company has focused on some of
Slide 33: Investor Contact
Investor Contact For further information please contact: Indo Count Industries Limited CIN: L72200PN1988PLC068972 Mr. K.R. Lalpuria, Group President kklalpuria@indocount.com Mr. Dilip Ghorawat, Chief Financial Officer dilip.ghorawat@indocount.com Ms. Ruchita Maheshwari, Sr. Manager Investor Relation
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