Slide 1: Cover letter to BSE for Earnings Presentation Q1FY23
CIN No.: L 17120GJ2008PLC054976 ~T~IOENT. GST No.: 24AADCT0381R1ZZ ~ TEXOF.4.a TRIDENT TEXOFAB LIMITED Date: 26.07.2022 To, The Manager, Listing Department, l3SE Limited, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai 400 00 I BSE Scrip Code: 540726 Dear Sir/Madam, Sub: Earnings Presentation-Q1FY23
Slide 2: Q1FY23 Earnings Presentation
TRIDENT TEXOFAB LIMITED Q1FY23 Earnings Presentation July 2022 BSE: TTFL | Bloomberg: TTFLTD:IN
Slide 3: Company Overview
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED Company • Founded in early 2000 by Mr. Hardik Desai and Mr. Chetan Jariwala, and Incorporated in 2008 as Trident Texofab Overview Private Limited. The company converted to a public company and got listed on BSE SME through an IPO in 2017. • TTFL is a
Slide 4: TTFL at Glance
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED TTFL at Glance ‘Shifting Gears’ ~250 Lakh Meters Semi-Composite ‘Shifting Gears’ from Pure- Annual Manufacturing Manufacturing Unit Trading to Profitability- Capacity ~250 Lakh Meters assertive Manufacturing Operations Wide Portfolio Wide Portfolio o
Slide 5: What is 'Shifting Gears'?
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED What is ‘Shifting Gears’? In the words of our founder Mr. Hardik Desai “Strategic transformation is critical to survive and thrive in an evolving business environment, hence at TTFL we are building capabilities for the future. In the last four years,
Slide 6: Wide Product Portfolio
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED Wide Product MANUFACTURING TRADING Finished products Home Furnishing Including Portfolio • Embroidered Fabrics • Digital Printed Fabrics • Home Furnishing including • Bed Sheets • Curtains • Bed Sheets • Technical Textiles • Cushion Covers • Suiting
Slide 7: Shifting Business Divisions
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED Shifting Business MANUFACTURING TRADING Divisions Commenced in 2018 with completion of the 1st Phase of CAPEX, and expanded operations Was core business till FY18. Contributed 42.7% of sales in Q1FY23 compared to 41.4% of with completion of 3rd Phase
Slide 8: Changing Revenue Profile
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED • Significant shift in sales profile in the last five years, from being a Changing pure trading company to a dominantly-manufacturing company • Changing revenue-mix in favour of manufacturing operations to be further extended by increasing CAPEX’s in
Slide 9: 1st Phase of CAPEX
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED st 1 Phase of CAPEX • The 1st Phase of CAPEX begun in September 2018. • In the 1st phase the company invested in 1. Waterjet Unit Waterjet Unit Embroidery Unit 2. Value-added Contract Manufacturing – ~22 Lakh 37 Lakh Stitches/Day Embroidery & Digital
Slide 10: Early Results Confidence to Invest Further
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED Early Results Confidence to Invest Further 600.0 EBITDA & EBITDA (%) 7.0% 5.9% The early results from our ‘Shifting Gears’ strategy have 500.0 5.3% 5.7% 6.0% 482.7 482.8 been very satisfactory. 400.0 5.0% 4.0% 300.0 2.9% 292.9 3.0% 253.6 There has be
Slide 11: Financial Highlights
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED Financial Highlights Q1FY23 Profit and Loss Summary (IN INR LAKHS) PARTICULARS Q1FY23 Q4FY22 Q1FY22 Y-O-Y% Revenue from Operations 2339.73 2450.52 1490.44 57% Total Income 2352.56 2485.18 1501.61 57% Total Operating Expense 2193.20 2381.02 1374.47 60
Slide 12: Financial Highlights
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED Financial Highlights Annual Profit and Loss Summary (IN INR LAKHS) PARTICULARS FY22 FY21 FY20 FY19 FY18 Revenue from Operations 8429.30 4992.65 9096.41 8689.74 8546.24 Total Income 8503.43 5177.94 9138.56 8722.01 8594.15 Total Operating Expenses 7946
Slide 13: Financial Highlights
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED Financial Highlights Annual Balance Sheet Summary (IN INR LAKHS) PARTICULARS FY22 FY21 FY20 FY19 FY18 Shareholder’s Fund 1295.95 1197.67 1099.54 826.35 380.39 Non Current Liabilities 2777.99 2556.36 926.19 419.09 370.53 Current Liabilities 3024.87 30
Slide 14: Management Commentary
TRIDENT ABOUT STRATEGY FINANCIALS TEXOFAB LIMITED Management Commentary Q1FY23 Result Discussion Continued Focus on Manufacturing Operations • Q1FY23 witnessed marginal degrowth of 5% in topline on a QoQ basis. On a YoY basis, the sales • The Company had commissioned its last growth was 57%, albeit
Slide 15: Contact Us
TRIDENT TEXOFAB LIMITED Contact Us Ms. Sanju Patel Company Secretary and Compliance Officer Trident Texofab Limited cs@tridenttexofab.com 0261 – 2451274/2451284 12 / 13
Slide 16: Disclaimer
TRIDENT TEXOFAB LIMITED Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events